Wealth Building Blocks One Property at a Time with John Schaub | Part 1 #888

John has prospered during three recessions, four tax law changes
and interest rates ranging from 6-16% in his 45 years as a real
estate investor. His 2016 best selling book Building Wealth One
House at a Time, 2nd edition, assisted more than 100,000 real
estate enthusiasts on their way to successful invest­ing. John
recommends buying better well-located houses rather than cheaper
houses and other management-intensive properties. 


Better houses are more profitable and far less trouble. He
advocates paying off debt, owning properties free and clear, and
renting only to long-term, high-quality tenants. John buys, sells
and manages his own properties, and enjoys providing quality
housing at fair prices for working families in his community. He
teaches one Building Wealth One House at a Time seminar each year
where students learn how to identify the best investment property
in their town, how to buy it at below-market prices, and how to
negotiate terms that guarantee a profit. 


John also invests his time helping those who cannot afford to buy
a home through conventional sources through his work with Habitat
for Humanity and the Fuller Center for Housing. John has served
for more than 20 years on the board of Sarasota Habitat, 7 years
on Habitat’s International Board and currently serves as the past
chair of the board of the Fuller Center for Housing. John, a
Florida native, is a proud graduate of the University of Florida,
where he earned his B.A. from the College of Business
Administration in 1970. He is an accomplished boat captain (power
and sail), fisherman, skier (snow and water) and an
instrument-rated pilot. John loves to travel, especially with his
wife Valerie and their young adult children.

In this episode:


John's life before real estate

Real Estate investing and Volunteer work

Impacts of interest rates on real estate

Importance of Work-life balance

Quality vs Quantity: One House at a Time






The Norris Group originates and services loans in California and
Florida under California DRE License 01219911, Florida Mortgage
Lender License 1577, and NMLS License 1623669.  For more
information on hard money lending, go
www.thenorrisgroup.com and click the Hard Money tab.


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