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welcome to miss SW I'm just an egg I just want my privacy hey i Kin I'm not going to talk like that the whole time hey uh I just wanted to give you a quick update I might be a bear ogre uh but there's one thing I do really well and and even though it's Halloween it's real estate and I want you to know that the simplest way I could explain who I am or what I do is I do real estate really well I run a small business called House Haack and if you want to learn more about investing in it go to house hack.com but I can also make it simple for you you might wonder why do we call it house sack it's really simple we buy really crappy houses like Shacks in a swamp you know ones with milw and M and lead and Asbestos and all the other stuff you just definitely don't want to live in except we buy those homes in high quality areas with a lot of homeowners in the neighborhoods and we take these unlivable homes and we make them livable again we actually help everybody out by not only getting the worst first house out of the neighborhood for the neighbors but we also enable somebody to move into it we don't want to hold these properties forever we want to rent them out to tenants and in the future sell them to another homeowner but we're going to hold them for a while first and you might ask yourself well Kevin why would you hold them at all why not just flip them because we don't want to pay the taxes so we're just going to 10:31 exchange these prop properties after we hold them for a few years we'll minimize our taxes and after we build out a really large portfolio over many years we'll be able to do that over and over and over again and we'll never ideally have to pay taxes on these roles because we'll just always have new properties coming up ready to roll whether we do that on single sales or to funds many whatever it doesn't matter the difference with us is we just don't buy any real estate State that's on the market we buy stuff that's a good deal and we do that using my wedge finder Ai and a napkin it's that simple my AI identifies the deals then I take a napkin if I if if a donkey and an urer can underwrite the deal and there's 20% value in it we buy it and if there's not we don't we use the pending coms and we use the recent coms in the last 3 months that's it we didn't get any further back what in the world do you go further back for that's it we own $60 million of free and clear real estate so yeah right now it's a really complicated thing we're doing we're doing this thing called a convertible bond for accredited investors hopefully soon we can do something for non accredit too if I could do it today I would but we can't just a credit right now if you're a credit investor you might ask yourself e what's a convertible Bond why do I care about that is this for a donkey what is it how do you pay the yield it's simple we pay the yield from the rent that we collect then when we raise money we buy more real estate the more we can grow the company the more once we've been doing this for two to three years we could start rolling the real estate and real realizing the profits it's that simple buy good deals in the future we sell them and don't pay taxes on them because we'll use the 1031 when we can now a lot of people wonder but Kevin when are you ever going to IPO trust me I want to IPO as soon as possible but I can't make a promise as to when we're going to IPO because we could literally go 99% of the way to an IPO and then there's a recession and all of a sudden we can't so of course we have language in our paperwork that's C that lawyers put in there for the odd chance that something goes wrong can something go wrong of course but it's $60 million of free and clear real estate even if the real estate market tanks we just sit and collect rents we feel insulated we bought it for 50 mil we turned it into 60 because we got good deals that's 20% now more money we raise the more we do that we're real estate companies we're a simple real estate company we fix houses and we out we do the property management and what we do in a few years you just have to believe that we're always going to do what's best for the company so if you want to make 5% on your money per year between now and the end of 2026 maybe longer you can invest in these convertible bonds and when we first started the offering that was until at least the end of 2029 but people asked us Kevin what happens if you guys IPO sooner we want to be able to convert to share sooner so we modified it to the end of 2026 just in case we happen to IPO sooner you get to convert sooner our goal in the future I don't know when but it is to IPO this company because then we'll have access to Capital markets and we'll really get to grow this puppy together that's my hope now look some people also wonder is it a profitable company and I want you to know that after 13 months this quarter Q4 2024 is expected to be EIT profitable that basically means before depreciation and outside of one-time miscellaneous expenses like attorney fees for raising money we're a profitable company so if we sit around and do nothing we are profitable with the rents we collect after we pay salaries and our accounting costs and everything we're profitable so the money we make go goes into more real estate the money we raise goes into more real estate and we take that and make more money that's our job so if you're interested go to househ hack.com we might end up closing this round sooner than expected we said December 13th on the offering and on the website but I think the offer is really good and there's some things coming up that are really good hopefully no guarantees you know we always have to balance what we say so things could go bad obviously Investments could lose money but if things go as planned we'll probably end this round significantly sooner than expected so if you're interested you think this might be right for you come join us oh and keep in mind anybody who invests in this Bond offering which I'm personally investing into as well these bonds get my personal guarantee so yeah I've got skin in the game this is who I am I am a real estate investor at heart and an educator house hack is my baby and my legacy it's my swamp it's Miss swamp and if you want to be a part of it great but if you don't because you want to listen to the donkeys the haters that'll talk your ear off reading you the black and white disclosure text then that's fine in fact you know what we encourage you there are plenty of haters that think we're a scam and it's either because they don't like us maybe that's true there are a lot of people who don't like us fortunately we think they're relatively few we think the majority of people really do support what we do and the education and value we share and they know we have the best of interests involved for everyone we have the best intentions for everyone and plan to do the best for everyone but if you really want some Doom and Gloom and someone to read you some fine print C a text make sure to subscribe to depressing people that'll call you their friend like Chris Nolan or some weird shirtless guy like strongman personal finance now at least strongman personal finance is in America and actually has a financial background and is probably using his real name when he talks to you unlike the other dude but hey look there always going to be people on YouTube pooping on others because that's how they get views that's how they grow their Channel That's that's how they make a living and so I encourage you to make yourself aware with whatever anybody's saying if you want and if you trust us to do the absolute best well you're welcome to join us and if not that's okay we've got plenty of plans to move onwards we won't be here for long now there is no pressure but let's be clear we might end this offer at any point and once it's over it's over and again I'm just trying to provide a heads up clear perspective of what it is that we do at the company if you like it and you want to join us in the arena go to house hack.com all you have to do is sign the doc sign and you're in and we'll text you or call you or email you and we'll do the rest with you in the meantime if you're non accredited stay tuned I enjoy you and if you just hate us and you're still watching watching I don't know why but that's okay I'll go back to my swamp where the other side of my swamp I'm already in my swamp goodbye now and happy Halloween
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