Anyway, let's go ahead and formally get started. Good morning. It is, December 6. I can't believe it's December 2025 already. Like where did the year go?

I don't even know what what happened but welcome here to the last property and paper live of the year. My name is Dawn Rickabaugh of notequeen.com and we're here to talk about owner financing and notes and that thing that connects the note business with the real estate business and I just love what I call "the dance between property and paper". And if you're not subscribed, if you're listening on YouTube or podcast, please go over and subscribe so that you can, participate in these calls live, get your questions answered if you got a scenario that you need help with. A lot of people, are at this time of year trying to figure out taxes, what am I gonna do, what's my overall positioning, people have small portfolios of rentals like saying, hey, here's the situation, Dawn, I got this and this and what do you think we should do with this to position? We're kind of getting tired of the landlord business. additionally what we want to talk about too is as we go into increasing times of of let's say what seems like chaos and is chaos to a lesser or greater degree depending on your personal reality bubble . But how can we in the face of the kinds of things that we're seeing unfold in the market, how do we position ourselves? Okay. So those are the things that we're gonna talk about first. So, I promised right off the bat that I would go over a note transaction, just something that came across my desk and I just wanna use it as a teaching tool to see what you guys think you would do.

Okay. Hi, Dawn. This, the subject property is four acres of land, 40 acres of land in in Missouri and the borrower uses it for her horses and ranch business. I don't think the borrower has poor credit, we just don't have a lot of options on land and wasn't sure if you could price it for us. So if if you guys wanna unmute and talk, I mean what are there any of you that already would look at this or say no thank you?

Probably no.

Tell me more Jim. Why why do you say that?

Well, I just I don't see if something goes wrong with it, I don't see anything that you could do with it, frankly.

Basically, if if you're talking about if you had to repossess it, you had to foreclose. So right? Because when we're looking at a note, I thought it was gonna be cold, but I'm not. We gotta make sure that we're happy if it pays and we're happy if it doesn't pay because the final pay or the note is of course the collateral, the thing that's securing it. So if you end up with it after going through a legal process of foreclosure or a deed in lieu, gotta make sure that you're gonna get your money back out of it.

Right? Can it subdivide it up into like five acre tracts and sold as many ranches?

Hey. You know what? There's some thinking. Everybody has a different answer. If you lived next door to this and you've been wanting that property anyway would you buy that?

Right? Okay so it just depends who's the buyer. But right off the top there's there's a lot lot fewer buyers for the raw land and if they do the underwriting has to be a lot better generally, a lot bigger down payment and anyway, but just off the top top, there's a lot more buyers for that, you know, bread and butter product to single family homes. There's just no two ways about it.

That's true. Right? True.

Okay. When was the value established? Just July. Through the value the property sale. So they just said here's what we sold it for so this is what it's worth.

Now of course what would you do if you were serious about this? You got under contract at a price that you wanted, what would you do? Would you say, oh, well it sold for that so it must be worth that. Would you say that? Not at all.

Nope. Nope. Nope. And Sue Ellen. Hey Sue Ellen, great great to see you in here.

What's the income and is it contracted? That I do not know. This is just a very surface level thing but great questions to ask. So basically the sales price in July was 175,000 for 40 acres, The down payment was 15,000. So let's see.

If I take my trusty calculator, let's figure out a percentage of that. So 50, 15,000 divided by a 175,000. So that's just shy. It's basically a 9% ish down payment. So let's call it 10% down.

What do you guys think of 10% down?

On 40 it probably needs to be more.

Yeah. So 10 these foundational principles in the note business are that 10% down is usually considered a decent down payment on an owner occupied single family. Okay? But for land, what would you think? Because because how we just wanna know that when we buy this note, it's like this real estate annuity.

The value of that note in general, unless you're buying it hoping that you get the land underneath. Right? You just want the payments to come in. So the more predictable you think, the more guaranteed that those payments are just gonna come in like clockwork and you don't have to think about it, the stronger that income stream is to you. So on land, if she quits paying, is there anybody you know, I don't think it's being rented.

It's just she's using it for her own ranch business. Right? For her horses and cows.

Yeah. She doesn't really have much invested in it. She doesn't have much money invested in it, and she doesn't have any sort of business up running as it sounds like it's for her own pleasure. And if things change for her, okay. Well, I don't know about you.

Okay. If she if things get tight and she's got a mortgage on her house and she's got a mortgage on this land, what do you think she's gonna pay first? Right? She's gonna go like, I'd lose my $15 and every all the payments I've paid so far. Oh, well.

Absolutely. Right? Okay. So now, the note so the original note was $1.60. Right?

$1.75 minus the 15 down is the first note of 160,000, and they put an interest rate of nine and a half, and they fully amortized it over, not $3.60, but $3.61. 361. That's just a good reminder. When you're doing seller financing, it's you make it up. Right?

You don't have to go by the bank conventions. It's whatever works. For some reason, it's three amortized fully over 361 payments with a balloon payment due in sixty one months. So basically five years. Basically amortized over 30 due in five.

And that made the monthly payment about 13, 1,345. Okay? And everything has been paying fine, but, and the balloon payment in five years from the beginning, which is about 57 payments from now, will be 155,000 and change. Okay? So there's only $20,000 of principal reduction until the balloon.

So what's her exit strategy do you think? Like what what's she gonna do? Is she gonna go down to the community bank and are they given loans for I don't know. Maybe they are. Right?

So just think about that. If they if there's not a clear exit strategy, guess what's gonna happen in five years? What are you going to do?

Yeah. Right.

Yeah. What is it? What would you do? Five years. Dang it.

I'm supposed to get my money. On the paper, it says I'm supposed to get my money. And I did my calculator thing, so my yield was the thing because so I could get the what it says on the paper. But what happens is real life. So what happens if they can't pay it off?

Right? They and the market's down. Let's say it's dropped in half. Now what are they gonna do? Are they gonna bank loan?

I would wanna know. Do they oh, we have a we have a inheritance coming. We have, you know, some other investment funds maturing. We have these other assets we could leverage if we needed to. I mean these are things I would ask but the first thing when before I even get to making an offer on this, I'm just going helping you go through what I'm thinking about.

Right? Any other comments so far? Yeah. Sue Ellen says you could do a deed and loose. Sometimes you don't have to foreclose but still if you get the property back and now you have to resell it, probably the cash value is a lot less than the owner finance value, wouldn't you think?

Because if I was looking at this I go okay it sold for $1.75 with a 10% down, my guess is the cash price is gonna be at least, let's say like I would just peg it at $1.50. Off the top of my head without guessing, without a BPO, without an appraisal, I'd say I'm gonna say the value of this property is $1.50 and go from there. And if I wanna be at I let's say I would do this, what if I it was in my town or it was next door to me. Okay well I still wanna be at 50¢. So you can see that I'm not gonna buy the whole note, right?

It would be silly. So what do most people do? What do what do most buyers do when there's a balloon payment? What's a very typical thing that you're going to see? All the time, you you'll have plenty of people that will buy the payments up to the balloon and let the note holder deal with the balloon.

That's very, very common to see. Like, yeah, we don't know we don't know about that balloon. If they're gonna pay it off, maybe they will, maybe they won't, but we just are gonna buy a partial. We're gonna buy the payments up to the balloon and mister and missus note seller, you get to keep it. You keep the balloon and if they pay way, hey look how much money you get.

Right? Right? I could give you I could give you 40,000 now for these next, 57 payments and then you're gonna get a 155. You're you're getting more than your the balance of your note. How lucky for you.

Right? But if it doesn't pay then what? Then you're just going out further and further. So now and I'm assuming that credit is good, right, until proven otherwise or or it's bad until proven good, basically. But, anyway, so can you see that no matter what the yield is, first in your mind, do I like the collateral?

Do I want it? What's my act would I be happy if I had to take this back? Number two, if I do want it, what's the most, the maximum ITV investment to value? If the property in my mind, if it's sold owner carry at $1.75, okay $1.50. Now max max is 75 no matter what.

75,000 and probably below that because I really wanted now if there was a 40% cash down payment that would be different. 50% cash down payment, that's a different story right there. That's someone who has skin in the game and already if the market drops in half, I still have equity, protective equity coverage. Right? So now does the story and then you then you calculate your yield.

K. Yield is like three the third thing that you're gonna say, okay. If I'm gonna do this, what am I gonna need? K. It's land.

A lot of people need like 15% minimum on land. Fourteen, fifteen, 16, something. So now what if the collateral was a brand new mobile home on an acre in a nice subdivision? How does that change the story? Now you might now you might look at it.

Right? Okay. Now I like the collateral, and you know what? People don't get tired of living in houses, so there's gonna be someone that wants to that you can rent it, right, theoretically, even if you couldn't exit another way. So then but would you buy the whole thing?

How long has this been note been going? Since July. So we're working on four, five months, six months. Yeah. Sue Ellen says what?

She'd go, what's the zoning? Let's let's let's say it's the most attractive zoning ever, whatever that is. Okay?

Along those lines though I'd want to know where this land was, is it in the path of development by any chance is it just out in the middle of nowhere you know that makes a big difference in my calculations.

Exactly and is it landlocked? One time I bought a note with an investor friend of mine and it was a great property close to I forget the really in Idaho is kinda popular. You know that big fancy place? Anyway, starts with a s. Sun Valley or something.

Anyway, but this acreage afterwards, it was landlocked. It had no proper easement. So I'm like whoops. Now thank goodness it paid. It's fine.

It worked out but like that was a mistake. That was an oversight. Great piece of land in the zone of development of this really nice area And, yeah. Whoops. Okay.

So things things like that can happen. Also, is there any interest I mean, how far away is power, water? You know? Do do I have to do well and septic or city water, you know, available? So there's all sorts of considerations.

But even if this was a 800 credit score borrower, put 10% down, it's collateral's great, would you would you still buy a full on this? I guess I guess some people probably would. This this might get too finale.

You were saying 50% down?

If 15 if well if it's land Right. Then this deal it was land. 50% down, I would do this. I would.

I would. Yep.

Probably. Subject to the other questions. Yeah. Sue Ellen says, not me. I never buy land unless I have a plan to develop.

Plan to develop. Yes.

Right? Okay. So get to your point Robin you were saying hey could I subdivide this, sell it off in little parcels? A lot of people make a lot of money doing that.

Absolutely.

Right? So but anyway if it was secured by a house I would still, it's not seasoned, it's not seasoned even a year. Okay? So seasoning means how many on time payments have come in and generally twelve months is reasonable seasoning and I've told you guys before, sometimes I'll buy if it's a small partial, sometimes I'll buy a lot sooner than that depending. But if everything's if this is a paper, you'll probably have an institution that'll pick this up at three to six months of, seasoning with not too too much of a discount.

So, anyway, just a a little exercise, and I wanted to tell you a story that I just thought of, a deal that, let's see. We've been in this for over ten years now. It was there was a mobile home park in Alabama that sold for 400,000 and they put 50% down. And then we bought the $200,000 note at $1.90 or something. Okay.

Because it makes whatever. The numbers made sense at that point. And everything went fine for a long time. They did actually have a balloon, but the investor said, we don't care. They're paying on time.

Let it ride. Let it ride. Let it ride. So it was initially a two year balloon, but they're paying 10 plus on it and so just two then it started okay two years ago it's like now they're getting behind every couple months, like two three times a year I've got to start dogging him like where's the payments? And now you know if you're gonna sign the loan extension I need you to you know pony up here right?

You know so it just became more and more of a headache until finally they just quit paying and said, oh we're working with our attorney to do, you know, restructure the debt and all these things, can you just give us a little while and my investor on this said, yeah, that's fine, that's fine, give them a little bit more. Anyway, long and short of it, it's like, okay, that's enough of that and just I said, let's let's start foreclosure. And it's like sixty sixty five spaces. It's the only area zoned a mobile home park in within the city limits. So it's actually quite quite Mhmm.

A lot of guys like that. Right? So Mhmm. Anyhow, so this is this is a super happy story. Right?

Except I mean except for the brain damage I had having to to deal with this, okay? So the balance let's just say the payoff amount due to the underlying investor which is is all I'm really worried about right at this moment, right? Is let's say a 100 and call it a 175,000 if you include the attorney's cost to start the foreclosure and all that so 175,000 and he's already made his money back, know, he's already at, if he gets, when he gets that off, right, when he gets that back from the foreclosure, I think his $1.90, no easy double, right? Easy double on his money, after all this time better than 10%. And then it was so funny, there were so many weird little things that came up because then the people that were managing the park really weren't on title to the park but they were supposed to be on title but they had switched somehow ownership in the background but it wasn't recorded in the deed but nobody cared.

My investor didn't care. The money's coming, you know, blah blah until the money doesn't come. Anyway, so he's going to foreclosure and he's like, I don't know. I don't know what it's worth. It seems like you can't go wrong wrong on this but I don't want you to end up on title to something that there's a big bunch of liabilities, we need to check title.

Even if they're willing to give you a deed in lieu, you gotta make sure you want it, right? Because if you go through foreclosure it kinda cleans things up. So if you get a deed in lieu everything's still attached to the property so I'm walking him, I'm doing all the elbow grease, you know, for him that's like here we're gonna work this out. The long and short of it is there's someone that's willing to come in after all these variations, there's someone gonna buy that note for instead of even waiting for him have to finish foreclosure, they're gonna buy his note for 225,000. 46,000 more than the UPB plus fees plus everything, right?

Because this is someone who's local who wants to develop this thing, right? So I actually have never seen that personally where so now he's like he would have been doing great just to get all the money back, now he's getting a, I don't know, close to a $50,000 bump. Wow. It's pretty it's pretty fun. It's pretty fun.

So he's like, wait so what what would I have made what would I have made if it just paid as agreed? And I said, oh you know blah blah blah and and I go, what am I making now? And I go, this and he's like, wow. That worked out really really well. So anyway It's all in

the neighborhood. It's all in the neighborhood.

Yep. But the thing is we couldn't, you cannot force we had no had no way of knowing what the park actually owned if it was just the land because they changed things around so much under the under the hood, you know, and we we didn't have any books, what's the income? We couldn't say, here you can buy this but we couldn't force any documentation, any numbers out of them, right? So it's like someone's going in blind, we don't know what the cash flow is but someone was willing to pay 225,000 and take over like whatever we found, we found, we good, right? So that was, that was a really good story, I like that Okay.

So let's Hi Clarissa, good to see you. Okay. Now what else we got? I know Robin you wanted to ask a question, is there anyone else that wants to share something, ask a question or has to dodge early and you just want to say something or I know it's this the holiday season.

Well, my position is that I really don't have enough knowledge like, the others on the call where I can find my own deals and do them. Okay? I'm just not confident enough to do that, but I could participate in a small level. So is am I missing something? I'm on a lot of calls, but I'm not on every call.

But is there a way to invest, like, in your business where it's a smaller scale and I can do what I'm limited to do and partner up with a firm or with someone like yourself, on a smaller scale if I'm ready to go. Like, I'm ready to go do some bird dogging or how whatever that means. Is there an opportunity to work with and for someone right now until I get on my own feet?

Yeah. That's a great question. And for for people who are interested and, I have a form, on my website that people can fill out. It's an passive investor form. Okay.

So go ahead and fill fill that out, anyone who's listening. And in terms of the the bird dogging and these things, I'm kind of working you know, I'm just kind of always working that around how can I work with people? But the the reality is, well, like in the old let's say in the old days I had this little tiny note. It's so funny. The purchase price of the this this is a while back.

So the purchase price of the house is in California was, something like a 150,000. This was North Of Lancaster for Palmdale area for those of you who know that area. And they put a 140 down and there was a $10,000 note in first position. Okay that's really really safe, right? But it's such a small note.

You know, there's the the paperwork to do a note that's 7,000 is the same as the paperwork and the time it dues to a $700,000 note. So and the what you can make off of it is a lot less. So usually there's sometimes in fact, I I gave that one to my kids because they had a little money saved up and I said YouTube, you buy this. You buy half half. We bought it at 50¢ on the dollar because you gotta make some money on it.

Right? And they each made, I don't know, $1,800 when on top of their principal when it was all said and done. But there's not a lot of little tiny notes that are safe just as a matter of fact or if there are a lot of notes, they're these land notes that are re there's a lot of land notes. They put down a little bit down payment and it's raw land and oh, but you can have a 18% return and then what if you get it back? Right?

So they they put $500 down, and they're gonna pay 300 a month for the next eighty four months. Maybe. Maybe they will. Right? So, generally it's so and if you can take so this this is what I wanna segue into right now if someone doesn't have any more commentary on this, but yes people are always looking for capital partners and I I do want some sort of affiliate bird doc sort of program.

I haven't quite figured that out yet but I'm on the lam for figuring out how that could work where I can work more closely with people or some on affiliate basis and things like that and it still makes sense for everybody. But if I had a little bit of money yep. And and Clarissa is saying for me no matter the size of the note, the most important thing is whether like the collateral. Thank you for that. Good good commentary.

Right? Because you may get it back. Okay. So are do you guys follow, like, the the general market news in terms of paying attention to precious metals at all? The silver squeeze?

Okay. The markets are getting this close to breaking on that. Did did you were you aware was it just last week, Jim? You're nodding your head.

I was thinking about gold because I'm a jeweler and I'm thinking gold at $3.50 and then it's now over $4 so.

Yeah okay so in a in a time where we have the bubble is the fiat money bubble. That's the bubble. It's in the money. That's why it's things aren't going up. The dollar purchasing power of the dollar is going down.

Okay so in in a climate where we could have things shift really quickly, the buying power of the dollar maybe it'll stay strong for another handful of years, don't know or maybe tomorrow we wake up just like anytime there's a big change. The people back in 1933, in 1971, in 2008, you wake up and the world's different the next day. There's no more time to scurry about. Oh my gosh I just got my lemon water everywhere. Okay.

So anyone who hasn't already, I would just say what's gonna go up when inflation if inflation gets out of hand and the buying power of the dollar goes down, how do you preserve your buying power? Real assets, hard assets. Okay? So we're in a time where commodities of all kinds, but you got silver, gold, copper, lots of things. Right?

You Don't forget a bit of coin.

Oh, absolutely. So a lot a lot. I I follow a lot of channels and I listen to a lot of stuff all the time. And so I'm always a fan like, okay. I love the no business.

I love real estate. Real estate's a hard asset and also if it went if it went down 50% in value, are you okay with that? It might go up another 100%. It could go down 50%. So then it's got a cash flow at least and carry itself.

Right? Either way, I just think everybody should have I don't know. Just think about it and feel what's right for you, but 10 to 25% in precious metals actually doesn't sound crazy to me. And and another and and Bitcoin and XRP and and some of these things, these are the new financial systems. Do you guys, did you guys get the little memo that even Bank of America now is like go go go buy go buy crypto now.

They wouldn't even let you. They they shut down my credit card, Bank of America, when I was trying to buy crypto in '27 2017. They shut me down. Now they're saying, hey. Go in there.

Right? So, anyway, that's what that's what I would do. Of course, you I've got stuff everywhere, and also have some cash. And and I I I've since '2 the last two years, every now and then I said, get prepared. Right?

Food, water, cash under the mattress, small bills. What what if you have to deal the the banks are shut down for a little bit, the power goes down for a little bit? Just think how you're gonna survive. And so to me, I I just I have small bill cash. I've got some in the bank or out there, some in my possession.

Okay. So that whole deal where they had to close the comics market I think. Right? They had to stop trading and they said, oh, the computer's overheated or I don't know. There was some story like that but the understory seemed to be well, somebody in some other country said, hey I wanna take delivery of my paper contracts, 400,000,000 ounces of silver, we want it.

We don't want the paper, we want the physical silver and I think it crashed them because they don't have it. They're trading on multiples. I think what they admit to is for every 380 things that they sell, let's say ounces or contracts, I think they only have the silver to back up one and that's what they're admitting to. It's probably thousands thousands of times. So that's how they manipulate the price down.

That whole system breaks. The silver squeeze could break everything because as soon as enough people stand for for delivery, they don't have it. And then the confidence crashes. Okay? And then we already know that the not that I understand these things implicitly but the Japanese, you know, the carry trade, there's a lot of things moving where anytime we could wake up and things are different.

Okay? So I'm just saying to me if I had a little bit of money and I had no silver, I'd go down to my local coin store. That's what I do with a little bit of money, buy some silver ounces, things like that. But so everyone's different. Just look at your overall portfolio and say, hey, I got some real estate.

I got some notes. I got some precious metals. I got some crypto. Now the most some people think I'm crazy. Some people think I'm don't go far enough.

Right?

What's silver trading at right now? Pardon? What's silver trading

at right now? I think it was like 58 last time I checked yesterday. Okay. You guys two years ago or not maybe even less, was under $30 an ounce. We've doubled.

And and I've got a bunch

of silver flatware and I was looking at it I think it was 25, you know, not that long ago.

It to me it's not unreasonable that that goes an easy double from here if not much much more. Okay? Just because that's the poor man's gold. Like if you I I don't know. I just like knowing that if the whole I wake up, the lights aren't on.

There's no banking. You can't get money. You can't do anything online. Well, I got a little cash. In the meantime, we can trade things.

I got some silver coins. Keep a few of those on hand. You know? That's real money. The fiat system is not real money.

Okay? Fiat's not real money. So anyway, just hard assets is a really great way, and or you've gotta be to, you know, get in these cash flow situations where you're at least beating inflation or having a chance to. Right? So if inflation's whatever they say, it's probably a lot more.

But so just to maintain your buying power, you've gotta be making a pretty, you know, eight, nine, 10, and above percent on your money generally, right? So who who else wants to share their I mean I'm pretty used to just saying whatever I think but who wants who wants to come out and say what they think they should what you should do? What are you guys doing to position? Oh you know what I even have I even have a silver miner that I bought, you know the mining companies they go up usually multiples and I've had that for probably two or three decades, you know, that money was doing nothing for a long time and now it seems like, wow. I could do really well with that with that silver miner mining company.

So anyway, I do a lots lots and lots of different things. So

I've got shares in an iron mine and with what's happening with the tariffs and stuff like that, I mean, you don't make steel without iron, and so that one made sense to me.

Yep. Things like that. What else are people in? Well, you know what?

I'm gonna stop and stuff too, Dawn.

So And

I'm about to do this is Kenisha.

Hi, everybody. Hi, Kennesha.

I'm about to do of course, I'm doing still notes, of course. Mhmm. Mortgage real estate, but also I buy gold and silver.

Yeah.

I am somebody is teaching me covered calls Oh, uh-huh. On the stock market. So I'm about to buy a 100 shares of something. I still have to do my due diligence on whatever asset I wanna get. And then once I have a 100 shares, I can just, you know, start selling covered calls on it.

And

Yeah. See,

there's so many wait.

Thank you for sharing. There's a lot there's a lot of ideas out there. So, anyway, it's it's just a time where anything could happen. Anything could happen, but hard assets are gonna go up in an inflationary cycle, and you need to have cash flow because I don't wanna care. Like if I have my real estate holdings, I don't wanna care what they're worth.

Do they cover themselves? Do they pay for themselves and throw off income that I can live off of? Right? And notes of course. So notes, the end the income and and you gotta write it because the people, the savers and the people that don't have hard assets and there's a whole bunch of people in The US that don't have any exposure to the stock market and to them really wouldn't matter personally.

Okay the stock market goes down in half, oh well their life still goes on but what will happen is the people that used to feel rich, that 10% then owns you know half half the rest, keeps the rest of the economy, they're gonna all of a sudden feel poor and they're not gonna be spending money so that's gonna trickle down. More layoffs, more this, more that. I think there's a lot of exciting things happening. It's such a a really, interesting thing where, there's so many crazy we're on the edge of thing things are about ready to be in a way they've never been before. I just think we're in new territory where they're resetting the financial system in one way or another.

You can already see it. You can already feel it. And on the other hand, when I unplug and I just get up in the morning, go into my little meditation room and just sit, there is so much energetic presence that is so thick, it's it's amplified as well just that feeling like all the energy is higher, the things that are getting crazier and crazier but also the things that are getting like happier and happier and it's like, okay, need to cry about that thing. Oh, I remember that old thing. Oh, I'm still kind of like carrying a wound about that.

I'm gonna I'm gonna get through that and you just like shed this stuff as things come up. Life is so great. It wants it wants us to live our best versions of themselves so it's not gonna let us slide by. These are times like here's this thing that you've stuffed for thirty years, it's time to fix, it's time to look at this and move it through or an idea that you have that's no longer relevant, it's no longer applicable, you took a wrong conclusion from a past experience, now it's time to shake that off. There's just, think like in my own personal reality bubble just taking with my own family and the dynamics that, there are some dynamics that I've always felt really blessed with family, but like there are some things that are 180 like we look and I go, in the last ten months how did this, you know, these sisters are now besties?

And I don't know it's like there's a level of goodness and elevation and power that's coming online. I don't know if you're feeling it but there's so many really really good things happening at the same time that all this other stuff so it's just like which Which

Which Which? It's like spiritual movement.

It is. You can feel, it's so palpable and people's lives are changing like one eighty. Like a week is a year. Okay. You were dealing with an issue.

Oh and now you're done? There's just just so much support if you Anyway, that's my reality bubble. It just keeps getting more and more and more better, more better and and even the stuff that's crazy and concerning, it used to worry me more, I used to have a lot of more anxiety like have I thought of everything? Have I thought of everything, you know? Have I done and if this happens and this now I just, I don't know, there's just a quietness and a peace almost like I'm gonna even if there was a big train wreck like I'd be watching it in slow motion and I would just feel, I don't know.

My level of overall anxiety has really just gone down dramatically. Just being in the presence, being I don't know how to say it. Anyone have words that I'm not coming

up with? Biblical words. It's blessed assurance.

Yeah. Blessed assurance and, the peace that passes understanding and also accepting can't control everything so and just like and I could die and I could lose everything and, you know, and okay. But right now look at this beautiful full moment. Thank you Clarissa says that's true in my world too. The energy is strong and very high vibe.

I I totally agree. Mark says, hi, Mark. Any thoughts about the billionaires building very expensive underground bunkers, right? Plus the money missing in the government to build the tunnels and the infrastructure. Man, that has been going on so long, right?

I think when we were, isn't that why we had nineeleven because the next day they were supposed to discuss what happened to 4,000,000,000,000 or 21,000,000,000,000, I don't know, something big in the government. Know, we lost $4,000,000,000,000, where'd it go? We don't know. Oh nineeleven, next day. Forget all about that.

There's been no it was 21,000,000,000,000 I think back in the day 02/2001. Where's the where's the $21,000,000,000,000? I mean in my personal bank account if I lose 21,000,000,000,000 like I feel that, you know, what I'm saying? Okay? I'm just saying that this is a time where there are, the more awake you're willing and able to be to see things more, I don't know, it's it's really crazy out there, the distortions.

But let's say you become aware of a thing, well there's this thing that they're gonna do or yes the bunkers, what do they know that we don't know? Okay? Or this attack is planned on this or they're gonna do this and we know Palantir and all this stuff. There's a lot of and the CBDCs and the digital IDs and and all of this, it's very scary. And so then I just go anything that used to go, oh my God, that is really alarming but now I just go, Oh, now I know what I want to pray for or Now I want to know how I want to use my vision to make that different.

Instead of getting anxious about it, go, okay, I'm gonna use my creative and my my prayer whatever, combination of things whatever I just like, oh, I'm gonna pray about that and I'm at least gonna clear it out of my own body so I don't resonate with that. And I do think that miraculous things are are happening as crazy as there get I think there's so many miraculous things happening but we have to be able to move through our own shadow. When things come up we gotta, if we see something ugly in ourselves we gotta call it. No b s. Don, you know what?

That's what you are. You did that. And I go, yep. Wow. I did.

I see it. That's not pretty. That doesn't smell good. Okay, but since I see it then now it's aired out and it's gonna shift and it's gonna move. Same thing, we have a lot of things collectively in our society, in our culture that's gonna come up that has been coming up for a while but it's gonna get so loud, it's going to be very disturbing, think.

Very hard to deal with disillusionment, darkness, shadow, malintent, It's really, really hard. I mean, I was I I grieved so two years straight, I was grieving during those COVID years where I'm just like, I cannot believe the darkness of this agenda. And I and I'm so grieving so hard for what people are doing to themselves, and they have no idea what they're doing to themselves and their kids. It's, like, so devastated. That's why if I get super, super wealthy, I'm when those when those, you know, med beds or whatever, when the technologies, the healing technologies come out, a lot of my money's gonna go to that because I wanna there's gotta be a way to fix, you know, a lot of these dastardly things.

So, anyway, here I am blabbing and blabbing. Blab, blab, blab, blab. Yes. Our outer our outer is a reflection of our inner and this yeah. Do the spiritual work and be at peace.

And a lot of times spiritual work isn't going la la la. I'm not looking. I'm just happy. Spiritual bypass. No.

It's going right through Jim, thanks for being here. Thank you so much. Great to see you. Happy holidays. So, anyway, nope.

It's just being willing and able to integrate the shadow, and it actually makes us stronger when we can.

Dawn, I wanted to share, that in terms of investing and what you're just talking about, like, being able to get more emotionally and spiritually resilient. I actually am looking at, at a fund that is, expanding mental health centers. And so that that's one of the ways that I am diversifying my portfolio. So it's Beautiful. It's not the real estate.

It is it is the actual business set of things. But, yeah, they were, like, opening, you know, dozens of mental health centers. So, yeah, that's one way I'm

doing that. There's a that's beautiful. Thank you for sharing. And Mhmm. You know, there what it's it's a time there's so much creative support.

It's a time to actually dream big. Dream big. Dream go for it all. Get really clear. What does your heart really want?

If money weren't an issue, what would you be building? What would you be experiencing? Would you be serving? What would your life look like? This is a time to dream big because anything's possible.

So much is possible. There's so much support. So, anyway, I guess I will wrap this up. I thank you so much. Many of you have been with me a long time, and I have appreciated you being with me this year.

We are going into exciting, exciting times. It's not gonna be boring ever, and I just, I just thank you all for what you bring to my world and, how you share and create change in your own world. And so I guess just one last time for this year, go out there and create financial solutions, just one mom and pop to another. I will see you guys next year. Take care.

Bye bye. Thank you. Thank you. You.

Good morning, everybody.

Thank you. Bye. Bye, Mark.