How Michael Zuber Quit His Job on a Whim After Achieving Financial Independence скачать в хорошем качестве

How Michael Zuber Quit His Job on a Whim After Achieving Financial Independence

Source: https://www.podbean.com/eau/pb-kad4t-... In this episode, Michael and Emil invite Michael Zuber back on to discuss the importance of learning your market very well, what he anticipates coming in the near future for the real estate market, and how he transitioned into retirement on a whim.  ---   Transcript   Emil: Hey, everyone. Welcome back to another episode of The Remote Real Estate Investor. My name is Emil Shour, and today I'm joined by Michael Albaum and we're going to be interviewing another Michael Michael Zuber, who you guys might be familiar with. He was on another episode. We did, I believe it was episode 11 and it was a great conversation, really smart guy. And we wanted to bring him back for another episode case you guys don't know him. He's the author of a book called one rental at a time, which I highly recommend you read. I often cited as one of my favorite real estate investing books. All right. Let's jump in Michael, Michael zebra. I should say welcome back to the show because I'd have you again.   Michael Z: Yeah, this, this should be fun. I w I love talking real estate love helping people. So that's what you do and I'm glad that the partner on another podcast,   Emil: It sounded like the guys were telling you that your last episode, which if people miss that one, that was episode 11, that was like a hit. I still get messages from people saying I love the Michael Zuber episode. So I'm excited. And I think we're going to have you as a regular. Hopefully we get you on like every other month to come and chat with our listeners and us.   Michael Z: I'll be there anytime you ask, I really do enjoy this topic.   Michael A: Awesome.   Emil: So for people who are not familiar with you, can you give us the quick summary rundown of who you are and your story?   Michael Z: Yeah, essentially, my story goes like this. I wasted my twenties, earning a bunch of money and spending it all I bump into rich dad, poor dad, it 30 years old realize I'm a complete idiot. I spend the next 15 years busting my butt during the day working a tech job. But I start sacrificing living below my means. And we start building a real estate portfolio, one rental at a time. It starts with houses. You know, I started investing long before the last crash. So a lot of the stuff we're kind of in the mix of now, I've seen before we moved out of houses into apartments, then the crash comes. All the banks say, no, we find a way to keep growing. Ultimately, we retired, my wife and I retired replacing two six figure incomes on rental properties. And you know, she's been out for about five years and I left February 1st of 2018. And haven't looked back, just enjoy this topic. Enjoy helping people see what's possible.   Emil: I love your story and your book. I refer back to it all the time, one rental at a time. I think everyone who's listening should go read it. It's such a, it's a great story. I think a lot of other books I've read, you know, they don't get into the story as much and like the different challenges that arise throughout someone's investing career. And I love that you tackled those. So definitely recommend people go check that out.   Michael Z: Yeah, I appreciate that because I, it's not a how to book. Right. You know, I don't, it's not a how to book. It is literally what I said. I read rich dad poured out and it changed my life. Here's a 15 year journey, which, Oh, by the way, happens to correspond to a crazy real estate cycle, both boom and bust. You know, lots of mistakes are included and ultimately success, but it was 15 years, one at a time, you know, some good days, some bad days. And you know, the book is really meant to create belief and confidence in people. I really hate that. I see a lot of people out there working to build a nest egg and then they give it to someone else. And in real estate that's often called a syndication. I want more people to learn their market. And you know, in this case come to Roofstock and, you know, make a selection, right. Bet on yourself. Don't take 50 grand and give it to some schmuck who goes, he has a big YouTube or yeah. YouTube presence. That's just stupid.   Michael A: There are so many things that you just said that I want to touch on that. I agree with one, I think, especially within the Academy, I talked to a lot of people about, you know, building a passive income portfolio and hitting X dollar mountain passive income. And they're like, Oh, there's no way I could ever do that.You know? Well maybe not today, maybe not tomorrow, but in a year from now at 10, 15, you're living proof that it is possible. And it took you 15 years to get there. So I love that. And then as far as the syndication stuff, I think that's so interesting because I think a lot of people use that as a crutch, right. I want to invest in real estate, but I don't want to go do the hard work to get there. And so I love that advice of, Hey, just go learn the market.   Michael Z: Yeah.