Lifestyles Unlimited, 6/16

Lifestyles Unlimited
Saturday, June 16th
Lifestyles Unlimited, for June 16.

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

Welcome to lifestyles are limited real estate investor radio show. A real estate investment pros. Listen and learn how to use real estate to build wealth and passive income streams for you when your family. We bring you experts everyday to discuss and answer your questions on everything from single family home. Homes all the way up to 600 plus unit apartment complexes. And now. Lifestyles are limited real estate investor radio show. Delta limited real kid doesn't radio show under fulfill one dream is always working on your financial freedom. My friends of I've been working through me. Problem in my life. Has led me to some Tiffany's that are really wanted to share with you guys. The challenge and I have been too long story and hope you can make it to the polls showed here that the end of the caller on the fixed it. But the whole story starts way back when it cancer. And I decided that because they didn't have much time left and had money that you expended something. Aside those who start collecting model trains and put together model trains that. And it started over my other house. And start by putting out something of the Christians should be a big giant living room with my opinion but the Christmas trees you know religious and the trains that are here. And we did. And then it went crazy I started by more more track until you know all or else. That I serve by an additional trains. And pretty soon I had a whole office filled with boxes. Trains. Some which I've never open do you know we won't do and there. And you know. Because lives you know going through this thing going through cancer and everything originally thinking the other picking computers it is. Life hasn't Roland at this point gonna be good here a couple of days years we would have it's going to be I don't know. And so legend of content and also in. Win. I came on the decided that. We decided we're gonna move into larger I wanted to. Our home work a little setup of prints it keep it simple time so we look for garage or launch at grudges and me in the twenty car garage. Actually we're looking at houses were looking preference als is a a car garage a larger regular credit card Roger we could do we want to do. What I wanted to prove that. And so on. We found this house and I started building this trades this layout. And interest to clean up a couple more more more stuff. But then I found it figured out in the middle who's process. That I had collected four different kinds of railroad equipment. There was cheap toy like stop. Then their ways you know miniaturized. Scale stock just slightly smaller so he could put the track. Have. You know tighter crude contract. Then there was scale. And in the which premieres scale which was just super high quality stoked it but you know look almost real. Sounded real smoke sounds everything just was unbelievable. And that is a Dell muscle go you know what I've got all the stuff I don't want this doesn't look good mix together. Got to pick a scale what are you wanna do so I decide to go to premieres doctors you know and rude looks me. And so I had to sell back all the stuff I got on eBay. And soul all this stuff back a while I was on eBay selling all the stuff I saw all these other neat things what it's like bottled stuff. But the point and give you two guys is how many view of their living your life. Just Willie you wouldn't like that he had no real plan. Series they don't go to school that's like Misha figure minimum for in a layup. Can go to school you build this play out you take courses and we begin don't of course you could the end of that I didn't like what I studied. That is a good to be my life and I look at this model that a trying to model ago that this is that right. So I sold all that stuff back and above all the rights of now I'm in the right scale Laurie gage now our serve going this track. And I blew an incredible track. Except I didn't know any mobility products. And so when I got to the point we're. The limitation to the way I was doing it was starting to show. To the point where I can see. That it was cute child to continue. Because of continued doing what is doing those who continue getting what those getting it wasn't going to be the result when one it. So I just quit. How many news started out on projects like I'm going to get rich and that you. You go to data about Robert L jumped the cone common booed violence from the grand crowned chief Robert Hughes doctor Donald Trump doesn't matter which course you went to like double limited. And you you've had this idea I'm just gonna go by this rent house. It doesn't work. Because the foundation that you started with was wrong the property the ball was wrong. The way you managed it was wrong. The whole system was wrong she didn't have the right man the right place. And so you just quit. I don't know how many times in my summer in the last when some new people come to you don't remember me but I was huge for years go your memory of your five years ago ten years ago fifteen years ago. I started this about a couple of them walked away just to do anymore and because you did wrong. The people to do the right to two usually a rich. Lot of people just won't do it themselves and that's what I wanna with a string lay out I just wanted to do it myself wanted to build that won't be mine. A lot of people build their lives and builder well the wrong way but there way doesn't work. It makes no sense at all. Yet. They can't see that when they start out down that road. Five years ten years fifteen years sometimes 730 years later that figured I'd go there was a flaw in the plan from the very beginning. You know what I had to do. There's I had to send all that stuff back I'd take all attract back off. I put the wrong kind of tracked down didn't look realistic are the very realistic trained or don't know realistic track. M. I even went so far guys is to go up and meet the guided build build the best train layouts in the country Parker. He built Warren Buffett's train layout for him when worn both bought pianist that trains. And he built this way out of form commode. Commemorate what is called memorial as effectively bought that BNSF. Trains. And I met this guy and he eventually came down my house looked a mile layout and we've put together is it your great play and I was gonna have to go ahead and finish it forms a tomato I just do so long I'm frustrated. You know. And. When we did that. Team up with a price tag to do that. Got to go home that's just too much. American by two ferraris for Madison that's just beaten much money for a boy that I probably won't you very much. Public garage and toys and I'm sorry and I'm really into refute I mean I just I can do it. In the put off. And that's like so many people always had people fill the questioner for May have good to contribute to. Are you going to go ahead and buy an apartment complex are you gonna go and Barton are 101000 what do you do. Are you step up to the next level where you get a mentor to help you do right. Peoples and just too much money. I too much money for one. It's too much money to get rich. But see everything in their life they've ever done they get no result from sort of cost more than the comparable wimp. It's not worth it they can't rationalized. Because everything that parents told to do didn't work everything there. Professors at college told to do didn't work. Nothing to their financial planner does works nothing to account don't do work they have no results. So they can't quantity the value results. And so they just turn round. Are the same thing Hamdan and resulting trains. United they tried and failed tried film go man spend that much money is it grow even more but I don't even know what the resulting joy will be the just like you don't want to resort the result enjoy being rich would be like. Because you've never done it. We have no idea what it's like get up every day you know you have no equity live the rest your life. And that you can squander our new kids or grandkids your friends he doesn't matter you warm enough to give away he. What kind of feeling his I don't you don't have it. Because you don't live that way you're live in Dave Ramsey beans and rice beans and rice beans and rice second job. Get a cheap car. Do you live in the Dave Ramsey dream of being broke. By the way. When you're not old you pay off everything you get right back to read a little different too or you're broke. So. What happens is I put down we didn't do for a while they're last year sold onto Brill street made a ton of money. I say you know what. Even though I thought those lives nothing compared how much money I mean this year it's not even scratch. On the go and do this thing comes from one of those things in my life I'm gonna finish up from the finish this project. And a Terkel got back of us look. If the government is just an old drawings. His Muslim look on Jack and his wife called back to ya we've got at least opposite looked side yup and how many do this thing. And so she's under the agreement for the construction and said it was gonna take eight months and all the sudden I got emperor into beginning at eight months. I love paying for something right melanoma consumers operate most and you know folks are right then and there realized. Why people don't wanna be rich because you don't wanna wait eight months to be rich eight months it's too much to do something you want when you want it. And so you just don't even start the process. Now this particular Susan. But that was the I felt I felt just like you feel like Gingrich. Eight months a year oh my gosh it's a good diet I could stand alone. If it's O. You know of a little weird though it did. But what really weird to me out is what I'm gonna cover when we give back from the break. Is. The fact that he asked me abortion questions like. What we Rhode you wanna be who are you where you can be. What part of the country what you hero what you're resisting going to be what do we modeling what you wanted to look like what you want in it. And who you share with. And you know it couldn't answer those questions. And that reference. It's the real problem. If by asking the same thing you couldn't ask some questions either. We'll take short break. Be right back once delta limited. Loosely especially you feel. 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 do you awards. Ten of the last ten years it's easy to see mark being 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 event schedule. For over 27 years lifestyles unlimited members of my exclusive access to tools that is named in multimillionaire. Real estate investors. Those tools and lifestyles discovery. Best investment properties to discover. News to make profitable real estate investments. Go to getting the best deals dot com to sign up. In the best deals in dot com. My blood doesn't look real investor radio show today we're talking about. He's been playing for your life. Are you wondering generalities. And I'm using the example of me trying to figure out how to build this. We Rhode that I wanted to build this model railroad. And making every mistake could it possibly can make that continuing. To. Make the mistakes to a point where it finally gave up again time and time and time again they gave up on this project. Because. I just didn't have to play and so I'd let the blitzer who's got. You know agreed that sized contractor had scheduled this thing for me. Air and they chose to take eight months. That you'd like to add that you've already made me quit because it won't take couldn't wait for that instantaneous gratification went up item building we'll leave it done. And then he started talking about how there was a planning phase whose three or four months long thing. What it puts me don't play any phase. Pieces yet you have to tell me who you want to rear road to be. And you have to tell you where this railroad going to be set that would what are you modeling what part of the country you modeling desert mountain city what. What you wanted to look at what he won unit do you have specific scenes that you want to occur. And what are those scenes that you want. How much are you willing to spend. Your how do you leverage do you want it. And who are you going to be using where who share this with the and they would ask these questions that I knew right then I had no idea is to be answered any of them. And yet. As like fumble were relatives. I started thinking. You know this is exactly like meat consultant so much about becoming well. It's amazingly similar thing. You're sitting out there right now and you listen who's thinking yeah I think I wanna be a ought to be ripped. Just like I'm thinking yeah what have railroad layout. But you have no war. Specific information and and at all. You know who do you wanna be if you were to step down thought about who you wanna be. Who do you want a model your life after. I don't wanna be like Donald Trump. I would hate to be that person. I don't like we actually like we looks like we treat people. Right there's lots of the people don't like you'll I don't care how rich they. They're not likable people I would like myself like that. But then there's JJ block. At a go whoa. What I love to model that lifestyle. Everybody likes you. You're small or large county national hero. You're super athlete. Physically fit. Great body. Friendly guy who cares. Well. I just pick the model. I want a model that kind image and I know I can't beat 27 years old we'll all over again. But I can characterize. The type of person I wanna be what I wanna look like I wanna carry myself the real record of out of the people. Have you thought about and who do you wanna be. Or or are you just a conglomerate. Of leapt over. Personal dent in your life. You can shape to do some mishmash of what ever did you car. That has no real. Meaning for being life. It just. It's amazing people have been playing with so little coolers and where are you wanna live you know when I was a kid. There's intelligence and when you get out get rich so I researched. The five fastest growing cities in the country made it planned to go visit and spend at least a month and each one of them. Or at least a week each one of them and decide which one I really wanted to spend the rest of electric Lenovo going to be building business. You gonna have to pick someplace to ground yourself. And did you know and did you know. And so I pick five that's going since I kind of confused and it ran out of money for a guy at the last two it. Okay because it was I was right decision he made me rich. It's incredible city for money. So I picked where I want to live meaning you live to see you were born. I'm so glad I don't live was born at Ferguson. Man. Ferguson Missouri right now she's Saint Louis all the arrived. I'm glad I didn't know where my parents ended up with a job up to Madison Wisconsin. That's insane liberal location. There's nothing but liberals live there. Map. I'm so glad I picked a place to live. Have you. Are you just in the left over result of somebody else's choices somewhere along the way. We'll take a short break grip be right back. We lifestyles a limited group stage victory here. 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. 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'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 a 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 white styles unlimited Austin dot com. Thirteen seventy. Likewise album with the roof investor review showed that he was talking about. Having a plan life as opposed to having an unplanned life. Am telling a story about how frustrating it is for me gone through 45 years of one to build a train layouts. And just every time. Figure out that I'm doing it wrong. And every time wondering how many do write the next time and starting and stopping quitting and then realizing. Through all this frustration that's exactly like. What you're doing with your life financially. You start and stop the thousand projects don't know which one's gonna work which went to work you eat it just. It hasn't worked. And sad that you wake up 345 years 102030. Years later and figure it still has a work. It's not getting done it's not coming to completion. So in the story I was talking about it a beat this guy you know to do this bill distract me I should look I changed a lot of Columbia community and charred before number of he's in but if it can take four months to play in this thing and I don't even have to be getting answers the questions. If you have. A realist a couple of things when I realized that you don't want to build to build a road to blow the whistle because I was up there looking at it try and design and bring what I wanted to realize that the ruling that the design of life miserable life the design of the railroad is the whole real world. It's the book on designing. And then I realized that. The way the construction I used to go on so I think avenue part of already done got to start all over anyway so it really doesn't mean like I'm losing any time with you. And also up I'm just gonna take it apart into bright this time. Now they know all different things I've done wrong that loosened up about six things that I did wrong position when there will be back and that's exactly six things we can tell you need to change. And if you would is when he was just because they've just taken the time to do a little bit of thought and research on it NC with a different was what I was doing wrong. Before just barely into a normally people do it while Byron Nelson W if you would be doing. The by the wrong kind of red house to put the wrong attitude and ended the do the wrong kind of make greater within they don't know I'd release it. And they just fail. And then they give up. Because if I failed to rent house and have got to be a failure of an ultimate credited make money and so they just quit and so I just quit. But then I got that has got to look at what we do. I concede. Now that I need to consultant. What I need is somebody to Cuba and every inch the way to do this thing I don't want to do it for me. I want to do what I do with people I help people become millionaires by walking them through the process. I want to walk me through the process only pay you for your fallen to console. And guy you know our budgets and always has been under thought that puts pretty good idea. You know. And all these years he's been doing this is the number one guy in the country he never consulted anybody people ask him questions he should give them free answers just gives you a nice guy. But he made all this money by giving one person to buy and dilemma builds before and they build bigger level later right. Take me here to do once we need one customer yours say yes. And then everybody else you're just asking questions and to build clientele base. But he never used that thou shall guy can create a whole other form of income by consulting. And helping people get these things done right until we agreed to do this in I filled up were we have a little thirty minute intervals we get together. And I went back and absurd reduce some of the design magazines and I picked up on something one of Americans who made sense to me. He said do or what railroad. Lay out is is a series. Of dire Ramos along the track. And would have died around it is it's a little scene it's a little miniature seeing that you build you modeling. And you build the structures of the buildings and double diesel people and things that go into animals and each scene. Is in dire Ramos someplace. That you wanna go or you wanna see. And so I started one of my garage and into polished off the track I pulled all my equipment out that I was gonna put my trachoma different buildings and stuff. And I started rearranging around the track. I started seeing some stuff I really don't want it doesn't fit. The original theme to this day. And realize. There can't be a theme to the entire thing like they're telling you if you want when I want which is to model bunch of different stuff. So let's start realizing that I was gonna have to of these little local buyer rumbles of different things a certain deciding what I wanted to in my life. Overall my train. And I came of these little scenes and figure out something more interest in there's only room for three or big scenes on train track. You nibbled on the world around us but no doubt that many big ones. And then he hit. It was the big rocks there all over again it was parallel in life all over again. Reid demonstrating Shockley what I already knew he got to get the big rocks in first. Before the levels in the sand and all the other stuff I've been going to the same backwards from the very beginning. And so have most of you when you look at your finances. Who we come back we'll start working those solutions. So that you two could be right back to life skills limited rules investor redemption. What would happen if you can show for tomorrow for the next couple of days or weeks a couple of months. I hear it how long until you lose everything you or forcing a fraction of its kind of earnest. This fear keeps you up that night it's time to learn the strategies and teach at lifestyles unlimited. Start with the free workshop goes to lifestyles unlimited Austin dot com and find your true financial he's like so many of our members already. That's lifestyles unlimited Austin dot com. We know you're out there hiding in plain sight reading a life of quiet desperation and wondering if you're going to keep your money to the great. There's a better way of federal life at lifestyles unlimited. It's time to live a life you deserve you can only do that by creating passive income let me show you how it's just two hours. It can't be worse than another meeting about meetings or another mine was right in front of the TV goes to. To lifestyles are limited Austin dot com that's lifestyles unlimited Austin dot com to. Thirteen seven. What about the less a political solution miseries that showed they were talking about. Having a life plan. And a pair alone along with the frustration I'm going through personally when trying to developing a railroad layout for myself. And I just brought up the point that. What I found to be true is it. Wooden railroad layout really is it's a series of die Ramos a series of scenes. There you go around the track and you see. And then I realized that. These got to ram is although you can have many of them on a track or are nearly out. You can only have a few. Big large ones main scenes. And I came to Israel safe when I went out there and I sort of just putting the stuff out on the table and see how much period piece injection take two models something that I wanted to model. That is sort of think about when you don't pitchers like life that's the big rocks they re all over again you gotta get the big rocks in the jar first solicited they give him. Maybe there's more parallel here than even that and that is your life is a series. Your whole life. Is a series of scenes. And you just live life from one seemed to the next to you got his son what scenes do you want. But first of all when you're doing your design your life forget who do you wanna be. Who do you wanna be I wanna be JJ block I just came to me today due to show. If there was anybody would model my life Petro would remodel my life have to drink it like. What an amazing fellow interest and we're do you wanna live I picked Houston. Other people pick other places but at least I pick someplace it was very successful for me. What you want to look like. I would look like an athlete a wanna look in shape. I would look clean cut. I would look like a the best I could possibly be. They'll widen some people wanna look the worst they can possibly look. Some people get fat on purpose. Some people don't care just get back for no purpose. Some people are tattooed over the body appears all of their body and they will weird color here why do people. You take a person that you could would do. A mostly could possibly do look good I'm. I try to muscle as acceptable possible for someone who was not born with two wealth of looks. But I try to look as. Good to take care. Why do people. Make themselves look bad who do you wanna look like what do you what do you like. I mean. Thirty communion days said. One of the biggest problems people have we Johnny got the detection two or three hours to get ready. To go out because yet put on all the make up of all the the eye liner although we're all the scars and all that fair to adults in leather jackets are. As alleged and everybody about a comedian brought up but I do you goes. Guys 48 years old he's still dresses like he's 21 jump street. Is it I think there's an age limit to being cool. Well there isn't a visual limit big cold there's people who try to look like a kid and be cool right. And so have you changed your looks that you were thirty years old. Now you're forty or fifty or sixty what is your look. How much money you want. And Gibson Dunn about how much money is enough. Enough money so that you be willing to give up working Natalie gun show yesterday. And as you know Bonaparte and I've with fifty people are all millionaires. When you first came here you did you were very skeptical than you this would work. As a W better runner while we've done some Michigan two to three apartment complexes do you actually now believe somebody you can be millionaires should deal. I figured that individual my. Financial statement. I am a million. From a person who didn't believe any of this was gonna work choose a total skeptic. Now she's in the inner subway restaurant business and what about you. We knew you didn't quit your job or do you just like to work. And he did get an answer. He really didn't have an answer it and the good in real thing here's here's a data person so look. You make a 100000 dolls a year that you only take home 60000 altered after income taxes. Social Security Medicare taxes. State income tax. And you're 41 K contribution. You're taking of 60000 bucks a year. And I say knew if I can give you 60000 a year of passive income tax free to where you got to keep it all. Would you let your job. And they can answer the question. No I need to make more than 60000 dude you're making 60000. Barrel. Q any of you out there actually know what you're living on what to actually make after Texas. You've never really set out of what the number would be huge body of work. But that's what has to be done for historical Leo. You've got to know where you go and got to know which one tablet. We come back. But you can share with the he's a short break be right back like they'll political think that yeah. Top thirteen seventy. Okay. I. What about the less like myself a look mostly goes really showed him we've been talking about playing your life. And really what comes down to lose it through my experience of seeing how unplanned. Maya a project of building new model would erode it was that I figured out. That most people whole lives around play and especially young financially. Because as my consultant consults you on putting together a real road model railroad. I'm brutalizing your success could say things seem problems of people have they come to me personally have no idea who had no idea who they wanna be. You know what they want to like to look like really wanna live what their dream life is. You know they have no idea of what level of fitness is worth going to actually have normal level no idea what level finances and well is worth going after. They don't even know who to live with I mean life is like who did you end up with. I know many many people are miserable and very unhappy either being alone or married here can be miserable either way. You you don't have anybody in your life but then you miserable does that or you have the wrong people in your life miserable because of that. So what choices have you ever sat down and made for yourself. And I envision. This dire Rama. Of my life that I think OK what are some of the things I really like I really like being fit that's something I can picture that in the end I can feel the insured minute. Nor will it take off my shirt because when the owners. Whatever that. People won't matter guys will be open old dude you know that's cool thing to me it feels good it felt good we Lowe's body go when I was really mobile. But you know working out the gym but it's. The rush you get from this guy Romo good luck to rush from B I I think about things like. When I knew. That I had all the money in the world that I didn't need any more money and that. I can quit working right now for the rest my life not the money and still have enough money to give away my friends and family. I remember when I used to hate Christmas. And I hated myself for this but I needed. Fearing that I wouldn't have enough money to give gifts everybody where everybody was debating its time to give give senator everybody could guess that make me feel terrible now. I loved Christmas could I see myself is you know saint nick giving stuff the people. I like what I see. Now. Right but I had to work to change. I'd like when I go to cobble every time I go there. I like being there alleged skiing every chemical used to that the crisp cold air mound here goes skiing. I do like being there I can go back once beauty each of those things and just enjoy so that was what themes in your life. Give you great joy. To love every great kids over for that one week of the year. Go to Cedar Fair only for holidays. Too like traveling. What is it gives you. The greatest joy in life. That's what I wanna know. What gives you the greatest joy in life. Never got some calling here we've only got about a minute to thirty seconds left so good quick answer does help we'll be anybody. Yes I want novice who will stay. I don't have a clue about what I'm going everything. I just wanted to know exactly how do I get Garnett. I was listening to a few podcast. I'm a friend of mine. Who actually. I don't know if he's going to what some copy equipment bigger podcasts and everything and I happen to listen to you can be downloaded everything. I'm extremely interest there and I wanna get smarter right away with supplement dire straits with my financial situation here. All right and her photo when you do you're gonna when you go to our website W I NC dot com. That's held view on which of lifestyles limited incorporated. LUI and C dot com. And there's a free program there. And also when you contact us take the free program started studying that contact is mortgage into free workshops somewhere. Okay great if we start with redundancy and if you like it you pick it up very quickly. Okay thank you appreciate that there are no problem because that's Dennis from Pennsylvania guys they were all over the country now. That's what I'm loving about this thing that's an excellent I see in my life a CBO go anywhere in this country know that I'm helping people help themselves. That's another dire Obama. Until you've got to figure out what it is in your life you want guys. Figure it out then we can plan it didn't we can get out the software and draw it up for you. And then we construct construction. Too many times life. We start construction before we even have a plan. And many times we have planned for we know what it is we want the results to be. That's what I learned by this painful. Excursions. A trying to build a railroad. I started without knowing what I wanted. And I started building. Before I knew what I wanted I started building before had a complete planned and I when I started trying to put a plan together of putting blend together without knowing the result. I was doing it exactly backwards of what should have been so few guys. Let's go get out there. Let's start working on the desire to what you want. Putting and I revs together what you want and we'll get with you created plant and wonderful day and remember we're not doing this for some money. Thanks for listening to the lifestyles a limited real estate investor radio shows remember that this show is for entertainment purposes only. And should not be construed as legal investing more tax advice results thanks 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.