The Real Estate Investor Radio Show – What is Lifestyles Doing Differently to Produce Dramatic Results?

“In other words they’re not financially independent, yet you go to them and hire them to teach you to be financially independent.

Do the math, people. They can’t help you.

They can just repeat and regurgitate what they’ve done and what they’ve been taught to sell.

And then some of them can’t even talk to you about things like real estate because they’ve been told not to by their brokers.”

Today I want to refer you guys to someone that was kind enough to reply to a comment I made on his website. It’s funny. It’s called the BawldGuy —bawldguy.com. And he was sharing with his people a lesson of not going after cash flow.

Now, this sounds weird—especially on this show. But it’s actually a worthwhile article, because he brings up the fact that there are some investments out there that are solely cash flow and they don’t have equity build-up and they don’t have appreciation. And man, I couldn’t agree more with that.

But I think after a couple of comments back and forth, what he’s trying to do is help people invest smarter and wiser. And I think that’s the same goal that we have at Lifestyles Unlimited is for people, Americans, to invest smarter and wiser—and really everywhere. I’m not really a big fan of just saying America. I don’t like that. I want the whole world, if you will, to do better.

Financial Philosophy

And one of the things that has to occur is we all need a financial philosophy that’s effective that works. And I really think that after having read that article, which for me was a shock having been a real estate investor for 20 years, I would never buy anything that didn’t cash flow.

But I can see why BawldGuy says don’t just focus on cash flow, because man, if you leave out the equity then if you’re making 6 percent on a million dollars, that’s totally different than making 6 percent on $5 million. So you’d better be doing something to get that one million to five million while you’re getting your cash flow every month.

There’s also another article that I have not had the opportunity to read, but the first paragraph of it is just excellent—and again this is at BawldGuy—What A Little Well Placed Cash Flow Can Accomplish. So I’m excited to read that here on the break or at the end of the show.

But it’s just another source of good investing information where to me it seems that this is an individual that really does care about Americans and people in general, and he’s trying to do the best he can to give good advice. Pretty neat.

Equity Capture

But what I wanted to do is since I now know that you’ve got financial planners out there and you’ve got stock brokers and things like that talking to you about stuff that cash flows, I don’t want you to confuse that with when I’m talking about cash flow. Because if these guys are showing you stuff that cash flows but doesn’t have equity capture, doesn’t have equity build-up, doesn’t have principal pay-down, then we’re talking about two different animals.

And you are going to get slaughtered in the marketplace by comparison to somebody who’s actually investing in something that produces cash flow, tax advantage, equity build-up, principal pay-down and equity capture. It’s just flat out you’re going to get beat to death. Does that make sense?

I cannot imagine anybody buying any product that only made money one or two ways when there’s products out there like real estate that make money five ways. This is why people are always saying, “Man, Steve, those real estate rates of return you talk about in the hundreds of percent, they just sound so ridiculous.”

Ridiculous

Well, of course they sound ridiculous. If you’ve been hammered, beat up, misled—and some of the misleading is through ignorance, so I want to be very careful so it doesn’t come off like I’m saying that financial planners and all these CPAs are liars—they just don’t know.

In other words they’re not financially independent, yet you go to them and hire them to teach you to be financially independent. Do the math, people. They can’t help you. They can just repeat and regurgitate what they’ve done and what they’ve been taught to sell. And then some of them can’t even talk to you about things like real estate because they’ve been told not to by their brokers.

So if you are out there right now listening to me and you’ve listened to me for a while, and then you’ve got somebody in your ear saying, “Don’t worry about it. You don’t need real estate. Real estate’s tenants/toilets/taxes. It’s late-night phone calls. It’s you can’t get financing. You can’t do this. It requires massive amounts of time.”

Lies

And they’re telling you all those lies to get you to settle way down here. In other words, if there’s five levels—things that make you money five ways, then things that make you money four, three, two, and one, and they say, “Now, what you need to do—oh, don’t worry about it. I know exactly what Steve’s saying. I can get you cash flow. Give me all your money.” And then they put you in something that only cash flows. Ridiculous.

You have lowered your expectations for yourself and your family so low that there really is no excuse for it—not if you’ve listened to this show. Now, I’m giving a break to people who are ignorant that they’ve never read any books on anything, they don’t really study, they don’t do anything to learn about finances.

I’m talking about people like you who are actually taking time to listen to radio shows like this. God forbid. Some of you have probably bought some CD’s on building wealth. You’ve bought some books on building wealth. You know better. You cannot go to your CPA or financial planner and let them tell you that you have to have one or the other that you can go speculate over here in the stock market and if it goes up in value you’ll build equity.

Getting Both

And they can’t then say—or you go over here and get cash flow but you won’t get any equity. You’re not going to get any equity build-up. That’s not true at all. We get both and we get both every single day.

So my sales pitch to you is this: I want you and your family—and don’t even believe me. All I’m asking for is the benefit of the doubt at this point. Here’s why: We’ve been here for 20 years, 9,000 members, 400, 500, 600 apartment complexes—I don’t know the total number — 10,000-20,000 single-family homes. We’ve been on radio seven days a week for three or four years. We’ve been on the radio at least once a week for 6-7 years telling you the same thing.

Now, you can sit at home and lie to yourself and go, “These guys are quacks. They’re liars. They’re misrepresenting.” You can sit at home and say that all you want, but something in the back of your mind is going but 20 years? Radio seven days a week? Dallas, Fort Worth, Houston, Austin, San Antonio, Denver Colorado—how can they possibly be in all these places?

Something logical has to be going off in your mind to go maybe these guys are telling the truth. And just maybe my family deserves to at least check out what these guys are doing. What are the men and women at Lifestyles Unlimited doing that is so different that’s getting them such dramatic results from their finances?