What's up, wealth builders?

Today, I have got a repeat guest.

Pace Morby's gonna be talking about interest rates,

AI, new business ventures, and so much more. And it's gonna be exciting. What's up, dude? What's up, brother? I walk into your office. Yep. And I'm talking to Brian. Yep. And I overhear the conversation about like, they have a position in the company, which I won't reveal, but they have a position in the company they're worried about

because AI is coming and disrupting your real estate

side, everything else. And I'm like, it's really sad what's going on right now in the real

estate space that there's so much tech that's coming in disrupting, cold calling, lead follow-up,

everything else, where I don't think really anybody is safe in terms of anything other than owning real

estate. Yeah. No, I agree. I'm trying to predict where any job goes, right? Even what we do,

right, as CEOs and social media guys and whatever else. So I'm excited to talk about that.

But I think most people who follow you and many who follow me are for real estate purposes. And so I want to knock out some real estate stuff off the bat. Let's do it. Yeah. What do you think is going to happen with the market rates, all that? First and foremost, I think the only people that would benefit from a market crash are the people that have been predicting a market crash for less 10 years. They finally stopped looking dumb. They'd stop looking dumb.

They would be all these YouTubers with fire emojis behind them would be like, finally I've been vindicated. The market is crashed. Guys, the market's not going to crash. We've had us settling in for the last couple of years. People that are actually in the real estate game and understand supply and demand, understand that we have no crash. The one thing that's super interesting is this last

couple of months, the jobs report is so low and underperforming. I actually think what's going on

is I think Trump is such a genius. I think he manipulated the numbers to come in lower than what

they actually were, fired the statistic lady to blame them so that he could put

pressure on the Fed.

Yeah.

I just looked at the report.

They said that now we were at like a 5% chance that we're going to lower rates this year.

We're now at an 87% chance they're going to lower rates in September.

So we've got 30 days they're lowering rates. I saw they already dropped them for mortgages a little bit. Yeah, they've dropped them like here and there and they kind of stabilized, but we're talking like a full point. Yeah, yeah, like a big drop. We're talking to like a homeowner could go from having a 6% mortgage down to like a 4.9% interest rate. Yeah. Like I think there's going to be a significant drop in September. I think there's going to be a significant drop in September.

I think there's going to be another significant drop in December. And I don't know if it's because of Trump manipulating. I'd love to hear you guys' comments down below. Like, let me know you think it's Trump manipulating, or do you think Trump is actually an idiot, and he missed all of these jobs and he's not doing as good of a job. Now, for me, what's tough is as a guy who does a lot of real estate, people come to me and they say, what do you think is going to happen with rates? I go, I don't care. Yeah. Right? Like, we just closed on two RV parks on seller finance, no money down, zero percent interest. I got my first distribution this week, $22,000 on an RV park that I took over from a retiree.

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