Lifestyles Unlimited, 6/10

Lifestyles Unlimited
Sunday, June 10th
Lifestyles Unlimited, for June 10.

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

Dials unlimited real estate investor radio show a real estate investment pro. Listen and learn how to use realistic to build wealth and passive income streams where you and your family. We bring you experts every day to discuss and answer your questions on everything from single family homes all the way up to 600 plus unit apartment complexes. And now the lifestyles are limited real estate investor radio show. Google I felt a limited rules to invest leadership on the post so long to me. And today is tell bill we have every interest in gas for should mention. Is a member in Georgia Atlanta Georgia equal to live in Georgia but she. Has done an incredible job. Started as a member here in Texas probably San Antonio have been moved healthier. And decided to take on the world all by herself and she did she do a bang up job for yourself video at 28 unit apartment complex that she's made. Over 500% return game on on her investment has doubled. The value of the property or better and has raised the rents. By a tremendous margin about 60% across the board just a fabulous job and we're really happy to have her here to do talk with the she's also. One of our ambassadors. And ambassador for ourselves and women do somebody who's a member it's really excited about. Possibilities. For people's lives. Out of the program. And they in turn share their time. With other people. Helping them see the life get involved get to meetings have meetings and so forth. And she's taken that role on forest now and we were like we're here with me today Tricia Mets and welcome to show. Thank you so much doubt thanks for having me. And so what you say you know I want to share where we others about the success or about half I've had. It's brilliant selfish treatment because we have such a great I had such a great time in central Texas being a member there in 2013. And I'm happy to Maine to Georgia. And fifteen that I really wanted to cultivate. Lifestyles on my part of the world so that I would miss out on funding. In case studies and meeting up with investors and other people that are like minded though first selfish reasons I you know pushed and pushed the habit and then. And meeting because I really wanted to do it more people like myself now. I gave you all the credit but I was selfish me. Spain you know I want more time flies out there via our area as I can you know you're there is in part of that program and year round as people every month. You really message you really really miss being around my money people. So. That's how it all started for me. Well I think you're absolutely right I don't think it's you said it's for selfish reasons can't be told we personal intrusions although there are good incentives improvement would be more like he should be I think. You know as you help other people it does benefit everyone in the group because like you say that the camaraderie ship. Good group education. Networking and I find that I've got 90% of my friends come model I felt membership so just because. It's the only people that could sit with me long and up and talk to you on it up without going crazy because all we talk about it. It is real state making money so it's really hard for anybody else you won't narrow interest and enough. I had to try to figure out so that I couldn't figure out which was okay how are we gonna grow this then if we can get away from Houston. There are only give some credit here a guy named Kerry would be you know Terry right. As Eric Berry. Carrey took it upon himself in San Antonio. To bring together a bunch of people got them all together it is how to get regular meetings in his house until we had enough people there to be able to. Open an office up there and so if you competing for is new regional ambassador. And he took of a long ways we took off with itself. Let's talk about being an ambassador look at things do you do as an ambassador. Well I mean before I was actually given a title ambassador. I'm only when you started the program. I'm I had invited you know money Kabul to one my due diligence inspection report we purchased the sixteen year that. And I mean other members were invited as well but they're the ones that the convention says Taylor looked as if this property because they were in single family and they live in Atlanta. And they wanted to see you know how I did it. Because you know who they know about it Olympic Games in Houston and that your case study in and injured today but. Knowing that we had somebody and that's Georgia now. I could show them you know how to do this that they take advantage of pendency of the property and doing our inspection and that was really when it started because. Like I said I was you know what's good for others to. Socialized wit and teach others the other members where our crew. How we know we've I multifamily and that's when it really started and then I just heard from there the following year. After we had closed and we have we invited. A big group then whoever want to participate in a very trick to. Our apartment this year than how it's done what I did do it went palace businesses increased their friends and you know those counts two. To take down an apartment. To me how how something like that this time. That's where topic on. Well folks out there if you. Think this sounds interesting to have other people around you. That will show you their business explained you how they've made these massive result what happened. If your interest and so what that to be on these type events you have to be a member. These are not open events these are only member events and Patricia Scotland come and appear on July. Fourteen is that we told me once you go to a fourteen yet so true so what did you tell everybody what what you're going to be doing on July 4 can remember guys. I'm telling you this is a private event for members only but we're Teixeira for those you that are members who you won't miss out of you would get out there. Two Tricia you get in touch with everybody does it carries is in charge of all the ambassadors. Yes carried out there. Yeah called carry Gilbert should get you looked up. With their I don't didn't go for broke over the years like 101000 people call you fictional. Good a job skills which can we do on this. Inventive and Hank yeah got to stay put together. What it did say an and I talked about having her trip because. We've had. Other members and the national. Ambassadors have road trip to the apartment just like we did with this and I want. But that's what I wanted to dive deeper and to helping members that are I'm interested in buying multifamily. And shows them how it's done. Because they're you know it were purchasing properties in our area in Georgia. Want to start doing education so people you know they start to finish that one count of how it's done. So coordinating closely with the and Jackie Greene. Thank you analyze things and multifamily properties fabric and a potentially do. And it's gonna break it down to show people is specific skill is that it's not a good deal. And so we're gonna have you know for a trip to feed our property. That is either that are not good youngsters so that we can have education because we have. Increased their numbers and the Georgia plant their region and the southeast but what I really wanna say it's a bit outside of Georgia there are. Significant numbers in North Carolina South Carolina. So I want you know get an opportunity. To the other members. States get educated. How big some brown and Georgia. Even. So alone do you have any idea. At all I mean doesn't have to be an actual accurate number just. Educated guess as to how many people you guys have roaming around yourself be scary group now. I don't really wanted to get that number because it would be a good again but I know that one we get together it. Forties as their. You know it's it's hard to decipher too because we have. You know involved in our area so we get to upgrade to another layer of numbers because. They're interested in investing nationally that are hitting all the major cities since he. You know what it now. There potential or other cities are investment opportunities. Yeah it's interesting to me that. Now because we have all these different groups all over the country that person can live where they want. They're still diversify their investment all over the country which is really neat thing to deal would do. I know a lot of people travel that that's what shocked me though what shocked me was that they would actually travel. To go out to events and see these places in and meet these people and so what that that's the part two gunmen are realizing we've got but I. You know little shocked they're wounded two all that traveling to get divide people and meet people so forth. I know you do it's who traveled quite a bit when you first start you go back and forth different places. And what a lot of events so I guess is what is your thought on that. I think bad and you know because you're national now and it's just. Ever they're growing and that this investment company is making. Lifestyles better and better it's just you know it's. It's been the ball thing is happening is growing as. It's not gonna stop the out of your legacy and this is your life as it educated enough. And it's sacred. Snowball effect so I see that it is going to. I'm grow and prosper and so many different cities that are you know I'm happy and doctors obviously. That are purchased it and buildings and people running at about amendment and it's important for people that. Want to invest in that city did you know their biggest relief wells because when you're not there in that town where they're at you know it's important that. They get to know them and there you know focus and that their confidence in investing in that city is that person that lead. Well let's take a short break here. All we go to break again I wanna remind you if you like they can get involved in the group like this. He's need to come door to date clashes could give in Orlando. June 31 July person dates. If you wanna sign up for you need to go website give me total freedom dot com give me total freedom dot com so we can get you signed up and then. After that if you are a member. Tricia has road trip coming up July 14 so if you get in now get to this case continues today you have a possibility kicking into a road trip also. We'll take a short break be right back with Trisha Mattson indeed much delve on limited real estate investor radio show. 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 more local state and national investor do you awards. Ten 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 lifestyles unlimited Austin dot com to access summer free life training events schedule. The number one question real estate investors have is should I'd buy it. With the best available data on the parable sales and rinsing your marketplace. Lifestyles discovery allow. You estimate capital gains and monthly. Getting the best deals dot com to sign up for the free online class how to get the best investment property. And learn to identify the very best deals to add to your portfolio. The best Look revitalize a little real estate investor radio show with me here today until Delis tritium that's another book Georgia. And she is one of our ambassador there and she's got a road trip coming up here. For members only by Doug you can become a member of people like to give in to one neutral trips. The parents if you wanna be a member you can need to go to the two data wherever we choose June 31 and July 1 Saturday and Sunday. Stand. Did you pick ticket for that you need to go to give me total freedom dot com give me total freedom dot com so Tricia. Let's go back way way way back when you first start because it's one of the things I think you you're getting to know. Is it Q when you first started. Were you surprised how open people were with all their private information in their business techniques. Well down my history is that I understand how mom and so I didn't have. How much experience with business or our corporate world of so I can't say you know I was surprised that it was so open I was just happy that it would open that you were able to tell me how to do something like. I'm so I can't say that I I was surprised that the openness of the members I was. I'm really loving that people so you know severely and you know wanted to talk you into. And feet. This paper itself is still open and and I think that's what it. I enjoy so much about life styles. I have people that come from Texas or whatever state they're coming from and they know you're a member. And they can just based attack you or something or say hey I'm Colombian banana. An ultimatum for tanner and then all of a sudden we're you know quite well about friends from wherever it just because we have a common. Real estate investing. Commonality in us and plus you know we're also learners were ever purchased. Everything that you own body and my style of play you teach us to do it so we share that with the other members. So we knew. I have these events. I assume that you have a list of everybody. Or is Kerry said that Lou stout when there's that occur. I'm OK so what I mainly do when we get something there others say for instance when you com. To Atlanta or we have a two day or arsenic. I won't get that these members. It together that night prior along with you and we'll have a dinner at the sound better as well organizes it out front about it on network. And then all organized the next stage and trying to get a alliance networking events that I would still. It together and socialize with other people and other members especially their members because you know. Coming into such a new program here so here I there's so why don't like you know what is this about what is this never do it. If we wanna help those are newbies and and just to give them into our overall. You know I guess the other hand I now that I really and certain comfort in hey this is did it. Or just all of them you know. And just give them the same advice you give us. Carry on the other hand take care of all see. LE view I'm scheduling and anything that has to do with patents that the company and is now. I'm on the ground doing the networking. Setting up our donors from appliances. Members. That one engaged in in the meeting. So I think I'm more of these social gather. Event planner if you wanna say that. There is gonna take care of the scheduling or elegant stuff and the event at the. I felt. You know the interesting part about so the whole thing of starting co op somewhere if you've got to start somewhere or is it chicken or the AA and so we have to present stuff for you guys to do. So that they are you guys can do it enough to tell the people about it so. That we then get them to do it too so it took its some got a relationship there to say the least they'll. We wouldn't be have this meeting coming up here for the two day. June 31 July 1. For that to date seminar. Are you going to be bringing the group together for that. I wanna do not answer that question again I have my parents coming into town so I might have to deal with them. I felt I go. I won't definitely let people know if I'm going to be involved in the K day so that they can get hurt these are. Events planned for a dinner and then and there lunches. Good as far as I'm concerned it's almost it's it's been an open question right now. Car over to take a break on that went and if you want to get to this two day event. In Atlanta June 31 and July 1 every Sunday he need to go to give me total freedom dot com. Give me total freedom dot com we'll be right back with crucial match and and the lush tells a limited real estate investor radio show. 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 map. Appreciation. Realistically can increase in value over time equity built up ranchers 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 lake styles unlimited these are the five ways we 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. Need. About floods of liberty hosted a radio show would it is crucial match and other book Georgia and tritium let's get back in here now and talk about your accomplishments I think we've spoken up about via. Ambassadorship. But let's talk about why they would want to do what you're doing the show respect for him deal with first twenty you do you did. Tell us all about how you found that what you did in. How we create so much profit on this thing. Okay well. I can't start this thing it's a negative without starting off that I was and that single family Ron Wolf first is that led to the 1031 to purchase the 28 unit. But 28 unit. It's basically. Property that I found on the net of all places. And George we moved here in 2015. Like. Or like those on a street. So we 7 of those 4 o'clock it's seven for a fact that I'm Matt street and then it was you know. They'll just. Mom and pop. Property where. There's this bird. Maybe and then. Everything was distressed isn't old and nothing has been updated. Brent on the property for an 535 when we first purchased them. And I implementing. And play any kind of like washers and dryers. As. I insurance policies. We've increased it to 910. Dollars. One unit. Alone. So let's get this. You took it over and you had used rendition what was 535. And you've got them now all we have to 910 are only used the same size and. They are actually there are a little bit under 900 square feet they're all two bedroom one bath. They all have a washer and dryer connections and they unit. They are adversely individually metered for water and electric we don't have got to or the electricity or you feel pretty. And they just start late or units per building what size of each one. But is this thing work or plan. Let's that's really beneficial to have all two bedrooms like that because you can get the larger red for the two bedrooms and one bidder. And also for that environment of workflow action fund used to fund families. It wanna live that way they don't want to live in a complex. Per say they do it why do you go to foreplay she is I don't know it can be feels more like a whole board duplex or. You know than just. Accomplished that I've seen it when I had him and had lots album by the way. A big one teller would like. If you do collection. Of what and about. Well ten or 114 flexes. And I always felt like it was just a little bit different clientele in a little bit better clientele who we got our apartment complexes and that's on horseback dinner with old. Really old cheap apartment complex so I got the he has quite so possible. But that's all I can afford it is Florida legislature you start with the algebra but waiting to multiples and so and so forth so now. How long did you Kiki. It did you do it in stages or did you rip the band evolved to go from 535 rip off designed. Actually. Play. With the contractors that I've been using since we've purchase the apartment. There is what you renovate a unit and lesson probably ten days maybe a week like right now we've started on one unit it's going to be down. And they are laying floors. I'm not unit on Thursday and others started back on Friday at last week. So I had almost shredded gal or and what can. And so we've taken it what it was just when we had the original plan. We kept the property management that was on. Biggest purchase that we could give them thirty day notices. Because otherwise it content well on that would be sixty day notices and I didn't have time for sixty days to start rehabbing units. Which if you are being measured patent so we had he would have taken all the the unit to where we wanted to. We have them. So. We would do one at a time. Whenever they Wear out there and if we would we have them are going to be expired they agree happened. And so far we've have 26 of the 28 I'm completed. Tell us to share with this we got about a minute left in this segment should she can win this oh no we we have. That's come one a little one here when we come back home to tell us what all you've done. Could you have to have done. Some really nice from equities to good operation wrote that much of that. Really on the spur of rent increased. So many European you have to say about for the rest to view if you haven't got in there and signed up yet for the two day class we have coming up. Go to give me total freedom dot com let's give me total freedom dot com Atlanta Georgia June 31 to July 1 community workshop right back with. Crucial match and then like delta limited rules we both for radio show. Experience what would happen if you didn't 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 for her earnest it. If this fear keeps you up that night it's time to learn the strategies we teach their lifestyles unlimited. Start with the free workshop go to lifestyles unlimited Austin dot com and find your true financial news like so many of our members all right yeah. That's lifestyles are limited Austin dot com. We know you're out there. Hiding in plain sight living a life of quiet desperation. Wondering if you're going to keep your money to degrees there's a better way of federal life at lifestyles of unlimited. It's time to live a life you deserve you can only do that by creating passive income. Let us show you out. It's just two hours. It can't be worse than another meeting about meetings or another mine was night in front of the TV. Go to lifestyles unlimited Austin dot com that's lifestyles unlimited Austin dot com top thirteen seven. What about blood cells limited real estate investor radio show we've distributed until those Tricia merits and out of Georgia. And attrition sells about these incredible project she did 28 units. Who's really a oh whole group of four elections she bought 24 boom that you bought the next for you since it at all. And she's renovating these things so much. That she's gone from 500 dollar month thread 535 all we do not intend the last one that should just finish. And what I wanted to know poor record breaker Trisha is what are you doing these things to make him that. Attractive and raise the rent that much. Okay well I'm. Standard stuff you know that we would do it any property when we take hitter is replaced but exploring its we've got carpeting and there for years so we're gonna and you orient where is involved I'm pouring in dollar you know it's easy for the attendance to clean up and it's easy to turn. Contemporary. Colors streets and pray is the most popular now. We respect of the cabinet that they don't need to be replaced and we resurfaced. Not part where. Update the lighting tally seats quit. Daily band bedroom. And that is about terms it an overhaul or just think the new vanity in toilets and we'll do that into the bathroom to put a new countertop. In the kitchen and add back splash like I've played tiles. And very popular. And we'll chase what are baucus plan is depending on what I'm going to open the kitchen. I'm Vick really and I. Really nice contemporary unit the tenants are loving their. You know they had the inside so it's not the you know standard unit that they would pay on the outside for the same price as. Davies said that I'm pretty much fishing in my area because of my upgrade them. My finishes. I'm not going to be hit as hard as the other. I'm communities because there. You didn't stay online and not granted him by having such nights pictures product I what you tell us. Even so do we have any kind of an ideal what that may quit because in totality. Per unit. We stand but we haven't had Turk played or about it is it's it's about a profanity in a toilet. Paula things that they mentioned we've got a little bit about 5000 dollars per unit. Any change that with all of the appliances. And all of the client needed to. In from the flooring you know lighting into the bathroom vanity. And what does it as a or is saying. And I. Fixtures. We're not spending my time on and we're isn't at the we're not buying anything that is. You know special order. Which is contemporary colors to make up his game of the regular color. Or in particular but they're pretty much. About five that over 5000 to renovate a unit. So you spent about a 140000. That's 5000 door you haven't done too would you have that. Mostly earned 130000. Spent so far. And correct you're looking at the situation purchases property. 4178000. Is that right. Where we see the for quite frankly just to purchase and. Compared and you double that you've made the property worth 2200000. Dollars so think the benefits guys. She spends a 130000. Dollars in upgrades. Increases the value. Of million. Dollars. While that's a profitable. Upgrades. You know when you're getting here eight times the cost. The median value that's a tremendous tremendous upgrade. Won't come back from break here what I'm gonna wanna do is talk to about all these other things she did to increase the income. And also a short piece on the renovation you do for another member and help to members can get together. And make something really exciting happened by working together and won't give him that we get back. Now before we go to break I would remind you one more time if you wanna go to this two day in Atlanta on June 31 and July 1. You're gonna need to go to give me total freedom dot com that give me total freedom. Dot com and then moved here would give you win there's Patricia when we come back we're gonna go into. All the extras you put in as far as revenue increases and also the rehab that you did with the first pass a deal. That you've done. And we'll get that'll cover for. The losers for this next segment and get one more time for a way to go for the break you need to go to give me total freedom dot com. Give me total freedom dot com for the Atlanta to day trading class June 31 and July 1. We'll take a short break here. And when we come back we'll have Trisha explained the stuff that we just went over. Right back with a lust goes limited real estate investor renewed show. Thirteen seventy. Poem about blood cells delivered reels investor review show would be here today is Tricia Madson out of the Georgia. Patricia who went to break pressured to do about border. Do what I would like we're pretty sure the segment and the show and that is the things you editing your career. Improved since you implemented. They prove prints. Program expletive everybody what that is until that first on my law itself. Two and knowing that it. Eventually it differences is that DNA collections or. Basically your pet that you have a on the community. So. Basically Wendy tenants. It. Like there's dog go and pay their business and property. If they don't take it we that our kids and DNA to print flat. And they come back and say is targeted so that we can find that Canon. Are leading their dog mad about not Kirby I'm well I'm that the Phillies it was silly thing but it worked it out we don't have. Ten not hurting her animals because they don't they know we're tracking them. So it's it's people. How something like that on a community. Bad taste had so that we are pet friendly and that is also another. Feature for an hour increments we accepted pat and I wouldn't be for the for the community it did not have any handle both whatsoever that. We signed even because not many other areas have animal price friendly properties. We take advantage of a way to help the present company first started and I actually enjoy. Having. A big impact friendly community we they interviewed a cat person or equipment and make sure there's something that. Why not on the vicious treatment but I can't without that's you know that the owners are you know pretty good but their animals. We think we also have the washer dryer connections we can offer our front poll. And being the end military town people don't really want to have a washer and dryers because they have the employer to do. You know it's yeah it's one less thing for them to worry about. We started up a great program with a plan for how they charged me twenty dollars or they they. The liver went prepare. And I cherish the Canon fifty dollars for the wrongful month. We have and we implemented or renters insurance that we you policies that and I think that the want to. 01 in place that we'll take care for them to have their eye and it sure that they and their unit. Personal belongings. And that's that we're just you know China on more income to bury it too I'm also expenses. You've also. Got some amenities that it's not necessarily. Directly related info but it's still good program. You've moved from letter to community neighborhood crime program would talk what effort to such. I -- out but they're great program one of the other members suggested they might mention what comes about because we. First we're gonna do something with an off duty officer. We didn't have that kind of issues there are so I figured. Would these acts kind of strolling done so. They try to never occur once I got in touch with the local police department and talk to their program director. He came to the property. We had a luncheon we had. And talk about you know they do things to do it just you know common sense things nothing windows open. And I'm not reliable cars and he gave his spine to put up there are monument signs so that they can see you we are crying pretty generic I'm watchers. In community. I make a mistake has been put on the windows on the bottom or you know that they you know not that it works but you know hey every every ounce of prevention and you know help. So that's what we've done what an incident templates so what you can do tenant moving him about crime watchers can tell them to. Keep an eye on their retirement pay anything suspicious because I don't want him. It's a knife can ai and I think that these tenants that are here because there and it's it's I think we see the company now. But they watch you know their cars better. You know the people that live there and I know that if anything suspicious going on over port and they've put out of you know. I'd like that idled on my mom wanted to see something suspicious that they all accounts for each other they you know are close with each other talk about you know do we've added. I'm picnic tables and party there is so that the tenants can angle and go outside and not to be you know inside their unit. Not have anything outdoor especially if they have pets now they wanna walk the property. Something this specialized list. If they can watch improvement though that's perfect. Well we would just bugged over the sect leaders on Justin to introduce intrusion. Took on them. Another project this year she can be passive and property here. Where she moves and she did the renovation and half of the units which were down. So. 24 units she did to told Ria distance if she because it's a two members. Working together to accomplish to go about the huge lead investor he had other partners I assume in Europe as a partner. But yes you do reactors you're so good at it. Well a lot of people that know me amount of ankle after properties and that's my eighth we have is my passion. He's seen what I did in my community and what I was able to accomplish it wanted that to happen on the the 24 units expressed. Boarded up property and and it got me to help them at this project he would take care of their remaining portfolio and artwork on the down in that. And basically we finished up in April we started in July had seventeen and completed. Renovation in April 2018. And a lot supported it one unit from being hunted respectful. Let's grade level appreciation for coming on the show today. They're for the road to go out there remember this we're not doing this for some money. We're doing pro life down real estate investor radio shows remember that this show is for entertainment purposes only. I should not be construed as legal investing more tax advice results may very well. 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.