Tarek El Moussa - Real Estate Investor and Television Personality

Right About Now - Legendary Business Advice

Welcome to another episode of The Radcast! In this week’s episode, host Ryan Alford talks to Tarek El Moussa, Real Estate Investor, and Television Personality.

Tarek discusses what he did after losing his sales book, how he got started in real estate, and his defining moment. He also describes why he chose real estate as a career, his initial expectations about it, and whether or not his goals were achieved so far. 

Tarek explains how he developed certain tactics, which he employs step-by-step, as well as how social media has helped him in his job throughout the pandemic.

As the host of HGTV's “Flip or Flop”, he reveals what it's like to be on a reality show, how real it really was, and the extent of staging that was done to make the show  more interesting. Tarek also gives an overview of his online real estate school, “Home Schooled by Tarek”

He also shares some trends in real estate and provides advice for those considering investing in properties.

If you want to learn more about Tarek El Moussa, check his website https://www.therealtarekelmoussa.com/ and his Real Estate School: https://www.homeschooledbytarek.com/. Follow his Instagram: @therealtarekelmoussa and Facebook: https://www.facebook.com/TheRealTarekElMoussa/.  

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2022-05-03 35 min Transcript

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Transcript

 At the end of that free seminar, you know, I'm not freaking I walked up to him and I handed him a piece of paper
 It's you know, I said hi. My name's Tarko Moussa. You don't know who I am today, but one day you will
 They're missing all the real shit. I I spend 10 years of my life miserable and alone working
 You know 16 hour days to make this life happen and that's really what it takes for key to success is getting comfortable doing what's uncomfortable
 So what what was the lesson my dad taught? Yeah
 You don't get shit for free
 No one's gonna do it for you, but you and the only way to get success is to put in the work
 You're listening to the radcast if it's radical we cover it
 Here's your host Ryan offered
 Hey guys, what's up?
 Welcome to the latest edition of the radcast
 We're talking houses today my friend. We're talking radical flipping radical entrepreneurs
 We're talking Tark El Moussa. What's up brother?
 Not much money. How you doing? Hey, man, just trying to get the hyperbole going over here all the hype for my for my friend Tark
 I've been watching from afar. My wife doesn't let us miss a single episode of flipping 101
 Which I know you're the host of and of course the historic flip or flop so
 It's good to talk to you man
 You guys are gonna be busy because there's like I think like almost 200
 Dude we see them all I think like we're getting like around the reruns, you know
 HTTV's got us got us got us hooked up
 But house life treating you brother
 Life's good. You know, Heather and I we just had our five-month anniversary, which is very exciting
 We got married last year
 Kids are doing fantastic. We're excited that we're going into spring
 Buying as much real estate as I can teaching as many people as I can and just having a lot of fun
 I know it looks like it. I've always liked your kind of spirit on the show. There's kind of like that
 I don't know what it is. You have a real approachable quality to you
 I think feel like they've you come off knowledgeable
 But you never come off like arrogant. It's just like I don't know. I think there's a real good
 I think that's why the show was so popular and had a longevity. I mean you guys
 Dude, no people walk on TV and they're like is this guy can do it. I mean shit
 Like is this guy can do it anybody could do it actually most people don't know this
 But I actually learned how to flip houses while filming the first season of flipper flop
 I had no idea how to flip houses. Hey, you pulled it off. Hey, man
 Maybe you got some acting possibilities to them, right? That is how you're saying
 Hey, and I appreciate the branding. I like the TEM hat
 Very good. Hey as a as a marketer at heart. I
 appreciate the
 The branding nods
 Well, there's a there's a really really great story behind this hat
 So, you know, I've been on TV for a while now as you said I've done all these episodes and over the years of all
 Said people coming up to me they're like hey, Tarak, we want a partner with you
 We want to buy real estate with you and and honestly my answer was always no because I was like well
 How I don't really need partners in to go flip a house, right? I can do that on my own
 So, you know, I'm just obsessed with real estate and then I created the company TEM investments and TEM investments gives investors
 The opportunity to partner partner with me and we're out buying apartment buildings right now
 So last year we bought three apartment buildings in Arizona and in a few weeks. We're closing on
 190 unit and Mesquite, Texas
 So if anyone wants to partner with Tarak, you got to check out TEM investments. There we go
 I like it good plug and I love the branding
 You know, I had a great hard on on and last month and he was
 Everybody's it the real estate things hot man. Let's just be honest like it's like crazy every the smartest guys I know
 Uh, and you know, I you're it sounds like you might fall in this camp, Tarak the
 Grants telling me in my ear about real estate. You're talking about it. I mean, what is it about real estate right now?
 That's just so hot I
 I mean, you know, there's so many amazing things about real estate like one is people are extremely excited about
 The appreciation of real estate right but at the same time the last couple years
 We've seen the fastest appreciation and I think US history
 So that's one thing to look at but you know real estate is an amazing thing you can it you can depreciate the
 Against your taxes you get appreciation you get cash flow you get leverage and it's just a fun and exciting business
 Yeah
 Let's some let's back up for a second, Tarak. I do want to um, and I'm sure you've done
 Done these in the past, but I do want our audience to know
 Obviously, you've been on reality TV for 10 plus years. Um, yeah, I'm sure most have heard the name if not
 But I'd love to give you know a little bit of that organic story for you, you know from
 You know, just that professional journey
 Yeah, sure, so I'll give you the uh the three to four minute version
 You know, I got out of school and at 19 years old I was selling kitchen knives
 Most people know cut co-kitchen knives because half the world has sold those knives
 Um, and I ended up losing my sales book and inside my sales book had all my leads all my contacts and back then when I was 19
 That's how I made my living
 So I lost my sales book
 I was going broke. I didn't want to get a job as that a Washington mutual bank
 And um, I was just standing there at the ATM machine and I was like I was like shit
 You know, what do I do now? I have no money and I and I swear two story
 I looked up to the right and there's this big crooked sign said why is the old owl real estate school?
 And I had a defining moment
 I called defining moment of a moment in your life that changes the trajectory of your life
 So I was like shit, man if I can sell knives I can sell houses
 So I walked right over to that crooked sign open the door walked in and I signed up for real estate classes
 And it was a rocky ride. So I was officially licensed. I believe uh at 20
 And my first six months in the business
 Young hungry motivated excited, you know, I completely struck out. I didn't get one sale
 And I wanted to quit real estate
 And I hated school and I was going to go back to school
 And randomly there was a
 A seminar coming into town by the name of a guy Mike fairy and it was a real estate
 Coaching seminar. It was a free seminar and I was 20 years old kid, you know
 I just got out of high school. I didn't even know that coaching existed in the business world
 That you know for me a coach was a baseball coach a football coach a hockey coach, right?
 Like I didn't even know you can get a real estate coach
 So I go to this free free seminar and by the end of this thing like this Mike fairy guy has me convinced
 I'm the smartest out of a lot of a bitch alive
 I'm going to be the most successful guy alive like he convinced me I was unstoppable
 And it was like all mindset it was wild and at the end of that free seminar
 You know, I'm not forget I walked up to him and I handed him a piece of paper
 As you know, I said hi. My name's Tarkel Moosa. You don't know who I am today, but one day you will
 By the way, he knows who I am now
 I bet he does
 And so what I did is I signed up for one-on-one coaching
 And back then it was a thousand bucks a month and like I'm like we're going to get a thousand bucks a month
 Like that was like a zillion dollars back then. So of course I put it on my credit card
 And for me personally
 I was going through a really rough period in my life because I had just broken up with my girlfriend
 My parents got divorced my mom rented out my bedroom because she needed money. So I moved into her garage
 And so now I'm and it was a real garage
 It wasn't converted like there was cockroaches and spiders like my dirt bike was in there like WD 40
 It was a garage
 And it was it was crazy what happened
 So I literally went all in I put this on my credit card and I
 If my coach told me to do something I would do what he told me times 10 like whatever he told me to do
 I would I would blow the the the goal out of the water
 And my life felt like it changed overnight
 So I believe it was within three or four months
 I earned I went from earning zero dollars in six months to
 120,000 dollars in commissions in a very short period of time which average
 I think it was like 30 40 grand a month. So imagine being like a broke 20-year-old kid
 Next thing you know you're making 40 grand a month and it was like, you know
 Damn
 So I'm within within I think four or five months. I moved out of that garage
 I bought almost a million dollar house up in like N.I.M. Hills, Orange, California
 And had no furniture had nothing I moved into this house and I thought I made it
 I thought I was king of the world
 And you know what I was doing really well with real estate
 And I built my business through prospecting pretty much cold calling expired listings and door knocking that's I just hustled man
 It was just a hustle and
 2007 came around 2006 came around
 Why me out add to sell my house add to sell my car and so I had to sell everything I had and I moved in this little
 You know little crappy apartment and talk about some depressing years. So for two years it was rough like
 Everybody was running out of real estate homeowners were calling me to like take my keys. We don't want our house
 I was like wait what like what do you mean you don't want your house like literally just go you can have it
 Like I we don't want it
 And I didn't know what to do
 So I remember I did the shorts. I did a short sell transaction a first a second a third and H.O.A.
 Lena I or S Lena worked this deal for like a year at the end of the day
 I made like $7,000 and I was like and then I looked at the investor
 I sold it to he put on the market a week later after painting it and you made like a hundred and 27,000
 So that that was the moment I knew I was like wait a minute
 I found the deal I negotiated the deal
 Why am I not making the money on the deal so that's what I decided I want to be a real estate investor
 So now I'm 29 years old
 So I pitch everybody I know like literally everybody I know and every single person I pitch had every reason why it's not going to work
 Of why I was going to fail. Oh, it's too risky the market's bad
 You're too young. You don't have the experience. You don't know construction like every bullshit excuse
 You can think of it every time someone would tell me no it would piss me off more and get me more motivated to prove them wrong
 That I could do it because I'm a guy that's insecure enough to like so
 Yeah, so I was like all right. I can't do it. I'm gonna do it. I'm gonna do it. I'm gonna do it
 So I finally found a guy to do it
 He's actually still one of my business partners today Pete the best and we bought our first flip Santa
 And a California paid 115,000 for it
 remodeled that thing and we had to make him profit of about 34,000 dollars
 The interesting thing is
 The first week we bought that very first flip
 I was at a real estate convention in Las Vegas
 I met a guy told me he got a local TV show and he got a bunch of business out of it
 So I leave that seminar. It was my favorite seminar again
 And I was like man, I got to get on TV. I said I was like how do I get on TV? What do I got to do?
 And um, it was like 10 o'clock at night. I'll never forget my ex-wife
 She's like you coming to bed. I was like no, I'm gonna get us to TV show. She goes you go. You're crazy
 I said I know I'm crazy but crazy works
 So I literally just jumped on my computer and I started googling like Hollywood production companies
 Los Angeles production companies and I just sent like resumes and pictures and and said hey
 I want to flip houses on TV
 So what happened was I wanted to be on TV and I had just bought my first flip
 So this is where the idea for flip or flop came from. I was like well shit. Why don't I flip houses on TV
 So the production company next day they email me back and they're like send a home video
 I send the home video. They like the home video
 Then they wanted to do a two-day professional shoe which is called the sizzle they came out for two days
 And then they shot that out to the networks and nobody wanted it
 We got nothing so I had given up on it
 But I was still working on building the real estate stuff. You know TV was like
 You know if it happens it happens. Yeah, and then at 10 months later
 I got to call from HGTV or from the production company saying you're not gonna believe it
 But HGTV wants to be a pilot so it was summer of 2011
 Um, we shot the pilot for flip or flop
 And then you went back to the network and immediately after they got it
 They loved it and then they sent me a contract to do 13 houses in 10 months on national TV
 So as you can imagine you should you should be excited, right? Yeah 13 you got a TV show
 Well, here was the problem a one. I had no money
 And two I had no houses and three I didn't know how to flip houses because
 But in my life I was only on my third flip
 So I went from doing three flips in a year to now they wanted 13 and 10 months on TV
 So I remember I called my lawyer at the time I was like well, what's the worst thing that can happen
 He's like well, they can sue you and I looked around in my room and I was like
 So so I signed the contract and that's what I did man
 I burned the boats I went all in on that and that first year
 I just didn't sleep and I said I'm gonna learn how to flip these houses while filming this show
 And um, we'll get off and we ran that show for 10 seasons. It's the most most famous house flipping show of all time
 Dude, what a story
 And you know, it was a wild ride
 Public divorce in there and a whole bunch of other wild shit, but you know, it's been fun. I know
 You know, but people don't know I don't think people know that that's so I'm glad
 I'm glad for people to hear your side of kind of like that backstory
 Every person I have you know, we're roughly the same age. I'm I think I'm a little older than you
 But
 Everyone that's been in our circle that 2007 8
 I know exactly where the story's going as soon as they say the year it's like
 Tank, you know, it's like well, almost every interview especially real estate, right?
 Like people don't understand talk about hard times like shit man
 I went four months in 2007 without a paycheck
 I was so broke. I used to go to subway and still lemonade and water cups splitting five dollar footlong
 It's like people don't get it like they see my ass on tv flipping like it's they they're missing all the real shit
 I I spent 10 years of my life miserable and alone working
 You know 16 hour days to make this life happen
 Yeah, and that's really what it takes the key to success is getting comfortable doing what's uncomfortable
 There you go. It's in my personal Bible. Glad you could say it. I like it. I like it
 So a lot to unpack there. Um, I do
 It's so funny
 You were talking about the pump up a seminar for real estate stuff like all that shit
 Every person that comes out of those things is like so pumped up
 It's like coming out thinking they're gonna knock the world out
 But you're one of the few people that actually did it, right? Yeah, but you wanted to why?
 Because I was willing to suffer and put in the work where most people they're not willing to put in the work
 So I'm a big believer that anything's possible if you're willing to put in the work
 So where did that come from Tort like I had it how did how did that is it just innate
 And I have this discussion a lot with guys like you it's like
 Nature nurture, you know, like which one is it just just yeah, you know, do you like I said earlier
 I hate when people tell me I can't do something it really pisses me off and I you know the biggest coach in my life was my dad
 Um, not not a you know, he's an immigrant to this country by he coached me on mindset and really mostly on sports and
 At five years old I learned a very valuable lesson my dad was the soccer coach
 I love playing soccer and he was an incredible player
 So my dad was actually invited to be the head coach of the all-star soccer team
 So as a five-year-old so excited and then when my dad picked the team he didn't pick me
 Oh shit
 So yeah, so he did he didn't like I'll never forget being at the dinner table
 Five years old just like crying my eyes out and I was like well, why didn't you pick me and he he said son
 I love you. You're not good enough
 But he said I never forget he said you're not good enough, but if you work really hard next year you're gonna make that team
 Damn, so what what was the lesson my dad taught me? Yeah, yeah, you know, you don't get shit for free
 No one's gonna do it for you, but you and the only way to get success is to put in the work
 So that's what I learned at five years old if I wanted something I had to work for it. No one's gonna give it to me
 Hey, I love that. Hey, man
 Hey, yeah, a lot to learn there. I feel like everybody thinks it's gonna be handed to you there
 The biggest thing now is just things come easy. It seems or they think that it does and uh, it's the biggest misconception
 The world is being misled by is how easy things can you know?
 This is 20 years later shit things are easier now, but it took 20 years of hell to get to the easy
 Yeah, that's right. That's exactly right. So uh talk about
 The reality TV for a minute
 So I mean you've done it shit. I mean most reality TV shows do not have the longevity you guys had
 Number one, I mean, I'd say you're probably like the top one percent if I just had to guess purely unscientific guests
 But I would guess you most of them would go at a year or two three years. So your 10. Yeah a couple seasons. So
 How real
 Was your reality TV
 Yeah, it was real because I don't know like here's the here's the like if you watch my show like literally
 I wore like sandals black board shorts t-shirts
 I looked like I was home like a bomb half the time like I didn't even I didn't even think about being on TV
 I was just thinking about not going bankrupt because I didn't know how to flip houses and just unfortunately there were cameras there
 So like it was all real like at the beginning
 I didn't know anything about anything and I just kind of figured it out as I went
 But I guess I meant as the whole you know, because I mean obviously you talked about the ups and downs your whole life is being played out
 Be your kids grew up on reality TV in a way. I know they weren't the center of the story
 But obviously, you know, you watch them through the series like yeah, maybe I was I'm growing up like did it become
 more
 Staged might be the wrong word, but like how much
 Staging is involved in kind of making the show as interesting as it was
 You know like, you know, you're following the processes of a flip right? So you can't stage that you have to show the demo
 You have to show the walkthrough you have to show the design you have to show the remodel right? Yeah
 And then outside of that, you know, it would follow small parts of our personal life
 You know, it wasn't a personal life reality show
 So it only it only gave a little peek inside of a personal life. Yeah, did um
 What's your net net from the show and I'm talking not and we'll get to flipping 101 in a minute
 We're talking with torque torque El Musa from flipper flops zero entrepreneur and what seems like a pretty fucking cool dude now that I'm getting
 The uh, so torque it's a talk talk to me about like your net take away from flipper flopper you like
 High gratitude really appreciate. I don't want to put words in your mouth, but like what's what's your name? You know
 I mean shit, you know, I'm 40 years old now and and I spent almost a third of my life filming that TV show
 So, you know, it's a part of me. It'll always be with me. I'll always have those memories
 I mean shit when I'm a 60 70 80-year-old man. I can go back and watch myself as a 29-year-old kid
 So it's definitely something in my life. I wouldn't change and it's been an incredible experience in one hell of a ride
 how do you um
 Think about it. I as you know, you talked about the company, but I like to talk about this
 We do it. We work a lot of of CEOs founders in personal branding
 and obviously
 Having the show on TV for 10 years certainly elevated you to to your persona and all that but
 When I say the words personal branding to you, where does your mind go with you know the taric el musa brand and like your perspective on yourself
 You know, I'm a big believer and like you know, not just flipping houses
 I'm a big believer in flipping your life like I'm talking about upgrade your wardrobe take your goddamn vitamins
 Go to the stupid gym by nicer clothing get your shit tailored always be the best version of you possible
 And it's always I'm always going under a remodel. I'm always working on myself. I'm always trying to improve
 I'm always trying to become the best version of me
 Do you um, I guess you're obviously have have seen and understand the leverage that comes with the attention
 You've built through the show, right? You know being known pays dividends as I like to say
 And I feel like that's paying dividends for you even now, right?
 Yeah, I mean it definitely helps with certain things but like when it comes to real estate
 It's not like oh, I've seen you on TV. I'm gonna take less from my house
 So I still got to operate a business. I mean if we're working our asses off every single day
 And you know, it's a grind and we're just hustling. I actually wondered it's what do you say that like I actually started to think I've
 You know my wife and I watched I think we've seen every episode we have it a flipper flop and
 I watched it and as the years went by I started to wonder like
 Was it would it be did it become harder to get the deals or easier because I feel like if they know what you're doing now
 And you're the famous flipper
 It was it ever like get in the way of potentially because they're like damn I this guy's just I know what he's gonna do at this house
 He's gonna you know make all this money on TV. I did that ever play a factor. Did it help you get more deals?
 Um, you know mixed bag, man
 Sometimes it helps sometimes it hurt, you know, but you know finding deals today is definitely more difficult than it used to be
 I mean I when I first got into flipping I mean all of my business came from you know outgoing prospecting calling texting door knocking
 And you know today. I'm very very heavy in marketing. So yeah, it's just different. Yeah
 Well, you said that so like marketing so like
 How much of this marketing what what's marketing to you like what's uh
 What what's your appreciation level of marketing and the role of it and kind of what you're doing
 I mean marketing's everything you got to get your phone during so like for me
 My first 10 years as an entrepreneur 12 years as an entrepreneur. I never did any
 Marketing. I was taught sales and I was taught sales on the phone
 So all I did was call people all I did was text people all I did was network with people
 And then as the short sales and those things started to dry up. I realized well
 Hey, I'm building a brand now. I should try this marketing thing. So in 2000 and I think
 13 is when I got into marketing and today we're doing heavy marketing hundreds of thousands of dollars a month
 We have TV commercials running throughout Southern California
 We have heavy digital marketing campaigns running we have print mailers going we have driving for dollars
 We have cool calling campaigns. We have texting campaigns. We have email campaigns
 So we're just always hitting everything you know and and I say you know
 In order to get leads you have to hit them from land air and see you got to hit them from every angle possible
 I like that land there and see there we go ding ding ding I'm a nika my producer
 I told him to circle the marketing is everything we might use that in some promos
 Haha
 Exactly. So let's talk about flipping 101
 I think we're finishing season two about ahead into season three
 Uh talk to me about uh
 What people if they haven't already tuned you know, move made the jump from flipper flop into flipping 101
 I'm sure if they were they see your promos sure they've made it yeah talk about that
 I mean, it's really similar to flipper flop, you know, but it reminds me like the old and flipper flop days
 When I really had no idea what I was doing. So it's a fun show because you know, I'm an experienced house flipper working with these rookies and
 Like like to be honest. I have so much knowledge and so much experience
 But they still don't listen to me, you know, thank god
 Because because they don't listen to me makes such a fun show
 So for the viewer they're watching they're like just listen and of course they don't listen and then it doesn't work out
 So for me like flipping 101 has been crushing it in the ratings
 People are really liking that show
 So if you guys want to see a really exciting show you got to check out flipping 101
 Yeah, so you're you're taking the novice the early the guys that were you
 Maybe the true you from season one
 And uh, and uh
 You're walking them through the ropes. It is funny. I watch every town there. I'm like you're giving them advice
 And I can tell the setups coming you know like you're telling them. I'm like they're not gonna do it
 They're not gonna do it. It's like yeah
 Why don't they fuck to do it? I'm like why are they
 It's one of those things but like I coach people all the time
 So obviously I'm coaching people on the show flipping 101
 Um, but outside of flipping 101
 I'm passionate about coaching like it's my favorite thing to do
 So I told you early on as a broke kid. I got a coach and I made all this money because my coach actually showed me what to do because
 I just had no idea what to do. So what do you work on when you don't know what to do?
 It's like trying to teach yourself golf. Well, you're just gonna keep practicing the wrong swing. How are you gonna get better?
 Right. So so I'm passionate about coaching. So that's why I actually launched an online real estate school
 Called homeschooled by Tarek
 And now we're teaching people across the country how to flip houses how to buy rentals
 And that's and that's been very exciting too homeschooled by Tarek people go check it out
 And it was actually a great name because I came up with a name homeschooled
 Before the pandemic came out and then everybody had a homeschool their kids on everybody knows homeschool
 He's a true marketer folks. He was ahead of his time. He knew the pandemic was coming
 What's uh
 Talk to me a little bit Tarek about like real estate advice
 People are listening. I like to get all these experts on and we like to share knowledge with with our audience
 Hot market
 Lot going on. I know they we're gonna link to some of the stuff that they can get involved with with you at the end where you can
 I'm sure go more much more in depth. But what what some
 Trends or tips or you know things you put out there for people that are thinking about real estate investing
 Yeah, well, I mean, I mean, I think it's the absolute best business in the world
 But at the same time I always say you know before you invested anything you you have to invest in yourself
 What does that mean it doesn't mean the first step is to go out there and buy a house tomorrow
 It means the first step is to learn about the business to learn how to buy a house and then you go buy a house
 So it's really important to have some knowledge and it's it's not rocket science
 You know just get a little bit of knowledge and get the prize and just start the process and I'm a and I'm a big believer in
 You know just take your time if you get it if you don't get to deal your first month
 It's okay if you don't get to deal your first two months. It's okay
 You don't get to deal your first three months
 It's okay as long as you're practicing and as long as you're learning because over time
 No matter what just like riding a bike things are gonna start to click
 How what's the biggest and I know you go through this on flipping 101 but people get into flipping
 What do you think the biggest misconception is with flipping?
 Uh the biggest misconception is that you make your money from the construction might be one of them
 Ah, okay
 So yeah a lot of people are so focused on
 The construction so they're so they just want to go buy a fixed rougher and then they think about the remodel
 Just because that house is a piece of crap
 Doesn't make it a good deal
 So it all comes down to what you actually pay for that house
 So it's very important to buy it at the right price because if you get it at the right price and the things go wrong
 You're still gonna be okay
 in other words
 Focus
 More on the pig and not putting lipstick on it
 Yeah exactly pretty much
 And that's it you know you have to be a hunter you have to know how to generate leads
 You have to know how to evaluate properties
 And ultimately you need to know what to pay for real estate. Yeah is um
 What percent of like what you're up to now is still in the the flip part of it
 I mean is that
 Still like the the large portion of what you're doing. I know you you've got your hands in a lot of stuff
 Yeah, yeah, so we're not really doing much wholesaling anymore just because the market's been appreciating so fast
 Over the last 60 days. I think I think I bought a right around 50 flips um and probably
 10 to 12 rental properties
 So you've bought 50 in the last 60 days that you are in the active process of renovating and flipping
 Yeah
 Shit
 And you made a sound like you know
 I'm over here trying to figure out how to buy 5,000 in 60 days
 So I'm I'm pretty pissed off of myself right now. No
 These all in your air like all in California
 So Cal yeah, so yeah also Cal
 So 50 and so kind and then the rentals are and then the rentals are out of state. Okay, different markets
 I've house is North Carolina, Atlanta, Oklahoma
 um
 Just different markets. Yeah, so you're so you're flipping out of California though
 Or is it just no just rentals out of California? So rental properties my partner
 We owe and I think it's right about 160 houses right now as rental properties also funded
 So no outside investors and then we we've really just been grinding on building the flipping business
 And made a lot of changes over the last couple of years here and we're really starting to see some great results. Yeah
 how long um
 The TV thing. I mean, you know, flipping 101 headed in season 3
 I mean, do you see that as kind of in your
 You enjoy the TV the the production side the you know, it's not all glamor as you know
 It's tough, you know, it's tough being on TV especially when you're an entrepreneur with a bunch of ADHD, you know
 TV can be slow, but at the end of the day to be able to watch an episode
 It's extremely rewarding and be able to coach these people. It's extremely rewarding
 So like I have no plans of getting off TV. I'm just looking to continue to build my brand
 Get better at real estate teach more people and help more people make money with real estate
 How do you uh
 Where do you get your knowledge and now you've you know, you're kind of in the
 Prime of your career like knowledge and you know opportunities you've you've learned a lot
 You've got the I don't know thicker skin maybe from the experiences of 2007
 I mean like but where do you what's your source of?
 I don't know knowledge learning and other things now that you're kind of at your level
 Sure, I'm a guy that learns by doing yeah, that's it
 I learned by doing like what does that mean?
 Well, how do you get off market deals? You gotta talk to a homeowner
 So I picked up the phone. I sounded like an asshole
 I had no idea what I was doing
 But I was calling off market and as time goes on just like in sports when I was five years old the more you practice
 Had something the better you're gonna get
 So for me like I taught myself how to flip houses just through you know practicing and trial and error
 I tried everything I put signs on the freeway. I don't know how that texted
 I called call they drove for dollars you name it I tried it. I did everything
 Talk about family
 You know, you know kids are growing up on TV in a way obviously not as the central characters
 you know
 It's five months into a new marriage you and Heather seem extremely happy
 You know, what what's that part? I just seems like a really important part of your life
 It is the most important part of my life, you know
 I'm a two-time cancer survivor
 I had some pretty sketchy years there for a while
 I wasn't sure what was going to happen and and now I'm the healthiest I've ever been in my life
 I'm the happiest I've ever been in my life and I'm 40 years old and I'm just so focused on my children
 I'm focused on Heather
 And we're just we're planning on having another another baby soon. So I'm just looking to
 Family and I'm I'm just so excited about life because for me like when when the kids are older
 It's gonna be a family business, you know
 I want the kids coming in working with me
 I want them to do real estate investing. I want them to be passionate about what they're doing
 And I'm really excited for working with them. That's cool. It's a it's a good legacy to be living
 I mean, and you know what these made you know as we're kind of concluding talking with Tariq El Musa
 From flipper flop Ciro entrepreneur flipping 101. We're gonna tell you the links here at the end of the show
 We want the legacy to be brother. I mean like what's I think you've encapsulated throughout the show
 But I do want to kind of reiterate for everyone where do you know 23rd year should I like well you look back
 I want what do we want people to think and remember about about Tariq?
 I want people to think remember that anything is possible
 I showed the world that a guy that grew up with no money in Bueno Park, California and ended up on TV
 With a dollar to his name and he did something with his life while a TV camera followed him
 I want to inspire as many people as humanly possible
 I want to get as many people in real estate as humanly possible and I really want to change lives
 Because you know people change my life and it's my obligation to do the same for others
 I love it brother. So let's let's give everybody some of the places they can keep up with you
 Some of these projects how they can get involved with you
 Sure, if you're an accredited investor you want to partner with me on some apartment buildings
 You got to check TEM investments or invest with Tariq.com
 If you want to learn how to flip houses, which is to be active real estate investor go out there and find fix and sell
 You got to check out homeschooled by Tariq.com
 And if you got a house to sell you got to check out Tariqbyeshouses.com
 There we go. I love it all the places to keep up
 Tariq I really appreciate your time brother. I know there's been some enlightening things here for people
 Get to know you a little deeper a little better really appreciate your transparency and willingness to kind of open up a little bit
 Yeah, absolutely and if you know if you guys want to see a little bit of everything that's going on
 My Instagram is the real Tariq El Moussa and the reason it's the real is because someone stole my name
 There's your note for people. I I personally bought all of my children's names on Instagram two years ago
 Along with mine for that very reason
 Yeah, you never know that's cool brother. I really appreciate you
 All right, man great chatting with you and until next time
 Hey guys, thanks so much for Tariq El Moussa coming on show you know to find us where the radcast.com
 Search for fluperflop or any of the content from today all the highlight clips will come up
 I'm at Ryan Alford on all the platforms. We'll see you next time. All right, cast

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