How Patience Made Chris a Better Investor

0:00This episode is brought to you by Indeed. Stop waiting around for the perfect candidate. Instead, use Indeed sponsor jobs to find the right people with the right skills fast. It's a simple way to make sure your listing is the first candidate to see. According to Indeed data, sponsor jobs have four times more applicants than non-sponsored jobs. So go build your dream team today with Indeed. Get a $75 sponsor job credit at Indeed.com slash podcast, Terms and Conditions Apply. Howdy. Welcome back to one rental in a time. I am sitting here with Chris, who is at the event for one rental at a time in Las Vegas at the center for the blind in 2026. These videos are to be able to compare one year to the next or the next. Chris, did you come to last year's event? Yes, this is actually my third event. It's your third event. Okay, good. And where do you live and where do you invest? I live and invest in Northern California on the North Coast outside of an area called Eureka.

1:03Okay. That's driven through there. Probably 30 times. Did you see any Ewoks? I did not. Are they coming there? Well, that's where Richard and the Jenner was filmed. Oh, nice. Yeah, no, I didn't see it. I'm going to count here. Cool. Before you found one rental at a time. Before you found bigger pockets or me or super. What was your investing life? What did it look like then? It was bare bones. I had two rentals. I actually had found a third rental. I was looking at it and I was trying to figure out how to structure everything and grow and build, but also learn how to manage. I started searching the internet, found a few different ones. A lot of those guys are the crash bros that we love and hate all at the same time. But then I did find Zuber and of course you guys all come along.

2:03So yeah, I found Zuber earlier on as you probably heard several times. Probably done things a little differently. Yeah, so that was kind of the follow-up question is the way you were doing things before you found this community. Versus how you're doing things now. What do you think is the biggest difference? I've learned a lot more patience. I learned that you don't have to be impulsive. You don't have to jump on every deal. The true taking time. That's exactly what it is. It takes time. So yeah. I think that actually I think Zuber's helped me with that too. For a long time, I actually thought I was a really bad. Because I was going so long to my properties. And then I like that kind of going, yeah, it gave me less mistakes all made at the same time. So patience is amazing. Has there ever been a video or a lesson or a topic that we've covered in one rental at a time that you remember and think about often?

3:06There's been a lot. I've learned a lot from you, Dion. You're the art of time. That was an impactful one, especially having kids, seeing all that. And again, just going through hearing all the little things. It's not always one program that's going to make the impact. It's maybe one little nugget that I take. And you sometimes don't realize it until you're going into it, going through the process and all of a sudden. It registers and you're like, aha, there it is. That's the thing is, when is the aha moment? Because it's different from everything. What would your life look like today if you never found this glue? If I hadn't found this community, I'd be struggling a lot more. You learn, you survive. But it's definitely a steeper climb. Now that you've found the community, what do you think it's going to look like for you five years from now?

4:13Five years from now. Actually, five years from now, I'm hoping to be looking at the retirement side of things. So that's where this community has helped. Learn to step on the gas. When to do it, but not. Go so hard and so fast that you've made the mistakes. What does retirement look like for you? Retirement looks like still managing my rentals, doing things. Wait, I want to do them without having the restriction of a job. Even though I'm creating a job with what I'm doing, but it's at my discretion, not at somebody else's. What you said was when you clock in or you have the little name tags, it's like being in prison. And I go to work, I have work, I get badges and blanards and key fobs and all that. And it feels like you're in prison. Most people try to, they realize it's a prison, right?

5:17They try to decorate the cell. They say things like, I get a 401k match, I've got a pension maybe if I stay here long enough, benefits I get paid time up, I get paternity leave instead of getting your entire life paid for, you get a few weeks paid for it. Not realizing the job is the key to let you out of prison. And then here's one thing I have to say this is more for you than people watching, but maybe somebody can benefit from this too. It feels like you're creating a job because when you are building a portfolio, it's like life-consuming. You're educating yourself, you're studying a market, you're learning your asset class, you're acquiring deals, you're stabilizing deals. I know this from experience, that is a decade for me. Maybe it's five to ten years for you, whatever that was from when you started. But then you flip a switch. In the retirement mode, I will add a deal as the money piles up because it's got to go somewhere, but I don't have to focus on it. I'll go a year and a half without even thinking about buying, and then I'll go buy a property and I'll take two or three months to study that. But you get your systems in place and it takes a couple hours a month to manage your property

6:21where it takes a couple hours a day to grow and to learn and to get it all in place. So it doesn't feel like a job once you walk away from work. And that's what I want, is I want it to be that enjoyable thing. And I do hear every day working in a government job where people are talking about, oh, I've got this many years left, and I've got to get my pension to this point. I've got this much money saved up. This much, this many hours of vacation, comp time, whatever. And I don't want to live like that. Right. You know, it's nice to have, because while you're there, you're growing, you're growing. But that's not my goal. That just doesn't. No, that doesn't sound like fun. And so the last question for you is, this is four Michaels Uber. If you were in a room with him by yourselves, and nobody can hear you guys, he asked you, hey, can you give me some feedback? I've literally had so a lot of time, the events, the books, the podcasts. What would you tell him? You know, Michaels doing a great job with all of this.

7:22And I think everybody here at the event, they can't think of them enough when they come out of here. There's such a great community. And I hear it from other people working in here, how great everybody is. What I'd like to see is maybe some difference with general mission to VIP, and maybe in different offering. I'm not sure what that would actually look like, but maybe something a little improved about you. I believe that's a good suggestion. I think we'll put in the extra money, so make sure you get it out of it. I told them to understand. Awesome. Thank you very much. Thank you. I appreciate it. Ciao. President Barack Obama. Virginia, we are counting on you. Republicans want to steal enough seats in Congress to raid the next election and wield unchecked power for two more years. But you can stop them by voting yes by April 21st. Help put our elections back on a level playing field and let voters decide not politicians.

8:28Vote yes by April 21st. Paid for by Virginians for fair elections.