Taking Delivery of my New Phenom 300E Private Jet | $13,000,000

hey everyone me Kevin here the day has

come we are taking delivery of my own

Phenom 300E I am so excited it is an

awesome jet and I want to show it to you

this behind me is actually a 2015 Phenom

we flew in on this one to come pick up

this one right behind me I'm so excited

this is this is so cool I mean there

there have been a couple days that I've

been really excited to like go pick up

something one of those days was in

December of 2017 I picked up my Tesla

Model X boy that was really exciting but

I'll tell you this oh my gosh I like

this is a new level of uh of freedom to

to travel uh for work we're gonna be

hunting so many wedge deals for house

hack I will say it's a little cold right

now it's 28. I did not dress for this

it's Texas I didn't think it got that

cold here but that's all right let me

show you the plane so this is it this is

the outside of the plane it is a plane

that can be flown single pilot the 300E

is uh the model that's the enhanced

model it's uh the newer model it's got

this really awesome exterior which this

is all painted you can't wrap planes

they have to be painted apparently or at

least I've been told but it's got this

sort of circuit board design to it which

is super cool we're going to keep that

I'm going to tell you about the new tail

number we're going to get which is super

super exciting so I'll have to walk to

the other side of course but uh yeah

these are the wings they look super cool

against the 2021 I was looking at 2010s

I looked at 08 and you could save a

little bit by getting an older plane but

you could tell it's an older plane and

it just wasn't worth the difference

because most of the expenses for having

one of these planes really are the

maintenance the engine hours every hour

that this thing is in the air you're

spending about 100 bucks per engine two

engines that's 200 bucks for an engine

program so most of the expense of a

plane really is owning it uh and the

difference between this plane and a

plane that's maybe three million dollars

less really didn't make that much of a

difference since we were financing it it

made maybe about a an 11 difference once

we considered all of the costs because

you have Pilots anyway you've got the

engine programs you're paying for hourly

anyway the gas is the same everything is

the same so we decided to go for a newer

play and something that we could really

use for a good five to ten years uh

before uh selling it and maybe hopefully

upgrading but anyway uh this is the

current tail number but what I want to

do is I want to put a nice P right there

and then maybe a p right here so we get

our PP up here and then the tail number

that we're registering is uh 69 for PP

and that's because we expect that the

fee by the time we're able to change

this tail number within about six months

we expect the uh fee for the ETF that I

run to drop to about a 69 instead of 77

basis points no guarantees of course but

that's sort of my plan it's oh I think

that'll that'll be really cool but uh

yeah I mean this is just it's so

incredible just looking at this this and

it's like wow it's it's mine it's weird

so let me take you inside one thing that

I really liked about the inside of this

plane is most planes seem to have like

this earlier 2000s or late 2000s beige

leather so it's either like a Light

Beige or a darker beige and then you get

like the uh the wood colors that kind of

remind you of the 90s I'm so excited

about this jet because it's a modern

looking jet it looks awesome let's go

inside so this is the inside and I love

this it's got the bench over here these

are all belted so uh this is It's a

smaller jet I call it a little baby jet

uh it's it's a whole new world for me

it's uh very expensive and I gotta make

sure that I never leave this uh world

right so that's the most dangerous part

is you go into uh jet ownership and you

go big you buy a plane that's too big or

you get an older plane that has

substantially higher costs per hour

because it's older and therefore has

higher maintenance but it's bigger uh

you I think you put yourself into too

much risk so I really wanted to go go

for something that was just right for

the purpose that I needed and that's

this it's got nine seats so we got two

over here

this is so cool by the way look at just

this carbon fiber design over here on

the side I don't I think these pop outs

yeah look at that these pop out and

Embraer the manufacturer of this plane

Brazilian company they um they did this

because when people would come into the

plane they would frequently bump or

their their knees would hit this or

their baggage would hit the side so now

those kind of fold in which is pretty

neat what's also pretty neat is the

design of these seats is awesome really

really cool how they have that separate

uh headpiece right here and one of the

things that I really like that these can

do let me see if I can figure out how to

do it on this one oh yeah look at that

these can really rotate a lot the seeds

so what I'm thinking is when we sort of

have Team meetings I got to figure out

exactly how to do that

there we go we want to kind of be able

to tilt the seats sideways each of them

so we can also chat with the folks who

are sitting in in these seats so that

way they can kind of move their seats up

right and then we could have this sort

of six person in this region here uh

meeting if we've got you know a couple

other people we got a bench over here we

got two pilots but this is this is just

amazing it's so cool uh take a look too

at even just how these windows are done

look how nice this is

you just feels super cool and uh I mean

it looks amazing these seats here come

with these uh tables as well

super nice colors too here this is so

cool so we'll be able to do our our work

and our team meetings in here

oh this is so exciting I I cannot wait

for the deals we're going to be able to

hunt for uh in this and be kind of work

that we're going to be able to do the

team building we're going to be able to

do we're this is cool if you come back

over towards this side I'll move this in

a little bit there we go if you come to

the back what's cool about back here is

you actually have

right here is a little bathroom that is

actually serviceable from the outside so

unlike an RV where you kind of have to

like take the stuff through the cabin

you don't have to do that this lav is

serviceable from the outside and it's

also belted so a ninth person can sit

here

and what's cool it's so cold I don't

even think I can do this uh there we go

this uh this has a door on each side

that uh that we could close off so

someone has privacy of them they want to

go to the bathroom a little sink over

here

I believe there's also

let's see here

I don't know what else do I want to say

oh there's first aid down here fire

extinguishers

uh

that's a little water tank let's go look

at the front together so this is the

front of the plane this is it's off

right now but uh this is so exciting and

it's it's also really weird to think

that I own this like this is my yoke

that's my yoke these are my togas they

say toga that's so that's what I call

them those are the thrusts right this is

really cool I'm so so excited and uh

this is a this is a whole new world and

I can't wait to take you along on this

journey and what what is so exciting

about it is that uh this is this is the

next level of our YouTube channel that

we have all built together I have to

thank you in part uh of course for being

a viewer and the people you've

recommended for being viewers and the

people who have joined the programs on

building your wealth link down below and

use that coupon code or sign up for

Weeble whatever you come here to learn

about real estate or fun mental analysis

of the market or news or whatever

anyone who has watched a channel I I

sincerely owe you a great thanks uh this

is a tool that is an investment into the

future of the channel and the businesses

that we can grow together and I won't

let you down on it so I'm very very

excited about this by the way we're

going to be making a lot of flights to

find the best areas to invest in in real

estate and if you want to learn what I'm

looking for with me in person where

basically you come visit me at Oxnard

California at 11 A.M we're going to go

fly somewhere myself the team and our

Pilots we're going to go look at real

estate you can hang out talk to me all

day long we'll go get dinner together

and when we come back and land it'll

probably be somewhere around eight

o'clock and you'll have had a chance to

come fly with me in this very new plane

so if that is of interest to you check

out the link Down Below in the

description so this is kind of cool we

get a little curtain here to separate

off the pilots but honestly we probably

won't ever use that because once we have

staff Pilots we want them to be part of

our company we want them to be part of

everything that we're doing whether

we're flying or not so we're very very

excited for them to be part of the

businesses as well so over here you kind

of have a refreshment Center you can

throw some drinks up here you've got

drawers with snacks so that's really

nice D the owner the owner coolest guy

ever left us some of his snacks look

like looks like we had a cashews and M

M's over here you could have a a hot pod

over here this is basically where you

could put pre-made coffee in and you

slide it in here and then you could fill

up your coffee on the go it also keeps

it warm for you getting a real coffee

make in here would be a little expensive

but it is possible cooling drawer over

here for cooled chilled Waters got some

more drawers down over here and uh leave

one of these as trash yep there's a

little trash can as well now another

thing that's pretty cool is right here

you have this little drawer under the

seat and I call this the gun storage

drawer look at that it's just perfect

for guns and ammo because guess what

there ain't no Tina saying

what do you think Dad

amazing that's amazing it's crazy thank

you so over here we have uh Power and a

USB plug

but what's neat is the other plane the

2015 only had one here in the middle and

this plane actually has one outlet for

each seat so every seat gets a dedicated

Outlet which is kind of cool

a little storage over here for I don't

know what uh oh I know alcohol of course

yep there you go salt see one of the

things you have to remember is you can't

get a DUI on a plane

I just don't fly I don't know why but

technically this seat is uh is like the

main passenger seat so this seat usually

has some fancy additional controls for

the plane now I haven't done this yet

but let's go find out so right here

yes it does

it has uh not only a little phone and

with this phone I can talk to the pilots

or I could also make a satellite phone

call if I needed to so this is sort of

like your executive seat right but I

also have this it shows me you will

arrive in 59 minutes okay but now what

we're also going to do is

I can play with the lights oh there are

a bunch of presets here that's cool

reading lights

I'm pretty sure I can change the color

um

oh here we go

all right wait for it color temp to warm

oh yeah look at that it's like you got

Phillips Hue on a plane except I only

have two settings well I have I have

white

bluish and then the orange

we'll stick with the six thousand

this thing oh

oh my gosh it's fast this one's faster

[Music]

oh

oh that's the E baby

uh so that is actually something I was

reading on on the papers but I didn't

think it was real but like I didn't

think I would notice a difference is

what I mean I knew it was real it's on

the papers but e is enhanced and it has

stronger engines a faster flight speed

shorter takeoff distance because it has

so much more thrust on takeoff that it's

actually slightly more fuel efficient

than the non-e version the older version

dude that takeoff was like instant oh

that's so cool so if I do

this

and then this

[Music]

yes vertical

nice

this is another new feature on the newer

plane here

oh that's really nice

wow wow that's nice look at that dad

because the other one didn't have this

oh it's on a little gimbal or a little

axle at least too but yeah it shows us

here we go flying to Tulsa 50 minutes

it's like

oh that's cool

[Music]

uh I don't know it's a good question and

so it looks like here we can do video

so we'd have to put some kind of source

in

uh which looks like we got HDMI Blu-Ray

media

Bluetooth oh I want to try that I don't

think I've ever Bluetooth down to a

plane

my phenom

okay I'll try

wow there it is I'm connected no way

there we go we got Aerosmith now on the

plane oh so we we can see the speed here

too

oh yeah I wonder if we can change that

to miles there we go

378. check out this this is pretty cool

too when you go to put the table away on

the last one you had to open the lid

yourself but with this one when you just

lift this it senses that you're lifting

this and it lifts that for you

automatically look at that

let's do that one more time there we go

boom

that's pretty cool

you know what they say

new is nice this is pretty nice it's not

bad

yeah the only problem is when you change

elevations or you're still climbing and

you open this this stuff goes sliding so

my dad's like we gotta put something

here like a little matted mat

and it comes with life vests under our

seat yeah

see pull tab

I don't ever want to pull it

so now we gotta talk numbers here's the

thing about a plane planes are expensive

the only reason it would ever make sense

to own your own plane is if you were

flying three to 500 hours a year

generally people say the average that

you should fly in a year to actually

justify owning a plane unless you're so

wealthy that you're just throwing money

away and you just want a jet to have it

for whatever you want it for a business

person you should be flying at least 400

hours a year so if I do an average of 90

minute one-way trip that would be about

a three hour flight that would mean I

really need to be taken somewhere around

130 125 flights which is probably

somewhere around two to three times a

week I gotta fly somewhere which could

be parts of Arizona it could be Utah it

could be uh Salt Lake Portland you name

it but we're gonna find wedge deals and

that's the whole purpose of this jet is

I want to be able to make sure that I

can operate a media business while

operating a real estate investing

business and I'm the one making the buys

I see all the properties so some more

numbers to know is the variable costs on

this plane are somewhere between a

thousand fifteen hundred bucks an hour

the fixed costs on the plane that would

be like the loan for the plane the

pilots the hangar the insurance the

maintenance and the non-variable costs

are somewhere between

2500 to 3 500 an hour depending on how

many hours you fly five more hours the

per hour cost comes down but I would say

if you go with somewhere around

in total forty five hundred to five

thousand dollars a flight hour that'll

give you an idea of how much it costs to

operate this plane assuming you fly for

about 400 hours a year so that at least

that's roughly what we're budgeting so

I'll let you know after a year how it

went but I'm really excited

it's expensive and we're gonna have to

put a lot of money into it but it's

going to be wildly worth it especially

with what we're able to do with house

hacks so we're more than excited so

there you have it I am totally honored

honored honored to own this jet I am

going to show the world how we are going

to use this to grow our businesses and I

want to share it all with you it's so

exciting it's also kind of somewhat

scary because it's like this is big man

it's a jet it's so cool though anyway

I'm freezing so I'm gonna go inside

that's free

welcome to my first flight