Meet The $10,000,000 Man Who Works 4 Hours Per Week

Brandon schlichter is the ultimate rags to Rich's story as a child he was evicted from his home instead of going to college he got a job at a warehouse earning minimum wage and for years he was barely scraping by however over time he was able to turn that experience into a multi-million dollar fortune and now he owns and operates laundromats rental real estate vending machines and even a car wash that generates a combined several million dollars a year so today we're diving into exactly how he did it to the best side hustles that you could start to make money in 2023 and the realities of running several businesses on today's episode of subscribe if you haven't done that already although before we go into that we gotta thank our sponsor streamyard producing a video can be a very daunting task especially for those who haven't done it yet before yeah for the people I've spoken to it's the editing and post-production process that discourages a lot of people the most especially in the very 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live streams in minutes again the link is down below in the description thank you so much and let's get on with the episode free so welcome to the iced coffee hour Brandon schlichter we are so excited to have you also known as investmentjoy and you put out some incredible content I've been watching for a very very long time thank you for coming well thank you for having me here it was just by absolute random happenstance that I ended up here because yeah we got to tell you what happened so I went to what Sushi Neko in Las Vegas for all you could eat sushi last night and I walk in and guess who's there you're kidding no that it was by that coincidence yes really because he asked me he was like hey what's that Sushi Spot I'm in Vegas where am I supposed to go is it it's called Super Sushi right and I'm like yeah super Sushi's great but recently we've been going to Sushi Neko so you should try that spot out he's like okay I'll go there instead and he went there and then you went that same night oh my gosh yeah we walked in you had just sat down yeah and uh and now we're here but he told me he told me that he texted you Jack and uh to let to let me know that he was in town and he didn't let me know did you say that exactly yeah I said I I said I'm in town if you and Graham have time let's hang out or you want to go to get dinner let's go get dinner whatever and uh you were on a well I thought you had left the state already and you're you're Mr important you I'm not I'm just bad at getting don't you have Graham's number you have his number I feel like here's the thing with with graham I feel like you were have been the filter for Graham and I should go to no go go straight to no yeah he's getting better I don't know what he's doing here well anyways guys conversation right back to our guests okay how much in real estate do you own at the moment um like straight real estate if we wouldn't assign like any value to my businesses it's probably six seven million dollars ish six seven million dollars what age uh 37 37 that's pretty good yeah but what makes it unique though is I think the laundromats yeah I absolutely love your tick tocks and shorts where you go through and you you go through the laundromat and you collect the change and then you add up how much you made that day there's something about it that I find incredibly interesting yeah I mean it's one of those things where I'm just trying to show people my life like oh Brandon does these things this is how much I make I'm really trying to be transparent and honest with people because it's like um I I have great days it's like before I got on the airplane because I'm trying to get out of the mode of me being the guy that does most the work and um since the last time I was on the show I've hired a lot of people but I'm not there yet I'm down like last time I was like at four or five hours a week now I'm down to one or two hours a week at the laundromat and I'm trying to get just stop like do my videos there show the revenue numbers and then go on to something bigger I'm trying to do bigger things more profitable things because I I've been like one of the weird things is I've been recording like everything I've done in business since 2013. so I can go on my photo roll on Android and like oh here's the house we're fixing floors on you know almost 10 years ago this right and it's just like I want people to see progress in what I'm doing but I also want to be honest so like right before I got on that airplane we pulled like 26 2700 out of the laundromat it's like oh gosh this would be a good video man look at this big I mean the stack of bills is this tall it's like I went back and watched one of my first videos and it was I had 148 dollars in quarters in the first collection back in uh June July 2019 and now it was 26 years so most of what you do now with the laundromat you just go in and collect money because that's what I'm seeing like everywhere on social media like tens of millions of views you just going in taking out the quarters collecting it it's just some absurd amount of dollars is it really that easy my thinking is if it's that easy everyone's gonna do it yes and it's like for if you were an established investor if you someone of your caliber or Jax caliber or Alex's caliber it really you it would be that easy you guys understand business you understand money and finance you've got some level of money so you any of the problems that would come up you can pay for systems you could pay out for automations you can pay for people to do the work for you you could hire a competent manager operator and then you do whatever you want and that's where I'm really trying to be but I've gone from 2019 I had like two employees two people working for me in between YouTube and all these other businesses we probably gosh I got probably 40 people working for me at this point 40 at probably at this point yeah it just keeps getting more and more and I keep one to hire more people how are you able to afford 40 employees um you YouTube blessed me in 2022 my channel Revenue was up pretty good um the real estate company did about 1.3 1.4 million in sales we sold some some houses I'm trying to reposition my portfolio sell off all my really low end stuff and just go up to Mid Thai class I'm still staying in Ohio still in the same two counties that I've been in just trying to change some things in my business because I I feel like I've documented every disaster in low-end housing that you could I've dealt with drugs I've dealt with violence I've dealt with rats crawling out of trash bags just everything and I'm like okay this has been my life to this point but what's it look like as an investor and a business owner as I transition and I get rid of that portfolio I'm going to go negotiating a deal on my little 28 worst and the offer that came in gosh right before I came to Vegas it's like 1.4 1.04 1.05 million dollars which is nothing here in Vegas but I probably have 300 000 in that so my portfolio is almost tripled and I was like well if I can get my headache I can alleviate these headaches with these low end rentals um I've got an option feeler out I might Finance part of the portfolio take a bunch of a decent bit of money up front finance a large portion of that 1.05 at current interest rates I offer I think 8.5 percent to a potential buyer and I was like okay so I I take off my headaches I put a big lump of cash in my pocket and then I go on I start acquiring better places because we just we just finished up this beautiful Victorian house downtown I'll rent it probably to a doctor or a lawyer and that's a different clientele than I've dealt with sure for the most part I've got those people now I've always had those people but I they don't make good YouTube videos and I've never been able to like figure out how do I script this as time goes on it's easy to script it's easy to tell a story about you know the sing the single mom that you're working with and who's looking for affordable housing and here's I helped them out their way I've put out a lot of stories about that on you know long format short format content and now it's like okay I think I'm at a point where I can tell the story about myself and these properties a little bit better so now we're transitioning on to bigger and better things let's talk about because what you've built is pretty incredible like between the YouTube channel the real estate portfolio the laundromat businesses all the businesses that you own can we talk about where you started and how you were able to acquire this amount of like assets and businesses how far do you want to go back what's what sparked off the journey being poor okay let's start that I grew up poor uh my dad was a truck driver my mom sold Avon we were evicted twice growing up um that was pretty hard um when my dad had a heart attack when I was 18 years old so had to go work at a warehouse and um when I was 15 I was really big into the sport of paintball if you guys have ever played it and it was like that's especially back then it's cheaper now I really want to get back into it because it's like all right number one I have the money and it's also like a third of the cost so a quarter of the cost so I was like this is really cool I want to do this but how do you make any money for it and it's like well I can't get a job at 15 years old but I could start an online store so my brother and I started like essentially an online pawn shop and we still bought and sold people's paintball guns and we got to the point we were we were buying selling trading making 40 bucks an hour at 15 years old were you flipping like fixing up buying fifths yeah buying buying flipping fixing and like I have no mechanical knowledge no one in my immediate family was mechanically fine but my brother and I were just like we couldn't read a manual fix things so we did at that time making 40 bucks an hour but I had no understanding of finances like nothing I like I'm a I was a d average student and as far as um algebra goes and algebra is really critical to business you need to know how to calculate numbers together you need to know how they correlate and I didn't realize at 15 years old I was fixing paintball guns making 40 bucks an hour wasn't fun but if I knew that I was making that much money I would have probably I would have had a million dollar company at 50 probably 17 years old before my dad's heart attack which that would have been life-changing for me at that point if I had gone that way but I didn't so then my brother and I got into this mobile paintball business thing where we would go and take a trailer full of paintball equipment to a church facility or a youth camp or whatever and hey you can rent all my paintball equipment for fifteen hundred two thousand dollars I made minimum wage like you you guys critically review the businesses that you do and you you can figure out how much money am I making per hour is this the most optimal way for me to make the money and I didn't I was making three bucks an hour doing the thing that was fun but I we just totally threw away the business that was making money you weren't able to recognize that discrepancy nope between income no like I mean what happens when you don't track your profit expenses you just look is there money in the account yes or no so you just found something else that you enjoyed doing a lot more and you went that route because it was still money yeah because it was good money it was 16 17 years old forgot my driver's license and we were towing a truck around southern Ohio Michigan at that point we just never thought about it because oh it's fun every life's great you know got up to 17 18 years old started thinking well you know we're not really making much money here maybe we should do something no we're super passionate about this you know passion will cover us soon dad had a heart attack and then I had to go work at the warehouse I was like oh crap that dream's over today like that's this summer was the summer of O3 um that dream's over and I gotta go into something Reading in a warehouse I was packing people's clothes for The Gap it's a distribution facility so that's why I will never say anything bad ever to anybody that works at a warehouse like Amazon that's exactly what I did was I was getting making 11.25 an hour packing people's underwear and clothes um at one point I did start running a forklift so that was that was I love driving a foreign so it was fun but I I you know I knew at that point I had to do something else it's like I can't make 1125 an hour I want to get married we would love to have kids someday you know 18 years 19 years old think about the future you can't do that at 11 bucks an hour it's like what could what I do what can I do in Southern Ohio I have no college education I don't know anything like what where do I go it's like you know everybody in town that's in real estate seems to be driving a Cadillac they've got a suit on and I thought those are the rich people so I got my real estate license put my hondros college thing I was in real estate school for three weeks but 13.50 on a credit card I'll get my real estate license and I did and it uh wasn't great early on but the where my life split apart and I went on a different path from understanding my profit and loss sheet for my paintball business I went another route and I started being around people who were wealthy and never been around anybody that ever talked about money and said oh I actually have money and like the first within two years of me being real estate I met a truck driver just like my dad who drove for GM out of Columbus he was buying and flipping houses with cash in 06 so before the bubble burst he used to live in houses with cash and I was like how can you afford this and he said well I got an investing I took my money coming in from driving a truck and I invested it and that built up cash reserves and I decided after a while I'm going to tap into my cash reserves I'm going to flip some houses and he started flipping some houses and they made money and they made more money how'd you do this and then I met another guy that was a janitor and he bought some houses in one of the worst neighborhoods of Columbus Ohio for cash bought them for like 10 or 20 grand back in 0304 neighborhood better he improved the location sold them for a couple hundred thousand dollars a piece he's like I want you to find me a house with a pool gosh you're janitor and you're having hiring me as a real estate agent to to find a house for the pool for you it was mind-blowing because people were just like the people I grew up with but they all had money I was like okay this is what I got to do and I didn't have any broke investors coming to me but I broke real estate agents in the office guys we had a really sweet couple but they were crying one time that their social security letter only increased half a percent that year wow yeah and I was like you've been a real estate they were in real estate at that point by for 40 years 40 40 years and they had the plaques on their wall they have one on like the MGM or something here in Vegas and they were overlooking the strip and they had their you know Columbus board of realtors jackets on 10 million dollar Award winner they got these plaques of when they hit 50 million dollars in gross sales in 1990. I'm like gosh what happened they they gambled they spent every time they had and I'm like these people were in this real estate illustrious real estate business multi-millionaire not multimeter multi-million dollar producing agents and they didn't do anything with it and at that point I kind of developed a really Mentor mentee relationship with a guy that was a a CEO of an oil company he took me in aside he's like God he's like Brandon unless you really start learning about money and finance and running a business and taking care of yourself he's like that's gonna be you so he was a CEO of an oil company yeah how do you just casually run into a CEO of an oil company like that's gonna be like a pretty big it is he retired he retired as the CEO of this oil company and they dealt with a lot of real estate Acquisitions at one time they own the most Subways in Southern Ohio they owned 25 or 26 uh either Citgo or 76 gas stations and he had to work with commercial real estate agents he worked with franchise operations because they bought they they put Subways in every gas station they had back in the 90s and they just printed cash and uh he got out and he said you know all you do you have your license still uh no I don't know I apologize to yeah if this is not edited out of the conversation he said those real estate agents are the laziest stupidest people I've ever met I wonder if I can do better than they can and so at 70 years old he got a real estate license and he beat the heck out of everybody in the office yeah he was top 10 agent in my county and like two years after getting a license and he just was like he was always talking about stuff and granted I was the youngest agent in the office like the youngest full-time sure there were a couple part-time agents and they just know whatever song but I was in the office every day taking floor time doing cold calls and I don't know he admired my hustle and he just really started talking to me a lot about what I needed to do and he was always encouraging me get get into rentals he's like it's hard to lose with Thrones he's like I'd love to see you get a brokerage license someday I never did that because in the state of Ohio you have to have a college degree for him and never never can't you get around that with uh experience they say you can but I've tried asking guys at the high division real estate and they're like hell you got to have to make a really strong case for us by the time I was like really going down that path it was after I'd got into investing and once I got into real estate investing was over it was like why why bother I buy first house I bought I bought for twenty three thousand dollars it's full mold we fixed the mold problem put 25 000 in it it booked it gosh 120 550 000 so I I I I doubled if not tripled the value we had in the first house I bought in 2013. how old were you 26 27 you're 26 27 how much money you were making as a real estate agent this is after I I was gosh I was only making ten thousand dollars a year as a real estate agent then because I had started buying and selling websites and flipping them when I got into full-time real estate investment so how much were you making just in general from active income active income from Real Estate at the time oh gosh at that point that year was I had a really bad stretch from oh 2010 to 2012. terrible year for real estate agent it was yeah I wasn't making anything real estate I was doing a lot of bpos Bank uh sorry Burger price opinions for foreclosures I was in I figured out between 2010 and 2012 I did 1400 bpos for banks wow yeah yeah so and how did that did they just pay you per person yeah per house how much was that 45 to 75 for those that don't know basically what that is is when a bank wants to list a property that they own that they did a foreclosure on they'll go to the broker and they'll pay for a broker price opinion and they'll just get a whole bunch of those and then say okay well based on these five Brokers the average comes in at a hundred thousand dollars and therefore we'll list our home at 98. they just make sure because the banks aren't going and like finding people in each you know the banks aren't really going they were doing an appraiser no they just go to the actual program because the average appraisal is gonna be 500 bucks in Ohio and they can get a real they can get a guy starving for 50 bucks and they could yeah they could basically get 10 opinions for the price of one yeah and also the Brokers had a better pulse on the market because appraisers will look at past sales and at that time every sale was lower than the previous you couldn't look at past data you have to look at like what's on the market what's actually selling how many buyers are interested a broker is going to give you I think one of the most honest means out there if they truly have no skin in the game yeah and that's what I did for about two years there started building some websites in the background that started making me more money so 2013-ish came around I was like gosh dang it I need to get in like investing because I all the investors like I had I dealt with were doing great numbers so I build a chain of websites and sold them all for one year worth of Revenue so I was doing like 50 000 as a take-home pay but building websites selling selling content on them and whatnot and sold that the websites I developed for 50 Grand which is one year worth of Revenue and uh it was like you know I'm gonna go out and take 25 000 I want to find a house to buy I started mentioning to people online it's like I want to do this because I'm in Ohio and just like a lot of people started saying well you want some money I'll give you some money I got some money for you if you want to buy some house with me okay I just never thought of that I never thought about actually ever asking somebody for money and it's just like I bought that first house started posting about it on forums and stuff and they went nuts and they're like okay how much money do you need and I started talking to people online that that specific point they just all become a lot of them become overnight rich with Bitcoin and they had they were liquidating their their Bitcoin after it hit 100 and uh dollars 100 Bitcoin this back in the day this 2013. wow and they they sold their Bitcoin it's like we got to put in something stable something with some real upside Brandon it's like uh go buy some dummy houses with me in Southern Ohio so they did and I just like boom I had 400 000 in a fundraiser or a hundred thousand how do you go and get that big of a reputation to get four hundred thousand dollars from nothing was just your networking as a real estate agent people just trusted your opinion with social media in fact I mean you look at YouTube and and and Facebook and Tick Tock and stuff and we've got oh we've got it's video content 2012 2013 and before is web forms you put us on a web form you're like oh gosh no here's a house I bought for 50 Baht and fixed up for fifty thousand dollars and now we're bringing a thousand dollars a month worth of rent off of it plus um it's I could sell it tomorrow for 120 25 you get attention from people and you know they just start throwing money at you and that's like you know anybody in the social media Creator space and you guys have creators on all the time you could pitch a wood coaster say oh I gotta got it my only fans logo on the coaster here and I saw a thousand of them overnight and it's just the winner that was smaller back then but it wasn't it's structural wise it wasn't any different so this got into investing and it got to the point around 2017 I was just like you know why even bother guys I'm like it was so easy for me to go and get a deal I'm gonna start doing fun deals so start running to laundromats I hope I should buy one of those and then what sparked the laundromat I uh it's the it's the one that I do all the videos on the one in Chillicothe and um I ran in a buddy of mine said hey we got to look at the laundromat you want to have her sandwich money to make and so we met this older lady um uh I talk about her on my channel a lot her son died he owned the laundromat that's the only job I think he had he operated the laundromat owned it since 1983 he passed away in 2015 2016. and um she was telling me that and this buddy that came along that she had operated the the son's laundromat she couldn't run the business because they were doing eight thousand dollars a month in quarters and it was just too heavy physically I was like what the crap and you know I'm a real estate guy I'm like this is a sixty thousand dollar building it was a dump and I was like eight thousand dollars a month in a dumpy location and there's apartments and I was like I have to buy this business so we we offered the lady UH 60 grand for it and she turned us down and she accepted some of the guys offer long story short the some other guy ended up giving it to I found this out on me and I think we did YouTube videos about it he ended up giving the business to his like 14 year old son as a fun summer project and you know no offense 14 year olds if you're watching this it's you you can't run a laundromat unless you're super Castle so they end up having homeless problem drug problems equipment breaking down it's like you know you have a 14 year old kid and he got his mom help trying to help him it's like it's just it didn't work so they closed it down it was empty for a couple years and I negotiated a seller finance deal with the new guys just just give it to me so I started getting in just creative deals just for fun I've done I started getting into Master leasing homes you guys now was that laundromat the first one you did what was the first laundry the first laundromat with these two absolute dogs that I finally got rid of um so I I ran into that laundromat that was making eight thousand dollars a month I have to be in the laundry industry I have to get in the laundromat industry and this guy contacted me because he was a part of our investor Association he said I've got two laundromats you have to buy them we're like he was like I was looking five thousand dollars a month on two locations before we closed them down so oh gosh I'll go cash for them right now so I paid him like 40 or 50 grand for these two locations they weren't worse areas than the one I looked at and the one under the bridge so if you guys watch me on YouTube I'll referred to as a lot of men under the bridge we went in there and turned the electric on just to do our due diligence phase like an idiot I bought him without I bought that those locations on inspection idiot move so what do you inspect is it the machines machine machines roof building or no you do the normal real estate stuff okay and then you test the equipment you test the infrastructure like the do the drains all drained do they does the electric work work does the electric work really well all this different stuff and we looked in the basement there was old panel just an old electric panel in there and uh we didn't think much of it and I and the lights were on I didn't call my crew in to do the inspection I just did it myself an idiot move and uh we got in there after buying it we flipped on the windbreaker oh none of the washers and dryers are powered we flip on the other breaker and it's a 240 volt line so like 240 volt 60 amp 100 amp is way more the whole line exploded almost burn it down wow yeah those are pretty YouTube days that would have been a really fun video um they just it caused so much damage in there we never got it up and running um so you lost how much money on that oh gosh 30 000 40 000. it sucks okay yeah but yeah this seller were they aware of these things and it was now but then it falls on you for just not yeah doing your answer isn't that disclosed in the in the seller disclosure and the commercial real estate in the state of Ohio does not require a seller disclosure statement so they could just say well I don't know it's not in the Forum so I'm not responsible wow wouldn't that be worth arguing that they should have known about that as a business owner yeah I I it would be but um I'm in small town Ohio and I'm willing to eat forty thousand dollars on a bad deal to maintain a relationship with somebody especially since they're in our investor Association I felt like I had been transparent about everything and everybody saw that I got screwed over and I don't think anybody's ever done business with that guy again so you can't uh was it get blood from a turnip the statement one from the stone yeah it's like he he we had to go negotiate a short sale on those properties and he was at a dire financial situation so really what what am I gonna get from the guy go take his car yeah okay that's true yeah so it is what it is I learned sadly a lot but but why jump in why buy another one wouldn't that discourage you and say wow yeah Bad Business well yeah I had a lot of people I've had a lot of people really question my sanity at that point but the problem was I had seen the income from the one that I have in the laundromat I'm like gosh dang it that one was making money I know it I saw two five gallon buckets where the quarters up in that the upper the bedroom up there I'm like I know that place makes money and I did more due diligence I actually looked at their water reports and made sure they had nominal water usage for the revenue amounts and that's one like dirty little secret you go and you ask for the seller to give you a water statement you figure out their sale their water usage so I did did a lot more due diligence on that was like okay it actually makes money here's the revenue numbers before they close down so I felt pretty confident in going into it and it's been pretty good we're ever since I put new machines in it just keeps going up and up up and up and um we're doing getting ready to do commercial laundry drop off um we got got a contract with the largest Airbnb guy in Southern Ohio and um we're on a very defined Pathway to be doing probably 15 to 18 000 a month off the laundromat location how much of that is profit um so off the coin op laundry it's a much higher margin business than um then uh coin I I figure the coinop will get ten thousand dollars eight to ten thousand dollars a month the net on that's going to be like you know standard standard rule was on margins like 40 net so two 40 percent of like 3 500-ish 3000 off the coinopside my you've got you've got like a 20 margin on the laundry drop off so that's gonna be another 2 000 bucks it'll be fifty five hundred six thousand dollars but the thing is laundry drop-offs much easier to scale because then you get somebody in sales interesting enough I I was talking to Cody Sanchez when she came to Ohio real recently and we I was asking her to break her laundromat numbers down because I'd never seen her and break them down and I found out really quickly that she makes a killing off laundry drop off and then her her High performers were on the west coast which was interesting I've run into some West Coast guys that were clearing a hundred thousand dollars a month off laundry drop off really yeah they go to people's homes and they pick up their laundry and they deliver it it's pretty cool really nice we should get into that business Jack the laundromat dropped and excusing myself from that I do not want to get in the laundry drop off Graham do you actually want to do that we call it the laundromat hour one hour and you just this guy I'm the exact same as Graham unfortunately it's like you run and you stay in your own lane and you you have these businesses that you're always running and then you get presented with this idea and you just want to jump on it right you're just like so I can make so much money and it won't be that like active of income source like you just want to jump on it but the thing is like you can it's so easy to like constantly be biting off yeah Brandon's working four hours a week here yeah on the laundry laundromat how many laundromats do you currently own it's just the ones I'm looking I'm trying to I'm trying to I'm kind of like in the background negotiating three right now I'm trying to figure out how do I get more of them because I love my laundromat I love laundromats period um I had the opportunity recently to talk to the president of the coin laundry Association and he was a really really cool guy um and he's like you're making my stupid phone ring off the hook because of your tick tocks and stuff like oh it's cool and I I mentioned I was like I've I know I've heard that the the resale price has gone up a lot due to social media it's more expensive to get into it so you're a probably indirectly responsible for the car all laundromats across the country I was told in no certain terms by some big people that me and Cody Sanchez have raised the cost of laundromats at resale on Biz buy sell and the other platforms like uh loop net and whatnot like 25 I was about to say yeah so I've got people that are trying to acquire them um like PE type people and they've they're really angry at me and I was like well at least for the operators again and hire multiple in their sales yeah so like you're making it exciting and like sexy to and cool yeah to own a laundromat I think before I looked into the laundromat business in 2013 and I decided against it because of how much work it was to go down to the laundromat mixing machines but the the ROI was really high the stores that I was looking at was anywhere between 150 to 300 Grand in West Los Angeles and the biggest issue that I saw was that rents were really high and I was so terrified of the rents going up in price yeah and eventually paying a price it's just like you'll you can't operate you can't stay in business yeah I've got a couple people in West LA right now that I'm helping with me I'm doing some training and coaching with them and that's that's always the killer with laundromats is you get in um these poor poor I feel so bad for them these non-financially astute laundromat people when they get in and they buy themselves a job and that's the last thing anybody needs to do is buy themselves a laundromat job I mean we talk about July to drop off you know for the iced coffee however you could fold clothes for your your drop-off business I'm gonna do that right here yeah you could do that right here you can make all your guests hold your laundry so you can up up increase that 20 margin just a little bit but uh they these un astute people they go in they buy themselves a job their landlords increasing the rent rate some of those are on 3.5 or 4 escalation a year yeah and it just you know that compounding interest and if their utility rates are going up a lot of those people they don't increase their price on their customers enough quick enough and they just go bankrupt sucks but then when there's someone closing down due to distress there's always an opportunity out of my laundry a lot of my real estate portfolio was acquired post real estate crash as the the values had hit the lowest level of the trough and I know a lot of people over coronavirus just made all the money in the world off real estate that was bought because of somebody else's distressed asset so it's like you know whatever there's a problem there's always a silver lining yeah for new investors to take over and someone with some real estate knowledge I think goes in and gets a laundromat then it ends up being a situation where um if they just get some knowledge in their head they'd go and negotiate with the landlord so when you work four hours a week on that how do you spend that four hours I did I'm down an hour or two um it was just going in refilling coins refilling making sure the floors were swept sometimes stocking my vending machines just doing them once around I'm trying to get away from this quickly as possible I know it's going to kill my Watchers but we're probably going to start taking credit cards really soon just because I'm at a point with the business if I don't go in and empty those quarters which I I love it you know everybody's like oh he's a kid child at heart wearing the ducktail shirt I'm like I love the quarters but uh third Thursday last Thursday my bucket both quarters was 75 pounds and I have to lift it over my shoulders yeah that's a great check you know it does but then if someone comes in and I have that bucket on my shoulders and I twist around to say you know they have a ski mask on and do they look really shady or is it someone with a smile on their face in big basket colors I I have twisted my back more than once with that 75 pound bucket why not just do multiple buckets instead of 175 just do two at you know 37 pounds that would require some planning really yeah that we were planning I'd have to bring two buckets with me but why do you do that I don't know that makes it harder Graham this guy wants to work well really it's because I'm trying to lift and manage one bucket with a phone in my hand or do something silly for YouTube but the thing is like so you guys tell me I'm wrong here I'm content I'll do we'll do a consultation right now is it going to be worth the effort for me to have multiple buckets in a video or is one going to be enough take multiple buckets makes it seem like more okay you've got to get multiple buckets like the ones that you've seen where it's like a bucket and then there's a secret shelf Jack always scheming Jack I'm not always consultation I did you know and then that then viral immediately I got my money's worth here so I think I'm still a little confused about the real inflection point for you between like being you know impoverished or whatever and struggling with money to the point where you're like you're fine with money I mean you said you started building websites you were doing real estate still not fine with money we've talked about this right the the the the mentality the scarcity mentality that'll get out of here with that scarcity I'm just saying because I've noticed you have it too and I think we've talked about this before actually you and I how you still feel like you know you could go back to where you once absolutely why do you feel that way I don't know I still have like Nightmares on that like when I like this is weird I like when I get all my YouTube stats and like I've had a really bad day and I'm like not making any money or some Something's Happened in the company I'm like oh crap I'm writing a ten thousand dollar check for this stupid thing man I'll have like a nightmare they have to go I'm back in the warehouse it's just some psychological silly thing I'm not not that my life's bad or anything it's just I notice I do still do a lot of silly little things and it's like I don't know why and what will it take for you to finally feel comfortable with fun like finances when I build my time machine I figure it out I'll let you know you think it's a number that like a net worth number I I think I really want to build a house that's like my big thing that I'm working towards I want to build a house like my dream house and I think that maybe I do that and have that in cash and have that in cash I'm going to put in a trust and then that way no one can lean against me no one can do that I think I'll be fine I think that that's it but obviously like when you got to the point of having like a net worth of like 500 000 or a million dollars something you're pretty good for the most part especially being in Southern Ohio you think so and what could go wrong let's start there everything can happen uh because laundromats could be lawsuit heavy can't they they can be so the laundromat could burn down with people inside of it and the court would say oh that door was blah blah blah you know we're gonna go after your million dollars and I've got I had carry heavy duty and Charles on everything I do like my laundromats and car washes are three million four million aggregate so each each one of those is like 2 million plus my umbrella on tops another two so I got like five four million Aggregate and the but the problem is burns down with a couple people and then you felt held liable um that's the Wipeout insurance so then they go to the LLC well what and the LLC should provide protection but what if they Compares my corporate veil and they determine that I well that's why you have to have insurance on the LLC as well and I do well yeah that's in my for money in aggregate okay but they could wipe out you could have you could be found negligent in something and if I'm like Ohio's not that litigious but I won't worry about the worst so they could you know 10 million dollars oh gosh then they wipe out all these different things and I've got equity in some of my llc's and then I'm a sole proprietor on other ones and then some have debt with banks I'm purely debt free it's a mix I've tried to do a little bit of every kind of real estate deal I got businesses and real estate and I got these laundromats and I got the YouTube channel and I got all just all sorts of different things and I'm just trying to build money pockets all over the place and in the hope that I'll feel better about it yeah still not there yet but that point where you finally did like I said hit those Milestones of like 500 000 or a million or something like that what was the actual Catalyst for you to achieve that goal because I want to know for the people listening right okay yeah what they could do like maybe sure it didn't still feel like a lot to you but I'm sure there's someone listening they're like they're like man how do I do that how did Brandon do that it was it was buying the first rental property that was it was that yeah I felt so good after I bought the first thing because I I knew I got the money buy a place that would make me money I'm like I can do this again because you always hear the first one's always the hardest the first rental is their hardest as a real estate agent the first deal of the artist it's always the hardest one and like if I was to give advice for everybody it's no different than you guys should I I had people how many people this week have had asked you need to try you need to do whatever it takes to learn about house hacking you need to find a place with an FHA loan you need to get that and for me if I starting all over again or I was at 18 years ago and I'm like two camera guys out there they're a 21 22 I'm like you have to house hack and one of them is they bought a condo in Myrtle Beach and I'm like super proud of them and um Noah the other one that's out there somewhere um he's he we were talking about duplexes like I found duplexes and these different things that's like that would be my thing but I would recommend everybody do and I'm not saying I I guess I should say I don't think I'm telling you you have to do this but I think that is the easiest thing for anybody to do out there because it's three and a half percent down you don't have to have a super insane credit score to get it I think it's going to be approachable for a lot of people not the only thing you can do there's a lot of other things you do but I think it's the easiest hanging fruit so basically find a property that you know you'll be able to afford and if you need to move in other people to support the income or the the expense of having the property yes I think that's a wonderful thing and for you that worked out tremendously and yes you first felt like you were at least doing okay when you bought that property and what I was trying to get out earlier was the active income of that year when you bought that property how much was your active income oh probably twenty five thousand dollars twenty five maybe 30. and then how much did you make from that property in appreciation and the work that you put into that property like over what time period uh over over a year or how long did it take uh 75 000 in equity um first year of rental income was twelve thousand dollars that's a really good income oh it's great thousand dollars a month when you're making 25 Grand a year yeah holy mackerel and how long did it take for you to actually complete that process with that house uh four months four months yeah so in four months you made I guess what was that seventy five thousand dollars yeah and you were in equity right when you were used to making twenty five thousand dollars a year with active income also a good time to buy them full time it was but the big thing is it's like I it's not that to me I'm more the the mindset there's always a good time to buy as long as you pre-qualify your rent house the right property I have uh someone in my family they bought out rental in the absolute technical peak of the Central Ohio market which was April 2007. they never lost money on it yeah their Equity got wiped out but it was Cash flowing 300 bucks a month through the entirety of the downturn and the Foreclosure crisis and still making that 300 a month they've never raised the rent on their tenant the tenant's been in there uh starting probably 29 2009 so 14 years they've been making that 300 a month and you know I I had helped that family member get a place I was like oh I gotta get one of these two but uh they did it through uh subprime all day financing you know liar loans we just signed a piece of paper I was like boom you get a you get a mortgage yeah and that dried up in late 07 early 08. and what are your thoughts on the current market I'm curious because I'm at the point now where my goal was to buy a house this year but I I don't know if it's gonna happen my goal was to actually buy a house last year but yeah it definitely didn't happen I I was so scared of the market and I had people like Graham and people like my dad that were like you know you should hold off for right now it seems like that you know the rates are high and the prices haven't really adjusted for the higher rates and prices were starting to decline and I know a lot of viewers are probably in my shoes right now where like buying a house is still a no joke investment for me like that's a huge thing yeah and I don't want to like that could be a crucial error if I make the wrong you know purchase at least timing wise what do you think about the market yeah I mean the it well number one real estate's local I'm not from Las Vegas I'm from the Columbus Ohio market our market prices have not gone down hardly at all uh December was I think the best December we've ever had in history in terms of volume no appreciation or no still appreciation from December 2021 but in flat compared to October November um I I keep pulling on my last data because I still have my license and I go get get it right off the market and it's our markets in Ohio is still very strong but then again we got 100 billion dollar Intel chip plant coming to town and it's just that's going to keep my market strong if I was in Phoenix Arizona with the tsmc plant I probably wouldn't be too gun shy about it I don't know about the Las Vegas market and what your employment drivers are and you know is it casino and Hospitality heavy if if the casinos make a lion share of income over there then I might hold off if I wanted to buy in Austin Texas yeah prices have gone down a decent bit but then again you've got Disney building you've got Tesla building you've got other I was thinking they they were talking about our chip some other company was talking about a chip that maybe Samsung but there's other drivers potentially of employment in the central Texas area and with their business climb I'm like ah I I wouldn't be super bearish on buying there if I wanted to buy like in Los Angeles or San Bernardino or Orange County I'm like oh Grant I don't know what their their economy drivers are but I would probably be really careful in those areas and then you know there's so many sub markets in the United States I worry in Vegas and you've seen this when you drive around the amount of construction right now it is absurd yeah so many units like just as you're driving in on the 15 there are thousands of units and they get finished like every week so you think the supply is going to climb too fast oh yeah there's so much like an under construction right now and they're not gonna pause the mid I mean so if they could afford to pause mid-construction just wait like I think Toll Brothers is one of those where they could just choose now you know we're not going to build right now we'll return later they can afford to do that a lot of these other builders they have loans they have um you know deadlines that they have to meet they have to get them built and it might take a bit of a loss on some of that I don't know they might offer really crazy concessions so if you're talking about for a rental I just think there's so much new Supply coming on the market I think rents half the drop yeah substantially and and once again real estate's local in Columbus Ohio they've just there's not enough house being built right now they just cannot get them built and I've got developers in my part when I live 20 miles south of uh downtown well Columbus area-ish and they're fighting now there's three separate develop developers trying to build four to five hundred home subdivisions in my my local community and they're go and we're having zoning meetings and stuff every couple weeks it seems because they've got to build more houses so once again real estate's local so from for people not from Southern Ohio or Vegas or LA or the other places we've discussed what are some of the biggest indicators that you look for let's say if you're these random people like what advice would you give to them to look for job growth there's a lot I'm trying to think of what agency in the federal government um it's not case Schiller but it's somebody else they have a heat map a really good heat map of What markets are going to appreciate what Market's going to appreciate and they had different uh Pro interest rate scenarios different employment scenarios and I would I would want to find a place place with good job growth I also won't want to see a place that climbed in value obscenely over coronavirus Because unless there was a lot of job growth and it's kind of built on just cheap interest cheap cheap money in that case where they're pulling the cheap money off the market you're probably going to come down but then there's also a lot of repositioning in the United States which to me I would have a little more faith in Vegas than I would other markets um so I would want to see job growth over the past you know two years I'd want to see you know maybe some Rising household incomes some migration to that area and then the other thing I wanted to say too is I I really feel like if you're in any Market you could make a deal meaning you don't have to go out and buy a new build home off of a builder you could find something that's a little run down you could find a house that needs a little bit of work the markets I'm in it just seems to me that a lot of people especially especially owner occupants they there's a decent bit of discount on properties still if you can go in and do a little bit of work that would be a good opportunity for you jack waiting just imagine waiting like four to six months seven months kind of for the market to settle a little bit and find a dump you could go in and spend maybe like 30 40 Grand just renovating it that would be a fun project yeah it's going to drive content will drive you crazy though you think so yeah oh yeah I would be nervous to like split any of my focus you yeah you buy yourself I want to say a full-time job for or probably four months that would be it's a lot you will be there every day guarantee it yeah but you could learn to manage other people that's true and you get experience in real estate you get the content and I think it might make you just a better investor so some good advice so definitely think about that let's talk about your portfolio right now sure because like we've mentioned it's comprised of a bunch of different businesses we talk about ass or I guess like the the worst assets I was gonna say but like I I should have said like you know if we're drawing a pie of your net worth yeah what uh what do the pieces look like do we want to do social media too or no well you can't like evaluation of a YouTube that's fine because it's like one of those things I want to be transparent with people but then I don't also want to overload numbers so like real estate-ish uh six seven million ish um laundromat the car wash we're doing really good I'm hoping for like a two or two point two million valuation on it soon um we're in the process I'm gonna what I was on the last one we were talking about how are are just in the process just got a new car wash rebuilt we're just probably a third through the renovations will end all Renovations February so we'll this February so in a month-ish I don't know when the video dropped but like we'll end up uh that I'm shooting for like a two to two point two million dollar valuation in in this market for it um laundromats and vending machines and everything else um then that probably just everything else is a million dollars for it's still almost like nearly 10 10 million 10 million yeah and then I I owe probably 2.5 million dollars to Banks and debt and everything it's not like that no it sounds like it's just like a 7.5 million dollar net worth if you want to do those numbers so and what about income can we talk about income yeah it's really hard because I spend so much I spent so much money on my YouTube channel this year or last year 2022 and I spent so much money on redoing my portfolio the rental business my whole real estate thing because we started flipping some of my rentals into probably 1.3 1.4 Million last year gross not net if we would take the income like what should Brandon have put in his pocket of the 1.2 1.314 1.3 1.4 million I probably cleared 400 000 last year but then I just turned right over and put it back in more Properties or upgrading the other ones so it was a lot less than that then all my uh small businesses and stuff together I'll give you the together number because I don't want to I've got an NDA on the car wash so I still can't talk about my gross and net on it because I respect my business partner he's a great guy but we'll lump all the other business income in together um it probably did for fifty five hundred thousand dollars in my vending machines Car Wash laundromats kind of there's little small side hustles that I might do do little funny videos on so that puts me at the uh basically oh well that would post me like 1.8 million gross oh yeah and then the Nets then that's probably 500 there and did you include YouTube on that no YouTube last year was a hair over five hundred thousand dollars so um but I I haven't done my YouTube numbers yet to figure out what that net was because I've been spending so much money on cameras crew infrastructure I've got a video studio now um I started doing a lot of coaching and training in the background with people I spent a lot of money on that I never thought I'd mention about kind of looking towards making trying to figure out how do I help people last time and I was like oh just make a course and I'll just put it out there and everybody'll love it and it's like oh no that costs a lot of money so I spent a lot of money on that um but it's that comes out from a 500 000 social media money too what I find to be pretty cool is that you've consistently been able to just put out profitable businesses like the car wash the laundromat you have vending machines you did that paintball thing when you're a kid real estate but YouTube well well the the the the the mobile paintball business failed but it the the other business oh yeah they're flipping repairing paintball guns it it was successful but eventually it failed I had a website business that I rolled up and I sold for fifty thousand dollars in 2012-ish but then I had two or three other little website businesses that I don't talk about a ton they failed that's why I say that 2010 09 10 11 12-ish were really tough they were really tough we had two kids um we had a website business real estate income was doing bad like did I ever really was I Really Ever super successful as a real estate agent doing sales and not really I might have made my AGI on that might have been 20 000 a year after all my bills were paid not really that great um so it's like all my profitable business get all this attention and then I do put content out about the ones that failed and they do really poorly so I love doing podcasts I love talking to people because then it's longer format and I can actually say yeah I had a paintball business and I made forty dollars over fixing people's equipment that would mail in and I would flip it and then in this other box other thing I made three bucks an hour traveling all over Southern Ohio it's too stupid to understand the difference between these two stupid me I bought a laundromat without doing two laundry mats without doing due diligence from a guy I lied to me and we had an electric system explode um you know having said that my win ratio on these businesses definitely getting better laundromat I bought in April 2019 my successful one and now I bought it we're doing eight thousand dollars a month I'm on a clear pathway to fifteen thousand dollars a month so over three years from that point to this point it's great when I went and bought my car washes we're proper from day one because I knew what to look like look at from a cash-based business that required a lot of work I took a partner on with that one that could fix things rather than me trying to fix it he knows the difference he knows how to crimp a copper pipe right and he he's a great guy and knows how to fix soap tanks and do all sorts of crazy things so I'm getting better at these businesses they're becoming way more profitable and for me what I'm trying to do is just be transparent on honestly show people the process so with all the failures and successes that you've had in business it's safe to say you're pretty experienced right I I would say that but I find out every week There's I have a new life experience what's last week's life experience uh digging around digging out a dead bird from a soap tank in my car wash it's amazing how did that happen what is a soap tank so there's a we have a mixing system in our car wash someone left the top of it up and um like an employee employee did yeah and and uh some bird got in our mechanical room like maybe it flew in when someone propped the door open so they could bring in bags of salt for the softener or they're bringing in a drama soap or who knows what and it could have nested up there and it fell in an open soap tank with water I probably went in there thinking it was water probably nice drink and then maybe just yeah it was a soap tank but it was the clear tire shine I think so I was like oh gosh like do I really want to do this I thought well I'll put on Instagram and I'll show people that still do this crap I reach down the subject what's your experience been like running a car wash I I really enjoy it it with laundromats you deal with a low end clientele most the time who are struggling to pay their bills and I I spent a lot of time in the laundromat you know talking to people we did like we did we really tried to clickbaity video and it didn't do as well as I wanted we filled my um vending machine full of money so you go up to the vending machine I had hundred dollar bills on there so for a dollar you could get 100 bucks back let's try and try to do a Mr Beast deal at a company sponsor me they gave me a bunch of money I was like oh we're gonna do that so cool and my crew was there and I would come over to them and I would say hey what do you think of this and they were like this this can't be wrong I was like I should you know I'd whisper in there like I should I'm shooting content for YouTube it's free money just get it and then half the people just broke down and were crying and they would give me these stories of what was going on with like oh I we came here to do our laundry because we live in a car I'm like that breaks my heart and then I'd have I hear these stories all the time and you know I get to feature some of them some cool stories from laundromat but then the car wash it's all mid to high level clientele I have people coming in with rolls royces like where'd you find this thing it was a 1980 Silver Spur Edition Rolls-Royce they're not terribly expensive their knob is a cool car great car right they're cheaper than a Toyota Prius just the maintenance could be a lot I get it yeah it was it was cool all leather and stuff and I see stuff like that we got several guys in town with Porsches and hiring Corvettes I think we got a guy with an R8 in town and he comes to use my car wash I take pictures of their cars I got a guy with a really nice Hellcat too like oh cool Southern Ohio cars that's nice and so it's a different world I'm dealing with a mid to high level client that I have mid to high level problems some lady swiped their credit card and didn't charge it properly so she was bad-mouthing me on Facebook because the credit card swiper didn't take or something silly like that there's problems with it but then the I get a deal with a different clientele and then with real estate you know as I move to these higher end properties and deal with some doctors and nurses and peer stories for my manager because the last time in this time I think I don't think I have my manager so I got a girl that's a manager and like personal assistant she sits and helps and assists my clients because I've got to step away from the real estate stuff too just because the day-to-day stuff and that's helping me with my portfolio reposition selling off my low end stuff getting higher and stuff so how much time do you spend at the car wash I'm on a mandated thing four to five hours a week for my partner I just said we I want to buy this and I'm going to help you four hours a week and my YouTube content was doing good but now I mean my contest continued to do good but I'm at an inflection point with my brand I'm like what is my channel is it physical side hustles where I go out and I'm like showing people how I restock vending machines and stuff like that and I want to trade stay honest and true I'm like because I don't stock that anymore I have a girl I pay 20 bucks a week and she stocks it for me am I in the the car wash refilling soap all the time yes I am currently because I signed a car I agreed with my business partner that I would do that and I'm trying to stay honest and true with him and now it's like okay well I could buy out that contract and I could work it's all the car washes and I could go do something else I'm trying to figure out what the next time looks like I'm at a point I've got to start buying my time back which for me I'm getting a better brand Focus I'm like okay now I need to show me buying my time back and showing them that I've been these aren't jobs I mean they're not jobs because they don't have to be there I want to be there I want to produce some content but I'm also getting Equity I'm getting research residual income I don't see I feel like your audience isn't at the point of buying back their time like the people who are watching your videos are the type to be beginner yeah want to do the things to get them to the spot where they could even own something and then to show that like okay here's how I'm buying my time back is too advanced to advance for most people to comprehend when they're at the like when they're trying to get to step one and you're step ten you're like let me show you how to get to step 11. yeah pay this person to do that it's I feel like that's Step Zero to five it's like the most impactful for people that want to like make that change and make that difference yeah I agree with you I'm not gonna I'm not going to disagree with you but I'm also trying to figure out how do I present that to people when it's not what I'm doing I've you know my vending machines are making three or four thousand dollars a month that's cool I mean that's life-changing money for so many people out there I know you know when I had the paintball business an extra 500 bucks a month man I would have killed for that back then special especially when I was working at the warehouse yeah or even more 500 bucks a month back then 11 25 an hour but it's also how do I present that to my subscribers even though that's not something I would do teach somebody else how to do that and document that I think that would be so cool to take someone who's uh you know 18 to 25. that's a good idea has 10 grand saved up five grand and you walk through with them and you film it going from nothing to I don't know 100 a week or something like that like 500 a month would be insane and then you get to see the difference of the work that you do and showing somebody how to do that like seeing the excitement yeah that's a good idea I guess I'm trying to do that with Noah that's out there he's an intern I started I got my video studio is actually out of college so I've been kind of working the business school out there to try to find people that are somewhat talented I'm I'm really having a problem finding good talent with people um I've got my my team keeps getting better better and better but every so all pretty often I've had people throw me curveballs I'm like okay I got to make sure the people I'm partnering with are good and then I need to make sure they're local and I need to make sure they're they're honest and trustworthy and true because there are people that have been helping in the background in my community with vending machines I bought one kit well and this this will never be posted like I'll never go into that like body kid a couple vending machines I said I will do some cold calling for you we documented the cold calling they never placed them which I guess that'd be a good video but once again I'm from rural Ohio do I really want to post a video about a kid that I tried to help went out bottom two vending machines went through the whole process did cold calling identified a couple locations he could play so they never went and got it done do I post a video on social media and run the kid down probably not no what good is going to come from that yeah I don't think anything's good going to come from and I've never mentioned that before other than here so Graham staff and iced coffee are exclusives exclusive as exclusive so it's like how does that work well then I've got a iterate and build my process down on helping other people what that's exactly what I'm trying to do with some laundromat guys that I'm coaching and training and we're texting back at night back and forth almost every night and presenting offers and things and I'm really enjoying doing that level of help and we just um I think we're going to do a video project out in Georgia here real soon where I've been coaching this guy back and forth for six months now he was telling me he's so excited he sent and he had accepted all from a laundromat and that's a dump it's worse than mine and I told him I said you know what if when you buy your first laundromat and after I've coached and trained you I said I'm bringing my film team out and I want to just sit there with you for the first three days and we'll go with you over everything you need to fix this laundromat up and I'll help and we'll just film the whole flipping thing with my crew and because we've already got all the documentation for him sending in letters of intent he's gone through eight like 12 laundromats looking at it that's where I'm wanting to take my brand because then it's less about me and my businesses and it's more about other people and how can I provide you value to them so how would you start let's just say you're I don't know 18 to 25 18 to 30 and you want to make an extra thousand dollars a month thousand dollars a month no we got to make more appetizing than that no I think a thousand a month is is both realistic 18 to 20 year old yes rate yeah you think that's a little I think I think in high school sure a thousand bucks no no side hustle it's really good money a thousand dollars a month for a side hustle jacket yeah it depends it depends on where you live and how how low income you are 500 a month is life-changing money for somebody that's making clear like bringing in 1600 a month at McDonald's so I mean like I always like trying to find these things a little bit better but if I was like a 18 year old kid fresh out of college or fresh out of high school and I'm like I'm looking at maybe going to college I've got a job or maybe I'm not got a job I would get a job I would number one started doing broad range of stocks vtivo um just find one of those things and I would start really researching are there any vending machine opportunities and this isn't a network and this is not a organized list you know your results May Vary issue a disclosure look at vending machines can I find some locations for vending machines can I find some cheap vending machines on Facebook Marketplace that's usually my place but once again we got the Cody Sanchez problem I mentioned that in videos and all vending machines disappear Marketplace but usually if you wait wait it out a couple weeks you can find one decent can I find any locations to put a snack machine or a vending machine well that's 800 bucks you should be able to make a couple hundred bucks um am I tech savvy um do I like technology I run a lot of guys they're very passionate about phones and stuff I like I really like rebuilding cell phones and computers and stuff not building gaming computers if I had a dollar for a buy that asked me that because once again we're still 18 year old kid um man I know a lot of kids that could do a physical side Hustle non-passive 50 bucks an hour doing cell phones so you work 10 hours a month on fixing other people's cell phones it's not really high-end it's not really technically complicated but if you're passionate about technology if it comes over easy 10 hours and 10 hours a month that's extra 500 bucks and it's scalable and that way um I mentioned this in one video I'm not telling everybody and their brother do it but we talked about laundry drop off I've got this kid um who watched my Tick Tock it tick tocks and I mentioned you know just be creative when it starts to you start a business you know you could do laundry a draw and do drop-off service without having any business of your like no Lottery your own just cut a deal with a laundromat owner ask for a cheaper usage of their laundromat and he sent me an email and he's like I watch a video you post something like I post that video two years ago and he's like I'm trying to buy a laundromat now because me and my college friends are making 7 500 8000 7500 8 000 extra month and they're using too many machines in the laundromat they're trying to get kicked out so like how to put an alarm at wow so they don't have to have any of their own equipment they just say we'll do the laundry the labor the little writing will take a split of what you bring in yeah and wow and and doing all this I would um I would build a brand so if you want to fix cell phones it's time for you to learn to make a Facebook page you want to do vending machine place placement learn how to do an email signature and build a Facebook page for your vending machine learn cross train and learn how the business World works and then you know I still want to turn people away from buying seeing if you can do a house hack what's the scariest moment you've had at one of your own laundromats uh my laundromats are becoming period the company I had to pull a gun on somebody you had to pull a gun um there was a rumor that there was a guy that had murdered somebody and he was squatting in one of my trailers and the videos actually I mean the videos on YouTube but I edited everything out and I'm like you know might have been better to post on the internet I don't well no no the reason I didn't post it was because I was still worried about the guy I went and did a video and that's when I filmed 99 of my stuff with a cell phone and I was doing the hey it's Brandon with investment Joy selfie and there was a guy's legs in a room and I didn't go I I do walk there's all my houses before I film now like I make sure the location's secure before I turn the camera on and uh I didn't do it that time I was a bad mistake so I turned around and I saw legs and I'm like what the crap and I look and there's like window in the trailer smashed out blood across the wall no and he gets up I'm like hello sir he's like don't mind me I'll leave and I gotta look at his face and it's the guy they said you know he's got a murder warrant in Kentucky crap so I do my thing I pull the gun on my holster and I'm like okay I'm ready to go and I got the camera I don't know if it was recording at that time I know I've got video through that incident and I'm like you need to leave my trailer park right now just get out here I don't care where you go never want to see you here again and you know he had a very violent guy and he's I'm sorry I'm psyched like you know bud I feel for you um but this is my trailer park you can't live here you're not paying rent I can't run anything to you I wish you best of luck but you've got to leave um you know everybody from my company knows I'm here and if you don't leave within two minutes I'll call the cops and you we both know you don't really do that right now and he walked off and we still dealt with that guy a couple times but not in that capacity so that's been weird but that was 2019 that's pre-coronovirus that's pretty wow YouTube Fame and stuff like that so it's like okay ever since then it's like okay I need to be worried about that a little bit more but I'd try and be you know it's a refining process and try to get a little better a little better a little better do you always carry that's the time yeah okay it's a crazy situation it's it's it's life but a lot of people have you ever considered like wearing a bulletproof vest or like just something where it's you know okay penetrable or a bull Professor I mean if someone pulls like a like a knife or something like that yeah maybe wear something that I mean to me to me here's the thing to me if it's that bad it's probably time for me to hang it up because I've got a wife and five kids right but it's it's also one of those things where I also feel on the other end I really need to document this process of my life and going on um just just going through the process it's important because you know a lot of people that have got a lot of kids in the ghetto and they're like you don't know what it's like to live up in this environment you know people getting shot every day yeah you know I've been in some tough times too and allows me on at least one level to connect with some of my subscribers that aren't in a traditional life situation and I I feel like it's important I feel like I can talk about it as time goes on as my brain gets bigger and better then I can go back and reflect and talk about the stories and talk about the bad times the good times how much money I've made how much money I haven't made how successful my businesses are or have been how unsuccessful they are and I'm just trying to craft stories around these different situations and you know trying to make the best of it because I think there's always value and positive and negative situations kind of defines a person you know how did you respond to this thing well didn't respond to the paintball company very good when we were making three bucks an hour he didn't iterate and improve it that went bankrupt or closed down or whatever it's just you know uh it is what it is but I'm very thankful for this you know if you feel thankful feel blessed for this point in life with my social media um brand I've met some people that you know they're like you changed my life I watched that video and like I have one video like 3 500 people watched back in 2019 where I was just talking about it doesn't matter where you are where you live whether you're in LA or the Deep South you can make a difference of your own life like you can change the situation you're in and I would encourage you I'm not telling you what to do I'd like you to consider starting a business or developing a business mindset and everything you do and the this guy um is adult now said oh that just changed my life because I was in college for some crazy degree that had no future and he said and it was it was something in the Arts he said it's not that I um I I I you you I took your advice I said oh you hate Arts that's it in the video which he understood he got that out of it and he said but I changed my major so I'd had an art degree I majored in business immediately I was like okay cool and he said so the first thing I did as a business school project is I started developing a brand and um they ended up by the time he got out of college they got acquired I was like oh dang it that's cool and I'm like well how much did you guys get acquired for because it was a decent sized brand to cut somebody that kind of heard it I was like is it more than 5 million or less than 5 million I said yes I can't say exactly I said more than 5 million the kid shakes his hat and wow yeah it's nice for a video that I felt disappointed on no one watched 3 500 views 3 500 views in 2019. see I'm always surprised by who listens to these podcasts like sometimes I get DMS from the most random people it blows my mind I just got a guy and um he's like oh I'd love for you to help me with Rosie I said I do I do training coaching like I will give you it for free just do it he's in the NBA um I've got another guy and he was he's kind of not a major character but he's minor character on stranger things like everybody really yes oh I'll tell you I'll tell you off camera okay um really nice guy and he's he he's been texting me while I've been in Vegas because he's like I got a real estate deal and there's some distressed situations there he's such a sweet guy such a cool guy what is this world I'm in so cool yeah and I'm like what world am I in that people would have any they pay any attention to this guy that's never going to college I'm from Southern Ohio grew up poor and I've just been trying my best and I'm you know I I fail in a lot of things and I walked there watch playing videos oh that's a stupid video why did they publish it oh man we could have done a better thumbnail I'm like but man I'm having some sort of positive impact on the world I'm like I need to keep doing it um trying to keep myself safe but I'm also trying not to live a lifestyle where I insulate myself from everything that happens and you know maybe maybe I'll die on camera and get a lot of clicks or maybe I'll just keep keep going on and everything will be fine I am trying to be cautious though yeah I got a random question do you think that it's easier to build wealth in rural areas or like the Midwest or do you think in wealthier areas like high density uh places like L.A I think it's totally equal you think it's perfectly I think it's perfectly equal I think it's just 50 50 and I think the problem is the problem is with the Midwest and Rural America is it's hard to find local mentors easily because there's not an easy Brain Trust that you can find super quickly I mean there's a method to it I'm big on good old boys clubs like the Masons or the Eagles or the moose or Odd Fellows or fraternal organizations for old people like I love those things um I love those types of groups in the midwest when you go to a place like La you could find you know they've got these incubator meanings I know I've seen some like nft meetups here in Vegas and I've seen the people that go to them I'm like man those really cool places they're big and they're advertised the uh the opportunity to get a job here and make a lot of money quick is very very big the opportunity in the midwest to buy a company from a dying owner quickly and easily or you can go and you can buy cheap real estate and it's just I don't ever want anybody uh I watched my content to say this is what I have to do this is this is how it has to be you know this you this you you need to go and buy a vending machine right now because realistically it's you know you can get a vending machine and not make a bunch of money off of it I like it because it insulates you because you can wait that you know it's just resell vending machine for the 800 bucks you have in it but I just feel I mean so many successful people from the Midwest and they do they've done well and people plenty of people from California do well um and you know it's just I think it's just you have to have a different mindset you have to understand the market just a little bit different but I think anybody can be successful in where you are what do you think Graham um I think big cities you you're exposed to so many other people I think that helps yeah from what I've seen that the smaller towns and cities um people tend to think the same way I think bigger cities you could break beyond that easier and at least for for me in La like just seeing because you have such a disparity of wealth in L.A uh you go like one side of the 10 freeway and all the houses are a quarter the price is going like a mile you know the other side of the 10 Freeway West of it um not west north um I think just seeing that you're able to kind of pick and choose from those areas and those those uh businesses so I think that that helps is just being around it right we don't really get quite that elsewhere yeah but for me it's also just the different I would I would say that um I would say based on the knowledge base and the current thing that everything works it's probably slightly easier in a bigger city um But as time goes on especially with social media and the knowledge that's on YouTube I Love YouTube today and it's becoming very easy to become very wealthy in Rural America because that that knowledge base it just gets easier and easier I agree I know some of the the best businesses that you can get into are the best like jobs that you can get into at a young age with a little experience are done on a laptop anyways yeah so it's better definitely if you're doing those sorts of jobs to live in cheaper areas where you can do some something with your money rather than like in some part of La where if you want to get a starter home it's like one and a half million dollars the strategy has to be different that's why I'm like I'm not telling you to get vending machines in downtown L.A probably would look at something a little bit different and a house hacks going to be very very difficult but you know what I got a guy in Orange County I know that bought a vending machine route from a retiring owner who just couldn't deal anymore is doing 175k gross 95k net and he bought it for 80 000 no yeah Orange County and that's so cool to be doing like I always think the idea of vending machines is so nice you literally walk up with some food you put it inside sure maybe you need to make repairs yeah and then you just collect money that sounds amazing yeah that's great and there's there's a lot of upside to it and there's a lot of we just did videos on one of the Las Vegas's largest ATM guy that's a cool business and he is also one of the largest massage chair guys and I never would have what okay well tell us about this massage chairs you ever go to um uh go through an airport yes and someone's sitting there they just dropped a 20 bill I at one time I heard he had most of those in airports and uh I always thought those were owned by the airport I don't think so I think he's the guy that has a bunch of them but he started he started rattling off some locations here in Vegas that he had massage chairs and ATMs and I think we're going to do a video on them pulled like a a standard investment Joy video so for an ATM it's a reverse video it's not pulling money from the location it's putting 15 grand in and then for the massage chair um they had a demo model that we were getting b-roll for so they're like oh we got the nice light and we're doing High frame photography on it or high frame video and we'd get shooting all the b-roll and prep for tomorrow's video and then they open it up and they get the the money cassette out when they pull like what what where's this money from they pulled the Cash There's I mean it looked like there's 80 bucks in there and they're like this was never in use or this was like not supposed to be in use still somebody it was sitting in an office a commercial office here real close to your place and just from the business people transiting through a small office and they made like 75 to 100 bucks that's crazy yeah I was like oh we don't have to they were because they talked about for this b-roll shop maybe we could take you know let's dump our wallets in there and see if we can put like 10 bucks in here just for b-roll with our lightings rig no everybody just looked at like holy crap there's a lot of money in this thing I'm like wow and this is a testament to these silly business ideas where you're buying you know the guy that we did the videos with Aaron he said yeah I love buying robot robot employees that I guess you know I think that he has 700 robot bank tellers ATM machines and he's got hundreds or dozens of robot masseuse Jesus Medusa yeah he's got all these all these he's all these different businesses just so cool like oh my gosh as I get more into this industry and more people call me about saying oh you got to see how I'm making money today and like the kid that watched me on Tick Tock and got some value in my business making you know 7 500 bucks a month I'll folding other people's clothes like oh my gosh is this this world has so much opportunity and if you can solve other people's problems and if you can find a way to automate it you make a lot of money off of it just wow all right title of the video how to build a seven figure business in a month in a month 30 days in 30 days building a seven figure business in 30 days yeah just gotta listen to Brandon last question that I have is uh you were mentioning earlier about hidden compartments sure you find them all the time I have found a lot and the coolest one I ever did and we're one day passed I I set Chillicothe Ohio where my laundromat is was on the um Underground Railroad I have found at least one compartment house where they were hiding Refugee slaves and it was that was awesome wow it was a it was a room in a closet and a closet and I was like what the heck it was an old brick Victorian and um gosh it was 10 years ago and uh it was I was like walking Closet in a Victorian I was like they didn't have these so I'm walking in and I'm looking in this this closet I'm like man and I'm like look at him there's a shoe compartment like where they had a little shoe rack in it like these people in this house in 1850 that was like built in 1840 like man these people were rich and I'm looking in this cubby hole and I'm like here's a a little um a little piece of wood that you could just turn I was like oh I've seen this before and it's like you could see where they could move the shoe rack over and whatever you flip it in and then the door just swung open and you open up the door and it's a compartment Angelica I think oh my gosh like they had people here that's been the coolest compartment I think I've ever seen I was like did you film it now this was this yeah I say I I've documented everything since 2013. this is one I'm pretty sure I missed I should probably go through my records a little more but most of the ones what we talked about earlier that's the coolest one but I also find a lot of drug compartments people will um they'll modify their ductwork in their house they'll pull out their their Vents and then they'll put you know they'll hide things in there on um fishing line and stuff and you're looking at like oh crap that guy that I rented this house to that I just loved to death and they're so kind and elderly was hiding hiding substances here and I've seen you know all these different compartments and all these different things you the conversation we had was about a person that I think had modified cars with hidden compartments I was like that was cool growing up you know the James Bond thing but then when you realize what most people are dealing with it's not near interesting as James Bond movies but um like I've been in I haven't rented too many cool houses like that I remember one house and probably when I was doing bpos they wanted me to do a BPO in a house and uh just going outside and I'm like it's a Cape Cod I was doing my form Cape Cod go inside where's the Second Story go outside there's a window out there go inside where's the access to it go outside there's blinds in a chair that lamp is antique there's no access to the Cape Cod the half story up top they go in the kitchen and I realize that they've drywalled and trimmed over the old staircase wow yeah I was like I can't I can't modify this house this is I can't do that so I'm a real estate agent they paid me 65 dollars to go in tell me what the house is worth and all I could do was like check off the Box possible Cape Cod here's the value with here's yeah oh and I was like man that was one of those moments I was like man how cool would it be to be a real estate investor buy this house because if it was uh interior BPO was a foreclosure so I just didn't to tell them what to listen for and I was like man I want to buy one of these house and just go on treasure hunting um the closest I've got to that old my own houses was I bought a house with a barn the barn had a attic in it and you know I'm working through this thing I was like I got one I got one and I'm working through it you can tell where the slats and the boards in the Attic were so bad the roof was old metal you could see daylight or some some level of light oh it took me a week to figure out and I realized on that specific house that there was it was a Hayloft at one time and you know with a Hayloft who cares about them they're just going to bring a hay track up to it you're going to push push whatever up in there the only way to get it was through a ladder on the outside paint it over little wood latch just like the house that was underground Riverwood house um so I was looking at it and I flipped that open I I haven't I we had brought ladders to try to get in it and before and my crew took the ladders off so I got on the hood of my or got on the cab of my pickup truck I had at the time very perched very precariously lifted it open and it was full of like Christmas decorations from the 50s wow yeah so there's an old antique sleigh in there and just some other cool stuff that's pretty neat that's a little better than the drugs like a really expensive version of Storage Wars except you're buying a house yeah I obviously if I get if I get really screw you money for you social media that's what I want to do so I was about make an offer on somebody's whole state site unseen I want to buy your farm for 350 000 I don't care what's in it I'll take it all I've had offers like that in the past but never would have had money um just that'd be cool serious just bring my team in we find everything value and we go in and we flip the house that's cool we'll figure out what all the contents are worth and what all the real estate's worth that's what I'd like to do but that's a 250 350 000 video project or probably more last time I had one offered it was pre-coronavirus and even in little middle nowhere Ohio our values have gone up a bit so I got a random question just to just to satisfy my curiosity how many doors do you have 135 right now 135 do you know what about you had last time we shot with you uh it was probably 130 ish so I've already started consolidation selling the crappy units trading above for better units so I've probably bought six or seven much nicer ones and then sold off dozen crappier ones and when that those those sales are reflected in my 1.4 million ish that I did in did last year in total real estate volume got it you go yeah thank you so much for coming tonight Jack um one other thing I want to mention is that you could get a free stock when you said all right guys thank you so much for coming in thank you so much for coming on the podcast thousand dollars with that said you guys until next time enjoy very cool guys that's great thank you so much man thank you