EP152: A Chat with Real Estate Legend John Schaub

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John Schaub is an incredibly successful real estate investor with over 35 years of experience. His best-selling book, Building Wealth One House at a Time has helped over 100,000 people become successful real estate investors. John also leads seminars about strategies and tactics for success in real estate.

Since I started this show, I’ve had numerous requests to have John Schaub as a guest. Today, I’m excited to announce my interview with the real estate legend himself! On this episode of Investing in Real Estate, John is sharing his strategy for success, and how you can build wealth, beginning with just one house.

More About This Show
When asked what he would go back and tell a younger version of himself, John Schaub says that he would advise to purchase real estate investments one house at a time. This principle is the overarching theme of his book, Building Wealth One House at a Time.

John explains that many investors get ahead of themselves and try to overachieve. Trying to move too quickly can force an investor to lose control and ultimately have to take steps backward. Also, many investors use too much leverage, and in the event of a downturn lose all of their properties.

He urges investors to make conservative investments, and then leverage them wisely. He explains that he leverages his properties highly, which drives up his return rates. John elaborates that a property can be purchased with 80% financing, and still have cash flow if managed properly.

Throughout his storied career, John has invested in over ten states. He is an active investor who has avoided having a traditional job since college! He manages all of his real estate properties himself.

On today’s show, John is sharing how he finds great rental properties and reliable long-term tenants. We’ll discuss his very first real estate deal, and how his strategy has shifted throughout his career. John has so much wisdom to share; you won’t want to miss episode 152 of Investing in Real Estate!

If you’re ready to begin building a passive income through rental real estate, book a FREE call with our team today. We’re ready to talk about your goals and want to help you learn more about earning legacy wealth for you and your family.

On this episode you’ll learn:

  • How can you attract long-term tenants?
  • Why does John self-manage his properties?
  • How can you find motivated sellers interested in seller financing?
  • When can you finance a deal 100%
  • What are the two main sources that allow John to disregard traditional financing?
  • And much more!

Episode Resources
Realty Shares
Building Wealth One House at a Time by John Schaub
Building Wealth Buying Foreclosures by John Schaub
Building Real Estate Wealth in a Changing Market by John Schaub
The Snowball: Warren Buffett and the Business of Life by Alice Schroeder
Nothing Down by Robert Allen
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Great interview with real estate investor legend John Schaub.