Full transcript
0:00we're always waiting for the next guy to
0:01come and sign their contract in the
0:02refinery and rent our building but until
0:04it leaks guess what it's just ugly it's
0:06time for his [ __ ] massage why we
0:08rehabed it's unbelievable guess what
0:10that's what it takes to run America and
0:11run the world so we own this building
0:13this is a building that's leased to a
0:15gas company this would looked like it
0:16was going to fall down when we bought it
0:17this another building that this guy
0:19owned this for how many years 60 years
0:21this is a crazy ugly building and we got
0:23it cleaned up and leased out and got a
0:26good lease on it and so again there's
0:27the refineries right there there's just
0:29our ugly buildings if they get a
0:30contract there they have to be within 10
0:32minutes of one of these plants here so
0:34we went around and bought up all the
0:35properties around the plant we honestly
0:37wish we would have had someone to ask
0:38help for like how to figure this out but
0:40we didn't we didn't ask anybody we just
0:42did it trial and air and we messed up a
0:44lot and all those mess ups cost money
0:46but we didn't have a mentor to say hey
0:48uh what do you think of this how should
0:49we do this how do we negotiate that how
0:51do we know how to charge they said how
0:53much is it to rent and we'd throw a
0:54number out there and and if they said
0:56yes our eyes got big and we high-fived
0:58when they left we building also the
1:00diesa building they do drug testing for
1:02the refineries that's one of our tenants
1:04they've been there for about 10 years
1:06now if they ever leave then in the next
1:07company that comes in will take the same
1:09building so they always stay rented cuz
1:11this drug testing facility leaves they
1:13need a drug testing facility in the area
1:14so then the next guy who gets the
1:16contract we'll be leasing our building
1:17but if they leave tomorrow we don't
1:18panic cuz guess what those plants need a
1:20drug testing facility and we have a
1:22facility that works perfect so another
1:24one will move into the same spot they're
1:25always leased we're always waiting for
1:27the next guy to come and sign their
1:28contract in the refinery rent our
1:30building all right check it out when
1:31you're watching these videos we know
1:32that you guys have questions that aren't
1:34answered might be about business might
1:35be about real estate well guess what we
1:37can answer all those questions that
1:38aren't getting answered in this video so
1:39shoot us a text at 928 605 4335 cuz
1:43there's questions that need to be
1:44answered and this dude and I will answer
1:46those questions for you 928 605 4335
1:50shoot us a text this gas station here
1:52this is uh one piece of property that we
1:54bought a building over there and this
1:55property just happened to be attached to
1:56it so we weren't going to do anything
1:58with it and one of these convenience
1:59stores came up to us I think we sold
2:00this for more than we bought the whole
2:02other piece of property for but we used
2:03to own the property right there again
2:05right here's the front gate right in
2:07front of you D chemical is right here
2:09and I love the fact that people hate
2:10chemicals and oil and stuff I love that
2:12that it bothers people cuz we make money
2:15off of it and you live off of it you
2:16people that hate it but guess what
2:18that's what it takes to run America and
2:19Run the World this's a building here
2:21amspec is an independent inspector they
2:23inspect chemicals and oil and make sure
2:25that it is what they say it is when
2:26they're selling it they needed another
2:28building so we built another building in
2:29the back for them if you seen this
2:31building when we bought it you would say
2:32you need to tear it down right and now
2:34look at it this here is mistrust they do
2:36Welling inspections in the refineries
2:38and they've been there for probably 12
2:40to 14 years you guys own that building
2:42yes we do we've tried to buy this
2:44building and we didn't get that one we
2:45missed out on it but we're going to keep
2:47trying there's another building we just
2:48leased it Marathon was leasing this
2:50building from us and they didn't need to
2:51store what they were storing there
2:53anymore we just got it back tenant
2:54wanted it painted that color that's in
2:56there now and they're doing a
2:57fabrication shop in there we fought get
3:00this building we missed out on this one
3:02again we'll keep trying to buy it
3:03another ugly building however this
3:04company here ran out of space here and
3:06they're leasing space from our Trucking
3:08facility now oh really yes this building
3:11here was so bad we call it the rust
3:12bucket why we rehabbed it's unbelievable
3:14so here's a property right here we've
3:16been trying to get this one for years
3:17and years and we thought we had a deal
3:19on it and we got down to the end and it
3:21didn't play out it just fell apart but
3:23I'll bet you we end up owning it some
3:24someday we will own this piece of
3:25property this is the type of buildings
3:27we buy everyone hates it it's ugly in
3:29town but we get done with it there's
3:30going to be a national tenant at least
3:32in that building from us someday yep
3:34again right in front of us guess what
3:35that is refineries right around the
3:36corner here we call it the owl building
3:38because Dino knew there was this giant
3:40owl that lived in it so he takes me in
3:42there one day I walk in the owl flies
3:43out about knocks me over we missed out
3:45on this damn place right here this was a
3:47smoking deal it was a storage complex
3:50you got this one and another one for a
3:51million dollars we were still new to
3:53storage like trying to figure out is
3:54that worth it or not I don't know [ __ ]
3:55it was worth $2 million bought this from
3:57Ron fresh hour he was a coach and Shop
4:00teacher in Texas City High School he had
4:02something to do with inventing the 50
4:04caliber rifle there was a bunch of rifle
4:05barrels in here Machining tools it was a
4:08lifetime full of equipment and when he
4:11passed away we ended up buying this
4:12property and rehabbing it and today
4:14Viking fabrication company is leasing
4:15this from us this is a crane company
4:17this is their corporate headquarters
4:19they lease this building from us we have
4:21this building here and like we said our
4:23buildings are ugly this here you see the
4:25roof up there it's Rusty ugly the
4:27refineries they get chemicals the salt
4:29water or whatever and the roof looks
4:31terrible but it won't leak we want it to
4:33leak so we can repl the roof but but
4:35until it leaks guess what it's just ugly
4:37it's just ugly they lease from us and
4:38they do work in the refineries we got
4:40Total Safety National tenant so we rehab
4:43it stuckle the front for them and
4:45they're happy Crane Company needed more
4:47space he just leased this here building
4:49from us and they got a shop to repair
4:51their cranes there's lay down yard right
4:53here that releasing to them also and
4:55then we're back at the refineries again
4:57the end of the street we have a niche
4:59and we started out with just one or two
5:01buildings and then there was some
5:02explosion happened in the refineries
5:05here OSHA said all non-essential
5:07employees need to be outside the
5:08refinery so all the companies that were
5:10inside the refineries had to get
5:11addresses outside of the gate and at
5:13that time we were able to start buying
5:15up these buildings and we kept buying
5:17these buildings for so cheap and then we
5:19could lease them out for so much we just
5:20started looking around like doesn't
5:22anybody else see this opportunity but
5:23guess what nobody came we never had any
5:26competition we own the most industrial
5:27properties here in Texas City and the
5:29most industrial properties in Freeport
5:31and now we've started in Bay City Texas
5:34our thing is to get it cash flowing in
5:3590 days you got to buy right and and the
5:38thing is that we don't pay retail for
5:40anything we buy the the projects that
5:41need to be rehabed you know that ugly
5:44building that we talked about a little
5:45bit ago there's people slamming us we
5:47did a Tik Tok on it and they're can't
5:49believe you're taking advantage of those
5:50people cuz we are offering half of what
5:52they wanted but just because someone has
5:53a Chevy truck and they want 200,000 for
5:55it and you offer them 75,000 you're not
5:58screwing them it started out wrong in
6:00the beginning that's all we're paying
6:01what it's worth yeah because people
6:03don't know how much it costs to to rehab
6:05a building it costs a lot of money we've
6:06been doing this for so long and I'm
6:08wrong every single time on the budget
6:10every time it costs twice as much as I
6:12think and takes twice as long once you
6:14get in there and you say hey we're just
6:15going to do this but when you fix one
6:16thing it makes the other things look
6:18twice as bad as they did when you first
6:19looked at them and it just grows pretty
6:21soon you got a nice product when you're
6:22done and you got good leases and they're
6:24great companies you got people that are
6:26proud or happy to be there and you can
6:28charge more and what has allowed us to
6:30buy all this real estate is having
6:31successful businesses so behind this
6:34scene what we're showing you right now
6:35also we have businesses that make money
6:37you could do this if you're a W2
6:39employee also you can do what we're
6:40doing but we choose to work for
6:42ourselves so we have to have
6:43money-making businesses to pay for the
6:45real estate we got a lot of property we
6:46take the money we put it back in the
6:48property anytime we get some money we're
6:49buying another building we're not trying
6:50to build our bank account or it looks
6:52giant it's cash flow and just keep
6:54having money come in and live within our
6:56means that's it you want to go do the
6:58carpet center and talked about how you
6:59raised it um I got to go back it's time
7:00for my massage here did you hear what he
7:02just said it's time for his [ __ ]
7:04massage this is the type of [ __ ] I got
7:06to put up with we're here to make money
7:07how is a massage how you get in the
7:09massage if I'm not relaxed and and in
7:11the Zen mode then you and I are going to
7:14fight you know what gets me in the Zen
7:15Moon money yep I'm not doing no goddamn
7:17massage you see who needs one out of
7:19this group
7:24[Music]