Jonathan M. G. The mortgage guy man. So Matt, we haven't really spoke about real estate in a while. So, you know, this would be a dope a dope conversation. I'm sure that we can, you know, get some rants and gems. No pun intended.

Out of this and get some get some real estate information because

market Monday's is more than just stocks crypto is an investment show. So we can't talk about investing without talking about real estate and you are Mr real estate. So first of all, welcome back to market Monday's.

Look, it's always a pleasure to be with my brothers on the biggest ever channel.

And channels. Okay. I'm sure English teacher out there is saying this guy's great. So shout out shout out to you guys, man. It's always a pleasure being surrounded by greatness.

But yeah, man, oh, shout out to Troy. Man, feeling no shadow back boys. Shout out to the sneakerhead community.

So real, real recognize room. I'm going to jump right into it and just get and get straight to this some gems. You put a post on Instagram a few days ago that I really enjoyed talking about AD use.

And you was educating me on AD use, especially for people like in our neck of the woods. It could be beneficial as far as, you know, so talk about that. Talk about AD use.

So AD use is a accessory dwelling unit, right? So in New York, Westchester Long Island is kind of called like a mother daughter.

Type of property is basically a single family home that has an accessory unit. Some places make home like the in law suite or the grandma suite or whatever the case may be.

And a phenomenon that's happening around the country where a lot of the zoning laws are changing country wide to support AD use because look, there's not enough homes out there for people and people need a place to live.

So like even like Georgia, we just had an episode is going to come out and rent in gems, I think in the next two weeks, but we were talking about AD use in detail and how Georgia completely changed the law a couple years ago, where you.

I think this year, January 2022, they're going to allow you to have multiple AD use on your single family property, right? So this is a home run where folks who are buying single family homes, if you have a detached garage or pool room, a pool house or.

Big enough backyard where you can build a new structure, some counties are different, you got to check your zoning, but it can be up to 700 square feet in size. And now that's an official legal unit on your property and it still doesn't it as a one family property.

So if you get a ADU not only will allow you to get some sort of rental income coming in, but it's also going to appreciate the value of your home as well. So AD use are kind of taking the country by storm right now and it has been over the past couple years, but like California is getting real aggressive, Georgia is now getting aggressive with their zoning laws.

And this is more the follow, I think this is going to start happening all about the country because folks are just building a lot of single family homes and not multi family homes, but you know people want to be able to, you know, cash flow or supplement their mortgage income as home prices continue to.

And if you want to get some rise, you need a way to supplement because people just can't afford some of the homes that they're buying so this is a home run for anyone who has a single family home that might have a detached structure and they want to make some money with their property.

So you earlier this month, the United States lifted the travel ban for over 33 countries right. It's easing restrictions so you know people can come in. But what they're suggesting is that well, the data suggests that overseas buyers are going to come into this market and buy up a lot of real estate, generating tens of billions of sales.

What's your thoughts on this, how can the overseas earners take advantage of it? Look, it's all facts right prior to the pandemic overseas buyers were account for big question of the market, especially in places like Miami, right South Florida, where you have a lot of overseas money coming out there.

So a lot of deals prior to the pandemic for foreign national folks as in Canada, you know, England, China, you know, getting these deals done and they're not always buying cash. A lot of people have the conception that they're paying all cash for these properties is not true. They're getting finance and for these deals as well because you're able to get what's called a foreign national low.

So a lot of wealthy buyers are taking advantage because they don't want to tie up their cash also, but they understand the opportunities to invest here in the US. Now when you lift the travel restrictions, now you're inviting these foreign buyers back into the country if they got their vaccine card.

Now they're going to come back out because during COVID during the pandemic, that was all shut down. A lot of these wealthy buyers were not buying real estate in the US because they couldn't visit right.

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