Real Estate Investing with Coach Carson

Latest Episodes:

#313: Our Rental Investing Journey: 8 Years, 10 Properties, Financial Freedom Oct 16, 2023

Show notes

Episode #313 – Discover Joe's captivating journey from HGTV to Airbnb, where he shares the highs, lows, and priceless lessons that led to his remarkable rental portfolio of 10 properties. Join us in unveiling the secrets behind his 8-year odyssey to financial freedom.

🔗 Show Notes:

https://www.coachcarson.com/8yearjourney/

🔗 Show Links:

Joe's business - Southern Sons Properties: https://www.instagram.com/southernsonsproperties/
Joe's prior episode - "How a Couple Built a 7-Condo Rental Portfolio in 5 Years" - https://www.coachcarson.com/7-condos-5-years/
Joe's tech stack for short-term rentals:
- HOSPITABLE for guest management and messaging.
- PRICE LABS for automating the pricing process
- TURNO to manage and pay the cleaners
- AIRBNB and VRBO for booking platforms
- BOOSTLY is now creating our direct booking site.

🎬 Timestamps:

0:00 - Intro

1:40 - Working for HGTV

08:03 - Don't worry about perfection

12:27 - Pivot to Airbnb

17:28 - ### on best Airbnb

19:16 - Airbnb expenses

20:33 - Estimating Airbnb ###

24:06 - Scaling with HELOC

25:57 - Long-term cashflow

27:54 - Benefits of mixing Short + Long

32:00 - Medical Emergency

39:23 - 2023 Portfolio

43:27 - Small & Mighty Perspective

--------------------------

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

https://www.coachcarson.com/rpm

⚒️ 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

#312b: 2x your Rental Portfolio, even with 8% interest rates (+HUGE announcement) Oct 13, 2023

Show notes

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

https://www.coachcarson.com/rpm

#312: The 2023 Real Estate Market Did NOT Crash. Here's What We Can Learn Oct 09, 2023

Show notes

Episode #312 – Contrary to predictions, the Real Estate Market did NOT crash, and there are invaluable insights to uncover. Learn why Warren Buffet is investing MILLIONS into building new homes despite our "risky market".

🔗 Show Notes:

https://www.coachcarson.com/2023reimarket/

🔗 Links:

Kathy's website to learn: https://realwealth.com
Kathy's syndications to invest in: https://growdevelopments.com
Kathy's BP Podcast: https://www.biggerpockets.com/podcasts/on-the-market
Kathy's Real Wealth Podcast: https://realwealth.com/real-wealth-show-podcast/
Kathy's Real Estate News Podcast: https://podcasts.apple.com/us/podcast/real-estate-news-real-estate-investing-podcast/id1079952715

🎬 Timestamps:

0:00 - Intro

4:08 - Fear sells attention

6:21 - Why isn't Real Estate falling?

11:28 - Feds failed killing the job market

14:29 - 2023 is great for buying!

19:42 - Local market fundamentals

24:19 - Affordable housing

32:32 - Build team, long-distance

36:48 - Advice for those in the grind

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

https://www.coachcarson.com/rpm

⚒️ 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

#311: How One Investor Used Seller Financing to Build Wealth With Real Estate Oct 02, 2023

Show notes

Episode #311 – Explore the pivotal 'turning point' deals that transformed Anthony's real estate journey. Delve into the intricacies of owner financing and the psychology behind successful negotiations. If you're eager to uncover the secrets of seller financing and how it can help you build lasting wealth in real estate, don't miss this enlightening episode.

🔗 Show Notes:

https://www.coachcarson.com/sellerfinancingwealth/

🔗 Links:

Anthony's blog interview: https://www.coachcarson.com/replace-job-income-with-rentals/
Contact Anthony: http://www.anthonypetz.com/
Coach's Creative Financing Course to learn seller financing: https://www.coachcarson.com/creativefinancing
(YouTube) How Much Tax I Paid When I Sold a Rental Property: https://youtu.be/SgNXl8eqa2U?si=qkrlqilNqmcVcRLV
Greg Pinneo: https://www.thecorco.com/

🎬 Timestamps:

0:00 - Hook

1:35 - Anthony's backstory

10:52 - Anthony's "turning point" deals

21:00 - Owner Finance Deal Process

30:07 - Anthony's current property

34:19 - Why sellers finance

39:09 - Psychology in Negotiating

51:44 - Anthony's recent deal

1:09:20 - Anthony's advice to others

1:15:16 - Chad's Outro

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

https://www.coachcarson.com/rpm

⚒️ 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

#310: How a Couple With Full Time Jobs Built a $1.1 Million Net Worth Using Rental Houses Sep 25, 2023

Show notes

Episode #310 – Join us as we dive into the inspiring journey of Matthew and Angel, a couple who skyrocketed their net worth to $1.1 million through savvy real estate investing while juggling full-time jobs. From their humble beginnings to their very first real estate venture, we explore the nitty-gritty of numbers, financing strategies, and the priceless wisdom they've gained along the way.

🔗 Show Notes:

https://www.coachcarson.com/fulltimemillionaire/

🔗 Links:

Matthew's Facebook: https://www.facebook.com/matt.failor.1
Matthew's Instagram: @failormatthew
Matthew's LinkedIn: https://www.linkedin.com/in/matthew-failor-pmp-64569b35
Angel's LinkedIn: https://www.linkedin.com/in/angel-failor-420b591a0

🎬 Timestamps:

0:00 - Hook/Chad's Intro

2:02 - Matthew and Angel's backstory

15:00 - Matthew and Angel's first deal

21:18 - Looking at the numbers

24:58 - Financing

30:31 - Getting the property rented

34:04 - Summary of the numbers

42:32 - Lessons learned from the first deal

50:42 - Advice for real estate investors

54:30 - Where to connect with Matthew and Angel

55:58 - Chad's Outro

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

https://www.coachcarson.com/rpm

⚒️ 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

#309: How to Create $10k Per Month Rental Cash Flow, Starting From Scratch Sep 18, 2023

Show notes

Episode #309 – Discover two different paths to financial independence through real estate with 2 captivating case studies. Meet Liz and Tom in St. Louis and Tiffany and Darius in the Bay Area. Their unique journeys applying REI tools strategically with a plan. Join me and uncover the keys to long-term equity and financial freedom.

🔗 Show Links:

https://www.coachcarson.com/scratchto10k/

🔗 Links:

How to Find & Negotiate Seller Financing Real Estate Deals (Parts 1 & 2): https://www.coachcarson.com/seller-financing-owner-financing-buy-real-estate/
How to Pay Off Your Rental Property Mortgage Early - The Rental Debt Snowball: https://youtu.be/_hUIoK6Pz7I

🎬 Timestamps:

0:00 - Intro

0:33 - Behind the scenes

1:21 - Topic my new book

3:41 - Liz and Tom's intro

5:19 - From year 0 to 7

17:44 - Liz & Tom's scoreboard

20:49 - Liz & Tom's wealth

22:37 - Tiffany & Darius year 0 to 10

28:36 - Fork in the road

33:43 - Tiffany & Darius' final numbers

36:45 - Which journey resonates?

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

https://www.coachcarson.com/rpm

⚒️ 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

#308 - How to Free Up Time on Rental Properties With Automation & Outsourcing Sep 11, 2023

Show notes

Episode #308 – Unlock more time and profit in your rental property ventures by making strategic hires, understanding the vital role of an asset manager, and harnessing the power of an integrator to take your real estate game to the next level.

🔗 Show Notes:

https://www.coachcarson.com/businessautomations

🔗 Links:

Justin's website & hard money lending: homesoldfast.com/hardmoney
Justin's prior episode - https://www.coachcarson.com/quit-job-invest-real-estate/
Coach's Community - Rental Property Mastery waiting list: https://coach-carson-llc.ck.page/3155026a5f
Asana - project management/systemization software - https://asana.com/
Buildium - property management software Justin uses - https://coachcarson.com/buildium
Recommended books on business systems/operations:
The Emyth - https://amzn.to/47Qf0b3
Traction - https://amzn.to/45CE5ob
Clockwork - https://amzn.to/489lBgX
Finding virtual team members: Upwork.com, OnlineJobs.ph (Phillippines)

🎬 Timestamps:

0:00 - Chad's Intro

2:07 - Justin's background

5:17 - "Flipping houses" model

8:37 - Wholesaling vs Rentals

15:02 - Rental business positions

26:47 - Hiring the "right person"

33:07 - Rental property business

46:36 - Hiring the Asset Manager

50:57 - What the Integrator does

1:03:05 - Integrator Hiring Resources

1:05:00 - Justin's business advice

1:08:53 - Where to connect with Justin

1:10:33 - Outro

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

https://www.coachcarson.com/rpm

⚒️ 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

#307: Mastering ADUs for Hidden Cash Flow Sep 04, 2023

Show notes

Episode #307 – Shawn unravels the world of Accessory Dwelling Units (ADUs) to supercharge his rental income. See how to navigating zoning hurdles to raising funds and project management. Whether you're a seasoned investor or just starting out, this ADU goldmine episode can be your ticket to rental success!

🔗 Show Notes:

https://www.coachcarson.com/adu/

🔗 Links:

Shawn's free e-book & website: https://investorshawn.com/
Shawn's Instagram: https://www.instagram.com/shawn_dimartile/
House Hacking Guide - https://www.coachcarson.com/house-hacking-guide/

🎬 Timestamps:

00:00:00 - Intro

00:00:33 - Chad's Intro

00:01:20 - The Topic of Today's Episode

00:03:07 - Shawn's Career Prior to Real Estate

00:09:03 - Benefits of House Hacking & Airbnb

00:11:55 - A.D.U.'s

00:18:07 - Benefits of A.D.U.'s

00:18:41 - Understanding Zoning

00:21:00 - Finding out if you can add an A.D.U. to your property

00:24:42 - Finding Financial Opportunities Through A.D.U.'s

00:27:50 - Differing Between Markets & Regulations

00:32:33 - Multiple A.D.U.'s on Properties

00:36:03 - Raising Money for A.D.U.'s

00:40:37 - Construction & Project Management

00:45:07 - Cheapest Forms of A.D.U.'s

00:47:46 - Where to Connect with Shawn

00:49:56 – Outro

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

https://www.coachcarson.com/rpm

⚒️ 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

#306: Airbnb gave her $100k to build rental house shaped like a flower pot Aug 28, 2023

Show notes

Episode #306 – What would go well with a flower farm? A giant flower pot-shaped house of course! See how Whitney won $100K from Airbnb to build her impossible idea.

🔗 Show Notes:

https://www.coachcarson.com/flowerpotairbnb/

🔗 Links:

Short-Term Rental Spreadsheet: https://cold-bush-3072.ck.page/ee9c446e51
https://www.instagram.com/idahoflowerpot
Listen to The Money Nerds Podcast or say hi on IG: https://www.instagram.com/whitney_hansen_co/
Airbnb OMG Fund 100 winners list: https://news.airbnb.com/100-out-of-this-world-ideas-meet-the-recipients-of-the-10m-omg-fund/
Media/Press about Idaho Flower Pot: https://boisedev.com/news/2022/10/21/idaho-flower-pot/
https://www.idahostatejournal.com/news/local/pocatello-contractor-builds-idaho-flowerpot-airbnb-for-prize-winning-duo/article_dcd14434-06fb-11ee-b451-9f6ae53a44ff.html
Short-term rental research and stats: https://www.airdna.co/
Book on how to create Disney-like experiences - Be Our Guest - https://amzn.to/3Yo2k6E

🎬 Timestamps:

0:00 - Completing a flower farm

1:23 - Paid $30K debt in 10 months

2:56 - A Geodome start

7:32 - Idea for the Flower Pot House

11:02 - Demand of unique houses

14:02 - Challenges of unique houses

18:53 - Decided on location

23:00 - Flower Pot design

25:12 - Finding contractors

28:13 - Framing the circular pot

33:49 - Interior decorations

37:38 - Soul of the flower pot

41:50 - Purchase & rental numbers

53:31 - Finish date estimate

56:18 - Stay in touch

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

https://www.coachcarson.com/rpm

⚒️ 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

#305: This is my ideal rental property (size, materials used, buy box) Aug 21, 2023

Show notes

Episode #305 – Ever wondered what it truly means to buy properties that appreciate, add value, or offer positive cash flow? Join me on a revealing journey as I unveil my ideal rental property criteria. Let's demystify these concepts and empower you to tailor them for your market.

🔗 Show Notes:

https://www.coachcarson.com/mybuybox/

🔗 Links: