Fred gets a surprise one night when Lamont announces that he's having some friends over to play poker. However, Fred doesn't take Lamont's advice at "getting lost" since he's convinced Lamont's so-called friends are trying to hustle him out of his money.

Fred gets a new next door neighbor and is shocked to learn that he is Puerto Rican and planning on opening a junk business of his own. Fred gets upset about the competition and contrives a plan to get the city to condemn his property especially since, Julio has a pet goat.