We are living in a very phony environment.
Some might say a simulation . Where people are easily able to appear much different than they actually are.
I didn't really understand the “magic of editing” and what it meant until I started my own YouTube channel and learned how to edit my own videos.
Its very easy to cut out the parts that make you look like an idiot.
I have had many meetings in the last few weeks with people making claims and promises that are not in the realm of reality. Some might say that I am that guy.
Just because someone has a social media account, on some social media platform, saying that they are great at something, and showing that they are great at something, doesn't necessarily mean that they are great at anything.
Remember all of the Crypto geniuses? How many of us got hosed out of money on Shiba Inu? Or even the Almighty Bitcoin? How many of us lost money on that crap? (I actually like bitcoin) I can't tell you how many videos I watched about crypto currencies and NFTs and Metaverse Real Estate. Thank God I never bought any metaverse real estate. I was f****** close though.
What about realtors and mortgage agents? The internet is flooded with sub par Realtors posing on Instagram and tiktok in Gucci attire, flashin’ that sweet Rolex while rollin’ in their pimped out matte painted Rolls Royce. Driving up to some palatial mansion in order to stake their sold signs for the masses to see. While they stand in front of the home with they’re arms folded, proud of what they just “accomplished”. I’m guessing that most of these are staged.
I’ve done a lot of great deals and there is rarely a drone flying around filming my celebration.
When we deal with these realtors in real life we see that they don't have a f****** clue about real estate.
Some of them will commit fraud in order to get you into a home you cant really afford. We find if we do a little digging, that they have been in the business for 3 years and have made 2 transactions. 1 of which was co co-brokered. A friend of mine has an interesting and funny phrase that he likes to say about select Realtors. "some don’t even know how to hit the he reply button”
And don't even get me started on Mortgage brokers on social media. Pretending that they didn’t know that there was fraud going down. Right underneath their noses. Just check the mortgage brokers mortgage applications for their own homes if you want to see the real mortgage fraud. Some of them have been virtue signaling and throwing their own kind under the bus. Some of them have the nerve to block me. Geez.
I mentioned in an earlier sub stack that a friend of mine recently started a landscaping company. And when I say started a landscaping company, I mean that he wedged himself in between a landscaper and his current network of friends and clients. He isn’t stupid. It is definitely the right time to start a construction company as I have discussed previously as well. He has immediately been able to get projects.
From the Landscaping projects He has been offered interior work including a finished basement.
Now he is a general contractor.
He started the business a few weeks ago. I can assure you from knowing him for over two decades that he doesn't have a clue how to be a general contractor. Now he'll tell you that he built his own house and that he knows a thing or two about Construction. But rest assured from my experience that hiring a general contractor to build you a house and being the general contractor that builds the house are incredibly different things.
If I'm being honest here, and I do try and be honest here.
The first renovation project I was ever hired for as a general contractor was way bigger than I was capable of handling at the time. I had certainly never handled anything close to it previously. If you were the potential client you never would have known.
What happens in the background of a construction project stays in the background of a construction project.
Even the most seasoned professionals, if you saw what was happening in the background of their businesses you would likely be shocked at the inefficiencies and inorganization that lead to ridiculously expensive mistakes and expensive delays.
In my case it was a little bit different, because I had been in the construction industry for 10 years prior to starting my own construction company. But to be honest with you I had no right working on that project and everybody involved including me is damn lucky that it went as well as it did.
The industry is so fat and bloated that if you're able to find enough labor and you already have good connections and a good network, most anybody can inject themselves in between the labor and the clients and make some decent money. The clients on the other hand may end up getting a proper shaggin’in the process.
As we see the larger projects slowing down because builders have slammed on the brakes on most projects. That labor still needs feed their families. We'll see a shift of more inexperienced and incapable general contractors taking on projects that they have no right taking on.
Be careful out there right now, because as many peoples incomes are looking to go down or disappear completely, while home values are slowly trending down, and as interest rates are quickly moving up , people are acting bananas.
Anybody need their roof done? I know a guy.😜
Please do me a favor and help me grow. Please share The Frankfort Report with at least 1 friend you know will enjoy this nonsense. Thanks very much for reading. I really appreciate it!