The Gould Mine: Find your Fortune through Real Estate Investing

Jason Peterson: From Ex-Convict to Successful Real Estate Investor

February 07, 2024 Danny Gould Season 1 Episode 19
Jason Peterson: From Ex-Convict to Successful Real Estate Investor
The Gould Mine: Find your Fortune through Real Estate Investing
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The Gould Mine: Find your Fortune through Real Estate Investing
Jason Peterson: From Ex-Convict to Successful Real Estate Investor
Feb 07, 2024 Season 1 Episode 19
Danny Gould

In this episode of "The Gould Mine," Jason Peterson, an ex-convict turned real estate success story, shares his journey from spending 8 years in prison to becoming a thriving real estate investor. His transformation highlights the significance of intention, discipline, and conquering fears. Jason discusses rebuilding his life post-incarceration, from establishing credit to making savvy real estate investments, underscoring the importance of financial literacy and leveraging debt wisely.

Despite the obstacles of reintegration, Jason's story is one of perseverance and determination, proving that past circumstances do not define one's future. He attributes his success to staying disciplined, setting clear goals, and practicing gratitude. Jason's approach to facing fears, taking calculated risks, and his resilience in overcoming challenges serves as a blueprint for success in real estate.

Highlighting key principles such as self-management of properties, continuous learning, and the crucial first step in overcoming fear, Jason's narrative is a powerful testament to the idea that with knowledge, courage, and hard work, anyone can achieve success in real estate, regardless of their background.

Follow Jason:
Instagram: https://bit.ly/3SyPOPp

Follow Me:
Linkedin: https://bit.ly/3L2sTc7
Instagram: https://bit.ly/3soYxtW

Show Notes Transcript

In this episode of "The Gould Mine," Jason Peterson, an ex-convict turned real estate success story, shares his journey from spending 8 years in prison to becoming a thriving real estate investor. His transformation highlights the significance of intention, discipline, and conquering fears. Jason discusses rebuilding his life post-incarceration, from establishing credit to making savvy real estate investments, underscoring the importance of financial literacy and leveraging debt wisely.

Despite the obstacles of reintegration, Jason's story is one of perseverance and determination, proving that past circumstances do not define one's future. He attributes his success to staying disciplined, setting clear goals, and practicing gratitude. Jason's approach to facing fears, taking calculated risks, and his resilience in overcoming challenges serves as a blueprint for success in real estate.

Highlighting key principles such as self-management of properties, continuous learning, and the crucial first step in overcoming fear, Jason's narrative is a powerful testament to the idea that with knowledge, courage, and hard work, anyone can achieve success in real estate, regardless of their background.

Follow Jason:
Instagram: https://bit.ly/3SyPOPp

Follow Me:
Linkedin: https://bit.ly/3L2sTc7
Instagram: https://bit.ly/3soYxtW

  •  What's up gold miners. Today we welcome Jason Peterson to the show an ex-convict who spent 8 years in prison before getting out and completely turning his life around. Over the last 6 years Jason has gone from literally zero zero credit zero anything to his name to now having seven investment properties that he's done primarily using the bur methodology and in today's video he Dives deep into how he overcame that 8-year prison sentence and became a successful real State investor later on in the episode. He describes the power of intention and discipline that has kept him on this path and finally Jason shares some amazing perspectives with us that everyone can learn from and these perspectives have kept him on track despite all of the limiting beliefs and the fears that not just Jason but everyone naturally feels. This is some really inspirational stuff everyone whether you are a brand new investor. Super seasoned whatever you have something to learn from Jason so many nuggets being dropped in this episode so without further Ado. Let's welcome to the show Jason Peterson Jason welcome to the gold mine thank you for having me yeah. Man dude you have had anything but a conventional Journey you know you you spent some time in prison and and you went from that to you now successful real estate investor walk me through that journey. Man I I I want to hear it all because it's it's not typical oh yeah. It's definitely not typical and it is a journey to say the least but um so basically my my background was a misled youth. Um didn't have a strong male role model to uh aspire to be like got into a lot of trouble um. Um. I was raised better knew better but I tested my boundaries and uh pretty much went on a downward spiral got out of control I tried to reel it in I joined a Marine Corps couldn't get rid of some of my old habits and behaviors and came home on leave and got subsequently discharg from the Marine Corps and then hit rock bottom and ended up through eight years in the Wisconsin State Prison. For crimes that I take full responsibility for um. The punishment was well deserved and to tell you the tell you the truth. It changed my life for the better. It you know a lot of times. People are so distracted by everyday life. They don't get the chance to self-reflect on mistakes they've made and decisions. They're currently making places in their life that they're lacking discipline and I really consider it a fortunate event that I was gifted the eight years to self-reflect so that's what I did and when I came out I was on a mission to make up for lost time and with the help of a very supportive family I landed in at home and and got in touch with my cousin who was unbeknownst to me how successful he was.
  •  But he was a successful real estate investor and he put me on to drum roll please. Robert kosaki Rich Dad Poor Dad well I read it and what does everyone say about it. Their mind is blown and yeah. It is exactly what happened to me and I could not get my credit established fast enough to start buying assets how and and actually we we'll come back to this. But you it's a good segue. How does want establish credit or reestablish credit. When they've been removed from you know effectively Society for like 8 years. H how did you go about doing that cuz I imagine it was like I I was actually thinking about this as we as I was prepping for this interview. I was like how' he do that you know so like what was that like is you know as much as I wish that it could happen super quickly. You know a lot of people have asked me that especially if they have poorer credit you know. It's one of those things that just takes time and patience. But I had zero established credit. So basically. I didn't even have a credit score. So the first thing I did was go to my credit Union and you got to remember like I lost. I gave away willingly eight years of my life and that included a lot of advancements in technology. So I didn't know how to operate a smartphone. I mean you could probably tell by what I'm using now. I'm still behind the side you know I'm I'm up in the Northwoods of Wisconsin. I got a big winter beard and I could barely get this computer fired up to start this podcast. But so what I did is was behind the times. But I would get a papercheck from my job that I I continue to uh keep. After I was on work release my last year of prison. I kept that job I would get a paper check every Friday I would walk it to the credit union cash it and you know. After about I I want to say six to eight weeks of this. They saw you know you have study employment. They gave me a $500 limit credit card and I used it. I used it for gas. I used it for you. Know groceries things that I could pay off when the bill cycle hit and I did that and after six months lo and behold you know I started to get a credit score. It wasn't great you know and then six months later you know after all of these successive payments being on time. My credit was established. I was I was ready to roll for at least for FHA standards. So that's really what you do um. I know I'm not an expert on credit in the least. There's you know there's so many different you know intricacies to it. I've been told you know open up three credit cards. You do it. You know pay one off keep two open see the problem with that is I had zero established credit. So I barely could find one place that would give me a credit card so that was just my experience. There's probably better ways to do it explore it because it will save you quite a bit once you do finance a house you will be able to. Uh have a better rate was that the so you going back to that deal. You said you bought your first house FHA after you know establishing that credit was that the was that the first investment property then that you or property I shouldn't say that you bought uh after after coming out of a jail yeah yeah and actually it was the biggest purchase. I've probably ever made in my life more than a $500 Honda Accord that I bought you know to drive around to my job and back once I you know got released so and to say you know it was a big purchase. I mean it was intimidating for me but at the time I had it was a monster home run of a deal. It was a for sale by owner and I got it I I think it was 97,000 and the first appraisal came back at 165 so 12 yeah. As soon as I you know signed the deal I I was you know pretty much walking into money. So I had a lot of options to go from there and I used all of those options with cash out refinances and home equity lines and credit and um I'm not afraid of debt. Let's just say that you know some no established credit and then they the gurus will scare you. You know don't get into debt the worst thing you can do. I won't mention the name but I think we all know who I'm talking. We all know yeah yeah. But uh I mean I agree with some of his you know his. I don't know advises. But he uh I'm not afraid of debt and using debt. I've gotten to be.
  •  I mean the reason I couldn't get set up fast enough. Here today is because I'm I've just just moved into another primary residence. It's I can't believe it it's a dream house. It's on an acre of land. I had deer running through my backyard yesterday and it's really all come full circle very crazy to be where I'm at today that's amazing man well congratulations to you. That's awesome thank you and um how so how long has it been now. Jason you know because you just got this house how long has it been since you got out. It's been six years six years yeah six years and I'm still on probation. So if you anybody in this audience thinks that you know they're waiting for a perfect time or you know. The cards are stacked against them. I've done all of this on probation and parole. So there's no excuse you know there's no excuse for anybody. If if you're just making excuses out of fear don't do it. I mean yeah I if anyone can do it. I am never the smartest guy in the room. I'm never the most conventional guy of the room. I mean I have full sleeve tattoos. I have a a Wisconsin annoying accent. But I rub shoulders with you know people that are I like I I wanted to tell you and give you enough credit. I enjoy having conversations with somebody as successful. As yourself. I mean look at what this has springboarded for me. I'm talking to a guy that invests in hotels if you would have told me that seven years ago when I was banged up in a prison cell that I would be having conversations with people across the country that are wildly successful. I mean you in the guests you've had I'm honored to be here on your podcast and seven years ago. I couldn't have even pray or put this in a intention. Journal. I don't even think I would have believed in myself. So I'm honored to be here and there's no excuses for anybody so yeah. It's been six years and I in a twist of fate I've had two children since then.
  •  So I've kind of been slowing down on very active investing because I have a a daughter that's under one and my son just turned three. So. I'm pretty busy plus I manage all my properties myself um and I moved twice. But I I mean real estate has opened up a dream life for me and I I hate to keep going back to Rich Dad Poor Dad. But I I think that should be mandatory reading in high schools. I really think it should along with a book report to make sure that it's comprehended and I even during Co I had a good relationship with somebody in the Wisconsin Department of Correction. He ended up retiring so the whole Co thing kind of what would I say in Wisconsin. Terms put a kabash on that so uh he retired and during Co they weren't really having any outside visitors. There was lockdowns in the prisons but I had a relationship and I had a whole program set up where I wanted to come in to have kind of like a financial literacy class for guys that were be released because I feel like I said I am definitely not the smartest person in the room and I really feel that anybody can learn this and make a better life for themsel and for their family. There's a lot to unpack there. I I want to start with with the with the obvious one W to me at least which is you know you you you have reached a certain level of success. You're still very humble what what keeps you grounded Jason and and um how do you think that has impacted your your real estate investing career. Up until this point. I mean I have to be true to myself. You know um either you you be humbl or you get humbled. I mean I think that the eight eight years that I did in prison kind of paved the way for me to know where I came from you never get too big for your britches never get too far in front of your skis because it at any point things can change C circumstances can change and um I I just I'm so grateful for everything. I have that I know that sometimes it's like you got to pinch me because I I feel as if it's a dream that um I'm so lucky and I think what keeps me grounded is doing a gratitude um exercise every morning and what's funny about that is about a week ago. You know I just I don't know if I just got done telling you how we moved here. But I was unpacking some boxes and I found one of my my previous. It's like an intention. Journal kind of thing that I used to have a morning routine where I'd wake up and write the things I'm grateful for what I wanted. Goals kind of like an affirmation type of thing but just putting pen to paper. You know not waking up looking and my cell phone checking social media. This is more of a time for me takes five minutes. I really encourage everybody to do it. But the funny thing is is after unpacking these boxes after I moved I found one probably from about three years ago. So you know I was I probably had three or four properties at the time and was still house hacking and I I looked at the intention journal and lo and behold everything that I wanted usually I would write things that I you know Envision for myself about two years out kind of like a vivid Vision type thing and uh I I cannot. I almost get goosebumps thinking about this. But I asked for 10 10 grand a month you know just income of 10 grand. A month. I wanted a single family house with land for my family. I wanted my blue belt in Brazilian Jitsu. I wanted it. It didn't really cease for me. I mean I wanted over 100k in income either earned or passive and it's crazy because I have slowly been taking these things off the boxes without even realizing it. I have my blue belt and Brazilian jiujitsu. I have a single family house with land. I have of 10K a month every month in income. It's it's just I where do I go from here I mean that these goals are attainable. You just have to believe them that's the juxtaposition between believing that you can do it and the anxieties and the fears surrounding the activities that are required to do uh. They're required to unlock the things that you want like let's let's dive into that real quick because you mentioned you know like the fears and the anxieties before and then you also talk about the belief system and and how you you you your intentions really your like the power of intention really drove your your real estate investing game forward. Uh those are two very um. Those are two very clashing kind of like emotional trains of thought and everything so so how do you how do you overcome the the anxieties. The fears like especially when you're starting something so new you were fresh. Uh you know and and really hadn't interacted with Society in eight years and yet you you somehow manage to fight through all of those limiting beliefs. You know that everyone faces and and break through that so how how did you do that I I think that was the power of you know painting myself into a corner um. Once you're under contract. You have to just tell yourself if you're going to deal with it um and and the anxieties come off. I'm not going to I'm not going to sit here and tell you oh. I didn't worry about anything you know. I'm I'll take care of it. You know. I'm not I'm not afraid.
  •  No I there were sleepless nights. You know there a lot of things that the unforeseen I would worry about but at the same time I think my background kind of was a strength for me because I've been in horrible conditions. So if I lost everything I I'm still winning because I have my freedom and most likely I have a bathroom with a door on it. No matter what happens you know I I could work it at Walmart as a greeter and probably make enough money to get a one-bedroom place with a bathroom and the door on it. So there I I it was almost like I had nothing to lose and that type type of person is a scary individual. One that has nothing to lose will take those risks that others won't but with real estate. There are insurance policies for every risk. You take I there's exit plans and if you're smart and you do your due diligence and you know you take time to learn this stuff. You know I didn't just read Rich Dad Poor Dad and just Willie nearly just oh. I'm going to you know buy a house. I did where hours and hours and just any chance I got. I was soaking up real estate information just I'd probably listen to every single Bigger Pockets podcast up to the point where I bought that first property and I I don't want to you know cuss on your show. But I was scared shitless yeah. You can say it bro like this is this is a all right. Hey. No I I was. I was scared shitless though I I really was and tell you the truth. I had a small sum of money that I had saved and I spent it all in order to make to down payment on that first property and from that point on I was flying by the seat of my pants with home equity lines of credit and cash out refinances and it seemed overwhelming. When I would see you know the amount of debt that I had accumulated it. It scared me but if you if you're not afraid of something big you're doing in life. Then it's probably not big enough for you you know I think fear is ass sign you're moving in the right direction if you're not afraid by it. It's too small I mean all the biggest risks that with the biggest payoffs in life you have to have some kind of fear that is associated with that I don't care who you are um. That's almost a universal law and one that I I follow and I don't know maybe. I'm just a glutton for punishment. You know Marine the Marine Corp and I just live in a state of fear. All the time. It's just one thing I do and yeah. I um first of all I love that mentality you know fear is a sign that you're moving in the red Direction. Obviously you know you could there's there's the devil's Advocates. That's you know could come up with an example or two where that might not be the case but generally speaking. I would agree with you you. Know I I think that given all of the successes and failures that I've had in my career that fear has always played a role in in in helping me either push forward or you know learn from his Stakes that eventually pushed me forward right. So it's a very interesting idea I I want to come back to this like I had nothing to lose what a powerful perspective right because I I think that this is something that most uh investors you know people who are listening to this show. They don't have that context they don't really have the context of being locked up in a Cell for eight years and and and always having the ability to kind of come back to that being like at least I won't right yeah like yeah yeah me well and I think too also along with you know the eight years that I did that I had self-reflection. I had very strong belief in myself. You know it. I might not know where I'm going. But I know how I'm going to get there and that was profound for me. That that I I might not know my final destination.
  •  But I know that I have within me the tools to make it happen. If I don't know I will find a way I will find out. That's why I still self-manage my properties. I I it. I like the challenges I could pay property management to do it for Me Maybe I'm half being too Frugal and I'm you know I like you know cash flowing as much as possible or maybe which I more lean towards this side is that I kind of like solving the problems that my tenants have and I like interacting with my tenants. I I I really do I like to be the person that you know like I said when we first started I got this big winter beard here and we just had you know negative 30 degree with the windchill. Temperatures up here in Milwaukee and I care for my tenants I care for their safety. You know they're I am the one that they depend on if they're f goes out and it's -30 below. Zero. You know and I like that I like being that person because I know that they're in good hands with me and I can't say that for a lot of other landlords in Milwaukee and rine Wisconsin and probably all over the country I mean there's slum Lords everywhere and they give good landlords a bad name and it's unfortunate because nine times out of the 10 you know the 10 that are renting they're giving the majority of their income to you as their landlord and you are there thereby paying your mortgage and increasing your net worth with appreciation and you know all the benefits that real estate provides and um you know you have a responsibility there and like I said you know I might not know where I'm going. But I I I know how I will get there and say same thing with you know just your core beliefs and sense of self. I feel like. It's rare. You. I might be totally off based here um Jason but I feel like it's rare for someone to have gone through what you went through early in life and come out with that. Sure belief you know usually that sort of confidence is is saved for the people that kind of live. This like fairy tale almost like childhood existence so like how what would you what would you attribute to that to that self-belief. Because you know. I I I also have that same like I know where I'm like I know I'm going to make it you know like I know like I know it's happening and I and I I wake up every morning with that sure belief. It's interesting to hear someone from you know that had a different life. Experience also have that same belief so what do you think it is. It's uh discipline. It's that core belief and not you. It's keeping promises to yourself you know if you and that's who you need to make that promise to first and foremost do not. Break promises to yourself your core belief and the discipline that you wake up with every single day don't fail yourself if you don't fail yourself. Then every single day you going to have more confidence you're going to believe in things that used to seem you know Preposterous that you could pull this off um. I think I almost had an advantage with just the structure of not only the Marine Corps but also with being in prison. I mean the regimen of working out every day every day being you know. The better version of yourself than you were the day before and then when I got released that just compounded a million times over because I had access to all the learning materials I could have I the internet to me was a playground of knowledge. I mean we live in an age now where you can learn anything at the drop of a hat and I took full advantage of that and I think you know if you're not learning you're you're dying and that is what kind of shaped my core belief and like you said you know we we know we have that belief in oursel that we will get to our destination might not know how but we know that we will get there by our self-belief and the more knowledge I've you know obtained. I you can find me on a given Saturday night. When the kids are sleeping.
  •  I will be learning about the French Revolution because an article Peak my interest and then an hour and a half later you know I'm I'm done reading an article and I'm an expert and all but yeah. I I really think it comes back to staying hungry to learn new things and then incorporating that into yourself and building confidence with that. But yeah. It's definitely it comes down to not breaking promises to yourself. You know something just struck me right now as you were saying that and it's interesting that you know when you left society and then when you re-entered. There was an 8-year Gap obviously like the technology like everything changed right like things. You know things have evolved so aggressively over the last like two decades and it seems like every year that goes by. It's really like a decade's worth of innovation and change and information. That's now out there into the ecosystem and so isn't it interesting how you come in with this like Super Fresh perspective of look at all of this opportunity and look at all this knowledge that's available to me and there's so many people that just like do like are living and just completely turning a blind eye to all the opportunity that's in front of them. 100% agree with you and to actually hearken back to you know. Six years ago. I I almost wish that I didn't get so absorbed with the technology and I could go back to that moment in time because I had very few distractions now man I swear it. It is a battle to avoid the distractions that I'm plagued with. I mean it. It's it's a great marketing scheme. I mean these people are good. I mean I on Instagram. I'm no better than the next guy I I mean I there are so many distractions but I was so I was such a caveman. You know six years ago. I I would sit at at dinners with people and I'm all you're doing is playing with your phone. You know you're not. We're not even engaging here and now. I'm that guy that you know I get wrapped up in my phone. It's just. It's it's I open Pandora's Box and you know that's the thing once once you have for me. I I notice that I have to be more cognizant of it. When my kids are around because they don't know you know. If I'm reading about doing a 1031 tax exchange or if I'm looking at scaring cat videos on YouTube. They just see me on my phone so you know. Even though that knowledge is there I almost wish I could go back six years ago and be the caveman again because um like you said I mean people don't even realize the power and the potential they have at their fingertips. And I mean they're caught up in the it's almost like hypnosis. They're hypnotized by the fast dopamine hits you know the videos that make them laugh and they're not using the technology that you and I and everyone else has access to and could better their life and ensure Financial Freedom for their families. But they're distracted and it's sad. It's sad I I'm a victim. I think that I've actually wrote this in my intention journal in the morning do not be distracted. Today. Stay focused and uh just make it through and try to learn something new but yeah you're absolutely correct you. Know.
  •  People do not realize or walking blindly through. Switching gears a little bit because we've spent a lot of time on you know on on some of this stuff. But I I want to get to like the mey stuff know like how did you like what are you doing right now to Source deals. Let's start there like um I know that you said that you're kind of like uh maybe taking a a little bit of of your foot off of the gas on the on the investing stuff. But but uh you know back you know as you were kind of building the portfolio as you were gaining momentum and everything how were you sourcing these deals. You said the first one was a fizbo right. So were you were you doing a lot of fsbos like kind of walk me through what the what the deal sourcing. Uh look like I am known for everybody that is in my network. If they see a for sale by owner sign. They snap a picture and send it to me and nice. I don't even I don't pay them or the house that I'm in right now was actually a for sale by owner so. But other deals I I yanked right off to MLS I mean I started in kind of a golden era of investing you know during covid and right before Co um I had probably four deals from MLS and I just recently bought one in May uh single family that was right from MLS too um. It's not a cash flow monster because you know the rate was I do Finance. All my deals too because why not is kind of my uh my my Mantra. There is why not and so I've uh. I pulled them off MLS with a very good realtor down in rine Wisconsin. It's a little town um about not really a little town. But it's between Chicago and Milwaukee. It's just south Milwaukee can find a lot of good deals. There I have a really good realtor Colette. She uh sends me deals all the time she knows what I'm looking for um. But otherwise it's really just I put myself out there and and I think my my my superpower would probably be my communication skills. I can talk this with a 90-year-old woman at the church you know I could talk to them about. You know the house that their son is selling and I can talk to you. Know realtors in the area and see what kind of deals they have. But it's a lot of Word of Mouth um and you know I I drive for dollars um. It's it's crazy I I I notice things you know once you have that lens switched on you kind of see things you know the house with the long grass that hasn't been cut in a while you know um but yeah. I've uh I've been just collecting slowly you know I I think comes with the scaling will come when it's time you know I I prioritize my family life. I never want to look back 30 years from now and say um man. I wish I spent more time with my kids when they were small. You know I've heard enough anecdotes and you know advice from the older generation that tell me you you know. Working is good and fine and all but spending all day every day outside of the home and missing your children growing up. You'll never get that back so as much as I love if it were up to me. I would be buying deal after deal after deal after deal. However I know what's best and I don't want to take on too much where I'm I'm going to regret it later so yeah. I'm slowly stacking them and when the time comes to scale like I said I don't know where I'm going. But I know how I'm gonna get there. So got the core belief you know and the time will come when it's when it presents itself. I love it. I love it. I love it a lot um if you had to look back on your investing career up until this point. What would you say the most important decision that you made that that led to this success so if you had to attribute it back to like one key decision. What was the most important decision that you've made I I don't want to keep going back to this but saying you know reading Rich Dad. Portat was probably you know very very influential for me I I never had my. Mind expanded on that type of level um you know what's funny is my cousin that introduced me to that book. He said that he has tried that with other cousins you know younger cousins of mine and you know just close friends of his and he said you know nine out of 10 people. He'll give them a copy of the book and you know check you know check in with them two weeks later and hey how was that book none of them read it. None of them read it and yeah I believe know you know I just I I I wish that people would just give it a chance and you know even if they're not. Big. Readers just have a goal and read that book um so I think that was one of the most influential moments of my real estate career but also um buying that first for sale by owner and just having no fear and diving in because like I said I bought my biggest purchase. Prior to that was a $500 Honda Accord and buying a house was a whole different animal. You know and you once you've signed. You know how many offers and you know and you're at title and you're signing you know 49 different you pieces of paper in front of you. The first time I was probably entitled probably for about three and a half hours. Cuz I needed to know what does this mean that I'm siding you know I'm so scared and now you know I'm probably out of there within like 25 minutes and sign the papers just sign it sign. It sign it and move but uh yeah the getting over the fear of the first one. After the first one they all get easier so dive in dive in when you got nothing. I love that gotta dive in. I love. It man you know it. It's uh yeah. Fe fear is a sign that you're moving in the right direction. I'm I'm going to remember that one for a long time. So we we're coming up here on time Jason I want to be respectful get you out of here on time. Couple last questions here so what is a a common misconception like a myth surrounding the real estate game that that you'd like to debunk right here and right now that you have to be a certain type of person to invest in real estate and that's a myth that this is open to anybody like. I said at the start of this podcast. I'm still on parole and probation and I've had eight properties in my possession. I sold one own S no I live in a a very nice neighborhood. I have sleeve tattoos. I you know I I cuss I talk dirty and uh real estate. There's no barriers to entry. It's just knowledge and the courage to believe in yourself that you can handle problems. You need to be a problem solver but with enough education. Anyone can do this like I said I am never the smartest person in the room. I just know that I will not fail myself when it comes to solving a problem. I will find the answer and I have a one funny story. I'll keep it brief but the house that I just moved out of that was our primary um in a little twist of fate um. I had a showing for new tenant to move in there and I could not believe this and I can't make this stuff up. But the people that toured the house in order to be my new tenants were three correctional officers that were going to be roommates and read from me. So I mean that not the craziest turn of the BS I can't make this up. I mean three correctional officers were going to pay me to rent my house. So that's a myth you know if that's not a myth that I can't be a real estate investor. I mean anyone can do it so pretty funny little uh turn of events that that is funny man that's that's a great that's a great story and um I definitely think kind of uh more than anything that what that story reminds me of is is this idea that no matter where you're at right now you know if you work hard if if you if you set intention and you don't let thear get in the way you can completely turn the tables in in a short amount of time and uh it might feel like a grind in the meantime but like you did it and that's uh that's a powerful. Testament to that man so thank you for sharing and in traditional Gold Mine fashion Jason we're going to have you leave the audience with one final gold. Nugget. Wisdom is precious because it's so costly that's pretty much the best quote I've heard in a long time and I it rang true. I I felt it um felt it with all my being um yeah. The wisdom that I have gained in this process cost me a lot you know you know cost me a lot of self-reflection. It cost a lot of you know sleepless nights when I had to remember the horrible things I did in my past but you have to move past that trauma and you have to uh. You know know that there's a better path for you and there's light at the end of the tunnel and hopefully you use that for good and you can make a difference in many people's lives. So yeah wisdom is precious because it's so costly so that's a goal that is awesome man and and what an inspiration you are my friend. So thank you so much for your time thank you for sharing your story with this audience and guys Jason did it go out there and do it yourselves come on. This is uh. This is inspirational stuff. Baby I love it thank you so much for stopping by awesome. Hey thank you very much thank you for having me. My friend listening thank you that.