Tyson Clay public interview transcript
Source video: https://www.youtube.com/watch?v=01IvsKnYMqc
Transcript created from the archived public video with Whisper. Speaker labels are not inferred.
[00:00:00.400 to 00:00:02,680] All right, we're live folks. Welcome. My name is Michael H
[00:00:02.680 to 00:00:04,480] uggins and we're having another edition
[00:00:04.480 to 00:00:08,280] of our Meetup on Zoom. It's our Zoom up and I am joined
[00:00:08.280 to 00:00:10,640] today by my co-host out of Denver,
[00:00:10.640 to 00:00:13,780] Boulder area, Colorado. What's up, Mike? What's up? How you
[00:00:13.780 to 00:00:16,000] doing, Michael? Good. Glad you're here.
[00:00:16.000 to 00:00:19,360] What's up everybody else? Yeah, so we got an amazing story
[00:00:19.360 to 00:00:20,560] today. We still got a bunch of
[00:00:20.560 to 00:00:23,650] people coming in here live. And the whole idea behind why
[00:00:23.650 to 00:00:25,680] we're bringing you these video series
[00:00:25.680 to 00:00:28,200] is so that you can see stories of transformation from our
[00:00:28.200 to 00:00:28,880] community.
[00:00:28.880 to 00:00:31,400] Maybe you've looked at something or maybe this is one of
[00:00:31.400 to 00:00:33,200] your first videos or recordings
[00:00:33.200 to 00:00:36,710] that we want to show you that we have a system, a proven
[00:00:36.710 to 00:00:39,120] system with thousands of students going
[00:00:39.120 to 00:00:42,620] through getting results and they have a similar background
[00:00:42.620 to 00:00:44,560] like you. You're able to do this too.
[00:00:44.560 to 00:00:47,200] If only you were to get educated and link arms with the
[00:00:47.200 to 00:00:49,920] right people. We've been doing this for 10 years.
[00:00:50.880 to 00:00:54,590] I actually got involved back 10 years ago for myself and I
[00:00:54.590 to 00:00:56,640] started doing short sales and fix and
[00:00:56.640 to 00:01:00,260] flips and my first deal. I made more money than my entire
[00:01:00.260 to 00:01:01,280] yearly income.
[00:01:03.760 to 00:01:07,020] And it's been amazing. I know Mike, my co-host today, he
[00:01:07.020 to 00:01:09,840] was financially off the grid. He didn't exist.
[00:01:11.360 to 00:01:14,520] He was a ghost, so to speak, but now he's able to, he's got
[00:01:14.520 to 00:01:16,960] short-term rentals all over the city that
[00:01:16.960 to 00:01:19,730] he's working in. He's built up his personal credit, his
[00:01:19.730 to 00:01:23,600] business credit. He's built up a family bank, in fact.
[00:01:24.720 to 00:01:26,760] And you got to check out the interview that I have on him
[00:01:26.760 to 00:01:30,080] already. But today we got an amazing guest.
[00:01:30.080 to 00:01:32,780] But before we get into our guest, Mike, what do our guests
[00:01:32.780 to 00:01:34,400] need to do after this?
[00:01:34.400 to 00:01:36,160] Mike, what do you want to do after this?
[00:01:36.160 to 00:01:36,160] Mike, what do you want to do after this?
[00:01:36.160 to 00:01:36,880] Mike, what do you want to do after this?
[00:01:36.880 to 00:01:38,160] Mike, what do you want to do after this?
[00:01:38.160 to 00:01:39,440] Mike, what do you want to do after this?
[00:01:39.440 to 00:01:40,160] Mike, what do you want to do after this?
[00:01:40.160 to 00:01:40,960] Mike, what do you want to do after this?
[00:01:40.960 to 00:01:42,160] Mike, what do you want to do after this?
[00:01:42.160 to 00:01:42,960] Mike, what do you want to do after this?
[00:01:42.960 to 00:01:44,160] Mike, what do you want to do after this?
[00:01:44.160 to 00:01:45,920] Mike, what do you want to do after this?
[00:01:45.920 to 00:01:47,920] Mike, what do you want to do after this?
[00:01:47.920 to 00:01:49,920] Mike, what do you want to do after this?
[00:01:49.920 to 00:01:51,920] Mike, what do you want to do after this?
[00:01:51.920 to 00:01:53,920] Mike, what do you want to do after this?
[00:01:53.920 to 00:01:55,920] Mike, what do you want to do after this?
[00:01:55.920 to 00:01:57,920] Mike, what do you want to do after this?
[00:01:57.920 to 00:01:59,920] Mike, what do you want to do after this?
[00:01:59.920 to 00:02:01,920] I want to do after this?
[00:02:01.920 to 00:02:03,920] Mike, what do you want to do after this?
[00:02:03.920 to 00:02:05,920] I want to do after this?
[00:02:05.920 to 00:02:07,920] I want to do after this.
[00:02:07.920 to 00:02:09,920] I want to do after this.
[00:02:09.920 to 00:02:11,920] I want to do after this.
[00:02:11.920 to 00:02:16,540] We'll also be having a house tour. Tyson actually helps
[00:02:16.540 to 00:02:20,450] with the tech and getting the house tours together so that
[00:02:20.450 to 00:02:23,650] we can have those available for people online. And then
[00:02:23.650 to 00:02:29,320] this Saturday from 8am to 4pm Mountain Standard Time, we
[00:02:29.320 to 00:02:34,680] are going to be doing an intensive, a raising capital,
[00:02:34.680 to 00:02:39,420] raising private and hard money intensive with Whitney Stark
[00:02:39.420 to 00:02:39,920] .
[00:02:39.920 to 00:02:44,410] She's a phenomenal woman that is mega inspiring. She's
[00:02:44.410 to 00:02:49,470] raised millions of dollars and she does it morally, legally
[00:02:49.470 to 00:02:53,610] , ethically. She's going to be dropping some gems. So I'm
[00:02:53.610 to 00:02:57,320] excited to be there myself. We'll see you all there.
[00:02:57.320 to 00:02:59,200] Remember, get back with the person that invites you here.
[00:02:59.200 to 00:03:01,940] And Michael, I'm going to give it back to you.
[00:03:01.940 to 00:03:05,960] Okay, perfect. So folks, stay plugged in. This is just the
[00:03:05.960 to 00:03:09,730] beginning process. There are a ton more videos that you're
[00:03:09.730 to 00:03:13,000] going to want to see and a ton of value that we can add if
[00:03:13.000 to 00:03:16,590] you show up, you link arms with us and you're serious about
[00:03:16.590 to 00:03:17,660] making that change.
[00:03:18.940 to 00:03:24,680] So now as we transition, our guest today has just blown the
[00:03:24.680 to 00:03:27,900] doors off of what he thought he was going to be able to do
[00:03:27.900 to 00:03:30,700] inside the first six months, first year.
[00:03:31.500 to 00:03:34,260] I'm not exactly sure how long he's been involved, but he's
[00:03:34.260 to 00:03:36,720] he's quickly rose through the ranks and been able to
[00:03:36.720 to 00:03:39,150] support a lot of people. Everyone knows who he is
[00:03:39.150 to 00:03:41,340] nationwide now because of his contributions to our
[00:03:41.340 to 00:03:42,020] community.
[00:03:42.720 to 00:03:45,320] But he wasn't always as popular or successful in his
[00:03:45.320 to 00:03:47,840] business. So I'm going to have him share where he came from
[00:03:47.840 to 00:03:50,580] , where he's going, why he decided to get linked up with us.
[00:03:50.580 to 00:03:53,040] Everyone, help me welcome to the stage, Mr. Tyson Clay.
[00:03:55.920 to 00:03:58,860] Hey, thank you very much, Michael. I am so excited I get to
[00:03:58.860 to 00:04:01,960] share my story today. And to be honest, I didn't know I
[00:04:01.960 to 00:04:04,120] would get to share my story with people.
[00:04:06.200 to 00:04:10,230] And I've always enjoyed being around people like you, like
[00:04:10.230 to 00:04:13,950] Mike, White, everybody else in the community who have been
[00:04:13.950 to 00:04:16,000] there to support me since day one.
[00:04:16.460 to 00:04:19,480] And, you know, as I was starting off, I was I was kind of
[00:04:19.480 to 00:04:22,540] wondering as I was about to to get involved in this
[00:04:22.540 to 00:04:26,010] community and are they going to say, all right, you're an
[00:04:26.010 to 00:04:26,740] investor now.
[00:04:26.980 to 00:04:30,910] Good luck. Goodbye. But no, I realized right away as I
[00:04:30.910 to 00:04:34,720] started down that train of thought that I would be
[00:04:34.720 to 00:04:36,180] surrounded by people
[00:04:36.200 to 00:04:40,240] who are more successful than me constantly. And I one of my
[00:04:40.240 to 00:04:46,030] favorite quotes is it says, you become the average of the
[00:04:46.030 to 00:04:47,640] five people you spend the most time around.
[00:04:48.360 to 00:04:52,640] Jim Rohn. Yeah. Right, Michael. Oh, yeah. Yeah. And so I
[00:04:52.640 to 00:04:54,640] believe that so strongly.
[00:04:54.640 to 00:04:58,180] And so I've I've I've I've been intentional about
[00:04:58.180 to 00:05:01,700] engineering my time with who I spend it with.
[00:05:02.140 to 00:05:05,460] And I've also been intentional about spending less time
[00:05:05.460 to 00:05:08,000] with people who would drag me down.
[00:05:08.180 to 00:05:13,200] But. Anyways, enough about enough about that. That's all
[00:05:13.200 to 00:05:13,760] good stuff.
[00:05:13.760 to 00:05:17,540] But so before I found this, I didn't even know I was
[00:05:17.540 to 00:05:18,620] invested.
[00:05:18.980 to 00:05:21,800] I was interested in investing in real estate.
[00:05:23.440 to 00:05:27,650] I've I was raised in a family that was always lacking in
[00:05:27.650 to 00:05:28,760] money.
[00:05:28.820 to 00:05:31,070] Let's just put it that way. And so I learned from my
[00:05:31.070 to 00:05:34,470] parents that the way life goes is you go to work in the
[00:05:34.470 to 00:05:35,380] morning.
[00:05:35.440 to 00:05:39,180] Then you come home and you do that every single day.
[00:05:39.180 to 00:05:40,860] And that's just how life is going to end.
[00:05:41.260 to 00:05:45,320] So I didn't ever look beyond that. I was taught, in fact,
[00:05:45.320 to 00:05:48,690] from the time that I was really little, that I need to go
[00:05:48.690 to 00:05:51,770] to school and get good grades so I can go to college and
[00:05:51.770 to 00:05:52,660] get a good job.
[00:05:52.980 to 00:05:55,220] I'm sure a lot of you people can relate to that.
[00:05:55.220 to 00:05:59,330] But that's how I was raised. And so even when I and I didn
[00:05:59.330 to 00:06:04,550] 't have mentors for careers, for personal development as I
[00:06:04.550 to 00:06:06,200] was growing up.
[00:06:06.740 to 00:06:10,770] And so that's really all I knew. And as I was graduating
[00:06:10.770 to 00:06:14,710] college, I still I still didn't know what I wanted to do
[00:06:14.710 to 00:06:15,900] for a career.
[00:06:16.960 to 00:06:20,090] So even on graduation day, people were asking me, so, Tyson
[00:06:20.090 to 00:06:23,570] , what would you have this degree in exercise science and
[00:06:23.570 to 00:06:25,960] nutrition to bachelor's degrees?
[00:06:26.140 to 00:06:29,650] What are you going to do with it? And I told them I have no
[00:06:29.650 to 00:06:30,500] idea.
[00:06:31.400 to 00:06:33,700] You have two master's degrees.
[00:06:34.220 to 00:06:35,120] Bachelors with a B.
[00:06:35.540 to 00:06:36,840] Oh, two bachelor's degrees.
[00:06:36.980 to 00:06:38,500] I'm not sure how I make a B with my fingers.
[00:06:38.820 to 00:06:39,360] Bachelors degree.
[00:06:39.780 to 00:06:41,220] In sign language.
[00:06:42.620 to 00:06:42,780] Right?
[00:06:43.020 to 00:06:45,900] A, B, C, B, E, F.
[00:06:46.080 to 00:06:46,620] Anyway, all right.
[00:06:46.740 to 00:06:46,900] Go ahead.
[00:06:48.180 to 00:06:48,540] Okay.
[00:06:48.540 to 00:06:52,030] So you got two bachelor's and you still didn't know what
[00:06:52.030 to 00:06:53,300] you wanted to do.
[00:06:54.220 to 00:06:54,620] Exactly.
[00:06:55.460 to 00:06:58,370] I was figuring if one bachelor's degree is good, why not go
[00:06:58.370 to 00:06:59,140] for two?
[00:06:59.460 to 00:07:01,140] I was so close to the second one.
[00:07:01.220 to 00:07:02,080] I just finished it.
[00:07:02.780 to 00:07:03,220] Okay.
[00:07:05.040 to 00:07:06,020] So you graduate.
[00:07:06.420 to 00:07:07,540] People are asking you.
[00:07:07.760 to 00:07:08,780] And what did you pick?
[00:07:10.460 to 00:07:13,100] I picked, I don't know.
[00:07:13.220 to 00:07:14,440] I need to figure it out.
[00:07:14.760 to 00:07:17,960] I didn't have enough guidance during college from anybody
[00:07:17.960 to 00:07:20,640] or before college to know I need to pick something.
[00:07:21.100 to 00:07:23,100] I need to pick something before I graduate so I can know
[00:07:23.100 to 00:07:24,720] what direction I'm going to go.
[00:07:24.780 to 00:07:25,720] I was just a lost soul.
[00:07:26.640 to 00:07:26,760] Wow.
[00:07:27.220 to 00:07:27,620] Okay.
[00:07:28.040 to 00:07:29,620] That's a lot of folks coming out of college.
[00:07:30.300 to 00:07:30,520] Yeah.
[00:07:30.900 to 00:07:31,220] Yeah.
[00:07:31.860 to 00:07:32,260] Unfortunately.
[00:07:32.260 to 00:07:35,430] I mean, if I can go back, I would skip college and work
[00:07:35.430 to 00:07:38,600] because that's really how I discovered what I don't like.
[00:07:39.220 to 00:07:40,840] And that's how I discovered this.
[00:07:41.680 to 00:07:42,340] Right on.
[00:07:42.480 to 00:07:42,820] So, yeah.
[00:07:42.900 to 00:07:47,050] Tell us, what was your occupation right before you quit
[00:07:47.050 to 00:07:47,740] that?
[00:07:48.540 to 00:07:51,590] Well, between college and that occupation, I bounced around
[00:07:51.590 to 00:07:53,060] to all kinds of jobs.
[00:07:53.340 to 00:07:57,530] Metal yard, a bakery, a healthcare facility, activities
[00:07:57.530 to 00:07:58,560] director.
[00:07:58.680 to 00:08:00,160] I was all over the board, right?
[00:08:00.380 to 00:08:01,280] All over the board.
[00:08:01.540 to 00:08:05,800] And then my cousin, my brother-in-law and my cousin are
[00:08:05.800 to 00:08:07,260] both teachers.
[00:08:07.560 to 00:08:12,150] They suggested, hey, Tice, you know a lot about science and
[00:08:12.150 to 00:08:15,880] you enjoy your time when you're with kids.
[00:08:16.100 to 00:08:17,460] You like adding value to them.
[00:08:17.580 to 00:08:20,300] So why don't you try being a teacher, science teacher?
[00:08:20.740 to 00:08:21,920] And I'm like, okay.
[00:08:22.520 to 00:08:23,940] So I got my teaching license.
[00:08:24.120 to 00:08:25,120] Took me about two months.
[00:08:25.620 to 00:08:27,860] And I became a sixth grade science teacher.
[00:08:29.820 to 00:08:32,120] I lasted one month.
[00:08:33.780 to 00:08:34,460] Just one.
[00:08:35.540 to 00:08:36,220] Sorry to laugh.
[00:08:38.140 to 00:08:38,460] Okay.
[00:08:38.460 to 00:08:40,320] So what do you mean you only lasted a month?
[00:08:40.720 to 00:08:42,080] The kids ate you up or what?
[00:08:43.080 to 00:08:44,300] Oh, one semester.
[00:08:44.420 to 00:08:45,080] Did I say month?
[00:08:45.460 to 00:08:45,720] Yeah.
[00:08:46.500 to 00:08:47,380] One semester.
[00:08:47.640 to 00:08:48,840] The kids did eat me up.
[00:08:49.240 to 00:08:52,960] I lacked all the skills for managing their behaviors.
[00:08:52.960 to 00:08:54,500] I lacked all the teaching skills.
[00:08:54.500 to 00:08:57,020] I was promised a mentor teacher.
[00:08:57.480 to 00:09:00,620] Someone who would come in and spend time with me after
[00:09:00.620 to 00:09:04,800] school, plan lessons, model appropriate skills that I need
[00:09:04.800 to 00:09:05,540] to learn.
[00:09:05.880 to 00:09:06,820] She never came in.
[00:09:06.960 to 00:09:08,400] I was just thrown to the wolves basically.
[00:09:08.920 to 00:09:10,940] A little 12-year-old wolves.
[00:09:11.620 to 00:09:11,840] Yeah.
[00:09:11.960 to 00:09:16,080] And so at that point in my life, a salary of $42,000 per
[00:09:16.080 to 00:09:20,020] year, that was like, oh, yeah, that sounds nice to me.
[00:09:20.120 to 00:09:23,020] Coming from making a maximum of, I don't know, $17,000 a
[00:09:23.020 to 00:09:23,960] year before that.
[00:09:24.600 to 00:09:24,740] Yeah.
[00:09:25.400 to 00:09:27,230] But by the time I got to the end of that semester, I was
[00:09:27.230 to 00:09:28,440] like, I don't care.
[00:09:28.640 to 00:09:29,300] I am done.
[00:09:29.460 to 00:09:32,660] I don't care how much I am poor, how much I'm suffering due
[00:09:32.660 to 00:09:33,820] to lack of money.
[00:09:33.940 to 00:09:36,320] I am so done with this school teacher thing.
[00:09:36.700 to 00:09:37,000] Wow.
[00:09:37.900 to 00:09:40,170] And about the, let's see, in November, while I was a
[00:09:40.170 to 00:09:43,440] teacher, I was supposed to be in Canada at my brother's
[00:09:43.440 to 00:09:44,280] wedding.
[00:09:44.660 to 00:09:48,280] Couldn't find my passport, had the plane tickets, had the
[00:09:48.280 to 00:09:49,440] days off work.
[00:09:50.020 to 00:09:52,940] And I was, so I was just home alone, feeling miserable,
[00:09:52.940 to 00:09:55,320] wallowing in my misery of being a teacher.
[00:09:56.020 to 00:09:56,460] Man.
[00:09:57.900 to 00:10:00,610] And I saw, I was like, so what do people do when they're
[00:10:00.610 to 00:10:02,520] wallowing in misery?
[00:10:02.680 to 00:10:03,440] They get on Facebook.
[00:10:04.260 to 00:10:04,700] Right?
[00:10:04.700 to 00:10:04,820] Right.
[00:10:08.700 to 00:10:11,720] So I saw this post from Tani Shaw.
[00:10:11.880 to 00:10:13,600] She is my friend.
[00:10:14.000 to 00:10:14,960] I met her on Tinder.
[00:10:15.560 to 00:10:17,450] Never met her, never talked to her after that, but we were
[00:10:17.450 to 00:10:18,460] Facebook friends.
[00:10:18.760 to 00:10:21,780] Her post said, Hey, I just made a bunch of money.
[00:10:22.640 to 00:10:25,650] I owned a property for one month and then I sold it and
[00:10:25.650 to 00:10:27,380] made all this money.
[00:10:27.980 to 00:10:30,260] And I didn't put any of my own money into it.
[00:10:30.400 to 00:10:31,640] Zero dollars out of pocket.
[00:10:32.200 to 00:10:35,320] So I was like, teach me more.
[00:10:35.440 to 00:10:35,980] Send.
[00:10:37.520 to 00:10:37,980] And.
[00:10:39.040 to 00:10:41,620] Uh, she invited me to learn more about it.
[00:10:41.620 to 00:10:43,640] She introduced me to people who have taught her.
[00:10:43.780 to 00:10:46,560] She introduced me to instructors that she had and the
[00:10:46.560 to 00:10:48,940] education that she has access to, which
[00:10:48.940 to 00:10:50,900] is now the education that I have access to.
[00:10:51.280 to 00:10:54,460] And as soon as I saw it, I was like, mm-hmm.
[00:10:54.820 to 00:10:55,680] I'm doing this.
[00:10:56.260 to 00:10:56,660] Nice.
[00:10:57.340 to 00:10:57,820] That's it.
[00:10:59.240 to 00:10:59,540] Okay.
[00:10:59.540 to 00:11:03,360] So that was November of 2019.
[00:11:04.160 to 00:11:07,340] That was December, 2018.
[00:11:07.760 to 00:11:08,880] Oh, December, 2018.
[00:11:08.880 to 00:11:09,240] Okay.
[00:11:09.240 to 00:11:11,760] So you've been a part of our community for two years now.
[00:11:12.140 to 00:11:12,520] Two years.
[00:11:12.680 to 00:11:12,880] Yep.
[00:11:13.420 to 00:11:13,780] Excellent.
[00:11:13.960 to 00:11:14,240] Okay.
[00:11:14.320 to 00:11:17,590] And so how long, uh, did it take for you from when you
[00:11:17.590 to 00:11:19,340] started to getting into your
[00:11:19.340 to 00:11:19,880] first deal?
[00:11:20.400 to 00:11:22,880] That took about, about eight months.
[00:11:23.660 to 00:11:24,680] Eight months.
[00:11:24.680 to 00:11:29,870] I decided to spend an hour every day on this, my brain, you
[00:11:29.870 to 00:11:32,100] know, getting more knowledge,
[00:11:32.740 to 00:11:34,880] practicing skills, never there are action steps I could
[00:11:34.880 to 00:11:36,620] find in, in, in the education,
[00:11:36.620 to 00:11:40,290] plugging into the community of investors and entrepreneurs
[00:11:40.290 to 00:11:42,520] and business owners that, that
[00:11:42.520 to 00:11:45,810] we have and figuring out how I can add value whenever I was
[00:11:45.810 to 00:11:46,760] around them.
[00:11:47.900 to 00:11:48,320] Okay.
[00:11:48.460 to 00:11:50,640] So tell us about your, your first deal then.
[00:11:50.700 to 00:11:51,460] How did you find it?
[00:11:51.520 to 00:11:52,080] What was it?
[00:11:52.100 to 00:11:52,940] And how much did you make?
[00:11:53.280 to 00:11:53,460] Okay.
[00:11:53.620 to 00:11:58,230] My first deal was actually a modular home and I found it by
[00:11:58.230 to 00:11:59,740] a wholesaler.
[00:11:59.980 to 00:12:02,280] A wholesaler is, is somebody who, who is a, is an
[00:12:02.280 to 00:12:04,380] acquisition expert for real estate.
[00:12:04.580 to 00:12:06,980] And he found it, told me, and I said, no.
[00:12:07.480 to 00:12:10,260] And because I had been learning how to analyze deals from
[00:12:10.260 to 00:12:12,500] the education, I looked at it and said,
[00:12:12.500 to 00:12:13,360] no, I'm sorry.
[00:12:13.360 to 00:12:16,720] That's not going to work, but I can offer this much money
[00:12:16.720 to 00:12:18,720] because we are investors, right?
[00:12:18.740 to 00:12:19,460] We make offers.
[00:12:19.940 to 00:12:21,400] So I offer this much.
[00:12:21.400 to 00:12:24,580] And he said, well, my, my seller can't go down that far.
[00:12:24.580 to 00:12:27,080] I'm like, okay, well then good luck with that.
[00:12:27.080 to 00:12:30,110] He came back to me, says no one else wanted it with the
[00:12:30.110 to 00:12:32,660] price that I offered and said, okay,
[00:12:32.660 to 00:12:35,050] I convinced her to go down to the price that you were
[00:12:35.050 to 00:12:35,780] offering.
[00:12:36.040 to 00:12:37,120] Do you still want it?
[00:12:37.440 to 00:12:37,780] I said, yeah.
[00:12:38.300 to 00:12:39,760] So I did that deal.
[00:12:39.940 to 00:12:41,520] It took about three months.
[00:12:41.700 to 00:12:42,640] I made $20,000.
[00:12:43.440 to 00:12:44,920] It was, it was a.
[00:12:45.440 to 00:12:45,960] Yeah.
[00:12:46.080 to 00:12:49,520] Harder than three months to sell because modular homes are
[00:12:49.520 to 00:12:51,420] harder to sell than real estate.
[00:12:52.100 to 00:12:53,480] You go to the DMV for those ones.
[00:12:53.560 to 00:12:54,340] It's kind of weird.
[00:12:54.440 to 00:12:55,820] Anyways, different story.
[00:12:56.620 to 00:12:59,260] But yes, I made $20,000 and the project took three months.
[00:12:59.940 to 00:13:00,660] Nice, man.
[00:13:01.120 to 00:13:04,970] So basically your, your, the job, you said you made, you
[00:13:04.970 to 00:13:07,800] were making like 17,000 before
[00:13:07.800 to 00:13:08,580] you became a teacher.
[00:13:09.300 to 00:13:09,580] Yeah.
[00:13:10.080 to 00:13:13,470] And so you basically replaced that income in a quarter of
[00:13:13.470 to 00:13:14,380] the time.
[00:13:14.500 to 00:13:15,160] That's what I'm hearing.
[00:13:15.820 to 00:13:17,300] That is what I'm saying.
[00:13:17.800 to 00:13:19,300] And it was glorious.
[00:13:20.240 to 00:13:20,720] Nice.
[00:13:21.740 to 00:13:22,540] Way cool.
[00:13:22.880 to 00:13:25,840] And what other deals have you done Tyson since then?
[00:13:26.440 to 00:13:26,940] All right.
[00:13:26.980 to 00:13:29,620] I've done a deal in the avenues of Salt Lake City.
[00:13:30.340 to 00:13:34,240] It's on, so Salt Lake City has different areas.
[00:13:34.380 to 00:13:35,280] It's a pretty big place.
[00:13:35.360 to 00:13:38,540] The avenues is a popular area and houses go, houses are
[00:13:38.540 to 00:13:40,260] from the 1800s.
[00:13:41.420 to 00:13:41,780] Yeah.
[00:13:42.480 to 00:13:43,540] Gustav is doing this.
[00:13:43.640 to 00:13:44,040] He's right.
[00:13:45.120 to 00:13:47,720] So the J street was a fix and flip.
[00:13:47.960 to 00:13:49,800] We made 60,000 on that one.
[00:13:49.800 to 00:13:51,260] That project took five months.
[00:13:52.560 to 00:13:54,740] Most recently we did a project.
[00:13:54.740 to 00:13:56,280] I love how casually he just says it.
[00:13:56.320 to 00:13:58,560] I just made like 60 grand on that one.
[00:13:59.560 to 00:14:05,100] I have a quick comment about your comment, Michael.
[00:14:06.100 to 00:14:13,260] When I was thinking about doing all this, I had a mindset
[00:14:13.260 to 00:14:14,000] shift.
[00:14:15.000 to 00:14:18,120] Like, for example, $10,000 in real estate isn't that much
[00:14:18.120 to 00:14:18,800] money.
[00:14:19.460 to 00:14:22,400] And I also learned one of the first things that we have
[00:14:22.400 to 00:14:24,440] different currencies, right?
[00:14:25.820 to 00:14:27,640] Our most valuable currency is our time.
[00:14:28.120 to 00:14:29,180] Second is our knowledge.
[00:14:29.420 to 00:14:30,220] Third is our relationships.
[00:14:30.840 to 00:14:32,660] Fourth is our credit.
[00:14:33.120 to 00:14:35,140] I like to take it a step up and say credibility.
[00:14:36.000 to 00:14:37,160] And fifth is our money.
[00:14:37.280 to 00:14:38,600] Money to me is the least valuable.
[00:14:38.860 to 00:14:40,620] Anyways, that's what I wanted to say.
[00:14:41.100 to 00:14:41,240] Yeah.
[00:14:41.640 to 00:14:41,900] Right.
[00:14:42.000 to 00:14:44,010] So you're like, you're more impressed with the
[00:14:44.010 to 00:14:46,220] relationships that you're forging and the knowledge
[00:14:46.220 to 00:14:48,100] you're gaining than necessarily the money you're earning.
[00:14:48.740 to 00:14:49,140] Absolutely.
[00:14:50.100 to 00:14:50,360] Okay.
[00:14:50.480 to 00:14:51,880] That's the mindset shift, folks.
[00:14:52.020 to 00:14:52,880] Take a note of that.
[00:14:54.020 to 00:14:55,640] What's in the back there, Tyson?
[00:14:55.780 to 00:14:56,960] I see there's something in the back.
[00:14:57.400 to 00:14:58,860] Oh, that is my vision board.
[00:15:00.140 to 00:15:00,520] Okay.
[00:15:01.100 to 00:15:02,820] That helped with the mindset shift, huh?
[00:15:03.080 to 00:15:03,560] It does.
[00:15:03.700 to 00:15:08,360] Every day I sit on my bed, which is below the screen, and I
[00:15:08.360 to 00:15:10,900] stare at that vision board for
[00:15:10.900 to 00:15:14,680] about five minutes, and I imagine myself how it feels to
[00:15:14.680 to 00:15:17,020] have things on my vision board.
[00:15:17.140 to 00:15:19,480] I imagine what I will do with it.
[00:15:19.560 to 00:15:20,820] I imagine how I will get there.
[00:15:20.820 to 00:15:24,240] I imagine myself enjoying the things on my vision board,
[00:15:24.240 to 00:15:25,800] and that really helps.
[00:15:25.940 to 00:15:26,900] That's a unique vision board.
[00:15:27.400 to 00:15:27,680] What?
[00:15:27.820 to 00:15:28,920] It's not really a board.
[00:15:29.920 to 00:15:30,120] Yeah.
[00:15:30.160 to 00:15:32,490] I actually got the idea from another member of the
[00:15:32.490 to 00:15:33,280] community.
[00:15:33.500 to 00:15:36,380] He showed a picture of his, and I'm like, yeah, I like that
[00:15:36.380 to 00:15:36,680] .
[00:15:37.340 to 00:15:38,220] I'm doing that, too.
[00:15:38.760 to 00:15:39,640] How does it work, though?
[00:15:39.740 to 00:15:41,820] It looks like it's hanging up.
[00:15:42.060 to 00:15:42,940] There's stuff hanging on it.
[00:15:43.260 to 00:15:46,680] How it works is I get a picture of something that I want to
[00:15:46.680 to 00:15:49,140] put on my vision board, and then
[00:15:49.140 to 00:15:52,470] I put a sticky note attached to that picture, and the
[00:15:52.470 to 00:15:55,120] sticky note says, I am so thankful
[00:15:55.120 to 00:15:58,270] I was able to purchase my Ford Raptor with an apartment
[00:15:58.270 to 00:15:59,000] complex.
[00:16:00.340 to 00:16:01,140] On the wall.
[00:16:01.500 to 00:16:01,740] All right.
[00:16:01.800 to 00:16:04,260] And then I put a date on the wall, and then I put date
[00:16:04.260 to 00:16:05,720] accomplished, blank.
[00:16:07.960 to 00:16:08,200] Okay.
[00:16:08.200 to 00:16:08,360] Yeah.
[00:16:08.360 to 00:16:13,380] So using strategies that we learned from the education, my
[00:16:13.380 to 00:16:15,560] plan currently is to take
[00:16:15.560 to 00:16:16,460] the current fix and flip.
[00:16:16.580 to 00:16:17,420] It's called the jungle flip.
[00:16:17.520 to 00:16:18,360] It's up in Ogden, Utah.
[00:16:18.920 to 00:16:21,490] Profit for that one is projected to be $92,000, being
[00:16:21.490 to 00:16:22,420] conservative.
[00:16:22.920 to 00:16:26,250] And I'm going to take that profit, and I'm going to trade
[00:16:26.250 to 00:16:27,980] it up into bigger and bigger
[00:16:27.980 to 00:16:30,600] things until I can buy a small apartment complex.
[00:16:31.380 to 00:16:34,440] And the net cash flow from that apartment complex is going
[00:16:34.440 to 00:16:36,180] to pay for a Ford Raptor for
[00:16:36.180 to 00:16:36,360] me.
[00:16:36.580 to 00:16:37,880] I'm not going to buy the Ford Raptor.
[00:16:38.220 to 00:16:40,440] The apartment complex is going to buy the Ford Raptor.
[00:16:40.640 to 00:16:40,920] Nice.
[00:16:41.560 to 00:16:42,560] Free Ford Raptor.
[00:16:44.140 to 00:16:47,160] So we're really playing the Monopoly game in real life now.
[00:16:48.400 to 00:16:48,840] Yes.
[00:16:49.020 to 00:16:49,260] Right?
[00:16:49.380 to 00:16:51,750] We're taking our little greenhouses and getting those red
[00:16:51.750 to 00:16:52,840] hotels, so to speak.
[00:16:53.260 to 00:16:53,560] Uh-huh.
[00:16:54.600 to 00:16:55,080] Awesome.
[00:16:55.760 to 00:16:56,140] Okay.
[00:16:56.780 to 00:17:01,440] So although you made that mental shift, will you just
[00:17:01.440 to 00:17:04,480] describe what it was like when you
[00:17:04.480 to 00:17:07,910] very first closed and held that check, that very first
[00:17:07.910 to 00:17:08,560] check?
[00:17:08.640 to 00:17:09,520] What was that feeling?
[00:17:10.520 to 00:17:15,210] For me, it was, well, first of all, it's not more happiness
[00:17:15.210 to 00:17:15,580] .
[00:17:15.880 to 00:17:17,990] I figured out how to be happy without money when I was
[00:17:17.990 to 00:17:21,000] younger, and that's going to continue
[00:17:21.000 to 00:17:22,120] until I die, I think.
[00:17:22.360 to 00:17:24,080] But so it's not more happiness.
[00:17:24.340 to 00:17:26,530] What it did give me, though, is more security, more comfort
[00:17:26.530 to 00:17:26,760] .
[00:17:27.640 to 00:17:30,040] I knew right away that, okay, so this year, at least this
[00:17:30.040 to 00:17:31,860] year with this one check, it's
[00:17:31.860 to 00:17:34,820] taken care of, and so I don't need to worry about anything
[00:17:34.820 to 00:17:36,660] as long as I keep living a moderate
[00:17:36.660 to 00:17:37,580] life like I have been.
[00:17:39.280 to 00:17:42,030] The second thing it did for me is it gave me confidence
[00:17:42.030 to 00:17:43,720] that I can go out and do it again.
[00:17:44.360 to 00:17:44,720] Yeah.
[00:17:45.680 to 00:17:46,040] Cool.
[00:17:46.140 to 00:17:48,990] So you've already accomplished two, and you're on your
[00:17:48.990 to 00:17:50,040] third right now.
[00:17:50.140 to 00:17:50,880] Is it on the market?
[00:17:51.940 to 00:17:53,200] It is not on the market.
[00:17:53.840 to 00:17:57,570] There's, Mike said in the beginning that the real estate is
[00:17:57.570 to 00:17:58,380] risky.
[00:17:58.780 to 00:18:02,290] This one has an issue with the Salt Lake Historic Society,
[00:18:02.290 to 00:18:04,100] and they're holding us up.
[00:18:04.160 to 00:18:05,160] The house is up to code.
[00:18:05.320 to 00:18:07,490] The project's done, but they're holding us back, so we're
[00:18:07.490 to 00:18:08,900] working through that right now.
[00:18:09.600 to 00:18:10,440] This is the jungle flip?
[00:18:11.020 to 00:18:12,540] No, the jungle flip isn't done yet.
[00:18:13.200 to 00:18:13,520] Oh, okay.
[00:18:13.660 to 00:18:13,780] Okay.
[00:18:13.780 to 00:18:15,540] So you have two projects going on right now.
[00:18:15.880 to 00:18:16,460] I do, yeah.
[00:18:16.760 to 00:18:17,080] Okay.
[00:18:17.640 to 00:18:18,360] Right on.
[00:18:19.160 to 00:18:23,340] And so you're just playing this monopoly life, right?
[00:18:23.400 to 00:18:26,860] Don't eat everything you earn, right?
[00:18:26.900 to 00:18:29,240] And you're saying you're trading it up, turning that profit
[00:18:29.240 to 00:18:30,880] into the next, into the next, until
[00:18:30.880 to 00:18:33,400] you basically have a cash flow lifestyle.
[00:18:34.320 to 00:18:34,600] Yes.
[00:18:34.800 to 00:18:38,200] Talking about mindsets, another huge mindset shift that I
[00:18:38.200 to 00:18:40,300] experienced, I was raised to have
[00:18:40.300 to 00:18:42,900] a very strong, what's called employee mindset.
[00:18:43.680 to 00:18:46,520] People with the employee mindset, when they get money, that
[00:18:46.520 to 00:18:48,300] 's like an extra sum of money,
[00:18:48.660 to 00:18:51,380] their first impulse is often to go spend it on something.
[00:18:51.520 to 00:18:52,340] I want to buy a truck.
[00:18:52.580 to 00:18:54,100] I want to buy a boat.
[00:18:54.740 to 00:18:55,560] Don't buy a boat.
[00:18:56.920 to 00:18:57,780] Don't buy a boat.
[00:18:58.020 to 00:18:59,100] I want to buy something.
[00:18:59.100 to 00:19:01,820] I want to buy, add to my house or something.
[00:19:02.300 to 00:19:07,170] But then the opposite from that is, is abundance mindset,
[00:19:07.170 to 00:19:10,800] abundance mindset or investor mindset.
[00:19:10.980 to 00:19:13,170] I don't know what you want to call it, but they take the
[00:19:13.170 to 00:19:14,700] extra sum of money and they think,
[00:19:14.940 to 00:19:15,820] how can I make this grow?
[00:19:16.060 to 00:19:17,140] How can I keep it?
[00:19:17.480 to 00:19:18,980] How can I make this work for me?
[00:19:19.260 to 00:19:20,560] My money becomes my employee.
[00:19:21.100 to 00:19:23,460] So that's what I am doing.
[00:19:24.440 to 00:19:25,300] Right on.
[00:19:25.640 to 00:19:26,980] And how old are you?
[00:19:27.660 to 00:19:28,260] I'm 32.
[00:19:28.900 to 00:19:29,340] 32.
[00:19:30.180 to 00:19:32,480] So folks, I know some people are sitting there going, well,
[00:19:32.480 to 00:19:33,240] I don't know.
[00:19:33.360 to 00:19:33,920] I don't know.
[00:19:34.320 to 00:19:37,120] I already had this much money into college and these jobs.
[00:19:37.160 to 00:19:39,420] And what are my friends and family going to think?
[00:19:39.660 to 00:19:42,820] And folks, you got to shake off all those excuses.
[00:19:43.080 to 00:19:46,670] Tyson is a great example of just embracing the process of
[00:19:46.670 to 00:19:47,480] change.
[00:19:47.900 to 00:19:49,960] I believe it was Albert Einstein that said, the thinking
[00:19:49.960 to 00:19:51,300] that got you into your problem
[00:19:51.300 to 00:19:53,840] is insufficient to get you out of your problem.
[00:19:54.840 to 00:19:57,250] And so that's one thing that we do here is we teach you a
[00:19:57.250 to 00:19:58,600] new way of thinking to solve
[00:19:58.600 to 00:19:59,080] your problems.
[00:19:59.280 to 00:20:00,900] Tyson, you've been a great example of that.
[00:20:01.000 to 00:20:02,930] Thank you so much for being here and also your
[00:20:02.930 to 00:20:05,060] contributions to our community at large.
[00:20:05.600 to 00:20:06,380] Much appreciated.
[00:20:07.000 to 00:20:07,520] You're welcome.
[00:20:08.620 to 00:20:09,380] Okay, cool.
[00:20:09.800 to 00:20:12,460] Now, we do have a couple of bonus questions after the
[00:20:12.460 to 00:20:14,200] recording stops, Tyson.
[00:20:14.300 to 00:20:15,520] So hang around for one second.
[00:20:16.180 to 00:20:19,020] Now, folks, if you like that episode, go ahead and request
[00:20:19.020 to 00:20:20,680] from the person who got you here
[00:20:20.680 to 00:20:22,060] the playlist.
[00:20:22.380 to 00:20:24,340] I believe this is episode 64 now.
[00:20:24.480 to 00:20:25,760] We got a ton coming.
[00:20:26.360 to 00:20:27,680] So stay involved.
[00:20:27.900 to 00:20:30,020] And then three things, you want to come to an intro.
[00:20:30.560 to 00:20:31,640] Mike, did you come to an intro?
[00:20:32.460 to 00:20:33,460] I came to an intro.
[00:20:33.700 to 00:20:34,460] I came to an intro.
[00:20:34.620 to 00:20:35,660] Tyson, did you go to an intro?
[00:20:36.260 to 00:20:37,580] I did go to an intro.
[00:20:37.700 to 00:20:39,600] That was the first exposure I had to this.
[00:20:40.000 to 00:20:42,620] You guys weren't doing these little interviews before then.
[00:20:43.620 to 00:20:46,020] So get on the intro, folks.
[00:20:46.140 to 00:20:47,440] And then we have house tours.
[00:20:47.560 to 00:20:49,500] Now, you can watch the recordings or the live.
[00:20:49.660 to 00:20:53,450] We do, between our communities around the country, do about
[00:20:53.450 to 00:20:55,880] 200 live house tours a year.
[00:20:56.280 to 00:20:57,800] So you want to come to one of those.
[00:20:57.860 to 00:20:59,840] You can see it firsthand, what's going on.
[00:21:00.080 to 00:21:02,160] And then you want to come to the workshop, number three.
[00:21:02.240 to 00:21:04,650] We have one coming up tomorrow for those of you who are
[00:21:04.650 to 00:21:05,840] here live or you get sent to
[00:21:05.840 to 00:21:06,480] recording today.
[00:21:06.760 to 00:21:09,660] But we do have very regular workshops.
[00:21:10.120 to 00:21:11,000] So attend those.
[00:21:12.020 to 00:21:13,080] Embrace this process.
[00:21:13.220 to 00:21:16,370] Link arms with us and go and chase your dreams and fight
[00:21:16.370 to 00:21:17,260] your fears.
[00:21:17.900 to 00:21:18,600] All right, guys.
[00:21:19.180 to 00:21:21,400] So with that being said, we're going to sign off for now.
[00:21:21.520 to 00:21:23,280] Have a wonderful day and we'll see you on the next one.
[00:21:24.720 to 00:21:25,160] Toodaloo.
[00:21:25.640 to 00:21:25,960] Bye.
[00:21:26.100 to 00:21:26,480] Thank you.