All right, let's get started here today. We have a signed contract and I'm going to go through this because I know in TikTok you guys all want this in 10 seconds, but it takes me 30, 60, 90 days to take a new partner or new mentee through the process of acquiring lead generation writing contracts, marketing and wholesaling the first few properties. So it does take time. 00:29 Once you learn it, it's a repeatable, repeatable process. So, I started working with my partner, TJ, about two, two and a half weeks ago. 00:36 And we went with kind of the entry-level way, where we're not going to spend $50,000 or $25,000 on lead generation. We started out old school, which meant he started cold calling. 00:49 and going to Zillow for sale by owner, Craigslist by owner, getting creative of outbound reach, which is what you can start with with little to no capital. 01:00 So, he got 4 or 5 leads in on his first few days of calling. I evaluated each lead, and we picked the best one to try and go after. Now, why did I determine which one was best? I looked at who owned it, how long they'd owned it, what they were trying to do, what they wanted for the property. 01:19 And then TJ went and started negotiating with me, helping him behind the scenes on every aspect of what to do, what to say. 01:28 And he got going on it, and then he reached a hurdle, and he held up his hand and said, let me bring in my partner, Jim. And I stepped in to help close the final contract. So that's what I do when I partner with you. I work with you every day on these properties. 01:44 that we're developing the leads, you're learning to write contracts, you're learning what happens, you're learning what to say, what not to say, and how to get it to the point that you can do something with it. You can either buy it, you can partner on it, or you can wholesale it. So this particular property we got was seller financing. 02:03 265, and the owner wanted 20% down and we negotiated it to 10% down, 10,000 earnest money.