How I Turned $20K into a Million-Dollar Home Business | R Dyson Colley DSH #526
Join us for an electrifying episode of Digital Social Hour with Sean Kelly, where we dive into the wild journey of turning an IT career into a $1M homebuilding empire! π Our guest, the incredible R Dyson Colley, shares his mind-blowing transition from tech to construction, and how he built a thriving business from scratch. π¨π‘
Tune in now to hear Dysonβs secrets on choosing reliable contractors, managing building costs, and creating generational wealth through real estate. π Whether you're a seasoned investor or just curious about the homebuilding world, this episode is packed with valuable insights you can't afford to miss! ποΈπ°
Donβt miss out on this inspiring conversation! ποΈ Watch now and subscribe for more insider secrets. πΊ Hit that subscribe button and stay tuned for more eye-opening stories on the Digital Social Hour with Sean Kelly! π Join the conversation and discover the keys to transforming your career and achieving financial freedom.
Keywords: Digital Social Hour, Sean Kelly, Podcast, Apple Podcasts, Spotify, Dyson Colley, IT to Homebuilder, Real Estate, Construction, Millionaire Journey
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#BuildingHouses #HomebuilderJourney #RealEstate #HouseFlipping #ConstructionBusiness #RDysonColley
CHAPTERS:
00:00 - Intro
00:41 - How Dyson got into building
01:29 - Your first house
02:26 - How much you can make building houses
06:10 - Do you need a license to build
06:54 - How much money do you need to start building
07:57 - Interest rates on construction loans
08:30 - How long does it take to build a house
10:06 - Building your own house
14:37 - Apply to be a guest on the DSH
15:52 - Build to own and finance vs build to rent
19:20 - What Do You Do In Your Spare Time
21:43 - Did You Always Have This Mindset
23:54 - People Are Afraid To Be Controversial
25:00 - How to find good partners
28:07 - Where to find Link
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GUEST: R Dyson Colley
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Transcript
I mean, cheaper is better on a standpoint of
profit, but at the same time, you want more efficiency in this industry.
I'd rather pay more for somebody that's going to get it right the first time than pay less and then have them come back and have to redo it again and pay more money to get it done.
So definitely having reliable contractors and making sure they get the job done right.
Wherever you guys are watching this show, I would truly appreciate it if you follow or subscribe.
It helps a lot with the algorithm, it helps us get bigger and better guests, and it helps us grow the team.
Truly means a lot.
Thank you guys for supporting.
And here's the episode.
All right, guys, here with R.
Dice and Collie.
We're going to talk about building houses today, man.
Absolutely, man.
That's what you do.
That's good.
Do man, all day long.
Yes, sir.
When did you get into this?
Uh, man, I've been building going on about 10 years this year, man.
Started kind of in real estate 2016, doing everything in real estate, wholesaling, fix and flip, owner finance, and ended up purchasing a lot from somebody on accident.
The lady was behind in taxes.
I saw the lot a few times previously, dropping my son off from school and was like, man, if I can wholesale a house, like I can wholesale a lot.
Contacted the lady, ended up purchasing the house from her or purchasing a lot from her.
uh built my first house man had some private money investors that funded it and built my first house man that was early you know 2016 so
you had no idea what you were doing.
You just absolutely not, man.
I told the guys, I was like, Listen, I want to build a house, I don't know nothing about building a house.
So, I had kind of a background in construction from like working in the summer, right?
So, there were a couple of guys in my neighborhood that you know used to take me to work in the summer, so we used to go build decks and build dog houses and all that type of stuff.
So, I was good with my hands, but never really got into construction construction.
And, man, I just jumped in head first.
Yeah, what a risk because you were probably in six figures, right, to build it and stuff.
Yeah, so I think, and I tell this story all the time.
Man, the very first house I built, I built just winging it, like no help, no anything.
And I think our budget for that one was like $145.
We ended up going over budget $19,000.
And it took me nine months.
I made like $3,218, bro.
That's it.
That's it.
That was my profit for nine months.
For nine months of work.
So, yeah.
So when you do the math, you're talking about $400 a month.
And that made you want to do it again?
Eight months.
Well, I understood, man, like, once I get it, I have it.
Right.
So, it was just a matter of taking what that skill that I learned and then just kind of honing it to make it better.
And so, my next three houses, I was under budget,
started making 30, 40 grand.
Wow.
And it's been up since then.
Okay.
So, you can make 30K on just one of them?
Oh, man.
We try to make a minimum of $40,000 every house we build.
So, that goes up from 40K, man.
You can make upward of 130, 130 140 just depends on the house and the market that's pretty solid because if you do a couple a year that's 100k a year and that's what we tell people so in our in our program that we have we tell people man you only need to do two or three houses a year and that could change your life like that could really set you set you right for you know changing your financial outlook building wealth for yourself your family you only have to do two or two or three a year that's super realistic you could do that on the side probably absolutely absolutely and we have people we have people that come through our program they're nurses they're doctors i mean i'm sorry, nurses and teachers, things like that, and come through our program where they're building homes right now, creating that generational wealth for themselves.
So, I mean, it's very realistic, bro.
I'm an IT guy by trade.
So, like, I spent 20 years in IT
and I jumped off the porch into construction and building.
And I've been doing this for almost 10 years, bro.
Yeah.
You know, I've made millions of dollars.
Yeah, all in Texas?
Absolutely.
All in Texas.
In Dallas?
Yeah, in Dallas.
Nice.
Does this work?
Okay.
Does this work in other cities, though?
It does.
So you really just have to understand
your region or your area where you're building.
So
there's 12 states in the continental U.S.
that don't require you to have a license to build, right?
Texas is one of them.
So if you're building in a state that requires you to have a license, only thing you have to understand is those requirements for gaining that license and then the process to build.
But the process for actually constructing a house is the same, no matter where you build it.
So it's all the same, man.
So the hard part is just finding the right people to actually build it, right?
Absolutely.
So in our line of work, the contractors are your, they're either going to make you or break you, right?
So reliable contractors are going to make sure that your, your processes are being followed, that your plans are being followed, but the wrong contractors, then you got a problem.
Right.
Like, then you have those that'll take your money.
They'll run off with materials.
They won't come back to the job.
That can delay your process.
That can delay your building.
And it costs you money because then you still have to get the job done.
Right.
So you got to do your due diligence and probably not go with the cheapest one either.
Yeah, I mean, cheaper is better
on a standpoint of
profit.
But at the same time, you want more efficiency in this industry, right?
You want more.
I'd rather pay more for somebody that's going to get it right the first time than pay less and then have them come back and have to redo it again and pay more money to get it done.
So definitely having reliable contractors and and making sure they get the job done right that's what's up you're probably dialed in at this point and you got the same team you work with oh yeah absolutely so we have a list man of contractors that we've worked with we even label them by grade so we have a whole you know a whole roller deck of contractors that's graded a to d right a is our top level contractors like we don't have to manage them too much um they're they can carry their own jobs things like that where they're not as soon as they're done working they're calling you for a check hey can i get my check type stuff stuff?
Right.
So we have them graded, man, and we just, you know, keep adding to that database.
And that's what makes our business successful, like being able to rely on people that, that do good work for us.
Nice.
Do you have to deal with any licensing issues for building and stuff?
Well, to be honest with you, man, like I mentioned, there's only 12 states that require a license.
Texas is one of them.
Okay.
So as a builder, I don't need a license to build.
So I can teach my son to build right now.
He's 13, right?
So I take him to work in the summer.
Once, if he's ready to start building he can build a house register himself now there is where you have to have trades that are licensed so your hvac guy your plumber and your electrician those are the only three trades that have to be licensed and that's across the board in most states wow so so yeah anybody anybody that has the skill and and really know what they're doing can get a house built man and they can they can they can run up the bag yeah so you said you need around 100 150k
um yeah you really don't need that just depending on how you structure your deal and the type of resources you need.
So, um, normally, what if you're going into a deal where you have lenders and resources that are financing you 100% of the construction plus the purchase of the lot, then you probably need to go in it with about 20 or 25.
Yeah, that's it.
And that'll get you because what you're paying for at that point, if they're, if they're financing 100% of the construction and 100% of the land cost, what you're paying for is your closing costs and your carrying costs, right?
So, on just for instance, um, closed a loan a few weeks ago about 200 and I think it was like 282K.
My closing cost was $8,600.
Damn.
Right.
So I paid $8,600 to get the loan.
Now I own the land and I have 100% construction costs.
So now I'm just funding the interest payments to carry that loan until completion.
So people think you have to have a lot of money, but you really don't.
You just need to know how to, how to structure the deal to make it work for you.
So yeah.
What was the interest on that loan?
Wasn't it like 10%?
Yeah, so when you're dealing with hard money, it's a little bit higher.
Um, it's like some areas, it can go from 10 to 12, they give you two points up front, things like that.
Um, but you got to think about it too, we're building a house in 120 days,
so four months we're building a house.
So, if you're really on schedule and you're efficient in doing what you do, then yeah, you build a house 120 days.
Most terms are a minimum six months.
So, if you're in and out within six months, you're only paying you know about four months of interest.
Oh, that's not bad.
Yeah, it's not bad at at all.
Damn, I didn't know you could build a house that quick.
Oh, yeah, man.
We built a house in 120 days.
We're crazy.
We're in and out, man.
We've seen people working on their houses for years in Cali.
Yeah, and see, I mean, it really just depends on the area, too, how your processes are working, materials, things like that, contractors, all of that plays a part in it, bro.
We've just become so efficient in what we do.
We build probably about 35 houses a year.
Damn.
So, you know, how long does it take to find a buyer?
Man, it really just depends on the market, man.
I remember before, like,
we were selling houses like three hours what yeah we're selling house like three hours we list them so that the prime time to list the house is right before the weekend so we list a house on like thursday Thursday night, Friday morning, we got a show and somebody comes, check it out, man.
They putting in a contract Friday morning.
So it's a matter of hours.
Yeah.
So, you know, and right now, sometimes it gets slower.
Like right now, you have an increase in interest rates.
So it's still, it's kind of slow.
But people are still buying houses right now.
They just have to adjust to to the higher interest rates, man.
But man, we were selling houses in three hours.
Wow, that's crazy.
So the interest rates kind of slowed down the business a bit.
Yeah, absolutely, man.
Because what happens is people have to adjust for higher payments with a higher interest rate.
Right.
And so if you, if you factor in, you know, the bills and all of that type stuff that it's going to take for you to make your payment, then sometimes that may need an adjustment.
And right.
So with higher interest rates, you have, you know, things that are higher.
So once they adjust to that higher interest rate, then they're back looking for houses, man.
And so
we haven't had any problems selling houses.
Nice.
Did you build the house you live in right now?
The house that I, I'm building my house now.
The current house that I live in is not a house that I built.
The house that I'm going to live in is a 7,800 square foot house that I'm going to build myself.
Let's go.
Cool hot tub.
Absolutely, man.
We're everything.
Two-story closet, two kitchens.
Damn, I love it.
Everything.
That's my goal one day, dude.
For real.
Yeah, absolutely, man.
You have no idea, man.
Building your own house saves you so much money.
I bet.
Yeah, it saves you so much money, man.
My partner, he built his house, which is about 7,200 square feet.
Wow.
And I think he saved probably about 300 grand
on building his own house.
That's crazy.
You know what I mean?
And it appraised.
I think he built it for
a little under a million or right at a million.
And it appraised for like 1.6 or something like that.
So I think more people should do that, man.
Yeah, and absolutely.
And so, you know, that's what we teach people.
Like, we teach people like there are different ways for you to benefit from having the skill of being a builder, whether you want to build for somebody else.
Like we do
what we call fee bills.
That's 100% risk-free money, right?
Where, say, for instance, you want a house built.
Well, you don't know how to build a house, but I do.
So you hire me to build a house, but you have all the financing already in place, which means you're coming to me just to use my skill to make sure your house gets built.
So as a builder, all I have to do is make sure that I do what you paid me to do.
Right.
And I charge you a certain fee.
Well, that's 100% risk-free.
My name isn't on the deed.
It's not on any paperwork and it's not on your loan.
So all I have to do is complete the job.
Wow.
That's a win-win, too.
It's a win-win, bro.
Risk-free.
I'm doing what I do every day, making it happen.
And at the end of it, you're satisfied with your house.
We got your house built.
I get paid.
We go our separate ways, or you might hire me to do another one.
Yeah, I love that because I've been house shopping for years, man.
And there's always like one or two things I want to change.
So I'm at the point now where I'd rather just build my own house.
Yeah, listen, you're at a point you can build what you want, bro.
Yeah, just wonder if Nevada is one of those states.
Yeah, um, I have a list, man.
I'll shoot you that list, but yeah, man, it's it's 12 of them, bro.
And you'll be, you'll, yeah, you'll say big number one, but then you get to get what you want as well.
So, you're in a position, you can build what you want, bro.
Hell yeah, bro.
I need that backyard.
Yeah, man, anything.
So, yeah, that's how it works, man.
So, we have a few ways that people can benefit from learning how to build.
You can be a fee builder, what we call a spec builder.
We do a lot of affordable housing in Texas.
And so the housing market right now is such, there's such a large shortage of houses, bro.
We can build, I can take 10 people, bro.
We build 100 houses a piece.
We still won't catch up.
We're 3.2 million houses behind in housing shortage.
And there's a lot of people coming to the country right now.
Absolutely.
So think about this.
D.R.
Horton is the largest home builder in America, right?
They built 83,000 houses last year, $32 billion worth of housing housing that they built last year as one company, right?
The 240th builder on that list was 1% of what D.R.
Horton made.
They made $32 million.
Holy crap.
And they're number 240th on that list.
Wow.
So you're about to be right in there.
Absolutely.
So at the end of the day, for me to be comfortable or anybody to be comfortable in building houses, like you say, it goes back to I only need to build two or three houses a year.
I would take 1% of 32 million any day just to add some extra income.
It's 3 million.
Yeah.
It's not bad at all, man.
Yeah, absolutely, bro.
So seems like building is probably the, I want to say, I don't know, I don't know if safe is the right word, but like with flipping, there's just so many things you can't control.
You know what I mean?
Yeah.
And see, that's why I used to flip.
Right.
So before I started building or like kind of riding in that same range, I was doing a lot of fix and flips.
And I got into building because of those things, like the unknowns, bro.
We get into houses, we buy them, sight unseen sometimes.
There's problems with the electrical we didn't know were there.
Problems with the plumbing we didn't know was there.
With building, once I build it and I install it and I get a green tag, which is the passing grade for your inspections, I'm good to go.
I know my plumbing is good.
I know my electrical is good.
Once I get that, I'm good to go.
And so, you know,
it comes down to how efficient you are in making sure you build a quality product.
And I love building, man, way, way more than I love flipping yeah it just seems like you have more control which i like absolutely absolutely man you would buy a new car before you buy a used car right yeah
are you interested in coming on the digital social hour podcast as a guest well click the application link below in the description of this video we are always looking for cool stories cool entrepreneurs to talk to about business and life click the application link below and here's the episode guys
Same thing with houses.
People prefer a new house less problems than they do an old house.
No matter how
great you fix it up, how good it looks, it's still the fact that it was 50 years old before you did that versus a house that's brand new.
Absolutely.
So, yeah, man.
So, you said you built 35 last year?
We built about 34 last year, but we're on average about 34, 35 a year.
Right now, we have 38 going up right now.
Damn.
So, you're just planning on scaling out every year?
Yeah.
So, we, like I say, man, because we
have a variety of ways that we build, we do custom bills, we do fee bills, we do spec bills, things like that, man.
Our base for growing is large, right?
So, we, I mean, we have clients that come to us and want us to build four or five houses at a time, and then we also purchase land ourselves to build.
So, right now, we're in the process of looking for 15 to 20 acres to do a subdivision.
Wow.
So, that's going to be 100, 200 houses.
That's crazy.
What do you think of this subject to creative financing stuff going around?
You know what?
That's crazy you asked that because that's one of my business models that I started to kind of kind of lean toward this year.
So
the most popular method is the build to rent method, but then you take that and turn it to a build to own a finance method.
And there's more benefits into building the owner finance than it is to building the rent, right?
So give you an example.
When I build a rent, I build a house, I convert that hard money to a long-term mortgage, and then I rent it out, right?
But I'm still responsible for that house.
So if anything breaks, the toilet, the sink, anything anything like that, I'm still responsible for making sure it gets fixed.
With an owner finance, there's more benefits to it, number one, because once I convert out of that hard money loan, I'm in a long-term mortgage, yes.
But when my owner finance buyer comes, they have to pay me a 10% deposit.
So when I get out of my long-term mortgage, number one, I'm doing a cash out.
So I might uh get some money out of refiing out of that hard money loan.
So I might pull say 30 or 40 grand out, right?
Once I refi, right?
But then once I get that owner finance buyer, they're still required to pay me a 10% deposit.
So right now I have a house on the market for about 270.
Well, I cash out refi, I pull out about 12 grand, which is 12 grand I put in my pocket.
Well, they're coming to pay me right now.
I just heard this morning our 10% is 27 grand.
Well, they're going to pay 35.
Wow.
So now I get 35 grand on top of the 12 that I took out on a cash out refi.
Damn.
Right.
Their interest rate is 9% and I'm a cash flow $720 a month.
Holy crap.
So you made 47 grand up front and you're getting 700 bucks a month.
Absolutely.
And I have no, and I have no
responsibility because the house is theirs.
When you own a finance, you're actually selling in the house as if you were buying it.
They were buying it from a bank.
So I am now the bank.
So if a toilet breaks, they're responsible for fixing it.
If a window breaks, they're responsible for fixing it.
So I have no responsibility in the house at all.
Yeah, that sounds way better than absolutely.
There's nothing worse than those texts.
So you got to come over and fix it
at two or three in the morning, right?
So, yeah, bro.
So I'm moving my business model to the build-to-owner finance.
It's a much better model.
No more customer service.
Absolutely, bro.
That was always my least favorite part of any business I've been part of.
Yeah, customer service.
Yeah.
Yeah.
Because I'm more focused on just the marketing and getting more people.
Yeah.
You know, I mean, unless you got customer service like Chick-fil-A, bro.
Or In-N-Out.
Yeah, In-N-Out, out man i think you know what man i think uh people are understanding that customer service plays a big part in how your business succeeds it's huge and um they're everybody's adopting that chick-fil-a business model oh yeah see people walking out those drive-through lines absolutely with the with the uh the ipad thing bro that's the chick-fil-a thing bro they changed yeah they changed the game man yeah they changed man chick-fil-a is fire i just stopped eating it though oh yeah why i'm just super healthy now man oh man i wish they got seed oils in there see this
you looking good though you 43.
Oh, man, 43, man, and trying to keep it all together, bro.
Yeah.
You used to hoop, man.
Yeah, I used to.
I get bucking still a little bit.
Still, yeah, I do.
Next time you're out here, we'll go to lifetime.
All right, bro.
Wait, are you here tomorrow?
Yeah, we're here tomorrow.
Oh, bring up tomorrow.
You got your ball shoes?
Man, I go pick up some.
Yeah, yeah, tomorrow morning.
I'll text you, man.
I'll pick something up, man.
We go make it happen.
Bring both you guys out there.
There's some good runs.
We're going to make it happen, man.
Oh, yeah.
What else you do in the spare time?
Man, just really just trying to grow this company, man.
So
we have an educational platform where we teach people how to build houses, go from dirt to dun, from the ground up.
So that's really where my focus is now, growing a company being that I've scaled the home building company, right?
So now it's time for me to pivot and change directions.
And this educational platform is where it's at and where my focus is right now.
I think that's a good move, man.
So, man, business is my spare time.
Focusing on business growth, man,
creating generational wealth, like I mentioned before, and leaving a legacy for my kids, bro.
That's where my focus is right now.
I love that because you did the hard part of actually growing the business.
Some people try to teach first,
which is like, dude, I could see through that at this point.
You've done it.
You built an eight-figure business.
So that's awesome.
And I think the learning side, you could scale that to nine figures.
Absolutely.
That's what Dave Ramsey did.
Yeah, and that's what we're looking at, man.
It's about really putting all the pieces together, bro.
So I like to equate success to like gumbo, right?
You eat gumbo?
No, I've had it once.
You had it?
Yeah.
Can you cook, man?
Hell no.
Hell no.
I could never make that.
So I like to equate like success to like gumbo, bro.
Like if you really take a look at how gumbo is made, gumbo is created with the base first, right?
That's the foundation of your success.
What is it that you're going to do to create this entire meal or this entire dish, right?
But the base alone is not going to get you there, right?
You need extra ingredients, right?
You need to throw some sausage in there.
You need to throw some shrimp in there, some crab legs, right?
Some seasoning.
That's what gets that full package together of making that meal what it is.
Same thing with success, right?
I have a base for where I want to go, but if I don't have the people in place or I don't have the systems in place, then my base is just.
the foundation, right?
I can't really go anywhere.
So it's a matter of being able to put together all the pieces that you need to succeed.
And once you do that, bro, the sky's the limit for where you can go as long as you understand that some ingredients take longer to put together than others.
Right.
And so,
man, that's my focus, bro.
And that's where, you know, that's how I look at it.
I love it.
Did you always have this mindset for success and money?
Man, I've been hustling since I was like 16.
And when I say hustle, man, I don't want to, I don't want to give you the wrong impression, like not hustling like street hustling, bro, but I was selling
Snickers and Skittles at school at 15.
I did that, bro.
You know what I'm saying?
From Costco?
Yeah, bro.
I'm selling chips and all of that stuff.
So I've always had the mentality of an entrepreneur, knowing that I would own my own business, knowing that I would be a millionaire.
My mindset has always been that since I was young.
It's just a matter of you don't know what you don't know until you realize you know it.
Right.
And so
it's just
learning, learning, learning, you're right.
Creating that mindset of I need to get better in whatever situation I'm in, or I need to get better in in this particular area to grow the business, man.
Like, I have to commend my team that has helped me get to this point, bro.
Like without those pieces, that extra ingredient to the gumbo, I wouldn't be sitting here with you, bro.
I agree, man.
It's easy to do six figures on your own, but to get to seven and eight, you need a team.
You need a team.
You need a team.
You need different ideas, right?
You can come up with your own ideas, but at the end of the day, if you don't have
that group of people that you can bounce those ideas off of, and they can be your devil's advocate at times and say, nah, bro, I think we need to kind of look at it this way, look at it that way, then you're stuck in a place where you think your ideas are the best ideas.
And that will hinder you 100%, bro.
That will keep you from making it 100%.
Absolutely.
Yeah, you can't have yes man around you.
Oh, absolutely not, man.
I, I, I, man, give a shout out to my guy, um, Anthony, man.
He's not, he, he's not a yes man, right?
But I know for sure he's the who to what we need to excel in this company, right?
And so, man, we bounce ideas off each other a lot and we don't always agree, but what we do agree on is the vision of where this company can go.
And that's what keeps us, you know, motivated to get up at four in the morning to get us to Las Vegas to be able to make sure that our brand, we're standing, people talk about standing on business, we stand on our brand.
I love that.
And that's where we about, man.
Yeah.
I think that's why Gilbert Arenas' podcast is doing so well, dude, because they don't all agree.
Absolutely.
Like they fight all the time, but it's like, all right, they're voicing their opinions.
Absolutely.
You don't see that often on podcasts.
You know, because I think people, when they get in the mind state of wanting to be popular, they think that,
like you said, you know, some things about controversy and being controversial.
People are afraid to be controversial.
They're scared because the truth hurts people.
right like when you tell the truth about certain situations or you bring certain things to light people can't really handle what they think they entertain, man.
Right.
You get what I'm saying?
And so, like you said, with Gilbert and them, man, their podcast is so real and so authentic because they don't agree and they're speaking their truth based on how they feel.
And, man, you really have to, you really have to go into business like that too, right?
His idea might not be the best idea and I can't be afraid to tell him that.
My idea might not be the best idea and he can't be afraid to tell me that.
But if we come to some type of common ground, we get to where we are now.
Yeah.
And that's what it's about.
It's big.
How do you find good partners?
Because that took me years to find.
Man, you ever heard of this book called, I think it's called The Who, Not How, or How, Not Who, man.
Somebody told me this book, man, gave me this book as a recommendation.
And it was really just a matter of understanding what I needed to look for.
Right.
And that was the who, not the how.
A lot of times in business, we look for the how am I going to get to the next level?
How am I going to make 5 million?
How am I going to make 10 million?
Instead, we need to be looking for the who is going to help me make 5 million.
Wow.
Who's going to help me make 10 million?
Right.
Because at the end of the day, I can't be everything at all times.
But if I have people in place who are
extensions of myself, then now we create more.
So to answer your question in short,
I knew I needed a who, but I didn't know how I would get the who, Right.
So a mutual friend introduced me to
who I mentioned earlier, Anthony, who is the president of my company.
I knew what I needed, but I didn't know how to go about doing it.
And if, and it turns out that I didn't really need a how, I needed the who.
And that's who that was.
And that's how that came about.
Nice.
And since then, man, we've been able to grow and scale our mentorship program.
Like currently, right now, collectively out of our first two mentorship programs, we have a little less than $20 million
of projects that are being built by our students.
Holy crap.
Yeah.
And that's in a year?
In a year.
Yeah.
In a year.
So imagine a few years from now.
Yeah.
And man, the next 12 to 18 months, man, we're trying to do 50 to 100 million in projects.
And we have, like I said, man, we have a collective of students right now that are building a little less than 20 million.
That is crazy.
One year, man.
Yeah.
And these are, and we're talking about, these aren't individuals who
have been in real estate before these are individuals some of them have never experienced real estate before wow never been in construction before and they're already building duplexes they're building six homes they're building you know uh multi you know multi-unit um projects right now and it's just a matter of they needed the who not trying to figure out the how am i going to do it they just needed who and the who was me and my partner i love that i love the business model because even if you can't find a buyer you still have an asset absolutely it's not like you have nothing absolutely and that's one of the most important things people don't understand once i own it i own it and as long as i take care of it and continue to own it nobody can take it from me so we have different parcels of land man around our area that we own where at any given time we can choose to establish that as a project.
That's income.
That's money.
So no matter what the market does, no matter how much interest rates go up, if we own it, we own it.
And nobody can take it from us as long as we're maintaining it absolutely and that's what gets us to the next level that's what keeps us relevant that's what keeps our business growing i love that where can people find your program and learn more about you man oh man well listen um we are on social media real heavy uh our ig is the thentlemanbuilder with an a uh our instagram that's our instagram our facebook is the gentleman builder uh my my page on facebook is also r dice and collie we have a youtube channel The Gentleman Builder, man.
Everything is The Gentleman Builder, man.
Everything is The Gentleman Builder.
You got to trademark that.
Yeah, man.
We already in the works, man.
We already in the works.
And then to find out more about our programs, they can go to thegentlemanbuilder.com, man.
We have a 16-week mentorship program.
We also have an online course that goes through A to Z on how to build a house from the ground up, anywhere in the U.S.
What we're doing is we're teaching people how to build a house from a cell phone.
Boom.
We'll link it below.
Thanks for coming on, man.
Hey, man, I appreciate it.
Can't wait to ball with you tomorrow.
Let's go, man.
Let's do it.
Let's get it.
I'll see you guys next time.
Peace.