{"version":"1.0.0","segments":[{"speaker":"Average Joe Finances","startTime":0.15,"endTime":3.24,"body":"This is"},{"speaker":"Average Joe Finances","startTime":0.15,"endTime":3.24,"body":"Average Joe Finances podcast"},{"speaker":"Average Joe Finances","startTime":3.24,"endTime":7.65,"body":"episode 55. If you're watching"},{"speaker":"Average Joe Finances","startTime":3.24,"endTime":7.65,"body":"this on YouTube, make sure you"},{"speaker":"Average Joe Finances","startTime":7.65,"endTime":11.04,"body":"smash that like button and click"},{"speaker":"Average Joe Finances","startTime":7.65,"endTime":11.04,"body":"subscribe. For those of you"},{"speaker":"Average Joe Finances","startTime":11.04,"endTime":14.7,"body":"listening on a podcast platform,"},{"speaker":"Average Joe Finances","startTime":11.04,"endTime":14.7,"body":"be sure to subscribe on whatever"},{"speaker":"Average Joe Finances","startTime":14.7,"endTime":18.36,"body":"platform that is and leave us a"},{"speaker":"Average Joe Finances","startTime":14.7,"endTime":18.36,"body":"rating if you can. The more"},{"speaker":"Average Joe Finances","startTime":18.36,"endTime":21.3,"body":"likes ratings and subscriptions"},{"speaker":"Average Joe Finances","startTime":18.36,"endTime":21.3,"body":"that we get, the more we can"},{"speaker":"Average Joe Finances","startTime":21.3,"endTime":24.87,"body":"spread the message and grow our"},{"speaker":"Average Joe Finances","startTime":21.3,"endTime":24.87,"body":"community. So we also have a"},{"speaker":"Average Joe Finances","startTime":24.87,"endTime":28.5,"body":"free Facebook group it's called"},{"speaker":"Average Joe Finances","startTime":24.87,"endTime":28.5,"body":"the Average Joe Finances"},{"speaker":"Average Joe Finances","startTime":28.5,"endTime":32.16,"body":"network. Check us out join the"},{"speaker":"Average Joe Finances","startTime":28.5,"endTime":32.16,"body":"group join the community ask"},{"speaker":"Average Joe Finances","startTime":32.16,"endTime":35.7,"body":"questions and become a part of"},{"speaker":"Average Joe Finances","startTime":32.16,"endTime":35.7,"body":"the team. All of our other"},{"speaker":"Average Joe Finances","startTime":35.7,"endTime":38.82,"body":"social media accounts are listed"},{"speaker":"Average Joe Finances","startTime":35.7,"endTime":38.82,"body":"in our flow page and we have"},{"speaker":"Average Joe Finances","startTime":38.82,"endTime":42.03,"body":"them in a video or podcast"},{"speaker":"Average Joe Finances","startTime":38.82,"endTime":42.03,"body":"description below"},{"speaker":"Brandon Magierowski","startTime":42.06,"endTime":43.92,"body":"Just like"},{"speaker":"Brandon Magierowski","startTime":42.06,"endTime":43.92,"body":"anything successful anytime you"},{"speaker":"Brandon Magierowski","startTime":43.92,"endTime":47.13,"body":"want to make a living and good"},{"speaker":"Brandon Magierowski","startTime":43.92,"endTime":47.13,"body":"money and build a business is"},{"speaker":"Brandon Magierowski","startTime":47.13,"endTime":49.92,"body":"that it's just brick by brick"},{"speaker":"Brandon Magierowski","startTime":47.13,"endTime":49.92,"body":"you know there's no there's no"},{"speaker":"Brandon Magierowski","startTime":49.92,"endTime":53.82,"body":"Fast Track unless you come"},{"speaker":"Brandon Magierowski","startTime":49.92,"endTime":53.82,"body":"across and win a massive amount"},{"speaker":"Brandon Magierowski","startTime":53.82,"endTime":55.92,"body":"of money and put it to work but"},{"speaker":"Brandon Magierowski","startTime":53.82,"endTime":55.92,"body":"there's no Fast Track it's"},{"speaker":"Brandon Magierowski","startTime":55.92,"endTime":58.86,"body":"building relationships. It's"},{"speaker":"Brandon Magierowski","startTime":55.92,"endTime":58.86,"body":"finding the right team and just"},{"speaker":"Brandon Magierowski","startTime":58.95,"endTime":61.44,"body":"we you know, we have a saying"},{"speaker":"Brandon Magierowski","startTime":58.95,"endTime":61.44,"body":"within our group which is move"},{"speaker":"Brandon Magierowski","startTime":61.44,"endTime":62.43,"body":"the needle every day."},{"speaker":"Average Joe Finances","startTime":63.84,"endTime":66.39,"body":"Welcome to"},{"speaker":"Average Joe Finances","startTime":63.84,"endTime":66.39,"body":"the Average Joe Finances"},{"speaker":"Average Joe Finances","startTime":66.39,"endTime":70.92,"body":"podcast. Are you trying to get"},{"speaker":"Average Joe Finances","startTime":66.39,"endTime":70.92,"body":"out of debt, invest or just not"},{"speaker":"Average Joe Finances","startTime":70.92,"endTime":74.13,"body":"sure where to start? Then this"},{"speaker":"Average Joe Finances","startTime":70.92,"endTime":74.13,"body":"is the place for you. We"},{"speaker":"Average Joe Finances","startTime":74.13,"endTime":77.37,"body":"discussed different ways to get"},{"speaker":"Average Joe Finances","startTime":74.13,"endTime":77.37,"body":"out of the rat race and build"},{"speaker":"Average Joe Finances","startTime":77.37,"endTime":81.72,"body":"your wealth. Join us on this"},{"speaker":"Average Joe Finances","startTime":77.37,"endTime":81.72,"body":"wild ride to financial freedom."},{"speaker":"Average Joe Finances","startTime":82.5,"endTime":85.65,"body":"What's going on everybody? So"},{"speaker":"Average Joe Finances","startTime":82.5,"endTime":85.65,"body":"today's guest is Brandon Mega"},{"speaker":"Average Joe Finances","startTime":85.65,"endTime":89.43,"body":"loski and he's a native of"},{"speaker":"Average Joe Finances","startTime":85.65,"endTime":89.43,"body":"Lethbridge, Alberta, Canada, he"},{"speaker":"Average Joe Finances","startTime":89.43,"endTime":92.97,"body":"came to Shreveport Louisiana"},{"speaker":"Average Joe Finances","startTime":89.43,"endTime":92.97,"body":"back in 2004 to join the LSU"},{"speaker":"Average Joe Finances","startTime":92.97,"endTime":96.42,"body":"Shreveport pilots baseball"},{"speaker":"Average Joe Finances","startTime":92.97,"endTime":96.42,"body":"program. After three years with"},{"speaker":"Average Joe Finances","startTime":96.42,"endTime":99.21,"body":"the pilot, Brandon graduated"},{"speaker":"Average Joe Finances","startTime":96.42,"endTime":99.21,"body":"with a bachelor's degree in"},{"speaker":"Average Joe Finances","startTime":99.21,"endTime":103.2,"body":"general business administration."},{"speaker":"Average Joe Finances","startTime":99.21,"endTime":103.2,"body":"In 2008, Brandon joined the"},{"speaker":"Average Joe Finances","startTime":103.2,"endTime":106.41,"body":"prairie baseball Academy. It's a"},{"speaker":"Average Joe Finances","startTime":103.2,"endTime":106.41,"body":"junior college as an assistant"},{"speaker":"Average Joe Finances","startTime":106.41,"endTime":111.03,"body":"coach before returning to the"},{"speaker":"Average Joe Finances","startTime":106.41,"endTime":111.03,"body":"LSU baseball program in 2010. As"},{"speaker":"Average Joe Finances","startTime":111.03,"endTime":114.0,"body":"the graduate assistant coach"},{"speaker":"Average Joe Finances","startTime":111.03,"endTime":114.0,"body":"Brandon's coaching position with"},{"speaker":"Average Joe Finances","startTime":114.0,"endTime":117.54,"body":"the pilots ended in 2011, after"},{"speaker":"Average Joe Finances","startTime":114.0,"endTime":117.54,"body":"Brandon graduated with his"},{"speaker":"Average Joe Finances","startTime":117.54,"endTime":120.99,"body":"master's degree in business"},{"speaker":"Average Joe Finances","startTime":117.54,"endTime":120.99,"body":"administration. In the spring of"},{"speaker":"Average Joe Finances","startTime":120.99,"endTime":124.11,"body":"2013, Brandon turned his"},{"speaker":"Average Joe Finances","startTime":120.99,"endTime":124.11,"body":"attention to hosting baseball"},{"speaker":"Average Joe Finances","startTime":124.11,"endTime":126.96,"body":"tournaments in the deep south"},{"speaker":"Average Joe Finances","startTime":124.11,"endTime":126.96,"body":"region to provide players a"},{"speaker":"Average Joe Finances","startTime":126.96,"endTime":130.77,"body":"better opportunity for exposure"},{"speaker":"Average Joe Finances","startTime":126.96,"endTime":130.77,"body":"to next level recruiters. In"},{"speaker":"Average Joe Finances","startTime":130.77,"endTime":135.15,"body":"2014. Brandon aided in the"},{"speaker":"Average Joe Finances","startTime":130.77,"endTime":135.15,"body":"creation of diamond dynasty 2d"},{"speaker":"Average Joe Finances","startTime":135.15,"endTime":139.44,"body":"sports. since inception, the"},{"speaker":"Average Joe Finances","startTime":135.15,"endTime":139.44,"body":"company has grown over 25% year"},{"speaker":"Average Joe Finances","startTime":139.44,"endTime":143.76,"body":"after year, and now hosts over"},{"speaker":"Average Joe Finances","startTime":139.44,"endTime":143.76,"body":"100 events per year. Brandon is"},{"speaker":"Average Joe Finances","startTime":143.76,"endTime":147.6,"body":"an active partner in real focus"},{"speaker":"Average Joe Finances","startTime":143.76,"endTime":147.6,"body":"capital investments, a co host"},{"speaker":"Average Joe Finances","startTime":147.6,"endTime":151.02,"body":"of the gorilla estate podcast,"},{"speaker":"Average Joe Finances","startTime":147.6,"endTime":151.02,"body":"and currently owns several"},{"speaker":"Average Joe Finances","startTime":151.02,"endTime":154.08,"body":"multifamily properties in"},{"speaker":"Average Joe Finances","startTime":151.02,"endTime":154.08,"body":"Louisiana. He is a graduate of"},{"speaker":"Average Joe Finances","startTime":154.08,"endTime":157.35,"body":"the multifamily University, a"},{"speaker":"Average Joe Finances","startTime":154.08,"endTime":157.35,"body":"member of multifamily University"},{"speaker":"Average Joe Finances","startTime":157.35,"endTime":161.13,"body":"investor group, and leads the"},{"speaker":"Average Joe Finances","startTime":157.35,"endTime":161.13,"body":"multifamily mastermind 318"},{"speaker":"Average Joe Finances","startTime":161.13,"endTime":165.48,"body":"Meetup group in North Louisiana."},{"speaker":"Average Joe Finances","startTime":161.13,"endTime":165.48,"body":"So Brandon, absolutely awesome"},{"speaker":"Average Joe Finances","startTime":165.48,"endTime":168.33,"body":"background. Thanks for coming on"},{"speaker":"Average Joe Finances","startTime":165.48,"endTime":168.33,"body":"the show today. Thanks, Mike."},{"speaker":"Average Joe Finances","startTime":168.36,"endTime":171.9,"body":"Happy to be here. All right,"},{"speaker":"Average Joe Finances","startTime":168.36,"endTime":171.9,"body":"awesome. So the first thing I'd"},{"speaker":"Average Joe Finances","startTime":171.9,"endTime":174.93,"body":"like to talk about, or I guess,"},{"speaker":"Average Joe Finances","startTime":171.9,"endTime":174.93,"body":"elaborate a little more on is"},{"speaker":"Average Joe Finances","startTime":174.93,"endTime":177.0,"body":"your background. And this is the"},{"speaker":"Average Joe Finances","startTime":174.93,"endTime":177.0,"body":"way I like to start every"},{"speaker":"Average Joe Finances","startTime":177.0,"endTime":180.69,"body":"podcast episode. So if you"},{"speaker":"Average Joe Finances","startTime":177.0,"endTime":180.69,"body":"could, you know, besides the bio"},{"speaker":"Average Joe Finances","startTime":180.69,"endTime":182.46,"body":"that I just gave, can you share"},{"speaker":"Average Joe Finances","startTime":180.69,"endTime":182.46,"body":"a little bit more about"},{"speaker":"Average Joe Finances","startTime":182.46,"endTime":185.16,"body":"yourself? And how did this all"},{"speaker":"Average Joe Finances","startTime":182.46,"endTime":185.16,"body":"get started for you? What's your"},{"speaker":"Average Joe Finances","startTime":185.16,"endTime":185.67,"body":"story?"},{"speaker":"Brandon Magierowski","startTime":185.79,"endTime":188.85,"body":"Yeah, so"},{"speaker":"Brandon Magierowski","startTime":185.79,"endTime":188.85,"body":"back in 2004, I was playing"},{"speaker":"Brandon Magierowski","startTime":188.85,"endTime":191.97,"body":"junior college baseball up in"},{"speaker":"Brandon Magierowski","startTime":188.85,"endTime":191.97,"body":"Canada and I was my dream was to"},{"speaker":"Brandon Magierowski","startTime":191.97,"endTime":196.17,"body":"come down to the states to play"},{"speaker":"Brandon Magierowski","startTime":191.97,"endTime":196.17,"body":"college baseball, and I was"},{"speaker":"Brandon Magierowski","startTime":196.17,"endTime":200.64,"body":"lucky to get recruited down to"},{"speaker":"Brandon Magierowski","startTime":196.17,"endTime":200.64,"body":"LSU Shreveport, and played three"},{"speaker":"Brandon Magierowski","startTime":200.64,"endTime":204.9,"body":"years at LSU Shreveport. In that"},{"speaker":"Brandon Magierowski","startTime":200.64,"endTime":204.9,"body":"process I met What is my wife"},{"speaker":"Brandon Magierowski","startTime":204.9,"endTime":208.14,"body":"now, we moved back to Canada for"},{"speaker":"Brandon Magierowski","startTime":204.9,"endTime":208.14,"body":"a couple years. And then I got"},{"speaker":"Brandon Magierowski","startTime":208.14,"endTime":211.32,"body":"offered the Graduate Assistant"},{"speaker":"Brandon Magierowski","startTime":208.14,"endTime":211.32,"body":"job to come back and coach at my"},{"speaker":"Brandon Magierowski","startTime":211.32,"endTime":215.97,"body":"alma mater, LSU Shreveport. And"},{"speaker":"Brandon Magierowski","startTime":211.32,"endTime":215.97,"body":"the nice thing about that when"},{"speaker":"Brandon Magierowski","startTime":215.97,"endTime":218.61,"body":"you come back as they pay for"},{"speaker":"Brandon Magierowski","startTime":215.97,"endTime":218.61,"body":"your master's degree, so I was"},{"speaker":"Brandon Magierowski","startTime":218.61,"endTime":222.06,"body":"coaching college baseball, which"},{"speaker":"Brandon Magierowski","startTime":218.61,"endTime":222.06,"body":"was my passion. And alongside"},{"speaker":"Brandon Magierowski","startTime":222.06,"endTime":226.17,"body":"that I was getting a free"},{"speaker":"Brandon Magierowski","startTime":222.06,"endTime":226.17,"body":"education. Two years after that,"},{"speaker":"Brandon Magierowski","startTime":226.2,"endTime":229.02,"body":"after I completed my graduate"},{"speaker":"Brandon Magierowski","startTime":226.2,"endTime":229.02,"body":"assistant, I graduated with a"},{"speaker":"Brandon Magierowski","startTime":229.02,"endTime":232.5,"body":"master's degree. And at that"},{"speaker":"Brandon Magierowski","startTime":229.02,"endTime":232.5,"body":"point, I kind of knew that maybe"},{"speaker":"Brandon Magierowski","startTime":232.5,"endTime":235.41,"body":"college baseball, the coaching"},{"speaker":"Brandon Magierowski","startTime":232.5,"endTime":235.41,"body":"of college baseball was not the"},{"speaker":"Brandon Magierowski","startTime":235.41,"endTime":239.82,"body":"route I wanted to take. I wanted"},{"speaker":"Brandon Magierowski","startTime":235.41,"endTime":239.82,"body":"to have an opportunity to"},{"speaker":"Brandon Magierowski","startTime":239.82,"endTime":243.69,"body":"provide more for my family. I"},{"speaker":"Brandon Magierowski","startTime":239.82,"endTime":243.69,"body":"have a huge entrepreneur. I"},{"speaker":"Brandon Magierowski","startTime":243.69,"endTime":246.84,"body":"think I thought I could start a"},{"speaker":"Brandon Magierowski","startTime":243.69,"endTime":246.84,"body":"business and really provide more"},{"speaker":"Brandon Magierowski","startTime":246.84,"endTime":249.81,"body":"for my family, year after year"},{"speaker":"Brandon Magierowski","startTime":246.84,"endTime":249.81,"body":"after year, then what college"},{"speaker":"Brandon Magierowski","startTime":249.81,"endTime":254.61,"body":"coaching would give me. So I"},{"speaker":"Brandon Magierowski","startTime":249.81,"endTime":254.61,"body":"started I met a guy in Louisiana"},{"speaker":"Brandon Magierowski","startTime":254.61,"endTime":257.07,"body":"who was running baseball"},{"speaker":"Brandon Magierowski","startTime":254.61,"endTime":257.07,"body":"tournaments, high school"},{"speaker":"Brandon Magierowski","startTime":257.07,"endTime":259.2,"body":"baseball tournament, Louisiana"},{"speaker":"Brandon Magierowski","startTime":257.07,"endTime":259.2,"body":"is running about two or three of"},{"speaker":"Brandon Magierowski","startTime":259.2,"endTime":261.51,"body":"them and I said, you know, I'd"},{"speaker":"Brandon Magierowski","startTime":259.2,"endTime":261.51,"body":"like to help you with those"},{"speaker":"Brandon Magierowski","startTime":261.51,"endTime":264.54,"body":"tournaments. Long story short,"},{"speaker":"Brandon Magierowski","startTime":261.51,"endTime":264.54,"body":"we went from running three"},{"speaker":"Brandon Magierowski","startTime":264.54,"endTime":270.03,"body":"tournament seven years to go to"},{"speaker":"Brandon Magierowski","startTime":264.54,"endTime":270.03,"body":"over 150 per year. To date. I'm"},{"speaker":"Brandon Magierowski","startTime":270.03,"endTime":272.28,"body":"actually like you said I'm in a"},{"speaker":"Brandon Magierowski","startTime":270.03,"endTime":272.28,"body":"hotel room right now in Memphis,"},{"speaker":"Brandon Magierowski","startTime":272.28,"endTime":275.91,"body":"Tennessee. We have over 250"},{"speaker":"Brandon Magierowski","startTime":272.28,"endTime":275.91,"body":"teams coming to play with us"},{"speaker":"Brandon Magierowski","startTime":275.91,"endTime":279.18,"body":"this coming weekend across the"},{"speaker":"Brandon Magierowski","startTime":275.91,"endTime":279.18,"body":"southeast, and we are in the"},{"speaker":"Brandon Magierowski","startTime":279.18,"endTime":285.15,"body":"heart of our baseball season."},{"speaker":"Brandon Magierowski","startTime":279.18,"endTime":285.15,"body":"Along that route in baseball. I"},{"speaker":"Brandon Magierowski","startTime":285.15,"endTime":288.48,"body":"met Randy Blankenship who is now"},{"speaker":"Brandon Magierowski","startTime":285.15,"endTime":288.48,"body":"my partner with real focus"},{"speaker":"Brandon Magierowski","startTime":288.48,"endTime":293.88,"body":"capital. We invest in apartment"},{"speaker":"Brandon Magierowski","startTime":288.48,"endTime":293.88,"body":"complexes, mainly on the I 10"},{"speaker":"Brandon Magierowski","startTime":293.88,"endTime":297.57,"body":"corridor between mobile and"},{"speaker":"Brandon Magierowski","startTime":293.88,"endTime":297.57,"body":"Jacksonville, Florida. how I got"},{"speaker":"Brandon Magierowski","startTime":297.57,"endTime":300.27,"body":"into real estate Ramsey and I"},{"speaker":"Brandon Magierowski","startTime":297.57,"endTime":300.27,"body":"were doing big Baseball"},{"speaker":"Brandon Magierowski","startTime":300.27,"endTime":303.81,"body":"tournaments together and Ramsey"},{"speaker":"Brandon Magierowski","startTime":300.27,"endTime":303.81,"body":"was bragging about, you know how"},{"speaker":"Brandon Magierowski","startTime":303.81,"endTime":306.54,"body":"great he was at real estate and"},{"speaker":"Brandon Magierowski","startTime":303.81,"endTime":306.54,"body":"Panama City and all these"},{"speaker":"Brandon Magierowski","startTime":306.54,"endTime":309.18,"body":"properties he had and all this"},{"speaker":"Brandon Magierowski","startTime":306.54,"endTime":309.18,"body":"cash flow that was coming in."},{"speaker":"Brandon Magierowski","startTime":309.18,"endTime":312.33,"body":"And I was just like, I just kept"},{"speaker":"Brandon Magierowski","startTime":309.18,"endTime":312.33,"body":"listening to it and listening to"},{"speaker":"Brandon Magierowski","startTime":312.33,"endTime":315.69,"body":"it. I was fine. Like, how the"},{"speaker":"Brandon Magierowski","startTime":312.33,"endTime":315.69,"body":"hell are you doing this? Like, I"},{"speaker":"Brandon Magierowski","startTime":315.69,"endTime":318.27,"body":"love real estate. I've made some"},{"speaker":"Brandon Magierowski","startTime":315.69,"endTime":318.27,"body":"money off my residential houses"},{"speaker":"Brandon Magierowski","startTime":318.27,"endTime":321.78,"body":"on accident. But how are you"},{"speaker":"Brandon Magierowski","startTime":318.27,"endTime":321.78,"body":"buying these properties and"},{"speaker":"Brandon Magierowski","startTime":321.78,"endTime":324.69,"body":"renovating them and creating"},{"speaker":"Brandon Magierowski","startTime":321.78,"endTime":324.69,"body":"this cash flow and this mailbox"},{"speaker":"Brandon Magierowski","startTime":324.69,"endTime":327.69,"body":"money that everybody talks"},{"speaker":"Brandon Magierowski","startTime":324.69,"endTime":327.69,"body":"about? And he started to kind of"},{"speaker":"Brandon Magierowski","startTime":327.69,"endTime":331.44,"body":"teach me little by little each"},{"speaker":"Brandon Magierowski","startTime":327.69,"endTime":331.44,"body":"year about how he was doing it."},{"speaker":"Brandon Magierowski","startTime":331.86,"endTime":334.74,"body":"He gave me a couple books to"},{"speaker":"Brandon Magierowski","startTime":331.86,"endTime":334.74,"body":"read, you know, the Rich Dad,"},{"speaker":"Brandon Magierowski","startTime":334.74,"endTime":337.47,"body":"Poor Dad, a couple other"},{"speaker":"Brandon Magierowski","startTime":334.74,"endTime":337.47,"body":"investing books. I read him I"},{"speaker":"Brandon Magierowski","startTime":337.47,"endTime":339.45,"body":"said, Okay, I want to do this."},{"speaker":"Brandon Magierowski","startTime":337.47,"endTime":339.45,"body":"This is what I want to do."},{"speaker":"Brandon Magierowski","startTime":339.45,"endTime":343.38,"body":"Ramsey, I love the baseball, the"},{"speaker":"Brandon Magierowski","startTime":339.45,"endTime":343.38,"body":"baseball business we have going"},{"speaker":"Brandon Magierowski","startTime":343.38,"endTime":346.74,"body":"on, but I can do this on the"},{"speaker":"Brandon Magierowski","startTime":343.38,"endTime":346.74,"body":"side. This would be a great side"},{"speaker":"Brandon Magierowski","startTime":346.74,"endTime":349.89,"body":"hustle for me to get a couple of"},{"speaker":"Brandon Magierowski","startTime":346.74,"endTime":349.89,"body":"properties and have some cash"},{"speaker":"Brandon Magierowski","startTime":349.89,"endTime":353.01,"body":"flow and get my foot in the door"},{"speaker":"Brandon Magierowski","startTime":349.89,"endTime":353.01,"body":"in real estate. So he said, All"},{"speaker":"Brandon Magierowski","startTime":353.01,"endTime":356.52,"body":"right, where do you live"},{"speaker":"Brandon Magierowski","startTime":353.01,"endTime":356.52,"body":"wherever you live, you probably"},{"speaker":"Brandon Magierowski","startTime":356.52,"endTime":359.58,"body":"should buy your first property"},{"speaker":"Brandon Magierowski","startTime":356.52,"endTime":359.58,"body":"where you live. Fast forward"},{"speaker":"Brandon Magierowski","startTime":359.58,"endTime":362.55,"body":"four years I was a huge mistake."},{"speaker":"Brandon Magierowski","startTime":359.58,"endTime":362.55,"body":"But I'd love to get into the"},{"speaker":"Brandon Magierowski","startTime":362.55,"endTime":367.05,"body":"weeds on that. So we bought a"},{"speaker":"Brandon Magierowski","startTime":362.55,"endTime":367.05,"body":"six unit apartment complex and a"},{"speaker":"Brandon Magierowski","startTime":367.29,"endTime":370.53,"body":"triplex a three unit in"},{"speaker":"Brandon Magierowski","startTime":367.29,"endTime":370.53,"body":"Shreveport, Louisiana. That was"},{"speaker":"Brandon Magierowski","startTime":370.53,"endTime":371.43,"body":"four years ago."},{"speaker":"Brandon Magierowski","startTime":372.6,"endTime":376.08,"body":"I self managing properties for"},{"speaker":"Brandon Magierowski","startTime":372.6,"endTime":376.08,"body":"about a year. And then I ended"},{"speaker":"Brandon Magierowski","startTime":376.08,"endTime":378.72,"body":"up having another kid and we"},{"speaker":"Brandon Magierowski","startTime":376.08,"endTime":378.72,"body":"turn the property the properties"},{"speaker":"Brandon Magierowski","startTime":378.72,"endTime":381.27,"body":"over to a property management"},{"speaker":"Brandon Magierowski","startTime":378.72,"endTime":381.27,"body":"group. We still hold those"},{"speaker":"Brandon Magierowski","startTime":381.27,"endTime":385.8,"body":"properties today. But the whole"},{"speaker":"Brandon Magierowski","startTime":381.27,"endTime":385.8,"body":"deal was it was going to be a"},{"speaker":"Brandon Magierowski","startTime":385.8,"endTime":389.73,"body":"5050 split with Ramsey but I was"},{"speaker":"Brandon Magierowski","startTime":385.8,"endTime":389.73,"body":"going to do the property in my"},{"speaker":"Brandon Magierowski","startTime":389.73,"endTime":393.57,"body":"backyard. So I did all the work"},{"speaker":"Brandon Magierowski","startTime":389.73,"endTime":393.57,"body":"on the properties negotiated the"},{"speaker":"Brandon Magierowski","startTime":393.57,"endTime":396.48,"body":"deal did the property management"},{"speaker":"Brandon Magierowski","startTime":393.57,"endTime":396.48,"body":"panel Property Group. And along"},{"speaker":"Brandon Magierowski","startTime":396.48,"endTime":399.33,"body":"the way, Ramsey was just giving"},{"speaker":"Brandon Magierowski","startTime":396.48,"endTime":399.33,"body":"me little nuggets of information"},{"speaker":"Brandon Magierowski","startTime":399.75,"endTime":405.69,"body":"on how to do that properly. So"},{"speaker":"Brandon Magierowski","startTime":399.75,"endTime":405.69,"body":"that was four years ago, you"},{"speaker":"Brandon Magierowski","startTime":405.69,"endTime":410.07,"body":"know about three years into"},{"speaker":"Brandon Magierowski","startTime":405.69,"endTime":410.07,"body":"owning those properties. We they"},{"speaker":"Brandon Magierowski","startTime":410.07,"endTime":414.84,"body":"were not performing like they"},{"speaker":"Brandon Magierowski","startTime":410.07,"endTime":414.84,"body":"underwrote so we underwrote them"},{"speaker":"Brandon Magierowski","startTime":414.84,"endTime":417.9,"body":"to perform and probably cashflow"},{"speaker":"Brandon Magierowski","startTime":414.84,"endTime":417.9,"body":"about five 600 bucks a month."},{"speaker":"Brandon Magierowski","startTime":417.9,"endTime":420.84,"body":"But that wasn't happening. They"},{"speaker":"Brandon Magierowski","startTime":417.9,"endTime":420.84,"body":"were breaking even sometimes we"},{"speaker":"Brandon Magierowski","startTime":420.84,"endTime":424.8,"body":"were losing money each month. So"},{"speaker":"Brandon Magierowski","startTime":420.84,"endTime":424.8,"body":"we said you know what did we do"},{"speaker":"Brandon Magierowski","startTime":424.8,"endTime":428.04,"body":"wrong? Because Ramsay's"},{"speaker":"Brandon Magierowski","startTime":424.8,"endTime":428.04,"body":"properties in Panama City were"},{"speaker":"Brandon Magierowski","startTime":428.46,"endTime":431.76,"body":"cash flowing like crazy. And he"},{"speaker":"Brandon Magierowski","startTime":428.46,"endTime":431.76,"body":"used the exact same formula. He"},{"speaker":"Brandon Magierowski","startTime":431.76,"endTime":434.82,"body":"gave me the underwriting. He"},{"speaker":"Brandon Magierowski","startTime":431.76,"endTime":434.82,"body":"gave me his criteria. We bought"},{"speaker":"Brandon Magierowski","startTime":434.82,"endTime":438.96,"body":"the properties in Shreveport. It"},{"speaker":"Brandon Magierowski","startTime":434.82,"endTime":438.96,"body":"was the same. It was the same"},{"speaker":"Brandon Magierowski","startTime":438.96,"endTime":442.38,"body":"deal. Cookie cut it from Panama"},{"speaker":"Brandon Magierowski","startTime":438.96,"endTime":442.38,"body":"City, put it in Shreveport, they"},{"speaker":"Brandon Magierowski","startTime":442.38,"endTime":446.46,"body":"should cash flow. Well, what we"},{"speaker":"Brandon Magierowski","startTime":442.38,"endTime":446.46,"body":"made the mistake was we didn't"},{"speaker":"Brandon Magierowski","startTime":446.49,"endTime":451.17,"body":"do, we didn't know how to do the"},{"speaker":"Brandon Magierowski","startTime":446.49,"endTime":451.17,"body":"proper market research to make"},{"speaker":"Brandon Magierowski","startTime":451.17,"endTime":454.71,"body":"sure that Shreveport was a"},{"speaker":"Brandon Magierowski","startTime":451.17,"endTime":454.71,"body":"viable market to invest in,"},{"speaker":"Brandon Magierowski","startTime":454.8,"endTime":458.04,"body":"especially when you're doing"},{"speaker":"Brandon Magierowski","startTime":454.8,"endTime":458.04,"body":"larger three unit and six unit"},{"speaker":"Brandon Magierowski","startTime":458.4,"endTime":463.59,"body":"complexes. And then we saw a guy"},{"speaker":"Brandon Magierowski","startTime":458.4,"endTime":463.59,"body":"on YouTube named Neil Bauer and"},{"speaker":"Brandon Magierowski","startTime":463.59,"endTime":468.9,"body":"Neil bow is doing a presentation"},{"speaker":"Brandon Magierowski","startTime":463.59,"endTime":468.9,"body":"on market research, how to use"},{"speaker":"Brandon Magierowski","startTime":468.9,"endTime":472.68,"body":"data from the internet free data"},{"speaker":"Brandon Magierowski","startTime":468.9,"endTime":472.68,"body":"to find the best markets to"},{"speaker":"Brandon Magierowski","startTime":472.68,"endTime":476.37,"body":"invest in. And in this"},{"speaker":"Brandon Magierowski","startTime":472.68,"endTime":476.37,"body":"presentation about 45 minutes in"},{"speaker":"Brandon Magierowski","startTime":476.43,"endTime":479.4,"body":"he started going through the"},{"speaker":"Brandon Magierowski","startTime":476.43,"endTime":479.4,"body":"list that he compiled of cities"},{"speaker":"Brandon Magierowski","startTime":479.4,"endTime":483.57,"body":"throughout the United States"},{"speaker":"Brandon Magierowski","startTime":479.4,"endTime":483.57,"body":"using the data and guess what"},{"speaker":"Brandon Magierowski","startTime":483.57,"endTime":488.52,"body":"city landed as the worst city to"},{"speaker":"Brandon Magierowski","startTime":483.57,"endTime":488.52,"body":"invest in in multifamily. Whoo,"},{"speaker":"Brandon Magierowski","startTime":488.55,"endTime":492.99,"body":"maybe Shreveport, Shreveport."},{"speaker":"Brandon Magierowski","startTime":488.55,"endTime":492.99,"body":"And Ramsey and I looked at each"},{"speaker":"Brandon Magierowski","startTime":492.99,"endTime":497.1,"body":"other and said, we're going to"},{"speaker":"Brandon Magierowski","startTime":492.99,"endTime":497.1,"body":"this guy's conference. So we"},{"speaker":"Brandon Magierowski","startTime":497.1,"endTime":499.56,"body":"went to his boot camp in San"},{"speaker":"Brandon Magierowski","startTime":497.1,"endTime":499.56,"body":"Diego, California, a year and a"},{"speaker":"Brandon Magierowski","startTime":499.56,"endTime":503.76,"body":"half ago, we spent Where's"},{"speaker":"Brandon Magierowski","startTime":499.56,"endTime":503.76,"body":"probably two grand each 2500"},{"speaker":"Brandon Magierowski","startTime":503.76,"endTime":506.79,"body":"each, I can't remember. But it"},{"speaker":"Brandon Magierowski","startTime":503.76,"endTime":506.79,"body":"was two and a half days of"},{"speaker":"Brandon Magierowski","startTime":507.45,"endTime":511.17,"body":"really learning the ins and outs"},{"speaker":"Brandon Magierowski","startTime":507.45,"endTime":511.17,"body":"of syndicating apartments going"},{"speaker":"Brandon Magierowski","startTime":511.17,"endTime":514.32,"body":"after bigger properties pooling"},{"speaker":"Brandon Magierowski","startTime":511.17,"endTime":514.32,"body":"investor money together to buy"},{"speaker":"Brandon Magierowski","startTime":514.32,"endTime":518.79,"body":"these bigger assets. But mostly"},{"speaker":"Brandon Magierowski","startTime":514.32,"endTime":518.79,"body":"I wanted to learn, you know, why"},{"speaker":"Brandon Magierowski","startTime":518.79,"endTime":520.98,"body":"not Shreveport and why these"},{"speaker":"Brandon Magierowski","startTime":518.79,"endTime":520.98,"body":"other cities and how do you"},{"speaker":"Brandon Magierowski","startTime":520.98,"endTime":524.1,"body":"compete in these other cities."},{"speaker":"Brandon Magierowski","startTime":520.98,"endTime":524.1,"body":"So we walked out of that the"},{"speaker":"Brandon Magierowski","startTime":524.1,"endTime":527.43,"body":"lightbulb went off that weekend"},{"speaker":"Brandon Magierowski","startTime":524.1,"endTime":527.43,"body":"that syndicating apartments was"},{"speaker":"Brandon Magierowski","startTime":527.43,"endTime":531.45,"body":"what we wanted to do. So we"},{"speaker":"Brandon Magierowski","startTime":527.43,"endTime":531.45,"body":"started building our team. We"},{"speaker":"Brandon Magierowski","startTime":531.48,"endTime":535.56,"body":"grabbed a guy named Joey become"},{"speaker":"Brandon Magierowski","startTime":531.48,"endTime":535.56,"body":"out of Panama City, Joey's 15"},{"speaker":"Brandon Magierowski","startTime":535.56,"endTime":540.87,"body":"years in the Navy under project"},{"speaker":"Brandon Magierowski","startTime":535.56,"endTime":540.87,"body":"management. Then we just"},{"speaker":"Brandon Magierowski","startTime":540.87,"endTime":543.36,"body":"recently picked up another"},{"speaker":"Brandon Magierowski","startTime":540.87,"endTime":543.36,"body":"partner in Shreveport named"},{"speaker":"Brandon Magierowski","startTime":543.36,"endTime":547.8,"body":"Chris kunam. And Chris is a"},{"speaker":"Brandon Magierowski","startTime":543.36,"endTime":547.8,"body":"entrepreneur, he runs a home"},{"speaker":"Brandon Magierowski","startTime":547.8,"endTime":551.04,"body":"inspection company, but he's"},{"speaker":"Brandon Magierowski","startTime":547.8,"endTime":551.04,"body":"been an LP on six or seven"},{"speaker":"Brandon Magierowski","startTime":551.04,"endTime":555.54,"body":"deals. He went through the Brad"},{"speaker":"Brandon Magierowski","startTime":551.04,"endTime":555.54,"body":"some rock mentorship program out"},{"speaker":"Brandon Magierowski","startTime":555.54,"endTime":559.74,"body":"of Dallas. So he's got six or"},{"speaker":"Brandon Magierowski","startTime":555.54,"endTime":559.74,"body":"seven years experience. And"},{"speaker":"Brandon Magierowski","startTime":559.74,"endTime":563.97,"body":"since we built that team, we"},{"speaker":"Brandon Magierowski","startTime":559.74,"endTime":563.97,"body":"just recently closed on a 10"},{"speaker":"Brandon Magierowski","startTime":563.97,"endTime":567.69,"body":"unit deal in Panama City. We're"},{"speaker":"Brandon Magierowski","startTime":563.97,"endTime":567.69,"body":"closing on an eight unit hotel"},{"speaker":"Brandon Magierowski","startTime":567.69,"endTime":572.46,"body":"down in South Louisiana. And we"},{"speaker":"Brandon Magierowski","startTime":567.69,"endTime":572.46,"body":"just got brought in on a larger"},{"speaker":"Brandon Magierowski","startTime":572.46,"endTime":575.91,"body":"deal in Texas that really is"},{"speaker":"Brandon Magierowski","startTime":572.46,"endTime":575.91,"body":"just on the ground floor as of"},{"speaker":"Brandon Magierowski","startTime":575.91,"endTime":578.97,"body":"yesterday. So hopefully, by the"},{"speaker":"Brandon Magierowski","startTime":575.91,"endTime":578.97,"body":"time this podcast come out, we"},{"speaker":"Brandon Magierowski","startTime":578.97,"endTime":582.27,"body":"can we can talk a little bit"},{"speaker":"Brandon Magierowski","startTime":578.97,"endTime":582.27,"body":"more about that deal. So that's"},{"speaker":"Brandon Magierowski","startTime":582.3,"endTime":585.03,"body":"a long winded but that's kind of"},{"speaker":"Brandon Magierowski","startTime":582.3,"endTime":585.03,"body":"the background of how I went"},{"speaker":"Brandon Magierowski","startTime":585.03,"endTime":588.12,"body":"through, you know, college"},{"speaker":"Brandon Magierowski","startTime":585.03,"endTime":588.12,"body":"baseball to coaching to building"},{"speaker":"Brandon Magierowski","startTime":588.12,"endTime":592.2,"body":"a baseball business meeting a"},{"speaker":"Brandon Magierowski","startTime":588.12,"endTime":592.2,"body":"partner, providing some sort of,"},{"speaker":"Brandon Magierowski","startTime":592.53,"endTime":594.99,"body":"you know, trying to ask for some"},{"speaker":"Brandon Magierowski","startTime":592.53,"endTime":594.99,"body":"mentorship from him buying the"},{"speaker":"Brandon Magierowski","startTime":594.99,"endTime":599.1,"body":"properties in Shreveport and"},{"speaker":"Brandon Magierowski","startTime":594.99,"endTime":599.1,"body":"learning the mistakes from our"},{"speaker":"Brandon Magierowski","startTime":599.1,"endTime":602.07,"body":"mistakes and treatment. And"},{"speaker":"Brandon Magierowski","startTime":599.1,"endTime":602.07,"body":"fixing them building a team on"},{"speaker":"Brandon Magierowski","startTime":602.07,"endTime":604.83,"body":"the syndication side. And here"},{"speaker":"Brandon Magierowski","startTime":602.07,"endTime":604.83,"body":"we are today."},{"speaker":"Average Joe Finances","startTime":605.19,"endTime":607.38,"body":"Right on"},{"speaker":"Average Joe Finances","startTime":605.19,"endTime":607.38,"body":"man, what a story what a way to"},{"speaker":"Average Joe Finances","startTime":607.38,"endTime":611.4,"body":"get started. So, so you guys"},{"speaker":"Average Joe Finances","startTime":607.38,"endTime":611.4,"body":"met? It was at a baseball"},{"speaker":"Average Joe Finances","startTime":611.4,"endTime":612.15,"body":"tournament, right?"},{"speaker":"Brandon Magierowski","startTime":612.45,"endTime":614.22,"body":"Yeah, he's"},{"speaker":"Brandon Magierowski","startTime":612.45,"endTime":614.22,"body":"a partner in the baseball"},{"speaker":"Brandon Magierowski","startTime":614.22,"endTime":616.59,"body":"business. So there's five"},{"speaker":"Brandon Magierowski","startTime":614.22,"endTime":616.59,"body":"partners in the baseball"},{"speaker":"Brandon Magierowski","startTime":616.59,"endTime":620.49,"body":"business, he was one of them."},{"speaker":"Brandon Magierowski","startTime":616.59,"endTime":620.49,"body":"His brother is a big baseball"},{"speaker":"Brandon Magierowski","startTime":620.49,"endTime":622.95,"body":"guy. And that's why me and his"},{"speaker":"Brandon Magierowski","startTime":620.49,"endTime":622.95,"body":"brother kind of started the"},{"speaker":"Brandon Magierowski","startTime":622.95,"endTime":626.61,"body":"company together. And Ramsey was"},{"speaker":"Brandon Magierowski","startTime":622.95,"endTime":626.61,"body":"a really, really good business"},{"speaker":"Brandon Magierowski","startTime":626.61,"endTime":630.48,"body":"mind because of his experience"},{"speaker":"Brandon Magierowski","startTime":626.61,"endTime":630.48,"body":"in the Navy. So he was brought"},{"speaker":"Brandon Magierowski","startTime":630.48,"endTime":633.72,"body":"on board. And we just met"},{"speaker":"Brandon Magierowski","startTime":630.48,"endTime":633.72,"body":"through tournaments, run them"},{"speaker":"Brandon Magierowski","startTime":633.72,"endTime":637.17,"body":"together and kind of hit it off"},{"speaker":"Brandon Magierowski","startTime":633.72,"endTime":637.17,"body":"with which is kind of like"},{"speaker":"Brandon Magierowski","startTime":637.17,"endTime":641.7,"body":"minded like hearted, have fun"},{"speaker":"Brandon Magierowski","startTime":637.17,"endTime":641.7,"body":"together. But we kind of know"},{"speaker":"Brandon Magierowski","startTime":641.7,"endTime":645.66,"body":"that real estate is our end"},{"speaker":"Brandon Magierowski","startTime":641.7,"endTime":645.66,"body":"game. This is this is what we"},{"speaker":"Brandon Magierowski","startTime":645.66,"endTime":649.29,"body":"want to do, because he's got"},{"speaker":"Brandon Magierowski","startTime":645.66,"endTime":649.29,"body":"about six years left in the Navy"},{"speaker":"Brandon Magierowski","startTime":650.01,"endTime":654.51,"body":"could be five when he retires,"},{"speaker":"Brandon Magierowski","startTime":650.01,"endTime":654.51,"body":"and he wants to go full time as"},{"speaker":"Brandon Magierowski","startTime":654.51,"endTime":657.42,"body":"a an apartment syndicator. So"},{"speaker":"Brandon Magierowski","startTime":654.51,"endTime":657.42,"body":"we're just building the blocks"},{"speaker":"Brandon Magierowski","startTime":657.42,"endTime":661.26,"body":"right now over the next five"},{"speaker":"Brandon Magierowski","startTime":657.42,"endTime":661.26,"body":"years to gain momentum so that"},{"speaker":"Brandon Magierowski","startTime":661.26,"endTime":664.71,"body":"when he does retire, we hit the"},{"speaker":"Brandon Magierowski","startTime":661.26,"endTime":664.71,"body":"ground running. Yeah, yeah, for"},{"speaker":"Brandon Magierowski","startTime":664.71,"endTime":665.1,"body":"sure."},{"speaker":"Average Joe Finances","startTime":665.37,"endTime":667.05,"body":"I'm doing"},{"speaker":"Average Joe Finances","startTime":665.37,"endTime":667.05,"body":"something very similar right"},{"speaker":"Average Joe Finances","startTime":667.05,"endTime":670.11,"body":"now. You know, prepping for my"},{"speaker":"Average Joe Finances","startTime":667.05,"endTime":670.11,"body":"retirement from the Navy here"},{"speaker":"Average Joe Finances","startTime":670.11,"endTime":675.15,"body":"shortly myself. So. So when when"},{"speaker":"Average Joe Finances","startTime":670.11,"endTime":675.15,"body":"you approached Ramsey, like, how"},{"speaker":"Average Joe Finances","startTime":675.15,"endTime":678.75,"body":"did that conversation go? How"},{"speaker":"Average Joe Finances","startTime":675.15,"endTime":678.75,"body":"did you initially so you heard"},{"speaker":"Average Joe Finances","startTime":678.75,"endTime":681.69,"body":"him talking about all this stuff"},{"speaker":"Average Joe Finances","startTime":678.75,"endTime":681.69,"body":"with real estate, it piqued your"},{"speaker":"Average Joe Finances","startTime":681.69,"endTime":686.37,"body":"interest? How did you approach"},{"speaker":"Average Joe Finances","startTime":681.69,"endTime":686.37,"body":"him to say, hey, I want I want"},{"speaker":"Average Joe Finances","startTime":686.37,"endTime":688.71,"body":"to join your team, or I want I"},{"speaker":"Average Joe Finances","startTime":686.37,"endTime":688.71,"body":"want to invest with you Like,"},{"speaker":"Average Joe Finances","startTime":688.71,"endTime":689.64,"body":"how did that go?"},{"speaker":"Brandon Magierowski","startTime":689.76,"endTime":692.13,"body":"Yeah, so"},{"speaker":"Brandon Magierowski","startTime":689.76,"endTime":692.13,"body":"like I said, he was, you know,"},{"speaker":"Brandon Magierowski","startTime":692.13,"endTime":695.13,"body":"bragging about his Panama City"},{"speaker":"Brandon Magierowski","startTime":692.13,"endTime":695.13,"body":"properties and real estate, he"},{"speaker":"Brandon Magierowski","startTime":695.13,"endTime":698.19,"body":"read a bunch of books when he"},{"speaker":"Brandon Magierowski","startTime":695.13,"endTime":698.19,"body":"was on deployment, and he loves"},{"speaker":"Brandon Magierowski","startTime":698.19,"endTime":701.19,"body":"real estate. And I read business"},{"speaker":"Brandon Magierowski","startTime":698.19,"endTime":701.19,"body":"books, too. And I was reading,"},{"speaker":"Brandon Magierowski","startTime":701.19,"endTime":703.77,"body":"you know, you know that all the"},{"speaker":"Brandon Magierowski","startTime":701.19,"endTime":703.77,"body":"millionaires in the world are in"},{"speaker":"Brandon Magierowski","startTime":703.77,"endTime":707.58,"body":"real estate, you know, mailbox"},{"speaker":"Brandon Magierowski","startTime":703.77,"endTime":707.58,"body":"money, cash flow, this that the"},{"speaker":"Brandon Magierowski","startTime":707.58,"endTime":710.97,"body":"other right now, all my eggs in"},{"speaker":"Brandon Magierowski","startTime":707.58,"endTime":710.97,"body":"one basket, it was the baseball"},{"speaker":"Brandon Magierowski","startTime":710.97,"endTime":713.82,"body":"business. So it was it was good."},{"speaker":"Brandon Magierowski","startTime":710.97,"endTime":713.82,"body":"It's going really well. We're"},{"speaker":"Brandon Magierowski","startTime":713.82,"endTime":718.59,"body":"growing 25% year after year,"},{"speaker":"Brandon Magierowski","startTime":713.82,"endTime":718.59,"body":"gaining events, gaining revenue,"},{"speaker":"Brandon Magierowski","startTime":718.65,"endTime":721.92,"body":"bringing on new employees, but"},{"speaker":"Brandon Magierowski","startTime":718.65,"endTime":721.92,"body":"you know, you have to diversify"},{"speaker":"Brandon Magierowski","startTime":721.92,"endTime":724.86,"body":"yourself on the business side as"},{"speaker":"Brandon Magierowski","startTime":721.92,"endTime":724.86,"body":"well, you've got to have side"},{"speaker":"Brandon Magierowski","startTime":724.86,"endTime":728.28,"body":"hustles in different branches to"},{"speaker":"Brandon Magierowski","startTime":724.86,"endTime":728.28,"body":"build off that tree. Because if"},{"speaker":"Brandon Magierowski","startTime":728.28,"endTime":731.55,"body":"the baseball business ever"},{"speaker":"Brandon Magierowski","startTime":728.28,"endTime":731.55,"body":"failed, I have nothing to fall"},{"speaker":"Brandon Magierowski","startTime":731.55,"endTime":734.1,"body":"back on. There's no income"},{"speaker":"Brandon Magierowski","startTime":731.55,"endTime":734.1,"body":"coming in. Now I got to get the"},{"speaker":"Brandon Magierowski","startTime":734.1,"endTime":736.89,"body":"nine to five job that I've"},{"speaker":"Brandon Magierowski","startTime":734.1,"endTime":736.89,"body":"dreaded for my entire life."},{"speaker":"Brandon Magierowski","startTime":737.25,"endTime":740.28,"body":"Don't want to do that. So I"},{"speaker":"Brandon Magierowski","startTime":737.25,"endTime":740.28,"body":"said, you know, I'm reading"},{"speaker":"Brandon Magierowski","startTime":740.28,"endTime":743.4,"body":"these books. Everyone's telling"},{"speaker":"Brandon Magierowski","startTime":740.28,"endTime":743.4,"body":"me to get into real estate. I"},{"speaker":"Brandon Magierowski","startTime":743.4,"endTime":745.98,"body":"don't know how but I've got a"},{"speaker":"Brandon Magierowski","startTime":743.4,"endTime":745.98,"body":"guy in front of me that does"},{"speaker":"Brandon Magierowski","startTime":745.98,"endTime":750.3,"body":"know how. And I was fortunate"},{"speaker":"Brandon Magierowski","startTime":745.98,"endTime":750.3,"body":"enough that Ramsey kind of took"},{"speaker":"Brandon Magierowski","startTime":750.3,"endTime":753.33,"body":"me under his wing and taught me"},{"speaker":"Brandon Magierowski","startTime":750.3,"endTime":753.33,"body":"that, you know, this is how you"},{"speaker":"Brandon Magierowski","startTime":753.33,"endTime":756.12,"body":"do it. We made some mistakes in"},{"speaker":"Brandon Magierowski","startTime":753.33,"endTime":756.12,"body":"Shreveport. But, uh, you know,"},{"speaker":"Brandon Magierowski","startTime":756.12,"endTime":758.67,"body":"Randy, and I chalked it up, as"},{"speaker":"Brandon Magierowski","startTime":756.12,"endTime":758.67,"body":"you know, the junior college"},{"speaker":"Brandon Magierowski","startTime":758.67,"endTime":762.0,"body":"education of investing is, yeah,"},{"speaker":"Brandon Magierowski","startTime":758.67,"endTime":762.0,"body":"not every deal is going to go"},{"speaker":"Brandon Magierowski","startTime":762.0,"endTime":766.77,"body":"perfect. We've learned a ton off"},{"speaker":"Brandon Magierowski","startTime":762.0,"endTime":766.77,"body":"of that deal. But again, I did"},{"speaker":"Brandon Magierowski","startTime":767.34,"endTime":771.12,"body":"everything for those deals,"},{"speaker":"Brandon Magierowski","startTime":767.34,"endTime":771.12,"body":"Ramsey basically just kind of"},{"speaker":"Brandon Magierowski","startTime":771.27,"endTime":774.03,"body":"steered the ship a little bit"},{"speaker":"Brandon Magierowski","startTime":771.27,"endTime":774.03,"body":"and gave me information and kind"},{"speaker":"Brandon Magierowski","startTime":774.03,"endTime":779.13,"body":"of let me go as a mentor, but he"},{"speaker":"Brandon Magierowski","startTime":774.03,"endTime":779.13,"body":"got 50% of that deal. When I was"},{"speaker":"Brandon Magierowski","startTime":779.13,"endTime":784.95,"body":"doing, you know, 80% of the work"},{"speaker":"Brandon Magierowski","startTime":779.13,"endTime":784.95,"body":"on site in my backyard. And"},{"speaker":"Brandon Magierowski","startTime":784.95,"endTime":788.1,"body":"that's kind of how, you know,"},{"speaker":"Brandon Magierowski","startTime":784.95,"endTime":788.1,"body":"kind of prove myself to Ramsey"},{"speaker":"Brandon Magierowski","startTime":788.1,"endTime":790.8,"body":"to go, you know, it's kind of"},{"speaker":"Brandon Magierowski","startTime":788.1,"endTime":790.8,"body":"maybe a test for him to see if,"},{"speaker":"Brandon Magierowski","startTime":791.19,"endTime":793.68,"body":"you know, as Brandon for real,"},{"speaker":"Brandon Magierowski","startTime":791.19,"endTime":793.68,"body":"you know, he sent me two books."},{"speaker":"Brandon Magierowski","startTime":793.68,"endTime":796.5,"body":"I read him in a week. He said,"},{"speaker":"Brandon Magierowski","startTime":793.68,"endTime":796.5,"body":"Let's buy some properties. We"},{"speaker":"Brandon Magierowski","startTime":796.5,"endTime":800.91,"body":"closed on him in two months. You"},{"speaker":"Brandon Magierowski","startTime":796.5,"endTime":800.91,"body":"know, we moved fast. But I think"},{"speaker":"Brandon Magierowski","startTime":800.91,"endTime":803.82,"body":"it was a test Ramzi was testing"},{"speaker":"Brandon Magierowski","startTime":800.91,"endTime":803.82,"body":"to see you know, is this guy is"},{"speaker":"Brandon Magierowski","startTime":803.82,"endTime":806.04,"body":"this guy for real and is this"},{"speaker":"Brandon Magierowski","startTime":803.82,"endTime":806.04,"body":"guy, someone, someone I can"},{"speaker":"Brandon Magierowski","startTime":806.04,"endTime":810.06,"body":"bring on my team for the long"},{"speaker":"Brandon Magierowski","startTime":806.04,"endTime":810.06,"body":"term. And like I said, fast"},{"speaker":"Brandon Magierowski","startTime":810.06,"endTime":814.14,"body":"forward five years, we're, we're"},{"speaker":"Brandon Magierowski","startTime":810.06,"endTime":814.14,"body":"growing along with two other"},{"speaker":"Brandon Magierowski","startTime":814.14,"endTime":816.54,"body":"partners, something that I think"},{"speaker":"Brandon Magierowski","startTime":814.14,"endTime":816.54,"body":"is gonna be really, really"},{"speaker":"Brandon Magierowski","startTime":816.54,"endTime":817.11,"body":"special."},{"speaker":"Average Joe Finances","startTime":817.35,"endTime":819.42,"body":"Yeah,"},{"speaker":"Average Joe Finances","startTime":817.35,"endTime":819.42,"body":"that's, that's fantastic. And I"},{"speaker":"Average Joe Finances","startTime":819.42,"endTime":822.96,"body":"think another part of, you know,"},{"speaker":"Average Joe Finances","startTime":819.42,"endTime":822.96,"body":"what happened Shreveport, right?"},{"speaker":"Average Joe Finances","startTime":822.96,"endTime":825.21,"body":"It was it was definitely a"},{"speaker":"Average Joe Finances","startTime":822.96,"endTime":825.21,"body":"learning experience for the two"},{"speaker":"Average Joe Finances","startTime":825.21,"endTime":828.57,"body":"of you. But at the same time,"},{"speaker":"Average Joe Finances","startTime":825.21,"endTime":828.57,"body":"what that's going to turn into"},{"speaker":"Average Joe Finances","startTime":828.57,"endTime":832.77,"body":"value wise in the long run is"},{"speaker":"Average Joe Finances","startTime":828.57,"endTime":832.77,"body":"going to pay off so much more"},{"speaker":"Average Joe Finances","startTime":832.86,"endTime":835.65,"body":"than than what you guys lost or"},{"speaker":"Average Joe Finances","startTime":832.86,"endTime":835.65,"body":"you know, when you were breaking"},{"speaker":"Average Joe Finances","startTime":835.65,"endTime":839.76,"body":"even or even losing money, it's"},{"speaker":"Average Joe Finances","startTime":835.65,"endTime":839.76,"body":"gonna pay back in in droves"},{"speaker":"Average Joe Finances","startTime":839.79,"endTime":842.52,"body":"because of the the experience"},{"speaker":"Average Joe Finances","startTime":839.79,"endTime":842.52,"body":"that you've learned from it. And"},{"speaker":"Average Joe Finances","startTime":842.52,"endTime":846.72,"body":"so that value that it that it"},{"speaker":"Average Joe Finances","startTime":842.52,"endTime":846.72,"body":"added to the two of you, is"},{"speaker":"Average Joe Finances","startTime":846.72,"endTime":849.48,"body":"knowledge. And that knowledge,"},{"speaker":"Average Joe Finances","startTime":846.72,"endTime":849.48,"body":"you can turn around and take"},{"speaker":"Average Joe Finances","startTime":849.48,"endTime":853.38,"body":"that into the future. It kind of"},{"speaker":"Average Joe Finances","startTime":849.48,"endTime":853.38,"body":"pushed you too to go check out"},{"speaker":"Average Joe Finances","startTime":853.56,"endTime":856.68,"body":"Neil Bauer, right and go check"},{"speaker":"Average Joe Finances","startTime":853.56,"endTime":856.68,"body":"out his boot camp, you weren't"},{"speaker":"Average Joe Finances","startTime":856.68,"endTime":860.37,"body":"afraid to shell out a little"},{"speaker":"Average Joe Finances","startTime":856.68,"endTime":860.37,"body":"cash to go go learn, you know,"},{"speaker":"Average Joe Finances","startTime":860.43,"endTime":863.58,"body":"multifamily real estate and go"},{"speaker":"Average Joe Finances","startTime":860.43,"endTime":863.58,"body":"to his boot camp. So I think"},{"speaker":"Average Joe Finances","startTime":863.58,"endTime":867.45,"body":"that's another part of you know,"},{"speaker":"Average Joe Finances","startTime":863.58,"endTime":867.45,"body":"what people mix things up, as,"},{"speaker":"Average Joe Finances","startTime":868.02,"endTime":870.36,"body":"you know, sure, you could"},{"speaker":"Average Joe Finances","startTime":868.02,"endTime":870.36,"body":"probably just jump right into"},{"speaker":"Average Joe Finances","startTime":870.36,"endTime":874.56,"body":"it, but if you if you do, you're"},{"speaker":"Average Joe Finances","startTime":870.36,"endTime":874.56,"body":"gonna have some painful learning"},{"speaker":"Average Joe Finances","startTime":874.56,"endTime":878.34,"body":"experiences too. I also learned"},{"speaker":"Average Joe Finances","startTime":874.56,"endTime":878.34,"body":"the hard way with buying some"},{"speaker":"Average Joe Finances","startTime":878.34,"endTime":882.48,"body":"property back in Virginia. And"},{"speaker":"Average Joe Finances","startTime":878.34,"endTime":882.48,"body":"it was a painful experience but"},{"speaker":"Average Joe Finances","startTime":882.48,"endTime":890.16,"body":"I got through it and I think it"},{"speaker":"Average Joe Finances","startTime":882.48,"endTime":890.16,"body":"made me better. So the key thing"},{"speaker":"Average Joe Finances","startTime":890.16,"endTime":893.61,"body":"is just making sure that if if"},{"speaker":"Average Joe Finances","startTime":890.16,"endTime":893.61,"body":"this is something you want to do"},{"speaker":"Average Joe Finances","startTime":893.61,"endTime":896.43,"body":"that you're educating yourself"},{"speaker":"Average Joe Finances","startTime":893.61,"endTime":896.43,"body":"and you know with the right"},{"speaker":"Average Joe Finances","startTime":896.43,"endTime":899.25,"body":"education and getting yourself"},{"speaker":"Average Joe Finances","startTime":896.43,"endTime":899.25,"body":"you know hooked up with the"},{"speaker":"Average Joe Finances","startTime":899.25,"endTime":902.37,"body":"right people to Build the right"},{"speaker":"Average Joe Finances","startTime":899.25,"endTime":902.37,"body":"team. And I think that was"},{"speaker":"Average Joe Finances","startTime":902.37,"endTime":905.43,"body":"something that Ramsay and I"},{"speaker":"Average Joe Finances","startTime":902.37,"endTime":905.43,"body":"talked a lot about was When,"},{"speaker":"Average Joe Finances","startTime":905.46,"endTime":909.45,"body":"when, when everything came"},{"speaker":"Average Joe Finances","startTime":905.46,"endTime":909.45,"body":"together for the organization"},{"speaker":"Average Joe Finances","startTime":909.45,"endTime":912.63,"body":"and for your, for your team, it"},{"speaker":"Average Joe Finances","startTime":909.45,"endTime":912.63,"body":"was, it was because of the team."},{"speaker":"Average Joe Finances","startTime":912.63,"endTime":914.79,"body":"It was everybody that was"},{"speaker":"Average Joe Finances","startTime":912.63,"endTime":914.79,"body":"involved. It wasn't just one"},{"speaker":"Average Joe Finances","startTime":914.79,"endTime":918.09,"body":"singular person. And I think"},{"speaker":"Average Joe Finances","startTime":914.79,"endTime":918.09,"body":"that's the other thing, too is"},{"speaker":"Average Joe Finances","startTime":918.09,"endTime":920.13,"body":"you know, you don't want to go"},{"speaker":"Average Joe Finances","startTime":918.09,"endTime":920.13,"body":"in it alone. You want it you"},{"speaker":"Average Joe Finances","startTime":920.13,"endTime":921.03,"body":"want to build a goodwill you"},{"speaker":"Brandon Magierowski","startTime":921.03,"endTime":922.68,"body":"want to"},{"speaker":"Brandon Magierowski","startTime":921.03,"endTime":922.68,"body":"build bring teammates on that"},{"speaker":"Brandon Magierowski","startTime":922.68,"endTime":925.83,"body":"complementary to like, you know,"},{"speaker":"Brandon Magierowski","startTime":922.68,"endTime":925.83,"body":"I'm sure ranks for sure. And I"},{"speaker":"Brandon Magierowski","startTime":925.83,"endTime":929.28,"body":"have weaknesses. Ramsey has"},{"speaker":"Brandon Magierowski","startTime":925.83,"endTime":929.28,"body":"strengths and weaknesses, but my"},{"speaker":"Brandon Magierowski","startTime":929.28,"endTime":931.95,"body":"weaknesses are his strengths and"},{"speaker":"Brandon Magierowski","startTime":929.28,"endTime":931.95,"body":"vice versa. And Joe is the same"},{"speaker":"Brandon Magierowski","startTime":931.95,"endTime":936.27,"body":"way as project management on"},{"speaker":"Brandon Magierowski","startTime":931.95,"endTime":936.27,"body":"construction. I mean, that's not"},{"speaker":"Brandon Magierowski","startTime":936.27,"endTime":939.06,"body":"me. That's Joey Joey's"},{"speaker":"Brandon Magierowski","startTime":936.27,"endTime":939.06,"body":"unbelievable at it. But just to"},{"speaker":"Brandon Magierowski","startTime":939.06,"endTime":941.37,"body":"backtrack on what you're talking"},{"speaker":"Brandon Magierowski","startTime":939.06,"endTime":941.37,"body":"about in this report property, I"},{"speaker":"Brandon Magierowski","startTime":941.37,"endTime":944.1,"body":"sometimes I think about what of"},{"speaker":"Brandon Magierowski","startTime":941.37,"endTime":944.1,"body":"Shreveport would have went"},{"speaker":"Brandon Magierowski","startTime":944.1,"endTime":947.76,"body":"perfect for us, and we cash flow"},{"speaker":"Brandon Magierowski","startTime":944.1,"endTime":947.76,"body":"and it was great. And everything"},{"speaker":"Brandon Magierowski","startTime":947.76,"endTime":950.97,"body":"was awesome. I don't know if we"},{"speaker":"Brandon Magierowski","startTime":947.76,"endTime":950.97,"body":"ever would have ever went to the"},{"speaker":"Brandon Magierowski","startTime":950.97,"endTime":953.76,"body":"Neil Bauer boot camp. I don't"},{"speaker":"Brandon Magierowski","startTime":950.97,"endTime":953.76,"body":"know if we would have ever said"},{"speaker":"Brandon Magierowski","startTime":953.79,"endTime":957.54,"body":"let's syndicate apartments. And"},{"speaker":"Brandon Magierowski","startTime":953.79,"endTime":957.54,"body":"so I think why Ramsey and I talk"},{"speaker":"Brandon Magierowski","startTime":957.54,"endTime":960.21,"body":"so much about treeborn, you"},{"speaker":"Brandon Magierowski","startTime":957.54,"endTime":960.21,"body":"think you know we we put it down"},{"speaker":"Brandon Magierowski","startTime":960.21,"endTime":964.83,"body":"and we laugh about it. But in"},{"speaker":"Brandon Magierowski","startTime":960.21,"endTime":964.83,"body":"reality, it paved the path for"},{"speaker":"Brandon Magierowski","startTime":964.83,"endTime":970.02,"body":"us. That mistake paved the path"},{"speaker":"Brandon Magierowski","startTime":964.83,"endTime":970.02,"body":"for us to get into bigger deals"},{"speaker":"Brandon Magierowski","startTime":970.05,"endTime":973.62,"body":"and bring on new teammates,"},{"speaker":"Brandon Magierowski","startTime":970.05,"endTime":973.62,"body":"learn our lessons, spend some"},{"speaker":"Brandon Magierowski","startTime":973.62,"endTime":976.83,"body":"money on education, and look"},{"speaker":"Brandon Magierowski","startTime":973.62,"endTime":976.83,"body":"where it's gotten us today. And"},{"speaker":"Brandon Magierowski","startTime":976.83,"endTime":980.49,"body":"we're just keep growing day"},{"speaker":"Brandon Magierowski","startTime":976.83,"endTime":980.49,"body":"after day after day. And just to"},{"speaker":"Brandon Magierowski","startTime":980.49,"endTime":983.7,"body":"all the other syndicators and"},{"speaker":"Brandon Magierowski","startTime":980.49,"endTime":983.7,"body":"investors out there, from the"},{"speaker":"Brandon Magierowski","startTime":983.7,"endTime":987.06,"body":"smallest level to the biggest"},{"speaker":"Brandon Magierowski","startTime":983.7,"endTime":987.06,"body":"level is don't be afraid to talk"},{"speaker":"Brandon Magierowski","startTime":987.06,"endTime":990.36,"body":"about your mistakes. So many"},{"speaker":"Brandon Magierowski","startTime":987.06,"endTime":990.36,"body":"times, you know, you see on"},{"speaker":"Brandon Magierowski","startTime":990.36,"endTime":994.2,"body":"social media and LinkedIn and"},{"speaker":"Brandon Magierowski","startTime":990.36,"endTime":994.2,"body":"Facebook about this deals close."},{"speaker":"Brandon Magierowski","startTime":994.2,"endTime":996.51,"body":"And this is the greatest thing"},{"speaker":"Brandon Magierowski","startTime":994.2,"endTime":996.51,"body":"ever. And I'm making this and"},{"speaker":"Brandon Magierowski","startTime":996.51,"endTime":1000.98,"body":"everything so phenomenal. Nobody"},{"speaker":"Brandon Magierowski","startTime":996.51,"endTime":1000.98,"body":"ever posts on there. Man, I made"},{"speaker":"Brandon Magierowski","startTime":1000.98,"endTime":1003.5,"body":"a terrible investment. These are"},{"speaker":"Brandon Magierowski","startTime":1000.98,"endTime":1003.5,"body":"the mistakes I made this much"},{"speaker":"Brandon Magierowski","startTime":1003.5,"endTime":1007.13,"body":"money I lost. I don't know it's"},{"speaker":"Brandon Magierowski","startTime":1003.5,"endTime":1007.13,"body":"because they're just trying to"},{"speaker":"Brandon Magierowski","startTime":1007.13,"endTime":1010.85,"body":"promote greatness amongst"},{"speaker":"Brandon Magierowski","startTime":1007.13,"endTime":1010.85,"body":"themselves. But Randy and I are"},{"speaker":"Brandon Magierowski","startTime":1010.85,"endTime":1014.33,"body":"not afraid to talk about the"},{"speaker":"Brandon Magierowski","startTime":1010.85,"endTime":1014.33,"body":"mistakes we made in Shreveport,"},{"speaker":"Brandon Magierowski","startTime":1014.54,"endTime":1018.2,"body":"because those mistakes, we will"},{"speaker":"Brandon Magierowski","startTime":1014.54,"endTime":1018.2,"body":"not make them again, we will not"},{"speaker":"Brandon Magierowski","startTime":1018.2,"endTime":1021.29,"body":"make them again. And they lead"},{"speaker":"Brandon Magierowski","startTime":1018.2,"endTime":1021.29,"body":"us to a path to where we're at"},{"speaker":"Brandon Magierowski","startTime":1021.29,"endTime":1024.65,"body":"today. What we're going to do"},{"speaker":"Brandon Magierowski","startTime":1021.29,"endTime":1024.65,"body":"bigger and bigger deals every"},{"speaker":"Brandon Magierowski","startTime":1024.65,"endTime":1025.28,"body":"single year."},{"speaker":"Average Joe Finances","startTime":1025.309,"endTime":1027.199,"body":"Yeah,"},{"speaker":"Average Joe Finances","startTime":1025.309,"endTime":1027.199,"body":"that's that's fantastic. Again,"},{"speaker":"Average Joe Finances","startTime":1027.199,"endTime":1031.429,"body":"like I was saying before, it's"},{"speaker":"Average Joe Finances","startTime":1027.199,"endTime":1031.429,"body":"the value that those mistakes"},{"speaker":"Average Joe Finances","startTime":1031.759,"endTime":1036.139,"body":"and lessons learned that you got"},{"speaker":"Average Joe Finances","startTime":1031.759,"endTime":1036.139,"body":"is worth more than any type of"},{"speaker":"Average Joe Finances","startTime":1036.139,"endTime":1038.029,"body":"cash flow that you can get"},{"speaker":"Average Joe Finances","startTime":1036.139,"endTime":1038.029,"body":"because it's going to earn you"},{"speaker":"Average Joe Finances","startTime":1038.029,"endTime":1041.809,"body":"some more cash flow into the"},{"speaker":"Average Joe Finances","startTime":1038.029,"endTime":1041.809,"body":"future. So So the next question"},{"speaker":"Average Joe Finances","startTime":1041.809,"endTime":1045.919,"body":"I'd like to ask you then, so you"},{"speaker":"Average Joe Finances","startTime":1041.809,"endTime":1045.919,"body":"live in Shreveport still right?"},{"speaker":"Average Joe Finances","startTime":1046.429,"endTime":1049.759,"body":"I do. Yeah. And you travel all"},{"speaker":"Average Joe Finances","startTime":1046.429,"endTime":1049.759,"body":"over for the baseball"},{"speaker":"Average Joe Finances","startTime":1049.759,"endTime":1053.179,"body":"tournament. You're in Tennessee"},{"speaker":"Average Joe Finances","startTime":1049.759,"endTime":1053.179,"body":"right now. So where are you"},{"speaker":"Average Joe Finances","startTime":1053.179,"endTime":1055.879,"body":"currently investing? What what"},{"speaker":"Average Joe Finances","startTime":1053.179,"endTime":1055.879,"body":"markets are you in right now?"},{"speaker":"Brandon Magierowski","startTime":1056.42,"endTime":1059.12,"body":"So we love"},{"speaker":"Brandon Magierowski","startTime":1056.42,"endTime":1059.12,"body":"the panhandle of Florida, which"},{"speaker":"Brandon Magierowski","startTime":1059.12,"endTime":1063.47,"body":"is the I 10 corridor mobile"},{"speaker":"Brandon Magierowski","startTime":1059.12,"endTime":1063.47,"body":"across to Jacksonville. And Joey"},{"speaker":"Brandon Magierowski","startTime":1063.5,"endTime":1067.97,"body":"lives in Panama City. Ramsay"},{"speaker":"Brandon Magierowski","startTime":1063.5,"endTime":1067.97,"body":"owns property in Panama City. We"},{"speaker":"Brandon Magierowski","startTime":1067.97,"endTime":1070.49,"body":"have a construction team, we"},{"speaker":"Brandon Magierowski","startTime":1067.97,"endTime":1070.49,"body":"have a property manager in"},{"speaker":"Brandon Magierowski","startTime":1070.49,"endTime":1074.69,"body":"Panama City. So that whole"},{"speaker":"Brandon Magierowski","startTime":1070.49,"endTime":1074.69,"body":"corridor, Joey can reach it via"},{"speaker":"Brandon Magierowski","startTime":1074.93,"endTime":1078.56,"body":"in his car. The other markets"},{"speaker":"Brandon Magierowski","startTime":1074.93,"endTime":1078.56,"body":"that we're really looking at is"},{"speaker":"Brandon Magierowski","startTime":1078.56,"endTime":1081.41,"body":"the East Texas market. Because"},{"speaker":"Brandon Magierowski","startTime":1078.56,"endTime":1081.41,"body":"Chris and I live in Shreveport."},{"speaker":"Brandon Magierowski","startTime":1081.92,"endTime":1085.91,"body":"It's two, three hours away."},{"speaker":"Brandon Magierowski","startTime":1081.92,"endTime":1085.91,"body":"Texas is super competitive. But"},{"speaker":"Brandon Magierowski","startTime":1085.91,"endTime":1089.12,"body":"we've decided no, we want to"},{"speaker":"Brandon Magierowski","startTime":1085.91,"endTime":1089.12,"body":"focus specifically on two"},{"speaker":"Brandon Magierowski","startTime":1089.12,"endTime":1094.22,"body":"locations that are within reach"},{"speaker":"Brandon Magierowski","startTime":1089.12,"endTime":1094.22,"body":"of us. I wish Shreveport was the"},{"speaker":"Brandon Magierowski","startTime":1094.22,"endTime":1096.65,"body":"greatest market to invest in"},{"speaker":"Brandon Magierowski","startTime":1094.22,"endTime":1096.65,"body":"because we can make a killing"},{"speaker":"Brandon Magierowski","startTime":1096.65,"endTime":1099.77,"body":"here because it's in our"},{"speaker":"Brandon Magierowski","startTime":1096.65,"endTime":1099.77,"body":"backyard. It's easy, just like"},{"speaker":"Brandon Magierowski","startTime":1099.77,"endTime":1103.13,"body":"Joey in Panama City, but it's"},{"speaker":"Brandon Magierowski","startTime":1099.77,"endTime":1103.13,"body":"not reality. And another thing"},{"speaker":"Brandon Magierowski","startTime":1103.13,"endTime":1105.83,"body":"we're not, you know, my family's"},{"speaker":"Brandon Magierowski","startTime":1103.13,"endTime":1105.83,"body":"not moving from Shreveport and"},{"speaker":"Brandon Magierowski","startTime":1105.83,"endTime":1110.09,"body":"my wife, we have kids, my wife's"},{"speaker":"Brandon Magierowski","startTime":1105.83,"endTime":1110.09,"body":"family's here, everything's"},{"speaker":"Brandon Magierowski","startTime":1110.09,"endTime":1113.06,"body":"great. We got a lot of support."},{"speaker":"Brandon Magierowski","startTime":1110.09,"endTime":1113.06,"body":"We're not going to move. We're"},{"speaker":"Brandon Magierowski","startTime":1113.06,"endTime":1114.92,"body":"not going to invest here. So"},{"speaker":"Brandon Magierowski","startTime":1113.06,"endTime":1114.92,"body":"what are the markets we're"},{"speaker":"Brandon Magierowski","startTime":1114.92,"endTime":1118.46,"body":"looking at? So we took those"},{"speaker":"Brandon Magierowski","startTime":1114.92,"endTime":1118.46,"body":"data points, those data metrics,"},{"speaker":"Brandon Magierowski","startTime":1118.46,"endTime":1122.81,"body":"we ran them, what's reachable to"},{"speaker":"Brandon Magierowski","startTime":1118.46,"endTime":1122.81,"body":"us via vehicle. And we ran the"},{"speaker":"Brandon Magierowski","startTime":1122.81,"endTime":1125.87,"body":"data points that we learned"},{"speaker":"Brandon Magierowski","startTime":1122.81,"endTime":1125.87,"body":"about markets, and we found the"},{"speaker":"Brandon Magierowski","startTime":1125.87,"endTime":1129.32,"body":"markets we wanted to invest in."},{"speaker":"Brandon Magierowski","startTime":1125.87,"endTime":1129.32,"body":"And so far, like I said, we just"},{"speaker":"Brandon Magierowski","startTime":1129.38,"endTime":1132.65,"body":"we just closed on the 10 unit in"},{"speaker":"Brandon Magierowski","startTime":1129.38,"endTime":1132.65,"body":"Panama City. We've got an eight"},{"speaker":"Brandon Magierowski","startTime":1132.65,"endTime":1135.11,"body":"unit and stuff, Louisiana, and"},{"speaker":"Brandon Magierowski","startTime":1132.65,"endTime":1135.11,"body":"we've got a deal on the pipeline"},{"speaker":"Brandon Magierowski","startTime":1135.11,"endTime":1136.22,"body":"in Lubbock, Texas."},{"speaker":"Average Joe Finances","startTime":1137.24,"endTime":1139.61,"body":"Fantastic."},{"speaker":"Average Joe Finances","startTime":1137.24,"endTime":1139.61,"body":"All right. So when you're"},{"speaker":"Average Joe Finances","startTime":1139.61,"endTime":1143.48,"body":"scoping out these deals in like"},{"speaker":"Average Joe Finances","startTime":1139.61,"endTime":1143.48,"body":"these two specific specific"},{"speaker":"Average Joe Finances","startTime":1143.48,"endTime":1147.14,"body":"areas that you're looking at,"},{"speaker":"Average Joe Finances","startTime":1143.48,"endTime":1147.14,"body":"how do you know what's a good"},{"speaker":"Average Joe Finances","startTime":1147.14,"endTime":1149.87,"body":"deal? What what what type of"},{"speaker":"Average Joe Finances","startTime":1147.14,"endTime":1149.87,"body":"data are you looking at?"},{"speaker":"Brandon Magierowski","startTime":1150.109,"endTime":1151.429,"body":"So you're"},{"speaker":"Brandon Magierowski","startTime":1150.109,"endTime":1151.429,"body":"talking about the for the market"},{"speaker":"Brandon Magierowski","startTime":1151.429,"endTime":1152.659,"body":"or the property itself?"},{"speaker":"Average Joe Finances","startTime":1152.69,"endTime":1155.27,"body":"Well, both"},{"speaker":"Average Joe Finances","startTime":1152.69,"endTime":1155.27,"body":"actually you know so the you"},{"speaker":"Average Joe Finances","startTime":1155.27,"endTime":1157.73,"body":"know, I know you have to do your"},{"speaker":"Average Joe Finances","startTime":1155.27,"endTime":1157.73,"body":"due diligence on each property"},{"speaker":"Average Joe Finances","startTime":1157.73,"endTime":1162.29,"body":"you go look at but how do you"},{"speaker":"Average Joe Finances","startTime":1157.73,"endTime":1162.29,"body":"know which market or or area in"},{"speaker":"Average Joe Finances","startTime":1162.29,"endTime":1165.5,"body":"like that specific town is going"},{"speaker":"Average Joe Finances","startTime":1162.29,"endTime":1165.5,"body":"to be a good spot for you guys"},{"speaker":"Average Joe Finances","startTime":1165.5,"endTime":1169.46,"body":"to go look at apartments. So you"},{"speaker":"Average Joe Finances","startTime":1165.5,"endTime":1169.46,"body":"know, how do you how do you pick"},{"speaker":"Average Joe Finances","startTime":1169.46,"endTime":1171.92,"body":"out which ones you want to go"},{"speaker":"Average Joe Finances","startTime":1169.46,"endTime":1171.92,"body":"and make an offer on"},{"speaker":"Brandon Magierowski","startTime":1172.309,"endTime":1173.749,"body":"the first"},{"speaker":"Brandon Magierowski","startTime":1172.309,"endTime":1173.749,"body":"thing we did we started"},{"speaker":"Brandon Magierowski","startTime":1173.749,"endTime":1177.679,"body":"developing relationships with"},{"speaker":"Brandon Magierowski","startTime":1173.749,"endTime":1177.679,"body":"the brokers in those areas and"},{"speaker":"Brandon Magierowski","startTime":1177.679,"endTime":1181.549,"body":"the agents and then we we did"},{"speaker":"Brandon Magierowski","startTime":1177.679,"endTime":1181.549,"body":"that as we we built some"},{"speaker":"Brandon Magierowski","startTime":1181.549,"endTime":1184.849,"body":"credibility through our branding"},{"speaker":"Brandon Magierowski","startTime":1181.549,"endTime":1184.849,"body":"through our website, you know,"},{"speaker":"Brandon Magierowski","startTime":1184.849,"endTime":1188.329,"body":"places that they could go look"},{"speaker":"Brandon Magierowski","startTime":1184.849,"endTime":1188.329,"body":"us up. So you call a broker."},{"speaker":"Brandon Magierowski","startTime":1188.329,"endTime":1191.959,"body":"Hey, man, I'm Brandon. These are"},{"speaker":"Brandon Magierowski","startTime":1188.329,"endTime":1191.959,"body":"the deals we're looking for, you"},{"speaker":"Brandon Magierowski","startTime":1191.959,"endTime":1196.549,"body":"know, 50 to 100 units 1975"},{"speaker":"Brandon Magierowski","startTime":1191.959,"endTime":1196.549,"body":"vintage, we're looking for class"},{"speaker":"Brandon Magierowski","startTime":1196.549,"endTime":1202.519,"body":"B and C. little light, light"},{"speaker":"Brandon Magierowski","startTime":1196.549,"endTime":1202.519,"body":"value. ad. That's and they're"},{"speaker":"Brandon Magierowski","startTime":1202.519,"endTime":1206.089,"body":"going to go Okay, great. Who are"},{"speaker":"Brandon Magierowski","startTime":1202.519,"endTime":1206.089,"body":"you? And what we did is we back"},{"speaker":"Brandon Magierowski","startTime":1206.089,"endTime":1209.299,"body":"that up with some some nice"},{"speaker":"Brandon Magierowski","startTime":1206.089,"endTime":1209.299,"body":"branding a website really set it"},{"speaker":"Brandon Magierowski","startTime":1209.299,"endTime":1212.539,"body":"up for them to go, Okay, these"},{"speaker":"Brandon Magierowski","startTime":1209.299,"endTime":1212.539,"body":"guys, they're a legitimate"},{"speaker":"Brandon Magierowski","startTime":1212.599,"endTime":1215.239,"body":"group, they're not just tire"},{"speaker":"Brandon Magierowski","startTime":1212.599,"endTime":1215.239,"body":"kickers that are just calling me"},{"speaker":"Brandon Magierowski","startTime":1215.239,"endTime":1217.999,"body":"and wasting my time. So that"},{"speaker":"Brandon Magierowski","startTime":1215.239,"endTime":1217.999,"body":"took us, you know, three or four"},{"speaker":"Brandon Magierowski","startTime":1217.999,"endTime":1219.619,"body":"months to build this"},{"speaker":"Brandon Magierowski","startTime":1217.999,"endTime":1219.619,"body":"relationship. So we started"},{"speaker":"Brandon Magierowski","startTime":1219.619,"endTime":1222.799,"body":"getting deal flow in, you know,"},{"speaker":"Brandon Magierowski","startTime":1219.619,"endTime":1222.799,"body":"when you say the I 10 corridor,"},{"speaker":"Brandon Magierowski","startTime":1222.799,"endTime":1225.949,"body":"there's a lot of cities along"},{"speaker":"Brandon Magierowski","startTime":1222.799,"endTime":1225.949,"body":"the I 10 corridor, right,"},{"speaker":"Brandon Magierowski","startTime":1225.949,"endTime":1231.259,"body":"mobiel, Pensacola, Panama City,"},{"speaker":"Brandon Magierowski","startTime":1225.949,"endTime":1231.259,"body":"Jacksonville, Tallahassee. And"},{"speaker":"Brandon Magierowski","startTime":1231.259,"endTime":1234.919,"body":"inside those cities, there's sub"},{"speaker":"Brandon Magierowski","startTime":1231.259,"endTime":1234.919,"body":"markets that you have to analyze"},{"speaker":"Brandon Magierowski","startTime":1234.919,"endTime":1238.129,"body":"as well. So just because the"},{"speaker":"Brandon Magierowski","startTime":1234.919,"endTime":1238.129,"body":"city meets the metrics, there's"},{"speaker":"Brandon Magierowski","startTime":1238.129,"endTime":1240.649,"body":"certainly no this you can, you"},{"speaker":"Brandon Magierowski","startTime":1238.129,"endTime":1240.649,"body":"can talk about your own city you"},{"speaker":"Brandon Magierowski","startTime":1240.649,"endTime":1244.279,"body":"live in, there's good parts and"},{"speaker":"Brandon Magierowski","startTime":1240.649,"endTime":1244.279,"body":"bad parts. And without being"},{"speaker":"Brandon Magierowski","startTime":1244.279,"endTime":1246.859,"body":"boots on the ground on those"},{"speaker":"Brandon Magierowski","startTime":1244.279,"endTime":1246.859,"body":"cities, you have to find a way"},{"speaker":"Brandon Magierowski","startTime":1247.219,"endTime":1250.369,"body":"to figure out, you know, get"},{"speaker":"Brandon Magierowski","startTime":1247.219,"endTime":1250.369,"body":"information from the broker, but"},{"speaker":"Brandon Magierowski","startTime":1250.369,"endTime":1254.959,"body":"also look at the data. And the"},{"speaker":"Brandon Magierowski","startTime":1250.369,"endTime":1254.959,"body":"data we use is it's free data"},{"speaker":"Brandon Magierowski","startTime":1255.139,"endTime":1258.709,"body":"from from the internet, that"},{"speaker":"Brandon Magierowski","startTime":1255.139,"endTime":1258.709,"body":"just monitors the population"},{"speaker":"Brandon Magierowski","startTime":1258.709,"endTime":1262.399,"body":"growth, median household income,"},{"speaker":"Brandon Magierowski","startTime":1258.709,"endTime":1262.399,"body":"median household value, the"},{"speaker":"Brandon Magierowski","startTime":1262.399,"endTime":1265.459,"body":"crime rate and the job growth."},{"speaker":"Brandon Magierowski","startTime":1262.399,"endTime":1265.459,"body":"Those are the five data points"},{"speaker":"Brandon Magierowski","startTime":1265.459,"endTime":1267.889,"body":"that we're looking at, we're"},{"speaker":"Brandon Magierowski","startTime":1265.459,"endTime":1267.889,"body":"looking for certain trends over"},{"speaker":"Brandon Magierowski","startTime":1267.889,"endTime":1273.679,"body":"the past 20 years. And for us,"},{"speaker":"Brandon Magierowski","startTime":1267.889,"endTime":1273.679,"body":"really, the three drivers for us"},{"speaker":"Brandon Magierowski","startTime":1273.679,"endTime":1278.299,"body":"is the population growth, the"},{"speaker":"Brandon Magierowski","startTime":1273.679,"endTime":1278.299,"body":"job growth and the decline in"},{"speaker":"Brandon Magierowski","startTime":1278.299,"endTime":1281.509,"body":"crime, right, that's what's"},{"speaker":"Brandon Magierowski","startTime":1278.299,"endTime":1281.509,"body":"gonna hit. And then the other"},{"speaker":"Brandon Magierowski","startTime":1281.509,"endTime":1284.779,"body":"two are just bonus metrics that"},{"speaker":"Brandon Magierowski","startTime":1281.509,"endTime":1284.779,"body":"we put into our spreadsheets. So"},{"speaker":"Brandon Magierowski","startTime":1284.779,"endTime":1287.089,"body":"we'll get a deal within a city."},{"speaker":"Brandon Magierowski","startTime":1284.779,"endTime":1287.089,"body":"First, we're going to look at"},{"speaker":"Brandon Magierowski","startTime":1287.089,"endTime":1289.819,"body":"the deal, make sure that it"},{"speaker":"Brandon Magierowski","startTime":1287.089,"endTime":1289.819,"body":"meets our criteria that we're"},{"speaker":"Brandon Magierowski","startTime":1289.819,"endTime":1292.219,"body":"looking for. And then we're"},{"speaker":"Brandon Magierowski","startTime":1289.819,"endTime":1292.219,"body":"going to look at the sub"},{"speaker":"Brandon Magierowski","startTime":1292.219,"endTime":1296.809,"body":"markets, it's in that sub market"},{"speaker":"Brandon Magierowski","startTime":1292.219,"endTime":1296.809,"body":"meets our metrics, then we're"},{"speaker":"Brandon Magierowski","startTime":1296.809,"endTime":1298.609,"body":"going to dive into the"},{"speaker":"Brandon Magierowski","startTime":1296.809,"endTime":1298.609,"body":"underwriting on the deal, we're"},{"speaker":"Brandon Magierowski","startTime":1298.609,"endTime":1301.309,"body":"going to do a quick 10 minute"},{"speaker":"Brandon Magierowski","startTime":1298.609,"endTime":1301.309,"body":"analysis, see where the price"},{"speaker":"Brandon Magierowski","startTime":1301.309,"endTime":1305.149,"body":"points at based on the cap rate."},{"speaker":"Brandon Magierowski","startTime":1301.309,"endTime":1305.149,"body":"And then if that passes, then"},{"speaker":"Brandon Magierowski","startTime":1305.149,"endTime":1308.539,"body":"we're going to go into deep dive"},{"speaker":"Brandon Magierowski","startTime":1305.149,"endTime":1308.539,"body":"underwriting, come up with an on"},{"speaker":"Brandon Magierowski","startTime":1308.539,"endTime":1311.149,"body":"offer, as a broker some"},{"speaker":"Brandon Magierowski","startTime":1308.539,"endTime":1311.149,"body":"questions go back and forth,"},{"speaker":"Brandon Magierowski","startTime":1311.149,"endTime":1315.349,"body":"submit another Why? That's kind"},{"speaker":"Brandon Magierowski","startTime":1311.149,"endTime":1315.349,"body":"of the process we take. Right"},{"speaker":"Brandon Magierowski","startTime":1315.349,"endTime":1315.589,"body":"on."},{"speaker":"Average Joe Finances","startTime":1315.619,"endTime":1317.809,"body":"Yeah, it"},{"speaker":"Average Joe Finances","startTime":1315.619,"endTime":1317.809,"body":"sounds like a very good process."},{"speaker":"Average Joe Finances","startTime":1317.809,"endTime":1321.049,"body":"And and you have a lot of, I"},{"speaker":"Average Joe Finances","startTime":1317.809,"endTime":1321.049,"body":"guess, stop gaps in there too,"},{"speaker":"Average Joe Finances","startTime":1321.049,"endTime":1323.779,"body":"to, to know when you're going to"},{"speaker":"Average Joe Finances","startTime":1321.049,"endTime":1323.779,"body":"move forward. And when you're"},{"speaker":"Average Joe Finances","startTime":1323.809,"endTime":1325.219,"body":"when you're going to back out."},{"speaker":"Average Joe Finances","startTime":1323.809,"endTime":1325.219,"body":"So"},{"speaker":"Brandon Magierowski","startTime":1325.25,"endTime":1326.48,"body":"yeah, so"},{"speaker":"Brandon Magierowski","startTime":1325.25,"endTime":1326.48,"body":"let me just touch on that."},{"speaker":"Brandon Magierowski","startTime":1326.48,"endTime":1330.11,"body":"Because early on, you know, you"},{"speaker":"Brandon Magierowski","startTime":1326.48,"endTime":1330.11,"body":"start getting deal flow, you get"},{"speaker":"Brandon Magierowski","startTime":1330.14,"endTime":1334.58,"body":"super excited, and every deal,"},{"speaker":"Brandon Magierowski","startTime":1330.14,"endTime":1334.58,"body":"you think is done deal. So you"},{"speaker":"Brandon Magierowski","startTime":1334.58,"endTime":1337.58,"body":"spend hours on that deal, and"},{"speaker":"Brandon Magierowski","startTime":1334.58,"endTime":1337.58,"body":"you get another one. And all of"},{"speaker":"Brandon Magierowski","startTime":1337.58,"endTime":1339.56,"body":"a sudden you got all this deal"},{"speaker":"Brandon Magierowski","startTime":1337.58,"endTime":1339.56,"body":"flow coming in, there's no way"},{"speaker":"Brandon Magierowski","startTime":1339.56,"endTime":1342.65,"body":"to filter it out. So we set up"},{"speaker":"Brandon Magierowski","startTime":1339.56,"endTime":1342.65,"body":"procedures within our group to"},{"speaker":"Brandon Magierowski","startTime":1342.65,"endTime":1346.31,"body":"say, if you get a deal sent to"},{"speaker":"Brandon Magierowski","startTime":1342.65,"endTime":1346.31,"body":"you do not send it to anybody"},{"speaker":"Brandon Magierowski","startTime":1346.31,"endTime":1350.48,"body":"else until it passes a and b."},{"speaker":"Brandon Magierowski","startTime":1346.31,"endTime":1350.48,"body":"And if it doesn't pass a and b,"},{"speaker":"Brandon Magierowski","startTime":1350.48,"endTime":1353.24,"body":"just reply to the broker and say"},{"speaker":"Brandon Magierowski","startTime":1350.48,"endTime":1353.24,"body":"this is just not our deal"},{"speaker":"Brandon Magierowski","startTime":1353.24,"endTime":1357.44,"body":"because of this. If it passes a"},{"speaker":"Brandon Magierowski","startTime":1353.24,"endTime":1357.44,"body":"and b, it goes to step C which"},{"speaker":"Brandon Magierowski","startTime":1357.44,"endTime":1360.98,"body":"goes to our underwriter, the"},{"speaker":"Brandon Magierowski","startTime":1357.44,"endTime":1360.98,"body":"underwriter it goes back to the"},{"speaker":"Brandon Magierowski","startTime":1360.98,"endTime":1363.98,"body":"team. And that's how we started"},{"speaker":"Brandon Magierowski","startTime":1360.98,"endTime":1363.98,"body":"vetting our deals. But early on,"},{"speaker":"Brandon Magierowski","startTime":1363.98,"endTime":1366.95,"body":"we made we made some mistakes."},{"speaker":"Brandon Magierowski","startTime":1363.98,"endTime":1366.95,"body":"And we're overwhelmed because we"},{"speaker":"Brandon Magierowski","startTime":1366.95,"endTime":1369.92,"body":"thought every deal that came"},{"speaker":"Brandon Magierowski","startTime":1366.95,"endTime":1369.92,"body":"across our table was the deal."},{"speaker":"Average Joe Finances","startTime":1370.19,"endTime":1372.29,"body":"Right?"},{"speaker":"Average Joe Finances","startTime":1370.19,"endTime":1372.29,"body":"Right. Yeah, this is a this is a"},{"speaker":"Average Joe Finances","startTime":1372.29,"endTime":1375.14,"body":"good way to save some time to"},{"speaker":"Average Joe Finances","startTime":1372.29,"endTime":1375.14,"body":"with with your underwriting,"},{"speaker":"Average Joe Finances","startTime":1375.14,"endTime":1377.21,"body":"right. So you're not"},{"speaker":"Average Joe Finances","startTime":1375.14,"endTime":1377.21,"body":"underwriting every single deal"},{"speaker":"Average Joe Finances","startTime":1377.21,"endTime":1379.73,"body":"that comes across your desk you"},{"speaker":"Average Joe Finances","startTime":1377.21,"endTime":1379.73,"body":"have, you know, if it doesn't"},{"speaker":"Average Joe Finances","startTime":1379.73,"endTime":1383.06,"body":"pass the sniff test. It's not"},{"speaker":"Average Joe Finances","startTime":1379.73,"endTime":1383.06,"body":"going any further. That's right."},{"speaker":"Average Joe Finances","startTime":1383.12,"endTime":1386.33,"body":"That's right. All right."},{"speaker":"Average Joe Finances","startTime":1383.12,"endTime":1386.33,"body":"Awesome. Okay, so was it"},{"speaker":"Average Joe Finances","startTime":1386.33,"endTime":1390.2,"body":"strictly going to the Neil Bauer"},{"speaker":"Average Joe Finances","startTime":1386.33,"endTime":1390.2,"body":"conference that made you decide"},{"speaker":"Average Joe Finances","startTime":1390.2,"endTime":1393.41,"body":"to get into multifamily? Or did"},{"speaker":"Average Joe Finances","startTime":1390.2,"endTime":1393.41,"body":"you know for sure, like as soon"},{"speaker":"Average Joe Finances","startTime":1393.41,"endTime":1396.29,"body":"as you were working with Ramsey,"},{"speaker":"Average Joe Finances","startTime":1393.41,"endTime":1396.29,"body":"that multifamily was the way to"},{"speaker":"Average Joe Finances","startTime":1396.29,"endTime":1399.35,"body":"go instead of like doing maybe"},{"speaker":"Average Joe Finances","startTime":1396.29,"endTime":1399.35,"body":"single family homes? Yeah,"},{"speaker":"Brandon Magierowski","startTime":1399.349,"endTime":1401.869,"body":"so from day"},{"speaker":"Brandon Magierowski","startTime":1399.349,"endTime":1401.869,"body":"one, Ramsey, was all about"},{"speaker":"Brandon Magierowski","startTime":1401.869,"endTime":1404.539,"body":"multifamily. And that's what he"},{"speaker":"Brandon Magierowski","startTime":1401.869,"endTime":1404.539,"body":"taught me from the very"},{"speaker":"Brandon Magierowski","startTime":1404.539,"endTime":1407.839,"body":"beginning. Basically, don't mess"},{"speaker":"Brandon Magierowski","startTime":1404.539,"endTime":1407.839,"body":"with single family multifamily"},{"speaker":"Brandon Magierowski","startTime":1407.839,"endTime":1410.509,"body":"multifamily multifamily. That's"},{"speaker":"Brandon Magierowski","startTime":1407.839,"endTime":1410.509,"body":"why we brought bought the three"},{"speaker":"Brandon Magierowski","startTime":1410.509,"endTime":1415.099,"body":"unit, and then the six unit and"},{"speaker":"Brandon Magierowski","startTime":1410.509,"endTime":1415.099,"body":"not any single family stuff. And"},{"speaker":"Brandon Magierowski","startTime":1415.099,"endTime":1417.919,"body":"then from there, it just, you"},{"speaker":"Brandon Magierowski","startTime":1415.099,"endTime":1417.919,"body":"know, you drive by these"},{"speaker":"Brandon Magierowski","startTime":1417.919,"endTime":1420.739,"body":"apartments and these bigger"},{"speaker":"Brandon Magierowski","startTime":1417.919,"endTime":1420.739,"body":"complexes and just look at them"},{"speaker":"Brandon Magierowski","startTime":1420.739,"endTime":1424.879,"body":"and say, How the hell are people"},{"speaker":"Brandon Magierowski","startTime":1420.739,"endTime":1424.879,"body":"buying these? Like, how is this"},{"speaker":"Brandon Magierowski","startTime":1424.879,"endTime":1428.479,"body":"done? There's no way someone's"},{"speaker":"Brandon Magierowski","startTime":1424.879,"endTime":1428.479,"body":"just stroking a check for $46"},{"speaker":"Brandon Magierowski","startTime":1428.479,"endTime":1433.429,"body":"million to get the deal. So you"},{"speaker":"Brandon Magierowski","startTime":1428.479,"endTime":1433.429,"body":"know, your wheels start turning"},{"speaker":"Brandon Magierowski","startTime":1433.429,"endTime":1436.489,"body":"and you want to get bigger than"},{"speaker":"Brandon Magierowski","startTime":1433.429,"endTime":1436.489,"body":"six units and bigger than eight"},{"speaker":"Brandon Magierowski","startTime":1436.489,"endTime":1440.899,"body":"units, you want to buy 2030 and"},{"speaker":"Brandon Magierowski","startTime":1436.489,"endTime":1440.899,"body":"get up to 200 units. And that's"},{"speaker":"Brandon Magierowski","startTime":1440.899,"endTime":1442.699,"body":"why we went to the conference"},{"speaker":"Brandon Magierowski","startTime":1440.899,"endTime":1442.699,"body":"and we spent some money on the"},{"speaker":"Brandon Magierowski","startTime":1442.699,"endTime":1447.799,"body":"education to say number one, how"},{"speaker":"Brandon Magierowski","startTime":1442.699,"endTime":1447.799,"body":"do you do it? And number two, is"},{"speaker":"Brandon Magierowski","startTime":1447.799,"endTime":1452.119,"body":"this realistic for us to do as w"},{"speaker":"Brandon Magierowski","startTime":1447.799,"endTime":1452.119,"body":"two employees? You know, we came"},{"speaker":"Brandon Magierowski","startTime":1452.119,"endTime":1455.869,"body":"back from the conference and it"},{"speaker":"Brandon Magierowski","startTime":1452.119,"endTime":1455.869,"body":"was information overload you're"},{"speaker":"Brandon Magierowski","startTime":1455.869,"endTime":1458.209,"body":"excited as can be and then you"},{"speaker":"Brandon Magierowski","startTime":1455.869,"endTime":1458.209,"body":"dial it back and go, Okay, how"},{"speaker":"Brandon Magierowski","startTime":1458.209,"endTime":1464.839,"body":"much time do I have to commit to"},{"speaker":"Brandon Magierowski","startTime":1458.209,"endTime":1464.839,"body":"this? My w two is my job. That's"},{"speaker":"Brandon Magierowski","startTime":1464.989,"endTime":1467.929,"body":"what I do. That's how I make"},{"speaker":"Brandon Magierowski","startTime":1464.989,"endTime":1467.929,"body":"money for my family. And this"},{"speaker":"Brandon Magierowski","startTime":1467.929,"endTime":1470.479,"body":"real estate is my passion and"},{"speaker":"Brandon Magierowski","startTime":1467.929,"endTime":1470.479,"body":"side hustle, how much time Can I"},{"speaker":"Brandon Magierowski","startTime":1470.479,"endTime":1474.589,"body":"put into it in is that enough"},{"speaker":"Brandon Magierowski","startTime":1470.479,"endTime":1474.589,"body":"time to be able to syndicate"},{"speaker":"Brandon Magierowski","startTime":1474.589,"endTime":1477.919,"body":"apartments, and if it's not dial"},{"speaker":"Brandon Magierowski","startTime":1474.589,"endTime":1477.919,"body":"it back a little bit? It's okay,"},{"speaker":"Brandon Magierowski","startTime":1477.919,"endTime":1480.649,"body":"what how much time do I have and"},{"speaker":"Brandon Magierowski","startTime":1477.919,"endTime":1480.649,"body":"what can I accomplish within"},{"speaker":"Brandon Magierowski","startTime":1480.649,"endTime":1481.459,"body":"that timeframe?"},{"speaker":"Average Joe Finances","startTime":1481.9,"endTime":1483.67,"body":"Right on"},{"speaker":"Average Joe Finances","startTime":1481.9,"endTime":1483.67,"body":"Yeah, that's, I think that's"},{"speaker":"Average Joe Finances","startTime":1483.67,"endTime":1486.7,"body":"another aspect that people don't"},{"speaker":"Average Joe Finances","startTime":1483.67,"endTime":1486.7,"body":"really look at too is the the"},{"speaker":"Average Joe Finances","startTime":1486.76,"endTime":1489.88,"body":"time commitment it takes"},{"speaker":"Average Joe Finances","startTime":1486.76,"endTime":1489.88,"body":"especially when you guys are"},{"speaker":"Average Joe Finances","startTime":1489.88,"endTime":1492.55,"body":"having deal flow. You know, the"},{"speaker":"Average Joe Finances","startTime":1489.88,"endTime":1492.55,"body":"time commitment it takes to"},{"speaker":"Average Joe Finances","startTime":1492.55,"endTime":1495.73,"body":"actually sit here and analyze"},{"speaker":"Average Joe Finances","startTime":1492.55,"endTime":1495.73,"body":"those deals. Is it gonna"},{"speaker":"Average Joe Finances","startTime":1495.73,"endTime":1499.33,"body":"overflow into your W two job or"},{"speaker":"Average Joe Finances","startTime":1495.73,"endTime":1499.33,"body":"are you okay with having some"},{"speaker":"Average Joe Finances","startTime":1499.33,"endTime":1503.02,"body":"late nights Making sure you do"},{"speaker":"Average Joe Finances","startTime":1499.33,"endTime":1503.02,"body":"proper due diligence and not"},{"speaker":"Average Joe Finances","startTime":1503.02,"endTime":1507.22,"body":"just jumping into something"},{"speaker":"Average Joe Finances","startTime":1503.02,"endTime":1507.22,"body":"because you rushed it. Right. So"},{"speaker":"Average Joe Finances","startTime":1507.25,"endTime":1508.99,"body":"that's a great point. Because"},{"speaker":"Average Joe Finances","startTime":1507.25,"endTime":1508.99,"body":"there's a lot of people that"},{"speaker":"Average Joe Finances","startTime":1508.99,"endTime":1512.5,"body":"listen to this show, and myself"},{"speaker":"Average Joe Finances","startTime":1508.99,"endTime":1512.5,"body":"included who you know, are w two"},{"speaker":"Average Joe Finances","startTime":1512.5,"endTime":1516.13,"body":"employees right now, and are"},{"speaker":"Average Joe Finances","startTime":1512.5,"endTime":1516.13,"body":"investing in real estate, and"},{"speaker":"Average Joe Finances","startTime":1516.31,"endTime":1519.1,"body":"they want to take it to that"},{"speaker":"Average Joe Finances","startTime":1516.31,"endTime":1519.1,"body":"next level to that next step and"},{"speaker":"Average Joe Finances","startTime":1519.1,"endTime":1522.4,"body":"get into multifamily. And"},{"speaker":"Average Joe Finances","startTime":1519.1,"endTime":1522.4,"body":"they're just not sure where to"},{"speaker":"Average Joe Finances","startTime":1522.4,"endTime":1524.95,"body":"start. So I think, you know,"},{"speaker":"Average Joe Finances","startTime":1522.4,"endTime":1524.95,"body":"some of some of the things we're"},{"speaker":"Average Joe Finances","startTime":1524.95,"endTime":1527.26,"body":"getting out of this conversation"},{"speaker":"Average Joe Finances","startTime":1524.95,"endTime":1527.26,"body":"right here is number one,"},{"speaker":"Average Joe Finances","startTime":1527.53,"endTime":1533.32,"body":"education to build an awesome"},{"speaker":"Average Joe Finances","startTime":1527.53,"endTime":1533.32,"body":"team people that compliment you,"},{"speaker":"Average Joe Finances","startTime":1533.32,"endTime":1535.66,"body":"you know, people that can pick"},{"speaker":"Average Joe Finances","startTime":1533.32,"endTime":1535.66,"body":"up on your weaknesses, and you"},{"speaker":"Average Joe Finances","startTime":1535.66,"endTime":1540.49,"body":"can pick up on their weaknesses."},{"speaker":"Average Joe Finances","startTime":1535.66,"endTime":1540.49,"body":"And then three is finding the"},{"speaker":"Average Joe Finances","startTime":1540.49,"endTime":1544.03,"body":"right market. And then for, you"},{"speaker":"Average Joe Finances","startTime":1540.49,"endTime":1544.03,"body":"know, making sure you have the"},{"speaker":"Average Joe Finances","startTime":1544.03,"endTime":1548.32,"body":"right time commitment that you"},{"speaker":"Average Joe Finances","startTime":1544.03,"endTime":1548.32,"body":"can provide to be involved in"},{"speaker":"Average Joe Finances","startTime":1548.32,"endTime":1552.4,"body":"something like this. Now, let's"},{"speaker":"Average Joe Finances","startTime":1548.32,"endTime":1552.4,"body":"say somebody wants to get into"},{"speaker":"Average Joe Finances","startTime":1552.4,"endTime":1555.85,"body":"multifamily real estate, and"},{"speaker":"Average Joe Finances","startTime":1552.4,"endTime":1555.85,"body":"they just don't have the time to"},{"speaker":"Average Joe Finances","startTime":1555.85,"endTime":1558.46,"body":"commit. You know, they're"},{"speaker":"Average Joe Finances","startTime":1555.85,"endTime":1558.46,"body":"they're busy working"},{"speaker":"Average Joe Finances","startTime":1558.46,"endTime":1561.46,"body":"professional, they have some"},{"speaker":"Average Joe Finances","startTime":1558.46,"endTime":1561.46,"body":"money, they want to invest, but"},{"speaker":"Average Joe Finances","startTime":1561.67,"endTime":1564.52,"body":"they don't have the time to come"},{"speaker":"Average Joe Finances","startTime":1561.67,"endTime":1564.52,"body":"in and be a general partner,"},{"speaker":"Average Joe Finances","startTime":1564.52,"endTime":1565.78,"body":"what else what else could they"},{"speaker":"Average Joe Finances","startTime":1564.52,"endTime":1565.78,"body":"do?"},{"speaker":"Average Joe Finances","startTime":1566.02,"endTime":1569.29,"body":"Let's take a brief moment to"},{"speaker":"Average Joe Finances","startTime":1566.02,"endTime":1569.29,"body":"hear from our show sponsors."},{"speaker":"Average Joe Finances","startTime":1569.41,"endTime":1571.78,"body":"What's going on everybody? So"},{"speaker":"Average Joe Finances","startTime":1569.41,"endTime":1571.78,"body":"today, I want to talk to you"},{"speaker":"Average Joe Finances","startTime":1571.78,"endTime":1574.39,"body":"about the podcast editing"},{"speaker":"Average Joe Finances","startTime":1571.78,"endTime":1574.39,"body":"service that we use for the"},{"speaker":"Average Joe Finances","startTime":1574.39,"endTime":1579.1,"body":"Average Joe Finances podcast"},{"speaker":"Average Joe Finances","startTime":1574.39,"endTime":1579.1,"body":"that is editpods.com. And what I"},{"speaker":"Average Joe Finances","startTime":1579.1,"endTime":1582.73,"body":"really like about them is it's a"},{"speaker":"Average Joe Finances","startTime":1579.1,"endTime":1582.73,"body":"subscription based service. So"},{"speaker":"Average Joe Finances","startTime":1582.73,"endTime":1586.93,"body":"the prices are fantastic. And"},{"speaker":"Average Joe Finances","startTime":1582.73,"endTime":1586.93,"body":"not only do they do the podcast"},{"speaker":"Average Joe Finances","startTime":1586.93,"endTime":1590.41,"body":"episodes for us, but they also"},{"speaker":"Average Joe Finances","startTime":1586.93,"endTime":1590.41,"body":"make us videos, audio, Graham's"},{"speaker":"Average Joe Finances","startTime":1590.44,"endTime":1593.41,"body":"social media caption videos,"},{"speaker":"Average Joe Finances","startTime":1590.44,"endTime":1593.41,"body":"they do our show notes,"},{"speaker":"Average Joe Finances","startTime":1593.44,"endTime":1597.61,"body":"thumbnails, it's just fantastic"},{"speaker":"Average Joe Finances","startTime":1593.44,"endTime":1597.61,"body":"products, go check them out at"},{"speaker":"Average Joe Finances","startTime":1597.67,"endTime":1601.84,"body":"editpods.com What's going on"},{"speaker":"Average Joe Finances","startTime":1597.67,"endTime":1601.84,"body":"everybody. So today, I want to"},{"speaker":"Average Joe Finances","startTime":1601.84,"endTime":1605.35,"body":"talk to you about Buzzsprout."},{"speaker":"Average Joe Finances","startTime":1601.84,"endTime":1605.35,"body":"The Average Joe Finances podcast"},{"speaker":"Average Joe Finances","startTime":1605.35,"endTime":1608.38,"body":"recently switched over to"},{"speaker":"Average Joe Finances","startTime":1605.35,"endTime":1608.38,"body":"Buzzsprout. And I gotta say, I"},{"speaker":"Average Joe Finances","startTime":1608.38,"endTime":1611.44,"body":"am super happy with the"},{"speaker":"Average Joe Finances","startTime":1608.38,"endTime":1611.44,"body":"progress. Our podcast is now on"},{"speaker":"Average Joe Finances","startTime":1611.47,"endTime":1614.8,"body":"every single major platform and"},{"speaker":"Average Joe Finances","startTime":1611.47,"endTime":1614.8,"body":"reaching audiences that we"},{"speaker":"Average Joe Finances","startTime":1614.8,"endTime":1618.79,"body":"couldn't reach before, which is"},{"speaker":"Average Joe Finances","startTime":1614.8,"endTime":1618.79,"body":"just super awesome. So thank you"},{"speaker":"Average Joe Finances","startTime":1618.79,"endTime":1621.4,"body":"to Buzzsprout for being such a"},{"speaker":"Average Joe Finances","startTime":1618.79,"endTime":1621.4,"body":"great platform. But also I want"},{"speaker":"Average Joe Finances","startTime":1621.4,"endTime":1624.34,"body":"to say, Hey, guys, if you sign"},{"speaker":"Average Joe Finances","startTime":1621.4,"endTime":1624.34,"body":"up for Buzzsprout, and you sign"},{"speaker":"Average Joe Finances","startTime":1624.34,"endTime":1627.58,"body":"up for their paid plans using"},{"speaker":"Average Joe Finances","startTime":1624.34,"endTime":1627.58,"body":"our link, you'll get a $20"},{"speaker":"Average Joe Finances","startTime":1627.58,"endTime":1630.13,"body":"amazon gift card. So go check"},{"speaker":"Average Joe Finances","startTime":1627.58,"endTime":1630.13,"body":"them out. It's"},{"speaker":"Average Joe Finances","startTime":1630.16,"endTime":1634.18,"body":"AverageJoefinances.com/buzzsprout."},{"speaker":"Average Joe Finances","startTime":1630.16,"endTime":1634.18,"body":"And we'll make sure the link is"},{"speaker":"Average Joe Finances","startTime":1634.18,"endTime":1638.35,"body":"in the show notes below. Let's"},{"speaker":"Average Joe Finances","startTime":1634.18,"endTime":1638.35,"body":"get back to today's episode."},{"speaker":"Average Joe Finances","startTime":1639.619,"endTime":1643.759,"body":"You're listening to the Average"},{"speaker":"Average Joe Finances","startTime":1639.619,"endTime":1643.759,"body":"Joe Finances podcast, whether"},{"speaker":"Average Joe Finances","startTime":1643.759,"endTime":1648.049,"body":"it's single or multifamily real"},{"speaker":"Average Joe Finances","startTime":1643.759,"endTime":1648.049,"body":"estate, the stock market or side"},{"speaker":"Average Joe Finances","startTime":1648.049,"endTime":1652.339,"body":"hustles, we discuss it all strap"},{"speaker":"Average Joe Finances","startTime":1648.049,"endTime":1652.339,"body":"in and enjoy the ride."},{"speaker":"Brandon Magierowski","startTime":1653.27,"endTime":1654.2,"body":"Well,"},{"speaker":"Brandon Magierowski","startTime":1653.27,"endTime":1654.2,"body":"that's where you come on as a"},{"speaker":"Brandon Magierowski","startTime":1654.2,"endTime":1657.56,"body":"limited partner on these deals,"},{"speaker":"Brandon Magierowski","startTime":1654.2,"endTime":1657.56,"body":"which is is how these apartment"},{"speaker":"Brandon Magierowski","startTime":1657.56,"endTime":1659.96,"body":"complexes are purchased is"},{"speaker":"Brandon Magierowski","startTime":1657.56,"endTime":1659.96,"body":"there's a general partnership"},{"speaker":"Brandon Magierowski","startTime":1659.96,"endTime":1662.12,"body":"group which basically leads the"},{"speaker":"Brandon Magierowski","startTime":1659.96,"endTime":1662.12,"body":"ship, they're running the"},{"speaker":"Brandon Magierowski","startTime":1662.12,"endTime":1664.76,"body":"business, they're creating the"},{"speaker":"Brandon Magierowski","startTime":1662.12,"endTime":1664.76,"body":"business plan, they're going out"},{"speaker":"Brandon Magierowski","startTime":1664.76,"endTime":1667.37,"body":"and finding the deal,"},{"speaker":"Brandon Magierowski","startTime":1664.76,"endTime":1667.37,"body":"negotiating and get it under"},{"speaker":"Brandon Magierowski","startTime":1667.37,"endTime":1671.51,"body":"contract. And they come back to"},{"speaker":"Brandon Magierowski","startTime":1667.37,"endTime":1671.51,"body":"these busy professionals that"},{"speaker":"Brandon Magierowski","startTime":1671.51,"endTime":1675.56,"body":"have additional capital sitting"},{"speaker":"Brandon Magierowski","startTime":1671.51,"endTime":1675.56,"body":"in the bank account making 1%"},{"speaker":"Brandon Magierowski","startTime":1675.56,"endTime":1678.26,"body":"interest fighting it's inflation"},{"speaker":"Brandon Magierowski","startTime":1675.56,"endTime":1678.26,"body":"that that money needs to get to"},{"speaker":"Brandon Magierowski","startTime":1678.26,"endTime":1682.19,"body":"work. But they don't have the"},{"speaker":"Brandon Magierowski","startTime":1678.26,"endTime":1682.19,"body":"time to vet the deals, or"},{"speaker":"Brandon Magierowski","startTime":1682.22,"endTime":1686.3,"body":"negotiate with the broker or do"},{"speaker":"Brandon Magierowski","startTime":1682.22,"endTime":1686.3,"body":"the underwriting. So we bring"},{"speaker":"Brandon Magierowski","startTime":1686.3,"endTime":1689.0,"body":"the deal to them and say, Hey,"},{"speaker":"Brandon Magierowski","startTime":1686.3,"endTime":1689.0,"body":"here's here's an opportunity to"},{"speaker":"Brandon Magierowski","startTime":1689.0,"endTime":1692.78,"body":"put your money to work. As a"},{"speaker":"Brandon Magierowski","startTime":1689.0,"endTime":1692.78,"body":"passive investor, you give the"},{"speaker":"Brandon Magierowski","startTime":1692.78,"endTime":1695.9,"body":"money, you put your feet on the"},{"speaker":"Brandon Magierowski","startTime":1692.78,"endTime":1695.9,"body":"desk, and you get your returns."},{"speaker":"Brandon Magierowski","startTime":1695.93,"endTime":1698.81,"body":"And these returns that we're"},{"speaker":"Brandon Magierowski","startTime":1695.93,"endTime":1698.81,"body":"looking at are you looking at 10"},{"speaker":"Brandon Magierowski","startTime":1698.81,"endTime":1703.97,"body":"to 12% cash on cash returns 15%"},{"speaker":"Brandon Magierowski","startTime":1698.81,"endTime":1703.97,"body":"IRR, basically doubling your"},{"speaker":"Brandon Magierowski","startTime":1703.97,"endTime":1708.5,"body":"money in five to six years, plus"},{"speaker":"Brandon Magierowski","startTime":1703.97,"endTime":1708.5,"body":"all the tax advantages. And"},{"speaker":"Brandon Magierowski","startTime":1708.5,"endTime":1713.0,"body":"that's why these busy"},{"speaker":"Brandon Magierowski","startTime":1708.5,"endTime":1713.0,"body":"professionals that are super"},{"speaker":"Brandon Magierowski","startTime":1713.0,"endTime":1716.09,"body":"successful in real estate are"},{"speaker":"Brandon Magierowski","startTime":1713.0,"endTime":1716.09,"body":"just getting in on the passive"},{"speaker":"Brandon Magierowski","startTime":1716.09,"endTime":1720.41,"body":"side, finding a GP group that"},{"speaker":"Brandon Magierowski","startTime":1716.09,"endTime":1720.41,"body":"you trust, looking at their"},{"speaker":"Brandon Magierowski","startTime":1720.41,"endTime":1723.56,"body":"track record, seeing who the"},{"speaker":"Brandon Magierowski","startTime":1720.41,"endTime":1723.56,"body":"partner partner GP are on that"},{"speaker":"Brandon Magierowski","startTime":1723.56,"endTime":1727.37,"body":"deal. And saying if I give them"},{"speaker":"Brandon Magierowski","startTime":1723.56,"endTime":1727.37,"body":"50,000 I know it's going to be"},{"speaker":"Brandon Magierowski","startTime":1727.37,"endTime":1731.33,"body":"protected. And I'm more more"},{"speaker":"Brandon Magierowski","startTime":1727.37,"endTime":1731.33,"body":"oftentimes and not they're going"},{"speaker":"Brandon Magierowski","startTime":1731.33,"endTime":1734.99,"body":"to hit the returns that they're"},{"speaker":"Brandon Magierowski","startTime":1731.33,"endTime":1734.99,"body":"promising. So that's how you do"},{"speaker":"Brandon Magierowski","startTime":1734.99,"endTime":1738.35,"body":"it if you're a busy professional"},{"speaker":"Brandon Magierowski","startTime":1734.99,"endTime":1738.35,"body":"and you have capital sitting in"},{"speaker":"Brandon Magierowski","startTime":1738.35,"endTime":1742.25,"body":"the bank, put it to work on the"},{"speaker":"Brandon Magierowski","startTime":1738.35,"endTime":1742.25,"body":"limited partner side and there"},{"speaker":"Brandon Magierowski","startTime":1742.25,"endTime":1746.87,"body":"are hundreds of solid GP groups"},{"speaker":"Brandon Magierowski","startTime":1742.25,"endTime":1746.87,"body":"around the country putting deals"},{"speaker":"Brandon Magierowski","startTime":1746.87,"endTime":1749.93,"body":"together and they are looking"},{"speaker":"Brandon Magierowski","startTime":1746.87,"endTime":1749.93,"body":"for you"},{"speaker":"Average Joe Finances","startTime":1750.65,"endTime":1752.42,"body":"right on"},{"speaker":"Average Joe Finances","startTime":1750.65,"endTime":1752.42,"body":"yeah and you know that's that's"},{"speaker":"Average Joe Finances","startTime":1752.42,"endTime":1755.63,"body":"part of your your job as limited"},{"speaker":"Average Joe Finances","startTime":1752.42,"endTime":1755.63,"body":"partners to do your due"},{"speaker":"Average Joe Finances","startTime":1755.63,"endTime":1758.87,"body":"diligence on the group you're"},{"speaker":"Average Joe Finances","startTime":1755.63,"endTime":1758.87,"body":"going to go in with making sure"},{"speaker":"Average Joe Finances","startTime":1758.87,"endTime":1762.02,"body":"that you know you look their"},{"speaker":"Average Joe Finances","startTime":1758.87,"endTime":1762.02,"body":"history and understand what"},{"speaker":"Average Joe Finances","startTime":1762.02,"endTime":1765.92,"body":"they've done what their"},{"speaker":"Average Joe Finances","startTime":1762.02,"endTime":1765.92,"body":"experiences. So that's that's"},{"speaker":"Average Joe Finances","startTime":1765.92,"endTime":1769.88,"body":"all fantastic advice. Really"},{"speaker":"Average Joe Finances","startTime":1765.92,"endTime":1769.88,"body":"appreciate that. So now for you"},{"speaker":"Average Joe Finances","startTime":1769.88,"endTime":1774.32,"body":"guys, you you currently You said"},{"speaker":"Average Joe Finances","startTime":1769.88,"endTime":1774.32,"body":"you have a hotel under contract"},{"speaker":"Average Joe Finances","startTime":1774.32,"endTime":1776.93,"body":"right now right or is it already"},{"speaker":"Average Joe Finances","startTime":1774.32,"endTime":1776.93,"body":"did you guys close on that yet?"},{"speaker":"Brandon Magierowski","startTime":1777.049,"endTime":1780.379,"body":"We close on"},{"speaker":"Brandon Magierowski","startTime":1777.049,"endTime":1780.379,"body":"June 11. That's fantastic weeks."},{"speaker":"Brandon Magierowski","startTime":1780.619,"endTime":1783.499,"body":"We didn't close on the tenure"},{"speaker":"Brandon Magierowski","startTime":1780.619,"endTime":1783.499,"body":"the tenure deal was a cash deal."},{"speaker":"Brandon Magierowski","startTime":1783.889,"endTime":1788.179,"body":"Right that it hit our inbox at"},{"speaker":"Brandon Magierowski","startTime":1783.889,"endTime":1788.179,"body":"1pm we had an offer and dead day"},{"speaker":"Brandon Magierowski","startTime":1788.179,"endTime":1792.409,"body":"at five best and final was due"},{"speaker":"Brandon Magierowski","startTime":1788.179,"endTime":1792.409,"body":"the following day. At five. We"},{"speaker":"Brandon Magierowski","startTime":1792.409,"endTime":1798.259,"body":"ended up paying $50,000 over"},{"speaker":"Brandon Magierowski","startTime":1792.409,"endTime":1798.259,"body":"asking to get the deal as a cash"},{"speaker":"Brandon Magierowski","startTime":1798.259,"endTime":1801.619,"body":"deal and it's it's Going to be"},{"speaker":"Brandon Magierowski","startTime":1798.259,"endTime":1801.619,"body":"the birth strategy, right?"},{"speaker":"Brandon Magierowski","startTime":1801.619,"endTime":1803.899,"body":"Nobody cash we're going to go"},{"speaker":"Brandon Magierowski","startTime":1801.619,"endTime":1803.899,"body":"in, there's five units down to"},{"speaker":"Brandon Magierowski","startTime":1803.899,"endTime":1807.409,"body":"the studs. We're going to go in"},{"speaker":"Brandon Magierowski","startTime":1803.899,"endTime":1807.409,"body":"refinance to a construction"},{"speaker":"Brandon Magierowski","startTime":1807.409,"endTime":1811.399,"body":"loan, fix up the five units, get"},{"speaker":"Brandon Magierowski","startTime":1807.409,"endTime":1811.399,"body":"them all rented refi into a long"},{"speaker":"Brandon Magierowski","startTime":1811.399,"endTime":1814.849,"body":"term, get our capital back out"},{"speaker":"Brandon Magierowski","startTime":1811.399,"endTime":1814.849,"body":"the eight unit. Hotel was"},{"speaker":"Brandon Magierowski","startTime":1814.849,"endTime":1821.449,"body":"actually a true off market deal."},{"speaker":"Brandon Magierowski","startTime":1814.849,"endTime":1821.449,"body":"Ramsey family friend, wife and"},{"speaker":"Brandon Magierowski","startTime":1821.449,"endTime":1825.769,"body":"husband owned a eight unit hotel"},{"speaker":"Brandon Magierowski","startTime":1821.449,"endTime":1825.769,"body":"used to be a bank, they"},{"speaker":"Brandon Magierowski","startTime":1825.769,"endTime":1829.279,"body":"converted into an eight unit"},{"speaker":"Brandon Magierowski","startTime":1825.769,"endTime":1829.279,"body":"hotel really unique property. I"},{"speaker":"Brandon Magierowski","startTime":1829.279,"endTime":1834.499,"body":"mean, turnkey class, a no capex,"},{"speaker":"Brandon Magierowski","startTime":1829.279,"endTime":1834.499,"body":"no rehab needed, her husband"},{"speaker":"Brandon Magierowski","startTime":1834.499,"endTime":1838.609,"body":"passed. She doesn't want to deal"},{"speaker":"Brandon Magierowski","startTime":1834.499,"endTime":1838.609,"body":"with it anymore. And she brought"},{"speaker":"Brandon Magierowski","startTime":1838.609,"endTime":1842.359,"body":"the deal to Ramsey because she"},{"speaker":"Brandon Magierowski","startTime":1838.609,"endTime":1842.359,"body":"knows Ramsey and trust Ramsey,"},{"speaker":"Brandon Magierowski","startTime":1842.869,"endTime":1847.429,"body":"and Ramsey negotiated it. We're"},{"speaker":"Brandon Magierowski","startTime":1842.869,"endTime":1847.429,"body":"getting in at a very, very good"},{"speaker":"Brandon Magierowski","startTime":1847.429,"endTime":1851.299,"body":"price. eight units close in a"},{"speaker":"Brandon Magierowski","startTime":1847.429,"endTime":1851.299,"body":"couple of weeks. So yeah, within"},{"speaker":"Brandon Magierowski","startTime":1851.299,"endTime":1855.319,"body":"a matter of a month, we've just"},{"speaker":"Brandon Magierowski","startTime":1851.299,"endTime":1855.319,"body":"added 18 units to our portfolio."},{"speaker":"Average Joe Finances","startTime":1855.619,"endTime":1856.969,"body":"Yeah,"},{"speaker":"Average Joe Finances","startTime":1855.619,"endTime":1856.969,"body":"that's, that's amazing. Yeah."},{"speaker":"Average Joe Finances","startTime":1856.999,"endTime":1860.089,"body":"Are you? Are you guys planning"},{"speaker":"Average Joe Finances","startTime":1856.999,"endTime":1860.089,"body":"to keep it a hotel? Are you"},{"speaker":"Average Joe Finances","startTime":1860.089,"endTime":1862.969,"body":"going to convert it into an"},{"speaker":"Average Joe Finances","startTime":1860.089,"endTime":1862.969,"body":"apartment? what's what's the"},{"speaker":"Average Joe Finances","startTime":1862.969,"endTime":1863.569,"body":"deal with that?"},{"speaker":"Brandon Magierowski","startTime":1863.69,"endTime":1866.69,"body":"So the plan"},{"speaker":"Brandon Magierowski","startTime":1863.69,"endTime":1866.69,"body":"is to convert probably two units"},{"speaker":"Brandon Magierowski","startTime":1866.69,"endTime":1871.13,"body":"to Airbnb, short term, keep six"},{"speaker":"Brandon Magierowski","startTime":1866.69,"endTime":1871.13,"body":"units and just test the process,"},{"speaker":"Brandon Magierowski","startTime":1871.16,"endTime":1875.78,"body":"try to bring a younger crowd"},{"speaker":"Brandon Magierowski","startTime":1871.16,"endTime":1875.78,"body":"into the Airbnb units. test set"},{"speaker":"Brandon Magierowski","startTime":1875.78,"endTime":1878.81,"body":"out for six months, if it's"},{"speaker":"Brandon Magierowski","startTime":1875.78,"endTime":1878.81,"body":"super successful, we'll convert"},{"speaker":"Brandon Magierowski","startTime":1878.81,"endTime":1882.65,"body":"to more units and have half and"},{"speaker":"Brandon Magierowski","startTime":1878.81,"endTime":1882.65,"body":"half. With that hotel, there's a"},{"speaker":"Brandon Magierowski","startTime":1882.65,"endTime":1887.9,"body":"lot of 40 plus people that come"},{"speaker":"Brandon Magierowski","startTime":1882.65,"endTime":1887.9,"body":"to the small town that are"},{"speaker":"Brandon Magierowski","startTime":1887.9,"endTime":1891.59,"body":"looking for that hometown feel"},{"speaker":"Brandon Magierowski","startTime":1887.9,"endTime":1891.59,"body":"they've been going there for"},{"speaker":"Brandon Magierowski","startTime":1891.59,"endTime":1894.26,"body":"years, we don't want to just"},{"speaker":"Brandon Magierowski","startTime":1891.59,"endTime":1894.26,"body":"strip that away from home and"},{"speaker":"Brandon Magierowski","startTime":1894.26,"endTime":1897.26,"body":"give them a key code with no PR,"},{"speaker":"Brandon Magierowski","startTime":1894.26,"endTime":1897.26,"body":"no hospitality and say, Hey,"},{"speaker":"Brandon Magierowski","startTime":1897.26,"endTime":1900.23,"body":"have fun. So we're going to go"},{"speaker":"Brandon Magierowski","startTime":1897.26,"endTime":1900.23,"body":"in with a little bit of a hybrid"},{"speaker":"Brandon Magierowski","startTime":1900.23,"endTime":1900.86,"body":"strategy."},{"speaker":"Average Joe Finances","startTime":1901.22,"endTime":1903.32,"body":"Okay,"},{"speaker":"Average Joe Finances","startTime":1901.22,"endTime":1903.32,"body":"right on. So you guys have like"},{"speaker":"Average Joe Finances","startTime":1904.19,"endTime":1907.19,"body":"a team on site that you know,"},{"speaker":"Average Joe Finances","startTime":1904.19,"endTime":1907.19,"body":"like turndown services and"},{"speaker":"Average Joe Finances","startTime":1907.19,"endTime":1908.15,"body":"things like that."},{"speaker":"Brandon Magierowski","startTime":1908.599,"endTime":1910.069,"body":"What does"},{"speaker":"Brandon Magierowski","startTime":1908.599,"endTime":1910.069,"body":"others have right now, there's a"},{"speaker":"Brandon Magierowski","startTime":1910.069,"endTime":1914.419,"body":"property manager that's been"},{"speaker":"Brandon Magierowski","startTime":1910.069,"endTime":1914.419,"body":"running that property since they"},{"speaker":"Brandon Magierowski","startTime":1914.419,"endTime":1918.259,"body":"converted it 10 years ago, I"},{"speaker":"Brandon Magierowski","startTime":1914.419,"endTime":1918.259,"body":"believe it was Wow. So she's"},{"speaker":"Brandon Magierowski","startTime":1918.289,"endTime":1920.929,"body":"born and raised in the city. She"},{"speaker":"Brandon Magierowski","startTime":1918.289,"endTime":1920.929,"body":"knows the entire history of the"},{"speaker":"Brandon Magierowski","startTime":1920.929,"endTime":1925.159,"body":"city. She's a phenomenal person."},{"speaker":"Brandon Magierowski","startTime":1920.929,"endTime":1925.159,"body":"And she's already provided"},{"speaker":"Brandon Magierowski","startTime":1925.159,"endTime":1930.709,"body":"several ideas on how to cut"},{"speaker":"Brandon Magierowski","startTime":1925.159,"endTime":1930.709,"body":"expenses, improve processes"},{"speaker":"Brandon Magierowski","startTime":1930.739,"endTime":1934.039,"body":"become more efficient. There's"},{"speaker":"Brandon Magierowski","startTime":1930.739,"endTime":1934.039,"body":"right now we're looking at if we"},{"speaker":"Brandon Magierowski","startTime":1934.039,"endTime":1939.289,"body":"can cut the expenses by 20% and"},{"speaker":"Brandon Magierowski","startTime":1934.039,"endTime":1939.289,"body":"increase occupancy by 5% data"},{"speaker":"Brandon Magierowski","startTime":1939.289,"endTime":1942.649,"body":"via cash flowing machine. And"},{"speaker":"Brandon Magierowski","startTime":1939.289,"endTime":1942.649,"body":"that's very executable. So we're"},{"speaker":"Brandon Magierowski","startTime":1942.649,"endTime":1945.049,"body":"going to keep the current"},{"speaker":"Brandon Magierowski","startTime":1942.649,"endTime":1945.049,"body":"property manager in place."},{"speaker":"Brandon Magierowski","startTime":1945.469,"endTime":1949.459,"body":"Because I think she's kind of"},{"speaker":"Brandon Magierowski","startTime":1945.469,"endTime":1949.459,"body":"she's kind of the icing on the"},{"speaker":"Brandon Magierowski","startTime":1949.459,"endTime":1950.839,"body":"cake on that property."},{"speaker":"Average Joe Finances","startTime":1951.17,"endTime":1953.27,"body":"Okay,"},{"speaker":"Average Joe Finances","startTime":1951.17,"endTime":1953.27,"body":"right on. Yeah, that's, that"},{"speaker":"Average Joe Finances","startTime":1953.27,"endTime":1957.83,"body":"sounds like a pretty good win"},{"speaker":"Average Joe Finances","startTime":1953.27,"endTime":1957.83,"body":"right there. So good deal"},{"speaker":"Brandon Magierowski","startTime":1958.2,"endTime":1959.67,"body":"And back to"},{"speaker":"Brandon Magierowski","startTime":1958.2,"endTime":1959.67,"body":"the team, you know, we set it"},{"speaker":"Brandon Magierowski","startTime":1959.67,"endTime":1963.36,"body":"up, there's, there's four people"},{"speaker":"Brandon Magierowski","startTime":1959.67,"endTime":1963.36,"body":"in that deal as a JV and back"},{"speaker":"Brandon Magierowski","startTime":1963.36,"endTime":1966.63,"body":"to, you know, building the team"},{"speaker":"Brandon Magierowski","startTime":1963.36,"endTime":1966.63,"body":"and building off each other's"},{"speaker":"Brandon Magierowski","startTime":1966.63,"endTime":1970.38,"body":"strengths. Ramsey's project"},{"speaker":"Brandon Magierowski","startTime":1966.63,"endTime":1970.38,"body":"lead. So Randy is going to take"},{"speaker":"Brandon Magierowski","startTime":1970.38,"endTime":1974.1,"body":"the vision, implement the"},{"speaker":"Brandon Magierowski","startTime":1970.38,"endTime":1974.1,"body":"Airbnb, the decor, the"},{"speaker":"Brandon Magierowski","startTime":1974.1,"endTime":1977.13,"body":"processes, and I'm going to come"},{"speaker":"Brandon Magierowski","startTime":1974.1,"endTime":1977.13,"body":"in on the back end and implement"},{"speaker":"Brandon Magierowski","startTime":1977.13,"endTime":1980.28,"body":"all the administration"},{"speaker":"Brandon Magierowski","startTime":1977.13,"endTime":1980.28,"body":"requirements to have that"},{"speaker":"Brandon Magierowski","startTime":1980.28,"endTime":1984.63,"body":"property performing. The other"},{"speaker":"Brandon Magierowski","startTime":1980.28,"endTime":1984.63,"body":"two partners are basically"},{"speaker":"Brandon Magierowski","startTime":1984.99,"endTime":1987.78,"body":"voting rights, they live far"},{"speaker":"Brandon Magierowski","startTime":1984.99,"endTime":1987.78,"body":"away, you know, they check in on"},{"speaker":"Brandon Magierowski","startTime":1987.78,"endTime":1990.99,"body":"the property here and there. So"},{"speaker":"Brandon Magierowski","startTime":1987.78,"endTime":1990.99,"body":"that's, again, we, we found the"},{"speaker":"Brandon Magierowski","startTime":1990.99,"endTime":1993.84,"body":"team that can complement each"},{"speaker":"Brandon Magierowski","startTime":1990.99,"endTime":1993.84,"body":"other to execute that property."},{"speaker":"Average Joe Finances","startTime":1994.14,"endTime":1995.61,"body":"No, that's"},{"speaker":"Average Joe Finances","startTime":1994.14,"endTime":1995.61,"body":"phenomenal. I mean, that's,"},{"speaker":"Average Joe Finances","startTime":1995.76,"endTime":1998.76,"body":"that's the right way to do it."},{"speaker":"Average Joe Finances","startTime":1995.76,"endTime":1998.76,"body":"Like I like the way you know,"},{"speaker":"Average Joe Finances","startTime":1998.79,"endTime":2001.79,"body":"when you explained earlier, like"},{"speaker":"Average Joe Finances","startTime":1998.79,"endTime":2001.79,"body":"when you have somebody that can"},{"speaker":"Average Joe Finances","startTime":2001.85,"endTime":2005.42,"body":"pick up where you're weak, you"},{"speaker":"Average Joe Finances","startTime":2001.85,"endTime":2005.42,"body":"know, and then you can pick up"},{"speaker":"Average Joe Finances","startTime":2005.42,"endTime":2007.97,"body":"where they're weak and just, you"},{"speaker":"Average Joe Finances","startTime":2005.42,"endTime":2007.97,"body":"know, kind of cover each other's"},{"speaker":"Average Joe Finances","startTime":2008.6,"endTime":2011.66,"body":"You know, you're covering each"},{"speaker":"Average Joe Finances","startTime":2008.6,"endTime":2011.66,"body":"other's backs. And when you have"},{"speaker":"Average Joe Finances","startTime":2011.69,"endTime":2014.48,"body":"a relationship like that, where"},{"speaker":"Average Joe Finances","startTime":2011.69,"endTime":2014.48,"body":"you can trust a trust each other"},{"speaker":"Average Joe Finances","startTime":2014.48,"endTime":2019.22,"body":"like that, it just makes it you"},{"speaker":"Average Joe Finances","startTime":2014.48,"endTime":2019.22,"body":"know, flow so much better, and"},{"speaker":"Average Joe Finances","startTime":2019.22,"endTime":2022.22,"body":"build a really good cohesive"},{"speaker":"Average Joe Finances","startTime":2019.22,"endTime":2022.22,"body":"team. And that's, you know, back"},{"speaker":"Average Joe Finances","startTime":2022.22,"endTime":2024.74,"body":"to the whole point of why it's"},{"speaker":"Average Joe Finances","startTime":2022.22,"endTime":2024.74,"body":"important to have such a good"},{"speaker":"Average Joe Finances","startTime":2024.74,"endTime":2027.95,"body":"team, especially when you're"},{"speaker":"Average Joe Finances","startTime":2024.74,"endTime":2027.95,"body":"investing in larger multifamily,"},{"speaker":"Average Joe Finances","startTime":2028.01,"endTime":2028.91,"body":"you know, assets,"},{"speaker":"Brandon Magierowski","startTime":2029.15,"endTime":2033.26,"body":"accountability"},{"speaker":"Brandon Magierowski","startTime":2029.15,"endTime":2033.26,"body":"and trust absolutely. With"},{"speaker":"Brandon Magierowski","startTime":2033.26,"endTime":2036.65,"body":"Randy's experience in the Navy,"},{"speaker":"Brandon Magierowski","startTime":2033.26,"endTime":2036.65,"body":"Joe, his experience in the Navy,"},{"speaker":"Brandon Magierowski","startTime":2036.65,"endTime":2041.12,"body":"my experience in, in sports and"},{"speaker":"Brandon Magierowski","startTime":2036.65,"endTime":2041.12,"body":"collegiate baseball, and rugby"},{"speaker":"Brandon Magierowski","startTime":2041.12,"endTime":2045.44,"body":"ball. In running a business,"},{"speaker":"Brandon Magierowski","startTime":2041.12,"endTime":2045.44,"body":"we've all interacted with"},{"speaker":"Brandon Magierowski","startTime":2045.89,"endTime":2048.53,"body":"different people from different"},{"speaker":"Brandon Magierowski","startTime":2045.89,"endTime":2048.53,"body":"cultures, different backgrounds,"},{"speaker":"Brandon Magierowski","startTime":2048.53,"endTime":2053.99,"body":"different personalities, for the"},{"speaker":"Brandon Magierowski","startTime":2048.53,"endTime":2053.99,"body":"last 10 years. So we were we"},{"speaker":"Brandon Magierowski","startTime":2053.99,"endTime":2056.9,"body":"were able to vet each other out"},{"speaker":"Brandon Magierowski","startTime":2053.99,"endTime":2056.9,"body":"to say, Okay, yeah, this person"},{"speaker":"Brandon Magierowski","startTime":2056.9,"endTime":2060.35,"body":"is really skilled. But more"},{"speaker":"Brandon Magierowski","startTime":2056.9,"endTime":2060.35,"body":"importantly, does he fit in with"},{"speaker":"Brandon Magierowski","startTime":2060.35,"endTime":2066.05,"body":"this team? You know, can Kenny"},{"speaker":"Brandon Magierowski","startTime":2060.35,"endTime":2066.05,"body":"can contribute, but can we trust"},{"speaker":"Brandon Magierowski","startTime":2066.05,"endTime":2068.42,"body":"them? Can he be held"},{"speaker":"Brandon Magierowski","startTime":2066.05,"endTime":2068.42,"body":"accountable? Is he gonna hold me"},{"speaker":"Brandon Magierowski","startTime":2068.42,"endTime":2071.54,"body":"accountable? So it's more than"},{"speaker":"Brandon Magierowski","startTime":2068.42,"endTime":2071.54,"body":"just a skill set. It's really"},{"speaker":"Brandon Magierowski","startTime":2071.54,"endTime":2075.89,"body":"finding a bond amongst that team"},{"speaker":"Brandon Magierowski","startTime":2071.54,"endTime":2075.89,"body":"that's going to last for"},{"speaker":"Brandon Magierowski","startTime":2075.92,"endTime":2079.64,"body":"forever. And that's very, it's"},{"speaker":"Brandon Magierowski","startTime":2075.92,"endTime":2079.64,"body":"very difficult to find it really"},{"speaker":"Brandon Magierowski","startTime":2079.64,"endTime":2080.06,"body":"is."},{"speaker":"Average Joe Finances","startTime":2080.57,"endTime":2082.94,"body":"Yeah,"},{"speaker":"Average Joe Finances","startTime":2080.57,"endTime":2082.94,"body":"yeah, for sure. And again,"},{"speaker":"Average Joe Finances","startTime":2082.94,"endTime":2086.06,"body":"though, it's you did you found"},{"speaker":"Average Joe Finances","startTime":2082.94,"endTime":2086.06,"body":"you found those individuals that"},{"speaker":"Average Joe Finances","startTime":2086.06,"endTime":2091.13,"body":"you can trust, right, and that's"},{"speaker":"Average Joe Finances","startTime":2086.06,"endTime":2091.13,"body":"like the key part. But speaking"},{"speaker":"Average Joe Finances","startTime":2091.13,"endTime":2095.0,"body":"of assets, I want to ask you for"},{"speaker":"Average Joe Finances","startTime":2091.13,"endTime":2095.0,"body":"you personally. Are there any"},{"speaker":"Average Joe Finances","startTime":2095.0,"endTime":2098.57,"body":"other asset classes that you"},{"speaker":"Average Joe Finances","startTime":2095.0,"endTime":2098.57,"body":"personally currently invest in?"},{"speaker":"Average Joe Finances","startTime":2098.57,"endTime":2101.66,"body":"So besides real estate, Are you"},{"speaker":"Average Joe Finances","startTime":2098.57,"endTime":2101.66,"body":"involved in anything? And like"},{"speaker":"Average Joe Finances","startTime":2101.66,"endTime":2105.32,"body":"the stock market? You got some"},{"speaker":"Average Joe Finances","startTime":2101.66,"endTime":2105.32,"body":"crypto? Are you like a Doge?"},{"speaker":"Average Joe Finances","startTime":2105.32,"endTime":2107.54,"body":"head? Like, what's, what's going"},{"speaker":"Average Joe Finances","startTime":2105.32,"endTime":2107.54,"body":"on over there?"},{"speaker":"Brandon Magierowski","startTime":2107.57,"endTime":2110.72,"body":"Yeah. So,"},{"speaker":"Brandon Magierowski","startTime":2107.57,"endTime":2110.72,"body":"about a year and a half ago, I"},{"speaker":"Brandon Magierowski","startTime":2110.75,"endTime":2113.21,"body":"sat down with my financial"},{"speaker":"Brandon Magierowski","startTime":2110.75,"endTime":2113.21,"body":"advisor and said, I want to take"},{"speaker":"Brandon Magierowski","startTime":2113.24,"endTime":2117.41,"body":"all my money out of this Roth"},{"speaker":"Brandon Magierowski","startTime":2113.24,"endTime":2117.41,"body":"IRA. And I want to put it into a"},{"speaker":"Brandon Magierowski","startTime":2117.41,"endTime":2120.02,"body":"brokerage account because I want"},{"speaker":"Brandon Magierowski","startTime":2117.41,"endTime":2120.02,"body":"to start buying stocks. Because"},{"speaker":"Brandon Magierowski","startTime":2120.02,"endTime":2124.07,"body":"this was, this was almost just"},{"speaker":"Brandon Magierowski","startTime":2120.02,"endTime":2124.07,"body":"pre COVID. I think when things"},{"speaker":"Brandon Magierowski","startTime":2124.07,"endTime":2127.43,"body":"started to really dive, I just"},{"speaker":"Brandon Magierowski","startTime":2124.07,"endTime":2127.43,"body":"told him, I said, I don't back"},{"speaker":"Brandon Magierowski","startTime":2127.43,"endTime":2132.05,"body":"in 2008. I mean, I don't know"},{"speaker":"Brandon Magierowski","startTime":2127.43,"endTime":2132.05,"body":"how old I was, I don't know 20."},{"speaker":"Brandon Magierowski","startTime":2132.11,"endTime":2134.6,"body":"I didn't have any money to"},{"speaker":"Brandon Magierowski","startTime":2132.11,"endTime":2134.6,"body":"invest. But I said, I don't want"},{"speaker":"Brandon Magierowski","startTime":2134.6,"endTime":2136.97,"body":"to miss out. If there's a dive"},{"speaker":"Brandon Magierowski","startTime":2134.6,"endTime":2136.97,"body":"right now, I don't want to miss"},{"speaker":"Brandon Magierowski","startTime":2136.97,"endTime":2140.39,"body":"it, I want to get my money to"},{"speaker":"Brandon Magierowski","startTime":2136.97,"endTime":2140.39,"body":"work, other than just a Roth"},{"speaker":"Brandon Magierowski","startTime":2140.39,"endTime":2143.72,"body":"IRA. So he, we convert it all to"},{"speaker":"Brandon Magierowski","startTime":2140.39,"endTime":2143.72,"body":"a brokerage account. So I"},{"speaker":"Brandon Magierowski","startTime":2143.72,"endTime":2146.54,"body":"invested there, I pulled some"},{"speaker":"Brandon Magierowski","startTime":2143.72,"endTime":2146.54,"body":"money into a robin hood account."},{"speaker":"Brandon Magierowski","startTime":2146.93,"endTime":2149.42,"body":"I started investing playing"},{"speaker":"Brandon Magierowski","startTime":2146.93,"endTime":2149.42,"body":"around kind of some play money"},{"speaker":"Brandon Magierowski","startTime":2149.42,"endTime":2152.96,"body":"playing with the stock market."},{"speaker":"Brandon Magierowski","startTime":2149.42,"endTime":2152.96,"body":"And then recently I invested in"},{"speaker":"Brandon Magierowski","startTime":2152.96,"endTime":2157.73,"body":"crypto as well. So I played both"},{"speaker":"Brandon Magierowski","startTime":2152.96,"endTime":2157.73,"body":"interest stock market crypto and"},{"speaker":"Brandon Magierowski","startTime":2157.73,"endTime":2158.39,"body":"real estate."},{"speaker":"Average Joe Finances","startTime":2158.57,"endTime":2160.61,"body":"What what"},{"speaker":"Average Joe Finances","startTime":2158.57,"endTime":2160.61,"body":"cryptos you invested in?"},{"speaker":"Brandon Magierowski","startTime":2161.02,"endTime":2164.41,"body":"So I had I"},{"speaker":"Brandon Magierowski","startTime":2161.02,"endTime":2164.41,"body":"have Bitcoin and aetherium and"},{"speaker":"Brandon Magierowski","startTime":2164.41,"endTime":2168.76,"body":"then I played with dodge coin or"},{"speaker":"Brandon Magierowski","startTime":2164.41,"endTime":2168.76,"body":"Dogecoin for I was playing"},{"speaker":"Brandon Magierowski","startTime":2168.76,"endTime":2171.28,"body":"around for about six months"},{"speaker":"Brandon Magierowski","startTime":2168.76,"endTime":2171.28,"body":"buying and selling well,"},{"speaker":"Average Joe Finances","startTime":2171.61,"endTime":2172.78,"body":"at least"},{"speaker":"Average Joe Finances","startTime":2171.61,"endTime":2172.78,"body":"you said at the right way said"},{"speaker":"Average Joe Finances","startTime":2172.78,"endTime":2175.03,"body":"you were playing around with it"},{"speaker":"Average Joe Finances","startTime":2172.78,"endTime":2175.03,"body":"because yeah, I was playing I"},{"speaker":"Average Joe Finances","startTime":2175.03,"endTime":2178.33,"body":"know that was one of those. It"},{"speaker":"Average Joe Finances","startTime":2175.03,"endTime":2178.33,"body":"drove me nuts with the way the"},{"speaker":"Average Joe Finances","startTime":2178.33,"endTime":2181.03,"body":"way that whole thing Yeah, at"},{"speaker":"Average Joe Finances","startTime":2178.33,"endTime":2181.03,"body":"least, you know, Bitcoin"},{"speaker":"Average Joe Finances","startTime":2181.03,"endTime":2184.06,"body":"Ethereum and stuff like that."},{"speaker":"Average Joe Finances","startTime":2181.03,"endTime":2184.06,"body":"Those are like, legit, you know?"},{"speaker":"Brandon Magierowski","startTime":2184.3,"endTime":2186.58,"body":"Yeah, with"},{"speaker":"Brandon Magierowski","startTime":2184.3,"endTime":2186.58,"body":"with dojos, buying a few 100"},{"speaker":"Brandon Magierowski","startTime":2186.58,"endTime":2189.4,"body":"bucks at 20 cents and then got"},{"speaker":"Brandon Magierowski","startTime":2186.58,"endTime":2189.4,"body":"to 44 and sell it and then it"},{"speaker":"Brandon Magierowski","startTime":2189.4,"endTime":2193.87,"body":"went back down. It did it again."},{"speaker":"Brandon Magierowski","startTime":2189.4,"endTime":2193.87,"body":"I probably made a couple $1,000."},{"speaker":"Brandon Magierowski","startTime":2193.87,"endTime":2196.78,"body":"But I was like, Oh, that's"},{"speaker":"Brandon Magierowski","startTime":2193.87,"endTime":2196.78,"body":"better than it just sitting in,"},{"speaker":"Brandon Magierowski","startTime":2197.23,"endTime":2198.67,"body":"in the bank account doing"},{"speaker":"Brandon Magierowski","startTime":2197.23,"endTime":2198.67,"body":"nothing."},{"speaker":"Average Joe Finances","startTime":2198.94,"endTime":2201.4,"body":"Yeah,"},{"speaker":"Average Joe Finances","startTime":2198.94,"endTime":2201.4,"body":"yeah, that works. crypto is one"},{"speaker":"Average Joe Finances","startTime":2201.4,"endTime":2204.7,"body":"of those things. I just I just"},{"speaker":"Average Joe Finances","startTime":2201.4,"endTime":2204.7,"body":"don't know enough about it. You"},{"speaker":"Average Joe Finances","startTime":2204.7,"endTime":2207.1,"body":"know, I know blockchain is"},{"speaker":"Average Joe Finances","startTime":2204.7,"endTime":2207.1,"body":"really great, especially when it"},{"speaker":"Average Joe Finances","startTime":2207.1,"endTime":2210.76,"body":"comes to data. And I'm hopefully"},{"speaker":"Average Joe Finances","startTime":2207.1,"endTime":2210.76,"body":"going to have somebody on here"},{"speaker":"Average Joe Finances","startTime":2210.97,"endTime":2215.11,"body":"soon that that can talk smartly"},{"speaker":"Average Joe Finances","startTime":2210.97,"endTime":2215.11,"body":"about cryptocurrencies and, and"},{"speaker":"Average Joe Finances","startTime":2215.11,"endTime":2218.65,"body":"blockchain technology, because"},{"speaker":"Average Joe Finances","startTime":2215.11,"endTime":2218.65,"body":"I've been talking back and forth"},{"speaker":"Average Joe Finances","startTime":2218.65,"endTime":2220.78,"body":"with somebody on Facebook, and"},{"speaker":"Average Joe Finances","startTime":2218.65,"endTime":2220.78,"body":"we're trying I'm trying to get"},{"speaker":"Average Joe Finances","startTime":2220.78,"endTime":2223.39,"body":"him on the show. So we'll see."},{"speaker":"Average Joe Finances","startTime":2220.78,"endTime":2223.39,"body":"We'll see how that goes. But"},{"speaker":"Average Joe Finances","startTime":2223.39,"endTime":2226.36,"body":"he's he's very knowledgeable"},{"speaker":"Average Joe Finances","startTime":2223.39,"endTime":2226.36,"body":"about this stuff. And I'm pretty"},{"speaker":"Average Joe Finances","startTime":2226.36,"endTime":2228.28,"body":"sure that some people that"},{"speaker":"Average Joe Finances","startTime":2226.36,"endTime":2228.28,"body":"listen to the show that want to"},{"speaker":"Average Joe Finances","startTime":2228.28,"endTime":2230.98,"body":"get involved in crypto, I'm just"},{"speaker":"Average Joe Finances","startTime":2228.28,"endTime":2230.98,"body":"I'm not the guy that that really"},{"speaker":"Average Joe Finances","startTime":2230.98,"endTime":2234.04,"body":"knows too much about it. So I"},{"speaker":"Average Joe Finances","startTime":2230.98,"endTime":2234.04,"body":"got some money. You got some"},{"speaker":"Average Joe Finances","startTime":2234.04,"endTime":2238.99,"body":"money in crypto, Mike. Okay, so"},{"speaker":"Average Joe Finances","startTime":2234.04,"endTime":2238.99,"body":"I have one cryptocurrency right"},{"speaker":"Average Joe Finances","startTime":2238.99,"endTime":2243.55,"body":"now. And it's only because I get"},{"speaker":"Average Joe Finances","startTime":2238.99,"endTime":2243.55,"body":"paid in it. So I was approached"},{"speaker":"Average Joe Finances","startTime":2243.55,"endTime":2247.24,"body":"by a group that asked me if I'd"},{"speaker":"Average Joe Finances","startTime":2243.55,"endTime":2247.24,"body":"like to host my podcast on, you"},{"speaker":"Average Joe Finances","startTime":2247.24,"endTime":2250.24,"body":"know, their website, and I put"},{"speaker":"Average Joe Finances","startTime":2247.24,"endTime":2250.24,"body":"it up there and they say, hey,"},{"speaker":"Average Joe Finances","startTime":2250.24,"endTime":2252.82,"body":"it's a voting system. And if"},{"speaker":"Average Joe Finances","startTime":2250.24,"endTime":2252.82,"body":"people vote for your episodes,"},{"speaker":"Average Joe Finances","startTime":2252.82,"endTime":2255.64,"body":"you get paid in this thing"},{"speaker":"Average Joe Finances","startTime":2252.82,"endTime":2255.64,"body":"called hive coin. Am I Okay,"},{"speaker":"Average Joe Finances","startTime":2255.64,"endTime":2258.46,"body":"cool. Well, I just checked, I"},{"speaker":"Average Joe Finances","startTime":2255.64,"endTime":2258.46,"body":"went up on there, I think two or"},{"speaker":"Average Joe Finances","startTime":2258.46,"endTime":2262.39,"body":"three weeks ago, and the last I"},{"speaker":"Average Joe Finances","startTime":2258.46,"endTime":2262.39,"body":"checked, my last episode made me"},{"speaker":"Average Joe Finances","startTime":2262.39,"endTime":2265.84,"body":"$30 worth of this hive coin. And"},{"speaker":"Average Joe Finances","startTime":2262.39,"endTime":2265.84,"body":"I'm like, Oh, that's pretty"},{"speaker":"Average Joe Finances","startTime":2265.84,"endTime":2269.29,"body":"neat. So that's, that's about"},{"speaker":"Average Joe Finances","startTime":2265.84,"endTime":2269.29,"body":"the gist of crypto that I'm that"},{"speaker":"Average Joe Finances","startTime":2269.29,"endTime":2272.68,"body":"I'm in now, a couple years ago,"},{"speaker":"Average Joe Finances","startTime":2269.29,"endTime":2272.68,"body":"back when I was still living in"},{"speaker":"Average Joe Finances","startTime":2272.68,"endTime":2275.86,"body":"Virginia Beach, I had some"},{"speaker":"Average Joe Finances","startTime":2272.68,"endTime":2275.86,"body":"Bitcoin, and I had some"},{"speaker":"Average Joe Finances","startTime":2275.86,"endTime":2278.83,"body":"Litecoin. And I had some"},{"speaker":"Average Joe Finances","startTime":2275.86,"endTime":2278.83,"body":"aetherium. I sold it all many"},{"speaker":"Average Joe Finances","startTime":2278.83,"endTime":2284.2,"body":"years ago. You know, back when"},{"speaker":"Average Joe Finances","startTime":2278.83,"endTime":2284.2,"body":"Bitcoin went up to 19,000, and"},{"speaker":"Average Joe Finances","startTime":2284.2,"endTime":2286.87,"body":"then dropped back down to like,"},{"speaker":"Average Joe Finances","startTime":2284.2,"endTime":2286.87,"body":"nine, that's when I sold it."},{"speaker":"Brandon Magierowski","startTime":2287.05,"endTime":2288.91,"body":"So that's"},{"speaker":"Brandon Magierowski","startTime":2287.05,"endTime":2288.91,"body":"what it's doing now. I think it"},{"speaker":"Brandon Magierowski","startTime":2288.91,"endTime":2292.24,"body":"was up to like, 55 down to 30."},{"speaker":"Brandon Magierowski","startTime":2288.91,"endTime":2292.24,"body":"I'm I'm just gonna let it sit. I"},{"speaker":"Brandon Magierowski","startTime":2292.24,"endTime":2294.91,"body":"don't I don't like I said, it's"},{"speaker":"Brandon Magierowski","startTime":2292.24,"endTime":2294.91,"body":"not it's not a ton of capital"},{"speaker":"Brandon Magierowski","startTime":2294.91,"endTime":2297.61,"body":"have in there. It's just it's"},{"speaker":"Brandon Magierowski","startTime":2294.91,"endTime":2297.61,"body":"just some to diversify."},{"speaker":"Brandon Magierowski","startTime":2297.7,"endTime":2300.85,"body":"diversify myself. Oh, yeah, for"},{"speaker":"Brandon Magierowski","startTime":2297.7,"endTime":2300.85,"body":"sure. If it goes up, like"},{"speaker":"Brandon Magierowski","startTime":2300.85,"endTime":2304.57,"body":"they're all saying it's going to"},{"speaker":"Brandon Magierowski","startTime":2300.85,"endTime":2304.57,"body":"then great if it? If it doesn't,"},{"speaker":"Brandon Magierowski","startTime":2304.57,"endTime":2307.3,"body":"well, hopefully I can the money"},{"speaker":"Brandon Magierowski","startTime":2304.57,"endTime":2307.3,"body":"I put in real estate of the"},{"speaker":"Brandon Magierowski","startTime":2307.3,"endTime":2308.71,"body":"other stocks, I'll make up for"},{"speaker":"Brandon Magierowski","startTime":2307.3,"endTime":2308.71,"body":"it."},{"speaker":"Average Joe Finances","startTime":2308.98,"endTime":2311.29,"body":"Yeah, for"},{"speaker":"Average Joe Finances","startTime":2308.98,"endTime":2311.29,"body":"sure. I've actually interviewed"},{"speaker":"Average Joe Finances","startTime":2311.29,"endTime":2315.22,"body":"a guy the other day, who is a"},{"speaker":"Average Joe Finances","startTime":2311.29,"endTime":2315.22,"body":"day trader. And that was a very"},{"speaker":"Average Joe Finances","startTime":2315.22,"endTime":2317.77,"body":"interesting conversation. So I'm"},{"speaker":"Average Joe Finances","startTime":2315.22,"endTime":2317.77,"body":"looking forward to that episode"},{"speaker":"Average Joe Finances","startTime":2317.77,"endTime":2320.5,"body":"coming out here in a little bit."},{"speaker":"Average Joe Finances","startTime":2317.77,"endTime":2320.5,"body":"It'll be out like maybe like"},{"speaker":"Average Joe Finances","startTime":2320.5,"endTime":2323.53,"body":"right before yours. Cuz I just"},{"speaker":"Average Joe Finances","startTime":2320.5,"endTime":2323.53,"body":"interviewed him a few days ago."},{"speaker":"Average Joe Finances","startTime":2324.31,"endTime":2327.61,"body":"But anyway, the The interesting"},{"speaker":"Average Joe Finances","startTime":2324.31,"endTime":2327.61,"body":"thing is how there's so many"},{"speaker":"Average Joe Finances","startTime":2327.61,"endTime":2329.77,"body":"different options when you're in"},{"speaker":"Average Joe Finances","startTime":2327.61,"endTime":2329.77,"body":"the stock market. And that's"},{"speaker":"Average Joe Finances","startTime":2329.77,"endTime":2332.56,"body":"actually one of things we talked"},{"speaker":"Average Joe Finances","startTime":2329.77,"endTime":2332.56,"body":"about was options. I don't I"},{"speaker":"Average Joe Finances","startTime":2332.56,"endTime":2334.57,"body":"don't do that. Because again,"},{"speaker":"Average Joe Finances","startTime":2332.56,"endTime":2334.57,"body":"that's something I don't know"},{"speaker":"Average Joe Finances","startTime":2334.57,"endTime":2337.84,"body":"too much about. And I don't have"},{"speaker":"Average Joe Finances","startTime":2334.57,"endTime":2337.84,"body":"the time to sit down and day"},{"speaker":"Average Joe Finances","startTime":2337.84,"endTime":2341.2,"body":"trade because of my day job. So"},{"speaker":"Average Joe Finances","startTime":2337.84,"endTime":2341.2,"body":"I've been more like when it"},{"speaker":"Average Joe Finances","startTime":2341.2,"endTime":2344.59,"body":"comes to the stock market"},{"speaker":"Average Joe Finances","startTime":2341.2,"endTime":2344.59,"body":"playing it safe, and I invest,"},{"speaker":"Average Joe Finances","startTime":2344.65,"endTime":2348.4,"body":"you know, more for long term"},{"speaker":"Average Joe Finances","startTime":2344.65,"endTime":2348.4,"body":"holds. I invest in a lot of"},{"speaker":"Average Joe Finances","startTime":2348.4,"endTime":2351.46,"body":"dividend paying assets, real"},{"speaker":"Average Joe Finances","startTime":2348.4,"endTime":2351.46,"body":"estate, investment trusts,"},{"speaker":"Average Joe Finances","startTime":2351.46,"endTime":2356.38,"body":"things like that. But so far, my"},{"speaker":"Average Joe Finances","startTime":2351.46,"endTime":2356.38,"body":"portfolio this year is up 28.7%"},{"speaker":"Average Joe Finances","startTime":2356.38,"endTime":2359.23,"body":"or something like that. So I'm"},{"speaker":"Average Joe Finances","startTime":2356.38,"endTime":2359.23,"body":"pretty happy with where that's"},{"speaker":"Average Joe Finances","startTime":2359.23,"endTime":2360.76,"body":"at, and I'm just gonna leave it"},{"speaker":"Average Joe Finances","startTime":2359.23,"endTime":2360.76,"body":"alone."},{"speaker":"Brandon Magierowski","startTime":2361.45,"endTime":2363.1,"body":"That's it."},{"speaker":"Brandon Magierowski","startTime":2361.45,"endTime":2363.1,"body":"That's my strategy. I don't know"},{"speaker":"Brandon Magierowski","startTime":2363.1,"endTime":2367.24,"body":"enough about day trading and the"},{"speaker":"Brandon Magierowski","startTime":2363.1,"endTime":2367.24,"body":"stock market to do it day after"},{"speaker":"Brandon Magierowski","startTime":2367.24,"endTime":2371.32,"body":"day. I'm looking more for stable"},{"speaker":"Brandon Magierowski","startTime":2367.24,"endTime":2371.32,"body":"stocks that, you know, bigger"},{"speaker":"Brandon Magierowski","startTime":2371.32,"endTime":2373.99,"body":"companies that I can just put my"},{"speaker":"Brandon Magierowski","startTime":2371.32,"endTime":2373.99,"body":"money to work and let it go"},{"speaker":"Brandon Magierowski","startTime":2373.99,"endTime":2376.45,"body":"until, you know, 2025 years from"},{"speaker":"Brandon Magierowski","startTime":2373.99,"endTime":2376.45,"body":"now."},{"speaker":"Average Joe Finances","startTime":2376.69,"endTime":2377.98,"body":"No, you"},{"speaker":"Average Joe Finances","startTime":2376.69,"endTime":2377.98,"body":"know, they're doing it right"},{"speaker":"Average Joe Finances","startTime":2377.98,"endTime":2380.23,"body":"there. You're doing it right."},{"speaker":"Average Joe Finances","startTime":2377.98,"endTime":2380.23,"body":"And you have diversification"},{"speaker":"Average Joe Finances","startTime":2380.23,"endTime":2383.26,"body":"which is super important. So"},{"speaker":"Average Joe Finances","startTime":2380.23,"endTime":2383.26,"body":"you're not just strictly in real"},{"speaker":"Average Joe Finances","startTime":2383.26,"endTime":2385.33,"body":"estate now that there's some"},{"speaker":"Average Joe Finances","startTime":2383.26,"endTime":2385.33,"body":"people that are strictly in real"},{"speaker":"Average Joe Finances","startTime":2385.33,"endTime":2388.45,"body":"estate and that's okay, because"},{"speaker":"Average Joe Finances","startTime":2385.33,"endTime":2388.45,"body":"the beautiful part about being"},{"speaker":"Average Joe Finances","startTime":2388.45,"endTime":2390.61,"body":"in real estate, especially"},{"speaker":"Average Joe Finances","startTime":2388.45,"endTime":2390.61,"body":"multifamily, you're investing in"},{"speaker":"Average Joe Finances","startTime":2390.61,"endTime":2394.9,"body":"all these different areas, is"},{"speaker":"Average Joe Finances","startTime":2390.61,"endTime":2394.9,"body":"each apartment complex that you"},{"speaker":"Average Joe Finances","startTime":2394.9,"endTime":2399.43,"body":"invest in is its own asset has"},{"speaker":"Average Joe Finances","startTime":2394.9,"endTime":2399.43,"body":"its own numbers that work for"},{"speaker":"Average Joe Finances","startTime":2399.79,"endTime":2403.24,"body":"each thing can be different. So"},{"speaker":"Average Joe Finances","startTime":2399.79,"endTime":2403.24,"body":"it's not, it's not always the"},{"speaker":"Average Joe Finances","startTime":2403.24,"endTime":2406.3,"body":"same with every single deal. And"},{"speaker":"Average Joe Finances","startTime":2403.24,"endTime":2406.3,"body":"that's, that's one of the"},{"speaker":"Average Joe Finances","startTime":2406.3,"endTime":2408.43,"body":"beautiful things about it is"},{"speaker":"Average Joe Finances","startTime":2406.3,"endTime":2408.43,"body":"you're not always going to get"},{"speaker":"Average Joe Finances","startTime":2408.43,"endTime":2411.1,"body":"the same rate of return, you can"},{"speaker":"Average Joe Finances","startTime":2408.43,"endTime":2411.1,"body":"do better on one property than"},{"speaker":"Average Joe Finances","startTime":2411.1,"endTime":2416.05,"body":"the other. So even if you are"},{"speaker":"Average Joe Finances","startTime":2411.1,"endTime":2416.05,"body":"strictly just in real estate,"},{"speaker":"Average Joe Finances","startTime":2416.05,"endTime":2418.51,"body":"there's a way to keep yourself"},{"speaker":"Average Joe Finances","startTime":2416.05,"endTime":2418.51,"body":"diversified when you're"},{"speaker":"Average Joe Finances","startTime":2418.51,"endTime":2422.23,"body":"investing in different different"},{"speaker":"Average Joe Finances","startTime":2418.51,"endTime":2422.23,"body":"units. Okay, well, so for our"},{"speaker":"Average Joe Finances","startTime":2422.23,"endTime":2426.13,"body":"listeners here, do you have any"},{"speaker":"Average Joe Finances","startTime":2422.23,"endTime":2426.13,"body":"last tips or tricks that you"},{"speaker":"Average Joe Finances","startTime":2426.13,"endTime":2428.83,"body":"would recommend for somebody"},{"speaker":"Average Joe Finances","startTime":2426.13,"endTime":2428.83,"body":"who's just wanting to get"},{"speaker":"Average Joe Finances","startTime":2428.83,"endTime":2430.33,"body":"started in multifamily"},{"speaker":"Average Joe Finances","startTime":2428.83,"endTime":2430.33,"body":"investing?"},{"speaker":"Brandon Magierowski","startTime":2430.72,"endTime":2433.36,"body":"Yeah, be"},{"speaker":"Brandon Magierowski","startTime":2430.72,"endTime":2433.36,"body":"patient, just just understand"},{"speaker":"Brandon Magierowski","startTime":2433.36,"endTime":2436.06,"body":"that it is not going to happen"},{"speaker":"Brandon Magierowski","startTime":2433.36,"endTime":2436.06,"body":"overnight, just like anything"},{"speaker":"Brandon Magierowski","startTime":2436.06,"endTime":2439.51,"body":"successful anytime you want to"},{"speaker":"Brandon Magierowski","startTime":2436.06,"endTime":2439.51,"body":"make a living and good money and"},{"speaker":"Brandon Magierowski","startTime":2439.51,"endTime":2442.69,"body":"build a business is that it's"},{"speaker":"Brandon Magierowski","startTime":2439.51,"endTime":2442.69,"body":"just brick by brick. You know,"},{"speaker":"Brandon Magierowski","startTime":2442.69,"endTime":2446.74,"body":"there's no, there's no fast"},{"speaker":"Brandon Magierowski","startTime":2442.69,"endTime":2446.74,"body":"track, unless you come across"},{"speaker":"Brandon Magierowski","startTime":2446.74,"endTime":2449.62,"body":"and win a massive amount of"},{"speaker":"Brandon Magierowski","startTime":2446.74,"endTime":2449.62,"body":"money and put it to work. But"},{"speaker":"Brandon Magierowski","startTime":2449.62,"endTime":2451.72,"body":"there's no fast track, it's"},{"speaker":"Brandon Magierowski","startTime":2449.62,"endTime":2451.72,"body":"just, it's building"},{"speaker":"Brandon Magierowski","startTime":2451.72,"endTime":2455.05,"body":"relationships, it's finding the"},{"speaker":"Brandon Magierowski","startTime":2451.72,"endTime":2455.05,"body":"right team, and just we, you"},{"speaker":"Brandon Magierowski","startTime":2455.05,"endTime":2457.03,"body":"know, we have a saying within"},{"speaker":"Brandon Magierowski","startTime":2455.05,"endTime":2457.03,"body":"our group, but just move the"},{"speaker":"Brandon Magierowski","startTime":2457.03,"endTime":2460.03,"body":"needle every day, you know, if"},{"speaker":"Brandon Magierowski","startTime":2457.03,"endTime":2460.03,"body":"you can just move it forward"},{"speaker":"Brandon Magierowski","startTime":2460.03,"endTime":2462.76,"body":"each day, that's going to"},{"speaker":"Brandon Magierowski","startTime":2460.03,"endTime":2462.76,"body":"compound and eventually things"},{"speaker":"Brandon Magierowski","startTime":2462.76,"endTime":2465.52,"body":"are going to click and deals are"},{"speaker":"Brandon Magierowski","startTime":2462.76,"endTime":2465.52,"body":"going to come and you'll be able"},{"speaker":"Brandon Magierowski","startTime":2465.52,"endTime":2468.25,"body":"to raise capital, but just gotta"},{"speaker":"Brandon Magierowski","startTime":2465.52,"endTime":2468.25,"body":"have you have to have a long"},{"speaker":"Brandon Magierowski","startTime":2468.25,"endTime":2471.07,"body":"term vision on things. And"},{"speaker":"Brandon Magierowski","startTime":2468.25,"endTime":2471.07,"body":"everything. It's, you know, kind"},{"speaker":"Brandon Magierowski","startTime":2471.07,"endTime":2474.61,"body":"of generation now, right, like"},{"speaker":"Brandon Magierowski","startTime":2471.07,"endTime":2474.61,"body":"these days is I want it now if I"},{"speaker":"Brandon Magierowski","startTime":2474.61,"endTime":2476.5,"body":"don't get it, now I'm gonna"},{"speaker":"Brandon Magierowski","startTime":2474.61,"endTime":2476.5,"body":"quit. And that's why they"},{"speaker":"Brandon Magierowski","startTime":2476.5,"endTime":2479.17,"body":"referred to those people. As"},{"speaker":"Brandon Magierowski","startTime":2476.5,"endTime":2479.17,"body":"tire kickers, you say you want"},{"speaker":"Brandon Magierowski","startTime":2479.17,"endTime":2481.93,"body":"to invest in real estate, you"},{"speaker":"Brandon Magierowski","startTime":2479.17,"endTime":2481.93,"body":"say you want to do multifamily,"},{"speaker":"Brandon Magierowski","startTime":2482.2,"endTime":2486.28,"body":"but you're not willing to put in"},{"speaker":"Brandon Magierowski","startTime":2482.2,"endTime":2486.28,"body":"the time and put in the long"},{"speaker":"Brandon Magierowski","startTime":2486.28,"endTime":2491.71,"body":"term time it takes to execute"},{"speaker":"Brandon Magierowski","startTime":2486.28,"endTime":2491.71,"body":"it. We've been doing this for"},{"speaker":"Brandon Magierowski","startTime":2491.71,"endTime":2496.96,"body":"four years. And our team has"},{"speaker":"Brandon Magierowski","startTime":2491.71,"endTime":2496.96,"body":"been built for a year and a half"},{"speaker":"Brandon Magierowski","startTime":2496.96,"endTime":2501.64,"body":"now. And we just closed on the"},{"speaker":"Brandon Magierowski","startTime":2496.96,"endTime":2501.64,"body":"10 unit deal. And things are"},{"speaker":"Brandon Magierowski","startTime":2501.64,"endTime":2504.82,"body":"really starting to compound but"},{"speaker":"Brandon Magierowski","startTime":2501.64,"endTime":2504.82,"body":"it says there's gonna be bumps"},{"speaker":"Brandon Magierowski","startTime":2504.82,"endTime":2509.26,"body":"in the road. And just understand"},{"speaker":"Brandon Magierowski","startTime":2504.82,"endTime":2509.26,"body":"that this is a long game, with"},{"speaker":"Brandon Magierowski","startTime":2509.26,"endTime":2511.96,"body":"relationships and with your team"},{"speaker":"Brandon Magierowski","startTime":2509.26,"endTime":2511.96,"body":"and with deals."},{"speaker":"Average Joe Finances","startTime":2512.5,"endTime":2514.75,"body":"That is a"},{"speaker":"Average Joe Finances","startTime":2512.5,"endTime":2514.75,"body":"fantastic tip. You know,"},{"speaker":"Average Joe Finances","startTime":2514.78,"endTime":2517.57,"body":"patients patients, they always"},{"speaker":"Average Joe Finances","startTime":2514.78,"endTime":2517.57,"body":"say, you know, patience is a"},{"speaker":"Average Joe Finances","startTime":2517.57,"endTime":2522.58,"body":"virtue. It's true. Because you"},{"speaker":"Average Joe Finances","startTime":2517.57,"endTime":2522.58,"body":"can't just go jumping into"},{"speaker":"Average Joe Finances","startTime":2522.58,"endTime":2525.01,"body":"something and diving into"},{"speaker":"Average Joe Finances","startTime":2522.58,"endTime":2525.01,"body":"something, because it seems like"},{"speaker":"Average Joe Finances","startTime":2525.01,"endTime":2528.31,"body":"it's the right thing for you."},{"speaker":"Average Joe Finances","startTime":2525.01,"endTime":2528.31,"body":"You guys learned that lesson in"},{"speaker":"Average Joe Finances","startTime":2528.31,"endTime":2531.88,"body":"Shreveport. I learned that"},{"speaker":"Average Joe Finances","startTime":2528.31,"endTime":2531.88,"body":"lesson with a duplex I bought"},{"speaker":"Average Joe Finances","startTime":2531.88,"endTime":2535.75,"body":"back in Virginia, just because I"},{"speaker":"Average Joe Finances","startTime":2531.88,"endTime":2535.75,"body":"wanted it so bad. I'm like I'm"},{"speaker":"Average Joe Finances","startTime":2535.75,"endTime":2540.13,"body":"going in right now. And it, it"},{"speaker":"Average Joe Finances","startTime":2535.75,"endTime":2540.13,"body":"was a painful process and a"},{"speaker":"Average Joe Finances","startTime":2540.13,"endTime":2543.97,"body":"learning process. So patience is"},{"speaker":"Average Joe Finances","startTime":2540.13,"endTime":2543.97,"body":"a fantastic tip,"},{"speaker":"Brandon Magierowski","startTime":2544.39,"endTime":2545.95,"body":"it's tough"},{"speaker":"Brandon Magierowski","startTime":2544.39,"endTime":2545.95,"body":"to keep the emotion out of it"},{"speaker":"Brandon Magierowski","startTime":2545.95,"endTime":2549.22,"body":"for your first deal to is, you"},{"speaker":"Brandon Magierowski","startTime":2545.95,"endTime":2549.22,"body":"know, you want it so bad. And"},{"speaker":"Brandon Magierowski","startTime":2549.22,"endTime":2551.38,"body":"you just want to put your money"},{"speaker":"Brandon Magierowski","startTime":2549.22,"endTime":2551.38,"body":"to work and you want to buy that"},{"speaker":"Brandon Magierowski","startTime":2551.38,"endTime":2554.08,"body":"deal. And I think that's kind of"},{"speaker":"Brandon Magierowski","startTime":2551.38,"endTime":2554.08,"body":"what happened in Shreveport. I"},{"speaker":"Brandon Magierowski","startTime":2554.08,"endTime":2557.83,"body":"was very, very engaged and"},{"speaker":"Brandon Magierowski","startTime":2554.08,"endTime":2557.83,"body":"really wanted it and I just went"},{"speaker":"Brandon Magierowski","startTime":2557.83,"endTime":2560.17,"body":"and got the property. And"},{"speaker":"Brandon Magierowski","startTime":2557.83,"endTime":2560.17,"body":"looking back, you know, I"},{"speaker":"Brandon Magierowski","startTime":2560.17,"endTime":2562.3,"body":"probably could have been a"},{"speaker":"Brandon Magierowski","startTime":2560.17,"endTime":2562.3,"body":"little bit more patient. But"},{"speaker":"Brandon Magierowski","startTime":2562.3,"endTime":2565.18,"body":"again, if I didn't do that, and"},{"speaker":"Brandon Magierowski","startTime":2562.3,"endTime":2565.18,"body":"I didn't get that deal and make"},{"speaker":"Brandon Magierowski","startTime":2565.18,"endTime":2567.04,"body":"that mistake, I wouldn't be"},{"speaker":"Brandon Magierowski","startTime":2565.18,"endTime":2567.04,"body":"where I'm at today."},{"speaker":"Average Joe Finances","startTime":2567.25,"endTime":2571.0,"body":"For sure."},{"speaker":"Average Joe Finances","startTime":2567.25,"endTime":2571.0,"body":"For sure. Yeah. So that Yeah,"},{"speaker":"Average Joe Finances","startTime":2571.03,"endTime":2575.47,"body":"again, that's that's great, man."},{"speaker":"Average Joe Finances","startTime":2571.03,"endTime":2575.47,"body":"Where can people find more"},{"speaker":"Average Joe Finances","startTime":2575.47,"endTime":2579.49,"body":"information about you, Brandon?"},{"speaker":"Average Joe Finances","startTime":2575.47,"endTime":2579.49,"body":"So not only you but your team?"},{"speaker":"Average Joe Finances","startTime":2579.49,"endTime":2583.33,"body":"Do you have a website? Do you"},{"speaker":"Average Joe Finances","startTime":2579.49,"endTime":2583.33,"body":"guys have any social media?"},{"speaker":"Average Joe Finances","startTime":2583.57,"endTime":2585.34,"body":"Where can we learn more about"},{"speaker":"Average Joe Finances","startTime":2583.57,"endTime":2585.34,"body":"you guys?"},{"speaker":"Brandon Magierowski","startTime":2585.58,"endTime":2588.55,"body":"Yeah, so"},{"speaker":"Brandon Magierowski","startTime":2585.58,"endTime":2588.55,"body":"you can find us at realfocus.org"},{"speaker":"Brandon Magierowski","startTime":2589.36,"endTime":2593.92,"body":"realfocus.org you can reach me"},{"speaker":"Brandon Magierowski","startTime":2589.36,"endTime":2593.92,"body":"Brandon@realfocus.org or you can"},{"speaker":"Brandon Magierowski","startTime":2593.92,"endTime":2602.14,"body":"text me directly 3186397303 hit"},{"speaker":"Brandon Magierowski","startTime":2593.92,"endTime":2602.14,"body":"me up. If you're interested in"},{"speaker":"Brandon Magierowski","startTime":2602.14,"endTime":2605.5,"body":"learning anything about real"},{"speaker":"Brandon Magierowski","startTime":2602.14,"endTime":2605.5,"body":"estate business. Want to talk?"},{"speaker":"Brandon Magierowski","startTime":2605.5,"endTime":2608.59,"body":"Maybe you want to teach me"},{"speaker":"Brandon Magierowski","startTime":2605.5,"endTime":2608.59,"body":"something? I'm always open to"},{"speaker":"Brandon Magierowski","startTime":2608.59,"endTime":2610.21,"body":"new conversations. Awesome."},{"speaker":"Average Joe Finances","startTime":2610.45,"endTime":2612.34,"body":"And you"},{"speaker":"Average Joe Finances","startTime":2610.45,"endTime":2612.34,"body":"guys also have a podcast that's"},{"speaker":"Average Joe Finances","startTime":2612.34,"endTime":2613.81,"body":"going to be launching here"},{"speaker":"Average Joe Finances","startTime":2612.34,"endTime":2613.81,"body":"shortly. Right?"},{"speaker":"Brandon Magierowski","startTime":2613.9,"endTime":2615.52,"body":"We do. So"},{"speaker":"Brandon Magierowski","startTime":2613.9,"endTime":2615.52,"body":"this it should be launched by"},{"speaker":"Brandon Magierowski","startTime":2615.52,"endTime":2619.12,"body":"the time this episode comes out."},{"speaker":"Brandon Magierowski","startTime":2615.52,"endTime":2619.12,"body":"It's Gorilla State Podcast. It's"},{"speaker":"Brandon Magierowski","startTime":2619.12,"endTime":2622.93,"body":"a real estate investing podcast."},{"speaker":"Brandon Magierowski","startTime":2619.12,"endTime":2622.93,"body":"Ramsey and I post separate"},{"speaker":"Brandon Magierowski","startTime":2622.93,"endTime":2625.57,"body":"episodes together. And we're"},{"speaker":"Brandon Magierowski","startTime":2622.93,"endTime":2625.57,"body":"going to be launching that here"},{"speaker":"Brandon Magierowski","startTime":2625.57,"endTime":2628.66,"body":"in the next couple of weeks. And"},{"speaker":"Brandon Magierowski","startTime":2625.57,"endTime":2628.66,"body":"that can be found on our website"},{"speaker":"Brandon Magierowski","startTime":2628.66,"endTime":2629.02,"body":"as well."},{"speaker":"Average Joe Finances","startTime":2629.5,"endTime":2630.88,"body":"That's"},{"speaker":"Average Joe Finances","startTime":2629.5,"endTime":2630.88,"body":"awesome. Looking forward to"},{"speaker":"Average Joe Finances","startTime":2630.88,"endTime":2633.58,"body":"that, that coming out. I'm"},{"speaker":"Average Joe Finances","startTime":2630.88,"endTime":2633.58,"body":"definitely gonna be listening."},{"speaker":"Average Joe Finances","startTime":2633.58,"endTime":2636.91,"body":"Because, you know, after talking"},{"speaker":"Average Joe Finances","startTime":2633.58,"endTime":2636.91,"body":"with with both you and Ramsey,"},{"speaker":"Average Joe Finances","startTime":2637.12,"endTime":2640.0,"body":"you guys are really awesome."},{"speaker":"Average Joe Finances","startTime":2637.12,"endTime":2640.0,"body":"Definitely seems like you have a"},{"speaker":"Average Joe Finances","startTime":2640.0,"endTime":2642.94,"body":"great team. You know, and of"},{"speaker":"Average Joe Finances","startTime":2640.0,"endTime":2642.94,"body":"course, being connected on"},{"speaker":"Average Joe Finances","startTime":2642.94,"endTime":2645.85,"body":"social media, seeing what you"},{"speaker":"Average Joe Finances","startTime":2642.94,"endTime":2645.85,"body":"guys are doing. I think it's"},{"speaker":"Average Joe Finances","startTime":2645.85,"endTime":2649.27,"body":"gonna be a fun podcast to listen"},{"speaker":"Average Joe Finances","startTime":2645.85,"endTime":2649.27,"body":"to. So for my listeners, you"},{"speaker":"Average Joe Finances","startTime":2649.27,"endTime":2651.73,"body":"know, hey, go check it out,"},{"speaker":"Average Joe Finances","startTime":2649.27,"endTime":2651.73,"body":"especially if you're interested"},{"speaker":"Average Joe Finances","startTime":2651.73,"endTime":2656.38,"body":"in multifamily real estate. Real"},{"speaker":"Average Joe Finances","startTime":2651.73,"endTime":2656.38,"body":"Estate podcast is probably gonna"},{"speaker":"Average Joe Finances","startTime":2656.38,"endTime":2658.69,"body":"be a fun one to listen to. So"},{"speaker":"Average Joe Finances","startTime":2656.38,"endTime":2658.69,"body":"make sure you guys check that"},{"speaker":"Average Joe Finances","startTime":2658.69,"endTime":2664.66,"body":"out. Brandon, dude. Absolutely"},{"speaker":"Average Joe Finances","startTime":2658.69,"endTime":2664.66,"body":"fun conversation. It was a"},{"speaker":"Average Joe Finances","startTime":2664.66,"endTime":2667.54,"body":"pleasure to have you on the"},{"speaker":"Average Joe Finances","startTime":2664.66,"endTime":2667.54,"body":"show. And again, thank you so"},{"speaker":"Average Joe Finances","startTime":2667.54,"endTime":2670.87,"body":"much for joining me today. Good"},{"speaker":"Average Joe Finances","startTime":2667.54,"endTime":2670.87,"body":"deal, Mike. Thanks, man. I"},{"speaker":"Average Joe Finances","startTime":2670.87,"endTime":2672.79,"body":"enjoyed it. Alrighty, Aloha."},{"speaker":"Average Joe Finances","startTime":2674.44,"endTime":2677.89,"body":"Thanks for listening to the"},{"speaker":"Average Joe Finances","startTime":2674.44,"endTime":2677.89,"body":"Average Joe Finances podcast."},{"speaker":"Average Joe Finances","startTime":2678.13,"endTime":2682.75,"body":"Your source for beating debt,"},{"speaker":"Average Joe Finances","startTime":2678.13,"endTime":2682.75,"body":"saving money and investing Learn"},{"speaker":"Average Joe Finances","startTime":2682.75,"endTime":2685.99,"body":"more at Average Joe"},{"speaker":"Average Joe Finances","startTime":2682.75,"endTime":2685.99,"body":"finances.com."},{"speaker":"Average Joe Finances","startTime":2688.66,"endTime":2692.35,"body":"The Average Joe Finances podcast"},{"speaker":"Average Joe Finances","startTime":2688.66,"endTime":2692.35,"body":"is for informational and"},{"speaker":"Average Joe Finances","startTime":2692.35,"endTime":2697.18,"body":"entertainment purposes only. Do"},{"speaker":"Average Joe Finances","startTime":2692.35,"endTime":2697.18,"body":"not use this for any real estate"},{"speaker":"Average Joe Finances","startTime":2697.27,"endTime":2699.22,"body":"or investment making decision."}]}