Video Closed Captioning:
good morning good afternoon good evening
folks michael zuber one rental ahead of
time back with his good friend mr
millennial mike how you doing sir i’m
good thanks for having me on hey man we
have an important uh topic to discuss
i’d love to bat around with you uh you
brought it so i’ll let you kind of
outline it we’ll dive in together
sure yeah so there’s always brand new
people who are learning about real
estate and and developing the interest
and desire to become financially free or
to become a real estate investor and we
can’t pick the time when we woke up and
pulled ourselves out of the financial
matrix sometimes you pull yourself out
in the middle of uncertain times rising
interest rates and a potential upcoming
recession so my question to you is for
the brand new potential real estate
investor the newbie what should their
first three steps be or their first plan
of action be given the times we are in
right now
yeah so it’s funny what my basis of my
channel and my story whether it be my
first or second book i’m always thinking
about that person right that’s that’s
really what makes my channel different
right all these other channels they
eventually get too big for their
britches and they’re talking about you
know 100 units of this and 100 units of
that or whatever uh so let me let me
the beauty of my answer is it doesn’t
change so one sec
i have this thing called orat rules it
stands for one rental at a time rules
these seven rules
never change
bold letters italics never change and
they’re really simple number one focus
establish a buy box i don’t care if it’s
the start of a recession the greatest
bull market ever
brand new investor has to have a buy box
number two you have to have daily
discipline 20 minutes a day it never
stops i don’t care where the market is
20 minutes a day number three uh you
must grow your network look to add two
new people a week i don’t care if you’ve
been doing this for 20 days or 20 years
add more people number four the whole
goal
the whole goal of one rental at a time
is to learn what average deals are in
your buy box and then and only then do
good or great if we’re heading into a
recession good leaves the building we
only do great if we are in the a big
bull market then good or great wins so
the last two years good or great the
next two years great only five bad
things happen
sorry learn and move on number six you
are signing up for a five to ten year
commitment to make work optional this is
get rich uh not get rich quick it’s get
rich for sure and then finally number
seven
audit your network most of you new
investors fall down at number seven you
have people in your network spitting
fear
and it’s you you’ve got to get around
more positive people and that’s one of
the greatest surprises that i’ve seen
over the last three years is my private
facebook group that’s only out there for
students
because they’re all positive doing the
work asking questions networking so my
seven rules don’t change on the market
this is where i’m this these these
anchor me and anchor my channel
so shout out to the private facebook
group real quick if you’re watching this
video and you are i’ve already purchased
uh mike’s course and you’re in that
private facebook group leave a comment
down below for anybody who might watch
this because in my personal opinion if
you take the entire library of content
from mike’s course and you wiped it away
through it away and deleted it the cost
of purchasing the course would still be
worth it just to have access to the
facebook group because every question
you have somebody already did it and
they’re going to be in there not trying
to scam you sell you anything or take
advantage of you so mike i mean i know
you love your your your facebook group
but uh just expand upon that a little
bit in terms of the course yeah so again
i i love it when unintended consequences
happen so let’s just go back so again i
have a book i have a course i’m really
helping people thousands of people now
have changed their life
i have again i’m not a social media
expert i don’t edit videos i pay people
for thumbnails i don’t know what the
hell i’m doing half the time
i created a facebook group for one
reason i get asked a lot of questions
repeatedly so i’m like great why don’t i
create what you know my software world
was called an faq frequently asked
questions a repository
that’s what it was to me in the
beginning was a way for me to save time
and social media
when done correctly is amazing people
start sharing stories they start posting
postcards they start posting wins they
do actual deal reviews
uh they ask what they network the the
group now is like 12 or 1300 people
growing every week and now you’re seeing
people network in cities which is
phenomenal so i agree with you a 320
course is stupid low which is fine but
the facebook group again zero i could
charge for i won’t um
i just i call it the happiest place on
the internet if i ever i try to get to
it once a day i’m not perfect but i try
and um
i just i love everything that’s there
and now more and more of my experts like
yourself matt the lumberjack uh matt the
mortgage guy steve i’m just everybody
uh responds it’s um
yeah it’s
i’m just so thrilled and tickled every
time i go there and see another win or a
postcard or whatever it’s awesome
yeah so if you are a new investor if
you’re somebody who’s saying yourself i
really want to get started i’m not
exactly sure what to do buying the
course is a fantastic idea getting the
books reading the books watching the
youtube channel buying the course being
able to talk with other people there’s
guaranteed gonna be somebody in that
facebook group who lives in the same
state as you probably within the same
city it’s you uh so i would recommend
getting in there but ultimately what i
like going back to mike’s original
answer was being consistent if you look
up mike’s interview on bigger pockets
from 10 years ago which looks like it
was shot on a you know i don’t know 2007
nokia
probably rainy
bad lighting not as overwhelming
my cheeks were like this man i was fat
these were before the crossfit days and
mike said they decided to get shredded
um
but
what’s interesting is i watched this
interview maybe in the last six months i
watched his interview from way back in
the day and i thought it was so funny
how
it was the exact same message
10 11 years ago as it is today and the
market 10 11 years ago was was complete
180 from what it is today 2010 2011 was
way different than 2022. so when he says
the message doesn’t change the the goals
and principles you need to follow don’t
change and the plan of attack doesn’t
change it’s the exact same thing and if
you want the proof you can go back and
watch that video yeah
more on this yeah we should probably go
find the url and i’ll pin the comment
just so people again yeah my message
story doesn’t change again i’m a one
rental at a time guy i think it’s the
best way for most people i think you get
the four rentals that changes your life
um could i do a syndication could i do
this can i yeah but that’s not i’m
playing a different game
i’m trying to build something that lives
50 years after i’m dead and gone and
that’s expensive and time consuming you
have to be repetitive
um that’s why i go to the facebook group
to get that little dopamine hit every
day it keeps me going so yeah i think i
think that group’s awesome
so mike where do people find you
yeah so people can find me if you just
go on youtube instagram or google and
type in millennial mike you can find my
youtube channel most of what i talk
about is just helping people learn how
to invest out of state if you live on
the west coast east coast it’s too
pricey you want to invest somewhere else
more landlord friendly that’s what my
channel is about so check me out there
awesome thanks buddy