Property Management in West Palm Beach Is Easy with Home Property Management!

really Dave Dave owns investment property in South Florida and like all investors Diggs worries about tonnage damaging his property not paying their rent on time or how he would handle an eviction what Dave needs is to find a local property manager but who can he trust when Dave found home property management com he discovered a team of local property management professionals who’ve sent millions of dollars in rents to thousands of Palm Beach County landlords unlike some property managers that offer lower fees upfront but then add hidden fees later whole property management com offers a ferry bua policy that is totally clear from the start also knowing that seeing is believing the home property management team sent Dave a private video on youtube at the end of every lease so Dave can see every part of his property from the inside of the oven to the condition of his rose bushes of the backyard also by logging into home property management com dave is able to keep an eye on costs from anywhere in the world and on average Dave burns from ten to twenty percent more than managing the property himself and that makes Dave really happy call or check out home property management com today the smartest way to have your investment property managed you

Management 3.0 Hands-on Leadership Workshops that You Can Take Home

management 3.0 workshops are all about hands-on practices based on the latest leadership insights and management principles but wait a workshop isn’t that about boring days filled with awkward conversations with total strangers don’t worry in management 3.0 workshops you will enjoy entertaining exercises and have inspiring conversations attendees often tell us they feel a sense of belonging when they find out they are not alone in trying to improve their organizations the management through phono workshops are about enthusiasm and experiments about sharing caring and exploring we want people to enjoy a fantastic couple of days while helping them to become better managers and better creative workers we do that by offering actionable practices that you can use right away are you ready to make a difference while having a great time sign up for a management 3.0 workshop near you today

Overcoming Drug & Alcohol Addiction | The Raleigh House

Nothing is scarier then staring down addiction It doesn’t blink as it devastates families and lives I’m Eric Lapp and I founded The Raleigh House because no one should confront addiction alone successful treatment is more then just sobriety it’s about discovering your best self and our caring team can help you find it whatever your addiction you deserve a fresh start at The Raleigh House your recovery is our passion.

MAKE MONEY WITH NO MONEY WITH ROBERT KIYOSAKI, RICH DAD POOR DAD -Robert Kiyosaki

(upbeat music) – Hey guys, welcome to AdvancedLessons in Millennial Money featuring Robert Kiyosaki. I’m Alexandra Gonzalez. In this episode, I got a chance to speak with Robert Kiyosakiand his real estate expert and Rich Dad advisor, Ken McElroy. For over two decades, Ken McElroy has experienced massive successin the real estate world from investment analysisand property management to acquisitions and property development. With over 750 investmentdollars in real estate, Ken offers a unique perspective in how to get the biggestreturn on your investment. One of the topics Robert talks about is using debt to get rich. We get a lot of questionsabout how that actually works.Let’s listen to how Kenand Robert pull this off. – So, Kenny, you wanna say anything about the beauties of debtand how you learn to use debt to get rich? – Sure, sure, well Ithink when I was your age, everybody just said stay out of debt. So, it wasn’t until later that I realized that you can use it and youcan use it to buy assets. So, it’s a big difference,doing good debt and bad debt, but essentially, all itis, it’s a form of money from somebody to buy something in a loan or a mortgage orwhatever you wanna call it.So, it’s just money. And so, being able touse money from a bank or from a life company or a pension or something like that. – Or an investor like me. – Yeah, or an investor. In the form of a loan or equity is the most importantthing that you could learn because I think I certainly grew up with no money and my parents didn’t either and we always used to haveto save for everything that we always did, it was always how much money can we saveand then we can buy something and it wasn’t until later that I realized that when you use debt,you can actually do it, you don’t even have to have any money.You just use other people’s money. – When you go to the bankand ask to borrow money, your bank is going toconsider how much debt you can have based on netoperating income or NOI. Not sure what that means? Let’s listen to Ken explain. – NOI means net operating income, so if you really think about it, it’s just income minus expenses. That’s all it is. And so, it’s important to knowwhere you are financially, so a banker’s gonna look atyour income after expenses so that’s a great way to see it. – It’s really quite simple.So let’s say, I’ll keepthe numbers simple. You have a thousand dollars income and you have 500 dollars in expenses, this is a prop. – Yep, so you have a 500 dollar NOI or net operating income. – So why is that important? – Well, the banker looks at that number because that’s the number that they see to be able to pay backany debt you might want. – [Robert] Right, this iswhere this comes in, right? – Correct. So, they’re gonna lookhere and they’re gonna say, okay this person has 500 dollars in NOI, therefore we can give them a loan, say up to 350 dollars, 250 dollars or something like that.So, they’re not gonna give youa loan for the whole amount because they don’t wantyou to be that tight, so what they’re gonna do isthey’re gonna look at the NOI and say, how much can we loan you? – Now that we’ve learnedabout debt and NOI, what role does the property play when seeking funding for the investment? Robert and Ken discuss. – Okay, so when Kenny calls me and says, I have this property. It’s in horrible condition,there’s no income, there’s expenses all over the place, you get excited right? – Yeah, so I do. It can work the opposite too. So a lot of people get hung up here because they don’t havea financial statement or any way to go to a banker, let’s say, but sometimes a banker will look at the property itself.So they’ll say, likethe one you explained, they’ll say well this has a bad NOI on it, why would we give you money? You know what I mean? And so that’s when thefinancial education comes in and you say, well this iswhat I plan to do with it. – Correct, what Kenny is saying, we’ve had, I’m keeping the numbers simple.He’s had income of zeroand this is a thousand. – Yeah, so you’d have a negative NOI. – And the banker goes, tell me why. – I can’t lend on that, right? Because it’s a higher risk of being able to be paid back. – My next question was how can you use NOI to determine the value of a property when you’re looking to invest? Let’s watch. So how can you use NOI to determine the value of a property,of an investment property? – So, the NOI or the net operating income determines the value. What you back into it with another vehicle called a capitalization rate or cap rate, so it’s actually, we’regetting a little technical, but typically, the caprate or capitalization rate divided into the NOI determines the price. So that’s generally how that works. But in the case thatwe were talking about, the value of the buildingwith no tenant in it – Is way low.- Is way low. And there’s really no income. So it’s basicallywhatever the structure is.So I’ve seen lots of situationswhere a vacant building, somebody might’ve spentfive, ten million dollars on a building that’s completely vacant, vacant warehouses,vacant whatevers, right? Sometimes you see ’em getconverted into clubs or whatever. Well, there’s value there. Somebody spent a lot ofmoney on it at one time. Somebody owns it, too. It could be a bank, it could be whatever.So taking that and creating value, sticking a restaurant in it, a gym in it, a club in it, it doesn’treally matter who’s in it. Well it does because youwant them to pay you, but now you’re creating the income. And that’s how you create value. So in that example, let’ssay you buy a building for a million bucks on a block. With a tenant in it, it could be worth three, four, five million. – If it’s a tenant in it, the value is up. – Yeah, right? ‘Cause now, what you do isyou put all that together and then you can actually sell it.- Got it. And so, even if the NOI is negative, if you create a plan thatcreates value for the property, it shows the increase that you’re gonna give the property’s value, the bank will give you the loan. – Oftentimes, yeah. – [Robert] Not always. – Not always.- Not always, but there are ways to do it. So, in that particularcase, you might get a loan from somebody like Robert. Say hey, you know, I need a million bucks and this is my plan. And then once you get a tenant in it, then you go back to the bank and you say, hey give me a loan.And then they give you aloan and you pay Robert back. – Every investor should be looking at ways to increase income and reduce expenses. But have you ever wonderedhow that’s possible? Ken gives us a secret. – So the thing that Kennyis always looking for is after we stabilize the building, he’ll tell me, he sayslook, in five years, I’m gonna get this from onethousand to 10 thousand. – [Ken] Yeah. – And I’ll go, okay, so I know I’m in it for five years with him as an investor. And on top of that, we’regonna reduce the expenses back to 500. NOI goes up, the value goes up, the debt goes up to let’s say 10 thousand. Does that makes sense to you? – Yeah. – So I have a friend, for example, he actually bought a buildingin a town up in Idaho where I have a vacation housefor about a million bucks and it was sitting, itwas an old Elks building, beautiful building downtown.But it had been vacant for a long time. He bought it and he putlike 30 offices in there, small offices, you know1500 to 2,000 feet each and grew the revenue, right? So everybody pays. – [Robert] So the income went up. – Yeah, you know what I mean?- Yeah. – So he broke it up and leased it up. So he has his expenses, but now he’s got 30 people paying rent as opposed to just onebig vacant building, he turned it into a prettycool workspace for everybody. – Kenny, in his third book,Advanced Guide to Real Estate, his job is to get thisup, keep this stable, then he goes back to the banker and says, look, we’ve got all thesetenants, money’s going up.And so now we want 12 thousand dollars because he’s improvedincome, kept expenses low, building’s more valuable. – Yeah, the key there is the bank’s always looking at your NOI topay back their loan. So the more you can grow that,the more loan you can get. – And so, essentially, therenters are paying your debt. – Of course. Essentially, so if thatbuilding I was referring to goes to 50 percent vacant,now he’s in trouble. But if he can keep it full, so now you’re getting into management, but regardless of that,that’s how you do it. There’s opportunitieslike this everywhere. – Once you’ve bought all these apartments, someone has to manage it for you.Unless you wanna run theapartment building yourself, you’re going to need agood property manager. Here’s the importance of agood property management. And I know that anotherthing that you always mention in all your books and theABCs of Real Estate Investing is that property managementis very important. Poor property managementequals poor profits, right? And so, I wanted you to kind of explain the importance of the property management. – Well, essentially allproperty management is is taking care of theproperty in every way, so taking care of the people that might be inside of this building, you know, for various things thatcome up from day to day, collecting the rent andpaying all the expenses. That’s really all it is.And so the property manager’s job is to make sure the place is clean and that things are gettingrented and all those things. And so the owner of the building would hire a company like that or they could do it themselves and basically keep the place full. So in our world, we have aproperty management company that we have about 300 employees, all we do is focus onthis, these two things. How do we keep our expenseslow and keep our income high? Because we’re alwaystrying to grow our NOI so our NOI, you know we have a budget for let’s say, 2017 or 2018 or 2019, the goal is to grow that NOI each year. – And Kenny’s done such thingsas the way he grew the income was, this is a little common, he put washing machines,right, in the units.There are no washing machines. And so when he put washingmachines in the building, this went up. – Yeah, so in my apartment houses, we would buy apartment houses that had washer and dryerhook-ups but no machines. And so the people would walk down to the laundromat or whatever, and it was a bit of aninconvenience for the people and all that. So, I said, well let’sjust buy for 650 dollars, we can buy a washer and dryer set and stick ’em in all there. And we did that. And so I probably boughtthree or four thousand sets of washers and dryersfor a lot of our properties and so now all of a sudden, we can charge 75 or a hundred dollars more in rent.- [Robert] And this goes up. This doesn’t go up as much. – It’s a win-win. Because they have to gospend some money anyway to go do their laundry, now they can do it here and for me, if I can pay back those washers and dryers in one year because it’s only 650 dollars for a set and if I can get 75 dollars more then all of a sudden, I’ve got 900 to almost a thousand dollars more in rent.So I’m actually, it’s whatI call a one-year payback. – So what Kenny does, heborrows the money here to put washing machines in here. Again, the tenant pays it all off and the washing machines stay there. – And I think that’s a brilliant idea because I know that both of you have created incentives for the renters. So for example, if they stayed for a year, you would do certain renovations like including the washing machine. And so, every year, therewas another incentive, which not only increasedthe property’s value, but also the renter’spaying for it essentially.- [Robert] And the banker is happy. – My last question was pulled straight from the YouTube commentsthat you guys left. I asked Robert how wouldyou respond to critics who say real estate isa slow lane approach to getting rich. This was Robert’s reaction. Well, one of my last questions is what would you guys respond to the critics who say that real estate is a slow lane approach to getting rich? – [Robert] They’re entitledto their point of view. – Yeah. That’s fine with me. I can’t think of another. I mean, I think it’s really super simple. Real estate is very slow and very dumb. – Every month, we got cash flow. – Yeah, you know. I like that, I like we’re notbanking on something going up. This is called creating value. We’re not parking our money in something and hoping it goes up.This is very strategic. – Perfect. – Everybody’s got their point of view. Most people wanna get rich quick. That’s why they never get rich. – [Ken] Yeah, this is not that. – [Robert] Yeah, thisis financial education. This is smart, this is having your banker be your partner. – Yeah, and these arelong-term assets, by the way. This is business, this islike managing a business. We would not sell these.So, unlike the stock market or something, we’re not trying to time things. We’re trying to generate cash flow here and then move to the next one. – Okay, great. – So, can I give you one last thing ’cause those guys always upset me? So what Kenny does, he increases this, fixes this, and then when this goes up, he gives my money back. So I might give Kenny a million dollars for five years, let’s say. He increases this, decreases this. The bank says, oh yeah, NOI is up, so he puts all this money in there. I get my million dollars back. I still own the property. I still have the cash flow going in. So all you guys wanna get rich quick, it’s called an infinite return, right? – Yeah, and it’s tax free. – [Robert] It’s tax free. – The reason it’s tax freeis because when we use debt to pay back debt, it’s debt. So it’s owed. So, when Robert gets his money back, it’s actually tax free. – [Robert] Yeah, let me say I lend Kenny, and this is pretty common numbers.I lend him one million. He fixes all this, the bankgives him three million. I get my million dollarsback and that is tax free. I get it back. And I still own the building with Kenny. – So yeah, so to your question, you gotta wonder why if youcan invest a million dollars and get it back tax free and still have lots of cash flow– – [Robert] And still havethe cash flowing this way. – Why somebody would think that. It’s a pretty simple model. – And that’s it for this episode of Advanced Lessons in Millennial Money. If you like this video,give it a thumbs up, subscribe to our channeland comment below. (speaking in foreign language) (upbeat music) – Who say real estate is a slow– Slow lone preach.How would you exp– My last cut– My last question was pulledstraight from the comments (laughing) I’m sorry..

How to gain control of your free time | Laura Vanderkam

Translator: Nawal Sharabati Checker: Riyad Almubarak When people know that I write about time management, they assume two things. First, I’m always punctual, and I’m not. I have four young children, I would like to blame them for the reason for my delay sometimes, but the reason for my delay is not just their fault. One time I was late for my own conversation about time management. (Laughter) We had to taste the irony together. The other thing the audience assumed was that I had a lot of advice and skills To save some time here and there. I will sometimes hear from magazines that create stories like this: How to help their readers find an extra hour a day. The idea is that we save a little time in everyday activities and put them together. And we will have time to do useful things. I doubt the whole hypothesis about this part, but I am always interested To hear their findings before communicating with me. Here are some of my favorites: Do tasks where you just have to make shifts with the right hand – (Laughter) Be very logical in using a microwave: The food packaging directions, three to three and a half minutes And we get it completely by placing it on the underside My favorite thing about me is a bit of logic Is to record your favorite TV shows so you can skip commercials. In this way, you save eight minutes every half hour So when you watch TV for two hours, You have 32 minutes of exercise. (Laughter) This is true. Did you know another way to find 32 minutes of exercise? You don’t watch two hours of television a day, do you? (Laughter) Anyway, the idea is to save a little time here and there and bring them together We will finally get to do anything we want to do. But after studying how successful people spend their time And consider their agenda hour by hour I think this idea is completely counterproductive. We do not build the lives we desire by saving time. We build our lives that we want So it saves itself on its own, and that’s what I mean. I recently made a project to write down time And consider the 1,001 day in the lives of very busy women. They have urgent business, and they often have their own business They have children to care for, and they may have parents to care for And they have community obligations – Busy women, very busy. I followed their schedule for a week So I can add how many hours they work and how many hours they go to sleep I met them to talk about their plans for my book. One of the women I study their time record I went out on a Wednesday night to do something I came home and found the water heater Had burst and that the water around the basement has. If any of you ever happened You know it is a huge and frightening destruction, and anarchy. So, I immediately dealt with the event that night The next day the plumbers came The next day, a dedicated crew cleaned the destroyed carpets. All of this was recorded in the time record. In the end, it took seven hours of the week. Seven hours. This is like finding an extra hour a day. But I’m sure if you asked her at the beginning of the week “Can you find seven hours of triathlon training?” “Can you find seven hours to guide seven worthy people? I’m sure you’ll say what most of us will say, which is, “No – don’t you see how busy I am?” When she had to find seven hours Because the water around the basement, I found seven hours. This shows that time is very flexible. We can’t create more time But time will stretch in line with what we choose to put in it. So the key thing about time management is dealing with our priorities As happened with the explosion of the water heater. To reach that, I want to use the language of one of the busiest women I’ve ever met. I mean, she’s busy, she was running a small business With 12 employees on the payroll She has six children in her spare time. I contacted her to determine an interview About how her “all this” work – that phrase. I remember it was Thursday morning And you’re not ready to talk to me, sure, right? But the reason she couldn’t talk to me Is that she was on a walk It was a beautiful spring morning She wanted to go for a walk. This of course made me more interested When I finally met her, she explained it to me She said, “Listen, Laura, everything I do Every minute I spend, is optional. ” Instead of saying: “I don’t have time to do this, that, or this” She said, “I don’t do this, or that, because it’s not a priority.” “I don’t have time,” she said, often meaning, “It’s not my priority.” If you think about it, it’s actually a more precise language. I can say I don’t have time to dust my curtains But this is not true. If you offered to pay me $ 100,000 to remove dust for my curtains I will make it very clean and quickly. (Laughter) Since that won’t happen I can admit that it’s not a shortage of time I just don’t want to do. The use of this language reminds us that time is an option. And for recognition, There may be serious consequences for making different choices, I will give you this. But we are smart people And in the long run We have the power to fill our lives with things that deserve to exist. So how do we do this? How we deal with our priorities As the broken water heater has been treated? Well, first we need to know what our priorities are. I’ll give you two plans to think about that. First, the professional level: I am sure that many people end the year They give or receive reviews of their annual performance. You look at the successes of the past year, “your chances of development.” This serves the goal of the year. But I find it more effective if we do this in advance. So I want you to imagine that this is the end of next year. It will give yourself a review of your performance It was an absolutely wonderful year for you professionally What are the three to five things you’ve done that made your year wonderful? You can write a review of your subsequent performance from now. You can also do this at the level of your personal life. I am sure that many of you, like me, come December He gets cards with colored folded papers, It contains what is known as the family holiday message (Laughter) It’s a kind of really miserable literature! About how everyone at home was awesome, or even brilliant, And how everyone is busy in the family But this message serves a purpose It tells your family and friends For what you have done in your personal life throughout the year. It is a kind of annual achievement But I want you to imagine that we are at the end of next year It was a wonderful year for you and the people you care about. What are three to five things you did that made your year amazing? You can write your family holiday message from now. Don’t send it. (Laughter) Don’t send it please! But you can write it down. Now, review performance and write a family holiday message We have a list of six to ten goals we can do next year. We now need to divide them into actionable steps. You might want to write a family history. First, you can read the history of other families, to get used to the style. You may later think about questions you would like to ask your relatives And schedule them for an interview. Or maybe you want to run a five-kilometer race You need to find and register a race, and know the training plan And take out your shoes from behind your cupboard. And then – this is important – We deal with our priorities as has been dealt with a damaged water heater By putting them on our agenda first. We do this weeks before their time. I find the good time to do this is Friday afternoon. Friday afternoon is what an economist might call a “low-cost opportunity” Most of us don’t sit on a Friday afternoon To say, “I’m excited at this moment To make progress towards my personal and professional priorities. ” (Laughter) But we want to think about what these priorities should be. So, take a little time on Friday evening Make a list of priorities in three categories: job, relationships and self. Reminiscent of making a list of three categories That there must be things in all three categories. Function, think about – Relationships and self – not much. However, the list is only short Two to three items in each category. See later in all categories for next week And see where you can plan them. It is up to you where you want to plan them. I know it will be more complicated for some people than others. I mean, some people’s lives are harder than others. It won’t be easy to find time to take a poetry lesson If you are caring for a number of children on your own. I understand that. I do not want to minimize anybody’s conflict. But I think the numbers you’re about to tell are effective. There are 168 hours a week. 24 hours multiplied by 7 days equals 168 hours. This is a lot of time. If you work a full-time job, 40 hours a week You sleep 8 hours a night, 56 hours a week This leaves 72 hours for other things. This is a lot of time. You say you work 50 hours a week, Main function and side activity. Well, this leaves 62 hours for other things. You say you work 60 hours a week. Well, this leaves 52 hours for other things. You say you work more than 60 hours a week. Well, are you sure? (Laughter) There was a study comparing people’s estimated working weeks with their time schedules. They found that people demand more than 75 hours a week It was about 25 hours more than usual. (Laughter) You can guess in what direction, right? Anyway, with 168 hours a week I think we can find time to do the things that matter to us. If you want to spend more time with your kids You want to study more for an exam you will attend You want to exercise for three hours, and volunteer for two hours, you can. This is even if you work more hours than full-time hours. We have a lot of time, that’s awesome! Guess why? We don’t need that much time to do amazing things. But when most of us have little time, what do we do? We pull out the cell phone, right? And start deleting emails. Otherwise, we hang around the house, or watch TV. But small moments can hold great power. You can use a little time for a little fun. You may choose to read something beautiful while on the bus on your way to work. When I had a job that required two buses and a subway every morning. I used to go to the library on holidays to get things to read. Making the whole experience almost enjoyable. Work breaks can be used for meditation, or prayer. If the family dinners abroad because of the busy work schedule A family breakfast can be a good alternative. It takes time to look at each person’s time and see where fun things can work together. I really believe this! There is time. Even if we are busy, we have time for what matters. And when we focus on what matters We can build the life we want In the time available to us. thank you. (clap) .

Property Management Services. St. George, Salt Lake City, Pocatello, Idaho Falls

welcome to BMG rentals a property management company if you’re looking for a place to rent check out the video tours right here on our website these tours are like having a friend walk through the home for you this saves you the time and money of driving around town when you find a home you like give us a call to schedule an appointment to view the property and then simply apply online our current tenants enjoy the convenience of paying their rent viewing statements and submitting maintenance requests through our secure online portal if you’re a homeowner thinking about renting out your house be sure and download the owner information packet this includes a full explanation of our management system answers to the most frequently asked questions a sample management agreement and what to expect when turning your home into a rental you and your property will benefit from our in-depth tenant screening and our thorough property inspection program feel free to contact us to discuss your property we are happy to give you the numbers and information you’ll need to make the right decision if you’re an investor you’re going to love our services we started this company as property owners ourselves we wanted a better management system we developed our program to work for investors and not against we do not charge set up leasing or other fees that add to the expensive turnover vacancy and maintenance property owners we understand that vacancy and turnover are two of the biggest expenses that you have to deal with and we do not capitalize on your losses through these junk fees our management system works with your best interest in mind plus you’ll be able to take advantage of our smart online owner portal with financial statements real-time reports to track income and expenses customized accounting reports and year-end tax statements when you hire us you’ll get a dedicated property manager assigned to your property as well as an entire team of professionals working for you thank you for visiting our website if you’re looking for a place to live or want us to manage your property we’d love to hear from you you you

Invest In Real Estate With No Money: What Is A Lease Option

Mark this video, you have asked and I’mfinally going to do it, I’m going to break out as much information as I can for you onYouTube on how to successfully transact lease options. If you’re looking for howto do real estate with no money and no credit and you want to do a deal in thenext 90 days regardless of your age or financial situation, friends, that’s whatyou’re going to find. Now I need to ask a favor of youbecause I can’t fit it all into ten minutes but what I can do is break itout in the next four videos and I’m bringing my business partner, StevenMiller onboard and the two of us are going to tag team and we’re going to rockout your lease option world in these next four videos to show you everythingfrom A to Z on how you actually successfully do real estate deals so inthe next 90 days, you can take a check to the bank.Alright, if I get one more commentwhere you guys are like, “What is a lease option?” I’m like, that’s it, we’re going tocreate a four part video series and we’re just going to give it all to youand we’re going to lay it down because if anyone else has one morequestion that I’m like, “Kris you keep leaving this out, what do you mean bythis?” I’m like, alright we’re going to create the definitive right now and it’s going tostart in this first video talking about what is a lease option, what are thenumbers, and it almost makes me feel like rapping even though I’m white and Ican’t. Kick up a beat. Lease options, so cool, get in, learn the stuff, it’s amazing. – We will never do that again, that is never happening again. Alright, so redeeming qualities however isthat we can teach you this.. – Kris, so we’re talking about lease options andbefore we get into the how-tos and the marketing of it and the contracts andwhatever, can we get into why they would want to do a lease option, like how doeshow does a lease option differ from maybe your typical rental.- Okay so, let’sget it, most basic concept and real estate is buy a house, rent it and makemoney and you know that’s a real deal, you can buy a house, you can rent it, youcan get a cash flow, if you hold that house long enough, you’ll eventually sellit for an amazing profit, you’re going to get cash flow because the market isalways what? Going up. It might be going down and up, down and up but over time, itis always inflating and it’s always going up so in time, you’re going to get agreat return. We’re simply going to share with you an alternative today likeSteven is saying of how you make a lot more money and today, we’re talking aboutthe 40K swing.In other words, lease options at a minimum, on average, give you$40,000 more than a straight rental.So a lease option is best said in one of twoways, you might be familiar with rent to own.. – Well that totally makes sense. – Irent it until I can own it and on a more sophisticated level, it’scalled a lease which is a rental agreement with an option to purchasewhich means, oh you mean I could get in this hole so I can rent it and then Icould have the option in time to buy it? That’s what a lease option is. Now thesefour videos are designed to go through everything from what is it and why arewe doing it to how do you buy one and market it to how do you sell it and whatare the contracts all the way to how you manage it and evenpurchase homes on these option with as little as no money, no credit so we’reactually saying that regardless of your age and financial situation statue,credit position, anyone can go out and do real estate right now.I challenge you inthe next 90 days with what we teach, you can take this information and go out. Socommit to watching all four videos and I want you to pull up pen and paper, I knowyou don’t normally do this but imagine that class is in session and we’re goingto give you everything you need A to Z right now on understanding what a leaseoption is and our invitation is, go out make some money and comment below and, ohmy gosh, I did it, it was so amazing, we want to see that from you. – So Kris, whatI want you to do right now because Kris, I’ll tell you right now.. Those of youthat don’t know, you may not talk about this often, Kris is a numbersnerd. – Wait. I’m a rapper. – Kris, no. He’s not a rapper, he’s a numbers nerd, heretires to his nerdery to crunch numbers like literally, you can see this guygoing crazy, it’s like, I’ll stop there..Anyway, the point is what he can be rightnow and what I want you to do, Kris, is that when you take a home and let’sjust call it a, let’s take round numbers, a $200,000 home, okay. So let’s sayyou’re going to take a $200,000 home, what I want you to do right now with thenumbers is help them see how investing this two hundred thousand dollar home,and let’s say you got it with a 15% equity position, can do that real quick?- So I got the home for one hundred and seventy thousand dollars, it’s worth two hundred thousand, worth two hundred and it’s like, how do I makemaximum money on this? – So what I want you to do is, I want you to be exactly separated,I want you go through a rental property if you were just to rent it and then Iwant you to talk about lease option with our system, what that would look like.- Alright, how’s that? – And this is what we’re teaching you right now, this is exactlywhere to teach you.- So this video is what is the lease option and why the heckwould I ever do it and then in video number two, we’re going to talk about howyou actually execute a lease option. So let’s do this example. I’ve got ahome and let’s just say that you had a house with thirty thousand dollars ofequity, this represents a 15% position and so the first thing I’m going to do is,I’m going to go into my market place and I’m going to rent this home and when I goto rent it, I’m going to assume that I have a payment on this house where I’mgoing to rent it for $1,200 but my mortgage with all of my payments and everythingis $1,000.- Now we’re just using some round numbersright now, these may not be exactly accurate although I will tell you, he’sgot a pretty good mind for this. – And this is showing a $200 cash flow, ifevery month I collect $1,200 and every month I pay a $1,000, then every monthI’m making $200, that’s what gets people into real estate in the first placebecause that’s your residual income. So I’m going to have some profit here and inthis scenario, let’s assume for a moment that we’re going to hold this home for fouryears.Okay so what could happen in a four year scenario? Well first of all, ifI am collecting that money, I’m making $200 a month and most people renthouses for a year at a time, let’s assume that I get a couple of repeats but I’vegot some vacancies, let’s assume that I have one month out of the year vacantand let’s assume that over the next four years so what that means is, I want tototally calculate here if you can pull out the calculator , Steven. Let’sactually break this down also and here’s what I want you to do, the first thingthat we need to understand is that there’s going to be a cost of holdingthis home okay and so what we’re going to do is, we’re going to have a $200 cash flowfor 11 months – Okay so 200 times 11, that’s2,200.- And we’re going to hold this for four years okay and that takes a vacancy in anew account so multiply that by four – Okay, so that, 2200 times 4, that’s8,800. – Okay so on my cash flow right here, we’ve got 8.8. – Whoops not exactly,yes. – 8,800 alright. I ran out of room we use K’s, so that’s$8,800. However, I have some extra expenses thatcome up along the way on this property, remember I have to cover the$1,000 for one month out of each of the four years so that’s $4,000 that I have and let’s also assume that on my expenses, I’ve got$4,000 in vacancy, let’s also assume that in repairs,let’s say, I’m dealing with $1,000 a year so it’s $4,000 inrepairs and let’s also say that I don’t want to be a landlord so I have aproperty manager that costs me $100 a month so $100 times 12 months is $1,200times 4 is $12,000 times 4 is $48,000.- $48,000 dollars in property management so I take $4,000, $4,000and $4,800, that’s total expenses of – yeah that’s $12,800 – okay so look look out the gate here, I’ve got$8,800 that is, that looks like it’s working outwell for me but it’s cancelled out with the $12,800 which means I am down for grant. I held the home for four years and I’vealready shelled out $4,000 more out of my pocket for holding thishowever, let’s just say in the next four years that the market actually goes upand my home is valued at two hundred and ten thousand dollars, okay, what’s6% of $210,000 cause now I need to do my realtorfees. – so that’s $12,600 and let’sthrow a couple thousand for some sellers concessions, let’s call it, let’s round itup, I got $15,000 in those fees for realtor and closing costs and now it’stime to figure out how much money did I really make on this.Well we owe 170 andthat they’re using 170, 210 is $40,000 so if I have $40,000, now we need tosubtract from that, the net difference here of $4,000, subtract the $15,000realtor fees and then don’t forget that you’ve got to put, you got toget it in four years up to market speed, let’s also assume that you’ve got $10,000 in repairs. – That equals $11,000. – Okay,by the way, I added a 1 here so $14,000 repairs.So how much is it?- That’s $11,000. – Okay so in this scenario, I wish had a different color here, we’regoing to say that I made $11,000 game. Now just check that out for just amoment, I bought a house, I owned it for 4 years, I did get tax advantage and at theend of the day, I made $11,000 and depending on what my down payment is, Icould calculate what my ROI is. Right now we’re just going to look at this big grossnumber and now we’re going to do the fun magic of what happens with alease option. When I’m actually doing, Steven, if I stand on this side, I can’twrite like this. Switch. Alright,so let’s do the same thing.Now instead of renting it for $1,200, it’s a leaseoption so what I’m actually doing is, I’m actually going to be renting it for$1,400 a month. So I’m going to say rent is $1,400 – There’s a reason why we’re able torent it for a little bit more, we’re actually helping people build equity inthe property – There’s people out there that want to get a house and the bankshave shut them down saying, your credits not good enough, your job’s not goodenough, there’s so many people, there’s a massive margin for people that want ahouse, can pay for a house and the banks say no. So we’re gonna charge more and ontop of that, I’m also collecting a non-refundable downpayment and the downpayment on this, we’re just going to say it’s one of the more typical homes, let’scall it $5,000 so I’m making my extra 5 G’s right up front on that but I’ve heldit for four years and sometimes the family that’s in the home doesn’t buy itbecause they needed the flexibility to get out, half the time that happens, halfthe time it doesn’t so we’re going to stay here with our average numbers that ithappens twice so over that four years, we’re actually going to collect that$5,000 twice, it’s $10,000 that we’ve gained up front onthat.We now have calculated a higher rent, we still have the same mortgage of$1,000 but our cash flow is way more juicy. Now, let’s start looking at theexpenses on this. First of all, we have the same thing on two vacancies so we’regoing to say that that our vacancies come to – so instead of four vacancieswhich is what this was, oneper year right ? Instead, we have only twovacancies. -S o on vacancies – so let’s call it $2,000 – it’s a $2,000 expense.Okay, next on repairs, we don’t have any. – There’s no repairs. – Why Steven? – Wellbecause in the contracts, we make sure that the tenants are actually takingcare of all repairs. I understand, this is their home now, the way that we set it up,the whole conversation is about them buying this property so they’reinvested in it, they want to fix it up and they do so there’s no repairs thatare coming out of your or my pocket.- Okay what about property management? – Oh there’s also little to no property management – because remember, they’re selfmanaging it, you don’t have to pay someone a $100 a month to doall that, the check comes straight to you, it’s self-managed. What about realtorfees?- Oh there’s no realtor fees, you’ve got your buyer already built in. Guys,this is amazing, no more 6%, no more losing $15,000 inexpenses at the end of the sale, it’s all already built in.- So what you’re sayingis, let’s calculate now our total cash flow. $400. Now we are going tocalculate two months of vacancy so I want you to go with first of all, 22months, no, excuse me, 44 months. 44 months at a $400 cash flow, so400 times 44 months equals seventeen thousand six hundred. We collected our$10,000 and down payments Okay now we do have $2,000 So we have our 10 and our 17 andso now what we’re going to do with all these numbers are, we’re going to startwhere we did before on this side. We have $40,000 gain from in four years sellingit for 210 but we’re into it 170, we’re going to take that 40,000 and add10 grand. – I’ve already done it now.- Add the rent, subtract that, what’s the total number? – $25,600 plus now the $40,000 – For a total of what? – That’s a total of$65,600. – Okay now just pause for a second. $11,000,$65k. Steven, what’s sixty five thousand six hundred divided by eleventhousand? Sixty-five thousand six hundred – okay sixty-five thousand sixhundred – divided by eleven thousand – divided by eleven thousand.That’s 5.96. – In other words, that is a 5.96 times higher term. Thatis a six fold higher return. We call it a $40,000 dollar gap in thissituation. The gap is actually fifty five thousand not forty in this particularexample. So I just want to ask, how many of you watching this video are thinking,wow I don’t want to hire a property manager. Me. How many of you are thinking,I want to actually push off all repairs and I don’t want those expenses? Me. Howmany of you thinking, I’d love to get paid up front when I step into the house?Me. How many of you want double the cash flow? Me. How do you want to avoid realtorfees? Me. Why wouldn’t you ever do a lease option? – It just makes sense. – It just makessense. Now understand where we’re about to head is, we’re going to assume that youhave a house and what we’re going to do is, we’re going to talk about what you can doto make maximum money on this house and in this next video, we’re going to get intohow you market it, how you show it, how you do it and by the time we get to thefourth and final video, we’ll even show you how to buy a house on these optionso you don’t even have to potentially have money out-of-pocket, you don’t haveto use any credit so if you watch this four-part series, we’re going to show youhow you can transact all of your real estate in this amazing microcosm and dowhat I did, age 26 retired with the net worth of 1.6million dollars that I kept on growing greater and greater and greater andfriends, this is the foundation I built all of my wealth on, claiming that it isthe single best strategy in real estate.Can you see how this is least time, leasteffort, least risk, more profitable. This works in every market, buying singlefamily below the median. Friends, this is the rock star way to go if you’re juststarting out and you’re like, how do I play? Keep watching. Oh man, we’re justwarming up. Are you like so excited for the next video and it’s like, okay Kris,now I understand why you love lease options. I now understandwhy I love lease options. Now how do I take it to the market? How do I take ahouse and start actually doing a lease option? Join us in the next video, I’mgoing to show you exactly how to do it..

How to Properly Manage Your Money Like the Rich | Tom Ferry

So how many of you How many of you were raised perhaps like me where in your family? So how many of you How many of you were raised perhaps like me where in your family? Maybe there was some split How many of you were raised perhaps like me where in your family? Maybe there was some split mentalities around money How many of you know what I’m talking about? You know like maybe mom had a certain way of thinking and dad had a certain way of thinking So how many of you guys know who my dad is? My mom and dad got married when they were like 22 years old, my dad flunked out of college Right as a speech and communication major which is pretty awesome considering he’s like one of the greatest motivational and real estate training speakers ever right and His mindset because his mentor this is what his mentor said to him you want to make a lot of money go buy a rolls-royce Go get a big fancy watch and go get a really expensive car and a real expensive house And you will be motivated like crazy And you will go do whatever it takes to be successful and guess what my dad did He went up a big fancy car big watch.You know rolls-royce the whole nine yards and every day He was like this. Holy shit. I gotta make money My mom on the other hand Grew up in an environment with a few more kids my grandfather. My mom’s mom passed away when she was very young and she Immediately had to go to work at like 14 years old by the time. She was 16 She was working at Disneyland as a Mouseketeer You know Orange County, California, and she’s doing great But all of her money went back into the family So she would work only to basically have no for herself benefit from it so in her mind Every cookie in the cookie jar mattered you should be very mindful with every single dollar Imagine growing up in that house This one is like it’s not how much money You just need to make sure there’s at least one cookie in the cookie jar we could divide it up six ways and my dad’s like we should start a cookie factory and finance the entire thing Well, no surprise that relationship did not last long right my dad actually ended up marrying somebody who was ridiculously financially savvy And I think she’s somewhere inside the room who are you inside the realm? My my other mom somewhere inside her maybe you’re running around the room The bottom line was this I grew up with a completely messed up psychology when it came to money And it wasn’t until in my mid-20s when I met one of my mentors who he showed me something which I’m gonna Show you, the bottom line is this guy’s money is a tool nothing more nothing less say that out loud Money is a tool nothing more nothing less, listen if you’re a jerk money makes you more of a jerk if You are mother Teresa money makes you more mother Teresa It is just a tool, but this is what I know how many of you know someone that doesn’t have enough money, I Don’t know about you guys.I don’t want to be that person and Not that I feel bad for them or less them all I think to myself is That person was never taught what I’m about to teach you They never understood that your money is a tool and just like an app on a phone if you don’t use it and play the game right and follow the steps. You don’t get the results. It’s not how much money you earn It is what you do with the money that matters, you guys with me on this So I want you to write in your notes the following There’s been a lot of research on this and you’ve probably seen something like this before Especially if you’ve ever met with a financial planner, or you know you’ve watched CNN financial. They all say the same thing write down 5, 15 and 80. 5, 15 and 80. 5 percent 15 percent and 80 percent Five percent 15 percent and 80 percent and as all the studies show it Says five percent of the planet are basically generational wealth They have created generational wealth It’s not the top one percent guys somebody who is worth five million dollars Who has paid off their home and when they pass on they Transfer all that wealth over.That’s generational wealth you with me on this Some of them are worth millions some of them ten some of them are hundreds some of them are now billions But that’s the 5% the 15% write this in your notes. You ready. They are the middle class They got a house They got a little savings. They go on a few vacations, and they’re comfortable and there’s nothing wrong with that 15% But where do you think the 80% sets? Darcy the 80% 80% 80% look around the room potentially 80 percent of this room I don’t think so, but potentially with the numbers 80 percent of this room when they are older either A have to work to make money or B are dependent upon the government or their family to subsidize their lifestyle 80% 80% 80% some of your think to yourself my kids better be successful 5% generational wealth and it starts at five million dollars and above fifteen percent comfortable my in-laws are 93 and 90 years old they have a million dollar net worth there in that 15 percent, house is paid for that they bought for $11 300 years ago right in Anaheim, California on Bruce Street Paid that sucker off Every time I talked to my father law you see my Ford stock Right he’s not he started buying Ford stock like in 1948 You with me like I had a dollar that I had two shares then three shares, but over time guess what he’s in that 15% How many of you know someone right now though? That based upon their money behaviors, and their money psychology They’re clearly going to end up in the 80% Don’t point out him if they’re in this room and don’t like you know make them wrong, but I’d like you to consider Maybe they just never heard what I’m about to share with you So I’m gonna show you guys a business strategy for your money you guys have for that a business strategy I’m not gonna tell you what to invest in that’s not my role I’m going to show you ideas of what the very best people do, I’m gonna put it up on the big screen Which means the team’s gonna keep it here the whole time? And you’re gonna take detailed copious notes, so here’s the first thing.I want to show you This is what 80% of real estate professionals do 80% of real estate professionals They get a commission check and that check goes into their personal account their personal account 80% they get a check and it goes into their personal account they go home And maybe they say here honey, or here on by myself, and I put it in my account But this personal account is not an LLC an S. Corp a limited light You know limited partnership. It’s not a corporation.It’s a personal thing now. I’m not gonna Ask you to raise your hands if that’s you But I am gonna say this to you I would like to thank you for paying lots in taxes Thank you very much. I really appreciate you overpaying what you should be paying keep up the good work So what’s rule number one? Should I have a corporation yes, or yes? Yes, or yes? so check this out guys if you answered this, don’t feel bad I will teach this stuff at conferences And I’m blown away by ten people in the room 10,000 people in the room the number of people that go Yeah, I thought about doing that but like I don’t know like which one do I pick I’m no expert Here’s what you do you call your Accountant and say I think I need to get incorporated, which you recommend based on where I live What country what state etc? But rule number one is no one leaves this conference in 30 days if you are not incorporated And you don’t own your business and now your checks come to blankety-blank LLC not you personally Cuz now you get all the tax advantages yes or no guys But I got to tell you, this is what the 80% does and this is clearly bad.Let me show you What the 15% do. I Want you to draw this out I Want you to imagine a world, where and by the way? Did you guys notice the subtle little difference? This one says check this one says checks Because people that get checks Understand the following, I get the check it goes directly into my business account Right I get it wired in from escrow. I don’t get physical checks anymore the money Just gets transferred over, you with me Oh my a escrow company my title coming up won’t do it great get the physical check But it goes into a business account, which means now as you can see I’m gonna have four different Accounts at my bank Four different accounts at my bank. I’m get out my business account I’m gonna have my tax account to me three accounts Tax account business account and my home account my personal account Here’s the reality my friends if I if I can encourage and inspire You know every single one of you to just do that and then Follow the rule you ready write this in your notes above the tax account I want you to write down let’s let’s do an imaginary check and I want you to show you how much money goes where so at the top, let’s say, that’s a $10,000 check, just for easy numbers $10,000 check so all of a sudden $10,000 hits my business account and the first thing that happens is instantaneously 3,300 of the 10,000 goes directly into my tax account 3300 automatically into my tax account because some of you think when you get a check for 10 grand that you actually have 10 grand How many of you are in the state of California or New York or in the country of Canada You get a check for 10 grand, and you’re lucky if you get 4,500 That’s the real deal now you’re an entrepreneur you own your own business you’re gonna start taking better write-offs You’re gonna pay more attention to your accountant You’re probably gonna have your uncle Larry who’s done your taxes forever stop and actually hire a CPA who’s gonna pay attention? But 3,300 bucks automatically goes there then 3,300 or less goes into your business account and This is where I run my business a check comes in I’ve got marketing a check comes in I’ve got expenses a check comes in I’ve got my MLS dues Everything that I need to run my business every check 3,300 3,300, and then what goes over here 3,400 bucks to my home Now it sounds like you might need a home budget.What do you guys think? Because many times what do we do we get a check and we just start spending the money? By the way if you look at this the very first one. This is the the cardinal sin this is what poor people do they get a check and They just start spending Who knows someone like that say I? matter of fact the bigger the check the more they start spending and they never think about Debt reduction because they’ll do that later Because I’ve worked so hard and this was such a challenging transaction And that’s why I’m going to overindulge and over and spend on myself, and we know the financial rollercoaster. You’re actually putting yourself through this my friends is What the people do that take care of their money they know Uncle Sam or Revenue, Canada or Mexico? They’re taking their money. No matter what so when I commit that Check comes in I don’t say to myself I get it all it automatically goes there I leave a piece here, and the balance goes here makes sense so tell your buddy.Are you gonna do this yes or no? Yes or no Now here’s what I know look up here guys The number of clients that have done this and then I see them a year later And they go I have $15,000 and my savings kind of never had that but more importantly I paid all my taxes Like I’m on time and I have money inside my business account and it’s the end of the year and my accountant said I need to take a Dividend so I’m getting a big chunk of change at the end of the year. This is awesome Now I don’t know about you guys, but I like is anybody like nice things You know family trips vacations memories, holidays, you know maybe a new outfit The challenge is if you keep that psychology without requiring or putting in the discipline You know what you end up with a bunch of nice things and a shit ton of debt So do me a favor tell your buddy.Do you know someone personally that has too much debt? Anybody’s anybody inside this room Now listen there’s smart Debt. There’s bad, debt, and I’m not gonna go too in depth with you on this But you know the difference you know credit card, debt at nineteen percent is dumb Debt buying a house and getting a mortgage with three-and-a-half percent is really good debt So we all know the difference, and I just want you to be mindful I want you to take care of your money, but now did you guys get a photo of this? Did you capture it are you sure? Are you promising to do this? Okay, do you want to know what the wealthy agents do? This is what the wealthy agents.Do it’s a little more complex It’s a little more complex I would get it up on the big screen over there guys and take a photo of it, but more importantly I want you to draw the whole thing out in your notes Draw the whole thing out on your notes, this is what the wealthy do This is the stuff that no one taught me so all until Bill Mitchell Pulled me aside and said what do you do with your money? and I’m like I don’t know I just get the check and I throw it inside my account and I spend it like crazy and I never have any cash, and I’m always in trouble Draw this out So play a game with me you get a $10,000 check The $10,000 check goes to what account? to what account and 33% of it goes automatically where To my tax account because I don’t really have 10,000.I really have like you know 6,000 and change that’s the real deal so 3300 automatically here then I take another 3300 over here or less because I don’t know your business expenses But by the way guys here Marketing costs should be no more than 10% of your expected gross revenue Your marketing cost should be no more than 10% of your expected gross revenue So a percentage that 3300 is gonna go for your direct mail and your Marketing and your email and your Zillow leads and your Facebook ads and the prints and the brochures and everything else But no more than 10% No more than 10% got it? Because you’re incorporated now your car and a piece of your house and all kinds of other things get written off into or from this account so we like that but you might also have inside there ready guys a Virtual assistant an assistant well, where is that person gonna be paid from you got a check for 10 grand You didn’t actually get 10 grand you got 6730 3300 goes inside here now I can pay my assistant it starts to work like clockwork you with me, but you can see This is where it gets interesting Some people call this other account your investment account.I like to think of it as my financial hub It’s where the money comes in and then it gets divided again Now I’m not a financial planner nor do. I you know even would even attempt to be, but I’m giving you just an example Of what that extra thirty four hundred dollars could go towards So maybe you need because you do two deals a month you’re like I need Four grand a month to come into the home expenses So I’m gonna take you know two grand of my thirty three hundred or the thirty four hundred. Where does the rest go? Do you have a retirement account? Do you put money in the stock market or in bonds or whatever you believe in 401 K Do you have an account where you just put cash? to buy real estate Why not on every check take five percent of every check put into an account called cash for real estate And you just watch that sucker grow like crazy over time I’n two years, and also you’re like I got 185 thousand bucks in cash sitting inside that account I should go buy a duplex.I should go buy a four-plex. I now have the money to go do these deals retirement account real estate cash account I use this because I did it you know with my kids a 529 B account which is a college fund Cash account since we did real estate cash. What do we call this the fun account? The fun account you know the I’m gonna go spend this money on stupid stuff and Throw it away later and not care or I’m gonna take this money, and I’m gonna use it for vacations and holidays What action are you going to take in the next 30 days around this conversation? There’s no more information.That’s it? Tell your buddy What actions are you gonna take in the next 30 days do it right now? Okay thanks so much for watching we have a number of events coming up and we’d love to have you there Visit tom ferry dot com forward slash events and reserve your spot today.

The Most Popular Types of Rental Properties | Property Management | Welcome Home Rentals

So what makes the ultimate rental property in a nutshell one that’s popular and so one can attract long run tenants in our expertise listed below are the forms of homes that make tennis go all quantity one dual dwelling seeing that these are few and far between and offers a lot house and opportunity tenants will come from a long way and extensive to check up on these gem stones only in the near past we held an open apartment on a two-story dual dwelling property and we had 12 businesses via the first inspection the proprietor had his opt for as virtually each person who inspected and the property used to be leased at a top class fee within the week twin dwelling homes are very fashionable with big and accelerated households quantity 2 horse friendly animal fanatics need to live with their animals and a property that’s suitable for horses will attain a a lot better rate than a culture acreage most horse homeowners are buying adjustment and have the demanding every day shuttle to feed and handle their animals do away with the steeply-priced and tiring car journeys and property buyers will see a huge curiosity in their property number 3 renovated Queenslanders these charmers rather do allure tenants and we have experienced the best stage of curiosity on these renovated beauties number four sheds sure boys relatively do love their sheds so when you’ve got a exceptional kitchen and greater than a double lock up storage you are onto a winner jet skis caravans boats trailers exhibit cars and Harley’s the toys all must be saved safely and the tenants are all set to pay a top rate fee still no longer sure which ones are fashionable in case you appear at actual estate calm you can see what number of hundreds of property has had and do not forget to determine out our prior video on what to not buy

You Can Live Without Producing Trash

– "Laura Ling" normal of what’s produced via the American citizen Of waste equals 2 kg per day. This quantity is identical to roughly 725 kg per yr. But if we take some simple steps we are able to get out of this circle and diminish hundreds of kilograms we produce each year into one jar. [Music] – "Lauren will click on" good this jar junk – "Laura Ling" two years of waste in this little jar! -Yeah. -that is insanity. – I feel I produced 20 instances that per day – authentic, this is without problems all the garbage that I could not use as fertilizer Or recycled Or I did not comprehend what to do. – where did you get the idea of fitting a "individual with out waste"? It can be all began when I used to be in my ultimate year at the big apple college as a student of environmental reviews. In the future, after school, I came dwelling to make dinner I opened the fridge, and noticed that the whole thing in it Packaged in plastic. And that i felt like a hypocrite We’re imagined to be the one who continues the planet, And right here I produced all this garbage. I think it is very foremost to reside in line with the values you believe in, And my values had been that i have Minimal poor impact on the atmosphere. I ought to are living as well, I wanted to, so I made up our minds to alter my lifestyle. – what is the easiest section about reducing your waste? -I suppose it failed to require a lot I needed to do best to cut down the waste he produced making use of some waste as fertilizer and shopping my stuff in jars I lowered 80% of my garbage. Buy merchandise with out packaging way you may have utensils to purchase matters that you can not keep together with your arms. For example, if you wish to purchase olive oil deliver with me a pitcher jar and fill it i buy beer from a neighborhood store And who sells them in reusable drums it is a absolutely waste-free drinking system. [Music] -I consider you’re having a number of questions about How do you try this. I used to be curious about a number of things And i will ask you some questions too Plastic toothbrushes? – Use a bamboo toothbrush that turns into compost. -Sponge? – Use a dish brush to turn out to be compost. – Tissue paper? – Cotton napkins. – Plastic cooking tools? – picket or steel utensils. – Cotton balls? – Multi-use cotton circles. – Drying paper? – Drying balls that I make myself. -What about "shampoo"? – Castile soap in a jar. -makeup? – organic vegetable make-up packaged in recyclable boxes. -women’s products? – Menstrual cup. – reward wrapping papers? -Why? K, you are going to educate me now find out how to make toothpaste. -Yeah -what will have to I do? Okay, we will mix two tablespoons Of organic coconut oil And placing from baking soda, after which About 20 drops of organic peppermint oil. – good, that is how you are making your toothpaste? -Yeah. -Let me see your tooth [Laughter] she appears very gorgeous. -Yeah -What’s your dentist’s opinion about this? – he’s no longer indignant at me but. Okay, simply take this spoon and scoop it on the toothbrush. -it is not dangerous. It’s form of salty. – absolutely, it is baking soda. – truely, I suppose like my teeth are clean So, thanks. Good, do you’ve gotten any rubbish containers on your condominium? -No, I should not have any garbage containers in my residence. -on account that you don’t have any waste. -exactly. -It forced me I need to diminish my waste. What advice are you able to supply me, or anybody else wants to do it as you do? – i’ll propose him to appear at his garbage container He is aware of precisely what his waste is, and so that you do you are going to no longer recognize what to minimize. Step two, use multi-use luggage rather of paper bags Or PVC. Just a easy alternate at any time when. And the final step can be Make your possess merchandise. Be trained how you can make toothpaste. Be taught the right way to make a deodorant. It can be fun to do. -what is your ideal goal? -before I live my tradition I wondered, why is there all this rubbish? And why this is traditional? We have got to in finding solutions before it will get out of hand. I in no way informed any one that you should comply with this subculture, or you will have to reside this way. I kinda simply followed a way of life I put it to the general public, and that i saw what was once taking place. [Music] Be sure to verify out the opposite episode of "Out of Circle" With Mike Pasig and his small 225-square-foot apartment. – "Mike Pasig" I prefer to think of it as a return to Fundamentals of Humanity. I prefer to consider my contact with the earth. – Laura Ling This episode is part of Seker shops We try to carry you pleasant reports from world wide, in order to try this we want you to share. Group @ aurtjim .