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So the big question is this, what would you do if money didn’t matter? So you had millions in your bank account, what would you focus on? Would you spend more time with your family, with your wife, with your kids? Take family vacations.
Would you pursue your gifts and talents and dreams? Serve your local community, teach others, serve your church. You see if what you would do if money didn’t matter, it was pursuing your gifts and talents and dreams to serve others, and that is probably what you should be doing.
The problem is most people are in the rat race, living five inches in front of their face with no time to pursue what they were born to do. That is the problem, and the solution is to develop enough passive income to replace your working income so you can quit your job and be free to live your life the way you were created to.
That is a solution and this podcast will show you how…
Ryan Enk: Hey, what’s up everybody? Welcome to another awesome episode of Cash Flow Dad life. I’m stoked for our guests that we have today. We have Mr. Bill Crane, he’s got years and years, decades and decades of real estate experience…
He’s a husband, father, mentor. He’s done just about everything there is to do in real estate, but today he’s going to share with us his knowledge, his expertise, and his wisdom on how to do live in house flipping, which is a pretty unique concept. But first, Bill, if you could tell us a little bit about your backstory.
Tell us a little bit how you got started in real estate…
Bill Crane : Absolutely. Ryan, thank you so much for him. Beyond in, I love your concept of… What did you call it? Dad’s in real estate or Cash Flow Dad Life…
Bill Crane : Oh, it’s so awesome because, I feel like why didn’t I think of that because that’s kind of the life I’ve been living forever.
You know, I got married young and can, we started a family and it’s been all about cash flow since because as you know, wow, it’s expensive to have a family, but it’s cheap or how I got started in real estate.
You know, I grew up a poor kid. I lived in an apartment, kind of a not so great apartment, but I had to walk to school about a mile or so. It was up hill both ways through three feet of snow and all that stuff.
My kids love that story, but I had to walk past these spectacular homes on the way to school and I always thought to myself, well, how come I have to live in the apartment and these people get to live in these amazing homes…
Bill Crane : So I was always fascinated by real estate as a kid. And then I was lucky enough to grow up kind of at the beginning of the information age where people like Dave del Dotto and Carlton Sheets running infomercials about how to get rich in real estate in buying these beautiful homes for no money down.
And I thought to myself, well, I don’t have any money so I’m qualified. So um, it always fascinated about real estate, so you know, right out of high school I went to work for a builder and to learn everything I could about real estate and I learned, I learned both sides of it because there was the sales side and then there was the construction management side.
So I really learned both sides of the business and I was lucky in that my superintendent liked drinking and playing golf more than he liked actually managing the drums job site. So, so he leaves this 18 year old kid to run the project. So it’s kind of thrown to the wolves. But it was an awesome, awesome way to learn under fire.
Ryan Enk: Sometimes. That’s the best way. Just a trial by fire…
Bill Crane : Yeah, just throw you right to the wolves and those guys, all those contractors, they were definitely rules when it came to taking, taking orders from an 18 year old punk.
There was a lot of pushback, but you know it made a man out of me and it made me, it was part of what made me the person I am and I credit a lot of that to my mother because she started me selling it at five years old because we report and we needed the money, you know…
I just thought it was normal, but she had me door knocking, selling anything from buying cones, the candy bars, the newspapers, door to door. But uh, you wanted to talk today about the live in house flipping.
Ryan Enk: Yeah. So this is a, this is actually a pretty controversial topic and that’s why I wanted to talk to you about that today. You’ve got a lot of experience and a lot of different areas and of course you’re a real estate mentor, but this is a, this is one of the interesting things because I hear all the time, you know, Robert Kiyosaki says, well your own house is a liability.
And then you got other, you know, popular gurus out there like grant cardone and saying you don’t want, you want to, you want to live, uh, in a place that you rent and you want to rent the places that you own and that you need to be like this mover shaker, like shifty, and that your house is a liability.
And I completely disagree with that because there are so many advantages to owning your own home and what you can do with the equity inside that.
So what’s your take on it? What were the steps that you took in order to change your own house from being a liability to a tremendous asset?
Bill Crane : And I totally agree with you, Ryan and disagree wholeheartedly with Grant Cardone and also Robert Kiyosaki because I don’t believe that the home that you live in is an asset. I mean a liability. It is of course an asset, right?
Because first of all, for your home to be a liability means that you, you did it all wrong. You bought it wrong, uh, in, you know, in a lot of times that might be true. But his is, I’m sure you teach people and I do as well that when you buy the house, right, it is anything but a liability. It’s a huge asset.
You can make a ridiculous amount of money and in some cases I’ve even told people that real estate’s the only thing that I know of that you can overpay for and a few years make a killing on it.
And it just so true because, you know, besides the tax advantages and to me those are just a bonus.
Bill Crane : Like I’d never buy a piece of real estate because of the taxes. We haven’t just, you know, it comes down to is it going to cash flow, is it going to, am I gonna be able to force the appreciation?
So in other words, I’m going to buy it low and then I’m going to do some repairs to it and then sell it as high as I possibly can anywhere from two to five years later, uh, using the model that I use. So what the living house flipping is in.
Really what I do is I show people how they can make that big money, that big investor type money without having to flip 10, 20, 30. I’ve even heard of people flipping 100 homes a month and I have no idea why they would want to do that.
Bill Crane :It’s so much work and these people are mostly wholesaling it now. Maybe it’s just because I’m a licensed realtor and a broker, but to me I think wholesaling is kind of on the edge of potentially illegal because what people are doing is they’re finding a buyer and a seller to putting them together. Right.
And at least in my state that’s called practicing real estate without a license. So, uh, I personally would never want to go there. That’s, that’s, that’s a real estate broker in you that. So I mean, I just know how tough the state of Illinois is on people and I’ve heard of people getting in trouble for that because it is a fine line, you know, and when do you cross over it?
But would I like to show people how to do because someone showed me or I learned it. I don’t even know how I came across this, but I’m surprised how many people don’t know that you can actually cash out of your house 100 percent tax free if you live in it for two years or more.
Bill Crane : So two years out of the last five, you mean cash out on 100 percent of your equity cash out on 100 percent of your profit, so your equity may or may not be all of your profit and then up to a certain level. So for example, $250,000 if you’re single or $500,000 if you’re married and filing jointly.
So now most people aren’t probably going to be profiting half a million dollars, you know, unless they’re in certain markets like maybe Manhattan or southern California, but the vast majority of the country definitely has the ability to make more flipping one house every two to four years.
Then they do at their job. I mean it’s really not hard to make anywhere from $20,000 to $100,000 in a four year spread. If you buy the house properly in the right area. That needs certain types of improvements and then you can maximize that equity.
Bill Crane : So what I actually show people how to do, because the rule is two out of the last five is to buy a home and then anywhere from two to three years later you sell the home or rent it.
Would I like to do is rent it out for another two years and then cash flow even more so some of that depends on what the market might be doing at the time. So like for example, if the market is still going up, then definitely want to rent the property so that they can gain even more appreciation over the next two years. And I can collect those rents.
Yes, I’ll have to pay some income tax on the rent, but I can cash out of it tax free once that is done. Now there is some things in Congress that they’re trying to change it, but I kinda don’t think they will because that is really important to millions and millions of people and it could really help so many more.
Bill Crane : I think accumulate wealth because what I see happening in our country and and being in the real estate business in particular, working with banks because I’m a foreclosure or reo brokers as well.
I really see an agenda out there that they want renter nation and and the reason they want renter nation is because when people are renting, they don’t accumulate wealth and that is ultimately why I disagree with people like Robert Kiyosaki and grant cardone because I see that they have their own agenda.
You know, and it’d be awesome if Robert and grant would come on a show in the future and all four of us could debate the subject. But you know what?
Yeah. If you can afford a $20,000,000 penthouse in Miami beach and you have half a billion dollars worth of assets under management, then go rent whatever the heck you want. But. But for the normal average everyday people, there’s no other way I know of passively to generate that kind of income.
You can’t do it in the stock market and for a lot of reasons. For one thing, who in the stock market is going to lend you anywhere from 100,000 to three, four or $500,000, let you accumulate interest on it and then cash out on it tax free after two years it doesn’t exist.
Ryan Enk: You know, one of the, one of the main benefits of starting off buying your own house is if you were to just go and buy investment property, you’re just going to go the traditional way and get bank lending.
You’re looking at say the interest rate is at five point five percent for an investor is going to be at six point five percent. You know it’s going to be a point higher because it’s investment property.
Well, what if you bought that house and it was years and then when you go and rent it out, you’re at five point five percent for the next 28 years instead of six point five percent. You know, that’s just one of the small benefits is like you were saying, you bought it and then you moved out and then you rented it out.
So you’re making, you know, I remember when I first got started, uh, you know, the house I bought was at a low interest rate and it was like $800 a month where the rentals in the area were $1,200, $1,500 a month.
My question is, why in the world would I pay $1,200 a month and $1,500 a month, only to two years from now, have to do that all over again and not have the opportunity to buy something low with a low interest rate and have the ability to cash flow on it?
Bill Crane : Yeah. Well I remember those good old days. I remember my first mortgage was like $380. Wow. And uh, and the taxes back then were lower than my mortgage, whereas like right now, my just, my taxes is 1200 bucks a month. I’m getting this crazy with what’s happened in taxes, especially in the last 10 years or so.
Ryan Enk: So tell us about the model. We’ve got that first part. So you buy the first house, um, and we in, in that first house, you live in it for two years and you fix it up. So one of the mistakes you mentioned is it a house becomes a liability if you buy it wrong, you know, explain to the listeners the difference between buying something right and buying something wrong. What are the factors that would go into that?
Bill Crane : Well, for me, everything’s an investment, so like I’m not buying a home just to live in. I’m looking at it from an investment perspective.
So what does the house need right now and what is the potential after repaired value and how much is it going to cost to repair that property?
You know, right now if I hired a bunch of contractors and then also what do I think I can repair it for over the next couple of years as I’m living in it, what need to be done right away before I’m going to go ahead and move into it.
Ryan Enk: So you’re not going after. I’m like speculative deals. You’re not buying something like, Hey, this is in prime condition and it’s a perfect house and there was no repairs they’re needed and in two years maybe the market will go up.
You’re not banking on the market going up, you’re buying it low now in banking on your renovation price has given you you equity.
Bill Crane : Absolutely. There’s very, very little speculation involved. Now obviously if something happens like what happened 10, 12 years ago and in Illinois we lost like 90 percent of value.
Well nobody can anticipate that, but even with that, the losses are minimized because for one thing, just like the stock market and real estate who loses money is it’s the people who could sell everything. If the market takes a huge dump in, in a, you can sustain it. Do you have renters paying the bills?
Then why would you move? And for me it’s different because I’ve gotten to the point where like I don’t have a more in the. And that’s really where I want to get everyone to. Because when you don’t have a mortgage, you know, I can’t even explain how empowering it is.
And, you know, maybe you have a mortgage and maybe you don’t, but uh, only people who don’t have a mortgage note what that feels like and it just, it takes this massive weight off your shoulders or removes the pressure.
You feel like you’re retired. You feel like there’s nobody that can take it away from you. Um, other than the tax man, if you don’t pay your taxes for some reason, but, but, you know, even me with the House I live in for 1200 bucks a month in taxes, it’s a pretty darn nice place to live for 1200 bucks a month.
So, um, you know, it’s, it’s a definitely a whole lot nicer than that first place I lived in for 400 bucks.
Ryan Enk: Yeah. So for so, for, are you buying it low, you’re fixing it up and for two years you’re fixing up and just making some improvements as you go. And then after two years you turn around and rent it out?
Bill Crane : Yeah. I turn around and rent it out for whatever the market will bear at that time.
Ryan Enk: The main reason, are you refinancing it at this point?
Bill Crane : I would only refinance it differ if the rates came down and if that made sense, but generally speaking I don’t because what it costs, the refinance a property usually is going to outweigh any game you might have in just a couple of years.
And so for me, I’m not holding, you know, for 30 years I’m, I’m holding just for the purposes of cashing out and I only want to keep the property if it’s going to cash flow nicely, you know, over the next x amount of years.
But the last few properties I’ve done, I didn’t even have a mortgage on them, you know, so you know, cash flows really, really well, you know. So if I’m renting a higher end home for anywhere from three to $4,000 a month in the taxes are a thousand bucks, well then that’s a pretty darn nice cash flow.
So that’s a great situation. But even on the entry homes around here, you’re talking 12 to $1,500 and so the taxes on that might be 500 bucks.
Bill Crane : If it’s paid for, you’re still got a really nice cashflow. And even if you do have a mortgage on it, you’re still going to be anywhere from two to 500 bucks a month cash flow depending on your interest rate and what your taxes are. And they also show people how to reduce their taxes.
Because one thing I’ve done every year is a for, Geez, probably at least 15 years. I didn’t get started right away because I didn’t know. I didn’t know that you could protest your taxes. I thought you just had to take it, you know, it was like sales tax when you buy something at the store. But it’s that.
So I protested all my taxes and all my properties and they show my clients how to do that every single year as well because the fact is you can.
So why wouldn’t you try to get your taxes as low as you possibly can because you know, if you can save $1,200 a year on taxes, well that’s 100 bucks a month. It makes a huge difference in terms of cash flow.
Ryan Enk: So after, after that two years you rented, a lot of people might say, well typically it takes you 20 percent to put down on another house. So how without cashing out on your equity on that house, how are you able to then turn around and buy another house?
Bill Crane : Well certainly not everyone can do it right away. So for example, if, let’s say you bought your first house for, you know, believe it or not, in my area, you can get a starter home for 100 grand and you stay there for a couple of years and maybe you got the minimum down, Fha three and a three and a half percent down and it only went up three and a half percent and that two years.
But in terms of the market appreciation, but you’ve actually forced the appreciation. It’s not hard to make that house to the point where it’s worth 100 and 2,030 840. So maybe now you’ve helped yourself get to the point where you don’t have to buy Fha.
So I always recommend to people always put at least 20 percent down. If you can, because paying private mortgage insurance, PMI, Pmi, uh, is substantial and it makes a giant difference in terms of your longterm cash flows.
Bill Crane : So, so a lot of times the first step is out of having to go fha. So they buy a house, they go on for three and a half percent down and now the next one that can put 20 percent down and in, sometimes they might be somewhere in between, but almost always they’re able to jump to that point.
Were they able to put 20 percent down and then the next one, you know, so maybe they sell that property and they don’t hold it. It really depends on, you know, they can do it either way, right? They could still keep that Fha property and then they could buy another one.
But, I like to see them jump out of that into a conventional loan because usually the terms are better. There’s less upfront you. So there’s that old pmi is, you know, but there’s Mip, which is another financed upfront mortgage premium.
So it makes a giant difference, uh, as soon as they can get into conventional financing and then from there it’s just a matter of doing it over and over until they can either hold a property or they can put more money down and have a lower mortgage that is not really a fixed system.
It’s what works best for you, for you, because the idea really is to be able to live a mortgage free. That’s really what it’s all about.
Ryan Enk: So basically the formula is, it doesn’t always have to include renting it, but it can include renting it. Exactly. And uh, if you’re doing that then you’re probably cash flowing a lot better than if you would just go and buy investment property.
But the formula is basically to buy houses that are of low value and then turning around and renovating them and the next two years while you live in it. And why that, why that two year mark? Is there a tax benefit to doing it?
Bill Crane : Yeah. The Irs, irs tax code says that if you’ve lived in your primary residence for at least two years, uh, then you can cash out tax free up to those limits of $250,000 if you’re single 500,000, if you’re married.
And I want to backtrack a little bit because the other cool thing about it is you could actually, let’s say you bought a house two years later, you rent that house two years later, you want to rent the first house, but you find this deal and you want to like kind of leapfrog into this other category.
You can actually sell both of those houses, cash out of both of them tax free, and then put all that equity that you gained from the first two purchases into the third and potentially help yourself get up into a new category.
You know, where maybe you’re putting 20 percent down instead of on 100,000 dollar house, now you’re putting 20 percent down on $300,000 dollars.
And because all these appreciation, uh, algorithms, if you want to call it that work on a percentage. So, right. Obviously if you’re making 20 percent on a $300,000 home, it’s a whole lot more than 20 percent on $100,000 home.
So it’s as fast as we can get people up the ladder, uh, you know, not only is it a better neighborhood, better schools, better house, everything else, but there’s a higher higher profit potential as well.
Ryan Enk: Absolutely. So walk us through your own case study. What, what, um, you know, from where you are now to your first house, how did that system work?
Bill Crane : It worked great. You know, my first house, like I said, I got married young, uh, you know, is dating this, this girl and uh, you know, we fell in love and we had a baby. So then we had to get married. It wasn’t like today where people have a baby and they don’t get married.
It was like, well that’s what you do. But it worked out great anyway because we’ve been together for, Geez, 26 or so years now. We actually measure. Thank you. So, you know, I married my high school sweetheart, so that was the most awesome thing about it. Some days we probably both wonder if, if that really was our sweet heart, but it’s mostly all good.
And uh, so yeah, you know, that first house that I bought was a property that I actually used the creative financing because what happened was like, I had no money, right.
Bill Crane : I was fresh out of high school. I had maybe a couple thousand dollars or whatever. So we did what now today would be called an 80 slash 20. So in other words, I, um, I got a 20 percent loan, but I also got a 20 percent loan on the back end and then her parents coast signed for us on that second.
So that way we actually got into it a no money down. So it was a conventional mortgage. That was your down payment was a second mortgage basically. Yeah.
So there were still some insurance involved, but it was, it was better than going Fha in and I didn’t know anything at the time. Um, I just happened to hook up with this real estate broker who is like, I mean, I thought he was 100 years old or something, but he was probably 50 who, you know, who knows, which I am almost now, um, but he just suggested that that was a better way to go because it would keep our payments lower.
Bill Crane : And my wife actually worked as a teller at the, uh, at the bank. So we went to a local bank called cargill savings, uh, and got our loan there.
So, um, it was good that we actually, you know, probably a stroke of luck that we had a real estate agent that actually knew something and it wasn’t just hungry for a commission, may have been hungry for a Christian to, but gave us some solid advice. So we took that financing route.
We bought our first house, uh, that was back in, like, who, let me see, like 90, I think it might have been 1990 or 91. And I’m trying to remember what the night pay. I think I paid 68,000, 68 or $70,000 for this little worth today.
That’s the sad thing, right? Um, see Illinois never really recovered from the crash. So although it’s worth more today, it’s probably double the value today.
Bill Crane : So like in other words today, it’s probably worth 140 grand, but if the peak of the market, that house was worth probably 2:40 a. So certain areas in the Chicago market are still down about 50 percent, which is good and bad depending on how you look at it because you can get a, you know, what would be.
I’ve seen homes that in southern California would be anywhere from three to $7,000,000 that here or maybe from three to $700,000, you know, so uh, spectacular homes, uh, for cheap and, and I live in one of those, you know, so, um, it’s awesome.
But yeah, so that house we lived in for a couple of years and, and I actually sold it for, I want to say $119,000. So. So that’s the sad part. Like, I sold it for 100, $19,000. This was before for even had my real estate license.
Bill Crane : I’m after just about between two and three years. So. So we made almost 50 grand, you know, less real estate commissions and stuff like that. Uh, and then we just went right into another house and actually the second house I actually built it because like I was working for a builder.
So I learned how to build houses. So in the meantime I had purchased a lot, built a house and we lived in that for two years and I can’t even calculate the money I made on it because I literally built it myself, right? Like almost all of it.
Like, I mean I had a carpenter come in and hang trusses and things like that, but I mean I did the plumbing, the electric, you know, the uh, everything, uh, so like, I made a crap ton of money on that house a couple of years later.
But the sad thing is those, that house that I sold for 1:19 back in 1993 or four, it might not be worth a whole lot more than that today.
Like maybe hundred 40, 150 would be real lucky. Um, so that’s why you always have to be careful. But like I said earlier, uh, when something’s going to come in and reduce the market by 50 percent like that, nobody can anticipate that.
And there’s ways to deal with that too if people get stuck. But like for me, for example, uh, for at least five years, everyone’s been saying the crash is coming, the crashes in the crash is coming in.
But I didn’t buy it because I’m looking at all these economic indicators when the stock market’s going to the moon, there’s no crash coming and you know, but, but now, right, it started the, it peaked already dipping a little bit.
Bill Crane : Now it’s doing this little roller coaster ride. So actually earlier this year I started selling things off and because I don’t know for sure, you know, I don’t have a crystal ball if the market’s going to crash. But it’s kind of looking like it’s possible, right? So I’d rather cash out now while I’m ahead because I’ve done it the other way before. I’ve waited until it’s for sure crashing, right?
And, uh, you know, that doesn’t work either. So. So I decided, well, I’m going to cash out, actually have a one more property right now that’s under contract that will be closing soon.
And then I’m just going to go start looking for more properties and depending on what happens in the political climate, see it doesn’t matter if the market doesn’t crash, I can find deals, you know, if the market does crash, I can find deal because what I always say is, you know, don’t be subject to the mark.
Bill Crane : So like I’m creating this movement called the real estate insider movement and it’s showing people how they can buy, sell and leverage property differently. I really want to change the way people buy and sell and leverage property because, uh, as a real estate insider, I’m never subject to the whims of the market.
You know, I subject to market to my will because I’ve learned not only how to follow market trends, but how to force appreciation on the property. Does that mean I could never make a mistake? Well, no, of course it doesn’t mean that, but sure. They just haven’t made one yet.
Ryan Enk: Yeah. Something about real estate is that you can be on the good side of any market fluctuation. Like right now, as the values are still maintaining their still higher, they’re still escalating slightly.
You’re deciding to cash out now. If it crashes, you probably wouldn’t cash out on those products. You probably hold them and cash flow on them with renters. Absolutely. That’s the beauty of real estate is that you can be on the upside of any market swing.
Bill Crane : On the other side of the thing is like I have, well not anymore. I have one left, but I’ve had more properties. Right, because you don’t have to cash out on every single one of them.
Right. Like at a certain point when your house was paid off and your bills are paid, you, you like me, might say, you know what? I don’t want to sell, I’m just going to build a portfolio of property.
And so that’s how I ended up with some of them. And some of them I just saw a property I already own one. It’s like, well why not buy it? I can cash flow on. So it really depends on a person’s comfort zone, right?
So if you’re comfortable being a landlord, you know, then you can have, you know, one rental if that’s all you want, are you going to have 100?
Bill Crane :It doesn’t make a difference. But the bottom line is this system can work whether you want to be a landlord or even if you don’t, then just sell every couple of years and keep on leveling up in a way that you can’t do at your job.
Because the beautiful thing about it is, you know, like, I don’t even know what the median income is in the United States, but I know it’s lower than they report, right? I mean like 48,000, something like that. So 48, 50,000.
So if every two years a person could make 40 or $50,000 tax free, that’s almost like making $100,000 if you had to pay the taxes. So it’s, it’s Kinda like you’re doubling your income and you’re not really doing anything because you have to have a place to live anyway. Right?
So it’s like you’re living for free, you’re doubling your income, you’re learning how to do things around the house…
Bill Crane : Which, I mean, for me, maybe not for me, maybe not for everyone, but it gives me a sense of pride. I can teach my kids how to do that. I just had my first granddaughter a someday maybe I’ll be teaching her or her husband how to do that.
The bottom line is like, for me, I always saw it is that way out of poverty, you know, because I grew up a poor kid, but my mom, God bless her, she had the best of intentions, but she really kind of screwed me up with some faulty programming. Right?
And I later in life realized it was because she cared about me and she didn’t want me to be disappointed, right. So she always taught me that I was born, nothing that I was never going to be anything. So just go to high school and then get a job.
Bill Crane : Like that was the programming. You’re not going to college, we can’t afford it. Uh, you’re probably not smart enough to get a scholarship. I think she was right about that, but, you know, so just, you know, get a job and do you know that that’s it. Stay there and get a pension.
But somehow I rejected that programming and I made the decision that I was going to get out of that life. And in real estate, real estate was the key that I saw that the even I could do because those guys like Dave del Dotto and Carlton Sheets told me that I could, um, and I saw no reason why I couldn’t.
And then, you know, 30 plus years later, I’m happy to be able to say it is absolutely possible for anyone to do. It really just comes down to putting the work in. That’s all there is to it.
Ryan Enk: That’s so awesome. Well, thank you so much for coming on the show. But I mean we’ve, I’ve gleaned a lot from this one and this is, is that strategy to live in strategy and how you can turn what Robert Kiyosaki and grant card don’t say is a liability into an asset if you do it right and to not think so one dimensionally about it, but really think, okay, well it’s like you said, it’s, it’s pretty much liability if you do everything wrong.
He didn’t know, but there are so many ways that you can do it. Right. And by the way, I really like grant cardone and Robert Kiyosaki. I just think that that advice is, is off mark.
Then also, you know, thank you for sharing your personal story with A. Yeah, you know, it, it’s, it’s so amazing how our programming affects our decisions.
Ryan Enk: But it’s also amazing how we’re able to break from that and how people can break the mold and especially, I’m sure you see all over facebook. I see, uh, you know, I’ve got ads out there educating people on real estate and there’s so many people that are just like, oh, it takes money to make money, or um, you know, this is, this is a scam because, you know, nothing in life is free and it’s just changing your mindset to say, okay, you’re right, nothing in life is free, but, um, but if I don’t have the resources, where do I go to find the resources? And so those people like Carlton sheets and Dave del Dotto, you know, really help train and mold a lot of people into thinking creatively on how to acquire assets.
Bill Crane : Yeah. And I agree with the fact like nothing’s free, but it doesn’t necessarily take money, right? There’s sweat equity and you know, that’s part of what you and I teach people how to do is how to go ahead and harvest that sweat equity, uh, so that they can actually do something.
Even if they don’t have money. And you know, God bless America, I don’t know, anywhere else you can do it…
Ryan Enk: Well, where can people go to get more information about you and about what you do and what you teach?
Bill Crane : Yeah. My website is https://www.billcrane.com/home, so that’s real simple. It’s just, you know crane is about the only thing. People sometimes screw up how to spell the last name and they’ll see a lot of stuff there.
They could follow me on facebook or instagram. It’s just bill crane now on instagram or twitter or facebook. You can just search for bill crane. There’s a few of us but I’m the best look and one’s just search for the good look and bill curry. Absolutely. Yeah.
And besides that, you know, do, do what Ryan in in it and Cassius filled with money just might fall out of this guy. I don’t know for sure, but say it definitely ain’t going to happen. Absolutely. Absolutely.
Ryan Enk: Thank you so much bill. I appreciate you coming on.
Bill Crane : Alright, thanks Ryan. Catch you later. Take care. Alright.
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