WEBVTT 1 00:00:00.440 --> 00:00:05.960 Y'all ripped up. 2 00:00:07.440 --> 00:00:13.439 News need advice, so you don't have come running. 3 00:00:13.679 --> 00:00:18.320 Just as fast as we can, Shooter's gonna help come. 4 00:00:18.920 --> 00:00:22.039 Man, This is the Troubleshooter Show. 5 00:00:22.640 --> 00:00:29.719 No Tom Martino, Hey Tom Martino here, welcome to the show. 6 00:00:29.800 --> 00:00:32.399 Three oh three Martino. You can see that number of 7 00:00:32.439 --> 00:00:35.560 your streaming our show if you download the show. And 8 00:00:35.600 --> 00:00:38.079 if you're downloading it you're at the gym one morning 9 00:00:38.320 --> 00:00:40.640 or even on a weekend or an evening, or you're 10 00:00:40.679 --> 00:00:42.240 listening at home and you want to get in on 11 00:00:42.280 --> 00:00:42.679 the show. 12 00:00:42.920 --> 00:00:44.240 Here's the great part about it. 13 00:00:44.479 --> 00:00:49.000 You can call, actually call the number and leave a 14 00:00:49.039 --> 00:00:52.399 message and Kachina's gonna get that message or sues or 15 00:00:52.920 --> 00:00:55.200 us or any of us, and we're gonna put you 16 00:00:55.240 --> 00:00:57.479 on the next show if you want three oh three Martino, 17 00:00:57.560 --> 00:00:59.640 three oh three six two seven, eighty four sixty six. 18 00:01:00.000 --> 00:01:01.439 And of course you can call it while we're live 19 00:01:01.479 --> 00:01:02.039 here as well. 20 00:01:02.520 --> 00:01:06.319 Also you can call the iHeart number, the UH three 21 00:01:06.400 --> 00:01:10.439 oh three seven one three talk three oh three seven 22 00:01:10.519 --> 00:01:14.000 one three eight two five five, and you. 23 00:01:13.920 --> 00:01:16.079 Can also text us. I'll get to that in a minute. 24 00:01:16.079 --> 00:01:18.640 Here, we have a good way for you to stay 25 00:01:18.680 --> 00:01:20.400 in touch with us well, let me just give you 26 00:01:20.400 --> 00:01:23.000 that right now. So we have the short code again 27 00:01:23.120 --> 00:01:26.680 five seven seven three nine, and that'll get you into 28 00:01:26.840 --> 00:01:29.000 us or any show. Really, if you put the name 29 00:01:29.079 --> 00:01:31.159 up there, it goes to the show. So put Tom, 30 00:01:31.239 --> 00:01:33.519 it comes to me. You can put mark two, it'll 31 00:01:33.560 --> 00:01:39.400 come to us and the anyway. Also, you can also 32 00:01:39.640 --> 00:01:44.359 text me privately on my cell phone, and really it 33 00:01:44.439 --> 00:01:47.040 is it's forwarded right to my cell phone. Seven four 34 00:01:47.159 --> 00:01:52.840 seven nine fifty two eighty. Now is Barry in the 35 00:01:52.879 --> 00:01:53.519 house today? 36 00:01:53.799 --> 00:01:54.280 He is. 37 00:01:54.400 --> 00:01:59.040 He's looking very dapper feeling. Okay, well, get that camera up. 38 00:01:59.519 --> 00:02:01.640 Let's get that camera up and running camera. 39 00:02:03.920 --> 00:02:07.760 Oh okay, I'm sorry, it's not coming up on my board, 40 00:02:07.760 --> 00:02:08.599 which means that. 41 00:02:09.319 --> 00:02:10.560 It's not the right link. 42 00:02:12.439 --> 00:02:15.199 Send a link again and on the first break I'll 43 00:02:15.240 --> 00:02:15.639 launch it. 44 00:02:17.199 --> 00:02:17.719 Okay. 45 00:02:17.919 --> 00:02:20.520 Anyway, Well, welcome Barry, thank you for being here. We 46 00:02:20.639 --> 00:02:22.960 got some exciting news to announce with Barry and me, 47 00:02:23.039 --> 00:02:25.479 and but first I want to talk about Barry himself, 48 00:02:25.479 --> 00:02:27.400 and then I want to go to callers. Callers always 49 00:02:27.439 --> 00:02:30.000 get priority on any topic, So let's go to the 50 00:02:30.039 --> 00:02:32.680 callers first, and then we'll talk to Barry and about 51 00:02:32.680 --> 00:02:35.360 his investment program. And it's really more of a real 52 00:02:35.439 --> 00:02:38.240 estate it's just basically becoming a landlord. Here's what I say, 53 00:02:38.639 --> 00:02:42.360 become a landlord without the conventional risks and hassles and 54 00:02:42.520 --> 00:02:46.800 pains in the ass. Really, they handle almost every aspect 55 00:02:46.879 --> 00:02:50.319 of it for you. No one can control the market, 56 00:02:50.360 --> 00:02:53.120 but what they have been doing is buying and selling 57 00:02:53.159 --> 00:02:57.680 in such a way that you're getting actual, verified returns of. 58 00:02:57.639 --> 00:02:58.560 Anywhere from what to what. 59 00:02:58.719 --> 00:03:02.719 Barry the lowest forty two percent now and the normal 60 00:03:02.800 --> 00:03:05.719 most forty two to fifty eight percent. 61 00:03:05.879 --> 00:03:07.400 The exceptions are above it. 62 00:03:07.439 --> 00:03:10.400 Occasionally we find land a super deal with the. 63 00:03:10.479 --> 00:03:12.960 End is that a year or over the holding Over 64 00:03:13.000 --> 00:03:15.080 the holding period you're talking that is. 65 00:03:15.039 --> 00:03:15.879 For one year. 66 00:03:16.000 --> 00:03:20.400 They're doubling almost everybody now and has for four plus 67 00:03:20.479 --> 00:03:21.759 years doubling their money. 68 00:03:21.840 --> 00:03:24.479 How long are we going to be able to ride this, Barry, Well, 69 00:03:25.080 --> 00:03:26.159 I'm just getting in on it. 70 00:03:26.319 --> 00:03:28.400 Yeah, yeah, and I want to stay in on it. 71 00:03:28.800 --> 00:03:33.199 The riding this is is likely the following answer for 72 00:03:33.240 --> 00:03:36.360 at least nineteen of the next twenty years. 73 00:03:36.400 --> 00:03:40.000 Why we all come on, we always know the market. 74 00:03:40.080 --> 00:03:44.360 But I thought places, I thought real estate prices were exaggerated, 75 00:03:44.719 --> 00:03:46.599 and we don't have a lot more upside. 76 00:03:46.680 --> 00:03:49.599 There's a lot of upside when the median price is 77 00:03:49.719 --> 00:03:54.319 two hundred and seventy five thousand dollars in great markets. 78 00:03:54.599 --> 00:03:59.280 And there always are great markets, yep, one of them. 79 00:03:59.560 --> 00:04:05.280 That's the secret finding the great markets. Festerturnkey dot com. 80 00:04:05.360 --> 00:04:07.439 Let me talk to Kim. Kim, what's going on? 81 00:04:09.560 --> 00:04:14.039 What happened? Was Tom? I ended up getting a divorce 82 00:04:14.120 --> 00:04:15.360 from my ex wife. 83 00:04:17.120 --> 00:04:18.759 It was? And when did you get the divorce? 84 00:04:18.800 --> 00:04:18.959 Sir? 85 00:04:19.920 --> 00:04:22.079 Okay, what's that? Well? I'm John. 86 00:04:22.399 --> 00:04:23.959 When was it finalized? 87 00:04:25.319 --> 00:04:28.279 Like a year ago or so? And they gave. 88 00:04:28.160 --> 00:04:29.800 Us okay, so go ahead, I let it. 89 00:04:30.240 --> 00:04:33.879 They let us cohabitate. I stayed in my woodshop that 90 00:04:34.000 --> 00:04:35.560 I belt Wait a minute. 91 00:04:35.279 --> 00:04:35.879 Wait a minute. 92 00:04:35.920 --> 00:04:39.879 As part of the final divorce decree, they let you 93 00:04:39.920 --> 00:04:44.439 stay there and your wife obviously obviously you both had 94 00:04:44.439 --> 00:04:46.800 to agree to this in the in the terms and stuff. 95 00:04:47.040 --> 00:04:49.879 And so did you guys go to mediation or did 96 00:04:49.879 --> 00:04:50.959 you have an attorney? 97 00:04:51.920 --> 00:04:52.560 How did it work? 98 00:04:53.360 --> 00:04:56.839 We didn't have any mediation. We did during COVID, So 99 00:04:56.959 --> 00:05:00.399 we did this thing over the phone. We got that's 100 00:05:00.439 --> 00:05:00.759 for it. 101 00:05:00.800 --> 00:05:05.079 That's what that is mediation. Yes, good, well, let let 102 00:05:04.680 --> 00:05:06.519 well let me get the results. 103 00:05:06.639 --> 00:05:10.040 Let me get the results. Your divorce was finalized last year, 104 00:05:10.519 --> 00:05:13.480 and you and you were allowed to cohabitate where in 105 00:05:13.519 --> 00:05:14.680 the garage and the attic? 106 00:05:14.759 --> 00:05:16.439 Where in my shop? 107 00:05:16.600 --> 00:05:18.319 Yes, that's right. 108 00:05:18.360 --> 00:05:20.759 I did my chase from And how long did they 109 00:05:20.839 --> 00:05:21.959 give you to get out of there? 110 00:05:23.519 --> 00:05:26.639 It was? It went on and on and on because 111 00:05:26.639 --> 00:05:27.600 I couldn't get heard of, so. 112 00:05:27.839 --> 00:05:30.439 I know, But what did the what did what did 113 00:05:30.480 --> 00:05:34.040 the decree say about what was supposed? Obviously they didn't 114 00:05:34.079 --> 00:05:35.680 leave it that you were going to live there forever? 115 00:05:35.759 --> 00:05:35.959 Right? 116 00:05:36.759 --> 00:05:40.720 No, they didn't give us any set time really at 117 00:05:40.800 --> 00:05:44.120 that time. And then when they did, really. 118 00:05:44.360 --> 00:05:48.240 It was never addressed. It was never addressed. Six months, 119 00:05:48.240 --> 00:05:51.199 a year, ten years, never not one word. 120 00:05:52.279 --> 00:05:55.000 Well you can see what they wrote in the thing. 121 00:05:55.120 --> 00:05:57.519 It didn't say much to nothing. I mean I didn't. 122 00:05:57.800 --> 00:06:01.160 They were supposed to get a mediator. I mean I 123 00:06:01.240 --> 00:06:03.920 never got a funk calls boy. Anyways, she ended up 124 00:06:03.959 --> 00:06:04.639 telling the house. 125 00:06:04.720 --> 00:06:08.000 So who wrote hold on? Who wrote up this order? Kim? 126 00:06:08.480 --> 00:06:09.800 Did you have an attorney? 127 00:06:10.839 --> 00:06:12.480 I don't. I can't afford to her and I had 128 00:06:12.519 --> 00:06:13.000 a stroke. 129 00:06:13.680 --> 00:06:17.319 Did she have Did she have an attorney? Kim? I 130 00:06:17.680 --> 00:06:21.199 don't need stories right now? Did Kim? Did she have 131 00:06:21.240 --> 00:06:21.839 an attorney? 132 00:06:22.800 --> 00:06:28.079 I do not okay, okay, who wrote up this decree 133 00:06:28.600 --> 00:06:31.399 that the judge ordered as the final decree? 134 00:06:31.439 --> 00:06:36.399 Who wrote it up? I'm not sure, tom, Okay. 135 00:06:36.160 --> 00:06:39.199 I think her attorney. Did you see when you don't 136 00:06:39.240 --> 00:06:43.040 have an attorney? And yeah, he would write, but you 137 00:06:43.120 --> 00:06:46.920 had to agree to this stuff in the in the agreement, so. 138 00:06:48.639 --> 00:06:50.279 They have to read it, and they let us stay 139 00:06:50.319 --> 00:06:53.800 in this cohabitate. And then I went and seeing the judge. Well, 140 00:06:54.240 --> 00:06:58.360 halfway through the judge retired Albo County and then another 141 00:06:58.519 --> 00:07:01.399 judge that didn't even or anything. 142 00:07:01.720 --> 00:07:04.199 Yeah, so here's what I need to know. What are 143 00:07:04.199 --> 00:07:06.759 you calling about today? Are you still at the house? 144 00:07:07.600 --> 00:07:10.480 No? No, no, she sold the house. She took all 145 00:07:10.519 --> 00:07:14.199 the money, and I have nowhere to stay, Joe, I 146 00:07:14.240 --> 00:07:17.720 don't know. All as I want is half of my money. 147 00:07:17.759 --> 00:07:19.680 I don't want to you know, but you. 148 00:07:19.720 --> 00:07:23.160 Well, well hold on now, hold on, hold on, man, Kim. 149 00:07:23.600 --> 00:07:27.879 Did the divorce decree say that you split the equity 150 00:07:27.959 --> 00:07:35.399 in the home? Yes, okay, so obviously then when what 151 00:07:35.519 --> 00:07:37.279 when did the house close. 152 00:07:38.560 --> 00:07:44.279 About? Let's see, I don't know about three four months ago? 153 00:07:44.319 --> 00:07:46.879 I guess, Well, are you. 154 00:07:46.839 --> 00:07:47.439 On the deed? 155 00:07:49.040 --> 00:07:52.319 No, I was not. But the judge, the male judge, 156 00:07:52.720 --> 00:07:55.160 he said that didn't matter at all. It's still fifty 157 00:07:55.199 --> 00:07:55.560 to fifty. 158 00:07:55.560 --> 00:07:58.519 We've been together for No, No, it doesn't matter. 159 00:07:58.800 --> 00:08:03.240 But you have a document saying you get half of 160 00:08:03.279 --> 00:08:06.839 the net profit or equity. You don't get half of 161 00:08:06.879 --> 00:08:09.399 the price because they take out commissions. 162 00:08:10.079 --> 00:08:14.399 Okay, So what was the what was the total property? 163 00:08:15.480 --> 00:08:17.639 It was seven and thirty thousand. 164 00:08:19.560 --> 00:08:22.519 Total, and you were supposed to get half of that. Well, 165 00:08:22.839 --> 00:08:25.439 take her back to court. She can't keep that money. 166 00:08:26.240 --> 00:08:28.480 Well I know that, but how can I get it? 167 00:08:28.680 --> 00:08:29.519 I can't get it? 168 00:08:30.480 --> 00:08:33.919 Well, okay, now listen bro Oh wait a minute. You 169 00:08:33.960 --> 00:08:37.080 can find an attorney to take this case because you 170 00:08:37.159 --> 00:08:41.799 got money coming. Okay, did you have an attorney? You 171 00:08:41.879 --> 00:08:44.080 got to tell me something, tell me something. Did you 172 00:08:44.120 --> 00:08:45.679 have an attorney review your decree? 173 00:08:46.720 --> 00:08:46.919 No? 174 00:08:49.000 --> 00:08:53.360 Okay, then how do you know you can't? Kim? Kim, 175 00:08:54.000 --> 00:08:56.120 how do you know you can't get an attorney? 176 00:08:56.440 --> 00:09:00.120 How do you know you can't get an attorney? 177 00:09:01.600 --> 00:09:01.879 Okay? 178 00:09:02.039 --> 00:09:05.279 So you're telling me when you call an attorney, they say, Kim, 179 00:09:05.480 --> 00:09:06.639 we're not going to talk to you. 180 00:09:06.840 --> 00:09:09.360 We're taking no new clients. Is that what they say? 181 00:09:10.320 --> 00:09:12.279 They talk to me, and then I have to have 182 00:09:12.360 --> 00:09:15.080 five thousand dollars up front and I don't have a job. 183 00:09:16.120 --> 00:09:20.559 Okay, there's something called hold on If that's why I 184 00:09:20.679 --> 00:09:25.919 said this. An attorney with brains who looks at a 185 00:09:25.960 --> 00:09:31.320 decree can decide if there is a leanable interest in 186 00:09:31.360 --> 00:09:35.159 the case. They can then lean the case and take 187 00:09:35.200 --> 00:09:38.080 the case. So we just have to find an attorney 188 00:09:38.519 --> 00:09:40.960 who is not so busy they don't want to bother 189 00:09:41.039 --> 00:09:43.879 with it. There might be some attorneys too busy for it. 190 00:09:44.200 --> 00:09:46.279 But if you're if you're going to get three hundred 191 00:09:46.320 --> 00:09:49.120 and sixty thousand or three hundred and fifty thousand. 192 00:09:49.320 --> 00:09:49.639 Is this? 193 00:09:49.919 --> 00:09:53.320 Did she or her attorney make any attempt to get 194 00:09:53.320 --> 00:09:55.759 you money? What did the title company do? 195 00:09:56.919 --> 00:09:58.960 I don't even know the title company's name? 196 00:09:59.120 --> 00:09:59.399 I have. 197 00:10:01.120 --> 00:10:01.879 Well, how do you know. 198 00:10:01.919 --> 00:10:03.679 She didn't spend the money? How do you know she 199 00:10:03.679 --> 00:10:04.960 didn't Where is she now? 200 00:10:05.840 --> 00:10:08.799 She I don't know. I think she went back to 201 00:10:08.840 --> 00:10:10.039 Florida maybe or something. 202 00:10:10.639 --> 00:10:11.399 I have no idea. 203 00:10:11.480 --> 00:10:14.159 I can't get old tried, you know, and tried and tried. 204 00:10:14.360 --> 00:10:17.080 Well, then kim you okay, then you're not gonna You're 205 00:10:17.080 --> 00:10:18.200 not going to be able to sue her. 206 00:10:18.240 --> 00:10:19.080 You can't find. 207 00:10:18.840 --> 00:10:21.919 Her, Well, I can find her. I mean, if I 208 00:10:22.000 --> 00:10:23.919 go find her, I can find her. I know she's 209 00:10:24.000 --> 00:10:26.240 one of the two places. She's probably with her parents 210 00:10:26.240 --> 00:10:27.240 in Florida. 211 00:10:28.480 --> 00:10:33.120 Or put this money? Does she really? But does she understand, Kim? 212 00:10:33.440 --> 00:10:37.480 And I don't need a long story? Did she understand? Like, 213 00:10:37.600 --> 00:10:40.600 during the process of selling it, did she say to you, 214 00:10:40.679 --> 00:10:42.720 I know you get half of this or is she 215 00:10:43.000 --> 00:10:44.320 claiming she has? 216 00:10:45.600 --> 00:10:48.360 She did she said I would never do something like 217 00:10:48.440 --> 00:10:51.879 that to you, and the book sold underneath me and 218 00:10:51.960 --> 00:10:54.360 I was I never got on hearing from her anymore. 219 00:10:55.360 --> 00:10:58.480 Hey, Tom, how long how long were you too? Wait 220 00:10:58.519 --> 00:11:01.080 a minute, doctor, please? How long were you guys married? 221 00:11:02.240 --> 00:11:05.399 Forty out thirty? About thirty six years? 222 00:11:06.000 --> 00:11:07.200 How long are you in that home? 223 00:11:09.240 --> 00:11:11.320 Twenty? Prombly? I'd say, all. 224 00:11:11.279 --> 00:11:18.039 Right, have you called her attorney? Since this? Have you 225 00:11:18.159 --> 00:11:20.600 called her attorney? Just? What's that? 226 00:11:20.720 --> 00:11:22.879 I don't even know. I don't even know her name, Tom, 227 00:11:22.919 --> 00:11:26.279 I'm so confused on everything. It's just it's crazy, han't. 228 00:11:26.200 --> 00:11:30.600 Kim, Kim? How old? How old are you? Howld a you? Kim? 229 00:11:30.960 --> 00:11:33.000 Uh? Sixty five this year? 230 00:11:34.720 --> 00:11:35.039 Okay? 231 00:11:35.200 --> 00:11:37.919 You sound kind of like, why are you so confused. 232 00:11:37.919 --> 00:11:41.320 I mean, it's very basic. You have a divorce decree, 233 00:11:41.679 --> 00:11:42.919 you have things in writing. 234 00:11:43.960 --> 00:11:46.279 I had a joke, and I'm not like I used 235 00:11:46.279 --> 00:11:46.480 to be. 236 00:11:47.039 --> 00:11:53.240 Okay, all right, Kim, all right now I understand him. 237 00:11:53.240 --> 00:11:55.960 I understand you need your money. You need your money. 238 00:11:56.720 --> 00:11:58.639 Question how long ago? Wait? 239 00:11:58.759 --> 00:11:58.919 Doc? 240 00:11:59.080 --> 00:11:59.679 Just one second? 241 00:11:59.720 --> 00:12:02.440 Yes, I didn't forget you, Doc, Kim, how long ago 242 00:12:02.440 --> 00:12:03.279 did you have your stroke? 243 00:12:04.679 --> 00:12:07.360 Right after? It's been two years? 244 00:12:08.240 --> 00:12:10.080 Okay, all right, go ahead, Doc. 245 00:12:10.120 --> 00:12:12.080 Well, I just want to know how much was the 246 00:12:12.120 --> 00:12:15.279 equity in the house and how much is available after 247 00:12:15.320 --> 00:12:16.559 the sale. 248 00:12:16.120 --> 00:12:19.440 We already told him. He already said that, Doc. 249 00:12:19.519 --> 00:12:21.559 He said that in the very beginning, seven hundred and 250 00:12:21.600 --> 00:12:22.600 thirty thousand dollars. 251 00:12:22.639 --> 00:12:24.799 That's after taking out with the house. 252 00:12:25.559 --> 00:12:28.200 It was paid to her in cash. Toue. I found 253 00:12:28.200 --> 00:12:28.559 that out. 254 00:12:28.720 --> 00:12:29.840 I hope she still has it. 255 00:12:31.799 --> 00:12:34.039 I do too, because you'd be do you know what 256 00:12:34.279 --> 00:12:35.879 Here's there's no crime here. 257 00:12:36.159 --> 00:12:38.399 So if she spent that money, do you. 258 00:12:38.399 --> 00:12:40.159 Know how long it would take her to pay you 259 00:12:40.200 --> 00:12:43.480 back three hundred and fifty thousand dollars unless she bought 260 00:12:43.480 --> 00:12:47.240 a house and then he could put a lean on it. 261 00:12:47.559 --> 00:12:50.120 But you know, Kim, we can't fool around. We have 262 00:12:50.200 --> 00:12:52.159 to talk to an attorney for you and explain what's 263 00:12:52.200 --> 00:12:54.919 going on. I think you're your first enemy. I think 264 00:12:54.919 --> 00:12:57.600 when you talk to attorneys you confuse the hell out 265 00:12:57.600 --> 00:12:57.879 of them. 266 00:12:58.039 --> 00:12:59.639 And I don't especially. 267 00:12:59.320 --> 00:13:02.799 If you say you I had to pull out the 268 00:13:02.799 --> 00:13:05.639 information I needed from you. And I don't think you're 269 00:13:05.679 --> 00:13:09.480 describing your case properly, because any decent attorney would want 270 00:13:09.480 --> 00:13:11.919 this case. Hold on three oh three seven one three 271 00:13:11.960 --> 00:13:15.120 talk seven one three eight two five five. Waterpros dot 272 00:13:15.159 --> 00:13:17.720 net the best water systems, the lowest prices. That's the 273 00:13:17.799 --> 00:13:20.720 drill you call them, and I'm telling you you will 274 00:13:20.720 --> 00:13:23.120 never find better water. By the way, you can look 275 00:13:23.200 --> 00:13:27.000 up their podcasts about water on YouTube water pros and 276 00:13:27.039 --> 00:13:29.759 it's Paul the Waterman. Here's the bottom line, thirty one 277 00:13:29.879 --> 00:13:33.759 ninety five. Get you a whole house softening conditioning, get 278 00:13:33.879 --> 00:13:37.360 rid of the forever chemicals, plus drinking water, reverse osmosis. 279 00:13:37.399 --> 00:13:42.480 It's unbelievable. Plumbers would cost four five times that. That's 280 00:13:42.519 --> 00:13:44.600 waterpros dot at three oh three eight six two five 281 00:13:44.639 --> 00:13:52.720 five five four. So go with a sure thing Denver's 282 00:13:52.759 --> 00:13:55.679 best roofer Excel roofing dot com. You don't pay a 283 00:13:55.759 --> 00:14:02.279 cent until you're content. Time for an insurance checkup free 284 00:14:02.320 --> 00:14:06.039 no obligation. In comparison, call Compass Insurance paying too much 285 00:14:06.159 --> 00:14:09.120 your coverage at dozens of insurance companies find out now 286 00:14:09.200 --> 00:14:10.679 three all three seven to seven to one. 287 00:14:10.799 --> 00:14:11.080 Help. 288 00:14:11.240 --> 00:14:13.879 You'll think you're his only customer when you choose Frank 289 00:14:13.919 --> 00:14:16.399 durand the real estate man dot com to list your 290 00:14:16.399 --> 00:14:19.600 home with Remax Alliance three all three nine two zero 291 00:14:19.679 --> 00:14:29.639 sixteen twenty two. Hi Tom Martino, you're troubleshooter. We will 292 00:14:29.639 --> 00:14:32.840 get an attorney on to talk about that with Kimber 293 00:14:32.919 --> 00:14:34.960 right now, let me move on to other callers. Then 294 00:14:35.000 --> 00:14:36.679 we have Barry. We're going to be talking about the 295 00:14:36.799 --> 00:14:40.080 stere turnkey. Please hang on. That's a very important question 296 00:14:40.120 --> 00:14:42.679 people are going to have. Valerie wants to talk about 297 00:14:42.679 --> 00:14:45.919 State Farm. Valerie, what's going on with you? What's happening? 298 00:14:46.639 --> 00:14:49.759 Well, for about a year going on a year and 299 00:14:49.799 --> 00:14:51.720 a half now, I've been trying to fight with State 300 00:14:51.799 --> 00:14:55.559 Farm to get something done with my thought that happened 301 00:14:55.559 --> 00:15:00.240 in my condo also went down into the neighbors. But 302 00:15:00.360 --> 00:15:00.799 they do it. 303 00:15:01.039 --> 00:15:02.919 Okay, Valerie, I want to I want to ask a 304 00:15:02.960 --> 00:15:06.559 few questions, Okay, Okay, you own this. I assume you 305 00:15:06.639 --> 00:15:09.320 own the condo and you were living in it. 306 00:15:10.320 --> 00:15:12.320 No, I was taking care of my mom on the 307 00:15:12.360 --> 00:15:15.039 other side of town, and that's why I wasn't there 308 00:15:15.039 --> 00:15:16.360 when the pilot light went out. 309 00:15:16.720 --> 00:15:20.320 Yeah, okay, when the pilot light went out, what happened 310 00:15:20.320 --> 00:15:21.120 at froze? 311 00:15:22.000 --> 00:15:27.120 Yeah, the the lower air filters broke and the upper 312 00:15:27.519 --> 00:15:28.960 fast broke also. 313 00:15:29.279 --> 00:15:32.799 So so you have your mechanical. Is your mechanical in 314 00:15:32.840 --> 00:15:33.399 the ceiling? 315 00:15:35.879 --> 00:15:39.080 No, not that I know what what actually broke? Tell 316 00:15:39.120 --> 00:15:40.559 me how it actually flooded? What? 317 00:15:40.559 --> 00:15:40.639 What? 318 00:15:40.799 --> 00:15:42.279 Where did water come from? 319 00:15:43.039 --> 00:15:45.679 The water came from well out of the water. When 320 00:15:45.679 --> 00:15:50.080 the air filters break and the fawcet breaks, then that's 321 00:15:50.080 --> 00:15:50.759 where it came out. 322 00:15:50.759 --> 00:15:53.960 Okay, I don't understand the air filter you're talking about. 323 00:15:53.960 --> 00:15:56.279 If that part I don't get right there underneath the 324 00:15:56.320 --> 00:16:02.200 sink and they broke. Yeah, okay, do you do you 325 00:16:02.279 --> 00:16:05.559 live on a bottom on the bottom floor. No, No, 326 00:16:05.600 --> 00:16:06.639 you know you don't. 327 00:16:07.360 --> 00:16:10.919 Yeah, okay, So it was that cold. It was that 328 00:16:11.080 --> 00:16:14.840 cold that when your heat went out. So when your 329 00:16:14.879 --> 00:16:21.360 heat went out, it really caused major coldness, or I 330 00:16:21.360 --> 00:16:24.240 mean you really got frozen inside there and it broke 331 00:16:24.240 --> 00:16:25.000 a Piper. 332 00:16:24.720 --> 00:16:26.440 Two right exactly. 333 00:16:28.080 --> 00:16:30.039 And I'll tell you this is one of the reasons 334 00:16:30.080 --> 00:16:32.679 I think they're not paying. And by the way, with 335 00:16:32.799 --> 00:16:35.440 a condo insurance it works differently, but that would be 336 00:16:35.519 --> 00:16:38.120 something in your unit that would be covered, and you 337 00:16:38.159 --> 00:16:41.480 would also be covered for the liability for someone else 338 00:16:41.519 --> 00:16:44.440 that you damage. But the reason they're not covering it, 339 00:16:44.480 --> 00:16:46.039 I'll tell you right now, is because. 340 00:16:45.720 --> 00:16:46.399 It was vacant. 341 00:16:47.960 --> 00:16:50.399 Well, they said they would cover it, and they had 342 00:16:50.440 --> 00:16:53.159 people out, and so I'm getting them out of. 343 00:16:53.120 --> 00:16:56.039 Thirty Then well, ok, then let me ask you another way. 344 00:16:56.039 --> 00:16:58.320 Then let me put it another way. What was your 345 00:16:58.559 --> 00:17:01.480 formal rejection for Why did they reject it? 346 00:17:03.279 --> 00:17:07.440 Well, they didn't reject they Oh so. 347 00:17:07.400 --> 00:17:09.119 In other words, they're going to pay you. They just 348 00:17:09.240 --> 00:17:12.079 been wait they are paying. 349 00:17:13.400 --> 00:17:16.839 Yeah, they did pay, but they didn't pay three hundred 350 00:17:16.960 --> 00:17:20.319 sum that the company that came out and kept telling 351 00:17:20.319 --> 00:17:22.039 me they were going to put me to creditors. But 352 00:17:22.079 --> 00:17:23.039 I said, well, it's not. 353 00:17:22.960 --> 00:17:24.119 Done with y Valerie. 354 00:17:24.160 --> 00:17:27.079 How much right now, let's just get right to it. 355 00:17:27.480 --> 00:17:30.839 How much? I just need raw numbers, no stories. What 356 00:17:30.960 --> 00:17:33.880 was the total amount of damage? 357 00:17:35.160 --> 00:17:39.680 Well, they had something like thirteen thousand written down. 358 00:17:40.559 --> 00:17:43.440 Who no, who had something like thirteen thousand. 359 00:17:43.599 --> 00:17:46.799 Day Farm people that I've been talking to all this time. 360 00:17:48.119 --> 00:17:51.240 Okay, did you ever have a contractor come in and 361 00:17:51.279 --> 00:17:52.680 give you a total estimate? 362 00:17:54.640 --> 00:17:57.279 A regular contractor besides State Farm? 363 00:17:58.279 --> 00:18:01.960 Yes, State Farm's not a contractor. Their insurance people and. 364 00:18:01.960 --> 00:18:03.680 They ye the reconstruction. 365 00:18:03.799 --> 00:18:07.680 But the contractors they call, the contractors that State Farm 366 00:18:07.759 --> 00:18:11.480 will call will cheap it out because they want to 367 00:18:11.519 --> 00:18:12.920 do what's best for State Farm. 368 00:18:13.160 --> 00:18:15.599 Now, you should have called people they work with, because 369 00:18:15.599 --> 00:18:17.079 I didn't know anyone, which. 370 00:18:17.079 --> 00:18:20.960 Wasn't very Okay, I see, I get it. Okay. 371 00:18:21.440 --> 00:18:24.160 So you asked, hey, do you have any contractors? And 372 00:18:24.200 --> 00:18:27.039 they had contractors come in, and that's what I need 373 00:18:27.079 --> 00:18:29.720 to know before we go any more further. What was 374 00:18:29.799 --> 00:18:34.240 the total amount? Did you say the total amount? Thirteen thousand? 375 00:18:35.839 --> 00:18:38.359 Yeah, I'm trying to find it. 376 00:18:38.519 --> 00:18:40.720 Is that to your unit and to the neighbors unit 377 00:18:40.799 --> 00:18:42.000 or is that just your unit? 378 00:18:42.160 --> 00:18:42.359 Oh? 379 00:18:42.440 --> 00:18:45.240 That would just be mine. It was thirteen thousands, okay. 380 00:18:44.960 --> 00:18:45.319 Got it? 381 00:18:45.880 --> 00:18:50.160 Okay, So thirteen thousand in damage? And then are you 382 00:18:50.359 --> 00:18:53.240 telling me how much have they actually paid outs? 383 00:18:53.279 --> 00:18:54.480 And what was your deductible? 384 00:18:55.599 --> 00:18:55.799 Oh? 385 00:18:55.839 --> 00:18:58.079 One thousand I paid that okay. 386 00:18:58.480 --> 00:19:02.599 So they're going to pay you twelve right, Yeah, I'm more. 387 00:19:02.599 --> 00:19:04.759 Or less, you know, I haven't got the paper in 388 00:19:04.759 --> 00:19:06.519 front of me right now, I get it. 389 00:19:06.680 --> 00:19:08.799 How much have they paid out so far? 390 00:19:11.640 --> 00:19:15.960 Everything but the three hundred, three hundred and sixteen dollars. 391 00:19:16.039 --> 00:19:18.799 I had to pay half upfront and half of the 392 00:19:18.839 --> 00:19:20.279 other half. And they said they weren't. 393 00:19:20.440 --> 00:19:22.119 Wait wait, but you already paid. 394 00:19:22.359 --> 00:19:28.799 You already paid your thousand dollars deductible. Yeah, so you 395 00:19:28.880 --> 00:19:32.319 have paid one thousand dollars towards the towards the damage. 396 00:19:32.559 --> 00:19:35.599 State Farm has paid the rest, and the only thing 397 00:19:35.720 --> 00:19:39.000 left right now is three hundred. 398 00:19:39.200 --> 00:19:42.079 Three hundred and sixteen. Yeah, they and plus they're not. 399 00:19:42.160 --> 00:19:44.880 That's what you're calling about. I want to get this straight. 400 00:19:44.920 --> 00:19:47.880 That's what you're calling about today. Three hundred and sixteen dollars. 401 00:19:47.759 --> 00:19:50.519 And the time they're not doing the tiling they refuse 402 00:19:50.559 --> 00:19:53.559 and their tolls and the tiling, so you know from 403 00:19:53.640 --> 00:19:54.599 the okay. 404 00:19:54.319 --> 00:19:58.319 Now the tiling what tiling? What tiling? Are we talking about? 405 00:19:58.359 --> 00:19:59.160 Floor tiling? 406 00:20:00.559 --> 00:20:03.240 That was next to the place where it leaked in 407 00:20:03.359 --> 00:20:06.119 all between refrigerators and I. 408 00:20:06.240 --> 00:20:08.960 Think it wasn't tile on the is it? Is it 409 00:20:09.119 --> 00:20:11.519 on the counter? The backsplash or the floor. 410 00:20:11.880 --> 00:20:14.920 It's on the floor, okay. 411 00:20:14.640 --> 00:20:18.799 Well there's tile on blacksplashes sometimes. Okay, so your tile floor. 412 00:20:19.039 --> 00:20:21.960 So the three hundred and something bill they're not paying, 413 00:20:22.400 --> 00:20:24.960 that's three hundred and something. How much is the tile 414 00:20:25.000 --> 00:20:25.920 they're not paying for? 415 00:20:27.160 --> 00:20:31.079 Well, I haven't had a thing done, so you know, 416 00:20:31.559 --> 00:20:31.920 I don't know. 417 00:20:32.079 --> 00:20:35.319 I mean, how much will it be? You didn't get 418 00:20:35.319 --> 00:20:36.000 it estimated? 419 00:20:37.039 --> 00:20:39.920 No, because no, they're not going to do it. 420 00:20:40.039 --> 00:20:44.799 Okay, Why well they're motioning a tile if they're reconstruction 421 00:20:44.960 --> 00:20:46.799 people exactly. 422 00:20:46.920 --> 00:20:49.119 And they said no. And then of course when they 423 00:20:49.160 --> 00:20:54.000 pulled the washing machine out, the dishwasher out so many times, 424 00:20:54.000 --> 00:20:57.759 it broke the countertop, which is one of those tipper countertops. 425 00:20:57.759 --> 00:21:00.440 But they said they're not going to do that. There's 426 00:21:00.480 --> 00:21:01.319 a big couch in it. 427 00:21:01.359 --> 00:21:03.359 Wait a minute, Wait a minute, Wait a minute. What's 428 00:21:03.400 --> 00:21:11.640 the name of the contractor, John Lingo, John Lean Express 429 00:21:11.759 --> 00:21:16.480 or whatever? Yeah, express, right, John Lean l e A 430 00:21:16.680 --> 00:21:20.240 n no ling l y n G. 431 00:21:20.559 --> 00:21:24.000 I believe John Line Line. 432 00:21:24.279 --> 00:21:26.160 Okay, got it, I got it. I got it. Okay. 433 00:21:26.240 --> 00:21:31.559 So and this was this was State Farm. 434 00:21:32.039 --> 00:21:33.920 State Farm recommended them. 435 00:21:34.400 --> 00:21:36.119 Yeah, that was recommendation. 436 00:21:36.240 --> 00:21:36.640 Okay. 437 00:21:36.839 --> 00:21:42.240 So so I don't know what Matt, what would Matt Paragon? 438 00:21:42.319 --> 00:21:45.359 What Paragon say Mark about this? Do you think? I mean, 439 00:21:45.400 --> 00:21:47.559 he's not going to take this case for three hundred bucks. 440 00:21:47.640 --> 00:21:52.000 But I'm wondering if there's but there's tile and all that. 441 00:21:52.839 --> 00:21:55.559 But wait a minute, But if there's tile involved, there 442 00:21:55.640 --> 00:21:57.480 might be a lot of other stuff they should pay 443 00:21:57.519 --> 00:21:58.519 for that they're not paying. 444 00:21:58.839 --> 00:22:01.079 Well, I mean there could be. I mean it's worth 445 00:22:01.440 --> 00:22:03.920 giving him a call. Where are you locating? 446 00:22:04.880 --> 00:22:07.920 Well, my condo is out east and I'm out west. 447 00:22:08.200 --> 00:22:11.680 Where where it's an additional ten thousand dollars? 448 00:22:11.799 --> 00:22:15.880 Matt's looking at a grand Yeah, where are we looking? 449 00:22:16.319 --> 00:22:19.480 Where is your condo? In general? Just tell me the town. 450 00:22:19.359 --> 00:22:21.680 By fair amount drive an ell Ametos So it's by 451 00:22:21.799 --> 00:22:22.720 Fairmount Cemetery. 452 00:22:22.759 --> 00:22:26.880 Okay, it's not terrible. Here's what I would do right now. 453 00:22:27.920 --> 00:22:30.799 A public adjuster, by the way, is someone that you 454 00:22:31.039 --> 00:22:35.039 hire to go over your policy and to make sure 455 00:22:35.160 --> 00:22:38.480 your insurance company is being fair with you. Now, it's 456 00:22:38.559 --> 00:22:42.599 not the adjuster the insurance company sends out. It's one 457 00:22:42.680 --> 00:22:43.519 that works for you. 458 00:22:44.200 --> 00:22:44.519 Okay. 459 00:22:44.920 --> 00:22:49.559 They only charge on what they collect. Okay, there might 460 00:22:49.599 --> 00:22:50.240 not be enough. 461 00:22:50.319 --> 00:22:54.200 There might not be enough there for him to mess 462 00:22:54.240 --> 00:22:56.240 with because he just gets a small part of it. 463 00:22:56.680 --> 00:23:00.920 But he could give you some advice, or he could 464 00:23:01.000 --> 00:23:04.119 find a lot more that you were supposed to get 465 00:23:04.160 --> 00:23:06.640 that you did not get. Because it seems to me 466 00:23:07.079 --> 00:23:10.079 you never had anyone advocating for you. 467 00:23:10.079 --> 00:23:12.400 No, well, I. 468 00:23:12.279 --> 00:23:14.759 Think now we ought to turn those tables and you 469 00:23:14.799 --> 00:23:18.480 should get someone advocating for you. Mark off the off hand, 470 00:23:18.480 --> 00:23:20.960 do you have Do you have the number? I'll put 471 00:23:20.960 --> 00:23:22.519 it in here, see if I can get it real quick? 472 00:23:24.920 --> 00:23:26.440 Valley? What's the name you have? Development? 473 00:23:26.480 --> 00:23:27.480 I have it? I haven't. 474 00:23:27.920 --> 00:23:29.599 It's called which Village? 475 00:23:30.319 --> 00:23:30.519 Two? 476 00:23:30.680 --> 00:23:33.960 I believe? Yeah? What's high Village anyway? 477 00:23:35.359 --> 00:23:36.039 Really amazing? 478 00:23:38.200 --> 00:23:39.519 Why do you care? Why do you care? 479 00:23:39.559 --> 00:23:39.720 Doc? 480 00:23:39.799 --> 00:23:40.599 Why do we care about it? 481 00:23:44.759 --> 00:23:46.640 It's Eye Building off Valencia? 482 00:23:47.559 --> 00:23:50.279 Okay, No, I know exactly which development she's in. 483 00:23:50.799 --> 00:23:58.160 Yeah, okay, okay, So here's Paragon ready his phone number set? 484 00:23:58.720 --> 00:24:00.920 Paragon Services Matt Stanford. 485 00:24:01.200 --> 00:24:04.319 When you talk to Matt, you simply say, look, I 486 00:24:04.519 --> 00:24:08.000 just need to know of I'm being treated fairly, and 487 00:24:08.359 --> 00:24:10.200 don't don't give them a lage. I just say they've 488 00:24:10.200 --> 00:24:12.519 paid all but a few hundred bucks, but they refuse 489 00:24:12.599 --> 00:24:15.039 to do my tile. And they broke my counter And 490 00:24:15.119 --> 00:24:16.519 I just want you to give him a call and 491 00:24:16.559 --> 00:24:19.039 ask him he might come over and take a look. 492 00:24:19.279 --> 00:24:24.519 Seven to one nine seven to seven two six zero 493 00:24:24.720 --> 00:24:25.920 zero two zero. 494 00:24:26.200 --> 00:24:28.200 Oh, that'd be great. Yep, that'll help. 495 00:24:28.920 --> 00:24:30.799 Call him and let us know what he says he 496 00:24:30.880 --> 00:24:32.640 might be able to help you. Three oh three seven 497 00:24:32.720 --> 00:24:39.160 one three eight two five five Go with a sure 498 00:24:39.279 --> 00:24:42.680 thing Denver's best roofer Excel Roofing dot com. You don't 499 00:24:42.720 --> 00:24:48.759 pay a cent until you're content. Time for an insurance 500 00:24:48.839 --> 00:24:52.519 check up free, no obligation. In comparison, call Compass Insurance 501 00:24:52.680 --> 00:24:55.720 paying too much your coverage at dozens of insurance companies 502 00:24:55.799 --> 00:24:57.839 find out now three oh three seven to seven to 503 00:24:57.839 --> 00:25:00.960 one help. You'll think you're his only when you choose 504 00:25:01.000 --> 00:25:03.480 Frank durand the real estate Man dot com to list 505 00:25:03.519 --> 00:25:06.920 your home with Remax Alliance three three nine two zero 506 00:25:07.000 --> 00:25:13.759 sixteen twenty two. Hi Tom Martino here three three seven 507 00:25:13.799 --> 00:25:16.960 to one three talk three O three seven one three 508 00:25:17.079 --> 00:25:18.200 A two five five. 509 00:25:18.359 --> 00:25:19.279 Welcome to the show. 510 00:25:19.880 --> 00:25:25.000 Now we have a Bonnie Shield's attorney at law. I 511 00:25:25.000 --> 00:25:26.640 want to get to Kim because that was a very 512 00:25:26.680 --> 00:25:29.640 serious issue. And then Dean has a tax question that 513 00:25:29.680 --> 00:25:33.359 I want to get to Vestera turnkey too. So Bonnie Shields, 514 00:25:33.359 --> 00:25:36.480 Attorney at law, Bonnie Shields Law dot com. 515 00:25:36.799 --> 00:25:38.519 Bonnie, this is a weird one. 516 00:25:38.880 --> 00:25:41.039 I didn't see the decree, but I had a question 517 00:25:41.119 --> 00:25:45.359 for you, a procedural question. Kim was divorced a year 518 00:25:45.359 --> 00:25:49.039 and a half ago and he was allowed to live 519 00:25:49.039 --> 00:25:52.359 in his shop at the house until they sold the house. Okay, 520 00:25:53.240 --> 00:25:58.279 they sold the house and he had to move, and 521 00:25:58.519 --> 00:26:01.759 the divorce decree says he gets half of the net proceeds, 522 00:26:02.400 --> 00:26:06.240 but his wife moved to Florida and never never distributed 523 00:26:06.279 --> 00:26:09.640 the money. The reason the title insurance did excuse me, 524 00:26:09.720 --> 00:26:13.559 the title company didn't is he wasn't on deed. Now 525 00:26:13.599 --> 00:26:16.200 for the divorce decree, the judge said, that doesn't matter 526 00:26:16.200 --> 00:26:19.000 if you're on the deed. You guys lived there forty years, 527 00:26:19.039 --> 00:26:21.960 it's half yours and there was no dispute. 528 00:26:22.240 --> 00:26:23.720 They agreed to that. 529 00:26:23.720 --> 00:26:28.319 That divorce decree specified he gets fifty percent of net proceeds. 530 00:26:28.920 --> 00:26:32.880 He can't get them. That's now the net proceeds. He says, 531 00:26:33.440 --> 00:26:36.160 I find it hard to believe. Now, wait a minute, Kim, 532 00:26:36.200 --> 00:26:38.799 I should ask you this. When you said seven hundred 533 00:26:38.799 --> 00:26:41.400 and thirty. Was that the total price of the sale 534 00:26:41.440 --> 00:26:43.640 of the house or was that your profit. 535 00:26:46.440 --> 00:26:49.039 He got from the people about the house and never 536 00:26:49.079 --> 00:26:50.640 didn't cash that. 537 00:26:50.720 --> 00:26:54.519 He didn't have a more Kim, Kim. Was the house 538 00:26:54.559 --> 00:26:56.319 paid for? Was the house paid for? 539 00:26:57.400 --> 00:26:58.039 It was paid for? 540 00:26:58.359 --> 00:26:58.720 Okay? 541 00:26:59.480 --> 00:27:01.119 Yeah, And I don't know why you make a big 542 00:27:01.119 --> 00:27:03.559 deal about cash. She sold the house for seven hundred 543 00:27:03.559 --> 00:27:05.839 and thirty thousand dollars. It doesn't matter if it was carrots. 544 00:27:06.079 --> 00:27:09.720 She sold it for a purchase price of seven hundred 545 00:27:09.720 --> 00:27:13.440 and thirty thousand plus. Is that after commissions? You got 546 00:27:13.440 --> 00:27:15.200 to take all the commissions out and all of that? 547 00:27:15.279 --> 00:27:16.400 Did you do all that math? 548 00:27:17.400 --> 00:27:23.599 Right? Well, she got Jevin and thirty thousand dollars for 549 00:27:23.680 --> 00:27:24.759 the price of the house. 550 00:27:25.319 --> 00:27:27.720 That's what she all right, So let's just say let's 551 00:27:27.759 --> 00:27:33.640 say let's say even at even at six hundred thousand, Bonnie, 552 00:27:33.680 --> 00:27:36.440 he would have three hundred coming to him. Okay, Now 553 00:27:36.640 --> 00:27:39.039 here's what I want to ask as here's what I 554 00:27:39.039 --> 00:27:41.200 want to ask as an attorney. He said, I can't 555 00:27:41.200 --> 00:27:43.400 get anyone to represent me. I don't have five thousand 556 00:27:43.400 --> 00:27:46.480 dollars up front. So here's what I'm asking you. I've 557 00:27:46.559 --> 00:27:49.839 heard of this once, especially when it came to divorces, 558 00:27:50.200 --> 00:27:53.279 and I wondered if it's possible if you looked at 559 00:27:53.279 --> 00:27:56.920 the divorce decree and you saw that it was pretty 560 00:27:56.920 --> 00:28:00.400 clearly spelled out, and then you saw the closing docs, 561 00:28:00.480 --> 00:28:04.279 or you see that this man does have no matter what, 562 00:28:04.839 --> 00:28:08.480 he has a clean case forgetting let's say three hundred 563 00:28:08.559 --> 00:28:12.039 or three point fifty. Is there such thing as taking 564 00:28:12.079 --> 00:28:15.119 a case like this and putting a lean on the 565 00:28:15.400 --> 00:28:16.680 uh on the award? 566 00:28:18.519 --> 00:28:21.200 Well, isn't it already gone? Isn't she off the Florida 567 00:28:21.200 --> 00:28:21.799 with her money? 568 00:28:23.279 --> 00:28:23.519 Yeah? 569 00:28:23.559 --> 00:28:25.839 But what I'm saying is can't that be clawed back? 570 00:28:26.240 --> 00:28:28.519 Are you saying attorneys don't want to get involved in that? 571 00:28:29.960 --> 00:28:32.799 No, I'm saying, I'm wan you're saying last year. I 572 00:28:33.240 --> 00:28:36.200 want to know how old is this? Like, I don't 573 00:28:36.240 --> 00:28:39.000 know if this is a a He could get a judgment, Okay, 574 00:28:39.079 --> 00:28:40.880 he could reduce the amount he was supposed to get 575 00:28:41.359 --> 00:28:45.200 to a judgment and the okay, that judgment. I mean, 576 00:28:45.200 --> 00:28:46.359 that's one way to do. 577 00:28:46.319 --> 00:28:51.680 It, right, Yeah, but no, no, so Bonnie Bonnie, the 578 00:28:51.680 --> 00:28:53.960 one part, the one part I want to explain. 579 00:28:54.000 --> 00:29:01.720 He has zero money, He's living in his truck. I'm 580 00:29:01.799 --> 00:29:06.279 asking if they're truly. Yeah, but if there's truly an 581 00:29:06.279 --> 00:29:08.960 award coming and an attorney can see that. 582 00:29:09.000 --> 00:29:11.839 Award, she could have already got why outed that money 583 00:29:11.880 --> 00:29:17.759 by some romeo in Florida. So I guess that's the risk, right, Bonnie, 584 00:29:17.799 --> 00:29:19.720 Even if you put a lien on it, if she's 585 00:29:19.759 --> 00:29:21.960 spent it all, there's nothing he can do about it. 586 00:29:22.599 --> 00:29:24.200 Yeah, I mean, how do you put a lien on 587 00:29:25.079 --> 00:29:26.920 You can put a lean on a bank account, you can. 588 00:29:28.240 --> 00:29:30.799 I know what should have happened, and the court could 589 00:29:30.799 --> 00:29:31.480 have put in an. 590 00:29:31.480 --> 00:29:35.359 Order that the title I saw the reason I'd be 591 00:29:36.160 --> 00:29:37.799 the only reason I mentioned it, Bonnie. 592 00:29:37.839 --> 00:29:41.240 I saw a divorce one time where they. 593 00:29:41.119 --> 00:29:44.680 Had a sizeable estate but she had no cash, and 594 00:29:44.720 --> 00:29:48.440 the attorney took the case and filed a lean on 595 00:29:48.640 --> 00:29:52.400 the case. That's I mean, it really happened. I don't 596 00:29:52.440 --> 00:29:55.240 know if it's normal or how they do that, but 597 00:29:55.359 --> 00:29:59.200 that lean had to be satisfied before she could get 598 00:29:59.200 --> 00:29:59.720 her money. 599 00:30:00.559 --> 00:30:02.720 Right, we're late or too late to that party? 600 00:30:04.079 --> 00:30:05.599 Oh please, no money? 601 00:30:05.599 --> 00:30:05.920 You kid. 602 00:30:06.000 --> 00:30:08.039 Just can't put a lien on some money that she got. 603 00:30:08.200 --> 00:30:11.000 It had to be and I'm not a collections expert 604 00:30:11.000 --> 00:30:12.200 by any stress. 605 00:30:11.960 --> 00:30:13.519 Tom, But no, no, I get it. 606 00:30:13.799 --> 00:30:14.759 What you're talking. 607 00:30:14.559 --> 00:30:18.440 About is that that attorney put a lien on the house. 608 00:30:18.240 --> 00:30:21.599 And there's some or put a lien on whatever the 609 00:30:21.640 --> 00:30:24.599 proceeds or whatever, and the and the court recorded the 610 00:30:24.680 --> 00:30:28.799 lean and it was understood in fact, both attorneys did 611 00:30:28.799 --> 00:30:32.279 it because they had no money, and so both attorneys 612 00:30:32.359 --> 00:30:35.720 worked for and they had to submit their bills to 613 00:30:35.759 --> 00:30:42.200 be paid before the proceeds were divided to the spouses. Right, Okay, 614 00:30:42.200 --> 00:30:45.359 but what you're saying is now this is after the fact. 615 00:30:45.400 --> 00:30:48.319 You can't we can't say, wait a minute, he's supposed 616 00:30:48.359 --> 00:30:50.480 to get this, so let's put a lien on what 617 00:30:50.519 --> 00:30:51.480 he's supposed to get. 618 00:30:52.880 --> 00:30:53.079 Right. 619 00:30:53.880 --> 00:30:58.160 So, well, here's what I'm wondering is if maybe somebody 620 00:30:58.200 --> 00:31:01.960 in the collections field could find out and somebody else 621 00:31:02.400 --> 00:31:04.960 that could find out has she bought property, because he 622 00:31:04.960 --> 00:31:08.079 could put a lien on that. There's not a central 623 00:31:08.160 --> 00:31:10.000 location where you can find out. If somebody has a 624 00:31:10.039 --> 00:31:12.680 bank account, well, I'm not sure how to find out 625 00:31:12.720 --> 00:31:14.839 somebody in the bank account. This could be reduced to 626 00:31:14.880 --> 00:31:17.039 a judgment and you could put a lien on a 627 00:31:17.039 --> 00:31:17.759 bank account. 628 00:31:18.720 --> 00:31:20.160 Okay, let's talk about that. 629 00:31:20.279 --> 00:31:22.920 How would he First of all, to get it reduced 630 00:31:22.920 --> 00:31:25.559 to a judgment, he would first have to have a 631 00:31:25.599 --> 00:31:28.559 decree that spells it out. Then he'd have to have 632 00:31:28.599 --> 00:31:31.920 closing docs to show what it was. I mean, that 633 00:31:31.920 --> 00:31:34.839 would take that would take a hearing of some kind, 634 00:31:34.920 --> 00:31:36.559 right well. 635 00:31:36.400 --> 00:31:39.839 Not necessarily, not at all. But I think the trickiest 636 00:31:39.839 --> 00:31:42.039 part is going to be getting the closing documents because 637 00:31:42.079 --> 00:31:44.759 the title company is not going to want to disclose though, 638 00:31:44.880 --> 00:31:49.720 right so, I'm not sure if there's a way around 639 00:31:49.759 --> 00:31:52.200 it the real estate agent, if they would provide those, 640 00:31:52.400 --> 00:31:53.799 or if you're going to have to actually get a 641 00:31:53.799 --> 00:31:56.640 court order. I mean, and in that case, maybe it 642 00:31:56.680 --> 00:31:58.680 is filing some sort of case against. 643 00:31:58.359 --> 00:32:02.559 The title You know what's funny, Hurt, she had an attorney, 644 00:32:03.319 --> 00:32:06.279 She had an attorney, and as an officer of the court, 645 00:32:06.559 --> 00:32:09.200 if he would call that attorney and say, look, I 646 00:32:09.319 --> 00:32:12.200 want the closing docs. You know, I was part of 647 00:32:12.240 --> 00:32:15.400 the decree. Couldn't that attorney do that just to be 648 00:32:15.440 --> 00:32:15.839 a mensch? 649 00:32:17.720 --> 00:32:18.160 They could. 650 00:32:18.519 --> 00:32:20.599 He could also go back in through the divorce case 651 00:32:20.640 --> 00:32:24.039 if the attorney wouldn't cooperate, and through the divorce case, 652 00:32:24.359 --> 00:32:26.400 he could get a court order for her to hand 653 00:32:26.440 --> 00:32:30.799 over that closing information. Then he knows that so much 654 00:32:30.799 --> 00:32:33.200 heat from the closing, when he knows what she walked 655 00:32:33.200 --> 00:32:35.720 away with, then he could reduce that to a judgment. 656 00:32:35.759 --> 00:32:37.599 And that's not going to require a hearing. 657 00:32:39.240 --> 00:32:40.359 But I don't know, Kim. 658 00:32:40.559 --> 00:32:42.640 Somebody take it on a contingency basis. 659 00:32:42.680 --> 00:32:46.839 You might No, Yeah, it's going to be hard, Kim. Kim, 660 00:32:46.960 --> 00:32:49.039 let me ask you something, man, I'm wondering, if we 661 00:32:49.079 --> 00:32:51.960 go the collection route, just keep it out of family 662 00:32:52.000 --> 00:32:55.039 altogether and just go collection route, maybe a frank ball 663 00:32:55.200 --> 00:32:55.720 would happen. 664 00:32:55.759 --> 00:32:57.559 You still got to get a judgment. He's got to 665 00:32:57.599 --> 00:32:58.119 convert that. 666 00:32:58.240 --> 00:33:00.279 He's got to go through every step she just said 667 00:33:00.319 --> 00:33:05.000 to convert that into a judgment first, right, that's right, 668 00:33:05.319 --> 00:33:06.759 and that's tim. 669 00:33:06.640 --> 00:33:08.920 Will be a few hours of attorney time. I don't 670 00:33:08.920 --> 00:33:11.279 think you're going to find someone to do that on contingency. 671 00:33:11.720 --> 00:33:14.160 But it is not going to require it's not going 672 00:33:14.240 --> 00:33:16.400 to require a hearing. So it's not a huge deal. 673 00:33:18.480 --> 00:33:21.000 It's not a huge but I'd start by just asking 674 00:33:21.039 --> 00:33:23.559 the attorney if you can get it, and then you 675 00:33:23.759 --> 00:33:26.640 literally just file a motion asking the court to convert 676 00:33:26.680 --> 00:33:30.119 it to a judgment. Then you and you file a 677 00:33:30.400 --> 00:33:33.480 blank judgment. I mean it's filled out and the judge 678 00:33:33.599 --> 00:33:35.759 just signs it. So it's pretty easy to get that 679 00:33:35.880 --> 00:33:37.400 judgment if it comes. 680 00:33:37.200 --> 00:33:38.119 Out of a court order. 681 00:33:38.160 --> 00:33:40.079 Because the court looks at their order and they know 682 00:33:40.160 --> 00:33:42.839 that it's right. It's pretty easy to get the judgement. 683 00:33:42.880 --> 00:33:47.200 And then he's got a finder. No, I know there's 684 00:33:47.240 --> 00:33:49.799 a lot involved here. Hold on, I got to take 685 00:33:49.799 --> 00:33:55.279 this break out. Go with a sure thing Denver's best 686 00:33:55.359 --> 00:33:57.319 roofer Excel Roofing dot com. 687 00:33:57.359 --> 00:33:59.400 You don't pay a cent until you're content. 688 00:34:00.960 --> 00:34:05.920 Wait time for an insurance checkup free no obligation comparison 689 00:34:06.079 --> 00:34:09.639 call Compass Insurance paying too much your coverage at dozens 690 00:34:09.639 --> 00:34:12.360 of insurance companies find out now three O three seven 691 00:34:12.360 --> 00:34:12.960 to seven to one. 692 00:34:13.079 --> 00:34:13.320 Help. 693 00:34:13.480 --> 00:34:16.119 You'll think you're his only customer when you choose Frank 694 00:34:16.199 --> 00:34:18.639 durand the real estate Man dot com to list your 695 00:34:18.679 --> 00:34:22.320 home with Remax Alliance three three nine two zero sixteen 696 00:34:22.400 --> 00:34:22.920 twenty two. 697 00:34:24.360 --> 00:34:26.239 Wait, I think we exhausted that topic. 698 00:34:26.800 --> 00:34:29.599 Hi, I'm Tom Martino, Dean. What is your question on taxes? 699 00:34:29.679 --> 00:34:29.920 Dean? 700 00:34:32.079 --> 00:34:33.320 Hey Tom, how are you doing today? 701 00:34:34.400 --> 00:34:35.760 Good man? What's going on? 702 00:34:37.039 --> 00:34:40.719 Here's the issue. I rented some equipment to a guy 703 00:34:41.119 --> 00:34:44.880 last year, and uh it kind of ended on a 704 00:34:44.920 --> 00:34:47.320 sour note. He was kind of abusing my stuff. 705 00:34:47.360 --> 00:34:48.599 I couldn't get along with him. 706 00:34:48.639 --> 00:34:51.960 I was trying to work with him using equipment, so 707 00:34:53.000 --> 00:34:53.760 I just like. 708 00:34:53.719 --> 00:34:57.039 Wait, wait, wait, were you renting equipment to Were you 709 00:34:57.199 --> 00:34:59.400 renting your equipment to this person? 710 00:35:00.480 --> 00:35:02.880 Okay, yeah, Mike, good, go ahead. 711 00:35:03.079 --> 00:35:06.159 But what happened to the day we parted way? 712 00:35:07.440 --> 00:35:11.800 And uh so, near the end of the year, his 713 00:35:11.840 --> 00:35:14.119 wife was sending me request for a W nine. 714 00:35:16.360 --> 00:35:19.320 All right, hold on, this sounds sneaky. Okay, that might 715 00:35:19.360 --> 00:35:21.239 be a tax scam. Hang on, and we'll talk about 716 00:35:21.280 --> 00:35:23.199 that coming right up. And then we're gonna get to 717 00:35:23.280 --> 00:35:28.000 Vesteraturnkey dot com. I promise go with a sure thing 718 00:35:28.119 --> 00:35:30.920 Denver's best roofer Excel Roofing dot com. 719 00:35:30.960 --> 00:35:35.159 You don't pay a cent until you're contenth. 720 00:35:36.360 --> 00:35:39.920 Time for an insurance checkup free no obligation comparison call 721 00:35:40.039 --> 00:35:43.360 Compass Insurance paying too much your coverage at dozens of 722 00:35:43.360 --> 00:35:46.320 insurance companies find out now three oh three seven seven 723 00:35:46.320 --> 00:35:49.119 to one help. You'll think you're his only customer when 724 00:35:49.119 --> 00:35:51.599 you choose Frank durand the real estate Man dot com 725 00:35:51.639 --> 00:35:54.719 to list your home with Remax Alliance three oh three 726 00:35:54.840 --> 00:35:56.599 nine two zero sixteen twenty two. 727 00:36:02.199 --> 00:36:03.000 Ripped Up. 728 00:36:04.440 --> 00:36:04.719 News. 729 00:36:05.679 --> 00:36:07.559 You need advice so you don't have. 730 00:36:09.360 --> 00:36:10.960 Don't come running just. 731 00:36:10.880 --> 00:36:16.119 As fast as we can show Shooter's gonna help coming man. 732 00:36:16.880 --> 00:36:19.039 This is the Troubleshooter Show. 733 00:36:19.679 --> 00:36:24.639 No Tom Martine, Hi Tom Martino here, Welcome to the show. 734 00:36:25.400 --> 00:36:28.719 And this show is the only show that actually you 735 00:36:28.760 --> 00:36:31.079 solved fraums, answer questions, take complaints, make your. 736 00:36:30.960 --> 00:36:31.880 Life a little easier. 737 00:36:32.119 --> 00:36:33.719 This is brought to you by frankarand the real Estate 738 00:36:33.800 --> 00:36:35.760 Man dot com. He'll make your life easier by telling 739 00:36:35.800 --> 00:36:37.840 you what your house will sell for before you even 740 00:36:38.280 --> 00:36:41.039 list it. Because he's has so much experience in this market. 741 00:36:41.199 --> 00:36:44.559 He does a complete true analysis for no charge, no obligation. 742 00:36:45.119 --> 00:36:49.800 Really it takes into all market aspects like the interest rates, 743 00:36:49.800 --> 00:36:53.199 the comps, supply and demand, all of that anyway. Call 744 00:36:53.280 --> 00:36:56.400 him three oh three nineteen zero sixteen twenty two Frank 745 00:36:56.519 --> 00:36:58.599 rand the real Estate Man dot com. Speaking of real estate, 746 00:36:58.599 --> 00:37:01.079 we have Barry Miller with us. And Barry, if I 747 00:37:01.239 --> 00:37:05.880 was to ask you to describe your program in a 748 00:37:05.920 --> 00:37:08.480 paragraph or less, really, how would you do it? 749 00:37:08.480 --> 00:37:10.199 Because I know how I do it? How do you 750 00:37:10.280 --> 00:37:10.599 do it. 751 00:37:11.280 --> 00:37:15.679 I do it by saying, thorough research and extensive research 752 00:37:16.320 --> 00:37:24.199 finds the best economies and marketplace for residential properties for 753 00:37:24.320 --> 00:37:29.400 consumers who want maximum growth, like forty five to fifty 754 00:37:29.400 --> 00:37:36.079 percent annual returns in the most safe environment known to investing. 755 00:37:36.519 --> 00:37:40.960 You can have it both ways, highest return, highest safety 756 00:37:41.000 --> 00:37:45.679 because of our extensive research and it's turnkey. We handle 757 00:37:46.000 --> 00:37:49.639 all the details for the consumer. They could sit back 758 00:37:49.679 --> 00:37:53.679 and watch their money double in two years. 759 00:37:53.880 --> 00:37:55.280 Now here's the other thing. I like. 760 00:37:55.480 --> 00:38:00.280 Okay, and because I'm doing it with you, and when 761 00:38:00.320 --> 00:38:01.960 I say and I'll explain that more. 762 00:38:02.000 --> 00:38:03.679 But I believe in the program. 763 00:38:03.800 --> 00:38:07.519 So a person becomes a landlord, but they're really not 764 00:38:08.000 --> 00:38:10.639 running around fixing things or doing things. And it's not 765 00:38:10.840 --> 00:38:13.599 in Denver, it's not in Colorado. And that's a good 766 00:38:13.639 --> 00:38:16.679 thing because but why I know is this. If you 767 00:38:16.719 --> 00:38:18.840 have dozens of clients, let's say that go into a 768 00:38:19.000 --> 00:38:22.199 hot market because you've identified it, and then you guys 769 00:38:22.199 --> 00:38:26.559 start selling, you're actually raising the comps and kind of 770 00:38:27.239 --> 00:38:31.760 decreasing the viability of that market by your own performance. 771 00:38:32.079 --> 00:38:32.960 Does that make sense? 772 00:38:34.920 --> 00:38:39.280 It's theoretically economically it makes sense, but that's not what 773 00:38:39.480 --> 00:38:45.840 happens because while we have a good share of those markets, 774 00:38:45.880 --> 00:38:49.400 not enough share, and we don't sell instantly. We're not 775 00:38:49.559 --> 00:38:53.239 selling all of the same time. That's what makes the Oh. 776 00:38:53.280 --> 00:38:57.400 That's right, okay. And the whole time is between what 777 00:38:57.760 --> 00:38:58.440 is the whole time? 778 00:38:58.519 --> 00:39:02.119 Usually the whole time it is usually two to two 779 00:39:02.159 --> 00:39:05.039 and three quarter years. Literally, we have it down to 780 00:39:05.119 --> 00:39:08.320 two years and two and three quarter years because we 781 00:39:08.559 --> 00:39:13.199 put seasonality on when a customer should sell their home 782 00:39:13.320 --> 00:39:17.519 to get maximum dollars. So it's under three years, and 783 00:39:17.599 --> 00:39:23.000 they're doubling their money and selling one good, great property 784 00:39:23.119 --> 00:39:27.159 and buying two good, great properties at no out of 785 00:39:27.519 --> 00:39:28.320 pocket money. 786 00:39:30.039 --> 00:39:30.360 Okay. 787 00:39:30.400 --> 00:39:33.480 Now let's talk to Dean with his tax question. Dean, 788 00:39:34.039 --> 00:39:37.440 so let's uh, let's do your story here. You rented 789 00:39:37.480 --> 00:39:41.639 out equipment to somebody. It did not work out. He 790 00:39:41.719 --> 00:39:45.159 wasn't he wasn't doing I imagine this is heavy equipment 791 00:39:45.199 --> 00:39:46.000 we're talking about. 792 00:39:47.280 --> 00:39:47.719 Yeah. 793 00:39:47.800 --> 00:39:49.679 Yeah, and he wasn't taking care of it. 794 00:39:49.719 --> 00:39:50.480 He was abusive. 795 00:39:51.079 --> 00:39:54.159 I had to tell him, what is. 796 00:39:54.119 --> 00:39:57.400 The situation right now? Then tell me about the situation right. 797 00:39:57.760 --> 00:40:01.239 So what happened is his wife was bugging about filling 798 00:40:01.239 --> 00:40:04.559 out a W nine. Later in last year at twenty four. 799 00:40:05.119 --> 00:40:08.000 I would like, now, a W nine is something that 800 00:40:08.079 --> 00:40:10.280 you would fill out if you worked for them. 801 00:40:11.440 --> 00:40:14.679 Exactly, he's trying to use a ten ninety nine for 802 00:40:14.719 --> 00:40:15.199 a rental. 803 00:40:17.719 --> 00:40:19.159 Well, actually don't even. 804 00:40:19.039 --> 00:40:23.280 Know if I paid you. Well, a lot of people 805 00:40:23.320 --> 00:40:26.199 get confused. A lot of people get confused about this. 806 00:40:26.800 --> 00:40:30.039 And you can go both ways. I actually used to 807 00:40:30.119 --> 00:40:33.119 have people like they pay me an endorsement fee, let's say, 808 00:40:33.760 --> 00:40:37.960 and I would have people want me that they would 809 00:40:38.039 --> 00:40:40.559 send me a ten ninety nine for the money they 810 00:40:40.599 --> 00:40:45.480 paid me, right, that would be income. And I said, well, well, 811 00:40:45.920 --> 00:40:49.079 well it's a ten ninety nine meaning, but it was 812 00:40:49.159 --> 00:40:51.320 improper in that I'm a corporation. 813 00:40:51.440 --> 00:40:52.280 They're a corporation. 814 00:40:52.960 --> 00:40:55.360 And it's like I asked them, do you send ten 815 00:40:55.440 --> 00:40:57.519 ninety nine's to your grocery store? 816 00:40:57.800 --> 00:41:00.639 Do you send ten ninety nine's to your car dealer? 817 00:41:01.000 --> 00:41:01.639 You know you don't. 818 00:41:01.719 --> 00:41:05.719 You don't, But it doesn't do you any harm because 819 00:41:06.199 --> 00:41:08.880 the ten ninety nine you're going to claim the income anyway. 820 00:41:09.320 --> 00:41:11.920 So you just put the ten ninety nine into your tax. 821 00:41:12.159 --> 00:41:14.119 And here's what I had to do. Here's where it 822 00:41:14.159 --> 00:41:14.480 got me. 823 00:41:14.840 --> 00:41:17.639 Listen, if you don't put it comes down to this though, 824 00:41:17.679 --> 00:41:20.960 you issue a ten ninety nine to anybody you paid over, 825 00:41:21.039 --> 00:41:24.599 I believe it's six hundred bucks other than a corporation. 826 00:41:24.880 --> 00:41:28.880 That's it. That's right. But Mark here, here's what he did. 827 00:41:28.880 --> 00:41:29.480 You got hold on one. 828 00:41:29.519 --> 00:41:32.599 You finished, but I don't want. 829 00:41:32.440 --> 00:41:34.360 You to finish yet because I want to say this 830 00:41:34.480 --> 00:41:36.840 to get the right information out for people listening. 831 00:41:37.039 --> 00:41:38.920 Okay, then you can finish your story. 832 00:41:39.039 --> 00:41:42.159 But when we're on the topic, they do issue them 833 00:41:42.199 --> 00:41:44.800 to corporations, and they do it in error. 834 00:41:45.239 --> 00:41:46.400 But when they do. 835 00:41:46.559 --> 00:41:50.559 Issue it, it would be wrong for you not to 836 00:41:50.679 --> 00:41:54.320 include it because you end up getting dinged. I'm going 837 00:41:54.360 --> 00:41:57.119 to tell you from personal experience. When you get a 838 00:41:57.199 --> 00:42:00.440 ten ninety nine, whether it was issued an error or not, 839 00:42:00.840 --> 00:42:01.559 you put it. 840 00:42:01.480 --> 00:42:02.599 On your tax return. 841 00:42:02.800 --> 00:42:07.360 And here's what I say, included in corporate income line 842 00:42:07.480 --> 00:42:08.519 numbers such and such. 843 00:42:08.719 --> 00:42:10.800 That's all I do. Okay, Now, what were you going 844 00:42:10.880 --> 00:42:11.480 to say, Dean? 845 00:42:12.199 --> 00:42:15.679 Okay, so he doesn't have any of my personal information 846 00:42:15.719 --> 00:42:17.320 because I don't want I don't trust the guy. So 847 00:42:17.360 --> 00:42:20.239 what he did is he went to my wife's business 848 00:42:20.440 --> 00:42:25.360 EI N and sent her a ten ninety nine, which 849 00:42:25.360 --> 00:42:29.400 I'm a manager of the LLC. But he doesn't. He didn't, 850 00:42:29.440 --> 00:42:32.119 he didn't get anybody signed anything, and then all of 851 00:42:32.119 --> 00:42:38.639 a sudden, I'm getting this massive W nine and I 852 00:42:38.679 --> 00:42:40.719 haven't went through the checks. I went through the bank. 853 00:42:40.800 --> 00:42:41.000 Dean. 854 00:42:41.079 --> 00:42:43.199 I want to ask you something, But here's what I 855 00:42:43.239 --> 00:42:45.239 want to ask you. Let's just get right down to 856 00:42:45.280 --> 00:42:47.239 the facts. I don't want to talk about the substance. 857 00:42:48.079 --> 00:42:51.719 How much money did he actually pay? How much money 858 00:42:51.760 --> 00:42:55.000 did he actually pay you in rent for the year. 859 00:42:56.760 --> 00:42:59.079 He's put down twenty three thousand. I don't know if 860 00:42:59.079 --> 00:42:59.880 that's accurate or not. 861 00:43:00.800 --> 00:43:04.360 Okay, so let's say let's say he really did pay 862 00:43:04.400 --> 00:43:07.199 you twenty grand. Okay, let's just say he did. Now 863 00:43:07.480 --> 00:43:10.960 if what I don't understand. What I do not understand 864 00:43:11.599 --> 00:43:15.159 is why do you care if he sends you a 865 00:43:15.199 --> 00:43:18.000 ten ninety nine for twenty grand but he should he 866 00:43:18.079 --> 00:43:23.360 paid you? Yeah, Well, it depends are you dean? Did 867 00:43:23.400 --> 00:43:26.320 he rent from you as an dean? Did he rent 868 00:43:26.320 --> 00:43:29.519 from you as an individual? Or did he rent or 869 00:43:29.519 --> 00:43:30.519 were you a corporation. 870 00:43:31.679 --> 00:43:34.840 I'm gonna well, he paid me to my name, to 871 00:43:34.920 --> 00:43:36.360 my personal name. 872 00:43:36.920 --> 00:43:39.800 Okay, that's why you're getting a ten ninety nine. And 873 00:43:39.840 --> 00:43:41.119 when he could not get a. 874 00:43:41.119 --> 00:43:45.480 Ten ninety nine to you, to my wife, Dean, Dean, 875 00:43:45.679 --> 00:43:47.960 I heard that, and I'm explaining that to you. 876 00:43:48.400 --> 00:43:51.320 That's just because they want to get a tax deduction, 877 00:43:51.880 --> 00:43:54.800 so they want to give it to something an entity 878 00:43:54.840 --> 00:43:55.639 that they can. 879 00:43:55.800 --> 00:43:56.840 And it's in error. 880 00:43:57.119 --> 00:43:59.519 But what you should do, and I don't know why 881 00:43:59.599 --> 00:44:03.440 you're not, is give him the proper information so he 882 00:44:03.599 --> 00:44:05.599 can amend it and say. 883 00:44:05.440 --> 00:44:07.559 Because he's a felon and I don't want him having 884 00:44:07.599 --> 00:44:08.320 my information. 885 00:44:09.400 --> 00:44:12.760 Dean, Dean that I'm sorry, you're in the wrong here. 886 00:44:13.320 --> 00:44:16.280 Well you're in the wrong. You're in the wrong, Okay, yeah, 887 00:44:16.480 --> 00:44:23.559 you are, because you absolutely are. If someone pays you, Dean, if. 888 00:44:23.480 --> 00:44:26.039 You just listen, you'd hear I understand that, or you 889 00:44:26.079 --> 00:44:27.880 can write I am telling you. 890 00:44:28.480 --> 00:44:32.000 I am telling you that. If you hang up on Dean, 891 00:44:32.039 --> 00:44:35.280 I'm done with Dean. I'm done with him. If someone 892 00:44:35.360 --> 00:44:38.440 pays you more than six hundred dollars a year, you 893 00:44:38.679 --> 00:44:42.360 must supply them with a W nine. If you don't 894 00:44:42.559 --> 00:44:45.760 like the guy you're doing business with, then don't take 895 00:44:46.000 --> 00:44:48.880 his money. But if you're a know it all, just 896 00:44:48.920 --> 00:44:49.880 do whatever you want. 897 00:44:50.079 --> 00:44:51.119 But you're wrong, Dean. 898 00:44:51.679 --> 00:44:54.440 He should be giving you a ten ninety nine and 899 00:44:54.519 --> 00:44:56.920 whether you like the guy or not doesn't matter. 900 00:44:57.280 --> 00:44:59.000 The tax code doesn't. 901 00:44:58.639 --> 00:45:01.800 Say you only I get ten ninety nine's from people 902 00:45:01.840 --> 00:45:06.119 you like. I don't even know what that damn issue is. 903 00:45:06.639 --> 00:45:08.719 He was asking a question, but he knew it all. 904 00:45:09.159 --> 00:45:12.119 The bottom line is this, if you get paid, you 905 00:45:12.239 --> 00:45:15.239 fill out a W nine and if you don't fill 906 00:45:15.239 --> 00:45:15.599 it out. 907 00:45:15.880 --> 00:45:17.760 Now what he was wrong? What he did? 908 00:45:18.119 --> 00:45:22.039 Yes, that other guy was wrong, just just willy nilly 909 00:45:22.079 --> 00:45:23.320 giving it ten ninety nine. 910 00:45:23.199 --> 00:45:23.880 To his wife. 911 00:45:24.360 --> 00:45:27.400 But still she's gonna have to deal with that and 912 00:45:27.440 --> 00:45:28.480 the easiest way. 913 00:45:28.280 --> 00:45:30.960 To deal with it is to do it properly. That's 914 00:45:30.960 --> 00:45:31.360 the way. 915 00:45:31.519 --> 00:45:34.480 That's the easiest way is to have it issued in 916 00:45:34.559 --> 00:45:37.719 your name. Now, if he destroyed your equipment or you 917 00:45:37.800 --> 00:45:39.960 had to make repairs, that comes off of the ten 918 00:45:40.039 --> 00:45:44.599 ninety nine as a deduction. But that's the way it's done. Scott, 919 00:45:44.639 --> 00:45:45.559 what's going on with you? 920 00:45:45.719 --> 00:45:46.119 Scott? 921 00:45:47.719 --> 00:45:50.039 Yeah, Hey, Tom, this this is a little bit jimming. 922 00:45:50.119 --> 00:45:52.880 This is car related. But I just have a quick Yeah, 923 00:45:53.000 --> 00:45:56.079 I just need some guidance, Okay. So I live in 924 00:45:56.079 --> 00:45:58.679 Arizona from Colorado. Have been listening to you for years. 925 00:45:59.519 --> 00:46:02.519 I'm a no birds So I live here in the winter, 926 00:46:03.320 --> 00:46:05.840 and then I live up in Wisconsin. In the summer, 927 00:46:06.639 --> 00:46:10.679 I leave two new cars in my garage in Arizona, Okay, 928 00:46:10.719 --> 00:46:14.920 a twenty two Ram True and a T eighteen twenty 929 00:46:14.920 --> 00:46:16.400 eighteen Chief Wrangler. 930 00:46:17.400 --> 00:46:18.360 And how long do you leave? 931 00:46:18.519 --> 00:46:24.639 Usually about five months roughly. Is it wise for me 932 00:46:24.760 --> 00:46:28.920 to disconnect the batteries because this takes a toll on 933 00:46:29.000 --> 00:46:31.880 batteries down here. Is it wise for these newer cars 934 00:46:31.920 --> 00:46:36.079 to be disconnected from a battery for that long or not? 935 00:46:36.519 --> 00:46:39.199 Now, it would do no harm they sit. 936 00:46:39.559 --> 00:46:42.840 It would okay, but over all that time it would 937 00:46:42.880 --> 00:46:45.599 erase some of your stuff and you'd have to reprogram 938 00:46:45.960 --> 00:46:49.440 if you don't have the onboard batteries the little mini 939 00:46:49.480 --> 00:46:51.920 batteries to keep them charge, so it doesn't do you 940 00:46:51.960 --> 00:46:53.000 a lot of harm. 941 00:46:53.280 --> 00:46:54.199 That's really up to you. 942 00:46:54.519 --> 00:46:57.119 Now, if you have a third battery or a second battery, 943 00:46:57.159 --> 00:46:59.480 A lot of cars like Mercedes have a battery for 944 00:46:59.599 --> 00:47:03.159 keeping on, then you would want to disconnect that one too, literally, 945 00:47:03.199 --> 00:47:06.679 because disconnecting one will just erase, will just kill the 946 00:47:06.719 --> 00:47:09.000 other one. Anyway, you may as well disconnect them both. 947 00:47:09.320 --> 00:47:12.320 There's nothing wrong with disconnecting, but they make right now. 948 00:47:12.440 --> 00:47:16.280 Solid state battery tenders you could use as well, or 949 00:47:16.320 --> 00:47:19.039 solar battery tenders, but that's up to you if. 950 00:47:18.880 --> 00:47:19.960 You want to disconnect it. 951 00:47:20.000 --> 00:47:22.800 You feel better that way, I mean, ultimately, that's probably 952 00:47:22.880 --> 00:47:26.840 the one thousand percent safest way battery tenders, even though 953 00:47:27.119 --> 00:47:28.679 nowadays they're near perfect. 954 00:47:29.360 --> 00:47:32.639 Who knows what can happen, right, all right. 955 00:47:32.599 --> 00:47:35.639 So with newer engines, with all the electronics, I wasn't 956 00:47:35.639 --> 00:47:37.559 sure if it was okay to leave them, you know 957 00:47:37.760 --> 00:47:38.639 there would do that. 958 00:47:38.840 --> 00:47:40.880 It would do no harm to them. It would do 959 00:47:40.960 --> 00:47:43.239 no harm to them, you know. 960 00:47:43.719 --> 00:47:48.280 Again you as far as the odometers and stuff, I 961 00:47:48.320 --> 00:47:51.239 think they have a little on board battery and that 962 00:47:51.280 --> 00:47:54.840 will last for years without being powered. Okay, so you 963 00:47:54.880 --> 00:47:58.400 don't have to worry about LED readouts, but just be 964 00:47:58.519 --> 00:48:01.599 ready when you come home. Sometimes you got to reprogram 965 00:48:01.639 --> 00:48:05.440 your siege, your your radio stations, your all your stuff. 966 00:48:05.800 --> 00:48:08.880 Even your GPS could lose it's it's memory stuff. 967 00:48:08.960 --> 00:48:09.440 Yeah. 968 00:48:09.559 --> 00:48:13.760 So Kevin Kevin Caulkin, a Sheridan auto tech answered that 969 00:48:13.840 --> 00:48:16.559 for somebody one time who was asking him a very 970 00:48:16.559 --> 00:48:19.599 similar question. And I remember what he told them, that 971 00:48:19.679 --> 00:48:22.400 there's no harm at all, but you disconnect, you know 972 00:48:22.440 --> 00:48:27.360 what you disconnect, right? You disconnect the the ground end. 973 00:48:29.280 --> 00:48:33.679 I actually bring the batteries into the Oh okay, then 974 00:48:33.760 --> 00:48:34.760 do that the laundry room. 975 00:48:34.800 --> 00:48:35.440 Okay, do that. 976 00:48:35.519 --> 00:48:37.480 Yeah, just all right, get them out of the heat. 977 00:48:37.519 --> 00:48:38.079 You know what I mean? 978 00:48:39.400 --> 00:48:41.760 Yep, okay, yeah, you can do it that way, all right, 979 00:48:41.840 --> 00:48:44.119 And and then you oh, I see what you're saying. Yeah, 980 00:48:44.159 --> 00:48:46.599 it would it would. And don't store a battery on 981 00:48:46.639 --> 00:48:47.440 a hard surface. 982 00:48:47.480 --> 00:48:51.000 Okay, yeah, I put them on a other Pandy twelve. 983 00:48:51.159 --> 00:48:53.239 I set them on a piece of wood. 984 00:48:55.119 --> 00:48:57.840 Okay, it would better, It would be good to Okay, 985 00:48:57.880 --> 00:49:00.480 there's nothing wrong with that. I would put two twos 986 00:49:00.519 --> 00:49:05.280 and stem them across. For some reason, batteries or maybe 987 00:49:05.320 --> 00:49:07.719 not the new batteries, but there used to be something 988 00:49:07.760 --> 00:49:10.960 about storing them on hard surfaces. And maybe someone can 989 00:49:11.039 --> 00:49:13.239 chime in that knows about that on YouTube or something. 990 00:49:13.280 --> 00:49:15.719 But I don't think it's gonna make a big deal 991 00:49:15.760 --> 00:49:18.039 with the new batteries. Three oh three seven one three 992 00:49:18.119 --> 00:49:20.320 talk seven to one three, yes, sir, while. 993 00:49:20.159 --> 00:49:23.960 We're on the top of the batteries, is it people, 994 00:49:24.119 --> 00:49:25.880 there's this myth. I don't know if it's true or 995 00:49:25.920 --> 00:49:28.599 not that if you have batteries, like you know, when 996 00:49:28.599 --> 00:49:31.039 you have your triple A and double A batteries for 997 00:49:31.159 --> 00:49:33.960 all your devices. Is it better to sell them in 998 00:49:34.000 --> 00:49:37.000 the refrigerator than in a at room temperature? 999 00:49:38.960 --> 00:49:43.480 Okay, if it's truly room temperature, it's fine. But most 1000 00:49:43.519 --> 00:49:46.360 of the time where you think is room temperature gets 1001 00:49:46.440 --> 00:49:49.719 very very hot and then it won't very well get cold, 1002 00:49:49.760 --> 00:49:52.320 but it gets very very hot. The only reason people 1003 00:49:52.400 --> 00:49:54.880 keep them in a a in a refrigerator. The only 1004 00:49:54.960 --> 00:49:57.079 benefit there is that it's an even temperature. 1005 00:49:57.239 --> 00:49:57.840 It's not so. 1006 00:49:57.800 --> 00:50:01.280 Much being cold, but being even in fact cold will 1007 00:50:01.320 --> 00:50:04.880 discharge it faster. I wouldn't put my batteries in a refrigerator. 1008 00:50:05.079 --> 00:50:07.400 You just want to keep them in a stable environment. 1009 00:50:07.599 --> 00:50:10.239 But if it's too hot or too cold, it will 1010 00:50:10.280 --> 00:50:14.840 discharge them, especially the cold. That's why evs and cars 1011 00:50:15.039 --> 00:50:16.440 discharge faster and cold. 1012 00:50:16.480 --> 00:50:18.920 So if any everybody in the kitchen has a junk 1013 00:50:19.000 --> 00:50:21.719 draw right, so just put him in a junk draw 1014 00:50:21.760 --> 00:50:21.920 in the. 1015 00:50:24.280 --> 00:50:25.920 I I storm in a drawer. 1016 00:50:26.000 --> 00:50:28.239 I don't call it a junk drawer because it's very 1017 00:50:28.320 --> 00:50:29.920 neat and clean and organized. 1018 00:50:29.960 --> 00:50:35.519 But yes, as your house, I have not one. I 1019 00:50:35.559 --> 00:50:39.079 have not one junk drawer in this house. Your house, 1020 00:50:39.639 --> 00:50:42.440 they can get out one nothing can get misplaced, not 1021 00:50:42.480 --> 00:50:45.320 one nothing, not one thing. Nope. 1022 00:50:46.360 --> 00:50:49.360 I know it sounds crazy, but hey three oh three 1023 00:50:49.519 --> 00:50:51.719 seven one three A two five five one Clear Choice 1024 00:50:51.719 --> 00:50:53.800 Garage dowers for all your garage door needs. 1025 00:50:54.159 --> 00:50:55.000 They handle it all. 1026 00:50:55.039 --> 00:50:58.239 What I love about him is their prices are totally 1027 00:50:58.280 --> 00:51:07.119 disclosed on the website one Clear Choice Stores dot com. 1028 00:51:07.360 --> 00:51:10.599 Go with a sure thing Denver's Best Roofer Excel Roofing 1029 00:51:10.719 --> 00:51:13.360 dot com. You don't pay a cent until you're content. 1030 00:51:16.760 --> 00:51:19.920 Time for an insurance check up free, no obligation. In comparison, 1031 00:51:20.039 --> 00:51:23.639 call Compass Insurance. Paying too much your coverage at dozens 1032 00:51:23.639 --> 00:51:26.360 of insurance companies find out Now three oh three seven 1033 00:51:26.360 --> 00:51:28.719 to seven to one help. You'll think you're his only 1034 00:51:28.800 --> 00:51:31.280 customer when you choose Frank durand the real estate Man 1035 00:51:31.320 --> 00:51:34.800 dot com to list your home with Remax Alliance three 1036 00:51:34.800 --> 00:51:42.679 oh three nine two zero sixteen twenty two. By the way, 1037 00:51:42.679 --> 00:51:45.239 you get your insurance check up at Compass Insurance three 1038 00:51:45.280 --> 00:51:47.519 oh three nine nine six nine thousand. Make sure you're 1039 00:51:47.559 --> 00:51:50.480 not paying too much. Make sure you're not paying you're 1040 00:51:50.559 --> 00:51:54.039 not under insured, and it's all free and it's honest. 1041 00:51:54.119 --> 00:51:56.559 Three oh three nine ninety six nine thousand, Adrian has 1042 00:51:56.559 --> 00:51:57.519 a comment on batteries. 1043 00:51:57.559 --> 00:52:00.760 Go ahead, Adrian, good day sir. 1044 00:52:00.760 --> 00:52:02.559 How are you today? 1045 00:52:02.599 --> 00:52:05.079 I'm doing good? Thank you. What is your comment on batteries? 1046 00:52:06.320 --> 00:52:10.079 My comment is you don't ever ever disconnect it. Leave 1047 00:52:10.119 --> 00:52:12.119 a little too whine trickle charger or a low en 1048 00:52:12.199 --> 00:52:12.960 trickle charger. 1049 00:52:14.239 --> 00:52:15.440 Okay, as long as you don't. 1050 00:52:15.519 --> 00:52:17.639 You can't set them on concrete or dirt. Put them 1051 00:52:17.639 --> 00:52:18.440 on two by four. 1052 00:52:19.199 --> 00:52:21.400 Hey, by the way, why is it you can't set 1053 00:52:21.400 --> 00:52:22.400 them on a hard surface? 1054 00:52:22.440 --> 00:52:24.960 I never got an explanation. Battery asked The. 1055 00:52:24.880 --> 00:52:27.000 Power will drain out of it into the ground. 1056 00:52:28.639 --> 00:52:32.480 Wow, right now, okay, yeah, and okay, now tell me, though, 1057 00:52:32.960 --> 00:52:35.800 tell me why you will you wouldn't disconnect them and 1058 00:52:35.840 --> 00:52:37.559 put them on a two by four in the house. 1059 00:52:38.400 --> 00:52:42.840 It can be detrimental to the computerized systems in cars nowadays. 1060 00:52:42.880 --> 00:52:47.519 It can affect them. Really, yes, yes, don't ever have. 1061 00:52:47.679 --> 00:52:49.239 Just from removing power? 1062 00:52:50.199 --> 00:52:51.199 Pardon really? 1063 00:52:51.920 --> 00:52:54.960 Could you let me ask you something silly? Could you 1064 00:52:55.039 --> 00:53:00.199 theoretically just get a little these battery maintainers you're saying 1065 00:53:00.199 --> 00:53:01.400 they're pretty damn safe. 1066 00:53:03.159 --> 00:53:05.400 Yeah, A little two app a little trickle charger, that's 1067 00:53:05.400 --> 00:53:06.000 all you need. 1068 00:53:06.599 --> 00:53:09.519 Yeah, yeah, and so what about if you bought a 1069 00:53:09.559 --> 00:53:12.920 little battery. What if you bought he didn't want to 1070 00:53:13.000 --> 00:53:15.719 leave the battery because it gets so hot in that garage. 1071 00:53:16.079 --> 00:53:17.719 What if you took the battery. 1072 00:53:18.599 --> 00:53:22.239 You had a battery just for I know this sounds crazy, 1073 00:53:22.480 --> 00:53:23.199 for the summers. 1074 00:53:23.199 --> 00:53:26.559 You leave and you have just a maintainer battery you. 1075 00:53:26.599 --> 00:53:30.679 Use, I'd still have a trickle charger on it. 1076 00:53:31.320 --> 00:53:35.039 Yeah, but I mean, this guy's talking, this guy's talking Phoenix. 1077 00:53:35.159 --> 00:53:37.480 I mean it can hit one hundred and twenty five 1078 00:53:37.880 --> 00:53:40.920 up to one hundred and fifty degrees in his garage. 1079 00:53:40.960 --> 00:53:44.079 I mean, how does the battery even? What does it 1080 00:53:44.159 --> 00:53:48.440 do at one hundred and fifty degrees? I have no idea. 1081 00:53:49.000 --> 00:53:49.199 You know. 1082 00:53:49.320 --> 00:53:52.239 My experience with that is I've had some awful hot 1083 00:53:52.360 --> 00:53:55.639 days in the garage here, and the worst I've ever 1084 00:53:55.679 --> 00:53:57.760 seen as far as what it does to the battery 1085 00:53:57.840 --> 00:54:01.280 is some of them swell up a little bit. But 1086 00:54:02.199 --> 00:54:05.079 hot or cold. I mean, these batteries are good to 1087 00:54:05.159 --> 00:54:09.320 minus twenty degrees and and plus one hundred and twenty degrees. 1088 00:54:10.840 --> 00:54:15.760 They're they're all that doesn't hurt them. 1089 00:54:16.000 --> 00:54:16.440 Wow. 1090 00:54:17.639 --> 00:54:20.639 Yeah, well, you know I just didn't know. Well, now 1091 00:54:20.719 --> 00:54:22.559 I want to know this. Though now I know a 1092 00:54:22.559 --> 00:54:24.599 little bit about electronics, I need to ask you this, 1093 00:54:25.440 --> 00:54:28.039 What is it that would do I can't think of 1094 00:54:28.079 --> 00:54:33.719 a computer chip or anything electronic that would be that 1095 00:54:33.760 --> 00:54:35.559 would go bad because. 1096 00:54:35.199 --> 00:54:38.800 It did not have any power to it. 1097 00:54:40.159 --> 00:54:42.920 My car happened my car if literally it ran out 1098 00:54:42.920 --> 00:54:45.639 of power I would have I don't even think I'd 1099 00:54:45.679 --> 00:54:50.000 be able to move it after recharging it. Literally, Really, 1100 00:54:50.599 --> 00:54:53.480 it wouldn't know who it was, right Mark, Why wouldn't. 1101 00:54:53.320 --> 00:54:54.639 What update it was on you? 1102 00:54:54.880 --> 00:54:55.039 Oh? 1103 00:54:55.079 --> 00:54:58.079 Oh I see, I see? Or your key and all 1104 00:54:58.119 --> 00:55:00.079 that you mean my key would I mean nothing. 1105 00:55:00.079 --> 00:55:02.079 I wouldn't even be able to get the car moving. 1106 00:55:02.840 --> 00:55:05.039 But but it wouldn't do any harm to it. 1107 00:55:05.360 --> 00:55:08.400 Yes, you would have to reprogram but it wouldn't destroy anything. 1108 00:55:09.199 --> 00:55:09.920 Absolutely not. 1109 00:55:10.000 --> 00:55:11.840 The worst case scenario would be they have to take 1110 00:55:11.880 --> 00:55:13.559 it to the dealer to have it reprogrammed. 1111 00:55:14.599 --> 00:55:16.760 Okay, you're ruined the computer? 1112 00:55:16.920 --> 00:55:19.440 No way, No, okay, okay, you'd have to get towed 1113 00:55:19.480 --> 00:55:21.000 though you're not going to go anywhere. 1114 00:55:21.119 --> 00:55:23.960 No no, yeah, no, no, I'm in agreement with both 1115 00:55:24.000 --> 00:55:24.239 of you. 1116 00:55:24.280 --> 00:55:27.719 Absolutely. Yeah. What you're saying is the pain in the ass. 1117 00:55:27.719 --> 00:55:30.480 Why go through all of that? Yeah, Okay, it's not 1118 00:55:30.519 --> 00:55:31.480 going to be as simple. 1119 00:55:31.199 --> 00:55:32.199 As just charger. 1120 00:55:32.280 --> 00:55:35.000 Yeah, the battery doers are cheap and it's perfect. 1121 00:55:35.599 --> 00:55:37.719 I use them. I use them on my aircraft. 1122 00:55:37.800 --> 00:55:41.079 That's what my RV does to when it's plugged into 1123 00:55:41.079 --> 00:55:45.000 a fifty amp in the house batteries or the starting 1124 00:55:45.079 --> 00:55:47.519 batteries dropped to whatever like twelve five. 1125 00:55:47.719 --> 00:55:49.440 I don't know the exact amount. 1126 00:55:49.719 --> 00:55:53.199 It'll actually trickle charge from the actual fifty amp plug 1127 00:55:53.480 --> 00:55:55.280 for a matter of time till it hits it. 1128 00:55:55.320 --> 00:55:57.079 Then it cycles off. It's pretty cool. 1129 00:55:58.079 --> 00:55:59.079 Yeah, it's automatic. 1130 00:55:59.119 --> 00:56:00.920 It cycles on and michaels off. 1131 00:56:02.960 --> 00:56:06.760 The charger does it'll stop charging and it's at a 1132 00:56:06.800 --> 00:56:08.639 certain voltage. 1133 00:56:09.679 --> 00:56:11.960 And I did you know that guy that called before 1134 00:56:12.639 --> 00:56:15.519 or no, it was Doc. I had an uncle, and 1135 00:56:15.599 --> 00:56:17.880 it flashed me back to like forty years. 1136 00:56:18.280 --> 00:56:19.440 This dude kept. 1137 00:56:19.239 --> 00:56:22.679 Every battery you know, nine volts in double a's, triple 1138 00:56:22.760 --> 00:56:23.840 a's DC. 1139 00:56:24.440 --> 00:56:26.119 He kept them all in his freezer. 1140 00:56:26.639 --> 00:56:28.760 And for the life of me, I have no idea 1141 00:56:28.840 --> 00:56:31.559 why he kept his batteries in the freezer, but he did. 1142 00:56:32.360 --> 00:56:34.480 He probably still does. He's ninety six. 1143 00:56:35.880 --> 00:56:38.440 Well, evidently if nothing happened, nothing happened. But it's not 1144 00:56:38.519 --> 00:56:41.320 advised to do such a thing, says right on the package, 1145 00:56:41.440 --> 00:56:43.519 A certain temperature range and refrigerator is. 1146 00:56:43.639 --> 00:56:44.280 Kept on the one. 1147 00:56:44.400 --> 00:56:45.119 Yeah it's weird. 1148 00:56:46.559 --> 00:56:48.239 Yeah, I've never kept him in them, but I wouldn't 1149 00:56:48.239 --> 00:56:52.199 advise putting them a refrigerator anyway. A nice cool cabinet. 1150 00:56:54.360 --> 00:56:55.880 Were a junk droy like Tom's. 1151 00:56:57.599 --> 00:56:59.960 He doesn't have a junk drawer yet, so very organized, 1152 00:57:00.119 --> 00:57:01.800 nicely and there's not a piece of junk in it. 1153 00:57:01.800 --> 00:57:03.119 I bet this stuff that he uses. 1154 00:57:03.519 --> 00:57:07.239 I remember he had a toolbox sitting in our office 1155 00:57:07.280 --> 00:57:11.519 here at the station, and in one of the drawers 1156 00:57:11.519 --> 00:57:13.800 for this toolbox it was organized. 1157 00:57:13.880 --> 00:57:14.440 Oh my god. 1158 00:57:14.639 --> 00:57:20.559 He had no less than thirty LPT cables for old 1159 00:57:20.639 --> 00:57:23.519 school dot matrix printers that hadn't been used, I know, 1160 00:57:23.880 --> 00:57:25.719 since the early two thousands. 1161 00:57:25.880 --> 00:57:29.519 I know he probably know what I no. No, I 1162 00:57:29.519 --> 00:57:33.119 don't hoard stuff, but I don't like waste. And when 1163 00:57:33.119 --> 00:57:36.639 Mark told me this isn't waste, they're never gonna come back. 1164 00:57:38.199 --> 00:57:40.280 But I hear Mark, I swear to God, I hear 1165 00:57:40.360 --> 00:57:42.840 your voice. You know you brought that up. I saw 1166 00:57:42.960 --> 00:57:45.400 that toolbox, by the way, and it's here and I 1167 00:57:45.440 --> 00:57:47.840 still have cables in it, and every time I walk 1168 00:57:47.920 --> 00:57:50.280 by it, I hear Mark, I really do. So when 1169 00:57:50.280 --> 00:57:53.119 I open that up and I see these cables, I think, 1170 00:57:53.320 --> 00:57:54.039 am I ever. 1171 00:57:53.920 --> 00:57:56.960 Going to use? How many lightning cables have you hoarded? 1172 00:57:58.400 --> 00:57:59.960 Oh man, over the years of lot? 1173 00:58:00.280 --> 00:58:03.199 Sure take a couple for five years from now you'll 1174 00:58:03.239 --> 00:58:04.199 want one of those people. 1175 00:58:04.199 --> 00:58:06.519 Oh yeah, you know they're going to go back to 1176 00:58:06.599 --> 00:58:08.440 the old LPT cables. 1177 00:58:09.360 --> 00:58:09.599 Fuck. 1178 00:58:09.639 --> 00:58:13.480 Hey, J has a comment, keep player too, Tom, just 1179 00:58:13.559 --> 00:58:14.039 in case. 1180 00:58:15.280 --> 00:58:17.440 Yeah, Jay, what is your comment? Go ahead, Jay? 1181 00:58:19.159 --> 00:58:21.559 A couple of things. A couple of things, Tom. The 1182 00:58:21.599 --> 00:58:23.400 first one is you can take the battery out of 1183 00:58:23.400 --> 00:58:26.400 your modern everyday car, flight around the world in an 1184 00:58:26.400 --> 00:58:29.599 airplane twice, pick it back in. You've heard exactly nothing. 1185 00:58:29.880 --> 00:58:32.960 What you will do is reprogram your radio stations and 1186 00:58:33.400 --> 00:58:36.719 as you drive it might relearn your your habits a 1187 00:58:36.800 --> 00:58:39.039 little bit. You would never notice the difference otherwise. 1188 00:58:39.119 --> 00:58:41.039 But but a Tesla was different. 1189 00:58:41.119 --> 00:58:42.880 Oh my god, dude, I'd have to get it to 1190 00:58:42.960 --> 00:58:43.519 the deal with you. 1191 00:58:45.000 --> 00:58:47.639 Yeah, that Tesla things a whole different lot of wax. 1192 00:58:47.719 --> 00:58:50.519 But you can take a modern battery out set on 1193 00:58:50.519 --> 00:58:53.599 your grudge floor an extra car. I ain't gonna hurt nothing. 1194 00:58:53.639 --> 00:58:56.599 But back in the day plastics being what they weren't, 1195 00:58:57.239 --> 00:59:00.079 it would actually the humidity and the moisture from the 1196 00:59:00.079 --> 00:59:04.719 concrete could actually witch believe it or not slightly and 1197 00:59:05.039 --> 00:59:07.480 drain your battery and grow a little bit of green buzz. 1198 00:59:07.559 --> 00:59:10.800 And it was pretty ugly. But now modern batteries they 1199 00:59:10.800 --> 00:59:14.639 don't care that plastics are so insulative, so nothing happens, you. 1200 00:59:14.599 --> 00:59:18.800 Know what you know, I know, batteries have come such 1201 00:59:18.800 --> 00:59:24.800 a long way. I love the the fabric rat wrapped batteries, 1202 00:59:24.840 --> 00:59:28.800 and they now the AGM. Is that what they call. 1203 00:59:28.719 --> 00:59:31.000 Them, the a GM Yep, that's what I got in 1204 00:59:31.039 --> 00:59:31.400 the r V. 1205 00:59:32.960 --> 00:59:35.320 Yeah, well those are the ones I have in my aircraft. 1206 00:59:35.440 --> 00:59:37.960 I think they're called a GM's are they? They're solid 1207 00:59:38.000 --> 00:59:38.679 right inside. 1208 00:59:40.480 --> 00:59:42.239 J great batteries. 1209 00:59:42.639 --> 00:59:44.119 They're great batteries. 1210 00:59:45.320 --> 00:59:50.039 And okay, another word about batteries is that like any electricity, 1211 00:59:50.360 --> 00:59:52.559 the hotter it gets, the less efficient that it is, 1212 00:59:53.440 --> 00:59:55.840 and also at a stain range of the same thing 1213 00:59:55.880 --> 00:59:59.119 with cold, So heat's actually way harder on a battery 1214 00:59:59.159 --> 01:00:03.039 than cold is. We'll recover from the cold, but heat 1215 01:00:03.039 --> 01:00:06.239 can kill on my MAT's. Just if you look at 1216 01:00:06.440 --> 01:00:10.800 any electrical program, it'll a call for a certain amount 1217 01:00:11.760 --> 01:00:14.239 at a certain temperature, Like if you're in a really 1218 01:00:14.280 --> 01:00:17.920 really really hot desert, they might want twelve dach wire 1219 01:00:18.000 --> 01:00:20.280 where if you're in Alaska, fourteen spine. 1220 01:00:21.000 --> 01:00:21.679 So yeah, I. 1221 01:00:21.800 --> 01:00:22.639 Sat an efficient. 1222 01:00:23.000 --> 01:00:26.480 So anyway, I want to ask it, when you get 1223 01:00:26.519 --> 01:00:29.119 in your car mark and it's hot or really cold, 1224 01:00:29.639 --> 01:00:31.760 does your range actually show a difference? 1225 01:00:32.079 --> 01:00:36.960 Oh, man, I have parked it. We were in Norfolk, Nebraska. 1226 01:00:37.519 --> 01:00:41.119 I think it's probably been two years. It was negative 1227 01:00:42.079 --> 01:00:45.800 five or ten. I had a sixty percent charge on 1228 01:00:45.880 --> 01:00:50.079 it at about seven o'clock at night. We got up 1229 01:00:50.119 --> 01:00:53.199 to start heading back. At about five or six am, 1230 01:00:53.280 --> 01:00:56.199 it was negative five or ten and that sucker was 1231 01:00:56.239 --> 01:00:59.800 down to thirty percent. It dropped thirty percent no over, 1232 01:01:00.159 --> 01:01:01.199 Oh crap? 1233 01:01:01.320 --> 01:01:05.719 Or it dropped no drop fifty fifty percent overnight? 1234 01:01:05.800 --> 01:01:06.039 Right? 1235 01:01:06.480 --> 01:01:10.000 Wow? Ho is crap? Great? Okay, we got more coming up. 1236 01:01:10.599 --> 01:01:13.599 Kinase Home Solutions, don't forget they have the solution for you, 1237 01:01:13.679 --> 01:01:16.320 whether it's siding, windows, doors or more. Caneage has what 1238 01:01:16.400 --> 01:01:18.440 you're looking for. Three oh three, four seven, one fifty 1239 01:01:18.480 --> 01:01:24.639 one fifty Go with a sure thing Denver's Best roofer 1240 01:01:24.800 --> 01:01:26.280 Excel roofing dot com. 1241 01:01:26.320 --> 01:01:28.360 You don't pay a cent until you're content. 1242 01:01:31.719 --> 01:01:34.880 Time for an insurance check up free no obligation comparison 1243 01:01:35.039 --> 01:01:38.599 call Compass Insurance paying too much your coverage at dozens 1244 01:01:38.599 --> 01:01:41.320 of insurance companies find out now three oh three seven 1245 01:01:41.440 --> 01:01:44.440 seven one help. You'll think you're his only customer when 1246 01:01:44.480 --> 01:01:46.960 you choose Frank durand the real estate Man dot com 1247 01:01:46.960 --> 01:01:50.079 to list your home with Remax Alliance three oh three 1248 01:01:50.159 --> 01:01:51.880 nine two zero sixteen twenty two. 1249 01:01:55.000 --> 01:01:57.159 All right, Barry. 1250 01:01:56.960 --> 01:02:00.719 Miller's with us from vesteraturnkey dot com, where they help 1251 01:02:00.760 --> 01:02:04.920 you become a landlord. So, Barry, a man walks in 1252 01:02:04.920 --> 01:02:06.679 from the street, a woman walks in from the street, 1253 01:02:06.719 --> 01:02:09.800 a couple walks in from the street, a retired people, whoever, 1254 01:02:10.039 --> 01:02:12.519 and they say, what, Barry, I want to get involved. 1255 01:02:12.559 --> 01:02:13.440 What's the first step? 1256 01:02:13.840 --> 01:02:15.960 Yeah, the first yes, they say that. 1257 01:02:16.079 --> 01:02:18.719 And the first step is really what we call a 1258 01:02:18.800 --> 01:02:25.360 short conversation. What are their wealth building wants, needs and questions? 1259 01:02:25.960 --> 01:02:29.760 And then we get They usually say, well, we want 1260 01:02:29.880 --> 01:02:33.199 the highest return in our money, and then we talk 1261 01:02:33.280 --> 01:02:36.800 about how we get that, and there's nothing comparable forty 1262 01:02:36.880 --> 01:02:41.280 five to fifty percent or more annual return. And these 1263 01:02:41.320 --> 01:02:44.800 are lower returns than we had two three and four 1264 01:02:44.920 --> 01:02:49.000 years ago. Why because we've had higher interest rates. 1265 01:02:49.360 --> 01:02:50.480 Right, that's right. 1266 01:02:51.000 --> 01:02:54.199 So then when they want to get involved, and this 1267 01:02:54.280 --> 01:02:56.840 is something I tell people all the time, you're not 1268 01:02:57.039 --> 01:02:59.360 putting them in a group of people that own a 1269 01:02:59.440 --> 01:03:00.920 rental or time or a bunch of them. 1270 01:03:01.199 --> 01:03:04.000 Each person, each client owns their own rental. 1271 01:03:04.199 --> 01:03:07.960 They own their own rental outright now, we're overseeing it 1272 01:03:08.000 --> 01:03:11.400 for them, and we tell them that early, yes, so 1273 01:03:11.440 --> 01:03:14.679 they don't have to manage it. We oversee the manager 1274 01:03:14.800 --> 01:03:19.119 that we have, you know, found, vetted and selected. And 1275 01:03:19.480 --> 01:03:22.559 they say, oh, thank goodness, you know because we hear 1276 01:03:23.119 --> 01:03:25.559 stories about that. And I said, yeah, the stories are 1277 01:03:25.639 --> 01:03:30.679 usually because of poor management, and we don't allow poor management. 1278 01:03:30.719 --> 01:03:32.119 Plus we're overseeing it. 1279 01:03:34.000 --> 01:03:36.840 Plus you get you screened, the clients that the renters 1280 01:03:36.880 --> 01:03:39.559 and all that. So I want to I want to 1281 01:03:39.559 --> 01:03:43.360 get into the nitty gritty. So when the person that 1282 01:03:43.440 --> 01:03:46.079 comes to you to invest also has to qualify for 1283 01:03:46.119 --> 01:03:47.199 the loan on that rental. 1284 01:03:47.440 --> 01:03:48.119 Yes, they do. 1285 01:03:48.199 --> 01:03:52.360 Now, we have some customers that choose to go all cash. 1286 01:03:52.480 --> 01:03:54.320 That's their choice. There, I wouldn't. 1287 01:03:54.559 --> 01:03:57.800 I wouldn't either, because you're getting one good investment where 1288 01:03:57.840 --> 01:04:00.440 with all the cash they have, they could get four 1289 01:04:00.639 --> 01:04:04.639 times the return, that's right, But that's their choice. 1290 01:04:04.679 --> 01:04:06.840 But yeah, you're right, they have to be approved for 1291 01:04:06.920 --> 01:04:07.320 the loan. 1292 01:04:07.440 --> 01:04:10.760 But that means Tom, they have to put down twenty 1293 01:04:10.880 --> 01:04:14.239 or twenty five percent of the purchase price. 1294 01:04:14.280 --> 01:04:15.360 And to find. 1295 01:04:15.079 --> 01:04:19.400 The best properties in the United States of America, not 1296 01:04:19.599 --> 01:04:23.480 second best. There's no second best out there, and we 1297 01:04:23.599 --> 01:04:26.280 are vest there a turnkey and there is no second 1298 01:04:26.280 --> 01:04:30.679 best statistically mathematically. But to do that, you still have 1299 01:04:30.760 --> 01:04:35.280 to have seventy or seventy five thousand dollars and that's 1300 01:04:35.440 --> 01:04:41.159 not in everybody's extra IRA four oh one or savings. 1301 01:04:42.920 --> 01:04:44.039 Okay, Okay. 1302 01:04:44.079 --> 01:04:48.199 Now, when somebody invests and then they have a loan, 1303 01:04:48.960 --> 01:04:50.239 who makes that loan payment? 1304 01:04:50.679 --> 01:04:56.679 They do? They make it themselves. The property management does 1305 01:04:56.760 --> 01:04:59.480 not make that for them. 1306 01:04:59.639 --> 01:05:02.400 Okay. So what does property management do for them? 1307 01:05:02.559 --> 01:05:02.880 Okay? 1308 01:05:02.880 --> 01:05:07.159 First of all, they make sure the property is renderable. 1309 01:05:07.239 --> 01:05:11.159 We're talking to the property managers before our customers ever 1310 01:05:11.239 --> 01:05:15.760 owned the property, understand So they they then advertise get 1311 01:05:15.800 --> 01:05:21.079 tenants very quickly, get good qualified tenants who are not 1312 01:05:21.280 --> 01:05:25.519 trouble makers. Our record on that is like ninety nine 1313 01:05:25.599 --> 01:05:29.119 point eight percent. Okay, It's like ivory soap. It's really 1314 01:05:29.159 --> 01:05:33.559 really good. But in any case, they then manage the property. 1315 01:05:33.599 --> 01:05:37.079 They all take care of the occasional which is about 1316 01:05:37.159 --> 01:05:42.000 once every two years there's a minor little problem, maybe 1317 01:05:42.039 --> 01:05:45.079 a screen broke or a window broke, or you know, 1318 01:05:45.119 --> 01:05:47.360 a toilet gets stuffed and blocked. 1319 01:05:47.480 --> 01:05:50.480 Okay, But the magic is, the magic is finding the 1320 01:05:50.559 --> 01:05:52.440 right client, the right tenants, right the. 1321 01:05:52.440 --> 01:05:56.559 Right tenants, and they find them through ultra screening, I 1322 01:05:56.559 --> 01:06:00.400 mean lots of screening of the tenants, and that that's 1323 01:06:00.440 --> 01:06:00.760 the case. 1324 01:06:00.880 --> 01:06:03.119 You only buy properties where you would have a positive 1325 01:06:03.159 --> 01:06:03.840 cash flow. 1326 01:06:03.719 --> 01:06:07.760 Right neutral to positive cash flow. Yes, the higher rate, Okay, 1327 01:06:07.920 --> 01:06:09.639 you know, you know have made that. 1328 01:06:09.599 --> 01:06:11.679 Alle you you're not doing it though, you're not doing 1329 01:06:11.760 --> 01:06:13.719 it for the cash flow. You're mainly doing it for 1330 01:06:13.760 --> 01:06:14.559 the equity growth. 1331 01:06:14.559 --> 01:06:18.440 Equity equity growth is twenty times what cash flow brings 1332 01:06:18.480 --> 01:06:22.159 into people. We're not against cash flow. We want positive 1333 01:06:22.519 --> 01:06:25.840 cash flow. It's pretty much a requirement, okay, that we 1334 01:06:25.960 --> 01:06:27.119 have some even. 1335 01:06:26.840 --> 01:06:27.599 A little. 1336 01:06:28.920 --> 01:06:32.079 Do they ever have to feed the cash flow. 1337 01:06:32.320 --> 01:06:37.119 We have had nearly nearly and I mean the statistic 1338 01:06:37.239 --> 01:06:42.760 again is zero point one percent okay of our customers 1339 01:06:42.840 --> 01:06:46.320 have even ever had to pay the first month mortgage 1340 01:06:46.559 --> 01:06:49.800 before a tenant was they're paying it for them, so 1341 01:06:50.440 --> 01:06:52.280 nearly no feeding. 1342 01:06:52.719 --> 01:06:54.440 Yeah, but if you had a furnace, I got to 1343 01:06:54.480 --> 01:06:57.320 take something like that. I mean, you could go negative 1344 01:06:57.360 --> 01:06:58.280 in a month. 1345 01:06:58.159 --> 01:06:59.920 If you have a furnace break. 1346 01:07:00.119 --> 01:07:03.519 There was a mistake in buying the property because we 1347 01:07:03.719 --> 01:07:07.559 are so so it can happen, and I tell everybody 1348 01:07:07.599 --> 01:07:08.360 it can't happen. 1349 01:07:08.840 --> 01:07:09.039 Now. 1350 01:07:09.239 --> 01:07:13.320 The however, is we're screening the furnace before our buyers 1351 01:07:13.400 --> 01:07:16.840 even buy it, before they have a full time inspector 1352 01:07:16.960 --> 01:07:20.199 buy it. And the big things that we screen our furnace, 1353 01:07:20.239 --> 01:07:23.840 air conditioning, and roof, the big guts of the of 1354 01:07:23.880 --> 01:07:24.519 the property. 1355 01:07:24.599 --> 01:07:25.719 And I gotta take a break. 1356 01:07:25.840 --> 01:07:29.199 Go okay, just hold on three all three seven one 1357 01:07:29.199 --> 01:07:31.920 three eight two five five. KH Home Solutions three h 1358 01:07:31.960 --> 01:07:34.360 three fourths seven one fifty. Well let me give you 1359 01:07:34.360 --> 01:07:36.159 the real number here, I get the mix of it. 1360 01:07:36.159 --> 01:07:38.440 It's four to one seventy one hundred. So it's KH 1361 01:07:38.519 --> 01:07:41.519 Home Solutions three h three four to one seventy one hundred, 1362 01:07:41.760 --> 01:07:43.159 window siding, doors and more. 1363 01:07:43.239 --> 01:07:44.719 KH has what you're looking for. 1364 01:07:49.599 --> 01:07:52.840 Go with a sure thing Denver's Best roofer, Excel Roofing 1365 01:07:52.960 --> 01:07:53.559 dot Com. 1366 01:07:53.599 --> 01:07:59.320 You don't pay a cent until you're content. Time for 1367 01:07:59.360 --> 01:08:01.440 an insurance. Yeah, cup free, no obligation. 1368 01:08:01.480 --> 01:08:05.320 In comparison, call Compass insurance paying too much your coverage 1369 01:08:05.320 --> 01:08:08.000 at dozens of insurance companies find out now three all 1370 01:08:08.039 --> 01:08:10.400 three seven to seven to one help. You'll think you're 1371 01:08:10.440 --> 01:08:12.960 his only customer when you choose Frank durand the real 1372 01:08:13.039 --> 01:08:16.039 estate man dot com to list your home with Remax 1373 01:08:16.079 --> 01:08:21.560 Alliance three all three nine two zero sixteen twenty two. 1374 01:08:23.439 --> 01:08:24.600 Hey Tom Martin know here? 1375 01:08:24.680 --> 01:08:27.760 Three oh three seven one three talk seven one three 1376 01:08:27.760 --> 01:08:29.039 eight two five five. 1377 01:08:29.319 --> 01:08:30.880 I want to go to the phone. So well, let's 1378 01:08:30.880 --> 01:08:31.479 talk to Barry. 1379 01:08:31.479 --> 01:08:35.640 So, Barry, what is the minimum investment for getting involved? 1380 01:08:36.039 --> 01:08:41.439 Yeah, the minimum investment through vester Era is typically just 1381 01:08:41.600 --> 01:08:47.279 around seventy thousand dollars. That's everything down payment and closing costs. 1382 01:08:48.840 --> 01:08:51.359 Okay, then they get a loan, then they put in 1383 01:08:51.439 --> 01:08:53.880 seventy and they let you guys take care of it. 1384 01:08:54.000 --> 01:08:56.479 And how much a year to take the phone calls 1385 01:08:56.560 --> 01:08:59.359 and hassle and all of that. Do you charge? 1386 01:08:59.600 --> 01:09:04.560 Yes, we now charge six hundred dollars a year per property. 1387 01:09:04.800 --> 01:09:07.479 It's paid a time of closing, not up front. You 1388 01:09:07.479 --> 01:09:09.520 know what those are pennies. 1389 01:09:10.399 --> 01:09:10.840 Pennies. 1390 01:09:12.119 --> 01:09:16.079 Oh my god, I have customers calling me stupid. They said, Barry, 1391 01:09:16.239 --> 01:09:19.000 you're one of the smarter people, but you're stupid. And 1392 01:09:19.039 --> 01:09:21.600 they've said you got to double that. Well I don't 1393 01:09:21.640 --> 01:09:23.960 and I haven't yet. 1394 01:09:24.119 --> 01:09:24.680 Wow. 1395 01:09:25.079 --> 01:09:26.359 It's just amazing to me. 1396 01:09:26.800 --> 01:09:30.479 Okay, So then what about the management company itself? 1397 01:09:30.720 --> 01:09:32.720 Do you add to that fee on top? 1398 01:09:33.039 --> 01:09:37.159 Say, we take no money from anyone the lenders. You know, 1399 01:09:37.279 --> 01:09:41.000 lenders sometimes say, you know, thanks for the business, and 1400 01:09:41.079 --> 01:09:43.520 I say, and they have maybe one one hundredth a 1401 01:09:43.520 --> 01:09:46.640 few dollars. I said, pass that off to our customers, 1402 01:09:46.680 --> 01:09:47.079 thank you. 1403 01:09:49.199 --> 01:09:53.760 Okay, Now does AU how does it work? For expenses 1404 01:09:53.800 --> 01:09:56.479 and all of that? Are the owners assessed monthly? 1405 01:09:56.680 --> 01:09:59.359 Quarterly? Do they keep it cashing hown? Going? With the rent? 1406 01:09:59.359 --> 01:10:00.000 How does it work? 1407 01:10:00.279 --> 01:10:05.800 No, I mean the expenses of the property rental? Yeah yeah, 1408 01:10:05.800 --> 01:10:09.479 well but but all the more the rent is covering 1409 01:10:09.600 --> 01:10:12.760 all the costs of the rental. We include everything in there, 1410 01:10:13.359 --> 01:10:16.319 all the costs. Okay, if there's you know, h oa. 1411 01:10:16.239 --> 01:10:20.000 That's so very Seldom does an owner have to kick 1412 01:10:20.079 --> 01:10:20.560 in money? 1413 01:10:20.600 --> 01:10:24.680 Oh oh oh not not even once every eighteen months? 1414 01:10:26.199 --> 01:10:27.960 Oh my god. Oh yeah, you know. 1415 01:10:28.079 --> 01:10:30.239 You've really you really perfected this thing. 1416 01:10:31.119 --> 01:10:31.520 Thank you. 1417 01:10:32.199 --> 01:10:34.880 But our customers say that, and now you know you're 1418 01:10:34.960 --> 01:10:37.880 experiencing that and you're seeing it, and yeah, yes, we 1419 01:10:38.000 --> 01:10:40.479 still don't want it to sound too good to be true. 1420 01:10:40.840 --> 01:10:42.800 We do a lot of work now, of course make 1421 01:10:42.880 --> 01:10:45.920 it happen, but no, no, such no, And we're going to 1422 01:10:45.960 --> 01:10:48.239 talk about people who don't That's the I wanted to 1423 01:10:48.279 --> 01:10:51.000 lead up to people who don't have the seventy five 1424 01:10:51.279 --> 01:10:53.560 or seventy but they still want to be part of it. 1425 01:10:53.880 --> 01:10:56.079 And that's what I'm doing with vest Era, and I'm 1426 01:10:56.119 --> 01:10:58.079 proud to be doing it. We'll talk about that coming 1427 01:10:58.159 --> 01:11:03.720 up and more on the Troubleshooter Show. Go with a 1428 01:11:03.760 --> 01:11:07.199 sure Thing Denver's best roofer Excel Roofing dot com. 1429 01:11:07.239 --> 01:11:09.239 You don't pay a cent until you're content. 1430 01:11:12.640 --> 01:11:15.840 Time for an insurance check up free no obligation comparison 1431 01:11:15.960 --> 01:11:19.479 call Compass Insurance paying too much your coverage at dozens 1432 01:11:19.520 --> 01:11:22.279 of insurance companies find out now three oh three, seven 1433 01:11:22.359 --> 01:11:25.159 seven to one help. You'll think you're his only customer 1434 01:11:25.199 --> 01:11:27.479 when you choose Frank durand the Real estate Man dot 1435 01:11:27.479 --> 01:11:30.800 com to list your home with Remax Alliance three oh 1436 01:11:30.840 --> 01:11:33.560 three nine two zero sixteen twenty two. 1437 01:11:33.600 --> 01:11:38.840 Ye rid of. 1438 01:11:40.640 --> 01:11:42.640 You needed that? 1439 01:11:42.800 --> 01:11:43.840 Who you don't have to. 1440 01:11:46.279 --> 01:11:48.439 Run anxiousness fast as we can. 1441 01:11:49.119 --> 01:11:50.840 Show Shooter's gonna help. 1442 01:11:51.119 --> 01:11:53.960 Come man, this is. 1443 01:11:53.880 --> 01:11:57.399 The Troubleshooter Show. No, Tom Martinez. 1444 01:11:59.319 --> 01:12:01.239 Hey, I'm Tom. Welcome to the show. 1445 01:12:01.239 --> 01:12:04.399 We got Barry Miller with us from Vestera Turnkey. We'll 1446 01:12:04.399 --> 01:12:07.399 talk about his program and how I'm getting involved. Right now, though, 1447 01:12:07.439 --> 01:12:10.600 we go to Christy, who has an issue with her 1448 01:12:10.680 --> 01:12:12.239 car making noise. 1449 01:12:12.640 --> 01:12:13.720 What's going on? Christy? 1450 01:12:13.800 --> 01:12:15.720 You can always call us at three o three seven 1451 01:12:15.760 --> 01:12:18.319 to one three talk seven one three eight two five 1452 01:12:18.399 --> 01:12:20.920 five or twenty four to seven three oh three. Martino 1453 01:12:21.079 --> 01:12:25.880 is always available. What's going on? What's happening, Christie? 1454 01:12:26.439 --> 01:12:29.960 Yes, I have a new twenty twenty five CRV hybrid 1455 01:12:30.359 --> 01:12:35.000 and I bought it February first, and I it's my 1456 01:12:35.079 --> 01:12:40.840 first hybrid, so I started, you know, sharing really on 1457 01:12:40.920 --> 01:12:45.479 day one, a whining noise and a ticking noise, and 1458 01:12:45.520 --> 01:12:48.279 I went in to service to see, you know, is 1459 01:12:48.319 --> 01:12:53.159 this just a hybrid thing? Because it seems it doesn't 1460 01:12:53.159 --> 01:12:55.479 seem right to me. But I didn't know because I 1461 01:12:55.520 --> 01:12:56.720 haven't ye hybrids. 1462 01:12:56.960 --> 01:12:58.880 By the way, how many by the way, are you 1463 01:12:59.000 --> 01:13:01.319 please otherwise? Please? He's with it? Is it? Is it 1464 01:13:01.359 --> 01:13:02.039 a great car? 1465 01:13:03.279 --> 01:13:06.199 I think so, I'm just having a hard time. I 1466 01:13:06.239 --> 01:13:07.920 want to love the car, and I love the way 1467 01:13:07.960 --> 01:13:10.920 it looks the sport models and it's dark blue and 1468 01:13:10.960 --> 01:13:14.199 it's got the black you know, wheels and grill and yeah, 1469 01:13:14.279 --> 01:13:18.279 I think it's beautiful. But I need to get over 1470 01:13:18.560 --> 01:13:21.720 I need to figure out this these noises because they're 1471 01:13:21.760 --> 01:13:23.520 literally making me feel sad. 1472 01:13:23.680 --> 01:13:27.640 Okay, so did you Here's something I always suggest people do. Christy, 1473 01:13:28.000 --> 01:13:31.159 Here's something I suggest people do many times. If you 1474 01:13:31.199 --> 01:13:33.800 go to the same dealer and you ask them about it, 1475 01:13:34.119 --> 01:13:36.760 that once they've decided it's nothing or it's this, or 1476 01:13:36.760 --> 01:13:39.279 it's that, they don't change. But if you go to 1477 01:13:39.359 --> 01:13:42.159 another dealer, even if it's not the one you want 1478 01:13:42.159 --> 01:13:45.119 to keep going to for service, and just say, by 1479 01:13:45.159 --> 01:13:48.000 the way, you know, what is this noise? 1480 01:13:48.439 --> 01:13:49.119 Have you done that? 1481 01:13:49.279 --> 01:13:53.079 Have you tried other dealers? Well, it looks like it's normal. 1482 01:13:53.119 --> 01:13:58.720 It's the high pressure injectors basically that are warming up. 1483 01:13:58.840 --> 01:14:01.079 I mean, there's a lot of people that talk about it, 1484 01:14:01.119 --> 01:14:03.800 and everybody says it's a one hundred percent normal. 1485 01:14:03.840 --> 01:14:05.039 What did the dealer. 1486 01:14:04.760 --> 01:14:09.399 Say, so I have an appointment Friday. I've already talked 1487 01:14:09.399 --> 01:14:12.840 to them twice that they haven't driven it for this issue, 1488 01:14:13.520 --> 01:14:15.840 so I'm going to find out Friday. I kind of 1489 01:14:15.840 --> 01:14:18.439 put them on notice that, you know, I just really 1490 01:14:18.479 --> 01:14:20.359 want someone really good to make sure. 1491 01:14:22.199 --> 01:14:23.479 What are the noises? Now? 1492 01:14:23.640 --> 01:14:27.159 The whining noise is the electric The electric motor makes 1493 01:14:27.159 --> 01:14:29.680 a really weird sound. I mean, I remember when Mark 1494 01:14:29.760 --> 01:14:31.720 was pulling out of my driveway just the other day. 1495 01:14:32.039 --> 01:14:34.800 I heard I turned around, said, what the hell it? 1496 01:14:35.039 --> 01:14:37.920 It sounds like an outer spaceship. But it's it's a whine. 1497 01:14:38.399 --> 01:14:41.920 That is probably what you're hearing the wine about that, 1498 01:14:42.039 --> 01:14:42.960 it's it's the. 1499 01:14:43.760 --> 01:14:46.760 Yeah, that's a different name. So the wine I'm hearing 1500 01:14:46.960 --> 01:14:50.840 is almost constant from zero to seventy, it gets higher 1501 01:14:50.880 --> 01:14:53.920 and higher pitched. And once it had seventy, either it's 1502 01:14:53.960 --> 01:14:57.199 beyond my ability to hear it, or or there's so 1503 01:14:57.279 --> 01:14:58.920 much road noise you can't hear it anymore. 1504 01:14:58.960 --> 01:14:59.159 Oh. 1505 01:14:59.520 --> 01:15:02.239 Does it start out low pitched and it goes m 1506 01:15:03.479 --> 01:15:05.800 like that? I mean, just starts out low and goes hi. 1507 01:15:06.680 --> 01:15:11.039 It starts out medium and goes higher. It's just go 1508 01:15:11.239 --> 01:15:11.800 higher and hide. 1509 01:15:11.920 --> 01:15:16.039 Okay, and have you ever had anyone actually experience the 1510 01:15:16.119 --> 01:15:17.439 noise along with you? 1511 01:15:18.479 --> 01:15:18.720 Yes? 1512 01:15:18.960 --> 01:15:21.079 And I actually last Friday I went in to have 1513 01:15:21.159 --> 01:15:23.119 them look at it, but they couldn't because I didn't 1514 01:15:23.119 --> 01:15:25.399 have an appointment, which is why I'm going back this Friday. 1515 01:15:25.640 --> 01:15:28.359 But last Friday, the salesperson that sold me the car 1516 01:15:28.720 --> 01:15:30.640 so I don only drive another one, she had a 1517 01:15:30.680 --> 01:15:33.520 carbon copy of my car and we drove the other 1518 01:15:33.560 --> 01:15:35.880 one and I didn't hear either of the noises. 1519 01:15:38.920 --> 01:15:40.319 Okay, got it. 1520 01:15:41.039 --> 01:15:47.279 So that other car was completely as you expected and yours. 1521 01:15:47.000 --> 01:15:48.239 Makes different noises. 1522 01:15:48.239 --> 01:15:50.680 Well, then that tells you right there, because the next 1523 01:15:50.680 --> 01:15:53.439 thing I was going to say is other than another dealer, 1524 01:15:54.199 --> 01:15:57.239 go to someone who has one, and you did, and 1525 01:15:57.319 --> 01:16:03.439 I guess you've You've already proven it that it's not 1526 01:16:03.520 --> 01:16:05.960 the way to go. I mean, it's just not working. 1527 01:16:06.399 --> 01:16:10.279 So somebody's got to do something. What you said, You 1528 01:16:10.319 --> 01:16:12.479 took it to a dealer, but they never actually listened. 1529 01:16:12.479 --> 01:16:14.359 This is the first time you're actually going for them 1530 01:16:14.399 --> 01:16:14.840 to listen. 1531 01:16:16.520 --> 01:16:18.520 It's the first time they will be able to listen 1532 01:16:18.560 --> 01:16:20.520 to it. Yes, it is this Friday at ten, and 1533 01:16:20.560 --> 01:16:23.880 I'll certainly follow up with you because I'm just half 1534 01:16:23.920 --> 01:16:26.399 expecting them to tell me, yes, it's normal, and I'm 1535 01:16:26.399 --> 01:16:28.239 going to tell them now it's not normal because I 1536 01:16:28.319 --> 01:16:31.119 drove a different one and it makes this noise, and 1537 01:16:31.239 --> 01:16:33.560 I just maybe, I'm well. 1538 01:16:33.479 --> 01:16:35.720 Why do you think they're Here's what I want to know. 1539 01:16:35.960 --> 01:16:39.920 Why are you so bent on thinking they're going. 1540 01:16:39.720 --> 01:16:40.199 To say that. 1541 01:16:41.960 --> 01:16:43.199 I guess I'm a pessimist. 1542 01:16:43.319 --> 01:16:48.000 Sorry, yeah, yeah, but have you taken it in for 1543 01:16:48.079 --> 01:16:49.159 any service before? 1544 01:16:49.199 --> 01:16:51.920 How many miles are on it? Hardly any? Right? 1545 01:16:52.800 --> 01:16:55.359 Well, I when I bought a head around eight hundred, 1546 01:16:55.479 --> 01:16:58.600 and I guess that got driven up from Arizona. And 1547 01:16:58.680 --> 01:17:01.640 I think that's why I'm a little confirmed, is because 1548 01:17:01.920 --> 01:17:05.479 when I bought the car, it you know, I acted 1549 01:17:05.520 --> 01:17:08.800 too quickly. But whatever, I'm fine with the car. It's beautiful, 1550 01:17:09.159 --> 01:17:12.439 but yeah, but it comes from Arizona and it had 1551 01:17:12.439 --> 01:17:15.000 the TPMs light on, and of course we closed the 1552 01:17:15.079 --> 01:17:18.399 deal late on a Saturday. So the following week I 1553 01:17:18.560 --> 01:17:21.239 came in and they had service look at the tires 1554 01:17:21.239 --> 01:17:24.279 and they're like, your air pressure is fifteen to twenty PSI. 1555 01:17:24.439 --> 01:17:27.199 That's like dangerously low. Like this is how you call 1556 01:17:27.279 --> 01:17:27.920 me the car? 1557 01:17:28.560 --> 01:17:29.319 So I'm like, what. 1558 01:17:29.359 --> 01:17:29.800 Else did you? 1559 01:17:29.920 --> 01:17:30.079 Yeah? 1560 01:17:30.119 --> 01:17:34.000 But that can change drastically with cold temperatures. That's not 1561 01:17:34.079 --> 01:17:35.479 a big deal. 1562 01:17:36.520 --> 01:17:36.600 No. 1563 01:17:36.800 --> 01:17:37.760 I mean. 1564 01:17:39.239 --> 01:17:42.079 What I would do right now, I would just see 1565 01:17:42.199 --> 01:17:45.640 what they're going to say. I wouldn't anticipate anything, just saying, look, 1566 01:17:45.840 --> 01:17:47.920 you know, it's funny. I was in my friend's car 1567 01:17:47.960 --> 01:17:50.960 the other day, just like this one, but it has 1568 01:17:51.079 --> 01:17:53.680 no and that's when I realized I have some weird 1569 01:17:53.720 --> 01:17:56.800 noises going on. That's all I'd say. And I'd like 1570 01:17:56.840 --> 01:17:57.960 to get to the bottom of it. 1571 01:17:59.560 --> 01:17:59.720 Now. 1572 01:17:59.760 --> 01:18:01.079 That car had. 1573 01:18:02.359 --> 01:18:05.560 Was never sold before, right, It wasn't a return lemon 1574 01:18:05.640 --> 01:18:06.479 or anything, was it. 1575 01:18:07.880 --> 01:18:11.399 That's correct. They told me they traded it for another 1576 01:18:11.840 --> 01:18:15.079 vehicle in Arizona, and so I. 1577 01:18:15.079 --> 01:18:16.880 Wait a minute. I didn't wait a minute. So it 1578 01:18:17.000 --> 01:18:18.760 wasn't you're the second owner. 1579 01:18:20.000 --> 01:18:22.399 No, they well, they sold it to me new and 1580 01:18:22.479 --> 01:18:25.960 I did ask for a carfax and they said, well, 1581 01:18:26.000 --> 01:18:28.800 there won't be a carfax because you haven't titled it yet. 1582 01:18:28.880 --> 01:18:31.000 And I said, well, so I went home and I 1583 01:18:31.000 --> 01:18:33.560 pulled the carfax anyway, just for a peace of mind, 1584 01:18:34.119 --> 01:18:37.560 and it did listen and the dealer in Arizona, and 1585 01:18:37.600 --> 01:18:40.600 then it listed the dealer in Colorado. 1586 01:18:42.279 --> 01:18:45.159 Oh okay, so you are the first owner, because I 1587 01:18:45.279 --> 01:18:48.840 was wondering. Sometimes, you know, if you're not the first owner. 1588 01:18:49.079 --> 01:18:52.800 I'm not saying the car's automatically bad, but sometimes they 1589 01:18:52.920 --> 01:18:55.520 trade somebody out of it if they can't figure out 1590 01:18:55.560 --> 01:18:57.359 what the problem is and they hope the new person 1591 01:18:57.399 --> 01:18:58.079 doesn't get it. 1592 01:18:59.560 --> 01:19:03.600 That's I'm concerned about. So, I mean, I'll go yeah. 1593 01:19:03.479 --> 01:19:05.680 But you said you're the first owner. Though it's not 1594 01:19:05.760 --> 01:19:07.720 like they did that because you're the first owner. 1595 01:19:09.119 --> 01:19:11.000 That's that's what the carfax said. 1596 01:19:11.079 --> 01:19:14.239 Yes, do you have the do you have the blue 1597 01:19:14.279 --> 01:19:17.520 that is the deeper blue, that almost purple blue. 1598 01:19:20.159 --> 01:19:21.119 It's dark. 1599 01:19:21.359 --> 01:19:23.000 I don't know if i'd call it purply. 1600 01:19:23.279 --> 01:19:23.640 It's not. 1601 01:19:24.000 --> 01:19:26.840 It's kind of metallic, but you can't really see the 1602 01:19:26.920 --> 01:19:28.520 metallic it. 1603 01:19:29.159 --> 01:19:30.760 So what kind of mileage are you getting? 1604 01:19:32.199 --> 01:19:34.840 Not as well as I had thought I would. I'm 1605 01:19:34.880 --> 01:19:37.920 getting like what thirty six maybe? 1606 01:19:38.680 --> 01:19:41.439 And oh I would think you'd get more than that. 1607 01:19:42.279 --> 01:19:43.359 I would think so too. 1608 01:19:43.960 --> 01:19:48.960 I mean, I just, yeah, why didn't you go all electric? 1609 01:19:49.079 --> 01:19:51.079 I'm just curious why you didn't go all electric? 1610 01:19:52.560 --> 01:19:57.439 I didn't want to do a plug in. I couldn't say, 1611 01:19:57.560 --> 01:20:00.720 would have done more research and maybe wouldn't have even 1612 01:20:00.760 --> 01:20:03.680 gotten a hybrid, but I got in a hurry. I 1613 01:20:03.680 --> 01:20:05.640 wanted to get out of the other vehicle I had, 1614 01:20:05.920 --> 01:20:10.000 and I just anyway, this is where I'm now, and 1615 01:20:10.079 --> 01:20:10.840 I'm trying. 1616 01:20:10.600 --> 01:20:13.359 Not to what dealer sold it to What dealer sold 1617 01:20:13.359 --> 01:20:18.439 it to you? What dealer sold it to you, Corwin, Honda? 1618 01:20:18.800 --> 01:20:21.680 What is the call? Okay, Mark, do we know anything 1619 01:20:21.680 --> 01:20:22.159 about them? 1620 01:20:22.319 --> 01:20:22.560 Yeah? 1621 01:20:22.800 --> 01:20:25.359 Haven't you know any about them? 1622 01:20:25.840 --> 01:20:29.359 No that I don't think we have a problem with them, 1623 01:20:29.600 --> 01:20:32.880 So that's pretty cool. Call us back and let us. 1624 01:20:32.800 --> 01:20:36.039 Know when are you taking it in Friday at tim. 1625 01:20:37.760 --> 01:20:40.800 Okay, Well, Friday is car Day, so we're going to 1626 01:20:40.840 --> 01:20:42.640 be actually talking cars all day. 1627 01:20:42.439 --> 01:20:43.800 On Friday until two o'clock. 1628 01:20:43.960 --> 01:20:45.920 If you if you get a chance to call, even 1629 01:20:45.920 --> 01:20:47.840 while you're there and they're checking it out, give us 1630 01:20:47.840 --> 01:20:48.560 an impression. 1631 01:20:49.800 --> 01:20:50.159 Thank you. 1632 01:20:50.199 --> 01:20:52.319 Three oh three, seven to one three talk seven to one, 1633 01:20:52.399 --> 01:20:55.119 three eight two five five A warrant. You have a 1634 01:20:55.159 --> 01:20:57.600 comment on car batteries, Go ahead? 1635 01:20:59.239 --> 01:21:02.159 Yeah, I had comment, And then a question if that's 1636 01:21:02.199 --> 01:21:03.760 okay about. 1637 01:21:03.520 --> 01:21:08.560 Storing battery Okay, So for like that house batteries, your 1638 01:21:08.600 --> 01:21:10.000 double a's triple. 1639 01:21:09.720 --> 01:21:10.359 As all that. 1640 01:21:11.000 --> 01:21:14.720 I bought it on Amazon. It's called battery Caddy it's perfect. 1641 01:21:14.880 --> 01:21:19.119 Yeah, I got one a little Yeah, that's all I 1642 01:21:19.159 --> 01:21:19.680 was gonna say. 1643 01:21:19.920 --> 01:21:24.000 You mean for storing home battery like it has double 1644 01:21:24.039 --> 01:21:27.000 a triple A nine bold, It has every little pocket 1645 01:21:27.159 --> 01:21:28.680 for every battery I. 1646 01:21:28.640 --> 01:21:31.760 Know, and and and Daphney bought me one one time. 1647 01:21:31.840 --> 01:21:34.600 Bet Daphney bought me a Christmas present. I still use 1648 01:21:34.640 --> 01:21:37.840 it to this day. It's it's a neat place to keep. 1649 01:21:37.640 --> 01:21:40.239 All of your battery. Tom generally just keeps his in 1650 01:21:40.279 --> 01:21:45.199 a junk drawer. Yeah, yeah, right, yeah, warrant. 1651 01:21:47.479 --> 01:21:47.680 Yeah. 1652 01:21:47.760 --> 01:21:49.359 Question, Do you have a minute for a question? 1653 01:21:50.319 --> 01:21:51.680 Yep, Yes, go ahead. 1654 01:21:52.600 --> 01:21:56.640 Okay, So there's about a car battery. Now there's the 1655 01:21:56.760 --> 01:21:59.159 old wives tale. I don't know if it's true or 1656 01:21:59.159 --> 01:22:02.399 not about storing a battery on cement. 1657 01:22:02.479 --> 01:22:04.079 Will that drain your buttery or not? 1658 01:22:05.680 --> 01:22:08.239 Now I'm getting a lot of people that say yes, 1659 01:22:08.560 --> 01:22:11.600 But I got some texts that said that's ridiculous. These 1660 01:22:11.600 --> 01:22:15.399 are plastic batteries, and it makes no difference if it's 1661 01:22:15.439 --> 01:22:18.039 on dirt or if it's on cement, or if it's 1662 01:22:18.039 --> 01:22:22.199 on wood. But I swear to you from personal experience, 1663 01:22:22.520 --> 01:22:25.119 when I store it on a shelf like a wire 1664 01:22:25.239 --> 01:22:28.199 shelf in my hangar as opposed to storing it on 1665 01:22:28.279 --> 01:22:31.600 the floor, they last longer. So I don't know. I 1666 01:22:31.920 --> 01:22:34.279 don't know the definitive answer. I don't know it. 1667 01:22:35.840 --> 01:22:36.439 I guess i'll do. 1668 01:22:36.520 --> 01:22:38.880 But haven't you heard no battery diet? 1669 01:22:39.039 --> 01:22:39.319 Yeah? 1670 01:22:39.479 --> 01:22:41.640 I mean, haven't you heard the same thing that you 1671 01:22:41.640 --> 01:22:43.479 shouldn't store it on a hard surface? 1672 01:22:45.000 --> 01:22:45.239 Yeah? 1673 01:22:45.239 --> 01:22:48.520 I've heard it, something about the grounding. You know what, 1674 01:22:48.720 --> 01:22:51.520 grounding will discharge the battery somehow, I. 1675 01:22:51.520 --> 01:22:52.920 Don't even understand what I heard. 1676 01:22:52.960 --> 01:22:55.960 It would possibly work, considering like you just said time, 1677 01:22:55.960 --> 01:22:58.159 they're plastic, How the hell would it drain? 1678 01:22:58.399 --> 01:23:03.039 I know that I don't know. You know, I don't know. 1679 01:23:03.680 --> 01:23:05.800 I think it might be an urban legend. 1680 01:23:06.039 --> 01:23:09.039 I mean batteries. Maybe they used to be made out 1681 01:23:09.039 --> 01:23:09.680 of metal. 1682 01:23:09.840 --> 01:23:10.399 I don't know. 1683 01:23:13.159 --> 01:23:15.520 Well, seriously, what the hell was the battery made out 1684 01:23:15.560 --> 01:23:17.079 of before plastics? 1685 01:23:19.359 --> 01:23:23.479 Let's see, I don't actually wait, actually wait, I don't 1686 01:23:23.479 --> 01:23:24.439 think they were metal? 1687 01:23:24.560 --> 01:23:27.079 Were they that would I don't think they'd be metal, 1688 01:23:27.560 --> 01:23:28.720 but they could have been. 1689 01:23:28.800 --> 01:23:30.960 Maybe the grounding part was metal, and then they had 1690 01:23:30.960 --> 01:23:34.880 a terminal for the positive and the and the ground. 1691 01:23:34.720 --> 01:23:38.479 Were made of porous materials like hard rubber, which could 1692 01:23:38.520 --> 01:23:42.840 absorb moisture from the concrete leading to a self discharge. However, 1693 01:23:43.039 --> 01:23:47.920 modern batteries with plastic cases cannot experience the series. 1694 01:23:49.640 --> 01:23:51.199 Okay, so Marcus. 1695 01:23:50.920 --> 01:23:54.359 Learning the joy of U of Chat GPT. 1696 01:23:54.840 --> 01:23:58.920 I remember we have more? Oh yeah, you remember that. 1697 01:23:59.000 --> 01:24:01.000 We got more coming up on the Troubleshooter Show three 1698 01:24:01.039 --> 01:24:03.079 oh three seven one three talks seven one three two 1699 01:24:03.119 --> 01:24:05.560 five y five. Somebody asks about that again. Renew Home 1700 01:24:05.600 --> 01:24:08.279 Innovations is the one with the porcelain, and yes, they 1701 01:24:08.359 --> 01:24:10.520 can do your kitchen with it. They can do your bathrooms, 1702 01:24:10.560 --> 01:24:13.239 they can do other rooms. Of course, they specialize in 1703 01:24:13.239 --> 01:24:15.840 the bathrooms and the showers. That's three oh three nine 1704 01:24:15.880 --> 01:24:24.039 zer A four to two thousand. Go with a sure 1705 01:24:24.159 --> 01:24:27.560 thing Denver's best roofer Excel Roofing dot com. You don't 1706 01:24:27.600 --> 01:24:33.640 pay a cent until you're content. Time for an insurance 1707 01:24:33.720 --> 01:24:37.399 check up free, no obligation. In comparison, call Compass insurance 1708 01:24:37.560 --> 01:24:40.600 paying too much your coverage at dozens of insurance companies 1709 01:24:40.680 --> 01:24:42.720 find out now three oh three seven to seven to 1710 01:24:42.720 --> 01:24:45.520 one help. You'll think you're his only customer when you 1711 01:24:45.600 --> 01:24:48.039 choose Frank durand the Real estate Man dot com to 1712 01:24:48.119 --> 01:24:51.279 list your home with Remax Alliance three oh three nine 1713 01:24:51.359 --> 01:24:58.319 two zero sixteen twenty two. Hi Tom Martino, you'r troubleshooter 1714 01:24:58.359 --> 01:25:00.680 three O three seven one three talk seven on three 1715 01:25:00.720 --> 01:25:04.880 two five five. Barry Miller is with us with a 1716 01:25:06.119 --> 01:25:08.079 Fester era turnkey, and we're going to talk to him 1717 01:25:08.119 --> 01:25:11.479 again about his program and a special. When is our 1718 01:25:11.520 --> 01:25:13.239 seminars at March sixth No? 1719 01:25:13.239 --> 01:25:15.960 No, no, April fifth, Saturday, April fifth, in. 1720 01:25:16.279 --> 01:25:19.479 April, I'm sorry, April fifth, Okay, April fifth. We're going 1721 01:25:19.560 --> 01:25:21.279 to talk about that now, Paul, you have a question 1722 01:25:21.319 --> 01:25:22.039 about landlord. 1723 01:25:22.079 --> 01:25:22.680 What's going on? 1724 01:25:25.720 --> 01:25:28.520 Sure, I might have original property and I have a 1725 01:25:29.119 --> 01:25:31.720 renter in there and the lease is coming due, but 1726 01:25:31.760 --> 01:25:34.199 I want to sell the property. So what's the best 1727 01:25:34.239 --> 01:25:36.800 way to put him on month to month? Or should 1728 01:25:36.840 --> 01:25:39.720 I offer another release to make it more attractive to 1729 01:25:39.760 --> 01:25:40.680 a potential buyer? 1730 01:25:41.319 --> 01:25:41.640 Oh? 1731 01:25:41.680 --> 01:25:43.600 I never thought of that, Barry, What do you think? 1732 01:25:44.279 --> 01:25:46.680 No, I don't recommend the year because a lot of 1733 01:25:46.760 --> 01:25:50.479 people then well, then you limit your buyers to investors, 1734 01:25:51.119 --> 01:25:53.720 and if you're wanting to sell it to a regular homeowner, 1735 01:25:53.800 --> 01:25:55.119 they're not going to wait a year. 1736 01:25:57.079 --> 01:26:04.600 Got to be I agree, Yeah, that's what I definitely 1737 01:26:04.600 --> 01:26:04.960 would do. 1738 01:26:05.159 --> 01:26:06.720 And then of course they may want to buy it. 1739 01:26:07.600 --> 01:26:10.159 Yeah, yeah, month to month is a good you. 1740 01:26:10.159 --> 01:26:13.800 Want to buy it, Paul, So what are you going 1741 01:26:13.840 --> 01:26:16.119 to do? Are you going to remain a landlord or not? 1742 01:26:18.399 --> 01:26:19.600 You're going to remain a landlord? 1743 01:26:20.680 --> 01:26:20.880 Out? 1744 01:26:22.359 --> 01:26:23.760 No, no, this time. 1745 01:26:26.600 --> 01:26:29.119 Thank you for calling, and they'll have you put them 1746 01:26:29.119 --> 01:26:29.800 on notice. 1747 01:26:30.239 --> 01:26:30.600 Thank you? 1748 01:26:31.359 --> 01:26:33.840 Yeah, all right man, thank you now. 1749 01:26:33.920 --> 01:26:34.239 Barry. 1750 01:26:34.399 --> 01:26:36.760 So we talked about people having seventy thousand dollars or 1751 01:26:36.800 --> 01:26:39.439 seventy five seven whatever, and they get involved with you, 1752 01:26:39.680 --> 01:26:41.920 they qualify for a loan. You guys take care of 1753 01:26:41.960 --> 01:26:45.560 basically all the nitty gritty. It's a very easy way 1754 01:26:45.680 --> 01:26:49.159 to have to be a landlord without actually having to 1755 01:26:49.279 --> 01:26:52.039 fix things and to be around for phone calls in 1756 01:26:52.079 --> 01:26:55.600 the middle of the night. And uh, you pick the properties. Well, 1757 01:26:55.840 --> 01:26:58.840 you very seldom have major maintenance. Your whole time is 1758 01:26:58.840 --> 01:27:03.079 a year and a half to two years. Maybe did 1759 01:27:03.079 --> 01:27:04.239 you ever go over two years? 1760 01:27:04.760 --> 01:27:04.840 No? 1761 01:27:05.119 --> 01:27:07.560 Ownership of two years? Yeah, a little bit, you know, 1762 01:27:07.640 --> 01:27:10.439 two two and a half years. Kay, that's normal, all right. 1763 01:27:11.039 --> 01:27:14.039 So people were asking me and again, I already have 1764 01:27:14.119 --> 01:27:17.880 my first one going. It's called Vestera one LLC, and 1765 01:27:17.960 --> 01:27:20.079 the next one will be Vestera two LLC. 1766 01:27:20.199 --> 01:27:21.119 And here's what I'm doing. 1767 01:27:22.079 --> 01:27:25.680 I am putting together an LLC for people that now 1768 01:27:25.760 --> 01:27:29.359 Now again, I've made this very clear, your best returns 1769 01:27:29.359 --> 01:27:30.840 are going to be when you can do a unit 1770 01:27:30.920 --> 01:27:34.239 on your own and it's yours. However, I'm putting people 1771 01:27:34.279 --> 01:27:37.319 together who don't want to do the whole seventy but 1772 01:27:37.359 --> 01:27:40.439 they want to invest twenty. My minimum will be twenty 1773 01:27:40.479 --> 01:27:43.800 thousand dollars. I will qualify for the loan, So I'm 1774 01:27:43.840 --> 01:27:45.840 not going to make anyone qualify for the loan. 1775 01:27:46.199 --> 01:27:48.000 They don't have to be on the loan at all. 1776 01:27:48.439 --> 01:27:51.439 That the property will secure the loan and I will 1777 01:27:51.479 --> 01:27:52.399 guarantee the loan. 1778 01:27:52.760 --> 01:27:54.479 I will also manage the LLC. 1779 01:27:54.800 --> 01:27:56.760 Well, what I mean by that is I'll be the 1780 01:27:56.800 --> 01:27:59.960 interface with Barry and his team. You guys don't have 1781 01:28:00.079 --> 01:28:02.119 to worry about that even and I'm not going to 1782 01:28:02.239 --> 01:28:04.680 charge a management fee. So people say, well, why are 1783 01:28:04.760 --> 01:28:06.720 you doing it? Well, I'm doing it for a few reasons. 1784 01:28:06.920 --> 01:28:09.199 It's an extra service for my people that come to 1785 01:28:09.239 --> 01:28:10.520 Waive eight Wealth Management. 1786 01:28:10.840 --> 01:28:12.560 It's also a. 1787 01:28:12.520 --> 01:28:17.159 Way for meet to get involved with Vistara and add 1788 01:28:17.159 --> 01:28:18.199 that service to people. 1789 01:28:18.399 --> 01:28:20.560 Plus I want to get involved. I think it's great. 1790 01:28:20.880 --> 01:28:24.199 So we already have the first one ready to go, 1791 01:28:24.760 --> 01:28:26.760 and I'm ready for a second one soon. 1792 01:28:26.840 --> 01:28:27.840 I got a couple people. 1793 01:28:28.199 --> 01:28:31.000 It's a minimum of twenty now, Barry. Someone asked me 1794 01:28:31.039 --> 01:28:34.079 the other day they had forty they wanted to put 1795 01:28:34.079 --> 01:28:37.960 into my first LLC, and I said to them, no, 1796 01:28:38.119 --> 01:28:40.439 wait for my second one and do two. I mean, 1797 01:28:40.479 --> 01:28:42.479 don't you still agree with that? Why would you put 1798 01:28:42.520 --> 01:28:44.359 forty in one if you can put. 1799 01:28:44.479 --> 01:28:46.479 Twenty in one and twenty in another. 1800 01:28:46.680 --> 01:28:50.319 I understand they're thinking Tom and it's valid because most 1801 01:28:50.319 --> 01:28:54.560 people have never seen what thorough research brings. All of 1802 01:28:54.600 --> 01:28:57.800 our properties are home run properties. We get asked the 1803 01:28:57.800 --> 01:29:01.239 same question, well, well should I wait for another property? No, 1804 01:29:01.560 --> 01:29:06.079 they're all very much the same on the return, so 1805 01:29:06.239 --> 01:29:08.840 it would make sense if they want to. If you 1806 01:29:09.039 --> 01:29:13.159 needed forty to close, you know, your vest therey two. 1807 01:29:13.680 --> 01:29:17.000 So there's okay, they're smart to wait. But it's not 1808 01:29:17.680 --> 01:29:21.720 it's not like the vesting or spreading it out because 1809 01:29:21.840 --> 01:29:23.520 all these properties are the same. 1810 01:29:25.800 --> 01:29:28.600 I happen to tell the yeah, I happen to tell 1811 01:29:28.640 --> 01:29:31.039 the guy, well, you get more diversity if you had 1812 01:29:31.039 --> 01:29:33.600 two properties. But what you're saying is there really is 1813 01:29:33.640 --> 01:29:37.279 no diversity as much because they're pretty much right. 1814 01:29:37.439 --> 01:29:37.640 Right. 1815 01:29:38.319 --> 01:29:41.439 Come were you going to ask Doc, Well, if I 1816 01:29:41.479 --> 01:29:44.319 were to do with Sarah on my own, I get 1817 01:29:44.319 --> 01:29:47.359 to pick and shoes when to sell the property, correct, 1818 01:29:48.640 --> 01:29:49.600 if I do it through? 1819 01:29:50.159 --> 01:29:53.680 Well, okay, I'm going to answer that Barry. First of all, 1820 01:29:53.880 --> 01:29:56.640 somebody asked me that about the LLC. If I'm going 1821 01:29:56.720 --> 01:30:00.279 to have Barry's expertise to buy and the expert he's 1822 01:30:00.359 --> 01:30:03.439 to manage, I'm going to have his expertise when to sell, 1823 01:30:03.680 --> 01:30:04.840 I'm not going to tell him when. 1824 01:30:05.159 --> 01:30:06.920 But Barry, how would you answer that? 1825 01:30:07.079 --> 01:30:07.199 Well? 1826 01:30:07.319 --> 01:30:10.680 Well, well, if somebody want they could, then it's up 1827 01:30:10.680 --> 01:30:12.800 to them when they want to sell. 1828 01:30:12.840 --> 01:30:14.880 However, they're always asked. 1829 01:30:14.960 --> 01:30:18.239 Ninety nine percent of our customers say, Barry, we want 1830 01:30:18.279 --> 01:30:19.880 to get maximum returns. 1831 01:30:20.319 --> 01:30:23.159 You tell us what that means and when. 1832 01:30:23.039 --> 01:30:26.720 It's maximum to sell, So it's it's more ninety nine 1833 01:30:26.760 --> 01:30:30.119 percent say, hey, you're the experts, you tell us when. 1834 01:30:30.279 --> 01:30:35.039 But if you want that freedom or if a you know, 1835 01:30:35.079 --> 01:30:38.239 an economic need comes up and that doesn't have to 1836 01:30:38.239 --> 01:30:41.079 be a disaster, could be a very positive one of 1837 01:30:41.159 --> 01:30:44.960 some event you need to help a family member, well, okay, 1838 01:30:45.159 --> 01:30:47.119 you just tell us though, and we'll do it. 1839 01:30:47.319 --> 01:30:50.279 Well, sure, so you're not going to refuse to sell it, 1840 01:30:50.319 --> 01:30:53.560 so doc, Yeah, it's ultimately your property. You can keep 1841 01:30:53.600 --> 01:30:55.640 it forevery of you on. You can sell it in 1842 01:30:55.680 --> 01:30:58.479 a year. But I mean, what I'm saying is I 1843 01:30:58.520 --> 01:31:01.760 think it's best to take their expertise and do what 1844 01:31:01.800 --> 01:31:02.279 they say. 1845 01:31:02.760 --> 01:31:05.680 What I'm asking is if you did one of yours 1846 01:31:05.880 --> 01:31:09.319 where I put in twenty thousand and something came up 1847 01:31:09.319 --> 01:31:12.479 and I needed the money, how could I get out? 1848 01:31:12.960 --> 01:31:14.239 And what would be my resu. 1849 01:31:14.199 --> 01:31:15.560 No, no, no. 1850 01:31:16.199 --> 01:31:17.960 When you're in the LLC, it's you're in there for 1851 01:31:18.039 --> 01:31:20.479 the duration of the property. Okay, now there's an emergence. 1852 01:31:20.520 --> 01:31:24.279 I mean, I guess it's like any other investment you make. 1853 01:31:24.359 --> 01:31:26.680 If you if you made a bond investment for two 1854 01:31:26.760 --> 01:31:29.760 years or you made it, it's going to be tied up. 1855 01:31:30.359 --> 01:31:33.239 I'm barry in my agreement and you tell me if 1856 01:31:33.279 --> 01:31:36.000 it's right. I'm saying it can be anywhere from one 1857 01:31:36.479 --> 01:31:38.520 to three years. Should I make it three and a 1858 01:31:38.560 --> 01:31:39.399 half years. 1859 01:31:39.199 --> 01:31:40.520 To be safe or what should I do? 1860 01:31:40.880 --> 01:31:43.560 I'd make it three and a half, but I don't 1861 01:31:43.680 --> 01:31:46.840 think that's going to be needed. But why not put 1862 01:31:46.880 --> 01:31:49.479 a little safety factor say, I don't have to change 1863 01:31:49.560 --> 01:31:50.399 legal docums, and. 1864 01:31:50.439 --> 01:31:53.640 Why not let someone else take that position? If someone 1865 01:31:53.680 --> 01:31:55.239 needs the cash, what's a big deal? 1866 01:31:55.760 --> 01:31:58.600 Well no, no, but here's the Okay, let me tell 1867 01:31:58.600 --> 01:32:00.960 you there's nothing wrong with taking a position. But then 1868 01:32:01.199 --> 01:32:03.319 how do you cash out the guy that wants to 1869 01:32:03.359 --> 01:32:06.000 get out in a year and and then make it 1870 01:32:06.039 --> 01:32:08.079 fair for the guy that got in after a year. 1871 01:32:08.279 --> 01:32:11.119 Where how do you allot those future profits or or 1872 01:32:11.199 --> 01:32:14.079 the current profit. You'd have to do a calculation what's 1873 01:32:14.119 --> 01:32:18.319 called the net asset value. Whenevery, whenever someone gets out 1874 01:32:18.359 --> 01:32:23.319 of an investment, we do what's called a net asset value, 1875 01:32:23.439 --> 01:32:26.159 like on our on our hedge fund or a stock, 1876 01:32:26.359 --> 01:32:28.880 it's just whatever it's selling for. But how would you 1877 01:32:28.960 --> 01:32:32.119 do a net asset value, Barry, If someone wanted to 1878 01:32:32.119 --> 01:32:33.600 get out of the LLC. 1879 01:32:33.720 --> 01:32:37.600 Praise a year earlier, we could. 1880 01:32:37.439 --> 01:32:39.800 Do all that cost Well we could, well, this is 1881 01:32:39.800 --> 01:32:42.560 where I'm going. We could do a market analysis and 1882 01:32:42.600 --> 01:32:45.399 all of this. But there's costs to everything. And if 1883 01:32:45.439 --> 01:32:48.279 somebody is going to be in a group investment, they're 1884 01:32:48.319 --> 01:32:50.600 going to have to know if they want out, there's 1885 01:32:50.640 --> 01:32:53.920 going to be a fee for it, a penalty, right. 1886 01:32:54.279 --> 01:32:56.600 Yeah, and and also if you think about it, Mark, 1887 01:32:56.800 --> 01:32:59.520 if we do a net asset value and then something 1888 01:32:59.560 --> 01:33:02.520 happens to the market, man, well, I guess that's. 1889 01:33:02.359 --> 01:33:02.960 Just the way it is. 1890 01:33:02.960 --> 01:33:03.640 That's the way it is. 1891 01:33:03.720 --> 01:33:05.039 Somebody gets out high. 1892 01:33:05.319 --> 01:33:08.159 Yeah, so you know, if Doc is a good question, 1893 01:33:08.560 --> 01:33:10.640 I haven't given a thought to people who want to 1894 01:33:10.640 --> 01:33:13.159 get out early. I would think they could find someone 1895 01:33:13.199 --> 01:33:15.479 to take their spot. I wouldn't mind them transferring it 1896 01:33:15.600 --> 01:33:17.920 or selling it. There's nothing wrong with that, But I 1897 01:33:17.920 --> 01:33:19.760 don't know if I want to get involved in that. 1898 01:33:20.039 --> 01:33:22.960 And again I can ask Barry. We're doing our first one, 1899 01:33:23.439 --> 01:33:26.880 and in our first one, I will allow owners to 1900 01:33:27.000 --> 01:33:30.319 sell to their siblings or to transfer it in an 1901 01:33:30.439 --> 01:33:33.800 estate or something like that. But I didn't want to 1902 01:33:33.800 --> 01:33:37.399 get into me being an intermediary trying to sell their shares. 1903 01:33:37.840 --> 01:33:40.079 Then that gets to be too much like a security, 1904 01:33:40.960 --> 01:33:44.279 and that's what we're trying to avoid, and Barry has 1905 01:33:44.319 --> 01:33:47.199 avoided for a long time, being called the security. 1906 01:33:47.319 --> 01:33:50.720 Yeah, at East right into the return. There's a cost 1907 01:33:50.880 --> 01:33:53.800 if you're going to be changing a group's plan. But 1908 01:33:54.359 --> 01:33:57.039 if people in an emergency would understand it and pay 1909 01:33:57.039 --> 01:33:59.279 it right, that's typically not the idea. 1910 01:33:59.399 --> 01:34:03.600 Doc it's usually discretionary funds. 1911 01:34:03.800 --> 01:34:04.279 It was just a. 1912 01:34:05.800 --> 01:34:10.279 Question, Yeah it is, Hey, Steve, what is your question? 1913 01:34:10.520 --> 01:34:13.119 Is it on a rental property or what we're talking about? 1914 01:34:14.239 --> 01:34:18.079 Well, just no, a rental property. I owned twelve different properties. 1915 01:34:18.119 --> 01:34:20.880 I've done this for a long time. But these two 1916 01:34:20.880 --> 01:34:23.359 guys that I've been running to for seven or eight 1917 01:34:23.439 --> 01:34:26.840 years and they've been extremely low maintenance and blah blah blah. 1918 01:34:27.319 --> 01:34:29.840 You know, I don't have to fix anything type thing, 1919 01:34:29.880 --> 01:34:33.439 even though I call them periodically to check out. And 1920 01:34:33.520 --> 01:34:35.239 I own the house next door as well, and so 1921 01:34:35.319 --> 01:34:39.399 I see him from times time. But last June, they 1922 01:34:39.439 --> 01:34:42.079 didn't pay the rent, and then I, you know, chased 1923 01:34:42.119 --> 01:34:44.399 after him and talked to this buddy of mine that 1924 01:34:44.520 --> 01:34:49.079 was a property official property manager versus myself, and he says, hey, 1925 01:34:49.079 --> 01:34:50.880 you got to get a ten day notice on their door. 1926 01:34:50.920 --> 01:34:54.600 And I did that. And the short story is they 1927 01:34:54.640 --> 01:34:57.800 finally paid up and paid all the light late fees, 1928 01:34:57.840 --> 01:35:00.520 and I was way money I had. And again it 1929 01:35:00.560 --> 01:35:03.439 happened in November. It wasn't to the extent it did 1930 01:35:03.439 --> 01:35:06.680 in June, and then it happened again in January. So 1931 01:35:06.720 --> 01:35:08.680 I'm thinking, I don't want to put up this nonsense, 1932 01:35:09.479 --> 01:35:12.800 you know any longer. And this property management guy says, 1933 01:35:12.800 --> 01:35:15.840 based on the laws of Colorado these days, it's hard 1934 01:35:15.880 --> 01:35:19.119 to get somebody out of a property. You know, you 1935 01:35:19.199 --> 01:35:21.199 got to tell them, say listen, I'm going to do 1936 01:35:21.239 --> 01:35:24.039 some remodeling here that you guys need to get out. 1937 01:35:25.079 --> 01:35:29.119 What are your suggestions, Well, there are all kinds of ways, 1938 01:35:29.119 --> 01:35:32.000 and I wouldn't even begin to venture. I would call 1939 01:35:32.039 --> 01:35:36.479 Bradley O'Brien O'Brien Legal Services, That's what I would do, 1940 01:35:37.880 --> 01:35:40.520 because that's going to be important that you do this right. 1941 01:35:40.560 --> 01:35:42.319 But there is a way to do it legally. There 1942 01:35:42.359 --> 01:35:44.520 are reasons you can do it, and you can do 1943 01:35:44.560 --> 01:35:47.399 it legally, but there are some reasons you can't use. 1944 01:35:47.920 --> 01:35:49.640 And they get to stay if they want. 1945 01:35:49.920 --> 01:35:53.159 That's it's become a terrible, terrible, terrible rental market. I 1946 01:35:53.199 --> 01:35:55.359 got to take a break. Three oh three seven one 1947 01:35:55.399 --> 01:35:57.920 three talks seven one three two five five. Okay, somebody 1948 01:35:57.960 --> 01:36:01.720 asks and again you can give this number out again. 1949 01:36:01.800 --> 01:36:04.279 But if you want to get involved, you can reach 1950 01:36:04.319 --> 01:36:07.079 festeraturnkey dot com and say I want to do the 1951 01:36:07.239 --> 01:36:09.479 LLC with Tom. You don't have to call me directly, 1952 01:36:09.880 --> 01:36:12.920 or you can call us as well at Waveeightcapital dot com. 1953 01:36:13.399 --> 01:36:14.560 But I'd suggest you. 1954 01:36:14.479 --> 01:36:17.399 Go to Barry and first and get all the information 1955 01:36:17.479 --> 01:36:19.600 about the program, and then if you want to be 1956 01:36:19.640 --> 01:36:24.159 part of the LLCU the smaller chunks, he'll he'll forward 1957 01:36:24.239 --> 01:36:24.640 you to me. 1958 01:36:25.520 --> 01:36:26.920 Isn't that the best way to do it, Barry? 1959 01:36:27.000 --> 01:36:30.239 I think you should the comers, Oh, absolutely, So I'd 1960 01:36:30.319 --> 01:36:33.119 like them to know the whole program, and you're the 1961 01:36:33.159 --> 01:36:35.399 one to control that. I mean, I want you to 1962 01:36:35.720 --> 01:36:38.760 explain the whole program to him. So three oh three 1963 01:36:38.840 --> 01:36:46.119 seven one three a two five five go with a 1964 01:36:46.159 --> 01:36:49.720 sure thing Denver's best roofer Excel Roofing dot com. You 1965 01:36:49.720 --> 01:36:55.479 don't pay a cent until you're content. Time for an 1966 01:36:55.520 --> 01:36:59.159 insurance check up free, no obligation. In comparison, call Compass 1967 01:36:59.199 --> 01:37:02.920 Insurance too much your coverage at dozens of insurance companies 1968 01:37:03.000 --> 01:37:05.600 find out now three all three seven seven to one help. 1969 01:37:05.760 --> 01:37:08.399 You'll think you're his only customer when you choose Frank 1970 01:37:08.479 --> 01:37:10.920 durand the real estate Man dot com to list your 1971 01:37:10.960 --> 01:37:14.079 home with Remax Alliance three all three nine two zero 1972 01:37:14.239 --> 01:37:20.840 sixteen twenty two. 1973 01:37:18.520 --> 01:37:21.680 All right, three oh three seven one three eight two 1974 01:37:21.720 --> 01:37:24.439 five five. You've been ripped off or taking advantage you 1975 01:37:24.439 --> 01:37:28.319 of have any questions on anything we've been talking about, 1976 01:37:28.399 --> 01:37:29.520 we'd love to hear from you. 1977 01:37:29.560 --> 01:37:31.199 We have open lines right now. 1978 01:37:31.199 --> 01:37:35.680 Three zero three seven, one three eight two five five 1979 01:37:36.319 --> 01:37:38.159 three zero three. 1980 01:37:38.039 --> 01:37:39.239 Martino, It's so funny. 1981 01:37:39.239 --> 01:37:43.439 We go from talking about rental units to car batteries 1982 01:37:43.880 --> 01:37:46.800 to pretty much anything you can imagine on this show. 1983 01:37:46.840 --> 01:37:49.840 We're a consumer show. In the bottom line, what we'd 1984 01:37:49.840 --> 01:37:53.560 love to do is educate and help you out personally. 1985 01:37:53.600 --> 01:37:57.000 My favorite part is when you have a bad contractor 1986 01:37:57.039 --> 01:37:59.399 that ripped you off, maybe did a shoddy job, maybe 1987 01:38:00.039 --> 01:38:03.239 ever even showed up and did any work. I can 1988 01:38:03.319 --> 01:38:06.960 think of that more often than not, which is really 1989 01:38:07.079 --> 01:38:11.640 sad these days. And how about landlords. We've been getting 1990 01:38:11.680 --> 01:38:15.239 a ton of problems with landlords lately. Let me ask 1991 01:38:15.319 --> 01:38:19.319 Barry something with Festeria properties. You know, you and Tom 1992 01:38:19.359 --> 01:38:23.000 were kind of talking about how it works. I think 1993 01:38:23.039 --> 01:38:25.640 you guys and not necessarily get into the weeds too much. 1994 01:38:25.680 --> 01:38:27.960 But the bottom lines is you find a great place, 1995 01:38:28.840 --> 01:38:31.359 you find a great area, forget even about the house. 1996 01:38:32.479 --> 01:38:35.439 You find a great area, and then you find the 1997 01:38:35.520 --> 01:38:37.720 right property. A lot of people think is that a 1998 01:38:37.760 --> 01:38:39.840 fix and flip? Is that where I'm making the money. No, 1999 01:38:40.239 --> 01:38:43.640 you find something that's ready to rent out day one, 2000 01:38:43.760 --> 01:38:47.279 day one, and then that person purchases it. They can 2001 01:38:47.319 --> 01:38:50.640 put twenty percent down or whatever their bank or their lender, 2002 01:38:50.680 --> 01:38:53.479 their mortgage company is willing to do for him. They 2003 01:38:53.520 --> 01:38:56.880 can finance the whole deal period, end of story. And 2004 01:38:56.920 --> 01:39:00.199 that's how most of it works, right, And then they 2005 01:39:00.199 --> 01:39:01.840 can sell it any damn time they want. 2006 01:39:01.920 --> 01:39:04.520 Let's just get right to time, anytime they want. 2007 01:39:04.800 --> 01:39:07.920 They could sell it three months later and make ten 2008 01:39:08.000 --> 01:39:10.640 thousands if they wanted to. But can they use their 2009 01:39:10.680 --> 01:39:13.159 own realtor at that point? Sure they can, they can 2010 01:39:13.199 --> 01:39:15.279 do whatever. I guess what I'm trying to get through 2011 01:39:15.279 --> 01:39:18.079 to people is I don't want to overcomplicate it. It's 2012 01:39:18.119 --> 01:39:20.920 pretty damn simple. And they're only paying you, what, four 2013 01:39:20.960 --> 01:39:21.800 hundred bucks a year? 2014 01:39:21.920 --> 01:39:24.239 Yeah, he want six hundred, which is the same as 2015 01:39:24.600 --> 01:39:27.640 four when you see all they're getting. But yeah, but 2016 01:39:27.720 --> 01:39:31.439 that's what I'm saying, Bucks, it's no big money to us. 2017 01:39:31.520 --> 01:39:34.800 Six hundred dollars that you know, and that that's. 2018 01:39:34.560 --> 01:39:36.319 And you don't care what lender they use. 2019 01:39:36.720 --> 01:39:39.640 Not really, we do have our lenders set up because 2020 01:39:39.640 --> 01:39:41.279 they'll work all fifty stags. 2021 01:39:41.600 --> 01:39:44.439 My question but they can use whoever they want. Absolutely, 2022 01:39:44.600 --> 01:39:45.479 they pay cash. 2023 01:39:45.640 --> 01:39:46.560 They could pay cash. 2024 01:39:46.680 --> 01:39:48.960 Yeah, I understand you probably got deals set up with 2025 01:39:49.039 --> 01:39:50.800 everybody with their filters with. 2026 01:39:50.800 --> 01:39:52.119 Banks, and that's the turnkey. 2027 01:39:52.159 --> 01:39:54.439 But they don't have to use those absolutely do not. 2028 01:39:54.720 --> 01:39:57.399 The consumers are free to bring in. 2029 01:39:57.640 --> 01:40:00.680 How about if you have property right now, an investment property, 2030 01:40:00.880 --> 01:40:03.000 and you're sick and tired of all the rule changes 2031 01:40:03.039 --> 01:40:07.119 in Colorado and Colorado in general, and you don't want 2032 01:40:07.159 --> 01:40:08.840 to have to pay all the capital gains? 2033 01:40:08.880 --> 01:40:10.399 Can you help through that aspect? 2034 01:40:10.640 --> 01:40:13.520 Mark, We're doing that every day right now this week, 2035 01:40:13.600 --> 01:40:17.840 three three callers, three listeners of this show you know, 2036 01:40:17.960 --> 01:40:22.279 have called us. We're listing their property reduced commissions. Why 2037 01:40:22.800 --> 01:40:26.159 because it's bulk great, it's part of the team, it's 2038 01:40:26.159 --> 01:40:29.199 a big deal. So we save them thousands of dollars 2039 01:40:29.199 --> 01:40:32.600 in commissions. But again, you bet. So many people are 2040 01:40:32.640 --> 01:40:36.720 smart and leaving the Denver market, and typically Denver Metro, 2041 01:40:36.800 --> 01:40:39.319 they're selling one property and buying two or three. 2042 01:40:39.479 --> 01:40:43.600 And so once again, it's your property, it's needed in 2043 01:40:43.640 --> 01:40:44.199 your name. 2044 01:40:44.600 --> 01:40:46.000 You can do whatever you want with it. 2045 01:40:46.079 --> 01:40:48.199 And I could walk in with an all in one 2046 01:40:48.279 --> 01:40:50.880 loan where I have a three years love the line 2047 01:40:50.880 --> 01:40:54.000 of credit, love the all basically, still have access to 2048 01:40:54.039 --> 01:40:57.000 the money, have the house that you found for me, 2049 01:40:57.560 --> 01:40:59.760 and have a renter that's paying rent, and then if 2050 01:40:59.800 --> 01:41:01.840 I need to cash, I don't have to sell it 2051 01:41:01.920 --> 01:41:04.159 right then because I've got the all in one loan yep. 2052 01:41:04.199 --> 01:41:06.439 And if you don't have a line of credit, you 2053 01:41:06.439 --> 01:41:09.319 could use your four oh one K or IRA all 2054 01:41:09.359 --> 01:41:09.760 of those. 2055 01:41:09.920 --> 01:41:10.960 That was my question. Better. 2056 01:41:11.000 --> 01:41:13.079 So if I take money out of my four o 2057 01:41:13.159 --> 01:41:17.079 one k oh my IRA, do I pay taxes on that? 2058 01:41:17.760 --> 01:41:23.359 Or because I'm purchasing a property, is there no tax consequences? 2059 01:41:23.479 --> 01:41:27.399 You get basically someone that monitors it, and it's an 2060 01:41:27.439 --> 01:41:31.600 outside company that I'm sure Barry's got some suggestions for 2061 01:41:31.680 --> 01:41:33.680 you and your four oh one K. 2062 01:41:33.840 --> 01:41:36.840 You're not going to be uh, You're not gonna have 2063 01:41:36.880 --> 01:41:41.079 any issues with it. You're basically that's my question, no 2064 01:41:41.199 --> 01:41:42.000 tax consequence. 2065 01:41:42.000 --> 01:41:42.800 Okay, thank Rry. 2066 01:41:42.840 --> 01:41:46.439 Going well, I say Wave eight Wealth Management can handle 2067 01:41:46.560 --> 01:41:47.399 such things. 2068 01:41:47.640 --> 01:41:48.399 Yeah. 2069 01:41:48.760 --> 01:41:48.960 Yeah. 2070 01:41:49.439 --> 01:41:52.800 Basically what happens, doc, is you get a fiduciary that 2071 01:41:53.079 --> 01:41:55.720 agrees to the investment. Now, if you can't find one 2072 01:41:55.720 --> 01:41:58.640 that agrees to the investment, they think it's too risky 2073 01:41:58.720 --> 01:42:02.000 or outside the scope of retailirement account. Then they might 2074 01:42:02.039 --> 01:42:05.079 not do it. They might but in general, but in 2075 01:42:05.159 --> 01:42:07.760 general they're going to sign off on it. I've actually 2076 01:42:07.800 --> 01:42:11.760 bought property, a commercial building to give you an idea, 2077 01:42:12.279 --> 01:42:16.000 using some of my retirement money and then some just cash, 2078 01:42:16.119 --> 01:42:19.079 and the retirement money wasn't affected at all. When I 2079 01:42:19.159 --> 01:42:22.399 finally sold the property, made money and put it back in, 2080 01:42:22.880 --> 01:42:24.399 it went right back into an IR. 2081 01:42:25.039 --> 01:42:27.800 I would assume that most people don't have seventy grand 2082 01:42:28.079 --> 01:42:30.960 lying around their checking account, so most likely they would 2083 01:42:30.960 --> 01:42:35.319 be taking it from their IRA or four to one cake. 2084 01:42:35.720 --> 01:42:38.880 That's most people that this investment is good for would 2085 01:42:38.960 --> 01:42:40.520 have seventy grand laying around. 2086 01:42:40.840 --> 01:42:42.720 I don't think I would think that. 2087 01:42:42.920 --> 01:42:44.960 I mean I don't necessarily think they have to go 2088 01:42:45.000 --> 01:42:47.479 in their retirement. I think a lot of people might 2089 01:42:47.479 --> 01:42:51.039 have already had rentols to begin with, like Bo, Deputy 2090 01:42:51.079 --> 01:42:54.600 Bo has rentals and he wants out of Colorado, so 2091 01:42:54.720 --> 01:42:56.159 basically Barry's help. 2092 01:42:55.920 --> 01:42:58.760 They're working with Bo, etc. And then a lot of 2093 01:42:58.800 --> 01:43:02.159 people have equity in the home their primary residents. Yeah, 2094 01:43:02.199 --> 01:43:03.439 and they're borrowing from that. 2095 01:43:03.720 --> 01:43:04.960 All right, we got to take a break. 2096 01:43:05.000 --> 01:43:07.640 Listen open lines three oh three seven one three eight 2097 01:43:07.720 --> 01:43:11.039 two five five any questions about this or anything else? 2098 01:43:11.359 --> 01:43:18.239 Three zero three Martino. 2099 01:43:18.640 --> 01:43:21.880 Go with a sure thing Denver's best roofer Excel Roofing 2100 01:43:22.000 --> 01:43:22.560 dot com. 2101 01:43:22.600 --> 01:43:24.640 You don't pay a cent until you're content. 2102 01:43:28.000 --> 01:43:31.199 Time for an insurance check up free no obligation comparison 2103 01:43:31.319 --> 01:43:34.840 call Compass Insurance paying too much your coverage at dozens 2104 01:43:34.880 --> 01:43:37.640 of insurance companies find out now three oh three seven 2105 01:43:37.640 --> 01:43:40.000 to seven to one help. You'll think you're his only 2106 01:43:40.079 --> 01:43:42.560 customer when you choose Frank durand the real estate Man 2107 01:43:42.600 --> 01:43:46.000 dot com to list your home with Remax Alliance three 2108 01:43:46.039 --> 01:43:50.479 oh three nine two zero sixteen twenty two. 2109 01:43:51.239 --> 01:43:53.600 You know something interesting is when I leave here, I 2110 01:43:53.720 --> 01:43:57.479 usually tune in, Okay, listen to this even when I'm 2111 01:43:57.479 --> 01:43:59.439 coming here. I live in Franktown and we're in the 2112 01:43:59.560 --> 01:44:03.119 dts see that's where the mothership is. And I lose 2113 01:44:03.199 --> 01:44:07.680 the AM signal a little past Castle Rock because I 2114 01:44:07.760 --> 01:44:09.520 go down towards Frank down that hill. 2115 01:44:09.760 --> 01:44:11.960 You know what. I just found this out. Check it out. 2116 01:44:12.239 --> 01:44:17.279 If you haven't used the new redesigned iHeartRadio app. It's unbelievable. 2117 01:44:17.319 --> 01:44:20.680 You can actually save k how and that's what I do. 2118 01:44:20.760 --> 01:44:23.640 I save this station right here k How on the 2119 01:44:23.720 --> 01:44:27.399 actual app. And not only I'm not listening in AM, 2120 01:44:27.720 --> 01:44:31.000 but I'm listening in FM on the app, and I 2121 01:44:31.199 --> 01:44:33.439 never lose a signal all the way to my house 2122 01:44:33.640 --> 01:44:36.000 and then in the morning coming in listening to Brown 2123 01:44:36.119 --> 01:44:38.039 or like I said, when I leave, I listened to 2124 01:44:38.119 --> 01:44:41.760 Ryan and it's incredible. But if you haven't updated or 2125 01:44:41.800 --> 01:44:44.800 you haven't downloaded the k How app, it's time to 2126 01:44:44.840 --> 01:44:47.119 do it and make sure you said k How. I'm 2127 01:44:47.159 --> 01:44:49.760 telling you that said. It is a preset on the 2128 01:44:49.800 --> 01:44:52.640 iHeartRadio app today. You can find it in the app store, 2129 01:44:52.680 --> 01:44:54.680 of course, or if you have those what are those 2130 01:44:54.720 --> 01:44:57.520 other phones called Apple something? What is it called the 2131 01:44:57.600 --> 01:44:59.720 Apple store? If you're one of those people, you can 2132 01:44:59.760 --> 01:45:02.479 only do that. Three oh three seven one three A 2133 01:45:02.600 --> 01:45:05.720 two five five. I'm gonna go to the phones here. 2134 01:45:05.760 --> 01:45:07.720 We do have some lines open. We've got Larry's got 2135 01:45:07.720 --> 01:45:10.439 a question on real estate with Larry. I promise we're 2136 01:45:10.439 --> 01:45:13.199 gonna come up against a break in about twenty seconds, 2137 01:45:13.199 --> 01:45:16.039 So I'm gonna take you after this, Larry, you'll be first. 2138 01:45:16.079 --> 01:45:19.239 Three oh three seven one three eight two five five. 2139 01:45:19.279 --> 01:45:22.600 Any questions, complaints, any issues you have, We want to 2140 01:45:22.680 --> 01:45:25.640 hear from you after the break. Another hour to go 2141 01:45:25.800 --> 01:45:29.079 right here on the Troubleshooter Show. 2142 01:45:47.279 --> 01:45:50.520 Go with a sure thing Denver's Best roofer Excel Roofing 2143 01:45:50.640 --> 01:45:51.199 dot com. 2144 01:45:51.239 --> 01:45:52.960 You don't pay a cent until you're. 2145 01:45:52.880 --> 01:45:59.119 Contenth time for an insurance check up free, no obligation 2146 01:45:59.159 --> 01:46:02.960 in comparison all Compass insurance paying too much your coverage 2147 01:46:03.000 --> 01:46:05.640 at dozens of insurance companies find out now three all 2148 01:46:05.720 --> 01:46:08.079 three seven to seven to one help. You'll think you're 2149 01:46:08.119 --> 01:46:10.640 his only customer when you choose Frank durand the real 2150 01:46:10.720 --> 01:46:13.720 estate Man dot com to list your home with Remax 2151 01:46:13.760 --> 01:46:23.800 Alliance three all three nine two zero sixteen twenty two. 2152 01:46:22.439 --> 01:46:26.560 Ripped up news you needed. 2153 01:46:26.680 --> 01:46:27.720 That's who you don't have. 2154 01:46:30.399 --> 01:46:32.560 Run as fast as we can. 2155 01:46:33.199 --> 01:46:34.960 Show Shooter's gonna help. 2156 01:46:35.239 --> 01:46:35.600 Come. 2157 01:46:37.159 --> 01:46:38.079 This is the. 2158 01:46:38.199 --> 01:46:43.800 Troubleshooter Show Now Tom Martinez, Welcome, Welcome. 2159 01:46:43.479 --> 01:46:45.560 My friends to the only show of his kind. 2160 01:46:45.560 --> 01:46:48.399 We're here to solve problems, answer questions, take complaints. 2161 01:46:48.720 --> 01:46:49.560 You've been ripped off. 2162 01:46:49.600 --> 01:46:54.039 You need help recouping money, you need help just understanding something. 2163 01:46:54.039 --> 01:46:56.720 We've got a list of experts at referral lists dot 2164 01:46:56.720 --> 01:46:59.520 com that are just great. We have attorneys, we have 2165 01:46:59.520 --> 01:47:02.159 real estate experts. We have pretty much you name it, 2166 01:47:02.199 --> 01:47:04.520 you'll find it referral list dot com. These are people 2167 01:47:04.760 --> 01:47:07.279 we've also background checked, they've signed. 2168 01:47:06.960 --> 01:47:09.720 Our code of ethics. But they're there to help you 2169 01:47:10.199 --> 01:47:10.800 as well. 2170 01:47:11.079 --> 01:47:13.800 So if you do need help, the number simple three 2171 01:47:13.960 --> 01:47:18.439 zero three Martino. That's three ZHO three Martino. Or you 2172 01:47:18.479 --> 01:47:23.479 can always email us at help HLP at troubleshooter dot com. 2173 01:47:23.479 --> 01:47:26.800 That's helping troubleshooter dot com. I got to ask something 2174 01:47:26.920 --> 01:47:30.039 just for the people in this room real quick. Then 2175 01:47:30.039 --> 01:47:32.199 we're going to go to a phone call, but we 2176 01:47:32.239 --> 01:47:34.840 do have some lines open. Three oh three Martino. The 2177 01:47:34.920 --> 01:47:40.000 Menendez brothers, I guess the governor, the great liberal governor 2178 01:47:40.039 --> 01:47:44.920 of California, is doing a risk assessment if they should 2179 01:47:45.000 --> 01:47:51.000 let them out. They murdered their parents with shotguns, if 2180 01:47:51.039 --> 01:47:53.359 I recall, and they shot the hell. 2181 01:47:53.199 --> 01:47:53.600 Out of them. 2182 01:47:53.640 --> 01:47:56.479 I mean, we're not talking one shot. And through the 2183 01:47:56.560 --> 01:47:59.560 whole trial they lied about it. They said that someone 2184 01:47:59.600 --> 01:48:03.199 broke in it first, and then ultimately everybody figured out 2185 01:48:03.199 --> 01:48:05.960 what was going on and it was them. And then 2186 01:48:06.079 --> 01:48:09.880 after that, at least according to a documentary I watched, 2187 01:48:10.560 --> 01:48:13.720 after that, while they're in prison, they start talking about 2188 01:48:13.720 --> 01:48:18.159 how they were abused. So the father was sexually abusing them. 2189 01:48:18.479 --> 01:48:21.920 But once again, this is so after the fact. 2190 01:48:22.359 --> 01:48:26.199 This is this is after they said they had nothing. 2191 01:48:25.960 --> 01:48:29.479 To do with the murder, and they never told anybody apparently, 2192 01:48:30.159 --> 01:48:32.720 and now they're thinking of cutting them out of jail. 2193 01:48:32.840 --> 01:48:39.720 So the two questions that I'd like to hear you guys. 2194 01:48:38.399 --> 01:48:40.279 Just your thoughts on it. I guess I'll do them 2195 01:48:40.319 --> 01:48:41.000 one at a time. 2196 01:48:41.039 --> 01:48:45.560 But one, let's say the father or for that matter, 2197 01:48:45.800 --> 01:48:51.600 the mother did sexually abuse or even just abuse. 2198 01:48:52.000 --> 01:48:54.800 I don't even know what the allegations are anymore. I 2199 01:48:54.840 --> 01:48:55.439 think they're. 2200 01:48:55.319 --> 01:48:59.600 Sexually But even if they did do it, is that 2201 01:48:59.680 --> 01:49:03.640 a greenlight to take a shotgun to the mother and 2202 01:49:03.800 --> 01:49:06.439 the father. I'll go down that road because it was 2203 01:49:06.479 --> 01:49:09.279 both of them, and the argument would be the one 2204 01:49:09.359 --> 01:49:11.760 knew it was happening even though the other was doing it, 2205 01:49:11.840 --> 01:49:17.079 I assume, and blast them like twelve times each and 2206 01:49:17.239 --> 01:49:21.159 spread their brains all over the room and then. 2207 01:49:22.880 --> 01:49:23.600 Cut them free. 2208 01:49:25.039 --> 01:49:26.960 Oh well, my question first to me, how old were 2209 01:49:27.000 --> 01:49:28.000 they when this occurred? 2210 01:49:28.680 --> 01:49:31.479 They were twenty about they weren't. 2211 01:49:31.560 --> 01:49:34.039 I don't think they were kids because they went directly 2212 01:49:34.119 --> 01:49:34.560 to jail. 2213 01:49:34.640 --> 01:49:36.600 Don't pass go they were adults. 2214 01:49:37.000 --> 01:49:39.479 Yeah, and they never said anything as far as what 2215 01:49:39.600 --> 01:49:43.239 I knew about what their parents were doing to them. 2216 01:49:43.239 --> 01:49:47.279 It's not like they went and told an uncle or somebody, right, right. 2217 01:49:47.279 --> 01:49:48.560 So what are your thoughts? Doc? 2218 01:49:49.159 --> 01:49:51.479 Well, if they were adults, you make them serve the 2219 01:49:51.520 --> 01:49:53.520 sentence that they were given at the trial. 2220 01:49:53.680 --> 01:49:57.680 Well that's forever. I mean, that's basically I'm trying to 2221 01:49:57.680 --> 01:50:01.079 see how old they were. Wow, they were born in 2222 01:50:01.239 --> 01:50:06.640 sixty eight. That doesn't help me. Uh, Menendez when they 2223 01:50:06.960 --> 01:50:08.119 killed parents? 2224 01:50:09.399 --> 01:50:11.399 What the hell did we do before Google? 2225 01:50:11.479 --> 01:50:11.560 Like? 2226 01:50:12.439 --> 01:50:13.359 Man, what did we do? 2227 01:50:13.600 --> 01:50:13.680 Like? 2228 01:50:14.000 --> 01:50:14.800 How would I know? 2229 01:50:15.199 --> 01:50:19.239 How would I possibly find out how old Eric Menendez 2230 01:50:19.520 --> 01:50:22.520 was when he killed his parents? It happened, you know, 2231 01:50:23.359 --> 01:50:25.800 I think it happened like in nineteen ninety. 2232 01:50:25.960 --> 01:50:28.640 You have to go to the California Penal records or. 2233 01:50:28.840 --> 01:50:30.760 Or you'd have to get one of those fish tapes 2234 01:50:30.800 --> 01:50:34.560 at a library for the Media Britannica. So one of 2235 01:50:34.600 --> 01:50:36.720 them was twenty one and one was eighteen. 2236 01:50:38.079 --> 01:50:40.760 Yeah, what did I say? Eighteen twenty number? 2237 01:50:40.880 --> 01:50:42.960 Grocery stores used to give those out. 2238 01:50:43.039 --> 01:50:46.720 I remember you could get those little green stamps and 2239 01:50:46.840 --> 01:50:49.840 if you collected enough of them where you shopped would. 2240 01:50:49.560 --> 01:50:51.439 Give you SNH stamps. 2241 01:50:51.479 --> 01:50:54.560 I would give you two years mark selling those things. No, 2242 01:50:54.840 --> 01:50:58.239 I was doing program analysis for that company. Oh my 2243 01:50:58.399 --> 01:51:01.159 SNH the snah my first programming job. 2244 01:51:01.199 --> 01:51:01.720 I'll be done. 2245 01:51:01.880 --> 01:51:02.359 That's great. 2246 01:51:02.439 --> 01:51:04.720 I just remember I worked in a grocery store. I 2247 01:51:04.760 --> 01:51:08.239 was probably seventeen at the time, and I remember people 2248 01:51:08.319 --> 01:51:10.600 getting you know, they'd come in once a month and 2249 01:51:10.680 --> 01:51:12.279 get a through f or. 2250 01:51:12.239 --> 01:51:14.760 Whatever the hell they were selling. It's crazy. But what 2251 01:51:15.119 --> 01:51:15.920 do you think on that? 2252 01:51:16.159 --> 01:51:16.319 Well? 2253 01:51:16.319 --> 01:51:18.680 I I And by the way, who you're listening to 2254 01:51:18.880 --> 01:51:22.880 is Barry Miller. He's with Vestair Turnkey. In fact, we're 2255 01:51:22.880 --> 01:51:25.840 gonna Larry's got a question on real estate in a second. 2256 01:51:25.840 --> 01:51:27.239 And me, Barry Miller. 2257 01:51:27.319 --> 01:51:31.439 I have some very first hand experience in my family 2258 01:51:31.640 --> 01:51:36.199 with terrible abuse of type situations. My heart goes out 2259 01:51:36.239 --> 01:51:39.000 to all of them, including the Mendez. I don't know 2260 01:51:39.000 --> 01:51:40.520 if it was both of them or one of them 2261 01:51:40.840 --> 01:51:43.319 both okay that was sexually assaulted. 2262 01:51:43.319 --> 01:51:46.720 As one of them. I believe one of them was okay, 2263 01:51:46.840 --> 01:51:49.640 but I know that is the. 2264 01:51:49.520 --> 01:51:53.600 Wrongs they did. Killing is still blatantly wrong. And I 2265 01:51:53.760 --> 01:51:56.279 end up at the same spot they should get the 2266 01:51:56.319 --> 01:51:57.319 same selling. 2267 01:51:57.159 --> 01:51:59.760 Through everything, even going through everything. Now. 2268 01:52:00.119 --> 01:52:02.880 Can they have a lighter sentence, Can they have some 2269 01:52:03.000 --> 01:52:08.640 kind of mental support, maybe not spend all years in jail. Maybe, 2270 01:52:08.840 --> 01:52:11.640 But they've got to be punished for the wrong they did. 2271 01:52:11.720 --> 01:52:16.479 You can't just blame it on sexual abuse after the 2272 01:52:16.560 --> 01:52:17.680 fact or the trauma. 2273 01:52:17.760 --> 01:52:20.760 How would you actually prove any of it happened. 2274 01:52:21.039 --> 01:52:23.680 That's the tough part, you know, It's almost impossible. It's 2275 01:52:23.720 --> 01:52:25.359 almost impossible if. 2276 01:52:25.199 --> 01:52:28.399 Not if they had been like thirteen and fourteen. I 2277 01:52:28.439 --> 01:52:30.479 can understand that thirteen. 2278 01:52:30.119 --> 01:52:33.079 And fourteen, I don't think they'd have a life sentence, right. 2279 01:52:33.000 --> 01:52:35.720 But they also wouldn't know how to deal with it. 2280 01:52:35.960 --> 01:52:37.199 They wouldn't know who to go to. 2281 01:52:37.840 --> 01:52:39.039 Agreed to one hundred percent. 2282 01:52:39.119 --> 01:52:42.159 Yeah, But these these eighteen and twenty one were old 2283 01:52:42.239 --> 01:52:44.800 enough to deal with it in a nonviolent way. 2284 01:52:45.279 --> 01:52:48.399 I just don't understand why Newsom or any governor would 2285 01:52:48.479 --> 01:52:50.920 be just kind of looking into it. I remember when 2286 01:52:50.960 --> 01:52:54.760 our governor. I think it was Hicck and Looper. God, 2287 01:52:54.880 --> 01:52:57.119 I'm kind of dating myself. I think it was Hicck 2288 01:52:57.159 --> 01:52:59.359 and Looper, but we had who was the guy that 2289 01:52:59.479 --> 01:53:03.239 shot up the chuck E Cheese pizza or was it showbiz? 2290 01:53:03.319 --> 01:53:07.039 I think it was Chuck E Cheese, Nathan dun Lap, 2291 01:53:07.479 --> 01:53:11.119 Lathan dun Correct, Nathan Dunlap, and he got I mean, 2292 01:53:11.119 --> 01:53:14.319 this guy walked in and blasted people, and he had 2293 01:53:14.760 --> 01:53:16.680 he had the death sentence. And I think it was 2294 01:53:16.760 --> 01:53:20.560 Hick and Looper that basically said, I forget. 2295 01:53:20.279 --> 01:53:22.119 It, We're not going to do that. I just find 2296 01:53:22.159 --> 01:53:24.520 it crazy. Well, I'm interesting. 2297 01:53:25.000 --> 01:53:28.439 I have an interesting point on this because being from California. Yeah, 2298 01:53:28.479 --> 01:53:30.760 and in nineteen eighty nine, I was a senior in 2299 01:53:30.840 --> 01:53:31.359 high school. 2300 01:53:31.439 --> 01:53:33.520 Oh when the thing went down. 2301 01:53:33.520 --> 01:53:37.000 When the Menendez brothers went on. I think you're missing 2302 01:53:37.039 --> 01:53:41.680 a very key point that after they killed their parents, 2303 01:53:41.720 --> 01:53:45.880 they went on this enormous spending spree big time, and 2304 01:53:45.920 --> 01:53:52.680 they bought Ferrari's, they bought everything, designer everything, their dad. 2305 01:53:52.800 --> 01:53:55.600 My understanding was pretty strict. Even though they were from 2306 01:53:55.640 --> 01:53:59.439 a very wealthy family. They weren't driving around in that stuff. 2307 01:53:59.600 --> 01:54:03.600 No, absolutely not. But the other thing about this trial, 2308 01:54:04.199 --> 01:54:07.760 and in California, that's all you got twenty four hours 2309 01:54:07.800 --> 01:54:11.600 a day like OJ almost very much so, and it 2310 01:54:11.760 --> 01:54:17.000 also catapulted court TV and their reading. 2311 01:54:17.199 --> 01:54:20.520 The biggest for that was definitely O Jess. So I 2312 01:54:20.560 --> 01:54:22.520 just wanted to make that point now that's a good point. 2313 01:54:23.359 --> 01:54:28.800 I remember actually watching the oj trial in the nineties 2314 01:54:28.840 --> 01:54:32.000 I believe the early nineties, and it was amazing. 2315 01:54:32.159 --> 01:54:34.439 It was like a soap opera or how you. 2316 01:54:34.399 --> 01:54:37.159 Know, old people from Oklahoma would call it. It was 2317 01:54:37.279 --> 01:54:41.279 like the stories and watching it was just amazing. I 2318 01:54:41.439 --> 01:54:45.079 learned a lot about our legal system. I learned a lot, man, 2319 01:54:45.319 --> 01:54:49.319 I learned about showmanship. You can think whatever you want 2320 01:54:49.840 --> 01:54:53.039 about the trial in the outcome, but to tell me 2321 01:54:53.239 --> 01:54:58.159 Johnny Cochrane is not it was, I guess he's passed away. 2322 01:54:58.279 --> 01:55:00.000 But I mean he must. 2323 01:55:00.119 --> 01:55:07.079 Been one of the best criminal defense attorneys to walk 2324 01:55:07.119 --> 01:55:08.279 this planet. 2325 01:55:08.239 --> 01:55:08.800 No question. 2326 01:55:08.880 --> 01:55:11.039 I'm just going to say one thing, Mark, I can 2327 01:55:11.159 --> 01:55:15.319 understand Hick and Lupa be morally opposed to the death penalty. 2328 01:55:15.399 --> 01:55:16.840 Yeah, actually, let me finish. 2329 01:55:17.119 --> 01:55:20.000 Anybody can be morally opposed to it, But if you 2330 01:55:20.119 --> 01:55:23.640 commute it to life in prison without parole, I can 2331 01:55:23.680 --> 01:55:24.920 certainly understand that. 2332 01:55:25.520 --> 01:55:28.920 I see, Okay, So that's fair. Well, okay, I like 2333 01:55:29.000 --> 01:55:31.800 how you both say it's fair. I don't think it's fair. 2334 01:55:31.840 --> 01:55:34.920 As a taxpayer, I don't want to take care of 2335 01:55:34.960 --> 01:55:39.159 somebody for forty years in prison at one hundred thousand 2336 01:55:39.199 --> 01:55:43.239 dollars a year or whatever ridiculous amount we throw at 2337 01:55:43.319 --> 01:55:48.239 the average inmate, compared to what seventy five cents of academy. 2338 01:55:48.520 --> 01:55:51.159 What are the point that you can't You can't argue 2339 01:55:51.159 --> 01:55:52.439 with somebody's moral stance. 2340 01:55:53.159 --> 01:55:56.680 If they can, I can argue with you can argue 2341 01:55:56.680 --> 01:56:00.640 with the understand if someone killed my daughter, if someone 2342 01:56:00.760 --> 01:56:03.800 killed my son, if someone killed my wife, I would 2343 01:56:03.880 --> 01:56:04.760 argue all day. 2344 01:56:05.000 --> 01:56:06.640 They should have a bullet in their head. 2345 01:56:06.760 --> 01:56:12.319 Absolutely, But there's a difference between personal and objective. If somebody, 2346 01:56:12.720 --> 01:56:16.119 if somebody kidnaps someone you love or I love, I 2347 01:56:16.119 --> 01:56:18.479 would pay the ransom and a heartbeat. But if you 2348 01:56:18.640 --> 01:56:21.760 ask most people, should we negotiate with terrors? 2349 01:56:21.760 --> 01:56:22.039 Agree? 2350 01:56:22.119 --> 01:56:24.760 They say no, agreed. That's that's a good point there. 2351 01:56:24.840 --> 01:56:26.760 All right, let's take this call. By the way, three 2352 01:56:26.760 --> 01:56:30.399 o three seven one three eight two five five three 2353 01:56:30.439 --> 01:56:33.920 oh three Martin know, hey, Larry, what is your question? 2354 01:56:34.119 --> 01:56:34.319 Sir? 2355 01:56:36.439 --> 01:56:40.520 Yeah, hey, by the way, great job everything you do, Tom, 2356 01:56:40.720 --> 01:56:45.319 And uh, yeah, I was I heard all the talk about. 2357 01:56:45.079 --> 01:56:47.520 The U during real estate. 2358 01:56:47.600 --> 01:56:48.479 That's sarahs and. 2359 01:56:48.600 --> 01:56:50.520 Buying real estate, and so that's Sarah. 2360 01:56:50.560 --> 01:56:51.159 Okay, that's it. 2361 01:56:51.520 --> 01:56:53.760 That was kind of just wanting more information, But I 2362 01:56:53.760 --> 01:56:57.039 guess that question would be. One of my problems is time, 2363 01:56:57.239 --> 01:57:00.279 So I don't have the time to deal with the 2364 01:57:00.560 --> 01:57:02.520 real estate or deal with the rental. 2365 01:57:02.239 --> 01:57:03.640 Or Hey, Larry, I got a question. 2366 01:57:04.119 --> 01:57:06.960 I got a question for you before we dive in 2367 01:57:07.000 --> 01:57:07.760 to your question. 2368 01:57:07.960 --> 01:57:08.479 Is that fair? 2369 01:57:09.920 --> 01:57:10.239 Sure? 2370 01:57:10.600 --> 01:57:13.560 How much did you hear about last hour us talking 2371 01:57:13.600 --> 01:57:16.279 about Vistaia? How much, like would you. 2372 01:57:16.199 --> 01:57:19.600 Say, ten minutes, ten minutes? 2373 01:57:21.279 --> 01:57:24.000 And what did you take? And I'm doing this so 2374 01:57:24.239 --> 01:57:27.560 I get better at this. What did you take out 2375 01:57:27.600 --> 01:57:29.560 of it? And I mean it, if you had to 2376 01:57:29.680 --> 01:57:33.960 describe what you were listening to, I would love to 2377 01:57:34.039 --> 01:57:38.159 know what you retained and what you heard about what 2378 01:57:38.239 --> 01:57:39.279 we were talking about. 2379 01:57:39.279 --> 01:57:40.920 And I'm being dead serious. 2380 01:57:41.239 --> 01:57:44.159 Okay, sure, yeah, it was the last about the last 2381 01:57:44.159 --> 01:57:48.800 five minutes. But I heard that you could get rid 2382 01:57:48.800 --> 01:57:52.159 of some of the complexity of buying real estate. I 2383 01:57:52.239 --> 01:57:54.760 heard that you could possibly use your parol and kves 2384 01:57:54.800 --> 01:57:57.039 to doing nothing right now and I can't touch it 2385 01:57:57.159 --> 01:58:01.960 from my perspective to purchase. Also, I heard, you know, 2386 01:58:02.159 --> 01:58:04.079 but like I said, they would deal with some of 2387 01:58:04.119 --> 01:58:07.359 the red tape we have. That's kind of what I 2388 01:58:07.399 --> 01:58:10.520 got from it, which sounds very appealing. 2389 01:58:10.800 --> 01:58:12.359 What do you what do you what. 2390 01:58:12.279 --> 01:58:16.880 Did you mean by red tape, the red tape of 2391 01:58:16.880 --> 01:58:18.680 of all the title company, of. 2392 01:58:18.600 --> 01:58:24.319 The being dealing with fixing, you know, doing some of 2393 01:58:24.359 --> 01:58:29.880 the getting a house ready, selling house, all the whole deal. 2394 01:58:30.000 --> 01:58:32.840 Maybe somebody that would just the whole turnkey asking. 2395 01:58:34.680 --> 01:58:37.039 Yeah, okay, hold on, man, I got to take this break. 2396 01:58:37.039 --> 01:58:39.600 We'll come back and then we'll dive into it. Three 2397 01:58:39.640 --> 01:58:41.319 oh three Martino. 2398 01:58:45.279 --> 01:58:48.600 Go with a sure thing Denver's Best roofer Excel Roofing 2399 01:58:48.640 --> 01:58:49.239 dot com. 2400 01:58:49.279 --> 01:58:51.319 You don't pay a cent until you're content. 2401 01:58:54.680 --> 01:58:57.840 Time for an insurance check up free no obligation comparison 2402 01:58:58.000 --> 01:59:01.560 call Compass Insurance paying too much your coverage at dozens 2403 01:59:01.560 --> 01:59:04.279 of insurance companies find out now three oh three seven 2404 01:59:04.399 --> 01:59:07.199 seven to one help. You'll think you're his only customer 2405 01:59:07.239 --> 01:59:09.479 when you choose Frank durand the real estate Man dot 2406 01:59:09.520 --> 01:59:12.880 com to list your home with Remax Alliance three oh 2407 01:59:12.880 --> 01:59:15.680 three nine two zero sixteen twenty two. 2408 01:59:16.079 --> 01:59:18.199 All right, three oh three seven one three A two 2409 01:59:18.359 --> 01:59:22.479 five five. I don't want to I don't want to 2410 01:59:22.520 --> 01:59:27.399 go down a rabbit hole on vester Era. 2411 01:59:27.520 --> 01:59:28.479 And here's what I mean. 2412 01:59:29.319 --> 01:59:32.520 There's so many questions and I and I always think this, Barry, 2413 01:59:33.159 --> 01:59:36.720 it's impossible to explain in a second. So people really 2414 01:59:36.760 --> 01:59:38.880 do need to call you. But for that guy, he 2415 01:59:38.960 --> 01:59:41.399 had to go, which is fine. D I promise I'll 2416 01:59:41.399 --> 01:59:43.000 get to you in a second. By the way, we 2417 01:59:43.079 --> 01:59:45.119 do have a couple lines open three oh three seven, 2418 01:59:45.159 --> 01:59:48.359 one three eight two five five. But I really want 2419 01:59:48.359 --> 01:59:50.840 to lay out how it works. They make a phone 2420 01:59:50.880 --> 01:59:54.880 call to you and you'll go over this stuff. But basically, Barry, 2421 01:59:54.960 --> 01:59:58.199 the guy sitting next to me for thirty years or longer, 2422 01:59:58.800 --> 01:59:59.399 how long. 2423 01:59:59.239 --> 02:00:02.119 Have you been doing it doing vest era, Well, how. 2424 02:00:02.000 --> 02:00:04.920 Long have you been finding hot pockets in the country 2425 02:00:04.960 --> 02:00:08.319 and buying properly over and making money over forty years? 2426 02:00:08.560 --> 02:00:11.439 I don't care if you called it one two three LLC. 2427 02:00:12.000 --> 02:00:14.600 You've been doing it a long time time, Okay, So 2428 02:00:15.399 --> 02:00:17.960 over this forty year period of time, Barry's got this 2429 02:00:18.079 --> 02:00:21.479 secret sauce to find hot pockets. One of the ways 2430 02:00:21.520 --> 02:00:24.680 I described that when people ask me, he might have 2431 02:00:24.840 --> 02:00:33.600 information that SpaceX is moving from California to Corpus Crispy Texas, 2432 02:00:33.640 --> 02:00:38.439 Corpus Crispy Cornflake Texas wherever. Here's my point, though, he 2433 02:00:38.560 --> 02:00:41.920 gets that kind of information and even if it's public knowledge. 2434 02:00:42.000 --> 02:00:44.840 I'm not saying he knows somebody in SpaceX, but he 2435 02:00:44.960 --> 02:00:48.000 does the research where the jobs are coming, where the 2436 02:00:48.079 --> 02:00:52.600 homes are going to start appreciating quicker than other areas, 2437 02:00:52.720 --> 02:00:56.600 And in almost every area homes do appreciate. The key 2438 02:00:56.640 --> 02:00:59.720 to that aspect is finding the growth spots that are 2439 02:00:59.760 --> 02:01:01.239 going to happen quicker. 2440 02:01:01.079 --> 02:01:05.199 Correct and then it's growth spots within the growth spots, 2441 02:01:05.239 --> 02:01:05.760 and it's. 2442 02:01:05.640 --> 02:01:09.960 Growth spots the nice neighborhoods, the nice school districts. It's 2443 02:01:10.079 --> 02:01:14.479 like saying Denver Metro, there's a big difference between you know, 2444 02:01:14.720 --> 02:01:18.199 downtown Hell as I call it, and going out to 2445 02:01:18.279 --> 02:01:20.279 Highland's Ranch or Castle Rock. 2446 02:01:20.520 --> 02:01:25.479 Three hundred different neighborhoods is typically the number for Denver. 2447 02:01:25.760 --> 02:01:30.199 One hundred and twenty five different neighborhoods for Colorado Springs. 2448 02:01:30.680 --> 02:01:33.800 Not all of them are at any means they're appreciating 2449 02:01:33.840 --> 02:01:37.119 at the same rate. We want the best, small, popular, 2450 02:01:38.039 --> 02:01:42.520 but the best for three years. Mark not a flash. 2451 02:01:42.199 --> 02:01:44.479 In the pan. And Larry, who had. 2452 02:01:44.359 --> 02:01:47.119 His question, is it okay I talk about I have 2453 02:01:47.159 --> 02:01:50.159 an hour long Saturday show. Oh right here in the 2454 02:01:50.159 --> 02:01:53.960 same studio eight to nine o'clock in the morning, yes, 2455 02:01:54.159 --> 02:01:56.760 that's where we cover it in more details. 2456 02:01:56.359 --> 02:01:58.800 Get more depth, and we'll give that information out again. 2457 02:01:58.880 --> 02:02:03.319 But after he finds that neighborhood and dials down the area, 2458 02:02:03.319 --> 02:02:05.800 and it's not going to be in Colorado, Colorado, we're 2459 02:02:05.840 --> 02:02:09.079 at the top right now, We're like California was ten 2460 02:02:09.159 --> 02:02:09.640 years ago. 2461 02:02:09.880 --> 02:02:11.439 We have stupid laws too. 2462 02:02:11.600 --> 02:02:14.079 Oh well, and then the rental laws are ridiculous. 2463 02:02:14.119 --> 02:02:16.720 But anyhow, so he's going to find the right place 2464 02:02:16.760 --> 02:02:19.279 with the right laws, in the right neighborhood, then he's 2465 02:02:19.279 --> 02:02:20.479 going to find the right house. 2466 02:02:20.720 --> 02:02:22.159 A house is ready to go. 2467 02:02:22.720 --> 02:02:24.800 It's not something you got to go in and redo 2468 02:02:24.880 --> 02:02:27.720 the countertops. It is ready to rent out. They're going 2469 02:02:27.800 --> 02:02:30.680 to check out the furnace before you close on the house. 2470 02:02:30.680 --> 02:02:33.279 They're going to check out everything to make sure it's 2471 02:02:33.319 --> 02:02:36.159 a good house. They're going to find a management company 2472 02:02:36.239 --> 02:02:39.079 to collect the rent and make sure the right tenants 2473 02:02:39.119 --> 02:02:41.399 get in there that aren't going to do any damage. 2474 02:02:41.760 --> 02:02:44.760 Then they're going to manage it. You collect the rent 2475 02:02:45.000 --> 02:02:48.159 every single month, you own the property, the deeds in 2476 02:02:48.199 --> 02:02:50.920 your name. You could sell it any day you want. 2477 02:02:51.039 --> 02:02:54.159 There's no there's nothing holding you back from selling it, 2478 02:02:54.439 --> 02:02:58.960 not contractually. Nothing you can sell it period, end of story. 2479 02:02:59.159 --> 02:03:01.319 You can hire you your own realtor you can do 2480 02:03:01.399 --> 02:03:05.760 whatever you want. It's your house, Okay. Then when it 2481 02:03:05.800 --> 02:03:09.880 does appreciate, and this is once again where Barry's knowledge 2482 02:03:09.880 --> 02:03:12.800 of over forty years comes in. He's going to say, hey, 2483 02:03:13.159 --> 02:03:15.479 you know, it's been two and a half years. The 2484 02:03:15.600 --> 02:03:19.239 market's slowing down a little. Here, everything's evening out. I 2485 02:03:19.359 --> 02:03:22.439 suggest we sell it now. You can take to cash, 2486 02:03:23.000 --> 02:03:25.600 or we can look for another area for you. 2487 02:03:26.000 --> 02:03:28.399 Yep, yep. And we have the data. 2488 02:03:28.439 --> 02:03:32.079 Mark that we have the data, and it's a secret 2489 02:03:32.119 --> 02:03:36.119 sauce data where we know when markets are slowing down. 2490 02:03:36.279 --> 02:03:40.720 Before the Real Tour National Association of Real Tours. 2491 02:03:40.760 --> 02:03:43.680 I'm very active there, so I could say what it is. 2492 02:03:43.880 --> 02:03:46.720 Sure they don't know for six to eight to twelve 2493 02:03:46.760 --> 02:03:49.439 months after we know, and we're out of there by 2494 02:03:49.479 --> 02:03:52.119 the time they say, well this is not a good 2495 02:03:52.199 --> 02:03:53.159 market anymore. 2496 02:03:53.319 --> 02:03:55.000 We're gone. We've been gone. 2497 02:03:55.239 --> 02:03:57.560 And then the other question he had, he said his 2498 02:03:57.640 --> 02:03:59.439 four oh one K wasn't doing anything. 2499 02:03:59.520 --> 02:04:01.159 So here's a couple of things. 2500 02:04:01.199 --> 02:04:03.520 One, if you work for a company and you still 2501 02:04:03.520 --> 02:04:06.199 have an active for a one K, you're not going 2502 02:04:06.279 --> 02:04:07.880 to be able to use that four A one K 2503 02:04:08.000 --> 02:04:10.920 money for this most likely there might be some companies 2504 02:04:10.960 --> 02:04:13.359 out there that might allow it, but in general, if 2505 02:04:13.359 --> 02:04:15.920 you work for Walmart or Sears, you're either in there 2506 02:04:15.960 --> 02:04:16.640 fur a one. 2507 02:04:16.520 --> 02:04:18.439 K or you're not. They do the match. 2508 02:04:18.479 --> 02:04:20.600 But if you have an orphan for a one k 2509 02:04:20.680 --> 02:04:24.319 that you haven't converted into an IRA, once you get 2510 02:04:24.319 --> 02:04:27.000 it to there, once you get into that IRA money, 2511 02:04:27.239 --> 02:04:29.439 these guys can help you to where you're not going 2512 02:04:29.520 --> 02:04:33.760 to have tax consequences investing in this real estate and 2513 02:04:33.880 --> 02:04:36.079 basically still have a IRA. 2514 02:04:36.479 --> 02:04:39.960 Correct correct, And if you have to borrow from your 2515 02:04:40.000 --> 02:04:45.079 own IRA money, okay and pay that borrowing fee. We 2516 02:04:45.359 --> 02:04:49.479 calculate that and say, well, okay, your gain, your annual 2517 02:04:49.560 --> 02:04:53.439 gain won't be forty five percent per year, You'll be 2518 02:04:53.520 --> 02:04:54.960 a thirty six percent. 2519 02:04:55.039 --> 02:04:58.199 Then, if you're a landlord listening, and by the way, 2520 02:04:58.399 --> 02:05:00.880 Barry's all over the country, like I said, we're not 2521 02:05:01.000 --> 02:05:05.079 just talking places in Colorado. So if you're a landlord 2522 02:05:05.159 --> 02:05:08.479 listening to this podcast or on YouTube or listening right now, 2523 02:05:08.800 --> 02:05:10.880 and you want to get out of Colorado and you've 2524 02:05:10.920 --> 02:05:13.479 got a few rentals here, he can help with the 2525 02:05:13.520 --> 02:05:16.960 ten thirty one exchange, meaning you don't have to pay 2526 02:05:17.039 --> 02:05:19.920 taxes on whatever appreciation you would sell that for. 2527 02:05:20.319 --> 02:05:22.439 You can roll it over into a new property. 2528 02:05:22.680 --> 02:05:24.880 For that matter, you might be able to take one 2529 02:05:24.960 --> 02:05:28.119 that's appreciated over the last twenty years in Denver. 2530 02:05:28.159 --> 02:05:30.039 Hell, you might have made a half a million. 2531 02:05:29.720 --> 02:05:33.680 Bucks without blanket on that one and turn that into 2532 02:05:33.840 --> 02:05:38.359 ten properties around the country that amount of money without 2533 02:05:38.479 --> 02:05:41.600 having to pay taxes on that game you made using 2534 02:05:41.640 --> 02:05:45.439 the ten thirty one exchange. So I mean, I think 2535 02:05:45.479 --> 02:05:47.680 that's it in a nutshell. Now, let me ask this. 2536 02:05:49.880 --> 02:05:52.520 It's vest era turnkey. We just went all through that. 2537 02:05:52.600 --> 02:05:55.880 So let me say that vestraturnkey dot COM's the best 2538 02:05:55.880 --> 02:05:59.000 way to get info vest eraturnkey dot com. 2539 02:05:59.079 --> 02:06:01.600 Simple as that. Now, d what is your question? 2540 02:06:05.359 --> 02:06:05.560 Hey? 2541 02:06:05.600 --> 02:06:08.880 D Yes, how are you. 2542 02:06:10.720 --> 02:06:13.399 Okay? I have a question about some real estate. If 2543 02:06:13.399 --> 02:06:18.600 someone has a property and it wasn't foreclosure and all 2544 02:06:18.640 --> 02:06:21.760 of that stuff has been done and everything already, usually 2545 02:06:21.880 --> 02:06:26.640 is there any what do you call the money that 2546 02:06:26.760 --> 02:06:32.319 you actually gained from actually the company developing the interest 2547 02:06:32.520 --> 02:06:35.159 over time? Does that go back to the owner? 2548 02:06:35.960 --> 02:06:38.520 I guess I'm not understanding, but let me take a 2549 02:06:38.560 --> 02:06:39.760 stab at what you're asking. 2550 02:06:40.000 --> 02:06:41.399 Were you foreclosed on. 2551 02:06:43.520 --> 02:06:47.000 No, not now, A long time ago, okay to me, 2552 02:06:47.039 --> 02:06:48.000 I'm asking. 2553 02:06:47.960 --> 02:06:51.039 Yeah, okay, Well so but at some point you were 2554 02:06:51.079 --> 02:06:52.560 somebody you know was foreclosed on. 2555 02:06:54.159 --> 02:06:56.960 Yeah, I assume they had some equity in. 2556 02:06:56.920 --> 02:07:00.119 The house, right, that's the word, yes. 2557 02:07:00.199 --> 02:07:02.199 Equity, That's what I thought you were looking for. 2558 02:07:02.319 --> 02:07:07.239 So, example is someone forecloses on a house that is 2559 02:07:07.319 --> 02:07:11.520 worth a half a million and you only owe four 2560 02:07:11.600 --> 02:07:16.159 hundred thousand on it. They foreclose, it goes up for auction, 2561 02:07:16.840 --> 02:07:20.359 and they get a half a million for it. Are 2562 02:07:20.399 --> 02:07:23.760 you asking, are you supposed to get that hundred thousand? 2563 02:07:25.960 --> 02:07:29.079 Well, I guess if that's what what is the value 2564 02:07:29.279 --> 02:07:31.159 after the foreclosure that. 2565 02:07:31.079 --> 02:07:33.239 Would be you would be absolutely correct. 2566 02:07:33.279 --> 02:07:36.479 You got to throw in attorney's fees and court cost 2567 02:07:36.560 --> 02:07:38.439 and whatever goes into that. 2568 02:07:38.880 --> 02:07:40.600 But you're absolutely correct. 2569 02:07:40.920 --> 02:07:45.159 I can't foreclose on you for a four hundred thousand 2570 02:07:45.159 --> 02:07:48.359 dollars debt because you haven't been paying, and then sell 2571 02:07:48.399 --> 02:07:51.920 the house for a million dollars and give you nothing. 2572 02:07:52.000 --> 02:07:56.439 It just simply doesn't work that way under almost all circumstances, 2573 02:07:56.439 --> 02:07:57.119 but not all. 2574 02:07:57.680 --> 02:08:00.760 All right, So how come the county doesn't tell people 2575 02:08:01.279 --> 02:08:03.319 when when that's done? 2576 02:08:03.920 --> 02:08:07.800 What do you mean by that, they don't they how 2577 02:08:07.880 --> 02:08:08.439 much do you know? 2578 02:08:08.479 --> 02:08:10.560 I mean, I'm just going to ask Marry this because 2579 02:08:10.680 --> 02:08:13.000 some of the uh, the rule changes. 2580 02:08:13.439 --> 02:08:15.560 What county are you in or what county are we 2581 02:08:15.640 --> 02:08:16.840 talking about? 2582 02:08:17.920 --> 02:08:19.920 What timeframe is that? What you said? 2583 02:08:20.039 --> 02:08:20.079 No? 2584 02:08:20.239 --> 02:08:22.000 What what is it in Colorado? 2585 02:08:23.680 --> 02:08:26.000 Yes, just in Colorado, in Ontario County. 2586 02:08:26.199 --> 02:08:30.600 So on a foreclosure in Colorado. I'm just going back 2587 02:08:30.600 --> 02:08:32.640 to the show in two thousand and eight and ten 2588 02:08:32.920 --> 02:08:37.039 where everybody and their mother was facing foreclosure. The county 2589 02:08:37.079 --> 02:08:40.399 at one point, the county at one point would actually 2590 02:08:40.439 --> 02:08:41.239 get involved. 2591 02:08:41.439 --> 02:08:46.800 Well, yeah, but the consumer has to receive written notices. 2592 02:08:47.000 --> 02:08:47.720 Yeah, of course. 2593 02:08:48.000 --> 02:08:51.359 But she's sounded like somebody didn't know they were being 2594 02:08:51.439 --> 02:08:52.399 so closed. 2595 02:08:52.119 --> 02:08:55.079 The point they weren't notified at all. It just happened 2596 02:08:55.600 --> 02:08:58.239 and they wouldn't notify that it's going to be foreclosed. 2597 02:08:58.800 --> 02:09:00.960 Well, what do you say, They're not being notified. The 2598 02:09:01.119 --> 02:09:04.239 notices would generally go to the property address. 2599 02:09:05.680 --> 02:09:09.560 Well, that's what I'm saying. There was a management company involved, 2600 02:09:09.560 --> 02:09:12.840 if I'm correct, if I remember correctly, But no people 2601 02:09:12.880 --> 02:09:16.039 work for taxes or for anything, so the people can 2602 02:09:16.119 --> 02:09:19.000 utilize whatever it is that they have to pay pay 2603 02:09:19.039 --> 02:09:22.239 taxes for that time period that the property may have 2604 02:09:22.279 --> 02:09:24.359 accrued and all that sort of thing, and got no 2605 02:09:24.640 --> 02:09:28.239 notification whatsoever, absolutely none from anyone. 2606 02:09:28.399 --> 02:09:31.399 Are you saying that you didn't get information, for example, 2607 02:09:31.439 --> 02:09:33.399 on how much it ultimately sold for. 2608 02:09:34.600 --> 02:09:35.960 Yeah, that's correct. 2609 02:09:36.000 --> 02:09:38.319 Well we could look at up. That's not a hard 2610 02:09:38.399 --> 02:09:42.439 thing to look up. Yeah, that'll be public records. So 2611 02:09:42.560 --> 02:09:44.479 is that the only number you're looking for? 2612 02:09:46.399 --> 02:09:47.840 Yeah, that's what all I see. 2613 02:09:47.840 --> 02:09:50.560 Those could be tricky too. And I'm not saying this happened. 2614 02:09:50.560 --> 02:09:53.199 Well I know it's happened, there's no doubt about it. 2615 02:09:53.239 --> 02:09:55.760 But you know, it goes to auction on a wink 2616 02:09:55.800 --> 02:09:59.199 wink and someone's brother in law buys it for next 2617 02:09:59.199 --> 02:10:01.880 to nothing, and then six months later they sell it 2618 02:10:02.000 --> 02:10:04.880 for the actual price. I mean, it happens with cars 2619 02:10:04.880 --> 02:10:07.760 and it happens with homes. So but we can tell 2620 02:10:07.800 --> 02:10:10.479 you what it's sold for if you have the property address. 2621 02:10:12.359 --> 02:10:14.800 Oh no, I don't have that at all. So that 2622 02:10:15.000 --> 02:10:19.079 has the county who I supposed to which which division 2623 02:10:19.079 --> 02:10:21.840 of the government that has to notify the owner? 2624 02:10:22.079 --> 02:10:24.520 Well, okay, hold on a second, dragons, hold on a 2625 02:10:24.560 --> 02:10:26.239 sec dragons yelling at me, We'll come back to you, 2626 02:10:26.319 --> 02:10:26.920 right after this. 2627 02:10:32.760 --> 02:10:36.000 Go with a sure thing Denver's Best roofer Excel Roofing 2628 02:10:36.119 --> 02:10:38.760 dot com. You don't pay a cent until you're content. 2629 02:10:42.119 --> 02:10:45.319 Time for an insurance checkup free, no obligation. In comparison, 2630 02:10:45.439 --> 02:10:48.960 call Compass Insurance paying too much your coverage at dozens 2631 02:10:49.000 --> 02:10:51.760 of insurance companies find out now three oh three seven 2632 02:10:51.840 --> 02:10:52.319 seven to one. 2633 02:10:52.439 --> 02:10:52.720 Help. 2634 02:10:52.880 --> 02:10:55.520 You'll think you're his only customer when you choose Frank 2635 02:10:55.560 --> 02:10:58.000 durand the real estate Man dot com to list your 2636 02:10:58.039 --> 02:11:01.159 home with Remax Alliance. Three oh three nine two zero 2637 02:11:01.319 --> 02:11:02.680 sixteen twenty two. 2638 02:11:04.119 --> 02:11:07.079 All right, three oh three seven one three eight two 2639 02:11:07.079 --> 02:11:11.560 five five. That poor woman dropped off. I'm not sure 2640 02:11:11.600 --> 02:11:14.520 what happened there, but the bottom line is there is 2641 02:11:14.560 --> 02:11:17.479 a rule one twenty hearing the county in Colorado. All 2642 02:11:17.520 --> 02:11:21.359 I'm talking about is Colorado. The county's going to actually 2643 02:11:21.479 --> 02:11:26.159 notify you of the foreclosure. Now listen, if you don't 2644 02:11:26.199 --> 02:11:29.479 live there and have a management company or whatever she 2645 02:11:29.600 --> 02:11:33.079 was trying to explain, well, you might have not gotten notification. 2646 02:11:33.600 --> 02:11:36.800 But the county and of course the lender will both 2647 02:11:36.840 --> 02:11:39.520 send notices. They have to send notices to the house. 2648 02:11:39.880 --> 02:11:42.760 Then you have a hearing. A hearing a one twenty 2649 02:11:42.840 --> 02:11:45.880 and generally you have one hundred and twenty days to 2650 02:11:46.119 --> 02:11:50.079 basically bail out of the foreclosure. In other words, do 2651 02:11:50.199 --> 02:11:52.560 a short sale and pay off the loan, or take 2652 02:11:52.600 --> 02:11:55.600 a second or some kind of four barans or something 2653 02:11:55.640 --> 02:11:58.399 along those lines. But if you can't figure any of 2654 02:11:58.439 --> 02:12:01.199 that out, then it goes to auction. If it goes 2655 02:12:01.279 --> 02:12:06.399 to auction, whoever bids the highest actually gets the property. 2656 02:12:06.840 --> 02:12:11.039 But usually the lender will start the bidding at exactly 2657 02:12:11.399 --> 02:12:12.079 what is owed. 2658 02:12:12.199 --> 02:12:13.479 So if you owe. 2659 02:12:13.319 --> 02:12:15.960 Four hundred and twenty and the house is worth six hundred, 2660 02:12:16.119 --> 02:12:19.079 they're gonna start the bidding at four hundred and twenty thousand, 2661 02:12:19.319 --> 02:12:22.600 and if nobody else buys it, the bank's gonna end 2662 02:12:22.680 --> 02:12:24.880 up with it for that four hundred and twenty thousand. 2663 02:12:25.159 --> 02:12:27.800 Then they can sell it for whatever they want, and 2664 02:12:27.960 --> 02:12:30.239 I believe they don't have to pay you anything, but 2665 02:12:31.000 --> 02:12:34.319 generally it wouldn't happen that way. Generally, someone's gonna say, 2666 02:12:34.479 --> 02:12:38.279 oh my god, that's two hundred thousand dollars lower than 2667 02:12:38.319 --> 02:12:41.319 everything else in the area. We'll go ahead and bid 2668 02:12:41.359 --> 02:12:44.600 and try to get this house. That's typically what happens 2669 02:12:44.800 --> 02:12:48.840 in a foreclosure in Oklahoma. So the notifications were there. 2670 02:12:49.039 --> 02:12:51.960 They don't have to give you personal service on that, 2671 02:12:52.079 --> 02:12:55.600 as far as at least going back years, they haven't 2672 02:12:55.640 --> 02:12:58.800 had to. Hey, Steve, you got a question for Vestera? 2673 02:12:58.880 --> 02:13:00.880 Go ahead, sir, Yeah. 2674 02:13:00.840 --> 02:13:05.000 I was wondering what happens if you have a property 2675 02:13:05.039 --> 02:13:09.119 in one of his markets and the economy tanks kind 2676 02:13:09.119 --> 02:13:12.920 of quickly, like what happened and the nineteen eighties in 2677 02:13:13.000 --> 02:13:14.680 Denver with Hexon. 2678 02:13:14.800 --> 02:13:20.479 Or even two thousand and eight two, well, a couple. 2679 02:13:21.479 --> 02:13:24.439 Or even let's even get crazier than that. Let's take 2680 02:13:24.600 --> 02:13:27.039 something like Flint, Michigan, where all of a sudden the 2681 02:13:27.079 --> 02:13:29.560 water source is bad and everything drops in half. 2682 02:13:29.760 --> 02:13:31.359 I mean, yeah, what happens? 2683 02:13:31.920 --> 02:13:33.239 Okay, A couple of things. 2684 02:13:33.319 --> 02:13:37.520 First of all, first and foremost, the two thousand and 2685 02:13:37.560 --> 02:13:42.840 eight other events were not quick. Okay, even Flint, Michigan 2686 02:13:42.920 --> 02:13:47.319 had warnings. Okay, because if you're researching as we are 2687 02:13:47.760 --> 02:13:52.479 twenty four to seven, there are warnings. However, we also 2688 02:13:52.640 --> 02:13:55.680 say it would have to be sorry to say this, 2689 02:13:56.079 --> 02:13:59.079 ladies and gentlemen, but it has to be a nine 2690 02:13:59.119 --> 02:14:04.479 to eleven type disaster coming out of nowhere with no 2691 02:14:04.800 --> 02:14:13.760 preview intelligence or research able to show it. That can happen. However, however, 2692 02:14:14.279 --> 02:14:18.119 look at Flint, Michigan, look at any of the bad markets, 2693 02:14:18.319 --> 02:14:21.039 look at the Great Recession of two thousand and eight 2694 02:14:21.199 --> 02:14:25.800 to twoy ten, and you will find that a certain 2695 02:14:25.960 --> 02:14:30.000 price of homes, certain type homes, did not go down 2696 02:14:30.479 --> 02:14:34.720 too much and too much they went down. However, if 2697 02:14:34.760 --> 02:14:37.840 you've had a year or two of equity, we're in 2698 02:14:37.880 --> 02:14:42.840 a position to undercut the market and typically sell so 2699 02:14:42.880 --> 02:14:43.880 that you don't. 2700 02:14:43.680 --> 02:14:48.000 Lose from your original price. That's our objective. That's how 2701 02:14:48.000 --> 02:14:48.760 we handle that. 2702 02:14:48.840 --> 02:14:51.319 And here's how I heard that. Hey, things can happen, 2703 02:14:51.680 --> 02:14:53.760 but the chances of it happening. 2704 02:14:53.479 --> 02:14:54.920 Are slim, are very slim. 2705 02:14:54.960 --> 02:14:57.520 It's almost like, well, I wouldn't say it's exactly like this, 2706 02:14:57.640 --> 02:15:02.239 but like, there is a possibility a plus plus life 2707 02:15:02.279 --> 02:15:05.680 insurance company could possibly go out of business. It hasn't 2708 02:15:05.720 --> 02:15:08.920 happened for my god for a long, long, long, long, long, 2709 02:15:09.000 --> 02:15:12.560 long long time. But yes, anything can happen. I can't 2710 02:15:12.600 --> 02:15:15.640 guarantee the earth, I can't get yeah, exactly, I can't 2711 02:15:15.680 --> 02:15:19.239 guarantee we can wake up and have oxygen. But it's 2712 02:15:19.359 --> 02:15:22.960 nice though, Steve that I mean, you own the house, 2713 02:15:23.000 --> 02:15:25.039 you can do whatever you want with it. You don't 2714 02:15:25.079 --> 02:15:27.159 have to hold on to it as long as Barry 2715 02:15:27.199 --> 02:15:29.319 tells you to. You could sell it the next day. 2716 02:15:29.359 --> 02:15:31.680 If you can make a profit on it. God bless you. 2717 02:15:31.680 --> 02:15:35.760 You know what I'm saying. Yeah, yeah, but there's no 2718 02:15:35.840 --> 02:15:37.239 it's like any other investment. 2719 02:15:37.319 --> 02:15:38.319 There's no guarantees. 2720 02:15:39.359 --> 02:15:40.159 The nine to eleven. 2721 02:15:40.319 --> 02:15:43.600 What's a good example, great example the Exon in the 2722 02:15:43.680 --> 02:15:46.479 nineteen eighties. And I don't know if you remember that, 2723 02:15:46.520 --> 02:15:49.359 but within a week or two the whole economy in 2724 02:15:49.399 --> 02:15:51.159 Denver turned around. 2725 02:15:51.520 --> 02:15:55.000 That's before my time. When you say, Xon, I swear 2726 02:15:55.000 --> 02:15:58.319 to God, you're gonna find this funny. I actually didn't 2727 02:15:58.359 --> 02:16:02.600 realize you associated with Denver. I was sinking Alaska and 2728 02:16:02.640 --> 02:16:06.640 the Valdees, and I bet that just destroyed whatever communities 2729 02:16:06.680 --> 02:16:07.039 were there. 2730 02:16:08.520 --> 02:16:09.600 Yeah. 2731 02:16:09.640 --> 02:16:11.640 Well they had a lot of office buildings here and 2732 02:16:11.680 --> 02:16:13.680 they just like all of a sudden moved out and 2733 02:16:13.720 --> 02:16:15.840 the market just really changed, you know that. 2734 02:16:17.079 --> 02:16:19.960 Yeah, Well, not much warning, but that would be that 2735 02:16:19.960 --> 02:16:21.640 That's where you got to kind of leave it up 2736 02:16:21.640 --> 02:16:25.119 to these experts to say, hey, this could possibly happen, 2737 02:16:25.159 --> 02:16:27.760 and to kind of look at the different scenarios out there. 2738 02:16:27.800 --> 02:16:31.119 But I mean, there's really, there's really not much. I 2739 02:16:31.119 --> 02:16:33.680 don't care if it's a stock you buy, I don't 2740 02:16:33.719 --> 02:16:37.639 care what the exception of some annuities, nothing's really safe. 2741 02:16:37.639 --> 02:16:40.760 And like I said, even on some annuities, there's a 2742 02:16:40.879 --> 02:16:43.440 chance that a meteorite hits and you never get your 2743 02:16:43.479 --> 02:16:44.239 principle back. 2744 02:16:44.319 --> 02:16:47.920 I mean, anything can happen, Anything could happen, and doom 2745 02:16:48.000 --> 02:16:48.719 and gloom. 2746 02:16:49.159 --> 02:16:52.280 You cannot over down that you could. Ah, there you go. 2747 02:16:52.799 --> 02:16:54.719 So, I mean it's kind of nuts that way, but 2748 02:16:54.719 --> 02:16:55.639 hold on, we'll be right now. 2749 02:16:55.959 --> 02:16:57.239 Question, how can you wake up dead? 2750 02:16:57.639 --> 02:16:58.799 Well, that's why I said it. 2751 02:17:01.760 --> 02:17:05.000 Go with a sure thing Denver's best roofer Excel Roofing 2752 02:17:05.120 --> 02:17:05.719 dot com. 2753 02:17:05.760 --> 02:17:07.760 You don't pay a cent until you're content. 2754 02:17:11.120 --> 02:17:14.719 Time for an insurance checkup free no obligation comparison call 2755 02:17:14.799 --> 02:17:18.120 Compass Insurance paying too much your coverage at dozens of 2756 02:17:18.120 --> 02:17:21.079 insurance companies find out now three oh three seven seven 2757 02:17:21.200 --> 02:17:23.959 one help. You'll think you're his only customer when you 2758 02:17:24.040 --> 02:17:26.479 choose Frank durand the real estate Man dot com to 2759 02:17:26.559 --> 02:17:29.760 list your home with Remax Alliance three oh three nine 2760 02:17:29.799 --> 02:17:31.280 two zero sixteen twenty two