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One Rental At A Time: The Journey to Financial Independence through Real Estate One Rental At A Time: The Journey to Financial Independence through Real Estate by Michael Zuber
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“(Side note: if you ever have the thought, “I need to invest in something ASAP!” please stop yourself. Investing out of impatience is usually a terrible idea.)”
Michael Zuber, One Rental At A Time: The Journey to Financial Independence through Real Estate
“believe the first thing you have to understand as you get ready to commit to a decades-long journey is why you want to do it. The “why” has to be specific, meaningful, and something you can lean on when things get hard, because they will.”
Michael Zuber, One Rental At A Time: The Journey to Financial Independence through Real Estate
“I want to be rich because I see all the injustices in the world and I want to give back to a cause that moves me.”
Michael Zuber, One Rental At A Time: The Journey to Financial Independence through Real Estate
“I remember having many talks with Olivia about potentially moving to a bigger house, or maybe “just upgrading the kitchen.” We chose to pass each time, instead buying another income-producing asset in accordance with our long-term plan.”
Michael Zuber, One Rental At A Time: The Journey to Financial Independence through Real Estate
“I am happy to report that, through the years, Olivia and I held firm and never splurged on extras during our investment journey. This means that we never took excess cash flow, refi money, or other real estate cash to buy a fancy car, upgrade our primary residence, or go on expensive vacations. This was very hard to do, since we had plenty of opportunities to use our profits to reward ourselves, but that was not our goal. Instead, we watched friends and family buy really nice cars, upgrade their houses, and take some pretty spectacular vacations while we were quietly using that cash for down payments, make-ready costs, and other real estate items.”
Michael Zuber, One Rental At A Time: The Journey to Financial Independence through Real Estate