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Search resuls for: "Mike Zuber"


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"A, people have less access to capital and less purchasing power because interest rates are so high. People don't want to leave their lower interest rates to enter into a higher interest rate mortgage." This is a strategy that California-based real estate investor Mike Zuber refers to as " learning your buy box ." To pick your buy box, spend time walking through different neighborhoods, going to open houses, and looking at rental listings. He had a major advantage in that he could make all-cash offers, he noted, but anyone can use the "buy box" strategy to find deals right now when there are less buyers.
Persons: Grant Sabatier, it's, don't, Sabatier, they're, Mike Zuber, seasonality, It's Organizations: Rolex, Business Locations: Ohio, Indiana, New York City, California, Park Slope, New York
Some big landlords are starting to feel the squeeze of stalled rents and increased operating expenses. The main difference between 'big' and 'small' landlords: the financingA key difference between smaller, mom-and-pop landlords and larger landlords is how they're financing deals. While small landlords are typically purchasing single-family homes or multi-family properties like duplexes and triplexes, which you can finance with residential debt, big landlords are buying apartment buildings and have to use commercial debt. With a residential loan, you can typically get a fixed interest rate, which will not change over the lifetime of the loan. "One of the reasons I invest in four units or less is you get 30-year fixed rate debt," he said.
Another popular choice among real estate investors specifically is "Rich Dad Poor Dad." It was Ramit Sethi's popular money book that taught them how to be more intentional when it came to spending. Real estate"Retire on Real Estate" by Kai AndersonAvery Heilbron, who achieved financial freedom before 30 partly thanks to his investment properties, says that "Retire on Real Estate" is what nudged him in the direction of buying property to build wealth. Courtesy of Avery HeilbronIf you want to build long-term wealth, "I think real estate is 100% the best thing," Heilbron said. "Rich Dad Poor Dad" by Robert KiyosakiThis classic by Robert Kiyosaki is a favorite among real estate investors and early retirees, including Mike Zuber, who was able to quit his day job in his 40s thanks to his lucrative real estate portfolio.
Others are focused on optimizing their current rental properties. Dana Bull is optimizing the rental properties she already ownsReal estate investor and consultant Dana Bull. Matt 'The Lumberjack Landlord' is bolstering his cash cushionNew Hampshire-based real estate investor Matt "The Lumberjack Landlord" and his family. Karina Mejia is poised to expand her portfolio and wants properties that will immediately cash flowReal estate investor Karina Mejia owns properties in Boston and Georgia. Mike Zuber is writing aggressive offers two times a weekReal estate investor Mike Zuber and his wife Olivia.
A handful of successful real estate investors agree that mortgage interest rates aren't too high. A handful of successful real estate investors agree: Stop waiting for interest rates to go down before investing in a rental property or buying a primary residence. In the grand scheme of things, today's rates are "not that high," emphasized Massachusetts-based real estate investor and consultant Dana Bull. Here's what Bull and three other successful real estate investors advise heading into 2023. When you focus on making the numbers work for you and getting a great cash-on-cash return, things like rising interest rates don't matter as much, he added: "I don't care if interest rates are 7%, 9% or 11%.
Today we're going over what the ongoing protests in China mean for markets and investors. While the protests in China have been largely peaceful, some protesters have been met with violence from the authorities. Anti-government protests have erupted from Shanghai to Beijing as citizens rise up in opposition of China's zero-COVID policies. "Markets don't like bad news, and protests are bad news," Laffer told me on a phone call yesterday. China protests over lockdown measures could mean inflation gets stuck at 4%, according to Mohamed El-Erian.
It's also correlated with risk: Generally, a high cap rate points to a riskier investment, since a high cap rate means a lower property value. A "good cap rate" depends on your market and how much risk you're willing to tolerate. To calculate cap rate, you need to know your NOI, which is your estimated annual rent minus your annual operating expenses. To calculate NOI, you subtract annual operating expenses from annual rent, which is an assumption based on rent prices in the area. He's not the only investor who focuses on cash flow: Mike Zuber, who owns over 100 units in Fresno, California, says that cash flow should be a top priority when evaluating investment properties.
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.
Veteran real estate investors agree that now is an excellent time to expand your property portfolio. Veteran real estate investors agree that now is an excellent time to expand your property portfolio if you have the means. Mike Zuber is 'ecstatic for what's coming' and writing 'aggressive offers' twice a weekReal estate investor Michael Zuber and his family. Matt 'the Lumberjack Landlord' is preparing for rent delinquencies and a market correctionNew Hampshire-based real estate investor Matt "the Lumberjack Landlord" and his family. Courtesy of Matt and AshleyOne veteran real estate investor is gearing up for rough economic times and a potential 2023 recession.
In a wide-ranging conversation, Moody's Analytics' Mark Zandi broke down his US recession forecast and how a looming housing correction differs from 2008. The way Mark Zandi sees it, the US is facing a 50% chance of a recession next year, but his baseline forecast actually sounds more optimistic than those odds. "I expect prices to be down 10% peak to trough, with no recession," he said. Bank of America analysts shared one area of the bond market that's set to deliver 13% returns in 2023. A recession presents an opportunity to build wealth as a real estate investor, Mike Zuber explained.
Start by deciding where you want to buy property and learn everything about that market. Then, figure out what an "average deal" is in your area so you can score great deals. If you're going to be a buy-and-hold investor in a new area, get a buy box and make it hyper-focused." "The more you know your buy box, the better your chances at finding a great deal," he said. I'm willing to write lots of offers and I will close on every great deal."
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