One Rental at a Time with Michael Zuber

[@OneRentalataTime]

Thank you so much, I had a great time, Thanks for all you do!!

[@CoachChadCarson]

Thank you too Michael! It was a lot of fun.

[@bestaff]

just bought your book Michael Z. A fraction of what I stand to make from the knowledge in the future ;)

[@danieldugan6870]

Both of you guys are my favorite. I watch both of your channels a lot and have read both of your books.

[@MillennialMike]

My man the BIG G!

[@jasonhall329]

@@danieldugan6870 tt

[@MillennialMike]

Michael Zuber from one rental at a time introduced me to my mentor Mark. These two guys have been the most influential people in my life beyond my grandma who raised me. I have gone from 0 to 7 rental properties (9 units total) in under four years. Starting at zero, with no money in the bank. Single father with sole custody of my son. No college education. Working a blue collar job as a police officer. I'm now nearly at financial freedom at 31 years old. And the person I owe it to is Michael Zuber. If you're not following him you should. Thanks coach Carson for interviewing him you did a great job! He's gonna be big BIG ONE day!

[@CoachChadCarson]

Thanks for sharing Mike! And congrats to you for all your hard work and progress! That's amazing!

[@gerardo100]

Ditto

[@joshuamonmia1387]

Great story. How can I get a mentor? I really want to get into real estate but don't understand a couple of things.

[@elilee78]

Thank you for sharing your personal behind the scenes story. I have great grandparents from Spain who came in the early 1900’s and I want to travel to Spain to where they were from. This real estate journey will grant me that opportunity and your story lets me know I can stay there longer with my family.

[@CoachChadCarson]

That is awesome! Thanks for sharing your story. Keep that dream of traveling to Spain alive because that's the kind of thing that will keep you motivated. Good luck!

[@DionTalkFinancialFreedom]

Love that you still have Zuber on. Consistent great info.

[@tay4950]

Love this information! So helpful and great advice! I started as a 19 year old real estate investor I flipped houses on credit cards at that time and averaged a great return on each property. But I had some personal issues that put me back and now I am starting again in my early 30s with a focus on long term rentals and flips this is helpful to set a realistic goal of building to 4 rentals to start! Thanks for the great advice and the focus on knowing your market and being patient for the right property!

[@landlubber42069]

37:00 was super interesting. I wonder if we saw a similar dynamic when the Fed cut rates during COVID where rent inflation got suppressed because more people could buy and now we might see a whipsaw in rents going up

[@CoachChadCarson]

Good question. Michael is a better one to ask than me! But it is interesting.

[@nashriver6952]

Very great messages by Coach Carson and Michael Zuber . Thanks.

[@CoachChadCarson]

Thanks for watching!

[@freeestyleobsessed]

I watch Michael’s daily financial updates and I just wanted to say that I enjoyed this interview so much I listened and relisten to every single second and wanted to appreciate you guys for uploading this change the amount of education you’re providing and how much you can change lives in people just follow these instructions it really is pretty amazing so thank you so much

[@CoachChadCarson]

Thanks for the feedback! I'm glad it was helpful. Michael provides a ton of great content.

[@duneme]

Michael! What’s up! Still have my 4-Rental Houses + 1/2 of a Commercial Building! Yes, I’m still in Pay-Off Mode! At least I can see the end to it! The Good and Bad to CA Real Estate-Bad=Paying it off! Good=Rents are higher than many areas!

[@chriswebb4797]

Excellent video and I read his book. It was an interesting story.

[@Martin6family]

Thanks Chad and Micheal. “get going. It’s worth it!” Yes, when there are a lot of unknowns it can be hard to get going. I listened while taking a long drive to potential properties. Thank you.

[@CoachChadCarson]

Those first steps are the hardest! Good luck. It IS worth it for sure.

[@TennisTD]

This is one of the best real estate interviews I’ve ever seen/heard. Impressed with your questions and michael

[@CoachChadCarson]

Thank you so much, Brandon!

[@ronkeobaro1647]

Michael Zuba🙏 you are awesome along with Coach Chad🙏🙏🙏

[@CoachChadCarson]

Thank you🙏

[@michaeldriever8985]

Thanks Chad, another great interview and my next book to read. Yes, I have read your book already. Do what matters...

[@CoachChadCarson]

Thanks Michael for reading the book and for following along! I really appreciate you.

[@marishaj5532]

Great interview! My grandpa just told me to put money in savings right now due to economy. I have been feeling stuck. Now I know to be looking at my market and use what I am learning to buy my second deal and this accumulation process can take years so I need to be patient.

[@CoachChadCarson]

It does take some time to see tangible progress and gains. But little by little it can grow big! You are taking the right steps it sounds like.

[@AbsMovs]

God bless you

[@diman4425]

Granada is awesome! My brother studied there for a year in college and I got to visit. Great place

[@CoachChadCarson]

We can't wait! Thanks for the feedback.

[@amafid]

You need to have the other two amigos on your show. Dion talk financial freedom Lumberjack Landlord

[@CoachChadCarson]

Thanks for the recommendation!

[@PhilKneeland]

Dion is the man! Lumberjack is fantastic for reno&strategy too! Coach and the three amigos have really pushed me to get into the game and take action successfully!

[@DionTalkFinancialFreedom]

So good

[@JavierMendez-kl1op]

Good day Coach, You continue to teach and inspire. I have learned so much from you on very tangible practical self improvement tools in the Real Estate field. I have also benefited from of your thinking out of the box approach and to thing of the gains cómo mudarse a Ecuador o España. Suerte con todo y gracias !

[@CoachChadCarson]

Muchas gracias Javier! Y suerte a uste y su familia!

[@estherrono3289]

Great interview and information! Thank you

[@CoachChadCarson]

Glad you enjoyed it! Thank you for watching, Esther.

[@myndfulness]

Such a great interview--thank you. 🎉

[@daveravnikar3363]

Chad, all the best with the move to Spain! What an adventure 😃

[@MonteMitchell]

I thought I had enough when I bought 4, then reached 10. Now I’m at 17 and figured I’ll be done when I reach 25. 😂

[@ryanw9510]

Hey Chad. I just found you about a month ago and have been binge watching your videos. I just bought a rental and I’m going to start the tenant screening/application process soon. What questions do you ask potential tenants?

[@RealEstateChris56]

Great interview! Thank you gentlemen!

[@JonnyMReck]

Small and Mighty! 💪

[@ryunsummers9283]

I understand you need to know the market but I wish they would go over how you go about finding out what the rent is in a area, how to find the good deal not on the MLS. but they just skirted around it. But still some good advice

[@ronkeobaro1647]

You guys are amazing 🙏

[@CoachChadCarson]

Thanks for watching!

[@leeroach3381]

Very helpful Thank you

[@samsontadesse3975]

Good stuff....thank you for sharing your insight!

[@CoachChadCarson]

Thanks Samson!

[@charlesmendoza7261]

Awesome interview Coach!

[@gonoenriquez26.2]

2 of my favorites you tubers

[@CoachChadCarson]

Thanks for watching!

[@Calventius]

I have 4 rentals, pensions, dividend stocks etc. I cringed when you mentioned Spain which is the best kept secret. We spent time in Maliga this fall. I cringed because you were letting the cat out of the bag.

[@tonycoakley7531]

Coach loved the interview and advice as usual just a question I am retired and thinking of selling my older rent homes to take advantage of the increased values. How bad will I get hit for taxes? Home should sell for 140 to $150,000. You may have covered this but I have not seen this

[@RYEINDUSTRIAL]

Great talk guys. Thanks for the knowledge. Cheers!

[@CoachChadCarson]

Glad you enjoyed it! Thanks for watching. 🙏

[@theG20241]

Can you explain what you said/asked when you went to the bank for a loan for the very first rental no one talks about this. Thanks

[@luckyandblessed]

Say you need a loan for a rental. Ask them for a list of documents to bring with you on the 1st appointment. You need to bring income paperwork. Know all your debts, know all you assets, and liabilities, etc.

[@tirzah-marielewis3447]

Oh whew! 4 is my entire goal! I don’t want to be a mogul I just want to be free!

[@amt7877]

Just subscribed

[@CoachChadCarson]

Welcome!

[@juliancolvard5742]

GREAT EPISODE

[@CoachChadCarson]

Thanks Julian

[@adb1285]

I need a course on recycling capital and all the special things mentioned 1031 if someone would please recommend recycling capital rules I have 2 rentals

[@duneme]

Hey Zuber! What’s new? My Aunt has a place in San Jose (Condo) and she’s looking to move and pocket a little money! Any thoughts?

[@kooshapaydary495]

Thanks a lot for the great discussion. What’s a good starting point for learning the market?

[@CoachChadCarson]

Zillow - sold comps. Not necessarily zestimates but actual sold properties in a market in the last 3 months. I also like studying rents. Combined, that information is powerful to help you make more confident offers

[@kooshapaydary495]

@@CoachChadCarson thanks so much!!

[@mltlawyer]

great stuff.

[@gtajeu]

Love it. Thank you for the content, Coach!

[@CoachChadCarson]

Thanks for watching!

[@davidstephens9594]

Good episode!

[@donzell1738]

Fresno CA you say! 😎 That's my backyard. I'm really off to a rough start with Fresno right now, it's a struggle but not giving up. I've driven every neighborhood and know this town in and out. In talks with a landlord today who has a four-plex with an estimated 6-7% cap rate that he's thinking about listing in a couple of weeks. Don't have all the numbers yet but any advice on picking up multifamily units in Fresno? Thanks for the valuable content. You have a loyal subscriber. 💯😎

[@CoachChadCarson]

Good luck! I would recommend asking the landlord why he is selling. Depending on his motivations you could make him a couple of offers - one cashing him out and one with owner financing. Sometimes you can get a smaller down payment and/or payment terms that make the deal work better. It's worth asking!

[@CoachChadCarson]

Here's my video on seller financing: kzbin.info/www/bejne/jnnIYZahmdh2gqc

[@tracyneighbors7059]

I LOVE IT! THANK YOU!

[@CoachChadCarson]

Thanks Tracy!

[@tracyneighbors7059]

@@CoachChadCarson THANX COACH!

[@PhilKneeland]

Great vid Coach!

[@CoachChadCarson]

I appreciate it!

[@banginzaza]

24:27 He's right

[@MJ-xk8iu]

So knowing what u know now, Mr.Zuber, instead putting %20 percent down on your first property, what would have u done as far as the down payment etc.?

[@sunshinewolf5980]

Thanks for this very useful information guys. I reside in Canada and is mortgage free with my husband next year. We're thinking of getting our first rental property next year and have connected with agents sending us what's in the market. The problem is we don't know what's a good deal and we don't want to get screwed by paying more than we should. We need to learn a lot of things and we wanted guidance. Could you help? Thanks!

[@CoachChadCarson]

Hi. Congrats on your debt free house and pursuing a rental. Are you buying in Canada? Or US? In either case, my course Real Estate Deal School is an intensive class about buying rentals and making sure you analyze the deal correctly. I'll open the course again next spring 2023

[@sunshinewolf5980]

@@CoachChadCarson thanks for your response. We intend to purchase in Canada first since we want to be as close to the property as possible as we're new to this.

[@joshuamonmia1387]

I would like to be mentored

[@lizabethgussman331]

Bookcases of pricey collectibles.

[@Nola1176]

I'm missing something. Recycling capital. He pulled out $40k and bought 2 more properties BUT he has to pay that $40k back, doesn't he? Then he keeps going doing the same with his other properties but there's no recognition of him creating and expanding debt. That debt has to get paid back. How is that happening?

[@CoachChadCarson]

When he refinanced the original property probably serviced the debt. So the net cash flow paid for it. So eventually it would be paid back unless it's interest only. But you're right on pulling cash out. It's not free money. Must be paid back eventually! And it can add risk.

[@Nola1176]

@@CoachChadCarson thanks. I'm in education mode so I'm learning. Need to read some books. Lol.

[@mansooraltaf7001]

@CoachChadCarson. Thanks for sharing the knowledge. I know nothing about buying a house or investing in a property. I live in a rental apartment and pays 1700 $ monthly rent. I do not have enough money to start investing in a real state but I do like to start investing and want to gain financial freedom. I have only 15000 $ in my bank account, so I need your advice. Do I need to first make a 15K down payment (as I qualify for an FHA) and go for a mortgage for my own house or do I need to invest 15K and try to find out an investment property and continue to live at my apartment? If your advise goes in favor of an investment property then my second question would be, how to get an investment property for this low (15k) down payment? I am confused. Please advise..

[@CoachChadCarson]

Many people start by buying a house or 2-unit to live in, then rent out bedrooms or extra unit. It's called house hacking. But it depends on the prices in your area. If prices are $200k that could work with FHA. You also want to set aside cash in a reserve.

[@mansooraltaf7001]

@@CoachChadCarson Thanks for the info!

[@Userxyz-z2d]

LA City just passed legislation that renters have the option to pay or not pay rent till 2025. This will go nationwide as this is part of the Great Reset.

[@danieldugan6870]

No way it goes nation wide. La is super Liberal that won’t fly in Florida or Texas.

[@CoachChadCarson]

I agree it won't spread to all states. But it is still a disturbing trend when local govts take away private owner's ability to collect rent and just expect them to eat the negative cash flow.

[@archerc4828]

Coach, I am already well healed bit I want to keep it. I can finance myself. How can ypu advise me I'm real estate?

[@CoachChadCarson]

Do you mean you have plenty of cash? In that case find high quality real estate in a good location with a reasonable rental yield, pay cash for it, and hold on. Pretty safe investment.

[@archerc4828]

@@CoachChadCarson Yes, but I know that if I obtain nothing but cash deals I risk everything. Should I not mix it up? Also, I saw your video on building a home. That was Capital!

[@MattyB414]

Someone needs to post your into on national TV to let democrats understand how freaken hard it is to just get into Spain, and yet this administration has allowed over 10 MILLION illigals (most military aged men) into the United States AND giving them resources that not even our veterans who have given their lives for our freedoms or homeless get! Other than that, great video on rentals, as usual!

[@matbob7249]

Why would you go to Spain? There’s everything between tropics and North Pole in U.S., I never understood it since I left Europe for U.S.

[@CoachChadCarson]

Just an interesting place:) US is interesting too.

[@matbob7249]

@@CoachChadCarson wish you all the best and thank you for all you do for us ❤️

[@franklintyler4652]

You didn’t invest in the stock market you invested in individual stocks. S&P 500 would have treated you fine if you held. The stock market is only a casino if you’re gambler. Both real estate and stock market investing have their value.

[@luckyandblessed]

50 units, 1/2 mil in equity? What type of unis?

[@CoachChadCarson]

If you're referring to Michael I think he has Single Family. I would think he's got more equity than that, however. But I don't know all his numbers.

[@banginzaza]

I'm only fk'n wit 2 and 4 units baby.

[@terrywatson3038]

why dont bookstores carry these books

[@lizabethgussman331]

Buying rental properties in another DOES NOT make sense. Buy rental property that is close to where you live. NEVER buy rental property in another state.

[@jod5834]

💯💯💯👍👍👍

[@djgainsbond]

🎁

[@achag9273]

Why Spain?

[@CoachChadCarson]

We love the Spanish language and culture. My wife teaches Spanish and we also want our kids to become fluent. There's also the bonus that Spain is relatively close to other places in Europe we want to visit.

[@achag9273]

@@CoachChadCarsonLovely, great.