Real Estate Investor Who Bought During 2008 Downturn Shares Advice

  • Authentic estate investor Mike Zuber doubled his portfolio in the aftermath of the 2008 housing crash.
  • His suggestions for investors currently includes financing properties with 30-year fastened-price mortgages.
  • He also claims you need to get and maintain, and emphasis on cash movement in its place of home appreciation. 

Mike Zuber acquired his to start with rental assets in Fresno, California in 2002 right after reading Robert Kiyosaki’s “Wealthy Dad Weak Dad.”

Kiyosaki released him to the principle of “obtaining revenue make money,” Zuber explained to Insider, “and how the loaded get richer by owning assets.” With that in thoughts, he and his spouse Olivia made the decision to attempt actual-estate investing.

Just after buying their initially rental, they continued operating full-time and dwelling frugally to preserve a lot more cash to acquire more serious estate. Their portfolio step by step grew more substantial and more substantial. 

About 6 decades into their actual-estate investing journey, the housing current market crashed. Knowing nothing about investing throughout a downturn, Zuber invested about six months studying about earlier crashes.

“I was studying the savings and personal loan (S&L) crisis, I was reading through about the collapse of southern California actual estate when the armed forces left, and I read through about the Texas oil marketplaces that blew up,” he mentioned. “A countrywide housing crash really hadn’t occurred due to the fact the Wonderful Melancholy so I had to read through about regional marketplace collapses.” 

When he recognized he could get gain of the truth that residence rates were plummeting, he started expanding his portfolio. Finally, the economic local weather ended up operating in Zuber’s favor. Around the future 4 many years, he doubled his portfolio, he stated.

Today, he and his wife individual in excess of 100 models in Fresno and receive

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Is PayPal Stock A Good Long-Term Investment? Why I Finally Bought The Stock

Erikona/iStock Unreleased via Getty Images

PayPal (PYPL) stock has been crushed since releasing fourth quarter earnings, continuing a slide that has left the stock trading at a fraction of where it was trading only several months ago. The company guided for a steep slowdown in growth in 2022, but growth is expected to accelerate as it moves beyond struggles related to eBay (NASDAQ:EBAY). The company is buying back stock and with the valuation at a low 24x earnings, the share repurchase program may play an increasingly important role moving forward. I rate the stock a strong buy as I have finally purchased the stock myself for my portfolio.

How Did PYPL Stock Do In 2021?

PYPL started 2021 with strength, at one point trading up 30% for the year. The stock tumbled as it closed the year, and continued falling. The stock is now down over 60% from recent highs:

Chart

YCharts

The tumble appears to be due to conservative guidance for 2022, but with the stock trading at 24x earnings, it is worth buying here.

What Is PayPal Stock’s Price Target?

In spite of the steep fall, Wall Street analysts remain optimistic for the stock’s forward prospects. The average rating is 4.27 out of 5, a solid buy rating.

Wall Street PayPal Ratings

Seeking Alpha

The average price target is $182.54, representing a 60% potential upside.

PayPal Price Target

Seeking Alpha

It is unusual for the consensus price target to represent so much upside for a high-quality stock like PYPL which is flowing cash with solid growth ahead of it. Let’s dig deeper to understand why the stock has fallen but more importantly, why I see great upside ahead.

PYPL Stock Key Metrics

PYPL continued to grow its active accounts base, albeit at a decelerating rate.

PayPal Active Accounts

PayPal 2021 Q4 Presentation

The company expects further pressures as

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