The Troubleshooter 06-15-26

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Episode Transcript

Speaker 1 (00:01):
Forty five years strong, solving your problems, answering questions, taking complaints.
This is the Troubleshooter Show. No Tom Martino.

Speaker 2 (00:13):
Okay, I'm Tom Martino. Welcome to the only show vis
kind anywhere, and we want you to call us with
a problem, question er, complaint at three oh three seven
one three talk three oh three seven one three eight,
two five five or three oh three Martino.

Speaker 3 (00:28):
That's the ego line.

Speaker 2 (00:29):
Three oh three six two seven eight four six six.
This hour brought to you by waterpros dot Net. I
love great companies. I love promoting them. I love these systems.
They are the best water systems you can buy for
the money, bar none, and the best installation with master plumbers.
Get your water cleaned up, whether the whole house or
at the kitchen sink waterpros dot net. You will be

(00:51):
astounded by the service and the prices. Three oh three
eight six two five five five four waterpros dot Net. Hey,
you know what, I'm gonna give myself a pat on
the back.

Speaker 3 (01:03):
Can you hear it?

Speaker 4 (01:03):
Okay?

Speaker 2 (01:04):
Anyway, I'm gonna tell you why. I don't care what
you say. I'm taking credit. I discovered Dmitri what I discovered.
I'm sorry, you know what you you know?

Speaker 4 (01:16):
Remember, Remember was.

Speaker 2 (01:19):
It who took credit for all of the stars whenever
they whenever Simon cow he likes doing that when it
comes to stars. I'm going to take credit for John
Fuller and for Dmitri, who did a brilliant job filling
in Mark and sues are away on a cruise and
Mark wasn't here, so in my absence, a little hiccup

(01:41):
in the gidda up I had as a result of
all my frickin' treatments over the past year I had,
I had Dmitri, and I had Fuller on And by the way,
Fuller is available and all of our attorneys are available
with a quick phone call, as well as all of
our experts whenever you have a question, a problem, or complaint.
But Dmetri, I'm taking credit for you because I discovered you.

Speaker 3 (02:03):
Thanks.

Speaker 5 (02:03):
I wasn't expecting that, but yeah, you can have.

Speaker 2 (02:08):
And you know we Dmetri and I first met when
I was doing a Channel four shoot.

Speaker 4 (02:14):
Do you remember did you know that was for.

Speaker 5 (02:16):
Well, it was I remember you were being photographed for
some magazine cover.

Speaker 3 (02:20):
Story, that's right.

Speaker 4 (02:21):
And because of my Channel four work.

Speaker 3 (02:22):
Oh, okay, yeah, I don't realize the subject.

Speaker 2 (02:24):
And it was also radio but it was about you know,
the troubleshooter and all that, and it was it was
a really nice magazine. It was one of the bigger magazines.
And there was like and why did they use your place?

Speaker 3 (02:34):
It was ugly.

Speaker 4 (02:34):
No, I'm just kidding, No, why did they use your place?

Speaker 5 (02:37):
They wanted us so this was a long, long time ago,
and they wanted a hip downtown Lodo location. And the photographer,
whom I actually knew just from you know, social connections,
he suggested that they use my loft for the photo shoot.

Speaker 2 (02:52):
It was because of the Florida went Florida ceiling windows
did you have or something?

Speaker 3 (02:56):
It must have been.

Speaker 5 (02:56):
I really didn't ask why, but they just said, hey,
would you would you mind if we use your loft
for a photo shoot?

Speaker 3 (03:02):
And I said, no, no problem.

Speaker 5 (03:03):
So we all got together over there and I had
a couple of friends over remember, and winded up.

Speaker 3 (03:08):
It was fire all night. It was a drinking wine.

Speaker 5 (03:11):
It was a lot of big parking ticket at like
do in the morning.

Speaker 2 (03:14):
It was really fun and because you knew the photographer,
and that photographer was the one who lit the studio.

Speaker 3 (03:19):
By the way, Garret.

Speaker 5 (03:20):
Krafonski, fantastic photographer and now videographer, still.

Speaker 2 (03:24):
In business, and we did a poster with him too,
a troubleshooter poster.

Speaker 4 (03:29):
He was very creative.

Speaker 2 (03:29):
Anyway, Uh three oh three seven one three talk three
oh three seven one three eight two five five. What
I want you to do is call before it becomes
a big problem. We like solving little problems. Or if
you just have a question, give us a call. And again,
you can also call this number twenty four to seven

(03:50):
three oh three Martino three oh three six two seven
eight four six six, And I have a text line
that an of people were texting, and it was my problem,
my fault. I didn't give these guys the log and
to check the text so I might go over some
of these questions and they if Dimitri can recall the calls,

(04:13):
I'm gonna if some of these people were referring to
some of the questions or some of the top ist
you guys were talking about last week. So anyway, anyway,
So then later on Dimitri and I caught back up
at meat Fest.

Speaker 4 (04:27):
Should I mention that.

Speaker 3 (04:30):
Adress?

Speaker 2 (04:30):
No, No, anyway, So that's once a year Festival of
meat Lovers and Barry Miller, by the way, is with us.
Barry Miller with esteriturn Key. Hi, Barry, you can join
in the conversation. Meat fest is where people get together
and they are unashamed, unembarrassed. There's just bold meat eaters
and you're not allowed to have anything else.

Speaker 4 (04:52):
I don't think you can find a vegetable in the place.

Speaker 2 (04:54):
Anyway. Everyone brings a meat dish. It's really fun. So anyway,
I happen to be there and this guy comes up
and says, uh Tom, And I said, oh my god.

Speaker 4 (05:05):
So it was Dimitri.

Speaker 3 (05:06):
And then I don't know how you got to the show.

Speaker 4 (05:08):
How did you get to the show? Did I say
come on over.

Speaker 3 (05:11):
Something like that. Yeah, I don't even remember fests.

Speaker 5 (05:14):
And I had a lot of meat and the whiskey
and cigars and me by the time I got the.

Speaker 2 (05:17):
Nyashal, I said come on over. And anyway, he came
over and the rest is history. So and then we
have is Deputy Bow in the house. Deputy Bow, you're
at the station.

Speaker 3 (05:28):
I'm here holding down the fort. Yes, sir, right, how
did how did we hook up with you?

Speaker 2 (05:33):
Bo?

Speaker 4 (05:34):
I'm not taking credit for you.

Speaker 6 (05:36):
No, I just when I retired from the HVAC business,
I didn't want to sit around.

Speaker 3 (05:41):
And I've been a.

Speaker 6 (05:42):
Loyal listener for over forty years, and I know about
all the good work you did helping people, and I
wanted to share my knowledge of the industry to help
people out. So I ran, I sent a resume into
Sues and waited a couple of months, and you guys
interviewed me.

Speaker 4 (05:58):
We got a staff. Now, see that's what I love.

Speaker 7 (06:00):
God.

Speaker 2 (06:00):
What do we have expertise now? So we can handle
just about any problem. And I want to remind you
it is the only place you can get help.

Speaker 3 (06:10):
On the air.

Speaker 2 (06:10):
I mean, or actually, it's the only place you can
get help free of charge.

Speaker 4 (06:14):
Really, if you think about it.

Speaker 2 (06:15):
It's the only real place you get help free of charge.
And it's not social media. And I say that proudly
because social media there's so much bad information. In fact,
most of the ripoffs originate with social media. We have
so many problems. The two places Facebook, Marketplace.

Speaker 4 (06:35):
And next door.

Speaker 2 (06:36):
Those are the two big generators of ripoffs. Okay, let
me switch gears. Barry Miller is with a Vestera turnkey.
Now what they do is they help make you a landlord.
You know a lot of people want to be a landlord,
but they don't know the first thing about being a landlord.
In fact, to be honest with you, I say, when
people said, do you have any rentals?

Speaker 4 (06:58):
I see no, I don't have that affliction.

Speaker 2 (07:00):
Used to say that because it was almost it was
so terrible Barry. At one time, having rentals in this
area was gold.

Speaker 3 (07:07):
Right, yes, now it used to be.

Speaker 2 (07:12):
In this area, let's say, because that's what everybody most
people listening are familiar with. Most people had rentals. They
actually had them for income. It wasn't just for equity,
but they actually made money. They made money. And I
think some people who bought right back in the day.
There's a guy I had, I worked with at iHeart.

(07:34):
He's not there anymore.

Speaker 3 (07:36):
His name's Ted.

Speaker 2 (07:36):
He had a lot of rentals and made money. Be
boughtom right. Once they're paid for, you're making money. So
rental is one reason rental income. The other reason were
tax benefits when you had depreciation, and then the other
reason was equity. Right, the three big things tax benefits,
income or equity right, And isn't it almost now impossible

(08:02):
to make money?

Speaker 4 (08:03):
On the monthly side.

Speaker 3 (08:05):
Almost impossible in most markets in the United States, not
just our market here in the front range, it is hard,
is it very very difficult.

Speaker 2 (08:13):
And in this market, I would say, not only is
it difficult to make money monthly, but it is almost
impossible to make right now any substantial equity growth because
things are so overpriced.

Speaker 3 (08:25):
They're overpriced. They're not going up much. So that's because
they're already up there. Because they're already up there.

Speaker 4 (08:30):
Are we going to get an adjustment? By bye, by
the way, by.

Speaker 2 (08:33):
Way of background, and I want your calls at three
all three seven one three talk three all three seven
one three A two five five. I want to talk
about the whole the whole topic area. But but you
are an expert in real estate. You invented the buyer brokerage. Barry,
you know, was in real estate and he said, you know,

(08:53):
why is it that when somebody wants to buy a
house and I call on a sign, I have to
represent the seller? And he thought that was fundamentally wrong.
And about I think it might have been forty years ago.
I did a story on him. Was it forty years
ago or thirty eighty eight?

Speaker 3 (09:08):
Two? Okay?

Speaker 2 (09:09):
I did a story with you in nineteen eighty two
on television about this guy who was shaking up the industry,
and he was He introduced what was called the buying broker,
meaning when you called on a sign or you had
a buyer, you represented the buyer. And at first what
the goal of these people said, you can't do that illegal.

Speaker 3 (09:31):
You're so legal.

Speaker 2 (09:32):
You can't represent the buyer because by default, all of
the contracts were written up, so you represent the seller seller.
You changed it, and actually the entire National Board of
Real Estate of Realtors had to change all fifty states,

(09:53):
all fifty states. So he is an expert in real estate,
to say the least, and so we can ask him
a real estate if you have any real estate questions. Plus,
we have Deputy d here who I discovered and you
can call at any time with anything at three oh
three Martino three oh three, six two.

Speaker 4 (10:10):
Seven, eight four sixty six.

Speaker 2 (10:13):
By the way, Compass Insurance Group doing free insurance checkups
and they can save you money. Objective look at your
insurance three oh three nine nine six nine thousand, Go
with a sure thing Denver's Best Roofer Excel Roofing dot com.

(10:34):
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(10:54):
list your home with Remax Alliance three oh three nine
two zero sixteen twenty two.

Speaker 3 (11:08):
Okay, that's me.

Speaker 2 (11:09):
I'm Tom Martino along with Deputy d Deputy Bow and
I have a special guest, Barry Miller, and I love
talking about great people like John Fuller. Remember John Fuller,
he filled in, did a great job and we will
have him as our as our third chair. We love
him along with Dimitri. And if you need any help

(11:30):
with personal injury as three oh three five nine seven
forty five hundred, the only guy that'll give you a
cell phone, you can call her text at anytime five
nine seven forty five hundred. And if you ever have
a problem, you can always call us Now. You can
call us twenty four to seven and we'll get back
to you if you call three h three Martino three
oh three, six, two seven, eight four sixty six, Barry Miller,

(11:52):
people were landlords for income, tax benefits and equity. Now
mostly equity, but even with equity you have to be careful.
So what gave you the brainchild of Vesta and why,
in other words, did you just one day wake up
and say I think people should be landlords?

Speaker 3 (12:10):
Seriously?

Speaker 2 (12:10):
What's the gig?

Speaker 3 (12:12):
Yeah, mc gig is. I was back at my hometown
for a high school reunion with friends and their son
and his business partner. Insurance guys. Two insurance guys said, hey, Barry,
we know you built the national network for buyer agents.
We have a lot of our customers who have money
they want to invest it in real estate, and we

(12:33):
thought of you, and I thought, okay, what are you
looking at? Well, you know they want to do rentals
and they don't want to have hands on And that
was it tom From then I put it together. I
researched the country and put it together so that, yeah,
the people are become landlords, but they don't have to
do the work because we cover that for them by

(12:54):
finding top property managers and overseeing the property managers on
behalf of our customers.

Speaker 2 (13:03):
Okay, so basically people have a text. Is he grouping
owners together? See people sometimes misunderstand it. You're when you
call Vestera and say I want to be part of
the program, You're not. You're not a partnership. You they
help you buy a home for yourself. They own the
home lockstock.

Speaker 3 (13:24):
The consumer owns the home lock stock and.

Speaker 4 (13:26):
Okay, so Joe Smith owns the home.

Speaker 3 (13:29):
And then what we oversee everything. We find the buyer agents,
we find insurance agents, we find property managers, we find
ten thirty one intermediaries when they're doing the tax free exchange,
the closing companies. But we stay involved as hands on
professional nannies. You want to I love them saying that's

(13:50):
what we do because we're there to hold their hand
anytime they have any question. We find the best lenders
and the best loans, but we are there as a
teammate but not a legal partner. They own the home outright,
so they get all the proceeds from the home. We
don't get that. We don't touch that. That's not what

(14:10):
we do. We create that for them. So they have
typically positive cash flow or at least break even typically
for the first year, and lots of equity gain lots
of equity, gain the top markets economically, and realize.

Speaker 4 (14:26):
So the whole play is to builo, sell.

Speaker 3 (14:29):
High research research we could and sell high and make
money in between.

Speaker 2 (14:36):
And the real thing is not necessarily because their whole
time is about three years. So the real deal is
not just to own something for three years. But if
you're in the program, if you're younger, let's say in
the program, you buy and you hold for about two
or three years, maybe three and a half years, and
then ten thirty one into your next.

Speaker 3 (14:57):
Two proxies Strobberty sell one by two.

Speaker 4 (15:00):
Have people been able to do that?

Speaker 3 (15:01):
Absolutely okay? And then they stay in those.

Speaker 2 (15:05):
And then one sell two and by four and they're
all self sustaining.

Speaker 3 (15:10):
They're all self sustaining the requirement when the interest rate
is just a tad lower than it is now, and
with a new settlement today worldwide, I'm talking about why
the interest rates should be coming down. And as they
come down, we'll have once again absolute positive cash flow
in year one and higher gain in year two, three

(15:32):
and four. Sell the properties now, Tom, many people get
ready for retirement and tell me, you know, Berry, in
six to eight years, we want five, ten twelve thousand
dollars a month in positive cash flow. Well, then we
shift the program so they could have that cash flow,
and we do that seminar coming up so people could
find out how it works.

Speaker 2 (15:53):
Hey, I have had, by the way, a lot of
positive feedback from people who've purchased homes with you guys,
and I've done four of them, and it's really it's
really cool. You you just sit back and you don't
really do anything. I mean, that's the really shit that's
in the beginning. When you close, you got to sign
papers and all that. They do the closing right at
your house. Anyway, that is a way people like to

(16:16):
make money being landlords. Other way, what are other ways
people like to make People like to have side gigs
of all kinds. I mean, that's one of the biggest
things now since COVID, I think a lot of people
have been doing trying to make money elsewhere. Barry there,
the stats show that more than ever people were studying
for real estate. They want to be a real estate agent,

(16:37):
they want to be a broker. And you have your
own thoughts about the industry about how basically it sucks.

Speaker 3 (16:45):
I mean you think, no, I'm.

Speaker 2 (16:47):
Serious, You think a lot of people in the industry
don't know what they're doing.

Speaker 3 (16:52):
If ninety five percent is a lot out of one hundred, yes,
I do. They're not trained well, they don't get the license,
doesn't make them successful in sales. Ninety five percent of
them who get a license don't succeed longer than fifteen months.
So there's something wrong with the management setup of that
whole real estate industry that does not help consumers.

Speaker 2 (17:15):
Okay, I am sending this to D, but D, this
is one I'm going to tell you. This is one
out of twenty five twenty four we're so positive. I'm
not going to read them because they're going to just
go to your head. This is the one that wasn't positive.

Speaker 5 (17:33):
Let's hear it. No, I have a very thick skin.
Come on, entertain No.

Speaker 2 (17:38):
Because I didn't want. I want because all of them,
not all of them. Twenty five to one, wow, or
twenty four to one.

Speaker 3 (17:45):
It's not bad.

Speaker 4 (17:46):
Twenty four good ones.

Speaker 3 (17:47):
That's great.

Speaker 4 (17:48):
This one says me and my wife, You really are
you reading?

Speaker 8 (17:50):
Yeah?

Speaker 2 (17:52):
Me and my wife think Dimitri is annoying and disrespectful
of guests. Now, I wasn't listening much like constant undermining him.

Speaker 4 (18:01):
Do you have any idea what they're talking about?

Speaker 2 (18:02):
What's the point of having experts when Dimitri knows everything
and is always right and holy? Now the reason why
I laughed on is listen, I get criticized so much
all the time.

Speaker 4 (18:13):
I mean my life.

Speaker 2 (18:15):
First of all, I say, don't even go into media,
don't even bother if you can't take criticism. But I
wonder what they're talking about, because I really truly didn't
listen that much.

Speaker 4 (18:24):
I couldn't.

Speaker 3 (18:25):
I was under the weather.

Speaker 4 (18:26):
But do you have anything anything come to mind?

Speaker 5 (18:29):
I mean, what's wrong with being such an expert and
always so holy? I mean, somebody's got to balance out
Mark Major during the show.

Speaker 2 (18:35):
That's true, but he wasn't with you if John Fuller
was so do you recall any callers that you had
to put assess straight?

Speaker 3 (18:43):
No? I really don't.

Speaker 2 (18:44):
Now.

Speaker 5 (18:45):
I think what maybe that texter is referring to is
that sometimes I do crack a joke, but it's not
meant to be at the caller's expense. I'm just trying
to introduce something a little bit funny and a little
bit entertaining into our call. That doesn't mean that John,
and I are Mark, and I are you, and I
are taking the call and the.

Speaker 3 (19:01):
Problem any less?

Speaker 5 (19:02):
Seriously, No, Now, this after all called a show, right right,
and it is true?

Speaker 2 (19:08):
So anyway three zero three seven one three talk three
oh three seven one three eight two five five. If
if you're like many people, you know you're having a
problem right now. I can't believe how many people I
run into and say, Tom, what about this? What about that?
What about this? What would you do here? What we
do there? And one of the biggest problems has been

(19:29):
getting people to do a job properly after making payment. Now,
remember what I just said, after making payment? So what's
the moral don't make payment upfront? Just don't do it.
Don't do it. No, I mean the best surgeons in
the world don't require payment upfront. You may say, well

(19:51):
they want insurance, pre authorization, blah blah blah.

Speaker 3 (19:53):
But what I'm saying is.

Speaker 2 (19:54):
This, Seriously, there is no reason in the world big
money has to be paid upfront. When work begins, things
are ordered, plans are made, these are when these are
indications of progress, when you can make payments. But if
I could sum up our problems, I would say the
vast majority of people, they pay up front and then

(20:16):
they're behind the eight ball, as we say, and they
don't get what is promised. If you're sitting there right now,
don't let it go. It's not gonna get better. I
know there's a lot of contractors sweet talking to you,
but what they do is they stall, install, install, and
then you're screwed. You really are screwed. So be careful.

(20:42):
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and integrity and great prices. You want Apple Air Heating
and Air Apple Air dot Com. Go with a sure

(21:07):
thing Denver's best roofer Excel Roofing dot com.

Speaker 3 (21:10):
You don't pay a cent until you're content.

Speaker 2 (21:13):
Plea time for an insurance check up free no obligation
comparison call Compass Insurance paying too much your coverage at
dozens of insurance companies find out now three oh three
seven seven to one help. You'll think you're his only
customer when you choose Frank durand the Real Estate Man
dot com to list your home with Remax Alliance three
oh three nine two zero sixteen twenty two.

Speaker 3 (21:40):
Tom arts you know here, Welcome to the show.

Speaker 2 (21:42):
Three O three seven one three talk seven one three
two five five Edward, what's going on? By the way, Uh,
starlink or SpaceX is it's actually SpaceX the IPO.

Speaker 4 (21:52):
Rightax the io.

Speaker 2 (21:54):
Yeah, and it's up eighteen bucks, I hear, Edward, what's
happening with you?

Speaker 9 (22:01):
I'm just kind of curious. I've been looking at it.
Starlink for a internet provider and yes, with a frozen
con dark. I heard that Mark has it, but I
also a backup as well.

Speaker 2 (22:13):
Yeah he does, he does proders. I don't think you
need two providers. It's pretty damn reliable. I know a
lot of people who have it with no backup. It's
their primary source. But I don't know where this notion
came in. You had to have a backup. But Marks
out in the country. I guess he also uses his

(22:33):
to travel in his motor home. I think so he
might just have one at the house because of his
regular broadband along with starlink. But starlink can absolutely be
your primary source, absolutely, and there's very.

Speaker 4 (22:48):
Little latency, which is amazing.

Speaker 2 (22:51):
Latency is delay, and there's very little delay with starlink.

Speaker 3 (22:55):
What are you using now?

Speaker 9 (23:00):
Company out of Nebraska called Alo Fiber?

Speaker 10 (23:03):
Oh?

Speaker 3 (23:03):
Really?

Speaker 4 (23:04):
And is it actual fiber to your home?

Speaker 8 (23:08):
Yeah?

Speaker 3 (23:08):
Correct.

Speaker 9 (23:09):
I've been paying like one hundred and eleven dollars a
month and I was looking at some of the pliants
from starlink and they're draging anywhere between eighty five.

Speaker 3 (23:16):
And fifty five.

Speaker 9 (23:17):
So right right, the easier on my wallet.

Speaker 3 (23:21):
It is.

Speaker 2 (23:22):
Here's the good part about starlink. There's no long term commitment.
The equipment's not expensive, so you can always get it.
And if you decide you don't want to use it,
I mean truly, you're not. It's not a big commitment,
it's it's just not have have you guys heard any
bo or D Have you heard any feedback on starlink?

Speaker 8 (23:44):
No?

Speaker 5 (23:44):
I mean surprisingly, I've heard nothing but positive feedback about too.

Speaker 2 (23:48):
I've never even heard people need backup. As a matter
of fact, did anyone other than hearing Mark? Did you
hear about anyone else Edward who said they had starlink?

Speaker 3 (24:02):
Is he there?

Speaker 9 (24:03):
I haven't heard Yeah. Yeah, none of my colleagues or
friends have Starlink. So honestly, the only thing I heard
is from what Mark has been saying about Starlink and
yourself obviously about starlink.

Speaker 2 (24:16):
So yeah, and by the way, I just gone, yeah, yeah, good,
you're gonna love it. And as in aside, I have
a friend who has a portable unit that took it
up in the helicopter and it worked the entire time
I had broadband flying in a helicopter around Denver, which
is I mean, think about that high speed internet.

Speaker 3 (24:37):
And weren't you broadcasting video live?

Speaker 4 (24:39):
Yeah, but I didn't do that. I didn't.

Speaker 2 (24:41):
Okay, yeah, I did that once through starlink, but most
of the time when I did my video, it was
a cell phone.

Speaker 3 (24:47):
And what does this cost?

Speaker 5 (24:49):
What is I've heard it was very reasonably priced, but
I really don't know if it's like sixty bucks or
one hundred and sixty.

Speaker 2 (24:54):
I think I think that is the caller still on.
As far as the month plan, I'm not sure because
I never, you know, I hear it. I just looked
it up here about eighty bucks a month for the
highest speeds.

Speaker 11 (25:09):
Yeah, go ahead, yeah, it's fifty five fifty.

Speaker 4 (25:13):
Fifty that's for basic for one hundred.

Speaker 9 (25:17):
And then yeah, eighty five for a hundred and then
I think it's like one hundred and a bus fifty
four megabat.

Speaker 3 (25:23):
They said for eighty bucks you get speeds.

Speaker 4 (25:26):
You can get two hundred megabits.

Speaker 5 (25:29):
Is that enough to watch a movie on TV or
Netflix or something?

Speaker 8 (25:32):
Is that?

Speaker 3 (25:33):
Is that? Oh my god?

Speaker 2 (25:34):
Yes, the lowest speed is fast enough for anything. The
lowest speed they have is fast enough for anything. But
two hundred megabits is for eighty bucks. Man, you can't
beat that. And the mobile rome plans start at fifty five,
and I'm not sure if you can get the higher
speed on the mobile ones. But as Dimitri said, we
were able to do live video from a helicopter with

(25:56):
the portable unit, and I think Mark has the portable
unit again. Though residential one hundred one hundred megabits per
second has been a pretty standard. People are getting that mostly,
but a lot of residential people who do a lot
of streaming, video calls, conferencing and business. But you can

(26:18):
even get four hundred megabits for one hundred and thirty bucks.
I mean that's like a factory. I mean you could
run a server with four hundred megabits and you're paying
one hundred and thirty bucks a month. That's the top
tier maximum speed and performance. So I don't see how
you go wrong, and you don't. So if you start

(26:41):
out with one plan you want to downsize or upsize,
you don't have to change your except when you go mobile.

Speaker 3 (26:47):
You don't have to have a mobile unit.

Speaker 2 (26:49):
But really there's not much difference between mobile and stationary
as far as roaming plans, and I don't know what
they mean by roaming plans for travel and RVs. They
have like one hundred gigabytes fifty five bucks for occasional
traveling and camping, and three hundred gigabytes, which is really less,

(27:10):
way less than the others.

Speaker 3 (27:11):
I don't know why you couldn't.

Speaker 2 (27:12):
Why couldn't you get a residential plan and then put
it in a motor home. I wonder what would happen
if they if they go buy zip code or something.
I don't know why, because I used to do dish
on a motor home back in the day, and I
would use a dish, a regular dish, right, I'm not
talking about the big dish. I'm talking about the seaband

(27:34):
and it was a little dome on the top of
my motor home and it would track down the road,
or when you got to a motorhome park, it would
lock into a satellite. But I had a regular residential
plan and I simply I just used my residential plan
and it never went dark. And I never used a

(27:55):
mobile plan. So I'm not sure if anybody can tell
us on that. I'd love to know. You have a comment.
You have Starlink, go ahead, Renee, tell me about it.

Speaker 12 (28:06):
I have had Starlink since everybody was on the waiting list,
and they've raised it. Maybe once I can run two xboxes.
My son can play Xbox Live and Neil Lag so
it's just absolutely reliable. I have nothing bad to say
about it. It's never gone out. They even sent me

(28:28):
a Starlink Mini for free.

Speaker 3 (28:31):
Wow. Now can you take that mini?

Speaker 2 (28:34):
And what if you put it in your car or
went somewhere camping or something, would it work or do
you need another plan for that?

Speaker 3 (28:43):
Well?

Speaker 12 (28:44):
I haven't actually activated it yet, so it's still sitting
in the box. But they I don't pay for it
until I use it. It's my understanding of it.

Speaker 2 (28:54):
Okay, thank you, Renee. And Tony has a comment on starlink.
Go ahead, Tony, what's happening?

Speaker 8 (29:01):
Hey Tom? How are you doing? Man, I'm a long
time good.

Speaker 3 (29:04):
Thank you, bro, Thank you.

Speaker 8 (29:05):
I appreciate what you do a lot to help a
lot of people, man. But thanks song to let you know.
I'm from Colorado, moved up through to Wyoming. I'm in the.

Speaker 11 (29:14):
Situation women right now and.

Speaker 8 (29:16):
Back in twenty one the Twins starting Corner House because
our provider in town didn't carry out that far to
the country right right, and we put Starling Connor House. Phenomenal.
The only problem I had getting used to was, you know,
I'm a bit older, so like talking to customer service
every ting, so okay. But the only problem I've had

(29:38):
I've had of the past five and a half years
i've been out there is one hailstorm destroyed a distant
double house.

Speaker 3 (29:44):
And you mean that.

Speaker 2 (29:46):
That little plastic thing was destroyed. I heard they were
pretty hardy. It must have been big hal that hit it.

Speaker 3 (29:52):
It was.

Speaker 8 (29:53):
It was.

Speaker 2 (29:53):
It was.

Speaker 8 (29:54):
It's been through Wyoming, wind and sunbeat and cold weather
and everything else without infil great great connection, great service service.
But even on that note, though, by the time I
got through to customer service to send him an email
how I was moved like I didn't have good comms.
They noticed that, and they already already had one en route.

Speaker 4 (30:14):
Sent one to me.

Speaker 8 (30:15):
So two days later I really just put on my house. Yep.

Speaker 2 (30:18):
But but hold on, when you had a new one,
put on on their dime or did you pay for it?

Speaker 8 (30:24):
Nope? It was one hundred percent covered.

Speaker 3 (30:27):
Wow does that come with every star link?

Speaker 8 (30:31):
I believe it is. I mean I I started out
of one hundred dollars a month feet, which I thought
was pretty steep compared to the rural ones. But then yeah, uh,
three years ago they lowered it to ninety dollars, and
like your last caller said, I received a serving MENI
my personal one. It's a small, little but the size
of my hand.

Speaker 3 (30:50):
Yeah, And I.

Speaker 8 (30:50):
Plug it in my I put it on top of
my truck when I'm outside of fishing in the middle
of nowhere, plug it in a cigarette lighter and I
got powered.

Speaker 11 (30:58):
Yeah.

Speaker 3 (31:00):
Cool. Thank you very much for calling.

Speaker 2 (31:02):
Now we have to we have to uh take this
or renew home innovations. By the way, Italian porcelain showers,
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(31:24):
four two thousand. Go with a sure thing Denver's best
roofer Excel Roofing dot com. You don't pay a cent
until you're content. Wait time for an insurance check up free,
no obligation. In comparison, call Compass Insurance paying too much
your coverage at dozens of insurance companies find out Now

(31:47):
three oh three seven to seven to one help. You'll
think you're his only customer when you choose Frank durand
the real Estate Man dot com to list your home
with Remax Alliance three oh three nine two zero sixteen
twenty two. Hey, I'm Tom Martino, your troubleshooter three o
three seven to one three talk. Hey, Speaking of real estate,

(32:09):
Frank durand Thereestateman dot com will do a valuation of
your home to see what it will sell for. Frank
Duran is one of the few realtors to do it
right man. If you want someone to buy or sell
your real estate, you won't do better than Frank Frank
Duran the realestateman dot com complementary service. He'll tell you
what your house will sell for what you'll free of
charge three oh three nine two zero sixteen twenty two. Okay,

(32:34):
get your calls in on any topic. We're going into
a news break, but we'll take your calls at three
O three seven one three talk seven one three eight
two five five. Barry Millers with us from Vestera Turnkey. Barry,
what do you think the barrier to entry is when
it comes to Vestera? Vesteria is a program that helps
you acquire a home an in a hot rental market

(32:57):
and a good economy for equity growth.

Speaker 4 (33:01):
What would be a barrier to entry?

Speaker 2 (33:03):
You have to have credit, right, Obviously they have to
have credit to get it a loan or a lot
of cash. But don't they have these new loans that
go buy the house itself.

Speaker 3 (33:11):
Yes, it's called a D S c R loan. It's created.
It's it's death service, a covered ratio, if you will.
The home must have positive cash flow to cover the mortgage,
the taxes, the insurance and the small.

Speaker 8 (33:28):
H o a F.

Speaker 3 (33:29):
If there is one, Barry, how.

Speaker 5 (33:31):
Do you know, if you haven't even bought the home,
how do you know what the what the cash flow
is if it's not already a rental?

Speaker 4 (33:37):
Very easily they assume no appraisers.

Speaker 3 (33:40):
Appraisers determine what the market rent is by knowledge. They
have all the facts, and appraisers say what the rent
is and that's what the lender uses. Oh, I had
no idea that was even possible.

Speaker 5 (33:53):
So this loan so from time to app from the
time you apply, provided the numbers make sense, from the
time you apply until you get a check.

Speaker 3 (34:02):
Roughly speaking, how long does it take? Not?

Speaker 4 (34:05):
You know, I wouldn't get the check, but I can
tell you as a customer.

Speaker 3 (34:10):
Oh really, Okay, it was three weeks. I was going
to say it's weeks. That's it.

Speaker 2 (34:14):
I had three weeks. I filled out the app okay.
And then this guy contacts me that Barry. Barry found him.
He calls just what I need. I did everything by email.
Three weeks later he was to close with it. That's amazing.

Speaker 5 (34:29):
And then so Barry me to ask you about this
program rental property. Then you can depreciate the house, right,
So how does that work?

Speaker 2 (34:39):
In a good question, because I haven't gotten to that
point yet, do you encouraged appreciation or not.

Speaker 3 (34:45):
No, we encourage yes them. We encourage people to talk
to their CPA, their accountant, because you could take accelerated depreciation,
then you have to get give some of that back
when you sell the property. Right, you may not want
to do that, So that's a tax situation, and I
refer people to the experts, the CPA or taxes. But

(35:07):
it's still possible.

Speaker 5 (35:08):
So for those investors who can benefit from the depreciation
of a rental property, they can do it just like
they would with a house.

Speaker 3 (35:14):
They you know, they went out and bought in castle.

Speaker 9 (35:16):
Right.

Speaker 3 (35:16):
When we talk about our customer, we've had no customers
having backward years since twenty nineteen when we reactivated the company,
forward positive making years, most of them making between twenty
five and forty percent. And that's not counting depreciation. That's amazing.
All right.

Speaker 4 (35:34):
I'm Tom Martino.

Speaker 2 (35:35):
This is the Troubleshooter Show, Solving problems, answering questions, taking
the planes.

Speaker 3 (35:40):
We were talking about Starlink.

Speaker 2 (35:41):
If you have any questions you have on any consumer
issue or a problem, call us at three oh three
seven one three talk three oh three seven one three
eight two five five. Go with a sure thing Denver's
best roofer Excel Roofing dot com.

Speaker 3 (35:59):
You don't pay a cent until you're content.

Speaker 2 (36:02):
Plead time for an insurance check up free, no obligation
comparison call Compass Insurance Paying too much your coverage at
dozens of insurance companies find out now three oh three
seven to seven to one help. You'll think you're his
only customer when you choose Frank Durand the real estate
Man dot com to list your home with Remax Alliance
three oh three nine two zero sixteen twenty.

Speaker 1 (36:24):
Two, forty five years strong. Solving your problems, answering questions,
taking complaints. This is the Troubleshooter Show.

Speaker 2 (36:35):
No Tom Martino, Hello, Tom Martino here, Welcome to the show.
Three all three seven to one three talks our number
three oh three seven one three.

Speaker 3 (36:48):
Eight two five five.

Speaker 2 (36:50):
Gravinas has the greatest selection of windows fifty brands nine
to fifty West Evans. Gravina's a family tradition started sixty
five years ago. Now run by Nick the Grandson, Great
Company Windows Siding, Indoors, Gravinas dot com or three oh
three Gravina three O three Gravina. Barry Miller's with us

(37:11):
today from Vesterra Turnkey.

Speaker 4 (37:12):
We're talking a little.

Speaker 2 (37:13):
Bit about real estate in general and Vesterra Turnkey, the
system for becoming a landlord, and again, interest rates put
a little crinkle in the wrinkle or a little wrinkle
in the crinkle when it comes to anybody being a landlord.
But they do research around the country. He loves to
tout research, research, research in order to find the best

(37:34):
places to buy rentals. If you have a question on
Vesterra Turnkey, on rentals or on anything, you can call
three oh three Martino three O three six two seven
eight four sixty six, or you can call three O
three seven one three talk. That's three O three seven

(37:55):
to one three eight two five five.

Speaker 4 (37:59):
And we'll talk anything.

Speaker 2 (38:01):
Don't let problems fester the longer you sit on the rearse,
they're going to be. If you need advice before getting
into a transaction, that's even better.

Speaker 4 (38:10):
Okay, so you can call and we'll talk about it.

Speaker 2 (38:13):
There's almost nothing we haven't heard about, or there's almost
no one around that we can't call for expertise.

Speaker 4 (38:23):
So welcome.

Speaker 13 (38:24):
Now.

Speaker 2 (38:24):
As far as Vesterra Turnkey, you know we're talking about
real estate in general, talking about Vestera Turnkey, we're talking
about interest rates. Interest rates have to have an impact
on your business barrier because people buy in order to
in order to hold and then to sell, but they
don't want to have too much of a negative. And
when it comes to rentals, with the interest rates to

(38:47):
where they are, are people able to break even at
least in the markets that you select.

Speaker 3 (38:53):
Almost all the time. Almost all the time means over
eighty percent of our customers have neutral or positive it
may be small, fifty sixty hundred dollars a month positive
cash flow. In the first year, Tom, the interest rates
have not hurt us much at all, much at all.

(39:13):
Why because the interest rates for investors are around seven
or a little under seven percent. When they got to
seven and a half percent, that's where it turned just
a little negative. But I had customer saying, Barry, with
all the gains we're making, we'll take one hundred dollars negative.
And I said you will, and most of my customers

(39:34):
said yes, And so I changed and altered and allow
a very very we allow we only allow a very
small negative cash flow. But eighty percent of our customers
have a positive cash flow from day to one.

Speaker 2 (39:47):
And as far as whole time three years. If they
do want out, and they if they do want out
and they don't want to do a ten three thirty one, they.

Speaker 3 (40:00):
Give do that too anytime they have to pay taxes
of course, thirty percent capital gains in Colorado. Yeah, it's
not terrible. No, it's not terrible. It's just a lot
of money. But that people say, well, can I avoid it? Yes,
but only temporarily. Have to keep moving a forward, moving
it forward. But you don't pay on the tax you saved.

(40:21):
It is true savings in your life, big time and Berry.

Speaker 5 (40:25):
You can't really get away from capital gains no matter
what your investment vehicle is.

Speaker 3 (40:30):
Not quite true, not quite truly. Meet a lady. I
do not know her by name, but our ten thirty
one intermediary expert share this with me. She was smart
at a young age. Now she was a single lady.
She ended up having five investment properties in the metro
area by design, and she said, when I get older,

(40:50):
you know how the tax laws.

Speaker 4 (40:51):
You're going to tell us what she did.

Speaker 3 (40:52):
She moved in it, lived in it for three years,
made it her primary residence.

Speaker 4 (40:58):
And then does it again and again anygain?

Speaker 10 (40:59):
Huh?

Speaker 5 (41:00):
Yeah, I think Tom was telling me that they're actually
remodeling contractors.

Speaker 3 (41:03):
They do that.

Speaker 4 (41:04):
They do mix and flips and never pay capital.

Speaker 3 (41:06):
Games, spend their whole life without paying, with no taxes.

Speaker 2 (41:09):
Hold on, let me take Steve real quick. That you're
right to me, Tree, that is a strategy. I know
people actually doing I know they're actually doing it, Steve.
What is your question on a ticket?

Speaker 3 (41:23):
Steve?

Speaker 4 (41:27):
Okay?

Speaker 3 (41:27):
Do we not have him talk to me?

Speaker 2 (41:32):
Yeah?

Speaker 3 (41:32):
I can. I can hear you, Steve. Go ahead, sir.

Speaker 14 (41:36):
So my brother in law came up here to Colorado
from Texas. I loaned him my pickup. I've got an
express ticket in the windshield. Anyway, he crossed the two
white lines where it hosts that there's a fine all out.

Speaker 3 (41:54):
Tom, does that sound familiar? I know two solid lines.
That happens. Man, It happened to me.

Speaker 2 (41:59):
I I just don't if you know, you have to
be a rocket scientist to take those directions.

Speaker 4 (42:04):
They I think they put them there to trick you.

Speaker 2 (42:07):
There's only a certain spot you can go in and out,
even if you're willing to pay. Yes, do you understand
if you're willing to pay for the express, and you
go in and go under that toll, you'll still be
penalized if you didn't go in the right place.

Speaker 5 (42:22):
Yes, I do understand that that's not very difficult. I
don't think you have to be right difficult.

Speaker 2 (42:26):
I don't think you have to be a right when
you're driving along those dotted things.

Speaker 3 (42:32):
They don't.

Speaker 4 (42:33):
Here's what people assume.

Speaker 2 (42:34):
Well, wait a minute, I want to get Oh wait
a minute, that's the express. I want to get in
an express. And they get in there and they do
go under the toll thing and pay their toll, so
it's not like they're cheating, but because they did not
enter properly.

Speaker 3 (42:50):
That's the kind of ticket I.

Speaker 4 (42:51):
Think is wrong. Not the one where you hop out
before the toll reader.

Speaker 2 (42:56):
It's the one where you hop in because you realize
you didn't take the entrance right, you didn't get in
in the proper spot, but you're.

Speaker 3 (43:04):
Willing to pay, so you go in.

Speaker 2 (43:06):
Now, somehow you were recorded going into that lane illegally,
but you still paid the toll for that lane, And
so what difference does it make where you entered.

Speaker 4 (43:17):
I don't know anyway what happened.

Speaker 14 (43:21):
Well, so here's my problem. I got a seventy five
dollars ticket for that, but I wasn't driving the truck.
My wife said, well, I'm not paying that ticket because
I didn't create that infraction, right, So she I think.

Speaker 2 (43:39):
I think, I think you're right by the way. I
because didn't they ask who was driving? Or did they
ask if it's you or something like that.

Speaker 14 (43:47):
Well, I got online, I posted a complaint, told them
that I had loaned the vehicle to my brother in
law from Texas. I was not in the vehicle, and
my wife said that you looked at the response, you know,
several days later, and they basically said, we don't care
who's driving the vehicle. It was your vehicle. But I

(44:11):
come back to, why am I responsible for somebody else?
That's like somebody robbing a bank, but they borrowed my.

Speaker 4 (44:17):
Shirt, right, or your car or your car or anything?

Speaker 3 (44:20):
Right?

Speaker 2 (44:21):
Why would they be Why would you be responsible? I
don't see how you can be because you didn't commit
the infraction. I agree with you, Steve. Did they really
say it doesn't matter who was driving?

Speaker 8 (44:32):
Yep?

Speaker 14 (44:33):
They said that it was my vehicle and I'm responsible
for my vehicle.

Speaker 3 (44:38):
Hmmm, that's an interesting take. I'm wondering, do they have
a hearing?

Speaker 2 (44:43):
Can can you take? Can you take a hearing? It's
not automatic. I know that if you don't pay it
that they will. Don't They take you to court and
then you can tell your story or not?

Speaker 3 (44:56):
Well, yeah, not by default, you have Yeah, you have
to request the hearing. I thought the.

Speaker 4 (45:05):
Tickets like a summer a living.

Speaker 3 (45:08):
No, you see this is uh.

Speaker 5 (45:09):
This isn't like a regular traffic ticket you get from
a policeman, but this is from the it's a quasi
governmental authority.

Speaker 4 (45:16):
I get it, but it is an accusation. It's an
accusation and then it becomes solid if you pay it.
But I do believe you're entitled to. I guarantee you
can get a hearing.

Speaker 5 (45:26):
The problem is it's in their so called court room
with their so called hearing judge or a hearing officer
who's an employee of the E four seventy authority or
whichever authority issued this sub this ticket, and that person
knows that if he or she starts ruling from the
in the favor of the consumer, he or she is
going to be looking for a different.

Speaker 3 (45:45):
Job pretty soon.

Speaker 5 (45:47):
So the question for our caller is have you been
able to request the hearing? And if so, is there
one that's going.

Speaker 2 (45:53):
To be because I want to go like, on the ticket,
does it say anything about requesting a hearing?

Speaker 14 (45:58):
Yep, so okay, he requests are hearing.

Speaker 4 (46:01):
But but I know your argument that you work.

Speaker 3 (46:04):
I get that.

Speaker 2 (46:05):
I get that, but that's that's part of being an American.
I swear to God to fight a speeding ticket, a
parking ticket, even a parking referee takes time. It's a
pain in the ass. But you can't just say I'm
not paying it without at least putting up an argument.
And to put up an argument's going to take time.

Speaker 5 (46:23):
Well time, Let's see what Steve has to say about this. So, Steve,
so are you going to request a hearing or you
just don't want to take the time off work?

Speaker 3 (46:31):
What do you think? What do you want to do next?

Speaker 14 (46:33):
Well, that's what I was calling in to you guys
for to see what kind of recourse there is.

Speaker 4 (46:38):
I would do the hearing.

Speaker 3 (46:40):
I want to know.

Speaker 2 (46:41):
I want to know if that's their stance. I want
to know if that is their stance, we should call them.
They should have someone that will talk to us about it.
Let's tell what about this? How about Steve's schedules a
hearing and invites me. I want to go along with it,
and then when I come back, careful, be careful when
you go, you whisper and his here, but don't give

(47:03):
him legal.

Speaker 3 (47:03):
Oh no, no, no, I don't want to go to
help him. I want to see what the process is like.

Speaker 5 (47:08):
And then the next day I can show up at
the show here and tell you what kind of a
fair hearing, if any, Steve.

Speaker 3 (47:14):
Gott and what the results are. I have a suggestion
for Steve.

Speaker 10 (47:18):
Tom.

Speaker 6 (47:19):
Yeah, Steven might save you a lot of aggravation and
time if you and get your brother brother in law
to send you the money for the ticket. He caused
the infraction.

Speaker 3 (47:29):
He should be responsible.

Speaker 2 (47:30):
You're right, but you know that's a separate issue, right, yeah,
total separate right. But should we I don't believe we
should be responsible for our vehicles.

Speaker 3 (47:39):
Do you no?

Speaker 5 (47:40):
Well, to a certain extent, if you loan your vehicle
to somebody who's not a good driver or an unlicensed
driver and they crash, then yeah, I think that some
responsibility for that is going to extend to you, for
giving your vehicle to an unqualified driver. This is a
different story, however, So see what do you mean? It's

(48:01):
the guy didn't kill anybody, okay, Star, the guy just
crossed the double whites or double yellows.

Speaker 3 (48:06):
And I want to go to the hearings because I
want to see what this process is. I looked this
up on the Colorado Department of Transportation.

Speaker 2 (48:13):
It says the registered owner is initially responsible for the notice,
even if someone else was driving the vehicle. The violation
is mailed to the registered owner, and it says and
then there's a Q and A. However, whether you transfer
liability depends on the type of notice. If it's an
express lane, toll or civil penalty notice. Civil Colorado generally

(48:36):
starts with the registered owner as a liable party. Many
camera based enforcement programs have a process to dispute it. Now,
this is what we're talking about, the notice and identify
another driver. But the exact procedure depends on the violation,
and it's outlined on the violation. So you would have

(48:58):
to name another I believe, so you'd have to say, hey,
I wasn't driving this guy was.

Speaker 5 (49:04):
Yeah, so Steve in your initial dispute in response to
which you just got this letter you mentioned, did you
rat out your brother in law?

Speaker 3 (49:12):
No? Oh, okay, However, I don't think that.

Speaker 5 (49:17):
I don't think that's what pins the response ultimate responsibility
onto Steve.

Speaker 3 (49:21):
Let's go to the hearing.

Speaker 14 (49:24):
Yeah, I don't know if he was driving or his
wife was driving.

Speaker 4 (49:28):
They were both okay, So yeah, that's a really good drive.

Speaker 8 (49:32):
Wow.

Speaker 3 (49:33):
He wanted to ask ask who's driving?

Speaker 2 (49:36):
And yeah, but that's a separate is you by the way,
And I need to know was this crossing the double
lines getting in or getting out?

Speaker 4 (49:46):
That makes a difference.

Speaker 8 (49:48):
I don't know.

Speaker 14 (49:49):
They didn't tell me that they did it. I just
got the ticket, let me go. And they showed a
picture of my truck. And when my wife showed it
to me and said, that can't my truck. I haven't
driven that truck in a month. And then I remember
that I loaned it to my brother in law.

Speaker 2 (50:06):
But so, okay, here I looked up some court precedent.
I looked up some court precedent, and it said that
I was driving. I was not driving the vehicle at
the time of violation. As a reason does DOT dismiss
civil penalties? The camera system issues a civil penalty based

(50:28):
on the registered owner, not the driver. C DOT states
that violations go to the registered owner and must be
paid or it stays on the vehicle. Now I've never
heard of that before, truly, I haven't. I've always heard
that it was the person that does the violation. But

(50:48):
they say when it's not a traffic but a civil penalty,
such as they specifically name a lane violation, that it
goes to the registered owner.

Speaker 3 (51:01):
But I don't know. I mean, and this is uh,
this is.

Speaker 2 (51:04):
According to express slainsafety dot com. And then you will
remain responsible and in some other valid basis to challenge it,
for example, the vehicle was stolen, the plate was misread,
or you actually never did it. The fact that someone

(51:25):
else was driving with permission will not get it dismissed.
One thing I would check says here, No, they look
at they're saying that in cases that people at hearings
they lost as well.

Speaker 4 (51:39):
So really you should ask your brother in.

Speaker 2 (51:42):
Law who is driving and say, you know you incourred
this ticket while driving my car. Pay it you really
you're not responsible. I agree, but the state is not
going to let you off the hook. And as you
even said, it's going to cost you more time in
trouble to fight it.

Speaker 5 (51:58):
But but Steve, hold on because Becky is on the line.
She went through this process and she might have some insights.

Speaker 3 (52:04):
Yeah, Becky, right, I did. What do you think?

Speaker 13 (52:10):
So you do have an opportunity if you've never violated before,
then you have an opportunity to file on law.

Speaker 11 (52:18):
On their website, there's an if you disagree, then.

Speaker 13 (52:22):
You can make a statement of why you disagree, and
usually they'll let you out of it once and then,
of course his brother in law doesn't need to pay
the ticket. He did the infraction. He needs to pay it,
but they do bill the owner of the vehicle first
to care who was driving?

Speaker 3 (52:43):
Yes, okay, of course not they want the seventy five bucks.
They don't care who was driving.

Speaker 10 (52:47):
That's right.

Speaker 13 (52:48):
Mine ended up being I had to pay four months
of seventy five dollars because they wouldn't let me out
of it.

Speaker 3 (52:56):
What do you mean four months of seventy five dollars?

Speaker 4 (52:58):
What does that mean?

Speaker 13 (52:59):
So they charged me a three hundred and fifty dollars fine.

Speaker 3 (53:03):
For four vis it. Sounds like you made four violations.

Speaker 13 (53:07):
No, I made one violation, but I said I'm going
to make payments. Then I'm not paying you three hundred
and fifty dollars up front. So I paid seventy five
dollars a month for four months. But they were not
going to let me out of it.

Speaker 3 (53:21):
Becky, the violation costs seventy five dollars. That's what the
ticket costs.

Speaker 2 (53:26):
You.

Speaker 13 (53:26):
You know it, pay it, and you let it go.

Speaker 11 (53:29):
They again and again and again. That can't be like
just let it lag.

Speaker 3 (53:37):
That can't be just improper. I mean even credit cards
can't do.

Speaker 13 (53:41):
Yeah, it's not fair.

Speaker 10 (53:43):
But they have a picture.

Speaker 13 (53:46):
They say, that's what I did when I was trying
to avoid an accident on the highway. Yeah, so I
wasn't trying to get in to use the lane. And
I have a toll tag, but I wasn't trying to
get in it to use that. I was avoiding an accident.

Speaker 3 (54:03):
All right, Well listen, I.

Speaker 13 (54:04):
Still had to be paid for it, and then I
get it. So and she's saying an appeal, And she's saying.

Speaker 2 (54:10):
Even if he appeals, the other driver is going to
be charged. They want someone, they want blood. They're not
just gonna let it go. We got more coming up
on the Troubleshooter show. Right after this, go with a
sure thing Denver's Best roofer Excel Roofing dot com.

Speaker 3 (54:27):
You don't pay a cent until you're content.

Speaker 2 (54:33):
Time for an insurance checkup free no obligation comparison call
Compass Insurance paying too much your coverage at dozens of
insurance companies find out now three O three seven seven
one help. You'll think you're his only customer when you
choose Frank durand the real estate Man dot com to
list your home with Remax Alliance three oh three nine
two zero sixteen twenty two. Hi Tom Martino, you're troubleshooter.

(55:00):
So it seems like it's been a bone of contention
that a lot of jurisdictions are holding registered owners responsible,
i should say, for what's going on on their car.
If their car is used and it's used for a violation,

(55:23):
they will hold your responsible even for the speeding tickets,
and they make the drivers come in and dispute it.
If the driver comes in on a speeding violation, they
are allowed to get out of it if they offer
up someone, because otherwise you're presumed guilty.

Speaker 3 (55:40):
This is like the only time this.

Speaker 2 (55:42):
Ever happens but it says it is a big deal,
and no one has ever done this as far as
challenged it in the courts. They don't take the time
to do it. I'm wondering what would happen if someone
challenges three zero three seven one three talk three zero

(56:02):
three seven one three eight.

Speaker 3 (56:04):
Two five five.

Speaker 2 (56:05):
You would have to say, look, I'm not driving, how
could I be speeding? You can't hold the car responsible
for speeding.

Speaker 3 (56:12):
But they do.

Speaker 4 (56:13):
Some have actually changed the law.

Speaker 2 (56:15):
They tried to change the law so it's a civil
violation against the owner of the vehicle. But but it
just doesn't make sense to me. And I think if
it was challenged they would lose, don't you. Well they
did last summer.

Speaker 5 (56:29):
Remember we actually had a lawyer that we interviewed during
the show about a year ago who got one of
those tickets for crossing the double line and he lost
the appeal at you know, the online one. Then he
also lost at the hearing, so he actually took them
to court. He took them to district court and said, look,
I've been charged and fined under the wrong statute, which

(56:51):
was the.

Speaker 4 (56:51):
Oh yeah, he won on something, didn't he He won?

Speaker 5 (56:54):
He won and because they charged him under the wrong law.
They urged them for toll evasion and his position and
it was a correct one. Hey, I didn't invade the toll. Look,
I paid the toll. You were just charging me for
crossing the double line. And the highway authority lost that case. However,

(57:14):
how many people have the wherewithal the time, the experience,
and the money to take the highway authority to actual
real court and win. Now, at the time, this guy
was actually considering a class action suit. I don't think
anything ever came of that.

Speaker 4 (57:30):
There's something needs to be done.

Speaker 2 (57:31):
Really, there is no real clarification of that right now.
So it's like the Wild West Barry A real quick question.
Someone wants to know what happens if a maintenance problem
or something happens in the middle of the night in
one of these houses. Who takes care of it? Yes,

(57:52):
and this is Vestera Turnkey. By the way, Vestera Turnkey
wealth Builders. I think you're calling it own.

Speaker 3 (57:57):
Vestera turnkey wealth Builders. That's more descriptive of who we
are and what we do. But we do because when
the customers give us the authority to take care of problems,
we only will take authority up to five hundred dollars.
But well, that's the kind. We haven't had one of

(58:18):
those calls in over a year.

Speaker 2 (58:20):
But if it goes with five hundred, you take care
of it without bothering the owner, without bothering it, it's
more than that you consult with the owner. Yes, have
you ever had to do capital calls in other words,
where the owner has to put money in other than
the down payment?

Speaker 3 (58:36):
Oh, I haven't under five percent of the time.

Speaker 4 (58:40):
In any of our houses. We haven't had to do
well over.

Speaker 3 (58:44):
One hundred and twenty properties, only six or seven have
had any kind of repair at all, and three of
those were over five hundred dollars. But we were involved anyway,
and we got the quoted bid to fix it reduced
by over fifty percent. Why because we know the business.

(59:05):
We know that when one contract contractor says changed the door,
we said no, look at the hinges, and all it
needed was a new hinge and a one foot piece
of wood.

Speaker 2 (59:16):
We take Coming up more Coming up on the Troubleshooter Show,
Go with a sure Thing Denver's Best roofer Excel Roofing
dot com.

Speaker 3 (59:28):
You don't pay a cent until you're content.

Speaker 2 (59:33):
Time for an insurance checkup free, no obligation comparison call
Compass Insurance paying too much your coverage at dozens of
insurance companies find out now three O three seven seven
to one.

Speaker 8 (59:43):
Help.

Speaker 2 (59:44):
You'll think you're his only customer when you choose Frank
durand the real estate man dot com to list your
home with Remax Alliance three oh three nine two zero
sixteen twenty two. Hi Tom Martino here, Welcome to the show.
Three h three E seven one three ton three A
three seven one three A two five five Dan, Go ahead, Dan,

(01:00:05):
with car buying.

Speaker 3 (01:00:07):
What's going on?

Speaker 15 (01:00:10):
Well, I'm looking at purchasing a truck private party sale.

Speaker 3 (01:00:14):
Uh.

Speaker 16 (01:00:15):
The seller sent a third party to meet you at
the truck.

Speaker 15 (01:00:21):
They had the title pre signed without and they left
the price plank for open for negotiation.

Speaker 16 (01:00:28):
We negotiated a.

Speaker 15 (01:00:29):
Price, but when I looked at the title, it had
a transferred date of May of twenty six. The car
facts that I pulled showed the last title was August
of twenty five, so that kind of raised the red
flag for me.

Speaker 4 (01:00:48):
So I gave him a.

Speaker 15 (01:00:50):
Little deposit to hold the truck until I could get
that figured out.

Speaker 16 (01:00:54):
I called the DNB.

Speaker 4 (01:00:55):
Okay, So I want I want to get this clear.

Speaker 2 (01:00:57):
I want to get a clear you're saying that the
car a fact shows the last title holder to be
when August of twenty five, August of twenty five, and
it showed no transfer after that.

Speaker 15 (01:01:16):
Correct, But the title shows May of twenty six, and
you know that.

Speaker 2 (01:01:22):
Was okay, But does it show they does it show
the same owner that owned it in twenty five? Does
it show the same owner in the twenty six paperwork?

Speaker 15 (01:01:36):
It doesn't say a name.

Speaker 16 (01:01:37):
It just says that there was a title transfer. I
did call the DMV.

Speaker 15 (01:01:42):
They did clarify that there was a title transfer in
May of twenty six.

Speaker 3 (01:01:48):
Okay, give a name.

Speaker 2 (01:01:49):
Here, so okay, but that you have to have a
name because that transfer in twenty six has to be
transferred to you by that person.

Speaker 16 (01:02:01):
Yeah, and that name is on the title.

Speaker 3 (01:02:03):
Okay. You said there wasn't a name, so you do.

Speaker 2 (01:02:06):
There is a name to someone who owns it now
and it was transferred to that person in twenty twenty six.

Speaker 8 (01:02:15):
Correct.

Speaker 4 (01:02:17):
Okay, they're skipping title.

Speaker 2 (01:02:18):
What they did was they probably bought it from someone
and they're reselling it and they did not want to
title it.

Speaker 3 (01:02:25):
In their own name.

Speaker 2 (01:02:26):
So what they're doing is they're taking the title that
was signed and passing it along to you and making money.

Speaker 3 (01:02:34):
So when you said he had the name the titles
in whose.

Speaker 15 (01:02:39):
Name in the current owner's name is their name is
the only one on the title and it's signed on
the back in their name.

Speaker 2 (01:02:49):
Except the person who is showing you this title is
someone else? Correct that someone else is the one who's
skipping title. They I can't guarantee it, but I have
a very strong hunch that that person is trying to
be a car broker without being a car broker. They

(01:03:10):
have purchased this vehicle, they're holding the title in abeyance
and transferring.

Speaker 4 (01:03:15):
It directly to you. That original owner is not selling
it to you.

Speaker 3 (01:03:19):
This guy is. And you know how you can tell.

Speaker 2 (01:03:25):
Here's how you can tell. Here's how you can tell.
How does he want you to make payment?

Speaker 8 (01:03:32):
Gosh, how do you know?

Speaker 5 (01:03:36):
How do you know this guy has the authority to
sell the car? How do you know it's not somebody
who's just and I'm not saying this is I have who.

Speaker 3 (01:03:42):
Found a title that was signed?

Speaker 4 (01:03:44):
I'm serious.

Speaker 3 (01:03:45):
I mean that's a good question.

Speaker 5 (01:03:46):
I mean, do you have any reason to believe this
guy is kind of shady or weird or just kind
of shifty or what.

Speaker 15 (01:03:54):
So the title is in one name.

Speaker 16 (01:03:56):
The lifting on Facebook marketplace was another name, and then.

Speaker 11 (01:04:00):
With somebody else to meet me with the truck.

Speaker 2 (01:04:04):
Yeah, stay stay away from this man. I just think
I think people are skip tied. The skip titling is
when you if I went out, Let's say Dmitri had
a car for sale, and I go to Dmitri and say, Dimitri,
I want to buy that car. So I paved Dmitri
and he gives me a signed title, but he doesn't

(01:04:28):
put my name in as the buyer. I take that
title and I say I'll fill it in later, and
I go ahead and sell it to you. And then
it looks like Dmitri is selling it to you. Actually
I am selling it to you, but I'm skipping title.
It's called skipping title, and that's what's going on with you.

(01:04:50):
And you might have two people skipping title.

Speaker 3 (01:04:53):
Tom.

Speaker 5 (01:04:53):
I think there is war. I think this is worse.
This isn't just mere titles skipping. What do you think
listen to this?

Speaker 3 (01:04:59):
The car isn't one name. The Facebook ad by the.

Speaker 5 (01:05:02):
Way, most of the fraud occurs on Facebook marketplace. Of course,
that's another name. And then the guy who wants cash
is yet a third name. Yeah, how can this possibly?
Can you explain to anybody how this? Did you ask questions?

Speaker 3 (01:05:17):
Dan?

Speaker 2 (01:05:19):
Oh?

Speaker 3 (01:05:19):
Yeah?

Speaker 16 (01:05:19):
Absolutely?

Speaker 2 (01:05:20):
Yeah?

Speaker 4 (01:05:21):
Okay?

Speaker 3 (01:05:21):
What did you ask?

Speaker 2 (01:05:22):
Specifically? What did you ask the person presenting the car
to you? They are the ones that wanted cash.

Speaker 16 (01:05:32):
No, they were just there to show me the vehicle.
The listing agent, let's just call him the listing agent.
He said that he just wanted cash.

Speaker 3 (01:05:46):
I presented a.

Speaker 2 (01:05:48):
And then did in any Wait, wait, and you said,
but you said, wait a minute, you want cash, but
someone else owns the car.

Speaker 4 (01:05:56):
How do I know you will give this cash to
the people that own the car? What did he say?

Speaker 16 (01:06:02):
Apparently they're they're in their business partners.

Speaker 3 (01:06:06):
But how do you know that? They told him?

Speaker 16 (01:06:08):
Yeah, yeah, that's that's so so so.

Speaker 2 (01:06:12):
What would happen if you paid cash to this guy
and this guy did not have authority to sell the car?
And this guy, uh is this that the owner of
the vehicle, the one on the registration, says you stole
the car. Yeah.

Speaker 15 (01:06:32):
I asked them to present a driver's license of.

Speaker 4 (01:06:36):
The owner and what that doesn't protect you either.

Speaker 16 (01:06:41):
I asked them to have the owner call me. I
asked them to meet me at the DMV.

Speaker 15 (01:06:49):
They said, if it's both some time, and why don't
you just go to the DMV and and make sure
that it was registered in twenty twenty six.

Speaker 16 (01:06:59):
I did that the morning. I'm just asked for the
owner to call me. I haven't got a response back.

Speaker 5 (01:07:08):
Man, this just smells. I mean, when there's so many
red flags, it just smells. Is the car just a
suspiciously good deal?

Speaker 17 (01:07:16):
It is? Oh?

Speaker 13 (01:07:20):
It is?

Speaker 3 (01:07:20):
Huh it is a suspiciously way.

Speaker 11 (01:07:23):
No, it seems fair.

Speaker 10 (01:07:25):
It seems fair.

Speaker 4 (01:07:27):
But here's the deal you got.

Speaker 2 (01:07:29):
You have the person who's presenting the car, you have
the person who listed the car, and then you have
the person who is the registered not the registered but
the titled owner of the car.

Speaker 3 (01:07:41):
The titled owner of the car signed it.

Speaker 2 (01:07:44):
Did they put who the buyer was on that title
or did they leave it blank?

Speaker 15 (01:07:49):
No?

Speaker 10 (01:07:50):
They left it blank.

Speaker 4 (01:07:52):
Did they put an amountain there?

Speaker 2 (01:07:55):
No? Yeah, See they're skip titling. That's really what it is.
I don't think it's fraud. I think it's fraud on
the state but I think it's skip titling and it
can burn you big time.

Speaker 18 (01:08:06):
There.

Speaker 2 (01:08:06):
They they probably paid the person for the vehicle, and
then they did not register it on person on purpose.
They didn't title it on purpose because they want to
sell it to someone else and then go from that
one they bought it from to you without being in
the middle.

Speaker 4 (01:08:23):
They don't want to be on paper. They just want
the money.

Speaker 3 (01:08:26):
Hey, what kind of car? And how much is there
in their name?

Speaker 2 (01:08:30):
No, the title is not in their name. You said
the title is in someone else's name.

Speaker 16 (01:08:35):
It's in someone's name.

Speaker 3 (01:08:36):
That's well, yeah, of course it is.

Speaker 4 (01:08:40):
Someone is not the one collecting the money.

Speaker 3 (01:08:44):
Yeah, what what's the car? What's the car? And how
much do they want for it?

Speaker 16 (01:08:50):
Ah, it's a Chevy.

Speaker 4 (01:08:55):
I gotta take I gotta take this break. We'll be
right back with more right after this.

Speaker 2 (01:08:59):
Go with us your thing Denver's Best Roofer Excel roofing
dot com. You don't pay a cent until you're content.
Time for an insurance check up free, no obligation. In comparison,
call Compass Insurance paying too much your coverage at dozens
of insurance companies find out now three oh three seven
seven to one help. You'll think you're his only customer

(01:09:21):
when you choose Frank durand the real estate man dot
com to list your home with Remax Alliance three oh
three nine two zero sixteen twenty two. Hi Tom Artino
here three O three seven to one three talk seven
one three A two five five som dan. Basically, here's

(01:09:42):
the bottom line. This deal smell the backfire on you.
You'd you don't necessarily have to meet the people who
signed the title, but if they ever deny anything, you
have no one to go back on that.

Speaker 4 (01:09:58):
That's the danger here is it could come back to
haunt you.

Speaker 2 (01:10:02):
Technically, you could probably take that title, fill in your
name and a price, and you could probably register it.
I had somebody sell us a vehicle one time that
was skip titled, where they had gotten the title from
the previous person, passed it on to me and did

(01:10:23):
not want to title it in their name. And it's risky,
That's all I'm saying. So you know, even if you
talk to the original owner, that original owner technically would
be entitled that money. This person that you're paying money
to has no authority to take money on that car.

Speaker 3 (01:10:45):
None.

Speaker 4 (01:10:47):
They can't even show you a bill of sale? Can
they dan?

Speaker 15 (01:10:52):
They did present a oh, a bill of sale from
when they purchased the bill they did.

Speaker 4 (01:10:57):
Wait a minute, you have a bill of sale?

Speaker 3 (01:11:01):
Go ahead.

Speaker 15 (01:11:01):
They did not have a bill of sale. There was
no records with the truck, only just the title and
a bill of sale that was pre pilled out with
the owner's information while the owner's name and signature same
same as on the right.

Speaker 2 (01:11:17):
Yeah, I wouldn't do it, but I just wouldn't do it.
I'm telling you it's it's going to come back to
haunt you. We got more coming up on the Troubleshooter Show.
Go with a sure Thing Denver's Best Roofer Excel Roofing
dot com.

Speaker 3 (01:11:30):
You don't pay a cent until you're content.

Speaker 2 (01:11:36):
Time for an insurance checkup, free, no obligation comparison call
Compass Insurance paying too much your coverage at dozens of
insurance companies find out now three oh three seven to
seven to one help. You'll think you're his only customer
when you choose Frank durand the Real estate Man dot
com to list your home with Remax Alliance three oh
three nine two zero sixteen twenty two.

Speaker 1 (01:11:57):
Forty five years strong, solving your problems, answering questions, taking complaints.
This is the Troubleshooter Show. No Tom Martino, Hey.

Speaker 3 (01:12:10):
Tom Martino here, Welcome to the show.

Speaker 4 (01:12:13):
Major Mark. Major's off today.

Speaker 2 (01:12:15):
He's trying to sign into YouTube on the camera if
we can get him up and running. But in anyway,
he's off enjoying himself in Alaska. Wow, I got Deputy
D and Deputy Bo with me today and Barry Miller
from Vestera Turnkey. You know that's where they make you
a landlord and they help you, and it's really cool.

(01:12:37):
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(01:13:00):
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can't find another master plumber to do this. And it's
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You can get whatever bottle you want and get healthy, healthy,
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Speaker 3 (01:13:34):
What about you?

Speaker 4 (01:13:35):
What is new in your life? We have Barry Miller
with us and we're asking for your calls.

Speaker 3 (01:13:40):
Yeah, I want to know.

Speaker 2 (01:13:42):
And by the way, it actually got a whisper to
me if Dan still has anything to talk about.

Speaker 4 (01:13:46):
If not, we'll take him off the board.

Speaker 2 (01:13:49):
Meanwhile, he was asking about buying cars, and there is
a trend in selling cars, by the way, I should say.

Speaker 3 (01:13:56):
And here's what people do.

Speaker 2 (01:13:57):
They'll they'll buy a car from someone and they'll get
a registration and they won't fill it in. They'll get
the registered owner at the time the seller to sign
the title and leave the buyer blank.

Speaker 4 (01:14:12):
They also leave the price blank.

Speaker 2 (01:14:15):
Then they take the blank title and the vehicle and
sell it to someone else.

Speaker 3 (01:14:23):
It's called skip titling.

Speaker 2 (01:14:25):
Now truly, the only person it usually hurts, or the
only entity it usually.

Speaker 3 (01:14:32):
Hurts, is the state.

Speaker 2 (01:14:35):
Because what the state would like is for you to
register it, record the sale, pay the transfer tax or
the sales tax.

Speaker 4 (01:14:46):
Then when you go to sell it, they have to
pay the sales tax. Again.

Speaker 2 (01:14:51):
This guy is clearly trying to sell without doing that.
And by the way, it's more common than you think.
It's called skip to idol and that means it goes
from someone selling it to you to someone else, but
you don't record yourself as an owner.

Speaker 3 (01:15:12):
It's a risky way of doing business because the.

Speaker 2 (01:15:15):
Original owner could claim they were never paid for it,
and there is no proof that the person did pay
for it.

Speaker 4 (01:15:22):
So it's really risky and I don't recommend doing it.

Speaker 2 (01:15:27):
Our number is three oh three seven one three talk
three O three seven one three eight two five five,
and really it's the only place you can call for
help on consumer issues. Free help, and we can get
attorneys on the line. We can get accountants on the line.
We get doctors on the line. We can get contractors
on the line, experts, plumbers, electricians to help you solve

(01:15:51):
your problem. So many people have problems and they hope
they go away, or they listen to a little song
and dance. Call it by a contractor beware of this
little tap dance when you ask where your money is,
beware because what you'll get is a bunch of that

(01:16:12):
little tap dancing. You say, where's my money? When are
you going to start the job, And that's what you get,
jive talking and tap dancing. So if you have someone
jive talking and tap dancing, give.

Speaker 3 (01:16:28):
Us a call.

Speaker 2 (01:16:29):
Okay, So we have Barry Miller with us from Vesera Turnkey.
As I said, Barry Miller's an esteemed real estate broker.
He's been around for years and years. He invented the
buyer broker in thing. If you have a buyer broker,
he invented the entire process. Before all real estate people
represented sellers for.

Speaker 4 (01:16:46):
Years and years and years and years and years.

Speaker 2 (01:16:48):
It didn't matter if you said, hey, I want to
buy a house and this guy took you around showed
you houses. That guy took you around showed your houses
would represent wherever he took you, he would represent the
seller by law, and Barry changed all.

Speaker 4 (01:17:01):
That back in the day to where you could have
a buyer broker.

Speaker 2 (01:17:05):
And then he changed even further which launched inter what
do they call it transaction brokers? Right, that's a transaction
broker who does basically the transaction. And we were talking
about real estate, and someone said, what does he mean?
And I know what they're talking about, by the way,
they're texting us at seven four seven.

Speaker 3 (01:17:27):
Eighty.

Speaker 2 (01:17:29):
What does he mean that ninety five percent of real
estate people don't have it right?

Speaker 3 (01:17:33):
What are they doing wrong? Well, they're not well trained,
they're not well super meaning. But what are they doing wrong?
Do you think frankly, they're cheating the buyers and sellers
because they don't know basic math. They're not seller side,
they're not getting the highest price for the seller buyer side.

(01:17:54):
Most of them are not getting the lowest best deal
for the buyer. And usually it comes down to math
and laziness and lack of man.

Speaker 2 (01:18:03):
Because you figure they can get their buyer to buy it,
why continue negotiating.

Speaker 3 (01:18:09):
Well, yeah, and sell it. Oh so we'll just make
the price lower and we'll get you a buyer. You know,
And that's not okay because we don't think.

Speaker 2 (01:18:18):
They're really What you're saying is they're not really looking
out for the interest of their client.

Speaker 3 (01:18:23):
Okay, I'll go right to the legal point. If I
do share a duty, legal duty, they're not doing it.
They're not doing the fight, dude. They have it when
they call themselves an agent. By law, they have to
have a fiduciary attitude and actually action to get the
seller the highest price, best terms that the seller can get.

(01:18:47):
And then if you're the buyer, agent the best deal
for the buyer.

Speaker 4 (01:18:50):
And you think they're lazy, so they just take the
first thing they can agree on.

Speaker 3 (01:18:54):
I don't think they're lazy. I know they're lazy. I
see it every day. I have a com plus percent
of the un bow hugget Yeah, and consumers will fill
out the all the surveys that Pew reports every time
they say, oh yeah, the real estate professionals, they're as
good as a used car salesman.

Speaker 6 (01:19:13):
What are you gonna say, bo, So most realtors, I know, Barry,
are your cousins, your relatives, your neighbors.

Speaker 17 (01:19:19):
I know.

Speaker 3 (01:19:20):
That's how they pick them. That's how they pick.

Speaker 6 (01:19:22):
Them, right, And they're just doing it as a side hustle,
not as a business. So, Barry, what is your opinion
of I think they should probably strengthen the rules and
regulations to get a real estate license, or to make
it tougher.

Speaker 3 (01:19:36):
And you know why, they won't. You know what, that's
the whole cause the agents themselves are not honest. They're
not dishonest people knowledgeable, they're not knowledgeable. But the state
lets them in. And the state government is the reason
why the no basic, no heavy duty requirements to get
a license, you know why. That's how the state government

(01:19:59):
stays in business. Known as the Colorado Real Estate Commission.
Put that near pipe and think about it. The Colorado
Real Estate Commission would not exist if they didn't get
all the money they get from licensees. And worse, the
National Association of Realtors, which sometimes is a great lobbyist
by the way, for consumers, so I want to give

(01:20:21):
them a really good shout out. However, they would not
exist because they'd collect all the dues money roughly one
thousand dollars for that new person with a license to
become a real tour a trade group association, and they
know darn well that ninety percent of them will not
even be practicing real estate in a year. Ninety five

(01:20:43):
percent will not be practicing real estate in eighteen months.
They're taking those poor little snuckers who said they're taking
the fees, say, oh, i'll get a real estate license
and hustle and make a lot of money.

Speaker 2 (01:20:55):
I'm going to tell you with a lot of I
want to mention this and I'm just going to say
it because I've observed it that it has become listing
a home has become an Instagram, uh contest, the way
they list homes. Young female real estate brokers put themselves

(01:21:17):
into almost every listing, every showing and do really fancy, good.

Speaker 4 (01:21:24):
Looking videos with attractive people.

Speaker 3 (01:21:28):
And I'm not saying it's bad. That's bad.

Speaker 2 (01:21:30):
No, they show these houses like never before shown never.
I mean they do fly through his fly and flys house.
Frank Durand does a great job with that. No, no,
he does a great job. But some of these young
and I say young female because that's who I've noticed,
or I say young, let's say forty five or younger.
And what they've been doing is they show these houses

(01:21:53):
and sometimes they work themselves into it and it and
they're doing magic. The production is like a freaking high price.
You know, it used to be when I was in TV.
For us to do productions cost money. We had to
do post production, we had to do the right filming,
we had to have things on tracks. You didn't have drones.
You didn't have gimbal mounts. We had big clucking cameras.

Speaker 3 (01:22:16):
We had to do so much.

Speaker 4 (01:22:18):
It was very expensive to produce highly polished videos.

Speaker 3 (01:22:22):
Now you take a phone. You got it. And then
with AI you can have a house.

Speaker 2 (01:22:27):
I saw one where they walked in it was vacant, right,
and as they look at the room, it's furnished. The
furniture slaps into place and they walked into the next room.

Speaker 3 (01:22:36):
Same thing happens.

Speaker 2 (01:22:38):
So you get to see the house unfurnished and furnished
at the same time.

Speaker 3 (01:22:41):
And this is a fly through video.

Speaker 2 (01:22:44):
They're absolutely beautiful, beautiful, and so that's good.

Speaker 4 (01:22:47):
It puts the best foot forward.

Speaker 2 (01:22:50):
But then how do those same people and I'm not
saying they're mutually exclusive, but how do we know because
they have the fancy productuction, they also have the fancy
negotiating and they get the right because because one doesn't
necessarily mean you're good at the other. Well, we'll talk
about that coming up.

Speaker 4 (01:23:10):
Three all three seven one three talk seven one three
eight two five.

Speaker 2 (01:23:14):
Five Go with a sure thing Denver's Best roofer Excel
roofing dot com. You don't pay a cent until you're content.
Time for an insurance checkup free, no obligation. In comparison,
call Compass Insurance paying too much your coverage at dozens

(01:23:35):
of insurance companies find out now three all three seven
seven to one help. You'll think you're his only customer
when you choose Frank durand the real estate man dot
com to list your home with Remax Alliance three all
three nine two zero sixteen twenty two. Hi Tom Martino here, Welcome,

(01:23:58):
Deputy d Over Here, Deputy Bow at the studio, we
got Barry Miller from Vestera Turnkey talking about becoming a
landlord without the conventional risks and hassles. And on Saturday,
the twenty seventh of June, we'll be getting together to
talk to people in person. And what he does is
he'll give you more detail about the program, but you

(01:24:23):
can ask any question you have now that you may have.
Certain things about the program are proprietary. Why why do
you make certain things proprietary?

Speaker 3 (01:24:34):
What is it? What is so? Like anything? There's separate
formulas for success. Where are we I don't give out
on the radio or where you're buying house? Yeah, where
the markets are because I don't want those I don't
mind saying incompetent real estate people and incompetent stockbrokers under
cutting us with half truth or lies or deceiving the

(01:24:57):
public and finding out where these special Marcus are. That's
why we do it to protect the welfare of our customers.

Speaker 2 (01:25:07):
Well, you don't want people going out and trying it
and saying, wait a minute, you said this was a
great market, and then they fall on their face.

Speaker 3 (01:25:12):
They don't know how to shop for a immaculate designed property,
and so you look.

Speaker 4 (01:25:20):
For properties that are what what kind of properties are
you looking for?

Speaker 3 (01:25:24):
Well, they have to have nearly no if it's not
a new home, which most of our homes are resale,
they have to be impeccable top shape. The basic components electric, plumbing, foundation, roofing,
and HVAC. They're the five basic components have to be

(01:25:45):
in tip top shape. And if they're not, we expect
the seller to put them in tiptop shape before our
buyer buys it. It's almost like Carfax. Okay, we're checking
out that the home doesn't have repairs that are going
to happen in the next two to three or four years.

Speaker 2 (01:26:03):
Okay, so once they once you identify the property. You
have buyer brokers in those markets, Well.

Speaker 3 (01:26:10):
The buyer brokers are the ones who find the properties. Okay, okay, okay.

Speaker 4 (01:26:14):
You have a relationship already with buyers.

Speaker 3 (01:26:17):
We have to we find the economic area, Tom. Then
we have to go and find the top notch buyer agent,
top notch seller agent when they go to sell the property,
top notch property manager. That takes us months, months to
get in the market and find that agent who's going
to be competent. They know how to negotiate negotiations is key.

(01:26:40):
That's the factor that most agents don't do. They don't
know how to negotiate. And we need a top negotiator
and a top researcher who then finds, with our help,
the top neighborhoods and then the best home within that neighborhood.
They present it to us, we do what we call
a financial scrub on the house, and then if it

(01:27:01):
passes our scrubbing analysis, we label it a grand Slam property.

Speaker 2 (01:27:06):
Do their interest rates ever get to a point where
you have to wait, say, wait a minute, the interest
rates are a little too high.

Speaker 3 (01:27:12):
We have not had that problem. Thank goodness.

Speaker 4 (01:27:16):
You mentioned you thought rates would come down.

Speaker 3 (01:27:18):
Why, well, simply put the bonds coming down, because they're
a fickle thing. Bond market ties into the stock.

Speaker 2 (01:27:25):
Sure, I mean, yeah, bond markets might be coming down,
but I mean inflation is still up, and as long
as inflation is up, you're gonna have a we're gonna
have a problem with interest rates.

Speaker 3 (01:27:37):
Well, it doesn't work quite synonymously that way.

Speaker 4 (01:27:42):
The bond Well, I'm talking about for the Fed to
lower Yeah.

Speaker 3 (01:27:45):
Yeah, right, right right, But they're going to lower it
when they feel more comfortable with the economy, that's right.
But frankly, we don't need it lower to be successful
and make twenty five thirty percent return per contact in cash.
That's phenomenal. There are there's nothing else better than real
estate frankly as an asset class.

Speaker 2 (01:28:07):
So if someone signs up for Saturday June twenty seventh,
that's my biggest return dot com?

Speaker 3 (01:28:12):
Where do they do that? They do that at my
biggest return dot com?

Speaker 4 (01:28:17):
And what do they see when they're there?

Speaker 3 (01:28:18):
What do you sell?

Speaker 4 (01:28:20):
What can you tell them there that you won't tell
them here?

Speaker 3 (01:28:23):
Oh? Well for at the seminar, Yeah, well, first of all,
they will have signed a non disclosure agreement they'll know
where the geographic markets are. Okay, they will see the
analysis that we do and how complete it is. Okay,
we don't give that out for the same reason we
don't want copycats to cheapen it if you will, and

(01:28:43):
so then they will find out other proprietary information. What
kind of research we do to find the markets?

Speaker 13 (01:28:50):
What makes it?

Speaker 2 (01:28:51):
What makes Denver or Colorado area bad a bad rental market?

Speaker 3 (01:28:54):
What makes it a bad are high prices?

Speaker 4 (01:28:56):
Prices and rental getting in right, the price getting in
what else us?

Speaker 3 (01:29:01):
I would say, low appreciation? Yeah, well, some condos have
lost value in the last year and a half, big
time lost value. Do you look at weather trends?

Speaker 2 (01:29:11):
By the way, I should ask that I will bow
in secondary weather weather trends, because really here it's made
condo owning and town home owning almost cost prohibitive because
of the assessments they're going to face and the ACB
roofing insurance claims I'm talking about to buy insurance, you're
going to have to pay a lot of money, and

(01:29:32):
you're gonna have to lost damage coverage, and you're going
to be faced with a lot of deferred maintenance. I
first of all, do any of your properties include condos
or townhomes.

Speaker 3 (01:29:44):
No, We're open to them, but we haven't found any
where the dollars make sense. Okay, and we're in states
where the hoa's are not nearly as bad as they
are in Colorado. You ask about Colorado, we have outrageous
HOA fees one thousand dollars. Pay this is this is
true in so many neighborhoods. One thousand dollars to just

(01:30:08):
transfer the name out of the That's just that's bull
that's just that's a hidden tax. It's a hidden tax.
And the lowest I've seen it lately is four hundred. Okay,
it's worth twenty five dollars. So we we reveal all
of these things and the proprietary things of importance to
the consumer at that live seminar. And you have to

(01:30:31):
look at jobs, right, Oh, jobs is key, but weather's
the weather became a big factor with out four to
five years ago. Weather assurance jobs is number one. But
we have fifty five plus economic elements that we look
at that all have to line up for that to
be the strongest econdment. Do you do you sub that

(01:30:54):
at that research? No, we do it ourselves. Now we
know where to get the data. It's easier to get
data today than it is any other time in our
And then you assemble the market, and then we identify
the market, and then we go and check. Look, it's
not just jobs, it's what companies are putting money into

(01:31:16):
the future. We need jobs three years from now for
the property to be a top property.

Speaker 2 (01:31:22):
All right, We have more coming up on the Troubleshooter Show.
Three o three seven one three eight two five five.
Go with a sure thing Denver's best roofer Excel Roofing
dot com. You don't pay a cent until you're content.

(01:31:43):
Time for an insurance checkup free no obligation comparison call
Compass Insurance paying too much your coverage at dozens of
insurance companies find out now three oh three seven seven
one help. You'll think you're his only customer when you
choose Frank durand the real estate Man dot com to
list your home with remac Allians three three nine two
zero sixteen twenty two. Hi Tom Martino here three three

(01:32:13):
seven one three talk seven one three eight two five five.

Speaker 3 (01:32:17):
We have some text here and somebody.

Speaker 2 (01:32:20):
Wants to know if they are buying a house. Can
they keep it longer than three years if they want to?

Speaker 3 (01:32:30):
Absolutely, yes, it's three years. It's just the turning point
where typically it has doubled the amount of cash that
you put in and you could sell one and buy two.
That's just for those who want to do the turnover
and maximize their return through many years. But tow many
people are buying them and holding them longer, getting them

(01:32:54):
paid off, get their loans down so that they could
have cash flow of thousands of dollars a month. So
it's a balance between cash flow.

Speaker 2 (01:33:03):
And so if somebody might have set it up for income,
you could set that up for future income.

Speaker 3 (01:33:07):
Set it up for future income. Many so they can
have two goals.

Speaker 2 (01:33:11):
They could have a goal of selling and cashing out
or ten thirty one ing and then cashing out, or
they could have cash flow.

Speaker 3 (01:33:20):
It's a balance between the cash flow and the equities.

Speaker 2 (01:33:23):
And I imagine can and somebody else wants to know,
can they do it through their retirement fund? That is
something that I can address through Martinal Capital.

Speaker 4 (01:33:32):
It's difficult. You have to have a qualified.

Speaker 2 (01:33:35):
Intermediary to do that, and that's why I've done four houses.

Speaker 3 (01:33:39):
I have been a partner.

Speaker 2 (01:33:41):
And when I do that, I'm able to set up
an LLC one that you don't have control over, but
you can own the house along with me and therefore
use qualified money. You can use retirement money. But it's
not the most efficient. Well, it is tax sufficient for sure.
Where it's not efficient is if you do it and

(01:34:08):
you want to invest a lot of money because you
can't control the rental, you can't control it.

Speaker 3 (01:34:16):
It has to be done.

Speaker 2 (01:34:19):
As a minority interest in the LLC for you to
use retirement funds. So the ideal situation would be how
much money down? Somebody wants to know what what do
they have to have in cash in order to do this?

Speaker 3 (01:34:33):
Generally nowadays eighty ish thousand dollars. Occasionally it's under eighty thousand.
Very frequently it's between eighty and ninety thousands, So they
have to have eight or ninety.

Speaker 2 (01:34:43):
They get a loan, it cash flows and then baby
basically they sit.

Speaker 3 (01:34:48):
On it, on it. We're doing all the work. They
sit back. Or we have pictures of people on the
beach just to symbolize that our customers our landlords, but
they don't have any of the landlord problems. We take
that on. That's part of what we do, and we
oversee it, okay.

Speaker 2 (01:35:06):
So in other words, when it comes to renting them out,
do they have to find rentals? Like what is the
scenario once they buy it? Does it sit bacon for
a month or so, or can you rent it out immediately?
What happens if somebody moves out? Does the owner they
want to know get directly involved with that.

Speaker 3 (01:35:26):
Scenario, well, directly involved in knowing what's going on, yes,
But in any of the activities are hard work. No.
We have found the best property managers in the area.
And typically the laws of the state say they may
not publicly advertise that property for sale. However, we have

(01:35:46):
property managers that have a network. And here's another statistic.
Approximately ninety six percent of our homes purchased by all
of our customers have a paying tenant before they ever
have to pay their first month's mortgage. So typically tip
right now, right now, And the season that we're in

(01:36:07):
is typically two weeks or less. Typically two weeks or less.
When there's a tenant paying already, and you've owned it
two weeks and there's a tenant.

Speaker 4 (01:36:18):
Okay, and do you have vacancies in between?

Speaker 3 (01:36:21):
Very very, very seldom, not even one percent of the time.

Speaker 4 (01:36:25):
Okay.

Speaker 2 (01:36:26):
So for big repairs, and what do you do for
big repairs people? Do they ever have to kick in money?

Speaker 3 (01:36:33):
Occasionally? There have been again three or four out of
our one hundred and twenty plus homes had to kick
in for it. But the two big ones were ACEVAC.
One was the air conditioning, the one was the heat pump.
But we got numerous bids, We got the contractors to
finance it over a period of time and it wasn't

(01:36:54):
that high cost. Okay.

Speaker 2 (01:36:56):
So when it comes to insurance then, and didductibles? What
kind of markets are we seeing when it comes to deductibles?
Are they doing only actual cash value or are they
insurance friendly markets? That's really important. Do they have to
come up with a lot of money with an insurance
claim or like they do in Colorado?

Speaker 3 (01:37:16):
No, And we have an insurance broker in our hot
spot or home run economic markets who know that market.
They shop for the best insurance programs, and our insurance
costs have been quite low.

Speaker 8 (01:37:33):
Yes.

Speaker 6 (01:37:33):
Quick, So when you do these houses on the insurance,
do you hire local insurance agents in that area?

Speaker 11 (01:37:42):
Do you?

Speaker 3 (01:37:42):
The answer is yes, but only because they have undercut
by their costs of premium. Those great insurance brokers we
here have here, I have no bones about it. Compass
is one of the best companies I've ever war. They
may not be licenseding you always life since in these states,
and they have. I have been told by numerous insurance companies,

(01:38:06):
the local insurance teams insurance brokers are getting a better
rate from the same companies even when they are licensed
in those states.

Speaker 4 (01:38:16):
My biggest return dot com.

Speaker 2 (01:38:17):
By the way, to sign up for that seminar on
the twenty seventh is ten in the morning in the
DTC area.

Speaker 4 (01:38:23):
Did you have another thing, BO, Yes, Barry.

Speaker 6 (01:38:25):
Do you also instead of the single family homes that
you do, do you also look for like duplexes and
six plexes little larger units.

Speaker 3 (01:38:34):
Okay, I'm going to be really really brief on this
and just to sync to the point. To find duplexus,
triplexes and four plexes is one of the closest things
that impossible that exists in residential real estate, because any
of them that make it to the multiple listing system,
there's something wrong. Those type of properties. BO are the
most popular throughout the country for the last fifty years.

(01:38:57):
They're typically sold to inside fans, family members, inside neighbors,
the lawyers who work for the owners, the real estate
agents who work for the owners. All of this is
legal and ethical, but they sell like hotcakes unless there's problems.
So we look for them all the time. But now

(01:39:18):
that's up to a four plex. We have found many
times five six, nine plex comes to mind, and we
find those and present them to our customers who have said, hey,
when you ever you find a multiplex up up to
any size, we're competent up to twenty units. Okay you are, Yeah,

(01:39:39):
we're not. We're not competent beyond that. I then find
a commercial rule. Very have you found a twenty unit?
That's pretty Our largest that any of our customers have
purchased in the last twenty years has been nine unitskay,
A magnificent, magnificent deal.

Speaker 4 (01:39:56):
Okay, So they will look at any opportunity.

Speaker 3 (01:39:59):
We have more coming up.

Speaker 2 (01:40:00):
The Troubleshooter Show three oh three seven, one, three, eight,
two five five Go with a sure thing Denver's Best
roofer Excel roofing dot com. You don't pay a cent
until you're content. Plea time for an insurance check up.
Free no obligation comparison call Compass Insurance paying too much

(01:40:23):
your coverage at dozens of insurance companies.

Speaker 3 (01:40:26):
Find out now three oh three seven seven to one help.

Speaker 2 (01:40:28):
You'll think you're his only customer when you choose Frank
durand the real estate man dot com to list your
home with Remax Alliance three oh three nine two zero
sixteen twenty two. Tom Arsino here three O three seven
one three talk seven one three eight two five five,

(01:40:49):
And I do have some questions here that have been
texted in. If you want to call, if you have
a problem, give us a call. You can call at
any time seven one three talk. That's three oh three,
seven one three eight two five five. People say, right
now to get into a home, you date the rate

(01:41:11):
and marry the house. But if you find a good
deal you get in. Can you refy these things? Do
people refin with your program?

Speaker 3 (01:41:20):
A couple of people have. We Again, we haven't had
outrageously high interest rates and we haven't had them come
down in the last three to four years. We're made
worthwhile to refinance. We have programs where with the lenders

(01:41:40):
where they look openly and tell us proactively doesn't make
sense to refinance, but we haven't. Even when they were
down for a day or two, they did not stay
down a week or two, or we would have had
a couple of more.

Speaker 2 (01:41:55):
But if there are substantial rate changes, you could see refining.

Speaker 3 (01:42:00):
Oh yeah, we do the math to show how beneficial
it can be and whether it will be beneficial or not.

Speaker 2 (01:42:07):
Okay, And so when you are buying a home, do
you do interest only loans or since you only keep
them for a short amount of time?

Speaker 3 (01:42:17):
Well, I am going to give this is not a
trade proprietary secret, but it's one of our trade secrets.
We have lenders who have agreed to not collect for
escrow collects. That saves thousands of dollars upfront, three to
eight thousand dollars cash our consumers keep and they don't
have to pay escrows for taxes or insurance. They make

(01:42:41):
hundreds of dollars that way. And yes, very often, most
often we go interest only. Why it's advantageous, But isn't
an escrow just pushing dollars? Though when they collect it,
you got to pay the tax anyway, right, Yeah, but
they're collecting it for a year and a half upfront.
Oh before then, why give them your money that you
could make an I guess gone.

Speaker 4 (01:43:02):
What about Okay, somebody else? This is on another topic
they want to know.

Speaker 2 (01:43:06):
They say that their broker wants to do an open house,
and they've heard that open houses benefit brokers more than
the actual people selling a house. How do you feel
about open houses? Well, with all your experience, good for
that person, number one.

Speaker 3 (01:43:19):
I was taught this my first week after I joined
a company in nineteen seventy eight. Berry, ninety nine percent
of the reason for holding an open houses for you
to get buyers. Know that that's the reason for open houses. However,
one percent of the homes that are held open sell
through an open house. I've held open houses, and actually

(01:43:43):
the main reason is to get new clients. The main reason,
ninety nine percent of the reason is to get new
buyer clients, not to sell the house. So what are
you looking for? Okay?

Speaker 4 (01:43:54):
So if it's not this, maybe I can show you
something else.

Speaker 3 (01:43:57):
Yeah, But there are ways to make an open house work.
Few agents know them, few agents do it. One is
co op with three other agents who have other houses
in the same neighborhood for sale, and send one buyer
to all four houses.

Speaker 4 (01:44:13):
Oh, we've done our group and then an open group.

Speaker 3 (01:44:16):
Then there's a chance then the odds go from four
percent to over ten percent that it may sell at
that open house. That's huge. Barry sales through rate is
fantastic possible, right right, right, all four people pitching money
the real doors and they do an effective job of marketing.
They attract more people now open houses, though you have

(01:44:38):
to be realistic. The house has to be priced right
by the way, there are ways to show off the
house even better than a video for the open house
itself and make it friendly and there's a chance you'll
sell that house.

Speaker 2 (01:44:54):
All right, So we have more coming up on the
Troubleshooter Show. You can call us at three zero three
seven one three Talks seven on three two five five.

Speaker 3 (01:45:02):
Brandy, I hope you can hang on.

Speaker 4 (01:45:03):
We have to take this break.

Speaker 3 (01:45:05):
Acts ask him to hang.

Speaker 2 (01:45:06):
On, and we have more on the Troubleshooter Show coming up.
Three oh three Martinos the number three oh three six
two seven eight four six Sex go with a sure
thing Denver's Best Rufer excel roofing dot com.

Speaker 3 (01:45:18):
You don't pay a cent until you're content. Wait time for.

Speaker 2 (01:45:23):
An insurance check up free no obligation comparison call Compass
Insurance paying too much your coverage at dozens of insurance companies.

Speaker 3 (01:45:31):
Find out now three oh three seven seven to one help.

Speaker 2 (01:45:34):
You'll think you're his only customer when you choose Frank
durand the real estate Man dot com to list your
home with Remax Alliance three oh three nine two zero
sixteen twenty two.

Speaker 3 (01:45:45):
Forty five years strong.

Speaker 1 (01:45:47):
Solving your problems, answering questions, taking complaints.

Speaker 4 (01:45:51):
This is the Troubleshooter Show.

Speaker 2 (01:45:54):
No Tom Martino, Hey, Tom Martino here, welcome to the show.
If you have a problem, a question or complaint, give
us a call. If you have a problem you need
help with, give us a call. We are here to
help you, and we're gonna go right to the phones. Randy,
what's going on with you? Randy, welcome to the show.

Speaker 10 (01:46:14):
Well, Hi, Tom, how you doing?

Speaker 3 (01:46:16):
Good man?

Speaker 4 (01:46:16):
What's happening?

Speaker 10 (01:46:19):
I'm just wondering on my credit card and my bills
do July fourth and if it gets shing that this
am I going to be charged Exterra on there?

Speaker 4 (01:46:28):
Yes you are.

Speaker 2 (01:46:29):
Wait wait if it's due on the fourth, it depends.
They usually calculate interest, so you pay the full amount.
If you go over, they give you a grace period,
but then that grace period disappears if you go.

Speaker 3 (01:46:44):
A day over.

Speaker 10 (01:46:46):
That's do I force a holiday? Right right?

Speaker 2 (01:46:50):
Oh you're saying, do they make it the next day?
You know what, I actually don't know that. I actually
don't know if they make it the next day.

Speaker 18 (01:46:58):
Yeah.

Speaker 10 (01:46:58):
Yeah, I'm not only reason I'm bringing it up. I mean,
I'll get my bill in there before that. I'm just
bringing it up for us.

Speaker 2 (01:47:04):
You know, that's a good point, and I can check
it out. I actually that is a good point. I
want to make a programming note here to leave. I
saw your camera. I wanted to let Talib know I
show your camera. So I have Marco in that room
and we can get them from the cruise ship. Okay,
here's what I would do. I would with electronic payments
and everything right now. I don't think holidays make a

(01:47:25):
bit of a difference. You can easily get the payment
in there on the fourth Everything's open all the time, is.

Speaker 4 (01:47:33):
What I'm saying.

Speaker 2 (01:47:33):
Oh way, yeah, what do you mean they do it
the old way? They don't close down the website.

Speaker 10 (01:47:41):
They just send in like a money order, which I.

Speaker 3 (01:47:45):
Do Oh that's what you do.

Speaker 2 (01:47:47):
Okay, Well, come on, man, it can't be that hard
to get it there before July fourth.

Speaker 10 (01:47:51):
Kennan, No, No, I will get it there. I'm just
wondering for other people in case something happens and it's
on the fifth, they're going to try.

Speaker 2 (01:48:00):
I would say, I would say this normally. Normally, I'll
be honest with you. I don't think it matters. I
don't think it matters. I think you have to have
it in. When you have to have it in, and
then they open the mail the next day, you're not
going to be late, obviously. If that's the way they
do it. Mark, you have a question, Go ahead, Mark,
welcome to the show. What's happening?

Speaker 13 (01:48:23):
Ah?

Speaker 3 (01:48:23):
Hi, this is Mark.

Speaker 8 (01:48:24):
Are you there, Tom?

Speaker 4 (01:48:25):
Yes, sir, what's happening?

Speaker 3 (01:48:26):
Mark?

Speaker 11 (01:48:27):
I got a great situation, never heard of it. A
long time lister anyway.

Speaker 3 (01:48:32):
Divorce in sixteen.

Speaker 11 (01:48:34):
In seventeen, I bought a condo for a three hundred thousand,
and then two years.

Speaker 3 (01:48:39):
Later I fell bankruptcy.

Speaker 11 (01:48:41):
I've got about ten creditors about fifty five thousand.

Speaker 8 (01:48:45):
Yeah.

Speaker 11 (01:48:45):
Two years later and let's say two thousand.

Speaker 7 (01:48:47):
And twenty two, I sold it for five hundred thousand,
because that's what we do. I paid off the creditors
in full penalties, interest, lawyercies.

Speaker 11 (01:49:00):
I still have the bankruptcy on it, but I paid
them up in full.

Speaker 3 (01:49:04):
Now, why did you?

Speaker 2 (01:49:05):
Wait a minute, why did you do a bankruptcy if
you paid them in full?

Speaker 13 (01:49:11):
Uh?

Speaker 11 (01:49:11):
No, The bankruptcy was in like a twenty nineteen, twenty twenty,
and I house's prices went.

Speaker 8 (01:49:19):
Up and I sold it and I pocketed, not pocketed.

Speaker 11 (01:49:22):
About two hundred grand in profit. And I said, oh
my gosh, I'm a moral person. I said, I'm gonna
pay very off in full, and I did.

Speaker 3 (01:49:30):
Might have been stupid, but you did that.

Speaker 4 (01:49:32):
Wait a minute, you did that after the bankruptcy?

Speaker 11 (01:49:36):
Yes, I did.

Speaker 2 (01:49:38):
Wow, Wow, that was That was a dumb thing to
do because you're not getting credit for it.

Speaker 8 (01:49:45):
That's my problem.

Speaker 11 (01:49:47):
What I guess what my My point is, they're paid
off in full?

Speaker 9 (01:49:51):
But right, DK.

Speaker 11 (01:49:53):
Hangover my head, But I guess, is there a recourse
that I can say, well, guess what now you were paid?

Speaker 3 (01:50:00):
Well? Is there?

Speaker 8 (01:50:03):
I mean, they were paid off.

Speaker 13 (01:50:04):
In So what are you what?

Speaker 2 (01:50:07):
What exactly? Okay, what exactly are you asking now that
you paid it? Off in full.

Speaker 11 (01:50:12):
What I'm asking, can I get something wiped off my record?
Because I said, God.

Speaker 2 (01:50:18):
No, no, that bankruptcy, that bankruptcy will be on your record,
absolutely on your record. You know there was a time,
there was many many, many many years ago, many years ago,
I had a business bankruptcy based on real estate. It
was the great recession in OA, and it was because

(01:50:40):
of everyone's real estate was chopped into like a third
and I owed way more. But I paid every consumer debt.
Mine was considered. It was called a business seven. That's
different because they were different categories.

Speaker 4 (01:50:57):
So it did not hurt me personally.

Speaker 2 (01:51:00):
That much because I never went I paid every single
consumer debt. But in your case, it was a consumer
bankruptcy and then you went ahead and paid it.

Speaker 3 (01:51:10):
It's so it's confusing.

Speaker 11 (01:51:12):
It was a thirteen. It was a chapter thirteen.

Speaker 3 (01:51:14):
Yeah, okay, at thirteen.

Speaker 2 (01:51:15):
Well look at if anything, though, at least the shows
you paid it should do is are the payments showing
up on No, the payments won't even show up on
your record.

Speaker 11 (01:51:27):
I've got the third I've got the DK hanging over
my head. But that's right, my Qutching tom My Cutching
Tom is can I write a bunch of letters just
to think, my gosh, that was paid off in full?
Or does it didn't matter, doesn't matter.

Speaker 2 (01:51:41):
It's not going to matter, man, They're just going to
look at the bankruptcy.

Speaker 4 (01:51:47):
So I should have just let that. I hate to
say this, but it was money wasted.

Speaker 3 (01:51:54):
It really was.

Speaker 8 (01:51:55):
Well.

Speaker 11 (01:51:56):
It helped me sleep at night.

Speaker 4 (01:51:59):
I mean then, no, I know what you're saying, but man,
which means which means nothing?

Speaker 11 (01:52:04):
Well again, as a like I said, as a morally
financial person, I said, I got.

Speaker 3 (01:52:10):
A bunch of money.

Speaker 11 (01:52:11):
Oh my gosh, I'm paying everybody off. But I guess
that means athlete nothing.

Speaker 4 (01:52:15):
Jesus, Wow, everybody.

Speaker 11 (01:52:20):
Every every creditor was paid in I mean we're talking.

Speaker 2 (01:52:25):
I know, I know you said that, but why did
you Why did you do that after the bankruptcy?

Speaker 11 (01:52:31):
Now?

Speaker 2 (01:52:31):
Wait, are you saying you paid every penny in the
chapter thirteen or you paid one hundred percent on the dollar.

Speaker 3 (01:52:41):
There's a difference made.

Speaker 11 (01:52:43):
There is the difference, if I understand right, Tom. The
difference is we had the plan, the plan, right, the plan,
and the plan went for five years, right right?

Speaker 8 (01:52:53):
But after three years, after three years, I.

Speaker 11 (01:52:55):
Had a let's say, say a windfall, and I said, okay,
my gosh, I want I want to sleep the night.
And I'm on pay dumb people every penny.

Speaker 8 (01:53:06):
I can't part of me.

Speaker 3 (01:53:07):
But but got it, But got it.

Speaker 2 (01:53:09):
What you should have done, what you should have done
is withdrawing the bankruptcy.

Speaker 4 (01:53:12):
You shouldn't have let it go through.

Speaker 17 (01:53:16):
Uh.

Speaker 11 (01:53:17):
I didn't know you do that.

Speaker 2 (01:53:18):
Sorry, yeah, you could have. You could have had it discharged.
So Mark, what are you dismissed?

Speaker 4 (01:53:24):
Actually?

Speaker 3 (01:53:24):
This is what I meant. So what are you trying
to achieve now?

Speaker 5 (01:53:27):
Is the problem that you're having trouble getting credit and
getting financing because of the banker and your credit record?

Speaker 11 (01:53:33):
And I'm sorry, Tom, who's that talking?

Speaker 3 (01:53:35):
Sorry, that's Dmitri.

Speaker 2 (01:53:36):
Go ahead, dmitriy Mark, Thank you Dmitri.

Speaker 8 (01:53:40):
My question is.

Speaker 3 (01:53:43):
I'm whole in my mind, I'm a whole. I've paid
those people. I get it.

Speaker 16 (01:53:47):
What but what what?

Speaker 2 (01:53:48):
Dimitri asked? What are you trying to accomplish now? Are
you having trouble getting credit?

Speaker 3 (01:53:55):
Uh?

Speaker 11 (01:53:56):
Kind of I'm doing okay. But what I did a
couple of years ago is I said.

Speaker 3 (01:54:02):
I want no debt.

Speaker 11 (01:54:04):
I want nobody coming after me. But I guess that's
a dumb thing to say, because I was already into
some sort of a legal bankruptcy. Maybe I should have
just paid it out on Are.

Speaker 2 (01:54:15):
You saying that every Are you saying that every single bill,
every single one you had in the chapter thirteen was
paid in one hundred percent full.

Speaker 11 (01:54:27):
One hundred dollars late fees penalties?

Speaker 2 (01:54:31):
Okay, got it, because usually in the thirteen you pay
a reduced amount. But you said when you were more
than halfway through it, you said, forget it, I got
a winfall.

Speaker 4 (01:54:41):
I'm going to pay everything off, and you did.

Speaker 2 (01:54:44):
At that point, you should have petitioned the trustee to
have the bankruptcy dismissed. They would have literally dismissed the bankruptcy,
so it would have been like you didn't file because
it's dismissed, and then you could have paid everything.

Speaker 4 (01:55:02):
Off if you did it the wrong way, brother, you
did it the wrong way, and.

Speaker 11 (01:55:09):
That's fine, But my gosh, Tom, I thought at the
time I was doing the right thing, because you.

Speaker 2 (01:55:16):
Know, listen, you you were doing the right thing, but
you were doing it in the wrong way. You should
have once you get the money and you no longer
need a bankruptcy, the bankruptcy gets dismissed, and and and
it would never show up on your on your record
because it was dismissed, it never was discharged. And now

(01:55:38):
you have a bankruptcy. You you have the worst of
both worlds. You paid on the dollar and you have
bad credit. It's too bad, it's too bad.

Speaker 8 (01:55:50):
I'm building I'm building it up.

Speaker 11 (01:55:52):
But I guess my last question, sorry, guys, yeah, is
could I even could I even write a letter to
these creditors and say, hey, Sam painfull or.

Speaker 8 (01:56:03):
Is that even an option?

Speaker 2 (01:56:05):
Okay, listen, if every one of those creditors, if you
wrote to them and said, by the way, if you'll
recall I paid you, I paid you off, even if
they withdrew any negative, the chapter thirteen is still going
to be on there.

Speaker 3 (01:56:23):
Wait a minute, Tom, I think I understand where Mark
is going with this. Mark.

Speaker 5 (01:56:27):
Is the problem that your credit report right now has
those accounts listed with amounts still do instead of being
instead of being marked paid in full?

Speaker 3 (01:56:39):
Is that the problem?

Speaker 15 (01:56:40):
No?

Speaker 3 (01:56:41):
Payden, Hayden full?

Speaker 11 (01:56:42):
I mean paid in full?

Speaker 3 (01:56:44):
My guys, Okay, I know you paid in full.

Speaker 4 (01:56:46):
Does the credit report show they were paid in full? No,
I'm not there yet, guys.

Speaker 11 (01:56:55):
But anyway, I'm okay, I make okay is too.

Speaker 2 (01:57:00):
Late, man, But honest to God, even if those creditors dimitri,
even if it showed paid in full, if he didn't
have that dismissed, he has a chapter thirteen on his record,
even if the other creditors don't say a word.

Speaker 5 (01:57:13):
I just thought the problem was that his credit report
does not still has a bunch of accounts.

Speaker 2 (01:57:17):
No, his problem is he's getting bad credit and he
wants to get good credit. He wants them to say
good things about him. And even if they did, it
won't matter. It won't matter, man, That's the bottom line.
It won't matter. I don't know how else to put
that to you.

Speaker 11 (01:57:32):
Well, Tom, Tom, I get that, And of course.

Speaker 16 (01:57:35):
I'm I'm preaching to the choir.

Speaker 11 (01:57:38):
Kind of the vacruptcy court. I have that on my
it's hanging off my shoulder right now. It's a BK.

Speaker 4 (01:57:45):
It's a chapter thirteen BK yep.

Speaker 3 (01:57:48):
Seven years.

Speaker 11 (01:57:49):
If I'd try to do anything, I mean, I've already
I've already, I've already rammed it up to about a
seven eighty.

Speaker 8 (01:57:54):
It's not horrible, But.

Speaker 2 (01:57:57):
What are you kid, you're doing You're sitting on a
seven eighty. Don't worry about it.

Speaker 3 (01:58:03):
What are you worried about?

Speaker 2 (01:58:05):
Don't worry about it, man, don't worry about it. You're
thinking too hard. You're really thinking too hard.

Speaker 3 (01:58:10):
On this one.

Speaker 11 (01:58:11):
Bro.

Speaker 4 (01:58:11):
I gotta I gotta go, though, I gotta go, David.
I will come right back to David.

Speaker 3 (01:58:16):
Hang on the line.

Speaker 4 (01:58:17):
Three oh three.

Speaker 2 (01:58:17):
Seven one three talk seven one three eight two five five.
Go with a sure thing Denver's best roofer Excel Roofing
dot com.

Speaker 3 (01:58:30):
You don't pay a cent until you're content.

Speaker 2 (01:58:33):
Wait time for an insurance check up free, no obligation.
In comparison, call Compass Insurance. Paying too much your coverage
at dozens of insurance companies find out now three oh
three seven seven to one help. You'll think you're his
only customer when you choose Frank durand the real estate
Man dot com to list your home with Remax Alliance
three oh three nine two zero sixteen twenty two.

Speaker 4 (01:58:58):
Hi, I'm Tom Martine.

Speaker 2 (01:59:00):
You're a troubleshooter at three zero three seven to one
three talk Hey David, what's happening in your life? You're
on the Tom Martinez Show, The Troubleshooter Show.

Speaker 3 (01:59:08):
What's going on?

Speaker 4 (01:59:13):
Are you there, David? David, David talk to me bro Okay,
I don't.

Speaker 3 (01:59:24):
I don't know.

Speaker 2 (01:59:25):
Maybe somebody can check there to see if he's on. Meanwhile,
I do want to If he's on, just have him
to start talking my biggest return dot Com. That'll get
them to the Saturday, June twenty seventh, sign on. I'm
going to be there and I will talk about doing
the LLCs with qualified money. If there are people that

(01:59:49):
have qualified money in an IRA or a four to
oh one K, there are ways to do this, and
possibly I might do one or two more, depending on
who it is. Meaning if you understand what you're getting into. Again,
I want somebody who understands what they're getting into when
it comes to your qualified money. So, what is the

(02:00:12):
benefit of having one of these homes in qualified funds?
That means you don't pay tax on it until you
withdraw it. So your LLC for lack of a better term,
you would make an investment in this LLC. They would
buy a vesta turnkey home. Vestera would manage the home

(02:00:33):
along with the LLC. Then when it comes time to
sell the profit would go back to your four to
oh one K and you would not pay tax on it.
So yes, you can do it with qualified money. If
I do it with you, and here's or any trustee.

Speaker 3 (02:00:51):
You don't have to have me.

Speaker 2 (02:00:53):
I just happen to be set up for that through
Martino Capital. I've done a few so you can do
that if you want. It's it helps you defer the
profits and the excuse me, defer the taxes on the profits.

Speaker 4 (02:01:09):
Robert, you're back, Go ahead, Robert, welcome. What's happening?

Speaker 3 (02:01:12):
Yeah?

Speaker 18 (02:01:13):
Just hey, Tom, I love the show. Listen to you
a long time. I just got a couple of questions
for your guests with Bestia.

Speaker 4 (02:01:22):
Yeah.

Speaker 18 (02:01:22):
The first question is, you know, since.

Speaker 17 (02:01:24):
I'm the homeowner, I actually live in the house and
and oh that's a good thing. But thinking as the move,
you know, live there and then make that profit, you
know what I mean?

Speaker 2 (02:01:39):
Well, well, well we'd be wrong with speculating and you
be your own tenant, I.

Speaker 3 (02:01:44):
Know, I mean, well, he the loan would have to
be a primary residential alone.

Speaker 2 (02:01:50):
You'd get a primary loan and you'd live. What you're asking,
here's what you're asking, Barry, Barry forget about Bestera. Can
you help me buy a home home in one of
those markets, that's what you're asking.

Speaker 4 (02:02:04):
Yes, yes, yeah, you can do that, and you can
live in it, and then you don't have.

Speaker 2 (02:02:09):
To pay management fees, you don't have to do anything,
and then when it comes time to sell, they'll help
you sell it, and in fact, you can stay there.

Speaker 4 (02:02:17):
I mean, we've never had that question before, but.

Speaker 2 (02:02:20):
But there's certainly nothing preventing this program from finding you
a great deal in a great market.

Speaker 3 (02:02:27):
We have customers who have said they may retire to
that area and move into one of their homes.

Speaker 4 (02:02:36):
You know that's not a bad idea. Robert, Where are
you thinking of moving?

Speaker 18 (02:02:41):
I don't wherever the good market is because I don't
really have anything time here to come.

Speaker 3 (02:02:45):
I'm going to give you. I'm going to give you
a couple hints.

Speaker 4 (02:02:49):
They usually have good weather markets.

Speaker 3 (02:02:52):
That's what I have found. I'm not telling them where.
They're all east of the Mississippi, the Mississippi, but yeah, yeah,
great areas so here.

Speaker 2 (02:03:02):
Why don't you come? Why don't you come to that?
Come to that seminar the twenty seven.

Speaker 18 (02:03:10):
And that's what I'm thinking. I want to do yeah.
And then my other and then my other question is
do you do because I'm a veteran and my house
is currently paid off now, so I do have access to.

Speaker 17 (02:03:23):
The VA home loan zero down?

Speaker 18 (02:03:26):
You know how they do all that?

Speaker 8 (02:03:27):
You bet? Am I?

Speaker 18 (02:03:28):
Am I able to? Am I able to do a
VA loan?

Speaker 3 (02:03:32):
Yes? Yes, I'm a veteran too, Robert, So thank you,
you know, welcome home and thanks for your service. But no,
we're and veterans do get a little extra treatment here
because I expect everybody on the selling side to give
veterans a little extra good treatment. Put it that way.

Speaker 18 (02:03:51):
Okay, excellent. Yeah, those are just my two questions. Like
I said, I'm there's nothing holding me good though, like
I wouldn't mind moving somewhere, checking it out, doelling it,
you know, two or three four years. Whenever you tell
me to make all that and then.

Speaker 3 (02:04:06):
Make it and do another one do well? Yeah, well
yeah you could. And here's a good part.

Speaker 2 (02:04:12):
You don't have to pay as long as we have
the capital gains exclusion, you don't have to pay any
tax on it.

Speaker 3 (02:04:20):
Sell the one because it'll be your primary residence. That's
a you know, you got a good idea good, Yeah,
we'll talk you bet.

Speaker 2 (02:04:28):
You know, Barry, that's not a bad idea as a
as another marketing ploy. I mean, really, if people want
to get out of the Denver and they want to
buy a house, you can help them. And and in fact,
the way you do it would keep them under tax
exempt exclusions.

Speaker 3 (02:04:44):
Really. Oh yeah, they wouldn't have to ever pay tax.

Speaker 2 (02:04:47):
No, you wouldn't have to pay tax on your gain.
You'd be making profit and you wouldn't have to pay
up to.

Speaker 3 (02:04:52):
Five hundred thousand.

Speaker 2 (02:04:53):
Yeah, up to five hundred for a married couple or
two fifty for an individual. Okay, we got more coming up.
Three oh three, seven to one three Talk Appleair. I
can't say enough about them. That's Air with an E.
Appleair Heating and Cooling. Great people, they have dyke in equipment,
a twelve year parts in labor warranty and a six

(02:05:14):
year full replacement on anything they do without any proation.
And they have great prices and great values and a
great family behind it.

Speaker 4 (02:05:25):
That's Appleair dot com.

Speaker 2 (02:05:32):
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(02:05:54):
when you choose Frank durand the real estate man dot
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two zero sixteen twenty two.

Speaker 3 (02:06:08):
Hello Tom Martino here with Barry Miller.

Speaker 2 (02:06:11):
We have at Vestera Turnkey talking about you know, Vestera,
the Vesteraia away. And then I'm getting some regular real
estate questions as well. We got Dmitri here, Deputy Bow
in the house, and that question about multifamily homes. I
think that Bow may have asked. That's intriguing to me.
Somebody texted saying, what if they wanted multifamily, meaning and

(02:06:36):
they wanted to own all three units? Could you do
like a four plex or a triplex where somebody owns multiple.

Speaker 3 (02:06:42):
Units all at once? Oh sure, I mean, I mean
I mean think about I mean as an investment. Yeah,
of course through Vestera. Oh yeah, absolutely. And we're looking
for so you will do.

Speaker 2 (02:06:53):
Commissions when I meet commissions meaning this you will do
special requests like this guy wants to live in a house.

Speaker 3 (02:07:00):
Absolutely, you'll do one.

Speaker 2 (02:07:01):
Somebody else may say, find me a duplex in that market, Barry,
if you think it's a great market, find me a duplex.

Speaker 4 (02:07:07):
You'll find one, okay, So or a four plex up.

Speaker 3 (02:07:11):
To twenty units, yeah, where I know what specialization it
comes with commercial real Can your management company handle those?

Speaker 8 (02:07:21):
Oh?

Speaker 3 (02:07:21):
Yes, yeah, they already have well over one hundred and
fifty doors that they're managing now, and they could easily
handle a nine plex.

Speaker 10 (02:07:29):
Or a five.

Speaker 4 (02:07:30):
I've never seen more thorough than Mark and his team.

Speaker 3 (02:07:33):
Yeah.

Speaker 4 (02:07:34):
Good people anyway.

Speaker 2 (02:07:35):
So yes, the question, the answer to your question, yes,
they can find houses that you request. If you want
a duplex, they can find one. If you want to
own two, you know, two units, in other words, if
you want to have four units on four in a
four plex. However, I believe you'd make more money having
four separate houses.

Speaker 3 (02:07:56):
Oh you would almost for sure. Yeah, But keep in
mind what I said when when we're on the first circle,
well we're on the second circle of influential people when
it comes to duplex, triplex and four plex. But that
inner circle is a huge inner circle for those type properties,
and they almost always go to a family member, a neighbor,

(02:08:19):
a lawyer, or a realtor who's very close to the homeowner.
Everybody wants them.

Speaker 2 (02:08:24):
Someone must have hurt us online.

Speaker 3 (02:08:27):
I don't know.

Speaker 2 (02:08:28):
We talked on or off there about your broadband, what
you use, but they want to know more about it.
Is it a little Verizon like wireless box? They want
to know what you were talking about. Oh, Tom, it's
it's as for his broadband downtown go ahead.

Speaker 3 (02:08:40):
Is broadband the same as just internet access.

Speaker 4 (02:08:43):
It's broadband is what we call the pipe?

Speaker 5 (02:08:45):
Yeah, yeah, I uh, you know about what four or
five years ago, I happened to be in a Verizon
store and they offered me what they call is five
G home Internet service for just twenty five dollars and
you get this, you know, this white box about what size,
about the size of what telephone books used to be,
remember those things. You can plug it in and then

(02:09:06):
you use your phone and you do literally plug it in. Yeah,
and it's like, you know, it's stuck against the wall, Okay,
because it's an antenna and it's it becomes not only
the internet access point, but it also becomes my router.
So I logged my computer, my phone, all my computers
log into this thing, and it gives you five G
five G fast. It's fast enough to watch it.

Speaker 2 (02:09:28):
In other words, you never notice any kind of bog
down when you're streaming.

Speaker 5 (02:09:32):
No, I've never noticed any bog down. But what's even
more amazing is I've never noticed any outage. So it's
it's been one hundred percent reliable. And Tom, it only
costs twenty five dollars. Now, you actually, you and I
discussed this about a year ago, and you had an
insight into why it's so cheap.

Speaker 3 (02:09:49):
I always wondered why the box is so big, and
you said.

Speaker 2 (02:09:53):
Because they because they're making their network with you. Yeah,
they're using they are they're using half of this us half.

Speaker 3 (02:10:00):
Of it for other people.

Speaker 2 (02:10:01):
Yeah, and my and all of my electricity for that half.
Well yeah, but you're using others too. So in other words,
what they do is they poke about the city with these.
So a customer becomes a relay unit.

Speaker 3 (02:10:12):
Yeah, it becomes a relay unit for their phone calls,
I believe, And I.

Speaker 2 (02:10:16):
Don't know if it's for their it's for their I
thought it was for their broadband, but it could be
for their phone. They chain them together and you own
you definitely own your broadband. They're not going on your
network or you're right right.

Speaker 3 (02:10:29):
There's a firewall there.

Speaker 2 (02:10:31):
Yeah, yeah, you're what's the other part is used to
create the Verizon network.

Speaker 4 (02:10:36):
Yes, you become part of the Horizon. You're like a tower.

Speaker 3 (02:10:40):
I'm the best minded. The biggest surprise. They never raised
my price.

Speaker 5 (02:10:45):
It's been twenty five dollars a month for five years
and I, hey, they're not a sponsor, and I'm no
fan of Verizon. I sued them a year ago for
an unrelated reason and prevailed in court. But this has
been amazing, so nobody else can touch it. Nobody else
can twenty five bucks for all of.

Speaker 18 (02:11:01):
That, you know.

Speaker 2 (02:11:02):
And speaking of the piggybacking, the duplexing, they do that
with satellite, they do that.

Speaker 3 (02:11:10):
Not with satellite, I'm sorry. With the Internet. Exfinity they
do that.

Speaker 2 (02:11:16):
So you have an Exfinity modem, your modem becomes a
relay unit for your neighborhood.

Speaker 3 (02:11:23):
So wherever there.

Speaker 2 (02:11:24):
Is an Exfinity box anywhere, they are all talking to
each other. Not for your home network that's separate, but
for the network. They all talk to each other. And
they were doing that at first because they were going
to provide cell phone service.

Speaker 4 (02:11:45):
And I don't know if they demand in that. Do
they have Exfinity cell phones?

Speaker 11 (02:11:48):
Right?

Speaker 3 (02:11:48):
Yeah, yeah, we got calls about them before, Okay.

Speaker 2 (02:11:51):
And if we do that, what they do is they
use those that they might be using your router as
they move through the city for part of their cell
phone service. And I believe they also have some towers.
Will you ask Barry okay, he wants to know a
certain area, I'll ask you off the air. All of

(02:12:13):
your properties, you can say, are east of the Mississippi though,
for sure?

Speaker 3 (02:12:17):
Right now, well, right now, remember Colorado Springs was one
of our home runs. It was hot spot markets. Yeah,
but a price itself out and it became so negative
cash flow because the values went up so much. Well,
that's going to happen in a number of areas. Okay.

Speaker 2 (02:12:34):
I was listening to the call about the skip title.
You gave some good information. I'm going to throw one
more scenario at you. The car could have been in
need of substantial repairs, possibly uninsured, and bought from the
owner at a very very low price. The people in

(02:12:56):
possession of the car could have made repairs and would
not want it disclosed, and it would not want it
on the carfax. So in other words, they could have
bought a troubled car, fixed it up and want to
sell it, but they don't want to own it in
between that, I guess that's a possibility, but I just

(02:13:19):
think there's too many. I think there's too many red
flags in a transaction like that. If you went to
buy your big boat, Okay, you love your boat. When
you went to buy it, what if he showed you
a title and the title is someone else's name on it,
but it was signed over it was signed would you
have filled it out and taken that title or would

(02:13:39):
you want would you have felt.

Speaker 3 (02:13:41):
It was sketchy?

Speaker 5 (02:13:43):
You mean, if I determined that the guy was trying
to title skip, Yeah, that wouldn't really bother me. If
I know who the guy is, if he's legitimate.

Speaker 4 (02:13:52):
Right, it wouldn't go to me either.

Speaker 5 (02:13:53):
But in this case, in the case of our caller
from earlier today, they were trived into the title holder
than the guy who advertised it on Facebook marketplace, and.

Speaker 3 (02:14:01):
Yet a third guy who wants the cash.

Speaker 5 (02:14:04):
So I'm not worried about title skipping in this case,
I think that's the least of our callers problems.

Speaker 3 (02:14:09):
I'm worried about it being just a scam or a
stolen car.

Speaker 2 (02:14:13):
And I have to tell you, I, honest to God,
I can't believe people who do business on Facebook, Marketplace, Craigslist.

Speaker 3 (02:14:21):
We never hear about it, and we used to hear
about all the craigslists.

Speaker 4 (02:14:24):
Why don't we start about Craigslist anymore?

Speaker 17 (02:14:26):
Why?

Speaker 3 (02:14:26):
Well, because all the scammers have moved on to Facebook.

Speaker 2 (02:14:29):
Marketplace and next door next door. So be careful man
when you find people. There have been people that advertise
on next door or just say, you know, I'm out
of work, I'm doing handyman work, I'm doing painting. You're
gonna get burned. It's truly a way to get burned.
I don't know why though. Why do people feel Facebook

(02:14:50):
Marketplace is legit?

Speaker 3 (02:14:53):
It's not.

Speaker 2 (02:14:53):
I mean most we've had so many problems that started
on Facebook Marketplace, okay three O three seven one three
talk seven one three eight two five five. Waterpros dot
net the best water systems, the lowest prices. Waterpros dot
net go with a sure thing Denvers best roofer Excel

(02:15:14):
roofing dot com. You don't pay a cent until you're content.
Time for an insurance checkup free, no obligation. In comparison,
call Compass Insurance paying too much your coverage at dozens
of insurance companies find out now three oh three seven
seven to one help. You'll think you're his only customer
when you choose Frank durand the real estate Man dot

(02:15:35):
com to list your home with Remax Alliance three oh
three nine two zero sixteen twenty two. Hello Tom Martino here,
All right, let's give one more shout out to this
Saturday the twenty seventh, my Biggest Return dot com. So
if you go to my Biggest Return dot com, there'll

(02:15:56):
be a phone number there too if you want to
call and talk to Barry.

Speaker 3 (02:15:59):
And uh so people want to know again.

Speaker 2 (02:16:02):
Another person said, they love the idea of buying a
place and they would love to have one that that works.

Speaker 15 (02:16:08):
And so.

Speaker 2 (02:16:11):
That's great. If you know great markets to buy homes
and they want to use you, you'll let them absolutely.
So it doesn't have to necessarily be on the.

Speaker 3 (02:16:25):
Right. And so.

Speaker 2 (02:16:28):
Mark is trying, it was trying to log into the
show on a cam and we're testing the connection here
with to leave right now for those streaming on YouTube.
We're going to try to do it again tomorrow if
he's around. For some reason, I haven't been able to
do it before this, but we got it worked out.
I think where if Mark can connect, we can get

(02:16:49):
him in that room.

Speaker 3 (02:16:50):
Thanks to leave.

Speaker 2 (02:16:51):
All right, So anyway, Barry, I want to ask you
another question on local real estate.

Speaker 3 (02:16:59):
What do you you see You've seen a lot of
ups and downs.

Speaker 2 (02:17:03):
Do corrections come or I know corrections come with recessions,
but do corrections ever come without recessions? In other words,
we're we're just going to have a ten percent correction
or something where prices are just going to go down
a little.

Speaker 4 (02:17:21):
What have you seen over the years.

Speaker 3 (02:17:23):
Seces really go down without recession self? Seldom? That means
usually with a recession. Yeah, yes, why because big areas
one employer doesn't make a difference. But think about the
nineteen eighties the oil and gas. Oh it was terrible,
but that was that was only like a third of

(02:17:44):
the country that had that recession. It was energy gas
and oil to Colorado country have it no we heard
you know, but that that was area wise, Well, that
was a recession. Okay, So why did our prices go
up so dramatically in the nineteen nineties dramatically because.

Speaker 4 (02:18:04):
So many energy came back companies.

Speaker 3 (02:18:06):
Including energy, but no longer were we just so singlely
dependent on energy and gas. Financial institutions and service industries
came and we went get this, from the forty fifth
percentile highest price to the top fifteen percent highest price

(02:18:28):
per square foot per property. We jump that much on
the national scale, and with the price is the way
they are, okay, and the economy the way it is.

Speaker 2 (02:18:37):
The economy has some ups and downs, but it's buzzing,
it's still working, still working.

Speaker 4 (02:18:43):
Do we get when do we get that recession?

Speaker 3 (02:18:45):
Though?

Speaker 2 (02:18:45):
When does it come? Because I mean, prices can't stay
where they are. They never do not when they're this high.
They don't stay this way.

Speaker 3 (02:18:53):
But what's high Denver high or California I'm talking about
Colorado and Colorado? When do we rail that? We're not
gonna I do not think we're gonna feel that for decades.

Speaker 4 (02:19:03):
You think we'll sustain these prices for decades.

Speaker 3 (02:19:06):
Unless we have out population, out migration. And that happened
by a slivers in two years ago. A sliver we
still have in migration supply and demand.

Speaker 2 (02:19:17):
All right, well, folks, you heard it, and remember what
we're gonna do is uh the seventh to twenty seventh.
Go to my Biggest Return dot com to find out
more and call three oh three Martino to get on
the next show. Three oh three six two seven eight
four six six be back here tomorrow.

Speaker 4 (02:19:37):
Remember, save all your problems for me.