John Schaub and Michael Morrongiello are considered some of the best in this business. Their long tenure in the real estate investing industry and the properties under their belt speak for just how resilient they are even in a down market. John himself has survived five recessions, four tax law changes, and high interest rates in his almost forty years as an investor.

Michael on the other hand, specializes in rentals and what we call paper investments, and conducts his business in the tough and expensive Bay Area. He also considers himself a student of John’s as he has learned plenty from John’s books and seminars.

Today, John and Michael discuss how their businesses thrive in a tough market, their strategies in property acquisition, and the changes and challenges Millennials bring in the market. They also share their favorite forms of long term investments and how to not just survive, but also thrive during a recession.

“Making money in business is a wonderful thing to do if you're good at it, but at the same time, you should be acquiring something that will work without you.'” – John Schaub

On Today’s Episode of Flip Talk:

John and Michael’s Tips for Getting into Real Estate Investing:

Resources Mentioned:

Reach Out to John Schaub:

Reach Out to Michael Morrongiello:

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Join us every Wednesday for a brand-new episode of the Flip Talk podcast. Flip Talk is your show to learn all about the ins, outs, and in-betweens on real estate investing and house flipping. Email your questions to Topics [at] FlipTalk [dot] com. Subscribe to the show and share your thoughts by leaving us a review on iTunes, Facebook, or visit our website.  

7-28-21 What's News