You know, I'm so honored YouTube introduces me to partners from all over
the world and I'm actually sitting here with one of my partners right now. He's
come in town to be here for one of my 4-day events.
He's even brought guests. And this individual has already bought 3
properties in just the last several months here. So today, we're going to get a
chance to interview him and just talk about what the experience is like. And
where he goes from here.
Pedro, how are we doing brother? -Pretty good. -Dude,
day one of the events behind us. We're sitting on day 2. How's the event?
-Oh, man. It's great. Actually when I first came to the first event, it was on August.
August 14th, It was actually my birthday. -Alright. -Oh, man. Day 1, I come and it was a
eye-opener. -Yes. -I wasn't expecting it, of course. And then realizing the process.
I was like, "Oh, man. This is the best birthday gift I could have ever give to my self. So, I
thank you for that. I appreciate it. I mean, I've caught fire after that. -I know.
I see it. That's amazing, Pedro. You know, it's interesting. People are like, "Okay, I'm
going to come to one of Kris's real estate events." Is it going to be like real estate
training for 4 days straight? And reality is that psychology, our mindset
is 80% of everything we do in life. So, we actually take a lot of the event and we
make sure that we learn how to think successfully. We learn how to think the
right way about money. We learn how to think the right way about people so that
when we actually get into the real estate game, we've got a well-rounded
approach to having the right success psychology. So... Glad that you're here
witnessing and experiencing again. And in the mean time, you've done 3 deals.
-Yes. That is exciting. And so, to be honest, I wanted nothing to do real
estate. Last year, typical 40-year old
wakes up and thinks... First I have the option to retire early from work with
already medical. And so, at that point, Iw was like excited. Like, let me go.
"Look at my 401K. Let's see how that's going to work out." And as I... "Oh, well.
It's not going to work." -it's not going to work? -It's not going to work. And as like, I've been
taught that this is what we do. The society...
I really never bought into where defer your taxes now because going to pay in less
taxes later. -Yes. -So, I have always was iffy about that. And then realizing that
"Well, that means I'm going to have to entire poor." And as... I don't want to
rely on that. I want to be able to generate more wealth now if I can. -Yeah.
-And so, that's what really got me going. That is like, "I can't just continue
living the society's plan." -Yeah. -Well, and I say... Pedro, this is actually the cautionary
tale. Because you figured that out, 40s. -Yes. -Most people figured out their 50s or
60s. The average person in their 60s, the median 401Ks is
$63,000. -Wow. -And you know, there are some people that have 200,000. But even then,
even if you had $400,000, you do the math. And like, "If I wanted to retire in my 60s,
and I'm used to living on 50/70/80 thousand dollars a year, this money is
not enough for a decade." This is not enough for like 5/6/7 years. And
it does.. It creates that panic. And societies keeping us alive way longer.
It's like, "Wait a second. If I'm going to retire, when am I going to enjoy life?" Like,
"When am I going to travel?" Like, "If I'm not working, what can I do that would really
bring joy?" And a lot of people always realize that it takes money to do a lot
of the fun things in life. So, you figured that out early and you have taken
massive action. -Yes. So, in a very short period of time, you bought those 3
homes. When you buy your first one, were you excited or were you nervous? -I was
very nervous. Of course, I care everything else. Once you do something for the
first time, you're all these "What ifs". What if this, what if that. -And it's always
"What if it doesn't rent? And what if someone trashes the place?" -Exactly. -Right?
Biggest fears. -Yep. And so, the good thing, you have already the system in
place to help us with that. -Yeah. -The SWAN account. I mean that's what it's
there for. I mean "what if?" Yes, where prepared. -Yeah. -So, yeah. Even though
you're already set and understand the system, brand-new coming in. I was like, "Oh.."
Like, this is tough not only for myself that I was pumped to join. But also
getting my wife to trust in the system. -Yeah. -So, yeah. -But it looks like
it's working out and getting easier. -Oh, yeah. Definitely. Now, I've actually
have to be creative and start to think of, "Wait a minute,
I want to go do more." -Yes. -So, what am i doing now? -I love it. -I'm finding out
other ways to also start generating more income so we can come buy more homes. -I
love that. -Yeah. -Listen. We've got a couple of things happening at this event.
I'm going to give you guys a little bit of a sneak preview that you need to be
aware of. One of the things is at some points, either in the beginning, we don't
have money to buy real estate or we use our money to buy real estate and then
you find yourself in Pedro situation. I've got 3 homes and I want to do
more. But how I was getting them doesn't work anymore. And in time, every 5
years, if those double, hey, that's great. And you're still young so that's going to
multiply. But the question is how do you go faster? This is what was plaguing my
mind when I was a college kid. And I looked at the pesos by real estate
I'm like, "This is not fast enough. I wanted to go faster." And that's when I
did 2 things. Number one, I got really creative and realized that I now have a
track record and if other people can believe in my track record, we can
partner up. l'll only make half the money but half of much more is a lot better
than everything of nothing. -Exactly. -And so, I started bringing up partners. We
started doing a lot of real estate. And I found out, "You know what? I can buy so
much real estate as I want." And I think that's the transition that you're in is,
"Alright. My money is set. And it's going to now multiply and it's going to grow. We've
got great ROI. Now, I need to figure out how to leverage
different resources other than money." And that's people. There's people
that feel the same way as you. You're going to find a way to go out there and
meet people that are waking up to their 40s or 50s or 30s and saying, "Oh, my gosh.
This isn't going to be enough." Retirement. The average overall household combined
net worth by 60 years old is a $172,000. That's
not enough. And the sooner people realize it, the more time they have to correct it.
And if you can find a way to help them see the light like you, there's a way for
you to now participate doing real estate with them. I specifically do that through
a program I call maverick. You can guys can click the link below and learn how
you can actually partner with me without bringing any money to the table and
actually becoming my equal partner and doing real estate. That's something that
I think you should pursue. -Yes. -And then the second one is at this event,
different than the last one, I'm going to talk about how to become a really
intelligent business owner. Are there turnkey businesses that you can do on
the site outside of your job that produce lots of income and take very
little time? I am a huge fan of that because I've got 13 of them. For the
first time ever, I'm going to be actually sharing my favorite turnkey business
with everybody. And some people are going to choose to participate in that because
we're looking for acceleration. Either way it's how do I buy real estate
without money? And it's how do I have business support me that doesn't need my
time? And those are the 2 tracks that we're gonna be talking about the next
couple of days. -Sounds exciting. -Yeah. You excited? -Yeah, oh yeah. Definitely. -Dude,
this stuff even to this day still gets me jazzed. And I love helping provide
these solutions or at least inspiring you to go look in the right direction so
that you can create them for yourself. Let me ask you this, Pedro:
3 homes now. We know how those are going to multiply. What's your goal for this
year, financially? -For this year, my goal is like I said, the different strategy I
have going on right now back at home with the team I'm developing, buying
homes so that we can then grab that cash flow so we can combine more homes. So,
right now, I have actually several deals into work. Hopefully pretty
soon, I'll be able to generate 6 doors. Through that those transactions. -Love
it. -And then like I said, use the cash flow. I mean, you have to get creative.
-Yeah. -Dude, this gets me so excited. And Pedro, you're crossing over into this
really cool zone of take that game plan, take your financial future in your own
hands and run with it. Every one of us needs to do that. You are the financial
planner that you've been waiting for. There's no one else out there that can
design your financial future the way you want than you. You're designed to do that.
And by the way, this event that we're all doing is all about how you seize that.
It's called unleash your financial destiny. Which is realizing you're the
author of your fate. You're the author your financial future. The choices you
make and how you invest in yourself here determines what you get out here. And
Pedro, you've been a great inspiration all of us here. Thank you so much for
being here today. And sharing your inspiring story. And brother, this year
I'm wishing you tremendous success and multiplying your portfolio so much
bigger. -Appreciate it. Thank you very much. -For the rest of you, make sure that you
are subscriber. In the links below, learn how to partner with me without bringing
money to the table. Learn about the events that we've got going on and I'll
even drop a link for that turnkey business that takes a little time, makes
a lot of money. Check it out and we'll see on the next video.