Rebuilding Financial Freedom After Losing 80% of His Net Worth

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Imagine you lose 80% of your net worth in a matter of weeks. Your financial freedom and early retirement dreams are now thrown out the window, and you need to start rebuilding. Would you stick with the same investment that killed your net worth in the first place? If you answered “No!” you’re much like Michael Zuber.

After he lost most of his net worth in the dot-com bubble, he quickly realized that real estate was a better bet. So, he developed a mantra that he still teaches to this day—“One rental at a time.” What started as a goal of just four rentals quickly ballooned to dozens, and before he knew it, he was financially independent, able to quit his job and retire early. But, he made one big mistake along the way, which took a severe mental toll on him.

If you want to retire early but don’t want to face the dreaded dark side of early retirement (something that plagues more people than you think), heed Michael’s advice, or retiring early might not turn out to be a dream; it could be a nightmare!

00:00 Intro
01:54 From No Rentals to...80!?
05:20 05:20 Buying Apartment Buildings
07:51 07:51 Losing 80% Of His Net Worth
09:35 09:35 Quitting a Job He Loved
13:48 The Dark Side of Financial Freedom
17:24 Retiring Early with Real Estate
23:32 Make Your Plan NOW!
25:08 Connect with Michael!
Комментарии
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Great interview! Bring him back to discuss how he analyzes deals.He has great insight and is a great teacher.

nateforbes
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Biggest take away from this episode... always have a plan!

WesSites
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Mike has a great method for anyone looking to get into real estate and build wealth. The focus of this interview is on the 8-80, but this is much more complicated for the early investor. Get to 4 buildings, give it time, and then you can make a jump. "This is get rich for sure!" Excellent line and something many people need to hear.

chriswebb
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This is so inspiring and relevant to my journey, thank you!

Esther-uofs
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Religious ORAAT watcher, kinda weird to see Zuber edited. 😂

stacyderose
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Michael Zuber is a great teacher and i try to watch everything he puts out. Another gem. Great episode.

tenmike
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This “follow-up” interview with Zuber was fantastic and long overdue. I hope to see more of the three amigos on BP.

hansenmarc
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I was a beginner. Didn’t know where to start.

One Rental at a Time, Michael Zuber was a key channel to help me get on the property ladder.

His content with Dion Talk, Lumberjack Landlord, Anna Kelley, Millennial Mike has made me better.

Owe a lot to him and his teachings. Thank you!

buzztune-ftlc
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Acquiring shares can seem simple, but selecting the appropriate stock without a verified process might be difficult. I've been trying for a long time to grow my $210, 000 portfolio, but the major hurdle is that I don't have a clear entry and exit strategy. Any feedback on this would be appreciated.

duanec.duanec.sutherland
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Great interview. I love Michael’s message!!!

iemixes
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Amazing interview! Love Mike Zuber and all the value he provides!!!

karenmolnar
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Great guest! Michael is a great investor and teacher.

sebsogamoso