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Xaviera Ho, 29, spent years working towards her dream job at JPMorgan. But two years after landing her dream job as an investment analyst, she quit. That was when I realized that I wanted to go to business school and pursue a career in finance. During my four years in business school, I did several finance-related internships, including stints with an investment bank and a hedge fund. The branding, exposure, and networking opportunities that you get from working at a top bank like JPMorgan can be a great booster to your career.
Persons: Xaviera Ho, , Robert Kiyosaki's, Rich Dad Poor, JP Morgan Organizations: JPMorgan, Service, National University of Singapore Business School, JP, JPMorgan Tech Exchange, National University of Singapore Locations: Ho's, Shenzhen, China, Kuala Lumpur, secondments, Vietnam, Seattle
They used this process multiple times until they scaled into multi-family properties. Over the years, he took a light interest in real estate after reading Robert Kiyosaki's "Rich Dad Poor Dad." In May 2003, he came across a newspaper ad for two local single-family houses in Tulsa, Oklahoma. Of those units, 20 were single-family homes and 2,403 were within multi-family complexes, according to property records viewed by Insider. He has since sold most of his properties for profit but still owns three multi-family units that hold 471 rental units.
Real estate investor Mike Zuber doubled his portfolio in the aftermath of the 2008 housing crash. After purchasing their first rental, they continued working full-time and living frugally to save more money to buy more real estate. At this point, Zuber has been doing real estate investing for 20 years. The real estate investing veteran spoke to Insider about what he learned from investing in 2008 and offered some concrete advice for investors today. When it comes to real estate investing, "if you hold long enough, you're going to be just fine," he said.
By 2021 — three years into his rental-arbitrage career — he told Insider he had more than 50 properties nationwide. He told Insider that at the time, he had $8,000 in cash saved from his server job in high school and his internship. He told Insider he received about $12,000 a month (netting a $4,000 profit a month) from this deal. By the time 2021 rolled around, Cheung told Insider he was able to pick up several units in one building in exchange for one to two months of free rent. He told Insider his nightly rates run between $101 to $223 on average.
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