How to Bulletproof Your Rental Lease and Avoid Costly Tenant Problems

Ron Faraci (00:00)
Here’s one, a no show fee. So, tenant calls happens all the time. Tenant calls go, hey, whatever, I got a small leak or something.

So you send your handyman, if you’re sending a plumber for a small leak, you’re not going to make it son. But okay, so you send your guy, whomever that is, and they show up, they knock on the door and they’re like, oh, hey, I’m here to fix the leak. And here’s what you’re going to hear. My baby’s sick, today’s not good. Or my husband worked third shift, he’s sleeping, come back. Hear that all the time in low income housing. So we have $175 no-show fee to do that. And we want it, we’re enforcing it.

Quentin Edmonds (00:23)
Mmmmm

Hello, everyone. Welcome to the Real Estate Pros podcast. I am your host, Q Edmonds, and I’m excited. I’m excited to be here today. I am excited about my guest. There’s a lot that we can learn from our guest. It’s just going to be if we have time to go through it all, right? But it is also going to be if he wants what he wants to tell us as well. But I love this gentleman’s story. I love his, I’m going to call it innovation. I love

Ron Faraci (02:24)
He

Quentin Edmonds (02:34)
the vision that he has with his business and how he’s built his business. so I am really, really excited for us to get to know a little bit better, Mr. Ron Faraci Mr. Ron, how are you today, my friend?

Ron Faraci (02:48)
Q, how are you today? I appreciate you having me on and I hope not to disappoint after that amazing intro.

Quentin Edmonds (02:53)
No, sir. So is anything in the intro that I said that was false?

Ron Faraci (02:57)
No, no, listen, you know, one thing about me is I’m an open book. I mean, you can ask me anything. I’m not trying to hide anything. I have zero agenda and I hope your listeners get ⁓ a little bit of value out of what we talked about.

Quentin Edmonds (03:03)
Yeah. ⁓

Yeah, I know they will. And that’s why I’m letting you know, I find you fascinating. And I’m going put this out here. I do this a lot. So I kind of think I know when that is going to be a really good party. And I’m telling you, my man. I love it. And so listen, I am a tight Mr. Rowan. I like to dive right in. So I would love for you to tell the people, what’s your main focus these days?

Ron Faraci (03:20)
All right, let’s do this.

Quentin Edmonds (03:35)
If you don’t mind, give us a little bit of an origin story, kind of how you got to the place that you’re at. And then man, tell them what part of the world you’re in. People, they love to know what people are geographically. And so what you’re up to, your origin story and where you are. Mr. Ron, sir, you have the floor.

Ron Faraci (03:44)
I love it.

Thanks Q. Well, my name’s Ron. ⁓ What I’m up to these days, my second chapter, probably my eighth chapter in life, I’m 59 years old, ⁓ retired from landlording where my wife and I owned and managed almost 800 low income units. So we retired early, we were blessed, little lucky. There’s always an element of luck in that. These days, ⁓ it’s more of a hobby. It’s not so much a business. I’m still trying to figure out what my next step is. ⁓ But I sell my 31 page lease because everybody used to ask me.

Quentin Edmonds (04:08)
Yes, yes, yes.

Ron Faraci (04:19)
large, low-income landlords, by the way. I often say that my tenants, if they can’t make it with me, the next stop is under a bridge for them. So I had to deal in that world, wildly profitable, but full of landmines, if you will. And our 31-page lease is kind of what I do on the internet today on TikTok and things like that, which is I’m probably the oldest guy on TikTok. ⁓

But that’s kind of what I do. It’s a bit of a hobby right now. I’m just looking for something to do and I think it adds value, a lot of value. My origin story. I have a different one. Mine’s a little bit different. There’s a lot of guys who say, pulled up by their bootstraps and I’m no different. High school educated, I don’t have a big degree. I often joke I have a PhD, a ⁓ public high school diploma.

Quentin Edmonds (05:11)
Easy.

Ron Faraci (05:12)
You know, I um, you know, I, I, I come from, you know, a very modest means, like, like a lot of people where my story probably differentiates, you know, uh, is that when I was a young man, I’m almost 60 now, but when I was a young man, uh, and when I say young, mean, 20, 20 years old, 21 years old. So I’m going back. Oh my goodness. I can’t believe it’s been almost 40 years, but you know, I got in a lot of trouble. Uh, and when I say a lot of trouble, I’m not kidding. Uh, I was the subject of a nationwide manhunt.

⁓ by the ⁓ US Marshals and the Russian mafia. They were both looking for me at the same time in 1988 or late 89 rather. And ⁓ ended up getting indicted with those guys because we were importing gambling equipment in from Moscow ⁓ into Edmonton, Alberta up to Alaska. And then in reverse for stolen jewelry, stolen cars. I mean, it was…

I was a young man, I was making a lot of money and thinking, well, nobody’s getting hurt. And it was fun. I’m not going to lie, for a few years, it was a blast. But of course, like all things of that nature, it’s fun until it isn’t. And the government said, hey, that’s it, party’s over. And so we were all scattered throughout the United States on the run and we all of course got caught. And it ended up that the Russians paid for my lawyer to try to save me.

Quentin Edmonds (06:22)
Boo!

Ron Faraci (07:25)
so it’s a crazy story. So I often joke that and I tell that story so young people, probably more specifically young men, can kind of hear that because I used to own ⁓ the RIA in Connecticut, which is where I’m from. And we were the fifth largest RIA in America. So I got to interface with thousands of investors and a lot of times young men.

Quentin Edmonds (07:27)
Yeah

Ron Faraci (07:50)
And women too, don’t get me wrong, but young men especially, because we tend to get in trouble more as young men and not everybody, of course, but of course, I used to hear all the time, well, I only got a high school education or I’m not that smart. I don’t have any money or I’ve got a felony conviction. I was like, I’m all those things and you came here to listen to me talk. So don’t focus on your past because you don’t live there anymore. And if you do still live there, yeah, it’s going to be a long life for you.

⁓ So that’s kind of my origin story. And I parlayed that and I say, I, mean, we, my wife and I have been married for a lot of years to an amazing woman. And without her, none of this is possible. And then we ⁓ moved to Los Angeles when we were super young kids, broke, no money. We just figured, well, we might as well be in palm trees. Right. And I ended up ⁓ working for, I got lucky, got a commission sales job and for one of the co-founders of the Home Depot.

Quentin Edmonds (08:26)
Yeah.

Mm.

Ron Faraci (08:48)
and ended up doing well with that. It’s about the only skill I possess. I’m a decent sales guy and I’m a pretty good landlord. And moved from LA after a number of years because we wanted to buy multifamily properties. And the East Coast, you could do that. You can’t do that in California, not really. Prices don’t make any sense for what we wanted to do. And so we ended up buying, just started acquiring low income properties and nothing sexy. mean, it’s smaller buildings, six units, 10 units, 12 units.

you know, things like that. ⁓ cause you could get them cheap back then. ⁓ and there was a lot of cashflow and we ended up just going and going and going and going. And four years after we started, I quit my job. never. And that was many years ago. So I haven’t had a job job in many, many years, all because of low income housing. Now that being said, you know, it, it, it, taxes you, right? I mean, you are the, the center of all the drama.

You end up being the cop, the priest, the therapist, the bouncer. You end up being everything, but you’re paid very well for it. I liquidated most of that portfolio when we retired to Florida, which is where we live now. We live in Sarasota, Florida. ⁓ I still go back to Connecticut occasionally, which I love doing because that’s my tribe. That’s me in a five-minute nutshell.

Quentin Edmonds (10:05)
And Mr. Ron, sir, thank you, man. I told you before I seen pictures. it was, watching the Hollywood screenplay as you talk, I’m just, as you talk, I’m just going through the motions. And so I love it, man. Thank you for letting us know where you are, kind of how you got there. And I’m an active listener and I write things down when people talk. So I kind of want to give you a summary because I want to make a statement and I want to ask you a question. And I really think

Ron Faraci (10:13)
Yeah. ⁓

Quentin Edmonds (10:34)
You’re going to love answering this question, but we’ll see. And so I wrote now, as you started talking, he was like, listen, then the second, okay, maybe eighth chapter of my life. You know what saying? You’re retired. You know, you’re a retired landlord. Right now it’s like a hobby. And one of the things you do, have this 31 page lease that you sell when you leverage TikTok to do it. And I love that you’re leveraging TikTok.

Ron Faraci (10:44)
Yeah. I’m still trying to figure it out the next chapter. I have no idea. Yeah, who knows?

Quentin Edmonds (11:01)
You have a PhD, you have a PhD, public high school diploma. so, you’re almost 60 now, in your 20s, you got into some trouble. There was literally a manhunt for you, US Marshals, Russian mafia, got indicted. The Russians paid for your lawyer, kind of saved your life, right? Saved your life, right? So this is my statement.

Ron Faraci (11:03)
That’s right.

Ugh, crazy. ⁓ yeah. They did. They saved my life actually, yeah. They actually did, yeah.

Quentin Edmonds (11:28)
that I make every podcast, destiny has no wasted moments. Please do, please do because I think it perfectly captures some of our life’s journey. And how you just said, you just gave us that blurb in like five minutes, but you said, you just said, man, 20s, like, dang, that’s happened in my 20s almost 40 years ago. So you gave your life in five minutes, but there’s been a transition.

Ron Faraci (11:28)
Yeah.

That’s interesting. I love that. I might steal that. Yeah. Yeah. Yeah.

Oof.

Quentin Edmonds (11:56)
of things, momentum building to where you are now.

Ron Faraci (11:56)
Yeah.

It does. And

without that, I wouldn’t be here today without that experience. I just really wouldn’t. Yeah. Here it is.

Quentin Edmonds (12:03)
So here’s the question. Here’s the question.

What was the moments taught you about yourself? What has all of this revealed to you? Like if you had to sum it up, has it revealed discipline, stick-to-itiveness, resilience, humbleness? Like what is these moments? If you could put it in one word, what was it revealed? Yeah.

Ron Faraci (12:18)
Yeah, boy, whew.

That’s a good question. So I think it reveals a couple of things. ⁓ I think there’s a sense of gratitude that I learned. I really thought my life was over. I mean, I was facing over a hundred years. So I thought my life was over. I really did. And it must be like, and I don’t want to compare the two because, you know, like a cancer survivor, you often hear they beat it and I have a renewed vigor for life. Like, whoa. And so maybe it’s just a matter of perspective that I lacked as a young man. Cause as a young man, you think you’re invincible, right?

You end up driving too fast. I’ll be fine. You know, that’s just how life is for most young men. but I, I, I thought my life was over and it wasn’t. And I had a renewed zest for life and I vowed I’ll never be back here again. ⁓ you know, probably the negative, most people don’t talk about a negative effect of all that is, but it kind of led to my success is I view the world.

under a negative lens. Like, I don’t know. I’m not a big positive thinking guy. Like, hey, it’s going to be okay. It’s going to be okay. I actually do the opposite. I think everything’s going to end tomorrow. They’re going to take everything from me tomorrow. ⁓ They’re out to screw me. What’s his angle? And that’s not healthy. It’s profitable because I feel like having that shitty outlook, and it is, I recognize that, it

Quentin Edmonds (14:07)
Yes.

Thank

Ron Faraci (14:17)
It keeps my edge. I think when you look at the world through rose-colored glasses and think positively, it’s all going to work out. It’s like, I don’t know. I don’t think it’s going to work out, so I better prepare in case it doesn’t. And that’s how I viewed it. And I think that got ingrained in me during my trial and everything. And when it found out, I could actually go home one day.

Quentin Edmonds (14:19)
Hmm.

Ron Faraci (14:41)
I just never lost that. And I’m not saying that’s good by the way. But it is what it is, right? I mean, that’s part of why I think I ascended to a level that probably my education, intelligence, nor looks should have allowed me to get to because I viewed the world through that lens. Weird answer, I get it.

Quentin Edmonds (14:44)
Yeah.

Yes, sir. Yes, sir.

No, sir. I’m going tell you it’s not weird at all. One is your answer. And I’m going see if I can help synthesize it just a little bit. So the reason why I asked that question, Mr. Ron, because at the center of anybody’s business is them. They’re at the center of it. Like, strategies can change. Money goes up and down. But at the center is them. And so I love your self-aware answer. I have a friend. She’s an incredible songwriter.

And one of my favorite songs that she wrote, talks about how people want to take her anxiety away, but she talks about, but her anxiety is what makes her a great songwriter.

Ron Faraci (15:39)
at your superpower. know and it is, right? mean, see you get it and most people don’t get it.

Quentin Edmonds (15:41)
So that’s why I

want to synthesize that because when you’re self aware, like I said, said a self confident person, they’re self confident at the detriment to everybody else. They mean they, they steamroll everybody. They know their strength. They know their weaknesses, but they’re not going to admit them. And even if they do admit them, they’re not going to address them. But a self aware person, they’re self aware of the compliment of everybody else.

Ron Faraci (15:56)
Yeah.

Quentin Edmonds (16:08)
They say, know who I am. know my shrimps and I know how to put my shrimps to good work so it can benefit everybody else and include everybody else. And so when you know where you draw from, it makes all the difference in the world with how you can determine how successful you are. How you can determine how to live your life. Does that make sense? And that’s why I said what you said wasn’t crazy at all. And that’s why I love to create space.

Ron Faraci (16:23)
Well put.

It makes all the sense in the world. You put it much more succinctly than I did. I love that cue.

Quentin Edmonds (16:35)
to learn from people in way they think. we can learn from, we’re all different. We can literally be doing the same thing, but our approach is going to be different. We have different superpowers. And so man, thank you, Mr. Ron. Thank you for that answer, You are selling a 31 page lease. Sir, how did that develop? I how did that turn into a business? This is the first time I’ve ever heard it.

Ron Faraci (16:45)
Amen.

Yeah. I don’t know.

Yeah. ⁓ so, I mean, it’s funny when you going, owning property at the scale and types of property we did, it doesn’t really come with a playbook. You can watch YouTube videos. can, you know, can, you can take a course, you can do all that. But at the end of the day, the lease kind of became 31 pages, which I hate by the way, that has to be 31 pages. mean, but that’s the reality of, of.

being a low-income landlord in a blue state. ⁓ And there’s things in there that, you know, I just learned over the years. So how it developed was a lot of ugly crying, a lot of evictions gone wrong, lot of, you know, mistakes made, ⁓ you know, any landlord who says it all went beautifully. they, they’re either lying or they just never made any money, you know. ⁓ And that’s why I never bought the big, beautiful buildings. Like I didn’t want a sense of pride. I wanted, I wanted money.

Quentin Edmonds (18:26)
Hmm

Ron Faraci (18:34)
So, yeah, the lease happens over many, many years, over thousands of tenants. And some of the clauses, I mean, I could go all day on this, that people don’t think about that they should put in their lease, whether they buy mine for $159 or they create it their own. Here’s one, a no show fee. So, tenant calls happens all the time. Tenant calls go, hey, whatever, I got a small leak or something.

So you send your handyman, if you’re sending a plumber for a small leak, you’re not going to make it son. But okay, so you send your guy, whomever that is, and they show up, they knock on the door and they’re like, oh, hey, I’m here to fix the leak. And here’s what you’re going to hear. My baby’s sick, today’s not good. Or my husband worked third shift, he’s sleeping, come back. Hear that all the time in low income housing. So we have $175 no-show fee to do that. And we want it, we’re enforcing it.

Quentin Edmonds (19:16)
Mmmmm

Ron Faraci (19:27)
You know, how about this one? Tenant gives you notice they’re leaving. They’ll be out by the 31st, let’s say. Turns out the 31st is, you know, a Sunday. Oh, well, can’t get to U-Haul on Sunday. I can get pick it up Monday, so I’ll be out Tuesday. You know, well, okay, well, it’s $100 holdover fee. You know, and here’s why. Because I want to incentivize them to get out. You said you’re going to be out on the 31st. Well, I got somebody else moving in.

So now that ripple effect screwed everybody over. So, you know, it’s going to cost you $100 per calendar day. So it incentivizes them to get in, get out. Electronic communication only. Well, you got to have this one, right? Hey, Q, you and I agreed to communicate electronically and you have the ability to do that. And you agreed that it’s in full force and effect legal communication. Here’s why. Because I don’t want to show up in housing court and Q stands there and tells the judge, well, I told them to fix those steps. Like, no, you didn’t, you know? And so it kind of covers my butt. ⁓

A cleaning fee addendum. Boy, I can’t believe people don’t do this. I two full pages. You itemize everything. To clean out a refrigerator if you’re not going to do a queue is $375. I’m the world’s most expensive maid service. Don’t hire me. Every item, every coat hanger, every Chinese menu, every fork is $9. So please leave it all behind. I’ll pick up after you, but I’m going to charge you for it. Satellite dishes. Boy, how many times you go to a

an apartment complex and there’s 14 satellite dishes on the roof. A, it’s unsightly and the problem with satellite dishes on the roof is when the tenant moves out, are they going to climb a ladder and go take off their satellite dish? No, nor do you want them to. Is the dish company going to come take it off? No. Are they going to put holes in your roof? Absolutely. So, I don’t allow them on the roof. So, you want to have all that in your lease amongst 31 other pages of stuff.

You know, so I just sort of kind of evangelize low income ⁓ apartment and I’ll hold up a copy of my book. don’t care if they buy it or not, but I wrote a 341 page book full of tips and tricks. ⁓ And it’s fun. I give you a great one. I’ll give you a couple of great ones for, you know, tips from a slumlord if you want. ⁓ know, so in low income housing, a lot of times you have drug activity and

Quentin Edmonds (21:20)
There you go.

Ron Faraci (21:37)
And drug dealers sometimes congregate in a place they’re comfortable with and it could be around your building, your parking lot, in your building itself, because they hook up with one of your tenant girls there and they kind of move in. And so one of the ways to get rid of them, ⁓ you can’t really strong arm them. You can try, but that may not end well. Calling the cops, calling the cops, we all know that’s a waste of time, right? And that’s just going to piss them off. So a better way to do it is

Quentin Edmonds (21:43)
Mm-hmm. Nope.

Right? Right,

Right, right. Yeah.

Ron Faraci (22:05)
Here’s what I want you to do. If you’re listeners, you got drug dealers in your building hanging out? I want you to send out a letter to all your residents. Dear valued tenant, I just want to apologize in advance for any future inconveniences it’s going to cause, but we’ve partnered with the local law ⁓ enforcement agency to train their drug sniffing dogs at our units. So they’re going to be walking the hallways. They’re going to be in the parking lot. So sorry about the inconvenience that’s going to cause.

You know, they won’t be coming into your units, but they’re going to be all over the place. Yeah. They’ll scatter like cockroaches. I promise you. You know, and so, you know, modern problems require modern solutions. You know, so, so little things like that, you know, that I just wrote down and I’ve got 341 pages of them, you know, ⁓ flex seal, you know, you ever seen that commercial, the flex seal? Yeah. Well, they make like a paint, like it’s a rubberized paint. So in low income housing, you want to put that under all your sinks.

Paint the bottoms of your cabinets under all the sinks and go up the sides about two inches because when the sink leaks under there and it always leaks under the sinks because they stuff them full of Draino and whatever and then they push against the P-trap. It does a small drip. If you flex seal paint the bottom, it won’t ruin your cabinets. So, it’ll kind of catch all the water and create a very small swimming pool. I you want to fix the leak eventually. ⁓ Orange handles. Boy, you got to do this one.

Quentin Edmonds (23:22)
Hmm.

Ron Faraci (23:31)
Go into your basement, find the main water shutoff switch. And it’s usually in a basement, but not always. You want to find that one handle that shuts off the water to the entire building because a tenant’s going to run a washing machine, the hose is going to come off and they’re going to be at work, you know, and then water’s gushing down into the lower unit. So you want to be able to tell the tenant, shut off the orange handle. Cause if you don’t paint it bright orange, how do you describe where that handle is in a room full of handles? You know,

So, paint it bright orange. Paint all your copper in your basements. If you have copper, just spray paint them white. You don’t have to paint the whole thing white, but just mark them up because then it becomes, quote unquote, dirty copper. It’s worthless to meth heads, where copper is valuable to a meth head. But if you just put a little bit of paint on it, it becomes, quote unquote, dirty and it’s effectively useless. Meth heads will look at it and won’t even take it. ⁓

A lot of times in low income housing, see where your garbage bins are. There’s flies everywhere. It stinks. Take a bunch, take 50 50 mix of cayenne pepper and cinnamon and spray it all around. You’ll never see a fly again or it’ll smell nice. You know, all those little tips and tricks that they sound stupid, but, you kind of think about them. Go away. It does make sense. You know, and so just over a lifetime of getting kicked in the nuts, you just kind of learn stuff like that, you know,

Quentin Edmonds (24:49)
Man, sir, thank you, man. Thank you for sharing those clips. ⁓ man, that’s, man, listen, I know you got, that thick book, I’m sure we can go all day for sure. But man, that thing sounds like a gold mine. People need that, man. So we want, want to talk more about that. I want to make sure we get a clear name on the book later when we close out. I do want to get your perspective on this. I get everybody’s unique perspective on this word. So I want to hear your unique perspective.

Ron Faraci (24:55)
I can do those all day.

I could-

Quentin Edmonds (25:18)
on the word relationship. You hear the word relationship from your unique perspective, what comes to mind to you?

Ron Faraci (25:20)
Hmm.

Yeah, that’s a good question. you know, I’m going to answer that in long form. So, relationship in this business is everything. ⁓ And that’s not just some, you know, Instagram quote I’m doing here. That’s how I acquired most of my units. So, about half the units I ever bought, I didn’t use a bank. I make an offer on a Monday. I’m trying to close on Thursday or Friday. I just need the title search to be done. So, and I did that through relationships. ⁓

Quentin Edmonds (25:32)
Mm-hmm.

Ron Faraci (25:55)
I play people, I don’t play buildings. So I’d often get a call from a wholesaler or somebody, hey Ron, I got a six unit, you know, off market in New Britain. yeah, tell me about The Cellar. it’s a great building, all two bedroom units. That’s great. Tell me about The Cellar. well, you know, it’s all separate utilities, tenant pays utilities, low tax base, great area. that’s cool. Tell me about The Cellar. Yeah, I just care about The Cellar. You know, I need a piece of paper on the property. I need a book on The Cellar.

Quentin Edmonds (26:18)
Wow.

Hmm.

Ron Faraci (26:22)
So,

I buy properties through relationships with sellers and listing agents. By the way, interesting tidbit, I just did that in Sarasota, Florida. So I posted about this on Facebook. So I just moved to Sarasota, my wife and I. And my wife decides she wants to live in the core of Sarasota, which is like bikeable to Siesta Key, downtown, all the restaurants. Well, let me tell you, it’s big money, big money. And I’m well off, but I don’t have big money. You know, and I lost three houses.

You know, all cash, I’m all cash too, but I can’t compete with these people. I mean, I’m competing with guys driving up in McLarens, you know, and it’s pocket change to them. And so after the third house, I said, I’m done. I’m going old school. So I went to every listing agent in this area. I walked every open house, even if I hated the house or I couldn’t afford the house, just to meet the listing agents. And I handed them my card and there’s not a listing agent in central Sarasota that doesn’t know my name. Okay. And in two weeks, I only moved here two weeks ago and

Quentin Edmonds (26:57)
Yeah, yeah, yeah.

Ron Faraci (27:18)
And I said, listen, I’m all cash. You bring me an off-market deal. I give you both sides of the commission. Okay. You can pay twice with me, right? I’m all cash. I will not break your balls on inspection. Okay. And I’ll leave a deposit and that deposit goes hard now. Okay. If I back out, I lose it. Bring me your off-market deal. Cause I figured I can’t compete with these guys on money. You know, they’re driving up in McLaren’s. No, no, I’m not exaggerating. So I just decided to go around them. And you know what? I closed down a house last week.

Quentin Edmonds (27:39)
Yeah.

Ron Faraci (27:45)
I bought it for land value. got a free house. ⁓ Because I played relationships. And that’s what that’s that’s the secret sauce in this business. It’s Hey, listen, you can watch YouTube videos and learn cap rates and GRM, you know, IRR and all the metrics. You can read my book, landlord war chest shameless plug. But I mean, to learn tips and tricks. But you know what, what what you have to embrace in this business, if you want to be the top of the heap is it’s a relationship business. It just is.

So without relationships, I’m painting bridges probably.

Quentin Edmonds (28:17)
Mr. Ron, sir, listen, I feel like we just getting started. I’m like looking at the time, I’m like, man, I feel like we can go on and on. I feel like there’s so many ways I can go and so many questions I can ask. But listen, if someone wanted to reach out to you, connect with you, collaborate with you, learn more about what you’re doing, how can they get in contact with you, Mr.

Ron Faraci (28:26)
Yeah

You know, probably the best way to get ahold of me is ⁓ bulletprooflease.com. That’s where I sell my lease. My email’s on there. ⁓ You know, I don’t really have anything. I don’t do coaching. I do one-on-one coaching occasionally. ⁓ It’s not something I do a lot of. I might do more in the future, but I’ll only do one-on-one coaching.

Um, at this point, but yeah, that’s the best way to get ahold of me. I’m on Tik Tok. know that’s funny. 59 year old guy on Tik Tok, right? Like I’m I’m a 12 year old girl named Ashley or something. Um, but yeah, I’m on Tik Tok. Uh, you know, Bulletproof lease, you know, on Tik Tok and things like that. And I do a video, I try to do a video every day on a, on a lease tip. You know, I just did one this morning before I came on the podcast. So, uh, that’s, that’s really the best way to get ahold of me. Bulletprooflease.com.

Quentin Edmonds (29:23)
love it.

Hold the book up for me one more time, man. Give me the book one more time, It’s so amazing.

Ron Faraci (29:26)
yeah, Landlord War Chess, get it Barnes and Noble or Amazon. Yeah, it’s full

of those tips and tricks that I told you about. It’s really just a hobby. I just enjoy doing it. Just a lifetime of getting kicked in the nuts. learn a few things.

Quentin Edmonds (29:35)
Yes, sir.

Yeah.

Absolutely.

Yeah, you get kicks in the nuts long enough, you learn how to block it real fast. ⁓

Ron Faraci (29:48)
Yeah, or you don’t, right? Yeah, or you don’t. Yeah, or you don’t, right? In which case you end up living in

one of my buildings, right? Yeah, yeah.

Quentin Edmonds (29:57)
⁓ Listen, Mr. Vaughn, I want to say three things to you sincerely. All right. So first, thank you for your time. I mean, you could have been doing anything with your time. And I personally think time is our most precious commodity. So thank you. I believe that you value us with your time. So thank you, man. Thank you for giving us your time. Secondly, man, thank you for your story. I always say thank you for the gift of your vulnerability, your transparency, your integrity.

I believe stories have a way of planting seeds in people. We may never see the growth, but that seed is there and that seed could literally course correct somebody’s life. So man, thank you for coming on and planting real seeds. Thank you for your narrative and your story. I greatly appreciate it. And lastly, man, thank you for the way you think. You have a brilliant way of thinking. Thank you for your mindset and bringing that mindset to this platform. I greatly appreciate you coming on today, Mr. Ron.

Ron Faraci (30:53)
Well, thank you for having me. I’ve really enjoyed it, Q. You did an excellent job.

Quentin Edmonds (30:56)
Absolutely. Well, listen, you heard Mr. Ron, you heard the stories.

You all got incredible nuggets. I know landlords and property managers. I hope you all can write some stuff down because he gave incredible nuggets. So please, his information is in the show notes. So get in contact with him, get the book. Follow him on TikTok, right? And also make sure you subscribe here because I promise you we’re going to continue to bring up amazing people just like Mr. Ron. So, sir, I say thank you again. And everyone else, no problem. You all have a fantastic day.

Ron Faraci (31:22)
Thank you, Q.