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Good evening everyone this is Robert with the world renowned Mr Texas real estate this is the Texas rules the radio network is joining us tonight as always we appreciate you guys tuning in hanging out with us. Well we got a lot of exciting things going on around here get some new hires were moved some things around our master mind coming up. On the 20 third 20 fourth July 25 actually great a good announces their new ways become protect your wealth to increase wealth will be going over you guys know the deal on the master mind if you\'re interested in joining its. 12500 for the first year 7500 for the second year 5000 for the third year 2500 for your for free there after now this month in July if you\'ve gotten. Other education programs in other gurus and other masterminds and aren\'t really satisfied and feel the need that you still need to join us other we\'re gonna give you $2500 off the first year and $2500 off the second year which a $5000 savings so this is the month to join a mastermind I don\'t think we\'ll do it again anymore this year but this is the one we talked about it for Jason had to leave with little sicknesses back those out a job site today. But we talked about he that in a lot of people come to us and say Hey why I bought this 35000 abroad have brought a $60000 investment but a $25000 investment the guy sort of just disappeared on me why spend 9000 here and we\'re all like well what are you trying to do a cool I\'m just trying to mind holding you guys though so why are you buying that program why are why are you doing to fix and flipper and what\'s sad about. And just people get confused they get into that emotional sale because those guys love gurus are really good from selling onstage inning Kitchener pony up without a credit card or taken god forbid you taken new credit card out and that\'s bad and they come to us right okay man for 2500 Bucks off we\'re we\'re good to go for this year and then next year and. So if you\'ve been. Unsatisfied with your last real stooge cation go around give us a shout 281419008 text 281419008 just text word mastermind 281-401-9008. I want to continue on what not to do so let\'s talk about G. V.\'s and partnerships and how we\'re doing investment properties and all of the stuff. Okay we remember from the last time we talked about this there is a very successful formula for flipping houses and typically it\'s someone who understands the construction world. Maybe already owns a construction company and someone on the real estate side so they can negotiate deals very very well and close the acquisition and sell the do the disposition on the flip. And that world that may be husband and wife for spouses or partners that does really really well. That\'s that\'s a good success rate Terence good good good good good good set up for success. However a lot of people that are looking to do partnerships we\'ve talked about this before let\'s just get this over most of the time people are looking for partners because they\'re afraid. I think they\'re not prepared I don\'t feel like they\'re prepared enough to do it themselves so then they look for partners. Right now I would I I was absolutely subject to this you know 70 years ago I was that was me I was looking for partners even though looking back I didn\'t need partners when I need it was probably another hour or 2 with a mentor. But people go out there to start if these partnerships and so let\'s just talk about what those joint ventures partnerships look like you should always have an end date to the partnership should never be open and like for Jason I\'m 60 months right we\'re 31 months in. Did that 60 months time liquidate time move my ownership in the beneficiaries and all this other stuff and we got a lot of legalese to do but we\'re done or Hey let\'s do for another 36 months. That probably will not happen. Copyright Mr. Texas Real Estate @ 2021