In this episode of the Freshman Podcast, we talk about Bitcoin, crypto-dividend, and much more! Recorded in Los Angeles, CA! Bitcoin and Ethereum hit new all-time highs on Thursday, and the crypto-currencies are hitting new highs on Friday. Bitcoin hit a new high of $90,000 on Thursday and BTC hit $91,000 yesterday. We talk about how Bitcoin and other cryptocurrencies have hit new records and what it means for the future of the space and the economy. We also talk about the halving of the Bitcoin price and why it's going to continue to go higher and higher! If you like the show, please HIT SUBSCRIBE and become a Patron! You get 20% off the first month with the discount code: "FMCCASH" at checkout. CHECK OUT OUR FACEBOOK GROUP AND DISCORD CHAT SERVER! CHAT WITH ME AND OTHER CHAT FRIENDS AND BUY BTC AND OTHER SECURED SECURITY MONEY AND OTHER MUTUAL GOODIE MONEY MACHINERY MONEY! CHECK US OUT HERE! BTC: BTC: $10,000,000? Ethereum: $3.3K? Bitcoin: $90.00? CHEESE: $11,000 or $3,400? I don't know what's going on with BTC? We'll tell you what we think about BTC and we'll talk about it in the next episode! We also have a call with David Amari on Tuesday, 7 PM EST. . We are giving you guys a chance to join in on the call! Crypto: $5,000/day, $20, $50,000 and $100,000.00, $15,000 + $25,000! Can't wait to see how much BTC is going to go up? BTC is a scam? we'll see what we can do with BTC and more?? Can you make it? Let us know what you think of BTC and Bitcoin? ? I'll send you guys send us your BTC podcast! - BTC: - $10k? - BTC, $100k? - $20k, $200,000?! & much more? & more! - $5k? BTC: 3K, $10K? + $100?
00:06:52.000whether it's a credit episode or whatever, or a guest, But for the most part, I think the most effective way is for us to do a lot of these call-in shows.
00:07:02.000We're going to put the number up, which by the way is 515-605-9740.
00:07:39.000Also, guys, get into Cal's Club for completely free right now.
00:07:43.000All you gotta do is just put your email in there, make an account, and if we host a free Zoom call, we'll let you guys know and you guys can join in.
00:07:50.000I don't know if we have any scheduled for this week, but you guys should absolutely jump in there for absolutely free.
00:08:47.000There's no one else that provides the amount of value that we have on there when it comes to making money, getting girls, getting your shit together in general, not being a brokie.
00:08:54.000If you guys had listened to us, Bitcoin is at like almost $90,000, guys.
00:09:00.000If you guys got in Charlie and Miguel's chorus when we told y'all to, or bought Bitcoin when we told you guys to, you would be up right now so much.
00:09:47.000Okay, I see right here TSMix goes, mine, I was on the last call-in show and I asked you guys if I could put the $11,000 I had saved up into Bitcoin to pay debt.
00:13:24.000So I don't know if you're using bad service or you're talking to us on speaker, but try to get into an area where we can actually hear you, bro.
00:16:35.000The algorithm might just reject you automatically.
00:16:38.000Try to get it from somewhere from $600 to $1,000 because $300 ain't shit, bro.
00:16:41.000You need a bigger credit limit so that you can carry a larger balance so that way you're not always hitting 90% utilization for using it once.
00:16:48.000Also, a lot of you need to expand your credit.
00:16:50.000For example, you might need to expand to maybe a car you can afford, by the way, or maybe a cell phone.
00:16:56.000Whatever it is you can expand your credit with, you should do.
00:16:58.000Because a credit card alone won't put your score that high.
00:17:00.000You need more stuff to actually expand that credit score to a higher score.
00:17:03.000And once you hit 700, try to get some other cards, bro.
00:17:06.000The problem is, you know what you probably did?
00:17:07.000You probably put off more than you can chew.
00:17:09.000You probably applied for cards that need a 720 flexes, etc.
00:17:13.000If you want to get these actual good cards that are worth fucking having, it need to be 720 plus.
00:17:18.000So for you, you're in this awkward range where that's why you got declined.
00:17:22.000Because what probably happened was you applied for cards that give you benefits, $2 cash back, whatever it may be.
00:17:29.000These are cards that you need to have pretty good credit to get.
00:17:31.000So you need to go back, bro, and get some more basic cards.
00:17:34.000It might suck that you gotta carry some credit cards that don't give you intrinsic benefit from having them, but it's worth it so that you can pass that fucking 720 mark.
00:17:41.000Also, just out to your point, there's one fact that we forgot to mention.
00:17:45.000Whenever you have a credit request, Also, your income matters as well.
00:17:50.000So, back when I had my first card, like, I wanted a bigger Chase card.
00:17:53.000I couldn't get it because my income was so low compared to what the offer was.
00:21:27.000So, he's going to give you general sauce, but we give you the sauce particular for you.
00:21:31.000Your biggest thing, you've got to call Capital One, call them personally, get your credit limit increase.
00:21:37.000After you get your credit limit increase, try to get another card that's going to be a basic card that's easy to get so you can increase your overall credit that you have.
00:27:02.000Hey, I just want to let that other guy know too.
00:27:04.000I had like zero credit and I was making about 85 grand a year and I applied to Capital One.
00:27:10.000I got a venture card for 3% cash back.
00:27:14.000Sorry, that was actually my second card.
00:27:15.000The first one I got was the Capital One Saver one, and that one gives you 1.5% cash back.
00:27:21.000So you just got to go through a little bit of research, and like you guys always say, there's plenty of fucking cards out there that will pay you back.
00:27:28.000Yeah, the thing with him, bro, the thing with him is that his credit score is a little too low to get those cards.
00:28:25.000When I first started watching you, Myron, you said to purchase everything on a credit card, no matter what it is, and just get the credit going.
00:28:33.000Ever since I heard that advice from you, I literally buy every fucking thing in my life on a credit card that I can and just immediately pay it off.
00:28:56.000I heard a guy call in last week, and he was saying that he was from Detroit, and he voted for a bunch of other people, and because he was watching you guys, he voted for Trump.
00:29:04.000So I have a lot of black friends, and you guys have red-pilled all of them.
00:31:44.000Hey, so Myron, I've actually spoken to you before.
00:31:46.000It's Lester from On Point Politics, but I was actually just calling in because I wanted to ask something about your real estate portfolio.
00:31:54.000You know, I've been doing YouTube for a couple months now, since January, and I've gotten it up to about 60k subscribers, so I'm thinking of doing that.
00:32:10.000But what I was calling for was, so I started doing this in January, and I'm at about 60k now.
00:32:17.000And so what I was asking is, how did you start getting into real estate?
00:32:21.000Because, you know, I want to start now with Trump being elected and stuff like that, the economy is going to be a lot better to be doing stuff like this.
00:32:52.000I got it as an investor, but Fresh, what he did was he got his under the house hacking.
00:32:57.000So it depends on how much capital you have.
00:32:59.000If you have a lot of capital, I suggest you get it as an investor.
00:33:02.000If you don't, then you could go ahead and get it under the house hacking thing, which house hacking is basically where you get a 3.5% loan, You control the property, but you have to live in the property for a year.
00:33:14.000Now, if you're going to do this, I highly suggest you get a duplex or a triplex, because if you get a duplex or a triplex, you can have your tenants kind of- Pay down equity.
00:33:23.000Yeah, they'll help you bring up the equity, because they're going to be the ones paying your mortgage for you, and you're going to live essentially for free.
00:33:31.000The house hacking method, yeah, you could do it with a single family home, but it's not going to be as effective because you've got to pay that mortgage down yourself or you're going to have to go ahead and have tenants come in and you give them rooms.
00:33:40.000So I suggest if you're going to do a house hacking method, at least try to do it with a duplex.
00:33:44.000But you're here in Florida with us, so you already know that a duplex down here, you're going to need at least half a million dollars to get a fucking duplex in South Florida somewhere.
00:33:55.000So for you, you might need to go ahead and do the house acting method unless you got $100,000 to $200,000 that you're ready to invest as an investor.
00:34:03.000So those are the two methods you can go with, but it really depends on how much capital you have ready to put in.
00:35:07.000And I can have my opinions about everybody, but I want to hear from you.
00:35:12.000What is the baseline general relationship as to why you believe it's not in the best interest to – what's the whole thing behind this whole Israel thing with you not exactly approving of it?
00:35:25.000Again, I don't approve any foreign aid to any country.
00:35:28.000I think we need to cut all 4.8, period.
00:35:31.000But I wanted to kind of hear your opinion, because I respect you guys, and I think that your opinion in politics is very valuable.
00:35:38.000And so, what's your kind of stance on Israel and why you are against it right now?
00:35:44.000Okay, that's not really on topic with the show, but what I'll do is I'm going to give you a very abridged version of why I oppose.
00:35:54.000Foreign policy is one of the most important things.
00:35:56.000It's actually the number one reason why I voted in this election, because only the president really can dictate foreign policy, right?
00:36:02.000The Secretary of State is nothing more than an extension of the sitting president's foreign policy.
00:36:09.000And the other thing, too, is foreign policy dictates foreign conflicts, and foreign conflicts...
00:36:13.000Can't necessarily be staved off by yourself or your, you know, how much money you make, right?
00:36:17.000Like we could talk about inflation and how whether inflation is here or not, you know, if you make enough money, you won't really feel it, right?
00:36:22.000If the president's in or the president, no matter who's in office, if you're poor, you're going to be poor, right?
00:36:27.000It's on you to be successful and like get it out the mud.
00:36:29.000But the one thing that you can't control is if we're in the middle of a nuclear war, right?
00:36:32.000No matter how successful you are, like, you know, us being in a nuclear warfare is going to be a problem.
00:36:41.000I pay a lot of attention to geopolitics because I think foreign relations is something that's extremely important that not enough Americans pay attention to, right?
00:36:47.000Now, with that said, the reason why I dislike our aid for Israel is because we propped them up to be an instigator in the Middle East and potentially drag us into foreign conflicts that we don't necessarily need to be involved in, whether it's through Lebanon, Yemen, Iran, etc.
00:37:02.000Because Iran doesn't really want war with us.
00:37:04.000Because they know that we're the superpower.
00:37:06.000But what ends up happening is Our allies over there try to stimulate and antagonize a war.
00:37:12.000They've been doing it for several months now by assassinating world leaders, which I've talked about ad nauseum here on our Monday news shows.
00:37:21.000And I'm going to go into this in a little bit more detail, so stay tuned for tonight.
00:37:23.000But that's kind of a very abridged version why I oppose aid to Israel.
00:37:29.000Basically, this skate war is the Middle East that we don't need to be involved in, just like Iraq in 2003.
00:38:07.000I have some debt that I've acquired over the last year, I'd say, and a half.
00:38:12.000I just moved back from Houston, Texas, back to Cleveland, Ohio.
00:38:16.000I acquired about eight grand of credit card debt just from living outside my means, and this also goes to show that Guys, do not live with a woman because it will make you soft and you'll be in way more debt than you should be.
00:39:14.000Pay off the chase first, and then whatever I'm using to pay off the chase to roll it over into the Capital One to pay all that off, because I also have a car payment as well.
00:39:21.000But that has been an issue in my entire life.
00:39:25.000Yeah, which one has a higher interest rate?
00:41:03.000So I had a 790 when I was in Texas, and then when, obviously, with, like, acquiring all the debt, and my cards were basically maxed out from having to move back and traveling and everything, it tanked it down a lot.
00:41:40.000If I were in your shoes right now, right, this is what I would do.
00:41:43.000I'll pick up another job and make more money.
00:41:45.00055K, though you're in Ohio and that's not bad in Ohio, I would pick up another job and make more money, right?
00:41:51.000And the good thing is with a bartender, it's fairly flexible.
00:41:53.000You're probably working nights and weekends.
00:41:54.000So pick up another job that you could work during the day.
00:41:58.000Now, this is going to suck, bro, but you're going to have to grind and make as much money as you can because your number one objective is It's going to be to pay this debt off because this, you know, consumer debt on credit cards is absolutely going to fuck you up.
00:42:10.000And you can see, look, it's dragged your credit down over 100 points.
00:42:15.000Now, the other strategy you can employ, right, to kind of make this a little bit better is you can go ahead and get another credit card that has maybe like a zero intro APR for a bit, and you can roll that debt over.
00:42:26.000Now, there's certain credit cards that you can do this with.
00:42:28.000I would do some research and figure out which card, because I can't think of one off the top of my head that is specific for this situation.
00:42:36.000But you can absolutely go ahead and get another credit card.
00:42:39.000Your credit score sucks right now, so you're going to have to probably get one of these shittier credit cards.
00:42:42.000Well, if you go find one that will allow you to roll your debt over, which a lot of them do, and maybe have some kind of intro APR where you don't have to pay that balance, that will give you time to pay that money off.
00:42:53.000And bro, the next six months, you need to be literally dedicated and devoted to paying that debt off, because this credit card debt is going to eat you alive and fuck you up and keep you away from a lot of opportunities if you don't get this under control now.
00:43:08.000Because you're at this middle ground, right, where first it's like $3,000.
00:43:13.000Then it gets to once you break $10k, that's when shit can really start to spiral.
00:43:18.000And you're right there at that cusp, bro.
00:43:19.000If you don't fix this now, this is going to drag on for years, bro.
00:43:23.000Drag on for absolute years, and you're already probably starting to notice this.
00:43:26.000I just had Rocket Money actually just showed me a thing, because I used Rocket Money to do some budgeting, and it showed I paid over like $600 worth of interest, and that like woke me up, and then I saw you guys were having a call-in show, and I had to call and get some advice, just because I did not know where to go from here, because...
00:43:39.000The credit card companies, bro, they don't want us having this conversation with you and paying the debt off, because they actually make money on interest the longer you sit there.
00:43:45.000They want you to hold that balance, so they can just fucking collect interest, and you're not paying down your principal.
00:46:02.000I want you to call in in 90 days and you tell me I'm debt-free.
00:46:05.000I'm the bartender that I used to work at Alpha Land.
00:46:09.000So how much money would you say, once everything's paid off, how much money would you say Should you have to be able to move out comfortably into an apartment or buying your first house?
00:46:22.000You need one year of whatever it would cost you to live.
00:46:25.000If you lost your income right now and you didn't have any money left, I would want you to not leave your parents' house until you have one year of savings.
00:47:18.000But if you don't fix this now, I promise you, you're going to be in debt into your fucking 30s because you're right at that fucking cusp right there, man.
00:47:25.000Once you have 10K in debt, it's just going to spiral out and you won't be able to control it no more.
00:48:30.000If you're watching on Cast Club, tip there.
00:48:33.000If you're watching on Rumble, Rumble Rant In, or FNFSuperChat.com, FNFSuperChat.com works for anybody, no matter how you're watching, whether you're watching on X or any of these platforms.
00:48:43.000But, you know, obviously on Castle Club and Rumble, it's a bit easier to just do it right there on the app.
00:48:49.000515-605-9740, guys, is the number to call.
00:48:52.000We got Carlos Valencia who put his full phone number in there.
00:51:09.000From A to Z. I would say, bro, is you plan three months in advance, if possible, have topics for each day, and do at least three times a week, at least.
00:51:18.000We used to do Monday, actually, we used to do every single day, seven days a week, at the very beginning.
00:51:22.000But, most people, you know, that's not actually going to be a thing for you.
00:51:26.000So, at least three times a week, you can plan out, maybe the Tuesday, Thursday, Saturday, or Monday, Wednesday, Friday, whatever works for you.
00:51:32.000You pick a topic for each day of that week.
00:51:36.000Now, Once that's done, and you start making videos, start doing clips as well.
00:51:41.000So you do clips and videos as well on that channel, and then when you hit, like, let's say you hit, like, 50 to 100k, make a second channel for clips only.
00:51:48.000Because you want to expand, once you get a fan base, to clips, because I feel like clips nowadays, bro, go further than any other videos because shorts and clips, or people digest mainly because right now, bro, Yeah,
00:52:17.000if you're gonna be a right-wing creator Understand that you're gonna get suppressed on YouTube, you're gonna get banned on TikTok, you're gonna get...
00:52:26.000Censorship is par for the course if you're right-wing, bro.
00:52:53.000I'm not banking on it is what I'm trying to tell you.
00:52:56.000I'm glad that Trump is in, but I'm not banking on people getting their channels back or getting re-monetized or any of that other stuff because it's tough, bro.
00:53:05.000Anytime you make content that's right-wing, you're always going to get suppressed by whether it's the mainstream platforms, bro.
00:53:13.000And then also, you're going to have to grind, bro, because a lot of people make that kind of content, so you're going to have to really fight to get noticed because it's a saturated market, man.
00:53:52.000To do collaborations because you by yourself are very smart at the very beginning.
00:53:57.000We could pay for collaborations or, for example, have friends in the industry like us or somebody like that, and they collab with you in the future.
00:54:03.000And then three, understand that this line of work does come at a cost.
00:54:07.000And look, We're all about free speech, but guys, it comes with free content courses too as well.
00:54:11.000So keep that in mind, in essence, because right now, guys, this type of content is very, very shadow ban on most platforms.
00:54:18.000So that right there is going to be your main obstacle for this content creation, bro.
00:54:41.000I just wanted to warn you, like, because I'd be...
00:54:43.000That is true that you mentioned that, Fresh, because we don't want you to get into this thing thinking you're going to make money, and then, like, you get demonetized, or they fucking take down your accounts and shit like that without us warning you.
00:54:52.000So, you know, just keep in mind that that could happen as well, bro, right?
00:56:31.000I work in a non-luxury dealership right now, car dealership.
00:56:36.000I have the opportunity to work at a Porsche dealership.
00:56:40.000My question is, do I stick as a big fish in a little pond and stick where I'm at right now?
00:56:47.000Or should I look to go to this luxury dealership?
00:56:52.000Yeah, it's gonna be a little difficult to make money in the first couple months, but then long term, I could see More money, more connections with clients, and just a...
00:57:15.000In this case, do you want to have multiple rich clients you could talk to, network with, and have collaborations?
00:57:21.000Or do you want to stay in a small pond where actually you can have a hierarchy where you're at the top, but your clientele is going to be not that influential or affluent?
00:57:57.000But keep in mind, though, this is why I said to everyone, make two columns on a piece of paper, pros and cons of each choice, and then weigh them out to see what's better for you.
00:58:07.000But you already told us what you want to do.
00:58:08.000And I think for Portrait Stealth, bro, this brand is tested and true, and it's been there for years.
00:58:13.000So Portrait Stealth, bro, is going to sell no matter what happens.
00:58:15.000The thing is, though, is when we get the connections that have the, I want to say, advantage for your career is going to be important.
00:58:22.000So, I would say, go to the dealership, look around, see what they're about, and just ask questions.
00:58:28.000Hey, brother, how long have you been here?
01:01:31.000I'm the pilot, so I paid for college myself.
01:01:35.000So I'm living at home currently, making about $100,000 a year, except for, here's the thing, I'm on leave right now, so I'm not actually flying, but once I get back in the swing, That's what it'll be.
01:01:49.000Let's talk about this debt real quick.
01:03:56.000So the minimum payment is only $1,000 a month.
01:03:59.000And so I've been trying to do that and then save.
01:04:02.000I've got a high-yield savings account.
01:04:04.000So that 4.5% interest that you make a year is really bringing that 6.6%.
01:04:11.000Um, off the student or off the student loans down to really like 2%.
01:04:15.000So I'm trying to pay the minimum payment and then save like another thousand dollars a month.
01:04:21.000Um, and so I can get, you know, some kind of asset and get moved out.
01:04:25.000But that was where, you know, I was relaying this question to her parlaying too, is when do you think would be a good time for me to move out?
01:04:32.000Cause right now, man, I'm really just paying a car payment and then the student loans, like the only, and then obviously like, you know, some food here or there, whatever.
01:04:39.000Bullshit, but that's really my only obligation is like a car payment and then the student loan.
01:04:52.000You're putting money into a high-yield savings account because you look at it like you're going to make some money back and then you'll be able to.
01:05:00.000Are you putting this money into this high-yield savings account on the hope and premise that it's going to be returning and you're going to take that money and use it to do a lump sum payment on your loan?
01:05:13.000No, I'm thinking, I was thinking to acquire like a duplex or something after, you know, however long it takes to save a good amount, to put the 3% down, house hack it, and then have enough for, obviously, reserves, right?
01:05:27.000In case anything went wrong with the property.
01:05:31.000Okay, so what's your plan to pay this thing off?
01:05:33.000Just make monthly payments for the rest of your life and just have it be another bill?
01:05:38.000Or were you planning to acquire a real estate asset, let the equity build in it a bit and then take that equity and then dump it into this loan and get rid of it?
01:05:48.000Yeah, so the thing with aviation, as you know, you can easily make $300,000 and I'm probably about five to seven years off of making $300,000 plus a year.
01:05:58.000And so basically make minimum payments on the loans for let's just call it five years then stack the other thousand bucks a month till I can get a property and then He's basically kind of giving us his strategy on what he wants
01:08:05.000Alright, well, whatever you do, just make sure, cause you live in one of the most inflated real estate markets in the fucking country right now, in Austin, Texas.
01:08:11.000So, um, and who knows what the fuck is gonna be in a couple years from now when you actually try to procure yourself a house.
01:08:27.000My strategy works because if you don't spend a lot of money, bro, and you save it and invest it, you're going to win.
01:08:32.000Yeah, but you're going to have to live...
01:08:34.000And the rents, actually, the rents, too, here have been coming down, actually, because, like you said, there's so many places to live here that they're actually starting to come back down.
01:08:42.000You guys are going through what Florida's going through.
01:08:43.000You guys are going through a correction just like us.
01:08:45.000Because Austin was an even hotter market than South Florida.
01:08:48.000So, yeah, bro, that strategy could work.
01:08:51.000Like I said, just focus on making as much money as you can.
01:08:53.000Save as much money as you can right now with your family.
01:08:59.000And then you can go ahead and pick up that house.
01:09:02.000And then hopefully also, the equity that you're going to build from having that house, that will also allow you to make maybe a big lump sum payment and pay off all your...
01:09:11.000Yeah, you can pull it out on a heel lock or some shit.
01:09:14.000The final question I have for you, Myron, on this is, would you consider...
01:09:17.000Because like I said, I'm going to be only 24 next month.
01:09:18.000Would you consider giving away five years here from 24 to 29?
01:09:22.000because, like, my mom literally said, like, hey, you could be at home until you get out of student loan debt.
01:09:26.000Would you consider doing that just to get out of student loan debt before moving out, and that way I move out?
01:09:31.000Like, I sacrificed my 24 to 29, but then I come out at 30 with, should I have over 100 grand in the high-yield savings account debt-free?
01:10:02.000Pay down that debt as aggressively as you can, whether you want to do it through making the monthly payments or by doing a lump sum payment by you putting a bunch of that money into this high-yield savings account and then pulling it out later to make a payment.
01:10:12.000Whatever it is, just stay at home as long as you fucking can and knock this debt down, right?
01:10:37.000Then it might make sense for you to go ahead, take that cash out, pay your fucking debt down, and you're paying a 3% interest rate versus a 6% interest rate.
01:13:52.000So when niggas say, oh, bro, we can't afford CC Premium or CC, you don't follow the advice, bro, because if you did, you'd make money right now.
01:13:59.000Yeah, that's just off the free advice, too.
01:16:30.000Hey, man, you get a lot of hate, man, but people really underestimate how much value you bring to the show, man, especially on, I think, Money Mondays and Womanizer Wednesday.
01:16:38.000That's where you really shine, man, because I follow your advice on, like, Instagram and stuff.
01:18:01.000Do you think you'll be able to find work in Florida or Texas doing remodeling?
01:18:06.000Well, Florida, they just had a hurricane, so I think there'd be a lot of work there.
01:18:12.000Well, okay, I mean, the thing is, bro, like, I don't want you to come out here and you don't have, like, a network or you don't have, like, jobs lined up because that 50k, you'll eat through it very quickly if you don't have, like, an infrastructure kind of set up while you come down here.
01:19:55.000Get a job at Home Depot or Lowe's, bro, because I'm sure when people there, like, they might need some remodeling, and you're like, hey, look, you can buy this.
01:20:02.000Oh, by the way, on the side, I have a remodeling business.
01:21:19.000So I just wanted to tell you guys about the situation I'm in and see if you can help because I know you guys are both landlords.
01:21:26.000So I just got into the restaurant industry.
01:21:30.000I actually had prior experience about I got into it, and I'm paying about $2,000 a month for rent, and I have been in it for about seven months.
01:21:42.000And I had an incident to where, like, I had someone attempt to break in, and it just hasn't been the best decision.
01:21:52.000You know, sales, they're all right, and the area isn't that well.
01:21:56.000And also, on top of that, I've been working somewhere else Full-time and making a steady income over there.
01:22:04.000So it just hasn't been, you know, worth it for me anymore.
01:22:07.000But the issue is I signed a three-year lease, right?
01:22:12.000And I just wanted to know if you have any advice or anything on how I can possibly break the lease or I don't know how that works.
01:22:21.000Okay, so how are you only paying $2,000 to run a restaurant?
01:22:46.000Yeah, like, it was some guy came up asking for stuff, and we denied him service, and he just came and, you know, started trying to break the door and stuff, so...
01:24:41.000So, bro, at this point, just what I would say, bro, like, right now, bro, you're supposed to, the landlord is, give you, like, a somewhat resolution to where, if it doesn't sell, you guys can work it out?
01:26:23.000But at the same time, I'm sorry to interrupt, but at the same time, I have basically a full-time job that I would get off early at, and I'll make around $5K a month from it.
01:26:41.000So basically you got a full-time job that you make your money with and then obviously you also have this side hustle that you kind of do where you run the shop.
01:26:49.000It's a drive-through type shop, ice cream, whatever it may be.
01:26:54.000It's like kind of like a luxury and it's drive-through and then it's in a questionable area and you don't want to deal with it anymore because it's causing your headaches and the profit isn't necessarily worth the headache.
01:37:37.000He paid maybe like $6,000, $7,000 at best.
01:37:40.000So he owes a lot more than he's telling us right now, which is why only they know the payoff because they've been keeping a record of this.
01:38:24.000Bro, okay, I can tell you right now, bro, if you bought this car last year, you paid me $600, but you'd pay maybe like $200 in principle, at best, right?
01:38:36.000Because the interest is probably your heavy-loaded loan.
01:38:39.000How much did you put down when you bought it?
01:40:41.000You need to actually call the lender and say, listen, I want to pay off a month for this car, and I'll give it to you either in a couple hours or next day.
01:43:52.000Whatever you owe on the car, you got to finish off paying or pay monthly just to keep the car running because you made an agreement with the bank or lender for that car.
01:43:58.000You can't just say, oh, I'm done paying because I don't have the car.
01:44:01.000You're on hook forever until the car is paid off.
01:44:02.000Now, Granted, though, you've got insurance, you have an Uber policy as well.
01:44:07.000Verify with them what is going to happen next because, bro, you're just telling us these things, but we don't know because you need to confirm with the bank or Uber, what's the next step?
01:44:15.000Once you figure that out, you know your payoff, then pay it off if you have the money.
01:44:18.000If not, you're going to keep paying for the car.
01:44:20.000Granted, though, if you have insurance covered and they're going to cover it for you, which you said they're not going to, you're good.
01:44:24.000So verify again with the lender, what's your payoff amount?
01:44:28.000And then two, figure out from Uber if they're going to cover you with insurance.
01:44:31.000Because remember, You're the passenger in the car.
01:44:33.000That's a whole other liability itself to deal with.
01:44:35.000So I don't know what you're going to happen with Uber, but verify with them what's their next strategy for you and with the lender how much you owe.
01:44:41.000So to be clear here, to be extremely clear here, you're on the hook for the car, bro.
01:44:51.000However, now it's a matter of how much are you going to pay, which is what we're going to figure out.
01:44:55.000And that's going to be contingent upon your insurance alongside the gap, and then obviously you had a passenger inside.
01:45:00.000These three factors are going to play into how much you've got to pay.
01:45:04.000But the point is that you've got to keep making the monthly payments until you square away with this insurance situation.
01:45:10.000And that will finally dictate the final cost of what you're going to have to come out of pocket.
01:45:13.000But the point is that you have to keep coming out of pocket monthly to honor the contract that you signed.
01:45:19.000Otherwise, they're going to destroy your credit, sue you, and come after you for the money that you owe.
01:45:24.000So keep making the payments because Fresh has dealt with this before, not him personally, but he knows guys that have decided not to make the payments.
01:45:31.000And they get sued and they come after you, these car companies.
01:45:34.000So you got to keep making the payments, bro.
01:45:35.000Right now, what we got to figure out is how much you got to pay.
01:45:39.000And you're going to know that once you call your lender tomorrow and figure out what the payment amount is because you don't know because a lot of that money that you paid, this monthly payment of 620, the $6,000 that you put down, a lot of that is attributed to interest.
01:45:51.000And to the closing cost to make the deal happen.
01:45:53.000So you don't know what the principal left is.
01:45:55.000Because a lot of this payment went over towards the insurance.
01:46:33.000I wish you the best, but yeah, the cars, when you get hit, it's a headache, especially when they don't cover you for insurance, but you got it, though, bro.
01:46:58.000If not, I'm going to report a car and then sue your ass for whatever you owe.
01:47:02.000And I'm telling you right now, guys, you can sue by them, it's not going to be nice.
01:47:05.000Because I'm telling you right now, guys, I don't want to pay 180K. I don't want to pay it, but I have to because now I'm going to deal with the devil and I got paid off because at that point...
01:47:13.000You can't just stop paying because you're on the hook for that amount of money for the car.
01:50:39.000But, yeah, bro, I mean, because, dude, again, I know we've got Trump in office and everything, but let's not, like, you know, count our chickens before they hatch, right?
01:50:47.000Because we've got to January until he gets in office.
01:50:51.000But in terms of, like, your next money move, bro, like, I would just say, man, focus on assets, like what Myron does with real estate, bro.
01:50:57.000Yeah, try to pick up some real estate properties.
01:50:59.000I'd be happier if you took that $30K or $20K and try to put it towards the house, bro.
01:52:08.000And actually, you know, one of them, I got him a deal, even though he didn't pay his car, and I did it on the table because, you know, but some of your favorite celebrities have, because they got sued by companies.
01:52:19.000Diddy's son got sued by his car company for not making payments.
01:56:50.000Call-in Money Mondays and call-in Womanizer Wednesdays would be dope, too, where callers talk about their dating issues and Friday can be call-ins for whatever situation.