Tuesday, March 31, 2020
370 - Are You Living on Acres of Diamonds? - Chris Miles, Money Ripples
Why was Russell Conwell, the founder of Temple University, referred to as the penniless millionaire?
This, along with other questions, will be answered in this show when Chris MIles talks about Conwell's classic Acres of Diamonds message. You will discover how this lawyer, minister, writer, educator, and diplomat who represented the City of Brotherly Love left a legacy that is still changing countless lives today.
His famous Acres of Diamonds message will also challenge you to seek opportunities to find true wealth right in your own backyard without getting sidetracked by selfishness and greed. The same principles that transformed Russell Conwell into one of the most charitable millionaires during his time, will also revolutionize your life as you listen to this episode.
Chris Miles, the "Cash Flow Expert and Anti-Financial Advisor," is a leading authority on how to quickly free up and create cash flow for thousands of his clients, entrepreneurs, and others internationally! He’s an author, speaker, and radio host that has been featured in US News, CNN Money, Bankrate, Entrepreneur on Fire, and spoken to thousands getting them fast financial results.
http://moneyripples.com/
https://lanaisnotwool.tumblr.com/post/614134676492288000/370-are-you-living-on-acres-of-diamonds-chris
https://www.blogtalkradio.com/moneyripples/2020/01/31/370--are-you-living-on-acres-of-diamonds
369-The Entrepreneur Trap - Chris Miles, Money Ripples
How would taking all your profits from your business and re-investing in your business be the WORST thing you can do?
Is "Paying yourself" the same as reinvesting in your business?
Cash Flow Expert - Chris Miles shares why entrepreneurs keep falling into a financial trap that imprisons them in a "Golden Cage" becoming more and more constricting over time.
Tune in now!
Chris Miles, the "Cash Flow Expert and Anti-Financial Advisor," is a leading authority on how to quickly free up and create cash flow for thousands of his clients, entrepreneurs, and others internationally! He’s an author, speaker, and radio host that has been featured in US News, CNN Money, Bankrate, Entrepreneur on Fire, and spoken to thousands getting them fast financial results.
http://moneyripples.com/
https://www.blogtalkradio.com/moneyripples/2020/01/29/369--the-entrepreneur-trap
https://lanaisnotwool.tumblr.com/post/614133080269144064/369-the-entrepreneur-trap-chris-miles-money
367 - Should You Copy Successful People? Chris Miles, Money Ripples
To Model or Not to Model Successful People.
Are many gurus practicing what they preach?
Does 'Finding someone successful and copying them' work?
The answer will shock you.
Is the Guru model outdated?
What are the Keys to Success?
Chris Miles, the "Cash Flow Expert and Anti-Financial Advisor," is a leading authority on how to quickly free up and create cash flow for thousands of his clients, entrepreneurs, and others internationally! He’s an author, speaker, and radio host that has been featured in US News, CNN Money, Bankrate, Entrepreneur on Fire, and spoken to thousands getting them fast financial results.
http://moneyripples.com/
https://lanaisnotwool.tumblr.com/post/614130503423066112/367-should-you-copy-successful-people-chris
https://www.blogtalkradio.com/moneyripples/2020/01/23/367--should-you-copy-successful-people
366 - Are You Sabotaging Your Freedom? - Chris Miles, Money Ripples
What's your next "thing" after you hit your cash flow goal and can retire? What is your legacy or bigger purpose? Are you sabotaging your financial freedom because you don't know what your "next" is? Chris shares some pointers based on his personal experiences.
Chris Miles, the "Cash Flow Expert and Anti-Financial Advisor," is a leading authority on how to quickly free up and create cash flow for thousands of his clients, entrepreneurs, and others internationally! He’s an author, speaker, and radio host that has been featured in US News, CNN Money, Bankrate, Entrepreneur on Fire, and spoken to thousands getting them fast financial results.
http://moneyripples.com/
https://lanaisnotwool.tumblr.com/post/614129476359553024/366-are-you-sabotaging-your-freedom-chris
https://www.blogtalkradio.com/moneyripples/2020/01/17/366--are-you-sabotaging-your-freedom
365 - Little Money To Invest? - Chris iIles, Money Ripples
Have you ever asked, "What can I invest in when I don't have a lot of money?"
When you get extra cash, what do you usually do? Pay off a loan? Save it? Invest? Party?
Chris gives you his winning formula for building a strong financial foundation and investing, even if you have little in the bank.
Recommended book: Richest Man in Babylon by George S ClasonChris Miles, the "Cash Flow Expert, and Anti-Financial Advisor," is a leading authority on how to quickly free up and create cash flow for thousands of his clients, entrepreneurs, and others internationally! He’s an author, speaker, and radio host that has been featured in US News, CNN Money, Bankrate, Entrepreneur on Fire, and spoken to thousands getting them fast financial results.
http://moneyripples.com/
https://lanaisnotwool.tumblr.com/post/614128756676755456/365-little-money-to-invest-chris-iiles-money
https://www.blogtalkradio.com/moneyripples/2020/01/15/365--little-money-to-invest
364 - The Power of Now - Chris Miles, Money Ripples
There are lots of opportunities. If you miss one, remember there is another one coming. However, you have to balance that against procrastination, where you miss opportunity after opportunity...
Don't Let Emotional Scars Mess with Your Mind and Your Financial Future
You do not have to go for everything all at once. You can grow into your success.
Chris gets his biggest returns from decisive action, done RIGHT NOW. In fact, he shares one key action that he did where he created over $1,000,000 in revenue!
Which small decisions could lead you to HUGE results?
Tune in now!
Chris Miles, the "Cash Flow Expert and Anti-Financial Advisor," is a leading authority on how to quickly free up and create cash flow for thousands of his clients, entrepreneurs, and others internationally! He’s an author, speaker, and radio host that has been featured in US News, CNN Money, Bankrate, Entrepreneur on Fire, and spoken to thousands getting them fast financial results.
http://moneyripples.com/
https://www.blogtalkradio.com/moneyripples
https://lanaisnotwool.tumblr.com/post/614128497363992576/364-the-power-of-now-chris-miles-money
363 - Should You Pay Off Debt in 2020? - Chris Miles, Money Ripples
Do you have a goal to pay off your debt this year?
Are you sure that's the best thing to do to achieve your goals though?
On today's show, Cash Flow Expert - Chris Miles shares what you should consider BEFORE paying off your debts this year.
Plus: The Truth About FOREX.
Also, learn more about the Cash Flow Index mentioned in Episode #335.
Chris Miles, the "Cash Flow Expert and Anti-Financial Advisor," is a leading authority on how to quickly free up and create cash flow for thousands of his clients, entrepreneurs, and others internationally! He’s an author, speaker, and radio host that has been featured in US News, CNN Money, Bankrate, Entrepreneur on Fire, and spoken to thousands getting them fast financial results.
http://moneyripples.com/
https://www.blogtalkradio.com/moneyripples
https://lanaisnotwool.tumblr.com/post/614128076386975744/363-should-you-pay-off-debt-in-2020-chris
Monday, March 30, 2020
Mission to Ensinada, Mexico #14
https://carolinahardmoney.com/mission-to-ensinada-mexico-14/
Bill Fairman went with 41 other entrepreneurs to Mexico recently to build two homes in two days. No plumbing, but they did wire them for electricity.
The children are always smiling and happy.
They rehabbed a hotel in Ensinada.
Youth With a MIssion - 18-20 year olds.
Every morning they met for breakfast and in the evening for dinner.
The land costs $1500 to $2000.
"What I thought were Problems, are really just annoyances."
~ Bill Fairman.
Carolina Capital is a hard money lender serving the needs of the “Real Estate Investor” and the "Small Builder" borrower who is striving to build wealth and generate income for themselves and their families. We offer “hard money rehab loans” and "Ground up Construction Loans" for investors only in NC, SC, GA, VA and TN (some areas of FL, as well).
As part of our business practices, we also serve as consultants for investors guiding them to network with other investors and educating them in locating and structuring transactions. Rarely, if ever, will you find a hard money lender willing to invest in your success like Carolina Capital Management.
Bill Fairman went with 41 other entrepreneurs to Mexico recently to build two homes in two days. No plumbing, but they did wire them for electricity.
The children are always smiling and happy.
They rehabbed a hotel in Ensinada.
Youth With a MIssion - 18-20 year olds.
Every morning they met for breakfast and in the evening for dinner.
The land costs $1500 to $2000.
"What I thought were Problems, are really just annoyances."
~ Bill Fairman.
Carolina Capital is a hard money lender serving the needs of the “Real Estate Investor” and the "Small Builder" borrower who is striving to build wealth and generate income for themselves and their families. We offer “hard money rehab loans” and "Ground up Construction Loans" for investors only in NC, SC, GA, VA and TN (some areas of FL, as well).
As part of our business practices, we also serve as consultants for investors guiding them to network with other investors and educating them in locating and structuring transactions. Rarely, if ever, will you find a hard money lender willing to invest in your success like Carolina Capital Management.
Hi everyone. Bill Fairman, Carolina capital management here.
Welcome to the show. I wanted to take a few minutes to talk about a wonderful
opportunity that I had with Scott Myers, his lovely wife, Christina, and puts
together a group to do a mission trip in Ensonata Mexico once a year. And this
mission trip is sponsored by a group called Youth with a Mission. And for
short, it's YWAM and you can get information. YWAM.org and their, their mission
obviously is the, they are a Christian based group. Their mission is to spread
the word, but what they do, which is really helpful. And in the third world
countries and they are, they have bases all over the world, but they're trying
to do what they can to break the cycle of poverty by providing housing that
safe for the children and the families. So that next generation, can grow up
with, you know, the thought of, yes, I can do it.
Welcome to the show. I wanted to take a few minutes to talk about a wonderful
opportunity that I had with Scott Myers, his lovely wife, Christina, and puts
together a group to do a mission trip in Ensonata Mexico once a year. And this
mission trip is sponsored by a group called Youth with a Mission. And for
short, it's YWAM and you can get information. YWAM.org and their, their mission
obviously is the, they are a Christian based group. Their mission is to spread
the word, but what they do, which is really helpful. And in the third world
countries and they are, they have bases all over the world, but they're trying
to do what they can to break the cycle of poverty by providing housing that
safe for the children and the families. So that next generation, can grow up
with, you know, the thought of, yes, I can do it.
And as long as they are in a safe environment where they
have at least a concrete floor instead of a dirt floor, it is easier for the
kids to study. And get an education and better themselves when they know that
they are, they have a nice home to go to versus some of the things you will see
in some of the pictures. And I'm going to show here in just a moment, but it
was an awesome trip we built, there was 42 of us on this trip. We flew into San
Diego, we have chartered a bus from there, so it goes down to Ensonata. It was
a beautiful ride too along the coast. So you have these beautiful mountains and
then the Pacific ocean, a nice deep and blue to look out on. I tell you when
you get you go into another country like that, it really makes you appreciate
what you have.
have at least a concrete floor instead of a dirt floor, it is easier for the
kids to study. And get an education and better themselves when they know that
they are, they have a nice home to go to versus some of the things you will see
in some of the pictures. And I'm going to show here in just a moment, but it
was an awesome trip we built, there was 42 of us on this trip. We flew into San
Diego, we have chartered a bus from there, so it goes down to Ensonata. It was
a beautiful ride too along the coast. So you have these beautiful mountains and
then the Pacific ocean, a nice deep and blue to look out on. I tell you when
you get you go into another country like that, it really makes you appreciate
what you have.
And the homes along the coast are these big giant mansions
and then you see these little shacks and some of them you cannot even call
shacks going back towards the, towards the East, away from, from the ocean. But
one thing that struck me was the children, they are always smiling and happy to
be there and it was just an awesome trip. So I'm going to share some pictures
and let you guys see for yourself here. So this is the base camp. They, this
particular base camp was a hotel in Ensonata and they have taken it and they
are rehabbing it. So you can see they have still got scaffolding up kind of a,
I forget what you call that color, but it's kind of a peach looking. That is
where the offices are, the kitchen, all that, where the scaffolding is, or our
rooms, they have some rooms that are set up for families, but most of the rooms
are set up.
and then you see these little shacks and some of them you cannot even call
shacks going back towards the, towards the East, away from, from the ocean. But
one thing that struck me was the children, they are always smiling and happy to
be there and it was just an awesome trip. So I'm going to share some pictures
and let you guys see for yourself here. So this is the base camp. They, this
particular base camp was a hotel in Ensonata and they have taken it and they
are rehabbing it. So you can see they have still got scaffolding up kind of a,
I forget what you call that color, but it's kind of a peach looking. That is
where the offices are, the kitchen, all that, where the scaffolding is, or our
rooms, they have some rooms that are set up for families, but most of the rooms
are set up.
And again, this is Youth with a Mission. So they are
typically 18 to 20 something year olds. Each room has four bunk beds and three
bathrooms. Really nice. Just, just been completed for the most part. They are
beautifully designed. And we all had, every morning we met here for breakfast.
And as you can see, that tent in the back right back here, we had a buffet
breakfast. And then every evening we met back here for a buffet dinner as well.
And surprisingly enough, it was Mexican food. All right. So here's the slab we
started with and I know what you are thinking when you are looking at these
pictures. Wow. This is what most people parked at our lawnmower in. And yes, it
is basically the size of a larger workshop or a tool shed. And most of the
homes were, you know, we are from, so we just finished framing the walls and we
put the signing up.
typically 18 to 20 something year olds. Each room has four bunk beds and three
bathrooms. Really nice. Just, just been completed for the most part. They are
beautifully designed. And we all had, every morning we met here for breakfast.
And as you can see, that tent in the back right back here, we had a buffet
breakfast. And then every evening we met back here for a buffet dinner as well.
And surprisingly enough, it was Mexican food. All right. So here's the slab we
started with and I know what you are thinking when you are looking at these
pictures. Wow. This is what most people parked at our lawnmower in. And yes, it
is basically the size of a larger workshop or a tool shed. And most of the
homes were, you know, we are from, so we just finished framing the walls and we
put the signing up.
We built two homes in two days. Now they do not have any
running water. There was no plumbing in here. So we are able to get these homes
up quickly and without having to deal with any plumbing issues. But we did wire
all of them for electricity. they have lights, a front porch light, ceiling
lights, and they're going to be a two bedroom with a front living space, dining
room, kitchen, living room area in the front. So you have lights, you have
outlets. Each one has three windows and a door for cross breezes. folks here
are paying cash for their land. It's costing them about 1500 to $2,000 to buy
these little plots of land that they're living on. So here is another angle in
the home. My job was operating the chop saw most of the time. And I was also
wiring, the electrical. I did some other stuff as well. Again, this house to
the left was built by the same mission a couple of years ago.
running water. There was no plumbing in here. So we are able to get these homes
up quickly and without having to deal with any plumbing issues. But we did wire
all of them for electricity. they have lights, a front porch light, ceiling
lights, and they're going to be a two bedroom with a front living space, dining
room, kitchen, living room area in the front. So you have lights, you have
outlets. Each one has three windows and a door for cross breezes. folks here
are paying cash for their land. It's costing them about 1500 to $2,000 to buy
these little plots of land that they're living on. So here is another angle in
the home. My job was operating the chop saw most of the time. And I was also
wiring, the electrical. I did some other stuff as well. Again, this house to
the left was built by the same mission a couple of years ago.
So we built the two houses. We split up into two groups.
So we had a red team and a blue team. And I was on the red team, so we had, you
know, 20 folks here working on this at a time, which was really fun because we
kept banging in each other. I took this picture specifically because I wanted
you to see how they recycled down there. So this fence post is a big giant PVC
pipe, beaten into the ground. And then the rest of these, as you can see, are
just trees. Sticks essentially driven into the ground. And if you look out
here, you don't see any trees. So they had this Gavin's for that too. But if
you will notice what the fence is made out of, these are inner coil springs
from an old mattress. But Hey, it makes a really good fence. Then, this is the
house that was on the premises still there. So inside it is pretty basic. We
just drywall, we paint. We did cut out of the drywall here in the kitchen
between the wood here and add shelves. Now the back of this is painted, but
this is just the drywall from the bedroom on the other side of the wall. But
it's a nice little added touch.
So we had a red team and a blue team. And I was on the red team, so we had, you
know, 20 folks here working on this at a time, which was really fun because we
kept banging in each other. I took this picture specifically because I wanted
you to see how they recycled down there. So this fence post is a big giant PVC
pipe, beaten into the ground. And then the rest of these, as you can see, are
just trees. Sticks essentially driven into the ground. And if you look out
here, you don't see any trees. So they had this Gavin's for that too. But if
you will notice what the fence is made out of, these are inner coil springs
from an old mattress. But Hey, it makes a really good fence. Then, this is the
house that was on the premises still there. So inside it is pretty basic. We
just drywall, we paint. We did cut out of the drywall here in the kitchen
between the wood here and add shelves. Now the back of this is painted, but
this is just the drywall from the bedroom on the other side of the wall. But
it's a nice little added touch.
We also went to the stores and purchased some furniture
forms, some bunk beds, some dining room table. We had a, a kitchen cabinet type
of thing, but they have no running water. So what we had to do with the sink
was put in a plug underneath. So you would bring in your bucket of water, you
would pour it into the sink, you would do the washing that you would need. The
bucket then goes underneath the cabinet and then you pull the plug and the, the
dirty water goes back into the bucket and then you can take it out. This is a,
the father of two boys. He has two girls as well. This is me and this is a part
of the group we were with. So this is the finish house. You can see we have
vents up here in the top and that helps with the ventilation as well. But the
house ends up with some nice little extras. We threw some shutters in here, a
little little porch over hanging. We use the wood that we had. This was were
the leftover two by fours that we cut to make a little stoop for them. Again,
you are thinking that is not much. Here's the little girls. This is one of the
neighbors. You can see they got more paint on themselves and they did on the
walls.
forms, some bunk beds, some dining room table. We had a, a kitchen cabinet type
of thing, but they have no running water. So what we had to do with the sink
was put in a plug underneath. So you would bring in your bucket of water, you
would pour it into the sink, you would do the washing that you would need. The
bucket then goes underneath the cabinet and then you pull the plug and the, the
dirty water goes back into the bucket and then you can take it out. This is a,
the father of two boys. He has two girls as well. This is me and this is a part
of the group we were with. So this is the finish house. You can see we have
vents up here in the top and that helps with the ventilation as well. But the
house ends up with some nice little extras. We threw some shutters in here, a
little little porch over hanging. We use the wood that we had. This was were
the leftover two by fours that we cut to make a little stoop for them. Again,
you are thinking that is not much. Here's the little girls. This is one of the
neighbors. You can see they got more paint on themselves and they did on the
walls.
This and why I was saying it is a, what we are building is
not much, but look at what they were living in. This is a wood structure and it
is just covered in plastic, mud floors. There's their stove. They do have
electricity as you can see over here. So they got an outlet. But yeah, not the
greatest place for kids to grow up as a family of four living in here. And here
is just an example of some of the other structures that people are living in.
So if you guys ever get a chance to do some mission work, I'm telling you, you
should take it up, volunteer and we could have easily just written a check. But
I felt like I needed to get a little bit more involved. I really appreciate
that because now it makes me really appreciate the, what I thought I had
problems.
not much, but look at what they were living in. This is a wood structure and it
is just covered in plastic, mud floors. There's their stove. They do have
electricity as you can see over here. So they got an outlet. But yeah, not the
greatest place for kids to grow up as a family of four living in here. And here
is just an example of some of the other structures that people are living in.
So if you guys ever get a chance to do some mission work, I'm telling you, you
should take it up, volunteer and we could have easily just written a check. But
I felt like I needed to get a little bit more involved. I really appreciate
that because now it makes me really appreciate the, what I thought I had
problems.
They are just annoyances. We have first-world problems.
They have third world problems. And these people were so grateful that they
have what they have now. And again, I was just blown away by how happy and
smiling the children were all the time. Even when they are living in these
areas, they don't, they don't know any better. So again, youth with a mission,
they'll take, you know, monetary donations as well, but you can volunteer to
any other places. You do not have to build houses. You can just go and be the
ones that are fixing the meals for the people that are building the homes and
take a week to go somewhere, spend two or three days there and then and always
vacation a few days in one of those resort cities as well. So I highly
recommend it. So that is what I have for now. Again, thanks to Scott Myers and
Christina for inviting me. I'm going to do it again next year. If anybody wants
to join us. Please contact me at Carolinahardmoney.com. Again, please like and
share. We are going to have other videos up and above some other content as
well. Thank you so much for doing this.
They have third world problems. And these people were so grateful that they
have what they have now. And again, I was just blown away by how happy and
smiling the children were all the time. Even when they are living in these
areas, they don't, they don't know any better. So again, youth with a mission,
they'll take, you know, monetary donations as well, but you can volunteer to
any other places. You do not have to build houses. You can just go and be the
ones that are fixing the meals for the people that are building the homes and
take a week to go somewhere, spend two or three days there and then and always
vacation a few days in one of those resort cities as well. So I highly
recommend it. So that is what I have for now. Again, thanks to Scott Myers and
Christina for inviting me. I'm going to do it again next year. If anybody wants
to join us. Please contact me at Carolinahardmoney.com. Again, please like and
share. We are going to have other videos up and above some other content as
well. Thank you so much for doing this.
[inaudible]
So thank you so much for joining us. If you really like
what you heard, you want to see some more, switch over here or here or perhaps
there. There's more episodes, but there is somewhere click it on there. Either
way. Subscribe and like us aswell please.
what you heard, you want to see some more, switch over here or here or perhaps
there. There's more episodes, but there is somewhere click it on there. Either
way. Subscribe and like us aswell please.
34 Vi Luxury Real Estate Investor in Charlotte
Carolina Capital is a hard money lender serving the needs of the “Real Estate Investor” and the "Small Builder" borrower who is striving to build wealth and generate income for themselves and their families. We offer “hard money rehab loans” and "Ground up Construction Loans" for investors only in NC, SC, GA, VA and TN (some areas of FL, as well).
As part of our business practices, we also serve as consultants for investors guiding them to network with other investors and educating them in locating and structuring transactions. Rarely, if ever, will you find a hard money lender willing to invest in your success like Carolina Capital Management.
-----------------------------------------------------------------
Hi everyone! It is Bill and Wendy with Carolina Capital Management.
Ola!
By the way, do not forget like, share, love.
Me in particular.
Down. We have other archive videos by the way. Depending
on the platform that you are on, it is going to be to the top, to the bottom,
to the side. It might just pop up at the end and Nick knows it might find it.
Carolina Capital Management, CarolinaHardMoney.com.
on the platform that you are on, it is going to be to the top, to the bottom,
to the side. It might just pop up at the end and Nick knows it might find it.
Carolina Capital Management, CarolinaHardMoney.com.
Tell all your friends.
We are here with our great friend Vi. She is one of our
wonderful borrowers.
wonderful borrowers.
And a very dear friend.
Thank you.
A great conversation with her. I am so amazed at how she
got started and I am going to let her tell the story do not worry.
got started and I am going to let her tell the story do not worry.
I knew her when she was a nobody.
When we first met, she was really good at finding great
deals.
deals.
Acquisitions.
In the Charlotte market and unfortunately, they never met
the box that she was placed in where she was working. And then she got smart
enough, I am really good at this. I am going to do it myself.
the box that she was placed in where she was working. And then she got smart
enough, I am really good at this. I am going to do it myself.
Yeah! And then she really started making money.
So what got you into the real estate in the first place?
Yeah! What were you thinking?
I always wanted to do real estate. And I was just thinking
you know what, I need to just start networking and working under people that
knew what they were doing. And you guys obviously knew what you were doing.
you know what, I need to just start networking and working under people that
knew what they were doing. And you guys obviously knew what you were doing.
Yeah. Some people think so.
I think so. So, I started off with wholesaling. This is
what you guys taught and with Larry. And I learned that I thought you know
what, there is more ways to grow in this business and I can do it I think, I
think I can. And I have the people that can help me get there.
what you guys taught and with Larry. And I learned that I thought you know
what, there is more ways to grow in this business and I can do it I think, I
think I can. And I have the people that can help me get there.
Right.
So I saw the opportunity from you guys and the experience
that you guys had and the direction that I can go and what you guys were
willing to teach and show. And that is what I did. And you guys became a big asset
to my business.
that you guys had and the direction that I can go and what you guys were
willing to teach and show. And that is what I did. And you guys became a big asset
to my business.
Awesome! Wow! Thanks.
That is what we love to hear. So, you have your niche
really is the luxury market in Charlotte area. Correct?
really is the luxury market in Charlotte area. Correct?
Right.
And frankly, the first house you ever purchased, I was
thinking what is wrong with her?
thinking what is wrong with her?
She has lost her mind and she will never get that much money
out of this.
out of this.
Because she was the first in the neighborhood to do a
house that size and it turned out to be one of your biggest profit margin
homes, did not it?
house that size and it turned out to be one of your biggest profit margin
homes, did not it?
It was. And I was thinking to myself.
Thank you God.
There is opportunity. You just got to be brave enough and
I have the support and I had the training with you guys how to run the numbers
and you know, understand the ARV, understand what potential of profit and
repairs and I felt really confident that it was going to get done.
I have the support and I had the training with you guys how to run the numbers
and you know, understand the ARV, understand what potential of profit and
repairs and I felt really confident that it was going to get done.
And I will tell you, you always have impressed me with the
vision that you have for neighborhoods. You are one of the few people that can
see the changes that are coming down the pike and you really, you honed in on
that and I think that really came from you being a wholesaler first.
vision that you have for neighborhoods. You are one of the few people that can
see the changes that are coming down the pike and you really, you honed in on
that and I think that really came from you being a wholesaler first.
Right.
Being able to see what you were selling other people. I
remember a HUD that that you showed me of closing one time where you made
$90,000 on a wholesale fee. That is right, $90,000 on a wholesale fee. I was
like, man, I want to be Vi when I grow up. That is awesome.
remember a HUD that that you showed me of closing one time where you made
$90,000 on a wholesale fee. That is right, $90,000 on a wholesale fee. I was
like, man, I want to be Vi when I grow up. That is awesome.
Well, I think I learned it from like the great friends
that we have, like Jeff Johnson, the 90,000 was not Jeff. It was not him.
that we have, like Jeff Johnson, the 90,000 was not Jeff. It was not him.
That is too funny.
I will have up with my head there.
Yeah, for sure.
But I think it was just learning and being able to sell to
these builders and understanding there are numbers and their construction
numbers and that benefited me in my business was kind of learning how to sell
and what worked for them.
these builders and understanding there are numbers and their construction
numbers and that benefited me in my business was kind of learning how to sell
and what worked for them.
Right.
And kind of adjusted that for myself.
Right. You know, the other thing I think is so awesome
about what you are doing too is you have a great design eye and walking into
any one of your houses, especially after their stage, they are just mind
blowing. But I think you might hold the world record for the largest center
island I have ever seen. It is like a ski slope, but it was unbelievable. It
just blew me away when I saw that. So what do you think it was that kind of
trained you to understand that luxury market?
about what you are doing too is you have a great design eye and walking into
any one of your houses, especially after their stage, they are just mind
blowing. But I think you might hold the world record for the largest center
island I have ever seen. It is like a ski slope, but it was unbelievable. It
just blew me away when I saw that. So what do you think it was that kind of
trained you to understand that luxury market?
Well, I think I go in this as buying as a woman and that
is what I like, that is why I like to have. I like to have nice big size
bathrooms, nice big size island. So I almost build these homes for myself and
wanting another person to buy and still buy that dream that I want. And that is
where how I get it.
is what I like, that is why I like to have. I like to have nice big size
bathrooms, nice big size island. So I almost build these homes for myself and
wanting another person to buy and still buy that dream that I want. And that is
where how I get it.
Awesome.
You do a great job of seeing what you would like to have,
but not doing it in weird colors like no one else would want. Because that can
be dangerous if you have a particular design in mind and then you want to do it
with colors that you liked. And you know, in this business it is all about me
and kind of plain, but you are doing it in a way where it is still great and it
still has the ability for people to add to it if they need it to. I want to go
back to that first house that we were talking about that house was just a
contemporary look like a normal two story house with a front porch and you will
walk in the front door and the whole house is just wide open with this
beautiful giant chandelier and the big wraparound steps and the loft and the
kitchen was just unbelievable. It when you walked into the house, it was a
modern design. When you walked back in the house, it was a traditional
contemporary looking two storey that was an awesome vision that.
but not doing it in weird colors like no one else would want. Because that can
be dangerous if you have a particular design in mind and then you want to do it
with colors that you liked. And you know, in this business it is all about me
and kind of plain, but you are doing it in a way where it is still great and it
still has the ability for people to add to it if they need it to. I want to go
back to that first house that we were talking about that house was just a
contemporary look like a normal two story house with a front porch and you will
walk in the front door and the whole house is just wide open with this
beautiful giant chandelier and the big wraparound steps and the loft and the
kitchen was just unbelievable. It when you walked into the house, it was a
modern design. When you walked back in the house, it was a traditional
contemporary looking two storey that was an awesome vision that.
Well I think I went with the neighborhood and went, you
know, someone is going to want this house. You walk in and you see all this.
And that is what I was thinking. I kept the colors of the what fit in the
neighborhood design. If someone young in that neighborhood, because that is who
was coming into the neighborhood and that was trendy. So, and it is good to
follow your neighborhood pinterest areas.
know, someone is going to want this house. You walk in and you see all this.
And that is what I was thinking. I kept the colors of the what fit in the
neighborhood design. If someone young in that neighborhood, because that is who
was coming into the neighborhood and that was trendy. So, and it is good to
follow your neighborhood pinterest areas.
That was really smart. I remember the first time you told
me that that you were, because I would ask you, how did you pick that light
out? You know that light fixture was like, "Oh I saw it on the
neighborhood pinterest, there were other people that put that up there."
That was so smart to think of that. How did you even think to get on the
neighborhood pinterest?
me that that you were, because I would ask you, how did you pick that light
out? You know that light fixture was like, "Oh I saw it on the
neighborhood pinterest, there were other people that put that up there."
That was so smart to think of that. How did you even think to get on the
neighborhood pinterest?
I just kinda look around and who your friends are, your
friends on Facebook or your friends on, you know, your real estate sites and
kind of follow each other now.
friends on Facebook or your friends on, you know, your real estate sites and
kind of follow each other now.
Awesome, yeah! And then I know through the years that we
have been doing business together, I have seen you pick up partners as you go
along the way because there are other people really that want to learn what you
are doing and you have been so good at giving back and taking them under your
wing and showing them what to do to, how have those worked out for you? Well,
not all of them are perfect of course.
have been doing business together, I have seen you pick up partners as you go
along the way because there are other people really that want to learn what you
are doing and you have been so good at giving back and taking them under your
wing and showing them what to do to, how have those worked out for you? Well,
not all of them are perfect of course.
Well you know, in business it is important to find
business partners that see eye to eye and page to page and not every deal is
going to be always be like that, but you are going to work through it because
you signed up. But I, you know, I think it is been a learning lesson for both
sides. So you just keep moving forward and you kind of pull in people in your
life and in your business that can help you get there. Or is there a learning
lesson?
business partners that see eye to eye and page to page and not every deal is
going to be always be like that, but you are going to work through it because
you signed up. But I, you know, I think it is been a learning lesson for both
sides. So you just keep moving forward and you kind of pull in people in your
life and in your business that can help you get there. Or is there a learning
lesson?
Awesome.
Well, I know we talked about trendy design, but you know
your designs are trendy but they are still timeless too. It is not something
that is going to go out of favor in a few years and then they are going to have
to remodel either because it is classically designed as well. I really enjoy
what you do to the interior these homes and a lot of the places that you have
built in are pretty small lot footprints. But you have been able to make the
most out of the space that you have there. Me, I like a lot of space in the
backyard where people cannot see me.
your designs are trendy but they are still timeless too. It is not something
that is going to go out of favor in a few years and then they are going to have
to remodel either because it is classically designed as well. I really enjoy
what you do to the interior these homes and a lot of the places that you have
built in are pretty small lot footprints. But you have been able to make the
most out of the space that you have there. Me, I like a lot of space in the
backyard where people cannot see me.
You were going to say you want to pee in the backyard and
nobody can see it in. He and his dog. A really big bush.
nobody can see it in. He and his dog. A really big bush.
There is definitely a market for what you are putting
together. So, are there other designs, other areas you want to go into?
Different types of property, you know like multifamily or anything like that?
together. So, are there other designs, other areas you want to go into?
Different types of property, you know like multifamily or anything like that?
We do and that is what we want to start doing. But I think
there is some other projects that we have that we need to finish up this year.
We really love doing the modern and we think it is a quick sale for Charlotte.
A lot of people are moving in and are just crazy about that. And just, you
know, we remember that it is even the moderns you still have to keep it
timeless in inside where you know they are not going to want to switch out
their tile the next year or their light the next year or six months.
there is some other projects that we have that we need to finish up this year.
We really love doing the modern and we think it is a quick sale for Charlotte.
A lot of people are moving in and are just crazy about that. And just, you
know, we remember that it is even the moderns you still have to keep it
timeless in inside where you know they are not going to want to switch out
their tile the next year or their light the next year or six months.
Right.
A little less expensive to build too, are not they?
Not necessarily.
Windows are more.
The windows are more sightings more.
So it might save you in the trim package.
Nothing is cheap, not in Charlotte, not anymore.
So financing wise, you know, we are thrilled that you have
chosen us to do some of your loans with and you have got new construction and
rehab that you have been doing. So what are some of the other ways that you are
getting financed on some of the projects that you're doing?
chosen us to do some of your loans with and you have got new construction and
rehab that you have been doing. So what are some of the other ways that you are
getting financed on some of the projects that you're doing?
Well, other ways is, you know, to kind of gap the in
between, right? So you get a loan, you bring a partner in that can help you
support your construction and also to your payments. That is how you partner
and you find your loans and always partner with a trusted partner.
between, right? So you get a loan, you bring a partner in that can help you
support your construction and also to your payments. That is how you partner
and you find your loans and always partner with a trusted partner.
And get it in writing. Get everything in writing, right?
Unfortunately, handshakes are not always.
They are not what they used to be, are they?
There are plans on cocktail napkins never worked out.
Yeah! That is for sure.
So, in the bigger picture when people were doing large syndications
with multifamily or self storage where you are doing larger dollar
acquisitions, you can raise a fund where it takes care of the down payment, the
payments going forward, there are what we call the debt service.
with multifamily or self storage where you are doing larger dollar
acquisitions, you can raise a fund where it takes care of the down payment, the
payments going forward, there are what we call the debt service.
That is called gap fund.
Until the difference. It is the same thing. I mean, you
can put a fund together to do that on the larger dollar. What Vi does is she
brings in partners that can help her with that on some of these larger
properties. So that is good.
can put a fund together to do that on the larger dollar. What Vi does is she
brings in partners that can help her with that on some of these larger
properties. So that is good.
Yeah. That becomes a learning experience for both sides.
They want to get in construction, we need the project to get done. We teach them
the steps and you know, at some point they will be able to do it without us.
They want to get in construction, we need the project to get done. We teach them
the steps and you know, at some point they will be able to do it without us.
Right.
You know, share the knowledge.
So it is a learning experience for them. They get to make
money by putting money into it and they get to learn what you are doing.
money by putting money into it and they get to learn what you are doing.
Right.
So what are your some of your biggest challenges right
now?
now?
Oh, you know, I think when you get into real estate number
one in Charlotte, it is going to be finding the property that you are going to
work. Those are so hard to find now. And also funding is always gonna be an
issue unless you guys have great friends and business partners like you guys.
one in Charlotte, it is going to be finding the property that you are going to
work. Those are so hard to find now. And also funding is always gonna be an
issue unless you guys have great friends and business partners like you guys.
As long as we have money.
As long as we have money then so to you?
Yeah. That is right.
Well, I know the market changes all the time and you know,
when we first got started there was a lot of low hanging fruit and I know right
now it is very difficult to find inventory and especially in the Charlotte
market. Have you thought about branching out any into some of the bedroom
communities as well? How are you trying to stay focused in there?
when we first got started there was a lot of low hanging fruit and I know right
now it is very difficult to find inventory and especially in the Charlotte
market. Have you thought about branching out any into some of the bedroom
communities as well? How are you trying to stay focused in there?
I still think that in Charlotte there was enough money and
enough projects, you just got to be smart on how you find them. There was
always low hanging fruit kind of everywhere. And I just feel like back then,
not everyone was chasing after it, but now like everyone is in real estate or
everyone is trying to become an investor and some deals are made and not
closed, you know when people go under contract and then they fall apart and it
is not being closed. So, but I still think that there is still enough for me in
Charlotte.
enough projects, you just got to be smart on how you find them. There was
always low hanging fruit kind of everywhere. And I just feel like back then,
not everyone was chasing after it, but now like everyone is in real estate or
everyone is trying to become an investor and some deals are made and not
closed, you know when people go under contract and then they fall apart and it
is not being closed. So, but I still think that there is still enough for me in
Charlotte.
So are you relying on others defend you deals more or are
you doing most of this yourself?
you doing most of this yourself?
When I first started, it was me and my agent. My agent
friends that actually are girls, you know, one of the ones that helped me to
find some of my real estate deals. But I am able to network now that I have
been in the business long enough and people know that when I am interested
enough and I put my DD and that you know, my earnest.
friends that actually are girls, you know, one of the ones that helped me to
find some of my real estate deals. But I am able to network now that I have
been in the business long enough and people know that when I am interested
enough and I put my DD and that you know, my earnest.
That is due diligence. DD is due diligence. So anyway, you
do your due diligence.
do your due diligence.
I did my due diligence and I mean, now I forgot the
question.
question.
I thought the question was, how are you finding
properties?
properties?
Now it is just kinda like I know friends, they may not be
able to do it or in the times and not right for them and they will pass it
along to us or we will do, you know, same kind of just goes back and forth.
able to do it or in the times and not right for them and they will pass it
along to us or we will do, you know, same kind of just goes back and forth.
Yeah. Are you finding that you are going into a different,
where the after repaired values are lower because you were doing nothing but
high end stuff? Are you finding that you are dipping into a lower sale price
and some of the stuff that you are doing? Are you, what is your thought on
that?
where the after repaired values are lower because you were doing nothing but
high end stuff? Are you finding that you are dipping into a lower sale price
and some of the stuff that you are doing? Are you, what is your thought on
that?
I mean, I guess, you know, because the scare everyone like
the economy and everything, everyone is kind of going lower. But I am just kind
of sticking with what I know. And that has not changed. The properties that I
am doing, it is still high end. It is still going on to contract. So for me, I
am going to stick with what I know and sell what I know and what I have and it
is higher end but it is still working. Maybe that does not mean it is not going
to change in the next two, three years. But for right now I am sticking with.
the economy and everything, everyone is kind of going lower. But I am just kind
of sticking with what I know. And that has not changed. The properties that I
am doing, it is still high end. It is still going on to contract. So for me, I
am going to stick with what I know and sell what I know and what I have and it
is higher end but it is still working. Maybe that does not mean it is not going
to change in the next two, three years. But for right now I am sticking with.
Well I think what sets you apart too is your designs are
so different from what everybody else is doing and that really stands out. So
you know, if someone is looking at two houses that are, you know, $800,000 and
they walk in your house and they walk in the other one, yours always stands
out. Yeah. It is just amazing. I think that makes all the difference in the
world with how you do it.
so different from what everybody else is doing and that really stands out. So
you know, if someone is looking at two houses that are, you know, $800,000 and
they walk in your house and they walk in the other one, yours always stands
out. Yeah. It is just amazing. I think that makes all the difference in the
world with how you do it.
And I, you know, thank you. I cannot take all the credit
because I have to say it is also the person listing it. You know you have high
end, you gotta have a high end realtor.
because I have to say it is also the person listing it. You know you have high
end, you gotta have a high end realtor.
That is a great point.
Push that high end price knows how to teach it, preach it,
sleep and think and talk about it.
sleep and think and talk about it.
Yeah, that is a good point. Your team means everything.
That is true.
And I loved your promotions on these houses when they are
ready to go on the market you invite a whole bunch of people and have you get
them all liquored up. You cater it.
ready to go on the market you invite a whole bunch of people and have you get
them all liquored up. You cater it.
She did a casino night and one of them. That was a lot of
fun.
fun.
You have beverages and people talk about it.
Yeah they do. It gets out there.
You end up with a bidding process and I do not know if it
is the same now because the market has changed a little bit, but you know at
one time you had people fighting over the properties, which was great. But
fortunately we are still in a pretty low interest rate environment, which is
still helping even the higher end stuff.
is the same now because the market has changed a little bit, but you know at
one time you had people fighting over the properties, which was great. But
fortunately we are still in a pretty low interest rate environment, which is
still helping even the higher end stuff.
And you guys still have lots of money.
It depends on what day you ask. And I think this market
too, you know, everything is coming in this direction. People are moving to the
Southeast, but North and South Carolina just have a great predicted growth. So
you are in a year in a good spot and you know, are the job growth here, the
companies that are coming here. We are in a good spot.
too, you know, everything is coming in this direction. People are moving to the
Southeast, but North and South Carolina just have a great predicted growth. So
you are in a year in a good spot and you know, are the job growth here, the
companies that are coming here. We are in a good spot.
And if it will stop raining soon, maybe you can get some
stuff completely.
stuff completely.
Yeah!
That is true.
That would be nice.
Do you have anything else you wanted to add?
I think that is it.
Did you have any questions you wanted to ask us at all?
I am always like.
Why are we doing this to you?
Yeah! Like why are we doing this? Why are you doing this
to me?
to me?
No, I appreciate the opportunity of even being able to,
you know, to sit here and talk about how we built this relationship to it.
you know, to sit here and talk about how we built this relationship to it.
Well this will go out to tons of people.
Well I am glad I brushed my hair.
That is great.
Thanks for joining us. Thank you so much. Bill and Wendy
with Carolina Capital Management. Please like and share and subscribe. That is
what I was looking for. CarolinaHardMoney.com for information.
with Carolina Capital Management. Please like and share and subscribe. That is
what I was looking for. CarolinaHardMoney.com for information.
Tell all of your friends.
Bye!
Thank you very much for joining us. Hope you had a good
time. Get a little knowledge as well. Do not forget to subscribe and like us,
and if you like see some more episodes perhaps up here, perhaps down here for
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there is place to press to get to the other episode. Enjoy.
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