YOUR DAILY REAL ESTATE INVESTMENT SHOW
April 12, 2022

How The World Looked After Surviving One of The Worst Financial Disasters of All Time with Van Sturgeon

In this episode, I talk with Van Sturgeon. Van has over 30 years of investing experience and personally owns over 1,200 properties across The United States. Throughout his career, he's renovated thousands of homes and commercial properties, written...


In this episode, I talk with Van Sturgeon.
Van has over 30 years of investing experience and personally owns over 1,200 properties across The United States. Throughout his career, he's renovated thousands of homes and commercial properties, written several books, and published in a wide variety of media outlets. 

Van talks with us about becoming a landlord at a young age after his parents bought an apartment building and the life lessons he learned helping his parents as they did everything they could soldier on through a changing economy.

He shares how he takes a holistic approach to real estate and what he has learned from being in the market for over 30 years.

Learn how to overcome any obstacles and not let the fear of failure keep you from success.

You don't want to miss this episode with Van Sturgeon!

Transcript

Casey Brown  0:06  
Hey there, and welcome to the cash flow pro podcast and channel. I am here today with Van sturgeon and van has recently told me he is in the Toronto area. So he is looking at possibly some warmer weather at some point in the near future. So how are you today? Sir?

Unknown Speaker  0:28  
I am doing really well Casey, I've been looking forward to this to this interview for a while now we have to do a little bit of rescheduling mumbo jumbo but we're finally get an opportunity to talk. So great stuff. I'm a fan of yours. So I'm looking forward to it.

Casey Brown  0:43  
Awesome, man, we're so glad to have you here. And from speaking for all of the listeners, we're glad to hear you're we're looking forward to hearing your story, where you've been how you got to where you are today. And anything that may be a value to the listeners that might help them just whether it's a little a little bump they're trying to get over or whether it's a mountain they're trying to climb, we want to give them with something that might be able to help them. So why don't you start by just kind of telling us I'm gonna turn the mic over to you. And I want you to just kind of tell us where you got started. Maybe a little bit of backstory about you know, things maybe you you took in as you were a kid or whatever that kind of got you into the real estate game. And I think specifically the value add stuff is something that really gets flipped over a lot of misinformation and a lot of things that people want to learn about. So go ahead, man, tell us where you been where you going?

Unknown Speaker  1:35  
Sure. And I appreciate you guys having me on? Well, I'm a I'm a product of the 60s, a bunch of years older than you and probably a lot of folks out there listening to this podcast and born and raised in Chicago for two immigrant parents and, and as Oliver Kreher parents who want the they want the best they are living the American dream. Ultimately, they wanted to, they were receiving up their monies to be able to go run out and buy their first dream home. And we're living in a one bedroom apartment, the four of us along with my little brother in Chicago on the north side. And as they're working in hotels off, my parents saw the saving of money they they discovered that the apartment building, they were staying and had actually gone up for sale. So instead of actually transitioning to looking for their dream home, they went into becoming landlords, they scared the friends family, they got put the additional down payment down and they went out any purchases apartment building. And this happened in the late 70s 77. I think it was 78 Somewhere in that range. So they bought the building, and it was fully occupied. Everything was wonderful. And all of a sudden pretty quickly dramatically circled. We're going through right now. The economy started to change. And being through that period of time I you can see how quickly it moved. Interest rates started to skyrocket. The economy was starting to get very sluggish get bad unemployment rate was up around 10 12%. The red hostile situation was going on at that time. There was a real malaise in the in the economy. And just because it was palatable, it was a miserable time. And that's where you started to see this mass migration of folks out of the city going out in the suburbs as you know, the crime and prostitution drugs Hawkeye started to move in. And literally the the neighborhood that we're living in was a nice neighborhood. It was at the basket was the worst was just an average neighborhood Chicago, and I started to go started starting to fall on hard times.

Casey Brown  3:40  
And what year what year is this?

Unknown Speaker  3:43  
This is sorry? Is this really got a rolling around 7980.

Casey Brown  3:47  
Okay. I wanted to be here. I want to make sure.

Unknown Speaker  3:51  
Yeah, no stress around the time where Jimmy Carter and Ronald Reagan's did that transition over I think it was in 8081 was when Reagan stepped in. It was just a really miserable time. And to the point where landlords like, like my parents, you know, there were up and down the street. There's some folks that just couldn't hold on and literally were torching their buildings to collect insurance money. So walk you through by neighborhood, it was wonderful as an average class kind of neighborhood, you started to see, you know, building burned out their building burned out there, because there was just it was just a desperate time. It was a really, even to this day, the neighborhoods you could walk through you can see some of the scarring on the brick from you know, when they were torched. Like literally the bills were set up, set off. So in this environment by my family, we didn't have a rich uncle to call upon and we thought we had to do is we had to do everything that possible to do to maintain this investment. So we literally did everything for cleaning toilets, painting, walls, roof, work, windows, plumbing, electrical, you name it. We did our ourselves. And it was sometimes trial by error, sometimes whatever it was we, we did everything we could, we didn't go on vacations, we do any of that. Yeah. And so we're able to hold on to the investment. It turned out to be a great, it was great. We were able to get through. And it was it was the best thing that my parents could have done. And ultimately, we got through that period, I went off to university graduated, had had aspirations of being an attorney. But I broke the bad news by parents, I just, I couldn't see I couldn't be that guy that cadpage should be wasn't that guy. So I broke, you know, like every parent's dream is to see their kid dressed up in a three piece suit and alligator shoes. And I wasn't, I wasn't that guy. So ultimately, I broke the bad news. I told them, I want to get into being a general contractor. I loved the whole idea of renovation, stuff like that. Late 80s, I started running around Chicago, in creating relationships on the hustle, doing a job here, they're there, and started to grow my business. And as I go along, I started to run into the same cats, the same real estate investors who are buying property, flipping them buying property, hold on to them. And it really exposed me to something that I hadn't really been involved in. And that's what I started to dissect I started in 1991 was my first flip where I've dipped my toe in and got off that proverbial fence. And I bought my first property.

Unknown Speaker  6:28  
And, Casey, let me tell you, it was a real eye opener, because that bought it for 40 some odd 1000 spent about the 15 $17,000 or renovations. Anyways, because long story short, about five months, I was able to make around $30,000 in profit from it, man. And I think he perspective back then, like lawyers, and probably people like that were making, you know, it was a yearly salary for folks back that in 1991 30 $30,000 a lot of money. Yeah, it really opened my eyes to the opportunities of real estate. And it got me hooked. So as I was growing my jaw contracting business, it was cash flowing, I was pushing it into real estate investing and, and doing the flips and eventually into a portfolio started to buy and hold. And I got to a point where I was around 100 some odd doors. And then I created a property management company because it it didn't make sense for me to hire a third party I heard and on my own. And as I was doing that on my own, and these relationships that I had with other real estate investors would come knock on my door and say, well, here you can manage my property, you know, my portfolio as well. So I never played that idea this out, Casey, it just is very, very blessed. I'm very, so thankful that I have where I have how life has led me, because there have been obviously through everyone's life, there's been low times and difficult times. But overall, I've been very blessed. And over 30 years now I've gotten to the point where I own over $1,200 Right now spread across four, four states. Four Areas. Yeah, and I'm semi retired right now I've got some great people that are that are in my, in my in my organization through partners or employees, I look after my affairs and right now I'm just I'm just enjoying life and I'm 56 years old. So I you know, go do what I did over 30 years, took state a lot of the taking a lot out of me and I just you know literally done 1000s of renovations and flips and stuff like that for my partner's single family to multifamily. So, right I spend my time getting out to podcasts like this writing a lot of contents and doing events, seminars, where my focus is really helping real estate investors, whether single family or multifamily, really figure out that renovation components, you know, the value add component associated, because we're all in the business for real estate investors. We're all in the business of trying to find that ugly duckling that diamond in the rough, right. And so we're not we don't want to pay top dollar, but we want to pay we want to give discount but in exchange for a discount often that property's maligned or some issues associated with it. And so when we acquire that property, just as much as it's important to find that great deal. It's just as important to have that value, add renovation component, figure it out and be successful at it because I've seen I'm sure you can vouch for it. You've seen I've seen so many great deals go down the tubes where you don't know what you're doing you over renovate or you hire the wrong contractor. The contractor disappears and it's just you know, the project was supposed to take two months takes take six and you're very reliant on hard money lenders, and a couple of $1,000 a month all of a sudden you're all the profit went out the window. That's there is a system and a process that I've developed over the years of doing this. So many times that I'm out there helping people showing them what it is. And I take a holistic approach to dealing with folks. But really specifically, the that renovation value add is really something that a lot of people don't like talking about. That's really the reason why I got involved in this thing talking is because a lot of people dramatize the whole you're raising money and doing a syndication and, and also easy to just buy, you know, the Hollywood's romanticize this whole thing about thing, you know, buy it and you just, you know, 30 minutes later you made $30,000 or $10,000? Well,

Casey Brown  10:35  
none of that process is ever defined. And like you said, your holistic approach. So real quick, I want to use you said, I think you've mentioned the term semi retired a couple of different times. And I know, as a fellow, I guess you might call a serial entrepreneur, whatever the case is. Do you ever do you ever see that that word semi leaving your life? Do you ever see or do you foresee there ever being a time when you're fully retired, I know, this may be for the end of the discussion, but I want to hear what she you know, if you think that this is like, because to me, once you're bitten by this bug of whether it be investing or whether it be real estate, you know, just the vision of seeing something, start from nothing and build into something. It just it almost becomes intoxicating, really.

Unknown Speaker  11:25  
You're I love the questions. It's such a great, great question. I three years ago, three years or so ago, right before this pandemic, I had a health scare. And that's where everything grinded to a halt. And I and it made me forced me to look at what I was doing to myself physically, mentally, emotionally, not only to myself, but also my family. Because I was the kind of cat that would wake up at five o'clock, four o'clock in the morning was out of the house. And I wouldn't be back until you know, seven or eight o'clock at night. Miss Miss birthdays missed. Weddings you I even got to the point Casey looking back, I couldn't believe I cannot know how my wife's put up with it. I bought a building. When I got married, I had purchased an apartment building and I forego my honeymoon because the closing day was couple of days after my I just happened to be like that, that I forego my honeymoon and push out a year later to go on my honeymoon because I just had bought an apartment building. That's how screwed up I was.

Casey Brown  12:26  
I bet she was excited about.

Unknown Speaker  12:27  
Well, I'm telling you, she God bless her. So you know, I put my family through through a lot. And as a result, I decided okay, I gotta change things up. So I did what I did. And as I mentioned, I got some great employees, I got some great partners, I've got a number of businesses that are on the go right now. And I just got retired. But the problem was, I was struggling because I am the kind of guy that needs to do something. Yep. And so I was whittling away doing nothing. And it was really irritating. I was getting depressed. And all of a sudden, about two months, two years ago or so something like that. I got a phone call out of the blue. It says hey, you know what? Friends of ours that were looking to renovate their their house and you're struggling and they knew, you know, as I had done through, you know, over the 30 years of this, people come to me said, Hey, can you help me out with this and help me out with that. And I built houses, I built subdivisions. And so I know a lot. So I went on to help these folks. And and I really enjoyed the interaction and the help and I and they got what they wanted. They're able to save money, and then empowered them. And so enjoy the process. And then all of a sudden, a couple of weeks later after that, I was talking to a real estate investor friend of mine who happens to be a coach. I told him what the experience I had. And he's like, Well, you should be surprised at how many people need your type of help. Because it's all his books are out there talking about this than the other but nobody really wants to talk about this this side of the business. And you'd be great at it. And so that's where it really started this day. So to answer your question, I have found my passion. I'm on a mission right now to create 1 million real estate investors by 20 31 million millionaires out of real estate investing by 2030 That's my mission in life and I'm going to do everything that I can to get out there to preach a good word to be able to show to it real estate you know, Casey, we just got to get the word out that real estate is the fast track the only track as far as I'm concerned that you can you can take you to the promised land where you create financial freedom and generational wealth for not only yourself but for your for your for your family, you got

Casey Brown  14:34  
to make the return reinvest the return then reinvest that return and reinvest that return and that that snowball grows and once it gets big enough then it really starts to grow fast.

Unknown Speaker  14:44  
Absolutely. It's power the leverage ability to leverage the power of real estate is is fantastic and yeah.

Casey Brown  14:52  
Now No, I had to get the I had to get the semi retired question out of the way because that was just that was really just the top of my mind because I I always wonder, what what life will look like for a lot of us when we get to that point. And so, but I want to now I want to kind of pull back a little bit and go back to because the way you described the, the the burned out buildings and the stuff in Chicago, and I think a lot of people, you know, for our community, it was it was there was that same time period wasn't necessarily burned out apartment buildings, but it was it was abandoned farms or farmland, you know, being being that everybody was in the same boat, I guess, if you will, I don't think there was just anybody I've ever talked to who were like man, other than myself, because I was born in 1981. But other than me and my fellow at winners, I don't know that there's a lot of people that are like, Man, that was the best year ever, that was just such an awesome, you know, I just released that that little time period. So but at the same time, there is there is the same could possibly be said for like, oh 70809, where, you know, we remember down in the military community close to where I live, you would have 10 houses, you had eight in foreclosure one occupied and one homeowner that was actually living there, and you had grass, four foot tall. And so a lot of those times have repeated themselves, not maybe not necessarily in that quite a dramatic fashion of burning out buildings. But the thing is, is that that a lot of people, the people who have made money during or after that are the people that were had vision to say, like you said, your parents were like, Hey, we're not, we're not giving up on this. And that that fortitude, and the the, the ability to just kind of no matter how big the thorns got, keep pulling yourself up. I mean, man, that's, that's unreal. And that's such a, such a dramatic part of your story. So much so that I felt like, you know, a lot of people will get to a point where they think, Man, I can't get up over this little little hump, when in fact, that's all it is, is a little hump and they just, they can't see but man, that's such a unbelievable spot to be in and then witness it firsthand. Basically your parents saying no, this is we're not those people were we forward forward. I mean, it had to be a heck of a life lesson.

Unknown Speaker  17:23  
Absolutely. And in the face of, like, there, it's a roller coaster. And it's a long period of time, it wasn't a two month, six month period, and all of a sudden there you can start to see the light at the end of the tunnel. There's a protracted period of time. And I'm remember walking through the through our building and we had 4050 60% vacancy, it was a rough time, I stood in line for cheese and artificial milk because the times are not they're not pleasant. And it really it was a difficult time but nevertheless, we had to do what we had to do and we were in it to survive and thankfully we're able to get through it. And it you know, those are types of experiences that give you the that that shaped my life positively or negatively shape your life and so I have viable eye for better for worse, like I the reason why I was able to be successful in business was I have tenacious I'm willing to do whatever it takes to get to the promised land. And also but at the same time it's not good Casey because it gave me a my I was battling I to this day I battle with this the mindset of having to do everything myself. Yeah. being frugal, being careful. That's something that I will never be able to even though I got lots of money and and all that stuff. I it's a very difficult mindset to try to get away from and it took me actual coaching mentorship that I have paid for that. That because there was a period of time where I I was sleeping on job sites. Good. Oh, yeah. Because I I couldn't afford it or I couldn't do it. The guy lied to me was mostly show up. It didn't show up. Contractors supposed to calm them kitchen guy, the owner didn't show up on time. You know, these types of things. I remember sleeping once I was sleeping on job sites, and they got to the point where I almost had a nervous breakdown. And that's what I saw. I seeked out there's a real estate mentor, the CO of person who had a beautiful portfolio, older gentlemen, I reached out to him and I paid them a lot of money. But he took me under his wing and walked me through the process and he got me to understand systems and processes that need to be implemented in my life. And I learned difficultly as difficult as it was I'd learned that 80% is good enough if you can't get to 100%

Casey Brown  19:53  
Yep, there you go. Because getting to 100% That's the 100% is what costs you your health and your wellness and You're you're meant your mental health and everything else and, and that a man That's unreal, that's, that's that's just again that that that age group and hearing those those stories about those times and the and again yeah, like you said the cheese and the milk lines and I mean it's just something that my generation will never, I guess will understand it to a certain degree, but we'll never have appreciation for it like you all did. And, you know, you hear stories about the government basically just just begging these people to farm. Again, the farmlands around here, just begging them just giving them the farm or saying hey, here it is, take it, please take it. So we've got to have somebody produce some food, we've got to keep this erosion from taking place, and, and so on. And so I just Just unbelievable time period. So let's let's step forward into this a little bit into so we've heard about your parents, the apartment building and kind of where you got your work ethic from and where you got your, your, the Bank of your knowledge, at least at least that the base of that from and that it was from your childhood, and going through that now, when you step into your your first very own personal real estate deal. I'm assuming you remember your very first deal, right? Sure. Okay. And were tell us I want to hear about it. I mean, I want to I want to know, the very first deal. And then one of the big things that I asked on on this show is his fears because, you know, again, a lot of times success is muffled by, by fear. I mean, it really is I mean, and that's that's a whether somebody's scared of getting run over crossing the street to get what they want or scared of somebody, somebody's scared of going broke, because they did whatever, but, but a lot of that success is muffled by fear. So I'd like to hear about your first experience. And if you can, if you can really dial down on maybe some of the fears that you had for yourself, obviously, maybe a young family or something like that. So what was that experience like?

Unknown Speaker  22:05  
Well, at the time, I didn't have a family, it was in 1991. I was into it approximately four years of you know, the growing pains of developing a successful business. It was It wasn't easy. But I was developing a business I started to see consistency in and then I was creating relationships along the way. And that was the it was a real estate agents who had this pocket listing of a property that as I was talking to them, they said, Hey, there's this opportunity. It was all beat up. And would you like it? Would you want it so I was able to make a deal for that property. At the time I had, I was able to purchase I'm sorry, I had money set aside to do it. But also at the same time I had to borrow money in order to be able to finish the thing. And being in it being the first one there was a lot of fear apprehension, because it wasn't my money that I was putting up for this portion it was mine but which if I lost it, I would painful but you know, it's my money and I would have worked harder to but if you're borrowing somebody else's money, it's it's it's not fun. It's not cool. Like that's one of the things with with, you know, when you're borrowing money from investors when the syndication side I find is that there's always that there's a different level of responsibility when you have somebody yet you're looking at them and straightening the eye and saying trust me, I'm going to I can do something with your money and we're going to create this and we're going to do this and here the goals are projections. Yep. And there's something holy about that. And then you can't i You got to be you got to make sure that you hit all those targets or projections that that you set out. So anyway, so I bought this property late and that this was an off market deal. And because of B being in the business, I was able to get that renovation it was a very light renovation I think it would cost me at the time $17,000 Which maybe might have been a chunk of change back then looking back on it not so but I spent that over a course I think it took me about 3060 days to take care of and then ultimately I put it up for sale and I sold it for I bought it for 47 and I sold it for 93 or four something like that and then with all the with all the was all the expenses this that the other ultimately came in some around that $30,000 mark was what I was able to profit from what

Casey Brown  24:39  
what year now town but tell us what year that was in 1991. And you know now $30,000 Is not massive money and 91 but it's definitely nothing to I mean, you know you that's probably higher, that one deal was probably higher than the average. I gotta think probably higher than the average salary just in general areas, you know, I mean,

Unknown Speaker  25:01  
oh, absolutely, I would even venture to say that I, at that time, probably Laura's average lawyer was making that kind of money for a whole year, because he will pump that out over, you know, obviously, there's risk involved and stuff like that. But he was able to generate that in five months. And that was pretty spectacular. It opened my eyes to the opportunities of real estate investing and flipping and all that kind of stuff again, do and, and then that that spurred me not to bore but again, there was a fear because there was a fear associated with making doing that first transaction, because there's a lot at stakes, all this money that I saved up over a period of time was being put in this property. And on top of that, I was borrowing money as well. Yeah. Which was pretty handy for for a guy that had never done it before.

Casey Brown  25:52  
Yeah, yeah. So so yeah. So I mean, those those fears that are associated with that, I mean, that I think, I think those are somewhat, you know, the big term is evergreen, I guess if you wouldn't like an evergreen webinars on them. But those those fears, just, I think those fears are still evergreen today for a lot of people that are in that same spot, and, and where you know, where you might have been where you're talking 47,000? We probably talked in 470,000. Nowadays for for smaller type of investment, or more of a minor, I guess, investment, if you will. But so so when you stepped into that, and you You made this 30 grand Did you? Do you recall exactly, maybe did you turn around and reinvest that 30 that you made? And obviously, maybe in a down payment on something else? Or what? How did that look,

Unknown Speaker  26:43  
I took a bit of a break at the time, just sort of analyze what I went on. And then I dove in and I bought another I bought another one that I flipped and and then I got into doing this like as a serial, like, just one after another. Yeah. And then yeah, and it just, it's amazing. Once you get out of your comfort zone, and you also boss like you look at real estate investors that want to be there, there's their lineup sitting on that proverbial fence, and then only the two of them will jump off and actually engage and take risk it and you know, get out, get over, overcome their fear. And the aid will stay there humming and hawing and a year later you go back, those eight will still be there on the fence. So I got I got over my comfort got out of my comfort zone face by fears overcoming and once you were able to crack your nut on that first one, then it became pretty easy. The numbers didn't lie, it was just a matter of replicating and doing it over and over again. So, you know, for folks that are out there listening who are wondering and struggling about when to go into that real estate market. And well, because there's fears about oh, I can't find deals or there's fears that oh, maybe the market is too high. This is a bunch of nonsense. These are all limiting beliefs that you put in a way obstacles that you're putting in front of you on purpose, to not make that that leap forward to start getting involved because there are deals and opportunities all around us. And every corner of all across North America. Like i i literally through this technology, this zoom thing, this video thing, FaceTime, stuff like that. I'm literally with people as we're walking through opportunities, properties, deals, and I'm helping them along the way. And there are deals everywhere at every corner. I'm helping people everywhere. It's fun to say I enjoy it. And so there's opportunity, so you just got to get out of that comfort zone to be able to start.

Casey Brown  28:48  
Think about it like this. Okay. 2000 go back to like, let's say, let's say 2006. Okay, 2006 there's never going to be another bad day. Everything is north. Everything is up there. There's never another bad day never going to be another bad day. Okay. Oh, 7080 My lord, I can't believe we did this. Oh, my gosh, we are all not everybody's hyperventilating and so on, so forth. Now, tell me that you wouldn't like to buy a house or buy a building or buy something today. At 2006 his prices, no matter what happened between then and now? Absolutely. I mean, what does that graph look like? Yeah, you had to sit and you had to have some resolve to be able to do what you all did in the 80s. But then against that back to that tell me that you wouldn't take that apartment building back at the same exact price that your parents paid for it today? I mean, has there. The average has never tilted. It's always gone up. And you've had some valleys. I mean, it just it's unreal to me that people find a way to talk themselves. Out of these deals, like you said, they're on the fence, they're on the fence, they're on the fence, and then all of a sudden, you're out, you've done six or eight or 10 deals, and you look back and you're like, Hey, y'all, I got come in, or what are we gonna do here? And it's, to me, it's just on. It's unfathomable, that there's that, that that that that class exists. But nevertheless, that's what makes the world go round. I mean, I guess,

Unknown Speaker  30:24  
Casey, the saving grace, by saving grace has always been over 30 years, I've seen highs and lows of the market a bunch of times. Yeah, it also depends on the markets that you're actively involved in, because there could be a boom cycle in one area and it'd be a bust cycle and other right. Areas that I had concentrated, I've seen it all in the saving graces has been always for me finding the deal. And oftentimes new real estate investors as they're coming into the marketplace, they immediately rush into the MLS like millions of others, hoping that they're gonna find something over there. They're scouring at you know, picking through scraps. And that's how you if you really want to be professional, if you really want to get into this and do it properly. That's not where you go, there are opportunities residing in other places a relationship grew up building, creating a Power team of individuals that are active in your marketplace, in this drew those relationships, like the one I touched on earlier, my first deal came from a relationship with a real estate agent who had a pocket listing and said, You know what, I'm not going to list this. Yeah, here you go. I want to cut the deal with you. So by cutting that deal, I meant I got something off market that means that was was it the market I didn't pay market price for it.

Casey Brown  31:37  
You were buying off market before off market was cool off market is like the rage everybody wants off part of his own market. I don't want if it's off market, yeah, I'll take 10 of them. And all over pay it off market to so as a real estate, on the real estate broker side, all you got to do is breed the words to somebody, Hey, nobody's nobody knows about this. And it's like, they came pick it up fast enough. And so anyway, but Well, listen, Vance, and we're kind of running running tight on time here, as my listeners know, that's a normal saying on here, because we get into so many different facets of life, and investing and so on and so forth. But what I'd like to do real quick, with the last couple of minutes that we've got, you had mentioned a million millionaires by 2030. Now, when I talk about mountains, and climbing speed bumps are climbing mountains, this is more like, like climbing a ladder to Venus. So I want to hear what this looks like, where it goes, I'd like for you to speak to the listeners and tell them how they can fall into being one of your million millionaires,

Unknown Speaker  32:46  
I appreciate the opportunity I there is a system and a process associated with starting with nothing and then creating that the activities that we need to on a daily basis as new real estate investors to start building, first acquiring that first real estate investment property, and then building that portfolio. So that over a course because we all both of us know the power of real estate, the power of leverage the power of accumulating wealth over a period of time, that individuals that they got started now that in the next five to 10 years, if they accumulated a portfolio of three to four or five, seven properties that they're renting out and making cash flowing at $500,000 Each, that the value of those properties every single month that goes by mortgages are being paid down property, they're appreciating rents are appreciating, it's a beautiful thing. So I'm looking for people that want to put their hands up in the air, they want to join me because I'll take them to the Promised Land, there's this here's the process, here's the system that you need to implement, how to go out there and prospect how to look at the power of the asset, what are the things you should do is you shouldn't do the other things and then how do we carry forward in particular, this is my bread and butter, how do we carry forward and plan successfully plan and manage a renovation of value add to the, to the asset to get us to the promised land that had all those projection and goals and move forward on that, you know, I was doing burr strategy even before there was a bird being by so that was the name of the game. That was the name of the game and then all of a sudden a couple of folks put a name on it but we're doing that a long long time ago and nothing's changed just keeps calling it's the same thing over and over again. So I'm on a mission to get to as many people as possible because I truly believe and you're in the same camp case with me that this is the place to be if you really want to create you know we can't rely on government to give us a check you know when we retire if you're going to rely on that God bless you that's going to be awfully hard because all the money they're printing and all the money they're spending so if you don't look after yourself, a government gonna look after for you so I'm I would love to have people join me and and we could get that processed Sure,

Casey Brown  35:01  
sure, well, let's do this, let's tell the listeners how they can join you how they can get in touch with you. So that whether it be email or website, whatever the case is, I want them to know exactly how to get in touch with us so that they can see what this looks like,

Unknown Speaker  35:15  
I love Well, I've got to be a website, Van sturgeon not calm. And it's got a wealth of information on there from podcasts that appeared on articles, I've written events that I've been at. There's a wealth of information there, you can Google me and there's lots of stuff out there. And if you really want to talk to me, I love talking to people, I'm really my focus is to do everything I can to to help people that get them to the promised land. And so if you're interested in learning more, by all means, reach out to me through Instagram and Facebook and through my website, and I love to hear from you. We'll have a quick chat. And then I'll see, I'll put you on the right as a free no obligation chat. I just want to be able to put people on the right path so that they can start generating wealth.

Casey Brown  36:00  
Awesome, awesome. Well, then I can't tell you how much we appreciate having you with us today and sharing your insight into just like how you got to where you are today. And you know the fact just just what you're doing for humanity in general in in saying, Hey, guys, all you got to do is raise your hand come with me and let's go. I mean, let's let's do this. So I want to do this real quick. It's van VANSTURG e o n.com. and like he said, hit him up on Instagram, all the social channels whatever your social channel choices, I'm sure there's some way to to find an article about him or find somebody get in touch with him but it's banned sturgeon calm. Van again, thank you so much from the bottom of my heart. I appreciate your time. You're just everything you bring to the show and bring to the life of people that are listening. So thanks again.

Unknown Speaker  36:56  
I'm blessed to have met you and talk to you and thank you very much case. I'd love to come back on to talk some more

Casey Brown  37:01  
awesome, thank you so much. And from the cash flow pro podcast, thank you today for listening. And don't forget to join us for money talks, Mondays and F everything Fridays. We will talk to you the next one

Transcribed by https://otter.ai