{"version":"1.0.0","segments":[{"speaker":"Average Joe Finances","startTime":0.669,"endTime":2.109,"body":"Hey,"},{"speaker":"Average Joe Finances","startTime":0.669,"endTime":2.109,"body":"Welcome back everybody to the"},{"speaker":"Average Joe Finances","startTime":2.109,"endTime":3.699,"body":"Average Joe Finances podcast."},{"speaker":"Average Joe Finances","startTime":3.699,"endTime":8.169,"body":"I'm your host, Mike Cavaggioni,"},{"speaker":"Average Joe Finances","startTime":3.699,"endTime":8.169,"body":"and today's guest is Kyle Root."},{"speaker":"Average Joe Finances","startTime":8.169,"endTime":12.099,"body":"So Kyle, I'm super excited to have"},{"speaker":"Average Joe Finances","startTime":8.169,"endTime":12.099,"body":"you on, especially with what we were"},{"speaker":"Average Joe Finances","startTime":12.099,"endTime":17.059,"body":"talking about pre-recording about what"},{"speaker":"Average Joe Finances","startTime":12.099,"endTime":17.059,"body":"you're doing at a very young age, man"},{"speaker":"Average Joe Finances","startTime":17.159,"endTime":18.749,"body":"at least to be where you're at today."},{"speaker":"Average Joe Finances","startTime":18.754,"endTime":19.919,"body":"So I'm super excited."},{"speaker":"Average Joe Finances","startTime":20.279,"endTime":21.749,"body":"Thank you so much for joining me today."},{"speaker":"Kyle Root","startTime":22.889,"endTime":24.269,"body":"Yeah, Mike,"},{"speaker":"Kyle Root","startTime":22.889,"endTime":24.269,"body":"thanks so much for having me."},{"speaker":"Average Joe Finances","startTime":24.824,"endTime":25.424,"body":"Absolutely."},{"speaker":"Average Joe Finances","startTime":25.424,"endTime":28.064,"body":"So Kyle, I wanna just knock"},{"speaker":"Average Joe Finances","startTime":25.424,"endTime":28.064,"body":"this off right off the bat."},{"speaker":"Average Joe Finances","startTime":28.064,"endTime":31.634,"body":"Start this thing the same way we"},{"speaker":"Average Joe Finances","startTime":28.064,"endTime":31.634,"body":"start every podcast episode and"},{"speaker":"Average Joe Finances","startTime":31.634,"endTime":32.864,"body":"we wanna know more about you."},{"speaker":"Average Joe Finances","startTime":33.194,"endTime":35.264,"body":"So if you could share a little"},{"speaker":"Average Joe Finances","startTime":33.194,"endTime":35.264,"body":"bit about yourself, share"},{"speaker":"Average Joe Finances","startTime":35.264,"endTime":36.824,"body":"your background, your story."},{"speaker":"Average Joe Finances","startTime":36.974,"endTime":38.654,"body":"Who is Kyle Root?"},{"speaker":"Kyle Root","startTime":39.944,"endTime":40.364,"body":"Yeah, man."},{"speaker":"Kyle Root","startTime":40.364,"endTime":43.664,"body":"So I grew up, born and raised in Michigan."},{"speaker":"Kyle Root","startTime":43.764,"endTime":48.514,"body":"My grew up in potassium Michigan,"},{"speaker":"Kyle Root","startTime":43.764,"endTime":48.514,"body":"which is a small area was born there."},{"speaker":"Kyle Root","startTime":48.694,"endTime":52.774,"body":"Ended up moving about an hour, oh,"},{"speaker":"Kyle Root","startTime":48.694,"endTime":52.774,"body":"maybe an hour and 15 minutes north."},{"speaker":"Kyle Root","startTime":52.779,"endTime":55.994,"body":"So if anyone's familiar with"},{"speaker":"Kyle Root","startTime":52.779,"endTime":55.994,"body":"Michigan you got the upper peninsula."},{"speaker":"Kyle Root","startTime":56.024,"endTime":56.444,"body":"You could."},{"speaker":"Kyle Root","startTime":56.809,"endTime":59.679,"body":"Basically walk out my back"},{"speaker":"Kyle Root","startTime":56.809,"endTime":59.679,"body":"door and be close to Canada."},{"speaker":"Kyle Root","startTime":59.679,"endTime":65.819,"body":"We were north and again, grew up in a"},{"speaker":"Kyle Root","startTime":59.679,"endTime":65.819,"body":"small town was your, oh, how to put it"},{"speaker":"Kyle Root","startTime":66.149,"endTime":68.464,"body":"kindly your classic jock if you will."},{"speaker":"Kyle Root","startTime":68.514,"endTime":70.164,"body":"Didn't take school seriously."},{"speaker":"Kyle Root","startTime":70.459,"endTime":73.639,"body":"Didn't get great grades, didn't get"},{"speaker":"Kyle Root","startTime":70.459,"endTime":73.639,"body":"terrible grades, just right down"},{"speaker":"Kyle Root","startTime":73.639,"endTime":77.584,"body":"the middle, just enough to, keep"},{"speaker":"Kyle Root","startTime":73.639,"endTime":77.584,"body":"playing sports and plowing away."},{"speaker":"Kyle Root","startTime":77.584,"endTime":80.434,"body":"So that was my claim to fame,"},{"speaker":"Kyle Root","startTime":77.584,"endTime":80.434,"body":"was being an athlete and a lot"},{"speaker":"Kyle Root","startTime":80.434,"endTime":81.634,"body":"of great lessons came from it."},{"speaker":"Kyle Root","startTime":81.724,"endTime":84.994,"body":"And I was lucky enough to go to"},{"speaker":"Kyle Root","startTime":81.724,"endTime":84.994,"body":"college, played football in college"},{"speaker":"Kyle Root","startTime":84.999,"endTime":88.954,"body":"at a small division two school, and"},{"speaker":"Kyle Root","startTime":84.999,"endTime":88.954,"body":"again, great lessons through there."},{"speaker":"Kyle Root","startTime":89.004,"endTime":93.654,"body":"Wasn't a great student again in"},{"speaker":"Kyle Root","startTime":89.004,"endTime":93.654,"body":"college until about my junior year."},{"speaker":"Kyle Root","startTime":94.194,"endTime":97.524,"body":"And I started off in construction,"},{"speaker":"Kyle Root","startTime":94.194,"endTime":97.524,"body":"so that was my background was"},{"speaker":"Kyle Root","startTime":97.524,"endTime":98.664,"body":"in construction management."},{"speaker":"Kyle Root","startTime":98.664,"endTime":99.984,"body":"That's what I went to school for."},{"speaker":"Kyle Root","startTime":100.044,"endTime":104.784,"body":"And I got my first job as a freshman,"},{"speaker":"Kyle Root","startTime":100.044,"endTime":104.784,"body":"which was painting, and then my"},{"speaker":"Kyle Root","startTime":104.784,"endTime":106.464,"body":"next year I was pouring concrete."},{"speaker":"Kyle Root","startTime":106.464,"endTime":110.184,"body":"And for any, anyone that's poured"},{"speaker":"Kyle Root","startTime":106.464,"endTime":110.184,"body":"concrete or anyone that's been around"},{"speaker":"Kyle Root","startTime":110.189,"endTime":112.904,"body":"it, or Obviously there's, you might"},{"speaker":"Kyle Root","startTime":110.189,"endTime":112.904,"body":"have a lot of like construction or"},{"speaker":"Kyle Root","startTime":112.904,"endTime":117.024,"body":"realtors or obviously investors that"},{"speaker":"Kyle Root","startTime":112.904,"endTime":117.024,"body":"listen to this show and they've seen,"},{"speaker":"Kyle Root","startTime":117.124,"endTime":118.654,"body":"the hard work that goes into concrete."},{"speaker":"Kyle Root","startTime":119.404,"endTime":123.834,"body":"So I did that for a summer and I realized"},{"speaker":"Kyle Root","startTime":119.404,"endTime":123.834,"body":"I needed to start getting better grades"},{"speaker":"Kyle Root","startTime":123.834,"endTime":125.364,"body":"cause I wasn't getting any internships."},{"speaker":"Kyle Root","startTime":125.364,"endTime":127.374,"body":"Everyone around me was"},{"speaker":"Kyle Root","startTime":125.364,"endTime":127.374,"body":"getting internships."},{"speaker":"Kyle Root","startTime":127.374,"endTime":130.224,"body":"They were getting construction management"},{"speaker":"Kyle Root","startTime":127.374,"endTime":130.224,"body":"internships, making good money."},{"speaker":"Kyle Root","startTime":130.314,"endTime":131.704,"body":"I was out here laboring and."},{"speaker":"Kyle Root","startTime":132.279,"endTime":134.529,"body":"Just, I was like, all right,"},{"speaker":"Kyle Root","startTime":132.279,"endTime":134.529,"body":"Kyle, we gotta quit playing."},{"speaker":"Kyle Root","startTime":134.559,"endTime":136.389,"body":"Like we're going to the NFL here buddy."},{"speaker":"Kyle Root","startTime":136.389,"endTime":138.249,"body":"We're playing D2 football, it's over, man."},{"speaker":"Kyle Root","startTime":138.299,"endTime":139.949,"body":"Ended up taking school serious."},{"speaker":"Kyle Root","startTime":139.999,"endTime":142.379,"body":"Got my grades together,"},{"speaker":"Kyle Root","startTime":139.999,"endTime":142.379,"body":"got, the next two years."},{"speaker":"Kyle Root","startTime":142.379,"endTime":143.789,"body":"Got good internships."},{"speaker":"Kyle Root","startTime":143.789,"endTime":144.869,"body":"Ended up graduating."},{"speaker":"Kyle Root","startTime":145.679,"endTime":146.429,"body":"Fast forwarding."},{"speaker":"Kyle Root","startTime":146.429,"endTime":146.609,"body":"Yeah."},{"speaker":"Kyle Root","startTime":146.609,"endTime":150.599,"body":"Worked in a construction management"},{"speaker":"Kyle Root","startTime":146.609,"endTime":150.599,"body":"role for a industrial construction"},{"speaker":"Kyle Root","startTime":150.599,"endTime":155.279,"body":"company working on power plants and"},{"speaker":"Kyle Root","startTime":150.599,"endTime":155.279,"body":"refineries, traveling all over the US."},{"speaker":"Kyle Root","startTime":155.379,"endTime":159.404,"body":"And like many people, you start"},{"speaker":"Kyle Root","startTime":155.379,"endTime":159.404,"body":"working for a few years and I just,"},{"speaker":"Kyle Root","startTime":159.409,"endTime":160.664,"body":"things just weren't clicking for me."},{"speaker":"Kyle Root","startTime":160.664,"endTime":164.624,"body":"I just couldn't wrap my head"},{"speaker":"Kyle Root","startTime":160.664,"endTime":164.624,"body":"around working till 55 and 60."},{"speaker":"Kyle Root","startTime":164.624,"endTime":168.194,"body":"And then hopefully things go well"},{"speaker":"Kyle Root","startTime":164.624,"endTime":168.194,"body":"enough that I have a good retirement"},{"speaker":"Kyle Root","startTime":168.194,"endTime":172.524,"body":"and really at this point, Real"},{"speaker":"Kyle Root","startTime":168.194,"endTime":172.524,"body":"estate was like there in my head."},{"speaker":"Kyle Root","startTime":172.524,"endTime":174.564,"body":"It was a little nugget"},{"speaker":"Kyle Root","startTime":172.524,"endTime":174.564,"body":"that I was thinking about."},{"speaker":"Kyle Root","startTime":175.419,"endTime":178.829,"body":"And yeah, that's just how"},{"speaker":"Kyle Root","startTime":175.419,"endTime":178.829,"body":"it got kicked off for me."},{"speaker":"Kyle Root","startTime":178.879,"endTime":182.769,"body":"I'm sure we'll go more into the real"},{"speaker":"Kyle Root","startTime":178.879,"endTime":182.769,"body":"estate side of things, but like many,"},{"speaker":"Kyle Root","startTime":182.779,"endTime":185.763,"body":"I couldn't wrap my head around how"},{"speaker":"Kyle Root","startTime":182.779,"endTime":185.763,"body":"I could be there for the next couple"},{"speaker":"Kyle Root","startTime":185.763,"endTime":188.853,"body":"years, especially 25 years plus."},{"speaker":"Kyle Root","startTime":188.858,"endTime":190.898,"body":"So started reading on real estate."},{"speaker":"Kyle Root","startTime":191.388,"endTime":192.078,"body":"Gaining knowledge."},{"speaker":"Kyle Root","startTime":192.078,"endTime":192.738,"body":"Gaining knowledge."},{"speaker":"Kyle Root","startTime":192.738,"endTime":195.908,"body":"Ended up jumping into the game"},{"speaker":"Kyle Root","startTime":192.738,"endTime":195.908,"body":"and yeah, just scaling from there."},{"speaker":"Average Joe Finances","startTime":197.393,"endTime":197.783,"body":"Awesome."},{"speaker":"Average Joe Finances","startTime":197.783,"endTime":201.233,"body":"So Kyle let's talk about you"},{"speaker":"Average Joe Finances","startTime":197.783,"endTime":201.233,"body":"jumping into the game, right?"},{"speaker":"Average Joe Finances","startTime":201.233,"endTime":205.443,"body":"So there, first, the first thing I"},{"speaker":"Average Joe Finances","startTime":201.233,"endTime":205.443,"body":"want to ask you actually is what was"},{"speaker":"Average Joe Finances","startTime":205.448,"endTime":208.533,"body":"the catalyst or the thing that kind"},{"speaker":"Average Joe Finances","startTime":205.448,"endTime":208.533,"body":"of flipped the switch for you to"},{"speaker":"Average Joe Finances","startTime":208.533,"endTime":212.973,"body":"say, Hey, I'm not sure I wanna be in"},{"speaker":"Average Joe Finances","startTime":208.533,"endTime":212.973,"body":"the construction business anymore."},{"speaker":"Average Joe Finances","startTime":213.303,"endTime":216.663,"body":"I wanna get into real estate"},{"speaker":"Average Joe Finances","startTime":213.303,"endTime":216.663,"body":"and eventually leave this."},{"speaker":"Average Joe Finances","startTime":216.843,"endTime":219.253,"body":"So what was that part or"},{"speaker":"Average Joe Finances","startTime":216.843,"endTime":219.253,"body":"what was that like for you?"},{"speaker":"Kyle Root","startTime":220.623,"endTime":224.353,"body":"Yeah, so the kind of, the first"},{"speaker":"Kyle Root","startTime":220.623,"endTime":224.353,"body":"and even investing trigger in my mind"},{"speaker":"Kyle Root","startTime":224.353,"endTime":226.753,"body":"was and again, I grew up in a small area."},{"speaker":"Kyle Root","startTime":226.753,"endTime":228.163,"body":"My parents did the best they could."},{"speaker":"Kyle Root","startTime":228.333,"endTime":232.713,"body":"But finances and investments even"},{"speaker":"Kyle Root","startTime":228.333,"endTime":232.713,"body":"outside of real estate wasn't a talk"},{"speaker":"Kyle Root","startTime":232.713,"endTime":236.908,"body":"like a company match and investing"},{"speaker":"Kyle Root","startTime":232.713,"endTime":236.908,"body":"the stock market, what's what,"},{"speaker":"Kyle Root","startTime":236.908,"endTime":238.888,"body":"first of all, what even is a 401k?"},{"speaker":"Kyle Root","startTime":239.008,"endTime":241.768,"body":"We know there's company matches,"},{"speaker":"Kyle Root","startTime":239.008,"endTime":241.768,"body":"but what's backing a 401k?"},{"speaker":"Kyle Root","startTime":241.768,"endTime":244.883,"body":"I didn't know any of this stuff and when"},{"speaker":"Kyle Root","startTime":241.768,"endTime":244.883,"body":"I graduated, my brother had Three or"},{"speaker":"Kyle Root","startTime":244.883,"endTime":248.803,"body":"four years of experience in the workforce"},{"speaker":"Kyle Root","startTime":244.883,"endTime":248.803,"body":"working for corporate Americas engineers."},{"speaker":"Kyle Root","startTime":248.813,"endTime":254.003,"body":"I had to call him and ask him like, Hey,"},{"speaker":"Kyle Root","startTime":248.813,"endTime":254.003,"body":"what am I supposed to do with, 401k?"},{"speaker":"Kyle Root","startTime":254.003,"endTime":255.593,"body":"Should I be putting mo money away here?"},{"speaker":"Kyle Root","startTime":255.593,"endTime":257.433,"body":"What about all these, insurances?"},{"speaker":"Kyle Root","startTime":257.433,"endTime":259.893,"body":"A lot of things I just wasn't"},{"speaker":"Kyle Root","startTime":257.433,"endTime":259.893,"body":"educated on, and this was at,"},{"speaker":"Kyle Root","startTime":259.943,"endTime":260.778,"body":"an age I should have been."},{"speaker":"Kyle Root","startTime":261.408,"endTime":265.368,"body":"And long story short, I started"},{"speaker":"Kyle Root","startTime":261.408,"endTime":265.368,"body":"reading investment books and"},{"speaker":"Kyle Root","startTime":265.698,"endTime":267.198,"body":"entrepreneurship business."},{"speaker":"Kyle Root","startTime":267.198,"endTime":270.688,"body":"Like even in college, I would try flipping"},{"speaker":"Kyle Root","startTime":267.198,"endTime":270.688,"body":"phones, like I'd buy a phone off Amazon"},{"speaker":"Kyle Root","startTime":270.688,"endTime":272.878,"body":"Crack screen, fix it, sell it for profit."},{"speaker":"Kyle Root","startTime":273.328,"endTime":277.053,"body":"Luckily that wasn't a lucrative"},{"speaker":"Kyle Root","startTime":273.328,"endTime":277.053,"body":"business, so I soon found real estate."},{"speaker":"Kyle Root","startTime":277.053,"endTime":281.763,"body":"But, All the books and research I was"},{"speaker":"Kyle Root","startTime":277.053,"endTime":281.763,"body":"doing kept leading back to real estate,"},{"speaker":"Kyle Root","startTime":281.793,"endTime":285.118,"body":"even business owners and people that"},{"speaker":"Kyle Root","startTime":281.793,"endTime":285.118,"body":"I was real realizing in different"},{"speaker":"Kyle Root","startTime":285.118,"endTime":289.678,"body":"areas of entrepreneurship and business"},{"speaker":"Kyle Root","startTime":285.118,"endTime":289.678,"body":"all came back somehow to real estate."},{"speaker":"Kyle Root","startTime":289.678,"endTime":294.908,"body":"So started reading books, making that"},{"speaker":"Kyle Root","startTime":289.678,"endTime":294.908,"body":"transition from be a really hard worker"},{"speaker":"Kyle Root","startTime":294.938,"endTime":297.858,"body":"to some nuggets starting to shift to Hey"},{"speaker":"Kyle Root","startTime":294.938,"endTime":297.858,"body":"Kyle, maybe you are a business owner."},{"speaker":"Kyle Root","startTime":297.858,"endTime":300.348,"body":"Maybe you can be an entrepreneur and."},{"speaker":"Kyle Root","startTime":300.633,"endTime":302.133,"body":"Yeah, I did that for about two years."},{"speaker":"Kyle Root","startTime":302.133,"endTime":306.953,"body":"So from 24 to about 25,"},{"speaker":"Kyle Root","startTime":302.133,"endTime":306.953,"body":"26 was the timeframe."},{"speaker":"Kyle Root","startTime":306.953,"endTime":310.233,"body":"I call it like information gathering,"},{"speaker":"Kyle Root","startTime":306.953,"endTime":310.233,"body":"period, where I was just reading"},{"speaker":"Kyle Root","startTime":310.238,"endTime":312.873,"body":"books, listening to podcasts,"},{"speaker":"Kyle Root","startTime":310.238,"endTime":312.873,"body":"going to some local meetups."},{"speaker":"Kyle Root","startTime":313.413,"endTime":316.173,"body":"And at that point I think I had"},{"speaker":"Kyle Root","startTime":313.413,"endTime":316.173,"body":"all the information I could."},{"speaker":"Kyle Root","startTime":316.173,"endTime":319.053,"body":"The only piece I was missing"},{"speaker":"Kyle Root","startTime":316.173,"endTime":319.053,"body":"was execution at that point."},{"speaker":"Kyle Root","startTime":319.083,"endTime":322.143,"body":"So I, went the normal."},{"speaker":"Kyle Root","startTime":322.173,"endTime":324.183,"body":"I went, my first"},{"speaker":"Kyle Root","startTime":322.173,"endTime":324.183,"body":"investment was a house act."},{"speaker":"Kyle Root","startTime":324.183,"endTime":326.943,"body":"So again, just all these little"},{"speaker":"Kyle Root","startTime":324.183,"endTime":326.943,"body":"nuggets being played in my head,"},{"speaker":"Kyle Root","startTime":326.943,"endTime":329.883,"body":"I'm like, you know what, if we can"},{"speaker":"Kyle Root","startTime":326.943,"endTime":329.883,"body":"just get one property every year."},{"speaker":"Kyle Root","startTime":329.933,"endTime":334.103,"body":"In 20 to 30 years, I could have one"},{"speaker":"Kyle Root","startTime":329.933,"endTime":334.103,"body":"paid off and then boom, every year."},{"speaker":"Kyle Root","startTime":334.103,"endTime":337.013,"body":"Compounding after that is just"},{"speaker":"Kyle Root","startTime":334.103,"endTime":337.013,"body":"being paid off in all cash flow."},{"speaker":"Kyle Root","startTime":337.013,"endTime":339.473,"body":"So I was looking at it"},{"speaker":"Kyle Root","startTime":337.013,"endTime":339.473,"body":"initially as a long-term play."},{"speaker":"Kyle Root","startTime":339.803,"endTime":341.873,"body":"I'm like, man, I might be"},{"speaker":"Kyle Root","startTime":339.803,"endTime":341.873,"body":"able to retire 10 years early."},{"speaker":"Kyle Root","startTime":342.653,"endTime":347.303,"body":"So I ended up sacking my first duplex"},{"speaker":"Kyle Root","startTime":342.653,"endTime":347.303,"body":"and side by side duplex, lived in"},{"speaker":"Kyle Root","startTime":347.303,"endTime":349.073,"body":"one side, rented out the other."},{"speaker":"Average Joe Finances","startTime":349.403,"endTime":349.803,"body":"When was this?"},{"speaker":"Kyle Root","startTime":349.943,"endTime":350.483,"body":"And that?"},{"speaker":"Kyle Root","startTime":350.963,"endTime":353.183,"body":"This was in 2020, end of 2019."},{"speaker":"Kyle Root","startTime":353.183,"endTime":353.933,"body":"Early 2020."},{"speaker":"Average Joe Finances","startTime":354.203,"endTime":354.983,"body":"Okay, perfect."},{"speaker":"Average Joe Finances","startTime":355.583,"endTime":357.023,"body":"That's when I bought my first duplex."},{"speaker":"Kyle Root","startTime":357.833,"endTime":358.283,"body":"Nice."},{"speaker":"Average Joe Finances","startTime":358.283,"endTime":359.243,"body":"End of 2019."},{"speaker":"Average Joe Finances","startTime":359.243,"endTime":360.233,"body":"Beginning of 2020."},{"speaker":"Kyle Root","startTime":360.893,"endTime":361.163,"body":"Yep."},{"speaker":"Average Joe Finances","startTime":361.223,"endTime":362.003,"body":"And then the world ended."},{"speaker":"Average Joe Finances","startTime":362.903,"endTime":363.083,"body":"So."},{"speaker":"Kyle Root","startTime":363.083,"endTime":363.263,"body":"Yeah."},{"speaker":"Average Joe Finances","startTime":363.923,"endTime":364.943,"body":"Please,"},{"speaker":"Average Joe Finances","startTime":363.923,"endTime":364.943,"body":"I don't wanna interrupt you."},{"speaker":"Average Joe Finances","startTime":364.943,"endTime":366.923,"body":"I just, I was just curious when"},{"speaker":"Average Joe Finances","startTime":364.943,"endTime":366.923,"body":"you started that first one."},{"speaker":"Kyle Root","startTime":366.973,"endTime":367.393,"body":"That was it."},{"speaker":"Kyle Root","startTime":367.393,"endTime":367.843,"body":"That was it."},{"speaker":"Kyle Root","startTime":367.903,"endTime":373.183,"body":"So yeah, house hacked my first one"},{"speaker":"Kyle Root","startTime":367.903,"endTime":373.183,"body":"and I was like, man, this is great."},{"speaker":"Kyle Root","startTime":373.183,"endTime":375.103,"body":"I'm basically living for free."},{"speaker":"Kyle Root","startTime":375.108,"endTime":378.778,"body":"I was, paying 200 bucks or something,"},{"speaker":"Kyle Root","startTime":375.108,"endTime":378.778,"body":"utilities and other things, garbage."},{"speaker":"Kyle Root","startTime":378.783,"endTime":381.778,"body":"But I was like paying 200,"},{"speaker":"Kyle Root","startTime":378.783,"endTime":381.778,"body":"150 bucks out of pocket."},{"speaker":"Kyle Root","startTime":381.778,"endTime":382.828,"body":"I'm like, this is incredible."},{"speaker":"Kyle Root","startTime":383.608,"endTime":386.998,"body":"And then I just did, I rented"},{"speaker":"Kyle Root","startTime":383.608,"endTime":386.998,"body":"out the other side, fixed it up."},{"speaker":"Kyle Root","startTime":387.248,"endTime":392.288,"body":"I moved out, fixed up mine, rented"},{"speaker":"Kyle Root","startTime":387.248,"endTime":392.288,"body":"it out, and then I heard about"},{"speaker":"Kyle Root","startTime":392.288,"endTime":393.818,"body":"this cash out refinance thing."},{"speaker":"Kyle Root","startTime":393.858,"endTime":396.448,"body":"And obviously, 20, crazy"},{"speaker":"Kyle Root","startTime":393.858,"endTime":396.448,"body":"things happened in 2020."},{"speaker":"Kyle Root","startTime":396.453,"endTime":399.693,"body":"I bought the property at one"},{"speaker":"Kyle Root","startTime":396.453,"endTime":399.693,"body":"90 and in a matter of six to"},{"speaker":"Kyle Root","startTime":399.693,"endTime":401.633,"body":"eight months, it was worth 255."},{"speaker":"Kyle Root","startTime":401.698,"endTime":405.328,"body":"Luckily I was able to figure out that,"},{"speaker":"Kyle Root","startTime":401.698,"endTime":405.328,"body":"hey, you can actually fix up a property,"},{"speaker":"Kyle Root","startTime":405.333,"endTime":408.958,"body":"do a cash out, refinance, get your"},{"speaker":"Kyle Root","startTime":405.333,"endTime":408.958,"body":"money back, still cashflow, and just"},{"speaker":"Kyle Root","startTime":408.958,"endTime":410.548,"body":"move that capital on another property."},{"speaker":"Kyle Root","startTime":410.938,"endTime":412.588,"body":"So I figured that out early on."},{"speaker":"Kyle Root","startTime":412.983,"endTime":415.743,"body":"And I invest solely in the Midwest."},{"speaker":"Kyle Root","startTime":415.833,"endTime":419.083,"body":"And for people that invest in the"},{"speaker":"Kyle Root","startTime":415.833,"endTime":419.083,"body":"Midwest, you can go buy and I buy"},{"speaker":"Kyle Root","startTime":419.083,"endTime":421.033,"body":"in Green Bay, Wisconsin, Milwaukee."},{"speaker":"Kyle Root","startTime":421.253,"endTime":425.273,"body":"You can go to Milwaukee or like a Detroit"},{"speaker":"Kyle Root","startTime":421.253,"endTime":425.273,"body":"or a Chicago and pick up a decent house"},{"speaker":"Kyle Root","startTime":425.273,"endTime":430.313,"body":"for, $60,000, $70,000 and it'll rent for"},{"speaker":"Kyle Root","startTime":425.273,"endTime":430.313,"body":"1100 to 1200 and like people would dream"},{"speaker":"Kyle Root","startTime":430.313,"endTime":431.753,"body":"of that kind of cashflow and it's cheap."},{"speaker":"Kyle Root","startTime":432.263,"endTime":436.133,"body":"So for me, I was able to keep saving"},{"speaker":"Kyle Root","startTime":432.263,"endTime":436.133,"body":"up 20% down and we were buying"},{"speaker":"Kyle Root","startTime":436.493,"endTime":440.363,"body":"$60,000 single family homes that"},{"speaker":"Kyle Root","startTime":436.493,"endTime":440.363,"body":"were renting for 950 to a 1000."},{"speaker":"Kyle Root","startTime":440.833,"endTime":444.013,"body":"So we were buying for cheap, fixing"},{"speaker":"Kyle Root","startTime":440.833,"endTime":444.013,"body":"'em up, doing a cash at refinance."},{"speaker":"Kyle Root","startTime":444.013,"endTime":445.843,"body":"We kept just building this capital."},{"speaker":"Kyle Root","startTime":446.383,"endTime":449.048,"body":"Yeah, and we just kept"},{"speaker":"Kyle Root","startTime":446.383,"endTime":449.048,"body":"bankroll and building capital."},{"speaker":"Kyle Root","startTime":449.048,"endTime":454.988,"body":"And then we started, I guess to once we,"},{"speaker":"Kyle Root","startTime":449.048,"endTime":454.988,"body":"you eventually run outta money, like not"},{"speaker":"Kyle Root","startTime":454.988,"endTime":456.578,"body":"every single property goes great, right?"},{"speaker":"Kyle Root","startTime":456.578,"endTime":458.168,"body":"There was a lot of learning"},{"speaker":"Kyle Root","startTime":456.578,"endTime":458.168,"body":"lessons along the way."},{"speaker":"Kyle Root","startTime":458.168,"endTime":460.778,"body":"So I did start losing some capital"},{"speaker":"Kyle Root","startTime":458.168,"endTime":460.778,"body":"along the way, and that's what"},{"speaker":"Kyle Root","startTime":460.778,"endTime":464.078,"body":"ultimately brought me to having to"},{"speaker":"Kyle Root","startTime":460.778,"endTime":464.078,"body":"figure something out, which led me to"},{"speaker":"Kyle Root","startTime":464.078,"endTime":467.108,"body":"start going the hard money route, which"},{"speaker":"Kyle Root","startTime":464.078,"endTime":467.108,"body":"is ultimately what helped me scale."},{"speaker":"Average Joe Finances","startTime":467.488,"endTime":467.698,"body":"Yeah."},{"speaker":"Average Joe Finances","startTime":467.698,"endTime":469.588,"body":"So you were doing the brrr method, right?"},{"speaker":"Average Joe Finances","startTime":469.858,"endTime":470.278,"body":"Correct."},{"speaker":"Average Joe Finances","startTime":470.333,"endTime":472.403,"body":"Did you even know that's what it"},{"speaker":"Average Joe Finances","startTime":470.333,"endTime":472.403,"body":"was called when you were doing it."},{"speaker":"Kyle Root","startTime":473.313,"endTime":477.053,"body":"I didn't, and to be honest,"},{"speaker":"Kyle Root","startTime":473.313,"endTime":477.053,"body":"right around that time it was happening."},{"speaker":"Kyle Root","startTime":477.683,"endTime":481.773,"body":"In motion with me starting to li listen"},{"speaker":"Kyle Root","startTime":477.683,"endTime":481.773,"body":"to BiggerPockets and that was a time like"},{"speaker":"Kyle Root","startTime":481.773,"endTime":485.043,"body":"Brandon Turner and all those, like Brandon"},{"speaker":"Kyle Root","startTime":481.773,"endTime":485.043,"body":"Turner and David Green were on together."},{"speaker":"Kyle Root","startTime":485.353,"endTime":489.723,"body":"To be honest, while I was listening to the"},{"speaker":"Kyle Root","startTime":485.353,"endTime":489.723,"body":"burb strategy and the method, I was I was"},{"speaker":"Kyle Root","startTime":489.723,"endTime":491.163,"body":"like, okay, I can do that with my place."},{"speaker":"Kyle Root","startTime":491.163,"endTime":492.933,"body":"So I was learning and"},{"speaker":"Kyle Root","startTime":491.163,"endTime":492.933,"body":"doing it at the same time."},{"speaker":"Average Joe Finances","startTime":493.203,"endTime":493.953,"body":"Nice, nice."},{"speaker":"Average Joe Finances","startTime":493.953,"endTime":494.133,"body":"Yeah."},{"speaker":"Average Joe Finances","startTime":494.133,"endTime":494.703,"body":"That's awesome."},{"speaker":"Average Joe Finances","startTime":494.923,"endTime":497.243,"body":"You know what I like about, what"},{"speaker":"Average Joe Finances","startTime":494.923,"endTime":497.243,"body":"you were sharing with your story"},{"speaker":"Average Joe Finances","startTime":497.243,"endTime":498.993,"body":"is that, you did a lot of research."},{"speaker":"Average Joe Finances","startTime":498.993,"endTime":500.933,"body":"You, you knew what you wanted to do."},{"speaker":"Average Joe Finances","startTime":500.983,"endTime":503.173,"body":"You even said it, and I love"},{"speaker":"Average Joe Finances","startTime":500.983,"endTime":503.173,"body":"the way that you put it."},{"speaker":"Average Joe Finances","startTime":503.173,"endTime":504.788,"body":"You were like, I had everything together."},{"speaker":"Average Joe Finances","startTime":504.788,"endTime":505.838,"body":"I was ready to go."},{"speaker":"Average Joe Finances","startTime":505.838,"endTime":507.998,"body":"The only thing left was execution."},{"speaker":"Average Joe Finances","startTime":508.368,"endTime":512.408,"body":"So I talk about this a lot with some"},{"speaker":"Average Joe Finances","startTime":508.368,"endTime":512.408,"body":"folks because there's a lot of things"},{"speaker":"Average Joe Finances","startTime":512.413,"endTime":517.868,"body":"you can get right and a lot of things"},{"speaker":"Average Joe Finances","startTime":512.413,"endTime":517.868,"body":"you can get wrong, but it doesn't matter."},{"speaker":"Average Joe Finances","startTime":517.898,"endTime":519.968,"body":"Like you can learn as"},{"speaker":"Average Joe Finances","startTime":517.898,"endTime":519.968,"body":"much as you wanna learn."},{"speaker":"Average Joe Finances","startTime":519.973,"endTime":523.388,"body":"You can know all the right people,"},{"speaker":"Average Joe Finances","startTime":519.973,"endTime":523.388,"body":"you could have all the right partners."},{"speaker":"Average Joe Finances","startTime":524.168,"endTime":528.278,"body":"But if you don't actually execute and take"},{"speaker":"Average Joe Finances","startTime":524.168,"endTime":528.278,"body":"action, you're never gonna go anywhere."},{"speaker":"Average Joe Finances","startTime":528.338,"endTime":531.338,"body":"You're just gonna be stuck in"},{"speaker":"Average Joe Finances","startTime":528.338,"endTime":531.338,"body":"analysis paralysis all day."},{"speaker":"Average Joe Finances","startTime":531.818,"endTime":536.408,"body":"So I really love the way, leading up"},{"speaker":"Average Joe Finances","startTime":531.818,"endTime":536.408,"body":"to it when you decided, Hey, I'm ready."},{"speaker":"Average Joe Finances","startTime":536.768,"endTime":540.878,"body":"You executed and took action and then it"},{"speaker":"Average Joe Finances","startTime":536.768,"endTime":540.878,"body":"seems like you took massive action, right?"},{"speaker":"Average Joe Finances","startTime":540.878,"endTime":545.828,"body":"Because, Looking at your bio here, you"},{"speaker":"Average Joe Finances","startTime":540.878,"endTime":545.828,"body":"went from zero and then you started house"},{"speaker":"Average Joe Finances","startTime":545.828,"endTime":547.928,"body":"hacking to and to where you're at now."},{"speaker":"Average Joe Finances","startTime":548.378,"endTime":549.578,"body":"You started in 2020."},{"speaker":"Average Joe Finances","startTime":549.583,"endTime":550.928,"body":"It is now 2023."},{"speaker":"Average Joe Finances","startTime":551.198,"endTime":552.518,"body":"How many units do you have?"},{"speaker":"Kyle Root","startTime":553.898,"endTime":555.548,"body":"We're at 74 right now."},{"speaker":"Average Joe Finances","startTime":555.968,"endTime":557.078,"body":"That's fantastic."},{"speaker":"Average Joe Finances","startTime":557.558,"endTime":558.638,"body":"That's fantastic, man."},{"speaker":"Average Joe Finances","startTime":558.908,"endTime":560.188,"body":"And you gotta update your bio, man."},{"speaker":"Average Joe Finances","startTime":560.193,"endTime":561.033,"body":"It says 70."},{"speaker":"Average Joe Finances","startTime":561.553,"endTime":562.093,"body":"I guess No, you did."},{"speaker":"Kyle Root","startTime":562.523,"endTime":563.053,"body":"It's changing, man."},{"speaker":"Kyle Root","startTime":563.083,"endTime":563.953,"body":"So yeah."},{"speaker":"Kyle Root","startTime":563.953,"endTime":564.943,"body":"It's ever changing."},{"speaker":"Kyle Root","startTime":564.943,"endTime":568.083,"body":"We were actually a little bit more,"},{"speaker":"Kyle Root","startTime":564.943,"endTime":568.083,"body":"but we had some good opportunity"},{"speaker":"Kyle Root","startTime":568.083,"endTime":571.323,"body":"and again, when you scale like that,"},{"speaker":"Kyle Root","startTime":568.083,"endTime":571.323,"body":"you're gonna pick up some bad eggs."},{"speaker":"Average Joe Finances","startTime":571.323,"endTime":571.383,"body":"Yeah."},{"speaker":"Kyle Root","startTime":571.443,"endTime":573.853,"body":"And, I was buying everything."},{"speaker":"Kyle Root","startTime":573.913,"endTime":576.043,"body":"If I could cashflow a hundred"},{"speaker":"Kyle Root","startTime":573.913,"endTime":576.043,"body":"bucks, I was buying it."},{"speaker":"Kyle Root","startTime":576.473,"endTime":577.913,"body":"And that was all with hard money."},{"speaker":"Kyle Root","startTime":577.913,"endTime":581.633,"body":"But yeah, right now we're actually looking"},{"speaker":"Kyle Root","startTime":577.913,"endTime":581.633,"body":"at doing some trading, like getting"},{"speaker":"Kyle Root","startTime":581.633,"endTime":583.373,"body":"rid of some bad to bring in some goods."},{"speaker":"Kyle Root","startTime":583.373,"endTime":585.403,"body":"So we're really, we might end the year."},{"speaker":"Kyle Root","startTime":585.738,"endTime":586.068,"body":"I don't know."},{"speaker":"Kyle Root","startTime":586.128,"endTime":589.518,"body":"We could end the year just at 80, only"},{"speaker":"Kyle Root","startTime":586.128,"endTime":589.518,"body":"add technically 10 units, but we're"},{"speaker":"Kyle Root","startTime":589.518,"endTime":593.598,"body":"getting rid of, we've got some bad"},{"speaker":"Kyle Root","startTime":589.518,"endTime":593.598,"body":"eggs and in the Midwest with basements"},{"speaker":"Kyle Root","startTime":593.628,"endTime":597.263,"body":"and obviously the snow and things like"},{"speaker":"Kyle Root","startTime":593.628,"endTime":597.263,"body":"that, there's lots of water damage."},{"speaker":"Kyle Root","startTime":597.323,"endTime":600.653,"body":"There's just some different things"},{"speaker":"Kyle Root","startTime":597.323,"endTime":600.653,"body":"that we go through here that honestly"},{"speaker":"Kyle Root","startTime":600.653,"endTime":603.953,"body":"weren't expected and you don't really"},{"speaker":"Kyle Root","startTime":600.653,"endTime":603.953,"body":"read 'em in a lot of these books."},{"speaker":"Kyle Root","startTime":603.963,"endTime":605.853,"body":"Yeah, just getting rid of"},{"speaker":"Kyle Root","startTime":603.963,"endTime":605.853,"body":"some bad eggs right now and"},{"speaker":"Kyle Root","startTime":605.853,"endTime":606.813,"body":"bringing in some better ones."},{"speaker":"Average Joe Finances","startTime":607.363,"endTime":607.573,"body":"Yeah."},{"speaker":"Average Joe Finances","startTime":607.573,"endTime":608.083,"body":"That's awesome."},{"speaker":"Average Joe Finances","startTime":608.083,"endTime":610.813,"body":"So now obviously they, there came"},{"speaker":"Average Joe Finances","startTime":608.083,"endTime":610.813,"body":"a time, like you said, where you"},{"speaker":"Average Joe Finances","startTime":610.813,"endTime":613.993,"body":"ran outta money and you started"},{"speaker":"Average Joe Finances","startTime":610.813,"endTime":613.993,"body":"going and using hard money."},{"speaker":"Average Joe Finances","startTime":614.353,"endTime":618.343,"body":"But what about when it comes to using"},{"speaker":"Average Joe Finances","startTime":614.353,"endTime":618.343,"body":"like traditional lenders and traditional"},{"speaker":"Average Joe Finances","startTime":618.343,"endTime":622.133,"body":"mortgages, the Fannie Mae, Freddie"},{"speaker":"Average Joe Finances","startTime":618.343,"endTime":622.133,"body":"Mac you're limited there too, right?"},{"speaker":"Average Joe Finances","startTime":622.138,"endTime":625.673,"body":"So did you do anything else creative"},{"speaker":"Average Joe Finances","startTime":622.138,"endTime":625.673,"body":"to finance some of these properties"},{"speaker":"Average Joe Finances","startTime":625.763,"endTime":628.033,"body":"like DSCR loans or anything like that?"},{"speaker":"Kyle Root","startTime":630.013,"endTime":630.463,"body":"Yes."},{"speaker":"Kyle Root","startTime":630.523,"endTime":636.313,"body":"So to be honest, once I stopped I"},{"speaker":"Kyle Root","startTime":630.523,"endTime":636.313,"body":"basically house hacked and put 20% down,"},{"speaker":"Kyle Root","startTime":636.313,"endTime":641.323,"body":"did the bur method, and I had money"},{"speaker":"Kyle Root","startTime":636.313,"endTime":641.323,"body":"coming in up until like maybe 15 units."},{"speaker":"Kyle Root","startTime":641.323,"endTime":645.163,"body":"And at that point I was doing it"},{"speaker":"Kyle Root","startTime":641.323,"endTime":645.163,"body":"so fast that I, that's at that"},{"speaker":"Kyle Root","startTime":645.163,"endTime":648.343,"body":"point I left my job because I knew"},{"speaker":"Kyle Root","startTime":645.163,"endTime":648.343,"body":"when I was single at the time."},{"speaker":"Kyle Root","startTime":648.343,"endTime":650.383,"body":"So it was like, Hey,"},{"speaker":"Kyle Root","startTime":648.343,"endTime":650.383,"body":"we're going for it or not."},{"speaker":"Kyle Root","startTime":650.383,"endTime":651.973,"body":"So I was able to leave at that point."},{"speaker":"Kyle Root","startTime":652.453,"endTime":656.953,"body":"But me, again, being young and not"},{"speaker":"Kyle Root","startTime":652.453,"endTime":656.953,"body":"doing the research, And again, this,"},{"speaker":"Kyle Root","startTime":657.283,"endTime":662.323,"body":"I'm almost embarrassed to say it, but"},{"speaker":"Kyle Root","startTime":657.283,"endTime":662.323,"body":"I didn't even think about the possible"},{"speaker":"Kyle Root","startTime":662.323,"endTime":664.543,"body":"repercussions of not having W-2 income."},{"speaker":"Kyle Root","startTime":664.963,"endTime":665.953,"body":"I didn't even think about it."},{"speaker":"Average Joe Finances","startTime":666.083,"endTime":668.838,"body":"You left your"},{"speaker":"Average Joe Finances","startTime":666.083,"endTime":668.838,"body":"W-2 at when you were at 15 units?"},{"speaker":"Kyle Root","startTime":669.228,"endTime":670.278,"body":"15 units, yeah."},{"speaker":"Average Joe Finances","startTime":670.278,"endTime":670.338,"body":"Wow."},{"speaker":"Kyle Root","startTime":670.488,"endTime":675.108,"body":"And along, along this time we"},{"speaker":"Kyle Root","startTime":670.488,"endTime":675.108,"body":"did maybe two, and I say we, my wife now."},{"speaker":"Kyle Root","startTime":675.138,"endTime":677.668,"body":"But we did maybe one flip."},{"speaker":"Kyle Root","startTime":678.028,"endTime":682.888,"body":"So I just saw it and she, we were"},{"speaker":"Kyle Root","startTime":678.028,"endTime":682.888,"body":"dating at the time and at this, and"},{"speaker":"Kyle Root","startTime":682.888,"endTime":684.178,"body":"again, at this point, which was huge."},{"speaker":"Kyle Root","startTime":684.178,"endTime":687.758,"body":"I wouldn't, if I was married and had"},{"speaker":"Kyle Root","startTime":684.178,"endTime":687.758,"body":"two kids, I would've never done this."},{"speaker":"Kyle Root","startTime":687.758,"endTime":689.468,"body":"Nowhere would ever advise anyone to do it."},{"speaker":"Kyle Root","startTime":689.888,"endTime":692.908,"body":"But I found a method and I thought,"},{"speaker":"Kyle Root","startTime":689.888,"endTime":692.908,"body":"man, I can just keep doing this."},{"speaker":"Kyle Root","startTime":692.913,"endTime":695.278,"body":"So I never really did anything."},{"speaker":"Kyle Root","startTime":695.788,"endTime":697.708,"body":"Creative, overly creative."},{"speaker":"Kyle Root","startTime":697.708,"endTime":699.383,"body":"I strictly used hard money."},{"speaker":"Kyle Root","startTime":699.863,"endTime":703.943,"body":"Sometimes I do have two people that I"},{"speaker":"Kyle Root","startTime":699.863,"endTime":703.943,"body":"would bring in, and this is what I did,"},{"speaker":"Kyle Root","startTime":703.943,"endTime":705.593,"body":"is basically I screwed myself with loans."},{"speaker":"Kyle Root","startTime":705.593,"endTime":707.543,"body":"I left my W-2 income,"},{"speaker":"Kyle Root","startTime":705.593,"endTime":707.543,"body":"couldn't show any income."},{"speaker":"Kyle Root","startTime":707.783,"endTime":710.273,"body":"15 rentals In the Midwest, you"},{"speaker":"Kyle Root","startTime":707.783,"endTime":710.273,"body":"don't cash flow enough, you"},{"speaker":"Kyle Root","startTime":710.273,"endTime":711.293,"body":"don't have any tax returns."},{"speaker":"Kyle Root","startTime":711.893,"endTime":714.968,"body":"On those rentals there, there's no"},{"speaker":"Kyle Root","startTime":711.893,"endTime":714.968,"body":"seasoning really on 'em, so what I ended"},{"speaker":"Kyle Root","startTime":714.968,"endTime":717.728,"body":"up doing is I'd go to a hard money lender."},{"speaker":"Kyle Root","startTime":717.788,"endTime":721.503,"body":"They would use me in my LC, and when"},{"speaker":"Kyle Root","startTime":717.788,"endTime":721.503,"body":"I'd go fix 'em up and I'd do a cash or"},{"speaker":"Kyle Root","startTime":721.503,"endTime":727.013,"body":"refinance, sometimes I had to bring in"},{"speaker":"Kyle Root","startTime":721.503,"endTime":727.013,"body":"strictly People to just, we would create"},{"speaker":"Kyle Root","startTime":727.013,"endTime":731.553,"body":"an LC and I would just bring them into,"},{"speaker":"Kyle Root","startTime":727.013,"endTime":731.553,"body":"so they could show a W-2 and potentially"},{"speaker":"Kyle Root","startTime":731.553,"endTime":733.473,"body":"more liquidity, better credit score."},{"speaker":"Kyle Root","startTime":733.528,"endTime":734.248,"body":"Whatever it might be."},{"speaker":"Kyle Root","startTime":734.248,"endTime":736.718,"body":"So that is maybe a creative"},{"speaker":"Kyle Root","startTime":734.248,"endTime":736.718,"body":"piece that I did utilize."},{"speaker":"Average Joe Finances","startTime":736.738,"endTime":738.708,"body":"You'd bring them"},{"speaker":"Average Joe Finances","startTime":736.738,"endTime":738.708,"body":"in to be like the key principle, right?"},{"speaker":"Average Joe Finances","startTime":738.708,"endTime":738.948,"body":"Like"},{"speaker":"Kyle Root","startTime":738.953,"endTime":739.398,"body":"Exactly."},{"speaker":"Average Joe Finances","startTime":739.398,"endTime":739.458,"body":"Yeah."},{"speaker":"Average Joe Finances","startTime":739.458,"endTime":742.598,"body":"Hey look at what you know, here's their"},{"speaker":"Average Joe Finances","startTime":739.458,"endTime":742.598,"body":"income statement and what they're doing."},{"speaker":"Average Joe Finances","startTime":742.598,"endTime":742.688,"body":"Yep."},{"speaker":"Average Joe Finances","startTime":742.688,"endTime":744.278,"body":"And they're tied to this, as well."},{"speaker":"Kyle Root","startTime":745.118,"endTime":745.388,"body":"Yep."},{"speaker":"Kyle Root","startTime":745.568,"endTime":745.958,"body":"Correct."},{"speaker":"Average Joe Finances","startTime":746.138,"endTime":748.148,"body":"Now did they,"},{"speaker":"Average Joe Finances","startTime":746.138,"endTime":748.148,"body":"for the people that you brought in like"},{"speaker":"Average Joe Finances","startTime":748.148,"endTime":750.538,"body":"that, did they get any type of return."},{"speaker":"Average Joe Finances","startTime":750.998,"endTime":752.588,"body":"On being part of this investment?"},{"speaker":"Average Joe Finances","startTime":752.588,"endTime":754.328,"body":"Or was this just Hey,"},{"speaker":"Average Joe Finances","startTime":752.588,"endTime":754.328,"body":"they were hooking you up?"},{"speaker":"Kyle Root","startTime":755.768,"endTime":756.188,"body":"No."},{"speaker":"Kyle Root","startTime":756.278,"endTime":758.108,"body":"Yeah, unfortunately that would be great."},{"speaker":"Kyle Root","startTime":758.108,"endTime":761.473,"body":"If they didn't get anything out of it I"},{"speaker":"Kyle Root","startTime":758.108,"endTime":761.473,"body":"gave 'em a very small portion of equity."},{"speaker":"Average Joe Finances","startTime":761.478,"endTime":761.503,"body":"Sure."},{"speaker":"Kyle Root","startTime":761.508,"endTime":764.593,"body":"And again, for them, we did"},{"speaker":"Kyle Root","startTime":761.508,"endTime":764.593,"body":"it all through an LC and they were,"},{"speaker":"Kyle Root","startTime":764.863,"endTime":768.973,"body":"we didn't do the traditional lending,"},{"speaker":"Kyle Root","startTime":764.863,"endTime":768.973,"body":"so really didn't overly affect them as"},{"speaker":"Kyle Root","startTime":768.973,"endTime":771.233,"body":"a personal, taking out personal debt."},{"speaker":"Kyle Root","startTime":771.613,"endTime":774.493,"body":"So yeah, you just gave 'em a small"},{"speaker":"Kyle Root","startTime":771.613,"endTime":774.493,"body":"portion of equity and they were happy."},{"speaker":"Average Joe Finances","startTime":775.083,"endTime":775.503,"body":"Okay."},{"speaker":"Average Joe Finances","startTime":775.603,"endTime":776.083,"body":"On man."},{"speaker":"Average Joe Finances","startTime":776.233,"endTime":776.593,"body":"Good deal."},{"speaker":"Average Joe Finances","startTime":777.698,"endTime":779.143,"body":"That's that's a lot to take in."},{"speaker":"Average Joe Finances","startTime":779.143,"endTime":781.183,"body":"That, that is definitely"},{"speaker":"Average Joe Finances","startTime":779.143,"endTime":781.183,"body":"very creative way."},{"speaker":"Average Joe Finances","startTime":781.243,"endTime":785.053,"body":"It's actually, I think the first time"},{"speaker":"Average Joe Finances","startTime":781.243,"endTime":785.053,"body":"I heard of somebody doing it this way."},{"speaker":"Average Joe Finances","startTime":785.053,"endTime":789.048,"body":"So when we talk about creative financing,"},{"speaker":"Average Joe Finances","startTime":785.053,"endTime":789.048,"body":"that's definitely creative financing."},{"speaker":"Average Joe Finances","startTime":789.048,"endTime":789.708,"body":"Kyle, that's."},{"speaker":"Kyle Root","startTime":789.713,"endTime":789.953,"body":"Sure."},{"speaker":"Average Joe Finances","startTime":790.143,"endTime":792.133,"body":"Think this"},{"speaker":"Average Joe Finances","startTime":790.143,"endTime":792.133,"body":"is a first for me, bringing people"},{"speaker":"Average Joe Finances","startTime":792.133,"endTime":794.623,"body":"into the LLC for their W two s."},{"speaker":"Average Joe Finances","startTime":794.893,"endTime":798.163,"body":"Now, I've seen people brought in because"},{"speaker":"Average Joe Finances","startTime":794.893,"endTime":798.163,"body":"their net worth and like normally you'll"},{"speaker":"Average Joe Finances","startTime":798.163,"endTime":801.583,"body":"see this on like multifamily deals,"},{"speaker":"Average Joe Finances","startTime":798.163,"endTime":801.583,"body":"like some of those larger scale deals."},{"speaker":"Average Joe Finances","startTime":802.013,"endTime":804.233,"body":"But man, that's, that"},{"speaker":"Average Joe Finances","startTime":802.013,"endTime":804.233,"body":"is pretty interesting."},{"speaker":"Average Joe Finances","startTime":804.383,"endTime":805.043,"body":"I like that."},{"speaker":"Average Joe Finances","startTime":805.643,"endTime":808.183,"body":"I think my listeners are gonna get"},{"speaker":"Average Joe Finances","startTime":805.643,"endTime":808.183,"body":"a takeaway away a lot from that too."},{"speaker":"Average Joe Finances","startTime":808.183,"endTime":811.853,"body":"Speaking of, I wanna go back to"},{"speaker":"Average Joe Finances","startTime":808.183,"endTime":811.853,"body":"this action taking piece, right?"},{"speaker":"Average Joe Finances","startTime":811.853,"endTime":816.308,"body":"Because a lot of times I feel like"},{"speaker":"Average Joe Finances","startTime":811.853,"endTime":816.308,"body":"a lot of people do get stuck in"},{"speaker":"Average Joe Finances","startTime":816.308,"endTime":818.378,"body":"that, that analysis paralysis."},{"speaker":"Average Joe Finances","startTime":818.378,"endTime":821.268,"body":"And, they'll sit here and they'll"},{"speaker":"Average Joe Finances","startTime":818.378,"endTime":821.268,"body":"watch all the YouTube videos,"},{"speaker":"Average Joe Finances","startTime":821.268,"endTime":823.128,"body":"they'll listen to all the podcasts."},{"speaker":"Average Joe Finances","startTime":823.548,"endTime":826.698,"body":"They'll hire a coach, they'll"},{"speaker":"Average Joe Finances","startTime":823.548,"endTime":826.698,"body":"pay for a mentorship program,"},{"speaker":"Average Joe Finances","startTime":827.148,"endTime":828.378,"body":"but then they don't take action."},{"speaker":"Average Joe Finances","startTime":828.378,"endTime":833.708,"body":"So why do you think, like a lot of"},{"speaker":"Average Joe Finances","startTime":828.378,"endTime":833.708,"body":"people struggle to to take this a"},{"speaker":"Average Joe Finances","startTime":833.708,"endTime":836.328,"body":"word action and make some moves?"},{"speaker":"Kyle Root","startTime":837.468,"endTime":840.498,"body":"Yeah, so I think, and"},{"speaker":"Kyle Root","startTime":837.468,"endTime":840.498,"body":"again, it's gonna sound very."},{"speaker":"Kyle Root","startTime":841.443,"endTime":844.383,"body":"I mean they, everyone's probably heard"},{"speaker":"Kyle Root","startTime":841.443,"endTime":844.383,"body":"it a thousand times, but it's fear and"},{"speaker":"Kyle Root","startTime":844.383,"endTime":848.613,"body":"it usually, it's not what I've seen and"},{"speaker":"Kyle Root","startTime":844.383,"endTime":848.613,"body":"like I do some, like one-on-one coaching"},{"speaker":"Kyle Root","startTime":848.618,"endTime":852.363,"body":"and help people and everything that I've"},{"speaker":"Kyle Root","startTime":848.618,"endTime":852.363,"body":"seen helping them or just like even local"},{"speaker":"Kyle Root","startTime":852.368,"endTime":856.333,"body":"business meetups and talking to people"},{"speaker":"Kyle Root","startTime":852.368,"endTime":856.333,"body":"that wanna get started or even, real"},{"speaker":"Kyle Root","startTime":856.333,"endTime":862.673,"body":"estate investors I meet wherever at out at"},{"speaker":"Kyle Root","startTime":856.333,"endTime":862.673,"body":"coffee, it seems to be, they fear failing"},{"speaker":"Kyle Root","startTime":862.673,"endTime":864.743,"body":"somebody else, not even necessarily them."},{"speaker":"Kyle Root","startTime":865.073,"endTime":868.733,"body":"It's just the fear of potentially other"},{"speaker":"Kyle Root","startTime":865.073,"endTime":868.733,"body":"people thinking down on themselves."},{"speaker":"Kyle Root","startTime":868.953,"endTime":872.988,"body":"What if I have a very good paying"},{"speaker":"Kyle Root","startTime":868.953,"endTime":872.988,"body":"job, insurance, 401k, everything"},{"speaker":"Kyle Root","startTime":872.993,"endTime":876.768,"body":"that I could possibly have if I start"},{"speaker":"Kyle Root","startTime":872.993,"endTime":876.768,"body":"talking to people about real estate,"},{"speaker":"Kyle Root","startTime":876.773,"endTime":877.848,"body":"and they're like, wow, you don't know."},{"speaker":"Kyle Root","startTime":877.908,"endTime":879.648,"body":"And right now it's such a crazy time."},{"speaker":"Kyle Root","startTime":879.653,"endTime":881.988,"body":"There's people that don't own"},{"speaker":"Kyle Root","startTime":879.653,"endTime":881.988,"body":"real estate that are talking"},{"speaker":"Kyle Root","startTime":881.988,"endTime":883.458,"body":"about, oh, wait for the crash."},{"speaker":"Kyle Root","startTime":883.458,"endTime":884.778,"body":"Wait for the crash interest rates."},{"speaker":"Kyle Root","startTime":885.103,"endTime":885.493,"body":"Come on."},{"speaker":"Kyle Root","startTime":885.493,"endTime":888.583,"body":"None of us really know, like deep"},{"speaker":"Kyle Root","startTime":885.493,"endTime":888.583,"body":"down, none of us really know exactly"},{"speaker":"Kyle Root","startTime":888.583,"endTime":890.023,"body":"what's gonna happen on the exact date."},{"speaker":"Kyle Root","startTime":890.073,"endTime":894.063,"body":"What I've found is that people"},{"speaker":"Kyle Root","startTime":890.073,"endTime":894.063,"body":"fear the rejection of other people"},{"speaker":"Kyle Root","startTime":894.093,"endTime":897.213,"body":"rather than rather than just"},{"speaker":"Kyle Root","startTime":894.093,"endTime":897.213,"body":"solely doing it for themselves."},{"speaker":"Kyle Root","startTime":897.213,"endTime":901.603,"body":"And usually if you get a mentor"},{"speaker":"Kyle Root","startTime":897.213,"endTime":901.603,"body":"or coach or do enough information,"},{"speaker":"Kyle Root","startTime":902.053,"endTime":907.513,"body":"your first investment, there are"},{"speaker":"Kyle Root","startTime":902.053,"endTime":907.513,"body":"thousands of ways to mitigate the risk."},{"speaker":"Kyle Root","startTime":907.603,"endTime":913.303,"body":"So there, there's, the only thing that"},{"speaker":"Kyle Root","startTime":907.603,"endTime":913.303,"body":"to be feared about is just not, literally"},{"speaker":"Kyle Root","startTime":913.303,"endTime":914.983,"body":"not doing it, not taking that action."},{"speaker":"Kyle Root","startTime":916.333,"endTime":916.603,"body":"Sure."},{"speaker":"Average Joe Finances","startTime":916.633,"endTime":917.083,"body":"Okay."},{"speaker":"Average Joe Finances","startTime":917.143,"endTime":917.973,"body":"No I like that."},{"speaker":"Average Joe Finances","startTime":917.973,"endTime":921.478,"body":"Now, Kyle, I want to ask you, because"},{"speaker":"Average Joe Finances","startTime":917.973,"endTime":921.478,"body":"you were saying we a lot, and you"},{"speaker":"Average Joe Finances","startTime":921.478,"endTime":924.638,"body":"had mentioned that it's you and your"},{"speaker":"Average Joe Finances","startTime":921.478,"endTime":924.638,"body":"wife, but do you have anyone else"},{"speaker":"Average Joe Finances","startTime":924.638,"endTime":927.578,"body":"on your team, like I know you, you"},{"speaker":"Average Joe Finances","startTime":924.638,"endTime":927.578,"body":"haven't done joint ventures, right?"},{"speaker":"Average Joe Finances","startTime":927.608,"endTime":928.838,"body":"You haven't done syndication?"},{"speaker":"Kyle Root","startTime":928.843,"endTime":928.898,"body":"Yeah."},{"speaker":"Average Joe Finances","startTime":929.508,"endTime":931.763,"body":"But what does"},{"speaker":"Average Joe Finances","startTime":929.508,"endTime":931.763,"body":"like your team structure look like?"},{"speaker":"Kyle Root","startTime":933.023,"endTime":936.133,"body":"Yeah, so we"},{"speaker":"Kyle Root","startTime":933.023,"endTime":936.133,"body":"have four, four employees."},{"speaker":"Kyle Root","startTime":936.273,"endTime":939.423,"body":"It's actually not my"},{"speaker":"Kyle Root","startTime":936.273,"endTime":939.423,"body":"wife is not an employee."},{"speaker":"Kyle Root","startTime":939.428,"endTime":940.743,"body":"She, it's me."},{"speaker":"Kyle Root","startTime":940.743,"endTime":944.283,"body":"We have two acquisition specialists"},{"speaker":"Kyle Root","startTime":940.743,"endTime":944.283,"body":"in two different locations, and"},{"speaker":"Kyle Root","startTime":944.283,"endTime":948.513,"body":"then we have a project manager that"},{"speaker":"Kyle Root","startTime":944.283,"endTime":948.513,"body":"oversees all construction projects."},{"speaker":"Kyle Root","startTime":948.693,"endTime":949.953,"body":"We also do like flips too."},{"speaker":"Kyle Root","startTime":949.953,"endTime":952.253,"body":"So it's not just our rentals"},{"speaker":"Kyle Root","startTime":949.953,"endTime":952.253,"body":"that are, we're buying."},{"speaker":"Kyle Root","startTime":952.253,"endTime":954.323,"body":"We do, we just started"},{"speaker":"Kyle Root","startTime":952.253,"endTime":954.323,"body":"buying some more flips."},{"speaker":"Kyle Root","startTime":954.703,"endTime":955.063,"body":"But yeah."},{"speaker":"Kyle Root","startTime":955.538,"endTime":959.658,"body":"He oversees not only our construction"},{"speaker":"Kyle Root","startTime":955.538,"endTime":959.658,"body":"locally, but project managers that"},{"speaker":"Kyle Root","startTime":959.663,"endTime":961.188,"body":"do a lot of our renovations as well."},{"speaker":"Average Joe Finances","startTime":961.698,"endTime":961.938,"body":"Okay."},{"speaker":"Average Joe Finances","startTime":961.938,"endTime":962.058,"body":"On."},{"speaker":"Average Joe Finances","startTime":962.058,"endTime":964.038,"body":"So you have two acquisition"},{"speaker":"Average Joe Finances","startTime":962.058,"endTime":964.038,"body":"managers, right?"},{"speaker":"Average Joe Finances","startTime":964.038,"endTime":966.068,"body":"So what do they do for acquisition?"},{"speaker":"Average Joe Finances","startTime":966.068,"endTime":968.868,"body":"Are they doing like cold calls mailers?"},{"speaker":"Average Joe Finances","startTime":968.868,"endTime":971.063,"body":"Like what is like the strategy"},{"speaker":"Average Joe Finances","startTime":968.868,"endTime":971.063,"body":"that's been working for you?"},{"speaker":"Kyle Root","startTime":971.113,"endTime":971.473,"body":"Yeah."},{"speaker":"Kyle Root","startTime":971.473,"endTime":973.213,"body":"Again, oddly enough, it's very simple."},{"speaker":"Kyle Root","startTime":973.213,"endTime":976.993,"body":"We've bought 90% of our, I bought,"},{"speaker":"Kyle Root","startTime":973.213,"endTime":976.993,"body":"yeah, literally probably 90 to"},{"speaker":"Kyle Root","startTime":976.993,"endTime":979.213,"body":"95% of my properties off the mls."},{"speaker":"Kyle Root","startTime":979.723,"endTime":985.543,"body":"And it's all places where we can add a"},{"speaker":"Kyle Root","startTime":979.723,"endTime":985.543,"body":"bedroom, add a bathroom where, yeah, I"},{"speaker":"Kyle Root","startTime":985.543,"endTime":989.953,"body":"look at here where I buy, we look for"},{"speaker":"Kyle Root","startTime":985.543,"endTime":989.953,"body":"two bed, one bath, 1100 square feet."},{"speaker":"Kyle Root","startTime":990.013,"endTime":992.083,"body":"I know there's an extra"},{"speaker":"Kyle Root","startTime":990.013,"endTime":992.083,"body":"bedroom or bathroom in there."},{"speaker":"Kyle Root","startTime":992.513,"endTime":995.708,"body":"Luckily I've got a lot of good"},{"speaker":"Kyle Root","startTime":992.513,"endTime":995.708,"body":"construction experience, so I do"},{"speaker":"Kyle Root","startTime":995.708,"endTime":1000.443,"body":"look at certain things, but we're"},{"speaker":"Kyle Root","startTime":995.708,"endTime":1000.443,"body":"on a pretty large scale as far"},{"speaker":"Kyle Root","startTime":1000.443,"endTime":1002.383,"body":"as square miles that we cover."},{"speaker":"Kyle Root","startTime":1002.383,"endTime":1006.463,"body":"We don't just look at Hey, we wanna be"},{"speaker":"Kyle Root","startTime":1002.383,"endTime":1006.463,"body":"in this neighborhood on this street."},{"speaker":"Kyle Root","startTime":1006.593,"endTime":1008.088,"body":"We're pretty spread out to be honest."},{"speaker":"Kyle Root","startTime":1008.093,"endTime":1012.128,"body":"And we'll, I'm buying in areas"},{"speaker":"Kyle Root","startTime":1008.093,"endTime":1012.128,"body":"that you know, of 10,000 people."},{"speaker":"Kyle Root","startTime":1012.133,"endTime":1015.758,"body":"They're a little bit smaller markets that"},{"speaker":"Kyle Root","startTime":1012.133,"endTime":1015.758,"body":"most people that other people aren't."},{"speaker":"Kyle Root","startTime":1015.758,"endTime":1018.488,"body":"So we've bought, yeah,"},{"speaker":"Kyle Root","startTime":1015.758,"endTime":1018.488,"body":"everything's off the MLS"},{"speaker":"Average Joe Finances","startTime":1019.673,"endTime":1021.353,"body":"nice,"},{"speaker":"Average Joe Finances","startTime":1019.673,"endTime":1021.353,"body":"that's something you don't hear"},{"speaker":"Average Joe Finances","startTime":1021.353,"endTime":1022.883,"body":"too often either with especially."},{"speaker":"Kyle Root","startTime":1022.883,"endTime":1023.213,"body":"Yeah, you don't."},{"speaker":"Average Joe Finances","startTime":1023.213,"endTime":1025.563,"body":"With"},{"speaker":"Average Joe Finances","startTime":1023.213,"endTime":1025.563,"body":"somebody that's flipping or doing"},{"speaker":"Average Joe Finances","startTime":1025.563,"endTime":1026.613,"body":"like the brrr strategy, man."},{"speaker":"Average Joe Finances","startTime":1026.618,"endTime":1027.603,"body":"So that's fantastic."},{"speaker":"Average Joe Finances","startTime":1027.608,"endTime":1032.703,"body":"Now what about, so if you're doing"},{"speaker":"Average Joe Finances","startTime":1027.608,"endTime":1032.703,"body":"most of the stuff off the MLS, right?"},{"speaker":"Average Joe Finances","startTime":1032.703,"endTime":1036.483,"body":"And you're looking for properties"},{"speaker":"Average Joe Finances","startTime":1032.703,"endTime":1036.483,"body":"that you can do some value add, right?"},{"speaker":"Average Joe Finances","startTime":1036.483,"endTime":1039.393,"body":"You're gonna add a bathroom"},{"speaker":"Average Joe Finances","startTime":1036.483,"endTime":1039.393,"body":"or a bedroom, right?"},{"speaker":"Average Joe Finances","startTime":1039.903,"endTime":1043.963,"body":"And by doing that, of course, increase"},{"speaker":"Average Joe Finances","startTime":1039.903,"endTime":1043.963,"body":"the value of what it could be rented for."},{"speaker":"Average Joe Finances","startTime":1044.453,"endTime":1045.413,"body":"Now do you."},{"speaker":"Average Joe Finances","startTime":1046.103,"endTime":1048.893,"body":"Do you run into any issues"},{"speaker":"Average Joe Finances","startTime":1046.103,"endTime":1048.893,"body":"when it comes to permitting"},{"speaker":"Average Joe Finances","startTime":1048.893,"endTime":1049.943,"body":"and different things like that?"},{"speaker":"Average Joe Finances","startTime":1049.943,"endTime":1054.923,"body":"Especially when it comes to construction,"},{"speaker":"Average Joe Finances","startTime":1049.943,"endTime":1054.923,"body":"like having to any additional, do"},{"speaker":"Average Joe Finances","startTime":1054.923,"endTime":1055.703,"body":"you actually, that's another thing."},{"speaker":"Average Joe Finances","startTime":1055.703,"endTime":1058.853,"body":"Do you do like additions on some of"},{"speaker":"Average Joe Finances","startTime":1055.703,"endTime":1058.853,"body":"the homes or are you taking what's"},{"speaker":"Average Joe Finances","startTime":1058.853,"endTime":1063.053,"body":"already there with the bones in place"},{"speaker":"Average Joe Finances","startTime":1058.853,"endTime":1063.053,"body":"and like adding another room inside?"},{"speaker":"Kyle Root","startTime":1064.148,"endTime":1065.528,"body":"Yeah, adding"},{"speaker":"Kyle Root","startTime":1064.148,"endTime":1065.528,"body":"another room inside."},{"speaker":"Kyle Root","startTime":1065.528,"endTime":1069.968,"body":"So we don't, anything basically anything"},{"speaker":"Kyle Root","startTime":1065.528,"endTime":1069.968,"body":"structural for the most part, unless"},{"speaker":"Kyle Root","startTime":1069.968,"endTime":1072.248,"body":"it's already pre-image we stay away from."},{"speaker":"Kyle Root","startTime":1072.248,"endTime":1075.128,"body":"So yeah, it's adding what's"},{"speaker":"Kyle Root","startTime":1072.248,"endTime":1075.128,"body":"already inside of the four walls."},{"speaker":"Average Joe Finances","startTime":1075.908,"endTime":1076.568,"body":"Okay, perfect."},{"speaker":"Average Joe Finances","startTime":1076.808,"endTime":1080.348,"body":"Now, so with that, the Permitting's"},{"speaker":"Average Joe Finances","startTime":1076.808,"endTime":1080.348,"body":"probably not as crazy as like having"},{"speaker":"Average Joe Finances","startTime":1080.348,"endTime":1081.978,"body":"to do an, an addition on the house."},{"speaker":"Average Joe Finances","startTime":1082.258,"endTime":1084.868,"body":"But have you ever run into any"},{"speaker":"Average Joe Finances","startTime":1082.258,"endTime":1084.868,"body":"issues with that, with getting"},{"speaker":"Average Joe Finances","startTime":1084.868,"endTime":1088.528,"body":"stuff back in time to start a"},{"speaker":"Average Joe Finances","startTime":1084.868,"endTime":1088.528,"body":"project or it's delayed you at all?"},{"speaker":"Kyle Root","startTime":1089.998,"endTime":1091.468,"body":"Yeah, we run"},{"speaker":"Kyle Root","startTime":1089.998,"endTime":1091.468,"body":"into it all the time."},{"speaker":"Kyle Root","startTime":1091.468,"endTime":1096.548,"body":"We run into issues with the city, whether"},{"speaker":"Kyle Root","startTime":1091.468,"endTime":1096.548,"body":"it's from the prev, even the previous"},{"speaker":"Kyle Root","startTime":1096.548,"endTime":1101.118,"body":"owner, if you don't do your research,"},{"speaker":"Kyle Root","startTime":1096.548,"endTime":1101.118,"body":"I guess one example would be that we"},{"speaker":"Kyle Root","startTime":1101.118,"endTime":1105.298,"body":"bought a up lower duplex in the listing"},{"speaker":"Kyle Root","startTime":1101.118,"endTime":1105.298,"body":"it said it was an upper lower duplex."},{"speaker":"Kyle Root","startTime":1105.308,"endTime":1109.608,"body":"It was like built like an upper lower"},{"speaker":"Kyle Root","startTime":1105.308,"endTime":1109.608,"body":"duplex, everything zoned residential."},{"speaker":"Kyle Root","startTime":1109.908,"endTime":1115.128,"body":"We purchased it, we submitted"},{"speaker":"Kyle Root","startTime":1109.908,"endTime":1115.128,"body":"our permits and it was zoned IU."},{"speaker":"Kyle Root","startTime":1115.188,"endTime":1116.988,"body":"And then here, that's industrial."},{"speaker":"Kyle Root","startTime":1116.988,"endTime":1120.438,"body":"And industrial can't be changed"},{"speaker":"Kyle Root","startTime":1116.988,"endTime":1120.438,"body":"out of its current state,"},{"speaker":"Kyle Root","startTime":1120.438,"endTime":1121.848,"body":"like what it was intended for."},{"speaker":"Kyle Root","startTime":1122.148,"endTime":1125.148,"body":"And this property was,"},{"speaker":"Kyle Root","startTime":1122.148,"endTime":1125.148,"body":"is zoned single family."},{"speaker":"Kyle Root","startTime":1125.448,"endTime":1128.048,"body":"It's just, yeah we've ran"},{"speaker":"Kyle Root","startTime":1125.448,"endTime":1128.048,"body":"into it and that's screwed us."},{"speaker":"Kyle Root","startTime":1128.048,"endTime":1131.768,"body":"It was, the whole thing was built"},{"speaker":"Kyle Root","startTime":1128.048,"endTime":1131.768,"body":"like a duplex and we had to remodel"},{"speaker":"Kyle Root","startTime":1131.768,"endTime":1134.668,"body":"it, and that's, that was a huge"},{"speaker":"Kyle Root","startTime":1131.768,"endTime":1134.668,"body":"unforeseen expense so we run into it."},{"speaker":"Average Joe Finances","startTime":1134.998,"endTime":1137.218,"body":"Did you have"},{"speaker":"Average Joe Finances","startTime":1134.998,"endTime":1137.218,"body":"to turn that into an industrial"},{"speaker":"Average Joe Finances","startTime":1137.218,"endTime":1138.718,"body":"space, like an office building."},{"speaker":"Kyle Root","startTime":1138.768,"endTime":1139.128,"body":"No."},{"speaker":"Kyle Root","startTime":1139.128,"endTime":1141.858,"body":"So you, so it's either"},{"speaker":"Kyle Root","startTime":1139.128,"endTime":1141.858,"body":"industrial or residential."},{"speaker":"Kyle Root","startTime":1141.858,"endTime":1144.938,"body":"So it can't, has to be like"},{"speaker":"Kyle Root","startTime":1141.858,"endTime":1144.938,"body":"single family dwelling, but yeah,"},{"speaker":"Kyle Root","startTime":1145.148,"endTime":1147.378,"body":"which is what his intent was."},{"speaker":"Average Joe Finances","startTime":1148.163,"endTime":1148.493,"body":"Okay."},{"speaker":"Average Joe Finances","startTime":1149.033,"endTime":1149.453,"body":"Interesting."},{"speaker":"Average Joe Finances","startTime":1149.453,"endTime":1152.213,"body":"Yeah, I ask about the permitting"},{"speaker":"Average Joe Finances","startTime":1149.453,"endTime":1152.213,"body":"and stuff because, where I live"},{"speaker":"Average Joe Finances","startTime":1152.213,"endTime":1154.043,"body":"at in Hawaii, especially on Oahu."},{"speaker":"Average Joe Finances","startTime":1154.373,"endTime":1154.493,"body":"Yeah."},{"speaker":"Average Joe Finances","startTime":1154.493,"endTime":1157.643,"body":"We're looking 12 to 18"},{"speaker":"Average Joe Finances","startTime":1154.493,"endTime":1157.643,"body":"months to get a permit."},{"speaker":"Average Joe Finances","startTime":1157.703,"endTime":1158.603,"body":"It's insane."},{"speaker":"Kyle Root","startTime":1158.633,"endTime":1159.393,"body":"Oh, geez."},{"speaker":"Average Joe Finances","startTime":1159.473,"endTime":1159.773,"body":"Yeah."},{"speaker":"Average Joe Finances","startTime":1159.833,"endTime":1162.923,"body":"And then like other places, like there's"},{"speaker":"Average Joe Finances","startTime":1159.833,"endTime":1162.923,"body":"other people that I know that do projects"},{"speaker":"Average Joe Finances","startTime":1162.923,"endTime":1167.033,"body":"on the big island and stuff, and there's"},{"speaker":"Average Joe Finances","startTime":1162.923,"endTime":1167.033,"body":"takes six to nine months out there."},{"speaker":"Average Joe Finances","startTime":1167.403,"endTime":1168.798,"body":"And that's fast for us."},{"speaker":"Average Joe Finances","startTime":1168.798,"endTime":1171.063,"body":"So it's pretty crazy out here."},{"speaker":"Average Joe Finances","startTime":1171.063,"endTime":1173.493,"body":"So that's why I was asking,"},{"speaker":"Average Joe Finances","startTime":1171.063,"endTime":1173.493,"body":"because different markets."},{"speaker":"Kyle Root","startTime":1173.493,"endTime":1174.453,"body":"Permits were days."},{"speaker":"Average Joe Finances","startTime":1175.383,"endTime":1175.833,"body":"Okay."},{"speaker":"Average Joe Finances","startTime":1176.373,"endTime":1176.973,"body":"Right on, man."},{"speaker":"Average Joe Finances","startTime":1177.003,"endTime":1181.433,"body":"Now, for you personally, like we"},{"speaker":"Average Joe Finances","startTime":1177.003,"endTime":1181.433,"body":"talked about, people taking action"},{"speaker":"Average Joe Finances","startTime":1181.733,"endTime":1183.983,"body":"and that's one of the biggest"},{"speaker":"Average Joe Finances","startTime":1181.733,"endTime":1183.983,"body":"hurdles people have to take over."},{"speaker":"Average Joe Finances","startTime":1184.033,"endTime":1186.553,"body":"What are some obstacles"},{"speaker":"Average Joe Finances","startTime":1184.033,"endTime":1186.553,"body":"that you have faced?"},{"speaker":"Average Joe Finances","startTime":1186.953,"endTime":1190.883,"body":"Especially with scaling from"},{"speaker":"Average Joe Finances","startTime":1186.953,"endTime":1190.883,"body":"0 to 70 in a two year period?"},{"speaker":"Average Joe Finances","startTime":1190.888,"endTime":1192.743,"body":"What are some of the obstacles"},{"speaker":"Average Joe Finances","startTime":1190.888,"endTime":1192.743,"body":"that you've had to overcome?"},{"speaker":"Kyle Root","startTime":1194.363,"endTime":1195.413,"body":"Oh my goodness."},{"speaker":"Kyle Root","startTime":1195.533,"endTime":1199.738,"body":"Yeah, there's so many, and I think about"},{"speaker":"Kyle Root","startTime":1195.533,"endTime":1199.738,"body":"the ones that were most important, and"},{"speaker":"Kyle Root","startTime":1200.128,"endTime":1201.778,"body":"believe it or not, the most important one."},{"speaker":"Kyle Root","startTime":1202.693,"endTime":1206.233,"body":"Overcome were a hundred percent not"},{"speaker":"Kyle Root","startTime":1202.693,"endTime":1206.233,"body":"real estate or business related."},{"speaker":"Kyle Root","startTime":1206.233,"endTime":1212.023,"body":"They were related to my emotions, how"},{"speaker":"Kyle Root","startTime":1206.233,"endTime":1212.023,"body":"I How I let other people's emotions"},{"speaker":"Kyle Root","startTime":1212.023,"endTime":1219.153,"body":"dictate my actions rather than my own"},{"speaker":"Kyle Root","startTime":1212.023,"endTime":1219.153,"body":"confidence and my, sometimes things"},{"speaker":"Kyle Root","startTime":1219.153,"endTime":1222.318,"body":"take courage and when other people's"},{"speaker":"Kyle Root","startTime":1219.153,"endTime":1222.318,"body":"emotions, like a lender tells me, Kyle,"},{"speaker":"Kyle Root","startTime":1222.318,"endTime":1225.888,"body":"we can't lend to you rather than me,"},{"speaker":"Kyle Root","startTime":1222.318,"endTime":1225.888,"body":"putting my head down and crying, rather,"},{"speaker":"Kyle Root","startTime":1225.958,"endTime":1229.618,"body":"I should be out there just being like,"},{"speaker":"Kyle Root","startTime":1225.958,"endTime":1229.618,"body":"okay, that's one step closer to the"},{"speaker":"Kyle Root","startTime":1229.618,"endTime":1231.528,"body":"next person that will, and let's be."},{"speaker":"Kyle Root","startTime":1231.823,"endTime":1234.163,"body":"I think it pushed me to"},{"speaker":"Kyle Root","startTime":1231.823,"endTime":1234.163,"body":"be extremely creative."},{"speaker":"Kyle Root","startTime":1234.343,"endTime":1239.213,"body":"I think general again, was not real"},{"speaker":"Kyle Root","startTime":1234.343,"endTime":1239.213,"body":"estate or business related, but"},{"speaker":"Kyle Root","startTime":1239.213,"endTime":1241.913,"body":"rather controlling my emotions."},{"speaker":"Kyle Root","startTime":1241.963,"endTime":1244.988,"body":"And again, I wasn't having these"},{"speaker":"Kyle Root","startTime":1241.963,"endTime":1244.988,"body":"five-year-old freakouts panicking and"},{"speaker":"Kyle Root","startTime":1244.988,"endTime":1246.218,"body":"thinking the world was coming down."},{"speaker":"Average Joe Finances","startTime":1246.218,"endTime":1248.318,"body":"It sounds"},{"speaker":"Average Joe Finances","startTime":1246.218,"endTime":1248.318,"body":"like a lot of mindset stuff, right?"},{"speaker":"Average Joe Finances","startTime":1248.323,"endTime":1249.668,"body":"Shifting that mindset."},{"speaker":"Kyle Root","startTime":1249.728,"endTime":1249.878,"body":"For sure."},{"speaker":"Average Joe Finances","startTime":1249.908,"endTime":1250.568,"body":"Out of that."},{"speaker":"Average Joe Finances","startTime":1250.993,"endTime":1254.593,"body":"That employee mindset to the"},{"speaker":"Average Joe Finances","startTime":1250.993,"endTime":1254.593,"body":"entrepreneur mindset, right?"},{"speaker":"Average Joe Finances","startTime":1254.593,"endTime":1255.523,"body":"And business owner."},{"speaker":"Average Joe Finances","startTime":1255.953,"endTime":1257.928,"body":"Which you did when you left your W-2 job."},{"speaker":"Average Joe Finances","startTime":1258.048,"endTime":1259.853,"body":"You forced yourself into it, right?"},{"speaker":"Kyle Root","startTime":1261.188,"endTime":1262.148,"body":"Yes, exactly."},{"speaker":"Kyle Root","startTime":1262.148,"endTime":1264.128,"body":"And that's what, there"},{"speaker":"Kyle Root","startTime":1262.148,"endTime":1264.128,"body":"was no other option."},{"speaker":"Kyle Root","startTime":1264.128,"endTime":1265.798,"body":"And I personally,"},{"speaker":"Average Joe Finances","startTime":1265.848,"endTime":1266.148,"body":"At that point."},{"speaker":"Average Joe Finances","startTime":1266.148,"endTime":1267.138,"body":"Yeah, it was a done deal."},{"speaker":"Kyle Root","startTime":1267.548,"endTime":1268.508,"body":"Yeah, for sure."},{"speaker":"Kyle Root","startTime":1268.898,"endTime":1272.878,"body":"And I remember actually I called my"},{"speaker":"Kyle Root","startTime":1268.898,"endTime":1272.878,"body":"boss the day out, put in my two weeks."},{"speaker":"Kyle Root","startTime":1272.883,"endTime":1273.538,"body":"It was a Monday."},{"speaker":"Kyle Root","startTime":1273.538,"endTime":1275.908,"body":"I just got done working out"},{"speaker":"Kyle Root","startTime":1273.538,"endTime":1275.908,"body":"and I was like, you know what?"},{"speaker":"Kyle Root","startTime":1275.968,"endTime":1276.478,"body":"It's time."},{"speaker":"Kyle Root","startTime":1277.123,"endTime":1280.653,"body":"And when I called my boss, I told"},{"speaker":"Kyle Root","startTime":1277.123,"endTime":1280.653,"body":"him I'm putting my two weeks in."},{"speaker":"Kyle Root","startTime":1280.653,"endTime":1281.553,"body":"He actually told"},{"speaker":"Average Joe Finances","startTime":1281.833,"endTime":1282.823,"body":"You talked"},{"speaker":"Average Joe Finances","startTime":1281.833,"endTime":1282.823,"body":"to your wife first though, right"},{"speaker":"Average Joe Finances","startTime":1282.823,"endTime":1283.633,"body":"before you called your boss?"},{"speaker":"Kyle Root","startTime":1283.633,"endTime":1284.123,"body":"For sure."},{"speaker":"Kyle Root","startTime":1284.203,"endTime":1284.853,"body":"Yeah, For sure."},{"speaker":"Average Joe Finances","startTime":1284.853,"endTime":1286.783,"body":"Cause you, you"},{"speaker":"Average Joe Finances","startTime":1284.853,"endTime":1286.783,"body":"were like, I was just working out and"},{"speaker":"Average Joe Finances","startTime":1286.788,"endTime":1288.643,"body":"said, ah, I'm calling, this is it."},{"speaker":"Kyle Root","startTime":1288.783,"endTime":1289.143,"body":"No."},{"speaker":"Kyle Root","startTime":1289.143,"endTime":1292.263,"body":"Actually I got done working out"},{"speaker":"Kyle Root","startTime":1289.143,"endTime":1292.263,"body":"and then called her like, we"},{"speaker":"Kyle Root","startTime":1292.268,"endTime":1293.403,"body":"were just talking and I'm like."},{"speaker":"Average Joe Finances","startTime":1293.583,"endTime":1293.703,"body":"Yeah."},{"speaker":"Kyle Root","startTime":1293.703,"endTime":1295.263,"body":"Wait, I"},{"speaker":"Kyle Root","startTime":1293.703,"endTime":1295.263,"body":"could just flip a house."},{"speaker":"Kyle Root","startTime":1295.293,"endTime":1297.813,"body":"If we need, if I, and again, she"},{"speaker":"Kyle Root","startTime":1295.293,"endTime":1297.813,"body":"was my girlfriend at the time, but."},{"speaker":"Average Joe Finances","startTime":1297.903,"endTime":1298.083,"body":"Yeah."},{"speaker":"Kyle Root","startTime":1298.163,"endTime":1298.583,"body":"Yeah."},{"speaker":"Kyle Root","startTime":1298.673,"endTime":1301.133,"body":"And that, she's yeah, you could,"},{"speaker":"Kyle Root","startTime":1298.673,"endTime":1301.133,"body":"and sh she's the best too."},{"speaker":"Kyle Root","startTime":1301.133,"endTime":1303.713,"body":"Cuz any idea I'm like, I'm going for this."},{"speaker":"Kyle Root","startTime":1303.713,"endTime":1304.703,"body":"And she's yeah, do it."},{"speaker":"Kyle Root","startTime":1304.733,"endTime":1305.243,"body":"Go for it."},{"speaker":"Kyle Root","startTime":1305.248,"endTime":1307.883,"body":"And I'm, so she's extremely"},{"speaker":"Kyle Root","startTime":1305.248,"endTime":1307.883,"body":"supportive in that realm."},{"speaker":"Average Joe Finances","startTime":1308.243,"endTime":1308.483,"body":"That's good."},{"speaker":"Average Joe Finances","startTime":1308.488,"endTime":1308.643,"body":"That's good."},{"speaker":"Kyle Root","startTime":1308.688,"endTime":1309.018,"body":"Yeah."},{"speaker":"Average Joe Finances","startTime":1310.818,"endTime":1311.118,"body":"All right."},{"speaker":"Average Joe Finances","startTime":1311.118,"endTime":1311.898,"body":"Right on, man."},{"speaker":"Average Joe Finances","startTime":1312.238,"endTime":1312.478,"body":"Okay."},{"speaker":"Average Joe Finances","startTime":1312.483,"endTime":1316.953,"body":"With all that being said, obviously it"},{"speaker":"Average Joe Finances","startTime":1312.483,"endTime":1316.953,"body":"sounds like your mindset was the biggest"},{"speaker":"Average Joe Finances","startTime":1316.953,"endTime":1322.098,"body":"hurdle you had to overcome and you managed"},{"speaker":"Average Joe Finances","startTime":1316.953,"endTime":1322.098,"body":"to shift it sounds like pretty easily,"},{"speaker":"Average Joe Finances","startTime":1322.098,"endTime":1327.143,"body":"but at the same time, I feel like there's"},{"speaker":"Average Joe Finances","startTime":1322.098,"endTime":1327.143,"body":"a lot more struggle in that for people."},{"speaker":"Average Joe Finances","startTime":1327.148,"endTime":1330.983,"body":"So it might sound easy as we're"},{"speaker":"Average Joe Finances","startTime":1327.148,"endTime":1330.983,"body":"sitting here having this conversation"},{"speaker":"Average Joe Finances","startTime":1331.223,"endTime":1333.913,"body":"and my listeners are like, oh yeah,"},{"speaker":"Average Joe Finances","startTime":1331.223,"endTime":1333.913,"body":"he just, he figured out what he"},{"speaker":"Average Joe Finances","startTime":1333.913,"endTime":1335.323,"body":"wanted to do and he just attacked it."},{"speaker":"Average Joe Finances","startTime":1335.323,"endTime":1335.683,"body":"Yes."},{"speaker":"Average Joe Finances","startTime":1336.133,"endTime":1336.703,"body":"Yes."},{"speaker":"Average Joe Finances","startTime":1336.883,"endTime":1339.913,"body":"But at the same time, all that"},{"speaker":"Average Joe Finances","startTime":1336.883,"endTime":1339.913,"body":"behind the scenes stuff, all"},{"speaker":"Average Joe Finances","startTime":1339.913,"endTime":1341.263,"body":"that work you had to put into it."},{"speaker":"Average Joe Finances","startTime":1341.263,"endTime":1344.513,"body":"Like what kind of ways"},{"speaker":"Average Joe Finances","startTime":1341.263,"endTime":1344.513,"body":"did you educate yourself?"},{"speaker":"Average Joe Finances","startTime":1344.518,"endTime":1347.263,"body":"I know you had mentioned you started"},{"speaker":"Average Joe Finances","startTime":1344.518,"endTime":1347.263,"body":"listening to some some podcasts"},{"speaker":"Average Joe Finances","startTime":1347.263,"endTime":1348.493,"body":"like BiggerPockets and stuff."},{"speaker":"Average Joe Finances","startTime":1348.703,"endTime":1352.878,"body":"Are there any other things that you"},{"speaker":"Average Joe Finances","startTime":1348.703,"endTime":1352.878,"body":"did to like really push yourself down"},{"speaker":"Average Joe Finances","startTime":1352.878,"endTime":1357.208,"body":"this rabbit hole of real estate to"},{"speaker":"Average Joe Finances","startTime":1352.878,"endTime":1357.208,"body":"say that, this is what I wanna do."},{"speaker":"Kyle Root","startTime":1358.708,"endTime":1359.068,"body":"Yeah."},{"speaker":"Kyle Root","startTime":1359.148,"endTime":1363.658,"body":"And I'll tie this in, which goes back"},{"speaker":"Kyle Root","startTime":1359.148,"endTime":1363.658,"body":"to what ultimately lit a fire for me."},{"speaker":"Kyle Root","startTime":1363.688,"endTime":1366.628,"body":"And that was like going back, I forgot"},{"speaker":"Kyle Root","startTime":1363.688,"endTime":1366.628,"body":"what I was saying there for a second."},{"speaker":"Kyle Root","startTime":1366.628,"endTime":1370.248,"body":"But yeah, I was talking about my, when"},{"speaker":"Kyle Root","startTime":1366.628,"endTime":1370.248,"body":"I called my boss and when I called my"},{"speaker":"Kyle Root","startTime":1370.248,"endTime":1371.538,"body":"boss and I told him that I was quitting."},{"speaker":"Kyle Root","startTime":1371.543,"endTime":1375.538,"body":"He told me that he's seen this before"},{"speaker":"Kyle Root","startTime":1371.543,"endTime":1375.538,"body":"and that he basically told me that"},{"speaker":"Kyle Root","startTime":1375.838,"endTime":1377.248,"body":"you're welcome back here anytime."},{"speaker":"Kyle Root","startTime":1377.248,"endTime":1378.808,"body":"Like I was already gonna fail, right?"},{"speaker":"Kyle Root","startTime":1378.808,"endTime":1380.458,"body":"That was a huge thing for me."},{"speaker":"Kyle Root","startTime":1380.698,"endTime":1382.468,"body":"Rather than being like,"},{"speaker":"Kyle Root","startTime":1380.698,"endTime":1382.468,"body":"Hey Kyle, good luck."},{"speaker":"Kyle Root","startTime":1382.468,"endTime":1383.158,"body":"Go get him."},{"speaker":"Kyle Root","startTime":1383.788,"endTime":1385.438,"body":"And I think everyone deals."},{"speaker":"Average Joe Finances","startTime":1385.438,"endTime":1386.668,"body":"That's"},{"speaker":"Average Joe Finances","startTime":1385.438,"endTime":1386.668,"body":"a motivator right there."},{"speaker":"Kyle Root","startTime":1386.938,"endTime":1387.328,"body":"For sure."},{"speaker":"Kyle Root","startTime":1387.328,"endTime":1390.448,"body":"To say that, and he's had people quit"},{"speaker":"Kyle Root","startTime":1387.328,"endTime":1390.448,"body":"on him before and they end up coming"},{"speaker":"Kyle Root","startTime":1390.448,"endTime":1391.858,"body":"back and I'm like, no, I'm not gonna.."},{"speaker":"Kyle Root","startTime":1392.258,"endTime":1394.048,"body":"That was a huge fire for me."},{"speaker":"Kyle Root","startTime":1394.633,"endTime":1395.203,"body":"For sure."},{"speaker":"Kyle Root","startTime":1395.503,"endTime":1398.843,"body":"And yeah, it was nuts, there"},{"speaker":"Kyle Root","startTime":1395.503,"endTime":1398.843,"body":"was times that were brutal."},{"speaker":"Kyle Root","startTime":1398.913,"endTime":1402.893,"body":"Honestly, there was one time, it was"},{"speaker":"Kyle Root","startTime":1398.913,"endTime":1402.893,"body":"probably my fifth property out of my"},{"speaker":"Kyle Root","startTime":1402.893,"endTime":1408.233,"body":"W-2 job, and I was, I ran the numbers"},{"speaker":"Kyle Root","startTime":1402.893,"endTime":1408.233,"body":"wrong, I ran the numbers wrong, and I"},{"speaker":"Kyle Root","startTime":1408.233,"endTime":1409.973,"body":"had actually do the renovation again."},{"speaker":"Kyle Root","startTime":1410.033,"endTime":1412.643,"body":"I was lucky enough that I had"},{"speaker":"Kyle Root","startTime":1410.033,"endTime":1412.643,"body":"some construction background, but"},{"speaker":"Kyle Root","startTime":1412.733,"endTime":1414.353,"body":"I legitimately was out of money."},{"speaker":"Kyle Root","startTime":1414.968,"endTime":1416.078,"body":"Everything was capped."},{"speaker":"Kyle Root","startTime":1416.078,"endTime":1419.648,"body":"There was, I had used all my escrow"},{"speaker":"Kyle Root","startTime":1416.078,"endTime":1419.648,"body":"money up from my hard money lender."},{"speaker":"Kyle Root","startTime":1419.648,"endTime":1420.548,"body":"I was, everything."},{"speaker":"Kyle Root","startTime":1420.548,"endTime":1422.078,"body":"We were waiting on refis to close."},{"speaker":"Kyle Root","startTime":1422.078,"endTime":1423.398,"body":"It was like we were down to it."},{"speaker":"Kyle Root","startTime":1423.908,"endTime":1426.708,"body":"And I honestly, I don't know if"},{"speaker":"Kyle Root","startTime":1423.908,"endTime":1426.708,"body":"I've ever told to anyone this story"},{"speaker":"Kyle Root","startTime":1426.708,"endTime":1428.088,"body":"on a podcast, so this is cool."},{"speaker":"Kyle Root","startTime":1428.093,"endTime":1430.208,"body":"But yeah, I was sitting"},{"speaker":"Kyle Root","startTime":1428.093,"endTime":1430.208,"body":"on a paint bucket, man."},{"speaker":"Kyle Root","startTime":1430.208,"endTime":1432.803,"body":"I remember just like, Crying"},{"speaker":"Kyle Root","startTime":1430.208,"endTime":1432.803,"body":"cuz I'm like, it's over."},{"speaker":"Kyle Root","startTime":1432.853,"endTime":1436.533,"body":"I literally remember playing like, I can"},{"speaker":"Kyle Root","startTime":1432.853,"endTime":1436.533,"body":"call, I'm, I can call, get my job back."},{"speaker":"Kyle Root","startTime":1436.533,"endTime":1437.373,"body":"It's a good job."},{"speaker":"Kyle Root","startTime":1437.373,"endTime":1438.573,"body":"It's a hundred thousand dollars job."},{"speaker":"Kyle Root","startTime":1438.573,"endTime":1439.443,"body":"I was making good money."},{"speaker":"Kyle Root","startTime":1439.443,"endTime":1443.133,"body":"I was, but yeah, I just remember sitting"},{"speaker":"Kyle Root","startTime":1439.443,"endTime":1443.133,"body":"there crying and shut everything off."},{"speaker":"Kyle Root","startTime":1443.133,"endTime":1444.393,"body":"And I was just like, you know what Kyle?"},{"speaker":"Kyle Root","startTime":1444.963,"endTime":1450.093,"body":"If we can take this one day, one decision,"},{"speaker":"Kyle Root","startTime":1444.963,"endTime":1450.093,"body":"one email, one problem at a time, we"},{"speaker":"Kyle Root","startTime":1450.093,"endTime":1452.133,"body":"stay at a chance if we can just take one."},{"speaker":"Kyle Root","startTime":1452.473,"endTime":1456.413,"body":"if I ultimately did run outta money and"},{"speaker":"Kyle Root","startTime":1452.473,"endTime":1456.413,"body":"the refis didn't close and the flip didn't"},{"speaker":"Kyle Root","startTime":1456.413,"endTime":1460.793,"body":"actually go through, I was going back to"},{"speaker":"Kyle Root","startTime":1456.413,"endTime":1460.793,"body":"the work anyways, but I had some time, I"},{"speaker":"Kyle Root","startTime":1460.793,"endTime":1462.893,"body":"had about 30 days for things to work on."},{"speaker":"Kyle Root","startTime":1462.893,"endTime":1463.943,"body":"I said, you know what we're gonna do?"},{"speaker":"Kyle Root","startTime":1464.243,"endTime":1465.473,"body":"We're gonna take this one day at a time."},{"speaker":"Kyle Root","startTime":1465.503,"endTime":1467.123,"body":"We're gonna appreciate the small things."},{"speaker":"Kyle Root","startTime":1467.463,"endTime":1470.458,"body":"I ate food, I have a"},{"speaker":"Kyle Root","startTime":1467.463,"endTime":1470.458,"body":"house, I have a vehicle."},{"speaker":"Kyle Root","startTime":1470.788,"endTime":1473.013,"body":"I have, 20 properties at the time."},{"speaker":"Kyle Root","startTime":1473.253,"endTime":1474.693,"body":"We're just gonna take"},{"speaker":"Kyle Root","startTime":1473.253,"endTime":1474.693,"body":"it one step at a time."},{"speaker":"Kyle Root","startTime":1474.693,"endTime":1475.923,"body":"And we took it one step at a time."},{"speaker":"Kyle Root","startTime":1475.923,"endTime":1480.188,"body":"And basically two years later a year and"},{"speaker":"Kyle Root","startTime":1475.923,"endTime":1480.188,"body":"a half later, we're still in the fight."},{"speaker":"Kyle Root","startTime":1480.243,"endTime":1485.128,"body":"Yeah I just think that there's a fire"},{"speaker":"Kyle Root","startTime":1480.243,"endTime":1485.128,"body":"in everybody and I think sometimes you"},{"speaker":"Kyle Root","startTime":1485.128,"endTime":1490.093,"body":"just have to dig deep for that fire, but"},{"speaker":"Kyle Root","startTime":1485.128,"endTime":1490.093,"body":"when it's there, it can be easily re lit."},{"speaker":"Kyle Root","startTime":1490.153,"endTime":1491.893,"body":"You're never too old to relight it."},{"speaker":"Kyle Root","startTime":1492.043,"endTime":1494.713,"body":"Yeah, and that was just, honestly,"},{"speaker":"Kyle Root","startTime":1492.043,"endTime":1494.713,"body":"that was one of the greatest"},{"speaker":"Kyle Root","startTime":1494.713,"endTime":1497.593,"body":"things everyone ever, someone ever"},{"speaker":"Kyle Root","startTime":1494.713,"endTime":1497.593,"body":"told me is that I was gonna fail."},{"speaker":"Kyle Root","startTime":1497.923,"endTime":1498.223,"body":"Yeah."},{"speaker":"Kyle Root","startTime":1498.493,"endTime":1499.423,"body":"And it just kept it going."},{"speaker":"Average Joe Finances","startTime":1499.663,"endTime":1500.353,"body":"Yeah, I love that, man."},{"speaker":"Average Joe Finances","startTime":1500.353,"endTime":1502.453,"body":"You took that to keep"},{"speaker":"Average Joe Finances","startTime":1500.353,"endTime":1502.453,"body":"that fire burning, man."},{"speaker":"Average Joe Finances","startTime":1502.613,"endTime":1504.653,"body":"Those words were your"},{"speaker":"Average Joe Finances","startTime":1502.613,"endTime":1504.653,"body":"Kindle no matter what."},{"speaker":"Kyle Root","startTime":1504.703,"endTime":1505.033,"body":"For sure."},{"speaker":"Average Joe Finances","startTime":1505.033,"endTime":1505.783,"body":"I love that, dude."},{"speaker":"Average Joe Finances","startTime":1505.783,"endTime":1508.478,"body":"That's motivating right there,"},{"speaker":"Average Joe Finances","startTime":1505.783,"endTime":1508.478,"body":"especially for my listeners right"},{"speaker":"Average Joe Finances","startTime":1508.478,"endTime":1511.298,"body":"now, if they're like, new and they're"},{"speaker":"Average Joe Finances","startTime":1508.478,"endTime":1511.298,"body":"getting ready to start investing."},{"speaker":"Average Joe Finances","startTime":1511.338,"endTime":1514.878,"body":"Man, hearing a story like yours is"},{"speaker":"Average Joe Finances","startTime":1511.338,"endTime":1514.878,"body":"gonna be something that kind of pumps"},{"speaker":"Average Joe Finances","startTime":1514.878,"endTime":1516.948,"body":"'em up, so I really like that now."},{"speaker":"Average Joe Finances","startTime":1517.658,"endTime":1522.318,"body":"You again, like we talked about earlier,"},{"speaker":"Average Joe Finances","startTime":1517.658,"endTime":1522.318,"body":"you scaled very quickly and I'd like"},{"speaker":"Average Joe Finances","startTime":1522.318,"endTime":1524.868,"body":"to think at the beginning, especially"},{"speaker":"Average Joe Finances","startTime":1522.318,"endTime":1524.868,"body":"since you were house hacking, you were"},{"speaker":"Average Joe Finances","startTime":1524.868,"endTime":1526.638,"body":"probably managing on your own, right?"},{"speaker":"Kyle Root","startTime":1527.628,"endTime":1527.958,"body":"Correct."},{"speaker":"Average Joe Finances","startTime":1527.988,"endTime":1531.888,"body":"Did you shift"},{"speaker":"Average Joe Finances","startTime":1527.988,"endTime":1531.888,"body":"to using property managers or are"},{"speaker":"Average Joe Finances","startTime":1531.893,"endTime":1533.148,"body":"you still doing that all yourself?"},{"speaker":"Kyle Root","startTime":1534.393,"endTime":1537.403,"body":"Yeah, no I'm using"},{"speaker":"Kyle Root","startTime":1534.393,"endTime":1537.403,"body":"property managers at this point and."},{"speaker":"Average Joe Finances","startTime":1537.408,"endTime":1537.633,"body":"Awesome."},{"speaker":"Kyle Root","startTime":1537.733,"endTime":1538.933,"body":"That's exactly it is."},{"speaker":"Kyle Root","startTime":1538.933,"endTime":1541.803,"body":"I couldn't I personally with my"},{"speaker":"Kyle Root","startTime":1538.933,"endTime":1541.803,"body":"skillset, and that's the other"},{"speaker":"Kyle Root","startTime":1541.803,"endTime":1544.233,"body":"thing, I was very aware of what"},{"speaker":"Kyle Root","startTime":1541.803,"endTime":1544.233,"body":"I was good at and not good at."},{"speaker":"Kyle Root","startTime":1544.503,"endTime":1545.613,"body":"I wasn't good with tenants."},{"speaker":"Kyle Root","startTime":1545.618,"endTime":1546.723,"body":"I didn't have the patience."},{"speaker":"Kyle Root","startTime":1546.773,"endTime":1549.803,"body":"I wasn't right in the right manner,"},{"speaker":"Kyle Root","startTime":1546.773,"endTime":1549.803,"body":"what I needed, what tenants deserved,"},{"speaker":"Kyle Root","startTime":1549.803,"endTime":1551.543,"body":"and ultimately what the asset deserved."},{"speaker":"Kyle Root","startTime":1551.603,"endTime":1556.998,"body":"But yeah, they were huge in me"},{"speaker":"Kyle Root","startTime":1551.603,"endTime":1556.998,"body":"scaling because, the right property"},{"speaker":"Kyle Root","startTime":1556.998,"endTime":1560.808,"body":"manager, they can renovate two to"},{"speaker":"Kyle Root","startTime":1556.998,"endTime":1560.808,"body":"four units in a couple months for you."},{"speaker":"Kyle Root","startTime":1561.098,"endTime":1563.868,"body":"And at the time we were still"},{"speaker":"Kyle Root","startTime":1561.098,"endTime":1563.868,"body":"building our personal construction"},{"speaker":"Kyle Root","startTime":1563.873,"endTime":1566.333,"body":"team, so they were huge for me."},{"speaker":"Kyle Root","startTime":1566.338,"endTime":1569.033,"body":"And yeah, at this point I"},{"speaker":"Kyle Root","startTime":1566.338,"endTime":1569.033,"body":"couldn't, I wouldn't be where"},{"speaker":"Kyle Root","startTime":1569.033,"endTime":1570.383,"body":"I am without property managers."},{"speaker":"Average Joe Finances","startTime":1571.163,"endTime":1571.853,"body":"Okay, awesome."},{"speaker":"Average Joe Finances","startTime":1572.123,"endTime":1576.203,"body":"So speaking of things that you can't"},{"speaker":"Average Joe Finances","startTime":1572.123,"endTime":1576.203,"body":"live without, is there any tools"},{"speaker":"Average Joe Finances","startTime":1576.203,"endTime":1580.223,"body":"or CRM systems that you use that"},{"speaker":"Average Joe Finances","startTime":1576.203,"endTime":1580.223,"body":"are like, these are my must haves."},{"speaker":"Kyle Root","startTime":1581.948,"endTime":1584.468,"body":"To be honest, I"},{"speaker":"Kyle Root","startTime":1581.948,"endTime":1584.468,"body":"don't use a whole lot again."},{"speaker":"Kyle Root","startTime":1584.768,"endTime":1588.518,"body":"If I had yeah, if I had"},{"speaker":"Kyle Root","startTime":1584.768,"endTime":1588.518,"body":"a big cold calling team."},{"speaker":"Kyle Root","startTime":1588.548,"endTime":1593.303,"body":"Luckily we buy everything off the mls,"},{"speaker":"Kyle Root","startTime":1588.548,"endTime":1593.303,"body":"so for me, honestly, we have this well."},{"speaker":"Average Joe Finances","startTime":1593.303,"endTime":1595.013,"body":"Im talking"},{"speaker":"Average Joe Finances","startTime":1593.303,"endTime":1595.013,"body":"to track like your rent rolls."},{"speaker":"Average Joe Finances","startTime":1595.013,"endTime":1598.683,"body":"Do you use like QuickBooks or do you have"},{"speaker":"Average Joe Finances","startTime":1595.013,"endTime":1598.683,"body":"google spreadsheet or anything like that."},{"speaker":"Kyle Root","startTime":1599.538,"endTime":1600.648,"body":"Yeah, great question."},{"speaker":"Kyle Root","startTime":1600.648,"endTime":1604.918,"body":"So I actually hired a software"},{"speaker":"Kyle Root","startTime":1600.648,"endTime":1604.918,"body":"developer and we're working on"},{"speaker":"Kyle Root","startTime":1604.918,"endTime":1607.798,"body":"building on a software that tracks"},{"speaker":"Kyle Root","startTime":1604.918,"endTime":1607.798,"body":"all that right now because that was"},{"speaker":"Kyle Root","startTime":1607.798,"endTime":1609.183,"body":"actually the problem that I had."},{"speaker":"Kyle Root","startTime":1609.743,"endTime":1613.103,"body":"We were, like many, you start off"},{"speaker":"Kyle Root","startTime":1609.743,"endTime":1613.103,"body":"with a nice little spreadsheet, one"},{"speaker":"Kyle Root","startTime":1613.108,"endTime":1616.563,"body":"address, but that address line when"},{"speaker":"Kyle Root","startTime":1613.108,"endTime":1616.563,"body":"it keeps growing, the spreadsheet"},{"speaker":"Kyle Root","startTime":1616.568,"endTime":1618.208,"body":"keeps growing and it gets to be a lot."},{"speaker":"Kyle Root","startTime":1618.208,"endTime":1623.933,"body":"So yeah, I came across a guy, he basically"},{"speaker":"Kyle Root","startTime":1618.208,"endTime":1623.933,"body":"referred me to this software developer."},{"speaker":"Kyle Root","startTime":1623.933,"endTime":1627.663,"body":"He charges a reasonable"},{"speaker":"Kyle Root","startTime":1623.933,"endTime":1627.663,"body":"price and we jumped in on it."},{"speaker":"Kyle Root","startTime":1627.663,"endTime":1631.433,"body":"And yeah, we're working through basically"},{"speaker":"Kyle Root","startTime":1627.663,"endTime":1631.433,"body":"how we want it to look print the"},{"speaker":"Kyle Root","startTime":1631.433,"endTime":1635.728,"body":"reports we need, look at our cash flow,"},{"speaker":"Kyle Root","startTime":1631.433,"endTime":1635.728,"body":"our global cash flow, all that stuff."},{"speaker":"Kyle Root","startTime":1635.758,"endTime":1637.798,"body":"So yeah, I haven't used anything."},{"speaker":"Kyle Root","startTime":1637.798,"endTime":1640.798,"body":"I went from basically Excel to"},{"speaker":"Kyle Root","startTime":1637.798,"endTime":1640.798,"body":"working with the software developer."},{"speaker":"Average Joe Finances","startTime":1641.808,"endTime":1642.318,"body":"Nice man."},{"speaker":"Average Joe Finances","startTime":1642.318,"endTime":1645.978,"body":"Are you looking to, is it gonna be"},{"speaker":"Average Joe Finances","startTime":1642.318,"endTime":1645.978,"body":"just for you or are you gonna look"},{"speaker":"Average Joe Finances","startTime":1645.978,"endTime":1647.628,"body":"to make this like a public thing?"},{"speaker":"Average Joe Finances","startTime":1647.988,"endTime":1650.508,"body":"You know that if somebody else said,"},{"speaker":"Average Joe Finances","startTime":1647.988,"endTime":1650.508,"body":"Hey, I really like what you put together"},{"speaker":"Average Joe Finances","startTime":1650.513,"endTime":1653.508,"body":"here, I'd like to use it too, is that"},{"speaker":"Average Joe Finances","startTime":1650.513,"endTime":1653.508,"body":"gonna be available in the future?"},{"speaker":"Kyle Root","startTime":1654.468,"endTime":1654.858,"body":"Yeah."},{"speaker":"Kyle Root","startTime":1654.918,"endTime":1658.968,"body":"So one of the things we're working on"},{"speaker":"Kyle Root","startTime":1654.918,"endTime":1658.968,"body":"is first obviously seeing if it fits."},{"speaker":"Kyle Root","startTime":1659.463,"endTime":1663.123,"body":"What I need, and we're gonna make our"},{"speaker":"Kyle Root","startTime":1659.463,"endTime":1663.123,"body":"critiques, but we, yeah, we've had"},{"speaker":"Kyle Root","startTime":1663.123,"endTime":1667.033,"body":"conversations back and forth about"},{"speaker":"Kyle Root","startTime":1663.123,"endTime":1667.033,"body":"getting it out there because I know I"},{"speaker":"Kyle Root","startTime":1667.033,"endTime":1671.468,"body":"know tons of landlords and even early"},{"speaker":"Kyle Root","startTime":1667.033,"endTime":1671.468,"body":"investors that would love to just look at"},{"speaker":"Kyle Root","startTime":1671.468,"endTime":1675.338,"body":"something like that to help track their"},{"speaker":"Kyle Root","startTime":1671.468,"endTime":1675.338,"body":"expenses, their revenue, all that stuff."},{"speaker":"Average Joe Finances","startTime":1676.088,"endTime":1676.808,"body":"Yeah, a hundred percent."},{"speaker":"Average Joe Finances","startTime":1676.813,"endTime":1676.968,"body":"Man."},{"speaker":"Average Joe Finances","startTime":1677.098,"endTime":1677.998,"body":"I'm interested in it too."},{"speaker":"Average Joe Finances","startTime":1677.998,"endTime":1679.258,"body":"It sounds like a really good software."},{"speaker":"Kyle Root","startTime":1679.258,"endTime":1679.898,"body":"So what did you use?"},{"speaker":"Average Joe Finances","startTime":1680.303,"endTime":1684.613,"body":"So what I was"},{"speaker":"Average Joe Finances","startTime":1680.303,"endTime":1684.613,"body":"using back in the day was cozy.co."},{"speaker":"Average Joe Finances","startTime":1684.983,"endTime":1687.863,"body":"Which is now switched to"},{"speaker":"Average Joe Finances","startTime":1684.983,"endTime":1687.863,"body":"apartments.com or whatever."},{"speaker":"Average Joe Finances","startTime":1688.113,"endTime":1690.523,"body":"But STS is another one"},{"speaker":"Average Joe Finances","startTime":1688.113,"endTime":1690.523,"body":"that I was using as well."},{"speaker":"Average Joe Finances","startTime":1691.213,"endTime":1693.628,"body":"But yeah I like things a"},{"speaker":"Average Joe Finances","startTime":1691.213,"endTime":1693.628,"body":"little bit more simple."},{"speaker":"Average Joe Finances","startTime":1694.063,"endTime":1697.383,"body":"And I like to be able to"},{"speaker":"Average Joe Finances","startTime":1694.063,"endTime":1697.383,"body":"pull up everything all in one"},{"speaker":"Average Joe Finances","startTime":1697.383,"endTime":1700.653,"body":"dashboard at once and print out"},{"speaker":"Average Joe Finances","startTime":1697.383,"endTime":1700.653,"body":"whatever I need to print out."},{"speaker":"Average Joe Finances","startTime":1700.683,"endTime":1704.583,"body":"If I need to see my expenses, I need to"},{"speaker":"Average Joe Finances","startTime":1700.683,"endTime":1704.583,"body":"see what I'm actually making this month."},{"speaker":"Average Joe Finances","startTime":1704.913,"endTime":1707.763,"body":"Having everything in one"},{"speaker":"Average Joe Finances","startTime":1704.913,"endTime":1707.763,"body":"place I think is phenomenal."},{"speaker":"Kyle Root","startTime":1708.363,"endTime":1709.743,"body":"Gotcha, gotcha."},{"speaker":"Kyle Root","startTime":1709.853,"endTime":1710.453,"body":"I was just curious."},{"speaker":"Average Joe Finances","startTime":1710.683,"endTime":1711.308,"body":"Yeah, for sure."},{"speaker":"Average Joe Finances","startTime":1711.658,"endTime":1713.458,"body":"Now let me see."},{"speaker":"Average Joe Finances","startTime":1713.968,"endTime":1717.688,"body":"So we talked about the CRM"},{"speaker":"Average Joe Finances","startTime":1713.968,"endTime":1717.688,"body":"systems and tools that you use"},{"speaker":"Average Joe Finances","startTime":1717.688,"endTime":1718.918,"body":"that you can't live without."},{"speaker":"Average Joe Finances","startTime":1719.308,"endTime":1721.018,"body":"Now what about you yourself, Kyle?"},{"speaker":"Average Joe Finances","startTime":1721.018,"endTime":1724.918,"body":"Do you offer any types of services"},{"speaker":"Average Joe Finances","startTime":1721.018,"endTime":1724.918,"body":"to help real estate investors out?"},{"speaker":"Kyle Root","startTime":1726.478,"endTime":1726.838,"body":"I do."},{"speaker":"Kyle Root","startTime":1726.838,"endTime":1727.048,"body":"Yeah."},{"speaker":"Kyle Root","startTime":1727.048,"endTime":1727.168,"body":"Yeah."},{"speaker":"Kyle Root","startTime":1727.168,"endTime":1731.863,"body":"Offer a one-on-one coaching program"},{"speaker":"Kyle Root","startTime":1727.168,"endTime":1731.863,"body":"and I talk to a lot of other"},{"speaker":"Kyle Root","startTime":1731.863,"endTime":1735.703,"body":"successful coaches and just what"},{"speaker":"Kyle Root","startTime":1731.863,"endTime":1735.703,"body":"other investors are looking for."},{"speaker":"Kyle Root","startTime":1736.543,"endTime":1739.783,"body":"And there's a lot of people out"},{"speaker":"Kyle Root","startTime":1736.543,"endTime":1739.783,"body":"there selling courses and they're"},{"speaker":"Kyle Root","startTime":1739.783,"endTime":1740.863,"body":"making tons of money at it."},{"speaker":"Kyle Root","startTime":1740.903,"endTime":1742.973,"body":"They're making tons of"},{"speaker":"Kyle Root","startTime":1740.903,"endTime":1742.973,"body":"money at selling courses."},{"speaker":"Kyle Root","startTime":1742.973,"endTime":1746.243,"body":"But one of the things that was"},{"speaker":"Kyle Root","startTime":1742.973,"endTime":1746.243,"body":"important to me is I wanted to be"},{"speaker":"Kyle Root","startTime":1746.718,"endTime":1750.498,"body":"interconnected with someone else's"},{"speaker":"Kyle Root","startTime":1746.718,"endTime":1750.498,"body":"success and to really help an individual."},{"speaker":"Kyle Root","startTime":1750.798,"endTime":1751.008,"body":"Yeah."},{"speaker":"Kyle Root","startTime":1751.008,"endTime":1753.528,"body":"A lot of people say you can help more"},{"speaker":"Kyle Root","startTime":1751.008,"endTime":1753.528,"body":"people if you help a group, but I"},{"speaker":"Kyle Root","startTime":1753.528,"endTime":1757.638,"body":"want like the one-on-one connection"},{"speaker":"Kyle Root","startTime":1753.528,"endTime":1757.638,"body":"to be like, intricate in the details."},{"speaker":"Kyle Root","startTime":1757.653,"endTime":1761.923,"body":"Sometimes it's hard to cultivate"},{"speaker":"Kyle Root","startTime":1757.653,"endTime":1761.923,"body":"a plan for mass groups of"},{"speaker":"Kyle Root","startTime":1761.928,"endTime":1763.303,"body":"people that helps everyone."},{"speaker":"Kyle Root","startTime":1763.303,"endTime":1765.363,"body":"And for me, that's why I"},{"speaker":"Kyle Root","startTime":1763.303,"endTime":1765.363,"body":"went the one on one route."},{"speaker":"Average Joe Finances","startTime":1765.703,"endTime":1767.863,"body":"Yeah, you"},{"speaker":"Average Joe Finances","startTime":1765.703,"endTime":1767.863,"body":"wanna invest in that person, right?"},{"speaker":"Kyle Root","startTime":1767.863,"endTime":1768.013,"body":"For sure."},{"speaker":"Average Joe Finances","startTime":1768.013,"endTime":1769.993,"body":"You're investing"},{"speaker":"Average Joe Finances","startTime":1768.013,"endTime":1769.993,"body":"your time and energy into them."},{"speaker":"Average Joe Finances","startTime":1770.188,"endTime":1771.388,"body":"So you want to help them succeed?"},{"speaker":"Average Joe Finances","startTime":1771.388,"endTime":1774.358,"body":"No that's great cuz there are a lot"},{"speaker":"Average Joe Finances","startTime":1771.388,"endTime":1774.358,"body":"of times out there you see all these"},{"speaker":"Average Joe Finances","startTime":1774.358,"endTime":1775.708,"body":"group coaching calls and this and that."},{"speaker":"Average Joe Finances","startTime":1775.918,"endTime":1777.538,"body":"Like for my financial"},{"speaker":"Average Joe Finances","startTime":1775.918,"endTime":1777.538,"body":"coaching, I do the same thing."},{"speaker":"Average Joe Finances","startTime":1777.538,"endTime":1778.528,"body":"I do one-on-one."},{"speaker":"Average Joe Finances","startTime":1778.838,"endTime":1780.038,"body":"And we break it down like that."},{"speaker":"Average Joe Finances","startTime":1780.038,"endTime":1784.333,"body":"It's just it's a lot more intimate and you"},{"speaker":"Average Joe Finances","startTime":1780.038,"endTime":1784.333,"body":"can really learn a lot about each other"},{"speaker":"Average Joe Finances","startTime":1784.643,"endTime":1786.533,"body":"and make sure that they are the right fit."},{"speaker":"Average Joe Finances","startTime":1786.533,"endTime":1789.648,"body":"Because sometimes in a group"},{"speaker":"Average Joe Finances","startTime":1786.533,"endTime":1789.648,"body":"setting people get in that herd"},{"speaker":"Average Joe Finances","startTime":1789.648,"endTime":1793.068,"body":"mentality and they're just saying"},{"speaker":"Average Joe Finances","startTime":1789.648,"endTime":1793.068,"body":"yes cuz everyone else is saying yes."},{"speaker":"Average Joe Finances","startTime":1793.068,"endTime":1794.778,"body":"When really they're"},{"speaker":"Average Joe Finances","startTime":1793.068,"endTime":1794.778,"body":"uncomfortable with something."},{"speaker":"Average Joe Finances","startTime":1795.133,"endTime":1796.543,"body":"And they might be scared to say something."},{"speaker":"Average Joe Finances","startTime":1796.543,"endTime":1798.243,"body":"No I can definitely appreciate that."},{"speaker":"Average Joe Finances","startTime":1799.323,"endTime":1799.623,"body":"Kyle."},{"speaker":"Average Joe Finances","startTime":1799.623,"endTime":1802.113,"body":"So yeah, I wanted to ask about"},{"speaker":"Average Joe Finances","startTime":1799.623,"endTime":1802.113,"body":"that because I wanna bring"},{"speaker":"Average Joe Finances","startTime":1802.113,"endTime":1803.613,"body":"us into the final round now."},{"speaker":"Average Joe Finances","startTime":1803.923,"endTime":1807.873,"body":"And we're gonna get to a little bit more"},{"speaker":"Average Joe Finances","startTime":1803.923,"endTime":1807.873,"body":"about, some of the services you offer"},{"speaker":"Average Joe Finances","startTime":1807.873,"endTime":1809.493,"body":"here at the end of the podcast as well."},{"speaker":"Average Joe Finances","startTime":1809.893,"endTime":1812.863,"body":"But first things first, the final"},{"speaker":"Average Joe Finances","startTime":1809.893,"endTime":1812.863,"body":"round here, I'm gonna ask you"},{"speaker":"Average Joe Finances","startTime":1812.863,"endTime":1815.533,"body":"the same four questions I ask"},{"speaker":"Average Joe Finances","startTime":1812.863,"endTime":1815.533,"body":"everybody that comes on the show."},{"speaker":"Average Joe Finances","startTime":1815.953,"endTime":1818.773,"body":"And it's gonna help us get a good"},{"speaker":"Average Joe Finances","startTime":1815.953,"endTime":1818.773,"body":"idea of of how you are when you"},{"speaker":"Average Joe Finances","startTime":1818.773,"endTime":1822.173,"body":"get stuck in a tough situation or"},{"speaker":"Average Joe Finances","startTime":1818.773,"endTime":1822.173,"body":"put under pressure which I'm pretty"},{"speaker":"Average Joe Finances","startTime":1822.173,"endTime":1824.753,"body":"sure I already know how this is"},{"speaker":"Average Joe Finances","startTime":1822.173,"endTime":1824.753,"body":"gonna go because you're crushing it."},{"speaker":"Average Joe Finances","startTime":1825.598,"endTime":1827.398,"body":"So if you're ready to go,"},{"speaker":"Average Joe Finances","startTime":1825.598,"endTime":1827.398,"body":"we'll get this party started."},{"speaker":"Kyle Root","startTime":1827.398,"endTime":1827.638,"body":"Let's do it."},{"speaker":"Average Joe Finances","startTime":1828.358,"endTime":1830.548,"body":"All right, Kyle,"},{"speaker":"Average Joe Finances","startTime":1828.358,"endTime":1830.548,"body":"so the first question I'm gonna ask"},{"speaker":"Average Joe Finances","startTime":1830.548,"endTime":1835.288,"body":"you is, what's the biggest mistake"},{"speaker":"Average Joe Finances","startTime":1830.548,"endTime":1835.288,"body":"you've ever made in real estate?"},{"speaker":"Kyle Root","startTime":1837.238,"endTime":1841.618,"body":"I purchased, man, this"},{"speaker":"Kyle Root","startTime":1837.238,"endTime":1841.618,"body":"is embarrassing to say sometimes,"},{"speaker":"Kyle Root","startTime":1841.618,"endTime":1848.933,"body":"but I purchased a triplex and did"},{"speaker":"Kyle Root","startTime":1841.618,"endTime":1848.933,"body":"not look at any of the mechanicals."},{"speaker":"Kyle Root","startTime":1848.933,"endTime":1852.503,"body":"I looked at 100% of all the"},{"speaker":"Kyle Root","startTime":1848.933,"endTime":1852.503,"body":"cosmetics that it needed."},{"speaker":"Kyle Root","startTime":1853.073,"endTime":1856.913,"body":"But didn't I, when I went in the"},{"speaker":"Kyle Root","startTime":1853.073,"endTime":1856.913,"body":"basement, I looked at the electrical"},{"speaker":"Kyle Root","startTime":1856.913,"endTime":1862.688,"body":"panel, didn't see if there was a hot"},{"speaker":"Kyle Root","startTime":1856.913,"endTime":1862.688,"body":"water heater, didn't see the HVAC unit."},{"speaker":"Kyle Root","startTime":1863.498,"endTime":1864.218,"body":"And I purchased it."},{"speaker":"Kyle Root","startTime":1864.938,"endTime":1866.288,"body":"Yeah, I purchased it, man."},{"speaker":"Kyle Root","startTime":1866.288,"endTime":1868.988,"body":"And that was basically"},{"speaker":"Kyle Root","startTime":1866.288,"endTime":1868.988,"body":"50, 60 grand out the door."},{"speaker":"Average Joe Finances","startTime":1869.038,"endTime":1870.988,"body":"Were"},{"speaker":"Average Joe Finances","startTime":1869.038,"endTime":1870.988,"body":"they broken or just not there?"},{"speaker":"Average Joe Finances","startTime":1871.528,"endTime":1872.398,"body":"They weren't even there."},{"speaker":"Average Joe Finances","startTime":1872.758,"endTime":1872.968,"body":"Oh, no."},{"speaker":"Average Joe Finances","startTime":1874.378,"endTime":1875.248,"body":"Weren't even there."},{"speaker":"Kyle Root","startTime":1875.608,"endTime":1876.328,"body":"Oh no."},{"speaker":"Kyle Root","startTime":1876.898,"endTime":1877.378,"body":"Yeah."},{"speaker":"Kyle Root","startTime":1877.588,"endTime":1877.948,"body":"Oh man."},{"speaker":"Kyle Root","startTime":1877.948,"endTime":1879.768,"body":"And we were we were just on a roll."},{"speaker":"Kyle Root","startTime":1879.888,"endTime":1881.898,"body":"We were on a roll buying"},{"speaker":"Kyle Root","startTime":1879.888,"endTime":1881.898,"body":"tons of properties."},{"speaker":"Kyle Root","startTime":1881.903,"endTime":1884.358,"body":"And this is again, at the time"},{"speaker":"Kyle Root","startTime":1881.903,"endTime":1884.358,"body":"where it was just unit count."},{"speaker":"Kyle Root","startTime":1884.358,"endTime":1888.408,"body":"We were all make, we, it was"},{"speaker":"Kyle Root","startTime":1884.358,"endTime":1888.408,"body":"just, it was almost like chaotic"},{"speaker":"Kyle Root","startTime":1888.498,"endTime":1889.938,"body":"how fast we were growing."},{"speaker":"Kyle Root","startTime":1889.998,"endTime":1893.818,"body":"And again, we were flipping properties,"},{"speaker":"Kyle Root","startTime":1889.998,"endTime":1893.818,"body":"so we had some ex, extra money."},{"speaker":"Kyle Root","startTime":1894.883,"endTime":1898.923,"body":"At this time, but yeah there's no"},{"speaker":"Kyle Root","startTime":1894.883,"endTime":1898.923,"body":"excuse for something like that."},{"speaker":"Kyle Root","startTime":1898.983,"endTime":1901.053,"body":"So that's by far the"},{"speaker":"Kyle Root","startTime":1898.983,"endTime":1901.053,"body":"worst mistake I've made."},{"speaker":"Average Joe Finances","startTime":1901.353,"endTime":1901.593,"body":"Yeah."},{"speaker":"Average Joe Finances","startTime":1901.623,"endTime":1902.133,"body":"Oh man."},{"speaker":"Average Joe Finances","startTime":1902.138,"endTime":1905.763,"body":"I appreciate the transparency there"},{"speaker":"Average Joe Finances","startTime":1902.138,"endTime":1905.763,"body":"that, and especially with the fact"},{"speaker":"Average Joe Finances","startTime":1905.763,"endTime":1907.628,"body":"that, you had that high going, right?"},{"speaker":"Average Joe Finances","startTime":1907.628,"endTime":1911.378,"body":"That dopamine hit cuz you were"},{"speaker":"Average Joe Finances","startTime":1907.628,"endTime":1911.378,"body":"just crushing it and you're like,"},{"speaker":"Average Joe Finances","startTime":1911.378,"endTime":1912.278,"body":"yeah, let's just keep going."},{"speaker":"Average Joe Finances","startTime":1912.278,"endTime":1913.628,"body":"Let's get one more, one more."},{"speaker":"Average Joe Finances","startTime":1913.628,"endTime":1915.578,"body":"Like you were pulling a"},{"speaker":"Average Joe Finances","startTime":1913.628,"endTime":1915.578,"body":"whole DJ Khalid, right?"},{"speaker":"Average Joe Finances","startTime":1916.028,"endTime":1920.373,"body":"And yeah, but this time"},{"speaker":"Average Joe Finances","startTime":1916.028,"endTime":1920.373,"body":"you complacency, right?"},{"speaker":"Average Joe Finances","startTime":1920.373,"endTime":1922.503,"body":"Complacency kills, and yeah."},{"speaker":"Average Joe Finances","startTime":1922.713,"endTime":1924.873,"body":"You learned a lesson there,"},{"speaker":"Average Joe Finances","startTime":1922.713,"endTime":1924.873,"body":"so I appreciate that man."},{"speaker":"Average Joe Finances","startTime":1925.323,"endTime":1925.683,"body":"Okay."},{"speaker":"Average Joe Finances","startTime":1925.903,"endTime":1929.353,"body":"Next question kind of ties into"},{"speaker":"Average Joe Finances","startTime":1925.903,"endTime":1929.353,"body":"that and it's what is something that"},{"speaker":"Average Joe Finances","startTime":1929.353,"endTime":1932.833,"body":"you've learned, Kyle, that you wish"},{"speaker":"Average Joe Finances","startTime":1929.353,"endTime":1932.833,"body":"you knew when you first got started?"},{"speaker":"Kyle Root","startTime":1935.503,"endTime":1939.043,"body":"That systems, when"},{"speaker":"Kyle Root","startTime":1935.503,"endTime":1939.043,"body":"everyone's pushing systems and"},{"speaker":"Kyle Root","startTime":1939.043,"endTime":1940.603,"body":"methods, they're not gonna."},{"speaker":"Kyle Root","startTime":1941.968,"endTime":1946.168,"body":"Until you get experience, because I"},{"speaker":"Kyle Root","startTime":1941.968,"endTime":1946.168,"body":"think a lot of people in business push"},{"speaker":"Kyle Root","startTime":1946.728,"endTime":1948.108,"body":"you need to have the right systems."},{"speaker":"Kyle Root","startTime":1948.108,"endTime":1951.918,"body":"You need to have the right methods, and"},{"speaker":"Kyle Root","startTime":1948.108,"endTime":1951.918,"body":"they overwhelm people with information."},{"speaker":"Kyle Root","startTime":1952.308,"endTime":1956.918,"body":"I think I wish I would've just"},{"speaker":"Kyle Root","startTime":1952.308,"endTime":1956.918,"body":"been okay using some smaller tools"},{"speaker":"Kyle Root","startTime":1956.918,"endTime":1961.238,"body":"like continuously using an Excel"},{"speaker":"Kyle Root","startTime":1956.918,"endTime":1961.238,"body":"spreadsheet for certain things."},{"speaker":"Kyle Root","startTime":1961.348,"endTime":1962.788,"body":"Yeah, I guess in just a little"},{"speaker":"Kyle Root","startTime":1961.348,"endTime":1962.788,"body":"more generally, hands on."},{"speaker":"Kyle Root","startTime":1962.838,"endTime":1963.738,"body":"For sure."},{"speaker":"Kyle Root","startTime":1963.738,"endTime":1968.688,"body":"I think that people are, get so systemized"},{"speaker":"Kyle Root","startTime":1963.738,"endTime":1968.688,"body":"and try to be so like, technology"},{"speaker":"Kyle Root","startTime":1968.688,"endTime":1972.348,"body":"driven where they actually end up losing"},{"speaker":"Kyle Root","startTime":1968.688,"endTime":1972.348,"body":"out on a lot of great experiences."},{"speaker":"Kyle Root","startTime":1972.688,"endTime":1976.538,"body":"So I guess really to put it in short,"},{"speaker":"Kyle Root","startTime":1972.688,"endTime":1976.538,"body":"would just stay in the weeds a little bit"},{"speaker":"Kyle Root","startTime":1976.543,"endTime":1980.058,"body":"longer, to gain a little more experience"},{"speaker":"Kyle Root","startTime":1976.543,"endTime":1980.058,"body":"before developing strong, standard"},{"speaker":"Kyle Root","startTime":1980.058,"endTime":1981.408,"body":"operating procedures, if you will."},{"speaker":"Average Joe Finances","startTime":1982.428,"endTime":1983.448,"body":"No, I love that man."},{"speaker":"Average Joe Finances","startTime":1983.448,"endTime":1985.998,"body":"It's funny cuz when I was talking"},{"speaker":"Average Joe Finances","startTime":1983.448,"endTime":1985.998,"body":"about like my duplex and stuff, yeah."},{"speaker":"Average Joe Finances","startTime":1985.998,"endTime":1989.048,"body":"I use cozy with that and STS with that."},{"speaker":"Average Joe Finances","startTime":1989.378,"endTime":1992.858,"body":"But when it comes to my syndications,"},{"speaker":"Average Joe Finances","startTime":1989.378,"endTime":1992.858,"body":"I have an actual Excel spreadsheet"},{"speaker":"Average Joe Finances","startTime":1993.098,"endTime":1996.848,"body":"with the deals that I'm LP in and"},{"speaker":"Average Joe Finances","startTime":1993.098,"endTime":1996.848,"body":"I track everything in there, right?"},{"speaker":"Average Joe Finances","startTime":1996.848,"endTime":1999.358,"body":"This is how much it was when"},{"speaker":"Average Joe Finances","startTime":1996.848,"endTime":1999.358,"body":"the asset was purchased."},{"speaker":"Average Joe Finances","startTime":1999.718,"endTime":2003.228,"body":"Here's what you know is coming"},{"speaker":"Average Joe Finances","startTime":1999.718,"endTime":2003.228,"body":"in each month on the rent roll."},{"speaker":"Average Joe Finances","startTime":2003.498,"endTime":2004.848,"body":"What my cut is."},{"speaker":"Average Joe Finances","startTime":2005.643,"endTime":2006.843,"body":"It just the whole thing, right?"},{"speaker":"Average Joe Finances","startTime":2006.843,"endTime":2009.813,"body":"So that way I can have something I can"},{"speaker":"Average Joe Finances","startTime":2006.843,"endTime":2009.813,"body":"physically look at and pull up on my"},{"speaker":"Average Joe Finances","startTime":2009.813,"endTime":2012.933,"body":"screen and say, okay, this is where I'm at"},{"speaker":"Average Joe Finances","startTime":2009.813,"endTime":2012.933,"body":"right now and this is where we're going."},{"speaker":"Average Joe Finances","startTime":2013.303,"endTime":2017.353,"body":"Yeah being able to manage it yourself"},{"speaker":"Average Joe Finances","startTime":2013.303,"endTime":2017.353,"body":"a little bit, at least at first,"},{"speaker":"Average Joe Finances","startTime":2017.353,"endTime":2021.733,"body":"and being hands-on and manually"},{"speaker":"Average Joe Finances","startTime":2017.353,"endTime":2021.733,"body":"like you, you've gotta touch on it."},{"speaker":"Average Joe Finances","startTime":2022.173,"endTime":2024.163,"body":"It's a little bit more"},{"speaker":"Average Joe Finances","startTime":2022.173,"endTime":2024.163,"body":"I guess intimate, right?"},{"speaker":"Average Joe Finances","startTime":2024.163,"endTime":2027.553,"body":"Where you've got the hands-on"},{"speaker":"Average Joe Finances","startTime":2024.163,"endTime":2027.553,"body":"experience and it puts you in a"},{"speaker":"Average Joe Finances","startTime":2027.553,"endTime":2031.123,"body":"better place knowledge wise, so"},{"speaker":"Average Joe Finances","startTime":2027.553,"endTime":2031.123,"body":"that when you do upgrade to another"},{"speaker":"Average Joe Finances","startTime":2031.123,"endTime":2034.213,"body":"tool or feature, you know what's"},{"speaker":"Average Joe Finances","startTime":2031.123,"endTime":2034.213,"body":"happening in the background already."},{"speaker":"Average Joe Finances","startTime":2034.583,"endTime":2037.278,"body":"Instead of, it's calculating"},{"speaker":"Average Joe Finances","startTime":2034.583,"endTime":2037.278,"body":"everything for you, but you know"},{"speaker":"Average Joe Finances","startTime":2037.283,"endTime":2038.478,"body":"how to do it if you need to."},{"speaker":"Average Joe Finances","startTime":2039.048,"endTime":2039.108,"body":"Yeah."},{"speaker":"Average Joe Finances","startTime":2039.108,"endTime":2044.353,"body":"If we go back to paper and pen, because"},{"speaker":"Average Joe Finances","startTime":2039.108,"endTime":2044.353,"body":"there's a, EMP wipes out the grid."},{"speaker":"Average Joe Finances","startTime":2044.353,"endTime":2046.663,"body":"That's probably the end of the"},{"speaker":"Average Joe Finances","startTime":2044.353,"endTime":2046.663,"body":"world anyway if that happens, but"},{"speaker":"Average Joe Finances","startTime":2046.663,"endTime":2049.423,"body":"for sure you'll be able to pen and"},{"speaker":"Average Joe Finances","startTime":2046.663,"endTime":2049.423,"body":"paper these things cuz you got it."},{"speaker":"Average Joe Finances","startTime":2049.473,"endTime":2054.753,"body":"Okay, Kyle next question of the final"},{"speaker":"Average Joe Finances","startTime":2049.473,"endTime":2054.753,"body":"round is, do you have any tips or tricks"},{"speaker":"Average Joe Finances","startTime":2054.758,"endTime":2058.473,"body":"that you would recommend to someone"},{"speaker":"Average Joe Finances","startTime":2054.758,"endTime":2058.473,"body":"that is just getting started out today?"},{"speaker":"Kyle Root","startTime":2059.726,"endTime":2064.436,"body":"Yeah, believe it or not, I"},{"speaker":"Kyle Root","startTime":2059.726,"endTime":2064.436,"body":"would recommend anybody to get, and again,"},{"speaker":"Kyle Root","startTime":2064.781,"endTime":2069.431,"body":"It's gonna be tough to find group coaching"},{"speaker":"Kyle Root","startTime":2064.781,"endTime":2069.431,"body":"mentorship out there, and I'm not even"},{"speaker":"Kyle Root","startTime":2069.431,"endTime":2074.231,"body":"saying I'm the person for people, but"},{"speaker":"Kyle Root","startTime":2069.431,"endTime":2074.231,"body":"finding a coach or mentor will expedite"},{"speaker":"Kyle Root","startTime":2074.231,"endTime":2077.021,"body":"your process from where you want to be,"},{"speaker":"Kyle Root","startTime":2074.231,"endTime":2077.021,"body":"to where you want to, like where you are"},{"speaker":"Kyle Root","startTime":2077.021,"endTime":2080.856,"body":"today and where you want to go, because"},{"speaker":"Kyle Root","startTime":2077.021,"endTime":2080.856,"body":"again, they've made mistakes that you're"},{"speaker":"Kyle Root","startTime":2080.861,"endTime":2082.386,"body":"gonna pay for one way or the other."},{"speaker":"Kyle Root","startTime":2082.386,"endTime":2084.396,"body":"You can either pay someone"},{"speaker":"Kyle Root","startTime":2082.386,"endTime":2084.396,"body":"to help you not see them."},{"speaker":"Kyle Root","startTime":2085.021,"endTime":2086.311,"body":"Or you're gonna find out yourself."},{"speaker":"Kyle Root","startTime":2086.311,"endTime":2089.581,"body":"And yes, all the information's out"},{"speaker":"Kyle Root","startTime":2086.311,"endTime":2089.581,"body":"there and everyone I tell this to,"},{"speaker":"Kyle Root","startTime":2089.581,"endTime":2092.641,"body":"I was like, literally every single"},{"speaker":"Kyle Root","startTime":2089.581,"endTime":2092.641,"body":"piece of information that you"},{"speaker":"Kyle Root","startTime":2092.646,"endTime":2094.471,"body":"are gonna run into is out there."},{"speaker":"Kyle Root","startTime":2094.476,"endTime":2096.491,"body":"It's just how long do you"},{"speaker":"Kyle Root","startTime":2094.476,"endTime":2096.491,"body":"wanna keep searching for it?"},{"speaker":"Average Joe Finances","startTime":2097.371,"endTime":2098.091,"body":"Absolutely."},{"speaker":"Average Joe Finances","startTime":2098.251,"endTime":2102.241,"body":"I'm a firm believer in coaches and mentors"},{"speaker":"Average Joe Finances","startTime":2098.251,"endTime":2102.241,"body":"and not because I do coaching myself."},{"speaker":"Average Joe Finances","startTime":2102.241,"endTime":2103.681,"body":"I use them myself."},{"speaker":"Average Joe Finances","startTime":2103.981,"endTime":2106.531,"body":"I have many mentors, likewise,"},{"speaker":"Average Joe Finances","startTime":2103.981,"endTime":2106.531,"body":"and then coaches too."},{"speaker":"Average Joe Finances","startTime":2106.536,"endTime":2109.681,"body":"Like I pay them because it's"},{"speaker":"Average Joe Finances","startTime":2106.536,"endTime":2109.681,"body":"an accountability thing for me."},{"speaker":"Average Joe Finances","startTime":2109.711,"endTime":2112.381,"body":"Masterminds as well, like I"},{"speaker":"Average Joe Finances","startTime":2109.711,"endTime":2112.381,"body":"love being in Masterminds."},{"speaker":"Average Joe Finances","startTime":2112.386,"endTime":2115.891,"body":"I'm in two of them right now, and"},{"speaker":"Average Joe Finances","startTime":2112.386,"endTime":2115.891,"body":"it's just one of those things that,"},{"speaker":"Average Joe Finances","startTime":2115.891,"endTime":2119.921,"body":"I feel like, it's not so much that"},{"speaker":"Average Joe Finances","startTime":2115.891,"endTime":2119.921,"body":"I'm being held accountable by them,"},{"speaker":"Average Joe Finances","startTime":2120.221,"endTime":2124.511,"body":"but I'm holding myself accountable"},{"speaker":"Average Joe Finances","startTime":2120.221,"endTime":2124.511,"body":"because other people are watching."},{"speaker":"Average Joe Finances","startTime":2124.931,"endTime":2128.771,"body":"And that's the way, to me it just gets"},{"speaker":"Average Joe Finances","startTime":2124.931,"endTime":2128.771,"body":"in my head like, okay, I need to, and"},{"speaker":"Average Joe Finances","startTime":2128.771,"endTime":2131.231,"body":"it was the same way I thought about"},{"speaker":"Average Joe Finances","startTime":2128.771,"endTime":2131.231,"body":"like, when I was in the military too."},{"speaker":"Average Joe Finances","startTime":2131.231,"endTime":2132.911,"body":"I always thought to myself,"},{"speaker":"Average Joe Finances","startTime":2131.231,"endTime":2132.911,"body":"you're always on parade."},{"speaker":"Average Joe Finances","startTime":2132.916,"endTime":2136.271,"body":"There's always people watching,"},{"speaker":"Average Joe Finances","startTime":2132.916,"endTime":2136.271,"body":"so do the right thing, right?"},{"speaker":"Average Joe Finances","startTime":2136.481,"endTime":2139.966,"body":"So yeah, man I love that kind of"},{"speaker":"Average Joe Finances","startTime":2136.481,"endTime":2139.966,"body":"mentality and a lot of people look at"},{"speaker":"Average Joe Finances","startTime":2139.966,"endTime":2141.736,"body":"that as oh, I don't wanna pay for this."},{"speaker":"Average Joe Finances","startTime":2141.736,"endTime":2142.606,"body":"I don't wanna pay for that."},{"speaker":"Average Joe Finances","startTime":2143.071,"endTime":2146.071,"body":"Look, you're gonna pay for that"},{"speaker":"Average Joe Finances","startTime":2143.071,"endTime":2146.071,"body":"education one way or the other."},{"speaker":"Average Joe Finances","startTime":2146.131,"endTime":2149.071,"body":"Either you're gonna have somebody that's"},{"speaker":"Average Joe Finances","startTime":2146.131,"endTime":2149.071,"body":"gonna help guide you along the way and"},{"speaker":"Average Joe Finances","startTime":2149.071,"endTime":2152.581,"body":"push you in the right direction, or you're"},{"speaker":"Average Joe Finances","startTime":2149.071,"endTime":2152.581,"body":"gonna go make those mistakes yourself"},{"speaker":"Average Joe Finances","startTime":2152.581,"endTime":2157.561,"body":"and pay 2, 3, 4, 5, 10 times what you"},{"speaker":"Average Joe Finances","startTime":2152.581,"endTime":2157.561,"body":"would've paid that coach to help you out."},{"speaker":"Average Joe Finances","startTime":2157.681,"endTime":2160.261,"body":"So yeah, firm believer in that stuff, man."},{"speaker":"Average Joe Finances","startTime":2160.261,"endTime":2165.961,"body":"Okay, Kyle, the final question of"},{"speaker":"Average Joe Finances","startTime":2160.261,"endTime":2165.961,"body":"the final round is, do you have a"},{"speaker":"Average Joe Finances","startTime":2165.961,"endTime":2171.181,"body":"favorite business investing or real"},{"speaker":"Average Joe Finances","startTime":2165.961,"endTime":2171.181,"body":"estate related book or podcast or both?"},{"speaker":"Kyle Root","startTime":2172.966,"endTime":2173.476,"body":"I do."},{"speaker":"Kyle Root","startTime":2173.536,"endTime":2176.286,"body":"So I would say, and I just read it."},{"speaker":"Kyle Root","startTime":2176.466,"endTime":2177.866,"body":"I've got it yeah, behind me."},{"speaker":"Kyle Root","startTime":2177.871,"endTime":2183.006,"body":"So it's not necessarily re real"},{"speaker":"Kyle Root","startTime":2177.871,"endTime":2183.006,"body":"estate related or business,"},{"speaker":"Kyle Root","startTime":2183.006,"endTime":2184.176,"body":"but also both related."},{"speaker":"Kyle Root","startTime":2184.181,"endTime":2185.886,"body":"And it's called the Slight Edge."},{"speaker":"Kyle Root","startTime":2186.456,"endTime":2188.206,"body":"It's, I don't know, have you ever read it?"},{"speaker":"Kyle Root","startTime":2188.206,"endTime":2188.986,"body":"The Slight Edge?"},{"speaker":"Average Joe Finances","startTime":2189.136,"endTime":2189.736,"body":"I have not."},{"speaker":"Kyle Root","startTime":2190.276,"endTime":2193.076,"body":"No, it's a great book"},{"speaker":"Kyle Root","startTime":2190.276,"endTime":2193.076,"body":"and it's believe it or not, it's"},{"speaker":"Kyle Root","startTime":2193.076,"endTime":2197.036,"body":"about how getting the slight edge"},{"speaker":"Kyle Root","startTime":2193.076,"endTime":2197.036,"body":"in life and business decisions and"},{"speaker":"Kyle Root","startTime":2197.306,"endTime":2199.016,"body":"your relationship just in general."},{"speaker":"Kyle Root","startTime":2199.016,"endTime":2203.606,"body":"And I think I think a lot of"},{"speaker":"Kyle Root","startTime":2199.016,"endTime":2203.606,"body":"people get really hung up on"},{"speaker":"Kyle Root","startTime":2203.606,"endTime":2205.106,"body":"the intricacies of business."},{"speaker":"Kyle Root","startTime":2205.106,"endTime":2209.156,"body":"But again, I think there's so many"},{"speaker":"Kyle Root","startTime":2205.106,"endTime":2209.156,"body":"piece pieces of like your personal"},{"speaker":"Kyle Root","startTime":2209.156,"endTime":2211.106,"body":"relationship with, your significant other."},{"speaker":"Kyle Root","startTime":2211.106,"endTime":2214.716,"body":"There's so many things going on"},{"speaker":"Kyle Root","startTime":2211.106,"endTime":2214.716,"body":"in life that can get overbearing."},{"speaker":"Kyle Root","startTime":2214.721,"endTime":2217.026,"body":"Sometimes they can get overbearing"},{"speaker":"Kyle Root","startTime":2214.721,"endTime":2217.026,"body":"and start clouding your"},{"speaker":"Kyle Root","startTime":2217.026,"endTime":2218.526,"body":"judgment and business decision."},{"speaker":"Kyle Root","startTime":2218.576,"endTime":2219.836,"body":"And this book talks about it."},{"speaker":"Kyle Root","startTime":2219.836,"endTime":2220.926,"body":"And it was great."},{"speaker":"Kyle Root","startTime":2220.926,"endTime":2221.736,"body":"It's a great book."},{"speaker":"Kyle Root","startTime":2221.736,"endTime":2222.906,"body":"I would recommend it to anyone."},{"speaker":"Kyle Root","startTime":2223.386,"endTime":2226.526,"body":"It's just by Jeff Olson the"},{"speaker":"Kyle Root","startTime":2223.386,"endTime":2226.526,"body":"Slight Edge by Jeff Olson."},{"speaker":"Kyle Root","startTime":2226.936,"endTime":2228.376,"body":"And it's, yeah it's great."},{"speaker":"Kyle Root","startTime":2228.376,"endTime":2231.646,"body":"It just goes over how to get a slight"},{"speaker":"Kyle Root","startTime":2228.376,"endTime":2231.646,"body":"edge, get up earlier, sleep in a little"},{"speaker":"Kyle Root","startTime":2231.646,"endTime":2233.926,"body":"bit longer go to bed earlier at night."},{"speaker":"Kyle Root","startTime":2234.841,"endTime":2235.921,"body":"Just everything."},{"speaker":"Kyle Root","startTime":2235.951,"endTime":2239.401,"body":"Little plants that little seeds"},{"speaker":"Kyle Root","startTime":2235.951,"endTime":2239.401,"body":"that create plants in your brain."},{"speaker":"Kyle Root","startTime":2239.411,"endTime":2240.351,"body":"It's it's a great book."},{"speaker":"Average Joe Finances","startTime":2240.501,"endTime":2240.891,"body":"Awesome."},{"speaker":"Average Joe Finances","startTime":2241.161,"endTime":2243.681,"body":"Yeah I'm glad I was gonna ask you"},{"speaker":"Average Joe Finances","startTime":2241.161,"endTime":2243.681,"body":"who wrote it, so I'm glad you added"},{"speaker":"Average Joe Finances","startTime":2243.681,"endTime":2245.581,"body":"that in fantastic recommendation."},{"speaker":"Average Joe Finances","startTime":2245.581,"endTime":2246.451,"body":"I appreciate that."},{"speaker":"Average Joe Finances","startTime":2246.451,"endTime":2251.281,"body":"So that is it for the final round,"},{"speaker":"Average Joe Finances","startTime":2246.451,"endTime":2251.281,"body":"Kyle, but I do have another question"},{"speaker":"Average Joe Finances","startTime":2251.281,"endTime":2253.501,"body":"for you, and this is probably the"},{"speaker":"Average Joe Finances","startTime":2251.281,"endTime":2253.501,"body":"most important question I'm gonna"},{"speaker":"Average Joe Finances","startTime":2253.501,"endTime":2254.851,"body":"ask you throughout this entire."},{"speaker":"Average Joe Finances","startTime":2255.096,"endTime":2258.736,"body":"Podcast because my listeners are sitting"},{"speaker":"Average Joe Finances","startTime":2255.096,"endTime":2258.736,"body":"here listening and they're saying, man,"},{"speaker":"Average Joe Finances","startTime":2258.736,"endTime":2263.206,"body":"I'm getting so many golden nuggets,"},{"speaker":"Average Joe Finances","startTime":2258.736,"endTime":2263.206,"body":"so much valuable information from Kyle"},{"speaker":"Average Joe Finances","startTime":2263.206,"endTime":2267.346,"body":"Root here, and I wanna know where I"},{"speaker":"Average Joe Finances","startTime":2263.206,"endTime":2267.346,"body":"could find more information about him."},{"speaker":"Average Joe Finances","startTime":2267.346,"endTime":2270.491,"body":"Kyle, with that being said, can you"},{"speaker":"Average Joe Finances","startTime":2267.346,"endTime":2270.491,"body":"share with us where people could"},{"speaker":"Average Joe Finances","startTime":2270.491,"endTime":2272.111,"body":"find more information about you?"},{"speaker":"Average Joe Finances","startTime":2272.351,"endTime":2274.871,"body":"Give a website, social"},{"speaker":"Average Joe Finances","startTime":2272.351,"endTime":2274.871,"body":"media that we can follow."},{"speaker":"Average Joe Finances","startTime":2275.091,"endTime":2276.831,"body":"If somebody wants to check"},{"speaker":"Average Joe Finances","startTime":2275.091,"endTime":2276.831,"body":"out your coaching program,"},{"speaker":"Average Joe Finances","startTime":2276.831,"endTime":2278.031,"body":"where can we find all of this?"},{"speaker":"Kyle Root","startTime":2279.556,"endTime":2282.406,"body":"Yeah, so the best"},{"speaker":"Kyle Root","startTime":2279.556,"endTime":2282.406,"body":"place for coaching is probably my"},{"speaker":"Kyle Root","startTime":2282.406,"endTime":2284.876,"body":"website, which is kylejroot.com."},{"speaker":"Kyle Root","startTime":2285.206,"endTime":2286.856,"body":"Again, that's kyle j root.com."},{"speaker":"Kyle Root","startTime":2287.006,"endTime":2289.686,"body":"Instagram is @KJ_root."},{"speaker":"Kyle Root","startTime":2289.706,"endTime":2292.566,"body":"I'm posting about five"},{"speaker":"Kyle Root","startTime":2289.706,"endTime":2292.566,"body":"times a week on there."},{"speaker":"Kyle Root","startTime":2292.566,"endTime":2296.496,"body":"Just, my mindset, just real estate"},{"speaker":"Kyle Root","startTime":2292.566,"endTime":2296.496,"body":"information, pushing out a bunch"},{"speaker":"Kyle Root","startTime":2296.496,"endTime":2298.356,"body":"of free content, shoot me a dm."},{"speaker":"Kyle Root","startTime":2298.361,"endTime":2300.546,"body":"I love meeting new people,"},{"speaker":"Kyle Root","startTime":2298.361,"endTime":2300.546,"body":"chatting with people."},{"speaker":"Kyle Root","startTime":2300.886,"endTime":2303.786,"body":"So those are the best two places"},{"speaker":"Kyle Root","startTime":2300.886,"endTime":2303.786,"body":"to, to get ahold of me and find me."},{"speaker":"Average Joe Finances","startTime":2304.791,"endTime":2305.631,"body":"Fantastic man."},{"speaker":"Average Joe Finances","startTime":2305.631,"endTime":2308.661,"body":"So I'll make sure I have all those links"},{"speaker":"Average Joe Finances","startTime":2305.631,"endTime":2308.661,"body":"in the show notes to make it easy for"},{"speaker":"Average Joe Finances","startTime":2308.661,"endTime":2310.521,"body":"people to copy and paste or click away."},{"speaker":"Average Joe Finances","startTime":2310.791,"endTime":2313.671,"body":"I just only ask that you"},{"speaker":"Average Joe Finances","startTime":2310.791,"endTime":2313.671,"body":"don't do it if you're driving."},{"speaker":"Average Joe Finances","startTime":2313.971,"endTime":2314.361,"body":"Okay."},{"speaker":"Average Joe Finances","startTime":2314.551,"endTime":2316.761,"body":"But hey man I genuinely"},{"speaker":"Average Joe Finances","startTime":2314.551,"endTime":2316.761,"body":"appreciate everything."},{"speaker":"Average Joe Finances","startTime":2316.761,"endTime":2319.731,"body":"Do you have any final"},{"speaker":"Average Joe Finances","startTime":2316.761,"endTime":2319.731,"body":"thoughts for our listeners?"},{"speaker":"Average Joe Finances","startTime":2319.731,"endTime":2320.991,"body":"Anything that we may have missed?"},{"speaker":"Kyle Root","startTime":2322.671,"endTime":2325.331,"body":"Yeah, I just, one"},{"speaker":"Kyle Root","startTime":2322.671,"endTime":2325.331,"body":"last little round here is I"},{"speaker":"Kyle Root","startTime":2325.331,"endTime":2328.421,"body":"keep looking at your little sign"},{"speaker":"Kyle Root","startTime":2325.331,"endTime":2328.421,"body":"behind you that says Work hard."},{"speaker":"Kyle Root","startTime":2328.511,"endTime":2331.901,"body":"And I think that's extremely"},{"speaker":"Kyle Root","startTime":2328.511,"endTime":2331.901,"body":"undervalued in, in today's society."},{"speaker":"Kyle Root","startTime":2332.291,"endTime":2337.651,"body":"And sometimes your work ethic"},{"speaker":"Kyle Root","startTime":2332.291,"endTime":2337.651,"body":"your work ethic will outplay"},{"speaker":"Kyle Root","startTime":2337.656,"endTime":2341.001,"body":"anyone that has that might be a"},{"speaker":"Kyle Root","startTime":2337.656,"endTime":2341.001,"body":"little bit more swifter than you."},{"speaker":"Kyle Root","startTime":2341.001,"endTime":2342.021,"body":"A better salesman."},{"speaker":"Kyle Root","startTime":2342.021,"endTime":2344.061,"body":"Your hard work will win every single time."},{"speaker":"Kyle Root","startTime":2344.061,"endTime":2346.691,"body":"If you can work hard consistently"},{"speaker":"Kyle Root","startTime":2344.061,"endTime":2346.691,"body":"and do the right thing."},{"speaker":"Kyle Root","startTime":2347.051,"endTime":2347.771,"body":"You're gonna win."},{"speaker":"Kyle Root","startTime":2347.771,"endTime":2351.941,"body":"So I just think having the ability"},{"speaker":"Kyle Root","startTime":2347.771,"endTime":2351.941,"body":"to work hard and do it consistently,"},{"speaker":"Kyle Root","startTime":2351.941,"endTime":2354.521,"body":"and not only do something"},{"speaker":"Kyle Root","startTime":2351.941,"endTime":2354.521,"body":"consistently, but make sure you have"},{"speaker":"Kyle Root","startTime":2354.521,"endTime":2356.511,"body":"the right information is important."},{"speaker":"Kyle Root","startTime":2356.781,"endTime":2359.511,"body":"And yeah, just stay after it"},{"speaker":"Kyle Root","startTime":2356.781,"endTime":2359.511,"body":"and then good things come."},{"speaker":"Average Joe Finances","startTime":2359.781,"endTime":2360.806,"body":"I appreciate that, man."},{"speaker":"Average Joe Finances","startTime":2360.811,"endTime":2363.406,"body":"Cause I was just, I just came back from a"},{"speaker":"Average Joe Finances","startTime":2360.811,"endTime":2363.406,"body":"real estate conference, I was telling you"},{"speaker":"Average Joe Finances","startTime":2363.406,"endTime":2367.606,"body":"about this pre-recording and, one of the"},{"speaker":"Average Joe Finances","startTime":2363.406,"endTime":2367.606,"body":"things that one of the speakers said there"},{"speaker":"Average Joe Finances","startTime":2367.696,"endTime":2375.196,"body":"is that the one thing that you cannot put"},{"speaker":"Average Joe Finances","startTime":2367.696,"endTime":2375.196,"body":"a number on, Is your persistence, right?"},{"speaker":"Average Joe Finances","startTime":2375.526,"endTime":2378.796,"body":"And that somebody, if you are"},{"speaker":"Average Joe Finances","startTime":2375.526,"endTime":2378.796,"body":"persistent and consistent and you"},{"speaker":"Average Joe Finances","startTime":2378.796,"endTime":2383.986,"body":"constantly strive towards your goals,"},{"speaker":"Average Joe Finances","startTime":2378.796,"endTime":2383.986,"body":"nobody can stop you except for you."},{"speaker":"Average Joe Finances","startTime":2384.436,"endTime":2386.506,"body":"So I absolutely love the"},{"speaker":"Average Joe Finances","startTime":2384.436,"endTime":2386.506,"body":"way that you put that."},{"speaker":"Average Joe Finances","startTime":2386.716,"endTime":2389.026,"body":"And then the other one you probably"},{"speaker":"Average Joe Finances","startTime":2386.716,"endTime":2389.026,"body":"can't read the rest of the words on"},{"speaker":"Average Joe Finances","startTime":2389.026,"endTime":2392.686,"body":"here, but the other sign I have says,"},{"speaker":"Average Joe Finances","startTime":2389.026,"endTime":2392.686,"body":"good things come to those who hustle."},{"speaker":"Average Joe Finances","startTime":2393.561,"endTime":2393.951,"body":"So you, nice."},{"speaker":"Average Joe Finances","startTime":2394.071,"endTime":2396.081,"body":"I can't see the small words on"},{"speaker":"Average Joe Finances","startTime":2394.071,"endTime":2396.081,"body":"top, but yes, that's why I have"},{"speaker":"Average Joe Finances","startTime":2396.081,"endTime":2398.201,"body":"the hard the work hard and hustle."},{"speaker":"Average Joe Finances","startTime":2398.381,"endTime":2400.841,"body":"But it says, good things"},{"speaker":"Average Joe Finances","startTime":2398.381,"endTime":2400.841,"body":"come to those who hustle."},{"speaker":"Average Joe Finances","startTime":2400.841,"endTime":2403.061,"body":"So I'm a firm believer"},{"speaker":"Average Joe Finances","startTime":2400.841,"endTime":2403.061,"body":"in all of that, man."},{"speaker":"Average Joe Finances","startTime":2403.271,"endTime":2403.721,"body":"Awesome."},{"speaker":"Average Joe Finances","startTime":2403.801,"endTime":2407.941,"body":"Hey Kyle, genuinely appreciate you"},{"speaker":"Average Joe Finances","startTime":2403.801,"endTime":2407.941,"body":"taking the time to talk with me today."},{"speaker":"Average Joe Finances","startTime":2408.191,"endTime":2411.576,"body":"This was fantastic learning about"},{"speaker":"Average Joe Finances","startTime":2408.191,"endTime":2411.576,"body":"your story, what you've done"},{"speaker":"Average Joe Finances","startTime":2411.696,"endTime":2413.316,"body":"in such a short period of time."},{"speaker":"Average Joe Finances","startTime":2413.586,"endTime":2416.586,"body":"You're 28 years old, you're"},{"speaker":"Average Joe Finances","startTime":2413.586,"endTime":2416.586,"body":"financially independent."},{"speaker":"Average Joe Finances","startTime":2416.826,"endTime":2418.416,"body":"I absolutely love it, man."},{"speaker":"Average Joe Finances","startTime":2418.446,"endTime":2419.286,"body":"This was fantastic."},{"speaker":"Average Joe Finances","startTime":2419.291,"endTime":2421.536,"body":"Thank you again so much"},{"speaker":"Average Joe Finances","startTime":2419.291,"endTime":2421.536,"body":"for talking with me today."},{"speaker":"Average Joe Finances","startTime":2422.676,"endTime":2423.096,"body":"Thanks Mike."},{"speaker":"Average Joe Finances","startTime":2423.096,"endTime":2423.726,"body":"Appreciate it, man."},{"speaker":"Average Joe Finances","startTime":2424.026,"endTime":2424.656,"body":"Absolutely."},{"speaker":"Average Joe Finances","startTime":2424.656,"endTime":2429.186,"body":"And hey, to my listeners, I also wanna"},{"speaker":"Average Joe Finances","startTime":2424.656,"endTime":2429.186,"body":"thank all of you so very much for joining"},{"speaker":"Average Joe Finances","startTime":2429.191,"endTime":2433.236,"body":"me and our special guest, Kyle Root,"},{"speaker":"Average Joe Finances","startTime":2429.191,"endTime":2433.236,"body":"on the Average Joe Finances Podcast."},{"speaker":"Average Joe Finances","startTime":2433.956,"endTime":2436.596,"body":"Go leave us a five star review"},{"speaker":"Average Joe Finances","startTime":2433.956,"endTime":2436.596,"body":"and tell us what you liked"},{"speaker":"Average Joe Finances","startTime":2436.596,"endTime":2438.726,"body":"about today's episode with Kyle."},{"speaker":"Average Joe Finances","startTime":2438.996,"endTime":2441.756,"body":"Aloha from Hawaii and have"},{"speaker":"Average Joe Finances","startTime":2438.996,"endTime":2441.756,"body":"a great rest of your day."}]}