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Welcome to The Legacy Investor Podcast, where we talk money, investing, business, and what it means to leave a legacy for generations to come. Hosted by Cameron Philgreen, this show dives deep into the intersection of entrepreneurship, investing, and legacy-building, all while keeping God at the center. Whether you're a seasoned investor or just starting out, you'll discover how to align your financial journey with your faith, grow wealth with integrity, and create a lasting impact for generations to come. Join in, as we explore practical strategies, real-world stories, and timeless biblical principles to help you honor God in every step of your journey.
Would we have been able to do what we did if we lived in a different city, you're saying? There's places like that, that the price to rent ratio is just not going to work. You're not going to be able to like do the BRRRR method. But I mean, you can flip stuff anywhere, with the exception maybe of like a downtown metropolis like New York City. Even in New York City, though, you could like flip. They have like condos that you can flip a condo. I don't know. But having rental properties that you hold for long term, there are some cities with like better price to rent ratios than others. And I think Waco, you know, it's not phenomenal, but it's definitely not like Austin where prices are high and rents haven't really changed. But there's a lot of cities like I know Dayton, Ohio is one that's like the price to rent ratio is amazing. You can get stuff for relatively cheap. The ARVs are relatively low, but rents are higher. what up everybody welcome back today's show is a little bit different i am using the audio from a podcast that i was a guest on this is with axel meyerhofer i don't know if this episode is coming out before or after my interview with axel on this podcast regardless it's a lot of me talking today also a lot of axel's thoughts and one of my favorite parts about the show was talking about ai and the way it's going to change our industry real estate investing in the world at large but i forgot how much i love like tech and innovation and the way ai is going to change our world so significantly probably more significantly than any invention of the past potentially including you know the automobile the printing press the internet i think ai is is going to change our world more dramatically i'm of the opinion most people believe so anyway looking forward to talking about that and I just love this conversation with him so enjoy this podcast and please tune in to the ideal investor with Axel Mayer Hooper that is his podcast and his show and if you enjoyed this episode please tune in to his show and Hello and welcome again to another episode of the Ideal Investor Show. You know, sometimes you just have me, sometimes you have me with a guest. And today is one of those days. Cameron Philgreen is here. Thank you for coming to the show, Cameron. Great to be with you, Axel. Again, we were just together for my podcast last week. And so I'm excited to chat with you again, man. Thank you. Yeah, absolutely. And I mean, I definitely want our audience to get your insights and your perspectives and stuff like that. Before we jump into that, tell us a little bit to the audience. I know obviously who you are, but you know, they don't. So who is Cameron? What does he do? What are you up to these days? Those kinds of things. Yeah, so 33 years old, real estate investor in Waco, Texas. I have a beautiful wife and three kids, three little kids, four, three, and one. And so that's just kind of the stage of life I'm in. I have 25 or 30 properties, depending on how you count them, and something like 35 units, and started investing in 2020. I did my first BRRRR in 2020 and totally got addicted to it and got the bug and scaled up and made it a goal that year with my wife to get to 25 units by 2025. And we surpassed that goal. We actually ended up with closer to 25 separate properties, separate transactions by 2025. But just setting that goal put us on a trajectory to... be where we are today. And historically, I've done a lot of wedding photography. So I started working for myself in that way and had the time freedom for the most part from the get-go, but no way to retire. No retirement plan, being self-employed. And so my wife and I with YouTube and books kind of discovered real estate investing, the cashflow it can provide. So you can, you know, have more time freedom. And then obviously we can have these assets that will grow in value and that we can, have for our kids and for their college and for our future. And also, you know, hopefully retirement. Little did I know my mindset about that would change. And I no longer really think we're going to have this big lake of money for retirement, but rather this slow trickle of income through cashflow. That's kind of where my mind's at now. And so, yeah, I became financially free a couple of years ago where, you know, in terms of like, I don't really, it's not that I don't worry about money. I still do, but I can kind of wake up and and do a little bit more of what I want, spend more time with my family and not have to like hustle to make a paycheck because the rental properties are bringing in money. So very blessed, very thankful to the Lord for this journey. It's been a lot of fun. And now we have this also coffee shop that we operate called For Keeps, Keeps Coffee. It's specialty coffee in Waco, Texas. And the only reason I was able to fulfill that dream of opening that coffee shop was because we bought our very first property in 2016 and moved into it. And I can talk more about that if you want, just the way real estate investing really can be a means to fulfill your dreams and passions outside of just real estate and cash flow. So that's kind of my story in a nutshell. And super stoked to be on your show, Axel. Thank you for describing that. A couple of questions again for the audience and a little bit for me. You said you started out the first investment properties as a BRRRR strategy. Did you have any kind of construction background, any idea on how to renovate or how did that come about? Great question. So yes, I had a little bit of knowledge just from like, I fixed up a basement with my dad. So my dad's very handy. But I, you know, whenever we moved into our house, man, I remember. painting the house that we moved into in like 2017. And I remember going, I don't want to do anything handy or construction like ever again. And I remember like looking up how to wire a single pole light switch. I mean, it's like the simplest thing ever, but I had to look it up. So that gives you an idea of like, the knowledge I did have, which is next to nothing. But I know how to use a screw gun. I know how to run saws. I know how to cut lumber without hurting myself. So I started out with very little knowledge. But when you get into real estate investing, especially value-add real estate investing, which is often involving construction, you're going to learn stuff pretty quick. You're going to go through YouTube University and learn stuff. So then in 2020, I got this real estate investing thing. I'm like, man, babe, we got to invest in real estate. We got to fix up houses and do this BRRRR method thing. You can end up with almost no money out of pocket at the end of the deal. This is how it works. And you just don't realize when you're fed the dream of financial freedom, you don't realize how much of that does involve construction. So I learned really quick. I mean, I wired a whole house that first investment. I did a bunch of work myself. Again, found out again, I found out all over again, I don't want to be the guy swinging the hammer. So I've since learned how to hire that workout and how to run the numbers so that I can hire the workout. But man, that first investment property, learned so much about construction. I wired the house, did all the plumbing, the supply and the drains. And I think by this point, I could probably build a whole house by myself, but I just choose not to. I'm choosing to hire everything out and choosing to leverage labor in that way. But I am thankful for those lessons that I learned and thankful for that time fixing up that house. Yeah, that's awesome and an awesome story. I think there is a little bit that there is a component there. I mean, just for myself, I don't really also have any kind of construction background. But my parents always wanted to have their own house. That was when I was still in Germany. And Germany is one of those, in that sense, very strange countries. On the one hand, people would probably understand, because of World War II and everything being destroyed, that it took a lot to rebuild the country. But even if a house gets damaged or destroyed, it's still your house. But what is very strange, and I don't really know the exact history, is that Germany has, in the Western world, probably the lowest ownership rate when it comes to real estate assets. And so that, on the other hand, also means it is much more of like, it's not just the White House on the hill with a picket fence. It's like the castle in the sky kind of far away. Yeah, yeah. So my parents in the 70s heard about an opportunity where you could basically separate all the things that the government, which is super, super highly regulated and bureaucratic in Germany, all the things that the government requires for someone to do with a license from the things that were not necessarily requiring a license. and so what ended up and that obviously if you only have to get the license stuff done that makes that house i'm saying this with some hesitation at house much much cheaper so what ended up happening is that my parents found a lot and a builder who basically offered this option And they got basically the house in dollar terms, I would say probably for about like $125,000. And it was that what was licensed built was all brand new. But what I learned is my dad had learned in his apprenticeship, some aspects of electric and electric wiring and electrical engineering and stuff like that. So he was super confident that electric we could do because he felt he knew how to do it. But then I became pretty good with tile setting. I became pretty good with woodwork, right? Like because the ceilings were all tongue and groove wood. My own room, which originally was planned to be this little 10 by 10 cubby hole. And I asked my dad after we moved in, why do we have this huge loft and there's nothing in it other than some windows literally built into the slope of the roof? And he said, well... We ran out of money and we just made the preparation that we have some electrical there and some windows there, but we just don't have any money. And I asked him literally, I still remember that. Would you mind if I build part of it out to make it my room? He said, yeah, knock yourself out if you think you can do it. And I ended up with about, I guess, probably about 175 square foot kids room. But anyway, long story short is, you know, I had no construction background. Yeah, you just figured it out. Yeah, I hit my thumb, I guess, 20 times within that year. Yeah, dude, everything is figureoutable. You know, you got to remember that in real estate investing. And that's a great, I don't remember who wrote the book, but there's a book. I listened to a podcast with her and her book is called Everything is Figureoutable. Yeah, absolutely. I just wish we had YouTube at the time. Oh, my gosh. How did you do it? Well, what we actually did, and I think this is not a bad method that could even to some extent work today, is I was basically mainly farmed out to people who had the skill. Like my dad literally went and said, hey, you know, Mr. Plumber, Mr. This, Mr. Tilesetter, would you mind if my son would help you for a weekend? And for like absolutely super minimum wage, if any, I was farmed out for a weekend to drag a lot of support of tilesetter or people like that. The main thing that it actually helped with, I mean, we could obviously learn and read about how to do certain things. But I'm sure you would agree, whichever trade or whichever thing it is, there is the standard stuff, even when you have YouTube. And then there are little tips and tricks. Yes. How do you make, for example? You've got to learn it on the job, yeah. Well, either that, or you have YouTube, or you have someone who can show you how do you make 245-degree cuts that actually really match and don't show a weird groove or something like that. Yeah, yeah. That kind of stuff. But yeah, so figureoutable is really a great term. And why I mentioned my story, and I'm glad you mentioned your story, is I have over the years then discovered that I really enjoy managing projects. And there is a different quality when you, as the person managing a project, cannot be bullshitted, since we are making up words today. It's much harder to bullshit somebody who has done the work before. I know when I look at something, even though I'm not there all day long, but when you come and do some quality control and you see where they really cared and did a good job and where they didn't, For somebody who doesn't know or never done it before, they might just let it go, right? 100%. When you know how it's supposed to look like, you wouldn't. So now, in your case, it sounds like what I want to ask you is if all your properties that you have is basically within driving distance, let's say, of where you are. Is that true? Yeah. Yeah. Yeah. Yeah. Waco, Texas. So most of everything's within driving distance. I have not made the jump to out of state yet, although I would love to. The relationships I've built with lenders and banks and especially contractors here are just so good. I just haven't had a need to go out of state, but I would love to someday. It's it's really about building a team wherever you choose to invest. And a huge part of my team has been these contractors that are fast and good, not cheap. They finish the job, they do a good job. And just finding that in another state sounds kind of daunting. And frankly, I just haven't had the time, but I'd love to sometime. Yeah, absolutely. Part of the reason why I asked the question is also because oftentimes people have asked me to tell my story about how did I get into this and why am I investing where I am investing. So without retelling my story, I kind of think I can tease it out of you. If you had to do what you have been able to do with your wife. let's say a little closer by in Austin or let's say in New York, what would you say, you know, would have been possible or not possible and why not? That's a good question. Like, would we have been able to do what we did in, if we lived in a different city, you're saying? Yeah. If you left, like I left, my situation was I had moved to Santa Barbara, California, got a job, did the job. um didn't like it very much for more than four years then started my own business and then wanted to get into real estate investing and the cheapest house even the smallest little thing there you would say holy how can this be was like a million dollars And so prohibitively expensive. So I don't know if Austin is quite the example. I know between 2020 and now it's gotten super high and then it's coming back a little bit, but the extreme would be probably like New York or San Francisco or something like that. I mean, definitely there's places like that, that the price to rent ratio is just not going to work. You're not going to be able to like do the BRRRR method there. But I mean, you can flip stuff anywhere, but the exception may be of like a downtown metropolis like New York City. But even in New York City, though, you could flip. They have condos that you can flip a condo. I don't know. But having rental properties that you hold for long term, there are some cities with better price-to-rent ratios than others. And I think Waco, it's not phenomenal, but it's definitely not like Austin or... um where you know prices are high and rents haven't really changed but there's a lot of cities like i know dayton ohio is one that's like the price to rent ratio is amazing yeah stuff are relatively cheap the arvs are relatively low but rents are higher i don't really know why that is but yeah finding those cities just even googling those cities or chat gpt those cities that have low price-to-rent ratios is a great way to figure out where do you want to invest. Yeah, that's actually, I mean, my portfolio, if you recall from our conversation last time, is in those locations. And the only thing that I had to do being so far away is that I had to work with turnkey providers who are proven, who do all three things, you know, renovate the place. You have some in Ohio, don't you? Yeah, yeah, actually in Cincinnati and places like that. So, yeah, the thing there, just to answer that question for the audience really quick is, in and i'm not saying this in any kind of judgmental way but if you have a blue collar job one of the traits of that is that your money typically reaches to the end of the month or maybe one or two days over the end of the month and that's about it and that makes it a real real struggle to ever put enough money aside so that you have a down payment for your house if you wanted to have a house. But at the same time, you can more likely pay rent because that's an evolution, right? You are on your own in a smaller place and then you get maybe with a partner in a bigger place and then you ultimately get a family and you get an even bigger place or a house. So you're growing into it. Besides the fact it's really a matter of either the property manager or the owner to say, Am I OK if somebody wants to have 45 or 48 percent of their income going to rent? We decide that. But if you try to buy a house from a normal lender, you know this. And especially if it's your first time house, they typically don't let you go much more than like 35, maybe 40. barely to 40%, but that's really rare for a first time home buyer to get that. So the hurdle of having enough money to ever really be able to buy is hard and is high, not for us, for investors so much as it is for the locals. And so obviously then they are growing and graduating into higher and higher rent for more and more space, which kind of makes sense. So in your case, Now that you have your portfolio, are you continuing to grow it or what's your next step? Yeah. So with the 25 units, you know, it's about what I've heard is it's about 20, 25 properties ish where you start to kind of hit a wall where you're like, okay, this is, I'm pretty busy. This is like taking more time and filling the units. I pride myself in having very little vacancy. I used to say I've never had vacancy. Now I've had some vacancy and it's becoming more and more work to manage them. My main thing is I hired a handyman who's really consistent, just like contractor, hourly kind of guy. I think my next step is probably to get Some of these, maybe not all of them, but under a property management company. So I'm going to start shopping that and like, heck yeah, dude, I'm totally growing. I'm excited to, you know, we're, I'm doing a big commercial project. We got 50,000 square feet of commercial space about four months ago and it's already cash flowing. We're sort of fixing up half. It's kind of going to happen in phases, but we're going to make this really cool family friendly. It's this shopping center that's completely distressed it's it's gross honestly it's very blighted and we're going to just make it so beautiful and a family-friendly walkable area you can follow that on my youtube channel i'm documenting the whole thing fixing up a shopping center over the course of 12 to 18 months it's going to be a long process so i'm doing that um you know a flipping uh flipping residential properties and then whichever ones don't sell quick enough or whichever ones I'm just like, I want to keep this thing. This thing is nice. We redid everything. Those are the ones I'm going to refinance and rent out and keep. So, you know, I'm keeping this year. My percentages have changed. I'm probably going to keep like 20% of them and try to flip something like 80% of the stuff that I fix up this year. So that's a reverse of where I used to flip 10 or 20% of the stuff and then rent and refi. like 80 90 i'm just at a place where okay i want to really want to stack up cash and rental properties are good um it's a lot to try to manage all of them and so that's changed but yeah heck yeah i'm excited to continue growing okay cool so you you already touched just a moment ago to say well maybe some or ultimately all of your properties under professional management When you, for a moment, go away from the investing perspective and focus a little bit more on the technology side, what do you see for your portfolio, especially when you, I'm imagining, not necessarily for my portfolio directly because I have it all professionally managed, but even there, I could imagine to say, you know, for me, and let's say an investor like you, you and I, we could get one of those robots in three or four years from now. And they basically either support the handyman or they do some extra stuff for the tenants so that they rather stay in our properties and never have to do landscaping or, you know, like, whatever kind of stuff, you know, out of the gutters and all the kinds of things that yes, they need to be done, but it's always a question of who is doing it or maybe even keeping the curb appeal a little nicer, those kinds of things. What do you see is basically basics that people should consider as technology that should go into the house and how do we prepare for this coming awesome, I believe it's going to be awesome abilities that are out there coming. Dude, I'm so stoked for AI, especially when it becomes physical, as you mentioned, for robots. I mean, it's already helping us now. We have this great platform called Hospitable. And whenever a guest asks a question that might take me away from dinner with my family or might otherwise distract me from whatever I'm doing, they have a button where I can just it suggests with AI and it'll answer the question. And 99% of the time it's like, perfect. I just send it. It takes one second of distraction instead of like two, three minutes of distraction. I mean, that's a huge way that it's helping me now, but I'm so excited for the advent of AI for real estate investors. I think yes, maintenance and handyman tasks, having robots be able to do those, uh, But everything from maintenance tasks to full on construction projects, I really dream of the day. And I think that I will experience the day where I can fix up a whole house and use very little actually human labor. I was just saying this to somebody the other day. This guy owns a big, big HVAC company. They do huge, for huge commercial facilities, stadium-sized HVAC company. I'm sorry, stadium-sized HVAC is what they install. for stadiums, if that makes sense. And he was like, well, somebody's got to install it. Somebody's still got to go out there and do the stuff. And I said, bro, no. Your guys are like 10 years max, they're going to be working on site. You're going to have robots. It's safer. They take less time. They're more efficient. They follow the plans. They're not showing up sleepy. They're not getting drunk on the job. They hardly ever take breaks. it's going to cost less. I mean, there are so many reasons why this is the future of construction and the future of really every job. I mean, doctors, I believe, are going to be something that's replaced because it'll be better. I think we just can't imagine um ai being better than us um but it's it's gonna be like what if you could go get health care from you know a doctor that's better and also less expensive you would go to that doctor like they're gonna take better care of you and they're gonna be less expensive I don't know about the emotional side, you know, having a doctor or a psychiatrist or psychologist that actually like cares for you. That's like, it's hard for me to imagine that this thing is going to actually like care for us in that way emotionally. But if you can go get surgery on your knee or whatever, from a human or a robot, you're going to pick the robot because it has a 99% success rate instead of a 60% success rate. It's not that difficult, but since we're talking about real estate, one of the other things I just want to share is I sat down with this engineering team for this big commercial project I just started, just talked about a second ago. I sat down with them for three hours with this guy. And I love this guy. He's like a friend of mine. But we sat there for three hours, like picking through where the sidewalks are going and like, is the city gonna prefer this? Or let's go look at the code. And he's clicking around and like looking at the city code and making sure that like the, you know, the landscape versus sidewalk ratio is right and all this stuff. And I'm like, dude, this is going to get disrupted so hard so soon. Because, I mean, first of all, it's all in the computer. This doesn't even require a physical robot. Once you have the topographical survey of whatever site, whether it's just a raw piece of land or an existing shopping center like what we're working on, Let's talk about surveys for a second. That's an easy physical robot thing. They just send them out there. They walk around, shoot the shots, and throw it in DWG file or whatever, throw it in AutoCAD. And then now we have AI is going to know all the code. They're going to know exactly the code requirements, everything the government requires. And they're going to give us 10 options first. Instead of just nitpicking every little thing, it's going to give me like... And then I can pick one and then do a little bit of editing. It's going to be cheaper. It's going to be 10 times faster. And it's going to get through city approvals 10 times faster. And I cannot wait because... engineering and planning in that phase of commercial construction is oftentimes the biggest uh money suck and the biggest time suck which those go hand in hand and i cannot wait this is my soapbox man i can't wait for that to get i don't want people to be out of a job i'm not saying that i'm just saying this is going to completely change the world for us construction people so That's my soapbox. No, absolutely. And I mean, there are a bunch of things, you know, I would first of all agree with that. The other thing is, I would take it personally one step further, since you mentioned that you're doing this all with your wife. There is in everything, there is kind of like the logical rules based stuff. And then there's the emotional component, right? And if we just extend what you just said, and you have that created, and then you can say, okay, now I go to the living room on the big screen. And now that whatever you call that AI tool says, okay, so now let's just walk through the place. as if it were already made. Yes. You can say, OK. How does it feel? Yeah, how does it feel? I want kid friendly. I want it environmentally friendly. I want rather like Mediterranean style or like cowboy style or whatever. And you can try all of these and you're probably going to get some female input as well to say, hey, I like this better. And can we do this? And you can literally make it while maintaining all the rules. So this aspect, you know, the simulation aspect is a really strong thing that is coming rapidly where you know, when you work with an architect, they can say, yeah, let me see what we can do. And then they come back after they not only made changes, but also made sure that the changes fit all the rules still. And AI will do this kind of seamlessly in the moment, right? You can switch it from like Adobe style to Mediterranean style to ocean Caribbean style in like switch. So that's a really- It's hard for us to imagine because right now it's sort of like, You know, it's doing these renderings and it kind of OK, if you look really closely, it looks off. There's something off. Right. You know, when it when you just have it like, oh, render this kitchen for me. But pretty soon it's going to be dead accurate, like following all code requirements, following you know, like the height of the outlets and everything will be so precise and it will be 10 times better than what any human could design architecturally or design, you know, on the engineering side of things. And so I'm just stoked for it, honestly, because it's going to save us all money. It's going to save us all time and we can go do bigger and better things with our lives. Yeah, absolutely. I mean, two things that I believe, even though we all went through it, it is still hard to imagine it for quote unquote machines. And that is this aspect of learning, right? Like I, for an example, like we were just talking about, somebody will be the first one who bought a supermarket and turns it into whatever you ultimately going to call it. Yes. And assuming we have the starting line with robots and AI involved, Whatever is learned in that process, the next time somebody does something similar, that AI or those robots will have the option to learn from it. Partially they will learn it because you post it on YouTube and basically just watching YouTube, so to speak, a hundred times faster than you and I can. Exactly. Or actually if AI itself is involved and it comes from the same kind of universe, then they learn from each other. I'm always saying to my mom, Ultimately, when you're getting into the 90 plus age group, you will have your 24-7 robot. And if you feel you want a filet mignon from a two-star Michelin chef, your robot is going to kind of call, in a sense, the robot that has been observing, supporting those restaurants, and it will know how to make that dish for you, right? Wow, that's amazing. So because that's these two things, learning and this connectivity that you're not learning and it's in your brain, but you can't get it out. These robots, they can get it and share it all. So every one of them has fundamentally the ability. Now, the other thing I wanted to ask your opinion about is, I feel what the Chinese have been doing the last few years could be the smarter way when it comes to adoption, because they obviously realize we're not quite there yet with humanoid robots. That's probably another two to five years in the future to really get good. So they said, okay, we can have a little box on wheels with a big battery in it, and the sole purpose is to clean. Like in your facility, 50,000, you can have two of those running around constantly cleaning the place. Yeah, yeah. Yeah, we have them in QuickTrips here. I know that. They're like $11,000 and it just cleans all day at the QuickTrip. I'm sure they're in other places too, but I looked into it because I was like, that's so cool. But anyway, keep going. Well, and it totally makes sense because that's ultimately cheaper than minimum wage, right? So for a cleaner. Then the other thing is that they also have, and they look a little different, also kind of funky. They are basically security. And they're not going to shoot you. They're not like a police officer. But they're kind of roaming the security. They have all kinds of sensors, surveillance. They alert. They show when something is broken to the main hub and stuff. So why I'm mentioning this is... And then they have now also autonomous cars and more and more of those kind of dedicated things. But what I... Yeah, specialized. Yeah. Yeah. What I've seen is when you look at people in a big square in China and somebody comes from the US or from Europe to visit there and does a YouTube video and these things are roaming around, nobody... If you imagine that same scene in New York, people going up and down the streets, thousands of people. These things are roaming among them and they have gotten so used to it that nobody even like them that you have no impression that they notice it. It's just normal now, right? Same thing with the cameras and so forth. So the whole place, every video I've seen, I'm kind of fanatic with that. Every video people say, I can't believe how clean everything is. I can't believe how safe everything feels. And then the other thing that I also find kind of interesting because it's one of my passions is I can't believe how a big city can be so quiet. But one thing they did, I didn't know, 15 years ago, they forbid any kind of combustion engine, like motorcycles, scooters. So everything is electric. And you know it. When I grew up, we obviously made that thing as loud as possible. Yeah, I did not know that. That's cool. So what I'm getting at, what I wanted to ask you maybe to come to an end of our show today is, What do you think with how will the implementation look like? I mean, for you, you said you would like to see it. My first imagine was, okay, Cameron could actually be one of the people who get a 3D printed house, right? So then you don't have to wait and no framing and it's not gonna blow away in a hurricane, but then you still have all the other traits that come in. So just in general, how do you think the implementation in the real world will actually look like? Yeah, I mean, we do have the specialized robots. We got the vacuums already. I think you're right. I think we will continue to see items that go to market, robots that go to market that have a specialized task. Like cleaning, maybe we'll have a robot that's a house framer, that's actually framing with lumber. And then we'll have a robot, a separate robot that's like, that's like sheet rock, you know, and a separate robot that does like concrete foundation or something like that. Maybe we start off with like specialized robots that, you know, and then once we really mastered the humanoid robot thing that can actually, you know, be dexterous with its fingers and everything else and like balance really well, then we start to just deploy just those, you know, because they know everything, they can do everything that a human can do. They can operate heavy machinery the same as a human. But I think you're right. I mean, I'm not like a huge AI buff. I mean, I love it. I'm enjoying the process. I use it every day. This is my first time on a podcast that's focused on AI in any way, but I'm loving the conversation. And so that's my best take is that I think we'll start off with specialized robots and then end up with this general you know, general knowledge, general human form, humanoid robot. So I think that's a good take. Yeah, thank you. And part of the reason why I bring these things up is for our audience, including myself, maybe to some extent even for you, is to start thinking, what kind of things should we do as investors or people who buy investment properties so that we give ourselves the best opportunity to become early adopters. If somebody were to ask me, and I've experienced it now in several places, I would probably tie the whole house and put floor heating and then tile on top everywhere, and I wouldn't have any kind of, what's that called, the door jams anymore, everything without any door jams. Because if we end up having something specialized, the assumption that it can walk like a human is probably not smart, right? It could potentially get there, but initially it might not, right? And it would be not just for cleaning, but if you imagine it has some sort of nursing function or whatever kind of thing you can imagine, when you make it all smooth and flat, that will probably help. It will make it easier to clean. Oh, interesting. Yeah. The next thing is okay, most of us when we look at our investment properties, we don't pay that much attention how good the internet connectivity is in every room and how strong is the signal. Well, if we really want to be prepared, right, having a strong router system, or maybe starting installed something that cannot be, you know, interrupted by a backhoe or something like that, cutting the line or what have you, right, those, those are just early thoughts that I have, you know, like, Same thing like electricity. Should we think in the future to prepare with a battery and solar on the roof so the house in and of itself is completely independent, including the robots inside, regardless how they look like? So there are these kind of things that I want to get our audience to start thinking about. especially as I'm pretty sure these enabling technologies will become obvious more and more so that you can even do certain things, right? Because we all have a security thing. We don't want just randomly any robot to go in the house. But if you had some sort of smart lock system where you can give a special code to your robot systems and a separate special code to your tenants and nobody else gets the code, So those kind of things, there's many of these enabling technologies that I think we should start thinking about as investors so that we allow ourselves when this stuff actually becomes real to take advantage. Yeah, absolutely. Love that. So if people want to either follow along how you renovate a dilapidated supermarket or other things or become subscribers of yours, what should they do? Yeah, so on YouTube, I officially, I've broken the number of 100 subscribers. So we're just getting started over there. But YouTube, Cameron Phil Green. Instagram, Cameron underscore Phil Green. And you can find me anywhere, LinkedIn, Facebook, all those places. So I would love to connect. Also, my website, CameronPhilGreen.com. you can get links to you know, the podcast and YouTube and also sign up for if you want one on one coaching, or just a 15 minute free hang. I do those so up on my calendar would love to connect and yeah. Well, connect is a good word. I love to stay connected camera and I'm very grateful that you're here and that you allowed me to be on your show and I hope we can do it again. Yes. Thanks for having me, Axel. Absolutely. Have a good one and thanks for being here. Guys, thank you so much for tuning into this episode of The Legacy Investor. Hey, if you want to help us grow and support us, please leave a review on Apple Podcasts and Spotify. That really helps a lot. Please subscribe to my YouTube channel, Cameron Filgreen. It's still new and growing, but I am going to start posting on there more regularly. Follow me on Instagram at Cameron underscore Filgreen. And if you know someone who should be on this podcast, Go fill out the form on my website. It's CameronPhilGreen.com slash podcast. Fill out the form there. I'd love to have more guests on this podcast. It's been a blast. And music is by Eric Lopez Villaverde. Reach out to him for all your music needs. On Instagram, he's Eric Lopez Villaverde. Hope you guys have a great day and thank you for tuning in. Bye-bye.