Real Estate Investing with Coach Carson

Latest Episodes:

#346: How Boring, 40%-Down Rental Properties Can Still Make You Rich Jun 03, 2024

Show notes

⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom:

https://www.coachcarson.com/rpm

🎙️ Episode #346 – The person who does boring passive investments four or five times during that decade is going to do, on average, better than the person who's sort of side hustling an active investment. Coach and Erion discuss how traditional rentals, despite larger down payments, can build wealth through capital appreciation and strategic financing.

▶️ Next Video:

How to Make Rentals Cash Flow With 8% Mortgages

📄 Show Notes:

https://www.coachcarson.com/40downrentals/

🎬 Timestamps:

00:00 - Discussion on Real Estate Investing Strategies

01:14 - Impact of Interest Rates

02:29 - Benefits of Boring Rental Strategies

04:07 - Understanding Capital Appreciation and Cash Flow

06:24 - Leverage in Real Estate Investments

08:43 - Evaluating Assets and Financing

09:38 - Analyzing Above the Line and Below the Line Issues

13:08 - Passive vs. Active Real Estate Investing Strategies

14:56 - Time Constraints and Investing for Financial Freedom

18:00 - Long-Term Wealth Building Strategies

18:21 - Optionality and Flexibility Through Boring Investments

20:01 - How to Make Rentals Cash Flow With 8% Mortgages

🔗 Connect with Erion:

• Twitter: https://x.com/investarchitect

• Website: https://www.signaturehouston.com/

• LinkedIn: https://www.linkedin.com/in/erionshehaj/

-------------------------- ⚒️ Get my FREE Real Estate Investor Toolkit:

https://www.coachcarson.com/toolkit-pod

🖥️ Learn with Coach (Courses, Books & more):

https://www.CoachCarson.com

👋 Connect with Me:

📸 https://www.instagram.com/coachchadcarson

👍 https://www.facebook.com/coachchadcarson

🐦 https://twitter.com/CoachChadCarson

💰 DealMachine – Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine

#345: How A New Mom Built a $3 Million Rental Portfolio in 7 Years May 27, 2024

Show notes

⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom:

https://www.coachcarson.com/rpm

🎙️ Episode #345 – From commercial design to building a $3 million rental portfolio in just 7 years, while navigating the joys of motherhood. Learn how Emily leveraged her knowledge and connections to expand her small and mighty portfolio, while also prioritizing family time.

📄 Show Notes:

https://www.coachcarson.com/7yearrentalportfolio/

▶️ Next Video: How to Replace a $90,000 a Year Salary with Real Estate Cash Flow

https://youtu.be/-r2VVWo5z0o?si=a6-eyT2JegaMX0JB

🎬 Timestamps:

00:00 - Life Shift and Real Estate Exploration

04:29 - Buying First Property in Kentucky

11:03 - Dynamic of Couple's Real Estate Journey

15:58 - Balancing Active Income and Long-Term Investments

26:10 - Seasonality of Real Estate Investor

29:21 - Leveraging Personal Strengths in Real Estate

36:16 - Decision to Recast Mortgage and Harvest Portfolio

44:50 - Realization on CapEx Impact on Cash Flow

49:56 - Importance of flexibility in real estate investing

51:13 - Sacrifices and benefits of real estate choices

52:02 - Individual paths and choices in real estate

53:01 - Advice on finding your "why" in financial independence

54:52 - Focus on productivity and setting goalposts

56:10 - Connecting with Emily on Instagram and LinkedIn

57:01 - How to Replace a $90,000 a Year Salary with Real Estate Cash Flow

🔗 Connect with Emily:

• Emily's LinkedIn: https://www.linkedin.com/in/emily-beatty/

• Emily's Instagram: https://www.instagram.com/emily.in.realestate/

-------------------------- ⚒️ Get my FREE Real Estate Investor Toolkit:

https://www.coachcarson.com/toolkit-pod

🖥️ Learn with Coach (Courses, Books & more):

https://www.CoachCarson.com

👋 Connect with Me:

📸 https://www.instagram.com/coachchadcarson

👍 https://www.facebook.com/coachchadcarson

🐦 https://twitter.com/CoachChadCarson

💰 DealMachine – Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine

#344: 7 Powerful Principles For Financial Freedom | Paula Pant May 20, 2024

Show notes

⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom:

https://www.coachcarson.com/rpm

🎙️ Episode #344 – Paula Pant will inspire you to rethink your relationship with money and take intentional steps towards a life of abundance. From overcoming scarcity mindsets to aligning personal values with money, she offers actionable insights and her personal anecdotes to guide listeners on their path to FI.

📄 Show Notes:

https://www.coachcarson.com/7fiprinciples/

▶️ Next Video: How to Pay Off Your Rental Property Mortgage Early – The Rental Debt Snowball

https://youtu.be/_hUIoK6Pz7I

🎬 Timestamps:

00:00 - Personal Finance Philosophies

01:22 - How to afford anything

03:26 - Tree-trunk values (start with what really matters)

12:52 - Your hidden money stories (the psychology of money)

26:52 - Mind the money gap (how to reach FI faster)

30:30 - You don't need a budget (use the anti-budget)

35:23 - The 1% challenge (how to avoid financial overwhelm)

39:06 - Paula's new take on F.I.R.E.

45:18 - How to Pay Off Your Rental Property Mortgage Early

🔗 Connect with Paula Pant:

• Website: https://affordanything.com

• Podcast: https://affordanything.com/podcast/

• Paula's 1st Rental Property Course: https://courses.affordanything.com

-------------------------- ⚒️ Get my FREE Real Estate Investor Toolkit:

https://www.coachcarson.com/toolkit-pod

🖥️ Learn with Coach (Courses, Books & more):

https://www.CoachCarson.com

👋 Connect with Me:

📸 https://www.instagram.com/coachchadcarson

👍 https://www.facebook.com/coachchadcarson

🐦 https://twitter.com/CoachChadCarson

💰 DealMachine – Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine

#343: How to Structure a Win-Win Partnership for Rental Properties | with John Schaub May 13, 2024

Show notes

⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom:

https://www.coachcarson.com/rpm

🎙️ Episode #343 – Partnerships are like sharing a pumpkin pie you have. Both of you get to eat, and both of you get a benefit that you would have not received otherwise. Finding partners to fund your real estate deals is the same way, and John Schaub shows you exactly how he's structured it over the 50 years he's been investing.

📄 Show Notes:

https://www.coachcarson.com/realestatepartnerships/

▶️ Next Video: How to Buy Rental Properties That Cash Flow in any Economy - with John Schaub:

https://youtu.be/i_Vap22_p8M

🎬 Timestamps:

0:00 - I had no money, but someone else did

0:49 - John Schaub's 1st properties

5:24 - Finding people to invest with

12:53 - Using a lease option

20:42 - Benefits of partnerships

26:57 - How John structures his deals

34:04 - Splitting profits vs borrowing money

40:47 - Dealing with cash reserves & accumulation

48:55 - Doing a 1031 Exchange

51:27 - Partnership mistakes to avoid

55:09 - Buy Rental Properties That Cash Flow in any Economy

🔗 Connect with John Schaub:

• Building Wealth One House at a Time (Book): https://a.co/d/86njibJ

• Website: https://www.johnschaub.com

-------------------------- ⚒️ Get my FREE Real Estate Investor Toolkit:

https://www.coachcarson.com/toolkit-pod

🖥️ Learn with Coach (Courses, Books & more):

https://www.CoachCarson.com

👋 Connect with Me:

📸 https://www.instagram.com/coachchadcarson

👍 https://www.facebook.com/coachchadcarson

🐦 https://twitter.com/CoachChadCarson

💰 DealMachine – Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine

#342: How to Grow Your Rental Portfolio Using Private Money - with Soli Cayetano May 06, 2024

Show notes

⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom:

https://www.coachcarson.com/rpm

🎙️ Episode #342 – From leveraging other people's money to scale your investments to building lasting partnerships, we'll share the practical tips any new investors needs to break into the market without relying solely on their own capital.

📄 Show Notes:

https://www.coachcarson.com/privatemoneyloans/

▶️ Next Video: How to Make Rentals Cash Flow With 8% Mortgages:

https://youtu.be/wcMK-n02MFY

🎬 Timestamps:

00:00 - Private Money Lenders

01:47 - Hard Money vs. Private Money

03:42 - How to Ask for Money

06:14 - Creating Opportunities to Gain Private Lenders

07:40 - Educate, Don't Pitch

08:39 - Leveraging Social Media

09:34 - Real Estate Investing After College

12:17 - How to Gain the Trust of a Private Lender

17:21 - Documents for Private Lending

20:32 - Standard Terms for a Flip or BRRRR

23:15 - Long-Term Loans to Pay Off Private Lenders

25:52 - Repeating Private Lenders

30:04 - The Importance of an Attorney

33:18 - Private Money Partners vs. Private Money Lenders

38:10 - Connect with Soli Cayetano

38:48 - How to Make Rentals Cash Flow

🔗 Connect with Soli Cayetano:

• Instagram: https://www.instagram.com/lattes.and.leases/

• Website: https://www.lattesandleases.com/

Book recommendation: https://store.biggerpockets.com/products/raising-private-capital-revised-edition

-------------------------- ⚒️ Get my FREE Real Estate Investor Toolkit:

https://www.coachcarson.com/toolkit-pod

🖥️ Learn with Coach (Courses, Books & more):

https://www.CoachCarson.com

👋 Connect with Me:

📸 https://www.instagram.com/coachchadcarson

👍 https://www.facebook.com/coachchadcarson

🐦 https://twitter.com/CoachChadCarson

💰 DealMachine – Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine

#341: Crash Course on ADU Rental Investing (Accessory Dwelling Unit) Apr 29, 2024

Show notes

⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom:

https://www.coachcarson.com/rpm

🎙️ Episode #341 – Did you know building Accessory Dwelling Units (ADUs) can solve urban housing shortages? It's a win-win solution for investors, providing affordable housing options while generating extra rental income. Derek shows you how to leverage ADUs from zoning to good construction practices.

📄 Show Notes:

https://www.coachcarson.com/thataduguy/

▶️ Next Video: 7 Tips for Renting Out Your House (For Beginners or Experienced Landlords):

https://youtu.be/xGzEbAZpWi0

🎬 Timestamps:

00:00 - ADU Solves Housing Crisis

01:07 - Benefits of ADUs

03:00 - Breaking Down the Numbers

06:33- Cost Saving Ways to Make ADUs

08:04 - Identifying Properties for ADUs

12:26 - Zoning Is Your Treasure Map

15:21 - Derek's Passion for ADUs

19:23 - Ideas/Templates for ADUs

27:43 - Getting the Money

34:10 - Where to Find Derek

35:14 - 7 Tips for Renting Out Your House

🔗 Connect with That ADU Guy:

• YouTube: https://www.youtube.com/thataduguy

• Instagram: https://www.instagram.com/thataduguy

• Facebook: https://www.facebook.com/thatADUguy/

• Website: https://thataduguy.com

-------------------------- ⚒️ Get my FREE Real Estate Investor Toolkit:

https://www.coachcarson.com/toolkit-pod

🖥️ Learn with Coach (Courses, Books & more):

https://www.CoachCarson.com

👋 Connect with Me:

📸 https://www.instagram.com/coachchadcarson

👍 https://www.facebook.com/coachchadcarson

🐦 https://twitter.com/CoachChadCarson

💰 DealMachine – Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine

#340: 10x your Cashflow & Freedom by Self-Managing Rentals Apr 22, 2024

Show notes

⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom:

https://www.coachcarson.com/rpm

🎙️ Episode #340 – Discover how to treat your tenants like VIP customers while achieving financial independence as a landlord. Amelia and Grace share their top tips for leveraging technology, smart hiring, and streamlined operations to provide exceptional service and boost your bottom line.

📄 Show Notes:

https://www.coachcarson.com/selfmanagerentals/

▶️ Next Video: How Many Rentals Do You Need to Retire

https://youtu.be/A_uxNcEITlA

🎬 Timestamps:

0:00 - How to Manage Rentals Yourself

1:04 - What % of Landlords Self Manage Their Properties?

2:05 - Why Self Manage?

4:40 - Types of Properties Starting Out vs Today

6:34 - Pitfalls with Hiring Managers

8:14 - Owning a Business vs Side Hustle Mindset

11:12 - Key Business Metrics to Pay Attention To

13:23 - Tools for Tracking Finances

20:35 - Landlord Tenant Relationship

22:09 - Finding Great Tenants and Customer Service

28:38 - Managing Paperwork and Onboarding

39:58 - Moving from Self Management to Outsourcing

50:50 - Handling the Pressure of Paying Team Members

52:57 - About "The Self Managing Landlord" Book

🔗 Connect with Amelia & Grace:

The Self-Managing Landlord Book:

https://store.biggerpockets.com/products/self-managing-landlord

Instagram:

https://www.instagram.com/ameliajorei/

https://www.instagram.com/wiire.community

https://www.instagram.com/grace.investing

Website:

https://www.womeninvestinrealestate.com

-------------------------- ⚒️ Get my FREE Real Estate Investor Toolkit:

https://www.coachcarson.com/toolkit-pod

🖥️ Learn with Coach (Courses, Books & more):

https://www.CoachCarson.com

👋 Connect with Me:

📸 https://www.instagram.com/coachchadcarson

👍 https://www.facebook.com/coachchadcarson

🐦 https://twitter.com/CoachChadCarson

💰 DealMachine – Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine

#339: How to Estimate Repair Cost for your Next Rental Property Apr 15, 2024

Show notes

⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom:

https://www.coachcarson.com/rpm

🎙️ Episode #339 – From "soft costs" to contingency funds, Dawn reveals insider tips for accurate budgeting by the item, ensuring your BRRRR renovation projects stay profitable and completed on time.

📄 Show Notes:

https://www.coachcarson.com/estimaterepaircosts/

▶️ Next Video: How to Analyze a Single Family House Rental Property

https://youtu.be/yocGE4XABTI?si=UEfmSK8hdjAiZibt

🎬 Timestamps:

00:00 - Estimating Renovation Costs

01:15 - Budget During Execution Phase

04:22 - Levels of Renovations

05:36 - Soft Costs vs. Hard Costs

07:26 - Estimating Repair Costs Per Square Foot

10:39 - Contractor Budget Spreadsheet

16:09 - How to Decide Scope of Work

18:54 - Contingency Budget

23:36 - Meeting Market Expectations

26:17 - Start with the End in Mind

28:13 - Having Confidence in your Budget

32:47 - Durability vs. Beauty

37:03 - Skills from an Expert

🔗 Connect with Dawn Matze:

FREE Contractor Budget Spreadsheet: https://docs.google.com/spreadsheets/d/1BZBqwjje0vuL_wuRzouI2dPg76SLIeqJ/edit#gid=1815934690
Dawn's Book – Nailed It: https://a.co/d/70A4yo7
Instagram: https://www.instagram.com/womanbuilderdawn/
Facebook: https://www.facebook.com/dawn.matze/
Website: https://womanbuilder.com

-------------------------- ⚒️ Get my FREE Real Estate Investor Toolkit:

https://www.coachcarson.com/toolkit-pod

🖥️ Learn with Coach (Courses, Books & more):

https://www.CoachCarson.com

👋 Connect with Me:

📸 https://www.instagram.com/coachchadcarson

👍 https://www.facebook.com/coachchadcarson

🐦 https://twitter.com/CoachChadCarson

💰 DealMachine – Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine

#338: Should I pay down debt or buy more rentals? Apr 08, 2024

Show notes

⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom:

https://www.coachcarson.com/rpm

🎙️ Episode #338 – The age-old question of: should you keep acquiring properties or shift gears to pay down existing debt? Coach and Erion talk you through the nuances of this decision, exploring key milestones, income goals, and lifestyle considerations to help you navigate your unique path to financial freedom.

📑 Show Notes:

https://www.coachcarson.com/paydownorbuymore/

🔗 Connect with Erion

Erion's Twitter: https://twitter.com/investarchitect
Erion's Website: https://www.signaturehouston.com/
Erion's LinkedIn: https://www.linkedin.com/in/erionshehaj/

🎬 Timestamps:

00:00 - Buy a New Property or Pay Down Debt?

00:18 - Join my exclusive community

00:50 - When to Start Paying Off Debt?

03:35 - Real Estate as a Source of Income

04:53 - When to Focus on Income

05:37 - Maximizing Return vs. Income

09:12 - Investing to Achieve Financial Goals

12:12 - The Importance of Long-Term Thinking

12:36 - Setting Investment Income Goals

16:17 - How to Connect with Us

16:34 - How to Pay Off Rental Property Debt Quickly

-------------------------- ⚒️ Get my FREE Real Estate Investor Toolkit:

https://www.coachcarson.com/toolkit-pod

🖥️ Learn with Coach (Courses, Books & more):

https://www.CoachCarson.com

👋 Connect with Me:

📸 https://www.instagram.com/coachchadcarson

👍 https://www.facebook.com/coachchadcarson

🐦 https://twitter.com/CoachChadCarson

💰 DealMachine – Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine

#337: Long-Distance Real Estate Investing - How to Build Your Team Apr 01, 2024

Show notes

⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom:

https://www.coachcarson.com/rpm

🎙️ Episode #337 – Mike lives in a high-priced West Coast market, but he's successfully invested in rental properties in the Midwest (while working a full-time job!). In this episode, learn EXACTLY how he built a long-distance real estate team in another state. And learn the rookie mistakes he made so you can avoid them for yourself.

📄 Show Notes:

https://www.coachcarson.com/longdistanceteam/

▶️ Next Video: How to Confidently Buy Your First Rental Property (10-Steps)

https://youtu.be/Vl82XxjUiGA

🎬 Timestamps:

0:00 - Build a team long distance as a NEWBIE

1:37 - The crucial members

2:18 - How to network remotely

6:05 - How to start conversations with other investors

7:44 - Building relationships with experienced investors

10:52 - What to look for in a property manager

12:36 - Property manage red flags