The Professionalist Real Estate Investing Podcast
Whether you’re a seasoned investor, budding entrepreneur, or simply curious about diving into the world of real estate, this podcast is your ultimate guide to building wealth and achieving financial freedom through smart investing.
Join host Tony Jacobs, a real estate professional , as he explores actionable strategies, emerging trends, and real-world stories from top investors and industry experts. Each episode delivers valuable insights to help you navigate challenges, capitalize on opportunities, and grow your real estate portfolio with confidence.
Tune in for expert interviews, market updates, and tips to elevate your investing game—because success in real estate starts with the right knowledge and mindset.
Ready to take your investing journey to the next level? Hit that subscribe button and start building your future today!
The Professionalist Real Estate Investing Podcast
Building Your Real Estate Empire: Strategies for 2025
Welcome to the Professionals Real Estate Investing Podcast. I'm with the gentleman, the one and only Rocky. How are you doing today, rocky? I am good man. Thanks for having me. Oh, no problem, long time, we're in the new year, 2025. I've already got some episodes ready to come out with some heavy hitters. I've got a gentleman coming out from Utah, another gentleman from Manhattan, new York the big apple and I have another one coming out.
Speaker 1:I got a few more episodes that I have planned out for next week, so I'm definitely going to be putting it on the YouTube channel, the podcast stations all over from Apple to Spotify. So, yes, this is the first episode for this year 2025. And me and Rocky are going to talk about the top easiest ways to get into real estate investing. So I know a lot of people who want to get into real estate investing and they don't know how to go about getting into real estate investing. To first off, I would say is to get your mind right, because the mindset is going to be a huge influence of how you're going to go about doing this, because this is not a short game. This is a long game when it comes to real estate investing. And then your reason why in getting into it. I know a lot of people get into it because they're tired of a nine to five job or they want to build up more capital so they're more secure in the future to come, so they don't have to worry about their 401k or 403k.
Speaker 2:Yeah, relying on these traditional ways of retirement money and savings like that, exactly exactly.
Speaker 1:And I've always said that the reason why I got into real estate investing the two concepts is God's not making any more land and God's not making any more dirt. So I've always those two sayings right there has always got me into, always talk about this thing, about real estate investing. So number one is no particular order, we're just going to do. 10 is a house hacking. So it said, buy multifamily property. When it comes to maybe a duplex, triplex or fourplex, live in one unit and rent the others to cover your mortgage.
Speaker 2:That concept is pretty legit when you think about it right there, man, if I were to have my mind in real estate when I was younger it's so much easier when you're younger no, you know. No girlfriend, no kids, no big responsibilities. Oh, maybe I'm a girlfriend, no, but like I had so many guys, but we can, we can. I could have easily, easily got a home. No, there had to be nothing crazy or big and rent that sucker out to my crazy or big and rent that sucker out to my buddies. Right, he lived there.
Speaker 2:I'm like damn, could have done that if they had that sucker paid off or dang near paid off, had equity in it and just started making moves that way. But man, just not thinking that, thinking that way, um, kind of set set me back. But you can still do it. You can still do it now. I know people that bought about homes now like literally 2024, 2025 or 2024, 2023, and they're renting a room out, you know, to help cover the high interest rate, the big mortgage payment, whatever like that. They're still doing it now. They got family and kids, so people are still doing it. It just I wish I would have done it right in the beginning.
Speaker 1:But it all, it always will be there and, like it says, it's so easy. What what's needed? Low down payment. The options is the fha loan or va loan, and you can live in the property while building equity.
Speaker 2:Yeah, so that's like a two for one right there and I'm building equity, too, in the property that I own yeah, and then having friends or family live there, yeah, and hopefully they behind paying the rent on time too.
Speaker 2:Yeah, well, the only thing I thought about was like, okay, I would rent to friends and family, for sure. I didn't want to rent to just anybody, right? I didn't want to put an ad on craigslist and just whoever shows up, and I just just like there was. So like in my mind when I started thinking about it I was like, oh, I think that's a great idea. But say, if you had like a furnished full like basement with the bathroom and stuff like that, even kitchenette, like you never have to see them, and I'm like, oh, that's a great option. But if you have someone that just rent a room, you know you gotta see them in the bathroom.
Speaker 2:You gotta see them in the kitchen. They're gonna be wanting to hang them in the bathroom. You got to see them in the kitchen. They're going to want to hang out in the living room. So you got to always be aware about that kind of stuff.
Speaker 1:Yes, Number two buy a rental property. Purchase a family single family home or small multifamily property and rent it out for passive income. Why is it so easy? Well, it says long-term appreciation, stable rental income, financial options like conventional or FHA loans and with any of these, especially the house hacking and buy a rental property. This, actually, if you're starting this, you're starting your own portfolio when it comes to real estate investing.
Speaker 2:Yeah.
Speaker 1:Because they always say the first one's always the hardest, and then after that, then everything starts rolling.
Speaker 2:I even say, when you buy your first home, they say, oh, you buy a rental property or investor. Your first home is technically your first rental, yes, right. Or your first, not rental but investor property, because if you keep living there and you're paying on it, you can build equity yes, right. Or your first, not rental, but investment property If you keep living there and you're paying on it, you can build equity. You can sell it with profit. It's an investment property, for sure.
Speaker 2:I know a lot of people are like, oh, if the AC goes out, you got to pay for it, for sure. But hopefully, if your plan, the goal, is you buy your house, hey, I'm going to rent the sucker out one day or sell it one day. You know, if you rent it out, buy it in five years, rent it out and you had all these major things like a new roof, ac and stuff like that. Just know, when you rent it out, it's going to have all no issues with that kind of stuff. Even if you buy a rental property, yeah Right. Even if you buy a rental property, yeah right, even by a rental property, you're still going to have to deal with all that stuff regardless. So you, I feel like your first, your first property that you buy, regardless it's going to be rental property, your main one that's still going to be an investment you know what I mean and I was thinking too, just when you said about the equity, a lot of it.
Speaker 1:They'll build up the equity so much that what that they'll get another property off the equity that's what my plan is right now I'm my.
Speaker 2:My plan right was to save money, my own hard-earned earned cash money. But now is he gonna do fun, like life happens, on the? The money I built up gets knocked down because of this and that or whatever. But now I have equity in my home enough to where I know, like you know what, you can't really make these big moves or moves like these without money. Right, and they, you know, I think we talked about, we're going to talk about this, but, like man, you gotta get money somewhere.
Speaker 1:Yeah you gotta get somewhere.
Speaker 2:You have to get a plan together, because if someone just offered you a hundred, like hey, it's a hundred thousand dollars, you know you got a year to with it, you know what are you gonna do and like, oh man, people will probably pay their bills off. Put data up hell debt, pay the debt off, going on vacation or whatever. Like me, man, give me a hundred thousand dollars, I'll have a running property, I'll pay them back I'm gonna turn.
Speaker 1:I'm gonna turn this water into wine real fast, yeah yeah, I can have a four-plex.
Speaker 2:Now I'm paying back. You take. You take monthly installments back, because I can make that happen oh goodness, all right.
Speaker 1:Number three real estate investment trusts, which is better known as ritz, r-e-e-i-t-s. Those are you invest in publicly traded real estate companies that own income producing properties. And why is it so easy? No need to manage properties and you can start with a small amount of money, like buying stocks, because that's what they are. I have noticed that with the RITS, because I've actually studied ritz a lot it actually is that their, their properties, that, um, they're public, they're publicly traded on the stock market and then, like they do, they do appreciate in value. Yeah, because, why? Because people are living in it yeah.
Speaker 2:So it's like a syndication now, like it's, you're just getting a piece of it. Yeah, you're getting a piece of the pie. That's the property goes up. You can, you will sell out your stocks or your share of it.
Speaker 1:Yeah, and some of them don't even have portfolios of what their projection is for how many years. Yeah, yeah, yeah, and then how much, how much, how much capital that they should, at the end of the time, gain. So it's actually it's a fairly it's actually a fairly interesting how it's done. There's certain platforms that I know. It's Roots, fundrise. Those are two big places where they do the RITs on. But there's other companies out there too. You actually can, if you have Fidelity or Morgan Stanley, you actually can. Or you can Google what Ritz which ones are, the top 10, top 20. You can Google and see where it's at. You actually can get a portfolio of how they've gone about doing it the past five to 10 years and see if it's worthy enough to put your money into Ritz.
Speaker 2:Yeah, I think I did that. I think I did that. As far as stocks and intourances, and you know, with any kind of stock you're buying, you know you're always just going to watch it. Oh, yes, risk went up and down, up and down, like the house buying crash. Everything went down. You should have bought because it back up again tenfold. Right, I think the house was up like 40, 60 percent.
Speaker 2:Uh, you know, are selling, selling for food, probably 34 percent of their asking or not asking price, but the home value in the beginning, yeah, but uh, yeah, yeah, definitely, I thought I did it too. I did it too, but like I did the stock, the stock way with, uh, I think I went to fidelity, yeah, yeah, the fidelity stock and, um, I didn't see too much increase again. It's just like the stocks if it went up, cool. If it went down. You know, that's basically how it went. That's how my experience was with it, because I didn't do like, I didn't go actually into, like, the study about, like everything, what's going on with the company. Everything is more like, oh, these, these numbers look good, the data looks good, you know. So that's my fault, but yeah, I did that.
Speaker 1:Number four this, this is I got Mark's thing right here. Yeah, it's fine Off market deals, get them under contract, assign the contract to an investor for a fee. And why is it so? Easy, requires little to no front capital and can generate quick profits without owning property. So you're just going out there searching for property that looks bombed and depleted, sometimes like even the dirt, like that I have right now. I'm dealing with the property with the gentleman where he has a house. It's funny this is a quick story he has a house, but the house has no foundation. In words, yeah, yes, no, found it has. No, it has no permanent concrete slab. Okay, so it's a, it's a, it's definitely a house, but it has no permanent concrete slab. Okay, so it's definitely a house, but it has no foundation.
Speaker 2:So is it on bricks right now, or something?
Speaker 1:I never went inside of it because I, literally, if we sneezed the structure, probably would fall down.
Speaker 2:Hey, yeah, that woman knocked that sucker down, yeah.
Speaker 1:And I mean asbestos, like crazy on it too oh no yeah. Like the shingles and everything it's like it's really hazardous to your. Yeah, so, um, the dirt with the part where the property's at is way more expensive than than that the structured house. Yeah, yeah, so it sometimes be like that.
Speaker 2:Sometimes I tell people a word, especially when it comes to um, either, wholesaling, no matter what you do in real estate, it's all about location, location I was gonna say, man, you just there's locations right now in our little area with uh that that burnt down a couple years ago, yeah, and there's still some. For, let's say, a nice little one acre property. It's saying for I don't know what 50, 60k or something like that, these these properties over here are still just the dirt itself. It still has, um, you know, your plumbing is still hooked up to it and everything. But, man, it's they're saying for 100, 150, 175k. Still like, oh, there's no house on here, there's nothing on this, nothing, and it's still over 100k plus. I was like I want to buy one, just slap a uh mobile home on there, so right, remanufactured, no one, just be like all right and then the views are spectacular and with the crazy part.
Speaker 1:Like you said, the crazy part is you. You're paying for the dirt, you didn't pay for the structure.
Speaker 1:Yeah, just dirt, yeah, the dirt, the location where it's at all right. Number five airbnb or shirt torn rentals yeah, it says rent out a spare room, basement, a vacation property on platforms like airbnb or, um, I can't even say that, verbo, and then varbo, vrbo, I'll probably, I'll probably chop and screw that word up real quick. And then, why is it easy? Low barrier to entry, potential for high returns. You don't need to own a property, own property or rental, you don't need to own it. But I was actually thinking with this Airbnb, insured rentals. What should be included on this this too is, um, it's my mind, what it was. Uh, it's the, uh, the quarters, the course, the, the quarters where the mom and pop quarters, um, uh, well, like adus, oh yeah in the back, yeah, adus, um, the, the pocket, uh, the, uh, the dwelling, yeah so those also, and that's actually huge now.
Speaker 1:So a lot of what a lot of people are doing is they're building mom and pop's quarter or another room behind homes and everything and they're getting uh, they're getting income off of that. What you definitely have to watch I remember listening to a gentleman about that is, especially here in california, they're actually they're doing that and you have to find out what your state and what your county and what your city state says about this is that when you do an ADU that comes to another property, yeah, so if that's the case, then you're going to have to pay property tax on that ADU with your house, even though it's close together. Yeah, so that's the crazy part about it, because I was like what, all right, the ADUs is going to maybe help out a little bit with the housing insurers, because the housing insurer chair in the United States is anywhere between seven to nine million.
Speaker 1:Make sure that they don't be that hopefully they're part of one property and not separate, because if they're not separate, you're gonna have to pay. You're gonna have to pay taxes on that adu with your house. That makes sense. Yeah, I can see that. Okay, the next one number six real estate crowdfunding. Invest smaller amounts in real estate properties excuse me, projects through crowdfunding platforms like Fundrise and Realty Mogul. I know Fundrise. Actually, they do help out with Ritz also. Is it wise and easy? No need for hands-on management and it allows fractional ownership of high-value properties.
Speaker 2:Crowdfunding? I never heard of that.
Speaker 1:Yeah, real estate crowdfunding yeah, so like a syndication.
Speaker 2:It's Like you're putting your money into a pool and-.
Speaker 1:It's small amounts because usually with the syndication syndication can be any amount. But like typical syndication deals, it's like usually with multifamily, we get into the. I've seen some lowest 20 25 000 but usually it's like 50 to 100 000.
Speaker 2:Yeah, those syndications, yeah, I think syndication is definitely just, it's just a uh more bigger, not I don't want to say professional way, but more um, you're right, expert way of doing it.
Speaker 1:You're right, you know what?
Speaker 2:Like I feel like when you get into that you're dealing with I mean, they're all experts in their field, like whatever you know, crowdfunding, whatever it is but like I feel like syndication is just getting into just that extra, that higher level you know, because you can do write-offs and stuff like that. You can claim depreciation, you're part of the the project.
Speaker 2:I don't know if they this does it either, but yeah, this, you know, I mean just like all the the meeting and stuff, the investor meeting stuff we went to, yeah, I was like man, this feels professional, this is like you know it. Just it's just pushing a whole other level. I feel like and just like, oh, the average person on the property yeah, it is you want to do with me when getting with me and kind of, you know, maybe get a couple of best friends, your friends, together and do it, versus like, hey, we're going across country. We got people that have been doing this for years and doing multi-million millions, you know, real estate properties yeah, and then the syndication like you're right it is.
Speaker 1:It is professional because you have um, you have a person that structures basically everything, and then they look out for the investors and then they get a, they get a report, they find out how long they're going to own the property. Is it between three to five years? What the forecast is looking at, looking like at um, it's how much, how much capital, how much capital is you know how much the investors are going to get returned back to them? Because you know everybody's, you know we're all in the money making business yeah okay.
Speaker 1:And then you got the burr strategy buy, rehab, rent, refinance and repeat that. Definitely that's been I. I gotta think uh, who used to talk about that a lot. Uh is a bigger pocket. So it's like buy the stress properties, fix them up, rent them out, refinance to pull out the capital this is, this is.
Speaker 2:You know, this is the the. I think this is probably the one of the the most common strategies for just a regular person. Right, they save up money maybe get a loan, buy a rental property, fix up themselves, because it's a lot cheaper than hiring help. You know, they learn on the go Like hey, I did my own floors, I can do this house with any flooring and paint. I can do that. You know, it's probably the first place.
Speaker 2:A lot of people start Like I even thought about doing this too, and then you know it's a lot, it's a lot more work, it's a lot more um risk because you do if you're doing yourself. But if you have a team that you know some people that that that can do um touch up in your house and stuff or your own property and then get on the market asap. Yeah, that might be the the best way to go, but yeah, that's definitely the go-to one for just to have a joe. It's just like save money, get a rent property, fix it up, get it out exactly, yeah, repeat you know, why is it so easy?
Speaker 1:builds long-term wealth with minimal out-of-pocket investment after refinancing. So that's the BRRRR strategy Seller financing. I think this one me and Marcus we talked about this with that. I think it's Pace Moby. I know it's Pace Pace with the P sign.
Speaker 1:He's actually excellent with the seller financing because it's now starting to be a part of a lot of people how they're going about doing things. And he actually I want to say he's the, he's the king of seller financing. Because you can sell or finance anything, he says, just not real estate. It can be possessions cars, motorcycles, boats. You can sell or finance anything. It can be possessions cars, motorcycles, boats. You can sell or finance anything.
Speaker 1:So what sell or finance is? You buy directly from sellers who offer refinancing or financing terms instead of a bank loan, so you don't have to deal with the bank. Yeah, why is it easy? Avoids traditional mortgage requirements, making it accessible with limited capital or credit history. Yeah, he said, if anybody wants to know about Google, pace or watch YouTube's on pace and pace is a genius when it comes to come to it he actually I watched him do the seller financing. He even said that, yeah, he's actually done cars set of homes, he's got cars. You can do anything of the seller financing because you're directly, you're contacted with the person that owns that property. You don't have to deal with anything with the bank.
Speaker 2:Oh, that'd be sweet. Yeah, you know, negotiate all your stuff with that little. The only thing I think about that really hits me when you said that was like man, you can all the little bs fees, that you don't have to worry about all these little fees, and of when the bank oh, we gotta do this and that, oh, we got a little fee here and we got processes of fee.
Speaker 2:that saves thousands of dollars right there in their fees yes uh, I, I gotta look into that too, because, uh, man, that might, that's probably. You just gotta find someone that's gonna willing to do that. I guess that trust too. You know like I could throw those and get contracts in and how's it, how they're gonna um structure it? You know, say, if you want to sell the house, you want to refinance the house, you want to take you know take money out of the house, how does that work if it's not not a bank, I guess?
Speaker 1:newsflash. Just want to let you know, because our next episode we're going to do a step-by-step how to go about these financials. Just to let you know, there it is.
Speaker 1:I already have it right here, hot off the press right here in front of me, so I just want to do this one right now, the 10 ways, but yeah, I have it pretty structured down how to go about it. I'm not a genius about going about it, but I do know a couple of things, and not as good as Pace. But Pace is the man I'm going to tell you, like I said, google or watch his YouTube videos on seller financing.
Speaker 2:He'll open your world up to a lot of things, and the thing is, it's nothing new, it's just something that not many people dealt with and I feel like when you go through the banks, everything's so just cut and dry, like, okay, this is gonna do this, do this, and it's so fascinating. I feel like it's gonna be a lot more. Like, okay, you have to understand what's going on. Like, hey, this is what we're gonna do. This is more, because I remember when I did my loan through the bank, the mortgage company, I was like I didn't know, not like what is this? Why are you paying two aprs? What is this? What is it? He's like oh, this is what you're gonna pay yearly, but this is what our rank is for this year I'm like what was that?
Speaker 2:so you know you gotta know a little more. I feel like when you do that or you've done a little, know a lot more when you do a self-finance, because you don't just get into something and some message over. Because I feel like when you go through a merch company you kind of have the security of like and they, this big company, messes with me. I can sue them or something. Yes, versus like self-finance. How big is this person? Have they done before you know what are the legal implications of?
Speaker 1:maybe not going well, exactly. Yeah. Yeah, that's going to be our next episode, because it's actually interesting how, how it goes about doing I've studied, I'm all studying something so fast that he about this and everything. But is it? We got a. It's gonna be a step-by-step guide how to go about to do it and everything. Nice, alright, and then number nine I no-transcript. People do yeah, that's a great strategy. That's another strategy.
Speaker 2:I don't know, they're gonna do it now. Now you got a three percent, two percent interest rate, you want to. You want to sell that, like, oh, you know what? I know some people that sell their own homes. Uh, now that they got with really good straight, dude, just keep that sucker. You know you didn't have that sucker paid off and you're never gonna get that instrument ever back again.
Speaker 2:But the the price state, the price that they sold their house for was so worth it. They put their house on the market and it went the way the I don't know they said, said they said they what they sold it. They bought the house for 380, 390 and they sold it for 475, 465. Oh, they got a nice amount. They got a huge chunk and only thing they did was make the driveway nicer for, like, rv and stuff. There's little tidbits. They did, I feel like, um, to make the house really nice and the location was amazing, uh, and they put on the market. The next day they sold it for you know that I think around that that price, that's great that's so crazy.
Speaker 2:But then in my hand I'm like, oh, that could have been a good interproprietary. But you know it's your extravagant. You know they lived there for three, four years. So that was their strategy was to get up. And I was like you're never gonna find that house again and that price you're looking at what you just sold the house for probably gonna be 500k, yeah, but what you got for three bedroom, uh, four bedroom, three, two, four, four bedroom, two and a half bath, pool, rv, parking, awesome neighborhood for the sec.
Speaker 2:They got they got their money back and some, but oh man yeah that's really good, I don't know. I want to, I want to, I want to rent it out, I want to not turn that, I want to not sell it and then number 10 I was going to make.
Speaker 1:Number 10 is partnering with experienced investors. Join forces with an experienced real estate investor providing capital and labor or expertise in exchange for a share of the profits. Why is it easy you gain hands-on experience with leveraging the knowledge and network of a seasoned investor. I actually wrote this down on an index card. They said, even like a person who's new and they want to learn, see, if you talk to individuals, see if you can get like a one or 2% interest into the investment. Yeah, that, right there, that even starts a portfolio. Yeah, that even starts a portfolio. They said, yeah, so like you can counteract that because I was watching that. That was something really vital to me and anything I hear and I think that can be vital for me in the long run.
Speaker 1:I write down because you know so much distractions nowadays you forget. You're like I remember something but you forgot it. So I always write it down. But yeah, I read that so you can ask the individual like, hey, I want to be a part of this. I don't know what I'm doing, but I know a little bit of knowledge. Can you help me with the expertise? I want to get my feet wet. Can I get into this to like 1% or 2% interest, because I'm going to start my portfolio?
Speaker 2:You can go by doing that.
Speaker 2:Man, when I think about partnering with experienced investors, I think about everything, I think about syndications, I think about even investing with your friends or family that know that are doing it. And then there's so many different boot camps and programs where they teach, you know, knowing that, teaching how to invest and all that stuff. But, like every time I look into these programs or these boot camps to learn how to invest and stuff like that, there's always, I feel like there's always a catch, and the catch is whoever you're going with wants money too, and it always feels like, if you're really here to help me, you know why does it feel like you kind of take advantage of me? I'm giving so much money. But I start thinking about it, man, and I think we talked about this like actually going into, you know, one of these uh uh week, two week courses or boot camps they call it to to learn how to invest and how to get into properties and get into syndications and all this other stuff.
Speaker 2:And I remember we went to one um uh seminar. It was like you want to get in with this today. Today only, yes, 25, 2500. You sign up today and you can get this, this and this, and at the end of it, if you don't like it, get your money back. I almost feel like a little pyramid scheme and stuff like that. But then I started thinking about the people that have the knowledge and time to teach you. You know, their time is always valuable. Yes, it is. And if I was a multi-billionaire millionaire and I got everything I ever wanted, everything I ever needed, at the end of the day, you're not truly happy until you start giving away that money. You start giving back because you have all this money and you just I heard, just, I think people the rabbit, I heard him say it's like when you truly have this, when you start giving away your money, giving away wealth and stuff like that.
Speaker 1:Yes, you know but uh, it's like the bible proverb it's more happiness than giving than it isn't receiving yeah, man, um.
Speaker 2:So I was like thinking about this. Like you know, these investors and stuff, uh, they all have a piece of the chunk. Well, if they help you, they want a little bit of return and it's almost like, uh, they need their time, uh, to be worth it to help. Okay, that makes sense. And the same time is like it, it, if you're going to want to invest so much money into, um, the program, into these, um, uh, boot camps, then for the investors to be like, okay, they're serious because they're going to invest right, so like, okay, it's like a catch-22. Like you know, you do one thing, he does one thing. You both are like on the same page, because what no one ever wants is to get screwed over by the, the experienced investor. Right, because you feel like you can, you can take advantage of, because you got a lot of times you put your own money up. At the same time, your investor doesn't want to get screwed over by someone else that's gonna slack and not really learn or anything. It's not like okay, okay.
Speaker 2:But then I started really thinking about it. Okay, I love to partner with some investors, anyone that knows what they're doing, but it just, it really just comes down to how is your relationship with that person or that that uh company? Are they reputable? Do you have a good communication? You know their track record's good? Because there's some people that I know or I met that wanted to buy random properties. Like, hey, we should go on one. I'm like where I met that one of my rent properties and like, hey, we should go on one. I'm like I'd love to go to rent property. Like, let's do it. You know, I we can put up half half. And then I started looking at them and seeing what they're doing in life and I was like you know what I don't?
Speaker 2:want to go like this guy, he has a, he has a really shady record. You know it's like, oh, you know, so no, and then other people like if me and you, you're like, hey, let's do it, you know, but yeah, let's do it. But then you know, like we don't got that experience yet. So I was like, oh, you know, so like we kind of dig on both self and the whole. So I was like, how you know, haven't really done it yet. You know, we know, we know enough to get in trouble, right. So I was like, ah, so it's always like we have great communication, everything and and and we might be fine.
Speaker 2:But then the experience, like, okay, if this guy experienced, but he's, I don't want to work with him. Yeah, this guy we're not too experienced, I love to work with him. So it's like you gotta find the investor. That's what I've been thinking about, because I've been like man I go. If I just find that one person, that rocky, I'm gonna show you the world, I'll show you because I gotta do it. But you gotta keep me down so much I'm like I hope the game's going to be over but here it is let's do it.
Speaker 2:I'll take a risk, you take a risk and hope it works out. Because I would love to find that one individual like hey, rocky, I love what you're doing, I love your mindset, let's, I'm gonna help you out. Oh, let's do it. You know, game over, I mean right or get started, you know exactly, yeah it yeah it's definitely a mindset shift.
Speaker 1:Also, your net worth is your net worth. Yes, you also have to, like you said, credible people, people that you trust, check their track record. And, the most important part I got to say this now because this is 2025 and amping up everything, you got to watch this podcast, the Professors Real Estate Investing Podcast. Why? Because I'm going to have people who have years of experience, who have over $100 million that they've sold in real estate and that's their goal, that they want to have when they're 50 years old, because they know what real estate does and how it can change a person's life and you know what it does too.
Speaker 2:They truly want to uh just spread the knowledge. Like when you talk to them, they're like look, this is what I did, this is where I came from, and I just want to spread the knowledge. Let you know what I know. You know hopefully inspires people, might even get people, um, you know, changing their whole investment strategy and everything like that's the kind of people want to get with some people you have on your podcast, like man, that's that's. You know. They're at that point like yo, I'm making plenty of money, I don't need to do this, but I want to do it because I want to help.
Speaker 1:I want to uh get out there, you know, tell people experience and stuff like that and I would say make, make the world a better place, yeah I'm like, oh man, that's so cool.
Speaker 2:Yeah, I'm like you're straight from manhattan, I'm over here in cali. But hey, exactly, yeah, yeah, this much money and I know this much, what should I do with it?
Speaker 1:and I always and I always say like, especially with the podcast, because I listen to several of them, everything like I've learned so much. It's in. Actually, you know it, like snoot would say, it's free game, hey it's exactly free game, it's just like. Are you going to accept it? Are you going to apply it in your life?
Speaker 2:yeah, yeah, that's true, man, it's free game, you guys yeah good, even if it's good or bad, because you can always take both Like hey, that's horrible, I don't want to do that.
Speaker 1:Yeah, even the bad advice you'll learn from that. You're like, okay, I need not go down that avenue, because I know where this is going to lead me to, because I see the consequences.
Speaker 2:Oh for sure, my buddy, he's renting his property and we always talk about this. He's we can, you know, we can, sell this house and buy, buy some, uh, cheaper homes. But then you know, your, your people you rent to they might not be the best tenants, right. And then we're talking about, like income taxes and you know write-offs and stuff. He's like, well, you know this one guy we know he's not, I'm pretty sure he's, he's renting for cash and he's not claiming on his taxes lines. Oh man, I had a huge, long conversation with my buddy about this, with you about it. I was like, man, you don't want to go federal prison. I think it's 10 years, 10 years, 5, 10 years minimum, like 10 to 15 000 fine, uh, federal prison for tax evasion, like I don't are you?
Speaker 1:kidding me, that's not worth it man, that is not worth it Do everything legit.
Speaker 2:Be around people that are doing it right.
Speaker 1:Yes, it is Indeed. So, yeah, this is the top 10 ways, easy ways to get into real estate investing, in particular order. Anything else. I mean we're in 2025. Now we got a new change of guard, mr Donald Trump as president my viewpoint with him being as president, just in real estate investing. I think there are certain things that are going to change. I think they're going to change because everything was the depreciation. I think he's going to probably go back to, eventually, 100%, like it was before.
Speaker 2:Oh nice.
Speaker 1:I wouldn't be surprised, because that's what he did before and he actually he helps investors in what comes to real estate investing, the structure and everything. So I think that there's going to be a lot of good things happening in real estate investing. I view that the interest rate it's going to go down, maybe a little, but it's not going to go down like it was in COVID.
Speaker 2:Yeah.
Speaker 1:COVID, it's not going to be no 2% or, like one person I've said before, I seen the gentleman, he got a 1.99% those days, that, that, those days, that that was his, that was going to pandemic, that was a worldwide pandemic that changed the whole, yeah, the whole structure of everything about life. So that won't happen in our lifetime, maybe in the next lifetime but with our great, great grand kids, but not in our lifetime.
Speaker 1:and I think, yeah, I think this is the year if anybody wants to especially with, I believe, him in the office I think it's going to be the best time for people to invest, to get into invest and get into it. Every time I'll say this there's no bad time to invest. Yeah, Because the only thing basically is is the numbers. Is the numbers right for you to invest? All right, Is your return going to look good? It's all about running the numbers. Right for you to invest? Is your return gonna look good? It's all about running the numbers. I know I've said a lot of Grant Cardone and he's always about this is the numbers right?
Speaker 2:Yeah, your return is gonna be good. You know how much money you have saved up. Can you afford it? Is it worth it? What's your edge of strategy? Yes, Because your edge of strategy means you're gonna be out by a couple years like I can do it.
Speaker 1:A couple years or whatever the long-term game is, and then and then getting real estate investing too. Like what's your why? Why do you want to get into it? Like you have to ask yourself some heartfelt questions. Only you can ask and answer, that's true, and then you'll come to, you'll come to realization. Okay, this is the reason why. All right, how do I go about doing it? A lot of people start off Inquiring, like me. You, well, we read, we've read books, we've listened to podcasts, we've um, we've list, we've been the seminars. It's just, it's your mind shift. Your mindset has to change for it, for the best for sure.
Speaker 2:Why, yeah, why you want to give, why, why you want to get investing in anything, exactly markets. You know why you, why you, to ask people, why do you invest in your phone? Okay, like what's what. Why are you doing that like what? Why just take money out, right, you don't have to, you don't have to invest. You have to invest in that and just keep the money all day, every day, and and just spend it saving your own bank account, whatever.
Speaker 2:It's like, oh, for a rainy day, or for me, it was like I have a family now and like when I pass away or if they want to go, you know it's college or need any help in the future. You know what, what kind of savings I'm going to have, you know? Retirement for my, for my future, for me, my spouse, my kids. You know what can I leave behind? All those little things start popping in when I have kids. But, uh, you know, just financially, um, people, just, you know, don't have to invest at all. But, yeah, why are you invest? Because that can. That's just that, honestly, why you invest is that your, your hugest, your biggest motivation. Yes, if you have no motivation to do nothing, why even get out of bed, like those people say I don't, I don't make my bed because I'm just get back into it. I'm like, oh, you're gonna invest. Then same thing. Like, yeah, you know like why even do it then if you're not even worried about it? So I get it.
Speaker 1:But the why is definitely, yeah, the why and it comes down to that because a lot of people are, especially in this era, with, like I said, with COVID and everybody especially with COVID. So I always say a lot about COVID because it actually changed my life a lot At the time, like nothing was going on, the world had stopped. There was nothing going on. I mean, the world stopped so much that it was healing itself. Animals that were coming from out, in the mountains, in the countryside, were coming into the city limits. Why countryside were coming into, um, the, the city limits? Why? Because they didn't hear the factories, they didn't hear any noises. Everything was shut down. So the earth was healing. We didn't know how to react as humans because we've never, ever been shut down, everything down. And then what? What happened? Everybody had internet. You had to have internet because there was nothing to do.
Speaker 1:Yeah, and then a lot of people started studying about real estate. And then I still, this is 2025, there's so many remote jobs. And then a lot of people are like, well, why should I go back to work? And then there's people like you know what? I shouldn't go back to work because I'm going to invest my time in real estate investing yeah because I'm gonna I'm gonna make my money work for me.
Speaker 1:I'm tired of working for the man all the time. You know what I mean. Like that's, that's, that's another motivation. Exactly. I'm like you, you have, and then I work 40 hours a week. You're just, you have, everybody has a social security number. Well, just surprise, that's all. You are at your job and you can tell how many people are getting laid off and fired nowadays. Like you, just, you're just a number. So you have to think for yourself now. You have to you. It's not being selfish. You've got to think for you.
Speaker 2:I tell everybody.
Speaker 1:It's like what's going to, what is the healthiest move for you to make? Yeah, and then that's how you'll know, like, is this a healthy move or not? Is this, is this going to? Am I going to benefit out of making this move? Yeah, and we know, me and you, we know the escape out of everything when it comes to financial literacy and financial gain, and everything is real estate investing, because I mean there's other ways, but the most bona fide way is real estate investing?
Speaker 2:Yeah, multi-billionaires are doing it, and was anyone that has any kind of you know, large amounts of money or income? They, they have. They have investments in something if it's stocks, real estate or something and every single portfolio I can't guarantee they have real estate. So, yeah, you know the multi, these rich, super rich people are doing it. They know something and the more you know, the more you research and look into, it's like, oh, I see why people are doing it. They know something and the more you know, the more you research and look into, it's like, oh, I see why they're doing it. And it's crazy because the average person can do it too, you know, maybe on a smaller scale, but you're doing it at your level. You know there's always levels to this game, but if you do it, you start. As long as you start, you know you can, you can definitely build some kind of wealth. Better on, it might not be huge too, like it's not a quick no quick rich scheme it's a long game, but it's a you know the long, the long game.
Speaker 2:Sometimes you know people are retiring. They have no, they have no kind of investments except just 401k or whatever it is, and then they're for pay plus security and they're coming.
Speaker 2:You know they're coming back to work in their 60s because like, oh man, money ran out. So it's like it's just a, it's just a little backup. You don't have to go in hard, you don't have to go like I'm gonna get 50 renter properties and do this, that when I make money over handle or fists, like sometimes, just get one renter property. It might change your outcome. Because if you get one renter property, say for 300k you, you, you own it for 30 years. It's paid off. Rainy happens, you get sick, whatever you sell that house, you, you know, depending on the inflation and everything, you could have sold the house for 450, yeah, and now you have 450 in your account. Um, you know, for that it might not be all the retirement money you're ever going to have, but now you have something that you, you just invested in and I'm glad you said even one property, because I have a picture on my phone that says one property can change your life.
Speaker 1:You can be the, you can be the owner, you can be the the, the property manager. You get the appreciation, depreciation value off the home. You can be all in one, just off of one property.
Speaker 2:That's my goal. I just need that one.
Speaker 1:A good one.
Speaker 2:That's it. I'll start building from there. I just got to stop that one.
Speaker 1:All right world. That's the end of this podcast episode with Mr Rocky. Like us, subscribe on the Professors Real Estate Investing podcast on YouTube investing podcast on youtube and we're on spotify and definitely, uh definitely, on the apple I had to think real quick, apple also and it's like all the media platforms of um of other podcasts.
Speaker 1:I do know that we are here, yeah exactly, yeah, so we had to bring this show to you live and direct. And, um, we had to bring this show to you live and direct. And man 2025, here we are, super Bowl weekend. Yeah and yes, just wanna let everybody know be safe and God bless BP and with peace, all right, peace.