Mike's Fire Made Dan And Dylan Check Their Policies, Check Yours

Mike DeHaan: [0:01] Dude, no. It drives me crazy though how literally my social media is constantly those ads for like

Dan Austin: [0:08] Is the it potentially gonna improve your sexual health?

Mike DeHaan: [0:10] Maybe. I don't know. It could take you to the next level, dude. The The reason it pisses me off is because we're not allowed to advertise our lending company. I know. I know. Because of, like, discrimination laws. And I'm like, well, why

Dan Austin: [0:20] you You could literally which I'm I'm guessing a lot of that stuff's still prescription. Right? So you could have some sort of fake, like, doctor set up where they're prescribing this stuff to dudes that do not need it, like 20 like eight year old guys.

Dylan Koch: [0:31] I can talk to this because literally when I left my retail job as a pharmacist, went to a That meal was basically a pill mill for these. Like the row is the one that we serviced.

Dan Austin: [0:41] Oh, okay. So you I didn't even think about that. So you have experience with this?

Dylan Koch: [0:44] Yeah. Dude, you'd get like the patient profile.

Dan Austin: [0:46] Does it work?

Dylan Koch: [0:47] Well, I haven't taken the pills. We can't we can't take our inventory in pharmacy, Dan. But like Yeah. We can't. To your point, there'd be

Mike DeHaan: [0:54] Yeah.

Dylan Koch: [0:54] 20 year olds that are getting some of these. This is like

Dan Austin: [0:56] Just filling these prescriptions. You know what I mean? Like

Mike DeHaan: [0:59] You can, Dylan. You're just not supposed to. You know, it's just like generally frowned upon to do that.

Dylan Koch: [1:03] You're right. You're physically able to.

Dan Austin: [1:05] Nobody's gonna know if one of their blue pills is missing. It's gonna be doctor Dylan.

Mike DeHaan: [1:12] What's going on, guys? Welcome to collecting keys. I'm your host Mike DeHaan here with Dan Austin and doctor Dylan Cook. Wait. Are you actually a doctor? Like, do you get, like, a doctor designation?

Dan Austin: [1:23] Yes. Dude, I'm gonna call you doctor now.

Mike DeHaan: [1:25] Do you, like, sign that, like, on your your direct mail that you send? You should definitely No.

Dylan Koch: [1:29] But I should.

Dan Austin: [1:30] Yeah. You put MD. Can you put MD? Like, like, in No.

Dylan Koch: [1:33] No. No. It's it's PharmD, which is this doctor or pharmacy.

Dan Austin: [1:36] It's like a chiropractor

Mike DeHaan: [1:38] kind of thing.

Dan Austin: [1:38] Yeah. Yeah. Kind of.

Dylan Koch: [1:39] I don't know if those are doctor they might be. I'm just

Mike DeHaan: [1:42] ignorant to that. You got like a doctor in like art or like religious studies?

Dylan Koch: [1:46] Just a college degree. A PhD. You know, I first graduated when I was 24 years old, I told all my friends that they had call me that just for being an asshole. Yeah.

Dan Austin: [1:54] Yeah. You earned it, dude.

Dylan Koch: [1:55] And then I saw some Reddit thing that said, like, if you book airlines or something, like, you should have like, put a doctor on it because they might, like, treat you better or some shit. I'm like, I'm not

Dan Austin: [2:06] Is there a doctor on board? Yes.

Mike DeHaan: [2:09] Am a doctor.

Dylan Koch: [2:09] Not qualified. Yeah. Yeah. Of course, this happens.

Dan Austin: [2:12] I was actually just talking to a dude that flew two times. He flew he flew to, Hawaii on the flight there. And on the flight back, he needed a doctor.

Mike DeHaan: [2:20] Oh, really? Like he needed a doctor or like someone needed? People needed. No, he

Dan Austin: [2:23] had someone had an epileptic seizure and someone else had peanuts on the one. That's I was like, that's pretty wild actually. I've never had that happen to me.

Mike DeHaan: [2:32] I remember being on a flight when I was, I don't know, probably 12. We're flying to Europe and somebody like they did the their whole doctor on board. We are over the Atlantic Ocean.

Dylan Koch: [2:44] Oh, yeah.

Mike DeHaan: [2:45] Right. We were far from everything. And the doctor on board? No. Anyway, the person died on the flight. You were on the airplane? And they're like, what do we do? So what they did is they basically like put a curtain up around like their seat that's five tens roll back there. They put them in a body bag And then they have like a storage compartment that they can like store bodies in. And they basically just like put the person away and then basically kept the curtain up like around the seat and the people that were sitting next to them, they like moved them other places in the plane. So didn't have to sit next to like the seat that somebody died in. I could only kind of further see back. I think they were on like an aisle.

Dan Austin: [3:20] Were they like in a middle seat?

Mike DeHaan: [3:21] Yeah. I mean, they're just like, yeah, we just gotta just keep this person and hopefully don't get like too stinky by the time we get to

Dan Austin: [3:26] where we're going. In there. I mean, you ever shipped a dead body, you know, you gotta pack them in ice.

Mike DeHaan: [3:33] That's I mean, it's crazy. Like, they like but they've thought about that. Like, that is like a thing that, you know, they've had to consider that Yeah.

Dan Austin: [3:39] They like flight attendant training.

Mike DeHaan: [3:41] That it will inevitably happen. Right? And they have like their process. Flight attendants had their SOPs. They had to review for how to deal when someone dies on the plane.

Dan Austin: [3:48] The pilots like running through their checklist for them

Mike DeHaan: [3:50] like Yeah. Probably. Honestly. Yeah. And I I mean, depending on where you're at too, I would imagine certain situations you would land. But because we were so far from everything, they just kept going. But Dude. Sorry, Dylan. You missed that whole conversation because you're on the freaking phone while we're recording.

Dan Austin: [4:05] It's okay. That's that's fine. That's fine.

Dylan Koch: [4:08] Business calls at unexpected times.

Mike DeHaan: [4:09] You know, we should start doing is is if somebody has to answer a phone call, we should treat it like class and like high school. You gotta answer it on a

Dylan Koch: [4:16] On air.

Dan Austin: [4:17] Hey. Why don't you talk yeah. Why don't you record that for us here? Put it on air.

Dylan Koch: [4:21] Let's go. I I remember this

Mike DeHaan: [4:23] old video. This That

Dylan Koch: [4:25] was the seller. No. Not doing that.

Mike DeHaan: [4:26] The seller. And this this old video that that basically showed how messed up that can be where these kids, they knew that their teacher, like, had that policy. And so they have, like, one of their friends call the female student and she answers the phone. And the person that called them did a very good job of basically impersonating like a doctor's office. And they basically just wanted to confirm like, it was like her abortion appointment or something or something related to her being pregnant and the look of absolute horror on the teacher's face. Because he was like, yeah. You got put on speakerphone. You know the rules. And then that's like the call. And he was like, I am so sorry. Like, was all ring.

Dylan Koch: [5:05] And then that's

Dan Austin: [5:06] oh, it

Dylan Koch: [5:06] was a savage.

Mike DeHaan: [5:07] It it was all set up. I was like, yeah. You taught that teacher lesson for sure. He's changing that rule.

Dan Austin: [5:11] Yeah. That is kinda shitty to do to people. You don't know what people are going through. Leave them alone. Let them answer their phone.

Mike DeHaan: [5:16] Now that wouldn't really work anyway because who gets a freaking phone call? Like, especially at that age. Everything is text.

Dylan Koch: [5:21] Everything is text or Snapchat. Right? Is that Yeah.

Mike DeHaan: [5:23] Make put their Snapchat up on, like, the, like, screen.

Dan Austin: [5:25] The projector? Yeah. I like it.

Dylan Koch: [5:28] You started this podcast with like the advertisements and such. Since you were little no, I shouldn't say little. Since your fire incident, Mike, we I've reviewed all of our insurance policies, and I decided to get term life for myself, like term life insurance. And I went through I just filled out one website, and then you had to put in all your stuff. And I'm telling you my Instagram, my Facebook, everything It's just like, oh, life insurance it's nonstop.

Dan Austin: [5:53] It's Those guys are

Dylan Koch: [5:54] so very annoying.

Dan Austin: [5:55] Yeah. Yeah. Mike and I got some policies recently, and now that person just wants to meet with us to, like, look at our whole financial plan. I was like, no. I'm good, dude. No. Like, stop. Just bought stuff from you. I don't want you to like, Like, leave me alone. Like

Mike DeHaan: [6:07] They're trying to upsell, man.

Dan Austin: [6:09] They're always, dude. They're like always trying to sell, dude. It's the biggest pyramid scheme out there.

Dylan Koch: [6:13] Well, we increased our our home coverage. We even added on like this old jewelry policy for my wife's shit. Nice. There's learning lessons in in Mike's endeavor.

Dan Austin: [6:20] It is. I've learned. Yeah. I've literally reviewed my policy right afterwards, and I felt like I was I'm definitely insured well, but I have some areas where I think I'm under insured.

Dylan Koch: [6:28] Do you guys have umbrella insurance?

Mike DeHaan: [6:31] Yeah. Mhmm.

Dylan Koch: [6:32] Yeah. Yeah.

Dan Austin: [6:32] I don't

Mike DeHaan: [6:32] know what I'm Definitely have that.

Dylan Koch: [6:34] That's the last thing I don't have that I've been looking into.

Dan Austin: [6:36] It's so cheap. It's like maybe $500 a year, $600 a year for like 5,000,000 or something like that.

Dylan Koch: [6:41] That is definitely cheaper than I got quoted.

Mike DeHaan: [6:43] Yeah. It'll be a little bit more than that.

Dan Austin: [6:45] It might've gone up since I got it. That's what I first paid.

Mike DeHaan: [6:48] So my, I have a $5,000,000 policy. I think it's $1,100 a year.

Dan Austin: [6:51] Okay. That's inflation for you.

Dylan Koch: [6:53] Yeah. So I have

Mike DeHaan: [6:54] to pay about, I've paid $90 a month for it. Yeah. I mean, you should definitely have that though. If you're doing, if you're any kind of like small business owner or even like, I don't know if you just like live life because also like, let's say that something happens and you get in a car accident, and who knows situations, but then you get sued because of it, it will protect you up to that amount.

Dylan Koch: [7:11] Yeah. Right. Then like, that's a whole discussion. And like the, it's just kind of annoying. I know it comes with a territory of being a business owner, but you have like, your term life insurance, your umbrella insurance, you have all these LLCs or different trusts for estate planning for tax purposes. And they're all intertwined in some way that just like what's there's no like perfect solution, obviously, but you still have to learn the ins and outs of some of these to a degree.

Dan Austin: [7:34] Yeah. And then when you die, make sure your wife knows how to actually do it. Because you're not gonna be able to trust all those individuals to understand your estate plan.

Mike DeHaan: [7:41] No. Well, that's yeah. That's why you get estate planning set up by a professional that can sort of help oversee a lot of that.

Dan Austin: [7:47] Yeah. But your wife still needs to know.

Mike DeHaan: [7:49] Oh, for sure.

Dan Austin: [7:49] Yeah. But, you

Mike DeHaan: [7:50] know, and then if you ever have, a business partner, you do something bigger with Dylan, like me and Dan, we took out insurance on each other.

Dylan Koch: [7:55] Oh, that's pretty smart. Did I tell you guys that in this exact scenario, basically, there's a a local investor here. He was business partners with somebody fifty fifty. They did not have insurance on each other. The one dude passed away from, like, honestly, like a COVID complication back in 2020. And to pay out his wife, the said investor, basically had to sell their entire portfolio so that they could capture that equity, which if they had insurance, they wouldn't have had to have done that.

Mike DeHaan: [8:22] Yeah. See, that sucks because it undoes everything that those people did for such a prolonged period of time.

Dylan Koch: [8:28] Yeah. Yeah. And then you're talking millions of dollars with this, like, gentleman. Like it was, it's a big ordeal.

Dan Austin: [8:34] It's a small amount to pay as far as operating costs to make sure your spouse is protecting your business partners protected because, I mean, do you really want to be business partners with your partner's spouse? Maybe. Maybe not.

Mike DeHaan: [8:47] I can tell you, you definitely don't want to be business partners with my wife, Dan. Very nice. But in like that kind of setting, no.

Dan Austin: [8:53] Neither of our wives want to be business partners with each other.

Mike DeHaan: [8:56] Man, imagine if we both went, they had to be business partners with each other. What a fricking God,

Dan Austin: [9:00] that'd be so awesome.

Mike DeHaan: [9:01] They would not know it. They're like, how

Dan Austin: [9:03] do these guys operate this business? Like, I don't know, by the seat of our pants?

Mike DeHaan: [9:06] Yeah. Can you can you imagine just giving them access to our absolute monstrosity of a Google Drive that is like just seven years of trash. Not a single person could unwind this mess. We've had so many different businesses, zero organization, all these people with their tentacles in it over the last, like, seven years, dude.

Dan Austin: [9:26] But, like, four different folders named the same thing.

Mike DeHaan: [9:29] You can't even search in it. Like, you try to, like, search to find anything and you're like, is this it? They're all named exactly the same. None of them are right. I mean, you find out that the right one was actually in our email. Know, we never put Yeah. It in the

Dylan Koch: [9:41] Dude. It's a ruckus. But like with the insurance thing, we had different policies with different people with different agents because I was always worried about getting the best, like, you know, price or the thing. And lately, it's just been I gave it to one guy. Even if I pay a little bit more, it's just cleaner. Because I'm like, I could text him and be like, what's this for? What's this account from? Like, and it's just so much more convenient.

Dan Austin: [10:03] I actually tried doing that. So Mike and I got our policies. I have Northwestern Mutual as my, like, personal policies, and then we went with Northwestern Mutual for our policies for each other. And I was like, hey, can I just, like, combine these two logins? Like, I don't wanna have two logins. Like, absolutely. Like, totally. Like, why don't we just do a whole review on your financial situation? Does it run up for it? Like, it kinda came back to us. Like, I don't no, dude. No. I already told my other guy I don't need any of his products. Now I gotta go through the whole rigmarole where you try to pitch me. Like, no, I already bought it. Like, I got what I want.

Mike DeHaan: [10:32] I think Northwestern Mutual in particular is really bad about that. Cause like, that's kind of like their whole model is they do like the whole estate planning thing, but then also the sales guys are so heavily compensated based on the first year products that they sell. So they're really heavily incentivized to sell stuff, even if it means that you don't stick around for the long term. Right. So like I used to have a, a whole life policy through them. I don't have it anymore. And one of the reasons I moved away from it was because when I was first looking at it and getting it so much customer service, I got all my questions answered, everything. Then I had this thing for like four and a half years. And it got to a point where I was like, Hey, I have like a question. What is this? Blah, blah, blah. And it would just go into the void. And then like the dude's, like, assistant would email me back, like, three weeks later. And I'm like, what the fuck guys? Like, like, honestly, I I kind of shut it down almost out of principle because I was just so agitated by the fact that I had

Dan Austin: [11:30] because they're like, well, we got you sold. We made our money on the front end and

Mike DeHaan: [11:34] Yeah. And I would just put, I would just put in like the bathroom closet at that point. Right? Like no one cared about me at all. But that's kind of, that's the Northwestern Mutual thing though, I've heard that over and over again for people.

Dan Austin: [11:45] Well, and like honestly, like a lot of these, if a lot of these guys that sell insurance products, like that's their they way, like if you're hammering things a nail, like Mike and I had lunch with a fellow GoBundance guy who was a, I guess, don't know you could like not a financial planner, but he owned a financial planning practice, I guess. Mhmm. But like, my father-in-law and him and I have a conversation about my father-in-law who is like up against RMDs. And he's talked to a couple of different guys, and they're both insurance guys. And like, well, yeah, if you just get a whole life policy

Mike DeHaan: [12:11] What's an RMD?

Dan Austin: [12:13] Required minimum distribution. Required minimum distribution from like your tax advantaged accounts, like four zero one k's. And so once you turn is it like 73 or 74? You have to take a minimum distribution. You have to pay taxes on that. So a lot of guys are up against the wall of like, well, like my father on this case, he's like, well, do I take it all out now and just pay a fat tax bill? Or do I do it over time? And trying to he's trying to find the most efficient way to do it. Because, you I don't know all of his reasoning, he doesn't necessarily wanna pull it out, but he has to. Right? And so the guys he talked to

Mike DeHaan: [12:41] were like, well, why don't you just give

Dan Austin: [12:42] me your entire four zero one k and I'll buy a a whole life policy with it? You know, just prepay a whole life policy. Right? And then we'll give you distributions off that whole life policy. And then when you die, you can give that to your family. And it's like

Dylan Koch: [12:55] I remember this came out. The whole life thing was marketed as infinite baking there for the longest time. I I understood the concept, but I was just like, this seems like you're jumping through a lot of hoops where you could just focus on something else and for better outcomes.

Dan Austin: [13:09] Exactly. And that's kinda where it comes if you have that much excess cash, like, sure, and you gotta put it somewhere and you don't wanna put it the place you already have it, maybe that makes more sense. It probably does.

Dylan Koch: [13:20] But you could also buy an annuity, like

Dan Austin: [13:22] Yeah. Totally. You're absolutely right. So Yeah. Anyways, I guess I'll I'll button this up with like the guy we're having lunch with who's like, absolutely don't do that. Right? And he's like, kind of the same thing. If you're a hammer, everything's a nail kind of situation. And so it's like insurance is not always the answer. So don't necessarily believe your Northwestern Mutual rep.

Mike DeHaan: [13:36] Yeah. Well, believe any reps that are commission based. Like you need to understand what is going on. There are people that are commission based that will shoot you straight, but also understand that they are only getting paid if you close the deal. So regardless of what they tell you or their vibe, that's going to be the incentive.

Dan Austin: [13:54] Follow the incentives. Anyways, I'll let insurance talk for you. Yeah. That was boring.

Mike DeHaan: [13:58] Insurance is freaking boring. That's the problem is like, honestly, there's so many of those things that are so freaking boring, but they're like so necessary.

Dan Austin: [14:05] Just think about the conferences people go to. Like industry specific conferences, like you're going to your industry specific insurance conference. That's exciting.

Mike DeHaan: [14:12] Well, dude, like, even think about like our lending conferences we go to. Right? Like, if you were not deeply ingrained in that space, it'd be unbelievably boring. Yeah. Talking about like fraud. It's always funny to me at the several concert conferences we've been to. They always have, like, their presentations. And, like, the stages that they set up, they look like so good. Like, they put freaking time into it. And then the speakers are so freaking boring. And the conference room is, like, a third full if that. Some of them there will be like 12 people. Very few people. There'll be 12 people in there.

Dan Austin: [14:45] Yeah. Out of 500 chairs.

Mike DeHaan: [14:46] Out of 500 chairs. And there's like this, like they have the big screens and they have like all the lights and they've done all the stuff and nobody cares. It's so freaking boring. And really people, they wanna go and they cruise around like the little convention centers. They can meet vendors and network, connect to other people in industry that you know, or they're at the casino getting blasted at noon. We were at

Dan Austin: [15:05] the casino. You know where you know where the old that does not hold true is back when I used to go to, engineering conferences. The other nerds were in the chairs, dude. They were listening to every word. This is like

Dylan Koch: [15:15] That avatar makes sense.

Dan Austin: [15:17] That totally fits it. Right? The vendor boost? No way, dude. That's scary.

Mike DeHaan: [15:21] Yeah. Yeah. I Yeah. I went to one conference and I worked at Boeing and it was very much people were super into that. But also what I really realized was stupid about that conference because my they sent me to that and I was an engineer. And I was like, what am I supposed to do here? I'm not like a decision maker. Yeah. Like, there's all these like booths just absorb it. But then as I was like trying to

Dylan Koch: [15:41] You're representing Boeing.

Mike DeHaan: [15:43] Yeah. As I was trying to talk to other people, they were all like, I don't know why we're here because I'm not a decision maker. I'm basically you, but at my company. So it was basically just a bunch of dipshits.

Dan Austin: [15:54] Getting free drinks.

Mike DeHaan: [15:55] No. We don't dude, you have to we weren't even fucking free. Had to buy your own lunch No, dude. From the cafeteria. Like, nothing was free at this thing. And so basically, it was all these companies that sent their junior engineers to go to this thing that was being put on by vendors, but no one actually had the ability to make any decisions or spend any money or like, it just felt like it was completely pointless. Like it was one of the HR departments decided they were going to put on a conference or something. And there's like, yeah, it's like bring people to it, but there wasn't an outcome. They were just checking the box because that's probably something that they've done for the last ten years.

Dan Austin: [16:26] Yeah. Exactly.

Mike DeHaan: [16:26] You know?

Dan Austin: [16:27] Sounds like a fun time.

Mike DeHaan: [16:28] Worst two years of my life.

Dan Austin: [16:30] So what's going on with Bitcoin, Dylan? Give us the update.

Dylan Koch: [16:33] Well, it's going up, Dan.

Dan Austin: [16:35] So, with it going up, why is it going up? Is this the ten year treasury thing? Are we is the $40,000,000,000,000 in debt? Are we in trouble?

Mike DeHaan: [16:42] Just remember, Dan, when in doubt, zoom out. That's all you have

Dan Austin: [16:45] to know. Zoom out. When in doubt, zoom out. Okay. Macro. Macro.

Dylan Koch: [16:49] No. I think anything I saw this morning was the intervention in the yen, meaning that the the Bank of Japan basically devalued their own currency.

Dan Austin: [16:59] So I'm going to Japan, humble brag, in October in about a month. I was hoping that this whole yen dollar trade thing was gonna work in my favor. It is not. It's very expensive.

Dylan Koch: [17:10] What is it right now? Oh, you're right. 1 yen.

Dan Austin: [17:12] I have no idea, but like to buy to get hotels to get hotels. I was like, oh, I'll find some good prices. No. Although I have been procrastinating on that.

Dylan Koch: [17:23] So a $100,100 dollars is 15,000

Mike DeHaan: [17:27] That's in

Dylan Koch: [17:27] 5 yeah. 100 yen. Yeah. But like, what if you go to Japan, like, what's what is that? What's a hotel night? The 30,000 yen?

Dan Austin: [17:35] The same as you would go anywhere. Right? I was just hoping that there'd be some advantage. Like, so

Mike DeHaan: [17:40] It depends how you do it and where you're staying. Because Japan Well, yeah. Either be incredibly expensive or incredibly cheap. So there's there's 8,000 hotels in Tokyo.

Dan Austin: [17:47] I looked this up. It's a lot. So, yeah, I'm definitely not going luxury, but I'm not going capsule hotel either. So I'm going, like, middle of the road. I would say middle of the road.

Mike DeHaan: [17:57] Are they, like, American brand hotels? Are they local ones?

Dan Austin: [18:00] No. I specifically chose Japanese branded hotels because I wanted the Japanese experience.

Mike DeHaan: [18:05] You're gonna sleep on the floor on the Hitomi mats? You should you and your daughter will No.

Dan Austin: [18:09] We're not gonna go to what are they called? A a recon recon recon or something like that because I don't need to go to an onsen bath with my daughter, my eight year old daughter.

Mike DeHaan: [18:17] No. No. No. No. You you can like get hotels there that are Japanese style. And so basically, it'll be like a bamboo floor and you sleep on the floor. They'll do it. It sucks.

Dan Austin: [18:25] No. I'm not doing that. But like I was thinking like they have the I think they're pronounced Rikon hotels, which are like very traditional hotels and they're there for like like the I don't know, like the ambiance and the spirit. You just sleep on mattresses on the floor and like everything's on the floor. But the the whole reason people go there is like the onsens there. But I'm like, I don't need a shared onsen with my eight year old daughter and I don't need to split up to male female onsens with my eight year old. Like, that would be weird. Yeah. So no, we're not saying no. I thought, like, that would be dope to to stay with your spouse. Right? Like, it'd be a cool, like Mhmm. Vibe. Right? Chill, like, tranquil, but no, I'm not doing that.

Mike DeHaan: [18:57] Yeah. You can't get out in the countryside. That's what my wife and I did when we went a couple years ago. We were out in some of like the mountainous regions. We stayed at several like of the, like the monk temples. And basically you just like have these big, like mattresses that you sleep on. It's not even like a Western mattress. It's almost just like the floor is like this giant mattress and you just kinda like sleep wherever. It's pretty

Dan Austin: [19:17] cool. Yeah. Would definitely be down to do that, but I can't go there for a month. Yeah. I don't have a business partner that can run the business. So I'm gone.

Mike DeHaan: [19:24] Yeah. So so we got from Bitcoin to Japan to where are going with this, Dan?

Dan Austin: [19:29] Yeah. I was just asking, Dylan, what's the what's the dollar you're in trade here? What's going on there? Because okay. So I I have been paying attention to news if we wanna have a financial moment here where, like, Japan is trying to prop up the yen. They're having massive troubles with it. Mostly, think because they just have deflationary issues. But it's not working really well. And so The US is now basically giving them a special banking treatment where they don't need to exchange in the US dollars first.

Dylan Koch: [19:53] Correct.

Dan Austin: [19:54] Because, like, Japan is basically dumping treasuries.

Dylan Koch: [19:56] Yeah. So they got a swap line, but The United States doesn't want Japan to sell its treasuries because that would be further negative for yields, which they're already trying to combat. Right? And so in order instead of, hey, instead of selling your treasuries for dollars, we'll just give you a swap line for dollars. And basically, it's just like this open bank account that says, like, we'll give you the dollars. Like, we'll do some accounting gimmicks to make sure you don't actually have to sell your treasuries. But that's been going on now over the past couple of months, and I think the size of the interventions keeps getting higher. Bigger. Like they keep coming back, keep going back. So at what point do they say, you know, we're we're done devaluing our currency, or they're gonna have bond market trouble just as we're having it here?

Dan Austin: [20:34] They gotta do something.

Dylan Koch: [20:35] But the all of this is pro liquidity. Right? More dollars going in and out, basically, The United States. And, like, Bitcoin tracks liquidity very well. And so if you think that there's gonna be increase of dollars, not just The United States, but globally, you would think that Bitcoin attracts some of those excess dollars.

Dan Austin: [20:51] So You'd think so. Yeah. Especially if you give everybody $1,200.

Dylan Koch: [20:54] Yeah. That was six years ago, but yeah.

Dan Austin: [20:56] Well, dude, that's you know what? They might try that trick again, especially with elections coming up.

Dylan Koch: [21:01] Well, I mean, you kinda opened Pandora's box when they did that. Right?

Dan Austin: [21:04] They did.

Dylan Koch: [21:05] I think if we get to a point where you have another recession or depression, people are going to be calling for that. Whether they'll do it or not, who knows? But I think the stage has been set.

Mike DeHaan: [21:15] Okay. What are your guys' views on the Trump account stuff? Talking about giving people free money.

Dan Austin: [21:19] You're talking about the the kids retirement accounts?

Mike DeHaan: [21:21] I saw I've seen people posting about these recently. The kids ones. Yeah.

Dylan Koch: [21:25] This is the combination with Michael Dell. Right?

Mike DeHaan: [21:28] Well, Michael Dell said they would make a contribution to it, but, like, that is just a small piece of, the initial.

Dan Austin: [21:33] Yeah. Was, they were kind of like the founding, hey, we want to donate him. I think other people did it too, maybe.

Dylan Koch: [21:39] Yeah. My CPA actually sent me a good thing about this. Let me see if can find it real quick.

Mike DeHaan: [21:43] It's an interesting sort of thing, you know, which I thought about this a lot because the intention behind it is valid, right? They want to basically give these kids the ability to have some money when they're 18. It's coming from the government. Something that goes very well on a ballot. Right. Sounds amazing.

Dan Austin: [21:59] Yeah.

Mike DeHaan: [21:59] Sounds amazing. But the problem with it is essentially what they're doing is they are taking taxpayer money and they are putting it into publicly traded companies. Right. Which shouldn't really happen in my opinion.

Dan Austin: [22:13] Well, I don't necessarily agree with that. It shouldn't happen maybe in this like context. Cause I think about, like, they talk about if they would have not put social security in US treasuries and they put it in American companies and invest in the S and P 500, we would not be talking about social security as an issue. We'd, in fact, probably be able to borrow money from it because it'd have so much money. Yeah. So it's like, should you bet on The US economy?

Dylan Koch: [22:33] But the public, I think to Mike's point, the public private partnership is kind of the whole thing in question. Right? Like

Mike DeHaan: [22:39] Yeah. Well, and then like how do you not have a conflict of interest there? Right? Like if so now you have people that are pulling the strings and if they're able to get access to a $100,000,000 of these Trump account bucks, right? They're just gonna pump that into their company. That's actually kind of weird really, really quick. The only way that it would work could be if it was in like a massive index. I don't I don't think that's how they're working. I think that they basically have their own fund for that. And I could be wrong. If I'm wrong, if somebody messaged me. Yeah. Mean, even if you

Dan Austin: [23:07] put an index, so say like you put in the S and P 500 index, right? Guess what? Then those companies start figuring out how to make sure that they're part of that. Right? Like, what do they gotta do? And like, what do they got a jockey position?

Dylan Koch: [23:17] Well, I definitely think you should have autonomy to what it's invested in. I think that's so if Mike's right that it's in some specific fund, that's messed up.

Mike DeHaan: [23:25] Yeah. I guess, know, in the googliness, they're automatically invested in the State Street SPDR portfolio, SPYM, which is a low cost fund tracking S and P 500.

Dan Austin: [23:37] Yeah. To answer your question, what do I think about it? Okay. So if I was to peel apart, what you were saying is I like the idea. I think any good idea with government with the government is always just a bad idea. So I don't think it'll actually work out. Like, I think in theory, sounds like great. Like, okay, kids can graduate high schools. Maybe they have $23.04, $5,000 in their Trump account. They can keep it going because we all know, like, if you put a thousand bucks when you're one years old into the S and P 500, history will tell you that by the time you're 65, it's gonna be worth a lot more money than a thousand dollars. Right? So if we can get people to use the the value of time and their investing strategy, it makes so much more sense. It's like we're upside it feels like we're upside down. Like, in America right now, you can't really the average person can't really start investing for retirement until their thirties if they're lucky. Right? And that's like average person. But I think that investing in The US economy is a good idea because we're already doing it. Right?

Dylan Koch: [24:30] But I think my to that, Dan, I think why invest in just the stock where you could invest maybe in infrastructure or rebuilding the electrical grid or something that might actually have more economic use than just a an earnings per share?

Dan Austin: [24:44] Well, because, like, those are private companies. Right? So you can. Right? Like, those are those are private companies.

Dylan Koch: [24:49] Well, no. Because they might not take that money, they're just gonna add it, like, to share buybacks or something. They're not gonna actually use it for productive use.

Mike DeHaan: [24:55] So Exactly. If you would

Dan Austin: [24:56] let me finish before you're brutally interrupted, Doctor. Dillon, you'd all doctors are such egotistical assholes, dude. Golly, you really fit the bill. So I think we should invest in The US economy because I do think the companies right now are carrying the world. The AI companies, I really do. I think that growth in that infrastructure, whether it's carrying it into the right direction or not, I don't know. But I think it's at least supporting it better than the US government, which has historically carried the world on its back, economically speaking. I just don't think it can, right, in this moment in time. The video I just watched on Instagram, which I thought was fascinating, is that the share of of money going into The US workers' paychecks is less, and the share of the same dollars going into corporate pockets is more. So meaning corporations are making a larger profit, and the individual employees are making less money than they used to. And by less money, I don't mean wage. I mean what is getting taxed and what is getting taken out. So the corporations are getting taxed less. People are getting taxed more. I think that's fucked up. I think that's upside down. It should not be that way because corporate I don't even wanna call it corporate greed. Was about to say corporate greed, but capitalism without any constraints is always going to go to the most efficient like money's gonna go the most efficient way possible. And once you have all the billions of dollars in the world and trillions of dollars in the world, you can now influence the government and where those dollars flow, which is gonna be to your pocket. Right?

Dan Austin: [26:21] It's just how that works. So let me finish. I'll and I'll stop talking. So I think to this point, if we're going to, as taxpayers, invest in The US economy, I do think corporate tax should go up. Like, the whole trickle down thing doesn't seem to work because people seem to have more of a struggle paying their bills and corporations have so much extra money that they're basically able to float the economy right now with such big infrastructure build outs. And The US Government really can't actually afford that even though they keep writing checks for it.

Dylan Koch: [26:51] There's a couple things that you could pull on there. One is I saw a schematic that was basically like the amount of money that's going into infrastructure build outs. If you take away the hyperscalers, like, the data centers, it is severely negative over the past ten years.

Dan Austin: [27:06] Right. It's not good.

Dylan Koch: [27:07] Yeah. They're the ones that are propping kind of all of any internal US domestic, like, infrastructure build outs. To your point about, like, the like, the wealth gap is getting bigger, and I think that's just a sign of the times at, like, post financial crisis and the financialization of everything that we've had. And pure that was gonna say at the end was pure, like, unfiltered capitalism would always result in a monopoly. And I'm like very pure, like, pro capitalist, but like, this is the whole reason why Standard Oil, like, controlled 80% oil market and they had to, like, step in. Right? So to me, the best definition of, like, pure capitalist would create an environment that is, like, competitive for new entrants as well. Right? And that's hard to do. Now, there is something to be said for, like, these big public companies that also have intertwined, like, government contracts because then, like, there is no, like, the moat's too big for a new entrant to come in and actually take any of the market share.

Dan Austin: [27:57] Right. Makes sense. So what do we do?

Mike DeHaan: [28:00] Well, we do nothing because we're not probably involved in these decisions. Well, you

Dan Austin: [28:03] can't, but I'm here to change the world.

Dylan Koch: [28:06] I think all you can do is honestly like, it sounds bad, but like look out for yourself and your family. And then if you do get some excess, like then you can do what you want with it. But like trying to change from the top down is going to be very hard to do. It'd be rather change from the bottom up.

Dan Austin: [28:20] Yeah. If you're trying to be an advocate for government change and you wanna get involved, be my guest. But it's probably not gonna be that profitable unless you're willing to be corrupted by capitalism.

Dylan Koch: [28:28] Corrupted by corrupted people.

Dan Austin: [28:30] Corrupted by

Mike DeHaan: [28:31] corrupted people that use capitalisms,

Dan Austin: [28:33] the free flow of capitalism to corrupt, politicians to vote for things that are in their favor, like reduced corporate taxes.

Mike DeHaan: [28:40] Yeah. I mean, that's like the whole platform, you know, and that's especially of the current administration. I mean, it's always funny that you have all these people that make $30,000 a year in rural America that are absolutely outraged about adding more of a billionaire tax.

Dan Austin: [28:52] Well, the other Totally. And the and the problem is is the so that that is a great point. The Republican Party doesn't stop spending. The spending doesn't stop. No. Right? And so then when you go over the Democratic Party though, they definitely wanna spend more money. Right? And so we know that that's their platform to spend more. So ideally, reducing corporate tax every four years and then increasing, like, social spending every four years is like the opposite of what we need. It's like take in less, spend more. We probably should they should probably meet up. It would be cool if wait. I think congress is set up this way where the politicians all go to the same building. If they all went there and they talked about what's actually right for America and then they did that, that might make sense.

Dylan Koch: [29:32] But they they can't. They're they're they're too old. The deficits are too big. The entitlements are too large. Like, these changes needed to happen a decade ago. Like Yeah. The Bessette just said the other day, like, there's only way out of this mess is to grow out of this mess, and he's right. But there's no like, I don't see a way where you can have you're talking seven to 8% GDP numbers year over year because the deficit's currently 7%. Like, that's really hard to do.

Dan Austin: [29:55] What if we bombed a country? Would that help? Could we do that? Because

Dylan Koch: [29:59] Military is

Mike DeHaan: [30:00] pro GDP. We bomb They keep trying it. Right? I mean, we Yeah. Seems to be Ronald Reagan put money to the war machine. The Bushes put money in the war machine. Trump has his whole little, like, flirting thing with Iraq Iran, whatever he's doing.

Dylan Koch: [30:15] What was, Dick Cheney? Is that the the god?

Mike DeHaan: [30:18] I feel like they should just fucking get it over with already. I'm like, Jesus Christ.

Dan Austin: [30:22] Well, mean, Ukraine seems to be holding up. So those bombs went to the right place.

Mike DeHaan: [30:26] Yeah. But they're actually, like, doing wild stuff.

Dylan Koch: [30:28] These stories are, like they were so prevalent. And, like, I haven't thought about the Ukraine war in a while, but it's still going Like, it's kinda crazy how, like, then, like or the Epstein files, like, have people like, I haven't heard about that in a couple of months.

Dan Austin: [30:40] I think that is

Mike DeHaan: [30:41] all by design, Dylan. I think

Dylan Koch: [30:42] I agree.

Mike DeHaan: [30:43] Rapid, you know, new headlines and change of information, everything is to detract from the issues of yesterday. Right? And if you constantly create, another new issue, which is so easy to do right now with how unbelievably fast stuff spreads, nothing is really a big deal anymore.

Dylan Koch: [30:59] Yeah. Or any downtime they do have your glue to Instagram or TikTok and you're just riding I your brain

Mike DeHaan: [31:05] really don't think that there is any kind of like world event that if it isn't in like and any sort of like like large event, if it isn't in your backyard that people will care about these days for more than like, I don't know, like a week max, honestly.

Dan Austin: [31:21] Honestly, and then if you care about it for more than a week, you're kind of a whiny bitch. Yeah. Just going forever. It's like, come on, give it a break, dude. God.

Mike DeHaan: [31:29] You know, but like something absolutely cataclysmic could happen. Yeah. Even if it's like two states over from you, you know, the average person will be

Dan Austin: [31:37] like, oh, whatever. I don't care. Yeah. No. It's like, yeah, we the and it's just human nature part of it. Right? And then Mhmm. Then you get divided because then like, yeah, if you do care about something, I was being facetious, but like, then somehow politics have to get involved. Right? And then it's like a red or blue thing. It's like, oh, well, if you think that way, it's because you're stupid.

Mike DeHaan: [31:55] Totally. Well, I mean, like, so imagine if like nine eleven happened in eight days. It is the September 3 right now.

Dan Austin: [32:04] It would bring us all together. We'd all be wearing American flags again. Super No, dude.

Mike DeHaan: [32:09] It would be like a weekend news headline. Yeah. And then it would people would just move on. Like, they wouldn't care

Dan Austin: [32:16] a week later. We're invading Afghanistan and people be like, okay. Cool. Whatever. Oh, see. Yeah. Yeah. Care. I Yeah. Yeah. You're right. Because, like, back when nine eleven happened, there wasn't as much cool stuff to go write your brain on.

Dylan Koch: [32:29] They turned it on on the TV in my third grade classroom. I guess, I remember that. Like

Mike DeHaan: [32:33] That's the universal millennial experience. Everybody drives that. Dan was a Yeah. Dan was a senior in high school, but

Dylan Koch: [32:39] yeah. Dan was a direct already.

Dan Austin: [32:41] I was a sophomore. So give me a few years back. I was a sophomore. I do remember it. And I remember being like, damn, that's crazy. And then that was it was so far away, you know.

Mike DeHaan: [32:51] But no, mean, I I even see stuff like that all the time.

Dylan Koch: [32:53] That's the problem with the media nowadays. Right? Like Yeah. Well, anyway, point being in all this is just buy some Bitcoin and sit on it for ten years.

Dan Austin: [33:01] Why? If I had some advocacy, would say don't buy Bitcoin.

Dylan Koch: [33:06] Dylan explained this Can't wait to clip this for ten years.

Dan Austin: [33:10] Yeah. Don't okay. Okay. You know what? All of the world's money is gonna have to go to Bitcoin. That's where it's gonna have to go. Because Dylan says it's gotta be a million dollars coin.

Dylan Koch: [33:18] All of the world money, no. But you think

Dan Austin: [33:21] chunk of it.

Dylan Koch: [33:21] Let's say you get three to four three to 4% of even just like the total addressable market of money, which is right now is like $400,000,000,000,000. Alright? But that's gonna continue to grow over time as well. That is a 3 to $5,000,000 Bitcoin per coin over the, you know, the course of its life. Well, you know, that time is a little bit further But

Dan Austin: [33:43] That to me is like the amateur entrepreneur going into Shark Tank and being like, if we

Dylan Koch: [33:47] can get 1% of the

Dan Austin: [33:48] market Exactly. We'll be millionaires. Yeah.

Mike DeHaan: [33:51] Yeah. I think about there is, you know, x million of people. All we need is a thousand. It's why don't you start with one?

Dan Austin: [33:58] We only need a thousand people to sign up

Dylan Koch: [34:00] for this.

Mike DeHaan: [34:00] But what they don't know is that every single person around them is playing the same game, and they're way better at it than you.

Dan Austin: [34:05] I give Dylan shit. But, Dylan, you were smarter than me, and you made a better financial move with your Bitcoin.

Dylan Koch: [34:10] It's okay. The whole point of investing is for other people to agree with you later. So

Dan Austin: [34:15] Yeah. Well, I gamble sometimes.

Mike DeHaan: [34:17] Did you steal that from somewhere, Dylan?

Dylan Koch: [34:19] Yeah. It's I'm going there

Mike DeHaan: [34:20] right now.

Dylan Koch: [34:20] No. I've I've read that somewhere else. Like, I like that.

Mike DeHaan: [34:22] I think yeah. That sounds pretty good. I feel like that's you should attribute that to like Abraham Lincoln and put that on a t shirt.

Dylan Koch: [34:27] It's actually from Jim Grant, who was actually featured in The Big Short because he called out in one of the his articles that the housing market was gonna crash back then.

Dan Austin: [34:36] I feel like that's just as lucky as saying it wasn't gonna crash. There's always like somebody.

Dylan Koch: [34:42] Well, mean, if you listen to Michael Burry, who was like, you know, prone for like he was well known for that. You've lost a shit ton of money if you listen to Michael Burry in the past six years.

Dan Austin: [34:51] Right. See? When it

Mike DeHaan: [34:52] comes to investing, any kind of asymmetrical gain is always gonna be down to luck. Unless you are the owner of the company and you are directly driving the growth of it, if it is any kind of passive investment and it's a gain that's like unreasonable, it is always going to be because of luck. There's no doubt about that. Nvidia is a great example. For so long, that was like a gaming stock. Like I remember when I first started buying stocks, when I was like fresh out of college and I was a nerd and I was like, oh, NVIDIA, that'd be a cool stock to own. It was like a couple dollars back then. And the fact that it became like this world changing thing, right, with like all the chip production stuff, a ton of other companies were

Dylan Koch: [35:28] You're making a billion dollars a day.

Mike DeHaan: [35:30] A ton of other companies are trying to do the same thing.

Dan Austin: [35:32] So let me ask you this. So wasn't Jensen Wang the CEO back then too when it was like a small company? Like, did he's like a founder?

Dylan Koch: [35:39] I think so. I think he's been at the helm for like a long time.

Dan Austin: [35:42] Interesting. Because like now people look at him as like, this guy must be the smartest man in the world.

Mike DeHaan: [35:46] He's doing the same thing for a long time. Yeah.

Dan Austin: [35:48] But you know what I mean? It was just like yeah. It's like this, like, flat, like, he just was making these chips for video gamers and

Dylan Koch: [35:53] I don't fully agree with Mike saying that it's purely luck because there are money managers. I mean, they're very, very few and far between. They've done this twenty, thirty years that have clearly, like, have some skill level. Or maybe insider information, but like

Mike DeHaan: [36:06] Well, insider information is one thing. And you can have educated luck though, Dylan. It's not it's not like luck that's the same as, you know, like rolling a dice or drawing a card where it's completely chance. But like, let's say that you've seen half the cards, right? You can make a better guess on what the next half the cards are going to be. If you're at a horse race, you can see the one that has a better genetics that typically runs faster. You can bet on that horse and have more likelihood of winning. Right? But you never know. The horse could also break its leg in the first turn. Right?

Dan Austin: [36:33] It could be

Mike DeHaan: [36:33] a fucking sea biscuit could come in and like be faster than everybody that day.

Dan Austin: [36:37] Yeah. What I have found when you look at people that have these meteoric rises, Jensen Wang, for example, or just people in our network, it's usually I think it's luck of timing is a lot of it. It's like you they were prepared and had what was necessary when when it was going to basically be the the rocket fuel to that engine, and they wouldn't have known that. They didn't know that. Like, Jensen Huang never knew like, oh, yeah. This is gonna be the biggest company in the world. We're gonna be he's like, I'm just making as many chips for video game guys as I can for video game laptops and all that stuff. Bitcoin, all that stuff, all the need for the graphics cards, like, they're totally you couldn't have known that. But he was prepared and ready and took advantage of the timing.

Dylan Koch: [37:14] Do you remember the book Outliers by Malcolm Gladwell?

Dan Austin: [37:17] I've heard of it, but I don't

Dylan Koch: [37:18] I read it a long time ago, but I do remember they're basically saying like, hey, like Bill Gates wouldn't have been Bill Gates if he wasn't born to his parents and had access to this, like, one computer that no one else had access to in the early seventies or whenever it

Mike DeHaan: [37:29] was.

Dan Austin: [37:29] Because that was, the most powerful man in Seattle at the time.

Dylan Koch: [37:32] Yeah. Or I think another example they used was, a very high percentage of professional hockey players are born within like forty five days of each other. Being able to like practice

Mike DeHaan: [37:41] Oh, yeah. Because they're born they're born in August because they're the oldest Yeah. In their

Dylan Koch: [37:45] I've heard

Mike DeHaan: [37:45] this before.

Dylan Koch: [37:46] And so, like, those kind of things, like, hell, even if you wanna bring this, like, to a personal level, my portfolio has probably done well because I'm in a Midwest city that hasn't had, like, a huge correction.

Dan Austin: [37:56] Yeah.

Dylan Koch: [37:56] That's quote unquote luck. But to Dan's point, like, you also have to be prepared for that luck.

Dan Austin: [38:01] Be prepared for the right time.

Mike DeHaan: [38:02] I was gonna bring this full circle and go back to real estate before we finish up here. But I think the perfect example of this is pretty much every single real estate guru that you know. Dan and I included in this and you dealing, so you're part of the same meteoric rise. Right, have made a significant portion of our money because we happen to be buying real estate before or during the 2021 period. Right? And it wasn't that we started. We didn't see it. And we like, we're like, we need to start in the middle of twenty twenty one because you're too late. We had already had stuff going at that point. Right? Oh, don't you mind after that. I might have spoke for you and been incorrect.

Dylan Koch: [38:37] My first property is April 2022.

Mike DeHaan: [38:39] Okay. So you're there you go. So you're the exception. Right? But to your point, you're in that market. But like, if you look at like the Brandon Turners, pretty much everyone that's ever been a bigger pockets guest, a huge amount of their success is going to be because they were active before the market because when they were dabbling in, and now they became the coolest person that they know because the luck happened of the incredible real estate boom that happened in '21 and '22.

Dylan Koch: [39:00] I agree. I hold on to that.

Mike DeHaan: [39:01] And they all think that they knew that. They all act like they're the smartest person in the room. Right? And that they've been, oh, yeah. You've just do this for long enough. You'll be rich like me. It's like, no, bro. You got freaking lucky. Like, honestly. Exactly. Especially because that was leveraged returns too.

Dan Austin: [39:15] Yeah.

Dylan Koch: [39:15] Yeah. I've said this to a lot of people. Like, if you were to put some of those same people, you know, pick your influencer, some of them still would have been successful, but almost like 10 x less successful. Mhmm. Like, just because of the market. Easily. That happened at the time.

Mike DeHaan: [39:27] And I think the perfect example of that is how so many of them have lost everything and are failing now. And they can't figure out how to make a dollar no matter how hard they try.

Dan Austin: [39:37] And those are the ones that thought that they were the reason for their success.

Mike DeHaan: [39:40] The Exactly.

Dylan Koch: [39:41] Yeah. You notice that you don't see any of the go bigger sooner advice anymore.

Mike DeHaan: [39:45] No, you really don't. Yeah. Yeah. They all got bit by that one.

Dylan Koch: [39:49] Yeah. And because it, just as quickly as it can come up, it can code out even faster. So

Mike DeHaan: [39:55] Mhmm. Yeah. And the and the people that I would say that were in that realm that are now sort of have fallen off and are grinding away at their own businesses, those are probably the ones that know how to make money. Right? And they're kind of figured it out. But you don't hear from them anymore, you know, because they aren't riding that train because they kinda got humbled and they recognize that that was kind of bullshit. So, you know, and there's it's gonna just continue to be more and more, but that's that's part of everything. Right? Is you have to be in the right place at the right time to really capitalize on anything.

Dan Austin: [40:25] I'm just waiting for the market to crash so I can make all my money in real estate. I still hear that today.

Mike DeHaan: [40:31] I know. People see it.

Dylan Koch: [40:32] Yeah. I mean, the the other side of the same token is like the omission of not doing anything. Right? Like Yeah. Imagine sitting in 2008, 2009, 2010, and, you were right, but then you still didn't buy anything. Like Mhmm. Yeah.

Dan Austin: [40:45] Yeah. That's the problem.

Mike DeHaan: [40:47] It's because they're not never take any action. Never play in the game.

Dan Austin: [40:49] You do gotta play the game.

Mike DeHaan: [40:50] Alright, everybody. Thanks for listening, and we'll talk to guys next week.

Dan Austin: [40:53] See you.

Mike DeHaan: [40:54] This episode is sponsored by Sir Lenzelot LLC, also known as SLA Capital, which, if you didn't know, is Dan and I's private lending company. So, yes, we are sponsoring our own show, but what you gonna do about it? It is our private lending company that offers hard money and DSCR loans to real estate investors of all types. So you can be a new investor, an experienced investor. You can be buying flips. You can be buying rentals, whatever. We can do everything. And not only that, but the rates that we offer are just as competitive, if not cheaper, than pretty much every other company out there. So whatever big company you've been working with, bring us their term sheets, I guarantee that we can probably beat it. We have the same connections they do. We just don't have all the overhead and middlemen. So you wanna come and check us out, go to slacapital.com/keys, and I will know that you came from the show. And by seeing that you came from here, when you get the closing, you will save $500 on your first loan with us. So slacapital.com/keys, we would love to fund your next deal. Thanks for listening, everyone. If you want more from us, you can shoot us a follow on Instagram. I am at Mike underscore invest. Dan is at investor man. Dan and Dylan is at Dylan underscore does underscore deals. Choose to follow and send us a DM to let us know what you think of the show.