Invested | Life For Sale
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Invested | Life For Sale


>>BEN MALLAH: RIGHT NOW WE’RE IN THE WORST PART OF NEW YORK CITY, FAR ROCKAWAY QUEENS ON BEACH 43RD STREET AND PROBABLY THE LOWEST PLACE YOU COULD F***IN’ PROBABLY IMAGINE TO LIVE. WHEN THE SUN GOES DOWN YOU’RE PROBABLY TAKING YOUR F***IN’ LIFE IN YOUR HANDS JUST BEING OUT HERE. ♪ ♪>BEN: EVERYTHING’S FOR SALE. YOU CAN’T BE EMOTIONALLY ATTACHED TO ANYTHING, ANY ASSETS YOU HAVE. IF YOU BOUGHT SOMETHING AS INVESTMENT AND YOU HAVE AN OPPORTUNITY TO MAKE A PROFIT, YOU TAKE THE PROFIT AND YOU MOVE ON. SMOKE A CIGARETTE. YOU GOT ANYTHING STRONGER THAN A CIGARETTE? I KNOW YOU’RE THE ONLY GUYS IN TOWN THAT GOD GOT THAT SHIT.>NO, I DON’T SMOKE ANYTHING.>BEN: PILLS. I DON’T DO PILLS, SORRY.>NO, ME NEITHER.>BEN: I DON’T DO COKE. I DON’T DO HEROIN. I DON’T TO SPEED. I DON’T EVEN DO ALCOHOL. RUNNING THIS F***ING BUSINESS GETS YOU HIGH ENOUGH. YOU KNOW, YOU GET HIGH OFF OF MAKING MONEY. THAT’S MY HIGH. FLIPPING PROPERTIES, MAKING MONEY, STACKING MILLIONS.>NARRATOR: ONCE A DIRT POOR JEW LIVING IN THE SLUMS OF QUEENS NEW YORK, TODAY A REAL ESTATE INVESTOR, BEN MALLAH HAS TO WORK AGAINST THE CLOCK TO REINVEST PROFITS TO PREVENT THE FALL OF HIS $200 MILLION REAL ESTATE EMPIRE. TO DO THIS BEN SEEKS OUT DISTRESSED HOTELS, APARTMENT BUILDINGS AND SHOPPING CENTERS. THEN BUYS LOW AND SELLS HIGH.>ROWDY: NOTHING SURPRISES ME THAT COMES OUT OF BEN’S MOUTH ANYMORE. LAST YEAR I HAD TWO HEART ATTACKS. A LOT OF THAT WAS DUE TO A LOT OF STRESS OUT ON THE JOB. A LOT OF THE STRESS I FOUND OUT WAS THEIR IDEA OF HAVING FUN.>VINCE: THE PHILOSOPHY OF BEN MALLAH IS BUY, FIX, SELL. NO MATTER WHAT YOU’RE F***ING DOING – BUY, FIX, SELL. HE HAS A ROUGH EXTERIOR BECAUSE OF THE BUSINESS. I MEAN, HE’S A SHARK. HE’S REALLY A SHARK.>BEN: I’M AT THE POINT NOW WHERE IF I CAN’T MAKE A MILLION BUCKS ON A DEAL I CAN’T SPEND ANY TIME ON IT. THIS BOARD RIGHT HERE REPRESENTS OUR ENTIRE EXISTENCE IN THIS WORLD. AND WE’RE NOT MOVING SHIT. WE GOT TIMEFRAMES HERE. YOU KNOW, YOU WANT THE IRS TO COME IN AND TAKE HALF OF WHAT WE GOT? THAT’S WHAT’S GONNA HAPPEN IF WE DON’T GET ON TOP OF THIS SHIT. THE PROBLEM IS, YOU KNOW, ONCE YOU BUY SOMETHING AND SELL IT YOU HAVE TO GO OUT AND BUY SOMETHING ELSE. OTHERWISE, YOU KNOW, YOU HAVE TO PAY TAX. MY CLOCK IS ALWAYS TICKING. I’M ALWAYS OUT THERE BUYING STUFF, SELLING IT, AND TRYING TO FIGHT THAT SIX-MONTH WINDOW OF REPLACING WHAT I SOLD. BECAUSE IF I HAD TO PAY TAX THEY’D GO BACK ALL THE YEARS FROM BACK WHEN I STARTED AND IT WOULD BE A VERY HIGH TAX BILL.>BEN: BUY IT FOR SIX. YOU FIX IT UP, YOU PUT A LITTLE F***IN’ PAINT ON IT. YOU RENT THE APARTMENTS OUT. AND YOU SELL IT FOR EIGHT.>NARRATOR: BEN MAY BE LIVING A RAGS TO RICHES AMERICAN DREAM BUT HE NEVER FORGETS WHERE HE CAME FROM. OF COURSE HE CAN’T DO THIS ALONE. TEAMED WITH HIS SONS, HIS LAWYER AND A CAST OF EX-WRESTLERS…>BEN: HEY! WHOA!>NARRATOR: BEN AIMS TO MAXIMIZE HIS PROFITS WHILE STAYING ONE STEP AHEAD OF THE COMPETITION. ARMED WITH THE WIT OF LARRY DAVID AND THE BUSINESS HUSTLE OF DONALD TRUMP BEN WAKES UP EVERY MORNING ASKING HIMSELF “WHERE’S THE NEXT DEAL? AND WHERE THE HELL ARE MY NEWPORTS?”>BEN: OUR REAL ESTATE AGENT IS GOING TO FLY US DOWN TO THE NEW HOTEL IN BOCA WITH OUR GENERAL MANAGER, SUN HAPPY NOOK. SAY HELLO, HAPPY.>HAPPY: HEY.>BEN: WE’RE GOING TO BOCA BECAUSE THAT’S THE PROMISED LAND. EVERY NEW YORK JEW DREAMS OF GOING TO BOCA. WE BOUGHT 180…>HAPPY: 183.>BEN: 183 SUITES IN BOCA RATON. I’M THE ‘BOCA’ AND HE’S THE ‘RATON’. WE’RE GONNA FIX THAT PUPPY UP. WE BOUGHT IT FOR ABOUT 50 ADORE. WE’LL BE INTO IT FOR ABOUT 60 ADORE. AND IT SHOULD BE WORTH ABOUT 100 ADORE. THAT’S $40,000 TIMES 183. YOU DO THE MATH. WHAT’S THE MATH, HAPPY? HOLY SHIT, THAT’S THE F***ING PLANE?>HAPPY: YEAH.>BEN: HOLY SHIT. I DON’T THINK I CAN FIT IN THAT PLANE BY MYSELF. I THINK MY ROLLS-ROYCE IS BIGGER THAN THAT GODDAMN PLANE. I THOUGHT YOU SAID THIS WAS A NEWER PLANE.>BEN: NEWER PAINT.>YEAH.>BEN: SERIOUSLY, YOU SURE THIS THING CAN MAKE IT ALL THE WAY TO BOCA?>THE WING BALANCE AT 52 GALLONS IS PERFECT.>BEN: ALL RIGHT.>BEN: NO, I WANTED A JET.>IT’S CHEAP THOUGH.>BEN: I WANTED A CHEAP JET.>THERE’S NO SUCH THING AS A CHEAP JET.>BEN: I DIDN’T WANT A FUCKING TOYOTA. ARE YOU KIDDING ME?>YOU’LL MAKE IT, BEN.>BEN: OH MY GOD. GOT YOUR SAFETY DRILL? ♪>BEN: WE GOT REALLY LUCKY TODAY COMING DOWN HERE. REALLY LUCKY. IT WAS WORTH THE ENTIRE TRIP JUST COMING DOWN HERE TO SEE THIS HOTEL. BOCA IS F***IN’ GOLD. THIS IS A DIAMOND IN THE ROUGH. AND THEY’RE ALL SUITES THAT ARE ALREADY LAID OUT LIKE A ONE-BEDROOM. I COULD TURN THIS INTO A VERY HIGH UPSCALE APARTMENT BUILDING. I CAN’T EVEN GET A FLAG. THEY DON’T EVEN HAVE A BRAND NAME ON THIS HOTEL BECAUSE THEY CAN’T. THIS PLACE HAS SEEN ITS ENTIRE LIFE EXPECTANCY AS A HOTEL. NOW WE’RE GONNA COME IN AND WE’RE GONNA MAKE IT INTO APARTMENTS. MAYBE SENIORS. AND THE ROOMS ARE PERFECT. THEY’VE GOT A BEDROOM. THEY’VE GOT A LIVING ROOM. IT’S EVEN GOT A RESTAURANT IN THERE. THIS IS A GOLD MINE. IF I BUY THIS PLACE ANYWHERE BELOW 50 A DOOR I PROBABLY COULD DOUBLE MY MONEY. IF I PAY EIGHT MILLION FOR THIS THING, THIS THING HAS THE POTENTIAL TO BE WORTH $16 MILLION. OKAY. THERE IS A DEFINITE VIBE. THERE COULD BE $7 MILLION TO MAKE IN THIS DEAL RIGHT HERE. AND IT AIN’T THAT HARD, EVEN VINSON CAN DO IT. I’M GONNA TAKE GARBAGE AND TURN IT INTO GOLD. THAT’S WHAT WE’RE GONNA DO. AND WILL PROBABLY MAKE AT LEAST FIVE TO SEVEN MILLION DOLLARS VERY EASILY TO DO IT. IT NEEDS ALL THIS STUFF. THE GUY JUST DIDN’T PUT THE MONEY BACK INTO IT. HE MILKED IT.>VINCE: RIGHT. WELL THEY’RE NOT SUPPOSED TO KNOW THAT WE’RE EVEN LOOKING AT THE PLACE BECAUSE NOBODY KNOWS IT’S FOR SALE. SO CAN WE,UH, MOVE ON OUT?>BEN: WE’RE GONNA WORK ON THIS DEAL FROM HOME AND DO WHATEVER WE CAN TO SWING IT OUR WAY. IT MAY INCLUDE A LITTLE, WHO KNOWS, BACKDOOR DEALING. THIS PLACES A SLAMDUNK.>LET’S DO IT.>VINCE: WHY ARE YOU VIDEOTAPING? THEY’RE NOT EVEN SUPPOSED TO KNOW IT’S FOR SALE..>BEN: WHAT DO YOU THINK THIS TAPE’S GOING TO GO TO ANYBODY?>VINCE: I’M SAYING, THEY’RE LOOKING AT US.>BEN: WHO CARES IF THEY’RE LOOKING AT US? LOOK HOW YOU LOOK. THAT’S WHAT YOU SHOULD WORRY ABOUT.>VINCE: IT’S MY BIRTHDAY. YOU CAN’T…>BEN: OH YEAH, IT’S YOUR BIRTHDAY. I’VE GOT TO BE NICE. I’M SORRY. I’M SORRY. IT’S HIS BIRTHDAY. BIRTHDAY. I’M GONNA BUY YOU A HOTEL FOR YOUR BIRTHDAY.>VINCE: NO, THAT’S A GOOD BIRTHDAY.>BEN: YOU KNOW. YOU DON’T HAVE TO GO BACK TO TAMPA. YOU CAN COME RIGHT HERE IN BOCA NOW. YOU’RE MOVING UP IN THE WORLD.>VINCE: I LIKE TAMPA.>BEN: THERE’S NOT MANY BLACK PEOPLE IN BOCA, LET ME TELL YOU.>NARRATOR: FLIPPING PROPERTIES, MAKING MONEY, AND STACKING MILLIONS. IN THE WORLD OF BEN MALLAH THIS IS HOW HE SURVIVES. RAISED IN THE ROUGHEST NEIGHBORHOODS OF NEW YORK CITY HE FOUGHT HIS WAY UP TO A LIFE OF LUXURY THAT MOST CAN ONLY DREAM ABOUT. HIS AMBITION, HIS CHARISMA AND HIS BIG MOUTH HELPED HIM BECOME ONE OF THE MOST SUCCESSFUL REAL ESTATE DEVELOPERS IN FLORIDA.>BEN: IF YOU WANNA HAVE A BIG MOUTH LIKE I DO, PUT YOUR MONEY WHERE YOUR MOUTH IS. YOU KNOW. SO I RAN AWAY FROM HOME WHEN I WAS ABOUT 12 YEARS OLD BECAUSE I HAD ENOUGH OF IT. PRETTY MUCH SINCE THE AGE OF 12 I’VE BEEN TAKING CARE OF MYSELF. I’VE SLEPT ON TRAINS IN NEW YORK. ESCAPING FROM NEW YORK IS A REAL-LIFE SITUATION. NOT JUST A MOVIE. RIGHT NOW WE’RE IN THE WORST PART OF NEW YORK CITY, FAR ROCKAWAY QUEENS ON BEACH 43RD ST. THE WORST OF THE WORST PEOPLE LIVE ON THIS F***IN’ STREET. PEOPLE THAT COULDN’T LIVE ANYWHERE ELSE IN THIS ENTIRE CITY HAD TO COME TO THIS F***ING HELLHOLE. WHEN THE SUN GOES DOWN YOU’RE PROBABLY TAKING YOUR F***IN’ LIFE IN YOUR HANDS JUST BEING OUT HERE. WE USED TO GO ON OUR PEDAL BOATS AND ROWBOATS OUT HERE. SOMETIMES YOU’D SEE A F***IN’ HEAD TO POP UP OUT OF THE WATER FROM THE DEAD BODIES THEY USED TO THROW IN THE WATER HERE. USED CARS. EVERYTHING. WHEN I WAS A KID I USED TO SIT HERE, I USED TO BE AROUND HERE AND JUST DREAM OF THE DAY I’D GET THE HELL OUT OF THIS F***ING SLUM. AND I JUST KNEW ONE DAY I WOULD GET THE HELL OUT OF HERE SOMEHOW, SOMEWAY. THAT WAS WHERE WAS OUR F***IN’ PLAYGROUND, TOYS. PLAYING IN ABANDONED CARS. THOSE PROJECTS THERE, THE MOST DANGEROUS PLACES I REMEMBER AS A KID. RIGHT BEFORE I WENT IN THE SERVICE I HAD A CHANCE TO WORK FOR SOME INDIVIDUALS IN THE NEIGHBORHOOD OF THE ITALIAN DESCENT. AND THERE’S A LOT OF JEWS, YOU KNOW, THEY GET INVOLVED AND THEY NORMALLY DON’T WANT TO TELL THE ITALIANS WHAT TO DO. YOU THINK THE ITALIANS ARE SMART ENOUGH TO RUN THE MAFIA? IT’S THE JEWS THAT RUN THE MAFIA. I CAN GET IN TROUBLE FOR THAT. THE MAFIA WILL COME AFTER ME. ANYWAY, THIS IS WHERE I GREW UP. THIS LITTLE SHIT BOX PIECE OF SHIT HOLE IN THE WALL. IT’S 540 BEACH 43RD ST. WHERE MOTHER USED TO BEAT THE SHIT OUT OF ME EVERY DAY. IT WAS TOTAL F***IN’ MISERY. I DON’T HAVE ANY GOOD MEMORIES OF IT AT ALL. IT WAS WHERE THE POOREST OF THE POOR LIVED. I THINK WE BETTER GET THE F**K OUTTA HERE NOW. THERE’S PEOPLE LOOKING OUT THEIR WINDOWS AT US. LET’S GET THE F**K OUTTA HERE. ♪

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