BiggerPockets Real Estate Podcast

A Better Retirement After Buying Just ONE Rental (and Never FOMO-ing)

Sep 30, 2024
Mike Baum, an investing expert known for his thoughtful rental property advice, shares his journey of transformation after a disability changed his career path. Owning just one rental, a family vacation home, he highlights the success found in simplicity and the importance of efficient management systems. He discusses why beginners should reconsider short-term rentals, the challenges of vetting guests, and the key benefits of patience over FOMO when investing. Mike's story challenges the traditional mindset of needing a large portfolio for financial success.
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