Podcasts about Adu

In this SPACES Recheck, we're revisiting a standout episode from the archive that you may have missed...Architect Travis Mahoney of Matterform Architecture + Development joins us to share his experience, designing, building, AND living in his own ADU. In this episode we discuss how ADUs largely became prohibited across the U.S., recent code changes, and complexities in design, permitting, construction, and more! Nathaniel Muhler of W.I.T. Studio also shares his experience designing ADUs in Oakland, CA, one of the most expensive cities in the U.S. We also play "What Was That Like?!," asking what was it like getting into architecture school.If you enjoy our content, you can check out similar content from our fellow creators at Gābl Media. Spaces Podcast Spaces Podcast website LYNES // Gābl Media All rights reserved

In this episode of the Real Estate Pro Show, host Erika interviews Harley Robbins, a seasoned real estate investor and agent. Harley shares his journey from law enforcement to real estate, discussing his strategies for adapting to market changes, the importance of networking, and his future goals in assisted living and property investment. He emphasizes the significance of acquiring assets, the potential of ADUs, and the value of collaboration in the real estate industry.  Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

3 Colorado investors achieved under $1,000 monthly living costs as Jeff White and Troy Howell reveal ADU, fourplex and Section 8 strategies. Analysis of actual purchase prices from $520K to $910K shows house hacking techniques that build equity while minimizing housing expenses.

This week on Power House, Diego sits down with Mike McNamara, the co-founder and CEO of Samara, a company that focuses on building pre-fab housing products and accessory dwelling units (ADUs). Originally born inside the Airbnb space, Samara is trying to revolutionize housing by providing flexible living spaces that serve a diverse set of needs, from generating rental income to accommodating multi-generational families. Mike talks about how ADUs might be an unexpected solution to some of our housing shortage problems, especially in dense areas like California. He also talks about what the future looks like for diverse households and the community work that they're doing to help wildfire victims in Southern California. Here's what you'll learn: Why backyard ADUs are becoming the go-to option for housing flexibility and supplemental rental income How Samara handles the entire ADU process in as little as 7 months What sets Samara apart from other traditional prefab builders Why California's zoning laws have helped ADUs take off, and what other states can learn from that Inside Samara's $15M initiative to donate homes to wildfire survivors Related to this episode:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Samara Getting Smart on ADUs with Samara's Mike McNamara Samara | LinkedIn ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠HousingWire | YouTube⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Enjoy the episode! The Power House podcast brings the biggest names in housing to answer hard-hitting questions about industry trends, operational and growth strategy, and leadership. Join HousingWire president Diego Sanchez every Thursday morning for candid conversations with industry leaders to learn how they're differentiating themselves from the competition. Hosted and produced by the HousingWire Content Studio. Learn more about your ad choices. Visit megaphone.fm/adchoices

Thinking about building a DADU or adding an ADU to your property? Join our hosts Christian Nossum and Varun Jain the Awesome Nossum Group at Wilson Realty Inc as they walk you through the full new construction journey—from assessing your lot and securing funding to navigating permits and hiring a builder. Whether you're a homeowner exploring backyard potential or an investor looking to create value, this episode is your step-by-step guide to building smart in Seattle. If you like listening to the Awesome In Seattle Podcast, leave us a review. We would love to hear from you!

Wish you could get more income out of your rental property? Then we've got the perfect investing strategy for you in today's episode. It gives you another income stream, instantly increases your property's value, and according to today's expert, it's even easier than making renovations. We're talking about ADUs (accessory dwelling units) and their detached counterparts, DADUs!   Welcome back to the Real Estate Rookie podcast! Leka Devatha, investor and author of Return on Real Estate, has created hundreds of thousands in added value just by building ADUs and DADUs on her existing properties, and YOU can do the same. You don't need to bring more money to the closing table or know the ins and outs of new construction. This is a strategy any rookie can follow, as long as you surround yourself with the right people!   In this episode, Leka will share everything you need to know to transform regular lots and single-family homes into income-producing goldmines. You'll learn how to identify the right markets, lots, and properties for this strategy, and how to work with your local city or county to get your new build underway. But that's not all. Leka will even show you the easiest type of ADU any rookie investor can build and some critical mistakes to avoid! Unlock the hidden potential in every property with Leka's guide to maximizing your real estate portfolio, Return on Real Estate!  n This Episode We Cover How to transform single-family homes into high-cash-flow properties with DADUs The easiest type of ADU conversion project any rookie investor can take on Lot types to target when planning your first DADU (and which ones to avoid) Creative financing strategies to fund your purchase and DADU construction The biggest mistakes that derail new investors (and how to avoid them!) Key team members you need to streamline permitting, design, and construction And So Much More! Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/rookie-591 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠advertise@biggerpockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Title: The Truth About Capital Raising That Your Attorney Won't Tell You with Devin Robinson Summary: In this episode of the “Funds on Fire” podcast, host Devin Robinson interviews Seth Bradley, a seasoned SEC attorney and a friend. Both share insights into the world of capital rasing, investment funds, and legal compliance. Robinson highlights the rapid learning curve and opportunities within the fund management landscape. He discusses his background in raising millions for real estate ventures and transitions into the value of complying with SEC regulations when raising capital. The conversation sheds light on common misconceptions surrounding securities law, stressing the importance of education and understanding regulations related to passive investments. Bradley offers practical advice on starting investment funds, the advantages of teaming up with experienced SEC attorneys, and the evolving trends in alternative investments, particularly in light of recent market changes. He emphasizes the necessity for diversity in investment management and the need for entrepreneurs from all backgrounds to have access to the financial education that empowers them to raise capital and scale their business ventures effectively. Links to watch and subscribe: https://www.youtube.com/watch?v=P-w_w6WAUVw Bullet Point Highlights: Capital Raising Insights: Devin Robinson shares his journey in successfully raising millions for investment projects. Legal Compliance Importance: Seth Bradley emphasizes the significance of understanding SEC regulations to avoid legal troubles in fund management. Fund Management Strategies: Discussion on navigating funds, from 506(b) to 506© offerings, providing clarity on compliance requirements. Education Gaps: The necessity for education in the finance and investment space is underscored, highlighting the lack of resources for aspiring fund managers. Diversity in Investment: Recognition of the disparity in investment opportunities for minorities and the importance of fostering diversity in fund management. Trends in Capital Raising: A shift towards fund-of-funds structures and other innovative investment vehicles as alternatives to traditional capital raising models. Confidence Building: Advice encouraging newcomers in investment to be confident and educated, asserting their place in the industry. Transcript: raised tens of millions of dollars myself as well as um you know we purchased just in 2022 Alone um I was a GP on over $120 Million worth of commercial assets we don't want to say anything that might get us into trouble you know I'm I'm an entrepreneur first so I'm out there to to educate it started going down you started seeing some people get in trouble but all along the way on that rise up he's suing anybody because they've been getting their returns and they've been everybody's been crushing it and even if   you're a terrible operator you've still been crushing it because the market saved you and nobody's getting sued so it's all good until it's not welcome to funds on fire the podcast that ignites The Passion of investment funds in capital raising here we turn the complexities of fund management into clear actionable steps that drive results I've invested into diverse real estate across the United States and managed thriving funds and I'm committed to transforming lives through the vehicle of investment funds and helping   others to do the same join me as we document the Journey of scaling businesses raising capital and impacting tens of thousands of people around the world my name is Devin Robinson and welcome to funds on fire on this episode of the podcast I actually interview Seth Bradley who is an SEC attorney and has become a really good friend of mine so him and I met a couple years back at raay Fest and which is we're part of a mastermind for Capital raising and fun launching and then both of us as we've become friends   as we did this podcast interview gosh a couple of months ago and then now I've launched the podcast and even since then this is pretty cool him and I have actually started a partnership on um on helping people to launch uh manage scale and raise capital for investment funds and it's something really cool so you'll hear more about that later but it's really cool that it started uh with this podcast we both are very like-minded people we both have very similar goals and desires especially when it comes to   Capital raising and the access to information with when it comes to that and for other people to be able to learn how to um honestly be able to launch and scale an investment fund and there are so many people that have the ability to do it have the um the skills and the knowledge to do it but don't have the opportunity to do it or honestly just think it's too hard to do and so I'm so excited because partnering with somebody like Seth is incredible he's a guy who has helped hundreds of people to launch   and manage their funds or would just really launch their funds he has raised hundreds of millions of dollars and invested into hundreds and hundreds of millions of dollars worth of real estate himself and so to be able to partner with him on something like this is really really awesome so I'm excited for that as we talked through his journey talk through all the things as we go through his progression from just being a real estate attorney to then an SEC attorney that goes and helps people to launch and manage funds his involvement   in that some of the things he's doing and honestly it's going to be a really good conversation for you all to hear how to stay compliant how to make sure that you guys are raising Capital appropriately how to make sure that you guys aren't going to get in trouble with the SEC because of how you guys are raising Capital so excited for this really pumped for this episode just thought I'd give you a little preface before we dive in you are going to want to listen to this cuz he is awesome and I'm excited so thank you so much enjoy   the episode all right what's up and welcome to this episode of funds on fire I I love this uh because today we have a friend of mine Seth Seth we go back I don't know like at this point I feel like it's like two years now or a year and a half what we met at Ray's Fest a while ago and I'll tell you I was super impressed by this dude because we met we met at a bar we were like at this event we had guess us that's right that's exactly right we were at this event for Ray Fest and like I'd gone downstairs he was   chilling I was chilling we started talking and I was like I like this dude because one he's not like the typical like white dude that's here he's all tatted up he's really cool and then I realized he's by far the smartest in the room and I was like yo Seth is the man so Seth I would love for people to tell or for you to tell people like who you are and what you do I've enjoyed keeping up with you over the years content you're putting out is incredible and so if you haven't give this man a follow   ESP if you want to stay compliant with funds and the legal aspect of it cuz he's doing some really awesome stuff and I love how just like fit you and your Wi-Fi that's pretty cool too so I respect that too so Seth like tell people who you are where you're from what do you do cuz I think it's going to be important for people to know you all right man Deon I appreciate that intro brother yeah it was it was great meeting you back in the day now we've kind of followed each other on social media and   kept in contact and loved it love it man love it but I'm I'm a Securities attorney so anytime you're raising capital from passive investors you can get me involved I've got I've got the pedigree I worked in big law for seven years before starting my own Boutique Law Firm I think what people like the most about working with me is that I actually come from the business side as well so I'm a syndicator and a fund manager myself so um you know I've raised tens of millions of dollars myself as well as um you know we   purchased just in 2022 Alone um I was a GP on over $120 Million worth of commercial assets so you know I come from not just the legal side but also the business side and I look at every single deal like you know whether I'm you know actually an equity holder or I am just the vendor as the Securities attorney I look at the deal like hey how are we going to get this thing done right a lot of attorneys kind of get in the way um I don't want to get in the way I I will tell you what the risks are what your liabilities are what you might   be opening yourself up to what the gray areas are but at the end of the day you're the business person and you're the entrepreneur so you make the decisions based on the information that I give you so I'm I'm there to help you you get the deal done that's cool man cuz like I know man there's a lot of misconceptions about funds and so one I can tell you I really appreciate I really appreciate you because I have had some not so great SEC attorneys that I was not a big fan of then I've had some good ones and so I'm thankful for it and   so when it comes to that uh we're going to we're going to talk about compliance because that's super important but we'll also talk about uh because I I I guess so I'm in another Mastermind I think I was going to bring this up a little bit later but I'll bring it up now and I want to talk about the importance of finding a good attorney because like I I'm in a different Mastermind and it's more of an operators based Mastermind like how to a lot of single family things and I I talk to people and I'm like and because I'm   going to set the groundwork for this podcast but I talk to people and they're like oh yeah I've got some friends they've let me borrow some of their money and I'm just using that money and I'm like oh hold on uh what do you mean and so I talked to like I mean I can't tell you the last po I was there two months ago three people told me this said three people and so they were like they were like yeah so I have an LLC and they wire the money into my LLC account it's like three or four friends they   wire this money into my LLC account and then I use it and I give them a return and I'm like you need to call an attorney right now because you are literally violating Securities Law like you you you are and they're like wait wait wait okay but but what if what if they they say we we sign up you know a promisory note they put it in here and I'm like security and then they're like okay but what if that the the the people hold it an escrow our attorney is holding an escrow I'm like security and so like just to even like set the   groundwork what is like what what is a security and and and what do you see most often when people come to you and they're looking for an attorney and they're like hey I'm doing this is this legal and you're like no that's not legal but what do you see like what is the security and what is the misconception or the mistake that you see a lot of people make when they come to you yeah I mean you just said it so the number one problem or the the biggest problem I see every single day is just the lack of knowledge like   people just don't know and there's there's maybe a fine line there between not knowing and not caring enough to know right exactly you're like I know I'm doing something here and I don't care to look into it a little bit further to figure it out but that's but that's really what it comes down to is just not having the knowledge because you think like you know I'm just going to you know me and this guy are going to partner he's going to give me all this money and they're not going to do anything and they're going to they're   going to expect a return on their investment and all that kind of stuff and it's all good but it's not you're getting yourself into into issues you know to define a security in a in layman's terms I like to just say look if you've got a passive investor involved in your deal and they're expecting a return on their money and on the actions that you're taking as the active participant then that's a security and that that's it like if if you have a passive investor meaning they're not you know making decisions   they're not managing they're not helping you out on the active side that's a passive investor and you're probably dealing with the security right and this is what I think separates like syndication from the fund right so like if you have a syndication and then you have somebody who is brings the capital typically they're making some of the decisions which makes them a little bit more active so then it's not in that sense of violating that Securities laws if it's just either like one person or even a couple a group that's actually   making decisions on that and I guess that's not the main differentiator between a syndication and and a fund but I think that's where people get confused is the passive part of things that's right that's right it's the passive part of it right like you have people that come in whether it's a syndication or a fund if if they have um some sort of managerial rights or meaningful voting rights because you'll see if you if you invest passively in a deal and you read through the PPM and the operating   agreement you'll see that you really don't have any rights to make any sort of decisions there might be some convoluted way that you might be able to get the manager out if a b c d and f happens but probably not so you'll see that you're really passive right and if you're passive then that's a security that you're dealing with you're investing into security cool that's cool and I appreciate us understanding that groundwork because I want people to listen to this I want people in my Mastermind to listen to this I want   people to just hear and understand that more often times like more than you think there are people clearly violating SEC like security law and so I just want to make sure that people are compliant and this is like you mentioned it earlier and I think that's really important is just the lack of Education side of things and you and I talk about that we talked about this before this of like really there's only like two main Educators in this space that are doing this and unless you know those two you   run the risk of not really being honestly educated enough to run a fund unless you have the self-education side of these and so I love like what you're doing and the content you're putting out especially from a Securities attorney aspect to be able to help that what what have you seen has been like the main sources of Education because even just like outside of what I do outside of what you do uh are there other sources of Education since you've been in this space longer than me that people can go to to gain more   information about what it looks like to raise a fund or uh or even start looking in that direction yeah dude it's tough out there right like you just you just said it and I I'll just name him I mean Hunter Thompson has some really good content that he puts out love Hunter super intelligent guy great stuff it's about raising Capital 4 real estate specifically which is great for the for your audience um and then Bridger Pennington of course um his is a little bit not necessarily real estate related   more in the private Equity space but also real estate sometimes and those are really the only two guys that are putting out content um typically before them you're really getting your education from your securities attorney that you engage with you know that can you know they're going to give you legal advice they're not going to give you kind of like you know they they'll review your marketing materials and things like that to tell you hey this is compliant this is not maybe this is what you should do this is what you shouldn't   do but there's not really anything comprehensive out there where you put the whole package together when you're really trying to start a capital raising business other than those two guys right now so you know there's a lot of room in that space for people to to step in and do it and and also you know Securities attorneys if you look I mean there's only a few of us putting out any kind of content cuz you know as an attorney most most of us are pretty conservative we don't want to put ourselves out there we   don't want to say anything that might get us into trouble you know I'm I'm an entrepreneur first so I'm out there to to educate and that's what I was going to ask so for you man just like a little bit about your journey because like it's not every day that you meet a a Securities attorney now granted we are at a fund event so then like of course you're going to run into a Securities attorney but like honestly you you I feel like and this is kind of cool I feel like me and you don't fit the molds   of our role like for like we're tatted like you know like you know I'm saying we're tatted we're a little bit more laid-back I got I think I posted this the other day I graduated college with a 2.3 GPA like I I just am not very qualified of what you would put the normal qual qualifications of a fund manager would be but for you like for you how did you get started and like what Drew you to Securities Law cuz it's a very specific Niche to be in for sure yeah and I really got started in real estate law so I was always drawn to real   estate I just knew it was a great investment I've just like intrinsically loved real estate I don't know what it was like even when I was in undergrad I was like man it would be so great to own these tow houses that I'm living in like things like that I've just always been attracted to it and investing in it so I started investing in it myself I started out doing real estate transactional law oh cool from that from that perspective and then I realized that you know raising Capital was a little bit more   sophisticated I I like that aspect better and I started gravitating towards that and got into Securities Law and and again at the same time as I was doing that I was also starting to Syndicate my own deal so um pretty interesting that I got kind of the legal side got the business side going at the same time so it gave me really good perspective that's cool so you talked about your journey a little bit I love like diving into that Journey because you you said that you you were in on some of your own   deals so you started as real estate attorney chop that like started doing that were you like a closing attorney yeah yeah okay so like a closing attorney uh and then started did you get to a point where you're like yo I see all this money that people are making I kind of want to do that is that how it like switched into you becoming an active investor into real estate uh yeah somewhat man I mean I took kind of the traditional route of real estate investing I read Rich Dad Poor Dad I started listening to Big Pockets the   purple Bible you know it man what it is um yeah did all that and house hacked into a duplex I mean that was my first property started fixing and flipping a few few property still own some single family those sorts of things um and then you're San Diego right I'm in San Diego yeah but I'm originally from West Virginia West Virginia West by God Virginia that's right all right I mean like I feel like if you I feel like if you're from there you would say something like that that does make sense that does make that's the say that's   what we say West by God Virginia no I don't know anything about V West Virginia but now but now I do so now do you own some of your properties in in very two very different markets West Virginia or San Diego is that like where you own them or are you in other markets they're all over the place so like we invested I lived in Charlotte for a little bit like you know so own a couple properties there own a property in West Virginia that duplex that I was telling you about cuz I moved there for a job really you know California is   tough like to make anything cash flow there's some Adu opportunities right now for that but really just own the house that I live in then I have a condo that I rent out up in Orange County and that's about it but the other ones are all kind of all over the place like we invested in Cleveland for a little bit as well oh yeah some multi family stuff in Cleveland that that was kind of in the single family phase but as far as like the multif family the retail a lot of that was like in the midwest um in   the in the um in the sun sun Bel area so all over the place and we did like industrial we did retail we did multif family um all all sorts of stuff man on the commercial side and it's good to know that background for you like not that background but like you had the ability to understand and how to structure some of those deals um and so I'd love to I'd love to talk about the structure of funds a little bit because this is sure I'm going to as the question that I think like everybody wants to ask an SEC attorney about the   difference between a 506b and a 506c and then what constitutes like having that pre-existing relationship right because like if you have a 506b or a 506c there's certain stipulations but those are the two most common right like 90% of funds are 506 BS or 506 C's and so and if I'm wrong just just let me know but I believe that's like the statistic and and with those what constitutes the differences and then the pre-existing relationship part is one that a lot of people have questions about for sure man   yeah you're spot on so far I mean 506b I like to Remember by buddy so it's typically going to be a buddy right like yeah you have to have so the rule isn't that you have to have a pre-existing substantive relationship the rule is you're not allowed to solicit or advertise that's the rule and the way that you show that is by having a pre-existing substantive relationship with those investors so that that's a little bit of a Nuance there the rule is really you can't or advertised you can't go on Facebook and talk about it you   can't take out Google ads and and put it out there you can't even talk about it really to strangers and invite them into your deals you have to have that pre-existing substantive relationship because otherwise think about it well how would they know about your deal if you didn't right like that's that's kind of the the mindset there so yeah be but the the advantage there of course is that you're allowed to bring in 35 non-accredited investors so that's why people go with the 506b route number one   you can bring in a limited number of non-accredited investors uh number two there's there's less requirements for you as the uh fund manager or the syndicator the capital raiser on proving if they're accredited or not because they just self-certify so those are really the two big reasons you would choose a 506b versus a 506c which you can remember that by community so it's a bigger pool of people all right it's 506c for Community those folks when you have that exemption then you can go out there to your community you can solicit   you can advertise you can put it on Facebook you can put it out there in your m mind you go speak on stage and say hey guys come invest in my deal you can do whatever you want really it gives you the freedom to operate and not feel like oh am I doing something wrong but obviously the big thing there is accredited investors only so if you choose that 6C exemption you're only allowed to bring in accredited investors and they're all you're also going to have to take reasonable steps to verify that and that's typically through uh a   third party vendor or through that Investor's attorney or uh CPA that's going to write them a letter that says that they're qualified yeah which typically and you and not typically but like this is why you see even older more established funds go with a B because it's easier to just bring them in so they don't have to do all that stuff yeah what you see is they'll do a 506b but they won't allow uh non accredited investors in so it'll be 506b but only allow accredited investors so that they don't have to they don't they can   self-certify yeah which is makes it just a whole lot easier of paperwork standpoint so then uh that's which is really really interesting so for for me and I'm actually I'm going to just dive in a little bit deeper because there's so much gray here and like you can it's fine if you don't bring any like Clarity to the situation but there's so much gray here because I hear people that are like all right now when you meet that person add it to your calendar that you met that person and then you could talk   to them three weeks later and then like then you could pitch your fun to them and then like then now you're showing the SEC that it's a a pre-existing relationship and then it's like well where the heck is the line if there isn't even a line and then it's like then then what do they what is the expect me to do you know like if somebody introduces me to somebody how the heck do I make sure that I'm compliant in that in that relationship that we have if I know that they even come into the relationship interested in   what I'm doing I want to take a quick second to talk to you guys about something that could completely change the game for you if you're serious about launching and scaling an investment fund if you've ever wanted to start a real estate fund private Equity Fund or syndication but didn't know where to start this is for you fund Founders is giving you free access to foundations 101 a step-by-step course designed to help you to structure your fund the right way so you stay SEC compliant raise Capital like a pro even if you   don't have a network yet scale your fund without constantly chasing investors and avoid costly legal mistakes that can shut you down this is the exact road map successful fund managers use to launch manage and raise capital for their funds without wasting time or money and the best part it's completely free go to funds onf fire.com back/ Founders or click the links in the notes to get instant access to the fund Foundation 101 course don't miss this if you're serious about raising capital and growing your fund this is where you   start again that's funds onf fire.com Founders or click the link in the notes now let's get back to the show yeah uh pre-existing uh actually just means pre-existing the offering so pre-existing your syndication pre-existing your fund so that makes it a little bit difficult when you've got let's say an evergreen fund right it's like well you got that offering open forever right so you can't even bring anybody in after you've opened it um that you don't already know but there is a there is a kind of a loophole I'll   call it it's not really a loophole it's it's actually a regulation but you can actually convert um a 506b to a 506c now you didn't used to be able to do that but I think that pass um maybe like two or three years ago where you can convert the 506b to the 506c now you can't go back after that but once you make that conversion you know get all your 506b investors in if you want to fill that 35 non accredited pool and then convert it to a see you can do that and then you can go out you can solc it you can   advertise you can talk about it you can bring in strangers yeah now that's really interesting too well and I do know that I think you just have to close subscription for like 24 hours right or something like that and then you can open back up you really just have yeah there's not really a Time requirement you'll hear something you you'll hear where there's like a cooling off period and they'll say 30 days 60 days but it really just comes down to closing that first offering because it's separate   that 506 B exemption offering and then opening that new C offering and just to be safe because again we're dealing with Securities it's always gray maybe give it that 30 days to cool off and then open up that 506c and then you're good to go and you have to refile like a form D and everything like that you do okay you do okay cool I wonder if you're your blue skies you can use the same documents but You' need a new form D yeah okay cool all right very interesting so that's cool to know too so I use a platform and I think we've   talked about it briefly called aester and I'm a big fan because it's a customizable fund they actually don't I think because of the nature of the customizable fund they actually said that I can't close down my be and open back up as a c just by nature of that type of fund and I thought that was really interesting and I know you and I have talked about potentially chopping up like what the heck is the I I think I sent you the stuff for it I can't remember but uh yeah I think so yeah talking about that customizable fund   because it sounds like um you know there's different fund models there's um there are the reg d506 B and C's there's reg CF reg A's and then you also run into like syndications and then you have fun of funds right and so it sounds like and for you you've kind of done all of them I think oh yeah but right now you're really focused on one major one right is that what you like so the fund that you currently operate and you're running uh I'd love to hear a little bit more about that yeah for sure so just to   comment on the the aester fund you know it's it's a kind of a new product right the customizable fund it's pretty new it hasn't really been tested on the legal side quite yet it's pretty complicated right like complicated from well what it spits out is simple right they say Hey you create this Evergreen fund and then you get you know each investor only gets 1 K1 even though they might be invested across a bunch of deals things like that which is great um but you lose that flexibility so I don't know the the   intricacies of it but you know you can imagine you've got this this customizable fund that's invested in let's say 10 different other deals or whatever and some of them it's acting as a fun of fund some of them it's acting as u a lead sponsor or all these different things so trying to convert that to a 506b from a or 506b to a 506c I can see where you can run into some complications there it might not be possible yeah and I think so because the structure sorry the structure of it they tell me what makes it customizable is   the fact that like our investors can log in and I don't actually like I have an overarching PPM they log in and they choose the their investment that they want to I'm not telling them the investment that they have to like invest into they read the deal disclosures and decide decide that that's what they want where they want to allocate their money to which allows for for the customizability of this type of model so I think like that's where converting it to a c would be yeah what you're saying for sure y that's that's kind of the   defining I guess piece of that customizable fund is that investor actually gets to pick and choose within your fund that you created where they invest um and that actually I can see where that why they do that I mean it's a it's a great concept but also that keeps you from actually making any decisions as the fund manager so that keeps you out of some certain regulations I'm like hey this is what we offer yep you can look at the deal disclosures and decide on where you want but like they could and this is like one   of the things that they like is I can say oh you could you could essentially diversify your portfolio within one fund because you could choose this one this one this one this one but you choose how much you want to go into there so that's that is a very interesting model and so that's really cool um or like yeah the investor chooses it yep the investor chooses it and yeah and and I'll you know that contrast to what you're alluding to which is an SPV fund of fund so that's what we do over at tribe vest   in full disclosure I'm Chief legal officer and a and a shareholder of tribe vest um so I'm a little bit biased and aester is you know we don't like to call him a competitor honestly they do fund of funds and we do fund of funds is like the overarching product but it's completely different you know one situation which why I brought it up it's the only reason why I brought it up because I'm excited to dive into tribe vest and what you guys offer um because this is not a pitch for tribe vest and like I didn't even know about I did know   I've heard of trivest but didn't even know you were a part of it before this podcast but I love hearing what you're a part of and that's why I want to dive into that a little bit because I think it's cool yeah and I like it it it might be a good to kind of lay it out right you've got these customizable fun of funds out there avor is really the only one offering them there's a couple other uh groups out there that are going to be offering them soon you can actually go to a Securities attorney and they can   put it together for you as well um and yeah and then you've got the SPV fun of fund again you can go through triest or you can SPV just for clarity special right special purpose vehicle or single purpose vehicle kind of either either one really applies then you've got your typical discretionary fund which you would go directly to a Securities attorney and that's where you're actually making some decisions you're saying okay I'm going to raise 10 million bucks and I'm going to invest in Deal one two three four five six seven   eight um and you're kind of making those decisions and there's a lot of rules and regulations that you've got to abide by to be able to do that without a license but anyways back to the SPV the single-purpose vehicle instead of a customizable fund where you know the investor is making the decision and you as the fund manager in you know you make all these different things Avail all these different Investments available the SPV is designed as a single purpose vehicle to invest in one single deal so   if there's a Target deal let's say a 200 unit multif family property in San Antonio um we're going to spin up an SPV for you to invest as a passive investor into that Target deal and that's it it's super simple it's super contained it's not complicated it it just keeps everything compartmentalized both from an asset protection standpoint and from visibility right you're going to know as the fund manager and as the investor exactly what you're investing in what you're how you're going to get paid what   your projective returns are and it doesn't really get mudded by other Investments and this is what I CU I've talked to other SEC attorneys and they've talked about it's funny they've talked about how rare what I've done so I've like maxed out my 506b on a my first fund being a blind fund and they were like that's super rare because you're saying hey just trust me but what you guys are saying what you're doing is saying hey this is the specific and that makes it a lot easier to raise Capital because like you said ton more   transparency they know what they're investing into and so for people starting out that's probably the route that they want to start with is something where they can bring transparency and then the investors that they're coming in know exactly what they're investing into that's right de yeah what you did Devon was incredible like it's really difficult to do most people don't start there they can't start there they don't have the ability to um to be able to build that up that level of trust and track record prior to   you launching the fund that's why you're able to do it but most people can't do it most people have to get their first few in the door by showing the investors hey this is the exact deal that you're going to invest in and you're getting you're going to be a part of and they can do their own due diligence and underwriting and those sorts of things and they're say oh yes I believe in that property or that deal and I also believe in you as the the fund manager or the syndicator and it's easier to raise   Capital that way as opposed to a blind pool fund where it's like hey just give me your money and we're going to invest in something that looks like this and yeah exactly exactly so I actually I want to dive into more into tribe vests cuz like so where does the benefit come in because like somebody can just go and get with an SEC attorney and create their own SPV and and kind of go that route but where's the benefit of somebody coming in and working with tribe vest like why I mean honestly like I please I like tell me like why have   you invested into it why do you believe in it so much and then yeah tell me a little bit more about it man yeah because it it just makes everything super simple and super contained and we handle everything so if you go to an SEC attorney like myself I'm going to come in and I'm going to I'm going to draft your offering documents I'm going to file your exemptions do your blue sky filings and that's it and I I'm going to wipe my hands of it and I'll say you know good luck you know more than that I'll help you out of yeah exactly I'm   going to charge you a lot of money I'm going to charge you at least 25k right Tri vest includes everything that you could possibly imagine so all these different parts that you would have to put together as a capital aggregator TR vest handles so that includes not just the offering documents the legal stuff the filing of the exemptions and the blue sky filings but we're going to file for your entity we're going to get your EIN we're going to be your registered agent we are going to uh onboard your   investors so we're going to act like an like an investor relations person on your team so all you do is send us your list of investors and we start reaching out we send them the docs we walk them through how to sign and get them through the signing ceremony we hound them or we call it hurting the cats to get them to actually fund the deal cuz sometimes people get cold feet so bug the hell out of them yep bug the hell out of them until they make that wire we do all that we do the uh the accounting in your k1s   we configure your cap table very cool we do your distributions we open your business banking account we do uh everything on the back end uh we've got the investor dashboard or investor portal that you can use which alone is you know you're going to pay $500 a month at minimum for that by itself so it it's incredible and we do it at an incredible price and I mean we're not we're very transparent about that it's $5,000 upfront and then $2,000 a year annually and that comes with docs and everything that comes with docks and   everything there's just you can't be beat I mean it literally can't be beat and the other thing is the speed so as soon as you sign the greenl docks which is basically just like hey you agree to the services that we're going to provide we will have you raising capital in five business days no way man that's really cool that's fantastic if you come to to me if you come to me as a security attorney I've got that hat on you know we're not doing in 5 days I'll tell you that now how much education do you help   with because I tell people all the time like here's the questions you should have beforehand because your SEC like your attorney will be the most expensive education you have ever paid for if you don't have that information beforehand so like what what type of because they'll charge you like if you don't know if you want a 506b or 506 C you don't know if you if you want your waterfall this way if you want this and you're just asking questions they're going to charge you by the hour to ask those questions and so for you like how   much help do you guys help for people who are like I've never started a fund I'm really looking forward to starting this but I don't know where to go what does that look like for you guys yeah I mean for tribe vest we're putting together some modules actually right now we're going to roll them out literally before the end of the year which will be fantastic because we're going to share that with with the world you're going to be able to self-educate on what is a fun to fund how does that look like in the   fundraising ecosystem like you know what is a preferred return what is the profits what kind of fees can you charge all kind of the nuts and bolts that you need to know we're going to have that out there so soon enough that'll be available to the public and that'll be a huge value ad and huge help for us as well because we don't have to educate one-on-one anymore as a Securities attorney I I will advise on people I mean I'm I'm happy I'm I'm more of a mentor and a coach when it comes to that sort of stuff and I'll I'll be like look   attorney hat off right now I'm going to tell you this and here's kind of your gray area and that sort of thing so you know I I I think I get into those sorts of things a little bit more than most attorneys will um but if you go to like a a large Law Firm or even a regional Law Firm they're they're going to charge you per hour and that's going to be anywhere between you know $400 to $1,500 an hour yeah there's no doubt there's there's no doubt so and this is really interesting because one of the questions   that I had just going into this um and not even knowing about uh the not even knowing about tribe vest and and all of that is what have you seen as far as like trends that you're seeing in the industry right now because Trends seem to be changing one just even I I'm a disruptor you're it seems like you're a disruptor of Industries and we're trying to disrupt this huge investment fund industry um but it seems like there's being like there's different type of offerings there different structures there's different   things that people are doing what are some of the trends that you're seeing that people are kind of pressing against or starting in as far as funds as a whole you seeing that being the case of being become more common yeah I mean so like biggest picture right is trying to get these types of alternative Investments to the masses because most wealthy people even rich people whatever you want to call them that have some Expendable income that want to invest the only thing they know are 401ks stock market mutual funds   and those sorts of things and they we just need to get that out there and I think you're seeing a trend towards that I think bringing in more people that want to raise capital and start a capital raising business is how you do it right because they've already got their built-in networks and then those networks know other people and and it kind of spiderwebs out from there so that's that's kind of the biggest picture trend is just trying to see well we're seeing you know alternative investments just become more available   to the masses second you're seeing the industry go away from the CP model which I like to say the cgp model is dead and you're seeing people turn to the fun of funds route yeah because the cgp model has just been abused if you do it the right way if you're actually an active partner and you're actually participating in the meetings and and decid on Asset Management typee decisions then all good that's how it's supposed to be but when you're just raising capital and not doing anything else that's when the CP model gets   abused and it's not just oh well you shouldn't do that it's illegal it's plain and simple illegal so that was like the conversation I'm telling you when um I was having the conversation with that guy at my at my Mastermind and he was like we're doing this and I go like stop and he's like haa and I go no no it's illegal and he's like oh haha and I'm like no no like prison illegal and they I feel like just people don't understand the severity because they feel like what's wrong with it it's not that bad and it's like no no it's   illegal yeah and you know that this is just what happens right like you just kind of everybody just pushes boundaries pushes boundaries and you know fortunately or unfortunately however you want to look at it the industry's been fantastic for a long time right the real estate industry's went up since the the crash in 2009 2008 all the way until really covid and that was just a blip and then it took off again and then B basically up until last year 2023 is when you started seeing it kind of take   a nose dive a little bit because of interest rates and not because of the actual state of the market but the interest rates but either way it started going down you started seeing some people get in trouble but all along the way on that rise up all the investors have been happy he's suing anybody because they've been getting their returns and they've been everybody's been crushing it and even if you're a terrible operator you've still been crushing it because the market saved you and nobody's getting sued so it's all   good until it's not and then you've seen in yeah and then you see in 2023 you see you know potential foreclosures and workouts and you know Capital calls things like that investors aren't happy and we're in America and people are like yo how can I get my money back well you try to sue somebody and that's when you start seeing some of these things where the cgp model was abused or people weren't raising Capital the right way or they didn't f exemptions all those sorts of legal things that nobody really   worried about because everything was great start coming up and you're you're seeing that now so you're seeing that shift away from the CP model to the fund of funds model because the fund of funds model is compliant obviously if you do it the right way but it's more compliant and it's always been the answer but at the end of the day it's expensive it's more complicated you've got more attorneys you've got a whole separate offering all these different things that you have to take into account and people   were like I'm not doing that but now we're kind of forced into having to do that and that's where you know tribe vest and aester and some other folks are coming in and having coming up with solutions for that yeah that's really cool um because one one more thing I'm really curious on that you've seen because I feel like there is a fairly irreg irregulate asset you know coming into a very regulated um like structure right so one the things I'm talking about is like the rise of crypto in these crypto funds and these blockchains   based funds have you seen that start to affect like the legal landscape of funds and the formation that people have of that and the way that people are thinking through that and even how the SEC is starting to figure that out and uh and stuff like that have you seen like an emergence of more of those blockchainbased funds I have yeah and not just like strictly you know blockchain and and crypto but also just spin-offs of that right like you saw tokenized real estate was a big thing for a little while it's kind of turned   down a little bit but that was huge that was like I was crazy that you could be like I'm tokenizing my my bathroom and when I sell it you get like that much of the footage and the appreciation it's like what that's crazy yeah so it's kind of cooled out a little bit you know I don't I honestly don't follow that that closely just because I know that it just changes so fast and especially now that we've got the new Administration in here you're probably going to see a lot more loosening of that which would be good   for us but yeah I mean you know you're going to see that right like CU we are just on the the precipice of just crazy technological advancements from tokenized Real Estate to you know crypto to AI like all this stuff is going to like this landscape 5 years from now is is going to be unrecognizable yeah that's it's it really will just because of the way that contract law is going to go from the from the from um from I guess blockchain based like because like you'll see that where the blockchain will take a lot of   those uh a lot of that aspect and change it and flip it on its head so it's going to be super interesting to see how that goes man I want to respect honor your time I appreciate you being on I guess one thing I guess one more question that I have before we kind of go into the exit if there's somebody that's thinking about starting a fund because what you were saying earlier really there's only two main people if I'm fully transparent I want to be able to be uh the voice of funds for minorities and women in this   country because like all those other they all the white dudes they could have all the other white dudes that's fine with me but there's a lot there's a there's a huge disparity I heard uh don peees once say and this has changed my my my thought my process like my mindset ever since he says in the history of America there has been $94 trillion to come in through private equity and real estate in the history of American and history of America 8.3% of that had no sorry 1.7% of that have gone to minorities and women that means 98.3% of   that has gone to white men and so there's this massive disparity between access to education like you're saying access to Capital Access to I think there there's this quote that says the world equally distributes talent but doesn't equally distribute opportunity and so there's this huge disparity of opportunity of people that look like me and look like you and look like women around this country that I would love to make sure we're the voice for and so for people who don't have a lot of that education one what's a big piece of   advice that you would give them and when they're starting to think about starting a fund because I think like if I'm full of transparency most of the people I talked to and I told you I saved from prison there were black dudes they're just trying to do the right thing but don't have the education to do the right thing and so for for that like what what's a big piece of advice you would give people that are thinking like I think I want to start a fund um what should I look out for how expensive does   it matter because we've talked about a better solution for how expensive it can be but what's the thing that they should be looking out for yeah I mean you know right off the bat like be confident and don't be intimidated because I think some people yep in those groups that you described might feel a little discouraged because of that because you walk into a room that is maybe all fund managers or all capital risers or you know those types of people and you're like who I don't look like everybody   else so maybe I don't belong here or maybe your confidence goes from here to to hear and you're like and then and then you come off that way right like you've got to you got to step into that room with confidence and a lot of a lot of that comes down to self-education right like it comes from education and it's out there now I mean we mentioned that there's only a few really good sources but you can still piece it together I mean you can find anything on YouTube University just to at least get the you know being able to talk to talk   and walk the walk and and feel confident doing that so just get educated to start get that Baseline and then get out there and just be be confident like I said don't be intimidated don't feel like you don't belong because we got to get folks out there that are that are doing it from from those groups yep that's right man well I appreciate it Seth where can people find you where can people hire you where can people join what you're doing um because I think that they should I'm a big believer in you and   what you're doing and I'm excited for for all those things appreciate it man I usually update all my Links at Seth Paul bradley.com so you can find everything there I'm all over social media so all my handles are Seth Bradley Esq cool man I appreciate you thankful for your time thankful for your friendship I really look forward to uh to Growing growing together man it's fun to see other people that like we're about the same age I don't know you look like you're in your 20s but you're you're not I know   that but like uh but like like for us to just rise together on this man and so I'm thankful for this journey that we're on together and I appreciate you being here today love it brother appreciate you yes sir talk to you later man wow I hope you enjoyed that I have a quick favor if you've been enjoying the show there's one simple way you can support us and it's by hitting that follow button or that subscribe button on the app app you're listening to I want to level this podcast up in every single   way possible bringing you more value incredible content and guests and new strategies Following the show and leaving a quick review goes a really long way in helping us to grow and continue to deliver top tier content it's the only free thing I'll ever ask you to do and it makes a bigger impact than I can possibly put into words so thank you for being a part of this journey and I'll definitely catch you on the next episode to great success and greater impact peace Links from the Show and Guest Info and Links: https://www.youtube.com/watch?v=P-w_w6WAUVw https://www.instagram.com/p/DHbcSjGT7Jn/ https://tinyurl.com/FFfoundations-YT https://pfcapital.us/ Seth Bradley's Links: https://x.com/sethbradleyesq https://www.youtube.com/@sethbradleyesq www.facebook.com/sethbradleyesq https://www.threads.com/@sethbradleyesq https://www.instagram.com/sethbradleyesq/ https://www.linkedin.com/in/sethbradleyesq/ https://passiveincomeattorney.com/seth-bradley/ https://www.biggerpockets.com/users/sethbradleyesq https://medium.com/@sethbradleyesq https://www.tiktok.com/@sethbradleyesq?lang=en Devin Robinson's Links: https://www.instagram.com/devin.robinson1/ https://www.linkedin.com/in/devin-robinson-997ba040/ https://www.facebook.com/drob737/ https://x.com/devinrobinson37 https://www.threads.com/@devin.robinson1 https://www.tiktok.com/@devin.robinson1  

Title: The Truth About Capital Raising That Your Attorney Won't Tell You with Devin Robinson Summary: In this episode of the “Funds on Fire” podcast, host Devin Robinson interviews Seth Bradley, a seasoned SEC attorney and a friend. Both share insights into the world of capital rasing, investment funds, and legal compliance. Robinson highlights the rapid learning curve and opportunities within the fund management landscape. He discusses his background in raising millions for real estate ventures and transitions into the value of complying with SEC regulations when raising capital. The conversation sheds light on common misconceptions surrounding securities law, stressing the importance of education and understanding regulations related to passive investments. Bradley offers practical advice on starting investment funds, the advantages of teaming up with experienced SEC attorneys, and the evolving trends in alternative investments, particularly in light of recent market changes. He emphasizes the necessity for diversity in investment management and the need for entrepreneurs from all backgrounds to have access to the financial education that empowers them to raise capital and scale their business ventures effectively. Links to watch and subscribe: https://www.youtube.com/watch?v=P-w_w6WAUVw Bullet Point Highlights: Capital Raising Insights: Devin Robinson shares his journey in successfully raising millions for investment projects. Legal Compliance Importance: Seth Bradley emphasizes the significance of understanding SEC regulations to avoid legal troubles in fund management. Fund Management Strategies: Discussion on navigating funds, from 506(b) to 506© offerings, providing clarity on compliance requirements. Education Gaps: The necessity for education in the finance and investment space is underscored, highlighting the lack of resources for aspiring fund managers. Diversity in Investment: Recognition of the disparity in investment opportunities for minorities and the importance of fostering diversity in fund management. Trends in Capital Raising: A shift towards fund-of-funds structures and other innovative investment vehicles as alternatives to traditional capital raising models. Confidence Building: Advice encouraging newcomers in investment to be confident and educated, asserting their place in the industry. Transcript: raised tens of millions of dollars myself as well as um you know we purchased just in 2022 Alone um I was a GP on over $120 Million worth of commercial assets we don't want to say anything that might get us into trouble you know I'm I'm an entrepreneur first so I'm out there to to educate it started going down you started seeing some people get in trouble but all along the way on that rise up he's suing anybody because they've been getting their returns and they've been everybody's been crushing it and even if   you're a terrible operator you've still been crushing it because the market saved you and nobody's getting sued so it's all good until it's not welcome to funds on fire the podcast that ignites The Passion of investment funds in capital raising here we turn the complexities of fund management into clear actionable steps that drive results I've invested into diverse real estate across the United States and managed thriving funds and I'm committed to transforming lives through the vehicle of investment funds and helping   others to do the same join me as we document the Journey of scaling businesses raising capital and impacting tens of thousands of people around the world my name is Devin Robinson and welcome to funds on fire on this episode of the podcast I actually interview Seth Bradley who is an SEC attorney and has become a really good friend of mine so him and I met a couple years back at raay Fest and which is we're part of a mastermind for Capital raising and fun launching and then both of us as we've become friends   as we did this podcast interview gosh a couple of months ago and then now I've launched the podcast and even since then this is pretty cool him and I have actually started a partnership on um on helping people to launch uh manage scale and raise capital for investment funds and it's something really cool so you'll hear more about that later but it's really cool that it started uh with this podcast we both are very like-minded people we both have very similar goals and desires especially when it comes to   Capital raising and the access to information with when it comes to that and for other people to be able to learn how to um honestly be able to launch and scale an investment fund and there are so many people that have the ability to do it have the um the skills and the knowledge to do it but don't have the opportunity to do it or honestly just think it's too hard to do and so I'm so excited because partnering with somebody like Seth is incredible he's a guy who has helped hundreds of people to launch   and manage their funds or would just really launch their funds he has raised hundreds of millions of dollars and invested into hundreds and hundreds of millions of dollars worth of real estate himself and so to be able to partner with him on something like this is really really awesome so I'm excited for that as we talked through his journey talk through all the things as we go through his progression from just being a real estate attorney to then an SEC attorney that goes and helps people to launch and manage funds his involvement   in that some of the things he's doing and honestly it's going to be a really good conversation for you all to hear how to stay compliant how to make sure that you guys are raising Capital appropriately how to make sure that you guys aren't going to get in trouble with the SEC because of how you guys are raising Capital so excited for this really pumped for this episode just thought I'd give you a little preface before we dive in you are going to want to listen to this cuz he is awesome and I'm excited so thank you so much enjoy   the episode all right what's up and welcome to this episode of funds on fire I I love this uh because today we have a friend of mine Seth Seth we go back I don't know like at this point I feel like it's like two years now or a year and a half what we met at Ray's Fest a while ago and I'll tell you I was super impressed by this dude because we met we met at a bar we were like at this event we had guess us that's right that's exactly right we were at this event for Ray Fest and like I'd gone downstairs he was   chilling I was chilling we started talking and I was like I like this dude because one he's not like the typical like white dude that's here he's all tatted up he's really cool and then I realized he's by far the smartest in the room and I was like yo Seth is the man so Seth I would love for people to tell or for you to tell people like who you are and what you do I've enjoyed keeping up with you over the years content you're putting out is incredible and so if you haven't give this man a follow   ESP if you want to stay compliant with funds and the legal aspect of it cuz he's doing some really awesome stuff and I love how just like fit you and your Wi-Fi that's pretty cool too so I respect that too so Seth like tell people who you are where you're from what do you do cuz I think it's going to be important for people to know you all right man Deon I appreciate that intro brother yeah it was it was great meeting you back in the day now we've kind of followed each other on social media and   kept in contact and loved it love it man love it but I'm I'm a Securities attorney so anytime you're raising capital from passive investors you can get me involved I've got I've got the pedigree I worked in big law for seven years before starting my own Boutique Law Firm I think what people like the most about working with me is that I actually come from the business side as well so I'm a syndicator and a fund manager myself so um you know I've raised tens of millions of dollars myself as well as um you know we   purchased just in 2022 Alone um I was a GP on over $120 Million worth of commercial assets so you know I come from not just the legal side but also the business side and I look at every single deal like you know whether I'm you know actually an equity holder or I am just the vendor as the Securities attorney I look at the deal like hey how are we going to get this thing done right a lot of attorneys kind of get in the way um I don't want to get in the way I I will tell you what the risks are what your liabilities are what you might   be opening yourself up to what the gray areas are but at the end of the day you're the business person and you're the entrepreneur so you make the decisions based on the information that I give you so I'm I'm there to help you you get the deal done that's cool man cuz like I know man there's a lot of misconceptions about funds and so one I can tell you I really appreciate I really appreciate you because I have had some not so great SEC attorneys that I was not a big fan of then I've had some good ones and so I'm thankful for it and   so when it comes to that uh we're going to we're going to talk about compliance because that's super important but we'll also talk about uh because I I I guess so I'm in another Mastermind I think I was going to bring this up a little bit later but I'll bring it up now and I want to talk about the importance of finding a good attorney because like I I'm in a different Mastermind and it's more of an operators based Mastermind like how to a lot of single family things and I I talk to people and I'm like and because I'm   going to set the groundwork for this podcast but I talk to people and they're like oh yeah I've got some friends they've let me borrow some of their money and I'm just using that money and I'm like oh hold on uh what do you mean and so I talked to like I mean I can't tell you the last po I was there two months ago three people told me this said three people and so they were like they were like yeah so I have an LLC and they wire the money into my LLC account it's like three or four friends they   wire this money into my LLC account and then I use it and I give them a return and I'm like you need to call an attorney right now because you are literally violating Securities Law like you you you are and they're like wait wait wait okay but but what if what if they they say we we sign up you know a promisory note they put it in here and I'm like security and then they're like okay but what if that the the the people hold it an escrow our attorney is holding an escrow I'm like security and so like just to even like set the   groundwork what is like what what is a security and and and what do you see most often when people come to you and they're looking for an attorney and they're like hey I'm doing this is this legal and you're like no that's not legal but what do you see like what is the security and what is the misconception or the mistake that you see a lot of people make when they come to you yeah I mean you just said it so the number one problem or the the biggest problem I see every single day is just the lack of knowledge like   people just don't know and there's there's maybe a fine line there between not knowing and not caring enough to know right exactly you're like I know I'm doing something here and I don't care to look into it a little bit further to figure it out but that's but that's really what it comes down to is just not having the knowledge because you think like you know I'm just going to you know me and this guy are going to partner he's going to give me all this money and they're not going to do anything and they're going to they're   going to expect a return on their investment and all that kind of stuff and it's all good but it's not you're getting yourself into into issues you know to define a security in a in layman's terms I like to just say look if you've got a passive investor involved in your deal and they're expecting a return on their money and on the actions that you're taking as the active participant then that's a security and that that's it like if if you have a passive investor meaning they're not you know making decisions   they're not managing they're not helping you out on the active side that's a passive investor and you're probably dealing with the security right and this is what I think separates like syndication from the fund right so like if you have a syndication and then you have somebody who is brings the capital typically they're making some of the decisions which makes them a little bit more active so then it's not in that sense of violating that Securities laws if it's just either like one person or even a couple a group that's actually   making decisions on that and I guess that's not the main differentiator between a syndication and and a fund but I think that's where people get confused is the passive part of things that's right that's right it's the passive part of it right like you have people that come in whether it's a syndication or a fund if if they have um some sort of managerial rights or meaningful voting rights because you'll see if you if you invest passively in a deal and you read through the PPM and the operating   agreement you'll see that you really don't have any rights to make any sort of decisions there might be some convoluted way that you might be able to get the manager out if a b c d and f happens but probably not so you'll see that you're really passive right and if you're passive then that's a security that you're dealing with you're investing into security cool that's cool and I appreciate us understanding that groundwork because I want people to listen to this I want people in my Mastermind to listen to this I want   people to just hear and understand that more often times like more than you think there are people clearly violating SEC like security law and so I just want to make sure that people are compliant and this is like you mentioned it earlier and I think that's really important is just the lack of Education side of things and you and I talk about that we talked about this before this of like really there's only like two main Educators in this space that are doing this and unless you know those two you   run the risk of not really being honestly educated enough to run a fund unless you have the self-education side of these and so I love like what you're doing and the content you're putting out especially from a Securities attorney aspect to be able to help that what what have you seen has been like the main sources of Education because even just like outside of what I do outside of what you do uh are there other sources of Education since you've been in this space longer than me that people can go to to gain more   information about what it looks like to raise a fund or uh or even start looking in that direction yeah dude it's tough out there right like you just you just said it and I I'll just name him I mean Hunter Thompson has some really good content that he puts out love Hunter super intelligent guy great stuff it's about raising Capital 4 real estate specifically which is great for the for your audience um and then Bridger Pennington of course um his is a little bit not necessarily real estate related   more in the private Equity space but also real estate sometimes and those are really the only two guys that are putting out content um typically before them you're really getting your education from your securities attorney that you engage with you know that can you know they're going to give you legal advice they're not going to give you kind of like you know they they'll review your marketing materials and things like that to tell you hey this is compliant this is not maybe this is what you should do this is what you shouldn't   do but there's not really anything comprehensive out there where you put the whole package together when you're really trying to start a capital raising business other than those two guys right now so you know there's a lot of room in that space for people to to step in and do it and and also you know Securities attorneys if you look I mean there's only a few of us putting out any kind of content cuz you know as an attorney most most of us are pretty conservative we don't want to put ourselves out there we   don't want to say anything that might get us into trouble you know I'm I'm an entrepreneur first so I'm out there to to educate and that's what I was going to ask so for you man just like a little bit about your journey because like it's not every day that you meet a a Securities attorney now granted we are at a fund event so then like of course you're going to run into a Securities attorney but like honestly you you I feel like and this is kind of cool I feel like me and you don't fit the molds   of our role like for like we're tatted like you know like you know I'm saying we're tatted we're a little bit more laid-back I got I think I posted this the other day I graduated college with a 2.3 GPA like I I just am not very qualified of what you would put the normal qual qualifications of a fund manager would be but for you like for you how did you get started and like what Drew you to Securities Law cuz it's a very specific Niche to be in for sure yeah and I really got started in real estate law so I was always drawn to real   estate I just knew it was a great investment I've just like intrinsically loved real estate I don't know what it was like even when I was in undergrad I was like man it would be so great to own these tow houses that I'm living in like things like that I've just always been attracted to it and investing in it so I started investing in it myself I started out doing real estate transactional law oh cool from that from that perspective and then I realized that you know raising Capital was a little bit more   sophisticated I I like that aspect better and I started gravitating towards that and got into Securities Law and and again at the same time as I was doing that I was also starting to Syndicate my own deal so um pretty interesting that I got kind of the legal side got the business side going at the same time so it gave me really good perspective that's cool so you talked about your journey a little bit I love like diving into that Journey because you you said that you you were in on some of your own   deals so you started as real estate attorney chop that like started doing that were you like a closing attorney yeah yeah okay so like a closing attorney uh and then started did you get to a point where you're like yo I see all this money that people are making I kind of want to do that is that how it like switched into you becoming an active investor into real estate uh yeah somewhat man I mean I took kind of the traditional route of real estate investing I read Rich Dad Poor Dad I started listening to Big Pockets the   purple Bible you know it man what it is um yeah did all that and house hacked into a duplex I mean that was my first property started fixing and flipping a few few property still own some single family those sorts of things um and then you're San Diego right I'm in San Diego yeah but I'm originally from West Virginia West Virginia West by God Virginia that's right all right I mean like I feel like if you I feel like if you're from there you would say something like that that does make sense that does make that's the say that's   what we say West by God Virginia no I don't know anything about V West Virginia but now but now I do so now do you own some of your properties in in very two very different markets West Virginia or San Diego is that like where you own them or are you in other markets they're all over the place so like we invested I lived in Charlotte for a little bit like you know so own a couple properties there own a property in West Virginia that duplex that I was telling you about cuz I moved there for a job really you know California is   tough like to make anything cash flow there's some Adu opportunities right now for that but really just own the house that I live in then I have a condo that I rent out up in Orange County and that's about it but the other ones are all kind of all over the place like we invested in Cleveland for a little bit as well oh yeah some multi family stuff in Cleveland that that was kind of in the single family phase but as far as like the multif family the retail a lot of that was like in the midwest um in   the in the um in the sun sun Bel area so all over the place and we did like industrial we did retail we did multif family um all all sorts of stuff man on the commercial side and it's good to know that background for you like not that background but like you had the ability to understand and how to structure some of those deals um and so I'd love to I'd love to talk about the structure of funds a little bit because this is sure I'm going to as the question that I think like everybody wants to ask an SEC attorney about the   difference between a 506b and a 506c and then what constitutes like having that pre-existing relationship right because like if you have a 506b or a 506c there's certain stipulations but those are the two most common right like 90% of funds are 506 BS or 506 C's and so and if I'm wrong just just let me know but I believe that's like the statistic and and with those what constitutes the differences and then the pre-existing relationship part is one that a lot of people have questions about for sure man   yeah you're spot on so far I mean 506b I like to Remember by buddy so it's typically going to be a buddy right like yeah you have to have so the rule isn't that you have to have a pre-existing substantive relationship the rule is you're not allowed to solicit or advertise that's the rule and the way that you show that is by having a pre-existing substantive relationship with those investors so that that's a little bit of a Nuance there the rule is really you can't or advertised you can't go on Facebook and talk about it you   can't take out Google ads and and put it out there you can't even talk about it really to strangers and invite them into your deals you have to have that pre-existing substantive relationship because otherwise think about it well how would they know about your deal if you didn't right like that's that's kind of the the mindset there so yeah be but the the advantage there of course is that you're allowed to bring in 35 non-accredited investors so that's why people go with the 506b route number one   you can bring in a limited number of non-accredited investors uh number two there's there's less requirements for you as the uh fund manager or the syndicator the capital raiser on proving if they're accredited or not because they just self-certify so those are really the two big reasons you would choose a 506b versus a 506c which you can remember that by community so it's a bigger pool of people all right it's 506c for Community those folks when you have that exemption then you can go out there to your community you can solicit   you can advertise you can put it on Facebook you can put it out there in your m mind you go speak on stage and say hey guys come invest in my deal you can do whatever you want really it gives you the freedom to operate and not feel like oh am I doing something wrong but obviously the big thing there is accredited investors only so if you choose that 6C exemption you're only allowed to bring in accredited investors and they're all you're also going to have to take reasonable steps to verify that and that's typically through uh a   third party vendor or through that Investor's attorney or uh CPA that's going to write them a letter that says that they're qualified yeah which typically and you and not typically but like this is why you see even older more established funds go with a B because it's easier to just bring them in so they don't have to do all that stuff yeah what you see is they'll do a 506b but they won't allow uh non accredited investors in so it'll be 506b but only allow accredited investors so that they don't have to they don't they can   self-certify yeah which is makes it just a whole lot easier of paperwork standpoint so then uh that's which is really really interesting so for for me and I'm actually I'm going to just dive in a little bit deeper because there's so much gray here and like you can it's fine if you don't bring any like Clarity to the situation but there's so much gray here because I hear people that are like all right now when you meet that person add it to your calendar that you met that person and then you could talk   to them three weeks later and then like then you could pitch your fun to them and then like then now you're showing the SEC that it's a a pre-existing relationship and then it's like well where the heck is the line if there isn't even a line and then it's like then then what do they what is the expect me to do you know like if somebody introduces me to somebody how the heck do I make sure that I'm compliant in that in that relationship that we have if I know that they even come into the relationship interested in   what I'm doing I want to take a quick second to talk to you guys about something that could completely change the game for you if you're serious about launching and scaling an investment fund if you've ever wanted to start a real estate fund private Equity Fund or syndication but didn't know where to start this is for you fund Founders is giving you free access to foundations 101 a step-by-step course designed to help you to structure your fund the right way so you stay SEC compliant raise Capital like a pro even if you   don't have a network yet scale your fund without constantly chasing investors and avoid costly legal mistakes that can shut you down this is the exact road map successful fund managers use to launch manage and raise capital for their funds without wasting time or money and the best part it's completely free go to funds onf fire.com back/ Founders or click the links in the notes to get instant access to the fund Foundation 101 course don't miss this if you're serious about raising capital and growing your fund this is where you   start again that's funds onf fire.com Founders or click the link in the notes now let's get back to the show yeah uh pre-existing uh actually just means pre-existing the offering so pre-existing your syndication pre-existing your fund so that makes it a little bit difficult when you've got let's say an evergreen fund right it's like well you got that offering open forever right so you can't even bring anybody in after you've opened it um that you don't already know but there is a there is a kind of a loophole I'll   call it it's not really a loophole it's it's actually a regulation but you can actually convert um a 506b to a 506c now you didn't used to be able to do that but I think that pass um maybe like two or three years ago where you can convert the 506b to the 506c now you can't go back after that but once you make that conversion you know get all your 506b investors in if you want to fill that 35 non accredited pool and then convert it to a see you can do that and then you can go out you can solc it you can   advertise you can talk about it you can bring in strangers yeah now that's really interesting too well and I do know that I think you just have to close subscription for like 24 hours right or something like that and then you can open back up you really just have yeah there's not really a Time requirement you'll hear something you you'll hear where there's like a cooling off period and they'll say 30 days 60 days but it really just comes down to closing that first offering because it's separate   that 506 B exemption offering and then opening that new C offering and just to be safe because again we're dealing with Securities it's always gray maybe give it that 30 days to cool off and then open up that 506c and then you're good to go and you have to refile like a form D and everything like that you do okay you do okay cool I wonder if you're your blue skies you can use the same documents but You' need a new form D yeah okay cool all right very interesting so that's cool to know too so I use a platform and I think we've   talked about it briefly called aester and I'm a big fan because it's a customizable fund they actually don't I think because of the nature of the customizable fund they actually said that I can't close down my be and open back up as a c just by nature of that type of fund and I thought that was really interesting and I know you and I have talked about potentially chopping up like what the heck is the I I think I sent you the stuff for it I can't remember but uh yeah I think so yeah talking about that customizable fund   because it sounds like um you know there's different fund models there's um there are the reg d506 B and C's there's reg CF reg A's and then you also run into like syndications and then you have fun of funds right and so it sounds like and for you you've kind of done all of them I think oh yeah but right now you're really focused on one major one right is that what you like so the fund that you currently operate and you're running uh I'd love to hear a little bit more about that yeah for sure so just to   comment on the the aester fund you know it's it's a kind of a new product right the customizable fund it's pretty new it hasn't really been tested on the legal side quite yet it's pretty complicated right like complicated from well what it spits out is simple right they say Hey you create this Evergreen fund and then you get you know each investor only gets 1 K1 even though they might be invested across a bunch of deals things like that which is great um but you lose that flexibility so I don't know the the   intricacies of it but you know you can imagine you've got this this customizable fund that's invested in let's say 10 different other deals or whatever and some of them it's acting as a fun of fund some of them it's acting as u a lead sponsor or all these different things so trying to convert that to a 506b from a or 506b to a 506c I can see where you can run into some complications there it might not be possible yeah and I think so because the structure sorry the structure of it they tell me what makes it customizable is   the fact that like our investors can log in and I don't actually like I have an overarching PPM they log in and they choose the their investment that they want to I'm not telling them the investment that they have to like invest into they read the deal disclosures and decide decide that that's what they want where they want to allocate their money to which allows for for the customizability of this type of model so I think like that's where converting it to a c would be yeah what you're saying for sure y that's that's kind of the   defining I guess piece of that customizable fund is that investor actually gets to pick and choose within your fund that you created where they invest um and that actually I can see where that why they do that I mean it's a it's a great concept but also that keeps you from actually making any decisions as the fund manager so that keeps you out of some certain regulations I'm like hey this is what we offer yep you can look at the deal disclosures and decide on where you want but like they could and this is like one   of the things that they like is I can say oh you could you could essentially diversify your portfolio within one fund because you could choose this one this one this one this one but you choose how much you want to go into there so that's that is a very interesting model and so that's really cool um or like yeah the investor chooses it yep the investor chooses it and yeah and and I'll you know that contrast to what you're alluding to which is an SPV fund of fund so that's what we do over at tribe vest   in full disclosure I'm Chief legal officer and a and a shareholder of tribe vest um so I'm a little bit biased and aester is you know we don't like to call him a competitor honestly they do fund of funds and we do fund of funds is like the overarching product but it's completely different you know one situation which why I brought it up it's the only reason why I brought it up because I'm excited to dive into tribe vest and what you guys offer um because this is not a pitch for tribe vest and like I didn't even know about I did know   I've heard of trivest but didn't even know you were a part of it before this podcast but I love hearing what you're a part of and that's why I want to dive into that a little bit because I think it's cool yeah and I like it it it might be a good to kind of lay it out right you've got these customizable fun of funds out there avor is really the only one offering them there's a couple other uh groups out there that are going to be offering them soon you can actually go to a Securities attorney and they can   put it together for you as well um and yeah and then you've got the SPV fun of fund again you can go through triest or you can SPV just for clarity special right special purpose vehicle or single purpose vehicle kind of either either one really applies then you've got your typical discretionary fund which you would go directly to a Securities attorney and that's where you're actually making some decisions you're saying okay I'm going to raise 10 million bucks and I'm going to invest in Deal one two three four five six seven   eight um and you're kind of making those decisions and there's a lot of rules and regulations that you've got to abide by to be able to do that without a license but anyways back to the SPV the single-purpose vehicle instead of a customizable fund where you know the investor is making the decision and you as the fund manager in you know you make all these different things Avail all these different Investments available the SPV is designed as a single purpose vehicle to invest in one single deal so   if there's a Target deal let's say a 200 unit multif family property in San Antonio um we're going to spin up an SPV for you to invest as a passive investor into that Target deal and that's it it's super simple it's super contained it's not complicated it it just keeps everything compartmentalized both from an asset protection standpoint and from visibility right you're going to know as the fund manager and as the investor exactly what you're investing in what you're how you're going to get paid what   your projective returns are and it doesn't really get mudded by other Investments and this is what I CU I've talked to other SEC attorneys and they've talked about it's funny they've talked about how rare what I've done so I've like maxed out my 506b on a my first fund being a blind fund and they were like that's super rare because you're saying hey just trust me but what you guys are saying what you're doing is saying hey this is the specific and that makes it a lot easier to raise Capital because like you said ton more   transparency they know what they're investing into and so for people starting out that's probably the route that they want to start with is something where they can bring transparency and then the investors that they're coming in know exactly what they're investing into that's right de yeah what you did Devon was incredible like it's really difficult to do most people don't start there they can't start there they don't have the ability to um to be able to build that up that level of trust and track record prior to   you launching the fund that's why you're able to do it but most people can't do it most people have to get their first few in the door by showing the investors hey this is the exact deal that you're going to invest in and you're getting you're going to be a part of and they can do their own due diligence and underwriting and those sorts of things and they're say oh yes I believe in that property or that deal and I also believe in you as the the fund manager or the syndicator and it's easier to raise   Capital that way as opposed to a blind pool fund where it's like hey just give me your money and we're going to invest in something that looks like this and yeah exactly exactly so I actually I want to dive into more into tribe vests cuz like so where does the benefit come in because like somebody can just go and get with an SEC attorney and create their own SPV and and kind of go that route but where's the benefit of somebody coming in and working with tribe vest like why I mean honestly like I please I like tell me like why have   you invested into it why do you believe in it so much and then yeah tell me a little bit more about it man yeah because it it just makes everything super simple and super contained and we handle everything so if you go to an SEC attorney like myself I'm going to come in and I'm going to I'm going to draft your offering documents I'm going to file your exemptions do your blue sky filings and that's it and I I'm going to wipe my hands of it and I'll say you know good luck you know more than that I'll help you out of yeah exactly I'm   going to charge you a lot of money I'm going to charge you at least 25k right Tri vest includes everything that you could possibly imagine so all these different parts that you would have to put together as a capital aggregator TR vest handles so that includes not just the offering documents the legal stuff the filing of the exemptions and the blue sky filings but we're going to file for your entity we're going to get your EIN we're going to be your registered agent we are going to uh onboard your   investors so we're going to act like an like an investor relations person on your team so all you do is send us your list of investors and we start reaching out we send them the docs we walk them through how to sign and get them through the signing ceremony we hound them or we call it hurting the cats to get them to actually fund the deal cuz sometimes people get cold feet so bug the hell out of them yep bug the hell out of them until they make that wire we do all that we do the uh the accounting in your k1s   we configure your cap table very cool we do your distributions we open your business banking account we do uh everything on the back end uh we've got the investor dashboard or investor portal that you can use which alone is you know you're going to pay $500 a month at minimum for that by itself so it it's incredible and we do it at an incredible price and I mean we're not we're very transparent about that it's $5,000 upfront and then $2,000 a year annually and that comes with docs and everything that comes with docks and   everything there's just you can't be beat I mean it literally can't be beat and the other thing is the speed so as soon as you sign the greenl docks which is basically just like hey you agree to the services that we're going to provide we will have you raising capital in five business days no way man that's really cool that's fantastic if you come to to me if you come to me as a security attorney I've got that hat on you know we're not doing in 5 days I'll tell you that now how much education do you help   with because I tell people all the time like here's the questions you should have beforehand because your SEC like your attorney will be the most expensive education you have ever paid for if you don't have that information beforehand so like what what type of because they'll charge you like if you don't know if you want a 506b or 506 C you don't know if you if you want your waterfall this way if you want this and you're just asking questions they're going to charge you by the hour to ask those questions and so for you like how   much help do you guys help for people who are like I've never started a fund I'm really looking forward to starting this but I don't know where to go what does that look like for you guys yeah I mean for tribe vest we're putting together some modules actually right now we're going to roll them out literally before the end of the year which will be fantastic because we're going to share that with with the world you're going to be able to self-educate on what is a fun to fund how does that look like in the   fundraising ecosystem like you know what is a preferred return what is the profits what kind of fees can you charge all kind of the nuts and bolts that you need to know we're going to have that out there so soon enough that'll be available to the public and that'll be a huge value ad and huge help for us as well because we don't have to educate one-on-one anymore as a Securities attorney I I will advise on people I mean I'm I'm happy I'm I'm more of a mentor and a coach when it comes to that sort of stuff and I'll I'll be like look   attorney hat off right now I'm going to tell you this and here's kind of your gray area and that sort of thing so you know I I I think I get into those sorts of things a little bit more than most attorneys will um but if you go to like a a large Law Firm or even a regional Law Firm they're they're going to charge you per hour and that's going to be anywhere between you know $400 to $1,500 an hour yeah there's no doubt there's there's no doubt so and this is really interesting because one of the questions   that I had just going into this um and not even knowing about uh the not even knowing about tribe vest and and all of that is what have you seen as far as like trends that you're seeing in the industry right now because Trends seem to be changing one just even I I'm a disruptor you're it seems like you're a disruptor of Industries and we're trying to disrupt this huge investment fund industry um but it seems like there's being like there's different type of offerings there different structures there's different   things that people are doing what are some of the trends that you're seeing that people are kind of pressing against or starting in as far as funds as a whole you seeing that being the case of being become more common yeah I mean so like biggest picture right is trying to get these types of alternative Investments to the masses because most wealthy people even rich people whatever you want to call them that have some Expendable income that want to invest the only thing they know are 401ks stock market mutual funds   and those sorts of things and they we just need to get that out there and I think you're seeing a trend towards that I think bringing in more people that want to raise capital and start a capital raising business is how you do it right because they've already got their built-in networks and then those networks know other people and and it kind of spiderwebs out from there so that's that's kind of the biggest picture trend is just trying to see well we're seeing you know alternative investments just become more available   to the masses second you're seeing the industry go away from the CP model which I like to say the cgp model is dead and you're seeing people turn to the fun of funds route yeah because the cgp model has just been abused if you do it the right way if you're actually an active partner and you're actually participating in the meetings and and decid on Asset Management typee decisions then all good that's how it's supposed to be but when you're just raising capital and not doing anything else that's when the CP model gets   abused and it's not just oh well you shouldn't do that it's illegal it's plain and simple illegal so that was like the conversation I'm telling you when um I was having the conversation with that guy at my at my Mastermind and he was like we're doing this and I go like stop and he's like haa and I go no no it's illegal and he's like oh haha and I'm like no no like prison illegal and they I feel like just people don't understand the severity because they feel like what's wrong with it it's not that bad and it's like no no it's   illegal yeah and you know that this is just what happens right like you just kind of everybody just pushes boundaries pushes boundaries and you know fortunately or unfortunately however you want to look at it the industry's been fantastic for a long time right the real estate industry's went up since the the crash in 2009 2008 all the way until really covid and that was just a blip and then it took off again and then B basically up until last year 2023 is when you started seeing it kind of take   a nose dive a little bit because of interest rates and not because of the actual state of the market but the interest rates but either way it started going down you started seeing some people get in trouble but all along the way on that rise up all the investors have been happy he's suing anybody because they've been getting their returns and they've been everybody's been crushing it and even if you're a terrible operator you've still been crushing it because the market saved you and nobody's getting sued so it's all   good until it's not and then you've seen in yeah and then you see in 2023 you see you know potential foreclosures and workouts and you know Capital calls things like that investors aren't happy and we're in America and people are like yo how can I get my money back well you try to sue somebody and that's when you start seeing some of these things where the cgp model was abused or people weren't raising Capital the right way or they didn't f exemptions all those sorts of legal things that nobody really   worried about because everything was great start coming up and you're you're seeing that now so you're seeing that shift away from the CP model to the fund of funds model because the fund of funds model is compliant obviously if you do it the right way but it's more compliant and it's always been the answer but at the end of the day it's expensive it's more complicated you've got more attorneys you've got a whole separate offering all these different things that you have to take into account and people   were like I'm not doing that but now we're kind of forced into having to do that and that's where you know tribe vest and aester and some other folks are coming in and having coming up with solutions for that yeah that's really cool um because one one more thing I'm really curious on that you've seen because I feel like there is a fairly irreg irregulate asset you know coming into a very regulated um like structure right so one the things I'm talking about is like the rise of crypto in these crypto funds and these blockchains   based funds have you seen that start to affect like the legal landscape of funds and the formation that people have of that and the way that people are thinking through that and even how the SEC is starting to figure that out and uh and stuff like that have you seen like an emergence of more of those blockchainbased funds I have yeah and not just like strictly you know blockchain and and crypto but also just spin-offs of that right like you saw tokenized real estate was a big thing for a little while it's kind of turned   down a little bit but that was huge that was like I was crazy that you could be like I'm tokenizing my my bathroom and when I sell it you get like that much of the footage and the appreciation it's like what that's crazy yeah so it's kind of cooled out a little bit you know I don't I honestly don't follow that that closely just because I know that it just changes so fast and especially now that we've got the new Administration in here you're probably going to see a lot more loosening of that which would be good   for us but yeah I mean you know you're going to see that right like CU we are just on the the precipice of just crazy technological advancements from tokenized Real Estate to you know crypto to AI like all this stuff is going to like this landscape 5 years from now is is going to be unrecognizable yeah that's it's it really will just because of the way that contract law is going to go from the from the from um from I guess blockchain based like because like you'll see that where the blockchain will take a lot of   those uh a lot of that aspect and change it and flip it on its head so it's going to be super interesting to see how that goes man I want to respect honor your time I appreciate you being on I guess one thing I guess one more question that I have before we kind of go into the exit if there's somebody that's thinking about starting a fund because what you were saying earlier really there's only two main people if I'm fully transparent I want to be able to be uh the voice of funds for minorities and women in this   country because like all those other they all the white dudes they could have all the other white dudes that's fine with me but there's a lot there's a there's a huge disparity I heard uh don peees once say and this has changed my my my thought my process like my mindset ever since he says in the history of America there has been $94 trillion to come in through private equity and real estate in the history of American and history of America 8.3% of that had no sorry 1.7% of that have gone to minorities and women that means 98.3% of   that has gone to white men and so there's this massive disparity between access to education like you're saying access to Capital Access to I think there there's this quote that says the world equally distributes talent but doesn't equally distribute opportunity and so there's this huge disparity of opportunity of people that look like me and look like you and look like women around this country that I would love to make sure we're the voice for and so for people who don't have a lot of that education one what's a big piece of   advice that you would give them and when they're starting to think about starting a fund because I think like if I'm full of transparency most of the people I talked to and I told you I saved from prison there were black dudes they're just trying to do the right thing but don't have the education to do the right thing and so for for that like what what's a big piece of advice you would give people that are thinking like I think I want to start a fund um what should I look out for how expensive does   it matter because we've talked about a better solution for how expensive it can be but what's the thing that they should be looking out for yeah I mean you know right off the bat like be confident and don't be intimidated because I think some people yep in those groups that you described might feel a little discouraged because of that because you walk into a room that is maybe all fund managers or all capital risers or you know those types of people and you're like who I don't look like everybody   else so maybe I don't belong here or maybe your confidence goes from here to to hear and you're like and then and then you come off that way right like you've got to you got to step into that room with confidence and a lot of a lot of that comes down to self-education right like it comes from education and it's out there now I mean we mentioned that there's only a few really good sources but you can still piece it together I mean you can find anything on YouTube University just to at least get the you know being able to talk to talk   and walk the walk and and feel confident doing that so just get educated to start get that Baseline and then get out there and just be be confident like I said don't be intimidated don't feel like you don't belong because we got to get folks out there that are that are doing it from from those groups yep that's right man well I appreciate it Seth where can people find you where can people hire you where can people join what you're doing um because I think that they should I'm a big believer in you and   what you're doing and I'm excited for for all those things appreciate it man I usually update all my Links at Seth Paul bradley.com so you can find everything there I'm all over social media so all my handles are Seth Bradley Esq cool man I appreciate you thankful for your time thankful for your friendship I really look forward to uh to Growing growing together man it's fun to see other people that like we're about the same age I don't know you look like you're in your 20s but you're you're not I know   that but like uh but like like for us to just rise together on this man and so I'm thankful for this journey that we're on together and I appreciate you being here today love it brother appreciate you yes sir talk to you later man wow I hope you enjoyed that I have a quick favor if you've been enjoying the show there's one simple way you can support us and it's by hitting that follow button or that subscribe button on the app app you're listening to I want to level this podcast up in every single   way possible bringing you more value incredible content and guests and new strategies Following the show and leaving a quick review goes a really long way in helping us to grow and continue to deliver top tier content it's the only free thing I'll ever ask you to do and it makes a bigger impact than I can possibly put into words so thank you for being a part of this journey and I'll definitely catch you on the next episode to great success and greater impact peace Links from the Show and Guest Info and Links: https://www.youtube.com/watch?v=P-w_w6WAUVw https://www.instagram.com/p/DHbcSjGT7Jn/ https://tinyurl.com/FFfoundations-YT https://pfcapital.us/ Seth Bradley's Links: https://x.com/sethbradleyesq https://www.youtube.com/@sethbradleyesq www.facebook.com/sethbradleyesq https://www.threads.com/@sethbradleyesq https://www.instagram.com/sethbradleyesq/ https://www.linkedin.com/in/sethbradleyesq/ https://passiveincomeattorney.com/seth-bradley/ https://www.biggerpockets.com/users/sethbradleyesq https://medium.com/@sethbradleyesq https://www.tiktok.com/@sethbradleyesq?lang=en Devin Robinson's Links: https://www.instagram.com/devin.robinson1/ https://www.linkedin.com/in/devin-robinson-997ba040/ https://www.facebook.com/drob737/ https://x.com/devinrobinson37 https://www.threads.com/@devin.robinson1 https://www.tiktok.com/@devin.robinson1  

On this episode of Beyond Multifamily, Amanda Cruise and Ash Patel interview Derek Petersen, a former civil engineer turned real estate developer focused on adding value through Accessory Dwelling Units (ADUs) in San Diego. Derek shares how he transforms garages, carports, and storage spaces into high-demand micro-apartments near SDSU, maximizing returns by building for under $100K and renting for $1,500–$2,000/month. He dives into the nuances of California's ministerial approval process, lending strategies, and how compounding capital—even through operational cash flow—drives his long-term wealth strategy. The episode also explores Derek's candid lessons from a challenging Lexington multifamily deal and his views on financial freedom and the psychological barriers many face in pursuing it. Derek Petersen Current Role: Founder of Avira Capital Investments, real estate investor and developer specializing in ADU conversions Based in: San Diego, California Say hi to them at: derek@aviracapitalinvestments.com | YouTube: Search “Derek Petersen ADU San Diego” Go to https://zbiotics.com/BESTEVER  and use BESTEVER at checkout for 15% off any first time orders of ZBiotics probiotics. Get a 4-week trial, free postage, and a digital scale at ⁠https://www.stamps.com/cre⁠. Thanks to Stamps.com for sponsoring the show! Post your job for free at https://www.linkedin.com/BRE. Terms and conditions apply. Join the Best Ever Community  The Best Ever Community is live and growing - and we want serious commercial real estate investors like you inside. It's free to join, but you must apply and meet the criteria.  Connect with top operators, LPs, GPs, and more, get real insights, and be part of a curated network built to help you grow. Apply now at ⁠www.bestevercommunity.com⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

This episode of Life With Mikey is a real estate and relationship masterclass featuring Kathy & Rich Fettke, founders of RealWealth and champions of long-term wealth building through smart real estate strategies.They reveal how to invest when fear is in the air, why “I don't know” is a trust-building superpower, and how to educate investors in tough markets. From debunking financial headlines to taking bold moves during 2008 financial crises, the Fettke's drop golden insights on building wealth and a strong marriage.Plus: We talk bonus depreciation, Gen Z house hacking, ADU opportunities, and why waiting for “perfect conditions” is a trap. Whether you're a first-time investor, seasoned syndicator, or curious how married business partners really make it work this one is for you.COMMUNE Fund VI

It's The Geoff and Whisp Show! Live from the 108.9 The Hawk Beach House and Jason Gore fills in for Whisp Turlington, as Whisp REFUSES to leave his air conditioned ADU. Jason and Geoff talk about the band Chicago (imagine that), the “Slanted & Enchanted” Beach House deck that was built by Stephen Malkmus, Val Verde's T-Ball championships and you will NOT believe all of the celebrities in the latest REGAL KINGDOM commercial - including a ghost?! Community Calendar! And we try to get traffic from Art Spart, but he's too locked into “Crazy Taxi” on his Twitch stream this morning. Sponsored by God's Golden Brew! Movie Town Movies! And a special announcement from Val Verde Police. Here's how YOU can support Val Verde's second choice for rock, 108.9 The HawkSubscribe to the podcast on Apple, YouTube, Spotify or whatever you listen on!Visit our website & sign up for our mailing list: https://1089thehawk.comJoin the Patreon for early access & bonus shows: https://patreon.com/1089thehawkSubscribe to our YouTube Channel: https://www.youtube.com/@1089thehawkFollow us on social media: Instagram, TikTok, Bluesky, Facebook, Threads Hosted on Acast. See acast.com/privacy for more information.

Westchester buyer to pay $1.8 million for Mase station Beacon officials have entered into a contract to sell the city's decommissioned Mase Hook & Ladder fire station for $1.8 million. The buyer, Michael Bensimon, signed an agreement on June 24 to acquire the property at 425 Main St., including the three-story brick firehouse that has stood there since 1911. Bensimon, who lists a Port Chester, New York, address on the agreement, made a down payment of $180,000. According to the sale contract, which was provided to The Current, he has a 45-day due-diligence period during which the sale can be canceled and the down payment refunded. City Attorney Nick Ward-Willis said he expects the transaction to close by the end of August. Bensimon and his attorney each declined to comment. Dutchess County records show that an LLC with the same Port Chester address owns 475 Main St. in Beacon, next to the Howland Cultural Center. Although Dutchess records incorrectly combine three parcels - the Memorial Building at 423 Main St., Mase at 425 Main and the adjacent municipal parking lot - into one, Bensimon plans to purchase only the fire station property. It is in Beacon's Central Main Street zoning district; Planning Board approval would be required to bring a commercial or residential use to the building. The city will retain the parking lot, which it intends to restripe for a more efficient layout. Bensimon will receive three spaces. Verizon Wireless will retain its lease to place an antenna on the firehouse roof and equipment in a fenced area behind the building. The site is also part of Beacon's protected historic district, which means that substantial exterior changes to the building would require a "certificate of appropriateness" from the Planning Board. According to the contract, Bensimon must apply for permits to begin interior renovation of the building within six months of closing, and obtain certificates of occupancy, compliance or other municipal approvals within 18 months. Mase and the former Beacon Engine Co. firehouse at 57 East Main St. were listed by the city for sale in May. Both became surplus after a $14.7 million centralized fire station opened near City Hall last fall. Accessory dwellings Homeowners earning up to 120 percent of the Dutchess County median household income ($97,273) can apply beginning Monday (July 14) for grants of up to $125,000 to create or upgrade an accessory dwelling unit (ADU). Beacon and nine other municipalities in Dutchess County were awarded $6 million earlier this year through a state program designed to help low- and moderate-income residents build ADUs. The program is being administered locally by Hudson River Housing, a Poughkeepsie nonprofit. See hudsonriverhousing.org. The City Council on July 7 also adopted amendments meant to simplify regulations of accessory apartments. The law now permits ADUs in all zoning districts but only on lots with a single-family residence. One of the structures must be owner-occupied, and the ADU cannot be used for short-term rentals such as through Airbnb. A maximum size was removed from the law, but Planning Board approval will be required if the unit is greater than 1,000 square feet and its floor area is greater than 50 percent of the primary building's floor area. No off-street parking is required. Capital plans The City Council on Monday (June 7) unanimously adopted a five-year capital plan that details $29 million in equipment purchases and infrastructure upgrades for 2026 to 2030. The plan authorizes $6.5 million in spending for 2026, a year that will be highlighted by the renovation and greening of the southwest corner of Memorial Park, estimated to cost $400,000. The city plans to resurface the basketball courts, install pickleball courts, construct a softball batting cage and renovate the bathroom at that end of the park for public use. The adjacent skateboard park has been repaved, with new skating elements and an "art wall" installed. Phase 2 o...

Buying a new home while keeping your current one can be a smart investment strategy—but it does come with financial challenges, especially when it comes to managing debt. Here are ways you can offset or manage the debt to make this dual-home scenario work:

In Myanmar werden Tausende Arbeitssklaven in sogenannten Scam-Fabriken gehalten, angelockt aus dem Ausland mit vermeintlich lukrativen Jobs. In den Betrugszentren zwingt man sie dann, Unschuldige online auszubeuten und so viel Geld zu machen. Justus, Christiane, Adu, Yana www.deutschlandfunkkultur.de, Weltzeit

Karen & Janet's first guest for this week's podcast is Larry Reyes from Smart Home Mortgage.  Larry has good news for the market as inventory has picked up - plus learn about how a Cash-out Refi will help you with construction of an ADU and with expenses.  Larry will talk about buyouts for divorcing or separating couples too.  Janet and Karen's next guest is Rob Leatherwood, Government Affairs Director, Ventura County Coastal Association of Realtors.  Rob is a wealth of information for both owners and renters!  Topics Rob discusses on this podcast include, insurance quotes and how changing policies will affect you, learn about laws that apply to renters, buyers and landlords. Understand these laws and how they apply to you.  Rob discusses the protection homeowners still have under Prop 13.  He also covers conversion of commercial space to mixed use  and how it will help Ventura County!  So much information you need from Karen & Janet, Girls On The Air!

In this role-play session, Aaron Novello guides you through creative real estate solutions that go beyond price cuts—think assumable loans, ADU conversions, referral-fee tactics, and more. You'll see exactly how to handle seller objections real estate pros face and uncover seller motivation so every conversation moves listings forward.

On today's episode - In April, Merrimack County Savings Bank (The Merrimack) announced the expansion of its construction loan program to include Accessory Dwelling Units (ADU). An ADU is a small residence located within, attached to or detached from an existing primary residence. With a limited supply of affordable housing options in New Hampshire, ADUs meet the need for available housing and prevent further land development.Guest: Jaime FrederesSVP & Residential Lending Officer, The Merrimack

Could “granny flats” help ease Chicago's affordable housing crisis? Many advocates and even political leaders think so – the problem is, they're banned in Chicago. And political gridlock makes legalizing them easier said than done. Reset finds out what the process of building Additional Dwelling Units is like and what's getting in the way of expanding this housing option across the city with a panel of guests: Brian Peterman, a Lakeview resident who built an ADU on his property; his mother-in-law Louise D'Agostino, who lives in the ADU, and Alex Nitkin, government finance and accountability reporter with the Illinois Answers Project of the Better Government Association. For a full archive of Reset interviews, head over to wbez.org/reset.

ICE's deportation quotas and Trump's orders to target “Democrat-run cities” might put San Diego in the administration's crosshairs. And with the resulting social unrest, local artists are responding. Then, the city is changing its ADU bonus program — find out more about its new limits. Finally, Imperial County has a new CEO with a new higher salary — hear about why some local leaders are questioning the timing of the hire

Lou on housing and ADU's.

In this episode of The Passive House Podcast, Mary James sits down with Parlin Meyer, Managing Principal of BrightBuilt Home, and Chris Lee, Head of Design & Development at Backyard ADUs, for a deep dive into the growing world of accessory dwelling units (ADUs). Together, they explore how prefabrication, modular construction, and progressive policy shifts are reshaping the housing landscape in the Northeast and beyond. From multigenerational living to zoning reforms and cost challenges, Parlin and Chris share insights from the front lines of ADU design and delivery—what's working, what's not, and where this crucial housing type is headed.https://www.brightbuilthome.com/https://backyardadus.com/Thank you for listening to the Passive House Podcast! To learn more about Passive House and to stay abreast of our latest programming, visit passivehouseaccelerator.com. And please join us at one of our Passive House Accelerator LIVE! zoom gatherings on Wednesdays.

In this role-play session, Aaron Novello guides you through creative real estate solutions that go beyond price cuts—think assumable loans, ADU conversions, referral-fee tactics, and more. You'll see exactly how to handle seller objections real estate pros face and uncover seller motivation so every conversation moves listings forward.

Dean takes listener calls about home remodeling and design.  Callers ask Dean about how to insulate an older home without resorting to pulling apart the walls, water spots on the ceiling (a lot of them) and how to cover them up, whether or not replacing a 20 year old roof with solar is a good investment vs, building an ADU, how to fix scratches on an engineered wood floor, what's the best way to replace a mirror with a mirror / medicine cabinet combo for a master bathroom and when you're painting your home and use an accent color, should you use that accent color for all exterior doors or just one? 

Properties for Sale on the North Side?  We want to buy them. Email: StraightUpChicagoInvestor@gmail.com Have a vacancy? We can place your next tenant and give you back 30-40 hours of your time. Learn more: GCRealtyInc.com/tenant-placement Has Property Mgmt become an opportunity cost for you? Let us lower your risk and give you your time back to grow. Learn more: GCRealtyinc.com ============= How can I prepare my existing property to add an ADU? If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! ============= Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Prashanth Mahakali, PMPC Link: Episode 21: Leveraging an Architect for Chicago Permits, Building Violations, & Nonconforming and Illegal Units, with Prashanth Mahakali ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2025.

In this episode of Zen and the Art of Real Estate Investing, Jonathan sits down with Lon Welsh, founder of Ironton Capital and Your Castle Real Estate, to explore what it takes to transition from active to more passive and diversified real estate investing. With a background that spans flipping homes, self-managing rentals, and launching investment funds, Lon shares how his personal experience shaped the way he helps investors today. The conversation starts with Lon's early steps in real estate, living below his means, and creating a basement ADU, and expands into his evolution as a syndicator and fund manager. He explains how burnout from hands-on property management pushed him to reimagine his investing strategy, leading to the creation of Ironton Capital's fund-of-funds structure. The result is a platform designed to serve professionals who want the benefits of real estate without the headaches of daily management. Jonathan and Lon talk through how geographic and asset diversification help manage risk, what investors should look for when evaluating sponsors, and how to align financial decisions with broader life goals. Lon also shares why mindset matters just as much as metrics, and how long-term thinking leads to better outcomes. Whether you're an experienced investor or someone looking to move beyond direct ownership, this episode offers a practical take on what passive investing can actually look like when done right. In this episode, you will hear: Building early financial discipline into real estate strategy Flipping and self-management lessons that still hold value today The role of fund-of-funds structures in simplifying passive investing Diversifying across markets and asset types to reduce exposure Key sponsor traits to look for as a limited partner Matching investment choices with lifestyle and freedom goals Follow and Review: We'd love for you to follow us if you haven't yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We'd love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. Supporting Resources: Ironton Capital's website - irontoncapital.com Ironton Capital on YouTube - irontoncapital.com/youtube Ironton Capital's Facebook page - irontoncapital.com/facebook Find Ironton Capital on Instagram - irontoncapital.com/instagram Follow Ironton Capital on LinkedIn - irontoncapital.com/linkedin Get your free copy of “The Complete Guide to Passive Diversified Real Estate Investing” - irontoncapital.com/realestatezen Website - www.streamlined.properties YouTube - www.youtube.com/c/JonathanGreeneRE/videos Instagram - www.instagram.com/trustgreene Instagram - www.instagram.com/streamlinedproperties TikTok - www.tiktok.com/@trustgreene Zillow - www.zillow.com/profile/StreamlinedReal Bigger Pockets - www.biggerpockets.com/users/TrustGreene Facebook - www.facebook.com/streamlinedproperties Email - info@streamlined.properties Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.

Michael Hoffmann, also known as “Mr. Passive,” is a real estate investor, vending entrepreneur, and advocate for time freedom through smart investing. Starting from humble beginnings in rural Iowa and a 60-hour-a-week coaching job, Mike leveraged a $70,000 fixer-upper into a thriving portfolio—including real estate, vending machines, e-commerce, and Bitcoin mining. He now teaches others how to create scalable passive income using creativity, trends, and delegation.     Make sure to download our free guide, 7 Questions Every Passive Investor Should Ask, here. Key Takeaways Mike started his investing journey with a $1,200/month salary and turned a small rental into a life of financial flexibility. He follows a 30-60-90 rule to make every investment passive within the first 90 days. Vending routes and unattended retail offer high-margin, scalable passive income opportunities beyond traditional real estate. He uses trends and automation—like AI-based vending—to identify untapped markets. Asset flexibility and time buyback are central to his investment philosophy.     Topics From $1,200 a Month to Passive Investor Started in college athletics making just $1,200/month while working 60+ hours per week. Bought a $70K turnkey rental and later scaled through 1031 exchanges. Focused early on delegating property management to stay hands-off. Creative Wealth-Building with Real Estate Leveraged 1% rule and capital gains to buy a condo, then pivoted to short-term rentals in high-growth areas. Built and rented out an ADU in Oregon to double rental income from a single lot. Invested in land outside city limits and is developing duplexes permitted as townhomes for long-term flexibility. Unattended Retail: The 21st Century Lemonade Stand Owns 100+ vending machine locations generating $100K/month. Transitioned from old-school machines to smart, AI-enabled retail kiosks offering allergy meds, protein bars, and over-the-counter products. Hires route operators from the gig economy and uses GMs to stay completely passive in the business. Passive Income Across Asset Classes Invests in Bitcoin mining, e-commerce, and unattended markets. Believes in analyzing trends and entering where customer needs are evolving. Inspired by a vending machine experience at an airport that charged $3 for water—realized someone was profiting while he was grinding.    

Buying a new home while keeping your current one can be a smart investment strategy—but it does come with financial challenges, especially when it comes to managing debt. Here are ways you can offset or manage the debt to make this dual-home scenario work:

Tired of the traditional path of buying a house, settling down, and living with a big mortgage? You're not alone—and you don't have to follow that route. In this episode, Brian and Deni explore 10+ creative, budget-friendly alternative housing options that challenge the status quo. From house hacking and RV living to pet-sitting abroad and living on a boat, you'll discover unconventional ways people are slashing their housing costs while living life on their terms.

What do the new ADU laws California actually mean for you — especially if you're in Oxnard? This episdoe breaks down ADU laws California 2025, covering exactly what Oxnard homeowners must know before starting an ADU project.If you're wondering “can I build an ADU on my property?” or confused about how California ADU requirements apply to Oxnard zoning, this guide walks you through the real deal — without the jargon. From Oxnard ADU laws and setback requirements, to detached ADUs, permits, JADUs, and what Oxnard actually allows, we're explaining everything in plain English.✅ Learn how to navigate city overlays, zoning restrictions, and Oxnard's unique permit process✅ Understand why ADU permit process California doesn't always mean automatic approval locally✅ See how what is a JADU in California compares to a full ADU — and why it matters for your lot✅ Discover why building a detached ADU in Oxnard comes with city-specific rules✅ Avoid the common pitfalls that lead to permit delays or denials✅ Get the facts so you don't waste time or money

We hear about proposed changes to San Diego's ADU bonus program, and how they could prevent housing construction in the city's wealthiest neighborhoods. Plus, why SDUSD is changing its graduation requirements.

Want to buy real estate WITHOUT banks or using your credit? Go Here:⁠⁠⁠⁠⁠https://creativefinanceplaybook.com/?utm_source=podcast&utm_content=cfp&utm_campaign=homep⁠⁠⁠⁠⁠Join The Creative Finance Playbook Coaching Program & Learn Directly from Jenn & Joe:⁠⁠⁠⁠https://creativefinanceplaybook.com/wait-list?utm_source=podcast&utm_content=cfp&utm_campaign=wlist⁠⁠In this episode of the Creative Finance Playbook, we sit down with Miranda — a healthcare worker in California who's doing BIG things in real estate. Even though home prices are high where she lives, Miranda didn't let that stop her. She found smart, creative ways to invest!She started with house hacking, then added a mix of long-term and midterm rentals to grow her cash flow. And now? She just bought her very first tiny home (an ADU) using seller financing — no banks needed!But Miranda's journey hasn't been easy. This past year, she lost five people she loved. Still, she kept showing up to our support calls, pushing forward with courage and heart. Her story is one of strength, grit, and serious determination.We are so proud of her and excited for what's next — especially with her new tiny home, “Tacos Casita,” that's already adding cash flow and building wealth.Watch now to be inspired by a real-life hero who proves that even on the hardest days, you can still show up and build your dream.Don't forget to like, subscribe, and share this with someone who needs a little extra encouragement today!Miranda's Instagram:https://www.instagram.com/miranda.widmeyer?igsh=NTc4MTIwNjQ2YQ%3D%3D&utm_source=qrMiranda's Facebook:https://www.facebook.com/miranda.widmeyerScrubs2Success:https://facebook.com/groups/842605144621872/Miranda's Youtube Page and episodes: Rent To Own Deal Breakdown and Creative Finance Q&A LIVE with Jenn | E27: https://youtu.be/rkTN4bNOnbo► Book a call with Joe if you are interested in our coaching program⁠⁠⁠⁠https://creativefinanceplaybook.com/wait-list?utm_source=podcast&utm_content=cfp&utm_campaign=wlist⁠⁠⁠⁠► Come to our next free 5 hour live training⁠⁠⁠⁠https://creativefinanceplaybook.com/5live?utm_source=podcast&utm_content=cfp&utm_campaign=5hls⁠⁠⁠⁠► Learn How To Generate Free Off Market Leads & Talk To Sellers (Free Guide)⁠⁠⁠⁠https://creativefinanceplaybook.com/score-free-leads?utm_source=podcast&utm_content=cfp&utm_campaign=freeleads⁠⁠⁠⁠► Join Our Free Facebook Group & Connect with Us and Our Community:⁠⁠⁠⁠https://www.facebook.com/groups/creativefinanceplaybook⁠⁠⁠⁠► Follow Us on Instagram for Real-Time Tips & Updates:⁠⁠⁠⁠https://www.instagram.com/creativefinanceplaybook/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠► Like Our Facebook Page to Stay Updated:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.facebook.com/CFPlaybook⁠⁠⁠⁠► Subscribe to Our YouTube Channel:⁠⁠⁠⁠https://www.youtube.com/@creativefinanceplaybook⁠⁠⁠⁠

In this episode of INVESTOR CLUB ROUNDUP SHOW  host Joey Romero sits down with REIA leaders Lisa Hoegler (LA South REIA), Larry French (CV REIA), and Dan Redig (SDCIA) for a dynamic roundtable discussion. They share how their clubs have adapted in a changing market—from flipping to finance, lunch meetups to online events, and a growing focus on ADUs. Tune in for valuable insights on local real estate trends, the power of investor communities, and how education is evolving across California's REIA landscape. For more information on this month's featured clubs and speakers, please see below:LA South Real Estate Investors AssociationSan Diego Creative Investors AssociationCoachella Valley Real Estate Investors AssociationIn this episode:Joey Romero introduces REIA leaders Lisa Hoegler (LA South REIA), Larry French (CVREIA), and Dan Redig (SDCIA)Lisa Hoegler shares LA South REIA's shift from flipping to finance and economicsLarry French discusses CVREIA's monthly meetups and local market focusDan Redig highlights SDCIA's hands-on approach and ADU trends in San DiegoREIA leaders reflect on club growth and adapting to market challengesLocal real estate investing opportunities unique to LA, Central Valley, and San DiegoThe role of community support and education in investor successImportance of dynamic speakers and staying connected through evolving formatsThe Norris Group originates and services loans in California and Florida under California DRE License 01219911, Florida Mortgage Lender License 1577, and NMLS License 1623669.  For more information on hard money lending, go www.thenorrisgroup.com and click the Hard Money tab.Video LinkRadio Show

A KPBS analysis finds the new proposed ADU rules in San Diego would make it significantly more difficult to build in the city's whitest and wealthiest neighborhoods. Then, find out which issue UC San Diego researchers say has broad support among Republican and Democrat voters. Voice of San Diego's Lisa Halverstadt joins us to talk about how a fight between the city and county is endangering one successful homeless shelter. And a white actress is suing the county library for discrimination after it wouldn't allow her to portray Black civil rights icons. Finally, health violations at an El Cajon skilled nursing facility temporarily shut down its kitchen — a rare, but serious action.

But Even If He Does Not... Daniel 3:18 For the bulletin in PDF form, click here. Guiding Principle: Our Faith Outweighs Our CostOverview of Daniel What's in a Name?Shadrach: Hananiah, God is gracious, a compassionate God Meshach: Mishael, Who is like GodAbednego: Azariah, God helps, He is the ultimate rescuer The Trial The Accusation (Daniel 3:13-14) The Defense (Daniel 3:16-18) But Even if He Does Not... (Daniel 3:18) The Sentence (Daniel 3:19-23) What Do We Learn? Next Steps?Trust in GodTrust in the unknown because God knows Stand Tall against the worldStand Firm irregardless of the cost But Even if He Does Not...Mission Highlight - Pray for the Unreached: The Adu people of ChinaThe Adu people of China, a subgroup of the Yi nationality, number just 8,200 and remain entirely unreached with the gospel. Though they speak a dialect of Yunnan Chinese and have access to the complete Bible, Jesus Film, and audio recordings, there are no known Christians among them. Most younger Adu are non-religious, while older generations hold to animistic traditions. Isolated and largely unaware of the gospel, they need workers willing to bring the message already prepared in their language. Pray for a spiritual hunger and a powerful movement to Christ among the Adu.FinancesWeekly Budget 35,297Giving For 05/20 34,393Giving For 05/11 27,440YTD Budget 1,588,372Giving 1,532,340OVER/(UNDER) (56,032) VBS 2025 | June 23-27 | 9:00 am - 12:00 pmJoin us in Ancient Egypt! You'll explore Pharaoh's palace, experience thrilling “real-life” dramas, play high-energy games, sample tasty snacks, and hear unforgettable music. Plus, you'll meet lots of new friends! VBS is for children currently in kindergarten through fourth grade - invite a friend for free! Register by June 6, at fellowshipconway.org/register. The cost is $5 per child. New to Fellowship?We are so glad that you chose to worship with our Fellowship Family this morning. If you are joining us for the first time or have been checking us out for a few weeks, we are excited you are here and would love to meet you. Please fill out the “Connect Card” and bring it to the Connection Center in the Atrium, we would love to say “hi” and give you a gift. Atrium Remodel Exciting changes are happening to the atrium over the next two and a half months as we continue inviting people into God's story, equipping and releasing them to become reproducing disciples of Jesus Christ. The remodel includes adding a bathroom stall in both the men's and women's restrooms. The atrium will be under construction, but usable on Sundays, except the restrooms, which will be closed until mid-July. Please use the bathrooms that are located in the first kids hallway (elevator and stairway area). Imperishable: a 4-Week Study of 1 PeterJoin us for Imperishable, Wednesday nights at Fellowship beginning May 28, at 6 p.m. led by Heather Harrison. Text Shanna at 501-336-0332 to reserve childcare. Register at fellowshipconway.org/register.Fellowship 101We invite you to join us on Sunday, June 8, at 9:00 a.m. to learn more about Fellowship. This is a great opportunity to hear about our mission, values, and our ministries. If you're new to Fellowship, join us in the conference room (first floor) to hear what God is doing and where He is taking us. During this time, you will meet some of our ministry leaders and get to ask questions. Register at fellowhipconway.org/register..Fellowship Kids Summer BashSummer is almost here, and we want to celebrate! Join us on Saturday, May 31, from 10 to 12:00 p.m. for fun and games, finished off with some frosty treats. You won't want to miss out as we welcome summer with our Fellowship friends and family. Prayer During ServiceWe love to pray for one another. Our prayer team will have people at the front of the Auditorium under the signs Hope and Love to pray for you after the message. Please feel free to walk up to them for prayer or encouragement during the first worship song after the message. Change for Life - Life Choices FundraiserLife Choices is a pregnancy resource center in Conway that Fellowship Bible Church supports. If you were able to bring a baby bottle today, thank you. If you weren't able to bring it today, please drop it off at Life Choices, 1330 S. Donaghey. Your support provides women in Central Arkansas facing unplanned pregnancies a safe place for spiritual, physical, and emotional support.

Karen & Janet start Episode 550 with buying & rental opportunities in Ventura County.  Their first guest is Larry Reyes from Smart Home Mortgage talking about rates, investor opportunities, ADU's, along with a variety of loan programs that can get you into your dream home, even if you have credit issues there is a program for you!  Next guests are Alex and Sunday who invite you to their free seminar in Oxnard at The Courtyard Marriott, 500 east Esplanade Drive.  The first 50 people who arrive receive a free Starbucks gift card, they are also giving away 3 big screen TV's!  The seminar includes classes on ADU's, Buying A Home 101, Living Trusts, Credit Repair, Benefits of Solar and more!  Alex and Cindy know the area and this seminar will give you the information for purchasing a home in Ventura County. Justin Soenke wraps up the show with ways to get the phones ringing at your small business.  Justin helps you tell your story, about your customers, your history and expertise and how to use AI to your advantage Justin is the owner of Phase 3 Website Solutions and has helped businesses grow throughout his career.  When it comes to Real Estate and Business no show is more local than Girls On The air with Karen And Janet!

Today the San Diego city planning committee will discuss possible changes to San Diego's ADU program. A judge denied a developer's request to stop the plans for a safe parking lot for homeless people near Liberty Station. A Mexican citizen accused of smuggling a dozen parakeets into the U.S. is facing federal charges.

Welcome to Episode 61 of The Princeton Podcast, produced by the podcast production team at HG Media, providing audio and video production services here in Princeton since 1999. In this episode our podcast host, mayor Mark Freda, welcomes Derek Bridger, Princeton Zoning Officer to discuss the important and timely topic of Accessory Dwelling Units, or ADUs. Mark and Derek explore how ADUs offer new housing options in Princeton, supporting affordability, aging in place, and the "missing middle" in our fully developed housing market.Derek describes some of the positive impacts ADUs can have, such as providing rental income and broadening the town's housing diversity, while also addressing residents' concerns about neighborhood density, construction impacts, and zoning complexities. They dive into regulations surrounding ADU size, setbacks, parking, and stormwater management, and how Princeton's evolving ordinances are adapting to the needs of the community. Whether you're a homeowner curious about adding an ADU or just interested in Princeton's growth strategies, this conversation offers valuable insights into one of our town's most talked-about topics. So without any further introduction let's join our host, Mark Freda, and his guest Derek Bridger for episode 61 of the Princeton Podcast.If you enjoyed this episode of the Princeton Podcast, please share it with your friends, visit our website at PrincetonPodcast.com, and be sure to subscribe to us on Apple Podcasts, Spotify, YouTube, Audible, or wherever you listen to podcasts.

Think you need a big down payment to get into real estate? Think again. In this episode of The Rich Somers Report, Rich sits down with real estate investor and educator Joshua Villareal to unpack how he and his clients are buying properties across the country using zero-down strategies—and maximizing cash flow through co-living models.Rich and Josh discuss:How to acquire 3 properties in 3 years with no money downThe VA loan, Navy Federal Military Choice, and HomeBuyers Choice loan programs explainedWhy only 6% of military members are using one of the most powerful wealth-building tools availableHow “super house hacking” and co-living can turn break-even properties into cash flow machinesUsing ADUs, seller credits, and cost segregation to build equity and offset taxesJosh shares real-life case studies—including how he turned a $6,500 out-of-pocket duplex into a high-performing asset with six figures in equity and a profitable ADU build. Whether you're in the military, a veteran, or a civilian ready to invest smart, this episode lays out the blueprint for buying real estate with little to no money down.Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest. Want to join our Boutique Hotel Mastermind Community? Book a free strategy call with our team: www.hotelinvesting.com. If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.

Welcome to another episode of the Life Changing Money podcast!If you own real estate, want to start investing, or have ever wondered what really qualifies as a write-off, this episode is for you. I'm answering real-life questions from my students and breaking down powerful, overlooked strategies that could save you thousands in taxes. From ADU deductions and Airbnb structuring to gifting properties to family—this solo episode is packed with clarity, compliance tips, and must-know tax moves. In this episode, I'm unpacking questions like:Can you build an ADU and write it off as an office?Are fixer-upper renovations tax deductible for interior designers?Can rental losses offset your day job income?Do property expenses count even if you didn't rent it out yet?Bought your mom a house? Here's how to do it the right wayWhat happens when you open an LLC after you've already bought rental properties?Why your mindset about “refunds” and “losses” might be costing you big time

What if one leap of faith could change your life forever? In this episode of Invest2FI, Nathan Robbins shares how he left a $75,000 banking job and stepped into the world of real estate with no formal experience—only determination and a 90-day contract offer from investor Tarl Yarber. He explains how that decision led him to work on over 30 to 40 flips per year in the Seattle-Tacoma market and eventually build his own investment portfolio. Nathan breaks down the numbers and strategy behind his first solo deal: a $185,000 purchase that he renovated with $60,000, refinanced, and later added a detached Airbnb unit. That same property now appraises at over $700,000 and cash flows between $1,500 to $2,000 per month. He talks through zoning rules in Tacoma, shares how he handled the financing with a private money lender, and explains why betting on himself—even with skydiving in his contract—was the right move. He also shares his cold-call script and objection-handling worksheet used to secure off-market properties. This episode is packed with real numbers, lessons from the field, and examples from someone who built long-term success by starting small and staying consistent. PODCAST HIGHLIGHTS:[04:14] Nathan shares how a failing corporate path led him to real estate [05:48] He meets Tarl Yarber and remembers buying Carlton Sheets' tapes [07:51] The life-changing 90-day contract and leaving his job at the bank [10:47] Nathan explains his acquisitions role and onboarding investment properties [11:18] Compensation differences between working at a bank and real estate [14:02] Overcoming fear, skydiving, and betting on performance-based income [18:59] Nathan's “Forreal deal” story and building a high-cash-flow ADU [22:41] Converting a garage into an Airbnb unit and zoning limitations [24:29] Property breakdown: bought at $185K, now worth nearly $700K [26:19] Why wholesalers are gold for flippers and how to work with them [34:35] Managing six doors and the emotional side of partnerships [35:10] How he made $196K on his first independent flip outside Fixated [50:53] Where to connect with Nathan and get his cold-call script HOST Craig Curelop   

Today on Jay Garvens home & Mortgage show, Jay talks about “Colorado Springs Accessory Units.”  Can you build an ADU on your property to make residual income?  Jay has a special guest in segment 3... The post C.S. ACCESSORY DWELLING UNITS – 04-06-25 appeared first on Jay Garvens.

Accessory dwelling units (ADUs) and their cousin, detached accessory dwelling units (DADUs), can offer tremendous benefits and add value to a property. On this solo episode of Zen and the Art of Real Estate Investing, Jonathan shares his long history with ADUs and DADUs, beginning with his childhood. He outlines the main differences between ADUs and DADUs and the regulations that can impact them in your particular location. You'll hear how these units can offer independent living spaces to teenagers and young adults while keeping them close, the benefits of using them as short- or mid-term rentals, and why Jonathan views them as a big value-add when considering a property. Jonathan has a long and varied history with real estate, and his unique take on ADUs and DADUs may make you think twice before turning down a property with one on the premises. In this episode, you will hear: ADUs and DADUs as a solution to the affordable housing crisis The differences between an accessory dwelling unit (ADU) and a detached accessory dwelling unit (DADU) Understanding the regulations surrounding ADUs and DADUs in your area Jonathan's personal history with this real estate asset class and using them as an independent living space as a teenager The benefits of putting teenagers in ADUs or DADUs for the summer vacations Renting your ADU as a short-term or mid-term rental when your community allows it The multiple uses ADUs can have and buying homes with them as a feature Added value and opportunities these units add to a property Follow and Review: We'd love for you to follow us if you haven't yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We'd love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. Supporting Resources: Website - www.streamlined.properties YouTube - www.youtube.com/c/JonathanGreeneRE/videos Instagram - www.instagram.com/trustgreene Instagram - www.instagram.com/streamlinedproperties TikTok - www.tiktok.com/@trustgreene Zillow - www.zillow.com/profile/StreamlinedReal Bigger Pockets - www.biggerpockets.com/users/TrustGreene Facebook - www.facebook.com/streamlinedproperties Email - info@streamlined.properties Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.

PLANUL PENTRU 2025 - CRISTIAN ONETIU #IGDLCC[00:00:00] George Buhnici: Elon Musk. Eu zic Elon Musk, tu spui?[00:00:02] Cristian Onetiu: Da eu zic Peter Thiel. Există cineva [00:00:05]mai șmecher decât Elon Musk acolo? Peter Thiel, clar. De ce? a fost? Păi întotdeauna a fost și [00:00:10] angajatorul lui principal și finanțatorul lui principal. Cum? După ce am trăit suficient de mulți ani în pace, ne [00:00:15]imaginăm că dacă vine un lider mesianic ăla nu va fi dictator.[00:00:18] Așa au zis și în [00:00:20] 40-i când au venit Partidul Muncitoresc și care a zis că le dă pământ oamenilor și [00:00:25] le-a dat pământ după care le-a luat. America tinde să aibă un comportament la [00:00:30] fel ca al rușilor și ca al chinezilor, adică semnează acte dar nu se tinde ele. Și atunci ne [00:00:35]decidem dacă e imigrant sau nu în America sau în Rusia?[00:00:37] Și atunci, acum când vedem că toți dau în [00:00:40] Europa... Cred că fiecare român trebuie să-și ia o decizie identitară. Sunt european sau [00:00:45] sunt rus sau sunt ce-o fi. Te îngrozești să mai ieși și spui, haideți la vot. [00:00:50] Că nu știi cine vine. De fapt tu nu știi ce-i acolo.[00:00:53] George Buhnici: Ăștia care se uită la noi trebuie să meargă la [00:00:55] vot.[00:00:55] Cristian Onetiu: Da, ăștia da. Dacă acest maga, dacă [00:01:00]suveranismul american reușește, crezi că următorul parlament de la noi va fi suveranist? [00:01:05] Dacă o face grozavă da. Dar mă îndoiesc că pot să o facă.[00:01:08] George Buhnici: Martie 2025, Cristian [00:01:10] Nețiu a spus așa că Trump nu o să reușească.[00:01:12] Cristian Onetiu: Singurul lucru pe care văd să-l reușească este să [00:01:15] facă o dinastie din familia lui.[00:01:17] George Buhnici: Nu m-ai deprimat niciodată așa de mult [00:01:20]astăzi. Jur.[00:01:21] Cristian Onetiu: Da, dar nu avem istoric baza discuției. [00:01:25][00:01:25] George Buhnici: Salutare tuturor și bine v-am regăsit la ICDLCC, informații gratis despre lucruri care costă, cu Cristian [00:01:30] Nețiu, cu care nu ne-am văzut nici la sfârșitul lui 2024, nici la începutul lui 2025, dintr-un motiv foarte [00:01:35] simplu.[00:01:36] E atât de multă incertitudine încât mi-a fost teamă să [00:01:40] mă duc la oracol și să frec globul de cristal pentru că nu știu ce ai fi putut să-mi spui [00:01:45] până acum, sincer. Pare că suntem așa într-un hiatus, suntem cumva în [00:01:50] purgatoriu. Așteptăm să vină sfârșitul luna mai să scăpăm o dată de politică și să ne reapucăm poate de [00:01:55] treabă.[00:01:55] Așa că ne revedem astăzi să vedem ce facem cu banii în 2025, dacă [00:02:00] ne luăm un job, dacă ne mai facem business sau nu, pentru că din câte aud, românii sunt [00:02:05] atât de neîncrezători încât nu-și mai au casă, stau în chirii, țin de job-urile pe care le-au, [00:02:10] concedierii se fac, dar se fac pe șustache, nu prea se vorbește.[00:02:13] Către America nu prea [00:02:15] mai poți să fugi că ne amenință ăștia de la ambasadă că să nu te duci pe nașpa. Avea mai multe [00:02:20]provocări Mai multe provocări decât oportunități În 2025? Sau vezi [00:02:25]ceva care chiar merită să te arunci și să te [00:02:30] duci, gata, mă duc și fac bani acum?[00:02:32] Cristian Onetiu: Am venit pregătit, am pregătit vreo 10 [00:02:35]tipuri de modele de business pe care poți să le faci exact în [00:02:40] situațiile astea foarte tricky, așa cum le [00:02:45] descriai tu.[00:02:47] Dar ca să începem așa pe [00:02:50] ce ai spus tu mai devreme, cuvântul ăsta așteptăm. Este cel mai [00:02:55] rău în perioada asta. Toată lumea așteaptă. Nu toată lumea [00:03:00] Tu ai stat de pămană o să ne povestești ce ai făcut. Să împărțim pe leere populația, că [00:03:05] nici America nu este America lui Trump, nici România nu este România lui [00:03:10] Iohannis, așa cum și audiența ta este o audiență [00:03:15] dintr-o categorie care are niște particularități.[00:03:18] Și cred că ei au [00:03:20] puterea și să miște, au și puterea de a vedea oportunități, au și puterea de a [00:03:25] își găsi informațiile corecte pentru a găsi mai aproape a fi mai [00:03:30] aproape de adevăr. Și cred că ei sunt și schimbarea. [00:03:35] Pentru că dacă vorbim despre marea masă a României, atunci n-ar rău să discutăm [00:03:40] despre nimic rațional sau oportunistic în [00:03:45] sensul bun.[00:03:46] Însă noi suntem aici să vorbim unei Categorii [00:03:50] de oameni ușor diferiți și nu zic asta cu[00:03:53] superioritate, ci[00:03:54] [00:03:55] cu segmentare. Se[00:03:57] George Buhnici: vede în analitice, oricât de mult mi-ar plăcea mie să [00:04:00] fiu urmărit de mai mulți oameni, genul de discuții pe care le avem aici și genul de [00:04:05] invitați selectează. Da. Și atunci oamenii care vor un pic de divertisment sunt în altă parte.[00:04:09] [00:04:10] Clar. Și sunt mult mai mulți. Și sunt mult mai mulți. Deci vorbim un pic de [00:04:15] oportunitate, suntem un pic oportuniști încercăm să facem mai mult decât să stăm să săpice, [00:04:20] parămălăiață sau să mergem nu știu, la opt ore. Adică chiar dacă ești într-un job [00:04:25] de opt ore, sunt convins că oamenii care se uită caută și altceva pe lângă mai au o idee, se [00:04:30] mai uită și la alte lucruri.[00:04:31] Asta e un cuvânt bun. A căuta față[00:04:33] Cristian Onetiu: de a aștepta, deja e o mare diferență. [00:04:35]Dacă oamenii încep să caute, știi că e și vorba aia istorică. Caută [00:04:40] și vei găsi, bate și ți se va deschide. Primul lucru pe care trebuie să-l faci pe Google, [00:04:45] primul lucru pe care trebuie să-l faci pe un CGPT, trebuie să cauți.[00:04:49] Diferența [00:04:50] între oamenii care caută și oamenii care așteaptă să-i se livreze o informație de-a gata [00:04:55] și pe care să o înghită și pe care să o accelereze în ei și să o sedimenteze și apoi [00:05:00] să mai intre și în algoritmul social media în care se spună a, s-a uitat tot [00:05:05] 15 secunde în loc de 3, deci îi place treaba asta, să-i dă mai mult, să înghită mai mult.[00:05:10][00:05:10] Asta e o diferență foarte mare între oamenii. Adică cei care așteaptă sunt unii. [00:05:15] Mai e o categorie mai joasă decât cei care așteaptă. E categoria care [00:05:20] nu doar așteaptă să vadă ce se întâmplă, ci așteaptă salvatorul. Și [00:05:25] America, cu MAGA și Trump a speculat chestia asta, se vede și în [00:05:30] Europa, se vede peste tot.[00:05:31] Rusia, China, practică deja modelul ăsta [00:05:35] Emiratele Arabe la fel au un model în care stăpânirea unui individ pentru [00:05:40] că ce se întâmplă acum este trecerea la încrederea sau așteptarea [00:05:45] unui sistem mesianic care să rezolve lucrurile cum era democrația către un [00:05:50]individ mesianic care să rezolve. Și toată atenția și toată puterea și [00:05:55]tot leverage-ul politic și Și puterea executivă să se ducă la un singur om, [00:06:00] care el este exponentul salvării acelui neam.[00:06:04] Asta e [00:06:05] marea problemă pe care îi paște și pe americanii.[00:06:07] George Buhnici: Este deja susținută [00:06:10] ideea de care spui tu, de studii care arată că mai ales noua generație își [00:06:15] dorește un astfel de lider mesianic și deja inclusiv Marea Britanie [00:06:20] tinerii spuneau că ei ar fi de acord să preia puterea cineva cu o autoritate eventual militară [00:06:25]și să facă ordine.[00:06:26] Adică după ce am trăit suficient de mulți ani în pace [00:06:30] ne imaginăm că dacă vine un lider mesianic ăla nu va fi dictator, ăla nu va face [00:06:35] așa Așa au zis și în[00:06:36] Cristian Onetiu: 40 când au venit Partidul Muncitoresc și care a [00:06:40] zis că le dă pământ oamenilor și le-a dat pământ după care le-a luat. Deci n-a fost decât câțiva [00:06:45] ani de zile în care s-au ținut de promisiune după care au schimbat tot, au luat înapoi tot și s-a transformat în [00:06:50] ceea ce știm 40 ceva de ani de comunism.[00:06:52] Nu există nicio [00:06:55] referință în istorie în care cineva care a acumulat toată puterea s-o fi gestionat [00:07:00] în favoarea oamenilor sau fără să... Cineva care n-a schimbat [00:07:05] regulile jocului fundamental după aceea și n-a oprimat populația Uite acum la[00:07:09] George Buhnici: Erdogan [00:07:10] zilele astea. Și-a arestat principalul oponent și vrea să schimbe din nou [00:07:15] legea ca să poate să mai candideze încă un mandat Săptâna trecută a fost o [00:07:20] știre pe exemplu că liderul curzilor din închisoare l-a spus curzilor să lase armele, că s-au [00:07:25] înțeles, s-a înțeles cu Erdogan ca să-l poată să aibă destule voturi ca să-și poată extinde mandatul și ăla.[00:07:30][00:07:30] L-ai pe Victor Orban lângă noi. Am fost zilele trecute în [00:07:35]nordul și nord-vestul Transilvaniei Bihor, [00:07:40] Satu Mare, Baia Mare, toți oamenii aia spun, zice, băi, la noi e bine. Când treci în Ungaria, ai [00:07:45]impresia că te-ai întors deja 10, 15 20 de ani. Băi ăsta-i mandatul lui Orban. [00:07:50] Și la fel în toate țările în care ai lideri în ăștia lider maxim.[00:07:54] [00:07:55] Întrebarea este, ce se întâmplă cu America? De ce fac americanii chestia asta? Ce crezi că o fac? Pentru că [00:08:00] oricine[00:08:00] Cristian Onetiu: vrea să fie liderul maxim. Iar după cum ne uităm la America acum, [00:08:05] care, again, nu este America lui Trump, este America câștigată de MAGA, care și [00:08:10] are probleme în interior, că n-a fost doar Trump acolo a fost MAGA, ăștia lucrează de 8 ani de zile pe [00:08:15]ideologia asta.[00:08:17] Mai sunt și... Liderii [00:08:20] companiilor mari de tehnologie care au venit și ei pe final și au zis veniți și noi cu [00:08:25] modul nostru de a conduce tehnologic. Mai era și [00:08:30] Trump care vrea să fie în față și să-și ia revanșa pentru ceilalți. Este și un mix. Ei au câștigat împreună fără [00:08:35]să aibă aceeași doctrină însă având aceleași interese.[00:08:38] Miliardari[00:08:39] George Buhnici: cu[00:08:39] Cristian Onetiu: [00:08:40] rednecks. N-ai mai văzut vreodată așa? Ce înseamnă asta? Și ei recunosc că este un [00:08:45] amestec total heterogen. Pentru că au avut aceeași miză. Și oamenii [00:08:50] sau prădătorii se adună pentru miză, dar după aceea se și ceartă între ei. Eu mă aștept să [00:08:55] fie destul de dură despărțirea dintre aceste trei categorii mari, care [00:09:00] unii sunt ideologi MAGA Originals, Trump care este [00:09:05] doar power-oriented și marile companii tehnologice care [00:09:10] au cu tot o altă perspectivă și care [00:09:15] prin Peter Thiel și prin Elon Musk și ceilalți vor să imprime o altă direcție.[00:09:19] Deci oricum [00:09:20] n-au o viziune comună dar au avut un obiectiv comun, să câștige puterea. Exact. S-a [00:09:25] întâmplat chestia asta, dar încă o dată asta nu e America toată. Este o parte [00:09:30] care a fost trasă de aceste trei diferite zone de [00:09:35] influență care au dus la rezultatul ăsta.[00:09:40][00:09:41] Se înțeleg între ei și urmașii lui Trump transformă America [00:09:45] într-o dinastie de 100 de ani, așa [00:09:50] cum încep să vorbească de pace și prosperitate, adică stați liniștiți la pământ că [00:09:55] noi conducem, înseamnă că liderul lumii libere [00:10:00] a murit Pentru că noi până acum ne uităm la America întotdeauna ca [00:10:05] liderul lumii libere.[00:10:06] Și înseamnă că Europa rămâne ultima zonă [00:10:10] discutabilă greoaie, ultra-reglementată [00:10:15] coruptă în anumite zone, care încă mai păstrează principiile democrației liberale. [00:10:20] Și cred că asta este miza noastră între această [00:10:25] politică globală dar multipolară de putere. [00:10:30] Adică China vede dintr-o perspectivă, Rusia vede dintr-o perspectivă.[00:10:33] Ăștia au [00:10:35] povestea lor. Putin o spune de mult, de 10 ani.[00:10:40] [00:10:45][00:10:49] Ne [00:10:50] orientăm către țara noastră să o conducem ca lumea și apoi să devenim liderii [00:10:55] globali, tehnologici și militari ca să putem să redevenim prin forță liderul [00:11:00] planetei. Chinezii mai spun din când în când niște lucruri, dar aici văd de treaba lor liniștit și [00:11:05] între timp cresc economic și financiar de rup și nu poți să-i ignori.[00:11:09] [00:11:10] Deci Iranul începe și el să găsească loc și oportunități și [00:11:15] Europa va fi hărțuită de toți, pentru că atunci când rămâi ultimul [00:11:20] standard al unei democrații fragile, toți vor da în tine. Mai [00:11:25]ales că au interes, adică Europa mai are încă multe colonii, adică mai au ce fura de [00:11:30] acolo. Fiecare din ăștia patru pe care i-am zis așteaptă de mult să mai ia niște [00:11:35] teritorii pe care ele aveau acolo și încă țin de un stat european.[00:11:38] Deci au Și [00:11:40] apropo cum am început? E ca la o crimă, știi Care e motivul Dar găsești motivul, [00:11:45] te apropii mai mult de adevăr. Și motivul e? Motivul este că fiecare vrea să devină o [00:11:50] super putere în felul ei Și Europa este o [00:11:55] doamnă bătrână obosită pe care[00:11:57] George Buhnici: toți... Bă, da, e, dar chiar e Europa [00:12:00]pentru că se leagă de discuția de la care am început, că nu ne-am dus aici.[00:12:04] Hai nu [00:12:05] anțăm bătrânii. Zicem că și noi suntem pasivi da? Da. Și România este Europa. Ne place sau nu să [00:12:10] acceptăm suntem de acum și noi de acolo. Și atunci e clar că jucăm și noi în filmul ăsta [00:12:15] în care părăm lenți pasivi prea puțin proactivi. Bă, dar stai [00:12:20] să-ți[00:12:20] Cristian Onetiu: spun că dacă reinterpretăm puțin treaba asta asta, o să ne dăm seama că a fi o doamnă [00:12:25] bătrână cu multă istorie și cu multe cicatrici astăzi reprezintă un mare [00:12:30] beneficiu.[00:12:31] Pentru că noi avem o mare imunitate la o grămadă de lucruri. Americanii n-au avut [00:12:35] război americanii n-au avut comunism, n-au avut titratură Noi avem o [00:12:40] mare imunitate în tot procesul ăsta, pentru că noi am fost acolo de curând Noi înseamnă asta. Noi știm. Ăia nu [00:12:45]știu. Generațiile lor nu se așteaptă Nici măcar nu poate să-și [00:12:50]imagineze ce poate să însemne un dictator.[00:12:52] Ei nu știu așa ceva, ei au învățat în niște [00:12:55] cărți, au citit, dar nu a fost niciodată despre ei. departe se întâmplă în alte țări, în alte [00:13:00]părți pe planetă. Niciodată niciodată. ce Nu la noi. Deci noi avem imunitate. Faptul că e o [00:13:05] doamnă bătrână e în sensul bun, pentru că bătrân înseamnă [00:13:10] și înțelept. Înseamnă că nu te prostesc unii atât de repede și faptul că avem atât multe [00:13:15] culori, țările astea care au specificul lor e și mai multă [00:13:20] imunitate Adică avem anticorpi [00:13:25] naționali specifici la anumite vrăjeli, pe care dacă le simțim în [00:13:30] Franța, noi le semnalăm din România.[00:13:31] Când alții le găsesc în România, le semnalază de [00:13:35] acolo. Avem o multitudine de anticorpi. Așa că o doamnă [00:13:40] bătrână și birocratică în această etapă n-am crezut că o spun [00:13:45] vreodată acum 10 ani de zile nu credeam, nici acum 5 ani de zile nu credeam că o să spun, că [00:13:50] prefer o doamnă înțeleaptă sau un domn înțelept cu anticorpi și cu [00:13:55] înțelepciune și cu istorie care să poată să ia decizii liniștite fără să fie [00:14:00] abrupte.[00:14:00] Aș fi crezut întotdeauna că a fi abrupt și a [00:14:05] schimba totul peste noapte Este singura soluție Când mă uit acum [00:14:10] către ce duce o schimbare abruptă, foarte mult mi-am nuanțat [00:14:15] perspectiva în ultima[00:14:16] George Buhnici: perioadă. Deci dacă am învățat ceva în ultimii ani, asta e. Apropo de [00:14:20] varietate. Am fost anul trecut prin Germania și știi că așa, stai pădurile într-o veselie.[00:14:25][00:14:25] Știi de ce nu? Că au insecte asta, au gândac care le intră pe [00:14:30] sub scoarță, intră în trunchi și începe să hrănească din seva [00:14:35] copacului. Și până ajunse să-ți seama e prea târziu și nu există tratament. [00:14:40] Și și-au dat seama de o chestie nemții că de fapt nu-i de vină gândacul, ci ei au fost de vină, [00:14:45] pentru că au plantat păduri numai de brad, fără să facă suficiente varietate.[00:14:50][00:14:50] Cristian Onetiu: Asta e frumusețea Europei diversitatea asta și [00:14:55] faptul că dacă începem să comunicăm și dacă începem să lucrăm ca o Europa și cred că asta e cea mai mare [00:15:00] oportunitate de până acum ca Europa să opereze ca Europa.[00:15:03] George Buhnici: Cea[00:15:03] Cristian Onetiu: mai mare de până acum. Dar [00:15:05] ce[00:15:05] George Buhnici: ar putea să fie Europa asta? Că noi ne agățăm de ideea asta de democrație, [00:15:10] dar știm că fără capitalism nu suntem un jucător suficient,[00:15:14] Cristian Onetiu: [00:15:15] suficient de competitiv.[00:15:16] Da, suntem încă cei mai sărași de la masă. [00:15:20] Deci e clar că avem de adăugat valoare în România ca să putem să ne creștem [00:15:25]puterea valoarea adăugată în Europa, contribuția pe care o aducem dar faptul [00:15:30] că noi putem învăța de lângă ei și putem să stăm la masă cu ei, să [00:15:35] ne spunem tot mai tare opinia, să ne șeruim aceștia [00:15:40]anticorpii ai noștri sau această înțelepciune și inteligență locală care s-ar putea să aibă [00:15:45] valoare și pentru ei, ăsta e deja un prim mare pas.[00:15:50][00:15:50] Suntem acolo și cred că ne agățăm de democrația [00:15:55] liberală pentru că știm cum a fost în istoria recentă altfel. [00:16:00] N-avem altă variantă adică orice am încercat, nu știm o altă variantă mai [00:16:05]meritocratică decât asta, că și meritocrația asta e foarte debatable. [00:16:10]Deci n-avem altă variantă decât să stăm împreună.[00:16:13] Și acum când vedem că [00:16:15] toți dau în Europa, cred că fiecare român trebuie să-și ia o decizie identitară. Sunt [00:16:20] european sau sunt rus sau sunt ce-o fi. Trebuie să iau o decizie la nivel mai [00:16:25] mare decât sunt din regiunea Banat, Muntenea sau nu știu care, sunt [00:16:30] în țara asta. În ce regiune mai mare joci? Pentru că singur nu mai poți să faci față.[00:16:35][00:16:35] Singur te păcălești toți. Trag de tine toți. [00:16:40][00:16:40] George Buhnici: Și atunci ne decidem dacă emigrăm sau nu în America sau în Rusia? În Dubai? Păi [00:16:45] te-ai renunțat la Dubai, nu? Da, am avut 3 ani de zile planificați am stat 2 ani și 8 [00:16:50] luni. Deci după aproape 3 ani de Dubai te-ai întors aici, nu [00:16:55] te-ai uitat nici spre America, deși este pentru business teoretic cel mai bun loc de pe planetă nu?[00:16:59] Cristian Onetiu: [00:17:00] Da.[00:17:01] George Buhnici: Și totuși e[00:17:01] Cristian Onetiu: aici. Pentru că acolo nu am certitudinea [00:17:05]siguranței personale și a familiei. Mi-e destul de... [00:17:10] Am fost de patru ori în America. De fiecare dată am trăit lucruri pe care nu le-am trăit niciunde [00:17:15] în lume. Apropo de violență, apropo de... [00:17:20] apropo de puterea organelor de ordine atât de brutale. [00:17:25] Mi-e greu să trăiesc acolo.[00:17:28] La fel cum mi greu să [00:17:30] trăiesc și într-o țară te-a grăsat poliția? Dar într-o formă de asta în care n-a [00:17:35] ajuns să mă pună culcat pe jos. Dar mi s-a tăiat orice [00:17:40] formă de când am intrat în țară când treci acolo și când îți dai seama că ai [00:17:45] călcat o linie și ăla vine și urlă la tine la 30 centimetri și [00:17:50] după aceea te împinge într-o zonă și după aceea te pune să ții [00:17:55] mâinile la spate că ești periculos că ai călcat pe o pe o dungă [00:18:00] galbenă și când ieși afară din parcare și când te duci cu mașina și [00:18:05] te oprește primul polițist cu un ton de parcă ai omorât pe cineva [00:18:10] fără să ai făcut nimic și fără să înțelegi care sunt drepturile și cum să gestionezi [00:18:15] relația respectivă e o altă lume, pentru noi europenii e o altă lume, cel puțin pentru [00:18:20] mine sigur că are și o grămadă de lucruri foarte mișto, dar vezi peste tot trebuie să-ți alegi pachetul, [00:18:25] apropo de pachet dacă te hotărăști să fii european trebuie să iei pachetul ăsta [00:18:30] Da, avem niște reglementări care sunt idiote, care ar trebui să le schimbăm, ar trebui să [00:18:35] revizităm anumite lucruri care opresc inovația, dar ar trebui să avem și noi [00:18:40] puterea noastră militară pentru că este ciudat.[00:18:42] Noi suntem 550 de [00:18:45] milioane de oameni care urlăm la 300 de milioane de oameni să ne apere de 150 [00:18:50] de milioane care nu pot să-i bată pe 30 de milioane sau 50 de milioane cât să-ți spune Acum le-ai prea frazat pe [00:18:55] Donald Tusk care a zis foarte bine. Așa e. Da, așa e. Așa e. Acum mai e [00:19:00] totuși o nuanță în toată chestia asta.[00:19:02] Când noi [00:19:05] ne ducem la ăștia pentru că au puterea militară nucleară pentru că ne-au prostit să nu o facem pe noastră [00:19:10] ca să ne apere de ăștia din dreapta care au un milion jumate de militari [00:19:15] și care nu se bat cu 50 de milioane ci se bat cu toată restul lumii care [00:19:20] le-au dat toate armele. Deci în toată discuția asta aveți aceeași [00:19:25] știre, aceeași poveste spusă din două perspective, o dată frumos, cealaltă pe [00:19:30] cifre.[00:19:30] Când unul are 70% din puterea nucleară și celălalt are un [00:19:35]milion jumate de infanterici de militari, păi nu-i de joacă. [00:19:40] Și noi nu avem nimic în toate chestiile astea. Avem un pic prin Franța, avem un pic prin... [00:19:45] Nu ai[00:19:45] George Buhnici: senzația asta că ne luptăm cu barbarii? [00:19:50]Pentru că noi în Europa am cam depășit faza asta cu războaie la graniță.[00:19:53] Da. [00:19:55] Adică nu ne mai împărțim. Am înțeles o chestie În Europa, noi am înțeles, toate [00:20:00] țările ca să intre în Europeană, au tratate în alea de bună vecinătate, nu mai am niciun fel de pretenții [00:20:05]teritoriale asupra nimănui. Da, da, noi încă mai credem în tratate. Asta a[00:20:07] Cristian Onetiu: fost problema mea Păi da[00:20:08] George Buhnici: în Europa[00:20:09] Cristian Onetiu: nu avem [00:20:10] războaie la graniță.[00:20:11] Problema mea în Emirate, ca să-ți doar așa o mică paranteză, a fost că eu am [00:20:15] crezut că sunt regulă din Europa. Am discutat cu [00:20:20]fonduri de investiții care au semnat binding term sheets pentru [00:20:25]investiții care s-au răzgândit fără niciun fel de motiv și fără să aibă niciun fel de [00:20:30] responsabilitate. Și noi am zis...[00:20:31] Așa ceva nu se poate, nu e normal, adică [00:20:35] voi ziceți că operați după regulile vestice, dar voi de fapt aveți regulile voastre pe care și nici [00:20:40] măcar nu dați nicio explicație, pur și simplu nu aveți chef. Sau mai rău ați intrat în business [00:20:45] și acum nu vreți să ieșiți dar n-ați pus contribuția voastră și când vine capital call-ul [00:20:50] voi ziceți că mai ne mai gândim.[00:20:51] Dar nu ieșiți din companie și începeți să cereți [00:20:55] beneficiile pe care compania asta le-ar avea. Deci America [00:21:00] tinde să aibă un comportament la fel ca al rușilor și ca al chinezilor, adică [00:21:05] semnează acte dar nu se ținde ele. Aduți aminte ce ușor a semnat Putin cu [00:21:10]Obama. Nu mai facem stai că nu mai... S-a dus și a intrat în...[00:21:14] a încălcat. [00:21:15] America a semnat cu anumite zone, se retrage. China a semnat o grămadă de [00:21:20] documente De ce înseamnă poluare, nu s-a ținut de ele. Marile puteri [00:21:25] nu joacă după bunul simț democratic, vestic, al Europei. Și [00:21:30] noi trebuie să ne revenim din ideea asta că ei joacă după reguli.[00:21:33] George Buhnici: Ei nu joacă după [00:21:35] reguli.[00:21:35] Revenim la IGDLCC în dată ce-ți spun despre sponsorul nostru, Darkom Energy, [00:21:40] cei care ne garantează că nu ni se sting luminile din studio. Adică nu avem [00:21:45] niciodată pene de curent. Panourile fotovoltaice, invertoarele și bateriile sunt [00:21:50] inima sistemului nostru energetic și cred cu tărie că sunt investiții importante, dar [00:21:55] și rentabile.[00:21:56] Cu acest sistem am economisit deja mii de euro la facturi, dar [00:22:00] și mai important avem electricitatea garantată fără fluctuații care ne pot defecta [00:22:05] electricele și electronicele. Dacă ai în plan să construiești, să renovezi [00:22:10] orice fel de clădire, inclusiv industrială alege o soluție solidă de [00:22:15] generare și stocare de energie Noi colaborăm cu echipa Adarcom Energy și îi [00:22:20] recomandăm.[00:22:20] I-am auzit pe europeni siderați, șocați, că după ce au lansat comenzi de [00:22:25] F-35, au aflat că... Dar a zis-o cu gura lui Trump zilele trecute. Zice, o să le vindem [00:22:30] aliaților noștri niște arme toned down, că poate mai încolo le vine [00:22:35] o idee să ne atace cu ele.[00:22:37] Cristian Onetiu: Păi[00:22:37] George Buhnici: gândește[00:22:38] Cristian Onetiu: că noi nu avem acces la [00:22:40] Nvidia, la procesoare.[00:22:41] Adică prea avem acces. Adică [00:22:45] cantitatea pe care el a comandat-o și a zis mie să-mi dai primul că eu vreau să fiu cea mai mare putere [00:22:50] de procesare de date și AIU-ul meu vreau să domine tot și vreau să fiu cel [00:22:55] mai bun în tehnologie. Noi nu prea mai avem acces la [00:23:00] procesatoare. Hai să zicem că găsim putere de procesare, dar nici acolo nu suntem foarte bine.[00:23:05][00:23:06] E tot un război și ăsta și e pe față [00:23:10] Și într-un fel să știi că mie îmi place că e pe față acum. Cumva cred că ar trebui să ne [00:23:15]trezim dintr-un vis frumos în care toți ăștia sunt [00:23:20] așa de corecți și de etici și numai noi, europenii eram ăia care nu ne [00:23:25] țineam de treabă și nu țineam. Nu e chiar așa. Ne trezim la realitate și ceea ce până acum părea.[00:23:30][00:23:30] Era implicit, adică nu se putea spune, deodată devine explicit. Uită-te și [00:23:35] la gender equality, apropo de zona asta socială. Era implicit [00:23:40] diferența asta între femei și bărbați. Adică și dacă o spuneai cineva zicea, hai mă că nu-i [00:23:45] chiar așa. Acum când îl vezi pe Conor McGregor la [00:23:50] Trump în birou și pe Andrew Tate favorizat și adus în țară ca [00:23:55] să facă treabă și pe Elon Musk și pe Trump în sine cu [00:24:00] toate lucrurile astea este explicit.[00:24:02] Că ei vor să facă din [00:24:05] nou patriarhat global. Este explicit. Dar asta e foarte bine [00:24:10] pentru că bărbații care până acum li se părea că e o conspirație [00:24:15] altora unii și altora, acum se retrag și ei și zic, bă știi ce, ar trebui să fim mai moderați. [00:24:20] Adică înțelegem că treaba asta e reală. Se vede că [00:24:25] gender gap și gender equality nu e o vrăjeală.[00:24:28] Sunt niște oameni [00:24:30] care o împing cu agenda, o împing cu intenție, ea nu [00:24:35] mai la subteran, a ieșit afară. Și văd din ce în ce mai mulți bărbați [00:24:40] care încep să vorbească despre lucrurile astea, despre cum putem să [00:24:45] devenim sau să contra Să creăm [00:24:50] contexte care femeile și bărbații să lucreze bine împreună pentru că știm că ăsta e viitorul, pentru că știm că [00:24:55] ăsta este singura metodă prin care noi vom crea valoare mai multă.[00:24:58] Unul plus unul va crea [00:25:00] trei.[00:25:01] George Buhnici: În toate țările unde ai femei în poziții de management și de conducere, [00:25:05] crește prosperitatea. Da, uite, sunt doar 15% la nivel de leadership[00:25:09] Cristian Onetiu: [00:25:10] position.[00:25:11] George Buhnici: Iar în[00:25:11] Cristian Onetiu: România, hai să fim serioși. Să știi că în România nu [00:25:15] suntem chiar așa de rău la nivel de antreprenori. Studiile pe care le știu eu la nivel de antreprenoare și antreprenori [00:25:20] suntem pe primul loc la nivel de număr de antreprenoare față de [00:25:25] europeni.[00:25:26] Față de europeni? Da, și au făcut multe firme. [00:25:30] Probabil că sunt și multe firme liberale, poate sunt neapărat companii cu angajați, că nu am statistică atât în [00:25:35] profunzime de câți angajați au, dar nu stăm rău, să [00:25:40] știi, pare că România e în zona de [00:25:45] gender gap undeva pe la mijlocul Europei. Grecia fiind în partea de jos, Germania fiind sub noi, [00:25:50] chiar dacă sunt mult mai educați, adică dacă te uiți pe rapoartele de gender gap și gender equality, [00:25:55] vei vedea că nu stăm chiar așa de rău.[00:25:56] Ar trebui să începem să găsim mai multe lucruri bune pe care le [00:26:00] avem deja. Încep să fie obositoare toate [00:26:05] topurile în care suntem numai praf. Suntem în topuri și în zona bună. Și dacă [00:26:10] nu putem fi, putem alege să fim într-o anumită zonă și să nu mai vedem numai partea [00:26:15] negativă. Suntem ultimii pe treaba aia Ok, hai să stabilim dacă e o prioritate cu toții și să ne [00:26:20] apucăm de ea.[00:26:20] Pentru că dacă tot așteptăm ca alții să ne-o facă, nu o să ne-o facă. [00:26:25] Noi am avut noroc până acum în democrația noastră de lideri hoți și proști. [00:26:30] Dar n-am avut norocul nostru că n-am avut și un megaloman. [00:26:35] Au încercat.[00:26:35] George Buhnici: Păi am avut un Dragnea. Am avut un Ponta. [00:26:40] Băsescu s-a retras democratic. Iohannis a fost aruncat sub autobuz.[00:26:45][00:26:45] S-a aruncat singur în avion și după ce[00:26:48] Cristian Onetiu: ani nu l-am mai văzut. 23 [00:26:50] de milioane? 25 de milioane de dolari? Până pe avioane? Ne luam niște avioane bune. [00:26:55] Deci într-un fel... Tot ce spunem acum că e rău, putea fi mult mai rău. Și știu că [00:27:00] nu e o variantă bună să spunem că, băi ăsta, să ne mulțumim că [00:27:05] se putea mai rău, știu.[00:27:06] Băi imaginează[00:27:06] George Buhnici: 20 de ani cu Iliescu sau cu Băse [00:27:10] sau cu Constantinescu sau cu oricare. Băi, e bine. Există o teorie a lui Taleb care [00:27:15] spune că pur și simplu simplul fapt că poți să schimbi îți aduce mai bine. Da. [00:27:20] Opționalitatea, faptul că poți să alegi simplul fapt că poți să alegi nu contează că alegi [00:27:25] întotdeauna vei alege răul cel mai mic și când alegi răul cel mai mic, măcar ai ce să alegi Da.[00:27:29] Nu rămâi [00:27:30] înțepenit într-o singură opțiune cu care trebuie să te duci. Sunt [00:27:35] foarte multe țări pe planetă, prea multe deja, care nu au văzut alți lideri. [00:27:40] Da. Bine și la noi sunt două opțiuni.[00:27:44] Cristian Onetiu: Și [00:27:45] când ai trei opțiuni trebuie să ai un pic de critical thinking, [00:27:50] să știi, să gândești. Și când te uiți în zona de [00:27:55] alegeri și vezi că prezența mai mare la vot de fapt nu aduce oamenii [00:28:00] liniștiți educați, care știai că te gândeai că stau acasă liniștiți și nu votează, ci aduc [00:28:05] alte pături sociale, te îngrozești să mai și spui haideți la vot.[00:28:09] [00:28:10] Că nu știi cine vine, de fapt tu nu știi ce-i acolo. Ăștia care se[00:28:13] George Buhnici: uită la noi trebuie să meargă la vot. Da, [00:28:15]ăștia da. Și ceilalți trebuie ajutat să înțeleagă să facă diferența.[00:28:19] Cristian Onetiu: Da. [00:28:20][00:28:20] George Buhnici: Da, pentru că fiecare trebuie la votul lui și votul meu e egal cu votul lui Nea Vasile.[00:28:24] Cristian Onetiu: Da. [00:28:25][00:28:25] George Buhnici: Asta e democrația până[00:28:25] Cristian Onetiu: la urmă. Eu m-am implicat în ultimele săptămâni luni [00:28:30] să construiesc un gimmick, un deck.[00:28:33] Curiozitate prin care [00:28:35] să-i ajut pe oameni să gândească critic, să aibă mai multe perspective [00:28:40] deodată. E o platformă în care sunt puse știri [00:28:45] crude, cât crude se poate ca să nu intrăm în subiectul ăsta, adică nu la [00:28:50] mâna a treia, a patra, interpretate deja cu un ton ovoi, ci mai aproape de [00:28:55] sursele de știri simple.[00:28:57] S-a întâmplat asta, asta s-a întâlnit cu ăla, asta s-a întâlnit, [00:29:00]asta s-a întâmplat Cum îi zice? Cetățean.ro încă nu e, urmează să fie, [00:29:05]dar îți arăt cum funcționează, adică iei o știre de acolo care e crudă, de la Reuters, de la [00:29:10] Jetpress, din zone care, să zicem că sunt mai mult știri, știu, toate au bias-ul [00:29:15] lor, știu, toate au, dar te duci un pic mai aproape de unele mai curate mai clean.[00:29:19] [00:29:20] Ok. Să-ți gândești tu pe ce se întâmplă pe fapte. [00:29:25] Și poți să-ți setezi niște profile. De comentatori [00:29:30] care preiau prin AI tone-of-voice-ul unor comentatori cunoscuți și [00:29:35] care sunt unii mai progresiști, unii mai conservatori, unii mai moderați, unii mai activiști, unii mai [00:29:40] pasivi social și așa mai departe. Îi vezi pe o matrice de nouă [00:29:45] pătrățele și începi să faci pe aceeași tire interpretări diferite de la [00:29:50] unul mai progresist unul mai conservator, unul mai naționalist, unul mai așași pentru că îi [00:29:55] identifici și poți să-ți și numești ca nume acolo ca să îi ai ca referință și [00:30:00] AI-ul ia din tone-of-voice-ul lor și din interpretările acelui profil și îți [00:30:05] arată cum poți să vezi în cinci feluri diferite aceeași tire.[00:30:08] Ca să nu mai cazi pradă [00:30:10] algoritmului care dacă te-a uitat cumva la două știri de un anumit fel să creadă că îți place [00:30:15] și să te ține acolo trei săptămâni de să nu mai știi de capul tău să ți se îngusteze lumea.[00:30:19] George Buhnici: [00:30:20] Cum a făcut Nenea la Agigea, să nu știu unde s-a urcat pe pod de dimineață că el vrea [00:30:25] neapărat turul doi înapoi[00:30:26] Cristian Onetiu: Da.[00:30:26] Și[00:30:27] George Buhnici: l-au luat și l-au luat la spital să-l caute un pic și la căpuț, pentru că ăla [00:30:30] probabil a văzut pe TikTok atât de multe chestii despre că trebuie să ieșim în stradă [00:30:35] că el a ratat faptul că s-a închis, gata, dacă vrei să[00:30:38] Cristian Onetiu: protestezi, s-a [00:30:40] dus. Când intri pe platformă, intri pur și simplu și îți faci un profil.[00:30:44] Îți faci un profil [00:30:45] care, uite, arată așa. Deci sunt 9 cadrane în care te încadrezi în funcție de răspunsuri Eu am făcut un test [00:30:50] aici. Păi și îmi faci bulă cu AI cu chestia asta? Nu-ți fac bulă, din potrivă. Eu ți-arăt... Mă scoți [00:30:55] din bulă? Te scoți din bulă. Tu ai o interpretare subiectivă a ta, răspunzi la 12 [00:31:00] întrebări și spui eu sunt cam așa așa mi-arată.[00:31:01] Ok, bun. După care începi să te uiți la [00:31:05] știri și când ai la știri, vezi o știre, da? Și când vezi o știre tu [00:31:10] o interpretezi. Nu știu, e una de astea, da? Și îți [00:31:15] redefinești niște comentatori cu AI. Aici sunt niște nume pe care le-am editat [00:31:20] eu în așa fel încât să-mi fie mai ușor să văd perspectiva lor. Am pus CTP, Cristoiu, [00:31:25] Tolontan, Călin Georgescu, mai sunt câțiva.[00:31:29] Și atunci... [00:31:30] Păi nu, că este în stilul lui. Eu îl editez. Eu nu-l dau [00:31:35] în platformă și atunci tu ți-l pui cum vrei. Dar îți dau niște referințe ca să poți să le înțelegi. Și tu dacă... că [00:31:40] și aici scrie dacă tu dai pe unul de ăsta, spune ăsta nu este el. Este un AI care [00:31:45]interpretează tonul voice-ul și profilul în care l-am încadrat pe acel individ.[00:31:47] O să țară ăștia în capăt să zică că le-ai furat [00:31:50] identitatea. Ai grijă. După care faci o generare Dacă intri gura lui CTP? [00:31:55] Păi nu, că eu mi-am editat Eu acolo sunt blank. Platforma nu-i numește. Tu ți-i editezi cum vrei tu. Tu le-ai dat nume. [00:32:00] Da. Eu îți dau o serie de personaje care seamănă de acolo și tu ți-o îndenumești cum vrei tu.[00:32:04] Am [00:32:05] înțeles. Da? Și asta-i generat de CTP, de Profilul ăsta pe care [00:32:10] l-am numit ăsta. Tu-ți selectezi de aici ce-ți place, zici bă, asta e interesantă. Și ți-o [00:32:15] păstrezi în... ți pui în partea de... Ți-ai salvat-o. [00:32:20] Te mai uiți și la altul, ți-ai salvat-o și după aceea îți pui o perspectivă personală în care [00:32:25] tu spui bă, părerea mea este asta, că așa văd eu lucrurile și îți generează un [00:32:30] răspuns în funcție de cum îl vrei, stil analitic, explicativ, pamfletar, [00:32:35] socratic, narrativ sau chiar și inversui, în care tu îți generezi un articol al [00:32:40] tău.[00:32:40] Îl editezi, îl lucrezi și după aceea ți-l publici Și fiecare articol pe [00:32:45] care îl publici este din nou procesat să-ți arate dacă e în cadranul tău sau tu pe [00:32:50] diferite puncte de vedere ai abordări diferite. Te cunoști mult mai bine când tu crezi despre tine [00:32:55] că ești, nu știu, progresist, moderat civic, dar tu vezi că în toate articolele [00:33:00] pe care tu le publici sau le salvezi, poți să nu le publici de fapt ești în altă parte sau ai [00:33:05]subiecte pe care nu ești deloc așa adică nu seamănă cu ce ești tu în mod [00:33:10] declarat Altfel spus, ești din bulă, ești din algoritm vezi perspective [00:33:15] diferite deodată în același timp și...[00:33:17] Încep să te cunoști mai bine pe tine, să vezi care [00:33:20] sunt subiectele, pentru că în realitate tu n-ai simțit vreodată că pare așa că suntem [00:33:25] schizofrenici, la unele suntem foarte conservatori, la unele suntem foarte progresiști, băi bine să ne vedem [00:33:30] istoric notițele noastre și articolele noastre unde suntem mai progresiști, unde suntem mai [00:33:35]conservatori, unde suntem mai naționaliști înflăcărați, trebuie să [00:33:40]începem să ne cunoaștem pe subiecte Și dacă noi nu începem să ne cunoaștem, nu avem cum să [00:33:45] vorbim altora mai asumat.[00:33:47] Și dacă noi nu începem să vorbim mai asumat, oamenii [00:33:50]care se uită la noi și ne întreabă cum o să fac eu, cu cine votez, [00:33:55] nu o să aibă argumentație. E un ghimic, e un test E un fel de anti-algoritm. [00:34:00] Să vezi unde te potrivești tu în algoritm și să ieși de acolo. Exact. Pe măsura ce tu [00:34:05] îți creezi conținut, tu te cunoști mai bine pe tine.[00:34:07] Nu algoritmul te cunoaște și tu nu știi [00:34:10] că el știe mai multe despre tine. Tu începi să știi mai multe despre tine pe[00:34:13] George Buhnici: subiecte. Acum o întrebare pentru [00:34:15] cei care ne urmăresc să hotărăscă ei dacă au timp chef, disponibilitate să facă așa [00:34:20] ceva. Vreți să faceți așa ceva? Vreți să aflați în ce parte a [00:34:25]bulei sunteți și să ieșiți din bulă?[00:34:26] Eu fac exercițiul ăsta de la începutul [00:34:30] carierei Până că mi-am dat seama făcând școala de jurnalistică [00:34:35] facultatea mi-a dat seama clar că unii o dau așa și unii o dau așa. Și nu există adevăr [00:34:40] obiectiv sute la sute. Există nuanță întotdeauna, orică timpul te limitează. [00:34:45] Cât timp ai să cercetezi, cât timp ai să comunici chestia aia, cât timp ai să procesezi.[00:34:49] Asta am [00:34:50] și făcut de fapt Ce[00:34:50] Cristian Onetiu: înseamnă AI până la urmă? Aici înseamnă pe scurt, înseamnă o [00:34:55] metodă mult mai rapidă de a căuta de mii ori mai multe informații și de [00:35:00] a-ți găsi o soluție la o problemă mult mai repede. Problema asta e AI-ul. Și, de fapt asta și vrem să [00:35:05] facem aici. Să-ți dureze la fel de mult să-ți creezi o proprie opinie, văzând mai multe perspective, [00:35:10] decât să citești o știre biasată de nu știu ce post astăzi de celălalt post astăzi sau după aceea [00:35:15] când te prinde algoritmul de aceleași surori care îți dau aceiași informații.[00:35:18] George Buhnici: Să-ți ia la fel de[00:35:19] Cristian Onetiu: [00:35:20] [00:35:25] [00:35:30] [00:35:35][00:35:40] [00:35:45] puțin timp. Da? [00:35:50] Bă, dacă îl citești pe ăsta, asistăm la un nou episod din telenovela balcanică intitulată nu știu ce, dacă îl pui [00:35:55] pe cel pe care l-am numit Cătălin Tolontan, e cu totul [00:36:00]altfel. Adică profilul ăsta, o să-ți spun imediat profilul ăsta cum e, ăsta [00:36:05] este profil încadrat foarte activ, [00:36:10] moderat folosești un ton sobru, factual, orientat spre detalii [00:36:15] concrete, citează cifre, date, statistici și așa mai departe.[00:36:18] Regruparea extremei drepte în [00:36:20] jurul, nu știu care prin o schimbare semnificativă, fiecare are perspectiva lui, te înveți, eu după ce m-am, [00:36:25] îți seama că testând, mă uit și zic doamne, eu nici măcar nu știam până acum să [00:36:30] pot să-mi dau seama de diferențele de interpretare a unei știri. Cu toate că... [00:36:35] Mă credeam capabil să fac asta.[00:36:37] George Buhnici: Nu eram antrenat. Singurul mod în care [00:36:40]poți să o faci manual, dacă vrei, nu așa cu AI, este să te uiți pe mai [00:36:45]multe canale de televiziune Și să vezi aceeași tire pe 5-6 canale diferite dacă mai [00:36:50] dă cineva aceeași tire Da, dar nu le găsești[00:36:52] Cristian Onetiu: același timp. Nu le vezi sincron. Deci [00:36:55]trebuie să-ți iei câteva ore pe zi ca să faci treaba asta.[00:36:57] Asta făceam[00:36:58] George Buhnici: în începutul anilor 2000. [00:37:00] Da. Că pe vremea aia nu aveam social media și efectiv stăteam și mă uitam [00:37:05] și la chinezi și la Al Jazeera, mă uitam și la BBC și la CNN și după aceea începeam să fac o idee. Așa e. [00:37:10] Dar este un efort și chestia asta până la urmă te poate face [00:37:15] mai greu de manipulat, mai sarcastic.[00:37:18] Nu, nu cred că [00:37:20] ajungi la sarcastic cred că[00:37:20] Cristian Onetiu: sarcastic ești mai... Mai[00:37:22] George Buhnici: sătul,[00:37:23] Cristian Onetiu: te saturi de toată [00:37:25] manipularea. Păi da, dar atunci ești[00:37:26] George Buhnici: devis sătul când nu înțelegi. Când înțelegi Când înțelegi, cred [00:37:30] ajung la un moment dat să ți se ia de toți ăștia. Păi nu da, observi[00:37:32] Cristian Onetiu: Că toată lumea[00:37:32] George Buhnici: minte.[00:37:33] Cristian Onetiu: Păi da, da, devii observator.[00:37:34] Devii [00:37:35] observator. Și asta e drept. Nu mai ești sarcastic nu mai devii sarcastic [00:37:40] victimă ci devii cinic față de lume, [00:37:45]observator. Tu zici, păi așa funcționează lumea când o înțelegi cum funcționează lumea, nu mai te superi, nu mai [00:37:50] ai așteptări de la ea.[00:37:51] George Buhnici: Trebuie să înțelegem lumea că de aia suntem aici.[00:37:53] Cristian Onetiu: Da.[00:37:54] George Buhnici: Și tu ai [00:37:55] capacitatea asta de a evalua, ai și o metodă de care mi-ai povestit de pe stel Aplicăm pe stelul, pe [00:38:00]situația actuală?[00:38:01] Cristian Onetiu: Da, pe scurt așa.[00:38:02] George Buhnici: Poate că ne-am lălăit-o noi un pic, dar cred că [00:38:05] aveți un pic mai mult context în legătură cu felul în care ne raportăm, inclusiv la America și la alte părți [00:38:10] ale lumii în momentul ăsta, dar și la Europa, și înțelegem că are mai multe bune decât [00:38:15] credem, că diversitatea ne face mai rezistenți ca în pădure, că dacă ai diversitate, dacă [00:38:20] bradul ăsta a fost atacat, gândacu' nu are cum să sară motorul brad dacă mai sunt niște [00:38:25] fagi, niște carpeni între ei, știi?[00:38:26] Și atunci dacă în România ai probleme și n-ai probleme în [00:38:30]Germania sau invers, poți să ajungi în cele din urmă ca lucrurile astea să se... Dacă începem să funcționăm ca organism,[00:38:34] Cristian Onetiu: [00:38:35] dacă nu funcționăm ca organism, nu transferăm informațiile ADN de [00:38:40] la unul la altul, nu ducem anticorpii, dar dacă începem să funcționăm ca organism Europa, [00:38:45] Atunci vom face[00:38:46] George Buhnici: acest transfer rapid.[00:38:47] Ani de zile am observat chestia asta, nici o televiziune de [00:38:50]la noi nu avea corespondenți la Bruxelles, nu știu dacă ai observat. Și dintr-o dată un [00:38:55] european și-a dat seama că are o problemă de comunicare și în ultimii doi ani a început să [00:39:00] aibă corespondenți acolo să transmită europarlamentarii să aducă din [00:39:05] țările lor oameni care să vadă cum se întâmplă procesul ăsta pentru că e destul de ușor să te uiți la [00:39:10] distanță Ai mă că ea sunt într-un turn de filde și acolo și fac chestii.[00:39:12] Bă, până la urmă noi am votat, am venit să fac niște chestii.[00:39:14] Cristian Onetiu: [00:39:15] Dar tu uite-te la știri. Câte știri sunt în care se vorbește despre ceva de la Bruxelles, comparativ cu ce s-a [00:39:20]întâmplat în America, în Rusia, în China sau altul de acolo? Zero. Zero, da Nici măcar nu știm [00:39:25] ce rol are Parlamentul Europei. Exact. Noi nu știm.[00:39:28] Noi ne uităm și spunem, ce faceți mă [00:39:30] acolo? Cum ați ajuns să aveți atâta Binecurație, uite ce salarii au! Da, deci nu știm. Nu știm [00:39:35] Nici măcar comparativ cu alte sisteme [00:39:40] centralizate ca așa noastre, ce salarii au aia comparativ Ce roluri au? Cât de [00:39:45] democratic[00:39:45] George Buhnici: funcționează asta față de altele Habar n-avem.[00:39:47] Până la urmă tot la federalizare vom ajunge, dacă vrem să [00:39:50]fim competitivi și trufea sau altul din Europeană trebuie să se comportă ca o federație.[00:39:54] Cristian Onetiu: [00:39:55] Iar antreprenorii și oamenii cu spirit antreprenorial trebuie să înțeleagă lumea repede, pentru că dacă [00:40:00] nu înțeleg, s-ar putea să construiască modele de business [00:40:05] strâmbe, inutile sau să nu înțeleagă [00:40:10] stakeholderii, fie că e vorba de consumatori, e vorba de stat și administrație [00:40:15] publică centralizată sau locală, furnizori.[00:40:18] Deci dacă ai un [00:40:20] business care vinde în toată lumea, trebuie să te gândești bine în noua economie ce să faci Dacă ai furnizori din [00:40:25] America trebuie să te gândești rapid ce să faci și trebuie să înțelegi lumea pentru că tu nu poți să aștepți [00:40:30] doar când îți vine un mail de la furnizorul tău în care spune că îți vinde cu 40% mai scump sau tu [00:40:35] îi vinzi cu 30% mai scump.[00:40:36] Trebuie să anticipezi lucrurile astea. Trebuie să cunoști lumea Și [00:40:40] doi cred că, acum dau spoiler din ce mi-am pregătit [00:40:45] aici, cred că vor fi o grămadă de oameni. Întreprenori de nevoie. [00:40:50] Nu de vocație sau de pasiune sau de viziune. [00:40:55] Antreprenori de nevoie. Pentru că își vor pierde relevanța job-urile lor în pozițiile pe care le au [00:41:00] acum.[00:41:00] Ajungem acolo.[00:41:02] George Buhnici: Câteva întrebări foarte directe și aplicate, ca să fim [00:41:05] și un pic concreți, că mulți oameni o zică vorbiți mult, dar da ține ceva. Bun. Dolari. [00:41:10] Ținem dolari asaltea sau nu? Aș recomanda nu. De ce? [00:41:15] Politic sau...?[00:41:16] Cristian Onetiu: Și, și. Și, și. De [00:41:20] ce dolarul este moneda internațională? Pentru că [00:41:25] stăpânul sau capul lumii libere era american.[00:41:28] Când capul lumii [00:41:30] libere nu mai e american, eu nu știu cine o să fie, ar fi bine să te gândești că nu mai va, [00:41:35] nu, nu, îi va fi greu să păstreze [00:41:40] puterea absolută pe care a avut-o. Plus că avem pe alții care au interese. Uite pe ăștia cu [00:41:45] BRICS-ul, uite pe alții care așteaptă la colți de mult. Adică și ei vor fi loviți de, [00:41:50] așa cum Europa e lovită în democrație și dolarul va fi, așteaptă la cotitură de prea mult timp alții să [00:41:55] vină cu concorența unui currency.[00:41:58] Deci vorbești de[00:41:58] George Buhnici: competiție, da? [00:42:00] Crezi într-un scenariu în care administrația americană va devaloriza dolarul ca să [00:42:05] lăcută la[00:42:05] Cristian Onetiu: export? Da, a început de mulți o să continue să facă treaba asta. Deci și prin [00:42:10] genul ăsta de măsuri, și prin măsurile care de fapt [00:42:15] erodează încrederea în capacitatea Americii de a mai vrea să fie [00:42:20] polițistul lumii și puternicul lumii.[00:42:24] [00:42:25] Ok, deci nu ținem dolari. Aș recomanda să [00:42:30] ne obișnuim cu... Ideea de [00:42:35] Wall Street, de a avea multe forme de asset-uri și [00:42:40] să ne uităm dimineața să vedem care a scăzut, care a crescut. Mai bine să ne obișnuim să [00:42:45] avem 10 currency-uri și 10 tipuri de asset-uri care au o anumită fluctuație [00:42:50] decât să stăm îngrijorați cu toate ouăle puse pe dolar și toată [00:42:55] dimineața să ne uităm, să vedem ce-a făcut ăia.[00:42:58] Dacă vrei să nu fii la mâna [00:43:00] altora, trebuie să ai diversificare. Diversificare înseamnă să ai și euro, [00:43:05] înseamnă să ai și currency-uri internaționale care circulă dar și [00:43:10] currency-uri netradiționale. Adică deja [00:43:15] poți în orice companie să-ți faci conturi de cripto, poți să operezi, adică de ce să nu [00:43:20] ai mai multă mai puțină expunere față de...[00:43:25][00:43:25] Degemonia unui dolar. Deci mai puțin dolar și mai mult euro. Mai mult [00:43:30] euro, mai mult... Chiar și cripto. Chiar și cripto da. Trebuie să ai stomac [00:43:35] de jucător pentru chestia asta. Adică trebuie să te uiți dimineața să nu te panichezi că a [00:43:40] scăzut 10%, că a făcut nu știu cine, nu știu ce. Adică trebuie să ai un pic de stomac.[00:43:44] [00:43:45] Dolarul nu va scădea 10% peste noapte, dar în 3 ani de zile va fi și [00:43:50] va avea și el niște spaicuri. Mă aștept să aibă niște spaicuri. Dar trebuie să fii jucător și trebuie să te înțelegi că [00:43:55] nu mai e lumea de mai demult când te culci cu 10 lei în buzunar și te treci tu cu [00:44:00] 10 lei și poți să cumpere acele lucruri cu 10 lei.[00:44:02] Adică noi ce vorbim aici vorbim din părerile [00:44:05] noastre personale. Nimic din ceea ce spun eu nu vreau să fie luat ca mai [00:44:10] mult altceva decât o opinie personală din ceea eu gândesc și ceea fac pentru business-urile mele. [00:44:15] Noi ne strângem informațiile din sursele noastre și ajungem la niște [00:44:20] concluzii.[00:44:20] George Buhnici: Am mai spus chestia asta, nu cheltui pe crypto decât banii pe care ești pregătit să-i [00:44:25] pierzi pentru că s-ar putea să-i pierzi.[00:44:26] Sunt șanse mai mari de zero să pierzi bani în [00:44:30] crypto, da? Da, în multe alte zone, chiar[00:44:32] Cristian Onetiu: și în piață de capital. [00:44:35] Dacă te duci acum și începi să pui bani în piață de capital și să cumperi acțiuni și să vinzi, come [00:44:40] on. Adică știi vorba, unii în bursă vin cu experiență unii vin cu bani, [00:44:45] aia care a venit cu experiență pleacă cu bani, aia care a venit cu bani pleacă cu experiență.[00:44:49] George Buhnici: Iar la [00:44:50] crypto, chestiile astea sunt și mai dure, pentru că am văzut inclusiv oameni din jurul lui Trump care [00:44:55] au făcut monede și tot felul de combinații de crypto. Pare un free-for-all, toată [00:45:00] lumea este, e foame de bani, băieții , e foame de bani așa e. E foame de bani dar pe [00:45:05] partea de crypto, cum o vezi în perioada asta?[00:45:07] Ți se pare că piața e sus, e jos? E [00:45:10] sub-evaluată e supraevaluată[00:45:11] Cristian Onetiu: Sub. De[00:45:12] George Buhnici: ce?[00:45:14] Cristian Onetiu: Pentru[00:45:14] George Buhnici: că[00:45:14] Cristian Onetiu: o [00:45:15] țin. Au mai fost perioade în istorie în care au ținut-o acolo până [00:45:20] când și-au făcut ITF-urile lor, până când au cumpărat la prețul la care au vrut ei.[00:45:23] George Buhnici: Am mai[00:45:24] Cristian Onetiu: spus chestia [00:45:25] asta. În continuare ea prin surprindere. Deci e atât de [00:45:30] avantgardist scripton cât i-a luat...[00:45:32] Bitcoin-ul [00:45:35] le-a luat înainte. Ei se gândeau la lucrurile astea, dar le-a luat-o înainte mult, abia s-au prins cu [00:45:40] el care-i treaba, dar sunt încă întârziați cu tot ce poate, crypto, [00:45:45] blockchain și tot ce înseamnă tehnologiile descentralizate de astăzi DAO și așa mai departe. Ei [00:45:50] de-abia țin pasul, e o mașină care a pornit...[00:45:53] Cu 800 la oră [00:45:55] și ești cu un elastic prins în spate și mai trage câteodată elasticul așa și mai prind, [00:46:00] dar se uită iar a plecat mașina, bă de abia ne-am prins cu treaba asta, bă iar a plecat. [00:46:05] E mult mai dinamic, e mult mai dinamic domeniul decât pot ei duce [00:46:10] și pot nu reglementa ci strânge [00:46:15] sau[00:46:15] George Buhnici: capitaliza ei, știi?[00:46:16] Cristian Onetiu: Dar[00:46:17] George Buhnici: până la urmă, uite și guvernanții americani după ce [00:46:20] păreau anti-anti-anti, acum declară public că vor încerca să acumuleze din orice sursă [00:46:25] posibil. Păi de ce? De[00:46:26] Cristian Onetiu: ce până acum au fost anti? Dacă mie nu-mi place că faci tu platforma [00:46:30] cetățean.ro și deschizi mintea oamenilor, o-ți dau 10 [00:46:35] motive să închizi și să urlu la tine și peste 3 ani când ești și tu [00:46:40] pregătit, o să spui uite am făcut și eu noi un tool cu un AI care să-i ajute pe oameni.[00:46:43] Dar ea e a, nu mai e [00:46:45] descentralizat, nu mai e, nu. E, îl controlez eu acolo dau la butoane dau eu. Mai așa, mai [00:46:50] așa. Așa-i peste tot. Atunci când nu înțelegi ceva și știi că-i potențial acolo, îl [00:46:55]reglementezi și dai în el până-l omori. Și când îl omori cumperi ieftin și după aceea [00:47:00] zici, bă știi ce? Bă nu-i chiar așa de rău.[00:47:02] Am început să-l înțelegem. În[00:47:04] George Buhnici: [00:47:05] paranteze și am început să-l deținem. De ce? E încă de vreme. Pentru că de [00:47:10] cele mai multe ori ni se pare că am ratat și ideea asta, când de fapt schimbarea nu se întâmplă [00:47:15] peste noapte, durează o vreme și sunt încă destul de multe lucruri care încă [00:47:20]sunt în infanție, cum zicem.[00:47:23] Știi Sunt la început. [00:47:25] Alte lucruri mai vezi că sunt încă de vreme. Pentru... Partea[00:47:28] Cristian Onetiu: asta de [00:47:30] America, am intrat deja în zona asta și speranța mea este ca Europa să [00:47:35] rămână bastionul democrației, fragil, mușcat de [00:47:40] fund din toate părțile și izolat, chiar văd o [00:47:45] izolare în viitorul în perioada următoare, și pe toți ceilalți care [00:47:50] încearcă să muște.[00:47:51] În România cred că politic ne [00:47:55] vom... Ne vom bătători mințile, nu știu cum o să fie, [00:48:00] pentru că o să continue toată zona asta de populism economic. Mă uit [00:48:05] îngrijorat la tot ce înseamnă impactul promisiunilor dubioase, [00:48:10] politice în zona de cifre. Nu au niciun fel de sustenabilitate, dar [00:48:15] mă îngrijorează că oamenii nu sunt curioși de a înțelege [00:48:20] cifrele.[00:48:20] Adică să te lași așa ușor păcălit de cineva care spune că o să-ți [00:48:25] dau, nu o să-ți mai iau fără să înțelegi că... Că împărțim la toată lumea...[00:48:30] [00:48:35] [00:48:40][00:48:44] Că genul [00:48:45] ăsta de mesaj nu că prinde, înțeleg că prinde. Dacă nu ne trezim și că [00:48:50] nu există voci raționale care să vorbească numai despre asta, zic că, bă, știi ce, eu nu [00:48:55] mai vorbesc la emisiunea asta despre nimic până nu mă răspunzi la întrebarea asta. Pentru că tu îți bazezi tot [00:49:00] mesajul pe genul ăsta de argumente.[00:49:03] Până nu mi-e explici, eu nu te mai [00:49:05] întreb ce ai mai făcut când ai fost mic, cu cine te-ai mai certat, eu nu-ți mai dau spațiu de emisie până când nu [00:49:10] rezolvi axiomele cu care tu pornești sub formă de platformă program și care nu sunt [00:49:15] sustenabile. Dacă mi le explici pe alea după aceea vorbim despre tot ce vrei tu.[00:49:18] Dar nu mi-ai răspuns la [00:49:20] lucrurile pe care... Marșalitatea emisiunilor de televiziune par spălări zilele astea Da. Da, deci aici [00:49:25]trebuie să avem grijă unii de noi și trebuie să ne manifestăm spiritul civic mai mult între [00:49:30] prieteni, între apropiați, între oamenii care pot vorbi despre ceva. Dar scurt pe[00:49:34] George Buhnici: partea politică de [00:49:35] la noi, oamenii au impresia că totul se joacă acum, nu mai nu se joacă tot.[00:49:38] Din punct de vedere parlamentar [00:49:40] e închisă pentru voturile patru ani. Deci avem parlamentul rezolvat, guvernul n-ai cum să îl dai jos, [00:49:45] poate să vină orice președinte, nu poți să schimbi configurația care e la putere în momentul ăsta. Hai [00:49:50] să ne trezim un pic. Bătălia este pentru cine pune și la servicii. Pe [00:49:55] partea asta politică este multă gargară se vorbește mult, sunt tins să-ți dau dreptate [00:50:00] că următorii patru ani ne vor arăta cât departe se poate duce suveranismul ăsta la noi.[00:50:04] Cristian Onetiu: [00:50:05] Da. Da? Deci asta, nu vorbesc numai până la alegere, acum. Eu vorbesc de... În următorii patru ani. Da. [00:50:10]2025, 2026, 2027. Deci asta se va amplifica tot mai mult. Ok. Pentru că indiferent ce se va întâmpla și [00:50:15] dacă câștigă un suveranist sau nu președinția, subiectul ăsta nu s-a [00:50:20] terminat. Corect El nu se închide acum.[00:50:21] Din potrivă, el se amplifică sub o formă de [00:50:25] gherila, că am rămas ne-au furat, sau sub formă de hai să le arătăm la aia și hai [00:50:30] să dărâmăm tot ce e așa că nu-i bun. Deci asta va continua într-o formă sau alta, ambele [00:50:35] Va trebui să ne înarmăm cu rațiune și cu discuții de critical [00:50:40] thinking, că tot am vorbit de critical thinking și critical thinking îmi scria cineva pe [00:50:45] un comentariu dom'le, dar să nu mai fim atât de critici Critical thinking nu înseamnă că îl critici pe [00:50:50] celălalt înseamnă că despachetezi, de acolo vine din greacă despachetezi un termen [00:50:55] să-l înțelegi adică îl raționalizezi puțin îl pui pe hârtie, nu că tu ai o idee și [00:51:00] critical thinking înseamnă eu să fiu împotriva ta[00:51:02] George Buhnici: să te[00:51:02] Cristian Onetiu: critic.[00:51:03] George Buhnici: Critical thinking, dacă [00:51:05] acest maga, dacă suveranismul american reușește, crezi că [00:51:10] următorul parlament de la noi va fi suveranist? Va avea majoritate suveranistă? În Europa? Da. [00:51:15]Adică MAGA, ce vor ei? Da, pentru că MAGA nu a reușit să [00:51:20] facă Europa MAGA încă, dar dacă planul lui Trump cu roligarhii [00:51:25] lui cu MAGA, cu toate mișcarea asta reușește în America să o facă cumva nu știu, great, [00:51:30] grozavă dacă fac America grozavă în mătorii 2-3 ani, până la mătoare alegeri [00:51:35] crezi că poate să răstoarne și America și Europa să o facă MAGA?[00:51:38] Cristian Onetiu: Dacă o face [00:51:40] grozavă, da dar mă îndoiesc că poate să o facă adică [00:51:45][00:51:46] George Buhnici: apropo de cinism Hai că-mi notezi, fii atent, suntem în [00:51:50] neapropiem de, ne registrăm încă în martie martie 2025, Cristian Nețiu a spus așa [00:51:55] că Trump nu o să reușească[00:51:56] Cristian Onetiu: Nu cred, nu pentru că are foarte multe lucruri adică singurul [00:52:00] lucru care-l văd care văd să-l reușească este să facă o dinastie din familia lui [00:52:05] asta o văd sau din apropiații lui, să zicem Știi că a vrut să o pună pe Ivanka [00:52:10] să candideze Păi Uite-te și tu la pozele astea, cum vezi toată familia acolo, nu-ți [00:52:15] arată dinastie?[00:52:16] Adică când dacă venea Obama, [00:52:20] nu că țin eu cu Obama, nu țin nici cu nici care, n-am nicio treabă cu ei, dar zic ca și [00:52:25]comparație, dacă venea cu Michel în dreapta să o pună nu știu ce, păi sărea toată [00:52:30] lumea în sus. Dar a încercat Clinton. Noroc că s-a [00:52:35]împiedicat Clinton. Da mă de fapt în esență, toți încearcă același lucru.[00:52:39] Când [00:52:40] ai putere absolută.[00:52:42] George Buhnici: Nu puterea absolută [00:52:45] orbește absolut.[00:52:46] Cristian Onetiu: Te face cea mai [00:52:50] absolutistă persoană din lume. Nu există, nu există nu ne-a arătat istoria niciodată până acum, [00:52:55] că doar din istoria care o știm noi așa nostalgică, că acel mare cezar a fost bun pentru [00:53:00] oameni. Nu știu Nu știm A fost tot despre puterea lor și despre toate Tot revenind la America, dar[00:53:04] George Buhnici: [00:53:05] trebuie să te mai întreb ceva.[00:53:06] Da,[00:53:06] Cristian Onetiu: ultima.[00:53:06] George Buhnici: Elon Musk. Eu zic Elon Musk, tu spui? [00:53:10][00:53:10] Cristian Onetiu: Eu[00:53:10] George Buhnici: zic Peter Thiel Adică? Păi [00:53:15] trebuie să te duci mai sus. Apropo de știri, știi? Există cineva mai șmecher[00:53:18] Cristian Onetiu: decât Elon Musk acolo? Peter Thiel, [00:53:20]clar. De ce? a fost. Păi întotdeauna a fost. Și angajatorul lui principal și finanțatorul lui principal [00:53:25] cum? Adică nici nu se pune problema cine-i...[00:53:26] Păi Musk e cel mai[00:53:27] George Buhnici: bogat[00:53:28] Cristian Onetiu: unul de pe[00:53:28] George Buhnici: planetă. [00:53:30][00:53:30] Cristian Onetiu: Că așa... Și teoretic cel mai puternic. Eu sunt în 500 Forbes, dar [00:53:35] eu mai știu încă 10.000 care nu sunt acolo și care au mult mai mulți bani [00:53:40] decât... Eu n-am atâția bani cât scriu acolo și au de 100 de ori mai mulți bani și nu știe nimeni. [00:53:45] Nu e vorba de asta. E vorba de...[00:53:46] Lupta nu mai e pe banii. Banii sunt peste tot. E o luptă [00:53:50]ideologică Peter Thiel este un ideolog puternic. Foarte puternic. Foarte [00:53:55] puternic. Și a învățat de la René Girard niște lucruri fantastice care le-a [00:54:00] concretizat într-un capitalism [00:54:05] brutal. Brutal. [00:54:10] Elon Musk e mai... Umanist, parcă decât [00:54:15] Peter Thiel. Adică acolo ce văd eu mai departe ce [00:54:20] pot să înțeleg mai departe, că acolo este vârful [00:54:25] acestor mari bogații ai lumii cu companiilor [00:54:30] tehnologice.[00:54:30] E doar putere? E doar obsese de putere? Nu. Cei mai periculoși sunt [00:54:35] ăștia care au ideologie. Care cred că lumea asta era [00:54:40] cum e, că ne ducem în râpă, [00:54:45] inevitabil. Dar, vezi, și fașismul tot așa funcționează. Identifică [00:54:50] un lider maxim care te salvează, nu o instituție. Trebuie să identifice un pericol și [00:54:55] un dușman.[00:54:55] Deci acestea sunt caracteristicile premergătoare unui în [00:55:00]Italia, fașist. Așa s întâmplat. E aceeași rețetă. [00:55:05] Ok.[00:55:06] George Buhnici: Deci cât mai dorează relația lui Elon cu Trump? [00:55:10] Depinde de[00:55:11] Cristian Onetiu: pilă.[00:55:12] George Buhnici: Cel al cărui nume nu-l pronunțăm nu? Ca Harry Potter [00:55:15] Exact, exact. Voldemort. Depinde de vil că til l-a pus și pe Vens. Ascul [00:55:20] niște podcast-uri din state în care ei vorbesc cu foarte multe în fază despre acest patriotism al [00:55:25] oamenilor din tehnologie care vor să salveze țara și [00:55:30] trebuie să repare guvernul că e plin de s

Dean takes calls from listeners seeking advice on replacing old school light bulbs in antique fixtures, tankless urinal odor problems, when doing a kitchen remodel, do you start with the floor first or install the cabinets first, retaining wall basics, contractor problems and turning an detached garage into an ADU.

Short-term rentals are still a popular asset class, but you have to optimize them for your guest avatar to get them right. On this episode of Zen and the Art of Real Estate Investing, Jonathan sits down with Mark Lumpkin, Sales Director at STR Cribs. STR Cribs helps STR owners understand what makes a high-performing short-term rental. They are renovation and design experts for top-performing short-term rentals nationwide. Jonathan and Mark start their conversation by exploring the features a short-term rental needs to stand out, how you can optimize a property's features, and the importance of addressing preventative maintenance before it becomes a problem. Mark explains why paying attention to guest feedback, performing trial stays at a property with friends and family, and the difference between market-specific and universal amenities is important. You'll hear why data is essential in purchasing the right property in the right market, why you shouldn't overlook secondary STR markets, and adding ADU or disability accessibility to appeal to more guests. Finally, Mark shares how he and his wife began investing in STRs, how STR Cribs can help STR owners design and build their ideal short-term rental, and his advice for investing in an asset you can use and rent out. Short-term rentals continue to be a popular option for real estate investors, and now, more than ever, they have to stand out from the crowd. Mark Lumpkin offers insights on creating a property you and your guests can enjoy. In this episode, you will hear: What drew Mark Lumpkin to short-term rentals, and why each STR has to stand out Optimizing the features of each property and customizing it to your guest avatar Addressing preventive maintenance and longevity rather than putting them off Paying attention to guest reviews and listening to feedback Staying in your properties and asking friends and family to stay there to address any issues you didn't think about Market-specific amenities versus universal amenities based on different guest types Using data to purchase the right property in the right market Why you shouldn't overlook some of the secondary STR markets The importance of ADU or disability accessibility in a property How Mark and his wife began investing in STRs after some international travel where they learned some lessons about what did not fit their lifestyle How STR Cribs helps STR owners design and build their ideal STR The lack of top-tier homes available as STRs and the best ROI amenities Mark's advice for investing in an STR you can use as well as rent out Follow and Review: We'd love for you to follow us if you haven't yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We'd love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at https://zenandtheartofrealestateinvesting.com/podcast/228/ to download it. Supporting Resources: STR Cribs website - STRCribs.com STR Cribs on YouTube - www.youtube.com/@STRCrib Connect with Mark Lumpkin on LinkedIn - www.linkedin.com/in/mark-lumpkin-84b173142 Website - www.streamlined.properties YouTube - www.youtube.com/c/JonathanGreeneRE/videos Instagram - www.instagram.com/trustgreene Instagram - www.instagram.com/streamlinedproperties TikTok - www.tiktok.com/@trustgreene Zillow - www.zillow.com/profile/StreamlinedReal Bigger Pockets - www.biggerpockets.com/users/TrustGreene Facebook - www.facebook.com/streamlinedproperties Email - info@streamlined.properties Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.

There's a hidden passive income stream in your basement, backyard, or garage, and only one investing strategy can unlock it. More and more homeowners and landlords are using this strategy to pay their mortgages, pad their pockets with cash flow, and increase their home values significantly. Of course, we're talking about ADUs (accessory dwelling units), the rental properties that states are begging you to build, and you can do so right now with the home you already own. To help you affordably (and profitably) build your first ADU, we brought on Derek Sherrell, AKA That ADU Guy, to give you the beginner steps to your first attached (or detached) investment. We're walking through which properties have the best ADU opportunity, how much an ADU costs to build or convert, how much an ADU will make, how to fund and finance your first ADU, and how Derek builds an ADU from scratch in just 90 days! Derek often makes an infinite return on his ADU investments, and he's teaching you how to do the same! If you're in an expensive state like California, Oregon, or Washington, this strategy is even more effective as you can collect more rent AND do so without local regulations slowing down your ADU progress! In This Episode We Cover: How much an ADU costs to build, and the wild returns Derek is making in 2025 The most affordable ADU conversion that will boost your property's cash flow Three crucial beginner tips when designing and building your first ADU How to finance your ADU conversion/build and why Derek loves HELOCs Best states for building ADUs and who to call BEFORE you decide to build And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Ask Your Question on the BiggerPockets Forums BiggerPockets YouTube Apply to Be a BiggerPockets Podcast Guest! Maximize Your Real Estate Investing with a Self-Directed IRA from Equity Trust Save $100 on Real Estate's Biggest Event of the Year, BPCon2025 Grab Dave's Book, “Start with Strategy” Sign Up for the BiggerPockets Real Estate Newsletter Find Investor-Friendly Lenders Is Building an Accessory Dwelling Unit (ADU) a Worthwhile Investment Derek's BiggerPockets Profile Derek's Website Connect with Dave Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1097 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Are prefab ADUs the key to unlocking new streams of real estate income? In this episode of The Rich Somers Report, Rich sits down with Andrew Greer to discuss how investors are using prefabricated accessory dwelling units (ADUs) to maximize their properties, scale rental income, and build long-term wealth.Rich and Andrew dive into:How prefab ADUs can be installed quickly and generate high cash flowWhy ADUs are one of the best solutions for affordable housing and rental demandThe step-by-step process of adding an ADU to your propertyHow to finance and permit ADUs, plus key zoning laws to knowWhy California's ADU-friendly policies are creating massive opportunities for investorsAndrew shares real-world case studies and strategies from his own projects, breaking down how investors can leverage ADUs for long-term passive income and portfolio growth. Whether you're a seasoned investor or looking to maximize the value of your property, this episode provides actionable insights to help you get started.For limited investment opportunities with Somers Capital: www.somerscapital.com/invest. Ready to take your investing to the next level? Join our Boutique Hotel Mastermind Community. Join a free strategy call with our team: www.hotelinvesting.com. If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.

Is it possible to scale your real estate portfolio in this market? What if you only have one income? Getting past one rental property is a huge hurdle in every investor's real estate journey, but increasing your rental income and lowering your mortgage costs can help you maximize your cash flow and get over the hump. And in this episode, we'll show you how! Welcome back to another Rookie Reply! Today, we're diving back into the BiggerPockets Forums and answering your questions. First, we'll hear from an investor who wants to scale their portfolio but feels stuck with one rental. We'll show them how to squeeze more money out of their property and fund their next purchase. Our next question is from an investor who wants to refinance a “unique” property that doesn't have comparables. What type of loan do they need? Should they sell the property? Stay tuned to find out. Finally, we'll help a few landlords with some “unusual” rental maintenance headaches! Looking to invest? Need answers? Ask your question here! In This Episode We Cover: Whether you can build and scale a real estate portfolio on ONE income House hacking, renting by the room, and MORE ways to grow your rental income Homeowners insurance, property taxes, and MORE mortgage costs you can reduce How to turn your accessory dwelling unit (ADU) into a short-term rental Creative ways to get refinancing for a “non-traditional” rental property How to handle unusual (or unreasonable) maintenance requests from tenants What you MUST keep in mind when working with Section 8 tenants And So Much More! Links from the Show Ashley's BiggerPockets Profile Tony's BiggerPokckets Profile Join BiggerPockets for FREE Real Estate Rookie Facebook Group Real Estate Rookie YouTube AirDNA Ownwell Land More Off-Market Deals with Crucial Property Owner Contact Information from DealMachine Ask Your Question for a Future Rookie Reply Grab the Book “The Self-Managing Landlord” Find Investor-Friendly Lenders Real Estate Rookie 443 - How to Use “Asset Management” to Build Wealth (Even with a Small Portfolio) (00:00) Intro (01:01) Scaling with 1 Income (11:14) Refinancing “Unique” Properties (17:08) “Unreasonable” Maintenance (26:05) Section 8 Tenants (31:37) Ask Your Question! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-514 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Obsession with his own reflection leads a vain man to uncover the horrifying truth behind an ancient mirror with a sinister life of its own. *** Hear this story in Boris Karloff's “Tales of the Frightened” along with other Old Time Radio shows in this episode of #RetroRadio! Darkness Syndicate members get the ad-free version. https://weirddarkness.com/syndicateInfo on the next LIVE SCREAM event. https://weirddarkness.com/LiveScreamInfo on the next WATCH PARTY event. https://weirddarkness.com/TVCHAPTERS & TIME STAMPS (All Times Approximate)…00:00:00.000 = Show Open00:02:00.000 = CBS Radio Mystery Theater, “Age Cannot Wither Her” (August 11, 1975) ***WD00:49:28.409 = The Shadow, “Murder In E-Flat” (December 04, 1938) ***WD (LQ)01:12:15.499 = BBC Spine Chillers, “Inner Critic” (April 2006) 01:26:23.649 = Strange, “Phantom Wagoneer” (March 21, 1955)01:41:56.779 = Suspense, “The Night Reveals” (March 02, 1943)02:11:46.409 = Tales of the Frightened, “Mirror of Death” (1957)02:16:55.889 = Tales From The Tomb, “Do You Know Where The Children Are?” (ADU)02:22:17.859 = Theater Five, “The Trouble With Alphie” (September 03, 1964)02:42:58.699 = 2000 Plus, “Veteran Comes Home” (July 05, 1950) ***WD03:11:15.889 = The Unexpected, “Jailbreak” (August 22, 1948)03:26:10.999 = Unit 99, “Loaded Gun and Burglar Tools” (November 08, 1957) (LQ)03:49:44.309 = Unsolved Mysteries, “Indian Fakir” (February 17, 1944) ***WD04:03:34.009 = Dark Venture, “Only Inhabitant” (November 19, 1946) ***WD04:33:25.209 = The Weird Circle, “Terrible Night” (January 23, 1944)05:00:49.251 = Show Close(ADU) = Air Date Unknown(LQ) = Low Quality***WD = Remastered, edited, or cleaned up by Weird Darkness to make the episode listenable. Audio may not be pristine, but it will be better than the original file which may have been unusable or more difficult to hear without editing.Weird Darkness theme by Alibi Music Library= = = = ="I have come into the world as a light, so that no one who believes in me should stay in darkness." — John 12:46= = = = =WeirdDarkness® is a registered trademark. Copyright ©2025, Weird Darkness.= = = = =CUSTOM WEBPAGE: https://weirddarkness.com/WDRR0299

Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Paul Dashevsky. America's leading provider of resources for building Granny Flats, Guest Suites, Tiny Houses, and other ADUs. Today's Tiny Homes to Live in for Adults provide a stylish, fully furnished capsule house experience. Designed with comfort in mind, it’s perfect for anyone seeking a modern, compact home. Serial entrepreneur, real estate investor and angel investor Paul Dashevsky is Co-Founder/Co-CEO of Maxable.com – the ADU property design / build / construction resource website – and also GreatBuildz.com, a resource to find highly vetted residential/home contractors for real estate remodeling and other property improvement projects. Dashevsky has several decades of experience in the construction and renovation business. Having personally built and renovated over 350 homes, he encountered the frustrations that arise when contractors fail to meet expectations. Paul’s determination to solve this major pain point inspired him to start GreatBuildz. Paul holds a B.A. in Economics from UCLA and a Masters in Real Estate Development from USC. #BEST #STRAW #SHMS Support the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.