James Wilder Jr Florida State/NFL/CFL football champion comes on the show to talk about his new Wilder sports Academy helping youth in Tampa Tampa Bay and the new football partnership they have… We are also going to be talking about veterans and VA loans because it's Veterans Day today and lastly, we will be discussing 50 year mortgage mortgages and if that is a good or bad idea as well as our real estate markets statistics with KSENIA from Mihara And Associates
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Episode Transcript
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Speaker 1 (00:01):
Welcome to the Business Happy Hour radio show with your host,
Frank de Bankkodo, the owner of Lincoln Lending Group right
here in Tampa Bay for twenty three years, joined by
his incredible co host, Senya Akishana, realtor with Mahara and.
Speaker 2 (00:15):
Associates, Tampa's top real estate company.
Speaker 1 (00:18):
Together, they have helped finance and close nearly one billion
dollars of real estate every year.
Speaker 2 (00:23):
If you're looking for local mortgage or real estate advice.
Speaker 1 (00:26):
The Business Happy Hour team has been right here on
news radio WFLA for over a decade. Listen right here.
Speaker 2 (00:32):
Or find us on the Business Happy Hour YouTube channel.
Speaker 1 (00:35):
Or follow us on Instagram at Frank Thebankkodo. Now, sit back, relax,
and get ready for some serious mortgage, real estate and
business talk with two of Tampa's top experts.
Speaker 2 (00:45):
Here's Frank the Bank and Sennia.
Speaker 3 (00:47):
Hey Tampa Bay, Welcome back to the Business Happy Hour,
your number one show for all things business and entrepreneurial.
I am the host, Frank the Bank Coodo in studio
with my amazing co host, Sennia Akishaa.
Speaker 4 (00:59):
How you doing I'm doing great? Hello, Frank the Bank.
Welcome to our guest.
Speaker 3 (01:04):
Are you freezing? Are you cold? Not in here?
Speaker 4 (01:08):
But I walked outside, I'm like, oh, I better put
on something warm.
Speaker 3 (01:11):
Yeah, and you go in the shade and it's like
really cold out there. So I think we woke up.
They said the airport this morning it was thirty nine
degrees here in Tampa Bay. That's pretty cold.
Speaker 5 (01:23):
Yeah, it's crazy how happens.
Speaker 4 (01:24):
So this weekend was so warm, I'm like, yeah, right,
is it really going to get that cold?
Speaker 5 (01:27):
No, here it is.
Speaker 3 (01:29):
I was up in my hunting farm in North Florida
over the weekend and it was hot, like we were
in shorts and t shirts on Saturday, and then Sunday
got a little cool in the evening. We woke up
on Monday morning and do one more hunt and went
out into the barn and normally it's kind of warm
and I'm sitting there and I forgot my gloves. I
left everything in Tampa. Luckily I had a little thing
(01:50):
of handwarmers. Oh my god, my son and I were freezing.
The wind was whipped. How bad was the wind too?
It was like thirty miles an hour yesterday.
Speaker 5 (01:58):
I wasn't out hunting.
Speaker 3 (02:00):
That's a good point. Well, I guess you were just
in the warmth of your house yesterday. Yeah, man, it
was fun. So a good morning to all you hunters
listening on early morning on nine to seventies Sunday in
the Sunday morning. If you're a hunter, if you're a fisherman,
this is the season. This is why you live in
Florida for this weather. If you're a snowbird, welcome back.
We know you guys are all coming down right now,
(02:22):
you guys. I see these snowbirds. You know how you
can tell it's a snowbird. You see what they're wearing
when it's called They're in flip flops and T shirts.
You got like James over here, he's bundled. He's got
like three shirts on. You've got a what what Look
what he's got that slides with the socks. That's right.
So if you guys don't know who James Wilder Junior is,
(02:43):
you are in for a treat today. This is a
local tampanion. The guy's a football star Florida State CFL.
Comes from an NFL family with his dad being a
buccaneer as well. So we're gonna meet James today. He's
a good friend of Lincoln Lending Groups and of Frank
the Bank here to be talking a little bit about
James the story. What are you talking about the Wilder
Sports Academy. Uh, you got it. You don't know what
(03:06):
it is, but you're gonna know what it is today.
I want you to go to Wilder Sports a w
I L D E R. By the way, Wildersports Academy
dot com. Or you can find them on Instagram, Facebook, MySpace,
Courier Pigeons, you can find them everywhere. They fly Wilder
Sports Academy. You see that shirt right there checking out.
James is gonna tell us what is that? But before
we get to that, we're gonna learn about We got
a lot of exciting stuff today. Said so we've uh,
(03:28):
we walked in. We're just gonna talk to James. But
Sandya's like, Frank, how about fifty year mortgages? Right? It's
Veterans Day? How to about veterans loans?
Speaker 6 (03:36):
Right?
Speaker 3 (03:36):
What are we gonna do with that? It's freezing, We're
gonna talk about that. We're gonna talk about the VA
guarantee at Lincoln Lenning Group. If you're a veteran, you
don't want to miss that We're gonna get into that
before the end of the first segment, along with the
little stats, and then when we get into the second segment,
we're gonna learn about James Wilder Junior. Where did he
where did he grow up? How did he get into football?
What do you kids gotta do? Maybe you're some of
(03:57):
the boys right now at Jesuit because you guys have
school today. I know I had to drop my son off,
So maybe you guys are checking it out today. You're
gonna find out what does it take to be a winner,
whether it's mortgages, whether it's real estate, or whether it's football.
You're gonna find out what it takes to be a
winner on today's show. The business happy are. So with
all that, let's get started. Let's see we're gonna go
(04:18):
first today. How about let's send let's talk about the
real estate market a little bit. And James, by the way,
chime in. You're you're not just a guest on the show.
You're a guest host. So even if you disagree with us,
you're welcome to say it. I gotcha, got most people
agree right. But last week, by the way, we had
a great gold Star family on last week, that with
that show, I think today's gonna be a little different show.
(04:39):
It's gonna be a more little lighthearted today. Last week
we were sending at least me, I couldn't hold it
because we found out he lost his son and his
son's name was Frankie, and they like halfway through the story,
I'm like, oh gosh, I was like, this is bad.
So he's gonna Craig's gonna come visit us tomorrow at
Mission Barbecue. So that's gonna be awesome. He's doing a
little something special for us. But Sen, how you been,
how are the real estate staff? What's going on in
(05:01):
the market right now? Then we can get into mortgages
and rates and all that.
Speaker 5 (05:05):
That sounds good.
Speaker 4 (05:06):
Well for September, So as we've been talking, you know,
we definitely had you know, an uptick in a closed
sales volume, so that's good.
Speaker 6 (05:12):
Good.
Speaker 5 (05:13):
It means more activity.
Speaker 4 (05:15):
But in general, I mean no huge shifts. But you
know what I've had a lot of clients asking me lately,
is are we kind of through that you know correction period?
Speaker 3 (05:24):
Okay?
Speaker 5 (05:25):
You know, who knows?
Speaker 4 (05:26):
Really I kind of feel like even the correction period
that you know, we were all expecting to have. Sure,
you know, things have slowed down a bit, you know,
not as many closings happening, But I don't think the
price is shifted as much as we all anticipated.
Speaker 3 (05:40):
And by correction, you're talking about what people are kind
of expecting to see prices drop considerably. Is that what
you're you were saying?
Speaker 4 (05:46):
Yeah, I mean I had clients, you know, a year
two years ago. Oh it's going to crash. You know,
prices are going to go down so much, and you
know we didn't really see too much of that.
Speaker 3 (05:57):
How much do you if you were to throw it,
I hate to put you on the spot, but if
you were to throw a number at it and say,
prices have dropped by this percentage over the last year
or two, is there a number? What do you think?
Speaker 5 (06:09):
I mean if you bundle it, you know, and every
month is different.
Speaker 4 (06:12):
So my stats are, you know, year over year, So
I guess take for example, in Hillsborough County for September
year over year, it was up by point four percent. Whoa,
I mean it's nothing major, but I mean, yeah, just
across the board, we haven't seen like any huge fluctuations.
Speaker 3 (06:27):
Wow, howbout Panella's County. Where were they? I mean they
had to be down a little.
Speaker 4 (06:31):
Bit, right, Panella's was down a little bit two point
three percent.
Speaker 3 (06:34):
So okay, So when we talk about percent two point three,
what are people asking for in closing costs these days
when they're doing offers.
Speaker 4 (06:41):
Well, that's the part where we're saying, go buy now, right,
these are the numbers that are they don't get factored in. Right,
So say you know, house is listed for five hundred,
you get a deal at the four ninety. What the
regular consumer is not going to see that that buyer
also got an additional you know, fifteen twenty thousand dollars
and concessions from the seller, whether it's for you know,
rate by downs or just a closing costs, sure closing costs.
(07:03):
You know, oh I've got you know, you'll need to
replace here's you know, five grand for that.
Speaker 3 (07:07):
But yeah, so that doesn't show a little bit of
that correction.
Speaker 5 (07:10):
It doesn't show that now.
Speaker 3 (07:12):
But overall, what I'm what I'm really focused here on
is that people were looking for this correction and you
just kind of burst the bubble right there, and you're like, guys,
it didn't correct. It actually went on.
Speaker 5 (07:21):
I mean hopefully corrected a little bit.
Speaker 4 (07:22):
You know, I think from the frenzy of what we
were seeing with like zero inventory and you know, every
house getting you know, multiple offers and people going way
above you know, fifty thousand dollars more than ask price. Like,
I think the correction itself has you know, happened where
things you know aren't crazy like that. There's some you know,
negotiating power, but in general, you know, prices went down
(07:45):
a bit.
Speaker 3 (07:45):
Yeah, and I and I, you know, I think we
have some exciting stuff coming here, James. We're going to
get into that here in just a minute. James over smile.
He was messing around with a camera. He's like, forget
this stupid thing that break had attached over there. He's like,
I'm going to get this other one where you look
good either way, James going appreciate you look good, you
sound good. This guy's note is not shy to the camera,
by the way, absolutely not never. What else? What else
(08:07):
do we want to talk about in stats?
Speaker 4 (08:09):
Well, I mean I think the main point is that
I think, you know what's been happening with interest rates,
you know, the lower that those are going to go,
I mean, we are going to have those buyers that
have been sitting on the sidelines come back right right,
you know when that happens, you know, and the activity
really starts, you know, getting spurred again. This is the
time to buy now. It is getting the deal, negotiate.
Speaker 7 (08:30):
I mean, we're still a lot higher during you know,
the pandemic years, but still like for single family homes
in Hillsboro, it's you know, four months Panela's four point two,
pass go three point eight.
Speaker 5 (08:41):
You know overall it's.
Speaker 3 (08:42):
Like four yeah, so we're still low on the inventory.
We're still low.
Speaker 4 (08:46):
So that's why I think, you know, if people don't
act now, I have had more listening calls. I will
say that there are you know, sellers that are finally ready. Okay,
I'll put my house in the market. Someone will wait
till the new year to kind of see, you know,
how things shakeout.
Speaker 3 (09:00):
We can only wait so long.
Speaker 4 (09:01):
You can only wait so long. And I think if
you are buying, start the process.
Speaker 3 (09:05):
Now, right, good good advice all Frank.
Speaker 5 (09:08):
You know, rates are tell me about rae.
Speaker 3 (09:10):
Well you heard the little little thing in news. I'll
tell you know what we'll talk. Let's talk rates for
veterans first, sure, since it's Jane. Do you have any
veterans in your family?
Speaker 6 (09:20):
Yes, yes, yes, Larry Blue, Larry Blue, shout.
Speaker 3 (09:22):
Out, shout out to Larry. What did Larry do? Is
a Marine Air Force.
Speaker 8 (09:25):
He's been in an Air force since he's since I
wasn't like elementary.
Speaker 3 (09:29):
So he's a lifer.
Speaker 6 (09:30):
Yeah, life all right, man, it's high school. Fresh out
of high school.
Speaker 3 (09:33):
Well, Happy Veterans Day, Larry Blue, you get it. You
get a special shout out today. I want to say
a Happy Veterans Day to my dad up there in
heaven and to all the veterans who gave it all.
Thank you for what you guys have done, and for
all you veterans listening to the show. Right now, let's
talk rates, and let's talk what Lincoln Lennin can do
for veterans. Right now, Sin, what do you think about
the VA loan compared to conventional and faha, do you
(09:55):
have any opinions on it?
Speaker 5 (09:56):
I mean, I think it's great.
Speaker 3 (09:58):
I love that.
Speaker 5 (09:59):
I wish I was a psych could get a VA loan.
Speaker 6 (10:01):
Right.
Speaker 3 (10:02):
So the reason I asked you that question is because
a lot of I find a lot of real estate
agents are ill informed about the VA loan and they
think that it's a harder loan. And if they have
a VA offer and a conventional offer, I feel a
lot of times they're going to go with the conventional offer, right,
And I want to dispel that myth in that rumor
right here on Veterans Day is that the VA loan
is the loan that you should choose. If you're a
listing agent or if you're a seller, you want the
(10:23):
veteran a They literally risk everything for you, right in
your family. So let's say you don't care about that
all right, Let's say you're a cold hearted snake and
you just don't care that they that they went out
there and fought for you. Let's say we're just going
off the math. Well here, you didn't know this, but
a VA loan with Lincoln Lending Group has no minimum
credit score and no maximum debt ratio. So what happens
(10:45):
when that buyer goes out and does some dumb stuff right,
screws up his credit in the middle of the transaction,
goes out and buys a car or a piece of furniture,
getting ready to own that house and have that garage.
He screws up his debt ratio. Well, if you are
in a VA loan, you likely with Lincoln Lending Group
can still stay in underwriting and stay approved. In most cases,
the conventional guy has to have a six to twenty
(11:06):
credit score and he has to have a debt ratio
under forty five or fifty percent, so there is no
wiggle room. So next time you're out there you're a
real estate agent or you're a seller and you're considering
which offered to take, I don't care if the conventional
guy's putting thirty percent down, right, they still can get
screwed by screwing up their credit or their debt ratio.
Where the VA loan you can put one hundred percent.
(11:27):
I'm sorry, get one hundred percent financing, no money down,
have no max debt ratio, no minimum credit score. You
got to go to contact frankdbank dot com to talk
to me about it or text me. I always put
my cell phone number in all the descriptions, but contact
frankdbank dot com will bring you right to me and
you can get approved for this VA loan. When we
get back from the break, we're going to real quick
talk about the VA guarantee and then send out a
question about long term mortgage mortgages that just came up
(11:50):
this weekend, something very interesting. If you've ever heard of
a fifty year mortgage, I haven't, but we're going to
talk about it in just a minute with James Wilder Junior,
Sennya Akeisha from Maharran Associates, and Frank the Bank. Stay tuned,
we'll be back in just a minute.
Speaker 1 (12:03):
All the best mortgage or real estate advice from Tampa
Bay's top experts. It's the Business Happy Hour with Frank, Debankkodo,
and Sennia.
Speaker 3 (12:12):
All right, Tampa Bay, welcome back to the Business Happy Hour.
You're number one show for all things business and entrepreneurial
in studio with James Wilder Junior, Florida State Champion, CFL champion,
just a great guy all around, and he's just opening
the Wilder Sports Academy. We're gonna plug that again. We're
gonna find out what the Wilder Sports Academy does a
little later in the show. Matter of fact, James just
(12:32):
put out there if you guys got any questions, hit
us up on Instagram. We hardly ever do that, but
you guys are welcome to ask questions about what we're
talking about or just something in general. You know, Sendia
does real estate over at mahar And Associates. You can
call her at eight one three seven, that's it, seven
five to five reel, or you can go to contact
Frankdbank dot com, or you can visit Wilder Sports Academy.
We've got a lot of things going on today. Let's
(12:53):
get back into the VA loans since its Veterans Day.
Then I know you have a quick question about crazy
mortgage products and terms, and then we're gonna learn who
James Wilder Junior is and what's he doing with the
Wilder Sports Academy. Get ready for that. So VA loans
you just mentioned in the break you said you never
thought about it like that as a as a real estate.
Speaker 5 (13:13):
I haven't thought about it like that.
Speaker 4 (13:15):
So no, it's a very good point that you know,
there's just a lot more flexibility with your veterans loans,
not as strict, so if they do mess something up,
you could still probably save them and get the deal done.
Speaker 3 (13:25):
Yeah, and sadly, you know, I can't use the word
I want to use on the radio, but what a
buyer sometimes do in the middle of transact actions stupid stuff.
Speaker 5 (13:33):
Right, stupid stuff. That's a good way to put it right.
Speaker 3 (13:36):
Don't buy a car, don't screw up your credit. In
the middle of a mortgage transaction, had a lady called me.
She's a middle of her loan. The other day she goes,
I want to quit my job and take this other job.
I was like, When she's like, like, now, I go, man,
we're closing in seven days, I was like, can you
She's like, I hate my job. Can you hate it
for like in seven or eight days instead of now?
You know?
Speaker 9 (13:56):
Please?
Speaker 3 (13:56):
Anyway, So that's all this good advice. So I'll talk
real fast because I want to get in with James.
I know you have a question about terms. It's it's
Veterans Day. We have a VA guarantee.
Speaker 6 (14:06):
All right.
Speaker 3 (14:06):
We did this in honor my father, uh silver Star,
purple Heart, Frank Coto Senior. We created the VIA guarantee
any VA loan two hundred and fifty thousand and up.
I will beat the written estimate. You have to provide
us with a written estimate. You can text it to
me at eight one to three, seven sixty five twelve
thirty nine. That's seven sixty five twelve thirty nine. Tell
(14:26):
me what credit score the other lender got on you
and text me the estimate. I will send it to
my team and in less than an hour we will
provide you with a written estimate and we will beat
rate and cost. And you asked what the rates were earlier. Today,
here we go. I'm now I'm supposed to give like
aprs and all this, so I'm going to say it
differently so that we don't have to follow all these
crazy rules. We can lock you under five point two
(14:49):
six percent on a VA loan, under five point twenty
six percent, that might cost you a little bit, or
if you don't want to pay the VA guarantee. We
did this morning for somebody was at a a rate
just under five point five percent, just under five point
five percent, and it didn't cost that veteran anything on
a three hundred and fifty thousand dollars loan, no points,
that is. And another guy with a six fifteen credit
(15:13):
score got a rate just under five point seven seven percent.
Five point side was under five point seven seven. You
do the math and figure out what Rady got, But
it was under five point seven to seven and he
paid zero origination fees, zero underwriting fees, and has an
amazing rate. So people think the rates are not good,
they're wrong, especially for veterans, and we will beat that.
Written estimate. Contact frankdbank dot com or text me directly
(15:36):
and send the estimate and we will take care of
you veterans on Veterans Day.
Speaker 5 (15:39):
All those scenarios are under six percent.
Speaker 4 (15:41):
Like I think, if you were to look, you know,
on you know, Google or wherever else, I don't think
I see anything that's under six That's part of.
Speaker 3 (15:48):
The problem is you google it and then they show
these rates are in the sixes and sevens, and that's
what keeps people on the fence. So, speaking of people
trying to get off the fence, what was the news
you saw this week about mortgage terms?
Speaker 4 (16:01):
So yes, I guess our President Trump announced. Well, I
think the conversation starting about fifty year mortgages.
Speaker 3 (16:09):
Fifty years James, are you fifty years old? I know, yeah,
you're doing good on the hair. I think you're gonna
be just fine on the hair.
Speaker 6 (16:18):
I don't know.
Speaker 3 (16:19):
I think you know, I made it in the mid
forties and I still got it, So I think I'm
gonna be okay fifty year mortgages. So yes, Trump floated
fifty year mortgages, and then the guy who was in
charge of like housing or whatever and the Federal Housing
Administration something like that, chimed in and said, yes, it's true,
they're considering it and they're working on it. So immediately
the internet went on a buzz, a negative buzz about
(16:40):
fifty year mortgages. So I wanted to speak out, and
I'm going to do a video when we're done with
the radio show, and I'm gonna speak very specifically to
fifty year mortgages. But I did some research. I already
knew the answer, but I did some research to find
out that is a fifty year mortgage good or bad?
And where I started the research was what do Americans
already do? Right? And here's a couple key statistics. All right,
(17:03):
how many people do you think I'm asked James this.
Then I'm gonna go to you. How many people do
you think take out a thirty year loan and keep
that loan for thirty years and pay it off? How many?
What percent of Americans do you think do that? Take
out a thirty year mortgage, don't REFI don't sell it,
(17:24):
keep it thirty years and pay it off. What percentage
of America does that, that's a good guess. The answer
is less than five closer to three percent.
Speaker 4 (17:35):
Yeah, I was gonna say, I like, it's got to
be so small because I mean, it just it doesn't
happen even statistically if people move, you know, every seven year. Sure,
unless you're Okay, this is the house I'm going to
retire in. Yeah, but I mean most people don't even
with Yeah, the thirty year mortgage, you just threw out.
Speaker 3 (17:51):
Their seven years. You just pulled that because you're an
experienced real estate agent. You said people move every seven years.
The stat right next to this says the average life
of a thirty year mortgage in the United States is
seven years, driven by rates, home sales, refinances, earlier payoffs.
Few loans survived to maturity without intervention. Right, So, all
the negative publicity on the fifty year mortgages, Oh my god,
(18:15):
people are gonna get a mortgage. They're not gonna They're
never gonna own their home. They're gonna get it when
they're thirty, and they're gonna they're gonna die at seventy
eight and they're never even paid off their home. You know,
they got to live to eighty. It doesn't happen. Statistically,
it doesn't.
Speaker 4 (18:27):
I don't get the negative buzz because I'm like, all right,
even thirty, I mean it doesn't seem like that huge
of a hop really, no, thirty fifty. I mean it's
a long time, and most people do not. They don't
keep that same mortgage without doing something to it for you.
Speaker 3 (18:39):
Know, so what does it do?
Speaker 6 (18:40):
Right?
Speaker 3 (18:41):
Mathematically? I ran the math to tell people real numbers here.
So let's say you have a five hundred thousand dollars
mortgage at six percent interest. All right, that's high. We're lower.
I just told you we're lower than that. But let's
just go high. Right, Your payment would be about three
thousand a month, right, principal and interest on a half
a million at six percent. Now push that thirty year
mortgage out to a fifty year mortgage. Your payment goes
(19:02):
down by about two hundred and seventy dollars a month,
So it is pretty considerable on the Oh wait, hold
on six seveny No, no, sorry, three hundred and seventy
dollars a month. I was wrong about that. Three hundred
and seventy dollars a month. That's significant.
Speaker 5 (19:16):
That's significant.
Speaker 3 (19:18):
So like James, if you're looking at a house and
you're like, hey, I could take this mortgage or this one,
knowing you're probably not paying either one of them off
over the urn, would you take the fifty you would?
He'd take the fifty cents, right, because you can refinance it,
you can sell it, you can move into something else. Hell,
you can change it to a ten year mortgage if
you want. If you're like, you know what, I'm really
gonna keep this house? Yeah, right, you can get into it. Now.
Speaker 4 (19:39):
A lot of people would Frank like, I mean the
issue is affordability, right, yes, And I mean if that
would make something more affordable. So many people would just
love to get into a house, right, you know, And
it really does come down to the monthly mortgage payment.
They're not thinking about, you know, fifty years down the road,
thirty years down the road. It's hey, I need a
house today. Yes, I want to buy a house. And
I mean, if that's what would make that attainable for them,
(20:01):
that's right. I don't see the issue.
Speaker 3 (20:03):
Affordability is a key and that's what they're doing. And
that is my spiel. The segment is over. We'll talk
to you guys, when we get back with James Wilder
Junior and more on fifty year mortgages.
Speaker 1 (20:12):
Welcome to the Business Happy Hour radio show with your host,
Frank Debank Coodo, the owner of Lincoln Lending Group right
here in Tampa Bay for twenty three years, joined by
his incredible co host, Senia Akishana, realtor with Mahara and.
Speaker 2 (20:26):
Associates, Tampa's top real estate company.
Speaker 1 (20:29):
Together they have helped finance and clothes nearly one billion
dollars of real estate every year.
Speaker 2 (20:34):
If you're looking for local mortgage or real estate advice.
Speaker 1 (20:37):
The Business Happy Hour team has been right here on
news radio WFLA for over a decade.
Speaker 2 (20:42):
Listen right here, or find.
Speaker 1 (20:43):
Us on the Business Happy Hour YouTube channel, or follow
us on Instagram at Frank Debankkodo. Now, sit back, relax,
and get ready for some serious mortgage, real estate and
business talk with two of Tampa's top experts.
Speaker 2 (20:56):
Here's Frank de Bank and Senia.
Speaker 3 (20:58):
All right, Tampa Bay, welcome back to the Business Happy Here.
We're having a lot of fun here on Veterans Day.
Did you know that today is eleven eleven? What does
that mean? Do we get like a free slurpee or something.
I know my kids always message seven eleven, go get
your slurpeye Dad? Oh man, these kids. James Wilder Junior,
Welcome to the Business Happy Hour. How are you man?
Speaker 6 (21:16):
I'm doing great. Thanks for having me.
Speaker 3 (21:17):
Yeah.
Speaker 6 (21:17):
Yeah.
Speaker 3 (21:18):
We get to hang out every once in a while.
You come over to the office. We shot some videos.
I said, Man, you're doing the Wilder Sports Academy. We've
got to get you on the show. Like any of
our guests, I want you to tell a little bit.
We don't want to take too long, but I want
to know what makes James Wilder tick. You know, I
know you as a Florida State champion. My wife and
I went to Florida State, so we knew that we
watched you on the field. Go knows which this year
(21:39):
we started. Let's not talk about what happened this year.
Let's just talk about the Alabama game. That's what we're
h It was a great game. But James, tell us
a little bit about you. Where'd you come from? I
know you grew up in a football family. I'd like
to know what it took to become James Wilder. And
then by the next segment, we're going to talk all
about Wilder Sports Academy.
Speaker 6 (21:55):
Yes, yes, the Wilder name.
Speaker 8 (21:57):
If you're from Tample and you're older than thirty three,
which is that's my age, you made her with the
Wilder name.
Speaker 6 (22:02):
In the eighties.
Speaker 8 (22:03):
My father played for the Tempa Bay Buccaneers in the eighties.
He holds the Russian record. He holds the Russian record.
Speaker 3 (22:08):
And oh, we got a limp.
Speaker 6 (22:12):
Mikes. There I go like that.
Speaker 3 (22:15):
Please back, come on, Mike, work.
Speaker 6 (22:16):
There we go, there we go.
Speaker 3 (22:17):
All right, we're gonna get it to work. Here, James, James,
Mike is falling apart over here, look like.
Speaker 6 (22:22):
A rookie over here. All right, there we go back
to James. Yeah, no, so okay, I'm James Waller Junior.
My father.
Speaker 8 (22:26):
In nineteen eighties he played for the Temper Bay Buccaneers.
James Wilder Senior. He's the all time rusher for the
Tempa Bay Buccaneers.
Speaker 3 (22:34):
Yeah.
Speaker 6 (22:34):
My mom was a buck's.
Speaker 8 (22:35):
Wife, a buck's wife, that the head buck's wife or
nineteen eighty one or I'm sorry, nineteen eighty three through
nineteen eighty seven.
Speaker 3 (22:43):
All right.
Speaker 8 (22:44):
My sister she played for the Tempa Bay Breeze. Here
the professional football team here.
Speaker 6 (22:49):
Yeah, I know that. Yeah, oh man, her highlight is crazy.
And then I'm the youngest.
Speaker 8 (22:53):
I'm the youngest, So I had some big shoes of
field and I played for Florida State. Went to Plant
by ESPN ranked the number one athlete in the nation,
went to Florida State, won the national championship.
Speaker 3 (23:02):
Knows what year did you win that championship?
Speaker 6 (23:04):
Thirteen thirteen season?
Speaker 8 (23:06):
Thirteen season, Jameis Winston got the Heisman that year, beautiful season.
Two years with the Bengals, one year with the Bills,
seven years with the CFL. Won a great cup up there,
Rookard of the Year up there, and that's the season.
Now I'm back, I'm retired. I'm here to pass the
gyms back down to our youth here in the community
here in the Tampa Bay area and help them get
to their dreams.
Speaker 3 (23:27):
That was a really fast story, right, You did grow
up here? Would you go to like would you go
to elementary school and middle Yeah?
Speaker 8 (23:33):
Yeah, man, I was so a Lake Magdalen, Carroll Wood,
And then for middle school, I went up to Michigan
and came back, went to Martinez and Loots High School,
went to Chamberlain and Plant high school.
Speaker 3 (23:45):
Explain that Chamberlain Plant thing. How did you go from that?
I go from the Chiefs to the Plant?
Speaker 6 (23:49):
You feel me? Yeah, I know the storm Now I
think they're story I know, I know, I know. That's
what I say too. But yeah, no, Billy Turner.
Speaker 8 (24:00):
Billy Turner was a legendary coach and he coached my
brother in for the Chamberlain and he coached my sister,
used to chain my sister for basketball, and he was
just a legend. And my dad wanted me to play
for him so that he retired. He happened to retire,
he got I got a little sick, and he retired
my second year, my sophomore year. So after that he
was like, hey, I want to help you get somewhere
where I know you'll be in good hands with some
(24:21):
great coaches.
Speaker 6 (24:22):
And that's where I brought you to Plant.
Speaker 3 (24:25):
Did you play against Jesuit when you were a playing
I never got to play against I never got to
play against thou with No. Okay, that's why I went
to school. So that's the only time.
Speaker 6 (24:33):
Between between those schools. It just can't be Robinson, I
love it all right.
Speaker 3 (24:41):
So all right, so we know you had a great
career at Florida State, played a little in the NFL
and then and then you had Rookie of the Year
and the CEE IF What was it like playing in Canada.
What's the difference in Canadian football and US football?
Speaker 6 (24:52):
Man?
Speaker 8 (24:52):
Like you see me in flip flops now, I mean
I kind of adapted to it a little bit. No, Honestly,
I went up to Buffalo after Florida State. First of all,
I never played in snow, so I played. I played
at Florida State and I went to Buffalo. That was cold,
Cincinnati was cold. I was like, I need to get.
Speaker 6 (25:06):
Back down to Miami or Tampa Bays, you know. But
Canada was a little different, abously.
Speaker 8 (25:10):
You know, the rules are a little different, the field
is different, the field goals in the front, and there
was a few different rules. So for me, I didn't
know anything about Canada or the CFL. You know, I
was still, yeah, I'm still learning a little bit about
Canada itself. You know.
Speaker 6 (25:23):
Don't let them know that.
Speaker 8 (25:24):
But for myself, I you know, I just wanted to
prove to get back into the NFL, honestly, And I
told I remember telling my agent. I was like, man,
I don't know anything about the CFL, but it has
to be Toronto because I'm at least going to get
the experience.
Speaker 6 (25:36):
It worked out. We want a great Cup our first year.
I won Rookie of the Year our first year.
Speaker 8 (25:40):
Man, and I was like literally days and weeks from
just getting ready to leave. Coach Mark Tressman. Shout out
to Mark Trestman. He coached my dad for the Tempa
Bay Buccaneers and he was coaching me in Toronto.
Speaker 6 (25:50):
He was the head coach.
Speaker 8 (25:51):
He won Coach of the Year that same year I
won Rookie of the Year and he I was like, coach,
this isn't working out for me.
Speaker 6 (25:57):
I was like third stream running back.
Speaker 8 (25:58):
I was like, man, at this point, you know I
got you know, I got my kiddies back home.
Speaker 6 (26:01):
Man, it might be best to get the job at
this point. Rookie year.
Speaker 8 (26:03):
When when you're a rookie in the CFL at that time,
it was like fifty six thousand dollars and that was
like c A D so USD is like that's before taxes,
so you do the math.
Speaker 6 (26:12):
It's like McDonald's in America. And I was like, yeah, I.
Speaker 8 (26:15):
Was like my trustman, I love the dream. But man,
I'm not playing in I'm just this is this is tough. Yeah,
and he was like, just stick it through, stick it through.
And he called me. I was like, hey, we're gonna
give him a chance to start. He was like, he
thinks he can start, Let's see what he does. First
game had like almost three hundred yards and then who
the week after that he wanted to keep me home
and he was like, man, just let's see what he
can do. Is see if can keep going a second
(26:35):
game over three hundred yards again, and it was just
it was just on from there. I just I kind
of kind of refound myself and now.
Speaker 3 (26:41):
You get to renegotiate the contract.
Speaker 6 (26:43):
To that No.
Speaker 8 (26:43):
Oh after that year. Immediately after that year, I was like, hey,
this is this isn't work. He used to be the
best CFL player in My stats are higher than his.
I need to be up there. And he showed love.
He showed love to Jim Pop the gym at the job.
Speaker 3 (26:55):
Your job. You're like, listen, we can add a zero here.
Speaker 6 (26:59):
The yeah, you I do that.
Speaker 3 (27:00):
Next guy, call me, I do math. I'm going there
and I be like, nah, this isn't gonna work.
Speaker 6 (27:06):
But I will say, just to mix in these stories.
Speaker 8 (27:08):
This gets me excited because I've been traveling and bouncing
around for my career and I'm just getting back retiring
from Canada, so of me getting ready to be a
first time homeowner, and I'm hearing these fifty year loans.
Speaker 3 (27:19):
And yeah, is it interesting?
Speaker 6 (27:21):
It is? It is. I'm sitting back just listening.
Speaker 3 (27:23):
It is. Yeah. See, and you you know, you're just
kind of a regular guy, and you're saying, hey, I'm
gonna buy you hear this fifty years and all of
a sudden you get a little excited about it. Right,
And that Senia, that that is the whole point yep, Right,
is you're creating a buzz and you're creating affordability. And
I think we're going, like I said on the previous second,
I think we're gonna see rates drop. And if you
(27:44):
couple that with a fifty year mortgage, it's it's borderline.
Remember the interest only loans. Right, People are like, oh,
it's so bad. It's interest only, you know, guys, And listen,
I'm gonna talk kind of mean for a second. It's
called financial discipline. Right. I had a breakfast with a
real estate agent today, and that's exactly what we're talking about.
She's like people, in order to pay off your house,
you have to have financial discipline.
Speaker 6 (28:06):
Right.
Speaker 3 (28:07):
You have to either force yourself by putting yourself on
a specific term or you have to throw money at it.
When you read the stats right here, it tells you
the actual stats explain one hundred percent that people pay
their mortgages off directly, like they don't take them to term.
So you have to have discipline to do it. So
fifty year mortgage, my opinion, great thing are they released yet?
Speaker 1 (28:30):
No?
Speaker 3 (28:30):
Actually funny?
Speaker 5 (28:31):
So ay the chances that this is gonna come to fruition?
Speaker 3 (28:34):
Well, I'll say it the way I say everything about
Donald Trump, right this guy. And I said this in
front of a freaking whole crowd of real estate agents recently.
I said, listen, have you ever known the man to
say he's going to do something? He doesn't do it?
Like that's all I have to say, right, And it's
a smart move because he can't he can't super easily
control the rates. Yeah, he can tell the Fed what
(28:54):
he wants them to do. Yeah, he can make recommendations,
but the president doesn't control the interest rates. Has to
do things to make the market move. What he can
do is what Obama did, and I actually, this is
one thing I really liked about Obama. He did the
eight thousand dollars first time home buyer credit, and James,
I know you'd love that.
Speaker 9 (29:13):
You know, imagine he's like, that's why I got trying
to get to Miami, but nosed that eight thousand helps.
Speaker 3 (29:23):
And what he literally did was if you bought a house,
he literally they didn't write your check. They give you
an eight thousand dollars credit off your taxes. So if
you didn't owe the irs money, they actually sent you
a check.
Speaker 6 (29:32):
Right.
Speaker 3 (29:32):
That spurred the crap out of market. So he didn't
change rates, he gave a little something back. That's what
Trump's doing. Now. Trump's going to push the monetary policy
to get the rates down to right. He's not Remember
people don't forget. Trump wasn't never a politician. He was
a real estate mogul. He grew up in the real
estate world. So if the guy's going to do anything
to help America, it's probably gonna be through real estate. Somehow,
(29:54):
we got to give them a little time, so fifty
year mortgages. James is excided I'm excited sending his excit.
By the way, side note, it's not out yet. I
did have a real estate agent when I was walking
up into the building and say, hey, can can can
lisey con Jessica somebody preproved yesterday Conjessica qualified for the
fifty year mortgage. No, because there is no fifty year mortgage, right,
(30:16):
But it's a great idea.
Speaker 4 (30:17):
The buzz is exciting, and I really do hope Okay,
even if not fifty, maybe it'll end up at forty
and like whatever, I mean, anything will halp.
Speaker 3 (30:24):
Yes it will. And I said it last week or
not last year. Last year, I said, if they would
just do a longer term mortgage, that could fix the problem, right,
And that's what we're doing. Fifty year moreage. So fifty
year mortgages on five hundred thousand save you about three
hundred and seventy dollars a month, pretty significance, like thirteen
percent or so on your payment. It's supposedly going to
(30:45):
be a regular conventional mortgage. And we do support this idea.
And by the way, rates for veterans are in the
fives right now, you're not in the sixes. You can
be in the low fives with good credentials and a
little fee. You can be in the high fives with
no fees right now on a one hundred percent loan
for our veterans. It is Veterans Day. I want to
thank all you veterans for everything you've done for us.
Again from Mahard Associates. Send from Lincoln Linen Group, from
(31:07):
Wilder Sports Academy. We do support our veterans one hundred percent.
We're going to take a break. When we get back,
we're going to talk all about Wilder Sports Academy. How
do you find it? Where do you go? Is it
on Wilder Street? That's a clue. It might be on
Wilder Street here and Dampa And no, James did not
have that street named after himself. Before we leave Senia.
If you have real estate questions, because we know it's
time to buy. We know the market is not down,
(31:29):
it's technically up. How do they reach you? Send?
Speaker 4 (31:31):
They can call me at eight one three seven five
five real or go to Tampa real Estate dot pro.
Speaker 3 (31:36):
Tampa real Estate dot pro. You guys found it. By
the way, there's a new listing in my neighborhood. From
Maharran associates. Did you hear about that one? You want
a big five thousand square foot house land on Spruce Street.
Speaker 5 (31:49):
Yeah, but I mean that whole little area.
Speaker 3 (31:51):
Check it out. Called Senia, She'll show you the house. Guys,
it's a business happy Are we back in just a
minute with James Wilder Junior. Stay tuned.
Speaker 1 (31:58):
Let's get back to the Business this Happy Hour radio
show with your host Frank the Bangkoto, owner of Lincoln
Lending Group, and his co host Senia Akisha.
Speaker 2 (32:07):
Frilt with Mahara and associates.
Speaker 3 (32:10):
All right, Tampa Bay, welcome back to the Business Happy Hour,
your number one show for all things business and entrepreneurial.
And today we've got a local sports hero. Comes from
a long line of football stars starting with Dad, a buccaneer.
And you said he still holds the record for the
most rushing yards.
Speaker 8 (32:27):
Rushing yards, he was the all time. Mike Evans just
broke that record last year.
Speaker 3 (32:31):
That's right, man, dude Evans. How about this SE's gone. God,
he could have had another thousand yard freaking season there.
It hurts well, it hurts worst is that was a
freaking penalty too. When they took him down and broke
his collar bone. And when I saw him hit the
ground and just not move, I'm like, oh damn, cause
he's a tough dude. When you saw it, oh god,
(32:52):
just I got chills. I was like, that's really really bad.
And that was a catch, Like everybody.
Speaker 8 (32:58):
Was jinxing it, man like, because he was already, you know,
trying to battle coming back from the injury already.
Speaker 3 (33:03):
They did jingson a little bit. Yeah, Buccaneers, come on here.
By the way, great game against the Pats. You guys
could have pulled that one out. That was kind of
sad there. You can't you can't let you can't lose.
When you get a turnover in the last two minutes,
you can't waste it. Okay, that's you know. I'm not
a football player. I just watch tough weekend. Yeah, we
started with Florida State. Whole nother conversation. We just got
(33:25):
to beat the Gators, man, can.
Speaker 6 (33:26):
We just en Bama Gators? Sec?
Speaker 3 (33:29):
I'm okay, okay, now that's it.
Speaker 6 (33:31):
Just not the standard, but for now I'm okay with that.
Speaker 3 (33:34):
Yes that next year's yes, years coming around the corner.
All right, So James Wilder Junior, all right, we told
you told your life story in thirty seconds. Now, now
let's tell the second half of your life story. Wilder
Sports Academy. What is it? Where is it? What do
you do? How do we tell me everything?
Speaker 6 (33:48):
That's okay? Wilder Sports Academy.
Speaker 8 (33:50):
It's in south it's downtown downtown Tampa, sixteen oh one
North Marion Street.
Speaker 6 (33:54):
Okay, it's an industrial warehouse.
Speaker 8 (33:57):
We have an indoor turf field, we have an indoor
professional size boxing ring, we have an outdoor grass field,
basketball field, saunas, bathrooms for women in and males. I
always say that because you think that would be automatic,
and that is not. It is not so got to.
Speaker 6 (34:13):
Yeah, we we we show love for our women.
Speaker 8 (34:15):
To have their separate space for their man and and
then we have the weight room.
Speaker 6 (34:19):
We work with the youth. We work with adults as well.
Speaker 8 (34:21):
And all of our trainers, all of our trainers at
the sports specific is a retired professional athlete.
Speaker 3 (34:27):
Oh god, so were you thinking?
Speaker 5 (34:29):
Well for the youth?
Speaker 4 (34:30):
Actually, boys and girls and what ag ages?
Speaker 8 (34:35):
You see My baby boy, he's five years old and
he's been training with us since three.
Speaker 6 (34:38):
Believe it or not, I know it sounds crazy.
Speaker 8 (34:40):
We have to train two four year olds because that's
how low flat goes now, flag goes down.
Speaker 6 (34:44):
The pre k.
Speaker 3 (34:45):
What people are putting their four year olds.
Speaker 6 (34:47):
It's very introductional.
Speaker 8 (34:49):
But as you know, but they yeah, I mean sports
parents are invested.
Speaker 3 (34:55):
Were your parents pretty invested.
Speaker 8 (34:56):
I'm not gonna lie. I always tell I'm a little
easier on my kids because I say this. I was
born into a football family, sports family, right, so and
I'm the last of three kids.
Speaker 6 (35:05):
So and they all played sports.
Speaker 8 (35:07):
I thank goodness I loved football because if I didn't,
it was you know, I was one of the guys.
We were getting off the bus and the drills were
already set up and it was like, hey, take your
book bag off. Everybody on the bus was like, hey,
he's gonna he's gonna make it. I promise At Lake Magdalen,
I promised.
Speaker 3 (35:19):
It was early, so like at a very young age,
like you were groomed, like you're like, yo.
Speaker 6 (35:26):
No choice, man.
Speaker 8 (35:27):
Everywhere I went, like my baby pictures, I had like
a football just the everyday. I shared my dad name,
so like oh you're so and so son, and we
shared the same name.
Speaker 6 (35:36):
So it's like, oh, you're going to be just like
that just like that. Just like that, everybody kind of
just manifested it for you know, So.
Speaker 3 (35:43):
When did you first play sports? Like, when did you
first play football? Do you remember, like you're five years old,
played on a team?
Speaker 8 (35:48):
No, I really was, And it sounds fake, but I
was training at like three or four years old. Yeah,
literally cones and yeah. So that's why we were going
to start running hills at like six or seven. And
same thing I'm with my sons.
Speaker 6 (36:00):
Yeah. Wow, that's the recipe. If you look at my sister.
Speaker 8 (36:03):
My sister she's all right, so, I mean she's five ten,
about one seventy five. Try to put out I'll show
you to send you over the link to her highlight.
It's crazy. My dad sixty three. I'm sixty three. My
son is freaking tall compared to the other nine year olds.
But like I said, my youngest son, he's five years old.
He's been training for like two years already.
Speaker 6 (36:21):
Dang.
Speaker 3 (36:21):
All right, So so does it? Can anybody go to
Wilder Sports Academy anybody anybody ages fouring up? Ages fouring
up that you're insured. We do even a senior's class.
We haven't filled it out yet, but we are looking
to have like a fifty five and up class you know, everybody.
Sometimes I like to say the classic, I don't like
to say elderly.
Speaker 8 (36:41):
Sometimes they you know what I'm saying. Sometimes the classics
to like to be around other classics, you know, and
I want to kind of create that environment for them
as well. We have all women groups for women who
like to be around all other women. We have the
boot camps for who just wants to be around everybody.
The all kid camps try to create something for everybody.
Speaker 5 (37:00):
I love that, yeah, include everybody.
Speaker 3 (37:02):
Very like, are there hours or anything? Can we just
show up? Should we just go to the website? What
do we do? Yes?
Speaker 8 (37:07):
Okay, you can go to the website www dot wildersports
Academy dot com. You can go to the Facebook, wildersports
Academy dot com, Instagram, wild Sports Academy dot com.
Speaker 6 (37:16):
It worked, Yeah, yeah, it's.
Speaker 8 (37:17):
Wild supposed to gidemy dot com on just about every
link TikTok water supposed to academy dot com as well,
and you'll see our website and our links on there.
You'll see a lot of our videos working with the youth,
the women, everybody.
Speaker 3 (37:28):
And you said, every trainer is a former pro athlete.
Speaker 8 (37:32):
Every trainer besides our boot camp let me. But besides
our boot camp, because they're boot camp trainers, but they
great boot camp trainers, but sports specific trainers, all professional athletes.
Speaker 6 (37:41):
We believe that experience is the best teacher.
Speaker 3 (37:43):
So I love it. Now, you're not doing hockey yet, right, hockey?
Speaker 6 (37:46):
Not hockey yet? Hockey?
Speaker 8 (37:47):
Yeah, hockey trainers, get at me, professional retire hockey trainers.
Speaker 3 (37:50):
Get somebody. Start pouring water on the ground, g us
cold out. It will last this week, this week, we
could last very short about it time, all right, so
anybody can go. We got young kids all the way
up to classics. I had not heard that yet. By
the way, I do reverse mortgages. It's for classics, that's all.
I've never heard that before. All right, So Wilder Sports Academy,
(38:12):
we can check that out. We have about a minute
and a half left. What about this new thing about football?
Speaker 8 (38:16):
Yes, okay, the football. So I partnered up with the
Skills Center. They're over on the Wilder over on Wilder Street.
That is just a sign from God. I don't know
that as just happened to be on Wilder Street. But
they're top of the line. Man it's like the Temple
version of IMG. DIMG is like the Temple version. They
have top of the line everything, but they all have basketball. Okay,
so they I'm using some of their places for classrooms,
(38:37):
and then I just partner up with Angeline. I'm going
to use their eighteen point five million dollar football field.
We're merging it all together to have a football team,
high school and middle school football team for twenty twenty six.
I love this man, and with that we will bring
some of our retired pro players to coach.
Speaker 3 (38:52):
I love it now. Anything else you want to tell
the listeners today?
Speaker 8 (38:55):
Man, it's like I said, it's been a tough season,
but man, go nose. I'm gonna say it now.
Speaker 6 (38:59):
I love you.
Speaker 3 (39:01):
Knows is that we still have a couple of games left, guys.
But wear two games left? Is that right?
Speaker 6 (39:06):
We got to we got to finishing off with the Gators.
Speaker 3 (39:09):
Off with the Gators, guys. We've got to beat the Gators.
That's all we came for. You heard it from James
Wilder Junior. Send anything for James? And how are you
doing well?
Speaker 4 (39:17):
I have so many questions. This always goes by so fast.
So my daughter plays both flag football and basketball.
Speaker 3 (39:22):
Nice.
Speaker 4 (39:23):
Yeah, and you know we're always looking up the training
and things like that. She has amazing coaches as it is,
but I've got lots to talk to you about.
Speaker 6 (39:30):
Yes, let's do it.
Speaker 3 (39:30):
There we go and like like James just said, you'd
got to start him early. He said you got to
start him early, and he gave a little special message
for my son who's a hockey player. Don't stop being
lazy because I was staking practice. That's right. Come on,
we need more practice out of you guys. James, thank
you so much for joining the business happening.
Speaker 6 (39:44):
Thanks for having me and having me on the platform.
Speaker 2 (39:46):
Man.
Speaker 6 (39:46):
Shout out to the Lincoln Nding Group and then shogn
up to Frank de Bank.
Speaker 3 (39:49):
Thank you man, thanks for coming on. Absolutely ye and
we'll have you back on later, hopefully after we beat
the Gators. We can do that. We veterans, Happy Veterans Day,
Thank you for your service. Lincoln Lending Group and Maharan
Associates were out
Welcome to the Business Happy Hour radio show with your host,
Frank de Bankkodo, the owner of Lincoln Lending Group right
here in Tampa Bay for twenty three years, joined by
his incredible co host, Senya Akishana, realtor with Mahara and.
Speaker 2 (00:15):
Associates, Tampa's top real estate company.
Speaker 1 (00:18):
Together, they have helped finance and close nearly one billion
dollars of real estate every year.
Speaker 2 (00:23):
If you're looking for local mortgage or real estate advice.
Speaker 1 (00:26):
The Business Happy Hour team has been right here on
news radio WFLA for over a decade. Listen right here.
Speaker 2 (00:32):
Or find us on the Business Happy Hour YouTube channel.
Speaker 1 (00:35):
Or follow us on Instagram at Frank Thebankkodo. Now, sit back, relax,
and get ready for some serious mortgage, real estate and
business talk with two of Tampa's top experts.
Speaker 2 (00:45):
Here's Frank the Bank and Sennia.
Speaker 3 (00:47):
Hey Tampa Bay, Welcome back to the Business Happy Hour,
your number one show for all things business and entrepreneurial.
I am the host, Frank the Bank Coodo in studio
with my amazing co host, Sennia Akishaa.
Speaker 4 (00:59):
How you doing I'm doing great? Hello, Frank the Bank.
Welcome to our guest.
Speaker 3 (01:04):
Are you freezing? Are you cold? Not in here?
Speaker 4 (01:08):
But I walked outside, I'm like, oh, I better put
on something warm.
Speaker 3 (01:11):
Yeah, and you go in the shade and it's like
really cold out there. So I think we woke up.
They said the airport this morning it was thirty nine
degrees here in Tampa Bay. That's pretty cold.
Speaker 5 (01:23):
Yeah, it's crazy how happens.
Speaker 4 (01:24):
So this weekend was so warm, I'm like, yeah, right,
is it really going to get that cold?
Speaker 5 (01:27):
No, here it is.
Speaker 3 (01:29):
I was up in my hunting farm in North Florida
over the weekend and it was hot, like we were
in shorts and t shirts on Saturday, and then Sunday
got a little cool in the evening. We woke up
on Monday morning and do one more hunt and went
out into the barn and normally it's kind of warm
and I'm sitting there and I forgot my gloves. I
left everything in Tampa. Luckily I had a little thing
(01:50):
of handwarmers. Oh my god, my son and I were freezing.
The wind was whipped. How bad was the wind too?
It was like thirty miles an hour yesterday.
Speaker 5 (01:58):
I wasn't out hunting.
Speaker 3 (02:00):
That's a good point. Well, I guess you were just
in the warmth of your house yesterday. Yeah, man, it
was fun. So a good morning to all you hunters
listening on early morning on nine to seventies Sunday in
the Sunday morning. If you're a hunter, if you're a fisherman,
this is the season. This is why you live in
Florida for this weather. If you're a snowbird, welcome back.
We know you guys are all coming down right now,
(02:22):
you guys. I see these snowbirds. You know how you
can tell it's a snowbird. You see what they're wearing
when it's called They're in flip flops and T shirts.
You got like James over here, he's bundled. He's got
like three shirts on. You've got a what what Look
what he's got that slides with the socks. That's right.
So if you guys don't know who James Wilder Junior is,
(02:43):
you are in for a treat today. This is a
local tampanion. The guy's a football star Florida State CFL.
Comes from an NFL family with his dad being a
buccaneer as well. So we're gonna meet James today. He's
a good friend of Lincoln Lending Groups and of Frank
the Bank here to be talking a little bit about
James the story. What are you talking about the Wilder
Sports Academy. Uh, you got it. You don't know what
(03:06):
it is, but you're gonna know what it is today.
I want you to go to Wilder Sports a w
I L D E R. By the way, Wildersports Academy
dot com. Or you can find them on Instagram, Facebook, MySpace,
Courier Pigeons, you can find them everywhere. They fly Wilder
Sports Academy. You see that shirt right there checking out.
James is gonna tell us what is that? But before
we get to that, we're gonna learn about We got
a lot of exciting stuff today. Said so we've uh,
(03:28):
we walked in. We're just gonna talk to James. But
Sandya's like, Frank, how about fifty year mortgages? Right? It's
Veterans Day? How to about veterans loans?
Speaker 6 (03:36):
Right?
Speaker 3 (03:36):
What are we gonna do with that? It's freezing, We're
gonna talk about that. We're gonna talk about the VA
guarantee at Lincoln Lenning Group. If you're a veteran, you
don't want to miss that We're gonna get into that
before the end of the first segment, along with the
little stats, and then when we get into the second segment,
we're gonna learn about James Wilder Junior. Where did he
where did he grow up? How did he get into football?
What do you kids gotta do? Maybe you're some of
(03:57):
the boys right now at Jesuit because you guys have
school today. I know I had to drop my son off,
So maybe you guys are checking it out today. You're
gonna find out what does it take to be a winner,
whether it's mortgages, whether it's real estate, or whether it's football.
You're gonna find out what it takes to be a
winner on today's show. The business happy are. So with
all that, let's get started. Let's see we're gonna go
(04:18):
first today. How about let's send let's talk about the
real estate market a little bit. And James, by the way,
chime in. You're you're not just a guest on the show.
You're a guest host. So even if you disagree with us,
you're welcome to say it. I gotcha, got most people
agree right. But last week, by the way, we had
a great gold Star family on last week, that with
that show, I think today's gonna be a little different show.
(04:39):
It's gonna be a more little lighthearted today. Last week
we were sending at least me, I couldn't hold it
because we found out he lost his son and his
son's name was Frankie, and they like halfway through the story,
I'm like, oh gosh, I was like, this is bad.
So he's gonna Craig's gonna come visit us tomorrow at
Mission Barbecue. So that's gonna be awesome. He's doing a
little something special for us. But Sen, how you been,
how are the real estate staff? What's going on in
(05:01):
the market right now? Then we can get into mortgages
and rates and all that.
Speaker 5 (05:05):
That sounds good.
Speaker 4 (05:06):
Well for September, So as we've been talking, you know,
we definitely had you know, an uptick in a closed
sales volume, so that's good.
Speaker 6 (05:12):
Good.
Speaker 5 (05:13):
It means more activity.
Speaker 4 (05:15):
But in general, I mean no huge shifts. But you
know what I've had a lot of clients asking me lately,
is are we kind of through that you know correction period?
Speaker 3 (05:24):
Okay?
Speaker 5 (05:25):
You know, who knows?
Speaker 4 (05:26):
Really I kind of feel like even the correction period
that you know, we were all expecting to have. Sure,
you know, things have slowed down a bit, you know,
not as many closings happening, But I don't think the
price is shifted as much as we all anticipated.
Speaker 3 (05:40):
And by correction, you're talking about what people are kind
of expecting to see prices drop considerably. Is that what
you're you were saying?
Speaker 4 (05:46):
Yeah, I mean I had clients, you know, a year
two years ago. Oh it's going to crash. You know,
prices are going to go down so much, and you
know we didn't really see too much of that.
Speaker 3 (05:57):
How much do you if you were to throw it,
I hate to put you on the spot, but if
you were to throw a number at it and say,
prices have dropped by this percentage over the last year
or two, is there a number? What do you think?
Speaker 5 (06:09):
I mean if you bundle it, you know, and every
month is different.
Speaker 4 (06:12):
So my stats are, you know, year over year, So
I guess take for example, in Hillsborough County for September
year over year, it was up by point four percent. Whoa,
I mean it's nothing major, but I mean, yeah, just
across the board, we haven't seen like any huge fluctuations.
Speaker 3 (06:27):
Wow, howbout Panella's County. Where were they? I mean they
had to be down a little.
Speaker 4 (06:31):
Bit, right, Panella's was down a little bit two point
three percent.
Speaker 3 (06:34):
So okay, So when we talk about percent two point three,
what are people asking for in closing costs these days
when they're doing offers.
Speaker 4 (06:41):
Well, that's the part where we're saying, go buy now, right,
these are the numbers that are they don't get factored in. Right,
So say you know, house is listed for five hundred,
you get a deal at the four ninety. What the
regular consumer is not going to see that that buyer
also got an additional you know, fifteen twenty thousand dollars
and concessions from the seller, whether it's for you know,
rate by downs or just a closing costs, sure closing costs.
(07:03):
You know, oh I've got you know, you'll need to
replace here's you know, five grand for that.
Speaker 3 (07:07):
But yeah, so that doesn't show a little bit of
that correction.
Speaker 5 (07:10):
It doesn't show that now.
Speaker 3 (07:12):
But overall, what I'm what I'm really focused here on
is that people were looking for this correction and you
just kind of burst the bubble right there, and you're like, guys,
it didn't correct. It actually went on.
Speaker 5 (07:21):
I mean hopefully corrected a little bit.
Speaker 4 (07:22):
You know, I think from the frenzy of what we
were seeing with like zero inventory and you know, every
house getting you know, multiple offers and people going way
above you know, fifty thousand dollars more than ask price. Like,
I think the correction itself has you know, happened where
things you know aren't crazy like that. There's some you know,
negotiating power, but in general, you know, prices went down
(07:45):
a bit.
Speaker 3 (07:45):
Yeah, and I and I, you know, I think we
have some exciting stuff coming here, James. We're going to
get into that here in just a minute. James over smile.
He was messing around with a camera. He's like, forget
this stupid thing that break had attached over there. He's like,
I'm going to get this other one where you look
good either way, James going appreciate you look good, you
sound good. This guy's note is not shy to the camera,
by the way, absolutely not never. What else? What else
(08:07):
do we want to talk about in stats?
Speaker 4 (08:09):
Well, I mean I think the main point is that
I think, you know what's been happening with interest rates,
you know, the lower that those are going to go,
I mean, we are going to have those buyers that
have been sitting on the sidelines come back right right,
you know when that happens, you know, and the activity
really starts, you know, getting spurred again. This is the
time to buy now. It is getting the deal, negotiate.
Speaker 7 (08:30):
I mean, we're still a lot higher during you know,
the pandemic years, but still like for single family homes
in Hillsboro, it's you know, four months Panela's four point two,
pass go three point eight.
Speaker 5 (08:41):
You know overall it's.
Speaker 3 (08:42):
Like four yeah, so we're still low on the inventory.
We're still low.
Speaker 4 (08:46):
So that's why I think, you know, if people don't
act now, I have had more listening calls. I will
say that there are you know, sellers that are finally ready. Okay,
I'll put my house in the market. Someone will wait
till the new year to kind of see, you know,
how things shakeout.
Speaker 3 (09:00):
We can only wait so long.
Speaker 4 (09:01):
You can only wait so long. And I think if
you are buying, start the process.
Speaker 3 (09:05):
Now, right, good good advice all Frank.
Speaker 5 (09:08):
You know, rates are tell me about rae.
Speaker 3 (09:10):
Well you heard the little little thing in news. I'll
tell you know what we'll talk. Let's talk rates for
veterans first, sure, since it's Jane. Do you have any
veterans in your family?
Speaker 6 (09:20):
Yes, yes, yes, Larry Blue, Larry Blue, shout.
Speaker 3 (09:22):
Out, shout out to Larry. What did Larry do? Is
a Marine Air Force.
Speaker 8 (09:25):
He's been in an Air force since he's since I
wasn't like elementary.
Speaker 3 (09:29):
So he's a lifer.
Speaker 6 (09:30):
Yeah, life all right, man, it's high school. Fresh out
of high school.
Speaker 3 (09:33):
Well, Happy Veterans Day, Larry Blue, you get it. You
get a special shout out today. I want to say
a Happy Veterans Day to my dad up there in
heaven and to all the veterans who gave it all.
Thank you for what you guys have done, and for
all you veterans listening to the show. Right now, let's
talk rates, and let's talk what Lincoln Lennin can do
for veterans. Right now, Sin, what do you think about
the VA loan compared to conventional and faha, do you
(09:55):
have any opinions on it?
Speaker 5 (09:56):
I mean, I think it's great.
Speaker 3 (09:58):
I love that.
Speaker 5 (09:59):
I wish I was a psych could get a VA loan.
Speaker 6 (10:01):
Right.
Speaker 3 (10:02):
So the reason I asked you that question is because
a lot of I find a lot of real estate
agents are ill informed about the VA loan and they
think that it's a harder loan. And if they have
a VA offer and a conventional offer, I feel a
lot of times they're going to go with the conventional offer, right,
And I want to dispel that myth in that rumor
right here on Veterans Day is that the VA loan
is the loan that you should choose. If you're a
listing agent or if you're a seller, you want the
(10:23):
veteran a They literally risk everything for you, right in
your family. So let's say you don't care about that
all right, Let's say you're a cold hearted snake and
you just don't care that they that they went out
there and fought for you. Let's say we're just going
off the math. Well here, you didn't know this, but
a VA loan with Lincoln Lending Group has no minimum
credit score and no maximum debt ratio. So what happens
(10:45):
when that buyer goes out and does some dumb stuff right,
screws up his credit in the middle of the transaction,
goes out and buys a car or a piece of furniture,
getting ready to own that house and have that garage.
He screws up his debt ratio. Well, if you are
in a VA loan, you likely with Lincoln Lending Group
can still stay in underwriting and stay approved. In most cases,
the conventional guy has to have a six to twenty
(11:06):
credit score and he has to have a debt ratio
under forty five or fifty percent, so there is no
wiggle room. So next time you're out there you're a
real estate agent or you're a seller and you're considering
which offered to take, I don't care if the conventional
guy's putting thirty percent down, right, they still can get
screwed by screwing up their credit or their debt ratio.
Where the VA loan you can put one hundred percent.
(11:27):
I'm sorry, get one hundred percent financing, no money down,
have no max debt ratio, no minimum credit score. You
got to go to contact frankdbank dot com to talk
to me about it or text me. I always put
my cell phone number in all the descriptions, but contact
frankdbank dot com will bring you right to me and
you can get approved for this VA loan. When we
get back from the break, we're going to real quick
talk about the VA guarantee and then send out a
question about long term mortgage mortgages that just came up
(11:50):
this weekend, something very interesting. If you've ever heard of
a fifty year mortgage, I haven't, but we're going to
talk about it in just a minute with James Wilder Junior,
Sennya Akeisha from Maharran Associates, and Frank the Bank. Stay tuned,
we'll be back in just a minute.
Speaker 1 (12:03):
All the best mortgage or real estate advice from Tampa
Bay's top experts. It's the Business Happy Hour with Frank, Debankkodo,
and Sennia.
Speaker 3 (12:12):
All right, Tampa Bay, welcome back to the Business Happy Hour.
You're number one show for all things business and entrepreneurial
in studio with James Wilder Junior, Florida State Champion, CFL champion,
just a great guy all around, and he's just opening
the Wilder Sports Academy. We're gonna plug that again. We're
gonna find out what the Wilder Sports Academy does a
little later in the show. Matter of fact, James just
(12:32):
put out there if you guys got any questions, hit
us up on Instagram. We hardly ever do that, but
you guys are welcome to ask questions about what we're
talking about or just something in general. You know, Sendia
does real estate over at mahar And Associates. You can
call her at eight one three seven, that's it, seven
five to five reel, or you can go to contact
Frankdbank dot com, or you can visit Wilder Sports Academy.
We've got a lot of things going on today. Let's
(12:53):
get back into the VA loans since its Veterans Day.
Then I know you have a quick question about crazy
mortgage products and terms, and then we're gonna learn who
James Wilder Junior is and what's he doing with the
Wilder Sports Academy. Get ready for that. So VA loans
you just mentioned in the break you said you never
thought about it like that as a as a real estate.
Speaker 5 (13:13):
I haven't thought about it like that.
Speaker 4 (13:15):
So no, it's a very good point that you know,
there's just a lot more flexibility with your veterans loans,
not as strict, so if they do mess something up,
you could still probably save them and get the deal done.
Speaker 3 (13:25):
Yeah, and sadly, you know, I can't use the word
I want to use on the radio, but what a
buyer sometimes do in the middle of transact actions stupid stuff.
Speaker 5 (13:33):
Right, stupid stuff. That's a good way to put it right.
Speaker 3 (13:36):
Don't buy a car, don't screw up your credit. In
the middle of a mortgage transaction, had a lady called me.
She's a middle of her loan. The other day she goes,
I want to quit my job and take this other job.
I was like, When she's like, like, now, I go, man,
we're closing in seven days, I was like, can you
She's like, I hate my job. Can you hate it
for like in seven or eight days instead of now?
You know?
Speaker 9 (13:56):
Please?
Speaker 3 (13:56):
Anyway, So that's all this good advice. So I'll talk
real fast because I want to get in with James.
I know you have a question about terms. It's it's
Veterans Day. We have a VA guarantee.
Speaker 6 (14:06):
All right.
Speaker 3 (14:06):
We did this in honor my father, uh silver Star,
purple Heart, Frank Coto Senior. We created the VIA guarantee
any VA loan two hundred and fifty thousand and up.
I will beat the written estimate. You have to provide
us with a written estimate. You can text it to
me at eight one to three, seven sixty five twelve
thirty nine. That's seven sixty five twelve thirty nine. Tell
(14:26):
me what credit score the other lender got on you
and text me the estimate. I will send it to
my team and in less than an hour we will
provide you with a written estimate and we will beat
rate and cost. And you asked what the rates were earlier. Today,
here we go. I'm now I'm supposed to give like
aprs and all this, so I'm going to say it
differently so that we don't have to follow all these
crazy rules. We can lock you under five point two
(14:49):
six percent on a VA loan, under five point twenty
six percent, that might cost you a little bit, or
if you don't want to pay the VA guarantee. We
did this morning for somebody was at a a rate
just under five point five percent, just under five point
five percent, and it didn't cost that veteran anything on
a three hundred and fifty thousand dollars loan, no points,
that is. And another guy with a six fifteen credit
(15:13):
score got a rate just under five point seven seven percent.
Five point side was under five point seven seven. You
do the math and figure out what Rady got, But
it was under five point seven to seven and he
paid zero origination fees, zero underwriting fees, and has an
amazing rate. So people think the rates are not good,
they're wrong, especially for veterans, and we will beat that.
Written estimate. Contact frankdbank dot com or text me directly
(15:36):
and send the estimate and we will take care of
you veterans on Veterans Day.
Speaker 5 (15:39):
All those scenarios are under six percent.
Speaker 4 (15:41):
Like I think, if you were to look, you know,
on you know, Google or wherever else, I don't think
I see anything that's under six That's part of.
Speaker 3 (15:48):
The problem is you google it and then they show
these rates are in the sixes and sevens, and that's
what keeps people on the fence. So, speaking of people
trying to get off the fence, what was the news
you saw this week about mortgage terms?
Speaker 4 (16:01):
So yes, I guess our President Trump announced. Well, I
think the conversation starting about fifty year mortgages.
Speaker 3 (16:09):
Fifty years James, are you fifty years old? I know, yeah,
you're doing good on the hair. I think you're gonna
be just fine on the hair.
Speaker 6 (16:18):
I don't know.
Speaker 3 (16:19):
I think you know, I made it in the mid
forties and I still got it, So I think I'm
gonna be okay fifty year mortgages. So yes, Trump floated
fifty year mortgages, and then the guy who was in
charge of like housing or whatever and the Federal Housing
Administration something like that, chimed in and said, yes, it's true,
they're considering it and they're working on it. So immediately
the internet went on a buzz, a negative buzz about
(16:40):
fifty year mortgages. So I wanted to speak out, and
I'm going to do a video when we're done with
the radio show, and I'm gonna speak very specifically to
fifty year mortgages. But I did some research. I already
knew the answer, but I did some research to find
out that is a fifty year mortgage good or bad?
And where I started the research was what do Americans
already do? Right? And here's a couple key statistics. All right,
(17:03):
how many people do you think I'm asked James this.
Then I'm gonna go to you. How many people do
you think take out a thirty year loan and keep
that loan for thirty years and pay it off? How many?
What percent of Americans do you think do that? Take
out a thirty year mortgage, don't REFI don't sell it,
(17:24):
keep it thirty years and pay it off. What percentage
of America does that, that's a good guess. The answer
is less than five closer to three percent.
Speaker 4 (17:35):
Yeah, I was gonna say, I like, it's got to
be so small because I mean, it just it doesn't
happen even statistically if people move, you know, every seven year. Sure,
unless you're Okay, this is the house I'm going to
retire in. Yeah, but I mean most people don't even
with Yeah, the thirty year mortgage, you just threw out.
Speaker 3 (17:51):
Their seven years. You just pulled that because you're an
experienced real estate agent. You said people move every seven years.
The stat right next to this says the average life
of a thirty year mortgage in the United States is
seven years, driven by rates, home sales, refinances, earlier payoffs.
Few loans survived to maturity without intervention. Right, So, all
the negative publicity on the fifty year mortgages, Oh my god,
(18:15):
people are gonna get a mortgage. They're not gonna They're
never gonna own their home. They're gonna get it when
they're thirty, and they're gonna they're gonna die at seventy
eight and they're never even paid off their home. You know,
they got to live to eighty. It doesn't happen. Statistically,
it doesn't.
Speaker 4 (18:27):
I don't get the negative buzz because I'm like, all right,
even thirty, I mean it doesn't seem like that huge
of a hop really, no, thirty fifty. I mean it's
a long time, and most people do not. They don't
keep that same mortgage without doing something to it for you.
Speaker 3 (18:39):
Know, so what does it do?
Speaker 6 (18:40):
Right?
Speaker 3 (18:41):
Mathematically? I ran the math to tell people real numbers here.
So let's say you have a five hundred thousand dollars
mortgage at six percent interest. All right, that's high. We're lower.
I just told you we're lower than that. But let's
just go high. Right, Your payment would be about three
thousand a month, right, principal and interest on a half
a million at six percent. Now push that thirty year
mortgage out to a fifty year mortgage. Your payment goes
(19:02):
down by about two hundred and seventy dollars a month,
So it is pretty considerable on the Oh wait, hold
on six seveny No, no, sorry, three hundred and seventy
dollars a month. I was wrong about that. Three hundred
and seventy dollars a month. That's significant.
Speaker 5 (19:16):
That's significant.
Speaker 3 (19:18):
So like James, if you're looking at a house and
you're like, hey, I could take this mortgage or this one,
knowing you're probably not paying either one of them off
over the urn, would you take the fifty you would?
He'd take the fifty cents, right, because you can refinance it,
you can sell it, you can move into something else. Hell,
you can change it to a ten year mortgage if
you want. If you're like, you know what, I'm really
gonna keep this house? Yeah, right, you can get into it. Now.
Speaker 4 (19:39):
A lot of people would Frank like, I mean the
issue is affordability, right, yes, And I mean if that
would make something more affordable. So many people would just
love to get into a house, right, you know, And
it really does come down to the monthly mortgage payment.
They're not thinking about, you know, fifty years down the road,
thirty years down the road. It's hey, I need a
house today. Yes, I want to buy a house. And
I mean, if that's what would make that attainable for them,
(20:01):
that's right. I don't see the issue.
Speaker 3 (20:03):
Affordability is a key and that's what they're doing. And
that is my spiel. The segment is over. We'll talk
to you guys, when we get back with James Wilder
Junior and more on fifty year mortgages.
Speaker 1 (20:12):
Welcome to the Business Happy Hour radio show with your host,
Frank Debank Coodo, the owner of Lincoln Lending Group right
here in Tampa Bay for twenty three years, joined by
his incredible co host, Senia Akishana, realtor with Mahara and.
Speaker 2 (20:26):
Associates, Tampa's top real estate company.
Speaker 1 (20:29):
Together they have helped finance and clothes nearly one billion
dollars of real estate every year.
Speaker 2 (20:34):
If you're looking for local mortgage or real estate advice.
Speaker 1 (20:37):
The Business Happy Hour team has been right here on
news radio WFLA for over a decade.
Speaker 2 (20:42):
Listen right here, or find.
Speaker 1 (20:43):
Us on the Business Happy Hour YouTube channel, or follow
us on Instagram at Frank Debankkodo. Now, sit back, relax,
and get ready for some serious mortgage, real estate and
business talk with two of Tampa's top experts.
Speaker 2 (20:56):
Here's Frank de Bank and Senia.
Speaker 3 (20:58):
All right, Tampa Bay, welcome back to the Business Happy Here.
We're having a lot of fun here on Veterans Day.
Did you know that today is eleven eleven? What does
that mean? Do we get like a free slurpee or something.
I know my kids always message seven eleven, go get
your slurpeye Dad? Oh man, these kids. James Wilder Junior,
Welcome to the Business Happy Hour. How are you man?
Speaker 6 (21:16):
I'm doing great. Thanks for having me.
Speaker 3 (21:17):
Yeah.
Speaker 6 (21:17):
Yeah.
Speaker 3 (21:18):
We get to hang out every once in a while.
You come over to the office. We shot some videos.
I said, Man, you're doing the Wilder Sports Academy. We've
got to get you on the show. Like any of
our guests, I want you to tell a little bit.
We don't want to take too long, but I want
to know what makes James Wilder tick. You know, I
know you as a Florida State champion. My wife and
I went to Florida State, so we knew that we
watched you on the field. Go knows which this year
(21:39):
we started. Let's not talk about what happened this year.
Let's just talk about the Alabama game. That's what we're
h It was a great game. But James, tell us
a little bit about you. Where'd you come from? I
know you grew up in a football family. I'd like
to know what it took to become James Wilder. And
then by the next segment, we're going to talk all
about Wilder Sports Academy.
Speaker 6 (21:55):
Yes, yes, the Wilder name.
Speaker 8 (21:57):
If you're from Tample and you're older than thirty three,
which is that's my age, you made her with the
Wilder name.
Speaker 6 (22:02):
In the eighties.
Speaker 8 (22:03):
My father played for the Tempa Bay Buccaneers in the eighties.
He holds the Russian record. He holds the Russian record.
Speaker 3 (22:08):
And oh, we got a limp.
Speaker 6 (22:12):
Mikes. There I go like that.
Speaker 3 (22:15):
Please back, come on, Mike, work.
Speaker 6 (22:16):
There we go, there we go.
Speaker 3 (22:17):
All right, we're gonna get it to work. Here, James, James,
Mike is falling apart over here, look like.
Speaker 6 (22:22):
A rookie over here. All right, there we go back
to James. Yeah, no, so okay, I'm James Waller Junior.
My father.
Speaker 8 (22:26):
In nineteen eighties he played for the Temper Bay Buccaneers.
James Wilder Senior. He's the all time rusher for the
Tempa Bay Buccaneers.
Speaker 3 (22:34):
Yeah.
Speaker 6 (22:34):
My mom was a buck's.
Speaker 8 (22:35):
Wife, a buck's wife, that the head buck's wife or
nineteen eighty one or I'm sorry, nineteen eighty three through
nineteen eighty seven.
Speaker 3 (22:43):
All right.
Speaker 8 (22:44):
My sister she played for the Tempa Bay Breeze. Here
the professional football team here.
Speaker 6 (22:49):
Yeah, I know that. Yeah, oh man, her highlight is crazy.
And then I'm the youngest.
Speaker 8 (22:53):
I'm the youngest, So I had some big shoes of
field and I played for Florida State. Went to Plant
by ESPN ranked the number one athlete in the nation,
went to Florida State, won the national championship.
Speaker 3 (23:02):
Knows what year did you win that championship?
Speaker 6 (23:04):
Thirteen thirteen season?
Speaker 8 (23:06):
Thirteen season, Jameis Winston got the Heisman that year, beautiful season.
Two years with the Bengals, one year with the Bills,
seven years with the CFL. Won a great cup up there,
Rookard of the Year up there, and that's the season.
Now I'm back, I'm retired. I'm here to pass the
gyms back down to our youth here in the community
here in the Tampa Bay area and help them get
to their dreams.
Speaker 3 (23:27):
That was a really fast story, right, You did grow
up here? Would you go to like would you go
to elementary school and middle Yeah?
Speaker 8 (23:33):
Yeah, man, I was so a Lake Magdalen, Carroll Wood,
And then for middle school, I went up to Michigan
and came back, went to Martinez and Loots High School,
went to Chamberlain and Plant high school.
Speaker 3 (23:45):
Explain that Chamberlain Plant thing. How did you go from that?
I go from the Chiefs to the Plant?
Speaker 6 (23:49):
You feel me? Yeah, I know the storm Now I
think they're story I know, I know, I know. That's
what I say too. But yeah, no, Billy Turner.
Speaker 8 (24:00):
Billy Turner was a legendary coach and he coached my
brother in for the Chamberlain and he coached my sister,
used to chain my sister for basketball, and he was
just a legend. And my dad wanted me to play
for him so that he retired. He happened to retire,
he got I got a little sick, and he retired
my second year, my sophomore year. So after that he
was like, hey, I want to help you get somewhere
where I know you'll be in good hands with some
(24:21):
great coaches.
Speaker 6 (24:22):
And that's where I brought you to Plant.
Speaker 3 (24:25):
Did you play against Jesuit when you were a playing
I never got to play against I never got to
play against thou with No. Okay, that's why I went
to school. So that's the only time.
Speaker 6 (24:33):
Between between those schools. It just can't be Robinson, I
love it all right.
Speaker 3 (24:41):
So all right, so we know you had a great
career at Florida State, played a little in the NFL
and then and then you had Rookie of the Year
and the CEE IF What was it like playing in Canada.
What's the difference in Canadian football and US football?
Speaker 6 (24:52):
Man?
Speaker 8 (24:52):
Like you see me in flip flops now, I mean
I kind of adapted to it a little bit. No, Honestly,
I went up to Buffalo after Florida State. First of all,
I never played in snow, so I played. I played
at Florida State and I went to Buffalo. That was cold,
Cincinnati was cold. I was like, I need to get.
Speaker 6 (25:06):
Back down to Miami or Tampa Bays, you know. But
Canada was a little different, abously.
Speaker 8 (25:10):
You know, the rules are a little different, the field
is different, the field goals in the front, and there
was a few different rules. So for me, I didn't
know anything about Canada or the CFL. You know, I
was still, yeah, I'm still learning a little bit about
Canada itself. You know.
Speaker 6 (25:23):
Don't let them know that.
Speaker 8 (25:24):
But for myself, I you know, I just wanted to
prove to get back into the NFL, honestly, And I
told I remember telling my agent. I was like, man,
I don't know anything about the CFL, but it has
to be Toronto because I'm at least going to get
the experience.
Speaker 6 (25:36):
It worked out. We want a great Cup our first year.
I won Rookie of the Year our first year.
Speaker 8 (25:40):
Man, and I was like literally days and weeks from
just getting ready to leave. Coach Mark Tressman. Shout out
to Mark Trestman. He coached my dad for the Tempa
Bay Buccaneers and he was coaching me in Toronto.
Speaker 6 (25:50):
He was the head coach.
Speaker 8 (25:51):
He won Coach of the Year that same year I
won Rookie of the Year and he I was like, coach,
this isn't working out for me.
Speaker 6 (25:57):
I was like third stream running back.
Speaker 8 (25:58):
I was like, man, at this point, you know I
got you know, I got my kiddies back home.
Speaker 6 (26:01):
Man, it might be best to get the job at
this point. Rookie year.
Speaker 8 (26:03):
When when you're a rookie in the CFL at that time,
it was like fifty six thousand dollars and that was
like c A D so USD is like that's before taxes,
so you do the math.
Speaker 6 (26:12):
It's like McDonald's in America. And I was like, yeah, I.
Speaker 8 (26:15):
Was like my trustman, I love the dream. But man,
I'm not playing in I'm just this is this is tough. Yeah,
and he was like, just stick it through, stick it through.
And he called me. I was like, hey, we're gonna
give him a chance to start. He was like, he
thinks he can start, Let's see what he does. First
game had like almost three hundred yards and then who
the week after that he wanted to keep me home
and he was like, man, just let's see what he
can do. Is see if can keep going a second
(26:35):
game over three hundred yards again, and it was just
it was just on from there. I just I kind
of kind of refound myself and now.
Speaker 3 (26:41):
You get to renegotiate the contract.
Speaker 6 (26:43):
To that No.
Speaker 8 (26:43):
Oh after that year. Immediately after that year, I was like, hey,
this is this isn't work. He used to be the
best CFL player in My stats are higher than his.
I need to be up there. And he showed love.
He showed love to Jim Pop the gym at the job.
Speaker 3 (26:55):
Your job. You're like, listen, we can add a zero here.
Speaker 6 (26:59):
The yeah, you I do that.
Speaker 3 (27:00):
Next guy, call me, I do math. I'm going there
and I be like, nah, this isn't gonna work.
Speaker 6 (27:06):
But I will say, just to mix in these stories.
Speaker 8 (27:08):
This gets me excited because I've been traveling and bouncing
around for my career and I'm just getting back retiring
from Canada, so of me getting ready to be a
first time homeowner, and I'm hearing these fifty year loans.
Speaker 3 (27:19):
And yeah, is it interesting?
Speaker 6 (27:21):
It is? It is. I'm sitting back just listening.
Speaker 3 (27:23):
It is. Yeah. See, and you you know, you're just
kind of a regular guy, and you're saying, hey, I'm
gonna buy you hear this fifty years and all of
a sudden you get a little excited about it. Right,
And that Senia, that that is the whole point yep, Right,
is you're creating a buzz and you're creating affordability. And
I think we're going, like I said on the previous second,
I think we're gonna see rates drop. And if you
(27:44):
couple that with a fifty year mortgage, it's it's borderline.
Remember the interest only loans. Right, People are like, oh,
it's so bad. It's interest only, you know, guys, And listen,
I'm gonna talk kind of mean for a second. It's
called financial discipline. Right. I had a breakfast with a
real estate agent today, and that's exactly what we're talking about.
She's like people, in order to pay off your house,
you have to have financial discipline.
Speaker 6 (28:06):
Right.
Speaker 3 (28:07):
You have to either force yourself by putting yourself on
a specific term or you have to throw money at it.
When you read the stats right here, it tells you
the actual stats explain one hundred percent that people pay
their mortgages off directly, like they don't take them to term.
So you have to have discipline to do it. So
fifty year mortgage, my opinion, great thing are they released yet?
Speaker 1 (28:30):
No?
Speaker 3 (28:30):
Actually funny?
Speaker 5 (28:31):
So ay the chances that this is gonna come to fruition?
Speaker 3 (28:34):
Well, I'll say it the way I say everything about
Donald Trump, right this guy. And I said this in
front of a freaking whole crowd of real estate agents recently.
I said, listen, have you ever known the man to
say he's going to do something? He doesn't do it?
Like that's all I have to say, right, And it's
a smart move because he can't he can't super easily
control the rates. Yeah, he can tell the Fed what
(28:54):
he wants them to do. Yeah, he can make recommendations,
but the president doesn't control the interest rates. Has to
do things to make the market move. What he can
do is what Obama did, and I actually, this is
one thing I really liked about Obama. He did the
eight thousand dollars first time home buyer credit, and James,
I know you'd love that.
Speaker 9 (29:13):
You know, imagine he's like, that's why I got trying
to get to Miami, but nosed that eight thousand helps.
Speaker 3 (29:23):
And what he literally did was if you bought a house,
he literally they didn't write your check. They give you
an eight thousand dollars credit off your taxes. So if
you didn't owe the irs money, they actually sent you
a check.
Speaker 6 (29:32):
Right.
Speaker 3 (29:32):
That spurred the crap out of market. So he didn't
change rates, he gave a little something back. That's what
Trump's doing. Now. Trump's going to push the monetary policy
to get the rates down to right. He's not Remember
people don't forget. Trump wasn't never a politician. He was
a real estate mogul. He grew up in the real
estate world. So if the guy's going to do anything
to help America, it's probably gonna be through real estate. Somehow,
(29:54):
we got to give them a little time, so fifty
year mortgages. James is excided I'm excited sending his excit.
By the way, side note, it's not out yet. I
did have a real estate agent when I was walking
up into the building and say, hey, can can can
lisey con Jessica somebody preproved yesterday Conjessica qualified for the
fifty year mortgage. No, because there is no fifty year mortgage, right,
(30:16):
But it's a great idea.
Speaker 4 (30:17):
The buzz is exciting, and I really do hope Okay,
even if not fifty, maybe it'll end up at forty
and like whatever, I mean, anything will halp.
Speaker 3 (30:24):
Yes it will. And I said it last week or
not last year. Last year, I said, if they would
just do a longer term mortgage, that could fix the problem, right,
And that's what we're doing. Fifty year moreage. So fifty
year mortgages on five hundred thousand save you about three
hundred and seventy dollars a month, pretty significance, like thirteen
percent or so on your payment. It's supposedly going to
(30:45):
be a regular conventional mortgage. And we do support this idea.
And by the way, rates for veterans are in the
fives right now, you're not in the sixes. You can
be in the low fives with good credentials and a
little fee. You can be in the high fives with
no fees right now on a one hundred percent loan
for our veterans. It is Veterans Day. I want to
thank all you veterans for everything you've done for us.
Again from Mahard Associates. Send from Lincoln Linen Group, from
(31:07):
Wilder Sports Academy. We do support our veterans one hundred percent.
We're going to take a break. When we get back,
we're going to talk all about Wilder Sports Academy. How
do you find it? Where do you go? Is it
on Wilder Street? That's a clue. It might be on
Wilder Street here and Dampa And no, James did not
have that street named after himself. Before we leave Senia.
If you have real estate questions, because we know it's
time to buy. We know the market is not down,
(31:29):
it's technically up. How do they reach you? Send?
Speaker 4 (31:31):
They can call me at eight one three seven five
five real or go to Tampa real Estate dot pro.
Speaker 3 (31:36):
Tampa real Estate dot pro. You guys found it. By
the way, there's a new listing in my neighborhood. From
Maharran associates. Did you hear about that one? You want
a big five thousand square foot house land on Spruce Street.
Speaker 5 (31:49):
Yeah, but I mean that whole little area.
Speaker 3 (31:51):
Check it out. Called Senia, She'll show you the house. Guys,
it's a business happy Are we back in just a
minute with James Wilder Junior. Stay tuned.
Speaker 1 (31:58):
Let's get back to the Business this Happy Hour radio
show with your host Frank the Bangkoto, owner of Lincoln
Lending Group, and his co host Senia Akisha.
Speaker 2 (32:07):
Frilt with Mahara and associates.
Speaker 3 (32:10):
All right, Tampa Bay, welcome back to the Business Happy Hour,
your number one show for all things business and entrepreneurial.
And today we've got a local sports hero. Comes from
a long line of football stars starting with Dad, a buccaneer.
And you said he still holds the record for the
most rushing yards.
Speaker 8 (32:27):
Rushing yards, he was the all time. Mike Evans just
broke that record last year.
Speaker 3 (32:31):
That's right, man, dude Evans. How about this SE's gone. God,
he could have had another thousand yard freaking season there.
It hurts well, it hurts worst is that was a
freaking penalty too. When they took him down and broke
his collar bone. And when I saw him hit the
ground and just not move, I'm like, oh damn, cause
he's a tough dude. When you saw it, oh god,
(32:52):
just I got chills. I was like, that's really really bad.
And that was a catch, Like everybody.
Speaker 8 (32:58):
Was jinxing it, man like, because he was already, you know,
trying to battle coming back from the injury already.
Speaker 3 (33:03):
They did jingson a little bit. Yeah, Buccaneers, come on here.
By the way, great game against the Pats. You guys
could have pulled that one out. That was kind of
sad there. You can't you can't let you can't lose.
When you get a turnover in the last two minutes,
you can't waste it. Okay, that's you know. I'm not
a football player. I just watch tough weekend. Yeah, we
started with Florida State. Whole nother conversation. We just got
(33:25):
to beat the Gators, man, can.
Speaker 6 (33:26):
We just en Bama Gators? Sec?
Speaker 3 (33:29):
I'm okay, okay, now that's it.
Speaker 6 (33:31):
Just not the standard, but for now I'm okay with that.
Speaker 3 (33:34):
Yes that next year's yes, years coming around the corner.
All right, So James Wilder Junior, all right, we told
you told your life story in thirty seconds. Now, now
let's tell the second half of your life story. Wilder
Sports Academy. What is it? Where is it? What do
you do? How do we tell me everything?
Speaker 6 (33:48):
That's okay? Wilder Sports Academy.
Speaker 8 (33:50):
It's in south it's downtown downtown Tampa, sixteen oh one
North Marion Street.
Speaker 6 (33:54):
Okay, it's an industrial warehouse.
Speaker 8 (33:57):
We have an indoor turf field, we have an indoor
professional size boxing ring, we have an outdoor grass field,
basketball field, saunas, bathrooms for women in and males. I
always say that because you think that would be automatic,
and that is not. It is not so got to.
Speaker 6 (34:13):
Yeah, we we we show love for our women.
Speaker 8 (34:15):
To have their separate space for their man and and
then we have the weight room.
Speaker 6 (34:19):
We work with the youth. We work with adults as well.
Speaker 8 (34:21):
And all of our trainers, all of our trainers at
the sports specific is a retired professional athlete.
Speaker 3 (34:27):
Oh god, so were you thinking?
Speaker 5 (34:29):
Well for the youth?
Speaker 4 (34:30):
Actually, boys and girls and what ag ages?
Speaker 8 (34:35):
You see My baby boy, he's five years old and
he's been training with us since three.
Speaker 6 (34:38):
Believe it or not, I know it sounds crazy.
Speaker 8 (34:40):
We have to train two four year olds because that's
how low flat goes now, flag goes down.
Speaker 6 (34:44):
The pre k.
Speaker 3 (34:45):
What people are putting their four year olds.
Speaker 6 (34:47):
It's very introductional.
Speaker 8 (34:49):
But as you know, but they yeah, I mean sports
parents are invested.
Speaker 3 (34:55):
Were your parents pretty invested.
Speaker 8 (34:56):
I'm not gonna lie. I always tell I'm a little
easier on my kids because I say this. I was
born into a football family, sports family, right, so and
I'm the last of three kids.
Speaker 6 (35:05):
So and they all played sports.
Speaker 8 (35:07):
I thank goodness I loved football because if I didn't,
it was you know, I was one of the guys.
We were getting off the bus and the drills were
already set up and it was like, hey, take your
book bag off. Everybody on the bus was like, hey,
he's gonna he's gonna make it. I promise At Lake Magdalen,
I promised.
Speaker 3 (35:19):
It was early, so like at a very young age,
like you were groomed, like you're like, yo.
Speaker 6 (35:26):
No choice, man.
Speaker 8 (35:27):
Everywhere I went, like my baby pictures, I had like
a football just the everyday. I shared my dad name,
so like oh you're so and so son, and we
shared the same name.
Speaker 6 (35:36):
So it's like, oh, you're going to be just like
that just like that. Just like that, everybody kind of
just manifested it for you know, So.
Speaker 3 (35:43):
When did you first play sports? Like, when did you
first play football? Do you remember, like you're five years old,
played on a team?
Speaker 8 (35:48):
No, I really was, And it sounds fake, but I
was training at like three or four years old. Yeah,
literally cones and yeah. So that's why we were going
to start running hills at like six or seven. And
same thing I'm with my sons.
Speaker 6 (36:00):
Yeah. Wow, that's the recipe. If you look at my sister.
Speaker 8 (36:03):
My sister she's all right, so, I mean she's five ten,
about one seventy five. Try to put out I'll show
you to send you over the link to her highlight.
It's crazy. My dad sixty three. I'm sixty three. My
son is freaking tall compared to the other nine year olds.
But like I said, my youngest son, he's five years old.
He's been training for like two years already.
Speaker 6 (36:21):
Dang.
Speaker 3 (36:21):
All right, So so does it? Can anybody go to
Wilder Sports Academy anybody anybody ages fouring up? Ages fouring
up that you're insured. We do even a senior's class.
We haven't filled it out yet, but we are looking
to have like a fifty five and up class you know, everybody.
Sometimes I like to say the classic, I don't like
to say elderly.
Speaker 8 (36:41):
Sometimes they you know what I'm saying. Sometimes the classics
to like to be around other classics, you know, and
I want to kind of create that environment for them
as well. We have all women groups for women who
like to be around all other women. We have the
boot camps for who just wants to be around everybody.
The all kid camps try to create something for everybody.
Speaker 5 (37:00):
I love that, yeah, include everybody.
Speaker 3 (37:02):
Very like, are there hours or anything? Can we just
show up? Should we just go to the website? What
do we do? Yes?
Speaker 8 (37:07):
Okay, you can go to the website www dot wildersports
Academy dot com. You can go to the Facebook, wildersports
Academy dot com, Instagram, wild Sports Academy dot com.
Speaker 6 (37:16):
It worked, Yeah, yeah, it's.
Speaker 8 (37:17):
Wild supposed to gidemy dot com on just about every
link TikTok water supposed to academy dot com as well,
and you'll see our website and our links on there.
You'll see a lot of our videos working with the youth,
the women, everybody.
Speaker 3 (37:28):
And you said, every trainer is a former pro athlete.
Speaker 8 (37:32):
Every trainer besides our boot camp let me. But besides
our boot camp, because they're boot camp trainers, but they
great boot camp trainers, but sports specific trainers, all professional athletes.
Speaker 6 (37:41):
We believe that experience is the best teacher.
Speaker 3 (37:43):
So I love it. Now, you're not doing hockey yet, right, hockey?
Speaker 6 (37:46):
Not hockey yet? Hockey?
Speaker 8 (37:47):
Yeah, hockey trainers, get at me, professional retire hockey trainers.
Speaker 3 (37:50):
Get somebody. Start pouring water on the ground, g us
cold out. It will last this week, this week, we
could last very short about it time, all right, so
anybody can go. We got young kids all the way
up to classics. I had not heard that yet. By
the way, I do reverse mortgages. It's for classics, that's all.
I've never heard that before. All right, So Wilder Sports Academy,
(38:12):
we can check that out. We have about a minute
and a half left. What about this new thing about football?
Speaker 8 (38:16):
Yes, okay, the football. So I partnered up with the
Skills Center. They're over on the Wilder over on Wilder Street.
That is just a sign from God. I don't know
that as just happened to be on Wilder Street. But
they're top of the line. Man it's like the Temple
version of IMG. DIMG is like the Temple version. They
have top of the line everything, but they all have basketball. Okay,
so they I'm using some of their places for classrooms,
(38:37):
and then I just partner up with Angeline. I'm going
to use their eighteen point five million dollar football field.
We're merging it all together to have a football team,
high school and middle school football team for twenty twenty six.
I love this man, and with that we will bring
some of our retired pro players to coach.
Speaker 3 (38:52):
I love it now. Anything else you want to tell
the listeners today?
Speaker 8 (38:55):
Man, it's like I said, it's been a tough season,
but man, go nose. I'm gonna say it now.
Speaker 6 (38:59):
I love you.
Speaker 3 (39:01):
Knows is that we still have a couple of games left, guys.
But wear two games left? Is that right?
Speaker 6 (39:06):
We got to we got to finishing off with the Gators.
Speaker 3 (39:09):
Off with the Gators, guys. We've got to beat the Gators.
That's all we came for. You heard it from James
Wilder Junior. Send anything for James? And how are you
doing well?
Speaker 4 (39:17):
I have so many questions. This always goes by so fast.
So my daughter plays both flag football and basketball.
Speaker 3 (39:22):
Nice.
Speaker 4 (39:23):
Yeah, and you know we're always looking up the training
and things like that. She has amazing coaches as it is,
but I've got lots to talk to you about.
Speaker 6 (39:30):
Yes, let's do it.
Speaker 3 (39:30):
There we go and like like James just said, you'd
got to start him early. He said you got to
start him early, and he gave a little special message
for my son who's a hockey player. Don't stop being
lazy because I was staking practice. That's right. Come on,
we need more practice out of you guys. James, thank
you so much for joining the business happening.
Speaker 6 (39:44):
Thanks for having me and having me on the platform.
Speaker 2 (39:46):
Man.
Speaker 6 (39:46):
Shout out to the Lincoln Nding Group and then shogn
up to Frank de Bank.
Speaker 3 (39:49):
Thank you man, thanks for coming on. Absolutely ye and
we'll have you back on later, hopefully after we beat
the Gators. We can do that. We veterans, Happy Veterans Day,
Thank you for your service. Lincoln Lending Group and Maharan
Associates were out
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Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.