One Rental At A Time Michael Zuber

In this episode, we explore the surprising new data on home prices, which have continued to rise despite expectations of a market downturn. We discuss the latest Case-Shiller report showing record highs, analyze the weekly inventory numbers from Altus Research, and delve into the Fed's stance on interest rates. Additionally, we touch on consumer confidence, economic trends, and the curious concept of a "vibe session." Tune in to get a comprehensive overview of the current real estate market and economic landscape.

[00:00] - Introduction to the episode and overview of topics including home prices and Altus Research.
[00:27] - Case-Shiller report reveals record-high home prices in April, with a 6.3% national increase.
[01:30] - Analysis of weekly inventory numbers and trends from Altus Research.
[02:28] - Discussion on the rise of price cuts and the slowing growth of inventory.
[03:14] - Impact of older listings expiring and being taken off the market.
[04:25] - Fed President Michelle Bowman's remarks on potential interest rate hikes.
[05:33] - Earnings reports: Carnival Cruise Lines' record performance and Airbus cutting its 2024 guidance.
[07:17] - Explanation of the "vibe session" concept and its implications for consumer sentiment.
[08:41] - Consumer concerns about inflation and the average credit card rate reaching 21%.
[09:31] - Consumer confidence data and insights from Bank of America on real estate transactions.


Altus Research: For weekly real estate inventory updates.
Case-Shiller Home Price Index: S&P Dow Jones Indices
TransUnion Report on Consumer Concerns: TransUnion
Bank of America Real Estate Analysis: Download the 54-year spreadsheet from One Rental at a Time.

Thank you for joining us in this episode. If you enjoyed the insights shared, please rate, follow, share, and review our podcast. Stay tuned for more updates and expert analyses on the real estate market and broader economic trends.



📖 BUY One Rental at a Time https://amzn.to/3jt3JFx
📣 Audible Version Here https://amzn.to/3jtLDTQ
OR
🏆 Buy 15 Conversations with Real Estate Millionaires https://amzn.to/3JwEsVm

Dion from Dion Talk is Narrator!!!
NOW ON AUDIBLE https://www.audible.com/pd/B0BDPSZW3Y/?source_code=AUDFPWS0223189MWT-BK-ACX0-322007&ref=acx_bty_BK_ACX0_322007_rh_us

📸 INSTAGRAM: Please follow. Daily original content! https://www.instagram.com/onerentalatatime/

📬 (MUST JOIN!) PRIVATE Facebook Group: One Rental at a Time Works
This is a VERY private group that is only available to my students of "How to Get Started One Rental at a Time" In the group, you will be around hundreds of other students all doing the work. Please introduce yourself when you join!
JOIN HERE: https://bit.ly/3tEQhRm

TEACHABLE COURSES: Join the THOUSANDS of students changing their financial future with DAILY execution!
💎 How to Get Started One Rental at a Time:
This course is changing lives! Investors focus and do the daily work required to learn their market and only do GOOD Deals.
JOIN HERE: https://bit.ly/3uDrkHq

💸 Get Money Right: This course is about making you the CFO of your money. It shows you how choices can keep you poor or set you free. It highlights your Financial Health Score and provides a monthly budget to help you track spending.
JOIN HERE: https://bit.ly/3wbN9yr

📲 MENTORING OPTION:
I built my courses to run without me but some folks find themselves in interesting situations and they want to ask questions directly. So after much thought I have created this option that includes one “30 Minute Mentoring” session that can be used at students request.
JOIN HERE: https://bit.ly/3hivsc5

✍️ FREE COURSE:
I put together a Free Course so people can get to know me a little more and have fun getting started with no cost.
JOIN HERE: https://bit.ly/3hdMbgK

📣AUDIOBOOK: https://amzn.to/3jtLDTQ
PLEASE LEAVE 5 Stars!
*** Tag me on IG with a book selfie!

In this episode, Matt the Lumberjack Landlord and Dion take over while Mike is on vacation to discuss the gritty realities of managing rental properties. From dealing with evictions and abandoned pets to navigating tenant issues and maintenance challenges, they share personal experiences and practical advice for landlords. They emphasize the importance of self-management, having contingency plans, and learning from past mistakes to streamline property management. Tune in to hear their stories and strategies for making the financial journey in real estate a bit smoother.

[00:00] - Introduction to the episode and overview of the topics: tenants, termites, and toilets.
[00:20] - Diane's preference for self-management and the reasons behind it.
[01:58] - Recent eviction experience and handling abandoned pets.
[03:36] - Importance of knowing state and local laws regarding tenant abandonment.
[04:52] - Dealing with tenants who leave pets and the role of law enforcement.
[05:59] - Addressing tenant education and setting clear expectations.
[07:58] - Planning for property damages and the importance of immediate action.
[09:39] - The math of time: Why allowing late rent payments can set tenants up for failure.
[11:17] - Differences between real estate investing and ownership in terms of effort and involvement.
[13:46] - Lessons learned from bad tenant decisions and the value of a structured approach.


Matt the Lumberjack Landlord on Instagram: Lumberjack Landlord
Dion Talk Financial Freedom: Dion Talk
Join the School Community: One Rental at a Time

Thanks for joining us in this insightful episode. If you enjoyed our discussion, please rate, follow, share, and review our podcast. Stay tuned for more practical advice and stories from the trenches of real estate investing.



📖 BUY One Rental at a Time https://amzn.to/3jt3JFx
📣 Audible Version Here https://amzn.to/3jtLDTQ
OR
🏆 Buy 15 Conversations with Real Estate Millionaires https://amzn.to/3JwEsVm

Dion from Dion Talk is Narrator!!!
NOW ON AUDIBLE https://www.audible.com/pd/B0BDPSZW3Y/?source_code=AUDFPWS0223189MWT-BK-ACX0-322007&ref=acx_bty_BK_ACX0_322007_rh_us

📸 INSTAGRAM: Please follow. Daily original content! https://www.instagram.com/onerentalatatime/

📬 (MUST JOIN!) PRIVATE Facebook Group: One Rental at a Time Works
This is a VERY private group that is only available to my students of "How to Get Started One Rental at a Time" In the group, you will be around hundreds of other students all doing the work. Please introduce yourself when you join!
JOIN HERE: https://bit.ly/3tEQhRm

TEACHABLE COURSES: Join the THOUSANDS of students changing their financial future with DAILY execution!
💎 How to Get Started One Rental at a Time:
This course is changing lives! Investors focus and do the daily work required to learn their market and only do GOOD Deals.
JOIN HERE: https://bit.ly/3uDrkHq

💸 Get Money Right: This course is about making you the CFO of your money. It shows you how choices can keep you poor or set you free. It highlights your Financial Health Score and provides a monthly budget to help you track spending.
JOIN HERE: https://bit.ly/3wbN9yr

📲 MENTORING OPTION:
I built my courses to run without me but some folks find themselves in interesting situations and they want to ask questions directly. So after much thought I have created this option that includes one “30 Minute Mentoring” session that can be used at students request.
JOIN HERE: https://bit.ly/3hivsc5

✍️ FREE COURSE:
I put together a Free Course so people can get to know me a little more and have fun getting started with no cost.
JOIN HERE: https://bit.ly/3hdMbgK

📣AUDIOBOOK: https://amzn.to/3jtLDTQ
PLEASE LEAVE 5 Stars!
*** Tag me on IG with a book selfie!

🧢 MERCH:
I have created some fun merchandise designed by my daughter.
Check out Merch Page here: https://one-rental-at-a-time.myshopify.com/

In this episode, we discuss Danielle DiMartino Booth's bold prediction that the recession will be backdated to October 2023. We delve into the implications of being nine months into what she predicts to be an eleven-month recession, the recent global interest rate cuts, and the dynamics of the current housing market. We also examine recent economic indicators like mortgage applications, unemployment rates, and consumer behavior, particularly in the context of potential deflationary trends in car sales. Join us as we unpack these complex topics and their potential impact on the economy.

[00:00] - Introduction and Danielle DiMartino Booth's recession prediction.
[00:48] - The significance of being nine months into a predicted eleven-month recession.
[02:07] - Global interest rate cuts: Switzerland, ECB, Sweden, and potential Fed actions.
[03:55] - Earnings reports: Darden Restaurants' revenue miss and Ruth's Chris Steakhouse acquisition.
[05:13] - Weekly unemployment claims and their implications for the economy.
[06:10] - Car prices and the potential for a deflationary spiral in consumer behavior.
[07:13] - Mortgage application trends and their significance for the housing market.
[08:44] - Homebuilder confidence and housing starts data.
[11:21] - Consumer spending and household net worth analysis.
[13:33] - The importance of addressing supply issues in the housing market.


Danielle DiMartino Booth: Fed Up
Great Mortgage Broker: GreatMortgageBroker.com for pre-approvals and mortgage advice.
Join the School Community for live sessions: School Community.

Thank you for tuning in to this episode. If you found our discussion insightful, please rate, follow, share, and review our podcast. Stay connected for more in-depth analyses and expert advice on navigating these challenging economic times.



📖 BUY One Rental at a Time https://amzn.to/3jt3JFx
📣 Audible Version Here https://amzn.to/3jtLDTQ
OR
🏆 Buy 15 Conversations with Real Estate Millionaires https://amzn.to/3JwEsVm

Dion from Dion Talk is Narrator!!!
NOW ON AUDIBLE https://www.audible.com/pd/B0BDPSZW3Y/?source_code=AUDFPWS0223189MWT-BK-ACX0-322007&ref=acx_bty_BK_ACX0_322007_rh_us

📸 INSTAGRAM: Please follow. Daily original content! https://www.instagram.com/onerentalatatime/

📬 (MUST JOIN!) PRIVATE Facebook Group: One Rental at a Time Works
This is a VERY private group that is only available to my students of "How to Get Started One Rental at a Time" In the group, you will be around hundreds of other students all doing the work. Please introduce yourself when you join!
JOIN HERE: https://bit.ly/3tEQhRm

TEACHABLE COURSES: Join the THOUSANDS of students changing their financial future with DAILY execution!
💎 How to Get Started One Rental at a Time:
This course is changing lives! Investors focus and do the daily work required to learn their market and only do GOOD Deals.
JOIN HERE: https://bit.ly/3uDrkHq

💸 Get Money Right: This course is about making you the CFO of your money. It shows you how choices can keep you poor or set you free. It highlights your Financial Health Score and provides a monthly budget to help you track spending.
JOIN HERE: https://bit.ly/3wbN9yr

📲 MENTORING OPTION:
I built my courses to run without me but some folks find themselves in interesting situations and they want to ask questions directly. So after much thought I have created this option that includes one “30 Minute Mentoring” session that can be used at students request.
JOIN HERE: https://bit.ly/3hivsc5

✍️ FREE COURSE:
I put together a Free Course so people can get to know me a little more and have fun getting started with no cost.
JOIN HERE: https://bit.ly/3hdMbgK

📣AUDIOBOOK: https://amzn.to/3jtLDTQ
PLEASE LEAVE 5 Stars!
*** Tag me on IG with a book selfie!

🧢 MERCH:
I have created some fun merchandise designed by my daughter.
Check out Merch Page here: https://one-rental-at-a-time.myshopify.com/

In this episode, we dive deep into the current shifts in the housing market. Our hosts discuss the increasing days on market for homes, how wishful pricing is affecting sales, and the emerging opportunities for buyers as the market trends towards normalcy. We also explore the dynamics of mortgage applications, the impact of higher insurance premiums in California, and practical advice for buyers navigating these changes. Tune in to hear our experts share their insights and predictions for the future of real estate.

[00:00] - Introduction and catching up on the real estate market after some time off in New York.
[00:38] - Discussion on current market trends: increasing days on market and the necessity for competitive pricing.
[02:07] - Experiences with offers on properties: the rise of "disrespectful" offers and seller reactions.
[03:12] - The seasonal slowdown and the strategy shift for buyers, including the importance of making money when you buy.
[04:34] - Insight into mortgage applications and open house observations indicating a softer market.
[06:05] - The importance of working with professionals and paying attention to market details.
[06:09] - Update on the California insurance market: higher renewal offers and the availability of more companies.
[08:05] - Advice on evaluating insurance policies and the significance of extended replacement cost coverage.
[11:07] - Contact information for mortgage pre-approvals and the benefits of early financial planning.
[12:01] - Upcoming events: live school sessions on mortgage details and creative financing.


Contact Elaine for insurance advice: (559) 696-9196 or Elaine at Fast Savings (email: elaine@fastsavings.com).
Great Mortgage Broker: GreatMortgageBroker.com for pre-approvals and mortgage advice.
Join the School Community for live sessions: School Community.

Thank you for joining us in this insightful episode. If you enjoyed the discussion, please rate, follow, share, and review our podcast. Stay tuned for more updates and expert advice on navigating the ever-changing real estate market.



📖 BUY One Rental at a Time https://amzn.to/3jt3JFx
📣 Audible Version Here https://amzn.to/3jtLDTQ
OR
🏆 Buy 15 Conversations with Real Estate Millionaires https://amzn.to/3JwEsVm

Dion from Dion Talk is Narrator!!!
NOW ON AUDIBLE https://www.audible.com/pd/B0BDPSZW3Y/?source_code=AUDFPWS0223189MWT-BK-ACX0-322007&ref=acx_bty_BK_ACX0_322007_rh_us

📸 INSTAGRAM: Please follow. Daily original content! https://www.instagram.com/onerentalatatime/

📬 (MUST JOIN!) PRIVATE Facebook Group: One Rental at a Time Works
This is a VERY private group that is only available to my students of "How to Get Started One Rental at a Time" In the group, you will be around hundreds of other students all doing the work. Please introduce yourself when you join!
JOIN HERE: https://bit.ly/3tEQhRm

TEACHABLE COURSES: Join the THOUSANDS of students changing their financial future with DAILY execution!
💎 How to Get Started One Rental at a Time:
This course is changing lives! Investors focus and do the daily work required to learn their market and only do GOOD Deals.
JOIN HERE: https://bit.ly/3uDrkHq

💸 Get Money Right: This course is about making you the CFO of your money. It shows you how choices can keep you poor or set you free. It highlights your Financial Health Score and provides a monthly budget to help you track spending.
JOIN HERE: https://bit.ly/3wbN9yr

📲 MENTORING OPTION:
I built my courses to run without me but some folks find themselves in interesting situations and they want to ask questions directly. So after much thought I have created this option that includes one “30 Minute Mentoring” session that can be used at students request.
JOIN HERE: https://bit.ly/3hivsc5

✍️ FREE COURSE:
I put together a Free Course so people can get to know me a little more and have fun getting started with no cost.
JOIN HERE: https://bit.ly/3hdMbgK

📣AUDIOBOO

In this episode, we explore the latest housing market forecasts from Zillow and Redfin, with Zillow's forecast being 20% worse than Redfin's. We also discuss Neel Kashkari's comments on potential rate cuts and their implications for the housing market. Additionally, I share insights from Russell Brunson’s thought-provoking question about personal and professional success over the next three years. We touch on key economic indicators and highlight upcoming events in the One Rental at a Time community.

[00:00:00] - Introduction and East Coast Experience


Sharing my experience on the East Coast and the early start to the day.

[00:00:20] - Fed’s Potential Rate Cuts and Economic Outlook


Neel Kashkari’s comments on possible rate cuts in December and the importance of upcoming unemployment claims data.

[00:02:00] - Zillow vs. Redfin Housing Forecasts


Analyzing Zillow’s forecast, which predicts a 1.2% decline in home prices, 20% worse than Redfin’s 1% decline prediction.

[00:04:26] - Impact of Mortgage Rates and Fed Policy


Discussing the potential effects of mortgage rate changes and Fed policies on the housing market.

[00:05:14] - Thought-Provoking Quote from Russell Brunson


Reflecting on Russell Brunson’s question about what needs to happen personally and professionally in three years to feel happy with your progress.

[00:07:02] - Historical Home Return Analysis


Reviewing Reggie Club’s analysis on the average five-year return on US homes since 1975 and the amplified returns with leverage.

[00:08:05] - Housing as a Key Election Issue


Considering the impact of housing affordability on the upcoming elections and whether millennials and Gen Z will turn out to vote.

[00:09:32] - Empire State Manufacturing Survey


Examining the latest data from the New York Fed’s Empire State Manufacturing Survey and its implications for the economy.

[00:10:28] - Community Updates: Sessions with Dion and Lumberjack Landlord


Announcing upcoming sessions with Dion and the Lumberjack Landlord in the One Rental at a Time school community.

[00:11:56] - Call for Accountability Group Leaders


Encouraging school members to start accountability groups and network within the community.


One Rental at a Time Community - Join the community for support, networking, and access to expert sessions.
Contact Information for Dion and Lumberjack Landlord - Available within the One Rental at a Time school community.

If you enjoyed this episode, please rate, follow, share, and review the podcast. Your support helps us bring more insightful content to you every week. Reflect on what you need to achieve personally and professionally in the next three years and take action today. Join the One Rental at a Time community to connect with like-minded individuals and stay motivated. Have an amazing day!



📖 BUY One Rental at a Time https://amzn.to/3jt3JFx
📣 Audible Version Here https://amzn.to/3jtLDTQ
OR
🏆 Buy 15 Conversations with Real Estate Millionaires https://amzn.to/3JwEsVm

Dion from Dion Talk is Narrator!!!
NOW ON AUDIBLE https://www.audible.com/pd/B0BDPSZW3Y/?source_code=AUDFPWS0223189MWT-BK-ACX0-322007&ref=acx_bty_BK_ACX0_322007_rh_us

📸 INSTAGRAM: Please follow. Daily original content! https://www.instagram.com/onerentalatatime/

📬 (MUST JOIN!) PRIVATE Facebook Group: One Rental at a Time Works
This is a VERY private group that is only available to my students of "How to Get Started One Rental at a Time" In the group, you will be around hundreds of other students all doing the work. Please introduce yourself when you join!
JOIN HERE: https://bit.ly/3tEQhRm

TEACHABLE COURSES: Join the THOUSANDS of students changing their financial future with DAILY execution!
💎 How to Get Started One Rental at a Time:
This course is changing lives! Investors focus and do the daily work required to learn their market and only do GOOD Deals.
JOIN HERE: https://bit.ly/3uDrkHq

💸 Get

In this episode, we dive into the current state of the housing market, emphasizing the importance of writing aggressive offers and understanding market dynamics like days on market and price reductions. We discuss notable examples, such as Derek Jeter's significant price cut on his luxury home, to illustrate the opportunities available in the market. Additionally, I share insights on global economic trends, millionaire migration patterns, and offer personal reflections on what would make the next three years successful both personally and professionally.

[00:00:00] - Importance of Aggressive Offers in the Housing Market


Emphasizing the need to write aggressive offers and understand key market indicators like inventory and days on market.

[00:01:20] - Example of a Disrespectful Offer: Derek Jeter’s Home Sale


Discussing Derek Jeter’s sale of his property at a 50% discount, highlighting the importance of identifying motivated sellers.

[00:02:30] - Benefits of a Slowing Market


Explaining why a slowing housing market can be advantageous for both real estate investors and home buyers.

[00:04:17] - Community Updates: Sessions with Dion and Lumberjack Landlord


Announcing upcoming sessions with Dion and the Lumberjack Landlord in the One Rental at a Time school community.

[00:06:04] - UK Inflation and Potential Rate Cuts


Analyzing recent inflation data from the UK and discussing the possibility of upcoming rate cuts.

[00:07:26] - Millionaire Migration Trends


Highlighting the Henley Private Wealth report on where millionaires are moving and which countries are losing high net worth individuals.

[00:08:54] - Claudia Sahm’s Warning to the Fed


Sharing Claudia Sahm’s caution about the Fed’s risk in not gradually cutting rates.

[00:09:33] - Juneteenth and Market Closures


Recognizing Juneteenth and noting the closures of major markets and institutions in observance of the holiday.

[00:09:54] - Home Price Reductions in Key Cities


Reporting on recent home price reductions in San Antonio, Austin, and Tampa, and the role of increasing inventory.

[00:10:36] - AvalonBay’s Low Move-Out Rates


Discussing AvalonBay’s report of record low move-out rates among renters due to high unaffordability of buying homes.

[00:11:01] - Personal and Professional Success in Three Years


Reflecting on what would make the next three years successful for me both personally and professionally, including growing the school community and continuing to provide valuable content.


One Rental at a Time Community - Join the community for support, networking, and access to expert sessions.
Contact Information for Dion and Lumberjack Landlord - Available within the One Rental at a Time school community.

If you enjoyed this episode, please rate, follow, share, and review the podcast. Your support helps us bring more insightful content to you every week. Join the One Rental at a Time community to connect with like-minded individuals and take consistent action towards your real estate goals. Have an amazing day and keep pushing forward!





📖 BUY One Rental at a Time https://amzn.to/3jt3JFx
📣 Audible Version Here https://amzn.to/3jtLDTQ
OR
🏆 Buy 15 Conversations with Real Estate Millionaires https://amzn.to/3JwEsVm

Dion from Dion Talk is Narrator!!!
NOW ON AUDIBLE https://www.audible.com/pd/B0BDPSZW3Y/?source_code=AUDFPWS0223189MWT-BK-ACX0-322007&ref=acx_bty_BK_ACX0_322007_rh_us

📸 INSTAGRAM: Please follow. Daily original content! https://www.instagram.com/onerentalatatime/

📬 (MUST JOIN!) PRIVATE Facebook Group: One Rental at a Time Works
This is a VERY private group that is only available to my students of "How to Get Started One Rental at a Time" In the group, you will be around hundreds of other students all doing the work. Please introduce yourself when you join!
JOIN HERE: https://bit.ly/3tEQhRm

TEACHABLE COURSES: Join the THOUSANDS of students changing their financial f