February 14, 2025 • 47 mins
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Speaker 1 (00:01):
Welcome to the Professionals Real Estate
Investing Podcast.
I'm with the gentleman, the oneand only Rocky.
How are you doing today, rocky?
I am good man.
Thanks for having me.
Oh, no problem, long time,we're in the new year, 2025.
I've already got some episodesready to come out with some
heavy hitters.
I've got a gentleman coming outfrom Utah, another gentleman
(00:25):
from Manhattan, new York the bigapple and I have another one
coming out.
I got a few more episodes that Ihave planned out for next week,
so I'm definitely going to beputting it on the YouTube
channel, the podcast stationsall over from Apple to Spotify.
So, yes, this is the firstepisode for this year 2025.
(00:47):
And me and Rocky are going totalk about the top easiest ways
to get into real estateinvesting.
So I know a lot of people whowant to get into real estate
investing and they don't knowhow to go about getting into
real estate investing.
To first off, I would say is toget your mind right, because
the mindset is going to be ahuge influence of how you're
(01:09):
going to go about doing this,because this is not a short game
.
This is a long game when itcomes to real estate investing.
And then your reason why ingetting into it.
I know a lot of people get intoit because they're tired of a
nine to five job or they want tobuild up more capital so
they're more secure in thefuture to come, so they don't
have to worry about their 401kor 403k.
Speaker 2 (01:32):
Yeah, relying on these traditional ways of
retirement money and savingslike that, exactly exactly.
Speaker 1 (01:38):
And I've always said that the reason why I got into
real estate investing the twoconcepts is God's not making any
more land and God's not makingany more dirt.
So I've always those twosayings right there has always
got me into, always talk aboutthis thing, about real estate
investing.
So number one is no particularorder, we're just going to do.
(02:01):
10 is a house hacking.
So it said, buy multifamilyproperty.
When it comes to maybe a duplex, triplex or fourplex, live in
one unit and rent the others tocover your mortgage.
Speaker 2 (02:14):
That concept is pretty legit when you think
about it right there, man, if Iwere to have my mind in real
estate when I was younger it'sso much easier when you're
younger no, you know.
No girlfriend, no kids, no bigresponsibilities.
Oh, maybe I'm a girlfriend, no,but like I had so many guys,
but we can, we can.
I could have easily, easily gota home.
(02:38):
No, there had to be nothingcrazy or big and rent that
sucker out to my crazy or bigand rent that sucker out to my
buddies.
Right, he lived there.
I'm like damn, could have donethat if they had that sucker
paid off or dang near paid off,had equity in it and just
started making moves that way.
But man, just not thinking that, thinking that way, um, kind of
set set me back.
But you can still do it.
(02:58):
You can still do it now.
I know people that bought abouthomes now like literally 2024,
2025 or 2024, 2023, and they'rerenting a room out, you know, to
help cover the high interestrate, the big mortgage payment,
whatever like that.
They're still doing it now.
They got family and kids, sopeople are still doing it.
It just I wish I would havedone it right in the beginning.
Speaker 1 (03:23):
But it all, it always will be there and, like it says
, it's so easy.
What what's needed?
Low down payment.
The options is the fha loan orva loan, and you can live in the
property while building equity.
Speaker 2 (03:35):
Yeah, so that's like a two for one right there and
I'm building equity, too, in theproperty that I own yeah, and
then having friends or familylive there, yeah, and hopefully
they behind paying the rent ontime too.
Yeah, well, the only thing Ithought about was like, okay, I
would rent to friends and family, for sure.
I didn't want to rent to justanybody, right?
I didn't want to put an ad oncraigslist and just whoever
(03:58):
shows up, and I just just likethere was.
So like in my mind when Istarted thinking about it I was
like, oh, I think that's a greatidea.
But say, if you had like afurnished full like basement
with the bathroom and stuff likethat, even kitchenette, like
you never have to see them, andI'm like, oh, that's a great
option.
But if you have someone thatjust rent a room, you know you
(04:20):
gotta see them in the bathroom.
You gotta see them in thekitchen.
They're gonna be wanting tohang them in the bathroom.
You got to see them in thekitchen.
They're going to want to hangout in the living room.
So you got to always be awareabout that kind of stuff.
Speaker 1 (04:28):
Yes, Number two buy a rental property.
Purchase a family single familyhome or small multifamily
property and rent it out forpassive income.
Why is it so easy?
Well, it says long-termappreciation, stable rental
income, financial options likeconventional or FHA loans and
(04:52):
with any of these, especiallythe house hacking and buy a
rental property.
This, actually, if you'restarting this, you're starting
your own portfolio when it comesto real estate investing.
Speaker 2 (05:03):
Yeah.
Speaker 1 (05:03):
Because they always say the first one's always the
hardest, and then after that,then everything starts rolling.
Speaker 2 (05:10):
I even say, when you buy your first home, they say,
oh, you buy a rental property orinvestor.
Your first home is technicallyyour first rental, yes, right.
Or your first, not rental butinvestor property, because if
you keep living there and you'repaying on it, you can build
equity yes, right.
Or your first, not rental, butinvestment property If you keep
living there and you're payingon it, you can build equity.
You can sell it with profit.
(05:32):
It's an investment property,for sure.
I know a lot of people are like,oh, if the AC goes out, you got
to pay for it, for sure.
But hopefully, if your plan,the goal, is you buy your house,
hey, I'm going to rent thesucker out one day or sell it
one day.
You know, if you rent it out,buy it in five years, rent it
out and you had all these majorthings like a new roof, ac and
(05:53):
stuff like that.
Just know, when you rent it out, it's going to have all no
issues with that kind of stuff.
Even if you buy a rentalproperty, yeah Right.
Even if you buy a rentalproperty, yeah right, even by a
rental property, you're stillgoing to have to deal with all
that stuff regardless.
So you, I feel like your first,your first property that you
buy, regardless it's going to berental property, your main one
(06:13):
that's still going to be aninvestment you know what I mean
and I was thinking too, justwhen you said about the equity,
a lot of it.
Speaker 1 (06:19):
They'll build up the equity so much that what that
they'll get another property offthe equity that's what my plan
is right now I'm my.
Speaker 2 (06:28):
My plan right was to save money, my own hard-earned
earned cash money.
But now is he gonna do fun,like life happens, on the?
The money I built up getsknocked down because of this and
that or whatever.
But now I have equity in myhome enough to where I know,
like you know what, you can'treally make these big moves or
(06:48):
moves like these without money.
Right, and they, you know, Ithink we talked about, we're
going to talk about this, but,like man, you gotta get money
somewhere.
Speaker 1 (06:58):
Yeah you gotta get somewhere.
Speaker 2 (06:59):
You have to get a plan together, because if
someone just offered you ahundred, like hey, it's a
hundred thousand dollars, youknow you got a year to with it,
you know what are you gonna doand like, oh man, people will
probably pay their bills off.
Put data up hell debt, pay thedebt off, going on vacation or
whatever.
Like me, man, give me a hundredthousand dollars, I'll have a
(07:21):
running property, I'll pay themback I'm gonna turn.
Speaker 1 (07:24):
I'm gonna turn this water into wine real fast, yeah
yeah, I can have a four-plex.
Speaker 2 (07:29):
Now I'm paying back.
You take.
You take monthly installmentsback, because I can make that
happen oh goodness, all right.
Speaker 1 (07:37):
Number three real estate investment trusts, which
is better known as ritz,r-e-e-i-t-s.
Those are you invest inpublicly traded real estate
companies that own incomeproducing properties.
And why is it so easy?
No need to manage propertiesand you can start with a small
amount of money, like buyingstocks, because that's what they
(08:00):
are.
I have noticed that with theRITS, because I've actually
studied ritz a lot it actuallyis that their, their properties,
that, um, they're public,they're publicly traded on the
stock market and then, like theydo, they do appreciate in value
.
Yeah, because, why?
Because people are living in ityeah.
Speaker 2 (08:18):
So it's like a syndication now, like it's,
you're just getting a piece ofit.
Yeah, you're getting a piece ofthe pie.
That's the property goes up.
You can, you will sell out yourstocks or your share of it.
Speaker 1 (08:28):
Yeah, and some of them don't even have portfolios
of what their projection is forhow many years.
Yeah, yeah, yeah, and then howmuch, how much, how much capital
that they should, at the end ofthe time, gain.
So it's actually it's a fairlyit's actually a fairly
interesting how it's done.
There's certain platforms thatI know.
It's Roots, fundrise.
(08:51):
Those are two big places wherethey do the RITs on.
But there's other companies outthere too.
You actually can, if you haveFidelity or Morgan Stanley, you
actually can.
Or you can Google what Ritzwhich ones are, the top 10, top
20.
You can Google and see whereit's at.
(09:12):
You actually can get aportfolio of how they've gone
about doing it the past five to10 years and see if it's worthy
enough to put your money intoRitz.
Speaker 2 (09:22):
Yeah, I think I did that.
I think I did that.
As far as stocks andintourances, and you know, with
any kind of stock you're buying,you know you're always just
going to watch it.
Oh, yes, risk went up and down,up and down, like the house
buying crash.
Everything went down.
You should have bought becauseit back up again tenfold.
Right, I think the house was uplike 40, 60 percent.
(09:44):
Uh, you know, are selling,selling for food, probably 34
percent of their asking or notasking price, but the home value
in the beginning, yeah, but uh,yeah, yeah, definitely, I
thought I did it too.
I did it too, but like I didthe stock, the stock way with,
uh, I think I went to fidelity,yeah, yeah, the fidelity stock
(10:05):
and, um, I didn't see too muchincrease again.
It's just like the stocks if itwent up, cool.
If it went down.
You know, that's basically howit went.
That's how my experience waswith it, because I didn't do
like, I didn't go actually into,like, the study about, like
everything, what's going on withthe company.
(10:26):
Everything is more like, oh,these, these numbers look good,
the data looks good, you know.
So that's my fault, but yeah, Idid that.
Speaker 1 (10:36):
Number four this, this is I got Mark's thing right
here.
Yeah, it's fine Off marketdeals, get them under contract,
assign the contract to aninvestor for a fee.
And why is it so?
Easy, requires little to nofront capital and can generate
quick profits without owningproperty.
So you're just going out theresearching for property that
(10:58):
looks bombed and depleted,sometimes like even the dirt,
like that I have right now.
I'm dealing with the propertywith the gentleman where he has
a house.
It's funny this is a quickstory he has a house, but the
house has no foundation.
In words, yeah, yes, no, foundit has.
(11:19):
No, it has no permanentconcrete slab.
Okay, so it's a, it's a, it'sdefinitely a house, but it has
no permanent concrete slab.
Okay, so it's definitely ahouse, but it has no foundation.
Speaker 2 (11:28):
So is it on bricks right now, or something?
Speaker 1 (11:30):
I never went inside of it because I, literally, if
we sneezed the structure,probably would fall down.
Speaker 2 (11:36):
Hey, yeah, that woman knocked that sucker down, yeah.
Speaker 1 (11:39):
And I mean asbestos, like crazy on it too oh no yeah.
Like the shingles andeverything it's like it's really
hazardous to your.
Yeah, so, um, the dirt with thepart where the property's at is
way more expensive than thanthat the structured house.
Yeah, yeah, so it sometimes belike that.
Speaker 2 (12:00):
Sometimes I tell people a word, especially when
it comes to um, either,wholesaling, no matter what you
do in real estate, it's allabout location, location I was
gonna say, man, you just there'slocations right now in our
little area with uh that thatburnt down a couple years ago,
yeah, and there's still some.
For, let's say, a nice littleone acre property.
(12:21):
It's saying for I don't knowwhat 50, 60k or something like
that, these these propertiesover here are still just the
dirt itself.
It still has, um, you know,your plumbing is still hooked up
to it and everything.
But, man, it's they're sayingfor 100, 150, 175k.
Still like, oh, there's nohouse on here, there's nothing
on this, nothing, and it's stillover 100k plus.
(12:44):
I was like I want to buy one,just slap a uh mobile home on
there, so right, remanufactured,no one, just be like all right
and then the views arespectacular and with the crazy
part.
Speaker 1 (12:54):
Like you said, the crazy part is you.
You're paying for the dirt, youdidn't pay for the structure.
Yeah, just dirt, yeah, the dirt,the location where it's at all
right.
Number five airbnb or shirttorn rentals yeah, it says rent
out a spare room, basement, avacation property on platforms
like airbnb or, um, I can't evensay that, verbo, and then varbo
(13:19):
, vrbo, I'll probably, I'llprobably chop and screw that
word up real quick.
And then, why is it easy?
Low barrier to entry, potentialfor high returns.
You don't need to own aproperty, own property or rental
, you don't need to own it.
(13:45):
But I was actually thinkingwith this Airbnb, insured
rentals.
What should be included on thisthis too is, um, it's my mind,
what it was.
Uh, it's the, uh, the quarters,the course, the, the quarters
where the mom and pop quarters,um, uh, well, like adus, oh yeah
in the back, yeah, adus, um,the, the pocket, uh, the, uh,
(14:08):
the dwelling, yeah so those also, and that's actually huge now.
So a lot of what a lot of peopleare doing is they're building
mom and pop's quarter or anotherroom behind homes and
everything and they're gettinguh, they're getting income off
of that.
What you definitely have towatch I remember listening to a
(14:29):
gentleman about that is,especially here in california,
they're actually they're doingthat and you have to find out
what your state and what yourcounty and what your city state
says about this is that when youdo an ADU that comes to another
(14:49):
property, yeah, so if that'sthe case, then you're going to
have to pay property tax on thatADU with your house, even
though it's close together.
Yeah, so that's the crazy partabout it, because I was like
what, all right, the ADUs isgoing to maybe help out a little
bit with the housing insurers,because the housing insurer
(15:11):
chair in the United States isanywhere between seven to nine
million.
Make sure that they don't bethat hopefully they're part of
one property and not separate,because if they're not separate,
you're gonna have to pay.
You're gonna have to pay taxeson that adu with your house.
(15:33):
That makes sense.
Yeah, I can see that.
Okay, the next one number sixreal estate crowdfunding.
Invest smaller amounts in realestate properties excuse me,
projects through crowdfundingplatforms like Fundrise and
Realty Mogul.
I know Fundrise.
Actually, they do help out withRitz also.
Is it wise and easy?
(15:55):
No need for hands-on managementand it allows fractional
ownership of high-valueproperties.
Speaker 2 (16:03):
Crowdfunding?
I never heard of that.
Speaker 1 (16:04):
Yeah, real estate crowdfunding yeah, so like a
syndication.
Speaker 2 (16:08):
It's Like you're putting your money into a pool
and-.
Speaker 1 (16:13):
It's small amounts because usually with the
syndication syndication can beany amount.
But like typical syndicationdeals, it's like usually with
multifamily, we get into the.
I've seen some lowest 20 25 000but usually it's like 50 to 100
000.
Speaker 2 (16:32):
Yeah, those syndications, yeah, I think
syndication is definitely just,it's just a uh more bigger, not
I don't want to say professionalway, but more um, you're right,
expert way of doing it.
Speaker 1 (16:44):
You're right, you know what?
Speaker 2 (16:45):
Like I feel like when you get into that you're
dealing with I mean, they're allexperts in their field, like
whatever you know, crowdfunding,whatever it is but like I feel
like syndication is just gettinginto just that extra, that
higher level you know, becauseyou can do write-offs and stuff
like that.
You can claim depreciation,you're part of the the project.
I don't know if they this doesit either, but yeah, this, you
(17:08):
know, I mean just like all thethe meeting and stuff, the
investor meeting stuff we wentto, yeah, I was like man, this
feels professional, this is likeyou know it.
Just it's just pushing a wholeother level.
I feel like and just like, oh,the average person on the
property yeah, it is you want todo with me when getting with me
and kind of, you know, maybeget a couple of best friends,
your friends, together and do it, versus like, hey, we're going
(17:31):
across country.
We got people that have beendoing this for years and doing
multi-million millions, you know, real estate properties yeah,
and then the syndication likeyou're right it is.
Speaker 1 (17:45):
It is professional because you have um, you have a
person that structures basicallyeverything, and then they look
out for the investors and thenthey get a, they get a report,
they find out how long they'regoing to own the property.
Is it between three to fiveyears?
What the forecast is looking at, looking like at um, it's how
much, how much capital, how muchcapital is you know how much
(18:08):
the investors are going to getreturned back to them?
Because you know everybody's,you know we're all in the money
making business yeah okay.
And then you got the burrstrategy buy, rehab, rent,
refinance and repeat that.
Definitely that's been I.
I gotta think uh, who used totalk about that a lot.
Uh is a bigger pocket.
(18:28):
So it's like buy the stressproperties, fix them up, rent
them out, refinance to pull outthe capital this is, this is.
Speaker 2 (18:36):
You know, this is the the.
I think this is probably theone of the the most common
strategies for just a regularperson.
Right, they save up money maybeget a loan, buy a rental
property, fix up themselves,because it's a lot cheaper than
hiring help.
You know, they learn on the goLike hey, I did my own floors, I
can do this house with anyflooring and paint.
(18:56):
I can do that.
You know, it's probably thefirst place.
A lot of people start Like Ieven thought about doing this
too, and then you know it's alot, it's a lot more work, it's
a lot more um risk because youdo if you're doing yourself.
But if you have a team that youknow some people that that that
can do um touch up in yourhouse and stuff or your own
property and then get on themarket asap.
(19:18):
Yeah, that might be the thebest way to go, but yeah, that's
definitely the go-to one forjust to have a joe.
It's just like save money, geta rent property, fix it up, get
it out exactly, yeah, repeat youknow, why is it so easy?
Speaker 1 (19:34):
builds long-term wealth with minimal
out-of-pocket investment afterrefinancing.
So that's the BRRRR strategySeller financing.
I think this one me and Marcuswe talked about this with that.
I think it's Pace Moby.
(19:57):
I know it's Pace Pace with theP sign.
He's actually excellent with theseller financing because it's
now starting to be a part of alot of people how they're going
about doing things.
And he actually I want to sayhe's the, he's the king of
seller financing.
Because you can sell or financeanything, he says, just not
(20:20):
real estate.
It can be possessions cars,motorcycles, boats.
You can sell or financeanything.
It can be possessions cars,motorcycles, boats.
You can sell or financeanything.
So what sell or finance is?
You buy directly from sellerswho offer refinancing or
financing terms instead of abank loan, so you don't have to
deal with the bank.
Yeah, why is it easy?
Avoids traditional mortgagerequirements, making it
(20:42):
accessible with limited capitalor credit history.
Yeah, he said, if anybody wantsto know about Google, pace or
watch YouTube's on pace and paceis a genius when it comes to
come to it he actually I watchedhim do the seller financing.
He even said that, yeah, he'sactually done cars set of homes,
(21:03):
he's got cars.
You can do anything of theseller financing because you're
directly, you're contacted withthe person that owns that
property.
You don't have to deal withanything with the bank.
Speaker 2 (21:13):
Oh, that'd be sweet.
Yeah, you know, negotiate allyour stuff with that little.
The only thing I think aboutthat really hits me when you
said that was like man, you canall the little bs fees, that you
don't have to worry about allthese little fees, and of when
the bank oh, we gotta do thisand that, oh, we got a little
fee here and we got processes offee.
(21:34):
that saves thousands of dollarsright there in their fees yes uh
, I, I gotta look into that too,because, uh, man, that might,
that's probably.
You just gotta find someonethat's gonna willing to do that.
I guess that trust too.
You know like I could throwthose and get contracts in and
how's it, how they're gonna umstructure it?
You know, say, if you want tosell the house, you want to
(21:55):
refinance the house, you want totake you know take money out of
the house, how does that workif it's not not a bank, I guess?
Speaker 1 (22:02):
newsflash.
Just want to let you know,because our next episode we're
going to do a step-by-step howto go about these financials.
Just to let you know, there itis.
I already have it right here,hot off the press right here in
front of me, so I just want todo this one right now, the 10
ways, but yeah, I have it prettystructured down how to go about
(22:22):
it.
I'm not a genius about goingabout it, but I do know a couple
of things, and not as good asPace.
But Pace is the man I'm goingto tell you, like I said, google
or watch his YouTube videos onseller financing.
Speaker 2 (22:36):
He'll open your world up to a lot of things, and the
thing is, it's nothing new, it'sjust something that not many
people dealt with and I feellike when you go through the
banks, everything's so just cutand dry, like, okay, this is
gonna do this, do this, and it'sso fascinating.
I feel like it's gonna be a lotmore.
Like, okay, you have tounderstand what's going on.
Like, hey, this is what we'regonna do.
(22:56):
This is more, because Iremember when I did my loan
through the bank, the mortgagecompany, I was like I didn't
know, not like what is this?
Why are you paying two aprs?
What is this?
What is it?
He's like oh, this is whatyou're gonna pay yearly, but
this is what our rank is forthis year I'm like what was that
?
so you know you gotta know alittle more.
I feel like when you do that oryou've done a little, know a
(23:19):
lot more when you do aself-finance, because you don't
just get into something and somemessage over.
Because I feel like when you gothrough a merch company you
kind of have the security oflike and they, this big company,
messes with me.
I can sue them or something.
Yes, versus like self-finance.
How big is this person?
Have they done before you knowwhat are the legal implications
(23:41):
of?
Speaker 1 (23:41):
maybe not going well, exactly.
Yeah.
Yeah, that's going to be ournext episode, because it's
actually interesting how, how itgoes about doing I've studied,
I'm all studying something sofast that he about this and
everything.
But is it?
We got a.
It's gonna be a step-by-stepguide how to go about to do it
and everything.
Nice, alright, and then numbernine I no-transcript.
(24:27):
People do yeah, that's a greatstrategy.
That's another strategy.
Speaker 2 (24:31):
I don't know, they're gonna do it now.
Now you got a three percent,two percent interest rate, you
want to.
You want to sell that, like, oh, you know what?
I know some people that selltheir own homes.
Uh, now that they got withreally good straight, dude, just
keep that sucker.
You know you didn't have thatsucker paid off and you're never
(24:51):
gonna get that instrument everback again.
But the the price state, theprice that they sold their house
for was so worth it.
They put their house on themarket and it went the way the I
don't know they said, said theysaid they what they sold it.
They bought the house for 380,390 and they sold it for 475,
(25:13):
465.
Oh, they got a nice amount.
They got a huge chunk and onlything they did was make the
driveway nicer for, like, rv andstuff.
There's little tidbits.
They did, I feel like, um, tomake the house really nice and
the location was amazing, uh,and they put on the market.
The next day they sold it foryou know that I think around
(25:35):
that that price, that's greatthat's so crazy.
But then in my hand I'm like, oh, that could have been a good
interproprietary.
But you know it's yourextravagant.
You know they lived there forthree, four years.
So that was their strategy wasto get up.
And I was like you're nevergonna find that house again and
that price you're looking atwhat you just sold the house for
probably gonna be 500k, yeah,but what you got for three
(25:57):
bedroom, uh, four bedroom, three, two, four, four bedroom, two
and a half bath, pool, rv,parking, awesome neighborhood
for the sec.
They got they got their moneyback and some, but oh man yeah
that's really good, I don't know.
I want to, I want to, I want torent it out, I want to not turn
that, I want to not sell it andthen number 10 I was going to
(26:22):
make.
Speaker 1 (26:22):
Number 10 is partnering with experienced
investors.
Join forces with an experiencedreal estate investor providing
capital and labor or expertisein exchange for a share of the
profits.
Why is it easy you gainhands-on experience with
leveraging the knowledge andnetwork of a seasoned investor.
(26:42):
I actually wrote this down onan index card.
They said, even like a personwho's new and they want to learn
, see, if you talk toindividuals, see if you can get
like a one or 2% interest intothe investment.
Yeah, that, right there, thateven starts a portfolio.
(27:03):
Yeah, that even starts aportfolio.
They said, yeah, so like youcan counteract that because I
was watching that.
That was something really vitalto me and anything I hear and I
think that can be vital for mein the long run.
I write down because you know somuch distractions nowadays you
forget.
You're like I remembersomething but you forgot it.
(27:24):
So I always write it down.
But yeah, I read that so youcan ask the individual like, hey
, I want to be a part of this.
I don't know what I'm doing,but I know a little bit of
knowledge.
Can you help me with theexpertise?
I want to get my feet wet.
Can I get into this to like 1%or 2% interest, because I'm
going to start my portfolio?
Speaker 2 (27:42):
You can go by doing that.
Man, when I think aboutpartnering with experienced
investors, I think abouteverything, I think about
syndications, I think about eveninvesting with your friends or
family that know that are doingit.
And then there's so manydifferent boot camps and
programs where they teach, youknow, knowing that, teaching how
(28:05):
to invest and all that stuff.
But, like every time I lookinto these programs or these
boot camps to learn how toinvest and stuff like that,
there's always, I feel likethere's always a catch, and the
catch is whoever you're goingwith wants money too, and it
(28:27):
always feels like, if you'rereally here to help me, you know
why does it feel like you kindof take advantage of me?
I'm giving so much money.
But I start thinking about it,man, and I think we talked about
this like actually going into,you know, one of these uh uh
week, two week courses or bootcamps they call it to to learn
how to invest and how to getinto properties and get into
(28:50):
syndications and all this otherstuff.
And I remember we went to one umuh seminar.
It was like you want to get inwith this today.
Today only, yes, 25, 2500.
You sign up today and you canget this, this and this, and at
the end of it, if you don't likeit, get your money back.
I almost feel like a littlepyramid scheme and stuff like
(29:12):
that.
But then I started thinkingabout the people that have the
knowledge and time to teach you.
You know, their time is alwaysvaluable.
Yes, it is.
And if I was amulti-billionaire millionaire
and I got everything I everwanted, everything I ever needed
, at the end of the day, you'renot truly happy until you start
giving away that money.
(29:32):
You start giving back becauseyou have all this money and you
just I heard, just, I thinkpeople the rabbit, I heard him
say it's like when you trulyhave this, when you start giving
away your money, giving awaywealth and stuff like that.
Speaker 1 (29:44):
Yes, you know but uh, it's like the bible proverb
it's more happiness than givingthan it isn't receiving yeah,
man, um.
Speaker 2 (29:52):
So I was like thinking about this.
Like you know, these investorsand stuff, uh, they all have a
piece of the chunk.
Well, if they help you, theywant a little bit of return and
it's almost like, uh, they needtheir time, uh, to be worth it
to help.
Okay, that makes sense.
And the same time is like it,it, if you're going to want to
(30:15):
invest so much money into, um,the program, into these, um, uh,
boot camps, then for theinvestors to be like, okay,
they're serious because they'regoing to invest right, so like,
okay, it's like a catch-22.
Like you know, you do one thing, he does one thing.
You both are like on the samepage, because what no one ever
(30:35):
wants is to get screwed over bythe, the experienced investor.
Right, because you feel likeyou can, you can take advantage
of, because you got a lot oftimes you put your own money up.
At the same time, your investordoesn't want to get screwed
over by someone else that'sgonna slack and not really learn
or anything.
It's not like okay, okay.
(30:55):
But then I started reallythinking about it.
Okay, I love to partner withsome investors, anyone that
knows what they're doing, but itjust, it really just comes down
to how is your relationshipwith that person or that that uh
company?
Are they reputable?
Do you have a goodcommunication?
You know their track record'sgood?
(31:17):
Because there's some peoplethat I know or I met that wanted
to buy random properties.
Like, hey, we should go on one.
I'm like where I met that oneof my rent properties and like,
hey, we should go on one.
I'm like I'd love to go to rentproperty.
Like, let's do it.
You know, I we can put up halfhalf.
And then I started looking atthem and seeing what they're
doing in life and I was like youknow what I don't?
want to go like this guy, he hasa, he has a really shady record
(31:39):
.
You know it's like, oh, youknow, so no, and then other
people like if me and you,you're like, hey, let's do it,
you know, but yeah, let's do it.
But then you know, like wedon't got that experience yet.
So I was like, oh, you know, solike we kind of dig on both
self and the whole.
So I was like, how you know,haven't really done it yet.
You know, we know, we knowenough to get in trouble, right.
So I was like, ah, so it'salways like we have great
(32:01):
communication, everything andand and we might be fine.
But then the experience, like,okay, if this guy experienced,
but he's, I don't want to workwith him.
Yeah, this guy we're not tooexperienced, I love to work with
him.
So it's like you gotta find theinvestor.
That's what I've been thinkingabout, because I've been like
man I go.
If I just find that one person,that rocky, I'm gonna show you
the world, I'll show you becauseI gotta do it.
(32:22):
But you gotta keep me down somuch I'm like I hope the game's
going to be over but here it islet's do it.
I'll take a risk, you take arisk and hope it works out.
Because I would love to findthat one individual like hey,
rocky, I love what you're doing,I love your mindset, let's, I'm
gonna help you out.
Oh, let's do it.
You know, game over, I meanright or get started, you know
(32:44):
exactly, yeah it yeah it'sdefinitely a mindset shift.
Speaker 1 (32:48):
Also, your net worth is your net worth.
Yes, you also have to, like yousaid, credible people, people
that you trust, check theirtrack record.
And, the most important part Igot to say this now because this
is 2025 and amping upeverything, you got to watch
this podcast, the ProfessorsReal Estate Investing Podcast.
(33:10):
Why?
Because I'm going to havepeople who have years of
experience, who have over $100million that they've sold in
real estate and that's theirgoal, that they want to have
when they're 50 years old,because they know what real
estate does and how it canchange a person's life and you
know what it does too.
Speaker 2 (33:29):
They truly want to uh just spread the knowledge.
Like when you talk to them,they're like look, this is what
I did, this is where I came from, and I just want to spread the
knowledge.
Let you know what I know.
You know hopefully inspirespeople, might even get people,
um, you know, changing theirwhole investment strategy and
(33:50):
everything like that's the kindof people want to get with some
people you have on your podcast,like man, that's that's.
You know.
They're at that point like yo,I'm making plenty of money, I
don't need to do this, but Iwant to do it because I want to
help.
Speaker 1 (34:02):
I want to uh get out there, you know, tell people
experience and stuff like thatand I would say make, make the
world a better place, yeah I'mlike, oh man, that's so cool.
Speaker 2 (34:13):
Yeah, I'm like you're straight from manhattan, I'm
over here in cali.
But hey, exactly, yeah, yeah,this much money and I know this
much, what should I do with it?
Speaker 1 (34:22):
and I always and I always say like, especially with
the podcast, because I listento several of them, everything
like I've learned so much.
It's in.
Actually, you know it, likesnoot would say, it's free game,
hey it's exactly free game,it's just like.
Are you going to accept it?
Are you going to apply it inyour life?
Speaker 2 (34:37):
yeah, yeah, that's true, man, it's free game, you
guys yeah good, even if it'sgood or bad, because you can
always take both Like hey,that's horrible, I don't want to
do that.
Speaker 1 (34:48):
Yeah, even the bad advice you'll learn from that.
You're like, okay, I need notgo down that avenue, because I
know where this is going to leadme to, because I see the
consequences.
Speaker 2 (34:57):
Oh for sure, my buddy , he's renting his property and
we always talk about this.
He's we can, you know, we can,sell this house and buy, buy
some, uh, cheaper homes.
But then you know, your, yourpeople you rent to they might
not be the best tenants, right.
And then we're talking about,like income taxes and you know
(35:18):
write-offs and stuff.
He's like, well, you know thisone guy we know he's not, I'm
pretty sure he's, he's rentingfor cash and he's not claiming
on his taxes lines.
Oh man, I had a huge, longconversation with my buddy about
this, with you about it.
I was like, man, you don't wantto go federal prison.
I think it's 10 years, 10 years, 5, 10 years minimum, like 10
(35:39):
to 15 000 fine, uh, federalprison for tax evasion, like I
don't are you?
Speaker 1 (35:44):
kidding me, that's not worth it man, that is not
worth it Do everything legit.
Speaker 2 (35:49):
Be around people that are doing it right.
Speaker 1 (35:52):
Yes, it is Indeed.
So, yeah, this is the top 10ways, easy ways to get into real
estate investing, in particularorder.
Anything else.
I mean we're in 2025.
Now we got a new change ofguard, mr Donald Trump as
president my viewpoint with himbeing as president, just in real
(36:16):
estate investing.
I think there are certainthings that are going to change.
I think they're going to changebecause everything was the
depreciation.
I think he's going to probablygo back to, eventually, 100%,
like it was before.
Speaker 2 (36:30):
Oh nice.
Speaker 1 (36:32):
I wouldn't be surprised, because that's what
he did before and he actually hehelps investors in what comes
to real estate investing, thestructure and everything.
So I think that there's goingto be a lot of good things
happening in real estateinvesting.
I view that the interest rateit's going to go down, maybe a
(36:53):
little, but it's not going to godown like it was in COVID.
Speaker 2 (36:56):
Yeah.
Speaker 1 (36:56):
COVID, it's not going to be no 2% or, like one person
I've said before, I seen thegentleman, he got a 1.99% those
days, that, that, those days,that that was his, that was
going to pandemic, that was aworldwide pandemic that changed
the whole, yeah, the wholestructure of everything about
life.
So that won't happen in ourlifetime, maybe in the next
(37:17):
lifetime but with our great,great grand kids, but not in our
lifetime.
and I think, yeah, I think thisis the year if anybody wants to
especially with, I believe, himin the office I think it's going
to be the best time for peopleto invest, to get into invest
and get into it.
Every time I'll say thisthere's no bad time to invest.
(37:37):
Yeah, Because the only thingbasically is is the numbers.
Is the numbers right for you toinvest?
All right, Is your return goingto look good?
It's all about running thenumbers.
Right for you to invest?
Is your return gonna look good?
It's all about running thenumbers.
I know I've said a lot of GrantCardone and he's always about
this is the numbers right?
Speaker 2 (37:53):
Yeah, your return is gonna be good.
You know how much money youhave saved up.
Can you afford it?
Is it worth it?
What's your edge of strategy?
Yes, Because your edge ofstrategy means you're gonna be
out by a couple years like I cando it.
Speaker 1 (38:06):
A couple years or whatever the long-term game is,
and then and then getting realestate investing too.
Like what's your why?
Why do you want to get into it?
Like you have to ask yourselfsome heartfelt questions.
Only you can ask and answer,that's true, and then you'll
come to, you'll come torealization.
Okay, this is the reason why.
All right, how do I go aboutdoing it?
A lot of people start offInquiring, like me.
(38:29):
You, well, we read, we've readbooks, we've listened to
podcasts, we've um, we've list,we've been the seminars.
It's just, it's your mind shift.
Your mindset has to change forit, for the best for sure.
Speaker 2 (38:42):
Why, yeah, why you want to give, why, why you want
to get investing in anything,exactly markets.
You know why you, why you, toask people, why do you invest in
your phone?
Okay, like what's what.
Why are you doing that likewhat?
Why just take money out, right,you don't have to, you don't
have to invest.
You have to invest in that andjust keep the money all day,
every day, and and just spend itsaving your own bank account,
(39:03):
whatever.
It's like, oh, for a rainy day,or for me, it was like I have a
family now and like when I passaway or if they want to go, you
know it's college or need anyhelp in the future.
You know what, what kind ofsavings I'm going to have, you
know?
Retirement for my, for myfuture, for me, my spouse, my
kids.
You know what can I leavebehind?
All those little things startpopping in when I have kids.
(39:24):
But, uh, you know, justfinancially, um, people, just,
you know, don't have to investat all.
But, yeah, why are you invest?
Because that can.
That's just that, honestly, whyyou invest is that your, your
hugest, your biggest motivation.
Yes, if you have no motivationto do nothing, why even get out
of bed, like those people say Idon't, I don't make my bed
(39:44):
because I'm just get back intoit.
I'm like, oh, you're gonnainvest.
Then same thing.
Like, yeah, you know like whyeven do it then if you're not
even worried about it?
So I get it.
Speaker 1 (39:54):
But the why is definitely, yeah, the why and it
comes down to that because alot of people are, especially in
this era, with, like I said,with COVID and everybody
especially with COVID.
So I always say a lot aboutCOVID because it actually
(40:14):
changed my life a lot At thetime, like nothing was going on,
the world had stopped.
There was nothing going on.
I mean, the world stopped somuch that it was healing itself.
Animals that were coming fromout, in the mountains, in the
countryside, were coming intothe city limits.
Why countryside were cominginto, um, the, the city limits?
Why?
Because they didn't hear thefactories, they didn't hear any
noises.
Everything was shut down.
So the earth was healing.
We didn't know how to react ashumans because we've never, ever
(40:35):
been shut down, everything down.
And then what?
What happened?
Everybody had internet.
You had to have internetbecause there was nothing to do.
Yeah, and then a lot of peoplestarted studying about real
estate.
And then I still, this is 2025,there's so many remote jobs.
And then a lot of people arelike, well, why should I go back
to work?
And then there's people likeyou know what?
(40:55):
I shouldn't go back to workbecause I'm going to invest my
time in real estate investingyeah because I'm gonna I'm gonna
make my money work for me.
I'm tired of working for the manall the time.
You know what I mean.
Like that's, that's, that'sanother motivation.
Exactly.
I'm like you, you have, andthen I work 40 hours a week.
You're just, you have,everybody has a social security
(41:17):
number.
Well, just surprise, that's all.
You are at your job and you cantell how many people are
getting laid off and firednowadays.
Like you, just, you're just anumber.
So you have to think foryourself now.
You have to you.
It's not being selfish.
You've got to think for you.
Speaker 2 (41:32):
I tell everybody.
Speaker 1 (41:33):
It's like what's going to, what is the healthiest
move for you to make?
Yeah, and then that's howyou'll know, like, is this a
healthy move or not?
Is this, is this going to?
Am I going to benefit out ofmaking this move?
Yeah, and we know, me and you,we know the escape out of
everything when it comes tofinancial literacy and financial
(41:53):
gain, and everything is realestate investing, because I mean
there's other ways, but themost bona fide way is real
estate investing?
Speaker 2 (42:01):
Yeah, multi-billionaires are doing it,
and was anyone that has anykind of you know, large amounts
of money or income?
They, they have.
They have investments insomething if it's stocks, real
estate or something and everysingle portfolio I can't
guarantee they have real estate.
So, yeah, you know the multi,these rich, super rich people
(42:23):
are doing it.
They know something and themore you know, the more you
research and look into, it'slike, oh, I see why people are
doing it.
They know something and themore you know, the more you
research and look into, it'slike, oh, I see why they're
doing it.
And it's crazy because theaverage person can do it too,
you know, maybe on a smallerscale, but you're doing it at
your level.
You know there's always levelsto this game, but if you do it,
you start.
As long as you start, you knowyou can, you can definitely
(42:44):
build some kind of wealth.
Better on, it might not be hugetoo, like it's not a quick no
quick rich scheme it's a longgame, but it's a you know the
long, the long game.
Sometimes you know people areretiring.
They have no, they have no kindof investments except just 401k
or whatever it is, and thenthey're for pay plus security
and they're coming.
You know they're coming back towork in their 60s because like,
(43:05):
oh man, money ran out.
So it's like it's just a, it'sjust a little backup.
You don't have to go in hard,you don't have to go like I'm
gonna get 50 renter propertiesand do this, that when I make
money over handle or fists, likesometimes, just get one renter
property.
It might change your outcome.
Because if you get one renterproperty, say for 300k you, you,
you own it for 30 years.
(43:26):
It's paid off.
Rainy happens, you get sick,whatever you sell that house,
you, you know, depending on theinflation and everything, you
could have sold the house for450, yeah, and now you have 450
in your account.
Um, you know, for that it mightnot be all the retirement money
you're ever going to have, butnow you have something that you,
(43:46):
you just invested in and I'mglad you said even one property,
because I have a picture on myphone that says one property can
change your life.
Speaker 1 (43:54):
You can be the, you can be the owner, you can be the
the, the property manager.
You get the appreciation,depreciation value off the home.
You can be all in one, just offof one property.
Speaker 2 (44:06):
That's my goal.
I just need that one.
Speaker 1 (44:08):
A good one.
Speaker 2 (44:09):
That's it.
I'll start building from there.
I just got to stop that one.
Speaker 1 (44:13):
All right world.
That's the end of this podcastepisode with Mr Rocky.
Like us, subscribe on theProfessors Real Estate Investing
podcast on YouTube investingpodcast on youtube and we're on
spotify and definitely, uhdefinitely, on the apple I had
(44:33):
to think real quick, apple alsoand it's like all the media
platforms of um of otherpodcasts.
I do know that we are here, yeahexactly, yeah, so we had to
bring this show to you live anddirect.
And, um, we had to bring thisshow to you live and direct.
And man 2025, here we are,super Bowl weekend.
Yeah and yes, just wanna leteverybody know be safe and God
(44:54):
bless BP and with peace, allright, peace.
Welcome to the Professionals Real Estate
Investing Podcast.
I'm with the gentleman, the oneand only Rocky.
How are you doing today, rocky?
I am good man.
Thanks for having me.
Oh, no problem, long time,we're in the new year, 2025.
I've already got some episodesready to come out with some
heavy hitters.
I've got a gentleman coming outfrom Utah, another gentleman
(00:25):
from Manhattan, new York the bigapple and I have another one
coming out.
I got a few more episodes that Ihave planned out for next week,
so I'm definitely going to beputting it on the YouTube
channel, the podcast stationsall over from Apple to Spotify.
So, yes, this is the firstepisode for this year 2025.
(00:47):
And me and Rocky are going totalk about the top easiest ways
to get into real estateinvesting.
So I know a lot of people whowant to get into real estate
investing and they don't knowhow to go about getting into
real estate investing.
To first off, I would say is toget your mind right, because
the mindset is going to be ahuge influence of how you're
(01:09):
going to go about doing this,because this is not a short game
.
This is a long game when itcomes to real estate investing.
And then your reason why ingetting into it.
I know a lot of people get intoit because they're tired of a
nine to five job or they want tobuild up more capital so
they're more secure in thefuture to come, so they don't
have to worry about their 401kor 403k.
Speaker 2 (01:32):
Yeah, relying on these traditional ways of
retirement money and savingslike that, exactly exactly.
Speaker 1 (01:38):
And I've always said that the reason why I got into
real estate investing the twoconcepts is God's not making any
more land and God's not makingany more dirt.
So I've always those twosayings right there has always
got me into, always talk aboutthis thing, about real estate
investing.
So number one is no particularorder, we're just going to do.
(02:01):
10 is a house hacking.
So it said, buy multifamilyproperty.
When it comes to maybe a duplex, triplex or fourplex, live in
one unit and rent the others tocover your mortgage.
Speaker 2 (02:14):
That concept is pretty legit when you think
about it right there, man, if Iwere to have my mind in real
estate when I was younger it'sso much easier when you're
younger no, you know.
No girlfriend, no kids, no bigresponsibilities.
Oh, maybe I'm a girlfriend, no,but like I had so many guys,
but we can, we can.
I could have easily, easily gota home.
(02:38):
No, there had to be nothingcrazy or big and rent that
sucker out to my crazy or bigand rent that sucker out to my
buddies.
Right, he lived there.
I'm like damn, could have donethat if they had that sucker
paid off or dang near paid off,had equity in it and just
started making moves that way.
But man, just not thinking that, thinking that way, um, kind of
set set me back.
But you can still do it.
(02:58):
You can still do it now.
I know people that bought abouthomes now like literally 2024,
2025 or 2024, 2023, and they'rerenting a room out, you know, to
help cover the high interestrate, the big mortgage payment,
whatever like that.
They're still doing it now.
They got family and kids, sopeople are still doing it.
It just I wish I would havedone it right in the beginning.
Speaker 1 (03:23):
But it all, it always will be there and, like it says
, it's so easy.
What what's needed?
Low down payment.
The options is the fha loan orva loan, and you can live in the
property while building equity.
Speaker 2 (03:35):
Yeah, so that's like a two for one right there and
I'm building equity, too, in theproperty that I own yeah, and
then having friends or familylive there, yeah, and hopefully
they behind paying the rent ontime too.
Yeah, well, the only thing Ithought about was like, okay, I
would rent to friends and family, for sure.
I didn't want to rent to justanybody, right?
I didn't want to put an ad oncraigslist and just whoever
(03:58):
shows up, and I just just likethere was.
So like in my mind when Istarted thinking about it I was
like, oh, I think that's a greatidea.
But say, if you had like afurnished full like basement
with the bathroom and stuff likethat, even kitchenette, like
you never have to see them, andI'm like, oh, that's a great
option.
But if you have someone thatjust rent a room, you know you
(04:20):
gotta see them in the bathroom.
You gotta see them in thekitchen.
They're gonna be wanting tohang them in the bathroom.
You got to see them in thekitchen.
They're going to want to hangout in the living room.
So you got to always be awareabout that kind of stuff.
Speaker 1 (04:28):
Yes, Number two buy a rental property.
Purchase a family single familyhome or small multifamily
property and rent it out forpassive income.
Why is it so easy?
Well, it says long-termappreciation, stable rental
income, financial options likeconventional or FHA loans and
(04:52):
with any of these, especiallythe house hacking and buy a
rental property.
This, actually, if you'restarting this, you're starting
your own portfolio when it comesto real estate investing.
Speaker 2 (05:03):
Yeah.
Speaker 1 (05:03):
Because they always say the first one's always the
hardest, and then after that,then everything starts rolling.
Speaker 2 (05:10):
I even say, when you buy your first home, they say,
oh, you buy a rental property orinvestor.
Your first home is technicallyyour first rental, yes, right.
Or your first, not rental butinvestor property, because if
you keep living there and you'repaying on it, you can build
equity yes, right.
Or your first, not rental, butinvestment property If you keep
living there and you're payingon it, you can build equity.
You can sell it with profit.
(05:32):
It's an investment property,for sure.
I know a lot of people are like,oh, if the AC goes out, you got
to pay for it, for sure.
But hopefully, if your plan,the goal, is you buy your house,
hey, I'm going to rent thesucker out one day or sell it
one day.
You know, if you rent it out,buy it in five years, rent it
out and you had all these majorthings like a new roof, ac and
(05:53):
stuff like that.
Just know, when you rent it out, it's going to have all no
issues with that kind of stuff.
Even if you buy a rentalproperty, yeah Right.
Even if you buy a rentalproperty, yeah right, even by a
rental property, you're stillgoing to have to deal with all
that stuff regardless.
So you, I feel like your first,your first property that you
buy, regardless it's going to berental property, your main one
(06:13):
that's still going to be aninvestment you know what I mean
and I was thinking too, justwhen you said about the equity,
a lot of it.
Speaker 1 (06:19):
They'll build up the equity so much that what that
they'll get another property offthe equity that's what my plan
is right now I'm my.
Speaker 2 (06:28):
My plan right was to save money, my own hard-earned
earned cash money.
But now is he gonna do fun,like life happens, on the?
The money I built up getsknocked down because of this and
that or whatever.
But now I have equity in myhome enough to where I know,
like you know what, you can'treally make these big moves or
(06:48):
moves like these without money.
Right, and they, you know, Ithink we talked about, we're
going to talk about this, but,like man, you gotta get money
somewhere.
Speaker 1 (06:58):
Yeah you gotta get somewhere.
Speaker 2 (06:59):
You have to get a plan together, because if
someone just offered you ahundred, like hey, it's a
hundred thousand dollars, youknow you got a year to with it,
you know what are you gonna doand like, oh man, people will
probably pay their bills off.
Put data up hell debt, pay thedebt off, going on vacation or
whatever.
Like me, man, give me a hundredthousand dollars, I'll have a
(07:21):
running property, I'll pay themback I'm gonna turn.
Speaker 1 (07:24):
I'm gonna turn this water into wine real fast, yeah
yeah, I can have a four-plex.
Speaker 2 (07:29):
Now I'm paying back.
You take.
You take monthly installmentsback, because I can make that
happen oh goodness, all right.
Speaker 1 (07:37):
Number three real estate investment trusts, which
is better known as ritz,r-e-e-i-t-s.
Those are you invest inpublicly traded real estate
companies that own incomeproducing properties.
And why is it so easy?
No need to manage propertiesand you can start with a small
amount of money, like buyingstocks, because that's what they
(08:00):
are.
I have noticed that with theRITS, because I've actually
studied ritz a lot it actuallyis that their, their properties,
that, um, they're public,they're publicly traded on the
stock market and then, like theydo, they do appreciate in value
.
Yeah, because, why?
Because people are living in ityeah.
Speaker 2 (08:18):
So it's like a syndication now, like it's,
you're just getting a piece ofit.
Yeah, you're getting a piece ofthe pie.
That's the property goes up.
You can, you will sell out yourstocks or your share of it.
Speaker 1 (08:28):
Yeah, and some of them don't even have portfolios
of what their projection is forhow many years.
Yeah, yeah, yeah, and then howmuch, how much, how much capital
that they should, at the end ofthe time, gain.
So it's actually it's a fairlyit's actually a fairly
interesting how it's done.
There's certain platforms thatI know.
It's Roots, fundrise.
(08:51):
Those are two big places wherethey do the RITs on.
But there's other companies outthere too.
You actually can, if you haveFidelity or Morgan Stanley, you
actually can.
Or you can Google what Ritzwhich ones are, the top 10, top
20.
You can Google and see whereit's at.
(09:12):
You actually can get aportfolio of how they've gone
about doing it the past five to10 years and see if it's worthy
enough to put your money intoRitz.
Speaker 2 (09:22):
Yeah, I think I did that.
I think I did that.
As far as stocks andintourances, and you know, with
any kind of stock you're buying,you know you're always just
going to watch it.
Oh, yes, risk went up and down,up and down, like the house
buying crash.
Everything went down.
You should have bought becauseit back up again tenfold.
Right, I think the house was uplike 40, 60 percent.
(09:44):
Uh, you know, are selling,selling for food, probably 34
percent of their asking or notasking price, but the home value
in the beginning, yeah, but uh,yeah, yeah, definitely, I
thought I did it too.
I did it too, but like I didthe stock, the stock way with,
uh, I think I went to fidelity,yeah, yeah, the fidelity stock
(10:05):
and, um, I didn't see too muchincrease again.
It's just like the stocks if itwent up, cool.
If it went down.
You know, that's basically howit went.
That's how my experience waswith it, because I didn't do
like, I didn't go actually into,like, the study about, like
everything, what's going on withthe company.
(10:26):
Everything is more like, oh,these, these numbers look good,
the data looks good, you know.
So that's my fault, but yeah, Idid that.
Speaker 1 (10:36):
Number four this, this is I got Mark's thing right
here.
Yeah, it's fine Off marketdeals, get them under contract,
assign the contract to aninvestor for a fee.
And why is it so?
Easy, requires little to nofront capital and can generate
quick profits without owningproperty.
So you're just going out theresearching for property that
(10:58):
looks bombed and depleted,sometimes like even the dirt,
like that I have right now.
I'm dealing with the propertywith the gentleman where he has
a house.
It's funny this is a quickstory he has a house, but the
house has no foundation.
In words, yeah, yes, no, foundit has.
(11:19):
No, it has no permanentconcrete slab.
Okay, so it's a, it's a, it'sdefinitely a house, but it has
no permanent concrete slab.
Okay, so it's definitely ahouse, but it has no foundation.
Speaker 2 (11:28):
So is it on bricks right now, or something?
Speaker 1 (11:30):
I never went inside of it because I, literally, if
we sneezed the structure,probably would fall down.
Speaker 2 (11:36):
Hey, yeah, that woman knocked that sucker down, yeah.
Speaker 1 (11:39):
And I mean asbestos, like crazy on it too oh no yeah.
Like the shingles andeverything it's like it's really
hazardous to your.
Yeah, so, um, the dirt with thepart where the property's at is
way more expensive than thanthat the structured house.
Yeah, yeah, so it sometimes belike that.
Speaker 2 (12:00):
Sometimes I tell people a word, especially when
it comes to um, either,wholesaling, no matter what you
do in real estate, it's allabout location, location I was
gonna say, man, you just there'slocations right now in our
little area with uh that thatburnt down a couple years ago,
yeah, and there's still some.
For, let's say, a nice littleone acre property.
(12:21):
It's saying for I don't knowwhat 50, 60k or something like
that, these these propertiesover here are still just the
dirt itself.
It still has, um, you know,your plumbing is still hooked up
to it and everything.
But, man, it's they're sayingfor 100, 150, 175k.
Still like, oh, there's nohouse on here, there's nothing
on this, nothing, and it's stillover 100k plus.
(12:44):
I was like I want to buy one,just slap a uh mobile home on
there, so right, remanufactured,no one, just be like all right
and then the views arespectacular and with the crazy
part.
Speaker 1 (12:54):
Like you said, the crazy part is you.
You're paying for the dirt, youdidn't pay for the structure.
Yeah, just dirt, yeah, the dirt,the location where it's at all
right.
Number five airbnb or shirttorn rentals yeah, it says rent
out a spare room, basement, avacation property on platforms
like airbnb or, um, I can't evensay that, verbo, and then varbo
(13:19):
, vrbo, I'll probably, I'llprobably chop and screw that
word up real quick.
And then, why is it easy?
Low barrier to entry, potentialfor high returns.
You don't need to own aproperty, own property or rental
, you don't need to own it.
(13:45):
But I was actually thinkingwith this Airbnb, insured
rentals.
What should be included on thisthis too is, um, it's my mind,
what it was.
Uh, it's the, uh, the quarters,the course, the, the quarters
where the mom and pop quarters,um, uh, well, like adus, oh yeah
in the back, yeah, adus, um,the, the pocket, uh, the, uh,
(14:08):
the dwelling, yeah so those also, and that's actually huge now.
So a lot of what a lot of peopleare doing is they're building
mom and pop's quarter or anotherroom behind homes and
everything and they're gettinguh, they're getting income off
of that.
What you definitely have towatch I remember listening to a
(14:29):
gentleman about that is,especially here in california,
they're actually they're doingthat and you have to find out
what your state and what yourcounty and what your city state
says about this is that when youdo an ADU that comes to another
(14:49):
property, yeah, so if that'sthe case, then you're going to
have to pay property tax on thatADU with your house, even
though it's close together.
Yeah, so that's the crazy partabout it, because I was like
what, all right, the ADUs isgoing to maybe help out a little
bit with the housing insurers,because the housing insurer
(15:11):
chair in the United States isanywhere between seven to nine
million.
Make sure that they don't bethat hopefully they're part of
one property and not separate,because if they're not separate,
you're gonna have to pay.
You're gonna have to pay taxeson that adu with your house.
(15:33):
That makes sense.
Yeah, I can see that.
Okay, the next one number sixreal estate crowdfunding.
Invest smaller amounts in realestate properties excuse me,
projects through crowdfundingplatforms like Fundrise and
Realty Mogul.
I know Fundrise.
Actually, they do help out withRitz also.
Is it wise and easy?
(15:55):
No need for hands-on managementand it allows fractional
ownership of high-valueproperties.
Speaker 2 (16:03):
Crowdfunding?
I never heard of that.
Speaker 1 (16:04):
Yeah, real estate crowdfunding yeah, so like a
syndication.
Speaker 2 (16:08):
It's Like you're putting your money into a pool
and-.
Speaker 1 (16:13):
It's small amounts because usually with the
syndication syndication can beany amount.
But like typical syndicationdeals, it's like usually with
multifamily, we get into the.
I've seen some lowest 20 25 000but usually it's like 50 to 100
000.
Speaker 2 (16:32):
Yeah, those syndications, yeah, I think
syndication is definitely just,it's just a uh more bigger, not
I don't want to say professionalway, but more um, you're right,
expert way of doing it.
Speaker 1 (16:44):
You're right, you know what?
Speaker 2 (16:45):
Like I feel like when you get into that you're
dealing with I mean, they're allexperts in their field, like
whatever you know, crowdfunding,whatever it is but like I feel
like syndication is just gettinginto just that extra, that
higher level you know, becauseyou can do write-offs and stuff
like that.
You can claim depreciation,you're part of the the project.
I don't know if they this doesit either, but yeah, this, you
(17:08):
know, I mean just like all thethe meeting and stuff, the
investor meeting stuff we wentto, yeah, I was like man, this
feels professional, this is likeyou know it.
Just it's just pushing a wholeother level.
I feel like and just like, oh,the average person on the
property yeah, it is you want todo with me when getting with me
and kind of, you know, maybeget a couple of best friends,
your friends, together and do it, versus like, hey, we're going
(17:31):
across country.
We got people that have beendoing this for years and doing
multi-million millions, you know, real estate properties yeah,
and then the syndication likeyou're right it is.
Speaker 1 (17:45):
It is professional because you have um, you have a
person that structures basicallyeverything, and then they look
out for the investors and thenthey get a, they get a report,
they find out how long they'regoing to own the property.
Is it between three to fiveyears?
What the forecast is looking at, looking like at um, it's how
much, how much capital, how muchcapital is you know how much
(18:08):
the investors are going to getreturned back to them?
Because you know everybody's,you know we're all in the money
making business yeah okay.
And then you got the burrstrategy buy, rehab, rent,
refinance and repeat that.
Definitely that's been I.
I gotta think uh, who used totalk about that a lot.
Uh is a bigger pocket.
(18:28):
So it's like buy the stressproperties, fix them up, rent
them out, refinance to pull outthe capital this is, this is.
Speaker 2 (18:36):
You know, this is the the.
I think this is probably theone of the the most common
strategies for just a regularperson.
Right, they save up money maybeget a loan, buy a rental
property, fix up themselves,because it's a lot cheaper than
hiring help.
You know, they learn on the goLike hey, I did my own floors, I
can do this house with anyflooring and paint.
(18:56):
I can do that.
You know, it's probably thefirst place.
A lot of people start Like Ieven thought about doing this
too, and then you know it's alot, it's a lot more work, it's
a lot more um risk because youdo if you're doing yourself.
But if you have a team that youknow some people that that that
can do um touch up in yourhouse and stuff or your own
property and then get on themarket asap.
(19:18):
Yeah, that might be the thebest way to go, but yeah, that's
definitely the go-to one forjust to have a joe.
It's just like save money, geta rent property, fix it up, get
it out exactly, yeah, repeat youknow, why is it so easy?
Speaker 1 (19:34):
builds long-term wealth with minimal
out-of-pocket investment afterrefinancing.
So that's the BRRRR strategySeller financing.
I think this one me and Marcuswe talked about this with that.
I think it's Pace Moby.
(19:57):
I know it's Pace Pace with theP sign.
He's actually excellent with theseller financing because it's
now starting to be a part of alot of people how they're going
about doing things.
And he actually I want to sayhe's the, he's the king of
seller financing.
Because you can sell or financeanything, he says, just not
(20:20):
real estate.
It can be possessions cars,motorcycles, boats.
You can sell or financeanything.
It can be possessions cars,motorcycles, boats.
You can sell or financeanything.
So what sell or finance is?
You buy directly from sellerswho offer refinancing or
financing terms instead of abank loan, so you don't have to
deal with the bank.
Yeah, why is it easy?
Avoids traditional mortgagerequirements, making it
(20:42):
accessible with limited capitalor credit history.
Yeah, he said, if anybody wantsto know about Google, pace or
watch YouTube's on pace and paceis a genius when it comes to
come to it he actually I watchedhim do the seller financing.
He even said that, yeah, he'sactually done cars set of homes,
(21:03):
he's got cars.
You can do anything of theseller financing because you're
directly, you're contacted withthe person that owns that
property.
You don't have to deal withanything with the bank.
Speaker 2 (21:13):
Oh, that'd be sweet.
Yeah, you know, negotiate allyour stuff with that little.
The only thing I think aboutthat really hits me when you
said that was like man, you canall the little bs fees, that you
don't have to worry about allthese little fees, and of when
the bank oh, we gotta do thisand that, oh, we got a little
fee here and we got processes offee.
(21:34):
that saves thousands of dollarsright there in their fees yes uh
, I, I gotta look into that too,because, uh, man, that might,
that's probably.
You just gotta find someonethat's gonna willing to do that.
I guess that trust too.
You know like I could throwthose and get contracts in and
how's it, how they're gonna umstructure it?
You know, say, if you want tosell the house, you want to
(21:55):
refinance the house, you want totake you know take money out of
the house, how does that workif it's not not a bank, I guess?
Speaker 1 (22:02):
newsflash.
Just want to let you know,because our next episode we're
going to do a step-by-step howto go about these financials.
Just to let you know, there itis.
I already have it right here,hot off the press right here in
front of me, so I just want todo this one right now, the 10
ways, but yeah, I have it prettystructured down how to go about
(22:22):
it.
I'm not a genius about goingabout it, but I do know a couple
of things, and not as good asPace.
But Pace is the man I'm goingto tell you, like I said, google
or watch his YouTube videos onseller financing.
Speaker 2 (22:36):
He'll open your world up to a lot of things, and the
thing is, it's nothing new, it'sjust something that not many
people dealt with and I feellike when you go through the
banks, everything's so just cutand dry, like, okay, this is
gonna do this, do this, and it'sso fascinating.
I feel like it's gonna be a lotmore.
Like, okay, you have tounderstand what's going on.
Like, hey, this is what we'regonna do.
(22:56):
This is more, because Iremember when I did my loan
through the bank, the mortgagecompany, I was like I didn't
know, not like what is this?
Why are you paying two aprs?
What is this?
What is it?
He's like oh, this is whatyou're gonna pay yearly, but
this is what our rank is forthis year I'm like what was that
?
so you know you gotta know alittle more.
I feel like when you do that oryou've done a little, know a
(23:19):
lot more when you do aself-finance, because you don't
just get into something and somemessage over.
Because I feel like when you gothrough a merch company you
kind of have the security oflike and they, this big company,
messes with me.
I can sue them or something.
Yes, versus like self-finance.
How big is this person?
Have they done before you knowwhat are the legal implications
(23:41):
of?
Speaker 1 (23:41):
maybe not going well, exactly.
Yeah.
Yeah, that's going to be ournext episode, because it's
actually interesting how, how itgoes about doing I've studied,
I'm all studying something sofast that he about this and
everything.
But is it?
We got a.
It's gonna be a step-by-stepguide how to go about to do it
and everything.
Nice, alright, and then numbernine I no-transcript.
(24:27):
People do yeah, that's a greatstrategy.
That's another strategy.
Speaker 2 (24:31):
I don't know, they're gonna do it now.
Now you got a three percent,two percent interest rate, you
want to.
You want to sell that, like, oh, you know what?
I know some people that selltheir own homes.
Uh, now that they got withreally good straight, dude, just
keep that sucker.
You know you didn't have thatsucker paid off and you're never
(24:51):
gonna get that instrument everback again.
But the the price state, theprice that they sold their house
for was so worth it.
They put their house on themarket and it went the way the I
don't know they said, said theysaid they what they sold it.
They bought the house for 380,390 and they sold it for 475,
(25:13):
465.
Oh, they got a nice amount.
They got a huge chunk and onlything they did was make the
driveway nicer for, like, rv andstuff.
There's little tidbits.
They did, I feel like, um, tomake the house really nice and
the location was amazing, uh,and they put on the market.
The next day they sold it foryou know that I think around
(25:35):
that that price, that's greatthat's so crazy.
But then in my hand I'm like, oh, that could have been a good
interproprietary.
But you know it's yourextravagant.
You know they lived there forthree, four years.
So that was their strategy wasto get up.
And I was like you're nevergonna find that house again and
that price you're looking atwhat you just sold the house for
probably gonna be 500k, yeah,but what you got for three
(25:57):
bedroom, uh, four bedroom, three, two, four, four bedroom, two
and a half bath, pool, rv,parking, awesome neighborhood
for the sec.
They got they got their moneyback and some, but oh man yeah
that's really good, I don't know.
I want to, I want to, I want torent it out, I want to not turn
that, I want to not sell it andthen number 10 I was going to
(26:22):
make.
Speaker 1 (26:22):
Number 10 is partnering with experienced
investors.
Join forces with an experiencedreal estate investor providing
capital and labor or expertisein exchange for a share of the
profits.
Why is it easy you gainhands-on experience with
leveraging the knowledge andnetwork of a seasoned investor.
(26:42):
I actually wrote this down onan index card.
They said, even like a personwho's new and they want to learn
, see, if you talk toindividuals, see if you can get
like a one or 2% interest intothe investment.
Yeah, that, right there, thateven starts a portfolio.
(27:03):
Yeah, that even starts aportfolio.
They said, yeah, so like youcan counteract that because I
was watching that.
That was something really vitalto me and anything I hear and I
think that can be vital for mein the long run.
I write down because you know somuch distractions nowadays you
forget.
You're like I remembersomething but you forgot it.
(27:24):
So I always write it down.
But yeah, I read that so youcan ask the individual like, hey
, I want to be a part of this.
I don't know what I'm doing,but I know a little bit of
knowledge.
Can you help me with theexpertise?
I want to get my feet wet.
Can I get into this to like 1%or 2% interest, because I'm
going to start my portfolio?
Speaker 2 (27:42):
You can go by doing that.
Man, when I think aboutpartnering with experienced
investors, I think abouteverything, I think about
syndications, I think about eveninvesting with your friends or
family that know that are doingit.
And then there's so manydifferent boot camps and
programs where they teach, youknow, knowing that, teaching how
(28:05):
to invest and all that stuff.
But, like every time I lookinto these programs or these
boot camps to learn how toinvest and stuff like that,
there's always, I feel likethere's always a catch, and the
catch is whoever you're goingwith wants money too, and it
(28:27):
always feels like, if you'rereally here to help me, you know
why does it feel like you kindof take advantage of me?
I'm giving so much money.
But I start thinking about it,man, and I think we talked about
this like actually going into,you know, one of these uh uh
week, two week courses or bootcamps they call it to to learn
how to invest and how to getinto properties and get into
(28:50):
syndications and all this otherstuff.
And I remember we went to one umuh seminar.
It was like you want to get inwith this today.
Today only, yes, 25, 2500.
You sign up today and you canget this, this and this, and at
the end of it, if you don't likeit, get your money back.
I almost feel like a littlepyramid scheme and stuff like
(29:12):
that.
But then I started thinkingabout the people that have the
knowledge and time to teach you.
You know, their time is alwaysvaluable.
Yes, it is.
And if I was amulti-billionaire millionaire
and I got everything I everwanted, everything I ever needed
, at the end of the day, you'renot truly happy until you start
giving away that money.
(29:32):
You start giving back becauseyou have all this money and you
just I heard, just, I thinkpeople the rabbit, I heard him
say it's like when you trulyhave this, when you start giving
away your money, giving awaywealth and stuff like that.
Speaker 1 (29:44):
Yes, you know but uh, it's like the bible proverb
it's more happiness than givingthan it isn't receiving yeah,
man, um.
Speaker 2 (29:52):
So I was like thinking about this.
Like you know, these investorsand stuff, uh, they all have a
piece of the chunk.
Well, if they help you, theywant a little bit of return and
it's almost like, uh, they needtheir time, uh, to be worth it
to help.
Okay, that makes sense.
And the same time is like it,it, if you're going to want to
(30:15):
invest so much money into, um,the program, into these, um, uh,
boot camps, then for theinvestors to be like, okay,
they're serious because they'regoing to invest right, so like,
okay, it's like a catch-22.
Like you know, you do one thing, he does one thing.
You both are like on the samepage, because what no one ever
(30:35):
wants is to get screwed over bythe, the experienced investor.
Right, because you feel likeyou can, you can take advantage
of, because you got a lot oftimes you put your own money up.
At the same time, your investordoesn't want to get screwed
over by someone else that'sgonna slack and not really learn
or anything.
It's not like okay, okay.
(30:55):
But then I started reallythinking about it.
Okay, I love to partner withsome investors, anyone that
knows what they're doing, but itjust, it really just comes down
to how is your relationshipwith that person or that that uh
company?
Are they reputable?
Do you have a goodcommunication?
You know their track record'sgood?
(31:17):
Because there's some peoplethat I know or I met that wanted
to buy random properties.
Like, hey, we should go on one.
I'm like where I met that oneof my rent properties and like,
hey, we should go on one.
I'm like I'd love to go to rentproperty.
Like, let's do it.
You know, I we can put up halfhalf.
And then I started looking atthem and seeing what they're
doing in life and I was like youknow what I don't?
want to go like this guy, he hasa, he has a really shady record
(31:39):
.
You know it's like, oh, youknow, so no, and then other
people like if me and you,you're like, hey, let's do it,
you know, but yeah, let's do it.
But then you know, like wedon't got that experience yet.
So I was like, oh, you know, solike we kind of dig on both
self and the whole.
So I was like, how you know,haven't really done it yet.
You know, we know, we knowenough to get in trouble, right.
So I was like, ah, so it'salways like we have great
(32:01):
communication, everything andand and we might be fine.
But then the experience, like,okay, if this guy experienced,
but he's, I don't want to workwith him.
Yeah, this guy we're not tooexperienced, I love to work with
him.
So it's like you gotta find theinvestor.
That's what I've been thinkingabout, because I've been like
man I go.
If I just find that one person,that rocky, I'm gonna show you
the world, I'll show you becauseI gotta do it.
(32:22):
But you gotta keep me down somuch I'm like I hope the game's
going to be over but here it islet's do it.
I'll take a risk, you take arisk and hope it works out.
Because I would love to findthat one individual like hey,
rocky, I love what you're doing,I love your mindset, let's, I'm
gonna help you out.
Oh, let's do it.
You know, game over, I meanright or get started, you know
(32:44):
exactly, yeah it yeah it'sdefinitely a mindset shift.
Speaker 1 (32:48):
Also, your net worth is your net worth.
Yes, you also have to, like yousaid, credible people, people
that you trust, check theirtrack record.
And, the most important part Igot to say this now because this
is 2025 and amping upeverything, you got to watch
this podcast, the ProfessorsReal Estate Investing Podcast.
(33:10):
Why?
Because I'm going to havepeople who have years of
experience, who have over $100million that they've sold in
real estate and that's theirgoal, that they want to have
when they're 50 years old,because they know what real
estate does and how it canchange a person's life and you
know what it does too.
Speaker 2 (33:29):
They truly want to uh just spread the knowledge.
Like when you talk to them,they're like look, this is what
I did, this is where I came from, and I just want to spread the
knowledge.
Let you know what I know.
You know hopefully inspirespeople, might even get people,
um, you know, changing theirwhole investment strategy and
(33:50):
everything like that's the kindof people want to get with some
people you have on your podcast,like man, that's that's.
You know.
They're at that point like yo,I'm making plenty of money, I
don't need to do this, but Iwant to do it because I want to
help.
Speaker 1 (34:02):
I want to uh get out there, you know, tell people
experience and stuff like thatand I would say make, make the
world a better place, yeah I'mlike, oh man, that's so cool.
Speaker 2 (34:13):
Yeah, I'm like you're straight from manhattan, I'm
over here in cali.
But hey, exactly, yeah, yeah,this much money and I know this
much, what should I do with it?
Speaker 1 (34:22):
and I always and I always say like, especially with
the podcast, because I listento several of them, everything
like I've learned so much.
It's in.
Actually, you know it, likesnoot would say, it's free game,
hey it's exactly free game,it's just like.
Are you going to accept it?
Are you going to apply it inyour life?
Speaker 2 (34:37):
yeah, yeah, that's true, man, it's free game, you
guys yeah good, even if it'sgood or bad, because you can
always take both Like hey,that's horrible, I don't want to
do that.
Speaker 1 (34:48):
Yeah, even the bad advice you'll learn from that.
You're like, okay, I need notgo down that avenue, because I
know where this is going to leadme to, because I see the
consequences.
Speaker 2 (34:57):
Oh for sure, my buddy , he's renting his property and
we always talk about this.
He's we can, you know, we can,sell this house and buy, buy
some, uh, cheaper homes.
But then you know, your, yourpeople you rent to they might
not be the best tenants, right.
And then we're talking about,like income taxes and you know
(35:18):
write-offs and stuff.
He's like, well, you know thisone guy we know he's not, I'm
pretty sure he's, he's rentingfor cash and he's not claiming
on his taxes lines.
Oh man, I had a huge, longconversation with my buddy about
this, with you about it.
I was like, man, you don't wantto go federal prison.
I think it's 10 years, 10 years, 5, 10 years minimum, like 10
(35:39):
to 15 000 fine, uh, federalprison for tax evasion, like I
don't are you?
Speaker 1 (35:44):
kidding me, that's not worth it man, that is not
worth it Do everything legit.
Speaker 2 (35:49):
Be around people that are doing it right.
Speaker 1 (35:52):
Yes, it is Indeed.
So, yeah, this is the top 10ways, easy ways to get into real
estate investing, in particularorder.
Anything else.
I mean we're in 2025.
Now we got a new change ofguard, mr Donald Trump as
president my viewpoint with himbeing as president, just in real
(36:16):
estate investing.
I think there are certainthings that are going to change.
I think they're going to changebecause everything was the
depreciation.
I think he's going to probablygo back to, eventually, 100%,
like it was before.
Speaker 2 (36:30):
Oh nice.
Speaker 1 (36:32):
I wouldn't be surprised, because that's what
he did before and he actually hehelps investors in what comes
to real estate investing, thestructure and everything.
So I think that there's goingto be a lot of good things
happening in real estateinvesting.
I view that the interest rateit's going to go down, maybe a
(36:53):
little, but it's not going to godown like it was in COVID.
Speaker 2 (36:56):
Yeah.
Speaker 1 (36:56):
COVID, it's not going to be no 2% or, like one person
I've said before, I seen thegentleman, he got a 1.99% those
days, that, that, those days,that that was his, that was
going to pandemic, that was aworldwide pandemic that changed
the whole, yeah, the wholestructure of everything about
life.
So that won't happen in ourlifetime, maybe in the next
(37:17):
lifetime but with our great,great grand kids, but not in our
lifetime.
and I think, yeah, I think thisis the year if anybody wants to
especially with, I believe, himin the office I think it's going
to be the best time for peopleto invest, to get into invest
and get into it.
Every time I'll say thisthere's no bad time to invest.
(37:37):
Yeah, Because the only thingbasically is is the numbers.
Is the numbers right for you toinvest?
All right, Is your return goingto look good?
It's all about running thenumbers.
Right for you to invest?
Is your return gonna look good?
It's all about running thenumbers.
I know I've said a lot of GrantCardone and he's always about
this is the numbers right?
Speaker 2 (37:53):
Yeah, your return is gonna be good.
You know how much money youhave saved up.
Can you afford it?
Is it worth it?
What's your edge of strategy?
Yes, Because your edge ofstrategy means you're gonna be
out by a couple years like I cando it.
Speaker 1 (38:06):
A couple years or whatever the long-term game is,
and then and then getting realestate investing too.
Like what's your why?
Why do you want to get into it?
Like you have to ask yourselfsome heartfelt questions.
Only you can ask and answer,that's true, and then you'll
come to, you'll come torealization.
Okay, this is the reason why.
All right, how do I go aboutdoing it?
A lot of people start offInquiring, like me.
(38:29):
You, well, we read, we've readbooks, we've listened to
podcasts, we've um, we've list,we've been the seminars.
It's just, it's your mind shift.
Your mindset has to change forit, for the best for sure.
Speaker 2 (38:42):
Why, yeah, why you want to give, why, why you want
to get investing in anything,exactly markets.
You know why you, why you, toask people, why do you invest in
your phone?
Okay, like what's what.
Why are you doing that likewhat?
Why just take money out, right,you don't have to, you don't
have to invest.
You have to invest in that andjust keep the money all day,
every day, and and just spend itsaving your own bank account,
(39:03):
whatever.
It's like, oh, for a rainy day,or for me, it was like I have a
family now and like when I passaway or if they want to go, you
know it's college or need anyhelp in the future.
You know what, what kind ofsavings I'm going to have, you
know?
Retirement for my, for myfuture, for me, my spouse, my
kids.
You know what can I leavebehind?
All those little things startpopping in when I have kids.
(39:24):
But, uh, you know, justfinancially, um, people, just,
you know, don't have to investat all.
But, yeah, why are you invest?
Because that can.
That's just that, honestly, whyyou invest is that your, your
hugest, your biggest motivation.
Yes, if you have no motivationto do nothing, why even get out
of bed, like those people say Idon't, I don't make my bed
(39:44):
because I'm just get back intoit.
I'm like, oh, you're gonnainvest.
Then same thing.
Like, yeah, you know like whyeven do it then if you're not
even worried about it?
So I get it.
Speaker 1 (39:54):
But the why is definitely, yeah, the why and it
comes down to that because alot of people are, especially in
this era, with, like I said,with COVID and everybody
especially with COVID.
So I always say a lot aboutCOVID because it actually
(40:14):
changed my life a lot At thetime, like nothing was going on,
the world had stopped.
There was nothing going on.
I mean, the world stopped somuch that it was healing itself.
Animals that were coming fromout, in the mountains, in the
countryside, were coming intothe city limits.
Why countryside were cominginto, um, the, the city limits?
Why?
Because they didn't hear thefactories, they didn't hear any
noises.
Everything was shut down.
So the earth was healing.
We didn't know how to react ashumans because we've never, ever
(40:35):
been shut down, everything down.
And then what?
What happened?
Everybody had internet.
You had to have internetbecause there was nothing to do.
Yeah, and then a lot of peoplestarted studying about real
estate.
And then I still, this is 2025,there's so many remote jobs.
And then a lot of people arelike, well, why should I go back
to work?
And then there's people likeyou know what?
(40:55):
I shouldn't go back to workbecause I'm going to invest my
time in real estate investingyeah because I'm gonna I'm gonna
make my money work for me.
I'm tired of working for the manall the time.
You know what I mean.
Like that's, that's, that'sanother motivation.
Exactly.
I'm like you, you have, andthen I work 40 hours a week.
You're just, you have,everybody has a social security
(41:17):
number.
Well, just surprise, that's all.
You are at your job and you cantell how many people are
getting laid off and firednowadays.
Like you, just, you're just anumber.
So you have to think foryourself now.
You have to you.
It's not being selfish.
You've got to think for you.
Speaker 2 (41:32):
I tell everybody.
Speaker 1 (41:33):
It's like what's going to, what is the healthiest
move for you to make?
Yeah, and then that's howyou'll know, like, is this a
healthy move or not?
Is this, is this going to?
Am I going to benefit out ofmaking this move?
Yeah, and we know, me and you,we know the escape out of
everything when it comes tofinancial literacy and financial
(41:53):
gain, and everything is realestate investing, because I mean
there's other ways, but themost bona fide way is real
estate investing?
Speaker 2 (42:01):
Yeah, multi-billionaires are doing it,
and was anyone that has anykind of you know, large amounts
of money or income?
They, they have.
They have investments insomething if it's stocks, real
estate or something and everysingle portfolio I can't
guarantee they have real estate.
So, yeah, you know the multi,these rich, super rich people
(42:23):
are doing it.
They know something and themore you know, the more you
research and look into, it'slike, oh, I see why people are
doing it.
They know something and themore you know, the more you
research and look into, it'slike, oh, I see why they're
doing it.
And it's crazy because theaverage person can do it too,
you know, maybe on a smallerscale, but you're doing it at
your level.
You know there's always levelsto this game, but if you do it,
you start.
As long as you start, you knowyou can, you can definitely
(42:44):
build some kind of wealth.
Better on, it might not be hugetoo, like it's not a quick no
quick rich scheme it's a longgame, but it's a you know the
long, the long game.
Sometimes you know people areretiring.
They have no, they have no kindof investments except just 401k
or whatever it is, and thenthey're for pay plus security
and they're coming.
You know they're coming back towork in their 60s because like,
(43:05):
oh man, money ran out.
So it's like it's just a, it'sjust a little backup.
You don't have to go in hard,you don't have to go like I'm
gonna get 50 renter propertiesand do this, that when I make
money over handle or fists, likesometimes, just get one renter
property.
It might change your outcome.
Because if you get one renterproperty, say for 300k you, you,
you own it for 30 years.
(43:26):
It's paid off.
Rainy happens, you get sick,whatever you sell that house,
you, you know, depending on theinflation and everything, you
could have sold the house for450, yeah, and now you have 450
in your account.
Um, you know, for that it mightnot be all the retirement money
you're ever going to have, butnow you have something that you,
(43:46):
you just invested in and I'mglad you said even one property,
because I have a picture on myphone that says one property can
change your life.
Speaker 1 (43:54):
You can be the, you can be the owner, you can be the
the, the property manager.
You get the appreciation,depreciation value off the home.
You can be all in one, just offof one property.
Speaker 2 (44:06):
That's my goal.
I just need that one.
Speaker 1 (44:08):
A good one.
Speaker 2 (44:09):
That's it.
I'll start building from there.
I just got to stop that one.
Speaker 1 (44:13):
All right world.
That's the end of this podcastepisode with Mr Rocky.
Like us, subscribe on theProfessors Real Estate Investing
podcast on YouTube investingpodcast on youtube and we're on
spotify and definitely, uhdefinitely, on the apple I had
(44:33):
to think real quick, apple alsoand it's like all the media
platforms of um of otherpodcasts.
I do know that we are here, yeahexactly, yeah, so we had to
bring this show to you live anddirect.
And, um, we had to bring thisshow to you live and direct.
And man 2025, here we are,super Bowl weekend.
Yeah and yes, just wanna leteverybody know be safe and God
(44:54):
bless BP and with peace, allright, peace.
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