Epic Real Estate Investing - The American Dream Survival Guide Every Citizen Needs (invest better) | 1237

Episode Date: September 22, 2022

The American Dream is dead! President Trump said it back in 2015. After him, Bernie Sanders and many others said the same. But it’s not dead for everybody! It may be for those that play by the traditional financial rules, but many are still winning. Because they’re positioned to win. Listen to this episode and hear how to play by a very different set of rules which you can easily learn and apply. Are you ready? Let’s go! Learn more about your ad choices. Visit megaphone.fm/adchoices

This is Terio Media. The American Dream is dead. Trump said it back in 2015. He said, sadly, the American Dream is dead. That's what he said. The American Dream is dead. But before you get all excited, because I said the T word on the other side of the aisle, you got Bernie a year later. He said the American Dream has become a nightmare.

Then you got a bunch of people in the middle that agree, like Mark Rubio, Elizabeth Warren, Ray Dalio, a very diversified group all saying the same thing. It's dead, but it's not dead for everybody. It may be for those that play by the traditional financial rules, but many are still winning because they're positioned to win. They're playing by a very different set of rules of which you can easily play by too. They're thinking differently. And if you want to win, that's what you've got to do too. You got to think different and you got to position yourself different.

Here, I'll show you what I mean. You ready? Strap it. Welcome to the all-new, epic real estate investing show. The longest running real estate investing podcast on the internet. Your source for housing market updates, creative investing strategies, and everything else you need to retire early. Some audio may be pulled from our weekly videos and may require visual support. To get the full premium experience, check out Epic Real Estate's YouTube channel, EpicR-E-I.TV.

If you want to make money in real estate, sit tight and stay tuned. If you want to go far, share this with a friend. If you want to go fast, go to R-E-I-Ase.com. Here's Matt. The world is going berserk, and it's taking us out of our game. You know, the stock market is down, crypto is down, gold is down, we're in this recession, we've run out of houses for all the people we now got, and the mortgage rates are now up, unemployment is moving up,

death from alcohol, drugs, and suicide are up, and inflation is way up. It's a serious problem about what we got right now, and it's not going away anytime soon. So what should you do? Well, if you're taking advice from people that are on Twitter or watching TV all day, that's a recipe for disaster. You know that's true. So stop doing that.

I mean, we got problems that people don't have solutions for it. And if you're going to get through this, you're going to have to look at it all a little bit differently. You know, Elon Musk. Now, there's a different thinker. Do you realize that if you wanted to face one of his rockets to the moon and you were off just one degree, you'd miss the moon by 4,000 miles

and end up in another solar system? Do you know you as a person, if I change your direction just one degree over the next year, you can financially end up in another solar system? And that's all it takes. A one degree course correction to change your life. You know how much disaster that you could avoid with a small change like that? You know, a mentor of mine told me that.

And you need mentors on life because they ain't teaching what you need to know in school. I mean, because teachers can't teach what they don't know. My mentor showed me how money really works and some really cool things about it. And it led to some very cool things in life. And for the last 15 years or so, I've been showing people how to do things that are a little bit different. It's all about positioning yourself on the right side of things. and that one degree made a big difference. That's the positioning that I'm talking about.

Here, my son, Mateo, he's 11. Good kid. And I tell him, you know, when you grow up, you can do anything you want to do. And whatever you choose, you'll be great at it. Do you know what you say will come true? Yep. So I tell him things, the kind of things about money that'll change his life. You know, when I'm doing a real estate deal, I share the process with him.

And we make decisions together. And when it closes, we put a nice deposit in the bank and I give him the credit. I say, look what we did, son. Without you and your suggestions, we wouldn't have done. this. You're amazing. He just smiles. He's getting it more and more each day. I mean, he's like almost three decades ahead of me with his ideas around money. I mean, I was in my 40s before I learned anything close to what he's learning. You know, I took him out of school for a day last week, and we hopped on a plane and we flew to see his favorite baseball team play. Front row, six feet away from the

on deck circle. It was amazing. And you know what I noticed? People were all excited and going bananas at the game, but they don't get excited or go bananas for their own life. You see, players win. And fans watch. You've got to get in the game and position yourself the right way because the rules are changing. You know people right now that aren't worried about what's going on in the world. You know the people. And you're like, what are they doing that I'm not? Well, it's not that complicated as soon as you know how to position yourself. This country, it's falling off the deep end. People spending $69 million for a JPEG. Yeah, this guy Beeple makes these things. You heard him? He makes these things and people give him millions. Who are these people? And what are they smoking?

And then this guy just sold an invisible statue for $18,000. You hear about that? Then this guy, Hunter Biden, you heard him? Blowing paint through a straw and cashing in $500,000 a pop. There's some crazy people in this country, right? There's a hideous amount of money in the system right now. And this is what people are doing with it. No wonder the dream is turning into a nightmare.

And that company, Robin Hood, you heard of them? Locked up their investors' money and left them all hand. You need to take back control of your money and invest in better things. You know common sense ain't so common anymore. hasn't been for a while. I mean, it's no wonder we're in the crisis that we're in, and it's going to get worse. I mean, we've printed more money in the last two years than we did in all the years since George Washington was president combined. And then they go print $740 billion for the Inflation Reduction Act. How's that going to turn out? That's like fighting fire with

gasoline. We're living through some pretty bugged out times. And you know that's true. And you know there's only one way to survive this insanity, right? I mean, your dollar is on the way to being worthless. So if you're on a fixed income, you're toast. If you're an employee living on a single salary, you're toast too. But you listen to these fruits, nuts and flakes on TV, you're thinking everything's going to be all right. Until one day, you're going to wake up and your world is officially turned upside down and you're not going to have the slightest clue as to what there is to do. You've got to position yourself right. Here, check this out. I love this part. Real estate. It's created more wealth for more people than anything else. And it only multiplies people's

wealth during times like this when you're positioned right. You know, people say to me, but I don't want to be a landlord. Well, you don't have to be a landlord to start changing course and getting ahead in life. If that's all you know about real estate, hey, you've got a problem. This is serious. Most people are going to lose if they don't change course. Some are going to come out winners, though. But you got to get into the game. You got to get on the court. You got to think different. You got to play different. It's game time. This is the big leagues. Do you know that you can make money when the market is down? Most people don't know that. I mean, they think they do, but they don't know that. I know that because they're the people that are always asking, is this a good time to get into real estate? What they're telling me when

they ask that question is, they don't understand positioning. This country, it's a train wreck right now, and I've been around for a while, and I've seen some bad leadership, but nothing like we're witnessing right now. I don't know. Does that upset you? So what? What are you going to do about it? Hit the streets with a picket sign, send out a mean tweet, all while inflation taxes your bank account, sending you to the poor house. Buckle up. It's getting real out there. And inflation, it don't care about you. your feelings. You know, people get all broken up over what I say. You know, I was telling a group of people one time about Herbert White House. You know him? He invented the 401k. And 35 years after he did that, he had major concerns about what he started. You know, he took on this venture to fight the

corruption that was happening inside of pensions. And then he was thrown for a loop when he discovered the bigger beast that he created that swindles people out of their money. Yeah, talking about the 401k. Then the guy in the audience stands up and tells me, I don't know what I'm talking about. Like, he knew more about the 401k than the guy that created it. See, there's Herbert right there in the Wall Street Journal. The champions of the 401k lament the revolution they started. Turns out, nobody's getting rich with their 401k. Yeah, but I know a guy that's got a million dollars in his.

Yeah, I hear that all the time. First thing, if that's true, your buddy is an exception. Less than 1% of 401ks have a million dollars in them. If you want to gamble your future on being the exception, knock yourself out. But you've got better eyes as putting it all in on black. Always been on black. Second thing, what if you make it? How far is a million dollars going to get you before you're at Walmart filling out a job application?

People don't want to face reality. You know, Mark Twain said, it's easier to fool people than it is to convince them that they have been fooled. Yeah, you've been fooled. We've been fooled. Done. It happened. But are you willing to be unfooled? Mark Twain says you're not.

What do you say? Here's a story. At a smart dad, he had a master's degree in aerospace and mechanical engineering from USC. Now, I don't have a master's degree. Don't have a degree, period. My dad, he could read a book in four hours. It takes me four weeks. In fact, I got books that I've been working on for years.

But listen to this. This is huge. My dad worked 38 years and one day he did the math. And the numbers weren't adding up. He figured he was going to have to work 15 more years for the plan. His financial planner gave him 30 years earlier to pan out. Here's the thing about financial planners. Warren Buffett.

You know him, right? You know what he said about financial planners? He said, Wall Street is the only place that people ride to in a Rolls-Royce to get advice from those who take the subway. Like, you know what, I took that Rolls-Royce advice and did in four years what my dad couldn't do with his planners' advice in 40 years. Now, my dad ain't bad and I ain't special. I was just fortunate that somebody came along and taught me something different and changed my course in life by one degree. And now I do that for others. I'm a course corrector. That's what I do now. When you understand

what small corrections can do in your life, you can change your life, your parents' life, your siblings' life, your kid's life, you can make a difference. But I meet so many people that are sitting back complacent, satisfied. And the world's about to smack them upside their head. It's coming. You know what it is. It's happening right now, actually. But if you know how to do stuff, you ain't worried. Knowledge will set you free. And here's some good news. I just finished a new short book about what every American investor needs to read right now. It uncovers the full-proof way to reach financial freedom faster during a slowing economy that the people in charge they don't want you to know about. And there's a bunch more in it. And if you want a copy, I want to give you a free copy. And I'm not pulling that as long as you pay for the ship. trick either. Ain't that refreshing. You can go to epicfreedombook.com. That's the URL. You can get it there. But this is serious. You know there are loans out there that don't look at your credit score. They just look at what you know how to do. That's why you got to know how to do stuff. I showed Cody how to do some stuff. Here he is in 2017. He was just 24 years old when we met. And again, here he is in 2018. And he just sent this pick to me last month. Yeah, that's a million dollars. He's 29. And get this. There's no tax on that money. Legally, honestly, ethically. It's all about positioning. People got to know how to do things differently more than ever. And saving money or sending your money to a financial planner and hoping for the best, you're not going to make it. That world is gone. Eric Hoffer, you know him? He's a smart guy. And he said some really smart things. He said, in a world of change, the learners shall inherit the earth, while the learned shall find themselves perfectly suited for a world that no longer

exists. That world where saving money worked, it no longer exists, Buttercup, but it's pretty simple. You just got to reposition. It's all about knowing things and correcting your course. There's this guy I know. It's got a for job, five kids, wife homeschools them all. And he's the sole breadwinner in the house. He's following traditional advice, been doing it for a while, no debt, contributing to his 401k. And he just looked up one day and thought, you know, this has taken too long. And not exactly sure if this plan is going to work. And what's worse, he said to himself, I'm averaging less than a day a week with my family. And it's been two years since I've been able to take them camping. That's his favorite thing to do in his free time, by the way. Then one day, he started to think different. And in 12

month almost matched his corporate salary with passive income and increased his net worth by $500,000. And 12 months later more, he was doing so well on the side that that corporate job was costing him money. And then, after a long day of work, he came home late and shared this dilemma with his wife and asked what she thought he should do. She said, call Matt. Ask him, smart lady. And he didn't just call me. He got on a plane and he flew to me and asked me. You know, I've got more passive income than I earn in a salary at my day job, and I've got a healthy six figures in the bank. Do you think it's okay if I quit my job? That's what he asked me. You see, the system has got people so hypnotized into following this old antiquated path. They don't know what to do when they do succeed. I showed Ryan some things,

different things. He did the work. He deserves all the credit. All I did was just change his course one degree, and he took it from there. You know, if you live in the U.S. right now, you're up against a lot. Seven specific things that are threatening your American dream. And if you want to know what they are and the single action that you can take to just neutralize them all, get the book, Epicfreedombook.com. This is the book that every American investor needs to read right now. Epicfreedombook.com. And that wraps up the Epic Show. If you found this episode valuable, who else do you know that might too? There's a really good chance you know someone else who would. And when their name comes to mind,

please share it with them and ask them to click the subscribe button when they get here and I'll take great care of them. God loves you and so do I. Health, peace, blessings, and success to you I'm Matt Terrio, living the dream.