Video Closed Captioning:
michael zuber one rental at a time it is
saturday december
4th i almost said december 3rd december
4th every day is saturday
especially on saturdays hope you’re
having a wonderful day wonderful weekend
a couple of quick announcements first
and foremost to all of you that listen
to my videos on my podcast yes podcast
one rental at a time
we just crossed two
million listens folks if you don’t know
my podcast is made up of videos right
here from youtube so if you’d rather
listen
they are available on a podcast platform
they are about a week late
as my team grabs them from the weekend
and loads them next week but that is
available for you thank you for
listening it is amazing to see uh that
we had over a hundred and ten thousand
listens in seven days so thank you all
for that
next up we gotta congratulate someone
else who is doing the work this is a
special story folks this is one of my
experts tai if you don’t know tai uh ty
and his wife just had a little baby boy
named jordan and what does ty do tai
goes out and gets a rental property for
jordan so
jordan you are days old and you already
own a rental property i am proud of you
ty and your wife congratulations hope
all is doing well ty remember your wife
did all the hard work so make sure you
take care of her and again jordan
congratulations your card will go out in
the mail today
i look forward to your selfie maybe ask
your dad to hold the phone because you
probably can’t hold the phone yet but
your dad will take care of it so thank
you for that if you know ty leave a
comment below send him a text uh
congratulating him he
he he let that slide by he didn’t tell
me that was coming so i got to give him
a hard time for that
uh if you haven’t been paying attention
to the crypto world wow
i can’t believe people still invest in
crypto on margin what the heck are you
people doing in 24 hours
2.4
billion dollars went
poof
folks if you are in margin in a crypto
market and it has a nasty sell-off like
it did in the last 12 hours
you’re going to get what you deserve
if you are gambling if you are trading
i’ve been trying to highlight
my experience from 20 years ago to
hopefully save some of you
it sounds like it is not working but i
am going to uh keep trying so it
actually is 2.25 billion so i i would i
was over i exaggerated 2.25 billion not
2.5 but yeah
2.25 billion dollars gone
yesterday at about
seven o’clock pacific or maybe a six
o’clock pacific you had your money by 6
a.m you don’t have your money so lots of
people who thought they had hundreds of
thousands of dollars in an account we’ll
wake up this morning and see it is all
gone
um
600 million in positions in bitcoin and
for all of you trading dogecoin that
useless coin that has no use cases no
development team
billions of coins coming out every
seemingly week or month
25 million dollars in dogecoin went poof
overnight i hope you are not investing
on margin if you want to own this stuff
own this stuff
i don’t know what to tell you man
terrible
next up kathy wood
i actually went back and verified that i
did this i did a kathy wood arc
investment
video about six months ago you can look
it up on my channel just type in kathy
wood
basically highlighting
that her investment strategy was going
to
run amok
uh that kathy woods wood’s five-year
horizon
could prove correct
but a lot of her
investors
would get washed out because it is not a
straight line between today and five
years from now no matter how hard kathy
wood wants to say it’s going to be and
technology is going to leverage the
world and do all of these great things
blah blah blah blah
that’s not how the stock market works we
have
cycles where it’s risk on risk off and
if you invested in ark or kathy woods
stocks you are feeling the pain
and again i brought this up six months
ago all the videos are here you can look
it up and yep
right again uh just for example zoom
stock down 16.5
etsy down 20 doordash down 16 roku down
13 and i hope none of you are invested
in docusign
ouch 42
most of those companies right there
don’t make any money
they lose money
when we go risk off
multiples crash
it doesn’t matter what your growth rate
is you could be growing a hundred
percent a year but you’re losing five
bucks you’re still losing five bucks
yeah
so next week what do we got do we have
more pain ahead
do we have anybody watching this channel
that’s like i’m buying the dip 8 a.m 7
30 a.m whatever it is monday morning
anybody buy the dip friday afternoon
you got some you got some stones if you
did that uh as for earnings next week we
have some that could be a tell starts
off hot and heavy with software a
particular part of the market that is
getting hammered we have mongodb and
copa software
again this will kind of lead the way do
we have more salesforce.coms on our hand
where they have weak expectations or
is something else happening tuesday we
have toll brothers high-end homes
for me
i want to hear about the supply chain
because right now toll brothers
timelines are
have to be increasing
windows
8 to 30 weeks even if your toll brothers
that’s got to be a problem so it’ll be
interesting to hear about the supply
chain i want to hear about stitch fix
stitch fix has been one of these it’s
really a clothing company but has a
technology side
they missed two quarters ago i think
they missed bad last quarter they
exceeded
so it would be interesting to see
then we have a security software company
sentinel one again i don’t know anything
about their technology but if there is a
last bastion of
hope in the software space it has to be
security
so we’ll be interesting to see if
sentinel one comes out and says hey
everything’s good over here
or they come out and say wow we are
feeling the same pain as for example uh
salesforce.com
wednesday
campbell soup it will be interesting to
hear about campbell’s soup are people
afraid again is the media making a big
deal of 30 cases and making mom and dad
stay home or have we had enough and it
should be like 9 11 and take this
nonsense off our tv
campbell soup could be a
a discussion for that
restoration hardware this is a company
for me that is a sign of the k-shape
recovery
i personally believe
in the k-shape recovery as it sits today
two years later the top end of the k is
done spending
they’ve bought the second home they’ve
moved if they want to i think the top
end of the k is very nervous about
what’s coming the bottom end of the k
getting destroyed
by inflation absolutely destroyed i do
not think this bodes well for rh who
knows not financial advice i’m looking
at it from a real estate angle
and
restoration hard will be interesting and
not so much the last chord but what are
they saying going forward and then the
king of all meme stocks gamestop comes
out is gamestop ever going to have a
plan a new business plan or are they
just going to keep selling stock into
waves of retail buyers and reddits and
wall street bets and all that stuff
seems like they’ve had a new executive
team for six months and i haven’t seen a
plan so we’ll see
thursday we’ve got costco
again i think big kind of discount
retailers are winning today costco is
one of them chewie obviously a fan of
pets and online
so see what’s going on with all of us
adopting pets the last couple of years
and then lululemon comes out is the high
end still
interested or have we gone to levi’s
instead of exercise gear lululemon could
indicate that because again levi’s was
levi’s earnings what three weeks ago
we’re pretty solid so it’ll be
interesting
uh and then friday
friday is going to be the big day of the
week
we have cpi coming out once again
last last month it was 6.2 percent
it is expected to be 6.2 percent again
i want to play over under with you right
now
let’s call it 6.2
do you want the over
or the under
you know where i’m going i’m going the
over it’s
i’m going to go 6.4
so i’m taking the over we’ll see if you
guys want we got somebody already for
the under under is not a bad guess right
oil gas heating
not so bad maybe
you know it really could
but i’m taking the over
and actually if you really want to have
some fun and you’re taking over with me
let’s pick a number
let’s pick a number 6.7 point i don’t
think it goes any higher than that
um yeah
i’m gonna go 6.4 so let me know what you
think comments below let’s have some fun
with it friday is the big day not only
do we have cpi
we have consumer sentiment
consumer sentiment
is an important one
because
we’re going to start to see in the
numbers
what the impact of inflation is
we probably won’t see the impact of this
new strain just yet that’s it’s probably
it came on too late right it wasn’t in
the data when they were doing it but i
believe
um
i believe we’re gonna see
inflation really hit consumer sentiment
this month and it’s going to disappoint
again remember consumers are those
fickle beings that they say one thing
and sometimes they do the other
um
i would uh
tell you again q4 is going to be bank
gangbusters
uh retail sales and we’re going to
suffer next year but we’re in it enjoy
it but yeah i think consumer sentiment
is going to be bad i think inflation is
going to be hot friday is a big big day
others are now expecting what i expect
in holiday sales they are saying that
the expectation is holiday sales will be
up 11.5 percent i agree with that more
people buying buying early and those
darn retailers there are no discounts to
be had
yeah not advertising record profits lots
of sales what’s on the shelf if it’s not
nailed down they’ll sell it it’s going
to be very very interesting
looks like uh powell and yellen are
finally admitting that when you spend
2.2 2.2 trillion dollars it actually
might impact inflation
some of this stuff is
if it wasn’t so sad it would be
laughable
folks when you spend 2.2 trillion
dollars and you’re not making anything
you’re just adding more
currency or dollars
inflation is the only outcome
very very shocking
inflation is proving to be very sticky
inflation becomes a problem becomes
permanent when consumers
change behavior
inflation is transitory when people go
ah it’s a blip
they don’t change behavior inflation has
been racing higher for quarters not
months not weeks quarters now
and we have quarters to go
inflation becomes a problem at the
bottom first
and it is an epidemic or a huge problem
or whatever the fancy vocabulary word is
it’s nasty
it is now impacting the middle class
the middle class is now having to down
select
it takes a lot to fill up a car it takes
a lot to feed a family it takes a lot to
rent a lot of this a lot to that
and it’s not going to get any better
anytime soon
it doesn’t it i don’t feel good saying
that but that is where we are
it is um
yeah
you know
again i would move christmas to july i
think next july we’re going to see
significant discounts at retailers and
all of those things
it is going to be interesting
and then finally
fhfa put out a report of the top 100
metros in the country
thank you this was actually shared in my
private facebook group thank you for
sharing it
again folks remember last year this time
people were calling for a real estate
crash a real estate crash some were
calling for upwards of 40
we battled them we told them this that
the other didn’t listen
the 100th
100th so we’re gonna do the top five and
the bottom five and again the reports
out there just type in
fhfa top 100 markets you will get the
report if you’re in my group it’s there
it was posted yesterday afternoon
so again the number one the slowest
growing market
9.9 percent
doesn’t feel like a crash to me
that was philadelphia philadelphia came
in at 9.9 percent number 99 washington
dc
10.5 percent
of the top 100 markets only one
was under 10
and that was philly at 9.9
these people that scared you caused you
to do nothing
fear sells and you got got
do the work do the math it’s all there
so again d washington dc 10.5 number 98
baltimore at 11.1
97 baton rouge louisiana that’s just a
fun word to say baton rouge
11.7 and number 96
chicago 12.1
now let’s go to the top five we will go
from the bottoms up or five up
stockton california i hope all of you
own some stuff in stockton
28.8 percent folks if you owned a 200
000 house
in stockton california you made 50 grand
not a bad day
actually you made more than that you
almost made 60 grand
phoenix
smoke in phoenix
28.9
austin texas for all of you people
investing in texas i hope you are in
austin
33.8 percent
33.8 percent
fort myers florida that was kind of fun
fort myers i don’t know is that how they
say it i have no idea
fort myers florida
34.7 percent
and the big boy of the year you probably
can guess i had an economist from this
city or state on the channel talking
about what is going on in the economy
boise
37.3
percent
just because i had the list of top 100 i
wanted to look at two others i want to
look at san francisco
i think san francisco is in big trouble
i think the local government has allowed
that city to become a cesspool and is
getting worse not better
uh san francisco still came in
it still came in
it still came in
at
20.2 percent
uh no i’m sorry
never mind that’s the other one san
francisco came in at 12.8 percent 12.8
12.8 percent in a city that is
falling apart
and then number 29
fresno california for those that watch
the channel you know why fresno is
important
20.2 percent
yes if you happen to own say i don’t
know 10 million bucks in real estate in
fresno and it went up 20
that’s not a bad day
i’m just saying
as for other cities like las vegas and
the like you can get the report yourself
i wasn’t going to sit here and read all
100
if you’re in my private facebook group
you can pull up the post it was posted
yesterday
but yeah pretty amazing stuff
again focus buy box daily discipline do
the work
cash flow day one
30-year debt this is a simple process
some people over complicate it
some people want to be
lulled and some people just want to be
want others to suffer right oh 40 crash
i can’t wait to you know mike zuber
loses his butt
i don’t know whatever
but in the end folks we will be going
live in about 12 minutes your questions
my answers i hope you appreciate this
remember the goal of the channel we are
going to help one million people this is
my life’s mission to help one million
people
close on their first or next deal yes
i’m spending money i’m investing in this
stuff because i want you
to get on the property ladder i’m hoping
you get to four that’s the goal this is
everything i’m trying to do so
um jeffrey we’re wishing we’re pulling
for you have a wonderful day man i hope
all is well keep keep
keep getting better man keep getting
better so folks again remember one
million people but i can’t do it alone i
need your help share these videos ask
them to join the lives have some fun ask
questions get engaged buy the book
instagram linkedin website all that
great stuff
have some fun have some fun this weekend
take care bye