AREI 63: DIY Van Life with Michael Albaum
These days, living on the road doesn't mean you have to live in a suitcase and move from hotel to hotel, or invest all your savings in a luxury motor home that can serve as a bus. Something as simple as a camper van can become a home away from home - or even your full-time residence.
Thinking of living a van life? You'll want to listen to Michael Albaum in this episode, as he talks about how he and his wife decided to live the van life and how that can help you get started investing in multifamily real estate. Come join us and listen in!
Michael Albaum is a real estate investor and Program Manager/Head Coach of Roof-stock Academy. In the last decade, he has done a variety of deals ranging from single-family homes to longer term NNN lease properties with national chain tenants. After years of investing, he found his niche in long distance, value-add multifamily investing.
Michael is also the host of The Remote Real Estate Investor Podcast, which interviews RE industry professionals about remote real estate investing. We welcome a show trade if you invest remotely and you’re at all interested in being on his show.
[00:01 - 01:15]
• We welcome Michael Albaum to the show
[01:21 - 06:03]
• Michael Albaum's background on how he started investing in real estate.
[06:10 - 07:57]
• What were some of the sporadic markets that weren't the ones he focused on and the two main ones that he did?
[08:00 - 13:56]
• Why they decided to live in a "Camper Van"? How they focused on their chosen market? Awesome fact about Suzy Sevier
[14:00 - 16:03]
• What is it about teaching people about real estate? What are the main topics that you're teaching?
[18:52- 20:19]
• What excites him most right now? Why do they want to self-manage after finishing the development project?
[20:22 - 27:54]
• Short -term rentals and should you put restrictions on them? Golden Visa in Portugal.
[28:04 - 32:29] Closing Segment
• Asking Michael Albaum the Adventurous Four
Memorable Quotes:
"Real estate could be for every one, but doesn't have to be." - Michael Albaum
Until next time…
Explore more. Adventure awaits.
