Find out how to Make Even MORE Money Movement Off Your Rental Properties

David Greene:
That is the BiggerPockets Podcast. What’s happening everybody? It’s David Greene, your host of the BiggerPockets Actual Property podcast, coming to you from Kauai, and that’s one of many issues I really like about actual property is I get to convey you guys questions from our listener base from in all places on this planet. My hope is that extra of you may get to the identical place and we’re going to share some recommendation in the present day that can provide help to do exactly that. As we speak’s Seeing Greene episode has lots of good things, together with what a house fairness settlement is and if one ought to be used. The most effective methods to reinvest the cashflow that you just’re making out of your present portfolio in the present day and the way you have to be desirous about it and a reside name with one among our listeners the place we travel.
Serving to them decide if they need to take the cash they’ve made in actual property and enhance the properties they’ve or if they need to purchase new properties and in that case, what to be desirous about when going backwards and forwards with that call. Lots of people in in the present day’s market have fairness they usually’re making an attempt to determine how they need to use it, and generally meaning shopping for extra actual property, however generally meaning enhancing the true property they’ve. I particularly like this matter as a result of lots of people have fairness they usually’re tapping into it with HELOCs, however they’re unsure if they need to use that HELOC cash to scale into an even bigger portfolio or enhance what they’ve acquired. So we sort out that and extra on in the present day’s episode of Seeing Greene.
We’re going to usher in our first visitor in a second, however earlier than we do a fast tip for you all. You’re going to listen to extra about it within the subsequent query, however I’m a agency believer, particularly in the event you’ve acquired a short-term rental that tapping into your fairness and utilizing that cash to enhance the property, enhance the decor, add facilities to it, make it look nicer, get higher photos taken, is a fast solution to get a return in your capital that may then be used to pay the fairness line of credit score again down. I don’t love in in the present day’s market taking $200,000 out of a home at a reasonably excessive rate of interest and utilizing that for the down cost on a property that you just then must get one other mortgage for the opposite 80% and stacking up debt when charges are greater.
I’m a a lot greater fan of a get in and get out technique, sort of like utilizing a jet ski as a substitute of a battleship. Take out some fairness, repair up your own home, enhance the income, after which pay the fairness mortgage off with that income after which, ask your self how you are able to do it once more. How are you going to recycle that very same 20 or $30,000 to enhance the properties you’ve acquired and win within the short-term rental wars? All proper, let’s get to our first visitor in the present day. Let’s welcome Stacie to the studio. Stacie, welcome to Seeing Greene. Just a little little bit of background about you. You’ve acquired a single household property, a duplex, and a bit of property within the Austin space, in New Braunfels, Texas. So comic story right here, I virtually invested in New Braunfels myself about 5 years in the past and want I’d have, as a result of I’d have performed very nicely.
I fell prey to that very same drawback of, nicely, after I first heard about it was this a lot and now it’s $50,000 extra. I don’t wish to get in too late and made the identical mistake that I inform all people else to not make as a result of I realized it in that instance. So congratulations on doing the appropriate do and having a New Braunfels property. So, inform us what’s in your thoughts in the present day.

Stacie:
Thanks. Sure, so contemplating these properties we have now and our long-term technique of purchase and maintain, which we’re a 100% in on, so we have now this property in New Braunfels. We really purchased it web site unseen and it was an excellent buy for us. It’s zoned multifamily. It’s one block from the Guadalupe River, so it has a single household residence on there the place we have now a long-term renter, however we have now the chance to develop it as a result of it’s already zoned for multifamily. It’s half an acre lot. Then, we have now this plot, this quarter acre plot in Lago Vista close to Lake Travis that was given to us from household that additionally has growth alternative.
So we have now these two properties that we personal, which have growth alternatives, but additionally, we’re tempted to purchase our subsequent funding property. So we’re on the level of making an attempt to determine can we keep the course, depart these properties as is as a result of we have now a long-term renter in New Braunfels, we’re money flowing about $600 a month there, so it’s nicely paying for itself after which some. Then, we have now this lot that’s simply sitting there vacant that we’re making an attempt to determine what to do with. Our duplex in South Austin is money flowing about $2,100 a month. So we have now two long-term leases there. We’re not seeking to develop or do something with that proper now. So we’re at that sort of inflection level.
Can we purchase our subsequent funding property or is now the time that we really do some pressured fairness and develop the New Braunfels property or construct one thing in Lago Vista?

David Greene:
Alrighty.

Rob:
My first query right here is what’s the cause that you just wish to get into the subsequent property? Is the rationale you wish to get into the subsequent property merely for the sake of progress and also you’re like, “Hey, I simply wish to add to the portfolio. I don’t really want the money movement,” or do you wish to get into one other property since you need extra cash movement since you want an additional couple of hundred bucks each month?

Stacie:
We don’t want the additional money each month. We wish to develop the portfolio and we additionally wish to make investments type of, I do know it’s not about timing the markets, time in market, however it nonetheless looks like now is an effective time earlier than everyone seems to be again out there, ought to charges come down. So we’re sort of feeling that, desirous to get the subsequent property as a result of we do wish to develop the portfolio, but additionally, when is it time to really develop these properties that we’re sitting on too? So we’re sort of don’t know which solution to go essentially.

Rob:
I believe in the event you’re not pressed for the money movement and also you’ve acquired loads and also you’ve acquired a property that’s zoned for extra property, I’m an enormous fan of constructing as many streams of earnings off of 1 property as potential. So, when you have the steam and when you have type of the dedication and I assume the open thoughts to simply undergo a brand new development, then I believe it is best to do it. A giant fan, I really suppose that new development is simply the easiest way to fight lots of issues which are taking place proper now as a result of sure, you’ll be getting one thing at the next curiosity in the event you purchase a property. So for me, I’m like, I believe in the event you can go and construct one thing at your price with out the markup of somebody … in the event you go and purchase a brand new development off of Redfin, you’re paying their price and also you’re paying a premium for it, proper?
So in the event you can go and construct one thing at your price, it’s not likely that very same markup as getting it off the MLS and once you refi out and get your cash out, you’ll have the next rate of interest on that in fact, however it received’t harm fairly as unhealthy as having gone and bought a property straight off the MLS, if that is smart. So when you have the power to attend it out for let’s say 12 to 18 months, then I undoubtedly suppose constructing from the bottom up is a very sensible factor to do proper now.

David Greene:
All proper. I’ll weigh in on this too. I really like the query. It comes up loads the place I reside within the Bay Space, you sometimes see this in costlier areas, the place the query is do I construct an ADU or do I purchase a brand new home? And the difficult factor is you possibly can’t finance the construct. Should you may finance the construct, it could virtually all the time be a simple, “Yeah, simply enhance the property you’ve acquired.” The issue is you bought to place lots of capital all the way down to do it. So I wish to attempt to simplify this turning into apples to apples as a lot as I can. And I requested the query of, for the capital I’m going to place into this factor, how a lot money movement am I going to obtain?
What’s the ROI on that and the way a lot fairness am I going to construct? What’s the return on funding on that? So in the event you have been so as to add to the property that you have already got, how a lot cash would you need to put down to do that and do you suppose it could enhance the fairness

Stacie:
For the New Braunfels property, we most likely must put down about 200,000 in capital to construct an ADU, a minimum of an ADU, proper? A prefab ADU would most likely be about 200,000, all in. For the Lago Vista property, we’re most likely 250 upwards to half 1,000,000 of capital to place in to develop that property, as a result of it’s uncooked land, it’s going to require much more clearance and work to get that property prepared for constructing. So I don’t suppose we might do each on the similar time. I believe we’re sort of anxious to essentially take a look at … I believe the New Braunfels property has essentially the most potential as a result of it’s such a rising space and the placement of it’s prime, being a block from the Guadalupe River. So I believe there’s lots of upside to creating New Braunfels from all that I can inform.

David Greene:
So in the event you put the $200,000 into New Braunfels, would you add fairness to the property?

Stacie:
Sure, I imagine we might add fairness to the property.

David Greene:
How a lot do you suppose you’d be including?

Stacie:
I believe we most likely could be including … we purchased it two years in the past. We have now most likely about … I’m going to say about 40,000 in fairness in simply the previous two years within the property. So if we add an ADU, we’d additionally must configure the entrance home a bit too to place the ADU in. I don’t know, however I’m going to guess that we might most likely add about … instantly a few hundred, 150,000 in fairness in that property. Does that sound about proper, the numbers I’ve shared?

David Greene:
I don’t know the realm. Yeah, it may. It may work. What concerning the money movement? Should you construct an ADU for $200,000, what is going to it hire for?

Stacie:
Yeah, as a result of proper now, we’re renting, all in P and I is like 1800. 18, 1900 we’re renting for 25 on the only household residence, so we’ve acquired good money movement there. We are able to construct as much as 1,000 sq. foot ADU with out it being thought of a second principal construction on the property. So 1,000 sq. foot, we may most likely hire that, I’m going to say round 18, 1900 in in the present day’s marketplace for 1,000 sq. ft.

David Greene:
Okay. Would this enhance the property taxes on the property in the event you add to this work, make it price extra?

Stacie:
Almost certainly.

David Greene:
After which the place are they at New Braunfels like two and a half p.c or so?

Stacie:
No, it’s proper round 2%. It’s like 1.97, one thing like that. Yeah.

David Greene:
So that may be a fairly wholesome return. I imply, you’re having further property taxes and there’s going to be extra insurance coverage, however nonetheless, I imagine you stated it was 1800, you suppose that you just’d hire it for?

Stacie:
Sure.

David Greene:
So let’s say you retain say, 1400 of that to take a position 200,000. That’s not a foul deal there. You’re not too far off from the 1% rule. The draw back could be you’re spending $200,000 so as to add $100,000 of fairness, so that you’re really shedding fairness in a way since you’re transferring that cash out of your checking account into the property. You’re going to lose $100,000 of worth there, however you’re going to achieve the additional money movement of say, $1,400 a month or $1,300 a month. Now, right here’s why I framed it that means. I believe your job right here, Stacie, is to ask your self with this $200,000, if I put it into a unique funding automobile, may I get higher than say 13 or $1,400 a month and keep away from shedding a $100,000 of fairness? Might you place $200,000 into constructing a brand new residence development that you just would possibly acquire $100,000 of fairness on the finish as a substitute of shedding it?
That’s a $200,000 swing, or perhaps you get higher money movement, perhaps the money movement just isn’t nearly as good, however you don’t lose as a lot fairness. Have you ever regarded into alternatives like that?

Stacie:
I haven’t, no.

David Greene:
Okay. That’s how my thoughts goes to it. What in the event you paid money for one thing that was $200,000, perhaps a fixer higher, you mounted it up after which, you refinanced out of it, you might do it once more, or you might purchase 1,000,000 greenback property, put $200,000 down, so that you’ve acquired these. In my thoughts, you’ve acquired the three choices. You set it as a down cost on one thing, you pay money for one thing otherwise you put it into the property you have got. Rob, what are you considering?

Rob:
Yeah, I assume I’d actually wish to … and we’re not going to have the ability to resolve for this on this episode sadly, however I’d wish to know what sort of fairness we’d be including as a result of I believe it’s, I’m not going to say uncommon, however I really feel like in the event you’re constructing one thing in your property equivalent to an ADU or a secondary unit, I really feel just like the fairness that you just’re constructing ought to be fairly commensurate with the sum of money that you just’re investing, proper? So it’s like I believe in the event you have been going to spend 200 however you’re solely getting a $100,000 in fairness, then yeah, I’d agree with David. I most likely wouldn’t try this.
I’d go discover someplace the place I’d get the one for one ratio on that, however I do marvel in the event you would get that full fairness out of including an addition to the property. If the reply is sure, I’d go that route after which construct it after which, do a cash-out refi and attempt to get as a lot of that cash again, as a result of in the event you try this and also you get a reasonably significant slice of your a reimbursement, then your ROI skyrockets in that time. I’m an enormous fan of this technique solely since you get to stack earnings streams on one property and it actually makes an enormous distinction. I had a property in LA. Once I purchased it, it was $400 mortgage. I’ve since refinanced, it’s like 4,200 now, however I now hire out the principle residence, which matches for … anyplace from 3,500 to $5,000 a month.
I’ve acquired an ADU within the yard that goes for anyplace from 2300 to $3,000 a month, and I also have a third unit that I don’t hire out, however I used to, and that was one other $2,000 for that unit. So once you added all of it up, it was like $8,000 on one property and your revenue margins on which are simply so wholesome. Your landscaping payments are all consolidated to that one property. Your whole payments are simply consolidated into this one enterprise, and that’s why I’m an enormous fan of increase principally as many earnings streams on one property as potential, assuming that your fairness that you just put in is one for one on the funding that you just put in.

David Greene:
That’s the important thing there, Stacie. I don’t love the deal in the event you’re placing in extra money than you’re gaining in fairness. Listening to that, what’s going by your thoughts.

Stacie:
Yeah. No, that makes a ton of sense. I’m not 100% on all of the numbers. That is so far as I’ve been capable of get, however I’ll dig deeper by way of the precise fairness we’d have the ability to get out of that property. Yeah, and simply to throw a curveball right here, proper? Our home in Los Angeles, we’re within the San Fernando Valley, we’re in Encino up within the hills. That’s why my web is slightly spotty. I imply, we have been initially going to maintain this home and promote it or not promote it, however use that as type of our funding property right here, hire it out. Our newest considering was to promote this home to purchase extra properties in Texas.
So we’re making an attempt to deal with all of our properties as type of a part of the portfolio and the way can we leverage them to the utmost, and I do know David, you’re up in Northern California, however I don’t know, we have been type of beginning to suppose that we simply needed to get out of California.

David Greene:
Stunning. I’ve by no means heard anyone say this.

Stacie:
Yeah, by no means, proper?

David Greene:
Yeah. It’s one thing to consider since you most likely have lots of fairness there. I don’t suppose it could profit you to promote it and put the cash into Texas, until you already know the place you’re going to place the cash, and it sounds such as you acquired to determine that drawback out first. The place are we going to deploy our capital and the way are we going to deploy it? I don’t suppose it’s going to be so simple as let’s simply construct onto what we have already got. There could also be one thing the place I’d wish to take a few of that money and search for a means to purchase one thing that was perhaps distressed that I may repair up and add worth to it, though it’s not unhealthy constructing an ADU in that space the place you already know you’re going to have tenants, you already know the values are going to be going up.
It’s not going to harm you. I simply hate these excessive Texas property taxes, proper? If the property worth does go up, these taxes harm out of the money movement you’d be getting.

Stacie:
They do, and insurance coverage goes up too, in order that’s yearly, steadily insurance coverage goes up.

David Greene:
That’s proper. Nicely, thanks Stacie. This was a great query. I believe increasingly individuals are asking this query as a result of charges are excessive, so it’s not an computerized, sure, I ought to go purchase one other property. Now, the charges are getting actually excessive. It’s arduous to make them money movement. So we’re beginning to ask questions like this, so thanks for bringing this up.

Stacie:
Thanks guys.

David Greene:
Thanks, Stacie.

Rob:
Thanks.

David Greene:
All proper, thanks Stacie for becoming a member of us in the present day. I simply dropped Rob off at a Chipotle, so I’ll be flying solo for the remainder of in the present day’s episode, however huge thanks to Rob for becoming a member of. I used to be so appreciative that I really left him with a greenback so he may get some additional guac on that burrito that he loves a lot. His tip for getting essentially the most out of 1 property is a good takeaway and I admire him sharing that. If you need to have Rob and I, or me or anybody else within the BP universe reply your particular questions, head over to biggerpockets.com/david the place you possibly can submit them and that can make me such as you. Should you’ve submitted a query to Seeing Greene, you possibly can take into account your self my good friend, and after we see one another at BP Con, I’ll take an image with you, hug you and say one thing good.
I hope you’re getting some worth out of in the present day’s dialog and our listener questions up to now, however we’ve acquired extra arising after this part. I wish to take a minute in the course of our reveals to share feedback that you just all have left on YouTube or once you assessment the podcast. Our first assessment comes from 1981 South Bay. “Love the Seeing Greene episodes. I really like these episodes and it’s an ideal addition to have Rob on the sequence. My spouse and I’ve been listening to Greater Pockets for 2 years. We lastly simply purchased our first two duplexes and are planning to accumulate extra properties. We couldn’t have performed it with out this podcast and the neighborhood. Thanks, David, Rob, and the whole BP neighborhood.”
Nicely, thanks South Bay for a five-star assessment. That’s freaking superior. I hope a few of our listeners go and comply with your lead and in addition, in the event you’re within the South Bay of the Northern California Bay Space, we’re principally neighbors. I reside about an hour away from you, so just remember to attain out on Instagram. Let me know you’re the one who left that remark and let’s see, if we are able to get you coming as much as a number of the meetups that I do in Northern California. We’ve acquired some feedback right here from the Seeing Greene episode 840 that got here immediately off of the YouTube channel. The primary one comes from Dan Cohan. “Thanks for sharing this superior video. I actually relate to the struggles of estimating renovation prices, particularly once you’re investing in actual property from distant.” After which Laura Peffer added, “Sure, please do a whole present on To Money Movement or To not Money movement.”
Nicely, you’ve spoken and we’ve listened. We really did document a present on when it’s okay or perhaps not okay to purchase non-cash flowing properties and I’ll discuss to our manufacturing employees about placing a present collectively that claims, is money movement the one cause to put money into actual property or is it okay to not put money into it? Possibly we’ll have a backwards and forwards the place we have now the money movement defenders and the appreciation avengers or nevertheless we’re going to name that. In case you missed it, return and hearken to episode 853, which was launched on December sixth the place we break down three unfavorable cashflow offers. All proper, let’s get into the subsequent query. All proper, our subsequent query comes from Roy Gottsteiner. He’s a international nationwide dwelling overseas, so he’s having a tough time getting financing.
He can solely get 60 to 65% mortgage to worth ratios and no entry to merchandise like FHA or HELOC. Roy began 4 years in the past investing in North Carolina and Ohio and at present has a portfolio of 10 single-family housing leases. He does primarily BRRR and long-term conventional leases and not too long ago began performing some medium phrases. Roy says, “Hello David. These episodes are extraordinarily useful and are serving to me to continually regulate my considering primarily based on the present market dynamics in addition to my very own place within the investing journey, so thanks for all the pieces. I constructed a portfolio of 10 items, which cashflow two to $3,000 a month. I’m 35 and I’ve an ideal job, so I don’t want this earnings and intend to reinvest all of it.”
“I’m making an attempt to consider the easiest way to make use of that cash to additional improve my progress in the direction of monetary independence. Right here’s some choices I had in thoughts, however comfortable to listen to your ideas. If there’s anything I have to be considering of. Investing it repeatedly right into a inventory index and greenback price averaging for a long-term maintain. Greenback price averaging principally means you simply preserve shopping for inventory even when the value is dropping. It’s humorous that we got here up with this phrase, greenback price averaging to say, nicely simply preserve shopping for even when the value goes decrease as a result of finally it’s going to go up and you should have purchased it at a decrease common than the costs once they have been excessive. Quantity two, paying off mortgages on my funding properties to scale back leverage and enhance cashflow.”
“Quantity three, save the cash and take a look at discovering a inventive finance cope with a 30,000 greenback entry every year. My final buy was a sub two with a 42,000 greenback entry, and it was an ideal one. Wanting ahead to your sage recommendation.” All proper, thanks for that query. I admire that. I can reply this one fairly fast. I don’t love the concept of paying off your mortgages, particularly as a result of in the event you purchased them and you’ve got 10 of them, they most likely have fairly low charges proper now, so that you’re not saving a ton of cash doing that. You additionally must pay a ton of mortgage off earlier than you really don’t must make the cost when it’s owned free and clear, so that you don’t actually see the return on that cash for years.
It is perhaps 10, 15, 20 years of making an attempt to pay these items off earlier than you really do away with that curiosity in your mortgage. So what is going to occur is you’ll construct the fairness in it sooner, however you received’t put cash in your financial institution sooner. So I don’t love that concept and I don’t love investing into the inventory index, as a result of I don’t wish to give recommendation about one thing that I don’t actually perceive and I don’t know that there’s any strong recommendation I may give anyone with regards to investing in shares. I additionally simply suppose you’ll do higher with actual property long run. So your third possibility, saving the cash and looking for a inventive finance deal just like the one you probably did final time is fairly good.
And right here’s why I like that. Should you don’t discover the inventive finance deal, you simply have extra reserves and also you’re by no means going to seek out me upset about somebody who has lots of reserves, particularly contemplating the economic system that we’re going into. Up to now, success was all about scaling and buying. What number of doorways are you able to get? That was the cocktail social gathering brag, I’ve this many doorways. Sooner or later, I imagine, it’s going to be, what can you retain? How are you going to maintain on to the true property you’ve already purchased? And reserves generally is a big consider saving you there. All proper, shifting into our subsequent query. This comes from Chris Lloyd in Hampton Roads, Virginia.

Chris Lloyd:
Hey David. My title is Chris Lloyd from Newport Information, Virginia. And right here’s my query. I at present have a property I used to be seeking to renovate and I plan to fund this renovation utilizing a HELOC. I’ve acquired two properties with some good fairness in it and I discovered not too long ago that I can’t qualify for a HELOC as a result of I’ve been self-employed for lower than two years. Took my enterprise full-time slightly over a 12 months in the past. So I’ve been wanting in different methods to finance this venture and got here throughout residence fairness agreements. This isn’t one thing I’ve actually heard talked about on the podcast and I used to be questioning if there was a cause why. If this can be a newer product, if it’s simply getting traction or if this product is absolute junk, I don’t know. So I’m asking what situations would this make sense for somebody to make use of and when and would it not not make sense?

David Greene:
All proper, Chris, thanks for that query. Admire it. My recommendation could be, no, I don’t suppose it is best to tackle a house fairness settlement until you’re in dire monetary straits. And even in case you are, I’d most likely favor that you just offered the home, took your fairness and moved on to one thing else. All proper, our final query goes to come back from Nick Lynch and it’s a video query.

Nick Lynch:
Hey David, that is Nick Lynch from Sacramento, California. Thanks for all the pieces that you just and BiggerPockets do. I really like you man’s content material. I’m hoping to purchase my first residence within the better Sacramento space of California when my present lease ends April thirtieth of 2024. My query for you is what could be the perfect methodology to get in to my first residence and into investing on the similar time, given how excessive the costs are in California. I’m contemplating home hacking, home hopping, or just shopping for a major residence I’m snug dwelling in long-term and utilizing the rest of the fund that may have after a down cost to perhaps put money into out-of-state property that might capital extra simply.
My greatest concern with home hacking or home hopping in California, that the property is so costly, it could take a really massive down cost to get these properties to money movement even after dwelling in them for a few years. Thanks, David. Admire the assistance.

David Greene:
All proper, Nick, glad you reached out. We really do lots of enterprise within the David Greene staff within the Sacramento space, and we assist individuals with stuff like this on a regular basis. The important thing to accommodate hacking just isn’t about paying the mortgage down or shopping for an affordable residence. The important thing to accommodate hacking efficiently, and by that I imply shifting out of it and having it money for later. What I usually name the sneaky rental tactic as a result of you may get a rental property for five% down or three level a half p.c down as a substitute of 20% down in the event you reside in it first, is discovering an precise property with a flooring plan that may work. We’ve helped purchasers do that by shopping for properties with a excessive bed room and toilet depend as a result of that’s extra items that they’ll create to generate income.
We’ve additionally had folks that we’ve helped doing this once they hire out a part of the house as a short-term rental or a flooring plan that may be moved round the place partitions are added to create a couple of unit within the property itself. The hot button is to not give attention to the bills and holding them low, however to give attention to the earnings and getting it excessive. So once you’re on the lookout for the property, what you actually wish to do is search for a flooring plan that both has lots of bedrooms and loos and has enough parking and can be in an space that individuals wish to hire from, otherwise you wish to search for a flooring plan the place the basement that you might reside in and also you hire out perhaps two items above or two items above and it has an ADU.
One thing the place you may get way more income coming in on the property which you have got extra management over. I name that pressured cashflow than a property that you just simply purchased at a lower cost as a result of that’s not sensible. Should you’re making an attempt to purchase in a excessive appreciation market like Northern California the place wages are excessive and the market is robust, you’re much less prone to discover a low-cost home. Attain out to me immediately and I’ll see if we may help you with that and begin properties with essentially the most sq. footage after which, asking your self, how may I manipulate and maneuver the sq. footage to the place this may be a great home hack. Nice query although, and I want you the perfect in your endeavors.
All proper, everybody that’s Seeing Greene for in the present day, I so admire you being right here with me and giving me your consideration and permitting me to assist educate you on actual property investing and rising wealth by actual property as a result of I’m enthusiastic about it and I really like you guys. I actually hope I used to be capable of assist a few of you courageous souls who took the motion and ask me the questions that I used to be capable of reply for everybody else. And I sit up for answering extra of your questions. Go to biggerpockets.com/david and submit your query to be on Seeing Greene. Hope you guys loved in the present day’s present and I’ll see you on the subsequent episode of Seeing Greene.