Coaching Call w/ Accredited Engineer & Hui OG

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Hey guys Lane here. Normally I don’t like to brag at all. But yeah, I just want to highlight a few of these recent closings that we had. We sold off a lot of these class C properties that were a little bit of a headache to deal with some of the properties didn’t cash flow initially, which is pretty common with class C collections up and down.

But. Yes, total 114 unit in Atlanta. We a hundred percent return investors’ capital two and a half years. Crazy on another one in Huntsville, we still have 70 unit there, again, another class C for 108% return. And to be years, cut back early on another class C where we 26% returning two years.

And then in addition to a Chattanooga property class C almost a hundred percent there three years now, to say that it was a lot of hard work and dedication, but, quite frankly, we didn’t rehab all the units. We didn’t take it the full business plan yet. We felt like it was prudent to cut bait and with these great returns already.

And investors pumped to the next deal. And keep the good times. Rolling. But yeah, a lot of good things are happening, I think, especially in Huntsville. It’s one of its deepest tertiary market out there, emerging markets. If you watch my monthly reports, and just did a report of top of which in markets and it’s on there.

So a lot of the first investors we have one today, we have a coaching call. This client has been with me for quite a while. We’re going to call him the wi OJI investor, Mike. But yeah, starting to see the successes come through and people’s lives are changing through this stuff. It’s not only the deals, but it’s the holistic tax and legal asset protection.

And how do you move money around, and also lifestyle changes such as not buying your house to live in, renting for a lot of us. Makes sense. Granted though, those people aren’t listening to this podcast don’t really have interests in personal finances and financial freedom. They should go probably go by their house because it’s a forced savings account, but you guys are different, right?

So hopefully you guys enjoy this podcast with a current investor of ours and yeah, you guys want to build a relationship with us. Go to simple passive cashflow.com/club.

Hey, simple passive castle listeners. Today. We have a, another exciting coaching call with an OJI of the who pipeline club. Mike here we’ll call him like, cause that’s how people know him as, but yeah, accredited investor in several deals. We’ll talk about that, but I think today’s call is not.

Really on the basics. But where do we go from here now that we have proof of concept? But Mike wants you to give people a quick overview on yourself. What do you do for work? Just so people can get a little context. Sure. Currently I’m a construction manager with the city of Seattle. I have a civil engineering background.

Did the consulting thing for a little while but have been working as a government project manager for about six years now. It’s been doing real estate investing since 2017, started with two turn key rentals in the Birmingham area. And then along the way they come up to six or seven syndications with lane.

And yeah, just trying to see what the next steps are here for me. Yeah. So I think when you came in at 2017, your original goal was to buy some rental properties. What was your net worth? Like 600 or something or 500? I don’t know around there, I’d say, yeah. Yeah. In what, under four years you almost two X that, yeah.

Okay. Okay. So I’m just looking million-dollar net worth in terms of salary and income, you’re another frugal guy, so you’re able to put away 40 grand or so to investments every year. So just giving some people some context here. Again, if you guys are listening to this and podcasts for me, you guys can go to the YouTube channel where we have this displayed.

Also club members get access to all of these investor calls or investor coaching calls. Sign up for the club@simplepassivecashflow.com slash club. And you can watch all these. And I arrange all these coaching calls based on net worth. So you guys can quickly fall in to where you’re at super watchable.

It’s perfect. But help us out Mike, for the new guys because you’ve went through the whole entire Genesis where you started with turnkeys. Take us back to that point, some of the takeaways, but a few years after that, Yeah. To be honest, that it really mirrored your journey, I definitely piggybacked on all the training that you took, all those networking opportunities that you did, jumping on with the turnkey providers that you found in the Birmingham area made it really easy cause he hadn’t been there before.

And just decided. I couldn’t keep doing the same thing and expecting the same result and also had my son in 2016. So that was kinda my Han solo moment, as you say find a way to increase my income, to get more time to spend with him. So along the way just with the two turnkeys, and then seeing these syndications starting to pan out.

My wife’s been able to leave her job and spend her time with our son because he’s about to start kindergarten. Yeah. It worked. Huh? Good.

So you jumped on a few of these deals where a couple of these yeah. Two of them cashed out for you. Money. So that probably makes indices very happy. Yeah. It was nice to see that 40 15, I’m trying to capital come back and looking forward to what to do with the distribution. Oh, how did you guys manage your guys’ finances prior?

Like she gave you some sort of like allowance or allocation to do this crazy stuff with in the beginning. And she said changed her. I do most of the finances in my family. I think it was a real as you said, we’re very frugal. It’s very tough for us to spend a dollar. It’s not essential.

But I guess along the way just showing the math of, what we’re putting in and what we’re getting out on a month by month basis has been helpful. Using a lot of the graphics that you show in that Sankey diagram that kind of unlocked everything that really broke the dam and getting us able to be comfortable with doing the syndications slowly, building them up and just increasing that, that extra cash buffer and savings.

And then as has it progressed throughout the years, you got more and more. Investible capital that you can touch. Yeah. Yeah. It, a lot of it is from my day job that is where I get the bulk of my savings from. I’m a little conservative with the rental properties. I don’t really pull much in terms of profit.

I just keep building up that stash in case something goes wrong with them. But yeah, at least with the multi-families I feel like that’s been able to start compounding here. So one thing I know you guys did, if you guys, you can help out people, is the whole, do you rent or do you buy I’m a big proponent for renting.

I rent you had to talk to your spouse since we’re doing this crazy idea of not buying, but maybe. Help out the poor souls that need to do that thing too. I think for you, it was harder because it’s not like you didn’t have investible funds, but when we sat down and outlined it, it makes so much sense.

Site’s there. Yeah. I was lucky enough to ride the appreciation wave from 2011 to my wife and I owned a condo. In North Seattle and we sold it for more than double than what we paid for it. So that was pretty much our equity that we used to invest in first, the turn keys, and then the first batch of syndications.

So we’re most small spouses would probably chop your head off if you took that money and buy a house, a bigger house to live in, that’s the status quo. Yeah. That’s exactly what the traditional plan was. So it, really was a long road to get to, renting and then using money from the sale of a property that equity to start investing.

And it’s starting to really. Come home to roost right now. Yeah. Yeah. Cause you sold that and you got what, 300 grand that stuff after all the closing costs and whatnot we cleared about two 50. And did you invest all that two 50 or what was the deal within the household that you could invest?

I think along the way we have been. Wanting to get a primary residence again. But I asked her, let’s rent for a little while. We’re, we’re not tied to anything. And just give me a little bit of time and let’s see how this goes. And at any point, if it doesn’t seem like it works, we’ll sell these turnkeys, I’ll stop investing in these multi-families.

We’ve been able to see proof of concept. And this’ll be our fourth year renting now. And so there still is the itch to buy a primary residence. But at the same time, we haven’t completely shut the door on renting. Yeah. But I’m looking here I’m, you’re still able to put away 40 plus grand a year to investments.

The syndications are starting to cash out. You’re going to have more investible funds. Now the, again comes into play, right? You’re you’ve got to make a new deal. Or are you thinking about getting a new home to live in? Because I’m a little bit more yeah, if you, maybe if you want to, you could at this stage, cause you, you put in the three, four years of delayed gratification and. At what point? I know personally, I probably will never I don’t want to say never, but I liked renting and it’s a lot cheaper than buying a yeah. Yeah. I dunno if we’re just trading one thing for another, but there’s always the thought in the back of our head, whatever it landlord’s plans change year to year.

Now that we have our son, we’ve got a lot of stuff in the closet that I’m not really looking forward to moving. And I really want to get him into a good school district. So that’s the main thing. It’s just the stability is what we’re looking for now. And I know I don’t have to be a homeowner forever, but for me, it’s the stability for the family and the the school district.

And I know I talked to people, I know the people who’ve moved multiple times in their life and their parents have come back late and said, Oh my God, I’m so sorry. I moved from this town to that town, moved me from this school to that school and know the other kids are grown up. They’re like, I didn’t even know that was just used to that.

But just for me, my own wanting to be what I feel like is a good parent. That’s I guess my number one. Yeah. If you could keep moving at this space in 15 years, you can buy your kid up Dodge Viper. Doesn’t all will be forgiven before. It’s 21. That was my, that was what my mom was trying to get me to do this day at UHC.

And since you can buy whatever car you want, and then, so I actually just move myself too recently. And the mover is costing me a thousand bucks, but I boxed up everything and I was like, my God, that’s the last time I’m ever going to do that. But our other buddy is a mover and he said, yeah, you just tell them to come to your house and pack up all your stuff for you.

Yeah. You probably want to take your wife’s underwear with you separately, but they’ll do it for two or three points. So No, it’s just money. And you’re saving so much money every month anyway, growing your money so much before. And hopefully that helps. It’s just think of it as a few grant that you just to Chuck up to move it costs.

Yeah. I think honestly, we understand the math. I think it’s more of a feeling now than it is. Whether it makes sense, monetarily. Yeah. But we had talked about some other options, maybe outline it for folks like a bigger house or location-wise. So what are you currently thinking about now for the housing?

We’re still pretty narrow. And where we’re looking we floated the idea of moving out of the general area, but I know we seem to really like where we live. And so we’re going to. Try that at first, who knows, I don’t know, or at least as good for another few months, but we’ll see if the time comes that we have to move.

If we really have to do something. Yeah. The key is like finding a landlord that is also an unsophisticated landlord that loves a very stable tenant. And if you can bamboozle them into a longer lease, that’d be ideal for both of you and down. Yeah. I did contact the property manager recently and in the area that I wanted to live and I was like maybe we’ll just try out when you’re at first, but I really am looking for a place I want to stay long-term and she was like, Oh yeah this investor, she had a house for 25 years sold that, bought this one.

And that’s what she’s planning on doing for the next one. I’m like, Oh, that’d be, yeah, that would be perfect. But it’s. We’ll see what comes up to buy and what comes up to sell. And, trying to look for the right place to be at least for the next six years. Yeah. Yeah, because currently you pay how much per month for 2,700, which is a great deal.

Cause we got one of those landlords, this is a house they bought for their son to move into. Once he moves back to the area and we’ve been waiting for the son to move back for two years now. So who knows, maybe we even stay here another year. I don’t know. It’s probably one of those or for bearing that more, it’s probably why the son doesn’t want to go anywhere near them.

They live like five minutes away, so yeah, maybe it’s a little too close for the other guy to come back. But so when you’re looking for that next rental, what is your budget? 30 to 50. I think I’m keeping that budget the same for a house payment versus the rental. Do Jack it up to four grand.

Trust me at the end of the day, you pay four grand for a rental and you invest and it just keeps you on this path of renting that much longer. It’s going to be better. And, but just for kicks. See what you’re getting when you pressed up the Ford brand. Yeah. It’s, you’re already getting so much of a better deal when you compare what.

Rent is for that by costs. So yeah, it’d be like heads and shoulders above. Fine. Yeah. And now that you’ve been doing this for a few years, now, you can take some of these profits, the investible funds and start living with it. And that’s the way you start to do it because I know people like in your shoes, what you’re probably to keep doing is keep continuing to live in a.

Kind of like a dingier house rental for 2,700 a month for the rest of eternity, right? Yeah. But yeah. Try and consciously increase your means, which goes against everything in the personal finance world. That’s the whole point of doing this investing stuff, that’s why we’re doing it.

Is that what we’re doing at.

Yeah, I think that’s why some people do it. But I thought it was just a rack up money in your bank account. So I look at it when you’re not doing anything, but yeah, it’d be take it off the foreground. Yeah. And I’m curious what the missus says at that point. Once you start to tour those places or show pictures of it.

I mean it honestly they don’t care the, just the fact that she’ll have to tell her friends that she’s living in a place that costs four grand a month. She should, she won’t do it based on that principle.

Yeah. I know what you’re saying. The friends will probably think that she’s crazy and your likes and ADL, but. I tell my wife. Yeah, look, don’t think about what other people think about you. Life’s too short. Yeah, I know. It’s hard. Yeah.

I know. But that is a big thing. Cause people don’t understand it and they’re like, what are you doing? You’re just throwing money down the two crazy.

Okay, so let’s talk about this stuff. What do you got going on here? Why do you have so much? So that’s the thing it’s that was also part of the agreement. Oh, it’s like the COVID reserves right? Where the bank makes it, this is the life reserve that’s my escrow account.

Okay. So the deal was, if I recall you had to keep liquidity in the bank to be able to put down on a primary residence. Yeah. And so that money right there is our emergency fund, plus our future down payment. And that’s a lot of money to just be sitting at escrow. You got to ask the bank, they’re like a little bit, it’s been it’s been working really well with this arrangement.

And so I don’t know if I’m trying to. Break that arrangement at this point would be a wise decisions. Okay. So here’s some options, right? What about other than obviously investing at all? Surely you’ve seen some positive effects of this stuff starting to work and it’s real, but maybe put a portion of it as equity, right on the top of the capital stack, getting dirt.

10, 12% every month. Yeah, like an HP. Gotcha. I know a lot, what a lot of guys did was , they got to refinance their loan on their house. So he lock and they took a portion of that too. And then put it in for the equity to pay their key lock on their entire thing as arbitrage.

That’s the first option. The second option is what do you think of block five? Yeah, it’s putting money into, I can’t understand any of those terms. I’ve been, I’ve been working, trying to understand it with some of those folks in that Facebook group, maybe I just need to dedicate more time to it, but Yeah. So our mastermind is going to be doing a deep dive into this next month, but. What I’m advocating for is not really investing in block five or any cryptos in terms of Bitcoin or Ethereum. Have you heard of stable coins? Yes. After reading about it. Yeah.

Yeah. So for you guys don’t know what this is, that’s my understanding. And I don’t understand this entirely. So go do your own research, but stable coins are, as the term suggests it’s stable. But to me, like from what I hear from people who do this for what it’s worth, like most of the crypto, especially at theory and Bitcoin, now institutions are involved in this stuff and it won’t go 10 X and a couple of years anymore, but.

At least to me, I think that’s the point where I’m getting more interested in the stuff. Now, big institutions are backing it and they believe in it too, which just makes it more stable., but like the stable coins is another level beyond that of stableness. So what you’re doing, you’re loading money into this website.

You don’t have to deal with all that annoying. USB things. Some people will think that’s more security because you own it, but it’s no different than you going to, each trade or whatever stock investing thing where they app digital. But you mean like block five and I’ve done my research.

They’re, US-based, they’re insure supposedly they’re property capitalized. There are a bunch of others, but if I were to recommend one over the other, that one, just as a starting point to court research. But for if you put your money in, I think it’s G USD and block fi you’re able to make 8.6% on it.

Now, if block five goes on, there don’t come complainant. Maybe, I don’t know if, what, I don’t know, see what, like throwing 50 grand into something. That see us, like God lean more towards doing private equity versus the books, I think. Yeah. Yeah. Or maybe, go a hundred grand in pref equity and the salon and the next salon.

But in the meantime, when you wedding for the next one, just have 50 grand that block fire or something like that, or diversify over different coin basis. Coinbase Gemini. Yeah, yeah, you got to get that move in then it’s a big drag. Yeah, I know it’s a big drag or, okay, so here’s the other one.

Are you doing internet banking at this point? No, I’m not. I just didn’t feel like I had the right kind of net worth to be doing. Your net worth is higher than half a million. So it is a thing for you. Again, if we’re talking to the guy who is, has no money, don’t do and banking, right?

Put your ear my son, go focus on making more money or investing in a rental property for now. If you guys get shiny object syndrome so much, you gotta be like Mike and do this for few years. And then you can think about these things, but this is even if you’re a lower net worth, I would still recommend the jury because you have so much debt equity, you might as well just stick it into insurance product, which is probably the most stable things out there. And just let it grow at 5%, at least. So that’s the third option I have for you. Okay, it’s just load this into there. And then next question is how much do you do? What I’m looking at here is you’re able to put away maybe 40 grand a year, but you have so much built up in this escrow crowd and you have, you got to get it deployed.

So you have to build a plan that’s six years or five years, and you have to stick to a Mount. Obviously I wouldn’t go more than 40, 50 grand per year because that’s all your liquidity. Sometimes I have a general rule of thumb of one third of your net, which is in your case one third of 40 grand, so 10 to 15 a year.

Okay. But maybe I might bump that up because you have so much luck in the beginning. So maybe, we can connect you with the life insurance guys, but. Maybe I would go in with how does 20 a year for six years now? That’s the cashflow that includes the fees too. That is what you’d loaded in. The fees is probably gonna, you’re going to take the haircut that first year for sure.

But your money is not doing anything anyway. So it might as well loaded in there for now. Like you should be able to intellectually talk about this decision to your spouse who is controlling this escrow account for you, because I would make the argument that the life insurance is more secure than any of these things.

Okay.

Shouldn’t have more than a hundred grand in here anyway. FDI FEIC. Yeah. You load it in there. And another thing that we’re tinkering on in the mastermind is instead of taking loans from Penn mutual, the insurance company or whoever insurance company you’re using, we’re using a third-party bank to get an even lower interest rate.

So if we borrow from Penn mutual at 5%, There’s another third party bank that will do give us a collaterized loan on the life insurance. You sign the, like the bank and they’re giving us like 3.5% for prime, minus half a point or something like that. So it’s I think that’s better than a hilar.

Yeah. Yeah, crazy stuff right up there. So I would try and do 20. You know what if this is not going to go down, I would load it up with 40, 50 grand in the first year and try and backdate the first payment. So you can load a hundred grand in the first year. Okay. Does that makes sense?

Yeah, it does.

And then. Year two year three, you’re going to have to fund it know for 40, but if you only funded up to five or 10 grand, it’s not the end of the world. It’s going to take a lot for it to not cave in. If you understand that kind of, that concept. Kevin, what do you mean? Yeah. So caving in is just like non-technical term that I’ve created where it’s no, you have to commit to a certain amount, right?

Every year, where, if not the dividends I think the fees start to pay and cannibalize itself, the policy. Okay. And I’m not an expert, right? This is why we work with experts to originate these things. But I know from a high level to, amounts to put in.

But how it’s designed, just like in taxes, I know how taxes work and you should know how taxes work. But you don’t know what forms to do, right? That’s their job. In fact, that’s their only job. Their job is not strategy. That’s yours. It’s like how we’re doing here. Your job is to figure out how much you’re going to put anywhere.

And before I have the conversation with the salesman, because the salesman is obviously not really aligned with what you want, they’re going to probably try and load you up in the longest policy for the biggest amount, because that’s what lines their pockets with commissions. Okay. But. Yeah. I would just throw in a hundred grand right off the bat, and then you have a 150 grand.

So it gets you that in the next few years, and you’ll probably be making more money and hopefully the investments keep going well. But at the end of the day, or if the worst case scenario, you bring back how much you put in. Yeah. It’s not the end of the world. Initially when I did my infinite banking policy, I did 50 grand and I did, I actually the same thing.

I backdated the first payment to put in a hundred grand in the first month, one after it. Boom, boom. So then I was supposed to do a 50, 50, 50, 50, and then when I was first starting the syndication journey, , I. Spend all my money and invest it all. So I didn’t have much money. And I was like, Oh crap. So I had to go down to the minimum where it wouldn’t keep in.

And I think it was somewhere between on $50,000 commitment. I could put at least like five or 10 or something like that. You can do that. Or if not take a loan from yourself and paid the premium. So the backdating is like a year, zero. Contribution. Yeah. I talked to your agent on how to do that.

Okay. But that’s for your case, right? Because you have so much dead liquidity right now. I’m not doing anything. Whereas most people, they don’t have that much. Most people have a hundred grand or less, but they might have a higher net where you’re able to put away 40 grand per year.

A lot of other people, they might be higher. 50 to a hundred. But that’s how I would play this. And as you see, it’s a art form. But should you lower this amount that you have to keep in here as cash reserves? Because the boss says, do you know that strategy obviously changes a little bit too, but.

Those are the three in that order that I would allocate that stuff. Okay. But as far as investments, you’re just on the one or two a year plan, is that yeah, that’s what I’ve been able to do. Once I get enough to put into something, it goes right in. Yeah. This is not too important, but I know you got kids.

The term life insurance. Is this through your work or is this additional? The standard insurance is through my work and the mutual is my own policy. Okay. If you start doing an infinite banking policy with the whole life, you probably should just, this has been done, then I would get, just get rid of that.

That’ll save you 500 bucks a year. Yeah. But yeah, I mean it’s, so if you died a million, $2 million is good thing. Yeah.

But you still have, is this company like TSP or four Oh three B 401k stuff. So I did the 401k. I closed that out last year. And I have about. $20,000 in my Roth that I can take out as straight contributions without paying any penalty. And the other, the lower amounts are my spouse’s plans and that’s her money.

So I haven’t pressed her on pulling that. Yeah. But so this is not 133, it’s 20 now. And then. It’s like I could take out 20 of that without the pain. Oh, okay. Okay. Yeah. So it’s like what? Vanguard? 500 or something like that. Yeah, exactly. Yeah. That’s cool. You want some stocks and is that, I don’t need it.

It’s more like it’s there and I prefer not to touch it cause I don’t want to pay the fees, but I’m open to eventually taking that all out. did it with my 401k last year. I’ll pay the taxes on that. Yeah. And luckily, because the wife doesn’t work, you’re not in a high tax bracket, so you can make maneuvers like that.

I personally don’t have any paper assets, but I always just ask you guys and where your head is. That’s fine. I’ve already taken out a good. Chunk of my Groth contributions along the way over the past four years too. Is this all Roth or? Yeah, it’s all wrong. Okay. But only 20 grand has contributions, I think.

Yeah. That’s all that’s left that other contributions, but it’s not a self-directed. No it’s a wrong, yeah.

I might have up. Something for you later,

but yeah. Any other questions or, what level of tax professional should I be seeing? Cause my buddy who used to do it he took a real job, so he’s done taking clients and then I’ve always been wanting to sing that I needed an estate plan and a will like, cause the Anderson folks. Who should be talking to, is that, too much for me?

I think they’re, I think they’re cheap for what they do. We definitely don’t need, like one of the white glove services that are gonna charge you 10 30 grand to do your taxes, but the trust, the state stuff, I think that’s separate. But yeah, I can connect you with a couple people on that side.

But, yeah. That’s so that’s next on your list of deep to do items. Yeah. So if you guys are listening, if you guys have a you guys don’t want that sucks. It’s going to go through probate, start do that. You guys need to trust, especially if you have kids.

Yeah. Yeah. We’ll play around with more that strategies like irrevocable trusts. Once the network gets a little higher, but. Can get the trust set up because the trust is just essentially instructions to avoid probate. So the state city, I don’t know who gets their hands over the place, but it’s just a way of taxing and running away.

But yeah, that’s a good goal. A lot of people in the bubble that was something that they need to get done. It’s something that people that lay. But yeah, as far as the taxes, you don’t have moving off the rental property, so things are getting easier just to have a bunch of Caitlin’s.

Yeah. I still don’t think you should do it in triple tax, but it didn’t take a genius to do it. And you’re educating yourself and you should be able to spot check what they want. Anybody does. Yeah. The situation is not super complicated, but. And you should be able to supervise them too.

It shouldn’t be that different from the last three years. Yeah. I’m curious how much passive losses you have on your 80 to 85 forum? Have we asked your buddy for that? Oh, I was looking at that the other day. Yes. So you guys, this is super important. If you guys don’t have over 85, 82 form, you need to get it.

And we’ll CPA. Typically they withhold that because they don’t want you to run off to another CPA. So the way they keep them keeping you under their collect checks. But but yeah, that, this is what is on your suspended, passive loss. Buckets these investments, rental properties, especially passive private placements in syndication gives you a lot of passive losses the first year that you may not use soft passive income.

So it goes on this 80 to 85 form taxes

of you guys are writing that number down, going to go home control F over taxes. But it is pretty neat to see those passive losses, that, those big numbers, how much do you have? Is it I think I’m like at 130 and that was at the end of 2019. Oh yeah. So who knows? Maybe two 50, 300 now. Yeah.

Yeah. You’re seeing, that is at this point, it’s don’t really need the pay taxes if you don’t choose to. But before we go, let’s talk quickly about real estate professional status. Cause your spouse doesn’t work. She’s working her ass off should help too much with your kids. Not that I’m working from home.

I really see how much work it is. Yeah. What about, so we had talked about this, you’re trying to get real estate professional status to use the passive losses to potentially offset your ordinary income. Income and capital gains on the sales of the rental properties. Yeah. One thing, your guys’ tax bracket is in that pie, right?

Because you took, you opted for their quality of life instead of you kicking more, but at work, getting paid more and for working. So you’re not in a huge tax bracket and I, and if you guys are under. No $330,000 AGI. I wouldn’t really freak out too much about getting that roasted professional status, Texas, but you still have you kinda given up on that, is it not make sense to you now?

Yeah, it doesn’t really make sense. Just trying to get the sheer number of hours to I don’t know. I wouldn’t, I would’ve had her like cold calling people that stuff that we hate to get. Yeah. If you are a doctor, and if only you are a doctor, then it makes sense, but you probably wouldn’t care.

You probably, and I probably wouldn’t be friends, probably wouldn’t care about this stuff, but cool. Anything else or any other stuff for the folks? No, I think it’s just interesting to see, cause we ran through this. Back when I was starting, I put together my little manifesto of what I was going to do, and we had a plan then, things change along the way, but it’s generally going along with what we thought it would be back in 2017.

Yeah. And another person who gets over the one, the two comma club. Yay. I’ll drink a beer tonight. Yeah. Yeah. You like expensive beers. That’s what the movers aren’t taking. I’m taking my boxes of beer in my own car. But but yeah, congratulations moving into the world of a credit status and I think you can agree that it doesn’t feel much different.

It really doesn’t, but happy to make it. Yeah. Now we’ve got to get you to four and a half million. Yeah. Yeah. That’s like graduating high school. So you go to your nephew’s high school graduation and you’re like, yeah, man, that’s nothing like, maybe I might come to your college graduation or when they actually do something in life.

But yeah. That’s getting to accredited. Status is all about that’s true. That is true. But yeah. Thanks for listening guys. If you guys liked this sign up for the investor clubs, we’ll pass the cashflow.com/club. Stuff really works. Real and yeah. Thanks for listening. Like.

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