{"version":"1.0.0","segments":[{"speaker":"Average Joe Finances","startTime":0.299,"endTime":0.899,"body":"Hey everybody."},{"speaker":"Average Joe Finances","startTime":0.899,"endTime":3.12,"body":"Welcome back to the average"},{"speaker":"Average Joe Finances","startTime":0.899,"endTime":3.12,"body":"Joe finances podcast."},{"speaker":"Average Joe Finances","startTime":3.12,"endTime":7.17,"body":"I'm your host, Mike Cavaggioni and"},{"speaker":"Average Joe Finances","startTime":3.12,"endTime":7.17,"body":"today's guest is Ruben Dominguez."},{"speaker":"Average Joe Finances","startTime":7.47,"endTime":9.63,"body":"Ruben, I'm super excited"},{"speaker":"Average Joe Finances","startTime":7.47,"endTime":9.63,"body":"to talk to you today."},{"speaker":"Average Joe Finances","startTime":9.706,"endTime":10.436,"body":"Let's do this."},{"speaker":"Ruben Dominguez","startTime":10.586,"endTime":11.006,"body":"Awesome."},{"speaker":"Ruben Dominguez","startTime":11.006,"endTime":11.516,"body":"Thanks, Mike."},{"speaker":"Ruben Dominguez","startTime":11.516,"endTime":12.596,"body":"I appreciate you having me on."},{"speaker":"Average Joe Finances","startTime":12.896,"endTime":13.646,"body":"Yeah, absolutely."},{"speaker":"Average Joe Finances","startTime":13.696,"endTime":15.886,"body":"So the first question I'd like"},{"speaker":"Average Joe Finances","startTime":13.696,"endTime":15.886,"body":"to ask you is the same thing."},{"speaker":"Average Joe Finances","startTime":15.886,"endTime":17.506,"body":"I ask everybody that comes on this show."},{"speaker":"Average Joe Finances","startTime":17.686,"endTime":19.456,"body":"We wanna get to know who Ruben is."},{"speaker":"Average Joe Finances","startTime":19.726,"endTime":22.751,"body":"So if you could share a little bit"},{"speaker":"Average Joe Finances","startTime":19.726,"endTime":22.751,"body":"about yourself, how did this all start"},{"speaker":"Average Joe Finances","startTime":22.751,"endTime":24.041,"body":"for you share your story with us."},{"speaker":"Ruben Dominguez","startTime":24.191,"endTime":24.791,"body":"You got it."},{"speaker":"Ruben Dominguez","startTime":24.791,"endTime":25.631,"body":"So I."},{"speaker":"Ruben Dominguez","startTime":25.931,"endTime":28.391,"body":"I was in the corporate"},{"speaker":"Ruben Dominguez","startTime":25.931,"endTime":28.391,"body":"world for a long time."},{"speaker":"Ruben Dominguez","startTime":28.421,"endTime":31.871,"body":"I started in it and I had"},{"speaker":"Ruben Dominguez","startTime":28.421,"endTime":31.871,"body":"some various leadership roles."},{"speaker":"Ruben Dominguez","startTime":31.871,"endTime":35.613,"body":"We,  I did operations in it and"},{"speaker":"Ruben Dominguez","startTime":31.871,"endTime":35.613,"body":"I was in charge of, some support."},{"speaker":"Ruben Dominguez","startTime":35.613,"endTime":39.83,"body":"And then I moved up and, I started to,"},{"speaker":"Ruben Dominguez","startTime":35.613,"endTime":39.83,"body":"have a little bit more responsibility"},{"speaker":"Ruben Dominguez","startTime":39.86,"endTime":41.36,"body":"and, and now we're in real estate."},{"speaker":"Ruben Dominguez","startTime":41.36,"endTime":43.37,"body":"And to make a long story"},{"speaker":"Ruben Dominguez","startTime":41.36,"endTime":43.37,"body":"short, I would look at."},{"speaker":"Ruben Dominguez","startTime":43.461,"endTime":47.001,"body":"I would look at my boss and my"},{"speaker":"Ruben Dominguez","startTime":43.461,"endTime":47.001,"body":"boss's boss and I would, it was"},{"speaker":"Ruben Dominguez","startTime":47.001,"endTime":48.711,"body":"like, okay, I'm gonna get that role."},{"speaker":"Ruben Dominguez","startTime":48.711,"endTime":52.251,"body":"And it's gonna be a little bit more"},{"speaker":"Ruben Dominguez","startTime":48.711,"endTime":52.251,"body":"money and a lot more time and stress."},{"speaker":"Ruben Dominguez","startTime":52.434,"endTime":56.351,"body":"And,  I had kids at home at the"},{"speaker":"Ruben Dominguez","startTime":52.434,"endTime":56.351,"body":"time and they were little and"},{"speaker":"Ruben Dominguez","startTime":56.351,"endTime":57.834,"body":"I would come home from work."},{"speaker":"Ruben Dominguez","startTime":57.894,"endTime":61.44,"body":"And sometimes I'd never see 'em cuz I'd"},{"speaker":"Ruben Dominguez","startTime":57.894,"endTime":61.44,"body":"get up in the morning and leave to go to"},{"speaker":"Ruben Dominguez","startTime":61.44,"endTime":65.37,"body":"work, get there early, before they wake up"},{"speaker":"Ruben Dominguez","startTime":61.44,"endTime":65.37,"body":"and then I come home or they'd be asleep"},{"speaker":"Ruben Dominguez","startTime":65.37,"endTime":66.76,"body":"already cuz they're little at the time."},{"speaker":"Ruben Dominguez","startTime":66.91,"endTime":69.88,"body":"And My wife would tell me all"},{"speaker":"Ruben Dominguez","startTime":66.91,"endTime":69.88,"body":"the cool things they did all day."},{"speaker":"Ruben Dominguez","startTime":69.88,"endTime":72.94,"body":"And I was like, man, I am"},{"speaker":"Ruben Dominguez","startTime":69.88,"endTime":72.94,"body":"missing my kids growing up."},{"speaker":"Ruben Dominguez","startTime":73.24,"endTime":77.502,"body":"And,  and working super hard at this"},{"speaker":"Ruben Dominguez","startTime":73.24,"endTime":77.502,"body":"job and lots of stress and, over"},{"speaker":"Ruben Dominguez","startTime":77.502,"endTime":81.975,"body":"time and traveling and all kinds of"},{"speaker":"Ruben Dominguez","startTime":77.502,"endTime":81.975,"body":"stuff and doing very well at my job."},{"speaker":"Ruben Dominguez","startTime":81.975,"endTime":85.408,"body":"But, just the time factor was just, I"},{"speaker":"Ruben Dominguez","startTime":81.975,"endTime":85.408,"body":"said, there's gotta be a better way."},{"speaker":"Ruben Dominguez","startTime":85.408,"endTime":89.182,"body":"We started,  buying single family"},{"speaker":"Ruben Dominguez","startTime":85.408,"endTime":89.182,"body":"houses and renting them out."},{"speaker":"Ruben Dominguez","startTime":89.347,"endTime":93.447,"body":"We learned about the BRRRR strategy,"},{"speaker":"Ruben Dominguez","startTime":89.347,"endTime":93.447,"body":"which is basically you buy it, you rehab"},{"speaker":"Ruben Dominguez","startTime":93.447,"endTime":97.077,"body":"it, you refinance it, you rent it out"},{"speaker":"Ruben Dominguez","startTime":93.447,"endTime":97.077,"body":"and then you do that over and over again."},{"speaker":"Ruben Dominguez","startTime":97.082,"endTime":98.457,"body":"And, that went really well."},{"speaker":"Ruben Dominguez","startTime":98.457,"endTime":101.427,"body":"And then I ran out of money to"},{"speaker":"Ruben Dominguez","startTime":98.457,"endTime":101.427,"body":"continue buying single family houses."},{"speaker":"Ruben Dominguez","startTime":101.432,"endTime":105.267,"body":"So we started flipping houses more"},{"speaker":"Ruben Dominguez","startTime":101.432,"endTime":105.267,"body":"of a, as a necessity to get some"},{"speaker":"Ruben Dominguez","startTime":105.267,"endTime":106.947,"body":"capital, to buy some more rentals."},{"speaker":"Ruben Dominguez","startTime":107.247,"endTime":112.356,"body":"And, we,  then started to buy properties"},{"speaker":"Ruben Dominguez","startTime":107.247,"endTime":112.356,"body":"from wholesalers and we noticed that."},{"speaker":"Ruben Dominguez","startTime":112.656,"endTime":116.427,"body":"We were paying these big,  acquisition"},{"speaker":"Ruben Dominguez","startTime":112.656,"endTime":116.427,"body":"fees on those and, to the wholesalers."},{"speaker":"Ruben Dominguez","startTime":116.427,"endTime":120.177,"body":"And we said, Hey, can we cut that out"},{"speaker":"Ruben Dominguez","startTime":116.427,"endTime":120.177,"body":"to make these deals work even better?"},{"speaker":"Ruben Dominguez","startTime":120.177,"endTime":123.267,"body":"And so we started wholesaling"},{"speaker":"Ruben Dominguez","startTime":120.177,"endTime":123.267,"body":"and we picked up a lot of houses."},{"speaker":"Ruben Dominguez","startTime":123.272,"endTime":125.917,"body":"We cherry picked the ones we liked"},{"speaker":"Ruben Dominguez","startTime":123.272,"endTime":125.917,"body":"and rent 'em out or flip 'em."},{"speaker":"Ruben Dominguez","startTime":125.917,"endTime":128.665,"body":"And then the ones that we weren't"},{"speaker":"Ruben Dominguez","startTime":125.917,"endTime":128.665,"body":"able to do, or we didn't want to do"},{"speaker":"Ruben Dominguez","startTime":128.665,"endTime":130.135,"body":"we'd sell 'em to other investors."},{"speaker":"Ruben Dominguez","startTime":130.135,"endTime":131.47,"body":"So we did that for a long."},{"speaker":"Ruben Dominguez","startTime":131.77,"endTime":135.7,"body":"And, it was great, but I looked"},{"speaker":"Ruben Dominguez","startTime":131.77,"endTime":135.7,"body":"back, I think this is about 2015."},{"speaker":"Ruben Dominguez","startTime":135.88,"endTime":137.47,"body":"I looked back in our best year."},{"speaker":"Ruben Dominguez","startTime":137.475,"endTime":138.34,"body":"We probably did."},{"speaker":"Ruben Dominguez","startTime":138.34,"endTime":141.07,"body":"I don't know, 50 single"},{"speaker":"Ruben Dominguez","startTime":138.34,"endTime":141.07,"body":"family deals that year."},{"speaker":"Ruben Dominguez","startTime":141.37,"endTime":143.23,"body":"And we acquired six rentals that year."},{"speaker":"Ruben Dominguez","startTime":143.26,"endTime":147.58,"body":"And I looked back and I said, I"},{"speaker":"Ruben Dominguez","startTime":143.26,"endTime":147.58,"body":"am no closer to retiring from my"},{"speaker":"Ruben Dominguez","startTime":147.58,"endTime":150.64,"body":"W2 job than I was five years ago."},{"speaker":"Ruben Dominguez","startTime":150.654,"endTime":151.674,"body":"We have more houses."},{"speaker":"Ruben Dominguez","startTime":151.674,"endTime":152.844,"body":"There's some income coming in."},{"speaker":"Ruben Dominguez","startTime":152.844,"endTime":154.858,"body":"We have a better retirement"},{"speaker":"Ruben Dominguez","startTime":152.844,"endTime":154.858,"body":"plan, but as far."},{"speaker":"Ruben Dominguez","startTime":155.008,"endTime":156.658,"body":"Getting that time back,"},{"speaker":"Ruben Dominguez","startTime":155.008,"endTime":156.658,"body":"that was no closer."},{"speaker":"Ruben Dominguez","startTime":156.658,"endTime":160.348,"body":"And I was actually working more cuz now I"},{"speaker":"Ruben Dominguez","startTime":156.658,"endTime":160.348,"body":"have all these houses and I had to check"},{"speaker":"Ruben Dominguez","startTime":160.348,"endTime":162.658,"body":"on contractors and all that good stuff."},{"speaker":"Ruben Dominguez","startTime":162.688,"endTime":165.028,"body":"And so I said, there's"},{"speaker":"Ruben Dominguez","startTime":162.688,"endTime":165.028,"body":"gotta be a better way."},{"speaker":"Ruben Dominguez","startTime":165.028,"endTime":168.069,"body":"And I had known a couple buddies"},{"speaker":"Ruben Dominguez","startTime":165.028,"endTime":168.069,"body":"that were doing multifamily"},{"speaker":"Ruben Dominguez","startTime":168.219,"endTime":169.599,"body":"and so I started investing."},{"speaker":"Ruben Dominguez","startTime":169.689,"endTime":172.479,"body":"First, it was just passively"},{"speaker":"Ruben Dominguez","startTime":169.689,"endTime":172.479,"body":"into multifamily projects"},{"speaker":"Ruben Dominguez","startTime":172.539,"endTime":173.329,"body":"that buddies were doing."},{"speaker":"Ruben Dominguez","startTime":173.629,"endTime":176.569,"body":"And then I said, Hey, how"},{"speaker":"Ruben Dominguez","startTime":173.629,"endTime":176.569,"body":"can I really accelerate that?"},{"speaker":"Ruben Dominguez","startTime":176.569,"endTime":179.789,"body":"And so we started actively investing"},{"speaker":"Ruben Dominguez","startTime":176.569,"endTime":179.789,"body":"in multifamily family, where we're"},{"speaker":"Ruben Dominguez","startTime":179.789,"endTime":183.239,"body":"actually going out and doing the"},{"speaker":"Ruben Dominguez","startTime":179.789,"endTime":183.239,"body":"projects on our, as part of a, as"},{"speaker":"Ruben Dominguez","startTime":183.239,"endTime":185.183,"body":"part of a group,  and doing the work."},{"speaker":"Ruben Dominguez","startTime":185.303,"endTime":190.043,"body":"And so within about 18 months of actively"},{"speaker":"Ruben Dominguez","startTime":185.303,"endTime":190.043,"body":"investing, I was able to quit my w"},{"speaker":"Ruben Dominguez","startTime":190.043,"endTime":192.363,"body":"two job and, and do that full time."},{"speaker":"Ruben Dominguez","startTime":192.393,"endTime":194.493,"body":"And now I have a lot"},{"speaker":"Ruben Dominguez","startTime":192.393,"endTime":194.493,"body":"more freedom of my time."},{"speaker":"Ruben Dominguez","startTime":194.493,"endTime":195.333,"body":"I still work a lot."},{"speaker":"Ruben Dominguez","startTime":195.333,"endTime":196.413,"body":"I'm always gonna work a lot."},{"speaker":"Ruben Dominguez","startTime":196.413,"endTime":197.868,"body":"I'm always,  looking"},{"speaker":"Ruben Dominguez","startTime":196.413,"endTime":197.868,"body":"for the next thing to."},{"speaker":"Ruben Dominguez","startTime":197.907,"endTime":201.267,"body":"But it is on my terms now, so I"},{"speaker":"Ruben Dominguez","startTime":197.907,"endTime":201.267,"body":"can go pick up my kids from school."},{"speaker":"Ruben Dominguez","startTime":201.267,"endTime":204.16,"body":"And I don't know if anyone else sees"},{"speaker":"Ruben Dominguez","startTime":201.267,"endTime":204.16,"body":"this, but when you pick up your kids"},{"speaker":"Ruben Dominguez","startTime":204.16,"endTime":207.4,"body":"from school, they tell you all the"},{"speaker":"Ruben Dominguez","startTime":204.16,"endTime":207.4,"body":"things they did all day in about"},{"speaker":"Ruben Dominguez","startTime":207.4,"endTime":208.63,"body":"five minutes and then that's it."},{"speaker":"Ruben Dominguez","startTime":208.63,"endTime":209.8,"body":"They don't wanna talk about"},{"speaker":"Ruben Dominguez","startTime":208.63,"endTime":209.8,"body":"it the rest of the day."},{"speaker":"Ruben Dominguez","startTime":209.805,"endTime":211.27,"body":"So now I'm able to get that at least."},{"speaker":"Ruben Dominguez","startTime":211.27,"endTime":213.79,"body":"So it's been super cool"},{"speaker":"Ruben Dominguez","startTime":211.27,"endTime":213.79,"body":"to be able to do that."},{"speaker":"Average Joe Finances","startTime":214.09,"endTime":214.874,"body":"Yeah,  that's awesome."},{"speaker":"Average Joe Finances","startTime":214.92,"endTime":217.649,"body":"I was sitting here taking notes as you"},{"speaker":"Average Joe Finances","startTime":214.92,"endTime":217.649,"body":"were going and just, putting down this"},{"speaker":"Average Joe Finances","startTime":217.649,"endTime":222.616,"body":"timeline of how this all, went down"},{"speaker":"Average Joe Finances","startTime":217.649,"endTime":222.616,"body":"for you and it's just absolutely crazy."},{"speaker":"Average Joe Finances","startTime":222.876,"endTime":226.797,"body":"Because you, you started getting into"},{"speaker":"Average Joe Finances","startTime":222.876,"endTime":226.797,"body":"real estate right, to get to the point"},{"speaker":"Average Joe Finances","startTime":226.797,"endTime":231.549,"body":"where you can retire and get away from"},{"speaker":"Average Joe Finances","startTime":226.797,"endTime":231.549,"body":"your nine to five and your day job."},{"speaker":"Average Joe Finances","startTime":231.549,"endTime":234.278,"body":"And it, you wound up just"},{"speaker":"Average Joe Finances","startTime":231.549,"endTime":234.278,"body":"working more at that point."},{"speaker":"Average Joe Finances","startTime":234.307,"endTime":237.045,"body":"So starting off, doing the"},{"speaker":"Average Joe Finances","startTime":234.307,"endTime":237.045,"body":"whole single family home thing"},{"speaker":"Average Joe Finances","startTime":237.221,"endTime":238.731,"body":"with, doing the BRRRR method."},{"speaker":"Average Joe Finances","startTime":238.734,"endTime":241.148,"body":"And then you ran out of,"},{"speaker":"Average Joe Finances","startTime":238.734,"endTime":241.148,"body":"being able to buy more."},{"speaker":"Average Joe Finances","startTime":241.232,"endTime":243.162,"body":"I guess you probably hit"},{"speaker":"Average Joe Finances","startTime":241.232,"endTime":243.162,"body":"that 10 loan limit, right?"},{"speaker":"Ruben Dominguez","startTime":243.342,"endTime":245.693,"body":"It was more"},{"speaker":"Ruben Dominguez","startTime":243.342,"endTime":245.693,"body":"about obviously on every project,"},{"speaker":"Ruben Dominguez","startTime":245.693,"endTime":246.58,"body":"get to put some money in."},{"speaker":"Ruben Dominguez","startTime":246.609,"endTime":249.159,"body":"We were at the time, I"},{"speaker":"Ruben Dominguez","startTime":246.609,"endTime":249.159,"body":"it's probably changed."},{"speaker":"Ruben Dominguez","startTime":249.159,"endTime":251.379,"body":"I haven't done a single family due"},{"speaker":"Ruben Dominguez","startTime":249.159,"endTime":251.379,"body":"in a while, but at the time it was"},{"speaker":"Ruben Dominguez","startTime":251.379,"endTime":253.738,"body":"like 10 or 15 K into each property."},{"speaker":"Ruben Dominguez","startTime":254.038,"endTime":254.188,"body":"Yeah."},{"speaker":"Ruben Dominguez","startTime":254.188,"endTime":255.118,"body":"And then it'd be a rental."},{"speaker":"Ruben Dominguez","startTime":255.118,"endTime":255.748,"body":"It'd be great."},{"speaker":"Ruben Dominguez","startTime":255.748,"endTime":257.878,"body":"Cuz you'd get cash flow"},{"speaker":"Ruben Dominguez","startTime":255.748,"endTime":257.878,"body":"about $400 a month."},{"speaker":"Ruben Dominguez","startTime":257.878,"endTime":259.457,"body":"Gonna take you a long time, to."},{"speaker":"Ruben Dominguez","startTime":259.668,"endTime":261.618,"body":"Replace that 15 K you put into it."},{"speaker":"Ruben Dominguez","startTime":261.618,"endTime":263.628,"body":"So we started coming up against that."},{"speaker":"Ruben Dominguez","startTime":263.838,"endTime":266.778,"body":"I did run into the 10,"},{"speaker":"Ruben Dominguez","startTime":263.838,"endTime":266.778,"body":"10 loan limit though."},{"speaker":"Ruben Dominguez","startTime":266.778,"endTime":270.048,"body":"I ran into the four loan limit and"},{"speaker":"Ruben Dominguez","startTime":266.778,"endTime":270.048,"body":"then I ran into the 10 loan limit."},{"speaker":"Ruben Dominguez","startTime":270.348,"endTime":273.114,"body":"So definitely, I know exactly what you're"},{"speaker":"Ruben Dominguez","startTime":270.348,"endTime":273.114,"body":"talking about, but so we had all three"},{"speaker":"Ruben Dominguez","startTime":273.114,"endTime":277.504,"body":"capital the loan limit on the banks"},{"speaker":"Ruben Dominguez","startTime":273.114,"endTime":277.504,"body":"and, there's ways around that though."},{"speaker":"Average Joe Finances","startTime":277.634,"endTime":277.874,"body":"Yeah."},{"speaker":"Average Joe Finances","startTime":277.874,"endTime":278.282,"body":"Right on."},{"speaker":"Average Joe Finances","startTime":278.307,"endTime":280.295,"body":"And then after that, you decided, okay."},{"speaker":"Average Joe Finances","startTime":280.472,"endTime":282.032,"body":"You need to get more capital, right?"},{"speaker":"Average Joe Finances","startTime":282.032,"endTime":285.415,"body":"So you started flipping and as you"},{"speaker":"Average Joe Finances","startTime":282.032,"endTime":285.415,"body":"were flipping, you were dealing with"},{"speaker":"Average Joe Finances","startTime":285.42,"endTime":288.954,"body":"all these wholesalers and saying, Hey,"},{"speaker":"Average Joe Finances","startTime":285.42,"endTime":288.954,"body":"we're paying the,  these finders fees."},{"speaker":"Average Joe Finances","startTime":289.254,"endTime":290.004,"body":"How did we get around that?"},{"speaker":"Average Joe Finances","startTime":290.004,"endTime":291.684,"body":"So you started wholesaling"},{"speaker":"Average Joe Finances","startTime":290.004,"endTime":291.684,"body":"yourself, right?"},{"speaker":"Average Joe Finances","startTime":291.797,"endTime":293.117,"body":"And the deals that."},{"speaker":"Average Joe Finances","startTime":293.407,"endTime":295.855,"body":"You didn't wholesale, you kept"},{"speaker":"Average Joe Finances","startTime":293.407,"endTime":295.855,"body":"for yourself and flipped them."},{"speaker":"Average Joe Finances","startTime":296.005,"endTime":297.152,"body":"So that's,  that's pretty neat."},{"speaker":"Average Joe Finances","startTime":297.302,"endTime":300.669,"body":"And it really opens up a lot of"},{"speaker":"Average Joe Finances","startTime":297.302,"endTime":300.669,"body":"opportunity for you that, pretty"},{"speaker":"Average Joe Finances","startTime":300.674,"endTime":302.148,"body":"much it's like win-win situations."},{"speaker":"Average Joe Finances","startTime":302.148,"endTime":304.091,"body":"It's if I don't get rid of it, I'm"},{"speaker":"Average Joe Finances","startTime":302.148,"endTime":304.091,"body":"just gonna flip it and get rid of it."},{"speaker":"Average Joe Finances","startTime":304.391,"endTime":305.047,"body":"So that's,  totally."},{"speaker":"Average Joe Finances","startTime":305.342,"endTime":306.482,"body":"Pretty good spot to be in."},{"speaker":"Average Joe Finances","startTime":306.69,"endTime":308.974,"body":"And then you were like, okay,"},{"speaker":"Average Joe Finances","startTime":306.69,"endTime":308.974,"body":"this really is a lot of work"},{"speaker":"Average Joe Finances","startTime":308.979,"endTime":310.174,"body":"and spending a lot of time."},{"speaker":"Average Joe Finances","startTime":310.414,"endTime":314.263,"body":"And you said that, that word time several"},{"speaker":"Average Joe Finances","startTime":310.414,"endTime":314.263,"body":"times, that you're losing all this time."},{"speaker":"Average Joe Finances","startTime":314.263,"endTime":316.708,"body":"And I just said time, like five"},{"speaker":"Average Joe Finances","startTime":314.263,"endTime":316.708,"body":"times  you're going through all"},{"speaker":"Average Joe Finances","startTime":316.708,"endTime":318.488,"body":"this and you're losing the time."},{"speaker":"Average Joe Finances","startTime":318.488,"endTime":319.908,"body":"You're not getting that"},{"speaker":"Average Joe Finances","startTime":318.488,"endTime":319.908,"body":"time with your family."},{"speaker":"Average Joe Finances","startTime":319.998,"endTime":322.279,"body":"So that I know that plays a huge role."},{"speaker":"Average Joe Finances","startTime":322.279,"endTime":324.132,"body":"I know it does for me, with my children."},{"speaker":"Average Joe Finances","startTime":324.136,"endTime":326.886,"body":"I've been in the Navy going"},{"speaker":"Average Joe Finances","startTime":324.136,"endTime":326.886,"body":"on 20 years now and I've spent"},{"speaker":"Average Joe Finances","startTime":326.886,"endTime":329.106,"body":"a lot of time away from them."},{"speaker":"Average Joe Finances","startTime":329.406,"endTime":333.306,"body":"And one of the things that I like"},{"speaker":"Average Joe Finances","startTime":329.406,"endTime":333.306,"body":"about real estate is that I'm starting"},{"speaker":"Average Joe Finances","startTime":333.306,"endTime":335.196,"body":"to get some of that time back."},{"speaker":"Average Joe Finances","startTime":335.196,"endTime":337.909,"body":"And I'm getting ready to retire"},{"speaker":"Average Joe Finances","startTime":335.196,"endTime":337.909,"body":"from the Navy, and I'm gonna focus"},{"speaker":"Average Joe Finances","startTime":337.909,"endTime":341.69,"body":"on my real estate investing and,"},{"speaker":"Average Joe Finances","startTime":337.909,"endTime":341.69,"body":"I'll have my pension coming in,"},{"speaker":"Average Joe Finances","startTime":341.69,"endTime":343.49,"body":"so I'll be in a pretty good spot."},{"speaker":"Average Joe Finances","startTime":343.675,"endTime":344.755,"body":"So I'm excited about that."},{"speaker":"Average Joe Finances","startTime":345.055,"endTime":348.565,"body":"But at the same time, You had"},{"speaker":"Average Joe Finances","startTime":345.055,"endTime":348.565,"body":"mentioned that you switched over to"},{"speaker":"Average Joe Finances","startTime":348.565,"endTime":351.595,"body":"go more passive in multifamily, right?"},{"speaker":"Average Joe Finances","startTime":351.595,"endTime":353.976,"body":"So I guess you were doing a couple"},{"speaker":"Average Joe Finances","startTime":351.595,"endTime":353.976,"body":"limited partner deals,  with"},{"speaker":"Average Joe Finances","startTime":353.976,"endTime":356.525,"body":"some of your buddies that were"},{"speaker":"Average Joe Finances","startTime":353.976,"endTime":356.525,"body":"already investing in multifamily."},{"speaker":"Average Joe Finances","startTime":356.713,"endTime":359.233,"body":"And it was a pretty good spot for you"},{"speaker":"Average Joe Finances","startTime":356.713,"endTime":359.233,"body":"to be in where you just, you brought"},{"speaker":"Average Joe Finances","startTime":359.233,"endTime":362.47,"body":"the capital to the table and you can"},{"speaker":"Average Joe Finances","startTime":359.233,"endTime":362.47,"body":"sit back and collect your distributions"},{"speaker":"Average Joe Finances","startTime":362.475,"endTime":365.71,"body":"every month or every quarter, which"},{"speaker":"Average Joe Finances","startTime":362.475,"endTime":365.71,"body":"is a pretty good spot to be in."},{"speaker":"Average Joe Finances","startTime":365.739,"endTime":368.469,"body":"You get that money back when the"},{"speaker":"Average Joe Finances","startTime":365.739,"endTime":368.469,"body":"asset sells in three to five years"},{"speaker":"Average Joe Finances","startTime":368.469,"endTime":372.585,"body":"anyway, plus whatever else was"},{"speaker":"Average Joe Finances","startTime":368.469,"endTime":372.585,"body":"earned on it during that timeframe."},{"speaker":"Average Joe Finances","startTime":372.885,"endTime":374.265,"body":"So I'm a big fan of that."},{"speaker":"Average Joe Finances","startTime":374.306,"endTime":378.024,"body":"I recently got into real estate"},{"speaker":"Average Joe Finances","startTime":374.306,"endTime":378.024,"body":"syndications myself, especially with"},{"speaker":"Average Joe Finances","startTime":378.024,"endTime":379.554,"body":"how busy I am with everything else."},{"speaker":"Average Joe Finances","startTime":379.554,"endTime":381.234,"body":"It was like the perfect thing for me."},{"speaker":"Average Joe Finances","startTime":381.234,"endTime":382.424,"body":"It's like like the perfect storm."},{"speaker":"Average Joe Finances","startTime":382.574,"endTime":386.723,"body":"Where I'm still getting my, real estate"},{"speaker":"Average Joe Finances","startTime":382.574,"endTime":386.723,"body":"piece, but at the same time, I'm not"},{"speaker":"Average Joe Finances","startTime":386.723,"endTime":390.509,"body":"really having to do much with it at"},{"speaker":"Average Joe Finances","startTime":386.723,"endTime":390.509,"body":"all, except for maybe look at a couple"},{"speaker":"Average Joe Finances","startTime":390.509,"endTime":394.589,"body":"PowerPoints and some reports and make"},{"speaker":"Average Joe Finances","startTime":390.509,"endTime":394.589,"body":"sure that everything's looking okay."},{"speaker":"Average Joe Finances","startTime":394.76,"endTime":397.19,"body":"And then I just collect my"},{"speaker":"Average Joe Finances","startTime":394.76,"endTime":397.19,"body":"distributions and it's pretty nice."},{"speaker":"Average Joe Finances","startTime":397.19,"endTime":400.59,"body":"And I don't have to like, Really"},{"speaker":"Average Joe Finances","startTime":397.19,"endTime":400.59,"body":"be involved with tenants, toilets,"},{"speaker":"Average Joe Finances","startTime":400.59,"endTime":402.721,"body":"or termites, any of the three tees."},{"speaker":"Average Joe Finances","startTime":402.931,"endTime":403.831,"body":"So that's pretty nice."},{"speaker":"Average Joe Finances","startTime":403.939,"endTime":407.571,"body":"I just, I like seeing how you had"},{"speaker":"Average Joe Finances","startTime":403.939,"endTime":407.571,"body":"this evolution where you started"},{"speaker":"Average Joe Finances","startTime":407.571,"endTime":410.422,"body":"off with the single families"},{"speaker":"Average Joe Finances","startTime":407.571,"endTime":410.422,"body":"and then, got into multifamily."},{"speaker":"Average Joe Finances","startTime":410.572,"endTime":411.597,"body":"I did the same thing."},{"speaker":"Average Joe Finances","startTime":411.644,"endTime":414.88,"body":"I,  got into single families at"},{"speaker":"Average Joe Finances","startTime":411.644,"endTime":414.88,"body":"first when I bought a duplex out in"},{"speaker":"Average Joe Finances","startTime":414.88,"endTime":418.45,"body":"Chesapeake, Virginia, not too long ago,"},{"speaker":"Average Joe Finances","startTime":414.88,"endTime":418.45,"body":"like at the beginning of the pandemic."},{"speaker":"Average Joe Finances","startTime":418.484,"endTime":421.084,"body":"And I realized,  it, it was pretty"},{"speaker":"Average Joe Finances","startTime":418.484,"endTime":421.084,"body":"difficult, especially during the"},{"speaker":"Average Joe Finances","startTime":421.084,"endTime":424.103,"body":"COVID times and with me being"},{"speaker":"Average Joe Finances","startTime":421.084,"endTime":424.103,"body":"in Hawaii and the property being"},{"speaker":"Average Joe Finances","startTime":424.103,"endTime":425.302,"body":"back in Virginia, it got painful."},{"speaker":"Average Joe Finances","startTime":425.302,"endTime":429.501,"body":"So I sold it after a year for a profit,"},{"speaker":"Average Joe Finances","startTime":425.302,"endTime":429.501,"body":"which was nice,  and a cash flow."},{"speaker":"Average Joe Finances","startTime":429.501,"endTime":433.314,"body":"So it was, it was a win-win, but"},{"speaker":"Average Joe Finances","startTime":429.501,"endTime":433.314,"body":"that whole year was painful because"},{"speaker":"Average Joe Finances","startTime":433.319,"endTime":435.624,"body":"every time there was an issue, I"},{"speaker":"Average Joe Finances","startTime":433.319,"endTime":435.624,"body":"was getting a phone call every time"},{"speaker":"Average Joe Finances","startTime":435.629,"endTime":436.714,"body":"there was something else going."},{"speaker":"Average Joe Finances","startTime":437.014,"endTime":438.694,"body":"I was getting a phone call"},{"speaker":"Average Joe Finances","startTime":437.014,"endTime":438.694,"body":"and I had a property manager."},{"speaker":"Average Joe Finances","startTime":438.728,"endTime":441.768,"body":"But he was the one calling me"},{"speaker":"Average Joe Finances","startTime":438.728,"endTime":441.768,"body":"to say, Hey, we have an issue"},{"speaker":"Average Joe Finances","startTime":441.828,"endTime":443.478,"body":"and it's gonna cost this much."},{"speaker":"Average Joe Finances","startTime":443.658,"endTime":444.348,"body":"Are you good with that?"},{"speaker":"Average Joe Finances","startTime":444.348,"endTime":445.992,"body":"And I'm like, yeah, just, just do it."},{"speaker":"Average Joe Finances","startTime":446.142,"endTime":448.512,"body":"And I was like, there's gotta be something"},{"speaker":"Average Joe Finances","startTime":446.142,"endTime":448.512,"body":"different, something else I can do."},{"speaker":"Average Joe Finances","startTime":448.812,"endTime":452.041,"body":"And I met up with some folks that were"},{"speaker":"Average Joe Finances","startTime":448.812,"endTime":452.041,"body":"in multifamily and I'm like, this is it."},{"speaker":"Average Joe Finances","startTime":452.077,"endTime":453.005,"body":"This is what I wanna do."},{"speaker":"Average Joe Finances","startTime":453.155,"endTime":456.887,"body":"So I took the capital and I just, and I"},{"speaker":"Average Joe Finances","startTime":453.155,"endTime":456.887,"body":"put it into a passive investment and I'm."},{"speaker":"Average Joe Finances","startTime":457.037,"endTime":458.537,"body":"Really happy about it so far."},{"speaker":"Average Joe Finances","startTime":458.837,"endTime":460.793,"body":"And,  looking to get into"},{"speaker":"Average Joe Finances","startTime":458.837,"endTime":460.793,"body":"a couple more this year."},{"speaker":"Average Joe Finances","startTime":460.832,"endTime":464.494,"body":"So anyway,  enough about that,  I just,"},{"speaker":"Average Joe Finances","startTime":460.832,"endTime":464.494,"body":"I really, I wanted to touch on that"},{"speaker":"Average Joe Finances","startTime":464.499,"endTime":467.458,"body":"because I think it's super important"},{"speaker":"Average Joe Finances","startTime":464.499,"endTime":467.458,"body":"for people to understand that there are"},{"speaker":"Average Joe Finances","startTime":467.458,"endTime":469.588,"body":"many faces and facets of real estate."},{"speaker":"Average Joe Finances","startTime":469.588,"endTime":470.008,"body":"It just."},{"speaker":"Average Joe Finances","startTime":470.308,"endTime":473.338,"body":"It just depends on what you want"},{"speaker":"Average Joe Finances","startTime":470.308,"endTime":473.338,"body":"to get involved in right now."},{"speaker":"Average Joe Finances","startTime":473.578,"endTime":477.27,"body":"Some of the things that we were gonna"},{"speaker":"Average Joe Finances","startTime":473.578,"endTime":477.27,"body":"talk about today is, how to find the"},{"speaker":"Average Joe Finances","startTime":477.275,"endTime":480.449,"body":"best investment opportunities,  before"},{"speaker":"Average Joe Finances","startTime":477.275,"endTime":480.449,"body":"they're spotted by competitors."},{"speaker":"Average Joe Finances","startTime":480.463,"endTime":485.124,"body":"So you've got a lot of experience in that"},{"speaker":"Average Joe Finances","startTime":480.463,"endTime":485.124,"body":"realm, especially, with single families"},{"speaker":"Average Joe Finances","startTime":485.294,"endTime":488.444,"body":"and things of that nature, where you"},{"speaker":"Average Joe Finances","startTime":485.294,"endTime":488.444,"body":"were going out and finding and flipping"},{"speaker":"Average Joe Finances","startTime":488.444,"endTime":490.274,"body":"properties and wholesaling properties."},{"speaker":"Average Joe Finances","startTime":490.274,"endTime":491.864,"body":"So you have to have a"},{"speaker":"Average Joe Finances","startTime":490.274,"endTime":491.864,"body":"good eye for that stuff."},{"speaker":"Average Joe Finances","startTime":492.164,"endTime":495.454,"body":"Are you also doing that in the"},{"speaker":"Average Joe Finances","startTime":492.164,"endTime":495.454,"body":"multi-family space now that you are"},{"speaker":"Average Joe Finances","startTime":495.604,"endTime":497.723,"body":"an active,  multi-family investor."},{"speaker":"Ruben Dominguez","startTime":497.873,"endTime":498.323,"body":"Yep."},{"speaker":"Ruben Dominguez","startTime":498.323,"endTime":501.323,"body":"We definitely some of the"},{"speaker":"Ruben Dominguez","startTime":498.323,"endTime":501.323,"body":"same principles apply."},{"speaker":"Ruben Dominguez","startTime":501.623,"endTime":503.963,"body":"It's it's a little bit different"},{"speaker":"Ruben Dominguez","startTime":501.623,"endTime":503.963,"body":"in the multi-family world,"},{"speaker":"Ruben Dominguez","startTime":504.064,"endTime":505.324,"body":"in the single family world."},{"speaker":"Ruben Dominguez","startTime":505.354,"endTime":508.57,"body":"It's,  you're normally buying from"},{"speaker":"Ruben Dominguez","startTime":505.354,"endTime":508.57,"body":"homeowners, especially if you're buying"},{"speaker":"Ruben Dominguez","startTime":508.57,"endTime":510.172,"body":"direct to seller it's a homeowner."},{"speaker":"Ruben Dominguez","startTime":510.322,"endTime":512.032,"body":"If you're not, it's probably a wholesaler."},{"speaker":"Ruben Dominguez","startTime":512.032,"endTime":514.762,"body":"And maybe if you're lucky, not"},{"speaker":"Ruben Dominguez","startTime":512.032,"endTime":514.762,"body":"usually in this market, you'll"},{"speaker":"Ruben Dominguez","startTime":514.762,"endTime":515.962,"body":"find something on market."},{"speaker":"Ruben Dominguez","startTime":515.992,"endTime":517.522,"body":"That's rare if you're an investor."},{"speaker":"Ruben Dominguez","startTime":517.672,"endTime":521.515,"body":"And in multifamily, Most projects"},{"speaker":"Ruben Dominguez","startTime":517.672,"endTime":521.515,"body":"and we're buying large, we're"},{"speaker":"Ruben Dominguez","startTime":521.515,"endTime":523.525,"body":"buying hundred plus unit projects."},{"speaker":"Ruben Dominguez","startTime":523.555,"endTime":526.158,"body":"Some of the smaller ones, you can still"},{"speaker":"Ruben Dominguez","startTime":523.555,"endTime":526.158,"body":"find direct to owner, but those big"},{"speaker":"Ruben Dominguez","startTime":526.158,"endTime":528.349,"body":"ones, those are all traded by brokers."},{"speaker":"Ruben Dominguez","startTime":528.349,"endTime":531.088,"body":"And it makes sense, cuz it's"},{"speaker":"Ruben Dominguez","startTime":528.349,"endTime":531.088,"body":"guys that, most of 'em are called"},{"speaker":"Ruben Dominguez","startTime":531.15,"endTime":532.23,"body":"what's called a syndication."},{"speaker":"Ruben Dominguez","startTime":532.23,"endTime":535.21,"body":"So it's where you got a bunch of"},{"speaker":"Ruben Dominguez","startTime":532.23,"endTime":535.21,"body":"people pull their money together and"},{"speaker":"Ruben Dominguez","startTime":535.21,"endTime":536.44,"body":"then you go out and buy this property."},{"speaker":"Ruben Dominguez","startTime":536.62,"endTime":539.22,"body":"And so the guy running it, You're"},{"speaker":"Ruben Dominguez","startTime":536.62,"endTime":539.22,"body":"putting a lot of money into it."},{"speaker":"Ruben Dominguez","startTime":539.22,"endTime":539.97,"body":"You got investors."},{"speaker":"Ruben Dominguez","startTime":539.975,"endTime":542.296,"body":"So you have a, you got a duty"},{"speaker":"Ruben Dominguez","startTime":539.975,"endTime":542.296,"body":"to make sure that property"},{"speaker":"Ruben Dominguez","startTime":542.296,"endTime":544.226,"body":"sells at the top of the market."},{"speaker":"Ruben Dominguez","startTime":544.376,"endTime":547.226,"body":"And so usually that's gonna be a"},{"speaker":"Ruben Dominguez","startTime":544.376,"endTime":547.226,"body":"broker cuz they have the most clients"},{"speaker":"Ruben Dominguez","startTime":547.226,"endTime":550.136,"body":"that can put the most eyes on it when"},{"speaker":"Ruben Dominguez","startTime":547.226,"endTime":550.136,"body":"you're taking it to market to sell."},{"speaker":"Ruben Dominguez","startTime":550.141,"endTime":551.396,"body":"So that's where we're getting 'em."},{"speaker":"Ruben Dominguez","startTime":551.396,"endTime":554.977,"body":"Now some of the tips that we've"},{"speaker":"Ruben Dominguez","startTime":551.396,"endTime":554.977,"body":"found is, most of these projects"},{"speaker":"Ruben Dominguez","startTime":554.977,"endTime":556.717,"body":"that come in, we analyze it, right?"},{"speaker":"Ruben Dominguez","startTime":556.717,"endTime":558.427,"body":"We run the numbers, see"},{"speaker":"Ruben Dominguez","startTime":556.717,"endTime":558.427,"body":"how it's gonna work."},{"speaker":"Ruben Dominguez","startTime":558.427,"endTime":559.457,"body":"It's gonna be a good investment."},{"speaker":"Ruben Dominguez","startTime":559.607,"endTime":563.777,"body":"And initially probably 95%"},{"speaker":"Ruben Dominguez","startTime":559.607,"endTime":563.777,"body":"of those don't work on paper."},{"speaker":"Ruben Dominguez","startTime":564.077,"endTime":567.677,"body":"And so what a lot of people do"},{"speaker":"Ruben Dominguez","startTime":564.077,"endTime":567.677,"body":"is they'll just say, ah, it's not"},{"speaker":"Ruben Dominguez","startTime":567.677,"endTime":568.877,"body":"gonna work, move to the next one."},{"speaker":"Ruben Dominguez","startTime":569.044,"endTime":572.816,"body":"And which I think may be a mistake"},{"speaker":"Ruben Dominguez","startTime":569.044,"endTime":572.816,"body":"because sometimes when you go out to"},{"speaker":"Ruben Dominguez","startTime":572.816,"endTime":576.156,"body":"the property, you might see something"},{"speaker":"Ruben Dominguez","startTime":572.816,"endTime":576.156,"body":"that you wouldn't see on paper."},{"speaker":"Ruben Dominguez","startTime":576.185,"endTime":579.157,"body":"For instance, we saw one"},{"speaker":"Ruben Dominguez","startTime":576.185,"endTime":579.157,"body":"that had, five acres."},{"speaker":"Ruben Dominguez","startTime":579.158,"endTime":581.768,"body":"On the property, just"},{"speaker":"Ruben Dominguez","startTime":579.158,"endTime":581.768,"body":"raw land sitting there."},{"speaker":"Ruben Dominguez","startTime":581.768,"endTime":584.504,"body":"It's we can do something without five"},{"speaker":"Ruben Dominguez","startTime":581.768,"endTime":584.504,"body":"acres it's included in the price."},{"speaker":"Ruben Dominguez","startTime":584.504,"endTime":585.933,"body":"Maybe we can make that deal work."},{"speaker":"Ruben Dominguez","startTime":585.933,"endTime":587.805,"body":"Or we went to one, we're"},{"speaker":"Ruben Dominguez","startTime":585.933,"endTime":587.805,"body":"buying it right now."},{"speaker":"Ruben Dominguez","startTime":587.805,"endTime":589.131,"body":"Actually we went to one and."},{"speaker":"Ruben Dominguez","startTime":589.281,"endTime":593.286,"body":"It's in a, the numbers didn't quite work,"},{"speaker":"Ruben Dominguez","startTime":589.281,"endTime":593.286,"body":"but once we got there, we realized wow,"},{"speaker":"Ruben Dominguez","startTime":593.286,"endTime":597.343,"body":"this is a very well taken, maintained,"},{"speaker":"Ruben Dominguez","startTime":593.286,"endTime":597.343,"body":"taken care of maintained property."},{"speaker":"Ruben Dominguez","startTime":597.493,"endTime":599.203,"body":"We don't need to do"},{"speaker":"Ruben Dominguez","startTime":597.493,"endTime":599.203,"body":"anything on the outside."},{"speaker":"Ruben Dominguez","startTime":599.263,"endTime":601.453,"body":"There's some interiors, we got a rehab."},{"speaker":"Ruben Dominguez","startTime":601.458,"endTime":604.843,"body":"So our in our rehab budget came way"},{"speaker":"Ruben Dominguez","startTime":601.458,"endTime":604.843,"body":"down to what we thought it was gonna be."},{"speaker":"Ruben Dominguez","startTime":604.848,"endTime":606.793,"body":"And it actually made the"},{"speaker":"Ruben Dominguez","startTime":604.848,"endTime":606.793,"body":"property work for us."},{"speaker":"Ruben Dominguez","startTime":607.093,"endTime":610.993,"body":"And on some of the units, they had"},{"speaker":"Ruben Dominguez","startTime":607.093,"endTime":610.993,"body":"done a partial rehab and we noticed,"},{"speaker":"Ruben Dominguez","startTime":610.993,"endTime":614.853,"body":"Hey, we don't have to replace"},{"speaker":"Ruben Dominguez","startTime":610.993,"endTime":614.853,"body":"flooring or appliances on 84 units."},{"speaker":"Ruben Dominguez","startTime":615.003,"endTime":619.113,"body":"It's 170 units, 84 of 'em went"},{"speaker":"Ruben Dominguez","startTime":615.003,"endTime":619.113,"body":"to place flooring or appliances."},{"speaker":"Ruben Dominguez","startTime":619.113,"endTime":623.212,"body":"Our rehab dollars came down from"},{"speaker":"Ruben Dominguez","startTime":619.113,"endTime":623.212,"body":"like 7,000 per unit to 3000."},{"speaker":"Ruben Dominguez","startTime":623.362,"endTime":626.42,"body":"And getting out there and looking"},{"speaker":"Ruben Dominguez","startTime":623.362,"endTime":626.42,"body":"at the property and putting eyes on."},{"speaker":"Ruben Dominguez","startTime":626.638,"endTime":630.538,"body":"It'll definitely help you decide if"},{"speaker":"Ruben Dominguez","startTime":626.638,"endTime":630.538,"body":"you wanna pursue it or not pursue it."},{"speaker":"Ruben Dominguez","startTime":630.538,"endTime":634.138,"body":"And that means you're gonna see a"},{"speaker":"Ruben Dominguez","startTime":630.538,"endTime":634.138,"body":"lot of properties, but, it also means"},{"speaker":"Ruben Dominguez","startTime":634.138,"endTime":636.518,"body":"you'll probably find things that"},{"speaker":"Ruben Dominguez","startTime":634.138,"endTime":636.518,"body":"other people are just passing on."},{"speaker":"Average Joe Finances","startTime":636.654,"endTime":637.258,"body":"That's huge."},{"speaker":"Average Joe Finances","startTime":637.408,"endTime":640.549,"body":"I think the key thing you're saying"},{"speaker":"Average Joe Finances","startTime":637.408,"endTime":640.549,"body":"though, is, just because something"},{"speaker":"Average Joe Finances","startTime":640.549,"endTime":643.549,"body":"looks a certain way on paper,"},{"speaker":"Average Joe Finances","startTime":640.549,"endTime":643.549,"body":"there's always more to the story."},{"speaker":"Average Joe Finances","startTime":643.578,"endTime":645.858,"body":"Cause something could even look"},{"speaker":"Average Joe Finances","startTime":643.578,"endTime":645.858,"body":"great on paper and then you go look"},{"speaker":"Average Joe Finances","startTime":645.858,"endTime":647.398,"body":"at it and you're like, Ooh, totally."},{"speaker":"Average Joe Finances","startTime":647.548,"endTime":648.748,"body":"We have some issues here."},{"speaker":"Average Joe Finances","startTime":648.816,"endTime":651.159,"body":"There's some, that's usually how"},{"speaker":"Average Joe Finances","startTime":648.816,"endTime":651.159,"body":"growth just didn't even know about."},{"speaker":"Average Joe Finances","startTime":651.159,"endTime":651.311,"body":"Totally."},{"speaker":"Average Joe Finances","startTime":651.472,"endTime":651.802,"body":"Yeah."},{"speaker":"Average Joe Finances","startTime":651.802,"endTime":652.072,"body":"Yeah."},{"speaker":"Average Joe Finances","startTime":652.072,"endTime":652.542,"body":"So yeah."},{"speaker":"Average Joe Finances","startTime":652.589,"endTime":653.549,"body":"That's huge, man."},{"speaker":"Average Joe Finances","startTime":653.714,"endTime":654.517,"body":"Especially, yeah."},{"speaker":"Average Joe Finances","startTime":654.574,"endTime":655.172,"body":"You're probably."},{"speaker":"Average Joe Finances","startTime":655.472,"endTime":659.597,"body":"Putting in a lot more effort,"},{"speaker":"Average Joe Finances","startTime":655.472,"endTime":659.597,"body":"to, to making these deals work."},{"speaker":"Average Joe Finances","startTime":659.597,"endTime":661.697,"body":"But it's not that you're"},{"speaker":"Average Joe Finances","startTime":659.597,"endTime":661.697,"body":"forcing it to work."},{"speaker":"Average Joe Finances","startTime":661.697,"endTime":666.421,"body":"It's just that there was unknown"},{"speaker":"Average Joe Finances","startTime":661.697,"endTime":666.421,"body":"things, underlying things that make"},{"speaker":"Average Joe Finances","startTime":666.421,"endTime":668.431,"body":"the property a better investment."},{"speaker":"Average Joe Finances","startTime":668.581,"endTime":671.347,"body":"That first one you mentioned,"},{"speaker":"Average Joe Finances","startTime":668.581,"endTime":671.347,"body":"showing up and not realizing, oh,"},{"speaker":"Average Joe Finances","startTime":671.352,"endTime":672.997,"body":"there's five acres of property here."},{"speaker":"Average Joe Finances","startTime":673.026,"endTime":675.576,"body":"You could build more units, you"},{"speaker":"Average Joe Finances","startTime":673.026,"endTime":675.576,"body":"could build some self storage."},{"speaker":"Average Joe Finances","startTime":675.616,"endTime":677.471,"body":"There's so much stuff"},{"speaker":"Average Joe Finances","startTime":675.616,"endTime":677.471,"body":"you could add to that."},{"speaker":"Average Joe Finances","startTime":677.688,"endTime":680.817,"body":"Can you imagine, building storage units"},{"speaker":"Average Joe Finances","startTime":677.688,"endTime":680.817,"body":"for the tenants back there and then"},{"speaker":"Average Joe Finances","startTime":680.907,"endTime":682.616,"body":"they can, rent storage units as well."},{"speaker":"Average Joe Finances","startTime":682.673,"endTime":684.036,"body":"That would be huge, totally."},{"speaker":"Average Joe Finances","startTime":684.253,"endTime":684.583,"body":"Yeah."},{"speaker":"Average Joe Finances","startTime":684.583,"endTime":684.793,"body":"Yeah."},{"speaker":"Average Joe Finances","startTime":684.793,"endTime":685.787,"body":"That's awesome, man."},{"speaker":"Average Joe Finances","startTime":686.027,"endTime":686.567,"body":"Awesome."},{"speaker":"Average Joe Finances","startTime":686.769,"endTime":687.129,"body":"Okay."},{"speaker":"Average Joe Finances","startTime":687.309,"endTime":691.569,"body":"Now, when it comes to investing"},{"speaker":"Average Joe Finances","startTime":687.309,"endTime":691.569,"body":"in multifamily real estate, right?"},{"speaker":"Average Joe Finances","startTime":691.569,"endTime":695.246,"body":"So you made that switch, you came"},{"speaker":"Average Joe Finances","startTime":691.569,"endTime":695.246,"body":"over and you started off passive."},{"speaker":"Average Joe Finances","startTime":695.396,"endTime":701.606,"body":"What made you switch from being a passive"},{"speaker":"Average Joe Finances","startTime":695.396,"endTime":701.606,"body":"investor to wanting to become more active?"},{"speaker":"Ruben Dominguez","startTime":701.906,"endTime":703.676,"body":"It was really acceler."},{"speaker":"Ruben Dominguez","startTime":703.706,"endTime":706.316,"body":"I was really like, I have"},{"speaker":"Ruben Dominguez","startTime":703.706,"endTime":706.316,"body":"to get out of this job."},{"speaker":"Ruben Dominguez","startTime":706.616,"endTime":707.966,"body":"I have to get out, have to get out."},{"speaker":"Ruben Dominguez","startTime":708.026,"endTime":709.242,"body":"I worked really hard."},{"speaker":"Ruben Dominguez","startTime":709.392,"endTime":712.662,"body":"For a few years, it was a startup,"},{"speaker":"Ruben Dominguez","startTime":709.392,"endTime":712.662,"body":"software is a service company."},{"speaker":"Ruben Dominguez","startTime":712.662,"endTime":714.951,"body":"It just means subscription"},{"speaker":"Ruben Dominguez","startTime":712.662,"endTime":714.951,"body":"based,  software is a service."},{"speaker":"Ruben Dominguez","startTime":714.951,"endTime":716.331,"body":"And it's a fancy word for it."},{"speaker":"Ruben Dominguez","startTime":716.631,"endTime":720.589,"body":"and they,  we worked really hard"},{"speaker":"Ruben Dominguez","startTime":716.631,"endTime":720.589,"body":"and we had an exit at a company."},{"speaker":"Ruben Dominguez","startTime":720.679,"endTime":723.629,"body":"I had some stock and it"},{"speaker":"Ruben Dominguez","startTime":720.679,"endTime":723.629,"body":"wasn't as good as I thought."},{"speaker":"Ruben Dominguez","startTime":723.711,"endTime":725.331,"body":"They get you with the stock to stay there."},{"speaker":"Ruben Dominguez","startTime":725.482,"endTime":729.037,"body":"And at the end when we sold it, I was"},{"speaker":"Ruben Dominguez","startTime":725.482,"endTime":729.037,"body":"like,  that was okay, but it wasn't as"},{"speaker":"Ruben Dominguez","startTime":729.037,"endTime":731.017,"body":"good as we all thought it was gonna be."},{"speaker":"Ruben Dominguez","startTime":731.017,"endTime":735.709,"body":"And so I had an opportunity to"},{"speaker":"Ruben Dominguez","startTime":731.017,"endTime":735.709,"body":"go back into another company as"},{"speaker":"Ruben Dominguez","startTime":735.714,"endTime":738.829,"body":"an executive, that it was a, they"},{"speaker":"Ruben Dominguez","startTime":735.714,"endTime":738.829,"body":"had a portfolio of companies."},{"speaker":"Ruben Dominguez","startTime":738.889,"endTime":741.184,"body":"And, I was thinking, do I wanna do this?"},{"speaker":"Ruben Dominguez","startTime":741.484,"endTime":742.564,"body":"Cuz it's a lot of time."},{"speaker":"Ruben Dominguez","startTime":742.564,"endTime":743.734,"body":"It's a lot of stress."},{"speaker":"Ruben Dominguez","startTime":743.734,"endTime":747.531,"body":"And it's a lot of, not seeing my"},{"speaker":"Ruben Dominguez","startTime":743.734,"endTime":747.531,"body":"kids and or do I want to really"},{"speaker":"Ruben Dominguez","startTime":747.536,"endTime":750.951,"body":"accelerate and I had buddies, that"},{"speaker":"Ruben Dominguez","startTime":747.536,"endTime":750.951,"body":"were out there doing this actively."},{"speaker":"Ruben Dominguez","startTime":750.951,"endTime":752.301,"body":"I was investing in their projects."},{"speaker":"Ruben Dominguez","startTime":752.301,"endTime":753.601,"body":"They're out there killing it."},{"speaker":"Ruben Dominguez","startTime":753.601,"endTime":754.534,"body":"They're working hard."},{"speaker":"Ruben Dominguez","startTime":754.534,"endTime":757.154,"body":"But,  and I was a past and as a"},{"speaker":"Ruben Dominguez","startTime":754.534,"endTime":757.154,"body":"past, investor's great returns,"},{"speaker":"Ruben Dominguez","startTime":757.169,"endTime":760.919,"body":"anywhere, probably between, depending"},{"speaker":"Ruben Dominguez","startTime":757.169,"endTime":760.919,"body":"on the market, but 15 to 25%"},{"speaker":"Ruben Dominguez","startTime":760.919,"endTime":762.819,"body":"return annually, which is great."},{"speaker":"Ruben Dominguez","startTime":762.849,"endTime":764.169,"body":"Cuz you're not really doing anything."},{"speaker":"Ruben Dominguez","startTime":764.469,"endTime":768.633,"body":"You're just signing some documents"},{"speaker":"Ruben Dominguez","startTime":764.469,"endTime":768.633,"body":"and watching some reports come in and"},{"speaker":"Ruben Dominguez","startTime":768.633,"endTime":772.353,"body":"getting some checks every quarter,"},{"speaker":"Ruben Dominguez","startTime":768.633,"endTime":772.353,"body":"hopefully if it's the right investment"},{"speaker":"Ruben Dominguez","startTime":772.383,"endTime":775.439,"body":"and, And so I wanted to get more"},{"speaker":"Ruben Dominguez","startTime":772.383,"endTime":775.439,"body":"active, cuz I'm used to being active."},{"speaker":"Ruben Dominguez","startTime":775.45,"endTime":776.962,"body":"wanted to get in there and do things."},{"speaker":"Ruben Dominguez","startTime":776.962,"endTime":779.482,"body":"And so I thought it was a good time"},{"speaker":"Ruben Dominguez","startTime":776.962,"endTime":779.482,"body":"for me to start getting active."},{"speaker":"Ruben Dominguez","startTime":779.572,"endTime":783.784,"body":"And, it was really accelerating"},{"speaker":"Ruben Dominguez","startTime":779.572,"endTime":783.784,"body":"my way out of my corporate job"},{"speaker":"Ruben Dominguez","startTime":783.784,"endTime":786.814,"body":"was like, I gotta get active if I"},{"speaker":"Ruben Dominguez","startTime":783.784,"endTime":786.814,"body":"really wanna accelerate my growth."},{"speaker":"Ruben Dominguez","startTime":786.994,"endTime":788.179,"body":"And and it was great."},{"speaker":"Ruben Dominguez","startTime":788.329,"endTime":789.409,"body":"It's been great ever since."},{"speaker":"Ruben Dominguez","startTime":789.409,"endTime":791.988,"body":"And that's really why we"},{"speaker":"Ruben Dominguez","startTime":789.409,"endTime":791.988,"body":"went from passive to active."},{"speaker":"Ruben Dominguez","startTime":792.288,"endTime":793.839,"body":"Cause I said,  P passive's great."},{"speaker":"Ruben Dominguez","startTime":793.858,"endTime":796.918,"body":"I don't have $4 million to go"},{"speaker":"Ruben Dominguez","startTime":793.858,"endTime":796.918,"body":"throw on passive investments."},{"speaker":"Ruben Dominguez","startTime":797.111,"endTime":801.254,"body":"So I need to get out there and do the"},{"speaker":"Ruben Dominguez","startTime":797.111,"endTime":801.254,"body":"hard work until I have money where I can"},{"speaker":"Ruben Dominguez","startTime":801.254,"endTime":804.384,"body":"just throw a bunch of money in passive"},{"speaker":"Ruben Dominguez","startTime":801.254,"endTime":804.384,"body":"investments and not really do a whole lot."},{"speaker":"Ruben Dominguez","startTime":804.534,"endTime":805.266,"body":"On the active side."},{"speaker":"Average Joe Finances","startTime":805.416,"endTime":807.717,"body":"Yeah, that was"},{"speaker":"Average Joe Finances","startTime":805.416,"endTime":807.717,"body":"more of a selfish question for me."},{"speaker":"Average Joe Finances","startTime":807.717,"endTime":811.545,"body":"As I just got into,  more of the"},{"speaker":"Average Joe Finances","startTime":807.717,"endTime":811.545,"body":"passive side of multifamily and"},{"speaker":"Average Joe Finances","startTime":811.545,"endTime":814.125,"body":"just curious, cuz you know, as I'm"},{"speaker":"Average Joe Finances","startTime":811.545,"endTime":814.125,"body":"coming up on my retirement from the"},{"speaker":"Average Joe Finances","startTime":814.125,"endTime":816.023,"body":"Navy, I got my real estate license."},{"speaker":"Average Joe Finances","startTime":816.023,"endTime":817.535,"body":"I'm gonna be doing that when I retire."},{"speaker":"Average Joe Finances","startTime":817.805,"endTime":820.992,"body":"But at the same time, it's man, I really"},{"speaker":"Average Joe Finances","startTime":817.805,"endTime":820.992,"body":"want to get,  active on some deals and"},{"speaker":"Average Joe Finances","startTime":821.015,"endTime":822.651,"body":"I've got a partner back in Virginia."},{"speaker":"Average Joe Finances","startTime":822.841,"endTime":824.641,"body":"So him and I have been"},{"speaker":"Average Joe Finances","startTime":822.841,"endTime":824.641,"body":"talking a lot about."},{"speaker":"Average Joe Finances","startTime":824.941,"endTime":828.389,"body":"What we should look at when I"},{"speaker":"Average Joe Finances","startTime":824.941,"endTime":828.389,"body":"retire and look at getting into,"},{"speaker":"Average Joe Finances","startTime":828.473,"endTime":830.727,"body":"so it's a pretty exciting time."},{"speaker":"Average Joe Finances","startTime":830.727,"endTime":833.997,"body":"So I just, I wanted pick your brain a"},{"speaker":"Average Joe Finances","startTime":830.727,"endTime":833.997,"body":"little bit on that, and that's one of"},{"speaker":"Average Joe Finances","startTime":834.002,"endTime":836.63,"body":"the benefits of having a podcast, is"},{"speaker":"Average Joe Finances","startTime":834.002,"endTime":836.63,"body":"I get to ask the questions I want ask."},{"speaker":"Average Joe Finances","startTime":836.63,"endTime":836.892,"body":"Totally."},{"speaker":"Average Joe Finances","startTime":837.042,"endTime":839.573,"body":"And, and hopefully it provides"},{"speaker":"Average Joe Finances","startTime":837.042,"endTime":839.573,"body":"value for the audience as well."},{"speaker":"Average Joe Finances","startTime":839.573,"endTime":840.817,"body":"Definitely provides value for me."},{"speaker":"Average Joe Finances","startTime":840.817,"endTime":841.687,"body":"I can tell you that much."},{"speaker":"Ruben Dominguez","startTime":841.837,"endTime":843.697,"body":"I recommend,"},{"speaker":"Ruben Dominguez","startTime":841.837,"endTime":843.697,"body":"definitely get active."},{"speaker":"Ruben Dominguez","startTime":843.947,"endTime":846.377,"body":"We always tell people"},{"speaker":"Ruben Dominguez","startTime":843.947,"endTime":846.377,"body":"like passively invest."},{"speaker":"Ruben Dominguez","startTime":846.677,"endTime":849.948,"body":"It's I'm getting a ticket on the"},{"speaker":"Ruben Dominguez","startTime":846.677,"endTime":849.948,"body":"plane so I can see what flying look."},{"speaker":"Ruben Dominguez","startTime":849.978,"endTime":850.248,"body":"Okay."},{"speaker":"Ruben Dominguez","startTime":850.248,"endTime":850.998,"body":"What is this about?"},{"speaker":"Ruben Dominguez","startTime":850.998,"endTime":853.798,"body":"And you're gonna, they're gonna, somebody"},{"speaker":"Ruben Dominguez","startTime":850.998,"endTime":853.798,"body":"else is taking you to destination."},{"speaker":"Ruben Dominguez","startTime":853.948,"endTime":857.195,"body":"And then my next step is you"},{"speaker":"Ruben Dominguez","startTime":853.948,"endTime":857.195,"body":"should partner with somebody and"},{"speaker":"Ruben Dominguez","startTime":857.195,"endTime":859.385,"body":"it's super common in multifamily."},{"speaker":"Ruben Dominguez","startTime":859.385,"endTime":863.345,"body":"They have multiple partners on the active"},{"speaker":"Ruben Dominguez","startTime":859.385,"endTime":863.345,"body":"side, cuz it's really hard to do these"},{"speaker":"Ruben Dominguez","startTime":863.345,"endTime":864.845,"body":"multimillion dollar deals on your own."},{"speaker":"Ruben Dominguez","startTime":865.145,"endTime":866.841,"body":"And and it's a team effort, right?"},{"speaker":"Ruben Dominguez","startTime":866.841,"endTime":869.151,"body":"You gotta have a team it's unlike"},{"speaker":"Ruben Dominguez","startTime":866.841,"endTime":869.151,"body":"a flip where you're like, ah, you"},{"speaker":"Ruben Dominguez","startTime":869.151,"endTime":870.991,"body":"might make 20, can a flip good luck."},{"speaker":"Ruben Dominguez","startTime":871.291,"endTime":875.161,"body":"It's not gonna be very fun splitting that"},{"speaker":"Ruben Dominguez","startTime":871.291,"endTime":875.161,"body":"between four people, but on a multimillion"},{"speaker":"Ruben Dominguez","startTime":875.161,"endTime":877.441,"body":"dollar project, it there's a lot of work."},{"speaker":"Ruben Dominguez","startTime":877.441,"endTime":878.461,"body":"There's a lot of things to do."},{"speaker":"Ruben Dominguez","startTime":878.461,"endTime":880.321,"body":"And there's a lot of"},{"speaker":"Ruben Dominguez","startTime":878.461,"endTime":880.321,"body":"equity also to go around."},{"speaker":"Ruben Dominguez","startTime":880.321,"endTime":882.481,"body":"So it's okay to split that"},{"speaker":"Ruben Dominguez","startTime":880.321,"endTime":882.481,"body":"between three or four people."},{"speaker":"Ruben Dominguez","startTime":882.481,"endTime":885.271,"body":"And so we say partner with"},{"speaker":"Ruben Dominguez","startTime":882.481,"endTime":885.271,"body":"someone that's experienced."},{"speaker":"Ruben Dominguez","startTime":885.571,"endTime":888.811,"body":"You're gonna learn so much, all the"},{"speaker":"Ruben Dominguez","startTime":885.571,"endTime":888.811,"body":"things you can't learn off podcasts and"},{"speaker":"Ruben Dominguez","startTime":888.811,"endTime":890.911,"body":"books and coaches and things like that."},{"speaker":"Ruben Dominguez","startTime":890.911,"endTime":894.271,"body":"You learn by actually doing without"},{"speaker":"Ruben Dominguez","startTime":890.911,"endTime":894.271,"body":"all the pressure of you having to"},{"speaker":"Ruben Dominguez","startTime":894.271,"endTime":896.101,"body":"close this big deal and run it."},{"speaker":"Ruben Dominguez","startTime":896.303,"endTime":898.714,"body":"And then the next step is go out"},{"speaker":"Ruben Dominguez","startTime":896.303,"endTime":898.714,"body":"and do it on your own if you want."},{"speaker":"Ruben Dominguez","startTime":898.714,"endTime":900.319,"body":"That is what we've found is the best way."},{"speaker":"Ruben Dominguez","startTime":900.319,"endTime":903.409,"body":"And there's so many benefits of partnering"},{"speaker":"Ruben Dominguez","startTime":900.319,"endTime":903.409,"body":"on your first deal and not being the"},{"speaker":"Ruben Dominguez","startTime":903.414,"endTime":904.909,"body":"guy that's completely responsible."},{"speaker":"Ruben Dominguez","startTime":904.909,"endTime":907.537,"body":"It's like you get to, you're gonna"},{"speaker":"Ruben Dominguez","startTime":904.909,"endTime":907.537,"body":"have to raise some capital so you can"},{"speaker":"Ruben Dominguez","startTime":907.537,"endTime":910.537,"body":"raise some capital, you can test your"},{"speaker":"Ruben Dominguez","startTime":907.537,"endTime":910.537,"body":"investor list and see who's actually"},{"speaker":"Ruben Dominguez","startTime":910.537,"endTime":913.875,"body":"interested in,  investing and most"},{"speaker":"Ruben Dominguez","startTime":910.537,"endTime":913.875,"body":"people they're, they probably wanna"},{"speaker":"Ruben Dominguez","startTime":913.88,"endTime":915.285,"body":"invest with you your first time."},{"speaker":"Ruben Dominguez","startTime":915.29,"endTime":918.825,"body":"They're gonna watch and see what happens"},{"speaker":"Ruben Dominguez","startTime":915.29,"endTime":918.825,"body":"ah, Let me see how Mike does on this deal."},{"speaker":"Ruben Dominguez","startTime":918.825,"endTime":919.875,"body":"He's doing multifamily now."},{"speaker":"Ruben Dominguez","startTime":919.875,"endTime":923.111,"body":"And then the second or third time, they'll"},{"speaker":"Ruben Dominguez","startTime":919.875,"endTime":923.111,"body":"be like, okay,  he's actually doing this."},{"speaker":"Ruben Dominguez","startTime":923.111,"endTime":923.651,"body":"I'm gonna invest."},{"speaker":"Ruben Dominguez","startTime":923.651,"endTime":925.871,"body":"And they'll call you up and be like,"},{"speaker":"Ruben Dominguez","startTime":923.651,"endTime":925.871,"body":"Hey Mike, tell me about this deal."},{"speaker":"Ruben Dominguez","startTime":926.071,"endTime":929.315,"body":"And so that's a great part, cuz you"},{"speaker":"Ruben Dominguez","startTime":926.071,"endTime":929.315,"body":"can build your, invest your list"},{"speaker":"Ruben Dominguez","startTime":929.315,"endTime":931.785,"body":"without having all the pressure"},{"speaker":"Ruben Dominguez","startTime":929.315,"endTime":931.785,"body":"of raising everything yourself."},{"speaker":"Ruben Dominguez","startTime":931.935,"endTime":935.475,"body":"And then also, just being on the"},{"speaker":"Ruben Dominguez","startTime":931.935,"endTime":935.475,"body":"calls with the lenders, being on the"},{"speaker":"Ruben Dominguez","startTime":935.475,"endTime":938.415,"body":"calls with asset management, we were"},{"speaker":"Ruben Dominguez","startTime":935.475,"endTime":938.415,"body":"talking to proper management company,"},{"speaker":"Ruben Dominguez","startTime":938.415,"endTime":940.33,"body":"all that is so great experience."},{"speaker":"Ruben Dominguez","startTime":940.48,"endTime":942.22,"body":"Before you have all the"},{"speaker":"Ruben Dominguez","startTime":940.48,"endTime":942.22,"body":"pressure of doing it yourself."},{"speaker":"Ruben Dominguez","startTime":942.22,"endTime":943.45,"body":"And some people stop there."},{"speaker":"Ruben Dominguez","startTime":943.51,"endTime":946.51,"body":"I know a lot of people that they just"},{"speaker":"Ruben Dominguez","startTime":943.51,"endTime":946.51,"body":"wanna partner and they don't wanna"},{"speaker":"Ruben Dominguez","startTime":946.51,"endTime":948.01,"body":"have to run the whole thing themselves."},{"speaker":"Ruben Dominguez","startTime":948.01,"endTime":949.6,"body":"They just wanna, Hey, I'm"},{"speaker":"Ruben Dominguez","startTime":948.01,"endTime":949.6,"body":"just gonna partner with you."},{"speaker":"Ruben Dominguez","startTime":949.6,"endTime":951.82,"body":"I'll provide a little bit,"},{"speaker":"Ruben Dominguez","startTime":949.6,"endTime":951.82,"body":"here's my expertise area."},{"speaker":"Ruben Dominguez","startTime":951.82,"endTime":953.38,"body":"Like it might be analyzing the deal."},{"speaker":"Ruben Dominguez","startTime":953.38,"endTime":954.55,"body":"They're a spreadsheet person."},{"speaker":"Ruben Dominguez","startTime":954.85,"endTime":958.428,"body":"And then they run the finances through"},{"speaker":"Ruben Dominguez","startTime":954.85,"endTime":958.428,"body":"the project and, or somebody might be"},{"speaker":"Ruben Dominguez","startTime":958.428,"endTime":959.688,"body":"really good at talking to investors."},{"speaker":"Ruben Dominguez","startTime":959.688,"endTime":961.938,"body":"Like I'm gonna go to all the"},{"speaker":"Ruben Dominguez","startTime":959.688,"endTime":961.938,"body":"conferences and I'm gonna talk to"},{"speaker":"Ruben Dominguez","startTime":961.938,"endTime":965.449,"body":"investors and try to bring some cap,"},{"speaker":"Ruben Dominguez","startTime":961.938,"endTime":965.449,"body":"more capital to all our projects."},{"speaker":"Ruben Dominguez","startTime":965.667,"endTime":967.887,"body":"And so people just stop there"},{"speaker":"Ruben Dominguez","startTime":965.667,"endTime":967.887,"body":"a lot of times and partner."},{"speaker":"Ruben Dominguez","startTime":968.187,"endTime":969.837,"body":"But some people wanna"},{"speaker":"Ruben Dominguez","startTime":968.187,"endTime":969.837,"body":"do it all on their own."},{"speaker":"Ruben Dominguez","startTime":969.837,"endTime":971.119,"body":"And that's great too."},{"speaker":"Ruben Dominguez","startTime":971.163,"endTime":975.011,"body":"I'm like the partner guy I love to have,"},{"speaker":"Ruben Dominguez","startTime":971.163,"endTime":975.011,"body":"cuz I, I'm not skilled in everything."},{"speaker":"Ruben Dominguez","startTime":975.281,"endTime":978.491,"body":"And I, so I like to bring in people"},{"speaker":"Ruben Dominguez","startTime":975.281,"endTime":978.491,"body":"that are skilled in something I'm not"},{"speaker":"Ruben Dominguez","startTime":978.491,"endTime":980.171,"body":"cuz we work so well together do that."},{"speaker":"Ruben Dominguez","startTime":980.183,"endTime":983.483,"body":"That's really like how I recommend"},{"speaker":"Ruben Dominguez","startTime":980.183,"endTime":983.483,"body":"for people that are trying to get"},{"speaker":"Ruben Dominguez","startTime":983.513,"endTime":984.833,"body":"into multifamily, get that way."},{"speaker":"Ruben Dominguez","startTime":984.983,"endTime":987.683,"body":"Those three steps, passively"},{"speaker":"Ruben Dominguez","startTime":984.983,"endTime":987.683,"body":"invest  partner and then go"},{"speaker":"Ruben Dominguez","startTime":987.683,"endTime":988.34,"body":"out and do your own deal."},{"speaker":"Average Joe Finances","startTime":988.39,"endTime":991.073,"body":"I like that a lot,"},{"speaker":"Average Joe Finances","startTime":988.39,"endTime":991.073,"body":"especially,  because I love to network."},{"speaker":"Average Joe Finances","startTime":991.073,"endTime":992.406,"body":"I love to meet new people."},{"speaker":"Average Joe Finances","startTime":992.406,"endTime":997.252,"body":"I, it's one of the awesome things about"},{"speaker":"Average Joe Finances","startTime":992.406,"endTime":997.252,"body":"this community in general is how, there's"},{"speaker":"Average Joe Finances","startTime":997.252,"endTime":999.802,"body":"so many, I would say probably 97%."},{"speaker":"Average Joe Finances","startTime":999.802,"endTime":1002.352,"body":"I've said this several times in"},{"speaker":"Average Joe Finances","startTime":999.802,"endTime":1002.352,"body":"the show too, about 97% of the"},{"speaker":"Average Joe Finances","startTime":1002.352,"endTime":1006.822,"body":"people in the real estate investing"},{"speaker":"Average Joe Finances","startTime":1002.352,"endTime":1006.822,"body":"community are just so willing to"},{"speaker":"Average Joe Finances","startTime":1006.822,"endTime":1008.771,"body":"give back and so willing to help."},{"speaker":"Average Joe Finances","startTime":1008.771,"endTime":1012.209,"body":"I'm not saying they'll sit here and"},{"speaker":"Average Joe Finances","startTime":1008.771,"endTime":1012.209,"body":"hold your hand and give away handouts,"},{"speaker":"Average Joe Finances","startTime":1012.365,"endTime":1017.295,"body":"but people are so like, liberal with"},{"speaker":"Average Joe Finances","startTime":1012.365,"endTime":1017.295,"body":"giving away, like their knowledge on"},{"speaker":"Average Joe Finances","startTime":1017.3,"endTime":1020.535,"body":"certain things or saying, Hey, this"},{"speaker":"Average Joe Finances","startTime":1017.3,"endTime":1020.535,"body":"is what I did that worked for me."},{"speaker":"Average Joe Finances","startTime":1020.805,"endTime":1024.076,"body":"It might not work for you, but you"},{"speaker":"Average Joe Finances","startTime":1020.805,"endTime":1024.076,"body":"can try, and it's just been,  an"},{"speaker":"Average Joe Finances","startTime":1024.076,"endTime":1026.296,"body":"awesome experience and an awesome"},{"speaker":"Average Joe Finances","startTime":1024.076,"endTime":1026.296,"body":"community to be a part of."},{"speaker":"Average Joe Finances","startTime":1026.296,"endTime":1028.452,"body":"And that's why I love going"},{"speaker":"Average Joe Finances","startTime":1026.296,"endTime":1028.452,"body":"to real estate meetups."},{"speaker":"Average Joe Finances","startTime":1028.513,"endTime":1031.627,"body":"And going to like different events"},{"speaker":"Average Joe Finances","startTime":1028.513,"endTime":1031.627,"body":"and conferences and things like that."},{"speaker":"Average Joe Finances","startTime":1031.627,"endTime":1035.677,"body":"It's just a great opportunity to meet"},{"speaker":"Average Joe Finances","startTime":1031.627,"endTime":1035.677,"body":"people that are doing awesome things."},{"speaker":"Average Joe Finances","startTime":1035.737,"endTime":1036.127,"body":"And."},{"speaker":"Average Joe Finances","startTime":1036.171,"endTime":1039.749,"body":"When you go to these meetups, you"},{"speaker":"Average Joe Finances","startTime":1036.171,"endTime":1039.749,"body":"meet people that are well versed"},{"speaker":"Average Joe Finances","startTime":1039.771,"endTime":1042.501,"body":"and well experienced and have been"},{"speaker":"Average Joe Finances","startTime":1039.771,"endTime":1042.501,"body":"doing this for a very long time."},{"speaker":"Average Joe Finances","startTime":1042.741,"endTime":1045.284,"body":"And then you meet people that"},{"speaker":"Average Joe Finances","startTime":1042.741,"endTime":1045.284,"body":"just started not too long ago."},{"speaker":"Average Joe Finances","startTime":1045.312,"endTime":1046.183,"body":"And those are the ones."},{"speaker":"Average Joe Finances","startTime":1046.188,"endTime":1048.553,"body":"If you're a brand new investor"},{"speaker":"Average Joe Finances","startTime":1046.188,"endTime":1048.553,"body":"that you wanna go talk to"},{"speaker":"Average Joe Finances","startTime":1048.558,"endTime":1050.293,"body":"and possibly shadow because."},{"speaker":"Average Joe Finances","startTime":1050.354,"endTime":1054.164,"body":"The guy that started 20 years ago is"},{"speaker":"Average Joe Finances","startTime":1050.354,"endTime":1054.164,"body":"gonna be like, oh, I don't remember"},{"speaker":"Average Joe Finances","startTime":1054.164,"endTime":1057.333,"body":"how, how I did that back then, because"},{"speaker":"Average Joe Finances","startTime":1054.164,"endTime":1057.333,"body":"20 years ago was way different."},{"speaker":"Average Joe Finances","startTime":1057.333,"endTime":1059.404,"body":"The way we, we raised"},{"speaker":"Average Joe Finances","startTime":1057.333,"endTime":1059.404,"body":"capital was different."},{"speaker":"Average Joe Finances","startTime":1059.573,"endTime":1061.493,"body":"The way the lenders worked was different."},{"speaker":"Average Joe Finances","startTime":1061.498,"endTime":1062.582,"body":"It's, everything changes."},{"speaker":"Average Joe Finances","startTime":1062.732,"endTime":1063.232,"body":"So totally."},{"speaker":"Average Joe Finances","startTime":1063.482,"endTime":1066.178,"body":"So yeah, that, I think that's a"},{"speaker":"Average Joe Finances","startTime":1063.482,"endTime":1066.178,"body":"super important thing, especially,"},{"speaker":"Average Joe Finances","startTime":1066.178,"endTime":1068.367,"body":"if you're just getting started"},{"speaker":"Average Joe Finances","startTime":1066.178,"endTime":1068.367,"body":"out, you gotta build that team."},{"speaker":"Average Joe Finances","startTime":1068.372,"endTime":1069.447,"body":"You gotta build that network and."},{"speaker":"Average Joe Finances","startTime":1069.635,"endTime":1070.865,"body":"You're gonna, you're gonna make it happen."},{"speaker":"Average Joe Finances","startTime":1071.015,"endTime":1071.345,"body":"Okay."},{"speaker":"Average Joe Finances","startTime":1071.495,"endTime":1074.947,"body":"I want to ask you,  especially"},{"speaker":"Average Joe Finances","startTime":1071.495,"endTime":1074.947,"body":"because you've had so many different"},{"speaker":"Average Joe Finances","startTime":1074.947,"endTime":1079.477,"body":"experiences in real estate, from single"},{"speaker":"Average Joe Finances","startTime":1074.947,"endTime":1079.477,"body":"family, wholesaling, flipping, and now"},{"speaker":"Average Joe Finances","startTime":1079.477,"endTime":1084.892,"body":"multi-family, what would you say you"},{"speaker":"Average Joe Finances","startTime":1079.477,"endTime":1084.892,"body":"enjoy the most about each one of those?"},{"speaker":"Ruben Dominguez","startTime":1085.192,"endTime":1088.882,"body":"I would say, the"},{"speaker":"Ruben Dominguez","startTime":1085.192,"endTime":1088.882,"body":"most I enjoy is what I'm doing now."},{"speaker":"Ruben Dominguez","startTime":1088.972,"endTime":1089.692,"body":"It's great."},{"speaker":"Ruben Dominguez","startTime":1089.752,"endTime":1089.842,"body":"I."},{"speaker":"Ruben Dominguez","startTime":1090.142,"endTime":1090.983,"body":"It's a win."},{"speaker":"Ruben Dominguez","startTime":1091.007,"endTime":1091.822,"body":"I always talk to people."},{"speaker":"Ruben Dominguez","startTime":1091.854,"endTime":1095.637,"body":"I'd say it's win, and that's, it's a"},{"speaker":"Ruben Dominguez","startTime":1091.854,"endTime":1095.637,"body":"win for our investors because there's a"},{"speaker":"Ruben Dominguez","startTime":1095.642,"endTime":1099.327,"body":"lot of busy people out there that don't"},{"speaker":"Ruben Dominguez","startTime":1095.642,"endTime":1099.327,"body":"have time to go out and do real estate"},{"speaker":"Ruben Dominguez","startTime":1099.332,"endTime":1100.737,"body":"investments, but they wanna get in."},{"speaker":"Ruben Dominguez","startTime":1100.737,"endTime":1102.207,"body":"They know it's a great investment."},{"speaker":"Ruben Dominguez","startTime":1102.207,"endTime":1103.317,"body":"It's safe investment."},{"speaker":"Ruben Dominguez","startTime":1103.49,"endTime":1106.4,"body":"It's re if you do it right,"},{"speaker":"Ruben Dominguez","startTime":1103.49,"endTime":1106.4,"body":"it's recession resistance."},{"speaker":"Ruben Dominguez","startTime":1106.4,"endTime":1108.29,"body":"It's not recession proof, it's resistant."},{"speaker":"Ruben Dominguez","startTime":1108.35,"endTime":1111.24,"body":"And if you look over the last"},{"speaker":"Ruben Dominguez","startTime":1108.35,"endTime":1111.24,"body":"30 years, it's been pretty good,"},{"speaker":"Ruben Dominguez","startTime":1111.24,"endTime":1112.86,"body":"especially the multifamily business."},{"speaker":"Ruben Dominguez","startTime":1112.89,"endTime":1114.16,"body":"And so they wanna get in."},{"speaker":"Ruben Dominguez","startTime":1114.443,"endTime":1115.373,"body":"But they just don't have time."},{"speaker":"Ruben Dominguez","startTime":1115.373,"endTime":1119.123,"body":"Like we have a lot of physicians and"},{"speaker":"Ruben Dominguez","startTime":1115.373,"endTime":1119.123,"body":"attorneys, people that have money"},{"speaker":"Ruben Dominguez","startTime":1119.123,"endTime":1121.413,"body":"and they just wanna put it in real"},{"speaker":"Ruben Dominguez","startTime":1119.123,"endTime":1121.413,"body":"estate, but they don't have time."},{"speaker":"Ruben Dominguez","startTime":1121.413,"endTime":1122.57,"body":"They work 80 hours a week."},{"speaker":"Ruben Dominguez","startTime":1122.57,"endTime":1123.11,"body":"They can't do it."},{"speaker":"Ruben Dominguez","startTime":1123.11,"endTime":1124.17,"body":"So that's a win for them."},{"speaker":"Ruben Dominguez","startTime":1124.32,"endTime":1126.18,"body":"And it's a win for our tenants."},{"speaker":"Ruben Dominguez","startTime":1126.18,"endTime":1130.14,"body":"Cuz a lot of times we're buying"},{"speaker":"Ruben Dominguez","startTime":1126.18,"endTime":1130.14,"body":"properties that have been neglected."},{"speaker":"Ruben Dominguez","startTime":1130.21,"endTime":1133.624,"body":"When we bought in Septembers, we"},{"speaker":"Ruben Dominguez","startTime":1130.21,"endTime":1133.624,"body":"had a big ice storm here in Texas."},{"speaker":"Ruben Dominguez","startTime":1133.624,"endTime":1136.694,"body":"So they had fixed the plumbing,"},{"speaker":"Ruben Dominguez","startTime":1133.624,"endTime":1136.694,"body":"but left big holes in the roof."},{"speaker":"Ruben Dominguez","startTime":1136.994,"endTime":1140.894,"body":"And, it was just, some people didn't"},{"speaker":"Ruben Dominguez","startTime":1136.994,"endTime":1140.894,"body":"have electricity in half their units."},{"speaker":"Ruben Dominguez","startTime":1140.894,"endTime":1142.694,"body":"Like we haven't had"},{"speaker":"Ruben Dominguez","startTime":1140.894,"endTime":1142.694,"body":"electricity in six months."},{"speaker":"Ruben Dominguez","startTime":1142.694,"endTime":1144.01,"body":"It's wow, what happened?"},{"speaker":"Ruben Dominguez","startTime":1144.166,"endTime":1147.226,"body":"And so we go in there and we fix"},{"speaker":"Ruben Dominguez","startTime":1144.166,"endTime":1147.226,"body":"it up and we make it nice for them"},{"speaker":"Ruben Dominguez","startTime":1147.226,"endTime":1148.636,"body":"and give 'em a great place to live."},{"speaker":"Ruben Dominguez","startTime":1148.822,"endTime":1149.803,"body":"Fix things fast."},{"speaker":"Ruben Dominguez","startTime":1149.872,"endTime":1152.282,"body":"We love to provide a great"},{"speaker":"Ruben Dominguez","startTime":1149.872,"endTime":1152.282,"body":"tenant experience because."},{"speaker":"Ruben Dominguez","startTime":1152.432,"endTime":1153.872,"body":"They're gonna renew the next year."},{"speaker":"Ruben Dominguez","startTime":1154.052,"endTime":1156.782,"body":"They're not gonna go look somewhere else,"},{"speaker":"Ruben Dominguez","startTime":1154.052,"endTime":1156.782,"body":"cuz like they're taking great care of us."},{"speaker":"Ruben Dominguez","startTime":1156.782,"endTime":1160.202,"body":"If you fix an AC in Texas, it"},{"speaker":"Ruben Dominguez","startTime":1156.782,"endTime":1160.202,"body":"takes you three days to fix it."},{"speaker":"Ruben Dominguez","startTime":1160.472,"endTime":1161.882,"body":"Not a great tenant experience."},{"speaker":"Ruben Dominguez","startTime":1162.182,"endTime":1164.942,"body":"If you fix it within a few hours,"},{"speaker":"Ruben Dominguez","startTime":1162.182,"endTime":1164.942,"body":"then it's a great tenant experience."},{"speaker":"Ruben Dominguez","startTime":1164.942,"endTime":1169.292,"body":"And so it's a win for our tenants and that"},{"speaker":"Ruben Dominguez","startTime":1164.942,"endTime":1169.292,"body":"it's, and it's also a win for us, right?"},{"speaker":"Ruben Dominguez","startTime":1169.297,"endTime":1173.033,"body":"Cuz we get to go out there and be"},{"speaker":"Ruben Dominguez","startTime":1169.297,"endTime":1173.033,"body":"active and provide a lot of value"},{"speaker":"Ruben Dominguez","startTime":1173.033,"endTime":1174.276,"body":"for our tenant and our investors."},{"speaker":"Average Joe Finances","startTime":1174.276,"endTime":1174.973,"body":"That's super key."},{"speaker":"Average Joe Finances","startTime":1175.001,"endTime":1178.997,"body":"And, especially when you're talking about"},{"speaker":"Average Joe Finances","startTime":1175.001,"endTime":1178.997,"body":"keeping your tenants happy because when it"},{"speaker":"Average Joe Finances","startTime":1178.997,"endTime":1182.956,"body":"comes time for you to have to raise rent,"},{"speaker":"Average Joe Finances","startTime":1178.997,"endTime":1182.956,"body":"to try to keep up with the market, you'll,"},{"speaker":"Average Joe Finances","startTime":1183.226,"endTime":1187.786,"body":"if you have a happy tenant, they'll gladly"},{"speaker":"Average Joe Finances","startTime":1183.226,"endTime":1187.786,"body":"pay the extra 50 bucks or extra a hundred"},{"speaker":"Average Joe Finances","startTime":1187.786,"endTime":1191.48,"body":"bucks a month,  to stay in a place that"},{"speaker":"Average Joe Finances","startTime":1187.786,"endTime":1191.48,"body":"they know that they're safe and that,"},{"speaker":"Average Joe Finances","startTime":1191.687,"endTime":1195.869,"body":"the maintenance and,  management there"},{"speaker":"Average Joe Finances","startTime":1191.687,"endTime":1195.869,"body":"will be responsive if there's an issue."},{"speaker":"Average Joe Finances","startTime":1196.075,"endTime":1198.902,"body":"So that's,  that's super important"},{"speaker":"Average Joe Finances","startTime":1196.075,"endTime":1198.902,"body":"to, to definitely keep your tenants"},{"speaker":"Average Joe Finances","startTime":1198.902,"endTime":1200.342,"body":"and your residents happy for sure."},{"speaker":"Average Joe Finances","startTime":1200.41,"endTime":1200.8,"body":"Totally."},{"speaker":"Average Joe Finances","startTime":1200.8,"endTime":1201.1,"body":"Okay."},{"speaker":"Average Joe Finances","startTime":1201.23,"endTime":1203.57,"body":"This is man, this is"},{"speaker":"Average Joe Finances","startTime":1201.23,"endTime":1203.57,"body":"all valuable stuff, man."},{"speaker":"Average Joe Finances","startTime":1203.57,"endTime":1204.92,"body":"I really appreciate it, Ruben."},{"speaker":"Average Joe Finances","startTime":1204.92,"endTime":1207.193,"body":"And I wanna ask you some questions now."},{"speaker":"Average Joe Finances","startTime":1207.193,"endTime":1208.753,"body":"This is something I started doing."},{"speaker":"Average Joe Finances","startTime":1208.796,"endTime":1209.756,"body":"It's four questions."},{"speaker":"Average Joe Finances","startTime":1209.756,"endTime":1211.736,"body":"I, I like to ask everybody"},{"speaker":"Average Joe Finances","startTime":1209.756,"endTime":1211.736,"body":"that comes on my show."},{"speaker":"Average Joe Finances","startTime":1211.953,"endTime":1213.033,"body":"I don't have a name for."},{"speaker":"Average Joe Finances","startTime":1213.333,"endTime":1215.64,"body":"Yet,  some people call it a bonus round."},{"speaker":"Average Joe Finances","startTime":1215.64,"endTime":1216.96,"body":"Some people call it a fire round."},{"speaker":"Average Joe Finances","startTime":1217.177,"endTime":1218.437,"body":"I don't know what to call it yet."},{"speaker":"Average Joe Finances","startTime":1218.437,"endTime":1220.477,"body":"So right now you're just"},{"speaker":"Average Joe Finances","startTime":1218.437,"endTime":1220.477,"body":"getting my four questions."},{"speaker":"Average Joe Finances","startTime":1220.777,"endTime":1221.467,"body":"sounds good, man."},{"speaker":"Average Joe Finances","startTime":1221.467,"endTime":1222.487,"body":"Maybe that's what I'll call it."},{"speaker":"Average Joe Finances","startTime":1222.487,"endTime":1225.547,"body":"My, my average Joe finances,"},{"speaker":"Average Joe Finances","startTime":1222.487,"endTime":1225.547,"body":"four final questions."},{"speaker":"Average Joe Finances","startTime":1225.547,"endTime":1226.027,"body":"I don't know."},{"speaker":"Average Joe Finances","startTime":1226.327,"endTime":1226.687,"body":"Whatever."},{"speaker":"Average Joe Finances","startTime":1226.747,"endTime":1226.897,"body":"Love it."},{"speaker":"Average Joe Finances","startTime":1226.897,"endTime":1227.587,"body":"Final round."},{"speaker":"Average Joe Finances","startTime":1227.587,"endTime":1228.217,"body":"Ooh, I like that."},{"speaker":"Average Joe Finances","startTime":1228.337,"endTime":1228.607,"body":"Yeah."},{"speaker":"Average Joe Finances","startTime":1228.847,"endTime":1230.377,"body":"We're gonna go into the"},{"speaker":"Average Joe Finances","startTime":1228.847,"endTime":1230.377,"body":"final round right now."},{"speaker":"Average Joe Finances","startTime":1230.377,"endTime":1232.027,"body":"I just figured it out"},{"speaker":"Average Joe Finances","startTime":1230.377,"endTime":1232.027,"body":"right here on this episode."},{"speaker":"Average Joe Finances","startTime":1232.027,"endTime":1233.167,"body":"So Ruben, congratulations."},{"speaker":"Average Joe Finances","startTime":1233.167,"endTime":1235.661,"body":"You just helped me set"},{"speaker":"Average Joe Finances","startTime":1233.167,"endTime":1235.661,"body":"something, here for the podcast."},{"speaker":"Average Joe Finances","startTime":1235.661,"endTime":1236.111,"body":"That's awesome."},{"speaker":"Average Joe Finances","startTime":1236.261,"endTime":1236.531,"body":"Love it."},{"speaker":"Average Joe Finances","startTime":1236.531,"endTime":1236.681,"body":"Okay."},{"speaker":"Average Joe Finances","startTime":1236.681,"endTime":1237.881,"body":"So going into the final round."},{"speaker":"Average Joe Finances","startTime":1238.063,"endTime":1238.453,"body":"Yeah."},{"speaker":"Average Joe Finances","startTime":1238.753,"endTime":1239.083,"body":"Okay."},{"speaker":"Average Joe Finances","startTime":1239.333,"endTime":1240.235,"body":"Four questions ready?"},{"speaker":"Average Joe Finances","startTime":1240.303,"endTime":1244.453,"body":"So the first one is what's the"},{"speaker":"Average Joe Finances","startTime":1240.303,"endTime":1244.453,"body":"biggest mistake you've ever made?"},{"speaker":"Ruben Dominguez","startTime":1244.753,"endTime":1248.293,"body":"I was so confident"},{"speaker":"Ruben Dominguez","startTime":1244.753,"endTime":1248.293,"body":"when I was buying single families"},{"speaker":"Ruben Dominguez","startTime":1248.293,"endTime":1250.063,"body":"cause we had den so many deals."},{"speaker":"Ruben Dominguez","startTime":1250.363,"endTime":1253.213,"body":"And it's I felt, oh, I can"},{"speaker":"Ruben Dominguez","startTime":1250.363,"endTime":1253.213,"body":"walk into a neighborhood."},{"speaker":"Ruben Dominguez","startTime":1253.243,"endTime":1254.213,"body":"Cause I know their area."},{"speaker":"Ruben Dominguez","startTime":1254.513,"endTime":1258.653,"body":"I know the comps and I can buy a house"},{"speaker":"Ruben Dominguez","startTime":1254.513,"endTime":1258.653,"body":"and I don't really have to do a whole lot."},{"speaker":"Ruben Dominguez","startTime":1258.953,"endTime":1262.043,"body":"I don't need a contractor out there"},{"speaker":"Ruben Dominguez","startTime":1258.953,"endTime":1262.043,"body":"cuz how many of these have I done?"},{"speaker":"Ruben Dominguez","startTime":1262.343,"endTime":1265.873,"body":"And so we bought a house that"},{"speaker":"Ruben Dominguez","startTime":1262.343,"endTime":1265.873,"body":"was meant to be a rental."},{"speaker":"Ruben Dominguez","startTime":1265.873,"endTime":1266.263,"body":"I'm sorry."},{"speaker":"Ruben Dominguez","startTime":1266.263,"endTime":1267.253,"body":"It was meant to be a rental."},{"speaker":"Ruben Dominguez","startTime":1267.553,"endTime":1271.075,"body":"And I didn't bring a contractor and"},{"speaker":"Ruben Dominguez","startTime":1267.553,"endTime":1271.075,"body":"I was like, oh, this is about 30 K."},{"speaker":"Ruben Dominguez","startTime":1271.075,"endTime":1273.296,"body":"I mean I did some, I just"},{"speaker":"Ruben Dominguez","startTime":1271.075,"endTime":1273.296,"body":"walk in let's buy it."},{"speaker":"Ruben Dominguez","startTime":1273.51,"endTime":1276.84,"body":"But I have bought a house side"},{"speaker":"Ruben Dominguez","startTime":1273.51,"endTime":1276.84,"body":"on scene before if you ever"},{"speaker":"Ruben Dominguez","startTime":1276.84,"endTime":1277.8,"body":"wanna talk about that story."},{"speaker":"Ruben Dominguez","startTime":1277.8,"endTime":1281.057,"body":"But, we,  we walked in and I"},{"speaker":"Ruben Dominguez","startTime":1277.8,"endTime":1281.057,"body":"looked around, I said, Hey,"},{"speaker":"Ruben Dominguez","startTime":1281.062,"endTime":1282.237,"body":"this is probably a 30 K."},{"speaker":"Ruben Dominguez","startTime":1282.387,"endTime":1283.677,"body":"And I thought I was great."},{"speaker":"Ruben Dominguez","startTime":1283.827,"endTime":1284.637,"body":"We bought it."},{"speaker":"Ruben Dominguez","startTime":1284.667,"endTime":1286.257,"body":"We started doing rehab on it."},{"speaker":"Ruben Dominguez","startTime":1286.262,"endTime":1287.397,"body":"It was probably February."},{"speaker":"Ruben Dominguez","startTime":1287.397,"endTime":1287.967,"body":"We bought it."},{"speaker":"Ruben Dominguez","startTime":1288.147,"endTime":1292.017,"body":"And, the rainy season hit"},{"speaker":"Ruben Dominguez","startTime":1288.147,"endTime":1292.017,"body":"in March in San Antonio."},{"speaker":"Ruben Dominguez","startTime":1292.107,"endTime":1295.197,"body":"And, it started raining"},{"speaker":"Ruben Dominguez","startTime":1292.107,"endTime":1295.197,"body":"and what, I didn't know."},{"speaker":"Ruben Dominguez","startTime":1295.497,"endTime":1296.907,"body":"And the neighbor tried to warn me."},{"speaker":"Ruben Dominguez","startTime":1297.097,"endTime":1298.777,"body":"I saw the neighbor, I was out"},{"speaker":"Ruben Dominguez","startTime":1297.097,"endTime":1298.777,"body":"there living at his house."},{"speaker":"Ruben Dominguez","startTime":1298.777,"endTime":1300.748,"body":"He goes, there's a lot of"},{"speaker":"Ruben Dominguez","startTime":1298.777,"endTime":1300.748,"body":"flooding in this neighborhood."},{"speaker":"Ruben Dominguez","startTime":1300.808,"endTime":1305.53,"body":"I was like, oh yeah, whatever neighbor,"},{"speaker":"Ruben Dominguez","startTime":1300.808,"endTime":1305.53,"body":"and cocky, confident thought it was"},{"speaker":"Ruben Dominguez","startTime":1305.53,"endTime":1307.07,"body":"the, no at all for single family."},{"speaker":"Ruben Dominguez","startTime":1307.22,"endTime":1310.04,"body":"I learned a lot from that, this"},{"speaker":"Ruben Dominguez","startTime":1307.22,"endTime":1310.04,"body":"mistake and it started flooding."},{"speaker":"Ruben Dominguez","startTime":1310.045,"endTime":1314.72,"body":"This house had a sunken living room and"},{"speaker":"Ruben Dominguez","startTime":1310.045,"endTime":1314.72,"body":"that thing, two inches of water in the"},{"speaker":"Ruben Dominguez","startTime":1314.72,"endTime":1319.07,"body":"entire thing, we tried everything to"},{"speaker":"Ruben Dominguez","startTime":1314.72,"endTime":1319.07,"body":"get the flooding to stop in this house."},{"speaker":"Ruben Dominguez","startTime":1319.37,"endTime":1322.045,"body":"We, Did the back, we did"},{"speaker":"Ruben Dominguez","startTime":1319.37,"endTime":1322.045,"body":"landscaping in the back."},{"speaker":"Ruben Dominguez","startTime":1322.045,"endTime":1325.315,"body":"We put a metal plate"},{"speaker":"Ruben Dominguez","startTime":1322.045,"endTime":1325.315,"body":"down by the foundation."},{"speaker":"Ruben Dominguez","startTime":1325.615,"endTime":1329.575,"body":"We did all kinds of stuff"},{"speaker":"Ruben Dominguez","startTime":1325.615,"endTime":1329.575,"body":"and probably spent $15,000."},{"speaker":"Ruben Dominguez","startTime":1329.725,"endTime":1332.644,"body":"Other option was a French drain,"},{"speaker":"Ruben Dominguez","startTime":1329.725,"endTime":1332.644,"body":"which is not a great option."},{"speaker":"Ruben Dominguez","startTime":1332.649,"endTime":1335.576,"body":"It's just a really bad,  this"},{"speaker":"Ruben Dominguez","startTime":1332.649,"endTime":1335.576,"body":"backyard, this yard was really"},{"speaker":"Ruben Dominguez","startTime":1335.786,"endTime":1337.106,"body":"terrible for holding water."},{"speaker":"Ruben Dominguez","startTime":1337.106,"endTime":1340.016,"body":"And by the time it was all said and"},{"speaker":"Ruben Dominguez","startTime":1337.106,"endTime":1340.016,"body":"done it wasn't gonna be a run saw."},{"speaker":"Ruben Dominguez","startTime":1340.016,"endTime":1341.216,"body":"Cause it had to get out of it."},{"speaker":"Ruben Dominguez","startTime":1341.346,"endTime":1343.076,"body":"We had so much money tied up."},{"speaker":"Ruben Dominguez","startTime":1343.076,"endTime":1346.016,"body":"We had to replace the flooring in"},{"speaker":"Ruben Dominguez","startTime":1343.076,"endTime":1346.016,"body":"that room like four times, cuz every"},{"speaker":"Ruben Dominguez","startTime":1346.021,"endTime":1349.136,"body":"time we replace it, we thought it was"},{"speaker":"Ruben Dominguez","startTime":1346.021,"endTime":1349.136,"body":"fixed and it rained it flood again."},{"speaker":"Ruben Dominguez","startTime":1349.286,"endTime":1352.436,"body":"I still think about this house"},{"speaker":"Ruben Dominguez","startTime":1349.286,"endTime":1352.436,"body":"every time it rains hard in"},{"speaker":"Ruben Dominguez","startTime":1352.441,"endTime":1353.396,"body":"San Antonio, I think about it."},{"speaker":"Ruben Dominguez","startTime":1353.396,"endTime":1356.988,"body":"And I was very, we disclosed it"},{"speaker":"Ruben Dominguez","startTime":1353.396,"endTime":1356.988,"body":"to the buyer cuz we flipped it."},{"speaker":"Ruben Dominguez","startTime":1356.988,"endTime":1358.738,"body":"We had to get out cause we"},{"speaker":"Ruben Dominguez","startTime":1356.988,"endTime":1358.738,"body":"had so much money in it."},{"speaker":"Ruben Dominguez","startTime":1358.888,"endTime":1360.958,"body":"And we did one last thing in the."},{"speaker":"Ruben Dominguez","startTime":1361.258,"endTime":1363.418,"body":"I hired this like survey company."},{"speaker":"Ruben Dominguez","startTime":1363.418,"endTime":1366.68,"body":"And they came out and they did all this"},{"speaker":"Ruben Dominguez","startTime":1363.418,"endTime":1366.68,"body":"stuff to it and it stopped raining."},{"speaker":"Ruben Dominguez","startTime":1366.71,"endTime":1369.687,"body":"By the time we sold it was"},{"speaker":"Ruben Dominguez","startTime":1366.71,"endTime":1369.687,"body":"June  and,  it stopped raining."},{"speaker":"Ruben Dominguez","startTime":1369.717,"endTime":1371.654,"body":"And, I disclosed it to the buyer."},{"speaker":"Ruben Dominguez","startTime":1371.654,"endTime":1373.454,"body":"I was like, Hey, just a heads up."},{"speaker":"Ruben Dominguez","startTime":1373.454,"endTime":1375.404,"body":"We it's, this place is flooded four times."},{"speaker":"Ruben Dominguez","startTime":1375.404,"endTime":1376.454,"body":"Here's all the things we did."},{"speaker":"Ruben Dominguez","startTime":1376.454,"endTime":1377.444,"body":"Here's all the invoices."},{"speaker":"Ruben Dominguez","startTime":1377.504,"endTime":1380.678,"body":"And, I ended up not losing"},{"speaker":"Ruben Dominguez","startTime":1377.504,"endTime":1380.678,"body":"money, but close to it."},{"speaker":"Ruben Dominguez","startTime":1380.678,"endTime":1383.858,"body":"I think we made a couple thousand dollars"},{"speaker":"Ruben Dominguez","startTime":1380.678,"endTime":1383.858,"body":"on the house, but for all the pain."},{"speaker":"Ruben Dominguez","startTime":1384.158,"endTime":1385.989,"body":"Agony that house caused me."},{"speaker":"Ruben Dominguez","startTime":1385.989,"endTime":1387.012,"body":"It was just not worth it."},{"speaker":"Ruben Dominguez","startTime":1387.012,"endTime":1392.152,"body":"And that was my one time I said, okay, I"},{"speaker":"Ruben Dominguez","startTime":1387.012,"endTime":1392.152,"body":"can never go into another I need to cross"},{"speaker":"Ruben Dominguez","startTime":1392.152,"endTime":1395.842,"body":"all my Ts and dot all my eyes no matter"},{"speaker":"Ruben Dominguez","startTime":1392.152,"endTime":1395.842,"body":"what, no matter how many deals I've done."},{"speaker":"Ruben Dominguez","startTime":1396.142,"endTime":1398.812,"body":"Like you never want to get too"},{"speaker":"Ruben Dominguez","startTime":1396.142,"endTime":1398.812,"body":"confident in what you're buying."},{"speaker":"Average Joe Finances","startTime":1398.962,"endTime":1399.292,"body":"Yeah."},{"speaker":"Average Joe Finances","startTime":1399.352,"endTime":1399.742,"body":"Wow."},{"speaker":"Average Joe Finances","startTime":1399.803,"endTime":1401.826,"body":"That property gave you PTSD, man."},{"speaker":"Average Joe Finances","startTime":1401.976,"endTime":1403.226,"body":"I still wish about it."},{"speaker":"Average Joe Finances","startTime":1403.526,"endTime":1404.666,"body":"every time it rains."},{"speaker":"Average Joe Finances","startTime":1404.816,"endTime":1405.086,"body":"Oh, totally."},{"speaker":"Average Joe Finances","startTime":1405.386,"endTime":1405.536,"body":"Yeah."},{"speaker":"Average Joe Finances","startTime":1405.541,"endTime":1406.205,"body":"I can't imagine."},{"speaker":"Average Joe Finances","startTime":1406.233,"endTime":1407.245,"body":"That's that's pretty rough."},{"speaker":"Average Joe Finances","startTime":1407.25,"endTime":1407.755,"body":"That's pretty rough."},{"speaker":"Average Joe Finances","startTime":1407.755,"endTime":1408.065,"body":"Okay."},{"speaker":"Average Joe Finances","startTime":1408.065,"endTime":1408.437,"body":"Wow."},{"speaker":"Average Joe Finances","startTime":1408.587,"endTime":1409.397,"body":"next question."},{"speaker":"Average Joe Finances","startTime":1409.577,"endTime":1413.717,"body":"What is something that you've learned that"},{"speaker":"Average Joe Finances","startTime":1409.577,"endTime":1413.717,"body":"you wish you knew when you first started?"},{"speaker":"Ruben Dominguez","startTime":1414.017,"endTime":1416.957,"body":"It was, gosh,"},{"speaker":"Ruben Dominguez","startTime":1414.017,"endTime":1416.957,"body":"this is a huge one for me."},{"speaker":"Ruben Dominguez","startTime":1417.257,"endTime":1422.567,"body":"I was the guy that was out there"},{"speaker":"Ruben Dominguez","startTime":1417.257,"endTime":1422.567,"body":"and I said, I can save a few bucks."},{"speaker":"Ruben Dominguez","startTime":1422.867,"endTime":1423.887,"body":"I know how to do that."},{"speaker":"Ruben Dominguez","startTime":1423.887,"endTime":1426.257,"body":"I can take this door out"},{"speaker":"Ruben Dominguez","startTime":1423.887,"endTime":1426.257,"body":"and replace this door."},{"speaker":"Ruben Dominguez","startTime":1426.557,"endTime":1427.337,"body":"It's not that hard."},{"speaker":"Ruben Dominguez","startTime":1427.342,"endTime":1430.581,"body":"I can save, I can save $300"},{"speaker":"Ruben Dominguez","startTime":1427.342,"endTime":1430.581,"body":"doing that in my pocket."},{"speaker":"Ruben Dominguez","startTime":1430.611,"endTime":1434.63,"body":"What I didn't realize is, and you really"},{"speaker":"Ruben Dominguez","startTime":1430.611,"endTime":1434.63,"body":"this is a, this is super important for"},{"speaker":"Ruben Dominguez","startTime":1434.63,"endTime":1437.82,"body":"anyone that's starting is that you gotta"},{"speaker":"Ruben Dominguez","startTime":1434.63,"endTime":1437.82,"body":"figure out what's your most valuable."},{"speaker":"Ruben Dominguez","startTime":1437.97,"endTime":1439.77,"body":"I call it dollar per hour activity."},{"speaker":"Ruben Dominguez","startTime":1439.77,"endTime":1440.88,"body":"I think I read it in a book somewhere."},{"speaker":"Ruben Dominguez","startTime":1440.88,"endTime":1444.15,"body":"I can't remember the book, but you gotta"},{"speaker":"Ruben Dominguez","startTime":1440.88,"endTime":1444.15,"body":"figure out what is the most important"},{"speaker":"Ruben Dominguez","startTime":1444.15,"endTime":1448.68,"body":"thing that you're doing and focus on"},{"speaker":"Ruben Dominguez","startTime":1444.15,"endTime":1448.68,"body":"that and give the other things away to"},{"speaker":"Ruben Dominguez","startTime":1448.68,"endTime":1450.6,"body":"people that are more skilled at that."},{"speaker":"Ruben Dominguez","startTime":1450.634,"endTime":1452.344,"body":"I should hire a contractor"},{"speaker":"Ruben Dominguez","startTime":1450.634,"endTime":1452.344,"body":"to replace a door."},{"speaker":"Ruben Dominguez","startTime":1452.344,"endTime":1455.234,"body":"I shouldn't be out there doing, it's"},{"speaker":"Ruben Dominguez","startTime":1452.344,"endTime":1455.234,"body":"gonna save me 300 bucks, I think."},{"speaker":"Ruben Dominguez","startTime":1455.384,"endTime":1458.054,"body":"But what I should have been doing is"},{"speaker":"Ruben Dominguez","startTime":1455.384,"endTime":1458.054,"body":"out there trying to find, instead of"},{"speaker":"Ruben Dominguez","startTime":1458.054,"endTime":1462.224,"body":"spending five hours on a Saturday, doing"},{"speaker":"Ruben Dominguez","startTime":1458.054,"endTime":1462.224,"body":"that, I should have been out there."},{"speaker":"Ruben Dominguez","startTime":1462.524,"endTime":1466.004,"body":"Trying to find another project when I"},{"speaker":"Ruben Dominguez","startTime":1462.524,"endTime":1466.004,"body":"was a single family and in multifamily"},{"speaker":"Ruben Dominguez","startTime":1466.004,"endTime":1469.544,"body":"it's I should be out there talking to"},{"speaker":"Ruben Dominguez","startTime":1466.004,"endTime":1469.544,"body":"investors or talking to brokers, trying"},{"speaker":"Ruben Dominguez","startTime":1469.544,"endTime":1472.844,"body":"to find a project, cuz I figured out"},{"speaker":"Ruben Dominguez","startTime":1469.544,"endTime":1472.844,"body":"what's my highest dollar prior activity."},{"speaker":"Ruben Dominguez","startTime":1472.844,"endTime":1476.984,"body":"Now it's talking to brokers finding"},{"speaker":"Ruben Dominguez","startTime":1472.844,"endTime":1476.984,"body":"another project or talking to investors"},{"speaker":"Ruben Dominguez","startTime":1476.984,"endTime":1478.514,"body":"so we can go fund another project."},{"speaker":"Ruben Dominguez","startTime":1478.574,"endTime":1481.467,"body":"And I shouldn't be spending my"},{"speaker":"Ruben Dominguez","startTime":1478.574,"endTime":1481.467,"body":"time doing any of that other stuff."},{"speaker":"Ruben Dominguez","startTime":1481.467,"endTime":1484.647,"body":"I should outsource all that other"},{"speaker":"Ruben Dominguez","startTime":1481.467,"endTime":1484.647,"body":"stuff and it might seem man, I'm"},{"speaker":"Ruben Dominguez","startTime":1484.647,"endTime":1486.507,"body":"gonna pay $300 to replace the door."},{"speaker":"Ruben Dominguez","startTime":1486.807,"endTime":1486.987,"body":"Yes."},{"speaker":"Ruben Dominguez","startTime":1486.992,"endTime":1487.077,"body":"But."},{"speaker":"Ruben Dominguez","startTime":1487.377,"endTime":1490.475,"body":"Your dollar per hour should be spent,"},{"speaker":"Ruben Dominguez","startTime":1487.377,"endTime":1490.475,"body":"finding another project you can do cuz"},{"speaker":"Ruben Dominguez","startTime":1490.475,"endTime":1492.165,"body":"the whole project, if you don't have."},{"speaker":"Ruben Dominguez","startTime":1492.382,"endTime":1493.762,"body":"It's a opportunity loss."},{"speaker":"Ruben Dominguez","startTime":1493.762,"endTime":1494.89,"body":"That's probably my biggest thing."},{"speaker":"Ruben Dominguez","startTime":1494.89,"endTime":1496.51,"body":"And I learned that the hard way, right?"},{"speaker":"Ruben Dominguez","startTime":1496.51,"endTime":1498.64,"body":"Trying to save a buck here"},{"speaker":"Ruben Dominguez","startTime":1496.51,"endTime":1498.64,"body":"and a buck there, which really"},{"speaker":"Ruben Dominguez","startTime":1498.64,"endTime":1501.2,"body":"doesn't when it adds up, it's not"},{"speaker":"Ruben Dominguez","startTime":1498.64,"endTime":1501.2,"body":"really gonna get you that far."},{"speaker":"Ruben Dominguez","startTime":1501.22,"endTime":1505.785,"body":"So my advice is go out, find out what's"},{"speaker":"Ruben Dominguez","startTime":1501.22,"endTime":1505.785,"body":"gonna actually get you paid and try to"},{"speaker":"Ruben Dominguez","startTime":1505.785,"endTime":1510.305,"body":"focus all your time on those two or three"},{"speaker":"Ruben Dominguez","startTime":1505.785,"endTime":1510.305,"body":"things and outsource everything else."},{"speaker":"Ruben Dominguez","startTime":1510.605,"endTime":1511.745,"body":"So we use a lot of VAs."},{"speaker":"Ruben Dominguez","startTime":1511.745,"endTime":1514.645,"body":"Now we use a lot of, we use a lot"},{"speaker":"Ruben Dominguez","startTime":1511.745,"endTime":1514.645,"body":"of other people's time, right?"},{"speaker":"Ruben Dominguez","startTime":1514.645,"endTime":1517.435,"body":"Other people's time is huge and"},{"speaker":"Ruben Dominguez","startTime":1514.645,"endTime":1517.435,"body":"they're expert experts at it."},{"speaker":"Ruben Dominguez","startTime":1517.435,"endTime":1519.693,"body":"A contractor can go out and"},{"speaker":"Ruben Dominguez","startTime":1517.435,"endTime":1519.693,"body":"replace a door in an hour."},{"speaker":"Ruben Dominguez","startTime":1519.843,"endTime":1522.393,"body":"And for me, it's gonna take five"},{"speaker":"Ruben Dominguez","startTime":1519.843,"endTime":1522.393,"body":"hours cuz I'm not good at it."},{"speaker":"Ruben Dominguez","startTime":1522.393,"endTime":1525.093,"body":"And I probably, the door is"},{"speaker":"Ruben Dominguez","startTime":1522.393,"endTime":1525.093,"body":"probably broken now that I replaced."},{"speaker":"Ruben Dominguez","startTime":1525.093,"endTime":1526.233,"body":"Cause I didn't do a great job."},{"speaker":"Ruben Dominguez","startTime":1526.238,"endTime":1527.916,"body":"That's probably my biggest"},{"speaker":"Ruben Dominguez","startTime":1526.238,"endTime":1527.916,"body":"lesson that I've learned."},{"speaker":"Average Joe Finances","startTime":1527.916,"endTime":1530.35,"body":"That's a huge lesson"},{"speaker":"Average Joe Finances","startTime":1527.916,"endTime":1530.35,"body":"learned because, and I've heard something"},{"speaker":"Average Joe Finances","startTime":1530.35,"endTime":1533.807,"body":"very similar,  to, answer to this question"},{"speaker":"Average Joe Finances","startTime":1530.35,"endTime":1533.807,"body":"several times,  when I've asked this,"},{"speaker":"Average Joe Finances","startTime":1533.807,"endTime":1536.131,"body":"because the, your time is valuable, right?"},{"speaker":"Average Joe Finances","startTime":1536.136,"endTime":1539.443,"body":"We talk a lot about in real"},{"speaker":"Average Joe Finances","startTime":1536.136,"endTime":1539.443,"body":"estate, We talk about OPM, right?"},{"speaker":"Average Joe Finances","startTime":1539.443,"endTime":1542.233,"body":"We talk about other people's"},{"speaker":"Average Joe Finances","startTime":1539.443,"endTime":1542.233,"body":"money, but what about op P T right."},{"speaker":"Average Joe Finances","startTime":1542.233,"endTime":1543.013,"body":"Other people's time."},{"speaker":"Average Joe Finances","startTime":1543.19,"endTime":1545.98,"body":"You gotta spend your time on, what's"},{"speaker":"Average Joe Finances","startTime":1543.19,"endTime":1545.98,"body":"gonna provide the most value and"},{"speaker":"Average Joe Finances","startTime":1545.98,"endTime":1550.672,"body":"opportunity, for you and your business"},{"speaker":"Average Joe Finances","startTime":1545.98,"endTime":1550.672,"body":"versus what's gonna save you a few bucks."},{"speaker":"Average Joe Finances","startTime":1550.951,"endTime":1554.371,"body":"And it's funny too, because my, my"},{"speaker":"Average Joe Finances","startTime":1550.951,"endTime":1554.371,"body":"podcast it's called average, Joe finances."},{"speaker":"Average Joe Finances","startTime":1554.371,"endTime":1556.259,"body":"One of the prefaces of this is that."},{"speaker":"Average Joe Finances","startTime":1556.308,"endTime":1560.531,"body":"We're trying to, get people outta that"},{"speaker":"Average Joe Finances","startTime":1556.308,"endTime":1560.531,"body":"rat race and out of that, like consumer"},{"speaker":"Average Joe Finances","startTime":1560.531,"endTime":1564.402,"body":"debt,  where folks, a lot of folks get"},{"speaker":"Average Joe Finances","startTime":1560.531,"endTime":1564.402,"body":"stuck and they're stuck working in their"},{"speaker":"Average Joe Finances","startTime":1564.407,"endTime":1568.059,"body":"nine to fives, trying to pay off their"},{"speaker":"Average Joe Finances","startTime":1564.407,"endTime":1568.059,"body":"debt constantly and constantly where,"},{"speaker":"Average Joe Finances","startTime":1568.269,"endTime":1572.359,"body":"you know, when you talk to people that"},{"speaker":"Average Joe Finances","startTime":1568.269,"endTime":1572.359,"body":"have broken out past that, and now"},{"speaker":"Average Joe Finances","startTime":1572.359,"endTime":1575.884,"body":"they're investing and they're in like"},{"speaker":"Average Joe Finances","startTime":1572.359,"endTime":1575.884,"body":"this whole different mindset, right?"},{"speaker":"Average Joe Finances","startTime":1575.884,"endTime":1579.334,"body":"Because there, there has to be several"},{"speaker":"Average Joe Finances","startTime":1575.884,"endTime":1579.334,"body":"mindset shifts on your journey, right?"},{"speaker":"Average Joe Finances","startTime":1579.334,"endTime":1582.296,"body":"The first one, you gotta get yourself"},{"speaker":"Average Joe Finances","startTime":1579.334,"endTime":1582.296,"body":"in a good spot where you can invest."},{"speaker":"Average Joe Finances","startTime":1582.296,"endTime":1583.916,"body":"So you gotta get rid of"},{"speaker":"Average Joe Finances","startTime":1582.296,"endTime":1583.916,"body":"that credit card debt."},{"speaker":"Average Joe Finances","startTime":1583.916,"endTime":1586.715,"body":"You gotta get rid of all that other"},{"speaker":"Average Joe Finances","startTime":1583.916,"endTime":1586.715,"body":"stuff, but then you get to a point where."},{"speaker":"Average Joe Finances","startTime":1587.015,"endTime":1590.855,"body":"Hey, you might actually need credit card"},{"speaker":"Average Joe Finances","startTime":1587.015,"endTime":1590.855,"body":"debt again, because you have to pay for"},{"speaker":"Average Joe Finances","startTime":1591.095,"endTime":1594.755,"body":"a specific thing that has to get done and"},{"speaker":"Average Joe Finances","startTime":1591.095,"endTime":1594.755,"body":"you need to outsource it because your time"},{"speaker":"Average Joe Finances","startTime":1594.755,"endTime":1598.925,"body":"is better spent doing something else than"},{"speaker":"Average Joe Finances","startTime":1594.755,"endTime":1598.925,"body":"trying to save that little bit of money."},{"speaker":"Average Joe Finances","startTime":1599.225,"endTime":1601.025,"body":"So I, I think that's huge, man."},{"speaker":"Average Joe Finances","startTime":1601.123,"endTime":1604.516,"body":"It's part of this evolution"},{"speaker":"Average Joe Finances","startTime":1601.123,"endTime":1604.516,"body":"process of an investor, right?"},{"speaker":"Average Joe Finances","startTime":1604.726,"endTime":1608.034,"body":"It's not, It's not gonna be the"},{"speaker":"Average Joe Finances","startTime":1604.726,"endTime":1608.034,"body":"same for everybody depending on"},{"speaker":"Average Joe Finances","startTime":1608.034,"endTime":1609.474,"body":"where they're at in their journey."},{"speaker":"Average Joe Finances","startTime":1609.664,"endTime":1613.424,"body":"It there's a certain point in time"},{"speaker":"Average Joe Finances","startTime":1609.664,"endTime":1613.424,"body":"where that shift happens, where"},{"speaker":"Average Joe Finances","startTime":1613.604,"endTime":1617.174,"body":"you doing the work yourself is just"},{"speaker":"Average Joe Finances","startTime":1613.604,"endTime":1617.174,"body":"not worth it for some people it's"},{"speaker":"Average Joe Finances","startTime":1617.174,"endTime":1618.764,"body":"very early on for other people."},{"speaker":"Average Joe Finances","startTime":1618.764,"endTime":1619.977,"body":"It's I like doing it myself."},{"speaker":"Average Joe Finances","startTime":1619.977,"endTime":1620.757,"body":"I'm good at it."},{"speaker":"Average Joe Finances","startTime":1620.943,"endTime":1625.282,"body":"And, my time is worth it at this"},{"speaker":"Average Joe Finances","startTime":1620.943,"endTime":1625.282,"body":"point, but then as you scale and get"},{"speaker":"Average Joe Finances","startTime":1625.282,"endTime":1630.472,"body":"bigger and grow, you realize that your"},{"speaker":"Average Joe Finances","startTime":1625.282,"endTime":1630.472,"body":"time is much better spent elsewhere."},{"speaker":"Average Joe Finances","startTime":1630.472,"endTime":1634.681,"body":"So I think that's a super important,"},{"speaker":"Average Joe Finances","startTime":1630.472,"endTime":1634.681,"body":"lesson that you learned that a lot of"},{"speaker":"Average Joe Finances","startTime":1634.681,"endTime":1636.101,"body":"people can get a lot of value out of."},{"speaker":"Average Joe Finances","startTime":1636.101,"endTime":1636.814,"body":"Thank you for that."},{"speaker":"Average Joe Finances","startTime":1636.964,"endTime":1637.474,"body":"All right, you're welcome."},{"speaker":"Average Joe Finances","startTime":1637.474,"endTime":1642.634,"body":"So the next question is, do you have any"},{"speaker":"Average Joe Finances","startTime":1637.474,"endTime":1642.634,"body":"tips or tricks that you would recommend to"},{"speaker":"Average Joe Finances","startTime":1642.634,"endTime":1645.334,"body":"someone who is just getting started today?"},{"speaker":"Ruben Dominguez","startTime":1645.634,"endTime":1646.294,"body":"Yes."},{"speaker":"Ruben Dominguez","startTime":1646.474,"endTime":1649.804,"body":"And I think it is really"},{"speaker":"Ruben Dominguez","startTime":1646.474,"endTime":1649.804,"body":"comes down to people, right?"},{"speaker":"Ruben Dominguez","startTime":1649.804,"endTime":1653.194,"body":"Everything comes down to people, but"},{"speaker":"Ruben Dominguez","startTime":1649.804,"endTime":1653.194,"body":"if you're just getting started, like"},{"speaker":"Ruben Dominguez","startTime":1653.194,"endTime":1657.364,"body":"you gotta get out there and you gotta"},{"speaker":"Ruben Dominguez","startTime":1653.194,"endTime":1657.364,"body":"meet people and surround yourself"},{"speaker":"Ruben Dominguez","startTime":1657.364,"endTime":1659.134,"body":"with people that are successful."},{"speaker":"Ruben Dominguez","startTime":1659.134,"endTime":1663.394,"body":"And I think the, one of the big mistakes"},{"speaker":"Ruben Dominguez","startTime":1659.134,"endTime":1663.394,"body":"that people make a lot is you're"},{"speaker":"Ruben Dominguez","startTime":1663.394,"endTime":1665.254,"body":"getting advice from the wrong people."},{"speaker":"Ruben Dominguez","startTime":1665.314,"endTime":1667.284,"body":"And it might be your parents."},{"speaker":"Ruben Dominguez","startTime":1667.584,"endTime":1670.044,"body":"It might be your brother or"},{"speaker":"Ruben Dominguez","startTime":1667.584,"endTime":1670.044,"body":"sister or your uncle or someone"},{"speaker":"Ruben Dominguez","startTime":1670.049,"endTime":1671.484,"body":"that loves you and you love them."},{"speaker":"Ruben Dominguez","startTime":1671.784,"endTime":1675.594,"body":"But you can't take advice from people that"},{"speaker":"Ruben Dominguez","startTime":1671.784,"endTime":1675.594,"body":"are not successful in what you wanna do."},{"speaker":"Ruben Dominguez","startTime":1675.594,"endTime":1676.554,"body":"If you want to do something."},{"speaker":"Ruben Dominguez","startTime":1676.554,"endTime":1680.357,"body":"If I wanted to be an air traffic"},{"speaker":"Ruben Dominguez","startTime":1676.554,"endTime":1680.357,"body":"controller, I can't take advice"},{"speaker":"Ruben Dominguez","startTime":1680.357,"endTime":1682.907,"body":"from somebody that wasn't ever"},{"speaker":"Ruben Dominguez","startTime":1680.357,"endTime":1682.907,"body":"an air traffic controller."},{"speaker":"Ruben Dominguez","startTime":1682.907,"endTime":1684.827,"body":"It sounds like, oh, that's"},{"speaker":"Ruben Dominguez","startTime":1682.907,"endTime":1684.827,"body":"of course you can't."},{"speaker":"Ruben Dominguez","startTime":1684.832,"endTime":1685.397,"body":"That's ridiculous."},{"speaker":"Ruben Dominguez","startTime":1685.397,"endTime":1688.127,"body":"But the same thing applies"},{"speaker":"Ruben Dominguez","startTime":1685.397,"endTime":1688.127,"body":"to like financial advice."},{"speaker":"Ruben Dominguez","startTime":1688.427,"endTime":1692.357,"body":"And if I want to go flip a house, I"},{"speaker":"Ruben Dominguez","startTime":1688.427,"endTime":1692.357,"body":"shouldn't take advice from someone"},{"speaker":"Ruben Dominguez","startTime":1692.357,"endTime":1693.867,"body":"that was not successful at that."},{"speaker":"Ruben Dominguez","startTime":1694.037,"endTime":1696.347,"body":"I should go find the people"},{"speaker":"Ruben Dominguez","startTime":1694.037,"endTime":1696.347,"body":"that were super successful"},{"speaker":"Ruben Dominguez","startTime":1696.347,"endTime":1697.367,"body":"and try to hang around them."},{"speaker":"Ruben Dominguez","startTime":1697.367,"endTime":1700.577,"body":"And so try to surround yourself"},{"speaker":"Ruben Dominguez","startTime":1697.367,"endTime":1700.577,"body":"with people you wanna be like, and"},{"speaker":"Ruben Dominguez","startTime":1700.577,"endTime":1703.187,"body":"always, I always make the analogy,"},{"speaker":"Ruben Dominguez","startTime":1700.577,"endTime":1703.187,"body":"like when you're growing up, your"},{"speaker":"Ruben Dominguez","startTime":1703.187,"endTime":1705.766,"body":"parents might have told you, don't"},{"speaker":"Ruben Dominguez","startTime":1703.187,"endTime":1705.766,"body":"hang out with those people at school,"},{"speaker":"Ruben Dominguez","startTime":1705.771,"endTime":1706.826,"body":"cuz you're gonna be just like them."},{"speaker":"Ruben Dominguez","startTime":1706.826,"endTime":1708.535,"body":"The same applies in the positive way."},{"speaker":"Ruben Dominguez","startTime":1708.557,"endTime":1710.86,"body":"If you wanna be like somebody"},{"speaker":"Ruben Dominguez","startTime":1708.557,"endTime":1710.86,"body":"go hang out with them."},{"speaker":"Ruben Dominguez","startTime":1711.01,"endTime":1713.32,"body":"And podcasts and books and"},{"speaker":"Ruben Dominguez","startTime":1711.01,"endTime":1713.32,"body":"things like that are great."},{"speaker":"Ruben Dominguez","startTime":1713.32,"endTime":1716.26,"body":"But now that pandemic"},{"speaker":"Ruben Dominguez","startTime":1713.32,"endTime":1716.26,"body":"hopefully is gonna get better."},{"speaker":"Ruben Dominguez","startTime":1716.56,"endTime":1719.5,"body":"Get out to some conferences,"},{"speaker":"Ruben Dominguez","startTime":1716.56,"endTime":1719.5,"body":"get out to some meetups."},{"speaker":"Ruben Dominguez","startTime":1719.68,"endTime":1721.66,"body":"Surround yourself with"},{"speaker":"Ruben Dominguez","startTime":1719.68,"endTime":1721.66,"body":"people in real estate."},{"speaker":"Ruben Dominguez","startTime":1721.66,"endTime":1723.76,"body":"If you want, if real estate's your"},{"speaker":"Ruben Dominguez","startTime":1721.66,"endTime":1723.76,"body":"thing, go out and surround yourself"},{"speaker":"Ruben Dominguez","startTime":1723.76,"endTime":1724.88,"body":"with those people that are doing it."},{"speaker":"Ruben Dominguez","startTime":1725.03,"endTime":1729.499,"body":"And it's like by osmosis, you'll"},{"speaker":"Ruben Dominguez","startTime":1725.03,"endTime":1729.499,"body":"end up starting to do this yourself,"},{"speaker":"Ruben Dominguez","startTime":1729.504,"endTime":1730.739,"body":"just cuz you're hanging out in those."},{"speaker":"Ruben Dominguez","startTime":1730.889,"endTime":1731.969,"body":"It just seems normal."},{"speaker":"Ruben Dominguez","startTime":1731.969,"endTime":1734.019,"body":"And it's more of a mind"},{"speaker":"Ruben Dominguez","startTime":1731.969,"endTime":1734.019,"body":"shift thing, right?"},{"speaker":"Ruben Dominguez","startTime":1734.024,"endTime":1737.019,"body":"You're gonna start acting like"},{"speaker":"Ruben Dominguez","startTime":1734.024,"endTime":1737.019,"body":"those people and doing these deals."},{"speaker":"Ruben Dominguez","startTime":1737.049,"endTime":1740.769,"body":"And on, on top of that, you pick up a lot"},{"speaker":"Ruben Dominguez","startTime":1737.049,"endTime":1740.769,"body":"of stuff from them on their successes."},{"speaker":"Ruben Dominguez","startTime":1740.919,"endTime":1743.08,"body":"That's one of my, one of my"},{"speaker":"Ruben Dominguez","startTime":1740.919,"endTime":1743.08,"body":"pieces of advice, get around"},{"speaker":"Ruben Dominguez","startTime":1743.08,"endTime":1745.711,"body":"those people you wanna be like,"},{"speaker":"Ruben Dominguez","startTime":1743.08,"endTime":1745.711,"body":"and,  you'll start being like them."},{"speaker":"Average Joe Finances","startTime":1745.924,"endTime":1746.584,"body":"Significant."},{"speaker":"Average Joe Finances","startTime":1746.584,"endTime":1749.194,"body":"And that's one of the things"},{"speaker":"Average Joe Finances","startTime":1746.584,"endTime":1749.194,"body":"I talk about a lot, because I"},{"speaker":"Average Joe Finances","startTime":1749.194,"endTime":1750.574,"body":"think that's super important."},{"speaker":"Average Joe Finances","startTime":1750.765,"endTime":1754.638,"body":"You wanna surround yourself with"},{"speaker":"Average Joe Finances","startTime":1750.765,"endTime":1754.638,"body":"like-minded people because, if you keep"},{"speaker":"Average Joe Finances","startTime":1754.643,"endTime":1758.778,"body":"hanging out with the people that are doing"},{"speaker":"Average Joe Finances","startTime":1754.643,"endTime":1758.778,"body":"the same thing and not getting anywhere in"},{"speaker":"Average Joe Finances","startTime":1758.778,"endTime":1760.938,"body":"life, Then that's where you're gonna stay."},{"speaker":"Average Joe Finances","startTime":1761.238,"endTime":1764.205,"body":"But if you surround yourself with"},{"speaker":"Average Joe Finances","startTime":1761.238,"endTime":1764.205,"body":"the people that are breaking out and"},{"speaker":"Average Joe Finances","startTime":1764.205,"endTime":1767.725,"body":"making moves and making it happen,"},{"speaker":"Average Joe Finances","startTime":1764.205,"endTime":1767.725,"body":"you're gonna wanna be like them."},{"speaker":"Average Joe Finances","startTime":1767.73,"endTime":1772.485,"body":"And you're gonna push yourself to stay at"},{"speaker":"Average Joe Finances","startTime":1767.73,"endTime":1772.485,"body":"that level and keep up or surpass them."},{"speaker":"Average Joe Finances","startTime":1772.635,"endTime":1775.477,"body":"And, they always say that, you"},{"speaker":"Average Joe Finances","startTime":1772.635,"endTime":1775.477,"body":"are the average of the five people"},{"speaker":"Average Joe Finances","startTime":1775.537,"endTime":1777.352,"body":"that you surround yourself with."},{"speaker":"Average Joe Finances","startTime":1777.357,"endTime":1779.259,"body":"So surround yourself with people."},{"speaker":"Average Joe Finances","startTime":1779.409,"endTime":1782.829,"body":"You want to be just average"},{"speaker":"Average Joe Finances","startTime":1779.409,"endTime":1782.829,"body":"compared to them, because"},{"speaker":"Average Joe Finances","startTime":1782.829,"endTime":1784.209,"body":"that means you're killing it."},{"speaker":"Average Joe Finances","startTime":1784.375,"endTime":1787.075,"body":"And I love that you said that too,"},{"speaker":"Average Joe Finances","startTime":1784.375,"endTime":1787.075,"body":"about going to meetups and conferences."},{"speaker":"Average Joe Finances","startTime":1787.075,"endTime":1788.065,"body":"I think that's huge."},{"speaker":"Average Joe Finances","startTime":1788.123,"endTime":1790.879,"body":"By the time this episode airs the"},{"speaker":"Average Joe Finances","startTime":1788.123,"endTime":1790.879,"body":"real estate wealth builders conference"},{"speaker":"Average Joe Finances","startTime":1790.879,"endTime":1794.239,"body":"that I'm speaking at in March is,"},{"speaker":"Average Joe Finances","startTime":1790.879,"endTime":1794.239,"body":"will have already passed, but there's"},{"speaker":"Average Joe Finances","startTime":1794.239,"endTime":1797.209,"body":"another one out here in Hawaii in July."},{"speaker":"Average Joe Finances","startTime":1797.239,"endTime":1801.175,"body":"It's the Hawaii millionaire mindset"},{"speaker":"Average Joe Finances","startTime":1797.239,"endTime":1801.175,"body":"conference, that I'm also going to,"},{"speaker":"Average Joe Finances","startTime":1801.175,"endTime":1802.825,"body":"and I'm super excited about that."},{"speaker":"Average Joe Finances","startTime":1803.065,"endTime":1804.665,"body":"So there's so many different."},{"speaker":"Average Joe Finances","startTime":1804.815,"endTime":1807.965,"body":"Things you can get yourself involved"},{"speaker":"Average Joe Finances","startTime":1804.815,"endTime":1807.965,"body":"in, it could be a local meetup."},{"speaker":"Average Joe Finances","startTime":1808.235,"endTime":1811.77,"body":"It could be a larger conference that"},{"speaker":"Average Joe Finances","startTime":1808.235,"endTime":1811.77,"body":"you, you go fly out to and make it a"},{"speaker":"Average Joe Finances","startTime":1811.77,"endTime":1815.791,"body":"trip, make it a big deal and make it"},{"speaker":"Average Joe Finances","startTime":1811.77,"endTime":1815.791,"body":"part of your vision board and your"},{"speaker":"Average Joe Finances","startTime":1815.791,"endTime":1819.259,"body":"goal list, because it's gonna help"},{"speaker":"Average Joe Finances","startTime":1815.791,"endTime":1819.259,"body":"accelerate you to that next level."},{"speaker":"Average Joe Finances","startTime":1819.409,"endTime":1822.349,"body":"And key thing is meeting"},{"speaker":"Average Joe Finances","startTime":1819.409,"endTime":1822.349,"body":"people and educating yourself."},{"speaker":"Average Joe Finances","startTime":1822.415,"endTime":1823.745,"body":"I, it's absolutely huge."},{"speaker":"Average Joe Finances","startTime":1823.745,"endTime":1825.302,"body":"So totally huge speaking."},{"speaker":"Average Joe Finances","startTime":1825.452,"endTime":1829.261,"body":"Speaking of educating yourself,  this"},{"speaker":"Average Joe Finances","startTime":1825.452,"endTime":1829.261,"body":"kind of ties right into the fourth"},{"speaker":"Average Joe Finances","startTime":1829.261,"endTime":1834.572,"body":"and final question of the final round"},{"speaker":"Average Joe Finances","startTime":1829.261,"endTime":1834.572,"body":"here and,  that is,  Ruben do you have"},{"speaker":"Average Joe Finances","startTime":1834.572,"endTime":1840.395,"body":"a favorite business investing or real"},{"speaker":"Average Joe Finances","startTime":1834.572,"endTime":1840.395,"body":"estate related book or podcast or both?"},{"speaker":"Ruben Dominguez","startTime":1840.695,"endTime":1843.335,"body":"Oh, man,"},{"speaker":"Ruben Dominguez","startTime":1840.695,"endTime":1843.335,"body":"I've got all kinds of stuff."},{"speaker":"Ruben Dominguez","startTime":1843.535,"endTime":1844.825,"body":"Can we try to narrow it down?"},{"speaker":"Ruben Dominguez","startTime":1844.855,"endTime":1845.215,"body":"Okay."},{"speaker":"Ruben Dominguez","startTime":1845.215,"endTime":1850.135,"body":"There's for anyone looking to get into"},{"speaker":"Ruben Dominguez","startTime":1845.215,"endTime":1850.135,"body":"some type of real estate, the book that"},{"speaker":"Ruben Dominguez","startTime":1850.14,"endTime":1853.664,"body":"I always look back on, that was huge"},{"speaker":"Ruben Dominguez","startTime":1850.14,"endTime":1853.664,"body":"for me was called the million eight,"},{"speaker":"Ruben Dominguez","startTime":1853.844,"endTime":1856.064,"body":"the million there real estate investor."},{"speaker":"Ruben Dominguez","startTime":1856.232,"endTime":1857.822,"body":"It's written by Gary Keller."},{"speaker":"Ruben Dominguez","startTime":1857.995,"endTime":1858.865,"body":"Of Keller Williams."},{"speaker":"Ruben Dominguez","startTime":1859.015,"endTime":1863.515,"body":"And it basically is a 19, I believe"},{"speaker":"Ruben Dominguez","startTime":1859.015,"endTime":1863.515,"body":"it's 19 year plan of how you can go"},{"speaker":"Ruben Dominguez","startTime":1863.515,"endTime":1869.095,"body":"from just working a regular job and"},{"speaker":"Ruben Dominguez","startTime":1863.515,"endTime":1869.095,"body":"become a millionaire by the time by, I"},{"speaker":"Ruben Dominguez","startTime":1869.095,"endTime":1874.165,"body":"think it's 19 years now, he uses very"},{"speaker":"Ruben Dominguez","startTime":1869.095,"endTime":1874.165,"body":"conservative numbers and this is back."},{"speaker":"Ruben Dominguez","startTime":1874.165,"endTime":1878.155,"body":"He wrote this book back when interest"},{"speaker":"Ruben Dominguez","startTime":1874.165,"endTime":1878.155,"body":"rates were 7%, 8% to buy house."},{"speaker":"Ruben Dominguez","startTime":1878.155,"endTime":1882.127,"body":"These are on market houses that they"},{"speaker":"Ruben Dominguez","startTime":1878.155,"endTime":1882.127,"body":"use it in,  use it for examples."},{"speaker":"Ruben Dominguez","startTime":1882.197,"endTime":1884.763,"body":"And so that's really what"},{"speaker":"Ruben Dominguez","startTime":1882.197,"endTime":1884.763,"body":"helped me understand, okay."},{"speaker":"Ruben Dominguez","startTime":1884.768,"endTime":1886.713,"body":"I need to start going out there"},{"speaker":"Ruben Dominguez","startTime":1884.768,"endTime":1886.713,"body":"and buying some real estate."},{"speaker":"Ruben Dominguez","startTime":1886.713,"endTime":1890.181,"body":"So I'd recommend that book, for"},{"speaker":"Ruben Dominguez","startTime":1886.713,"endTime":1890.181,"body":"multifamily, if you want to get"},{"speaker":"Ruben Dominguez","startTime":1890.393,"endTime":1895.243,"body":"involved in multifamily, a lot"},{"speaker":"Ruben Dominguez","startTime":1890.393,"endTime":1895.243,"body":"of it has to do with, it's really"},{"speaker":"Ruben Dominguez","startTime":1895.543,"endTime":1897.943,"body":"you have to raise a lot of money,"},{"speaker":"Ruben Dominguez","startTime":1895.543,"endTime":1897.943,"body":"right when you're in multifamily."},{"speaker":"Ruben Dominguez","startTime":1897.943,"endTime":1903.013,"body":"So you have to talk to a lot of investors"},{"speaker":"Ruben Dominguez","startTime":1897.943,"endTime":1903.013,"body":"and, a lot of people are apprehensive"},{"speaker":"Ruben Dominguez","startTime":1903.193,"endTime":1904.753,"body":"cuz they think it's too good to be true."},{"speaker":"Ruben Dominguez","startTime":1904.969,"endTime":1905.444,"body":"what are you talking about?"},{"speaker":"Ruben Dominguez","startTime":1905.444,"endTime":1908.318,"body":"15 to 20% returns tax benefits."},{"speaker":"Ruben Dominguez","startTime":1908.468,"endTime":1909.818,"body":"There's gotta be what's the catch."},{"speaker":"Ruben Dominguez","startTime":1909.818,"endTime":1910.838,"body":"You're gonna take all my money."},{"speaker":"Ruben Dominguez","startTime":1910.838,"endTime":1914.097,"body":"So they think it's a scam and there's"},{"speaker":"Ruben Dominguez","startTime":1910.838,"endTime":1914.097,"body":"some valid reasons why people don't,"},{"speaker":"Ruben Dominguez","startTime":1914.097,"endTime":1915.687,"body":"haven't heard about these investments."},{"speaker":"Ruben Dominguez","startTime":1915.736,"endTime":1918.466,"body":"Mostly because the SCC doesn't"},{"speaker":"Ruben Dominguez","startTime":1915.736,"endTime":1918.466,"body":"let us talk about 'em right."},{"speaker":"Ruben Dominguez","startTime":1918.466,"endTime":1919.666,"body":"I couldn't tell you about an investment."},{"speaker":"Ruben Dominguez","startTime":1919.666,"endTime":1920.446,"body":"I had open right now."},{"speaker":"Ruben Dominguez","startTime":1920.596,"endTime":1921.316,"body":"It's against the rules."},{"speaker":"Ruben Dominguez","startTime":1921.321,"endTime":1921.856,"body":"I can't do it."},{"speaker":"Ruben Dominguez","startTime":1922.012,"endTime":1927.142,"body":"There's a book called,  pitch anything"},{"speaker":"Ruben Dominguez","startTime":1922.012,"endTime":1927.142,"body":"it's by, or it's a great book on how to"},{"speaker":"Ruben Dominguez","startTime":1927.172,"endTime":1931.012,"body":"present your idea, because what I run into"},{"speaker":"Ruben Dominguez","startTime":1927.172,"endTime":1931.012,"body":"a lot of time when I'm talking, raising"},{"speaker":"Ruben Dominguez","startTime":1931.012,"endTime":1935.272,"body":"capital out, People are immediately gonna"},{"speaker":"Ruben Dominguez","startTime":1931.012,"endTime":1935.272,"body":"think you're trying to scam 'em and,"},{"speaker":"Ruben Dominguez","startTime":1935.328,"endTime":1939.763,"body":"they're they have this block they put,"},{"speaker":"Ruben Dominguez","startTime":1935.328,"endTime":1939.763,"body":"and they will not go past that block."},{"speaker":"Ruben Dominguez","startTime":1939.793,"endTime":1943.213,"body":"And that book's really great about telling"},{"speaker":"Ruben Dominguez","startTime":1939.793,"endTime":1943.213,"body":"you how to get, and it's just a fight or"},{"speaker":"Ruben Dominguez","startTime":1943.213,"endTime":1945.113,"body":"flight instinct that people have, right."},{"speaker":"Ruben Dominguez","startTime":1945.263,"endTime":1947.813,"body":"There's a bad investment if"},{"speaker":"Ruben Dominguez","startTime":1945.263,"endTime":1947.813,"body":"it's too good to be true."},{"speaker":"Ruben Dominguez","startTime":1948.113,"endTime":1953.153,"body":"And so that book really helped me"},{"speaker":"Ruben Dominguez","startTime":1948.113,"endTime":1953.153,"body":"get past that to, to really have"},{"speaker":"Ruben Dominguez","startTime":1953.153,"endTime":1956.363,"body":"investors feel comfortable and"},{"speaker":"Ruben Dominguez","startTime":1953.153,"endTime":1956.363,"body":"understand that, Hey, this isn't scam,"},{"speaker":"Ruben Dominguez","startTime":1956.363,"endTime":1957.473,"body":"this is actually really good deal."},{"speaker":"Ruben Dominguez","startTime":1957.473,"endTime":1958.215,"body":"That, book's great."},{"speaker":"Ruben Dominguez","startTime":1958.22,"endTime":1959.835,"body":"I don't know if you read"},{"speaker":"Ruben Dominguez","startTime":1958.22,"endTime":1959.835,"body":"it, but it's a great book."},{"speaker":"Ruben Dominguez","startTime":1959.835,"endTime":1962.235,"body":"And if you read, if you listen"},{"speaker":"Ruben Dominguez","startTime":1959.835,"endTime":1962.235,"body":"to the audio book on that,"},{"speaker":"Ruben Dominguez","startTime":1962.235,"endTime":1963.415,"body":"it's actually the author."},{"speaker":"Ruben Dominguez","startTime":1963.565,"endTime":1965.581,"body":"He's he's the one that's,  talking."},{"speaker":"Ruben Dominguez","startTime":1965.581,"endTime":1966.391,"body":"So it's really good."},{"speaker":"Ruben Dominguez","startTime":1966.391,"endTime":1969.254,"body":"Cuz he goes a little bit further than"},{"speaker":"Ruben Dominguez","startTime":1966.391,"endTime":1969.254,"body":"the book does and I've done both."},{"speaker":"Ruben Dominguez","startTime":1969.254,"endTime":1972.244,"body":"I read the book and listened to the"},{"speaker":"Ruben Dominguez","startTime":1969.254,"endTime":1972.244,"body":"podcast, the audio book version of it."},{"speaker":"Ruben Dominguez","startTime":1972.414,"endTime":1973.134,"body":"They're both great."},{"speaker":"Average Joe Finances","startTime":1973.175,"endTime":1976.408,"body":"I like audiobooks,"},{"speaker":"Average Joe Finances","startTime":1973.175,"endTime":1976.408,"body":"because I like to,  listen to in"},{"speaker":"Average Joe Finances","startTime":1976.408,"endTime":1979.298,"body":"my car, like during my commute or"},{"speaker":"Average Joe Finances","startTime":1976.408,"endTime":1979.298,"body":"just pretty much any time that I'm"},{"speaker":"Average Joe Finances","startTime":1979.298,"endTime":1981.668,"body":"listening to something, I don't really"},{"speaker":"Average Joe Finances","startTime":1979.298,"endTime":1981.668,"body":"listen to music too much anymore,"},{"speaker":"Average Joe Finances","startTime":1981.668,"endTime":1982.808,"body":"except for like when I'm working out."},{"speaker":"Average Joe Finances","startTime":1982.813,"endTime":1985.458,"body":"But even sometimes when I'm working"},{"speaker":"Average Joe Finances","startTime":1982.813,"endTime":1985.458,"body":"out, I'll be listening to a podcast"},{"speaker":"Average Joe Finances","startTime":1985.758,"endTime":1989.388,"body":"or an audio book and same because it's"},{"speaker":"Average Joe Finances","startTime":1985.758,"endTime":1989.388,"body":"super important that you keep yourself,"},{"speaker":"Average Joe Finances","startTime":1989.388,"endTime":1990.996,"body":"you keep learning, and you keep."},{"speaker":"Average Joe Finances","startTime":1991.204,"endTime":1993.124,"body":"I like to call myself a content sponge."},{"speaker":"Average Joe Finances","startTime":1993.274,"endTime":1997.054,"body":"Most of the stuff I watch on YouTube,"},{"speaker":"Average Joe Finances","startTime":1993.274,"endTime":1997.054,"body":"or even on TikTok and stuff like that"},{"speaker":"Average Joe Finances","startTime":1997.324,"endTime":1999.814,"body":"is all stuff that would add value."},{"speaker":"Average Joe Finances","startTime":1999.814,"endTime":2000.962,"body":"It's business related totally."},{"speaker":"Average Joe Finances","startTime":2000.967,"endTime":2004.132,"body":"Or it's real estate related, investing"},{"speaker":"Average Joe Finances","startTime":2000.967,"endTime":2004.132,"body":"related, of course there's every now"},{"speaker":"Average Joe Finances","startTime":2004.132,"endTime":2007.028,"body":"and then a stupid cat video pops up"},{"speaker":"Average Joe Finances","startTime":2004.132,"endTime":2007.028,"body":"and, you laugh and you giggle a little"},{"speaker":"Average Joe Finances","startTime":2007.028,"endTime":2009.876,"body":"bit and then you swipe away and then"},{"speaker":"Average Joe Finances","startTime":2007.028,"endTime":2009.876,"body":"something else of value comes up."},{"speaker":"Average Joe Finances","startTime":2009.939,"endTime":2010.119,"body":"Totally."},{"speaker":"Average Joe Finances","startTime":2010.18,"endTime":2014.353,"body":"It's, Keeping your mind open to, to"},{"speaker":"Average Joe Finances","startTime":2010.18,"endTime":2014.353,"body":"continue learning and just being,"},{"speaker":"Average Joe Finances","startTime":2014.413,"endTime":2018.073,"body":"like I said, a content sponge can"},{"speaker":"Average Joe Finances","startTime":2014.413,"endTime":2018.073,"body":"really help you accelerate what you're"},{"speaker":"Average Joe Finances","startTime":2018.073,"endTime":2020.768,"body":"trying to do, in business or in life."},{"speaker":"Average Joe Finances","startTime":2020.797,"endTime":2024.215,"body":"There's even a lot of really great"},{"speaker":"Average Joe Finances","startTime":2020.797,"endTime":2024.215,"body":"wellness, podcasts and books out"},{"speaker":"Average Joe Finances","startTime":2024.215,"endTime":2028.145,"body":"there that can just help you be"},{"speaker":"Average Joe Finances","startTime":2024.215,"endTime":2028.145,"body":"happier in general, because what"},{"speaker":"Average Joe Finances","startTime":2028.195,"endTime":2031.415,"body":"happens when you start making all"},{"speaker":"Average Joe Finances","startTime":2028.195,"endTime":2031.415,"body":"this money and you free up your time."},{"speaker":"Average Joe Finances","startTime":2031.595,"endTime":2034.235,"body":"You need to focus on other things"},{"speaker":"Average Joe Finances","startTime":2031.595,"endTime":2034.235,"body":"you need to focus on your family."},{"speaker":"Average Joe Finances","startTime":2034.235,"endTime":2035.405,"body":"You need to focus on your health."},{"speaker":"Average Joe Finances","startTime":2035.405,"endTime":2039.065,"body":"You need to focus on things that"},{"speaker":"Average Joe Finances","startTime":2035.405,"endTime":2039.065,"body":"will make you happy and prolong your"},{"speaker":"Average Joe Finances","startTime":2039.065,"endTime":2040.565,"body":"life and different things like that."},{"speaker":"Average Joe Finances","startTime":2040.594,"endTime":2041.584,"body":"Super important."},{"speaker":"Average Joe Finances","startTime":2041.584,"endTime":2044.006,"body":"And, those are two great"},{"speaker":"Average Joe Finances","startTime":2041.584,"endTime":2044.006,"body":"book recommendations for"},{"speaker":"Average Joe Finances","startTime":2044.006,"endTime":2044.906,"body":"everybody that's listening."},{"speaker":"Average Joe Finances","startTime":2045.064,"endTime":2045.664,"body":"Go check 'em out."},{"speaker":"Average Joe Finances","startTime":2045.873,"endTime":2048.843,"body":"Yeah, so Ruben, this"},{"speaker":"Average Joe Finances","startTime":2045.873,"endTime":2048.843,"body":"was absolutely awesome."},{"speaker":"Average Joe Finances","startTime":2049.023,"endTime":2052.473,"body":"I do have one more question for you"},{"speaker":"Average Joe Finances","startTime":2049.023,"endTime":2052.473,"body":"now that's outside of the final round."},{"speaker":"Average Joe Finances","startTime":2052.732,"endTime":2055.236,"body":"But this is probably the most"},{"speaker":"Average Joe Finances","startTime":2052.732,"endTime":2055.236,"body":"important question of all, because"},{"speaker":"Average Joe Finances","startTime":2055.283,"endTime":2058.253,"body":"we've been sitting here chatting"},{"speaker":"Average Joe Finances","startTime":2055.283,"endTime":2058.253,"body":"about some really awesome information."},{"speaker":"Average Joe Finances","startTime":2058.493,"endTime":2062.147,"body":"You've been putting out some valuable"},{"speaker":"Average Joe Finances","startTime":2058.493,"endTime":2062.147,"body":"information,  and the people that are"},{"speaker":"Average Joe Finances","startTime":2062.152,"endTime":2065.837,"body":"listening probably wanna know more"},{"speaker":"Average Joe Finances","startTime":2062.152,"endTime":2065.837,"body":"about you, who you are, what you're"},{"speaker":"Average Joe Finances","startTime":2065.837,"endTime":2068.367,"body":"doing and, and how they could find you."},{"speaker":"Average Joe Finances","startTime":2068.367,"endTime":2072.35,"body":"So if you could, this is your time to"},{"speaker":"Average Joe Finances","startTime":2068.367,"endTime":2072.35,"body":"shine and tell us,  where can people"},{"speaker":"Average Joe Finances","startTime":2072.35,"endTime":2074.03,"body":"find more information about you?"},{"speaker":"Average Joe Finances","startTime":2074.065,"endTime":2076.8,"body":"Do you have a website you could share"},{"speaker":"Average Joe Finances","startTime":2074.065,"endTime":2076.8,"body":"with us any social media or anything"},{"speaker":"Average Joe Finances","startTime":2076.8,"endTime":2078.18,"body":"like that where people could follow you?"},{"speaker":"Ruben Dominguez","startTime":2078.397,"endTime":2079.357,"body":"Absolutely."},{"speaker":"Ruben Dominguez","startTime":2079.447,"endTime":2082.447,"body":"Probably the best place is our website."},{"speaker":"Ruben Dominguez","startTime":2082.747,"endTime":2086.407,"body":"It's totem like a totem"},{"speaker":"Ruben Dominguez","startTime":2082.747,"endTime":2086.407,"body":"pole, totemcapitalgroup.com."},{"speaker":"Ruben Dominguez","startTime":2086.707,"endTime":2089.497,"body":"And there's a, you can set up"},{"speaker":"Ruben Dominguez","startTime":2086.707,"endTime":2089.497,"body":"a call with me on that website."},{"speaker":"Ruben Dominguez","startTime":2089.577,"endTime":2092.467,"body":"You can set up for our newsletter so"},{"speaker":"Ruben Dominguez","startTime":2089.577,"endTime":2092.467,"body":"you can see what we're doing out there."},{"speaker":"Ruben Dominguez","startTime":2092.617,"endTime":2095.857,"body":"And then we also have another"},{"speaker":"Ruben Dominguez","startTime":2092.617,"endTime":2095.857,"body":"company called apartment educators."},{"speaker":"Ruben Dominguez","startTime":2095.857,"endTime":2097.017,"body":"It's apartmenteducators.com."},{"speaker":"Ruben Dominguez","startTime":2097.297,"endTime":2098.017,"body":"We started that."},{"speaker":"Ruben Dominguez","startTime":2098.022,"endTime":2100.147,"body":"We, we give away a bunch"},{"speaker":"Ruben Dominguez","startTime":2098.022,"endTime":2100.147,"body":"of content on that."},{"speaker":"Ruben Dominguez","startTime":2100.152,"endTime":2103.057,"body":"People are interested in"},{"speaker":"Ruben Dominguez","startTime":2100.152,"endTime":2103.057,"body":"getting active in multifamily."},{"speaker":"Ruben Dominguez","startTime":2103.062,"endTime":2104.047,"body":"That's a great place to."},{"speaker":"Ruben Dominguez","startTime":2104.347,"endTime":2107.497,"body":"And if you're looking to just sync up"},{"speaker":"Ruben Dominguez","startTime":2104.347,"endTime":2107.497,"body":"with me, my, my website, it's probably"},{"speaker":"Ruben Dominguez","startTime":2107.497,"endTime":2108.967,"body":"the best place to, to catch me."},{"speaker":"Ruben Dominguez","startTime":2108.967,"endTime":2113.077,"body":"Also, my email is Ruben"},{"speaker":"Ruben Dominguez","startTime":2108.967,"endTime":2113.077,"body":"totem capital group.com."},{"speaker":"Ruben Dominguez","startTime":2113.377,"endTime":2115.927,"body":"I'm happy to engage anyone over email."},{"speaker":"Ruben Dominguez","startTime":2115.927,"endTime":2119.057,"body":"If you have questions or you're"},{"speaker":"Ruben Dominguez","startTime":2115.927,"endTime":2119.057,"body":"interested in investing, or you just"},{"speaker":"Ruben Dominguez","startTime":2119.057,"endTime":2122.717,"body":"wanna you're in San Antonio, you wanna"},{"speaker":"Ruben Dominguez","startTime":2119.057,"endTime":2122.717,"body":"go out for coffee and get some advice."},{"speaker":"Ruben Dominguez","startTime":2122.717,"endTime":2124.067,"body":"Happy to do that with anyone."},{"speaker":"Ruben Dominguez","startTime":2124.067,"endTime":2125.177,"body":"I love helping people."},{"speaker":"Ruben Dominguez","startTime":2125.177,"endTime":2128.386,"body":"I really do enjoy helping"},{"speaker":"Ruben Dominguez","startTime":2125.177,"endTime":2128.386,"body":"people in their real estate."},{"speaker":"Ruben Dominguez","startTime":2128.386,"endTime":2132.376,"body":"So anyone has quite, I'm happy to show"},{"speaker":"Ruben Dominguez","startTime":2128.386,"endTime":2132.376,"body":"all my spreadsheets and all my stuff that"},{"speaker":"Ruben Dominguez","startTime":2132.376,"endTime":2133.936,"body":"we use, especially in the single family."},{"speaker":"Ruben Dominguez","startTime":2133.936,"endTime":2135.476,"body":"I had it, I had a big system."},{"speaker":"Ruben Dominguez","startTime":2135.642,"endTime":2138.192,"body":"But except if anyone's interested"},{"speaker":"Ruben Dominguez","startTime":2135.642,"endTime":2138.192,"body":"in any of that, happy to just give"},{"speaker":"Ruben Dominguez","startTime":2138.192,"endTime":2141.245,"body":"that away for free, we don't, I try"},{"speaker":"Ruben Dominguez","startTime":2138.192,"endTime":2141.245,"body":"to help as many people as I can."},{"speaker":"Average Joe Finances","startTime":2141.395,"endTime":2142.323,"body":"That's fantastic."},{"speaker":"Average Joe Finances","startTime":2142.323,"endTime":2143.565,"body":"That and super valuable."},{"speaker":"Average Joe Finances","startTime":2143.565,"endTime":2146.643,"body":"So Ruben really appreciate that really"},{"speaker":"Average Joe Finances","startTime":2143.565,"endTime":2146.643,"body":"enjoy, really appreciate you taking"},{"speaker":"Average Joe Finances","startTime":2146.643,"endTime":2150.303,"body":"the time on a Saturday to sit here"},{"speaker":"Average Joe Finances","startTime":2146.643,"endTime":2150.303,"body":"and have this conversation with me"},{"speaker":"Average Joe Finances","startTime":2150.48,"endTime":2152.703,"body":"and,  an awesome conversation at that."},{"speaker":"Average Joe Finances","startTime":2152.913,"endTime":2155.579,"body":"And then also being so generous"},{"speaker":"Average Joe Finances","startTime":2152.913,"endTime":2155.579,"body":"with everything that you do."},{"speaker":"Average Joe Finances","startTime":2155.632,"endTime":2159.459,"body":"So everybody go check out his websites"},{"speaker":"Average Joe Finances","startTime":2155.632,"endTime":2159.459,"body":"and,  we'll make sure we have links to"},{"speaker":"Average Joe Finances","startTime":2159.459,"endTime":2163.329,"body":"all of that in the show notes below to"},{"speaker":"Average Joe Finances","startTime":2159.459,"endTime":2163.329,"body":"make it just a little bit easier for you."},{"speaker":"Average Joe Finances","startTime":2163.329,"endTime":2165.699,"body":"So if you're driving, don't sit"},{"speaker":"Average Joe Finances","startTime":2163.329,"endTime":2165.699,"body":"here and try to write that down"},{"speaker":"Average Joe Finances","startTime":2165.699,"endTime":2166.929,"body":"or try to go to the website."},{"speaker":"Average Joe Finances","startTime":2166.936,"endTime":2168.856,"body":"Wait till you're in a good spot"},{"speaker":"Average Joe Finances","startTime":2166.936,"endTime":2168.856,"body":"and just go to the show notes."},{"speaker":"Average Joe Finances","startTime":2168.856,"endTime":2169.576,"body":"It'll be there."},{"speaker":"Average Joe Finances","startTime":2169.846,"endTime":2173.585,"body":"And,  as, as well as Ruben's email, so"},{"speaker":"Average Joe Finances","startTime":2169.846,"endTime":2173.585,"body":"you can get in touch with them and,  yeah."},{"speaker":"Average Joe Finances","startTime":2173.615,"endTime":2177.069,"body":"Hey,  again, Ruben, great value"},{"speaker":"Average Joe Finances","startTime":2173.615,"endTime":2177.069,"body":"added in this podcast episode."},{"speaker":"Average Joe Finances","startTime":2177.369,"endTime":2179.471,"body":"Again, thank you so much"},{"speaker":"Average Joe Finances","startTime":2177.369,"endTime":2179.471,"body":"for chatting with me today."},{"speaker":"Ruben Dominguez","startTime":2179.771,"endTime":2180.821,"body":"Thanks"},{"speaker":"Ruben Dominguez","startTime":2179.771,"endTime":2180.821,"body":"for having me, Mike."},{"speaker":"Ruben Dominguez","startTime":2180.821,"endTime":2181.631,"body":"I appreciate you."},{"speaker":"Average Joe Finances","startTime":2181.931,"endTime":2182.441,"body":"Awesome."},{"speaker":"Average Joe Finances","startTime":2182.446,"endTime":2183.551,"body":"Aloha from Hawaii."}]}