How to Successfully Navigate The Long Distance Investing Landscape - Michael Albaum

Are you an Accredited Investor that's tired of getting crushed by paying so much in income tax? Find out how we're helping others like you keep Uncle Sam out of your pocket. Go to https://www.firstgencp.com/goinglong Going Long Podcast Episode 221: How to Successfully Navigate The Long Distance Investing Landscape In the conversation with today's guest, Michael Albaum, you'll learn the following:   [00:37 - 04:09] Show introduction with comments from Billy. [04:09 - 07:08] Guest introduction and first questions. [07:08 - 14:20] The backstory and decisions made that led Michael to this point in his journey. 14:20 - 20:31] Why Michael made the contrarian decision to invest beyond his own backyard and out of State in Real Estate rather than sticking with his local market locations, and how you can know if it's the right thing for you to do too.. [20:31 - 23:29] How Michael's real asset investing is aligned with the way he likes to live his life. [23:29 - 28:59] What Michael means when he says "If it's not easy to do now, it's not worth doing". [28:59 - 36:02] Some of the tactical elements of investing that Michael helps his students with. [36:02 - 49:05] How people are using technology to facilitate their long distance investments, and what some of the risks can be in not being local to where you investment properties are. Here's what Michael shared with us during today's conversation:    Where in the world Michael is based currently: San Francisco Bay, California. The most positive thing to happen in the past 24 hours: Michael found out that he may be able to buy his neighbor's property which has just come up on the market. Favourite European city: Sagres, Portugal. A mistake that Michael would like you to learn from so that you don't have to pay full price: Get out there and make some mistakes, learn from those mistakes and alo learn from the mistakes and success of other people. Book Recommendation: Rich Dad Poor Dad, by Robert Kiyosaki. Be sure to reach out and connect with Michael Albaum by using the info below:   LinkedIn: https://www.linkedin.com/in/michael-albaum-297a8534  Websites: https://www.roofstockacademy.com/ and https://www.roofstock.com/  Twitter: https://twitter.com/MichaelAlbaum?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor    To see the Video Version of today's conversation just CLICK HERE.   How to leave a review for The Going Long Podcast: https://youtu.be/qfRqLVcf8UI    Start taking action TODAY so that you can gain more Education and Control over your financial life.   Are you an Accredited Investor that's tired of getting crushed by paying so much in income tax? Find out how we're helping others like you keep Uncle Sam out of your pocket. Go to https://www.firstgencp.com/goinglong   Be sure to connect with Billy!  He's made it easy for you to do…Just go to any of these sites:   Website: www.billykeels.com Youtube: billykeels Facebook: Billy Keels Fan Page Instagram: @billykeels Twitter: @billykeels LinkedIn: Billy Keels