Two Smart Assets

Two Smart Assets

By Daniel NicklesBusinessEducationInvesting
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Two Smart Assets episodes

  • From Europe to the US: Long Distance Real Estate Investing with Billy Keels

    Join Daniel Nickles and Chris Thompson, with their guest Billy Keels, as they talk about how he makes it all work as a real estate investor in the US all the way from Europe. After reading, or should we say devouring, the world-famous purple book on investing, Billy was surprised by the possibilities of his money working for him. As a long-distance real estate investor, it'd be the team for Billy if anything is his make or break. In this episode, Billy shares the possibilities that passive investing allows investors and the four elements to make long-distance real estate investing more successful.

    In this episode you will learn:

    • Not seeing myself in a nine-to-five life after traveling to 58 countries for work.
  • The Purple Book: What can I do to actually have control over my financial life?
  • On making the first long-distance investment happen.
  • The four elements that fasten your ROS (Return on Sleep).
  • What possibilities does passive investing open?
  • About Billy Keels:

    Before becoming a real estate entrepreneur, KeePon Cashflow's founder Billy Keels worked in the corporate world. During his corporate career, Billy put his leadership and relationship-building skills to good use to help clients get to the root of issues that were holding them back from full success. Billy earned his stripes as a true problem-solver, a skill he carried into his new entrepreneurial life.

    What made him popular with employers who sent him across the globe to meet with Fortune 500-level clients is the same thing that makes him popular with investors, buyers, and sellers in real estate today… his skills in coming up with real solutions that work in the real world for real people!

    Billy says that he was happy enough in his J.O.B., but something was missing. An emptiness and longing for a different life chewed on him, pulling him to what he knew he wanted to do more than anything else. So he took steps and kept on the path to his goals. KeePon Cashflow is the result of his efforts.

    Today Billy is an international real estate entrepreneur, problem-solver, author, coach, and mentor. He sees opportunities where others often don't in real estate.

    Connect with Billy Keels on:

    Website:              http://keeponcashflow.com/

    LinkedIn:             https://www.linkedin.com/in/billykeels/?originalSubdomain=es

    Podcast:               http://keeponcashflow.com/the-going-long-podcast-is-live/

     

    7 Mistakes to Avoid When Investing Long Distance:

    http://billykeels.com/7mistakes

     

    If you want a FREE strategy session:

    https://go.oncehub.com/keeponcashflowsession

     

    Connect with Two Smart Assets on:

    Website:              https://twosmartassets.com/

    Facebook:           https://www.facebook.com/TwoSmartAssets/

    Instagram:          https://www.instagram.com/twosmartassets/

    YouTube:             https://www.youtube.com/channel/UC5b8x2o3ByaPBcz5Lkev7uw

     

    ✅Check out our free apartment syndication sample deal:

    https://twosmartassets.com/sample-deal-form

     

    📕Don't forget to grab our free passive investing guide for apartment syndications:

    https://twosmartassets.com/investing-guide-form

     

     

    33 min
  • Why You Need an Exit Plan Before You Buy with Mike Morawski

    Join Daniel Nickles and Chris Thompson with their guest, Mike Morawski, as they talk about success, losses, and redemption in the real estate business. He also talks about his book that teaches real estate investors about the vital part of a deal no one talks about. If there is one word to describe Mike, it would be tenacious. In this episode, Mike shares his experience selling 78 houses in his first 9 months into real estate; all by relentlessly following fundamentals, basic techniques, and mastered repetition. As the author of the book Exit Plan – Mike also elaborates in this episode what one should learn to do in a deal's highest point of profit.

    In this episode you will learn:

    • On house hacking before it was cool
  • Real Estate Saying: "It's either they listed with me, or they're dead."
  • From going to prison to redeeming my success
  • The book 'Exit Plan' – "Nobody teaches us about exiting deals."
  • How can investors put exit strategies into play?
  • About Mike Morawski:

    Michael "Mike" Morawski is a 30+ year real estate investment veteran. He has controlled over $285,000,000 in real estate transactions.  Mike is an entrepreneur, author, real estate trainer, public speaker, and personal coach with strong personal resilience and a deep desire to help others live an extraordinary life. He has coached hundreds of real estate investors to fulfill their dreams.  

    Michael began as a general contractor in the Northwest Suburbs of Chicago with $5 mm in annual revenue. He sold his company and then took some time off to decide what to do next. Michael entered the real estate industry as a sales agent building a team of agents and support staff that produced over $20 mm per year in sales production. 

    In 2005, Michael started a private equity firm, raising $18 mm in private equity and acquired $60 mm in multi-family apartments, including 4,000 units in five different US markets. As part of the company's growth, Mike built and developed a property management division that managed 7,500 units.

    Mike has always believed that transparency and honesty are central to any successful business and personal life. As a result of the 2008 world economic crisis, Mike let his guard down and let his transparency slip. The impact that had on his company and its real estate holdings left him scrambling to protect the company and its investors.

    Connect with Mike Morawski on:

    Website:              https://mycoreintentions.com/

    LinkedIn:             https://www.linkedin.com/in/michael-morawski
    Facebook:           https://www.facebook.com/mycoreintentions

    Don't miss out on Mike's Free e-Book Now:

    https://mycoreintentions.com/Exitplan

     

    Connect with Two Smart Assets on:

    Website:              https://twosmartassets.com/

    Facebook:           https://www.facebook.com/TwoSmartAssets/

    Instagram:          https://www.instagram.com/twosmartassets/

    YouTube:             https://www.youtube.com/channel/UC5b8x2o3ByaPBcz5Lkev7uw

     

    ✅Check out our free apartment syndication sample deal:

    https://twosmartassets.com/sample-deal-form

     

    📕Don't forget to grab our free passive investing guide for apartment syndications:

    https://twosmartassets.com/investing-guide-form

     

     

    26 min
  • Leaving the Military After 15 Years for a Life of Financial Freedom with Tim Kelly

    Join Daniel Nickles and Chris Thompson with their guest Tim Kelly, the VP of Education and Co-Owner of Active Duty Passive Income. In this episode, he talks about the most compelling asset class, his experience with mismanagement, and the reason why anyone should be a junkie for personal and professional development – like he is. As investors, it's good to hear a fellow open up about the hiccups he's gone through and got past with an investment as Tim shares with us a time where they had nothing yet to give back to partners but Local Alabama Honey. Because he is also an educator, Tim explains why there's always something to learn from the habits of the most successful. He believes that by applying small changes daily, the littlest learnable things can elevate an individual's value personally and professionally.

    In this episode you will learn:

    • On gaining momentum and learning the pattern of real estate.
  • Why is it important to be transparent and upfront with your investors?
  • Becoming VP of Education and Co-Owner of ADPI.
  • What the most successful people understand in life.
  • "It's all about your daily habits!"
  • About Tim Kelly:

    Tim is a Real Estate Investor & Educator, a Best-Selling Author, Speaker, and recently separated from the US Navy as a Chief Petty Officer after 15 years of service.

    As VP of Education & Co-Owner on the incredible platform, Active Duty Passive Income (ADPI), Tim is helping active, veteran, reserve, and other military-affiliated personnel realize their financial freedom goals through real estate investing.

    Tim has been investing in real estate since 2011 where he purchased his first single-family residence with the intention of forcing appreciation and flipping for a profit. That was also his first "house-hack," where he quickly learned the benefits of long-term buy and held real estate were much more aligned with his goals.

    Through analyzing hundreds of multifamily properties, Tim has built an incredible network of real estate professionals, owns, controls, or has directly been involved in over 1,000 income-producing units, and looks forward to acquiring 5,000 multifamily units within the next three years.

    Tim is now a Senior Managing Partner of both Kelly Housing Group and ADPI Capital, where he and his partners invest in and syndicate multifamily property in the affordable and workforce housing spaces with a focus on apartment communities, mobile home communities, and storage facilities.

    Connect with Tim Kelly on:

    Website:              http://thetimothykelly.com/

                                    https://www.activedutypassiveincome.com
    LinkedIn:             http://www.linkedin.com/in/thetimothykelly/
    Facebook:           https://www.facebook.com/thetimothykelly
    Instagram:          https://www.instagram.com/thetimothykelly/?hl=en

                   

    Connect with Two Smart Assets on:

    Website:              https://twosmartassets.com/

    Facebook:           https://www.facebook.com/TwoSmartAssets/

    Instagram:          https://www.instagram.com/twosmartassets/

    YouTube:             https://www.youtube.com/channel/UC5b8x2o3ByaPBcz5Lkev7uw

     

    ✅Check out our free apartment syndication sample deal:

    https://twosmartassets.com/sample-deal-form

     

    📕Don't forget to grab our free passive investing guide for apartment syndications:

    https://twosmartassets.com/investing-guide-form

     

    36 min
  • How to Buy Right, Manage Right, & Finance Right with Gino Barbaro

    Join Daniel Nickles and Chris Thompson with their guest Gino Barbaro, of Jake and Gino, as he talks about his transition to financial freedom, how mindset differentiates the winners, and the famous three-step framework that sets any investor up better for their success in real estate. As someone who's changed his own circumstances – for Gino, it doesn't have to take forever for anyone. One just needs to be ready to take accountability anytime. In this episode, Gino explains the contribution of mentorship and self-education in his journey to financial intelligence. In a society where schools don't teach you the skills you need to reach financial freedom, Gino believes it's all going to boil down to an individual's mindset.

    In this episode you will learn:

    • It's not: "you attract what you want."
  • On income over expenses, and making a budget now.
  • The three-step framework and the three pillars of real estate.
  • Mindset: What is your goal? How do you stick with it?
  • Debt is what's putting you in slavery!
  • About Gino Barbaro:

    Gino Barbaro is an investor, business owner, author, and entrepreneur. He is the best-selling author of two books, Wheelbarrow Profits and Family, Food and the Friars. He graduated from IPEC (Institute for Professional Excellence in Coaching), where he earned his designation as a Certified Professional Coach.

    Connect with Gino Barbaro on:

    Website: https://jakeandgino.com/


    Join us in Multifamily Mastery 4 below:

    https://jakeandgino.com/mm4/

                   

    Connect with Two Smart Assets on:

    Website:              https://twosmartassets.com/

    Facebook:           https://www.facebook.com/TwoSmartAssets/

    Instagram:          https://www.instagram.com/twosmartassets/

    YouTube:             https://www.youtube.com/channel/UC5b8x2o3ByaPBcz5Lkev7uw

     

    ✅Check out our free apartment syndication sample deal:

    https://twosmartassets.com/sample-deal-form

     

    📕Don't forget to grab our free passive investing guide for apartment syndications:

    https://twosmartassets.com/investing-guide-form

     

     

    32 min
  • Using Creative Financing to Start Investing at 19 Years Old with Bailey Kramer

    Join Daniel Nickles and Chris Thompson with their guest Bailey Kramer as he talks about creative financing, networking, and the journey of starting real estate at the early age of 19. In this episode, Bailey explains how books, podcasts, and linking with other people ultimately helped him take the leap from educating himself to executing the knowledge he's garnered. As you tune in further, listen as he reveals how he's seen creative financing strategies work with properties costing from $68,000 to $800,000, as someone who's used seller financing himself.

    In this episode you will learn:

    • The purple book that kicks it off.
  • Is networking everything?
  • Creative Financing Strategies: Seller Financing and Subject to Mortgage.
  • On creative financing over traditional financing.
  • There's a lot in real estate that you can do.
  • About Bailey Kramer:

    Bailey is a real estate investor, entrepreneur & podcast host based in sunny Orlando, Florida! Bailey uncovered his passion for real estate investing when he was 19 years old after reading Rich Dad Poor Dad in his college dorm. Since then, Bailey has focused on acquiring properties, all using creative financing strategies.

    Bailey also co-founded an off-market-real estate lead generation company that serves investors across the nation, called Property Dogs. In his free time, Bailey enjoys traveling, playing sports & eating delicious food.

    Connect with Bailey Kramer on:

    Website:              https://baileykramer.com/

    Instagram:          https://www.instagram.com/the_bailey_kramer/

    Facebook:           https://www.facebook.com/bailey.kramer.9

                   

    Connect with Two Smart Assets on:

    Website:              https://twosmartassets.com/

    Facebook:           https://www.facebook.com/TwoSmartAssets/

    Instagram:          https://www.instagram.com/twosmartassets/

    YouTube:             https://www.youtube.com/channel/UC5b8x2o3ByaPBcz5Lkev7uw

     

    ✅Check out our free apartment syndication sample deal:

    https://twosmartassets.com/sample-deal-form

     

    📕Don't forget to grab our free passive investing guide for apartment syndications:

    https://twosmartassets.com/investing-guide-form

    24 min
  • Learn How to Build Massive Wealth Post-Covid with Paul Moore

    Join Daniel Nickles and Chris Thompson with their guest Paul Moore of Wellings Capital as they speak on the importance of visualizing an asset's intrinsic value, the mom-and-pop strategy, and how newcomers can compete in a highly voracious market of passive investors. In his years of experience, Paul finds that most people lean on the idea – the safest assets are the core assets. In this episode, listen as Paul explains why he doesn't believe in the concept and how he takes inspiration from Michelangelo's treatment of marble works as an operator.

     

    In this episode you will learn:

    • The difference between speculating and investing.
  • Look closely at the margin of safety!
  • What can operators learn from Michelangelo?
  • Get linked to an operator with a great team and track record.
  • An asset type with a shrinking supply and an increasing demand.
  •  

    About Paul Moore:

    Paul Moore is the Founder and Managing Partner of Wellings Capital. After graduating with an engineering degree and then an MBA from Ohio State, Paul entered the management development track at Ford Motor Company in Detroit. After five years, he departed to start a staffing company with a partner. They scaled and sold the company to a publicly-traded firm five years later.

    After a brief "retirement," Paul began investing in real estate in 2000 to protect and grow his own wealth.

    He completed over 85 real estate investments and exits, appeared on HGTV's House Hunters, rehabbed and managed dozens of rental properties, and developed a subdivision. After completing three successful real estate developments, including assisting with the development of a Hyatt hotel and a very successful multifamily project, Paul narrowed his focus to commercial real estate in 2010.

     

    Paul is married with four children and lives in Central Virginia.

     

    Connect with Paul Moore on:

    Website:              https://www.wellingscapital.com/

    Twitter:                https://twitter.com/paulmooreinvest/

     

    The Perfect Investment - Create Enduring Wealth from the Historic Shift to Multifamily Housing, Book by Paul Moore:

    https://www.amazon.com/Perfect-Investment-Enduring-Historic-Multifamily

                   

    Connect with Two Smart Assets on:

    Website:              https://twosmartassets.com/

    Facebook:           https://www.facebook.com/TwoSmartAssets/

    Instagram:          https://www.instagram.com/twosmartassets/

    YouTube:             https://www.youtube.com/channel/UC5b8x2o3ByaPBcz5Lkev7uw

     

    ✅Check out our free apartment syndication sample deal:

    https://twosmartassets.com/sample-deal-form

     

    📕Don't forget to grab our free passive investing guide for apartment syndications:

    https://twosmartassets.com/investing-guide-form

    23 min
  • How to Build Teams and Create Systems to Run a Successful Business with Chris and Ashton Levarek

    Join Daniel Nickles and Chris Thompson with their guests, Chris and Ashton Levarek of Valkere Investment Group, as they talk about the process systems and technology they use and how they leverage human resources to achieve passive investing success. In this episode, Chris and Ashton explain how partnerships help you achieve more with everyone in real estate. For Ashton, having the right people around shows why you don't need to know everything – you just need to know who to talk to. When talking about accountability, Chris believes, "when someone's accountable for everything, things don't get done very well."

    In this episode you will learn:

    • Everything about real estate makes sense.
  • Accelerate by leveraging relationships and partnerships.
  • The need for a clear role accountable for a clear delivery.
  • On breaking down the significant chunks of handling a deal.
  • What is passive investing about and isn't about?
  • About Chris and Ashton Levarek:

    Ashton is the Sales & Marketing Manager for Valkere Investment Group. He coordinates the development of new/existing partner relationships and provides innovative methods to improve brand awareness. Ashton works with the Operations team to streamline existing investment opportunities and grow partner relationships.

    He is also active in the discovery and development of new opportunities across multiple markets with partners.

    Chris is the Operations Manager for Valkere Investment Group. He coordinates the management of the company, technical infrastructure, and ongoing daily operations needed to support the business. Chris is accountable for the development/management of the Valkere Team and implementing company systems to improve business efficiency.

    He works in tandem with the Marketing and Sales Team to develop new/existing partner relationships and define/discover new investment opportunities.

    Connect with Chris and Ashton Levarek on:

    Website:              https://www.valkeregroup.com/

    LinkedIn:             https://www.linkedin.com/company/37253519/

    https://www.linkedin.com/in/christopher-levarek/

    https://www.linkedin.com/in/ashton-levarek-ba03b4161/

    Facebook:           https://www.facebook.com/valkereinvestmentgroup

    Instagram:          https://www.instagram.com/valkereinvestmentgroup/

    YouTube:             https://www.youtube.com/channel/UCFFfs4Hpgft57w9lV4fnVgQ

    Email:                    [email protected]

                   

    Connect with Two Smart Assets on:

    Website:              https://twosmartassets.com/

    Facebook:           https://www.facebook.com/TwoSmartAssets/

    Instagram:          https://www.instagram.com/twosmartassets/

    YouTube:             https://www.youtube.com/channel/UC5b8x2o3ByaPBcz5Lkev7uw

     

    ✅Check out our free apartment syndication sample deal:

    https://twosmartassets.com/sample-deal-form

     

    📕Don't forget to grab our free passive investing guide for apartment syndications:

    https://twosmartassets.com/investing-guide-form

    31 min
  • Tactical Advice for a Winning Mindset with Jason Yarusi

    Join Daniel Nickles and Chris Thompson with their guest Jason Yarusi as they talk about multifamily investing, the importance of understanding small steps, and building a winning mindset. Jason is a runner and once was able to accomplish a hundred miles successfully. From that incredible experience, he explains how it's so easy for the brain to shut down on an intimidating goal and seek comfort. In this episode, he shares how that thinking can be countered by tackling goals through small and actionable steps. As someone who believes in building upon routines, Jason shows how winning narratives and such a mindset can benefit entrepreneurs.

    In this episode you will learn:

    • Running hundreds and hundreds of miles: On actionable steps and mental endurance.
  • What running teaches us about reaching entrepreneurial goals.
  • Focusing on the negative 1% is easy.
  • The things you can and cannot control.
  • Create your narrative of wins and feel the accomplishments.
  • About Jason Yarusi:

    Jason is an active real estate syndicator and real estate investor together with his wife, Pili Yarusi. In 2016 they founded Yarusi Holdings, a multifamily investment firm. They are general partners on over 800 units with 450 units under management. The firm repositions properties through operational efficiencies, moderate to extensive renovations, and complete rebranding.

    He and his wife are also the hosts of Multifamily Live Podcast and The Jason and Pili Project on Youtube, a project to serve those looking to lead a fit and rich life.

    Jason and Pili are founders of the Tennessee, Kentucky, and New Jersey Multifamily Foundation Club, with over 2,200 members focus on real estate syndication and multifamily investing.

    Jason has started and exited multiple businesses in the past 15 years, and the family construction business has a niche industry position in raising and moving structures. The company has elevated over 2,000 homes in the last 7 years alone.

    Connect with Jason Yarusi on:

    Website:              https://www.yarusiholdings.com/website

    Jason's IG:           https://www.instagram.com/jasonyarusi/

    Pili's IG:                https://www.instagram.com/piliyarusi/

     

    Get your ticket for the Multifamily Live Real Estate Investing Conference: https://multifamilyliveevent.com/mf2021               

    Connect with Two Smart Assets on:

    Website:              https://twosmartassets.com/

    Facebook:           https://www.facebook.com/TwoSmartAssets/

    Instagram:          https://www.instagram.com/twosmartassets/

    YouTube:             https://www.youtube.com/channel/UC5b8x2o3ByaPBcz5Lkev7uw

     

    ✅Check out our free apartment syndication sample deal:

    https://twosmartassets.com/sample-deal-form

     

    📕Don't forget to grab our free passive investing guide for apartment syndications:

    https://twosmartassets.com/investing-guide-form

     

     

    28 min
  • The Build For Rent Market in 2021 with Adam Stern

    Join Daniel Nickles and Chris Thompson with their guest Adam Stern as they speak of everything about off-market deals and renting homes over owning homes. Due to what happened in 2008, Adam discovered the turmoil that the decline of rates for selling homes can create for homeowners. As a result, paying for rent compared to paying a mortgage becomes more of the wiser option for most. In this episode, listen as Adam expounds on what he thinks the biggest asset for anyone in real estate is and the indicators that shape the demand for renting homes.

    In this episode you will learn:

    • How Build-for-Rent is done.
  • What drives people to rent instead of buying homes?
  • The indicators of a substantial market for build-for-rents.
  • How does your network work in your favor?
  • The factors that on-market and off-market deals depend on.
  • About Adam Stern:

    Adam Stern is a leading expert on the Build-for-Rent market providing guidance on go-to-market strategies for regional builders and land/lot developers intent on expanding their transaction volume and revenue by servicing the ever-increasing demand for Single Family Rentals (SFR), particularly from institutional investors that own and operate rental homes in the US.

    Adam is also an authority on the acquisition and disposition of SFR portfolios nationwide. He has helped facilitate SFR transactions totaling hundreds of millions in volume and was one of the earliest to recognize that portfolios of stabilized Single-Family Rentals were a product that deserved a specialized service and built a robust network of owners and buyers active in the space.

    Co-founded OwnAmerica, a marketplace for single-family rental property portfolios that was acquired by Renter's Warehouse in late 2018. Later founded Strata SFR, a boutique brokerage focusing on Build-For-Rent SFR opportunities across the US. 

    Connect with Adam Stern on:

    Website:              https://stratasfr.com/

    LinkedIn:             https://www.linkedin.com/in/adamstern00/

    Connect with Two Smart Assets on:

    Website:              https://twosmartassets.com/

    Facebook:           https://www.facebook.com/TwoSmartAssets/

    Instagram:          https://www.instagram.com/twosmartassets/

    YouTube:             https://www.youtube.com/channel/UC5b8x2o3ByaPBcz5Lkev7uw

     

    ✅Check out our free apartment syndication sample deal:

    https://twosmartassets.com/sample-deal-form

     

    📕Don't forget to grab our free passive investing guide for apartment syndications:

    https://twosmartassets.com/investing-guide-form

     

     

    28 min
  • The Key Principles for Investing Success with Steven Pesavento

    Join Daniel Nickles and Chris Thompson with their guest Steven Pesavento as they talk about passive investing and the different principles that have brought him, and will bring you, to success. At a young age, Steven grew up learning that life was constantly changing. In this episode, listen as he explains how that belief carried on until he became professional and successful in his league. He has firmly proven that by changing what we think, we can directly impact what we do and what ends up showing to the rest of the world.

    In this episode you will learn:

    • Lots of money, no satisfaction.
  • Be very clear on what you want.
  • View your challenges as opportunities.
  • The difference between a mentor and a coach.
  • Where real change happens…
  • About Steven Pesavento:

    Steven is from a small town in Minnesota. He wanted to be two things growing up: A Chef like Emerald Lugosi or renovate houses like Bob Villa. He graduated from St. Johns University in 2011 and took his first real job in Management Consulting. It was a great way to start, but there was no passion for it. Steven doubled his salary with every new job but realized that chasing money wasn't the key to happiness.

    After many industries and a few businesses later, he had to get back to the core desires: What do I want in my life? Real estate was a topic that kept surfacing. So he took the leap. He listened to every podcast, book, mentor, and speaker he could find. He needed to learn everything he could as fast as he could. Two years after starting, Steven bought and sold 200 properties in two states.

    He renovated many of them and built a wonderful team, all working towards one mutual success. He has found a new mission in life: Help others live a better life every day, have fun, and make money.

    Connect with Steven Pesavento on:

    Website:              https://theinvestormindset.com/

                                    https://action.theinvestormindset.com/passive-investor-playbook

    Linkedin:              https://www.linkedin.com/in/stevenpesavento/              

    Instagram:          https://www.instagram.com/steven.pesavento/

    YouTube:             https://www.youtube.com/channel/UCVIYpUX9XqauGNi0P1e6gtQ

    Connect with Two Smart Assets on:

    Website:              https://twosmartassets.com/

    Facebook:           https://www.facebook.com/TwoSmartAssets/

    Instagram:          https://www.instagram.com/twosmartassets/

    YouTube:             https://www.youtube.com/channel/UC5b8x2o3ByaPBcz5Lkev7uw

     

    ✅Check out our free apartment syndication sample deal:

    https://twosmartassets.com/sample-deal-form

     

    📕Don't forget to grab our free passive investing guide for apartment syndications:

    https://twosmartassets.com/investing-guide-form

    30 min

About Two Smart Assets

From the publisher's feed

It’s no secret that real estate is one of the best investment vehicles out there.