➡ The speaker emphasizes the importance of investing in properties for rental purposes rather than selling them. They encourage reducing personal expenses to afford investments and to ensure financial security for one’s family. They also highlight the value of community and shared goals in investment strategies. Lastly, they view market downturns as opportunities to buy properties at a discount, reinforcing the cyclical nature of the market.

Everybody moving back to the ghetto. And you know, I was looking at this place and this place and they, uh, you know, it’s gonna be about $900 a month. $900 a month? That’s all you gonna be paying? That sound like a deal. We’re, we’re gonna get back to reality. Everything is going back to reality. Women is gonna get back with their baby daddies. People are gonna move back into their parents and humble themselves and they’re gonna stop, they’re gonna leave the streets alone. Uh, people are going to go back to the hood. The hood never sounded so good more than it is right now.

I know a lot of y’all like that. You still in your hearty phase. I call it the hearty phase. You still in a hearty phase. The hearty phase is My bank account don’t match up to my lifestyle and i’m having a life transformation right now But I don’t really want to go back to the hood until you can reduce those bills And i’m not mad at it. I’m not against it This this little final thought could seem like i’m criticizing But what i’m doing is i’m giving you the blueprint to what success is supposed to look like We thought We thought That success was a mansion And an escalate And a chain And a chain We thought going out there and moving to the suburbs was the move the reality was When you bought that home because they kept telling you make sure you buy a home Remember when everybody was telling you to make sure you buy a home or whatever And you didn’t do your math and your calculations and you didn’t realize that your mortgage was gonna go from 3,400 a month to 5,300 a month once they actually started to calculate The new price from that home bill that you was about to do you did that property bill but the property taxes was only a little bit of money because They didn’t really assess the home value and the millages didn’t kick in yet But they didn’t tell you that the maintenance and it was gonna need A new water heater at this time if you didn’t buy a new home or you didn’t build a new home and the property taxes was gonna go up because the westmore and and And the governor and jb pritzker and the people over there in chicago and all of that.

They didn’t tell you that part They didn’t tell they was just telling you no the equity in your home was going to go up The value of your home was going to go up. They didn’t tell you that when you paid your mortgage for the first 10 years That you was only going to get eight thousand dollars removed from the principle because the majority of the money was going towards The interest they didn’t tell you that so then you had to depend on the appreciation of the property To make you feel good about your net worth and the amount of money that you was paying and property taxes maintenance and all of that stuff And so now you’re like jesus be a fence.

I don’t want to be a grown-up no more. I want to be a kid again I’m seeing people on tiktok on instagram on youtube on x saying man. I wish I could be a kid again Jc that is on a 30-year fixed mortgage The 30-year fixed loan don’t have nothing to do With the interest that you’re paying. I mean it has something to do with it, but it has nothing to do with the principle It’s front-loaded. So all of the interest is going to go on the front end of the loan So the first 10 years and you still got two-thirds of the way to go.

You still only got nine ten eleven thousand dollars in principle paid down and you was putting extra towards it because the majority was going towards that And your mortgage jumping don’t necessarily have anything to do with the mortgage itself It has everything to do with your property taxes going up and that is baked into your home payment And it’s an escrow shortage and they’re gonna charge you back for the money that they had to pay out to the county and the city and so now you got to pay that and your property insurance went up because You went a certain area that’s prone to mudslabs or wildfires or hurricanes or you lost your insurance And now you got to be on state sponsored insurance and depend on the federal government just in case anything happened in your house And so now your insurance rates went up and you thinking about going without insurance and your Utilities went up like over there in Maryland three to four times and you wasn’t expecting that You wanted to be grown You wanted to be grown you didn’t know that life was going to be life and that you can’t stop working remember when you wanted to be In the streets and you wanted to hustle and you wanted to climb the ladder and you wanted to compete with men Guess what? You can’t stop now.

There are no breaks. No layoffs. No breaks. No pto No, nothing, but you get laid off. You got to hurry up and find another job and you’re gonna be working for the next 50 years of your life But there’s a solution There is a solution The solution is you’re going to have to go back to the thing that made you great in the first place It’s time to go and fix up grandma’s house grandma house. Don’t seem that bad no more do it Being uh under your man don’t seem that bad no more do it Getting back to the corp things don’t seem that bad no more do it cut just listen.

Just cut your grass I Know people that had a paid off car Went and got a car note because they wanted to impress people that didn’t add no value into their life And they hate they hate that car note having to go out every single month The new car smelled and wore off Ain’t no ain’t nobody checking for you just because you roll but roll by and your baby beans And your c230 or whatever the name of them are Nobody cares nobody cares because the real flex Was being able to afford it by actually paying off the car Or if you had a business that you could substantiate that you already had another car that was paid off And you’re writing off the majority of the lease payments No, because nobody cared you bought a new car to make yourself feel good and six months after now you got your bumper hanging off And you don’t even have insurance and gas prices is high Remember that Remember you traded in because you thought that you came up and you posted it on facebook and everybody said yeah, girl Yeah, blessings on blessings on blessings.

They can’t see you. Let your haters be your elevators Who’s cursing yourself He was cursing yourself cla 250 that’s what it is It’s still amends though Remember that It’s crazy It’s a method to the madness though. It’s it’s always a method to the madness. It’s a lesson in it Sometimes you got to get out there to see that it ain’t always You know greener on the other side and we got to get back to the core of what we do and the core of what we do Is reduce expenses I’m not only a sponsor I’m the best client My bag tasters my patreon members and make sure y’all tap into the patreon link is in the description as well as pin to the top Of the chat know that I am so So frugal When it comes and I did this live stream when I was in dc and I told y’all I am so frugal When it comes to me having to spend my own money on anything if the sponsor is not paying for it If i’m not getting it for free if I got to pay out of it out of my own pocket for it I don’t live in no huge house And the bad cases know how much money I make you know what i’m taking in you know, you know year after year after year after year for the last What is it 2020 since 2010? I’ve had an increase in my revenue and the amount of money that i’ve making every single year since 2010 So for the last 15 years we’ve been winning I spend less than 5 percent less than 5 percent of what I take in on my own personal expenses If I didn’t buy the house outright or if I didn’t build the house outright If it’s not generating revenue If i’m not building three houses for everyone that I decide that I want to buy or I want to take in or whatever I’m not doing it because it’s got to be paid for itself and i’m not about to pay no house notes, man I’m not i’m not paying a mortgage I’m not my finance and i’m not giving nobody no interest no free money.

No, none of that nothing When we build the houses, we don’t build them to sell them. We build them so that we can rent them out We keep them forever I’m giving them the game for free. Well, let me stop Let me stop because I realize and this is one of the things that I Make sure that I put a barrier to entry for and why you would have to join the bag chasers because we deep dive way deeper than this way Deeper than this. I can’t wait for the next block club um, I realize that it’s a difference between the people that’s here that appreciated versus the people that just look at it like Oh, I can’t believe he talking about this or I guess We don’t get this inside of the comments when we live stream inside of the bag chasers because it’s a barrier to entry We’re able to lock out the dusty so that we can just get to the money We start add value I show my receipts in order to help you to understand that nobody is finessing you when people ask me to invest their money I say no, i’m gonna teach you how to do it yourself use your own money This is how I did it And so this is one of the reasons why you got to block people out Why you have to put a barrier even if the barrier to entry is one dollar or two dollars You’re going to lock out dusty people That don’t actually see the value when you’re telling them to reduce their expenses So that you can live a better lifestyle and actually save And pay cash for the land pay cash for the house pay cash for your lifestyle Don’t have a car note You don’t have the same burden the same pressure No matter what your family is always going to be taken care of If anything ever happens to you, they don’t have to worry about paying that house note They don’t see the value and the lessons and the mindset And the strategy sessions that we have and the mastermind sessions.

They don’t see the same lessons So this is one of the if you notice for my bag chasers that’s listening here the people that’s a part of the um The discord the link to the discord is in the description of any of the most recent videos in the bag chasers You’ll see that we don’t have this same type of pushback from some of the people Because everybody is on the same page going in the same direction. This is why you have to create your own community of people This is why we do this for free here And we let the dusties be dusty until they get themselves together And then we then switch over and pivot and then we really get into it and we ain’t got to do all of the Entertainment put the medicine inside of the candy.

We just get straight to it and we run it up Reduce your lifestyle move back into your parents get a roommate Adjust adjust before the market forces you to adjust people are saying oh, man, the real estate market is crashing What is it? What is it going to do? Anton? Are you still building houses? Absolutely That just means I get to do it at a discount now That means we get to pick up properties Remember when everybody during the pandemic was overpaying a hundred hundred fifty thousand dollars over asking price with no inspection Now we got all of these properties in dc all these properties in chicago all these properties in In wisconsin all of these properties in ohio all of these properties in la everything is coming on the market at the same time And nobody can still afford them because the prices is staying the same But people are going to be losing their houses and interest rates is not going down What do you think that that is? That is a buying opportunity.

We don’t go over it in the next patreon. Don’t worry about it We just wait We just patient we just sit there and just watch Watch the carnage watch the craziness watch people tear each other’s eyes out watch everybody complain And we’re just going to silently act like the same people that’s been buying it up the black rocks all of that We’re going to do it on a much smaller smaller scale and then we’re going to scale up And we’re just going to keep on doing it. We’re going to compound it We’re going to compound all of the wealth take all of the property take everything and we’re going to gentrify it ourselves That’s real power Sometimes it takes four or five years for it to actually hit it’s common though Everything is cyclical Everything is cyclical.

Oh man. Anti. What are you saying about the market going down over the last two three weeks? It’s an opportunity to buy more When they think they got you they don’t even realize that they’re basically enriching you If there’s a market correction, then that means that it’s a buying opportunity It’s not a time for us the bag chasers who’s been hoarding cash for a long time To look at it as a problem. That’s a blessing Housing prices is going down blessing market correction blessing Everything is cyclical what goes up goes down Which means that you then have an opportunity to buy it at a cheaper price and then he goes up again and it goes down Housing correction interest rates.

Everything is cyclical. Everything goes into a circle What happened yesterday is going to happen tomorrow and what happened tomorrow is going to happen 10 years from now What happened 10 years from now going to happen 15 years from now and it’s all going to be a cyclical process We don’t look at the market correction or the market reducing itself as an opportunity to fall back We just go more in Because we don’t have the same restrictions. We don’t have the same lifestyle. We don’t move under the rest. We move in abundance Anyways Make sure you guys continue to And we don’t just buy the dip we dollar cost average But we get into that on block club and stock club inside of the patreon Make sure y’all tab into the patreon link is in the description also teach henley 40% off your first order plus 20% off of life
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