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Graham Stephan

👤 Speaker
3841 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

So ultimately, we found Fresno, California, which was two and a half hours away by car.

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

Five hour round trip.

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

But what did we find?

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

We found Norris Drive, 1818 Norris Drive East, 93703.

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

Look it up on Zillow.

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

We bought it for 107.

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

It rented for 1095.

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

It beat the 1% rule.

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

That's all I knew back then.

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

So that's what we got.

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

And that's where we started.

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

So invest where the numbers make sense, but live where you want.

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

What about, though, for buying a primary residence?

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

So I'll tell you what I did.

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

So 2023, I made a decision to leave California and move to Vegas.

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

And we were looking all over the place.

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

This is, again, where interest rates were going up.

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

I think at the time, interest rates were 7.5%.

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

And we put a budget of $1 million.

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

That's just what our budget was, $950 to $1 million.