Todd Pultz

And they're trying to sell off these properties and the values are kind of going back down.

And all of us old guys over there were like, whatever, man, we're good.

And all of us old guys over there were like, whatever, man, we're good.

We bought all of ours for 20, 50 K, you know what I'm saying?

We bought all of ours for 20, 50 K, you know what I'm saying?

And things are good.

And things are good.

But,

But if you over leverage, you're going to get yourself in a jam, you know, in places like Vegas, very easily you can get yourself over leveraged because your guys' housing market, if it crashed, it's going to drop.

if you over leverage you're going to get yourself in a jam you know in places like vegas very easily you can get yourself over leveraged because your guys's housing market if it crashed it's going to drop like it's going to it's going to tank and you and you can get yourself in a lot of trouble so i would say if i'm in vegas i'm probably like 60 65 of my equity and that's the most i would do on a property um to make sure that i feel comfortable with it they say vegas is a market signal because we we get hit first first or something during recessions

Like it's going to, it's going to tank and you can get yourself in a lot of trouble.

So I would say if I'm in Vegas, I'm,

I'm probably like 60, 65% of my equity.

And that's the most I would do on a property to make sure that I feel comfortable with it.

Yeah.

And Vegas is like an earthquake, dude.

Yeah, and Vegas is like an earthquake, dude.

You know, like earthquakes, they move out, right?

You know, like earthquakes, they move out, right?

Like they get lighter the further that they get out.