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Alrighty, it looks like everybody is here.

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It is that time again, ladies and gentlemen, good morning and happy Monday, Keyspire Nation.

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It is 11 o'clock Eastern Standard Time in Cambridge, Ontario.

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The sun is out, the snow is melting, and we are above negative degrees, which is awesome.

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This is Joseph Corey, a program advisor with Keyspire, and this is your weekly focusing

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call.

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For those of you that might be joining for the first time, I'm just going to quickly

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state our intentions.

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Each and every Monday, we get together at this space that we have created for us to

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check in with ourselves, to check in with ourselves, to check in with the group.

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This is what we call our weekly focusing call.

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The intention here is that we've created a safe space and a repetitive space, a routine

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for us to check in Monday mornings.

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Whether you're Pacific Time and it's 8 a.m., Mountain Time and it's 9 a.m., we have a place

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here for all of us to check in.

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We totally understand that life is on the go.

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It's spring break for some of y'all, or March break as we call it here.

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Some of you are at work full time, some of you are in school, and really what we want

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to do is carve out and block out a time slot for 30 minutes Monday morning to just make

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sure that we can come here and reflect and state our intentions.

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The way that it works is I will come on here and I'll share my 14-day radar.

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That is, seven days looking back, I will share my positive win professionally and personally

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for the last seven days, and then I will look forward to seven days and share what I'm focusing

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on that will move my business in the positive direction.

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What is the one action I can check off my list this week that will propel my business

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forward and make the most impact to whatever it is that I'm working on?

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And then, once I'm done, I'll bring in a guest, weekly we bring in a guest, another member,

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a coach, another team member, what have you, and we'll bring that person in and they will

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share their positive focus as well, and they will share some insight, add value to the

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community, and we want to make sure that we are building a healthy, habitual routine of

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just reminding ourselves that yes, we are real estate investors.

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For many of us, this is extra, this is on the side, and we want to do this so that

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we can eventually move this from a side hustle to our permanent thing, the thing that we

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do, and hopefully live the lives of our dreams, that promise that we made to ourselves as

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young adolescents is that we were going to be unstoppable, do the things we want, have

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the things we want, and just live that life that we want.

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And so, without further ado, we're going to get going here.

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The expectation, if you're new, is that you will take out a piece of paper, or if you

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take notes digitally, that you'll take time and you'll reflect back on your seven days

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and say, well, what was the one thing that I did that I won at, personally and professionally?

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The most important reason why we do this is that, so, you know, there's a psychological

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practice to winning, and it's acknowledging, you know, we often call that your attitude

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of gratitude, but there is a psychology in winning, and that is reminding yourself that

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you can win, that you're deserving of winning, that you're capable of winning, and outlining

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those things, because, you know, we have pretty lofty goals as real estate investors, and

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if you aren't celebrating your wins until you get to the final goal that you're trying

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to reach, it's going to be a long road, and you might not feel like you're making any

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traction or getting anywhere closer.

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Moving forward seven days and putting forth our positive focus is so important, so that

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we're not running around doing a million things, and then at the end of the week, we're not

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feeling like we didn't accomplish anything, so we want to zero in, hyper-focus, and just

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really, really share what is that movement that's going to get us moving forward, what

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is the thing that we did last week that we can celebrate, what can we do to treat ourselves,

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and how do we put that out into the community to add value to the community?

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Many of you might be in the similar situation.

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Many of you might be feeling a little bit stuck, and making a habit of doing this every

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week will make a huge impact to your business.

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I know it, because I've been doing this and hosting this call for just over a year, and

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it's made strides.

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I've spoken to a lot of really cool members that have also shared that they get little

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nuggets and little tidbits, and forming this habit is helping them structure their week,

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structure their days, and really, really move that needle forward, and so that's a big reason

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why we do this as often as we can, every Monday, except for when it's a holiday.

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So again, my name is Joseph Correa.

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I am a program advisor here with Keyspire, and I love, love, love doing this segment

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because not only does it help your business, it helps my business, and it helps me move

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my needle forward, so here we go.

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So it's been a couple weeks since you've heard from me.

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Me, as you know, me and Gabrielle, we rotate the weekly focusing call.

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And, uh, so she hosted last week and I hosted two weeks ago.

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And, uh, for those of you that don't remember, or might just be hopping on,

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I just taken possession of a duplex.

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That's going to be a house hack or an owner occupied.

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I will be living in one of the units and I will be renting out

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and renovating both units.

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And so the intention or the strategy was to move into the, to the lower unit,

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which was the lower, um, paying rent unit for lack of better words, I wanted

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to, to move into the most underperforming unit, which is the lower unit.

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Uh, the tenant that was in there, uh, was paying six 50 a month and in a

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1600 to $2,000 market, uh, that that's just no bueno.

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And so it made total sense for me to move into the lower unit, start

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to renovate the upper unit, which I will eventually call home when it's done.

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And then, you know, you have a plan and then, uh, yeah, you have a plan until

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you get punched in the face, which is a very popular saying by Mike Tyson.

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And so that specifically, that specific thing did happen.

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And so if you tune into the last call, the big win was actually

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taking possession and moving in.

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But the twist was my lower tenant did not leave.

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So I've inherited a professional tenant.

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They're still occupying the lower unit.

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And I was forced to move all my stuff upstairs, up the stairs in the snow

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storm, and it was not a lot of fun.

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Um, but it's there.

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I haven't fully settled in and moved into the property, but do have possession.

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And that was my win two weeks ago.

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And so for those of you that recall, I have a little bit of sympathy for this

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gentleman, because I'm not just a renovator, right?

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Like I'm actually moving into this unit and I need to move into the lower

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unit so I could start to prepare, you know, I could start nesting and

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living in the unit upstairs.

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And unfortunately the lower tenant, uh, is showing a little bit of pushback

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is looking for compensation because they're paying six 50 a month.

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And, you know, it's really not a lot of money.

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And unfortunately I don't have that.

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And so, you know, I gave him a little bit of grace and I mentioned to him

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that, listen, um, I can look past February.

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If you're out on the 1st of March, that was my incentive.

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Okay.

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I, you don't have to pay February rent.

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If you can be out on the 1st of March.

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Well, sure enough, on 1st of March, I send a message over and I say, Hey,

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are you out yet?

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And he says, no, unfortunately I haven't found a place, but I hope

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to be out by the 15th or the 31st.

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And so while I really, really want to trust this tenant, um, I can't go

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into April saying the same thing.

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And, you know, it's going to take discipline and it's going to take

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following the rules and doing it the key spire way to make sure that I get

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this property fully functioning on time.

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Um, I only have financing for six months and I need to make sure that this is

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turned around and that, um, and that I'm occupying the lower unit and that the

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upper unit is done or close to done so that I can, you know, move up there and

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start to look for market rents and get a higher appraisal.

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And so, um, my biggest win for the last seven days was I actually asked for help.

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And I don't know if any of you share this sentiment that, um, you know,

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I've been around for 12 years, so I know a lot of this stuff.

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I help with a lot of this stuff.

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I teach a lot of this stuff, you know, um, um, you know, in a former life, my

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partner was a property manager for Scott and Michael, and so a lot of these

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disciplines, I know, like the back of my hand, um, for some reason going into

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this deal, I'm starting to really quickly realize that I can't take it all out on

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my own, right?

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Like, yes, I have the skills to property manage.

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I have the skills to raise funds.

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I have the skills to analyze a property and recognize a good deal.

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I have the ability to close on it quickly.

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But when you're, um, you know, trying to master all these or be the jack of all

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trades, you're really the master of none.

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And I find myself in that situation right now.

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Um, because while I know what needs to be done and I know I need to serve those

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notices to evict and those late notices of rent and all of that stuff, it's just

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not happening.

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I think that I've got a little bit of a soft spot in my heart for this tenant

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because he's paying six 50 and I know that there's no such thing as six 50 rent

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out there.

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Um, I know this because that's why I bought this property because I can't find

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rent that I can't afford and I can't find a property that I can afford either.

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And so the biggest thing that I did was I reached out to a key spire coach, you

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know, uh, yes, of course, as long as you've been around and as long as you've

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been investing, I got to tell you, sometimes it's so important to get a

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second opinion and just have someone look into your situation, uh, and just,

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and just help.

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Okay.

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And so that was a, a hard thing for me, uh, to ask for help knowing that I know

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all this stuff, but I'm looking at my situation and I'm feeling stuck and I got

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myself in a position where I'm worrying and I'm sitting there worrying.

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And for those of you that haven't heard, this is really helpful for me is that,

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you know, when you worry, it only means that you suffer twice.

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And that's what I was feeling.

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worry and suffering happening and I just reached out to a coach actually I

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reached out to Jordan Cotteny a really good friend and he walked me through he

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read he looked at my n12 which was the notice to evict based on occupying

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and he said everything is legit I think what you need to do is you need to

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proceed serve again and also stay on your late notices so you made a deal for

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February he didn't leave you've got to serve the late notice and you've got to

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serve the late notice for March and you know he said something that really

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resonated with me is that you know this property is a restart for me and it's

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gonna be the beginning of living that life that I want and for as long as I

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don't you know do what I'm supposed to do to make this property fully

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functioning my tenant is living the life that they want and I'm not so you know

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it was it was harsh words but it totally the truth I think that I've gone and

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shown enough sympathy and empathy for John who is my tenant in the lower unit

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and thankfully you know I'm willing to work with him because had he had he had

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moved I wouldn't have gotten keys for the lower unit to do the walkthrough to

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close into on time so I think that I've shown enough grace and I just need to go

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and and honor my word and show integrity that if you're late on the day the first

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day you you serve right and so I asked for help and that was a huge win for me

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because it's not an easy thing for me to do and I got the direction and the

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guidance that I was looking for I relied on the key spire coaches who were just

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awesome and he had a really tough but honest conversation with me and now I'm

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I feel like I'm refocused and I know what I have to do to make sure that I

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see my intentions through really need really needed to go through that journey

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personally I took a couple days off last weekend and I went to Seattle and I

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spent a lot of time in CR historic Seattle I actually got to visit the very

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first ever Starbucks you know for those of you that have ever walked into a

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Starbucks and you're like what is this Pike Place coffee roast that's where

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actually the first Starbucks originated was on the water in Seattle at the Pike

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Place market which is a historic market they for those of you that have been

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there yes I saw them throwing the fish they throw the fish at the fish market

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and all that stuff and I just had a really really good recharge and happy to

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come back to a sunny Ontario because it was nice out there and they come back

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and it's nice here which is fantastic so what am I focusing on for the next seven

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days the next seven days I'm actually gonna start filling out those notices to

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evict right I'm gonna fill up the n12 I'm contemplating maybe filling out an

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n11 and seeing if he's receptive to it but I'm also gonna I'm also gonna send

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those late notices so I have to do it although I don't want to do it I'm gonna

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do that so that he knows I mean business and he knows that I'm gonna do this

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officially rather than a spit in a handshake because I don't know if that's

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gonna get me anywhere and I really don't want to be having this call with you

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guys in two weeks saying oh yeah now I'm gonna serve the notices so I'm not gonna

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go there the biggest thing that I can focus on you know professionally to move

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my business forward is to make sure that I get that unit empty that I do it with

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compassion and understanding and that I'm fair and then I don't get myself

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into a into a verbal disagreement with this tenant because you know he could

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push it to court and and then I'll have to live with him in the lower unit and

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that kind of thing so I definitely want to do this with grace personally I'm

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moving in and moving a few things in and it'll be the first weekend with my

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daughters in the new place and so I just want to make sure that it's clean that

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it's safe and that there's stuff there for them to do and that there's food in

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the fridge and you know cutlery in the cabinets and that kind of thing so

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that's my my positive focus and that's my big win so that's my ladies and

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gentlemen my 14-day radar looking back and looking forward if you have any

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questions on that always feel free to reach out I'm gonna call in my guest now

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who also has a very incredible you know 14-day radar to share and just gonna get

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her to unmute ladies and gentlemen without further ado my guest this week

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is none other than Judy Parra Judy how you doing today I'm great today Joe how

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are you I'm doing fantastic it's nice to have you with us thank you thank you I

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don't know if I'm on video or if I'm just on a call I can see you and you

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look fantastic wherever you are it looks more fun than the Keyspire office

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that's for sure lots of bright lights and stuff like that so well where I am

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is actually the bull it's called the bull on Bell Street in Henley on Thames

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I'm in the UK right now nice just yeah I'm over here on business as well as

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personal but mostly business and yes it's been a it's been a lovely time I've

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been here since well for eight days now and I went to Paris as well in the last

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seven days okay well you're definitely making Seattle look like a blip now all

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of a sudden I thought no I was I was doing some things with my business and

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sorry about the trucks going by okay get back in here into a quieter spot so what

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were we talking about what we did in the last seven days and what we're doing the

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next

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Seven days or 14?

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Okay.

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Yeah.

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14 days all together.

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Okay.

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Well, 14 days.

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Yeah.

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Looking back seven days and looking forward seven days.

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Okay.

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So looking back seven days, I, um, I actually, uh, took over one of my

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projects completely and became a general partner on a 100% of the West

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Harbor project that we're working on.

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And, uh, I also, uh, on that day, the next day I flew over to the UK and,

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uh, I'm here for global woman because I'm, uh, the new director of the,

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the Toronto chapter of global woman.

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And, uh, it's an entrepreneur, it's an entrepreneurial group of women that,

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uh, that support each other worldwide.

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And so over the last, and I went to Paris as well to, um, there was a

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relaunching of the Paris glow global woman.

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So I went over there to support them and, uh, and then I was, yeah.

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And so then I was over here in England doing, um, doing the, uh, the London,

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um, a London event, and then on Friday night, I actually was honored.

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This was a really cool thing.

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Sorry.

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I guess it was Saturday night.

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I was honored at the house of parliament, um, in, uh, in London.

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So we had a dinner and a beautiful dinner with lots of guest speakers.

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And, um, at the house of parliament, uh, we had the global woman

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entrepreneurial awards and all of the worlds, uh, the award awards kind of

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worldwide, and, um, I was honored to be nominated.

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I didn't expect to win, but I did end up winning the, um, legacy builder

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award for the work that, um, my company and myself was doing in

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affordable and accessible housing.

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So that was, yeah.

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So that was kind of amazing.

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It was, uh, yeah, I can see you're still in disbelief a little bit.

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You can see it on your face.

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This is why we do camera off, but it's nice.

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It's authentic.

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Cause you're just like, you can barely spit the words out, but I'm so happy

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for you and much congrats really well-deserved.

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So thank you.

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Yeah, it was, it was very surprising and you know, I can't do it without my team.

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My team has been amazing.

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Um, they help support what my vision is and my vision is to, to have more

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affordable and accessible housing and senior housing in, in Canada

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and do my part where I can.

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And so that's, uh, so I was recognized for that.

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So I thought that was pretty cool.

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And so that was my last seven days and, uh, and you know, basically

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my last eight or nine days, but what doesn't seem, it doesn't seem eventful

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at all, it was quite fun, quite interesting and really great making

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lots of connections worldwide.

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You know, I've met women that are entrepreneurs from all over the world

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in the last, uh, in the last couple of days from, you know, London and

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Denmark and Stockholm and, and, uh, and LA and Washington, DC, and it

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was just a really, really cool thing.

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And over the next seven days, what I'm doing is planning our, uh, Global

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Women Toronto event, um, which we'll do on May 13th and then just basically

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bringing entrepreneurs together and working on that and, uh, focusing

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more, um, on our business.

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What I'm focusing on really is re-evaluating some of the

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performance that I have to see, uh, what more we can do, uh, what more

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we can do around affordable or accessible housing.

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And so every, every month we actually re-evaluate things and take a look

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at the performance and take a look at the costing and, and do that.

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And so once a month we meet just to say, you know, Hey, and that's

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happening this week to say, Hey, let's look at these projects.

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Let's look at what's going on.

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Is there anything impacting the costing?

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Is there any way we can save money?

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Is there any way we can make more money for our investors?

302
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And so that's what we're working on this week.

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It's just a, an overview of our projects.

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And in fact, I have that in about 20 minutes, I think I have that meeting

305
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where we just take a look at our projects and, and do a refocusing and

306
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we do it once a month and that's what's, that's what we're focusing on this week.

307
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Yeah.

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I think it's so important that you share that because I think that a lot of

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members in the community would think, well, Judy's established, it works like

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a wheel, you know, and no, you really got to keep an eye on this.

311
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And in fact, I hope everybody caught that, that even though, you know,

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you're in the UK right now, in about 20 minutes, you've got another meeting.

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You're doing a meeting with us right now.

314
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It just is ongoing.

315
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I think it's so important to check the pulse on your business.

316
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Yeah.

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And you're not just on holiday.

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And here's the thing that really surprised me is you guys are only four

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hours behind me right now and not five.

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So when I looked at my watch a few minutes ago, having tea, I was like, I have to go.

321
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I'm late.

322
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Yeah.

323
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Daylight savings time.

324
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Oops.

325
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Yeah.

326
00:19:56.240 --> 00:19:59.840
You guys moved your clocks and we didn't hear in England because it's a.

327
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you know, we're on Greenwich Meantime.

328
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So, so yeah, so it's been, it's been a whirlwind,

329
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although I'm overseas doing other things on my business,

330
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it's still, the business still has to run, right?

331
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So checking in with your team every day.

332
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And one thing that I do whenever I travel

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is I give a 90 minute block to my team.

334
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And it's every morning, 90 minutes,

335
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any one of them can book in with me

336
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for like 10 or 15 minutes.

337
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If they have questions for the day

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that needs to move them forward.

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So I just block 90 minutes a day for my team.

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And, and, and we do that every day.

341
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It's just part of our, our,

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like every time Judy travels,

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the team needs to be able to communicate with me

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and to coordinate with me and whatever.

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So we just block that 90 minutes.

346
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So that's where we're at, but we're, yeah.

347
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So my last, my last week was exciting.

348
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It was very exciting, I'm honored.

349
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Yeah, it was a really, it was a really good week.

350
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And, and, but tomorrow's a new day.

351
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So we just keep doing and keep doing the work.

352
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Yeah, and so can I ask,

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and sorry, you're probably not prepared for this question,

354
00:21:02.360 --> 00:21:04.960
but just to share for the members, you know,

355
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tell us a little bit more about, you know,

356
00:21:07.440 --> 00:21:09.920
reevaluating, taking a look at your numbers,

357
00:21:09.920 --> 00:21:12.920
you know, evaluating your expenses and stuff like that.

358
00:21:12.920 --> 00:21:16.040
Like what is the, what is the biggest major impact

359
00:21:16.040 --> 00:21:19.320
that you see of checking in and having a check-in

360
00:21:19.320 --> 00:21:21.200
with your portfolio monthly?

361
00:21:21.200 --> 00:21:22.720
You know, I think that there's a lot of people

362
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that think that real estate,

363
00:21:25.160 --> 00:21:27.000
while it is set it and forget it,

364
00:21:27.000 --> 00:21:28.760
it's not all types of deals.

365
00:21:28.760 --> 00:21:29.600
Do you know what I'm saying?

366
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And so when you-

367
00:21:30.440 --> 00:21:31.320
No, it's not.

368
00:21:31.320 --> 00:21:34.800
And especially in construction, because we, you know,

369
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you've got tariffs that you need to consider.

370
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You need to consider how that's going to impact

371
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your portfolio.

372
00:21:40.000 --> 00:21:43.400
So we have, you know, we have specialists that look at it

373
00:21:43.400 --> 00:21:45.200
and that look at the numbers and say,

374
00:21:45.200 --> 00:21:46.480
here's where you're going to be impacted.

375
00:21:46.480 --> 00:21:48.080
Here's where you're not.

376
00:21:48.080 --> 00:21:51.200
What can we do locally instead of cross border?

377
00:21:51.200 --> 00:21:52.520
How can we save some money?

378
00:21:52.520 --> 00:21:55.960
Right now we're, all of that is under a microscope

379
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with everything that's going on between Canada and the US.

380
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So we just, we're just reevaluating that.

381
00:22:02.240 --> 00:22:05.720
We brought in an expert that is a costing,

382
00:22:05.720 --> 00:22:08.240
a costing expert that,

383
00:22:08.240 --> 00:22:10.520
he just wrapped up our Cumberland project

384
00:22:10.520 --> 00:22:13.800
and he's coming in to look at all of the costs

385
00:22:13.800 --> 00:22:16.960
and the estimates of what we already have in the budgets

386
00:22:16.960 --> 00:22:19.200
and see where we can save some money.

387
00:22:19.200 --> 00:22:21.520
Yeah, well, there's a saying that goes around

388
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that a dollar saved is $7 earned.

389
00:22:23.960 --> 00:22:24.800
So if you can move-

390
00:22:24.800 --> 00:22:26.120
Yeah, exactly.

391
00:22:26.120 --> 00:22:30.000
If you can drop the expenses and earn that seven

392
00:22:30.000 --> 00:22:32.880
and then also increase the ability for density

393
00:22:32.880 --> 00:22:36.000
or just increase your relationships with your vendors

394
00:22:36.000 --> 00:22:38.720
and stuff like that, it really goes a long way.

395
00:22:38.720 --> 00:22:40.240
Now, if you're doing this monthly,

396
00:22:40.240 --> 00:22:42.480
you have 12 opportunities in a year

397
00:22:42.480 --> 00:22:44.560
to just really move your business forward

398
00:22:44.560 --> 00:22:45.960
and make a significant impact.

399
00:22:45.960 --> 00:22:48.160
And so I just thought it was important to share

400
00:22:48.160 --> 00:22:50.640
because all of us would love the life of set it

401
00:22:50.640 --> 00:22:52.640
and forget it and just buying real estate

402
00:22:52.640 --> 00:22:55.240
and letting it do its thing.

403
00:22:55.240 --> 00:22:58.600
I gotta say those days they're not past us

404
00:22:58.600 --> 00:22:59.840
and they're not done,

405
00:22:59.840 --> 00:23:01.840
but when you're doing these types of deals

406
00:23:01.840 --> 00:23:04.840
or you're an active investor and it's ongoing,

407
00:23:04.840 --> 00:23:06.720
you definitely don't wanna set something

408
00:23:06.720 --> 00:23:07.640
and forget something.

409
00:23:07.640 --> 00:23:10.560
And then all of a sudden find out that the house is on fire.

410
00:23:10.560 --> 00:23:11.400
So, so important.

411
00:23:11.400 --> 00:23:12.240
Yeah, exactly.

412
00:23:12.240 --> 00:23:14.080
Well, especially if you're active,

413
00:23:14.080 --> 00:23:16.800
if you're an active investor and plus a passive investor,

414
00:23:16.800 --> 00:23:17.920
if you're a passive investor,

415
00:23:17.920 --> 00:23:19.120
make sure that your investments,

416
00:23:19.120 --> 00:23:20.360
the people that you're working with

417
00:23:20.360 --> 00:23:23.680
are doing that re-evaluation.

418
00:23:23.680 --> 00:23:25.440
You want them to do that re-evaluation.

419
00:23:25.440 --> 00:23:29.880
You want them to be looking at the entire portfolio

420
00:23:29.880 --> 00:23:31.160
and looking at that sort of thing

421
00:23:31.160 --> 00:23:34.440
and not just your money's there and it's parked

422
00:23:34.440 --> 00:23:36.480
and it's just sitting there for the whole time.

423
00:23:36.480 --> 00:23:38.920
Like you wanna work with partners that are gonna,

424
00:23:40.920 --> 00:23:43.040
that have their eye on the ball

425
00:23:43.040 --> 00:23:47.880
and that are consciously and aware of situations

426
00:23:47.880 --> 00:23:50.880
and also aware of what's happening with legislation

427
00:23:50.880 --> 00:23:53.440
because the minute legislation changes

428
00:23:53.440 --> 00:23:58.440
and you have the ability to increase density

429
00:23:58.520 --> 00:24:03.160
or something changes and you can get better funding

430
00:24:03.160 --> 00:24:07.320
or there's a new program where funding is concerned,

431
00:24:07.320 --> 00:24:08.560
especially when you're doing affordable

432
00:24:08.560 --> 00:24:10.760
and acceptable housing or senior housing,

433
00:24:10.760 --> 00:24:12.600
when there's something new in legislation,

434
00:24:12.600 --> 00:24:13.640
you have to keep your eye on it.

435
00:24:13.640 --> 00:24:14.600
And especially these days

436
00:24:14.600 --> 00:24:17.320
when we've got leadership changes and whatnot happening,

437
00:24:17.320 --> 00:24:19.040
you've gotta stay on top of it.

438
00:24:19.040 --> 00:24:20.760
And I don't like to get into politics,

439
00:24:20.760 --> 00:24:25.760
but you've gotta look at what platforms people are on

440
00:24:26.000 --> 00:24:27.360
and what they're saying and whatnot

441
00:24:27.360 --> 00:24:29.760
and how that impacts your portfolio.

442
00:24:29.760 --> 00:24:33.120
So that's one of the things.

443
00:24:33.120 --> 00:24:34.600
Yeah, you can't control the changes,

444
00:24:34.600 --> 00:24:37.440
but you can be ready to change with them, right?

445
00:24:37.440 --> 00:24:38.280
Exactly.

446
00:24:38.280 --> 00:24:40.360
And another thing that I really appreciate you sharing

447
00:24:40.360 --> 00:24:42.640
is that you brought an expert on to come in and help you

448
00:24:42.640 --> 00:24:45.560
because in my little piece of the 14 day radar,

449
00:24:45.640 --> 00:24:46.680
I'm a culprit of this,

450
00:24:46.680 --> 00:24:48.080
trying to do anything and everything

451
00:24:48.080 --> 00:24:49.840
because yes, I know how to do these things,

452
00:24:49.840 --> 00:24:51.480
but if you're spread so thin,

453
00:24:51.480 --> 00:24:53.560
a lot of times things don't get done.

454
00:24:53.560 --> 00:24:56.840
And I don't ever want it to be lost on the community

455
00:24:56.840 --> 00:25:00.120
that you've got a full team operating and it's.

456
00:25:00.000 --> 00:25:01.120
It's important to know that.

457
00:25:01.120 --> 00:25:03.760
So when you're investing with other people,

458
00:25:03.760 --> 00:25:05.440
you want to ask these tough questions.

459
00:25:05.440 --> 00:25:08.240
Who do you have on your team and what are they doing, right?

460
00:25:08.240 --> 00:25:10.120
And can I not get a hold of them

461
00:25:10.120 --> 00:25:11.840
because you're doing everything, right?

462
00:25:11.840 --> 00:25:15.400
And are you in the seat of the best

463
00:25:15.400 --> 00:25:16.800
or are you hiring the best?

464
00:25:16.800 --> 00:25:18.840
Because you definitely can't be the best at everything.

465
00:25:18.840 --> 00:25:20.640
Although Judy is a special exception.

466
00:25:20.640 --> 00:25:22.560
She's really good at everything.

467
00:25:22.560 --> 00:25:23.520
And no, I'm not.

468
00:25:23.520 --> 00:25:24.440
I'm not the best at everything.

469
00:25:24.440 --> 00:25:25.960
And you know what, it's interesting you say this

470
00:25:25.960 --> 00:25:28.800
because yesterday I was speaking on a panel

471
00:25:29.680 --> 00:25:32.000
with other women and we were just talking about,

472
00:25:32.000 --> 00:25:34.160
you know, entrepreneurship and leadership and whatnot.

473
00:25:34.160 --> 00:25:37.200
And then I listened to a panel of men

474
00:25:37.200 --> 00:25:38.640
talking about leadership.

475
00:25:38.640 --> 00:25:41.480
And there was this one man in particular

476
00:25:41.480 --> 00:25:44.640
that talked about how entrepreneurs

477
00:25:44.640 --> 00:25:46.400
try to be the best at everything.

478
00:25:46.400 --> 00:25:49.560
And that's not what drives the needle.

479
00:25:49.560 --> 00:25:50.800
That's not what moves you forward.

480
00:25:50.800 --> 00:25:54.560
You have to do what you're uniquely great at

481
00:25:54.560 --> 00:25:56.840
and only what you're uniquely great at

482
00:25:56.840 --> 00:25:58.480
and bring in other people.

483
00:25:59.160 --> 00:26:00.720
That's the whole who, not how concept.

484
00:26:00.720 --> 00:26:02.720
And it really resonated with me.

485
00:26:02.720 --> 00:26:04.320
And, you know, he was talking about this

486
00:26:04.320 --> 00:26:06.440
and I thought, oh, I'm doing this right.

487
00:26:06.440 --> 00:26:08.840
It was a nice affirmation for me

488
00:26:09.840 --> 00:26:12.800
to hear these really, you know,

489
00:26:12.800 --> 00:26:17.200
well-seasoned leadership coaches that coach,

490
00:26:17.200 --> 00:26:20.120
you know, they're coaching like the Bezos of the world.

491
00:26:20.120 --> 00:26:23.160
They're coaching those folks and the Kings and the Queens

492
00:26:23.160 --> 00:26:27.000
and, you know, the royal family of Dubai and, you know,

493
00:26:27.160 --> 00:26:28.000
Abu Dhabi.

494
00:26:28.000 --> 00:26:30.720
And it was like really interesting

495
00:26:30.720 --> 00:26:34.400
to hear this perspective and for them to talk about,

496
00:26:35.720 --> 00:26:37.360
you know, really just for them to talk about

497
00:26:37.360 --> 00:26:39.720
how you cannot be jack of all trades.

498
00:26:39.720 --> 00:26:42.760
You need to be a leader in what you're a leader in

499
00:26:42.760 --> 00:26:46.920
and then hire other people to do those other things.

500
00:26:46.920 --> 00:26:49.320
So first of all, I just wanted to say thank you.

501
00:26:49.320 --> 00:26:51.400
I thought that was gonna go into this weird direction.

502
00:26:51.400 --> 00:26:52.760
I sat in on a panel of women

503
00:26:52.760 --> 00:26:55.120
and then I listened into a panel of men

504
00:26:55.120 --> 00:26:56.480
and I thought you were gonna go with

505
00:26:56.960 --> 00:26:58.960
the women wear pink and boys all stink and you didn't.

506
00:26:58.960 --> 00:27:00.080
So thank you for that.

507
00:27:01.360 --> 00:27:03.000
No, no, no.

508
00:27:03.000 --> 00:27:06.320
And you know what, it was just, it was so eyeopening.

509
00:27:06.320 --> 00:27:08.600
And you know what, this was a global woman event

510
00:27:08.600 --> 00:27:11.040
but there was a panel of men and they're global men

511
00:27:11.040 --> 00:27:14.080
and they're like, they're leaders in, you know,

512
00:27:14.080 --> 00:27:15.360
in their right as well.

513
00:27:15.360 --> 00:27:19.760
And, you know, I don't like this whole idea of, you know,

514
00:27:19.760 --> 00:27:24.200
men and girls and whatever, but it was, I learned so much.

515
00:27:24.200 --> 00:27:25.560
And, you know, you talk about, you know,

516
00:27:25.560 --> 00:27:27.120
what you're doing and what you did.

517
00:27:27.120 --> 00:27:31.240
I've attended a lot of events in the last four days

518
00:27:31.240 --> 00:27:33.120
and listened to a lot of speakers,

519
00:27:33.120 --> 00:27:37.200
like a lot of real world renowned speakers.

520
00:27:37.200 --> 00:27:41.320
So for me, it was really cool to, you know,

521
00:27:41.320 --> 00:27:43.440
I always say, don't be the smartest in the room.

522
00:27:43.440 --> 00:27:47.800
It was really cool to not be the smartest in the room

523
00:27:47.800 --> 00:27:52.080
and to have people that were so, so smart

524
00:27:52.080 --> 00:27:55.320
and just there and listen to them and take it in

525
00:27:56.080 --> 00:27:58.320
and to learn, it was just, it was really fabulous.

526
00:27:58.320 --> 00:27:59.800
Yeah, another thing that I noticed there

527
00:27:59.800 --> 00:28:02.720
is that you say often is you got to get off the island.

528
00:28:02.720 --> 00:28:03.560
Right?

529
00:28:03.560 --> 00:28:04.400
And if you're always going,

530
00:28:04.400 --> 00:28:05.640
if you're going into the same rooms

531
00:28:05.640 --> 00:28:07.520
and always seeing the same speakers,

532
00:28:07.520 --> 00:28:09.720
you're not going to get this business perspective.

533
00:28:09.720 --> 00:28:11.480
Like I bet you not everybody that was speaking

534
00:28:11.480 --> 00:28:12.400
was in real estate.

535
00:28:12.400 --> 00:28:13.800
And so you could level up.

536
00:28:13.800 --> 00:28:15.440
None of them were.

537
00:28:15.440 --> 00:28:16.280
Right?

538
00:28:16.280 --> 00:28:18.440
And how incredible is that to extend your network

539
00:28:18.440 --> 00:28:21.040
that far worldwide and have that kind of stuff.

540
00:28:21.040 --> 00:28:22.560
And so we have about a minute left

541
00:28:22.560 --> 00:28:24.480
and I'm going to bid everybody a further,

542
00:28:24.480 --> 00:28:26.120
bid everybody a do, but I got to ask,

543
00:28:26.120 --> 00:28:28.040
what are your favorite hats to wear?

544
00:28:28.040 --> 00:28:30.760
So you don't do everything, but what is your unique ability

545
00:28:30.760 --> 00:28:34.480
and what are your favorite hats to wear in the business?

546
00:28:34.480 --> 00:28:36.080
Well, I like being the visionary.

547
00:28:36.080 --> 00:28:39.160
I like being the one that really drives affordable

548
00:28:39.160 --> 00:28:41.640
and these are my ideas and this is what I want to do.

549
00:28:41.640 --> 00:28:43.600
I want to have this many affordable houses.

550
00:28:43.600 --> 00:28:46.280
I want to have this many accessible units.

551
00:28:46.280 --> 00:28:47.360
I want to do that.

552
00:28:47.360 --> 00:28:48.320
This is our vision.

553
00:28:48.320 --> 00:28:50.240
I want to, like, I want to be the one that works

554
00:28:50.240 --> 00:28:53.000
around our vision and our model.

555
00:28:53.040 --> 00:28:57.880
And specifically tied to your core values, which is awesome.

556
00:28:57.880 --> 00:28:58.720
Yeah.

557
00:28:58.720 --> 00:29:01.400
And there was, somebody said something yesterday

558
00:29:01.400 --> 00:29:05.080
that really resonated with me and it was hold the vision

559
00:29:05.080 --> 00:29:06.640
and keep the faith.

560
00:29:06.640 --> 00:29:09.160
So that's what the leader of a company should be doing

561
00:29:09.160 --> 00:29:12.360
is holding the vision, making sure everybody

562
00:29:12.360 --> 00:29:13.520
and keep the faith.

563
00:29:13.520 --> 00:29:16.800
So the leader should be holding the vision of their company

564
00:29:16.800 --> 00:29:19.320
and should be making sure that all of their team

565
00:29:19.320 --> 00:29:24.320
and their employees know that this is going to work out.

566
00:29:29.760 --> 00:29:31.600
This is going to work out.

567
00:29:31.600 --> 00:29:35.800
Really have to keep the faith in tough times

568
00:29:35.800 --> 00:29:38.320
to keep the faith and stick to your vision

569
00:29:38.320 --> 00:29:40.400
and accessible units as we can.

570
00:29:40.400 --> 00:29:41.240
As we can.

571
00:29:41.240 --> 00:29:42.720
ROI that's accepted by our investors.

572
00:29:42.720 --> 00:29:44.200
No, you have to dial back that

573
00:29:44.200 --> 00:29:46.360
because it doesn't create the ROI.

574
00:29:46.360 --> 00:29:49.680
But do as many as you can to create the ROI

575
00:29:49.680 --> 00:29:51.880
and make everybody happy, make the investors happy

576
00:29:51.880 --> 00:29:55.400
but also do social and have social impact on your company.

577
00:29:55.400 --> 00:29:56.920
Oh, oh my gosh.

578
00:29:56.920 --> 00:29:59.360
How do you, how do you end on a higher note than that?

579
00:29:59.360 --> 00:30:00.520
There's nothing scary.

580
00:30:00.000 --> 00:30:03.400
earlier than, you know, thinking someone is going to is going to

581
00:30:03.400 --> 00:30:05.480
steer the ship in the right way when they don't even think

582
00:30:05.480 --> 00:30:09.200
they're going to make it, you know, so it, that really says

583
00:30:09.200 --> 00:30:15.300
well. So, Judy, thank you. And again, for constantly adding

584
00:30:15.300 --> 00:30:18.240
value to the community and constantly just leading by

585
00:30:18.240 --> 00:30:21.440
example. You know, I'm looking forward to having you on here

586
00:30:21.440 --> 00:30:24.200
again and much congrats on the award there for those of you

587
00:30:24.200 --> 00:30:28.400
that didn't get a chance to see it. I hope Judy will post it.

588
00:30:28.640 --> 00:30:31.280
And please, we would love to have more information for the

589
00:30:31.280 --> 00:30:34.760
women anyways, that when you do host an event in Toronto, let

590
00:30:34.760 --> 00:30:38.120
them know how they can attend, how they can provide value and

591
00:30:38.120 --> 00:30:41.960
how they can contribute. We're looking very much forward to

592
00:30:41.960 --> 00:30:45.440
seeing more and hearing more about your journey and and

593
00:30:45.460 --> 00:30:47.880
forever grateful for you. So Judy, thank you so much for

594
00:30:47.880 --> 00:30:49.680
joining us. Ladies and gentlemen,

595
00:30:51.400 --> 00:30:55.520
thank you. This was your weekly focusing call for March 10 2025.

596
00:30:55.920 --> 00:31:00.200
It is a beautiful sunny day somewhere in the world. Don't

597
00:31:00.200 --> 00:31:03.160
let that stop you from going out and getting what you want done

598
00:31:03.160 --> 00:31:06.560
if it's not sunny where you are. Thanks again for joining, taking

599
00:31:06.560 --> 00:31:09.840
the time focusing on your business, because it matters.

600
00:31:09.840 --> 00:31:12.880
You matter, the community matters, adding value matters.

601
00:31:12.880 --> 00:31:15.880
And so just stay at it each and every Monday. Next week, you'll

602
00:31:15.880 --> 00:31:18.680
have Gabrielle and she'll have more fantastic value to

603
00:31:18.680 --> 00:31:21.720
contribute. Just make sure that you make this a routine. Ladies

604
00:31:21.720 --> 00:31:24.480
and gentlemen, this was your weekly focusing call. I'm Joe

605
00:31:24.520 --> 00:31:28.040
Correa. That was Judy Parra. And we want you to go out there and

606
00:31:28.040 --> 00:31:30.560
crush the week like it owes you money. Ladies and gentlemen,

607
00:31:30.600 --> 00:31:33.600
thank you again for joining. Please reach out for anything

608
00:31:33.600 --> 00:31:36.240
and everything. Often and always, we want you to feel good

609
00:31:36.240 --> 00:31:39.280
about your investments, good about investing. And we're here

610
00:31:39.280 --> 00:31:42.120
to help you do that. Take care everybody and have a fantastic

611
00:31:42.120 --> 00:31:42.480
week.

612
00:31:54.480 --> 00:31:55.480
Transcribed by https://otter.ai
