Digital Social Hour - How I Turned $20K into a Million-Dollar Home Business | R Dyson Colley DSH #526

Starting point is 00:00:00 I mean, cheaper is better on a standpoint of profit, but at the same time, you want more efficiency in this industry. I'd rather pay more for somebody who's going to get it right the first time than pay less and then have them come back and have to redo it again and pay more money to get it done. So definitely having reliable contractors and making sure they get the job done right. Wherever you guys are watching this show, I would truly appreciate it if you follow or subscribe. It helps a lot with the algorithm. It helps us get bigger and better guests, and it helps us grow the team. Truly means a lot. Thank you guys for supporting, and here's the episode. All right, guys, here with R. Dyson Colley. We're going to talk about building houses today, man. Absolutely, man. How you doing? That's what I do, man, all day long.

Starting point is 00:00:47 Yes, sir. When did you get into this? Man, I've been building, going on about 10 years this year, man. Started kind of in real estate 2016, doing everything in real estate, wholesaling, fixing flip, owner finance, and ended up purchasing a lot from somebody on accident. The lady was behind in taxes. I sought a lot a few times previously dropping my son off from school and was like, man, if I can wholesale a house, like I can wholesale a lot. Contacted the lady, ended up purchasing the house from her or purchasing a lot from her, built my first house, man, had some private money investors that funded it and built my first house, man, had some private money investors that funded it and built

Starting point is 00:01:25 my first house, man. That was early, you know, 2016. Wow. So you had no idea what you were doing. You just. Absolutely not, man. I told the guy, I was like, listen, I want to build a house. I don't know nothing about building a house. So I had kind of a background in construction from working in the summer. Right. So there were a couple of guys guys in my neighborhood that you know we used to take me to work in the summer so we used to go build decks and build dog houses and all that type stuff so i was good with my hands but never really got into construction construction and um and i just jumped in here first yeah what a risk because you were probably in six figures right to build it and stuff yeah so i think um and i tell this story all the time um man the very first house i built i built just just winging it like no help no anything and um i think our budget for that one

Starting point is 00:02:13 was like 145 we ended up going over budget 19 grand and um it took me nine months i made like 3218 bro that's it that's it that's my profit for nine months worth of work. For nine months of work. So yeah. So if you do the math, you're talking about $400 a month. And that made you want to do it again? Yeah, eight months. Well, I understood, man. Once I get it, I have it, right? So it was just a matter of taking that skill that I learned and then just kind of honing it to make it better. And so my next three houses, I was under budget, started making 30, 40 grand. Wow. And it's been up since then. Okay. So you can make 30K on just one of them? Oh man, we try to make a minimum of 40 every house we build. So that goes up from 40K, man, you can make upward of 130, 140, just depends on the house and the market. That's pretty solid. Cause if you do a couple a year, that's 100K a year.

Starting point is 00:03:06 And that's what we tell people. So in our program that we have, we tell people, man, you only need to do two or three houses a year. And that could change your life. That could really set you right for changing your financial outlook, building wealth for yourself, your family. You only have to do two or three a year. That's super realistic. You could do that on the side probably. Absolutely.

Starting point is 00:03:24 Absolutely. And we have people that come through our program, they're nurses, they're doctors. I mean, I'm sorry, nurses and teachers, things like that, and come through our program where they're building homes right now, creating that generational wealth for themselves. So, I mean, it's very realistic, bro. I'm an IT guy by trade. So, like, I spent 20 years in IT and I jumped off the porch into construction and building. And I've been doing this for almost 10 years, bro. And you know, I've made millions of dollars. Yeah. All in Texas. Absolutely. All in Texas. In Dallas. Yeah. In Dallas. Nice. Does

Starting point is 00:03:57 this work across DFW? Okay. Does this work in other cities though? It does. So, um, you really just have to understand your, your region or your area where you're building. So there's 12 states in the continental U.S. that don't require you to have a license to build. Right. Texas is one of them. So if you're building in a state that requires you to have a license, only thing you have to understand is those requirements for gaining that license and then the process to build. But the process for actually constructing a house is the same, no matter where you build it. So it's all the same. So the hard part is just finding the right people to actually build it, right? Absolutely. So in our line of work, the contractors are your, they're either going to make you or break you, right? So reliable contractors are going to make

Starting point is 00:04:45 sure that your processes are being followed, that your plans are being followed, but the wrong contractors, then you got a problem, right? Then you have those that'll take your money, they'll run off with materials, they won't come back to the job, that can delay your process, that can delay your building, and it costs you money because then you still have to get the job done. Right, so you got to do your due diligence and probably not go with the cheapest one either. Yeah. I mean, cheaper is better on a standpoint of profit. But at the same time, you want more efficiency in this industry, right? You want more. I'd rather pay more for somebody who's going to get it right the first time than pay less and then have them come back and have to redo it again and pay more money to get it done. So definitely

Starting point is 00:05:28 having reliable contractors and making sure they get the job done right. That's what's up. You're probably dialed in at this point. You got the same team you work with. Oh, yeah, absolutely. So we have a list, man, of contractors that we've worked with. We even label them by grade. So we have a whole, you know, a whole Rolodex of contractors that's graded A to D, right? A is our top level contractors. Like we don't have to manage them too much. They can carry their own jobs, things like that, where they're not, as soon as they're done working, they're calling you for a check.

Starting point is 00:05:58 Hey, can I get my check type stuff, right? So we have them graded, man. And we just, you know, keep adding to that database. And that's what makes our business successful. know keep adding to that database and that's what makes our business successful like being able to rely on people that that do good work for nice yeah do you have to deal with any licensing issues or for building and stuff um well to be honest with you man um like i mentioned there's only 12 states that require a license texas is a one of them okay so as a builder i don't need a license build. So I can teach my son to build right now.

Starting point is 00:06:25 He's 13, right? So I take him to work in the summer. Once, if he's ready to start building, he can build a house, register himself. Now, there is where you have to have trades that are licensed. So your HVAC guy, your plumber, and your electrician, those are the only three trades that have to be licensed. And that's across the board in most states. Wow. So, so yeah, anybody, anybody that has the skill and really know what they're doing can get a house built, man. And they can, they can, they can run up the bag. Yeah. So you said you need around a hundred, 150 K.

Starting point is 00:06:56 Um, yeah, you really don't need that just depending on how you structure your deal and the type of resources you need. So, um, normally normally what if you're going into a deal where you have lenders and resources that are financing you 100 percent of the construction plus the purchase of the lot, then you probably need to go in it with about 20 or 25. That's it. And that it gets you because what you're paying for at that point, if they're if they're financing 100 percent of the construction and 100 percent of the land cost, what you're paying for is your closing costs and your carrying costs. Right. So just for instance, closed the loan a few weeks ago, about 200 and I think it was like 282K. My closing cost was $8,600.

Starting point is 00:07:37 Damn. Right. So I paid $8,600 to get the loan. Now I own the land and I have 100% construction costs. So now I'm just funding the interest payments to carry that loan until completion. So people think you have to have a lot of money, but you really don't. You just need to know how to structure the deal to make it work for you. So yeah. What was the interest on that loan? Wasn't it like 10%? Yeah. So when you're dealing with hard money, it's a little bit higher. It's like some areas,

Starting point is 00:08:04 it can go from 10 to 12. They give you two points up front, things like that. But you got to think about it too. We're building a house in 120 days. So four months, we're building a house. So if you're really on schedule and you're efficient in doing what you do, then yeah, you build a house 120 days. Most terms are minimum six months. So if you're in and out within six months, you're only paying, you know, about four months of interest. Oh, that's not bad. Yeah, it's not bad at all. Damn, I didn't know you could build a house that quick.

Starting point is 00:08:32 Oh, yeah, man. We built a house in 120 days. That is crazy. We're in and out, man. I see people working on their houses for years in Cali. Yeah. And see, I mean, it really just depends on the area, too, how your processes are working, materials, things like that like that contractors all of that

Starting point is 00:08:45 plays a part in it bro we've just become so efficient in what we do we build probably about 35 houses a year damn so you know how long does it take to find a buyer uh man it really just depends on the market man i remember before like we were selling houses like three hours what yeah we're selling house like three hours we list them. So the prime time to list the house is right before the weekend. So we list the house on like Thursday, Thursday night, Friday morning. We got a showing. Somebody comes, check it out, man. They putting in a contract Friday morning. So it's a matter of hours. That's insane. Yeah. So, you know, and right now sometimes it gets slower. Like right now you have an increase in interest rates. So it's still, it's kind of slow. But people are still buying houses right now. They just have to

Starting point is 00:09:29 adjust to the higher interest rates, man. But we were selling houses in three hours. Wow. That's crazy. So the interest rates kind of slowed down the business a bit. Yeah, absolutely, man. Cause because what happens is people have to adjust for higher payments with a higher interest rate. Right. And so if you, if you factor in, you know, the bills and all that type stuff that is going to take for you to make your payment, then sometimes that may need an adjustment. And right. So with higher interest rates, you have, you know, things that are higher. So once they adjust to that higher interest rate, then they're back looking for houses, man. And so we haven't had any problems selling houses. Nice. Did you build the house you live in right now?

Starting point is 00:10:08 The house that I'm building my house now, the current house that I live in is not a house that I built. The house that I'm going to live in is a 7,800 square foot house that I'm going to build myself. Let's go. Cool hot tub. Absolutely, man. We're everything. Two story closet, two kitchens. Damn, I love that. That's my goal one day, dude, for real. Yeah, absolutely, man. You have no idea, man. Building your own house saves you so much money. I bet. Yeah, it saves you so much money, man. My partner, he built his house, which is about 7,200 square feet. Wow.

Starting point is 00:10:38 And I think he saved probably about 300 grand. Holy crap. On building his own house. That's crazy i mean and um it appraised i think he built it for a little under a million or right at a million and it appraised for like 1.6 or something like that so i think more people should do that yeah and absolutely and so you know that's what we teach people like we teach people like there are different ways for you to benefit from having the skill of being a builder whether you you want to build for somebody else. Like we do what we call fee bills. That's 100% risk-free money, right?

Starting point is 00:11:11 Where say, for instance, you want a house built. Well, you don't know how to build a house, but I do. So you hire me to build a house, but you have all the financing already in place, which means you're coming to me just to use my skill to make sure your house gets built. So as a builder, all I have to do is make sure that I do what you paid me to do. And I charge you a certain fee. Well, that's 100% risk-free. My name isn't on the deed. It's not on any paperwork and it's not on your loan. So all I have to do is complete the job. Wow. That's a win-win too. It's a win-win, bro. Risk-free. I'm doing what I do every day, making it happen. And at the end of it, you're satisfied with your house. We got your house built. I get paid. We go our separate ways or you might hire me to do another one. Yeah. I

Starting point is 00:11:54 love that. Cause I've been house shopping for years, man. And there's always like one or two things I want to change. So I'm at the point now where I'd rather just build my own house. Listen, you had a point. You can build what you want. Yeah. I wonder if Nevada is one of those States. Yeah. I have a list, man. I'll shoot you that list, but yeah, man, it's, it's 12 of them, bro. And you'll be, you'll, yeah, you'll say big number one, but then you get to get what you want as well.

Starting point is 00:12:15 So you're in a position, you can build what you want. Hell yeah, bro. I need that backyard. Yeah, man. Anything. So yeah, that's how it works, man. So we have a few ways that, that people can benefit from learning

Starting point is 00:12:25 how to build you can be a fee builder uh what we call a spec builder we do a lot of uh affordable housing in texas um and so the housing market right now is such there's such a large shortage of houses bro we can build i can take 10 people bro we build 100 houses a piece we still won't catch up we're damn 3.2 million houses behind in the housing shortage. And there's a lot of people coming to the country right now. Absolutely. So think about this. D.R. Horton is the largest home builder in America, right? They built 83,000 houses last year, $32 billion worth of housing that they built last year as one company, right? The 240th builder on that list was 1% of what D.R. Horton made.

Starting point is 00:13:09 They made $32 million. Holy crap. And they're number 240th on that list. Wow. So you're about to be right in there. Absolutely. So at the end of the day, for me to be comfortable

Starting point is 00:13:20 or anybody to be comfortable in building houses, like you say, it goes back to, I only need to build two or building houses like you say it goes back to i only need to build two or three houses a year yeah right i i would take one percent of 32 million any day just to add some extra income it's three million yeah it's not bad at all man yeah absolutely bro so seems like building's probably the i want to say i don't know i don't know if safe is the right word but like with flipping there's just so many things you can't control you know what i mean yeah and see that's why i i used used to flip, right? So before I started

Starting point is 00:13:48 building or like kind of riding in that same range, I was doing a lot of fix and flips and I got into building because of those things like the unknowns, bro, we get into houses, we buy them sight unseen. Sometimes there's problems with the electrical. We didn't know we're there. Problems with the plumbing. We didn't know it was there with the plumbing we didn't know was there with building once i build it and i install it and i get a green tag which is the passing grade for your inspections i'm good to go i know my plumbing is good i know my electrical is good once i get that i'm good to go and so you know i it comes down to how efficient you are in making sure you build a quality product. Yeah.

Starting point is 00:14:27 And I love building, man, way, way more than I love flipping. Yeah, it just seems like you have more control, which I like. Absolutely. Absolutely, man. You would buy a new car before you buy a used car, right? Yeah. Are you interested in coming on the Digital Social Hour podcast as a guest? Well, click the application link below in the description of this video.

Starting point is 00:14:44 We are always looking for cool stories, cool entrepreneurs to talk to you about business and life. Click the application link below. And here's the episode, guys. Same thing with houses. People prefer a new house, less problems than they do an old house. No matter how great you fix it up, how good it looks, it's still the fact that it was 50 years old before you did that versus a house that's brand new absolutely so yeah man so you said you built 35 last year uh we built uh about 34 last year but we're on average about 34 35 a year right now we have 38 going up right damn so you're just planning on scaling that every year yeah so we um like i say man because we

Starting point is 00:15:22 we have a variety of ways that we build we we do custom builds, we do fee builds, we do spec builds, things like that, man. Our base for growing is large, right? So we, I mean, we have clients that come to us and want us to build four or five houses at a time. And then we also purchase land ourselves to build. So right now we're in the process of looking for 15 to 20 acres to do a subdivision. Wow. So that's going to be 100, 200 houses. That's crazy. What do you think of this subject to creative financing stuff going around? You know what?

Starting point is 00:15:54 That's crazy you ask that because that's one of my business models that I started to kind of lean toward this year. So the most popular method is the bill to rent method, but then you take that and turn it to a bill to owner finance method. And there's more benefits into building the owner finance than it is to building the rent, right? So give you an example. When I build a rent, I build a house, I convert that hard money to a long-term mortgage, and then I rent it out, right? But I'm still responsible for that house. So if anything breaks, the toilet, the sink, anything like that, I'm still responsible for making sure it gets fixed. With an owner finance, there's more benefits to it, number one, because once I convert out of that hard money loan, I'm in a long-term mortgage,

Starting point is 00:16:43 yes. But when my owner finance buyer comes, they have to pay me a 10% deposit. So when I, when I get out of my long-term mortgage, number one, I'm doing a cash out. So I might, uh, get, get some money out of refining out of that hard money loan. So I might pull say 30 or 40 grand out, right. Once I refi, right. But then once, um, I get that owner finance buyer, they're still required to pay me a 10% deposit. So right now I have a house on the market for about 270. Well, I cash out refi, I pull out about 12 grand, which is 12 grand I put in my pocket. Well, they're coming to pay me right now. I just heard this morning, our 10% is 27 grand. Well,

Starting point is 00:17:24 they're going to pay 35. wow so now i get 35 grand on top of the 12 that i took out on a cash out refi damn right their interest rate is nine percent and i'm a i'm a cash flow 720 a month holy crap so you made 47 grand up front and you're getting 700 bucks a month absolutely and i have no and i have no um i have no, and I have no, um, I have no responsibility because the house is theirs. When you own a finance, you're actually selling them a house as if you were buying it. They were buying it from a bank. So I am now the bank. So if a toilet breaks, they're responsible for fixing it. If a window breaks, they're responsible for fixing it. So I have no responsibility in the house at all. Yeah. That sounds way better than absolutely. There's nothing worse than those texts. So you

Starting point is 00:18:04 got to come over and fix it at two or three in the morning. Right. So, yeah, bro. So I'm moving my business model to the bill to owner finance. It's a much better model. No more customer service.

Starting point is 00:18:15 Absolutely, bro. That was always my least favorite part of any business I've been part of. Yeah. Customer service. Yeah. Yeah.

Starting point is 00:18:20 Because I'm more focused on just the marketing and getting more people. Yeah. You know, I mean, unless you got customer service like Chick-fil-A, bro. Or In-N-Out. Yeah. In-N-Out, man. I think, you know what, man? I think people are understanding that

Starting point is 00:18:34 customer service plays a big part in how your business succeeds. It's huge. And everybody's adopting that Chick-fil-A business model. Oh, yeah. I see people walking out those drive-thru lines all the time now. Absolutely. With the iPads and things, bro. That's the Chick-fil-A thing model. Oh, yeah. See people walking out those drive-thru lines all the time now. Absolutely, with the iPads and things, bro. That's the Chick-fil-A thing, bro. They changed the game. Yeah, they changed the game, man.

Starting point is 00:18:49 Yeah, they changed the game. Man, Chick-fil-A's fire. I just stopped eating it, though. Oh, yeah? Why? I'm just super healthy now, man. Oh, man, I wish, bro. They got seed oils in there. You see this?

Starting point is 00:18:58 You looking good, though. You 43. Oh, man, 43, man, and trying to keep it all together, bro. Yeah, you used to hoop, man. Yeah, I used to hoop. I get bucked and steal a little bit. Still? Yeah, a little bit. Next time you're out here, we'll and trying to keep it all together, bro. Yeah, you used to hoop, man. Yeah, I used to hoop. I get bucked and steal a little bit. Steal?

Starting point is 00:19:06 Yeah, a little bit, man. Next time you're out here, we'll go to Lifetime. All right, bro. Wait, are you here tomorrow? Yeah, we're here tomorrow. Oh, bring me tomorrow, bro. Yeah, we'll do Sunday. You got your ball shoes?

Starting point is 00:19:13 Man, I'll go pick up some. Yeah, yeah, tomorrow morning, I'll text you, man. Yeah, I'll pick some up, man. We're going to make it happen. Bring both you guys out there. There's some good runs. Yeah, we're going to make it happen, man. Oh, yeah.

Starting point is 00:19:20 What else you do in the spare time? Man, just really just trying to grow this company, man. Oh yeah. What else you do in the spare time? Uh, man, just, um, really just trying to grow this company, man. So, um, we have an educational platform where we teach people how to build houses, go from dirt to done from the ground up. So, um, that's really where my focus is now growing a company being that, um, I've scaled the home building company, right? So now it's time for me to pivot and change directions. And this educational platform is where it's at and where my focus is right now. I think that's a good move, man.

Starting point is 00:19:51 So, man, business is my spare time. Yeah. Focusing on business growth, man, creating generational wealth, like I mentioned before, and leaving a legacy for my kids, bro. That's where my focus is right now. I love that because you did the hard part of actually growing the business. like I mentioned before and leaving a legacy for my kids, bro. That's where my focus is right now. I love that because you did the hard part of actually growing the business. Some people try to teach first, which is like, dude, I could see through that at this point. You've done it. You built an eight-figure business. So that's awesome. And I think the learning side, you could scale that to nine figures. Absolutely. That's what Dave Ramsey did. Yeah. And that's what we're looking

Starting point is 00:20:21 at, man. It's about really putting all the pieces together, bro. So I like to equate success to like gumbo. Right. You eat gumbo? No, I've had it once. You had it? Yeah. Can you cook, man? Hell no. No. Hell no. I could never make that. If you really take a look at how gumbo is made, gumbo is created with the base first, right?

Starting point is 00:20:46 That's the foundation of your success. What is it that you're going to do to create this entire meal or this entire dish, right? But the base alone is not going to get you there, right? You need extra ingredients, right? You need to throw some sausage in there. You need to throw some shrimp in there, some crab legs, right? Some seasoning. That's what gets that full package together of making that meal what it is. Same thing with success, right? I have a base for where I want to go. But if I don't have the people in place or I don't have the systems in place, then my base is just the foundation, right? I can't really go anywhere. Yeah. So it's a matter of being able to put together all the pieces that you need to succeed.

Starting point is 00:21:28 And once you do that, bro, the sky's the limit for where you can go as long as you understand that some ingredients take longer to put together than others. Right. And so, man, that's my focus, bro. And that's where, you know, that's how I look at. I love it. Did you always have this mindset for success and money? Man, I've been hustling since I was like 16. And when I say hustle, man, I don't want to give you the wrong impression. Like not hustling, like street hustling, bro. But I was selling Snickers and Skittles at school at 15. I did that too, bro.

Starting point is 00:21:59 You know what I'm saying? From Costco? Like, yeah, bro. I'm selling chips and all of that stuff. So I've always had the mentality of an entrepreneur, knowing that I will own my own business, knowing that I will be a millionaire. My mindset has always been that since I was young. It's just a matter of you don't know what creating that mindset of I need to get better in whatever situation I'm in or I need to get better in this particular area to grow the business, man. I have to commend my team that has helped me get to this point, bro. Without those pieces, that extra ingredient to the gumbo, I wouldn't be sitting here with you, bro. I agree, man. It's easy to do six figures on your own. But to get to seven and eight, you need a team.

Starting point is 00:22:49 You need a team. You need a team. You need different ideas. Right. You can come up with your own ideas. But at the end of the day, if you don't have that that that group of people that you can bounce those ideas off of and they can be your devil's advocate at times and say nah bro i think we need to kind of look at it this way look at it that way then you you're stuck in a place where you think your ideas are the best ideas yeah and that that will hinder you a hundred percent bro that will keep you from making it a hundred percent absolutely yeah you can't have yes men around you oh absolutely not man i i man give a shout out to my guy, Anthony, man. He's not a yes man, right? But I know for sure he's the who to what we need to excel in this company, right? And so, man, we bounce ideas off each other a lot and we don't always agree.

Starting point is 00:23:37 But what we do agree on is the vision of where this company can go. And that's what keeps us motivated to get up at four in the morning to get us to Las Vegas, to be able to make sure that our brand we're standing, people talk about standing on business. We stand on our brand. I love that. And that's what we about. Yeah. I think that's why Gilbert Arenas podcast is doing so well, dude, because they don't all agree. Absolutely. They fight all the time, but it's like, all right, they're voicing their opinions. Absolutely. You don't see that often on podcasts. You know, because I think people, when they get in the mind state of wanting to be popular, they think that, like you said, you know, some things about controversy and being controversial. People are afraid to be controversial.

Starting point is 00:24:19 They're scared because the truth hurts people right like when you tell the truth about certain situations or you bring certain things to light people can't really handle what they they think they can handle right you get what i'm saying and so like you said with with um gilbert them man their podcast is so real and so authentic because they don't agree and they're speaking their truth based on how they feel and man you really have to um you really have to go into business like that too, right? His idea might not be the best idea and I can't be afraid to tell him that. My idea might not be the best idea

Starting point is 00:24:54 and he can't be afraid to tell me that. But if we come to some type of common ground, we get to where we are now. And that's what it's about. That's big. How do you find good partners? Because that took me years to find. Man, you ever heard of this book called, I think it's called The Who, Not How?

Starting point is 00:25:09 Or How, Not Who, man. Somebody told me this book, man, gave me this book as a recommendation. And it was really just a matter of understanding what I needed to look for, right? And that was the who, not the how. A lot of times in business, we look for the how am I going to get for. Right. And that was the who, not the how. A lot of times in business, we look for the how am I going to get to the next level? How am I going to make five million? How am I going to make 10 million? Instead, we need to be looking for the who is going to help me make five million. Who's going to help me make 10 million? Right. Because at the end of the day,

Starting point is 00:25:41 I can't be everything at all times. But if I have people in place who are extensions of myself, then now we create more. So to answer your question in short, I knew I needed a who, but I didn't know how I would get the who, right? So a mutual friend introduced me to who I mentioned earlier, Anthony, who is the president of my company. I knew what I needed, but I didn't know how to go about doing it. Right. And if and it turns out that I didn't really need a how I needed the who. And that's who that was. And that's how that came about. Nice. Since then, man, we've been able to grow and scale our mentorship program. Like currently right now, collectively, out of our first two mentorship programs, we have a little less than 20 million dollars of projects that are being built by our students.

Starting point is 00:26:35 Holy crap. Yeah. And that's in a year? In a year. Damn. In a year. So imagine in a few years from now. Yeah. And man, the next 12 to 18 months, man, we're trying to do 50 to 100 million projects. And we have, like I said, man, we have a collective of students right now that are building a little less than 20 million. That is crazy. One year, man. And we're talking about these aren't individuals who have been in real estate before. These are individuals.

Starting point is 00:27:01 Some of them have never experienced real estate before, never been in construction before, and they're already building duplexes. They're building six homes. They're building, you know, multi, you know, multi-unit projects right now. And it's just a matter of they needed the who, not trying to figure out the how am I going to do it. They just needed who and the who was me and my partner. I love that. I love the business model, because even if you can't find a buyer, you still have an asset.

Starting point is 00:27:29 Absolutely. It's not like you have nothing. Absolutely. And that's one of the most important things people don't understand. Once I own it, I own it. And as long as I take care of it and continue to own it, nobody can take it from me. So we have different parcels of land, man,

Starting point is 00:27:43 around our area that we own, where at any given time we can choose to establish that as a project. Right. That's income. That's money. So no matter what the market does, no matter how much interest rates go up, if we own it, we own it. And nobody can take it from us as long as we're maintaining it. Absolutely. And that's what gets us to the next level.

Starting point is 00:28:04 That's what keeps us relevant. That's what keeps our business growing. I love that. Where can people find your program and learn more about you, man? Oh man. Well, listen, um, we are on social media, real heavy. Uh, our IG is the T H E dot gentlemen builder with an A, uh, our Instagram, that's our Instagram. Our Facebook is the gentlemen builder. Uh, my, my page on Facebook is also our Dyson Collie. We have a YouTube channel, the gentleman builder, man. Everything is the gentleman builder, man. Everything is the gentleman builder. You got a trademark. Um, yeah, man, we, we, we already in the works and we already in the works. And then, um, to find out more about our programs, they can go to the gentleman builder dot com. And we have a 16 week mentorship program.

Starting point is 00:28:47 We also have an online course that goes through A to Z on how to build a house from the ground up anywhere in the US. What we're doing is we're teaching people how to build a house from a cell phone. Boom. Well, Lincoln, love. Thanks for coming on, man. Hey, man, I appreciate it. Can't wait to ball with you tomorrow.

Starting point is 00:29:01 Let's go, man. Let's do it. Let's get it. I'll see you guys next time. Peace.

Digital Social Hour - How I Turned $20K into a Million-Dollar Home Business | R Dyson Colley DSH #526

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