as many of you know I'm an avid YouTube connoisseur now even though I've only been making videos here on YouTube for about 24 months I have been on here as a loyal viewer since about 2010 and every now and then someone comes across your screen that gets your attention someone who really stands out someone who is extremely entertaining and when it comes to captivating an audience no one quite does it like the loudmouth real estate mogul Ben maole as it said somebody over there cut your dishes off if you have the hutzpah to put up
frigging demanding for ninety two thousand dollars you should be ashamed so today we sold thirty million dollars worth of real estate and the clock is ticking I'll go into motherhood violence took place mixed a mother robbed rent it out to families make some money he's a high school dropout who grew up in the projects of Queens New York not the typical profile you would think of of someone who now owns over 250 million dollars worth of real estate he's bought shopping centers apartment buildings and most recently a 16 point five million dollar 11 thousand square
foot mansion for himself and his wife which is the most expensive home in Tampa Florida so without knowing any information on how to contact him and without any direct connection to him I resorted to asking the Almighty Instagram for some help and it worked within one hour I was connected to Danny Jones who runs the YouTube channel concrete which films and produces the content for Ben malla and not too much longer after that I booked a plane ticket to go from Los Angeles California all the way to Clearwater Florida so we can meet this larger-than-life
personality firsthand and also learn from someone who built up a real estate empire without so much as a high school diploma this is what happened enjoy I don't think I don't think ass doorbell hey here for Ben okay okay what the hell are you doing here so then hey I'm grandma you want to learn for me gotta learn from you what survived everyone watch it my advice is get out get motivated by him and do it my life was horrible I mean my childhood was the worst you could ever imagine a child growing up with
a horrible crazy lunatic mother in the worst neighborhoods of Far Rockaway New York and the slums surrounded by criminals and the worst element of society that you could imagine and a shitbox bungalow that was only made to live in a summertime my father had us lived there all year round because he was a cheapskate that's why I live here everything my parents did I'm the opposite my mother used to beat the hell out of me as a kid for no reason I never raised the hand of my kids my father always wanted to be a
cheapskate and living dumps and save every little penny he could and sacrifice decent living I'm the opposite you're standing in the formal part of the living room over here we have a family room over there is the formal dining room that we don't use too often because there's only four of us so we have the dining room here as you walk in over here you will find the butler's some people have a butler's pantry right this house has a butler's kitchen I mean you know when I was a kid I always doing wanted to make
a lot of money you know when I moved to Manhattan I'd go and walk past the Plaza Hotel and see all the dignitaries and big shots and I'd say one day I'm gonna stay there the old one you know we're by Central Park eventually I made enough money to stay here I said this place is a dump I don't know what's in here I've been in here before oh man we got a whole big closet here we are in the wine room and I'm gonna be calling it the cry room because where my wife goes
out and fills all these spaces with bottles of wine I'm gonna cry what I see the bill and she likes good wine so but this is the wine room here I really knew real estate when I got out of the army and went to work for a guy that was already in real estate and started working for him that's how I really knew this is it you know this is what I like to do this is where there's a lot of opportunity you don't need a lot of education if you want to work hard you
really don't need a lot of money if you think smart see once I got the nicest house and I feel like I got the nicest car then I'm pretty much done I can retire now I made it to the top level that I feel I wanted to be on okay and I'm done now my kids can try to you know climb the ladder - yeah when you do have money yeah the money gives you power because I don't answer to anybody so that's why I'm able to compete with all the big shots in Chicago -
y'all got all the reefs because they need all these approvals therefore they're probably traded their boards I don't answer to anybody so I can put my money where my mouth this I can go - you say you know what I'm gonna buy your house I'm not gonna pay you when the other guys gonna pay yeah but he may not close the deal I'm gonna give you money today hard non-refundable so you know if I don't do that deal you keep my deposit you know typical kitchen you know it's got a couple of sinks so microwave
this microwave is really cool check it out and push the button I mean couple of dishwashers and pretty much the fireplace here in uh the kitchen area that's my lovely wife right there number one to find it Lots this size will never happen yeah the guy that built his house yeah yeah knocked down like three houses right you know so you had to go out buy three Lots they had all be a next door to each other which is impossible to do he used top-of-the-line construction here it would take five years to build this house
now I was told and it would probably take all in ten million dollars more than when I paid so it actually was a really good deal okay I had offices in excess of 5 million won a paper that's worse well it's a very unique place that's why you know but you gotta be careful winding stuff you don't want to buy a white elephant because sometimes nobody wants it but just this house was very unique the guy who built it he went over the top on the construction the design the location it has everything and it's
probably in it for this area it's it's over the top yeah there's nothing to compare to it you know you only live once and if you're gonna work hard in life you should enjoy your money I mean you know if you have enough to you always live within your means but yeah you know what's the point I'm making a bunch of money I gotta spend it and give you a family the best life possible I agree you see the house I grew up in yeah 540 Beach 43rd Street for our boy in New York yeah
you wouldn't go you would step foot within a five-mile radius that place said bed so you know over the top climbing is very important in terms if you give somebody good terms and good timing you'll get that deal better than the other guy that's gonna pay more money and drag it out for three or four months and subjects it is subject appraisals and all that I came in and said I'm buying this house here's my money and let's do the deal at this price and I'll close it like that that's how you get deals done
so here you have the bar entertainment room okay and you'll find we have a company that makes these pool tables we have a license from GM we have a license from four you own the Camaro's ya doing mustangs and we do them with Corvettes I love we ship them all over the world we should allow them to do by the Arabs love them you know they owe money to burn you know to really be in the real estate you got to live it you got to breathe it you got to eat it you got a
it's got to be your life I mean you can do it on the side but you're not gonna do it on a big level on the side but you know you got to totally throw yourself into the business and you got to be willing you know I used to stay up sometimes all night cuz I didn't have money to hire nobody I physically would paint apartments and stay up all night getting a place ready because I had an inspection the next day you got to do we got to cross the line in life you really
want to make it and you ain't got a bunch of money you're not born rich you gotta cross the line you got to go where nobody else wants to go you got to work the hours nobody else wants to hours you know I neglected my kids that I was young but I did it knowing that I was trying to benefit them to their future so yeah my kids may have missed out on you know Boy Scouts or you know some of the sports activities or whatever and I feel bad about that but in the long
run it paid off because now you know they're set I mean you know I can do the Gulf of Mexico yeah you've got you know hot tub has the lazy river that goes under the house I'll show you and it's a comfortable place the whoever designed it knew what they were doing look at the ceilings look at the balconies I mean it's it's pretty over the yeah burns the house I ever bought and the age might be a loan and it was like a no money down deal because the VA had a program but I
remember you know saving money too you know back then I was by my boy like basically crack houses that nobody wanted you know for like 20 30 grand so basically to put 20% down and something like that was only you know four or five six grand so I didn't need it I saved up somebody you know and you know I bought the worst crap that nobody else wanted and fixed it up and made money and then took the profits from now to refinance bought other stuff so here's the bar used to be a trophy room
okay unfortunately I have no trophies hang on a couple but nothing to brag about we'll get a lot of trophies in real estate and we're gonna turn it into a game we're gonna put a Corvette table in here and this is gonna be the trophy room you want to buy a place that needs too much work you know I tried to stay away from major structural type work you know the Foundation's gotta be good groups okay depends on the deal but you know basically I always just went in put carpets in paint into place maybe
working on windows doors you know things like that I didn't get I wasn't big in a construction I've never built anything in my life instead of being a builder I call myself a rebuilder I would think something that was already built beat down bring him back to its original condition and and make it living yet represent me and my wife and the friend of mine has a sale and then I don't know my kids thought I started collecting lies next thing I know this one shows up it was a gift from my son there's another
one add a nice told the birds deal I ever did I think I paid somewhere around 20 75 it was actually a duplex really there we go duplex this guy's one uted down and one unit up okay both units like three-bedroom units those units rented and once you clean them up and you know I fixed everything up in a passed inspection those units are rented even back then we're talking around 19 late 80s maybe early night late 80s early 90s those units were rented like 800 bucks apiece live so I took a piece of crap
and you know I used to buy a whatever it took I'd buy used carpet clean it up I get i buy use materials from second-hand places you know buy the cheapest stuff I could to make it work right and you know didn't spend that much fixing him up but you know made him decent and safe and so I took a piece of garbage that page 27 5-4 probably threw another maybe five seven six seven grand into place and hi guys love the street to help me in painting and all that crap and and then you
know so I'm into the place a for 35 grand you know based on the sixteen hundred dollars a month income it's now worked a hundred and fifty thousand dollars because now it was a decent looking place I had two contracts in the house and it's already proven that I had to rent coming in the tenants only had to pay nothing or twenty thirty bucks a month cuz they were low income and I went to the bank and I refinanced it got a loan on it for probably 100 grand back then office here let's see we're
trying to get some work done and the offices a library upstairs Oh rats just for show so you know and then down that cross that bridge is a whole entire guesthouse okay no no way no way how do you have a house without a movie theater what did you go out to the movies find a deal that has some kind of potential where you can make it better you can create value you can get some sweat equity in it it's called value add you know and typically there's always gonna be a place like that you
know people die people retire there's always a house even you can fix up let me tell you another good thing that I did very well on I did very well on student housing you can go out and you can buy let's say you just buy a house you buy a house and let's say that house is a big house with four bedrooms in it with students you don't rent the whole place out you ran it by the bed right and that we did very well in because we went out with bought a property you had
a lot of four bedroom apartments in it and you can rent each bedroom out for about five hundred bucks a month or more six hundred even now you took a place that you normally would run out for a thousand bucks a month as a four bedroom but you rented out individually as the bed and they shared a kitchen they share the living room and you get two thousand dollars a month so if you're anywhere near a university look for student housing you can do it on a small level too and a lot of times kids
will get together and rent each bedroom right but always make the parents guarantee the lease so if they don't pay you go back to the parent hey you didn't pay the rent you know but student housing is good senior housing is great because of seniors they never move and they don't break anything and they don't really use anything it's pretty easy to run a senior building there's a lot of different areas of real estate and you can do ready we're live downstairs you know you go that's all the guest house one City Gym D&C where
I spend most of my time getting ready to put some furniture out decorate here so we're still in the gasoline to get cows still in the guest house so it's three stories three stories this is a kitchen balcony fireplace in the balcony out there okay this is what happens when you take real estate serious did you ever think you would have a house like this one day I work for a guy to had one really and I knew that I worked harder than him yeah and I knew I could have everything he had an even
more and he built house like this and a place called Lafayette California which is near orinda a very high-end area yeah near San Francisco he built like castles he was a very big builder yeah I knew that if I said kept doing what he was doing and kept working at it and put my time in and flipping properties I knew eventually I get to a level where I could afford to have pretty much almost any house I want okay you'd know it because you feel your life accumulating you feel your life growing you feel your
bank account growing you feel your essence growing but you got to get out there and earn it it ain't gonna happen by sitting around you know doing nothing yeah you gotta get at the end find those places and fix those places and rent those places and sell those places yeah you know get out of the way Danny how to close the door your Sun above it was a lot of opportunity where I was at the time in the bed rough neighborhoods so I had stuff all over town I had single families i buy duplexes the
duplex you start becoming triplexes and I bought four flexes then the guy that I was working for it doing management I also had him and then me and him with his money and his credit then I started doing bigger deals his elevator yeah he's kind of roof in this bedroom on the master here's the way to the master bedroom just you know what a total toilet is total toilet attaches it's not on a date but acts like a bidet it attaches to your toilet seats in that it shoots water all kinds of ways and actual
temperature control of the pulse oh let me tact once you have one you can't live without one we started growing very very large in the apartment business and that's pretty much all I ever did was apartments and it was affordable housing to mostly then when I decided to move out of California you know for because the market was really high over floor in California you got to know when it's time to sell you don't want to miss the boat you know it's it's a market just like anything else real estate sup real estates down you
got to buy when it's down you gotta sell when it's up so I came to Florida I found this area had a lot of growth in it in the middle of the state Miami was too expensive North Florida was too cheap and this was just right right in the middle so we grew into hotel business we found that to be very lucrative fixing up beat up hotels making them nice and rundown and then a few about five years ago wasn't only I decided that I wanted a limit to management because hotels and management in tents
apartments or it could be management intense but retail is not it's you don't have the potential to make a lot of money at retail listed a developer or if you can find one beat up and fix it up and right now you can but typically I wanted to slow down a management retail is no management you buy a retail shopping center you know the tenants are there running their business everything that goes on inside that business is their problem I'm just responsible maybe even a roof and the exterior you basically collect the rent from a
business owner and that's the end of it you don't worry about nothing else and you know typically don't move a lot if they make it money because that's their you know you know their livelihood the master bedroom balconies fireplace you gotta take care your housekeepers I think I carry one's you everywhere all that washes by the rooms when things are far away it's very hard to deal with you don't want to hire management companies because then you're not in control of your own investment and they can do things you don't want them to do it's
not their investment they're not gonna protect the investment like you are so the biggest thing was you know not be so spread out because I don't want to be no big giant company I was happy just being a good strong family business you know with kids coming in and helping me and just all of us working together so the tech room is was like oh it turn on get in your hole that's what we keep the brain this is it we should keep getting that Robo gets what is AC to keep all of this cool
16 16 AC unit controls here the worst thing in the world is you don't want to work for free it's like I went out this week the market is ridiculous the price is make no sense right now in apartments basically we sit down we look at the numbers as we say wait a minute we're gonna invest millions of dollars in this deal and we're not gonna get no return or very little return we're working for free you don't want to do that you want to have you want to make sure that there's some upside in
that deal whether it's on the sale whether it's on the monthly income you don't want to work for free then you're not didn't you just you're not going to where you like that uh you like that hamster in the wheel and you know you're just constantly penalty when you're not going aware you got to make sure there's a there's a plan you gotta have a plan you got up goals all right now we're gonna show you if you like doing a little bowling let's do it you almost look like the size but then he could
be one of my pins if I ever lose one but everybody can change I go to the worst place in the world I always knew growing up in the hardest horrible places I mean it was dangerous I wanted a better life right I'd get out he's living in the same neighborhood he grew up in his whole life there's the lazy river I could turn the water on it'll push you all throughout a raft you got to make decisions in life if you really really want to be wealthy you've got a you got to go further
than ever the average guy next to you you got to put in 18-hour days sometimes I'll be honest with you the army taught me that you can do anything especially be on an army behind you but they taught me that you can get it done just get you get it done you figure out a way you get it done and you push yourselves to those limits you got to push yourself here's the bowling alley [Music] get out go online find a real estate agent is plenty of them out there a real estate agent will work
for free for you they get paid by the seller get a real estate agent that's going to find you exactly what you need it what you want go online look on the MLS you know go on all the websites there are find something in your area that you could afford the most of one thing is get your credit right make sure you got good credit save up as much money as you can for down payment if it picks up but your credit is more important than anything I mean you have a bad credit report fix
it you get on the phone to go see it yourself you can do credit repair yourself you'd be surprised you know medical school blown student loans things like that you couldn't get on a boat and get a plan with that person to get it off your credit report yeah and then you know even people that were bankrupt bankruptcies only last 7 years after seven years they pretty much forgive you all those short sales you were doing back then yep all those people are forgiven of course and now they get two more of them you get
a second chance believe me the banking world is very forgiving banks will loan you money to fix it up they'll want you the money to buy it and fix it up you know and they're taking the biggest risk typical deal if you go out buy an FHA deal today you only put three percent down that's three Grint on every hundred grand if you find a house for 200 grand you only need six grand or you know you find a fixer-upper you know and tell the bank okay I want to buy it and I want I
want you to loan me money on this value today but then as you fix it up they'll give you more money you know there's different types of loan programs most of one thing is be friends with the bank the bank is your friend they're the ones with all the money they make money on loaning your money and that's how old home machine works but anyway that's the story when it comes to someone you could learn from and look up to Ben malla is it he speaks from a place of authenticity without a filter and without
any hidden agenda he is truly a selfless person at heart who enjoys teaching and spreading the gospel of real estate he should serve as an incredible first-hand example that anyone can make it in his business that anyone can achieve what he has as long as they have the determination to succeed and the willpower to always be learning I've also been told that Benton will be reading the comments you write on this video so if there's anything you want to say to Ben and have read it now is your time to do so if you just
comment anything down below and let us know what you think of the video and most importantly I would like to take the time to thank Danny Jones for making all of this possible he runs the YouTube channel concrete which films and produces all the Benton malov videos we enjoy watching we also did a podcast with Ben which has just been posted on that channel as well so it's a huge favor if you enjoy my videos go ahead and subscribe to concrete - he produces some really amazing content some really cool videos and trust me when
I say this it'll be totally worth it to go and check that out so the links to that will be in the description oh oh and also make sure to hit that like button if you haven't done that already thank you again for watching ends until next time
