Find Your Strategy, Scale Your Portfolio with Michael Albaum, Ep. 684

Michael Albaum began his real estate investing journey over a decade ago with turnkey single-family homes. Recognizing the power of real estate, he has spent the last 10+ years owning and operating a diverse portfolio, including condos, small and commercial multifamily properties, value-add projects, NNN-leased properties, and short- and mid-term rentals—even expanding into international investments.   While building his portfolio remotely, Michael worked a full-time job and developed a curriculum to teach others how to achieve financial freedom through real estate. He has since worked with thousands of investors worldwide, helping them navigate the complexities of investing and successfully build their own real estate portfolios.   In this episode, we talked to Michael about his journey on how he evolved as an investor, managing out-of-state properties, his investment strategies, value-add multifamily vs. triple net leases, his education program, and much more.   Get ready for REWBCON 2025, happening from April 10th to 12th! Use my code JOHN at checkout for 10% off your ticket.   Scaling in Real Estate;   02:31 Michael's background; 11:26 An insight into his evolution as an investor; 15:23 Tips on managing out-of-state assets; 18:57 More about Michael's investments; 21:14 Value-added multifamily vs. triple net leases; 23:08 About his education program; 25:57 Round of Insights   Announcement: Learn about our Apartment Investing Mastermind here.   Round of Insights   Apparent Failure: A redevelopment project going sideways. Digital Resource: Microsoft Excel. Most Recommended Book: Rich Dad Poor Dad. Daily Habit: Doing push-ups every morning. #1 Insight for scaling in real estate: It’s not as hard as it looks, just get started. Best place to grab a bite in San Francisco, CA: Burma Superstar.   Contact Michael: Website   Thank you for joining us for another great episode! If you’re enjoying the show, please LEAVE A RATING OR REVIEW,  and be sure to hit that subscribe button so you do not miss an episode.