YouSaid · the spoken record
Ira Judelson
- lines on the record
- 91
- first
- 2017-06-06
- most recent
- 2017-06-06
- sittings or episodes
- 1
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- podcast
Every line below is reproduced as it was said and linked to the record it came from. Nothing here is summarised or generated. Directory · Search · Corrections
“It's absolutely true. In the beginning, you know, it was nothing but just a set of balls. I looked at them Rothman one day and I came out of, I had a today's man suit on for about $99. And he's walking off of an elevator and he looks impeccable and he's so amazing in court. And I want his work. And he's like, well, I got somebody. And I kept staying with him and staying with him, staying with Ben trusted me. So, you know, I still keep those balls together, but it's experience in its times. And you realize what the world of criminality is, what the legal world is really about. You know, the clerks that run the courthouses, the court officers, the correction officers, you know, the judges knowing what they want, you know, criminal defense lawyers, as I explained to you, the edge is that they get the phone call too. Now remember, the client, if God forbid they don't get out of jail, they don't blame the bondsman. They blame the law.”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“Have an email, you could not understand in an email what's really going on, the sensitivity of the case. You know, I got a phone call from a wife who says my husband got arrested. I don't know where the checkbook is. I hear the dog barking in the background. My sister has to pick up my children because my husband's now in jail. She doesn't know where to go. She has no money because she doesn't even know where the money is because her whole life has been basically taking care of the family and now her whole life gets turned upside down in what, five minutes. And now she's coming to me and now I'm a social worker and I'm also a therapist. Then I also deal with him because now he just lost his job. Now I'm an employment agency. And now next thing you know, he's telling me allegedly what took place. Now I'm a priest and a rabbi. And help me fix this for me. And I come in and I fix it.”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“My attorneys, my attorneys, the ones that I've been with me for the longest time is the Jerry Shargelles, the Ben Broffmans, the Murray Richmond's, the Frank Roughmins, the Peter Frankls of the world. I can go down the line, Ronnie Fachetti, Jimmy DiPetro, Joe Muri, Mario Romano. I can keep going on and on. These guys, when they call me, they expect me to get it done. I am the fixer. I am going to fix the problem. Because when I walk into a room, as somebody stated in the courts, there could be chaos. I become the value in the room. Because I am going to make sure that everything gets settled down. And when someone expects me to do it, I'm going to do it. I take my job very serious. And with experience, as Danny mentioned, I know right off the bat, I'm reading you on the phone. I could hear you. That's another thing. That's why I have the flip phone.”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“And here's possibly the new French president of the world. And they're pulling him off a plane of JFK and I'm eating dinner over at Tre Dice. And I want to have fun. And that balance comes into effect because now I got to go on my cell phone. I got to go outside. I got to start putting it together. And it's very tough to do everything.”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“Those are my tentacles. I want to give them everything I didn't have. And more than anything, my kids are very good athletes. My daughter's phenomenal soccer player and a great runner. My son's a great football player and a phenomenal baseball player and a good basketball player. He also fights MMA. And I want to be at every event. I don't want to miss a memory. And in my business, you know, there are times that people are staying in jail because I'm going to my kids' events during the season. Talk about balance. I think Danny, you mentioned last time on the cast about how we're out to dinner and I'm trying to have fun and DSK got arrested.”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“It's a tough balance. It really is. It's a very hard balance because, again, as I stated, I am a blue-collar guy. You know, my father worked at Rikers Island Prison as a teacher. My mother worked in Bondwith Teller. I think the most money they ever made together might have been $80,000 growing up. We lived in a tiny co-op apartment. And I want my kids to have everything. I want to give them what I didn't have. I want them to develop and meet people that will help them down the line. So if my son says, hey, dad, I want to get into Wall Street. I call up Danny Moses. And Danny's like, well, where's he want to go? Or my daughter says, I want to get involved in broadcasting, you know, and I call up Sarah Wallace from Channel 4 News now, or I call up Dana Miles from Channel 7 and say, my daughter wants to get into that. And she just got out of the new school in Syria because wherever she ends up going.”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“She's a bondsman's wife. She's the only Jewish girl from Long Island, has no money, and came into the relationship like that, but she is the most beautiful, genuine person and understands that if I have to go out in the middle of the night and I'm dealing with whoever I'm dealing with, she knows how to deal with it and understands how to raise our children and knows how to, you know, do the right thing. It's never a problem. And she was very supportive and understood that. I did not have kids, but I was pregnant. I think she was pregnant. We got engaged in 98. We got married in 99. I was in the business at that point.”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“Right. She basically is like, you know, you're not getting a piece of ass until we figure out you passing this test. I want a ring. It doesn't have to be a big ring. And I'm like, okay, no problem. And she is my rock. She's my soulmate. She's my best friend. Without her, I'm not even here today. I mean, and I'm not saying this. And Danny knows her better than anybody because our wives are very close. She is the...”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“My wife now, who obviously was my girlfriend when I first got into, is one of the main reasons how I was able to pass the state exam and get my license and totally supported me to no extent.”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“And he goes, Who are you? I go, I'm fucking. I'm family. He had no idea who the hell I was. I told him our relationship. I told him at my mother's wedding. He goes, wait a second. You're a cone, right? I go, yeah. He goes, your grandfather was Harry. I go, yeah. My great-grandfather. He goes, how you doing? I go, good. He goes, you want to be in the Bell Bonds business? I said, yeah. He says, I'll be out here next week. Now, granted, there's a lot more in the book where I had to go out and I had some issues and he helped me through it, but that's how I got into the business.”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“Needed money to bail my father out, and we went to him and he lent us money because he wasn't registered in New York at the time to do a bail bond. So he gave us money. I go, Mom, please, please tell me you gave the money back. She goes, no. I go, you didn't pay the guy back? She goes, no. I go, you got to be fucking kidding me. So now I got to get back. So I get back on the phone and I said to the secretary, please put me to, she goes, go back after five. So I call back after five And lo and behold, she gets me and she's like, Hold on. He gets on the phone. I go, Uncle Phil. He goes, what? I go, Uncle Phil.”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“And I told you I don't write very well. I wrote K-O-N-V-I-Z when I ran out of Ramada in. I go, whoa, whoa, whoa, whoa, whoa, whoa, it's not K-O-N-V-I-Z? She goes, no, it's K-O-N-V-I-T-Z. There's a T in there. I go, you sure? She goes, I work for the man for 35 years. I think I know. So I look at my mother and I go, what are you, Dion Warwick? What the fuck is this? And she goes up into our little co-op apartment. She pulls down a wedding album. And she goes, is that the guy? I go, oh my God, that's the guy. She goes, oh, we're related to him. I go, what? She goes, yeah, we're related to him. She goes, your grandfather went to jail. I go, what? My grandfather went to jail. So now I realize that I'm related to the guy and that my grandfather did time. So she goes, we went. I had no money. Your grandmother was dying of cancer. I needed...”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“Said, hello, is Mr. Fillon. Now it's like a Gordon Gecko moment. They want nothing to do with me. They're like, no way. I told you we'd buy the two businesses together. Yeah, yeah, absolutely. It's Wall Street all over. And she's like, and the secretary's like, I can't put you through. I go, please, please. She's like, I got to know. And she's like, oh, whatever. I go, how do you spell his name? She goes, oh, it's K-O-N-V-I-T-Z.”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“Aye why met him out in New Jersey and then he goes, and then when he realized that I didn't really know him, he basically is like, well, but his tone changed right away. He's like, well, I told you whatever, this, that, whatever. I said, okay, so then I called the other guy up. Same thing happened. How do you know Mr. Phil? And I told him, he goes, listen, son, buy a hot dog stand. I go, hot dog stand. He goes, yeah, there's no money in our business. I said, okay. So I get off the thing and I leave the card down, and now you, you know, I was very depressed at that time going from highs and lows. I mean, an elevator is nothing compared to what was in my world at that time. And my mother goes, you sure you wrote that name down. It took two years of frustration. All came out in that three-minute berate of my mother. I know how to write a fucking name down. You think I don't know how to write a name? Oh, what? I'm not college educator. Oh, I went to school. Oh, you're going to make fun because I live. And she's like, whoa. I just didn't know if you wrote that name down. I go, I'll prove it to you. So I call up the bonding company.”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“And he says, I go, hey, how you doing? It's Ira Juddleson. How are you? He says, good, good. What's up? I told you, you know, I go, yeah. I go, you know, Mr. Phil? How do you know Mr. Phil? Tone changed. Different changed. Totally changed. He says,”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“I said, really? I go, could I call you? So I write his name down real fast on a Ramada ink card, and I told you I can't write very well. So that's why this story is going to get very, very funny. So I go home. So now I'm sitting in my house. And there's my Jewish mother who's sitting there. And she comes out and she's in a little nightgown. And I'm like, should I do what you normally do when you get something like you meet a girl in a bar, you wait three days to call her? Or should I be, who 29 years old, college educated, living with your parents? Should I try to make something out of this? So I said, I'm going to call the guy right away. So I call up and I hear, I go, hello. Yeah, hi, can I speak to Mr. Phil? Yeah, hold on. Gets on the phone. Hey, what's up? I told you I met you tonight. What? When? What? He's 85 years old, this guy. I don't remember. I go, yeah. Oh, yeah, yeah. Call this one. So I go really, he goes, yeah, call him tell me you don't miss the phil. So I call the guy back up. I said, the guy had the lunch with me.”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“This little old man walks in. He looks like George Burns from the Sunshine Boys. And he has a little, you remember those little watches that used to sit, the pocket watches is one of them. He has a three-piece suit. I said, hey. I said, no alarm clocks in the room? He goes, who are you? I go, I'm the guy that didn't get a wake-up call. But I don't want to throw the guy under the bus. So he says, oh, he pulls out a little pad out of his little pouch, which he's sticking right by his chest. He writes down alarm clocks. And I said, blah, blah, blah. I said, where'd you make your money? Real estate now right away. And he goes, no, bail bonds. And I go, bail bonds. I tried to get into that business maybe a year ago. I bring my friend over. I go, this is my friend. And he says, hi. He goes, I'm a criminal defense attorney. Where do you practice? He goes, Bronx, Westchester, Brooklyn. He goes, you know this one, you know that one. He goes, yeah. He goes, I'm the bank for everybody. I own the insurance company.”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“Door. I'm taking three other guys with me who are like unbelievable. And he hated me for that. But we would go out to all. So we came in like 4.30 in the morning. We walk into this Ramada Inn in New Jersey. And we walk in and I claim and stand. I think I might have had at that time Jose Cuervo. That was my drink because he didn't even have Patron or Don Julio at this time. And I come in and I'm hammering. I tell the guy, can you give me a wake-up call? And the guy says, you know, yeah, sure. So, you know, I go back. And 7.30 to knock on my door. We have an 815 game. Finally, I wake up. I'm all. I ask for a 7 o'clock, a 6.30 wake-up call, nothing. So guy comes, gets me a run out. We come back and I think we went two and three or three and two that day. Came back in like three o'clock. We played game after game. I'm completely hungover. I'm in the sun. And I looked at the guy, go, how could you not give me a wake-up call? He's like, oh, geez, I'm sorry, blah, blah, blah. I go, you don't even have alarm clocks in the room. So he says, oh my God, right. He goes, well, tell the owner, he's walking in.”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“Apocada. He had fried zucchini. He ended up having some taramasu. We had coffee. He goes, what'd you have? I said, I couldn't even order grilled chicken over a salad. I go, I was afraid in my mind thinking in my head. I couldn't order the grilled chicken, so I had the salad. So he says, well, I deal with another guy and it gives me the number of this guy. I call that guy and I meet him for lunch and the same thing happens. I spent money on lunch and nothing. So I gave up on the business. So now we fast forward him out in New Jersey. We're playing in a huge tournament and our sponsor used to say to me, hey, do me a favor. If we get to this Sunday, which a lot of times we did, and we're in the top ten, which he's going to collect money from, please don't go out all night and drink and go crazy. You got to stand something. I'm single. I live with my parents, okay? I'm playing second base and I could play hammered. So he would say 12 o'clock curfew. I'd be like, no problem. 12, 15, I'm literally leaving the hotel.”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“He was a criminal defense lawyer. And I happened to be in his office one day and somebody walked in, a Spanic young man. And he was like, yeah, man, you know, I'm going to do my time. I got to lay up and do what I got to do. And I'm listening to him talk. And he's like, you know, can you get the bond, get my house released, my mom's house? And I'm like, he's like, man, I paid the bonds for $15,000. Man, that's down the drain. I was only out six months. And I'm like clicked in my head. And I said to my friend, I said, how do I get in this industry? He's like, well, there's one guy. He goes, I use one guy. Let me introduce you to him. You can get some lunch. So he sets me up for lunch with the guy. And I go to lunch with the guy, and the guy basically, he ate for about 86 bucks. I had $100 on me. I couldn't even have a salad for myself. And the guy gave me absolutely nothing. He gave me the Oliver North where you basically just go around in circles and my head is spinning. So I learn nothing. So I come back to him. He goes, well, how was the lunch? I said, it was great for him, he had chicken.”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“They didn't have chapter 7 and 11 where I felt at that point. I wanted to find another chapter. I was living with my parents. I mean, I was literally living with my parents. I was 29 years old. My ex-girlfriend comes to the door. She's married with three kids and she looks at me and says, oh my God, you used to live here. I used to come up here for, you know, to hang out with you. I'm like, yeah, well, you're lying. You're like, I just moved back and she's like, oh, you're going to go to the 10-year reunion for our high school? I'm like, well, what am I going to say? They repoed my car. I'm still living with my parents. I have no job. And my parents are paying a cable bill. And basically, that's how I felt. So I'm playing this softball and we go and play in a tournament in New Jersey. But before that, I had a very close friend at the time.”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“Arc softball, the arc, you would go around to all different types of places to play. North Carolina, South Carolina, Florida, California, Vegas, Jersey, Connecticut, and anybody that's played arc softball on the stands as tournaments all over the country. And I had a sponsor, and this was his country club. This was his Paul Newman, Minnesota Fats Days, where he would somebody would stake you to play. So he'd put up the fee, $300,000, $400 get in the tournament, and we'd play for sometimes $5,000, $10,000 a tournament. And he'd pay some of the other players to play because I'd say to the guy, I'd say, listen, I can't play this weekend. What do you mean you can't play this weekend? I said, I got to work. I'm bouncing in a bar, you know, I got to make the $150 that I'm going to make. But he goes, I'm going to pay you $350 for the weekend and you're going to come play for me. And I said, oh, $350. Jesus Christ, I'm going to play. And this is something I loved. And I couldn't have been more down on my luck.”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“It's a true story in the book. At that point, I didn't know one of my best friends who's sitting next to me, Mr. Moses. I was down and out on my luck to no extent. I tried to become a sports agent. I tried to basically, I own nightclubs and bars. I did some other things with people to try to make money. And I was playing professional softball. And you say, what the hell is professional softball? Well, I'll tell you what professional softball is.”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“Curse on this thing? Sure. If they fuck me, okay, then they're hurting me and my family. And I went to bat for you. I fought to get you out. You had nothing. And I went to bat for you. And I gave you that two years or maybe even better. I gave you, I cut time off because you were able to stay out and then make a better deal for yourself because if you were in, there's no leverage when you're inside. When you're inside and you're in jail and the DA makes you an offer, why would they give you a good offer? They got the leverage. They don't need to give you a good offer, but you get out and now your attorney's filing motions and you're looking at discovery, then the playing field gets even. And I gave you that opportunity. So don't hurt me. I'm there for you. You do right by me and I'll go the extra effort. You fuck me. Well, there's a different component. There's a different side to me.”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“When someone at their most vulnerable stage needs me, and if they're lying to me or they're telling me the truth. And when you get involved with your clients, you want them to feel like, hey, you know, that's my guy. Ira is my ally. And I have a lot of people that I don't know if they're listening to this now or who are incarcerated today that will say that's my guy. That guy went to baffle me. I had nothing. He took me out and he was able to keep me out for two years and I was able to go and hang out with my family and watch my son grow up for that two years and he helped my mom and he put commissary money in my place. And I get close to them and I become their rabbi. I become their priest. I become their employment agency. I become their doctor. I become their psychiatrist. I wear a ton of hats. And that's what separates, in my opinion, me from a lot of other people because I get invested in my people because number one, I want them to feel like if you hurt me and you wrong, can I?”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“If I tell you, and I mean this from the bottom of my heart, I'm a blue collar guy. I live in a white-collar world because I want to give my kids everything that I didn't have. And sometimes it's very hard to ground my children because they'll go to somebody else's house and say, oh my God, did you see that basement? And I'm like, we got a pretty good basement here ourselves. And daddy works 24 hours a day, seven days a week, and he deals with some very serious people. But I get very attached to my clients. Very attached because sometimes good people make bad mistakes. And sometimes bad people just do what they do. And if I told you that I trust when someone walks in my office and you can get somebody walking in your office or someone on the phone, and what I do for a living, I don't read very well sometimes. I don't write the greatest. But I am one thing I'm great at. I'm a great judge of character. I could judge you and I could read you right off the bat. And I basically...”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“Story. Yeah, we actually was a promoter. And I actually, he called me on the phone. We did the bail. And I remember the open liability on that bail. And I can't keep track everything. I'm almost a savant in a way in my head. And I'm sitting there rolling, and we had a great roll going, didn't we? Yes. And I was like, there's no way anybody's going to break up this role. And we started rolling the dice. And I said, by the way, where is that guy? I haven't heard from him. He goes, I got shot the other day at a bodega. I go, wow, that's great. Lucky six, lucky six. I go, we got to exonerate that bail. And we were both dying laughing. And unfortunately, that boxer passed away. But these are the stories and the tentacles that reach this business because it's almost like Kevin Bacon, six degrees of separation. You go somewhere and somebody knows somebody dealing with the business that I'm in.”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“A lot of sleepless nights. Remember, I put a lot of money on the street, and these cases collast five, six years sometimes. So you could do $20, $25 million of bail a year. Now figure it out if these cases are going on. You got $100 million on the street.”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“I take 20 phone calls a day sometimes, and that's just me on my cell phone, on my personal phone, my office takes maybe another 10 or 15. So you're dealing with calls all day long, ranging from a $500 bail to a $5 million bail. We might pick two that day, three that day that we feel comfortable with. Sometimes we pick none because people don't understand the world of bail bonds, you know, and it's all risk to me. It's a risk factor. I'll take a 15-year-old kid that's never in trouble before, comes from a hardworking family. He might have got caught on a train with six other guys and they might have stole somebody's cell phone or allegedly stole somebody's cell phone and they pinched all these kids and the parents are hardworking people and they got nothing. I'll take that bail. Then you give me some other gentlemen that basically might be here for only a year or two and might be involved in the pharmaceutical business. And he's looking to do the dip and I'm not taking that.”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“In the beginning, I would have to say that everybody jumped on me, including grasshoppers, because I had no idea what the hell I was doing. It was just unbelievable. I would take anything and everything off the street because I didn't understand the industry really that well. I would say back then, I would say probably 10 or 12% jumped on me. Now I would say less than 2% jump. And a lot of times when less than the 2% jump, a lot of these guys are actually in prison already under aliases. And when you run them through some different computer checks, you realize that they're under John Smith, but they're in Virginia. But his prints came up and whatever. So you deal with, and that also goes back to the terms of relationships, I now deal with all the DAs who are on the civil side and say, you know, listen, come on, the guy's in Virginia. And they're like, okay, I'm no problem. We don't want to break your chops. We'll let you go. What do you say? You owe $25,000 up on. You want to settle for $15 and say, come on, but we work it out with them. They're good people.”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“The agency that had the bond and see if we could work out a deal. We ended up working out some sort of a settlement. I didn't have to pay the full amount on the bond because we did bring them back, but we brought them back later than we were supposed to.”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“It's not even the ovens. The guy sold everything, got rid of everything, and I was out of a big number there, but it was a great learning experience. I guess I had to learn a little bit about the business in the beginning and not to get so excited on a big bail knowing that at that time of my life there were some other bondsmen in the business, some old timers, gentlemen I respected. And if they passed on this and it came to me, then something must have did not pass the sniff test. So now today I'm in a different position where other smaller bondsmen, when they see bonds like this, say, well, wait a second, if I were a Juddleson's not doing the bail, what's wrong with that? What's wrong? Yeah. So I ended up getting burned and I didn't even get any pizza from it because I went by the place and there was nothing there. Not even a slice. He defended. We did actually get him. We got him before some alleged gang members got him on this KOS and we ended up getting them back in. And I tried to deal with.”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“Wood that you know, I'm sitting here saying, Oh, wow, this is great, and I'm running it through my insurance company. Well, I do the bail. And obviously, you know what happens, a guy jumps. And now I'm stuck with a pizzeria. Oh, okay. I'll sell a pizzeria. Go buy the pizzeria. There's nothing there.”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“I was in business. I got, I can't even remember. I was just in business maybe a couple years. And I was literally wet behind the years. Actually, there was actually water behind my ears. And I was so excited I finally got a big bond. And this guy came in and he brought all these documents into me. And I look at it and I'm like, oh, pizzeria, this is great. God, I mean, I've been eating pizza my whole life. You know, look at all the people going in and out. And what I didn't realize, obviously, when you read the book, is that who I was actually bailing out, which is the guy that they actually had a KOS on, which is Kill on the Spot, which I had no idea, and that he was wanting on the street and that he was actually cooperating with one agency. But meanwhile, playing me in the other DA's office on another agency. So I take this pizzeri in, unbeknownst to me, I'm not even thinking that he doesn't own the building, that I'm just taking pizza ovens and knock on one.”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“The value of the bond. The smaller bond, the higher the fee. I do a lot of large bonds. And that I try to get as much collateral as I can. There's other bonds companies that take”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“Basically, what a bail bondsman is in the terms of the court. I basically put up a bond to secure the defendant's appearance in court, and I take collateral behind that bond sometimes if I can get it, and to make the court feel comfortable that that defendant's going to be in court and that they have something to lose if they don't come back as far as on the street terms, I could be known as a legal loan shark. I take a one-time fee as a rate to secure that the defendant will come back to court. And again, I take collateral to do that. As far as my fees go, in New York State, it ranges from 6 to 10%. Plain and simple.”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“Their sauces, which I believe, you know, if you read in the newspaper, they've recently sold their business and their sauce business. And just the atmosphere. Now, they have other different places that they've done out in California and Vegas, but being in New York one with the Christmas light stuff, with my picture in there, with other people's picture in there is just a special place to be. And it's a great place to really let loose and feel comfortable because you go into a restaurant a lot of times. You never feel comfortable. You know, you're always looking around, asking for water. When are you going to get your meal? It's not like that there.”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“There's a lot of very strong people that go there Great place, and I love the people there. I love the staff there, their friends. They've been to my home. I used to throw a white party in my backyard and they come to that. And my kids, Barmitzvahs, they've made meatballs for both of the Bar Mitzvahs. And Dino the Chef is a very good friend and a great cook. And I could actually say that hopefully I'll be able to pass the tables on to my son and my daughter one day because it stays in your family.”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“Jump behind this, and Joe's a friend, and we went there the other night, and next thing you know, they're playing all the way up and lean back, and Joe's dancing and singing, and the place is going wild, and it's one o'clock in the morning. And then next thing you know, TMZ hears about it, and they're calling and they're like, tell us about it. And, you know, and the next thing you know, the Daily News found out about it. And it's just wild. It's just a wild night. But Rayo is a great place, and I have to take you there one night.”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“It's an unbelievable mix. And the people there, Frankie Pellegrino, just passed away who was just an icon, just a beautiful man, respected all over New York, a great actor, and a great singer. And, you know, just being in there, the warmth and the family that they make you feel like you're eating in your kitchen with the greatest people that want to get into that place. And taking people there, I mean, I've taken every one of my friends there. And, you know, obviously I was there the other night and Fat Joe was there and I brought Fat Joe with me. And Fat Joe is my partner. You know, we've done, we have a business called Jamedup.com, which is a, it's supposedly what we're going to do an app for the industry of criminality. So you could find anything you want on the app. You could find a lawyer, civil criminal, a bail bondsman, a DNA specialist, anybody you want in the legal field.”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, Rayos is obviously the eatery in Harlem that you can't get a table. There's no reservation. And it's almost like owning your own condominium. It's your table for the night and you get a certain amount of tables a year when you're on the books there. And being there, you know, and being in the business that I'm in because I'm also in the title business, which I deal with a lot of developers, anybody could buy or use tickets to a Nick game or to a Yankee game to take your clients out. But when you take them to Reyos, there's 12 tables in the whole place and you walk in and Leo DiCraprio is on one side and you got Bo Diedle on another side and in the back is Jason Gedrick and then I was there one night with Tommy Mato and Mariah Carey Danny DeVito Jim Carrey and then you got us in there who basically you know just came off the streets”
2017-06-06 · Invest Like the Best · Ira Judelson - Bail Street, with NYC's Leading Bail Bondsman - [Invest Like the Best, EP.40] · IDENTIFIED FROM THE TRANSCRIPT · source