Noble Capital Radio Hour, 5/13

Noble Capital Radio Hour
Sunday, May 13th

Noble Capital Radio Hour, for May 13.


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

It is time to embark. This. Let's turn. Hello I'm Chris Wragge glendening welcome to this week's episode of the noble Capital Radio hour where we explore investment strategies for the modern financial landscape. With me as always are my cohosts Jane Newman and Romney Navarro welcome back to show guys. Thanks Chris it's going to be fun again yeah I'm rising and be fine. All these are talking about something that I finally know it's something about it and that's why dads true the you know not always time. Nominated I'm I'm always kinds of seniors third tears as colonel watching you guys talk about things that. You pretend to know things about aha engines asserts hammering into some pretend to know that's gonna it's gonna isn't yeah another mark my words I know earlier this. I had a look things are tuning in everybody we can learn more about who we are and what we're all about done by listening to run any. Or earth you can go to our website and check this out at noble capital dot com. Yeah you know like guys can all. So text us you can text the word secure to 313131. Get a lot more information on what we're up to what we're doing and specifically join us at some of our upcoming events. They take place all over the state of Texas in your look toasty. Absolutely so last week and last week showed of one of the neck and I don't know cute little sayings or something that came out of Sean segment. Better than selling butterflies that was great I got a crack out of that but even better. Whom you know some of the the way we were kind of putting off of that that that was pretty good as a good episode I enjoyed dinner last weekend. Also enjoyed if you think people are social media. You'll see what I'm talking about but are creative team is even incorporating seventies quotes and sayings. From the show. And damn I showed it to someone the other day has a better than. But then selling butterflies. But what does that even mean I think well you're just gonna have to download podcasts find out for yourself the speed in the podcast we didn't and maybe mention that but you can find this. I and I teams sound cloud also Google play which is really cool so finally land there on Google play and then of course the big wooden dugout as pitcher. No that is the that is yeah sorry I don't know but we advertise on NPR a little bit and there are related solo okay worried so maybe that's what I really good at dating big. Driver amidst this together great night you guys I don't know. Does doesn't it then that's crazy I've got called out Fernando it's the truism is that who knows what stitcher I don't know it's lakers coach. Now or gender or didn't. Aria and anything's sure he I don't know so last week we discuss. Basically house flipping mistakes. On things that we've seen it go wrong Hawaii. Doing a flipping how's comes with a lot of risk. And it's why we have gotten really comfortable. I'm playing in that space though so we're an alternative finance company we specialize in three major areas right so we do retirement planning. We also specialize in private lending which will be too. And in real estate real estate investing in general so private lending what's that it's a great vehicle. Where you can participate in real estate investing without having to be the guy on the street doing the flip and taking. The majority the risk instead he can create. Reliable consistent in content. A really great secure basis and that's kind of what we're all talking about privately mean. And how that incorporates two really really great wealth management and retirement strategies and that's that's really were all about and that's what we have edgy even talking about at these seminars and Mitt Romney mentioned. Yeah that's right on in you know we. We get into a lot of things we talk about retirement planning that we particularly are proud that we set ourselves apart from. The competition in and the retirement planning field because we put a big emphasis on real estate that's a big part of what we do you say it like in the first thirty seconds at a seminar we do what everybody isn't what. What is this thought this is retirement pretty talking about we'll we get we get them to one of the first big decisions people are gonna make what made given to the retirement planning mode is are they gonna bring an advisor alongside of them and then as we say as their guide. To help them get through these retirement planning process and not only retirement planning but actually get through retirement all the way across the finish line. And we talk about the types of advisors are that are out there are so little little's tidbit from bully talk about here. But a little teaser it is you know there's really three types of advisors you've got products salesman. That sell products that's pretty much speaks for itself that most everybody is dealt with the product sales and hopefully got a good product. You know the chances are you haven't heard from a new data and give you plan you're not sure exactly how the products working that's a product you know it's coming in the mail anymore. When I let you know you know I'm gonna Barbara Ellis doesn't know exactly where you're Gloria about so. Yeah yeah and then the second one would be a stockbroker and the show's not about the stock market bit there's a you know there's plenty of evidence out there that that would suggest that a stockbroker is not here I deal. Retirement financial advisor. They might be great on that that part of the portfolio that's in the stock market and we have great in a stock managers and money managers that we can refer clients to. But that's not a retirement financial advisor or not. At all and so in fact we're talking about. There's there's easier ways that you can actually create income plans inside the solution right that's really were talked about in we'd do that one of the ways that we do that. In by incorporating real estate investment and that's what today's show's all about it's going easier way to invest in real states I think they're calling this one. Money that makes itself so it's not quite money tree and it but it sure feels like it sometimes does when it's kicking up that interest every single month. And I'm especially when you don't actually have to be as you said a minute ago the guy on the street journal hard work that's a perfect Segway into everybody's favorite. Segment right my first I'm battling Al that was your first one year old we'll get back to today's segment shot on the street we have not heard this but we're actually had listened to a keyboard thinking about out there when it comes and money that makes itself. This Sean on the street. Today we're. Their money. And every year that phrase put your money to work what does that mean to you. User for the purpose to make money off of an investment how much work this out of hard hit hardware good hard work has continued given examples lightly should be prep. Preparing researching what you're investing and know your business's right and that's the first triple I think when you hear the phrase put your money to work for you. What does that mean to you. Massive doses messed up stuff and it wouldn't do you are OK so tell me a little bit about that what kind of real estate do you invest in presenters but for properties. OK so here kind of a landlord. Yet my guess herself Julia how much work is it pretty easy. I just Seattle it's about trying to resonance for sure he's but you know I just kind of petty problems just practice problems as fast as possible life. I sit there and it just comes and yeah how many units do you have trying to break. Three units yeah that's also is that here in Austin another throughout the states accustomed Florida some north some here in Texas alone so I guess you can say that that's diversified media day in LA yes you must get those 1 AM phone call senior toilets broken right now. That has happened yeah come with the other means 1 morning like I did this in the count and want her house owners to take take a look at it. I can't fix it from Texas right when you're in Florida right after all right hey what is the worst thing in your opinion in just being landlord in general. Those surprised. Either vacancies are things that I love and disappear have to happen now Michael they. They burned the kitchen down but you know that's the worst case scenario yeah would you think whenever you hear the phrase. Make your money work for you. Any passive investment strategy to where. Hi you're putting it out there are new and something that is a high or higher risk area where. You may be able to achieve your significantly higher doubled its. Whenever you think about investing and how much work. Do you think people. Typically put into it and say that it actually any comparable model we'll see you what you're doing any other any other profession. On the couple people that I am dead are pretty much full time investor forum in the tech space stand a solid forty hours a week quirky thing. Companies that they're considering investing OK answer me this what do you do for a living I sums of around. Your software developers. How do you know so much about investing must declines that we work with are actually in the real save space and so and then also working careers just what you in the startup space having a lot of interactions win Angel investor isn't easy it's okay. Will you be my financial advisor to. Sean on the street. Hey you know that might be one of the best little segmented in movies he's done so far. I agree man that I added that that last I was greedy kind of sounded like a male Siri. Into her marriage on him yeah. I have a design and computer use and what kind of business here well actually I am a softer I think there. I know robot. Nothing got great great feedback he had a really good feedback so we is Alec wins three. Got a different perspectives you know affairs for those like you know just know your business. Number two we had a real estate investor which will probably dig into a little bit more here in a minute and the number three was. Essentially knowing that like creating it it was funny he's talked about having a passive investment what that meant to him and then deemed that he is like it's basically a full time job. Yeah as like while you know they got you. He is great I was surprised how much knowledge he had been obviously he's in the space so these guys that think we need to talk about your own conduct yeah definitely and we can do that dad at the other part was finding the guys that he has three. Feral properties music blog at some in Florida and some appeared in sounds that they said three degrees due to drop the fourth location location at. I did so. Stick around we'll talk about what some means it insists the second well be right back. Sound off on the news today with the topple online ads on thirteen seventy dot com sock thirteen seventy though right choice. Hello again this is Chris Wright when your host of the noble cavalry you hour we just got terrier from shine on the street any interviewed some interest in people that had some different perspectives. And what passive investment means today and you just joining us to show. Welcome you know we art noble capital and we're talking about. Alternative investment strategies wary full service financial firm that focuses. Online retirement playing private lending and real state so we tend to do a lot of shows that have a lot to do with real state and that's definitely what we're talking about today. A socially and easier way to invest in real estate. So we income or maybe to the first person here in second but that second one really was like a bullseye hit for us terms of an interview. I'm asking if he was a a rental property kind of landlord and I can tell you right now he's got three properties and he's a landlord that's not his full time job you know. That's that's something he's doing on the side. He's our team knows who pretty nice little and hopefully coupon he's getting a clip on that house and you make told extra cash but. You know he did some up by talking about how it was easy. And with any kind of does a full circle in talks about you know what I call barn burner you know where you live literally in the kitchen catches on fire and into your remodel project and Indians on some other things to ATS Torre about vacancy. Tenet turn over. Those types of things it's split that the point is. The new landlord tends to be a full time job tends to take up a lot of time. Led the rewards can be high as well. That's surprise vacancy at these are recalled yeah. That's a tough for me and yet you don't know it's gonna it was happening and then come Friday get a phone calls like nobody's here anymore yes and you knows how surprised they can see is a kind of 12 punch. Is the one pints is Celia. Cash flow in usually when you surprised they can see. You get the numbers to pines which is oh by the way we tour of your house. Or less than in a bad place and we're gonna completely skipped town on because if it's a surprise vacancy unplanned something bad happens yeah. And I am just telling you ruled them hearing generally speaking that's about him it's going to be a bad condition on the property to you and now you're like oh great and all I have was like a one month the posited is that enough to fix all of the damage. In now and yes that's offset though by long term appreciation you hope. If you bought right in here in the right area and you're getting that so there's there's some ways to combat debit. With the point I'm stressing here is it can be a great strategy if you have the tying the knowledge and the interest to do that. Down the capacity to so there's there's some EU need to be able to. Maintain these investments somehow even if you're actually pushing off to somebody else be your your manager. So many people I think I mean I don't know with the percentages. But those people that are getting the retirement age generally speaking and had some run in with real estate investing. Some at some point may be they flipped from house to house the house how's he knows guys that live and house for 34 years moves in our house for 34 years. Where they've gone 234 rental properties or they've just invest in a couple of deals. Generally speaking people are investing in real state specifically note is the easiest way is through rental property. Yeah it's nice and we all three of us right have been rental we did Lantos before all of us. And it's funny because now we're all private lenders that says something. At this comes up. You know bears every time we have a meeting with the client that's got property that's the landlord that we you know let's talk in the last segment about the types of advisors. That the third type of advisors a complete advisor or holistic planner meaning. This is an advisor that's gonna talk about anything you wanna talk to that you bring to the table real estate comes up all the time at the table. And one of the things we're proud of as we can go deep with a client on on the conversation and so. The way we approach it guises one when a client comes in with rental properties. We won actually grabbed the data the performance that often does rental properties and we we ran an analysis for the analysis for them and show them. What kind of actual return their making on their money I was gonna ask you edging how often do they come TU. And they tell you like Owens might operate on my property portfolio that I developed over the last ten years twenty years very rarely did do they have a proforma or a spreadsheet that accurately reflects the the true return on that on the property and what we're looking at as an advisor is it. You know what if we sell the property how much can actually pull out of the that we can. We could invest somewhere else. And achieve a different return vs pat. Believing that cash in the property what kind of return is that creating for you and a lot of people miss things like you know being conservative with vacancy in credit Lhasa really should only count on eleven months and then I'm not twelve months have been I'm right. And and how they stepped up there and count our that are you know the fees essentially what they're charging with you know cost of living changes with inflation. I CNET guessing the landlord who has the same Marie I'm not kidding this is an an exaggeration who hasn't changed the rental price. In a decade the ten years went by. And he enjoyed his incident but they're great tennis exactly because of their lack the tennis I don't agree landlord for a guy off Mike please can medium I'm on some my house Cameron for immune to be fixed rents for the next ten years threat in the grocery stores not gonna keep the price of milk flat free and so you know your your retirement monies eroding their wits inflation so. You do there's other things too they. People don't understand. One of the big fallacies I see is like well I I only bought the property for a 100000. So I make a great return on my money I bought it twenty years ago so it in their their calculating their return on when I made a twenty years ago instead of how much money. They could they could pull from the table wrestled it and invest somewhere else that's super comments he does suit every time concepts here that we we help people with. And I intended to be honest guys when we break down a couple properties usually there's one good one. There's one kind of mediocre and then there's one that's a dog that probably should be sold and reposition because this is not a good rental property here. And we showed them more or we can generate more cash flow from that that investing for the. About numbers which is great we probably very comfortable there but there's this whole other soft aspect of it too like. How much is it worth not to get a phone call mill the night at 1 AM like our armed guy here said. They hear between it's helpful because I insist if if they're my client I insist that unless they love those leaky total Calder urges managing those properties. Which some some clients do. Would they have to build and the cost of management and this and that and an aggressive price for for management because truly passive income. And management so we don't have any problem with that our clients have been some rental property and we we think it's great it's it's what we do. But when we compared to what we do actually getting into here in this segment in the that's prided landing. We are two private lending. As a manager was a a good property manager is to to a landlord. And there's a lot of parallels there. The the differences is indeed. That the risk level that you're taking when they're going out like this gentleman says won't easy this is so easy just go by these properties and you just respond when people need things. And that's that's really not a fair picture did in terms of being a landmark there's a lot of things that can go wrong. And especially market forces. You know when I don't let you know and Atlanta got a lane that sounds like a landlord. Post 2010. I you know I was like let's not let's not just totally dog. I rental car racers are pleased if it works it's a great spice cake if you can stresses with management fees after taxes and that's your insurance. After vacancy after maintenance and you're still making great cap rate buddy hang onto that property and again I think the other part is you know when you're buying it earlier on in life they are there's a place for the appreciation I mean we call it the accumulation phase absolutely and then somewhere and then in the in mid life. Right there's there's also played there but then that starts really depending on your bases in your cost and you're this you're that. And then later on in life that's what it's like you really have to start questioning what is this thing is it an income machine. Or is it an asset on the balancing dominant pass on to the next generation. Or do I need cash. Media that's that's the thing real estate is great it's just kind of comes in different forms it's it's. Vehicle and it has a place and it has a time what a place on your timeline. On your life you know so and sometimes it's appropriate to fall at different places and that's the whole point in terms of when we're doing retirement advisory. We're really giving you a complete picture in letting you understand hey here's an asset that we can make we can take advantage of in a much more efficient way. And turns income. Guess that's that's really when hinting at right because timing is important to you know you can to sell property that you picked up last year in the official investment tax standpoint there's there's things you need to think about. That Chris I'll tell you real quick before we go to the break you know we have clients come in and we'd run that analysis and show them. Sir did you know you're making a 2.2 percent return on this property. You move and then they had no idea yet no idea they're only making too amused better than having the money in the bank but they're they're literally only make him 2% on their money and that means that's probably not a good rental properties. Yeah I think so I mean there's there's no real number we say for sure yes or no extra mean personally if everything stressing and out in the Texas market and I can still eke out a fiery 6% operate. I'm gonna consider keeping it. Anything above that and insert strongly considering it right so you just have to have a decision and that's ultimately why you need to be talking about advisor so when we get back. Or talk about some of the benefits. Of true passive investing will be right back. Welcome back I'm your host Chris Wragge when this the noble Capital Radio hour if you're interested in the topics we're discussing today again we are an institution of focuses on retired complaining private lending and real estate they were really talking about. That green line between real estate and private lending but if you wanna know more you can find is that noble capitals dot com. Yeah guys you could also just go ahead and text as you can text the word secure. 2313131. And you can sign up for one of our upcoming events here in Austin and in Dallas this is coming up on the Tuesday may eighth in Austin and Tuesday may fifteenth in Dallas. Text the word secure. To 313130 when we would love to see either. And you know that's that's how you do it that's how you get in touch with the assists in his text messaging in one word secure to 313131. We also social media. Oh really you don't consider so we've got a picture of jade and every single week. And Richard you do Chris. And occasionally but that's we're you know we've been playing this game at the in on the fourth segment of the show. And we will get they're a little bit but we were were trying to capture our little quotes. And you can always seem genes. Game when he's crude he's at every time every week prayer cards or is that it's fun and we look to engage and is good it's really great Romney's is generally lame mine is boring and James is pretty good limos on last week. It was all I can tell users about food item. Since enchiladas how. But in school does the eight killed us who don't know I was I was proud being cited for two weeks and you know thoughts anyway no income plan no and show us. It's funny if he if there was a radio visual DS easier fingers to other where we always gamblers because we're complete innings. And we can't do that in your head. Of then that's great all right so if you're just joining us we're not initialize show no though he hawker an alternative findings show and we we do a couple of challenges and some fun stuff for each other but we're really talking about. An asset class from the an investor standpoint real estate and I know there's water real station is out there and believe me all three of us in this room. We're real estate investors all of us have had a time in our lives when it made sense in our portfolio but. All definitely declines held that we're working with the talking about people who are looking for an alternative investments slice. Inside of their retirement portfolio net income strategy which generally speaking. Is our target market. And we're saying look there might be a better way for you are entitled to about that on the segment we are talking about private lending we're talking about how you can participate. In real estate investing but she nude you can do it in a way that you may have never done before you can actually. Either bank. How interesting is that you can be debate camp banks don't take enormous amounts of risk. They give people loans so that those individuals can take the risk and read the return if they knockout apart but the bank always gets what it. Stay income you make those payments every single month well we've devised a way. And a strategy where you can be a private lender with us we'll be right there with you. You can be passive and will put you in a bind to learn talk about this break this down here in a minute and you can earn consistent returns were talking like. 8% on your money and annualized basis completely secured by real estate that's a really really interesting way to think about this. And at a low basis to say you're not in at a dollar for dollar the investment like you would be say in stock market when your buying at market price. You're literally making a loan on something at maybe at most seventy cents on the dollar. Really really great vehicle. That's the big differentiator Chris a lot of people ask are so when they start here and about as they say are cooler you guys are reaped. And I think Q would make fun of great need at this point in the Mac yeah you don't around 3.3 I. React I don't know how rat yeah I don't know that's. That's the south southern thing he'd make it to be on the show innocence and I know we consider. I think we actually have McGrady coming as a guest stars oh what is your bring every I it's again so I'm reading for those of you that don't know as a real estate investment trust and I can see where we're asked this all the time because essentially this is a fund. That goes out and invest in real estate but. That the big differentiator you are just hitting on his. Those reefs in fact I'd say 95% of them to not only end on real estate they actually own real estate. So they are indeed pain. Dollar for dollar they are on market value you're speculating they're saying we can Glenn develop this property. Arguably better than most people can and realize a return through that development dating they are essentially. The invested ethnic grounds for a guy they're guys that we lend money tends to sings it what it is yes and actually no it Reese duke. Take out loans. And they come to people at a sleep. I would even say one more thing about the difference between not so much re. And and we do but lending vs owning a mean the regional ones that are operating the business the ones that are in the weeds trying to get things done and David Poole is. Green who claim that who cleans it up. The owner or the bank it's always the owner right yes they revolver awards and also. And benefits but they also get crushed when things go wrong the bank is slow and steady. So I don't know I love the I've always loved the place of being the lender. But I can see why there's the confusion agreed to especially since we act at a find you so differently at that financial institutions. Similar yeah I think in a Reid is also passive that's why we get compared gat a lot we're basically saying look you're gonna put your money to find. And the fines gonna go do the work the differences the refund goes out and develops property. And also by the way goes in its loans and things at our fund. Is actually the one that lends money to developers that are going out and flipping houses like the stuff you see on television. It's not exactly how it works but we actually give those guys and and I literally mean those guys we give them loans. A lot of times and their flipping these houses and you see these these budgets. They're coming to someone like us and saying I need a loan to go purchase and improve this property. One of our clients actually speaking of which so we you guys are listening probably know this but we have our annual herb biannual skater company needing. Every six months we've got her next from coming up in July it's going to be an Austin. And done we're actually working with one of our clients who is on TV to try to bring them on to bring them. Add to the event so you guys get it can meet and greet with you know these these celebrities on HGTV that are living house is all over the state of Texas. Yeah and you mentioned it's in Austin but we saddle casting in we have a facility in Dallas as well so for our listeners that are in the Dallas market which we know there's a lot of you guys out there. We also have a space in Dallas he can come to and you couldn't hang out and meet with our staff and so forth but you'll see the entire presentation their BO we generally hold that. In Austin which is where our our headquarters as. Yeah I think it's just need that they get they kind of touch and feel and see how these people are in their own kind of natural habitat because these guys are real people doing real things and winning constantly so. I'd love to put that in front of our clients and our you know our friends and in just our listeners anybody's listening I want you guys to see what we've we're we're all about good Saudi find out I can come to that event simple I always tell people to Texas it's easiest way to do it detects the word secure SEC URE. To 313131. Text that's in that'll be the quickest way to connect. Yeah I mean are you interested in learning how to have a passive investment true and Leno like the guy I think it was. Maybe the second the third gentleman that was interviewed on show on the street seems like. Yeah it's great I've got a passive investment and then by the tiny finished interview with the music it's basically a full time job there after a slate that's not a passive investment though we're talking about a passive investment where you're investing in a bind. Beginning diversification. With all the other people that are inside that finds any gained diversification because he goes out and does in a large number of deals all of your money earlier eggs. They're not in one basket right and then the best part about it is he gets predictable. Income so it is predictable income allows to do. Well. We like the predictable and I'm more put retirement plans together because now we can build that end as one of those income sources that's gonna. Actually provide income and a little office. And the thing that's so cool about private lending. Her for our retirees are our investors. Is that this is one of those investments were it's I can put my principal lure of security. And and then just live off the interest skim the interest most clients take that interest and actually live off of it. Some let it grow and defer in the fund gives you the ability to do that let retirements all about income and and I want all my income coming from you know things like the stock market or. My savings. Or CDs that the bank I've got to find some alternatives that. But I believe in that I can get behind in Texas real estate. Is a great story Texas residential real states even better. And landing at seventy cents on the dollar on Texas residential real state you gotta be kidding me how to I joined this club. Yeah you're just you're about to be quoted because he just gave I believe the quote to the guys. So magazine out in New York. I'm talking Chris early guys importing in or do all of it appointing or truly love there yes here and I'm filmed and I'm on TV action decision Howard Stern no one's watching on it and not at all or listening inflicted. I. It's an achilles' courted by some group are you parked well let's get. About the state of Texas real estate economy how it's still strong and it's still making national news I think that's awesome. Actually kind of curious manned by so if free use that are listening out there. But Chris Wragge and myself this is Romney we don't know as we don't meet with clients from an advisor role Jane's been doing that for over ten years and our staff has been doing inferred. She's going on fifteen. Sorry just sorry Wayne in to do are forever maybe longer yeah so long story short when you start said nothing comes streams imperious I which is. How many income streams is too many or is that even thing. Well I think I'll I'll I'll look this up for next show but there's actually a proverb about this and it's something about seven streams. Then come full flowing in to the river. Is what a wise man will set effort for themselves. So we need to look that up and follow up on her that that'll be in my five words and by the way I think directories and it's five is we we only have five can. They don't strap and a written out by a so good but I would say a minimum of seven if you wanna be conservative. Some people wanna see even more than that but it's not just how many it's it's where they're coming from not all income is is equal. So when we build out our income plans were starting with the old Trenton safe guarantee predictable. And then working our way over to stuff that's Maurer risky. For May be a higher return but it needs to be very well balanced just like any portfolio your income plan needs to be balanced to and risk adjusted. Yeah I always wonder about when you've done with a lot of these. In case designs if you will. What is what does that case reset or even warming is there ever been in case you're saying the 1011 streams which caught a blueprint ego. That's that's who we call it ladies and gentlemen the retirement blueprint coming give your own right but no seriously media for setup and a retirement blueprint with a dozen in constraints. We have from time to time you know you could be a good client we restarted my rental properties with our clients are men that have 51015 renal house's. You can look at all as one aggregate income stream or we can break those down line by line. But typically you're gonna see folks that that comment right around that that 67 had to say about ten income streams. For a safe conservative. Group retirement approach and then obviously for the listeners. The reason we wanna have multiple incomes brings is that if something goes wrong with one or two of them it doesn't completely take you down we're not gonna pitch in a pickle in in foolishly be putting all of our eggs in one basket. Tell him how things go wrong you know I love real state it's it's like what I've been about most of my professional life in one way or another end. You know things go wrong in real estate TU and that's one of the advantages of being an investor any debt fund where you're lending money. Is you've got insulation you know so. Knock in India would dive down and all of these but he's got diversification inside a defined you have diversification inside the assets in Guinea have other things too like. Our strategy has baked in asset management what does that mean he means it every single time the deal goes wrong. We work the deal out it doesn't just fail we don't just sell it for pennies on the dollar we work we have a workout we our clothes and work it out you do with the entire process we handled that. Furthermore. That's why we focus on residential real estate residential real say is one of the easiest asset classes. In real state to reposition. And to be cute and to make it an income earning. Asset and has because we only have placed a list. Yeah and I will say another thing about DV entire strategy. It's not that headache guys it's not the headache part of the real estate investing in the year about. I'm not I'm not your crapping on reels thing it's greed that's who we we live and breathe this stuff but their hard work. Is off the table you are making investments. You are not operating businesses. We make investments. And we operate a business of course but the group the business is not quote unquote realistic so. It's it takes all of the it has all of the a lot of flair and very little bit of the risk. Yeah like that so I if you wanna learn more about what we do in particular we're talking about here. You can find is a noble capital dot com we also talked about sending us attacks just shoot us a text message in one word secure to 313131. And you can start learning more about us and our business when we get back everyone's favorite segment. But your money where your mouth is where we can see how Ronnie comes up with a lanes code ever will be right back. And then 1000 dollars will go big cash. No capital great. Welcome back I'm your host Chris Wragge Linden this is the noble Capital Radio hour. Hopefully you're not just tuning in and you missed all of my digs at Romney on the previous episode. Or the previous segments but speaking of previous episodes if you would like you can download them there's a number ways to do this now and this is really exciting I was able to even show it my grandma she can listen to me. On this you can download. Our episodes. On iTunes. You can download it on Google play even some other platforms whose names I can't remember but you can also download them at our website at noble capital dot com so if you're not sure how to do that on your phone you just go to the website in intention down on the ups the right there. Are you or you're talking to me over doesn't adversely backed army and I don't know if they wanted to give you some feedback hey you know I'm putting. David yes guys text just text the word secure. SE CU or either one word secure to 313131. If nothing else join a sudden I'm coming dinner. It's a retirement blueprint dinner we host them all over the state of Texas specifically Austin and Dallas right now and we've got a couple coming up in May you'd love to host team that's that's our favorite place to meet greet. Yeah I is a really cool just to get to know you an event we buy you dinner on this what we're trying to accomplish here is. Do you like us and do we like you on the do we worked together because we got some really cool tools some really useful tools but most importantly. We have a really comprehensive well thought out solution. And it's that's what's important and so Jane's talking about from a complete advisory standpoint. If people are talking theory you're just thinking I've got this thing over here in the staying in a couple of products in a mountain of money that's great but you have to look at a holistic. Complete decision and that's really what we're all about and and we're not just gonna talk about the things that. Our traditional Wear and talk about things in a little bit different and that's real estate and that's why several of our episodes. We're aware here on the radio ordered her podcast you're hearing us talk about private lending and real stake and there's alternative strategies. They need to be incorporated. Yeah and and I guess we never really we do always talk about but we didn't haven't talked about a lot today but the retirement blueprint that's really the thing you wanna give you. When you come to win these. Retirement blueprint dinners we're trying to give you a blueprint. A blueprint to retire how you're going to set up your income streams for life you're seven income streams or whatever it may be that since you. But we we do want to give you a gift in that gift is the the ability to know how you can start dropping your income streams from wherever your announcing. That's right and one of the things Chrissie were you were gone through a lot of the features of private lending and why why it's so attractive when you on the fund marvel boy. One of the things that we could hit on for just a moment here. Is liquidity people think rule states not liquid. And that's one of the things we wanna lock my money out long term and real estate I need access to my money and of course we we do expanse of planning. An analysis around liquidity to make sure clients always have enough liquid assets when they need them. But one of the features I love about the fine as is so short term for from a real estate standpoint I mean we're only talking about locking their money up for what would two years. Yet tears and most. So like there's a tear lockup in the larger vehicle that we have writer's signature fund. On the we also have its arms and solutions that allow you to do it as short as a year or so but anywhere between one and tier lock up. You're gonna have the ability to be flexible. With this that you would not typically have in real estate when year purchasing real estate and looking at from a long term investment standpoint. You can't make a lot of those quick activity decisions and in quake is a relative term I don't matter wondered two year plan make a major event happens in your life and you need to reposition yourself. You can be stuck with assets on your balance sheet particularly in some other asset classes if your buying land for example we've talked about this you know for awhile. You may be stuck with plans for a generation in your family you know that you talk about long term planning you better do that right but that's why we like the residential asset class. Is because we can hit it relatively quickly we can repurchase it to do something that's going to be income generating. Even during a recession. Lot of really positive aspects on residential real state and how we go about being private lenders. That's great clients love the fact they can get in on the Texas residential real estate market short term talked in two years or less. And a very fair return I don't think anyone's even mention what we're returning right now. Yes I mean we've we've this this is worth a shout out into the audience because I know that people are listening they wanna get involved so. Column how they get involved know what they can make. Well funds than paying a little bit over eight and a quarter percent. For the last year and a half prior to that we were doing a slightly different type of investment which was also yielding similar returns we've just kind of grown to scale here recent lease so that we can make it available so it to just about anybody who can qualify in just about anybody you could qualify as an accredited investor. We legal overall as he tells wings are talking about these things. But the best thing to do it guys assisted come through the retirement blueprint senators we're gonna talk about how does set you up as that as that being client. Own as a guest of the house in how we can maybe sit chip for retirement giving you tools of the retirement blueprint. All right I like it well gentlemen let's tell them how they can how can they can put their money where their mouth this has gone first. While they get. Of course and so. I I did I did sheet as we were as Jed was talking I kind of tuned out nannies tell talked I definitely do not deaf little night psyche and I'd like to definitely do and how I started thinking and sub going right back to whatever was the first thing about about so here is. Here's what I think about private lending and in short five words a call that. The missing link in retirement. That's pretty good deal was pretty good number on it pretty good now. I hear other mind is whatever. But still way goes in years. It's a minor again topical like Romney's written years is more best news they like mine real boring but but on point. On point a born. So mine is. There is a better way. And I mean I honestly look there's a better way you don't have GICs guys count on the fingers as 500 account. It's that it you don't have to be involved in data. Will migrate. I agree we we wouldn't then we've been doing for so long we didn't think some good surge troops are you look at the three of us are normally you lawyers were private lenders that that's a lot to say and three guys they collectively has knows sixty years of experience. In real estate had decided. I'm gonna be a private lender you know they and it's it's funny one thing that we don't talk about too much is is our client involvement. And this kind of fun that we're having on the air announced this kind of tip of the iceberg with our clients have a great time with the stuff too so yeah and they become prevalent it is fine games seems kind of like a family and I. All right I got one for you ready. Took just thought that last five seconds by the chair so. Here it is passive income. Equals predictable retirement. Right now he's at equal size again yeah yeah oh yeah he's exactly the same thing that's a good trick. Not I was great in. Well okay that it didn't aside from that end and it was dead on via this often none is very true no judges the president of yours is almost as good as yeah. So employees. Should we start taking a vote on line poll and in good that's gonna be it will surveyed think and it's totally blind yeah Italy vasser a toll when Thursday I just a fun show obviously we're talking about our core. You know and what we where we can and came from what we do that's being private lending experts. But really excited about how we've been able to incorporate this. Into a broad plan and real full service solution. To a lot of our clients I mean we've got literally at this point hundreds of people in the state of Texas participating with us as private lenders how cool is that. Yeah and every one of those people first for all intents and purposes has eight income plan for life. And the beautiful thing to make in some action and their multi generational action that's pretty cool our next week on next week's episode over and talk about investment portfolio and risk management. Boy that sounds that's a nail biter how many uses words and a significant after UK is the time of the show is here five or less than an hour a day I don't know I think that we're talking about how to mitigate risk and in ways that we go budgeting in our strategy keep your money safe kept. Yeah I rank this is doing great things thereby for listening. I'm Chris I'm Ronnie and I'm David and you've been listening to the noble Capital Radio hour.