Dig Your Well Before You’re Thirsty with Michael Albaum

March 17, 2022 00:39:21
Dig Your Well Before You’re Thirsty with Michael Albaum
The Short Term Show
Dig Your Well Before You’re Thirsty with Michael Albaum

Mar 17 2022 | 00:39:21

/

Show Notes

Michael Albaum is a professional Program Manager, real estate investor and the Head Real Estate Coach at Roofstock, where he works with real estate investors in their paths to making acquisitions and getting started in the industry. He has worked in the real estate world for almost a decade and has worked across many different markets and investment types from SFR to NNN commercial properties. He is a true expert when it comes to overcoming your mistakes, and really making the most out of every one of your units.

 

Avery and Michael speak about his diverse range of real estate assets from the Smokey Mountains to Alaska. He also speaks frankly about some of the hurdles he faced early on, and how he was able to lick his wounds and take the necessary steps to become the successful person that he is today. They also discuss the importance of finding your niche rather than having units that span across too many territories, and the benefits of doing a 1031 exchange of more stressful units. Michael additionally stresses the importance of diversifying your income streams and how doing so will open you up to a world of possibility. 

 

Key Topics

 

Roofstock

Rich Dad, Poor Dad

The Short Term Shop University

The Short Term Shop Facebook Group

IGMS

Your Porter

Smart BnB

OwnerRez

Beyond Pricing

Pricelabs

HostGPO

Other Episodes

Episode

March 29, 2023 00:44:28
Episode Cover

Mixing Strategies with Michael and Elizabeth Chang

This week Avery is joined by Michael and Elizabeth Chang. We get to hear their story of how they used rental arbitrage in urban...

Listen

Episode

August 17, 2022 00:37:39
Episode Cover

Investing After Retirement With Chuck Kramer

Host Avery Carl chats with Chuck Kramer about getting started in real estate after retirement, using commercial financing and local banks, and scaling into...

Listen

Episode

February 25, 2022 00:37:07
Episode Cover

The STR Savings Account with Josh Goldstein

In this episode, Avery speaks with Josh about his interesting entry into the world of real estate and the success that he has reached...

Listen