A Certified Financial Planner’s 3 Tips On How to Invest Without Getting a Bank Loan

In this episode, Michael and Tom speak with Zac Breverman about how to start investing and ways to get capital without taking a bank loan.    [email protected] --- Transcript   Michael: Hey everybody, welcome to another episode of The Remote Real Estate Investor. I'm Michael Albaum and today I'm joined by Tom Schneider and a very special guest, Zac Breverman. I'm gonna let Zac introduce himself today, but we're going to be talking about all things financial advisor related and how we as real estate investors can use some of the tips, tricks and resources, Zack is going to be sharing with us as rocket fuel for our investing. Let's get into it.   Theme song   Michael: Alright, so Zac Breverman, you are a financial advisor and certified financial planner, the executive vice president with Duncan Newman and Associates. Welcome to the show, man. So happy to have you.   Zac: Thank you. I'm really excited to be here.   Michael: And just so everybody knows, Zac, you and I go way back, we went to high school together, we went to Cal Poly together, we were roommates at Cal Poly. And for some reason I've known some you were still friends to this day.   Zac: I mean, you really locked me in here, and I couldn't help it. But just stick around. And it's been amazing to watch your journey throughout your real estate investing career that you've really paved the way for,   Michael: Right on. Thanks so much, man. So today, I would love it. Obviously, I know your story in your background, we're gonna be talking about Certified Financial Planning stuff, financial advisor type stuff, but we'd love for you to share with our listeners a little bit of background on you, and how you got into the CFP game. And then also a little bit about your investing background, because I know that you're also a real estate investor.   Zac: Yeah, definitely. So I've been a financial advisor for about nine years now. And really, it was one of those things where right after college, I was looking around at different career paths. And I noticed that in the financial advisor world, there were a couple things I really loved about it first part, obviously being able to work with clients and help them accomplish these goals. And I know it kind of sounds cheesy, but it is pretty incredible. To see people start to invest and kind of see those dreams turn into realities over time, no different than in real estate, right. So I really gravitated towards that. Not to mention, I do just love the investment side of it. I really love getting involved in picking mutual funds, or ETFs, or stocks or bonds for that matter and working with clients to figure out a portfolio and a game plan for them.   So I've been doing this for about, like I said 9-10 years now, during that period of time, I realized diversification is important in our in our portfolios that we manage for clients. And then I was looking at myself and how I manage my own portfolios. And I quickly realized that there's one big asset class that I thought was important to add to my portfolio. And so going back to 2015, I bought my first investment property, I say, give you an idea of where I live. I live out in Los Angeles in California, of course, and I found a property out in Texas outside of Houston, that turned out to be a really solid investment and own it to this day, and it's continuing to cashflow well and we've been continuing to look for opportunities from there.   More recently, I actually moved and was able to convert my previous primary residence to a rental. And so that's been a really fun adventure as I've not only turned it into a rental and started getting some nice income from it. But the fun part for me was it was local, and so I could actually manage it. So I was the one boots on the ground, found the renter setup the all of the processes it took to make sure collecting payments and making sure that if there's anything wrong at the property, I could fix it. And so it's been a