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Graham Stephan

👤 Speaker
3753 total appearances
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Appearances Over Time

Podcast Appearances

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

Real estate, it's so much harder than stocks.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

The stock market every second of the day, you know what it's worth.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

Real estate is inefficient.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

You can, if you work long enough and you make enough offers, you can make hundreds of thousands of dollars the day you close.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

My guess is it will take between eight and 10 years to get back to normal.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

Do you think people are better off buying a house today than renting?

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

Hey, everybody, you don't have to buy a home.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

You don't have to.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

It's not written down anywhere in law.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

But if you want to get wealthy, you have to own assets.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

And the best way to do that is to find a seller who is motivated.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

So what's the secret to financial independence then?

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

You know what the three-step process to get wealthy is?

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

It's been a hundred years this has been true.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

You want it?

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

We have about 167 units because we just sold a duplex last week and about $25 million in total value.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

And how much debt do you have?

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

Just over $9 million.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

The worst month we had last year was $40,000.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

Our average is about 52, and the best month was 60.