I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks will be appreciated.
Based on personal experience working with an investment advisor, I currently have $1m in a well-diversified portfolio that has experienced exponential growth. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.
i'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
“LAURELYN GROSS POHLMEIER ’’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
ur networth isnt 2.7m. its prob 20 percent of that lol. these debt guys love to leave out info, and boast about numbers that don't even effect them. I bet you calculated your primary residence in that too even tho its a liability. you prob put 5 dollars down and claim you have a networth of the entire value of the home. fake flexers
Been following Michael Zuber for 3 years now and an ORAAT family member for 2. His course has saved me and made me 6 figures in the last few years. His daily market updates are pure gold. Thank you Michael.
Michael is awesome, everyone who invests should start their day with his daily financial news. I’d love to see him speak at a future wealthcon event!!!
Ufff, im still trying to convince my sister to sell the family business, and dedicate only on rentals. Im tired of working 15 hours a day 6 days a week
I am a W-2 guy and honestly, after having seen your master classes that you temporarily uploaded to RU-vid on house flipping and real estate investing, the things that hold me back is knowledge and fear. Those are the 2 things you mentioned in the house flipping video that people struggle with the most. However, I do understand it’s just about taking action like you said. I can read/study all I want but I won’t do anything or get anywhere until I have skin in the game. I have been praying and even trying to find deals in my area, but it’s on me when I actually get the process started.
Knowledge comes with experience and fear is destroyed by action. Just buy your first deal, start out one rental at a time :) Good luck 👍 you got this ❤
Commercial construction project superintendent here. I've been a W-2 employee for 20 years. Always loved real estate and have never been able to figure out how to break through. I know how to build anything but have always had a team to support me. I've been falling Ryan's channel for 2 years now. Just absorbing knowledge. Slowly but surely. We got into the Airbnb game this summer? We bought a fourplex last year. And I really want to buy something else this year. Love the content Ryan. Keep it up.
Zuber! One rental at a time fan of yours. You're definitely an entrepreneur in my opinion. I don't think there is one definition of entrepreneur, lots of ways to do it. You provide the best no hype, real world, use today, advice that exists in the RE world online today. Where else can you get 10-15 min of high quality daily real estate focused financial news. No where.
Oh hey, it’s Zuber! He is such a busy guy and a hard worker… he’s got the RU-vid game down… working on creating content all day everyday. Go, Team ORaaT!🎉 -Moisés
Long Time W-2 guy, got into real estate as a hobby back in 2016 when I was 22 and up to now I have a few multi-family units. Not over leveraged on any and refinanced during the pandemics low rates. And I Haven’t really seen/experienced any big financial changes. Not sure what I’m doing wrong ? Hoping comment fairies have an answer
I'm a w2. Subed to Mike. I'm struggling with the details of the first deal. Looking the initially flip an opportunity. Should I get a realtor, should I become one, best way to finance and best way to take advantage of 1031 to the next deal.
This year I want to use earning calls to help with my strategy on companies I want to invest in. However, I don't understand them. I am always lost and have no clue what they are discussing I lose interest after 20-30 minutes and not gaining much insight. What things should I be looking to get out of an earnings call to help me invest in a specific company or real estate?
So me and 20 investors online want to invest into rental properties by funding properties together and putting the property in a LLC. The property will be a rental and will fund 20% of the down payment .
I’m a W2. I bought my first rental last year using my 401k. I need to scale. I’ve been dabbling in wholesaling trying to get some transaction increase my income.
This was an inspiring video to watch! I’m in that funk as well. I left a job last year bc I couldn’t stand some people I had to work with. I went home with my wife and kids to be a stay at home dad until the end of this year. I thought about a career and starting a business in a certain field but I know it won’t be as rewarding as real estate investing. I was in my field for 16 years and I’m 37. I fill like Michael being a W2 worker. Now it time for me to step it up!
This is great- except 20k or 10k can’t even get you a seat at the table in any major market. Now it’s more like “save up 100k and get into 1 property if you’re lucky” and then be dead broke… this could use a update for the times. That 40k won’t even get you close these days.
As someone who has a successful uncle who is a realtor. It’s simple if someone is looking for a house and they are wanting you to show them houses they want to buy a house. It’s then your job to sell them the house they want or think they want! And if you can’t sell it to them. It’s not them as the buy issue it’s the sellers issue.
Any tips for people that are contract/1099 employees for how to increase their income or get on W2 employment? For reference, I was W2 for about 4 years, saved up and purchase 3 properties over that time, and then I swapped to contract work to increase my pay to help with the flip. However, I have a hard time finding a bank that will loan money with my fluctuating income, and my line of work seems to be being phased out across the country which is making it difficult to find more of it.
Yeah dude sold software for a large company in different countries lol making 200k annually 20 years ago. He coulda invested anywhere and have the same story
So, started a long time ago when you could get into 3 houses at once for 40k, and it only gets more unrealistic from there. I’ve yet to find a talking head making it happen in today’s market without using someone else’s money that most people can’t access. I’m 4 properties in and 200k down payments build up slowly 😂
The prediction of a 32% business failure rate in 2024 suggests a challenging landscape ahead. Factors contributing to this potential "business apocalypse" should be carefully analyzed, including economic trends, industry shifts, and the impact of global events. Adaptability and strategic planning will be crucial for companies navigating these uncertain times.
Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions
I agree, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise fromm early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q1 next year
@@KelvinWallace I appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Finding financial advisors like Colleen Janie Towe who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
I have a 3 fund portfolio consisting of 33% S&P, 33% Total stock, and 33% international. I feel a need to focus on complete growth so I went 100% stocks, but does the SP500 and TSM overlap too much to make sense holding both? However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait but watching my portfolio of $450k dwindle away is such an eye -sore.
There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.
I just Googled her name and her website came up right away. It looks interesting so far. I sent her an email and i hope she responds soon. Thanks @benjaminbruce-co2ow
@benjaminbruce-co2ow This is a very intricate scam. All these fake accounts having a fake conversation leading people to a scammer who is going to steal their money.
W2 employee here, also a realtor, professional musician, and self-manage my 3 rentals, all new construction/my former residence. Would LOVE nothing more than to get out of W2 world and go all in with real estate, but the security of a steady paycheck, 401K, stock grants, etc are scary to give up.
Loved this content! Mike, you remind me of Stephen Duneier, you simply have that super high grit and this took you really far in whatever you decided you wanted to do! This inspires me so much!! Your three advices (get dry powder + become elite in something (unbalanced) + takes time) are gold! By the way, I am a W2, I make approx. 130k a year and I realized a few years ago this is not my passion (accountant), thus I will never make much this way, I needed to find something that I am passionate about and turn that into money. With that I started my YT channel early in 22, my side hustle, where I give advice to brazilians that wants to come to the USA. It is going well so far and this podcast with Mike was a great positive reinforcement, a couple more years and I think I will be able to drop my W2.
@@OneRentalataTime it was an incredible Podcast Mike! Was able to see a side from both of you that is usually not shared. I thought you both were talking to me. Thank you for all you do guys!
My mentor started one rental at a time and he now owns 5,000+ doors and he never sells, still owns all the homes and units he bought in the 1970s and 1980s , he’s a monster, no Partners, just his own money 💰 I love love love real estate, Ryan, great interview I’ve been a close follower of ORAAT for almost a year now, love you and Mike.
Mike Zuber is one of the best minds in the real estate investor community. Consistent; disciplined; focused on helping the average Joe build sustainable wealth.
Ryan, great video man. I'm a W-2 UPS driver living check to check. Yes, even with our new contract. I live in the bay area and the cost of living is through the roof. I find myself drowning at times but I just keep on keeping on because I have 3 daughters and my wife. I so want to get into the real estate business. I guess it's time that holds me back. Yes, we all have 24 hours in a day but damn, I'm a UPS driver who works almost 14 hours a day. It sucks because I'm also a weekend father due to my job. I need a change, and nothing will change unless I change. I know profits are better than wages, I just need to get right with my finances. Soon bro, just watch, I'm from the bay where the players play. Lol I'm trying, my brother, as hard as I can. Peace
@saulfregoso7704 I'm getting my ducks in order as we speak. Trying to get out of the high rent first, $3700 a month. I'm working on buying my house first, then I'll BRRRR. Houses in the bay area are no joke
Michael Zuber and his RU-vid Channel One rental at a time have been one of the founding blocks of My Success I highly recommend you check out his channel he's a great guy and he provides so much free information for Real Estate Investors.
In my opinion, a housing market crash is imminent due to the high number of individuals who purchased homes above the asking price despite the low interest rates. These buyers find themselves in precarious situations as housing prices decline, leaving them without any equity. If they become unable to afford their homes, foreclosure becomes a likely outcome. Even attempting to sell would not yield any profits. This scenario is expected to impact a significant number of people, particularly in light of the anticipated surge in layoffs and the rapid increase in the cost of living.
I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
You are right! I’ve diversified my 450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.
*Camille Alicia Garcia* is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
Adjusted for inflation, those first house at $100k in 2001 is $172k in 2023 dollars. Good luck finding a good rental property now in California, let alone Silicon Valley, for under $200k. Even under $400k not possible I would say.
I’m 29, a W2 employee and have been since I was 18. I see the older people around me and don’t want to end up like them. Finally taking a hold of my finances and have started saving up to buy my first property and get into the world of real estate investing. Your videos have helped a bunch. Keep doing what you’re doing!
I'm halfway through right now but wow, the timing of this video is mind blowing. Amazing content. I'm 10 years into my tech career, making multiple six figures, and literally planning how I want to move going forward. I know I don't want to continue the salary job life forever, I only live on a few grand a month, trying to figure out how I can create more leverage and cash flow. I feel like this video was literally made for me right now. Thank you!
First 5 mins of video he mentions his books isnt an how-to(although im still buying it to read). That being said, for a complete beginner, what books do you guys recommend for one to read? Thabk you in advance
Fantastic advice, saving every penny, grinding towards the dream, putting all the money back into growing the portfolio, ball out after the grind. On the same path, this advice couldn't be any truer.
Bought a few houses in an expensive market, let them appreciate. Took the equity and bought 80 smaller units in a cheaper market. Works and makes sense. This is not "one at a time" let's be honest no one is acquiring 100 plus units 1 at a time. investors buy in clips likely multis to get over 100.
I've always been a fan of Michael Zuber and his One Rental At A Time mantra. Seen him multiple times on Dion Talks. HOW have i not been subscribed to his channel????? 6 videos a day??? He's spot on about the fear mongering videos. Thats how you make a quick buck on RU-vid. Great interview guys!
Finally, a guest that is relatable! As a physician we always play the safe card. Not trying to be a high baller, but it would be nice to not feel owned by an institution that tells you what you can and cannot do. It would be nice to venture into a path of real estate where I know I can be the best if I just put my mind to it 😊
First off, 40/16=2500/unit per month. At a 40-50% expense ratio your rents have to be 4000+. Doesn't sound like good math. He is Cash flowing 40k AFTER expenses, vacancy, capex, etc. Plus, he benefits from principal pay down on 180 units/month. Not to mention tax write offs. Debt is called leverage for a reason. Your way is great but his is faste. And safe as long as he doesn't overleverage.
@@yOnKiNaToR LOL !!!! LEVERAGE IS FAR MORE WORK AND WAY WAY WAY MORE OF A HEADACHE !!!! LOL !!!! I WOILD RATHER HAVE WAY WAY WAY LESS HOUSES AND DEBT FREE THAN MANY MORE LEVERAGED.
I dont care for the part where Ryan says he doesnt even understand W2 and just go out and be an entrepreneur. I think is unrelatable for most people and i doubt he hasn't at some point held a job w2. Unless he was just born rich or somehow in his teens just created successful business. Also alot of people can say they are "entrepreneurs" and dont make crap.
I have a question, how do you go in positive cash flow if property taxes are high and interest rates are high too. Even the rental would just cover the mortgage and insurance and maintenance. That’s where I am disconnected
Thank you for having Zuber on your channel. Not only is he a great economist and real estate investor, he is a great person who donates his time to helping others reach financial freedom.
What would the cons be to a buy and hold deal where you pay cash for -say a $100,000 SFH? Then pull the equity out of it after a rehab and then purchase a second one for the same amount and pay at least 80% of the mortgage then pay that one off with rents and supplemental income in a short time etc. Then continue with limited risk as you're essentially paying cash for each one then scale it to a 4 door multifamily or something like that. Does that make sense? Cause thats what I'm looking into starting here in the next 90 days. Any advice?
I hate how unrealistic all these real estate gurus are. Almost no one makes 200k combined income. Even if you have 40k you can’t just go out and put 20k 10k 10k on 3 houses you have to actually qualify for the entire loan. example 200k on each house. What bank is going to give you 600k on 40k cash ???
well he is talking about 2001, but it is absolutely insane of him saying 200k was paycheck to paycheck.. he quite literally could get enough down payment every 3 months at 200k a year in bay area in 2001. He later says Fresno CA which is my hometown, at 200k a year he quite literally could get a down payment every month in 2001... or outright but a house every 6-8 months in Fresno CA. For someone to do what he did right now and in the same manner, is like making 800k+ a year.
I’m from the San Francisco Bay Area and currently live here. That is commonplace here…especially now. And yes…200k with kids could EASILY be paycheck to paycheck here. Our home prices start at over $1m. This may seem like Mars to most of the country, but average single incomes easily hover over $200k today…entry level with a degree over $100k. $200k here combined! That’s like $100k or less in other parts of the country combined. Our cost of living is obscene. I’ve never known any other way though, I’ve never lived anywhere else.
I just bought my first triplex last year. There’s no way I can cash out refinance now to buy more properties. Do you think his process would work in todays market? I was thinking about doing a heloc since I fully renovated all 3 apartments I’m hoping i have some equity. I used my fha loan already. My next loan will have to be conventional I think which is 20% down. Is there a way to get that 100k+ down payment? If I just have to save it, it will take me at least 5 years… 😢
Have been in and out of being a real estate agent.....looking to start buying properties for my children and and I'm afraid of taking chances. I watched your video several times because of the valuable information content in just this one video. I'm retired and have an decent pension. I need to get some inspirational/practical guidance in moving forward in developing a legacy for my children through real estate accumulation. Please, I would appreciate guidance of steps to take. Regards.
Respect to what he’s done and what he’s doing here but there is way too much jargon and he’s speaking way too fast for me to get comfortable to absorb the info. Thank you for the info!
I like Zuber but making 200k+ in 2000 he acts like he was barely making it by. To be fair he has been in likely top 3% of earners his whole career. Not hard to accumulate wealth when you’re making that kind of money.
I'm a W-2 gal and always wondered why I'm willing to kill myself for someone else, yet too afraid to bet on myself. Biggest challenges in REI is fearing the vacancy + capex and having that kill my progress. Found Zuber through TyLG, found TyLG through Subto...been consistent in defining my place in RE since October and very close to picking that 1 thing. Zuber - thank you for your discipline and showing us how it's done, not everyone wants to be an investor or entrepreneur. You're making it look not only possible, but impossible not to execute alongside a high paying W-2. I love your daily fi-news, personal fi-geek myself and it just gives more and more confidence to keep pushing knowing what's going on around me. Thanks Ryan for bringing Zuber on, this guy represents the majority of us.
First time viewer, great discussion. Struggling to decide if I want to start with a STR, or long term. Even though you said don’t start with rentals. Not sure I understand why.
One Rental at a time is a mantra! One properly structured rental property can change a W2 worker's life and give them enough piece of mind to start a side hustle, or first business.
@@OneRentalataTime in 2001.... I have family here that made half that during that time and they are rich af now coz they all own their houses and have a vacation house and multiple rentals all of which are now million plus houses, last time at a family gathering she talked about how she got her first place at 150k and now its worth 1.6m. in 2001 at 200k a year you can quite literally put a down payment on a house every 3 months bay area.. He talked about Fresno CA, it's my hometown, and during 2001, he could have got a down payment at his pay range literally every month or outright buy a house every 6-8 months.
thanks Ryan, great interaction !!! i follow Michael Zuber almost daily and i signed up for his course 18 months ago, i have now a definite buy box and rational for purchase, i'm getting close to getting 2 deals in Memphis TN ...
who the hell is the host, so cocky. He thinks he knows everything and tried so hard to show off he is the same class as the guest. He is so not. The guest is humble and slow pace, cool.
Need some advice guys i have a property in the Philippines with no mortgage with the of equity of 150,000 dollars rented only 500dollars a month and I’m living in japan own home mortgage free, and willing to start a real state in japan. Should I sell my property in Philippines to start here in Japan i am really confusing if my decision is right or not do i have any options ?
