0:00

Hey guys , welcome to the Titanium

0:03

Vault . I'm your host , RJ Bates III

0:05

, and today I'm sitting down with Scotty Chigalis

0:07

. How are you doing , man ?

0:08

Good brother , Thanks for having me .

0:10

Yeah , so introduce

0:12

yourself . Tell the people what it is that you do

0:14

in real estate and also outside

0:16

of real estate .

0:17

All right , so my name is Scotty Chigalis . I've

0:19

been wholesaling and a real estate investor

0:21

since 2017 . Everything

0:25

real estate right and I also

0:27

help business owners and real estate investors

0:30

get access to capital through credit

0:32

stacking and the whole credit war round

0:34

, and I'm really the translator between

0:36

credit and real estate , emerging

0:39

both of those together so

0:41

people can use true OPM

0:44

to be able to invest in real estate at

0:46

0% interest . That's really what I'm kind

0:48

of known for Credit and

0:51

real estate translator .

0:53

Love it , man , love it , and that's why I wanted to bring you

0:55

on here , because nowadays

0:59

, a couple of years ago

1:01

you got started in 2017 , so you know what I'm

1:03

talking about it was like we had the

1:05

direct mail . We went to

1:07

ringless voicemails , then it was like

1:09

everybody had to do texting . And

1:12

now we're moving into this world of PPC

1:15

, ppls Everybody's

1:17

got inbound leads coming in and

1:19

the problem is that's capital intensive

1:21

, right ? Everyone's like RJ

1:24

, I don't have that much money . That's the whole

1:26

reason why I'm trying to get into wholesaling is I don't

1:28

have money . So I wanted to bring you

1:30

in here because , talking

1:32

about how to utilize , like

1:34

you said I love how you said that true , opm

1:37

, other people's money , not

1:40

your buddy over here who's got some extra

1:43

cash . No , we're talking about American

1:45

Express , citi , capital , one

1:47

the real other people's money

1:49

, so let's talk about that . I

1:52

mean , I'm assuming

1:54

when you're talking about using this , it's mainly

1:56

inside of your business overhead

1:59

and your marketing capital and stuff like that , right

2:01

, right ?

2:02

Well , really is we can use credit for anything . I even use credit for payroll sometimes . Nice

2:04

is we can use credit for anything . I even use credit for payroll sometimes

2:06

. Nice , you can really

2:08

use it for anything , and even

2:11

with real estate down payments . You're probably thinking well , how

2:13

the hell can you use a credit card to

2:15

put a down payment on real estate ? Well

2:17

, it's simple . If you need a 20 , 10 , 20%

2:20

down payment in the Midwest I'm originally from Oklahoma

2:22

you can buy a hundred thousand dollar homes every

2:24

single day . Right , 10

2:27

, 20% down . Cool , you

2:29

got 10 , $20,000 . We can get

2:31

access to multiple six figures and

2:33

credit cards at 0% interest and

2:35

we can liquidate those cards , turn that credit

2:37

into cash . Now , with that cash , you

2:39

can simply wire that down payment to

2:41

the title company and you just bought

2:44

a real estate property

2:46

with 0% interest on

2:48

a credit card .

2:50

So one of the biggest issues

2:52

that I've had with credit as

2:55

a real estate investor is that anytime

2:58

I use it , the

3:01

utilization goes up , the credit

3:03

score drops , the inquiries come

3:05

in , that drops my score , and

3:07

so I'm kind of always on this roller coaster

3:09

. What do you say to

3:11

people that are like , man , you're

3:13

talking about getting hundreds of thousands , I

3:16

can't get up to there because I can't ever get my credit

3:18

score that high . How do you kind of combat that

3:20

?

3:20

Man , about 98% of the people

3:23

that come to my program . They are real estate investors , because

3:25

that's the world I'm in , and

3:27

most of them have

3:30

that same exact issue , and the issue is

3:32

that they're using their personal credit for their

3:34

business . That is number one , taboo

3:36

. Number one taboo why

3:38

? Because , of course , the utilization on

3:40

personal credit lowers your

3:42

score . It's 30% of your overall score

3:44

factor and if you're using 30%

3:46

or more of it , you're going to see your scores drop drastically

3:49

. And that's why we only

3:51

use personal credit for personal . We

3:53

use business credit for business . Business

3:56

credit is scored based off of one thing

3:58

, that's , on-time payments . They don't

4:00

care if you max out your cards or anything . That

4:02

balance and nothing will report

4:04

to personal other than on-time

4:07

payments . So , unless you

4:09

default on your business credit cards , they won't

4:11

know it's there , unless you're applying

4:13

Right when you apply , there are some that will report

4:16

a hard inquiry , but

4:18

that's simple . We're able to remove those in 24

4:20

hours . Therefore , it's ghost

4:22

, never there .

4:24

So when you talk about the difference between personal

4:26

and business credit , for

4:28

example , several of my entities

4:30

have been in existence for 10 , 15

4:33

years . Okay

4:36

, how do I use those businesses

4:38

to get these credit cards that you're talking about

4:40

? Because every time I've ever

4:43

tried to go on and apply for one of

4:45

those , they still want me

4:47

as a personal guarantor . It's still hitting my

4:49

personal credit . So is there truly

4:51

just like , for example , titanium

4:53

investments ? That's one of my biggest

4:55

, longest term LLCs

4:59

? Can it stand on its own without

5:01

RJ Bates ?

5:03

Yes , eventually . Right , when

5:05

you're first starting a business , you'll

5:07

have to personally guarantee

5:10

it more times than not . But

5:12

there are systems where you can

5:14

apply for credit without a personal guarantee

5:16

at all , like with Amex . Those requirements

5:18

are are you at least doing $8 million

5:20

a year ? Right , and that's the difference from

5:22

business credit and corporate credit . Right

5:25

, Me and you applying for something versus

5:28

Walmart applying for something . There's a big difference

5:30

. You're not going to see this . You're not going to see Jeff

5:32

Bezos with Amazon personally guaranteeing

5:34

a credit card or a line of credit . Right , and

5:37

that's the difference between , like , corporate credit and business

5:39

credit , where you and I , we have to personally

5:41

guarantee most things , but that's okay

5:43

as long as we're not planning on defaulting .

5:46

Gotcha . So the

5:49

limit there is , where we stop

5:51

personally guaranteeing , is 8 million

5:53

a year in revenue . That's kind of the shift

5:56

, that's the MX , yeah , gotcha

5:58

. And so when we're utilizing

6:00

our personal credit there , we

6:03

can still go out , we can still get business credit

6:05

cards , but it's still going to have that personal

6:07

guarantee . But does

6:10

that build your business credit score

6:12

or does it not really matter ? So that's

6:14

where it doesn't .

6:16

And this is where a lot of people think hey , yes

6:18

, I have a Chase Inc business

6:20

card , I have business credit . Well , no

6:23

, you have a business credit card , not an

6:25

actual credit score . Right , where

6:27

you have personal credit score , you also have

6:29

a business credit score . And in order to establish

6:31

that , you actually have to set up a Dun Bradstreet profile

6:34

, an Experian business profile

6:36

, and then establish that credit by

6:38

adding trade lines right , trade lines

6:40

that specifically report to Dun

6:42

Bradstreet , experian and

6:45

Equifax , the business bureaus

6:47

. If you don't

6:49

have trade lines that add

6:51

to those and report to those , then

6:53

you will not have a score at all . Gotcha

6:56

.

6:57

So let's talk to the newer wholesalers

6:59

. That get in , because I think these are the people that probably

7:02

need this the most . They get

7:04

in because I think these are the people that probably need

7:06

this the most . Where

7:09

do you kind of point them and say like , for example , say they

7:11

just need like five to $10,000 so they can get

7:13

started with marketing ? What's the best direction

7:16

for them to head ? Is it immediately goes , get

7:18

specific types of credit cards , or what's

7:20

your recommendation there ?

7:22

Yeah . So when we're looking

7:24

at a business owner or a real estate investor , we

7:26

always start with the very first pillar

7:28

you , the business owner . You

7:31

have to be credible . Why ? Because in the beginning

7:33

you're going to have to personally guarantee everything . So

7:35

we want to make sure you , rj , you're credible

7:37

enough . So we'll look at your personal credit . Are

7:39

you at 740 plus ? If not

7:42

, we'll do what we need to do to tweak that

7:44

. We'll show you how to get there Removing

7:46

anything negative like collections , late

7:48

payments , anything like that . We specialize in the five-day

7:50

credit sweep , so removing everything negative

7:53

in literally less than five days and

7:55

then adding anything positive , such as , like

7:57

credit card history , anything that would boost

8:00

your scores after removing the negatives . Now

8:02

, once you , the owner , are where you're at

8:04

740

8:10

plus is like where we want to see you guys . That's when it's time to start establishing

8:12

a true business credit score in 80 Paydex . All you need is three trade lines reporting

8:14

to Dun Brad Street to establish a perfect 80

8:16

Paydex score . Now , once you have that , we're

8:18

able to leverage both of those . And then

8:20

it's focusing on relationships

8:23

right With top tier banks like Chase , us Bank

8:25

, bank of America , so on and so forth they

8:27

prefer to have a relationship with you

8:29

. Before you go , ask for

8:31

$100,000 zero percent interest card . They

8:33

want to know who you are Right , so

8:35

we help people establish those relationships

8:38

and then dial in the data points of this

8:40

is the exact card you're going to apply for . This is the exact card you're going

8:42

to apply for how , when , why

8:44

and where , and even what to put on the applications

8:46

in order to get approved for X amount

8:48

of dollars . Boom , you

8:50

just got your first credit card . There's a lot

8:52

that comes before just shotgunning

8:55

a bunch of applications , because

9:01

us we want people to have less cards , higher limits , nice

9:03

See , that's something that I didn't

9:05

know early on

9:07

.

9:07

I went out and thought you know , hey , I need to

9:09

establish my credit score . You know

9:11

, in my early 20s , I always talk

9:14

about this . Uh , we , we have a show

9:16

that we do every thursday , called pardon the disruption

9:18

, and when we talk about

9:20

, uh , what's happening in amer

9:23

, I always talk about financial literacy and

9:25

it's like , dude , you

9:27

can't drink a beer , but

9:29

you can go get a credit card . Right

9:32

, that's stupid , you know . It's like you're

9:34

19 years old , you show

9:36

up at a college campus and you're

9:38

bamboozled by outside of the

9:40

dorm rooms where it's like would you like to sign

9:42

up with Capital One ? Would you like to sign up with Citi ? Would you like to sign

9:44

up with Capital One ? Would you like to sign up with City ? Would you like to sign up ? I got all

9:46

of them , you know . And then it's just

9:48

the running joke was I spent

9:51

$5,000 on Taco Bueno burritos

9:53

my freshman year because

9:55

it was just like that's what I was eating off of

9:57

. You know , right , right , but

9:59

you're talking about 740

10:02

. Why is that the metric that you guys

10:04

set on the credit score there ?

10:10

Because 740 to 800 , anything above 800 is just

10:12

bragging rights . There's tiers to credit . 720

10:16

to 740 , that's great credit

10:18

. You're going to get approved for everything

10:20

, but you're going to start seeing higher

10:22

interest rates . Anything above 740

10:24

to 780 , upwards

10:26

to 850 . There's really not much

10:29

of a difference other

10:31

than bragging rights . Right , that's 740

10:34

. Plus is when you get approved for everything at the lowest

10:36

interest rates .

10:37

Yeah , I'm pretty sure everybody that

10:40

has an 850 credit score at some

10:42

point in time has taken a screenshot

10:44

of it and posted it on Facebook or Instagram

10:46

. That's pretty

10:48

much it . And then , of course , you've got everyone that

10:50

comes in with the comments saying oh , so you just don't

10:52

use your credit .

10:54

Right .

10:54

You know that's pretty much the running

10:56

thing on social media . So , 740

10:59

, you talk about building the relationship with

11:01

these banks . How long

11:03

does it take to establish a relationship with , say , like

11:05

, a Chase Bank ?

11:06

So really it's just opening

11:08

up a personal account , a business account or

11:11

having a personal credit card with them , as

11:13

long as they know who , you are right

11:15

. And then what we suggest is at least

11:17

opening up a personal and business account , putting

11:19

at least 5,000 liquid in the bank , letting

11:22

it sit for two weeks and then

11:24

applying through a relationship manager

11:26

, right ? So if you are a business owner

11:28

, you can meet

11:30

with a business relationship manager at banks like Chase

11:32

Bank , and the difference is

11:35

when you're applying through them , you get to request

11:37

your credit limits . If you didn't

11:39

apply through them , you're just getting hit with

11:41

a random algorithm . You're just another person applying

11:43

, right . You don't get a choice of

11:46

how much you want . So when

11:48

you follow the process and say , hey , Mr

11:50

Relationship Manager , I'm

11:52

projected to do $3 million this year in

11:54

my wholesale business . I

11:57

plan on racking up

11:59

$50,000 in PPC marketing

12:02

expenses . I'm interested in your

12:04

Chase Inc Preferred card . I'm

12:06

going to be spending around $50,000 a month , so

12:09

I'd like to request at least $80,000

12:11

on this card . Now you have

12:13

a relationship manager referring

12:15

you to the underwriters in Chase Bank

12:17

, versus just applying online

12:19

and seeing what you get .

12:22

Now let's talk to the people that are probably

12:25

I mean , I would assume

12:27

the vast majority of people listening

12:29

to this are somewhat irresponsible when

12:31

it comes to credit . Okay , I mean

12:34

, I think that's proven that there

12:36

was a stat that we had the other day what is

12:38

it ? It's like 1.1 or 1.3

12:41

trillion dollars in like

12:43

consumer debt . I mean

12:45

it's ridiculous . I mean it's an astronomical

12:48

number . So

12:50

what are you recommending ? Like

12:52

, if I go spend 20 grand

12:55

this month , am I supposed

12:57

to pay off all 20 grand of that next

12:59

month ?

13:00

It depends on the credit card , right ? And this

13:02

is why it's important to understand

13:05

who's going through my program , because

13:07

I will have a conversation with every single person

13:09

who comes in here . So I understand your situation

13:11

, your spending habits , what exactly it is

13:14

you're spending the credit for and what you need it for . Right

13:16

, and that can . That

13:18

tells me what type of

13:20

credit card you need , right . So , like RJ

13:22

, right , you've got several businesses

13:24

. If you

13:26

are more focused on getting

13:29

the rewards versus not being able to pay

13:31

it off every single month , I would

13:33

say , hey , go out and get the Amex Gold card

13:35

, use that for marketing , because you're going

13:37

to get 4X points on your PPC , facebook

13:39

, any sort of marketing spend , right . But

13:42

the MX Gold is a charge card , so you have to pay that

13:44

off every single month , versus someone

13:47

just starting brand new . I would say , hey

13:49

, go out and get the Chase Inc Preferred

13:51

card . You're going to get 3X rewards on

13:53

PPC and marketing spend , but

13:55

there is interest . It's not 0% interest

13:58

. So you know what , since you're starting

14:00

brand new , go get the Chase Inc

14:02

Unlimited card . It's a 0%

14:04

interest for 12 months . We

14:06

know that the average wholesale turnaround from

14:08

day one to marketing is , on average ? What

14:11

? 90 days , three months ? So

14:13

if you're starting out PPC . I think

14:15

I started out at $10,000 a month . Great , you

14:17

just spent $30,000 . Maybe add another

14:19

$5,000 . So you're at $45,000

14:21

spent by the time your first deal closes

14:24

. Great , that's on a 0%

14:26

interest card , meaning you only have a 1%

14:28

minimum payment due every single month

14:30

, 1% payment . So

14:33

basically , the 0% interest card is buying

14:35

you time to be able to generate revenue

14:37

to pay that off . Versus a charge card like the Amex where it's like , hey , I have to spend $15,000

14:39

a month and pay that off . Versus a charge card like the Amex where it's like , hey , I have to spend $15,000

14:42

a month and pay that off every single month . Therefore

14:44

, it defeats the purpose of having a

14:47

credit card to buy you time .

14:50

So you talked about charge there and I

14:52

saw one of your reels recently where you

14:54

were explaining the difference . So break that

14:56

down for people , the difference between a charge and a

14:58

credit card , because I think

15:01

a lot of people know about American Express

15:03

, right , but there's other charge cards

15:05

out there , right ? I mean , that's not the only one

15:07

and what's the main difference there ? So

15:10

a charge ?

15:10

card is more so

15:12

someone that spends a lot . So

15:15

there's not really a limit . They

15:17

say they're unlimited . It's not true . There's always

15:19

a preset limit there that they

15:21

will not let you pass . But with a

15:23

charge card it's like a muscle the

15:26

more you use it , the more it grows . Right

15:28

? I have people spending seven figures a month

15:30

on these charge cards there

15:32

, but they have to pay them off every single month

15:34

or else they're going to get hit with like 28 percent

15:36

interest versus yeah

15:39

, it's insane . Versus a credit card , like

15:42

a Chase , a Capital One

15:44

, your basic credit cards . You have

15:46

a limit and you cannot go over that limit

15:48

. You can use whatever you want in between

15:51

that limit , but the difference is you can

15:53

pay that off over time . The charge

15:55

cards you have to pay off every month

15:59

.

15:59

For the newer people you

16:02

recommend hey , we need to go out and get

16:04

the 0% interest , because that's essentially

16:06

buying you the time you're not getting killed with interest

16:08

and that's truly using someone

16:10

else's money to get started right

16:14

like

16:18

from hey . I'm

16:20

doing this because I'm buying myself time

16:22

to now . I

16:24

want to start building rewards for

16:27

the rest of my life where I'm getting cash back

16:29

or travel rewards or something like that . I mean

16:31

, what is kind of the turning point that

16:33

you tell people when they should actually make that transition

16:35

?

16:36

It's really based off of income , right

16:38

, if you're comfortable paying off your charge cards

16:41

every single month . And , like me , I'm

16:43

only after one thing I have over seven

16:45

figures in available credit . I don't need the

16:48

credit , but what I'm after is the rewards

16:50

. So , therefore , I'm going to

16:52

go after cards and utilize the cards

16:54

that are going to reward

16:56

me the most , and even if that's cost

16:59

paying it off every single month because it's a charge

17:01

card like the MX Gold or the MX

17:03

Platinum or the

17:06

Capital One Venture X card

17:08

, these charge cards are going to reward

17:10

me the most as far as rewards

17:12

and I have to pay them off every month

17:14

. But that's okay because that's my goal versus

17:17

someone just starting off . They need to buy

17:19

time . They shouldn't go after those cards . So

17:21

it's really based off of income Whenever you're comfortable

17:24

with paying off the

17:26

cards every single month and you're

17:28

just focusing on the points .

17:31

So you talked about . At the beginning

17:33

you said card stacking . Now

17:36

, I'm familiar with list stacking on the

17:38

real estate side of things , but card stacking

17:40

I'm like , all right , talk

17:43

to me . What does this mean ? What is this

17:45

hack you're talking about here ?

17:46

So credit stacking is just simply stacking

17:49

a big list of credit cards together , right

17:51

? And I guess , to dive in

17:53

deeper to that , it's more so . Just being

17:56

able to apply for five to 10

17:58

credit cards at once and getting them all at once

18:00

, right , really build an entire

18:02

stack of credit cards in a very strategic

18:05

order .

18:07

So what is the when you say a

18:09

very strategic order ? What

18:11

is it that I'm trying to accomplish there ? Cause , like

18:13

, for example , if my

18:15

, my credit score is sitting in the mid seven

18:18

hundreds right now , okay , so

18:20

if I

18:22

were to come to you and then say , hey , let's

18:24

, is that ? Am

18:27

I a candidate to go do something like

18:29

that ? If I already have like four or five credit

18:31

cards , is that beneficial to me ? Or is it like

18:33

no , you already have enough , you shouldn't have to do

18:35

that it can be beneficial

18:37

um depending on your goals

18:39

, right .

18:40

Do you want to utilize credit more , do

18:42

you want 0% , or do you want to travel

18:44

for free ?

18:45

Yeah , bro , I want to go to Norway for a month , okay

18:48

. We're

18:50

going to get to that in a second okay .

18:52

Absolutely . So yeah , in that case , I would see

18:54

what you have now and then see what you would

18:56

need . I'd also connect the dots on

18:58

what it is that you're spending the most on and

19:01

replace your checking account with

19:03

a credit card that's going to reward you for

19:06

those spending . And yeah

19:08

, you are a candidate , because there's thousands

19:11

and thousands of different credit cards out there . I

19:14

personally have , I think , over 60 now

19:16

. All have served different

19:19

purposes . Some are completely useless , right

19:21

. Some are 0%

19:23

and I'll never use them again once they run out of

19:25

0% , but there's so many more . It

19:28

just all depends on what it is that you want . Do you want

19:30

to travel ? Great , we're going to go after these , okay

19:33

. Now what are you going to use them for ? Okay , great , we're going

19:35

to go after travel cards

19:37

that reward you the most for what you're already

19:39

spending , all right

19:41

.

19:41

So I got . This is a personal question

19:43

, so for everyone listening , I'm sorry , this is

19:46

just for me . There's a titanium

19:48

credit card that exists , right

19:50

, is it good ? And I

19:52

just want it because everything I do is called

19:54

titanium , so I really just

19:56

want to walk in with a thing that has my

19:58

company's name at the

20:00

top . Is that a good card

20:02

, or is it not ?

20:04

so that one I mean

20:06

there's platinum , there's palladium , there's titanium

20:09

, there's I mean there's gold plated , there's diamond

20:11

plated , there's so many . I mean

20:13

I think you could go ahead and just

20:15

grab that now , but remember , what reward

20:18

is it going to give you other than it just being like titanium

20:20

? Yeah , we could probably get it , but we

20:22

probably wouldn't use it for anything because

20:24

it's not going to reward you and it's just

20:26

not , that's the problem .

20:28

When I look it up , I'm like I don't really understand what

20:30

I'm getting for this . Yeah , it

20:33

just says titanium on it , right , all

20:35

right . So you just spent a month

20:38

in Norway with Robert Winsley

20:40

from InvestorLift and I believe you

20:42

did all that off of your credit card points

20:44

, right , yeah ? So how

20:46

long did that take and how

20:48

realistic is it that people can do

20:50

that where they're literally traveling to

20:53

Europe for a month off of credit

20:56

card points ?

20:57

Yeah . So a lot of people think it's impossible

20:59

and that they have to spend a lot

21:02

of money in order to get

21:04

those rewards , but it's

21:06

not that hard . So I'm going to kind of rewind

21:09

. So we do

21:11

two month long trips per

21:13

year and cash

21:16

value is at least one hundred

21:18

thousand dollars a year in travel

21:21

. And so 2023

21:23

, we paid less than 2,500

21:25

bucks , yeah

21:27

, and the cash value was around

21:30

$98,000 . So

21:32

we did New Zealand , Fiji

21:35

, Mexico , Norway all

21:38

about two and a half months , total

21:40

, 100% credit

21:43

cards . And you do not have

21:45

yes , of course , you know we're spending $30,000

21:48

a month in PPC . You

21:50

know multiple companies , but you

21:52

do not have to own

21:54

multiple businesses to be able to rack up that many points

21:57

. It's just more so , optimizing the

21:59

spin that you're already doing and using

22:01

the right cards that reward you with that

22:03

. So that goes back to how

22:05

I said what is it that you want

22:07

? How do you want rewarded ? Do you want travel rewards

22:10

? Okay , we

22:12

know that's our end goal . Well , what are you

22:14

spending right now , where you don't have to change anything

22:16

? Ppc , what ? $30,000 , $40,000

22:19

a month ? Great , You're going to use these two

22:21

cards , right , those two cards

22:23

right there . You're going to be traveling forever

22:26

for free , right man

22:30

? There's Nick Perry , all right , Good friend

22:32

of mine Just got back from

22:34

a month-long trip , 100% credit

22:36

card points . So really let's

22:40

run it back to beginners . There

22:43

are signup bonus rewards on

22:45

credit cards where , for example

22:47

, the Amex Platinum 160,000

22:50

points , the Amex Gold , another 80,000

22:52

points if you spend , you know , 15,000

22:55

on the Platinum , 8,000 on the Gold

22:58

right , so you're spending less than

23:00

$25,000 , but

23:02

with that you can optimize that and

23:04

you can get at least

23:07

30 to $50,000 in free

23:09

travel out of that and it's

23:11

just like moving things around

23:13

and knowing it . You

23:15

know another friend of mine , another investor

23:17

of cartel by Sean Serrani . He

23:20

was just at an event in SoCal with me last weekend

23:22

and he

23:25

was smart , very smart man . He was

23:27

doing math . He's like it's just not mathing , it's

23:29

just not mathing . Can you show me ? So

23:31

I pulled up my program and said , okay , first

23:33

step we're going to do is this

23:36

and this . So backstory

23:38

he has a VA company in Pakistan

23:40

, so he goes there about six times a year and

23:43

he flies business first class and we

23:45

looked it up it's around $7,000 one way

23:47

. So

23:52

he's spending $14,000 there times seven . I'm not a math

23:54

guy . It's about 100 grand , yeah , about 100 grand . So

23:57

he showed me his Amex account . He got 1.2

23:59

million points . And then he showed me his

24:01

Chase account . He's got 900,000 points

24:03

. And he asked well , how much travel

24:05

do you think I can get out of these ? At

24:13

least 150,000 . He said , no way , no way . I'm like , oh yeah . So he's

24:15

like , show me . So I pulled up my program just so he can see . This is the exact process and steps

24:17

that we're going to follow and we're going to do it for you right now

24:19

. So he

24:21

pulled up his Amex account

24:23

to see how many points it

24:25

would take for him to book just one way First

24:28

class 525,000

24:31

points . He's like it's just not math . And man , I'm like

24:33

, okay , let's follow this process . We

24:35

did everything and we found

24:37

flights for 85,000

24:39

points there and back . Wow

24:41

, so with . And I told

24:43

him , without ever changing a

24:45

spending habit that you have right now

24:47

, you don't have to change anything , you will never

24:50

have to pay for another flight again .

24:52

See , that's what I was going to ask you , because I

24:55

feel the same way as he feels . I'm

24:57

like , dude , I've done the

24:59

point thing , you know , and

25:01

I'm like , and then I go to cash them in and I'm

25:03

like this is bullshit , bro , I'm spending

25:05

like a million dollars to get a damn flight

25:07

to Chicago . It ain't

25:10

worth it .

25:12

Robert was doing that as well , and you

25:14

know he's like , yeah , scotty taught

25:17

me how to travel hack . I'm like Robert , that's not

25:19

how you travel hack , brother , you

25:22

gotta transfer those , you gotta move them around , you gotta

25:24

be flexible on the dates . There's things

25:26

to watch out for Transfer

25:28

bonuses to truly like 25

25:30

, 25 or get

25:33

a 25 percent bonus by , you know , just transferring

25:35

them , and so on and so forth . It's

25:37

a lot of chess pieces , right

25:40

, and I don't expect everyone to be an expert

25:42

at this . As long as you know the baseline

25:44

, you can really just

25:46

keep an eye open and leverage

25:49

those points to . I mean , I've

25:51

gotten up to 52 X . That was

25:53

with hotels , right . So

25:55

the way points are valued is

25:57

one point per penny . Okay , how

25:59

do you get one point ? By spending $1

26:02

? Right , so you spend $1 , you get one point

26:04

and that point is worth one penny

26:06

. Well , that's cash back . Now , with

26:08

travel , if you transfer them , you can get upwards

26:10

to $0.08 per point . With

26:13

hotel , the most I've ever gotten was $0.52

26:16

per point .

26:18

That's crazy when you were talking about

26:20

going to Norway or your trips . It says $98,000

26:22

. You spend about $2,500 . What

26:25

are you including in that ? Is that hotels

26:27

, flights , the entertainment

26:30

and the food ? Or are you just including flights and

26:33

hotels ?

26:33

Flights and hotel , anything that could be paid for by

26:35

points . Of course we spent so much

26:38

more money than that . But because

26:40

I so our our Norway

26:42

trip , because people need to

26:45

understand , like true numbers , right

26:47

? So our first class mine

26:49

and Rachel's first class

26:51

flights to Norway were $29,900

26:54

, some some dollars , so $30,000 . Spent

26:57

$101 exactly

26:59

and , like someone's , like , oh

27:01

well , you had to use 800,000 points . Well , no

27:03

, I used 174,000 points

27:06

. So how do you get

27:08

174,000 points ? Well

27:10

, no , I used 174,000 points . So how do you get 174,000

27:13

points ? Well , if you go out and get

27:15

the MX Platinum right now for a business and spend 15,000 in the first three months , you're

27:17

going to have enough points to take a $30,000 flight . You just doubled

27:19

your value

27:22

right ?

27:22

I got a question . I don't travel like

27:24

you . What the hell is a $30,000

27:27

flight ? You know , I

27:30

thought it was you were getting like massages

27:32

and like some steak dinners and some

27:34

shit , weren't you ?

27:35

Boy , the food was good . It should have been private

27:37

, but it's crazy . And that's what blew

27:39

my mind , because I'm like , holy shit , this is a

27:41

$30,000 flight . Why ? Why

27:44

is it 30,000 ? And

27:49

I'm like , wow , there's people out there that pay this and it's cool if you can afford to pay it , but

27:51

it's cool if you can afford to pay it and you don't have to right

27:53

, that's what I'm saying .

27:55

I mean it's one thing , dude

27:58

, I just I'm so frugal

28:00

by nature . Yeah , it's

28:02

like at times , like my son

28:04

he . So this is another reason

28:06

why I'm like all right , he's travel hacks . I

28:09

got to go places all the time . I mean

28:11

this summer , it's like we got Grand Rapids , michigan

28:13

, we got St Louis , we

28:16

got Tampa , we got South

28:19

Carolina . I mean that's just four in one

28:21

month , right , wow ? So I'm

28:24

looking at this , I'm going . I

28:28

don't really need to spend that much money

28:30

on some of these flights , right ? I mean

28:32

it's just like it's a two hour flight . I mean

28:34

, just Right , can

28:36

I get an exit row ? I mean I'm good

28:38

enough with that . It's two hours . I fall asleep , you

28:40

know . Right , thirty thousand dollars for

28:43

a flight . But I mean , I guess , if you're , if you're building

28:45

up , like you said , with one hack

28:47

, it's fifteen thousand dollars

28:49

. I mean that's , that's

28:51

like a light week on

28:53

, like one expense inside of our

28:56

business . Um , it

28:58

makes sense to do that . So , inside of your program

29:00

, are you guys

29:02

walking your

29:04

, your people through how

29:07

to use these points , or is

29:09

it kind of like you're teaching them and then they have

29:11

to go implement it themselves ?

29:13

So we have several

29:15

different ways that we can help people , all at different levels

29:17

. So you know I'm a very

29:19

transparent person . The reason why I created

29:21

this program is because the credit industry

29:24

is susp anyways . So it's like

29:26

okay , and I've spent over six

29:28

figures learning how to do all this in

29:30

multiple different programs and that's why I rebranded

29:33

our program all in credit , because it's

29:35

the only credit program that has everything all

29:37

in one that anybody needs from

29:39

personal credit , business credit , credit stacking , travel hacking

29:41

. So the program teaches

29:44

everything how to do exactly

29:46

what I've been doing for years for

29:48

high level wholesalers and entrepreneurs

29:51

Everything , no

29:53

secrets held back , including our

29:55

travel hacking stuff is . Every

29:58

trip that I take . I record everything

30:00

because people need to know what's going on up

30:02

here . So even me

30:04

just brainstorming , ok , what am

30:06

I going to do ? All right , we're going to Norway , boom

30:08

, boom , boom , boom . And so all that is

30:10

recorded so people can follow the exact

30:13

process . And that's when I pulled up this past

30:15

weekend with Sean said , okay , here's our Norway trip

30:17

. First , we're going to go here , we're going to look at here

30:19

. We did it live . Solve

30:21

the problem in less than five minutes , save $100,000

30:25

in five minutes .

30:27

Love it . I , less than five minutes , saved a hundred thousand dollars in five minutes . Love it . I got

30:29

a question . There was uh news that came out and I don't know if they got squashed

30:32

or if it's still going to go through or not , but there was conversations

30:35

about capital , one buying

30:37

, discover for like that I

30:39

think it was like 30 billion or something . Yeah

30:42

, is that good ? I mean

30:45

, personally it kind of feels like that's . It's

30:49

not moving in a good direction for

30:51

us as a

30:53

society when all of a sudden it feels

30:55

like a monopoly . So what are your thoughts about

30:57

that ? Is that good for the credit

30:59

industry ?

31:01

Well , obviously we don't ever want to see something

31:03

monopolized , but

31:05

discover isn't really one that I

31:07

would suggest anyone to get unless they're

31:09

18 , 19 years old trying to build credit

31:11

. Even capital

31:13

one isn't one that I would suggest anyone to

31:16

get unless their primary focus was later

31:18

on down the road on focusing on just getting

31:20

points , you know . So

31:22

those two are

31:24

are really irrelevant to

31:27

like the strategy that we help people with . So

31:30

I I ignore that . But of

31:32

course , the bigger picture . I don't want to

31:34

see three or four primary

31:37

, you know , credit

31:39

card issuers or

31:41

lenders taking over the entire thing , because

31:43

then the

31:45

interest rates are going to kill us , right . But

31:48

there are some things that FCRA that

31:50

are coming out with basically

31:53

saying that they need to lower interest rates

31:55

. That is predatory and stuff like that .

31:58

That was going to be my next question . I mean , do you

32:00

kind of feel like at

32:03

times , specifically with the

32:07

lower requirement of credit

32:09

score credit cards , are

32:11

those interest rates somewhat predatory

32:14

? I mean , dude , I remember

32:16

being 20 , 21 years old and having

32:18

a credit with an interest rate in the mid-20s

32:21

and it's like dude , I'm

32:23

going to be 40 by the time I get this thing

32:25

paid off . Like

32:28

dude , I'm going to be 40 by the time I get this thing paid off . And I didn't know any better because

32:30

there's no education on how to use credit , which I'll get into that

32:32

next . But I mean , what are your thoughts about

32:34

some of these interest rates ? Are they predatory

32:36

and should there be regulations against

32:39

it ?

32:40

Absolutely , absolutely , I

32:42

100% predatory

32:44

. I mean any interest rate above

32:46

15 is just freaking insane , especially

32:48

for like a long term and

32:51

especially without any education right

32:53

, this isn't taught in schools and

32:55

it's frowned upon and the industry is really

32:58

sus . But it's hard to find a trustworthy

33:00

person to have you the client's

33:02

best interest at heart . And

33:04

on top of that is these insane

33:06

28% interest credit

33:09

cards Like that's how they make their money . They

33:12

are prying on us to

33:14

not pay those credit

33:16

cards off every month , so that way

33:19

they're making their money off the interest rates . Simple

33:21

, simple . So there

33:23

are some whispers going

33:26

around that it is predatory and they're

33:28

working on something to move that

33:30

.

33:31

And then on the education side . It's funny

33:33

. You're basically in two industries

33:35

where there's like zero education , real

33:38

credit , right , and obviously I'm big on educating

33:41

in the real estate space . I'm

33:43

big on educating in the

33:45

real estate space . I

33:47

feel like it's almost

33:49

criminal in the fact that our

33:51

education system

33:53

never talks about this

33:55

, where it's like we're not going to talk about

33:57

how you're going to get a home , we're

34:00

not going to teach you anything about getting a

34:02

mortgage and

34:06

oh , we're also not going to talk to you about getting credit cards . Uh , what are your ? First

34:09

of all , why do you think that's the case

34:11

? I mean , is it ? Is

34:13

it so they can capitalize on

34:15

us on the back side where they're taking advantage

34:17

of these 25 interest

34:20

rates ?

34:21

I mean it's kind of crazy that we don't even talk about

34:23

it in schools yeah , yeah , it

34:25

kind of makes you wonder , um , are they

34:27

trying to monopolize it in a way up

34:29

top so far that we can't see

34:31

? Um ? Because I mean , it's

34:33

just so much money and people

34:36

obviously profit based off

34:38

of other people not knowing

34:40

what they know . Right , and is that the credit

34:42

industry ? Is that the real estate industry ? Obviously

34:44

, like you're looking at hedge funds and then top lenders

34:47

and banks , you

34:50

know so it could be that , but

34:52

I don't know .

34:55

I don't know . All I'm saying is is

34:57

as if you watch the news

34:59

and what comes out , specifically since

35:01

the end of 2022 . Yeah

35:04

, right , end

35:09

of 2022 . Yeah , right , in the 2022 , interest

35:11

rates went through the roof and then inflation has become this huge topic where , hey , it's popular

35:13

to go on social media and say you can't afford

35:16

eggs and milk anymore . But

35:18

, by god , you go to a walmart

35:20

or target in the month

35:22

of december and the shelves are

35:25

empty and every single person is

35:27

swiping some city

35:29

credit card , discover capital

35:31

one , some credit card so they

35:33

can get their Christmas gifts

35:35

, I mean , and it's like

35:37

, dude , are they ever

35:39

going to be able to pay that back ? I

35:42

mean , it's like you just watch people spend

35:44

thousands of dollars and you're like , I

35:47

know for a fact you were one of those people that was

35:49

just complaining about the fact that you can't put

35:51

food on your table anymore

35:53

. I think it's crazy

35:55

how that's kind of

35:57

become the norm . In

35:59

reality , it's just that's kind of the world that

36:01

we live in . That's kind of the world that we live in . So

36:04

, as far as educating people , I mean

36:06

, is that part of

36:08

why you're passionate about teaching this subject

36:10

? Is it because you see that there's such a need for

36:12

it .

36:13

Yeah , I

36:19

think the main reason why I'm so passionate about it is it's because it's the only reason why

36:21

I am where I am today . I've told this a few times , but I've been

36:23

on my own , with no influence , since I was

36:25

15 . My parents are

36:27

addicts . My dad went to prison when

36:29

I was 15 , off and on all my life , but

36:32

at that time sophomore

36:34

in high school and I was left alone . But

36:40

I graduated high school and you know it was a roller coaster ride . So I had no financial

36:42

literacy influence , nothing at all . And

36:45

it was like 20 , 2015,

36:48

. I was a really bad motorcycle accident that put

36:50

me I couldn't walk for a year , let

36:53

alone work or anything . I lost everything

36:55

. You know . Blessed to be alive

36:57

, that's for sure . But everything

37:00

else came crashing down . Not that I was like

37:02

well off or anything , I was very poor

37:04

actually . Just a traveling welder in

37:06

Kansas was like well off or anything . I was very poor actually

37:09

, uh , just a traveling welder in

37:11

Kansas . Um

37:14

, and someone approached me about getting invested into real estate and getting

37:17

into development in in South Texas and , um , I wanted

37:19

to get in on it cause . I watched my stepdad

37:21

uh develop custom homes all over

37:23

the country . Uh , delwetet , he developed

37:25

Summerlin , las Vegas , sun City , phoenix

37:28

, hilton Head Island . So I loved

37:31

real estate but didn't know how to get in . And

37:34

then a friend approached me and said hey , we're going to do some developments down

37:36

in South Texas . I'd love to have you involved . You

37:38

need to repair your credit from your motorcycle accident . And

37:41

then I got ripped

37:43

off and scammed . I sold my very

37:46

last gun . I remember I had to

37:48

sell everything because I couldn't work . Sold

37:50

my very last gun and I lived

37:52

out in the country . So guns we all

37:54

have guns , right . So I sold

37:56

my very last gun to pay for this credit repair

37:58

and I got ripped off . He didn't do anything

38:01

, but I don't have that like victim . Oh

38:03

shit , I guess I'm not meant for this mentality . So

38:07

I figured it out , went

38:09

to YouTube University and this is around the same

38:11

time I was studying wholesaling , back

38:13

when Max Maxwell and Cody Sperber was all

38:15

over YouTube . So that's that's . I

38:17

was kind of mending both . Okay , well , I want

38:19

to do this , but I need to do this first , graduated

38:24

from YouTube University , sent out my own

38:26

disputes and I deleted

38:28

tens of thousands of dollars in medical

38:30

collections in the first month . So

38:33

I text the guy and I said hey

38:35

, I just did this and it resulted in this

38:37

You're the expert . What do I do next ? He

38:40

said if you think what you did is the reason

38:42

, then maybe you should go start your own company . Since

38:46

then I've helped over a thousand people

38:48

dude

39:00

.

39:00

that's awesome . I , I love it . Listen , bro , sometimes

39:02

it takes that one sentence from some asshole out there . Um , and

39:04

my story was I was a general manager

39:06

at pizza hut . I dedicated

39:09

my first eight years , from 18

39:11

until I was 26 , at

39:14

Pizza Hut and I didn't even

39:16

know why I was working at Pizza Hut . I knew I could do a

39:18

lot more with my life than just Pizza Hut

39:20

. And when that guy from

39:22

corporate came into my restaurant and he

39:24

said , after walking my restaurant , we

39:27

should have never promoted you . You're nothing but

39:29

an over-glorified shift manager I

39:32

never went back , bro . I literally walked

39:34

out the door . They never saw me again

39:36

and I'll never forget it . It's like I

39:38

look back and it's like I

39:42

thought I was nothing but an over-glorified shift manager . And it's like someone

39:45

asked the other day we were at

39:47

a mastermind . They said raise your hand if you've helped create

39:49

a millionaire , not yourself

39:51

. Has

39:54

someone else become a millionaire ? Because it's something that you taught and

39:56

I probably was able to raise my hand where

39:58

I know several people that

40:01

I know I mean there's people I'm sure that

40:03

I don't know Same thing with you and your content

40:05

. You know , bro , who knows how many people's

40:07

lives you've changed just was like a

40:09

reel that you made or a video that you put

40:11

out there and they went and they did

40:13

it , and then they don't even , might not

40:16

even give you credit for it , but they use that

40:18

to go get a lead and

40:20

then that lead turned into a $15,000

40:22

wholesale fee and then that $15,000

40:25

turned into $100,000 . You know

40:27

, I mean , that's incredible

40:29

, man . Um , kudos to you for

40:32

for actually just buckling down and

40:34

not up . A lot of people would have just kind of packed

40:36

it in and said that victim mentality

40:38

like you were talking about and

40:53

invest into my first mentorship program , which was Cody Sperber's , you know , paid 10 grand

40:55

for that .

40:55

And then $1,000 of direct mail , obviously , 2016 , 2017

40:57

, direct mail in Tulsa , oklahoma , and then my very

40:59

first month , I closed $80,000 . And

41:02

it's been a roller coaster ride ever since then . So

41:04

it's like I and credit

41:06

was not my focus , it was just something

41:08

that if people came to me , I'd

41:19

help them because I kind of knew it . I had to , because I had to use it in order to continue

41:21

scaling . And then COVID hit that month . Holy shit , I lost $2.4 million that

41:23

month . $2.4 million , a $2.2 million assignment fee I lost

41:25

because of COVID that month . One

41:27

more month later I'd probably be

41:30

in a different position right now , you know , but

41:32

I'm blessed I didn't close . I wasn't ready for it mentally

41:34

. So there's

41:36

that . And then it's like I went to the cartel

41:39

boss summit in Putakana

41:41

a couple of years ago , why I was

41:43

able to leverage credit linked

41:45

up with Nick Perry , learned PPC , learned

41:47

the nationwide that's right when an investor lift started

41:49

happening . So I was one of the first investor lift users . Boom

41:51

, went nationwide . I'm like , okay , cartel

41:55

Boss Summit , and that's when it really sparked

41:57

. I'm like , wait a minute , there's people

41:59

here , for example , ryan Pineda . He's

42:02

like , Scotty , I

42:07

have this many points , is this a lot ? I'm like , yeah , what do you do with those ? He

42:09

said , oh , I just cash back . I was like , okay , so that's maybe about sixty

42:11

five hundred dollars . It's a lot of money , a

42:13

lot of people . But

42:15

or you could take you and your entire family

42:18

to Bora Bora first class for

42:20

free , stay in an overwater bungalow for

42:22

an entire month for free . What

42:24

are they worth to you ? And then , like David

42:27

Olds , hey , this is just Capital One

42:29

credit card that I'm using . It's all I have . I

42:31

spend a PPC , but it ruins my personal

42:33

credit . And that's when I realized , okay

42:36

, I went to the number one

42:38

wholesaling mastermind in the freaking world

42:40

and my biggest takeaway

42:42

is there's people at this level

42:45

that are not using credit and if

42:47

they are , they're doing it wrong . And that's

42:49

when I decided , oh shit , you

42:51

guys at this level need what I've been using . And that's when I decided , oh shit , you guys

42:53

at this level need what I've been using . And

42:56

that's when I kind of came up with our all-incredible VIP

42:58

program .

42:59

I love it , bro , and what's hilarious

43:01

about that is is a lot of those people that

43:03

you just talked about are

43:06

friends of ours and people that

43:08

we do business with , business

43:16

with and saying almost identical situations . Where you get in a room with someone and you

43:18

have put them up on a pedestal because of social

43:22

media , their success that

43:24

you know that they have , and

43:26

then all of a sudden you start having a conversation

43:28

and then they open up to you about hey , I have

43:31

a need . And it's the same

43:33

thing like Like Ryan came to us and said

43:35

we've always been

43:37

Vegas . Now all of a

43:39

sudden , we're doing this PPC , we're doing it all across

43:41

the country . Well , in

43:43

Vegas we would just drive to the house and

43:45

close them right there in the living

43:47

room . He's like we can't do that in Detroit . He's

43:50

like we don't know how to close over the phone . Can

43:54

you can't do that in Detroit . He's like we don't know how to close over the phone . Can

43:56

you come hang out with us for a couple days that each our guys had to close over the phone and literally

43:58

in just a couple of hours of working

44:00

with them , they were already closers . It

44:03

was just a few little tweaks . Same

44:05

thing with what you're talking about . It's like they were

44:07

already spending the money right . They already had

44:09

the the free trip for a month to Bora

44:11

Bora .

44:12

Yeah , exactly , he didn't even know it

44:14

.

44:15

You know , it's the same thing . They knew how to close , they just

44:17

didn't know . A few little tweaks . And

44:19

with that next thing I know I'm getting texts from Ryan

44:21

. He's like dude , we locked up 23 contracts

44:23

last week , boom , it's like

44:26

it's unbelievable , you know . So that's

44:28

one thing I love about being an entrepreneur

44:31

man is just the opportunities

44:33

that come about working with other people

44:35

changing their lives on a skill

44:37

set that you've developed yourself . And a lot of times

44:39

, that skill set , in your case and

44:41

in my case , we just developed

44:44

ourselves because we had to . Our lives depended

44:46

upon it . Right , exactly . And the next thing you

44:48

know , everyone starts going hey , dude , you're

44:50

pretty damn good at this , can

44:53

you teach me ? And it's like , yes , I can

44:56

, I want to . Actually , I'm passionate

44:58

about this . So that's awesome . Man , we're

45:00

definitely going to have to have a conversation about

45:03

how you can come in and help out some

45:05

of the people on titanium university with

45:08

what you got going on . Tell the people how they can

45:10

find out more about your program and where to follow

45:12

you .

45:13

Man , scotty T . You can probably

45:15

search Scotty T on any social media

45:17

YouTube , instagram , tiktok , everything

45:20

. Scotty T usually the first

45:22

one that pulls up If there's not a check mark on it , it's

45:24

not me . Don't message him , don't trust

45:26

him . Scotty

45:31

Tregalis spelled weird , hard to pronounce , but that's where I'm at everywhere

45:33

. Follow me , dm me . I love to provide

45:35

value . Advice

45:38

is free . Let me know how I can help .

45:40

Appreciate you , man . Thank

45:42

you so much for coming in sharing

45:44

about your story and also

45:47

everything that you're doing inside of your business . Guys

45:50

, make sure you like today's video . Give

45:52

Scotty a shout out in the comments , let him know

45:54

what you like most about his story and

45:56

the advice he gave today , and we'll see

45:58

you guys next week on the Titanium

46:00

Vault .