00;00;06;14 - 00;00;31;20

Unknown

Welcome to the Profit First for Real Estate Investing podcast. Every week we bring you top investors and experts sharing how they create clarity, cash flow and consistent profit. This episode is brought to you by simple CFO. Profit first. Profit always. Let's go. Hey, everyone! Back with a super special episode of the Profit First podcast! I'm so excited for this one today because this is so different than what we normally do.

00;00;31;22 - 00;00;50;00

Unknown

Usually it's just, you know, we do the interviews. Those are nice and like we get to pull out of people like where their money's going, all that stuff. Today I have two super special guests. We have Tanya Collins, Tom Nardone, two of my personal friends that I get to share a very cool experience with and that I have shared multiple times in the past.

00;00;50;00 - 00;01;15;24

Unknown

So we'll go into what we're talking about. But Tom, Tanya, it's good to see you today. Thanks for having us, David. Yeah. Thank you. Of course, like two of my friends. I love what you guys do. So today, if you're listening, we're going to talk about something that's coming up very shortly. We're going on what's called the Investor Addicts Cruise, which is a bunch of real estate investors and private lenders get together on a ship, and we get to do deals together.

00;01;15;27 - 00;01;30;16

Unknown

And I want to just put this out there right at the start of this episode. If you're interested, you need to sign up now. If you. I will be there. Tom and Tanya will be there. A bunch of other people from the real estate world will be there. So I'm going to just put this out there right now.

00;01;30;23 - 00;01;48;01

Unknown

Go to investor addicts.com. So like, you don't even have to listen to the rest of the episode if I've already sold you up front. So investor at stock go look at it. Go with it when the dates are and everything. But it's very important to sign up soon because the ship could say, hey, we're full and I promise you will want to come to this.

00;01;48;01 - 00;02;05;03

Unknown

So now that I've set the groundwork here, let's talk about it. Tom. Tanya, like, what is the investor cruise? I don't care who takes it away, but someone tell us just the overview and like, where are we going? What are we doing? Who's going to be there? That type of stuff? Sure. Would you like me to start? Yeah.

00;02;05;04 - 00;02;30;26

Unknown

Hit it. Tom. Go ahead. Okay. This originally started with a couple friends of ours. Quincy Long and Walter Woolford, and they started this, I want to say maybe ten plus years ago. In fact, David, I think you're on board that basic group of folks. I was at the time was called the Financial Friends Network. But, we since then rearranged the crews, changed who runs the crews?

00;02;30;27 - 00;03;06;16

Unknown

And we call it the Investor Addicts Cruising Group now. And as you mentioned, you can find more about us at Investor addicts.com. But what it initially started at, as was Quincy, had a custodian for a big self-directed IRA company, and it would draw a lot of account holders from quest at the time, and they would enjoy going on the cruise, and it developed into a place where people have capital in their self-directed retirement accounts that they want to deploy.

00;03;06;19 - 00;03;30;18

Unknown

And I know for me to start attending those cruises back in the day, it was a blessing for me to meet those people and be able to fund my deals. And I'll let Tanya comment on that. But I think she had quite a bit of the same experience. Yeah, I, I met Tom pretty early on and, you know, really what it was, was opening my eyes to what was available.

00;03;30;18 - 00;03;56;00

Unknown

I didn't even know that any of these things were available. And so the education piece and meeting all these people that ended up becoming my now lifelong friends have been pretty amazing. It's been really a life changing thing for my business. So and, and, you know, and I think for everybody else and we really have developed into a family.

00;03;56;03 - 00;04;18;05

Unknown

And so we attend a lot of these educational events, not just hours but other people's events, throughout the nation. And it's just a really, really great community. It really is. I have so many things that I could be saying, I, I don't know if you guys know this story, but I started coming with the group that I was a part of in my early days.

00;04;18;05 - 00;04;37;12

Unknown

So if you're if you've listened to any of my stuff in my early 20s, I was a part of a company that we were doing lots of deals and going bonkers, like doing 25 deals a month. So we got invited to this cruise and I was on that cruise, and I'll never forget that one. It was so I opening to me like, okay, this is awesome.

00;04;37;12 - 00;04;53;10

Unknown

It was the first time I went on a cruise, so I was like, this is like the best thing ever. It's like a city on, you know, floating on the water. Then we got to sit in those rooms and the rooms were incredible because the people there, the lenders, the, you know, the real estate investors like actually doing deals together and like getting the funding and all that stuff.

00;04;53;10 - 00;05;13;12

Unknown

That was cool. But the coolest thing is I met Rich Lennon there on the cruise and Rich I like, okay, it gets crazy because we would not have this podcast without this cruise. Because I met Rich. I worked with Rich after I was a part of that company up in northwest Indiana, moved to Richmond to work with Rich Lennon.

00;05;13;16 - 00;05;44;08

Unknown

That's what started simple CFO. That's what started me writing the book Profit First. Like, I owe a lot to these cruises and everything because I met Rich there, and Rich was like the linchpin for everything else going to what we have now. So I am a huge fan of these cruises and what they can put you on on the path, because it is it's I've been a lot of mastermind events where you're sitting in the hotel rooms and all that, and this is incredibly different because you don't just sit in these rooms and work on business the whole time.

00;05;44;11 - 00;06;07;00

Unknown

Business gets done on the ship, but then you're on a ship and you're going to the Caribbean, and you're going to these cool places where you get to really get to know people and the relationships there, too. So I think I'm doing the most selling here, but I'm like, if you're listening to this and you want to go on this cruise, like, I will introduce you to people on this cruise, I'll introduce you to all the Vestas, the lenders, like I want to be that catalyst for you.

00;06;07;01 - 00;06;22;27

Unknown

If you're listening to this go to investor. Com like I want to see you there because even if you're getting started, it would be a good place to learn. But then also see what are people doing that are down the road. What are lenders looking for. And like if I want to bring them a deal, what do I even put in front of them?

00;06;22;27 - 00;06;42;23

Unknown

And like being able to have real conversations with people if you're just getting started, or if you're one of the people that listen to me on the regular, and you also have like a huge business, this is an incredible opportunity to come on this ship and rub shoulders with other people that are doing deals, but then also the lenders that are looking for the deals to fund that you have.

00;06;42;24 - 00;07;02;07

Unknown

Because if you're looking for those hired, so you're hired. You don't you're are marketing out. Thank you. Well I it blows my mind I'll go to some of these events and then they'll start to talk about, oh we need private lenders or we need more funding. And it's like they've got all the, you know, the big companies and, you know, like all the different things.

00;07;02;10 - 00;07;19;09

Unknown

And I'm like, have you ever heard of this? And I talk about investor acts. They're like, what? I'm like, yeah, yeah. You literally are on a ship with other real estate investors and lenders and like you get to actually build these relationships and everyone's just drops. And so I've sent that link out probably a dozen times over the last couple of years.

00;07;19;11 - 00;07;35;22

Unknown

Just like you have to you have to take at least give it a chance. Look at it, that type of thing. But I know I am talking honestly. I get trained on podcast hosting and I'm like supposed to talk like 10% of the time. I am definitely not doing that this time. So I think I'd be the worst host ever.

00;07;35;23 - 00;07;53;17

Unknown

But I'm excited about this cruise. I'm excited because of what the impact it made in my life, and I don't think I've even never shared that from the podcast of, you know, because there's so many things, right? And like that goes into a backstory and it's sometimes even forget. And I was I was very profoundly impacted over the years by this group.

00;07;53;17 - 00;08;09;27

Unknown

So that's why I'd love to have you go go to investor.com. Like why have you not stopped listening to us gone to that website at least looked at it at this point. You know, like okay, so talk about I don't know, what else do you want to talk about where we're going, what the dates are. Do you want to talk about the ship?

00;08;09;27 - 00;08;32;00

Unknown

Do you want to talk about the people? Like tell us some more things that I can't talk about as you can help. Well, it if if I can if I can take the wheel on now. Yeah, sure. It's. You know, if you're listening to this message and you're either a beginning investor, which a lot of people are just starting out and they don't know where they're going to get their funding from for a deal.

00;08;32;03 - 00;08;57;29

Unknown

Well, this cruise is for both people, not just the beginning person, but also the person who maybe is the more advanced investor and has a self-directed retirement account. And they want to put some money out there on the street to work. Because when you have a ship full of people that get to go to dinner together and get to go to shows together, you build really a personal bonding relationship between the two.

00;08;58;02 - 00;09;19;22

Unknown

And if you're young, you probably don't have a lot, of lot of, you know, capital starting out. But you probably have deal flow. So it's a good place where if you're starting and you got deal flow but you don't have capital, you can match that with people who have capital. And it's the perfect mix of of both those types of people.

00;09;19;28 - 00;09;49;18

Unknown

And the other thing I want to say is there's so many smart minds on board the ship that usually in the morning down by the coffee shop, like on the main, you know, atrium deck or whatever it's called, you could find people sitting there that you can just go up to and start a conversation with. I'll tell you, when I was on the ship two years ago, I was looking at a multimillion dollar deal, and we had made an offer on it, and my offer got rejected.

00;09;49;26 - 00;10;13;11

Unknown

So I sat down with like five of the sharpest people I could find from the cruise. I said, what would you guys do different in presenting this offer? Again, because I have another bite at the apple here. I took all their five suggestions. I picked my top three favorite suggestions. I went back to that seller, we made the offer and we got the deal done and we funded it too.

00;10;13;12 - 00;10;37;09

Unknown

So it was it's things that that's what it's for. This is not just a fun event. It's a it will be fun, I guarantee you that. But it's a place to learn and put deals together and get great networking advice with people smarter than you. So are you really? It is such a personal community and it's true. It's true that it's not like other events that I've been to.

00;10;37;16 - 00;11;04;12

Unknown

If you've not attended and you're hesitant about it. Don't be because we're so welcoming and friendly and work to integrate everybody. And and like you mentioned, David, because you spend this time with each other, grabbing a coffee or going off the ship, having these different moments by the end of the week, you know exactly who you trust and who you don't trust and who you like and who you don't like.

00;11;04;13 - 00;11;27;06

Unknown

And, we have fostered relationships that are, like I said, nationwide, so that if we have somebody that I want to know something about mobile homes, I've got, I've got my expert who I want to go to or if I want to know about Airbnbs, I know my expert. And and the thing is about real estate investing is so often it's such a solar adventure.

00;11;27;07 - 00;11;49;23

Unknown

Right. And you feel very isolated in your own local community, may not provide the education or the resources or the community that you need. Well, this is it. And it's on a on a different scale. And it's just just so great. No, I love it. And one of the things that blows my mind that I've seen over the last couple cruises that I went to.

00;11;49;25 - 00;12;18;00

Unknown

Do you still do the deal night where you, like, put deals up and you put like, who has money in like that? Because if you're not, you should. And I'm telling people that you are going to do it. So like I, I thought it was incredible some of those nights that you would do that. And people were doing real deals there and, and even me, I didn't have like a deal to put up or, or money to lend, you know, on that night and I but I still sat there with my jaw dropping, just of how cool it was to have to, to see people just to open your mind to the idea of how

00;12;18;00 - 00;12;36;27

Unknown

it works, how it works. So I thought that was incredible. I also, okay, I'm going to throw this out there since this is my audience here for profit. First, if you come on this ship, like, I'll send you whatever you want. Like I'll sit down with you and do a profit first, like whole blitz of your business. If you want that, I'll give you my book, whatever it might be.

00;12;36;28 - 00;13;03;08

Unknown

But I was also wondering, too, for you to. I'm asking. I have not asked them this beforehand. This is not planned or stage whatsoever, so I'll see what they say. But I've gone deep into the AI side of things and I've built some bots, and I've built this really cool one for personal finance. And if Tom and Tanya are okay with it, anyone that comes, anyone that comes on, I will show you what it is and I will give you the system, like for free.

00;13;03;09 - 00;13;25;04

Unknown

If you come on this cruise, I will give you this whole thing, that amazing net. You don't just get a system and tools. You get someone who does the work because the bot does the work. So I'll show you how to set that up and like what it does. And it saved my wife hours and hours a week of logging stuff in because we did things manually, because I don't like QuickBooks for you or quicken or like all the personal finance tools suck.

00;13;25;05 - 00;13;41;03

Unknown

Honestly, they do because they don't incorporate everything that an entrepreneur needs. And like, I want to be able to also project and like, know how much I have left in a certain budget and I'm a profit first guy. So it's like, I want to know how much for a certain category I still have. So I've built it out completely.

00;13;41;03 - 00;14;00;20

Unknown

I think I've made it as simple as humanly possible, and it's literally saved us a ton of headache at times on my end. So I like, if you come on this cruise, you're listening to this, that will be something that I go through as well. Maybe one of the nights we can just sit down there. As long as do these cruises still have, Elon Musk internet because that internet rocked the last time I went.

00;14;00;21 - 00;14;20;17

Unknown

So hopefully they've got a good internet on the ship. Yeah, the Starlink. Then I'm going to pay for the most so I can show people and walk them through that. So they're I'm going to throw that out there. Sounds like they're in Angel with it. So yes, there is an amazing I'll put that. I also like a yeah good idea I love the cat.

00;14;20;18 - 00;14;47;07

Unknown

It's a really a prime example of the generosity of what people do and how they behave on this. And this is not like a money grab situation where, you know, we're always, you know, oh, you need to buy this and you need to have this $10,000 guru. It's not that at all. It's. Yeah, it's, people, you know, the real deals, real generous, giving spirit.

00;14;47;08 - 00;15;11;12

Unknown

And and also, by the way, we are supporting chair the love a, you know, a charity that they collect money and then buy wheelchairs and distributed to third world countries. And that is an amazing event too. So that's going to be our I want it man. I used to have that up there. We we give to that on a regular basis on a monthly basis.

00;15;11;12 - 00;15;33;25

Unknown

That's one of the things we do and I think we have it. If you go to simple cfo.com, you might be able to find it there because I think we put on like some of the things that we give to. So there if you need, if you want to go see what some of the things that like the chair of the love or some of that, you could go to our site, but then it's incredible because literally we're there on the ship with a bunch of giving people where, yes, we'll do the chair of the love auction.

00;15;33;25 - 00;15;49;21

Unknown

And that's incredible, because then people give all these different things and you actually get some. I had I had some really cool things in the past that I've won and been able to do, but then also it's things like what I just gave, like, if you come on the ship and I'll help you, you know, show how to do this personal finance.

00;15;49;27 - 00;16;07;19

Unknown

But there's other people that give these types of stuff, like what times they're like sitting down and going through a deal like that. He's really like a multi-million dollar deal. Like, these are the types of people that come on the ship. So we'd love to see you there. So that's investor addicts. Com again, if you've heard me say this like now for the third time and haven't gone there, what are you doing.

00;16;07;20 - 00;16;25;23

Unknown

Like this is and I get nothing for this like Tom and Tanya not paying me like I don't want anything from them. I just. You saw why I'm so passionate. It's because of these cruises of why I'm even sitting right here talking to them and coming on their ship. So I'm, like, super excited about this. I'd love to see you there.

00;16;25;25 - 00;16;44;13

Unknown

Is there anything else that you want guys want to put out there or anything else that they should know? Before we wrap this up, maybe just give them a little bit of the details of the cruise. But I will honestly say when I step on the cruise ship, I just want know that I, I want this investor community and I want to spend time with them.

00;16;44;14 - 00;17;06;25

Unknown

Yeah, I really don't even know where we're going, you know? So true. Just just to tell you where we are going. First of all, it's one of the biggest, baddest ships on the water. Yeah. Symphony of the seas by, By Royal. I love royal. Big oasis class of ships. It is not some rummy dummy, you know. Needs to be retired ship.

00;17;06;25 - 00;17;31;28

Unknown

It is one of the best ones out there. We leave on January 17th, 2027 out of Galveston, Texas, and we're going to be stopping in, Cozumel, Mexico. Roatan, Honduras, port of Costa mesa, Mexico, and then back to Galveston with three days at sea in between. To kind of tell you how this works is when we are at sea, well, there's nothing to see.

00;17;31;28 - 00;17;56;07

Unknown

But, you know, water on the horizon out there. So we're usually in a conference center. So we're not just like tucked into a, a restaurant that's not being used or something like that. We have our own conference center and we're in classes during the day. And you're going to hear people like David, people like Tonya and myself are going to be seeing the thing, but you're going to hear from other very smart and intelligent speakers as well.

00;17;56;09 - 00;18;12;18

Unknown

So that happens while we're at sea. And then when we get into port, then you just have fun like you would on any other cruise while we're in port, so you can enjoy yourself as well. I love those days at sea there, so I like I love being in those rooms. That's where you get to really rub shoulders with people and there.

00;18;12;18 - 00;18;28;00

Unknown

And not that I don't like going off the ship, but like and that's fun. But like I'm here to to have those relationships and I think they really bond there. And you get to be able to see who's in this room, who's who's actually doing the deals, what you know. And how can I get better too? So yeah, I'm glad you brought that up.

00;18;28;00 - 00;18;47;20

Unknown

And the details were good. Yeah. And we each dine together at, you know, each night. So we, you know, you get a lot of good conversation that happens. It's very organic. And it happens when you break bread together. So that's also, really great. It really is. Yeah. I mean, maybe one additional point if you haven't figured it out.

00;18;47;21 - 00;19;09;04

Unknown

We play I live in sunny South Florida where it's more them all the time. But if you're coming from the cold north, like right now, I'm actually in new Jersey and I remember. Sorry. On January 6th. Yeah. Sorry. It's going to get worse in 17. It's it's where I grew up actually. It's my home state, but I remember it was literally zero degrees when I was here in January.

00;19;09;04 - 00;19;27;26

Unknown

So if you're in a cold weather state, a guarantee of the weather's going to be warm on this cruise. We're going to all the Caribbean places and bring your bathing suit type of thing. It's total change from being in the ice and snow. Yeah, and I like that. It's the port is in the middle of the country. So if you're on the West Coast and you're listening to us, you can get to Texas.

00;19;27;26 - 00;19;44;09

Unknown

If you're on the East Coast, you could get to Texas. It's right there in the middle if you're in the Midwest, obviously super easy to get there. So this is where we're going out of. And then we're going to be together on the ship for seven days. It's I it was it still is. It's one of my top experiences of my life so far because I love cruises.

00;19;44;14 - 00;20;00;06

Unknown

But then you add the concept of like, oh wow, I'm actually getting around the people that think like me that can help sharpen the ax. Who can I help and who can I, you know, invest in as well, but then also like, what do deals like, what can we do and who do I want to bond with here?

00;20;00;06 - 00;20;23;04

Unknown

And what are the the opportunities? The opportunities are incredible on their ship. So those are the details January 17th. We're leaving. You need to register now if you are listening to this right this second, because the ship at any time could say, hey, we're full. It's done over. We already have multiple people signed up that are already going on this cruise, but we would love if you're listening to this, coming on the cruise with us.

00;20;23;04 - 00;20;41;17

Unknown

So again, and as if I haven't beaten you over the head, enough with it. It's investor addicts like, you know, a real estate addict. I want you to be at this cruise. It's investor addicts.com. And then if you're on this ship, like I said, there's going to be cool things there. Like the things that we talk about. But then I'll help you with the bot.

00;20;41;17 - 00;20;54;11

Unknown

I'll build a bot for you or help you and walk you through the personal finance. I'll give you this system and then it will actually do it for you, which is so cool and it's saving us so much time. Then we can show you other things as well. There's lots of things we did at Cash Flow Night one night.

00;20;54;11 - 00;21;12;14

Unknown

If we're going to do that again, then I can. Yeah, I think we should probably do that again because that was a lot of fun. Because if you're newer in real estate, it helps you open your eyes without having to take the risk. If you're already in real estate, you can see, okay, can I do as well on paper as I do in the real world, you know, and like being able to actually make deals happen, which is so cool.

00;21;12;14 - 00;21;31;05

Unknown

So anything else that you guys want to share before we wrap it up? Thank you again. This opportunity. Yeah yeah. Well thanks I love you guys I love this and I'm super excited about being there. I'm registered I am all set to go. So now oh also make sure you have your passport. You have to have your passport too.

00;21;31;07 - 00;21;49;02

Unknown

So that's like a huge thing that you need to make sure you have before going on the ship because we are going off, you know, other places as well. So you need your passport needs to be like not six months from expiration and all that stuff too. So they'll they'll send you all this info if you register right now, you have plenty of time.

00;21;49;05 - 00;22;04;20

Unknown

Like to go get your passport. If you've never have your passport. It's not a painful process, especially in today's world. There's like other places that do it besides just government buildings now, which is great. You know, you can get it at staples and other things. So it's super easy. So don't let that stop you. Don't let anything stop you.

00;22;04;21 - 00;22;27;08

Unknown

If you're listening to this go to investor. We'd love to have you there. Tom. Tanya, thank you so much for being here right now for hosting this as well too. Thanks, David. Thank you, thank you, thank you. That's it for today's show. Be sure to subscribe, review and share this episode. If you're serious about financial systems and keeping more of your profit, visit simplecfo.com to take your free discovery call today.