Jim Rachor, one of Carolina Capital Management's investors, joins Wendy Sweet and Bill Fairman. Jim is a dentist who has been investing for three year plus years in the fund.
He met his wife when he was 10 years old. They did not date until they were in college.
"Life is too short to sit around and do nothing" ~ Jim Rachor
He and his wife adopted children from Guatemala. They made 8 or 9 trips there. Now they take 130 people to Guatemala each summer to do mission work. www.TransformingFutures.org
They feed 500 children a day.
He knew after meeting Wendy and Bill that he could trust with his investment money.
Jim will never leave the fund.
Jim speaks at a mentorship program at his local dentist school. Most students are 300k in debt and do not know how to handle their money.
Real estate is a hedge against itself. Over time, real estate will appreciate 3% a year over 30 years in most US markets.
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 with Carolina Capital Management.
I am here with my lovely sister, Wendy Sweet and the guy that does all the work
around here, Jonathan Davis.
I am here with my lovely sister, Wendy Sweet and the guy that does all the work
around here, Jonathan Davis.
All the brain lifting, right?
So, before we get too far into this.
Please like us. Please share us. Tell all your friends,
you can reach us at CarolinaHardMoney.com. Just wanted to make sure that I was
right on that. I did not take it away from him. He took it away from me.
you can reach us at CarolinaHardMoney.com. Just wanted to make sure that I was
right on that. I did not take it away from him. He took it away from me.
That is all right. And we talk a lot about investment. So,
it is very important that we do our disclaimer. We are not trying to sell any
kind of stock or security. This is educational purposes only. There is risk
with any investment. So make sure you read the PPM and consult your financial advisor
before you invest in any type of investment. And by the way, your mileage may
vary.
it is very important that we do our disclaimer. We are not trying to sell any
kind of stock or security. This is educational purposes only. There is risk
with any investment. So make sure you read the PPM and consult your financial advisor
before you invest in any type of investment. And by the way, your mileage may
vary.
That is right.
So anyway, folks, welcome to the show. We have a great
guest with us today. He is actually one of our investors. Jim is a dentist up
in Michigan, currently in the warm part of Michigan where it only snowed today,
right? Jim, welcome to our show. Jim Rachor by the way.
guest with us today. He is actually one of our investors. Jim is a dentist up
in Michigan, currently in the warm part of Michigan where it only snowed today,
right? Jim, welcome to our show. Jim Rachor by the way.
Thank you.
We have known Jim through a mastermind, Dr. David Phelps,
puts his own it is called freedom founders and we have known him and his wife
for a few years now. What sort of three or four?
puts his own it is called freedom founders and we have known him and his wife
for a few years now. What sort of three or four?
Three years now. Three years maybe going on four coming up
in the summer, I think.
in the summer, I think.
Awesome!
Excellent! Give me a little background Jim. Were you born
and raised in that same area?
and raised in that same area?
Yeah, so I was born and raised here in mid Michigan, a
little town called grand Blanc, big white, they used to call it back in the
days and the French founded it. But it is a nice community, used to be a famous
golf tournament there. People know about Warwick Hills. I used to live right
there on the golf course. So got to meet a lot of cool people back in the day
and then grew up there. My wife, I met when I was 10 and she was two streets
over from me and I used to love her dad because her dad owned about a hundred
Arby's. Yeah! So, he who is one of the guys involved with the beef and cheddar
and the Jamoca shape, just FYI. So I have known her my whole life. We did not
date till we got to college. So long story short, I went to the local high
school, she went to private high school and then we ended up, when I was in
dental school at Michigan, she was a nursing school and she moved in and our
apartment doors hit. I grew up in Michigan and I went to Michigan state. My
major was in economics. I graduate out of dental school a year early or applied
to the university of Michigan year early and got in year early. So, I thought
that was smart idea. My idea was to defer that and go skiing for a year. My dad
said, no, you are not doing that. Well, I was one of the youngest people in my
class that was good and bad at the time, but I was up kind of a person that is
going to grow over and beyond to learn what I want to learn and did not waste a
lot of time on the minutiae. So there is a lot of that in school I thought. I
also grew up, my dad was as a financial advisor. So, he was in stocks and bonds
and private money managers in New York and around the country. Got to learn a
lot about that side of investing. Especially when I got out of school and knew
that I had, I had the capital I needed to do something with and so that was
kind of where I got to be. You know, David Phelps and feeder farmers as well.
But my wife and I are Christians and we also can be determined that life is too
short to just sit around and do things for yourself. And we just got this, the
Holy spirit gave us the canvas, this bog that we needed to adopt. I grew up
with nine adoptive cousins. So, it was normal for me to have people in our
family that were, you know, by biological I will say.
little town called grand Blanc, big white, they used to call it back in the
days and the French founded it. But it is a nice community, used to be a famous
golf tournament there. People know about Warwick Hills. I used to live right
there on the golf course. So got to meet a lot of cool people back in the day
and then grew up there. My wife, I met when I was 10 and she was two streets
over from me and I used to love her dad because her dad owned about a hundred
Arby's. Yeah! So, he who is one of the guys involved with the beef and cheddar
and the Jamoca shape, just FYI. So I have known her my whole life. We did not
date till we got to college. So long story short, I went to the local high
school, she went to private high school and then we ended up, when I was in
dental school at Michigan, she was a nursing school and she moved in and our
apartment doors hit. I grew up in Michigan and I went to Michigan state. My
major was in economics. I graduate out of dental school a year early or applied
to the university of Michigan year early and got in year early. So, I thought
that was smart idea. My idea was to defer that and go skiing for a year. My dad
said, no, you are not doing that. Well, I was one of the youngest people in my
class that was good and bad at the time, but I was up kind of a person that is
going to grow over and beyond to learn what I want to learn and did not waste a
lot of time on the minutiae. So there is a lot of that in school I thought. I
also grew up, my dad was as a financial advisor. So, he was in stocks and bonds
and private money managers in New York and around the country. Got to learn a
lot about that side of investing. Especially when I got out of school and knew
that I had, I had the capital I needed to do something with and so that was
kind of where I got to be. You know, David Phelps and feeder farmers as well.
But my wife and I are Christians and we also can be determined that life is too
short to just sit around and do things for yourself. And we just got this, the
Holy spirit gave us the canvas, this bog that we needed to adopt. I grew up
with nine adoptive cousins. So, it was normal for me to have people in our
family that were, you know, by biological I will say.
Right.
But, that journey took us, you know, to Vietnam and where
and this and that other place that would adopt to us was Guatemala. Because we
already had five children. China and Guatemala would adopt and we just prayed
about it and we decided we should adopt from Guatemala. We adopt our first
daughter that we were going to adopt. There were some problems, which meant
that they did not know where the mom was. It halted the process. Long story
short, we ended up adopting another, a daughter named Hope because they said we
had never get Amelia, which was the first girl. And we spent probably seven to
eight years trying to get Amelia back and forth, corrupt lawyers, corruption,
wondering why God had us there. Should we just forget about her. And in doing
those eight or nine trips to Guatemala, we had people that wanted to go with us
and that is what birthed our mission trips that we do every summer. We take
about a hundred and 130 people every summer to Guatemala on mission trips. And
then that is birthed into a feeding center and an orphanage and a mentoring
program. All of which came from a door that I think, God, I thought it was
closed to this one little girl that took this long to adopt. She is doing great
now by the way.
and this and that other place that would adopt to us was Guatemala. Because we
already had five children. China and Guatemala would adopt and we just prayed
about it and we decided we should adopt from Guatemala. We adopt our first
daughter that we were going to adopt. There were some problems, which meant
that they did not know where the mom was. It halted the process. Long story
short, we ended up adopting another, a daughter named Hope because they said we
had never get Amelia, which was the first girl. And we spent probably seven to
eight years trying to get Amelia back and forth, corrupt lawyers, corruption,
wondering why God had us there. Should we just forget about her. And in doing
those eight or nine trips to Guatemala, we had people that wanted to go with us
and that is what birthed our mission trips that we do every summer. We take
about a hundred and 130 people every summer to Guatemala on mission trips. And
then that is birthed into a feeding center and an orphanage and a mentoring
program. All of which came from a door that I think, God, I thought it was
closed to this one little girl that took this long to adopt. She is doing great
now by the way.
Wow!
Is now become, you know, and also part of our family and
also story and pretty much the beginning of all of our mission work in
Guatemala and truth be told my first time in Guatemala, I wanted to get out and
never, never go back. It is just how things work out that way. That was not
what God's plan was. So that is my background, my life in the finance world.
For me, when I met Bill and Wendy, I knew for a fact after talking to them I
could trust them. We had the same faith. And the one thing I think about is who
do I know I can trust, that is what I am going to invest with. And so, anybody
who has any capital at all, you have got to do something with it. You cannot
just keep it in the bank. You will lose money in the bank, obviously.
Insulation in taxes and what have you. My dad's side of that, back in the
heyday of the 80's and 70's, 80's, 90's insider trading that they could do was
legal. They set the mine manager into Motorola for instance, or I mean I could,
you know, corrections court was a great, was a big huge stock back in the day.
Messa airlines, we knew it was ahead of time what was going to happen and it
was not really the investing. It was you got the inside information, you made a
lot of money back in the day it was legal and you could do this with, you did
it. You send people to the company and you got some people on board onsite to
do their due diligence. You could make an educated guest to make a lot of money
in the stock market. Those days are gone, which kind of sent me along to David
Phelps of Freedom Founders and the cash flow method, buying things low and
making money on the bar, you could still do in real estate.
also story and pretty much the beginning of all of our mission work in
Guatemala and truth be told my first time in Guatemala, I wanted to get out and
never, never go back. It is just how things work out that way. That was not
what God's plan was. So that is my background, my life in the finance world.
For me, when I met Bill and Wendy, I knew for a fact after talking to them I
could trust them. We had the same faith. And the one thing I think about is who
do I know I can trust, that is what I am going to invest with. And so, anybody
who has any capital at all, you have got to do something with it. You cannot
just keep it in the bank. You will lose money in the bank, obviously.
Insulation in taxes and what have you. My dad's side of that, back in the
heyday of the 80's and 70's, 80's, 90's insider trading that they could do was
legal. They set the mine manager into Motorola for instance, or I mean I could,
you know, corrections court was a great, was a big huge stock back in the day.
Messa airlines, we knew it was ahead of time what was going to happen and it
was not really the investing. It was you got the inside information, you made a
lot of money back in the day it was legal and you could do this with, you did
it. You send people to the company and you got some people on board onsite to
do their due diligence. You could make an educated guest to make a lot of money
in the stock market. Those days are gone, which kind of sent me along to David
Phelps of Freedom Founders and the cash flow method, buying things low and
making money on the bar, you could still do in real estate.
Right.
And so we tried to be to that. So now I started to, with
an impending correction coming and the casino. I think that wall street is now
because of all sorts of different things that I know about blockchain and what
have you. And you know, Ray Dalios metrics on how to pick stocks. I do not feel
like that is a place we should have our money right now. And so that is kinda
where I met with you guys and I am in your phone, love the fund. I would say I
actually like it was back in the day in the stock market. You could talk to
people and like, I can talk to you guys. And the good and the bad, it feels
like even things that were a little bit tricky and in years past we could count
on you to have our back. And you do not really find that anywhere really,
especially on Washington.
an impending correction coming and the casino. I think that wall street is now
because of all sorts of different things that I know about blockchain and what
have you. And you know, Ray Dalios metrics on how to pick stocks. I do not feel
like that is a place we should have our money right now. And so that is kinda
where I met with you guys and I am in your phone, love the fund. I would say I
actually like it was back in the day in the stock market. You could talk to
people and like, I can talk to you guys. And the good and the bad, it feels
like even things that were a little bit tricky and in years past we could count
on you to have our back. And you do not really find that anywhere really,
especially on Washington.
Awesome. Thank you for those kind of words. We appreciate
that.
that.
I really appreciate that. Yeah so, I will be a lifetimer
because when I saw what you would do for your investors, nobody else would
really do that.
because when I saw what you would do for your investors, nobody else would
really do that.
Awesome. Thank you. Wow! That is so nice and that was
completely, we did not ask for that. And we are not paying them to say these
things, right? Although we are paying him, but it is coming from the fund.
completely, we did not ask for that. And we are not paying them to say these
things, right? Although we are paying him, but it is coming from the fund.
Well, I will say, I have a mentor ship program that I
speak on at the dental school and it is amazing how sad it is of the new
graduates coming out of, I will just say out of the University of Michigan, you
know, dental school with 65% of them have over $300,000 in debt.
speak on at the dental school and it is amazing how sad it is of the new
graduates coming out of, I will just say out of the University of Michigan, you
know, dental school with 65% of them have over $300,000 in debt.
How did they do that?
And they do not know what to do with their money. And out
of the 40 presenters, I was the only dentist. The rest were financial people,
you know, Merrill Lynch insurance when have you, and so your model that you
guys have here and even in our meetings where we can chit chat, break things
down, talk in a way that makes sense to people like us. You know, it is really
a breath of fresh air and I am finding that there is a niche out there even for
young professionals that just do not have any idea what to do once they get
out. But now they are getting out with so much debt. It is even like, that is
something, you know, I think real estate is, well you always say Bill, there is
so many different ways to do real estate, you know?
of the 40 presenters, I was the only dentist. The rest were financial people,
you know, Merrill Lynch insurance when have you, and so your model that you
guys have here and even in our meetings where we can chit chat, break things
down, talk in a way that makes sense to people like us. You know, it is really
a breath of fresh air and I am finding that there is a niche out there even for
young professionals that just do not have any idea what to do once they get
out. But now they are getting out with so much debt. It is even like, that is
something, you know, I think real estate is, well you always say Bill, there is
so many different ways to do real estate, you know?
Right.
So, that is my 2 cents or whatever. Maybe too much you
want to hear about. That is what I came from.
want to hear about. That is what I came from.
No, I love it.
Well, the analogy I always like to use with real estate
is, it is a hedge against itself. You can make money like say if you are in a
stock where you buy low and sell high. Same thing with real estate. You can get
it at a good price and sell it at a profit if that does not happen because it
does not happen all the time. Markets do not always go up, sometimes they go
down. But for the long haul, real estate is going to appreciate in most
markets, and again, every market is a little different about three and a half
percent a year over a 30 year period. It is not always going to go up in a
straight line. But if they do go down like what happened in the 07 and 08 Santa
things, when the values just limited, we love to say this, the house does not
care how much it is worth as long as it is making money. So now consider this.
You have a stock that has an upside and when it is going down, it pays you a
dividend. So, if you can turn that asset into an income producing asset, it
does not matter if the value does not go up because you are producing a
cashflow at the same time. So, it is a hedge against itself. Now, I am very
curious as to why you got a degree in economics. I am asuming, it was because
of your dad's background and then did you just decide that, what made you
decide to go into dentistry after you got a degree in economics?
is, it is a hedge against itself. You can make money like say if you are in a
stock where you buy low and sell high. Same thing with real estate. You can get
it at a good price and sell it at a profit if that does not happen because it
does not happen all the time. Markets do not always go up, sometimes they go
down. But for the long haul, real estate is going to appreciate in most
markets, and again, every market is a little different about three and a half
percent a year over a 30 year period. It is not always going to go up in a
straight line. But if they do go down like what happened in the 07 and 08 Santa
things, when the values just limited, we love to say this, the house does not
care how much it is worth as long as it is making money. So now consider this.
You have a stock that has an upside and when it is going down, it pays you a
dividend. So, if you can turn that asset into an income producing asset, it
does not matter if the value does not go up because you are producing a
cashflow at the same time. So, it is a hedge against itself. Now, I am very
curious as to why you got a degree in economics. I am asuming, it was because
of your dad's background and then did you just decide that, what made you
decide to go into dentistry after you got a degree in economics?
Well, my dad was a CPA and a financial advisor. My mother
was a dental hygienist and my dad worked every day. He worked every day and
never had a day off. And I did not want to do that job. But also back in the
day I learned that if you really buckled down, if you get into dental school a
year early. So I did all my pre dental stuff ahead of time some of the summer
and, but I did not want to be a biologist or chemist if I did not get into
dental school. So, well I thought, I know I could go on and come alongside my
father. I probably would have wanted it to be a money manager. I had an N in
New York where I could work with a firm out there that actually, ironically
David Phelp's wife was involved with as well. So just a lot of neat stuff. So
that was kind of why it went into, I unliked it better and I had all my tough
done for, you know, dental school. Then I really kind of worked on trying to
get it in early. I applied to 10 schools at the time. University of Michigan
was number one in the world. It is usually number one, usually North Carolina
and Michigan or Harvard. They just keep switching around. And so I got into
there and I was like, man, I better go. It made financial sense to go because I
was saving a year worth of tuition. But truth be told, my father paid all my
education through his mastery of the stock market and my sister is also a
dentist, any nurse anesthetist.
was a dental hygienist and my dad worked every day. He worked every day and
never had a day off. And I did not want to do that job. But also back in the
day I learned that if you really buckled down, if you get into dental school a
year early. So I did all my pre dental stuff ahead of time some of the summer
and, but I did not want to be a biologist or chemist if I did not get into
dental school. So, well I thought, I know I could go on and come alongside my
father. I probably would have wanted it to be a money manager. I had an N in
New York where I could work with a firm out there that actually, ironically
David Phelp's wife was involved with as well. So just a lot of neat stuff. So
that was kind of why it went into, I unliked it better and I had all my tough
done for, you know, dental school. Then I really kind of worked on trying to
get it in early. I applied to 10 schools at the time. University of Michigan
was number one in the world. It is usually number one, usually North Carolina
and Michigan or Harvard. They just keep switching around. And so I got into
there and I was like, man, I better go. It made financial sense to go because I
was saving a year worth of tuition. But truth be told, my father paid all my
education through his mastery of the stock market and my sister is also a
dentist, any nurse anesthetist.
Wow!
So, very highly educated sister. And so that was, that was
kind of what I was brought up with all that stuff.
kind of what I was brought up with all that stuff.
Excellent.
It is fun. You know, IRAs, but you know, like you were saying
Bill, there was no real tax hedge. I did not see, in stock market. As you see
with you know, real estate. And I could not really tell you what I had my stock
if I have not got a mutual fund, what was I really invested in? I do not know.
You do not really know what you are invested in. And things changed too, like
for instance, with the stretch IRA recently, a lot of my dad's estate planning
hedge on and of course, you know Eddie speed and Martha's speed and their deal
is to stretch that out to the grandkids, now that is gone. You know, the 10
year deal now all happened in two weeks, the last week of just December.
Bill, there was no real tax hedge. I did not see, in stock market. As you see
with you know, real estate. And I could not really tell you what I had my stock
if I have not got a mutual fund, what was I really invested in? I do not know.
You do not really know what you are invested in. And things changed too, like
for instance, with the stretch IRA recently, a lot of my dad's estate planning
hedge on and of course, you know Eddie speed and Martha's speed and their deal
is to stretch that out to the grandkids, now that is gone. You know, the 10
year deal now all happened in two weeks, the last week of just December.
Wow!
Has a lot more control over the market than they do over,
let us say a little, you know, better community, you know, of a cashflowing
rentals. So anyway, I think that might answer your question, but that is kind
of how I went from economics to, you know, Dental school.
let us say a little, you know, better community, you know, of a cashflowing
rentals. So anyway, I think that might answer your question, but that is kind
of how I went from economics to, you know, Dental school.
Well, I am assuming as you are mentoring these young folks
that are getting ready to graduate, the first thing you tell them is you got to
get that debt paid off to saving money and it is not doing you any good. You
have got all this debt hanging, right? The first thing they need to do is get
that money machine cranked up inside that dental practice. Try not to put
yourself in more debt by opening up your own, or are you talking to them about
becoming associates first and make money that way, right?
that are getting ready to graduate, the first thing you tell them is you got to
get that debt paid off to saving money and it is not doing you any good. You
have got all this debt hanging, right? The first thing they need to do is get
that money machine cranked up inside that dental practice. Try not to put
yourself in more debt by opening up your own, or are you talking to them about
becoming associates first and make money that way, right?
That is a great question because 25% of that class will go
into corporate dentistry. Every year, it drops by 7% who will go in to be a
entrepreneurial private dentist that can own the real estate. And so the
dilemma for them is do you want to be a W2 earner for the rest of your life and
have zero say in what you can possibly run through your gray area practice
expense sheet, every CE class, your cell phone, you know. So there is, there
might not be a great idea to not come in and alongside maybe a mentor dentists
like David, his book, the apprentice model. I would agree with him. Find the
dentist that you have noticed that is doing it right, coming in and associate
with that person. Learn how they do it and then maybe buy in, have an equity
share into that practice and then start running some PR, some of your expenses
through all the while I think you could pay off your debt. You can go
corporate, you are W2 earner, you are working like a dog. You have nothing to
say at the end of five years and because truthfully these Dentists get out of
school and they have to service their debt. They have to get life insurance,
disability insurance, car insurance, a car maybe. Place to live, not have a
roommate, maybe they are married and if they got it in, we do not have kids.
So, it just keeps becoming this golden life cuffs, I call them the handcuffs of
life that you can never get out from underneath them unless you can create some
passive income. You know some Robert Allen, you know, multiple streams of
income. Well, it is not just your hands. So, I would always flip it. I kind of
do a, David Horn says, what you always say to Bill is, maybe get a rental
property and have that rental property pay off your student loan.
into corporate dentistry. Every year, it drops by 7% who will go in to be a
entrepreneurial private dentist that can own the real estate. And so the
dilemma for them is do you want to be a W2 earner for the rest of your life and
have zero say in what you can possibly run through your gray area practice
expense sheet, every CE class, your cell phone, you know. So there is, there
might not be a great idea to not come in and alongside maybe a mentor dentists
like David, his book, the apprentice model. I would agree with him. Find the
dentist that you have noticed that is doing it right, coming in and associate
with that person. Learn how they do it and then maybe buy in, have an equity
share into that practice and then start running some PR, some of your expenses
through all the while I think you could pay off your debt. You can go
corporate, you are W2 earner, you are working like a dog. You have nothing to
say at the end of five years and because truthfully these Dentists get out of
school and they have to service their debt. They have to get life insurance,
disability insurance, car insurance, a car maybe. Place to live, not have a
roommate, maybe they are married and if they got it in, we do not have kids.
So, it just keeps becoming this golden life cuffs, I call them the handcuffs of
life that you can never get out from underneath them unless you can create some
passive income. You know some Robert Allen, you know, multiple streams of
income. Well, it is not just your hands. So, I would always flip it. I kind of
do a, David Horn says, what you always say to Bill is, maybe get a rental
property and have that rental property pay off your student loan.
Right.
Well, maybe not that in essence in a buy your car. So,
that is why I tell them, I tell my kids, you know, you want a new car every
year, why do not you buy a rental? And technically, that would be your car loan
payment.
that is why I tell them, I tell my kids, you know, you want a new car every
year, why do not you buy a rental? And technically, that would be your car loan
payment.
Exactly.
So that is what I am seeing more learning from you guys
is, real estate is so much more than just real estate. And the normal person
out there doing it on their own and not using like a service like you guys
provide is not really real estate. It is like they are just throwing darts at a
wall, you know. They are trying to find some house and do it themselves. You
cannot do that.
is, real estate is so much more than just real estate. And the normal person
out there doing it on their own and not using like a service like you guys
provide is not really real estate. It is like they are just throwing darts at a
wall, you know. They are trying to find some house and do it themselves. You
cannot do that.
Right.
So, I think you might have, you guys have for us is
amazing. It is safe and it is actually kind of fun. You can diversify over
several markets in a great market now with you guys.
amazing. It is safe and it is actually kind of fun. You can diversify over
several markets in a great market now with you guys.
Right.
So, to me it is a no brainer and it is just like us at
dental school, you are not going to go do your own feelings, I have held that.
dental school, you are not going to go do your own feelings, I have held that.
He can, he is talented.
I am not that much of a micromanager that I had do it
myself.
myself.
He had forget what he was doing. He is one of those
squirrel guys. Squirrel.
squirrel guys. Squirrel.
So, I would like to get in a little bit more of your
mission work, if you do not mind. How can other people get involved?
mission work, if you do not mind. How can other people get involved?
So, you can always, you know, email me, I can put that in
the notes if you want or you have my email.
the notes if you want or you have my email.
Right?
We also have a couple of a channel charitable foundation
called TransformingFutures.org and we have five board members that are some
amazing people that got me, other people that have done some amazing things in
the business world and, I will not mention what they have done, but they have
done quite well that are able to organize this really cool process where we
have a feeding center. Let us say in Guatemala we fought, we feed 500 kids a
day.
called TransformingFutures.org and we have five board members that are some
amazing people that got me, other people that have done some amazing things in
the business world and, I will not mention what they have done, but they have
done quite well that are able to organize this really cool process where we
have a feeding center. Let us say in Guatemala we fought, we feed 500 kids a
day.
Wow!
And to me that is the greatest thing that I, if I do not
do anything all day to day, if I can, you know, pay my whatever the, you know,
it is not that much money really. And so anyway, so that is something that we
do and it is called TransformingFutures.org. We also partner with a company
called ForeverChangeInternational.org and that is where the orphanage is. But
we kind of marry those two entities and pretty much he contact me, you can come
out on a trip. We like you, we are also organizing a short trips where you can
come and see what we are doing. Like a weekend, maybe a four day weekend trip
where we have a meeting, this Sunday about that our Guatemala organizers in
town this week for a big fundraiser. And so what I like about it is grassroots.
There is really, almost all of the money is going just to feeding people and a
little bit goes to servicing some of the people we have working in Guatemala
and mostly just to try to create, you know, meals that are going to be
nutritious but yet cost-effective.
do anything all day to day, if I can, you know, pay my whatever the, you know,
it is not that much money really. And so anyway, so that is something that we
do and it is called TransformingFutures.org. We also partner with a company
called ForeverChangeInternational.org and that is where the orphanage is. But
we kind of marry those two entities and pretty much he contact me, you can come
out on a trip. We like you, we are also organizing a short trips where you can
come and see what we are doing. Like a weekend, maybe a four day weekend trip
where we have a meeting, this Sunday about that our Guatemala organizers in
town this week for a big fundraiser. And so what I like about it is grassroots.
There is really, almost all of the money is going just to feeding people and a
little bit goes to servicing some of the people we have working in Guatemala
and mostly just to try to create, you know, meals that are going to be
nutritious but yet cost-effective.
Right.
Trying to teach them English because English gives them a
better job. Trying to keep them safe when they come out of their orphanages or
mentorship programs, teaching them job skills. And the one question people ask
is, why do not we do that here in the U.S. Well, we actually do. We have a
homeless clinic in Flint, Michigan, North of us that we do service as well. And
that is cool too. I mean it is sad but it is cool. Would be able to kind of
love on those people. And quite truthfully the homeless population here, about
one third of them maybe are one third are have some drug users but about one
third are just down and out and the way they have come to that part in life and
they have an almost anybody.
better job. Trying to keep them safe when they come out of their orphanages or
mentorship programs, teaching them job skills. And the one question people ask
is, why do not we do that here in the U.S. Well, we actually do. We have a
homeless clinic in Flint, Michigan, North of us that we do service as well. And
that is cool too. I mean it is sad but it is cool. Would be able to kind of
love on those people. And quite truthfully the homeless population here, about
one third of them maybe are one third are have some drug users but about one
third are just down and out and the way they have come to that part in life and
they have an almost anybody.
Yeah!
So anyway, that is kind of the way it probably contacted
me by email or those organizations is probably the way that I recommend that.
me by email or those organizations is probably the way that I recommend that.
Awesome.
Thank you for asking though.
Sure. Well, I will have those listed in the show notes and
then on the YouTube channel we will have links to those. It is great work that
you do and you know, I am always charity wise, I have always just given many up
until recently, I was able to go to Mexico to help build a house and it was
amazing to me because I had not been exposed to that kind of poverty before
anytime I had gone out of the country it was always to a resort. And I either
got there on a boat or I got there on a plane. So, I never got to see it
firsthand. And it really is life changing when you get home and you are, you
know, you have these first world problems, they are not really problems
anymore, they are just annoyances. And I am going to give you a quick example.
And this happened to me a few days ago. I went to a stop by this convenience
store on the way to the gym because I had just enough time, I needed to get a
sports drink before I got into the gym. I had just enough time to get there.
And as I getting out of my car, I am looking into the window of this
convenience store and I see the cashier with her hands on her head, like,
"Oh my gosh! What did I do?" And the lady in front of her was shaking
her head and I went, "Oh great, now I am going to be stuck in this line
because you know, blah blah blah. It is going to take me all this extra
time." That is the first thing in my head. This is going to inconvenience
me another 15 seconds. So I go to get my drink, I am standing in line and then,
you know, I walk up to her when it was my turn and I said, "How is it
going?" And she said, "Well, I have had better days, accidentally
turned on the wrong gas pump and I had to give this lady at my last $10."
And I just, my head just kind of went down and I am going. I was worried about
this extra five minutes. I am standing here in line and I said, "Well, I
hope your day gets better." And I sat in my car and I went grab my wallet.
then on the YouTube channel we will have links to those. It is great work that
you do and you know, I am always charity wise, I have always just given many up
until recently, I was able to go to Mexico to help build a house and it was
amazing to me because I had not been exposed to that kind of poverty before
anytime I had gone out of the country it was always to a resort. And I either
got there on a boat or I got there on a plane. So, I never got to see it
firsthand. And it really is life changing when you get home and you are, you
know, you have these first world problems, they are not really problems
anymore, they are just annoyances. And I am going to give you a quick example.
And this happened to me a few days ago. I went to a stop by this convenience
store on the way to the gym because I had just enough time, I needed to get a
sports drink before I got into the gym. I had just enough time to get there.
And as I getting out of my car, I am looking into the window of this
convenience store and I see the cashier with her hands on her head, like,
"Oh my gosh! What did I do?" And the lady in front of her was shaking
her head and I went, "Oh great, now I am going to be stuck in this line
because you know, blah blah blah. It is going to take me all this extra
time." That is the first thing in my head. This is going to inconvenience
me another 15 seconds. So I go to get my drink, I am standing in line and then,
you know, I walk up to her when it was my turn and I said, "How is it
going?" And she said, "Well, I have had better days, accidentally
turned on the wrong gas pump and I had to give this lady at my last $10."
And I just, my head just kind of went down and I am going. I was worried about
this extra five minutes. I am standing here in line and I said, "Well, I
hope your day gets better." And I sat in my car and I went grab my wallet.
That was God talking to you.
I took two fives out of my wallet, I walked right back in,
I set it on the counter in front of all the people that were lined up and I
went, "Look what I found in the parking lot. Somebody must have lost this
and I am sure it is going to go to the right person." And she was, Joel
just dropped down and that made me feel so much, but I am sure it helped her.
But, those kind of things when you see this firsthand and other countries, it
just changes your whole life perspective. So anyway.
I set it on the counter in front of all the people that were lined up and I
went, "Look what I found in the parking lot. Somebody must have lost this
and I am sure it is going to go to the right person." And she was, Joel
just dropped down and that made me feel so much, but I am sure it helped her.
But, those kind of things when you see this firsthand and other countries, it
just changes your whole life perspective. So anyway.
I just got back from Africa, we are doing some work in
Africa for an orphanage and a hostel that we are building there. And when I got
back this last time, just getting in the shower, I thought, "Wow!" I
have a shower to get into. And then I turned on the water and I thought there
was water coming out of the faucet. And then I thought, and it is warm. It was,
you do not think about, you know, those little things that are just so taken
for granted. You know, for us that there are people even in this country that
do not have the ability to do things like that. And I think it is important
that we all, you know, just keep that at the forefront of our minds in what we
are doing or how, you know, how truly blessed and rich we are. Even the poorest
of poor in our country are still have more than people. A lot of, some of the
other countries that are there but very true.
Africa for an orphanage and a hostel that we are building there. And when I got
back this last time, just getting in the shower, I thought, "Wow!" I
have a shower to get into. And then I turned on the water and I thought there
was water coming out of the faucet. And then I thought, and it is warm. It was,
you do not think about, you know, those little things that are just so taken
for granted. You know, for us that there are people even in this country that
do not have the ability to do things like that. And I think it is important
that we all, you know, just keep that at the forefront of our minds in what we
are doing or how, you know, how truly blessed and rich we are. Even the poorest
of poor in our country are still have more than people. A lot of, some of the
other countries that are there but very true.
Well, they say if you have a house and two cars during the
top 5% of the world in wealth and I feel like we need to be aware of that. I do
not for me when I am in Guatemala, one thing that struck me last time I was
there was the feeding center we have is next to the next one to be Guatemala
dump. You might have heard about it famous, but there will be kids that, there
will be like a eight year old bringing in a three year old. And when you clean
their plates up, when they are leaving there never is there anything left on
any plate. Nothing. Not even, I mean, if they are as clean as you could clean
them. And I think about when I get back here to the U.S., I for me, my thing
was I went to subway and a lady was complaining about an up enough black olive
was on her sandwich and then, you know, this was not a chicken soup and I was
just like, "Oh, my land." You know, my mind just went back to the,
you know, they did not even get a chance to choose what they are going to have.
top 5% of the world in wealth and I feel like we need to be aware of that. I do
not for me when I am in Guatemala, one thing that struck me last time I was
there was the feeding center we have is next to the next one to be Guatemala
dump. You might have heard about it famous, but there will be kids that, there
will be like a eight year old bringing in a three year old. And when you clean
their plates up, when they are leaving there never is there anything left on
any plate. Nothing. Not even, I mean, if they are as clean as you could clean
them. And I think about when I get back here to the U.S., I for me, my thing
was I went to subway and a lady was complaining about an up enough black olive
was on her sandwich and then, you know, this was not a chicken soup and I was
just like, "Oh, my land." You know, my mind just went back to the,
you know, they did not even get a chance to choose what they are going to have.
Right.
Here is what we are having today. Here is your meal, so I
definitely see what you are saying.
definitely see what you are saying.
Yeah!
Well, it is awesome what you guys are doing now.
Yeah! Congratualtions!
Did you have any questions or comments you would like,
because we have been kind of quiet over here. It is hard for him to, for either
one of us to get in a word in edgeways. I feel really sorry for Jonathan.
because we have been kind of quiet over here. It is hard for him to, for either
one of us to get in a word in edgeways. I feel really sorry for Jonathan.
No, I am good. I am enjoying listening to the stories and
very inspirational and I appreciate them.
very inspirational and I appreciate them.
It is.
Excellent! Well Jim, thank you so much for taking the
time. I know you have got the patients probably lined up going supposed to be
yanking one of my feet. That is all right! Take your time.
time. I know you have got the patients probably lined up going supposed to be
yanking one of my feet. That is all right! Take your time.
That is okay. I will hide it in here. Nobody will find me
in here. I just want to just lastly, just thank you guys for helping me out in
my freedom path to financial freedom. You are instrumental in doing that and I
appreciate your integrity and your loyalty and your honesty and your knowledge
and what you are doing in your mission life and your faith life it is something
cool to watch and I appreciate you guys. So, thank you for, I mean, I am
already even beyond on with you guys, so it is my honor to be here. So thank
you.
in here. I just want to just lastly, just thank you guys for helping me out in
my freedom path to financial freedom. You are instrumental in doing that and I
appreciate your integrity and your loyalty and your honesty and your knowledge
and what you are doing in your mission life and your faith life it is something
cool to watch and I appreciate you guys. So, thank you for, I mean, I am
already even beyond on with you guys, so it is my honor to be here. So thank
you.
Thank you. That is so nice.
We appreciate it. Thank you so much.
We feel the same about you.
And I am sure I am going to be seeing you in a couple of
weeks here pretty soon.
weeks here pretty soon.
Yup.
Have a safe trip. Great seeing you.
Enjoy the snow.
Have a wonderful day.
Thank you. Bye!
So, you are welcome. Folks, thank you so much for joining
us. Do not forget to again, the like and share. We are working. Can you find
this Wendy?
us. Do not forget to again, the like and share. We are working. Can you find
this Wendy?
We can be found on CarolinaHardMoney.com.
Yup.
And we will have Jim's information up as well.
Absolutely. And we have some archive videos if you would
like to jump on some of those and they will be either up there or over here or
down there.
like to jump on some of those and they will be either up there or over here or
down there.
Somewhere on the screen.
You will see them pop up at the end of the screen. So,
everyone have a great day till we see you on the next show.
everyone have a great day till we see you on the next show.
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