From the headquarters of Ramsay Solutions, broadcasting from a dollar thirty day. Ramsay show that is down measures, gay and paid all mortgage has taken the place of the Bmw ass, though status symbol of choice on day rams you, your host, thank you for joining us. Open phones, AAA eight to five five, two to five. That's aaa. Eight to five five, two to five, you drop in we'll talk

got your life and your money John Bologna Rams. Your personality is my co host today on the air we breathe, You guys hanging out with both at was easier to answer questions about your relationship. I q anything having do the relationships and families and innovation stress and those kinds of things, especially in these particular corona virus times so money and life here on the radio, which is pretty much what we ve always turned about, so very is gonna start us off this. Our very is in Indiana Highbury. How are you I know thanks in advance, for take my call chirp? What's up What is your process or method to?

our relations on a business and real estate arranged. I would be separate from the business it has its own value and arm in other several ways you can appraisal peace aroused, I usually has just done on a comparative by The business is only worth what profited generates

there's two ways to value a business button, whalers, three or four ways, but the two ways are most often used is if the business is not making a profit, it's probably worth what we call book value, which is, if you saw off all the parts, the inventory you collect, the receivables that are owed to the business, any cash, that's in the business, any fixtures and equipment that you can sell off from the business and the total of all of that is called book value and sometimes of the parts of a business are worth more than the businesses, because they're not generating much or any profit if you're making a profit a real profit. After all, leadership and management has been paid market rates than a multiple of that of four or five would give you a twenty five or twenty percent rate of return of twenty to twenty five percent rate of return, and so

what is the net profit on your business? Well, it's business! I'm thinking of purchasing! Ok! What's the net profit only you know that I can't tell you I'm not seeing the books he's trying to come up with a number is specifically a store unit complex. I don't know that The differences are not another or of a piece of real estate, and yet in you have tenets, then it's the business is not suffer from rose by this like buying an apartment, complex, ok, and then you about calling real. If that you would, I was called in Hawaii net operating income, and that is the

the piece of real estate has tenants that pay rent minus the expenses equals your net operating income. The rent collected minus expenses. Ok, the gross rent growth potential rent is evolving units were full minus a vacancy right minus on some. Don't pay right. A collection rate give you your actual rent collected minus expenses to run the thing: property taxes, insurance, a manager on site. Locks that break legal fees for evictions, all of those things are expenses right and there's a should be a simple matter: books the show that and then they net profit on that will give you a an inner. Why, then you ve got to figure out in real state. We call it a cap rate that you divide that into, and so, if you want a ten percent rate of return,

then you defied the inner. Why, by point one it gives you the value of the building, because in this case the buildings only worth the income that is generating because it's an income produced I base of real estate. That's how you value an office building, that's how you value an apartment. It's how you value any income. Using real estate. I will tell you that these these short units are cash cows, thanks problem making bank. If it's been runway on it's in a decent location, for the money invested in two to build one of em, they are a wise tremendous. They really do well. So I have a half a lot directly across the street

from this complex due back, do you think I would be money to start small and my own complex for european competition, where the other one man is if there's enough market, if there's enough market for storage units, if that will stand for all the time and in other people that other people want a blush to go and you get a place to go then yeah, but if he's half empty and now you're gonna make him a quarter empty and you're gonna be a quarter empty. That's not gonna mean three quarters of the ethnic work said pathology market there is. Is it is a reason for the thing: if it's a successful in it in a booming area, you probably could do really well with that, but add more by both of em on one under item work together rather than against each other sure. So

what do they do? I pick up the phone call a couple: a real estate agents find a commercial agent in the area and ask them what cooperate they're, putting on storage units right now, because apartments rather different cooperate. Different types of leases and commercial buildings will have a cap right. That's the audition the lower the cap rate, the that the greater the May, if you're willing such a lesser rate of return, more than the property is worth, and so an that's. What your cap, radio show your capitalization rated call, but yeah you probably need to get your slow but commercial, real estate advice on all these things and make sure you're not overpaying for anything and make sure you're not stepping in it as far as the other stuff goes it, but it's a great big

I just I recommend you continue to pursue it specially for paying cash for laces and Mexico highly. So your question for Doktor John me: ok per stuff. I arrived at baby set seven recently, thanks to

days temporarily regulations? Thank you. Thank you. I am an over working nurse. I will say the wasteful way with the craziness. I've been working about three hundred hours month. My my issue, as on torn I'm sayin, Google, be sixty three in September and I love my nurse and career that I have a son who, as medically fragile on this point and need an operation, are probably in June, and my sweetheart is seventy years old, who I'm just not seeing now and I'm thinking of taking the hiatus or go into retirement. One online, I wouldn't it

is laid out for me, feels right. Like my commitment, my patient, I think I think that there is a cat at such a strong commitment to them. But now I'm feeling torn and feel like I used to pay attention to sound like during this term years from which one are you regret? That's the one you, the one you go, do wonder the one years from now, your son and your husband when that one that's an easy, easy equation: touchdown this is that I represent. Well, we're spending some extra time at home. There is no better opportunity to protect your family with term life. Insurance. Zander insurance is open for business working remotely ready to serve and get you

the best rage add this to the top of your to do list and visit Zander dot com or call eight hundred three five, six, forty to eighty two to get this taking care of its quick. It's easy and now is the time to get it done, while rights are still love that Zander Dotcom recall eight hundred three five, six, forty to eighty two. Doktor John Bologna joining me as Co. Host this day, on the day, Ramsay show John one of my favorite things about doing to show all these years is that I've gotten a meet some of my heroes and actually friends with a lot of em over the years and this next guest with a brand new book.

No exception, one of my favorite people on the planet, Bob Gough. Obviously the author of the book love does and jump I last week, I'm not sure yet a book coming out much do you want to jump on and promote this book launch on the show and of course he agreed to do that. Bob. How are you my friend or doing a great deal of voice by John. Are you Bob Joy just so grateful even taken crazy time. I've got my open and looking through the things would be grateful for then there's plenty of them. A man chauvelin. His dream, big know what you want, why you want it and what you're going to do about it to me like you're, do more than just dreaming itself what you're gonna go forth, make it happen. Yeah. You know dreaming about a lot of people, think dreamings something you do in your sleep and I think it is

when your fully awake to add to your faith, to your family tat the thing Most importantly, so that's the kind of like what do you want And if you want a convertible, then you can end up, shop later. But things are actually get it out last year. Right in a day, I feel a genuine system of costs is much better. Just want some things. There did actually last, but then importantly, ask like ask yourself: why do I want that? And sometimes I don't think so Once again, I want things because I'm looking for validation so little that deeper work to just the question show. I've done a lot of my book the way you end up doing this when it was first a workshop. It was first of a similar. First, an event, and I interact where the audience and got to figuring out what was working with them and what wasn't before. I put it into a book that that's

happened was dream big. That tells me it's gonna, be a blockbuster Hope you have learned a turn and we ve done it everywhere from the department labour check cobble Afghanistan. We ve gotten people together in these locations and What do you want, and why do you want? I bet you gonna, do about it. Yet I am then we call it. I've heard you speak in at Times Dave its. We call it like breaching whale when you say something and it resonates with everybody. You hear that how'd, you get this big, those ITALY I just like other she could. I took having done this for thousands of people. I just took all the where there was a breaching whale where it seem like it made sense to people I said like all could win. From this time of a lot of introspection and fear and concern to really purpose boy

intentionally the charting a power forward, and that's why you're, let's nurse or all about are just saying know what they want. They want to be out of debt. They know They want. It is just that you don't get the bill so that they get the freedom decide what they're going to do about it, and so I would say would be the story of each of the characters in the guy. Balls, though they knew they wanted? Why they wanted? What they're going to do about it, but the other things they are good, used along the way you have no right of other folks Jesus. They thought it was the conquering here, how they were like white light like how this is applied change for us, but it wasn't for him and so for US just hoping that we have more clarity. Didn't for this time. Coming up then, hinges A dream and again- and I think the timing the book is perfect, As I keep hearing and I've been trying to yell.

But my lungs and answer to this in a lot of people above whiny your kind of voice. Your saying oil, there's gonna be a new norm. All things you're, never gonna be the same, and I'm thinkin. I hope there never the same author, better drink. Baby, you're alone, and I think I think God yelling, that with this book man, I'm so proud of you. I think those have you of your nurse out there're frayed they're gonna lose their The other half were afraid. They're gonna keep at it can combat opportunity. You don't need a ride along resignation, letter to say I can. Gender to me or mail it in your boss. I love being a new creation take long to learn about those crazy as watching for a scandal.

Love that movie did you know that every time a force was about to make a change he wore a blue, clad shirt from from the to getting out of the army memory Jenny. He wore a blue pride shirt when he was pay The name on the shrimp boat blue pleasure oh in the last seen, enforce gum his little boys, on the bus. What's a little boy where we live sure do I think, for some of your listeners, it's time to get the blue clad out. I have to say, I can actually change himself and decide that is gotta, figure out what you want figure. I do. In that sense, Why do I want, as it's just me, being its terrors may being super purposeful and then to say

what's? What am I going to do about it and you have touched countless lives, helping people decide what they're going to do about. The book is dream big about showing author Bob Golf and if you ve not read, love does you're one of the few that haven't hand. Although all the Bob Gulf books, you can learn about Bob Bob. Golf g, o, F, F, if you dont know about him, not commune. Two, I'm good order during the break in the break. I know a guy can hook. You know why, but hey so talk about when you're which stories in the book There's a friend, her name is Kelly, and Kelly ambition was to be a mountain climber, potentially her heart. She picked up virus along the way and it attacked her heart. She actually life lighted, usually medical center told You only have one day before your heart stopped. Speeding and, tragically somebody had been in a hurry.

The Iraq they took this heart out, they put in Kelly's chest gave it a flag Kelly's, been doing why I'm going around the world climbing the highest mountain peak with a brand new heart? I love tat like ours thing that boy? What Kelly's challenges is this her heart, because all of the nerves were severed I always thinks security level, and so, when she's, climbing the matter, Horn she's actually learn how to whisper to her heart and a letter no, this is really hard work and you got to be- and I think for some this has been a difficult time. It's been really hard work and I hope we can just fine among pause and just get real without get off at the interstate. Really hard baby. Just the thing finance He's gonna spend really hard Kelly's other problem when she gets top of the mountain, her heart still thinks its climate, and so she actually has to

your heart again and saves time to rest agenda and for some people we thought this a couple months was, can be a time of rest, o hack, Oh I'm everybody's that I thought soon sound an airplane made six weeks ago, but it hasn't been restful at all and for some of you I just hope if your lessening the whispered in your heart to shake. You know what I just need, To get a little rest, you don't Campi all gas no break, and I think that's where we do some of our clearest thinking. That's where we collect her thought about what we really really want. In other words, watch that thing under LISA thing. I thought oh We need to be an accounting an honourable job, but when figured out in college the thing underneath the thing is it. I wanted my dad's approval, and my dad wanted me to be an accountant. I wanted his approval. There was a perfect Madge. I gotta accounting. I can't even

you gonna hurt, you say like: why are you doing what you're doing just get real with this approval for. What's the thing under date, that thing is what would it take to achieve a response getting a couple? friends and then finally to let people know what you mean absolutely thank you for hang out with his brother of love. It loud laugh dot com. The book is dream, big know what you want, why you want it and what Europe I know about it. Anything golf rights, you need to read it there you go that Abrahams you shut up

folks, the world is faced with a lot of uncertainty and volatility right now, but now is the perfect time to take control, call Churchill Mortgage Teddy. They will watch out for you and can lock you into a lower rate. Wind time is right. Call triple eight two hundred or Churchill mortgage dot com. This is a paid advertisement, intimate less idea, one five, nine one in the molest consumer access, dot, Org, equal housing, lender seventeen, forty nine Mallory Lane Sweet one hundred Brentwood Tennessee, three, seven zero to seven Johnny, made a day on the day, Ramsay Show, as microloans does Doktor John Aloni Ramsay personality. Answering your questions about relationships about mental health. Things relational iq, including with yourself

others, whether others in Alaska I Heather. How are you John I'm doing. How are you right out? Ok me and my husband are about active duty military, and we have just recently finnish financial patient perversity arm to where they were here. We ve got a budget on were being very purposeful, were changing the way that we do life. Were no longer keeping up with the Joneses, but we did for many years and we ve all the little things in our sitting here facing the big things we have had a vehicle. They'll. We have another vehicle. We would like the failed or outright down all night. We have a credit card that we are way too much money on, but we feel most trained by our house? go in Virginia and the House has been

get a few bonds now all sitting empty. So that's where the majority of our budgets cooing is paying the mortgage on an empty house. We ve done the work of pain. Gaping everything and which are not getting any movement on it. And so, we want to move like today, but we feel very cage, dad and wages Do you have any advice on the well from the Great news is: is that you ve got a very clear target and a natural thing that happens as soon as you have a very clear target is are we there yet resistance shows. What is that The kids I ask us are: very at is like now we're not there. Yet you just got did you got all these things activated? It's gonna take a little time for the gunboat, a cook That's assuming you ve done everything possible on pricing, the condition of a house in virginia- and

You have a real estate agent that has had its high octane, the nose. I shall houses and actually cells houses. Those divergent one of our yuppies. He's not one of the Ethiopian on, but she is the top three percent for the area. She's done all the work at this stage, is already Christ. Were she said the price it is paid for thousand below what it's worth right now below what she said. The price it yes and have also been on the market just over three months away a month and a half of that doesn't count. Why a definite, by down looking back up as and the area around the houses and opening, but is the economy opening back up yet a night? percent sure alma on the market is still very good there, but typically in the low price range, the water health houses getting out

and what do you want it? oh about three. Eighty and what what what should on the market are. I'm sure you, oh three, eighty! What's on the market for four forty nine, you gonna get much more to drop. Ok, why not start right and checks if you drop at all, more. The other thing we have done, and you ask your agent about this- is sometimes we paid a bonus to the agent that brings the buyer. In addition to normal commission. But her father, Lord abolish, monitor somethin to get their attention to get him to get it apart. Up in their mouths and waiver waiver red flag in front of the ball.

And sometimes that'll help, but mostly you probably just Gallo, but a patient's here, because it's got yet. The markets got come back to life, you're doing all the stuff right that you're supposed to do and on you know, Larry Ber CAT used to say again that this stuff, before I did at a hundred years ago, that it takes you longer to get out of the mess than it did to get into the mass. I have not found that to be true. I found that it usually takes you about half as long to get out of the masses. Did you get in the mess? But if it took you five years to make a mass and takes you to have to clean it up is still not a bad trade. That's kind of what I think the ratio is in your dust in the early stages of that. I'm sorry, but it's gonna take a while to cook the gumbo problem and thank you to both of you for your service by the way we proceed

jobs in Georgia. John, your question for Doktor John thanks for having me sure, what's up, coarseness family related, I'm twenty years old and I moved out of my power without a couple years ago at point four they're gonna. Want me to move back in that one thing The other thing is over you. They had a talk with me about as they planning and then the other day, money that they want to? Leave me my brother and sister, but there are a couple conditions: and I don't wanna- go you're better than those conditions think there are calling a boundary. What do they want you to move back, just so that I can save a lot more other things in your life that their worry about, or are they just hyper controlling you're twenty six years old

a full time job, I'm a girl up, Ella John, you still their job yeah! I'm here you cut out. What do you make a likeable? Sixty thousand a year was bonuses as an engineer, you're an engineer and you need live at home. No, I wasn't sure about half of my dead put his foot squarely on both mobutu and kicked out What am I gonna we heard, but I was gonna help someday smell right here to me. Ok, sure, what's that, what's that conditions on the inheritance. Three main ones ones: education related. They want made up, hamper them about his degree, which I've done a masters. The matter may or may not happen. I'm dividing the second one is get Mary is someone up our ethnic group in culture and religion.

There aren't gonna Perry because technically daring someone, that's not a bar ethnic cultural background. You should never further the person you dealings Harry but go ahead, that is my laboratory, was nursery and then the language they care, my parents in their old age and a company- I've done anyway- appropriate the urine and am, I think they probably have good intention, but if I were in your shoes they would feel over reaching, but I think they they meanwhile because they want. They want you to have a good life and that's their definition of a good life. So they're are not there, not they're they're saying if you do, these things is gonna, be good for you, that's what they're saying I'm not sure I agree with them, but you don't either necessarily, but so I think we can cut him.

A slack, and this is a loving act on their part. What are you sure? I think culture and background indian, like that India and Russia. And I also default to at the end of the day whether you in your heart, believe these things are good. Ideas are not good ideas, their money and whether you agree with that are nodding, but the stupid. And they went on their young man. You you're just you're, saying I pay, I'm not gonna. Do that in their saying. Ok, you don't get the money. You know, there's nothing wrong with that either by the way you. The only thing is that Every time I see them lately they keep telling me that I'm my bearing up the path, They wanted for me and they can bring out the money. I don't haven't been talking to my most lately start to drive a wedge. So this isn't my talked about on a recent youtube shoot. Was this idea of you get to choose?

Which voices in your world, in your ecosystem, good at permission, hurt your feelings at the decision you make and one that decisions are made a few years ago was I started? Taking people out of my box are realised, So many other voices permission. Folks added no votes. I haven't talked to in twenty years and then folks, it Truly deeply loved, like my parents, because they had a picture of what they wanted. My life to look like a like Dave said: it's it's a picture that they had, that was good and right and wholly in their heads. Given the one I wanted, and I had to choose what my life with my wife, we had a juicy deliver life and a look like, and so they didn't get a me more and then that allow

meat actually love them deep exact. I didn't have to pretend I didn't have to be quite about your things. I've got to list live fully, and so you get to choose which voices get about and what you gonna do: emotions your copy, Doktor Hendrix, loved book boundaries. We're good read for you in this situation, trust their intent, but then you decide whether it for you. This is that ever amnesia large and California. Welcome that you show them are very bad political reality.

Or to have you sure? How can we help here will follow nine nine. Living in California. We are we putting medical you're pretty soon Now we have held that our basis, for we do have a home. The odd copied off yet and wounded wondering how going about it was all. I do have a scholarship as covering all put these those that we're billion dollars in college blow, but which also calls right there and learn how you did that. I just never stave off the year. How to somebody do that and you just cloud it so when I hear this year will I played a quiet all as is already offer scholarships their covered. Two alteration

I'm going to be about. Ah, let that be suitably covers all towards a few scholarships to people who are looking to visit with their work, degree so that wasn't. That was right. That's what cause you to stand apart to qualify for this exactly what was it it wasn't a surly grades or something else it was, also in companies with a grave events, academic standing with fire experience, life experience the desire to work in fishing, if they always making but of any kind of the closet, I bet committing out your committing a portion of your career informally, committing of fortune of your career dimensions. Work collect yeah, Unc, wonderful it for you. Meanwhile, you just made my day better Montague

two great trade off the usually a trade off. So the how many of these kinds of programmes did you find when you were out there searching for them, so they several been able to bring about better data word, but there they require ill, either. Thirty, one bad government. They help Serbia that it that's. Why authorised court that also provides a scholarship and fighting for living ah, but your father before you, two thirds after that and a school, I'm going right now open the programme where they pay for everything, but they require you to defend you. The servers overseas to those in the days are one of the two national major want. Others old offer scholarships other medical folded. In fact, to offer all right- I'll. Take it from there are grounds for all those years, you're philosopher for why scholarships to classify your school,

man? I appreciate the absolute trot. I hope you will hear voices it, so we have about twenty thousand. What's out there, we have a positive you gonna, do how willing unit and weird wondering how, with the commission and peeping gave living in poverty and be around thirty thousand a year during medical. The matter of work so well wandering because other laws now you'll buy tat bullet or do we put everything we have now heard this? Flying and cash flow on medical school, extended living expenses? For my wife and my eyes and myself and do everything we can then you'll get mobile weekend? Are automobiles you're out of you? I know you are this close to getting a man?

I agree with no doubt sir- I'm gonna continue to take that off the table Victoria and saw a figure out how we're gonna do this. I there I probably here I mean, if I'm in your shoes, if I could become an empty and that's obviously I go for you, I'm, to say for years all bets are off if we can become a debt freedom day, and that means willing to sell the house, my wife, my works time we might use up the money that we have in all of our accounts. My starting a business on the side? I don't know I mean, but you are this close and so I you know if I knew I would prefer to get this degree debt free over owning a home. I would This over acts are over. Why are over? This becomes a, An obsession for me if I'm in your shoes to just now this out, because it's for such a short period of time, because you can

always get a house after dark and you're already now you're going to mention fielding. Why so and always get another dot dot dot after you're doc. You can always stay at home, your life or the gives the wife can of your dark, and so you know that there's a forum period of time here, where you pay the price to win and You ve been very creative, even schooled us on how to do this. Up to this point and We continue to use that extreme creativity and focus, but are all nightingale used to say the problem was setting a goal. Is not what you're willing to do to get to the go. It's what you're willing to give up to get to the garden. What do you want to give up to get to this goal? and man when I start doing that was stuff, then start free vigour, not home The girl really is, if I'm in your shoes, because this is a short period damage only four years. I'm women do Alma Anything this legal and moral to pull this off. This

major enjoyable, Masion Workshop in this is the kind of guy you won't be in your daughter That's the guy, you wanna come to lose sales Matera blobs before they Come he doesn't even he doesn't weight and it doesnt read the manual. A right for problems The euro, additional ones Modoc for sure Nicole, is in Florida. Hey MC caully question for Doktor John Tiger, you great. How can we help occurred over the phone rang through the water yeah. He was an incredible, but war go ahead, Nicole, not really. I really think that figure. You know we ve been online after a year and a half of doing or like. Let's get serious, though I wish all those that are sold everything around three months the down here we listen to that, but now that we are keeping a traditional on here when I was,

we were married, but anyways. So I checked out why eighty percent of my dad- I'm almost there- However, he has done on his house. We tried to sit down conversations in out in a way. This is very serious to me. I take gave Ramsay very serious onboard him. You know interested he never really had tat before other than his house on. So this is As I said, a wake up call for no minister how I got out, but basically going together. We are too different religion. I'm I've been out of church personally for a couple years now he's on back. Does he spent a council? I believe a greedy now going forward with our relationship. Church is going to be part of our family being that three is going The part of our airlines are stagnant, really just reflection on how it is. How do I

world are or just not learn, but how do I become one with somebody to set themselves out this on my own death? land air? And how do I do now kind of executives, religion and things like that have to sit down and have some hard value conversations. I recommend gettin with a good premarital counselor. That's gonna, walk alongside you guys and help you. I didn't find these values in these goals. The only one on minor point of clarification. You have a different denominations, not a different religion. They're both under the heading of Christian, has a religion, your guy just different ways of worshipping crushed Oh, I'm never wanted the same kind of values like you know now there were married in all its forms.

Running their bright eyes. Their nervous would, you should be entering into get married. Somebody's is a further commitment. So, if you don't have some nerve, that's it having urges normal. The bigger question about values is this: over the arc of a relationship of the arc of a marriage. You're gonna. Both experience do things and want to try new things and have dreams about things, and so what I m talking about values you ve gotta, be on the same page with your religion. You got balancing page with your particular values, but almost as important as you have to be unpaid with how you talk about values together. How you, things out that make sense, and so getting with a council is gonna help you not only talk about in identifying the values that you all have now to beginning of what might be your marriage, but how you're gonna experience and change our values overtime together, when somebody brings a value that The has disagreed with how you can honour each other in this transition They were empty,

in the middle of these uncertain times. Ramsay solutions wants to give you some for the very first time ever were giving you financial Means University free for fourteen day after day, Ramsay Doc, arms like so you can watch from all, money. Isn't the only then can we talk about around here? Get life. Changing advice on your career, for my good friend and career expert can combine all my can com and show. According to a recent Gallup poll, nearly seventy percent of Americans are disengaged at work. If you dread going into work every Monday morning and you're just trying to make it to the weekend, it can Coleman show is for you, everyone has a sweet spot, yours spot is at the intersection of your greatest talent in greatest passion. We will

if you discover what it is, you were born to do and then will help create a plan to make your dream job a reality. You matter and you have what it takes, join the conversation on the can com and show hear more from the Ramsay network, including the current common shop, where ever you listened about gas hates James, pretty serve. The Dave. Ramsay show this