The Truth about Ben Mallah.

meet ben mollom his life is for sale and

we're gonna go look at some real estate

for one quarter of a billion dollars

walk away for a quarter of a billion

dollars

she owns multiple private jets a house

that most would call a resort on the

beaches of florida with a giant lazy

river that's powered by jets so you

don't have to kick you just float

[Music]

very simple modest home really when you

think about it there's also a car

collection which starts with a his and

hers garage

this garage here these three spaces in

this garage belongs to my wife my side

garage is over there rolls royce dawn

convertible

x7 m50i

rolls-royce

v12

phantom e wb

extended wheelbase has a sticker price

of over six hundred thousand dollars

and uh comes with curtains

here we have my work car this is the

going out car this is my everyday work

car this is a beautiful 2000 i think 18

bentley mulsanne

rf1 lt

these happen to be made in germany by

named after you re

wacko big numbers so this

here will tear down the road and go

right in the water and turns into a

giant jet ski and then there's what made

ben an over 200 million dollar real

estate empire and today we get to meet

ben

[Music]

i'm gonna go look at some real estate

not the typical real estate we look at

so get ready there's something you need

to know about ben mahler and it's that

if you want him to listen to you

sometimes you just have to yell right

back at him six hundred dollars you

could have done the bathroom and you

would bring this this is what somebody's

gonna do i'm trying to tell you

so then we go to yankee town on ben

mala's dixie cup plane get it cause it

looks like a dixie cup it's about a four

million dollar twenty year old plane and

ben bala has some advice on how to pay

for things like planes versus how you

pay for things like real estate real

estate makes you money pay when you

spend money you want partners when

you're making money you don't want no

partners so you keep it all yourself so

then we go to yankee town which is where

ben's buddy frank is considering

speculating on a land and marina deal to

maybe build a resort and attract people

to

yankee town

who's your typical customer

typical well the typical customer would

be someone moving from california

which ben mahler tells us are not the

kind of people to want to jet in

are you judging the quality of playing

in terms of what kind of customers here

yes

i checking out the money go where you

see the money but i don't know you know

you got to look at every aspect of it

so far uh we landed a jet here that's a

good sign

you're the only jack people in well got

to start somewhere look what was vegas

before you built it there you go

will you build it and they come

are you into taking that kind of risk

because what if the people don't come

i'm not into that taking a kind of risk

uh no but i mean you know

i'm familiar with the area somewhat then

uh the kind of people who are looking to

come here aren't going to be finding on

jets they're going to be coming in rvs

and why build a hotel room to rent it

out for a hundred dollars a night when

you could rent out an rv pad for a

hundred dollars a night well then we get

to yankee town and we learn a lot more

about yankee town first when we land

frank asks the locals by telling him

that he's an investor

and asking hey should i invest here

should i bring my dollars to your town

and guess what they had to say what i'm

trying to find out is why would we you

being the leader here why would we move

here what what and and start business

here why wouldn't you

so

this is the fastest one of the fastest

growing places in the state of florida i

like to play this strategy a little bit

different and when we went to a

restaurant with the mayor and the

mayor's assistant i talked to the wait

staff before they even knew i was with

the same party because i walked in late

because i was filming a youtube video

for you

better like the videos

anyway

i walked in late they didn't know i was

with him so i sat down at the bar acted

like i was part of a different party and

briefly asked some of the employees hey

you know i'm a little bored what's there

to do around here what do people do for

fun and they said well

most people leave

that is there's not much to do here

other than there's an observatory tower

over there some people go camping not

much entertainment but we do have

half-priced appetizers between three and

six

oh okay so anyway the truth comes out

when people don't know what you're

really up to

you know i like the idea of cash flow

but i will say i do also like the idea

of appreciation

and i don't know how much of that we're

going to have

in

in areas that could at some point in the

future be

not so profitable anymore you can see

what happens is sometimes and i think we

frequently forget this because

national real estate prices have only

been going straight up right but once

you get into down markets you get into

recessionary times you do actually get

towns that go bankrupt and they

disappear right towns can go bankrupt

remember that i have found my home

the flip flop repair shop it's so

peaceful here

very relaxing but that's because

nobody's here yeah but it's nature is

here

this is called the name make a great

cemetery

okay so i have absolutely no idea where

we are right now but we're at some kind

of marina i think it's like a yankee

marina or something like that next to

this wichila hoochie river which the

speculation appears to be that maybe you

could turn this into some kind of

destination where people would

come for airbnbs and

boat charters and rentals and such i

mean this is a call option is what this

is this is a call option that expires in

three years that is if you buy this and

then in three years you have not

managed to

uh attract customers here

your call option loses money now you

still have some base value but you're

gonna lose a lot of probably your

investment unless of course the area

around it appreciates and uh you know

for some reason uh other aspects end up

going your way but but then that's

that's luck

if it's a nice place they'll come

if you have nice pads you gotta have

nice hookups you have a decent clubhouse

you're gonna have to have a swimming

pool so you have to have nice dogs you'd

have to put everything in because i mean

like if somebody wanted to come here and

do wave running rentals or jet ski you

know whatever you know air boat rentals

you'd have to have all that

infrastructure in here i don't think you

have that here you have nothing here

you've got nothing yeah towards the end

of our lunch with the mayor the mayor's

assistant i asked hey tell me a little

bit about the development history around

here because i don't see much about it

and that's when the truth started coming

out we learned about a 2008 development

war where the local attorneys wrote a

plan to restrict people like frank from

coming in and doing anything and maybe

that's why the population's plummeting

because apparently 85 percent of the

locals are against changing the

character of yankee town and that we

should review the comprehensive plan on

the town's website which during our

drive back to the airport is exactly

what i did that's when i found out that

yankee town's got a 27 poverty rate a

population of under 600 that has

actually fallen from about 580 to about

504 as of the last count in just the

last few years so people are leaving not

coming this makes

well yankee town in my opinion

pure speculation and take a listen to

what i told ben mala which for me was

the nail in the coffin about my findings

of what was on that town website and

that over 500 page comprehensive plan

all right so uh another thing i learned

is uh well the mayor talking about 85

percent of people being against

development there which was the opposite

of the 85 pro development texas

and then then i went and actually read

his plan

the county plan and

and through the entire thing they talk

about how historical and picturesque it

is then they talk about how the only way

will prevent new development is if our

systems can support it and then they go

into about 17 different sections talking

about how our sewers can't support new

development our water systems can't

support new development our schools

can't support it nothing can support new

development so they got this 400 page

400 page document to basically give you

a big middle finger for development hey

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out

so the next day we decided to talk about

something i'm more familiar with and

that's not speculating on land it's

getting into single-family real estate

now ben did a great thing he bought a

property right

but how's he trying to sell it and who's

right about this renovation or are we

both right because i have some different

opinions about the style that ben chose

to either leave or change compared to

what i would suggest

but the luxury housing market is falling

off a cliff especially in florida so is

this the time for ben to cut and run

what do you think this house has 12 000

mol

mol you'll see that a lot real estate

terms it means

more

or less because it's really hard to

exactly measure a house of this

magnitude of this size plus you got out

buildings you got a bathroom over there

uh you know uh extra room here you know

so it's mol 12 000 square feet

and there you go and we're gonna put it

on the market when it's ready

for 12 million dollars why

because 12 000 square feet

a thousand bucks a square foot for this

is 12 million dollars it's simple math

probably right hand one

i'm gonna get this thing on the market

we already put a a test sign out there

telling people it's coming available

as soon as the pool's done and matt

finishes the goddamn list i've gave him

for the past three months and the

landscaper finishes the baby's going to

the market

perfect so tomorrow

and you

know plenty of people in california in

california

this wouldn't buy you a house one tenth

to size

did you put in the led lights in the

court no

so what was wrong with you i painted the

poles very dirty

so uh why didn't you glaze this i didn't

want to know what glaze this man what do

you mean

what does that mean well this is like

90s pink tile it's boring glaze you'd

never glaze tile you talked about like

epoxy over it yeah they spray painted it

yeah epoxy we do it on pockets it's

great and guess what happens the grout

lines disappear too it's really good but

like you know what's gonna happen is

this

i like a lot of cushion if somebody

comes in the air and the wife goes i

don't like the bathroom in the pool area

yeah how much yeah all right 20 grand

done take it off the price yeah or you

spent 600 now don't have that 20 grand

conversation what are you doing tomorrow

i'm not painting this

mark it down get a bid on uh

you talk about just painting white whole

white white now just white it out a

little epoxy whatever put a nice shower

head on come on man this is like 99

cents you got off 99. you got that at

the dollar store

that was old yeah i know put down a new

shower no he's right these are the

things that are going to trick this

house out you need shower head get a

price on spraying this thing in whitey

things right stuff the stuff people see

like you don't have toilet bolts on this

toilet the bolt caps you see that's

nasty man yeah this on this side it's

like black and gross you know it's that

little stuff uh you know i don't even

see the boat

i know

this is the nitpicking stuff we need to

do now because we did all the major work

now we're going to get some finicky ass

person like him in here that's going to

tell us all a little detail like like

the screws ben they got to be straight

old washer dryer but what are you gonna

do

what this should be semi-gloss ben

they're using they're not actually

they're using uh they're using a matte

paint that's why you're getting

fingerprints on that or it's exposed to

the weather so you're 100 right and all

right tell me another thing don't tell

matt not mad matt ray tell ray it looks

like there's a low sheen on it

but tell me we want high gloss

well protect the weather yes uh ten

bucks man box hinges hinges

clean them up yeah cleaning

what he does he he stands them or some

or whatever steel wool the hinges

on the bathroom door need have neil fix

these things like it did in the house

your painter painted the bose speaker

thing shut those schmoes look at this

baby

oh

brand new green egg baby couldn't fit a

bigger one see but the problem is it's

personal property it's technically not

it's an extra

how much this thing cost

six hundred dollars you could have done

the bathroom

do both

when you're dealing with millions this

is penny any you want a cushion on

these deals so when they start bitching

you have something to give them that's

when you give them the green egg

i'm also not buying it with this 90s

kitchen what are you doing spending all

that money

you don't get the whole concept here

i don't get the car this is a 90s house

this is somebody who loved the

90s

all right this is the 90s you could buy

a new house you could buy an old house

but can you buy a preserved 90s house

i'm thinking to put a disco ball

in there that's 80s

nobody wants the 90s

what year were you born 92 that explains

it that's why you keep wanting to kick

me out and get rid of me

look at this 90s baby you did nothing in

here not my 90s

what are you doing man all right you

know what you could do here

but you want a lot or i could give a

credit

come on oh i don't like that kids

how much 100 grand could you spend a

hundred grand make your schedule really

look nice i can make this kitchen all

right so now give me your drink

i'll give them a hundred thousand dollar

discount if they don't like the

kitchen see this is that's the way i do

yeah you throw away a hundred when

you could spend four and keep the

hundred seasons we've got time for that

i'm trying to get my projects

outside the materials the

the gc's or whatever like the workers i

ain't got time for that

first you always try to split it without

doing the work if you can and still make

a profit if that doesn't work now you

could be right yeah i might show this

house 20 buck at times and nobody likes

it because it's outdated then you know

what i'm going to say

get in there and date it up but

i'm gonna test the water first but then

you've ruined your because if i test the

water i get that property who

won the next year maybe but then you've

ruined the the first impression people

see oh it's back in the market he just

put a little more lipstick on it it

kills it that's the market we're in it

kills it the market's about to change

look bet here's what you do all right

we'll take it we'll relax a little bit

okay here's what you got to do let's

relax let's go it's not much there are a

few things you could do that take it to

the next level but the first thing you

got to do these are good cabinets

they're really good very good cabinets

okay but they look like because

this is an old college change of

hardware nobody wants these cabinets so

what are you going to do

you're going to paint them there you go

you prime them with a wood non-sand

primer maybe a quick little rub down

everybody likes a quick little rub down

and then you paint them probably if

you're going to keep this stone you go

white

or you change this to like a sparkly

white quartz and you paint them great

and now you've got a modern 2020s

kitchen

probably talking about the hardware well

all that gold shit's got to go i mean

that was understood gold is coming back

you see the price of gold

no it's been flat uh and this this

this is not the kind of gold people want

don't let him don't let him look at the

inside refrigerator i'll let you feel

yourself around let's see let's get to

meet kevin tour i'm just shocked you are

spending so much money outside and you

didn't do that

your reference is oh we want the woman

to be happy and yet you dropped the ball

here man new faucet baby

look at it has a gun look at that that

is the right color but who installed

this

tell neil titanforce

oh ben did you know the lesson on these

the what the lesson the lesson the

lesson uh yeah don't ever try to

save it the guy trusts me a fortune

putting them all back together what's up

you don't use this to open and close it

you know it's what do you do

yeah you finger it like that yeah you

like to bring your stuff

well you know why because your staples

come out you've actually got this one

that's something people like to grab the

stick and some people like to use them

no look at this this this staple is your

finger guys some of the other guys are

stick men

this is the button i can't believe you

kept this crap oh my god don't

with it it's antique i'm

fondling it i looked him up you know how

much he paid for those back in the 90s

he paid hundreds of dollars for they're

trash those happen to be special knobs

hand crafted in gold in saudi arabia

yeah i want some chinese quick sets here

right now

[Laughter]

he painted his hair red and

green once too he's got a paint fetish

maybe she goes painting body paints

we call them spray tans hey but paint is

more colorful

advisor decorator you want to come in

here you want to get all the gold out

off the doors or the showers or

everything change all these lights out

he wanted to go to town and then he

handed me the estimate i said

let's try it without it

no that's big money these days for good

lighting and good hardware you can't go

quick setting a million dollar

mansion yeah you came one of your

renaults just fine even i know that and

i like

i don't know what's the other expensive

one i don't know whatever so far it was

about oh it was hundreds of thousand

dollars every how many lights and

doorknobs are in this house and

hinges the list was enormous it was

hundreds i'm telling he gets the

cheapest around okay look so it's

12 000 square feet it's not a rental

plus it's a high yeah but there's a lot

of so it's about six 2 000 square

foot homes my electrical budget for this

would be 30 grand

the lights these lights and the hardware

30 grand and that's a lot that's a lot i

beg to differ i will save money on that

let me guess you fixed yourself

did you fix the central vac it works

okay all right we're gonna suck you up

we could play with it if you like later

yeah

it's a florida mansion it's not

california i know how do i turn this

it's a florida mansion uh they have a

switch on we already checked into it i

just want to turn them on

i can't see it come on critique it's

cracking what is this crap paint and

it's not that hard

but write these down so i don't have to

worry about nitpicking myself he's doing

it for me so i'm getting a free

inspection here

all right go for it change this freaking

hardware man

something that in my opinion would bring

this this is what it's gonna be i'm

trying to tell you

he talks more than i do

when i catch a

the crown molding's beautiful but it's

the wrong color

it needs to be ultra pure white because

what they did is they painted it almost

to blend in with the wall you're losing

the contrast that sparkle you could have

even look at the baseboard see how much

more of a baseboard contrast here

between the wall and the base

it's better than this because here the

crown disappears you don't even see the

crown because there's no contrast paint

it

you're worried about a hundred grand on

light pictures and stuff which is a off

anyway then we could be doing little

things like that then we got to stop

painting around the doors

right you pay people forward i should

paint all the crown and all the molding

around the windows throughout all these

windows

white it out go all the way with

shiny bright white is that what you want

yes

you're right

i mean i know you're right

it would brighten it up it would make it

stand out more

that's what i'm saying that's you need

her to come in here and pick out the

light fixtures cheap you don't spend 100

grand on this stuff you get them on

amazon or lowe's cheap you know what you

need you need the titty lights the boob

lights you know those no okay they're 36

bucks for a pack of two packers two

boobs yeah two boobs for 36 bucks that's

cheap in california man look this in the

hallways yeah you can't do this in the

hallway that's pretty

i'm just saying that's dirty style

that's been worn out

every apartment has um

you know

did some she did something similar

upstairs you're worried about that we'll

show you he's worried about the bronze

31 light fixture that'll class it up and

you're not even painting the kitchen

cabinets this is crooked look at that

wait you missed the room that's all i'll

come back let's see look at that they

painted it and crooked

now making it special stop opening the

blinds you're letting the sun in yeah

that means i have to run the ac that's

going to cost an extra 25 dollars a

month

look at your windows getting wrecked

you're not supposed to open these yeah

probably stained no this this is done

this one all right new glass no no no no

you know what you do what you don't do

this now you do that in the inspection

you do the kitchen now and when they

come because i guarantee you they

will that they want 30 new windows in

this house for 30 grand

that's when you give it to them and then

you close the deal duly noted

the mirror is crooked do you guys have

levels in florida we're kind of weird we

don't see straight

clear my guy's got one crooked

eye off a god that does all my work

all right come join us for a ride oh no

look at this

look at the little lights there open air

elevator

the wall paint sucks man it's just it's

the crown it's pink dude the crown

molding's pink that you don't have to

change much else rugs paint what do i

say what i say in every single one of my

videos every single one was paint and

carpet what's been doing none of that he

hasn't taken my courses that's it he

hasn't taken my courses

i just put these in these weren't here

this is empty put the shower glass here

i had to match the goal because

otherwise i changed all the

fixtures that's what i'm saying

i can't believe it and you didn't even

do the new brass you did the old brass

we had to max the old brass

all right he's he's reverse flipping it

he's going into a flip and dating and

more i'm so stressed out walking through

this damn house with this guy over here

and now

i'm trying to relax in this rolls royce

but it's not enough so we got to take it

up a level

open this up you pull this pack take two

fingers two okay two

open this out comes your bottle

and you drink hey so in case you're

wondering one of the ways that we're

able to afford traveling or visiting ben

mall or whatever everything comes down

to real estate first everyone should be

focused on getting to millionaire status

via real estate first the fannie loans

the freddie loans they make it so easy

for you to leverage your wealth in a

safe way especially if you're buying

real estate that can build your wealth

so much faster than you can in the stock

market if we put our money into the

stock market when we were 18 19 years

old the money that we had saved up sure

we may have tripled it through up to the

pandemic and even after the pandemic

maybe we would have even gotten to a 4x

we would have taken 20 000 to maybe

sixty to eighty thousand dollars but

over that same time frame

by buying real estate we were able to

turn twenty thousand dollars into over

three hundred fifty thousand dollars in

just one house which is a 15x and we

were able to repeat that process with

multiple other homes becoming

millionaires through real estate so if

you want to learn about investing in

real estate make sure to do so via the

programs on building your wealth down

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investing course it's zero to

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everything you need to know for getting

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for do-it-yourself property management

and rental renovations so that way you

have a guide for exactly the kind of

products that we like to use and we

continue to update that so that way you

regularly get new products as changes

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really important we've also got a

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into these programs so any course member

will get these if you join the zero to

millionaire program we'll even analyze

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deal once you get a deal into escrow for

you you just post it after you get into

escrow folks we look forward to having

you and let's get back to the video just

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the way to ben mala's peer we stopped at

one of his strip malls and i asked him

about what he has to do to which of

course he said nothing then i asked him

what about vacancy and we found somebody

who could have potentially been a

prospect who happened to just drive by

because they really liked ben's car and

we asked her hey what would it take for

you to move your jewelry store into the

strip mall would you consider it what do

you think about the plaza how do you

like this plaza what do you think about

it and she promptly said you don't like

this one i i don't think it's safe halo

one to ten the plaza two three uh five

to which of course ben mala had some

choice words the only reason why even

driving through here is cause it's a

shortcut to the trailer park

behind my shopping center look she's

turned in there she's turned in here and

she's going right in a trailer

take your ass off my property buttons

over here

it closes the blinds

to the side and back but see i don't

mind the side and back because i can

look outside and see pretty things

i can't block this site then we went to

ben mallis pier and the most important

question i have is hey ben how much do

you actually have to do to maintain this

pier and get rent from your tenants how

much uh how much work do you have to do

here nothing

the tenants take care of everything

tenants take care of the spaces we take

care of

keeping the place clean and run the

parking garage and keep it touched up

and that's it we do nothing

and how much uh how much are you

clearing from this place none of your br

business it's seasonal you know and uh

so he's losing money

i never lost money in my life okay what

about those bonds how about those bonds

except the freaking stock market

anything i control is gonna make money

you know why because i'm in control i

can touch it i can feel it i can make

this work and make money

like that 90s kitchen

you'll see you will probably get i think

you bought it well

trust me i bought it well yeah and i got

a lot of fat in the deal because i got a

lot of fat baby a lot of meat on the

bone bad guys do fat deals

i also asked him about a tenant who

takes friday's off and what his opinion

was on that if this person ever had

trouble paying their rent i'd say wait a

minute today's friday your store's

closed that's why you can't pay your

rent in the same place we ran into an

employee of one of the retail stores and

there were a couple things this employee

could do to potentially change their

lives they were by the way subscribers

of both ben and myself what do you think

you should do

he's living in a shed his grandmother's

backyard no bad way to save money

it is a good way to save money actually

man how old are you i'm 22. what do you

do i work at dd collectibles

next door yeah oh that's lieutenant yep

great how about get your real estate

license

[Music]

to make money

because you can go out and you can keep

your job and you can still you know try

to do real estate yeah you know with

that haircut you'll attract all the

millennials and all that you know

and but do it like tonight order the

stuff online and start like reading the

or whatever

no you're studying for a test yeah that

you're gonna not use any of that crap

for like in real real estate that's not

real real estate that's test real estate

so past that crap with flash cards done

the only issue is i have to get

my ged because i didn't go through high

school by the way let me tell you

something matt how long did it take you

to get ged

uh

two and a half months from the time i

started to the end oh wow

and you could have done it sooner

but the good news for this employee is a

couple check boxes ged real estate

license they could transform their lives

we also learned a bit about the

difference between the subscribers who

watch meet kevin and the subscribers who

watch ben mala

hey does she have septic there

no she doesn't thank god oh i mean look

at this

now what

my audience is older than yours

that's because i give real info

listen to this so i've got

69

between 25 and 44. you have 61.

you have 10 between 45 and 54. i'm at

13.6 only because you got a lot more

viewers than me between 18 and four

no this isn't you got two five times

there's something that has nothing to do

with how many viewers

it's a percentage ben think about it

all right

18 to 24 you're at 20

18 to 24. i'm only at 99. 9.7

that's fake news

but now we got to talk about the fact

that self-employment isn't for everyone

see ben malo started running duck tours

and that didn't lead to a very

happy competitor at the same area and

then post all the time frames

stupid duck boat right from my website

or for my brochure you know

and by the way if you're gonna run boat

tours why the hell would you get a duck

boat you know how many things those

people killed in the last year

and are you gonna this is what you call

a hater

he doesn't realize competition breeds

business for everybody are we fishing on

the boat no

does it does boats go on the road no

you're blocking traffic mr

cop get him arrested get him out of here

big problem i have with duck boats is

all the road pollution man now you're

riding a brake duster

mayor you're gonna kill people

you're gonna

watch

and so what were you saying these places

were vacant for what how long and which

since they were built they sat empty for

probably 15 to 20 years

dead space never rented all set up to be

retail stores retail stores don't do

good on the second floor

people like walking track well you know

in new york and may but not in florida

so basically we took every store and we

made it into a room

30 grand a room

we built out 10 hotel rooms investment

for 300 000

so basically we invested 300 grand we

built out 10 rooms these rooms are now

worth at least minimum 250 grand each

based on the income they provide as

hotel rooms

250

times

10 is a 2 million 5

for a 300 000 investment how much are

you getting per night

it averages by the season anywhere from

probably a buck 50 to 250.

this is a hot spot put you right here on

a boardwalk and uh over the course of a

year i have to look at the numbers

but these rooms are probably bringing in

at least a few grand each a month

minimum so now you've met ben muller the

quarter of a billionaire and his life is

for sale the really neat thing about ben

maloz it shows you

that anybody can do it because if he can

do it you can do it too damn it

no but seriously folks ben is an amazing

person and it really goes to show that

you can make it happen if you put your

efforts into investing in real estate

and there are many ways to slice the

apple that's what's beautiful about real

estate you want to do triple net real

estate you want to do single family

wedges you want to do multi-families

house hacks flips whatever there's so

many things you can learn in the real

estate community and it's a wonderful

community and you need to follow ben

molish so go to ben mala's channel right

now and make sure to follow him and

subscribe hey by the way if you want to

watch a podcast between myself and ben

there are two there's a one that we're

going to link down below of me in the

spa with ben learning about how he went

from where he was to where he is now and

then a second one of myself on his

channel where we live stream q a

your

questions and give you our answers check

it out link down below

all right folks it's time to go house

hunting over here with ben you hurry the

hell up already getting a car

you know me the time for all this

let's go make some money