He Owns The Most Expensive House in Las Vegas! Mark Lindsey | Digital Social Hour #95
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Transcript
He has the most expensive home in Henderson.
How much is it?
We had it listed for $32.5 million.
$32.5.
That's not the house on the hillhill, right?
It's on a hill.
It's on a hill.
Under my agents that I work with nationwide, we had 115 agents last year that made a million dollars.
Whoa, 115 out of 230?
250.
250.
I'm me up.
I'm in.
And did that great life come mainly from just getting rich?
No,
because
I've always said money makes a good person better and a bad person worse.
You know,
money makes your life better, doesn't make you better.
Welcome to the digital social hour.
I'm your host, Sean Kelly.
I'm here with my co-host, Wayne Lewis.
What up, what up?
And our guest today, Mark Lindsay.
Hey, everybody.
Lindsay in the building.
How's it going, man?
Fantastic.
How are you guys?
Can't complain.
Glad to be here.
Yeah, I'm excited to dive into your story.
Right.
Yeah, it should be fun.
We'll have a little fun with it.
Where should we start?
Wherever you want.
I mean, you know?
Let's start from when you were our age, 20s and 30s.
Yeah, when I was a failure.
Is that how it went?
Yeah, that's how it went, man.
I always had a lot of drive and determination, but man, I failed over and over and over.
Didn't really become successful until I hit about 40.
And then
it kind of took off.
And then
about 15 years ago, it really took off.
Wow.
So it's been an interesting journey, you know.
My dad was a bus driver.
My mother worked in a photo lab.
So we didn't, you know, we were just a regular middle class or lower middle class family.
And I just had a lot of determination and drive, believed in the American dream my whole life, and
tried a lot of different businesses and failed.
So I would tell people that are young, don't worry about failing.
You know, try.
If you fail, it's okay.
The problem is a lot of people fail and they don't try again.
And I think that's where you mess up.
So I never quit, never stopped.
Burning desire in my gut was just there.
And what was the first big breakthrough where you made that first million?
That would be, I started in the financial business.
I was not really excited about it, but I started doing seminars and speaking publicly.
That is
that's a that's a tough one because not any I don't know anybody that loves to get up in front of people.
And I learned how to do it and I started in that business and I dealt with the financial products.
We deal in what's called a fixed indexed annuity,
which is a product that we help people between the ages of 45 and 80.
They're looking for safer places to put their money.
You know, they might not want to be in the stock market, so they look for a safer place.
And the reason why I like the product is because they're insured, protected, safe.
You can't lose any money.
And when the market goes up, like the stock market goes up, you go up with it.
When the stock market goes down, you just get a zero and you stay where you are.
So, you know, that's got a nice average return, maybe four to six percent, but it's really good for people 45 to 80 because they're looking for safer places to put their money.
And that was, I became one of the best in America at that.
Really, really good.
And I came up with a system and a process, and then I created my company, The Revolution, in 2008.
And now we have about 250 agents all over the United States, and we'll do about $3 billion of fixed-index annuities this year.
We'll be one of the biggest in the United States.
So you guys only focus on fixed-index annuities?
Primarily, some fixed, you know, some fixed annuities as well, but primarily about 99% of our business would be the fixed-index annuity.
Why is that?
Because it's a safer product?
Safe.
Yeah, you're not.
What I love is I don't ever want to see somebody in their 50s, 60s, and even 70s to ever lose money.
Like, you know, last year, the stock market went down 19.5%.
Let's say 20%.
It's a lot.
I mean, if you were, let's say, 70 years old and you're ready to retire and you lose 20% of your money, that can make a really big impact on your retirement.
So I try to get with people before, and our agents all across the country, we try to get with people before that and help them get their money into a safe place.
And that way, when they are 68 or 69 or 70, they're going to retire and the stock market goes down.
We don't care.
We don't want them to lose.
You know what I mean?
I have all of my retirement money there, my families, my clients.
I mean, I've been doing this now for a very, very long time.
But it wasn't.
you know, it wasn't always champagne and roses.
You know, it's always you're learning and you're building a business.
You're learning how to manage and build a business and do all those things.
So it's been a great experience.
And now life is about as good as it can get.
He's chilling now.
He has the most expensive home in Henderson.
Are you new?
Yeah, yeah.
$30 million.
How much is it?
We had it listed for $32.5 million.
$32.50.
That's not the house on the Hill Hill, right?
It's on a hill.
It's on a hill.
There's a couple of houses.
There's one that sold for $25 million up in McDonald Highlands, a Blue Heron home.
And mine is in Seven Hills.
Okay.
Oh, yours in Seven Hills.
Yeah.
Great view.
Love the view.
You know, I mean.
And then you said 40 million?
32.5.
You still live in it?
I still live in it.
Wow.
By yourself?
Yep.
Yep.
It's just me.
You live in it by yourself?
Yeah, I had to put my dog to sleep, which was a real bummer about four weeks ago, which really sucks.
So no girlfriends?
You know, I have a life.
Okay.
He's in Vegas.
That's crazy.
32 million.
Yeah.
Got a car elevator that goes up.
You know, fun stuff.
I mean,
it's one of the, and I have, and my kids and grandkids, I mean, I just, I have such a great life.
It's just, I'm a very fortunate guy.
That's dope.
And did that great life come mainly from just getting rich?
No,
because
I've always said money makes a good person better and a bad person worse.
So, you know,
I think, I like to think I was a good person before I made money.
I think what money did for me was allowed me to do more with charities and donate more.
And I do a lot with kids' charities,
veterans.
I do a lot with battered women stuff and even animals.
I do a lot.
I mean, charities to me
have opened up a whole new area for me to help people in a different way.
Nice.
But
what I love to do is I love to help people succeed.
On my agents that I work with nationwide, we had 115 agents last year that made a million dollars.
Whoa.
115 out of 230?
250.
250.
I'm me up.
I'm in.
You need a license, though.
You need to see it.
Yeah, yeah.
No, just an insurance license for your states.
And, you know, if you want to get into that side of the business, then you would get your
63, 65, whatever it is that you're going to do.
66.
But that, to me, is the real driving force is I love to help people.
I love to help the agents.
I love to get out there.
And I love to have fun.
And I dabble.
I buy
percentages of other companies.
And
one of my best friends is with the Dollar Loan Center and I've invested heavily with Dollar Loan Center here in Vegas great phenomenal company love them and Chuck is a great guy Eagle Century is a local electronics company that they did my home they did such an amazing job smart home yep smart home they did such an amazing job that I decided and the owner wanted out and and so I bought that company.
And so we do all the high-end homes in Vegas, all the electronics and alarm systems and theaters and televisions and all that stuff.
Wow, that's cool.
So,
that's kind of the hobby side.
And you're also in the yacht industry, it's a hobby.
Yeah, it's a hobby.
That's hobby.
Yeah, you know, I've been
had boats my whole life, and I love them mainly on lakes.
You have any here?
I have, yeah, Lake Mead.
I got boats all over down at Colville Bay.
Lots of great friends down there.
Shout out to the Lake Mead Yacht Club.
They're great buddies of ours.
No, Yak Mead.
Yeah, Lake Mead has a yacht club.
Which part of the lake?
It's at Colville Bay.
Colville Bay is the other side.
That's not the main lake.
Yeah, that's that's the lake so you got uh you know you you've got the boulder area and then you've got colville which is uh you go in off lake mead boulevard and go around yeah uh and uh so i got boats there but i decided that i wanted to get uh an ocean boat and i did a bunch of research and i found a company called silent yachts if you look them up you guys will flip out um they make full electric yachts I'm talking like 60 foot, 80 foot, 100 foot, well, full electric yachts.
Full electric, like a Tesla.
They call it the Tesla of the Oceans.
And so I decided to buy one of those.
And then I fell in love with the idea.
I mean, you know, I'm not an environmentalist, crazy guy like that.
But I do think that we can do our part.
And
I love the concept of what they were doing.
So I wound up buying a percentage of silent yachts out of Austria.
And
we're going to be delivering maybe six to ten boats this year.
Next year, another 10, 15 boats.
But these are full, I mean electric, full electric.
What are the prices?
They range from about 3 million to probably, well, our most expensive.
From about 3 million.
3 million on the small side to probably about, well, I think our biggest one's 120, and that's going to be about 20 million.
120.
120 feet.
So like the one I bought is 80 feet long, 36 feet wide.
They're power cats.
So we have electric motors in them with full solar panels.
And you can literally set that thing at about eight knots and just drive around the world.
I mean, you never have to stop.
That's insane.
If you go to a cove, you just pull into a cove, turn it off, and the boat is quiet.
They call it silent yachts because they don't make any noise.
The sun charges it.
Yeah, the sun charges it.
You bet.
Now, if you.
Where's yours at?
My boat is going to be delivered
later this year.
That's an 80-footer.
And it's going to be delivered this year, and it'll be in the Bahamas.
Oh, it'll be in the Bahamas.
Why can't you just do some bad stuff?
Because it's where it's making counting.
I wish.
No,
it's because it's close.
I can get there fast.
From Miami.
Why not Miami?
Miami's full of faults.
Yeah, but
when you register your boats in the United States, they kind of screw you over.
Oh, they tax you.
So it's a different thing.
So
I don't even know.
I think mine's Marshall Islands.
But it's going to be in the Bahamas because we're opening up a thing called Silent Resorts in the Bahamas, a full solar-powered resort.
There'll be generators in case,
and we'll have our electric yachts there.
So a person could buy in, get a membership and they can stay there They can use the yachts and do all that kind of stuff and go all over the Bahamas
Incredible and the Bahamas has so many great coves and it's beautiful and it's easy It's a very sought-after charter place.
So we'll be doing some charters too.
Oh, nice.
Wow.
So
it's fun.
You know, it's just another, that's more another kind of hobby.
It's just fun.
So how often are you working out?
Because you seem like you're chilling.
Everything's a hobby.
Everything's a hobby.
Revolution is not a hobby.
Don't mention work.
It's a hobby.
Revolution is work.
The other stuff's hobby and fun stuff, but the revolution's work.
And
I work typically Monday through half day Thursday, and then I try to take Fridays off.
That's why I'm here Friday.
Perfect.
And I try to spend more time with family and grandkids and kids and all those kinds of things.
Try to do that.
Trying to enjoy life a little bit more.
How important is health to you?
Because you look pretty healthy.
Oh, dude, I'm crazy about health.
I got some fun stuff.
We got a couple minutes, right?
I I got some fun stuff.
So,
you know, as you start to make money and you get a little bit older, you want to live.
I mean, you don't want to die.
Yeah, yeah, right.
So you don't want to die.
I don't want to die.
Oh, hell no.
I'm going to live to be 200, damn it.
But it's,
so you know that it's inevitable because, you know, nobody gets out alive.
But the idea is, can you live a long-term longevity with health and be able to move and walk and fun and travel and do all the fun stuff you want to do?
At 90 can you can you get out and do that I want to do that so
I I do a blood work every 90 days and now I work out six days a week worked out before I came here and I do it's nothing I don't work out heavy weights or anything like that it's it's I moderate I like light moderate weights
because longevity when you read about it moderation
is way better than going you know this heavy bodybuilder stuff yeah it's less stress on the joints and then and I do hit training which is a high intensity where I do get my heart rate to 80, 90% of my maximum.
And I'll do that for about 15, 20 minutes, four times a week.
And then recently, this is really cool.
I just bought this thing called
a HOCAT, H-O-C-A-T-T.
It's a HOCAT pod that you sit in, and it's got steam, and it's got ozone, and it's got electromagnetic pulse, and far infrared, and lights, and pure oxygen.
All at the same time?
You just sit in this thing with your head sticking out of it.
It's the craziest thing.
If you look at it, it's it's craziest thing on earth you sit in this thing your head sticks out and you sit in it for about 30 minutes and then um and and it is amazing health benefits for you wow and then um i looked into and i got told about the this thing called the hyperbaric chamber i don't know if you ever heard of it yeah i think we already we mentioned that yeah it's hyperbaric chamber is a it's a it's a tube um mine is a is a tube made by a company back east and they just delivered it two weeks ago and you get in it and it pressurizes so you breathe pretty much pure oxygen but it pressurizes and it shrinks the oxygen molecule so that it goes into the blood vessels and into
the blood and into your muscles and heals you.
So, like when you work out, you can actually get about a 30% better workout just from doing this pure oxygen and doing it.
So now I do my
HOCAT about three to four days a week and a hyperbear chamber three to four days a week.
Wow.
Just get in, lay there, and lay there for an hour and a half.
I was Tom Ron.
Yeah, how much was the Ho-Chat?
Yeah.
Both of those those things.
Both of those things are about 50 a piece.
But now you can get, by the way, you guys could get a hyperbaric chamber, put it right in this little, you know, your studios you got here.
You can put it right over there, and you can do it for about 10, 12 grand.
It just isn't going to be able to go to two atmospheres.
It'll be a little bit less.
Two atmospheres.
Okay.
Yeah.
So you'd be able to go to weight.
Yeah.
We're staying in this house.
How much was it?
Yeah.
You know,
not like a car or something, but
cars are 50, but cars are about 50%.
Yeah, not mine.
Yeah, yeah.
What are you driving now it depends on the day uh so i i have depends on the day
i changed i changed so what what does monday look like monday monday will typically be um either the bentley or the tesla uh plaid okay tuesday x uh so the so the bentley's flying spur okay and then and then i'll now i got the hat the the the tesla uh plaid on tuesday that's tuesday that's tuesday and then i i drove over here i drove my lucid the lucid air dream that's another level i like those very cool car so that's so that's Wednesday.
Yeah, and then on Thursday, I'll drive.
Yesterday, I actually drove my, I have the Ford Lightning electric truck.
Okay.
And then I also have the
Lamborghini Hurricane and the Corvette.
And that's Friday.
Yeah.
That's the weekend car.
I just mix those in.
Yeah.
They just make sure that.
I drove my weekend car today, too.
Yeah, did you?
Yeah, the little coupe outside the gray and lime green one.
Yeah.
Yeah, yeah, that's my one.
Yeah, that's great.
Perfect.
Is there a limit of money for you?
Like, do you think you're content right now or do you think
there's more?
No,
I do it for fun now.
Make money for fun?
Yeah, because
there's get to a point, and I think I'm super conservative about saving money.
So I think that
too many people just spend, spend, spend, and they get in debt, and they kill them.
That is the number one biggest problem.
That's what I would tell your young viewers.
Get out of debt.
Get out of debt.
Stay out of debt.
That's bullshit.
That will wipe you out.
That's the number one worst thing you can do.
So get out of debt.
That is good debt, though.
I don't know.
What's good debt?
Well, I mean, considering if you want to leverage the bank's money, then a lot of people say that.
Considering the cash flow business.
Yeah, you can do that.
But here's what happened.
So like, let's say in 2008, remember here in Vegas, we had a crash and properties crashed.
And there were a lot of people that were leveraged.
What they had done is use the bank's money to buy more property, and they were making money.
And then
when the
hit happened and everything went down, so many of them went bankrupt.
There was no pivot.
Yeah.
And see, me, I own everything Franklin.
They didn't mean that.
If I have an office building, I pay cash.
If I have a car, I pay cash.
I don't leverage or borrow money because,
and a lot of people are going to disagree with me, and that's okay.
But for me, I don't want anybody to ever be able to take it away because something bad happens.
So everything's owned free and clear.
If I want to sell it, I can sell it.
If I want to hold it, if the market tanks,
great.
I'll just sit there and hold on to it because I own it.
I mean, I'm fine with it.
As long as you own it, it can never be taken away from you.
So a lot of people use that to build their future.
And by the way, I borrowed money to buy homes, and I borrowed money to buy buildings, but then I focus and pay them off like fast.
Quick.
So I think that if you look at the stress in families and the way things are going, debt is the number one.
Divorce, stress, you name it, debt's going to cause that.
So credit cards, get rid of them, get out of them, pay them off.
There's all kinds of ways to do it.
You know, you just, you have a go, and don't do this thing where you have five debts and you pay a little bit more to each one.
You'll never get out of debt.
Pick one, pay it off, take all that money, go to the next one, pay it off, all that money.
And that's, I help people do that.
And you just get out of debt.
And what happens when you get out of debt, you get all this money.
Now you have the ability to do some really, really cool things because you got money.
You know, you can,
if it's time to replace your car, you have the money to replace your car because you're not in debt to somebody else.
You got to realize what debt is.
Most people don't know this.
You're giving away your future income you haven't even earned yet.
So you're giving away money you've never even earned to a company.
They're not stupid.
There's a reason why they have credit cards and things because they want your future money.
They want all your money if they can get it.
So last question is, how important is money?
You know, money.
Money makes your life better, doesn't make you better.
What I mean by that is it gives you the ability to do some things in life life that you wouldn't be able to do.
I mean, I can do some things now and have in life that I would never have been able to do if I didn't have it.
So I'm very cautious about telling somebody to be just focused on money,
though I think that it does open up the world to you.
It opens up the ability to do some really cool stuff, drive some cool cars, have some fun times, and do some fun things.
But it doesn't define you as a person, and it should never be the root of your happiness.
I have a lot of young people that ask me all the time.
They say,
Mark,
I want to do what I love.
I want to do what I really love to do.
And here's what I say.
That's stupid.
Don't do what you love if it doesn't make any money.
Find something that makes money.
And then do what you love as a hobby.
Because you've got to make money.
I mean, it's no fun to be in debt.
It's no fun to live paycheck to paycheck.
It's no fun to go to the grocery store and go, God, everything's so expensive.
It's way more fun to go in and say, okay, I'll do this, this.
And then you do it, like I do.
I'm doing these fun things on the side that I really love.
But I really love my business, the revolution.
I really love what I do.
I love that business.
So you can find what you love that makes money.
But I think that people have to be a little bit cautious.
Get out there and make some money.
You have to survive.
You have to make a living.
And find something that you like to do.
And then do your hobbies,
have your hobbies be fun a little bit later in life.
life absolutely that's just my take nice mark it's been a blast that went by quick yeah that was fast wasn't it yeah yeah that was that was intense any closing comments for the viewers that was the closing comment that's it i think that's it i'm good i'm happy just happy to be here glad we got a chance to i got a chance to meet you guys and uh you know if you ever want me to come back i live 10 minutes oh we'll do a part two for sure
wayne at the crib yeah oh let's do it there let's do it let's bring over the cameras we'll build ready we're gonna do a part two at creator.
Wayne,
thank you guys for watching the digital social hour.
Make sure you follow me on Instagram at the Creator.
See you guys next time.
Peace.