Podcasts about Tri

Este septiembre me pongo intenso con lo básico de fotografía

"Real Housewives of Atlanta" star Phaedra Parks and Scheana Shay from "The Valley" will be joining our "Virtual Reali-Tea" co-hosts Danny Murphy and Evan Real live at the "VRT Awards" September 17th at City Winery in NYC. Also, joining in on the fun is Jessi Ngautikaura, Melissa Gorga, Candiace Dillard Bassett and our winners of the Golden Kettle award presented by Tri-state Cadillac, Alexia Nepola and Marysol Patton. Get your tickets now to watch them receive their awards! Learn more about your ad choices. Visit megaphone.fm/adchoices

Chương trình 'Hỗ Trợ tại gia' hay 'Support at Home' của chính phủ liên bang sẽ được áp dụng từ ngày 1 tháng 11 năm nay, thay thế cho kế hoạch quen thuộc 'Chăm Sóc tại gia' hay 'Home Care', việc nầy có thể gây nhiều thắc mắc cho các bác cao niên đang sử dụng dịch vụ. Hội Phụ nữ Việt Úc tại Victoria sẽ tổ chức 3 buổi có tên là 'Gặp Gỡ và Chia Sẻ' tại 3 địa điểm khác nhau. Các nơi nầy ở đâu và ngày giờ diễn ra thế nào, cô Vân Hà phụ trách việc 'Phát Triển Dịch Vụ Chăm Sóc' của Hội cho biết thêm thông tin.

 - Tổng Bí thư Tô Lâm chủ trì cuộc làm việc của Bộ Chính trị với Ban Thường vụ Đảng uỷ Quốc hội, cho ý kiến vào dự thảo các văn kiện, phương án nhân sự và công tác chuẩn bị Đại hội đại biểu Đảng bộ Quốc hội lần thứ I, nhiệm kỳ 2025 – 2030.- Khai mạc Đại hội đại biểu Đảng bộ tỉnh Quảng Ngãi lần thứ I, nhiệm kỳ 2025-2030. Đây là Đại hội đảng bộ cấp tỉnh đầu tiên trong cả nước.- Ban Nghiên cứu phát triển kinh tế tư nhân công bố Mô hình “Toàn cảnh Kinh tế tư nhân Việt Nam”.- Sau 13 ngày tổ chức, Triển lãm Thành tựu đất nước thu hút gần 7 triệu lượt khách đến tham quan. - Hà Nội khẳng định, sẽ thực hiện nghiêm chỉ thị của Thủ tướng Chính phủ việc hạn chế xe sử dụng nhiên liệu hoá thạch từ 1/7/2026.- Thủ lĩnh phong trào thanh niên của Mỹ bị ám sát trong một sự kiện diễn thuyết tại đại học Utah Valley.

VOV1 - Sáng nay 10/9, tại Hà nội, Triển lãm Quốc tế NEPCON Vietnam 2025 chính thức khai mạc, đánh dấu lần tổ chức thứ 18 liên tiếp của sự kiện chuyên ngành uy tín bậc nhất về công nghệ SMT, công nghệ thử nghiệm, máy móc thiết bị và công nghiệp hỗ trợ ngành điện tử do RX Tradex Việt Nam tổ chức.

VOV1 - Trong 3 ngày (8 – 10/9), thành phố Hải Phòng đã tổ chức 107 chuyến xe miễn phí, đưa đón hơn 4.500 người dân tới tham quan Triển lãm thành tựu Đất nước nhân dịp 80 năm Ngày Quốc khánh tại Trung tâm Triển lãm Quốc gia (Hà Nội).

Cập nhật những thông tin hàng ngày tại Hàn Quốc từ chính trị, kinh tế, văn hóa, khoa học, tình hình quốc tế và các vấn đề liên quan đến Bắc Triều Tiên.

La Perrada | ¡Extra, extra! Santi Giménez apareció con el Tri. El delantero rossonero se inventó un golazo para dar el empate a México sobre su 'similar' de Corea del Sur, Javier Aguirre ya se acordó que tiene laterales en Europa ¿Qué conclusiones salen de esta fecha FIFA? Tenemos al Sabueso en el estudio para platicar de lo que ha sido la presentación del equipo nacional, las sensaciones del Vasco y toda la actualidad en las eliminatorias. Venezuela deja sin segundo equipo al Produ, pierden en casa y no estarán presentes en el Mundial 2026. No te olvides de suscribirte, activar la campanita de notificaciones y seguirnos en todas la plataformas digitales como @somoslaperrada todos los días crece la manada más grande de México. Exclusivas, información, desmadrísmo deportivo y los mejores Picks para apostar en Playdoit ¿Dónde más?

Con đường Tầm Vu (phường 26, quận Bình Thạnh cũ) vốn là một trong những tuyến kết nối quan trọng giữa cầu Bình Triệu, cầu Kinh Văn Thánh và các khu dân cư lân cận. Thế nhưng, dọc đoạn đường chỉ khoảng 1km này, những bất cập về vệ sinh môi trường, trật tự đô thị và lấn chiếm lòng lề đường lại đang khiến bộ mặt thành phố trở nên nhếch nhác, mất mỹ quan, đồng thời tiềm ẩn nhiều nguy cơ về an toàn giao thông.

Los expertos de Futbol Picante analizan la previa del choque amistoso del Tri en Oakland, California, en su preparación para el Mundial 2026. Learn more about your ad choices. Visit podcastchoices.com/adchoices

- Tổng Bí thư Tô Lâm chủ trì cuộc làm việc của Bộ Chính trị với Ban Thường vụ Đảng uỷ các cơ quan Đảng Trung ương- Ngày Quốc gia Việt Nam với nhiều hoạt động đặc sắc nhằm giới thiệu bản sắc văn hóa, khẳng định khát vọng phát triển đất nước diễn ra sáng nay tại Triển lãm toàn cầu (World EXPO) ở Osaka, Nhật Bản- Bộ Công Thương bàn về cơ chế giá điện 2 thành phần, hướng tới áp dụng cho nhóm khách hàng sử dụng điện lớn và bắt đầu triển khai từ đầu năm sau- Thủ tướng Pháp không vượt qua được cuộc bỏ phiếu bất tín nhiệm, khép lại nhiệm kỳ chưa đầy 9 tháng.- Liên hợp quốc kêu gọi hỗ trợ khẩn cấp cho nạn nhân động đất ở Afghanistan.

Cập nhật những thông tin hàng ngày tại Hàn Quốc từ chính trị, kinh tế, văn hóa, khoa học, tình hình quốc tế và các vấn đề liên quan đến Bắc Triều Tiên.

Mientras el britpop vive de sus recuerdos, Suede han continuado manteniendo su identidad y su calidad con solvencia a lo largo de muchos años. Acaban de publicar 'Antidepressants', al que llaman su álbum post-punk, es un disco crudo y distorsionado sobre las tensiones de la vida moderna, la paranoia, la ansiedad, la neurosis, desconexión social y la soledad. Traumas sobre los que sobrevuela una idea: solo la música nos volverá a unir.De soledad, la buscada y la no elegida, hablamos con la psicóloga clínica Rosana Corbacho en nuestra sección 'Discociadas vivas'. Además, sometemos a nuestro cuestionario cultural (FAQ!) a Luis García Montero, poeta y director del Instituto Cervantes. Y escuchamos las reflexiones y canciones de nuestra Playlist que solo vosotros hacéis posible. Playlist:Alex G - RunnerWavves - Sinking FeelingMujeres, Cariño - Al Final AbrazosViva Belgrado - Más Triste Que Shinji IkariSen Senra - Por TiClaudio Montana, Ultralágrima - El paseoRalphie Choo, rusowsky - GATAshego - oh boiCarolina Durante - NormalThe Tubs - Wretched LieCar Seat Headrest - Fill In The BlankHatchie - SureTriángulo de Amor Bizarro - Asmr para TiNation of Language - On Division StBoy Harser - Give Me a ReasonM83 - Midnight CityRoyel Otis - Murder On The DancefloorSaint Etienne, Confidence Man - Brand New MeJayda G - The ShiverSG Lewis, TEED - DevotionDaphni - Clap Your HandsTunde Adebimpe - DropDJ Koze, Damon Albarn - Pure LoveAlizzz - CallaitoBad Bunny - BOKeTeSuede - The DrownersSuede - Broken Music for Broken PeopleSuede - Dancing With The EuropeansAmaia - M.A.P.SFKA twigs - Childlike ThingsYaeji - boobooDjo - Carry The NameMile Kane - I PrayNewDad - Everything I WantedAmor Líquido, Las Petunias - No seré una estrellaHot Chip - Ready For The FloorGeorgia - Get Over ItAlice Wonder - ave:renacerWet Leg - CPRshego - Curso Avanzado de PerraEscuchar audio

Đất hiếm là vũ khí lợi hại giúp Trung Quốc đối mặt với chính sách bảo hộ của Hoa Kỳ. Washington khai thác thuế nhập khẩu vì các mục đích kinh tế và nhất là địa chính trị. Lá chủ bài của Nga là năng lượng. Matxcơva đang dùng đòn « Ngoại giao ống dẫn khí đốt » để phá vỡ gọng kềm trừng phạt của phương Tây, mà mắt xích đầu tiên là Hoa Kỳ. RFI tiếng Việt phỏng vấn Igor Delanoë phó giám đốc Đài Quan Sát Pháp-Nga.  Đến dự thượng đỉnh Tổ Chức Hợp Tác Thượng Hải Thiên Tân, dự lễ duyệt binh trên Quảng Trường Thiên An Môn Bắc Kinh, tổng thống Nga Vladimir Putin không bỏ lỡ cơ hội phô trương quan hệ thắm thiết với các lãnh đạo Ấn Độ, Bắc Triều Tiên và đặc biệt là với nước chủ nhà Trung Quốc. Ở Thiên Tân, hôm 01/09/2025 Trung Quốc, Nga và Ấn Độ khẳng định quyết tâm mở rộng tầm hoạt động của Tổ Chức Hợp Tác Thượng Hải (SCO) ra ngoài lĩnh vực an ninh. Các bên đồng ý thành lập một ngân hàng phát triển dành riêng cho các nước thành viên. Bắc Kinh, Matxcơva mạnh dạn hơn trên con đường xây dựng một trật tự thế giới mà ở đó tất cả không còn chỉ xoay quanh các nước phương Tây. Hai ngày sau, tổng thống Nga đến Bắc Kinh dự lễ duyệt binh nhân kỷ niệm 80 năm kết thúc Thế Chiến Thứ Hai và họp thượng đỉnh song phương Nga-Trung. Đây là dịp để lãnh đạo tập đoàn dầu khí Gazprom thông báo Matxcơva và Bắc Kinh « khởi động lại chương trình xây dựng đường ống đưa khí đốt Power of Siberia 2 ». Đây sẽ là tuyến đường thứ ba đưa khí đốt của Nga sang Trung Quốc, sau Siberia 1 và Tuyến đường Phương Đông. Power of Siberia 2, dự án trị giá 12 tỷ euro để xây dựng đường ống từ các mỏ khí của Nga ở Yamal đến khu vực đông bắc Trung Quốc, đi qua Mông Cổ. Một khi đi vào hoạt động, tuyến đường này cho phép cung cấp 50 tỷ mét khối khí đốt hàng năm cho Trung Quốc. Báo chí Matxcơva nói đến « dự án vĩ đại nhất thế giới trong ngành công nghiêp năng lượng ». Yếu tố chính trị trong thỏa thuận năng lượng Nga-Trung  Trả lời RFI tiếng Việt, chuyên gia Igor Delanoë phó giám đốc Đài Quan Sát Pháp-Nga CCI, cộng tác viên của Viện Quan Hệ Quốc Tế và Chiến Lược Pháp IRIS, công nhận đây là một dự án vô cùng quan trọng đối với cả Matxcơva lẫn Bắc Kinh vào lúc Nga đã mất đi khách hàng quan trọng nhất là châu Âu. Song người Pháp có câu « le diable se cache dans les détails » nghĩa là thành công hay thất bại của dự án tùy thuộc vào những « chi tiết nhỏ ». Hiện tại còn nhiều « chi tiết » không hề nhỏ, hai đối tác chính là Gazprom của Nga và CNPC của Trung Quốc vẫn còn bất đồng. Igor Delanoë nhắc lại, tuần trước nhiều thỏa thuận hợp tác song phương đã được ký kết tại Bắc Kinh nhân chuyến công du Trung Quốc của tổng thống Vladimir Putin. Igor Delanoë : « Trong quan hệ giữa Nga và Trung Quốc, đôi bên đã ký kết khoảng 20 văn kiện liên quan đến nhiều lĩnh vực : nông nghiệp, y tế, giáo dục, không gian... Tuy nhiên nổi bật nhất là bản ghi nhớ về chương trình xây dựng đường ông dẫn khí Power of Siberia 2. Phía Nga đã nói đến một văn bản có giá trị pháp lý ràng buộc trong thời hạn 30 năm. Quá trình đàm phán đã kéo dài và theo chỗ tôi được biết thì hai tập đoàn Gazprom và CNCP vẫn chưa đạt đồng thuận về nhiều điểm : phía CNCP của Trung Quốc đòi mua khí đốt của Nga với mức giá như là Gazprom bán ra trên thị trường nội địa. Đó là điều kiện tập đoàn Nga không thể thỏa mãn, bởi vì buôn bán như vậy Gazprom không có lợi ích thương mại nào cả ». Khí đốt : Trung Quốc sẽ chấp nhận lệ thuộc đến 60 % vào một đối tác ? Igor Delanoë : « Dự án đường ống dẫn Siberia 2 đã bắt đầu được đàm phán từ lâu nay, nhưng mà trước đó, Siberia 1 đã đi vào hoạt động từ 2019, với công suất hiện tại là 38 tỷ mét khối mỗi năm. Trong chuyến công du Trung Quốc lần này, tổng thống Nga đã đồng ý nâng công suất của Siberia 1 lên tới 44 tỷ mét khối/năm. Hơn nữa giữa Matxcơva và Bắc Kinh còn có một đường ống thứ ba, cho phép xuất khẩu mỗi năm 10 tỷ mét khối khí đốt sang Trung Quốc. Một khi đi vào hoạt động thì đường ống Power of Siberia 2 mới là dự án quan trọng nhất : công suất của đường ống này là 50 tỷ mét khối hàng năm. Như vậy cộng cả ba đường ống để Nga cung cấp khí đốt cho Trung Quốc, trong tương lai Matxcơva có thể xuất khẩu đến 106 tỷ mét khối một năm cho quốc gia châu Á này. Đây là một điểm rất quan trọng đối với Gazprom vào lúc mà thị trường châu Âu đã khép lại – (trước đây mua vào 150 tỷ mét khối/năm). Trung Quốc tuy không thể hoàn toàn thay thế vào chỗ trống Liên Âu để lại, nhưng ít ra thì cũng bù đắp lại được khoảng 2 phần 3 thị phần của châu Âu ». Với Nga, dự án pipeline Siberia 2 rõ ràng là vô cùng quan trọng. Đối với Trung Quốc cũng vậy - nhất là khi mà Bắc Kinh đang đàm phán về giá cả với Gazprom. Chuyên gia về Nga Igor Delanoë  lưu ý thêm những điểm như sau : Igor Delanoë : « Trong dự án Siberia 1, đường ống dài 2.200 km nối liền vùng Iakoutie đông Siberia của Nga với tỉnh Hắc Long Giang, đông bắc Trung Quốc, chi phí xây dựng chủ yếu do tập đoàn Nga đài thọ. Sở dĩ mà Gazprom có thể tài trợ là nhờ doanh thu từ xuất khẩu khí đốt sang châu Âu. Châu Âu mua khí đốt của Nga với giá cao. Giờ đây với chi phí xây dựng cơ sở hạ tầng đó, liệu có sẽ do Trung Quốc đảm nhiệm hay không ? Chưa thể giải đáp câu hỏi này. Hiện tại Gazprom hiện tại đang gặp « khó khăn về tài chính » : ngân sách đầu tư của tập đoàn này cho năm nay giảm 7 % so với hồi 2024. Gazprom phải sa thải 40 % nhân sự tại trụ sở tại Saint Petersbourg ; Tháng 5/2024 lần đầu tiên từ hơn 2 thập niên qua, tập đoàn này thông báo làm ăn thua lỗ (lỗ hơn 3,5 tỷ đô la). Đây là hậu quả trực tiếp từ các biện pháp trừng phạt Âu, Mỹ đánh vào kinh tế Nga từ khi Matxcơva đưa quân xâm chiếm Ukraina ». Mượn bóng Trung Quốc để kích thích Hoa Kỳ ? Do vậy, giới trong ngành cho rằng, tổng thống Putin đã tận dụng chuyến công du Trung Quốc vừa qua để phô trương thành tích trong hợp tác năng lượng với Bắc Kinh. Từ trước đến nay bản thân tổng thống Putin luôn thận trọng với Siberia 2 khi Trung Quốc đòi mua khí đốt của Nga với giá rẻ và đòi Gazprom đài thọ phần lớn các phí tổn xây dựng đường ống. Về phía Bắc Kinh tới nay, Trung Quốc vốn chủ trương không để phụ thuộc quá 50 % vào bất kỳ một nhà cung cấp năng lượng nào. Với Siberia 2, một khi đi vào hoạt động, cùng với hai đường ống đã có sẵn thì Nga sẽ trở thành nguồn cung cấp chiếm đến 60 % nhập khẩu khí đốt của Trung Quốc ! Phải chăng vì chiến tranh Ukraina kéo dài mà hai nhà lãnh đạo quyền lực nhất ở Bắc Kinh và Matxcơva đã thay đổi quan điểm ?  Không loại trừ khả năng « văn bản ghi nhớ mang tính ràng buộc » về Power Siberia 2 được thông báo hồi tuần trước là một thông điệp Matxcơva gửi tới Washington. Nga từng chính thức mời tập đoàn dầu khí ExxonMobil của Mỹ « trở lại » với dự án Sakhalin. Hơn một chục ngày sau thượng đỉnh Donald Trump -Vladimir Putin tại Anchorage, Alaska, báo tài chính Mỹ The Wall Street Journal đưa tin ExxonMobil dường như đang đàm phán với Rosneft để tham gia trở lại dự án khai thác dầu khí Sakhalin 1 trong vùng Viễn Đông Nga. Về điểm này chuyên gia Pháp, Igor Delanoë đánh giá :   Igor Delanoë : « Có tin đồn rằng người Mỹ có thể quay lại tham gia dự án Sakhalin ở Viễn Đông Nga. Điều này sẽ đòi hỏi Washington phải ngừng trừng phạt Nga để cho phép các tập đoàn của Mỹ quay lại với dự án này. Nhưng chúng ta thấy rõ, tại thượng đỉnh Thiên Tân cũng như là sự kiện ở Bắc Kinh sau đó, hình ảnh thắm thiết giữa Nga - Ấn Độ - Trung Quốc còn là thông điệp nhắm tới Hoa Kỳ. Tuy vậy đây chỉ là một giải pháp tình thế khi các bên xích lại gần nhau vì đừng quên là vẫn có nhiều bất đồng sâu sắc, đặc biệt là về tranh chấp biên giới giữa Ấn Độ và Trung Quốc, rồi gần đây hơn là giữa Ấn Độ với Pakistan mà Mỹ thì đang sưởi ấm quan hệ với Pakistan và cả Trung Quốc thì đã đứng về phía Islamabad. Chẳng qua là do Mỹ gây áp lực với Ấn Độ và đã đẩy thủ tướng Modi vào vòng tay các ông Tập Cận Bình và Vladimir Putin. Đây là khuynh hướng chung. Về phía ông Putin, thông điệp ẩn đằng sau những sự kiện này là gửi đến người Mỹ, để nói rằng: nếu Hoa Kỳ không buông Ukraina, thì cái giá địa chính trị mà họ phải trả là việc củng cố liên minh tam giác Á-Âu gồm Nga, Trung Quốc và Ấn Độ - với các dự án năng lượng như khí đốt sang Trung Quốc và dầu mỏ sang Ấn Độ ». Nga « bắt đúng mạch » của Mỹ  Igor Delanoë : « Trong lĩnh vực dầu khí, trước khi nổ ra chiến tranh Ukraina, ExxonMobil có một số dự án hơp tác với Nga ở vùng Bắc Cực và Viễn Đông. Nhưng tất cả đã bị đóng băng hoặc bỏ dở một khi Matxcơva đưa quân sang Ukraina và bị phương Tây trừng phạt. Từ khi Donald Trump trở lại cầm quyền, ông đã nối lại đối thoại song phương với Vladimir Putin. Năng lượng là một hồ sơ được đôi bên thảo luận. Nga đề nghị mời Mỹ quay lại và Matxcơva không chỉ mang dầu hỏa khí đốt ra để nhử mà còn để ngỏ khả năng cùng hợp tác khai thác đất hiếm, hợp tác trong nhiều lĩnh vực khác nữa. Các doanh nhân thân cận với Donald Trump rất chú ý đến điểm này và có thể là Washington đang buông tay với Ukraina để xích lại gần hơn với nước Nga của Vladimir Putin. Để đạt được mục tiêu này, thì điều kiện tiên quyết là đến một lúc nào đó phải dỡ bỏ các lệnh cấm vận kinh tế Nga. Trước mắt các bên mới chỉ bàn thảo đến dự án Sakhalin ». Vẫn Igor Delanoë ghi nhận, Nga dùng lá bài đầu tư, kinh tế, năng lượng và cả khoáng sản để thu hút trước hết là chú ý của các nhóm lợi ích bao quanh tổng thống Trump. Mục đích của Matxcơva là thuyết phục được chủ nhân Nhà Trắng vừa giảm hỗ trợ cho Ukraina, vừa nhờ Hoa Kỳ bẻ gấy mắt xích đầu tiên của loạt trừng phạt nhắm vào kinh tế Nga. Một khi mà Washington dỡ bỏ cấm vận với Nga, thì không có lý do gì để các đối tác của Hoa Kỳ như Nhật Bản, Hàn Quốc và châu Âu tiếp tục cô lập Matxcơva. Rất có thể là Vladimir Putin muốn dùng dự án Sakhalin như công cụ hiệu quả nhất bởi chỉ cần Mỹ thực sự quay lại, đó sẽ là một tín hiệu gửi đến các đối tác khác – hoặc đối tác cũ của Nga – về triển vọng nối lại hợp tác năng lượng. Theo nhà nghiên cứu Igor Delanoë Nhật Bản, Hàn Quốc cũng đang nóng lòng chờ đợi một tín hiệu « thuận lợi » nào đó theo chiều hướng này. Đâu chỉ có Trung Quốc hay Mỹ mới biết dùng các công cụ kinh tế để phục vụ các lợi ích địa chính trị. 

Lãnh đạo Triều Tiên được xếp ngang hàng với Vladimir Putin, người đã khiến Kim Jong Un thất vọng 4 tháng trước.Xem thêm.

Zdravo. Tokrat začnemo nostalgično: spomnimo se daljinca na kabel, prvih igralnih konzol iz konca 70-ih in 80-ih, ter (ker je september) študiramo, katere podkaste je najbolje poslušati v gneči na cesti. Iz te debate nas katapultira do drznega teološkega vprašanja, ali res obstaja bog prometnih kolon in ali ga slučajno častimo vsakič, ko hupamo. Ali pa hupanje deluje kot cerkveni zvon? Sveta Feltna ali Sveti Hupko, usmili se nas. Namesto nas najde rešitev za manj gneče Roman Mars, mi pa brainstormamo, kateri podkast najbolj pomirja na začetku kolone na Celovške, potem pa čudežno preidemo na 2. poglavje knjige Zadnja priložnost. Tri leta po dogodkih iz 1. poglavja so naši junaki na lovu za komodskim zmajem. Mi pa razmišljamo, zakaj so nam plazilci manj simpatični od kosmatih mesojedcev.

Cập nhật những thông tin hàng ngày tại Hàn Quốc từ chính trị, kinh tế, văn hóa, khoa học, tình hình quốc tế và các vấn đề liên quan đến Bắc Triều Tiên.

Tri decenije Beograda, muzike i sporta – sažeto kroz iskustvo jednog čoveka. U 334. epizodi Pojačala Ivan Minić razgovara sa Ivanom Lončarevićem, čovekom koji već decenijama vodi paralelne karijere: sportski komentator i novinar sa jedne, a graditelj alternativne muzičke scene kroz Pop Depresiju sa druge. Lončarević otvara ključne prelomne tačke svoje priče, od preko 1600 snimljenih epizoda i formata, do toga kako je Pop Depresija izrasla iz radijske emisije u izdavačku kuću i koncertnu praksu, prateći autore poput Ane Ćurčin, Kralja Čačka, Gazorpazorpa i Prototipa te energiju pokreta Hali Gali. Govori o mentorstvu i tome zašto se karijera ne gradi instant receptima, o realnosti komentarisanja iz skučenih kabina i vrednosti pripreme, kao i o Beogradu i sceni kroz tri decenije. Rezultat je sažet, iskren i koristan vodič kroz istrajnost, ukus i odgovornost prema zajednici. O čemu smo pričali: - Najava razgovora - Početak razgovora - Kad porastem biću - Velikani fudbala - Sportski velikani - Sport nekad i sad - Situacija u zemlji - Muzika 80tih i 90tih - Beograd nekad i sad - Fakultetski dani - Rad na radiju b92 - B92 iz mog ugla - Romantičarski pristup - Početak pop depresije - Event organizacija - Ulazak u izdavaštvo - Teški periodi - Zaključak razgovora Podržite nas na BuyMeACoffee: https://bit.ly/3uSBmoa Pročitajte transkript ove epizode: https://bit.ly/3VzmrhI Posetite naš sajt i prijavite se na našu mailing listu: http://bit.ly/2LUKSBG Prijavite se na naš YouTube kanal: http://bit.ly/2Rgnu7o Pratite Pojačalo na društvenim mrežama: Facebook: http://bit.ly/2FfwqCR Twitter: http://bit.ly/2CVZoGr Instagram: http://bit.ly/2RzGHjN

Ở tập số 8 của series Triết học 101, chúng ta sẽ đến với Aristotle – một nhà bác học vĩ đại của Hy Lạp cổ đại. Đây là một tập khó, bởi nó đi từ góc nhìn về công bằng xã hội từ thời kỳ trước Công nguyên cho tới những tranh luận chính trị hiện đại. Aristotle không chỉ hỏi “công bằng là gì”, mà còn hỏi “công bằng để làm gì”. Và chính từ câu hỏi đó, hàng loạt mâu thuẫn bắt đầu xuất hiện. Nếu bạn đã đi cùng series này từ đầu, tập này sẽ thử thách sự kiên nhẫn của bạn, nhưng hy vọng nó cũng sẽ mang lại nhiều suy ngẫm thú vị. 00:00 mâu thuẫn từ chery hopwood case03:06 aristotle và telos08:15 casey martin case13:02 phản biện aristotle18:08 alasdair macintyre21:16 phản biện macintyre25:55 vậy công lý phục vụ ai?Để đầu tư tốt hơn cho thiết bị và chi phí hosting, mình rất vui nếu bạn có thể ủng hộ/donate mình thông qua MoMo hoặc chuyển khoản ngân hàng: 222 6868 111 - NGUYEN DUY THANH - MB (NH Quân Đội). Cảm ơn các bạn rất nhiều!

La mesa de Punto Final analiza y debate, ¿la Selección Japonesa exhibió las carencias del ‘Tri'? Learn more about your ad choices. Visit podcastchoices.com/adchoices

- Chủ trì Phiên họp Chính phủ thường kỳ tháng 8 diễn ra hôm nay, Thủ tướng Phạm Minh Chính đặc biệt lưu ý kiểm soát giá vàng, chỉ đạo các cơ quan chức năng có giải pháp không để xảy ra tình trạng găm hàng, đội giá, thao túng thị trường.- Bức tranh sơn mài 'Bác Hồ đọc Tuyên ngôn độc lập' của họa sĩ Chu Nhật Quang chính thức xác lập kỷ lục Guinness thế giới.- Triển vọng ngừng bắn Nga – Ucraina vẫn rất mờ mịt sau tuyên bố mới nhất của Tổng thống Putin về việc sẵn sàng “đảm bảo an toàn” cho Tổng thống Volodymyr Zelensky nếu ông sang Mát-x-cơ-va đàm phán.- Nguy cơ leo thang cuộc chiến thương mại giữa Mỹ và Liên minh Châu Âu xuất phát từ việc EU phạt công ty công nghệ Google của Mỹ vì vi phạm luật cạnh tranh

- Bộ Tài chính bỏ đề xuất đánh thuế 20% đối với thu nhập chịu thuế khi chuyển nhượng chứng khoán.- Khán giả xúc động khi xem phim 'Mưa đỏ' tại Thành cổ Quảng Trị.- 1001 chuyện về Chương trình phát thanh tiếng Khmer của Đài TNVN.- Chủ tịch Trung Quốc Tập Cận Bình hội đàm với nhà lãnh đạo Triều Tiên Kim Jong Un.-  Rwanda triển khai dịch vụ taxi điện bay tự lái đầu tiên ở châu Phi.

VOV1 - Thủ tướng Chính phủ quyết định kéo dài thời gian Triển lãm thành tựu Việt Nam đến 15/9/2025, giúp người dân có thêm điều kiện tham quan, trực tiếp trải nghiệm và thụ hưởng những thành quả phát triển của đất nước, trong đó có những thành tựu kinh tế Việt Nam: 80 năm "Kiến tạo và Phát triển".

- Hàng Việt cần tăng tốc xây dựng thương hiệu, mở rộng hệ sinh thái tiêu dùng trong nước và khai phá thị trường mới.- Tăng cường kiểm tra, giám sát hàng hoá tại Hội chợ Triển lãm thương mại và nông sản an toàn- Dịp cao điểm trước, trong và sau Tết trung thu 2025.

VOV1 - Phát biểu tại cuộc hội đàm với Nhà lãnh đạo Triều Tiên ngày 4/9, Chủ tịch Trung Quốc Tập Cận Bình nhấn mạnh, Trung Quốc và Triều Tiên cần tăng cường phối hợp chiến lược và bảo vệ lợi ích chung trong các vấn đề quốc tế và khu vực.

Cập nhật những thông tin hàng ngày tại Hàn Quốc từ chính trị, kinh tế, văn hóa, khoa học, tình hình quốc tế và các vấn đề liên quan đến Bắc Triều Tiên.

durée : 00:59:49 - Le 13/14 - par : Bruno Duvic - Vêtements, quand les poubelles débordent... Les organismes de tri croulent sous les produits de la fast fashion. Alors les consommateurs n'hésitent plus à s'en débarrasser avec leurs ordures, ce qui pose de gros problèmes. Vous aimez ce podcast ? Pour écouter tous les autres épisodes sans limite, rendez-vous sur Radio France.

- Thủ tướng Phạm Minh Chính chỉ đạo các bộ, ngành và địa phương tập trung khắc phục cơ sở giáo dục bị thiệt hại do thiên tai, bảo đảm điều kiện khai giảng năm học mới cho học sinh.- Chương trình nghệ thuật “Vang mãi bản hùng ca”, do Bộ Công an tổ chức tối qua tại Trung tâm Hội chợ Triển lãm Việt Nam tiếp tục mang đến không khí náo nức sau đại lễ kỷ niệm 80 năm Cách mạng Tháng Tám và Quốc khánh 2/9.- Ủy ban châu Âu phê chuẩn Hiệp định Thương mại tự do giữa Liên minh châu Âu (EU) và khối MERCOSUR, gồm các nước Mỹ La-tinh.

VOV1 - Bộ Ngoại giao Trung Quốc hôm nay cho biết, lãnh đạo hai nước Trung Quốc và Triều Tiên sẽ tiến hành hội đàm, trao đổi sâu rộng về quan hệ song phương cũng như các vấn đề quốc tế cùng quan tâm.

- Doanh nhân Việt Nam - lực lượng tiên phong đưa đất nước bước vào giai đoạn phát triển đột phá.-Triển lãm thành tựu 80 năm ngành Xây dựng: Kiến tạo – kết nối – vươn mình.- Chuyên mục Kinh tế tư nhân- Động lực mới cho tăng trưởng: Nghị quyết 68-NQ/TW: Bệ phóng cho doanh nghiệp tư nhân chuyển đổi xanh và bền vững.

Sobrevivir en el Triángulo de las Bermudas es posible, ya que muchas personas han cruzado esta región sin ningún problema. El Triángulo de las Bermudas ha sido testigo de misteriosas desapariciones, pero es esencial recordar que millones de vuelos y viajes se producen en la zona sin ningún incidente. La región no es una designación geográfica oficial y no tiene propiedades mágicas o sobrenaturales. La mayoría de los incidentes registrados suelen atribuirse a factores naturales, como condiciones meteorológicas adversas, o a errores humanos. Por tanto, si viaja en avión o barco por el Triángulo de las Bermudas, las probabilidades de un viaje seguro son tan altas como en cualquier otra parte del mundo. Learn more about your ad choices. Visit megaphone.fm/adchoices

Cập nhật những thông tin hàng ngày tại Hàn Quốc từ chính trị, kinh tế, văn hóa, khoa học, tình hình quốc tế và các vấn đề liên quan đến Bắc Triều Tiên.

VOV1 - Tham gia trưng bày tại Triển lãm thành tựu Đất nước, diễn ra ở Trung tâm Hội chợ triển lãm quốc gia (xã Đông Anh, Hà Nội), tỉnh Phú Thọ mang đến các tiết mục trình diễn nghệ thuật đặc sắc, phản ánh nét đẹp văn hoá địa phương đến công chúng tham quan.

Basada en las últimas investigaciones históricas y archivos recientemente descubiertos, este documental recorre el camino de hombres y mujeres perseguidos por el Tercer Reich a causa de su orientación sexual. Reanudando el contexto social y político de la década de 1920, cuando la sociedad europea todavía “toleraba” la homosexualidad, se describen los mecanismos de represión del régimen nazi contra este grupo en particular y el horror de los campos de concentración contado por quienes lo experimentaron de primera mano. Gracias a testimonios sonoros y archivos visuales de víctimas provenientes de Alemania, Austria, Francia, Suiza, Polonia y los Países Bajos, esta película muestra el destino de estos homosexuales que tuvieron que usar el infame letrero del Triángulo Rosa en los campos y fueron sometidos a humillaciones, experimentos y maltratos crueles. Su historia llena el libro negro del sufrimiento entre las víctimas nazis y arroja luz sobre esta memoria silenciada durante demasiado tiempo.

Si on avait des doutes sur le sujet, nos banques investissent massivement dans les industries polluantes et surtout dans les énergies fossiles. C'est notre argent qu'elles utilisent pour financer ces projets. Son argent peut être utilisé de façon responsable et ainsi permettre de financer la transition écologique !Pour réduire l'empreinte écologique de votre argent, suivez le guide !

La idea de una ciudad oculta bajo el Triángulo de las Bermudas es más una leyenda o un mito que un hecho verificado. Aunque el Triángulo de las Bermudas se ha asociado a numerosas desapariciones misteriosas de barcos y aviones, no hay pruebas concretas que apoyen la existencia de una ciudad sumergida. El propio Triángulo de las Bermudas no está reconocido oficialmente como lugar geográfico, y muchos de sus supuestos misterios han sido desmentidos o explicados por fenómenos naturales. Aunque existen formaciones submarinas en la región, no se trata de una ciudad perdida, sino de estructuras geológicas. Learn more about your ad choices. Visit megaphone.fm/adchoices

Cập nhật những thông tin hàng ngày tại Hàn Quốc từ chính trị, kinh tế, văn hóa, khoa học, tình hình quốc tế và các vấn đề liên quan đến Bắc Triều Tiên.

Cập nhật những thông tin hàng ngày tại Hàn Quốc từ chính trị, kinh tế, văn hóa, khoa học, tình hình quốc tế và các vấn đề liên quan đến Bắc Triều Tiên.

This special episode was recorded in November 2024 during Monkey Week, an independent music festival held annually in Seville, Spain, and it features the Galician band Triángulo de Amor Bizarro. In this episode, Albina explored the songbook of one of the most irreverent bands in the Ibero-American scene on their 20th anniversary, tracing the music that inspired them. Their influences include the raw rock energy of Los Saicos, a legendary band from Peru, as well as groups much closer to home in Spain. Bands like Mercromina brought elements of indie pop and alternative rock, while Los Desechables embraced the rawness of subversive punk. Together, these sounds shape the unique identity of the band, formed by Isabel Cea (vocals and bass), Rodrigo Caamaño (vocals and guitar), and Rafael Mallo (drums). Triángulo de Amor Bizarro is also one of the confirmed bands for Live on KEXP in Bilbao, KEXP’s first trip to Spain this October. Discover the full lineup at KEXP.org/Bilbao Song book by Triángulo de Amor Bizarro· “El Libro de Oro de la Congelación” – Mercromina· “Demolición” – Los Saicos· “El Fin del Mundo” – Los Desechables· “Canción de la Fama” – Triángulo de Amor Bizarro· “O Salve Eris” – Triángulo de Amor Bizarro· “Barca Quemada” – Triángulo de Amor Bizarro Credits:Host & Producer: Albina CabreraProduction Assistant: Dev Vasquez GonzalezEditorial Editing: Dusty HenryEditorial Director: Larry Mizell Jr.Audio Mastering: Jackson LongOriginal Podcast Music: Roberto Carlos Lange (Helado Negro) Support El Sonido: kexp.org/el-sonido An original KEXP production. Este episodio especial fue grabado en noviembre de 2024 durante Monkey Week, un festival de música independiente que se celebra anualmente en Sevilla, España, y tiene como protagonista a la banda gallega Triángulo de Amor Bizarro. En este episodio, Albina exploró el cancionero de una de las bandas más irreverentes de la escena Iberoamericana en su 20 aniversario, rastreando la música que los inspiró. Sus influencias incluyen la energía cruda del rock de Los Saicos, una legendaria banda del Perú, así como grupos mucho más cercanos en España. Bandas como Mercromina aportaron elementos de indie pop y rock alternativo, mientras que Los Desechables abrazaron la crudeza del punk subversivo. En conjunto, estos sonidos moldean la identidad única de la banda conformada por Isabel Cea (voz y bajo), Rodrigo Caamaño (voz y guitarra) y Rafael Mallo (batería). Triángulo de Amor Bizarro es también una de las bandas confirmadas para Live on KEXP in Bilbao, el primer viaje de KEXP a España este octubre. Descubre el cartel completo en KEXP.org/Bilbao Cancionero curado por Triángulo de Amor Bizarro· “El Libro de Oro de la Congelación” – Mercromina· “Demolición” – Los Saicos· “El Fin del Mundo” – Los Desechables· “Canción de la Fama” – Triángulo de Amor Bizarro· “O Salve Eris” – Triángulo de Amor Bizarro· “Barcas Quemadas” – Triángulo de Amor Bizarro Una producción original de KEXP en español. Más info en kexp.org/el-sonido Créditos:Producción y conducción: Albina CabreraAsistencia de producción: Dev Vasquez GonzalezEdición editorial: Dusty HenryDirección editorial: Larry Mizell Jr.Mastering: Jackson LongMúsica original del podcast: Roberto Carlos Lange (Helado Negro) Apoya El Sonido: kexp.org/el-sonido Una producción original de KEXP. Donde la música importa.Support the show: http://kexp.org/elsonidoSee omnystudio.com/listener for privacy information.

Triúr a bheidh ag tabhairt fén gColáiste don gcéad uair tar éis torthaí na hArdteistiméarachta.

- Chiều ngày 31/8/2025, tại Thiên Tân, Trung Quốc, nhân dịp tham dự Hội nghị Thượng đỉnh Tổ chức Hợp tác Thượng Hải (SCO) 2025 với tư cách khách mời của nước chủ nhà và làm việc tại Trung Quốc, Thủ tướng Chính phủ Phạm Minh Chính đã có cuộc hội kiến với Tổng Bí thư, Chủ tịch nước Tập Cận Bình.- Cũng trong chiều ngày 31/8/2025, tại Nhà Quốc hội, Ủy viên Bộ Chính trị, Chủ tịch Quốc hội Trần Thanh Mẫn đã chủ trì Lễ đón trọng thể đồng chí Triệu Lạc Tế, Ủy viên Thường vụ Bộ Chính trị, Ủy viên trưởng Nhân đại toàn quốc Trung Quốc. Ngay sau lễ đón, Chủ tịch Quốc hội Trần Thanh Mẫn và Ủy viên trưởng Nhân đại toàn quốc Trung Quốc Triệu Lạc Tế đã tiến hành hội đàm.- Trong khuôn khổ chuyến thăm cấp Nhà nước tới Việt Nam, chiều ngày 31/8/2025, Bí thư thứ Nhất Ban Chấp hành Trung ương Đảng Cộng sản Cuba, Chủ tịch nước Cộng hòa Cuba Miguel Díaz-Canel Bermúdez và Phu nhân Lis Cuesta Peraza tham quan Bảo tàng Lịch sử Quân sự Việt Nam.- Thủ Đô Hà Nội rực rỡ trong không khí hào hùng và trang nghiêm, hướng tới kỷ niệm 80 Quốc Khánh 02/09.- Toàn bộ khu vực Đông Bắc Hàn Quốc bị hạn hán nghiêm trọng.- Singapore: Triển khai chương trình cai nghiện bắt buộc với người nghiện thuốc lá điện tử.

In this series, HRP's Brooke Casella is asking, what is PFAS? HRP's PFAS experts will each share their perspective on the question, answering not only, what is PFAS, but what does PFAS mean in the specific context and discipline where they operate.On the first episode, Tom Simmons, head of content for HRP Associates, and host of this podcast, share's his perspective. Listen to learn more and subscribe to The Pulse for all the details.

VOV1 - Sự xuất hiện của nhiều doanh nghiệp lớn, “có tên tuổi” trong ngành tại Triển lãm “Thành tựu đất nước: 80 năm hành trình Độc lập - Tự do - Hạnh phúc” đã đem đến niềm tin về khả năng hiện thực hoá các mục tiêu phát triển trong kỷ nguyên mới, vững vàng bước vào kỷ nguyên mạnh giàu, phát triển.

- Phát biểu tại Lễ khai mạc Triển lãm thành tựu đất nước “80 năm hành trình Độc lập - Tự do - Hạnh phúc”, Thủ tướng Phạm Minh Chính khẳng định, đây là sự kiện có ý nghĩa đặc biệt, tôn vinh chặng đường lịch sử vẻ vang, khẳng định tiềm lực và vị thế Việt Nam trên con đường đổi mới, hội nhập, phát triển.- Nhân kỷ niệm 80 năm thành lập Chính phủ, Thủ tướng Phạm Minh Chính có bài biết với tiêu đề: “Chính phủ dưới sự lãnh đạo của Đảng – 80 năm hành trình vì nước, vì dân”.- Chủ tịch Quốc hội Trần Thanh Mẫn đón và hội đàm với Chủ tịch Quốc hội New Zealand. Hai nhà lãnh đạo nhất trí tăng cường hợp tác trên tất cả các lĩnh vực, phấn đấu đưa kim ngạch thương mại song phương đạt 3 tỷ đô la Mỹ vào năm 2026.- Thủ tướng Pháp bác bỏ bầu cử sớm, lựa chọn bỏ phiếu tín nhiệm vào ngày 8/9, như phép thử sống còn cho chính phủ và tương lai chính trị Pháp.- Các nước đang gấp rút ứng phó với chính sách thuế mới của Mỹ bắt đầu từ ngày mai, đối với dịch vụ bưu chính, nhằm hạn chế tác động đến thương mại điện tử và chuỗi cung ứng toàn cầu.

Kể từ sau khi cuộc đàm phán giữa Tổng thống Mỹ Donald Trump và nhà lãnh đạo Triều Tiên Kim Jong Un sụp đổ ở Hà Nội vào năm 2019, Triều Tiên đã không ngừng theo đuổi các năng lực hạt nhân tầm xa, đẩy căng thẳng trên bán đảo Triều Tiên lên một tầm cao mới.Xem thêm.

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Title: When Real Estate Deals Go South: What to Do Next with Ted Patel Summary: In this podcast episode of “Decoding Cash Flow,” host Ted Patel interviews Seth Bradley, a securities attorney and real estate syndicator. They discuss the intricacies of raising capital for real estate investments and delve into the legal considerations that come into play, especially regarding compliance with SEC regulations. Seth shares his journey from a blue-collar background to becoming a successful attorney and real estate investor, providing a detailed account of his experiences in syndication and capital raising. The conversation covers topics such as the importance of being an active partner in syndications, the evolution of his investment strategy from small multifamily properties to larger syndications, and the rise of fund of funds models. Seth emphasizes the necessity for investors to understand legal documents and outlines key strategies for successful capital raising. This episode serves as a valuable resource for both passive and active investors looking to navigate the complex world of real estate investment. Links to listen and subscribe: https://www.buzzsprout.com/2104713/episodes/15911080-ep-153-leveraging-legal-expertise-for-investment-success-with-seth-bradley Links to watch and subscribe: https://www.youtube.com/watch?v=a4xTU9T6CVA&t=375s Bullet Point Highlights: Securities Compliance: Understanding the legal framework is crucial when raising capital to avoid issues with the SEC. Transitioning to Syndication: Seth discusses moving from small investments to syndication, emphasizing a progressive approach. Legal Documents: The importance of reviewing legal documents and understanding what to look for to avoid pitfalls. Network Importance: Leveraging existing networks can significantly boost initial capital raising efforts. Fund of Funds: Exploring how the fund of funds model offers a structured way to raise capital while adhering to regulations. Investor Communication: Maintaining regular communication with investors leads to referrals and sustained relationships. Future Trends: Insights into potential changes in the real estate syndication market depending on political climate and economic factors.   Transcript: you can certainly partner with other partners and buy a property together and raise Capital together and it's perfectly fine but as you know all you all need to be active partners and as you also know many times people put these things together not everybody's an active partner some people are just coming into the deal just to raise capital and then they don't have anything to do with the operations or the decision-making or anything like that and that's where you get yourself into trouble with the SEC and the state   commission are you looking to achieve massive success in your life without dealing with costly investment nightmares if yes then this is the podcast for you here we provide engineers and busy professionals all the secrets and strategies to create multiple streams of income build generational wealth and live a meaningful Life by Design here's your host Ted Patel welcome back to another episode of decoding cash fla podcast and today we have a very special guest Seth Bradley who is a Securities attorney and   a real estate syndicator he's a chief legal officer at tribe West and a managing partner at rise law and law Capital Partners uh Seth is also a host of passive income attorney podcast and uh today we'll like to you know get his perspective on as an attorney I would say uh on the ways different ways to raise capitals and you know what to look into or where to be careful why is why rais Capital Etc so we'll dive deep into those aspect as well as touch based upon uh the pros and cons of passive income   so uh Seth welcome to decoding cash flow it's a pleasure having you on the show Absolutely Ted really appreciate you having me on man looking forward to it all right great so said before we uh dive deep into your Niche uh can you give our listeners a little bit background about yourself what do you do and how did you get started in the real estate for sure man I I'll give you the expedited version but um you know I grew up in West Virginia grew up blue collar my dad was a coal miner he's a retired   coal miner my mom's a retired school teacher so you know I didn't come from a an entrepreneurship or a real estate background uh blue collar background and you know that kind of sent me into a path of you know full-time W2 and trying to figure out what the best job I can get because I didn't really think of you know entrepreneurship and owning assets and things like that were really an option um so I went into med school um hated it I went for about a year and a half uh dropped out on my own valtion um   ended up actually getting my MBA after that and then into law school where I really started to thrive I really liked law school a lot I liked you know I never wanted to litigate but I was always interested in business and transactions and real estate and those sorts of things so um getting that that legal background gave me kind of that really solid foundation to you know honestly at a young age getting myself into into doors uh where I probably didn't belong you know when you say you're an attorney you're a real estate   attorney or Securities attorney um you know when you're younger it's like oh really that's really cool um and you kind of you know eat your foot in the door so that's really how I got started um I worked in big law for about six six almost seven years um worked at most recently uh one of the top three law firms in the world um uh you know it it was a great experience gave me a really good background and foundation on Securities Law and kind of that that highest level of sophistication and transactions um and you know allowed me   to you know save a little bit of money and really kind of start going out on my own and start purchasing real estate and start investing in syndications passively and then actively um and then eventually start my own firm uh my own Boutique Securities Law Firm that's awesome I love it so you know a lot of people uh you know they they start their investment journey by maybe at at the initial level they buy a small multif family or do a Fix and Flip you know uh how how did you manage to get into syndication directly or what   what what was the path that you took you know what inspired you to get into syndication directly while being an attorney in sort of going through through the normal route of you know starting small and then getting into multi family syndication yeah well I'll tell you what Ted I actually took a I took the traditional route man I started you know like a lot of people do I started really small I started listening to Bigger Pockets right you listen to Bigger Pockets you started thinking oh I've got to uh own rental property so um   as soon as I got my first big Law Firm job I actually house hacked into a duplex lived in one half uh my wife was flexible enough with me to be able to do that so she didn't mind living in a duplex and living in one half renting the other half out and having them pay the mortgage and that was kind of the beginning and then I just started um like a lot of people uh you know doing fix and flips and doing fixing buy and holds and wholesaling a little bit here and there and then moving your way up to   uh you know small multif family and then as I got more sophisticated as an investor and more sophisticated as an attorney and started looking at the clients that I have because I'm working at Big law firms and you know these clients are the folks like like us now right like they're taking down you know $20 million properties hundred million funds things like that um and you just start thinking man I'm I'm not thinking big enough um I need to go bigger how do I do that um you know having that attorney background in real estate   Securities really helped me out um but I was still kind of you know a little bit hesitant I didn't really know that side of the business I knew the legal side I knew the closing side but I didn't know the business side um so I started investing passively first and that was after I spoke to some people and they said that's probably the best thing to do you know I had a good job so I I was able to afford it so I invested passively in some deals kind of got my feet wet that way started to understand   from you know the investor standpoint what that looked like to invest in a in a syndication or a fund and then at that point I realized hey I I can do this um so I actually started leveraging my Securities background um to partner with other operators um and get an equity position in the company um you know bringing in investors I'm doing the due diligence doing the uh some of the underwriting and and then also you know bringing my Securities uh Securities skills of the table which everybody needs when they're raising   capital okay all right that sounds great man so so you did take a traditional route as you mentioned right you yeah maybe maybe didn't uh you know stay in that U uh field for quite long time you just jump to syndication yeah pretty quick hacking yeah pretty quick yeah yeah I mean I built a small portfolio and like I said went into some smaller multifamilies maybe took about three or four years and I started investing passively and then you know by the time I started investing passively I was already looking to go to   the active side within you know a couple of months so are you an attorney do you still practice law I do um kind of as a you know it's not like a a full-time gig but I do have my own Boutique Law Firm raise law where you know I I you know if it's down the middle I'll take on the work um you know if it's a real estate syndication if it's a real estate fund or it's a fund of fund I put those together for people U you know I've been doing that for you know over a decade now so it's like breaking sticks at this   point but I've really been able to leverage my uh Securities attorney background to um some of these other positions with uh startups so startups are really exciting for me um you know they've those are home run swings right like real estate is kind of like singles like let's let's hit singles let's keep that batting average High um you know these are you know a little bit safer they're secure um when you get into the startup world it's like your chance of failure is pretty high whereas real estate your chance of failure is on the   low side um but with with startups it's pretty high but you know that that kind of appeases my risk appetite um to get involved with these startups and I've been able to to like I said leverage my security skills and my background as a a syndicator and a fund manager um to become Chief legal officer for trib bestest so trib bestest um traditionally was a group investing platform and uh you know I was speaking at a conference in the bvis with uh Travis Smith who is the CEO and we really just hit it off   and our wives hit it off and you know they were trying to Pivot from this group investing platform to um you know try to try to enter the Securities and the syndication market and I and they were looking at like a cgp model and I said look Travis this this is going to fun funds right like you know this was this was about a year and a half ago um some things were going on in background with the SEC uh doing some investigations and things like that for some well-known folks and you know the market was starting to to see hey we   need to we need to start paying more attention to these Securities regulations and maybe get away from the cgp model and the solution all along has always been fund of funds it's just fund of funds is expensive it's hard to put together it's you know all those different things um but what we've done to try best is be able to kind of package that into a fun fun in a box all right yeah we'll we'll speak um get more uh into that fun of fund models you know but before we dive deep into that I just wanted to che check few   things like you you mentioned uh startups so in addition to the real estate you also do raise capital for the startups is that so so I'm not raising capital for the startups I'm actually uh fractional clo for not only tribe vest but two other startups one called clavis which is also a real estate uh technology software platform um and then stack rck battery which is a battery manufacturing company so think um you know Tesla power wall it's similar to that it's actually a newer technology that we use a more powerful   technology um but it's very similar in nature where you pair that with solar so we're we're a solar manufacturing or a battery Manufacturing Company um and again these are you know these are I would call them somewhat mature startups in in that world I mean um you know we're well over a million and a half in revenue of a stack rack and um we just went live with a fully automated software with with clavis and then triest is of is is really headed towards series a right now so you know all three of them are progressing really   well um and looking forward to seeing how I can help help ignite that okay sounds good man all right so now moving on to this uh triest right tell me something about uh a little bit more about what do you do at Tri like you said you have a fund in the Box model yeah now uh so so any any group of investors they can come together create their own fund and they can invest in a operators fund is is that though how it works with triest yeah to a certain extent I mean I think it it helps to think about kind of   the history of group investing so traditionally tested what they called group investing it's more similar what you described let's say me you and three buddies put in 100,000 bucks and we've got 500,000 bucks now to get over maybe an investment minimum to invest in a syndication or a fund um and that's it so we just we leveraged each other's Capital to um you know get into a deal at maybe a a large minimum or maybe that uh you know we got a bet we got better financial terms because we put together   half a million instead of investing 50,000 bucks or something um the the ISS is there is is no one gets paid right like we're all just putting our money together investing together and it's really set up like a joint venture we all have equal voting rights based on how much money we put in um you know we we make decisions together we all decided to invest in that one deal and we could all decide together to invest in a different deal if we actually want to um but nobody's getting paid um because when you start getting paid now   you're talking about Securities laws when you start getting paid you should be licensed or find an exemption so um you know you need a broker's dealer license or be in raia under certain circumstances so that's where you start getting into that um a lot more complicated when that starts to happen and that's what tribe vest pivoted to last year is hey we still have the group investing option but a lot of times what happens is one of those people in the group is the one doing all the work right like one of the person is the one   that found tribe vest and is like hey I found this platform I'm gonna let's all put our money together and then you know he's the one collecting the money and badgering people to you know do the distributions and the taxes and all those sorts of things there's somebody putting in some time and effort for that and they at some point they're like hey if I do this next time like I want to get paid for it but how can I do that um you have to find the right uh Capital raising vehicle to be able to legally   pay yourself and we've created that with trivest and that kind of coincided with what I mentioned earlier which was kind of the industry pivot away from the cgp model um when I say CP model I mean I mean the abuse of the cgp model you can certainly partner with other partners and buy a property together and raise Capital together and it's perfectly fine but as you know all you all need to be active partners and as you also know many times people put these things together not everybody's an active   partner some people are just coming into the deal just to raise capital and then they don't have anything to do with the operations or the decision-making or anything like that and that's where you get yourself into trouble with the SEC and the state commissions and the solution to that is is well first of all just don't do it but the solution to it if you still want to raise capital is to create a fund of funds um but the problem with the fund of funds model is now these former cgps have all these new   responsibilities they have to find a Securities attorney they have to put together offering documents they have to find a CPA they have to start a business they have to get a business banking account they have to manage their investors they have to find a portal they have to do all the things that a a real active GP would normally have to do um but typically you know the the active partner is the one doing it for them now they have to do it all themselves so it's a lot more work so in short um it as you mentioned right cgps um they   need to be active in the syndication you know if you're Co GP and know any of the property you need to be active and I I also seen and you might have also seen uh there are certain projects where there are 10 or 15 different C GPS and only five or six takes responsibilities other are just you know raising fund for that uh particular property so this helps uh this model uh you know helps the inactive coach I would say Partners to get the fees that they need as well as raise Capital without getting into   Crosshair of s that's right that's right and the only reason that it's it's been going on for so long now and I'll say since like I'll say 2012 because that's when the jobs Act pass and you were starting to be able to advertise for um these syndication deals and things like that um is because real estate's been so fantastic right like it's been going up up up since the crash in 2008 um and nobody's nobody's suing anyone for the most part because their Investments are great right up until let's say that   little blip in 2020 from but then last year when the interest rates started going up some of these projects started to fail and that's when investors start getting angry because they're not getting you know their distributions and they start asking questions and that's when you're seeing people you know they're getting Capital calls and and they're starting to you know get sued by passive investors that's when these things start to fall apart because if if everybody's happy there's there's you know nobody's going   to get caught so to speak you know what I mean like nobody's going to find out that you raised Capital illegally unless somebody's upset and starting last year that's when people started getting upset and that's when you're starting to see some people um you know get exposed for raising capital in the wrong way what what are the fees that uh you can charge in this fund of fund model what kind of fees because as a cgp there are many different venues right you you can charge the finding fees operations   management fees uh at the end you can also take a part of the profit uh you know yeah so a lot of comes down to how you structure it right like these are these are very complicated Securities regulations that have a lot of layers on top of them because when you get into a fund of funds you're not just dealing with um what people are familiar with 506 C and 506b exemptions which are the 1930s acts you also get into the 1940s acts when you start dealing with fund of funds um and those are uh the invest the   investment advisor Act and the Investment Company act so there are lots of nuances to that and how you can get paid but if you're structured correctly you can get paid the same way so you can get paid an upfront fee you can get paid a um you know an ongoing annual fee percentage and you can get paid a profit split like basically all the same types of fees that you would collect as a cgp you can also collect as a fund manager but again there's a lot of nuances to that okay all right so um for for the new investors right   uh uh when when they start into this passive invest investment world you know uh they are you know they get a little intimidated by seeing all the different uh documents that the operator sends them uh the ppms and all the other legal documents right um and so based on your perspective like you know you're an attorney right so what what are the things that the investor needs to checking these legal documents to make sure there are no red flags or to be cautious of something what what are those things that you would like to   tell to our listeners for sure and it's tough right like these are not short documents I mean you know the the subscription booklet so to speak that includes let's say the subscription agreement the operating agreement and the the PPM it can be minimum 100 Pages it's probably going to be closer to 200 pages in totality and that's in intimidating I mean that's intimidating for myself who is an attorney let alone you know a passive investor that says hey I I thought I was just going to invest passively like this reading a   200-page legal document is not passive to me so you do need to be educated on kind of the things to look for and you know you should read the whole thing unfortunately I you should at least skim it over and the more you do it the more you'll get comfortable with it and the more when you see that see it the next time and the time after that you'll be able to get through it quicker and quicker because they all look you know they all have the the same basic parts but I you know I would say some things   to look for you know first of all make sure that everything matches so let's say the what call the offering memorandum or the pitch deck that the the marketing piece that the operator puts out you know they're going to have their projected returns their fees the proforma they're going to have some other information in there make sure that those numbers match the numbers in the PPM and the PPM is is a Disclosure document so it's a legal document but it's not it's not the final legal document the final document is going to   be the operating agreement so you really want to make sure that the the marketing piece or the pitch deck matches the PPM and the PPM matches what the operating agreement says and ultimately whatever the operating agreement says is what goes so if you take the time to read anything it should be the operating agreement even though that will probably be the hardest um hardest document to read because it will be completely in legal ease but that's the controlling document so if if the pitch deck says   something um and then the op agreement says another thing the operating agreement is what controls um so you know some big things to look out for are are voting rights you know typically as a passive investor you're not going to have a lot of voting rights but there should be some sort of a mechanism to remove the manager in very extreme circumstances so if there's you know some sort of gross negligence or fraud or misrepresentation or you know things like that then there should be a mechanism to um remove the manager and   that's usually done through some sort of a majority vote or super majority vote Plus you know proving that they did commit those actions um again it should be a pretty extreme case but there should be a mechanism there for that um obviously you know make sure that your Fe you know what the fees are going to be you need to know what fees you're paying you need to know um what that waterfall looks like meaning you need to know how you're going to get paid as the passive investor make sure you understand that and make sure it matches   your understanding and if you have questions about it make sure you ask the fund manager or ask the operator um to explain it to you in in um you know in non-legal e language so that you can understand it um and then on top of that you know another important thing that you're seeing nowadays is capital calls make sure you know what the capital call language is so if there's some sort of a a demand for Capital from the operator or from the fund manager what triggers that is it mandatory is it discretionary   um is it up to a vote it could be up to a vote um just make sure you know the mechanism for that and that you're comfortable with it yeah and if uh if your share gets diluted if you don't contribute to the capital call that's right that's right and it's perfectly fine to get diluted if you don't contribute I mean that's typical like if you don't contribute um you should get diluted right but what you need to look out for is if you get deluded Pro uh based on how much you didn't contribute which is fine um it's   typical but you'll see some uh penalty Provisions where you get diluted even more so than than prata and that's where it can be a problem um so just look out for those types of provisions and um in in these documents right the legal documents what if if you take fun of fund model if you take like separate 506b or C right what what are the extra documents in each of these sections that uh uh any any person who wants to start uh raising Capital uh needs to be aware of yeah so if you do a fund of fund you   you just have to think of it like it's your own syndication it's your own fund so you're going to have your own separate set of offering documents or subscription booklet whatever you want to call it so there's going to be two sets and looking at it from the passive investor standpoint if you're the passive investor that's going to be investing in the fun of fund there's going to be two of documents you're going to have to look at you're going to have to look at the fund of fund documents um which is going to have the   PPM the operating agreement and the subscription agreement and then you're also going to have to look at the offering documents for the um for the Target deal that the fun of fund is investing in so there's going to be two set so uh double the work um but you know there there are some benefits to that and obviously if you're investing in a fund of fund then you have a certain level of trust with that particular fund manager which is you know probably why you're investing with them anyways and sometimes you can get a   better deal I mean not all the time but every once in a while you can um so there you know you'll have to review two sets of offering documents but at the end of the day you know it's like I said you'll get better and better at as time goes by as a syndicator uh what what are the different uh assets that you are involved with I know multif family is there anything else that you do syndication for yeah I've done I've done a lot of different things um multif family I've done industrial I've done ret shopping   centers um RV parks um different funds right now um I'm actually doing a California U fund so accessory dwelling units so we're doing those in Riverside County it's a $20 million fund um and we're buying single family houses and turning it into a basically a three or four Plex um and sometimes you split the lot and you end up with six to eight units on that thing and they're incredible um it's it it's really the only thing you can get done here in California um with you know Little Resistance because everybody knows   California is the king of Regulation so but for some reason they think the adus are the the solution for the housing crisis out here so they let these things get permitted pretty quickly and it's an excellent opportunity it may be might be a short window but right now it's it's a fantastic uh fantastic asset right and uh so you only invest in California you're only focused or are you look at the other properties on out of state also oh I look out of state for sure this is actually the first thing   that I've done outside of you know a few single families and condos um in California generally I was I was one of those people that always said hey you can't really invest in California doesn't cash flow it never makees sense um I've actually came around quite a bit to that you know now that I'm I'm a more mature investor and you know you're in you're in New Jersey so you see like you know that big appreciation play as well um I just remember like bigger Pockets used to be they used to preach oh it's   all about cash flow right like you know all cash flow don't don't invest for appreciation but you need to invest for both I mean I think you need to invest for cash flow because you need to cover your bases I mean you don't want a negatively cash flowing asset that's for sure you don't want something that's going to cost you money but when you invest in places like New York and Coastal California and you know Beach areas things like that um City centers over the long run they're going to appreciate and they're going to   appreciate a lot I mean you might have you know more of a up and down um but at the end of the day it's going to be much higher whereas you know when you invest in which I do I invest in the midwest I invest in the South um those places a little bit more um you know subtle and they're going to increase in in price as well and in appreciation but it's just you know it's a lot more slow um and you might get a little bit more cash flow so you know I like to have a good mix but you know if if you're not strapped for   cash um and you're really trying to build long long-term wealth um that appreciation play is is really important absolutely I can't agree with you Mora because it's all about numbers right first of all yeah you don't don't have to have a negative cash as you mentioned uh the other thing is regardless of which state it is like California New Jersey New York uh of course you know there are some landlord friendly States some are not but as long as you know how to navigate those Waters you'll be fine for sure for sure and   then and you know obviously Force appreciation in everything I mean I don't buy anything that doesn't have some some upside from rolling up your sleeves for sure so um now you you are an ATT Securities attorney do you see in in in next few years do you see any uh any changes upcoming changes with regards to real estate indication like there are you know some more uh rules or you know coming in you know I I I don't want to get political but I I do think that politics have a a pretty big influence   on this um you know I I vote for policy um I don't vote for the the uh person I vote for the policy and I'm in business I'm in real estate so I like to vote for people that are going to be favorable for me so you know this recently proposed massive capital gains tax is absolutely insane to me so things like that really tough to tough to judge right but like you know if it let's say it does go towards um the Republican side let's just say that it it's known that there they want less government oversight um including the SEC um   because you've seen the SEC pick up in the last four years um with oversight you've seen it o you know increased um employees with the IRS things like that so that does influence things um especially with the SEC right because we're talking about syndications we're talking about funds it'll make people a little bit more uh trepid to do anything right um if if people if it's more of a free market and you know they're not too worried about the SEC you're going to see more business you're going to see   more funds you're going to see more syndications um you know looming is the capital gains thing that is huge that will that will be massive for the real estate market whichever way that goes now even if it even if it goes towards uh the left it's not to say that those laws are going to pass I mean that's that's going to be a really difficult thing to pass anyway ways but if it does that can that can dramatically influence it um and there are other things that are out of control as well I mean things   like um you know world wars like things like that you can't predict control you cannot predict those things so you really just you can't focus on politics you can't focus on things that are out of control you have to do what what you can do to to make yourself better and to better your business um but you know I I see the the Securities um the Securities industry um you know funds fun to funds raising capital for Real Estate those sorts of things I can only see it going up I mean there even even with some headwinds from   different things from different regulations or different things that are happening around the world um you know just there's a massive there's there there's a massive movement towards it so I think it'll continue to to go up over time okay all right so um before we get to the final round of questions I had one topic that I want to touch based upon you know you being a syndicator if you like to give a listeners a little bit uh overview on the strategies that you use to raise Capital sure sure man   um you know and I actually have a really good perspective working at tribe vest now because we deal with so many different uh Capital raisers and fund managers and Lead sponsors and we're getting to see who raises a lot of capital who doesn't who's able to perform who can't and you know you start to see the people that are successful and the people that are not and you know what we're trends that we're seeing are people that already have an existing Network are usually successful out of the gate right like if you're a doctor a   lawyer an engineer um maybe even a software engineer someone like that that already has a a wealthy Network those people are generally very successful at raising Capital because they have wealthy friends and it's easy for them to raise uh you know half a million bucks a million bucks out of the gate um that's number one but that only lasts for so long I mean number two once you kind of exhaust those resources you really need to focus on um referrals from those people that invested with you and hopefully you did a good job and you   keep your Communications up um which is really important too I should say that keeping those investor Communications are super important and hardly anybody does it you would you've got once they invest with you you got to fall up on regular basis that's right man provide the reports you wouldn't believe it I mean you would think that that that would be one of the easiest things but it's not because everybody has shiny object syndrome and as soon as you close a deal you're moving on to the next one   and you're not worried about those other investors well that's your best source of new investors are your current ones for referrals because if they give you a referral that's that's golden that's your easiest way um and then secondarily you're going to have to figure out a way to get in front of strangers and new investors so whatever that looks like if that looks like um going on other people's podcasts or starting your own podcast or speaking at events or um you know if you're a doctor start going to   conferences and just talking about um you know what you're investing in and what you're doing and the deals you're deals you're doing things like that you you've got to network you've got to get out there and you've got to figure out a way to get in front of of new people and and new potential investors any any specific uh um tools or you know softwares you recommend um you know me personally I I just use active campaign for my CRM um I've seen a bunch of people use different ones um go high level is great   as well because it's all in one so you can create your your emails your funnels CRM your courses if you have one you can manage a mastermind on there you can do it all on there um it doesn't do anything exceptional but it does everything pretty good so that's that's kind of the knock on it but yeah those are the two big ones that that I use same here I'm also good uh I'm I'm also into active campaign oh cool yep yeah yep that's a good tool yeah all right uh so uh Seth loving this conversation you know but uh I also need   to be mindful of your time so I would like to move on to the final round of questions uh is there anything else that you like to tell to a list us before we move to the final questions um I would just say you know I've seen this journey before I know a lot of your in your a lot of your listeners are passive investors and a lot of times when I give a keynote when I'm speaking it's a it's two passive investors so and I talk about the journey from passive investing to raising Capital um because that's kind   of the the natural progression it's like you invest passively for a while then your friends ask you about that deal and oh man where do you find these Investments blah blah blah and you know eventually you're like man maybe I can raise some Capital but you know doing that transition from passive investor to Capital razor um has never been easier right and especially with um you know I'm going to plug tribe here because it's a done for you product so when you have your five wealthy friends or your   10 wealthy friends that want to invest in a deal but you want to figure out how you can actually get paid for it legally triest does all the stuff that I was talking about doing before that's just a pain like getting your CPA getting a Securities attorney doing your offering documents starting a business we do all that for you we onboard your investors we do everything I mean it's it's a white glove service so you that didn't exist a few years ago um so it's it's easier than ever to make that transition   from passive investor to raising capital for somebody like you Ted that's awesome man uh you know it's always good to uh see like you know people simplifying the things less time less money less energy to put in and you get the same kind of returns and uh you know for sure yep uh let's move on to the final round of questions are you ready let's do it all right pretty easy ones okay so all right man I'll take your word for it better not stop me here so uh what are the main source of information main source of information   to learn and grow um you know I listen to a lot of podcasts I I do a lot of audio um if it's and especially like Audible for books and then podcast obviously for shorter content um and then if if I think it's a really good audible book then I'll actually buy the hard copy and and try to read it I won't say that I always get to it because I just don't have time but I like to listen to stuff while I'm working out and running and doing stuff like that um but mainly podcasts to just stay up up to date on   things and you know I've kind of actually gotten away from Real Estate specific podcast and more into like business things like um you know Alex horos and and those types of guys that talk about business generally I think it's a good flavor um to mix it up with awesome uh what is the one book that you'll recommend would had the most impact on your life or on your business yeah I mean you know it's Rich Dad Poor Dad I mean that's for sure I I'll say another one though because I would say everybody probably says that I   mean It Rich Dad Poor Dad definitely had the the most impact I mean it's I think it has that influence on a lot of people when they read that book they're like it's so simple but it just flips the light and it just changes the way that you look at kind of Life generally um but I would say this one it's a little flu flu but Miracle equation by Hal Hal Elrod um who did the miracle morning um this one came after that but it it's great because it's it just the the main line which is unwavering Faith plus   extraordinary effort equals Miracles I mean if you just kind of I use that as a mantra because it's like you know gets tough right like and you've got to be consistent and you've got to do it over and over again and when you're an entrepreneur or you're a business owner or even if you're an investor and you're trying to get out of your W2 you're 9 to5 like you don't know if it's going to have a happy ending so you have to have unwavering faith and if you do have that faith and you do keep putting in the   consistent effort it's going to work out in the end yeah absolutely I have read that book too it's one of my favorite also and all right so what is the one advice that you like to give to at least any business or investment advice yeah um pay for help pay for Speed um you know you can you can sit here and um figure it out yourself you can go to YouTube University you can go to chat GPT um you can listen to all the podcasts and read the books but nothing's going to accelerate your time like getting a coach or a mentor that's   already doing the things that you want to do um and don't be if you can't get them on board for free then pay them to do it um make sure you know what you're doing because a lot of people out there you know call themselves coaches and they're they're not they don't know what they're doing so be careful but if you find a good one don't be afraid to to pay money for that it it just blows my mind that you know people pay 40 50 $60,000 a year for a college education but then for you know a fourth of that   they could get direct Hands-On mentorship from somebody that's already doing exactly what they want to do and people don't want to do it it's you know they don't be afraid to pay for Speed don't be afraid to pay for help yeah just check out in detail what the coach has done for you know what exactly he's doing and what what he has done for different people yeah of course if it fits your yeah all right uh SE uh it was a pleasure talking to you and thanks a lot for all the details and information that   you provided to thanks Ted really appreciate it man oh before that I just missed one part how can decoding cash FL listeners get in touch with you for sure man I usually update my Links at Seth Paul bradley.com you can find all my social media links there and you can find links to tribe vest and and other things that I'm involved in if I'm raising capital for anything in particular but that's that's the best place to find all my links South paa bradley.com awesome man all right thanks a lot for   coming on the show my friend all right Ted appreciate it man thanks all right take it thanks for listening to decoding cash flow brought to you by Aster Capital if you found value in this episode then please share it with someone who you think could benefit from it and make sure to ask on what you've learned if you want Ted Patel to personally help you reach your goals then feel free to set up a one-on-one call with him also visit us at Aster capital.com for more free resources content of this podcast is for   informational purposes only as always please consult your own adviser before making any investment decisions or setting a course of action thanks again for joining us on this episode of decoding cash flow and we'll catch you in the next episode Links from the Show and Guest Info and Links: https://www.youtube.com/watch?v=a4xTU9T6CVA&t=375s https://www.linkedin.com/posts/astre-capital_astrecapital-podcast-finance-activity-7250610044331769857-4KgJ?utm_source=share&utm_medium=member_desktop&rcm=ACoAAFY-6nMBbbX5J6KeuEtIMcA9tcRG4F_1ItE https://www.instagram.com/p/DA_3q-BOWJm/ https://x.com/AstreCapital/status/1844844972295741635 https://fb.watch/zpTx6laLaU/ https://www.linkedin.com/company/astre-capital/ https://www.facebook.com/AstreCapital/ https://x.com/AstreCapital https://www.instagram.com/astrecapital/ 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

Title: Why Most Capital Raisers Will Get Sued in the Next Crash with Rob Beardsley and Craig McGrouther Summary: In this episode of “Fund Friday,” hosts discuss the innovative solutions offered by Tribe Vest, a pioneering fund-of-funds startup, which is poised to transform the landscape for emerging fund managers, investors, and capital raisers. Guests Travis Smith and Seth Bradley delve into their personal journeys and the genesis of Tribe Vest, highlighting the advantages of adopting a fund-of-funds model that enhances compliance and increases access for numerous accredited investors. They detail how Tribe Vest supports fund managers through its comprehensive services, allowing them to raise capital efficiently while ensuring legal and financial compliance.   The conversation unfolds various industry challenges faced by fund managers, such as the difficulties in connecting accredited investors with good deals and maintaining compliance in the ever-evolving regulatory environment. Smith and Bradley underscore the essence of Tribe Vest, focusing on its operational efficiency—providing essential support like K-1 tax distribution, capital-raising infrastructure, and investor onboarding—all streamlined with technology.   In conclusion, they not only spotlight the competitive pricing and quick service turnaround of Tribe Vest but also express their commitment to fostering a landscape that democratizes access to high-quality investing opportunities while empowering fund managers. Their vision seeks to break down barriers traditionally faced in private investment, paving the way for a more inclusive investment future. Links to Listen and Subscribe: https://podcasts.apple.com/us/podcast/fund-friday-e49-the-cost-effective-way-to-launch-a/id1511202840?i=1000673582673 https://open.spotify.com/episode/4tLAtXFe3OrqtCwyc7gfBE Links to Watch and Subscribe: https://www.youtube.com/watch?v=GVgT4GMrPPI&t=70s Bullet Point Highlights: Tribe Vest revolutionizes the fund-of-funds model for emerging fund managers. The connection of accredited investors to high-quality private investment opportunities is crucial yet challenging. Efficient operational support, including compliance and investor onboarding, sets Tribe Vest apart. The need for compliance amid industry scrutiny has shifted sentiment towards fund-of-funds for risk mitigation. Tribe Vest empowers fund managers by providing an institutional-level infrastructure for capital raises. Cost-effective solutions allow fund managers to focus on relationships rather than administrative burdens. Quick setup times (just five days) streamline the capital-raising process for fund managers. Transcript: welcome back to another episode of fund Friday this is going to be a very nutrient dense jam-packed episode with two amazing people we just had the pleasure of connecting with them once more at our Flagship uh summon event in New York City the gentleman behind tribe vest here a cuttingedge fun to fun group VC backed the whole nine this is going to be such an important episode for all you emerging fund managers you Capital raisers Maybe investors who kind of want to know behind the curtain what's going   on and also just from a structural perspective as to how we've been able to scale our business safely and compliantly but with that said let's give a warm introduction to Travis Smith and Seth Bradley how are you both today good craigg good to see you it's been just a few weeks since we were in New York together which was an awesome event glad to be here yeah well there's been a lot of great updates to the product that tribe is offering since our initial conversation we had so I would almost even argue um for the   better Awards you can maybe even scrap that episode for future purposes don't need to look back because we're going to cover that and then some here today so I'm absolutely elated and thrilled to talk about that so let's get right into it and just to start with for some some context because we're gonna just keep it moving forward here how did Seth and Travis and the team have tried best kind of Forge and kind of come together from you know this Alliance from a business perspective yeah tra you want to kick that off man   sure sure and look you can't scrap that first episode because I think it's the first episode yeah like we're in the record books at this time right yeah so yeah no look uh me finding Seth and Seth Finding Me is a big part of our story no doubt really uh in early 2023 we had built out the infrastructure and the technology uh we' even been challenged by our clients to build out the back office where we do all the distributions cap table management uh k1s taxes and um but I hadn't quite figured out the fun to fun portion of this yet   and uh good story you know met Seth Bradley at a a conference in the British Virgin Islands where we were both speaking at the event uh both of our wives were there and uh they hit it off we hit it off and just had a wonderful wonderful week and weekend and um and that was when Seth kind of really opened my eyes to um this opportunity Seth you know how how do you remember it where where you know how how did it go from there yeah well funny enough my my pitch or my speaking engagement was on fund of funds it was   it was teaching the group about fund of funds what is it how can you how can you go from basically a passive investor and and start a business raising capital and and fund of funds is kind of the the next step and at the same time the industry was was pivoting there was uh you know there were Winds of Change so to speak from the the cgp model and people were starting to really take the fun of funds model more seriously and take a deeper look at it and the timing just couldn't be better as Travis was   taking his company and and trying to make it pivot himself into the the syndicator and the fund and the capital raising market and you know originally there was a cgp type of model that was being uh thrown around and actually had a good bit of success Travis right going into uh earlier that year and you know I I we just got into some deeper discussions about where the market is and where it's going and the market was really going to fund to funds and I said' look Travis if you're going to if you're going to take this business to   the next level get ahead of the game like this is where it's going it's going to fun and fund is kind of getting away from the cgp model so if you're going to build a product around that market really should focus in on fun to funds yeah I mean and I'll just go as well just to to piggyback off that timing is so funny there because I think it was roughly around the summer of 2023 when fun to fun was the biggest buzzword in the industry what is a fun of fund how does it work why is this the most compliant way do I need to do it what is   it how does it structure everything included there so we're going to unpack that all there but it sounds like Travis you might have had an additional comment well I was say it really it truly was right place right time for Seth and I to meet you think about leading up to that it was the becc 2023 and there just all these Rumblings with some some bigger names in our industry that were under an investigation for the CP model and that was really how the industry was working with capital Partners at the time and uh   collectively realized that there's got to be a more compliant better way and there I was with a two-thirds of the solution talking to Seth who rep represented the the last third of the solution so really was right place right time and and uh you know we're we're we're so glad to be partnered together and and solving a big problem Big Challenge yeah well and let's get right into that problem so the the problem of the industry so how can someone like loans start Capital safely compliantly bring dollars into our deals from   outside investors fund managers capital allocators and opportunity so what is the industry problem and what are you guys both solving Seth I I'll hand it over to you I think from a big industry problem I mean there's just the age-old you know you have awesome lead sponsors that are working hard finding great deals private deals out there like Lone Star and and then on the other side there's over 20 million accredited investors that want the benefits of private investing they want the the benefits that come with real estate they   want cash flow they want tax advantages uh you know they they want the appreciation all those things that are Why Real Estate so awesome they want to invest with these lead sponsors in these deals but as as we know unless you're kind of in a country club or in the network it's really hard to access those so that's the big problem the big problem is we have great lead sponsors with great deals and then on the other side we have have awesome accredited uh investors looking for those deals meanwhile they can't find each other and   uh they don't know how to access them and so the the industry as a whole you know a big conduit to solving that is this Capital Partner right the fund manager and Seth I'll turn it over to you kind of again maybe start with how the industry was solving it and what the problem was with that right yeah I mean I think you framed it correctly it's it's access we know these these accredited investors are out there there's Millions U maybe tens of millions out there in the United States that um maybe they know it maybe they   don't but they they might want to invest um they need educated they need access to Deals and on the other side you've got uh lead sponsors you've got fund managers you've got Capital aggregators who want to get access to these folks and we work on that in our business every single day about how do we reach these accredited investors um and then we all have our own little networks of people that we can raise capital from and that we know and that they no like and trust us to be able to place their   Capital with us um you know since the jobs act in 2012 which is um what enabled us to start going out and soliciting and advertising um in the public uh for deals and raising capital in that manner and the the problem is that everything's been great since then up until covid right the real estate market has just been going absolutely through the roof so anybody that decided to jump into the the sector during that time had success I mean you could just you know throw paint in a wall and you're G to have success because the   market just really helped us out a lot like you had to make a lot of mistakes operationally um for things to go wrong right I mean you really did you really did um not to not not Lone Star Lone Star is awesome right you're you're absolutely right no you you you hit the hammer on the nail there for sure yeah and it's uh you know until covid hit and we got that little blip and that was just kind of a you know something that you know came and went um but now you've seen in the last year and a half or so   the market has slowed down um you've seen Capital calls you've seen um you know some SEC um interactions with folks and trying to see if Capital was raised correctly things like that um kind of looking into how the market evolved the market evolved beginning with a cgp model um you know initially the C GP model was thought to be compliant and if it executed properly it is compliant if you have all people in a group that are raising capital for their own deal they're all active participants they're   all General Partners they're all executing the business plan and participating in decision-making all good that's an age-old uh way to do business and it's been done for all the time right like you've got Capital you've got people actively participating and all is good but just like anything else you know us entrepreneurs we like to go around the edges and try to pick and choose like oh well can we do this or can we do this let's push the limits and unfortunately the market kind of changed into this this um this thing   where we push the limits too far and we've had 10 15 20 CPS in an active deal where you know really all they're doing is Raising Capital right like we might try to say on paper that this person's doing that and this person's doing investor relations and this person's doing a little bit of underwriting which all may be true true but at the end of the day if the SEC comes in and says let's take a look at your whole business plan plan with this particular asset in this particular offering and see how you   raise capital and who's doing what and they're going to look under the hood and they're going to be able to figure it out they're they're smart people back there they can figure out what you're doing they can figure out that hey this person raised uh $200,000 and got 2% and this person raised $600,000 and got 6% it's pretty easy to put those pieces together um but like I had mentioned before the market you know kind of went our Direction and there were really happy investors nobody was upset nobody   was suing nobody was asking questions and now since the market has changed you've seen the capital calls you've seen the foreclosures you've seen the investors upset um and now that's what Travis was alluding to earlier is there were certain folks in the industry that were um you know getting interviewed by the SEC I don't think anything ever came of it but it was enough for people to be like look we've still got to raise Capital we've still got to do these deals somehow what other way is there to   do it that's more compliant than this cgp model that the industry has turned to and the answer is fun to funds and it's always been fun to funds you know there's people out there that have preached that for years but it's just a little bit you know more nuanced a little bit more complicated a little bit more expensive so people have stayed away from it yeah so exactly and and thank you so much for painting such a Picasso beautiful picture here pertaining to the why before and why now and kind of the context there because I   think so many people are missing that why y component so you beautifully explained that so but then why is the fun of fund the route to do it in because it's pretty similar right and fun of funds to your point have actually been around for really not going to say forever but for a long period of time so just curious to know you know why fun of fun is this the solution from a client's perspective and and things of that nature yeah and we can and Travis jump in here whenever you want but we can kind of go through um with each   stakeholder why why it's compliant why they love funded funds maybe why they don't you know let's talk about the pluses and the minuses um I think we can start with the lead sponsor I mean for the lead sponsor um to me there's there's really no downside and I'd love for somebody to may maybe making a counterargument to that but to me there there's no downside for the lead sponsor themselves right the people that are actually operating buying executing the business plan by them creating a level of Separation through the fund to funds   model and not uh inviting other folks into their deal to raise Capital they're creating they're creating uh risk mitigation and dissipating liability for themselves right and they don't have to worry about bringing people into their business because it's a totally separate offering that the fund manager is going to be putting out there separate from the actual lead sponsors right and and uh another reason why the lead sponsors love it other than it's compliant creates that separation is it's way more uh efficient   way more efficient when you're working with a capital partner and they're the ones that are pulling the fund to fund they might be bringing in five 10 15 20 investors into their fund to fund well uh they can coordinate that from a sales perspective and then also on the ongoing Administration right it's one line on their uh on their cap table right so instead of getting 15 smaller checks you're getting you're getting one big check and it's just way more efficient and way more safer is is Seth said too yeah and your your listeners   are are very educated but just in case there a few out there that are wondering I mean the the fund of fund itself is just an LLC it's just a a group of investors it's a you know somebody managing that which is the fund manager and that LLC or that partnership however you want to structure it legally is actually just a passive investor for the lead sponsor it's just going to be a big aggregated passive investor for the lead sponsor so I just wanted to clarify that yeah and then let's talk about from so   and there's also been some Evolution I hit on that word to start the conversation but before we were partnering or triest was partnering with this a couple handful of lead sponsors but there's been some Evolution so can we talk about how you guys have maybe handpicked and cherry-picked some of the top you know first and- class sponsors and how it worked kind of before and now the new product lines rolling out and how you know why fund managers are loving it and should even love it more moving forward absolutely yeah great great   question and great points here so you know as you mentioned Craig when we were initially rolling this out uh it made sense for us to to cherry pick and go work with uh the lead sponsors with the best track record the best reputation and we're proud to say that you know Lone Star is one of our earliest lead sponsor partners and um and then since then uh really we had almost a requirement where you had to go through one of our our lead sponsor partners and there's good reason for it we'll we'll come back to   that in a second but since if you're lead sponsor and looking to do this on different deals I'm sorry if you're a fund manager and looking to do a fun to fun on different deals working with different lead sponsors you can absolutely work with tribe best so and you think about the benefits of that right what you're what you're able to do is you can control your own brand right you you get to build your own um your your company you're building a business one deal at a time and from your Investor's perspective instead of them   going to one investor portal and then you know going to another deal that has another investor uh portal they can actually all come to one portal uh as you're using tribe vest so um I want to again just point out that fund managers can now uh absolutely work directly with us they don't need a lead sponsor now I will tell you this think about the benefits though you do get when we are partnered with the lead sponsor and lonar is a perfect example of that right lonar has done the work to say look if   you're a capital raiser you get these marketing resources right you get we we'll we'll put together a you know a deck that you can configure um we've thought through all the economic for you so if you're wondering how to communicate the terms and the returns you know lone Stars gone as far as adding it to their their underwriting spreadsheet so you can play with the numbers calculate it and that's a huge deal right and so all these things that a a lead sponsor partner of ours like lonar does just makes it so so much more   seamless when we do engage with the funder manager right we don't have to go back and kind of figure out well what are the economics and and how are you you know doing uh you know commitments from your investors all those types of things so fund manager can absolutely come and work directly with us it's still way more smooth because we already have the offering docks ready we already have the calculator ready we already have marketing materials right all those things are reasons why by working with   one of our lead sponsor Partners just makes the experience that much better for you and your investors yeah and just a little back and for a lot of people who may not be privy to this but if you are a capital allocator specifically that we're talking about in this situation who is looking to work with the loans or capital or a group similar to us your other sponsors there's just some groups that are just not really built or have the infrastructure in place to really streamline the funto fund process I.E and the underwriting   model IE it already been kind of baked in there we've done this before some groups are kind of in Old way of doing things maybe they only do a couple deals a year that's totally fine I'm not saying that's a bad thing but they might have to create a funto fund breakdown economics setup for the double waterfall there where everyone gets paid out the investors get their returns that should be you know similar to what our investors get and then the fund manager needs to figure out his compensation for   his basically part in the opportunity so we have that baked in and we've done this now enough times to know how this is going to look and actually as a matter of fact to go through that process even one step further before we even go to public or live with the opportunity to even start the capital raising those numbers are ironed out those numbers are in place you know what's going on it's not a scramble drill amongst everything else to get your partners going so on and so forth when you do partner and work with us   which is a key benefit to do and solve for one of the most important uh places in the capital raising you know equation which is speed and time so we kind of shrink that time Gap versus other groups when do that or the other people that you work with which is highly crucial there are a lot more groups now that are tailored to the fund of fund but not every group is um so that's the exciting thing and then going back to now being partnered with a fund manager at at the fund manager level as much that's   amazing for a multitude of things number one if you're a capital allocator fund manager we don't see who your investors are because as Travis alluded to it's one check going into our opportunity so you get the shield and Sheltering in that perspective in that equation there so that's number one number two is we're not going to create the other big problem in the business I would say which is Portal fatigue so it's not a big issue it's not the endl be all but you know if you're let's say a alt uh a   big alternative investor guy right guy or gal person what's GNA end up happening let's say if you've got five to 10 sponsors you're probably going to have you know a bunch of different portals to go into but if you work with a couple of capital raisers who only use triest as your back office well that's immensely beneficial because you can just keep your accounts there so I just want to really highlight those two things and if you want to expand on that further please feel free to do so yeah I mean I'll jump in for sure I   mean you know I've got to mention again compliance right like think about you know the fun to fun model where the fund manager is going to create their own business they're going to create their own entity that they're going to manage um that going to administrate and they're going to operate so by doing so yes there are more responsibilities you are running your own business you are taking accountability for you and your investors and your business but uh on the flip side of that is hey the old CP   model you're getting into bed with all these other CPS that you don't even know I mean you may they may be an acquaintance off of social media or you might not even know who they are at all let alone the lead sponsor so if one of those folks does something wrong you guys are all in the same boat like you're not just taking care of yourself but you've got to worry about all the other people that you're in business with and if they do something wrong they're going to put your investment and your past investors um in a bad   situation and let's get to the next idea which is some of the problems that some people have experienced with a fun of fund that I think you guys are really really Cutting Edge on to solve for them so let's just talk about maybe a couple of the problems which I think is you know the expense I think there's a lot of misnomers about how expensive it can be um and also what you kind of solve for it how you bundle and Pat package it together because if you're the typical person that's going to be very expensive   but that's why we love you guys uh the administration burden and then also time so let's T let's just kind of break down those problems there how you see fit accordingly and uh we'll let you take it away again SE I'll let you jump in because you were saying you were just at a conference in uh think that uh maybe rais Masters conference in in San Diego and you the conversations you were having with fund managers once they kind of fully understood what we did and how we did it it really kind of uh popped   for them so anyway I thought since that was fresh i' I'd ask you to to talk about it yeah I think people that have any kind of experience uh raising Capital under when they hear about all the things that we do and for the amount of money that we do it for they are absolutely blown away I think the problem that comes up is that it's a misunderstanding of what we do and what we are so a lot of folks that don't understand will put us in a category of just being an investor portal they'll be like hey triest is like cash flow portal   or like syndication Pro or invest next or one of those and they just kind of lump Us in with them and we're like that's the smallest thing that we do the smallest thing that we do is the investor portal that's that's one of the services that we provide but we provide everything Soup To Nuts I mean from start to finish I mean it includes everything that you could possibly imagine I mean from getting your EI and letter to setting up your LLC to opening your business banking account to doing your legal documents and setting those   up for signatures for your investors and actually onboarding your investors or hurting the cats I was going to say you actually get a account manager to help you on board your investors professionally and uh yeah you mentioned hurting cats that's maybe one of the things that we're the best in the world at is helping hurt cats yeah I think that's something definitely gets so much fun Craig knows about it all too well yeah lot a lot of work lot of uh reaching out to investors lot of questions on hey where how how do we   fill out these form fields on these subscription documents right like where do we sign how do we fill this out what does this mean those things those they they take time they take effort um it's an administrative burden for you and your company and we take that off your hands and then we also Badger the passive investors till they actually send the wire right like a lot of times they get cold feet and you know we prompt them to to send the wire and actually finish their investment all the things that investor relations manager   might do we handle that now there's there's some teamwork involved as well because they're your passive investors but um you know we do the heavy lifting on on that side and then even on the back end we are managing your cap table so we're setting that up for you on our dashboard and actually making distributions to your passive investors now you can log on to your dashboard if you want to and send them out manually when you want how you want and what amounts but if you want us to just take those over pursuant to the terms of your   offering documents we'll handle that as well it's amazing and and the and the taxes yeah I think Craig tax can't forget the taxes yeah the taxes k1s again one K1 comes in from Lone Star uh we we of course at our core the banking and the cap table so we have the ownership percentage makes it easy for us to and our CPAs to create that K1 for each one of the members we distribute it they find it right in their uh document Management on their dashboard and uh literally two days after After we receive the K1 your   investors have the K1 so think about that and I know everybody's going through tax season here yesterday was kind of a a big day uh but it it's um it's a it's amazing that it really speaks to the technology that we have that we can receive the K1 on behalf of the the deal and then create those k1s in two days and distribute them to to the members I was just going to make one last Point Craig you know I think if you think about what we do if you think about an Institutional level group or fund so I think the way   fund managers can think about what we do is we really bring this institutional level uh setup legal Administration so think about a family office all the organization all the administration everything they need to have in place to operate well we bring that down to the individual level so you can have that institutional level Administration and setup as a you know a oneman business and therefore you can you can really build a business and a brand here's the thing one deal at a time you don't have   to go invest tens of hundreds of thousands of dollars you can do this one deal at a time because try best is in the business of of helping you uh launch a capital raising business efficiently amazing so let's get into the next two components which is expense and time so let's talk about time and then we'll bring it home for the the of course the the elephant in the room which is what is this going to cost me so let's get into the time factor and how long it takes to set everything up from Soup To Nuts from Hey I want to   work with the deal to you know funding and things of that nature Seth you want yeah yeah I'll jump in um timing wise you know we are industry leading in that in that as soon as you give us the basic information that you that we need for your fund of fund so you know just simple stuff like what do you want to call your LLC what do you want your preferred return to be what do you want your profit split to be those those things that you're going to make some decisions on as soon as you get those items to us which is in a simple   form that we provide that you fill out and we walk you through that as well we can have your business banking account and your LLC set up in two days and we'll have you ready to raise Capital meaning we're going to have your legal setup we're gonna have your business bank account open all those things done within five business days so that's why you know it's we should emphasize what Travis said there that it's a deal based decision I mean you can come to us with a deal that's already that's already   under contract that that maybe the lead sponsor is already raising for and say hey look I want to raise for this deal but I've only got a few weeks to go that that's plenty of time for us to to jump into action so it's really tough to do that with let's say you know if you came to me and I have my security attorney hat on i' would be like there's there's no way we we've got to get this going weeks before that like you've got to give us some setup time um with triest we've we've got it streamlined   and efficient to the point where five business days you're raising Capital that's incredible and that's just really a big X Factor that should make everyone feel comfortable with the process because you know there's situations just like go out a sponsor level here where hey a capital raiser might have not been able to get an allocation to deal because of the commitments were there and guess what someone Falls up short well now as you know as a sponsor whatever dollar is not coming in you got to make up for that so it's kind of a a   moving moving Target a kind of moving goal post in many respects so it's very nice that five days you're in you're out you're ready to go to the next that is awesome and then the next thought I have there is a capital allocator maybe you were late you're on vacation and there's this great deal that maybe your inbox is flooded and then one they you know peaked your interest and you could get the space into it well hey the deal could be live but you could have a five-day window to get your turntable   going to raise Capital safely and compliantly um in within this structure and infrastructure yeah great great points again I'll just come back to the benefits of working with some of our our lead sponsor partners like Lone Star so you heard Seth say hey as soon as you have all these things in order and you push the tri the tribit button we spring into action and you're ready to go right well you do need to have certain things figured out before you hit that tribit button and again the nice thing of   working with a a group like lonar amongst many other reasons is they have really ironed out the program the fun to fun program so if you're coming through them you already have those things figured out you hand them we get handed off or you get handed off to us and we're you're pushing that button and in five days you're ready to do onboard investors it's incredible that's amazing now the final thing what people have been waiting for what does this cost cuz you have to think for the amazing benefits   and the amazing opportunity you get to raise in this time and environment this has to cost a fortune maybe there's a massive upfront cost you know I'm not going to get into names but some groups charge an arm and a leg to get things set up if you want to do the more Boutique bespoke route where you're doing everything yourself without a name brand in a sense of the the setup you've got to go through the painstaking process of finding a Seth and a Travis and a this and a that to get all your documents ready to go however it's   pretty cost efficient and effective here so let's get into that I'll let Travis speak to our pricing at trivest but I do want to frame it with this when I worked in big law and you know massive Law Firm thousands of attorneys you would come to our law firm and want to put a fund of fund together or you know maybe even a more sophisticated fund but our prices started at $75,000 I think a lot of people out there in the industry are used to seeing kind of oh yeah maybe it costs like $115,000 maybe it cost $12,000 $225,000   on the top end when you get into the big leagues $75,000 to start and that's just your first drafts of your offering documents and then maybe one round of revisions and then we start charging you $1,000 doll plus an hour um to get across the finish line and that is just the legal by itself and guess what you may get there and then some could change a Nuance could happen and guess what you got to start it all over again and make further res revisions and have more billable hours to your incredible   attorney like s uh these people make a lot of money okay so this is a incredible opportunity to be in a very nice spot here where it might be cheaper and to your point there about that dollar fee I'm hearing 25 Grand from certain Services I'm hearing 75k 50k to make it do it yourself and for some people that's great that's fine that fits into their budget but for I would say the most people that are doing this that probably makes it to a point where you're paying to raise capital and that's what we're looking to avoid and   solve with try this so with that said Travis lead us away absolutely no what a great discussion and I teased Seth all all the time about his his industry it is it is it's the establishment right so we're disrupting The Establishment no doubt about it and uh so we just talked about what it would cost kind of going the more traditional routes well we're able to do everything that we just shared with you the setup the legal offering do uh the banking the uh helping of the onboarding setting up the cap table you   know doing the servicing of the filing for you all that for $5,000 so literally say that one more time please $5,000 yes only $5,000 and here's the other thing right when we talk about having the economics of the fun to fund set up and again getting back to the benefits of working with loone star is they've they've figured out the terms and uh even added in all the expenses of tribe vest right so that $5,000 is actually included in those in the economics so it's you don't have to kind of add on additional uh cost it's all in   there right and and you can do that with tri best because it's contained there's there's no creep of cost right and and I think it's also important to call out how we're able to do this is we have made a very firm box of what we're doing of course we've we've tailored it to these deals like to these deals so everything's in there that you need including the compliance includ you know everything we just talked about um but that's how we're able to do that this at scale and TurnKey and done for for you   so it's $5,000 to set up now we could also talk about what's it cost to administer this over five five years six years right most of these business plans are five years before they're exiting you know working with an administrator an Administration uh you know administrator you're talking about $155,000 a year well with tri best it's $2,000 a year remember we're doing all your uh distributions for you your cap table management that includes your k1s your taxes so you know anybody that's done this before they're like   it's more than $2,000 just to do the taxes every year right never mind you get the portal your investors have a a dashboard to see all their Investments and and set up their payout accounts and they get to see when their distributions are how many distributions they've had that's all there and and the distribution so anyway it's you know I think about we we mentioned right right place right time Craig and we've talked about all those things that kind of lined up for us but the industry has been trying to   figure this out and we just like to think that we're a small part of it we're that technology that kind of was the major unlock that kind of opened up the floodgates if you will and um and now our job is to go out there and tell people that this exists like this tool in technology is available for you and you should build a business on it yeah I want to make some other kind of comments and points there so you hear right there so just to summarize that it's $5,000 takes five days and it's you know   roughly $2,000 maybe a little bit more depending on the number of investors you have in the opportunity but all that's fine and dandy but if the product wasn't good that is where the problem is and it's sucks and I mean it sucks to spend money for something to not work well and people's experience that we've worked with have really liked the infrastructure of the product what it solves for because I think I'm someone personally that I am not afraid to spend a dollar I'm very good at spending money   but I like to spend money in areas where it's actually worth the money and I've had very good reviews here from people who have of course used the product so I just want to share that right there and that's kind of been some of the burden with some of the other products out there as well you spend a lot of money for the technology to not be great I mean Travis has a background with tech so inherently having that there to have the infrastructure be supported by a good product is the difference between   coming back and not coming back so I just want to tip the cap there to make it not only a good product but also have people come back to it but um it being cost efficient and effective as well and then the other time factor that I want to speak on is more from a sales perspective being someone that's been in sales by basically my entire career since I was 21 um almost a decade of sales in real estate specifically the last thing that I want to worry about and think about and do is uh had there be a burden of having you know to go   through Administration stuff talking to an attorney doing this doing that doing everything that's not shaking hands and legitimately moving the conversation forward and funding dollars into the account and what tribe best solves for is a cost- effective route with good technology and done quickly where you don't have to think about any admin stuff I want to connect with people I want to talk with people I want to grow the relationships and raise the capital I do not want to deal with in the your   view and the peripheral stuff and I'm sure you guys can appreciate that sentiment and also I've had people say similar things as well it means a ton to hear you say that of course that's we're building our business on fund managers coming back and building their business on our platform so um you know it's funny as as the founder and you know always improving and growing uh the the the the business and our solution We're Never Satisfied and um we always think we're disappointing in terms of the experience   or and we can be doing this better and we can right and we will but when we get feedback and we we do net promoter scores and get the feedback back from the fund managers and we get you know seven plus you know would you recommend this to friends and family and would you come back and that's just a super high rating if anybody's familiar with it and um and we're we're we're proud of that but we are just getting started I mean we are just getting started so I think we nailed the fact that we bring a ton   of value you know you're getting a good value uh but now we're going to really wow you and your investors that's our goal and uh we're going to keep pushing yeah so let's talk into maybe just the mission as the why you know why you guys are so passionate about this and want to create this product because you both are really smart guys you're very successful prior to this endeavor and Venture so you know why is this your mission and in your day to-day right now because you have the option of working so and doing   really what you want to do so let's talk about that maybe man that's Travis that's you again buddy you're the you're the big picture guy bring it oh man no look I think Seth and I this is personal for both of us right um my brothers and I wanted to get into real estate we didn't come from a real estate family you didn't get it you know that education in in school and we did what you know we've been doing since the beginning which is you know you come together with your tribe when you need to figure something out and that's what   we did and we we we started a a a tribe pulled our capital and started investing together and it changed our lives and it changed the trajectory of our of our family's Financial lives and um and that's why we're doing it um you know by doing this the fund managers right they're they're the they're the heroes in this movie the fund managers are the heroes in this movie that's how millions of investors are going to get access to these deals like the wealthy right we all know why we love real estate it it's   it appreciates it cash flow there's tax advantages you you name it there's a reason why the wealthy invest in these private deals these private real estate deals well most people don't have access to it the conduit to getting into those deals are you are the fund managers are those Capital raisers we're just happy that we're providing a tool for them that makes it easy that makes it easy but as you can tell we're passionate about it Seth I mean he he was a capital Riser right Seth's done a lot he's an   entrepreneur but he knows how hard it is to be a capital Riser and uh maybe you could talk a little bit about what what's motivating you s yeah I mean just quickly you know I took the the Bigger Pockets route so to speak you know read Rich Dad Poor Dad startlist to the Bigger Pockets podcast did a house hacked into a duplex and then started buying single family properties fixing flips and then started investing you're a grinder grinder just level by level by level right um started investing passively in deals when I   became a little bit more sophisticated um and then I was like okay now what now I want to be on the active side and at that point I really wanted to switch over to not practicing law whatsoever I was like screw this I'm leaving Big law I'm not doing this anymore I'm only going to invest in real estate um but then kind of along the the Journey of becoming an active investor and a syndicator and capital Riser I realized that my highest and best use is actually still as a Securities attorney and I'm   pretty good at it so I've kind of integrated that into my real estate business and and use that to um uh join join triest which is at the Forefront of I think perfect timing in this industry right like real estate and legal are two industries that just move extremely slow they're dinosaurs they don't want change and they're resistant to any kind of change right so we've got to as entrepreneurs even if we're fund managers or passive investors that are looking to um diversify our assets or lead sponsors we're the ones that have   to propel this forward and say hey we've got technology now behind us we've got all these different tools and ways to do things we need to take advantage of that and at Tri bestest we're building that so like what we are today is going to be completely different than what we are in q1 2025 and Beyond we are we are constantly building taking in feedback from all of our stakeholders and and and looking to take over the market I love it well then let's just real quickly go back into this we've kind of touched on   it but maybe just more specifically how you do work with everyone from lead sponsors fund managers and I know you're obviously always going to conferences and masterminds you're very accessible in many respects but let's just get into you know how you work with everyone once more just to maybe spoon feed everyone a little bit more information yeah absolutely so the lead sponsor uh we help them form their funto fun program right and that's a huge Advantage for them uh that they can offer a turnkey   funto fund program to their Capital Partners their their Capital raisers their fund managers and we'll we'll actually sit down and talk about all the things that you need to do for that to be successful you know how are you going to work with the fund manager um economics we talked about that you got to build in the fun to fun economics into your underwriting you know uh how are you how are you going to give them access to the marketing tools those types of things and really the the blueprint is is um you know is Lone Star   so lone Stars uh leading the way as they do in most things out there and have built just an awesome fun to fun program and that's why so many fun to fun managers are working with them but um you know that's how we work with the the uh the lead sponsors and we talked about all the benefits of that cool and then go ahead Seth on the are any questions there Craig no I think that that was really well said um kind of building out the blueprint that many people don't have and just how it works and pertains   to us if you are a capital allocator you kind of have understanding of the deal functions and then there's a additional level there of of underwriting materials so you can raise Capital so you understand the ever important what's in it for me conversation you can assess your opportunity cost between us and other sponsor if you're looking at other deals and whatnot I'll tell you this right now I'll say it again and again again we under promise and overd deliver that's kind of the the Mantra that we   try to have here like everything we're probably never going to show you the highest Returns on projections um we like to beat our deals up as much as possible prior to going live because it doesn't serve us nor you the investors to see what the best case scenario is um we try to make it as modest as possible with our assumptions so you know we have our infrastructure for what the deal looks like from an underwriting perspective what your theoretical compensation could look like so these are things are just very important to   think about uh we want basically everyone to be at parody what do I mean by that well if you're a capital raiser looking to raise for our deals we want your investor returns and our investor returns to look very similar they're going to vary ever so slightly because there's a slight drag you know for the fees Associated to the deal what do I mean by that well there's the administration fees that could be about $2,000 so sometimes that by comes by way of affecting the cash on cash return minuscule from a couple you know basis   points I would say roughly about the what looks like but you'll make it on the back end for the lift and raise of the deal there when the deal goes to sell so it's never going to be 100% similar because there are some you know technical nuances there but it is to be fair to everyone there and then you'll be getting you know a nice return on the deal that you raise for as well should there be profit split um above the preferred return so I just think that's a really important thing to hit on as to   how that fundamentally works now let's get into Seth with you over there on fund managers yeah fund managers we kind of touched on it already but you know we' we've changed our business so we're ready to work with fund managers directly um you know you can reach out to us and have an exploratory call if you want but really when you have a deal or you have a lead sponsor that you're ready to to work with that's really when we can spring into action um make that introduction reach out to us make the   introduction to the lead sponsor we can start going to work and again we can have you uh once we have the the information and and the things that we need from all the stakeholders we can have you up and running in five days and you know I'll just go ahead and talk about the passive investors too because they are really important maybe the most important I know a lot of those folks are are listening right now and just know that that's on our that's always on our road map to make the passive investors happy to make that user   experience awesome and streamlined and um you know just just an awesome experience for that passive investor because ultimately that's who we're serving we're trying to reach the passive investors let them get their money moving and so they can uh create multiple streams of income and we want to make that experience awesome for them because if they're happy then the fund managers are happy and the lead sponsors are happy too yeah there's two things that this show is about it's about the for this particular episode two things   it is the fund manager to be safely raising money in an everchanging business business and it is all about at the end of the day the investor the investor is the straw that stirs the drink they are the king of the beach so to speak they're the ones that this is all about for us to be able to give people who may not know that they can invest in those beautiful commercial real estate buildings that we drive by all the time you know it's sad to think that you know that's not in the hands of Main Street so to speak you know a   $50,000 investment gives you access uh to that product type now I'm not saying that's where every dollar should be you should have money probably in the stock market maybe you should have some money in your primary residence maybe you don't believe that mattra but you should have also some money in these institutional grade ACC or assets and that's what we're delivering here and it's so fun to be in a conversation with you both because you guys really are creating and are the future so it's cool   to be in in the moment to be having the conversation now but to be also progressing accordingly with with you all moving forward we just appreciate the partnership there's a reason why when we were cherry picking our initial lead sponsors that we we started to work with lonar and uh just you know couldn't couldn't tell you couldn't tell you how much we appreciate uh this partnership and and like you looking forward to what's to come in the future here yeah well with that said we could talk forever but we got to wrap it up at some   point so let's do that now Travis and sth thank you so much for giving us so much of your time here being generous how can people reach out with you want to learn more with maybe partnering at a sponsor level investor level and or a uh fund manager level absolutely LinkedIn is always the best place to kind of find me and follow me let me know you you heard me on this show I'd love to connect with you and uh and then you can email me and we'll also have a link on the show notes Here If that's uh if that's uh okay yeah of   course you can check out trib vest.com obviously and then for me you can find me all over any social media platform so feel free to reach out excellent well gentlemen thank you so much for your time today for those listening I hope you enjoyed this informative conversation about how the industry is moving and grooving and Ever Changing uh so we'll see you next week everyone have a great rest of your day peace Links from the Show and Guest Info and Links: https://www.youtube.com/watch?v=GVgT4GMrPPI&t=70s https://www.structuringandraising.com https://www.lscre.com/content/passive… https://www.lscre.com/resource/underw 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 Rob Beardsley's Links: https://www.linkedin.com/in/rob-beardsley/ https://www.facebook.com/RobBeardsleyLSC/ https://www.lscre.com/team/rob-beardsley https://www.instagram.com/robbeardsley8/ https://www.facebook.com/RobertToddBeardsleyIII/ https://x.com/RobBeardsley3?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor https://www.tiktok.com/@robbeardsley3

El 5 de diciembre de 1945, cinco bombarderos torpederos TBM Avenger de la Marina estadounidense despegaron de Fort Lauderdale para un ejercicio de rutina y jamás regresaron. Conocido como el Vuelo 19, el escuadrón desapareció sin dejar rastro en el Atlántico, arrastrando consigo a un avión de rescate que también se perdió. La tragedia, envuelta en desorientación, mensajes confusos y teorías que van desde fallas de navegación hasta fenómenos paranormales, se convirtió en uno de los misterios más emblemáticos del Triángulo de las Bermudas.