How to Build Real Estate Wealth & Save Hundreds of Thousands Sourcing from China

20 Jun 2025 · 1 h 49 min

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Earn Your Leisure Podcast Notes

Episode Title

How to Build Real Estate Wealth & Save Hundreds of Thousands Sourcing from China

Hosts

  • Rashad Bilal
  • Troy Millings

Guest

  • Matt Garland (also known as MG, The Mortgage Guy)

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Episode Overview In this insightful episode, Rashad and Troy engage with Matt Garland to delve into various strategies for building wealth through real estate, highlighting innovative methods such as house hacking, smart financing, and sourcing materials directly from China to maximize profits on real estate projects. The conversation intertwines practical real estate advice with lessons learned from Rashad's recent trip to China.

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Key Topics Discussed

  1. Becoming a Real Estate Professional
  2. Importance of understanding the current real estate market.
  3. Creative strategies for entering the real estate field (e.g., house hacking).
  1. House Hacking Strategies
  2. Definition: House hacking involves purchasing a property, living in one unit, and renting out the others to cover mortgage costs.
  3. Two-Unit Strategy: Buy a duplex, live in one side, rent the other, using an FHA loan (3.5% down) or a conventional loan (5% down).
  4. Scaling Up: The 2-2-2-1 method to acquire multiple units over time.
  1. Financing Real Estate Investments
  2. The significance of loan officers in real estate transactions.
  3. Average commission structures for loan officers and potential earnings.
  4. The process to become a loan officer, including licensing requirements.
  1. Sourcing Materials from China
  2. Rashad shares insights from his trip to China on how to source high-quality home materials directly.
  3. Benefits of purchasing materials from Chinese manufacturers, leading to substantial savings on home projects.
  4. Discussion on the variety of products available and the manufacturing capabilities in China.
  1. Investment Opportunities
  2. The increasing potential for real estate investments as homeownership rates continue to rise.
  3. The necessity of understanding market trends, such as short-term rental income potential.
  1. The Importance of Due Diligence
  2. Critical factors to consider when investing in real estate and sourcing materials.
  3. Recommendations for finding reliable contractors and negotiating fair prices.
  1. Current Trends & Future Predictions
  2. Insights on future trends in real estate investment, particularly in 2025 and beyond.
  3. The role of technology and AI in shaping the real estate landscape.

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Key Takeaways

  • House Hacking: A viable strategy for first-time homebuyers or investors to reduce living costs while building equity.
  • Real Estate Financing: Understanding the role of loan officers and how to leverage financing can be crucial for success in real estate.
  • Sourcing from China: Directly sourcing materials can save significant costs, as illustrated by Rashad's experiences.
  • Networking: Building relationships with industry professionals can provide valuable insights and opportunities.
  • Due Diligence: Always conduct thorough research before making real estate investments or sourcing materials.

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Conclusion This episode combines practical advice with personal anecdotes, providing listeners with a comprehensive understanding of real estate wealth-building strategies. Rashad and Matt's experiences underscore the opportunities available in both real estate investment and international sourcing, urging listeners to think creatively and strategically about their financial futures.

Call to Action Listeners are encouraged to purchase tickets to InvestFest, where further discussions and insights will be shared regarding real estate, finance, and wealth-building strategies.

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Additional Resources

  • InvestFest Ticket Link: [investfest.com](https://investfest.com)
  • Sponsors:
  • PNC Bank: [PNC](https://www.pnc.com)
  • Square: [Square](https://square.com/go/eyl)

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This meticulously structured episode provides valuable insights for both aspiring and seasoned investors, making it a must-listen for anyone interested in real estate and financial growth.

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Transcript

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0:00This is an iHeart Podcast. Guaranteed Human. Run a business and not thinking about podcasting? Think again. More Americans listen to podcasts than ad-supported streaming music from Spotify and Pandora. And as the number one podcaster, iHeart's twice as large as the next two combined. Learn how podcasting can help your business. Call 844-844-iHeart. Hey, it's Joel. And Matt. From HowToMoney. If your New Year's resolution is to finally get your finances in shape, we've got your back. Prices, they're still high. And the economy is all over the place. But 2026 is the year for you to get intentional and make real progress.

0:35That's right. Each week we break down what's happening with your money, the most important issues to focus on, and the small moves that make a big difference. Kick off the year with confidence. Listen to How to Money on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. What if mind control is real? If you could control the behavior of anybody around you, what kind of life would you have? Can you hypnotically persuade someone to buy a car? When you look at your car, you're going to become overwhelmed with such good feelings. Can you hypnotize someone into sleeping with you?

1:05I gave her some suggestions to be sexually aroused. Can you get someone to join your cult? NLP was used on me to access my subconscious. Mind Games, a new podcast exploring NLP, a.k.a. neurolinguistic programming. Is it a self-help miracle, a shady hypnosis scam, or both? Listen to Mind Games on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. An illegal alien from Guatemala charged with raping a child in Massachusetts. An MS-13 gang member from El Salvador accused of murdering a Texas man. A Venezuelan charged with filming and selling child pornography in Michigan. These are just some of the heinous migrant criminals caught because of President Donald J.

1:51Trump's leadership. I'm Kristi Noem, the United States Secretary of Homeland Security. Under President Trump, attempted illegal border crossings are at the lowest levels ever recorded, and over 100 ,000 illegal aliens have been arrested. If you are here illegally, you're next. You will be fined nearly$1 ,000 a day, imprisoned and deported. You will never return. But if you register using our CBP Home app and leave now, you could be allowed to return legally. Do what's right. Leave now. Under President Trump, America's laws, border, and families will be protected. Sponsored by the United States Department of Homeland Security.

2:31Yeah, yeah. Back. Yeah. You back. What's going on, y 'all? Traveling mercies have been answered. You have returned. I need an encore, y 'all. You have returned. Y 'all should welcome me back. What did you say? Don't say I never told you nothing or never helped you? That's a fact. welcome back man welcome back we happy to have you back in the town back in the state back in the country um they were nervous some people were nervous man they were like yo shadi giving up too much game they might not let him back but they let you back shout out to china man shout out to the good folks in china gg ping and the and the rest of the whole team out there comrades um man a lot to talk about maybe we'll talk about some of that stuff on this conversation because it does relate to real estate, but if you've been following what we've been doing over the last couple of months, we've been having this how-to series every few weeks where it's interviewing a professional in an area.

3:30And it's more of a critical breakdown as opposed to an interview where we're just picking one particular topic and we're just going through it like, okay, tell me about this, tell me about that. Sometimes they have slides and it's been really successful. We've done it on artificial intelligence. We've done it on credit. We've done it on taxes. And the first person that we did it with was Matt, MG, the mortgage guy. We did it probably like six months ago and he did it on home buying, home buying process for like people that's buying their first home. So now we're getting up for InvestFest and we wanted to revisit the conversation with real estate.

4:06And this time we're going to talk about a few things that we didn't talk about last time. We're going to talk about, you know, how to, how to make money in real estate and some, some conventional ways some non-conventional ways some some ways that you're not even thinking about so um this is going to be a good one yeah this is going to be a good one so let's let's bring them up

4:29ni hao and jizzle what's good my guy you know alive and blessed thank god for another day what's good man everything's good man i think this is an important conversation as we've grown as our audience has grown people have bought homes and that's great and we've seen that increase in our communities which is important but the other piece is that there are people who want to invest in real estate figure out how to make money in real estate which is left talked about so i'm glad we're going to be able to uncover some of that tonight man we appreciate you being here brother now always uh always grateful to be on the platform shout out to earn your leisure the hardest working men and show business.

5:07These guys travel the world literally right now, bringing us investigative journalism at the highest level. So please throw some gems in the comment for Rashad and Troy, because what they do, they make it look easy, but it's extremely difficult and dangerous at times, too. Some dangerous situations with giraffes and rhinos and hyenas.

5:36let's not let that go over your head y 'all shout out to alicia that's love is love appreciate it appreciate it my brother so always good to have you on the program so um man we got an announcement for investors but i want to wait a little bit until we get into the to the flow of it um if you didn't watch market mondays shame on you but um you know we got we got a lot we got a lot but But I will say just, you know, quick, InvestFest is just going crazy right now. Like we just, we actually just got another person an hour ago. I didn't even get a chance to tell you that yet, but we got another person an hour ago.

6:12So the lineup is going crazy. When you look at Jack Dorsey, when you look at Magic Johnson, when you look at somebody like Lauren Weaver, whose net worth is$400 million, a lot of people might not even be aware of that. She's one of the richest black women in America. If you look at Issa Rae, legend in the game, Steve Harvey, Charlemagne the God, Tabitha Brown, John Hope Bryant, killing of course a brother Ian Dunlap. Got 19 Keys, Pinky Cole, Matt, M.G. The Mortgage, got Dr. Cheyenne, Bryant, Jamal Bryant, Stephen Jackson, LaRussell, Ryan Leslie. The list goes on and on and on. But get your tickets to InvestFest.

6:55This is going to be epic. year five, get your vendor booth. There's a few vendor booths left. Don't miss out on that opportunity to network with tens of thousands of positive, like-minded people. That's powerful. It can literally change your life. So go to investfest.com, get your tickets, and hope to see everybody in Atlanta in a few months, man. Looking forward to it. So Matt, let's get into it. We talked about real estate, like I said, the last time that you was on, but there was a few things that we didn't talk about. So definitely want to talk about house hacking. Want to talk about, you know, different trends that might be a little bit different in 2025 going into 2026, as far as on the home buying investing side.

7:38But before we start, let's, let's really talk about other ways to make money in real estate outside of the traditional buying a home, right? Like as far as even doing real estate as a profession. and a lot of people think about real estate as a profession, think about selling homes as an agent to sell homes. But you have a unique theory that we need more people in other areas. So talk about that. Yeah, man. Again, thank you guys for having me. Always appreciate to be here and especially talking about this topic because I really feel as if the mortgage business saved my life 20 plus years ago, college dropout.

8:17Didn't really know what I was going to do in my life, to be honest with you. And my best friend, who's a pastor, who's also going to be at a best fest, Philip Anthony Mitchell, probably the most viral pastor in America in 2025. We grew up together and he's the one who told me to become a loan officer. And in fact, I thought, he's trying to tell me to be a cop at first. I'm like, what the hell is a loan officer, bro? I'm not being no cop. He's like, nah, it's the people who give people a mortgage. I didn't even know what a mortgage was, right? He was like, it's a loan that people get to buy a house with.

8:54And this was 2003. And I've been in the industry ever since. And it changed the trajectory of my life, my children's life. I have, shout out to Brooke. She's in college right now. She has no student loans. And my son's graduating high school this month, and he's going to go to college with no student loans. So it's been able to set up a trajectory in my life that I was able to break generational curses, not just from a home ownership standpoint, just from a financial standpoint. And it was being in the mortgage business. So when people look to get into this business, they look at being a real estate agent, right?

9:28When you have all these shows that highlight selling homes, right? You have the million dollar listings, you have the Ryan Serhance of the world, right? All these shows glorify being the real estate agent. The real estate agent is the rock star. But guess what, ladies and gentlemen, I hate to be the bearer of bad news, but these folks are getting loans, right? These folks are not sitting out here buying all these properties, all cash, no matter what the TV will tell you, right? People are getting financing, but it has to be someone that's doing a loan. And that's basically what I do, but we don't get the credit.

10:03We don't get the recognition as loan officers because we're pretty much, people think of us, we're just stuck behind the computer in the bank, right? And with platforms like Earn Your Leisure giving me an opportunity to talk about my genius, which is real estate finance, and it's put us now on a platform to where people are now being influenced by me and now getting into the industry. I can't tell you guys over the past six, seven years how many people said they got into the mortgage business because of Earn Your Leisure podcast and watching me on the podcast. So I wanted to have that conversation to kind of to the audience to kind of break down like, look, this is the route.

10:45If you want to get into real estate and you might not have all the money to buy your first home, a duplex, buy investment properties, you should really get into the mortgage industry. And it doesn't take much for you to do so. You have to be 18 years or older, have no felonies on your record, take a 20-hour pre-licensing education exam. It's called the SAFE exam. And it's only 20 hours. Think about 20 hours. That's three days if you go to class in person. So walk me through the process. If I myself wanted to do this today, I can't take a 20-hour test because I don't know what's on there for me.

11:30So, okay. Is it a self-study? Is it like a Kaplan thing where you can actually buy a course to help you study for the test and then take the test online? Good question. So you can do it in person or virtually, right? If you do it in person, you can do it, break that 20 hours into most schools will offer it just in a week, right? You can break that 20 hours into a week, but if you do it online, you could do a self-study. They'll probably give you two to three weeks to complete that 20 hours. So whatever floats your vote. You can do it. The investment to get into this 20-hour class is going to cost you around $500,$600 only.

12:09And so you're learning as you're taking the test. So you're learning the laws, right? So the licensing exam is going to teach you the laws. It's not going to teach you sales. It's not going to teach you product knowledge. It's going to teach you the laws so that way you don't commit fraud and get locked up, period. Very important. very extremely important. Here at Earn Your Leisure Network, we do not promote mortgage fraud or any type of fraud at all, right? So this is going to teach you how to keep yourself out of jail, do the right thing. But it's only 20 hours, fellas. It's not a long time in retrospect.

12:45So once you pass the class, then you have to take the federal exam. The federal exam is probably a couple hours long. Let's just call it two hours long. I haven't taken it in 10, 15 years, but it's probably like two hours, two hours to three hours long. And you have up to three chances to take the federal exam. If you fail three times, then you have to wait, I think, six to 12 months before you can retake it again. But the key is before you take your federal exam, you should take practice practice exams, right? Because they mimic exactly what's going to be on a federal exam. And once you start getting over 75 to 80 consistently, then you're ready to take that federal exam.

13:29But once you pass the federal exam, then boom, you have to now find a lender or mortgage broker that's going to sponsor your license. And then your license will be issued Depending on the state, it can take anywhere up to 30 days to six months. New York is the slowest. I think New York is the slowest with everything in life. To get your New York license from the time you submit to the time they approve it, it can take about six to eight months. But states like New Jersey, Florida, Georgia, you can get those within 30 days tops. But the key to all of you have to work for a mortgage lender or a mortgage broker that are licensed in these states.

14:16So it's a wonderful career path for anyone who likes numbers, who likes customer service, and does sales. So if you are currently a CPA, even if you're a current real estate agent, you can have your real estate license and your mortgage license simultaneously. So you can do both sides of the transaction. You can't do both sides of the transaction if you are doing an FHA deal. But if you're doing conventional deals, you're doing commercial deals, investment properties, you can be the realtor and the loan officer on that same transaction. And you can double dip. Right. Which a lot of people don't understand.

14:57So if you're a CPA, if you're a car salesman, if you're a customer service rep, if you work in one of these department stores, these are all good jobs that translate very well in the mortgage industry. So once I pass that, I got my license, somebody has now sponsored me. Do I ever have to renew my license or am I good? And I guess it's a twofold question. The most important part is like, how do I make money? You talked about agents and we watch these shows and I'm guilty of it as well. and we watch that they get commissioned from the sale. How does that work for somebody in your space? So to answer the first part of that question, yes, you have to renew on an annual basis.

15:35You have to do continuing education every single year. So the more licenses that you have under your belt, the more continuing education you have to do annually. Some states you have to do two hours, some states you have to do three hours, and it has to all be done before December 31st of that calendar year, right? So you can hold your license in multiple states. So let's just say, for example, we're based in New York. I work for a New York based company, but the company is licensed nationwide. I can hold an individual loan officer, MLO license in each of those states that the company that I work for is also licensed because they can sponsor me in each of those states.

16:18But if I have 50 licenses, right, for example, then I have to do 50 continuing educations, right? So it can get very costly, too. So now every time you go to submit your license, depending on the state now, it can cost you$300 to$500 for filing fees, state licensing fees, things of that nature. So it can add up, especially when you're doing continuation. So you don't want to get licensed all across America. That's number one. So yes, to answer your question, you have to maintain your license. We're doing annual continual education. Now, how do you make money in this business? That's the million-dollar question.

16:55Every loan officer has a comp plan, a compensation plan. And depending on where you work, whether it's a mortgage company, a mortgage broker, everybody's comp plan is going to be different. But on average, I would say the average loan officer comp plan can be around one point or 100 basis points or 100 bps, as we say in my industry. So in layman terms, every million dollars that you close, you'll make 1 % of that, which is$10 ,000. So think about this, we live in a world where home prices are skyrocketing nationwide. I mean, if you look in your neighborhood, the average price is over a million dollars here in New York.

17:39if you do one deal a month at a million dollars, that's$10 ,000 in commission that you can make. Even if you live in a state where the average price is not a million dollars, right? Let's just say it's$400 ,000. Every$400 ,000 deal you do is$4 ,000. You do two deals a month, $800 ,000 in loan value every single month. That's$8 ,000 a month times that by 12. That's a six figure career now. Most people in America are not making six figures, but I guarantee you, everybody who's watching this, no more than 20 people who probably purchased a home in the last 12 to 18 months, right? So it's an opportunity for folks, especially those who are looking to make more money, right?

18:22Those who are stuck at jobs that they hate, that they are not being fulfilled, this is a career opportunity where you can help people, but earn at the same time, learn, and then also now achieve your goals with it. I just asked a follow-up really quickly. So I can't do that independently, right? That company that sponsored me, that brokerage, I have to stay with them for, I would assume, a certain amount of time until I build my own business. And at what point can you turn this into an independent situation? Yeah, absolutely. So you can definitely become your own independent mortgage broker. You have to get your mortgage broker license.

19:00And then once you get your mortgage broker license, you can open up your own shop. Now, obviously, you don't want to do you don't want to get your own broker license with no book of business. Right. Because it just defeats the purpose. Why open up if you ain't you ain't got the money to keep up your overhead. Now it's going to be a little bit more expensive because you have compliance. you have as an owner of the company, you have a little bit more that you have to invest into it. But if you have a good solid book of business, I think if you work in this industry for two, three years and you build a solid book of business, and if you're unhappy with the companies that you work for and you want to create your own destiny, then by all means, get your mortgage broker license and open up shop and rock and roll.

19:43There's a lot of people out there that choose to go that route. Me personally, I haven't opened up my own broker shop because I make the majority of the money right now without the compliance and without the risk of owning a company. So you got to understand when you're in this business, because of the crash that happened, the great recession, there's a lot of rules and regulations on the mortgage side. So for me, it just from a financial perspective, it doesn't benefit me to quote unquote own the company. I just negotiate good deals to where I can get the lion's share and I can participate in some of the back end secondary market stuff that, you know, that's a whole nother topic for a whole nother day.

20:27But, um, but you know, it's very lucrative for me and my role for me to eat that way and not have the risk that's associated with ownership. But yes, you can do that. gotcha yeah no that was great i mean because you know it's all trades a lot as far as you know we need electricians we need plumbers but we also need people that's in these type of professions right like we need loan officers and that's something that you can actually you know do make six figures a year potentially and still do something else as well still invest in real estate still still trade stocks still be an entrepreneur so when we're just looking at the new age economy as far as where people are going to actually be needed.

21:10As of right now, we still need loan officers. AI hasn't taken that job. So that's something that you can actually do. And you don't have to have a master's degree in real estate to figure this out. You can actually, if you got some hustle, some wit about yourself, you can make some money. So we're going to talk about the real estate side as far as the investing and stuff like that. But wanted to lead with that because that's something that might not be as sexy, but that's important to have that information that you can go down that path and at least have some income while you're trying to figure things out.

21:46Yeah, I think it's important. One thing you just said, Rashad, is very important is representation. When you go into these banks, you don't see too many people that look like us. When you look at the average loan officer in America, we are the smallest percentage of of people that are out here writing loans. And there's a lot of us, the black home ownership rate is starting to increase gradually. We're at 44%, which is still the lowest, but you have to also look at that as the opportunity too. We have the lowest home ownership rate. And when we have platforms like EYL that's teaching us all about stocks and options and how to run these different plays, where are you going to dump your money?

22:26For the tax haven, real estate. So it's an opportunity for us to get into this business and honestly, take it over and help a lot of us become owners. And the more you learn, the more you earn at the end of the day. So if you take the real estate financing side seriously, you're going to be a hell of an investor too, because you're going to know how to fund your deals. You're going to know the banks that are doing this type of deal versus that type of deal where the average real estate agent. And honestly, this is no disrespect to my realtors. I love y 'all, but most real estate agents, most real estate agents don't have a clue about real estate finance and which banks can do what and do it very well.

23:07So if you are looking for a career that, like you said, can make six figures, can make seven figures, can fund your lifestyle and help you get into the real estate investing aspect of things, look no further than investing less than a thousand dollars into getting your licenses and getting your license sponsored by a mortgage broker and come over to the dark side and come get some of this money and help our people win. That's a fact, man. Rob Markman So, okay, we're going to get into it. But first, InvestFest. I talked about the lineup. We are doing a special raffle for this week only. It started on Monday.

23:47We announced it on Market Mondays and it's running to Sunday, June 22nd. So every single person this week up and you have up until Sunday, if you buy a general admission ticket, you will get access to Matt's homebuyers program. And he teaches teaches actually the steps of house hacking. You could probably explain it better than I can. Yeah. So it's the House Hacked the Freedom Program. It's a six week live course that I'm doing currently right now. We're in as we're filming this, we're in week three of it. So you'll get access to the replays. You know, once the raffle is over, I'll give everybody access and you'll have access to the first three weeks.

24:34But you'll be able to join me for the following three weeks live every Tuesday, 8 p.m. Eastern Standard Time. And I go for about two hours. Like week one, I went for three and a half hours. It was crazy. But I'm teaching everything about house hacking, the 4-3-2-1 strategy, where that's the strategy where you can get up to 10 doors in four years. I'm talking about another different strategy that we'll talk about on this program today. And we're talking from tax benefits, credit, how to boost your credit, business funding, how to find properties, how to analyze deals like an investor. So there's a lot that's being covered in the six weeks.

25:17It's going to be damn near 15 hours of content once it's all said and done. So it's going to be a lot of information for anyone who's looking to scale their real estate portfolio and get in the game and learn how to do it the right way in 2025 going into 2026. And then we also have a community aspect to it where folks are in a community, they're engaged, they're pushing each other. And everybody has the same like mind. Everybody's trying to get doors, right? Affordability is a big issue in America today. And the best way to buy real estate, in my opinion, is if you're house hacking right now. So the House Hacker Freedom Program is all about helping you guys achieve freedom in four to five years through real estate.

26:00So everybody that buys a ticket gets access to that. Then the raffle part is that three people will be selected and those three people will get upgraded to VIP tickets. And then two people will be upgraded to platinum VIP tickets. And then one person will, the grand prize winner will get a round trip for two people to Ghana. that includes flight, hotels, meals, excursions, cultural experiences, you name it. Tour of Sombra City. You go in the whole six days, six days in the motherland. And all you have to do is buy a ticket. And the question is, okay, if I already purchased a ticket, if you already purchased a ticket, you will be entered into the raffle also.

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26:54And if you already purchased a ticket, you will get access to the Home Buyers Blueprint. I mean, I'm sorry. You will get access to the community. House Hack to Freedom community. And VIP people, don't worry. We got something for you guys coming up in a couple weeks. This is for general admission. Yeah, that's what the GA stands for. I know some people were confused. They thought that I bought a ticket when I lived in Georgia. No. GA was for general admission. earners what's up you ever walk into a small business and everything just works like the checkout is fast the receipts are digital tipping is a breeze and you're out the door before the line even builds odds are they're using square we love supporting businesses that run on square because it just feels seamless whether it's a local coffee shop a vendor at a pop-up market or even one of our merch partners square makes it easy for them to take payments manage inventory and run their business with confidence, all from one simple system.

27:55If you're a business owner or even just thinking about launching something soon, Square is hands down one of the best tools out there to help you start, run, and grow. It's not just about payments. It's about giving you time back so you can focus on what matters most. Ready to see how Square can transform your business? Visit square.com backslash go backslash E-Y-L to learn more. That's square.com backslash go backslash EYL. Don't wait. Don't hesitate. Let Square handle the back end so you can keep pushing your vision forward.

28:31This episode is brought to you by PNC Bank. A lot of people think podcasts about work are boring. And sure, they definitely can be. But understanding a professional's routine shows us how they achieve their success little by little, day after day. It's like banking with PNC Bank. It might seem boring to save, plan, and make calculated decisions with your bank, but keeping your money boring is what helps you live a more happily fulfilled life. PNC Bank, brilliantly boring since 1865. Brilliantly boring since 1865 is a service mark of the PNC Financial Service Group, Inc. PNC Bank, National Association, member FDIC.

29:13An illegal alien from Guatemala charged with raping a child in Massachusetts. An MS-13 gang member from El Salvador accused of murdering a Texas man. A Venezuelan charged with filming and selling child pornography in Michigan. These are just some of the heinous migrant criminals caught because of President Donald J. Trump's leadership. I'm Kristi Noem, the United States Secretary of Homeland Security. Under President Trump, attempted illegal border crossings are at the lowest levels ever recorded. And over 100 ,000 illegal aliens have been arrested. If you are here illegally, you're next. You will be fined nearly$1 ,000 a day, imprisoned and deported.

29:56You will never return. But if you register using our CBP Home app and leave now, you could be allowed to return legally. Do what's right. Leave now. Now, under President Trump, America's laws, border, and families will be protected. Sponsored by the United States Department of Homeland Security. So that ticket enters you into this contest, and you should be taking advantage of it. I mean, it's a no-brainer. General admission. So get your tickets to InvestFest. If you're going to InvestFest, this is the week to get your tickets. The hotel block is on our website. So go to InvestFest.com. Get your tickets.

30:30Get your vendor booths. This is vitally important. And if you buy a vendor booth, you'll be entered into the raffle also. Okay. So let's talk about house hacking. I posted on Instagram earlier this morning. So I am going to talk a little bit at the end about the China play. That's like the added bonus because I've been getting a lot of questions about that. Please. Let's talk about some house hacking, right? You have a new strategy? Yeah. Yeah. So with the house hacking, and I kind of go into a lot of details about this in the program as well, but I give you guys a little preview of it. Let's call a spade a spade, right?

31:14Over 85 % of US homes are either single family or duplex. So I know you guys heard me talk about four, three, two, one all the time, but that's just not reality for the majority of America. but just because you can't get a three or four family, it doesn't mean you can't build wealth with the strategy, right? So the strategy is the two, two, two, one method, right? Start with one house, scale to six to eight doors. Now, this is perfect for areas like if you're in Georgia, if you're in Texas, if you're in the South, right? You're going to have a lot of duplexes in these areas, right? So the strategy, and you guys can screenshot this if you're watching this right now, screenshot it and you can go through it later.

32:05But the strategy is you buy duplex, live in one unit, rent the other one, right? You can use FHA loan three and a half percent down, or you can use a conventional loan with 5 % down. The tenant is going to cover the most, the majority of your mortgage or all of the mortgages, depending on what type of rental strategy you're going to use. But the goal is, again, live in one, live in this for a year, maybe two years, just depending on your living situation and life, right? And then you go into the next property and you just repeat the process. Now, a lot of people will probably look at this and say, Matt, I know you took four, three, two, one.

32:41So why can't we do four, four, four, four, one? It's more difficult to go from one fourth family to another because then the underwriters are going to really look at, like, where is that four-family located, the size of the four-family, and et cetera, et cetera. So it's much easier to do a 2-2 because most areas that are dominated with duplexes, these are all in good areas. If you have a lot of four-families, most of these are more so in the hood. So what's really the motivation for moving to one hood spot to another hood spot? And it's basically in the same neighborhood. When you what I see around America with the duplexes, they are positioned, you know, in high quality, good areas.

33:26So it's a little bit easier to to say, hey, I'm moving from a different area, different school district, et cetera, better neighborhood, bigger apartment. It makes more sense. So this is a strategy that I've done for years with, you know, hundreds of my clients. and they've scaled and built their portfolio this way. So again, you guys take a screenshot. You can kind of go through this on your own, but the truth of it is you don't need a three or four unit to build wealth. You just need intentional buying and creative monetization with strategic reinvestment to build wealth and real estate. Now, if you do the single family and duplex next house hat play, short-term rental income is probably going to be the key to your success.

34:17Now, first of all, I'm going to tell you guys, check your rules and your regulations when it comes to short-term rentals like Airbnb and things like that, because these rules and regulations have been trained nationwide, city to city. So you want to make sure that you're meeting all the compliance and guidelines of your area. But the average daily rate as of August of 2024 for short-term rentals in the U.S. was about$329 a night, right? And in 2025, short-term rental occupancy rates from sites like AirDNA, and you guys can go to AirDNA and look up all the stats of yourself, they're all rebounding.

35:00So this is an opportunity for you guys to go out here and buy these type of properties and use short-term rental hacks, use mid-term rental hacks to create more revenue. Now in 2024, the average revenue for a short-term rental Hulse was around$36 ,000 a year. Now, depending on your mortgage loan amount, interest rates, and your payment, if you're able to generate about$36 ,000 on average a year, this is going to pay majority of your mortgage for the year. And then you guys, you have things out there, like if you have a swimming pool, I'm not sure if you guys, have you ever heard of a thing called Swimpley?

35:49No. Is that when you rent the pool? You can rent out your backyard. Yeah, yeah, yeah. Right? You can rent out your backyard. You can rent out your pool. Like, I have one of my mentees. Every year, she rents out her backyard, her pool here in New York, and it pays her mortgage for the year. Like, it's incredible, right? Because people treat that like an event space for the day. Right? So you can have somebody's backyard for eight to ten hours and you're paying$200,$300 an hour for the full use of their backyard and their swimming pool. So there's so many different ways to house hack and generate money with a single family or a duplex to make it more affordable.

36:35Now, also, here's another thing that people don't really realize is that border income, aka if you have a roommate, what people don't know is Fannie Mae will allow you to use this border income to help you qualify for a mortgage under the Fannie Mae Home Ready program. Now, the requirements is the borrower must have a history of receiving that rental income for at least nine of the past 12 months. And you need documentation such as your lease agreement and show proof of receipt that your roommate has been paying you to, or since y 'all live in an apartment together, and then you can use that income to help you qualify for a mortgage.

37:20So to break that down, just in quick layman terms, if you are living with someone right now and you have a lease and they're on the lease with you, if they're your bonafide roommate, not just someone who just in the house and you say, Hey, they live here. No, they have to be on your lease. If you know you are in position to qualify for a mortgage faster than they are. What you should do is collect the money, their portion of the rent money from them, tell them to sell it to you, cash app it, whatever it is, and make sure you put that is on the memo, January's rent, February's rent, March rent, right?

37:58So we can document it that they've been paying you. And then you go ahead and pay your landlord from your account. Now, if you do that nine months out of the past 12, then when you go qualify for your mortgage, you can use that rental income as part of your income to help you qualify for your mortgage. Y 'all got where I'm going with this? I see where you're going with this. Documentation is important. Making sure you're keeping records is important. And that goes for if you're buying an individual home, but even more so in this situation when you're trying to have investment property. So you've unlocked something here.

38:36Let's go back a little bit. All right. If you're in a relationship with somebody, right? And we talk about 50-50 a lot, right? On these different shows and podcasts. But that's the real thing, though. Where somebody lives with somebody and they're contributing. They're contributing something. But most of the time, they're just giving a person money. So it's usually either male or female. Somebody has a lease in their name and they meet somebody and after a while, and then that person just kind of ends up living with that person. They may not never be on the lease. Correct. They're contributing financially on a certain level, but there's no real documented record of them contributing financially.

39:22Correct. You're saying that boyfriend, girlfriend, whatever, you're living with somebody. That should be something that's documented because if it is documented, then what is it called? So it's border income, right? So if in that same situation, you have the girlfriend. Let's just say the boyfriend and the girlfriend moves in, right? Let's say that situation. The lease is in the boyfriend's name. But y 'all splitting it 50-50, as Rashad said. The girlfriend is not on the lease. Boyfriend is in position a year from now. He wants to go buy a house for them to live in. He should now put her on the lease of the apartment.

40:07And then now when she's making that contribution, don't make it cash. she should zale him a wire transfer a cash app put on the memo it's for her portion of the rent as long as we have that document nine out of 12 months and then now the boyfriend goes to get pre-approved and says that hey this is my roommate she is going to live in the house with me now from a lending perspective i can use the portion of that rental income that she's paying let's just say it's a thousand dollars a month as i was gonna say clean clean number a thousand dollars a month right on the memo i'm putting five hundred dollars in toward that yeah at the end of the year let's say it's the 12 months now it's an additional six thousand dollars that you have in income correct that's now is going to be used for the boyfriend during his pre-approval to help them qualify for more of a house.

41:07It's a clean way of qualifying with using this roommate income because you're roommates, right? At the end of the day, you're not legally married. You're technically single in the eyes of the law. Boyfriend and girlfriend is not a marital status, right? Not a check status either. Last time I checked. So you're legally single. This is your roommate. So if you do it that way, now that rental income can now be used to help qualify for a mortgage. Now, I know some people are going to say, well, why won't she just go on the mortgage with him? This now we talk about divide and conquer. Let's just say now they move into this house, they get approved and they wind up separating.

41:59right? Now, she doesn't have a mortgage in her name. She can still go out here and buy a duplex, a single family and house hack her life away as well. So just depending on your circumstances and your situation, if you understand real estate financing and these programs that are out there, and if you set your documentation up the right way, you can really go out here and scale at a very high level and reap all the benefits of wealth building with real estate if you know exactly what you're doing. That's a very vital play, man. I never heard that. I'm glad you broke that down. It doesn't have to be boyfriend and girlfriend either because there's a lot of scenarios where somebody lives with somebody.

42:43It could just be with college roommates. Could it be parent-child? No, it can't be parent and child. But let's think about college roommates. Think about what's just happened in May and June, we have all these college graduates, right? Most of them have what? Roommates for the majority. So first of all, if you just graduated college, congratulations, right? But did you know that you can use your college education as your work history and you don't need a two-year job history, you can use your college history as work history? Did you guys know that? Say that again? So you just graduated from college, you did your undergrad, Right.

43:23Four years. You're 22 years old. You're graduating. You just got a job offer from, you know, earn your leisure entertainment. You're going to start and you're going to be the marketing manager. You're making a base salary at one hundred thousand dollars. And you have an offer letter from earn your leisure entertainment to start August 1st. You don't need to work at earn your leisure entertainment for two years. You have your college history for four years. that's your work history. You can now present that offer letter and your first pay stub and you can buy a house immediately. So you can use college as work experience?

44:01Absolutely. Has that always been the case? Absolutely.

44:09Absolutely. Right. And now if you freak it, you got that college history, four years, You got your degree. But during college, you have a single family home that you was renting out. And now your roommate is on a lease. If you do what we just said with the boyfriend and girlfriend scenario, now your roommate starts paying you and you know you have a better chance of getting the house faster than them. Have them pay you. Now, first of all, everybody got to be on the same page with this, right? Everybody got to be a team effort here. So now they pay you instead of paying their portion of the rent, you pay the landlord, and now you can use that border, not only can you use the offer letter from On Your Leisure Entertainment, you can also use that roommate income to help you qualify because now that roommate is going to move into your house with you as well and continue to be a roommate.

45:04And that offer letter is kind of one of those things that you kind of need to have in order for this to work. You can't just go out. We need to show that you got a job. Right. Right. We need to show that you have a job and it's a start date and you can go ahead and get pre-approved. But one of the pre-approval conditions is going to be, hey, when you get into contract, we need to know that you're working now. We need to see pay stubs from Earn Your Leisure Entertainment, as we use in that example, to show those pay stubs. So that way now, and it matches up with the income from the offer letter, then boom you use that long as your credit is good your dti works you don't have to wait two years to qualify yeah that's a good hack because there's a there's plenty of college students who there's three roommates but there's the one person who gets the lease right if that person now looks at those two and that you're just saying it for one roommate yeah actually that could be two or three roommates that are paying them so that documentation port becomes even more important Exactly.

46:09But the key is everybody has to be on a lease. Right. Everyone has to pay you. And then everyone has to be moving into your house because now it's border income, roommate income, and we're using that to help qualify. So it needs to sustain to the new house. Right. The key. So if everybody's on the same page, this could be a home run. But here's how we even go a little bit deeper with this pause. If you buy a home that has an ADU, an accessory dwelling unit on it, right? Everybody type ADU in chat. If you have an ADU, you can use rental income from an ADU and it can help you qualify. So let's just say, for example, you don't have the roommates, you live by yourself, but you just graduated college and you want to use that college degree hack.

47:04Right. But you might be short with rent with income to qualify. You find a house that has an ADU and we can use that rental income from the ADU to help you qualify as well. and when you get into the adu now we're going to use long-term rental income to help you qualify but that does not mean you have to have a long-term tenant you can now turn that adu into an airbnb play vrbo you can make it a content studio there's so many different things you can you can target midterm renters like traveling nurses like flight attendants like depending on which city you live. So if you live close to airports, you live close to hospitals, right?

47:54You should be targeting homes that are closer in proximity to these areas because the midterm rental income from corporations, right? You have people who travel for corporations. They may need someone to stay for six weeks because they're doing a corporate project in a certain city. Think about what's happening. And guys, I'm going to tell you another hack. And I've talked about this on my programming I know you guys talked about. Look at all the AI data centers that's being invested and built all around the country, right? You got Texas. I think there was two or three, half a billion dollar projects that was launched this year.

48:29Think about it. These people are not, the people who are constructing this, they're not going to be long-term residents of Texas, right? They're probably coming in from all different parts of walk of life. So what do they need? Rentals. They might only be out there to do a job that's going to take six months. So what do they need? A midterm rental. They don't want to sign a year lease or a two-year lease. They may need only a six-month lease, eight-month lease, and it's going to be cheaper than the corporations putting them into a hotel because that daily rent at a hotel, that shit going to add up.

49:02You know what I'm saying? So you got to really take the current events and everything that's happening. I know you guys talk about it at scale on Market Monday, That's why you need to tap in every Monday, 8 p.m. Eastern Standard Time to see what is moving and shaking because all of these moves that's happening in AI, those are also real estate plays too, if you're paying attention. Yeah. And Matt, to make this the best process, I think it's important to talk about the due diligence that needs to be done. I know you talked about looking at the school districts and you talked about looking at the short-term rentals in the area.

49:36What are some of the things to make this the best process as possible what things should they be looking for to make sure that they don't get the worst contractors they're making sure that the area appreciates what is the due diligence that's needed if i'm going to house hack so if you're going to house hack i think you got to really pay attention to your numbers first and foremost i think a lot of folks out there have these fictitious numbers of what long-term rental income is actually going to be um short-term rental market you got to be very conservative with your numbers because there are times where people were going to these deals thinking they're going to get$2 ,000 a month on rent on something, and it's actually like$1 ,600,$1 ,700, right?

50:17So that's number one. Do your numbers. Really analyze that real estate deal and also include all your expenses that come with owning and managing and operating these deals, right? So if you're doing Airbnb, you got to look at what are the average cleaning expenses. You got to start really building out that team and doing your due diligence. So that way you can really calculate what is my cashflow, my net profit, my net revenue. Now, when it comes to contractors, you have to really get a lot of referrals for contractors, right? Contractors can make or break your project. You should really be getting three or four different quotes when you're doing certain bids because especially with the word tariffs in 2025, right?

50:56I think people are charging tariffs before tariffs even affect, right? Like it's just absolutely insane. I think the price is higher now than it was during COVID. I don't know what the hell is going on with some of these quotes that people will give you on certain projects, but you really have to shop contractors right now because some people are just adding tax on type of tax on type of tax just because they think Trump is going to add the tax or they're adding it right now before it's even in play. So get three or four quotes and do not be afraid to negotiate. You have to negotiate everything and you have to use tools like AI.

51:34I know one thing that I do, when I get a quote now, I upload that quote into my chat, GBT. Yeah, I've done, I did that before. I did that with the water basin thing and I detailed the whole thing and I gave it the chat. I'm like, how are you feeling? It gave me an estimate of what it should be on the low end on average and on high. It tells you everything. And the more details you put into it, the better. Even if you put pictures, like what I've done, I'll put pictures of what I'm looking to do and really break it down. And then it will give you, like Rashad said, low, high, middle, and then also ask, okay, who are the companies in this area that I should be talking to?

52:24And they'll give you, give me the top 10 companies, right? That got the best reviews, you know, et cetera, et cetera. And then it'll give you all these companies, right? So you have to use the AI and the technology that's out here available to help you do your due diligence, to help you research. Cause let's face it, we don't know everything. Like I don't know everything about construction. So I got to use the tools that's in front of me to, to get the information. So now when I'm, when I'm interviewing these contractors, I can have an intelligent conversation because I already have my questions already pre-written, so to speak, with that information.

52:58So the due diligence process, especially in 2025 going into 2026 with all this volatility in the market, you have to really dig deep. And that's why I'm really excited to hear you talk about China, because I've been speaking to the China people, Rashad, and I had a call last night, matter of fact, with Blair. And the prices are just absolutely phenomenal, some of the shit that they're telling me right now. I had to send her a deposit ASAP. Let's go right now because this is incredible. That's later on the show. I had to throw that in there. You have to do your due diligence. You might have to do what Sean did to fly out the country to go check out things for yourself to get better pricing.

53:42Maybe you could just watch what he's done. He done did it for you. My notifications are on. I don't know about y 'all like first of all kudos to you Rashad because when you told us about this what was this like in the April we had that call you said yo I'm going to China for this that and third and I was like alright this is going to sound good shout out to Ty shout out to Ty yo shout out to Ty he did a great job well you know the thing about it too because as you brought it up I think people okay, there's two people that can benefit from this China play. People that are building a home, furnishing a home, but then also real estate developers.

54:28Like if you are a real estate developer, one of our friends that's actually developing real estate, he's going out there today, I think. If you're a real estate developer, I think you really need to tie in with this because depending on what type of development you're doing, you can get mass items for cheaper. And that's important because you got to figure, if you're developing, let's say, a subunit and you're building six homes, right? And you got to put in six kitchens into those homes. So you might want to just do the basic kitchen from Home Depot, but depending on what neighborhood you're building a home in, that might not necessarily fly.

55:11or that might lower the value of the home, right? You might have to go a little bit higher in on your kitchen. But if you go, you know, like the kitchen is probably going to be one of the most expensive items in the house, kitchen, in the bathroom, right? So you save, let's say you save 30, 40, 50 % times that times five, you're going to have a substantial savings. What does that do that adds more profit to you? The more money you save, because you can still charge the same amount of money for the house, right? It's like you haven't compromised the quality of the home. So if you're, like I probably saved$300 ,000, right?

55:48But I'm a home, I'm just a home owner. If I'm a home developer, now times that times six, seven, but then I'm still selling at market rate. So now you just made yourself$2 million by executing smartly, right? Right. So. And maybe it's something that we can talk about at InvestFest. Let us know in chat. Let us know in chat if you're interested in having a panel. About the old China play in its entirety at InvestFest, because I've been getting a lot of DMs and a lot of people, you know, been following the journey. So, you know, maybe that's something that we can really add to the InvestFest portfolio, per se.

56:35but I do think that you can definitely, and you don't have to go out there like even you, you know what I'm saying you're talking, that's the good thing but you gotta work with somebody already there because they're not all the same, that's important for people to know, you just can't show up in China and just be like, I'm here you know what I'm saying you can, you technically can because it's like, you know, the area of Fushong that's manufacturing heaven and they do everything from clothes to hair bundles press on nails anything that you think of they manufacture so you can go electronics you can go and just stumble and you can get still probably a better price than you're paying america but if you really really want to get like because each like for instance my kitchen and in closet i i went to a store that specializes in just kitchens and closets right and the prices were so good i asked them if they could do everything but they like we really can't because we only specialize in kitchens and closets so i went to like six different stores to put it all together but it's worth it but you got to have somebody to kind of walk you through that process right like you can't just do that on your own because it's kind of hard logistically to go to six different places.

58:02I think even from the standpoint, and you kind of mentioned in the video, but you start to think when you're building commercial spaces or you're building hotels, like they've been doing it all this time. And the difference is that they get to charge you every night. Yeah. So the long-term pay, obviously, if you're building a subdivision, those are homes, but the hotel pay, like that's a nightly income that's coming in, especially if you've gotten the things manufactured in bulk, whether it's the nightstand or it's the headboard for the beds. Every room pretty much is the same unless you, you know, get a specialized suite.

58:38These things come in bulk and now you're looking at like, wait, they've made savings on the actual building of the hotel or whatever the commercial space is. And now they're charging you every night. So the long-term income comes back from it as well. And the chandeliers. I met the people that make chandeliers for a lot of the top hotels in America and abroad. And they were showing me these massive chandeliers that they're making. And top American brands buy their chandeliers, right? So it's just like, damn, who thought about, whoever thinks about chandeliers. Now, every hotel that I walk into, I'm looking at the chandelier.

59:15Because it's in my brain, right? But that's a real business. Like, damn, like manufacturing and then shipping. And you know who's out there? And you could appreciate this is on the real estate side. It's unfortunate because there's only a few black Americans that's really on this wave right now. Like, shout out to Blair. She's from Detroit. She lives out there. Yeah. But the African brothers is out there heavy. Yeah. Heavy. Like, I went to a place that had 200 ,000 Africans. And they did. What? Yeah, it's a fact. Because they're on it all over, from all over Africa. And they're buying and they're sending it back to Africa for new constructions, new builds.

59:57We saw a lot of that. We saw, while we were in Africa, a bunch of new builds. It's not a stock. It's housing shortages all over Africa. The real estate market on the continent is going crazy because they have a young population. It's only getting younger. They don't have enough housing. So all over, you see government housing, you see private subsidy, you see everything. It's all kinds of development. High-rises, small mini homes. They got container homes, any type of real estate that you could think of. Luxury homes, luxury hotels. They're building a lot of real estate. So China is playing a major part in supplying a lot of these real estate developments with pretty much everything from tiles to lights to sofas, kitchens, sinks, you name it.

1:00:42Oh, man. That's that real estate brain. You start walking in spaces. You're looking at the towels. You're looking at the chandelier. Looking at everything. You're looking at the wallpaper. So let me ask you, Shadi, right? So you said you saved$300 ,000 estimated with this trip to China. And I saw somebody in the comments on your last post talking about a trip. You used to mind cutting out the middleman. And it was like, well, a trip to China is going to cost you$5 ,000 plus 18 hours, right? Like, I think people got to stop having a small mind like that. that, like 18 hours, you could sleep that.

1:01:17Right? But you just, you brought your whole house, it sounds like, in China in six days. Rob Markman, And you know what too, for me, everybody's situation is different. For me, even if I didn't save any money, the experience alone would have been worth it. Because it's like, I really value traveling. And China is a place that I always just kind of, I didn't really, you know, it's like one of these things, right? You just see China from afar, or even to get there is a process. You got to get a visa, right? That alone is going to knock out 70 % of the people, because you actually got to go to the Chinese consult, wait, get the visa, come back a week later.

1:01:58It's a process to actually get the visa. So I'm like, yeah, I'm going to go to China, man. You know what I mean? I just thought that that was interesting just to actually see things for myself, especially now during tariffs and all that stuff. So to that brother, I would say... Sometimes you're missing opportunities because you're looking at things the wrong way. You don't know who you're going to meet, what kind of relationships, information you're going to get that's going to open your mind. We know what's going to happen if you stay home. You've been doing that your whole life. Take a risk.

1:02:31Sometimes in life you just got to take a risk. You know what I mean? So it worked out because like you said, I did save a lot of money, but the exposure part for me was just different. And then even like I'm in China and like my niece, now she want to do press on nail business. So I got, I actually have the plug press on nails. It's a real thing in China. So, you know, I just think that as a community, like I said, there's 200 ,000. I'm going to keep saying that because it's like, we need to, we black Americans need to start thinking like differently. Like we still caught on this domestic state scarcity mindset.

1:03:08What if it goes wrong? I'm going to lose$3 ,000. like bro they already there they figured it out already like you know i'm saying like don't don't you can't that's why you got to go to invest fest you can't think with a small mind and think you're gonna make it big in life it's not gonna happen yeah i think that it's the mindset piece where it's like even if like i wasn't there but i get to learn from it i think like understanding that part right there's always a lesson that you can learn from somebody else's experience right like Like I didn't, my house was built, right? So I'm like, all right, well, what can I learn?

1:03:40What can I watch? I'm watching the moves. All right. Not just in the home space, but they're going live. They're showing like, yo, this is what it looks like from a fashion standpoint. This is leather goods, right? We've all been victim of purchasing those things. This is what it looks like. Here's what manufacturing looks like. There's so much you can learn. Like I said, I'm watching the hotel space. I know what that's like. I'm looking at the towels everywhere now. There's always a piece. I thought you actually handled it in probably the most mature way. Like, yo, I didn't, it may not work for you, bro.

1:04:08I'm just telling you that this is how it went for me. And if you can learn something from it, great. If you don't, you know, more power to you, bro. But this is what we own. People know the price of everything, but the value of nothing. That's a fact. Everybody tell you how to do it. They never did it. They never did it. But on some Jim's standpoint, because I do want to, kitchen, if you're looking to buy a kitchen, at the very least, I would look at China. Because I think you're going to save a lot of, like, the price that they quoted me for the kitchen. kitchen i was i i had to ask again i had to ask twice because for instance somebody one of my friends is building a home in atlanta he had this slab like you know if you have an island in your kitchen you you have a slab that goes on top of the island right it could be marble it could be coarse it could be different material right and they put designs on it it looks like you know looks like the swiggly marble lines like you know those things can become pricey so the price that he paid for the top layer that goes on top of the island not the island the top of the island is the price that they charge me for the entire kitchen so i would definitely suggest i think that kitchens for sure i think you can save a lot money on bathrooms and then a lot of other stuff too but you know it just depends like some people might just want a regular couch they might not want you know a luxury couch or they might just want they might just want to paint their wall they might not want um like you know you get different fabrics it's like you know once you start going through this rabbit hole on tick tock it your algorithm becomes non-stop real estate stuff so i've been seeing stuff like the custom-made desk can swivel chairs and you know you just those aren't necessary but they're nice to have but the kitchen aspect that was pretty eye-opening for me and i'm like okay i i get it now i understand why people is coming out yeah when you told me the price of your kitchen and the master closet i was sold right then and there because a closet you know if you you know this is not a small room You know, and you doing custom cabinetry in your closet, you know, that shit adds up.

1:06:29It's quick, fast, and a hurry. And when you told me the price for both, I'm like, damn, that's just your closet, really. You know what I'm saying? And like the kitchen, a kitchen in America, you know, if you got, let's just say a standard, a big kitchen is 20 by 20, right? A 20 by 20, 400 square feet. You can fit a lot. You can do a nice 10, 12 foot island in there. it's a good space you're going to spend a hundred to 125 000 just depending on how high in your appliances is and when you told me that price i'm like yo please connect me with her now here's this is also a piece of the education is like when do you do it right so like you went there obviously the building process has begun but like most people you're not just are you going there before are you going there during the process are we waiting at like as their benchmark i think when it would be good to go i think it takes three to four months to actually complete from start to finish that so you should have that time frame in your head so if you are like for me i'm at the point now where i'm about to have floors probably in the next month or two months right so it's a good time because i haven't put up walls yet i'm still like designing yeah i'm still in that phase but i mean it really just depends even if you have a home built you might just gotta you you gotta wait a little bit longer but that that wait might be worth it but you don't want to get it too early because if you get it too early and there's no way to deliver it i mean you you you have to pay for storage at that so this is an important part of the aspect you you have to get a container.

1:08:11So the container costs around$12 ,000. It's a big, if you ever go to the shipping yard, you know, you notice the shipping yards, like all they're filled with containers. Is that, did you do a 40 foot or 20 foot container for 12? I haven't gotten the container yet. Cause they got to be going to figure out how big all of the stuff needs to be. But I think the 40 foot is 12. Okay. I'll double check that. So, but once again, it's just education because when you see stuff all the time, you never think about it. I've been seeing, I've seen containers in person. When I was in Baltimore, I used to work as a side hustle on the weekend.

1:08:49We used to go to the dock. You know, Baltimore is a major shipping port. So we used to actually go to the dock and we worked at the dock on the weekends, the basketball team. And I was seeing all these ships come in. Nobody ever thought about anything. But now I'm like, okay, because I'm actually, now I'm in the import export game. Right? So now I'm actually realizing, okay, this is how it actually works. So you get, you, you got to get a container. So you want to fill that container up too, because you don't want to leave any empty space. You're still going to pay the same price, whether it's half empty or whether it's all the way full.

1:09:26So that's another reason why you should get as much stuff as possible. But also this is some other game. Cause even my contract that said it before my contractor was getting stuff from China. That's what really opened my eyes to. He was going to get me a closet from China. I know the place where he's going to get it from. And he's going to get my door from China. So I'm like, and then I found out the exact store. But he told me, he's like, look, when you go to China, if you have room, let's just go half on a container. So I say that to say, if you have friends that are building a home or have homes, or not even homes, whatever it is, because I said, you can get anything from China.

1:10:07So if you, if, if you four friends, right, y 'all going to blow that money in the club anyway, why not just, you know, whether you want to get bundles of hair, press on nails, clothes, you think about what you want to get, right. And then you get four friends and y 'all put money together and you buy the product, then you put together the container money and then you ship it. Now the tariffs, tariffs is another thing that you should be aware of. That's a market Mondays play, but that's a real estate play is also because it's important to know what to ship. not a good idea to ship wood i found out a wood is not cheap there because they don't really have wood they import wood from russia and like africa so the the wood is not too much cheaper than it is in america it might be even more expensive but there's a special tariff on that tax which makes it even higher so you don't want to import any you don't want to buy any wood in china even engineer one or just engineer wood is good okay engineer wood is good but like real real wood okay yeah we we usually obviously that's gonna come from ken i just want to add a little context to what you're saying because the container is important right that's for the storage piece but i'll add a little bit onto it you might want to look into having a receiver too right so in order for it to get from the container right sometimes they'll bring it directly to the site but sometimes your house might not be ready and so there's always delays obviously so even like in a case where it's like, I'm going to have floors in a month.

1:11:33And Matt, you know this more than probably us. It's like, yeah, that one month turned into three, but that container is now here. So where do we put the stuff? And so sometimes having a receiver, somebody that now stores that for you. So actually when it's done, it now can bring it to your house and you might not want everything done. Right. So if you order furniture, you order your couch or you order your bed, right? This, you still might be putting the floors down. They still might be putting drywall and paint you don't want that stuff getting on your furniture or on the things that you brought or even your appliance or your kitchen and so the receiver will hold that until it's time and those things get brought in piece by piece this is another another thing to do in terms of insurance right like what happens when something is is damaged in that right now the receiver will see that and there's insurance that goes with that right so it can go back or hey you know what this happened in the the transport of the actual item and so now you have a little protection there So the container is important, but having those things in place too, because like I said, delays happen all the time, and you can't control that.

1:12:33Just lower context. Even on the docks, they have holding docks, though. So even when it gets to the port, you pay money, but they have lockers that you could pay monthly. It's like storage. It doesn't even have to leave the dock. But you do have to have transport service to get from the dock to your house. You can do it yourself. that is obviously a little bit more involved but you save some money but most of the like that's why it's also good to have a connect on the ground they they set up the transfer service for you and the stores that you work where you want to just make sure they have a warranty most of the stores have warranties though like they have like 10-year warranties and and the whole um instructional they make video guides for people to put it together because like i said like people been buying stuff from China for a long time, companies and stuff like that.

1:13:21So it's not like a new thing. It's been happening for years. It's just now retail consumers are getting hip to it. But the idea of, you know, shipping stuff, buying it, that's why they want to put tariffs on it, right? Because they've been making so much money shipping it to America for years or, you know, a low amount of money. So what you have to pay to tariffs, that's important. So just calculate that and however much you're spending. but if you if you're buying the right price even with the tariffs added on which is anywhere from 30 to 50 percent you're still going you're still going like the chandelier chandelier is another thing like the price that i saw for chandelier was unbelievable like the chandelier that i sent you that it looked like yeah yeah it was crazy it was 50 it was a 50 foot crystal chandelier from florida ceiling for 12 000 and you probably could have talked it down for like 8 000 like there's no way that it's going to be that price in America.

1:14:19So let me ask you, Shadi, with the quality, especially like kitchens, right? Because you can get a kitchen and it can be made out of just bullshit and still they can make it look good, but it's still bullshit, right? Talk to us about the quality of the kitchens, the cabinetry, because everything's made to order from what I'm being told, right? When you was inspecting these kitchens, especially from that store, you said they they the price was good everything was good like how was the quality of like their workmanship the craftsmanship of like these kitchens and stuff like that yeah quality's excellent one thing about china you can get it as high quality as you want or you can get as low quality as you want but the quality the places i was going to was high quality so it was it was good like it was it was everything was detailed very very detailed like i mean it looked like Like I said, I mean, they have very good craftsmanship.

1:15:16I'll say that. They have very good craftsmanship. And the good thing about it is that most of these places have, the manufacturing is actually taking place in the store. So it's like a lot, like show women be on the second floor, manufacturing is getting made on the third floor or first floor. Okay. So it's like, you know, a lot of the stores in America, they don't have that. Like they getting it shipped in. So like you go to the store, then you can, well, I don't know if everybody can, but for me they let me see where they was actually making it so you can tell a lot by that too because some you could tell the quality a lot of times by how the manufacturing looks some manufacturing places i went to it looked you know like it had a long day some of them look like some state of the art like you know i'm saying so i'm like you said it had a long day a little older yeah so but That's a good thing though, because the manufacturing happens right there.

1:16:08So it's like, it's going from one floor to the next floor, from manufacturing to the show world. I think part of it is that mindset, right? Like, and I think you posted it as well, it was like when we think China, we think cheap products and part of that mindset is still there from this side of the world, right? Like when we think high quality, like even like a Zara is a discounted clothes but there's also timu and machine and right when people get products from those places it's like the quality isn't the best like we can say it it's going to be cheaper and you can have it and so like what what do you think needs to be done obviously what you've done from the journalistic standpoint and actually debunking some things and showing some things and i'm sure there's a lot more how do we shift mindset and matt we'll get back to you in a little bit but this is important stuff china's very important right yeah yeah nah what do i think what do i thing needs to be changed how do we help change the mindset i guess navigate that that approach to change it it's crazy because people that think that everything is made in china i read a report that 40 40 40 30 to 40 percent of the world's manufacturing every part of the world's manufacturing comes from china so it's great like that that term made in china is a real thing it's a real thing so i mean it's it's crazy to think that you would only equate things that's made in china with being cheap because everything is made in china i would assume everything that we're using right now is exactly cheap stuff made in china mid stuff made is made in china high expensive stuff is made in china so i think i think the deeper sense goes back to white supremacy and it ties in to the idea that we talked about before that any luxury item has to come from a European country.

1:17:58So when we equate luxury, we think of Italy. We think of Paris, right? We think of London. We don't think of Africa at all. We don't think Africa at all, even though all of this stuff comes from Africa. We don't think Asia at all. We look at China as like, even when J.D. Vance called them peasants, that was an ignorant thing for him to say, but that reflects a mindset. He didn't just say that for no reason. He looked at them as like, oh, they're a good workforce, but it's not high level quality. But like I said, especially the place that I went to, when I went to this place where it was all towels and fabrics and stuff.

1:18:45You would think you was in Soho. Even how they was dressing, super trendy. I mean, it was just some flyness. It was just super, super fly, like concrete. You ever go into these luxury fashion stores and they got concrete floors? It looks like concrete, but it's not like concrete floors. The concrete wall, it's just crazy. You know what I mean? So I think that, once again, that goes back to just equating anything luxurious, high level, ultra luxurious to a few places on the globe that have coined that, like Switzerland and stuff like that. But when you really start to travel and you see like, nah, I mean, luxury can be made anywhere.

1:19:31And most of the time, those luxury, like I said, the thing with the Chinese is that they're very, they don't take credit for a lot of stuff. But I met, I actually met like this, like the top luxury stores in the world, like even their interior and their exterior. I sent you a picture, Matt. I'm not going to say their name, but the people that make their exterior and interior, I met them. I went to their store. And they're like, yo, you just don't put this on camera. Mm-hmm. You know what I'm saying? It's high quality. I'm looking at the picture like, yo, this shit is fire. And by the way, these are European fashion houses.

1:20:15European fashion houses, the top luxury european brands in the world is getting their interior exterior their decor not even just their clothes their decor they're getting their decor work from china they're not it's not getting it's not coming from italy not coming from switzerland it's coming from china so what was the the one thing that you learned or surprised you out there that you didn't expect like going out there on this trip like what was that one thing that just made you say damn just the vastness of it that's another thing if you're going out there you know they have different cities for different things inside of home decor so they have a lighting city just flight like that that thing i put on instagram 14 floors mall for lights that's not the only light that's the lighting district that's just the mall they have a whole town district just for lights like they have like they have different towns for different things that to me was amazing because i'm like damn and it's just it's unbelievable like it's unbelievable like and even like they have the electronic section of like a town for electronics they have a town like a section just for hair.

1:21:36They have a section just for clothes. They got a section for handbags. I didn't even get a chance to go to the handbag section. They got a section for handbags. Like I said, the homes, it just amazed me how they had lights. I would have never even thought. They have multiple lighting malls. They have a mall just for lights. They have a whole district just for couches and beds. It's like think about how much product they're selling. If they have a mall full of lights, multiple mall full of lights, think about how they're lighting the world, literally. Yeah, literally. Made in China. Made in China.

1:22:18Made in China. It's crazy. So that's to me, like that one thing to me, just that just, that was amazing to me. And that's just like, I really think that not to get too far off topic, but the one thing that was, I was encouraged was with the Africans, but there's also a little disappointing is that on the continent they're not making anything they don't manufacture anything they they're they're traitors they're good traders right but on the continent but then us us in america too we got to actually start making things like donald trump's not wrong in what he's saying we do have to we do have to make things but i think he's wrong in the way he's going about it but not take america out of it i'm talking about like us as a community we have to produce things I thought you was going to say that Kanye wasn't wrong in what he was saying.

1:23:04No, Kanye was. Remember, I said in London. Yeah. This is crazy. I said in London, when we did the Royal Alba Hall, we were doing press and all that. I said, this is when the whole thing first happened. I said, if I was Kanye, I would go to China right now. I would live in China. Yeah. That's before I even went to China. This just reaffirms what I was saying. If he was really serious about what he was talking about, they have it already. He could have literally made all of his product in China for way cheaper, distributed it. He should have just set up shop in China for six months. That's why I thought you was going because he chose to go to Italy to do it and realized that we don't own anything.

1:23:42We don't own manufacturing. And kept crying about it. And that's how it kind of prompted. And I was going to leave with like, yes, those are a bunch of glows with any negative setbacks or things that you saw. And I think you kind of just answered it, though. like not seeing us own any manufacturing from on the continent, but being there producing and not owning anywhere. We don't produce anything. That's the problem. Like that's one key takeaway from this whole situation. We don't produce enough. We got to start producing, right? That's something we got to produce. We got to produce food. We got to produce clothes.

1:24:14We have, we have to produce something. It's good to buy and it's good to trade, but the next level, the higher level is to actually make products and make goods. That's my thesis on this whole situation. But if you want to see it, if you want to see this conversation in detail, and if you would like my resources and my plugs, cause I have the plug Blair shout to her nephew, my interior designer. She knows a lot. I have a Paulina who's my translator and also grounds on she's Chinese as far as she knows all this stuff. I have a whole team that I've actually figured this thing out. If you would like to see that and go through the process and know the exact stores to buy from and know the exact plugs, if you're interested in seeing that at invest fest, let us know in chat.

1:25:07Possibly W's in chat and make some phone calls. We can see if we can add it to this year's lineup. It's not too late. Yeah. Yeah, I think we definitely need to add that because I don't even think we need W's in chat. We just need to make the calls, get them over here on the first thing flying, 18 hours, because I'm telling you all this, man, because I've had conversations with Blair twice this week already. And just what she's sending me, just from like a garage door, y 'all, like, you know, like doors, like it's very important. That's another thing. Not to cut you off. I got 52 doors. 40 or 52 doors.

1:25:52Interior. Interior and exterior. They got all kinds of doors. Windows. I got my windows already. I showed you that thing. The soundproof window thing. It's crazy. That's crazy. For the windows and the doors. You guys know the McCordian doors, right? You can go from your house to your backyard and it opens all the way up, right? Like a 10 by eight foot door. I was quoted on that shit,$13 ,000, right? Blair told me, yo, she sent me that she just got it for one of her other clients, the same exact door for$2 ,000, bro. Same make, frame, like steel, like the whole nine yards, a tempered glass. I said, are you kidding me?

1:26:38$10 ,000 saving just on the fucking one door. I say, yo, I need three of those. You know what I'm saying? Like... Gym equipment. That's another thing I got. There's this full set of gym. It does everything. It's like 12 different things. So I sent it to my trainer and I said, yo, how much would this cost in America? He said$8 ,000. And I paid $1 ,100 for it in China. It's crazy. She told me the same thing. She said, Matt, if you want to do your gym, your movie theater, you know everything that you want to do like i'm ordering my interior doors like i got a call tomorrow oh i secured the lights too the we we saw this we did a taping and we saw you know the rose royce lights on the on the ceiling yeah and the shooting star yeah so when we asked the guy when we was taping was like how much this cost he he said like it was like over $10 ,000, something like that.

1:27:37What do you mean? To have the lights. Remember we was doing that shoot and we saw the ceiling with the lights? Oh, you're talking about in a theater room? Yeah. Oh, in Cali. Yeah. You remember that? That was for a project that we were doing. He's like, yeah. He's like, it's kind of expensive. I think he said like$10 ,000,$20 ,000 something like that. Under$1 ,000. Wait a minute. I know exactly what you're talking about. the ghost phantom like it's the phantom lights in your movie theater yeah right and they got the shooting stars yeah yeah yeah i've seen that in people's houses and a lot in valley too anything that you think of but i'll say this too this is important know your measurements very you got it you got to give them the exact measurements um because you don't want to make any mistakes and double check the measurement to make sure but the measurements very important that's the i don't want to forget that part if you're looking up to do anything for your home know you know your measurements um get the matter part gotta get the matter part of your house break that down what's the matter for shot the matter

1:28:56they do like a whole surveillance of your house as far as like a 3d thing so they give you the exact measurement blueprint like what it actually looks like because sometimes even a measurement on a blueprint can be slightly off because it's blueprints written on paper so it's human error that happens right like they might say okay this is 10 foot but when they do it it actually might it might be actually like 10 and a half feet or it could be 10 feet two inches yeah it might be slightly off so you want to double check with the tape but then also the matter part actually does it where they have like a beam that goes around and then it catches everything on electric.

1:29:38I don't even know how it registers, but it gives you like a full detailed report of like, okay, the closet is 10 feet by 6 feet, da-da-da-da, and you actually can see it on a... But can I add context to it? Because it's important when you do that. And that's why I said the timing is important, right? Because what most people will do is that they forget that, wait, we haven't sheetrock yet so like that quarter of an inch counts right oh i haven't my floors like what's the measurement the size of my floorplanks like that changes so you got it's like extremely detailed because you can't you can't be off a quarter inch especially like you're talking about these prize most prominent places in your house your kitchen right your bathroom tiles like a quarter inch changes everything right like that'll throw everything or if it's your island or it's your countertops or if it's even the talent on that like you got to be specific with it so like having those things precise measurements are vitally important yeah yeah yeah great conversation about china man i'm looking forward to hearing this at invest fast in more detail i'm a general contractor by the way i think at this point we all are We all are.

1:30:48Now we in the import and export business. This is the last hack I'll get for China. When you're doing your bathroom, you got to get a shower kit. I think that's what it's called, right? Four. When you're putting in a shower, you get a shower kit. I didn't know where the shower... They was telling me this. My contractor kept it. He's like, you got to get me the shower kit. You got to get me the shower kit. he wasn't explaining to me what a shower kit was so I thought he meant I gotta give him the whole cause like when you go to like a store to buy a shower they'll show you the whole entire thing right so I'm thinking I gotta get the whole entire thing but I'm like I'm not ready to get the whole entire thing yet then they finally explained it to me with the plumber and I'm like okay now I get it the shower kit is the actual shower head the thing that the tile the thing that you turn and the natural pipe right but i didn't know that but this is this is out so i got all of those right from america i didn't get that from china i got that from america so they could continue construction because they couldn't they couldn't put the walls up until they actually had that but you get the tiles from china you get all of the and then you you have it made in so you you design the bathroom you want to talk about the tiles too huh remember that well got That could save you money.

1:32:13The size of your tiles. The size of your tiles, depending on what type of tiles or what type of thing. Whatever you're going to get on the outside, whether it's marble, whether it's top, whatever, you get that from China because you're going to get that from substantially less. And then it's just a cover at that point. You cover the floor, you cover the bathtub, you cover the bathtub, you cut it. And your bathroom looks like you actually brought that bathroom in its entirety, but the only thing that you really purchased was the material, which was made on the outframe. The piping you got from America, that's important, but everything else, so it's like you put it together.

1:32:58That's how you save a lot of money on the bathroom. Because the bathroom quote that I got quoted on, we went to the first place in America, and the quote that I got quoted for my bathroom. One bathroom. One bathroom. Was 60 % of what I paid for the whole entire house in China.

1:33:25Man, don't let that go over your head. Your bathroom was 60 % of the cost of everything you got in China. Yes. God bless China. And everything in it. God bless it. Vanity. You got to think about all of this stuff. The vanity. Nobody thinks about it. You told me you're pricing on those vanities. I think you said, what, you got like five, six vanities or something for like a couple dollars? I'm like, and look, for those of you who don't know Rashad, you could just go to his drip reports and understand my man likes the finest of fabrics. you can understand when he's talking about these things, it's always, it's going to be the finest of material and fabrics and everything like it.

1:34:14So when he tells me these prices, I'm like, I know my boy ain't out here talking about the bottom of the barrel type shit. It's the highest of the highest. You know what I'm saying? So yeah, China, InvestFest, let's grow. Yeah, you have it, ladies and gentlemen. get your tickets get your tickets now go to investfest.com we got the raffle going on you get access to the house house hack the freedom we might throw some china calls at investfest and do a whole china workshop like we might need to set up everything there because the way this is sounding bro we might need to do you might need to do multiple china panels we might need to do one on the house side then one on clothing side and then one on beauty side because I didn't even talk about the beauty aspect like you know makeup and all that stuff you get that from Dirt Cheap too so all the women like doing all of the they making a lot of money selling all these like you know yeah this is the Super Bowl for hustlers man so I honestly think we should have probably like have a two to three hour type of workshops, seminars, something like that, just dedicated to what we're talking about right here, because this can help everybody who's in business, whether it's real estate, business, beauty, everything that you're naming, help us all save money and make more money and more profit.

1:35:43And that's the spirit of InvestFest, is to make more money. And who else better to bring it to America than us? We need that at InvestFest. Yeah. I think there's a multiple place too. and we kind of spoke about it i'm like yeah from the china standpoint is important but like what you just brought up from the african standpoint is equally as important right when we're talking about yes we've traveled the continent how do we invest in infrastructure so that manufacture can happen right we know what it's going to cost to do it here but how do we make sure that we get the knowledge and we have the people who have the knowledge and who are already building out there from a real estate standpoint but how do we build industry right like that's important too so like now it's not just a Chinese, it's an international investing standpoint.

1:36:26And we got the space to do it, man. I think we should definitely implement it. Stay tuned. InvestFest.com Yeah, yeah, yeah. You know the URL. Yeah, InvestFest.com and follow InvestFest on Instagram for all updates because this is going to be an interesting one. Year five. It's a fact. Important. yeah it's an important one yeah very enlightened conversation fellas um this was um i know we we went completely off topic but it was on topic so i think it was all real estate no yeah and it's timely like i said i know a lot of people had questions i got a chance to speak about on market money's a little bit but i didn't get a chance to really go in depth and kind of break down you know like where i think you can save the most money and best practices and stuff like that so i think that was a timely conversation and i'm glad that we had it and hopefully you know um you know just opens people's minds and like i said we definitely go into some more details for sure but the first level you gotta have just you know gotta open your mind in stages this is a 18-hour flight so we gotta make sure you know you gotta talk about this yeah i could tell you change my whole perspective on on this because i've been looking at everything do my finishes right now and from kitchens, the bathrooms.

1:37:49I mean, that was like 200K just right there just to do kitchens and bathrooms in here. And just me this week speaking to the plug, just from what she's telling me, I might save myself like$160 ,000 just on that right there alone. So this is exciting. So whose house party is first? Yours. No, no, no. You already come for money. We see you and Danny in the movie theater. No, no, no, no. We see you out in the movie theater, Lounge. You know what I'm saying? Watching movies that's still in the movies. No, no, no, no, no. I need the finest Chinese grill.

1:38:33All of that, yo. I need all of it. Yeah, I got to test these things out, man. Nah, it's going to be a good one. Yeah, I think... The beauty of it is that, I mean, it just kind of fits with everything we've ever done, right? Like, people get to watch this happen in real time, and they get to learn from it in real time. And they get to watch us make mistakes in real time and learn from those. And so it's a unique time in history. Like, these things have never been done. Like, where does this happen? You just hear about it, and people can kind of, like, guestimize their thoughts. And, like, this is, like, a real formulated process.

1:39:08Like, you've seen it happen, right? You can ask questions about it. We're attainable, right? People always see us, and they're watching these things being implemented, man. And so, like I said, if you didn't want to go, at very minimum, at least watch a clip and try to learn from it. At the bare minimum, right? But if you want to maximize on information, August 22nd through the 24th, Atlanta, Georgia. Yeah, man. uh shout out to ty again man because he did a phenomenal job with um documenting the journey of rashad and the voiceovers you need to continue to do those voiceovers the content is legendary um i felt like i was there walking through china with y 'all man so shout out to to y 'all and the whole team over there in china man we got some long form content that we're gonna put on youtube too some vlog style yeah i did an interview with a brother um one of the african brothers that i met randomly.

1:40:03I just met him and then we was actually in his house. It was a very impromptu situation, but he gave us a lot of good insight. So, yeah, be on the lookout for that. We'll be dropping, hopefully we'll be dropping some YouTube content. People have been asking, they've been asking for some long form, vlog style. Travel by the Terrain EYL to a travel channel. Yeah, why not? They want to see everything, right? Let them see everything. Why not? Bring along with the ride. Don't worry. Sleep is so separately.

1:40:39General Tassau. Yo, why are you saying that? How do you pronounce his name? Yeah, he was like Tassau, Tassau. He was saying to me, like, yo, what's wrong with your boy? I'm like, yo. I'm like, you know, Shadi, he going to create a moment. Whatever it is, you know, he's not a real person. It's like, it's the equivalent of Colonel Sanders. Shit. You learn something new every day. they like yo like and then i even spelled it because i'm like how did they say it no there's no i know if they're saying when you wrote it how did they say it i say what not that he's a real person but when you wrote the tso oh i didn't even ask oh um but they was like no they they was like yo your boy sound crazy so yeah we over here eat in general whatever and they eating pig ears nah nah chicken feet chicken feet and frogs i'm like oh okay that's different they they a lot of stuff out there my man was like yo you got lo mein little main for the win nah shout out to china man i'm looking forward to going on a fantastic voyage four chicken wings vegetable rice extremely important at night and their beds all tucked in tight but all right guys i think this was educational conversation that we had um tap in get your tickets to invest fast no hold on this this is last thing because it made me think about it when i was watching sinners and we went to go see sinners at the same time and there was a point where we watched if you've seen the movie right you had an asian couple inside the black community right so even when you went to see um the african population that is in in uh the country was it infused inside or was it a specific like how we have chinatown everywhere was it a specific city in that sense i know it's off topic i forgot to ask you that so i'm gonna ask in front of everybody like how did that how did how was it placed well hey it's all vibes they played me They have Chinese R &B music that they play me.

1:42:42They love the culture. I didn't feel out of place at all. Very welcome. The Africans, it's actually interesting because where the Africans live, so people don't know that there's a lot of Africans that live in China. What they also don't know, and I didn't even know the extent of this, is that there's a lot of Chinese Muslims. So the Africans live in an area with Chinese Muslims. I had no idea that there was that many Chinese Muslims. It's a lot. A lot. I never even heard of a Chinese Muslim.

1:43:14Like what? Yeah. So it's like, it's a lie. They got the hijabs on, they got the kufis on and they Chinese, fully Chinese speaking Mandarin and all that. And like, they live in the same area with the Africans. It's interesting. It's eclectic. But man, every showroom that I went to has had black art in it, like African art. they have a lot of black art African art yeah but there wasn't no integration in a sense where they have a Chinatown in Soho right there wasn't like hey obviously we know hip hop culture and we've seen that it has I mean it's the greatest export you can see that the influence it was just kind of a natural integration or like where people was just like business just happening one thing I learned about Chinese culture they really value money they don't trip about$9 else.

1:44:05Like how we, they're not really tripping. Like even Todd was like, yo, I don't, I don't even feel black. Cause it's not, it don't matter. Didn't matter. It's like, yo, we're going to do business. We got products. Like it wasn't no, even like I said, like the Africans, they, I see them, I was just observing. They, you know, they, they talking to the Chinese people. A lot of them speak Chinese too. That's another thing. A lot of the Africans learned Chinese. Mandarin. Well, they call it Chinese. So I asked her, I'm like, yo, you speak Mandarin. she didn't even know what I was saying when I said Mandarin we call it Chinese they don't say Mandarin we say Mandarin they say Chinese so but no it's not I mean the Africans have their own part of town but it's not segregated like that it's just

1:44:55I didn't get no problem for being black that's what I'm trying to say I didn't feel no way about it at all there was no that's so here's the interesting part because i've known you known you long enough right i remember when you were in hong kong obviously different that was the complete opposite well even that so that i got right i got insight on that because what they told me and everybody's different obviously but they it was because i didn't even bring my hong kong experience up i had a bad experience right right like that's something i know they told me they said yo hong kong people are rude they like they they have bad attitudes like they china china has an interesting relationship with Hong Kong.

1:45:33It's similar to Taiwan. Macau, Taiwan, and Hong Kong are all islands off the coast of China. And they all have their own flag, but they're all like Chinese territories in a sense. So Hong Kong was colonized by the British. China's very, China takes pride that they've had, that China's had a civilization for 5 ,000 years. and they've never been colonized or conquered. They take great pride in that. Taiwan has been taken by Britain and America. Hong Kong was a colony of Britain. Macau, I'm not really sure about the Macau situation. Macau is Vegas. So they all have their own type of different personality, but how the mainland China looks at them is they have a unique way of looking at them.

1:46:27So they actually brought that up. They're like, yo, people from Hong Kong are super rude. So when they said that, I'm like, oh, okay. That makes sense. Because I had a bad experience in Hong Kong. Because hearing you say that, and this is just like, if you've watched us long enough, you know that. Hearing you say that, I remember the exact opposite of how you felt in Hong Kong. Yeah. So yeah, I guess Hong Kong is a different experience. But I mean, people from, that shouldn't feel foreign. Well, people will say that about people from New York. No, for sure. what i'm saying i mean you we get you'll get that it's understandable yeah it makes sense it's understandable but i didn't feel any racism at all i'll say that i felt no racism not to say that there's no racism in the country i mean there's a billion people of course it's going to be something but i can only speak from my own personal experience and like i said this is what ty our camera guys said everybody felt the same way we didn't feel i didn't feel uncomfortable I didn't see one police the whole time I was there.

1:47:26You felt safe? It was super safe. No trash on the streets. Super clean. There's no problem. I never felt like it was a problem at all. Well, ladies and gentlemen, China is dead. China is dead. Episode 2 featuring MG. Yeah. Nah, Ty, get ready.

1:47:52every show too or it's 22nd through the 24th yeah georgia georgia world congress center invest fest 2025 year five i mean on top of this this is a lot of information but you you add on to that real estate here you add on to it the ai conversation i mean you add into that the bitcoin conversation the investing conversation it only makes sense that you did i'll be honest with you it only makes sense gotta do it gotta do it all right man man we're not gonna hold you any longer i know you got some deals to make i know you got to get your your visa together i got a call with blair coming up i'm even more excited for this call i'm about to call my designer right now say yo let's get this thing tight and right and let's get this going man But no, I appreciate you guys having me on the platform.

1:48:46As always, I don't take it for granted or take it lightly. I appreciate the work that you guys are putting in for the culture and the community. You guys have been on a world tour in the last six weeks, literally, in different continents all over the world. So we definitely appreciate it, man. We need this type of content. And again, thank you guys for having me, man. The Best Fest 2025, the biggest ever. Let's grow. Love, y 'all. Love, y 'all. all right man we are now signing off man that was a lot that was a lot that was a lot um but yeah i'm glad we had it shout out to matt and um yeah everybody man you know i don't want to beat on a dead heart but you know watch the replay yep and uh see you guys at invest fast see y 'all man peace an illegal alien from guatemala charged with raping a child in massachusetts An MS-13 gang member from El Salvador accused of murdering a Texas man.

1:49:47A Venezuelan charged with filming and selling child pornography in Michigan. These are just some of the heinous migrant criminals caught because of President Donald J. Trump's leadership. I'm Kristi Noem, the United States Secretary of Homeland Security. Under President Trump, attempted illegal border crossings are at the lowest levels ever recorded. And over 100 ,000 illegal aliens have been arrested. If you are here illegally, you're next. You will be fined nearly$1 ,000 a day, imprisoned and deported. You will never return. But if you register using our CBP Home app and leave now, you could be allowed to return legally.

1:50:27Do what's right. Leave now. Under President Trump, America's laws, border, and families will be protected. Sponsored by the United States Department of Homeland Security. Hey, it's Joel. And Matt from HowToMoney. if your New Year's resolution is to finally get your finances in shape. We've got your back. Prices, they're still high, and the economy is all over the place. But 2026 is the year for you to get intentional and make real progress. That's right. Each week, we break down what's happening with your money, the most important issues to focus on, and the small moves that make a big difference.

1:51:00Kick off the year with confidence. Listen to How to Money on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. What if mind control is real? If you could control the behavior of anybody around you, what kind of life would you have? Can you hypnotically persuade someone to buy a car? When you look at your car, you're going to become overwhelmed with such good feelings. Can you hypnotize someone into sleeping with you? I gave her some suggestions to be sexually aroused. Can you get someone to join your cult? NLP was used on me to access my subconscious. Mind Games, a new podcast exploring NLP, a.k.a.

1:51:36neurolinguistic programming. Is it a self-help miracle, a shady hypnosis scam, or both? Listen to Mind Games on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. This show contains information subject to, but not limited to personal takes, rumors, not-so-accurate stats, and plenty more. What's up, man? This your boy, Nell Green, from the Broken Play Podcast. Look, it's the end of the season. The playoffs are here. But guess what? It ain't the end of your season. You can always tune in with Broken Play Podcast with Nav Green on the Black Effect Podcast Network. Not a team who ain't going to the playoffs.

1:52:10The Chiefs. It's time to rebuild. Listen to Broken Play with Nav Green from the Black Effect Podcast Network on the iHeart Radio app, Apple Podcasts, or whatever you get your podcasts. This is an iHeart Podcast. Guaranteed human.

From the publisher

In this special episode, we sit down with Matt Garland to talk about what it takes to become a real estate professional in today’s market. We break down creative house hacking strategies, smart financing options, and new wealth-building opportunities in real estate.


Plus, Rashad shares what he learned firsthand during his trip to China — including how to source high-quality home materials directly from the source and save thousands on your next real estate project.


Whether you’re a first-time investor or seasoned homeowner, this episode is packed with gems you don’t want to miss.


Invest Fest Ticket Link: https://investfest.com


#RealEstate #HouseHacking #WealthBuilding #ChinaSourcing #RealEstateInvesting #EarnYourLeisure #MGTheMortgageGuy #HouseFlipping #HomeDesign #InteriorSourcing #RashadBilal #EYL #FinancialFreedom #RealEstateTips



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