Ep 160 - Week 23 Live Progress Update

Hey, everybody. Flip and Danny here, founders of the Freedom Real Estate Group, family of company, and welcome to another episode of our podcast. This is a live podcast. Like that.

Did you just go, like, slow?

Yeah, I was trying to do a little bit different, you know, because I edit these and I see what I do. I do it the. The same way every single time. So I'm trying to do it.

Okay. Hi. Okay.

Just trying to freshen things up.

Yeah. Welcome.

And our podcast is called Freedom through Passive Income. There we go. And welcome to another live version. This is our week 23.

Yes. Oh, look, it matches your jersey.

Week 23.

All right, for those of you who are listening and not watching, he's wearing his freedom Jersey.

Yep. Number 23.

If you didn't know, his favorite number is 23.

Way before that. Jordan Festival fella.

Just saying.

I. I had this jersey first. You're welcome, mj. Anyway, he stole it from me. Trace.

Yes. Yes.

Okay, we can go on now. So, first of all, we actually got an email yesterday.

Yes.

And I was looking through it, and I get this email every single week, and I look at it, and there's nothing really that big to respond in the email, but this time it says, you have a review.

Yes.

And I was like, what? So of course we went. Not only did we have one, we had three reviews. So again, this is on Apple Podcasts. On Apple Podcasts, right?

Yes.

Yeah. So if you're listening on Apple Podcasts, you know, just do a quick review. We love it. I don't really think it's gonna give us anything, but just to let us know that you're out there.

Yeah, no, it does. It improves your rankings. Like, a lot of people will release something, and then they'll just tell all their friends and their masterminds and go, go, give me a review. So you get all these, like, fake reviews, and they're not. It's not that they're fake. People know you and they like you, so they give you a review, but it's not because they're listening, Right. And then they go, I'm the top 10 of the podcast because they got this rush of reviews. And so I was thinking about asking our friends and family and everybody, but we never did. So we literally did not think we had any reviews. So when he saw this email, he was like, we got a review. And I was like, well, people comment and subscribe on YouTube, like, all the time. And he was like, no, this is different. And so we went to Apple Podcast, and there was three, and we were like, Three. We didn't know we had even one.

Yeah, so it means we're better than the bottom now. It was like all the podcasts in the world, and the last place is Freedom Through Pacifica.

So the point is, we're supposed to be asking you guys to please, you know, give reviews like that, especially comments. It's always nice to read the comments. So we have been forgetting to ask for that, if you don't mind jumping in there. It does show that people listen and people like it, and it helps us get the word out. So it would be super, super appreciative. Please and thank you.

Yeah, and one thing, we did find out, too, that these live updates, these live, live, live updates and our recap seem to be some of our most popular episodes. So that's pretty interesting.

Yeah, I was looking at all the stats. I was actually looking at the podcast stats as well, and it's interesting. They're like, the amount of views, it's pretty consistent. And you can tell some people play, like, catch up. They'll listen to, like, a week's worth at a time, because you'll see number, number, number, number, number. Then the most recent week right now is lower. So now I'm gonna start watching it to kind of see, hey, what is the trend? Because these are little snippets, right? They're supposed to be eight minutes, which is not gonna happen today.

Yeah, not today.

Anyways. It's just interesting looking at all this stuff. So one of the things I was gonna mention today was Jose. I'm not going to say his last name for privacy reasons, in case he doesn't want me to say his name on podcast, but he's in our Facebook group, Freedom Through Passive Income Facebook group. And I had made a post the other day because C.J. ben and I are talking about the different things that we can do to help investors. And so one of the things that we want to do is create roadmaps. Another thing that we want to do is create certain paths. And a lot of the investors in there have different paths they are on whether it's. They're actually finding properties themselves and rehabbing them, or. Or they're buying turnkey properties that are already done, or they're buying multifamily properties, or they're investing passively as a private lender or in syndications. And so there's different people in this group. And we thought, how do you help them? All you have to have. If you're on this path, this is the road I want you to go down. This is how we can help you watch these videos if you're on this path. So we started creating that. And he said, and so he gave me the answer to the question that I was asking in the Facebook group. And then he said, hey, I've been listening to your or watching your videos and they're fantastic. I don't even know what he said, but he gave us a recommendation that he said maybe create some specific or no, he said use a visual slide on episodes explaining concepts. That was his tidbit. And I was like, that's a great idea and it's something that you and I have talked about. And in fact, we're going to be doing it on an upcoming episode where we're talking about how to turn $100,000 in your IRA into a six figure passive income. That's going to have some visual effects that, I'm sorry, audio listeners, you're going to have to go to YouTube and actually see the graph, even though we'll talk you through it for those of you listening as opposed to watching. But it was a really, really great idea, which then made me go, well, you know why we started the YouTube channel was because people say, if you're going to do a podcast, just record it anyway and throw it on YouTube because some people like to watch you, you know, conversing back and forth as opposed to just listen. So that's the reason we did it. But I also like the visual elements, but those that are listening only aren't going to get the visual elements. And so then I thought maybe down the road we create something specific for YouTube that's not even podcast. If you want to learn more and see more visual stuff, you go to this series. So that was what that was about. Yeah. Yeah. So thank you, Jose. Appreciate you.

Well, that's awesome. Well, we do have some special guests with us today in our live episode. Yes, they're not mic'd up, so they can't talk. But last Friday we had a very special day and our team threw a party for Founders Day. And part of the Founders Day celebration was this cardboard cutout, which I think is absolutely hilarious. We saw it right when we first walked in. And of course, of course I'm four foot tall in this, this cutout. So I'm standing on some books right now, but so we all just gathered around it and took pictures with it. And it's so funny because some of our, what we call our team Freg Ph Frag, our team in the Philippines, they photoshopped themselves with our Cardboard cut out in front of the office, which was hilarious. But it was a fun time.

It was, it was an awesome celebration. And this was the thing that kind of cracked me up or shocked me probably the most. I'm like, oh, my gosh, you guys. It's just crazy.

The last three or four days they've had to stand in the corner facing the wall because they kept freaking us out every time we walked through the room.

There's people there. And again, for podcast listeners, sorry, you're going to have to go to the YouTube to actually see what we're talking about. But just imagine us in a cardboard cutout standing on the floor and we're short. Hi. Alright, so another quick update and I know we're getting over time, but we'll try and speed up. We're on the fitness and nutrition program, right. That we've told you about many times. Well, so quick update. It's not going to be pounds necessarily, but it's going to be. I'm wearing a shirt for the very first time in a long time that actually fits. I'm super, super excited. And I do believe, sir, that you're wearing shorts.

Well, not today, but yesterday.

Yesterday.

Well, actually, these shorts. Yeah, I haven't worn these shorts in a few years because they didn't fit. But yesterday I wore a pair of shorts that I never, I had never worn. I bought them a little bit over a year ago and they're really super nice shorts. And I'm like, oh, I don't want to return them. Really nice shorts. And I'm like, I'll get into them. I'll get into those eventually. Yep, I did yesterday for the very first time.

Yay. So super excited. We're continuing to make progress.

That's right.

All right. And then another thing is our new short term fund. So we've been talking about the different funds that we're trying to create. Not trying, we are in the works to creating, but we have to do the stress tests of them, make sure they're good, make sure the financial forecasting piece makes sense, that we can actually cover the fees, give the returns that we're saying that we're going to give, have the right partners in place so that we can have the consistency of the deals coming in. All of that is in the work. One of them is a short term fund to allow people to have that liquidity piece that they like. And it's gaining traction. And we've already had a few people say, hey man, a fund like that, I would totally put like $500,000 in it. I'm like, we're still brainstorming it and we got 1.5 million, like ready to go in, Ready to go. So that's exciting.

Another thing we started Tuesday this week was something that we'd heard about in one of our masterminds. And a group of people had gotten together, I believe it was in Phoenix, was the first group that I heard of doing this. They all, they all got together and they went to a restaurant that was a mom and pop restaurant. And they all, every person there had hundred dollars. And what they did is at the end of the meal, part of the tip was every single person put $100 into the tip and then they gave that to the, the waiter or waitress. And usually it's, it's just, it's. It's. It's a great feeling. It's a great feeling. And so yesterday, not yesterday with Tuesday was the first meetup that we had. And did you count how many people were there? There was.

I did not count.

Yeah, there's at least 10. You know, for the first one, that was pretty good considering we had like over 20, almost 30 people reserve.

And we figured half would probably show up. Yep.

Yeah. Yeah. So we had a good time in a little small restaurant here, just close to the office, sort of, but here in south of Dayton. But it was a lot of fun. And we're going to be doing that every month and somebody different in the group is going to pick each month which. Where we're going. It's a real close. It was a good feeling.

Yeah.

Warm and fuzzy.

Yeah. We always get excited about different ways that we can give back. And this is especially wonderful because we're surrounding ourselves with other entrepreneurs who we can also help in the process who are also passionate about giving back. So it's just really, really cool. Chris Harrell drove from Columbus.

Hour and a half.

Yep. Yep. Just for this lunch. So super excited about that. And then lastly. Oh, the state of the economy meme.

Yes. So I'll put this on the screen and I'll read it, though, so the people listening, you'll at least get to hear it. But you'll definitely need to see this now. This is actually the four people that were in the movie. Oh, I just lost the name of the movie too, but it's with Jason Sudeikis and Jennifer Aniston, where they take an RV and they're traveling or whatever. It's a very funny movie. In Danny terms, it's a boy movie. But anyway, so the Top left corner says gas prices. And then it says I've risen to $4.62 per gallon on average, which is already over $5 a gallon now. And then over here it says inflation, I've gone up 8.3%, my highest in decades. And down here it says housing prices. I'm up 18.7% and rising at record levels. And then over here it says stock market. You guys are rising. So anyway, so I'll put this on. It's hilarious. I'll put this on the video so you guys can see it. But yeah, that's great. But plus, I like that movie. So that movie was funny.

Yeah.

Yeah.

So we're always creating this content, and when we see funny stuff like this, I was like, oh, let's throw this in the live.

That's awesome.

That's hilarious.

I love it. All right, well, this one went definitely over. You enjoyed this episode. Make sure you're going over to our website, freedomcapitalinvestments.com to join our investor club.

And hit the subscribe button if you're watching on YouTube and hit that like button.

The like button.

Yes. If you like that meme.

If you like the meme. There we go. We always like to end all of our episodes with. Hold on, hold on. Are you guys going to say it?

Oh, hello. Invest smart.

Nothing on this show should be considered specific personal or professional advice. Please consult an appropriate tax, legal, real estate, financial, or business professional for individualized advice. Opinions and information on this show are not guaranteed. All investment strategies have the potential for profit or loss.

Sam.