TRANSCRIPTEnglish

Launching Reinvest AI and a HouseHack Update.

32m 44s5,986 words841 segmentsEnglish

FULL TRANSCRIPT

0:00

Oh that's terrible. Yeah, that's

0:02

not good. But spoiler alert, we're

0:04

announcing our AI in this video and we

0:07

had a little bit of a poopsy dupes with

0:10

real estate. Let's talk about it. If you

0:12

had reinvest AI, one shot, one sight to

0:15

clap red fin and trulia in a single

0:17

bite, would you tap it or just keep

0:20

scrolling past it?

0:22

>> Wow, we have a lot of updates and we're

0:25

releasing the AI product. But first,

0:28

we're going to take a look at what's

0:29

going on construction-wise inside of

0:31

here. And one of the folks helping me

0:33

out here, what's your name again?

0:34

>> Isai.

0:34

>> Isai, thank you so much. You came by a

0:37

hoarder house we cleaned up what like 5

0:39

years ago right before co that's crazy

0:41

small world man. Thank you so much.

0:43

>> Thank you. So let's go take a look at

0:45

this one. So scoop here in the HOA

0:48

neighborhoods. The HOAs love it if you

0:51

paint the railings and make the door

0:53

nice, especially the front facade. This

0:55

yellow fades really quickly. So we love

0:57

giving this an update. This one we

0:59

bought really didn't need a lot. So, we

1:02

got rid of the little funky newbie uh

1:05

cheapy blinds that are in here. I

1:07

absolutely hate the funky blinds they

1:09

put in here. But broadly, this place

1:12

needs a cleanup, which we're in the

1:14

process of cleaning up. Uh and we did a

1:17

little bit of beautiful epoxy in the

1:20

garage. Ah, smells nice. One of the

1:23

downsides was sometimes people store the

1:26

uh garbage that they have in the garage

1:29

and it's pretty stinky. you don't like

1:31

that. So, you got to get that smell out

1:33

somehow. So, we did uh take a look at

1:35

this. We got some delicious new rugs.

1:39

Now, I didn't want to floor all the way

1:40

because we didn't want to overspend on

1:42

this one, but that's okay because this

1:45

it looks so much better. I'll have to

1:46

show you the before of the bathroom, but

1:49

look at that beautiful new glazing.

1:53

Hardware is obviously got to go on, but

1:55

it makes such a difference to glaze this

1:59

compared to what it was on top of that.

2:03

Absolutely love love love getting some

2:07

new hardware. Look at that. Not even

2:10

that expensive. These are like 60 bucks,

2:13

but they look great compared to what it

2:16

was. Still needs a little bit of

2:18

cleaning. New face plate over here.

2:21

Probably. Yeah, I'm going to throw in a

2:22

new medicine cabinet as well because

2:24

those are pretty cheap. We already

2:25

bought it. It's around the corner. In

2:27

fact, I'm going to hand it to Eay right

2:29

now. Let's go. We'll see if these

2:32

puppies fit. Uh maybe we cuz they just

2:34

screw in really easy. I have two of them

2:36

for upstairs. That would be amazing.

2:38

Thank you. Spoiler alert, the house hack

2:40

update has come to the website. We'll

2:43

talk more about it later, but it's

2:45

insane because we're getting you in at

2:47

the ground floor and lifetime access

2:50

helps the company and gets you lifetime

2:53

foundation access. More on that in a

2:55

bit. You know what would be really nice

2:57

and cheap to update this cuz this isn't

2:59

that bad of a box? Spray painting this

3:01

right here red. That's a pro hack right

3:04

there. That'll cost us like three bucks

3:06

and a little bit of tape. Okay, we need

3:08

some Oh yeah, there goes the Cybertruck.

3:10

Two exterior lights are needed here.

3:12

We've got Oh, somebody's getting rid of

3:15

a bike. Okay, that must have been in the

3:18

garage or out back somewhere. But that's

3:20

all right. This is exciting. Let's take

3:22

a look at this. So, this one, last time

3:24

I was here with my boy Max, we found

3:26

this water heater leaking and the garage

3:29

floor. Absolute crap. Look at it now. Oh

3:33

my gosh, they did a great job on it.

3:36

This looks so nice. I almost don't even

3:37

want to step on it. Airing it out right

3:39

there. Oh, total pro. And there it is. A

3:42

water heater. Brand spanking new. I know

3:45

because last time the pressure relief

3:47

valve was on the top and now it's here.

3:50

So, it's been replaced. All right, boys

3:51

and girls. What we have here is in the

3:54

wild, a water heater that is at the end

3:58

of its life. Now, how do we know that

4:00

this water heater installed 15 years ago

4:04

is at the end of its life? Well, boys

4:05

and girls, you can go for a bath in the

4:08

Schmitty pan. Thankfully.

4:11

Oh, yeah. Honestly, I was in this when

4:14

we bought the property and there is no

4:16

water in here cuz I checked. So, this

4:19

puppy just went completely has not been

4:23

turned in a long time. I would guess

4:25

that valve has not been turned in 15

4:27

years since they installed it. And then

4:29

why don't we go ahead and also shut off

4:30

the gas.

4:32

There we go. Gas is off. Water is off.

4:35

And why don't we we could even take a

4:37

little bit of pressure off. Should we

4:38

take some pressure off?

4:42

>> Got it.

4:42

>> Yeah.

4:44

>> Cool.

4:45

>> Yes. I just literally ordered it on

4:47

Amazon and shipped it over. Oh, got that

4:49

light, too. Shipped it over from Amazon

4:51

and shows up and then that way it's

4:52

there for the plumbers. It's kind of

4:54

like the pro method in my opinion to do

4:56

that. But, uh, this is great cuz this

4:58

place didn't need that much love either.

5:00

Uh, in fairness, we're going to have to

5:02

make sure that we get the backyard a

5:05

little greened up right here. We're

5:07

getting a couple brown spots over here,

5:09

uh, and over here. So, we're going to

5:11

have to hop on that. I did talk to the

5:12

landscaper about doing that, but

5:15

obviously this is why you got to go

5:16

visit the properties cuz sometimes

5:18

you're like, "Hey, by the way, we need a

5:19

chimney cap. Not there yet. Hey, by the

5:21

way, make sure the grass stays watered

5:23

while you're out there, especially when

5:25

you're doing the landscaping around the

5:26

corner." And unless you go check on it,

5:28

they're not going to do it. That's okay.

5:30

This is why some people like to buy

5:32

Bitcoin and I like to buy real estate

5:33

because I'm willing to come and do it.

5:35

Uh, another pro move. You ready for

5:37

this? No, not just the Reinvest app. I'm

5:39

going to show you a pro move that's

5:40

right over here that's really cheap.

5:42

Makes a big classy difference to your

5:44

real estate. But

5:47

I couldn't be more excited because

5:48

here's the thing. The AI that I

5:51

personally train to identify if a deal

5:53

is like an A or a B or a C deal is going

5:56

live next month and we're pre-selling it

5:59

now in Black Friday's sort of sale week

6:02

here. So if you go to househack.com you

6:05

could sign up for it and you get

6:06

lifetime access to it. Now, what's

6:09

remarkable about that is even if in the

6:11

future, which we think it'll cost,

6:13

especially for agents, $199 a month once

6:17

we perfect the AI, you get lifetime

6:19

access for that onetime fee forever.

6:22

Mostly because I think if we're going to

6:23

IPO this puppy, I'm okay with you having

6:27

foundation access because we'll blow up

6:29

access to thousands of other people. You

6:31

helped us out early, we help you out

6:33

early. Win-win. Now, pro move. See that

6:35

right there? You just spray paint the

6:38

protrusions at the top of the house and

6:40

then rather than those old rusty vents,

6:43

they actually look like they're brand

6:44

spanking new. Now, all you actually did

6:47

was take like $8 of exterior metal spray

6:50

paint and you made the place look a

6:53

whole lot better. Nobody does that.

6:55

Nobody actually goes up there and redo

6:58

those funky things. Just like, you know,

7:00

if there's a dog door in the front door,

7:02

nobody goes and picks up a $200 front

7:05

door and puts in a new front door. But I

7:07

do because I hate that stuff. I You

7:09

don't have dogs. Why do I want a giant

7:10

dog door in the front door? I understand

7:12

why they had it, but it just looks

7:14

funky. Anyway, oh, it already looks so

7:17

much brighter in here because the colors

7:20

that were here before were super dark.

7:23

Oh my gosh, it looks so much freaking

7:26

Holy smokes, dude. Look at Oh, LOOK AT

7:30

THAT KITCHEN. OH, it's so much better.

7:33

These cabinets, they're not my favorite

7:36

to paint, but with a good cover stain

7:38

primer, they'll function. Uh these are a

7:41

foil style cabinet. It's just the inside

7:44

of the cabinets are in great condition.

7:45

You can see this sort of like pantry

7:47

over here. Uh it really just needs that

7:50

modern exterior color. Uh and so we're

7:54

going to uh cover stain this and then uh

7:56

we'll get our uh primer in. Now uh we've

7:59

got a gorgeous countertop already in. So

8:01

that's ready to go. Beautiful window. I

8:03

mean, this this place is great. It's so

8:06

much freaking better. Look at this. Oh,

8:10

brand new hardware here. Look how nice

8:12

that looks. Oh, that's smooth. That's

8:15

nice spray paint finish. Ooh, we didn't

8:18

have to tear out the drywall. We didn't

8:20

have to do the crown molding. That was

8:21

all already here. We just gave it a new

8:24

beautiful, delicious look. Yes. Now, not

8:28

my favorite flooring, obviously, but it

8:29

was already here.

8:31

Just one of those places where it's just

8:32

not worth to swap it out. Just not going

8:35

to be worth swapping out. Now, another

8:37

another pro move right here. Okay, see

8:40

this mirror? Man, I love these. You can

8:42

pick these up on Amazon. Make sure you

8:44

get the same light bulbs, by the way,

8:46

when you go put in light bulbs. That'll

8:48

be fixed soon once we get into the

8:50

cleaning phase and finish the rest of

8:51

the stuff up that needs to be finished.

8:52

But anyway, these mirrors dirt cheap on

8:55

Amazon. They look amazing. Amazing. I

8:58

think you pay like a hundred bucks for a

9:00

mirror of that size and now you're not

9:03

paying somebody to go like frame out

9:05

with wood or whatever, you know, a new

9:08

mirror. Uh, we got Yep. Here it is.

9:10

There it is. You could copy it. Steal it

9:12

from me. I don't care. NH L O A AO. High

9:17

clear black metal framed bathroom

9:20

mirror. Whatever. Who cares? Point is,

9:23

those freaking mirrors are a hack.

9:25

Absolutely amazing. So totally a great

9:28

tool to use. Now something that you have

9:30

to remember is what's coming for the

9:32

future of our products, our AI stuff,

9:36

renovation advice. So we want to

9:38

probably by the end of next year and

9:40

everybody who's in the lifetime access

9:41

will have it forever. By the end of next

9:43

year, we want to make it so that you can

9:45

take a photo of a property that you

9:47

already own, let's say, or you're

9:48

thinking about buying, you know, maybe

9:50

you found it off market or something.

9:51

Uh, and then you upload the photo to the

9:54

app and we give you advice on, hey, you

9:57

know, have you thought about doing this

9:58

renovation wise? Now, think about it.

10:01

What's the benefit of that? Okay. Well,

10:03

I'll tell you. The benefit There we go.

10:06

That's good. That's good. The benefit is

10:09

all of a sudden you have somebody who's

10:12

been doing this as a professional

10:14

telling you, "Hey, man, don't spend

10:17

$80,000 on the kitchen. instead, why

10:20

don't you do this and not that and the

10:23

AI literally tells you that and you get

10:26

this investment that you're making into

10:28

a lifetime app that could probably for

10:30

as long as I do real estate, you know,

10:32

you bet on that app, as long as you

10:33

think I'm going to do real estate, as

10:35

long as I do real estate, you're going

10:37

to be getting benefits from that app.

10:39

That's my expectation. So, anyway, let's

10:40

get to the next property and we'll talk

10:42

more. Holy

10:44

moly. You know what I see here, boys and

10:47

girls? Do you know what I see here? I

10:49

see a still missing chimney cap. I tell

10:52

you, people do not like putting those

10:53

chimney caps on. Even when I asked three

10:54

times, I just got to keep asking

10:56

different people. No, look at this

10:57

landscaping. It's so nice. This is so

10:59

nice. Look at this. How nice is this

11:01

compared to what it was? Oh my gosh.

11:04

This is a house. This is so cool. And I

11:08

I should have turned on all the lights

11:10

to make this more dramatic, but you kind

11:12

of, you know, get what you get with me,

11:13

Kevin. You know, it's like teu level

11:16

editing and production. BUT OH YEAH. OH

11:20

YEAH.

11:21

OH, what do we have here? Lookie lookie

11:25

lookie.

11:27

Wow, dude. The last time I was here, I

11:31

was right here with Max and I took a

11:33

picture of him in the tractor. All

11:35

right, Max, we've made it to another

11:36

property. What can you tell me about

11:38

this giant backyard back here?

11:41

So, we used to be able to see the other

11:46

people's fences.

11:47

>> Oh, like their backyard, huh? Yeah. You

11:49

can see kind of like all this this giant

11:51

fence over here. You used to be able to

11:52

look right into there and and what did

11:54

we do?

11:55

>> They upgraded the fence

11:57

>> and they split the cost with us. So, you

12:00

mean we got this giant private backyard

12:04

here, which is awesome, and

12:08

we got this fence at half price.

12:12

That's awesome. Let's go, buddy. Look at

12:15

this now, dude. Oh, man. Look at this.

12:19

See? Look at this beauty. Beauty. Oh,

12:23

it's so nice. This is gorgeous. Painted

12:27

fence. This is actually a new fence

12:28

right here. We split that with a

12:29

neighbor. That's our fence which we

12:31

painted. This looks gorgeous. Really,

12:34

really good. Great. We got the cover

12:36

over here. I was really bummed cuz this

12:38

didn't have an out a cover out on it. Uh

12:40

and so we got them to cover it and then

12:41

they painted it. Yes. Perfect. Uh and

12:43

then this didn't have a cover either. So

12:45

I complained about that. Got a beautiful

12:47

Actually, I think I bought that. I hate

12:50

it when you don't have exterior covers

12:53

on those because a they look funky and b

12:56

well it's wrong. It's just wrong. Oh,

13:00

look at this. This, by the way, same

13:02

exact stove as in my house. Why? Five

13:07

burners, 599 bucks, self-cleaning oven,

13:13

bro. And Lowe's will literally take your

13:16

old one away and put in a new one for

13:20

you. Free.

13:23

You can't beat it. You can't beat it.

13:25

Just like you can't beat this beautiful

13:26

floor. Look at this. Hold on. Let's get

13:28

Oh, it's dirty. Dang it. I shouldn't

13:30

have zoomed in. We haven't had the

13:32

cleaners come yet. This is a horrible

13:33

representation. But look at that. Look

13:36

how nice that bullnose is. Oh my gosh. I

13:38

mean, talk about getting Kevin excited.

13:41

This is a great finish. Great finish by

13:45

the guys over at the floor store,

13:48

literally. Uh anyway, there's one of the

13:52

mirrors again. Max was sitting right

13:54

there before we glazed it and we had

13:56

holes in the wall and uh some funky

13:58

coloring. Shower curtain. And this place

14:00

is cooking, baby. Yes. This is what I'm

14:03

talking about. So, like the thing is

14:05

when you go through real estate and you

14:08

do this dozens, hundreds of times on

14:10

houses, you come into these projects and

14:12

you're like, you know what? I smell

14:15

something missing

14:17

right there. What is that? I'm meat

14:20

landlord.

14:24

Now, I'm no Tyler, but would you rather

14:26

that

14:28

or that? Look at that. How nice is that?

14:32

M. M. It's going to look so good. It's

14:34

just going to be the little kiss.

14:37

One kiss is all. Oh, very nice. Now,

14:41

this next property we're going to, let's

14:43

just say we had an oopsydoopsies for the

14:47

houseies.

14:50

It's okay. The mistakes that I make are

14:53

the lessons that I teach. So, my goal is

14:56

to save you money, which also will be

15:00

going into our reinvest AI. In fact,

15:02

we'll have a whole section coming out on

15:04

like pitfalls to avoid and things and

15:06

mistakes to avoid, especially when you

15:08

send us your pictures or even what we

15:10

see on public listings and we'll add our

15:12

commentary to those with AI that was

15:15

trained by mwah. So, you want that

15:18

lifetime access. I I don't see how this

15:22

is not something that literally snipes

15:24

you net worth over your lifetime. Like

15:27

it will pay for itself. I'm very very

15:29

confident of that. Of course, dear SEC,

15:32

this video is not a solicitation. No

15:33

guarantees. Don't sue me, bro. # I'm

15:36

going to keep trying my best. But let's

15:37

look at the poopy dupies I made. See

15:39

that behind me, right? Yeah. Another

15:41

chimney cap. I'm telling you, I'm not

15:42

going to let them fly. It's okay. The

15:44

same person's going to do them all at

15:45

the same time. They don't have a chimney

15:46

cap either. But the problem is if you

15:48

don't have a chimney cap, that's what a

15:49

chimney cap looks like, by the way, just

15:50

so you know. If you don't have that, it

15:52

it what serves two purposes. One, it's a

15:54

spark artor. Okay, the pros know this,

15:56

the noobs don't. So, spark artor, what

15:58

can you guess what that does? It stops

16:01

rain. It stops the rain from coming into

16:03

the chimney and then corroding the

16:04

inside of the box

16:06

naturally. And of course, it also is

16:09

supposed to stop. So, if you have like

16:10

if you're burning real wood and it

16:12

little sparks and embers come out, it's

16:14

supposed to catch and stop those from

16:16

catching fire on like mulch because some

16:18

people put mulch in their landscaping.

16:19

But anyway, uh now that you have learned

16:22

this, my little puppy as I walk up, the

16:25

neighbors like, "Are you with a new

16:26

owner?" I'm like, "If I say yes, I'm

16:29

going to be here way past sunset. So,

16:32

how about ma'am? I'm just working on the

16:34

property." Which is also true. But that

16:38

said, this one,

16:41

this is probably the worst setback I've

16:44

ever had in real estate.

16:46

And I mean, I've had setbacks before.

16:49

Uh, but, uh, you know, we're usually

16:51

really, really good at dodging setbacks.

16:54

Uh, and I've never had this happen

16:55

before because I've handled kitchens way

16:57

worse than this before. In fact, the

16:59

kitchen that was here before was a 1990s

17:03

kitchen. And I'm like, "Oh, dude." '90s

17:06

kitchen. Easy refinish. Okay. This isn't

17:09

like an OG kitchen. This is an easy

17:11

refinish. All right. Oh, there's a bunch

17:13

of water here. Great. Well, I'm glad

17:16

we're here. Look at this. So, I don't

17:19

know how this all of a sudden would just

17:21

start, but um I'm glad I came here to

17:25

discover the refrigerator water line

17:28

leaking. So, I'm going to have to go

17:31

turn that off. All right. Well, then I

17:33

keep coming back and I'm like, man, just

17:36

doesn't smell good. You know,

17:37

something's wrong. So, I'm like, all

17:39

right, let's let's get blowers because

17:42

the blowers will help us or the suckers,

17:44

right? HEPA filters because they'll help

17:46

us figure out what's going on. So, we

17:49

get some of these puppies out here,

17:50

house hack owned property, and it gets

17:54

worse. And I'm like, okay, well, that's

17:56

a sign that they're sucking air, not

18:00

from the space, because, you know, we

18:02

primed this floor, we primed the walls,

18:03

we primed the ceiling, multiple coats.

18:05

You know, we did a good job.

18:08

It was sucking air from somewhere. So,

18:09

we're like, "All right, let's let's

18:11

thoroughly look at the attic because

18:13

we've already reducted in this property.

18:16

Maybe it's insulation. We're like, "All

18:17

right." We make the decision to go on

18:19

Lowe's, order some new insulation,

18:21

replace all the insul insulation. We get

18:23

a company to come out and vacuum up any

18:26

leftover debris, do uh any kind of pest

18:29

exclusion so that all the set vents are

18:32

sealed up right here. So, no uh no

18:35

vermin or like sneaking in here, right?

18:37

So, this is all like new pest exclusion.

18:40

You could tell by the little screws that

18:41

are new there. Like, you know, we we

18:43

actually care about our tenants. We want

18:44

to do a good job for our tenants and

18:46

make sure they don't have to deal with

18:46

bull crap.

18:48

Smell wasn't going away. I'm like, I'm

18:52

looking at that kitchen. I'm like, let

18:54

me look at the original pictures again.

18:55

I look at the original pictures again.

18:57

You could literally see the oil stains

19:01

dripping down the side of the cabinet

19:02

from the hoarder house next to the oven

19:04

and the o, you know, the cooktop. And

19:06

I'm like, I think these cabinets are

19:08

cooked.

19:12

So unfortunately kitchen cabinets that

19:14

we painted we um

19:18

we had to remove. So we had this kitchen

19:22

basically complete and we had to remove

19:25

the kitchen. Now in fairness our

19:28

countertop people I think they actually

19:30

removed them. Thank goodness. Our

19:31

countertop people were so wonderful.

19:33

They hooked us up and they helped us

19:35

remove without damaging the uh original

19:39

or sorry, the new countertops that they

19:41

installed. They removed for us. Oh,

19:43

there we go. Uh and they're going to

19:45

reinstall them. So, we're going to redo

19:47

the kitchen in the same layout so we can

19:48

reinstall the countertops. So, we're not

19:50

losing the money on cutting those

19:53

countertops and the actual material of

19:55

them. Just means we have to do new cabs.

19:58

Now, was this the problem? Well, it

20:01

turns out

20:04

somewhere around here. I don't exactly

20:06

know where.

20:09

Well, let me play you what was under the

20:13

cabinets and in between the cabinets,

20:15

and then you tell me what you think. All

20:18

right. So, here was one of the nests,

20:22

and it just goes all the way through

20:24

here. And then you have a hole where I

20:27

think they're coming through. You have

20:29

another nest.

20:32

another nest.

20:34

Then you have this one.

20:37

And then you have

20:39

all that back there. So, I'm glad we're

20:43

doing this. Anyway, this is where we

20:46

stand now. And as you can see, we have a

20:49

little bit of drywall and a little bit

20:51

of reassembling to do this setback. Uh,

20:55

we'll clean that up, too. I don't like

20:57

the look of that right there. We'll cut

20:58

that portion out there. Honestly, I'm

21:00

tempted to just cut out even more of the

21:03

drywall because even the stuff that was

21:05

backing the cabinet, at least this

21:07

bottom half is probably a problem. So,

21:10

we might get rid of these and these over

21:13

here. We're talking about an extra two

21:15

sheets of drywall or so. So, let's not

21:17

mess around. Let's get this done in this

21:19

property ready for somebody to live in

21:22

in a healthy manner. That said, it was

21:26

an oopsies. Now, fortunately, it's not

21:28

an oopsy dupy that's the end of the

21:30

world. You know, this is our 11th

21:32

renovation at the same time. It's not

21:35

that big of a deal. Uh we've had

21:36

professionals come out here and help

21:38

advise us on this, so we know we're

21:41

doing the right thing right now. Uh and

21:43

the project's pretty dang well ready to

21:45

go. Baseboard's in, flooring's in. We

21:48

got a little bit of uh that's part of

21:50

our drywall. You can see our new

21:51

ducting, the insulation that's ready to

21:53

go once that drywall set in. And uh you

21:57

know, we're we're getting pretty close

21:59

on this project, so I'm excited about

22:01

it. But those new cabs, installed,

22:05

drywall, the whole thing's probably set

22:08

us back somewhere around,

22:10

you know, the delta of the new cabs,

22:13

installed, drywall, and reinstalling

22:15

counters. Probably somewhere around 7 to

22:17

8, maybe 9,000 bucks once you consider

22:19

painting and doing the walls. Call it 10

22:22

just to be even. So, we had about a

22:24

$10,000 oopsy dupsies. Now,

22:29

99% of the time we've refinished the

22:31

cabinets. We do not have issues. And

22:34

that's because 99 of the other times

22:36

I've done this, I've had no issues. This

22:37

is the one out of 100 times we've had

22:40

this issue. Uh, and it's unfortunate

22:42

because it does cost money, but we're

22:45

still up on the deal. We're I mean, if

22:47

we had deals that we were only doing

22:48

$10,000 margins on, that'd be a problem.

22:51

Uh, so it is something that will now go

22:54

down into the repertoire of experience

22:57

where if you see those oil stains on

22:59

cabinets, I don't care how old they are,

23:00

if it's from a hoarder house, you're

23:02

probably going to have to reset them. In

23:04

other words, get rid of them and start

23:06

over. Yo, let's kill like the bottom

23:08

half of this drywall, like a sheet of

23:10

drywall over here. Let's kill this

23:13

drywall right here. There's some nasty

23:15

right there. So, let's kill uh probably

23:17

honestly just the whole bottom four feet

23:20

because the cabinets and all the crap

23:21

were sitting against that drywall,

23:23

right? I bet in the future we could

23:25

actually program our AI to identify the

23:28

very stains that happened or occurred in

23:31

this kitchen to be an oil red flag

23:34

because again, that's just it's never

23:37

ever been an issue before. And I'm not

23:38

opposed to replacing cabinets. You know,

23:40

out of these 10 projects, we've replaced

23:42

probably four sets of cabinets. This

23:44

will be number five. So, we're not

23:45

opposed to doing new cabinets. It's

23:47

fine. It's going to happen sometimes,

23:49

but but that one is unfortunately a

23:51

little bit of a surprise. But the good

23:52

news is hopefully you take that away

23:55

forever that if you got a stinky hoarder

23:57

house and there are oil stains, it's a

23:59

red flag to you. Now, the next thing to

24:01

keep in mind is this Black Friday

24:04

pricing we're doing on the AI. Once we

24:07

roll out these features in 2026, we

24:09

think the value of this lifetime

24:11

membership, first of all, I don't think

24:13

we'll do lifetime anymore. that'll go

24:14

away. The price will probably be 3 to

24:17

10x over the next year as we release

24:21

features. Uh, and once all of our

24:23

features are out and we can go

24:24

mainstream with this app, we're just

24:26

going to go monthly. And we expect this

24:28

is probably going to be $1.99 if you do

24:31

like a year, right? So, that'll be 2,400

24:34

bucks a year. And you only have a year

24:35

at that point, which would be crazy. You

24:37

get lifetime access for way less than

24:39

that today. use it for 20 years, you get

24:41

lifetime access for like 19 cents a day.

24:44

It's crazy. Uh that's insane. You get

24:46

deals all across the country. Uh and

24:49

then on top of that,

25:01

and you're helping us get to IPO sooner.

25:04

So, if you're an investor, come join us.

25:06

Ah, yes. Last time I was here, I was

25:09

here with Max and we were uh how should

25:13

I put it? Um in the Sprinter van.

25:16

>> A lot of kids. That's almost as many. We

25:19

have

25:20

>> That's almost as many as we have. Is

25:21

that what you said?

25:24

>> Quite a different ride. But it is also

25:26

sunset, so we are coming with um the

25:30

headlamp just in case. Although I don't

25:32

expect to be here for too long. As you

25:34

can see, they are already prepping. Uh,

25:36

by the way, next door they are doing an

25:38

ADU, an accessory dwelling unit, which

25:40

we're big fans of. More housing. That's

25:42

good. Uh, and they also really increased

25:44

the value of the single family homes.

25:46

Ironically, usually you'd think more

25:48

units would hurt, right? But they

25:49

actually boost the value of the single

25:51

family homes and hoods, which is

25:53

incredible. So, uh, we're going to go

25:55

check this one out. Uh, this one. All

25:58

right. It's getting a little dark in

25:59

here, but that's okay. Maybe we'll pop

26:00

this light on. There we go. Original

26:03

hardwood floor here. I hate to say it,

26:06

but when we have the original hardwood

26:07

floor, you have to know that in the

26:09

kitchen, some new cabinets coming in. In

26:12

the kitchen, they don't do the hardwood

26:14

floor, which is a real bummer. You just

26:17

get subfloor here. Uh, and in the

26:20

bathroom, you just get OBS, which is

26:22

like, come on, man. Really? So, little

26:25

bit of a bummer on the floor, but I have

26:28

to say really excited with how it's

26:30

looking already. We got the can lights

26:32

in right here. This looks really good.

26:34

Really gorgeous. Drywalling. Excellent.

26:37

I honestly I think I just missed the

26:40

drywaller. This is wet. I probably

26:42

missed them by minutes here. And good.

26:45

They got rid of the basketball hoop.

26:47

They are stuckcoing over there. Very

26:49

nice. That's awesome. Good for them.

26:52

Beautiful yard, by the way. We could

26:53

totally do an ADU over here at some

26:55

point. Let's just go back there. Uh so,

26:57

uh this is great. Like this is this is

27:00

kind of what it looked like before. So,

27:01

obviously, we'll be replacing that door.

27:04

Kind of gross, but that's our goal,

27:06

right? We want to make these places nice

27:08

and then keep them forever, ideally. And

27:10

like all this, you're going to have to

27:13

get some new concrete. You know what I'm

27:15

saying? But that's okay. That's all

27:17

right. Max was just with me over here.

27:19

And guess what he was doing? He was

27:20

looking at the foundation with me. I was

27:22

trying to teach him about the

27:23

foundation, which is great. I mean, he's

27:25

seven. Uh, but this is fun. This is

27:28

great. I'm glad I came out to this one

27:30

because these are the kind of properties

27:33

that over time we just want to acquire

27:35

more and more of. Look at this beautiful

27:38

new gate we just installed as well. This

27:40

looks really, really nice. Of course,

27:41

we'll get that painted so it's nice and

27:44

uh preserved. So, that'll be really

27:46

good. Now, something else to know that

27:50

real estate, yes, it is harder. It is

27:53

harder than buying stocks. It's harder

27:55

than buying Bitcoin. But that's why I

27:58

love that I do both. I'm a Bigfoot. The

28:01

heck is that? Oh, it's Man, I swear I

28:05

thought this was like a Dexter barrel.

28:09

I'm looking at this just out of the

28:11

corner of my eye like, "Oh no, what did

28:13

we buy?"

28:15

Yeah, it's one of the things with real

28:17

estate. It's a quite a human business.

28:20

But anyway, look, I'm a big fan of

28:22

diversifying. And I know what

28:23

diversifying to real estate isn't for

28:25

everyone, but it's something that in my

28:27

opinion, check out househag.com.

28:29

Reinvest. It might be a great

28:31

opportunity. Hey, how can I help you?

28:32

You next door.

28:34

>> Um,

28:34

>> you could use that for like the next

28:36

month. Honestly, it doesn't matter to

28:37

me.

28:38

>> Hopefully the Fed will cut rates.

28:40

>> Oh, that'd be nice.

28:40

>> A little bit.

28:41

>> They just got to get that drone pow out

28:42

of there, you know.

28:43

>> I know. Absolutely. Yeah. 3%. What

28:46

happened to that?

28:47

>> Yeah, we'll get it back soon.

28:49

>> Just met the neighbor doesn't like drone

28:51

powell.

28:56

Okay. All right. So, anyway, as I was

28:58

saying, look, diversifying to real

29:00

estate, it's hard. It's not easy for

29:03

everyone. And so, like, shameless plug,

29:06

I want to do this forever. I get excited

29:08

about this. I love real estate. I mean,

29:10

I love screaming on my live streams,

29:12

too. Don't get me wrong, that's fun. But

29:14

there's just something about real estate

29:15

that has a really special place in my

29:16

heart. Ever since I basically got fired

29:19

at Red Robin. Well, I told them, "I'm

29:21

done working here unless you make me a

29:22

server." And they're like, "You're gonna

29:24

go be a real estate agent. You're never

29:26

gonna make it in real estate." You know,

29:28

I was just at Red Robin the other day

29:30

sitting like two or three chairs away or

29:32

tables away from where that happened.

29:34

And it's awesome because now I look at

29:37

it with my 10-year-old and I tell him,

29:39

"Don't let anybody ever tell you you

29:41

can't,

29:44

you know?" And so now we here we are.

29:45

I'm I'm doing what I love doing, real

29:47

estate, and we're going to keep doing it

29:49

to do it for as long as possible. And my

29:52

hope is that if people really like what

29:54

we're doing with House Hack and our

29:55

House hack AI, and we've got no bank

29:58

debt, that we can keep growing the AI,

30:01

whatever money we raise, we throw right

30:03

back into some of it back into AI, maybe

30:05

10% of it back into AI, and then 90%

30:08

into actually acquiring real estate

30:10

assets. I feel like we've kind of become

30:12

like a real estate treasury company.

30:15

There I say, you know, uh so we'll just

30:18

keep doing that. The difference between

30:19

what we do and Bitcoin, if there's any,

30:22

you know, pitch to that, and I'm not

30:24

trying to bag on Bitcoin, but I'm not a

30:26

fan of going out there and just buying

30:27

stuff at market value. Uh that's not to

30:30

say that every deal is a great deal. I I

30:33

think every deal we buy is a great deal,

30:34

but who knows? You know, markets change.

30:37

But I think when I'm buying properties

30:39

for 20% under what they're worth after I

30:42

put our fix up money into it. So our

30:45

all-in cost is let's say you know

30:47

$600,000 and it's worth $720,000.

30:51

That $120,000

30:53

difference in my opinion is insulation.

30:56

So if we have a labor recession or a

30:58

soft landing, we take off again, you

31:00

know, Kevin Hasset drops rates like

31:02

crazy, I think we're in a fantastic

31:05

place. So, um I just I have to be

31:08

grateful for that, but I also have to uh

31:10

sincerely thank all of you because none

31:13

of it would be possible without you. If

31:15

in fairness you have any questions about

31:17

what we're doing at Reinvest, if you

31:19

have any questions about our artificial

31:21

intelligence and sort of like what you

31:23

get now versus what comes later, a lot

31:26

comes later. Uh hit us up, you know, hit

31:29

me up in the comments on live stream. If

31:31

you say the word uh house hacker

31:34

reinvest, I'm more likely to see it. All

31:37

right, folks. Let's go home.

31:40

Look, if you had reinvest AI, one shot,

31:44

one sight to clap red fin and truly in a

31:46

single bite, would you tap it or just

31:49

keep scrolling past it? Yeah. Yeah. Your

31:53

knees weak, palms sweaty, zest, the mats

31:55

petty, your agent's not ready, price

31:57

cuts dropping like confetti. He's

31:58

scrolling on red fin hoping deals just

32:00

appear but the good ones vanish faster

32:02

than your new year's cheer. Snap back to

32:04

reality. Zillow's fatality listings

32:07

disappear like a landlord's morality is

32:09

stressing guessing praying for a

32:11

blessing while every other buyer got

32:13

their bot second guessing. But this

32:14

ain't grandpa's MLS doors unlocking.

32:17

Reinvest scans blocks like a hawk that's

32:19

stalking code so cold zones unfold.

32:21

Equity told we dig what truly misses in

32:23

the blind spots of fold. Look why normal

32:25

buyers tasteless things they barely

32:26

review. REINVEST USERS CHASE PROFITS.

32:29

BOOM. BREAKTHROUGH.

32:30

>> STOP SCROLLING. Start owning. Spot a

32:32

profit. You better never let it go, man.

32:34

Don't buy a liability. My capability

32:37

reinvest

32:39

in bio. Let's go.

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