William Fonseca
๐ค SpeakerAppearances Over Time
Podcast Appearances
And I mean, I struck a deal with him and I said, look, listen, if you can just teach me mechanically how to do this, I'll go ahead and I'll give you my time on the weekends and in the middle of the day and you don't have to pay me and I can learn how to how to run with it.
Yeah.
That was the biggest gift I ever received.
Beautiful.
I take off with that particular scene.
And since I'm living down south, I spot...
an area where it had potential to erect probably a couple hundred homes if you did the entitlements right, if you did the rezoning right.
But you needed one key thing.
I had a successful electrical business, and you have the liquid to do the transition, to do the acquisition.
Now you've got a little bit of time and training in the building industry, and you're an electrician, so you've got a lot of knowledge in the interpretation of construction documents.
And what happened was I put my eye on this particular parcel and...
I bought into what was the disaster that took me to success.
The intent to buy this parcel to erect these homes, you need the upfront money.
It's what they call the upfront money to go to the bank and get the construction loan.
And you dump all this ton of cash into escrow.
And these are your friends and their attorneys and they bail with your money.
Wow.
And there it starts.
That's where the success starts, when disaster starts occurring in your life.
And that took me down the path where it made me who I am today.