Summary

Transcript

My first lamborghini. It was a pretty hard conversation to have with my family. All right, well, welcome to one of the first podcasts that's going to be on this channel. This is mario's idea, so if you don't like it, please write Mario Royalty Exotic Cars. He will then probably respond with some excuses, and then we'll make this podcast better. But for now, the first guest of my podcast, which I don't even have a name for my podcast yet, so if you guys want to chime in and let me know what you think the name is going to be for the podcast, for right now, we use a placeholder called the Podcast.

I like it.

And our first guest is robbie.

Straight and simple, right?

Robbie is my older brother. He's my half brother, so he's not my full brother. So any things that you don't like about him are not from my side of the family, but they're from his side of the family. Okay, that's a good one. I like that they're from your mom's side.

No, it's a crazy story because your father actually hung out with my mom.

More than any other person.

So we're still trying to figure that story out, and maybe we can tell him about that story a little bit.

Yeah, I'll get into it. So, basically, Robbie was born as my cousin, but we did a paternity test, and it turns out that we are half brothers. Nobody in our family actually knows this yet.

Only us.

Only us and all of you guys. So if you know any of our family members, don't tell them, because we're waiting for a couple of them to die off before we break the news, so that doesn't cause any drama. It's a true story, though. It's complicated. But when I told my father that I knew, he responded with not, no, that's not true.

Correct.

He responded, Why would you want to ruin my brother's life? That was his response. And so I didn't even have to do the test, and I figured it all out.

The proof was all in the pudding. I said, Uncle Frank, actually, you're my dad. And he was like, Wait, how do you know.

He does?

Is you're kidding me?

So that's why Robbie is my brother cousin.

My brother cousin.

Yeah, because for a very long time, he was my cousin. So actually, Robbie and I grew up together, and I really never understood the reason why. When I turned 16, my dad bought me a scion xb little milk wagon box truck and bought Robbie my dream mustang the next day. So I always wondered why. And now it all makes sense, because he was compensating for the time he had lost when Robbie was a child and being raised by his uncle father.

There is so much truth to these.

Stories.

And everybody's figuring it out, like the things that you don't hear about what growing up. Houston, we actually had an apartment together. We shared furniture. We had two separate rooms. When I was 15, high school, we actually owned a TV business together. So we were doing installations of TVs and speakers and sound systems, and we started doing that. We started buying cars and building my credit.

It's just crazy.

Like, growing up and he was literally like my little brother. And I knew him more and liked to be around him more than your cousins.

My cousin Robbie has much truth. Six cousins and sisters and one.

This.

Is getting out of hand right now.

But it's all true. And your other step brother. It's a long, dramatic story, but I'm glad that we got to finally air it out, talk to everybody about it. I don't know if you knew that this is what we were bringing on the podcast today.

I didn't even know.

Just opening up the book of family. Cross the secrets.

Correct? Yeah.

But that's where we are today. And now that we're here and you're on the channel, which is great, what do you think? I changed the name of the channel from royalty exotic cars to my personal name houston crosta. I think that's a good choice.

The thing about it is royalty has a big, huge statement. And when you think of royalty, just the other day I was driving, took a picture. I don't know if you've seen it, but it was an air conditioning company. It said royalty AC. And I was like, we could see them. See, that's what I mean.

I own the royalty trademark.

Every time I see like, royalty towing, obviously that's our guy. It's a statement in itself. So when you say it's royalty, I because, yes, I work here, and I know YouTube and instagram and TikTok and just houston's hot chicken of Houston crosta. So now when I think of houston crosta, people already know who you are. So it's a huge statement to change your name. It's very like, wow.

Part of the major reason is because every time I buy a car for myself, like the Aguera or ava or something, people assume I'm going to rent it. And it's starting to kind of like I don't want to say bother me because I don't really care, but I don't want to distract from all the hard work I put into all the other companies that I have and I earn. Royalty doesn't pay for a koenigsegg. Like anybody in the rental car business knows that. There's no money in this business and there's enough money to pay the bills and the salaries, and everybody here maybe get a new car once or twice a year. But all my money is coming from my restaurants and my ancillary businesses that support royalty. So the car wash, the mechanic shop, the car dealership, all those things. And so I feel like royalty is becoming such a major part of my brand that I don't want to distance myself from it. I just want to distance myself from being the only thing that I do.

Correct.

So by being in the name of the channel, it almost defines my lifestyle as royalty. So I feel like when I change it to Houston crosta, it makes more sense. It gives me overall brand equity for growth.

Right.

I mean, Houston's hot chicken is hhc. It's a billion dollar business. I mean, the chicken wars have started maybe 2017, but haven't even gone out of the country. We haven't opened our first store out of the country yet.

Yeah.

And this is we haven't even scratched the surface. I mean, we're talking major, major moves with that business. So my point is, is I just don't want to be defined as royalty. That's what I'm trying to say.

I understand.

It is.

Sometimes I'm sitting behind the desk or doing something, and someone will walk up to me, hey, Robbie, what's up? Seeing you from the channel.

Oh, hey.

Do you guys rent out the koenix sake? You kind of look at somebody like, are you serious?

That's like, honestly, let's just say I think that car is worth probably low force, because the sale that happened with the phoenix right. That was a little more than 5 million. I think that when you really think about it, let's say put the veyron into perspective. The original mensori veyron that I purchased when I was, like, I don't know, 27, 28, something like that, was 1,250,000. I never wanted to rent that car, but I put it on the website because I wanted the marketing value of it.

Right.

I wanted all the journalists to pick it up. So you can rent this car in Vegas now. I would have rented it to someone that wanted to put it on a trade show, never to be driven, like, on public roads by someone else, because that was a really big that's too big of a liability for me, because car gets damaged and insurance company will pay for it. But the amount of time that it would be down, it would be so disadvantageous for me to even take that risk for. And that was, at that time, 25,000 for the day. So we had a few people ask about it, but when you think 1,250,000 for veyron, which there's veyron parts available. I mean, I just rebuilt the galveston flood car. I call it scuba. So when you refer to scuba, that's what I'm talking about. But I just rebuilt scuba, and I got pretty much the entire car from bugatti. I mean, honestly, I replaced at least 80% of that entire car. I mean, the carbon tub is original. Engine block is original. The gearbox is original, but pretty much the turbos and the fuel lines and injectors and air filters and charge pipes, all that stuff is new.

So there was parts available.

Right.

You look at a konig seg at, let's call it 4 million. There's only one non rs koenigsegg in America. And that's my car right there's. Eight rss in America. And the parts are completely different. So how could I even replace something like that? I mean, there's less than 30 agueras that were built worldwide. Where am I going to get these pieces? So what would the value be to rent the car for the day? What would you think? For that car?

Yeah.

It's not possible.

Right?

You can it'd be like $100,000, like a mile.

If someone offered 100,000, if they wanted me to put it inside of a trade show, I would charge them $20,000.

Right.

I would have no problem putting it in a convention center around booth or something like that. But if somebody wanted to come in and rent a car to drive it, I would just say no, there really isn't any anybody. I mean, before julius bought his phoenix, I let him drive my car for him. I trust him with any of my cars. Right, of course. So that would be the only way that anybody else that would drive that car besides me because there's no monetary value. It would just have to be one of my close friends. Or maybe like you just take the car to the car wash or something like that, or down the street to get windows tenant. There's just no way to rent the car to someone else.

Craziest part is that you guys need to understand is when you really fathom what we do, the thing that blows me away about my brother is like, we're not talking just twin turbo viper. I'm not saying it's a background saying it's fire, right? But we're talking koenigsegg. This is out of the realm of anybody's budget. It's very significant to what he drives, and that's a car that I didn't expect. We used to talk about this for years, and then he pulls up in it. Bottom line is we went to go look for it. Now houston separates himself from the norm in the world because first of all, who the hell do you see and answer this damn question? Because everybody wants to know, and you guys can ask the questions, too. Who the hell drives nagara the way you do? And it's the most beautiful car I've ever seen and gets to do what you do in that car. And it's a daily driven car, and we're doing donuts. And you actually drive the car like it's your car, right? You don't just garage it. I've never seen you any of your cars, even if it's the veron, like it was garage, but you actually drive the car and enjoy it.

Why? Well, I guess my dream job was to be the koenigsegg test driver.

We just saw a video about that today.

It was amazing, like ten years ago when the drive or one of the publications went to the Konexe factory, and this 23 year old categories over there just doing 200 miles an hour with the steering wheel like left and right, slam on the brakes, the eyes closed. I was like, wow, that's the job I want in my life. I couldn't get that job because I wasn't qualified.

Right.

I don't live in Sweden and I'm probably not even that good of a driver. So I had to figure out how to buy one to have that.

Right.

So I don't know when I started royalty, I started it because I wanted to build a car business for car guys. The unlimited miles thing wasn't even like just for a backtrack. I'm the first company to offer unlimited miles on a supercar ever. And I didn't do it to edge out my competition. I did it because I thought it was natural. Why would you want to be restricted on these cars? Why would you want to have that anxiety? So the same process is when I bought my first Veyron, why wouldn't I do donuts in the car? It was natural, right? It really was. Why wouldn't I pull the axles out of the front and to see if what it did? Rear wheel drive. To me those types of things just become just normal. They're normal processes in my brain. I never look at a car like, oh my God, that's too expensive, I don't want to drive that or I don't want to touch that. It's relative.

Right.

I'm not saying that I'm super rich, but I purchased the car because I know that A, I can afford it and B that I'm going to drive it with endurance. I'm going to put some real miles on the car.

Exactly.

I literally drove the car 1000 miles in two days.

Iconic sense.

Yeah, well, 1000 miles in two days. And I mean, not saying that I should have or not should have, but the speedometer had a two in front of it multiple times. In safe areas, of course, not any unclosed roads.

And I see a lot of the comments and I'm just letting you understand I'm not trying to back anything up, but he is one of the most safest drivers ever been. And I'm in the passenger seat nine times out of ten. Or Mario. Or Tony. There's really no one else he lets drive in the car with him and me holding the camera. I mean my, my hand is locked and I'm like, oh my gosh. But he doesn't do that stuff on just one going on. One coming on.

What he's saying is I don't drive like edmund.

It's actually impressive. When we go up a hill, you think he would cut over into the lane. He doesn't do that. Yes, when you go around cars, you drive around the car to get into a safer spot. But like I said when I first came here and you invited me when I started working almost three years ago, I used to remember when I used to walk in here and be like, oh, my gosh, that's a gtr. And we started out doing that.

It's how it all started.

Yeah, we can go on this whole podcast and talk about and I can just ask you questions about how we first started because I know the whole story. We were neighbors. And it all started then.

Yeah, actually, Robbie and his ex wife and myself and my wife lived in the same street in a neighborhood here in Vegas. And Robbie saw me starting royalty, and then I sold my house to buy my first lamborghini. It was a pretty hard conversation to have with my family. I remember that story very well. Like, I mean, everybody thought I was an idiot.

My dad had he start he actually bought the first nine dtr. We talked him into it. And he picked me up from the dentist's office. I got my molars taken out, and he pulls up in his car, and I'm like, oh, my gosh, Houston.

He bought it. I don't know if you know the story, but he asked me to find him one in 2008.

Remember that?

And I called every single car dealership in the country, like, 18 year old kid. I mean, I was like, literally the greatest opportunity of my life. At the point wall street, please find me a gtr. I was like, what? You're going to buy that car? No way. And this is brand new. Oh, nine was the first year.

Correct.

There were $68,000 new, something like that. And I swear, I must have called 200 people, and some guy in Colorado, colorado answered the phone and said, yeah, I've got a silver one here. We'll sell it to you for whatever the price was. Twelve? No, it was like $74,000 or something like that.

Okay.

I think it was 68,000 plus the silver was an extra couple of $1,000 color. And then they had, like, the dealer add ons. But it was super cheap compared to what they cost now. Correct. Yeah, then Bob went up there and he just drove it back. But that was my first time I'd ever really like I don't want to say the word brokered because I don't broker cars, but help someone buy a car, found it for him and everything. And I remember sitting in the backseat of that car, like, we're getting dropped off to the Sun Coast. Yeah, he was, like, his favorite spot to gamble. And I remember sitting in the backseat getting out as, like, an 18 year old kid. I was the coolest guy. And the whole casino was like, yeah, I know that guy has that car.

Even if we walked out of the.

Trunk, like, opened it up, that was the greatest car on the planet Earth at the time.

You remember how it really actually first started? Obviously, you know, the ferraris and all that stuff. But it started in four or I'm sorry. Yeah, four.

Correct.

Or was it three when it was.

2003 with the 2003 cobra.

Correct.

Because we had the first one, like, literally 52 miles on it. Pulls up in front of none.

Also silver drives it up.

Mean, you come outside and we're like.

Oh, my god, he took us up.

That street, sun city.

Or I was sitting in the back and hearing that supercharger wine. Oh, man, that's the defining moment. I mean, actually, the real moment for me to light cars was when I looked at a Ferrari book that he had, like a Ferrari book, he was showing me what the cars cost. And I remember telling him, I was like, I saw a commercial for like, a kia or something online or on TV at the time, and it was like $12,000. And the price of ferraris was like 100 and something at the time. And I went, bob, bob, bob, you don't have to pay that much money for a car. I saw her on TV, it was only $10,000. And he went and he went through the whole story and the spiel about how the cars are different, and then that was probably when I was like, ten maybe, right? And so then a couple of years later, he started buying sports cars again. And that mustang, man, that was sick. You had that car for a while, and I got to drive that car in high school two or three times, and then me and you end up buying mustangs had a turbo five gt.

We had the supercharged, six gt.

Actually, seven gt. supercharged it four.

The silver and black one.

That's right.

Four gt.

And we had a 750 li. A dodge Ram, LARMY nissan titan.

Then I bought that viper truck.

He goes, you guys can take a home for like two weeks. Why am I driving a vibrant truck for two weeks?

Thick shift and everything.

Then we took it back, and then I can't remember what else we got.

There was a lot of cars. We were like the number one buyers at carmax, I swear, like two years. They loved that, man. Every like three or four months coming here with a new car, he's.

Yeah, because we got the dodge charger, the SRT eight.

Oh, yeah, we had a lot of very retarded purchases. At least now it's totally different.

Credit sounds like 785 killed it.

How many auto loans do you have, sir? 65.

Wow.

We didn't rent any of those out. We have 14 cars. What is your job? I don't have a job.

I really don't. Do you need a TV installation?

Yeah, sure. Honestly back. So I was too young to have a business license, so I put my business in robbie's name and I started mounting TVs at best buy. So I was working at best buy, and I would sell flat panel TVs and best buy at the time. I think they charge like 1000, $502,000 to put on the wall. I just went and I said, I'll do it for $500, and I'll just come over after work. So TVs at that time were really heavy, so Robbie and I would go and mount the TVs, and I got the tools and the stuff. And so we had this whole lifestyle from basically just mountain TVs, and I built probably four or five big theaters.

Right.

Remember the pizza guy, his house?

We did, yeah.

Bellagio, right?

Bellagios.

Yeah, something like that.

Yeah.

It was really good pizza.

Yeah.

And he was the owner, and we mount TVs in his whole house everywhere and in the restaurant and in this house.

Yeah.

So I do have one question. Who cuts the best circles without tracing with their hand, with the drywall saw, and actually can mount speaker?

Who is it?

Yeah, robbie cut a I swear to you guys to this day, I remember, I could have never recreated he cut a perfect circle. Not looking just like this round. Not looking. No sharpie, no tracing, nothing for the speaker mount, because that's when we used to mount speakers in the ceiling. And it was unbelievable. I swear to it was perfect eight inch circle. It's pretty wild, but yeah, it's funny. We both remember that. You don't realize how much of your life you forget, but the one, two things you do remember are, like, the weirdest little things ever.

Yeah.

All right, Robbie, let's switch gears. We don't need to talk about the beginning for too much. We'll talk about some couple of current things.

Sure.

Tomorrow we're flying to San Francisco. That's right. We're actually going to like palo alto. We're going to go and seekoontoshes. I bought a couple of cointoshes earlier the end of last year, and I sent them to a world renowned kuntash restoration specialist. I've never even driven these cars. I've sat in the black one, the white one I don't think I sat in. But we're getting them back to 100% fully. It's a quarter million dollars apiece to restore these things. It's no joke. So I wanted to check on the progress. I intended to sell them at monterey, maybe bring a trailer better. I mean, kuntas are bringing almost a million dollars right now. And when I bought them, they were only bringing, like, 400 and $5500 cars.

On bring a Trailer can.

Awesome, man. Honestly, I think bring a trailer has replaced every other car selling platform.

That's all I look for.

When you talk about a car or something, I don't have the bandwidth to start a new business right now, but I would like to see people kind of mix autotrader and bring a trailer if I wanted to start, like, a royalty classified. I don't believe that cars should be fixed prices, and I think that it actually works better for the buyer and the seller if you posted a listing. The problem with bring a trailer, and I don't mean anything negative, is I've got four cars that I wanted to sell and Bring a trailer. I've got that gated manual. 456. I've got two acura nsx's, and then I have the R 35 midnight purple T spec gtr with delivery miles.

Right?

I have the millennium jade one too, but I think I want to keep the millennium jade one. But anyways, I have a handful of cars, and I have a twin turbo ventura S roadster. I want to sell some of my cars because I'm getting another big car in the next couple of weeks. And so it's three to four month process to put your car for sale and Bring a trailer. And it has to go through, like, applications, and they have to write, like, a story about it. And, like, there's a lot of stuff to do. Plus you're paying well, my listings are only $99 because I guess I did my own photography. But you have to pay between $99 and $2,000 depending on what package you choose. And, like, if you have a really expensive car, they require themselves to do the photography, I think. But my point is, it's like I have bought three things on Bring A Trailer so far, and I love this process because you really get to find out what the true value of something is when someone will pay for it. Let's just say the pagani gearbox. I bought a pagani Wywer gearbox on Bring A Trailer just to have a spare, you know, in case I need it in the future.

Right?

I don't know. I don't have a pagani yet, but I might get one soon. If they were to posted that for, like, $30,000, I'd be like, no, man, I only need that thing for 30 grand. But it was like, five grand, and I bid on it. Five, six. I had to pay, like, $9,500 for it. I thought okay, cool. Nine grand for a pagani gearbox seems like a good idea. And so when you look at all these price of the cars, some sell for much lower than expected. I've noticed that some sell for astronomical prices. Why would autotrader or some big car selling brand not want to implement the auction style or offer style? Like, should say, hey, the best offer on this car so far is $52,000. I don't want to ask you for a discount on your porsche, right? Let's say I'm buying a porsche and you have it posted for 60 grand, but I know it's worth $44,000. And I go in there, you're asking 60, and I just I have to offer you 44, and we have to argue about it. I have to do all that stuff. Like, I wish that they would just change it to where you can just make a high offer, post it for bids only or something.

I don't know. It's just something I was thinking about. It just seems like there's a much better way to sell cars.

I like bringing a trailer because all the pictures you take underneath the car, the undercarriage, every detail of the aspect, it says, started first by the second owner, the third owner, and so on and so forth. It shows everybody else's bid, like you were talking about the bidding process.

It also allows you to really understand the other cars similar on the market, so they show you a list of comparables. It's a really engaging environment to buy or sell a car, and I really like that process, but for it to take four months to sell your cars a lot, it's very difficult.

It is.

You're right?

Yeah.

And I don't know if you know this, but after you win, the auction is like, you're on your own. So it's like kind of like a weird thing where they're so involved in the front, the second the auction is over, you have to now deal with.

They'Re basically saying, like, go get your own car.

No. Yeah. They don't facilitate shipping. They don't facilitate escrow services.

Right.

They don't facilitate anything after the transaction. So it's kind of like a complicated scenario, in my opinion, where they're so engaged in the beginning, the company itself, but after the auction is over, they're like, see you later. You got the next one. They don't help you in the back end, so they help you get the car in the front, but at the back end, they're like they don't care. So they just connect you with the owner and then you have to deal with it. You've got to send them money. You have to send them whatever, the title, back and forth and all that stuff. So I do think that they need to kind of update their business model to where maybe add a $400 escrow service, right, where they charge 400, they send the money, and then the other guy gets the title, they send there, then the exchanges, the cars get shipped and all that stuff. I think there's a better business model to be had. So if anybody that's watching my podcast wants to create a competitor to bring a trailer, which I'm not really interested in doing, but I would definitely like to be on the board of directors of that company and give a lot of opinions because I think that I could really help this type of industry grow.

This is great. For our first podcast, I think it was pretty cool. We talked about things of emotional things, family drama, new businesses, old businesses, right? These are what these podcasts are all about.

People want to see us doing this type of stuff because it's one on one with them and it's real. I didn't even know what we're going to come in talking about. We're asking Mario, like, what are we doing?

Honestly, neither did I. We literally had no plan.

Just literally, it was like, go, two chairs, a engine block aligned with the crown. And in Houston, that's the name of our show.

Well, thanks for joining me. And thanks for joining me. Let's get a couple more of these going this week. Mario.

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