IN THIS ENGAGING AND EXCITING LIVE EPISODE, LEGENDARY MASTER DEAL MAKER INVESTOR, EDUCATOR, AUTHOR JOHN SCHAUB SHARES HIS TIPS AND TRAPS FROM FOUR DECADES OF EXPERIENCE FOR REAL ESTATE SUCCESS. THIS EPISODE IS BEING CONDUCTED BY MICHAEL MORRONGIELLO, FOUNDER OF THE BAY AREA WEALTH BUILDERS (BAWB).
John Schaub has prospered during three recessions, four tax law changes and interest rates ranging from 6-16% in his 35+ years as a real estate investor. His 2005 best-selling book, Building Wealth One House at a Time, assisted more than 100,000 real estate enthusiasts on their way to successful investing. His 2007 book, Building Wealth in a Changing Real Estate Market, is available online and in bookstores.
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.