Should You Invest in Crypto or Real Estate in 2021?

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This Money Monday$, find out which investment is best in 2021 between cryptocurrency and real estate!

VIDEO TRANSCRIPTION

00:00
monday monday monday monday monday money
00:02
money
00:03
mondays we do this 3 30 central standard
00:06
every week every monday we only miss two
00:08
a year and we have
00:10
one lap two weeks ago for memorial day
00:12
yeah well that’s a
00:13
that’s a legitimate reason what was the
00:15
other one we skipped this year
00:17
it was because we had a freaking we had
00:18
the freeze oh yeah we had the fridge
00:20
we couldn’t even get on the highway so
00:22
we would have come
00:23
but you know but ferris was scared to
00:26
drive and
00:27
i mean i was here and he just didn’t
00:28
show up
00:30
ben was happy you know he thinks it’s uh
00:32
the one day a year that
00:33
he he outworks me
00:36
funny funny funny all right man well
00:38
let’s get right into it so what are we
00:39
talking about today
00:40
what are we talking about today should
00:42
you invest in crypto or
00:44
real estate in 2021 and are they
00:46
comparable
00:47
is the other really big question too no
00:49
there’s definitely some pros and cons
00:51
we’re gonna get into some of the stuff
00:52
we encourage we want this to be an
00:53
interactive show so if you guys
00:56
like something about crypto versus real
00:58
estate or have some comments
01:00
please drop those in there give us a
01:01
like give us a share that’s their
01:03
biggest compliment
01:04
you know and ultimately whenever we get
01:05
to the q and a section it doesn’t have
01:06
to be about crypto doesn’t have to be
01:08
about real estate
01:09
we just talk about in general just ask
01:10
questions right it’s an ask me anything
01:13
uh part of our show right so we’re gonna
01:15
get right into this so
01:16
in this episode we will learn the
01:18
differences between crypto
01:20
and real estate investing and ultimately
01:22
which investment vehicle
01:24
will make you more money oh that’s a
01:26
bold statement
01:27
that’s impossible that’s a very bold
01:29
statement but let’s get into it today’s
01:31
show all right
01:32
shanna’s out there laughing at me come
01:35
on you’re supposed to keep this
01:36
professional shanna it’s the
01:37
incompetence it just exudes off of you
01:39
then she just hey i
01:41
read that perfectly all right so what
01:43
exactly is cryptocurrency man you’re the
01:45
you’re the tech
01:46
guy you know you’ve been no you know
01:48
about this for a while i dug into this
01:49
back in 2012.
01:51
i think is when i just got into it and
01:53
all cryptocurrency
01:55
is is it’s it’s become kind of a digital
01:57
currency but really what does that even
01:58
mean right
01:59
i’m sure most people already know i’ve
02:01
heard of bitcoin right all it is is
02:03
think of it as basically with any
02:04
currency right i hand you a dollar
02:06
there’s a verification the dollar is
02:07
legitimate and there’s kind of
02:09
verification that i had that was my
02:10
dollar
02:10
right cryptocurrency does the same thing
02:13
so there is essentially
02:14
a way to identify a piece of currency
02:18
right a coin so to speak right
02:19
it’s got its own little unique
02:20
identifier and there’s a transaction log
02:23
right and there’s a way to verify that
02:25
if i give it to you i’m the one that had
02:26
the right to it right and
02:27
what makes you know what to me whenever
02:29
i dug into crypto
02:30
the thing that actually made it really
02:31
interesting is the basically the way
02:34
it gets verified right yeah more than
02:36
half the machines are all out there
02:37
computing
02:38
what is mining they’re actually going to
02:39
say so but people are like what is
02:42
crypto mining they think it’s like you
02:43
know you’re out there with an axe or
02:44
something right you know like you’re
02:45
mining gold
02:46
talk about the mining process no i mean
02:48
essentially they are
02:50
doing work right which is verifying the
02:52
transaction
02:53
in return for that they’re getting paid
02:54
for that’s the simple list of ways to
02:56
think about it
02:57
and they get paid in crypto and the more
02:59
mathematical ways of figuring out unique
03:01
uh what’s it called they’re they’re
03:03
figuring out basically unique numbers
03:05
that are non-divisible but anyway that’s
03:07
that’s a longer that’s a much more
03:08
mathematical thing all right
03:09
so i would say it’s also you know it’s a
03:12
decentralized way
03:13
of yeah and you know exchanging the only
03:16
way of doing it
03:18
crypto is one of two things right either
03:21
you know we we get into quantum physics
03:24
and you can
03:25
do these infinite amounts of
03:26
calculations needed to guess or
03:28
you you own more than half of the
03:30
hashing power right so half the
03:32
computers in the world out there that
03:33
are doing crypto mining so to speak
03:36
you know if someone has more than 50
03:37
percent of it then because the way it
03:39
works is basically if i say
03:40
if i’m a computer and i say something in
03:41
your computer and you say something and
03:43
someone else is a computer and say
03:44
something right
03:44
basically what is true is the
03:48
the the the super set of them right the
03:50
ones that say the most are correct
03:51
right so it’s a majority it’s a majority
03:53
thing right and so but if i am the
03:54
majority i’m more than half then i can
03:56
say whatever i want
03:56
i can say oh ben gave his coins to
03:58
ferris you know and now i have your
04:00
coins
04:00
right but it’s so there’s so much scale
04:03
out there now it’s so
04:04
popular centralized right you know yeah
04:07
it’s very very difficult that’s that’s
04:08
the
04:08
it’s not controlled by a government it’s
04:10
not controlled by you know an llc or an
04:12
entity or a company or a firm
04:14
right there’s all these kind of more
04:16
mom-and-pop mining operations now
04:18
there’s obviously bigger ones out there
04:19
too right
04:20
you know that are going to have you know
04:22
hundreds of these mining you know
04:23
operations right there under you know
04:25
some kind of data center
04:26
but the point is is that it’s
04:28
decentralized it’s not controlled by say
04:30
the united states government or the
04:31
chinese government
04:32
and you know because of that it got a
04:35
little bit of a bad rap at first
04:37
you know and i think people ultimately
04:39
still use it for nefarious ways so
04:40
obviously you know
04:42
that’s why you know people are trying to
04:44
try to wrap their arms around it from a
04:46
government
04:47
you know regulation standpoint but it’s
04:49
also a great way to get off of being
04:51
dependent on a certain
04:53
currency as well right you know right
04:55
now what’s happening in the in the with
04:57
the federal government is that they’re
04:58
printing a bunch of dollars right
05:00
so that’s leading to inflation that
05:01
means that a purchasing power of that
05:04
dollar
05:04
is decreasing right and so you know if
05:07
you can have you know cryptocurrency
05:09
doesn’t have to necessarily be bitcoin
05:10
maybe it’s something else right be some
05:12
store of wealth
05:13
and be a way for people to exchange
05:15
goods and services
05:17
and get paid in that way and then that’s
05:19
a good thing right
05:20
you know and ultimately we’re not here
05:22
to debate politics or what’s right or
05:24
what’s wrong
05:25
we’re just talking about this from an
05:26
investment standpoint so we wanted to
05:27
give you the background on what exactly
05:28
cryptocurrency is
05:30
because a lot of people just simply
05:32
don’t understand it
05:33
so we’re going to get amendments wrong
05:35
so hey whoa whoa
05:36
there’s no debate needed ouch ouch that
05:39
was the first zing
05:40
all right you got to get the ball joke
05:41
in here pretty quick all right pros and
05:44
cons of real estate
05:45
all right so some pros a lot of people
05:47
that follow our show
05:49
we talk about real estate we’re real
05:50
estate guys we love multi-family it’s a
05:52
tangible asset
05:53
right you know you’ve got appreciation
05:56
on your real estate it’s going up
05:58
right you’ve got tax benefits that are
06:00
tied to commercial real estate
06:02
you’ve got cash flow that goes along
06:04
with it you’ve got
06:05
long-term returns that are fairly stable
06:08
right i mean and don’t get me wrong
06:10
kovid probably slowed down a lot of
06:11
people’s returns but
06:13
over time real estate tends to go up
06:16
right so that’s some pros of real estate
06:19
so let’s talk about some of the cons
06:21
right there’s a lot of operational
06:22
maintenance that goes into at least
06:24
multi-family
06:25
right you’re going to have to have some
06:26
staff forgot to do a lot of work
06:28
operating my bitcoins
06:29
oh no really set and forget it right
06:32
with no
06:32
well i think we both forgot that we had
06:34
some right or at least i did
06:36
and then you know i forgot that he had a
06:38
2 000 stashed away
06:39
from a while ago you know yeah i was
06:41
like oh yeah i have that coinbase
06:43
account
06:43
you know but anyway so there’s a lot of
06:45
maintenance you’re working your real
06:47
estate portfolio
06:48
every day right not always that liquid
06:51
right you got a big 20 30 million
06:54
apartment complex right
06:55
there’s not going to be like hey you
06:56
want to buy it oh yeah you want to buy
06:57
it okay cool
06:58
right it’s not like a quick transaction
07:00
like a stock
07:01
or in and what we’re about to call what
07:03
we’re about to talk about cryptocurrency
07:05
uh sometimes it could be you know high
07:07
barrier entry right it can cost a lot of
07:08
money to get into
07:10
real estate right even if you’re buying
07:11
a single-family home you know at this
07:13
point especially with where
07:14
prices are you’re probably at least a
07:15
hundred thousand in right unless you’re
07:17
trying to buy somewhere that’s a little
07:19
bit less desirable maybe you can get
07:20
something for five figures
07:22
but i’d say at least 100k of that you’re
07:24
gonna have to at least come up with
07:25
probably 20
07:26
of that so you’ve got to have at least
07:27
20 000 and even to get into a
07:29
single-family home
07:30
right and some people don’t have that
07:32
right so stocks
07:34
and cryptocurrency is going to be a
07:36
little bit less barrier of entry yeah
07:38
maybe one other thing to add
07:39
is how pro for me of real estate is it’s
07:42
valuation
07:43
it’s valued based on you know
07:44
performance really yeah right
07:46
there’s a mathematical way to know what
07:48
your real estate is worth so to speak on
07:49
the commercials
07:50
a little bit yeah it’s a little bit of a
07:52
little bit market even even the
07:53
residentials are still comps right
07:54
you’re
07:55
you know whereas like there’s not an
07:57
emotional as much of an emotional piece
07:58
of real estate right no it’s true
08:00
so you know but on the commercial
08:02
absolutely right i know my real estate
08:03
is worth approximately right well that
08:05
and i love that you can force
08:06
appreciation too right we’ve talked
08:08
about on this show right you know i mean
08:09
the market will dictate
08:10
somewhat what your what your property is
08:12
going to be worth but if you come in and
08:14
you’re operating it way more efficiently
08:15
to
08:16
the next guy or gal you’re putting in
08:18
higher finishes that are then resulting
08:20
in higher rent
08:21
the value of your real estate is going
08:22
to go up you’re actually pushing
08:24
the the appreciation and pushing the
08:27
value which is important
08:28
right you’re not going to get that on
08:29
some other stuff right so let’s talk
08:31
about some of the pros
08:32
of cryptocurrency right low barrier
08:34
venturing i mean if
08:36
there’s all kinds of exchanges these
08:37
days i’ve got a coinbase account there’s
08:39
other ones there’s
08:40
a lot just be careful some of them are a
08:42
little shady
08:43
um you know there’s some long-term
08:45
potential you know i think what we’re
08:47
what what me and ferris like about it is
08:50
is not necessarily the currency
08:52
component right but the blockchain
08:54
technology that
08:55
bitcoin and some of the and this other
08:57
technology is built upon
08:59
right which is the verification of a
09:00
transaction
09:02
right you know so there’s a ton of
09:03
long-term potential in this outside of
09:06
just being a currency
09:07
right no maintenance like we said we at
09:09
least i forgot that i had bitcoin
09:11
so until it started going on a tear and
09:13
i was like oh i got that
09:14
and i haven’t even touched it right you
09:15
know and i think that’s going to be my
09:17
rainy day fund hopefully it doesn’t go
09:18
back down to
09:19
3000 again when i bought it last but who
09:22
knows right at the end of the day
09:23
this is you’re playing it’s like going
09:26
to vegas folks
09:27
there’s extremely high risk getting into
09:30
cryptocurrency
09:31
and you should allocate i’d say no more
09:33
than one to three percent
09:35
of your whole entire investment
09:36
portfolio to something like this
09:38
right and assume that you’re going to
09:40
lose every single penny of it so i want
09:42
to just put that out there as kind of a
09:43
disclaimer
09:44
but no maintenance you don’t have to do
09:45
anything buy it and forget about it
09:48
potential hedge to inflation who knows
09:50
right you know i think that that’s a
09:52
that’s where some people are saying hey
09:53
you know is this a store of wealth
09:55
you know could this if i put my money in
09:57
bitcoin could this go up in value versus
10:00
the the the purchasing power of a dollar
10:02
possibly yes so i think that people are
10:04
talking about this as a potential hedge
10:06
right um and then like we talked about
10:08
the technology behind it there’s
10:10
additional applications that it could
10:11
potentially be used for
10:12
i think people this is something that’s
10:14
going to be you know probably over the
10:16
next 10 to 20 years can be fleshed out
10:17
there’s gonna be a lot of things right
10:18
from title work to real estate to
10:20
a lot of other things and other
10:22
applications and i and i’m kind of
10:23
excited that’s really what i’m excited
10:25
about
10:26
not necessarily bitcoin itself right
10:29
which is kind of the grandfather of them
10:30
all
10:31
but some of these newer coins and some
10:33
same i mean what about one of our first
10:34
one
10:35
crypto the interesting thing with the
10:36
blockchain yeah right all the things
10:37
that can be built on we’re already
10:38
starting to see that right
10:39
around how people are trying to do real
10:40
estate in the blockchain and how to do
10:42
you know it becomes a creative tool
10:45
where again you’re not just dependent on
10:46
some centralized government organization
10:48
yeah it’s publicly documented right
10:50
around kind of what the audit trail is
10:52
so to speak so
10:53
tbd on that but really you know that
10:55
leads to the first con right yeah
10:56
very volatile it’s extremely volatile
10:59
it’s all
11:00
emotional driven whether it’s elon musk
11:02
saying
11:03
x and you know today crypto’s back up
11:05
because he said actually we will start
11:07
to
11:08
you know accept bitcoin right it’s
11:09
emotional driven right there is no
11:11
mathematical way to value it
11:13
it’s just about hey the future potential
11:15
of it and is it bitcoin or is it a
11:17
different
11:18
currency right yeah is it ethereum is it
11:20
litecoin is it whatever it might be
11:22
right there’s a thousand different ones
11:23
out there
11:24
summer like dogecoin are really kind of
11:27
you know they were started off as a joke
11:29
you know you have to realize that some
11:30
of these coins folks are just they’re
11:32
they’re essentially just putting
11:33
be putting out there just you know to
11:35
see if any sucker is going to buy them
11:36
you don’t believe in doge
11:40
we’re not getting we’re not being
11:41
getting into the politics of some guy
11:43
that built it around his dog that he
11:44
loved right you know
11:45
um it was a meme on reddit sorry i mean
11:48
meme on reddit all right
11:50
so you know bottom line it’s high risk
11:53
come on in guys
11:54
you know it’s high risk it’s not a
11:56
tangible asset right you know at the end
11:58
of the day
11:58
real estate you know is you can look you
12:01
can feel it you can kick the tires on it
12:03
right you know just like a stock
12:05
at the end of the day you can’t hold
12:07
that in your hand now in the past yes
12:09
you had stock certificates we don’t do
12:10
that crap anymore right
12:12
you know it’s all online cryptocurrency
12:13
is the exact same thing right
12:15
so those are some of the cons that you
12:17
know we see some of the pros
12:19
same thing with real estate if you know
12:20
of any drop them in the comments
12:22
love to hear from folks yeah so monday
12:24
mondays every monday 3 30 central people
12:26
have comments questions feel free to
12:28
drop them
12:28
we usually spend about 20 minutes
12:30
presenting in 10 minutes open q a it
12:32
doesn’t have to be about this topic and
12:33
if you have ideas
12:34
for future topics let us know please
12:36
please we’re running out
12:38
of things to pull out of the hat here
12:39
you know so we want this to be
12:40
interactive and a never-ending list my
12:42
friend
12:42
never ending never ending no no we we
12:44
get a lot of these topics for people to
12:46
just kind of reach out to us so please
12:47
if you have any that you’d like us to
12:48
talk about
12:49
let us know we’d love to kind of go
12:51
through them so you know i think
12:53
in summary right real estate is a proven
12:57
way to build wealth over time right rich
12:59
slow game but yeah are getting rich
13:01
yeah that’s crypto you could ride it to
13:03
the moon and make a lot of money
13:04
possibly but you also
13:06
may lose all your money just as fast so
13:07
you know but and i think
13:09
i think it all boils down to investing
13:10
is all about diversification
13:12
you know like i had said earlier right
13:13
you know one to three percent
13:15
go play with crypto go play with an
13:17
alternative investment right that might
13:18
be higher risk higher reward
13:20
and i think you just need to realize
13:22
that you could potentially lose all that
13:23
money
13:24
right so as long as you’re you’re
13:25
keeping that allocation to a minimum
13:28
and you’re ready to ride the wave go for
13:30
it right you know we know some people
13:32
have made a lot of money on bitcoin and
13:33
on
13:34
on cryptocurrency right but you need to
13:36
diversify your portfolio and that
13:37
includes stuff like cryptocurrency that
13:39
includes
13:40
stocks that includes you know real
13:43
estate right and within real estate as
13:44
everybody knows there’s a thousand
13:45
different niches that you can get into
13:47
right i think you should do different
13:48
things within real estate too
13:50
right so we’re not here to say which
13:52
one’s better
13:53
um you know i know the crypto bros are
13:55
going to kind of pile on probably and
13:57
say hey you know
13:58
they’ve made 10 000 return and real
14:01
estate’s only made
14:02
you know a thousand at the same time
14:03
right so therefore crypto’s better
14:05
i think that some of that is because of
14:07
the the
14:09
the newness of cryptocurrency and people
14:12
piling into it because they’re seeing it
14:13
as almost a get ripped
14:14
quick scheme whereas real estate’s been
14:16
around since the donna time
14:18
right it’s proven it’s there it’s
14:19
tangible and it’s gonna
14:21
continue to go up over time um and so
14:24
you can kind of see which way i’m
14:25
leaning even though i have some crypto
14:27
um you know but also real estate so we
14:30
have a little bit of real estate too so
14:31
drop it in the comments let us know
14:33
what are you crypto or what are you real
14:35
estate let’s know
14:36
so open q a so let’s see it’s a couple
14:39
comments so
14:40
jason contreras crypto is more like
14:42
gambling i meant
14:43
investing in cryptos like gambling yeah
14:46
it is no it absolutely is
14:47
you hit it big or you could not hit it
14:49
very big no no i mean i think that
14:51
that’s important to understand
14:52
is that you know that’s why i want you
14:54
to keep your portfolio allocation down
14:56
to a minimum
14:57
right you know and i talked about it and
15:00
you know what percentage of portfolio do
15:01
you allocate
15:02
you know once again one to three percent
15:04
tops somebody say a little bit more i’d
15:06
say you’re probably being a little bit
15:08
you know aggressive in that um you know
15:10
and as far as real estate you know
15:12
anywhere from 20 to 30 percent of your
15:13
portfolio and let’s see everybody amanda
15:16
who by the way did an event sunday
15:18
congrats i totally did not make it out
15:20
there but
15:21
you didn’t get the invite i got i got
15:24
the invite
15:24
did you go out there no no i was a
15:26
little bit out there yeah yeah yeah you
15:27
need a little more of a heads up but
15:28
i’ll make it
15:29
uh but we’ll hopefully see you soon
15:31
we’re gonna launch our meetup that we’ve
15:32
announced a month ago july 1st
15:34
where’s my first biggest meetup in
15:36
houston oh oh that’s a
15:39
i know that’s a bold statement so let’s
15:40
see so amanda says uh do you think smart
15:42
contracts on blockchain technology are
15:44
going to impact real estate
15:45
yes right there’s already people
15:47
exploring it there’s already ideas out
15:49
there
15:50
now tbd on what sticks right like just
15:52
title in general how does title work
15:53
today
15:54
well it’s really a contrived
15:57
well you’re verified version similar to
16:00
a blog you’re verifying the chain of
16:01
custody all the way back to the original
16:03
land owners what’s happening so you
16:04
could just as easily do that on
16:06
blockchain i think that’s the most
16:07
that is probably the the most realistic
16:10
way that it’s going to get
16:11
included into real estate but one one
16:14
thing that we’re talking with some folks
16:16
about partnering with
16:16
is you know you can use it as a you know
16:19
a form to
16:20
you know potentially sell your shares
16:22
too on the secondary market
16:23
right so you get paid your distributions
16:26
in crypto
16:27
and then you’re able to sell that crypto
16:29
off after a certain lockout period
16:31
and so it makes real estate more liquid
16:35
right whereas before you’d have to find
16:36
somebody and there wasn’t really a
16:38
secondary market for the shares that you
16:39
own an llc
16:40
that would open up the liquidity piece
16:43
um into the secondary market which is
16:44
huge
16:45
so i see that as another way that it’s
16:47
going to be introduced into uh
16:49
into real estate as well right you know
16:52
so let’s see so trevor says got lucky
16:54
put some money in
16:55
uh went way up took out twice what i put
16:58
in and what’s left
16:59
right and hope it keeps going i don’t
17:01
have a clue what or why
17:02
so prefer real estate yes mentioned you
17:05
can make more sense of it yeah and
17:06
absolutely
17:07
and i think you know that’s that’s a
17:08
great that’s a great point that trevor
17:09
makes right you know if you’ve already
17:11
doubled your money
17:12
take your take that you take your money
17:14
off and just play with the house’s money
17:15
from then on out right
17:16
if you lose it at least you didn’t lose
17:18
your initial investment
17:20
because you know what we saw was crypto
17:22
kind of had a run up
17:24
a few years ago and then it dipped and
17:25
that’s when i actually bought it and i
17:27
think it went from
17:28
close to 20 all the way back down to i
17:30
think three or four thousand
17:32
right which is where i bought it at
17:33
right and then look it shot up to 60 000
17:35
then it came back down to 30. it’s
17:37
wildly um you know there’s there’s not a
17:40
lot of rhyme to reason to it you know i
17:42
think some people do say that they can
17:43
trade it um
17:44
i would probably question some of that
17:46
because you know market
17:48
you know movers like elon musk can come
17:50
in and blow up anybody’s charts
17:52
um just by the way that he talks about
17:53
it i’m also a market mover are you
17:55
oh yeah yeah i’m sure you are buddy i’m
17:57
sure you are so
17:59
let’s go if we don’t have any other
18:00
questions so we’re talking
18:02
ultimate houston real estate investing
18:05
event
18:06
it’s the biggest thing to meet-ups to
18:09
houston
18:09
that we’ve ever seen we’re so so excited
18:11
about it yeah so for those who don’t
18:12
know we have a big meet up here in
18:13
houston had a big meet up before kovid
18:15
where i would get 50 to 100 people out
18:17
on average and we’re kicking that back
18:19
off so july 1st
18:21
right in time for fourth of july come on
18:23
out
18:24
ben’s giving away free laptops to every
18:26
attendance
18:30
no no that’s fine you give away the
18:32
laptops there’s more stuff than tablets
18:34
i’ll take the person’s laptop and give
18:36
them a tap yeah i want a nice one all
18:37
right uh
18:38
july first seven o’clock in where are we
18:41
doing it because we’re doing it in a
18:42
different place pitch 25
18:43
we’re no longer fiction pub fiction we
18:46
think it’s not around apparently closed
18:48
one day i’m going to drive by there and
18:49
see we found a bigger
18:51
better venue anyways yeah this you know
18:53
the problem with fiction we were maxing
18:54
it out we had the private room in the
18:55
back and we were maxed out yeah
18:57
um so yeah people would be a little
18:58
sketchy at this point
19:00
yeah because we were like right on top
19:02
of each other this is going to be a lot
19:03
bigger venue
19:04
still had the screen still have you know
19:06
the mic you know we’re going to be
19:07
partnering with some other folks to
19:08
really make it a big
19:10
awesome event um ultimately it is a bar
19:12
and put
19:13
and grill so you’re gonna have some food
19:15
you have some drinks
19:17
come out in-person networking it’s crazy
19:19
this is the first time that we would
19:20
have done this since
19:21
the beginning of march 2020 yeah you
19:23
know so it is
19:24
over a year so thursday right we’re the
19:26
first thursday of every month moving
19:28
forward
19:28
so thursday july 1st happens to be the
19:30
first thursday of july
19:32
7 p.m at pitch 25 a ton of people there
19:35
we’re doing kind of biscuit just big
19:36
networking and then we’re doing a
19:38
30-minute open q a from a bunch of
19:39
different experts so yeah
19:40
come check it out i look forward to
19:42
seeing you guys all so check it out
19:43
learn more and register at
19:45
disruptequity.com
19:47
july 1st and that’s first with one st
19:51
not the word first there you go there
19:53
you go yep so
19:54
first and then what’s coming up next
19:57
week
19:57
buddy talking about the demographic
19:59
trends all multi-family investors
20:02
should understand must so demographics
20:04
are really important part
20:06
of real estate right we buy deals that
20:08
are in fantastic
20:09
demo areas and yeah you know we’ll pay
20:10
up for those deals and if it’s not a
20:12
such great demo that’s fine we’ll buy
20:13
those deals too but
20:14
we don’t expect to pay up for them yeah
20:15
there’s really it’s an important part of
20:17
the business to understand for people
20:18
yeah no i think absolutely you know i
20:20
mean when we first got in right you know
20:22
you didn’t pay as much attention to that
20:23
because you’re just trying to buy a deal
20:24
right but now we’re really paying
20:26
attention to what’s the demographic of
20:28
that area what are the statistics that
20:30
are happening in that micro
20:31
pocket right you know um is one of the
20:34
most important things that we pay
20:35
attention to now and so
20:36
we’ll kind of open up our kimono and
20:38
kind of talk about that uh the one other
20:40
thing that i wanted to mention too
20:41
m-f-i-n conference july
20:44
24th july 24th miami
20:48
we’re getting this is going to come back
20:49
with a big red face
20:51
i’m going to get sunburned i already
20:52
know how this is going to go down so
20:53
yeah no check that out
20:57
www.mfinvestornetwork.com i think we
20:58
still got a coupon code right shanna
21:00
disrupt disrupt get your hundred dollars
21:02
off we’re already
21:03
i think we’re close to 250 tickets
21:04
already sold a lot of interest
21:06
so you know at the end of the day we can
21:08
only max it out i think the 350 400
21:11
so we’re gonna and we’ve already sold
21:12
out the vip but we’re gonna have a lot
21:14
of great panels a lot of great speakers
21:16
good networking opportunity and it’s in
21:18
miami so check that out as well
21:21
mfinvestornetwork.com so let’s see a
21:23
couple more comments before we wrap up
21:25
jason contreras says hoping to hit on
21:27
crypto to invest with disrupt equity
21:29
come on in all right
21:32
kathy says can i still join virtually on
21:34
july 1st
21:36
tbd we weren’t planning on doing virtual
21:38
no promises there we’ll see
21:40
yeah we might who knows right we we’ve
21:42
videotaped it in the past it was a
21:43
little janky we got to see
21:45
i think we’re still going to have our
21:46
virtual meetups though right shanna
21:48
yeah so we’re still going to do the
21:49
texas mfn once absolutely so
21:52
let’s see so ali says what are the best
21:54
states
21:55
to move to and this is ali on youtube
21:57
that’s why the facebook people aren’t
21:58
seeing it
21:58
what are the best states to move to
22:00
start your rei journey
22:02
if you are trying to escape socialist
22:04
canada oh
22:05
oh i didn’t say that i have a lot of
22:07
canadian foreign
22:08
you know the most landlord-friendly
22:09
states right texas florida georgia
22:13
carolina carolinas you know utah
22:16
phoenix arizona yeah those are probably
22:18
any of any of those that make you you’re
22:20
looking for
22:20
you don’t want to go to california you
22:22
don’t want to go to new york you don’t
22:23
want to go
22:24
to washington right yeah landlord and
22:26
tax friendly too right yeah i mean i
22:27
think that each each has pluses and
22:29
minuses so you have to obviously do some
22:31
research
22:32
but there’s a reason why everybody’s
22:33
moving to the south right and it’s not
22:34
just because it’s warm down here in fact
22:36
that’s probably one of the worst parts
22:37
about it
22:38
yeah it’s because it’s a cheap cost of
22:40
living and you have a lot of awesome
22:41
business opportunities down here yeah so
22:43
let’s see so trevor says we’re
22:45
uh looking forward to miami
22:49
and let’s see ollie says uh we are still
22:51
on lockdown by the way talking about
22:52
canada yeah
22:53
yes man i’m sorry but i think you guys
22:54
are getting vaccinated really quickly so
22:56
i think you guys are going to come out
22:57
of lockdown sooner than later so
22:59
see hopefully you know i mean i i’ve
23:01
heard some news stories but
23:03
hey we’ve been pretty much all business
23:06
ahead for at least this whole entire
23:08
year
23:08
uh kids have been going back to school
23:10
since august so um
23:11
you know i mean there’s i wouldn’t say
23:13
that we’re doing anything
23:15
dramatically different than what people
23:16
in canada would be doing right maybe the
23:18
vaccine rolled out a little bit quickly
23:19
down here but who knows
23:21
so but we want everybody tune in next
23:23
week
23:24
demographic trends multi-family
23:26
investors should know
23:28
right check out that meetup july 1st
23:31
and uh mfinvestornetwork.com check out
23:34
the conference miami july 24th
23:37
all right

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