Answering Your Questions About Real Estate During COVID-19

Welcome to the real estate strategies podcast. I’m Ken McElroy, and I’m here to give you creative ideas on how you can get started or continue your journey in real estate. Each week, we will bring you inspiring and informative conversations with successful people and their path to obtaining or investing in real estate. Enjoy the episode.

Hey guys, welcome to the real estate strategies podcast with Ken McElroy. So the following questions are questions that we got through our social media channels. So every once in a while, you know, we have guests, but I think it’s always good to grab some questions from Facebook and LinkedIn and Instagram and all the different so and YouTube for sure. And we do look at those and we do like to use them on things like a podcast or even a video. So thank you and keep them coming. So this first question is from John, one of our premium members around mortgages and tennis dot Pang. So, John, thanks for this great question. How can you manage to stay afloat? If your tenants aren’t paying and you cannot evict them and you still own mortgage, this is the million dollar question. So here’s the thing guys. So as you guys know, we have about 10,000 tenants and the regulations have changed.

First. Trump said, Hey, you can’t evict anybody till October. And by the way, the courts were closed. Anyway, the second thing is now the CDC came out and extended that to the end of the year. And they made it for all tenants, not just ones that had government sponsored mortgages. And so as a landlord, it became very, very difficult for us because we had massive uncertainty on whether or not our tenants were going to pay or not. As you guys know, I did a few videos on Cassius King. So what we did in March, because we didn’t know who was going to pay in April. We didn’t know who’s going to pay in may, June, July. Now, as you guys know, with the unemployment benefits going away at the end of July, we were very concerned about August and September rents, but here’s the reality of it.

The majority of our tenants are paying the majority. We put our tenants into three buckets, bucket. Number one are the tenants that are paying rent. And that is the overwhelming majority. Well, over 80%, the second bucket are the tenants that are coming in and they’re actually communicating with us and we put them on a PTP program or a promise to pay program, an actual real agreement that we have between the tenant and us. It’s modified from the actual lease. That part has gone very, very, very well because the last thing we want to do is boot anyone out. That’s the last thing we don’t want to kick. We don’t want to boot anyone out of the home because if we do, then it’s vacant. We’d rather have these people in there because we’ve screened everyone. We know exactly who they are, where work, what they made before they even moved in.

So the last thing we want to do is displace anybody while we’re all going through this massive life correction. And so the third one category, however, is the most difficult. They believe that they don’t have to pay and they’re not communicating with us. And that’s a lot of people. So those are the folks that everyone’s concerned about. And unfortunately, they’re the ones that are making all the noise and all the media is talking about. But the reality is in our portfolio, it’s a really small percentage of people while we were concerned in April, may, June, July, and August, the rents have come in and we had enough to pair mortgages. And as I said before, Cassius King and we, he, as a company has put in gather massive reserves of cash in anticipation of renters, not paying so that if, and when they don’t, then we can pay the mortgage.

And we don’t go into technical default with the lender, even though there is an Avenue called forbearance that we could utilize with our lenders. We never wanted to get into that position. And we always wanted to pay our mortgages. So two things, one, we manage our tenants really tightly. We communicate with all of them, almost all of them are paying. And second, we had enough cash reserves where we never even got close to not paying a mortgage. So Cara asked this question and Carol is one of our premium members on Ken macra.com. And this is a question around Cassius King, and I did a video on this. So Kara, thanks for this question in your newsletter a few months ago, you said Cassius King, do you still feel that way? And why do you feel that way? Since so much of the cash is being printed, Cassius King, because you know, you need cash to be able to cover your expenses.

You need cash to be able to cover your payroll. You need cash to be able to cover your mortgage, all of those things. So yes, I still feel like cash is King. Now the real, the real question behind this question is when is inflation hitting? That’s actually what they’re really asking and is cash trash. Cause that’s what a lot of people are concerned about. Well, the answer is yes, I do believe in the longterm. We’re going to have massive inflation because the money that’s going out to fund businesses and people it’s definitely necessary. It’s definitely helping, but here’s something that’s happening. People are actually saving because there’s a lot of uncertainty in their futures. So a lot of that money that people have gotten they’re actually hoarding right now. So if you look at savings rates, you’re going to see that there are all time highs and so cash in circulation when it actually is used to buy things, that’s, what’s going to create inflation.

And so I do believe that there’s going to be a massive lag. So for us, we’re holding on to cash right now so that we can cover our bills, cover our mortgages and make sure we make our payrolls. But in the long haul, I think this is a great question because I do believe that we’re going to have massive impact [inaudible] and this is exactly why the federal reserve just change their policy on the inflation rate recently, just last week. So be looking for inflation over the longterm, but I don’t think that you’re going to see it in the short term. So my suggestion, you, you is just have cast too. Get through this. Let’s reopen the economy, let’s get things going again and lets everything settle out and then be very careful on how much cash that you have. So this question on the housing market crash came in from miles and miles as a premium member with kid MACRA, council miles.

Thanks for this great question. I really like it. Here we go. If the housing market is going to crash, why does my realtor keep telling me home prices are up and we’ll keep going up over the next few years. So I really like this question. I personally don’t think most realtors are that informed as to what is happening in the economy. And I think that they work largely for commissions and they’re trying to sell you a house. And of course, they’re not going to tell you that something that you’re going to buy is going to go down later. I don’t know if they even have that in vocabulary. They’re always going to tell you it’s going to be going up. So, but real estate always goes up and always goes down. We know this, just look at the cycles over the history right now we have houses have that have risen in most cities to all time highs in some cities it’s not, but in most cities it is.

And right now we’re at over a $304,000 average home price. Now we haven’t seen that since 2008. The reason that I believe that housing prices are up is because of what I’ve already talked about. Numerous times inventory is the lowest it’s ever been since it was ever recorded. Right now there’s only 1.5 million homes on the market. Then there’s barely over three months of inventory in all markets across the country. So this inventory issue or lack of supply is what’s driving prices up, but here’s the thing to watch. And this is why I disagree with your realtor. I believe that everyone, because of the uncertainty did not list their homes. They’re hunkering down. There’s a lot of uncertainty in a lot of households all over the place, both with people that own homes and that are renters. And they’re all trying to figure out what they’re going to do next.

They’re all trying to figure out where they’re going to work. Whether they can pay their rent, whether they can pay their mortgage. In fact, there’s almost 9% delinquent mortgages, almost 4 million people are delinquent right now in their mortgages. So I believe that you’re going to have a massive amount of inventory in the next 12 to 18 months as the eviction policy burns off. And you’re going to have a lot of people moving around and trying to figure out what are they going to want to move next? So that’s going to add a lot of inventory to the market and what that excess inventory is going to do. It’s going to drive prices down and the demand is going to be lower because there’s going to be a lot of financial uncertainty. As we start to see these businesses go out. As we start to see a lot of businesses fail, we’re already seeing it.

We’re already seeing businesses file bankruptcy, big, big names, file bankruptcy. I think when the dust settles, then housing prices are going to be significantly. Lower. Banks are going to own a lot of real estate and there’s going to be a lot of listings and there’s going to be very few people chasing a lot of inventory. That’s why I think over the long haul that prices are going to drop. So this question came in from Tom, one of our premium members@kinmacro.com about what is MC companies doing for this downturn? What are some of the operational things that we’re doing? So, Tom, thanks for this great question. What is the MC companies, which is the company that Ross and I own doing right now to prepare for the downturn? So a few things. One is we talked a lot about cash. And so we told all of our investors that we were going to hold one quarter distribution.

And so while that was a tough decision, we have an entire quarter of distribution that we’re holding and we let everyone know this back in March. We said, we don’t know what we’re going to collect over the next four or five months. And so we held the first quarter, then we’re just now releasing the second quarter and we’re going to hold the third quarter while we see what the fourth is going to have in store for us. Cause we just don’t know. We don’t know whether or not our tenants are going to change their minds and not pay. And we don’t know if we’re going to have some mortgage issues or our bill paying issue. So that’s why we’re holding that money. And so again, cash is King, all of our investors, well over a thousand people, we’re all in favor of exactly that strategy because obviously none of them want us to default on the mortgage and for us to lose the property back to the lender.

So that’s the first thing. The second thing that we did is we, we rolled out a whole bunch of policies and procedures for our employees to make sure that they were all safe, obviously the PPE programs. And there’s a number of other things that we did for our staff. We want to make sure everyone’s safe around all of those things. The other, another thing that we did was I eliminated all marketing and all renovations and all cap backs or capital projects. So as an example, during all of this, the last thing we want to do is renovate an apartment and try to get $200 more per month. So each renovated apartment costs about 15 grand. And so we were doing hundreds of these all the time. For years, we’ve been doing a renovation value add type program. And so you could imagine it’s millions and millions and millions of dollars, but we felt like let’s, don’t do value ads.

Let’s, don’t be pushing rents right now during all this uncertainty. So we eliminated all the cap ex around renovations, but I also did it around everything else. So anything that was health and safety and anything at all, I said, we must do any capital work that was maybe optional, like painting a building or landscaping or a children’s player or a dog park or buying fitness equipment or buying new pool furniture, whatever it might be. All of those things had to go through me. And by the way, those that’s millions and millions of dollars that we spent every year to maintain these properties. So I stopped the renovations and I stopped all that cap ex instead of health and safety. In addition to that, because people weren’t moving around, we eliminated all our marketing costs and that saved us millions and millions of dollars because like every business we’re spending a bunch of money trying to attract new residents.

And so we’re always spending money on the internet and ads and things like that to try to get traffic to the properties so we could keep them full and lease. But during this pandemic people weren’t moving. And so we eliminated all our marketing and advertising and that saved millions of dollars. The last thing that we did is we tried to go virtual immediately and we did, by the end of April, we went virtual on rent collection on maintenance requests and on leasing. And we started to use chat bots and chatbots basically are the same kind of thing. When you call up, let’s say a Schwab or American express, they say, press this button for this, press, this button for that. And you basically could eliminate a lot of in person conversation and actually help the person on the other end align, get to where they need to go quicker.

And so we started doing all these chatbots and also virtual leasing. And we’re rolling that out right now and our occupancy, believe it or not is higher than when we started by 1% for when we started this in March, because of all these little programs that we’ve rolled out. However, our collections are lower, but our occupancy is higher than when the pandemic started, but our collections are lower because obviously people are going through a tough time and they can’t all pay. So those are just some of the things that we’re doing as a company. Great question. So keep those questions coming in. I hope these answers were helpful to you guys and thank you once again for full show notes, check out Ken mcelroy.com. If you enjoyed the episode, then jump on iTunes, subscribe and leave a five star review. Also, if you could check me out at Ken macaroni official on Instagram for daily real estate advice, see you next week.

Better Health as an Entrepreneur with Dr Nicole Srednicki

Ken talks with Dr Nicole Srednicki about his journey for better health and how he is learning new ways and methods for improved wellness. The discussion will be helpful for a broad range of people who are exposed to stressful business situations. Along with working with Ken, Dr. Srednicki works with many entrepreneurs and investors including Robert and Kim Kiyosaki.

Join Ken as he talks with Dr Nicole Srednicki about his journey for better health and how he is learning new ways and methods for improved wellness. Be sure to visit Dr. Srednicki’s website at http://www.ultrahealthyhuman.com/ to learn more about the topics discussed.

About the guest. Dr. Srednicki is a Doctorally Prepared, board-certified Family Nurse Practitioner who graduated Magna Cum Laude, from Georgetown University, in Washington, D.C. She is a primary care provider and is also board certified from the American Academy of Anti-Aging and Regenerative Medicine. Her passion is facilitating wellness retreats in which clients stay onsite at her beautiful oasis in Scottsdale, Arizona, which focuses on internal and external health and beauty transformation. Dr. Srednicki successfully combines conventional and complementary medicine seamlessly in her practice.

 

Podcast Transcripts for Better Health as an Entrepreneur with Dr Nicole Srednicki

Ken (00:00):

Hey everybody. It’s Ken McElroy here with the Ken McElroy podcast. And I’m here with Nicole Shrednicki. Hi Nicole. how are you? Good, thank you. So, um, many of you guys know that I’ve been doing a lot of health conscious things throughout my life. I met Nicole through actually Robert Kiyosaki. Nicole does a lot of Robert and Kim Kiyosaki’s medical treatments.  I’ve learned a lot from her and Radha Gopalan, her partner in the business, ultra healthy human and what we’re going to talk about today are a bunch of things. Now, the reason why I wanted Nicole on the podcast was because Nicole’s your typical, a student that worked really hard, got into the medical field, was in the middle of the grind, making lots of good money but didn’t really have a real quality life. She was working a lot and you know, it takes a lot of work obviously to get through the different medical schools and through the different certifications.

And she was working a lot. And so her quality of life outside of work wasn’t that great even though she was making a lot of money. And so when we met, she ended up taking, leveraging her experience and starting her own business and now has bought some real estate. And we’re going to talk a little bit about that, but that’s part of the journey and part of the path that we wanted to discuss. But Nicole, before we get into that, what are five things that you know, people can do to get a more healthy?  Really simple things that they can do right now today to make them feel better.

 

Nicole(01:44):

So first of all, thank you Ken, for having me on the show. Um, I want to start by saying, so top five things, uh, something that a lot of people don’t really think about is age management. So we start aging very, very young, but we don’t start manifesting symptoms until later in life. And so, you know  there’s basic things like the way we eat and exercising and things like that. But when we think about true age management, we want things to really halt the aging They are the latest science in STEM cell technology. So there’s been a lot of hype about STEM cells, but exosomes are actually the mechanism of action for these STEM cells. And these actually help regenerate your own cells and tissues to keep you young and help to regenerate.

 

if you’re having knee arthritis or an autoimmune issue like asthma, things like that. I think these are huge things that people until they get really sick kind of neglect. And I think it’s something that people need to be mindful of at a very, very young age. Um, and then just, some other things that people can be doing is looking at a heavy metal status. So it’s something that ken, you and I have talked about a lot and our environment unfortunately is horrible no matter how healthy we try to be. So I encourage people to kind of look outside the box and and do things like get your heavy metals checked.

 

Ken (03:17):

So what she’s talking about there is, I did some blood work, actually, I’ve done a bunch of blood work and a lot of doctors don’t take the extra time to look at now I’m not sure exactly, but I know when I was, when I would go to my other doctor, they would go, okay, you’re looking good. But then you actually took it a whole different level. You know, you had a different level of blood working in that blood work we found that I had personally high mercury, high lead and something else. Sure. Aluminum, aluminum. So I had those in my system for whatever reason. But my primary doctor didn’t see that. So. So then we went through this process called kelation. Right? Yeah. So she can explain, cause I think a lot of people go to their primary doctors. And when I started going to you, you’re like, yeah, well this is like the basic thing that we do for blood work or hormone work or whatever. But then there’s a whole other level. Right? Can you walk me through that?

 

Nicole (04:13):

Sure. And that’s, you know, that’s another aspect of preventative medicine or age management and that’s really looking at these fine details. And also part of why I started my own practice, uh, I wasn’t really happy with just conventional medicine for my patients because it, all it did was screen for, you know, very basic disease that might already be there or you know, when something’s already going wrong and you’re having symptoms. But what I do is I try to almost forecast, you know, what’s down the road. And so, you know, I look at very extensive blood work. Heavy metals is one example. I look at inflammatory markers and these, so this looks at, you know, your cellular layers and your tissues, um, to see, you know, is there, is there something abnormal starting very early on that we can stop now so that we don’t have to deal with the ramifications later. Just like heavy metals, heavy metals are known as neurotoxins, they’ll increase your risks of cancer, premature aging, Alzheimer’s disease, horrible diseases that no one ever should have to live with. And so that’s why we did this screening very early on, even though you weren’t having symptoms. And so when we saw that you did have very high levels, we started working to get this out of your tissues so that they didn’t accumulate, which I know time

 

Ken (05:29):

I thought it was cool was I, I was fine on like a hundred things, right? But there were three or four things that I was high on. And what I found most interesting was that, you know, we’re, we’re actually getting preventative, you know, you said these high levels, um, will turn into potentially Alzheimer’s and cancer and things like that. And, uh, what I really found interesting is, uh, my primary doctor about had the same blood obviously for me and they’re within the tolerance level. So they had a tolerance level that was okay to have all this right. And I went to you and you’re like, okay, well our tolerance level is zero. We don’t want you to have any heavy metals. Whereas you go to a primary doctor that they say, okay, it’s okay for you to have a certain amount. So I remember that being well, why would one doctor, you know, say it’s okay to have some heavy metals and you say none, you know? And I think that’s the difference of you know, being healthy, uh, longterm.

 

Nicole (06:30):

Sure, sure. And that’s, that’s also why, you know, I sometimes reference conventional medicine as, as sick care because that’s the way conventional medicine they, they train us to when you’re sick, when you’re so far down the pathway, then we just start treating symptoms instead of stopping this. Which is why I say, no, you should not have any mercury in your blood. Not the acceptable amount that you know, they’re telling you is acceptable. Because they’re putting you in this statistical category with everybody else in the country. And you S you see it look at how, how packed our hospitals are with sick people and people with all of these symptoms and more and more cancer and autoimmune issues. And it’s because we aren’t doing preventative medicine or age management.

 

Ken (07:16):

Right? It’s so important. So the first one with a STEM cell, second one is heavy metals. And what’s the third one?

 

Nicole (07:22):

Yes. So a stress management. So that was actually, I finished my doctorate at Georgetown university, um, about a year and a half ago. And my study of interest was a stress management and I wanted to figure out a way that we can, um, decrease stress levels and improved mindfulness to then, uh, enhance our workout comes and our own, um, the way we function in life and, and our level of, of, you know, the way we, we know that stress can affect everything in our life that can affect our blood pressure, it can affect our relationships, it can affect our business outcomes. And so, you know, doing things, being mindful of this. First of all, you know, we oftentimes build up a tolerance and and say, Oh, I’m not stressed, I’m not stressed. And when you actually measure it, like, you know, when I do a scale with a patient to actually see how stressed they are, they’re like, Oh my gosh, this is one more thing that’s going to cause premature aging and, and it can actually hinder your own thought processes. So as an entrepreneur, being mindful and keeping my stress in check is so important.

 

Ken (08:35):

I know. Here’s the thing though. Like it’s hard to recognize, you know, it’s really hard to recognize when that when uh, dr artist’s book came out, what the eight deadly second opinion, the second opinion, eight deadly diseases. I highly recommend that book. Um, it’s all, all of those things start from stress. Yup, absolutely. You know, basically what he’s saying is every single disease that you get start starts, it manifests actually from stress.

 

Nicole (09:06):

Oftentimes. Yes. And so what, you know, the stress can actually, you know, it affects first our thought process, which can then trigger an emotion. And then over time, these, all of these very subtle changes that we might not recognize, they actually start to, uh, manipulate our ourselves, our tissues in our body. And then this is when disease can actually start.

 

Ken (09:33):

It’s bizarre to me, but it’s true. Right? And so one of the things that I, I think what happens, especially with entrepreneurs is, you know, they’re going a hundred miles an hour and they’re trying to balance their, their health. You know, they’re trying to, they’re on a plane, they’re flying around, they’re in high pressure meetings, you know, they have a lot of times, a lot of employee issues, a lot of financial issues and a lot of things going on. Um, and, um, you know, every phone call sometimes can be stressful and then they go home and you know, and they’re not imbalanced there. It’s, it’s even more. And so, so how do you, how do you recognize stress? Because I know for me, I just like compartmentalized it and moved it over here. And just kept plowing away. And I think that’s what happens a lot of times is people, they were working really, really hard and they’re not recognizing it.

 

Nicole (10:26):

Absolutely. Yeah. So, you know, I think going back to prevention again, making sure that you’re having time for you. You know, for me what I do to help manage my stress is I meditate every morning. I make sure that I’m going to the gym. Those are some of the best ways that I manage my stress. Um, I, you know, I leave sir, I leave time aside for things. Sometimes I just have to take a step back and it is, it’s very hard to recognize. Uh, but I think also having like a health advocate that can help point that out. You know, I often bring this up to my patients when they come in and they’re telling me all of a sudden while I’m having issues, you know, with my sleep or I’m feeling more tired or I’m having headaches, we always go back and assess their stress level.

 

Ken (11:11):

Right? Yeah. I find like even I was thinking of this, I have a friend of mine and he, he literally can’t sleep at night and um, it’s because his mind is going a hundred miles an hour all the time. And um, and I’m like, Hey, like you really need to take, you need to calm down that mind, uh, yours, right. Because once you can calm down and be present and start and be mindful of what you’re thinking, then I think that, you know, you’ll start to get a much, much better sleep. And he started doing meditation and some other things and it started to work.

 

Nicole (11:54):

if I don’t go to the gym, and of course I meditate, uh, not as religiously as you do, but I do. And um, but I find that I come in to the office a lot more grounded, a lot more present and, and I’m making better decisions because I’m not thinking about everything all at once. Sure, sure. And actually going back to the, my thesis when I was working on my doctorate. And you know what actually one component of of I, I trained, uh, the participants in meditation and we, we had a different type of intervention that we use to try to help people become more mindful of their, of their stress management. But something interesting was what people reported was people around them at work. Uh, they were noticing, you know, they had no clue that they were, that they were all of a sudden meditating to try to reduce their stress levels.

 

Nicole (12:46):

But as we went through the study, people around them were actually noticing they were different, they were easier to get along with their decision making capabilities were better. Yeah. So it’s interesting. Yeah. Okay. So meditation is three. What’s for, uh, detoxification? So this is something that it’s a very generalized term. Uh, you know, you hear about detoxification, hear about cleanses, juice cleanses, all different things, and there’s different levels. And you know, one of the things that I work on with, with my clients is to make sure that we pick a detox that’s appropriate for them. And that’s sustainable so that they can not only reach the goal but feel empowered and hopefully sustain some of the benefits. Now I have some patients that come to me for the very first time and they say, Oh no, I, I eat healthy. Um, you know, I feel great.

 

Nicole (13:36):

I don’t need to do this, but sometimes we need to be mindful of our environment and the air we’re breathing. And no matter how healthy we try to eat, you know, sometimes the foods that we’re eating, just like you, you eat healthy. But we found all of these heavy metals and so, you know, it’s all part of age management and kind of taking a step back sometimes clearing out those toxins. And I see, I put basically all of my patients through some type of detoxification program and it’s so fun to watch this because at the end they have all benefited in some way. If it’s decreased joint pain, they have more energy, they’re sleeping better, their skin looks better. Um, you know, so many different things. Just kind of going back to the base.

 

Ken (14:19):

Yeah. You know why, one of the things that I do as you know, is I do these cleanses, you know these, well for me, there are 21, I do two 21 day cleanses a year. And um, I tell you, uh, at the end of that w w you know, the goal is not necessarily lose weight, but at the end of that, uh, my digestion’s better, my site is better, I can actually smell better. Uh, I mean it’s just all the things that you don’t realize, you know, what your body has kind of collecting, you know, during all that process. I have two questions around detox. One is, you know, charcoal, they talk a lot about, you know, I know you’ve given me some charcoal, how does that work? And then also like when you walk into a healthy place and it says, you know, detox juices or whatever, do those work or should, you know, should we be using those?

 

Nicole (15:09):

So those are both great questions. So activated charcoal, I do use that sometimes with patients, but it depends on the situation. So, you know, there’s tons of studies on all different, you know, herbs and supplements and things. But I always, you know, advise my patients to ask when you have questions, don’t just, you know, you hear, you read something or you know, you see something on TV and then just start taking it in mass quantities, thinking, thinking it’s going to be the greatest thing for you. So activated charcoal can be great in certain situations. Uh, you know, very basic, you know, short term detoxification or sometimes when my patients are traveling really far, you know, on airplanes where there’s lots of germs and you know, electromagnetic radiation, um, you know, taking it for a short period of time. But you know, if you’re having gastrointestinal symptoms like diarrhea while you to be quite Frank, you don’t want to be just start taking activated charcoal to try to stop it because you might have actually ingested a bug that could potentially make you very, very sick if you all of a sudden try to stop it.

 

Nicole (16:14):

So there’s a time and a place. And so, you know, you should always ask your, your doctor or your health advocate, you know, if it’s safe to take it for a certain amount of time. So I do like activated charcoal at certain times. Uh, and then, uh, regarding like the juice cleanses. So again, it’s very individualized in what your goals are. But you know, in general when I sometimes advise patients not to do these, you know, seven day juice cleanses because it’s not something sustainable. And I hear over and over again that, you know, you, you drink these juices and, and you know, the first day is horrible and then after a few days you’re feeling pretty good. And you know, for patients that want to lose weight, which is oftentimes why they do it, you know, they lose weight and then the second they’re finished, they binge eat and gain all the weight right back.

 

Nicole (17:03):

And they’re like, okay, why did I just do that? So sometimes it can be good, but, um, sometimes it’s also not the most healthy thing because also with juicing, you have to remember a lot of the nutrients are actually taken out of the juice. Oh wow. So, you know, depending on where you’re getting these, these juices and then the amount of sugar in them, I mean, I am always harping on patients about sugar because sugar is so, yes, it’s so inflammatory. Uh, it, I mean, it increases the risks of diabetes, heart disease, all timers. It’s huge with Alzheimer’s. So, you know, when thinking forward and you know, wanting to keep your mind straight as long as possible, eliminate sugar from your life. And oftentimes juices are so high in, and you know, it can be very misleading because sometimes people will look at the container and say, Oh, there’s only 12 grams of sugar in this, but they forget to look at the serving size, which there’s, you know, three servings in a, in a container of juice that’s 12 ounces. So, yeah. So, you know, it can be very, very misleading. And so I, again, I encourage my patients to, for me, you know, I’m very close with my patients. I want to see them succeed in health. And so, you know, I tell them, text me, email me if you have questions.

 

Ken (18:20):

So www dot ultra healthy human, Nicole, let’s a, those are four great ones. Let’s go to the fifth one. What do you have?

 

Nicole (18:26):

Yes, this is probably the most important and it’s actually a phrase and I actually learned this from Robert Kiyosaki and that is be do have, so everybody, we all want health, wealth and happiness, right? So I’m kind of the the health guru here and um, so you know, as an example, so let’s say, you know, our have is health. We want to be healthy and so we have to do something about it. So, you know, we want to lose weight, so we do a cleanse. Now the third aspect of that, and possibly the most important part of that is the B. And that is kind of what I call like your internal dialogue. So in order to be able to even do what we need to do to have, which is our health, we need to be. So, you know, having our mindset when you’re ready to lose weight, it has to be this, this whole, you know, what’s going inside your head going on inside your head, you know, your willpower, your attitude, your emotional intelligence, all of these are, they all need to be in sync in order to get the end result.

 

Ken (19:35):

That’s right. That’s a really good point. Who do you want to be is probably the biggest thing. We talk a lot about that in financial education as well. I remember there was a, uh, I went to a seminar and the guy who founded and created Canyon ranch spa was the speaker. And I’ll, I always remember what he said at the very beginning. He said, all these people from all over the world, they fly in and they, they’ve, um, they basically, uh, been completely unhealthy. And then they come to me and they want me to fix them in a week. And uh, yeah, he’s like, it doesn’t work that way. You have to be mindful of what you’re doing all the way along and use me as a tool to get better. But there’s no, but most people come to these, you know, I don’t know, whatever you want to call them, fat farms or spas and you know, to try to, you know, Zen dude be Zen and meditate and eat healthy for a week. It doesn’t work that way. And then people leave and they, and they jump right back into their old health and you know, lifestyles. And what you’re saying is what you really need to do is change who you are and you know, figure out who you want to be.

 

Nicole (20:47):

Exactly. You know, and if you’re not, so another example is, you know, somebody that wants to lose weight. And I, you know, I try to explain this aspect to them, but sometimes they’re so stressed or so resistant to the fact that in the past they haven’t been able to lose weight. They’ve already made up their minds somewhere deep down within them they’re saying, you know, I’ve already tried all these diets. Well, I don’t think this detox is going to work, but I’m going to do it because I want to, I want to lose weight. And I say, you need to change that attitude. And you know, some of these things, it can actually start to manifest. That attitude will manifest physically because it will actually, that stress will cause their body to produce more cortisol, which is a stress hormone and cortisol causes you to produce and retain more glucose, which is sugar that’s going to prevent you from losing weight.

 

Ken (21:39):

Wow. Yeah. I could not agree. It’s the same. Believe it or not. It’s interesting because there’s, you know, this is an entrepreneur podcast about, you know, you know, uh, building your financial future and, and um, but really the truth is, is, um, this is all connected because, uh, when I talk to people who want to, you know, they want to be wealthy, for example, whatever that means to them. Let’s say in this particular case, it’s financial. It is the same thing. They, they think of themselves as a poor person and, and, and they can’t get out of that.

 

Nicole (22:16):

Yeah, absolutely. And I think that’s what I think we’re going to talk a little bit more about that when we talk about my real estate journey, and that’s, yeah, that’s a great story.

 

Ken (22:26):

Yeah. Because one of the things that, one of the reasons I wanted you on the show today was because you know, you’ve been super successful in school and obviously what you’re doing in your own business, but then you’ve taken it to the next level and now you’re actually building your financial wealth, and we’re going to talk about that in the next podcast. And Nicole, thank you very, very much for all that great wisdom on health.

 

Nicole (22:47):

Thank you again for having me.