Credit Myth-Busting: Credit Card Usage Percentage

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Your credit card usage percentage is NOT the amount of debt you owe.

Usage is a percentage based on the amount of credit you have used compared to the amount available. It is not based on the amount of debt you owe.

Two people with the same job, age, gender, etc., can have the same amount of debt, but their credit scores can be completely different.

How does it work?

How Credit Card Usage Percentage Works

Let’s take these two similar people and break down their credit:

  • They both owe $1,000 on credit cards
  • Person A has a credit limit of $1,200
  • Person B has a credit limit of $5,000

It doesn’t matter that they owe the same amount. What matters is that what they owe in relation to their limit.

So:

  • Person A has a credit usage of 83.33% ($1,000 owe/$1,200 limit)
  • Person B has a credit usage of 20% ($1,000 owe/$5,000 limit)

They owe the same amount, but Person A’s usage of 83.33% will negatively impact their score. Meanwhile, Person B’s 20% credit usage percentage will positively impact their score.

How to Avoid the Risks of a High Credit Usage Percentage

So if you can only use 20% of your credit limit before hurting your score… What’s the point of having a credit card at all?

As a real estate investor, the best way to help your score is move your credit card debt to a business card.

The second helpful step is to call your credit card company and ask them to raise your limits. This one trick will automatically raise your score (and lower your usage percentage!).

Other Credit Tips

Check out these other tips to quickly raise your credit score on our YouTube channel.

Send us an email anytime with questions about your credit and real estate investing loans at Info@TheCashFlowCompany.com.

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What Is Credit Usage? (And Why It Matters)

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Your credit score is key to gaining leverage. But usage is key to your score. So what is credit usage?

In simple terms, usage is the amount you have outstanding on your credit cards (and loans) compared to the maximum credit limit the banks have granted you.

Still confusing? Let’s break down exactly how credit usage works.

What Is Credit Usage?

Let’s look at an example with easy-to-follow numbers: 

  • You have a credit card with a limit of $2,000 and a balance of $1,000. (Aka, you’ve put $1,000 worth of purchases on this card. You’re allowed to put up to $2,000 on it.)
  • This means your credit usage is 50% ($1,000/$2,000). So you’ve borrowed 50% of the amount you’re allowed to borrow.

How Does Usage Impact Credit Score?

The higher your usage, the lower your credit score.

In other words, the higher your balances compared to your available credit, the worse your credit score.

If you put a lot of purchases on a credit card, or take a lot from a HELOC or other line of credit, compared to how much of that credit you can use up, then it will negatively impact your score.

What is the Best Usage for Your Credit Score?

Ideal usage is 20% or less. However, ideal usage is not 0%.

You should always use some credit, but never all. To get ideal usage on our example credit card with a $2,000 limit, you should keep around $400 on the card.

Does Credit Usage Matter to Investors?

Usage is the number one factor that holds back real estate investors from getting affordable loans. That’s because usage makes up 30% of what determines your credit score.

Note: Credit usage is not the only factor in your credit score. 35% of your score is determined by how you make (or do not make) your payments. If you’re paying late, or not making payments at all, then you will not have a good score or find affordable loans.

What Is Credit Usage? – How to Learn More

Concerned about your credit? Want to learn more about your credit score and your investing career?

Check out our YouTube videos about credit.

Send us an email anytime with questions about your credit and real estate investing loans at Info@TheCashFlowCompany.com.

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4 Money Buckets to Fund Your Real Estate Investments

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Need funding for your investments? Here are 4 money buckets to use.

There are 4 buckets of money you can dip into for your “capital stack”:

  1. Secured lines of credit
  2. Secured gap funding
  3. Unsecured lines of credit
  4. OPM

In this post, we’ll give an overview of each type.

Word of Warning Using Credit Money Buckets

Before we get into these 4 money buckets, we want to make one thing clear about financing: You have to pay credit sources back.

Treat your lines of credit like lenders. Treat your business like a business. What’s left over after you pay off your credit is the profit you get to keep for your project.

If you turn the financing for real estate into a personal piggy bank, these sources will only drain your bucket instead of filling it. Poor credit management will tank your investment business.

1. Secured Lines of Credit

Firstly, in volatile markets, the most common starting place to complete your capital stack is secured lines of credit.

The most common secured line of credit is a HELOC. You can take out a HELOC on your personal home, or any of your investment properties.

A HELOC just takes good credit, good income, and owning a piece of real estate. If you meet these criteria, then you can take money from this credit line and drop it into the money bucket for your current project.

2. Secured Gap Funding

Another important bucket for financing real estate is secured gap funding from a private money lender (like The Cash Flow Company).

This is a good option if you:

  • Don’t have the income to qualify for a loan.
  • Don’t have the equity to qualify for a HELOC.
  • But do have a real estate property.

This funding can help cover the down payment, carry costs, or part of the rehab using another property to secure the loan.

3. Unsecured Lines of Credit

The appeal of a 0% line of credit is:

  • You can use it for a down payment or rehab costs.
  • Other types of credit can have rates up to 19-29%. Zero percent is a major advantage.
  • The right credit cards are a great stepping stone to get your first few deals done so you can move on to better forms of financing.

The danger of unsecured credit is:

  • The temptation to use it outside of business expenses.
  • If you don’t pay them off at the end of the project, then you get into trouble fast.

4. The Best of the Money Buckets: Real OPM

Lastly, Other People’s Money is one of the most powerful ways to boost your real estate career.

OPM is money from ordinary people. The biggest real estate investors always have multiple regular people who loan them money for projects. Borrowing in this way is the fastest, easiest, and cheapest way to fill your money bucket.

It may seem impossible to find someone who wants to give you money. But the reality is: people who have cash aren’t getting good returns from banks; they’ll get higher secured returns lending to you.

Want to build your capital stack? Download our free resource on money buckets.

Read the full article here.

Watch the video here:

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Can You Lose Money Investing in Real Estate?

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The numbers game is surprisingly simple… But can you still lose money investing in real estate?

To make a 15% profit on a real estate investment, all you have to do is keep all of a fix-and-flip’s expenses under 85% of the ARV.

But if the numbers are so simple… How can so many people lose money investing in real estate?

Here’s where investing goes wrong: when investors let emotions change the numbers.

How Emotions Lose Money Investing in Real Estate

What happens when someone finds a property and falls in love with it? They may think it’s worth paying 63%.

That in itself isn’t bad. We can still make a more expensive purchase work as long as we take from another category to keep us under 72.5% for the buy and fix and 85% total.

Where people go wrong is that they don’t make these adjustments…

Let’s say they also let the contractor overspend, leaving the rehab at 15%. Between that and a 63% purchase, we’re already well over our 72.5% max for the purchase and rehab.

Where do we end up if we stray from the numbers just a bit in the rest of the categories, too?

  • Purchase – 63% ($189,000)
  • Rehab – 15% ($45,000)
  • Realtor – 5% ($15,000)
  • Cost of Money – 7% ($21,000)
  • Miscellaneous – 5% ($15,000)

In this instance, we’d end up with only a 5% profit, or a measly $15,000 on a $300,000 house.

If we let emotions run away with the numbers, suddenly… Real estate investing is hard. 

Emotional vs Numbers-Based Real Estate Investing

Done right, a property with a $300,000 ARV should easily bring in $45,000. With an average of three fix-and-flip projects a year, that’s a yearly profit of $135,000. Not a bad take-home pay number.

Done wrong, the very same property could slide into a $15,000 or less profit. Multiply these mistakes by three projects in a year, and you’ve only made $45,000 in the same amount of time, for the same amount of work.

Finding a Balance with the Numbers: How Not to Lose Money Investing in Real Estate

The most successful real estate investors get good at manipulating these numbers.

If you have to pay a little bit more for the property, then you have to cut somewhere else.

Maybe you need to partner with a cheaper realtor, or work on your credit score to lower the cost of your leverage. It has to all come back to the numbers, though. Investing on emotion leaves people frustrated and broke.

Profitable real estate investing is a matter of finding a way to get the numbers to fit.

Read the full article here.

Watch the video here:

https://youtu.be/q9d_ZvUUFfM

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How to Get 100% Financing on Real Estate in ANY Market

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Sounds like a gimmick, but it’s true – here’s how to get full financing on any real estate deal.

There’s a trick large developers use to finance their real estate projects all the way to 100%. Does the same strategy work on your real estate investing scale?

Sounds like a pipe dream, especially in a market where the Fed keeps tightening lenders’ funds.

Let’s go over how it’s actually possible. We’ll call the funding you need for your project your “money bucket.” We’ll show you how to fill that bucket with different funding sources just like they do on the biggest development projects.

The Money Buckets: How Financing Real Estate Works

Your money bucket is empty at the start of a project. Its size is determined by the costs. For successful investments, you need to fill up the bucket with money.

The financial term for filling the bucket is a “capital stack.” It’s when an investor stacks one loan on top of another until an entire project is funded to 100%. Let’s go over how to put your capital stack, or “money bucket” together.

How Big Is Your Bucket?

If we’re just starting a deal, then our money bucket is empty. How big is it? AKA, what costs do we need to cover?

There are four main costs in real estate investing:

  • Purchase price
  • Rehab
  • Carry costs
  • Interest payments and other miscellaneous

Financing Real Estate to Fill Your Money Bucket 

We need to see if we can fill our money bucket, so we start looking for other buckets of money to throw in. We begin with the loan from our primary lender.

In a typical market, a real estate investment lender (like hard money) would pay 75% of the ARV of the property. That 75% would cover 90% of the purchase price and 100% of the rehab costs.

With tightened money, however, the underwriting guidelines for this bucket have changed. Almost universally, you’ll see these same lenders only offering 70% of the ARV. This adds up to 80% on the purchase and 100% on the rehab. You’re getting less financing for real estate projects, so you’ll have to bring in more money out-of-pocket for this deal.

That’s not an insignificant amount of money, either. Down payments now, in early 2023, are sometimes double what they were six months ago.

Our money bucket might be around 80-90% full with our lender’s loan. But we have to get it filled to 100% somehow. Where do the funds come from so you can keep buying good properties when deals are getting great?

4 Money Buckets to Use When Financing Real Estate

There are 4 other buckets of money you might be able to dip into to complete your capital stack:

  1. Secured lines of credit
  2. Secured gap funding
  3. Unsecured lines of credit
  4. OPM

Word of Warning Financing Real Estate with Credit

Before we get into these 4 extra money buckets, we want to make one thing clear about financing: You have to pay credit sources back.

Treat your lines of credit like lenders that need to be paid in full at the end of your project. Treat your business like a business. What’s left over after you pay off your credit is the profit you get to keep for your project.

If you turn the financing for real estate into a personal piggy bank, these sources will only drain your bucket instead of filling it. Poor credit management will tank your investment business.

1. Secured Lines of Credit

In volatile markets, the most common starting place to complete your capital stack is secured lines of credit.

The most common secured line of credit is a HELOC. You can take out a HELOC on your personal home, or any of your investment properties.

A HELOC just takes good credit, good income, and owning a piece of real estate. If you meet these criteria, then you can take money from this credit line and drop it into the money bucket for your current project.

2. Secured Gap Funding

Another important bucket for financing real estate is secured gap funding from a private money lender (like The Cash Flow Company).

This is a good option if you:

  • Don’t have the income to qualify for a loan.
  • Don’t have the equity to qualify for a HELOC.
  • But do have a real estate property.

This funding can help cover the down payment, carry costs, or part of the rehab using another property to secure the loan.

3. Unsecured Lines of Credit

The appeal of a 0% line of credit is:

  • You can use it for a down payment or rehab costs.
  • Other types of credit can have rates up to 19-29%. Zero percent is a major advantage.
  • The right credit cards can be a great stepping stone to get your first few deals done so you can move on to better forms of financing.

The danger of unsecured credit is:

  • The temptation to use it outside of business expenses.
  • If you don’t pay them off at the end of the project, then you get into trouble fast.

4. Real OPM

Other People’s Money is one of the most powerful ways to boost your real estate career.

OPM is money from ordinary people. The biggest real estate investors always have multiple regular people who loan them money for projects. Borrowing in this way is the fastest, easiest, and cheapest way to fill your money bucket.

It may seem impossible to find someone who wants to give you money. But the reality is: people who have cash aren’t getting good returns from banks; they’ll get higher secured returns lending to you.

Fill Your Money Bucket with 100% Financing on Real Estate Deals

The market has changed. Your primary loan will leave your money bucket emptier. It takes a little more creativity to fill it up.

The bigger the pool of money you have in any market, the more options you’ll have. Financing makes your real estate investing easier and more profitable.

Want to build your capital stack? We have a free download about money buckets.

If you have any questions about a deal, getting funding, or setting up OPM, email us at Info@TheCashFlowCompany.com.

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How to Fund with OPM in Real Estate

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What’s the power of OPM as real estate gap funding?

It’s rare that one lender will cover 100% of the costs associated with a real estate investment. You’ll need to develop some other sources of funding to fill the gaps.

Most gap funding will determine whether to lend to you based on three things: credit, assets, and experience.

Both the amount of primary funding you’ll receive from your lender and the amount of gap funding you’ll be able to get will be dependent on credit, assets, or experience.

The most powerful source of gap funding, however, involves none of those requirements.

Real OPM as Real Estate Gap Financing

One way to fill that funding gap is by finding real OPM (other people’s money).

This means connecting with individuals who want to make a better return on their money than their bank provides. Lending you the money for your real estate projects can get them that better return.

OPM can be used flexibly for a down payment, carry costs, or construction costs on any real estate project.

Additionally, OPM is one of the cheapest, fastest funding options for real estate investors. It can be a good option if you don’t have great credit, or don’t have many existing assets. With OPM, you don’t need good credit or a property with equity – you can set your lender up with a lien on the property you’re buying.

More Help Setting Up Other People’s Money

We’ve helped with thousands of transactions worth millions of dollars using OPM. You can download our free OPM guide here.

Read the full article here.

Watch the video here:

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Real Estate Investing Math: How to Make a Profitable Deal

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Investing in real estate doesn’t have to be a guessing game. Here’s the real estate investing math that works every time.

Real estate investing is a number puzzle. There are a lot of different metrics and ratios that you need to be aware of, such as credit scores, DSCRs, and more.

However, when it comes to basic fix-and-flips, the most important number to focus on is ”The 85% Rule.”

This rule tells you exactly how to stick to what you know will make you money.

The Numbers to Follow

Every fix and flip property has an “after-repair value,” or ARV, that tells you what the value of the home will be after a rehab.

If you want to make money off your flip, your project’s total expenses must stay under 85% of the property’s ARV.

Specifically, the purchase price and the rehab price combined should cost no more than 72.5% of the ARV.

Following this rule strictly will leave you with at least 15% profit on every real estate investment.

Example of the Real Estate Investing Math

Let’s use an example to show these real estate investing numbers.

Say we found a good property with an ARV of $300,000. Regardless of whether we “love” the property, think we can make a hundred thousand dollars off of it, or any other emotional reaction… Let’s see what the numbers say.

Here’s how much each portion of this project should cost if the ARV is $300,000:

  • Purchase – 60% ($180,000)
  • Rehab – 12.5% ($37,500)
  • Realtor – 4.5% ($13,500)
  • Cost of Money – 5% ($15,000)
  • Miscellaneous – 3% ($9,000)

If the seller can swing the price, and your contractor can quote you a budget within that frame… then this might just be a great investment.

But what if your contractor can’t get the job done for any less than 15%? Does that ruin your chances with this property? Not necessarily, but it does mean that the extra 2.5% has to come off the purchase price. So if you can still buy the property for 57.5%, go for it!

In this example, keeping everything under 85% leaves us a healthy profit margin of 15% – or $45,000.

Read the full article here.

Watch the video here:

https://youtu.be/q9d_ZvUUFfM

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Is Real Estate Investing Hard? Here’s the Main Reason Why People Fail

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People who flop in real estate investing tell horror stories. But is real estate investing hard? Here’s the truth.

Real estate investing is a great way to make money and achieve financial freedom. But it can also be a minefield for those who don’t know what they’re doing.

After helping hundreds of investors over the last 20+ years, we notice that most people who fail at real estate investing share the same struggle…

They invest based on emotions rather than numbers.

They get greedy, or they buy on a gut feeling, or they become fearful they’ll lose all their money. All this leads to delusion about the numbers of a property.

But in reality, is real estate investing hard?

Let’s go over the basic numbers of a fix-and-flip investment to see how simple the math breakdown really is.

Is Real Estate Investing Hard? What Are the Numbers?

Real estate investing is a number puzzle. There are a lot of different metrics and ratios that you need to be aware of, such as credit scores, DSCRs, and more.

However, when it comes to basic fix-and-flips, the most important number to focus on is ”The 85% Rule.”

This rule tells you exactly how to stick to what you know will make you money.

Following the ARV Rules

Every fix and flip property has an “after-repair value,” or ARV, that tells you what the value of the home will be after a rehab.

If you want to make money off your flip, your project’s total expenses must stay under 85% of the property’s ARV.

Specifically, the purchase price and the rehab price combined should cost no more than 72.5% of the ARV.

Following this rule strictly will leave you with at least 15% profit on every real estate investment.

Example of the Real Estate Investing Numbers

Let’s use an example to show these real estate investing numbers.

Say we found a good property with an ARV of $300,000. Regardless of whether we “love” the property, think we can make a hundred thousand dollars off of it, or any other emotional reaction… Let’s see what the numbers say.

Here’s how much each portion of this project should cost if the ARV is $300,000:

  • Purchase – 60% ($180,000)
  • Rehab – 12.5% ($37,500)
  • Realtor – 4.5% ($13,500)
  • Cost of Money – 5% ($15,000)
  • Miscellaneous – 3% ($9,000)

If the seller can swing the price, and your contractor can quote you a budget within that frame… then this might just be a great investment.

But what if your contractor can’t get the job done for any less than 15%? Does that ruin your chances with this property? Not necessarily, but it does mean that the extra 2.5% has to come off the purchase price. So if you can still buy the property for 57.5%, go for it!

In this example, keeping everything under 85% leaves us a healthy profit margin of 15% – or $45,000.

Where Do People Go Wrong in Real Estate Investing?

If the numbers are so simple, why would someone think real estate investing is so hard? How is it possible to mess it up?

Here’s where real estate investing goes wrong: when investors let emotions change the numbers.

How an Emotional Investment Shakes Out

What happens when someone finds a property and falls in love with it? They may think it’s worth paying 63%.

That in itself isn’t bad. We can still make a more expensive purchase work as long as we take from another category to keep us under 72.5% for the buy and fix and 85% total.

Where people go wrong is that they don’t make these adjustments…

Let’s say they also let the contractor overspend, leaving the rehab at 15%. Between that and a 63% purchase, we’re already well over our 72.5% max for the purchase and rehab.

Where do we end up if we stray from the numbers just a bit in the rest of the categories, too?

  • Purchase – 63% ($189,000)
  • Rehab – 15% ($45,000)
  • Realtor – 5% ($15,000)
  • Cost of Money – 7% ($21,000)
  • Miscellaneous – 5% ($15,000)

In this instance, we’d end up with only a 5% profit, or a measly $15,000 on a $300,000 house.

If we let emotions run away with the numbers, suddenly… Real estate investing is hard. 

Emotional vs Numbers-Based Real Estate Investing

Done right, a property with a $300,000 ARV should easily bring in $45,000. With an average of three fix-and-flip projects a year, that’s a yearly profit of $135,000. Not a bad take-home pay number.

Done wrong, the very same property could slide into a $15,000 or less profit. Multiply these mistakes by three projects in a year, and you’ve only made $45,000 in the same amount of time, for the same amount of work.

Finding a Balance with the Numbers

The most successful real estate investors get good at manipulating these numbers.

If you have to pay a little bit more for the property, then you have to cut somewhere else.

Maybe you need to partner with a cheaper realtor, or work on your credit score to lower the cost of your leverage. It has to all come back to the numbers, though. Investing on emotion leaves people frustrated and broke.

Profitable real estate investing is a matter of finding a way to get the numbers to fit.

Numbers vs Feelings: Is Real Estate Investing Hard?

So, is real estate investing hard? It can be, but it doesn’t have to be.

By understanding the numbers and sticking to them, you increase your chances of success. Of course, there will always be some risk involved in any investment, but by focusing on the numbers, you’re making informed decisions and setting yourself up for success.

We’ve seen too many clients come to us with a bad deal and an emotional approach to fixing it. We want to teach you the basics to make sure you don’t suffer the same fate.

Download our free deal analyzer to see if the numbers work on your project.

Send us an email at Info@TheCashFlowCompany.com with any other questions about real estate investing.

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DSCR ratio and interest rates explained

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DSCR ratio and interest rates explained

Today we are going to discuss the DSCR ratio and explain interest rates. Many investors are intimidated by DSCR loans and are unsure as to where to start. However, the main thing that you need to take into consideration is whether or not the property cash flows. This in turn will have a significant impact on the interest rates for you DSCR loan. Let’s take a closer look! 

Calculating a DSCR ratio. 

Let’s go over how to calculate DSCR quickly and understand what it means for your property. The DSCR ratio is found by comparing a property’s income to its expenses. To clarify, the property’s income is the rent that is received for the property. On the other hand, the expenses include the monthly mortgage payment, taxes, insurance, and HOA. A ratio of greater than 1 means the property is cash flowing, which is what both you and your lender want to see. Also, for a DSCR loan, the higher this ratio is, the better the terms your loan will have.

Negative DSCR Loans

Contrary to popular belief, you can still find a DSCR product for negative cash flow properties. However, these loans come at a higher interest rate.To clarify, a negative DSCR loan is used when someone gets stuck with a property they can’t sell. Under these circumstances, having very little income on the property would be better than none at all. This is why it is imperative that you have a cash flowing property from day one! By taking your time and working through the numbers, you can in turn avoid being stuck with a property that is not helping you to move forward.

Knowing your thresholds! 

There are certain thresholds when you calculate DSCR loans. When you break these thresholds, you get a better rate. And better rates mean… more cash flow! Your monthly payments will lower.Let’s go over what some of these thresholds will look like.

Property Income Property Expenses DSCR ratio  Profit  Interest Rate for DSCR
$2,000 $1,590 1.25 25% 7.25%
$1,500 $1,590 .94 9%+

Remember, anytime you can lower the rate, that’s cash flow that goes into your pocket. In this example, the difference between a negative DSCR and a 1.25 is about $220/month on your payment. Over the course of a year, that adds up to $2,600. If you have 5 rental properties, that’s $13,000/year. At 10 rental properties, it’s a $26,000 difference!

Know your numbers to get ahead! 

If real estate investing is going to be your career or retirement plan, buying properties that you know will cash flow is vital. A couple hundred bucks a month can snowball into hundreds of thousands over time.This is why it’s important to know how to calculate DSCR quickly when you’re looking at buying a new property. Never put a contract on a rental property when you’re not sure if the cash flow fits your goals.

How can you calculate a DSCR ratio quickly?

To help keep the numbers straight when you calculate DSCR, you can download our free, simple DSCR calculator at this link.

Watch our most recent video to find out more about: How to calculate a DSCR ratio

If you have any other questions about how to calculate DSCR (or how to get a DSCR loan!), send us an email at Info@TheCashFlowCompany.com.

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DSCR Loan Interest Rates: Explained

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What can you expect to pay on your DSCR loan interest rates? Here’s what it is (and why it matters).

You can still find a DSCR product for ratio 1 or negative cash flow properties.

DSCR loans have certain ratio thresholds. When you break these thresholds, your rate gets better. And better rates mean lower monthly payments. Which means… more cash flow!

Let’s go over some of these thresholds for DSCR loan interest rates.

Loans for a 1.25 DSCR

Say we have a property with $1,590 worth of monthly expenses, which we can charge a $2,000 rent on. Divide the rent by the expenses, and we get a DSCR of about 1.26.

One way of thinking about this is that the property is profiting 25% over the expenses. That’s good for the underwriter (and it’s good for you), so you’ll get a lower interest rate.

1.25 is a major threshold for DSCR lenders. In the current market at the beginning of 2022, the rate for a 1.25 DSCR is around 7.25%.

DSCR Loan Interest Rates for a 1 or Lower Ratio

If a property has negative cash flow, say 0.94, then the average interest rate would be 9+% on a DSCR loan.

For a breakeven ratio of 1, the typical interest rate right now would be more like 7.75%.

The Difference in DSCR Loan Interest Rates

Anytime you can lower the rate, that’s cash flow that goes into your pocket.

The difference between a negative DSCR and a 1.25 is about $220/month on your payment. Over the course of a year, that adds up to $2,600. If you have 5 rental properties, that’s $13,000/year. At 10 rental properties, it’s a $26,000 difference!

If real estate investing is going to be your career or retirement plan, buying properties that you know will cash flow is vital. A couple hundred bucks a month can snowball into hundreds of thousands over time.

This is why it’s important to know how to calculate DSCR quickly when you’re looking at buying a new property. Never put a contract on a rental property when you’re not sure if the cash flow fits your goals.

Read the full article here.

Watch the video here:

https://youtu.be/o5js06y–qM

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