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In this week’s podcast, “How To Go From 8 to 80 Rentals”, real estate investor and author, Michael Zuber shares his experiences as a property buyer, landlord and how he transitioned from single family rentals to larger, multi-family (commercial) rentals.
- The characteristics of a successful long-term rental property owner
- Key tips: don’t over leverage your purchase; put more money down at purchase and the importance of maintaining your properties: the key is upfront maintenance
- The 1031 exchange where Michael exited residential (1 – 4 units) to commercial (5 units+)
- The steps for making that leap from single family to multiple family housing
- Commercial financing
- Know and learn your local market
- Finding best property manager (Michael fired the first 5!)
- The steps to Financial Freedom
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