My guest today is a nationally recognized real estate author and investor with nearly forty years of experience. He also happens to be a gentleman who got me started in real estate back in my early 20s, so it’s a real treat to have him on the show to share his expertise.
John Schaub teaches real estate acquisition, management, and investment, and after experiencing multiple recessions and quite a few tax law changes, he has seen it all when it comes to real estate. Listen in to hear his take on the current market, where new investors tend to go wrong, and the opportunities out there for investors today.
- 3:56 – Why John didn’t stick with brokerage.
- 5:20 – His unique approach to real estate.
- 6:55 –The common mistake new investors tend to make.
- 8:33 – Advice on what investment strategy to take in the current market.
- 12:25 – What gets people into trouble during a recession.
- 16:34 – The effect of so many millennials being renters rather than buying houses.
- 18:03 – How investors should look at the three subsets of population demographics and the differences in life goals for those groups.
- 22:48 – When people should start paying down debt.
- 27:53 – The pitfalls and opportunities of rising interest rates.
- 30:25 – Why John would rather deal with financing than heavy property renovation.
- 32:18 – His take on liquidity in today’s market.
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