Video Closed Captioning:
good morning good afternoon good evening
folks Michael Zuber one rental at a time
back to this good friend Dion how you
doing buddy howdy doing great ready for
round three so one of the things that we
do uh you know as our channels grow is
our influence goes our voices grow we
sometimes get comments from folks that
it’s probably the first video of ours
they have seen
uh and when somebody just sees one of
your videos and they leave a rather
nasty comment
um frankly it annoys me it hurts
sometimes so what I thought I would do
here is read a comment
talk about why it couldn’t be more wrong
and um just get your feedback you ready
for it yep
so here you go
this is from I I love how people don’t
even put their names so they don’t know
I don’t know who’s saying it so this is
from video garage
and this is on a video that I talked
about housing crash 2023 now that might
happen
so here it goes at the end of the day
this guy owns a lot of property
do you really think he wants to see his
net worth go down predictions here are
meant to side with biased need
you know me you’ve heard me talk about
this but what do you think
do I really sometime sorry no go ahead
sometimes the questions and the way they
ask the question let you know it’s their
first time to your channel yeah on my
channel it would be are your properties
in an LLC yeah I could I could literally
hear the collective pause from everybody
during a live stream waiting for me to
answer that so it’s like hey welcome to
the channel yeah so someone talking to
you and saying that you care
about net worth in any way hasn’t seen
any of your videos we know that’s a
fictitious number that really means
nothing except for the PFS that you give
to a lender to qualify for the next
thing but
as an investor
we know it would be in our benefit if
there was a crash because you have the
means resources and knowledge to get
money to buy things while they’re on
sale
so
maybe not consciously but we
subconsciously hope yeah hopefully
there’s crash we don’t see the things
that indicate that
yeah I I actually said this because the
millennial Mike asked me over the
weekend people are really don’t get it
um
so first off if I was motivated by
YouTube
I would talk crash crash crash like
there’s a content creator out there with
200 000 views spouts nothing but garbage
or pieces of information and he’s making
a killing if I cared about my YouTube
channel I would just talk crash
don’t I’m here to help people create
wealth and change their lives and build
a legacy I’m not here to trick an
algorithm and to give the machine What
It Wants I’m here to give people what
they need not what they want or they’re
searching for second if my voice
mattered I would love to have my market
crash 50 or 75 I would love my net worth
to go to cash value it doesn’t matter
you guys are not paying attention none
of my debt
gets called if my market crashes
I have cash flow income statement I like
you said I talk about Network it doesn’t
matter it’s a it’s a number that I’d
never look at because I think it’s bogus
it’s fake it’s easily exaggerated
I’ve seen people with high networks go
bankrupt it’s all about discretionary
income and cash flow net worth is the
most garbage number talked about out
here and I hate that people talk about
it so yeah clearly a first time comment
it it gets me too because in the
financial Independence retire early
Community a lot of people talk about how
much money you need to retire when they
start talking about multiples of your
annual expenses and or just a certain
amount if you have this amount and that
means nothing how did you invest it how
is it working for you what does it
produce that value can change
um
foreign
I think and this is not to insult you
but I think in some way you’re a little
bit lazy like me in some way similar oh
for sure and one of the reasons you
don’t make crash videos and talk about
you know how to get clicks is you just
talk about here’s the crash this is
crashing you get just way more abused is
because you know that in two years like
that other channel you’d have to
remember when you talked about a crash
and it happens it hasn’t happened for
two years so you’d have to go back and
delete those videos yeah and that’s way
too much work to go back and delete
videos no not happening right I I delete
nothing I’ve now 7 000 videos go back I
do daily shows for a thousand days go
nuts uh I can only talk about what’s
coming and again I’m pl we I should say
we we’re playing a different game
we already got ours neither neither you
or I could we could we double our
portfolios if we focused on it sure do
either you or I have interest in doing
that not really
not really we’re good we don’t need
extra so now we’re playing for a legacy
my legacy is to try to build something
that lives for 50 years after I’m dead
that’s expensive that’s why video garage
I have spent over 150 Grand of my
personal money on this channel
that’s why I focus on creating content
that’s why I talk to eight different
millionaires a week because I’m trying
to build a legacy that goes forward so
I um
again if my voice matters in Fresno I
hope it crashes 50 percent
I don’t I I never look at my net worth
except when I get that yearly PFS
statement time to fill it out
it’s such a bogus number
I had to fill mine out for the first
time like I think a month ago I think I
told you I had to reach out to The
Lumberjack landlord and go what the heck
is this how do I fill this out how do I
fill this out no he was the bigger
brother all of a sudden
um
so it’s it’s not even a number that
doesn’t matter it’s a number we don’t
think about us
it means nothing to me we I don’t live
on spend my net worth it means nothing
if I’m worth eight dollars or 800
million it doesn’t matter to me it
doesn’t
here’s the part that I think some people
especially if they’re new to the
channels might struggle with a lot of
people talk about Network a lot of
people talk about number of Doors number
of units and when I say something like I
have 16 rentals and I think I’d like to
have 14.
I don’t want a hundred I don’t want 50.
I wanted Financial Freedom which came
from cash flow that is greater than my
expense probably four or five times
greater but that came from 16. now if I
sell one and pay off a couple of the
mortgages and increase the cash flow
have less things to deal with that’s
hard to understand unless you watch our
content a lot and you realize that
Financial Freedom is the goal was the
goal not some number not number of units
not not even a cash flow number
like
some people just go okay how much cash
flow is enough not enough I want more
well once you have enough
it’s time to start focusing on other
things totally agree totally agree so
again that that comment bothered me
because again
I don’t know I guess I welcome
first-time viewers first-time commenters
but man when they when they clearly
they they’re they’re trying to pass
judgment on me
and they don’t know me that is um
not cool so here’s a challenge to the
people that have made it this far in the
video so far
I want you the person watching to come
up with a comment down below oh no that
gets a reaction from Mike and if Mike
doesn’t do it Millennial Mike also comes
through the comments to find topics to
talk about with Mike and I actually
watch all those videos those are great
so there’s your challenge for the day
thank you for that I wish I deleted
videos so I can get rid of that but or
edited videos so I can get rid of that
but I can’t so it’s there it’s there now
Dion where can people find you right
here on YouTube Dion talk Financial
Freedom and I do my live streams Tuesday
afternoons 4 P.M Pacific and they last
as long as the questions do today’s
Tuesday right so it’s Tuesday ah cool
what time
4 P.M oh I will I will actually get this
video up first so it is up before the 4
pm time so there you go Dion thank you
very much buddy
ciao