Real Estate News TV

By Real Estate News TV

Shana Acquisto and Mike Acquisto, Broker of Acquisto Real Estate discuss the most pressing real estate topics each M-F at 8:45 am central on Acquisto Real Estate TV, a blooming real estate Talk Show.
This podcast is all about Hot and Trending topics in the Real Estate Niche.

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Real Estate News TVOct 07, 2022

00:00

02:19

Often Overlooked & Costly Repair Item For Home Buyers

Well, hey there. Paul Foster, I got a question for you. It’s going to be the most often overlooked and costly repair item on a home inspection that buyers often look at. And the question really is like the buyers like ad, don’t worry about that one.

The realtor says, I gotcha. That’s okay. Right. And they kind of overlook it because you’re looking at something else and then it comes back and just like bites them in the butt. All right. Let’s talk about that. What do you feel that one is?

It could be one of several different things. I’m going to say that the grading and drainage away from the home is probably the most overlooked issue.

Grading and drainage.

You know, when you did six inches in every ten feet of drainage away from the home. So we got to have a slope, right? New homes will always have a slope. Older homes, all that slope will go away because there’s all kinds of settlement and all that stuff gets washed down. Right. But we want at least six inches from wood siding from the ground.

We want at least four inches from brick just to keep any of the past, the water. We don’t want water to wick up inside the walls. You know, we want we poles all the way around the brick. We want drip screen all the way around there. Also, just to keep the elements out, you know, to help preserve, you know, extend the life of the home without any issues.

All right. So drainage and grading. Most important and often overlooked, because what that’s going to take is it’s going to take effort. Right. And you’re going have to get out there and you’re have to do something. You’re going to have to somebody’s going to have to, like, sweat, right?

And you’re going to have to. But you’re only going to hire a contractor to come out and do that. But we don’t want a flat surface. We don’t want water pulling next to the home, to the home. We just don’t want those things to cause issues with the foundation.

Once we alleviate all that stuff, then the home will perform as intended. Mm hmm. Sorry. That’s a super good point. Thank you for covering it. Let’s hit the ball and move on.

Oct 07, 202202:14

Home Inspection For Investors

Home inspections for investors, investment buyers specifically. This is Paul Foster of Noble Home. Noble Property Inspections. And I’m Mike Acquisto. We’re interviewing him, discussing home inspections from the investment standpoint.

So we were just talking that there is an alarming amount. Well, from my words, I guess an alarming amount of home inspections that are done that are for investors specifically. Right. So in your experience, tell me a little bit more about that.

Well, I mean, I probably do 2 to 3, not 2 to 3 a day. I do at least 1 to 2 a day, four or five days a week, it seemed I seemed more of those than I do individual homebuyers.

So that’s that’s interesting. Right. So what we have is the inspector and you’re saying, hey, the way our business runs and it’s not necessarily reflective of the whole market, but he has one person with his experiences and their business model does have a lot of investors going through it.

Right, for sure. So tell us a little bit about some of the things that they want, some of the things they see, you know, the amount of different investors because you see a lot of different investors as well. Right. It’s not like the same one every time.

Well, when I get the software or when I get the template, I don’t really know who the who the client is. I just go off of their template and we go through the house. We we follow their guidelines and what they want inspected in their photos and so forth. So we go in there and we look at that. We’ll look at the, you know, the condition of the home. It’s basically a lot just like a regular home inspection.

But they want to see other things as well. They want to know the condition of the paint. A lot of cosmetics as in Trek. We don’t really you know, we don’t really prioritize the cosmetics of things because, you know, the paint and general maintenance can take care of a lot of that, but they want to know the structure of the home. We’ve got to get into addicts, of course. We have to look at the foundations, look at the walls.

You know, do they have cracks on the outside? You know, they want to know all these conditions of the home so they know about what they’re going to go in there and spend when they go in there, you know, and put there.

Now, there was something that you were talking about in particular when we were just talking a few minutes ago about the amount of pictures that some of the people want for each room. So talk about that experience just a little bit.

Some of them want just a couple of pictures. Some of them weren’t, you know, anywhere from 12 to 20 pictures per room.

All right. So just think about that for one second, 12 pictures or more per room. So explain that experience.

It just takes a little bit more time. But you want to give them a good idea what each room looks like. So if you go from each corner, you know, take a picture of the opposite side of the room, you’ll get a good idea of what that room looks like. But they would have you take a picture like standing in the corner facing down. And you’re taking a picture there. Then you move to the next corner, the next corner, the next corner. And you’re taking that many pictures in each room, correct? Wow. All right.

So, you know, now we see how investors are evaluating the properties a little bit more and they’re really looking at this report. Right. So sometimes you go through some of these things, you’re like an investor is buying it, like kind of not to worry about anything.

And then you realize that there’s actually a gentleman going out to look at the property like pollen inspecting it, and he’s taking 12 pictures per room. So it’s a very different experience and possibly perception and reality of what’s going on. So that’s kind of the process.

Oct 07, 202203:49

Roofs: Costly Repair Items

Hey there, Paul. Let’s talk about costly repair items and specifically possibly the most costly one. We just talked about foundations, and that can be expensive. But there’s others that are potentially more expensive.

You know, in my opinion, I think the roofs are probably the most expensive coming in with the foundation shortly after that and then the heating and air conditioning.

All right. So let’s talk specifically about roof repairs. So most of the time, you know, a lot of people would probably fall into the camp of I’ve never been on my roof at my home. Right. And so I would say most homeowners don’t spend a lot of time up there. So they don’t know the exact condition. They probably would know it if it starts leaking. Right.

That would be no. I mean, you know, water stains on the ceiling. And number one, cause that unless there’s plumbing running across the, you know, the attic.

Yeah. And then right now, a common cause of such problems would be like super extreme heat like we’re experiencing right now. Right? So we have, like 109 degrees that it’s been for a while. That’s not, like, great for the shingles, right? That doesn’t help.

That’s an that’s an honest answer. I can’t I mean, honestly, I can’t really answer that one.

I’ve got a quick pulse cramping up. So but we’re going to we’re going to battle through. I do have a feeling that the heat that that when it hits the roof, it’s not good for the roof because it just bakes the shingles and dries them out and then makes them a little brittle or You know, you don’t want to walk on it when it’s that hot.

You’ve got to be careful what kind of roof you walk on, too. You don’t want to walk on just every roof out there. You want to get up there in the attic and inspect the decking to make sure, no, the decking dropped. And so you don’t fall through when you do walk on the roof.

But then the thing that goes along with the roof repair, right, is I don’t know if I put aside my real estate career and just thought, personally, I don’t know if I know anyone that’s ever paid for their own roof to be replaced. It’s a really weird thing because it seems like it’s always runs into a hail situation and then it’s replaced and you have a deductible.

But I don’t know anyone that’s like, Oh, I just need to replace my roof like right now all of a sudden, and they’re paying out of pocket for it. It’s a weird thing.

I couldn’t imagine it because I mean, that’s that’s a great big expense. I mean, depending on the size of the house, the roof type and what kind of shingles you go with, you’ve got solar on the roof. I mean, the sky’s the limit as far as the roof cost goes.

Have you ever inspected a Tesla roof?

I have not. You have not. All right. I was just. Just wondering. Yeah. All right. Well, there’s no further questions there.

No, I haven’t even I don’t even inspect solar. That’s you know, that’s something that I require them to have somebody else come at that certified to do that.

I don’t want to give them misinformation on it. All right. I’m not educated enough on that yet, so. Well, let’s hit the hit the bell and we’ll move on.

Oct 07, 202203:07

Home Inspection Software

Did. You know there’s all different types of home inspection software and we have a home inspector with us. Paul is here to discuss the different types of home inspection software and the templates that reside in it. As a real estate broker, I just thought Home Inspector. And then I thought about track the track, home inspection, right? And I never thought anything more about it, but there is more to it.

So, Paul, why don’t you tell us just a little bit? Well, as a Trek inspector, we had to follow guidelines that are set out by Trek, you know, and as for the individual home buyer that we had to follow those guidelines for and we have a sop that we need to follow.

Sop, give me what that would be perfect standard operating procedure.

The when it comes to an investor or a company that purchase homes, you know, we can follow their guideline because that’s what they want to go off of. So that would be the differences between the two.

All right. So now you have this piece of software on the on your device and the company that runs that puts in a bunch of different templates that you could kind of follow. Right. Right. Okay. So tell me, like what some of the templates would be and what some of the processes would be?

Well, some of the templates are, you know, they want pictures of the house in front. From the front. They want to see the neighbor’s house. They want to see what the neighborhood looks like.

They want to know, is it a nice neighborhood or a rundown neighborhood? You know what? They want to know the area they’re buying in. And then from there, they want to know the condition of the house. They want to know the landscaping. They want to see the, you know, the perimeter of the home. So we we go around and take pictures of all that, document everything, and go inside the home and do all that as well.

And then you like touch a lot of things, right? Turn a lot of knobs.

And turn on every light. Turn open and close every door, every door, every cabinet, turn on all the faucets, check all that stuff, make sure all the hearts on the left side, codes on the right.
So you do a bunch of different things and everyone do. They prioritize different things in their template. Do you see like, Oh, this person really cares about this?

Or This investor really is worried about this?

Not so much. They’re they’re mostly pretty much pretty close to, you know, very similar very similar to one another. I haven’t noticed anything that’s just really outrageous.

We had to go in there and do cubicles, which is a floor plan where video of the whole home, you know, walk in video that each room, it seems to be something that’s pretty, pretty hot, you know. So we do that as well.

Okay. Well, now everyone knows there’s different software and there’s different templates and each investor kind of has their way of doing it right. And then they follow the template, take all the pictures to all those things and off they go.

Oct 07, 202203:04

Top 7 Real Estate Markets For Stability in 2023

The top seven real estate markets for stability next calendar year. We’re going to take a look at that and see where these markets are calendar year.

For 2023, right. Because what we’ve had is we’ve had growth, we’ve had things go on, we have inflation going on now. We have all these different concerns and sometimes you’re just like, can it be stable for just a minute?

Yeah, right. And what people are nervous about is prices going down, price is going up. They just want to know what’s going on. Right. Right. And so we have the top seven markets.

And I looked through this list and what I saw is this is kind of stayed true for a long time. For years and years.

All right. Well, let’s take a look at some of these on the list.

There were a few that I you know, that may be new players to the game.

So we’re going to skip right down and we’re going to get to code is number ten.

South Dakota.

Not North Dakota. Not South Dakota. Now, they had an appreciation rate of 20%.

That’s a very, very high appreciation rate.

20% it is.

And they have new houses. They have underwater mortgages of roughly 5%. So those are people I’m not sure how, but they’re upside down in their mortgage currently would be really difficult to do when prices are going up 20% to have 5% of them underwater. Don’t really know exactly how that would be.

It’s possibly bad data. I mean, even if you bought the housing, it would be up in value immediately. Right. So how you. Anyways, let’s move on.

Nine number nine, South Carolina, I’ve been hearing more people purchasing there.

They’re up 21%.

Yeah. All right. There’s a lot of there’s new construction, it says. But Arizona so Arizona has always been one of those states that, you know, they’ve seen a lot of appreciation, but it’s also remained stable.

Our 7% appreciation.

In that’s a lot 27.

And then imagine that.

Look at their their mortgage their I guess they call them underwater mortgages 1.4 and that’s pretty low.

Well, yeah, if you’re going up 27%, it’d be extremely difficult to be behind on it.

Number seven, Vermont, Vermont, new residents. What did it say? People are moving there to escape from the big cities. Got it. Tennessee, we’ve heard all about Tennessee. The Nashville area is booming. Second strongest overall economy in the nation.

Wow. 24%.

They’re crazy.

Those are big numbers on what these properties are up in value, right?

They’re on average, they’ve all been over 20%. Right.

Idaho, we know that. Gosh, there’s not even anywhere for four people to build their.

27%. Wow. Foreclosure rate, one in 6000 homes, underwater mortgages, 1.6. And the best state of all, Texas, that’s awesome. So 19%.

So I think it has the lowest appreciation rate on the whole list.Which I have no problem with that.

Okay. So think about that for just a second. If you think prices are crazy here, right, and you have to look on a relative index of what it is compared to others, I think everywhere else has been higher on the list so far. Yeah, this has been by far the lowest.

So if you’re worried about a price reset to the negative side, you’re going to have the smallest amount of that here compared to other places because it’s only went up so much. Yeah, I’ll take 19%. It’s a great appreciation rate, right? I have no problem with that.

Always remains been stable and I think we’ll remain stable. Yeah. Florida. Florida is number three, 25%. Pretty high.

Yeah, it totally is. All right. Let’s get to Washington.

Washington, 20%. It’s crazy. Economy number.

Three Utah. Do you guys know who Shaun Bradley is?

27%.

Shaun Bradley lives moved to Utah. Oh, yeah, Utah. Yeah. He was a client of one of my realtor friends.

Yeah. And starts per 1000 is 12.2. Our 12.2. So they have a lot of new homes being built there in Utah. If we could scroll back up and let’s see where Texas is on new housing starts, because that’s an important thing. Our population continues to grow.

And Texas, we’re at 8.9% or 8

Oct 07, 202208:45

McKinney Concentrates on Roads

Hey there, McKinney. You guys need some more roads, and I think we’re going to get them that Shana Acquisto and she’s super excited about new roads, aren’t you?

I am so excited. And I always love a great infrastructure project.

So let’s go ahead and talk about it. We have an article to share.
And we’ll get to it. So tell me, Shana.

So, you know, McKinney is growing and I think that they’re really putting in a lot of effort and thought into making it better than maybe other cities like they’re trying to doing all of this to attract businesses and show them that, hey, it’s easy to get from A to B and they’re really investing in that.

So I think they might have been a little behind the curve.

I think they were they were behind the curve for a change for many reasons. They have a lot of land in their property or within the city. And that makes it that makes it a little difficult.

And on a sidebar note, I want you guys, if you see right here, if you stop for a second on the car, there’s a link to the city council meeting that happened in June. I encourage you guys, wherever you live, whatever city that you live in, is to check the agendas every month when they have a city council meeting and see what’s on.

There could be things that directly affect where you live, maybe some things being developed behind your neighborhood, or you see some type of change or topic of interest. And that way you keep up, you know, you keep up with what’s happening in your community, but you can always find it there.

That’s where it starts. Everything has to go through the approval of the city council. So I think it’s really good to at the very least just glance through the agendas each time.

Yeah. So McKinney has partnered with some of their different local places and they plan on contributing up to 150, 150 to $300 million for new roads. And it doesn’t say the exact time frame for that, but they’re trying and they’re making a commitment to roads. And I think that’s important. Right. Because as you put those through streets in. Yeah, then you’re going to do better off.

And the upkeep I mean, the upkeep of these roads, too, I was driving, I don’t know when it was, but I was driving out in I think it was Irving like out in that area and it was like, man, the roads are so bad, potholes. And I don’t know, I think it makes a difference.

Oh, no, it definitely does. So Omaha did show me the time frame. It looks like it’s a what is it, a 15 year time frame to put this money to work. And it looks like 150 to $300 million. So we’re looking at $10 Million a year ish. That’s going to go towards new roads. And that’s great. You know, anytime you can get those totally all for it.

So interesting to see where and it’ll definitely help growth for sure. Definitely. And attract businesses. It does. There you go.

Oct 07, 202203:25

8 worst states for infrastructure

Oct 07, 202207:56

aquor - outdoor watering improved

Oct 07, 202202:41

999 for Roadside Assistance on DNT

999 type it in your phone and if you hit enter, what would happen? Don’t do it right this second, but do you know what would happen? Well, if you are broke down on the side of the road on any one of the toll roads in town on a Dallas North Tollway, then you hit pound nine, nine, nine, and they will come and get your butt out of that sticky situation to keep traffic moving.

Now, they’re not going to like totally fix the problem, but they’re going to help you and get you off the road and get you into a parking lot and make sure that you’re safe. And then you can make an informed decision on what to do because there’s a couple of seconds when your car has a problem, when you’re on the side of the road and you’ve got to say, Hey, what do I do now?

Well, now you know exactly what to do.

Nine, nine, nine. From your phone hit enter and you should be good. They will come really quickly and the guy be like, Wow, no one ever calls this number. And then for free, they’ll take care of your situation. Now, the reason I bring this up is because the other day I was driving back from Destin and I was like, holy cow, there’s a ton of cars on the side of the road. And I didn’t realize why.

I was like, Man, that’s a lot of cars. I just been seeing so many cars. And then I remember that the heat, it’s super hot right now and the heat is a problem. So let’s go ahead and share the screen and show what’s going on here. So that’s the exact thing. You may recognize this little sign or poster or advertisement that they have. You probably seen it a couple of different places and not paid any attention to it.

But now that we bring awareness to it, maybe it does help you out at some point in the future. But the reason that we have all the issues there is because it’s so hot that you have battery problems and then you know, we start to run and stuff like that. So the extreme heat and the extreme cold do have problems for batteries. Well, imagine if your whole car only ran on batteries. Hmm.

I don’t know. Kind of weird. So is there a potential issue for cars that run only on batteries in extreme heat or extreme cold? And does that present a problem? I don’t know if you went out and made an investment in a battery powered car.

We’ll find out in several years how that all works out. You may want to leave it inside the garage. I’m sure there’s something to that as opposed to leaving it outside. And if you drove it to work every single day and left it outside and put it in a charger because you got free charging, but then actually the heat of the summer drained your batteries or warm out faster.

Does that even make sense? I don’t know. Those are all different things that I’m just reporting to you. That’s all I got.

Oct 07, 202202:59

DIY Mosquito Control

DIY mosquito repair. Are you into that? Well, it’s not mosquito repair. Mosquito treatment. So we can treat and prevent mosquitoes at your property. So DIY or do it yourself. And mosquitoes. We’d prefer to have none, right? We’re now in the hotter part of the summer. It’s nice to get out when it cools down a bit in the late afternoon or early evening and all of a sudden we have mosquitoes out and about all over the place and it becomes a problem.

There’s a few ways to handle this, and we’re going to look at some in which you can do it yourself. Let’s share the screen here on the car and see what we got. I’m going to take control here and show you. We’ll show you some different backpack sprayers and figures that they present to you if you want to take care of this at your own property.

So there are several different versions of this. They vary in price and they go up and down based on quality and what they necessarily do. But if you’re looking in general for your home, you would probably go with some type of fogger along this line. And at $490, you’re going to get yourself a fogger that can handle the stuff right up in the top and you can use this and spray and hopefully help take care of the mosquitoes around the place on your own. So this would be hiring somebody to this service.

You just simply pour the concentrate in here, add the water and go around and spray. Maybe you wouldn’t inhale the stuff yourself and you’d fog it and it comes out not as a spray. So this one comes out as a spray. If you’re using this backpack sprayer in this type of thing, you pump it on the side and you’d spray it specifically onto something. But if you get the fogger that’s going to release it.

Like, I just like that it’s not a third time, I’m only doing it twice. And if you use that, you’re going to cover a bigger area and you’d keep them out and it would stick to more things and it would be, you know, dissipated in such a way. So there are different price ones that go up and those ones would handle granular. So like some type of powders or other things like that you’re trying to spray in addition to the to the items that are liquid based.

So there’s different applications for it. Now, these also have crossover applications. So you’re thinking mosquitoes are not my biggest problem, but they are annoying and I can pay somebody, I don’t know, 75 or $100 to come over and spray for mosquitoes for me. And it’ll solve my problem for a month or something like that. If you want a permanent solution and you are interested in getting involved yourself and this is something that you could look at to control it on your own as you desire.

You might also be able to take care of other things like fertilization and stuff along those lines yourself as well. If you are looking for a place that you would be able to take care of this yourself and where you could buy this stuff, then you could go to DIY mosquito, DIY pest control, and they have a website there. They have some offices around town. They have one I know McKinney in 380 and 75, and then there’s one down in Plano.

I think they have three locations. They’ll come out and do it for you, or you can go there and buy the buy the concentrate and dilute it and then go ahead and apply it yourself. They’re very knowledgeable and super helpful and I would highly recommend them. If you want to go out there and test it out yourself and see how those types of things go. But you could take care of your fertilization, you could take care of your tree insecticides and, you know, give them all type of fertilizers.

And then, of course, you could take care of your mosquitoes as well. So maybe this helped you out. And here’s a slightly different way to do it. These were also used as backpack sprayers for when the virus was around to sanitize and clean things up. So if you have concerns with anything about that and it could be used for additional applications as well. Ladies and gentlemen, that concludes us with that t

Oct 07, 202204:21

Institutional Investors Own How Many Homes

Institutional investor in its own. How many homes? Well, that’s a good question. And we’re going to discuss it right now to figure out exactly what that number is and who is nervous about it. Exactly. And why are they nervous? So let’s talk about this. We live in a free market society and we’re all about capitalism. And there’s ways to make money and there’s good investments and bad investments.

And all of a sudden, we have institutional investors that are investing in residential real estate, which previously, for the most part, had been where individuals would buy their own homes. And now we have this whole group of people that are buying homes in bulk because they feel they’re good investments.

Well, I guess that should make you very happy, because if large, wealthy, well thought out investments are going into the same thing, that is our industry, then it’s surely a good long term investment, right?

So that’s going on now. So flatter yourself because that is happening and let’s take a look at how many of their they actually have. So Inman is reporting to us that Congress targets investors and asks, where of all the homes gone at 280,000 is a number that are single family homes that are owned to be rented. So I believe this is the number of total homes in the city of Chicago. So if we were to think about it, there’s a lot of states in the union, there’s a lot of cities within each state.

And in particular, Chicago is a large city and there are 280,000 homes, all owned by institutional investors. So is it a huge amount? I don’t really think it’s a big amount compared to the all of the homes in the country. And people are looking for legislation to limit the amount of these that goes on. So why is it a problem? Well, because when you have a a market in which normally it’s one person owns one home.

Right. And now all of a sudden you have somebody that owns a bunch of them, then they could manipulate the market possibly. But I don’t know that they can become market makers and do certain things without, you know, without it really actually making financial sense. It is possible if they have a ton of homes in concentrated areas, that would be an issue.

So overall, I don’t have a problem with the total number across the whole country. Right. I think it’s almost irrelevant. But if they are highly concentrated in precise areas and they own, you know, 5% of the homes in a particular subdivision or 20% in a whole city or something like that, like just like an absurd amount.

Then they could start to control what’s going on there. But I don’t think that this number approaches anyone of those. But we do have to watch out for it looking forward, because that could become an issue if more of this becomes proliferated. And all of a sudden, if this number goes up by ten times or 100 times the number, then we could be looking at a situation where we have some type of imbalance within what’s going on. So, you know, that’s that a lot of homes owned and now we know exactly how many.

We do have a link directly to the article and we can kind of talk through how big of an issue it is. I personally I’m thinking it’s not a huge issue unless the concentration, like I said. So that’s about that. I think we have bigger fish to fry than that one specifically. And I think we kind of understand that real estate is a good investment. So there you go. I’ve covered.

Oct 07, 202204:05

1% July Interest Rate Hike

1% interest rate hike. Is that going to happen here in July? I’m not sure, but I think it probably should. Let’s talk about what’s going on here with the economy. Let’s talk about inflation roaring out of control. It’s just like crazy on fire. And we have to raise interest rates so you can rein it back in a little bit.

Right. So let’s kind of talk about some of the big picture things that are going on. And if we just look at like the whole world economy and the things that are currently going on. So we have inflation, inflation’s high and it continues to be high. And they’ve tried to reduce it by doing all these different measures like raising interest rates. And they raised it more than expected in kind of like a lot. And did it change anything?

I don’t know. Inflation seemed to be out of control again when they reported the the most recent number. I think there’s a lot of people that are kind of scared about this. So why is that important? Well, it’s important because if you have inflationary times, then what you have are your current money is essentially worth less if you do nothing. Right. So let’s assume that you have $1,000,000 just like sitting here.

And that’s just like a round simple number. But you’ve got $1,000,000 sitting here on this plate. If you do nothing with it and you wait one year and money now is worth 10% less.

If inflation runs at 10%. So now you have that same million dollars, but it only has the borrowing power or the buying power of 10% less than it had last year. But mathematically, because inflation goes up, it’s actually a little bit less. You might have 89%.

So now you have that, but you don’t go from 10% inflation to zero. Right. Or back to some type of normal number, like 2% that they really want. You’re going to go like a number like ten, eight, five, three. Maybe you will get there. Well, add all those numbers up, but add them on top of each other and see what that number is.

And suddenly you look at it like, holy cow, no matter what they do, it’s going to be 30% inflation total over the next X amount of years. Right. When you add in compound an increase on things and then realize we’ve already had some. So now you look at it, you’re like, wow. So the reason that that’s an issue is because it forces people to be active. You have to do something with your money.

You can’t sit there and hold on to it. It’s like this analogy all the time that I talked about is if you love the beach and you go to the beach and you pick up a handful of sand and you’re like, I love this. I’m going to squeeze it. I’m going to hold it. I’m going to do nothing. But like, I want this memory and you squeeze onto it, and then suddenly you look up and it’s all gone. That’s the same type of thing with money, if you just hold it is during these inflationary times.

If you do nothing, nothing at all, then what happens is you have less. So people are forced to do things. So to get this under control, what they’re trying to do is slow down the economy.

And to do that, they’re raising interest rates. Well, they’re raising interest rates relatively quickly because they realize they can’t get this under control.

So we have a couple of large things going on. Some of the larger things is the dollar is now strong. So the dollar compared to other currencies, it just keeps gaining on them. So we’re now back to near parity with the euro. So check that out and take a look. But like $1 equals pretty much €1 now. Right.

So they’re like they’re equivalent. Well, for a long time, I think it’s been 20 years since they were at parity. And it looks like the euro is going down even more. I might say it goes down to like 9.92 and goes the other way. And it’s because here in the US we have a strong economy.

We’re doing the things that we need to do to get inflation under control. We can talk about did we do it quick enough and are they doing enough to do it? I don’t know. But I’m just saying that we do have inflation and we’re tightenin

Oct 07, 202208:15

Electric Vehicles: Does this change real estate?

Electric vehicles. Does this change real estate? Is it similar to the railroads when they went through the country? We’re putting together this new charging system. Right. And GM just announced this, that they’re putting a network of chargers all across the country.

We’re going to talk about how many and how it could change things. Does it change it similar to how, you know, we had the the virus and that changed everything on where people wanted to live. But if all of a sudden there’s charging stations for different things in different places similar to how the railroads were. Does this change it? So let’s go ahead and take a look at this article that was recently published as we look into it.

This is like a large infrastructure thing, not this one per se, but the whole overall thing. So let’s talk about this. General Motors will plans to build a network of EV fast chargers at pilot travel centers along US highways. In total, they will charge there will be about 2000 in total and they’ll open up and they’ll be a pilot and flying j locations and they’re going to be at 500 locations nationwide.

Okay. So is this news? Is it big news? Let’s kind of talk about this. So what this means is 500 pilot and flying. Js So think about pilot and flying. Js And where you would normally see them. So you got that in your mind and then think about 500 and then realize that there’s 50 states in the union. So it’s ten charging stations per state. Then think about that and then name the top cities in your state.

Now realize how many that is. And then think about you just named how many cities, and I said there was ten per state and then add it up and then go divide the numbers. And how many charging stations is that per city? And then realize you only said like four cities at the most and then realize, whoa, that’s not really many. Then think about how many gas stations you pass every single day.

Think about that number and then think about how many pumps are at each one. So now you got that number in your head. Then take those two numbers and multiply them out and think about how many pumps that is. So like every single day you’ll see a gas station on one side of the street and one on the other side. And then they’ll be like, what? Every couple of miles will be gas stations all over the place.

And they’ll all have, what, eight pumps? Ten pumps, 1216 pumps. It’s just crazy. And then think about how long it takes to charge an EV vehicle versus how long it takes to charge to fill up your gas tank and then realize you probably need like three times the amount of chargers as you need gas pumps to do the same equivalent thing because they charge slower than gas pumps and then realize like, huh, that’s weird. Okay. Well, anyways, so that gets us back. So is that huge news?

Maybe not. Is it a start? Yes, that that would be great, right? It’s a good start. But what I was looking at is, does it change real estate? So if we kind of talk about that for just a moment and you think about I don’t know why I like large infrastructure projects. We think through history and we think about things like when our highway system was built and we put a ton of money out there and we’re like, Let’s build this national highway system to connect everybody together.

And that was super impressive, right? And I like those big infrastructure projects. Then we had things like, let’s build a railroad all the way across our country. Let’s put in a huge oil pipeline. Let’s do you know, before we had a canal system that we used to have and in New York, because that was important. So there was all these interconnected things and now we’re building this totally new infrastructure project.

Now, this is like one tiny piece of it, but we’re going to need to have a lot more. And how does it change it? I like to think back about how the railroads really did change what was going on across the country. And they made cities and it was super important if you got a railroad in your ci

Oct 07, 202206:33

Texas Grid Crash

Hey, Texas, your power grid. It’s like all on its own. And did it crash?

No. But according to this, that is really cool information. I hope you guys don’t get so mesmerized by it that you are not productive in your day. But own car is going to pull over here. There is a ERCOT graph that you can watch how the supply and demand is working of our power.

So I’m going to go ahead and take control of this for just a second and show what we’re looking at here. So what this shows over here is the capacity. There’s committed capacity, and then there’s Quickstart capacity and demand. And yesterday there was a time here in the afternoon where it got really crazy. So I’m going to see if I can go back to yesterday and get to where that was. There’s like a previous day.

At 3:00 in the afternoon. It was very close. Yeah. Power was going to just.

It was insane. Maybe I need to go back. I was on it yesterday.

So we’re trying to rush and get all of our work done just in case. I know. But this, anyway, shows what’s going on. Yeah. And yesterday it got really it was inverted where the lines were on the wrong side.

It’s like. Wow, we got up to a point where we were expected to have 82 watt for our demand and we couldn’t get up that high with the capacity. And luckily everything worked out because people conserved. We’re supposed to get our really close temperature up and maybe that saved it.

So this link will be in the description. You can take a look at it and see what’s going on here and it tells you if you should conserve and when you should or when you should not and what’s going on there. But this is a real problem for us. It is. So if we really talk about this and we go back and we just say, why is this important from a real estate perspective? Yeah, right.

So you’re going to get a lot of questions about what in the world is Texas doing with their power grid? Why is this a problem? How are we letting it be a problem? How did this happen in the summer after it almost happened in the winter? How dangerous is it if it happens in the summer? So in the winter things freeze like the pipes, but people most likely work out right and it ends up being kind of okay in the winter, as odd as that is. But in the summer, you can’t get out of the heat.

Well, it just keeps going. You do have other methods.

It’s really to stay a little warmer. You can put a blanket on. But in the summer, if you don’t have power, you can’t even turn on a fan.

So I’m not sure which one is more deadly. Right. If your power went out for as long in the summer as it did in the winter, it would be very dangerous for people. It is when it’s as hot as it is. So it’s a problem and you’re going to be asked by people. And I think the demand for things like which, you know, does the power go out in this property when there’s a problem?

Is it on a hospital grid or extra protections or do you have something like a backup generator? And I think those things are going to become increasingly more important.

Yeah, I agree. There’s a lot of people still moving to Texas. And if they don’t make a change, I don’t I mean, it’s just putting a lot more stress on the grid. So at some point we’re going to have a problem if they don’t fix it.

Yeah. So there needs to be a real solution to this problem and hopefully we get there. But from a real estate perspective, the grid is definitely a concern and the basics behind it is in Texas we do have our own power grid. We’re not connected to the rest of the country because we always believe that we’re like independent and free, like can’t rain us in and we’re. Yeah, it might need to let go of a couple of things.

Well, or just make our power grid better, just like totally operating.

I mean, look, we’ve known about the amount of people moving to Texas and the, you know, the strain on the grid for years.

I mean, imagine all this money that we should have coming in. In theory, because oil prices are high. Is there anything better to spend it on, as

Oct 07, 202204:52

Plano, TX Mortgage Industry Leader Lays off 75% of Staff

What? Oh. Mortgage industry leader lays off 75% of people and their office is in Plano. So we’re going to show some of this information off here. 70, 86, 70, 76% of their workforce. So we’re going to go ahead and share the screen and give you some information. Non QM lender fires three quarters of their workforce. All right. And so they’re trying to get ready for what they think is going on first.

Guardian Mortgage is the name of the company. They are headquartered in Plano. So I’ll bring this up to you because it is local and it is real estate related. Now a non QM loan also could be known as a business owner loan and they just laid off 76% of their workforce to try to help things out. So they are ready for a correction.

Right. So they said they’re having a hard time getting funding, right?

Yes, they are having a hard time getting funding. And it’s they expect to have some losses and what’s going on. And people don’t know exactly where we’re going with the economy. And they preemptively had, you know, operating losses and cash flow challenges.

So by the way, we had a guy yesterday that did this exact loan.

We actually put him in touch with a lender on Sunday.

Yes. Who was a previous TMT guest who specializes in business owner loans.

We were working a deal and kind of got in a crunch and called him and he picked up the phone on a Sunday night, Sunday night after 7 p.m.. And I mean, it was kind of incredible. So now we turned that frown upside down and got our deal.

This is one of the problems with the mortgage industry is if you work for a big lender, they do typically hire a lot of people during different times and then they fire a lot of people when rates go up. So their hiring would be related to lower interest rates and they’re firing would be related to higher interest rates. And it’s kind of a thing, right? And it’s cyclical on how it works.

Tough place to have a job where your job is based on the interest rate, not how you’re doing. Right. And so what kind of happens is people are like, well, if we’re quick to fire and we lay everybody off, then we can be around for when interest rates go back down. And then when all the people refinance, we’ll just bring all the people back, right? We’ll find new people. I don’t know if that’s the right way to do it or what goes on or how you should be conducting your business. I’m just reporting.

Yeah. What kind of goes on. So there are some people that have been laid off. If any one of you guys know those people, I don’t know what to say. Right. Like condolences, but the economy is good and you should be able to find something. You might almost be happy that it happened quickly so they can bounce back and find something else, right?

While everything is still as hot. As it is a sign of things to come. Maybe that you know, of. Of our stabilization and market correction, you know, you might see more of this.

Oct 07, 202204:01

811 Call Before you Dig

If you’d like to dig at your property, pick up the phone and call Shana now or 811. Yes. So 811 is a number that you would call if you do want to dig it all. And you think you know your property well, but you often don’t.

But you don’t always know those. We talked previously about the sewer lines. You need to you need to make sure before you dig to call and they will come out and do.

What like really quickly. Really fast.

It’s shocking how quick they are. You call and I actually did this on the website, so we’re going to go over here and show them off their website in particular. And you want to dig. Right. So you just click on that button, I want to dig and then you tell them what you want to do.

Yeah. And then once you do that, you fill out some quick paperwork and then the paperwork that you fill out basically says what you want to do. You’re a homeowner. What you what you intend to do, where you intend to do it. You give them some information and then immediately, boom, it gets sent out to a ton of people and all the different services.

Look up and see the utility contractors. Anyone looks up that has some something related to your property, whether it’s gas, water, sewer, electric, telecom, and they come out and mark all of the lines for you. So you know exactly where they are. And when I say, like immediately I was, I put it in and like an hour later I got a call from the gas guy. He’s like, I’m at your property. And I’m like, What? And I just could not believe how quick they got there.

Yeah, that’s good. Yeah, that’s awesome.

So that is how quick that is. The water, I think took til the next day. There was no other utilities there that were in in and around that place. But they mark them out. They talk to you about what you plan on doing, how you plan on doing it and where it’s going to be.

They Oh, that’s good right there. If we look at the colors, if we scroll down just a touch, what we have are different colors that they mark everything. So the paints a different color for each particular one for what it happens to be. So now you know where those lines are. So when you dig, you don’t hit them.

That’s kind of it. You might be doing this for a tree root. Barriers for foundation, barriers for putting in a new fence, for some type of landscaping, for digging up bushes, whatever it is, right? Oh, yeah, cool. Especially they’ll definitely call on that. But there’s all types of reasons that you may dig in your yard and there’s all types of reasons to also dial 811.

Shana, how do you feel about that? I feel that was great. You do? Yeah. On the web or on a call. Doesn’t matter. They’ll take care of it all.

Oct 07, 202202:52

Foundation & Root Barrier

Foundation problems suck, and we don’t want you to have them. So what we want to do is talk about root.

Barriers for your foundation and for trees. And it’s not too late to do root barrier after the fact. So we’re going to discuss that one. Yeah. And then we’re also going to discuss just because it is insanely hot out right now.

Yeah, we’re going to discuss watering your foundation a little bit more and some expert tips become.

All right. So that’s what we’re doing. Do you want to go first?
Yeah, let’s go ahead and share the screen here, Omar, if we could, and show you some area right here.

Does Well, the idea of the root barrier is it stops the roots from going any further.

How does that happen? It just acts like a barrier showing it stops it right in its track. So right on the screen, you can see this product here in particular that just like, boom, it’s like a wall. It’s like, no, not going any further. So it’s a fabric material.

And then on the material they have, there’s some stuff, right? It’s supposed to be allegedly totally fine and whatever that is. But it has, I don’t know, some herbicide on it where it doesn’t let it go any further. And you basically see over here how it’s applied and how it’s worked in. You can see that it’s not too far from the foundation or way from that area.

Yeah. It encourages them not to cross that, that barrier. And then you put it in so far down, I can’t remember the exact distance depending on the size of the trees, but it’s like 24 inches, sometimes 36 inches deep. And then what it does, it reroutes them and then it goes down and under it so it doesn’t come up and attack your stuff.

All right. So there’s a couple of different products. This happens to be one of them in particular that you can use. And what it basically just does is draw a line in this and it’s like, no.

So if you guys have trees that are, you know, that are growing rapidly and you start to see. So, for example, in our front yard, we have a border of stone, a stone border enclosing our flower beds. And it started to crack. Right. And the one of the trees was growing and spreading and cracking that. So, you know, it’s a good time to now go in and you can do that after is go in and put that barrier into try to stop any further damage.

Yeah. So if we’re talking about the roots of a tree and each tree is different and how they’re all constructed, but in general, wherever the canopy of the tree is, is where the root system is underneath it. So if you walk out and you have tree limbs over your property, right over the house, then you probably have invasion of roots into your house.

And you probably already know all about foundation problems and about plumbing pipe problems and sewer problems as it relates to this. Yes. So to me, this is one of those things that kind of should be installed when you initially build the property to make sure that you have a good barrier in. So you don’t have this problem later on.

Yeah. And you don’t want to kill trees. I don’t know how if it’s like kiddie property, they’re huge. So I don’t know. So something to think about. I think that would be an added bonus like at when you’re building a home. Yeah. That you just go ahead and add that around your foundation. Be smart.

So think about it. Just go out front your property and walk behind it, walk all around it and see where the trees currently are and see if you need to put a trench in. Now, if you do right, then you’ll be trenching and then putting this material in and then obviously fill in that that dirt back in. But then what you need to do is control for the grade because we talked with an inspector just the other day and he was telling us how the grade away from the property. So if you have your home here how you have to grade the property away.

Away, right. So it does. And there’s a certain slope that it has to be and it has to be up so high on the house, but not too low, because what happens is water comes in along the side of

Oct 07, 202208:15

ZoomMeetingWithAcquistoRealEstate.com

Sep 30, 202203:32

Zillow Gone Wild

Zillow Gone Wild. Content creators love real estate. So there’s all these social media content creators, right? They want to be putting stuff out there all the time and they want to have people following them. One of the big items that they’re using is real estate, and they’re using people’s addiction to real estate. And the fact that people want homes so bad or want something different or do all these things.

Just like another really good example of this are like the home renovation shows and everything that goes along with that, right? And all the TV channels that even come up from all those things, people buying stuff and the DIY craze and everything going on.

How is this for real estate? Right. And the answer is, I believe that almost any publicity or any attention is good attention. I believe that there’s a lot of people that currently are obsessed with real estate and they talk about it all the time.

If you ever go out to the restaurant and you’re just sitting there and you’re talking with whomever you’re talking with, and then you hear some chatter off in the distance, you know how you can, like hear a voice every once in a while you hear somebody saying something and you just listen in for a second because it’s just just kind of hits you, right? And all of a sudden, you’re listening. They’re talking about real estate, too.

And no, it’s probably not appropriate for you to go over and chime in and talk to them about what’s going on in your world as well. But it’s amazing how much people talk about real estate, about the appreciation about what they’ve done, about what they want would like to do, about what their neighbor did, because everybody knows they talk and people gossip. So that’s going to get a lot of discussion.

But let’s go ahead and take a look at this article we have here and we’ll chat that link in for you. Don’t fear the content creators Why Zillow Gone Wild is not bad for real estate agents.

So like I said, almost any publicity is good publicity, right? It’s showing these properties off in a light and people like put themselves on the side and showing off the properties and doing all those types of things right. So we’ll just scan through the article here and we’ll chat it in for you. And I believe the same thing. Anytime that you have publicity on something, it’s going to be good.

The amount of views that are on something is tremendous. If you just log into your emails and think about this and look at how many times somebody’s viewed, clicked, scrolled, or whatever the metrics are for your properties and you see where that happens to be. Maybe it’s on your MLS account, maybe it’s on like Realtor.com, maybe it’s on Zillow. You’ll see how many times it was viewed there and then realize that it also goes out to all the other brokerage websites and how many times is viewed there and how many times it picks up in somebody’s search and how many times it is shared online.

And you look and you see all those shares, all those mentions, all the people that have put an eyeball on it. It’s unbelievable to think about how many people are talking about real estate all the time and how many people are viewing it and scrolling it and wishing and hoping. And it’s just tremendous. So I’m a firm believer in almost any attention is good intention and you should continue continue to have no problems with any of these people doing those things.

I just don’t want them to impersonate real estate agents and say that they’re either the property owner, they need to ask for proper permission to get it done. And you can’t just do stuff. But this is an article here that I think you should take a minute and look through and see the unique social media approaches that people are doing and how it brings attention to it and how it helps them grow their followership. I think these people that you’ll see here will have a lot of different views and a lot of followers.

So if that’s something that you’re after, maybe this is a good i

Sep 30, 202204:19

Yellowstone TV Show and Montana Real Estate

Anything needed to let us know? Yellowstone, the TV show, and it has an effect on Montana real estate. We have an article that CNBC, a reputable news authority, recently published on it. So what we’re going to do is pull that up and channel. Oh, yeah, we’ll talk about that afterwards. That’s a future topic there.

All right. So CNBC reports and we’ll chat this in for us. You guys have it here. But it pits Montana, lifelong Montana residents against wealthy newcomers. So apparently there’s a whole bunch of super uber wealthy people moving to Montana to live the rancher lifestyle in a very similar way that it is on the Montana real on on the Yellowstone TV show. So talk about this just a little bit, Seana, as Omkar takes us through this.

Well, you know, we we had firsthand experience of this when, you know, the pandemic, when we were admits amidst the pandemic, we had a client that was supposed to go out of the country for vacation and they couldn’t. So they took their family and decided, you know, we’re going to go to Montana, we’re just going to go to Montana. The Yellowstone TV series was out at the time.

It had just, I think, been released and we had not watched it. So our client went to Montana and, you know, started sending me pictures and then started sending me homes and said, Do you watch the show Yellowstone? You know, and we’re like, no. And Mike says, Oh, he’s totally going to buy. They’re like, No.

Well, as soon as I saw the first couple of episodes, I’m like, Oh yeah, he totally has a bug for this.

And I think, you know, from our experience, we’ve I mean, look at the picture on there and it’s just breathtaking. It’s beautiful. I think there’s just a desire for space. And, you know, you just during that time, I think, you know, there were a lot of pros and cons, but some of the pros is that people were able to get out and look up and really appreciate what’s in front of you.

And this is I mean, it is gorgeous there, right? It’s just absolutely beautiful, surrounded by mountains, Colorado, it’s another place. It’s very it’s beautiful there. But it’s a lot more commercialized, I think, than Montana. You still have a lot of locals that live there. And just as we view people from other states coming here and kind of, you know, moving here and taking over, that’s really the buzz around in Montana that you have so many people moving here and they’re taking up our land. What’s going on?

And I don’t know that it’s really you know, it’s affecting the long time residents of Montana. I know they’re a big fan. But, you know, share people share the land.

Well, there’s just a huge demand, right?

Yeah, there is. In fact, the problem that it’s creating, there are several things to do and a lot of good times to go there during the year. Outdoor life.

Yeah, and people are doing all different types of things. I mean just the scenery is amazing and as it is in Wyoming as well. So we had user from Wyoming chat in as well that they have.

Interesting. Yeah. That they have a person that’s from the show Yellowstone Marshall is the grand marshal of their 4th of July parade. And there’s a lot of people that are showing up as Yellowstone fans.

We might have to. Her hometown in Wyoming. So Wow, that’s awesome.

Yeah.So there you go. That’s pretty cool. So you know this, if you go back to that old car really quick, it was really interesting that this particular gentleman, I don’t know if he’s in real estate or it said the bear tooth group, they take old ranches and restore them.

Yeah, let’s zoom up to that.

And I think, you know, we talk about rehabbing homes here. He’s restoring ranches and, you know, and then sells them. So it’s great, you know, and even here locally, you know, we’ve got we’ve got some land listings right now coming up. And I think that even here locally, not everybody can, you know, move across the country to Montana. So, you know, just understand that there is a desire for that. And if people live in the city a

Sep 30, 202208:53

Why there’s a supply problem?

Hey there. There’s a ton going on in real estate, and we have some problems, right? We have an inflationary time frame right now and we have got a bunch of different issues. And people are talking about is it a supply side problem or is it a demand side problem in what’s going on? And so we’re going to discuss that from a real estate perspective of what’s going on and what’s going on in the broader economy. Right.

So from an economic standpoint, if I’m to look at it, there’s a supply in demand. And those two things need to be equilibrium to have a stable price. And what that means is there has to be the same amount of supply as there is for demand. And if you’ve taken an economics or as a curve for different prices in different amounts of items to come together and where they cross, right.

That that’s where you happen to be at. So sometimes you’re out of balance and you’ll have too little supply or you’ll have too much demand. And if you change things from price, it’ll affect it or change the amount of supply.

These things will all be out of balance, but we’ve had a big change and with all this reset that we’ve had, we’ve had a lot of supply side problems and that’s what I’ll kind of be discussing here for you and give you some examples of that, right. Of where it became a supply side problem is, you know, scarcity creates hysteria. So if we look at it, toilet paper, if you guys all remember there was a huge, huge run on toilet paper.

And what happened is people ran out and bought it and there was a huge demand for toilet paper. Right. So that’s a classic example of like we demand this and all of a sudden there’s this huge run on toilet paper and I don’t know if it was rational or irrational or what went on there, but I think we all made it through and everyone had enough toilet paper, right? But that was a demand issue. What we have with supply things is our business model has changed for what’s going on for for the whole world economy.

And people have, in the classic sense, gotten so good at what they do. And, you know, I actually kind of blame a company like Walmart that is so good at logistics that they became part of the problem. And what happened there is there used to be, in this classic sense, a manufacturer, a wholesaler and then a retailer and then a consumer.

And this wholesaler in the middle would have goods that would be shipped from this wholesaler directly to them or from the manufacturer to them. So they would hold this stuff and store it and then send it directly to the retail establishments. And they had to have supplies on hand, right?

So they would have things. But what happened is we said we want to get cheaper and better prices and we need to get rid of all inefficiencies in the system. So this wholesaler was essentially eliminated and removed or streamlined dramatically. And we used computers and technologies to go directly from, you know, the manufacturing facility, right. To some type of distribution center.

And they, in theory, want it to go in one door, sort it all out and parse it out to the different locations, and then have it go out the next door like right away and not have storage of these items. And what that essentially does is when any disruption we have right, we no longer have this store of items. And if there’s any problems, if a truck gets delayed, if something is missed, then we don’t get it out in time.

If any of the inputs to make this thing don’t show up to the supplier right, then that’s an issue when it has a problem and as things start to get more expensive, people now demand them because like, hey, to sell this, I have to have all of these inputs.

There’s hundreds of things that go into this. And if I lack one and I have 99 of them, I can’t complete my job or I can’t complete this product to sell. I can’t get a certificate of occupancy for the home, so I need to get that done. So what happens in those cases is you now because there’s a lack of supply, you rush out to bu

Sep 30, 202208:12

Why Not You??

Why not you? Why not me? Why not any of us? So let’s kind of think about this. I’m going to share a couple of things from my wife and myself that kind of inspire us. Right.

And I think lead us to some more success. So what we do from time to time is we’ll go look at things that are interesting that we feel are a little bit beyond our grasp that we kind of can’t reach to right now at this moment, that we don’t think our inner wheel has, that we don’t think that we could currently afford to have earned yet, or whatever that is as motivation.

So the question is, why not you? Why not you? When you’re driving down a road and you see something that you want, why not take just like an extra second to visualize it, right? To pull the car over, to drive in, to talk and to ask and to see and to take a look at that thing that you might want for your family, whatever that happens to be. Right. Whether it’s a new house, a new neighborhood.

And just visualize it. See what’s going on there and see if you could obtain it for yourself. Right. And that’s how you kind of will will achieve it, because you have to realize that all these things are in grasp for somebody. So if that house that you’re kind of like dreaming about that front porch that you want that view, that you want that neighborhood, that you want, that whatever it happens to be.

If it’s just a little out of reach, maybe it’s out of reach just because mentally you think it’s out of reach because it’s there because somebody currently has it. Right. Like it’s getting built with somebody in mind. And why is it not for your family? Right. So a lot of it is mental barriers that we put in place for ourselves and we can achieve it with a good, positive mental outlook. And if you visualize it, then often you can achieve it. All right. So go see it. Put the numbers to it, think about it. And if it’s within reach, then why not for your family, right?

Why not put in whatever that happens to be that little bit of effort, remodel your life to accomplish the goals that are important to you. And sometimes that goal is is a physical thing, like an object that you want, right? Or sometimes it’s a different concept, you know, like for our producer Omkar, it’s to be a traveling nomadic individual. You know, I don’t know the exact name that he likes to go by, but he’s just living this nomadic, wayward lifestyle in all these different places. And that’s something that he he dreams about, right?

So his thing is less tangible, but more tangible because he gets to see things. So just think about what you want and what you would like to accomplish, not just for you, but for your family, and then realize that it is possible and realize that you can accomplish it. And if you want it, then do it.

Sep 30, 202203:28