Jason Jenson has been a long time member and a huge supporter of Rock Star Real Estate. We consider him more than a friend, he’s part of the family. And on this episode of The Your Life! Your Terms! Show, we share how got started, why he invests in real estate, how he’s building his legacy all while enjoying a drink or two! Jason explains why he can buy properties without seeing them, why he property manages himself and what he likes about real estate as an investment. We get into a few conversations about Disney cruises, horses and kids too. We’re forever grateful to have crossed paths. Jason calls it like he sees it, pulls no punches and will have your back forever. Enjoy this episode of the show!
00:00:00 Hey everyone, it’s Tom Karadza and listen, this is going to be the last podcast of our first year of podcasting and it’s episode I believe, Fifty Four. I cannot believe we’ve been through 54 episodes. So thank you for listening to this podcast. And listen on this episode. We have one of the investors that, let me put it this way, like some people you know, that saying that some people make your day better, some people make your life better. He’s one of those guys that we had no idea at the time, but he was going to be become such a huge, huge supporter of Rockstar over the years that we are now today for forever grateful for crossing paths. He calls it like it is. Jason is going to tell you what he thinks directly. So I think a lot of you’re gonna appreciate this podcast because he just calls it like he sees it and we loved that about him.
00:00:44 So we sat down. This is Jason. it’s also Nick, Mike Desormeaux and myself all sitting down. Um, because it was the end of the year. We’re kind of in the holiday spirit, we had some drinks flowing, there was a little bit of Tequila happening and some beers and some ciders happening. So we were having a, having a few, uh, a few beverages during this podcast. And listen, if you want to hear someone’s story, he, he, he brings a lot of different perspectives on why he started investing, how he thought about it. And some, sometimes things are more simple than maybe they even even seem so, um, this is a good opportunity, I think, to hear someone else’s perspective on why they got started with real estate and what it means to them and their family and how they’re looking at it for a, looking at real estate for themselves.
00:01:32 So we were forever grateful for crossing paths with Jason. Um, you’re going to hear a few nicknames that he’s called during this podcast. I’ll let those just happen as they do. Um, but yeah, just forever grateful, um, that we’ve crossed paths. We think the world of him and would do anything for the guy. So I’m listen, if you’re listening to this and you want a blueprint of somebody like Jason, we put one of these together where we got one of the investors that we work with and we mapped out all the different properties they purchase, purchase prices, they’re carrying costs and cash flow numbers, and we put it into a blueprint. You can download a copy of that rockstarinnercircle.com/blueprint. So that’s rockstarinnercircle.com/blueprint. So if you want to see how some Canadians right here in the Greater Toronto and Golden Horseshoe area are buying properties, you can download a copy of that at rockstarinnercircle.com/blueprint.
00:02:24 And I think that’s everything. Listen, if you’ve been enjoying this podcast, thank you so much. If you’ve had a chance to give us feedback on Itunes, we appreciate it. If we think we deserve a rating on Itunes, thank you for also doing that. If you haven’t had a chance yet and think we’ve earned it and deserve it, if you could, please do so. It’s kind of like the fuel that kind of drives this podcast, so, um, we really appreciate that as well. And I think that’s everything for now. With that, let’s get on with the show.
00:02:47 Are you ready to live life on your terms? Is it time to take charge business? Building the economy, health and nutrition. And it’s your life, your term show with Tom and Nick. Are you ready? Let’s go. Okay,
00:03:14 we’re good. So yeah. Mike, go ahead with the voice testing. One, two, three. Yeah, we’re all here. Nick doesn’t want us to do the testing, so we’re live for Toyota. Set to say, Nick, can you hear me? Mike? Can you hear me? Let’s see. See, I told you. Do it. I know it’s, it’s the thing. That’s how our podcast works. See Jason’s radio Voice. Yeah. Hold. We’re going to sound like pubic pubescent children. Hell, are you saying computer man? Where did you really come down to? Mike Drunk, right? So, um, yeah, I know. The only thing I wanted to start, because we’re going to pour some Tequila. A, you guys all have to have a little bit of Tequila is I still liked the story and I want everyone to hear the time that Nick used those printed out powerpoint and powerpoints. You can.
00:03:59 Can you please share that to everyone? It’s a moment of shame. No, no. Brilliant. Can you tell the story you were talking about this last night? Actually when I saw you. Do you remember that? Barely. Yeah. So, so. Okay. So if you can tell, I’m curious what your version of the story is because I know how it plays out in my head. Oh, it was with Christina and I, which is even funnier. And so to give background is one the first time we met Jay. Jason, you’re going to do an intro sentence. Goodnight. All right. Yeah, the first time. First Time we have, first time I met Jay came into our office looking like, thinking about investing, right? Yep. And uh, and then I met with you and Christine is your wife and uh, the presentation that I went through because we needed a crutch.
00:04:37 So the crunch with these like black, it was like a black and white page of powerpoint slides printed out in like a folder that I did like a little presentation with flip these pages over in front of you. It must have. Looking back, man, it must’ve been so bad because I mean you’re a good sales guy. You saw that process must have been terrible. You know what? It’s funny, I’m just the whole process in itself, if you look at, you know, looking at a little ad in the newspaper, you know, to give some background to that and how we got tour that was was my wife and I did some investing before us and like we all have dabbled around various things and what we saw this Tequila is going to present when we saw that. It looks so funny. We had to go check it out literally.
00:05:17 So then when he basically came to make fun of us. Yeah. So then when you get this invite and Nicholas through all the process. So you guys had to do and I said, Christine, we had to go to this thing and she’s like, I don’t want to just come with me. And then when I walked into sod I’m thinking, are you kidding me? Okay, well now I don’t want to be rude, so let’s let them go through the whole finish what he’s doing and let’s get to the pitch. At some point in time we knew we were going to do regardless. Good, bad or ugly. Of course we all know where we’re at today, so I guess it’s good. But it was funny and it just shows what you guys. It was, it was honest. So what. Okay. So then what was your first comment to Christine when you left?
00:05:52 That’s what, that’s what I want to not get crushed and she, she’d be better answer that than I because she knows I’m full of shit all the time. So it was probably something along the lines of, you know, bullshit sales guys. Here we go see you guys all like each other. The outfit in at. I forget she’d be the person to ask. It would be funny to see what her response was. It was, it was. I mean, look, I know it was working with Jay or did she work with Mike right away? I know we started with Nick for the first few until you guys really got off the ground and going and then shortly after I had this memory. I don’t know if it’s wrong that you did. You bought a single family home and I want to see Hamilton and you did it as a rent to own and you had a bunch of people show up.
00:06:29 I mean you did that. What did did, did jay do a rent to own with you? The first ones were in Berlin or in Burlington? Burlington. We bought the first two in the same. That’s how long ago you? Same Day. Were still on those two today, by the way. It’s kind of scary. Okay. You were laughing yesterday. The first one that he bought was two six. I thought it was two 63. Five. What were they telling them? All, including the closing costs five. Somehow remember that price, including the closing cost. So it’s basically to 60, I think 35 now he is of course knowing you guys, knowing me and my issues. Do you remember where we signed that deal with now? I do. Because you reminded me yesterday, but I didn’t. I didn’t because I thought it was. I thought it was in the house for some reason.
00:07:09 Was on the bus after? Yeah. He signed at Boston Pizza to buy the house of worship for me because I’m like, good, I’ll have a beer too. So this is great. And those. What were they townhomes? Did you say that one with first one was a ton on the second one is a detached. Detached for how much that was to 80 for a detached in Burlington link. It was, it wasn’t. That was the link wasn’t detached for tiny home. Further underground and hidden forest. Yeah, that’s the one I’m thinking of. I can’t remember that one. Yeah. And then what was going through what. Why were you buying property? I mean you were like what got in your mind to buy property? I don’t think I ever know. I haven’t asked you that. Like why didn’t you guys, we had looked into different things. Do you guys remember the Marcus’ group?
00:07:58 Yeah. Okay. Well I wouldn’t know. Paid the five grand for that bullshit. Went through that stuff and just kinda stole information. Good, bad or otherwise. And then didn’t, didn’t, didn’t do it for a while. Now my wife and I bought a home, flipped. It meant a couple of bucks and it really wasn’t the right thing. But like we’ve all done. You learn. So this kind of let’s do it. And I’m a concrete head as you guys know. And it was my wife checked her credit charging me saying stop your bullshit. Either do it or not. I’m tired of hearing it. So that’s why we said, okay, well buy $200, Bang Bang. Just to prove her wrong, just to prove her wrong. And back then it was, you know, you’re scared shitless so you have no choice. You have to fill them. And that’s what it was. It was, well now we’re going to film, so let’s do it.
00:08:40 You know what’s weird about Jay’s, what? You already had a pretty high level job at that time and most people who I worked with with your type of job would never consider buying a home and then running ads and filling it with tenants and stuff. They would think they’re totally above that and they’re not going to do that well, as you guys know, that’s not me. So yeah. Yeah. To your credit it’s. It has nothing to do with job. I hate working on that. It’s about the process and the people. And you guys were part of. We bought into you guys or Mike shortly after. Naturally the rest is history, but that’s what it came down to and we’re here. So Nick was working with the knee. Just kicked you over to Mike. Remember when that happened? I think we bought. We did Brampton. No, no, I think we bought three.
00:09:21 We bought a house in Grimsby that you and I purchased that one and I think there is. No, I think there were two or three in Burlington and then one in Hamilton. I think we had been through a number of them. That was the one. Was the one in Grimsby a rent to own a home hunter one? No, we did one in Stoney Creek. There’s a home hunter that was, I don’t know if you guys recall. It was a tow truck driver. That was some interesting scenarios there. That’s that. That one. The first one that looked at. I don’t know this, I got to tell you the other side of the story story every year, the end of the year on the other side of the story was Mike started working with us and at that time we were. We were working with investors like you who are buying properties and then find a tenant and then we also did this thing called home hunter deals where it was like we will look for the tenant first and then get them to select the property they want to buy.
00:10:14 Then present it to an investor like yourself. Second one those because they bought them off. Yeah, because he had the autoresponder setup. We didn’t understand that you had an autoresponder setup. We started changing the subject line purposely because we couldn’t understand how this guy responding and like point eight milliseconds to every email, but uh, on that deal for that homeowner that you bought with those tenants, we were running the ads and Mike was just starting to work with us and I’m like, Mike, let me show you how you do this. So the ads came in, deletes came in, the very first one I called Mike’s listening on the other line, right? And I’m like, Hey, it’s Tom, I noticed you’re interested in a property, what are you looking for and what are your income level standard kind of qualification stuff. And they’re like a. They said, you know, everything sounds good.
00:10:55 And I said, well, you know, are you able to meet? And they’re like, yeah, I’m like, how about tonight? And they’re like, yeah, we’ll meet tonight. And I’m like, well, it’s a snowstorm outside. Are you willing to meet like right now? And like, yeah, we’ll come tonight. I’m like, perfect. Come tonight, we’ll meet you here. And then Mike was, did we meet with them together or did you just know? I was up there, I remembered the family coming to the office in the snowstorm. That was with you? Yeah. Okay. So we met with them together. They signed up to do the to do a bunch deal and then when they left, I think I turned to Mike. I’m like, see, that’s how it’s done. Okay. So now all these other leads, you handled that. So at the time Mike thought every single call was basically a deal. What we didn’t tell them is that usually takes about a hundred calls to do one deal, but he was under the impression that every single phone call is going to do a deal. But that was your deal. That was the first one that Mike went through. So anyway, there you go. That’s the annual reminder. And then from there just. I don’t even remember if you’ve, we’ve ever gone out together. Have we. Are you just showing up at the home inspections? I rely on you and our team. Right? Oh look at homes. Last year
00:11:54 we bought. I still haven’t seen them. Right. Awesome. That’s great. But I mean, so why just because like, because you already trusted us or just that you’re just like, whatever, I’ll just worry about an inspection because I can just kind of that that’s number one and the trust factor is a big part of it and quite frankly my times. Yeah. Yeah. So it’s utilized that trust, the team that I trust everyone involved in this room and you know, the people we work as far as the inspectors are concerned and if there’s flags and I trust the flags. So is it also because he just not worried about that because some people freak out over every little thing and you know, you just like whatever you just going to deal with it anyway. So who cares? Basically. Yeah. I don’t think we’ve, I think we’ve walked away from two homes and inspection, I think over all these years.
00:12:36 Yeah. There’s two. One was in Hamilton, I think there’s another one. I can’t. Anyway, I don’t remember. Did you go to the inspector? You went to the inspections though? No, you didn’t go down very rarely. Very rarely. Just called J dot with the results. I’d be at every inspection column with the results we’d go over to his credit goes. When I say you don’t go, I mean I use obviously we use. Oh, back then were using someone different. Now we use. I don’t think it’s the names, not so much. What does it matter? Yeah. But yeah, it’s just a reliance on skillset and trust the skillset. I don’t know if Tom knows this and we know how big of a fan Tom is with the leafs. Does he know who you have in one of your student rentals? He’s looking at me like he doesn’t know.
00:13:12 He doesn’t know his daughters. And what school? London. Western way, which I just still don’t know if we can get a Stanley Cup ticket. You want to hear a funny story? Tom’s biggest, one of the guys I work with who you guys work with, he’s bought a couple houses through Mike. Jamie was that uh, an amx box thing that they did. And Darcy Tucker, 1:00. We’re there. So of course he’s down in Sydney and pictures. It wasn’t until 1:00. As long as you keep giving me 1400 bucks a month, I don’t really care what you do, so he tells them you should have seen the texts. I got back. It was priceless. A lot of cursory. It was actually brilliant. I showed Christina. I’m like, check this out. That’s good. That’s good. So Jay, you’ve been a huge supporter. Like I don’t know if there’s another member that has brought in as many other members as yourself in a lot of these guys are sales guys that Tom alluded to, our deep into six figures, but somehow you’re saying something even though they have these comfortable lives that they’re willing to invest in real estate, like what are you telling them?
00:14:14 Because a lot of these people, let’s face it, they get higher income. They spend more so the lifestyle changes. They don’t want the extra headaches. They’ll put it somewhere safe. That’s not going to really do much for them. Mutual funds, whatever. What are you saying to these friends of yours that that’s getting them to invest in control, that’s controlling naturally. They’ve watched the Va crushable. We’ve done do’s and don’ts, pros and cons naturally, and I’m open with that, but it’s trusting of me because they know I’m a very loyal person across the board. Excuse me. You fuck me. You’re dead. Yeah. And a story. So the people that I work with that we brought to you guys, they know that and that’s, it’s really that simple. Yeah. Well I think it also goes to show a lot to your character because those people have the utmost respect for you.
00:14:59 I’m a lot of the, I don’t know if you know this, but I clearly know this. A lot of those people’s lives has dramatically changed because of investing in real estate. One hundred percent. Yeah. And that’s, you know, that that’s a factor of it. I mean, I use my pull the mic, sorry. I use my own morals and integrity within my current business and with my team as you guys do and the fact that they recognize it’s life-changing for them or could be and like look at our building. I can’t go to names, but as you guys know, there’s, we have 75 employees. I mean, we’re not a big company and the people that I care about that I wish to succeed above and beyond outside of the work lives, most of them have houses. No, the ones who really want to take that, grab it and run with it and big hub controls their own lives and that’s a key factor that I appreciate you guys helping them and obviously the benefit is to them in their families downstream. Excellent. Are we going to drink this Tequila because Jay, I know doesn’t want it, so let’s just have to fry. Just cold. It’s cold to kill. This is great, Don Julio. Good luck. Cheers as I thought it would be. Cheers guys. Thank you. This is Merry Christmas for real estate. What are we doing? So just to be clear, this is not a, an ongoing, reoccurring.
00:16:21 There’s no video here. Yeah. Yeah. So this is not something we do every day in our office. However, there was a time where alcohol was involved and things didn’t get pretty. Do you guys remember that? Oh, Jay wasn’t here. When can we? I guess. Okay, so this story is great. So this goes to the trials and tribulations of investing on both sides. Right? So you’re talking about, you know, trusting like Mike and know whoever. And uh, and so Mike, some, another investor wasn’t one of them. Jason, another investment. I trusted Mike to fill one of one of their properties and Mike ends up history. You know, you, you reach these properties like you, you go through 10 that are like a slam dunk there, super easy and then you reach the one that you’re like, man, I don’t know why this one’s just for whatever reason.
00:17:03 It’s just challenging. Just to preface though, yeah, it was in Milton and really was. Yeah, I think it was years ago. Yeah. Two thousand and nine maybe population of Milton back then. Probably 30,000 people know where to advertise either because at the time yet. So yeah, while advertising to this day, there’s still no Milton City selection and Kijiji tennis day. So I’m advertising a property in Milton, outside of Milton, rotating it through, you know, I don’t know Oakville, Mrs. Exactly. Then there’s the uh, weekly, um, a little flyer they get. And I know how it is. I live in Oakville, right? Yeah. When that fire gets my doorstep in units, a newspaper called the community, it goes through the doorstep to garage. Exactly. Yeah. My wife was smart enough to tell me, hey, you know, you can just cancel that and like didn’t know that. Let’s do that.
00:17:58 Saves one extra step, but yet couldn’t advertise this property so we can. So you canceled the local community newspaper? Yeah. Oh yeah. One hundred percent of a person you can actually do that. It’s the greatest thing ever. Just send it to the recycling bin. Carol gets updates on Oakville in that offering. I know what’s going on at Glen Abbey Golf course because of that newspaper. Don’t get the flyers. The flyers. Yeah. Yeah, that’s right. Okay. Okay. But, uh, so I decided, okay, I gotta get this. I got to get it out there. Mind you, it wasn’t that it was taken me long to fill. Just the amount of leads were low. Like I’m used to five, 10, 15 leads at the time coming out to see a property. Sometimes I was going out there, there’s nobody like, is something floating in my Tequila, it’s better than. No, it might be shock losses.
00:18:52 That was an important question. So sorry. No, no, it’s all good man. I think we bought 50 coroplast signs. Uh, there were two feet by three feet, said a three bedroom, two bath home, whatever. Call this number. Twenty four hour message. Hang. Hung those up uh, throughout different parts of the city or the town at the time. The office at one point, because we’re putting some of those in Burlington a, correct. Yeah. So them up at the store? Yeah. Yeah. Well this was actually after midnight in a snowstorm again, so I was on the island of an intersection hanging it up to the traffic light, like just below the lights and a cop car pulls up. There’s no other cars on the street. Then there’s this guy is zip-tying these signs to this traffic pole. Just to be fair, that’s the level that we would go to you.
00:19:40 But it’s like, that’s the level, like it’s like once someone gave, like once we gave our word, we’re like, man, we gotta make this work. Like whenever we got to do for sure yet hence what we just spoke about. Yeah. Yeah. Well, this semester I never even saw the property. I said you should buy here. She bought and now in hindsight I’m going to fill it in. Here’s the predicament. Some tie, zip tying the sign. The story’s not about one of Jay’s properties, not this particular zip tying the… It goes back to the alcohol. Hold on. It’s coming up. It’s coming up. Yeah. Zip tying this assigned to the pole. And then all of a sudden the cop car pulls up and I’m like, here we go. If I’m going to get fined, it’s going to happen right now. The uh, light turns green cop car goes.
00:20:19 I’m like, okay, great. Done. Oddly enough or less fully enough, that very next day I get a call and it was done. Property was filled off a sign. But uh, other than that, it probably would have taken me just, I would have got it done. Would have taken me a little longer, but the fact that, uh, we put those signs up, it really helped. So a very next day went to the LCB, grabbed the bottle of Belvedere to celebrate, to celebrate. Oh yeah. Had check in hand. Oh, that’s when we met. The next day I got the bank draft. Come back to the office.
00:20:48 Belvedere red bull. Let’s just say some of us had too much Belvedere and the secretaries phish was on her desk. She was on vacation. Yeah. And the last thing she said was take care of my fish. And it was a Japanese fighting fish. So Mike comes into this, Oh hell, I’ll take off. So Mike, Mike comes into the office and he’s like, yeah, celebrating because he got the, the bank draft. So He’s all happy. He’s like, yeah. And he’s got the bottle of Belvedere and his other hand. He’s like, hey. He’s like, celebrities. Like, yeah, we’re going to drink, we’re going to celebrate. I’m like, all right, cool. I’ll get to celebrate. It was like end of day. I think it was like a Friday too. I think it was. End of the week, right? So we, we have a couple drinks and then it was your idea.
00:21:26 Mike looked at the fish. He’s like, Oh yeah, we should do something. Will know something about like, I think he something I wish he’d eat it. Right? So of course I jumped, I jumped in. I’m like, Oh yeah, that’s a great. I like, yeah, you should. That’s a great idea. Yeah, do it Mike, do it. Go Mike, do it. So what do you know? The guy reaches his hand in the fish in the fish tank. He’s like, oh no, no, no, I haven’t. No, no, don’t do it. So then he reached his hand in the fish thing, swirls it around, grabs a fish. He’s holding the fish in. His hand, starts squirming and he’s just. He puts it in his mouth and then just swallows a thing. All I had were all sitting there freaking out. At this point. I literally, I dropped to my knees and was laughing so hard.
00:22:02 I still think I still think outside of like the birth of my daughters got. Might be one of the best days of my life. Do you remember what happened right after that? I remember you were on the computer because I was sitting there. I just question how do you replace it? Yeah. She knew she was not happy when we told her what happened the next day. She wasn’t. No, but we did. Didn’t we replace it? We told her we did, but the next week, first we told her what happened. Standard replacement. Yeah. She couldn’t believe. She don’t believe after Mike eat the fish. I when I started hitting Google because I’m like, Holy Shit. Is this fish poisonous? Like did he just eat a poisoned? I don’t know anything about these Chinese fighting fit, so I’m googling up Chinese fighting fish. Pull you in and enjoy the moment. I was worried for your help.
00:22:39 I appreciate that. I still to this day, can’t believe you ate that thing whole. That was something else. Good Times. Anyways, you celebrate it. That’s that’s what you get. You know what? If you’re going feel a problem not celebrating, then what’s this going to sell a property in? Celebrate. Make sure you remember the damn celebrations. I respect to the fun aspect of it because we’ve all been done those things, so I’m curious, earlier you were saying you would sell Jay a property. He wouldn’t go to the home inspection. How, what was the longest period of time from when he bought a home? So for either of you guys until he actually saw what he bought. I think he still hasn’t seen a couple of problems. I haven’t seen the last few. So you bought these properties. Who, who’s in the properties?
00:23:21 Rents coming into student rentals and rental property management was in the fall. We bought a duplex. I mean they’re all. You’re buying them, you’re, you’re, he’s buying the properties. Mike, he’s trusting you. Sight unseen. You’re looking at pictures though? Yeah. The last one was she was an early product so we didn’t have anything until the end. Has Your investing thinking change? Like did you invest when you first started for like cashflow announced for appreciation or vice versa? Did you just say forget it. I’m just gonna hold you as all longterm. It was always a longterm path already and there was a reason for that. It’s, you know, you guys talk about it and I’m very serious when I talk about it’s a legacy, right? And I use the analogy whether it’s to friends at work, you know, if you get by a bus tomorrow, what are they going to say?
00:24:09 Well, you didn’t call them a lot of names, but what are they gonna say? But yet I’m very sincere when I do that and that’s the reality. So is it, whether it’s building a legacy, building a long term for your family, know your friends. That’s what it comes down to. So that’s what it’s always been. It’s a longterm thing that’s never going to change. I think the dynamics have changed now as far as what we’re investing in and why. Like we stopped some single families I’m probably going to look to sell just to reallocate the money into Maltese for cash flow, but that’s not the reason for it, but it’s based on what we’re talking about, the demographics and the changing and blah blah, blah. Basically monopoly. You’re buying greenhouses and you’re moving into red hotels. Yeah, exactly. Yeah. It’s to get, say, as we said, my kids are just.
00:24:52 My eldest daughter just turned 17. My youngest is 15. You know, they know what’s going on. They’re all going through this college bullshit and my answer is I don’t really care to all the student teachers. They’re morons. Just get a skillset, whatever that’s in, we’ll deal with the rest of them there, but get a skill. I don’t care what that’s in. We’ll go do this. We’ll go by building, put your business data like this is the path to go. You know, my kids think I’m nuts. I did. At their age, what do they get? What do they think about the real estate side of it? Like do they even. How much did they. I’m just curious. Like when they were younger, when we did actually go see houses, Christy and I would take them, you know, the cleaning aspect of it. We purposely take them.
00:25:30 They’re going to go and know their bottom line was people piss live in these places. That’s kind of cool. You know, when they’re younger, it’s at the house with the blue garage that I was with the black garage. I can’t have any more than I was seriously vomit, but it was good. So yeah, that, that’s it. And it’s all about, you know, teaching them is, you know, my, My, as my dad says to me, you buy houses, buy shoes. They always think when he said that for years. Right. So it’s no fun. You do though. You’re always asking for the numbers. Like numbers are key to you. I care what numbers 100 percent. I mean that’s going to dictate what you’re doing. Yeah. If you’re buying it in numbers or you know, I’ve never been a contract guy because the numbers never had been in my life because the condo fees, right, right or wrong. We all know where that’s gone, but I’ve just never been in hindsight. Yeah, I think so. Part of the, the Nice thing about the investors here as well as well as, uh, one of your triplexes that you bought was just a pocket deal. Hit Mls. Yeah. That was an unfurnished like that was you were working on him and have one more. Yeah, you’re not going to have the Tequila, but you’re gonna have another barrier. My body’s a temple. That was another investor and that investor has. He owns
00:26:44 a block in Burlington. Exactly. Go homes and he had to sell it because while I was doing some work and you needed the cash influx and gracious Mike was. Mike’s like, I got this deal if I can get the shoe on it. Yeah. Okay. And that’s, that’s the nice thing. We can pass fantastic properties amongst one another here and it was a win-win. We always talk about that. It was obviously beneficial for him. It, it fit his needs or requirements at that time. It’s been a win for us, obviously. Perfect. We managed to try plex ourselves purposely. That’s a bit of a cluster fuck. But yeah, that’s part of it. So you have to learn that eventually. All this Passover somebody, but yeah, I don’t know that yet because I still get my hands on it. The reality, like let’s face it, like the single-family homes are the easiest.
00:27:23 Absolutely. And then once you go up to duplex triplex it gets a little more know you’re more involved. Student rentals use when the kids were younger and not that much. Honestly. A couple of years ago I had some issues there at some tenant issues for the first few years we had a lot of tenant issues. It’s just turnover and your note and no Hamiltonians is I say versus Hamiltonians today or in the past two or three things. That’s key. You know, there’s lots of stories there so thank you. And I had to do something so we’re going up. My in-laws are from Stony Creek. Mike. Mike grew up stony creek. We’re going out and had to go collect money or something and so we stopped and you know, you’re driving up the street on, you know, on the next street over, you know, you can buy the best crack in Hamilton on the street.
00:28:02 It’s being rejuvenated. So showing the kids this and of course my wife saying, you know, if you don’t educate yourself, you’re going to live there. And they’re like, well that’s interesting. Okay. Yeah. That’s parenting 101, right? They’re fear-based university education. Going back to what you just said and how the tenant profile has changed, I honestly don’t remember when the last addiction has taken place. Like I, I don’t. I honestly don’t remember. However, back in 2008, 2009 may be a couple of years. That’s a good point. Well, the tenant quality improvement. So there was a time where you and I went to the landlord tenant board. Do you remember that? The only time I’ve ever been. That way, you know, we’re not allowed to even go. Remember we used to represent, we used to, we used to represent rock star members at the tenant board because we were like, hey, we’re in this.
00:28:52 Nick and I both did that. When people had issues were like, come with us, we will do all the talking to the tenant board. That’s how deep we’ve gone with investment. Absolutely. Now you can’t even do that really because yeah, you have to be, what is it, a paralegal or a property manager, but back then we didn’t even ask. We didn’t know and they didn’t even ask who we were. So we’re just speaking on behalf of the J is so solid. Actually this was in 2008. That was. Yeah, there was a bit of a hiccup in the market. That was actually, um, a tone. It was. But that was one of the prepackaged deals. Correct. They had a logistics company, Here. They were traveling, gas was high, the price of gas was high, so they weren’t doing as much work as they would like to be doing it needed to be doing.
00:29:30 And they were ignoring your calls. You called me and said, Hey Mike, do me a favor, can you call them? So I called them, they picked up the phone and I’m like, Hey, it’s Mike just wanted to see you know, what’s going on, how you guys are doing, looking for rent, whatever. And I remember his exact words were, talk to my lawyer. Exactly. Hung up on that was exactly the next thing you know, we’re in court and this just goes to show the standup guy that you are, because I don’t ever remember the Lord was sitting in front of us. We’re like, here we go with that guy. They’ll have tenants was wearing off the. Yeah. So Laura, before we go up, we’re asked us, you and I to a more you to. Can we go out in the hall and talk and like, yeah we did.
00:30:04 And a lawyer said, hey dave left, you know that? And you’re like, no, I didn’t know that. Like because the tenants turtle unfortunately. And they had no reason to doubt you would’ve worked something out. Absolutely. Unfortunately they probably call the lawyer got bad advice. Like this guy. Exactly. Because he said he just wanted his paycheck. Exactly what Dave left. Do you know that? No, we don’t. Didn’t know that. Like, okay, if I give you the key, we, you let them out of the lease. Are you serious? And you said he sent them around the corner. We tried but we’re going to see. Can we get out of it or not? It was like, yeah, yeah, yeah, yeah. He sent them around the corner and you said you called them over and you’re like, hey, by the way, you didn’t need this guy. Don’t worry about what you owe me and that’s that. Yup. But you call tenant’s back around the corner in front of the lawyer, the lawyer. So you had this guy, he was a lawyer. He, his suit looked worse than that. And what’s the best?
00:31:02 I think they look good. They’re fit actually. And it was just funny. It was, you know, you have visions of these people and that’s the picture of the vision. That’s what this guy was. Yeah. It’s unfortunate. He just took their money. Yeah. We, I’m sure we would have worked something out and it would have been okay if it is what it is. It happened years ago, but my point is the tenant profile has changed so dramatically that I haven’t seen that in forever. Yeah. That’s the only thing. It’s not going to happen state. It’s going to happen. We’ve ever done. You have enough properties, but yes, we had evictions and the Tropics obviously turnover. Some stores there. You know, you guys, there’s been baseball bat storage. You goes have heard those. We won’t go to that and this, but you know, that’s part of the tribunals. Fun Story.
00:31:42 Multis you’re, you’re, you’re, you’re, you’re, you’re more playing in that type of playground when rent’s seven. However, however you guys say with the quality tends today. Yeah. I can tell you the tenants we have in there now versus what we had for years ago. Night and day. That’s true. Hey, what about Tom? Your did. Did your wife quit her job because of the property? I mean you were doing well anyway, so I didn’t know if it was a decision we made when we had kids. Quite frankly, she was working part-time and then it was. Excuse me, sorry. It was just. Yeah, it was. Okay. So I wasn’t going. Yeah, I mean it wasn’t the driver behind it. It just gave additional flexibility to do it it and bring it in. What about areas? Did you always just want to invest in Burlington, Hamilton? Did you ever think, ah, maybe I’ll do some stuff in barrier, you know? Did you ever, was there a thought process around areas or. No? No, it was originally, it was here and it was Mike. What do you think? You know, the air is much better than I. Once again, I trust her judgment. Makes Sense. Let’s do it
00:32:40 right. He didn’t bring in adjacent any deals from barrier, anything. You kept him kind of all in one area. And I think we predominantly stayed west West. I’ve never gotten north. Just. I mean we all know lots of people to manage his properties himself other than the student rentals, but they’re almost two hours away. So the other ones local or. Yeah. So what are nothing that leads to the question, why did you decide to do that? Like I do that myself as well. I’m a control freak. I tell Ya. I made all those. Hell yeah. As much as we like to have fun. I mean put it this well, all my sales guys, we’ll see you at your control freak, right? I am too faults, but I thought you had property managers for your student rentals, but single families do we manage, so Christine does all the easy stuff.
00:33:23 When shit hits the fan, that’s when I get involved. Right, and it’s. It’s worked out fine. She doesn’t want to deal with that. I don’t blame her. Yeah. I usually don’t want to deal with it either, but it’s worked out fine. They just hear that booming voice and at the end of the line they’re like, what the hell? Who the hell is this guy that’s gonna come after me. Now when something comes up, are you using our Rolodex of contractors in handyman or for the most part now it’s just guys that we’ve worked with over the years, like a decade and it’s. Yeah, it’s just bang, Bang, Bang, go. Yeah, exactly. Right. Yeah. That’s the biggest thing that Jay has now. After doing this for so long, he has his own team and the team was driven by. Obviously it’s a trust factor. Once again, you guys know this guy.
00:33:56 I mean we’ve all gone through contractors. We don’t have to go in this conversation, but if they’re all a nightmare. So you find the one that’s the least amount of a nightmare. Yeah. Tonight. So, you know, bringing up the contractors. My, the electrician I use just upped and left. He left to Edmonton to be a firefighter. I don’t know. I mean I didn’t even know how that happens, but anyway, he sold his business and all this stuff. Did I showed you guys this picture, right? Yeah, that’s, that’s. So I almost had a big fire. One of my properties, the dryer. Oh, that was described as a picture book. Yeah. The dryer was uh, one of the prongs for. So that was the stove. It was the, it was the dryer. And it’s funny because this is a really low voltage are fun. This is the, this is the old house that I used to live in.
00:34:34 So we had the product for 12, 13 years. I’ve never been. I had electrical problems. So the electric electrician is coming tomorrow. I’ll see what ended up being the case. I don’t know, maybe they were doing some because sometimes the story is they were doing something crazy but they were home when that a little bit of fire. So how did they know? Did they see a fire start out of that outlet because they were home and smell some burden. It’s like melting plastic. Right? That’s brutal. Actually. You don’t want the house is the house is a little bit older now. So as long as no one was hurt. What were you talking about this in another state? As long as no one was hurt then maybe I would have been not so bad. We’re going to read you all. What I’m saying? I got an insurance.
00:35:09 You know what happens when your house burns down to the premiums. Actually go up. A guy that got asked that we know who makes claims like every other day. So I’ve never made a claim ever in all the years that will be either. I don’t think I had any claims. I’m sure still goes up. So the premiums going up? Yep. Um, Kay. So your, your buddy, some of them probably didn’t get started when you got started right away. They probably thought you were crazy. How many years did it like, what was the, what was the event that got them to say, okay, you know what I am going to do what you’re doing. Well, the two guys that obviously we know that we got started in probably a year or two after. Was that all it was was talking about where you are to a okay. And then from there it’s just conversation and if you look at it funny, I mean those are good friends of mine that were originally from a workout for an hour.
00:35:55 Just friends in general, but have like friends like you guys say, guys, I grew up with Nick. You’ve met some along the way. They’ve watched all this success. We’ve all had the silver dollar and it makes me laugh. I’m like, you guys are nuts. You don’t want to think about one of your friends that was going to buy a property he bought. He ended up buying a townhouse right by the mall in Burlington. They’re on. One of them was called and I remember the guy because he was basically like, you kind of force them into it. You bought it for him. That’s along with I was, it was years ago and I appreciated that. It was like a sale. He’s like, look, this guy’s going to buy this one or why don’t you represented many ways. Right. And um, he, uh, and I, I thought about, I’ve thought about this anytime I buy that mall, I think about that town almost right across the hall.
00:36:38 Is he still there? But how much, how much the equity he’s gotten in that point. I didn’t know all the other factors, but because he bought when he did, because you were like, hey man, you know, just take the plunge and do it. Exactly. It changes life maps. I don’t know if he realizes that or not. If you still talk to the guy that I lost track of him. I know he’s still not good, but I mean good. Just good for him that he took the plunge and did it right. If she was in town was right across from Fairview Mall. Mapleview Mama right across the street there. They’ve been there forever as a Condo townhome. But I’m like, man, that was like 10 years ago now. Yeah, it’s benefited greatly from that. Right. And didn’t you guys say just buy one house, right? I mean that’s, that’s.
00:37:10 I use the same process. Just buy one house. You’re at 25 years. No. Think of how that’s going to change your life. Everyone thinks that’s so long, but it just happens. You know, Brad lamb laid it out sometime. It goes last year, 70 percent of twitter basically along the same lines. So I just took a picture of it, sent that to, I don’t know, about 40 people that work like guys don’t listen to me, listen to this guy, you know, if you know about him, he’s not. But guess what? He’s got a path he’s filed and he’s got crazy expectations. Yeah. But Jay, those that are closest to you do listen to you in the last 45 days to have your friends have purchased properties. One. Oh really? When did a student rental first son and then the other data rental on St Catherine’s and filled and you know, me, I don’t pay attention to that, but I do know we got a bunch of cash for Christmas so it was happy, but I talked to and I talked to one of them yesterday who gave you a lot of credit for getting him started and he’s in the similar industry to you and it was anyways, it was funny.
00:38:04 He was talking to him about stuff, but he just filled one. I don’t know if you know Mike, you may not know this. So he filled that. Remember it was a higher price, a little bit worried about. Oh yeah, he just filled it. What do you get it from 50 grand up front? He lowered the rent because of it. So he lowered the rent all the way down to 2175 isn’t it? Certainly isn’t that little, you know, isn’t that low? But he got 50 grand up front. So he was over the moon. He was celebrating yesterday. Yeah. The best. The best is, is um, with your buddies. And we’re looking at these properties. I’m like, this is it. This is what you want it. This is the perfect. Well, let me talk to Jay. I know guys. You heard of the 10,000 rule. I got 40,000 hours on the trenches every day.
00:38:45 No, no, no, not at all. Not at all. But I’m not saying that in regards to me. I’m sitting here in regards to you. That’s how much these people respect you. Yeah. It’s also that I don’t think people are ready to know you. They know they don’t know that you’re not going to rip them off. And that’s part of it. In fairness, they know because of obviously our relationship go to out otherwise, but once they realize who you are and the integrity you have, then they’ll stop talking to Jay. Hopefully. I described everyone to Mike. I’m like, listen, you don’t know Mike. When people question Mike about it, I’m like, listen, this guy, you meet them after a day, if you have a problem, he will drive to your house, give you his car. Thousand dollars cash in the shirt off his back. Exactly. Kinda guy.
00:39:23 Ron was there too last night, right, and we were laughing because at one point, which you probably don’t remember, but I was like, because I was talking about with Kevin and I’m like, look, you know, some something came up about his properties are you or whatever, and I’m like if that guy called right now and it was on speakerphone in front of us and he’s like, guys I’m in a really bad problem. Like I need you guys to raise like I need you guys to be here. Like for now, we would all be there in an instant. Exactly. Then I said I go, if he needed a million bucks, I go, how quickly do you think we could raise a million bucks for him? Like it, it basically really quick, really easy man. So I think it goes a long way, you know? I don’t know.
00:39:59 Don’t discount that because you’ve made a big difference. I always tell my shit it is, it’s a huge factor. I mean, as much as you know, it’s reciprocal. It is. And Yeah, you guys live this life. I don’t, I just do it so I can go have a good time party. Okay. It’s allowed that to happen. Right. For my family. More importantly for my wife. Sometimes you know, too much partying, but anyway, it just. The way it is. Speaking of that, you still doing the Disney vacations or. No, the reason I ask is I’ve been instructed by my daughter that we have to go on a Disney cruise and I’ve said, talk to your uncle Nick, that when he takes his daughters on a Disney cruise then we’ll go on and we almost went this year. I was gonna say we almost booked it. I’m like, cms got me ready to go in another district to sandbag Tom saying, hey man, we’re going.
00:40:40 You’ve got a book now. Yeah, yeah. She’s like really pushing for the Disney cruises are, I think you were on the board. I was on them. We’re seeing them now just because of the age of the kids, but we did six or seven of them. Yeah, they’re so good. And then last year we went to the Mediterranean cruise. Oh. And we looked at Disney and fairness because they started at like six, seven years ago, Norwegian look, the boats, the cooler and more cool stuff for them to do so it wouldn’t Norwegian. But yeah, I mean to me it’s both. There’s a Mediterranean cruise. It was very nice. That was good. I liked the Mediterranean cruises because everyday, I don’t know which stops you did, but everyday you wake up unlike the Caribbean and all kind of looks the same every day in the, in the Mediterranean you wake up and you’re like, you know, you’re in Venice or you’re or you’re on the coast of France.
00:41:23 And they look different. The kids, I don’t care where I go, I’m easy. My wife being a flight attendant for so many years has traveled the world. So for her, she enjoyed it because he’s got a lot of places. My kids found it fascinating to see how they love. They could drink wine, you know, 16 and 14 year olds and that, that was cool. My buddy who came with his, he’s got 13 year old triplets, is one son was hammered. I one of the lunches, we were in Florence. I wasn’t. It was a hot day. He was drinking wine. No, he was drinking wine like it was juice. It was hot and all of a sudden I said, my buddy’s name is goose goose a look out. He got up, walked sideways and fell face first and I went and of course the people we were in a small little family, quaint.
00:42:03 This beautiful place we went to. I wanted the tours and my buddy doesn’t even drink and he was just like, Jiggy, I got to get him away from you. I have nothing to do with this. Not really. The good news is he’s not going to be hung over. He’ll feel great. That actually that night we’re at dinner back in the boat obviously, and his son has got flare. He’s gonna. He’ll go places, believe me, this kid. And he says, Gee, you know what he does yet they all just kissed. Do. He says, I don’t feel that bad. Now I know. You feel like, wait. Slow down. Slow down. Slow down.
00:42:41 Stop. Where did you go for? Is Italy France? Where were. Yeah, so we’re in Barcelona, uh, another island. Oh Shit. Malaga. Leon’s a buddy of mine. I went to high school. It’s got a bar on, I should know the name. I don’t. Anyway, so we stopped your treasure map around the world is all I buy different bars around the world. It really is actually. So He’s, he’s on a bar there for 20 years. Him and his brother, so I would task with them. They’ve been there for 20 years so we stopped. It’s not awful as in the Mediterranean somewhere, somewhere where it’s part of Spain. Okay. So we started off at one day. There we do. Well, we went into it right away and the kids went to Howard and I went down to the bar because I hadn’t seen him for 20 years. Cool. Yeah.
00:43:25 So it’s, it was great. The family loved it and then we did, you know, time and because of what we do and thankful for what all you guys had offered them, we did five days in Rome and all that tour. And so then when you’re, when you’re managing your property through that, what happens when something comes up here where you just ignore it? Well, I’ve got my phone in fairness. Yeah. So you’ll just call whoever the care of it. Absolutely. With your daughter at 17 now, can you still get her off to summer vacations this summer you think? Or? We might. My eldest daughter is very heavily involved in competitive horse jumping, as you guys have talked about and we’ve talked with. So we used to get Nick to buy a horse and I’d love to offer it to you to sell your horse Niggas know I know too much about that.
00:44:07 Let me tell you a story. You know, I do dump things and buy stuff because it’s cool. So I saw these people making all kinds of mine and that’s pretty cool thing to do. Okay, cool. I remember, I know another flipping horses. Yes, sure. Look, cold, GP, GP, because I know there’s both, there’s, there’s big money and big money. So my wife does all this stuff. I just go watch my daughter jump and leave. I’m not affiliate with anybody else. I don’t have time for, so yeah, he really wants this horse, blah, blah, blah, blah. Yeah, that sounds really cool. Yeah, we can. She can ride it. Will lease it out, make some money after to sell it. We had for three years it’s diabetic if it. It’s up on a farm and area because it can’t eat grass. It has to have all this organic hay.
00:44:46 Like you’d love it because it’s all this organic shit. The horses better than I do and I’m like, we’re going to pay for this. How long do horses live? 30. I think it’s like 17 now. I’m like, seriously? So it’s a family pack and every time it comes up I described I’m walking away. It’s so no one or no one rides the horse anymore. Now my daughter goes up every couple of weeks until I got it. I’ll give it some organic hay. Yeah. So can you sell the horse if you need to now or? No? Uh, for glue and you know, you know, it’s horrible. You can’t even. There are farms out there that deal with the mentally challenged because horses are. Horses are very good for, you know, to settle them down to, depending on your circumstances, we can’t even get that to them because it’s because diabetic and Kenny grass so they can’t commit.
00:45:31 So I’m like Nick is looking, if it eats grass, it’ll die. It’s gonna save me money. This could be a starter horse for you. This, it’ll be a nice way for you to don full is. It was a starter for us and then you know, I just got roped in big time. I hate admitting it but got sucked in. So how much does it cost to buy a starter horse for your daughter who wasn’t sure if it was seven or eight grand? Seven or $8,000. It was. I think a horse is like a boatman. Anyone that I know now that people with horses and people with those to your money, you don’t bother nobody. You don’t buy one. You just rented one? We leased them. Yeah, I mean she rides now she’s in this big monster horse in for what? She jumps and release it and we released horses the past five years.
00:46:06 Is that how that works? You can you lease the horse for the season? Yeah, yeah. You lease it in. You know, and it’s interesting. This is, I’m just learning about it because it’s only been. And I’ve warned you jokingly. All kidding aside, I stay. Stay as far away as possible, like get her off horses. No, I’m encouraging. No, I’m doing the direct opposite because my kids have been in sports for so long and I’m adding it up like soccer and hockey now, competitive dance and I’m adding. It’s all the same. It’s just brutal reason that I’m doing it. I’m just like, well Nick, I’m smart and I love. Obviously I want my kids to be. I’m not, I’m not complaining. I feel grateful that I’m able to do it, but at the same time when I look at the number on what you spend on all this stuff, turned him in centre cells and travel and so I’m just looking at Nick because he hasn’t experienced.
00:46:51 I said, Mike, this is coming for you. Look at Mike’s eyes. Look at my size or appealing. No, I. Cause I’m boggled my mind. I remember growing up and we would go to the park and we were, here’s a hockey stick shift rink. It was built st a snowbank yeah. Or Yeah. You go on the street and now you don’t see that would lose the ball in the snow or. Exactly. Yeah. Go steal stuff running around. So all did facts. There was no organized. It’s organized. It’s unbelievable. Our father will come and say why I don’t understand what you’re doing. Let the kids play on the street with the other kids. And I’m like, Dad, there’s no one on the street. Exactly. All the kids who live on the street or in organized sports, whether it’s baseball or horseback riding. And the unfortunate part about that is an um, you know, I’m very against the way this has gone the world.
00:47:35 Thankfully we are where we are and it allows us to do this. But organized sports are so ridiculously expensive that limits don’t give yourself the op opportunity. You’re limited and, and it’s, it’s a big problem, but it’s Shitty for the people that you think if they can’t afford it got Mahogany. And I’ve got buddies that have hockey school shooting schools. The amount of money these guys are making and the exact word is Jay. You know what, if I don’t do it, someone else can take the money. So I’m doing it. It’s crazy. And why? Because their parents can afford doing the authentic kids. Go in there and shot all this bullshit. It is mind-boggling what people will spend. So the ones who have talent and you want to, you know, they want to try and get the kids somewhere to give them the opportunity that can’t.
00:48:17 It’s a big list. I have a big issue with that. At one point we asked our son, I think in grade three were like, look eight. And you’re going to have to choose. It’s either hockey or soccer, you’re not going to do rep soccer, rep hockey. And so he chose soccer and then all his friends were doing hockey. So a year later he’s like, Dad, you know what, I love the soccer. But every one of my friends is in hockey. Can I please go back into hockey? So I just broke down at that point, I broke down, I’m like, okay, you know, he’s in grade four now you can go, sure you can go back and hockey. And then I caught myself for a few years in soccer and hockey and it’s just because he’s like, it wasn’t for him to make the NHL or anything, but it was because all his friends were in it and want it to be part of that.
00:48:56 And I’m like, that’s how you kind of get. So I thought I would never get sucked into that. Like, where are you? But I totally got sucked in. You do. I just got sucked into an oral. Was years dumb enough to do it. As you say, we’ve gone through it, you guys will go through it. You’re like us, we’re idiots. You want the best for your kids. You want the opportunities that you didn’t have. So you do it and a story and then afterwards you go, listen, I’m telling you, because then they can. I grew up with immigrant parents and Mike, I’m sure you can relate to this. Nick and I grew up with immigrant parents. Our Father Never knew anything about hockey or mothers, so we just got to play soccer or forest because our fathers Croatian. So you basically better making the national team kind of thing.
00:49:34 One day, uh, during a host league game, I made it onto a team and ms dot called Dixie, I think it was called Dixie select or something. It was like a rep team, but before that it was a house league game. And um, my father didn’t like think about this. I must’ve been like 10. My father didn’t like the formation that the coach was playing for the 10 year old. So you know what he did? Jay in the middle of the game while I’m playing, he walks onto the field. Gary grabs me by my ear and pulls me out of the game and takes me home. Was Out of the parenthood book too? Yeah, that was. He pulls me home. I tell that to parents these days, are you, are you kidding? I’m like, no. My father took me home. They’re like, what did you do? I’m like, well, I just went to the practice the next day and I pretended nothing happened because that’s just what you did what you did, but he walked onto the field and pulled me out of the game because he didn’t like the formation. The coach was playing. I played. I played football because my dad didn’t know anything about foot bustles perfect. So the soccer pitch about something a football. I’m like, you don’t want anything
00:50:28 and put the helmet down. He couldn’t grab your ear. So yeah, I’ll just run them over or we just softer parents. Yeah, I think I took. I think we are for. We are. Because of the opportunity that we used, I am given and allow them to do 100 percent. I took your ride to see Thomas the train in the summer and walking him to Thomas the train. I almost broke down and I don’t know why because he was so excited to see, but I was more excited that he. I was more. I was so emotional. I don’t know what that was. You’re a better parent than me because I took my kids to see to be new and it was raining and we had to wait in line to get in and I was pissed off. Why am I here? Something like that. Kid’s movies and stuff like that, you know, do.
00:51:09 I’d fall asleep that because it’s that. That was because I don’t watch TV. I don’t get downtime. Downtime was, oh look, dad’s sleeping. That’s the movie. So you’ll respect this too. To just had their Christmas party. So was that the Kitchener memorial auditorium this weekend? You know the inside scoop and snuck in or you were invited in connect so I can win. And they rented out the pop patrol production and a year. I Love Papa troll, but seeing those characters come out. Damn. I almost broke down again for him though. Just because you get more and more cruisey show these characters. Oh No, no. I think just because of that. I’m not going. But you got to hear this toe. It was pop patrol. It was bouncy castles all over the place. Face painting, Santa Claus. It was ridiculous. It’s not like our Christmas party, no parties.
00:52:09 We’ll have to be discussed and for anyone listening or something x rated freaking out. I know what’s going through everyone’s mind when we don’t discuss it. It’s a normal Christmas party. It just gets a little older. We just lose one employee every year. That’s all common ground every year. That’s true. Most we’ve all had those. We’ve had Nicole, I have laughed at your experiences and some of ours and some of the shit that we had to do. I feel like you know what? First Year University in Calculus, the professor looked at us and said, look to your left and look to your right in three months, one of these people is not going to be here or both of them. I figured that I could look at our Christmas parties. We need to do that. Everyone before we get on the limo bus, look to your left and look to your right. One of these people will not be.
00:52:50 That’s the joy about called the reason you need to go on a Disney cruise. I feel like I worked for Disney because Disney parks, you have to line up in the sun to see all the characters on the cruise, all the characters. Exactly. Roaming around the boat. And that in fairness is why we did it because I have no patience. I hate the parks. I hate you. I hate it all. I mean I love the Disney difference because, you know, they just suck money out. He opened and you give it to them. But you know, I’ve seen the best parent fights in the Disney parks. Some great stories because guys just go, I’m done. And I’ve seen some good ones that go. That’s funny. That’s good. Christina. She left. That’s hilarious. So anyway, that’s why we started on the boat because I’m done.
00:53:26 And you can bring your own beer and Disney boats. Can you? Yeah. Can Change now. It used to be a case of beer because when I went they reduced it. So what we did is we brought other stuff. I forgot why you could bring in more of something else. So I’ve got a good buddy of mine. He’s, he’s a UFC now. Like you guys and he’s fully tatted, Bob. Perfect example. Disney cruise, right? It takes off to different schools. Who is that guy? So that’s brilliant. So we’re in Disney curse, you know, back then you could bring cases of beer. Every stop we go off and bring cases of beer features come back on and they’re just like, you guys getting more beer? Well yeah, why would we pay to buy your beer? We can go buy that for, you know, eight cents there and bring it back with us and who’s going to question this guy because nobody would.
00:54:13 It’s just brilliant. And it’s like, well he’s that guy on a Disney cruise because he has children just like you just didn’t fit the part and I didn’t fit the part at all. I never asked you, did you? Where did you grow up? Ms Dot Sarah. You grew up Mississauga. Did you go after high school, College, university on if I’ve ever asked you this, that’s a good story. Okay. So I have to make it very brief. I went to university a bunch of times and I never finished. I quit, but in three months time because I like to have a good time and then how do you exterior in the automation industry and I’m like, how did that really well for yourself in that industry? Like the path I’ve always been in sales all my life. I mean I used to go to the states and bring back cartons of smokes where kids marbles and Selma high school because you made money.
00:54:57 I remember that area. I used to flip cars of the auctions, all this crazy shit. My Dad always had the sales. It was just that go make some money, right? Don’t be relied upon anyone else and university wasn’t for me because I just like to party too much. Actually that’s the reality. So then I said, okay, I’ve got to do something. So I really had gold being coming, electrician. So I went to a number that was the original intent and then they were like, you look to talk and blah blah, blah, blah blah, and imagine being an electrician. He would be a hilarious. He wouldn’t know what that was. That was the original intent. Nothing’s. I’m just saying personalities for each job. Slowly and then it was, you know, we all talk at our automation today and ai and blah blah blah, blah, blah, and back then it was pretty cool.
00:55:44 I’ll probably get an easy job doing this. Right. So I graduated and I remember very clearly I got to make it very brief so I got a job in Burlington back then I was 22 years old, 22 I think making like 40 bucks an hour in front of, in front of a desk and a computer at 22 take time and of course I’m driving on this chart really sucks back then I’m like this dress socks. We lived there for Mississauga and four of us in a, in a house by square one. There was no traffic at all. Exactly. And I’m like, this is too far. This sucks in front of a desk. So one they launched. I was like, Whoa, is there a month? I just got up and left. I’m like, I won’t be back left. Then I had a buddy lived in North Bay, so part of there and my parents were utterly.
00:56:23 They’re like, you’re an idiot, you know, and the whole story behind that. So it was just, I knew what I had, so I got into sales associate. Sounds kind of cool and the rest is history. Got It. Got It. And I mean all joking aside, like we, I think about this a lot because you got into sales and we joke about it like you’re talking about ai and stuff, but you did get into sales in a company that was riding a good trend in a path. I think that’s so important for anyone listening to this. If someone’s going to get into a sales job, pick an industry that’s on trend. Will you guys spoke of with that in one of the others? Like you say you got guys don’t go so shoes. I mean that’s what’s wrong foods, but if you think of opportunistic path, we’re going to make a shitload of money.
00:57:04 Do the research and find that and go. I didn’t do that research honestly. I was just okay, it looks pretty cool and I say, got it. I got a job with it and then obviously it’s taken its path from there. That wasn’t the intent at the beginning was kind of cool, but just looking back how much you benefited from being on trend and I was the same in software. It was like I didn’t really get into it, but now you could do the same job, but if you’re on trend just push yourself so much faster. It’s kind of like with real estate. I tell her, look, you’re gonna you’re gonna live these few years, 25 years anyway. If you hold the property during that time, one property, like we said, your whole financial life is gonna Change. You might as well just pick up a property deal, refund, deal with the one call that you get unexpectedly a year or whatever it is and move on.
00:57:47 But uh, Mike, what, what, what else have you, any other stories you’re sharing with Jay? Uh, no, sorry. I was just thinking about what you just said. For me, it always used to be about myself in the beginning and now it’s about our children. Absolutely. Setting them up so sore. I deviated when you were saying, hey, just one property. We talked about Thomas the train in Disney when we discussed the cost of the activities, mixed bag, how much I spent to buy more houses now just to deal with those activities. For sure. Yeah. That too. Yeah, no, absolutely. Yeah, no, I’m sure there’s several stories. Uh, I looked back actually before this podcast to see if I can find anything in our emails. Do you know how many emails you and I have had over the years? I have no idea. I’m not a 690 early.
00:58:35 Yeah, for the most different thing. You all 600. 90 six 90 threads like with emails. Just email back and forth. Every threat. So in each thread there might be three, four, five, yes. Thousands. But let’s be very clear as we all know that Mike’s Mike, so I don’t have time to do shit and so hear you. You just, you do it. Let me know what it is. James Blunt. It’s not like these emails are like, people won’t pick up on that. I don’t think for this interview, for the ones, for the ones who know, there’s one thing in, in everything that you’re doing for your family and legacy and stuff. I just in my mind, I just kind of always liked to project I 10, 20 years ahead and I just think that we’re on this path
00:59:22 where unfortunately in this country there’s going to be people like you who have some property who’ve worked hard for it. Like we’re. We’re lucky we’ve worked hard for it. But you’re going to be at some point villainized I believe because. Sure. Because yeah, you have stuff and I just want it to go down somewhere. So we’re recording this on how hard you’ve worked to get what you’re doing. How many. No, no, no. Listen, you took the risks you met with Nick with is cheesy powerpoint presentation. That’s where it’s at in itself. That alone. I’m going to try. I’m going to try to dig that thing up. You bring it up again. I was trying to get along with this. You put that in a picture with that. You guys are good. You know what? Maybe the next member event, I give that presentation with that I remembered as full things.
01:00:08 Yeah. That you put on your flip, right? It was purposely built and it was very focused. You know, you’re focused on. Well, yeah, because I didn’t know what the hell was doing. So hold on before he continued that. So why the hell did you sign up then after you were going to do it anyway? You just have to do we decide we’re doing regardless. And it was kind of cool, you know, and, and in fairness, we apologize for that treasure. Say I’m sorry, we’re good. Um, but it comes down to people. It’s, it’s, I’m a gut guy, like your I don’t and that, and that’s just the business we’re all in. We’re in people businesses and if I like, so I’m gonna run away like the bar where I yesterday wasn’t pity I’ve known him. It may have been some pity too, but I’ve known this guy a long time and it’s all loyalty.
01:00:50 It’s all, it comes down to it’s I’m loyal as we spoke about and now we’re getting. You can see people that are loyal. I believe very quickly and once you recognize that your run, look I was, I forget who I was talking to, but I, I just told them like, look, if you have 10 good people in your life, like 10, if you have 10 people that you feel you can call and they’ll have your back, whatever, and I would be loyal to them the same way. I’m like, your life is in a drastically different place than, and it’s something that I’m trying to explain to my kids because Ella is really my, my oldest daughter, she’s really tied to a few friends and I know she’s only eight, but I’m already trying to get an understanding like you know, but that’s girls, so they’re all nuts.
01:01:29 As long as that you’re just dealing with. I’ve got two that are teenagers. The other nuts. Thank you. That was. But I was explaining this to someone just yesterday. I was having this conversation. How are parents came to this country? They knew nobody. They had no network. We’re the next generation and thankfully we know some bankers. We know some lawyers know some home appraisers. The amount of ability we have to move faster because of that and now what we’re able to give our children like think about this, if, if, if Aiden, my son ever wants to get into automation, how easy guys, now I can say, well, I know a guy and we go back a few years. The power in that I didn’t understand the power and we neither and investing in those relationships early to let them develop. I now realize is everything. Take everything here and throw it in the garbage and you’re going to be fine. We’ll be fine. Mike is going to be fine because of those relationships that you’ve earned. Are you guys are merging between each other? We’re good. I think we’re. We’re good. I think we’re good.
01:02:20 Okay. Going back to being villainized though, and I think it’s completely unfair because you took the gamble, the risk. You worked hard for it, however. Yeah, but when you reach a certain level, not only can you help yourself, you’re helping others and that’s the key theme of the day and that’s really all that matters. Of course throwing is helping people, but what I will say is now, yeah, but we’re now just know we’re all now. You’re lucky. We’re all lucky. That person driving the Tesla, Mercedes, whatever. You’re like, oh, look at that guy, whatever. However Jay, you live very humbly. I think a lot of us here do, however, you don’t know what that person went through and data. How many people is that person potentially helping? Exactly, Yup. Sharing expertise, sharing their work. You know, live on tiering. Yes. Yeah, so I think you can’t look at it that way.
01:03:06 I think that’s another part of it, as you just said. I mean, I know we want to try and wrap this up, but if you look at integrity, be very humble. Yeah, that’s very key. You know, I always say we’re all, we’re all from Oakville. I hit up for people because we’re all doing this. Sorry. It’s true. And I and I, I’ve never say from Oakville, nurses were from Burlington if that’s just my stigma, it’s because I can’t. And because of that and which kids get older as you’re going through some of the shit that they hear, and I will say this is bullshit. I always tried to make it away. If I tell them it’s Disney world, this isn’t even really exist. Yeah, we’re in bubble filled. Get Out of Belleville because you know, mom and dad have done a lot of crazy shit and worked really hard to do this.
01:03:46 Get away from these people. And I’m an ass when it comes out probably to a fault. Whereas Christina, so you know, you gotta shut up, but I can’t thank you. Well, my kids are taken to Toronto where I grew up. I grew up right beside Canada Packers. That’s changed a little but, but not dramatically. It’s all showed them. They’ve got to understand the risk-reward and faults and build the team year round and interest people. Your width and all those factors will be small, but in the end, that’s what builds template. And that’s key. Cool. Probably the last podcast before Christmas. Merry Christmas. Happy Hanukkah. Happy, happy, happy. It’s allow. Yeah. Last one. Just be happy. You better. You better not forgotten a holiday because it was only Christmas and Hanukkah. Then if there’s something, probably that’s why he tried to cover it by saying Merry Christmas and happy holidays because they say Merry Christmas and then I can rule in happy holidays, which covers everything.
01:04:40 Nope, I’m good to go. Yep. Last shot. And that’s it. Awesome. Gentlemen, this has been amazing and Merry Christmas to say hey everyone. So hopefully you enjoyed that chat with Jason as I said, such a good guy. And if you’re listening to this and you want to get a blueprint of someone, this isn’t Jason’s story, it’s actually another investor that we work with, but we put a blueprint together. Um, and you can download a copy of that rockstarinnercircle.com/blueprint. So that’s rockstarinnercircle.com/blueprint. Get it copied there. Um, if you’re listening to this at the end of the year, right before
01:05:18 the new year, happy new year. If you’re listening to this after the 2019 has already begun, let’s kick some ass together in 2019. We’re pumped for it. We got a lot of big ideas for the podcast. You are still having a ton of fun with this. It’s shocking to us at how I guess easy these have been to do and how much fun we’re having with them. If you have any feedback for us at all, you can send it in always to firstname.lastname@example.org. We appreciate that. Um, a lot. So email@example.com. I think that’s it for now. Until next time, listen, we only have one life. You might as well live it on your own terms. Make it happen in 2019.