Can real estate actually create financial freedom? You know, it's
interesting. There's a lot of skepticism out there. You've got a handful of people
like, yes it worked for me. Yes, it worked for me. I'm one of those. And you have a
lot of people are like, "Oh, my gosh. I've been burned by real estate. Real estate
went down on me. I lost my house. I bought this thing it didn't work." And that's
kind of the world that we live in today, is it's hot and cold. Yet some people
that are saying 100% yes. And you have other people like never again. Which is
it? And today, I'm actually joined by a couple of my brand new partners that
just started a couple of weeks ago. Zeke and Vanessa. And they actually came
here from Fort Worth Texas. We're actually in the middle of my event. And
they've just experienced day one. And when we cut to them, I'm excited to
interview them and talk about what the next steps are and find out for them in
particular, will this actually create the financial freedom that they hope that it
will?
What's up guys? How we doing? -Good. How are you? -Good. So, glad to have you guys out
here. By the way, ho was day one of that event yesterday? -Amazing. -Really?
-Yeah. -We haven't even already talked about real estate yet, right? -Yeah. -What
was it about yesterday that really was impactful for you? -All the breakthroughs.
You know, seeing Oscar in particular that was really emotional and seeing
everybody connect and and just being able to get past their limitations. And
that was amazing for me myself too. Like, I got past my
limitations and it was amazing. -That's awesome.
-How was it for you Vanessa? -I'll have to say the same.
I didn't realize how limiting belief actually does impact your everyday life. You have them in the back
of your mind but you don't realize. How they actually do affect your present and
future decisions. -Yeah. You know, we're talking about if real estate can
actually create financial freedom. And and it's amazing. Most people get here on
day one they're like, "What's happening. We're not even really diving much into
real estate." And it's because before we can really come up here and say, "Here's
the strategy. Here's the approach. Here's the to do. Here's what you do. Here's
the million-dollar game plan." We have to say, "Wait, we have to do a head check
first. Where's our psychology at? And are we mentally prepared?" Because let's be
honest. What we're really doing in real estate is we're starting a business. And
entrepreneurs have to harness a very different mindset than someone that
works for somebody else. You're ultimately saying, "I'm now in charge of
my financial future. I may have my job still but my goal is to be successful
enough outside of that with the limited time I have that I can eventually either
quick that or just have more options to live life on my terms."
We're trained when we work for somebody else to be like "Yes, sir. Yes, ma'am. I do
what you say." And there's hierarchy. And when you're and entrepreneurs the
opposite it's like, "Wait a second I'm the yes sir-yes ma'am. I'm the one
that's in charge of this thing. And am I going to show up today? And I will I put
the work in? Will I actually take the bold action steps? Will I take the risks?"
So, we address all that mindset, we get it cleaned up. And that's actually a big
part of today's question which is, "Can you actually create financial freedom?"
Here's the fun part about what's going down: I know enough about your finances
that you've done a great job sucking some money in why no 401K. And you
we made the choice to do something with that 401K. What did you decide?
-We decided invest it in real estate. -You decided to
pulled it out. -Yeah. -By the way, if you were to tell your friends had also have
401K's, "Hey, we're taking money out of our 401K." What do you think they
would say? "You're crazy." -Crazy. Like "What about the taxes? What about the penalties??
Like, "Are you nuts?" -Yeah. -All you have to do is math. -You look
at your age in life and you're like, "Wait a second. You know, the average American
by their 60s has $63,000 in the 401K. And even if it were double that,
even if it were quadruple that, many would say, "Wow, you're way above average."
And it's like, "Yeah, I'm way above average is still too little." So, at your age to
say, "You know what? We're leaving that system. We're going to actually step in to
finding our own path. I'm proud of you for that." Because every one of us has to
do that if we want to find our way. Even at risk of losing is better than the
first option where we're guaranteed to fail. I want to have a shot as opposed to
it guarantee of failure. Do you know what I mean? -Absolutely. And that's really what today
is can you actually become financially free? And so here's what I know:
You have enough money from your 401K to buy yourself 1 or 2 homes. And I
think if we're careful, I really want to go for that 2 numbers. -Absolutely.
-Because the goal is can 2 become 4? Well, at a 25 to 30 percent
annual ROI, compounding, my goal is to actually have your portfolio doubled on
average every 5 years. Sometimes, it'll be 3 or 4. Sometimes it'll be 6
or 7. But on average, the goal is every 5 years. Because if if 2 can
become 4, then four can become... -Eight. -And it can become 16. And 16 to 32. And
really now, it's just a matter of time as saying, "Hey, this real estate on the side
can actually produce for me what I want. And you're going to learn through this
event all the other things that you can do outside of your 401K to actually
accelerate and build more wealth than just relying only even on that. Because
when I took my little bit of money and I started my first couple homes, I was like,
"Wow, this is great. But now I'm waiting." -Yeah. -"And I don't want to wait anymore.
Because I'm I'm excited about this. How'd it go faster?" -Yeah. -That make sense?
-Absolutely. -So, here's my advice for you today:
Number one, congratulations using the 401K in buying real estate I believe is a
super smart, super brilliant move. It's going to yield you great tax benefits.
You're actually going to get paid on a monthly basis once it like gets
in motion. And it's an asset that will grow independent of the stock market and
more aggressively and successfully than a stock market. But I would say that's a
first step. If you say "Hey, Kris. I just want to work 20 more years at my
job. And I'll just do this on the side. And instead of putting money in a 401K,
I'll save it up and then buy next house." I will tell you right now that buying
retirement, you're going to have made it. If you want to retire sooner, then you get to
say, "Okay, I need an accelerant or 2 or 3." The 2 accelerants that I would
have you think about while you're here at this event is once you have a track
record on your own homes, the next thing that you can do is find
people in your exact situation. People that you know that you tell me what you
do with your 401K. And today they're saying, "You're crazy." But guess what they
say next year? "Wait, you're still doing that thing and you didn't fall on your
face?" And now, they become open. And then it's like, "Hey, this is this guy on
YouTube. Check out is 4,000 home track record." You know, through 2008, the worst
economy since great depression. And all the sudden, "Hell nos" turn into
"Hell yeses." And people go from a "No mine" to a "yes mine." That happens with track
record. So, the second thing you can do is actually learn... In time, we're going to meet
people that could actually become our partners. They have money, we have
resources. Let's go do more real estate. So, that's a natural thing that happens
once you've done everything you can with your money and then you're waiting. So, I
would recommend that. And then the other thing that I'm really looking at is an
active business. Most people quit jobs and go into businesses and end up
working twice as hard for half the money. Because they don't realize, "Oh, my gosh,
I'm not an employee with one hat. I'm a business owner with 15 hats." And I got
more stress. And it doesn't always mean more money. But I'm going to share with you
during the event standards 5 golden rule standards I have for how I can have
a business on the side that takes minimal time that actually makes a lot of
money. And then that creates an additional option. So, ultimately today as
I give you the blueprint for the million dollar mindset and game plan. It's going to
be about learning how to keep your out there and open to this is a step. Now,
it's like now I'm going to look for how can create additional streams of income
to go faster. So, that make sense? -Absolutely. -So, you guys are going to make it
either way. Now, it's just a matters when do you want to make it by. -Yeah. -And what do
you do to accelerate that. Do you guys have a gold when you'd like to retire by?
-We've never actually discussed it, age. But as soon as possible. -Okay. -As soon as
possible. -You know, this is a good moment. Like,
most people like, "I'll probably works on 65." -No. No, no. We don't want that. -At least
latest is 45. -Yeah. Forties. -How many years does that
give us, roughly? -Well 10 for her, 8 for me. -Alright. Listen. I'll just tell you, 8 to
10 years with a good plan and willing to take bold action just like you're doing
right now, you can do that. -That's what we want. -And I'm excited for you. -We are so
excited. Well, friends, listen. They're on their journey to find out if real estate
can actually create financial freedom. And I'm going to impart one last thing with
you that they're going to be learning tonight. And it's a principle that I call
absolute certainty. It's something that I actually learned from Tony Robbins. Had a
chance to mentor with him through one of his high-level masterminds. And as he
teaches his principal, what I really love about it is he basically says, "Anytime
you want to create something that you don't currently have, you have to
convince yourself. You have to manufacture the most compelling mental
evidence that you've already done it." So, you go in with a certainty. I mean,
frankly, that's why we have Disneyland because Walt Disney drew a little
cartoon picture of a mouse and he went to a bank and got turned down. Then he
went to the next thing. He got turned down 300 times before Bank invested
in him. And today with Disneyland, Disney World all over the world. Right? -It's
place like it's an amazing organization. When you look at like J.K Rowling's. This
woman had the manuscript that would allow her to become America's the
world's first billionaire author. The only billionaire author. Her manuscript
was shut down 12 times. I hope they put a big poster there like saying, "We are
idiots for turning down J.K Rowlings." -Yeah. -But she was persistent. She
could have. She was a nobody. She could have totally given up. She didn't. Oprah
Winfrey was told that she's not cut out for journalism. Like, we have all of these
people in life that found a way to create such a deep certainty.
And the reality is that certainty is a choice. So, can you actually become
financially free? I think isn't about believing it when you see it. It's
actually more about saying, "I'm choosing to believe it no matter what.
I'm all-in a million percent committed to this. I'll do whatever it takes." And
then the breadcrumbs manifest and ultimately lead to the thing we call
financial freedom. So, my advice for you guys is create this compelling evidence
in your mind. And that meaning just decide you are financially free. Spend
5-10 minutes a day in your mind Palace just rehearsing it, enjoying it,
spending the money, being with the kids, grandkids. This traveling, living the life
that you want. And everyday, spending some time there can create that feeling of,
"Wow, I'm feeling inside as if I've already got it." And that is something I
do every single day of my life practicing the things that I don't have
yet. And somehow it awakens the universe to allow these ethereal
thoughts to manifest in material. So, just decide. "I'm financially free. I'm fully
committed no matter the failures no matter what I
have to go through." And if you do that, that's what will lead to it actually
become reality. Make sense? -Absolutely. -You wanted to do that? -Oh, yeah. -Awesome. You
guys have any final thoughts or questions for me about this whole
financial freedom journey that you're just getting started with? -No. I mean,
we're just eager to learn more and see what you got today. Yesterday was
so amazing. So... -Well, we're going to have you in connecting with one of my coaches
today. We're going to make sure that we're clear on our next steps. But the
financing paper is done and we're going to start getting in a contract. Moving on
deals and making it a reality. -Can't wait. -Congratulations, my friends. I'm so excited
for you guys. And we'll do a video later down the road and actually follow back. It's
checking and see how it's all going, okay? -Absolutely. -Thank you guys so much for watching
today. And thank you both for being here. Zeke and Vanessa, wonderful
human beings. I'm glad they found me on YouTube. And that we found a way to
connect with each other, that we get to share this experience. If you want to
learn more about partnering, more about your own custom game plan for financial
freedom, doing it with or without money or even attending one of our events. By
the way, is that something you'd recommend? -Absolutely. -Then all
you have to do is check the link below. We've got all the information there. Make
sure you are a subscriber and we'll see you on tomorrow video.