Original subtitles

"Finally a Lesson"

sync & correction by f1nc0 ~ addic7ed.com ~

Titans, it has come to my attention

that you have not been using the new suggestion box.

- Yeah, we are. - All the time.

- "Robin stinks" is not a suggestion. - But it's true.

That doesn't make it a suggestion!

"Consider a daily bath," or, "Wash your clothes more regularly,"

or, "Mouthwash, use it." These are suggestions.

Ah, then those! Those are the suggestions from us.

The whole reason for the suggestion box

is to have a thoughtful way to address the flaws in the Teen Titans.

Fortunately, someone has put a helpful suggestion in here.

- Hmm, that looks like your handwriting. - Well, it's not.

Anonymous has suggested that the leader of the Titans,

Robin, that would be me, should teach more life lessons.

Life lessons? That sounds so inspirational and life-affirming.

Ooh, may I suggest the teaching of the lesson

regarding the value of friendship?

Sorry, dudes, I don't have time for lessons.

I gots to hang out with some cool rollerblading dudes.

You don't wanna learn about friendship with us?

I already know about friendship.

Be friends with cool dudes. Later, lame-os.

Uh, guys? Isn't this destroying property?

I don't wanna get in trouble.

Man, you a nerd if you don't wanna do the graffiti on walls.

Come on, other cool rollerblading dudes. Let's blade out.

- Aww. - You look like you could use the friend.

You guys aren't mad at me for ditching you to hang out

with the cool rollerblading dudes?

Nah, we know how to rollerblade with the punches.

I guess your real friends are the ones who always have your back.

Always.

That was the most boring and obvious scenario in the world.

But at least Beast Boy learned the good lesson.

I'm going to teach you a real lesson.

One that will benefit you for years and years to come.

- Is it the importance of trust? - That cheating is bad?

- That it's okay to be different? - To not hide in

the abandoned refrigerator because you may suffocate?

Those are all garbage lessons!

Except for the refrigerator one. That's good to know.

But those other lessons are all super obvious facts everybody's

already learned. The lesson I'm going to teach you is

how to buy rental property as a long term investment.

Rental property?

You wanna talk to us about buying rental property?

I don't even know what that means.

Rental property is a place that you buy that other people live in.

Oh... I still don't understand.

Actually, that sounds super boring, bro.

Well, it is, but no one else is teaching this valuable information.

Rental property is one of the best ways to build equity.

- Please, what is the equity? - Oh, you wanna jump right in. Great!

Equity is the amount of a property you truly own.

It's the difference between your loan balance

and your property's market value.

If you sold your property and paid off the bank,

the value of your equity is what you'd walk away with.

When you build equity,

you increase the net value of your asset.

One way to do this is by paying off your mortgage...

Whoa, whoa, whoa!

Beastie's right. This sounds super boring.

Yeah, you can't make me build equity!

Those words make me feel weird.

If you will excuse me, I must rest my brain now.

Huh. Okay.

I thought you guys would like to make a lot of money.

- Money? - Why didn't you just say that?

I did. Equity is just another word for money.

Ooh!

It is also another word for the horsies.

Just tell us hows to make that money, bro.

First things first.

We have to find the right rental property to buy,

and I've had my eye on just the place.

- Ooh, the place is the glorious! - It's even got a doorman.

What up, doorman.

Guys, check out these potted plants! So lush.

- We'll take it. - Oh, oh, no.

That's not the property we're looking at. This is.

Ooh, that place looks... rough.

And isn't this the place where bad guys live?

- It don't even have a doorman. - Sure, it does.

Howdy.

Why would we buy the rundown building?

Because where other buyers see a rundown building

with leaky pipes, bugs and Sticky Joe,

I see a chance to build equity.

Oh! He said that money word again!

- I wish to build the equestrian. - Great!

Let's put in a lowball offer and see if they take it.

Hello. Uh-huh. Okay.

Yes. Right.

Good news! Our offer was accepted.

We bought a whole building, yo!

Not yet. We still need to find financing.

Financing? Stop using words that don't make any sense!

Financing is how we're gonna pay for the property.

And, pray, tell, how much is the building?

$500,000.

Are you crazy?!

That is more money than anyone's ever had!

Relax.

The rents from the building will cover most of the cost.

We just need 20% down, so...

$100,000.

Are you crazy?!

That is more money than anyone's ever had!

Yes, saving that kind of money

will require hard work and effort.

Or, we can do what everyone else does.

Ask someone who's already put in the hard work and effort.

Hello, Batman?

Uh, I'm going to need some money to build a crime fighting lab.

20% down!

Yeah, 20%. Yeah, 20%.

Put it down, put it down, put it down!

- Let it fly! - Do not let your down payment fly!

Robin, there is something I do not understand.

How do we purchase the property with only 20% of the price?

The rest will come from a bank loan.

Aww! I thought the boring part was over!

It's all boring, but fun at the same time.

But mostly boring.

Now, let's get into the nitty-gritty of the loan process.

The first thing we're going to have to consider is our credit score.

A credit score is measure of one's credit worthiness.

Blah, blah, blah, blah, blah.

Blah, blah, blah, blah.

Blah, blah, blah, blah, blah.

Those words be making our heads hurt, yo.

I never said this would be easy.

I'm trying to help you make a great investment.

Oh, this important info like a hammer to the skull!

I know something that will hurt even more

than this important information.

The boring info still hurts more.

Ow! Ow, that hurts!

But not as much as learning about credit scores.

Aw!

Yeah, that hurt more

than having to think about securing the right lender.

Now I would finally rather listen to you, Robin.

Excellent. I know this is a lot of information to take in,

so let's take a break and do something fun.

You said we would be doing the fun activities.

Filling out paperwork is fun.

It's like drawing with words

on a specific line with specific information. Whoo! Hey.

Doesn't my good faith estimate look like a dinosaur? Roar!

Roar!

Ugh, I'm starting to worry this is going nowheres.

Yeah, this had better lead to us fighting someone

or something interesting.

Sadly, no. Today is just important information.

Don't worry. I promise you this will all lead

to a very satisfying end. Very satisfying.

Congratulations, Titans!

We are now the owners of a rental property!

Soon, this place will be making us some good money.

Don't you mean "some good equity"?

- Uh-oh, Titans! It's Brother Blood. - What is his evil scheme?

He has demanded we fix his toilet.

- Tell him to fix it himself! - I can't. He lives here.

So, as landlords, the broken toilet is our responsibility.

- That is so gross, bro. - And if we refuse?

Then he can withhold his rent money.

And we will lose equity.

This, we cannot allow!

Titans, go... maintain the quality of this building!

All this hard work is making me tired, yo.

This is what we call sweat equity.

Ew, I don't want sweaty money.

The damp currency.

Who cares if the cash is wet? We're getting rich!

About that, I've just made a terrible discovery.

The building is rent controlled.

What does that mean?

It means the tenants in this building are paying

below market value for these apartments.

Then let's evict these scoundrels.

That's technically illegal. Renters have rights, unfortunately.

There has to be a way to get rid of these people!

We can't terminate their leases, but maybe they'll leave on their own.

If you know what I mean.

Attention, villains!

The below market rent you are paying is criminal.

Taste the justice of a free market.

Titans, evict!

It is such a shame they decided to do the moving out.

Now we can raise the rents back to market value.

- We're rich! - Well, not yet.

It takes decades to actually build equity,

but in 30 years, it will provide a modest cash flow

to pay for our numerous old people medications.

This looks like a rad place to hang out, blades. Let's move in.

Let it fly!

Hi, I'm Robin of the Teen Titans.

I know we've had a lot of laughs today,

but planning for your future is no joke.

For more information about investing in rental property,

visit your library, or talk to a local realtor.

sync & correction by f1nc0 ~ addic7ed.com ~