YOUR DAILY REAL ESTATE INVESTMENT SHOW
Oct. 6, 2022

Generating steady cash flow with Tim Bratz

Generating steady cash flow with Tim Bratz

In the 145th episode of Cash Flow Pro, we talk with Tim Bratz of Legacy Wealth Holdings. Tim comes from a blue-collar family in Cleveland, Ohio. Going through school, he was always fascinated with making money—his interest in real...


 

In the 145th episode of Cash Flow Pro, we talk with Tim Bratz of Legacy Wealth Holdings. Tim comes from a blue-collar family in Cleveland, Ohio. Going through school, he was always fascinated with making money—his interest in real estate during the early 2000s. During college, Tim found an internship for a home building company. Then, he noticed the amount of wealth one could build in real estate. After college, he moved to NYC and got his real estate license. He started brokering retail and office leases for commercial properties. After doing the math, he realized the benefits of real estate investing, moved to South Carolina, and became an investor. Eventually, Tim decided to focus on apartments because of their efficiency and, most importantly, cash flow! Tim is here to let us know how he invests in a preventative way, so ensure his portfolio only goes one way – up!

 

 

In this episode, we discuss:

  • The danger of speculation 
  • Investing for long-term cash flow 
  • The need for experience and figuring it out as you go 
  • Raising capital 
  • Adding value and all that it encompasses 

 

Tune in on this episode to find out more!

 

Find your flow, 

Casey Brown

 

Resources mentioned in this podcast:

  1. https://legacywealthholdings.com/about/https://www.linkedin.com/in/timbratz/

 

Transcript

1
00:00:02,226 --> 00:00:07,796
[casey_]: hey there and welcome to today's episode
of cash flow pro your daily real estate

2
00:00:07,856 --> 00:00:13,966
[casey_]: investing podcast and you tube channel i'm
here today with him brats of legacy wealth

3
00:00:14,106 --> 00:00:19,455
[casey_]: holdings and before i bring or or
bring them in i want to remind you

4
00:00:19,655 --> 00:00:23,302
[casey_]: the listeners to please head down and
leave us a review for the cash flow

5
00:00:23,342 --> 00:00:27,729
[casey_]: pro podcast if you've listened to us
be or if not leave a view after

6
00:00:27,789 --> 00:00:32,457
[casey_]: you listen to this episode and while
you're there please smash that subscribe button because

7
00:00:32,737 --> 00:00:36,924
[casey_]: that is the way you will get
notified when we release to content and new

8
00:00:36,984 --> 00:00:42,494
[casey_]: episodes it's you won't miss any of
our very very important guests that could help

9
00:00:42,774 --> 00:00:50,210
[casey_]: push you along in your capital raising
investing or sindication journey so with that said

10
00:00:50,371 --> 00:00:51,540
[casey_]: tim welcome to the show

11
00:00:52,670 --> 00:00:52,831
[tim_bratz]: man

12
00:00:52,788 --> 00:00:52,972
[casey_]: yeah

13
00:00:52,951 --> 00:00:54,097
[tim_bratz]: excited to be here thank you

14
00:00:54,966 --> 00:00:59,614
[casey_]: absolutely de we're we're excited to have
you here too and we're always excited to

15
00:00:59,654 --> 00:01:03,961
[casey_]: learn stories about how people got in
the business and where they came from and

16
00:01:04,462 --> 00:01:08,789
[casey_]: and because it's so relatable to so
many of who have i had a guy

17
00:01:08,829 --> 00:01:12,996
[casey_]: out here the other day who started
out as a is like a maintenance tech

18
00:01:13,096 --> 00:01:17,003
[casey_]: or whatever you know started out he
was basically in charge of changing toilets plunging

19
00:01:17,103 --> 00:01:22,272
[casey_]: toilets fixing outlets doing that kind of
stuff and now has hundreds of millions of

20
00:01:22,332 --> 00:01:29,183
[casey_]: dollars under our assets under management and
so were very very intrigued to hear relatable

21
00:01:29,263 --> 00:01:32,488
[casey_]: stories about how people got where he
so why don't you kind of start out

22
00:01:32,608 --> 00:01:36,333
[casey_]: tell us a little bit about yourself
where you come from how you got started

23
00:01:37,190 --> 00:01:40,555
[tim_bratz]: a man well again i appreciate your
having me and it's an honor to be

24
00:01:40,655 --> 00:01:43,640
[tim_bratz]: here and love the value that you
guys bring to the to your audience too

25
00:01:43,821 --> 00:01:47,948
[tim_bratz]: so yeah man so i'm a blue
color kid from cleveland ohio right my mom

26
00:01:48,028 --> 00:01:53,732
[tim_bratz]: was a stay at home mom dad
was a police officer and going through school

27
00:01:54,152 --> 00:01:58,019
[tim_bratz]: i always knew you know i like
the i was always fascinated with making money

28
00:01:58,179 --> 00:02:01,765
[tim_bratz]: you know and when i was going
through college was o three to seven so

29
00:02:01,825 --> 00:02:05,611
[tim_bratz]: the market was going gang busters and
everybody's make money in real estate and i

30
00:02:05,671 --> 00:02:07,254
[tim_bratz]: was like you know i'm gonna go
that route

31
00:02:07,476 --> 00:02:07,740
[casey_]: oh

32
00:02:07,855 --> 00:02:12,964
[tim_bratz]: so in college i got into the
trades in turned for home building company and

33
00:02:13,004 --> 00:02:16,329
[tim_bratz]: then i ended up moving out to
new york city where my brother lived at

34
00:02:16,349 --> 00:02:22,415
[tim_bratz]: the tie and just got a real
estate license and started brokering um retail leases

35
00:02:22,455 --> 00:02:28,824
[tim_bratz]: and office leases for commercial properties this
is two thousand seven and i broke one

36
00:02:28,904 --> 00:02:32,450
[tim_bratz]: lies and i was like i did
the math and i realized how much residual

37
00:02:32,591 --> 00:02:34,313
[tim_bratz]: income this owner was going to be
making

38
00:02:34,327 --> 00:02:34,713
[casey_]: yeah

39
00:02:34,454 --> 00:02:39,702
[tim_bratz]: from this little little unit in their
big building over the course the next of

40
00:02:39,743 --> 00:02:43,028
[tim_bratz]: a twelve year least term and i
was like i need to be doing that

41
00:02:43,248 --> 00:02:43,469
[tim_bratz]: i need

42
00:02:43,476 --> 00:02:43,599
[casey_]: yep

43
00:02:43,489 --> 00:02:47,375
[tim_bratz]: to be owning real estate not brokering
it and so i decided to move down

44
00:02:47,415 --> 00:02:51,202
[tim_bratz]: to charleston south carolina and in two
towns eight moved down here and decided i

45
00:02:51,242 --> 00:02:54,908
[tim_bratz]: want to become a real estate investor
and then all of a sudden the entire

46
00:02:54,988 --> 00:02:57,192
[tim_bratz]: market collapsed in october of eight

47
00:02:57,528 --> 00:02:57,689
[casey_]: yep

48
00:02:57,773 --> 00:02:59,577
[tim_bratz]: and i was like what's what's going
on

49
00:03:00,046 --> 00:03:00,186
[casey_]: it's

50
00:03:00,198 --> 00:03:00,318
[tim_bratz]: and

51
00:03:00,286 --> 00:03:05,055
[casey_]: so funny how so many of us
were around during that time and and like

52
00:03:05,115 --> 00:03:11,836
[casey_]: how many people had almost a full
paradimeshift due to that happening

53
00:03:11,716 --> 00:03:12,390
[tim_bratz]: hm

54
00:03:11,876 --> 00:03:15,839
[casey_]: you know and but by the way
dude charleston is probably one of the most

55
00:03:15,919 --> 00:03:21,604
[casey_]: kicks places i've ever been like it's
just i don't know man i love that

56
00:03:21,684 --> 00:03:22,004
[casey_]: place

57
00:03:22,341 --> 00:03:23,823
[tim_bratz]: dude it checks all the boxes you
know

58
00:03:23,756 --> 00:03:24,096
[casey_]: so like

59
00:03:24,044 --> 00:03:24,364
[tim_bratz]: it's got

60
00:03:24,297 --> 00:03:24,437
[casey_]: so

61
00:03:24,484 --> 00:03:24,745
[tim_bratz]: weather

62
00:03:24,577 --> 00:03:25,339
[casey_]: much history

63
00:03:25,065 --> 00:03:26,728
[tim_bratz]: got food it's got a history

64
00:03:26,501 --> 00:03:27,543
[casey_]: you're you're not

65
00:03:27,660 --> 00:03:28,511
[tim_bratz]: architecture art

66
00:03:29,306 --> 00:03:29,506
[casey_]: you're

67
00:03:29,541 --> 00:03:29,704
[tim_bratz]: od

68
00:03:29,586 --> 00:03:33,633
[casey_]: not real far i don't know about
the weather i think i was we were

69
00:03:33,693 --> 00:03:37,700
[casey_]: there like early summer the last time
i was there so i'm not a hundred

70
00:03:37,760 --> 00:03:42,213
[casey_]: percent sure about like full on summer
weather but de charleston is as a good

71
00:03:42,434 --> 00:03:43,702
[casey_]: good pick good pick

72
00:03:43,680 --> 00:03:46,046
[tim_bratz]: yeah i actually go i go up
to the mid west in the summer time

73
00:03:46,066 --> 00:03:47,570
[tim_bratz]: because it gets a little bit hot
and humid down here

74
00:03:48,189 --> 00:03:48,330
[casey_]: yeah

75
00:03:48,232 --> 00:03:51,440
[tim_bratz]: um and then i'm here for like
ten months out of the year but

76
00:03:51,399 --> 00:03:51,707
[casey_]: awesome

77
00:03:52,123 --> 00:03:52,344
[tim_bratz]: but yeah

78
00:03:52,276 --> 00:03:52,517
[casey_]: go ahead

79
00:03:52,405 --> 00:03:52,706
[tim_bratz]: yeah dude

80
00:03:52,597 --> 00:03:52,838
[casey_]: sorry

81
00:03:52,746 --> 00:03:59,481
[tim_bratz]: it's it's it's it's one of those
things to your point when when you see

82
00:03:59,541 --> 00:04:03,989
[tim_bratz]: the market shift like that and especially
as a new kid thinking everybody was printing

83
00:04:04,069 --> 00:04:08,797
[tim_bratz]: money everybody was wealthy everybody was getting
rich in real estate and then you see

84
00:04:08,877 --> 00:04:12,964
[tim_bratz]: some people who were ich and now
they're broke and then some people who are

85
00:04:13,004 --> 00:04:14,386
[tim_bratz]: rich and now they're even richer

86
00:04:14,816 --> 00:04:14,937
[casey_]: yep

87
00:04:15,368 --> 00:04:19,515
[tim_bratz]: you're like how does the same market
happen to everybody and some people sink and

88
00:04:19,575 --> 00:04:24,303
[tim_bratz]: some people swim like what's the difference
i started asking myself those kinds of questions

89
00:04:24,323 --> 00:04:29,371
[tim_bratz]: and i realized it wasn't about the
market right was happening to people it was

90
00:04:29,912 --> 00:04:34,279
[tim_bratz]: the person and the business model and
the business strategy on how were they going

91
00:04:34,339 --> 00:04:38,103
[tim_bratz]: out going about their investing right and
the people who got their ass handed to

92
00:04:38,163 --> 00:04:43,009
[tim_bratz]: him they were speculators right they were
buying at a retail price they weren't creating

93
00:04:43,960 --> 00:04:46,687
[tim_bratz]: any appreciation through sweat equity they were
just speculating

94
00:04:46,926 --> 00:04:47,068
[casey_]: yep

95
00:04:46,968 --> 00:04:50,195
[tim_bratz]: on appreciation right hoping tomorrow it's worth
more than what they bought it for today

96
00:04:50,917 --> 00:04:57,138
[tim_bratz]: and it was build built to sell
kind of a model or getting speculative land

97
00:04:57,238 --> 00:05:02,387
[tim_bratz]: plays things like that that took people
out completely the investors who were able to

98
00:05:02,407 --> 00:05:06,413
[tim_bratz]: write out the storm and were the
only ones getting loans when banks weren't lending

99
00:05:06,494 --> 00:05:09,378
[tim_bratz]: anybody anymore were the ones who were
buying for cash flow

100
00:05:09,737 --> 00:05:09,860
[casey_]: yep

101
00:05:09,959 --> 00:05:15,969
[tim_bratz]: right they bought at a discount they
created value through sweat equity and enforced appreciation

102
00:05:16,150 --> 00:05:20,277
[tim_bratz]: oh the value a process um they
had the property that cash flow they had

103
00:05:20,357 --> 00:05:25,645
[tim_bratz]: good debt terms in place you know
there were some principles that i realized that

104
00:05:25,766 --> 00:05:29,613
[tim_bratz]: i've implemented in my business to make
sure that that never happens to me what

105
00:05:29,653 --> 00:05:34,132
[tim_bratz]: happened in the last go around and
so um you know i never got into

106
00:05:34,192 --> 00:05:39,601
[tim_bratz]: like the fancy sexy super luxury or
high and flips or anything along those lines

107
00:05:39,942 --> 00:05:44,049
[tim_bratz]: i've always i flipped houses but they
were always turnkey single family rental properties

108
00:05:43,836 --> 00:05:43,997
[casey_]: sure

109
00:05:44,109 --> 00:05:47,374
[tim_bratz]: right i didn't sell i didn't care
because the sell cash flowed and then i

110
00:05:47,434 --> 00:05:50,980
[tim_bratz]: got a taste of apartment buildings in
two thousand twelve where i bought an eight

111
00:05:51,080 --> 00:05:56,950
[tim_bratz]: unit building and put some money into
it and just my mind was blown based

112
00:05:57,090 --> 00:06:00,015
[tim_bratz]: on going to one location instead of
eight locations looking

113
00:06:00,026 --> 00:06:00,148
[casey_]: yep

114
00:06:00,055 --> 00:06:03,161
[tim_bratz]: at one roof instead of eight roofs
one and one seller instead of eight sellers

115
00:06:03,641 --> 00:06:07,307
[tim_bratz]: and like one tax bill instead of
eight tax bills right like there's there's all

116
00:06:07,347 --> 00:06:13,137
[tim_bratz]: these wance and both acquisitions and raising
money and financing and on the operational side

117
00:06:13,217 --> 00:06:17,785
[tim_bratz]: and dis po side that's just easier
when you have more units in one location

118
00:06:18,197 --> 00:06:18,358
[casey_]: yep

119
00:06:18,446 --> 00:06:21,691
[tim_bratz]: and that that really got me excited
and i was like this

120
00:06:21,966 --> 00:06:21,986
[casey_]: m

121
00:06:22,031 --> 00:06:25,214
[tim_bratz]: this meets my sense of efficiency in
where i want to be and i went

122
00:06:25,234 --> 00:06:30,159
[tim_bratz]: all in an apartment so built up
portfolio couple hundred doors over the next few

123
00:06:30,239 --> 00:06:34,072
[tim_bratz]: years then that partnership i had an
exclusive partnership with some money guys

124
00:06:34,694 --> 00:06:34,715
[casey_]: i

125
00:06:34,895 --> 00:06:39,245
[tim_bratz]: ended up just kind of going away
and we decided go our separate ways so

126
00:06:39,305 --> 00:06:44,774
[tim_bratz]: we liquidated that portfolio started over in
two thousand fifteen late two thousand fifteen and

127
00:06:44,835 --> 00:06:49,122
[tim_bratz]: built my current portfolio since then so
most doors i got up to was about

128
00:06:49,202 --> 00:06:50,284
[tim_bratz]: forty eight hundred doors

129
00:06:50,076 --> 00:06:51,126
[casey_]: yeah

130
00:06:50,444 --> 00:06:51,626
[tim_bratz]: a little over forty eight hundred doors

131
00:06:51,479 --> 00:06:51,865
[casey_]: oh gosh

132
00:06:51,706 --> 00:06:52,307
[tim_bratz]: at one time

133
00:06:52,837 --> 00:06:53,019
[casey_]: wow

134
00:06:53,108 --> 00:06:55,753
[tim_bratz]: over four hundred million dollar portfolio and

135
00:06:56,196 --> 00:06:56,216
[casey_]: m

136
00:06:56,654 --> 00:07:00,220
[tim_bratz]: but over the course of the past
like two years i've been kind of peeling

137
00:07:00,260 --> 00:07:02,604
[tim_bratz]: off some stuff you know i think
i think we all go through like these

138
00:07:02,724 --> 00:07:03,446
[tim_bratz]: transitions

139
00:07:03,516 --> 00:07:03,904
[casey_]: oh

140
00:07:03,686 --> 00:07:05,229
[tim_bratz]: and growth phases were like

141
00:07:05,376 --> 00:07:06,135
[casey_]: yeah

142
00:07:05,629 --> 00:07:08,694
[tim_bratz]: hey i started up like dude i
started up in the war zones right

143
00:07:08,847 --> 00:07:09,093
[casey_]: sure

144
00:07:08,995 --> 00:07:12,322
[tim_bratz]: and then i graduated out of the
war zones into c class and i have

145
00:07:12,318 --> 00:07:12,338
[casey_]: i

146
00:07:12,362 --> 00:07:12,423
[tim_bratz]: to

147
00:07:12,378 --> 00:07:12,519
[casey_]: think

148
00:07:12,483 --> 00:07:12,604
[tim_bratz]: be

149
00:07:12,619 --> 00:07:12,740
[casey_]: some

150
00:07:12,724 --> 00:07:13,026
[tim_bratz]: class

151
00:07:12,780 --> 00:07:16,296
[casey_]: of that too you start seeing what's
problematic like like

152
00:07:16,251 --> 00:07:16,415
[tim_bratz]: yeah

153
00:07:16,477 --> 00:07:22,146
[casey_]: what what maybe maybe what side like
you could for instance determine that a twenty

154
00:07:22,186 --> 00:07:26,493
[casey_]: five unit is far more which obviously
the more the fewer units you have the

155
00:07:26,614 --> 00:07:30,042
[casey_]: more problematic they are in relation to
the bigger you

156
00:07:30,076 --> 00:07:30,690
[tim_bratz]: hm

157
00:07:30,122 --> 00:07:34,911
[casey_]: get but you know you can you
can kind of start honing in on saying

158
00:07:34,951 --> 00:07:38,317
[casey_]: hey man these are the good assets
that really make good cash flow they have

159
00:07:38,357 --> 00:07:41,562
[casey_]: good cash flow that don't they're in
a decent area where there's not just full

160
00:07:41,622 --> 00:07:46,832
[casey_]: on troublesome tendents or troublesome crime or
troublesome whatever and so yeah

161
00:07:46,651 --> 00:07:46,814
[tim_bratz]: yeah

162
00:07:46,992 --> 00:07:47,874
[casey_]: man i mean that's

163
00:07:49,930 --> 00:07:50,491
[tim_bratz]: the c class

164
00:07:50,339 --> 00:07:50,400
[casey_]: the

165
00:07:50,551 --> 00:07:51,893
[tim_bratz]: stuff dude looks good on paper

166
00:07:52,068 --> 00:07:52,211
[casey_]: yes

167
00:07:52,254 --> 00:07:56,201
[tim_bratz]: right but the paper returns aren't real
returns and you're always gonna have a better

168
00:07:56,802 --> 00:08:00,728
[tim_bratz]: long term return when you get into
more the bee class stuff like your highest

169
00:08:00,808 --> 00:08:05,196
[tim_bratz]: expense owning rental real estate is going
to be turned over so the more you

170
00:08:05,236 --> 00:08:09,242
[tim_bratz]: can limit turn over the greater your
returns are going to be c class and

171
00:08:09,282 --> 00:08:13,590
[tim_bratz]: d class tenants turn over a lot
more than b class tenants a class tenants

172
00:08:13,650 --> 00:08:17,616
[tim_bratz]: actually turn over a decent amount to
because they're buying houses so if you stick

173
00:08:17,477 --> 00:08:17,639
[casey_]: yes

174
00:08:17,676 --> 00:08:18,718
[tim_bratz]: into that work force

175
00:08:18,627 --> 00:08:18,769
[casey_]: yeah

176
00:08:18,798 --> 00:08:24,769
[tim_bratz]: housing you know blue color work force
housing b b plus a minus kind of

177
00:08:24,889 --> 00:08:31,621
[tim_bratz]: areas that are desirable safe good economic
anchors good school systems you're gonna have tenants

178
00:08:31,641 --> 00:08:33,784
[tim_bratz]: that stay there for a very very
long time so

179
00:08:33,796 --> 00:08:33,939
[casey_]: yeah

180
00:08:34,285 --> 00:08:37,671
[tim_bratz]: that's that's kind of what we focused
on and so as i've been growing my

181
00:08:37,731 --> 00:08:41,818
[tim_bratz]: portfolio we've been kind of trimming some
of the fat like you said the smaller

182
00:08:41,858 --> 00:08:45,945
[tim_bratz]: properties the c c properties and and
so i'm down till about i don't know

183
00:08:46,325 --> 00:08:49,591
[tim_bratz]: little like right around three thou little
over three thousand doors now and i'm gonna

184
00:08:49,611 --> 00:08:53,237
[tim_bratz]: sell probably another eight hundred over the
course the next couple of months so i'll

185
00:08:53,257 --> 00:08:56,122
[tim_bratz]: drop down to about twenty five hundred
doors and it's one of those take a

186
00:08:56,162 --> 00:08:58,828
[tim_bratz]: step back in order to make some
bigger leaps forward kind of a thing so

187
00:08:58,961 --> 00:08:59,143
[casey_]: sure

188
00:09:00,522 --> 00:09:00,603
[tim_bratz]: man

189
00:09:01,026 --> 00:09:04,230
[casey_]: yeah and that's and i think that's
almost

190
00:09:04,055 --> 00:09:04,076
[tim_bratz]: a

191
00:09:04,350 --> 00:09:07,013
[casey_]: a necessity i think as we move
as

192
00:09:06,930 --> 00:09:07,254
[tim_bratz]: yeah

193
00:09:07,133 --> 00:09:15,242
[casey_]: we move through the entrepreneur ship i
guess cycle if you will um and again

194
00:09:15,322 --> 00:09:19,489
[casey_]: you start trying to figure out what
works for you what's the most beneficial thing

195
00:09:19,569 --> 00:09:24,057
[casey_]: for you and your investors and how
what do you bring to the table with

196
00:09:24,137 --> 00:09:30,828
[casey_]: that i'd like to to to really
kind of dive in and dissect maybe your

197
00:09:30,968 --> 00:09:38,521
[casey_]: first deal where the capital raising portion
the deal finding portion and everything kind of

198
00:09:38,601 --> 00:09:46,133
[casey_]: came together and you realize ding ding
ding hey i'm on to something here you

199
00:09:46,173 --> 00:09:53,084
[casey_]: know so many people out there and
man i'm gonna like i was again always

200
00:09:53,465 --> 00:09:56,951
[casey_]: always try to go back and relate
to how did my story it how does

201
00:09:57,051 --> 00:10:02,200
[casey_]: my story resemble what everybody else is
going through and i have to be the

202
00:10:02,340 --> 00:10:08,648
[casey_]: first to tell you or first to
say that the years that i spent owning

203
00:10:08,769 --> 00:10:16,147
[casey_]: real property in the real estate business
moving and shaking and making money that i

204
00:10:16,227 --> 00:10:23,333
[casey_]: did never think was even possible was
still chump change but i had never investigated

205
00:10:23,634 --> 00:10:28,201
[casey_]: or never even realized that this whole
part of hey i can go get outside

206
00:10:28,261 --> 00:10:32,387
[casey_]: capital and i can start taking down
some of these fifty hundred two hundred unit

207
00:10:32,448 --> 00:10:35,411
[casey_]: complexes like the big guys and so
i'd like

208
00:10:35,396 --> 00:10:35,970
[tim_bratz]: hm

209
00:10:35,471 --> 00:10:40,417
[casey_]: to find out a little bit more
about when you hit that ding ding ding

210
00:10:40,497 --> 00:10:44,269
[casey_]: moment or a moment and said wow
i can do this

211
00:10:45,360 --> 00:10:48,363
[tim_bratz]: yeah man well i think that's a
great question and it's actually not one that

212
00:10:48,544 --> 00:10:52,889
[tim_bratz]: that i get very often because i
think there's there's different stages right in like

213
00:10:54,091 --> 00:10:58,283
[tim_bratz]: i think a lot of people who
listen to podcasts and go out to coaching

214
00:10:58,343 --> 00:11:01,649
[tim_bratz]: events they think they have to have
everything dialed in from the very get go

215
00:11:02,150 --> 00:11:05,375
[tim_bratz]: and the reality is i didn't you
know i was really bad at real estate

216
00:11:05,575 --> 00:11:10,423
[tim_bratz]: before i got good and was bad
s i owned hundreds of doors um i

217
00:11:10,504 --> 00:11:13,008
[tim_bratz]: still didn't have it all figured out
i didn't know how to indicate like i

218
00:11:13,068 --> 00:11:13,749
[tim_bratz]: just got private

219
00:11:13,656 --> 00:11:14,466
[casey_]: yeah

220
00:11:13,809 --> 00:11:16,594
[tim_bratz]: money and it was a different market
too you know i can go and just

221
00:11:16,614 --> 00:11:20,040
[tim_bratz]: get cash to buy an eight unit
building and be all into it for hundre

222
00:11:20,120 --> 00:11:22,704
[tim_bratz]: thousand dollars right like those numbers don't

223
00:11:22,746 --> 00:11:22,867
[casey_]: yep

224
00:11:22,764 --> 00:11:26,610
[tim_bratz]: exist today because it was a very
different market so you know your strategies always

225
00:11:26,630 --> 00:11:26,751
[tim_bratz]: going

226
00:11:26,696 --> 00:11:26,797
[casey_]: yep

227
00:11:26,771 --> 00:11:30,357
[tim_bratz]: to change but you're always adding tools
to the tool belt the longer that you're

228
00:11:30,457 --> 00:11:35,073
[tim_bratz]: in this business and the more stuff
that you see and so early on i

229
00:11:35,113 --> 00:11:38,060
[tim_bratz]: just got private money and they funded
a hundred per cent on the purchase price

230
00:11:38,100 --> 00:11:38,581
[tim_bratz]: and renovation

231
00:11:38,556 --> 00:11:38,758
[casey_]: yeah

232
00:11:38,722 --> 00:11:43,281
[tim_bratz]: i didn't even use bank loans for
shoot the first i don't now four years

233
00:11:43,342 --> 00:11:47,569
[tim_bratz]: that i was buying apartment buildings getting
into commercial so i just used private money

234
00:11:47,689 --> 00:11:50,473
[tim_bratz]: and hard money um from there then

235
00:11:50,316 --> 00:11:50,976
[casey_]: yeah

236
00:11:51,074 --> 00:11:54,260
[tim_bratz]: i realized somebody reached out to me
and said hey man can you spot or

237
00:11:54,360 --> 00:11:59,626
[tim_bratz]: a lone and can you raise some
money for this deal and it was building

238
00:11:59,666 --> 00:12:03,612
[tim_bratz]: some some town houses in savannah georgia
all i had to raise was three hundred

239
00:12:03,652 --> 00:12:07,779
[tim_bratz]: grand they had a really good set
up the bank was very motivated to get

240
00:12:07,859 --> 00:12:11,344
[tim_bratz]: some some bad debt off their books
they were willing to lend majority of the

241
00:12:11,885 --> 00:12:16,272
[tim_bratz]: the renovation cost and purchase price i
bring three hundred g so i wrote a

242
00:12:16,292 --> 00:12:20,097
[tim_bratz]: check for seventy five and i raised
two hundred twenty five and then i sponsored

243
00:12:20,137 --> 00:12:25,375
[tim_bratz]: the loan i got twenty six percent
of that deal for doing that and i

244
00:12:25,415 --> 00:12:26,357
[tim_bratz]: was like damn like

245
00:12:26,546 --> 00:12:26,748
[casey_]: wow

246
00:12:26,878 --> 00:12:30,844
[tim_bratz]: that continued to grow got fully occupied
and i was like dude how many of

247
00:12:30,884 --> 00:12:35,252
[tim_bratz]: these can i do so i understood
a little bit about bringing money or sponsoring

248
00:12:35,312 --> 00:12:38,818
[tim_bratz]: alone for equity in a project so
that kind of

249
00:12:39,116 --> 00:12:39,278
[casey_]: sure

250
00:12:40,180 --> 00:12:44,348
[tim_bratz]: continued growing and then started meeting some
mortgage brokers they said dude why are you

251
00:12:44,409 --> 00:12:48,617
[tim_bratz]: just using private money can we bring
some money to you yes and then i

252
00:12:48,838 --> 00:12:53,486
[tim_bratz]: am and then i started kind of
indicating where i get debt and then i

253
00:12:53,526 --> 00:12:56,531
[tim_bratz]: just bringing a single investor just for
the down stroke so i got into bigger

254
00:12:56,611 --> 00:13:00,798
[tim_bratz]: deals that way so i bought you
know a hundred thirty four unit department complex

255
00:13:01,339 --> 00:13:04,524
[tim_bratz]: where one investor wrote a check for
nine hundred grant for the down payment and

256
00:13:04,584 --> 00:13:09,532
[tim_bratz]: the bank brought the other rest of
the money and and i found people who

257
00:13:09,552 --> 00:13:13,218
[tim_bratz]: could write big checks i didn't even
know sindication was the thing until two thousand

258
00:13:13,518 --> 00:13:18,507
[tim_bratz]: eighteen where i had a big project
i had raised four million dollars i had

259
00:13:18,607 --> 00:13:23,603
[tim_bratz]: never raised more than nine hundred grand
four and um and i had a piecemeal

260
00:13:23,864 --> 00:13:28,371
[tim_bratz]: with a lot of different investors and
that deal i didn't know what i was

261
00:13:28,471 --> 00:13:32,999
[tim_bratz]: doing i didn't know i talk like
i'm figuring this thing out as i'm going

262
00:13:33,019 --> 00:13:37,546
[tim_bratz]: through the pr i'm talking to indication
attorneys i'm raising money not sure if i

263
00:13:37,606 --> 00:13:41,253
[tim_bratz]: did it the right way initially right
had to go back and clean everything up

264
00:13:41,553 --> 00:13:47,603
[tim_bratz]: and that's a standard you know process
and procedure just knowing that you're always going

265
00:13:47,643 --> 00:13:51,810
[tim_bratz]: to be learning as you continue to
grow and so you know everything is very

266
00:13:51,910 --> 00:13:56,157
[tim_bratz]: black and white after that first couple
of messy deals that i did but the

267
00:13:56,217 --> 00:14:02,131
[tim_bratz]: reality is never have everything figured out
but when i realized it was mostly dude

268
00:14:02,232 --> 00:14:04,134
[tim_bratz]: talk creating content right this

269
00:14:04,046 --> 00:14:04,189
[casey_]: yep

270
00:14:04,174 --> 00:14:08,740
[tim_bratz]: is what was the epiphany for me
you hosting this podcast

271
00:14:08,977 --> 00:14:09,118
[casey_]: yep

272
00:14:09,301 --> 00:14:14,991
[tim_bratz]: bringing on guests who convey a lot
of value to your audience um you are

273
00:14:15,051 --> 00:14:19,899
[tim_bratz]: bringing value obviously but really you're bringing
other people to share their experience but you're

274
00:14:19,939 --> 00:14:24,346
[tim_bratz]: the one gets all the credibility for
it because you're the medium in which that

275
00:14:24,447 --> 00:14:25,769
[tim_bratz]: information is passed through right

276
00:14:25,849 --> 00:14:25,970
[casey_]: yep

277
00:14:26,209 --> 00:14:30,076
[tim_bratz]: so now you have people bringing new
deals now you have people bringing you money

278
00:14:30,517 --> 00:14:33,261
[tim_bratz]: now you have people who want to
come and work for you and for free

279
00:14:33,341 --> 00:14:34,163
[tim_bratz]: just to get educated

280
00:14:34,706 --> 00:14:34,830
[casey_]: yep

281
00:14:34,964 --> 00:14:38,730
[tim_bratz]: and any of us can do that
if we just share our story through social

282
00:14:38,770 --> 00:14:39,291
[tim_bratz]: media and

283
00:14:39,308 --> 00:14:39,429
[casey_]: yep

284
00:14:39,331 --> 00:14:40,173
[tim_bratz]: that's what i started doing

285
00:14:40,657 --> 00:14:40,859
[casey_]: yeah

286
00:14:40,754 --> 00:14:43,979
[tim_bratz]: so when i had a couple hundred
doors i was sharing the like did you

287
00:14:43,999 --> 00:14:46,624
[tim_bratz]: guys now that you can even make
money this way like you don't have to

288
00:14:46,644 --> 00:14:49,148
[tim_bratz]: go and work for somebody for forty
years you can just go buy

289
00:14:49,549 --> 00:14:49,714
[casey_]: yes

290
00:14:49,568 --> 00:14:52,233
[tim_bratz]: a rental property and i started talking
about that and that

291
00:14:52,206 --> 00:14:52,432
[casey_]: yes

292
00:14:52,353 --> 00:14:56,863
[tim_bratz]: turned into message after message after message
of dude can i a deal with you

293
00:14:56,903 --> 00:14:59,176
[tim_bratz]: kind of sell a deal to you
buy a deal from you invest with you

294
00:15:00,060 --> 00:15:04,307
[tim_bratz]: joint venture or can i pay you
to coach me and that turned into like

295
00:15:04,367 --> 00:15:06,631
[tim_bratz]: a like a little man master mind
and

296
00:15:06,557 --> 00:15:06,739
[casey_]: yeah

297
00:15:06,671 --> 00:15:08,334
[tim_bratz]: little coaching platform which

298
00:15:08,178 --> 00:15:08,403
[casey_]: sure

299
00:15:08,414 --> 00:15:12,702
[tim_bratz]: generated more deal flow and more money
and that really game like kind of this

300
00:15:12,843 --> 00:15:14,088
[tim_bratz]: this hockey trajectory

301
00:15:14,676 --> 00:15:21,805
[casey_]: sure and so when you was it
did you start with family and friends

302
00:15:24,011 --> 00:15:27,016
[tim_bratz]: so i was i was flipping houses
so i had people in the real estate

303
00:15:26,809 --> 00:15:27,031
[casey_]: okay

304
00:15:27,056 --> 00:15:31,063
[tim_bratz]: industry who were hard money lenders and
turnkey buyers of the houses that i was

305
00:15:31,143 --> 00:15:34,188
[tim_bratz]: flipping and i said hey you're trying
to get ten per cent return on your

306
00:15:34,228 --> 00:15:38,295
[tim_bratz]: money in this you know ship whole
single family house that you're buying over here

307
00:15:38,816 --> 00:15:40,959
[tim_bratz]: why don't you just give it to
me i'll pay you ten percent and i'll

308
00:15:40,979 --> 00:15:42,943
[tim_bratz]: kick you some equity in that deal

309
00:15:42,846 --> 00:15:42,989
[casey_]: oh

310
00:15:43,564 --> 00:15:44,605
[tim_bratz]: um so i paid

311
00:15:44,736 --> 00:15:44,919
[casey_]: oh

312
00:15:44,986 --> 00:15:50,419
[tim_bratz]: i don't traditionally syndicate in the sense
of institutional equity minds a little bit different

313
00:15:50,500 --> 00:15:53,348
[tim_bratz]: i pay a fixed return to my
investors

314
00:15:53,826 --> 00:15:54,336
[casey_]: oh

315
00:15:54,370 --> 00:15:57,475
[tim_bratz]: regardless of whether or not the property
is performing if it's not performing i just

316
00:15:57,495 --> 00:16:00,480
[tim_bratz]: create an interest reserve and make sure
i build that into the cost basis

317
00:16:00,666 --> 00:16:01,716
[casey_]: yeah

318
00:16:01,141 --> 00:16:04,547
[tim_bratz]: um and then i pay them a
fixed press and usually it's some sort of

319
00:16:04,607 --> 00:16:08,894
[tim_bratz]: a value ad component where i can
put rents i can cosmedically improve the property

320
00:16:09,335 --> 00:16:11,839
[tim_bratz]: physically improve it manage the ally improve
it and then

321
00:16:12,369 --> 00:16:12,574
[casey_]: okay

322
00:16:12,420 --> 00:16:15,705
[tim_bratz]: um and then we can re finance
in thirty six months or so get them

323
00:16:15,725 --> 00:16:18,650
[tim_bratz]: all their money back essentially the bur
method and then

324
00:16:18,876 --> 00:16:19,656
[casey_]: yeah

325
00:16:18,911 --> 00:16:22,677
[tim_bratz]: they maintain their equity forever but they
don't have eight percent right my l p's

326
00:16:23,098 --> 00:16:28,847
[tim_bratz]: typically get somewhere between twenty to forty
per cent total ownership in ideals because due

327
00:16:28,887 --> 00:16:32,193
[tim_bratz]: the operators are the ones bringing all
the we're the ones finding off market direct

328
00:16:32,233 --> 00:16:36,821
[tim_bratz]: to seller deals were the ones um
negotiating it we're the ones doing all the

329
00:16:36,861 --> 00:16:41,689
[tim_bratz]: due diligence and creating the value and
really rolling up our sleeves and get in

330
00:16:41,729 --> 00:16:47,825
[tim_bratz]: our hands to in order to increase
the value component of it so um

331
00:16:48,066 --> 00:16:48,390
[casey_]: yes

332
00:16:48,226 --> 00:16:48,808
[tim_bratz]: so tha's how we've done it

333
00:16:50,158 --> 00:16:56,351
[casey_]: now i want to hear a little
bit more you know you've you've you've hit

334
00:16:56,612 --> 00:17:04,043
[casey_]: on value add multiple times um and
i think at least when i got started

335
00:17:04,816 --> 00:17:13,410
[casey_]: i had this idea that value ad
was purely um like hard goods like adding

336
00:17:13,470 --> 00:17:18,358
[casey_]: a pool or adding a fitness center
or adding this but there's actually many many

337
00:17:18,438 --> 00:17:23,026
[casey_]: many elements to value add that i
think a lot of people overlook and i'd

338
00:17:23,086 --> 00:17:26,171
[casey_]: like to hear maybe your take on
value add because

339
00:17:26,211 --> 00:17:26,352
[tim_bratz]: yeah

340
00:17:26,452 --> 00:17:30,519
[casey_]: i've found it to be like fingerprints
everybody kind of has one that's they all

341
00:17:30,599 --> 00:17:33,764
[casey_]: have one but it's everybody has well
but it's a little bit different and so

342
00:17:33,733 --> 00:17:34,320
[tim_bratz]: hm

343
00:17:35,576 --> 00:17:41,303
[casey_]: tell me what is your idea value
add and what is what's the what is

344
00:17:41,483 --> 00:17:43,425
[casey_]: what are the things that you all
do to make that happen

345
00:17:43,970 --> 00:17:48,998
[tim_bratz]: a man great question and i think
this is something that people definitely overlook and

346
00:17:49,058 --> 00:17:54,948
[tim_bratz]: it's it's integral to understand this stuff
now that prices are tight and you're trying

347
00:17:54,988 --> 00:17:59,216
[tim_bratz]: to figure out um you know how
do we how do we make this deal

348
00:17:59,777 --> 00:18:03,043
[tim_bratz]: into a deal right and most people
just look at hey if i renovate the

349
00:18:03,163 --> 00:18:06,148
[tim_bratz]: unit i can get the rent up
to her and that's that's the extent of

350
00:18:06,189 --> 00:18:06,249
[tim_bratz]: it

351
00:18:06,906 --> 00:18:07,028
[casey_]: yep

352
00:18:07,200 --> 00:18:09,262
[tim_bratz]: there's a lot of components that go
into

353
00:18:09,216 --> 00:18:09,443
[casey_]: yeah

354
00:18:09,322 --> 00:18:13,727
[tim_bratz]: it beyond that and if you understand
how apartment buildings are valued their value like

355
00:18:13,807 --> 00:18:14,588
[tim_bratz]: businesses are valued

356
00:18:15,836 --> 00:18:15,979
[casey_]: yep

357
00:18:15,920 --> 00:18:18,022
[tim_bratz]: so you take a look at the
income

358
00:18:18,066 --> 00:18:18,306
[casey_]: oh

359
00:18:18,742 --> 00:18:22,606
[tim_bratz]: minus the expenses equals the net operating
income and then a value a multiple of

360
00:18:22,666 --> 00:18:25,449
[tim_bratz]: that n o i which is a
caporate right and so

361
00:18:25,916 --> 00:18:26,038
[casey_]: yep

362
00:18:26,750 --> 00:18:26,850
[tim_bratz]: how

363
00:18:26,826 --> 00:18:27,516
[casey_]: oh

364
00:18:26,930 --> 00:18:28,252
[tim_bratz]: many different liolintums

365
00:18:27,696 --> 00:18:28,020
[casey_]: oh

366
00:18:28,352 --> 00:18:31,237
[tim_bratz]: are there in the income how many
can you create

367
00:18:31,166 --> 00:18:31,287
[casey_]: yep

368
00:18:31,658 --> 00:18:35,124
[tim_bratz]: in the income how many are there
in the expenses how many can you reduce

369
00:18:35,464 --> 00:18:39,812
[tim_bratz]: in the expenses so um you know
from a physical and point or let's let's

370
00:18:39,832 --> 00:18:44,159
[tim_bratz]: start with expenses because its little bit
easier taxes you can always appeal property taxes

371
00:18:44,279 --> 00:18:47,725
[tim_bratz]: you know or buy the l l
c and try to hopefully doesn't get reassessedlike

372
00:18:47,745 --> 00:18:51,531
[tim_bratz]: there's things that you can do in
order try to limit property tax is um

373
00:18:51,691 --> 00:18:55,117
[tim_bratz]: insurance obviously you can shop the insurance
around make sure you're doing that on a

374
00:18:55,177 --> 00:19:02,215
[tim_bratz]: regular basis um utilities we always put
in low flow water fixtures that reduces our

375
00:19:02,255 --> 00:19:07,243
[tim_bratz]: water bills by forty percent um in
many of our buildings water and sewer bills

376
00:19:07,564 --> 00:19:07,624
[tim_bratz]: we

377
00:19:07,606 --> 00:19:07,766
[casey_]: yeah

378
00:19:07,684 --> 00:19:10,168
[tim_bratz]: also put in l d lights that
that reduces

379
00:19:10,155 --> 00:19:10,236
[casey_]: yeah

380
00:19:10,228 --> 00:19:12,351
[tim_bratz]: our electrical it's by about twenty five
percent

381
00:19:12,606 --> 00:19:12,810
[casey_]: yes

382
00:19:12,912 --> 00:19:17,177
[tim_bratz]: so we're doing things like that obviously
to reduce um that side of things

383
00:19:17,356 --> 00:19:20,041
[casey_]: it's creating a spread it's creating

384
00:19:20,042 --> 00:19:20,425
[tim_bratz]: exactly

385
00:19:20,121 --> 00:19:21,884
[casey_]: a spread and it's everything

386
00:19:21,550 --> 00:19:21,913
[tim_bratz]: and so when

387
00:19:21,924 --> 00:19:22,064
[casey_]: that

388
00:19:21,933 --> 00:19:22,335
[tim_bratz]: you create

389
00:19:22,124 --> 00:19:22,384
[casey_]: you can

390
00:19:22,375 --> 00:19:22,476
[tim_bratz]: that

391
00:19:22,465 --> 00:19:29,436
[casey_]: get in there and wedge and create
the spread because some of those things just

392
00:19:29,496 --> 00:19:33,984
[casey_]: because you just because you change out
incandescent light bulbs for l d light bulbs

393
00:19:34,304 --> 00:19:37,229
[casey_]: you can't be like all right rents
going up wentyfive bucks necessarily

394
00:19:37,080 --> 00:19:37,100
[tim_bratz]: m

395
00:19:37,750 --> 00:19:41,837
[casey_]: now what you can do is you're
like you said reduce your expert is and

396
00:19:41,897 --> 00:19:45,904
[casey_]: then if you're also remodeling and doing
some other things as well which i'm assuming

397
00:19:45,964 --> 00:19:50,231
[casey_]: that that kind of goes along with
changing lights and but the low flow water

398
00:19:50,291 --> 00:19:54,956
[casey_]: fixtures man that's honestly that's that's kind
of pretty lose to the first time i've

399
00:19:54,976 --> 00:19:58,983
[casey_]: heard some that is a value add
strategy of course you have people that do

400
00:19:59,243 --> 00:20:01,186
[casey_]: a little bit of this here and
there but but

401
00:20:01,340 --> 00:20:01,522
[tim_bratz]: yeah

402
00:20:01,367 --> 00:20:07,077
[casey_]: man that's that's just go to amazon
and order a damn case of of a

403
00:20:07,137 --> 00:20:09,870
[casey_]: hundred shower heads that are all low
water flow and change them

404
00:20:09,850 --> 00:20:09,972
[tim_bratz]: it's

405
00:20:09,971 --> 00:20:10,091
[casey_]: out

406
00:20:10,690 --> 00:20:13,520
[tim_bratz]: it's legitimately two to three

407
00:20:13,485 --> 00:20:13,506
[casey_]: m

408
00:20:13,581 --> 00:20:18,369
[tim_bratz]: hundred dollars per unit that's it and
you'll get your money back within ten months

409
00:20:18,990 --> 00:20:19,550
[tim_bratz]: by doing that

410
00:20:19,416 --> 00:20:19,618
[casey_]: wow

411
00:20:20,131 --> 00:20:22,275
[tim_bratz]: um and so and then

412
00:20:22,416 --> 00:20:23,226
[casey_]: yeah

413
00:20:22,836 --> 00:20:26,820
[tim_bratz]: and so what you need to understand
or what people need toundersan is like every

414
00:20:27,000 --> 00:20:31,949
[tim_bratz]: dollar saved go straight to the bottom
line just like every dollar gained goes straight

415
00:20:31,989 --> 00:20:35,815
[tim_bratz]: to the bottom line for the most
part you know and so you can equally

416
00:20:35,915 --> 00:20:40,222
[tim_bratz]: impact the net operating income by saving
money without even raising rents

417
00:20:40,416 --> 00:20:40,558
[casey_]: yep

418
00:20:40,603 --> 00:20:44,550
[tim_bratz]: you know if you could just reduce
the expenses maybe you just do make all

419
00:20:44,590 --> 00:20:48,136
[tim_bratz]: the improvements on the front end and
hard in the property meaning we don't put

420
00:20:48,196 --> 00:20:52,400
[tim_bratz]: carpet in any of our apartments we
only do l v t tyle i don't

421
00:20:52,440 --> 00:20:55,445
[tim_bratz]: do ceiling fans anywhere i only do
flush mount globe lights

422
00:20:55,526 --> 00:20:55,649
[casey_]: yep

423
00:20:55,886 --> 00:20:59,312
[tim_bratz]: because ceiling fans have have parts that
break they have too many moving parts parts

424
00:20:59,332 --> 00:21:03,018
[tim_bratz]: that rattle people hang ship from them
you know like those little fly catcher things

425
00:21:03,298 --> 00:21:03,599
[tim_bratz]: like all

426
00:21:03,507 --> 00:21:03,648
[casey_]: yep

427
00:21:03,639 --> 00:21:04,080
[tim_bratz]: that nonsense

428
00:21:04,397 --> 00:21:04,540
[casey_]: yep

429
00:21:04,540 --> 00:21:08,747
[tim_bratz]: we don't do carpet because it holds
bugs it holds dirt it stinks it maintains

430
00:21:08,908 --> 00:21:13,635
[tim_bratz]: smell people put cigarettes out in it
or iron marks in it and you have

431
00:21:13,675 --> 00:21:17,612
[tim_bratz]: to change it out all the time
here's another thing maintenance right if i have

432
00:21:17,672 --> 00:21:21,318
[tim_bratz]: carpet i have to steam clean the
carpet between tenants which means we can't walk

433
00:21:21,398 --> 00:21:22,320
[tim_bratz]: on it for a day or two

434
00:21:22,586 --> 00:21:22,728
[casey_]: yep

435
00:21:22,881 --> 00:21:26,146
[tim_bratz]: while it dries versus l v t
where we sweep it

436
00:21:26,235 --> 00:21:26,256
[casey_]: m

437
00:21:26,346 --> 00:21:29,752
[tim_bratz]: mop it and it's ready in thirty
minutes right so the more you can reduce

438
00:21:29,832 --> 00:21:34,039
[tim_bratz]: turn over and turn over time and
we do that by hardening the property on

439
00:21:34,079 --> 00:21:38,346
[tim_bratz]: the front end it reduces our ongoing
maintenance is very predictable mainenance schedule and then

440
00:21:38,406 --> 00:21:41,540
[tim_bratz]: allows us to you know have have
more predictable cash flow

441
00:21:41,756 --> 00:21:41,896
[casey_]: yeah

442
00:21:41,903 --> 00:21:42,004
[tim_bratz]: from

443
00:21:41,997 --> 00:21:42,177
[casey_]: that's

444
00:21:42,024 --> 00:21:42,166
[tim_bratz]: there

445
00:21:42,217 --> 00:21:46,362
[casey_]: a good term hardening the property i
like that i think that's i think that's

446
00:21:46,642 --> 00:21:51,398
[casey_]: that that really just kind of seems
like just kind of is what it is

447
00:21:51,558 --> 00:21:53,121
[casey_]: you know saying i mean that's really
what

448
00:21:53,143 --> 00:21:53,670
[tim_bratz]: hm

449
00:21:53,201 --> 00:21:56,867
[casey_]: you're doing is hardening it so um
you know i think a lot of people

450
00:21:56,947 --> 00:22:02,236
[casey_]: to overlook the minimal things the minimum
things you can do in a kitchen to

451
00:22:02,336 --> 00:22:07,625
[casey_]: really upgrade an apartment of value ad
um and and again the kitchen tends to

452
00:22:07,765 --> 00:22:12,193
[casey_]: seem to be a spot where rent
can get increased if things are really in

453
00:22:12,233 --> 00:22:12,693
[casey_]: good shape

454
00:22:12,720 --> 00:22:12,988
[tim_bratz]: yeah

455
00:22:13,194 --> 00:22:14,951
[casey_]: and look decent and whatever

456
00:22:15,250 --> 00:22:15,570
[tim_bratz]: yeah man

457
00:22:16,341 --> 00:22:16,441
[casey_]: so

458
00:22:16,452 --> 00:22:20,378
[tim_bratz]: so let's let's talk about let's talk
about the ways to increase income now right

459
00:22:20,398 --> 00:22:23,183
[tim_bratz]: we talked about ways to reduce expenses
just real quick on the income

460
00:22:22,997 --> 00:22:23,220
[casey_]: sure

461
00:22:23,724 --> 00:22:27,129
[tim_bratz]: is obviously easy is renovating the unit
rights

462
00:22:27,266 --> 00:22:28,116
[casey_]: yeah

463
00:22:28,011 --> 00:22:31,497
[tim_bratz]: by putting l v t floors that
look like hard wood in it just makes

464
00:22:31,537 --> 00:22:35,043
[tim_bratz]: it look nicer you know you're you're
putting better colors on the walls you're using

465
00:22:35,143 --> 00:22:39,775
[tim_bratz]: grays instead of the tans and vases
that from the nineties and earl two thousand

466
00:22:41,390 --> 00:22:44,114
[tim_bratz]: we do everything white right like if
i took you into any one of my

467
00:22:44,174 --> 00:22:50,244
[tim_bratz]: apartment complexes in twelve different states um
and and blindfolded you spun you around and

468
00:22:50,284 --> 00:22:53,310
[tim_bratz]: ask you where we were you wouldn't
know because they all look exactly the same

469
00:22:53,991 --> 00:22:56,655
[tim_bratz]: so that way we can take paint
from one location take it to the other

470
00:22:56,775 --> 00:23:00,421
[tim_bratz]: one take fixtures from one location take
it to the next one and knowing that

471
00:23:00,922 --> 00:23:05,089
[tim_bratz]: um exactly what skees we're using for
all that stuff so that's a big deal

472
00:23:05,650 --> 00:23:08,515
[tim_bratz]: and when you think about kitchens to
your point we're not

473
00:23:08,556 --> 00:23:09,606
[casey_]: oh

474
00:23:08,575 --> 00:23:13,022
[tim_bratz]: talking about like a gore made kitchen
we're talking about like legitimately twelve to fifteen

475
00:23:13,123 --> 00:23:19,113
[tim_bratz]: square feet of granite and when you
realize a piece lamont counter top is a

476
00:23:19,213 --> 00:23:23,320
[tim_bratz]: hundred fifty box or two hundred box
and you can get granted for three fifty

477
00:23:23,380 --> 00:23:24,522
[tim_bratz]: or four hundred dollars

478
00:23:24,336 --> 00:23:24,746
[casey_]: ye

479
00:23:25,042 --> 00:23:26,264
[tim_bratz]: but it hardens the property

480
00:23:26,337 --> 00:23:26,499
[casey_]: just

481
00:23:26,745 --> 00:23:28,128
[tim_bratz]: it attracts better tenants it

482
00:23:28,236 --> 00:23:28,483
[casey_]: oh

483
00:23:28,248 --> 00:23:31,613
[tim_bratz]: maintains better ten it's right you can't
get burned

484
00:23:31,506 --> 00:23:31,727
[casey_]: yeah

485
00:23:31,674 --> 00:23:35,934
[tim_bratz]: marks on it it will last forever
that kind of

486
00:23:35,925 --> 00:23:35,946
[casey_]: m

487
00:23:35,975 --> 00:23:39,064
[tim_bratz]: stuff can you can raise rent from
uh

488
00:23:39,216 --> 00:23:39,556
[casey_]: yeah and

489
00:23:39,488 --> 00:23:39,589
[tim_bratz]: what

490
00:23:39,637 --> 00:23:39,657
[casey_]: a

491
00:23:39,649 --> 00:23:39,710
[tim_bratz]: are

492
00:23:39,717 --> 00:23:39,817
[casey_]: lot

493
00:23:39,750 --> 00:23:39,831
[tim_bratz]: some

494
00:23:39,857 --> 00:23:39,897
[casey_]: of

495
00:23:39,872 --> 00:23:40,033
[tim_bratz]: other

496
00:23:39,957 --> 00:23:43,803
[casey_]: times people look at t for water
or the water and you may have said

497
00:23:43,864 --> 00:23:48,772
[casey_]: water man missed it there trying to
take some notes and whatever the water man

498
00:23:48,852 --> 00:23:51,015
[casey_]: the water damage to some like what
everybody

499
00:23:51,391 --> 00:23:51,613
[tim_bratz]: right

500
00:23:51,436 --> 00:23:57,426
[casey_]: started going with like a laminat clip
together board whatever and then it's like that

501
00:23:57,466 --> 00:24:00,511
[casey_]: was good stuff until just you spilled
a cup of water on it and then

502
00:24:00,571 --> 00:24:02,795
[casey_]: also it swelled or whatever but yeah
that

503
00:24:02,926 --> 00:24:03,540
[tim_bratz]: hm

504
00:24:03,156 --> 00:24:08,965
[casey_]: t is really and it's it's that
to me is like a solid investment the

505
00:24:09,025 --> 00:24:09,687
[casey_]: only thing that really

506
00:24:09,563 --> 00:24:09,787
[tim_bratz]: sure

507
00:24:09,747 --> 00:24:13,132
[casey_]: goes the worst part about that is
the color is probably going to go out

508
00:24:13,212 --> 00:24:15,519
[casey_]: before the floor wears out so um

509
00:24:15,336 --> 00:24:15,930
[tim_bratz]: hm

510
00:24:15,841 --> 00:24:16,747
[casey_]: but nevertheless

511
00:24:18,701 --> 00:24:22,548
[tim_bratz]: but a couple other things is like
here's one of te tings we did down

512
00:24:22,608 --> 00:24:27,737
[tim_bratz]: in georgia i have a bunch of
seventies vintage you know type properties garden style

513
00:24:27,777 --> 00:24:32,064
[tim_bratz]: apartment buildings down in georgia and every
buddy had these tennis courts and so i

514
00:24:32,124 --> 00:24:36,010
[tim_bratz]: could go in and they're all beat
up right like it's all beat up asphalt

515
00:24:36,792 --> 00:24:41,720
[tim_bratz]: the nets are missing the chain link
is all is all rusted out we can

516
00:24:41,780 --> 00:24:44,525
[tim_bratz]: go in we could rip them all
out and spend ten thousand dollars in order

517
00:24:44,605 --> 00:24:46,448
[tim_bratz]: rip it all out get dempsters

518
00:24:46,656 --> 00:24:46,920
[casey_]: yeah

519
00:24:46,848 --> 00:24:49,413
[tim_bratz]: track it up truck it all out
of here and then plant new grass but

520
00:24:49,433 --> 00:24:53,139
[tim_bratz]: then i just have an open field
and ten thousand dollars or

521
00:24:53,496 --> 00:24:53,516
[casey_]: m

522
00:24:54,130 --> 00:24:59,408
[tim_bratz]: what if we went about painting the
changeling fence

523
00:24:59,616 --> 00:24:59,636
[casey_]: m

524
00:24:59,829 --> 00:25:00,150
[tim_bratz]: what if we

525
00:25:00,080 --> 00:25:00,606
[casey_]: hm

526
00:25:00,311 --> 00:25:04,341
[tim_bratz]: painted and resealed the asphalt what we
put a gate on it

527
00:25:04,566 --> 00:25:04,586
[casey_]: m

528
00:25:04,742 --> 00:25:05,623
[tim_bratz]: along with a doggy

529
00:25:05,946 --> 00:25:05,966
[casey_]: m

530
00:25:07,025 --> 00:25:09,248
[tim_bratz]: doggy bag expense or dispenser

531
00:25:09,396 --> 00:25:10,326
[casey_]: mhm

532
00:25:10,100 --> 00:25:14,146
[tim_bratz]: now we took something and instead of
a ten thousand dollar expense now it's a

533
00:25:14,487 --> 00:25:19,956
[tim_bratz]: fifteen hundred dollar expense and we turned
it into an asset a pet run for

534
00:25:19,996 --> 00:25:23,621
[tim_bratz]: the dogs now that pet run doesn't
make us money but what it does do

535
00:25:23,701 --> 00:25:28,426
[tim_bratz]: is attract pet owners who pay a
one hundred to two hundred dollar nonrefundable pet

536
00:25:28,526 --> 00:25:32,930
[tim_bratz]: fee for each pet and an actual
twenty five to fifty dollars a month on

537
00:25:33,411 --> 00:25:36,697
[tim_bratz]: each pet that they have in their
in their apartment so now it attracts pet

538
00:25:36,817 --> 00:25:41,244
[tim_bratz]: owners who are willing to pay more
in rent and in deposits this is hudson

539
00:25:43,028 --> 00:25:43,168
[tim_bratz]: and

540
00:25:43,686 --> 00:25:45,529
[casey_]: hey buddy he's

541
00:25:45,506 --> 00:25:45,566
[tim_bratz]: he

542
00:25:45,569 --> 00:25:45,669
[casey_]: the

543
00:25:45,627 --> 00:25:45,768
[tim_bratz]: says

544
00:25:45,710 --> 00:25:45,790
[casey_]: one

545
00:25:45,809 --> 00:25:45,870
[tim_bratz]: he

546
00:25:45,810 --> 00:25:46,351
[casey_]: that's bringing all

547
00:25:46,253 --> 00:25:46,415
[tim_bratz]: wait

548
00:25:46,371 --> 00:25:47,092
[casey_]: the knowledge right

549
00:25:48,150 --> 00:25:53,719
[tim_bratz]: right right and so but it allows
us to add more income right does that

550
00:25:53,759 --> 00:25:54,060
[tim_bratz]: make sense

551
00:25:55,066 --> 00:25:55,189
[casey_]: yeah

552
00:25:55,101 --> 00:25:59,148
[tim_bratz]: and here's here's like you can do
valet trash service if you have a maintenance

553
00:25:59,208 --> 00:26:04,136
[tim_bratz]: person on staff on salary guess what
you don't even have to take on any

554
00:26:04,197 --> 00:26:04,317
[tim_bratz]: more

555
00:26:04,289 --> 00:26:04,391
[casey_]: as

556
00:26:04,357 --> 00:26:08,744
[tim_bratz]: expense you just have your tenants put
the trash out on you know monday nights

557
00:26:08,784 --> 00:26:08,864
[tim_bratz]: or

558
00:26:08,916 --> 00:26:09,178
[casey_]: oh

559
00:26:08,944 --> 00:26:13,272
[tim_bratz]: sunday nights and thursday nights and right
outside there door are they willing to pay

560
00:26:13,332 --> 00:26:17,078
[tim_bratz]: an extra thirty bucks a month in
order to not have to take their garbage

561
00:26:17,819 --> 00:26:23,429
[tim_bratz]: out down the hallway drag it dripping
you know trash gets blown all over they

562
00:26:23,449 --> 00:26:27,155
[tim_bratz]: have to walk ross the parking lot
in the rain in the dark worried about

563
00:26:27,235 --> 00:26:29,939
[tim_bratz]: somebody jumping out at them or freeing
raccoon jumping on their neck

564
00:26:30,216 --> 00:26:30,416
[casey_]: oh

565
00:26:30,540 --> 00:26:34,828
[tim_bratz]: opening up a dirty as garbage fan
flies all over dude nobody wants

566
00:26:34,724 --> 00:26:34,887
[casey_]: yeah

567
00:26:34,888 --> 00:26:35,409
[tim_bratz]: to do that

568
00:26:35,716 --> 00:26:35,878
[casey_]: yeah

569
00:26:36,090 --> 00:26:39,296
[tim_bratz]: pay thirty bucks all day for valet
trash service and so

570
00:26:39,286 --> 00:26:39,428
[casey_]: yeah

571
00:26:40,899 --> 00:26:44,185
[tim_bratz]: have put it out there have your
garbage guy know that the trash is there

572
00:26:44,766 --> 00:26:49,955
[tim_bratz]: then it you know it controls the
litter and the garbage around the site there's

573
00:26:49,975 --> 00:26:52,940
[tim_bratz]: a lot of things like that if
you have a hundred unit building thirty bucks

574
00:26:53,020 --> 00:26:58,069
[tim_bratz]: per person per month you're taking about
three grand month thirty six thousand dollars a

575
00:26:58,169 --> 00:26:58,369
[tim_bratz]: year

576
00:26:58,866 --> 00:26:59,206
[casey_]: divided

577
00:26:59,012 --> 00:26:59,173
[tim_bratz]: at a

578
00:26:59,266 --> 00:26:59,346
[casey_]: by

579
00:26:59,374 --> 00:26:59,534
[tim_bratz]: six

580
00:26:59,406 --> 00:26:59,847
[casey_]: your cap

581
00:26:59,655 --> 00:27:00,037
[tim_bratz]: per cent

582
00:26:59,947 --> 00:27:01,509
[casey_]: rate divide thirty six

583
00:27:01,382 --> 00:27:01,544
[tim_bratz]: yeah

584
00:27:01,629 --> 00:27:05,254
[casey_]: thousand by six by point o six
and man you got what x twelve eight

585
00:27:05,240 --> 00:27:05,380
[tim_bratz]: six

586
00:27:05,274 --> 00:27:05,675
[casey_]: and wen

587
00:27:05,501 --> 00:27:06,826
[tim_bratz]: hundred thousand dollars

588
00:27:06,826 --> 00:27:08,132
[casey_]: that's what i'm saying man

589
00:27:07,910 --> 00:27:08,932
[tim_bratz]: additional value

590
00:27:09,216 --> 00:27:09,458
[casey_]: oh

591
00:27:09,232 --> 00:27:13,340
[tim_bratz]: for no additional expense right so you
got to think outside the box of how

592
00:27:13,420 --> 00:27:14,963
[tim_bratz]: do you add value to

593
00:27:14,872 --> 00:27:15,016
[casey_]: yes

594
00:27:15,063 --> 00:27:17,829
[tim_bratz]: these two these properties and that's a
great way of doing it

595
00:27:18,946 --> 00:27:24,275
[casey_]: man i mean and that's and such
a masterful way of selling it too with

596
00:27:24,355 --> 00:27:28,763
[casey_]: the with the flies and the racoons
and maybe maybe what we should do so

597
00:27:28,863 --> 00:27:32,088
[casey_]: listen so let me let me let's
let's dissect this a little bit i wonder

598
00:27:32,180 --> 00:27:32,820
[tim_bratz]: yeah

599
00:27:32,388 --> 00:27:34,370
[casey_]: i wonder how much you can buy
rackhoon's for

600
00:27:35,070 --> 00:27:35,090
[tim_bratz]: m

601
00:27:35,231 --> 00:27:36,593
[casey_]: are they cheap you think i don't
know

602
00:27:36,515 --> 00:27:36,635
[tim_bratz]: yeah

603
00:27:36,673 --> 00:27:36,813
[casey_]: maybe

604
00:27:36,696 --> 00:27:36,856
[tim_bratz]: let's

605
00:27:36,913 --> 00:27:37,114
[casey_]: we could

606
00:27:37,057 --> 00:27:37,197
[tim_bratz]: let's

607
00:27:37,154 --> 00:27:37,254
[casey_]: just

608
00:27:37,238 --> 00:27:37,378
[tim_bratz]: make

609
00:27:37,314 --> 00:27:37,394
[casey_]: go

610
00:27:37,418 --> 00:27:37,519
[tim_bratz]: this

611
00:27:37,494 --> 00:27:37,614
[casey_]: get

612
00:27:37,579 --> 00:27:37,599
[tim_bratz]: i

613
00:27:37,674 --> 00:27:37,895
[casey_]: some

614
00:27:37,699 --> 00:27:38,964
[tim_bratz]: bet i bet you can yeah we
could

615
00:27:38,946 --> 00:27:39,266
[casey_]: turn them

616
00:27:39,426 --> 00:27:39,627
[tim_bratz]: rattle

617
00:27:39,426 --> 00:27:39,587
[casey_]: out

618
00:27:39,667 --> 00:27:39,888
[tim_bratz]: them up

619
00:27:40,568 --> 00:27:44,455
[casey_]: and that's and then that's that's gonna
automatically make people want to do the valet

620
00:27:44,506 --> 00:27:44,728
[tim_bratz]: that's

621
00:27:44,535 --> 00:27:44,956
[casey_]: tractor

622
00:27:44,890 --> 00:27:44,970
[tim_bratz]: it

623
00:27:45,176 --> 00:27:48,762
[casey_]: so you know it's it's i guess
a way of forceful thinking i don't know

624
00:27:48,862 --> 00:27:49,103
[casey_]: i'm just

625
00:27:49,024 --> 00:27:49,225
[tim_bratz]: that's

626
00:27:49,143 --> 00:27:49,343
[casey_]: kidding

627
00:27:49,385 --> 00:27:49,486
[tim_bratz]: it

628
00:27:49,443 --> 00:27:50,505
[casey_]: know so if

629
00:27:50,460 --> 00:27:51,120
[tim_bratz]: yeah

630
00:27:50,545 --> 00:27:53,412
[casey_]: you're ready our properties please don't be
on the lookout for racoons because

631
00:27:53,271 --> 00:27:53,372
[tim_bratz]: ah

632
00:27:53,452 --> 00:27:56,280
[casey_]: that's really not the strategy was just
a joke

633
00:27:56,230 --> 00:27:57,617
[tim_bratz]: wink wink wink wink

634
00:27:57,423 --> 00:27:59,227
[casey_]: yet that's right that's

635
00:27:59,220 --> 00:27:59,521
[tim_bratz]: oh

636
00:27:59,347 --> 00:28:07,280
[casey_]: right so all right so so what
does legacy wealth holdings have in store or

637
00:28:07,421 --> 00:28:12,019
[casey_]: what is coming what what we're looking
at in the near future

638
00:28:13,440 --> 00:28:18,709
[tim_bratz]: man and again go back to the
graduating steps of your real estate journey and

639
00:28:19,009 --> 00:28:22,475
[tim_bratz]: we're in a place now where we've
got some in house management we've got some

640
00:28:22,515 --> 00:28:28,894
[tim_bratz]: in house construction we have a great
team an amazing team in place we have

641
00:28:28,934 --> 00:28:33,582
[tim_bratz]: a pretty good brand out there a
lot of deal flow and a lot of

642
00:28:34,103 --> 00:28:39,631
[tim_bratz]: access to capital and you know with
with a changing environment i don't think value

643
00:28:39,812 --> 00:28:43,636
[tim_bratz]: ad deals are really where we're spending
a lot of our time especially most of

644
00:28:43,656 --> 00:28:47,422
[tim_bratz]: the tuff out there is really heavy
value and you're taking like walls that are

645
00:28:47,522 --> 00:28:51,294
[tim_bratz]: that are bare walls and having a
red everything and we just don't want to

646
00:28:51,735 --> 00:28:55,815
[tim_bratz]: do that where we're not willing to
take on that responsibility to that risk any

647
00:28:55,875 --> 00:28:59,176
[tim_bratz]: more so we're buying a lot lot
more stabilized kind of stuff

648
00:28:59,497 --> 00:28:59,661
[casey_]: sure

649
00:28:59,939 --> 00:29:02,085
[tim_bratz]: i think rents are going to grow
pretty substantially as

650
00:29:02,217 --> 00:29:02,658
[casey_]: class a

651
00:29:02,867 --> 00:29:03,008
[tim_bratz]: um

652
00:29:03,179 --> 00:29:04,884
[casey_]: i say stabliestuff for or

653
00:29:05,260 --> 00:29:09,284
[tim_bratz]: i would say yeah not super luxury
but i would say yeah b plus a

654
00:29:09,405 --> 00:29:11,266
[tim_bratz]: minus a class type property

655
00:29:11,718 --> 00:29:12,126
[casey_]: that's cool

656
00:29:12,087 --> 00:29:17,355
[tim_bratz]: probably rents rents from welve hundred to
twenty five hundred dollars a month which is

657
00:29:17,415 --> 00:29:21,301
[tim_bratz]: substantial in most of the markets that
i buy in the southeast in savannah georgia

658
00:29:21,422 --> 00:29:22,003
[tim_bratz]: charles and south

659
00:29:21,996 --> 00:29:22,197
[casey_]: yeah

660
00:29:22,063 --> 00:29:25,769
[tim_bratz]: carolina um those are those are some
of the better properties in town

661
00:29:25,626 --> 00:29:25,868
[casey_]: oh

662
00:29:25,909 --> 00:29:27,576
[tim_bratz]: built in past twenty years or newer

663
00:29:27,606 --> 00:29:27,828
[casey_]: yeah

664
00:29:28,601 --> 00:29:28,983
[tim_bratz]: so we're still

665
00:29:29,004 --> 00:29:29,106
[casey_]: yeah

666
00:29:29,023 --> 00:29:29,907
[tim_bratz]: buying apartment buildings

667
00:29:30,426 --> 00:29:30,446
[casey_]: m

668
00:29:31,090 --> 00:29:35,417
[tim_bratz]: and uh you know buy them with
a little bit longer time horizon in place

669
00:29:35,617 --> 00:29:39,043
[tim_bratz]: like i said i think rents are
going to grow with inflation growing rents

670
00:29:38,886 --> 00:29:38,906
[casey_]: m

671
00:29:39,644 --> 00:29:40,646
[tim_bratz]: typically track inflation

672
00:29:40,425 --> 00:29:40,446
[casey_]: m

673
00:29:40,706 --> 00:29:41,607
[tim_bratz]: better than any other metric

674
00:29:42,006 --> 00:29:42,936
[casey_]: oh

675
00:29:42,268 --> 00:29:42,409
[tim_bratz]: and

676
00:29:42,966 --> 00:29:43,270
[casey_]: yeah

677
00:29:43,410 --> 00:29:46,455
[tim_bratz]: and so i think that's gonna that's
going to keep on rocking and rolling and

678
00:29:46,495 --> 00:29:46,655
[tim_bratz]: then

679
00:29:46,568 --> 00:29:46,712
[casey_]: was

680
00:29:46,855 --> 00:29:49,179
[tim_bratz]: at the same time we're doing a
little bit of like triple net least kind

681
00:29:49,219 --> 00:29:49,520
[tim_bratz]: of stuff

682
00:29:50,168 --> 00:29:50,250
[casey_]: ah

683
00:29:50,301 --> 00:29:55,009
[tim_bratz]: and i have some very unique high
end like air band b short term rentals

684
00:29:55,069 --> 00:29:56,452
[tim_bratz]: like i bought an island

685
00:29:56,377 --> 00:29:56,518
[casey_]: there

686
00:29:56,492 --> 00:29:57,975
[tim_bratz]: we're building out some cabins on it

687
00:29:58,016 --> 00:29:58,736
[casey_]: wait

688
00:29:58,056 --> 00:29:58,436
[tim_bratz]: and just

689
00:29:58,856 --> 00:29:59,457
[casey_]: a damn

690
00:29:59,098 --> 00:29:59,759
[tim_bratz]: home

691
00:29:59,537 --> 00:30:01,239
[casey_]: minute an island what

692
00:30:01,113 --> 00:30:01,294
[tim_bratz]: that's

693
00:30:01,339 --> 00:30:02,740
[casey_]: in the world so no

694
00:30:02,760 --> 00:30:02,983
[tim_bratz]: oh

695
00:30:03,080 --> 00:30:04,622
[casey_]: no no no no no man you
just you

696
00:30:04,650 --> 00:30:04,875
[tim_bratz]: uh

697
00:30:04,702 --> 00:30:05,343
[casey_]: just extended

698
00:30:05,059 --> 00:30:05,490
[tim_bratz]: huh

699
00:30:05,403 --> 00:30:07,525
[casey_]: the podcast by at least thirty minutes

700
00:30:07,290 --> 00:30:09,240
[tim_bratz]: yeah

701
00:30:08,646 --> 00:30:11,355
[casey_]: i'm just kidding but i want at
an island where did

702
00:30:11,333 --> 00:30:11,494
[tim_bratz]: yeah

703
00:30:11,395 --> 00:30:13,822
[casey_]: you buy an island at and how
did you how did you

704
00:30:13,800 --> 00:30:13,920
[tim_bratz]: right

705
00:30:13,883 --> 00:30:14,163
[casey_]: do that

706
00:30:14,101 --> 00:30:16,825
[tim_bratz]: right next to hilton head right next
to hilton head island in between kind of

707
00:30:16,865 --> 00:30:20,611
[tim_bratz]: hilton head and paris island in like
buford south carolina area

708
00:30:20,746 --> 00:30:20,927
[casey_]: yeah

709
00:30:21,313 --> 00:30:26,401
[tim_bratz]: it's an it's an inland island it's
got a hundred ten acres of upland with

710
00:30:27,082 --> 00:30:27,303
[tim_bratz]: about

711
00:30:27,246 --> 00:30:28,335
[casey_]: yeah

712
00:30:27,563 --> 00:30:32,872
[tim_bratz]: three hundred fifty acres of marsh lands
around it so it's very exclusive but it's

713
00:30:32,912 --> 00:30:35,056
[tim_bratz]: very close to the mainland also so

714
00:30:34,998 --> 00:30:35,202
[casey_]: okay

715
00:30:35,136 --> 00:30:38,621
[tim_bratz]: you can be to downtown you know
bufortinten it's you can be at a downtown

716
00:30:38,662 --> 00:30:39,523
[tim_bratz]: hilton bed in twenty

717
00:30:39,397 --> 00:30:39,521
[casey_]: yeah

718
00:30:39,563 --> 00:30:44,251
[tim_bratz]: five thirty minutes and so it's a
cool location but you feel very isolated when

719
00:30:44,271 --> 00:30:47,396
[tim_bratz]: you're out there which is neat and
it's already got a dock it's already got

720
00:30:47,436 --> 00:30:51,303
[tim_bratz]: a house for bed four and a
half balt house built five we totally renovated

721
00:30:51,363 --> 00:30:53,326
[tim_bratz]: that got an old barn generator shed
we

722
00:30:53,399 --> 00:30:53,500
[casey_]: can

723
00:30:53,406 --> 00:30:53,506
[tim_bratz]: just

724
00:30:53,580 --> 00:30:53,641
[casey_]: you

725
00:30:53,627 --> 00:30:53,967
[tim_bratz]: updated

726
00:30:53,701 --> 00:30:54,388
[casey_]: drive to it

727
00:30:54,528 --> 00:30:58,365
[tim_bratz]: oller no so i had to buy
a mainland property that actually cost me twice

728
00:30:58,405 --> 00:31:02,432
[tim_bratz]: as much as what what the island
cost me but now i have access to

729
00:31:02,813 --> 00:31:08,482
[tim_bratz]: a dock and trash and public utilities
some of that kind of stuff but the

730
00:31:08,542 --> 00:31:14,873
[tim_bratz]: island has just updated all the solar
we have well water has septic um it's

731
00:31:14,913 --> 00:31:16,676
[tim_bratz]: a self sustaining island so

732
00:31:16,656 --> 00:31:16,958
[casey_]: yeah

733
00:31:17,117 --> 00:31:21,464
[tim_bratz]: we're gonna put some cabins out there
like two hundred square foot tiny lamping style

734
00:31:21,544 --> 00:31:21,925
[tim_bratz]: cabins

735
00:31:22,422 --> 00:31:23,016
[casey_]: hm

736
00:31:22,566 --> 00:31:26,572
[tim_bratz]: and hosts of events host some retreats
do i don't know i think some some

737
00:31:26,632 --> 00:31:29,197
[tim_bratz]: cool maybe fishing retreats probably do some
cool

738
00:31:29,813 --> 00:31:29,833
[casey_]: m

739
00:31:30,319 --> 00:31:30,539
[tim_bratz]: like

740
00:31:30,666 --> 00:31:31,926
[casey_]: yeah

741
00:31:31,421 --> 00:31:36,129
[tim_bratz]: army military boot camp style stuff like
tactical retreat survival retreats

742
00:31:35,716 --> 00:31:36,998
[casey_]: i mean if you got a hundred
and ten acres

743
00:31:36,840 --> 00:31:37,104
[tim_bratz]: business

744
00:31:37,058 --> 00:31:37,178
[casey_]: man

745
00:31:37,144 --> 00:31:37,388
[tim_bratz]: master

746
00:31:37,238 --> 00:31:37,418
[casey_]: i mean

747
00:31:37,409 --> 00:31:37,591
[tim_bratz]: minds

748
00:31:37,479 --> 00:31:38,821
[casey_]: that's not exactly small

749
00:31:39,641 --> 00:31:39,722
[tim_bratz]: no

750
00:31:39,642 --> 00:31:39,883
[casey_]: i mean

751
00:31:39,803 --> 00:31:39,925
[tim_bratz]: it's

752
00:31:40,043 --> 00:31:40,263
[casey_]: that's

753
00:31:40,047 --> 00:31:42,773
[tim_bratz]: it's a it's almost a mile long

754
00:31:42,996 --> 00:31:43,200
[casey_]: yeah

755
00:31:43,414 --> 00:31:46,139
[tim_bratz]: by about probably half a mile wide
do something along those lines but

756
00:31:46,407 --> 00:31:46,628
[casey_]: oh

757
00:31:47,001 --> 00:31:47,843
[tim_bratz]: a quarter mile wide

758
00:31:48,446 --> 00:31:48,607
[casey_]: that's

759
00:31:48,544 --> 00:31:48,664
[tim_bratz]: and

760
00:31:48,647 --> 00:31:49,007
[casey_]: pretty cool

761
00:31:49,005 --> 00:31:49,165
[tim_bratz]: yeah

762
00:31:49,107 --> 00:31:49,789
[casey_]: now who

763
00:31:50,027 --> 00:31:50,127
[tim_bratz]: it's

764
00:31:50,089 --> 00:31:50,270
[casey_]: who's

765
00:31:50,147 --> 00:31:50,508
[tim_bratz]: a cool little

766
00:31:50,350 --> 00:31:50,490
[casey_]: the

767
00:31:50,528 --> 00:31:50,688
[tim_bratz]: spot

768
00:31:51,091 --> 00:31:54,818
[casey_]: who's the who's the president i mean
like you just

769
00:31:54,780 --> 00:31:54,981
[tim_bratz]: yeah

770
00:31:54,858 --> 00:31:56,962
[casey_]: like you just like supreme ruler

771
00:31:57,591 --> 00:31:58,072
[tim_bratz]: yeah yeah

772
00:31:58,044 --> 00:31:58,165
[casey_]: just

773
00:31:58,132 --> 00:31:59,115
[tim_bratz]: i think so i think

774
00:31:59,106 --> 00:31:59,286
[casey_]: roll

775
00:31:59,155 --> 00:31:59,316
[tim_bratz]: that's

776
00:31:59,306 --> 00:31:59,406
[casey_]: with

777
00:31:59,356 --> 00:31:59,436
[tim_bratz]: how

778
00:31:59,446 --> 00:31:59,506
[casey_]: an

779
00:31:59,516 --> 00:31:59,637
[tim_bratz]: that

780
00:31:59,607 --> 00:31:59,767
[casey_]: iron

781
00:31:59,717 --> 00:32:00,078
[tim_bratz]: works

782
00:31:59,867 --> 00:32:00,448
[casey_]: fist and

783
00:32:00,860 --> 00:32:01,041
[tim_bratz]: yeah

784
00:32:01,630 --> 00:32:02,251
[casey_]: oh my god

785
00:32:02,224 --> 00:32:02,345
[tim_bratz]: it's

786
00:32:02,531 --> 00:32:03,353
[casey_]: an that's that's cool

787
00:32:03,167 --> 00:32:03,287
[tim_bratz]: it's

788
00:32:03,453 --> 00:32:06,578
[casey_]: dude that's awesome that's that's that's that's
probably one of the neatest things i've at

789
00:32:06,598 --> 00:32:09,503
[casey_]: least heard this this week or in
the last month or so but

790
00:32:09,420 --> 00:32:10,030
[tim_bratz]: uh

791
00:32:09,783 --> 00:32:10,344
[casey_]: i mean because

792
00:32:10,519 --> 00:32:10,560
[tim_bratz]: uh

793
00:32:10,745 --> 00:32:15,773
[casey_]: you know the potential there and the
angle that you're taking on it as far

794
00:32:15,834 --> 00:32:20,722
[casey_]: as like like you you mentioned the
word retreat i mean like like that's and

795
00:32:20,782 --> 00:32:24,531
[casey_]: then automatically you want to know the
first person that comes to my mind whenever

796
00:32:24,792 --> 00:32:29,629
[casey_]: whenever i think about an island where
retreats happen richard

797
00:32:29,284 --> 00:32:29,324
[tim_bratz]: h

798
00:32:30,011 --> 00:32:30,453
[casey_]: branson

799
00:32:30,459 --> 00:32:31,205
[tim_bratz]: h branson yeah

800
00:32:31,526 --> 00:32:34,711
[casey_]: i mean like like that's that's you
know everybody is like oh my god richard

801
00:32:34,731 --> 00:32:38,177
[casey_]: branson he's so wealthy he owns his
own island and whatever but no that island

802
00:32:38,257 --> 00:32:40,541
[casey_]: is a source of income because i
don't

803
00:32:40,527 --> 00:32:41,100
[tim_bratz]: hm

804
00:32:40,601 --> 00:32:43,045
[casey_]: even think people people understand what

805
00:32:43,182 --> 00:32:43,710
[tim_bratz]: right

806
00:32:44,166 --> 00:32:48,329
[casey_]: people pay to go down there and
spend a weekend either with richard branson and

807
00:32:48,629 --> 00:32:54,515
[casey_]: or renting something like this what you're
talking about on his island and it's

808
00:32:54,490 --> 00:32:54,590
[tim_bratz]: yeah

809
00:32:54,535 --> 00:32:54,655
[casey_]: just

810
00:32:54,630 --> 00:32:54,690
[tim_bratz]: he

811
00:32:54,715 --> 00:32:54,835
[casey_]: it's

812
00:32:54,730 --> 00:32:57,297
[tim_bratz]: runs it for like a hundred thousand
dollars a night or something crazy

813
00:32:57,206 --> 00:32:57,366
[casey_]: yeah

814
00:32:57,377 --> 00:32:57,597
[tim_bratz]: you know

815
00:32:57,566 --> 00:32:57,887
[casey_]: and it's

816
00:32:57,778 --> 00:32:57,878
[tim_bratz]: so

817
00:32:57,987 --> 00:33:01,453
[casey_]: and then if he's there it's even
like if he's there if he gives a

818
00:33:01,533 --> 00:33:03,817
[casey_]: presentation or anything like that i mean
it's just

819
00:33:03,990 --> 00:33:04,132
[tim_bratz]: oh

820
00:33:04,117 --> 00:33:10,309
[casey_]: it's an absorbitnt amount of money so
so i just to change your last name

821
00:33:10,369 --> 00:33:13,289
[casey_]: to brandon are you just going to
stay i mean i

822
00:33:13,293 --> 00:33:13,413
[tim_bratz]: so

823
00:33:13,350 --> 00:33:14,441
[casey_]: just was curious i didn't know

824
00:33:15,136 --> 00:33:15,296
[tim_bratz]: yeah

825
00:33:15,580 --> 00:33:15,661
[casey_]: in

826
00:33:16,017 --> 00:33:18,201
[tim_bratz]: i actually have the same birthday as
richard branson

827
00:33:18,606 --> 00:33:18,950
[casey_]: well that's

828
00:33:18,822 --> 00:33:18,962
[tim_bratz]: and

829
00:33:19,010 --> 00:33:19,314
[casey_]: cool that's

830
00:33:19,363 --> 00:33:19,483
[tim_bratz]: like

831
00:33:19,374 --> 00:33:19,738
[casey_]: definitely

832
00:33:19,543 --> 00:33:19,843
[tim_bratz]: i'm not

833
00:33:19,778 --> 00:33:19,940
[casey_]: good

834
00:33:20,044 --> 00:33:23,029
[tim_bratz]: i'm not one to kind of like
go to to to with richard brandon but

835
00:33:23,069 --> 00:33:23,169
[tim_bratz]: my

836
00:33:23,163 --> 00:33:23,284
[casey_]: no

837
00:33:23,289 --> 00:33:26,255
[tim_bratz]: eye it's like three times the size
of his so i'm just i'm not saying

838
00:33:26,295 --> 00:33:27,838
[tim_bratz]: anything but i'm kind of saying something

839
00:33:28,568 --> 00:33:29,009
[casey_]: i got it

840
00:33:28,971 --> 00:33:29,151
[tim_bratz]: uh

841
00:33:29,070 --> 00:33:29,330
[casey_]: man

842
00:33:29,291 --> 00:33:29,913
[tim_bratz]: no i got

843
00:33:29,892 --> 00:33:30,073
[casey_]: let's

844
00:33:29,953 --> 00:33:32,037
[tim_bratz]: a ton of respect man he's one
of my favorite entrepreneurs out there

845
00:33:31,946 --> 00:33:32,749
[casey_]: absolutely

846
00:33:32,278 --> 00:33:32,358
[tim_bratz]: and

847
00:33:33,230 --> 00:33:33,832
[casey_]: hunter percent

848
00:33:33,740 --> 00:33:33,980
[tim_bratz]: don't know

849
00:33:33,993 --> 00:33:34,193
[casey_]: i mean

850
00:33:34,161 --> 00:33:37,626
[tim_bratz]: and what i love about him is
he figures out ways to develop life style

851
00:33:38,067 --> 00:33:39,189
[tim_bratz]: into businesses you

852
00:33:39,196 --> 00:33:39,358
[casey_]: yeah

853
00:33:39,229 --> 00:33:39,810
[tim_bratz]: know like that's

854
00:33:39,865 --> 00:33:40,027
[casey_]: yeah

855
00:33:39,990 --> 00:33:40,952
[tim_bratz]: that's his like

856
00:33:40,926 --> 00:33:41,108
[casey_]: ye

857
00:33:41,152 --> 00:33:44,358
[tim_bratz]: i respect the ship out of that
because he's like hey i want to do

858
00:33:44,438 --> 00:33:48,124
[tim_bratz]: this well create a business in order
to pay for that so i don't have

859
00:33:48,144 --> 00:33:50,107
[tim_bratz]: to come out of my own pocket
he's great

860
00:33:49,929 --> 00:33:50,070
[casey_]: yep

861
00:33:50,167 --> 00:33:53,293
[tim_bratz]: at taking liabilities and turning them into
assets

862
00:33:53,676 --> 00:33:54,576
[casey_]: yeah

863
00:33:53,813 --> 00:33:55,897
[tim_bratz]: and i think having that resourcefulness

864
00:33:55,296 --> 00:33:55,618
[casey_]: yes

865
00:33:56,538 --> 00:34:01,927
[tim_bratz]: is is the epitome making you an
entrepreneur if you can look at something and

866
00:34:01,987 --> 00:34:05,272
[tim_bratz]: say how can i make it better
how can i make it money how can

867
00:34:05,333 --> 00:34:09,961
[tim_bratz]: i make it generate revenue where people
want to pay for this asset paid for

868
00:34:09,981 --> 00:34:13,488
[tim_bratz]: this experience um dude that's the entrepreneurial
spirit at its best

869
00:34:13,786 --> 00:34:20,377
[casey_]: yeah yeah i mean he's just s
he's got an epic mind and you know

870
00:34:20,937 --> 00:34:28,052
[casey_]: the way he portrays himself and the
like when he has a vision like when

871
00:34:28,112 --> 00:34:32,303
[casey_]: he's looking and he's looking out like
elan he's looking out fifty years from now

872
00:34:32,404 --> 00:34:34,588
[casey_]: not even next month or whatever you
know

873
00:34:35,053 --> 00:34:35,640
[tim_bratz]: hm

874
00:34:35,089 --> 00:34:38,895
[casey_]: and so anyway his vision and then
he then he like you said he creates

875
00:34:38,935 --> 00:34:43,944
[casey_]: a brand around that vision and it's
all created around virgin the virgin brand and

876
00:34:43,984 --> 00:34:45,085
[casey_]: then it's got al

877
00:34:44,853 --> 00:34:45,420
[tim_bratz]: hm

878
00:34:45,166 --> 00:34:48,649
[casey_]: all this other stuff and it just
kind of spire rolls out and so anyhow

879
00:34:48,769 --> 00:34:53,032
[casey_]: but all right well listen we're running
out of time so tim real quick what

880
00:34:53,092 --> 00:34:55,775
[casey_]: is the best book that you've recently
read or are currently reading

881
00:34:57,741 --> 00:35:01,848
[tim_bratz]: oh man um good buddy of mine
named mark evans wrote a book called the

882
00:35:01,868 --> 00:35:05,674
[tim_bratz]: magician versus the mule and it's it's
really good s how to get out of

883
00:35:05,975 --> 00:35:08,700
[tim_bratz]: the day to day grindum

884
00:35:08,706 --> 00:35:08,909
[casey_]: oh

885
00:35:08,760 --> 00:35:11,063
[tim_bratz]: we've all get started as an entrepreneur

886
00:35:11,646 --> 00:35:11,974
[casey_]: yeah

887
00:35:11,684 --> 00:35:15,451
[tim_bratz]: and you're doing everything right and you're
mulling the activities how do you get to

888
00:35:15,531 --> 00:35:19,157
[tim_bratz]: a point where you have a team
where you have systems you have processes and

889
00:35:19,217 --> 00:35:22,147
[tim_bratz]: it looks like you're an overnight success
you got the life style but you still

890
00:35:22,187 --> 00:35:24,136
[tim_bratz]: have this big business and you're making
more money than ever

891
00:35:24,966 --> 00:35:25,596
[casey_]: yeah

892
00:35:25,040 --> 00:35:29,437
[tim_bratz]: what does that look like and that's
a really really great powerful book magician versus

893
00:35:29,517 --> 00:35:29,718
[tim_bratz]: mule

894
00:35:31,607 --> 00:35:34,615
[casey_]: awesome an i had never heard of
that one that's definitely a new one on

895
00:35:34,695 --> 00:35:38,043
[casey_]: us so al right what is a
dream vacation that you have either taken or

896
00:35:38,143 --> 00:35:38,684
[casey_]: hoped to take

897
00:35:40,120 --> 00:35:43,806
[tim_bratz]: dude i just i just took an
awesome vacation so my little guy you know

898
00:35:43,846 --> 00:35:47,332
[tim_bratz]: this is cool for parents was never
on my bucket list but my little guy

899
00:35:47,472 --> 00:35:52,360
[tim_bratz]: who was four years old just turned
five um is obsessed with a source and

900
00:35:52,460 --> 00:35:56,445
[tim_bratz]: so we decided to take them out
to colorado and utah this past

901
00:35:56,316 --> 00:35:56,437
[casey_]: yep

902
00:35:56,505 --> 00:35:57,446
[tim_bratz]: summer just

903
00:35:57,456 --> 00:35:57,577
[casey_]: i've

904
00:35:57,486 --> 00:35:57,627
[tim_bratz]: couple

905
00:35:57,597 --> 00:35:57,737
[casey_]: been

906
00:35:57,647 --> 00:35:57,827
[tim_bratz]: of months

907
00:35:57,757 --> 00:35:57,877
[casey_]: there

908
00:35:57,867 --> 00:35:58,007
[tim_bratz]: ago

909
00:35:57,917 --> 00:35:58,078
[casey_]: what's

910
00:35:58,087 --> 00:35:58,147
[tim_bratz]: and

911
00:35:58,118 --> 00:35:58,198
[casey_]: that

912
00:35:58,187 --> 00:35:58,267
[tim_bratz]: we

913
00:35:58,238 --> 00:35:58,418
[casey_]: little

914
00:35:58,307 --> 00:35:58,488
[tim_bratz]: went on

915
00:35:58,458 --> 00:35:58,639
[casey_]: town

916
00:35:58,528 --> 00:35:59,449
[tim_bratz]: this dinastortrail

917
00:35:58,699 --> 00:36:00,643
[casey_]: called what's the little

918
00:36:00,500 --> 00:36:00,681
[tim_bratz]: there's

919
00:36:00,683 --> 00:36:00,884
[casey_]: town

920
00:36:00,741 --> 00:36:01,183
[tim_bratz]: dinasor

921
00:36:00,944 --> 00:36:01,204
[casey_]: called

922
00:36:01,605 --> 00:36:03,995
[tim_bratz]: it's like dynasortowen or something like that
like it's

923
00:36:04,026 --> 00:36:07,699
[casey_]: it's in utah and there's there's a
town that

924
00:36:08,250 --> 00:36:10,712
[tim_bratz]: there's dinas national monument there's um

925
00:36:10,606 --> 00:36:10,869
[casey_]: yes

926
00:36:11,713 --> 00:36:16,239
[tim_bratz]: we had all these different museums all
around colorado and grand junction in um

927
00:36:16,207 --> 00:36:16,248
[casey_]: hm

928
00:36:17,310 --> 00:36:20,275
[tim_bratz]: i think it's i think it's called
dynasorland or dynasorville or something

929
00:36:20,286 --> 00:36:21,066
[casey_]: yes

930
00:36:20,315 --> 00:36:25,403
[tim_bratz]: like that dynasore utah um we went
to dnastornational monument like there's this amazing

931
00:36:24,969 --> 00:36:27,559
[casey_]: m m yes

932
00:36:27,126 --> 00:36:33,657
[tim_bratz]: just piece of granite the size of
it school and with eight hundred different

933
00:36:33,546 --> 00:36:33,727
[casey_]: oh

934
00:36:35,199 --> 00:36:37,443
[tim_bratz]: fossils in it and stuff they built

935
00:36:37,308 --> 00:36:37,490
[casey_]: and

936
00:36:37,543 --> 00:36:40,408
[tim_bratz]: like a and clive around it where
you can go in and you can actually

937
00:36:40,468 --> 00:36:42,273
[tim_bratz]: touch the fossils really really neat so

938
00:36:42,658 --> 00:36:42,822
[casey_]: yeah

939
00:36:42,795 --> 00:36:47,811
[tim_bratz]: it was cool to kind of see
something that your kids really really like into

940
00:36:48,031 --> 00:36:51,878
[tim_bratz]: and then being able to feed that
that inspiration with even more

941
00:36:51,867 --> 00:36:52,052
[casey_]: sure

942
00:36:51,918 --> 00:36:55,304
[tim_bratz]: and now he's like he's a savant
man he can name a hundred different dynasours

943
00:36:55,364 --> 00:36:57,427
[tim_bratz]: which continent there from and what they

944
00:36:57,386 --> 00:36:57,528
[casey_]: yeah

945
00:36:57,567 --> 00:37:00,016
[tim_bratz]: eat and all this other stuff so
it's real that was a fun one

946
00:37:00,666 --> 00:37:03,871
[casey_]: that's awesome good man that's always great
when you can include the kids in those

947
00:37:03,931 --> 00:37:05,474
[casey_]: dream trips because that's

948
00:37:05,333 --> 00:37:05,880
[tim_bratz]: hm

949
00:37:05,674 --> 00:37:09,641
[casey_]: a lot of us i think we
lose sight sometimes of and i know as

950
00:37:09,721 --> 00:37:15,250
[casey_]: your entreprenorial journey goes on there betimes
when you have a ton of time for

951
00:37:15,290 --> 00:37:18,515
[casey_]: the kids and then sometimes it seems
to get squashed down and we really should

952
00:37:18,487 --> 00:37:19,020
[tim_bratz]: hm

953
00:37:18,595 --> 00:37:21,340
[casey_]: always have plenty of time for him
so because we brought him here we ought

954
00:37:21,380 --> 00:37:24,345
[casey_]: to teach them and show them so
awesome

955
00:37:24,211 --> 00:37:24,517
[tim_bratz]: for sure

956
00:37:24,525 --> 00:37:27,410
[casey_]: now if the listeners heard something that
resonated with them and they want to reach

957
00:37:27,470 --> 00:37:30,676
[casey_]: out with you reach out to you
rather and get in touch or talk to

958
00:37:30,696 --> 00:37:35,163
[casey_]: you more about any of the stuff
you've got going on maybe even camping out

959
00:37:35,203 --> 00:37:38,317
[casey_]: on your island or whatever what is
the best way for them to do that

960
00:37:39,430 --> 00:37:44,979
[tim_bratz]: a social media hit me up on
facebook or instagram at tim brats on instagram

961
00:37:45,179 --> 00:37:50,629
[tim_bratz]: or forward slash t l brats um
on facebook and yeah just hit me up

962
00:37:50,669 --> 00:37:55,116
[tim_bratz]: there shoot me a message shot me
a friend request and say hello if there's

963
00:37:55,156 --> 00:37:57,660
[tim_bratz]: any resource that i can share i'd
be happy to point you guys in the

964
00:37:57,680 --> 00:38:02,809
[tim_bratz]: right direction and offer some insight and
offer some advice based on your situation so

965
00:38:03,430 --> 00:38:04,193
[tim_bratz]: yeah casey i appreciate

966
00:38:03,957 --> 00:38:04,121
[casey_]: cool

967
00:38:04,213 --> 00:38:05,398
[tim_bratz]: your having me man this is awesome

968
00:38:05,766 --> 00:38:09,111
[casey_]: absolutely man though no problem at all
we're glad you could you could take the

969
00:38:09,131 --> 00:38:12,978
[casey_]: time to be with us and again
thank you so much for that and listeners

970
00:38:13,338 --> 00:38:16,303
[casey_]: as always thank you for taking the
time to listen to the cash flow pro

971
00:38:16,443 --> 00:38:21,352
[casey_]: podcast done forget the head down and
leave us a five star review nothing less

972
00:38:21,392 --> 00:38:25,378
[casey_]: than five star review please and also
type of review so that others may know

973
00:38:25,639 --> 00:38:30,948
[casey_]: what you like about the cash fopropodcast
and why you're there make sure you hit

974
00:38:30,988 --> 00:38:35,856
[casey_]: that subscribe button smash that subscribed button
because that is going to be your link

975
00:38:36,056 --> 00:38:41,085
[casey_]: that's how you get notified of new
episodes and new content that we release and

976
00:38:41,145 --> 00:38:45,551
[casey_]: again thank you so much and listeners
again i can't thank you enough for spending

977
00:38:45,571 --> 00:38:48,195
[casey_]: the time with us today hope everybody
has a wonderful rest of the day

Tim Bratz Profile Photo

Tim Bratz

Legacy Wealth Holdings