The Short Term Show

Dig Your Well Before You’re Thirsty with Michael Albaum


Listen Later

Michael Albaum is a professional Program Manager, real estate investor and the Head Real Estate Coach at Roofstock, where he works with real estate investors in their paths to making acquisitions and getting started in the industry. He has worked in the real estate world for almost a decade and has worked across many different markets and investment types from SFR to NNN commercial properties. He is a true expert when it comes to overcoming your mistakes, and really making the most out of every one of your units.

 

Avery and Michael speak about his diverse range of real estate assets from the Smokey Mountains to Alaska. He also speaks frankly about some of the hurdles he faced early on, and how he was able to lick his wounds and take the necessary steps to become the successful person that he is today. They also discuss the importance of finding your niche rather than having units that span across too many territories, and the benefits of doing a 1031 exchange of more stressful units. Michael additionally stresses the importance of diversifying your income streams and how doing so will open you up to a world of possibility. 

 

Key Topics

  • Perks of narrowing down your market focus
  • How to mitigate risk
  • Benefits of breaking down monthly financial responsibility
  • Perks of renting in Alaska
  • How to take some licks and move on
  • Tips for getting rid of stressful units
  • Michael’s role with Roofstock
  • Importance of having multiple income streams
  • Why STR are a savings account
  • Value of networking
  •  

    Roofstock

    Rich Dad, Poor Dad

    The Short Term Shop University

    The Short Term Shop Facebook Group

    IGMS

    Your Porter

    Smart BnB

    OwnerRez

    Beyond Pricing

    Pricelabs

    HostGPO

    ...more
    View all episodesView all episodes
    Download on the App Store

    The Short Term ShowBy 8 Figure Airbnb and Short Term Rental Real Estate Investor Avery Carl

    • 4.9
    • 4.9
    • 4.9
    • 4.9
    • 4.9

    4.9

    425 ratings


    More shows like The Short Term Show

    View all
    BiggerPockets Real Estate Podcast by BiggerPockets

    BiggerPockets Real Estate Podcast

    16,790 Listeners

    Real Wealth Show: Real Estate Investing Podcast by Kathy Fettke / RealWealth

    Real Wealth Show: Real Estate Investing Podcast

    401 Listeners

    Rental Income Podcast With Dan Lane by Rental Income Podcast

    Rental Income Podcast With Dan Lane

    829 Listeners

    Tax Smart Real Estate Investors Podcast by Hall CPA

    Tax Smart Real Estate Investors Podcast

    417 Listeners

    Real Estate Investing with Coach Carson by Chad Coach Carson

    Real Estate Investing with Coach Carson

    607 Listeners

    Thanks For Visiting by Airbnb Superhosts Annette Grant & Sarah Karakaian

    Thanks For Visiting

    573 Listeners

    Ken McElroy Show by Ken McElroy

    Ken McElroy Show

    720 Listeners

    Real Estate Rookie by BiggerPockets

    Real Estate Rookie

    1,836 Listeners

    Short Term Rental Secrets Podcast by MICHAEL SJOGREN

    Short Term Rental Secrets Podcast

    15 Listeners

    BiggerPockets Daily by BiggerPockets

    BiggerPockets Daily

    321 Listeners

    On The Market by BiggerPockets

    On The Market

    895 Listeners

    Bill Faeth Unfiltered by Bill Faeth

    Bill Faeth Unfiltered

    100 Listeners

    Short Term Rental Management by 8 Figure Airbnb and Short Term Rental Real Estate Investor Luke Carl

    Short Term Rental Management

    283 Listeners

    The BetterLife Podcast by Brandon Turner and Cam Cathcart

    The BetterLife Podcast

    834 Listeners

    The David Greene Show by David Greene

    The David Greene Show

    687 Listeners