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This AI *JUST MADE* $500,000 in 4 Minutes [USE THIS]

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In this video, I'm going to show you how

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I'm using an app to snipe $500,000

0:05

of value by scrolling. I'd rather scroll

0:08

on that than on Tik Tok. But first, I'm

0:11

going to show you exactly the worst kind

0:13

of property to buy just as a freebie in

0:16

this video because I like educating.

0:18

Don't buy this kind of real estate. Now,

0:20

why would I tell you to do that? Is it

0:22

to bag on this listing? No, not at all.

0:24

It's just to educate you on what's not

0:27

normal. And yet sometimes people still

0:30

buy or even build this kind of real

0:32

estate. And I just don't get it. First

0:34

red flag if you're ever going to buy a

0:36

house, be careful when people label it

0:38

literally a compound. The compound can

0:41

act as a distinctive single family

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alternative. Hm. With four bedrooms and

0:46

four baths and three additional studios

0:49

with powder rooms or operate as an

0:51

income property. Well, why don't you all

0:53

just pick one? because now you're

0:56

presenting it as a single family for who

0:58

needs a four-bedroom, four bath house

1:01

with three guest units. But then let's

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talk about this. First of all, why do we

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have commercial clearance style bars?

1:10

Who box overhangs a property like this

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anyway in the first place? And if you're

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going to spend this much money designing

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a 7bedroom, 7 bath quote unquote

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compound, why are you using chicken wire

1:23

fence? I don't know. I guess technically

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it's chain link, not chicken wire. I

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know. But still, sometimes

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I just get confused why people make

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these mistakes. And the problem is

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people end up getting suckered into

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buying stuff like this and then they

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wonder why they can't turn around and

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resell it. Now, we might think, okay,

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come on, Kevin. It is kind of cool.

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Maybe it's like forward thinking or uh,

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you know, contemporary.

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Well, I don't know how contemporary

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aluminum framing is with literally what

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appears and I don't know, but what

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appears to be greenhouse style plastic

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or siding here. That's it. No

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insulation. Now, in fairness, Ventura

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climate, maybe you don't need it. They

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literally got the building plans as part

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of their staging right here. That's

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pretty funny. But anyway, I don't know

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how I feel about this from an insulation

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or noise point of view or a

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functionality point of view. you want to

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hang something on your um what is this

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greenhouse uh uh you know cardboard

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wall, it probably ain't going to last. I

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mean, at least you won't have to use a

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stud finder. But I can tell you there's

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probably

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not a it's probably not a surprise why

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they have a fan right here given that

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they probably have essentially zero

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insulation here. Anyway, I don't

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understand why people do this. But the

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good news is you don't have to get upset

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about a funky powder room kind of

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bathroom like that or a funky master

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bedroom partition with more greenhouse

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wall paneling or portals on your front

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door that nobody can look through other

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than somebody who's tall enough, I

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guess, to look through it. So, forget

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about children or shorter people. Or, I

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hate to say it, a backsplash that is now

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larger than your actual countertop. The

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good news is you don't have to worry

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about that because instead we're going

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to talk about sniping net worth. And

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I'll tell you this kind of property to

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me, this is how to lose net worth. Just

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my opinion. But this photographer, poor

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photographer, bless their soul, they

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literally had to stand under the water

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heater to get this picture. And not only

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that, but if the red flags weren't

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obvious enough for this puppy, the GFCI

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is literally tripped. Or at least it

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appears it's tripped. All right. Anyway,

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enough of that. First things first,

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though, don't buy abnormal stuff. You

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can buy tracked homes that are older and

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have character, but as soon as you go

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buy something that's super unique like

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this, it becomes really hard to sell

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real estate. And that's what noobs do.

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Noobs go in and they're like, "Well, I

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want it cuz it's cool." And a pro says,

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"What's going to be easy for me to

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actually sell if I need to? What if

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something happens with my family or

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whatever and I need to flip this puppy?

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Uh-uh. That's not what I want. So, a few

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lessons in there. Buy normal. Buy

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something liquid. Stay away from funky

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custom junk that I don't even know if

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they fully thought through. I I don't

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even know how you get permits for that

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with I just don't get it. I'm going to

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leave it at that. Maybe I'm just broadly

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missing something. But for now, we got

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to get to the juice of the video, which

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is how do we snipe something like

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$500,000?

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That seems absolutely ridiculous,

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especially by scrolling on something

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like a Tik Tok style tool. Well, that's

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what we're building. And I'm not here to

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shill it. I'm actually just here to show

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you how in the future you'll be able to

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use this. Well, actually, we released

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the app within about 24 hours. So,

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within about 24 hours, you'll be able to

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use it. And I want to show you this.

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Take a look at this. You go in here, you

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pick a zip code. So, why don't we go

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ahead and pick a zip code? I did this

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literally yesterday and I typed in

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Thousand Oaks. You could type in a zip

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code or you could type in a city. I type

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in Thousand Oaks. I'm like, "Ah, let me

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see if there are any good deals in

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Thousand Oaks." So, I just go ahead and

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click on Thousand Oaks zip codes and

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like, "All right, I get these little

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banners here. Less likely, unlikely."

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You know, I'll just go ahead and reject

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those. Kind of like I'm swiping on uh

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Tinder, if you know what I mean. No, I

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don't actually swipe on Tinder. I'm

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married. I got seven kids. Okay, I don't

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swipe on Tinder. But anyway, I could

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also swipe to the right and save a

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listing if I want, but I don't care

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about unlikely junk. I get rid of this

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so I never have to see that. Oh, what's

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this? A likely deal on Appalachian

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Court. A million49,000.

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Well, golly. If I don't mind, I'd like

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to take a look at this. Ooh, some old

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funky lenolum. Old kitchen. Ooh, old

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wallpaper. Now, that that one to me

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looks like a save. And see, that's

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exactly what I did yesterday. I'm

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scrolling through and I'm like, "Oh my

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gosh." Okay, this looks interesting.

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Now, let me go run some comps for that

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property. So, it's listed for a,49,000.

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And what do lo and behold, what do I

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find? that this three-bedroom, two bath,

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1462

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foot property literally has a model

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match sale for $500,000

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more than it. It took me less than 2

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minutes yesterday to find this deal.

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Just throwing in a zip code in a city

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and then I pull up a comp. I'm like, "Oh

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my gosh, dude. That's a money bagger

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right there." Now, in fairness, this

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place really nicely remodeled. There are

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a lot of factors on this. It's in the

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same neighborhood, slightly better

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location, but I mean, look, they dalled

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it up. Gorgeous kitchen, gorgeous

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flooring, uh, great appliances. So, you

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got the backsplashless appliance over

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there on the range. Although, honestly,

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I would have carried the kitchen

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backsplash through. I feel like that

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kind of looks a little funky. Personal

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design choice there. And I personally

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think for selling it looks great to have

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these shelves, but women like cabinets.

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Okay, so a a dude was probably involved

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in designing the kitchen there or who

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knows, maybe they just wanted to flip it

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and get out, right? Sometimes, you know,

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flippers don't really think about that

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longevity. But compare these two

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listings. I got a $500,000

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gap between this, which is a model match

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compared to what I just showed you. Now,

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obviously they look substantially

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different, but I can fix this place up

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for less than $500,000 and certainly

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probably for under $125,000 make it look

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95% as good as the other one. And to me,

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that is a positive net worth boost. And

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see, that's what I think is so exciting.

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And so, this app that I showed you, and

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then we'll go back to lessons, is the

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app that we are pre-selling right now at

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reinvest.co. or house hack.com. We also

8:03

have our company. So, if you want to

8:04

invest in the company, we have the

8:06

company's investment round ending

8:07

tomorrow. I just want to take a moment

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and be super grateful for you. We have

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we're almost at $5 million for the

8:13

month. It's insane. In the last 24

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hours, we're over $900,000 of people

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investing in this company. Not just for

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the real estate exposure that we have,

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the free and clear over $65 million of

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real estate, probably more once they're

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all fixed up and done, and the 14-ish

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million dollars in the bank with no bank

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debt. I think people are investing in

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that for one reason, but then they're

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also getting a slice of ownership of

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this artificial intelligence. And see,

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artificial intelligence is what's

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helping us snipe those deals. Now, if

8:45

you want that kind of artificial

8:46

intelligence, you could use the reinvest

8:50

AI. Just click get our AI and you could

8:53

get lifetime access for it. You could

8:54

pay in four. In the future, we'll move

8:56

to a monthly pricing model, especially

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once our valuation AI comes out. It's

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one of the downsides of what I just had

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to do. I actually had to go look the

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valuation up myself by running comps.

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Not that hard to do, but it'd be nice to

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actually sort these by net worth. Now,

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reason I say that is because if we go

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back to this deal, I actually saved a

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deal over in Irvine. Or go back to the

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app. I saved a deal over here in Irvine.

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It's 46 Chrismonton West, Irvine,

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California. So, I look at this deal and

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I run the comps on it and I'm like, ah,

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you know, yeah, it's about 100K, maybe

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$150,000 under market value. I've got

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some comps at $1850. But the problem

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with this is I'm not going to have much

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money left if I put 80,000 bucks into it

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or a h 100,000 bucks left into it.

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There's not going to be a lot of room

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and meat on the bone for me to say, "Oh

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yeah, this is a good deal worth buying."

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And so in the future, that's where we're

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going to release this fair market value.

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That's our fair market value, not like

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some estimate garbage. No, like a meat

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heaven valuation on these properties.

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And that way we can then compare what

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it's listed for to what the fair market

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value is according to Kevin and our

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artificial intelligence and then

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actually give you the difference, the

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potential net worth boost. And that's

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what this app just did for this

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particular property. Again, there's a

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$500,000

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spread between this property and really

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a model home version of the same exact

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floor plan. That's really impressive.

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And obviously you can't guarantee that,

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oh, you're going to get a full 500K. But

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this feels like I'm sniping multi6ig

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deals rather than scrolling on Tinder or

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Tik Tok or Instagram or Twitter. I'd

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rather do this. Now, what's a big lesson

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on top of all of this? Because remember

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the whole thing is learn lessons over

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time. And while you get started hunting

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for real estate yourself, you have to

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know this yourself. you're going to

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start identifying things called yabotss.

10:59

So yabotss are things like properties

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that back directly up to busy roads.

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This one technically doesn't because

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it's the second unit in but we have to

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adjust for the fact that this is an

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attached or zero lot line property.

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Other factors being under high tension

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power lines or under highways are

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obviously abnormal things that can make

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a deal look good, but it's not. So, this

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is where there's still some value in

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having somebody, you know, kind of go

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with you that knows what they're doing

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in real estate that's like, "Hey, don't

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be a knucklehead." But I'll tell you,

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I'm really blown away that I feel like I

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can go snipe deals with an app now as

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opposed to swiping girls. As much as I'd

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love to swipe girls, I'm not allowed to.

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I can't. I haven't been able to swipe

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girls ever because I think I'm pretty

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sure when did Tinder come out? I've been

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in a relationship for like 16, 17 years.

11:45

Six or seven. When did Tinder come out?

11:48

Tinder came out in 2012.

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Yep. Been in a relationship since 2008.

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But anyway, going back to this, look at

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this puppy. You go back into this deal.

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Uh, and not only do we have, as we've

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seen, the sort of like, uh, funky

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partitions over here, uh, which I really

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think provide absolutely zero sound

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barrier. But I really hope that's not

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how they're dividing out the studios

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with those barriers either. And so

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here's just another example where I

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understand they're trying to maximize

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this sort of like city downtownish view

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that they're going for in this compound,

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but people like storage and so missing

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out on some kind of upper cabinets here

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or upper shelving I think is a mistake.

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Even if they went with upper shelving

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like that other that flip listing had

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might be worth it. But hey, sometimes

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people don't think a head like that. Uh,

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and to me, I'm just surprised that

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something like this could ask for $2

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million, but hey, somehow people pull

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this stuff off. So, I find red flags and

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super custom stuff like this. Another

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example, and maybe you love it, but it's

12:53

just something that bothers me. This

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floor drives me nuts. I can't even tell

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what this is, and I don't know who it's

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going to appeal to. So, I'm going to do

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is I'm going to drag it and we're going

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to zoom in on it and we're going to look

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at this a little bit closer because I'm

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having a little trouble wrapping my head

13:07

around what this actual floor is. It

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almost looks like cork, like some kind

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of fancy cork flooring that they put

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down. And again, I don't understand why

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people customize real estate like this,

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but this is the kind of stuff that gets

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people in trouble because to reflo the

13:24

place is a pricey ticket, especially

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when you've got those disappearing

13:27

baseboards along the side, uh, then you

13:30

have to add quarter round. If you try to

13:32

reflo or whatever the heck this is,

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lenolium or or tile or whatever, then if

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I go over it, I'm going to have to put

13:37

lenolium down. My my door heights are

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going to be screwed up. If I try to

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scrape it off, gh good luck. At least

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here they have a decent sized vanity

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with no bullnose on the edge of the

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tile. But, you know, whatever. They

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tried. I I I don't know. I I guess I

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guess maybe I'm just broadly confused as

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to how you could sell something like

13:56

this for $2.1 million. But some people

13:59

do. I look for net worth boosters. And

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that one to me is a net worth scam.

14:04

>> Why not advertise [music] these things

14:05

that you told us here? I feel like

14:07

nobody else knows about this.

14:08

>> We'll we'll try a little advertising and

14:10

see how it goes.

14:10

>> Congratulations, man. You have done so

14:12

much. People love you. People look up to

14:13

you.

14:14

>> Kevin Praath there, financial analyst

14:16

and YouTuber [music] Meet Kevin. Always

14:17

great to get your take.

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