EP34: From Hotels to Homes: Andrea Foley's Innovative Solutions for Affordable Housing and Wealth Building

So if we can find communities where there's high tourism or warehousing or some type of high, you know, industry, that the workforce is there and the demand is there, but there's just such a lack of affordable housing that's going to be like key because if you don't really have that level of workforce, it's not going to be a great fit.

Are you frustrated watching your hard earned money ride the knee jerking Wall street roller coaster? Are you looking to diversify into alternate investment and set them on autopilot to achieve financial freedom? It's time to learn the ways of the wealthy. It's time to Think Outside the Stocks with your host Madhvi Jain, an immigrant from India and ex IT professional who will bring you industry experts to illustrate a passive and holistic financial approach to build not just passive income, but also your generational wealth. Madhvi is on a mission to change the financial trajectory of one family at a time. And a thousand more to go. 1 Are you going to be part of this vision? And now without further ado, here is the host of Think Outside the Stocks, Madhvi Jain.

Hey, hey, hey. Welcome back to another episode with Think Outside the Stocks. I am your host Madhvi Jain and today we have a very very interesting conversation with a very very interesting human being with us. We are going to talk about a problem that we had during COVID time. You remember all those hotels which got EMP solving that problem with another problem which is the affordability of housing. But before we go ahead, I do want to mention that this is information and education purpose only. Whatever we are providing as an education on this podcast, please be sure to do your own due diligence on it. Consult your tax professionals, your lawyers so that you can implement this strategy in your financial structure. So imagine you living for a week in a hotel room, then living for a month, living for a year or think about people living that as a home. That's what our guest today, Andrea Foley, is doing with hotel conversions. Andrea, welcome to Think. I'm set this talk. So glad to have you here.

Yes, thank you for having me. It's been a long time coming. We've been meaning to do it for a while, so I'm glad.

Absolutely, absolutely. And we keep on meeting at different conferences and I typically like to talk very interesting things about my guest. So the first interesting fact I'm going to tell my guest about you Andrea is you have infectious energy. You are absolutely your supposed to reckon with and you are a problem solver. So you know I talked about the little bit problem that you tried to solve, but you're a problem solver and a go getter. So, you know, that is really, really what attracts me to you. The second interesting fact about you, you grew up with dad who was actually in construction. That's so interesting. So I can't, Andrea, get that image out of my mind with, you know, a little girl walking around the construction site and wearing the little yellow hat and probably some tools like a hammer or something. Right. It's incredible that you got that experience right. And the third thing interesting fact about her is that she actually in her realm of problem solving with a company, Anish, a diaper company. And Andrea, we would like to talk about that. And you actually successfully exited this business. So kudos. Congratulations on that though. It's coming late, so let's jump right in. You know, tell us about you. Tell us about your family defines Andrea, and then we'll start going into your story a little bit before we start talking about, oh my God, the hotel conversions. I am so dying to know about that.

Yeah, a little bit about me. I, like you said, I was a business owner for 17 years and I have been married for 18 years and I have three little kids and we work with them. Something that I know you'll appreciate on, we call it Raise Millionaires. And so we have a little podcast where we teach them what we think is the millionaire mindset things that every kid should know, financial literacy, you know, gratitude mindset things so that when they grow up, they'll just make better, more educated decisions with their future. So we're very passionate about financial literacy.

That is amazing. You're building a generational wealth by not only just the wealth, but the financial wealth, but the knowledge wealth. Amazing. Kudos for that.

Yeah, I mean, that's really what it comes down to for generational wealth is if you just give your kids the money, they're not really gonna thrive. You know, you gotta teach them how to do what you've done with maybe a little less struggle.

Yeah, I love that. So let's go a little bit into your story, you know, in your childhood. Tell us what you remember of it. And you know, did you actually work on these sites? Did you actually help your dad about it?

Yeah. So he has been in an entrepreneur himself since he was 25. And my parents are very young, so I was already five years old when my dad started his company. And so every summer, you know, he would take me probably starting at the age of about 10 until I was maybe 14 15. I would go with him and work on the houses and help side and help frame and. Yep. Carry that hammer around like you said. So. And then of course he was always working on his own, on our own projects at home. So, like, aside from siding and framing and I just really got to learn everything there is to know about home improvement construction from electrical to drywall to plumbing. With everything that he did when I was 12, we actually built our own home, so did.

Yeah.

So I helped with that as well. So kind of, you know, ground up everything, construction, so. And he still lives in that house today, so.

Amazing. Amazing. So 25 looks like a magic number to start a business. Yeah, yeah.

I followed directly in his website.

Absolutely. So that's the entrepreneurship bug is in your DNA looks like. And I would love to know what your kids are up to. Right. If they also have that bug.

They do. Yeah. Especially my middle. She's 11 and like she's already done this whole vendor fair where we made candles and she sold them. And then my girls every year. So my mom is actually an entrepreneur as well, and she owns a store, a retail store. And my girls every year will make these hot cocoa cones where they make, you know, hot chocolate, marshmallows and peppermint candies and decorate them all up and put a little cute tag on it. Very. You know, we got the idea from Print Pinterest and they sell them at my mom's store and last year they made about $400 over the holiday season.

So that's crazy.

We gotta get on that. Actually. It's about time to start.

I know that there is a full fledged business idea there. You know, you need to.

Yeah.

Get some seed money up there.

Yeah. They work hard and I just help them, but I don't do it for them. And then they have to pay for all the cost of goods sold and take that out of their profits.

And both my kids are entrepreneurs and my younger one especially, even he said, looking at his sister, that I want to create a business too. And I'm not going to do anything for you if you come up with the plan, if you do it. So I very well understand what you're saying, that they got to do it, we got to support, not to do it for them. So that's fantastic. So with that, let's jump into what you had been doing. Let's talk about actually business, your business, the diaper business. Right. How did you get that idea? And you know, I like how you're creatively, you know, thinking all the time and Solving a problem. What is the problem that you were trying to solve with it?

Well, I always wanted to own my own retail store because all through college, actually high school and college, and after I graduated, I managed retail. So I always wanted to open my own store. And finding out through other retail owners that there was a need for a cloth diaper service in at the time, I lived in Des Moines, Iowa. So I did my research, and with my $2,500 credit card limit and the support of my husband, I started a cloth diaper service. And this was pre being a mom.

Right.

So I was washing poopy diapers for other people's babies before I was even a mom. And then I just grew it and ended up quitting my job so that I could focus on it, be a work from home mom. Two years in, I had my son, so then I could stay home with him while I was running and growing the business. And ended up buying the Omaha market during. I think he was six months old when we bought that and just kept growing and then ended up getting to fulfill my dream of opening my store when he was two and a half. So it took about four years of washing poopy diapers before we got to that level, but we got there. So. Yeah. And then that's the business. I. It was a natural baby boutique.

I see.

We did end up selling off the diaper service, focusing on the boutique over the course of the years. And then we pivoted that business when kind of online shopping hit and all of my manufacturers started, like, selling direct through their own websites and on Amazon and just the boom kind of hit. And Babies R Us went bankrupt and Toys R Us went bankrupt. And instead of letting my business go bankrupt, I pivoted into kids consignment.

Okay.

So kind of still staying in that, like, natural focus as far as, like, reusing clothing, you know?

Yeah.

And we grew that concept up from nothing after we pivoted and opened a second location and we were going to franchise it and then instead said I found real estate in the meantime. And so then I offered my first franchisee the opportunity to purchase my corporate location because I really wanted to dive into the real estate more, so.

Excellent. What a persistence. Thank you for sharing that. So did Covid impact your business at all or what happened? It did.

I mean, 2009 was a great year. And then when Covet hit, we did have to close the store for about eight weeks. And so my manager and I at the time, we got on Facebook and we created four Facebook Live selling Videos, hour long sales videos on our Facebook page every day. So we did four hours of live selling and then we did another like six hours between prepping and then cleaning up after that sale and getting all the orders packed up and ready to go. And so we ended up doing about 60% of our business being completely closed. So hit about 60% of what we were normally doing even with our doors closed, just by doing that. So we were working harder with COVID Like we were working harder with our store being closed.

But you sustain, you know, you sustained to that toughest time. Right. That's incredible.

Well, I didn't want to have to fire anybody. I didn't want to, you know, like their livelihood depended on me. And.

Yeah.

So we made it happen. And it was a lot of work. And then we were. It probably took us six months to kind of recover the inventory because, you know, our inventory came from people selling to us.

True.

Well, with being closed, we weren't getting any inventory in.

Yeah.

So once we did reopen, it was kind of this backlog of needing to get the store stocked back up. And that took a while. And then 2021, the sales were pretty much back to normal.

Now I consistently keep seeing that problem solver in you with creative solutions and pivoting. And pivot was. I think pivot was the one thing I learned during COVID I think there were a lot of Tony Robbins, you know, was biggest inspiration.

Oh yeah.

That he just went virtual this massive conferences that he had. So a pivot is really, really important. So with that, let's jump into what you are doing today. What makes you think about hotel conversion and turning them into affordable living spaces? I mean I'm looking at your business model that, you know, you have this tiny places and to even think about that will even stay know as a home. Right. This 400, 500 square feet or probably even smaller places as an apartment complex. Right. So how did you start this out of the box thinking, yeah, gosh, I.

Mean probably two big things. So my mom owns a small hotel in Iowa. I mean her people pretty much live there. She has probably half of her rooms. I think she only has 14 rooms and I would say seven of her people like live there permanently.

I see.

And it is a hotel room, you know, so there's definitely a much larger population of people that do live in hotels or in very tiny apartments that people don't realize because that is their only way to be affordable. And sometimes living in a hotel is way more expensive than, you know, finding an apartment. So Sometimes it's people that maybe they're down on their luck as far as they can't. They don't have the credit or they don't have the deposit.

True.

For an apartment or things like that. So those are the people that will end up living in these that stay as a hotel. So I think that was a piece of it. And then during COVID there's this hotel here locally that closed, that shut down. And my husband and I were just talking. We're like, man, like, that is a really weird location for a hotel because it's surrounded by residential. And I'm like, that would make an amazing apartment.

Right.

It's great location in town. There's nothing around it that you would want to stay there as a hotel. You know, there's no tourist attractions or anything like that. And so it just got us thinking. And then when we really wanted to find our first multifamily buying a hotel, they're so much more affordable if you looked at, say, a per unit price.

Right.

Versus an existing stable multi family.

Yeah.

So just like the value that we could get. So I'll give you an example. You know, a multi family. We got a multifamily property for, I think it was $800,000. And it was like 12 units. And then I find our first hotel we ended up buying and converting was 32 units for less.

Oh, really?

And, you know, when you run the.

Number triple the size?

Well, no, yeah, almost triple. And the same price. So when you do convert it, you know, the value is just so much higher. So for us, it's like, well, yeah, that doesn't seem hard. Let's do that.

And so was it hard?

I mean, we've done a bunch of flips and single family rental remodels and stuff throughout our real estate career. So while I was running a business and my husband's always had a great job, so we've always done that stuff on the side. And so when we bought this hotel, we're like, it's just like 32 little flip flops, but all together on the same property.

Right, right.

You know, so that's kind of how we looked at it. And we just felt confident in our abilities to both anticipate the construction budget in our underwriting, and then doing the work if it were necessary and something happened. You know, we knew that we could, aside from, like, electrical and plumbing, anything licensed, you know, aside from that, we could step in and we could lay floor and we could, you know, hang drywall. If it came down to it so just knowing, being confident in our own abilities and making up for costs if it were necessary or anything like that, that's why we jumped into it.

And then, you know, I think when it comes to the hotel conversion right. Into residential, I'm just trying to imagine, you know, most of these places don't even have a kitchenette. Right. So what is the process that you are actually going through when you are converting these rooms into actually somebody's home? And what is the most difficult part that the problem cannot be? Sol is the easiest part in this.

The most difficult part is upgrading the electrical to accommodate a kitchen.

Okay.

So it's not really the plumbing, you know, adding a sink and things like that. It's really when you need a dedicated circuit for a fridge and for a microwave and for a cooktop, there's a lot of electrical that needs to be added Right. To these units in order to get it up to date. So a lot of times switching these from a hotel to a multi family, it's called a change of use in, like in the code.

I see.

So then you have to bring it up to code up to today's code in order to do that change of use. So that's really the biggest challenge which could involve. And every municipality is different on how they interpret that code.

I see.

So. But it's going to usually require fire sprinkling or some type of fire suppression that you're going to need to upgrade the whole entire property to. And then the electrical is usually going to be a really big construction budget item. So those are the two biggest expenses out of the whole thing.

I see quite an odd problem, but not imagine. I mean, it looks like electric is already there, but yeah, it needs more power. It needs to support, you know, more things. So I think that, yeah, that totally makes sense. And especially if you're going through those, you know, the use of COD approvals and inspections, again, the red tip, or the process of getting those approvals, having people come down and from, you know, the county or the city, especially during COVID you know, that could be challenging too, right? The timeline of it.

Yeah. Luckily we started in 2021. So we were dealing with, you know, the material delays, but not the personnel delays.

That's cool. And I was actually, you know, taking a look at one of these things and you say, you also mentioned that, you know, having a dishwash inside, that could become a challenge too. So let's talk more about that.

Yeah, so we don't add dishwashers into ours because, you know, these Are affordable units.

Right.

They're not meant to be luxury. Class A, you know, have all the amenities that you and I would want in an apartment. They're meant to be almost, let's call it more of a survival apartment, you know, until the next phase of life.

Right.

So a dishwasher in unit, washer, dryer like, things like that. Those are luxuries that we take for granted.

We do that.

These units, not only can they not really support that. Again, that'd be more electrical, more plumbing, which is fine, and then more of a cost to us to buy all the dishwashers, but then also the space.

Right.

So we need to fit a whole entire kitchen in a pretty small space. And a dishwasher takes up a little too much space as well. So these are two burner cooktops, you know, a sink, maybe a convection oven, a microwave and a refrigerator.

Yeah, you know, it's pretty much a space for maybe a person or a couple, I'm sure. Not for families. It'll be really tough.

No, you wouldn't think so, but we've had a family of four live in one of our apartments before. So one of our bigger ones, I'll say bigger, like it's 450 square feet, but I mean, if you think about it, there's people that live in tiny homes that are like 200 square.

Yeah, yeah.

With their kids. So just a lifestyle choice, you know, or. Or a necessity.

Thank you for sharing that. And so what is the easiest part in this conversion?

I would say for me, knowing what it takes.

Right.

Like finding the right hotels to convert.

I see.

Is easy to me. I have a checklist that I go through and spend about an hour on each potential property.

Right.

And after I'm done with that, it's kind of like, yeah, this one would make a great apartment or this one is not going to work.

So what do you look for? You know, are you looking for the businesses around it? What is your kind of a buy box per se?

Yeah, I mean, definitely the market. That's a huge part of it.

So.

And by that I mean, like, what is the industry there? Like, what is driving the workforce? We have found that when there's a lot of tourism, there's a really low supply of affordable housing.

True.

So they spend all their money on the tourists and they don't think about the people that actually are supporting that tourism, which is all your, you know, minimum wage employees, servers and bartenders and hospitality workers. And, you know, all those people, they don't make really great wages and so what we found is in tourism towns, they have to live outside of town quite a ways to afford to even live, and then they have to drive. So if we can find communities where there's high tourism or, like, warehousing or some type of high, you know, industry, that the workforce is there and the demand is there, but there's just such a lack of affordable housing. And it's usually younger people, you know, that maybe, like you said, it's a single person or it's a couple. Maybe they're both servers and just trying to, you know, go to college or they just got out of college or, you know, they're making their way. That's going to be, like, key, because if you don't really have that level of workforce, it's not going to be a great fit.

Yeah, no, that's true. I was at a conference in Hawaii actually, just last weekend, and, you know, I just kept looking at this place as the resorts, and I'm thinking that there are not too many apartment complexes here. So you're right. You know, this workforce, housing, who's actually supporting servicing this huge tourism industry, they get pushed out and they're like, really further, further out. And I finally saw an apartment. I was like, okay, there is an apart, but lo and behold, it was just an Airbnb. Every apartment unit was converted into Airbnb. Again, supporting the tourism. So, like I said, you are solving one problem, which is the problem of affordability, with another problem of these hotels not surviving through one of the, you know, tough times. I mean, of course, after Covid, there are some hotels which are boomed, but, you know, some hotels just buckled up and they just.

Yeah, and we're looking for those mom and pop hotels that maybe they don't have a flag on them. You know, they're not a Hill and they're not a Marriott. You know, they're. They've been run for the last 40 years by a family, you know, and they haven't done the upkeep that they've needed to do, which those flags will force hotel owners to do. But when it's not flagged, they don't have to. They kind of, you know, sadly, I would say, run it into the ground and just kind of milk it for all it's worth.

And then.

And then it's kind of done with its useful life. And so then that's when we come in to bring it back to life.

Yeah. Another reason to write that, you know, these mom and pop owners, their next generation, they don't want to Take care of their business. Right. So they, you know, it's a passing generation. They have gotten involved into something completely different. So there you go. You're solving a third problem. Right.

I love triple wins, you know.

Yes, yes, absolutely. And then it's a win win for are, you know, the businesses who are coming out, people who are staying into it from the affordability point of view. You know, the businesses, the hotels which are, you know, actually facing a lot of problems. And it's a win win for your investors too, I'm sure. Oh, absolutely. So tell me, how many hotels have you converted so far and are you focused in a specific area? Are you looking, you know, basically all geographic locations?

Yeah, I mean, we've, we've looked at a few in Florida, but we've definitely tried to focus our energy in the Midwest because that's where we live. And so it's a day's flight or drive to any of our properties, which makes it easy to go do site visits and keep an eye on construction management and all of that during the project. So we are on our second one. The challenge with the market right now is construction lending.

Okay.

So the bank have definitely pulled back and so we're not looking at future hotel conversions at the moment until the banking kind of releases their clasp on their fund.

Yes, absolutely.

So, you know, we're a little forced to slow down on this particular niche for the next probably six months.

Yeah.

And then we can start finding partners that are willing to. And by partners, I mean lending partners that are willing to open up their construction lending again. So that's been our biggest challenge.

Yeah. And especially when you're converting, it's a massive construction project. Right. So you don't have occupancy to get some of this, you know, but the better loan products. So you kind of have to rely on this construction.

We do, yeah. We can't go to agency, which would be amazing, but we can't.

Yes, absolutely. So looks like another problem. And you know, I would love to talk to you in few months. I'm sure that you will come up with another creative solution. Absolutely. So thank you for sharing that strategy, your investment thesis and how you're actually, you know, creating this massive value for, you know, different level of families coming in. So with that, you know, I would like to go to the second section of my podcast show where I just like to talk to my guest about their kind of a holistic approach to wealth management. And we were chatting a little bit before the show and you got me really excited because Believe me, when I meet so many people, thousands of people in conferences, and I always ask them that, what do you do as a holistic approach? Very few actually come up with that answer. And you know, kind of the solutions. Right. So let's talk about that. Andrea. I would love to know. Twofold approach. One is from the diversification point of view outside of the stock market and outside of your niche, which is the real estate or hotel conversion that you're doing. How do you diversify your portfolio and how do you do your wealth management? What are the kind of pillars that you have set in stone for that wealth management? And of course, you're doing this for educating kids as well. So let me ask you, Andrea, how do you and your family thinks outside the stock?

Yeah. So we do not invest in the stock market at all. So in order to preserve and grow our wealth for both ourselves and then 400 future generations from now, we use the infinite banking model.

Love that.

Yes. So we're doing paid up additions on a whole life policy and we're maxing those out every year to the level before it hits the UBITDA tax. So we're maxing out and then each year starting next year. The way our policy is set up, our kids policy can be 75% of our policy.

Yes.

So we will open a policy for each one of them each year and max their policy out as well. And then all of the policy's beneficiary is our family trust. And so then if anything were to happen to any of us at any time, that money, that policy goes into the trust and then it'll just create our own bank for our family for generations to come.

Absolutely love that as a part of the trust. I mean you kind of creating the tax advantages as well, right?

Yes.

Especially in terms of the estate tax perspective perception. It's income tax free. But you know, I love what you're doing. Kudos for that. I'm a big proponent of infinite banking. I educate on that. I help people implement that as well. So tell me a little bit more about it that how do you plan to use it? Are you planning to use it for your investing journey as well?

Yeah. So right now we're just building it up kind of like a 401k. You know, we're putting as much money away in it as we can without getting that UBITA tax hit. So we're doing that and we plan on doing that for probably five years. So for right now we're just looking at it like a really great savings account. And then once we have enough built up, then we'll start utilizing it for probably everything like our cars, you know, our real estate and paying ourselves back instead of having to rely on banks.

Yeah. And your kids are, you know, growing. You could use it for education, you could use it for real estate investments. And, yeah, the leftover could be used for the retirement. So. So I love that you're doing that and coupled with the estate planning as well. So thank you for sharing. That is really, really helpful. So with that, you know, we are going to go in the final section of our show, which is a rapid fire round. It's just some fun questions and, you know, quick answers to that. So are you ready for the rapid fire? Yeah.

Bring it on.

Thank you, Andrea. So my first question is that one of the biggest, biggest thing that you have taught to your kids and the generations, you know, through your program, the podcast that you're doing that you think is the most impactful for them, I.

Would say it's what we call our SIS budgeting system. So it's savings, investing, stewardship, and spending.

Okay.

And so any money that they get, we make them break it up into those four categories as percentages. And the max that they're allowed to put in their spending is 50%. And then those other three categories, savings, investing, and stewardship, they choose what percentage they're breaking up into those buckets. And I think for us, it just teaches our kids, you know, for one, don't spend all your money.

Right.

You know, which is huge. Only be a consumer to a certain extent. And then the other piece of it is they get a. See that? You know, if you put money aside into certain things. So like investing, for example, that's where our girls can make these hot cocoa cones. They're allowed to use their investing money to go buy the supplies, and then they have to replenish their investing money and then they can make money with that money. So with it being there already and them having a bucket, they understand, I think, I hope, yes. That if you put it aside and you break it out first, then you have the money. Or like, they just did a fundraiser and so for school, and they're like, oh, we need to look in our stewardship money and see how much we have. And they put all of it. They're like, we want to put all of it to our school fundraiser, you know, and every time they do that, I'm like, okay, if we didn't save this, if we didn't put it aside, would you have that money?

Money. Right.

And they're like, no, I would have spent it all. You know. So to me, I think that's the biggest thing that we're teaching them.

100. I mean, that kind of creating this habit to put it away. That's incredible. I love that. My next question to you is that you look like a very mindset oriented person. So that, you know, one person, one coach, one book or one thought even, sometimes one coach does that. Right. So what is that has changed your mindset for good? That just changed the direction for you completely.

Yeah, that's easy. So it was a book that I read. The author is Garrett Gunderson and it's called Killing Sacred Cows. And when I read that book, it is a financial literacy book and it's also a mindset book. One of the biggest things that stuck out to me was scarcity versus abundance.

Absolutely.

And that was a concept no one had ever talked to me about. And I was definitely more on the scarcity wagon for most of my life. And I would say my whole entire family still is. And so to break free of that, like just with that book, I feel like helped me. And then he's a big proponent of the infinite banking as well. So that's where I learned about it and how to set up that whole system and, and just really plan for my future. So that book by far opened my eyes a lot.

Thank you for sharing that. Killing Sacred Cows, that's the book by Carit Gunderson. I love him too. He's just incredible. Like you said, it's a mindset. It's about the strategy. It's about again that holistic perspective which I always talk about growing, preserving, protecting and passing your generational wealth. Because investors get stuck on a lot about what is the iron at, what is the returns. And you know, can I, you know, at the max, maybe can I reach to the financial freedom. But you know, people like him and I feel the same way that, you know, there is just so much to educate, so much to pass to different, you know, people who do not have this kind of time, they do not have this kind of exposure of people, of connections, of people going to the conferences or, you know, just meeting different type of people. Every person I meet, including you, you teaches me something incredible. So thank you so much for sharing that journey. Last question I'm going to ask is what is the craziest, craziest thing? Whether it's travel, whether it's with your kids that you have done, it's just, you know, you look back at it and you just like can't help laughing about it.

Oh, the craziest thing. That's a hard question. I'm not very crazy. I think I feel like I'm okay.

What is the craziest thing that you would like to do then?

Oh, that might be better.

Yeah.

I would like to live in a tropical place for at least a year of my life.

Nice.

So probably once the kids are all graduated.

Right.

And out of the house. But that's tricky too because then it's like by that time our oldest might be having a family, so then we'd want to be around. But at some point we'll squeeze it.

In there and I'm sure that one year you will figure it out.

Yeah, for a year. So that's probably my craziest goal. Not too crazy. Probably pretty realistic.

I'm getting a lot of visuals with you. Right when I, you know, was going to have you on podcast and I learned about your childhood, I was imagining this little girl with the yellow helmet walking around with hammer. I shared that with you and now I can just imagine you like a diva walking through the forest and tropical place and you know it's raining but take a lot of mosquito.

Knowing me, I'll probably find a hotel to convert.

On that note, we have come to the end of this conversation and this friendship. I look forward to continue it. How can the audience get in touch with you if they want to reach you?

Yeah. So you can visit my website which is investwithgwc stands for Generational Wealth Capital. Or you can check out our kids podcast and listen to it with or without your kids. So it's raisemillionaires.com or you can find it on any of the podcast channels. And then I'm on LinkedIn and Facebook just under my name.

Sure. And we will put all those links in the show notes as well. Thank you so much again being on my show, I have enjoyed this conversation and this out of the box strategy again.

Yes. Have a great day.

Thank you so much. And listeners, if you got this out of the box attitude from Andrea, I think that is the biggest takeaway and I would love you if you have liked this episode, please share that with at least one person. And you know that we are doing our passive power hour where we have the live education for you. So do sign up. Every other Tuesday at 6pm Central is when we are bringing in this live education for you. So I look forward to see you all there. Said thank you so much for tuning in and listening to this episode. Thank you so much Andrea. Gabe, have a good one.

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