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good morning good afternoon good evening
folks michael’s uber one rental at a
time back with his good friend mr
lumberjack landlord how you doing sir
i’m doing great excited for segment
number two yeah so one of the things i
want to do here is just realize that
yeah we talk about real estate we look
at our market we’re doing acquisitions
all that stuff but there’s been a lot of
geopolitical stuff going on
um
death destruction just bad bad bad stuff
uh that can’t be um
you can’t go you know a day without
realizing just horrible things are going
on right now
and frankly they probably go on all the
time but now they’re front and center
yeah what i want to what i want to try
to do here is um
kind of step back and address what hap
right the geopolitical horrible things
cause other things to happen that then
cause other things to happen
eventually it rolls down to the person
that i track and follow which is the
consumer
it’s odd to say but it’s still what i
track even when even when you know
russia invades ukraine and drops bombs
on apartment buildings and just horrible
things
it still rolls down to the consumer but
before we get into it you know what are
your thoughts what’s going on what have
you seen transpire in in your your world
also i’m ukrainian
my lineages um and uh i’m second gen
here
and so uh
yeah i mean it’s um
it’s it’s disheartening to hear every
single day that they know what’s gonna
happen and they don’t do anything about
it quite frankly um and if you ever need
a lesson from
the world stage
uh
when the u.s went to ukraine and said
hey get rid of all your nukes in 1994.
just trust us we’ll take care of you
and in 2014 they get invaded they don’t
get taken care of and uh
don’t rely on other people rely on
yourself
make sure that you have a solution in
place that allows you to sleep at night
and
yeah quite frankly you find ourselves
here because two administrations in 1994
and in 2014 didn’t do the right thing
and now uh now you get a crazy man on
your hands
with nuclear capability
and uh
you know every single day we hear that
it’s going to get worse it’s going to
get worse then why are we not doing
anything about this
it’s going to get worse so
yeah so i think that you know people
especially you know there i mean think
about this
in america we’ve never been in a
position
where we were driving past a depot and
getting handed guns and ammunition so we
can prepare to defend ourselves and our
family
and that’s a very unique
thing
to
to have to wrap your head around so we
are extremely blessed in this country
where we are largely focused mostly
inwardly on ourselves and our families
and providing them a financial
uh thriving financial future as opposed
to just a future
so
yeah so i think it puts things in
perspective for everybody you know
thoughts and prayers are certainly with
the ukrainian people
um and uh
you know at the same time we have lives
to to try and live here and try and help
them
um but you know just people focusing on
the day-to-day and
you know seeing things like i think
probably the only people that are at
least
somewhat positive on what’s going on
over there are people that own bitcoin
yeah
you know and if it’s
if that doesn’t show you that illicit
things going on with bitcoin and if that
allows more things like that i think
that you’re not paying attention to the
flow and what’s going on so yeah i think
that it’s unfortunate everything that’s
occurring overseas and especially
because it wasn’t like it was a surprise
like we’ve been hearing this for months
we just didn’t do anything about it
so yeah i think that everybody you know
like i said the lesson that you can take
from the world stage is be prepared to
uh to take care of yourself be prepared
to uh put yourself in a position rely on
no one rely on no other programs or
special conditions or special
uh anything coming your way recognize
that you’re gonna have to do it yourself
and you’ll far more likely be in far
more control than others of what occurs
over the course of their life
yeah
there’s a lot in that folks again uh
someone with ukrainian descent kind of
sharing very passionately with what is
going on there
when when i step back um
and look at what’s happening and i’m
already looking you know
i don’t usually look back i try to look
forward right and given everything i see
out there uh
you know there’s certainly talks of
peace treaties or whatever which you
hope
hope cease fires all that you just hope
that stuff happens sure but i’m always
about preparing for the downside yeah
because if you could prepare for the
downside the upside takes care of itself
right yes that’s just how i’ve operated
my entire sales career frankly
so now when i think about the worst case
scenario
obviously you’ve probably all heard
about this you know whatever it is 40
mile long or 17 mile long
armored vehicles
coming to kiev i think is how you
pronounce it
which doesn’t leave me warm and fuzzy
with possibilities
it just
screams bad
very bad
and if you play that out even
just
um
first and foremost uh the commodities in
that area which is
right wheat and flour and oil and all
these things are just going to go up and
up and up
uh the cost of money is going to go down
right you’ve seen the 10-year just
collapse from 2.1 to one seven or
something today yeah
you wanna re if you wanna refi some
money
now would be the time
but um
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the thing for me
that really
gives me pause
is if this
trail of vehicles makes it and they do
what they’re going to be capable of
doing and level the city
um
i don’t think i don’t think we’re the
same after that and i’m talking we
the world
are the same if we allow that to happen
no that’s why i don’t understand when
you have data
yeah why aren’t you acting on data
i mean you know they’re driving you know
it’s 40 miles long yeah you can see
you’ve got pictures
like non-stop pictures and the funny
thing is it’s like you know it’s been a
little bit of
idiocy on russia’s part because they
literally have vehicles breaking down
and running out of gas
like well planned jackass
so the fact of the matter is is that
you know
did you and i wait in our sales career
to
try and close every piece of business
that we could because somebody said that
this deal was definitely coming in
and that i should just push some of my
other deals into the next quarter
right did you ever do no you always take
the deal down based on the data that you
have period end of story
and so for the world to be standing by
and watching people get murdered because
they have the data and they’re not
acting on it
it’s just completely infuriating just
completely infuriating so i think that
i think that as it relates to real
estate i think you know when they do get
to a point whether it’s in two weeks 30
days or 60 days
as soon as the
as soon as the war is over
i think that rates will
unbelievably bounce
like fast and hard
and quite frankly i don’t understand why
the fed isn’t announcing that they’re
tapering like
now like hey here’s an auction for a
trillion bucks
like let’s get this thing let’s get this
some of this stuff off of our balance
sheet because the world still wants u.s
dollars yeah that’s one thing i’ve said
pretty clearly yeah the biggest fear
i’ve always had pre this
yeah is the fed unloading their 9
trillion or 9.1 trillion dollar balance
sheet yes
well sometimes opportunity comes
disguised as a problem so but what do
people want today treasuries sell that
stuff now right they should whack it in
half a hundred yeah get it off the
balance sheet take the money that’s
absolutely what the rest of the world
should be doing and wanting to do
but i think that it’s really funny
because
you look at what our country could be we
could be the world’s largest energy
supplier
and we are choosing not to be
we’re making the choice not to be
that just blows my mind
i think when you have resources that you
leverage those resources what have you
and i done for 20 years we’ve leveraged
our resources to the best of our
abilities to create successful
businesses
and this is where i find it
reprehensible what we’re doing as a
country when we are not doing our best
doing our best to have the highest level
of security that we can for ourselves
we are still writing checks for russian
oil how dumb are we
so yeah i just look at it and say
i want to know for me for my business
that i can depend on myself
and that is everybody else can say
whatever they want to say i want to
protect my business protect my family
and do all the things that i can to do
that and that means doing the work
understanding what i’m doing
taking calculated moves and risks
and i think that all those things are
part of running a really successful
business and so
i think that
you know any time that you’re putting
your ability to execute in somebody
else’s hands i think it is absolutely
fraught with error
yeah that’s my take
with that happy note we will end this
session uh how can people find you
lumberjack landlord on youtube and
lumberjack landlord on instagram they’re
getting to talk political mic i don’t
talk to medical yeah i don’t normally
either but as someone with ukrainian
descent i think that was an important
discussion thank you i appreciate that