Lifestyles Unlimited, 3/11

Lifestyles Unlimited
Sunday, March 11th

Lifestyles Unlimited, for March 11.


Transcript - Not for consumer use. Robot overlords only. Will not be accurate.

Listen and learn how to use realistic to build wealth than passive income streams for you when your family. For you experts every day to discuss investing your questions on everything from single family homes all the way up to 600 plus unit apartment complexes. Now your host so many. And national award winning investors were a big year old Wall Street. For the life of a limited real estate investor radio show on her host a long slim is always working on your financial freedom. Today my friends of literature review some insights that I think are very important. You know for years I've been trying to teach people how to become financially free. And. Through my thirty years experience of doing real stayed twenty futures morning's company helping other people I've noticed that. It's easy. Two other by real stake and make money accuracy real stingy easy people are difficult bush saying they say all the time and the typical part of people. Is that. They have perceptions of life they're paradigm just keeping Kobe would call them they're paradigm of life which is their man out that they followed to be successful. Be skewed. It's wrong. And the reality is a very high percentage of Americans have this skewed there I would say at least 95% of Americans. Have this wrong map. It is very hard to ferret this out because. What these people want me to tell them how to do is tactically OK here how to but why in Q on the radio talk about how about real state and that's not ruin what's important. What's truly important is why you won't buy real estate why you don't build your asset base why you will not be financially free Sunday. In the future near or far. And today I'm gonna cover an email that's it's sad. Said he's. But recover anyway because sometimes. Out of the ashes for somebody else's pain. Can be drawn a conclusion that maybe one or two or fiber of thousand of you can see you're here. That might change your life. Because. There really are reasons that people fail in life and do very clear. When you dig down below the surface. People ask superficial questions that mean nothing. Because they don't understand we truly deep questions that they should ask. Today genial gentleman asking me a bunch of superficial questions. That really mean nothing because he. Doesn't understand what he really should be asking doesn't understand how the world really works. And what it takes to become financially free and because of that sadly enough if the gentlemen continues with his. Police system. He's never gonna become financially for. And you know he thinks he's asking the question. In an honest manner. In his level of thinking it probably is an honest question. But the reality is. He's so far from understanding what he's really saying the female. That I told him today when I got female cadets had to go over it on the radio and you know I hope he's listening unit listened into the first show. And and gets the understanding that hey. There's something wrong with the way you're seeing the world so. I'm not gonna Europe Jones being mugged I don't wanna share his pain. Within leaves people might know himself from the good and cover this is just. Hello Dell's been awhile since I sent you an email fields not to be discouraging. But I wanted to get your input about something I've been thinking about for a while now so this is something you've been thinking seriously about as we go through this email don't forget to apart this is something he's thought seriously about. Over twenty years ago when I was sixteen years old and working full time walls high school. I didn't have a lot of money and actually had a car without a shirt so start right there. He was working full time in high school what is and what has always been his belief system in life. Work. Trade money. Trade time for money work even in high school when most kids are out you know participating it's boards. Indoor growing up going to dances having a good time. What ever he was working full time in high school and came. Back and get an old car. Without a stereo. Around that time most cars didn't have stereos or. If they did it was really bad sounding so before the Internet was around I went to the library and checked got a few books I read them. All to learn how to install like own stereo since I couldn't afford to pay someone else to do it. So that is the next belief in life for the average. Person living a life quite. Desperation. Is that I can't afford something. So the only thing I can afford to waste my time I'll go and get a book books and study and learn how to install. The radio. Right to install stereo whatever it is. And save a few dollars this is that the next American disbelief. This saving a few dollars will actually get you anywhere in your life. Cover that later on a compact that would again later okay. Our nation is once I figured out I showed my friends. What they've done and there were impressed and asked if I can install new stereo amplifier CD changer Federer in their cars well before I knew it had a business license in order. Cars here equipment at very low prices compared to the high retail call stores like Circuit City best buy or sell him. So now. Here's an actual life and American tour he got himself big business license. And now she was a business. He was any business. He was a job he had a job of installing it stereo equipment. But in his mind it was a business people believe that having a job as a business. Being self employed were you get up and go to work every day is not a business. It is a job. Now if you order a company worth thousands of other people hundreds of the people work for you. And you still get up go to work might be considered a business. If you. Do what I do we choose have hundreds and hundred people working for you but you don't get up go to work every day it's definitely a business because business is something that makes money without you. It's a living breathing organism. That's why they know other to be corporations that you can't through the people who own business because they're not people it is a business a company. That produces income without you getting up and going to work every day. Next why he goes a sister like good work and great prices they're cute like good work. And great prices. Are right. Which again. Low ball low ball low ball. I'm gonna make you present cheap. And have a good business because I'm cheap. I'm gonna be cheap because I'm doing all the labor and not paying somebody do the work and because of that I'm trading time for money. Had a Toyota cars lined up in my driveway waiting to be worked on I made good money in two years later tractor began to include stereo units. Meister using cars. OK I made a lot of money where is that money. Today. Did you buy houses would that do you buy stocks would that do you buy anything with no. So here it is trading time for money. With no believe that you should ever invest that money. Is another American fallacy. Carl would probably became so complex you had to unplug your computer. And remove nearly the whole dashboard to upgrade to secure source saw this becoming a problem early on and got out of the business again. He is now quit a business. Instead of warning to upgrade and improve in building a company around. This business what are you ruling was saying was the job was getting too technically Roth the work was getting too complex too hard. So I'm Iran on the you'll find something else to do. Because it's just not easy money anymore here's a type a personality. I want easy money. I want something for nothing a lawyer passed I want a free if I don't get something for nothing fast enough I would change my direction and go somewhere else. Greg I bought houses 2030 years ago. Away from houses. To duplex to four plex to small part mr. media partners large farms and I'll try to buy classic I mean proving my business skills that I'm growing my businesses. He just ran away. Next fast forward aged 41 theater that is still so new so want to elaborate got a bunch of books on how to create a website. My site became popular fears later when as you know. I'll search engine optimization was unheard of alert how to make my website pages very friendly to Google so a lot of key words were listed number one which bought a ton of traffic and revenue to my website. We can't not think about this. Again he Whitman got books. We didn't get formal education just went guidebooks figured I would do something because no wheels knew how to do it usually get in and make some money. But how much money you make it says tons of money where's the money what do you do with the money. Right. Goes on says I thought I hit the jackpot since I would make thousands of dollars just from blue rule thousands. Dot tens of thousands or hundreds of thousands or millions he made thousands of dollars. There again. Living a life of quiet desperation middle class America or on that note lower the middle class America. What are you doing you're making thousands of dollars in thinking you hit it Rick she says I thought I hit it rich. I hit the jackpot. Because I was making thousands of dollars. That was until the word coat on and millions of people learn how to make certain sites as fuel friendly as well. So my key words that were ranked number one got pushed on to page 101000. Since so many people were educated on how to do this. Don't think about it. And in order additional whatever it. And in no time at all your 101000. Or so it. Could you imagine if I was the 101002 worst radio host if I was that you know I'm not number one. And I may not even be within that top hundred but 101000. Wouldn't get on the radio what would you would you think if I was the 101000 from worst. Real state training program would oppose the 101000 words. Apartment owner. I wouldn't be in business. This guy was a 101000 worse. Right so you think about it. Work earned think you're rich find out you're not. Don't keep opened business. They have to change. To a new business. This is the form of when we come back we go deeper into that form and a few other items. That this email proves why Americans. Are not financially secure what is keeping them from becoming financially secure we'll be right back with you don't want to publish what sells a limited. Real straight especially. Lifestyles unlimited is the real estate investor education and mentoring group that has been taking people by the hand in teaching them how to invest in real estate for over 25 years our students have been so successful at creating wealth and passive income the people on local state and national investor the year awards. And of the last ten years it's easy to see what the real time magazine named us the best in the US. If you're ready to add real estate to your portfolio due to lifestyle unlimited Austin dot com to access our free life training events scheduled. Like stuff discovery is your GPS. Pinpoint the best deals. Your returns and taking. The free online. This investment properties to learn the property valuation techniques you need to. The very best deals. Eagles dot com to sign up today. In the best deals in dog. Come. We do should do talk about why people. Failed on financially free. We'll talk about the the ideas and theories that they live by you can tell those ideas and theories are really the problem challenged drew. They haven't becoming successful it's not to become successful is difficult. It's not that is only for a few it's four of the fact that people don't have the wrong mentality about life. Our doctor to get officially carry on the casino. It's just next that I figured that. In order to be successful have to learn something really complex that is Tariq in high demand and maybe that I can have a stable careers so again. That's sentence. Very complex education. To be able to have a stable career in other words was a guy went. He was a job it took me years but I learned how to program multiple languages set up servers that pretty much doing anything that makes. The saarc opera. Since there are a lot of demand for pro rivers back I was making a lot of money and figure finally found a career that I Carolina again what is a lot of money. And to word it all the money go. That was only social media. That was until social media became popular and now people can share their ideas online without needing a programmer or hiring cheap one which are predicted would happen. Some day in the future and so I got out of the business again he runs instead of upgrading and becoming. Better Eddie skills that. Or creating a business that proved Cooper lit be 80 or. Investing so that he can sidestep all that stuff by now essentially does is made so much money because he's saying I'm making tons of money. He could have invested all that money any could have been financially free right now but he doesn't he just keeps trying to find ways. To stay out front of the job market. That actually says is I figured I need to have a skill where do not have to compete with the whole world that's in high demand. OK he just gave up. Our one of guilt trip that is not in demand in other words. Comedy go hard and Iraq. They do something nobody else wants to do. Condenses and then became a truck driver which are currently. Do love it. We should now you're about how they're making driver was cars and so large and which. I'm sure to be replaced. They're my friends. World and reboot place. As of our jobs. All jobs will eventually be replaced but you know I like Trevor truck. I like Brothers took a beautiful. Is that is serene. There's no competition. There's nobody you have to talk to there's no communication there's no skill set he just mindlessly time. That's a job that nobody wants. So he wanted to because there's no competition for. Goes on and says here's the main reason for this email here you on the radio recently stating that you are expanding nationwide and opening up new offices in other states. That's a good thing for your business since you already successful and say you have more money than unique. I just wonder if you grow so large that thousands of new preferred members that the second. Did you come to bill will be gone within two seconds to just so many people going after. Or worse a multibillion dollar company we'll see that you're doing and duplicate your business model and spend millions advertising worldwide to a point. There's no houses or apartments will be available as. Investments since they will all be bought before you can even find him. This is where the guy shows the other side just insanity. This is what we call lack mentality. The lack mentality. Says that. I have a zero sum game belief in life for me to have a dollar I have to steal it from somebody else. If you get a dollar I can't have a dollar if I get a dollar I have to take it from you this is what the Democrats believe the Democrats believe that the only way that he. Socialized class that they represent could have another dollar is to steal it from a human being that worked to earn it. They don't wanna teach their people to earn. They don't want to teach their people to invest they don't only teach the people be successful because they don't believe that any of that's possible. They believe that the world as a zero someplace. He goes on says I'm sure if you were not teaching real state. They kept the simpler yourself in the inner circle of friends there would be amazing view if you just sitting there waiting for you to snatch him up since no one be aware. Of them and would be passing them up. Right so. To say the real stiff pie is big enough for everyone but not if the whole world is competent educated enough to spot a great deal. The odds of getting good deal would be like hitting the lottery if reaches that point it seems like you're secure jobs for those. Who are not already rich are the ones that take many years of sacrifice and credentials such as being a doctor a lawyer. Which is something not. Most of us are willing to do. So my friends. Securities. The lack mentality won't come back from break him explained why. His premise is absolutely. Wrong in every way shape in form and that's why he'll never be rich. And why the people lifestyles are becoming rich if not already rich from the program because they do not have that lack mentality. They had the abundant and tell. Will be right back to the lifestyles of limited real estate industry. Did you know that every dollar you invest in real estate makes you money five ways cash flow of money in your pocket each month. Equity capture the thousands of dollars you create when you have a great team and by the white property using the right now. Appreciation. Realists they can increase in value over time equity built up renters pay down your mortgage each month. And finally the tax advantage when done correctly real estate investors pay no taxes on our cash flow and capital gains at play styles unlimited these are the five ways we'd make money in real estate which is why real estate accounts for more millionaires in the world today that any other investment vehicle and you should have some real estate in your portfolio. To learn how to attend the lifestyles unlimited free workshop call 8669718970. Or go through what styles unlimited Austin dot com and register for the next available workshop. That's 8669718970. Or go to what styles unlimited Austin dot com. Thirteen seven. Or back about government. Best radio show they were discussing why people fail. What types of belief systems and the decree failure financially. And we've been going through this you know this gentleman that sent to me and his main premise mills covers main premise is that. Everything he's ever done life. Has failed to succeed for him because somebody has come along taken away by being better that it. Or being more efficient at it and he has based his entire life on the premise that. Earning is the way to become wealthy and successful. He goes on and says OK now I hear you saying that this real stitched up you're doing is growing and grow older country. Isn't that good eventually create so many investors that you're gonna be little while the deals well let's go ahead and take that on first walk. You know one as young kid they told me there was a twenty years of Boyle left when I went took a geology class bazaar like out college there were a thousand years oil left now there's. Hundred years of oil left in each of two or three states in the country. Every other you know country in the world has another hundred years voyages of thousands and thousands years well oiled no problem that resident. Who's the mentality of how you find oil what you do with oil and so forth. The same initial real state if you're out there trying to find something for nothing instantaneously gratification diseased house for nothing. Like all the other real state whose new world teach. Then yeah if everybody knew how to do it there'd be none left but that's not what we're doing we're buying giant businesses. And the fact that we've been doing it for 26 years in Houston never riled we have even scratched the surface. There's like 3000 apartment complexes in Houston and I don't know how many we have nowhere near that many and not even half of that that even a quarter probably. If you take a look at Dallas same thing no the 3000 dolls Fort Worth and Austin San Antonio getting a 3000. Literally counting the small town we Midler. Or corpus Chris and there were buying out of so there's. You know. Three to 5000 apartment complexes in Texas alone we have you scratch the surface we probably over less and less than 1000 always across the board I don't have a real bummer that's all we know we're that close. I'll but the reality is we're buying more more room all the time faster fashion we've been doing that for 26 years because we get better at it. We're buying larger apartment she takes more people to buy them so more more people can get in two deals that. You know where it takes twenty or thirty or fifty people by deals so each apartment whereas before we about what department are one family. Now we buy one apartment complex may be retires 2030 families right. So then that thought that this lack mentality it's too as opposed to an abundance mentality. Is what holds this person down undoubtedly try because again it's just gonna be a failure is just not gonna succeed they talk about what if we go all over the country. Is that can create even more investors know my friends through the bottom line if we've been able to do for thirty years in Houston and not even scratched the surface of owning everything. What happens when we go to Atlanta. We've got at least thirty years for re even to this point right here. What happens when we go to Florida what happens when we go to Michigan would have to go to Phoenix Arizona would have to go to Las Vegas when it comes amid all the different places. Each one of those cities adds another thirty years of possibilities tour membership. And that's only named handful cities what about Saint Louis what about Chicago what do all these other cities in the country that are out there. Right they're all over the place. We've got an entire country what it is is if you look at it as they demand vs availability situation the more we expand. We expanded to unsaturated markets. And use investors from all over the country. And so these deals are getting better as we expand the deals were doing in outer provinces out of Texas. Are becoming better deals and will become better deals. As we get better at it in other words with the abundance mentality. We won't improve. With growth this guy's never been willing to grow with anything in his life he runs ways Susan gets to know. We grow expand its smarter do better. In everything we do. And our members benefit for the next thing is what about some big jarred billion dollar corporation to come in and knock us off guys. They can't do that. People try to knock me off for 25 years they can't because you don't have to turn things we have number one. We have decline until people that have been developed into a belief system of giving back share. If you get a giant corporation. They wouldn't share they would keep everything for themselves and nobody would column. If you don't have people here you don't have people looking for deals you know people find deals you don't have people making the money. You have to have money to do these trade deals you have to have money. You have to make it available. If you don't make it available and you don't have the money than your doctor to do you do the deals so we jag corporation does that the second thing we don't have we shouldn't come wanna get back is. They're greedy. I'm not greedy. I never wanted to all the deals instead of me being a billionaire when it each and every one viewed to be mean we'll take a short break we'll come back from right back with the lush tells a limited. Real estate investor relief. What would happen if you can show up for work tomorrow for the next couple of days before week a couple of months. A year how long until you lose everything you or forcing a fraction of the time it took her earnest it. If this fear keeps you up that night it's time to learn the strategies and teach their lifestyles unlimited. Start with the free workshop go to lifestyles unlimited Austin dot com and finally true financial news like so many of our members already. That's lifestyles unlimited Austin. Dot com. Get your path to retirement in just one day at the country's largest wealth and passive income tax spoke Saturday April 14 game one on one access to hundreds of industry experts realtors and lenders property asset manager's apartment owners real estate syndication and trained professionals meet national radio host multimillionaire real estate investor and mentor to the top award winning investors in the country del Walters we use promo code expo eighteen and attempts for just ten dollars. That's wealthy and passive income expo dot com promo code expo eighteen. Thirteen seven. What about the life double over the roof and a radio show today moving north through email as a demonstration. Okobi. Average persons living a life of quiet desperation she's the worldwide that belief system. Will not allow you be successful and so I said it best how you see the problem is the problem. And I've listened a series of points that this email made. And I want to share them with you here just to sum up the milk and we'll move on the first in his. The way to get a life is being cheap and doing things yourself. You know. A penny saved is a penny earned as a belief system that middle class America has believe forever. And the reality is one should understand is savings will not make you rich. Putting money in a 401K Nyerere savings account rule Billy's college fund. Does not make you money simply putting money under your pillow sticking it in the dirt or in his savings account. Does not any way make you any wealthier than you were you've already earned that dollar. You have yet to decide to spend that dollar but you still only had a dollar continued learned to invest your money wisely. And make a large rates returned. Successful long presided. You'll never be successful. Number two. Working is the secret to wealth and the secret to becoming wealthy used to get a better job. That I'll always looking for a better job that I can make more money with a better career that I can make more money where it. It's all about the job and it's not about investing at all number three. I want to be nothing. That presents competition. Competition is bad. I want a quarter of the market I wanna be the only person doing it I wanted to bill make easy money. Right. I don't want to have to keep up the pace of growth of an intellectual and intellectual growth to build a progressed my business along with society. So as soon as there's any competition boom arm out. Good actually is. Almost hide in jobs that nobody wants. The way to be successful. Is defined in shock that nobody wants I mean literally he's saying that folks I mean you've got to get this she got is that. If you were to write your own manifesto. A what you believe in just four guards get a ribbon apart at the bottom line is. This is gonna help somebody out there don't. But if you write your own manifesto how many sentences could take right out of your manifesto. Of your life belief system and just rip you knew him that it. Well there it is almost hard to jobs that nobody wants I mean that's as a solid up nothing else does an excellent. Technology will always wipe you out. But no matter what it is that you do or have technology will render it useless if some point in the future so. Let's see technologies made everything about living in house and apartment better over the last 200 years. But has it rendered useless. No. Has it made it more or less available to people to live in housing. Now how things available for Felder morals you know there was before but has it taking anybody's investments away from. Now. Even the oldest we'll stay we have to still run the ball to somebody. And if it's not that is come of age and it's no longer within the mores of our society healthy enough to live and there and they've got to demolish it you should have moved gone it's a natural progression in life. Used to grow. With technology. Not to let technology wipe you out. There's been natural process. Of things becoming outdated when people want to automobiles the guy who built settles there wasn't many of needed. And then only the best ones was to register people to get settles. But it's always the best. And the same thing's true well these things this other guy did is it. Technology didn't wipe him out the fact he wasn't very good technology is what white developed and that everybody also willing to grow and to change. The next one is this a zero sum game idea that there's not enough for all this for me to have a dollar. I have to steal from somebody else. For him to have a dollar everybody else just to let it go. That they're there either can't be enough for everybody this is the democratic beliefs you've got a steal from the rich to give that a four. Not teach the port to become rich. Not teach supporting go earn and invest it only assets. Why don't they teach supported do. What is the poor don't do. So the poor can have put the poor don't area. Instead they'd rather steal from the rich this is a zero sum mentality game situations. No bug this mentality. Not at all and last greed gal why didn't you take it all you should have taken at all. Boy. It's only founded in pure life agreed. Unbelievable. When we come back from the break I got one more piece of evidence not in this email but another. We'll be right back to the lifestyles a limited real estate investor radio show. Thirteen seventy. Pulled back to life stolen drills to invest radio show. They we've been talking about mentality is that lead to failure financial. Failure. Middle class living the life quite desperation. You know just to all those things to keep him from ever being financially successful I've got one more for you would discuss sixers celebrated that last email. Here's one more to this was kind of a cute it's it's a little. Funny story. That really. To me it was said to be a joke between husbands and wives and television money in a different manner but it really tells us how we also money in America. And how it's just really. Not going to be successful because it. And down to go and retrieve says. A woman asked her husband do you drink beer Smith says yes woman says how many Beers a day man usually says mayor says she uses about three. Who says how much do you paper beer managed just five dollar which includes tip. Woman. And how long have you been drinking man about twenty years I suppose. Woman sort beer cost five goals you have three of them today which puts you spend each month about four and fifty dollars. Anyone here would be approximately 5400. Dolls correct ma'am does some math and so is correct. Woman is paid one year you spent 5400 dollars not accounting for inflation. The past twenty years put your spending your closely dove underneath thousand dollars correct. In terms that's correct. There and woman says do you know where it. You didn't drink so much beer that money could have been put they stepped up interest savings account and after accounting for compound interest for the past twenty years. You could now have bought a plane. The mayor looks the woman said do you drink beer. And woman says no. And the mayor says. Then where's your play. The folks should you got to think about this thing for certain to really get dismissal this to a higher level inference right here. And that is. First what was take it. What people believe is. In savings. And what the woman is going to point out if you would say that 105000 dollars. You would have something. But the point is is that the lady even with that savings mentality is seeing you could buy. Toys you could buy crap. You could buy a plane or boat. And RB. And the reality is even with his husband wife fighting over this five dollars a day. He's not gonna make a single bit of difference in their life which those who points out because you don't drink beer and we still don't have a point. And what I'm saying is there's no mention here the woman would say you take that 105000 dollars and over there and over that twenty years and bought around else. Every year you have twenty rent houses in Detroit red house reduce U 101000 dollars a month of tax free income. Would have been impressed. But even the woman whose hide dealing and acting on her husband RP the way about this Fargo today. Still has no idea how to make money. Still has no idea that even saving the phi delta day isn't going to be a big difference in the long term. Quality of their life and the husband deals with that. And so I know people. That had a very simply system. I'd somebody tell me one time almost for rim something like this he said. I know. That would I have problems. I'm gonna lose my money. So well I get a chunk of money I bought something I want. Because at least I'll have it. And then when problems come along. Sickness loss of job car break down whatever it is iris tax problem whatever. I'll just pay and payments. I'll just pay increase but at least I'll have my toy aisle at least the thing I want him elect at least double taken that vacation. So the concept is the zero sum game concert began that. Eventually you will fail you might as well have some fun along the way. Nothing. About actually. Winning the game. Nothing about investing and having income come and tour not only can you buy a toy that you can retire and have the time to use the toy. And increase that investment sold in the future you could not only be free news Detroit but afford to buy more and more and more inventories better and better toys. They never did you do your income. These are the ideas. That are lost to our society. Did you ideas to make a difference between wealthy people. Middle class people living a life of quiet desperation. Until someone comes out. And teaches these ideas to the world and you. Show listener. Decide to hear them. And believe them. In the rescue view will be asking the same questions and generally did in the email which is. Where's your plan. Where's my special Car-Mart special ops what do I have to look forward to act and or why did that guy kid at all. That's the problem of our society. Everybody wants to know why everybody else has something that they don't. Instead of what you do know how they got it. Obi got some from today's. Females. Who was intend to be negative is intended for you to see it so you can become a positive. In your life. I remember always as we do this for not doing it just a little bit more money. We're doing this for a credible lifestyle and a wonderful day. We see him. Thanks for listening to the lifestyles and the real estate investor radio show remember that this show is for entertainment purposes only and should not be construed as legal and investing more tech advice results may very. Always consult a professional before making any financial decisions if he'd like to find out more about the mentoring available at lifestyles and limited please visit them online. At lifestyles unlimited dot com.