Landlord Issues, Losing $30k a Month on Business, Unexpected Invoice

Welcome back to the Mike Andes Podcast, where we discuss the ins and outs of owning a small business. If you're new here, the Mike Andes podcast is all about starting, maintaining and growing your small business. Today we have some special new content for you. We're gonna be taking a ride along with Mike and experience what it's like to run Augusta Lawn Care Services. This week, Mike makes a tough call on whether one of our properties is worth the hassle. Next, we have a business that loses almost $30,000 per month. And finally, Mike receives an unexpected invoice to the tun $334,000. What's the right way to plan ahead when the floor drops out from beneath you? As always, you can get the video version of this over on the Mike Andy's YouTube channel. But let's get in the car with Mike and see what running Augusta is all about.

Today is a very important day and it could go very wrong. I'm actually headed down to the Mount Vernon location, another location I own for Augusta Lawn Care. And I'm meeting with the landlord in and this could change everything.

Honestly, I'm really hoping that they don't make us pay a bunch of back rent for stuff they think we've done outside the lease or like say we have to leave within three days. Cause I don't have the other property that I'm thinking about ready for at least another four weeks. So that's really what I'm stressed out about.

So I only come down here once a week, typically on Mondays. This location has right now just a few employees, but we'll ramp it up to probably five or six next spring. Now, you might have seen the video when I was here several months back and I Talked about having $300 a month as a rent. Well, that has changed. They ramped it up to 800 and now they want to ramp it up to $2,000 per month. Now this location, we're not really trying to grow to like a million dollar business. We're really probably going to stagnate around that $500,000 in annual revenue. And the goal in doing that is to be able to have the general manager actually working out in the field throughout the day as at least three to four days a week, one to two days a week, they're gonna do drive by estimates, but that's why we're not trying to grow it massively. Keep overhead as low as possible by having even the manager working out in the field and then command center taking all the calls, emails, scheduling, invoicing and all the backend work for the office side. Whereas if you have a $1.5 million operation like we do up in Bellingham, you're gonna need a full time manager and estimator just to keep enough jobs and manage the crews throughout the day. Now don't get me wrong, I think it's totally fine if they raise the rents and it's probably worth that much money. This is a commercial lot on a highway that is probably a couple acres and would otherwise be turned like a gas station or a grocery store. I understand it's worth more than 300 and for those are like, well, why didn't you sign a long term lease? I tried 800 but they didn't want to. And understandably because they wanted to leave their options open in case they wanted to ever develop the land and make it into something more than just storage. However, last weekend I was out of town in Memphis for a franchisee meetup and we got a call from command center that they, the GM forwarded to me and like, hey, the landlord says we're not paying rent. They're threatening to come like block us from entering the property. And I'm like, we sent the rent $800. Here's the picture of the check. So I had text the actual property owner and said like, you gotta look at the lease. Because things that were said inside the lease, I've been abiding by it. It says I'm allowed to dump, it says I'm allowed to have update vehicles. Those are the two things that you don't like. But they're inside the contract. So I don't think he actually read it. The thing that kind of annoys me is that they told command sir that I was trying to evade them. Which when reality I've been trying to meet with the property manager twice and they just haven't showed up. And I get it, people are busy and all the rest of it, but don't say that I'm trying to evade or trying to get around you as a landlord and a property manager when there's been twice where we've set up times to meet at the property and go over things together and misunderstandings and you haven't showed up. So literally in five more minutes I'm supposed to be meeting the property manager. We set up a time for 8:30am the crew's already rolled out for the day and gonna see if hopefully they show up because I just want to go over, hey, here's what we're doing, here's what's on the le. The wild card that I have is the fact that I have a property not too far away from here. If we need to move, we can do that. And we're probably going to.

I'm never trying to like make someone look bad or do anything malicious or evade people. I just want to be a good tenant. I know it's like to be a landlord and have bad tenants. I don't want that. All right. The property manager just left. It went amazingly well. I was not expecting that at all. I actually expected it to go really bad just the way like we it. So this is how it happened. So I was getting on a plane, my second flight from Houston to Memphis. That was when command center got the call from the landlord. Then literally he's saying he's gonna have the police come and block access to the property. We get on a three way call at the property manager, had a bunch of discussions, not so happy discussions about the contract and the misunderstanding of four versus eight trucks, the dumping, all of that. And I did not expect this meeting to go well. I really did not. It went fantastic. We gave our 30 day notice, told him, hey, I'll get out of here, I'll clean things up. And it went really, really well. Like massive bullet averted. Because I was afraid that they were going to try like back rent me for a long time and try to get more money out of me. For the past few months we've been here, crisis averted, and we're gonna be moving out of here. We're gonna find a new shop location. Not find one. We already have one. It's about five minutes drive from here. And we're gonna hopefully move there in August. So you'll see that next month. We still got work to do there in terms of prepping for the gravel and everything. But big crisis averted this morning. I'm actually really shocked, to be perfectly honest with you. I'll show you what we were kind of discussing or had disagreements about. So we only have six vehicles. We have three guys out right now. So there's. That's why a few of them are still here. And then they had said that they wanted only four, but in the contract it said eight. So I'm like, look, I'm still fine. This back area, they just scraped all of this with a bulldozer, put all the debris here. This stuff up front though is all of us, all the clippings. And I think the landlord had thought we weren't supposed to dump. And it's like in the contract says we're allowed to dump clippings and I'm sorry that there's a couple bushes, but it's all clippings. And all this stuff back here is just the scrapings from what they did with the bulldozer. So we just kind of ironed all of that out and ended very, very well. 30 days new shot for this location. It'll be good. Like I said, the goal for this location is only about five to six employees, 500 to 600,000 annual revenue. And having the manager where three to four days a week, he's still out in the field working and can be really profitable doing that. That's going to be next year. This year is about stabilization. Getting mostly recurring work, stopping scheduled estimates and larger projects and just making this a more cookie cutter, simplified services and profitable business. And so next year is really where the profits will actually start coming in. This is all about stabilization. So first crisis of the day averted. Fantastic. Now got to talk to attorneys because attorneys like to charge you a lot of money and sometimes you need to negotiate. And one of the biggest costs we have at Augusta is attorneys. So it's time to negotiate. Find any different provider. Sorry, but your law firm is fired.

One thing people don't realize is that franchising is super expensive when it to legal fees and accounting and all the registration because every single state and province that we do business in, we have to register as if we're doing business in that state. So like last week I had to work on Hawaii. This today we're talking to a Canadian franchise attorney because the franchise attorney that we were using before is costing us too much money and we have a really good relationship with our U.S. attorney and we get a good deal. And some people don't realize how much it costs for us to go through all the legal documents, register in the state and, and all the rest of it takes time, money, and every single year we have to renew in every single state. It's a big headache. We spend multiple six figures just in legal fees and registration every single year. So it's a bit of a pain. But with scale, as you have multiple locations in each state, it makes it where it's not so bad financially, but that's why it's so difficult. And that's why I've always said you've got to get to 100 locations in your franchise if you're going to make any money. And that's right where we're at right now. I'm sure some people in the comments, like Mike, you Shouldn't be driving for 30 minutes down to a different location. You should be focused on the franchise. And I agree with you 100%. I shouldn't be spending any of my time on my corporately owned locations because not really a good use of my time. I should be focusing on the things that creating systems and procedures for a hundred of the Augusta locations. And that's why I'm hiring Chuck. Chuck is one of my general managers out in North Carolina that is going to manage my managers and be a support to me so I don't have to do these type of every week meetings. Now. I only go to my corporately owned locations, two of them once a week. All right, so Mondays and Thursdays I have a 30 minutes max at both of those. Not so bad. But still a matter of the more I can get off of my plate at those daily operational kind of meetings that I just stay connected with the team. The more I can put on someone else, the more I can spend time on refining and focusing on the systems of the entire system. And that's important.

But before we contact the attorney, it's time to do a little bit of cleaning. So this is something that when it comes to real estate, I spend less than 10 minutes per week on the real estate. We have 20 units now, gonna have, probably have 23 or so soon and different tenants and stuff like that. However, I spend less than tenants per week. It does about 35,000amonth in revenue with all the tenants and all the rest of it. And we didn't make any profit for the first year or two because we were like improving all the properties and all the rest. We're still cash negative on it because every single time someone moved out of those 20 properties, I would improve the place and invest in it and all rest of it. That being said, we raised rents now. Now we're starting to make a little bit of cash flow. However, Airbnb, I spend now about an hour, maybe two hours a week max on cleaning. Now why are you cleaning, Mike? You should not be cleaning. That's so you gotta do things that are higher value. Okay, well, maybe you're. Maybe you're right. However, it's only our second month and Liz, the property manager and myself are focusing on trying to create the systems and learning all about short term rentals and Airbnb's so that way we can teach the franchisees. Because it's a really good step into real estate. If you're trying to invest, it's a great cash flow vehicle so you can Actually afford the mortg or house hack and pay off your current mortgage and have like a shop, things like that. So Airbnb, we are learning it. We'll have some systems and checklists and things like that and eventually hand it off and not have to worry about as much. But for now we're still in the learning phase. So I spend a little bit of time doing that each week. By the way, for those wondering, this is the new set you've been seeing. On Saturdays when I go live and I do phone calls right here. It's literally right in my living room. That is my living room.

Let's go.

By the way, while I'm here, this was really good. I had a seven day cleanse. All these juices and really kind of breaks the dependency on food and thinking about food all day long. I liked it. It was good. You say, well, what about your bedroom? This is my bedroom and this is where the other set is at. So multipurpose. We can write the whole place off because being used for business.

While I was away in Memphis, someone stole a whole bunch of stuff off my front porch. We got a bunch of Amazon stuff delivered here for the Airbnb's totally gone. Nowhere to be found. That stinks. See, I find myself sometimes sitting in a place, looking up in 30 minutes later, realizing that time has gone by. The majority of my day is phone calls, text messages, emails and zoom calls. That is like my job description. So I've been sitting in my car for 35 minutes, answered two phone calls, four emails and I'm gonna hop on another call right now with the team for the web design. It's a zoom call. We do it once a week. So hopping on that right now. And that's mostly what I do.

Okay, so the call with the attorneys went really good and literally just trying to keep them honest. So went to a different, different firm and we are going to save almost $1700 per signing in Canada. That's super helpful because people think you make a bunch of money on franchise fees. You don't. And you actually usually lose money by the time the registration legal and everything else that goes into it. All the training stuff. So really good that we can sharpen their pencil on that because we do just charge Canadian dollars on our franchise fees and after the Exchange rate of 20, 30% coming off from Canadian dollars, it's pretty skinny. So, all right, just walk into the command center here, see if the media team is slacking off or not.

That's the world's best interview. Oh, no. We have two of them at the same time.

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It's not clickbait. I lose tens of thousands of dollars on this business. I'm going to be sharing it with you today. I'm also going to be sharing with you how I make over $15 per minute. It's going to be great.

Now this is actually where I make all the videos. Right there is where I sleep on the mattress and the closet there. Yes. I come out of the closet every single morning where I make all the videos. This is where we training for the franchisees. It's awesome. Just finished the morning Mastermind. It's called Mike Minute Mastermind with the franchisees. We talked all about how to run a location with a manager that works in the field for three to four days out of the week. So it's to be really profitable. Even at 500, $600,000 in annual revenue running on simple services. It was great. We also talked about balance sheets and income statements and profit and losses and the differences and how debt works on a statement of cash flows and things like that. It was awesome. So now we're gonna get the day started. We're gonna talk about P4P. That is the thing. I'm losing a bunch of money on over $30,000 every single month. I'm losing on pay for performance. Let's jump into it.

So here's the deal. We have multiple people working all around the country on this project. Developers, designers, architects. It's very expensive to find these type of people. So we use a project management software called Jira. It's very cool. We keep track of stuff in terms of to DOS in progress, code review, internal qa, that's quality assurance, uat. And then we put it into production prod all the little features, all the little things we want done. Now there's a massive design change that we are improving. It's going to be fantastic. Let me show you a little bit of it. So for example, this is a software called Figma. So you can see here, this is kind of the updated mobile version what employees will see. Just a really nice clean way of looking at all the data that we already have in there. But just modernizing the site design so it looks super user friendly. And this is the mobile side. The dashboard for the manager side is going to be like epic on desktop. So really looking forward to that. That's the type of stuff that's going to really set things apart and really just taking the data and then synthesizing it, coming up with some sort of actual real world application. What this software does for your employees that you want to say things to and you can't because they'll get mad at you, but we can tell them awesome. Thank you Dustin. I appreciate your time, brother. We'll stay in touch. But ultimately every single month I have to pay those designers, pay the architects, pay the people that are actually doing the web development. And it's a lot of money. So finding developers right now is tough because everyone and their cat wants to build some sort of next software program being Silicon Valley. And every single developer has the ability to be able to make $200,000 at Amazon, so. Or Apple or whatever. So it's expensive, but something I really believe in. Boom. And so it is a project that I'm hoping that will become profitable once we ramp back the production, the amount of work we're doing in terms of development. Once we turned on development later this year, I think we can make it where it at least breaks even and then I'll put money back into it. But it's something I really believe in. Pay for performance. Obviously I wrote the book. Check this out. Pay for performance. I wrote this. Obviously I really believe this is the way that all service based businesses and industries need to pay their employees. It's better for the employees, it's better for the business owner, it's better for the profitability, it makes the company more lean. And whenever you make company lean, the employees and the business benefit more. So if you haven't got a copy, make sure you get the book. But P4P software.com is something I'm very passionate about. It's something that I will by the end of this year have spent over half a million dollars on well in excess of a million dollars and so yeah, still losing about $30,000 a month between the production and then also like the support side, Brad works full time for P4P doing all the support, onboarding, helping people. He's a CPA and so he knows his numbers. He's been on the field doing the actual mowing and been on P4P. Was with us when we switched to P4P. So that is why I'm losing that money. But I believe in for the long run, it's going to be the right thing to do and it will actually have dividends and returns. And I spent the money that last year I was spending in the stock market. That $500,000. That's where it's coming from is when I sold out all my stocks and things like that. So I've gone back into stocks a little bit recently, but not very much. I really sold out a lot into real estate in October of 2021 and then put a lot of the money into P4P. So P4P is a long term play. It's a long term buy and hold.

This is the majority of my life. Zoom calls.

Very exciting.

Oh, check it out. This is Landscape Summit. It's coming up here in January. Got some new speakers, New speakers, Landscape Summit. Check it out. Go to mikeandies.com it's gonna be the best event ever. January 2023, the 5th, the 6th and the 7th. Be here or be square. So if you're on YouTube and you go down here below, there's a whole bunch of links, different stuff that I do. One of them is booking a consulting call. And so this is basically 50 minutes on a Zoom call with me now it is $799. It is very expensive. Do not buy it unless you are a larger company. I have tons of free information that I give away to help people are getting started. But if you have five customers, don't book a call with me, listen to my content and get more. Get more customers. That is the only thing, the only thing you need to focus on gonna die. The only thing you gotta focus on when you're trying to build up to 250,000 or more in annual revenue is closing ratio should be above 50% every single month. If you do that for long enough, you will get to quarter million very quickly. That's what you should focus on now when it comes to these coaching calls, It's a scam. $799, you're grifting your followers. What is this craziness? Okay, so let's check it out. What is this all about? Okay, so, yeah, you're gonna talk to Mike for 50 minutes. You're gonna get a zoom call. That's who Mike is. Okay, Talk to me about it a little bit. Okay, cool. So that right now is all you get, 50 minutes of Zoom call. $799. That is more than $15 per minute. To talk to me say, well, that's stealing. That's crazy. I agree with you. I don't think anyone should do it if you're simply comparing $799 versus buying. I was going to pull my iPad. I gave my iPad away. If you're comparing it to a laptop, okay? So I don't think anyone should buy it unless you're larger. And here's the thing. When someone books a $799 call with me, I have one goal, and that is that when they get off that call, the only thing they think is every single dollar spent was an absolute steal of a deal because it's going to save them tens of thousands, hundreds of thousands of dollars, or at least, at the very least, give them some guidance on something that has to do with their finances. They got to have a massive return on the 799. Otherwise I'd feel horrible. So that's my biggest fear, is when a call like this comes in. Now, when you sign up for one of these sessions with me, you have to fill out this big form and all about your business. I want to know as much as possible. I actually do a bunch of research prior, probably for 15 minutes, to make sure that I know what you're talking about and I know about your business. So specifically, this location today does $4 million in revenue. They do a million dollars of snow, $1.5 million in maintenance, $1 million in landscaping, and half a million dollars in fertilization, weed control. So their profits are about 9%. And his big thing is like, do I do multiple branches or do I keep growing this one location from 4 million to 50 million? What is the pros, the cons? And ultimately, when you start becoming multi millions in this industry and you're doing more simplified services, you start to become a little bored. So it's like, what's going to be the most fulfilling for him personally? And then financially, where's the most fulfillment going to be in terms of return on his investment? So that's what we're talking about in this call. And I personally feel like $800. I feel like hopefully I can offer 10 or $20,000 worth of value to him save him time. And based on my experience with doing lots of multiple locations, having four of my own across multiple states and having general managers, hopefully something is beneficial. That I said to him, I would.

Much rather see you stay at 4 million for 12 to 24 months but go from 9% margin to 15% margin. That business, just from a valuation mechanism is going to double or triple in enterprise value when you start looking at the margins that way. The big thing that everyone's thinking hard about this recession and that's a good thing. But what you have to remember is worst case scenario, you raise your prices now you go into recession and you lose customers and you're going to have extract a contraction of revenue. Now that can be dangerous if you have a lot of debt. If you have debt that needs a $4 million business, a $5 million business to support it, that's when it can get scary.

Now I cannot do these all the time. Okay? I would be go crazy. Do these maybe once every two weeks. I allow it on my schedule because it's not scalable. I love helping people one on one, but it's not scalable. That same time spent making a video could help thousands of people versus just one person. So I do this very specifically because I remember back in the day when I had problems and I just need to ask someone a question and there was no one to ask because my competitors wouldn't talk to me. And so I specifically leave it open for that reason. And that's why it costs so much. It's not costing a lot because I want to make a bunch of money. It's costing that much because I need it to be where I only get one or two of these a month. I don't have the time to spend an entire hour. By the time I research and talk to somebody, I don't have the time to do this two or three times a week. It'd be great. But ultimately it's not about the money. It's about making it to where it's still available if someone really, really, really wants it. The money for this goes directly into the media side of things. So the media group has three full time employees and it has all of that being covered by YouTube and the course landscapebusinesscourse.com and all that stuff. So the money from this goes directly back into the content. But I just don't have the time right now to do this multiple times a week. I only can do this every couple weeks, maybe a couple times a month.

Okay, so it's one o' clock. I still haven't ate yet. I literally stay in that chair for the past seven hours just doing phone calls and zoom calls mostly. This is my day to really get caught up on those. First meeting there with the consulting call that went great, has some really good takeaways. We'll see if we can't can't get the recording for you all. I really talk about how to take a location from $4 million to just scaling up to 10 and even 100 down the road. What that takes in terms of leadership and really building a leadership team. So that was really interesting. That was a lot of fun talking about more the macroeconomics, things that labor and whether you should systematize and scale down and simplify or if you should really just continue to diversify and add more services in their market. So that was really interesting. Gonna go drop this off because our contractor for the headquarters, we are still buying all the materials even though the bank loan has been on freeze. I'm still buying all the materials because everything's so backed up with the supply chain that well, you still got to buy windows and electric, electrical and actually the metal building is showing up in two weeks. That's gonna be fun. So that's kind of the update now. 1:00 clock in the afternoon, still more calls to go and then I'm gonna be heading back to command center. So that's basically a day in the Life P4Pmeeting went super well. You probably saw some of the new updates and things that we're going to be adding there. That's gonna be exciting. But yeah, another day. Here we go. Get the mail. Also one of our locations out in Texas, he's thinking about starting a second location sooner than he thought. Unfortunately he had some health issues, but that is going to force him from being out in the field, which is going to force him basically to really focus on scaling up and working on the business. So he might start a second location. That's fun, that's exciting. Obviously feel bad about the health side of things, but sometimes things like that, like a negative like that can be turn out to be a really good thing because it forces you to depend on others, depend on systems, forces you to scale back on things in the business that are you are the bottleneck or projects or services that only you can do. So I never look at those things necessarily after thinking about it for a bit as a negative thing. So anyways, here we go. Afternoon. We'll see you guys tomorrow. I don't know how to close out these Vlogs. Okay, we'll see you tomorrow.

We've seen it time and time again that the best way to motivate your crew is to compensate them. Not based on their time, but rather based on their performance. P4P enables business to maximize efficiency and keep your employees motivated like no other system. You can pay your employees the smart way with our new P4B software. Automatically updating efficiency numbers, tracking real time projects and giving individual employee metrics on a day to day basis. You can learn more today@p4psoftware.com One last segment for you today. What do you do when you receive an unexpected invoice to the tune of $334,000,000? How to deal with the stress and solve the problem pronto.

Okay, so I have a decision. I was riding up on the whiteboard and it's like 1:30am I didn't get a lot of sleep but I feel very good because I got a lot done. I was writing up on the whiteboard and this is for the mastermind notes that we have. And I think I'm gonna make a video because it's really good. I did go to bed to about 4, slept in a little bit, woke up around 8:30 this morning. Look at this. So 5 stage of growth in a gustamation that we go through every single one of these stages, we literally the business completely changes in terms of things that you're struggling with, etc. From 0 to 100,000 all the way.

Up to a million plus.

They have three different business models, areas where you can actually pause and make the business profitable. And then that parlays with the seven stages of wealth is all interconnected. And this is what the mastermind for tomorrow morning is going to be all about. This is what we talk about. Augusta Nation. I love this. I think I'm going to make a video right now. Usually I wait till 9:30 Pacific Standard Time, but you know, I. What? I think I'm gonna sit down and knock this one out. I'm really looking forward to it. I'm feeling fantastic. So I'm gonna go get my hair cut now. I used to back in the day not cut my hair for months and I was very, very cheap. But I decided that if I'm gonna be in front of a camera, I need to have a consistent look that is nice and clean and tight. I don't have a beard. Two reasons why. Number one, I started to look at presidents, CEOs and none of them had a lot of facial hair and beards and all the rest of it, be professional. Second thing is, if I did try to grow, it wouldn't look like a work of art. Like, see Kevin Fairburn, one of our owners out in Mississippi, he has a work of art. If I tried to grow a beard, it would literally be like the Mona Lisa. You'd look at it, and you'd just be like, what is going on?

Everyone's saying, michael, you should not be videoing while you are driving. Okay, sorry, cell phone police. You're probably watching this video while you drive. Bad news. I just got an invoice, $344,000 from our contractor for the headquarter building. What does that mean? Well, that means that I need to get this bank loan thing figured out. So I'm literally gonna go marching down to the bank off. Actually, you know what? I'm gonna call the bank loan officer right now because I'm about to have my hair cut. Nothing like talking to your banker during a haircut. Okay, but, man, we got to figure this thing out. They're just dragging their feet, so probably going to call them and then go literally drive over there and rattle their. Rattle their bell because the SBA is just super slow. It's been a year. We got to figure this out, and if we don't, I got to go figure out a commercial loan and figure out a huge down payment. So, yeah.

The haircut was successful. The banking call, not so much. I'm driving there right now, and, like, it's just so frustrating.

So, of course, the manager was not there at the bank, but I was able to send her a voice note and just try to shoot it straight with her and be like, hey, whatever I can do to make this thing go faster, let me know.

Hey, I get it. My account has been switched around five different times at the bank because of COVID Like, through the past couple years, literally, my banker has changed five times. So trying to stay positive, but I can't afford to be building this entire 3.3 million dollar project out of pocket. So the 344,000 is the whole shell of the building, which is being delivered next Monday, which is gonna be exciting to show you guys. But I can't pay for the whole thing with cash. I need debt. So we'll figure it out, but it's never fun dealing with these banks when you're in a time crunch.

Okay, so my house is, like, literally two minutes from the bank. So came back here, got changed back into my uniform, headed back to the office. But here's the problem at this location, I have Airbnbs on both sides of my unit. The problem with that is I can't record at 2 and 3 in morning. So last night you say, you are up so late, you should be getting more sleep. You're probably right, but that's the time when I can record. So I went to Blaine where it's a commercial building so I can record late at night and you say, well, why are you doing that? Well, we are recording because landscapebusinesscourse.com is getting launched today and the whole brand new version of it. So I'm really looking forward to it. Where's my keys? I'm looking forward to it because landscape. Here's a little bit of history for you. Okay, so landscape businesscourse.com was started six years ago. It was literally started a couple weeks after I. What's beeping? Anyways, it was literally started a couple weeks after I got in an accident and got all these lacerations on my neck. I was underneath a PTO of a, underneath a dump truck and the PTO caught my hoodie and I got all these cuts and everything. So those past videos, you can still see the cuts on my neck now, six years later. Fast forward to day. A lot of business principles are like tried and true. They don't change. But there's also things that do change and some of those things are my opinions about things like budget hours, pay for performance, the way that you do estimates, the speed at which you do them, all that good stuff. So I'm updating landscapebusinesscourse.com and we're changing the model completely so you can check it out. Landscapebusinesscourse.com People still sign up, still get a lot of value from it, but it's gonna be off the charts. Amazing. Now as of today, we are launching it, so go check it out. I'm really looking forward to it and I'm trying to do at least one brand new video and a brand new topic every single month for members. So it's gonna be a lot of fun.

Okay, someone asked me about supplements. Do I have them? Yes. Do I think they're necessary? No. But if I can get just a 2% edge by getting some supplements. Great. Okay, so what do I take first off? First off, I take a creatine amino acid, multivitamin. What else we got in here? Oh, I think there's a turmeric today. Yeah, turmeric. Okay, so I alternate turmeric and a fatty acid like omega 3, omega 6 fish oil. Nice little combo. I Alternate those days back to back. But I miss days all of the time because I'm always back and forth between the two different houses. And it's not a big deal. Like five times a week I'll take supplements. Now I take the creatine and the amino acids mostly because I do lift weights twice a week, maybe three times a week sometimes. And so it helps just with the recovery of the muscle. I'm never going to become super jacked or built because I do high intensity cardio. I love to do trail running and I want to ultimately be doing that when I'm 80 years old. So I'm not going to be like lifting 300 pounds.

This is what it looks like. This is the five acres that the headquarters for Augusta Nation is going to be built hopefully in about eight to 12 months, let's just say like that. So I'm here today because this is the last time you will ever see this virgin piece of property sitting here in all of its glory. Because literally next Monday this place is going to have a massive piece of structure infrastructure. Right here the metal building is being delivered. So these massive metal buildings get delivered on trucks.

Really Monday we have a building being delivered here for the actual framing of the pole building is going to be showing up. It's like seventy by a hundred. I don't know. It's gonna be right here. The big building's gonna be on this side. We got five acres, goes way back in those trees. And here's the problem. The reason I'm here right now is because I gotta take a video. Cuz this whole ditch, we got to get it all wiped out because the surveyors gonna come here on Monday. And furthermore, I've got a mow like the front two acres of this bad boy. And we don't have any really massive mowers. So I'm really hoping that Hustler comes through and one of these other brands is like, hey, Mike, we'll let you use a mower for a video. And I'm gonna mow this bad boy because by Monday this needs to be cleared out. So hopefully Friday I can get back here and we can mow this thing down. But for now, this whole ditch needs to be cleared out because they're gonna bring a surveyor here and figure out where our entrance is gonna go. Which is probably gonna be a right there next to the car, which is like the middle of the property that'll go in. There's gonna be a massive building right there. I don't know, 14,000 square feet. It's too big, but it's probably going to be outgrown within a year or two. And then a whole bunch of parking. And the back, there's going to be a massive tank for water. And those trees where you see those trees, like everything on this side is ours. It's only half the property. There's plenty of space in the back there to grow. So that's exciting because you will no longer see tall grass or this wonderful piece of property being natural. It's going to be artificial infrastructure. Looking forward to it.

But that is what that $344,000 invoice is all about. Because that's going to be the final payment on the building that's being delivered. We've got windows, electrical, a whole bunch of stuff literally sitting in containers ready to go. But that building is a big piece of the material cost. The metal infrastructure and the cost of steel has gone so much up. It's come down a little bit, but it's still crazy expensive. But we finally got it here and even though we don't even have a building permit quite yet, it should be here any day. Even though we don't have that, we needed to get ordered the building because we've been waiting on that building since we ordered it for like six or seven months. So glad we finally got it. It's gonna be delivered August 1, 2022, and from then on, that's gonna be a construction site. Finally. Finally. Now he's gotta figure out this stupid lone thing. Now, hopefully this is what the property is gonna look like in a matter of a few months. I like seeing construction. I like seeing big excavators. I like seeing dirt. I don't know what they're doing, but that's what our property needs to look like. Yeah. I'll get a blueberry spinach smoothie with almond milk and protein, please.

Thanks so much. Take care. All right, I'm almost back the office, it's just after 12 o'.

Clock.

I can only really show you the morning stuff that I go through because I got a video it all. Then give it all to Steven and he's got to edit it all. So you better push the like button for all the work that goes into these bad boys. But just got off the phone because there's one other thing. I'm working on that today and that is actually our church. So my dad started a church a year ago. I'm very proud of him for doing that. But we've been renting for the past year and so we've been looking for a building, and there's a great, great building not far away from where we currently rent. It's going to be a great deal. Here's the deal. A non profit. Whoa, dropping the phone again. Goodness gracious. Trying to drink, drive and record. Okay, so. Oh, I'm sure everyone in the comments like, you got to get a mask, you got to get mount. Okay, see, I got him out right there. Okay. Very safe, Very safe. Okay, so this building, a non profit church, trying to get a loan after less than a year of him being in operation. Very difficult to get a loan. So what are we gonna do? Well, today my dad was talking to the other, the owner of the building, and they kind of mentioned lease to own. And I heard those words and it did something very beautiful inside of my eardrum. So we're probably gonna submit two letters of intent, and one is going to probably be a purchase price for cash to buy the property. Another one for a higher price, probably 20% higher, will be to lease the building. A lease to own for three years with a balloon payment at the end. But what's nice, at the end of three years, the church will easily qualify for a loan. So that's just something else I'm looking at. But that'll be fun, too. So. So anyways, lots of bank stuff today. We got loans here and loans there and everywhere. But ultimately, I like, I don't mind having loans on something like real estate that goes up in value. I'd much rather have loans on real estate and a big building with metal and sheetrock and beautiful windows than I would a truck or piece of equipment that buying right now might be $80,000. And as we catch up with all of the supply chain stuff, not only are you finding depreciation of the asset, you're going to be fighting the fact that this bubble that we're in when it comes to vehicles and equipment is going to pop. So we'll see you all tomorrow. I'm pulling in the command center. There's Lonnie trying to wave record. Turn. There it is. Okay, cool, we made it. Command center, here we come.

This has been the Mike Andes podcast. We hope you enjoyed this look into the daily life of Mike. We have tons more lectures, interviews, and more on the Mike Andy's YouTube channel. Anyways, that's all we have for you today. We'll see you next time.