1
00:00:00,120 --> 00:00:01,720
Speaker 1: The time is come, ladies and gentlemen.

2
00:00:01,800 --> 00:00:03,480
Speaker 2: Invest Fest. That's right, that's right.

3
00:00:03,560 --> 00:00:06,000
Speaker 1: Invest Best twenty twenty three is here.

4
00:00:06,000 --> 00:00:09,640
Speaker 2: August twenty fifth, twenty six, and twenty seventh in Atlanta, Georgia.

5
00:00:09,720 --> 00:00:12,040
Speaker 2: We are taking into a new level, bigger than ever.

6
00:00:12,160 --> 00:00:16,919
Speaker 2: This year we're gonna do twenty thousand people in Atlanta, Georgia.

7
00:00:17,200 --> 00:00:19,000
Speaker 1: I want you to do yourself a favor. Head over

8
00:00:19,040 --> 00:00:20,680
Speaker 1: to investmst dot com right now.

9
00:00:20,760 --> 00:00:24,600
Speaker 2: We will have activations for on Friday, Saturday and Sunday,

10
00:00:24,800 --> 00:00:29,000
Speaker 2: three days, musical performances, billionaires. Everything is going to be

11
00:00:29,040 --> 00:00:34,600
Speaker 2: a completely life changing experience. Vendor, marketplace, food, truck village.

12
00:00:34,640 --> 00:00:35,080
Speaker 3: You know how we do.

13
00:00:35,320 --> 00:00:37,040
Speaker 1: Don't wait, don't hesitate that over now.

14
00:00:37,159 --> 00:00:39,040
Speaker 2: If you can pay rent, you can pay a mortgage

15
00:00:39,080 --> 00:00:40,920
Speaker 2: because most of the time the rent is higher.

16
00:00:41,520 --> 00:00:41,920
Speaker 1: Oh yeah.

17
00:00:41,960 --> 00:00:44,159
Speaker 2: The problem that stops people from buying a home is

18
00:00:44,159 --> 00:00:46,879
Speaker 2: a down payment. So the dollars, you know that, but

19
00:00:46,920 --> 00:00:49,120
Speaker 2: it's like the down payment. So it's like if you're

20
00:00:49,159 --> 00:00:52,200
Speaker 2: living in the Bronx, you might be paying nineteen hundred

21
00:00:52,240 --> 00:00:55,520
Speaker 2: dollars a month for a one bedroom and not a

22
00:00:55,560 --> 00:00:57,760
Speaker 2: great neighborhood. Yep, you can, you can.

23
00:00:57,880 --> 00:01:00,000
Speaker 3: You can go by care forty in that same neighborhood.

24
00:01:00,040 --> 00:01:03,840
Speaker 2: What'll stopping you fifty thousand dollars sixty thousand down payment.

25
00:01:04,360 --> 00:01:06,960
Speaker 2: So that's what stops a lot of people from ever

26
00:01:07,120 --> 00:01:09,520
Speaker 2: buying a home, and they just stay on the on

27
00:01:09,560 --> 00:01:14,240
Speaker 2: the rent path. Rent comment to this is something that

28
00:01:14,280 --> 00:01:16,199
Speaker 2: people don't fully understand. Rent's not cheap.

29
00:01:18,160 --> 00:01:23,680
Speaker 4: My graduates from my school being forced back drop b drop.

30
00:01:24,040 --> 00:01:26,479
Speaker 3: Mike, drop back drop drop.

31
00:01:36,959 --> 00:01:41,399
Speaker 2: All right, guys, welcome back, eyl. We back back in

32
00:01:41,440 --> 00:01:44,720
Speaker 2: the lab. So this is gonna be one of those

33
00:01:44,760 --> 00:01:48,600
Speaker 2: episodes that people love from us from the beginning. You know,

34
00:01:48,840 --> 00:01:52,240
Speaker 2: it's great. We've been all around the world. We've been

35
00:01:52,240 --> 00:01:55,560
Speaker 2: talking to billionaires and you know, having high level conversation

36
00:01:55,640 --> 00:01:59,480
Speaker 2: stuff like that. But the most useful information has always

37
00:01:59,480 --> 00:02:02,760
Speaker 2: been the practical day to day stuff that the everyday

38
00:02:02,800 --> 00:02:06,960
Speaker 2: person can go out tomorrow and execute in their real life.

39
00:02:06,960 --> 00:02:10,400
Speaker 2: Whether it's how to open how to open a brokera account,

40
00:02:10,639 --> 00:02:13,200
Speaker 2: to buy stocks, how to start a five to twenty

41
00:02:13,280 --> 00:02:15,800
Speaker 2: nine plan, to save money for your kid, how to

42
00:02:16,200 --> 00:02:18,960
Speaker 2: you know, get a mobile home, how to get a

43
00:02:19,040 --> 00:02:25,040
Speaker 2: vending machine. All of those type of niche niche episodes

44
00:02:25,120 --> 00:02:28,240
Speaker 2: have always done well. So we talk about real estate

45
00:02:28,320 --> 00:02:30,960
Speaker 2: so much. We talk about real estate a lot, but

46
00:02:31,880 --> 00:02:34,240
Speaker 2: this is a topic that we really haven't talked about

47
00:02:34,280 --> 00:02:38,280
Speaker 2: in depth. So there's a KNAKA program in a c

48
00:02:38,520 --> 00:02:40,240
Speaker 2: A knacka.

49
00:02:39,960 --> 00:02:44,000
Speaker 1: Nonprofit community advocacy and home ownership organization for those.

50
00:02:43,880 --> 00:02:48,000
Speaker 2: Not KNAKA is a program that allows first time home

51
00:02:48,040 --> 00:02:51,600
Speaker 2: buyers to get a home. And there's a lot of

52
00:02:51,639 --> 00:02:54,960
Speaker 2: benefits as far as the down payment. There is no

53
00:02:55,000 --> 00:02:55,760
Speaker 2: down payment.

54
00:02:55,560 --> 00:02:57,399
Speaker 1: Right there, that's one of the benefits.

55
00:02:57,760 --> 00:03:00,600
Speaker 2: There's a variety of difference. What's some of the benefits.

56
00:03:00,680 --> 00:03:04,160
Speaker 1: So we got no down payment, credit score can be

57
00:03:04,200 --> 00:03:08,720
Speaker 1: as low as six twenty, closing costs none.

58
00:03:09,160 --> 00:03:11,600
Speaker 4: You get the lowest interest rate in the country, regardless

59
00:03:11,600 --> 00:03:13,320
Speaker 4: of your credit score, with the option to buy it

60
00:03:13,400 --> 00:03:14,000
Speaker 4: down lower.

61
00:03:14,720 --> 00:03:18,320
Speaker 1: I mean those benefits right there charge a lot a lot. Yeah,

62
00:03:18,320 --> 00:03:21,440
Speaker 1: this is one of those information on us. Application will

63
00:03:21,480 --> 00:03:21,720
Speaker 1: be on.

64
00:03:22,040 --> 00:03:24,280
Speaker 2: So KNAKA is a program that allows you to buy

65
00:03:24,280 --> 00:03:27,119
Speaker 2: a home the lowest cost possible. Let's just say that.

66
00:03:27,560 --> 00:03:31,639
Speaker 2: And uh, traveling around, we always meet great people. So

67
00:03:31,960 --> 00:03:34,040
Speaker 2: we met I'm not showing we met a while ago.

68
00:03:34,160 --> 00:03:35,480
Speaker 3: We met in Atlanta the first time.

69
00:03:35,520 --> 00:03:39,040
Speaker 4: That was the first time I met y'all at MGHTS

70
00:03:39,080 --> 00:03:39,840
Speaker 4: and Gyms episode.

71
00:03:40,040 --> 00:03:41,920
Speaker 3: Yes, yes, my guy in the room with y'all.

72
00:03:41,920 --> 00:03:45,920
Speaker 4: We did a club house before together and then I

73
00:03:46,000 --> 00:03:49,640
Speaker 4: met y'all again when y'all came to Chicago and me

74
00:03:49,680 --> 00:03:51,800
Speaker 4: and you got to spend some time on the boat

75
00:03:51,840 --> 00:03:54,400
Speaker 4: and that was that was the boat.

76
00:03:54,200 --> 00:03:54,560
Speaker 3: On the river.

77
00:03:55,200 --> 00:03:58,280
Speaker 2: That was a nice nice pulled up to the steakhouse.

78
00:03:58,440 --> 00:04:03,560
Speaker 5: Yeah yeah, yeah, the boat Chicago twist, and I know

79
00:04:03,640 --> 00:04:06,800
Speaker 5: I hear about Chicago, but yeah, we kicked it like

80
00:04:06,840 --> 00:04:08,640
Speaker 5: real players when y'all came fire.

81
00:04:08,960 --> 00:04:09,880
Speaker 1: That was definitely a moment.

82
00:04:09,960 --> 00:04:12,440
Speaker 2: Shout out to we coming back to Chicago for market Monday.

83
00:04:12,440 --> 00:04:13,920
Speaker 3: Oh yeah, I can't wait for that. I saw y'all

84
00:04:13,960 --> 00:04:15,520
Speaker 3: in the world too, the one.

85
00:04:15,720 --> 00:04:17,400
Speaker 1: To be one of the ones very intentionally to chow

86
00:04:17,480 --> 00:04:18,120
Speaker 1: Chicago as.

87
00:04:18,200 --> 00:04:22,520
Speaker 2: They So yeah, so we met Dre. So Dre has

88
00:04:22,560 --> 00:04:25,880
Speaker 2: become the online leader when it comes to speaking about

89
00:04:25,960 --> 00:04:28,599
Speaker 2: NAKA from firsthand experience. And this is why I like

90
00:04:28,640 --> 00:04:30,760
Speaker 2: to interview people like this as well, because it's one

91
00:04:30,760 --> 00:04:33,039
Speaker 2: thing to have somebody from the program speak about it,

92
00:04:33,080 --> 00:04:35,680
Speaker 2: but it's always beneficial from somebody that actually just went

93
00:04:35,720 --> 00:04:39,640
Speaker 2: through the program himself and had success. So he actually

94
00:04:39,680 --> 00:04:43,400
Speaker 2: went through the program, has success with the program, and

95
00:04:43,480 --> 00:04:46,520
Speaker 2: now he's an advocate for the program, and you know,

96
00:04:46,720 --> 00:04:52,520
Speaker 2: he teaches people and provides information about best practices on

97
00:04:52,839 --> 00:04:56,279
Speaker 2: how you can utilize the program so you can become

98
00:04:56,279 --> 00:04:59,760
Speaker 2: a homeowner. So yeah, first he had experience. Is not

99
00:04:59,800 --> 00:05:02,440
Speaker 2: like something somebody like, you know, teaching out of a textbook.

100
00:05:02,480 --> 00:05:04,920
Speaker 2: It's like the real life. This is what I did.

101
00:05:04,960 --> 00:05:07,080
Speaker 2: There's some mistakes that I made. This is things that

102
00:05:07,120 --> 00:05:10,040
Speaker 2: I did that you know, you should learn about, and

103
00:05:10,920 --> 00:05:12,640
Speaker 2: it's something that you know a lot of people have

104
00:05:12,760 --> 00:05:14,280
Speaker 2: been able to gain help from.

105
00:05:14,400 --> 00:05:16,800
Speaker 1: Yeah, it's one of those things. And like if you've

106
00:05:16,800 --> 00:05:19,039
Speaker 1: been in the real estate space, a lot of loan

107
00:05:19,080 --> 00:05:21,520
Speaker 1: officers don't know as much information as the people who

108
00:05:21,560 --> 00:05:24,039
Speaker 1: are actually going through it. So in order to you know,

109
00:05:24,200 --> 00:05:26,880
Speaker 1: understand it, going through the trials is part of it.

110
00:05:26,920 --> 00:05:30,920
Speaker 1: So I'm sure that you're educating loan offices and people progress.

111
00:05:31,000 --> 00:05:35,000
Speaker 4: Agents because everybody, because it's a man a program, is

112
00:05:35,040 --> 00:05:37,120
Speaker 4: so little known and I feel like a program like

113
00:05:37,120 --> 00:05:39,320
Speaker 4: this will just be known across the nation, just like

114
00:05:39,400 --> 00:05:41,960
Speaker 4: by everybody. But now is also a non for profit,

115
00:05:42,000 --> 00:05:44,440
Speaker 4: so they don't do any marketing. That's why they have

116
00:05:44,600 --> 00:05:47,240
Speaker 4: a clause in their program that once you go through

117
00:05:47,279 --> 00:05:48,440
Speaker 4: the program, you know what I mean, you kind of

118
00:05:48,440 --> 00:05:50,159
Speaker 4: got to advocate for the program because they don't have

119
00:05:50,200 --> 00:05:51,960
Speaker 4: marketing dollars, so you have to go out and tell

120
00:05:52,000 --> 00:05:52,960
Speaker 4: people about the program.

121
00:05:53,000 --> 00:05:54,880
Speaker 3: And at this point, I've become.

122
00:05:54,640 --> 00:05:58,279
Speaker 4: Like their biggest You're doing your due diligence way more

123
00:05:58,320 --> 00:05:59,320
Speaker 4: than my due diligence.

124
00:06:00,400 --> 00:06:01,200
Speaker 2: Yeah.

125
00:06:01,320 --> 00:06:03,640
Speaker 3: So, first and foremost, thank you for joining us, and

126
00:06:03,640 --> 00:06:05,640
Speaker 3: I appreciate you all having me on. Y'all know this honor.

127
00:06:05,680 --> 00:06:07,279
Speaker 3: I tell people all the time, like, man.

128
00:06:07,200 --> 00:06:10,279
Speaker 4: These brothers interview billionaires on the regular and I'm just

129
00:06:10,320 --> 00:06:13,080
Speaker 4: a south Side kid from Chicago to projects and here

130
00:06:13,120 --> 00:06:14,000
Speaker 4: I am.

131
00:06:14,160 --> 00:06:14,760
Speaker 3: Man, look at.

132
00:06:14,720 --> 00:06:22,520
Speaker 1: God crazy, Yes, eyl, He's worthy of all things.

133
00:06:24,120 --> 00:06:27,560
Speaker 2: Yes. So all right, so let's get into this. Where

134
00:06:27,560 --> 00:06:31,080
Speaker 2: does this all start? You from Chicago, right, used to

135
00:06:31,120 --> 00:06:32,359
Speaker 2: play basketball?

136
00:06:32,560 --> 00:06:35,240
Speaker 4: So no, I didn't play basketball, just hung around about

137
00:06:35,279 --> 00:06:37,320
Speaker 4: my friends there. So I'm from the South Side, Cargo

138
00:06:37,320 --> 00:06:39,720
Speaker 4: to Ida b Wells projects. I didn't grow up with

139
00:06:39,880 --> 00:06:44,600
Speaker 4: any financial literacy, man EBT, Section eight, government assistant everything.

140
00:06:45,520 --> 00:06:48,680
Speaker 4: In the late eighties and early nineties, my projects, just

141
00:06:48,720 --> 00:06:51,479
Speaker 4: like probably a lot of everybody's projects, were hit extremely

142
00:06:51,520 --> 00:06:53,760
Speaker 4: hard by the drug epidemic. My mom and dad were

143
00:06:53,760 --> 00:06:56,240
Speaker 4: affected by that. I ended up being adopted into my

144
00:06:56,279 --> 00:06:58,160
Speaker 4: own family by my aunt. Thank god, I didn't have

145
00:06:58,200 --> 00:06:59,680
Speaker 4: to go through the system or any of that kind

146
00:06:59,680 --> 00:07:03,080
Speaker 4: of stuff. So I moved out to the suburb called Maywood,

147
00:07:03,279 --> 00:07:05,560
Speaker 4: and there I went to a high school called Proviso

148
00:07:05,560 --> 00:07:08,920
Speaker 4: East High School, and Proviso East is essentially a basketball factory.

149
00:07:09,200 --> 00:07:13,760
Speaker 4: Michael Finley, Doc River, Steve Hunter, Shannon Brown, d Brown,

150
00:07:13,840 --> 00:07:16,520
Speaker 4: Sterling Brown is just like an unlimited amount of NBA

151
00:07:16,600 --> 00:07:19,520
Speaker 4: players that come out of this school. Just even now,

152
00:07:19,560 --> 00:07:21,280
Speaker 4: we still got a bunch of players in the league.

153
00:07:21,720 --> 00:07:23,920
Speaker 3: And me moving out there.

154
00:07:24,080 --> 00:07:26,120
Speaker 4: I went to this school and I used to rap,

155
00:07:26,280 --> 00:07:28,720
Speaker 4: and you know, sports in rap go hand in hand.

156
00:07:29,120 --> 00:07:31,040
Speaker 4: And I was just like, you know, this dude went

157
00:07:31,040 --> 00:07:33,840
Speaker 4: around the school battling everybody, beating everybody in rap battles

158
00:07:33,840 --> 00:07:36,040
Speaker 4: and all that. And of course to start basketball players,

159
00:07:36,160 --> 00:07:38,040
Speaker 4: it's like, yo, what's good, bro, We love what you're

160
00:07:38,040 --> 00:07:39,640
Speaker 4: doing or whatever. So we would link up, you know,

161
00:07:39,720 --> 00:07:42,120
Speaker 4: I pick up games and all that. But I realized

162
00:07:42,160 --> 00:07:44,080
Speaker 4: I wasn't nowhere near as good as these guys like

163
00:07:44,120 --> 00:07:46,400
Speaker 4: they like, you know, like they got Coach k and

164
00:07:46,440 --> 00:07:48,920
Speaker 4: Tom Izzo come in the city, stands to watch them. Like,

165
00:07:48,960 --> 00:07:50,760
Speaker 4: mind you, d you went to University of Illinois and

166
00:07:50,760 --> 00:07:53,280
Speaker 4: Shannel went to Michigan State, Bill self and Tom Izzo,

167
00:07:53,400 --> 00:07:54,600
Speaker 4: two of the greatest college.

168
00:07:54,360 --> 00:07:55,680
Speaker 3: Coaches ever, you know what I'm saying.

169
00:07:55,880 --> 00:07:58,520
Speaker 4: So these were like people that were coming to my school,

170
00:07:58,600 --> 00:08:01,480
Speaker 4: and like I got exposed early, mind you ding Shannon

171
00:08:01,560 --> 00:08:05,440
Speaker 4: with both all Americans too, So like we would hang

172
00:08:05,480 --> 00:08:08,280
Speaker 4: out with people like Lebron James before Lebron was Lebron,

173
00:08:08,320 --> 00:08:10,400
Speaker 4: Like we'd be playing Madden and Shannon crib and stuff

174
00:08:10,440 --> 00:08:13,280
Speaker 4: like that. So I got exposure really really early to

175
00:08:13,360 --> 00:08:13,760
Speaker 4: a lot.

176
00:08:13,600 --> 00:08:16,360
Speaker 3: Of dope stuff. Even though my mindset wasn't quite there.

177
00:08:16,520 --> 00:08:19,600
Speaker 4: God started showing me a lot really really early, Like yo, Like,

178
00:08:19,800 --> 00:08:22,040
Speaker 4: I'm putting you in these rooms and around these specific

179
00:08:22,080 --> 00:08:24,560
Speaker 4: people for specific reasons, and I need you to know,

180
00:08:24,920 --> 00:08:27,679
Speaker 4: regardless of what your circumstances are or where you're from,

181
00:08:28,040 --> 00:08:30,320
Speaker 4: you wanted them dudes, And I didn't realize that for

182
00:08:30,360 --> 00:08:32,880
Speaker 4: a very very long time. And those relationships kind of

183
00:08:32,880 --> 00:08:34,280
Speaker 4: cultivated that mindset for me.

184
00:08:34,360 --> 00:08:34,560
Speaker 1: Man.

185
00:08:35,360 --> 00:08:39,880
Speaker 2: So at what point do you get into real estate?

186
00:08:40,960 --> 00:08:43,120
Speaker 2: What point do you even have the aspiration to buy

187
00:08:43,160 --> 00:08:44,800
Speaker 2: a home, Because, like you said, a lot of times

188
00:08:44,840 --> 00:08:47,520
Speaker 2: people come from an environment where buying a home it's

189
00:08:47,520 --> 00:08:49,319
Speaker 2: not even something that's even a goal for.

190
00:08:49,320 --> 00:08:50,320
Speaker 3: Them, wasn't a goal at all.

191
00:08:50,440 --> 00:08:52,600
Speaker 4: So initially, like I said, I was chasing rap like

192
00:08:52,600 --> 00:08:54,120
Speaker 4: I was trying to do music. So one of my

193
00:08:54,160 --> 00:08:56,520
Speaker 4: other homies, Coachline on the Beat, he's a producer. He

194
00:08:56,600 --> 00:09:00,320
Speaker 4: sold over forty million records worldwide. Yeah, Rihanna, Burt Thay

195
00:09:00,320 --> 00:09:04,360
Speaker 4: Cake as Big Sean Anaconda, Nicki Minaj, Justin Bieber, He's

196
00:09:04,400 --> 00:09:07,000
Speaker 4: done so many records.

197
00:09:06,000 --> 00:09:09,319
Speaker 3: And he was and he was my producer.

198
00:09:09,559 --> 00:09:12,000
Speaker 4: And I'm meeting with labels, I'm opening up shows for

199
00:09:12,120 --> 00:09:14,679
Speaker 4: Fat Joe, Young Jock when he popping, you know what

200
00:09:14,679 --> 00:09:16,640
Speaker 4: I'm saying, sitting next to jay Z and Beyonce at

201
00:09:16,679 --> 00:09:18,680
Speaker 4: the Final four games. And when I tell y'all, this

202
00:09:18,720 --> 00:09:21,960
Speaker 4: shit would not break for me, like nobody would sign me,

203
00:09:22,200 --> 00:09:24,520
Speaker 4: Like it just would not happen for whatever the reason.

204
00:09:24,600 --> 00:09:27,240
Speaker 4: So after a while I realized, bro like your life

205
00:09:27,360 --> 00:09:30,199
Speaker 4: is a facade, Like you're not who you say you are.

206
00:09:30,240 --> 00:09:33,720
Speaker 4: You're not this imagery putting out there. You're doing music videos,

207
00:09:33,720 --> 00:09:35,760
Speaker 4: you hanging out with millionaires, which is cool, but you

208
00:09:35,960 --> 00:09:38,680
Speaker 4: dead as broke though, Like you got eviction notices on

209
00:09:38,720 --> 00:09:40,840
Speaker 4: your door, you have children that you're not taking care

210
00:09:40,880 --> 00:09:42,960
Speaker 4: of all of these things. So I have to really

211
00:09:42,960 --> 00:09:44,840
Speaker 4: have a like you know, sitting down with myself and

212
00:09:44,920 --> 00:09:47,320
Speaker 4: just be like all right, like you gotta do something different.

213
00:09:47,360 --> 00:09:50,240
Speaker 4: So I stepped away from music, and I wouldn't have

214
00:09:50,280 --> 00:09:52,080
Speaker 4: got me a job at a telemarketing company.

215
00:09:52,080 --> 00:09:53,880
Speaker 3: Bro Like just like the worst of the worst.

216
00:09:54,040 --> 00:09:56,719
Speaker 4: I'm calling people like putting him in schools like the

217
00:09:56,880 --> 00:09:59,680
Speaker 4: Ride University, like Everest, Like you know what I'm saying,

218
00:10:00,000 --> 00:10:02,080
Speaker 4: I'm really selling this ship though, like mind you, Like

219
00:10:02,120 --> 00:10:05,439
Speaker 4: I'm like I'm in the office killing like top salesmen

220
00:10:05,559 --> 00:10:08,560
Speaker 4: everything whole time. I'm knowing I'm just ruining people's lives,

221
00:10:08,640 --> 00:10:09,480
Speaker 4: like you know what I'm saying.

222
00:10:09,480 --> 00:10:11,120
Speaker 3: But it's a job. It's pays.

223
00:10:11,280 --> 00:10:13,800
Speaker 1: What's that what's that experience? Like though? Right like to

224
00:10:13,960 --> 00:10:16,000
Speaker 1: like I'm saying the story.

225
00:10:15,960 --> 00:10:16,319
Speaker 3: I'm just.

226
00:10:18,640 --> 00:10:18,720
Speaker 1: You.

227
00:10:18,760 --> 00:10:21,240
Speaker 4: I go from here and to look, it was a

228
00:10:21,280 --> 00:10:23,520
Speaker 4: time where I was I was like, I mean Kobe

229
00:10:23,520 --> 00:10:25,199
Speaker 4: Bryant Shanna play for the Lakers one back to back

230
00:10:25,240 --> 00:10:27,800
Speaker 4: championship with Kobe Mary Monica, Like I'm a part of

231
00:10:27,840 --> 00:10:28,120
Speaker 4: all of.

232
00:10:28,040 --> 00:10:28,600
Speaker 3: This kind of shit.

233
00:10:29,000 --> 00:10:32,800
Speaker 4: I go from here to here, like and I'm just

234
00:10:32,800 --> 00:10:37,960
Speaker 4: in this cubicle life, like.

235
00:10:39,000 --> 00:10:41,920
Speaker 3: What is happening in my life right now? Mind you?

236
00:10:42,080 --> 00:10:45,360
Speaker 4: Like I'm around people that are just getting out of jail,

237
00:10:45,679 --> 00:10:48,120
Speaker 4: like you know what I'm saying, women that got you know,

238
00:10:48,240 --> 00:10:50,920
Speaker 4: three four kids like people like that. I grew up

239
00:10:50,960 --> 00:10:53,440
Speaker 4: around Section e EBT and I don't judge any of this,

240
00:10:53,840 --> 00:10:55,959
Speaker 4: but this is just not the mindset that I had

241
00:10:56,000 --> 00:10:58,079
Speaker 4: and to trying to get sucked back into this environment

242
00:10:58,120 --> 00:10:59,760
Speaker 4: after like coming out of this environment.

243
00:10:59,760 --> 00:11:02,000
Speaker 3: It's like, like what is going on in my life right now?

244
00:11:02,720 --> 00:11:06,400
Speaker 4: So I had to like really just like you know,

245
00:11:06,720 --> 00:11:09,320
Speaker 4: come down, get off my hot horse, and be like, God,

246
00:11:09,320 --> 00:11:11,960
Speaker 4: what are you trying to do for me? And it

247
00:11:12,080 --> 00:11:13,920
Speaker 4: was just he's trying to teach me a lesson, Like bro,

248
00:11:14,040 --> 00:11:15,679
Speaker 4: like you not doing what I called you to do,

249
00:11:16,040 --> 00:11:17,280
Speaker 4: Like you know what I'm saying, Like all of this

250
00:11:17,360 --> 00:11:20,000
Speaker 4: is cool, it sound cool, but this ain't for you.

251
00:11:20,440 --> 00:11:23,520
Speaker 4: And once I realized that, I googled. I started googling

252
00:11:24,080 --> 00:11:29,080
Speaker 4: how do regular nine to fiver s get rich? This

253
00:11:29,120 --> 00:11:30,760
Speaker 4: is my first Google search cause I'm just like I

254
00:11:30,800 --> 00:11:32,800
Speaker 4: can't give up on my dream of getting wealthy because

255
00:11:33,040 --> 00:11:35,000
Speaker 4: I felt like sports and entertainment were it for me?

256
00:11:35,040 --> 00:11:36,640
Speaker 4: Coming from the hood, that's all we know, that's all

257
00:11:36,640 --> 00:11:39,160
Speaker 4: we exposed to, right, And I'm seeing my friends make it.

258
00:11:39,200 --> 00:11:41,280
Speaker 4: I'm seeing my homimaker and music. I'm like, yo, this

259
00:11:41,440 --> 00:11:43,440
Speaker 4: this is my move. But it's just like, no, this

260
00:11:43,520 --> 00:11:46,600
Speaker 4: ain't for you, right. And I kept on coming across

261
00:11:46,679 --> 00:11:48,800
Speaker 4: real estate in the stock market on my Google searches,

262
00:11:49,120 --> 00:11:50,959
Speaker 4: I came across the book RICHI Dad, Poor Dad.

263
00:11:51,000 --> 00:11:53,440
Speaker 3: It was on say Amazon, like four ninety nine. Just

264
00:11:53,480 --> 00:11:55,120
Speaker 3: it ain't gonna hurt me. Let me just buy this book.

265
00:11:55,520 --> 00:11:58,320
Speaker 3: The book came the next day. When I tell y'all,

266
00:11:58,880 --> 00:11:59,960
Speaker 3: I sat in my cubicle.

267
00:12:00,280 --> 00:12:02,880
Speaker 4: I was so locked in because this book just started

268
00:12:02,920 --> 00:12:06,240
Speaker 4: feeding me so much valuable information that I needed, and

269
00:12:06,280 --> 00:12:08,280
Speaker 4: I'm like, Yo, this is what I'm missing this whole time.

270
00:12:08,320 --> 00:12:11,559
Speaker 4: Like a light bulb went off on my head, like assets, reliabilities,

271
00:12:11,559 --> 00:12:13,280
Speaker 4: you know what I mean, taking ownership for your own,

272
00:12:13,360 --> 00:12:16,080
Speaker 4: not letting nobody boss you around like not as all

273
00:12:16,080 --> 00:12:18,880
Speaker 4: of these things. I'm like, Yo, this whole time, I've

274
00:12:18,920 --> 00:12:20,920
Speaker 4: been waiting on other people to do for me when

275
00:12:20,960 --> 00:12:22,719
Speaker 4: I need to be trying to do for myself. These

276
00:12:22,760 --> 00:12:26,240
Speaker 4: relationships have crippled me because I'm looking for my homies

277
00:12:26,240 --> 00:12:28,080
Speaker 4: to put me in position. I'm looking for my homies

278
00:12:28,120 --> 00:12:29,880
Speaker 4: to invest in me. I'm looking for my homies to

279
00:12:29,920 --> 00:12:32,960
Speaker 4: speak for me. And even though they did, that just

280
00:12:33,120 --> 00:12:35,600
Speaker 4: wasn't in God's plans, which is why it didn't work out.

281
00:12:35,720 --> 00:12:38,079
Speaker 4: Like you can have the most biggest and the best

282
00:12:38,360 --> 00:12:40,640
Speaker 4: speaking in vouching for you, if it's not in God's plans,

283
00:12:40,640 --> 00:12:41,320
Speaker 4: it won't ever work.

284
00:12:41,360 --> 00:12:41,640
Speaker 3: You can.

285
00:12:41,960 --> 00:12:45,000
Speaker 4: There are times where you can do absolutely everything right

286
00:12:45,640 --> 00:12:47,160
Speaker 4: and it still won't work out for you.

287
00:12:47,320 --> 00:12:48,200
Speaker 3: And what do you do then?

288
00:12:48,840 --> 00:12:51,079
Speaker 4: And that was my situation because I did everything right.

289
00:12:51,120 --> 00:12:53,520
Speaker 4: I was man going to radio, like you know what

290
00:12:53,559 --> 00:12:56,400
Speaker 4: I'm saying, paying DJ, do everything that you could possibly

291
00:12:56,400 --> 00:12:58,520
Speaker 4: do to be successful in the music industry. Man going

292
00:12:58,520 --> 00:13:01,319
Speaker 4: to the studio, mixing and mastering my records like you

293
00:13:01,360 --> 00:13:03,360
Speaker 4: know what I mean, really putting time, energy and money

294
00:13:03,360 --> 00:13:04,880
Speaker 4: into this, and it just never worked out.

295
00:13:05,240 --> 00:13:07,040
Speaker 3: And that book was just kind of.

296
00:13:07,040 --> 00:13:10,640
Speaker 4: Like just just like a mind explosion just went off,

297
00:13:10,679 --> 00:13:13,760
Speaker 4: like Yo, this is it. So immediately I started saving

298
00:13:13,800 --> 00:13:16,880
Speaker 4: all of my checks. After that book, I read Money

299
00:13:16,920 --> 00:13:19,800
Speaker 4: Master the Game by Tony Robbers. Ian speak on that

300
00:13:19,840 --> 00:13:22,360
Speaker 4: book highly heavily. I do too, cause it like, I say,

301
00:13:22,480 --> 00:13:24,840
Speaker 4: that really got my mind right as far as money,

302
00:13:25,080 --> 00:13:26,920
Speaker 4: Richard dat Porte got my mindset right.

303
00:13:27,000 --> 00:13:28,199
Speaker 3: But money master the game.

304
00:13:28,640 --> 00:13:30,600
Speaker 4: It was just like all right, man, vang art this

305
00:13:30,880 --> 00:13:33,200
Speaker 4: put your money over here, do this save you know

306
00:13:33,280 --> 00:13:35,800
Speaker 4: these many baskets. And it was just like what So

307
00:13:35,880 --> 00:13:38,440
Speaker 4: immediately man started doing full one K because they match.

308
00:13:38,640 --> 00:13:41,320
Speaker 3: Start saving all my bread, stop buying mic start eating

309
00:13:41,320 --> 00:13:42,160
Speaker 3: noodles every day.

310
00:13:42,240 --> 00:13:44,640
Speaker 4: Like bro, like I really just locked in and just

311
00:13:44,679 --> 00:13:47,880
Speaker 4: like sacrifice, stop going outside all the time. Job offering

312
00:13:47,920 --> 00:13:50,280
Speaker 4: overtime to people who were hitting their bonus. I was

313
00:13:50,320 --> 00:13:52,400
Speaker 4: a top producer in the job. I started working fifty

314
00:13:52,440 --> 00:13:57,000
Speaker 4: sixty hours a week. After about a year, I realized, Bro,

315
00:13:57,080 --> 00:13:59,319
Speaker 4: you got like ten grands saved up. You go buy

316
00:13:59,360 --> 00:14:03,360
Speaker 4: your house. So I call a mente, my mentor mind

317
00:14:03,520 --> 00:14:06,800
Speaker 4: a big sister, Keyoko. I met her through shunning relationships.

318
00:14:06,840 --> 00:14:09,640
Speaker 4: You always speak about relationships with Shah, and my relationships

319
00:14:09,640 --> 00:14:11,520
Speaker 4: that I have through my friends who played in the

320
00:14:11,640 --> 00:14:13,600
Speaker 4: NBA have been extremely valuable.

321
00:14:13,640 --> 00:14:16,360
Speaker 3: You know what I'm saying. I call her she's a broker.

322
00:14:16,440 --> 00:14:18,600
Speaker 4: I'm like, hey, Key, I'm ready about how She's like, yeah,

323
00:14:18,600 --> 00:14:20,560
Speaker 4: that sound cool or whatever, But you really need to

324
00:14:20,560 --> 00:14:22,560
Speaker 4: consider getting you a multi unit. You know what I mean,

325
00:14:22,600 --> 00:14:25,120
Speaker 4: because in your situation, you don't want to end up

326
00:14:25,160 --> 00:14:27,720
Speaker 4: stuck having to pay a mortgage and then you stuck

327
00:14:27,760 --> 00:14:29,640
Speaker 4: at that job that you really don't like. You use

328
00:14:29,720 --> 00:14:31,680
Speaker 4: that as a stepping stone to go get you a

329
00:14:31,760 --> 00:14:34,360
Speaker 4: multi unit. To qualify for your multi unit, and you

330
00:14:34,400 --> 00:14:37,440
Speaker 4: go through this program called nack A Neighborhood Assistance Corporations

331
00:14:37,440 --> 00:14:41,120
Speaker 4: of America. They got no money down, no coldes and costs,

332
00:14:41,320 --> 00:14:43,800
Speaker 4: no agent nor attorney fees, dre you off, the lowest

333
00:14:43,800 --> 00:14:45,600
Speaker 4: interest rate in the country, with the option to buy

334
00:14:45,680 --> 00:14:47,280
Speaker 4: down lower, all these different things.

335
00:14:47,280 --> 00:14:49,520
Speaker 3: And I'm like, you lie. She's like, no, I'm not.

336
00:14:49,600 --> 00:14:51,400
Speaker 3: What have I ever lied to you? I'm like, no,

337
00:14:51,600 --> 00:14:54,480
Speaker 3: you haven't. And uh. From there I went and deal,

338
00:14:54,640 --> 00:14:57,440
Speaker 3: she said, and just life life.

339
00:14:58,840 --> 00:14:59,760
Speaker 1: Now you're spokesperson.

340
00:15:01,480 --> 00:15:03,400
Speaker 2: So let's start at the beginning with NAKA. So I

341
00:15:03,520 --> 00:15:06,400
Speaker 2: first been introduced to NAKO in my sister was actually

342
00:15:06,480 --> 00:15:12,000
Speaker 2: going through the program with her late husband at the time,

343
00:15:12,240 --> 00:15:14,760
Speaker 2: and there was like a seminar that they had to

344
00:15:14,800 --> 00:15:16,520
Speaker 2: go through, and I was learning I had never heard

345
00:15:16,520 --> 00:15:21,080
Speaker 2: about the program before that they didn't actually go always

346
00:15:21,080 --> 00:15:23,000
Speaker 2: through with the program, which I find a lot of

347
00:15:23,000 --> 00:15:26,480
Speaker 2: people don't. The retention is so a lot of people

348
00:15:26,680 --> 00:15:28,760
Speaker 2: have criticized NACA because they're like, it's a lot that

349
00:15:28,800 --> 00:15:32,840
Speaker 2: you got to go through. It's very strenuous. So what's

350
00:15:32,880 --> 00:15:36,240
Speaker 2: the first step in the KNACKER process.

351
00:15:36,000 --> 00:15:37,320
Speaker 3: Like you said, going to that meeting.

352
00:15:37,320 --> 00:15:39,200
Speaker 2: It's about three or four hours and that's all over

353
00:15:39,240 --> 00:15:39,720
Speaker 2: the country, right.

354
00:15:39,840 --> 00:15:42,400
Speaker 4: Yeah, they pretty much break down everything, all of the

355
00:15:42,440 --> 00:15:44,720
Speaker 4: benefits of the program, the things that you have to do,

356
00:15:44,840 --> 00:15:46,920
Speaker 4: the rules for the program, things you can't do to

357
00:15:46,960 --> 00:15:50,880
Speaker 4: the program. And yeah, from there, you know, you sign

358
00:15:50,960 --> 00:15:53,080
Speaker 4: up and let them know what date you want to

359
00:15:53,080 --> 00:15:55,360
Speaker 4: meet with a mortgage counselor it could be up to

360
00:15:55,400 --> 00:15:57,320
Speaker 4: two years out, it could be up to two weeks out,

361
00:15:57,360 --> 00:15:59,760
Speaker 4: but you put whatever date when you're comfortable. I tell

362
00:15:59,760 --> 00:16:02,360
Speaker 4: people all the time, don't go into you're ready. You

363
00:16:02,360 --> 00:16:04,440
Speaker 4: know what I'm saying, Don't go into your like all

364
00:16:04,480 --> 00:16:06,200
Speaker 4: the way ready, don't go just trying to see what

365
00:16:06,240 --> 00:16:08,680
Speaker 4: they gonna say and all that, like you know, test

366
00:16:08,680 --> 00:16:10,800
Speaker 4: the program, Like, no, go when you're ready, when you

367
00:16:10,800 --> 00:16:13,080
Speaker 4: know you have your documentation order, you got your two

368
00:16:13,120 --> 00:16:15,160
Speaker 4: years work history and order, you got your two years

369
00:16:15,240 --> 00:16:18,120
Speaker 4: tax history and audio bank statements order like these are

370
00:16:18,160 --> 00:16:22,000
Speaker 4: things that all lenders require, not just NAKA. So it's

371
00:16:22,040 --> 00:16:23,920
Speaker 4: like you shouldn't be going to a lender any unless

372
00:16:23,960 --> 00:16:26,440
Speaker 4: you have this stuff in order anyway. But NACA is

373
00:16:26,480 --> 00:16:30,480
Speaker 4: just extra strict about their documentation because essentially, you're going

374
00:16:30,520 --> 00:16:33,600
Speaker 4: to these people asking them for hundreds of thousands of

375
00:16:33,600 --> 00:16:37,240
Speaker 4: dollars for absolutely nothing. Your credit ain't shit, you ain't

376
00:16:37,240 --> 00:16:40,360
Speaker 4: really shit, like you know what I'm saying, like most

377
00:16:40,400 --> 00:16:43,320
Speaker 4: of the time for real time, like, but these people

378
00:16:43,320 --> 00:16:45,480
Speaker 4: are still willing to give you a chance. Most lenders,

379
00:16:45,480 --> 00:16:47,520
Speaker 4: when you go to them in that situation, what they're

380
00:16:47,560 --> 00:16:49,480
Speaker 4: doing they're closing, doing your face and giving you a

381
00:16:49,520 --> 00:16:50,680
Speaker 4: decline letter NAKA.

382
00:16:50,720 --> 00:16:52,680
Speaker 3: They're gonna give you a checklist of things to do

383
00:16:52,960 --> 00:16:53,880
Speaker 3: until you to come back.

384
00:16:53,920 --> 00:16:57,040
Speaker 4: When you have those things done, your ID with them

385
00:16:57,120 --> 00:16:59,200
Speaker 4: is still gonna be intacked, your foul with them still

386
00:16:59,200 --> 00:17:01,640
Speaker 4: gonna be attack. You're gonna be able to update documents

387
00:17:01,640 --> 00:17:03,560
Speaker 4: and send stuff in, but they're just not going to

388
00:17:03,680 --> 00:17:04,560
Speaker 4: qualify you for a.

389
00:17:04,600 --> 00:17:07,200
Speaker 3: Loan until you get things marked off that checklist.

390
00:17:07,240 --> 00:17:10,920
Speaker 1: So it's a pretty strenuous checklist. So it's not IT'SANUD,

391
00:17:11,320 --> 00:17:12,960
Speaker 1: That's what I'm saying. Like people, most people with the

392
00:17:13,000 --> 00:17:15,520
Speaker 1: common misconception. It's like yo, I've seen people say yo,

393
00:17:15,600 --> 00:17:18,000
Speaker 1: I tried twice and I just can't get through it.

394
00:17:18,480 --> 00:17:20,360
Speaker 1: What is it? Is it the fact that they don't

395
00:17:20,800 --> 00:17:23,879
Speaker 1: have that profile that you just spoke about intact, or like,

396
00:17:24,080 --> 00:17:25,680
Speaker 1: what is the thing that is blocking people?

397
00:17:26,040 --> 00:17:26,359
Speaker 3: To me?

398
00:17:26,480 --> 00:17:28,199
Speaker 4: A lot of times it was my own fault. I

399
00:17:28,200 --> 00:17:32,240
Speaker 4: was getting in my own way, Like so just my mentality,

400
00:17:32,280 --> 00:17:34,000
Speaker 4: you know what I mean. So I'm you know, pointing

401
00:17:34,000 --> 00:17:36,120
Speaker 4: a finger at them. Like a lot of times they'll

402
00:17:36,160 --> 00:17:38,200
Speaker 4: be like, man, send us this document.

403
00:17:37,840 --> 00:17:39,080
Speaker 3: Or can you resend this?

404
00:17:39,160 --> 00:17:40,760
Speaker 4: And I would get mad and frustrated and want to

405
00:17:40,800 --> 00:17:42,800
Speaker 4: go back and forth and say of just sending the document,

406
00:17:42,880 --> 00:17:43,760
Speaker 4: like you know what I mean, So what if you

407
00:17:43,760 --> 00:17:46,520
Speaker 4: got to send it twice? Like it's just stuff, get lost, stuff,

408
00:17:46,520 --> 00:17:48,040
Speaker 4: get caught up in you know what I'm saying? Things

409
00:17:48,080 --> 00:17:50,000
Speaker 4: like that, And then too a lot of times people

410
00:17:50,040 --> 00:17:53,560
Speaker 4: get really frustrated because what they don't understand is KNAKA

411
00:17:53,600 --> 00:17:57,399
Speaker 4: is extremely understaffed. They're non for profit, they're understaffed, and

412
00:17:57,400 --> 00:18:00,240
Speaker 4: they're overworked. And then you got a person like me

413
00:18:00,400 --> 00:18:04,160
Speaker 4: out here screaming from the mountaintops on eyl where there's

414
00:18:04,240 --> 00:18:06,720
Speaker 4: millions of people following, Hey y'all, y'all can go get

415
00:18:06,760 --> 00:18:08,920
Speaker 4: y'all MAULTI unit with the knack of program So now

416
00:18:08,960 --> 00:18:11,680
Speaker 4: there's this rush of people going to the knack of programming.

417
00:18:11,720 --> 00:18:14,080
Speaker 3: Now they're even more overwork than more overwhelmed.

418
00:18:14,119 --> 00:18:15,800
Speaker 4: So it's like there has to be a level of

419
00:18:15,840 --> 00:18:19,080
Speaker 4: patience and understanding when you're taking advantage of a program

420
00:18:19,080 --> 00:18:21,320
Speaker 4: like this and just really getting like, all right, cool,

421
00:18:21,880 --> 00:18:24,720
Speaker 4: I know if I exercise patients at the end of

422
00:18:24,760 --> 00:18:28,040
Speaker 4: all of this, there won't be anything better out there

423
00:18:28,080 --> 00:18:31,440
Speaker 4: for me. So I made a real the other day

424
00:18:31,880 --> 00:18:35,320
Speaker 4: that said, I compare Naka to Tom Brady and Jordan.

425
00:18:35,560 --> 00:18:37,840
Speaker 4: They're not the biggest, they're not the strongest, they're not

426
00:18:37,880 --> 00:18:40,720
Speaker 4: the fastest, but they're the best in the clutch when

427
00:18:40,720 --> 00:18:42,600
Speaker 4: it comes to the closing table. When you look at

428
00:18:42,600 --> 00:18:46,520
Speaker 4: those numbers, they're gonna deliver every single time in the championship.

429
00:18:47,200 --> 00:18:50,919
Speaker 1: The inspiration from others drives us forward. Their resilience pushes

430
00:18:51,040 --> 00:18:54,560
Speaker 1: us to excel, and their path navigates the way towards freedom.

431
00:18:55,160 --> 00:18:58,879
Speaker 1: Ford is proud to celebrate Black History, not just this month,

432
00:18:59,080 --> 00:19:01,919
Speaker 1: but year round. They're committed to being the fuel for

433
00:19:02,040 --> 00:19:07,080
Speaker 1: change supporting Ford Fund program centered around economic, educational, and

434
00:19:07,119 --> 00:19:11,040
Speaker 1: empowerment opportunities for our communities to continue creating the future.

435
00:19:11,720 --> 00:19:15,760
Speaker 1: Learn more at fordfund dot org. Build Ford Proud.

436
00:19:16,440 --> 00:19:18,959
Speaker 4: Like you won't find anybody better. You won't find just

437
00:19:19,000 --> 00:19:21,080
Speaker 4: you won't find better numbers ever. And it's the same

438
00:19:21,080 --> 00:19:23,000
Speaker 4: thing like I say with Brady and Jordan, know they

439
00:19:23,119 --> 00:19:25,240
Speaker 4: not the most anything, but.

440
00:19:25,200 --> 00:19:27,159
Speaker 3: They just the best and they delivering a clutch when

441
00:19:27,200 --> 00:19:27,720
Speaker 3: it's time too.

442
00:19:27,800 --> 00:19:30,040
Speaker 2: So the steps all right, so you gotta go to

443
00:19:30,080 --> 00:19:33,720
Speaker 2: the seminar. Yep, that's like an all day thing, three

444
00:19:33,760 --> 00:19:35,600
Speaker 2: four hours and they edited what do they teach you

445
00:19:35,600 --> 00:19:36,080
Speaker 2: on the seminar?

446
00:19:36,400 --> 00:19:38,879
Speaker 4: They don't teach you anything. They just tell you about

447
00:19:38,920 --> 00:19:41,360
Speaker 4: the program, you know, like the benefits of the program,

448
00:19:41,359 --> 00:19:43,360
Speaker 4: like I say, the rules and different things like that.

449
00:19:43,440 --> 00:19:45,520
Speaker 4: Naka doesn't teach you real estate, so like if you

450
00:19:45,560 --> 00:19:48,240
Speaker 4: don't know real estate, you probably have to go learn real.

451
00:19:48,160 --> 00:19:49,960
Speaker 3: Estate and then go through the program.

452
00:19:49,960 --> 00:19:52,560
Speaker 4: Because I tell people this all the time, no matter

453
00:19:52,600 --> 00:19:55,280
Speaker 4: what program you're going through, if you're going to buy property,

454
00:19:55,359 --> 00:19:57,399
Speaker 4: have some knowledge because if you don't, you're at that

455
00:19:57,480 --> 00:20:01,119
Speaker 4: point leaving your agent, your whoever to kind of like

456
00:20:01,200 --> 00:20:03,320
Speaker 4: hijack your deal and lead you wherever it is you

457
00:20:03,359 --> 00:20:05,240
Speaker 4: want to go, as opposed to you quarterback in your

458
00:20:05,280 --> 00:20:07,800
Speaker 4: own deal. So have some knowledge and some information on

459
00:20:07,840 --> 00:20:09,600
Speaker 4: this stuff. So when you go in, you can kind

460
00:20:09,600 --> 00:20:11,199
Speaker 4: of tell your agent, hey, look, I'm looking for a

461
00:20:11,280 --> 00:20:14,000
Speaker 4: multi unit property undervalue that has people living in and

462
00:20:14,040 --> 00:20:16,800
Speaker 4: already cash flow. You can tell the lender, hey, look

463
00:20:16,960 --> 00:20:19,639
Speaker 4: i'm qualifying. I'm going to apply for a multi unit property,

464
00:20:19,680 --> 00:20:22,040
Speaker 4: So don't just qualify me based on my income. I'll

465
00:20:22,119 --> 00:20:24,440
Speaker 4: let you know how much the income the building is generating.

466
00:20:24,440 --> 00:20:25,920
Speaker 3: You know what I'm saying. Like, you work with these.

467
00:20:25,720 --> 00:20:27,480
Speaker 4: People and tell them what it is that you're looking

468
00:20:27,520 --> 00:20:29,760
Speaker 4: for so they can put the play together for you.

469
00:20:29,760 --> 00:20:30,440
Speaker 3: You know what I'm saying.

470
00:20:30,480 --> 00:20:32,800
Speaker 4: But if you don't know anything and you're just depending

471
00:20:32,800 --> 00:20:34,959
Speaker 4: on these people to do the work for you, you're not

472
00:20:34,960 --> 00:20:37,040
Speaker 4: going to get anything done because that's not their job.

473
00:20:37,600 --> 00:20:39,639
Speaker 1: So that that's one of the things, right, So you

474
00:20:39,680 --> 00:20:41,399
Speaker 1: have to have to do your due diligence before you

475
00:20:41,440 --> 00:20:44,080
Speaker 1: go in anything, and you have to have your profile

476
00:20:44,200 --> 00:20:44,959
Speaker 1: ready before you go.

477
00:20:45,280 --> 00:20:47,679
Speaker 2: Well, I want to just ask what the profile? So

478
00:20:48,359 --> 00:20:51,679
Speaker 2: all right, so you go through the seminar two hours,

479
00:20:52,000 --> 00:20:55,080
Speaker 2: then you meet with a counselor, and that's like an hour.

480
00:20:54,960 --> 00:20:58,119
Speaker 4: And that's not the counselor meeting depends on you know,

481
00:20:58,320 --> 00:21:00,520
Speaker 4: how much of your stuff you got together or not.

482
00:21:00,560 --> 00:21:01,960
Speaker 4: So when you meet with your counsel that's on the

483
00:21:02,040 --> 00:21:03,920
Speaker 4: thorough you know what I mean. Do diligence. Start with them.

484
00:21:04,040 --> 00:21:06,840
Speaker 3: Background check, you know, bank statement check. Man, give us

485
00:21:06,840 --> 00:21:09,080
Speaker 3: your two years tech history, give us your two years.

486
00:21:08,880 --> 00:21:10,800
Speaker 4: You know what I mean, work history, you know, just

487
00:21:10,800 --> 00:21:13,000
Speaker 4: like give us your like history of like you know,

488
00:21:13,000 --> 00:21:15,080
Speaker 4: where you've lived for the past ten years, like things

489
00:21:15,160 --> 00:21:17,959
Speaker 4: like that that they ask you. And some people can

490
00:21:18,000 --> 00:21:20,040
Speaker 4: get frustrated with it because a lot of times we

491
00:21:20,119 --> 00:21:22,240
Speaker 4: tend to have the mindset of man, I don't want

492
00:21:22,240 --> 00:21:24,320
Speaker 4: nobody in my business. But it's like, bro, like I said,

493
00:21:24,320 --> 00:21:26,960
Speaker 4: you're going to borrow hundreds of thousands of dollars from

494
00:21:27,000 --> 00:21:29,320
Speaker 4: these people, Like it's the bank. You need to have

495
00:21:29,359 --> 00:21:31,640
Speaker 4: a relationship with the bank. NAKA is funded by Bank

496
00:21:31,720 --> 00:21:33,920
Speaker 4: of America, So it's no different than going to Bank

497
00:21:33,960 --> 00:21:36,520
Speaker 4: of America, City bank whoever to go and get a loan.

498
00:21:36,600 --> 00:21:38,719
Speaker 4: There are gonna be certain things that are required and

499
00:21:39,280 --> 00:21:42,760
Speaker 4: if you're doing anything fraud or scammy or anything like that,

500
00:21:42,840 --> 00:21:44,600
Speaker 4: of course you don't want nobody and your business. But

501
00:21:44,680 --> 00:21:46,680
Speaker 4: if you legit man, get these people what they're asking

502
00:21:46,720 --> 00:21:48,560
Speaker 4: for because they're essentially about to change your life.

503
00:21:48,920 --> 00:21:50,840
Speaker 1: That person that you meet, let's say you've done those

504
00:21:50,840 --> 00:21:52,440
Speaker 1: first two steps and you know you sick with that person.

505
00:21:52,480 --> 00:21:54,520
Speaker 1: If that person stay with you through the process or

506
00:21:54,560 --> 00:21:55,919
Speaker 1: you pass the person.

507
00:21:55,680 --> 00:21:57,960
Speaker 4: Your mortgage counsel is with you throughout the whole process.

508
00:21:58,000 --> 00:21:59,800
Speaker 4: That's who you work with. And if there's a time

509
00:22:00,040 --> 00:22:02,240
Speaker 4: where you know you and your mortgage counselor not getting

510
00:22:02,240 --> 00:22:04,400
Speaker 4: the loan, they may not be responsive enough. You can

511
00:22:04,560 --> 00:22:07,040
Speaker 4: request to change your mortgage counselor like you have all

512
00:22:07,080 --> 00:22:09,640
Speaker 4: of those different options to pretty much like I say,

513
00:22:09,760 --> 00:22:12,199
Speaker 4: quarterback your own deal, which is what I did. And

514
00:22:12,240 --> 00:22:14,960
Speaker 4: like I told y'all, it's not the easiest process because

515
00:22:15,000 --> 00:22:17,320
Speaker 4: there are gonna be times where they may not get

516
00:22:17,320 --> 00:22:19,040
Speaker 4: back to you. They may not call back. Like bro,

517
00:22:19,080 --> 00:22:20,639
Speaker 4: I was pulling up to the office like you know

518
00:22:20,680 --> 00:22:22,280
Speaker 4: what I'm saying, like what's up? Like I sent y'all

519
00:22:22,359 --> 00:22:24,399
Speaker 4: my documents. I did everything that I'm supposed to do,

520
00:22:24,480 --> 00:22:26,800
Speaker 4: Like now what's the next steps? And you know they

521
00:22:26,840 --> 00:22:28,640
Speaker 4: would go review the five like you know what mister Ham,

522
00:22:28,720 --> 00:22:30,159
Speaker 4: is you right, I'm sorry, let me go in and

523
00:22:30,160 --> 00:22:31,440
Speaker 4: you know what I mean, push you through or whatever

524
00:22:31,440 --> 00:22:33,600
Speaker 4: the case may be. But if you're not proactive in

525
00:22:33,680 --> 00:22:36,560
Speaker 4: your own situation, nobody's gonna do it for you.

526
00:22:36,800 --> 00:22:38,320
Speaker 3: And I think most times.

527
00:22:38,000 --> 00:22:40,119
Speaker 4: People are used to or I don't know what they

528
00:22:40,200 --> 00:22:41,879
Speaker 4: used to, because you can't be used to anything if

529
00:22:41,920 --> 00:22:43,520
Speaker 4: you've never bought a property, so you don't even know

530
00:22:43,520 --> 00:22:44,600
Speaker 4: the mortgage process.

531
00:22:44,720 --> 00:22:45,280
Speaker 3: So for you to.

532
00:22:45,280 --> 00:22:47,800
Speaker 4: Complain about somebody not reaching out to you or following

533
00:22:47,880 --> 00:22:49,320
Speaker 4: up with you, that's not.

534
00:22:49,240 --> 00:22:51,600
Speaker 3: Necessarily your job. It's your job to follow up.

535
00:22:51,640 --> 00:22:54,040
Speaker 4: It's your job to send it in documentation, it's your job

536
00:22:54,119 --> 00:22:55,840
Speaker 4: to go to the office, like with anything.

537
00:22:55,920 --> 00:22:58,439
Speaker 3: That's what I learned, Like, man, I have to be

538
00:22:58,560 --> 00:22:59,320
Speaker 3: the person.

539
00:22:59,040 --> 00:23:01,840
Speaker 4: That's kind of like, you know, controlling a quarterback of

540
00:23:01,840 --> 00:23:02,720
Speaker 4: my own situation.

541
00:23:02,840 --> 00:23:05,080
Speaker 3: Otherwise people it's not important to us.

542
00:23:05,119 --> 00:23:08,680
Speaker 2: And also it's like like you said, you don't even

543
00:23:08,720 --> 00:23:10,920
Speaker 2: know if you haven't been through the process. And even

544
00:23:11,080 --> 00:23:13,840
Speaker 2: on a higher level, So we we're building the homes

545
00:23:14,480 --> 00:23:19,280
Speaker 2: and you know, these are million dollar houses, and we

546
00:23:19,320 --> 00:23:21,639
Speaker 2: had to go through a bunch of red tape and

547
00:23:21,840 --> 00:23:24,320
Speaker 2: send stuff and then the stuff they asked for the

548
00:23:24,320 --> 00:23:26,679
Speaker 2: stuff that we just sent, and it's like it's a

549
00:23:26,680 --> 00:23:29,159
Speaker 2: headache and it's a hassle, and it's like, you know,

550
00:23:29,200 --> 00:23:32,159
Speaker 2: it's not the most efficient buying a home without the

551
00:23:32,160 --> 00:23:33,480
Speaker 2: most efficient process. Period.

552
00:23:33,520 --> 00:23:35,360
Speaker 3: I love that you just said that because people don't.

553
00:23:35,400 --> 00:23:38,240
Speaker 4: People think it's just knacker, like everybody gonna ask you

554
00:23:38,280 --> 00:23:40,480
Speaker 4: the double send documents, and it's not. This is the

555
00:23:40,520 --> 00:23:43,240
Speaker 4: mortgage process, this is the home playing process. And y'all

556
00:23:43,240 --> 00:23:45,639
Speaker 4: don't y'all ain't never bought shit, so you don't know.

557
00:23:45,800 --> 00:23:48,840
Speaker 4: So you just complaining what you think you should be getting,

558
00:23:49,000 --> 00:23:50,800
Speaker 4: just entitlement, be beating your ass whole time.

559
00:23:50,840 --> 00:23:52,320
Speaker 3: Let's just call it what it is, beating.

560
00:23:52,560 --> 00:23:54,800
Speaker 1: That's what we said. It's one thousand, right, that's the

561
00:23:54,800 --> 00:23:56,359
Speaker 1: first part even getting a home. But now we, like

562
00:23:56,359 --> 00:23:58,240
Speaker 1: I said, we're buildings, so now we're deale with permits,

563
00:23:58,600 --> 00:23:59,880
Speaker 1: and that's a whole other process.

564
00:24:00,119 --> 00:24:02,199
Speaker 4: You gotta go through inspections and stuff that might not

565
00:24:02,240 --> 00:24:04,680
Speaker 4: approve certain stuff. It's just like, man, oh the time

566
00:24:04,800 --> 00:24:08,280
Speaker 4: and a patience thing. And again, no, even in sports,

567
00:24:08,440 --> 00:24:11,359
Speaker 4: you're when you're dealing with hundreds of thousands, millions of dollars,

568
00:24:11,560 --> 00:24:12,919
Speaker 4: These things take time.

569
00:24:13,440 --> 00:24:14,600
Speaker 3: These things take time.

570
00:24:14,760 --> 00:24:17,600
Speaker 4: And most times when you hear, like I say, about

571
00:24:17,760 --> 00:24:20,440
Speaker 4: somebody getting offered like a big contract, you hear about

572
00:24:20,440 --> 00:24:22,880
Speaker 4: them turning the contract down or just not working out

573
00:24:23,000 --> 00:24:24,080
Speaker 4: or the deal going bad.

574
00:24:24,119 --> 00:24:26,720
Speaker 3: Like this is business. This is just how business works.

575
00:24:26,760 --> 00:24:28,800
Speaker 4: Like I said, there are times when you can do

576
00:24:28,920 --> 00:24:31,360
Speaker 4: everything right and stuff just still won't go your way,

577
00:24:31,440 --> 00:24:32,919
Speaker 4: like it just and then what do you do? Like

578
00:24:32,960 --> 00:24:34,520
Speaker 4: you have to get back on the ground. You gotta

579
00:24:34,560 --> 00:24:36,359
Speaker 4: get back to it. You can't let it discourage you.

580
00:24:36,680 --> 00:24:41,040
Speaker 4: And a lot of times people get emotional about these things.

581
00:24:41,040 --> 00:24:43,240
Speaker 4: That's why you hear so much slander because like now

582
00:24:43,280 --> 00:24:45,240
Speaker 4: you're mad, Oh Nakaa.

583
00:24:44,920 --> 00:24:46,000
Speaker 3: Did this to you and not Couna did.

584
00:24:46,040 --> 00:24:48,480
Speaker 4: That's no, you just quit, like you know what I'm saying,

585
00:24:48,480 --> 00:24:50,680
Speaker 4: You quit the process essentially, because if you would have

586
00:24:50,720 --> 00:24:53,240
Speaker 4: stayed down, you would have came up. Because that's what

587
00:24:53,320 --> 00:24:56,320
Speaker 4: I did, and that's what my ex did, and that's

588
00:24:56,359 --> 00:24:58,399
Speaker 4: what my you know what I mean friends did. Like

589
00:24:58,400 --> 00:25:01,200
Speaker 4: that's what I've helped so many people this program who listen.

590
00:25:01,400 --> 00:25:03,240
Speaker 4: But it's this it's a mindset thing, you know what

591
00:25:03,240 --> 00:25:05,120
Speaker 4: I'm saying. Most people don't have their mindset in order,

592
00:25:05,160 --> 00:25:07,560
Speaker 4: Like I say, it's entitlement. You feel like you owed something.

593
00:25:07,600 --> 00:25:09,600
Speaker 4: It's like, nah, man, you got to go earn everything

594
00:25:09,600 --> 00:25:12,160
Speaker 4: that you need that you got out here, from property

595
00:25:12,320 --> 00:25:15,680
Speaker 4: to business customers, Like you have to go and earn

596
00:25:15,800 --> 00:25:17,360
Speaker 4: these things. You have to go and show and prove.

597
00:25:17,440 --> 00:25:19,439
Speaker 4: You have to like do what you need to do

598
00:25:19,560 --> 00:25:21,920
Speaker 4: in order to make things happen. And most people operate

599
00:25:21,960 --> 00:25:24,000
Speaker 4: in the space of instant gratification. And I think the

600
00:25:24,000 --> 00:25:25,960
Speaker 4: Internet has a lot to do with that because you

601
00:25:26,000 --> 00:25:28,960
Speaker 4: see people doing so well, and you see people accomplishing things,

602
00:25:29,119 --> 00:25:31,720
Speaker 4: and you see more of the celebratory moments online. You

603
00:25:31,720 --> 00:25:34,880
Speaker 4: don't see the hard, behind the scenes grind that it took.

604
00:25:34,960 --> 00:25:35,760
Speaker 3: You don't see.

605
00:25:35,560 --> 00:25:38,280
Speaker 4: The offers that I put in and you know what

606
00:25:38,280 --> 00:25:40,480
Speaker 4: I mean, got turned down or got beat out by

607
00:25:40,600 --> 00:25:43,040
Speaker 4: cash offers. You didn't see the time we're almost lost

608
00:25:43,080 --> 00:25:45,720
Speaker 4: ten thousand dollars in earn this money because you know

609
00:25:45,720 --> 00:25:49,479
Speaker 4: what I mean, the contractors didn't do what they were

610
00:25:49,480 --> 00:25:51,480
Speaker 4: supposed to do and give me the proper estimates. Just

611
00:25:51,520 --> 00:25:53,359
Speaker 4: like it's a lot of things behind the scenes that

612
00:25:53,400 --> 00:25:57,040
Speaker 4: people just don't know. And practicing patience and understanding how

613
00:25:57,040 --> 00:26:00,439
Speaker 4: this process goes will make your life and just your

614
00:26:00,520 --> 00:26:03,159
Speaker 4: process way easier when it comes to stuff and just

615
00:26:03,200 --> 00:26:05,920
Speaker 4: a lot less stressful because it's like, it's not easy.

616
00:26:05,920 --> 00:26:08,960
Speaker 4: It's a super stressful process, regardless of whether it's Naka

617
00:26:09,200 --> 00:26:12,240
Speaker 4: Faha conventional. It's a it's a process, man, And I

618
00:26:12,280 --> 00:26:13,600
Speaker 4: don't think people understand.

619
00:26:13,240 --> 00:26:14,840
Speaker 1: They gotta be ready for the long run. You said

620
00:26:14,840 --> 00:26:17,240
Speaker 1: when you spoke to your friend who recommended Knaka to you,

621
00:26:17,600 --> 00:26:20,000
Speaker 1: that you had ten thousand dollars, and so a lot

622
00:26:20,000 --> 00:26:22,080
Speaker 1: of times when people here Knaka and they had no

623
00:26:22,119 --> 00:26:24,680
Speaker 1: doubt payment, they think, oh, you need no money. That's

624
00:26:24,720 --> 00:26:26,959
Speaker 1: not just like that's like one of these misconceptions like, oh,

625
00:26:27,000 --> 00:26:29,320
Speaker 1: it's no money down, My credit can be six twenty,

626
00:26:29,680 --> 00:26:31,960
Speaker 1: but you need you need money to be in a program.

627
00:26:32,080 --> 00:26:36,080
Speaker 3: I mean any any any mortgage that you're gonna get.

628
00:26:36,119 --> 00:26:39,200
Speaker 4: You're going to have things you have to pay for, taxes, insurance,

629
00:26:39,359 --> 00:26:41,479
Speaker 4: like all of those kind of things. In addition to that,

630
00:26:41,840 --> 00:26:44,680
Speaker 4: Naka wants you to have a specific amount of money

631
00:26:44,680 --> 00:26:47,000
Speaker 4: saved up. Me I personally try to tell people save

632
00:26:47,040 --> 00:26:49,399
Speaker 4: about three and a half percent of the loan amount

633
00:26:49,480 --> 00:26:51,840
Speaker 4: that you're looking for, because that covers your taxes, insurance,

634
00:26:52,200 --> 00:26:53,960
Speaker 4: and it should cover you know what, I mean the

635
00:26:55,080 --> 00:26:57,080
Speaker 4: cushion of a few months that they require you to

636
00:26:57,160 --> 00:26:59,359
Speaker 4: have as well, because what they don't want to happen

637
00:26:59,440 --> 00:27:01,280
Speaker 4: is for you to be house rich and cash poor

638
00:27:01,560 --> 00:27:04,240
Speaker 4: because a lot of times what tends to happen to

639
00:27:04,240 --> 00:27:07,119
Speaker 4: people is they'll, you know, pay their down payment fees.

640
00:27:07,200 --> 00:27:09,240
Speaker 4: All of those different things you done came out of

641
00:27:09,280 --> 00:27:11,560
Speaker 4: twenty twenty five thousand dollars or whatever the case. Merk,

642
00:27:12,240 --> 00:27:15,760
Speaker 4: You've just spent thirty years of your life saving this money.

643
00:27:15,880 --> 00:27:18,480
Speaker 4: Now you just gave it away. Now you have this house,

644
00:27:18,720 --> 00:27:21,000
Speaker 4: and when something goes wrong with this house a roof issue,

645
00:27:21,000 --> 00:27:23,119
Speaker 4: a plumbing issue, you don't you can't fix it. You

646
00:27:23,119 --> 00:27:25,960
Speaker 4: don't have the money to fix it, and they don't

647
00:27:25,960 --> 00:27:27,640
Speaker 4: want you to do that. So they set you up

648
00:27:27,680 --> 00:27:30,040
Speaker 4: to whereas you have money, they set you up to

649
00:27:30,080 --> 00:27:32,040
Speaker 4: whereas if you go get a multi unit, you got

650
00:27:32,080 --> 00:27:33,960
Speaker 4: cash flow coming in because they make sure the numbers

651
00:27:33,960 --> 00:27:36,240
Speaker 4: fall right all of those different things. And this is

652
00:27:36,280 --> 00:27:38,439
Speaker 4: why I love them, because they protected me throughout the

653
00:27:38,480 --> 00:27:41,359
Speaker 4: whole process. There were times where contractors tried to do

654
00:27:41,400 --> 00:27:43,360
Speaker 4: food food shit, they're just different stuff, and that could

655
00:27:43,440 --> 00:27:45,560
Speaker 4: just like ran interference on all that, Like, nah, we're

656
00:27:45,560 --> 00:27:47,960
Speaker 4: not going for that at times, like somebody try to

657
00:27:48,000 --> 00:27:50,399
Speaker 4: sell you a four unit building but the building is

658
00:27:50,400 --> 00:27:52,280
Speaker 4: on his own for three units in the garden.

659
00:27:52,080 --> 00:27:54,680
Speaker 3: Unit or the basement unit would be like illegal.

660
00:27:54,800 --> 00:27:56,480
Speaker 4: But knaka, well, you know they gonna go do their

661
00:27:56,560 --> 00:27:59,000
Speaker 4: due diligence and you know what I mean, like check

662
00:27:59,280 --> 00:28:00,920
Speaker 4: you know, city record because and all that make sure

663
00:28:01,000 --> 00:28:03,159
Speaker 4: all of this stuff is owned and approved correctly, and

664
00:28:03,240 --> 00:28:04,400
Speaker 4: a lot of times like it don't.

665
00:28:04,400 --> 00:28:06,120
Speaker 3: And they protect you from all that stuff.

666
00:28:06,040 --> 00:28:08,240
Speaker 1: Even in your own personal right, Like I was reading that.

667
00:28:08,280 --> 00:28:11,679
Speaker 1: They'll check your patterns, right, They'll check your rent patterns,

668
00:28:11,680 --> 00:28:14,200
Speaker 1: they'll check your savings patterns. So it's not like hey,

669
00:28:14,440 --> 00:28:16,600
Speaker 1: they look at how much you were paying, how much

670
00:28:16,760 --> 00:28:19,040
Speaker 1: you make, and they'll say, well, that money could be saved.

671
00:28:19,400 --> 00:28:23,479
Speaker 1: So having that as an important system makes sense, right

672
00:28:23,480 --> 00:28:24,919
Speaker 1: because it's like you don't want to make sure, like

673
00:28:24,920 --> 00:28:27,000
Speaker 1: you don't want to have it where I say five hundred,

674
00:28:27,040 --> 00:28:28,680
Speaker 1: then I saved nothing for three months and I put

675
00:28:28,680 --> 00:28:32,520
Speaker 1: three thousand. They're watching that to make sure that they can.

676
00:28:32,560 --> 00:28:34,880
Speaker 4: Making sure you got good good money spend like good

677
00:28:34,920 --> 00:28:38,000
Speaker 4: money habits like and this is and it's not bad,

678
00:28:38,200 --> 00:28:39,880
Speaker 4: like you should want to have good money happen. You

679
00:28:39,880 --> 00:28:42,200
Speaker 4: should appreciate this kind of training, like, Okay, I need

680
00:28:42,240 --> 00:28:44,960
Speaker 4: this because I've been not disciplined for the longest amount

681
00:28:44,960 --> 00:28:47,240
Speaker 4: of time and now I have somebody challenging me to

682
00:28:47,280 --> 00:28:47,560
Speaker 4: do better.

683
00:28:47,600 --> 00:28:48,480
Speaker 3: Why wouldn't you want that?

684
00:28:48,840 --> 00:28:51,360
Speaker 2: So they approve you for you come with your information,

685
00:28:51,400 --> 00:28:52,880
Speaker 2: Da da da. They put it in the system and

686
00:28:52,880 --> 00:28:56,080
Speaker 2: they say, Okay, you're based off of what we think

687
00:28:56,200 --> 00:28:58,560
Speaker 2: you can get a two hundred thousand dollars more.

688
00:28:58,840 --> 00:29:00,600
Speaker 4: If you're going for a single family home, yes, but

689
00:29:00,600 --> 00:29:02,800
Speaker 4: that's not how it works with multi units. Okay, with

690
00:29:02,920 --> 00:29:06,040
Speaker 4: multi units, how it works is even with NAKA, so

691
00:29:06,400 --> 00:29:08,640
Speaker 4: they have limits. So with a single family home, which

692
00:29:08,680 --> 00:29:10,840
Speaker 4: is these are examples, it depends on what area you're in.

693
00:29:10,880 --> 00:29:12,760
Speaker 4: They'll give you a max. So let's say a single

694
00:29:12,760 --> 00:29:14,480
Speaker 4: family home, they might give you a max two hundred

695
00:29:14,520 --> 00:29:16,200
Speaker 4: thousand two unit. They might give you a max a

696
00:29:16,240 --> 00:29:18,120
Speaker 4: three fifty three unit. They might give you a max

697
00:29:18,120 --> 00:29:20,160
Speaker 4: a six hundred on a four unit, they'll give you

698
00:29:20,160 --> 00:29:21,880
Speaker 4: a max of like nine hundred and nine to fifty

699
00:29:21,960 --> 00:29:24,840
Speaker 4: or something like that. So for me, I'm like, why

700
00:29:24,920 --> 00:29:26,840
Speaker 4: not max out and go crazy? If I'm trying to

701
00:29:26,840 --> 00:29:29,160
Speaker 4: go get me a rental property, I'm gonna get four units.

702
00:29:29,200 --> 00:29:30,840
Speaker 4: The four units are gonna make sure I have a

703
00:29:30,840 --> 00:29:32,600
Speaker 4: place to live for free. Is gonna make sure my

704
00:29:33,120 --> 00:29:35,360
Speaker 4: mortgage is paid on top of steel having some money

705
00:29:35,400 --> 00:29:36,880
Speaker 4: at the end of the month's cash flow.

706
00:29:37,160 --> 00:29:38,120
Speaker 3: So I'm gonna do that.

707
00:29:38,360 --> 00:29:39,880
Speaker 4: On top of that, it's going to allow me to

708
00:29:39,920 --> 00:29:42,040
Speaker 4: go for a bigger mortgage, which is gonna put me

709
00:29:42,080 --> 00:29:44,960
Speaker 4: in a nicer neighborhood, you know what I'm saying. In

710
00:29:45,000 --> 00:29:47,320
Speaker 4: addition to that, if I go find a four unit

711
00:29:47,360 --> 00:29:49,840
Speaker 4: in a nice neighborhood, that means the rents are gonna

712
00:29:49,840 --> 00:29:52,120
Speaker 4: be high. You know what I mean, because that's just

713
00:29:52,120 --> 00:29:53,760
Speaker 4: what it is. When you live in nice neighborhoods, you

714
00:29:53,760 --> 00:29:56,960
Speaker 4: got higher rents and apartments are nice. So how KNAKA

715
00:29:57,080 --> 00:29:59,960
Speaker 4: qualifies you or lenders qualify you in general for multi

716
00:30:00,120 --> 00:30:03,360
Speaker 4: units is totally different than they do for single family homes.

717
00:30:03,520 --> 00:30:06,800
Speaker 4: A single family home, you're qualified strictly using your income.

718
00:30:07,080 --> 00:30:09,800
Speaker 4: When it comes to multifamilies, and this is why I

719
00:30:09,800 --> 00:30:12,240
Speaker 4: tell people, go find you a multifamily that has people

720
00:30:12,240 --> 00:30:14,600
Speaker 4: living in it already, because what they do is they'll

721
00:30:14,600 --> 00:30:17,480
Speaker 4: take seventy five percent of the income that the property

722
00:30:17,520 --> 00:30:20,840
Speaker 4: is generating already added to yours, and that is what

723
00:30:20,920 --> 00:30:23,560
Speaker 4: makes the property more than affordable. For example, this is

724
00:30:23,560 --> 00:30:25,520
Speaker 4: what I like to tell people. So let's say you

725
00:30:25,600 --> 00:30:28,000
Speaker 4: make two thousand dollars a month at your job, right,

726
00:30:28,320 --> 00:30:30,120
Speaker 4: and the mortgage on this property you're looking at is

727
00:30:30,160 --> 00:30:32,239
Speaker 4: three thousand dollars. Of course you can afford it. You're

728
00:30:32,240 --> 00:30:34,600
Speaker 4: a thousand dollars short. But let's say the property that

729
00:30:34,640 --> 00:30:37,400
Speaker 4: you're looking at also generates four thousand dollars a month

730
00:30:37,480 --> 00:30:41,040
Speaker 4: in rent. They'll take three thousand dollars of dot add

731
00:30:41,040 --> 00:30:42,080
Speaker 4: it to your two thousand.

732
00:30:42,280 --> 00:30:45,120
Speaker 3: Now that's five thousand. Subtract three thousand from that.

733
00:30:45,280 --> 00:30:47,280
Speaker 4: Now you have two thousand dollars left over at the

734
00:30:47,320 --> 00:30:49,480
Speaker 4: end of the month, which makes this property way more

735
00:30:49,520 --> 00:30:52,360
Speaker 4: than affordable. On top of they only use seventy five

736
00:30:52,360 --> 00:30:54,440
Speaker 4: percent of the rent, they're still twenty five percent. That's

737
00:30:54,440 --> 00:30:57,480
Speaker 4: still there. You get what I'm saying to you. So like,

738
00:30:57,640 --> 00:31:00,360
Speaker 4: that's that's how the multi unit math works. And people

739
00:31:00,360 --> 00:31:01,880
Speaker 4: don't understand that, and they're like.

740
00:31:01,920 --> 00:31:04,360
Speaker 3: I can't afford a multi unit. It's so expensive. How

741
00:31:04,400 --> 00:31:05,560
Speaker 3: do you afford a multi unit?

742
00:31:05,600 --> 00:31:07,560
Speaker 4: And you're making twenty six thousand dollars a year because

743
00:31:07,600 --> 00:31:09,840
Speaker 4: I understand how multi unit math works. And I went

744
00:31:09,880 --> 00:31:12,000
Speaker 4: and found me property that had high rents and cash

745
00:31:12,040 --> 00:31:14,680
Speaker 4: flowing already, and all I have to do is pretty

746
00:31:14,720 --> 00:31:16,480
Speaker 4: much sign a paperwork and move in.

747
00:31:17,200 --> 00:31:20,360
Speaker 1: So you found the property yourself. Didn't apply for the program, right,

748
00:31:20,400 --> 00:31:22,240
Speaker 1: So does it when you apply for it? Does it

749
00:31:22,280 --> 00:31:24,960
Speaker 1: have to be primary residents? How does that work?

750
00:31:25,000 --> 00:31:25,200
Speaker 3: Yeah?

751
00:31:25,200 --> 00:31:27,680
Speaker 4: So you do have to live in a property for

752
00:31:27,720 --> 00:31:29,640
Speaker 4: the life of the loan, But NAKA has a five

753
00:31:29,720 --> 00:31:33,160
Speaker 4: year leaning on a property because they're not designed to,

754
00:31:33,480 --> 00:31:36,160
Speaker 4: you know, create investors. They're designed to balance our neighborhood.

755
00:31:36,160 --> 00:31:38,120
Speaker 4: So they want you to live in a property and

756
00:31:38,560 --> 00:31:40,640
Speaker 4: for the first five years you have a twenty five

757
00:31:40,720 --> 00:31:43,240
Speaker 4: k lian on it. Every year drops off five thousand dollars.

758
00:31:43,280 --> 00:31:45,600
Speaker 4: So after the fifth year you probably like clean and

759
00:31:45,760 --> 00:31:47,440
Speaker 4: free to go do whatever you need to do, whether

760
00:31:47,480 --> 00:31:50,000
Speaker 4: it be refinanced or whatever the case may be. And

761
00:31:50,480 --> 00:31:52,080
Speaker 4: at this point, my first one, I've been in it

762
00:31:52,160 --> 00:31:54,080
Speaker 4: for eight years. The second one it's been five years.

763
00:31:54,080 --> 00:31:55,480
Speaker 4: So now I'm kind of like free and clear to

764
00:31:55,520 --> 00:31:57,400
Speaker 4: knackoling and I can kind of go move around how

765
00:31:57,440 --> 00:32:01,440
Speaker 4: I want to. But it's just like I'm set up

766
00:32:01,520 --> 00:32:03,560
Speaker 4: to the point where now I can pull equity out

767
00:32:03,600 --> 00:32:05,840
Speaker 4: of my properties. NAKA set me up to the point

768
00:32:05,880 --> 00:32:10,000
Speaker 4: in the beginning on my first deal, we didn't even

769
00:32:10,040 --> 00:32:12,320
Speaker 4: talk about this yet, but my first deal was immaculate.

770
00:32:13,280 --> 00:32:16,200
Speaker 4: I got a four unit property I moved in, so

771
00:32:16,280 --> 00:32:19,040
Speaker 4: I lived for free. All three units you know what

772
00:32:19,040 --> 00:32:23,320
Speaker 4: I mean, were paying rent already. I didn't put any

773
00:32:23,360 --> 00:32:25,640
Speaker 4: money down. I walked away from the closing table with

774
00:32:25,720 --> 00:32:28,800
Speaker 4: a five thousand dollars check. That same day I got

775
00:32:28,840 --> 00:32:31,760
Speaker 4: paid from my job. In addition to I kept all

776
00:32:31,760 --> 00:32:33,600
Speaker 4: of my money because I was going through the process

777
00:32:33,640 --> 00:32:35,360
Speaker 4: and they required me to keep saving, so that ten

778
00:32:35,400 --> 00:32:38,480
Speaker 4: thousand turned into fifteen thousand. So I went from making

779
00:32:38,520 --> 00:32:41,600
Speaker 4: about twenty six thousand dollars a year at my job

780
00:32:41,880 --> 00:32:44,200
Speaker 4: to having twenty six thousand dollars in cash in my

781
00:32:44,240 --> 00:32:47,400
Speaker 4: account after my first deal, which allowed me to go

782
00:32:47,480 --> 00:32:49,680
Speaker 4: start investing in the stock market, you know what I mean,

783
00:32:49,880 --> 00:32:53,720
Speaker 4: doing more deals, traveling network and building business, meeting guys

784
00:32:53,760 --> 00:32:54,240
Speaker 4: like y'all.

785
00:32:54,640 --> 00:32:56,480
Speaker 3: And that just came from that first deal.

786
00:32:56,480 --> 00:32:58,120
Speaker 4: And this is why I try to encourage people to

787
00:32:58,120 --> 00:33:01,120
Speaker 4: go through NACA, because they set you up so beautifully.

788
00:33:01,240 --> 00:33:03,440
Speaker 4: After the deal, it's like, damn, I still got all

789
00:33:03,440 --> 00:33:05,440
Speaker 4: this money left the average person they out of what

790
00:33:05,600 --> 00:33:08,440
Speaker 4: ten fifteen, twenty thousand dollars on the deal with faha,

791
00:33:09,000 --> 00:33:11,400
Speaker 4: you know what I'm saying, Like, it's not that with NAKA. Yeah,

792
00:33:11,400 --> 00:33:13,160
Speaker 4: I had to spend Actually I didn't spend nothing, but

793
00:33:13,200 --> 00:33:14,560
Speaker 4: you may have to spend a little money, like I said,

794
00:33:14,560 --> 00:33:17,160
Speaker 4: your taxes, insurance and little stuff like that. But man,

795
00:33:17,200 --> 00:33:19,160
Speaker 4: it's nowhere near the same as what a convention to

796
00:33:19,200 --> 00:33:19,600
Speaker 4: a FHA.

797
00:33:19,720 --> 00:33:22,400
Speaker 2: Long, so let me ask you this. Okay, a few things.

798
00:33:22,600 --> 00:33:24,360
Speaker 2: You was making twenty six thousand dollars a year when

799
00:33:24,360 --> 00:33:27,720
Speaker 2: you first got the house after taxis yep, okay, so

800
00:33:28,360 --> 00:33:31,200
Speaker 2: knaka all right. So some people are going to say, like,

801
00:33:31,200 --> 00:33:33,560
Speaker 2: what's the catch here, right, because it's like, okay, you

802
00:33:33,600 --> 00:33:38,720
Speaker 2: can make whatever you your credit score. You don't have

803
00:33:38,760 --> 00:33:39,800
Speaker 2: to have good credit.

804
00:33:40,080 --> 00:33:41,800
Speaker 4: But you do so you don't have to have good credit,

805
00:33:41,840 --> 00:33:44,320
Speaker 4: but your DTI has to be good, your debt income

806
00:33:44,360 --> 00:33:46,560
Speaker 4: has to be good, and you can't have like collections,

807
00:33:46,600 --> 00:33:48,040
Speaker 4: you know, you can't like no T mobile BI or

808
00:33:48,080 --> 00:33:48,840
Speaker 4: none of that kind of stuff.

809
00:33:48,920 --> 00:33:50,840
Speaker 2: They look at your they look at your credit profile,

810
00:33:51,480 --> 00:33:54,800
Speaker 2: not just for exactly Okay, Okay, that's good to know

811
00:33:55,200 --> 00:34:00,160
Speaker 2: and there's no money down down right, So how how

812
00:34:00,160 --> 00:34:03,360
Speaker 2: are you preventing people from putting themselves in situations where

813
00:34:03,400 --> 00:34:06,520
Speaker 2: they just gonna set themselves up for failure teaching? You

814
00:34:06,520 --> 00:34:08,520
Speaker 2: know what I'm saying, naka Like how like that's why

815
00:34:08,520 --> 00:34:11,360
Speaker 2: they're structuring, like you have to have this amount, so

816
00:34:11,400 --> 00:34:11,920
Speaker 2: they make.

817
00:34:11,800 --> 00:34:14,239
Speaker 4: Sure they make sure you got that cushion saved, so

818
00:34:14,280 --> 00:34:16,200
Speaker 4: when you start off, you've got a nice chunk of

819
00:34:16,239 --> 00:34:17,880
Speaker 4: money to handle whatever it is that you need to

820
00:34:17,920 --> 00:34:19,600
Speaker 4: handle any issues that may come up.

821
00:34:19,520 --> 00:34:19,960
Speaker 1: Et cetera.

822
00:34:20,160 --> 00:34:22,520
Speaker 4: They also require you to take a landlord class before

823
00:34:22,560 --> 00:34:24,040
Speaker 4: you're going to buy a multi unit too, so you

824
00:34:24,040 --> 00:34:27,640
Speaker 4: can understand like the rules. Absolutely they make you go

825
00:34:27,680 --> 00:34:29,799
Speaker 4: take that class so you can understand the rules, the laws,

826
00:34:29,800 --> 00:34:32,000
Speaker 4: and the regulations your particular area and stuff like that,

827
00:34:32,040 --> 00:34:34,399
Speaker 4: so you're not doing nothing illegal, like you know, discrimination,

828
00:34:34,600 --> 00:34:35,680
Speaker 4: just any of that kind of stuff.

829
00:34:35,680 --> 00:34:37,319
Speaker 1: So when you're trying to do the saving right, So,

830
00:34:37,360 --> 00:34:38,880
Speaker 1: like what he said, if you got the twenty sixersand

831
00:34:38,880 --> 00:34:41,760
Speaker 1: and they're seeing your saving pattern, they're seeing your rep pattern.

832
00:34:42,040 --> 00:34:44,600
Speaker 1: Let's say that you're late on rent one month. You cooked,

833
00:34:45,239 --> 00:34:47,120
Speaker 1: so now you gotta if you head it toward the

834
00:34:47,120 --> 00:34:49,120
Speaker 1: front of the line. Now you're going to the back

835
00:34:49,120 --> 00:34:49,520
Speaker 1: of the line.

836
00:34:49,560 --> 00:34:51,440
Speaker 3: So how long is that?

837
00:34:51,440 --> 00:34:53,200
Speaker 1: That's the how long is the process that they're looking

838
00:34:53,239 --> 00:34:55,800
Speaker 1: over a six month span, nine month span, a year.

839
00:34:55,760 --> 00:34:57,959
Speaker 4: So they look at your rent payments over a year.

840
00:34:58,719 --> 00:35:00,960
Speaker 4: You know, they gonna get that infan from your landlord

841
00:35:01,040 --> 00:35:02,480
Speaker 4: or whatever the case may be, or whatever you if

842
00:35:02,480 --> 00:35:05,120
Speaker 4: you live with your parents, they'll get that from them.

843
00:35:05,360 --> 00:35:07,600
Speaker 3: But yeah, man, they do it for about a year

844
00:35:07,840 --> 00:35:09,480
Speaker 3: and they go back and check that information.

845
00:35:09,719 --> 00:35:13,640
Speaker 2: So you so all right, you bring the property to Naka.

846
00:35:13,840 --> 00:35:14,000
Speaker 3: No.

847
00:35:14,320 --> 00:35:16,640
Speaker 4: So when I went to Naka, I had a it's

848
00:35:16,880 --> 00:35:18,839
Speaker 4: it's the same process with everybody else.

849
00:35:18,920 --> 00:35:20,759
Speaker 3: I went and got me an agent. We went out.

850
00:35:20,800 --> 00:35:23,840
Speaker 3: I got approved agent Knacker No. I'll use it the

851
00:35:23,840 --> 00:35:24,440
Speaker 3: agent outside.

852
00:35:26,000 --> 00:35:28,279
Speaker 4: But Naka does have agents who like kind of like

853
00:35:28,360 --> 00:35:30,799
Speaker 4: know their process, so it's a little bit faster when

854
00:35:30,800 --> 00:35:33,040
Speaker 4: you have one of their agents. But I just had

855
00:35:33,040 --> 00:35:35,239
Speaker 4: my agent, you know, registered through the KNACKA and learn

856
00:35:35,320 --> 00:35:41,239
Speaker 4: whatever their process was. Because again, their staff is overworked.

857
00:35:41,920 --> 00:35:43,319
Speaker 4: Like I say, you got a lot of people going

858
00:35:43,360 --> 00:35:45,520
Speaker 4: through the program. So I didn't necessarily want to go

859
00:35:45,600 --> 00:35:47,840
Speaker 4: with an agent who I wouldn't be a priority with.

860
00:35:48,080 --> 00:35:49,959
Speaker 4: You know what, I'm saying, so I went and found

861
00:35:50,000 --> 00:35:51,799
Speaker 4: my own agent who made me a priority and we

862
00:35:51,880 --> 00:35:52,480
Speaker 4: made it happen.

863
00:35:52,680 --> 00:35:56,520
Speaker 1: Your own agent through the knacka program that had knowledge

864
00:35:56,520 --> 00:36:01,560
Speaker 1: of the So Knacker approves you for the mortgage and

865
00:36:01,600 --> 00:36:03,839
Speaker 1: then you you bring the property to them.

866
00:36:04,040 --> 00:36:07,719
Speaker 2: Yeah, is there ever? I've heard people pass it, Like

867
00:36:07,840 --> 00:36:11,280
Speaker 2: some sellers they don't want to sell to Knack of people.

868
00:36:12,200 --> 00:36:15,000
Speaker 4: So I think that's I think that's all about communication.

869
00:36:15,480 --> 00:36:17,439
Speaker 4: Every time my agent went in, he would let people

870
00:36:17,480 --> 00:36:20,160
Speaker 4: know like, hey, look, my guy's going through a program

871
00:36:20,160 --> 00:36:22,520
Speaker 4: called a Knacker program. They got this, this, this and this,

872
00:36:22,520 --> 00:36:24,400
Speaker 4: this is this. He's the first time home buyer. Is

873
00:36:24,400 --> 00:36:27,800
Speaker 4: great for them, and NAKA also has some benefits for

874
00:36:27,840 --> 00:36:28,440
Speaker 4: the seller as well.

875
00:36:28,440 --> 00:36:30,720
Speaker 3: They pay like the seller's title fees.

876
00:36:30,800 --> 00:36:32,520
Speaker 4: Like it's a couple of things that's beneficial for the

877
00:36:32,560 --> 00:36:35,000
Speaker 4: seller too, to make the seller want to like possibly

878
00:36:35,040 --> 00:36:36,360
Speaker 4: like you know what I mean, jump at that and

879
00:36:36,440 --> 00:36:38,880
Speaker 4: then too, like you just got to have a you know,

880
00:36:38,960 --> 00:36:41,200
Speaker 4: an agent that know how to work and for next deals.

881
00:36:41,239 --> 00:36:43,640
Speaker 4: Like my agent, he used the emotion card and everything.

882
00:36:43,680 --> 00:36:46,719
Speaker 3: He's like, listen, my guy, he's from this neighborhood, he

883
00:36:46,800 --> 00:36:48,919
Speaker 3: has kids. They love the area. They want to still

884
00:36:48,960 --> 00:36:50,600
Speaker 3: go to the schools all of that.

885
00:36:50,719 --> 00:36:53,560
Speaker 4: So, like when you have somebody who like been owning

886
00:36:53,560 --> 00:36:55,680
Speaker 4: their property for a long time and they care about it,

887
00:36:55,719 --> 00:36:57,200
Speaker 4: they don't want to just sell it to an investor

888
00:36:57,200 --> 00:36:58,319
Speaker 4: who going to come tear it down.

889
00:36:58,320 --> 00:36:59,360
Speaker 3: They actually want somebody.

890
00:36:59,400 --> 00:37:02,040
Speaker 4: So you gotta have like people on your team who

891
00:37:02,040 --> 00:37:04,440
Speaker 4: are savvy and witty and know how to like, you know, communication.

892
00:37:04,600 --> 00:37:06,680
Speaker 2: Well, I'm like today because that's something that not just

893
00:37:06,719 --> 00:37:10,040
Speaker 2: in real estate, but any part of business. There's still

894
00:37:10,040 --> 00:37:12,360
Speaker 2: an element, like I know, AI is taking over everything,

895
00:37:12,400 --> 00:37:16,360
Speaker 2: but there's still an element of human interaction absolutely, so

896
00:37:16,600 --> 00:37:19,960
Speaker 2: I know could turn into a yes if explained correctly,

897
00:37:20,440 --> 00:37:23,880
Speaker 2: if you bring somebody lunch. This is just this is

898
00:37:24,040 --> 00:37:25,600
Speaker 2: part of any type of business. Right.

899
00:37:25,640 --> 00:37:27,320
Speaker 4: Both of my deals worked out like that. On the

900
00:37:27,360 --> 00:37:29,720
Speaker 4: first one it was the emotion car. On a second

901
00:37:29,840 --> 00:37:31,480
Speaker 4: it was cause we were black. It was a Puerto

902
00:37:31,560 --> 00:37:33,839
Speaker 4: Rican guy in a Puerto Rican neighborhood. He said, too

903
00:37:33,880 --> 00:37:35,520
Speaker 4: many white people was coming in and trying to low

904
00:37:35,520 --> 00:37:37,480
Speaker 4: ball him. He was a developer, he knew his area,

905
00:37:37,480 --> 00:37:39,319
Speaker 4: he knew what was going on, but he ain't looked

906
00:37:39,320 --> 00:37:40,800
Speaker 4: like a rich god though, so they would try to

907
00:37:40,800 --> 00:37:41,600
Speaker 4: play with him.

908
00:37:41,800 --> 00:37:42,640
Speaker 3: Man we came in.

909
00:37:42,760 --> 00:37:44,720
Speaker 4: He was like, I will give y'all whatever y'all need

910
00:37:44,719 --> 00:37:46,919
Speaker 4: to close this deal. He gave us forty thousand dollars

911
00:37:46,960 --> 00:37:48,520
Speaker 4: in clothes and credits. You know what I'm saying, Like,

912
00:37:48,600 --> 00:37:52,000
Speaker 4: just like really looked out for us because representation mattered

913
00:37:52,040 --> 00:37:52,399
Speaker 4: to him.

914
00:37:52,440 --> 00:37:54,680
Speaker 3: He was like, they're already gentrifying this neighborhood.

915
00:37:54,680 --> 00:37:56,640
Speaker 4: It went from a Puerto Rican neighborhood, so now it's

916
00:37:56,680 --> 00:37:59,239
Speaker 4: mainly white and now I got two brown young people

917
00:37:59,280 --> 00:37:59,840
Speaker 4: trying to move in.

918
00:38:00,000 --> 00:38:01,160
Speaker 3: Hey, oh yeah, let's do the deal.

919
00:38:01,280 --> 00:38:01,759
Speaker 1: You know what I mean?

920
00:38:01,840 --> 00:38:04,200
Speaker 4: A lot of times certain things can plan your favor. Again,

921
00:38:04,560 --> 00:38:07,360
Speaker 4: it's all God's timing, man like. And for me, I

922
00:38:07,440 --> 00:38:10,040
Speaker 4: knew that Naka was the best thing for me in

923
00:38:10,040 --> 00:38:12,560
Speaker 4: my particular situation. I'm like, where else am I going

924
00:38:12,600 --> 00:38:16,000
Speaker 4: to be able to go and take advantage of properties

925
00:38:16,040 --> 00:38:18,200
Speaker 4: in these amazing neighborhoods.

926
00:38:17,520 --> 00:38:19,600
Speaker 3: With these low.

927
00:38:18,880 --> 00:38:20,960
Speaker 4: Cost of entry numbers, Like you know what I'm saying,

928
00:38:21,000 --> 00:38:23,600
Speaker 4: Like it just it was just a no brainer for me, man,

929
00:38:23,680 --> 00:38:25,680
Speaker 4: And again it changed my life.

930
00:38:25,800 --> 00:38:28,200
Speaker 1: You said at the end of the closing, you got

931
00:38:28,239 --> 00:38:30,239
Speaker 1: money back, And I've heard stories of people when they

932
00:38:30,320 --> 00:38:32,279
Speaker 1: use Knacker, they get money back can you break down

933
00:38:32,320 --> 00:38:34,120
Speaker 1: here that words, because I know there's no closing costs

934
00:38:34,160 --> 00:38:35,759
Speaker 1: to be for you, so how do you get money?

935
00:38:35,760 --> 00:38:39,960
Speaker 4: So what happened was, again an excellent agent worked out

936
00:38:39,960 --> 00:38:43,560
Speaker 4: a fifteen dollar I mean a fifteen thousand dollars closing credit.

937
00:38:43,840 --> 00:38:46,080
Speaker 4: Ten grand was used to buy my interest rate down.

938
00:38:46,360 --> 00:38:48,279
Speaker 4: Five grand just ended up up in the air. Where

939
00:38:48,280 --> 00:38:50,759
Speaker 4: would it go to the buyer? It's just money. They

940
00:38:50,760 --> 00:38:52,160
Speaker 4: gave it to them, you know what I mean. Naadn't

941
00:38:52,160 --> 00:38:54,160
Speaker 4: allow you to walk away with cash no more. So

942
00:38:54,160 --> 00:38:55,640
Speaker 4: what they would probably do now is apply it to

943
00:38:55,719 --> 00:38:57,920
Speaker 4: the principle as opposed to buying the interest down. But

944
00:38:58,280 --> 00:39:00,120
Speaker 4: in that particular deal, it worked out for me, So

945
00:39:00,120 --> 00:39:00,840
Speaker 4: I walked tarns.

946
00:39:00,880 --> 00:39:01,440
Speaker 3: What's going on?

947
00:39:01,600 --> 00:39:01,880
Speaker 2: Listen?

948
00:39:02,080 --> 00:39:06,360
Speaker 1: EYLU is relaunching, revamping, retooling. That's why we're creating a

949
00:39:06,560 --> 00:39:09,040
Speaker 1: new educational experience that's more expensive.

950
00:39:09,200 --> 00:39:09,960
Speaker 3: Shoty telling we.

951
00:39:09,960 --> 00:39:13,040
Speaker 2: Got hes twenty twenty three, We got a lot in

952
00:39:13,160 --> 00:39:15,319
Speaker 2: still a lot playing for you guys. So you know

953
00:39:15,400 --> 00:39:19,319
Speaker 2: that eylu already includes monthly financial planning calls with me,

954
00:39:19,440 --> 00:39:22,560
Speaker 2: book club calls with Troy, real estate calls with MG

955
00:39:22,680 --> 00:39:26,360
Speaker 2: the mortgage guy, access to the home buying Blueprint Volume

956
00:39:26,440 --> 00:39:29,680
Speaker 2: one and Volume two. Part of the revamp will include

957
00:39:29,880 --> 00:39:33,640
Speaker 2: twenty seven local chapters from across the United States, live

958
00:39:33,800 --> 00:39:38,080
Speaker 2: interactive teaching, hands on not just pre recorded videos, plus

959
00:39:38,320 --> 00:39:41,120
Speaker 2: fifteen brand new curriculums.

960
00:39:41,120 --> 00:39:42,720
Speaker 1: The Biggest just got bigger.

961
00:39:43,239 --> 00:39:46,640
Speaker 6: Head over to e y l university dot com. That's

962
00:39:46,760 --> 00:39:51,520
Speaker 6: EYL you n I V E R s I t

963
00:39:51,880 --> 00:39:53,760
Speaker 6: y dot com.

964
00:39:53,880 --> 00:39:54,439
Speaker 3: See it there.

965
00:39:56,080 --> 00:39:58,799
Speaker 1: This episode is brought to you by PNC Bank. A

966
00:39:58,840 --> 00:40:01,759
Speaker 1: lot of people think PODC about work a boring, and

967
00:40:01,960 --> 00:40:06,040
Speaker 1: sure they definitely can be, But understanding a professionals routine

968
00:40:06,080 --> 00:40:08,880
Speaker 1: shows us how they achieve their success little by little,

969
00:40:09,239 --> 00:40:12,920
Speaker 1: day after day. It's like banking with P and C Bank.

970
00:40:13,360 --> 00:40:16,160
Speaker 1: It might seem boring to save, plan and make calculated

971
00:40:16,200 --> 00:40:19,279
Speaker 1: decisions with your bank, but keeping your money boring is

972
00:40:19,320 --> 00:40:22,640
Speaker 1: what helps you live or more happily fulfilled life. P

973
00:40:22,760 --> 00:40:27,600
Speaker 1: and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly

974
00:40:27,640 --> 00:40:30,279
Speaker 1: Boring since eighteen sixty five is a service mark of

975
00:40:30,320 --> 00:40:33,560
Speaker 1: the PNC Financial Service Group, Inc. P and C Bank

976
00:40:33,960 --> 00:40:40,600
Speaker 1: National Association Member FDIC erness What's Up? You ever walk

977
00:40:40,640 --> 00:40:43,680
Speaker 1: into a small business and everything just works like the

978
00:40:43,800 --> 00:40:47,880
Speaker 1: checkout is fast? Their seats are digital tipping is a breeze,

979
00:40:48,200 --> 00:40:50,320
Speaker 1: and you're out the door before the line even builds.

980
00:40:50,640 --> 00:40:54,920
Speaker 1: Odds are they're using Square. We love supporting businesses that

981
00:40:55,000 --> 00:40:57,680
Speaker 1: run on Square because it just feels seamless. Whether it's

982
00:40:57,680 --> 00:41:00,760
Speaker 1: a local coffee shop, a vendor at a pop market,

983
00:41:00,880 --> 00:41:03,759
Speaker 1: or even one of our merch partners, Square makes it

984
00:41:03,880 --> 00:41:07,239
Speaker 1: easy for them to take payments, manage inventory, and run

985
00:41:07,320 --> 00:41:11,319
Speaker 1: their business with confidence, all from one simple system. If

986
00:41:11,320 --> 00:41:14,160
Speaker 1: you're a business owner or even just thinking about launching

987
00:41:14,200 --> 00:41:17,200
Speaker 1: something soon, Square is hands down one of the best

988
00:41:17,239 --> 00:41:20,360
Speaker 1: tools out there to help you start, run and grow.

989
00:41:20,680 --> 00:41:23,680
Speaker 1: It's not just about payments, it's about giving you time

990
00:41:23,760 --> 00:41:26,719
Speaker 1: back so you can focus on what matters most ready.

991
00:41:26,719 --> 00:41:30,120
Speaker 1: To see how Square can transform your business, visit Square

992
00:41:30,160 --> 00:41:34,719
Speaker 1: dot com backslash, go backslash eyl to learn more that

993
00:41:34,920 --> 00:41:40,360
Speaker 1: Square dot com backslash, go backslash eyl. Don't wait, don't hesitate.

994
00:41:40,480 --> 00:41:42,839
Speaker 1: Let's Square handle the back end so you can keep

995
00:41:42,880 --> 00:41:44,080
Speaker 1: pushing your vision forward.

996
00:41:46,320 --> 00:41:50,000
Speaker 7: An illegal alien from Guatemala charged with raping a child

997
00:41:50,040 --> 00:41:53,840
Speaker 7: in Massachusetts. An MS thirteen gang member from El Salvador

998
00:41:54,080 --> 00:41:58,200
Speaker 7: accused of murdering a Texas man of Venezuelan charged with

999
00:41:58,280 --> 00:42:02,160
Speaker 7: filming and selling child pronography in Michigan. These are just

1000
00:42:02,280 --> 00:42:06,040
Speaker 7: some of the heinous migrant criminals caught because of President

1001
00:42:06,080 --> 00:42:09,600
Speaker 7: Donald J. Trump's leadership. I'm Christy Noman, the United States

1002
00:42:09,680 --> 00:42:14,440
Speaker 7: Secretary of Homeland Security. Under President Trump, attempted illegal border

1003
00:42:14,480 --> 00:42:18,040
Speaker 7: crossings are at the lowest levels ever recorded, and over

1004
00:42:18,120 --> 00:42:21,319
Speaker 7: one hundred thousand illegal aliens have been arrested. If you

1005
00:42:21,400 --> 00:42:25,240
Speaker 7: are here illegally, your next you will be fine nearly

1006
00:42:25,320 --> 00:42:29,359
Speaker 7: one thousand dollars a day, imprisoned and deported, you will

1007
00:42:29,400 --> 00:42:33,040
Speaker 7: never return. But if you register using our CBP home

1008
00:42:33,080 --> 00:42:36,440
Speaker 7: app and leave now, you could be allowed to return legally.

1009
00:42:36,840 --> 00:42:41,600
Speaker 7: Do what's right. Leave now. Under President Trump America's laws,

1010
00:42:41,719 --> 00:42:44,200
Speaker 7: border and families will be protected.

1011
00:42:44,280 --> 00:42:46,200
Speaker 1: Sponsored by the United States Department of Homeland.

1012
00:42:46,040 --> 00:42:48,800
Speaker 3: Security with the five thousand dollars check security deposit's.

1013
00:42:48,840 --> 00:42:51,319
Speaker 4: Like I just had a bag of cash that I

1014
00:42:51,400 --> 00:42:53,640
Speaker 4: just had never seen before all at one time after

1015
00:42:53,719 --> 00:42:56,840
Speaker 4: that first deal public and it allowed me. Like I said,

1016
00:42:56,920 --> 00:42:59,560
Speaker 4: after that, I have been reading Money Master, the game

1017
00:42:59,600 --> 00:43:01,200
Speaker 4: all at I went and took most of the money,

1018
00:43:01,280 --> 00:43:03,560
Speaker 4: put it in Vanguard index funds. All of that kind

1019
00:43:03,560 --> 00:43:04,880
Speaker 4: of stuff. I went and bought me a jag and

1020
00:43:04,880 --> 00:43:06,520
Speaker 4: took a vacation got the jaz.

1021
00:43:06,600 --> 00:43:14,840
Speaker 5: Yeah, we definitely got me jaz immediately immediately thereafter.

1022
00:43:15,000 --> 00:43:15,319
Speaker 1: We know.

1023
00:43:16,360 --> 00:43:20,160
Speaker 2: Okay, so all that, how long did that take for

1024
00:43:20,200 --> 00:43:22,359
Speaker 2: you to start the program to get you first?

1025
00:43:22,400 --> 00:43:23,560
Speaker 3: My first deal was six months.

1026
00:43:23,560 --> 00:43:23,719
Speaker 5: Man.

1027
00:43:24,360 --> 00:43:26,280
Speaker 3: People think it's like it's this long process.

1028
00:43:26,320 --> 00:43:29,280
Speaker 4: So the first deal was six months from the time

1029
00:43:29,360 --> 00:43:31,720
Speaker 4: I met with my mortgage counselor to the time I closed.

1030
00:43:31,760 --> 00:43:33,560
Speaker 4: I met with my mortgage counselor in December because I

1031
00:43:33,560 --> 00:43:35,640
Speaker 4: went to the meeting in October and I just wanted

1032
00:43:35,640 --> 00:43:37,160
Speaker 4: to give myself a couple of months, just like I said,

1033
00:43:37,160 --> 00:43:38,719
Speaker 4: to kind of like get some things in order before

1034
00:43:38,719 --> 00:43:41,000
Speaker 4: I went and met with a mortgage counselor. From October

1035
00:43:41,040 --> 00:43:42,960
Speaker 4: to December, I kind of got some things in order,

1036
00:43:43,040 --> 00:43:45,160
Speaker 4: credit all that kind of stuff, pulled the documents that

1037
00:43:45,160 --> 00:43:45,520
Speaker 4: I needed.

1038
00:43:45,560 --> 00:43:48,520
Speaker 3: When I met with him, he told me everything I needed.

1039
00:43:48,520 --> 00:43:49,879
Speaker 4: And he was the person that gave me to play

1040
00:43:49,880 --> 00:43:52,520
Speaker 4: and told me to bring my girl back because he's like,

1041
00:43:52,600 --> 00:43:53,480
Speaker 4: y'all not married or nothing.

1042
00:43:53,480 --> 00:43:54,040
Speaker 3: No, y'all.

1043
00:43:54,200 --> 00:43:56,080
Speaker 4: I was like, no, He's like, look this to play.

1044
00:43:56,080 --> 00:43:58,160
Speaker 4: I see what you're trying to do. I like your style,

1045
00:43:58,320 --> 00:43:59,759
Speaker 4: Like you know what I'm saying, Like, just you a

1046
00:43:59,760 --> 00:44:02,520
Speaker 4: cool He's like, you seem like you about your money.

1047
00:44:02,520 --> 00:44:04,359
Speaker 4: He's like, so this is what you do. You go

1048
00:44:04,400 --> 00:44:06,520
Speaker 4: get you one, then you bring her back and y'all

1049
00:44:06,520 --> 00:44:08,200
Speaker 4: get another one.

1050
00:44:08,200 --> 00:44:10,600
Speaker 2: I want to talk about that because that's dividing conquer strategy.

1051
00:44:10,800 --> 00:44:14,520
Speaker 2: Julian Gordon has spoken about this MG the mortgage Guy,

1052
00:44:15,160 --> 00:44:19,960
Speaker 2: where if you're not married, it's actually beneficial. A lot

1053
00:44:20,000 --> 00:44:22,000
Speaker 2: of times people will be like, all right, well I'm

1054
00:44:22,080 --> 00:44:32,040
Speaker 2: not buying a home until we get married. Crazy, which so,

1055
00:44:32,520 --> 00:44:36,800
Speaker 2: but there's actually benefits in place for buying a home

1056
00:44:37,560 --> 00:44:40,799
Speaker 2: not being married, absolutely, because you can buy you each

1057
00:44:40,880 --> 00:44:44,600
Speaker 2: can own a home individually, and then you can always

1058
00:44:44,600 --> 00:44:48,040
Speaker 2: buy a home together when you're married. So the dividing

1059
00:44:48,080 --> 00:44:50,839
Speaker 2: conquer strategy is something that people have talked about. So

1060
00:44:51,920 --> 00:44:57,080
Speaker 2: explain this because another thing that people can say is like,

1061
00:44:57,200 --> 00:44:58,960
Speaker 2: well I don't want to buy a home with somebody

1062
00:44:59,000 --> 00:45:01,040
Speaker 2: then we break up, but you actually went through a.

1063
00:45:00,960 --> 00:45:02,880
Speaker 3: Breakoup, yeah, so I've been through it.

1064
00:45:03,160 --> 00:45:06,120
Speaker 2: Explain Explain this that the second the second play.

1065
00:45:06,000 --> 00:45:08,359
Speaker 4: Okay, so the second play again, we took her back

1066
00:45:08,520 --> 00:45:10,520
Speaker 4: or whatever the case. Your girlfriend at the top it's

1067
00:45:10,520 --> 00:45:11,920
Speaker 4: my girl at the time, we took her back, and

1068
00:45:11,920 --> 00:45:14,480
Speaker 4: by me knowing the program, I'm like, yo, I can

1069
00:45:14,520 --> 00:45:17,400
Speaker 4: go big. So I'm looking at Chicago's biggest and best neighborhoods.

1070
00:45:17,440 --> 00:45:18,920
Speaker 4: I know the maximum on four unions. I know I

1071
00:45:18,960 --> 00:45:20,759
Speaker 4: can go up to nine hundred and fifty thousand dollars

1072
00:45:20,800 --> 00:45:22,120
Speaker 4: all this, So I'm like, oh shit, We're going to

1073
00:45:22,160 --> 00:45:25,000
Speaker 4: the North Side, Lincoln Park, Bucktown, Worker Park. These are

1074
00:45:25,080 --> 00:45:26,680
Speaker 4: areas that you know what I mean, young, You know

1075
00:45:26,719 --> 00:45:29,319
Speaker 4: what I mean. People who are making one two hundred thousand, Now,

1076
00:45:29,360 --> 00:45:31,080
Speaker 4: these are the areas they moving in. They're not married,

1077
00:45:31,160 --> 00:45:34,279
Speaker 4: but everything within walking distance, buses, trains, like you know

1078
00:45:34,360 --> 00:45:37,280
Speaker 4: what I mean. It's a popping, gentrifying area in Chicago.

1079
00:45:37,600 --> 00:45:39,799
Speaker 4: And I'm like, that's what we're going. So we go

1080
00:45:39,920 --> 00:45:43,400
Speaker 4: up there and this process takes a year because we

1081
00:45:43,600 --> 00:45:45,560
Speaker 4: just could not get deals like you know what I mean,

1082
00:45:45,719 --> 00:45:48,000
Speaker 4: Like it just wasn't working out for us. But again,

1083
00:45:48,040 --> 00:45:49,560
Speaker 4: at the end of y'all will understand why I'm not

1084
00:45:49,680 --> 00:45:53,000
Speaker 4: working out, because God's timing is the best timing. We

1085
00:45:53,040 --> 00:45:55,480
Speaker 4: went through probably four or five different deals where we

1086
00:45:55,640 --> 00:45:58,840
Speaker 4: just got turned down. No, almost lost ten thousand dollars

1087
00:45:58,840 --> 00:46:02,000
Speaker 4: in earnest money, just like went through the ringer with

1088
00:46:02,080 --> 00:46:05,759
Speaker 4: this second one. But then we finally went to see

1089
00:46:05,760 --> 00:46:10,560
Speaker 4: a property, and this property was amazing because it's almost

1090
00:46:10,560 --> 00:46:12,560
Speaker 4: like a two for one. Y'all call them eighty us

1091
00:46:12,600 --> 00:46:15,200
Speaker 4: out here. We call them coach houses in Chicago. But

1092
00:46:15,280 --> 00:46:17,480
Speaker 4: this particular property, it had a three unit building in

1093
00:46:17,480 --> 00:46:19,560
Speaker 4: the front of the lot and in the back of

1094
00:46:19,600 --> 00:46:21,080
Speaker 4: the lot there's a coach house.

1095
00:46:21,320 --> 00:46:22,759
Speaker 3: And this ain't no regular coach house.

1096
00:46:23,320 --> 00:46:26,560
Speaker 4: This house has twelve foot call for ceilings, floating stairs,

1097
00:46:27,719 --> 00:46:31,280
Speaker 4: just cherrywool oak floors. The guy who built the property

1098
00:46:31,360 --> 00:46:33,640
Speaker 4: was a developer and he stayed there with his family

1099
00:46:33,680 --> 00:46:36,440
Speaker 4: while collecting rent from the building in front. So essentially

1100
00:46:36,440 --> 00:46:38,399
Speaker 4: this is a two for one. And like I said,

1101
00:46:38,400 --> 00:46:40,920
Speaker 4: it's not a small property. I do peer space in

1102
00:46:40,960 --> 00:46:42,520
Speaker 4: this thing. Make a ton of money in it right

1103
00:46:42,520 --> 00:46:45,439
Speaker 4: now with her still living in it. So that deal

1104
00:46:45,560 --> 00:46:48,000
Speaker 4: went like all right. We went to this guy walked

1105
00:46:48,000 --> 00:46:50,560
Speaker 4: the property, like, yo, the property is amazing. He told us, Look,

1106
00:46:50,719 --> 00:46:53,040
Speaker 4: the three units in the front, they all generating between

1107
00:46:53,040 --> 00:46:55,799
Speaker 4: sixteen and eighteen hundred dollars a month. I'm like, yes,

1108
00:46:56,520 --> 00:47:00,239
Speaker 4: cause I knew what numbers I needed. And then I

1109
00:47:00,280 --> 00:47:02,200
Speaker 4: told my mortgage counselor about it. He's like, bro, the

1110
00:47:02,239 --> 00:47:04,759
Speaker 4: only way you're gonna be able to afford this, He's like,

1111
00:47:04,880 --> 00:47:07,400
Speaker 4: y'all gonna need about eighty thousand dollars.

1112
00:47:07,920 --> 00:47:11,319
Speaker 3: And I'm like, he like, you got that. I'm like,

1113
00:47:11,960 --> 00:47:12,560
Speaker 3: not quite.

1114
00:47:12,719 --> 00:47:16,040
Speaker 4: But mind you, I had took like out of the

1115
00:47:16,080 --> 00:47:18,360
Speaker 4: twenty six thousand, I had put like twenty of that

1116
00:47:18,800 --> 00:47:20,840
Speaker 4: into the stock market. And this is right when Trump

1117
00:47:20,840 --> 00:47:23,479
Speaker 4: had got in office, so that twenty had turned into

1118
00:47:23,560 --> 00:47:25,799
Speaker 4: like twenty nine to thirty, you know what I'm saying.

1119
00:47:25,920 --> 00:47:27,920
Speaker 4: I realized that, like, yo, I still got money in

1120
00:47:27,920 --> 00:47:28,640
Speaker 4: the stock market.

1121
00:47:28,960 --> 00:47:29,800
Speaker 2: She had some bread.

1122
00:47:29,840 --> 00:47:31,719
Speaker 4: And then the rest we had to get from a

1123
00:47:31,800 --> 00:47:34,279
Speaker 4: seller's you know what I mean, concession, which again I

1124
00:47:34,280 --> 00:47:35,960
Speaker 4: told you all, he was willing to give us whatever

1125
00:47:36,000 --> 00:47:38,440
Speaker 4: we needed because he wanted to sell it to a

1126
00:47:38,480 --> 00:47:40,359
Speaker 4: minority couple as opposed to you know what I mean,

1127
00:47:40,400 --> 00:47:41,840
Speaker 4: anybody white or an investor.

1128
00:47:42,200 --> 00:47:43,760
Speaker 3: And that worked out in our favor.

1129
00:47:43,880 --> 00:47:46,239
Speaker 4: So with that deal, we were able to buy an

1130
00:47:46,280 --> 00:47:49,000
Speaker 4: interest rate down from three and a half percent to

1131
00:47:49,120 --> 00:47:49,840
Speaker 4: zero point.

1132
00:47:49,680 --> 00:47:51,840
Speaker 3: Eight percent your interest, yes.

1133
00:47:51,800 --> 00:47:56,480
Speaker 4: Which made the mortgage go from thirty nine hundred dollars

1134
00:47:56,480 --> 00:47:57,759
Speaker 4: to twenty seven hundred dollars.

1135
00:47:58,920 --> 00:47:59,759
Speaker 2: How'd you get the interest rate?

1136
00:47:59,840 --> 00:47:59,960
Speaker 1: Now?

1137
00:48:00,080 --> 00:48:01,799
Speaker 3: I not gonn allow you to buy the interest rate down?

1138
00:48:01,840 --> 00:48:04,200
Speaker 4: He gave us forty thousand dollars and we use some

1139
00:48:04,239 --> 00:48:05,920
Speaker 4: of our own but buy the.

1140
00:48:05,920 --> 00:48:06,440
Speaker 2: Interest rate then?

1141
00:48:07,040 --> 00:48:09,040
Speaker 1: How low? I mean the point, how low can you go?

1142
00:48:09,400 --> 00:48:09,480
Speaker 3: Right?

1143
00:48:11,120 --> 00:48:11,359
Speaker 1: Great?

1144
00:48:11,600 --> 00:48:13,400
Speaker 3: So at this point they don't even let people go

1145
00:48:13,440 --> 00:48:14,120
Speaker 3: there low anymore.

1146
00:48:14,400 --> 00:48:16,520
Speaker 4: Essentially broke the bank, like they changed the rules, like

1147
00:48:16,560 --> 00:48:17,680
Speaker 4: you can't buy your interest rate.

1148
00:48:17,600 --> 00:48:20,560
Speaker 3: Below one percent anymore. Like it's for need throw to buy.

1149
00:48:20,400 --> 00:48:21,839
Speaker 2: An interest rate, you just you put a lump sum

1150
00:48:21,840 --> 00:48:23,879
Speaker 2: of money up front here.

1151
00:48:24,520 --> 00:48:27,479
Speaker 4: So essentially I gave them was about seventy five eighty

1152
00:48:27,520 --> 00:48:30,120
Speaker 4: thousand dollars to save four hundred thousand dollars an interest

1153
00:48:30,160 --> 00:48:32,320
Speaker 4: on the back end. So it's like I gave y'all

1154
00:48:32,400 --> 00:48:35,200
Speaker 4: eighty bands to save four hundred just extra money that

1155
00:48:35,239 --> 00:48:37,440
Speaker 4: I would have been paying. In addition to that, it

1156
00:48:37,560 --> 00:48:40,279
Speaker 4: gave me twelve hundred dollars extra you know what I mean,

1157
00:48:40,320 --> 00:48:43,120
Speaker 4: savings on the mortgage. So that made it way more

1158
00:48:43,160 --> 00:48:44,960
Speaker 4: than affordable because, like I said, we now have a

1159
00:48:44,960 --> 00:48:46,960
Speaker 4: twenty seven hundred dollars mortgage with.

1160
00:48:47,040 --> 00:48:49,040
Speaker 3: Rents of five thousand dollars.

1161
00:48:49,160 --> 00:48:51,080
Speaker 4: Now my network then jumped up to one and a

1162
00:48:51,120 --> 00:48:54,640
Speaker 4: half million dollars in real estate through the knack of program.

1163
00:48:54,719 --> 00:48:56,239
Speaker 3: It's built relationships.

1164
00:48:57,040 --> 00:49:00,000
Speaker 4: I have a brand, I have a book, I travel,

1165
00:49:00,160 --> 00:49:02,840
Speaker 4: I do public speaking. I'm here talking to the biggest

1166
00:49:02,880 --> 00:49:07,160
Speaker 4: and the best. Also true all because of that first

1167
00:49:07,200 --> 00:49:09,640
Speaker 4: deal with the Knacker program. My relationships have grown to

1168
00:49:09,640 --> 00:49:11,520
Speaker 4: the point where I'm able to learn from other people

1169
00:49:11,600 --> 00:49:14,640
Speaker 4: in my industry because they're attracted to me because of

1170
00:49:14,680 --> 00:49:16,839
Speaker 4: how I did my deals. Like I have investors who

1171
00:49:16,840 --> 00:49:19,840
Speaker 4: are worth fifteen twenty thirty million. I go to Bigger

1172
00:49:19,840 --> 00:49:22,400
Speaker 4: Pockets conference and things like that. They're like a zero

1173
00:49:22,440 --> 00:49:24,839
Speaker 4: point eight percent interest rate. These are the biggest real

1174
00:49:24,920 --> 00:49:27,400
Speaker 4: estate investors in the world. We're talking about here that

1175
00:49:27,520 --> 00:49:29,120
Speaker 4: you know what I'm saying, And they like, how did

1176
00:49:29,160 --> 00:49:30,759
Speaker 4: you get a zero point eight how did you get

1177
00:49:30,800 --> 00:49:33,520
Speaker 4: a twenty a half percent? Like no money down. I've

1178
00:49:33,560 --> 00:49:36,719
Speaker 4: never heard of this program, And you would think people.

1179
00:49:36,520 --> 00:49:40,080
Speaker 2: Know about this, and they don't Knacker for anybody or

1180
00:49:40,120 --> 00:49:41,960
Speaker 2: you have to anybody lower income.

1181
00:49:42,320 --> 00:49:46,239
Speaker 4: So it's it's it's designed for lower income people, but

1182
00:49:46,320 --> 00:49:48,239
Speaker 4: you can do Knacker as a high income earner too.

1183
00:49:48,280 --> 00:49:50,680
Speaker 4: They'll just consider you what's called a non priority member,

1184
00:49:50,680 --> 00:49:52,319
Speaker 4: to whereas your interest rate will be a little bit

1185
00:49:52,360 --> 00:49:54,759
Speaker 4: higher than the priority members, but it's still going to

1186
00:49:54,840 --> 00:49:58,440
Speaker 4: be below the national average. And you can't buy in

1187
00:49:58,480 --> 00:50:02,319
Speaker 4: a neighborhood that the median income is higher than your

1188
00:50:02,360 --> 00:50:02,960
Speaker 4: media income.

1189
00:50:03,000 --> 00:50:04,839
Speaker 3: It has to be equal to or less than your

1190
00:50:04,880 --> 00:50:06,120
Speaker 3: media luxury.

1191
00:50:06,320 --> 00:50:09,800
Speaker 4: Yeah, So for example, if you make two hundred and

1192
00:50:09,840 --> 00:50:11,960
Speaker 4: fifty thousand dollars, you will probably have to buy a

1193
00:50:12,000 --> 00:50:15,600
Speaker 4: neighborhood where the median income is one hundred thousand, one

1194
00:50:15,640 --> 00:50:17,920
Speaker 4: hundred and fifty meters. I was making twenty six I

1195
00:50:17,960 --> 00:50:20,200
Speaker 4: can go buying a million dollar neighborhood. Because their goal

1196
00:50:20,280 --> 00:50:22,799
Speaker 4: is to balance out neighborhoods. NAKA doesn't want good or

1197
00:50:22,800 --> 00:50:25,520
Speaker 4: bad neighborhoods. They want it to be all neighborhoods are equal.

1198
00:50:25,719 --> 00:50:28,439
Speaker 4: The median income across all these neighborhoods are the same,

1199
00:50:28,480 --> 00:50:30,399
Speaker 4: and that's how you create balance by putting people who

1200
00:50:30,400 --> 00:50:32,799
Speaker 4: make thirty thousand in this neighborhood and people who make

1201
00:50:32,840 --> 00:50:35,000
Speaker 4: two hundred thousand in this neighborhood, and it just kind

1202
00:50:35,000 --> 00:50:37,359
Speaker 4: of like levels everything out so that way you don't

1203
00:50:37,400 --> 00:50:39,239
Speaker 4: have red lining and things like that.

1204
00:50:39,440 --> 00:50:42,239
Speaker 1: Can the high income earner. Can they buy down the

1205
00:50:42,280 --> 00:50:44,239
Speaker 1: industry as well? How low can we go?

1206
00:50:44,840 --> 00:50:47,000
Speaker 2: I think about one percent at this point one percent.

1207
00:50:48,160 --> 00:50:51,480
Speaker 2: What's some of the mistakes that people make with KNAK.

1208
00:50:51,680 --> 00:50:53,960
Speaker 2: I think the biggest mistake is probably just trying to

1209
00:50:53,960 --> 00:50:56,400
Speaker 2: get a faint single family as opposed to multi family.

1210
00:50:56,440 --> 00:50:59,120
Speaker 3: That's one. That's one and then two.

1211
00:50:59,440 --> 00:51:02,160
Speaker 4: Feeling like it's gonna be easy because you hear me

1212
00:51:02,200 --> 00:51:04,960
Speaker 4: talk about you no down payment, no closing costs, like yeah,

1213
00:51:05,000 --> 00:51:06,799
Speaker 4: it's your lick, but it's just like it's still going

1214
00:51:06,880 --> 00:51:08,960
Speaker 4: to be a process, like yeah, this is gonna be

1215
00:51:09,000 --> 00:51:10,600
Speaker 4: your move, this is your blessing right here. When you

1216
00:51:10,600 --> 00:51:14,080
Speaker 4: hear me talk that, get excited, but know that it's

1217
00:51:14,160 --> 00:51:16,279
Speaker 4: not going to be easy just because you heard all

1218
00:51:16,360 --> 00:51:18,960
Speaker 4: these benefits in the thirty second clip. Make sure you

1219
00:51:19,000 --> 00:51:20,960
Speaker 4: go do your own due diligence. Make sure you go

1220
00:51:21,000 --> 00:51:22,920
Speaker 4: watch the full interview. When I tell you about how

1221
00:51:22,960 --> 00:51:25,319
Speaker 4: I almost lost ten thousand dollars. When I tell you

1222
00:51:25,320 --> 00:51:27,319
Speaker 4: about they may slow drag when I tell you about

1223
00:51:27,360 --> 00:51:29,319
Speaker 4: they may not pick up the phone, Like when I

1224
00:51:29,360 --> 00:51:31,120
Speaker 4: tell you may have to pull up to the office,

1225
00:51:31,320 --> 00:51:32,160
Speaker 4: knock some shit off the.

1226
00:51:32,160 --> 00:51:34,319
Speaker 3: Desk, yell at Some people let them know you serious, Like,

1227
00:51:34,640 --> 00:51:37,480
Speaker 3: don't skip that part. You know what I'm saying, Like,

1228
00:51:37,640 --> 00:51:38,640
Speaker 3: don't skip that part?

1229
00:51:39,719 --> 00:51:43,279
Speaker 1: Is there? I guess a database to show you because

1230
00:51:43,480 --> 00:51:46,239
Speaker 1: obviously you know what the knack of offices where you live.

1231
00:51:46,280 --> 00:51:49,440
Speaker 1: But if I'm living in a different state because a

1232
00:51:49,480 --> 00:51:53,560
Speaker 1: website that fines like whether, well.

1233
00:51:53,520 --> 00:51:55,200
Speaker 2: All right, let's talk about the landlord side of it.

1234
00:51:55,640 --> 00:51:57,960
Speaker 2: What did you learn? What have you learned as far

1235
00:51:58,000 --> 00:51:58,920
Speaker 2: as being a landlord?

1236
00:51:59,360 --> 00:52:02,560
Speaker 3: Patience man, just understand one.

1237
00:52:02,920 --> 00:52:05,680
Speaker 4: So during the pandemic, So the Puerto Rican who sold

1238
00:52:05,760 --> 00:52:08,279
Speaker 4: us the second property right, his brother was in the

1239
00:52:08,280 --> 00:52:09,280
Speaker 4: garden unit of the building.

1240
00:52:09,360 --> 00:52:10,720
Speaker 3: He was just doing his brother a favor.

1241
00:52:11,440 --> 00:52:14,279
Speaker 4: And at the time, we couldn't have his brother move

1242
00:52:14,719 --> 00:52:17,720
Speaker 4: because we needed the income to qualify for the property.

1243
00:52:18,000 --> 00:52:19,840
Speaker 4: So as bad as I wanted him to move, I

1244
00:52:19,880 --> 00:52:22,879
Speaker 4: couldn't put him out, you know what I mean. And

1245
00:52:22,920 --> 00:52:25,799
Speaker 4: his brother ended up extending his lease out for a year,

1246
00:52:26,239 --> 00:52:30,160
Speaker 4: which guaranteed he stayed there. It was a small, one

1247
00:52:30,200 --> 00:52:32,880
Speaker 4: bedroom apartment. Man, this dude had a big rock whiler

1248
00:52:32,920 --> 00:52:35,919
Speaker 4: in there, just like you know, just a single junkie guy,

1249
00:52:36,000 --> 00:52:37,840
Speaker 4: like no women in his life, just like you know.

1250
00:52:37,880 --> 00:52:43,280
Speaker 3: It was just all bad and man, terrible, terrible, terrible.

1251
00:52:42,920 --> 00:52:46,000
Speaker 4: Cigarettes like you know, just like gunk all over the stove,

1252
00:52:46,120 --> 00:52:47,840
Speaker 4: and it just it was just bad.

1253
00:52:48,400 --> 00:52:49,080
Speaker 3: It was just bad.

1254
00:52:49,120 --> 00:52:50,799
Speaker 2: And I know I know the guy. I don't know him,

1255
00:52:51,560 --> 00:52:58,359
Speaker 2: but I know, yeah.

1256
00:52:58,600 --> 00:53:01,640
Speaker 3: All he took dog like you know what I'm saying,

1257
00:53:02,120 --> 00:53:02,680
Speaker 3: you tripping.

1258
00:53:03,200 --> 00:53:06,280
Speaker 4: So he tried to, you know, pull the whole pandemic

1259
00:53:06,360 --> 00:53:07,960
Speaker 4: move where he aires the pandemic.

1260
00:53:08,000 --> 00:53:11,000
Speaker 3: I ain't got to pay, right, he tried to run

1261
00:53:11,040 --> 00:53:16,239
Speaker 3: a pandemic player listen, so listen. Everybody else wants. So

1262
00:53:16,280 --> 00:53:16,719
Speaker 3: it's the thing.

1263
00:53:16,800 --> 00:53:19,279
Speaker 4: Everybody else paid me throughout the pandemic. I never had

1264
00:53:19,280 --> 00:53:22,799
Speaker 4: an issue. Everybody paid except for him. Mind you, he

1265
00:53:22,960 --> 00:53:25,239
Speaker 4: was a mover. I'm hearing this dude's truck start up

1266
00:53:25,400 --> 00:53:27,440
Speaker 4: every morning and go to work and move people.

1267
00:53:27,520 --> 00:53:29,560
Speaker 3: Right, But he acting like he ain't got no money.

1268
00:53:29,760 --> 00:53:32,920
Speaker 4: So I'm like, bro, all right, cool like and then

1269
00:53:33,200 --> 00:53:36,000
Speaker 4: God always look out for me, bro, like always, like,

1270
00:53:36,280 --> 00:53:38,399
Speaker 4: I just feel like I'm one of God's favorites. Man,

1271
00:53:38,560 --> 00:53:40,439
Speaker 4: two weeks after he starts trying to pull that shit,

1272
00:53:40,719 --> 00:53:41,920
Speaker 4: his apartment starts flooding.

1273
00:53:42,480 --> 00:53:45,400
Speaker 3: I'm not getting that shit fixed, bro, I'm not getting

1274
00:53:45,400 --> 00:53:46,040
Speaker 3: that shit fixed.

1275
00:53:46,239 --> 00:53:49,560
Speaker 4: And in that frame of the month. Man it rained

1276
00:53:49,560 --> 00:53:54,200
Speaker 4: about seven times, about seven times. So mind you he's

1277
00:53:54,239 --> 00:53:55,080
Speaker 4: walking around and.

1278
00:53:55,080 --> 00:53:58,200
Speaker 3: Poop water dog here, his dog is wet. His dog

1279
00:53:58,280 --> 00:53:59,960
Speaker 3: here is so poopwater is just.

1280
00:54:00,760 --> 00:54:03,239
Speaker 4: Man, he ran out of that place, like when I

1281
00:54:03,280 --> 00:54:05,000
Speaker 4: tell y'all, he ran out of he he couldn't get

1282
00:54:05,000 --> 00:54:06,480
Speaker 4: out of there fast enough. So I didn't even have

1283
00:54:06,480 --> 00:54:08,200
Speaker 4: to put him out. I didn't have to e victim.

1284
00:54:08,400 --> 00:54:10,080
Speaker 4: The flood got him out. And I just refused to

1285
00:54:10,080 --> 00:54:11,400
Speaker 4: get it fixed because he was just like, man, you're

1286
00:54:11,400 --> 00:54:12,719
Speaker 4: gonna keep it on, letting it flop, like you're gonna

1287
00:54:12,719 --> 00:54:15,160
Speaker 4: pay me a rent? Like what are you talking about,

1288
00:54:15,160 --> 00:54:17,799
Speaker 4: like even exchange, no rent money, no fix.

1289
00:54:18,080 --> 00:54:20,319
Speaker 2: But could he could he have made because I know,

1290
00:54:20,400 --> 00:54:23,719
Speaker 2: like these tenants have a lot of laws in place.

1291
00:54:23,920 --> 00:54:25,799
Speaker 3: In Chicago, they definitely do, because like.

1292
00:54:25,719 --> 00:54:27,520
Speaker 2: In New York, you don't even have to pay rent

1293
00:54:27,680 --> 00:54:31,840
Speaker 2: for like a year, maybe sometimes even longer, and you

1294
00:54:31,960 --> 00:54:36,000
Speaker 2: still the landlord still has to do whatever you tell

1295
00:54:36,080 --> 00:54:36,400
Speaker 2: him to do.

1296
00:54:36,600 --> 00:54:37,080
Speaker 3: That's crazy.

1297
00:54:37,120 --> 00:54:39,840
Speaker 2: But like Georgia is a landlord of friendly states, so

1298
00:54:39,880 --> 00:54:41,479
Speaker 2: you can evict somebody in like seven days.

1299
00:54:42,080 --> 00:54:44,319
Speaker 3: I wish we could do that in Chicago. But blessed enough,

1300
00:54:44,400 --> 00:54:45,360
Speaker 3: like I haven't had to.

1301
00:54:45,560 --> 00:54:47,560
Speaker 4: And even with him, it just took two weeks for

1302
00:54:47,640 --> 00:54:49,200
Speaker 4: him to go because the rain, Like I said, bro,

1303
00:54:49,280 --> 00:54:51,000
Speaker 4: like just imagine waking up in the middle of the

1304
00:54:51,080 --> 00:54:54,000
Speaker 4: night and shit water and pee and just like and

1305
00:54:54,040 --> 00:54:56,640
Speaker 4: then you're like your dog, like your dog laying in this.

1306
00:55:00,600 --> 00:55:02,640
Speaker 1: But on the other hand, when he leaves, now now

1307
00:55:02,680 --> 00:55:04,680
Speaker 1: I have to clean up. Now you have to so

1308
00:55:04,719 --> 00:55:08,360
Speaker 1: like having reserves, talk about that money to repair it.

1309
00:55:08,120 --> 00:55:10,680
Speaker 4: Said, listen, that's that's the bare minimum as far as

1310
00:55:10,719 --> 00:55:13,160
Speaker 4: my reserves, y'all. I had a thirty thousand dollars plumber

1311
00:55:13,160 --> 00:55:17,960
Speaker 4: issue that beat my ass, like like so that that flooding.

1312
00:55:17,800 --> 00:55:19,400
Speaker 1: H did you know prior to the flood The.

1313
00:55:20,200 --> 00:55:22,680
Speaker 4: Flooding is what let me know that she's gonna cost

1314
00:55:22,680 --> 00:55:24,000
Speaker 4: thirty thousand dollars to fix.

1315
00:55:24,520 --> 00:55:27,400
Speaker 2: Talk about that. So I saw you talk about that before.

1316
00:55:27,360 --> 00:55:28,120
Speaker 3: On ran to gyms.

1317
00:55:28,640 --> 00:55:33,680
Speaker 4: So that happened, and I'm just like, I'm trying to

1318
00:55:33,680 --> 00:55:35,520
Speaker 4: patch this thing up for like a year, you know

1319
00:55:35,560 --> 00:55:35,960
Speaker 4: what I'm saying.

1320
00:55:35,960 --> 00:55:36,279
Speaker 3: They went on.

1321
00:55:36,320 --> 00:55:37,759
Speaker 4: I'm trying to Like I had the plumbers coming out

1322
00:55:37,800 --> 00:55:39,000
Speaker 4: here like all right, cool, we can do this. This

1323
00:55:39,080 --> 00:55:40,440
Speaker 4: is a short job we can do to kind of

1324
00:55:40,440 --> 00:55:43,600
Speaker 4: like fix it. But then it kept on happening, and Uh,

1325
00:55:43,719 --> 00:55:45,319
Speaker 4: the plumber came out. He's like, Bro, I got some

1326
00:55:45,360 --> 00:55:47,680
Speaker 4: bad news for you. He's like, the only way we

1327
00:55:47,680 --> 00:55:49,720
Speaker 4: can do this, we got to dig under the ground.

1328
00:55:50,239 --> 00:55:52,719
Speaker 3: We gotta get to the pipe. Now only do we

1329
00:55:52,719 --> 00:55:53,600
Speaker 3: gotta dig under.

1330
00:55:53,400 --> 00:55:55,040
Speaker 4: The ground, Like we have to go get a like

1331
00:55:55,120 --> 00:55:57,080
Speaker 4: an excavation machine.

1332
00:55:57,200 --> 00:55:59,640
Speaker 3: Like and you like you pay for that.

1333
00:55:59,680 --> 00:56:01,880
Speaker 4: They don't pay for that, Like so now you're renting

1334
00:56:01,920 --> 00:56:05,320
Speaker 4: excavation machines. You're renting you're paying the person to operate

1335
00:56:05,320 --> 00:56:07,480
Speaker 4: the excavation machine. Now they have to dig down ten

1336
00:56:07,520 --> 00:56:10,440
Speaker 4: feet under the concrete, dirt all that get to the pipe,

1337
00:56:10,840 --> 00:56:14,200
Speaker 4: take the pipe out, replace the pipe, put new dirt,

1338
00:56:14,280 --> 00:56:16,760
Speaker 4: put new concrete, all of these different things.

1339
00:56:17,040 --> 00:56:19,239
Speaker 3: And he's like, ye, it's gonna be about thirty thousand dollars. Bro.

1340
00:56:19,360 --> 00:56:24,239
Speaker 3: My heart fell into my stomach Like what bro? Like

1341
00:56:24,360 --> 00:56:28,319
Speaker 3: what like like like thirty bands? Like you're talking about

1342
00:56:28,320 --> 00:56:30,040
Speaker 3: the down payment on another property type shit.

1343
00:56:30,800 --> 00:56:35,280
Speaker 4: Like you're like, yeah, so blessed enough. I'm financially literate.

1344
00:56:35,800 --> 00:56:38,680
Speaker 4: I use credit business credit interest free business credit.

1345
00:56:39,719 --> 00:56:40,319
Speaker 3: You know what I mean.

1346
00:56:40,440 --> 00:56:43,399
Speaker 4: I used one of my cards swiped that been paying

1347
00:56:43,440 --> 00:56:45,799
Speaker 4: it down with the rent ever since then. I'm still

1348
00:56:45,800 --> 00:56:48,160
Speaker 4: paying on that shit right now. But the thing is

1349
00:56:48,640 --> 00:56:51,440
Speaker 4: financial literacy. Once that interest free is up, I just

1350
00:56:51,480 --> 00:56:53,160
Speaker 4: transfer the balance to a new car, you know what

1351
00:56:53,160 --> 00:56:55,239
Speaker 4: I'm saying interest free, So that way, at least I'm

1352
00:56:55,280 --> 00:56:57,880
Speaker 4: not paying extra money on it. The rents have increased

1353
00:56:57,960 --> 00:57:00,480
Speaker 4: over time, pier space is running up a bad so

1354
00:57:00,560 --> 00:57:03,840
Speaker 4: it allows me to still take care of that without

1355
00:57:04,000 --> 00:57:04,920
Speaker 4: it coming out of my arm.

1356
00:57:05,480 --> 00:57:07,239
Speaker 1: It could be a blessing, right because I've had that

1357
00:57:07,280 --> 00:57:10,520
Speaker 1: same sit little situation shower. I started seeing like the

1358
00:57:10,520 --> 00:57:13,640
Speaker 1: water wasn't going down, like what's happening? Called the plumber.

1359
00:57:13,719 --> 00:57:15,759
Speaker 1: They're like, you got a belly in your pipes? I said,

1360
00:57:15,920 --> 00:57:18,120
Speaker 1: what is that? Right? And then they put the you know,

1361
00:57:18,200 --> 00:57:21,560
Speaker 1: the camera camera like that's the belly and then you

1362
00:57:21,600 --> 00:57:24,320
Speaker 1: look at it and it's like it's literally see you ye,

1363
00:57:24,760 --> 00:57:26,360
Speaker 1: And now the water can't get out. I said, well,

1364
00:57:26,400 --> 00:57:27,920
Speaker 1: how much is going to cost to fix? They were like,

1365
00:57:28,040 --> 00:57:30,880
Speaker 1: you want the rough essment or real essment? Said give

1366
00:57:30,920 --> 00:57:33,360
Speaker 1: me the real one. He said about twenty five thousand.

1367
00:57:34,200 --> 00:57:36,360
Speaker 1: I was like, well to fix this like now, he's like, yeah,

1368
00:57:36,360 --> 00:57:38,120
Speaker 1: twenty five thousand, and if we have to go out

1369
00:57:38,160 --> 00:57:39,480
Speaker 1: to the street. We got to call the town. We're

1370
00:57:39,480 --> 00:57:41,440
Speaker 1: gonna have the permits is probably gonna be forty thousand.

1371
00:57:41,840 --> 00:57:46,240
Speaker 1: And you're sitting there. You have a family, We can't

1372
00:57:46,240 --> 00:57:47,960
Speaker 1: take a shower, we can't watch the dies.

1373
00:57:48,680 --> 00:57:50,720
Speaker 3: And for me it was my tenants. It's like, I

1374
00:57:50,760 --> 00:57:52,240
Speaker 3: can't have people living like.

1375
00:57:52,280 --> 00:57:54,640
Speaker 4: This, Like I would be foul to say yo to

1376
00:57:54,720 --> 00:57:57,360
Speaker 4: constantly just keep trying to patch this up, and my

1377
00:57:57,440 --> 00:58:00,439
Speaker 4: tenant's furniture and roads and all these things are getting

1378
00:58:00,480 --> 00:58:03,200
Speaker 4: damaged and they're getting pissed, like dude, when are you

1379
00:58:03,240 --> 00:58:05,080
Speaker 4: going to get this fixed? It's like you can't keep

1380
00:58:05,120 --> 00:58:07,000
Speaker 4: on trying to patch this up because it keeps happening.

1381
00:58:07,040 --> 00:58:08,680
Speaker 1: But on the other side of it is like, now

1382
00:58:08,840 --> 00:58:11,360
Speaker 1: that that it's fixed, it adds value.

1383
00:58:11,160 --> 00:58:13,760
Speaker 4: Adds value because you got the whole new plumbing line exactly.

1384
00:58:13,880 --> 00:58:17,800
Speaker 4: All of these things in plumbing, electrical, roofwork, certain things

1385
00:58:17,840 --> 00:58:20,000
Speaker 4: add value to your property. So now I just added

1386
00:58:20,040 --> 00:58:22,360
Speaker 4: brand new plumbing lines to my property, which gave me,

1387
00:58:22,520 --> 00:58:25,320
Speaker 4: you know what I mean, sweat equity. When did you

1388
00:58:25,360 --> 00:58:29,080
Speaker 4: buy your first home twenty fifteen? How much was it

1389
00:58:29,320 --> 00:58:30,760
Speaker 4: three hundred and sixty thousand dollars?

1390
00:58:30,800 --> 00:58:31,560
Speaker 2: How much is it now?

1391
00:58:31,760 --> 00:58:33,520
Speaker 3: Five hundred and ninety thousand dollars.

1392
00:58:33,600 --> 00:58:35,680
Speaker 4: He said it with a smile, And I didn't pay

1393
00:58:35,680 --> 00:58:39,520
Speaker 4: anything should and mind you three hundred and sixty thousand.

1394
00:58:39,840 --> 00:58:42,880
Speaker 4: The mortgage has been paid down for eight years by

1395
00:58:42,920 --> 00:58:46,000
Speaker 4: the tenants. I've been living for free. So that's all. Like,

1396
00:58:46,080 --> 00:58:48,600
Speaker 4: once I sell this thing, it's going to be all

1397
00:58:48,680 --> 00:58:52,360
Speaker 4: profit on top of twenty or thirty years of cash flow?

1398
00:58:52,760 --> 00:58:55,680
Speaker 2: Are you getting positive cash flow now? Seventeen hundred a

1399
00:58:55,720 --> 00:58:57,000
Speaker 2: month from a.

1400
00:58:57,000 --> 00:59:00,920
Speaker 3: Place that I live? They know you're I'm cool. I'm

1401
00:59:00,960 --> 00:59:04,760
Speaker 3: like the coolest landlord. Like so.

1402
00:59:06,360 --> 00:59:08,479
Speaker 4: Yeah, so so like if I go do something big

1403
00:59:08,600 --> 00:59:10,960
Speaker 4: or something like that, I wouldn't I wouldn't tell nobody,

1404
00:59:11,000 --> 00:59:13,160
Speaker 4: but for this kind of stuff, and a lot of

1405
00:59:13,160 --> 00:59:16,000
Speaker 4: people like, yeah, don't tell, Like nah, man, get familiar

1406
00:59:16,040 --> 00:59:18,240
Speaker 4: with your tennis. Get build a relationship with your tennis,

1407
00:59:18,280 --> 00:59:19,680
Speaker 4: like you know what I mean. Like that's that's a

1408
00:59:19,720 --> 00:59:22,240
Speaker 4: good thing. Like don't in that way, it's easy for

1409
00:59:22,240 --> 00:59:25,080
Speaker 4: you to have certain conversations without people getting offended or anything.

1410
00:59:25,200 --> 00:59:27,800
Speaker 4: Like hey, miss Jones, don't forget it's the fifth Make

1411
00:59:27,840 --> 00:59:30,120
Speaker 4: sure you pay your rent tomorrow. I ain't gonna charge

1412
00:59:30,160 --> 00:59:31,640
Speaker 4: you a late fee, but make sure you like you

1413
00:59:31,680 --> 00:59:33,840
Speaker 4: know what I mean, just like you have these relationships

1414
00:59:33,840 --> 00:59:36,440
Speaker 4: and you can like you know, you watch people, kids

1415
00:59:36,480 --> 00:59:38,520
Speaker 4: grow up, and just like all of these different things

1416
00:59:38,520 --> 00:59:40,720
Speaker 4: that I've gotten to learn and see as a landlord. Man,

1417
00:59:40,760 --> 00:59:43,160
Speaker 4: it's actually pretty cool to have relationships with my tenants.

1418
00:59:43,200 --> 00:59:46,600
Speaker 4: And the main thing for me is, man, you treat

1419
00:59:46,640 --> 00:59:50,240
Speaker 4: people with respect, You provide quality living spaces for people.

1420
00:59:50,280 --> 00:59:52,680
Speaker 4: You don't do slum lord shit. I promise you your

1421
00:59:52,720 --> 00:59:55,160
Speaker 4: tennants are going to take care of you like they're

1422
00:59:55,160 --> 00:59:56,520
Speaker 4: gonna take care of you, because at the end of

1423
00:59:56,520 --> 01:00:00,560
Speaker 4: the day, this is their home's mine and with them

1424
01:00:00,640 --> 01:00:03,920
Speaker 4: living here. How many people do you know like to

1425
01:00:03,960 --> 01:00:07,360
Speaker 4: tear up their own shit. It's rare, of course, you

1426
01:00:07,440 --> 01:00:10,240
Speaker 4: see it. Sometimes people live in some pretty fucked up places.

1427
01:00:10,280 --> 01:00:12,800
Speaker 4: But a lot of times in those situations, people don't

1428
01:00:12,800 --> 01:00:14,800
Speaker 4: care because the landlord ain't taking care of the property

1429
01:00:14,840 --> 01:00:17,680
Speaker 4: the way that they're supposed to. When you taking care

1430
01:00:17,720 --> 01:00:20,000
Speaker 4: of your stuff, people who have nice stuff, they like

1431
01:00:20,040 --> 01:00:22,920
Speaker 4: to keep it nice. I've never before I was a landlorder.

1432
01:00:22,960 --> 01:00:25,919
Speaker 4: I've never lived somewhere and I just tore the place

1433
01:00:26,000 --> 01:00:27,840
Speaker 4: up or nothing like. I like nice shit, so I

1434
01:00:27,960 --> 01:00:29,480
Speaker 4: like to you know what, I mean, take care of it,

1435
01:00:29,560 --> 01:00:31,080
Speaker 4: keep it nice. If I had company, I'm want to

1436
01:00:31,120 --> 01:00:34,640
Speaker 4: come through. All this is nice, Like that's just common sense.

1437
01:00:34,440 --> 01:00:37,680
Speaker 2: Right, So can you rEFInd out of the knocker?

1438
01:00:37,840 --> 01:00:41,360
Speaker 4: Hell yeah, boy, rashad, I'm sitting on so much equity

1439
01:00:41,440 --> 01:00:41,800
Speaker 4: right now.

1440
01:00:41,880 --> 01:00:43,240
Speaker 3: Right so in order for me to.

1441
01:00:43,160 --> 01:00:44,880
Speaker 4: Go get a home equity line of credit and pull

1442
01:00:44,960 --> 01:00:47,840
Speaker 4: money out of a property that I own, I got it.

1443
01:00:47,880 --> 01:00:51,919
Speaker 4: Your income and please go show income before you start

1444
01:00:51,960 --> 01:00:52,880
Speaker 4: talking about doing.

1445
01:00:52,760 --> 01:00:55,000
Speaker 3: Brrrs and all this kind of stuff.

1446
01:00:55,040 --> 01:00:57,000
Speaker 4: These terms, it's all over the internet because at the

1447
01:00:57,080 --> 01:00:59,560
Speaker 4: end of the day, you have to know the terms

1448
01:00:59,600 --> 01:01:02,000
Speaker 4: of doing these things before you go out and do it.

1449
01:01:02,040 --> 01:01:04,439
Speaker 4: Because yeah, that's your money, but it ain't your money,

1450
01:01:04,440 --> 01:01:06,240
Speaker 4: like it's your money in your pocket. You got to

1451
01:01:06,280 --> 01:01:08,800
Speaker 4: go get permission from the bank to access this money.

1452
01:01:08,880 --> 01:01:09,680
Speaker 3: And if you don't have a.

1453
01:01:09,640 --> 01:01:11,760
Speaker 4: Relationship with the bank and you can't show the bank

1454
01:01:11,800 --> 01:01:13,320
Speaker 4: that you're making money, the bank ain't even want to

1455
01:01:13,320 --> 01:01:15,760
Speaker 4: hear that shit at all. They gonna be like, boy,

1456
01:01:15,800 --> 01:01:16,480
Speaker 4: this's our money.

1457
01:01:18,440 --> 01:01:21,240
Speaker 1: We on this. So talk about the pair space play

1458
01:01:21,400 --> 01:01:24,080
Speaker 1: because you're you live in the one, but the one

1459
01:01:24,080 --> 01:01:26,520
Speaker 1: with your girlfriend. You are using pair of space. How

1460
01:01:26,560 --> 01:01:28,240
Speaker 1: you came to contact with it and what's the play

1461
01:01:28,280 --> 01:01:28,440
Speaker 1: on that.

1462
01:01:29,080 --> 01:01:31,240
Speaker 4: So pier space is something that I found out about

1463
01:01:31,280 --> 01:01:34,120
Speaker 4: when I was rapping. I used to, you know, have

1464
01:01:34,320 --> 01:01:36,840
Speaker 4: videographers or whatever, and we just always these dope places.

1465
01:01:36,880 --> 01:01:38,560
Speaker 4: But it would just be in the budget and what

1466
01:01:38,560 --> 01:01:40,160
Speaker 4: they charged me for and I'm like, bro, where you

1467
01:01:40,160 --> 01:01:42,280
Speaker 4: find this set or whatever the case may be. And

1468
01:01:42,320 --> 01:01:44,080
Speaker 4: I would hear them talk about peer space, but I

1469
01:01:44,120 --> 01:01:46,240
Speaker 4: just never looked into it. So one day I was

1470
01:01:46,240 --> 01:01:48,919
Speaker 4: shooting some content at the new house. Like I said,

1471
01:01:48,920 --> 01:01:51,320
Speaker 4: it's five so I like, man, it sounds for shoot

1472
01:01:51,360 --> 01:01:53,800
Speaker 4: all kind of content in this house. My guy was like, bro,

1473
01:01:54,320 --> 01:01:56,320
Speaker 4: you should consider putting his house on pier space.

1474
01:01:56,360 --> 01:01:57,520
Speaker 3: You would check a bag.

1475
01:01:58,120 --> 01:01:59,640
Speaker 4: And I'm just like, that's the shit you've been telling

1476
01:01:59,640 --> 01:02:01,680
Speaker 4: me about it all these years. He like, fam, I'm

1477
01:02:01,680 --> 01:02:05,680
Speaker 4: going to rent your house. Like I'm finna be calling

1478
01:02:05,760 --> 01:02:08,200
Speaker 4: you and renting your house. So the next day I

1479
01:02:08,240 --> 01:02:09,920
Speaker 4: went on peer space, you know, I went and took

1480
01:02:09,960 --> 01:02:11,520
Speaker 4: me some pictures of the property or whatever.

1481
01:02:11,880 --> 01:02:12,080
Speaker 1: Man.

1482
01:02:12,120 --> 01:02:17,440
Speaker 4: Two days later, bookings, bookings, bookings, bookings, bookings, video shoots,

1483
01:02:17,560 --> 01:02:20,080
Speaker 4: photo shoots. People want to come and host dinner parties.

1484
01:02:20,120 --> 01:02:23,920
Speaker 2: It's just like peer space. Peer Space is a vibe

1485
01:02:23,920 --> 01:02:25,160
Speaker 2: and a lot a lot of people still don't know

1486
01:02:25,160 --> 01:02:25,640
Speaker 2: about pair.

1487
01:02:25,560 --> 01:02:28,720
Speaker 4: Space, and it's crazy because the thing is you can

1488
01:02:28,760 --> 01:02:30,800
Speaker 4: still live there. It's not like Airbnb.

1489
01:02:30,960 --> 01:02:34,280
Speaker 2: You have to be gone and there's different rules like Airbnb.

1490
01:02:34,360 --> 01:02:36,200
Speaker 2: A lot of these buildings they don't even allow it

1491
01:02:36,440 --> 01:02:38,680
Speaker 2: allow and stuff like that, and they're cracking down. But

1492
01:02:38,720 --> 01:02:40,720
Speaker 2: like we found out about peer Space when we went

1493
01:02:40,760 --> 01:02:44,520
Speaker 2: to we got to show Revolt over aliability shots to Revolt,

1494
01:02:44,760 --> 01:02:48,360
Speaker 2: So when we we do like off set locations where

1495
01:02:48,360 --> 01:02:51,120
Speaker 2: we film with different stuff. So we were in l A.

1496
01:02:51,440 --> 01:02:53,920
Speaker 2: And we were filming in LA at this house on

1497
01:02:53,960 --> 01:02:57,720
Speaker 2: the hills and actually was at Atlanta. We were in Atlanta,

1498
01:02:57,920 --> 01:03:01,280
Speaker 2: La too, but Atlanta we was film in an episode

1499
01:03:01,600 --> 01:03:06,080
Speaker 2: and the lady who actually owned the house, she found

1500
01:03:06,120 --> 01:03:08,560
Speaker 2: out that we were filming in so she stayed because

1501
01:03:08,560 --> 01:03:10,400
Speaker 2: she was big fans of even Out so she wanted

1502
01:03:10,400 --> 01:03:12,320
Speaker 2: to introduce herself. So then she started giving us to

1503
01:03:12,320 --> 01:03:13,720
Speaker 2: play like yeah, you know, I rent this out the

1504
01:03:13,720 --> 01:03:15,880
Speaker 2: peer space. So then we went to LA and then

1505
01:03:15,920 --> 01:03:18,760
Speaker 2: we Revolt rented a spot there. So we were talking

1506
01:03:18,800 --> 01:03:21,760
Speaker 2: to like the production team and all that and they like, yeah,

1507
01:03:22,400 --> 01:03:24,280
Speaker 2: it's and the good thing about pair of space is that,

1508
01:03:24,480 --> 01:03:26,640
Speaker 2: especially like for that type of thing, it's only for

1509
01:03:26,640 --> 01:03:29,600
Speaker 2: a couple hours as opposed to the whole night, and

1510
01:03:29,800 --> 01:03:32,040
Speaker 2: it's a lot more money because it's like this is

1511
01:03:32,600 --> 01:03:33,600
Speaker 2: Revolt inc.

1512
01:03:34,240 --> 01:03:38,840
Speaker 4: That you can have them come for two hours, NBC

1513
01:03:38,880 --> 01:03:42,120
Speaker 4: come for two hours, CBS come for two hours. It's

1514
01:03:42,200 --> 01:03:44,120
Speaker 4: not like all right, cool, were getting five hundred for

1515
01:03:44,120 --> 01:03:46,720
Speaker 4: the night, Like nah, you can run this shit up

1516
01:03:46,840 --> 01:03:48,800
Speaker 4: and then two of The crazy thing is so I

1517
01:03:48,840 --> 01:03:51,280
Speaker 4: ran out my main floor, I ran out my office space,

1518
01:03:51,360 --> 01:03:53,560
Speaker 4: I ran out my bathroom, all separate. I can have

1519
01:03:53,640 --> 01:03:56,160
Speaker 4: three different things going on at the same time, getting

1520
01:03:56,160 --> 01:03:57,840
Speaker 4: three different bags all from the same.

1521
01:03:57,640 --> 01:04:01,960
Speaker 2: So airbnb is for people that want to come and

1522
01:04:02,000 --> 01:04:04,760
Speaker 2: stay the night and live there for a day. Peer

1523
01:04:04,840 --> 01:04:06,680
Speaker 2: spaces for people that want to do production, you.

1524
01:04:06,760 --> 01:04:11,000
Speaker 3: Create or like music video.

1525
01:04:11,560 --> 01:04:13,840
Speaker 1: What we're doing here is we just when we did

1526
01:04:13,920 --> 01:04:16,760
Speaker 1: that photoshoot, same thing somebody's from home. You got like

1527
01:04:16,840 --> 01:04:19,600
Speaker 1: five hours to do it, take the pictures, put everything

1528
01:04:19,640 --> 01:04:21,440
Speaker 1: back the same way. By the time they come home

1529
01:04:21,440 --> 01:04:23,760
Speaker 1: from work, you just made five hundred to one thousand

1530
01:04:23,840 --> 01:04:26,120
Speaker 1: dollars just coming on home on the train.

1531
01:04:26,320 --> 01:04:27,800
Speaker 2: If you live in a city that has like a

1532
01:04:27,880 --> 01:04:32,120
Speaker 2: media presence like New York, Chicago, Atlanta, La. There's always

1533
01:04:32,120 --> 01:04:36,800
Speaker 2: stuff happened, always stuff, Always something's happening, whether it's a production,

1534
01:04:37,000 --> 01:04:38,640
Speaker 2: a music video, dinner.

1535
01:04:39,400 --> 01:04:41,760
Speaker 4: Man, I don't have I've had so many YouTube like

1536
01:04:41,840 --> 01:04:44,800
Speaker 4: sensations come and do stuff in my crib like people

1537
01:04:44,840 --> 01:04:45,880
Speaker 4: with two million followers.

1538
01:04:45,880 --> 01:04:47,960
Speaker 3: I'm like, are you dude off of yeah?

1539
01:04:48,600 --> 01:04:49,760
Speaker 4: Like it's just be like you know what I made

1540
01:04:49,800 --> 01:04:51,840
Speaker 4: to be cool, like the kind of people you interact

1541
01:04:51,840 --> 01:04:52,560
Speaker 4: with and come across.

1542
01:04:52,560 --> 01:04:54,440
Speaker 3: And then to another thing about peer space.

1543
01:04:54,920 --> 01:04:56,760
Speaker 4: I feel like God put it in my life for

1544
01:04:56,840 --> 01:04:58,880
Speaker 4: me to be, you know, a testimony to a lot

1545
01:04:58,920 --> 01:05:00,200
Speaker 4: of the young guys. I get a lot out of

1546
01:05:00,280 --> 01:05:03,400
Speaker 4: Chicago rappers that'll come there. So when they see me,

1547
01:05:03,760 --> 01:05:05,640
Speaker 4: they see me look like this, you know what I mean.

1548
01:05:05,640 --> 01:05:07,680
Speaker 4: Sometimes I might spark up a smoke or something or whatever.

1549
01:05:07,680 --> 01:05:10,360
Speaker 3: They be like you own this. I'm like, yeah, this

1550
01:05:10,400 --> 01:05:10,560
Speaker 3: is me.

1551
01:05:10,600 --> 01:05:11,960
Speaker 4: I'm like I own the building in the front too,

1552
01:05:12,040 --> 01:05:15,360
Speaker 4: Like bruh how I'm like, man, just to play go

1553
01:05:15,480 --> 01:05:17,600
Speaker 4: through the NACA program. All this money you flashing in

1554
01:05:17,640 --> 01:05:21,120
Speaker 4: this video, like with that ship in an account, like

1555
01:05:21,200 --> 01:05:23,600
Speaker 4: you know what I'm saying, Like, build a relationship with

1556
01:05:23,640 --> 01:05:25,640
Speaker 4: a bank, like you know what I'm saying. They'll come

1557
01:05:25,640 --> 01:05:26,960
Speaker 4: in the house, they'll see you know what I mean,

1558
01:05:27,040 --> 01:05:29,440
Speaker 4: the CNBC, the stock market on They're like, Bro, you

1559
01:05:29,520 --> 01:05:32,760
Speaker 4: into this Like I know, I look like y'all, yes,

1560
01:05:32,840 --> 01:05:35,760
Speaker 4: but this is my lifestyle. Like I buy, I buy property,

1561
01:05:36,000 --> 01:05:38,120
Speaker 4: I invest in the stock market, I start businesses.

1562
01:05:38,200 --> 01:05:39,440
Speaker 3: I'm like, this is my clothing brands.

1563
01:05:39,520 --> 01:05:41,600
Speaker 4: You have a clothing bring yes, bro, Like I'm really

1564
01:05:41,640 --> 01:05:44,000
Speaker 4: out here, like going crazy all because of NAKA.

1565
01:05:44,160 --> 01:05:45,560
Speaker 3: Like it's just like.

1566
01:05:47,880 --> 01:05:51,600
Speaker 4: You feel me like like like respectfully humbly, like you

1567
01:05:51,600 --> 01:05:54,000
Speaker 4: know what I mean whole time Like yeah, y'all, and

1568
01:05:54,080 --> 01:05:55,640
Speaker 4: you can do the same thing. And when I talk

1569
01:05:55,720 --> 01:05:58,400
Speaker 4: to these guys like this, when I'm speaking their language

1570
01:05:58,440 --> 01:06:00,920
Speaker 4: and I'm speaking their lingo, they like, yo, I want

1571
01:06:00,920 --> 01:06:01,360
Speaker 4: to be like you.

1572
01:06:02,120 --> 01:06:02,840
Speaker 3: I'm doing this.

1573
01:06:02,760 --> 01:06:06,040
Speaker 4: Ship representation is like I'm doing this whole time thinking

1574
01:06:06,080 --> 01:06:07,400
Speaker 4: this is the only way for me to get rich.

1575
01:06:07,440 --> 01:06:10,040
Speaker 4: Here you are, you have thousands of people who follow

1576
01:06:10,080 --> 01:06:12,680
Speaker 4: you on Instagram. I'm trying to do everything that you're

1577
01:06:12,760 --> 01:06:16,560
Speaker 4: doing in a saturated lane, but here you are just

1578
01:06:16,600 --> 01:06:17,280
Speaker 4: flourishing in.

1579
01:06:17,240 --> 01:06:19,360
Speaker 3: Your own lane doing your thing Like yeah, bro.

1580
01:06:19,440 --> 01:06:21,960
Speaker 2: And you're not compromising. Who you are as a person,

1581
01:06:22,080 --> 01:06:23,920
Speaker 2: none of it all your safety, none of it. And

1582
01:06:24,000 --> 01:06:28,400
Speaker 2: it's important and the thing is so essentially So, you

1583
01:06:28,480 --> 01:06:32,160
Speaker 2: brought your first home with no money down, no money down,

1584
01:06:32,720 --> 01:06:38,560
Speaker 2: it's increased to a stand since you since you purchased it.

1585
01:06:38,920 --> 01:06:42,640
Speaker 2: You're getting seventeen hundred dollars positive cash flow and you're

1586
01:06:42,680 --> 01:06:45,520
Speaker 2: living there, Yes sir, So you're living for free, yes sir.

1587
01:06:45,920 --> 01:06:48,840
Speaker 2: And you've increased over the course of time equality. What

1588
01:06:49,280 --> 01:06:50,920
Speaker 2: are you just going to keep this forever.

1589
01:06:50,960 --> 01:06:53,480
Speaker 3: Or with the interest rates? Absolutely?

1590
01:06:54,320 --> 01:06:56,080
Speaker 4: Like I say that the most I'll do is a

1591
01:06:56,080 --> 01:06:58,320
Speaker 4: home maker line of credit to go and start reinvesting

1592
01:06:58,320 --> 01:06:59,720
Speaker 4: in more stuff. Like I said, I am sitting on

1593
01:06:59,720 --> 01:07:01,959
Speaker 4: the tone, love it, but like why sell a cash

1594
01:07:02,000 --> 01:07:04,360
Speaker 4: flow and asset in a great community like this thing

1595
01:07:04,400 --> 01:07:06,840
Speaker 4: is going to like the neighborhood is going to continue

1596
01:07:06,920 --> 01:07:10,000
Speaker 4: to go up like I have. I'm ten minutes fifteen

1597
01:07:10,040 --> 01:07:12,400
Speaker 4: minutes away from downtown. I have buses and trains that

1598
01:07:12,480 --> 01:07:15,480
Speaker 4: give you access to downtown. I have amazing schools in

1599
01:07:15,520 --> 01:07:20,080
Speaker 4: my neighborhood parks. I have churches, restaurants, anything, any amenity

1600
01:07:20,240 --> 01:07:23,880
Speaker 4: that a tenant could want, and the kind of amenities

1601
01:07:23,920 --> 01:07:25,920
Speaker 4: that make tenants want to stay.

1602
01:07:25,680 --> 01:07:26,760
Speaker 3: For a long period of time.

1603
01:07:26,840 --> 01:07:29,040
Speaker 4: I have those with my properties because I'm intentional about

1604
01:07:29,080 --> 01:07:30,280
Speaker 4: the neighborhoods that I buy in.

1605
01:07:30,320 --> 01:07:31,640
Speaker 3: Like this is why I tell people you need to

1606
01:07:31,680 --> 01:07:33,080
Speaker 3: have education and real estate.

1607
01:07:33,120 --> 01:07:35,760
Speaker 4: You can't just go and just like just cause you

1608
01:07:35,800 --> 01:07:38,080
Speaker 4: got approved for a loan like no, like no, like

1609
01:07:38,120 --> 01:07:41,360
Speaker 4: be intentional, be able to do neighborhood analysis understand Like okay,

1610
01:07:41,360 --> 01:07:43,000
Speaker 4: where are the good schools, where are the.

1611
01:07:42,920 --> 01:07:45,880
Speaker 3: People living at? Who have you know, good grocery stores?

1612
01:07:45,920 --> 01:07:48,640
Speaker 4: Where are the like nice parks that like, what access

1613
01:07:48,720 --> 01:07:50,760
Speaker 4: do I have to buses and trains to Whereas even

1614
01:07:50,800 --> 01:07:52,720
Speaker 4: if I am far away from somebody's jobs and they

1615
01:07:52,720 --> 01:07:55,120
Speaker 4: don't have a car, they can just take public transportation.

1616
01:07:55,240 --> 01:07:56,720
Speaker 3: These things are important to tenants.

1617
01:07:56,800 --> 01:08:00,360
Speaker 4: You can't when you're when you're investing in multi family least,

1618
01:08:00,640 --> 01:08:03,080
Speaker 4: you can't go and do what's best for you. You

1619
01:08:03,160 --> 01:08:05,280
Speaker 4: have to come from a tenant's perspective, like, Okay, if

1620
01:08:05,280 --> 01:08:07,800
Speaker 4: I was a tenant and I lived here, when I

1621
01:08:07,880 --> 01:08:08,680
Speaker 4: want to live here?

1622
01:08:08,720 --> 01:08:10,280
Speaker 3: And how long would I want to live here?

1623
01:08:10,840 --> 01:08:13,560
Speaker 1: So what's what's the what's the I'm sorry, what are

1624
01:08:13,560 --> 01:08:16,080
Speaker 1: the loan terms on it? Is it traditional?

1625
01:08:16,200 --> 01:08:18,840
Speaker 4: Like thirty years thirty year fixed right right thirty your

1626
01:08:18,840 --> 01:08:19,519
Speaker 4: fixed rights, bro.

1627
01:08:19,800 --> 01:08:23,840
Speaker 2: So you know Jamal King, Yes, mam man. So he

1628
01:08:23,920 --> 01:08:25,560
Speaker 2: used to be a cop on the South Side, and

1629
01:08:25,560 --> 01:08:26,840
Speaker 2: he was telling I remember the first time I was

1630
01:08:26,880 --> 01:08:28,200
Speaker 2: telling I was talking to him and he was like,

1631
01:08:28,240 --> 01:08:31,760
Speaker 2: you know, he's he stopped being a cop because he

1632
01:08:31,800 --> 01:08:34,519
Speaker 2: realized he can make more of an impact doing real estate.

1633
01:08:34,960 --> 01:08:36,720
Speaker 2: And he was like, when he was a cop, it's

1634
01:08:36,760 --> 01:08:43,559
Speaker 2: a it's a thing where your job is to be reactive. Whereas,

1635
01:08:43,640 --> 01:08:45,800
Speaker 2: all right, somebody comits a crime, now you arrest him,

1636
01:08:45,880 --> 01:08:50,160
Speaker 2: and it's like it's anover ending cycle. Right, But as

1637
01:08:50,200 --> 01:08:52,200
Speaker 2: a landlord and as a real estate investor, you get

1638
01:08:52,240 --> 01:08:56,639
Speaker 2: to be proactive, right and now you actually you can

1639
01:08:56,760 --> 01:08:59,840
Speaker 2: help change neighborhoods, You can educate people, You can change

1640
01:08:59,840 --> 01:09:02,479
Speaker 2: some why's life so they don't have to even be

1641
01:09:02,520 --> 01:09:05,200
Speaker 2: in a situation where you have to arrest arrest them. So,

1642
01:09:05,600 --> 01:09:08,920
Speaker 2: coming from Chicago, how important is it for you to

1643
01:09:09,520 --> 01:09:11,240
Speaker 2: ed you because obviously, you know when we hear Chicago,

1644
01:09:11,560 --> 01:09:15,759
Speaker 2: everybody you always thinking about drill music and gang violence

1645
01:09:15,840 --> 01:09:17,320
Speaker 2: and murders and all of that stuff.

1646
01:09:17,439 --> 01:09:19,040
Speaker 3: Block We're not from sixty third.

1647
01:09:19,680 --> 01:09:22,760
Speaker 2: Like just so, so if you think you think this

1648
01:09:22,800 --> 01:09:26,439
Speaker 2: is something that you know, the education can help can

1649
01:09:26,479 --> 01:09:31,559
Speaker 2: help change some of you know, the issues that are faced.

1650
01:09:31,600 --> 01:09:33,960
Speaker 4: I know it can because it helped me, Like the

1651
01:09:34,040 --> 01:09:38,679
Speaker 4: moment somebody told me about Knaka, the moment I found

1652
01:09:38,680 --> 01:09:41,639
Speaker 4: out about rich Dad Porter, at the moment I read

1653
01:09:41,760 --> 01:09:45,280
Speaker 4: money Master, the Game, mindset shift, the media, because now

1654
01:09:45,320 --> 01:09:47,000
Speaker 4: I don't have to fucking go out here and risk

1655
01:09:47,080 --> 01:09:49,720
Speaker 4: my life and do certain shit that I know that

1656
01:09:49,800 --> 01:09:51,879
Speaker 4: I don't really even want to do, but I honestly

1657
01:09:51,920 --> 01:09:53,559
Speaker 4: just don't know any better. Like this is what I

1658
01:09:53,600 --> 01:09:57,240
Speaker 4: know to survive now. I have alternative routes because somebody

1659
01:09:57,280 --> 01:09:59,800
Speaker 4: told me about it. I've been exposed to them. And

1660
01:10:00,240 --> 01:10:02,640
Speaker 4: ninety percent of the issue is exposure. We don't have

1661
01:10:02,680 --> 01:10:04,280
Speaker 4: exposure to any of this. Like I said, I was

1662
01:10:04,320 --> 01:10:07,719
Speaker 4: exposed to my friends going to the NBA college coaches,

1663
01:10:07,800 --> 01:10:10,680
Speaker 4: Lebron James, Like these are the things that made it

1664
01:10:10,760 --> 01:10:13,880
Speaker 4: like believable for me. Like I saw rich people, I

1665
01:10:13,920 --> 01:10:16,920
Speaker 4: saw wealthy people. I saw people who were doing things

1666
01:10:16,920 --> 01:10:19,519
Speaker 4: on a large scale. I saw my friends come from

1667
01:10:19,520 --> 01:10:23,439
Speaker 4: a small town in Maywood and go play for the

1668
01:10:23,479 --> 01:10:26,520
Speaker 4: biggest and the best coaches in the country, go win championships,

1669
01:10:26,520 --> 01:10:30,120
Speaker 4: with the Shannon played with Lebron and Kobe. He got

1670
01:10:30,200 --> 01:10:32,519
Speaker 4: drafted by Cleveland and won two championships with Kobe.

1671
01:10:33,040 --> 01:10:37,760
Speaker 3: Like that's like them and that's the crazy thing.

1672
01:10:37,760 --> 01:10:40,080
Speaker 4: Like he was neck and neck with Lebron in the

1673
01:10:40,200 --> 01:10:41,960
Speaker 4: All American Game, being the Jordan Game as far as

1674
01:10:42,000 --> 01:10:44,280
Speaker 4: points the dunk contest, like I think he had co

1675
01:10:44,400 --> 01:10:46,000
Speaker 4: MVP of the Jordan Game that year.

1676
01:10:46,040 --> 01:10:49,960
Speaker 3: Like that's like this exposure like what it did for.

1677
01:10:49,960 --> 01:10:53,240
Speaker 4: Me, man, it is just like it just changed my

1678
01:10:53,360 --> 01:10:56,160
Speaker 4: life because coming from where we come from, like you

1679
01:10:56,160 --> 01:10:58,360
Speaker 4: don't see it, you don't hear it, so to be

1680
01:10:58,479 --> 01:11:02,599
Speaker 4: around it and exposed to it's like like this is it.

1681
01:11:02,960 --> 01:11:05,000
Speaker 4: Like I don't have to settle for this. I don't

1682
01:11:05,040 --> 01:11:06,960
Speaker 4: have to be okay with this. I don't have to

1683
01:11:07,520 --> 01:11:09,080
Speaker 4: be this person, you know.

1684
01:11:09,080 --> 01:11:11,360
Speaker 3: What I mean? Like I have options now, and I

1685
01:11:11,360 --> 01:11:12,040
Speaker 3: feel like the.

1686
01:11:12,080 --> 01:11:16,080
Speaker 4: More kids in our communities see this and see people

1687
01:11:16,200 --> 01:11:19,800
Speaker 4: talk about it like intentionally, like aggressively, like how I

1688
01:11:19,840 --> 01:11:21,799
Speaker 4: talk like and I speak to them in they language,

1689
01:11:21,800 --> 01:11:24,960
Speaker 4: like you know what, it's just like that's life changing

1690
01:11:25,000 --> 01:11:26,640
Speaker 4: for a lot of people because it's like, yo, I

1691
01:11:26,640 --> 01:11:27,960
Speaker 4: don't have to go see your drugs.

1692
01:11:28,000 --> 01:11:28,559
Speaker 3: I don't have to.

1693
01:11:28,760 --> 01:11:31,720
Speaker 4: If I start this at eighteen nineteen years old, I

1694
01:11:31,840 --> 01:11:33,960
Speaker 4: start you can go get a knack of property working

1695
01:11:33,960 --> 01:11:37,360
Speaker 4: at McDonald's. As long as you can pay rent, you

1696
01:11:37,360 --> 01:11:39,240
Speaker 4: can pay your mortgage. Now, it may not be in

1697
01:11:39,240 --> 01:11:41,960
Speaker 4: the best neighborhood of ever, but it's ownership. It starts

1698
01:11:42,000 --> 01:11:43,800
Speaker 4: there and then you can take that little piece of

1699
01:11:43,840 --> 01:11:45,800
Speaker 4: property or whatever the case may be, in scale up

1700
01:11:45,800 --> 01:11:48,000
Speaker 4: from there. But if we don't know about ownership, we

1701
01:11:48,000 --> 01:11:50,280
Speaker 4: don't have any representation. We don't have anybody teaching us

1702
01:11:50,280 --> 01:11:52,280
Speaker 4: these things. We don't have anybody talking about these things.

1703
01:11:52,560 --> 01:11:53,519
Speaker 4: It's just kind of like.

1704
01:11:53,520 --> 01:11:56,280
Speaker 2: You said something I was extremely insightful. Just now, if

1705
01:11:56,280 --> 01:11:59,400
Speaker 2: you can pay rent, you can pay a mortgage. That's

1706
01:11:59,479 --> 01:12:01,760
Speaker 2: true because most of the time the rent is higher.

1707
01:12:02,360 --> 01:12:02,760
Speaker 1: Oh yeah.

1708
01:12:02,800 --> 01:12:05,000
Speaker 2: The problem that stops people from buying a home is

1709
01:12:05,000 --> 01:12:07,720
Speaker 2: a down payment. So there's dollars, you know that, But

1710
01:12:07,760 --> 01:12:09,960
Speaker 2: it's like the down payment. So it's like, if you're

1711
01:12:10,040 --> 01:12:13,080
Speaker 2: living in the Bronx, you might be paying nineteen hundred

1712
01:12:13,120 --> 01:12:16,200
Speaker 2: dollars a month for a one bedroom a and not

1713
01:12:16,280 --> 01:12:19,120
Speaker 2: a great neighborhood. You could you can you can go.

1714
01:12:19,040 --> 01:12:20,799
Speaker 3: Buy pretty in that same neighborhood.

1715
01:12:20,880 --> 01:12:24,679
Speaker 2: What'll stop you fifty thousand dollars sixty thousand down payment.

1716
01:12:25,200 --> 01:12:27,800
Speaker 2: So that's what stops a lot of people from ever

1717
01:12:27,960 --> 01:12:30,360
Speaker 2: buying a home, and they just stay on the on

1718
01:12:30,400 --> 01:12:35,040
Speaker 2: the rent path. That rent common to this is something

1719
01:12:35,040 --> 01:12:37,639
Speaker 2: that people don't fully understand. Rents not cheap at all,

1720
01:12:38,240 --> 01:12:38,720
Speaker 2: rent at all.

1721
01:12:39,240 --> 01:12:42,360
Speaker 4: Like I just told y'all my rents over here for

1722
01:12:42,400 --> 01:12:46,920
Speaker 4: a one bedroom in Chicago now eighteen hundred, two thousand dollars,

1723
01:12:46,960 --> 01:12:49,000
Speaker 4: like in this neighborhood and my other, in my other,

1724
01:12:49,160 --> 01:12:52,000
Speaker 4: my first property, I'm getting fourteen hundred, fifteen hundred for

1725
01:12:52,040 --> 01:12:52,920
Speaker 4: one to two bedrooms.

1726
01:12:52,960 --> 01:12:54,160
Speaker 3: Like that's a mortgage.

1727
01:12:54,560 --> 01:12:56,800
Speaker 1: Yeah, I know, people where we live right now. I mean,

1728
01:12:56,840 --> 01:12:58,760
Speaker 1: you're talking about twenty five hundred and three thousand dollars

1729
01:12:58,800 --> 01:13:01,439
Speaker 1: for a two bedroom. My mortgage is three thousand dollars

1730
01:13:01,439 --> 01:13:02,000
Speaker 1: for my house.

1731
01:13:02,120 --> 01:13:03,559
Speaker 3: And that's what I'm saying. I have a four unit

1732
01:13:03,600 --> 01:13:07,120
Speaker 3: and my mortgage is three thousand dollars. You feel what

1733
01:13:07,160 --> 01:13:07,559
Speaker 3: I'm saying.

1734
01:13:07,680 --> 01:13:10,840
Speaker 4: Real, that's oh, my first one mortgage twenty seven hundred dollars.

1735
01:13:10,840 --> 01:13:12,600
Speaker 4: On the second it's thirty five hundred dollars once you

1736
01:13:12,600 --> 01:13:15,280
Speaker 4: factor in the taxes and insurance and stuff. But like bro,

1737
01:13:15,560 --> 01:13:17,880
Speaker 4: like I'm hearing people say they pay this in rent,

1738
01:13:18,080 --> 01:13:21,920
Speaker 4: Like so not only is my mortgage that, but I

1739
01:13:21,960 --> 01:13:24,320
Speaker 4: don't even pay it. Somebody else pay it and I

1740
01:13:24,320 --> 01:13:26,880
Speaker 4: got and I'm getting paid off of that mortgage. So

1741
01:13:26,920 --> 01:13:28,760
Speaker 4: it's like, man, at this point, like we don't got

1742
01:13:28,760 --> 01:13:32,519
Speaker 4: no excuses, y'all. Like I said, I started at twenty

1743
01:13:32,520 --> 01:13:35,040
Speaker 4: six thousand dollars a year after taxes, Mom and daddy

1744
01:13:35,080 --> 01:13:37,080
Speaker 4: did dope, like just all of these different things like,

1745
01:13:37,200 --> 01:13:40,800
Speaker 4: ain't no excuses out here, bro, Like it's none like

1746
01:13:40,920 --> 01:13:41,640
Speaker 4: Zebra when like.

1747
01:13:41,640 --> 01:13:43,599
Speaker 3: When I hear people make excuses, bro, like that shit

1748
01:13:43,640 --> 01:13:44,240
Speaker 3: burned me up.

1749
01:13:44,280 --> 01:13:46,120
Speaker 4: Cause it's like, bro, like I come from this shit

1750
01:13:47,360 --> 01:13:49,400
Speaker 4: like I didn't watch like you know what I'm saying,

1751
01:13:49,439 --> 01:13:51,519
Speaker 4: a lot of foul last shit, a lot of traumatic

1752
01:13:51,520 --> 01:13:54,160
Speaker 4: stuff in my life, and it's just like you making

1753
01:13:54,240 --> 01:13:57,120
Speaker 4: excuses for them, like I ain't have my mama or

1754
01:13:57,120 --> 01:13:59,640
Speaker 4: my daddy yo og raised you like you make an

1755
01:13:59,680 --> 01:14:02,320
Speaker 4: excuse just like boys stop playing with me.

1756
01:14:02,520 --> 01:14:02,800
Speaker 2: Swap.

1757
01:14:02,840 --> 01:14:05,719
Speaker 1: Representation is important, man, So yeah, shout to you, Shout

1758
01:14:05,720 --> 01:14:09,120
Speaker 1: out to the hostess. Got Ross back out there. We

1759
01:14:09,200 --> 01:14:10,360
Speaker 1: got Mobile.

1760
01:14:10,240 --> 01:14:14,519
Speaker 4: League out there because they're like we've like so myself

1761
01:14:14,560 --> 01:14:17,640
Speaker 4: for Shauna and Mobile Home Elite have formed a partnership

1762
01:14:17,800 --> 01:14:19,759
Speaker 4: to where it's like we just putting on for the city.

1763
01:14:19,760 --> 01:14:24,439
Speaker 4: We have the meetups, We've started a business. We're gonna

1764
01:14:24,720 --> 01:14:27,599
Speaker 4: host a Mastermind here soon. Man. Like we've just really

1765
01:14:27,680 --> 01:14:30,920
Speaker 4: like just decided to just like take initiative and just

1766
01:14:30,960 --> 01:14:33,559
Speaker 4: like you know, be the driving force of financial literacy,

1767
01:14:33,640 --> 01:14:37,040
Speaker 4: real estate, et cetera in the city because we've grown

1768
01:14:37,560 --> 01:14:40,080
Speaker 4: to the point where our brands are big enough to

1769
01:14:40,120 --> 01:14:44,840
Speaker 4: do it. And then if we collaborate on this, the

1770
01:14:45,479 --> 01:14:48,479
Speaker 4: competition like the next meetup, it's us. And then we

1771
01:14:48,520 --> 01:14:50,880
Speaker 4: reached out to Jamal, Jamal gonna show up. It's just

1772
01:14:50,880 --> 01:14:53,479
Speaker 4: like every we be so divided. A lot of times

1773
01:14:53,520 --> 01:14:55,080
Speaker 4: we don't even realize. Man, A lot of stuff just

1774
01:14:55,080 --> 01:14:56,960
Speaker 4: be a phone call away, you know what I'm saying.

1775
01:14:57,000 --> 01:14:58,360
Speaker 4: But it show the way you think, kind of like

1776
01:14:58,439 --> 01:15:00,080
Speaker 4: mess a lot of that up. But like we like

1777
01:15:00,439 --> 01:15:01,920
Speaker 4: swept all of them the rook Like, yeah, we going

1778
01:15:02,000 --> 01:15:02,519
Speaker 4: to get to it.

1779
01:15:02,760 --> 01:15:05,360
Speaker 1: And representation is important and also is documenting the process.

1780
01:15:05,439 --> 01:15:05,639
Speaker 3: Yeah.

1781
01:15:05,800 --> 01:15:07,800
Speaker 1: So I want to talk about landlord life man.

1782
01:15:08,120 --> 01:15:11,760
Speaker 4: So yeah, Man, I have a series on YouTube called

1783
01:15:11,760 --> 01:15:14,439
Speaker 4: a Landlord Life. I'm just big on creating content in general.

1784
01:15:14,520 --> 01:15:17,439
Speaker 4: I've been documenting my process in twenty fifteen, and it's crazy.

1785
01:15:17,479 --> 01:15:21,400
Speaker 4: When I found y'all, I had a series called The

1786
01:15:21,439 --> 01:15:23,880
Speaker 4: Renaissance Support and it was I was trying to do

1787
01:15:23,920 --> 01:15:26,479
Speaker 4: what y'all doing right now. But I spent way too

1788
01:15:26,520 --> 01:15:28,200
Speaker 4: much money on this shit. Right, Like I spent like

1789
01:15:28,240 --> 01:15:30,160
Speaker 4: fifteen thousand dollars producing five.

1790
01:15:30,000 --> 01:15:32,320
Speaker 3: Episodes, right, I had skits and.

1791
01:15:32,240 --> 01:15:35,320
Speaker 4: I've rented out like this big like like acting studio

1792
01:15:35,360 --> 01:15:37,400
Speaker 4: in Chicago and shit, and it was just like ridiculous,

1793
01:15:37,400 --> 01:15:39,400
Speaker 4: Like I had some fire guests on it and everything.

1794
01:15:39,640 --> 01:15:41,480
Speaker 3: But like once I looked at my budget.

1795
01:15:41,240 --> 01:15:46,960
Speaker 4: Like you can't cheap well, so open close and like

1796
01:15:47,120 --> 01:15:49,879
Speaker 4: it just it just showed me, like people love content.

1797
01:15:50,040 --> 01:15:52,120
Speaker 3: People love that series. People love that show. And then

1798
01:15:52,160 --> 01:15:54,719
Speaker 3: like I just started building content around everything I'm.

1799
01:15:54,560 --> 01:15:57,120
Speaker 4: Doing the Landlord Life. And The Landlord Life is not

1800
01:15:57,200 --> 01:16:00,040
Speaker 4: a fun series. I make it fun, but man, everything

1801
01:16:00,080 --> 01:16:01,800
Speaker 4: that you're going to see on that series on my

1802
01:16:01,880 --> 01:16:08,120
Speaker 4: YouTube channel is leaky roofs, plumbing issues toilets just you

1803
01:16:08,160 --> 01:16:11,040
Speaker 4: know what I mean, HVA systems going bad. Like I'm

1804
01:16:11,080 --> 01:16:14,519
Speaker 4: showing you guys all of everything that I'm dealing with

1805
01:16:14,560 --> 01:16:15,160
Speaker 4: as a landlord.

1806
01:16:15,160 --> 01:16:17,280
Speaker 3: We got three seasons over forty episodes.

1807
01:16:17,360 --> 01:16:19,960
Speaker 4: I think the only good episode is me telling people

1808
01:16:20,000 --> 01:16:22,000
Speaker 4: one of my tenants is the owner of a popular

1809
01:16:22,040 --> 01:16:23,640
Speaker 4: shoe bou teak in Chicago.

1810
01:16:23,280 --> 01:16:24,559
Speaker 3: So I got a plug on the shoot.

1811
01:16:25,160 --> 01:16:28,040
Speaker 4: But outside of that, ain't no real benefits to like,

1812
01:16:28,120 --> 01:16:30,439
Speaker 4: you know what I'm saying, managing your own properties on

1813
01:16:30,479 --> 01:16:31,519
Speaker 4: the day to day, you know what I mean. I

1814
01:16:31,520 --> 01:16:33,280
Speaker 4: want you all to understand this now, it's gonna be

1815
01:16:33,280 --> 01:16:35,080
Speaker 4: beneficial on the back end, of course, you know what

1816
01:16:35,080 --> 01:16:36,920
Speaker 4: I mean, when you cash out and you know what

1817
01:16:36,920 --> 01:16:39,640
Speaker 4: I mean, you getting your cash flow. But some of

1818
01:16:39,640 --> 01:16:41,760
Speaker 4: the stuff that you're dealing with, it's real, it's not

1819
01:16:42,040 --> 01:16:44,719
Speaker 4: it's not Hollywood, it's not Instagram, it's.

1820
01:16:44,600 --> 01:16:45,360
Speaker 3: Not you know what I mean.

1821
01:16:45,439 --> 01:16:47,799
Speaker 4: Pulling up the lambow to the front of the property

1822
01:16:47,840 --> 01:16:50,880
Speaker 4: with your Gucci's on. It's like, nah, boy, you're gonna

1823
01:16:50,920 --> 01:16:53,200
Speaker 4: be fucking around walking in poop water sometimes, Like it's

1824
01:16:53,200 --> 01:16:54,720
Speaker 4: just gonna be that, And like, you know what I mean,

1825
01:16:54,760 --> 01:16:56,720
Speaker 4: you gotta understand what you getting into when you get

1826
01:16:56,760 --> 01:16:58,479
Speaker 4: into it. But at the end of the day, what

1827
01:16:58,560 --> 01:17:01,880
Speaker 4: I'll always tell people, it's not easy, but it's definitely

1828
01:17:01,880 --> 01:17:03,720
Speaker 4: gonna be worth it. And like I said, I haven't

1829
01:17:03,760 --> 01:17:06,720
Speaker 4: worked since two thousand and fifteen, Like I've just really

1830
01:17:06,800 --> 01:17:09,800
Speaker 4: been out here moving around and networking and building relationships.

1831
01:17:09,840 --> 01:17:11,200
Speaker 1: A long way from a cubicle, bro.

1832
01:17:11,560 --> 01:17:12,880
Speaker 2: So what's next for you? I know you got the

1833
01:17:13,000 --> 01:17:15,000
Speaker 2: education as well, took everything else you got.

1834
01:17:15,280 --> 01:17:17,920
Speaker 4: So I host a monthly webinar I called Navigating NAKA

1835
01:17:17,960 --> 01:17:20,439
Speaker 4: where I pretty much teach the NACA play because again,

1836
01:17:20,600 --> 01:17:23,080
Speaker 4: NAKA can't tell y'all a lot of the stuff that

1837
01:17:23,120 --> 01:17:25,240
Speaker 4: I can tell y'all because they're not allowed to kind

1838
01:17:25,240 --> 01:17:26,960
Speaker 4: of like steer you in a particular direction.

1839
01:17:27,040 --> 01:17:28,000
Speaker 3: I don't work for NAKA.

1840
01:17:28,200 --> 01:17:30,080
Speaker 4: I'm not an agent, I'm not any of that, so

1841
01:17:30,120 --> 01:17:31,640
Speaker 4: I can kind of like give you to play how

1842
01:17:31,840 --> 01:17:33,320
Speaker 4: I need to give you to play how I ran

1843
01:17:33,360 --> 01:17:36,800
Speaker 4: to play. So that's been doing extremely well. My NAVIGATINGNACA

1844
01:17:36,840 --> 01:17:39,280
Speaker 4: webinar has been helping people like get their mindset right

1845
01:17:39,320 --> 01:17:41,840
Speaker 4: and just like really understand the process and importance of

1846
01:17:41,960 --> 01:17:44,600
Speaker 4: going through this program. In addition to that, man, I

1847
01:17:44,640 --> 01:17:47,920
Speaker 4: got my merch mindset matters. This is a design. Books

1848
01:17:47,920 --> 01:17:50,400
Speaker 4: are the keys that I'm trying to get into the schools,

1849
01:17:50,680 --> 01:17:52,680
Speaker 4: like when they have like book Week and like you know,

1850
01:17:52,760 --> 01:17:55,120
Speaker 4: different stuff like that. And I own this. I got

1851
01:17:55,200 --> 01:17:57,840
Speaker 4: this trademarked and everything. So just like just really growing

1852
01:17:57,880 --> 01:17:58,280
Speaker 4: my brand.

1853
01:17:58,280 --> 01:17:58,439
Speaker 3: Bro.

1854
01:17:58,520 --> 01:18:00,840
Speaker 4: I got a book that I've been a molding and

1855
01:18:01,000 --> 01:18:04,200
Speaker 4: just traveling around speaking renaissances. Five step guid on getting

1856
01:18:04,200 --> 01:18:07,280
Speaker 4: your shit together, and that book is pretty much my

1857
01:18:07,360 --> 01:18:10,519
Speaker 4: blueprint and everything that I did to get my mind

1858
01:18:10,600 --> 01:18:13,519
Speaker 4: right before I got started in real estate and financial

1859
01:18:13,520 --> 01:18:16,880
Speaker 4: literacy and all that, just you know, self evaluation, understanding

1860
01:18:16,920 --> 01:18:18,479
Speaker 4: that I was in my own way, you know what

1861
01:18:18,520 --> 01:18:21,320
Speaker 4: I mean, Understanding the power of my mind and words,

1862
01:18:21,360 --> 01:18:23,080
Speaker 4: Knowing that the way that I speak to myself and

1863
01:18:23,120 --> 01:18:25,599
Speaker 4: the words that I put into the universe are extremely important.

1864
01:18:25,960 --> 01:18:27,360
Speaker 3: It's a really really dope book.

1865
01:18:27,400 --> 01:18:29,200
Speaker 4: It's a real quick short read, and I got some

1866
01:18:29,240 --> 01:18:31,120
Speaker 4: dope interviews in there from some of my homies.

1867
01:18:31,600 --> 01:18:32,280
Speaker 3: I think y'all know.

1868
01:18:32,360 --> 01:18:34,280
Speaker 4: Read a new Face She'd be with Dame dash Alot,

1869
01:18:34,280 --> 01:18:36,840
Speaker 4: she from Chicago, got an interview with her, and yeah,

1870
01:18:36,920 --> 01:18:40,280
Speaker 4: interview with my homie Code Sign, interview with my homie,

1871
01:18:40,400 --> 01:18:43,200
Speaker 4: my little cousin, dj Orio who chanced the rappers DJ

1872
01:18:43,360 --> 01:18:44,360
Speaker 4: and like just doing a lot.

1873
01:18:44,280 --> 01:18:44,760
Speaker 3: Of dope shit.

1874
01:18:44,840 --> 01:18:46,840
Speaker 4: So the book is dope, Like I say, man, just

1875
01:18:46,880 --> 01:18:48,720
Speaker 4: really trying to like scale and grow my brand, like

1876
01:18:48,760 --> 01:18:50,920
Speaker 4: just following y'all blueprint for real, for real. Just like

1877
01:18:51,160 --> 01:18:53,120
Speaker 4: I see all of the stuff that y'all doing, and

1878
01:18:53,160 --> 01:18:55,080
Speaker 4: it's just like I really just like try to mimic it,

1879
01:18:55,120 --> 01:18:56,800
Speaker 4: Like all right, cool to merge, you know what I'm saying, mother,

1880
01:18:56,800 --> 01:18:59,680
Speaker 4: it's traveling, doing speaking, networking, help and adding value to

1881
01:18:59,680 --> 01:19:01,840
Speaker 4: people's honestly, Like when it comes to this, like y'all

1882
01:19:01,840 --> 01:19:04,000
Speaker 4: are the blueprint for real, for real. So it's like

1883
01:19:04,240 --> 01:19:07,559
Speaker 4: I don't try to like go and reinvent the wheel.

1884
01:19:07,840 --> 01:19:09,559
Speaker 3: It's just kind of like, no, you see what they do.

1885
01:19:09,720 --> 01:19:12,680
Speaker 3: It's just like just do what they doing, you know

1886
01:19:12,680 --> 01:19:13,559
Speaker 3: what I'm saying. They winning.

1887
01:19:13,600 --> 01:19:15,760
Speaker 4: So it's like if you see Warren Buffett investing in

1888
01:19:15,760 --> 01:19:17,320
Speaker 4: apple stock or whatever, It's like why would I go

1889
01:19:17,400 --> 01:19:19,000
Speaker 4: and try to figure all this out when I could

1890
01:19:19,000 --> 01:19:20,920
Speaker 4: just do what Warren Buffett's doing on a smaller scale.

1891
01:19:21,080 --> 01:19:23,280
Speaker 2: Fact, you know, it's like smart man.

1892
01:19:25,120 --> 01:19:25,240
Speaker 1: Like.

1893
01:19:25,280 --> 01:19:27,479
Speaker 4: So that's what I'm saying, Like people over complicate things

1894
01:19:27,520 --> 01:19:29,719
Speaker 4: a lot of time. It's like the richest and the best,

1895
01:19:29,760 --> 01:19:31,840
Speaker 4: I'm going to do whatever they're doing. So when I

1896
01:19:31,880 --> 01:19:35,080
Speaker 4: hear Warren doing something, when I hear motherfucking y'all doing something.

1897
01:19:35,120 --> 01:19:37,040
Speaker 4: When I hear Ian doing something, when I hear you

1898
01:19:37,080 --> 01:19:38,840
Speaker 4: know what I'm saying, Bill Gates doing something?

1899
01:19:38,920 --> 01:19:39,439
Speaker 3: All right? Cool?

1900
01:19:39,439 --> 01:19:41,240
Speaker 4: How can I apply this to whatever it is that

1901
01:19:41,280 --> 01:19:44,000
Speaker 4: I'm doing. That's how you simplify your life?

1902
01:19:44,520 --> 01:19:46,760
Speaker 2: All right, brother, It's been a pleasure, man. How can

1903
01:19:46,760 --> 01:19:48,400
Speaker 2: they follow you? What's your social media?

1904
01:19:48,680 --> 01:19:48,800
Speaker 1: Man?

1905
01:19:49,640 --> 01:19:53,280
Speaker 4: At Renaissance one, two five across all social media platforms.

1906
01:19:53,320 --> 01:19:56,840
Speaker 4: My website is www dot the Renaissance dot com. Now

1907
01:19:56,840 --> 01:20:00,160
Speaker 4: you can get merch, books, you know, courses, everything that

1908
01:20:00,479 --> 01:20:02,880
Speaker 4: is Renaissance, Troy Housekeeping, idols.

1909
01:20:02,960 --> 01:20:05,559
Speaker 1: Yeah, shout out to everybody on patreon dot com, all

1910
01:20:05,560 --> 01:20:08,120
Speaker 1: our earnest dead, everybody in eyl University. Shout out to

1911
01:20:08,160 --> 01:20:10,720
Speaker 1: the entire city of Chicago. Like Shoddy said, we will

1912
01:20:10,760 --> 01:20:14,160
Speaker 1: be back in Chicago for Market Monday's Live in October.

1913
01:20:14,240 --> 01:20:16,519
Speaker 1: The date to be announced. It's going to be a

1914
01:20:16,520 --> 01:20:18,080
Speaker 1: special one. But I just want to shout the whole

1915
01:20:18,200 --> 01:20:19,960
Speaker 1: every time we go there. There's so much love out there,

1916
01:20:20,400 --> 01:20:22,200
Speaker 1: and shout out to you for supporting us in our

1917
01:20:22,240 --> 01:20:24,479
Speaker 1: merch and all our endeavors. Man, y'all showed us so

1918
01:20:24,560 --> 01:20:27,360
Speaker 1: much love. We can only say thank you to put

1919
01:20:27,360 --> 01:20:29,080
Speaker 1: so many times, but we greatly appreciated.

1920
01:20:29,640 --> 01:20:32,839
Speaker 2: Uh yeah, yeah, shout out at Chicago. Get your tickets

1921
01:20:32,840 --> 01:20:35,320
Speaker 2: to market Monday's Live. It's going to be a vibe

1922
01:20:35,800 --> 01:20:38,120
Speaker 2: and uh yeah man, thank you guys rocking with us.

1923
01:20:38,120 --> 01:20:39,240
Speaker 2: We'll see you next week. Peace.

1924
01:20:39,320 --> 01:20:39,639
Speaker 1: Peace.

1925
01:20:40,040 --> 01:20:43,719
Speaker 7: An illegal alien from Guatemala charged with raping a child

1926
01:20:43,720 --> 01:20:47,520
Speaker 7: in Massachusetts. An MS thirteen gang member from Al Salvador

1927
01:20:47,800 --> 01:20:51,920
Speaker 7: accused of murdering a Texas man of Venezuelan charged with

1928
01:20:52,000 --> 01:20:55,880
Speaker 7: filming and selling child pornography in Michigan. These are just

1929
01:20:55,960 --> 01:20:59,639
Speaker 7: some of the heinous migrant criminals caught because of President

1930
01:20:59,720 --> 01:21:03,360
Speaker 7: Donald J. Trump's leadership. I'm Christy nom the United States

1931
01:21:03,360 --> 01:21:08,160
Speaker 7: Secretary of Homeland Security. Under President Trump, attempted illegal border

1932
01:21:08,200 --> 01:21:11,760
Speaker 7: crossings are at the lowest levels ever recorded, and over

1933
01:21:11,800 --> 01:21:15,040
Speaker 7: one hundred thousand illegal aliens have been arrested. If you

1934
01:21:15,080 --> 01:21:18,960
Speaker 7: are here illegally, your next you will be fine nearly

1935
01:21:19,040 --> 01:21:23,040
Speaker 7: one thousand dollars a day, imprisoned and deported, you will

1936
01:21:23,080 --> 01:21:26,720
Speaker 7: never return. But if you register using our CBP home

1937
01:21:26,760 --> 01:21:30,160
Speaker 7: app and leave now, you could be allowed to return legally.

1938
01:21:30,520 --> 01:21:35,280
Speaker 7: Do what's right. Leave now. Under President Trump America's laws,

1939
01:21:35,439 --> 01:21:37,240
Speaker 7: border and families will

1940
01:21:37,280 --> 01:21:40,120
Speaker 1: Be Protected sponsored by the United States Department of Homeland Security,