Long story short, it took me like three years to burn through over seven figures as a mid-20s guy. Wow. Really stupid. So long story short, I get sober, finally go to the oil field. And I get to work out there and learn to have self-confidence, self-esteem, value of hard work. I'm actually earning real money. I mean, that was tough, dude. But it was a great place to be. I wanted to try to get some more of that money that I had before.

Yeah.

You know, it's interesting. People like, they talk about, you know, man, dude, my family had nothing. You know, I'm starting from such a bad spot. And it's like, yeah, but you also get the chance to earn perseverance and go through trials and all these things. Then you like see these trust fund kids who they're wrecks, dude, because they never had to work. They never earned anything. Like it was just all given to them and they blow it. And, you know, for a lot of them, it just keeps coming. And so they never like have purpose. And then you're, you're kind of like in between where you got some money and you blew it. Well, the challenge there is so I grew up, dad, he was a CPA, but personality problems, alcohol problems, runs in our family. Yeah. So he didn't really have much resources. So we were living. We've been, we've been evicted by the sheriff in my dad's seller finance house when I was getting off the bus and they're loading my stuff

on the curb like I experienced that as a kid yeah so we didn't grow up with much at all mom

did the best when she was a single mom wasn't great but then all this money comes in her bank

out I wasn't prepared and I was in a bad place yeah but having those tough times for sure is what

allowed me to figure out I don't want this anymore so that was one of the more important parts of anything for sure is what allowed me to figure out, I don't want this anymore.

So that was one of the more important parts of anything for sure.

Yeah. So you go in the oil fields, you start like earning a living really for the first time.

Yeah.

How does that lead to real estate?

Dad was the CPA. And while he was a mess of a CPA, he did have these clients that were wealthy.

And they all had

some sort of business that they owned it or real estate. And I thought, maybe I want to do that.

So I'm looking online, just trying to figure out and I start going to San Antonio, which is,

so you got Midland and Odessa, two bigger oil fields in the world in Texas. And I end up working

out there while I come to San Antonio every couple weekends, just getting a little time off. Yeah. And I'm just trying to find some. I've saved up a couple hundred grand at this point. I'm scared to lose the money. Just like the first time that it was just going quick. Now I'm like, I don't want to lose it. Living like a miser in a little RV. Yeah. Stacking up money. And I'll start to see the east side of San Antonio. These lots are $5,000. Seventh largest city in the United States. I got a couple hundred grand. I can buy a lot of these. But my biggest fear was the downside. I'd already had this money. I'd flipped a couple houses when I had the money in my bank account. Didn't last long. Didn't do well because I made terrible decisions. And I was so worried about losing it. So I'm looking at this saying this is an infill lot, single family, 5,000 square foot in the seventh largest city in the States. If I buy it for $5,000, what's the probability that goes down in value low right my downside is significant is severely limited that's a four

bingo so i don't lose If I buy it for five grand, what's the probability that goes down in value? Low. Right.

My downside is severely limited.

Goes to four. Bingo. So I don't lose five grand. I only have 1,000 at risk, not five. Yeah, yeah. So I just, you know, the addict in me goes deep. So once I decide this is it, I go knocking on doors by a couple dozen, I'm blow my whole savings. and I'm hoping like I'm I'm hoping something happens. There was no, like, reason why you chose lander than, dude, this is cheap and this is a big city. Like, let's just do it. It was cheap and the taxes were low. I'd gone through financial problems in the past. And the tax burden was like 200 bucks a month a lot or 200 bucks a year a lot. Yeah. So my job can pay these taxes all day long. I'll never risk losing

these. Yeah, not like a rental where you do have a mortgage and, you know, more risk. But you got to find these tenants. I don't want that. Yeah. So you buy all these lots and what happens? I get laid off. Well, I'm about to get laid off in the old field. And this realtor calls me and makes an offer 532 Dawson, one of the first ones I bought for 10 grand.

Uh-huh.

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