November 1, 2025 • 16 mins
In this insightful clip from EYL, MG The Mortgage Guy joins Troy Millings and Rashad Bilal to break down creative real estate hacks that can help you qualify for a mortgage and scale your income—especially if you’re not navigating the process alone! Discover how you can leverage roommate (or "border") income, even if it's a boyfriend, girlfriend, or college roommate, to boost your mortgage qualification. MG explains Fannie Mae’s Homeready program, which lets you use documented rental payments from roommates to strengthen your application, as long as you’ve collected proof over at least 9 of the last 12 months. The clip dives into the vital importance of documentation—leases, payment records with memos clarifying "rent," and making sure everyone’s on board. They also discuss common scenarios, like living with a partner (who isn’t on your lease), and how putting everything in writing can unlock significant buying power, all while keeping your finances and future flexibility secure. Graduating college soon? MG reveals a little-known hack: you can use your college history as work history for mortgage qualification, and if you’ve collected rent from roommates (with all the right paperwork), that’s extra income to help you buy your first home right after graduation! For those interested in maximizing every opportunity, they touch on leveraging an ADU (Accessory Dwelling Unit) for long- or mid-term rental income, and how areas near hospitals, airports, or New AI data centers can create lucrative mid-term rental plays—ideal for traveling professionals, corporate consultants, or construction workers on multi-month assignments. Whether you have a pool to rent out (think Swimply), extra space in your home, or are just getting started, this strategy-packed clip is a must-watch for anyone looking to house hack, generate additional income, or simply make smarter real estate moves. Hit play to learn how better documentation, teamwork, and a little creativity can make real estate investing more accessible than you ever thought possible! *#RealEstate #HouseHacking #MortgageTips #EYL #RoommateIncome #ADU #HomeBuying #FinancialFreedom #Swimply #Investing #CollegeHacks #WealthBuilding*
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:01):
This episode is brought to you by P and C Bank.
A lot of people think podcasts about work are boring,
and sure they definitely can be, but understanding of professionals
routine shows us how they achieve their success little by little,
day after day. It's like banking with P and C Bank.
It might seem boring to safe plan and make calculated
(00:21):
decisions with your bank, but keeping your money boring is
what helps you live or more happily fulfilled life. P
and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly
Boring since eighteen sixty five is a service mark of
the PNC Financial Service Group, Inc. P and C Bank
National Association Member FDIC.
Speaker 2 (00:43):
If you have a swimming pool, I'm not sure if
you guys sh have you ever heard her think called swimpley?
Speaker 3 (00:48):
No, is that when you rent the pool, you.
Speaker 2 (00:51):
Can rent your you can rent out your backyard. Yeah yeah,
yeah right, you can run out your backyard. You can
run out your pool, like I have one of my mentees.
Every year she rents her backyard at her pool here
in New York, and.
Speaker 4 (01:03):
It pays her mortgage for the year.
Speaker 2 (01:06):
Like it's incredible, right, because people treat that like an
event space for the day, right, So you can have
somebody's backyard for eight to ten hours and you're paying
two three hundred dollars an hour for the full use
of their backyard in the swimming pool. So there's so
many different ways to house hack and generate money with
(01:29):
a single family or a duplex to make.
Speaker 4 (01:32):
It more affordable.
Speaker 2 (01:34):
Now, also, here's another thing that people don't really realize
is that border income, aka if you have a roommate.
What people don't know is Fanny May will allow you
to use this border income to help you qualify for
a mortgage under the Fannie Main Home Ready program. Now,
the requirements is the borrower must have a history of
(01:57):
receiving that rental income for at least nine of the
past twelve months, and you need documentation such as your
lease agreement and show proof or receipt that your roommate
has been paying you to or since y'all live in
an apartment together. And then you can use that income
to help you qualify for a mortgage. So to break
(02:19):
that down just in quick layman terms, if you are
living with someone right now and you have a lease
and they're on the lease with you if they're your
bona fide roommate, not just someone who's just in the
house and you say, hey, they live here, No, they
have to be on your lease. If you know you
are in position to qualify for a mortgage faster than
they are. What you should do is collect the money
(02:42):
their portion of the rent money from them, tell them
to zelle it to you, cash, app it, whatever it is,
and make sure you put that is on the memo
January's rent, February's rent, March rent, right, so we can
document it that they've been paying you, and then you
go ahead and pay your landlord from your account. If
(03:04):
you do that nine months out of the past twelve,
then when you go qualify for your mortgage, you can
use that rental income to as part of your income
to help you qualify for your mortgage.
Speaker 4 (03:19):
Ya got why I'm going with this.
Speaker 3 (03:21):
I see where you're going with this. Documentation is important.
Speaker 1 (03:23):
Making sure you're keeping records is important, and that goes
with if you're buying an individual home, but even more
so in this situation when you're trying to have investment property.
Speaker 5 (03:33):
So you might you've unlocked something here. Let's go back
a little bit, all right, if you're in a relationship
with somebody, right, And we talked about fifty to fifty
a lot right on these different shows and podcasts. But
that's a real thing, though, where somebody lives with somebody
(03:53):
and they're contributing. They're contributing to something, but most of
the time they're just giving a person money. So if
you usually either male or female, somebody has a lease
in their name and they meet somebody and after a
while and then that person just kind of ends up
living with that person, they may not never be on
the lease, correct, And they're contributing financially on a certain level,
(04:16):
but there's no real documented record of them contributing financially.
Speaker 4 (04:21):
Correct.
Speaker 5 (04:21):
You're saying that boyfriend, girlfriend, whatever, you're living with somebody,
that should be something that's documented, because if it is documented,
then what is it called?
Speaker 4 (04:33):
So it's border income. Right.
Speaker 2 (04:36):
So if in that same situation you have the girlfriend,
let's just say the boyfriend and the girlfriend moves in, right,
Let's say that situation, the least is in the boyfriend's name.
But y'all splitting it fifty to fifty, As Rashad said,
the girlfriend is not on the lease. Boyfriend is in
position a year from now he wants to go buy
(04:58):
a house for them.
Speaker 4 (05:00):
To live in.
Speaker 2 (05:02):
He should now put her on the lease of the apartment.
And then now when she's making that contribution, don't make
it on make a cash she should zeale him a
wire transfer, a cash app put on the memo it's
for her portion of the rent as long as we
have that document nine out of twelve months. And then
(05:25):
now the boyfriend goes to get pre approved and says that, hey,
this is my roommate. She is going to live in
the house with me. Now, from a lending perspective, I
can use the portion of that rental income that she's paying.
Let's just say it's one thousand dollars a month.
Speaker 1 (05:44):
I was going to say clean, clean number, one thousand
dollars a month. Right we on the member, I'm putting
five hundred dollars in toward that. At the end of
the year. Let's say it's the twelve months. Now, it's
an additional six thousand dollars that you have an income.
Speaker 2 (05:56):
Correct, that's now is going to be used for the
boy friend during his pre approval to help them qualify
for more of a house it's a clean way of
qualifying with using this roommate income because your roommates. Right
(06:17):
at the end of the day, you're not legally married.
You know, you're technically single in the eyes of of
the law. Boyfriend and girlfriend is not a marital status
right last time I checked, So you're legally single.
Speaker 4 (06:33):
This is your roommates.
Speaker 2 (06:34):
So if you do it that way, now that rental
income can now be used to help qualify for a mortgage. Now,
I know some people are going to say, why won't
she just go on the mortgage with him this Now
we talk about divide and conquer. Let's just say now
they move into this house, they get approved, and they
(06:56):
wound up separating. Right now, she doesn't have a mortgage
in her name. She can still go out here and
buy a duplex, a single family and house hack her
life away as well. So, just depending on your circumstances
in your situation, if you understand real estate financing and
(07:17):
these programs that are out there, and if you set
your documentation up the right way, you can really go
out here and scale at a very high level and
reap all the benefits of wealth building with real estate.
Speaker 4 (07:30):
If you know exactly what you know.
Speaker 3 (07:32):
That's a very vital playment. I never heard that. I'm
glad you brote that down before.
Speaker 5 (07:37):
It doesn't have to be boyfriend girlfriend either, because there's
a lot of scenario who somebody lives with somebody.
Speaker 2 (07:42):
It could just be college roommates.
Speaker 3 (07:44):
Or it could be could it be parent.
Speaker 4 (07:45):
Child, No, it can't be parent and child.
Speaker 2 (07:49):
Right, but let's think about college roommates.
Speaker 4 (07:51):
Think about what's just happened to manage you?
Speaker 2 (07:53):
And we have all these college graduates, right, most of
them have what roommates for the majority, And so, first
of all, if you just graduated college, congratulations, right, But
did you know that you can use your college education
as your work history. You don't need a two year
job history. You can use your college history as work history.
(08:15):
Did you guys know that?
Speaker 5 (08:17):
So see that again.
Speaker 2 (08:18):
So you just graduated from college, you did your undergrad
right four years. You're twenty two years old. You're graduating.
You just got a job offer from you earn your
leisure entertainment and you're going to start and you're going
to be the marketing manager. You're making a base salary
at one hundred thousand dollars and you have an offer
letter from Earn Your Leisure Entertainment to start August. First,
(08:41):
you don't need to work at Earn your Leisure Entertainment
for two years. You have your college history for four years.
That's your work history. You can now present that offer
letter and your first past up and you can buy
a house immediately.
Speaker 3 (08:58):
So you can use college as work experience.
Speaker 4 (09:00):
Absolutely has that always been the case, absolutely, absolutely right?
Speaker 2 (09:10):
And now if you freak it, you got that college
history four years, you got your degree. But during college
you have a single family home that you was renting out,
and now your roommate is on the lease.
Speaker 4 (09:26):
If you do what we just.
Speaker 2 (09:27):
Said with the boyfriend and girlfriend scenario, now your roommate
starts paying you, and you know you have a better
chance of getting the house faster than them have them
pay you. Now, first of all, everybody got to be
on the same page with this, right, Everybody got to
be a team effort here. So now they pay you
instead of paying their portion of the rent, you pay
(09:48):
the landlord. And now you can use that border. Now
only can you use the author letter from Ernur Leisure Entertainment.
You can also use that roommate income to help you
qualify because now that roommate is going to move into
your house with you as well continue to be a roommate.
Speaker 1 (10:04):
And that offer letter is kind of one of those
things that you kind of need to have in order
this work.
Speaker 3 (10:09):
You can't just go we.
Speaker 2 (10:11):
Need to We need to show that you got a job, right, right,
We need to show that you have a job. And
it's a start date and you can go ahead and
get pre approved. But one of the pre approval conditions
is going to be Hey, when you get into contract,
we need to know that you you're working. Now, we
need to see pay stubs from EARN your leisure entertainment
(10:34):
as we use an example to show those pay stubs.
So that way now and it matches up with the
income from the offer letter, then boom, you use that
as long as your credits go your DTI works.
Speaker 4 (10:47):
You don't have to wait two years to qualify.
Speaker 1 (10:51):
Yeah, that's a good hack because there's there's plenty of
college students who there's three roommates, but this is the
one person who gets the lease. Right If that person
now looks at those two and that you just seen
it for one roommate, yeah, eventually that could be two
or three roommates that are paying them to that documentation port,
it becomes even more important exactly.
Speaker 2 (11:07):
But the key is everybody has to be on the lease, right,
everyone has to pay you, and then everyone has to
be moving into your house because now it's border income
roommate income, and we're using that to help qualify. So
it needs to sustain to the new house, right.
Speaker 4 (11:26):
The key.
Speaker 2 (11:27):
So if everybody's on the same page, this could be
a home run. But here's how we even go a
little bit deeper with this pause. If you buy a
home that has an ADU, an accessory dwelling unit on it, right,
everybody type ADU on chat. If you have an ADU,
you can use rental income from an ADU and it
(11:51):
can help you qualify. So let's just say, for example,
you don't have the roommates, you live by yourself, but
you just graduated college. You want to use that college
degree hack, right, but you might be short with rent
with income to qualify. You find a house that has
an ADU and we can use that rental income from
(12:14):
the ADU to help you qualify as well. And when
you get into the ADU, now we're going to use
long term rental income to help you qualify, but that
does not mean you have to have a long term tenant.
You can now turn that ADU into an Airbnb, play vrbo,
(12:36):
you can make it a content studio. There's so many
different things you can target midterm renters, like traveling nurses,
like flight attendants, like depending on where city you live.
Speaker 4 (12:48):
So if you live close to airports, you live close.
Speaker 2 (12:50):
To hospitals, right, you should be targeting homes that are
close to in proximity to these areas because the mid
term rental income from corporations, right, and you have people
who travel for corporations. They may need someone to stay
for six weeks because they're doing a corporate project in
a certain city. Think about what's happening. And guys, I'm
(13:10):
gonna tell you another hacking. I've talked about this on
my program and I know you guys talked about Look
at all the AI data centers that's being invested in
built all around the country. Right, you got Texas. I
think there was two or three half a billion dollar
projects that was launched this year. Think about it. These
people are not the people who are constructing this. They're
(13:32):
not going to be long term residents of Texas. Right,
They're probably coming in from all different parts of walker life,
So what do they need rentals? They might only be
out there to do a job that's going to take
six months, So what do they need a mid term rental?
They don't want to sign a year least or a
two year least. They may need only a six monthly
eight month least, and it's going to be cheaper than
(13:54):
the corporations putting them into a hotel because that daily
rate of a hotel going to add up, you know
what I'm saying. So you got to really take the
current events and everything that's happening. I know you guys
talk about it at scale on market Mondays. Since why
you need to tap in every Monday eight pm Eastern
Standard time to see what is moving and shaken because
(14:16):
all of these moves that's happening in AI, those are
also real estate plays too. If you're paying attention, erners.
Speaker 3 (14:23):
What's up?
Speaker 1 (14:23):
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This episode is brought to you by P and C Bank.
A lot of people think podcasts about work are boring,
and sure they definitely can be, but understanding of professionals
routine shows us how they achieve their success little by little,
day after day. It's like banking with P and C Bank.
It might seem boring to safe plan and make calculated
(00:21):
decisions with your bank, but keeping your money boring is
what helps you live or more happily fulfilled life. P
and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly
Boring since eighteen sixty five is a service mark of
the PNC Financial Service Group, Inc. P and C Bank
National Association Member FDIC.
Speaker 2 (00:43):
If you have a swimming pool, I'm not sure if
you guys sh have you ever heard her think called swimpley?
Speaker 3 (00:48):
No, is that when you rent the pool, you.
Speaker 2 (00:51):
Can rent your you can rent out your backyard. Yeah yeah,
yeah right, you can run out your backyard. You can
run out your pool, like I have one of my mentees.
Every year she rents her backyard at her pool here
in New York, and.
Speaker 4 (01:03):
It pays her mortgage for the year.
Speaker 2 (01:06):
Like it's incredible, right, because people treat that like an
event space for the day, right, So you can have
somebody's backyard for eight to ten hours and you're paying
two three hundred dollars an hour for the full use
of their backyard in the swimming pool. So there's so
many different ways to house hack and generate money with
(01:29):
a single family or a duplex to make.
Speaker 4 (01:32):
It more affordable.
Speaker 2 (01:34):
Now, also, here's another thing that people don't really realize
is that border income, aka if you have a roommate.
What people don't know is Fanny May will allow you
to use this border income to help you qualify for
a mortgage under the Fannie Main Home Ready program. Now,
the requirements is the borrower must have a history of
(01:57):
receiving that rental income for at least nine of the
past twelve months, and you need documentation such as your
lease agreement and show proof or receipt that your roommate
has been paying you to or since y'all live in
an apartment together. And then you can use that income
to help you qualify for a mortgage. So to break
(02:19):
that down just in quick layman terms, if you are
living with someone right now and you have a lease
and they're on the lease with you if they're your
bona fide roommate, not just someone who's just in the
house and you say, hey, they live here, No, they
have to be on your lease. If you know you
are in position to qualify for a mortgage faster than
they are. What you should do is collect the money
(02:42):
their portion of the rent money from them, tell them
to zelle it to you, cash, app it, whatever it is,
and make sure you put that is on the memo
January's rent, February's rent, March rent, right, so we can
document it that they've been paying you, and then you
go ahead and pay your landlord from your account. If
(03:04):
you do that nine months out of the past twelve,
then when you go qualify for your mortgage, you can
use that rental income to as part of your income
to help you qualify for your mortgage.
Speaker 4 (03:19):
Ya got why I'm going with this.
Speaker 3 (03:21):
I see where you're going with this. Documentation is important.
Speaker 1 (03:23):
Making sure you're keeping records is important, and that goes
with if you're buying an individual home, but even more
so in this situation when you're trying to have investment property.
Speaker 5 (03:33):
So you might you've unlocked something here. Let's go back
a little bit, all right, if you're in a relationship
with somebody, right, And we talked about fifty to fifty
a lot right on these different shows and podcasts. But
that's a real thing, though, where somebody lives with somebody
(03:53):
and they're contributing. They're contributing to something, but most of
the time they're just giving a person money. So if
you usually either male or female, somebody has a lease
in their name and they meet somebody and after a
while and then that person just kind of ends up
living with that person, they may not never be on
the lease, correct, And they're contributing financially on a certain level,
(04:16):
but there's no real documented record of them contributing financially.
Speaker 4 (04:21):
Correct.
Speaker 5 (04:21):
You're saying that boyfriend, girlfriend, whatever, you're living with somebody,
that should be something that's documented, because if it is documented,
then what is it called?
Speaker 4 (04:33):
So it's border income. Right.
Speaker 2 (04:36):
So if in that same situation you have the girlfriend,
let's just say the boyfriend and the girlfriend moves in, right,
Let's say that situation, the least is in the boyfriend's name.
But y'all splitting it fifty to fifty, As Rashad said,
the girlfriend is not on the lease. Boyfriend is in
position a year from now he wants to go buy
(04:58):
a house for them.
Speaker 4 (05:00):
To live in.
Speaker 2 (05:02):
He should now put her on the lease of the apartment.
And then now when she's making that contribution, don't make
it on make a cash she should zeale him a
wire transfer, a cash app put on the memo it's
for her portion of the rent as long as we
have that document nine out of twelve months. And then
(05:25):
now the boyfriend goes to get pre approved and says that, hey,
this is my roommate. She is going to live in
the house with me. Now, from a lending perspective, I
can use the portion of that rental income that she's paying.
Let's just say it's one thousand dollars a month.
Speaker 1 (05:44):
I was going to say clean, clean number, one thousand
dollars a month. Right we on the member, I'm putting
five hundred dollars in toward that. At the end of
the year. Let's say it's the twelve months. Now, it's
an additional six thousand dollars that you have an income.
Speaker 2 (05:56):
Correct, that's now is going to be used for the
boy friend during his pre approval to help them qualify
for more of a house it's a clean way of
qualifying with using this roommate income because your roommates. Right
(06:17):
at the end of the day, you're not legally married.
You know, you're technically single in the eyes of of
the law. Boyfriend and girlfriend is not a marital status
right last time I checked, So you're legally single.
Speaker 4 (06:33):
This is your roommates.
Speaker 2 (06:34):
So if you do it that way, now that rental
income can now be used to help qualify for a mortgage. Now,
I know some people are going to say, why won't
she just go on the mortgage with him this Now
we talk about divide and conquer. Let's just say now
they move into this house, they get approved, and they
(06:56):
wound up separating. Right now, she doesn't have a mortgage
in her name. She can still go out here and
buy a duplex, a single family and house hack her
life away as well. So, just depending on your circumstances
in your situation, if you understand real estate financing and
(07:17):
these programs that are out there, and if you set
your documentation up the right way, you can really go
out here and scale at a very high level and
reap all the benefits of wealth building with real estate.
Speaker 4 (07:30):
If you know exactly what you know.
Speaker 3 (07:32):
That's a very vital playment. I never heard that. I'm
glad you brote that down before.
Speaker 5 (07:37):
It doesn't have to be boyfriend girlfriend either, because there's
a lot of scenario who somebody lives with somebody.
Speaker 2 (07:42):
It could just be college roommates.
Speaker 3 (07:44):
Or it could be could it be parent.
Speaker 4 (07:45):
Child, No, it can't be parent and child.
Speaker 2 (07:49):
Right, but let's think about college roommates.
Speaker 4 (07:51):
Think about what's just happened to manage you?
Speaker 2 (07:53):
And we have all these college graduates, right, most of
them have what roommates for the majority, And so, first
of all, if you just graduated college, congratulations, right, But
did you know that you can use your college education
as your work history. You don't need a two year
job history. You can use your college history as work history.
(08:15):
Did you guys know that?
Speaker 5 (08:17):
So see that again.
Speaker 2 (08:18):
So you just graduated from college, you did your undergrad
right four years. You're twenty two years old. You're graduating.
You just got a job offer from you earn your
leisure entertainment and you're going to start and you're going
to be the marketing manager. You're making a base salary
at one hundred thousand dollars and you have an offer
letter from Earn Your Leisure Entertainment to start August. First,
(08:41):
you don't need to work at Earn your Leisure Entertainment
for two years. You have your college history for four years.
That's your work history. You can now present that offer
letter and your first past up and you can buy
a house immediately.
Speaker 3 (08:58):
So you can use college as work experience.
Speaker 4 (09:00):
Absolutely has that always been the case, absolutely, absolutely right?
Speaker 2 (09:10):
And now if you freak it, you got that college
history four years, you got your degree. But during college
you have a single family home that you was renting out,
and now your roommate is on the lease.
Speaker 4 (09:26):
If you do what we just.
Speaker 2 (09:27):
Said with the boyfriend and girlfriend scenario, now your roommate
starts paying you, and you know you have a better
chance of getting the house faster than them have them
pay you. Now, first of all, everybody got to be
on the same page with this, right, Everybody got to
be a team effort here. So now they pay you
instead of paying their portion of the rent, you pay
(09:48):
the landlord. And now you can use that border. Now
only can you use the author letter from Ernur Leisure Entertainment.
You can also use that roommate income to help you
qualify because now that roommate is going to move into
your house with you as well continue to be a roommate.
Speaker 1 (10:04):
And that offer letter is kind of one of those
things that you kind of need to have in order
this work.
Speaker 3 (10:09):
You can't just go we.
Speaker 2 (10:11):
Need to We need to show that you got a job, right, right,
We need to show that you have a job. And
it's a start date and you can go ahead and
get pre approved. But one of the pre approval conditions
is going to be Hey, when you get into contract,
we need to know that you you're working. Now, we
need to see pay stubs from EARN your leisure entertainment
(10:34):
as we use an example to show those pay stubs.
So that way now and it matches up with the
income from the offer letter, then boom, you use that
as long as your credits go your DTI works.
Speaker 4 (10:47):
You don't have to wait two years to qualify.
Speaker 1 (10:51):
Yeah, that's a good hack because there's there's plenty of
college students who there's three roommates, but this is the
one person who gets the lease. Right If that person
now looks at those two and that you just seen
it for one roommate, yeah, eventually that could be two
or three roommates that are paying them to that documentation port,
it becomes even more important exactly.
Speaker 2 (11:07):
But the key is everybody has to be on the lease, right,
everyone has to pay you, and then everyone has to
be moving into your house because now it's border income
roommate income, and we're using that to help qualify. So
it needs to sustain to the new house, right.
Speaker 4 (11:26):
The key.
Speaker 2 (11:27):
So if everybody's on the same page, this could be
a home run. But here's how we even go a
little bit deeper with this pause. If you buy a
home that has an ADU, an accessory dwelling unit on it, right,
everybody type ADU on chat. If you have an ADU,
you can use rental income from an ADU and it
(11:51):
can help you qualify. So let's just say, for example,
you don't have the roommates, you live by yourself, but
you just graduated college. You want to use that college
degree hack, right, but you might be short with rent
with income to qualify. You find a house that has
an ADU and we can use that rental income from
(12:14):
the ADU to help you qualify as well. And when
you get into the ADU, now we're going to use
long term rental income to help you qualify, but that
does not mean you have to have a long term tenant.
You can now turn that ADU into an Airbnb, play vrbo,
(12:36):
you can make it a content studio. There's so many
different things you can target midterm renters, like traveling nurses,
like flight attendants, like depending on where city you live.
Speaker 4 (12:48):
So if you live close to airports, you live close.
Speaker 2 (12:50):
To hospitals, right, you should be targeting homes that are
close to in proximity to these areas because the mid
term rental income from corporations, right, and you have people
who travel for corporations. They may need someone to stay
for six weeks because they're doing a corporate project in
a certain city. Think about what's happening. And guys, I'm
(13:10):
gonna tell you another hacking. I've talked about this on
my program and I know you guys talked about Look
at all the AI data centers that's being invested in
built all around the country. Right, you got Texas. I
think there was two or three half a billion dollar
projects that was launched this year. Think about it. These
people are not the people who are constructing this. They're
(13:32):
not going to be long term residents of Texas. Right,
They're probably coming in from all different parts of walker life,
So what do they need rentals? They might only be
out there to do a job that's going to take
six months, So what do they need a mid term rental?
They don't want to sign a year least or a
two year least. They may need only a six monthly
eight month least, and it's going to be cheaper than
(13:54):
the corporations putting them into a hotel because that daily
rate of a hotel going to add up, you know
what I'm saying. So you got to really take the
current events and everything that's happening. I know you guys
talk about it at scale on market Mondays. Since why
you need to tap in every Monday eight pm Eastern
Standard time to see what is moving and shaken because
(14:16):
all of these moves that's happening in AI, those are
also real estate plays too. If you're paying attention, erners.
Speaker 3 (14:23):
What's up?
Speaker 1 (14:23):
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