Wanna be a millionaire by this age. And then then I'm like, oh, wait. No. I think I can actually do it by this age. And then, oh, I did it, you know, well before I'm thirty, and I didn't even know was possible. When I started doing this, at that time, I only had 2 children. You know, my wife and I now are expecting our 5th child soon. You're pulling up babies as quick as you are, flips. I'm pretty contrarian in this entrepreneurial space that, like, I don't set goals. I don't track KPIs.
I don't like the idea of, hey. We have to 10 x everything all the time. If only we had known at 20, the power of of real estate. What's up, everybody? I'm Chaz Wolfe gathering the Kings podcast coming back to you here today. My brother, another king on the stage, a real estate king, Jason Villy. How we doing? Hey, man. Doing great. Happy to be here. How are you? You know, it's Thursday. How could I not be happy? How could I not be ready to roll? Right? Yes, sir.
We are here Chaz about a a really cool story that you've And and I loved how you actually used it. We were just off offline here, and you said it's come full circle. And so I I really wanna get to some of the details of how your story has come full circle. But before we do that, Jason, tell us what kind of business that you got. Yeah. So I have a house flipping business and up apartment rental portfolio. And, you've been doing this for, what, 25, 30 years, 50 years?
Like, how how long you've been in this game? Well, given that I'm only thirty myself, that might be impossible. So now I started, just over 4 years ago now. I wanna hit this home as my very first point. I usually ask about your why, and I will get to Chaz.
So don't don't think you're off the hook here, but I wanna know for four and a half years, and not only have you just done some flips and purchased a couple properties, but you've done very Wolfe, made great money, like, more than the average person by a long shot, and you've got a great apartment, little build up coming. So, like, four and a half years, that's really fast, in essence, is what I'm trying to say, but you're kinda presenting Chaz, like, I'm just here.
I'm I'm I'm I'm no different than anybody else. Like, what happened in the last 4 years, bro? Give me give me, like, the 2 second version. Absolutely. No. So my plan originally was I'm gonna keep working my day job in finance. And I'm gonna slowly save up a little money and buy 1 rental property the traditional way and to get rich slow way. And maybe when I'm retired, you know, I'll have 20 or 30 paid Wolfe rentals, and I'll be wealthy in retirement.
But then, a friend of a friend introduced me to a house flipper who introduced me to the bigger pockets real estate podcast and Then that's when I learned about things that we can get further into if you want, like, private money lenders and hard money lenders. And that's when a light bulb just clicked, and I was like, wait a minute.
I have no money, but you're telling me that as long as I can find good enough deals, somebody will give me all the money to be able to to buy it and renovate it and then resell it and make a lot of money using other people's money. I was like, okay. I could understand from the financial side why that would make sense. And Yeah. How their loan was collateralized by the property and all that. So I was just crazy enough to believe it.
And so then I did my first flip, and that was proof of concept for me and just kept going from there. Yeah. Well, so I know a little bit of detail about this first flip of yours. Your first flip went entirely different than my first flip. You you made $30. I lost $30. But we both kept flipping. Yeah. Am I am I am I just the crazy one of us too, I guess then? Maybe I because I did not have proof of concepts.
No. No. I I'll I'll tell you, I had a very similar story that my first right before I bought that first flip, was the month before is when I bought my first rental. And my first rental was a terrible deal Chaz I didn't know what I was doing. I did I had a horrible home inspector that missed everything. I had a contractor ripped me off for $16,000, and I ended up having to It was only, like, a $60,000 property. So the PITI payment was $350 a month, which I knew going into it worst case scenario.
If I had to, I could float that. And I had to. I had to float that, you know, vacant house for 2 years. Before I had money to renovate it and resell and basically break even after 2 years only because it appreciated 30 or $40 in that time. So Yeah. So I understand. I I just was very fortunate that I happen to come across my first flip so quickly before I found out how bad of a deal I had really bought on that first rental.
So for me, It was a good thing that that happened or else I may not have continued on after that first property that I bought. Yeah. I can relate to that. I think You know, I was already I had that first one took us so long to finish. But by the time I realized I lost so much money, I was already 6 flips in. You know? Wow. Or maybe even more than Chaz, maybe we use more like 10. I don't know.
But, luckily, we made some money on some other ones, and it kinda, you know, cover the mess, but holy moly. You you went fast, bro. What you're saying is that you thought you were just gonna dabble in real estate, but What I'm hearing you say is that you left your job. You didn't say that, but I'm hearing maybe you left your job, you're due at full time, and you're crushing it.
What was the the, like, pendulum swing there for you mentally and also that physically what happened during that time frame. Yeah. So I I've always loved the way that money works. You know, like, I was the kid in elementary school that I would buy a box of little Debbie Christmas tree cakes for 99¢ and then sell them for a dollar a piece and profit 4 bucks. And I would make 200, 250 bucks a week in, you know, elementary school. Yeah. And I I loved it.
I've always loved how money works, but I also knew that I am not the type of entrepreneur that loves the idea of a a gigantic business with a ton of employees and a bunch of overhead because that to me just equates to stress, and that just wasn't what I was personally after. And really after that first flip, I thought, okay. Maybe I'll do 1 or 2 of these a year here and there to supplement the day job income, and then I start looking for more.
And truth be told, It was a very long time between when I got that first flip finished. And when I found my second flip, it took a incredibly long time. So Even though my my growth, you know, total in the span of the 4 years or so looks very quick, Truth be told it's even faster than that because almost all of that growth really happened within the last 2 years. You know, it it was really more of that kind of hockey stick growth curve thing Chaz it it started out really, really slowly.
And then as I did 1 or 2 more flips after I got past about the 4th one, then I had more credibility locally. Then I was figuring out my marketing methods, how to find these good off market deals myself, I had more credibility with local wholesalers, which, you know, for Anyone listening doesn't know what a wholesaler is.
They find great off market deals, get the property under contract, and then assign that contract to somebody like myself for an assignment fee, basically a finder's fee, and that's how they make money. So Yeah. It started out kinda slow. And then as I started to do a couple more flips to get in a little bit more volume, That's when I started to realize what was possible. And all of my ideas of, oh, I I I wanna be a millionaire by you know, this age. And then then I'm like, oh, wait.
No. I think I can actually do it by this age. And then, oh, actually, I I did it, you know, well before I'm thirty, and I didn't even know that was possible. So Yeah. Also, when you talk about goal setting, that's another area that I struggle to even set goals with because I don't even know what's possible, truthfully. You know? So Yeah. I would say and forgive me if I'm if I'm rambling. I just get excited and love this stuff, but, you know, I when I started doing this.
At that time, I only had 2 children. You know, my wife and I now are expecting our 5th child soon. You're you're babies as quick as you are flips. Exactly. So I I had a responsibility in the the more kids we had, the less my wife worked who was a dental hygienist, so my income was slowly increasing at the day job, but only enough to continue to cover our bills, not enough to really do much more than that.
So my whole goal was let me continue to flip single family houses to drum up capital quickly and then take that capital and use it as down payments on the multifamily rentals until we had a big enough rental portfolio that the pure net passive rental income with property managers handling that side of it, until that net amount was enough to be able to cover all of our living expenses so that if by happenstance, there was a huge market collapse
and I wasn't able to flip any houses for 2 or 3 years. Neither one of us would have to go back and get another day job. We we'd be safe. And So that's a that's exactly what I did. I got to the point to where, we worked up to 60, rentals and, you know, apartments over 4 different properties.
And 2 of those I own myself, 2 of those I've got a partial partner in, And so by weighted ownership, I own 45 of those 60, and that's over $10 a month in net passive income, which is more than enough to cover the bills. And And you're free. That's exactly. That's when I felt comfortable to cut the cord on the day job. And, you know, I could've I could've done it way sooner and had way faster growth for sure, but Right. That wasn't my risk profile at the moment.
And so I I am happy to say that in April of, 2023, I quit my day after about three and a half years. Quit my day job and have been full time since and just having the time of my life. Yeah. I love it, man. You can see how it lights you up. I know you kind of apologized there, but, you know, it that that that's why we have you here on the show is to be able to to to talk about that passion and kinda the nitty gritty that led up to that.
You've done what, you know, seemingly everybody talks about on TikTok, you know. It's like, go do something, sales, a job, flip houses, some sort of active income, make money, don't be dumb and spend it. Right. You were living on your, you know, little bit of income plus your wife. Okay. Great.
And you took all of that from the flips and put it into, larger pieces of real estate as a as a long term hold that was more built for rather than active income, passive income, and you have a portfolio now that pays you no matter what. And and I I loved how right in there, I slipped you know, you're free and you're like, yeah. It's like, man, I don't think people realize that power of when whatever that nut is.
And I I actually love, you know, the Gary V's, the Brandon Turner's of the world who talk about freedom being not necessarily being a millionaire or whatever it's whatever that dollar amount is that that you like to live life at, have that covered by passive income. Like, if that's 2000, if that's 10,000, whatever the number is, you can do that with real estate, and it's really easy.
Now what it takes, though, is a period of time for you is three and a half years of focused effort, earning money, and then being diligent about how you were investing it so that it could allow future decisions. So most people get lost in Chaz. Whether it's 3 years or whether it's 30 years, talk to us about what you had in that phase. Like, I mean, it's discipline, but, like, the knowledge to go count on a work, earn, save, invest, then spend money. How did you learn that?
What can you give to the listeners right now if they're like, man, that sounds awesome, but, like, I don't know. Can I really do that? I do have a little bit of a background in finance. I went I went to school for finance, and I was a licensed financial adviser for a short time. And then moved on to work with institutional trust funds. So numbers is my jam.
And to me, one of the one of the not only was I after that that freedom, that, financial independence, but also I didn't wanna have to pay a whole lot of taxes because, you know, what we all say is it's not about how much you make. It's about how much you keep.
And why that's relevant in this case is because when you can buy expensive properties like apartment complexes, You can do cost segregation studies and take bonus depreciation and take an absurd amount of depreciation to show losses Chaz if you're full time real estate, you can then use to offset even your active house flipping income or even your spouse's w two income. You know, so you can make 7 figures net and pay 0 taxes all legally ethically because of what the IRS code incentivizes.
So between the tax benefits and, more so, the just wanting to reach financial independence. That's that's what was in my head. I just I don't like to be controlled. I don't like to, like you know, my wife is one that she likes so much structure She she loves scheduling everything to the second, loves calendars. I am the exact opposite. I hate that. I don't want a certain schedule. That's why, like, I'm pretty contrarian in this entrepreneurial space that, like, I don't set goals.
I don't have I don't track KPIs. I don't like the idea of, hey. We have to 10 x everything all the time. You know, if that's what you wanna do and you got the stress capacity for it, then great. That's awesome. But if that's not your goal, if you love what you do, Yes. If I had employees, I wouldn't wanna set KPIs to hold them accountable to make sure they're doing what they're supposed to do.
But for myself, I love what I'm doing so much Chaz I don't need accountability at this stage to go and do the work because I just truly love it. And if I got to the point where I needed to do it and I didn't love it, then, yeah, maybe I'd need a little accountability. But if I were to put that pressure on myself, for somebody like me that likes that freedom and that fluidity, it would feel like a job, or it would feel like homework.
And it would at least I'm assuming it could harm that fun relationship that I have with my business right now, and I don't ever wanna lose that. Yeah. There's there's freedom. The word freedom just keeps coming to my mind, not just financial freedom like you're talking freedom to just really have joy in what you're doing. And and what's that cliche statement? If you if you do what you love, you'll never work a day in your life or something like that.
It's like, It's cliche for a reason, number 1, and it's true. I think that actually, on the on the contrary to your contrarian comments, you do have goals, but your goals are freedom. And it's just a little bit more loose. It's not a certain dollar number. Well, it was, actually. I guess maybe it was a certain dollar number to get, you know, passive income to where you felt okay. And then now it's like, okay. Things are good. And and you're smart enough now.
What I'm hearing you say, is to recognize that you can't sit on your laurels and just chill. But that you know that you gotta keep growing because if, you know, kinda just the law of Nature is if you're either growing or dying, but you wanna love the growth, not be pressured into the growth is what I'm hearing you say. Exactly. I love the the the other outlook on that. What would you give to the listener who is like you? Who a lot of entrepreneurs are like you. Let's be honest.
And there's there's kinda 2 schools of thought. And I think both are fine. On the other side of that, I'm extremely disciplined. I love discipline. Probably a lot like your wife. You know, like, goals and setting targets and calendars and, like, there's 7 steps to everything. And I'm like, yes. And if I don't hit the and I gotta hit them in a row, you know, because it just it just feels so good. I could tell by how many calendar reminders I got about this podcast.
Hey. I gotta make sure you're here, man. K? Yes, sir. I had I had a guy. This is probably, like, a year and a half ago. Man, I would've thought I was meeting the president. I was like, well, I do value my time. Like, I'm the president. So Yes, sir. All that to say, there's somebody listening right now, probably most who are like you. They love the freedom of, like, don't put me in a box and just let me do my thing. What's the balance between, like, okay.
Maybe you haven't set targets or not putting pressure. But you did have to set some direction. You're not just like, maybe I'll, like, maybe I'll call some people today. Maybe I won't, like, I think there's probably a little bit more direction than you're leaning on to, but I love the fluidity. So talk to that guy who's like you that's kinda stuck between that balance. Right now.
Yeah. Absolutely. So I think Chaz, I I love that you said direction because I think that is a much more applicable term than than goal because when I think of goal, I think of a deadline. And deadlines are what I don't love. And, you know, I was always a procrastinator, you know, in school and everything else. But, you know, I would just say it you know, have have that general goal or direction without putting a a set deadline on yourself. If you don't function well, under that type.
Now I I've gotta be honest. I feel like it was really easy for me because I truly loved it. You know, if I if I were trying to reach financial independence doing something that I didn't love, then, yeah, I probably would have had to force myself to do certain tasks every day and schedule it and Right. And grind and maybe be a little unhappy for a little while. But for me, loving what I was doing. It it was really like, I I think maybe it's even a little bit primal, like, the thrill of the hunt.
That I would go out looking for things. And I I was also blessed that I had a w 2 at the time that was very flexible. So I had streamlined everything I could at the day job and passed off the daily tasks to the newer folks to where I was salary for you know, 48 hours. But on average, I only actually work, you know, 8 to 12 hours a week. So I had my normal day job hours that I was using a lot of to grow the real estate business.
So I would say, you know, Find time where you Chaz, whether you're fortunate to have a position that I had like that or if you have to grind it out in the evenings or the weekends or especially if you're single or not married and you've got all the time in the world, now's the time to do it because you're not gonna want it. Well, you may wanna do it, but your wife is not gonna want you to do it. In the evenings and weekends, I can promise you. Uh-huh.
So just set the figure out what you need to do to achieve the the goal where you wanna get, but maybe if it's not a good fit for you, don't put a certain expectation or deadline on it because You can't be disappointed if there's no expectation. Yeah. Yeah. There's that is a that that is one school thought and I love the of of ability that I can host, someone like you that has just such a different way of thinking about it than I do. This actually, it it it's a principle that I follow.
It's the mastermind principle Chaz, Napoleon Hill talks about and thinking grow rich. And it's it's the agitation of thought. And that's what hap that's what's literally happening right now is that Jason and I from a, like, process perspective couldn't be the more more opposite. But both of us are financially independent. We both have real estate. We've both done other things. Actually, you wanna know one other cool thing? Both of our wives are dental hygienists. Or used to be. Right? Oh, nice.
But my point here is Chaz, look, man, it there's multiple ways. The I I had a guy on the show that was, like, you know, the age of guru is dying, and the guru means, like, this is the way I did it. This is the way you should do it. Here are the 7 steps. And what what I loved about Chaz, that that piece is going away and dying is that guys like you and me right now can just go, hey. Here's how I did it. Here's how Jason did it. Do what works for you. Yep. Exactly.
Which is kinda, like, leans into the freedom that we both believe in, which every entrepreneur, I mean, if you are even thinking about selling debbie cakes or real estate or whatever, It's it's about freedom. It's about choice. So okay. Let's let's let's get into the nitty gritty. Let's go down low a little bit. Close to the ground, and I wanna know of a just really bad decision that you made. You had hockey stick growth, so it was a lot of success. But I'm sure there's been some sticky moments.
Tell us about something practical that you did, that you wish you hadn't have done, but it that you learned a bunch. Absolutely. Chaz The biggest easiest example is that very first property that I bought. I I went into it without the experience, and I didn't know enough at the time to if I were going back now doing that, I would have gotten with, a experienced investor and brought them with me to help me walk through it. And the numbers looked great on paper. I had that finance background.
But I didn't have any construction background. And, there was so much in that property that was wrong that you know, the kitchen cabinets look great on the outside. I didn't think to open the kitchen cabinets. They were disgusting, moldy rotting, Chaz the roof needed to be replaced and the seller, you know, told me that it was newer. And the there were termites eating up the floor joist in the house.
And I thought I was being safe covering that knowledge gap by hiring a home inspector But that's another big mistake that I made Chaz I went with the cut rate cheapest home inspector I could find who only charges a flat fee of $300 per house no matter how big the house is, and he missed all of those things as well. Chaz he found almost nothing on this house that was not even inhabitable.
And so I guess being being cheap was a big issue and not having knowledge on how to look at a property and Also, being too trusting with that first contractor that I tried because that that contractor was a referral from a different contractor who had worked with him before, who I knew was a good reputable, trustworthy guy. And so I thought if if I'm getting this referral from this guy Yeah. Surely he's gotta be somebody I can count on. That was not the case. Yeah. You know?
So when you're first starting anything, go and find a mentor, somebody that is specifically experienced in your industry and ask for their help. If you've got a If you've gotta provide value first, then do that. If you've gotta find them a deal or bring them something, or if you've gotta you know, if you tell them, hey. Will you come look at this property with me? But, you know, if if it's a good deal and I decide not to buy it, then I'll assign it to you for free.
I won't charge you an assignment fee or something like that if you have to. Some people will just be willing to help you with no expectation of anything in return anyway. Right. Some people won't, but regardless, whatever you have to do, Go find that help from somebody with experience to save you all of that unnecessary headache on the front end. Yeah. Yeah. I mean, the principle that you're talking about, I mean, I think everybody knows, like, they've heard.
If they're listening to this show, they've probably heard, get a mentor. But the ask, the way that you just broke down how to ask, AKA add value, don't be a guy that just asks for help. That Chaz that's good. It's okay to ask for help. That's not what I'm saying. But what Jason has just given you guys is the ability to ask through adding value. And, actually, I just did it yesterday on the show with Brad. I interviewed Bradley yesterday. You were asking me about it a few minutes ago.
And, so first off, I knew I already knew because I asked his staff what his favorite steakhouse was. And so I brought it up at the beginning of the show. Got it. Got his got his interest around his favorite, shop. And then at the end, I was like, hey, man. We're gonna be in your town. I he's he lives in two towns, but, like, hey. We're gonna be in one of your towns. The whole mastermind. And I'd love for you to come have dinner with us at that place that you just said that you love.
He was like, oh, man, you buying dinner? And so, like, he was you know, I mean, maybe he'll be able to come, hopefully, but but it was like, but immediately, I was followed it with, hey. Look like. I don't want it to be just coming to dinner. Of course, I pay for it, but, like, know you probably have, like, a per hour rate. I'm happy to pay it. Like, you know, just you just lead with, I'm not trying to get anything other than I am. But I'm trying to give first. Like, so give. Right.
And it's okay to ask, but make sure it's it's led with maybe even a couple of gives. You gave a couple examples there of give give. And, you know, if you list a couple of influencers, I'm and in my head, I'm I can hear him going. Give give give give give then ask, you know, Right? Give a whole lot more at this point. Yes, sir. Well, okay. So let's flip the coin here. Let's talk about a good decision that you've made. And, again, I love how you broke down the principal.
I mean, because we've got guys that aren't in real estate listening, and so I wanna know of a principal that you've followed maybe or a good decision that you made that helped you win in real estate, but really it was, like, kind of, you know, superseding just the industry. What was that? Yeah. I mean, one of the obvious answers is just doing good ethical business. You know, there's a lot of There there is opportunity.
I think people I think people think that it happens a lot more than it actually does, but there is opportunity to take advantage of people In any industry, in real estate, it's no different. Oh, yeah. And you you do have the occasion where somebody an investor or a wholesaler goes into, you know, eighty nine year old great grandma and lies to her about what her house is worth. Yeah. And, you know, gets her to give up a unreasonable amount of equity just because they lied.
Yeah. And I I don't I don't ever do that. You know? I You know, just the other day, I got a a property under contract where I I told the lady she was sixty eight years old, and her husband was with her.
And She just inherited this house, and I told her, I said, look, I think your house, if you put a little money into it, is worth about 2.30, If you sell it exactly the way that it is because it's currently financeable, sell it on the market with the realtor, you could probably get at least 190 for it, I can only offer you the way that it is 1.40. I said, so even after paying realtor commissions and all that other stuff, if you
just list it as it is, doing no work to it, you're probably gonna walk away with $30,000 to $40,000 net more than what you will by going with me. But on the flip side if you don't want the headache of dealing with realtors and show wanes and home inspections and renegotiations and taking more time and headache, then I'll I'll be your easiest guaranteed option. No doubt. It's just up to you, which is more important, your time, and your your sanity or more money.
And everybody has a different answer and different reasons why one takes priority of the other. And sure enough, she ended up saying, yeah, I don't wanna deal with all that other stuff, I'd rather just sell it to you at the 1 40 and move on. And I got it under contract. And and people that aren't in this space that don't do a whole lot of business, are shocked by stories like that. And I'm just like, what what do you expect? Do you think I'm just out here lying to people and stealing money?
Like, no. I am providing this easy solution for people. It's you know, I heard an analogy the other day if, you know, it's I'm I'm the equivalent in the real estate space at of the car dealership. You know, you know, if you take your car to a car dealership to sell it, You're gonna get hit on the price pretty hard. You're gonna have to take a cut, but they're gonna be the easiest solution ever. Yeah. To get it sold, do the paperwork, stress free, but don't most cars get sold back to dealerships?
Yep. Absolutely. Yep. You know, you've gotta look at those options. So but, yeah, to answer your questions, I say, you know, ethic business, but also generosity. You know, my I live by, you know, I I I'm a I'm a man of faith, and one of my favorite verses of the Bible is Second Corinthians 911, and it says something to the extent of you will be enriched so that you can be generous on every occasion so that your generosity will result in Thanksgiving to god.
And I try every day to get closer and closer to that to where I can be generous on every occasion. And I'm not there yet, but I I'm constantly reminding myself and asking myself, like, Hey. Were you generous on every occasion today? Did you give money to every homeless guy on the side of the road that you stopped by? Did you tip your wait waitress extra every time you ate, you know, this week.
Like, no. Maybe I just did normal or I wasn't generous, or I didn't give to maybe I had five bucks in my wallet and didn't give to that homeless guy because I had some preconceived bias about why I didn't want to and but that doesn't matter. And so I strive every day to become more and more generous. And the more I do that, whether it's financial generosity or just with knowledge, you know, sharing stuff like this with folks, the more it just comes back in droves.
It's just It it's undeniable how it just overflows back to you. Yeah. I couldn't agree more, man. The the the it's the law of reciprocity. It's reaping and sowing. Like, we we just keep going and going and all these great principles, biblical principles, but It reminds me of a time. I was, you know, years ago, in in sales, and I was not just good at the sales role. I was the guy, but, like, the gap between 1 and 2 was, like, very, very far.
And in that world, Usually, what winning meant is that you were stealing accounts, backstabbing, and I just really made it a mission to not only not be that, but be the opposite of that like you. And, you know, if we had an account dispute, I said, nope. It's not mine. It's yours. And they're like, well, you know, like and and my response that I got often to that was, well, you know, well, maybe maybe this is your I'm like, no. No. No. It's yours. Like, clearest day. Yours.
And, and on top of that, adding coaching, like, spending my time where I could have been making more deals coaching other people. And, what I found in that same example is what you just gave to the listeners is by by giving back or by sowing seed, I changed the narrative of what it meant to be a winner or to be the top producer And it wasn't because I took advantage of other people is because actually I was the guy helping everybody.
Like, literally, it was like, I didn't want anybody to have a negative thing ever. You know? You can't point at me and say I didn't help you, or that I stole an account or nothing, like, clean slate. And so I've I'm hearing the same, you know, you called integrity or or ethics, I mean. And and that's that's true. Can be done. You can be truthful. I remember being on the calls, like, This is exactly how the program works.
Like, being super truthful, and people are like, you give them all the details. Aren't you afraid? Like, it scares him away enough. Get the deal. I'm like, It's I get the Hey, Kings and Queens. Jazz Wolf. I wanna talk to you about something that's super important to me. We put a lot of time and effort. We, meaning myself and my team, into this podcast, into the content that goes out every single day.
And if you have been getting any sort of value or insight from this, we want it to be able to reach other business owners too. So we would love if you would like, comment, share, leave a review, post, share again, all of the things on social media, on all the different platforms, or even on the podcast mediums of Apple And Spotify. We would love to be able to get our content into more hands, more entrepreneurs so they can grow their business quick as possible.
Together, we are building a community of like minded entrepreneurs who are committed to growing their businesses to new heights. So let's do this. Let's help each other. Let's hope each other grow. I think a lot of people are just afraid. Right? So everything I heard that Jason just gave to you guys is he's holding things open handedly.
And you hold things open handedly because you think of an abundance or from him, it comes from a place of knowing who he is, who his creator is, because there's an abundance. There's way more houses out there even in your specific market that then you'll even be able to do yourself. So why fret? Yep. Absolutely. Give us a little end Chaz on that. Like, someone someone's like, go I'm like, oh my gosh. This is so good, but, like, what do I how do I implement this?
What would you say to the that guy listed right now? Implement what specifically? This ethics, open handedness, mindset of abundance, like, operating, like, we're talking about operating. Yeah. Yeah. No. That's a great question.
And I can say when I first started flipping houses, when I first got into it, I didn't have that abundance mindset because of my own ignorance of of what was possible because all I had seen is everybody fighting for deals and the competition and everybody still to this day complaining about not being able to find any deals and You know, I've seen people go behind somebody's back to a seller after the other person already had it under contract and try to
snake deals from people and, you know, especially in a town like this, you you can't staying business long with the reputation like Chaz. But, you know, I I've learned over time Chaz, like you said, there is an abundance of opportunity, which is why it's So once you experience that or realize that or somebody teaches you that, you don't have to worry about being competitive or or, uptight or holding in all your secrets.
Like, there is very, very little that I will not share with Other people in this space, even in my own market, there's very, very little that I will not share with them or help them out with because I don't see it as competition because I see it as there's plenty to go around. For all of us.
So I would just say if you're if you're starting out, you're newer, you haven't experienced a lot of deal flow in whatever your business is yet, Just know that it is there and there is an abundance even if you haven't seen it yet and try to develop that abundance mindset before you've experienced it, and it will it will help you grow a lot sooner than I've started growing. Yeah. It's good stuff, man.
I wanna transition here because you you opened up the show by saying that your story has come full circle you, recently. And you mentioned that you got started in real estate by listening first to deeper pockets, and you were just on deeper pockets last month. So, a, how was that? And then, b, like, like, you're saying, like, it's a full circle. Like, you started that way, and now you got to be on the show. Like, bro. Tell us about it. Yeah, man. It was it was such an honor.
So it it's it's bigger pockets, by the way, not deeper pockets. But Yeah. Thank you. I for whatever reason, I keep saying that. Still make the same mistake myself, but Hey. We need to use your pockets. That's why I it's it's I'm manifesting it. Okay? Exactly. That's right. So so bigger pockets is the largest real estate That's right. Podcast in in the world, I believe. And they're often ranked, like, within the top 5 of all business podcasts in the country.
And, you know, it is It when I was under contract to buy that first rental property Chaz was that bad deal is whenever I was introduced to somebody at a friend's wedding, that had flipped, about 8 or 10 houses. And I told him I was buying that rent. So he was like, he was real excited for me. He's like, oh, that's great. You're getting into it. You should check out the bigger pockets podcast. And I was like, okay. Cool. And I and I did.
And that one thing, that one little introduction to that podcast from that guy who I don't even remember his name anymore. I have no idea who he is now. Change the trajectory of my entire family's lineages. For forever. And, you know, so I started listening to Chaz, and that's what introduced me to things like, you know, hard money lenders and private lenders and I'm like, wait a minute.
You mean you mean to tell me I have no money, but you mean to tell me if I just find a good enough deal, somebody will fund a 100% of the purchase and the rehab and then I can just get it done and then sell it and I get to keep all the profit. Yeah. And that clicks with me. And, then I just started doing it.
And so then to to have the honor to actually get on that podcast and and share my story and share a story about a, you know, we did a deal deep dive on a particular deal that I got to mention to that I know is Chaz just grade a bigger pockets type story that was exactly like what inspired me when I was listening. It it was so cool.
And and since then to get the feedback from people that have been reaching out or commenting on the different platforms in stuff and to hear some of the stuff about how much people loved it or were inspired by it and things like that. It it it's it's just been really cool. It was such an honor. Yeah. I all I can think is King Mode, you know, just just I mean, for real, congratulations, man. To do it in such a short time too.
I know that's not always the goal, but, I just I just really think it's super encouraging for anybody even listening to this show, let alone you know, if they were listening to bigger pockets, but, yeah, they're listening today going, man, and it's such a short time. Not only did he just grow a great business where he has made amazing, money and now changed the trajectory of active to passive income. But for generations, though, is what you're saying. Like, this is big. You in 4 years.
Changed everything. And And I'm just getting started. And you're just getting started. But but loosely, because we we we don't need boxes and we don't need goals. Yeah, I like to call because people ask me, what are my goals on, like, scaling it all that all the time? And Yeah. I said, you know, my my main goal is fun growth. And and I'm still scaling pretty fairly rapidly, but it's still incredibly fun to me. So as long as as long as that growth stays fun, I'll I'll keep growing.
Yeah. It your mindset being so different. It it makes me think of Alex Ramosi. I'm not sure if you follow him at all, but he comes into the entrepreneur scene and goes, you know what? All you guys getting up at 4 AM and cold plunging and, like, that doesn't matter. You know? Warren Buffet, Eats McDonald's, and drinks Coke multiple times a week. You know? Sorry. It doesn't that's not the equation. You know?
And I think for for, some of us that that really get fired up by those things, it's part of the equation. But the equation is is subjective. It's it's it's individual. You know? So, I just appreciate you sharing your equation. I got one last question here for you. Jason, I wanna know if you had the opportunity. Like you said, you're you're accomplished quite a bit even, before 30, but If you could roll back the clock to the younger, Jason, you tap him on the shoulder, you whisper in his ear.
What do you tell him? Oh, man. That is Such a tough question. Out of fear of the butterfly effect, I probably wouldn't tell myself anything because I love my life and who I am now.
But if I were, telling somebody similar, you know, at a younger age, if I can reframe it that way, Obviously, the, you know, discussions of importance of, of faith and ethics and abundance, but of course, I would have to go back and and and tell myself or or this other younger person that of what's possible with with real estate investing. And, actually, now that I say that, it In a way, I kinda did that with my my first cousin in Ohio. He's only twenty years old.
And he came and spent a week with me and stayed at our house, and he shadowed me for a whole week Wow. And learned everything about my business And I gave him everything, all of my marketing methods, all of it. And he went out there and found his first deal in a week and then he actually bought it, used private money, flipped it, rehabbed it, and profited over $20 on his first flip. Chaz fast.
And now only a couple months later Chaz already flipped his second house and has it listed on the market for sale. And I'll tell you what, man. I I was so much more ecstatic and excited for his first deal Yeah. Than I was for, like, my last you know, 20 deals. Just being able to play a small part in somebody's story like Chaz, who prior to that new nothing about, real estate or how to do any of this.
Yeah. And to the fact that he latched onto it and really loves it and enjoys it too, So we share that mutual passion now. I'm just so stoked to see where he goes with it. So, That's that's interesting. I never really thought about that, but kind of in a way You did? There were kind of was a way for me to go backwards and do that just maybe not for myself. Yeah. I mean, congratulations to you, but to to be able to give that knowledge to him at 20, I was just with some kids yesterday.
I was teaching out, like, a homeschool collective thing. And teaching them cash flow quadrant and saving money to buy real estate or assets because it can be businesses as Wolfe. And then and then buying stuff, all the stuff that we just got them talking And, you know, so at the end, when you have a couple of eleven year olds and a couple thirteen year olds, to be able to kind of regurgitate what they heard.
And then, basically, it was like, I gotta make money so I can buy assets so then I can buy stuff. I don't don't spend my money before I buy the assets. And it's like, And you ask the parents, and you're like, how would life be different for you if you had been taught this at 11? You know? Right. And and they're they get to look over with their kids and be like, guys, like, this is real. You know? So, super cool to hear about that, about him in Ohio.
I think that that's just super incredible that not only you could give the knowledge, but now you guys get to run together. Right, and at 20, bro, like, if if only we had known at 20, the power of of real estate. I just so appreciate you. I know you don't have a lick to sell my audience, which I just absolutely love about you. But I do wanna give them the opportunity to network with you and connect with you. How can they find you online or What's the best place for them to to check you out?
Yeah, man. If you wanna stay up to date on what I'm doing, you can find me on Instagram. It's just my name at Jason Veely. You can find me on LinkedIn, although I'm not real active there, or if you are potentially interested in being a private lender of any sort on any of the the flips that I'm doing, or if you wanna get on a list of potential Equity investors, if I come across a bigger deal that I need equity partners on, always happy to to chat.
You can go to JV with jv.com and submit your info, and, we'll connect. I love it. JV with JV. We'll put it all in the show notes for you. I I just I so love your story. Congratulations. You, are doing cool things for your and for generations that don't even exist yet. So I'm proud of you. And I'm happy to know you. Thanks for being here, man. Blessings to your family. Blessings to, your teams out there flipping houses this year.
And the people that you're teaching, whether it be on podcasts or in person, just thank you so much for spending your time with us. Thanks, man. Same to you. I appreciate it. Thank you for listening to Gathering the Kings today. I hope that you were able to pull out a few nuggets to go apply into your business right away.
More importantly, though, I hope that you're realizing that it takes more to be successful than just being by yourself doing it all on your own, carrying the weight all by yourself. What I have realized, not only in my own journey from multiple businesses and multiple different industries, and now interviewing over 2 or 300 other very successful 7, 8, and 9 figure business owners is that it's tough to do it alone. And so gathering the Kings exists to bring together successful entrepreneurs.
In fact, we are putting together 1000 Keynes specifically who are family and communities, and here's what we believe Chaz in the pursuit of excellence in those areas, that it ignites within us the responsibility to govern power and forge a lasting legacy. So if that relates and and resonates with you and you know that you need people around you, sharp qualified other very successful business owners. I want you to go to gathering the king's dot com.
I want you to take a look at what we're doing and see if it makes sense for you be part of our pursuit to 1000 kings. Talk soon.