15. Firefighter to Financial Freedom with Mike Neubauer
Real Estate Investing School Podcast
Shownotes Transcript
Mike Neubauer is a husband, father, professional photographer, and real estate investor. Mike started out like many of us, a spark of interest hearing someone talk about how they invest in real estate. That led Mike to start consuming as much knowledge as possible about real estate investing. After a year of learning Mike knew it was time to act. Today Mike’s portfolio consists of 6 short term rentals, 1 long distance rental in Arizona, an Ohana (another name for an auxiliary dwelling unit in Hawaii), and multiple syndications.
On this week’s episode of the Real Estate Investing School we talk with Mike about how he went from being a full time firefighter to financially free through real estate investing.
Mike started off getting creative early in his investing career. For his first deal Mike built an Ohana on his primary residence in Maui, Hawaii as a strategy to get started with less money down than buying an investment property. From there he has gotten into short term rental, syndications, and long distance investing.
In this episode Mike dives into the importance cash flow and appreciation and how to use the equity in your home to do things like a cash out refinance, a HELOC, or an equity down payment to buy more assets. He also dives into how important networking, creating relationships and trust is especially in real estate investing.
Some great advice Mike gives is to think bigger, think too big! Ask yourself what is impossible and go chase that!
Mike drops so much value and knowledge in this episode from getting creative, short term rentals, syndications, and thinning bigger! Let us know what you think and drop a review and share it with a friend!
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