The Titanium Vault hosted by RJ Bates III

Virginia Bans Wholesaling | Pardon The Disruption

March 04, 2024 Dean Rogers, Steve Trang, Stratton Brown, Leon G. Barnes Episode 296
The Titanium Vault hosted by RJ Bates III
Virginia Bans Wholesaling | Pardon The Disruption
Show Notes Transcript Chapter Markers

Prepare to navigate the ever-evolving landscape of real estate as we delve into Virginia's mandate for wholesaler licensing. Join Aaron and our esteemed panelists Steve Trang, Leon Barnes, and Stratton Brown as they unpack the repercussions for investors and the delicate balance between industry self-regulation and governmental oversight. This heated debate exposes the intricate dance of staying ahead in the real estate game while adhering to the new rules of play.

Switching fields, we offer an intimate glimpse into the dichotomy of NFL player culture and the authenticity (or lack thereof) reflected in their public personas. Unearthing the truth behind locker room dynamics, we scrutinize the handling of conflicts, the weight of scandals, and how these issues bleed into the pulsating heart of college sports. With an eye on the controversial practice of court-storming, we propose innovative solutions aimed at preserving the raw excitement of college basketball without compromising safety. 

Capping off the episode with a focus on personal and professional growth, we explore the transformative potential of investing in oneself and the power of strong networks. Sharing stories of resilience, we reflect on the stark contrasts between various investment avenues and emphasize the long-term strategies essential for wealth building. Get ready to be both inspired and challenged as we journey through a diverse lineup of topics that are sure to ignite conversation long after the closing credits.

With over 1,200 Videos, this is the #1 channel on YouTube for all things Virtual Wholesaling. SUBSCRIBE NOW!   https://www.youtube.com/@RJBatesIII

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Speaker 1:

Hello, welcome back to this week's episode of part in the disruption. I'm your intern host for this week, aaron. I'm filling in for Matthew, who is out right now in RJ, who's having some internet problems. So we have a full cast here today, though Full guys ready about three of them, because Steve's not going to win. So we have three guys ready to win today. Let me go and show you the rules of how we get into things here. We have five pre-selected questions one real estate, one sports, one viral question, one viral video and a trending one. We also will have panels to have 60 seconds to argue their viewpoints. After that they'll have two minutes open debate. Points are awarded on the panels with the best arguments or, if your name is not Steve, most points at the end of each question will be the winner of today's show. So let's go ahead and get into our contestants today. So first we have Mr Steve Trang himself.

Speaker 2:

What's going on everybody? Steve Trang, real estate disruptors close more sales. We are hiring. If you're a salesperson, disruptorsjobscom. We need people. We have such high demand and the biggest thing we need are salespeople. Looking forward to today. We got Captain America. Last time he was here he said some crazy stuff, so I'm looking forward to dealing with him directly, face to face. We got Stratton here. We dug deep into the bench he's still the only one we can get and then we got Leon here and I'm looking forward to a friendly conversation today before we shut him down in San Diego. On the points.

Speaker 1:

Wonderful Steve. We're all looking forward to seeing your jump shot in San Diego. So, leon, go ahead and introduce yourself.

Speaker 3:

What's up everyone? Leon G Barnes, here with the Collective Genius. I am looking forward to next week's meeting in San Diego. I have all of these excuses that people make up if we can't get an indoor court. My jump shot on the double rims doesn't work as well, so I've got to find an indoor court for Mr Steve Trang. So we're working on that, we're looking forward to it and I'm looking forward. We're talking about going to California and we got half the panel from California today, excited for both of these guys.

Speaker 1:

Yes, I actually grew, Steve, there. Indoor courts is way better, so I get you there First. Next we have Trump's biggest supporter, stratton Brown. Introduce yourself.

Speaker 4:

Thank you so much for having me on. I'm glad I got to come on because RJ couldn't pay his goddamn internet bill. Who knows what happened. All those cool bills are fake. Obviously you're also gonna be able to pay for the Wi-Fi. I'm just letting you know. He'll see this eventually. He'll give me a call, but my name's Stratton Brown. I am not a California resident, I'm a resident of the great state of Utah. You'll be clear. Thank you, leon, and we own virtualhelpio and some storage facilities. If you guys need virtual assistance in your company, send me a DM on Instagram at StrattDaddy or go to virtualhelpiocom.

Speaker 1:

Thank you, Stratton. Last but not least, we have the other football on the panelists today. Dean Rogers, please introduce yourself.

Speaker 5:

What's up guys? Dean Rogers, I'm the guy they bring on when Steve Trang wants to be around other athletes Second time on here returning. You guys can always connect with me, deanrogerscom, coaching students how to wholesale houses. Wholesaling houses and flipping houses is what I do all day, every day, in central California, as well as building my rental portfolio. So good to be back here and chop it up with you guys 100% ready to get into our first question.

Speaker 1:

So would Virginia pass a new regulation requiring people to obtain a real estate license to wholesale? What do you make of the new wholesale law passed in Virginia, Steve, start us off.

Speaker 2:

Well, it's not a surprise. We knew this was coming down the pike, right? I don't really know how being licensed helps the homeowner, really, right, but this is something that's going to be happening. It's going to be happening a lot more often. There's a reason why we talked about the importance of either, a raising capital so that you can close on these yourself, or B double closing. Or C we talked about the installment method, right A way to take title to a property using seller financing so that you can wholesale it on the MLS. I think it's going to eliminate some people, but not a lot, because, as investors, our number one skill is solving problems. This will not deter a highly competent real estate investor 100%.

Speaker 1:

Leon, please give us your thoughts on this.

Speaker 3:

Yeah, Steve is right. We talked about this many a time. We've been warning those that are in states that do not have regulations in regards to wholesaling that buckle up, it's coming your way. Virginia is just the next state to fall in line. We know that this comes from the Realtors Association not being able to get their commissions. That's ultimately what this Virginia law that's passed is going to do is get more licensed individuals in that state and ultimately put more commission into the Realtors Association of those cities and those states of Virginia. The one interesting thing I did find with this particular law that I don't remember reading on any of the other new laws is that you have to be. If you're buying with an LLC and you're looking to assign a contract, you have to have everyone that is a partner on that LLC. They have to be licensed. That's something that, even though we always are looking for workarounds, they're getting smarter when writing these laws 100%.

Speaker 1:

That's actually pretty interesting. Stratton, go ahead, and next point.

Speaker 4:

If we don't regulate ourselves, we will get appointed by the government is one thing that I think is very, very clear. We saw it with what Coinbase was trying to do. They were coming after Coinbase hard. Coinbase was trying to do like the best operators and they still. Honestly, they should probably leave the US and operate somewhere else.

Speaker 4:

This is not going to stop anything, in my personal opinion. All that's going to happen is that people will get licensed. It doesn't really do anything. Then transactional funding will become huge. It's a free market anyways. Free market always find a way to have a workaround of some other type of thing. I thought what Jerry Norton was trying to do was a really good idea. I know him and Zach Ginn kind of got into it. But it is the only real way. You got to have some type of regulatory body or some type of educational body. Or you start to see what's been happening with sub two, with a bunch of dipshits running around thinking every deal is a sub two, or locking up really, really high wholesale deals, making really big promises to people who need the money plan on these things. Then a falling out Is what I personally think of, why regulation would come. But then, like Leon said, it is because of the boomers in NAR who just want their money and to get paid.

Speaker 1:

Thank you, dion, my gosh Dean, my apologies, go ahead.

Speaker 5:

Am I looking tan today or something?

Speaker 1:

No, no, no, my fault.

Speaker 5:

Dion, I'm Dion, let's go Prontan.

Speaker 1:

My brothers.

Speaker 5:

I used to play with in junior high on my traveling basketball team used to call me Dion, sometimes just for fun. A wholesaling is something that's taught in class. If you're looking to get your real estate license, it's actually taught. So there's nothing wrong with wholesaling. The problem is, is the people that do bad business. They're the ones that create the lawsuits, they're the ones that create the new regulations. Right, that's all that comes together. So for me, if a license is required, that's just part of the deal. It's not too different than many other professionals that are dealing with assets, that are dealing with money, so I wouldn't be too surprised about it. But I don't like it. I don't like it at all. I don't like regulation. I don't like oversight, especially if it's a government. To Stratton's point. Let's keep them out of it. They'll mess it all up, so I'm not concerned about it.

Speaker 2:

So the one thing I don't like about the license and requirement is that we're going to, if you look at, the people that wholesale, generally speaking, these are the people that are a disenfranchised right. These are people that either a schooling didn't work out for them, the nine to five didn't work out for them, or they just don't have a very high trust in society. It is what it is. If you require licensing, then you require people to pass background checks, and then the question is should we require someone to pass background checks to be able to wholesale? My biggest fear is that there are a lot of people that turn their lives around that have questionable backgrounds. Right, they made some bad decisions at a previous point in their life and they cannot get licensed. And because they can't get licensed now, they're not allowed to wholesale. And then, when there's options, you can go wholesale in other states. But if this becomes true in all 50 states, that's my biggest fear we're going to be eliminating a group of people that have turned their lives around.

Speaker 4:

I don't think that'll even be the case, because I see transactional funding kind of being the thing that just solves it all, to where everything now becomes a double close and this is just the way the deals are done, and you bake that into your fees and everything else you do when you're running your numbers and that's the way that franchise is.

Speaker 2:

So then let's look at that right. This is why I hate regulation. Okay, so now we're bringing transactional funding. Now we got to price it into our offer. Now who loses? The freaking homeowner, the homeowner we're trying to protect. Now we have to pay them less. Now they're walking away with less money. So every time we try to fix anything, just screw more people.

Speaker 4:

It's not my problem.

Speaker 3:

Well, one other point on this, and this is where RJ would have good insight on this, because he wholesales in multiple cities, multiple states, right 50 states In fact. He tells us quite often if you're buying in Virginia and you're RJ, what's your solution? My guess is he would say that he's going to take down the deal and double close. But for those out there that are looking at adding the secondary market or tertiary market, make sure you know the laws of that state, because in Virginia you can no longer wholesale officially in that state. I think that it was two deals in 12 months. You couldn't do more than two in that particular state unless you had a license or you took the deal down.

Speaker 4:

That's why we don't go to attorney states Like New York sounds terrifying of having to do a deal and you have this attorney just like blowing it up. I would bet one in five deals gets blown up. Greg Helbeck would know a little bit more than I would. That's what it sounds like. Is like you got an attorney. Some random Joe Schmo is like no, we're not doing it. There could be massive conflicts of interest by using an attorney.

Speaker 5:

Where there's a will, there's a way. For me, steve's point earlier if it weeds people out and makes it harder for people, go find a partner, go be a deal finder, go work for somebody that's going to give you access to that opportunity still and find a way. I think one of the best things about being an entrepreneur is being resourceful. There's regulation, there's new obstacles. We'll just find a way around it.

Speaker 3:

What Dean just gave you great advice. I know a lot of big time agents that have real estate retail teams that are looking to add an investment arm. Guess what they have. They have a brokerage license and they could really use a partner to head up their investment division. If you're in Virginia and you're not sure what to do, I would be friend a broker as soon as you possibly could.

Speaker 2:

There's one more plug for installment methodcom.

Speaker 1:

Okay, wonderful round there, guys. As someone that's not in real estate, that was very informative. Obviously, it sounds like you just need to find a way around it. If there's going to be regulations, honestly, just learn what's going on. On to the next question, with new allegations claiming that Diddy secretly recorded artists unknowingly off guard for blackmail purposes, how do you handle a blackmail situation inside your business if two employees are trying to blackmail each other? Let's start with Dean on this one.

Speaker 5:

I plead the fifth, as the Dave Spell would say hey, if you got a video of yourself, it's kind of hard to plead the fifth. My advice is just don't do stuff that's going to get you in trouble. Just be a good person. Do the right thing. Be a good person. Don't have to worry about getting recorded. Man, I've had too many behind the scene backstage conversations where the person that was on stage is not the same person behind stage. What it's disheartening being in the locker room with some of these NFL guys. You see them on TV. They're the superstar with the family and then they're talking about being at the club with the girls and stuff like that. You're like okay, didn't know about that, but I guess that's how it is. That kind of stuff happens For me. I'm just going to be who I am and try to avoid that kind of stuff.

Speaker 1:

Okay, great answers. Be a good person, you won't get in trouble. I think that is what all our parents taught us. Steve, go ahead.

Speaker 2:

I mean we find out that one person is blackmailing another person, For sure we're firing the person that's blackmailing For sure. Like this, clearly not a good culture.

Speaker 3:

Was not the real person who they are, I would have imagined that what People on the main stage are not that's not really who they are Would have never guessed. Second, I would hope that I would never. Man, this is a tough one. I would hope that I would never have this situation and, by the way, since I'm the oldest person in Straten calls me the boomer of the group Gen X. By the way, I have no clue what's going on with this whole diddy thing and don't care. Frankly, but when it comes to my own team, I'm always going to do fact finding. This is going to require a full investigation because there's always a, he said. She said obviously, if there's a video involved, there's, there's evidence. I got to get both sides of this and clearly, if there are any core value violations, then one or both or more have to go. That's just as simple as that. No matter where they are within the org chart, there's a core value violation. They got to go 100%.

Speaker 1:

I agree with that. One Straten go ahead, Lead us off.

Speaker 4:

At first my first thing that came to my mind was like man fire, fucking both of them. I don't have that time for this bullshit. Honestly, I was like if you're telling each other like we're culturally, it's not a good fit. And whenever I've dealt with employees who have like really serious issues this happens a lot I primarily only handle women, for whatever reason. Women are very catty Right there.

Speaker 4:

Leon was saying this the other day and I had two heads of two different apartments Just going at it, coming me, tell me hey, this person's doing that, this person's doing that. I got on a zoom call both of them. I said you two do not like each other. I could give two fucks less. You two need to figure this out, talk about it and then we can go from there. If we continue to have problems, we're probably gonna have to move on from both of you so we can move our culture forward. If not, and you guys can figure it out, awesome. And then, as far as getting blackmailed yourself, I am one who says outlandish things in public so I cannot get in trouble for those things. Brown, is Evident and very clear that I am who I say I am and it's made my life a lot easier because someone can tell he said this. No one's gonna be like amazed, like that. That's probably right.

Speaker 3:

It sounds like an RJ Bates answer. I am who I am.

Speaker 2:

Did everyone ready to go?

Speaker 1:

Yes.

Speaker 2:

Yeah, okay, all right. So I'll be clear. Nobody knows who's trying this. I don't know why he would say everyone knows the strident. I'm gonna put that up there, I'll be crystal clear. Nobody knows who's trying this. But isn't it crazy, these allegations? I mean I'm reading and I shouldn't be reading these things right, like meek mill usher. It's Insane, outlandish. This is a guy I mean he did. He's basically become the next Epstein, right, like I thought I saw some headline. I didn't click on it. It was like you know, he did. He's just like a wine scene, but maybe more about like. No, he's more like Epstein. He is. Yeah, he's doing CIA Psyops, where he's just spying on people, blackmailing people and getting them to do whatever, whatever he wants me to do. It's um, I can't remember which video I saw a long time ago, right, but one of the bodyguards for ditty. It's like did I just hear ditty say that if I have to kill Biggie, I will? And it's like well, now, you watched all this stuff.

Speaker 3:

This sounds like Steve. This sounds like this is unlike you. I can't see you going down this internet troll hole that you've gone down into and Kept you away from all the goals that you have in your business. This, this, this is is this a distraction for you, steve?

Speaker 2:

It's a hundred percent a distraction. But look, I am a professional and I wanted to be prepared for ptd, so I did my research.

Speaker 4:

Just want a hundred percent Steve's question and write down his ally. He loves it. Me and Steve have some great conversations. That's how I know. This is right now Steve's oh for sure, for sure.

Speaker 2:

Strangest, we're trying to blackmail people forever and I've been coaching them right. He's trying to give me some information, some dirt on dean, like how do we leverage this Right, and we can't figure it out because he's squeaky clean captain america.

Speaker 5:

We're trying.

Speaker 3:

When stratton said earlier, he said that, uh, in the past he, you know he would have just said get rid of, get rid of him without doing any type of investigation. That's because that's, that's what you would have been if you're a young Business owner. Right in time you realize that the the initial things that you hear are not always true. So you take the time and see there isn't advantage. To be an older doesn't mean that you can get up and down the court the same way you used to be able. What your wives are up here is you got to use this.

Speaker 5:

Yeah, I think this goes back to uh, just the culture that you have as as a company. You got to see this ahead. If you're hiring the right people, they're fitting into your culture and you should eliminate this kind of drama from the get go. So, um, I think if you're finding drama like this, you just didn't do a good enough job up front. Uh, screen in that person.

Speaker 2:

Well so yeah to To echelotratton's point I personally love drama as long as it doesn't involve anyone. I know, right, I don't have time for tv Right. So like, when you see this stuff pop up here in there, it's like it's entertaining, right, real life drama, it's entertaining 100% you just admitted to watching the real house housewives of Beverly Hills.

Speaker 5:

No it's.

Speaker 2:

I don't watch tv. I like to watch real drama, right like Stratton's sending me stuff and we laugh about it like little. We giggle about it like little school girls. It's good to know.

Speaker 4:

Oh man, I need to figure out a way to like talk about that in public. I just don't know if I want to bring that type of energy into my life. I feel like I need to, just because it's such nonsense.

Speaker 2:

Yeah, so that's that's gonna be the upsell, right like After after the live feed ends. You want to hear the real backstories backstage and that's the upsell.

Speaker 1:

All right, um, first of all, steve, I don't know what you're doing your free time now. I'm worried. Uh, the fact that you know all this about the diddy situation you almost know more than me is kind of a little weird, but that's what you're the one educating me yesterday. I did. I told you, but I told you about the usher in um Meek Mill Park, but you look like you went and learn more, so I don't know if Steve a whole 30 minute presentation.

Speaker 1:

He asked me the question about what was happening. I told him I went down what I understood.

Speaker 2:

That's gonna be my cg presentation next week, by the way.

Speaker 3:

Yes, you gotta have at least one slide with this Presentation next week.

Speaker 1:

I hope you does not Not only I will laugh. Oh, yes, okay, going on to our viral video this week. Uh, go ahead and run the video.

Speaker 5:

Kyle filipowski is being helped off by members of the Duke staff and you saw surrounding him as this court storming is in full effect.

Speaker 1:

Okay. So with with March Madness coming up, um, you know college is being big right now. Duke star Kyle filipowski Get was got hurt by getting stormed on the court by Uh wake force after their loss to them. Should the nca ban fan storming from the court or does it take away from the college sports atmosphere? Steve, we're gonna start with you.

Speaker 2:

No, I I don't think they should ban it. I think it's an it's an insane idea to ban it. This is part of what's fun About college sports. It's also one of the reasons why I don't watch college sports. But as part of the fun is like you get all the students section and they're jacked up and excited. I think all they need to do Is just have security, just hold the line for a minute, let the players get off the court and then start with the court. Don't remove the fun part. This is like remember when the rams are going crazy and they're getting penalized in the end zone for celebrating. Like don't remove the fun part of the game, just add a little bit. Just use your brain a little bit more and add a little bit safety.

Speaker 1:

To be fair when I want. When I was choosing colleges, that's one of the things I actually always wanted to do, so I can agree with you there.

Speaker 3:

Well, they can't ban it because most schools don't have the resources To implement some of the solutions that have been presented. First and foremost, um, you know, from a solution standpoint, I don't think that Most universities mid majors, because where does this happen the most? This happens at tournament time, where mid majors get into the NCAA tournament for the first time, and 16, 20 years, what have you? And so it's part of the college experience. So I I do think that this is the simple solution. If you have To steve's point, but just a little bit more where you have a specific, especially during times where you know there may be an upset, where you have a specific security detail that grants safe passage for the opposing team. That's it, simple as that. In that particular video, if you watch, if there was a security group that eight to 10 people, if they just grabbed and went around all of the Duke players, then that doesn't happen. I think that's a simple and easy solution for the smallest schools.

Speaker 1:

I like that Shratan. What do you have on this?

Speaker 4:

The only people who want to ban this are old Watts and Boomers and the quarterback QBs in the comments. If you think about it, those are the only people want to do it. Because college basketball is unbearable to watch. The only thing that is good about it is the fact that there's all that emotion and stuff where people do rush the court. Besides that, who watches college basketball? It's like watching Steve Train and Leon G Barnes play basketball. They're so fun. Like there's zero athleticism, there's no star power, no one's getting dumped on. Like it is beyond me that people still watch this shit. And then now you want to take out the best part. That's crazy.

Speaker 4:

I think what Leon proposed of, just like college football, when the coaches run out to do a handshake, there's a cop right there and nothing's ever happened. Because that dude's there and you'll probably get messed up if you run up on Nick Saber, but that is probably your best possible solution. And for people saying the NCAA should do something within the next three to five years, the NCAA is going to be bankrupt because all the schools are going to leave. There's not going to be anybody there. They're not going to have any regulatory power in any ways. Man, college basketball needs this if it wants to stay relevant, because the only time people even start to watch it is during this time when those people go high, 100%.

Speaker 1:

I'm only watching college because of this, watching Steve and Leon play college basketball probably the funny thing. Mainly Steve Dean, go ahead.

Speaker 5:

So I think of this in terms of playing basketball. Pick a basketball with people that aren't good. I don't want to do it, because usually there are people that don't have control of their bodies, they go extra hard. People get hurt. So when people are storming the court and they're rushing in tight quarters, you can see that one girl that ran into the player and flew to the ground got blasted. It just sucks. It just sucks that it happened, because this is one of the best parts of college sports To play at a place like that. It's not even like that in the professional level. So it's the highlight when you go to a school that has passion like that. That's why you went. You went for the experience. So I think if they get rid of it, it gets rid of the atmosphere. It's nothing like it would be in Stratton's right. Watching college basketball sucks. No one's scoring. They score like 50 points. It's not too exciting, except for that.

Speaker 2:

So if I could just illustrate something, if you could just imagine a bunch of old people, right Like 40 plus, playing pick a basketball and you invite your friend Stratton to play because he's supposed to be an athlete and the one time he plays with you he breaks his ankle. And this guy's questioning our athleticism. This guy couldn't even keep up with a bunch of 40 plus old dudes.

Speaker 4:

Can you see my camera? Steve jumps like this, like.

Speaker 2:

I said it's safe, it's safe. We're breaking ankles over here. That is safe, that is very, very safe he can pass the ball very well.

Speaker 4:

He's got that old man jog, he's going to get that midi shot in and then he's just going to get another old man shuffle if it's not a pass break. And that's how it goes.

Speaker 2:

Yeah, but we're safe. The other thing, too, is I want to look at the proposal, the solution. We're saying we should ban this. If you listen to that video, the guy's like we should ban this. This is terrible, and that is the classic example of changing things to fix things that ends up ruining things, like we talked about where it's the first question regulation.

Speaker 3:

So to Stratton's point about college football. You have a security detail, and there's generally local cops, sheriffs, what have you. You always have a security detail for the important people on a college football field. This has only happened where injuries have occurred. There's twice this year with Caitlin Clark it happened, but in the past, how many times have we heard about injury? I do say this, though there is one change the kids that are running on to the courts these days are not going on to the court just to jump up and down like they used to and get on a sports center moment. Now this has come into play. They're recording themselves on TikTok or what have you, and they're not watching where they're going and they're just running on to the court. And so I'm not saying ban it by any means. That's a college experience, but because of this device, we've now gotten into a point where you've got just kids running on to the court. You've got to make some adjustments, and that would be as simple as a security detail for the opposing team.

Speaker 1:

OK, yep.

Speaker 2:

Simple, elegant solutions Ascurity gives time. That's it. This idea of canceling it is just a ridiculous overreaction.

Speaker 3:

Cancel culture right. Fire this person, get rid of this and get rid of that. That sells well, doesn't sell newspapers anymore, but it gets clicks right.

Speaker 1:

I kind of agree. I think the men's game really needs this because the men's fastball is terrible Everyone just watching Kates and Clark now. So men's fastball needs something. If they get rid of this, I don't know what they're going to watch. Before we go on to our next question, let's get a word from our sponsor, Pat.

Speaker 6:

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Speaker 1:

Acoustic Force Media for all the work you do behind the scenes for PTD, making everyone look great. Now we're going on to our sports question of the week. Would the NBA seemingly trying to find a way to make the game more balanced as far as scoring and defense of the game?

Speaker 4:

It's going to be a hot take no more guaranteed money. I think it's kind of ruined the basketball game because you got like Jordan Poole making $130 million a year and he's absolutely trashed Right. You need to have dudes out there who are dogs, who are ready to murder to win a game To our nail. Everybody's fat and happy and so like there's no mama mentality, there's no Jordan mentality. You don't see that in the sport of basketball anymore of guys who are really willing to risk it all. I think there needs to be less games on top of that, because it's almost like college basketball to where regular season's unbearable.

Speaker 4:

I turned it on the other day because there's like LA versus another, like the Warriors, and Kalani is like why are we watching this? This is dumb. And she's a basketball fan. She's like it doesn't matter until the playoffs. The playoffs are when you really start to watch NBA basketball and then I think, if you really want to catch up with the NFL, the one thing the NFL has done amazingly is they are integrated into the American culture. To watch football is to be American, and so we'd have to find if they really want to step it up to the next level. They got to kind of take a note from them. But I think it needs to be more killers on the court, less games, and then there should be a mandatory amount of games played in order to win any type of award. That goes into, like your pedigree of being able to get in the hall of fame.

Speaker 1:

Well, take it from a football guy to tell the basketball players they do not need guaranteed money. That sounds like a football guy, dean, go ahead.

Speaker 5:

So here's the truth Scoring sells tickets and this is a money driven sport. Every professional sport is money driven. So the reason you have the LeBron Jersey, the Kobe Jersey, the Jordan Jersey, because they were scores. It might have been good at defense too, and all three of them are, but they score. So that goes for any sport. You look at the NFL they're protecting the quarterbacks, the running backs, the receivers, trying to protect them as much as they can. So scoring sells tickets.

Speaker 5:

If you want to balance the game, if we're talking about less scoring, more defense, you got to stop calling these weak ass files. I mean, bring back the refs that we had when there was Larry Bird, Magic Johnson, Michael Jordan, Shaq. They were fouling the hell out of people and throwing forearms and letting them play the game. So if you want to have these tiki-tak fouls, then you're going to have a lot more scoring, a lot of people backing up off of defense. But if you want some tough D, you've got to bring back tougher baskets and that's going to make people work harder for those baskets.

Speaker 1:

I feel like I entered the old head conversation of basketball today. Steve, go ahead, you're next.

Speaker 2:

You're not going to hear a lot different. So I think the big thing is just consistent officiating. I feel like the thing that draws, the thing that's most frustrating watching the game, is inconsistent officiating. I'm going to hurt our resident Lakers fan here, but the Lakers get more calls. The big city teams just get more calls because it's a business. So I think if they have more consistent officiating that'd be interesting.

Speaker 2:

I still can't today figure out what the hell is the take foul once and that because obvious take fouls aren't take fouls and then what are not take fouls are called take fouls. I think there should be a time limit on reviews, just kind of like the NFL. If you can't figure out in 30 seconds, move on. This two minute review thing is aggravating. I think there should be two reviews, because how much the officiating sucks, I think we should have. They should actually call hand checking Right. Drew Holiday can basically butt-hump you the entire court. You don't call that foul Right, like you should be able. Leaning on a player should be a foul. It used to be a foul. And then the last thing is stop calling bell-off fouls Right, like Yana's running full speed and throwing the ball up and then calling a touch foul. That's not basketball. So you got to call fouls when they actually were trying to score, versus initiate a bunch of contact and then throwing it up and calling a foul. So that was my list.

Speaker 1:

I like all your lists up for one of them, leon.

Speaker 3:

I think everyone gave some great points here. I personally think that the game is in a good spot. You look at all the young stars in the NBA right now. Having a 12-year-old son that's a huge NBA fan. You know there was a time there where we didn't have all these young stars scoring to Dean's point at the level that they are and fans of players more so than they ever have been and more so than teams Right. The other part of this that I do like about the NBA that I think they've done well is you've got nontraditional powers actually winning championships Milwaukee, toronto, denver. That's exciting for the league.

Speaker 3:

If I did make some changes, it would be to some of these violations and some of the officiating. I would clean that up as much as possible. I think the biggest thing for me as a guy that coaches youth basketball is we've got to hold NBA players, professional basketball players, the best in the world. We have to hold them accountable to the same violations that we are holding our kids accountable to. If I talk to a kid at night and he says, hey, I can do this move because I saw Steph Curry do it last night, I'm like no, that's a violation, I can't do that.

Speaker 1:

Bring back caring in the NBA. I'm with you, Leon. He hasn't got your butt.

Speaker 2:

Yeah and I would go. I would say the other thing too is if we had the NBA, it would be interesting if they changed the way the players come out to be as passionate as they do in Europe because they're doing something right in Europe. All the guys that are making it here from Europe are all around great skilled players. It's fun to watch, right Like Nikola Jokic, he doesn't even care about basketball and he's the best player in the world.

Speaker 3:

So this is something that American basketball should be really evaluating. If you look at all the mock drafts for this year on the NBA draft, I think the top 10, seven of them are foreign born players or G league players. So that is a potential issue for USA basketball. But again, I added this when we were talking about the tournament, the N-season tournament, which I thought was a good updated, something different for the NBA, especially the courts. They were fun that I've obviously added some social media presence for them. But I do think this is where you marry the two. I mentioned this before. I think the best thing you could do for that N-season tournament is figure out a way logistically to get the champions from Europe and the champions from other countries right the highest level leagues, the French league, the Italian league, the Greek league, all of those leagues and have them come over here and play in that tournament and get the exposure. I think that's the second idea. That would change the game and make it even better.

Speaker 4:

That would take it really global though.

Speaker 3:

Right, how cool would that be that the N-season tournament is just like UEFA, like for soccer, right? You have all the champions, the champions league, playing each other.

Speaker 2:

And the PTD group right Like having the five of us here running team. That'd be cool.

Speaker 5:

That will be good. I was just surprised to hear that Steve didn't like the butt humping up and down the core. I thought that was something that would excite him and get him engaged in the game, like, hey, come check this out, this game is great. You know, like I just was surprised by that.

Speaker 2:

But you see, right, like Drew, holiday's defense is digging his hip into your hip. How's his defense?

Speaker 3:

Hey, dean deserves five to 10 points on that one. Well done, I caught that and didn't go for it. Dean went after it. I love it.

Speaker 2:

The part I said I didn't like it. I didn't like it.

Speaker 5:

Yeah, no, I was surprised, that's what I was saying, I was surprised that you didn't like it I thought you'd be extremely excited by it, and I want to see more.

Speaker 2:

Okay, we're going to have to really clean up this bench.

Speaker 3:

What do you say, Fred?

Speaker 4:

That's what they all said. You know like. You know, like all those people in government who are coming after the gays and then it turns out they're having, like all these gay sex parties. That's Steve.

Speaker 2:

Thank you, thank you, all right, so submit all your complaints to at strat daddy. That's S-T-R-A-T-T. Ask strat daddy.

Speaker 1:

So now your complaints, oh wow Okay, I did not expect that question to take that turn. Thank you, dean, for that one. Where should I go into the next one and act like that didn't happen? Last question of the day with Bitcoin being just under 60K for nearly two years and now rebounding to over 60K, what investment have you held on for a long time finally making a return? And I'm going to add in you can also say did Steve make a good investment with his NFT? Try, and we'll lead you off.

Speaker 4:

Steve made the best investment that he could at that point in time with the NFT. You know I'll back him up on that. But I think for me personally I'm not a boomer like Leon where I'm holding on to stuff forever, to where I can like see if this one was a stinker and then it went up and all reality. The number one best investment I've ever made that I've held on to is myself and sticking into business, because every other day I'm like man, should I be doing this shit? This shit is really really hard, but sticking in the game, getting a return on my skills and everything. And then I'd say the second best investment has been investing in my network and friend group to where I've had over the last month. I've had like a two hour conversation with Dean.

Speaker 4:

I've talked to Steve like three different times about some things I'm going through as far as the decision I want to make in a company and having those friends and investing in that network, because I wouldn't have known Steve unless I would have used my tax return to go to his first event and that was still an investment that paid off. That is, my entire network has come from that event and anybody in the real estate space. If I want to talk to them, I can. I'm only one person away. I can send someone a text message back. Hey, I'd love to talk to so and so and I can get put in a group chat.

Speaker 1:

You know I'm a little skeptical. Steve was talking about the button grind and last video, last question and the first question, you, shredden were talking about your guys's talks and Shredden was again talked about the talks that are so great. I'm a little skeptical of you two. Where should I go to Dean?

Speaker 5:

So I whoever came up with this question, saying that it's been nearly two years that they waited to see a Bitcoin rebound, is clearly someone in like Gen Alpha or something like that half of their life. Because for me, waiting long term for return is everything. Everything I've done in my life Just like Stratton, like investing in myself, investing in my wholesaling and flipping business, investing in my rentals Nothing was overnight. It all took time. I made mistakes throughout the journey and because I stuck with it and didn't give up, I'm where I'm at now and if I think back in terms of two years, if it didn't work out in two years, I'm going to switch gears and burn the boats. Man, I would have been stuck at a nine to five job and would have never got to where I hoped and dreamed.

Speaker 1:

I like that Steve.

Speaker 2:

Yeah, I mean, I think if Dean gave up his real estate dreams and just went back to his nine to five of playing for the chargers, oh, awful that would have been just the worst.

Speaker 2:

So for myself, we got this thing over here right. It was not such a good investment. I'm still waiting. Still waiting for it to come back. But real estate we all talk about, like don't wait to buy real estate, buy real estate and wait, right, that's been said forever. My primary residence I bought it for $290. It went down to $150, right, and that recession between 2008 and 2011,. You stuck around right, and now it's worth $500 if I held on to it. I sold it when I upgraded my home, but it went up right. When I sold it, it was for a profit. So real estate, I mean, is not a better investment than buying real estate and waiting?

Speaker 1:

Okay, Like that answers Leon.

Speaker 3:

So first, we've established that horrible NFT behind Steve is. It was a horrible investment, but the best fleck ever, based upon how much money he made that year. So we know it's a flecks and we can appreciate it. On the show, the being yourself right. Whoever wrote this is in their 20s because you're 25, right, you know. I think back to and there's going to be some people that are watching this, that are still in their W2, that are investing in real estate right now and looking to make that jump.

Speaker 3:

And here's one outside of the investing in myself. While I was at that W2, I did every match that I possibly could on a 401k and 2008,. I saw that 401k go from a decent six figure number to a half of that number overnight and in three years later, when I left corporate America, I had some of that money come back, but nowhere near where it was in 2007. So 11 years I had put into that 401k 11 years and I could not control any bit of that. The market controlled what I made, what I did make on that particular investment strategy. When I left that, guess what I rolled it into? I rolled it into real estate. I now control that longterm investment and I'm seeing a much better return today.

Speaker 2:

Yeah, and then just you know, yeah, that was a stupid purchase, but it did turn into the whale club, right, like it did turn into connecting with another guy that was in a blockchain, and Leon connected Paul Sparks and myself and now we've got the whale club. And the whale club is one of the most exciting things because we actually get to help business owners and entrepreneurs grow their businesses the right way, versus how we mostly do it, which is the rush way and bloody mess, throwing spaghetti at the wall.

Speaker 3:

It's interesting that a that a digital currency infactuation is what I'll call it between you and others within the community turned into something that was more about doing what you want to do in life versus doing more.

Speaker 2:

Isn't that interesting how that transition yeah, it was the exact opposite, right.

Speaker 3:

Chasing more.

Speaker 2:

Chasing more led me to figure out oh, I should stop chasing more.

Speaker 3:

Yeah, so that NFT is not as useless as as Strat Daddy thinks it is.

Speaker 2:

Yeah, it is now more valuable than the cost of the canvas.

Speaker 3:

Yes.

Speaker 4:

Something that's worth it.

Speaker 3:

It's fucking two whole years, two whole years.

Speaker 5:

Two years, the two long years.

Speaker 4:

Two years. Things kind of blew me away. I was like man, I haven't held anything, like two years doesn't change anything and like I don't want to compare it to I was like you held rentals for like three, four years and like we aren't seeing a massive change.

Speaker 2:

No, I think you guys need to stop attacking Aaron. Be nice to Aaron. He stepped in his life's minutes, so be nicer to him.

Speaker 3:

Yeah, I mean, two years can make a difference, right? If you are in 2006 and you bought about a bunch of houses here in Florida, two years makes a big difference for you, right? 2008 comes around and, all of a sudden, every one of those you can't pay for anymore. So two years can make a difference, but when it comes to your life and what you're investing in, it's a blip.

Speaker 2:

Yeah, I would still trade to be the person who thinks two years is a long time. I'd rather be that person right, all the wisdom at this age, or just to be 25 again. I think I would still pick 25 again.

Speaker 3:

Yeah, I mean two years. That's a standard RJ based answer on the show.

Speaker 1:

All right. So, we somehow have a tie. I don't know how that happened and, to be fair, everyone's asking who made this question. I'm almost 25. So he has a one to be 25.

Speaker 6:

Almost.

Speaker 3:

That's what my six year old says. I'm 24 and a half.

Speaker 1:

No, no, no, I'm over a half. Trust me, I'm not ready to get there. So two years to me was a long time. Yes, 100%. Two years to me was when I said a long time. But we have a tie here Nearly two years, nearly two. I don't know who I want to give it to. We have Steve or Leon. One of these guys cuts my check. The other guy is a Wigital State fan.

Speaker 3:

I don't know, not just fan. I'm going to love this. Now Come on.

Speaker 1:

That is true, that is true.

Speaker 4:

Wait, hold up, Before you make this. The only way Leon's able to win is if Dean's able to join CG.

Speaker 5:

And also didn't Steve, or was it Leon that? I think it was. Leon gave me an extra five to 10 points Did that come from yours personally, I don't think that's how that works.

Speaker 2:

I don't think that's how this works.

Speaker 4:

I will back up Leon's extra five points.

Speaker 3:

I bequeathed him five of my points. How about me?

Speaker 2:

I didn't know you passed. So I'm, I didn't know we're dealing with Leon's inheritance here, all right.

Speaker 1:

So I didn't know that you were actually giving him your five points, but it sounds like the panel. The panel is going with Leon here and I know.

Speaker 4:

No no.

Speaker 1:

Only.

Speaker 4:

Leon can win. Exactly, I think Dean can join CG. Oh, you're right.

Speaker 3:

You're right.

Speaker 4:

That's the only way it's possible.

Speaker 3:

I veto, veto, veto I give Dean my points, so therefore Dean wins.

Speaker 5:

Yeah, see, I won. I knew it.

Speaker 2:

All right, so you.

Speaker 1:

I'm so confused.

Speaker 2:

Is it slander or is it liable? I don't know what it is that Dean did, but he can't win by slandering.

Speaker 5:

The guys are writing everybody what happened earlier with all the great things I made in the You're?

Speaker 2:

just reminiscent.

Speaker 5:

All right, so it's all upon me.

Speaker 1:

All right, so I'm going to. I'm going to stop here and veto, so I'm going to give the win to Steve this week, even though you guys are all wanted to be the Dean, it is not. It's not favoritism at all. Is it not favoritism at all? It is not.

Speaker 4:

But we're going to go and go to the outro it's because we like your question, bro. That's what it is. It's because we all shit on his question.

Speaker 1:

No, I'm not offended by the question. If anything, if anything, it made me feel good. You're like, if two years of a long time, you must be young. Yeah, two years is a long time for me.

Speaker 3:

So yeah, that is a total 24 and a half year old response.

Speaker 1:

That's what that is I'm over 24 and a half. It's like it's it's an April, so it's like a month. Anyway, it's going to out so Steve said.

Speaker 5:

He said he wanted to be him too. So he's just, he's just, he's getting extra points.

Speaker 1:

Oh my gosh, this is bullshit, bro.

Speaker 4:

It's rigged, it's rigged.

Speaker 2:

Why don't you go look at the documentary Stratton about the mule and PTD? Why don't you go do that 20, 20 muleptdcom. That's what Stratton is going to go record.

Speaker 1:

I know I'm going to get shit from RJ too for this, so go ahead, steve, you can go ahead to start with the outros.

Speaker 2:

Yeah, I mean fun show. We got to talk a lot more than I thought we would, you know with with some of the questions we're able to go take some tangents and I guess we surprised Leon again. I feel like every time we do this show Leon learns a little bit more about myself. It surprises him and kind of disappoints him. I can see that. That father, the look I used to get from my dad. I kind of see that in Leon's face. But it's fine. It's fine, I don't need therapy. So fun show. Today Got to really see Dean, captain America, for the first time. And I promise you, stratton and I will continue to figure out how we can blackmail you.

Speaker 5:

You can try, keep trying.

Speaker 1:

Stephen Stratton is the weirdest relationship I've ever seen in my life. Leon, please go ahead.

Speaker 3:

Stratton, dean, great to see you both again. I'm getting a little worried about my friend over here. Steve, I'm pretty sure, after all we talked about earlier, dean, with the basketball reference that you talked about, he just called me his daddy, so I'm going to leave it there. Great to see you all. Have a great rest of your week.

Speaker 1:

Oh my gosh, okay, stratton, please, they're invited people.

Speaker 4:

To start it off Give me Trump or give me death, boys, as always. And then Dean Rogers belongs in CG. I got to make like a grandstanding Working on it. It's ridiculous that he is not in there. Like some random dude could veto him for no reason. Like the oligarchy, the oldness of it. It's ridiculous. Dean Rogers deserves to be there. Besides that, we got the Deal Champ Summit coming up on April 19th and 20th. Steve will be there, rj Bates will. Leon, we'd love to have you, and we're going to have some of the best operators in the real estate space come to talk about everything under the Sun Girl State. And if you guys need any VA's for your company, go to virtualhelpio.

Speaker 2:

I'm glad you're able to settle for RJ.

Speaker 1:

Oh my gosh. Okay, dean, please say bye to the people.

Speaker 5:

Hey, thanks for having me back. Guys Shout out for Deal Champ Summit. You guys can check it out. Dealchampscom, dealchampscom, forward slash summit, to check out the event. It's going to be incredible but great to be back. I'm just, I'm really trying to envision Steve and Strat giggling like little schoolgirls. Like Steve said, that's going to haunt me through the rest of the day. I'm going to try to get a really good workout, lift something heavy, to just flush it out of my system. So, yeah, thanks for that, and you know, captain America signing off, thanks for having me.

Speaker 2:

Yeah, and just one more plug, right, dealchamps, you guys should definitely check it out, right? I mean, we give these strattens a lot of crap, right, but I think what Stratten's doing, what Dean is doing, what you guys are all doing with Dealchamps, you know, if you guys listen to this, you guys especially if you're in the California area you guys should definitely go check it out.

Speaker 1:

Thank you, Steve-o 100% Well, thank you guys. It was fun Showed you guys. Hope you guys enjoyed it as much as we had recording it and see you guys next week. Bye, bye, bye.

Real Estate Licensing for Wholesalers
Behind-the-Scenes NFL Player Culture
Controversy Over College Sports Atmosphere
Debate on NBA Game Changes
Investing in Self and Network Success
Endorsement for Dealchamps Fitness Program