Thursday, 11 June 2020

613. Creating A Life Plan


Are you faced with conflict? Constantly feeling pulled in 10 directions at once? Today's show dives in to help clear the clutter and find focus.

 

Thank you so much for listening! WE ARE SO GRATEFUL!!!!

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Transcription:

Are we here? Where are you here? And we're live, live second cup of coffee. This is Jason. So we are started. We are here. We are ready to go. Uh, so definitely love being in front of you guys. Uh, you can catch us over on, uh, Facebook, if you are over on Instagram, we're here somewhere today, also over on Twitter and YouTube. And we're on Twitch again, which we repeat daily, but we still have not figured out what the heck that means, but we're there. If you are looking for us there, we're there. So probably not, but if you, if you are we're there so happy Thursday, it feels like, I don't know what day it feels like. Cause it feels like we're in the weekend already. Right. But doesn't matter. Everybody's good. That's right. And that is part of where we're going today. What the conversation is, is that we are talking about a few things, right? Creating a life plan. Yes. We're creating where talking about creating a life plan. We're also going to dive into podcasting and asking the right questions. And this was something that came from our Facebook group, the multi multi-family formulas, and people asked us to talk about it. So first let's talk about creating a life plan. Sure. Well, I was actually all into the question part, cause maybe I did that part. That's a lead into life plan, right? I think so many times in our,

 

in our life, what would keeps us from having decisions is that we haven't set our values to where it makes sense. So we know, and we understand what our, what our life plan is. Right? So on that fact, if we don't know what the plan is, then we have to make a decision. Well, we don't know how to, how to value that decision. Thank you. Cup of coffee, right in front of me. We don't know how to value that decision because we don't have something to fall back on. Right. So, so we have to figure out, okay, what bucket does this lie? Right. So, um, I want to do this with the family, but I'm being asked to do this at work. Um, and I should be doing this. And since I don't have that life plan, I don't know how to make that best choice to really signal what is the most significant thing that needs to be done right now at this stage of my life. So wait, this is something, a term that I actually just learned from a marketing genius. She called it a light house. What is your lighthouse? What is it that you can go back to and focus your life on? I mean, we could go into so many different little tendons about making a life plan, whether it be financially, emotionally, physically, spiritually, all these things should be part of your lighthouse. I absolutely adore that term

 

right now because it gives you the visual of that light, that continuously beacons, that you know, that it'll serve you and it'll point you in the right direction. So what is your lighthouse and how are you going to figure that out? And right now I'm going to figure out because on one platform where we're reverse from the other. So I'm trying to figure out how you're on both sides of me, but regardless that's for another point. So I don't have a, I don't have a lighthouse from there, so we have to come back to it. But ultimately when you look at this, I mean, lighthouse is a great analogy, right? So it helps, it helps you find your way home. Right? And that's a lots of times when we don't feel connected to what we're doing or we kind of feel off track it's because we don't have that base, but we're missing. What is the most important thing right now? To me? What is it that carries me through what's my future look like? So what does those steps need to be to get there? Right? So it's like building anything. So, you know, putting together a car, right? If the, if they don't know the end product, then there, and they're just putting things together, you might have the tires inside the car because they haven't labeled, you know, how the future of this product is going to be. And I mean, things

 

like this and, you know, um, Elon Musk, you know, going into space, right? They're going to learn to use reusable rockets. Right. You know, we were hoping to be able to see that yesterday, but they had to make, you know, they knew what their future plan is. They have their plan with this is going to point a knee impact of the weather ultimately carries through that day, the right decision. Because they have that plan in place is actually now pushes off for the next day, Saturday, going forward, talk about having to like pivot on a monumental way. I'm sure they had that plan. I'm sure they were like, okay, if the weather happens, then we switched to this. But the thing is that is a huge pivot. And that those kinds of pivots can only happen if you have that plan in place. Imagine if Elon Musk and he would not have done this, but imagine if he did not have that secondary plan, what would have happened? I mean, what do you just scrap the whole kabillion dollar project and not done it? No, he had a plan and social user, let's go back to this, this thought of having your lighthouse. So for, for me and Jason, for Jason and I that's much better grammar, right. For Jason. And I w that sounds like me. So I would have said that and kept rolling, but on that fast, so the house is each

 

other and then, sorry, I'm going to Jacob today, catching up Jacob. He so surrounding that lighthouse is our children. So everything we do is for the benefit of us and our children surrounding our children, is our family surrounding our family, is our friends run. Our family. Our friends is the whole community of people that we want to help and serve on a regular basis. So I'm also listening to what our lighthouse does now, because I hear kids crying because we actually have one just keeps sneaking in here trying to catch, you know, the behind the scenes here. She gets the, uh, the, the view from, from, from, uh, from, I guess, the stage, right? So let's talk about now, how do we create that life plan? And that leads into the next question is we were talking podcasting and there's a few other podcasters out there, you know, asking about simply asking questions, right? Wait, what is it? Um, that, that creates a great podcast and it's not so much always the questions, it's the preparation for the questions, right? So, so much. And this comes down to conversations, whether it's in business relationships, where, where I find that we've all been here, right? We we've all been in this moment where you're in a conversation and either you're speaking or the other person is speaking, and we're not ideally connected because we're not listening right. Our mind somewhere else, you know, um, we have

 

to remember to pick up milk or, you know, I forgot to do this before. So you were distracted from the moment. So when that question comes up, or that topic comes up, we haven't listened enough to really identify, uh, what should be that next question? Right. So the one question we shot here is why are we not napping? And what is that going to look like for the rest of the day to our three year old who just walked in. But when we look at things like this, the questions are the most important. What you find is when we're most engaged, is that it's not when we're talking, right. It's when we're hearing from other people and listening and really engaged. And if you want to create great relationships, you want to create, um, a great future, make sure that you're connecting and you're giving the other, you're giving breath to the other people. And you're hearing what they're saying. You're hearing what's, what's coming up from them. So, you know, when we first started, you know, we, we, we would have a set of questions, right. That we would, we would have to our side. Right. And we would try and hit some of these questions we found, but I found that as nice as that was that yet, yet you kind of have that backstop is that, that would take away from the conversation, right? Because if I want to ask this question,

 

well, we may be getting gold from this, from the person we're interviewing and we stop, or we disrupt that because now we're trying to get into the question that doesn't fit into the interview anymore. It's listening what they're saying. Right? So, so we are interviewing these people. Did they get the greatness that they've done and, and be able to relay that information to you by asking valuable questions. So by hearing them and understanding what they're saying, we're able to go back and give them feedback. And it's the same thing in relationships. So many times when maybe a relationship is not going as we want, well, are we talking, are we listening? Because when we go back and we actually take, in those words that someone's saying, well, maybe if there is a disagreement, we can understand. Cause, cause instead of just assuming what they mean, we're now hearing them. And sometimes it's like hearing someone for the first time, right? Because you get lost in this whole point where you're constantly talking or constantly speaking, then the moments there to really create that relationship are being lost because we're making it more about us and where I think, uh, we, we constantly hear, you know, the, the, the, the wording, you know, um, be more interested than interesting. Right. And, uh, David Meltzer was on a show, uh, talks to that a lot. And why that's important is that if we're always talking, we're not

 

learning, right. We're always trying to set the stage because we're not hearing what other people are. So we're not able to build because we're not getting better at asking the questions because ultimately it's a great podcast, a great movie, a great anything is that they're asking the questions that uncovered the story and you're back in the back. So we're talking about podcasts or you're talking to podcasts, movies, relationships. So we were moving along because I was going into the point here where I didn't know if you were coming back in. So I was going to keep the narrative going, but great storyteller, you know, if he was a great writer, but you have to capture the audience with the, the first, the narrative, the story, but asking questions that are going to be answered later. Right? And so those questions have to have a resolve and help that appointment, the same thing in our life. Right. We constantly have to be asking questions. I was listening to the person yesterday, I'm on, on a podcast. And he, he was the person that he's doing dual lingo now is his app. And I'm blanking on his name. I apologize. Cause I'm sure he's listening here. Right. But an AskPat he's made captcha and recapture, which if you've ever brought anything, it's that, um, it's those annoying letters that you have to type in below and try and get them sized up. Right. Um, to really pass

 

on that, you're a human and now it's the pictures. Well, he started that just as a point, because, you know, back when Yahoo was created, they were getting tens of thousands of, uh, of, of, you know, emails, you know, like, uh, by your Canadian pharmacies and all these things, because they had no triggered. I could stop that. So he solved that problem. He thought, well, well, what's the question or the question is how do I stop this from, um, creating all this mass chaos. Right? And so Yahoo within, you know, usually takes months review. They pick this up in about seven to 10 days and started putting us in the cycle, but he wouldn't further. And when his friends would ask him, you know, and he would meet people at parties, you need to talk about, Hey, so what do you do? Oh, I'm the guy who cap created a caption like, man, that's so annoying dude. So he wanted to find a way because people, he was finding people were wasting something like 5,000 hours a day, trying to figure out those letters. And so he said, well, what's the next point? And he found that, um, because computers were not up to speed yet they couldn't go in there and dissect about 20 sector, um, or, or put into words like if you had a hard copy papers from the 1930s, because the computers were not up for about 30% of words, they

 

couldn't go in there. And actually w what is the word I'm using? They couldn't go in there and actually turn that into a digital, right. So, so in that part of a book, couldn't be put digitally because they couldn't read about 30% of the words. So he started putting in words that were unknown as recapture and allowing people as they were typing in words, to teach to computer, to the point here that they were going in and now training the computer to denounce, basically, uh, go in there and complete the 30% that was lacking. So now he was giving another step here, like, okay, so I know this is annoying, but how can I put this to good use? Well, now he was getting like New York times, like archive, um, you know, of 30 of 80 years of paperwork, or, you know, or basically articles that they were now getting captured and putting a line. So find that use. And that was the next question. Right? So the next question was, okay, so we've solved that problem. We've moved on. Um, but he found that language, um, was of course a huge, a huge barrier and people who could have English, um, in the country, I think he was from Venezuela. Um, I believe, but in that fact, his country that, you know, people would be able to just maximize their income. If they could speak English, just a simple thing of that maximizing income.

 

I, their, their income may be 10 times as much just by that simple thing, but people didn't have this access to it. So he created a free app and that free app, Mel allowed him to go forward and help people to do that, but yet to find a way to monetize. So it, the story keeps going. But if you keep asking the question, what is it that I can help with? What's that story? Well, the same thing goes for life, goes for podcasting goes for anything that you want to get better at. Sometimes I think we're, we're afraid to be like, we were afraid not to know. Right. We're afraid to not know or be the one in the room who looks dumb or because we're new to something. Right. And if we think back to school, I mean, every day we didn't know something right. Every day we were learning. So, but maybe because we now are, we are so critical of ourselves that we don't want to be that person in the room who doesn't know. So we choose that. Okay. We just won't go. We won't do it. We won't engage because we don't want to look silly. We don't want to ask that dumb question. Well, the more dumb questions to you, you ask, the more you go forward. So, and you don't know really what your audience is looking for. Unless you ask those questions and ask the questions that

 

you think are dumb. Cause you never know if that's a question or if there's like an adjunct to that question that your audience needs. So this, this whole question about podcasting and asking the right question, came from our friend, Lisa at, on air brands. And she was asking about how do you figure out and how do you find the right questions? And when Jason and I first started podcasts and we had a list of questions that we would always ask like to a T and we were over, but you can keep going with it. So, but it makes sense. I was on, I was on a roll, but now, now I'm kind of not on a roll because I don't have any, anything else I think Jason already covered. Why is the importance of questions so important in our life plan? Because you have to continuously ask yourself, am I doing the right thing? Am I doing the correct thing? Do I need to course correct? Do I need to look up from the every day? Like humdrum, everyday grind, everyday stuff of life to make sure that that light is still in front of me, that I'm still on course. Well, you, if you want, you know, a house on a col-de-sac or you want a Ferrari, or you want to buy real estate, or you want a new job, well, you have to ask that question. Why? Because if you just say that,

 

does it sound good? Or what is the why that underlines there? That, that is basically to the point that that's so important for you to do this. And of course it's 15 minutes in halfway through your workout. If you are going on that fact. Yes, you are so great job when you work out right there. Kick it off to the end. Good questions. Awesome. That's awesome questions. What's next? What's after the 15. Oh, we can still talk in questions. Okay. So one question. So let's talk some more. Let's talk. So we, today we actually push on apart. We are now asking questions about more. So pili is working on mother's a real estate and because there's so many great mamas out there buying real estate and doing some things. So what is it? So I've had this thing in my head for probably the beginning of 2020, and I have been formed that in my head I've taken notes, but most of it was kind of this monster in my head. And finally I got into this, um, women's group and we were just talking and I ended up talking to an old friend of mine, old real estate for the mind that I don't really talk. I hadn't talked to as much because she does flipping and wholesaling. Whereas Jason, I jumped into the large multifamily, but I kept on thinking one of my, one of the tenants of what I wanted to do

 

was talk to all these other mothers that I couldn't talk to, or I could talk to you, but I really wanted to draw them on a mother level. And I already have the podcast mothers of multifamily. So if these mothers didn't do multifamily, I couldn't very well bring them into that podcast. So I was laying down there one day and I was like, what if I do mothers or real estate? Oh my goodness. So this is my more, this is a more that I want to give to, to you owe our listeners. And I was talking to this beautiful, amazing, amazing real estate investor, Melissa Johnson. And she's been a good friend of mine for years now. And I was like, Melissa, I'm just going to kind of like brain dump on you. Let me know what you think. And we started talking, we got like giddy, um, she's in Texas, I'm here. We're probably like jumping on the beds. And then we're like thinking to ourselves, what can we, who else can we bring on? Because I was like, I want this to be a CoLab project. I don't want to do it by myself. And I don't think, I think it can be bigger than just the two of us. So we thought of two more names, Becca, Shea and Stephanie betters, and what better women to have with us. We were all in the same coaching program back in the day. And I

 

cannot wait. I cannot wait to show you what we're going to do for you. And we're going live at one o'clock Eastern 12 o'clock o'clock central for all of you who are listening, I'm in Melissa's base. And it's going to be the four of us, just basically talking real estate, motherhood, money, mental health, and marriage. And I am so excited to just give you more. So w what came across at Debra relates to what we're doing today is that you don't always have to have the full story of the idea, right? But, but purely had the idea and she got my call and just started talking it out and it like comes up with you. You, you gotta to talk to someone. The more you talk, the more you conjure up images in your mind, you've already come in to conjure up ideas. Other feedback you get from people starts creating the narrative, creating the story, building out the full story, the full body of the story, and also getting it down on paper, start writing it because then it starts becoming real. And the more you write, the more you start adding in there, the more you start giving it to air, that the more you start understanding where you're going. So for that, if you have this great idea, but you're just thinking, I just don't know where to go. What? Maybe just start talking about it. Right. And don't worry. No, one's

 

going to steal your idea. I mean, I understand like, no one's going to steal it. Like, so an effect there, everybody else is just not going out there and running to steal every idea. So get out there and talk with someone that you like to really help yourself forward, because the more you put it out there, the more it now becomes back in drove because now it's real. And so if you just thinking in your mind, I've been thinking of this for 10 years. Okay. Enough already. Let's go see, see how great it is. Put it out there, because if it doesn't work, okay, at least you get out of your mind, you can move on to something else. Get it out of your mind. I know there are a billion people out there with these trillions of ideas, just stuck in their head. Get it out of your mind, put it out there. Talk to one person about it. I mean, if anything, that'd be my challenge to you today is how I know. I know. I know each of you has this idea, this big audacious idea and dream in your head. Talk to someone about it. Call me, call Jason DMS, let us know what the idea is. We're not going to steal it. I mean, we're all over social. You can just be like, they stole our idea. Um, the thing is, and even if somebody did steal that amazing idea,

 

so what, it's not going to be the same as what you thought up. It's not going to be, it's not going to be this amazing thing that you have in your brain. It's going to be something totally different. What you put together, what you put together is going to be so unique and so amazing. And if the world needs it, the world will tell you. So get it out of your head, get it onto some paper, get it on, get it into somebody else's brain and formulate this amazing thing. And I cannot wait. I cannot wait for one o'clock to happen because this is going to be amazing. Folks. I am so excited and we're going to go live and we're going to go live on a few different platforms. I created the more a YouTube channel. I, and then we're going to go it's to be live on my page Melissa's business page. And then both Stephanie and Becca has personal pages. So you have no excuses. We're going to be all over the place on this thing. So go to, you know, you've you've you must follow one of us, go to your favorite person, FA go on to their page and watch us. And I hope, I hope you enjoy what you hear. Oh, I know you will. And for that going in there, you got commons for the shell. We love your comments. We always getting great comments from you guys

 

talking to him. And we talked from him today. Love hearing from you. Love, hearing the feedback. Thanks so much for always tuning into the show, checking it out. We've got some great things coming up. Um, so we adjacent pero on the show. Um, it's got a thousand units out, a launch. I think it was launching a podcast yesterday, a thousand units out in Pennsylvania. And we have, uh, we have Natalie coming on. I always say her name, right? S I C H sitch. I always say her name wrong, but she is an amazing mama. She is, she is one of the partners in active duty, passive income, and their mission folks is astounding. So look for that on our YouTube channel. And if you like, what you hear here, look for that. Look for that podcast. Look for the other podcasts with Jason pero and like review subscribe, and let us know what you think about the content that we're putting out there. So let's take us home tomorrow. We will be back. We are going to be touching on what we've learned this week and becoming the rock in the ocean. And I think if you look at rocks in the ocean, think about what that means to you, because right now it just might be an object, but where can we use the rock philosophy in the ocean to start creating a more mentally tough mentally driven life? All right. So then we

 

have like nine platforms open here. Um, so for some reason today, so we might be longer on some of these platforms than not, but we're going to take this home. This is Jason drinking coffee, a second cup of coffee live, join us by your second cup of coffee. Every Monday through Friday at noon live every bringing us our best content we've done so far, super excited, super engaging bunch of break guests. We're here to answer your questions and so appreciate you listening. Make sure to check this out. Can't wait to see you.




Check out this episode!

Wednesday, 10 June 2020

612. Will Crozier: Using Massive Wealth Creation To Change Lives


Since 2011, Will has co-founded two multi-family investment firms in Texas. Will has transacted over $350MM as deal sponsor / syndicator, totaling over 7,000 units. Every deal to date has returned over 100% profit to the investment group with a typical hold time of 2 years.

In 2010, Will established and operated a multifamily-specific materials import company that greatly reduced the cost and logistical headaches of renovating multi-family projects. He routinely visited sourcing factories until he sold the company in 2018.

Will is licensed and registered as a real estate broker in the State of Texas. He has formally held the SEC / FINRA Series 7 and 66 licenses, and worked with TD Ameritrade and Fidelity as a stock broker.

Will enjoys international travel for business and adventure, and is obsessed with cars and music. He is a Dance Club DJ throughout the Philippines. He regularly organizes and sponsors children’s medical / surgical outreaches in South East Asia. Will is on the Board of Directors of the Ruel Foundation, and founder of Angel Capitalist. Both provide vital medical care to needy children as well as economic investments in the Philippines with more than 500 children treated to date.

Website: www.angelcapitalist.com

 

Thank you so much for listening! WE ARE SO GRATEFUL!!!!

Our Sponsor: 

Multifamily Foundation

If you are serious about learning how to buy apartment buildings then don’t wait, go to www.multifamilyfoundation.com and let us help you build your foundation.

Investing for Lifestyle and Legacy: https://www.yarusiholdings.com/

Our ENTIRE Podcast, Books and Health Suggestions: https://www.amazon.com/shop/yarusiholdings

Subscribe To Us On YouTube: https://www.youtube.com/channel/UC1SuXB01d14DC8ZnEWpRQdQ?sub_confi rmation=1

Subscribe To Us on #Libsyn: http://multifamilyfoundation.libsyn.com/website

Subscribe To Us on iTunes: https://podcasts.apple.com/us/podcast/the-multifamily-foundation/id1484177595

 

Transcription:

Hello. Again, welcome back to the Jason and PLE project. Super excited to be here with you today. Of course, we love you. Checking in with us. Love you, giving us all this great feedback. You'd be like, wait here, go over. Give us a ratings review. Doesn't have to be five stars. Just has to be, we want to hear from you. We want you to dive in, tell us what we're doing. Tell us what else we can bring you. And today we have will Crozier on the show. He will. How you doing? Hey Jason. Great. How are you? Good. Good. So excited to have well on the show, he's actually in Texas with living full time in the Philippines came back of course, with COVID, but he's got such a tremendous track record here, and we'd love to have him on the show since 2011. He's co-founded two multi-family investment firms in Texas with transacting over 350 million as a deal sponsor, syndicator totalling over 7,000 units.

 

And on average, over a hundred percent profit to the investment group with a tickle whole time two years. And if that wasn't enough in 2010, he established a multifamily specifically cereals import company that greatly reduced the cost and logistical headaches of renovating multifamily product projects. And he sold the company in 2018. He's also has a number of licenses, series seven series 66, working as a broker. And to add that on top, he's got many passions in terms of international travel for business and adventure, obsessed with cars and music, and some of the awesome things he's doing. He's on the board of directors for the rural foundation and founder of angel capitalist, both which provide vital medical care to needy children, as well as economic investments in the Philippines with more than 500 children treated to date. I mean, that's super cool, man. So excited to have you on the show.

 

I'll jump in. Cause you know, a lot of people right now, small business owners, we're investors, they're listening to this and they hear a lot of things that you're doing to, you know, continue to give back. One thing you've done to, to find an additional layer to the multifamily area was to produce or start the import company. What was the thought track there was that that was pre doing the investments and, or was it second to the investments? And then from there you decided this was a good track to add onto. Yeah, it was sort of concurrent. I mean, we had an issues actually sourcing the materials we needed to renovate fast enough. We started taking on bigger and bigger, bigger projects and the big box stores couldn't even keep up with our demand. It sounds weird, but they would start delivering the wrong fan or the long, the wrong light or their own faucet. And the prices would be all over the place. And just like, ah, this is messing everything up. We guys standing up guys standing around with the hands in the pocket and you know, wasting everyone's time and money. So kind of took it into our own hands. Flew over to China, started meeting the, uh, the factory owners and they started pulling containers in and it sounds real easy, but I'll tell you it was a headache, but once I got going, it was definitely it.

 

That's

 

Awesome. And what were some of the, the key lessons learned one from a business standpoint where two, from a logistical standpoint, bringing on an additional line to your multifamily investment firms? Well, everyone talks about real estate, sort of like multiple streams of income thing jumping into this firm. It was a multiple streams of expense. Like it was just money, money out everywhere. It was this money out and it was, it was, it was a headache, but, uh, once, once we stabilized and um, our investments stabilized and we started picking up a reputation for good product bucks, you know, we were selling at a good price and it was exactly what other owners needed. It was what we needed. So it's what everyone needed. And it was on time and it was delivered for, you know, B and C projects, a multifamily project. So it kind of just took off and, uh, it was managing cashflow, I think was the number one thing.

 

It took 10 years off my life in those five years. So I know from working in a, having a number of businesses and working with family business, that that's one of the parts as you grow, right? It's that cashflow because it's that, it's that beauty of you're growing, but you're trying to anticipate the growing going forward and you're trying not to cut your knees off and you're trying to be optimistic, but optimistic sometimes you're not even as optimistic and as it gets bigger, you're trying to basically catch a rolling ball is rolling down a Hill. You're trying to catch up with it. And as you look at an analogy, as you're looking at an environment today, if you were to start over right now in 2020, with all you've done, you know, you came back 2011 where we had not December, but it wasn't as optimistic as maybe six months ago, you know, in 2011, how are you looking at your investment opportunities today?

 

I had a long call just yes, yesterday. Uh, the people who kind of came up to five years behind me or whatever. Um, if I was going to start all over again, it's a great time to start over. I mean, don't, don't necessarily jump in right now, not this second, but you know, wait, watch the dust to settle there's opportunities coming our way. There's a lot of sloppy handlers, a distant absentee owners there. They're going to fumble it. There's going to be opportunities back in the market. And that's really cool. And I'm positioning myself to be able to, to back those people, to back those sponsors, to invest with them, to guarantee loans and things like that. So yeah, it's, it's, it's a team sport and everyone's getting ready for the next round. I think that that's the key word team sport. And sometimes when people start out, they try and do everything in themselves and they forget that the ability to grow, these are, these are really businesses that you're going to narrow and correcting them.

 

And the more you put on an infrastructure, the more you can grow and you can do, like you did grow to 350 million, 7,000 units in a quick fashion and have a good turnover. What you did here now to two was the objective from the beginning, always to it traveled international. It was just the goal of, of doing multimillion. Do what you're doing is to find a different perspective on how you want to handle life, or it's just always been built into your life. And you found businesses that fit your life. Yeah. It wasn't the goal for sure. I think my goal was, uh, yeah, big houses, fancy light cars, you know, that, that was the goal. It really was. Um, I was born really early poor and that just always amazed me and seemed really cool. And I did that for awhile and then I got really bored of it.

 

And like two or three years is all it took and I'm like, okay, glad I did it and need to probably do it just to satisfy that itch. And then it kind of just sold everything and moved forward with something else. And you moved over to the Philippines, was Sammy from there, or w w what was the, what was the choice to, to move to the Philippines? Uh, as quickly as I can, when I was in China, a lot on this import company, all the coolest people I met in China were all Filipino. So they're like, come on over, come on over. And, you know, English was strong and there's a lot of cultural bond between Americans and Filipinos and it just fit really naturally. I love the people, the culture, the weather. It's. It's great. It's home now. Oh, that's so cool. So cool.

 

So are you still actively investing in multifamily? Why they're here in the States or now are you pushing into your other passions or your focus on angel capitalist? I'm certainly pushing forward with angel Apolis and we can talk about that for a bit, but, you know, it's always best to earn dollars, especially when you've got the team and the network, the infrastructure in place. So I'm still deal sponsoring a couple of the larger deals here in Texas. Uh, I'm investing, as I'd mentioned as kind of a key principle guarantor on a lot of other people's projects. So I'm a passive investor more and more as I can be, or just kind of a semi passive, just try to help out where I can to, to get the deals done, to get better loan terms, lend the balance sheet and these kinds of things to, to make it go around a little bit better, but, but more and more, my emphasis moves over to angel capitalist in the Philippines.

 

I love it. And you talked about, you know, the, the big house, the cars and how that just got tired. And, and I think a lot of people have that same thing, right? They start out making, you know, when you do you, you have that approach. That that's the first thing. When you grow eyes that your, your choice and your objectives were, were bigger than this. And it does that lead to where angel capitalist really started from it. Did. I can remember the exact moment when I was, uh, I was jogging in the morning near my big fancy house, and I was just amazed by it. It was just beautiful, everything about it was just like, you know, I did it like, I was so excited about it and almost that second, my mind flipped over and started thinking about, okay, in my garage, I've got a Bentley, I got my old 69 Camaro.

 

I just picked up my car, Rory. And it was just like, I gotta go buy another one. And it was just like that moment. I caught myself when I'm like, is the next sporadic the thing that satisfies that itch, not, not even close, not even close. And that's like, I started on unraveling it at that point, just putting it all behind me. And, uh, and, uh, the amazing work that you can do with small amounts of money in so many parts of the world, or even here in the U S it's just amazing what a little bit done with care, you know, uh, micro, um, humanitarian micro charities where it's at. And if you just note in you're with the people, and you're talking to the people and day by day, you're with these people, you can identify with the needs are and efficiently help them to become healthy,

 

To advance their life, to feed their children, to grow a business. And I became addicted to that very, very quickly. Uh, how can I do more of that instead of buying the a hundred dollar bottle of wine at my stick dinner, you know, let's divert those funds to do something much, much better. You know, when people think about giving back, lots of times they think that that means they have to have a lot of money, right? They have to have this big fund set aside. So I I'll do it, you know, in a couple of years when I started to have this nest egg and other points, and you talked about just finding these causes, even though micro causes, how did, what was the first thing that stood out to you in terms of identifying the causes that were really hugely

 

Impactful to you, and you want to make a difference on, yeah, it was children's surgeries and that's what I'm mostly addicted to, because it's hard to find things that are pure, like a hundred percent pure that someone's not going to monkey with. There's not some agenda, there's not some huge overhead or issue with what you're doing or it's political or something. I've found that that children who have done nothing wrong, they cannot help themselves. And then you do a life changing surgery that one day they go into the surgery and the next day they come out and their entire future has changed. I became addicted to that, and it was actually a, an eyesight of cataract surgery. That was my very, very first one. I was just being a lazy tourist, a bump, like drinking, hanging out on the beach. And, and, uh, I heard about this girl who needed about a $180 surgery, so she could see, you know, and I just thrown that amount of oil on lunch and a couple of parties the night before.

 

And I'm like, you know, I'm slow, I'm very slow to figure this stuff out, but eventually I figure it out. And I'm like, that is what I want to do. And we did it and now she sees, and, and then it started spiraling. I started building infrastructure and all the lessons I've learned here in business, in the United States about scaling, about growing about trusted advisors, about handling money, about trust. I don't, I spend a lot of my own money on this, but really it's key. I do a lot of crowdsourcing. I throw up a new case that we find, I throw it up on social media. I'm like, you know, who wants to get in on this with me? Cause most people do. Most people are like, that's really cool. I want to do that too. And so it's really just cooperative and everything I've learned in business translates so well into what we're doing now over there,

 

In terms of the scaling aspect of your business, what's been the best growth factor you've taken from your business and put it into this right here.

 

Hi, I'm a syndicator, you know, I didn't have any money to do these big apartment projects. Uh, so, so it was about convincing a few people to trust in me. And then once you get the ball rolling and you have a track record and you have trust built up and a reputation and a network, you lend that to much, much bigger projects. And that's what I'm working on now. And basically starting to syndicate larger and larger humanitarian projects in the Philippines. And this is the same people. It's literally the same people that I just made, you know, hundreds or millions of dollars for in the past few years. And they're there, same trust in me, the same reputation did they, if anyone else wants to participate, they'll be like, yeah. You know, I trust him with them. He's over there. He's spending his own money to make this stuff happen. So let's jump in there. So it's, it's all teams it's in its reputation and it's building those relationships of trust.

 

Yeah. And you're right, right. So, and I think that goes back to a lot of people's perception, Yvonne buying multi-families that you have to have this large bank roll ahead of you, but it's really just making sure that what you say is what you do, having the right terminology. When you talk to people that you can make sure that they understand that you're going to go out there and times are not going to be easy. There, there things are going to happen, but you're going to put in the work and make sure that you're there every step of the way to make it happen. And the cool thing about this is you talk about the cataract surgery. It's something apartment buildings may take a while to turn around, right? It's not like a flip where you can be in and out in a month. You may have two years, three years to see that see the after effect, but the surgery, you can, you could see how that changes so quickly. Right? So you get that immediate point when you had that first one happened, what was, what was the, the internal response? What was your first thought or your emotion from it?

 

I was addicted. I mean, there was nothing else to say, but that, and you know, when you're doing this kind of business, it's nice to have that external affirmation from everyone. Oh, well, you're a good guy. You're doing all this good stuff and on and on. And it feels good to hear that I liked that, but actually it's, for me, it's my own selfish reasons. Like it makes me happier and more excited than anything else that I'm doing. So I'm doing it for myself. So it's not as selfless and altruistic because it sounds, it's just, it's the coolest thing that I can do in my life. So that's why I'm doing it.

 

Yeah. I love that. And just the effect of, of person, right. Just imagine, I'm just thinking of my mind, like it, you, you, you vision the vision, right? That just to be able to see something, it gives you such a whole different perspective, right? Just like they say, a picture can create a thousand words. And so for someone to go from not seeing to have an at first sight, you can just imagine the visual, just all the things that must come to mind when someone has that effect. And it's just cool that you could, and it's, it's daunting, right? Because we think of everything on unmasked capacity. Like maybe that surgery here would be like 10,000 hours, but somewhere else, it's a hundred, $180 and you're able to go and just change them in the future. And I love that. What is the, the next steps, which the future with angel capitalist.

 

So I haven't even been released this yet. You know, you're the first one I'm, I'm really working, uh, to put out a game plan that everyone can watch. Everyone can see that soon. I'm going to move from, I'm asking for a hundred bucks, I'm asking you to match my 500 or a thousand dollars for this next surgical outreach. I'm going to start hunting whales similar to what we did in, uh, in, in multifamily investing. And by that, we're not going to go get a harpoon in a big boat. I'm going to talk, I'm talking more to build the relationship and the bridges with people who, who have huge amounts of money and don't know where to put it. Cause that's actually what we always face in the apartment world with investors. They have a lot of money. They want to deploy it all. They need to get it invested. They just don't know who they can trust. They don't know the right market cycles or whatever. I want to be one of the people that they trust that I've, that I publicly aired

 

What we're doing publicly shown that track record the portfolio, the resume of what we've done for humans and how tiny, tiny bits of money it can help so much. And I wanted to do that on a much larger scale form. I would like to say, Hey, give me your million. Who do you have? Where's your auntie? Is she, is she unwinding? Her life wants to put her money to good care. Now in good hands, fly over and meet with me, meet with my team. Let's really start scaling this up. Cause there's so many more people we can help. There's there's, there's never going to be enough. And I'm just going to try and do my best with them. If there's a person listening to it, doesn't have the track record, right. It hasn't done a project hasn't hasn't had the impact, uh, but they love this and they want to get involved.

 

They're just not sure how to get started with what are some suggestions for someone to, to build character, build trust as they continue to grow in what they want to do. You know, I think a lot of us hate social media because of all of the woes that it brings to us, but just sort of putting your profiles on public and being transparent about your failures, showing all the terrible days that you have just showing when there's a success, really enjoy it with everybody. It just, I've had to be a lot more transparent. It's caused me a lot of problems. I'll tell you it's caused a lot of stressful days and nights and just attacks and weird threats and stuff. But the goal is worth it. Whether you're building that business or trying to do something great on like the humanitarian charity side, you will have that trust.

 

And no matter what I throw on social media, it always gets funded now. And it's, it's people give me 20 bucks, you know, like here's 20, but it gets funded because we built that in. And I think that that's been, been key is being transparent. And also just like you said, do what you say you're going to do except the plan and do it. Yeah. And it it's, it's funny. Cause social media, you do, you have to get out there and talk about what you want to do. It's just the idea of having a resume. Right. And showing people, your resumes as long gone, and the future of it is going to be that someone just going to Google you and just see what you're doing. Cause that's an easier fix. And we always look for the easy, right. And there's a lot of people out there that, that use that to, to attack people just because maybe they're dealing with their own, whatever right behind, behind the curtain where it just it's, it's so easy to type something.

 

But if I, you know, if I'm sitting there face to face with you, I would never say that. Right know, like right there, funny, but in effect is so easy. If you just say, Hey listen, you know, I'm so sorry. You feel that when you get back to them, it's crazy. But it's the world that we've all grown into is going to continue to be that way. And what's cool is that you can create and track what you're doing for your legacy. You know, you can go and show no other family, other, other friends, you know, 30 years from now, you know, this is what we were doing at this point in this hour, you're using this impact and it, and like it creates our own, like, I, I will say like history books, right. In a weird way. It's like, it's becoming like the new history book, like using social media is. And so it's almost, it's almost like it's almost hurting you if you don't put your stuff up because it gives the rest of your family for generations, the ability to see where it was. Cause the pictures we don't take, we don't like relish. Those pictures are on the phone. And then that people's phones get erased. You don't have pictures where like you find

 

Them in the attic anymore and say, Hey, here's the, all my grandma from like 60 years ago, here's this picture. And it just, it's amazing how it continues to transform and how those steps go forward. As you, as you look into your next steps and you've gone over to the Philippines and talk to us about what you're doing as a DJ is just as something that you just love. Don't, you've always had a passion for

 

Rock band since I was 13 or whatever. And then rock kind of died. I don't know, 10 years, I don't know where it is. It's hiding someday somewhere. I'm a rocket, I'm a drummer and a guitarist, but you know, I want, I love music. I wanted to participate. And before when I was in business, I always felt guilty. I always felt guilty to like take an hour and like strum on my guitar or whatever. And now it's also that I have that twinge of guilt. Sometimes I'll be like trying to remix something and I just like invested three hours in it. And it's like, wow, the, the best use of my time. But at the end of the day, we're here to be happy. We're here to pursue our interests and our talents. And it's something I'm passionate about. So I try to do it all. I try to do it both or everything

 

Going forward. How do you identify the best use of your time? I think we all feel that we're, we're overwhelmed with these, these tasks and maybe have a hard time identifying what's important for me to do right now.

 

Yeah. I have, I guess, two answers to that sort of the, the logical side of me. I was just listening to Elon Musk on a podcast the other day. And, uh, he, he left, he wanted to build his own house. He wanted to like design it and he says, he's an OCD guy. I think that's pretty obvious. And he was going to like map out every detail of it. And he's like, I could spend a few years doing that or it could get our assets to Mars. You know, she's like, I should probably focus on going to Mars. Right. So, um, you know, me, I guess that's sort of the same thing. I, I need to put a lot of priority on, on helping people's lives, changing, changing their life, their future, giving them an opportunity of health, of wellbeing, of an economic opportunity to feed their family.

 

But on the flip side of that, I think that we can work ourselves to death into the dirt and never take a moment to enjoy our life. And I think we're here to be happy. I think that's the number one thing. So if you put a priority on being happy yourself, personally, I think that good things will fall into place where you're actually happy just helping people are growing your business or being an advocate for better change. So I would say, how do you allocate your time and doing those things that make you happy is probably the other answer.

 

Yeah. I love that heard the same podcast on Joe Rogan and it was, it struck me too. It was the same thing. It was like, yeah, I was going to buy it, you know, build this like a Ironman house or Ironman house, or I guess the Mars kind of think the Mars thing might be more important on these projects, you know, but that's, that's funny and it gives it an even on the highest scale, it still makes sense for your life, right. And what you can do on your level, wherever you are in your life, that you get to put those in place. And so I've absolutely enjoyed this. This has been awesome. Super appreciate what you're doing. I'm going to definitely continue follow up and see what you're doing

 

More and just be involved and for others, uh, angel capitalist.com, where else is the best way for them to connect with you? I'm very much active on Facebook. So they'll we'll Crozier. Uh, angel capitalist has got a page there. Angel capitalist.com. Cap ex ventures is my other business. That's more multifamily centric. So you can reach me there too. But any one of those will get to me happy to talk to anyone who is interested in the same things. Yeah. Business real estate growth. Love it. Well, thank you so much. Really appreciate your time.

 

This has been great. Thank you everyone. Listen. Super appreciate you guys. Talk to you shortly. Join us by your second cup of coffee. Every Monday through Friday at noon live every day, bringing us our best content we've done so far. Super excited, super engaging bunch of great guests. We're here to answer your questions in. So appreciating listening, make sure to check this out. Can't wait to see you.




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Tuesday, 9 June 2020

611. Ask, Believe, and Receive


Today we dive into what the weekend taught us and how crushing our goals start with simply Asking, Believing and Receiving.

Thank you so much for listening! WE ARE SO GRATEFUL!!!!

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Monday, 8 June 2020

610. Ashley Wilson: Motherhood and Managing 40 Million Dollar in Real Estate


Ashley Wilson is the Co-Founder of Bar Down Investments, LLC & HouseItLook, LLC. She has over ten years of real estate experience and has been involved in over $40 million in transactions within both single and multifamily real estate. Ashley Co-Founded Bar Down Investments, LLC with her husband, Kyle. Ashley leads asset and construction management on her multifamily investments, and has provided operational consulting for several other large multifamily owners throughout the country. Additionally, Ashley & her father, Tom, also have a very successful high-end flipping business in Pennsylvania, HouseItLook LLC, which handles several million in transactions annually. When Ashley is not working on her businesses, she enjoys spending time with her family, including her husband and their two daughters. Additionally, Ashley enjoys competing with her horse. Wow!

Thank you so much for listening! WE ARE SO GRATEFUL!!!!

Our Sponsor: 

Multifamily Foundation

If you are serious about learning how to buy apartment buildings then don’t wait, go to www.multifamilyfoundation.com and let us help you build your foundation.

Investing for Lifestyle and Legacy: https://www.yarusiholdings.com/

Our ENTIRE Podcast, Books and Health Suggestions: https://www.amazon.com/shop/yarusiholdings

Subscribe To Us On YouTube: https://www.youtube.com/channel/UC1SuXB01d14DC8ZnEWpRQdQ?sub_confi rmation=1

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Transcription:

The way that I've been able to achieve what I've achieved today and the way that I believe I'll continue achieving success is through my network. I strongly believe that the reason that I've been able to achieve success is not only my inner circle, my family and friends, but colleagues and other people that I look up to and people who are doubters, really, every single person has an influence on me. I try to look to see how I can provide value. And also I really try to figure out what lessons they're learning and use them in my day to day life and implement them within my business. So I think without really being in tune to all the people around me, I would not be where I am today. I also thrive off of my colleagues successes, and it's not in a competitive way. It's more in a comradery way. So I really enjoy seeing my friends, colleagues, business associates have success. and that really inspires me. And it tells me things are possible. It reminds me that, you know, if you're having a bad day, that you can have a good day, you know, immediately following that horrible day. So I just continue to stay positive, surround myself with incredible, brilliant people. And I just work my butt off so I can keep up with them. I love everything. You've just said you are my new best friend, Ashley. Cause your mindset is everything. I mean, I'm going to go back to everything that you just didn't like just the last minute, just thriving about on other people's success and not doing it in a competitive way. I, I start, one of my tenants I live off of in my head is there's no competition, only collaboration domination together. We can dominate. If we compete, the nobody wins. I mean, there might be a winner, but in the end that winner loses because if they're competing and competing in a nasty way, it doesn't raise all the ships. So I love the fact that you thrive off of success, but I really want to dig deep in what you said about thriving off the energy in your network and some of the lessons that you've learned, what are some of like the deep down lessons that have allowed you to kind of, I mean, you have this amazing business says going down and you have your family. So what is one large lesson that you can share with my listeners? I think not being afraid, whether it's a question that you want to ask or taking a risk on something. I think that is really put me in a position to take chances and invest in myself, believe in myself, believe in my capacity, believe in my capability. Um, and believe in my character, those are three things that I look for in a partner, but I should also be confident that I possess those things as well. And in terms of doing that across both my business and personal life prior to getting into real estate, I felt like I had two personas. I felt like I had a work persona. And then I felt like I had a personal persona. And I really didn't like when those two personas crossed over. So I wouldn't friend my work colleagues cause I worked in corporate big pharma to be specific. I worked in corporate and I wouldn't allow my corporate friends to be my friends on Facebook. I just didn't want the overlap. I wanted a divide between the two and I really think that structured me in the sense that I only thought of business and working hard during nine to five, let's say right, but now in real estate, working within real estate and the life that I live now, I feel like I can be my authentic self. And to me that allows me to grow 24 hours a day, as opposed to previously, I was only growing from a business side between nine to five, Monday through Friday and on a personal side, whether it be as a wife or as a mother outside of those hours. And I don't think now that I've totally changed my mindset and I act differently now, I feel like I am constantly growing and I don't stop my business growth or my personal gross or my growth as a mother or as a wife, just because it's between the certain hours of the day. I mean, I know that sounds really silly and I don't know if other people can relate to this, but for me, that is something that was really eyeopening and really changed my whole life on so many levels. It's not silly at all. I've dealt with the same thing I've dealt with and I still deal with it today. Like my, sometimes I feel like my mom brain can't, if it's taken over, I can't think real estate, I can't think business, but again, I think that's all mindset that's because I've somehow in my brain. I've told myself, okay, if I'm thinking about my children, I can't think about business. And if I'm thinking about business, I can't think of my children. So how do you transcend that bridge? Like you said, you can do it and you can grow on a 24 hour basis, but can you give me and my listeners, how Having, um, the wherewithal on who you are, knowing who you are having? Um, patients, I have been really focusing over the past few months on my patients. And when I say patients, I don't mean my ability to weight in now it's like a hundred foot line at six feet increments to get something I don't, I don't mean something like that. What I mean is if my children, because obviously we're all in a situation where we're working from home and our kids are running around, you know, I'm having fun at home as well. And you're trying to balance all of that. What I mean is that when my kids come in and I am doing something that might cause a little bit of stress or anxiety for work, that when my kids come in and they're like, Oh, can I type on the computer? Can I call her on this notebook that you need? And you won't be able to read a single note after I'm done with it. Instead of just like expressing frustration or anger or anything like that. I take a deep breath. I do what I want them to do. I try to be a role model for them because at the end of the day, like I'm telling them to have patience and understanding and, you know, treat your sister with respect and uh, call 'em stay calm. But if I'm not showing that to them, then the I'm not being a good role model for them. So I wouldn't be a good role model in a sense of, yeah, mommy is a badass, she works and she's doing all these things and you can do it too. And you're not limited by gender. You're not limited by race. You're not limited by all these things that, you know, when I grew up, those were real things, but at the same, same rate, I want to explain to them, Hey, like, this is what mommy is doing right now. So mommy needs these notes because mommy's sending an email and an email is like a letter that goes through the mail. But instead it goes through your computer and try using moments as learning moments, as opposed to seeing it as you know, it's taking you away from something, it doesn't have to be a negative. I think when you express negativity, when you express frustration, you're expressing that they are bothering you. And that's a negative. What you want to do is turn that into a positive, turn that into, okay, what is mommy doing right now? Mommy's writing a check. You guys can't write on checks, but I'll teach you. This is how we pay people. And, you know, just using those moments to really be patient. And it takes a lot of discipline and I don't get it right all the time. And I don't even want to know statistically how often I get it. Right. But the point is, is that I'm trying to be cognizant of it. I'm trying to be an example. And when I get it wrong saying, I'm sorry right away. And showing an example on the other side of showing when you're wrong to your children too. So I just really think that we all are very stressed out right now. We're probably stressed out for a lot of different reasons, whether it's financially, whether it's health-related family related or it's just because you're out of your norm, it's human nature that we go in. These routines and human nature likes routines. Even people who say they don't have a routine, they have a routine of not being in routine. So when you change your routine, there is natural resentment of change. People don't like change. That's why people don't like when Facebook updates their platform or iPhone updates, their operating system, or zoom, zoom just recently updated how to use a system. And everyone's going crazy. So like, you know, these are just all example, little tiny examples, and that frustrates you. So magnify that across your entire day. And it's understandable. It's human nature. It's understandable. It's not excusable. So it's, it's something that we just need to work together and take a moment to breathe and realize truly how lucky we are. There's something in everyone's life right now. That is absolutely incredible. And if you shift your mind to focusing on all the incredible things that are going on in your life and not let something that is going to poison those thoughts, overtake your positivity, that's when you can achieve so much more in life. I don't even know where to start with everything that you just said, Ashley, you just spoke into my heart because I mean, just like just what you just said, poison. I had like my question already to go, but poison over positivity or like you, when you let that poison take over, it takes over the positivity. And I'm sure you see it blatant all over social media all over just your daily basis. And if you focus in on that, you become part of the problem, not part of the solution. And if you, it sounds like you are the type of person that tries her best to approach everything with a positivity and kindness. I mean, what you said about there's something in all of our lives that we can just grab onto and know that we're lucky, we are lucky to live this life. We're lucky for that one thing, no matter what it is, and for the listeners out there, I know we're all going through different things right now, we're in different States, different levels of being open, different, different everything. And if we're all cognizant about that and knowing that we can, there's something there hasn't, there's something in your life that you can grab onto. Like Ashley said, there's something that we can, we can grab onto and just be, and be thankful for lucky. I really I'm looking at all my notes. I'm like, what do I want Ashley to delve into? Let's talk a little bit about, more about your routine and how, how you, how you're on a day to day basis. I know you talked a little bit about this, but because this is moms multifamily, I want to know how you're teaching your daughters about what you do and why mommy is such a badass, like you said. So, um, my daughters are five and three. Um, so they're just at the perfect age to introduce. So I'm into what I'm doing and it's all different levels. So some people would say, Oh, they're too young to understand multifamily. And yes, they are probably too young to understand multifamily, but when we're playing and we're doing imagination. And, um, for example, at Easter, I said to my older daughter, her name is Dylan. I said, Dylan, um, I can either do one of two things. You can either have one chocolate kiss now for dessert, for lunch, or if you invest it with mommy, which means that you let mommy keep it at it. So you can't have one right now at snack time, I can give you a half a chocolate at dinner. I can give you a half a chocolate and tomorrow at lunch, I could give you a half a chocolate and tomorrow dinner, I can give you a half a chocolate. So this one chocolate becomes two chocolates over two days. If you don't have the chocolate right now, what do you want to do? Do you want one chocolate now? Or do you want two chocolates over the next two days and really sell this idea, wanting to chocolates over the next two days? And her response was, I want to chocolates because two chocolates is more than one chocolate. And you know, it's kind of like, okay, you know, that's not exactly how multifamily works. And I understand that. But what I'm trying to instill in my daughter is the principle of investing and the principle of not needing, um, you know, uh, immediate gratification. I think we live in a society where we have Twitter word counts. Instagram only allows a minute posts, tic talk. It's like, whatever. I, I'm not, I can't keep up with all this stuff. Um, once again, change. Right. But, um, so I think the thing is, is because we live in a society of instant gratification. I think it's more important than ever that I instill in my children, the idea of investing and, um, putting away a little bit today, grows exponentially longterm. And that's what I'm trying to instill in them. So it might not be okay, we're going to take Barbie and we're going to put her in this little condo, except I, I say that. And yet one of our shipping boxes that came in on something, we ordered, we built an apartment building together. So out of a shipping box. So, you know, there are a lot of things that you can do to be creative. You don't have to know, go to Pinterest, just use your mind, become a kid again, do exactly what your kids want you to do, which is use your imagination and play with them. That's all that matters to them. It's most important. You know, we're going to look back on this time. We're going to be like, wow, this was really stressful, but we got through it. Our kids are going to look back on this time and say, this was the best time in my life because I got to be with you every single day, mommy and daddy, or mommy, mommy, or daddy and daddy, whatever your parental situation is. So I think it's, it's so important now more than ever to embrace the, the opportunity we have to, to educate our children more, to be more involved with our children. And, um, on the multifamily side of things, you know, there are times where I just really need to get work done. And my husband and I are partners in the multifamily business and without him, Oh my gosh. He is just everything to me. I mean, he literally is my number one cheerleader. He always is backing me. He's always supporting me. And it's not, even to me, it's to our daughters, which is more important. I'm gonna like tear up now. Um, but it's more important to me that he is that role model to my daughters because eventually, you know, they'll end up with someone as supportive as he is. Um, so yeah, so things you didn't even like prompt this. I just like went on it on my own. So I'm like probably going to regret crying first time, like meeting and everything. But anyway, See, that's real though. I mean, you are, our husbands are cut from the same cloth because I have the same thought. My, the way my husband presents himself to me is the way my daughter and my son, my sons, my sons will grow up and be like their daddy. And my husband is such a supportive factor in my life. And my daughter is going to marry someone like her daddy. And that is a supportive factor of my life. And it's okay if we cry all over this planet at us. I'm cool with that. Yeah. So Much of what you said to me, everything you said about, about the partnership between you and your husband. I mean, that's you, my husband's watching the kids right now and that we're in this same is that it's an extremely stressful time. And you need to have whether, you know what, whether or not you are a single mother, whether or not you are two mothers raising two fathers raising it doesn't matter who the mother is. As long as you have that support system. And if you don't have a support system, I implore you find one because you shouldn't have to do this alone. Children should be raised by them, not even should, if you are alone and you're doing it. And I, you know, I'm going to stop talking because I'm going to put my foot in my mouth. You find your support, where you Can. And for me and Ashley, it's our husbands, whoever your support system is just thrive in that celebrated, especially right now in this time. So I'm going to wipe my eyes a little bit, hopefully scars all over my glasses. Okay, take a deep breath. Let's dive into the future. I met you through the amazing invest herd nation. And I love calling it nation. I know, listen and dress. It don't call it that. That's what I call it. That's not her nation. And Liz was like, you have to interview this amazing woman. You are amazing. Ashley, you have to interview this amazing woman, Ashley Wilson. She has this amazing background. So what is next for you, Ashley? What's I know Liz and address. I had this amazing summit coming up. Are you part of that? Yes, I am. Part of that. I'm working with, and as you mentioned, they are both incredible on their own, right? And collectively, this is a perfect example of when you work together and have synergies with someone, literally the world is limitless for you and Liz and undress a have that, that X factor. When they get together, they're both incredible women. They come together and just magic happens. So I am blessed enough that I can be a part of this and can support them in any way, shape or form that they need. If you are interested in coming to our summit, it's on June 12th. I hope that's okay if I mention that for anyone I've mentioned it. Okay. Yeah. So it's on June 12th. We're really excited about it. We have such an incredible lineup of speakers. I can't even begin to tell you, I mean, the speakers are just so impressive and all of them were just like, yes, of course, I want to do this. And you have such an incredible community. I think, I don't even think people realize who were in this community, how well-respected this community has become. I mean, from day one, it has been that way. But I mean, in just in terms of like it's growing like wildfire and I, I'm a huge believer that it will continue to grow at the rate that it's growing, just because it, it leads by example. It is not out to, um, upsell you on things. And, and, um, it really gives more than, I mean, everything right now is free except for the summit. This is the first paid thing that they were doing in, you know, two years. So, uh, to be honest with you, it's long overdue that we give back to them, everything that they've provided for us. I mean, the people that I've met in this organization have just been amazing. So that's one of the things in terms of on the horizon that I'm working with them, um, not only in this, but on some other things that I'm really excited for them to announce once everything's squared away. And then in addition to that, we're continuing to build our multifamily business. We actually just got another under LOI that we're moving forward with in Houston, which I'm really excited about. Yeah. So we have, um, that's 150 units, um, down in Houston. I love Houston. I already have a property down there. I love that market. Um, so really excited about that. And then, um, we're going to continue the flipping business with my dad. We've, we've changed our business. Um, so this is something that might interest your listeners. Um, so sometimes when you look at, um, an asset class in real estate, there is, um, general guidelines of when you should invest in that asset class based off of specific market indicators, uh, single family on the flipping side lens really well to getting in at the downturn right after it hits the bottom and on the rebuild is when you should get into flipping. And right now, as we all know we're going through this recession, uh, who knows how long it'll last. Um, but one of the things that we did preemptively is we started to change our model where we now partner with home buyers who are looking at full renovation houses, but they don't have the wherewithal to do the renovation and they don't even have the contacts. So what we do is we come in and we basically flip the house for them in a sense, so we don't have to have our capital at risk. The holding time, doesn't no longer matters to us because, you know, normally in flipping the holding time matters because you're, you want to put it on an opportune time, back on the market to sell, and, or you don't want the market to take a downturn when you put it back on. So you're always in a rush, but partnering with home buyers, it's like a perfect blend between the two. So we've started to integrate that into our business and work with retail buyers on that side, but we're going to continue doing that. And then there's a few other things that we're doing to looking into complimentary businesses for our business. So I'm a huge believer in identifying efficiencies and then taking those efficiencies and automating them. So if I believe that there is a need, um, within a certain industry, then I will look to see whether or not I can automate it and make it a profitable venture that is complimentary to the business that I'm in. So a lot of people use the reference sets. You want seven different streams of income. Most millionaires have seven different streams of income it's along those principles, but it's taking it one step further by saying you're diverse in a sense that it's not the same type of investment, but it's complimentary meaning that they play on each other, but they are not necessarily needed. The two are needed to be successful on their own, right. They must be successful in their own. Right. Um, it just helps that they support other. So just as an example, if I wanted to build a system that rivaled Yardi, um, that would be complimentary to multifamily. So it doesn't need my multifamily business to survive because there are other people who could use that property management software system. But it does compliment me because there's obviously a high cost burden on my operating expenses on my property. When I have to go through a third party vendor as if, as opposed to having the program in house, I am not doing that. I'm just using that as an example. I don't want Yardi to like come after me or something, because I wouldn't even know where to begin with that. But I'm just saying that as an example, well, no, The best investors that I know are doing exactly what you're saying, they are pivoting. They are changing their business up to service the market. I mean, we can't, we can't be our investors in a bubble. It's what the market tells us we need to do. So I am so happy to hear that you pivoted your flip business. Cause I know so many flippers are just like, yeah, I'm not going to do it anymore. I'm done. And some are just like, you know what? I took my business and now I'm doing it this way. I'm following the market and I'm doing that way. So right now it's a time to pivot and figure out what to do. And then everything that you just said about finding that complimentary business. I actually just talked to this, uh, this dynamic couple who actually did open something up in the realm of property management. It's more like a software for sponsors and asset managers that they can like put everything in there. And they had started working on this pre COVID and now there are, they're completely just diving deep into the software because they know that this will be complimentary to their business. And it's really important to get this out to the, to the market. So thank you for everything that you've just said. If you could give my listeners just one more bit of advice, and this is the only thing that they will ever hear, what would that piece of advice be believe in yourself? Thank you. I mean, you could do, you don't have to actually say anything else after that, because that by itself is huge. Some, so many people don't get into real estate or don't take the next step because they don't believe in themselves. So take you from Ashley Wilson, this amazing mom, this amazing entrepreneur, this amazing runner of real state, just amazing person. Take it from her, believe in yourself. And don't forget. Go and look up and I'll leave a link. Look up the, invest her group and buy tickets to this amazing summit. It's going to be fantastic. I already got my tickets. Listen and dresser are fantastic. Friends of mine, I believe in their cause. And I believe in what they're doing. And if you are part of this group, you haven't bought your tickets yet. Buy the ticket. It's going to be an amazing, I mean, it's just here, all the information that Ashley just gave you. If you listen to this podcast again, you're going to be that much more in your business. So buy that ticket. Thank you so much, Ashley. Thank you for keeping on. Thank you so much for having me. I really enjoyed that. Thank you. And thank you to my listeners for listening. I am so very grateful. If you like what you heard, please rate and review and please subscribe. You guys are amazing and don't forget to believe in yourself by now. Join us by your second cup of coffee. Every Monday through Friday at noon live everyday, bringing us our best content we've done so far. Super excited, super engaging bunch of great guests. We're here to answer your questions and so appreciate you listening. Make sure to check this out. Can't wait to see you. 

 

 


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Friday, 5 June 2020

609. Overcoming Doubt


Are you feeling unsure? Are you feeling like you're not up to the challenge? Or do you feel like you lack the tools to compete? Well we're here to tell you that it's all in your head. Today we tackle overcoming doubt, work ethic ,and what that means in today's environment. Also make sure you don't miss out on our daily business and fitness tip midway through the show!

 

Thank you so much for listening! WE ARE SO GRATEFUL!!!!

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Thursday, 4 June 2020

608. Maximizing Productivity


Today we dive in the what pushes us to get things done, how that helps us crush our objectives, and when "just getting things done" can actually KEEP us from accomplishment. Let's maximize YOUR productivity together on this episode of Second Cup of Coffee.

 

Thank you so much for listening! WE ARE SO GRATEFUL!!!!

Our Sponsor: 

Multifamily Foundation

If you are serious about learning how to buy apartment buildings then don’t wait, go to www.multifamilyfoundation.com and let us help you build your foundation.

Investing for Lifestyle and Legacy: https://www.yarusiholdings.com/

Our ENTIRE Podcast, Books and Health Suggestions: https://www.amazon.com/shop/yarusiholdings

Subscribe To Us On YouTube: https://www.youtube.com/channel/UC1SuXB01d14DC8ZnEWpRQdQ?sub_confi rmation=1

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