This week on the Alternative Investing Advantage podcast, Alex Perny welcomes expert investor John Schaub, who shares valuable investing strategies for building wealth. John emphasizes how long-term planning and focus are crucial in the real estate business. He also advocates that having a 20-year plan and staying focused on it can lead to significant wealth accumulation.
John advises those new to the field to get hands-on experience as property managers before buying their first property. This gives them real-world insight into how to deal with tenants, collect rent, and handle maintenance issues. He also shares beneficial investing strategies and tips that can help you save for retirement.
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About Our Guest
John Schaub
John Schaub has been a real estate investor for the past 35 years. He prospered during three recessions, four tax law changes, and interest rates ranging from 6-16%. His 2005 best-selling book, “Building Wealth One House at a Time”, assisted thousands of real estate enthusiasts to become successful investors. His 2007 book, “Building Wealth in a Changing Real Estate Market”, is available online and in bookstores. Learn more about John at JohnSchaub.com.
About Our Host
Alex Perny, CISP
Alex Perny is a business development specialist and host of Advanta IRA’s podcast, the Alternative Investment Advantage. He is a self-described policy geek who loves learning the rules and technical aspects of SDIRAs, employer plans, and IRS regulations.
For more than a decade, Alex has helped thousands invest in alternative assets. These include precious metals, real estate, private stock, notes, and countless others. Additionally, he has spoken to investors across the country about using retirement plans to invest outside the stock market. Alex believes so strongly in self-direction that he invests his own IRA and HSA in real estate and private equity.