Real Estate Investing with Coach Carson

Latest Episodes:

#304 - How a Couple Retired to Portugal Using Rental Properties in the US Aug 14, 2023

Show notes

Episode #304 – Karen and Bob are students of mine who are closer to the traditional retirement age. They demonstrate how it's never too late to get started in real estate investing, found a niche to be successful in, and now live a fulfilling life in Portugal!

🔗 Show Notes:

https://www.coachcarson.com/retired-to-portugal/

🔗 Chad's New Book:

https://biggerpockets.com/smallandmighty

🎬 Timestamps:

0:00 - Intro

3:52 - Why Portugal?

5:44 - Leaving corporate careers

13:05 - Investment philosophy

17:59 - Diversifying with real estate

21:46 - Strategy for flipping houses

25:36 - Tips for working with contractors

27:30 - Getting started with rental properties

32:05 - Flipping houses vs rentals

38:07 - Benefits of manufactured homes

43:20 - Using rentals to move abroad

48:16 - No debt properties

52:19 - What they would have done differently

55:17 - Tax considerations for retired lifestyle

59:54 - Starting with real estate later in life

1:02:33 - Time spent on rentals

1:05:44 - Summary and closing

-------------------------- ⭐ 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

#303: 5 uncommon tips for buying a rental property with little cash Aug 07, 2023

Show notes

Episode #303 – From the art of househacking to tapping into credit partners, I'll reveal tips I've personally done to grow my rental portfolio. The 5th tip is something you may have had access to all along...

🔗 Show Notes:

https://www.coachcarson.com/buywithlittlecash/

🔗 Links:

My new book! https://Biggerpockets.com/smallandmighty
Buying Subject to the Mortgage: https://youtu.be/ydN34A1VjBg
Master Lease Option: https://youtu.be/SqyFicK5fC4

🎬 Timestamps:

0:00 - Sharing hope in 2023

3:04 - Househacking

6:13 - Credit partners

9:57 - Private lenders

13:35 - Seller financing

17:32 - HELOC

21:44 - Final thoughts

-------------------------- ⭐ 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

#302: How a New Investor Built a Duplex Rental From Scratch Jul 31, 2023

Show notes

Episode #302 – Dive into Kyle's story from finding the perfect lot to navigating the construction process and revealing the numbers behind constructing his duplex property from the ground up!

🔗 Show Notes:

https://www.coachcarson.com/rentalconstruction/

🔗 Show Links:

Book - Small and Mighty Real Estate Investor: https://www.coachcarson.com/small-mighty-book
DIY Home Designer Software: https://www.homedesignersoftware.com/
Profit-Loss of Kyle's duplex rental
Construction Cost Breakdown of Kyle's duplex rental

🎬 Timestamps:

0:00 - Intro

5:16 - Kyle's background

8:33 - Kyle's motivation to build a duplex

10:13 - What Kyle looks for when building a property

14:35 - How Kyle found the lot for his property

17:45 - Kyle's due diligence

19:22 - How Kyle prepared to build the duplex

20:36 - The general process of construction

30:38 - Finishing up construction

31:11 - What can delay construction

33:41 - The move in process

39:58 - The numbers on the duplex

44:58 - What's next for Kyle

46:08 - Biggest lessons Kyle learned

48:31 - Where to stay in touch with Kyle

56:06 - 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

#301: How to Pay Off Rental Debt in 5 Years (A Case Study) Jul 24, 2023

Show notes

Episode #301 - Debt is not a religion, it's a tool. Once you're done using those tools, it's time to put them into the tool box. I'll share powerful strategies to reduce risk and increase income, keeping things simple and measurable along the way.

📑 COMPANION ARTICLE/SHOW NOTES: https://www.coachcarson.com/payoffrentaldebt/

🔗 LINKS:

4 Reasons to Pay Off Debt on Your Rental Properties: https://youtu.be/GDzRZgwr2Ds
My new book! https://Biggerpockets.com/smallandmighty

🎬 TIMESTAMPS:

0:00 - Pay off in 5 years

1:27 - Reduce your risk

3:05 - Increase your income

3:58 - Being simple

6:40 - How to measure progress

14:26 - Strategic refinancing

20:06 - Pay cash

22:27 - Debt snowball

26:22 - Buy more than you need

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🧰MY FAVORITE REAL ESTATE & MONEY TOOLS:

- Deal Machine - software to help you buy more real estate deals https://www.coachcarson.com/dealmachine

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💰CREATIVE FINANCING COURSE🏘️

Learn to finance your deals successfully, even with high interest rates. My online course teaches you how to use non-traditional funding sources for real estate, like private money, self-directed retirement accounts, seller financing, lease options, subject-to, and more. Includes paperwork! coachcarson.com/creativefinancing

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🎧SUBSCRIBE to the podcast for more episodes about how to achieve financial independence and do what matters using real estate investing! https://coachcarson.com/podcast

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▶️WATCH my YouTube channel - Coach Carson TV - for tutorials, tips, strategies, and interviews https://www.youtube.com/user/CoachChadCarson?sub_confirmation=1

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📋 GET MY FREE REAL ESTATE INVESTOR TOOLKIT https://coachcarson.com/reitoolkit

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FOLLOW ME ON INSTAGRAM 📸 https://www.instagram.com/coachcarson1/

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READ MY BOOK ON RETIRING EARLY 📚 https://www.coachcarson.com/retirementbook

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👋👋 SAY HI ON SOCIAL https://www.facebook.com/coachchadcarson/ https://twitter.com/CoachChadCarson

#300: The Rise of the Small & Mighty Real Estate Investor (Book Launch Day!) Jul 20, 2023

Show notes

Episode #300 - The Small and Mighty Real Estate Investor." Join me and Sean McKay as we redefine the role of small and mighty investors in the real estate world, challenging the conventional narrative. Discover the characteristics of a small and mighty investor and when to jump in as a first-time investor. Don't miss out on this conversation and grab your copy of "The Small and Mighty Real Estate Investor" today!

📑 COMPANION ARTICLE/SHOW NOTES: https://www.coachcarson.com/smallandmightybooklaunch/

🔗 LINKS:

https://www.biggerpockets.com/smallandmighty

🎬 AUDIO TIMESTAMPS:

0:00 - Preview

0:52 - New Book Now Available!

1:53 - I Will Be Interviewed by Sean McKay!

2:46 - Feelings on the Book

4:36 - Defining "Small & Mighty Investor"

7:37 - Going Against the Grain

16:37 - Concerns About Quantity-Based

23:38 - Working with Your Business Partner

29:43 - The Right Time for First Time Investors

38:15 - Syndication

45:25 - Characteristics of a Small and Mighty Investor

55:58 - Where to Buy the New Book

01:02:29 - Conclusion

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🧰MY FAVORITE REAL ESTATE & MONEY TOOLS:

- Deal Machine - software to help you buy more real estate deals - https://www.coachcarson.com/dealmachine

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💰CREATIVE FINANCING COURSE🏘️

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🎧SUBSCRIBE to the podcast for more episodes about how to achieve financial independence and do what matters using real estate investing! https://coachcarson.com/podcast

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

▶️WATCH my YouTube channel - Coach Carson TV - for tutorials, tips, strategies, and interviews https://www.youtube.com/user/CoachChadCarson?sub_confirmation=1

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📋 GET MY FREE REAL ESTATE INVESTOR TOOLKIT https://coachcarson.com/reitoolkit

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

FOLLOW ME ON INSTAGRAM 📸 https://www.instagram.com/coachcarson1/

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READ MY BOOK ON RETIRING EARLY 📚 https://www.coachcarson.com/retirementbook

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👋👋 SAY HI ON SOCIAL https://www.facebook.com/coachchadcarson/ https://twitter.com/CoachChadCarson

#299: From Ordinary to Extraordinary: Transforming an 8-unit Building into a Cashflowing Powerhouse Jul 17, 2023

Show notes

Episode #299 - Dive deep into Joe's $1.75 million 8-unit apartment purchase! After months of sweat equity, he and his wife transformed it into a gorgeous Airbnb powerhouse, making 2-3 times more money than the previous owner.

📑 COMPANION ARTICLE/SHOW NOTES: https://www.coachcarson.com/airbnbtransformation/

🔗 LINKS:

Joe's 8-unit Hotel: https://www.switchbacksuites.com

Joe's prior episode: https://www.coachcarson.com/montanahousehacks/

🎬 TIMESTAMPS:

0:00 - Seeing the vision

2:35 - Living in an RV

4:53 - Why Kalispell, Montana

6:36 - Current rentals

11:53 - ADU Househack

15:45 - How to find deals

26:30 - Negotiation

30:14 - 3 offers

34:03 - 2x -3x rents

45:25 - Owner counteroffers

50:47 - Financing structure

53:33 - Repairs & final numbers

57:03 - Property performance

1:04:35 - Net cashflow numbers

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🧰MY FAVORITE REAL ESTATE & MONEY TOOLS:

- Deal Machine - software to help you buy more real estate deals - https://www.coachcarson.com/dealmachine

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💰CREATIVE FINANCING COURSE🏘️

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

🎧SUBSCRIBE to the podcast for more episodes about how to achieve financial independence and do what matters using real estate investing! https://coachcarson.com/podcast

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

▶️WATCH my YouTube channel - Coach Carson TV - for tutorials, tips, strategies, and interviews https://www.youtube.com/user/CoachChadCarson?sub_confirmation=1

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

📋 GET MY FREE REAL ESTATE INVESTOR TOOLKIT https://coachcarson.com/reitoolkit

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

FOLLOW ME ON INSTAGRAM 📸 https://www.instagram.com/coachcarson1/

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

READ MY BOOK ON RETIRING EARLY 📚 https://www.coachcarson.com/retirementbook

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

👋👋 SAY HI ON SOCIAL https://www.facebook.com/coachchadcarson/ https://twitter.com/CoachChadCarson

#298 - From Bankruptcy to Debt-Free Rental Portfolio - One Family's Journey Jul 10, 2023

Show notes

Episode #298 - After receiving a devastating phone call from his mother, Anthony and his family go on a 7 year journey to climb out of bankruptcy. The family goes through emotional growth along the way, while finding out exactly what a successful real estate business looks like.

📑 COMPANION ARTICLE/SHOW NOTES:

https://www.coachcarson.com/bankruptcy/

🔗 LINKS:

Anthony's Instagram: https://www.instagram.com/stackbread3000/

🎬 AUDIO TIMESTAMPS:

0:00 - Bankruptcy call

4:48 - Background in M&A

7:08 - Call that changed everything

13:31 - Family's portfolio

17:03 - What family did right

23:18 - Diagnosis & action steps

34:11 - Ray of hope

38:08 - Paid of EVERYTHING

42:19 - Willingness to learn

47:28 - Empathy in RE

I50:50 - Impact on family

54:34 - Final advice

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🧰MY FAVORITE REAL ESTATE & MONEY TOOLS:

- Deal Machine - software to help you buy more real estate deals - https://www.coachcarson.com/dealmachine

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

💰CREATIVE FINANCING COURSE🏘️

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

🎧SUBSCRIBE to the podcast for more episodes about how to achieve financial independence and do what matters using real estate investing! https://coachcarson.com/podcast

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

▶️WATCH my YouTube channel - Coach Carson TV - for tutorials, tips, strategies, and interviews https://www.youtube.com/user/CoachChadCarson?sub_confirmation=1

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

📋 GET MY FREE REAL ESTATE INVESTOR TOOLKIT https://coachcarson.com/reitoolkit

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

FOLLOW ME ON INSTAGRAM 📸 https://www.instagram.com/coachcarson1/

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

READ MY BOOK ON RETIRING EARLY 📚 https://www.coachcarson.com/retirementbook

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

👋👋 SAY HI ON SOCIAL https://www.facebook.com/coachchadcarson/ https://twitter.com/CoachChadCarson

#297: Rental properties are passive ENOUGH! Jul 03, 2023

Show notes

Episode #297 - Learn how passive rental properties are compared to stocks/bonds, owning a business, or even a regular job. Remember, managing 10 tenants is a whole lot easier than managing 10 employees.

📑 COMPANION ARTICLE/SHOW NOTES: https://coachcarson.com/passive-enough

🔗 LINKS:

Subscribe to my new book updates! https://coachcarson.com/newsletter

🎬 AUDIO TIMESTAMPS:

0:00 - Common objections

2:58 - Job vs. Rentals

8:49 - Earn $120K/yr working 2hrs/week?

10:21 - Biggest rental risks

13:46 - Businesses vs. Rentals

19:07 - Stocks vs. Rentals

20:52 - More passive = less control

25:32 - Which fork will you take?

28:56 - Sneak preview

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🧰MY FAVORITE REAL ESTATE & MONEY TOOLS:

- Deal Machine - software to help you buy more real estate deals - https://www.coachcarson.com/dealmachine

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

💰CREATIVE FINANCING COURSE🏘️

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

🎧SUBSCRIBE to the podcast for more episodes about how to achieve financial independence and do what matters using real estate investing! https://coachcarson.com/podcast

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

▶️WATCH my YouTube channel - Coach Carson TV - for tutorials, tips, strategies, and interviews https://www.youtube.com/user/CoachChadCarson?sub_confirmation=1

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

📋 GET MY FREE REAL ESTATE INVESTOR TOOLKIT https://coachcarson.com/reitoolkit

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

FOLLOW ME ON INSTAGRAM 📸 https://www.instagram.com/coachcarson1/

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

READ MY BOOK ON RETIRING EARLY 📚 https://www.coachcarson.com/retirementbook

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

👋👋 SAY HI ON SOCIAL https://www.facebook.com/coachchadcarson/ https://twitter.com/CoachChadCarson

#296: How a Couple Bought 11 Rental Units in 5 Years (Starting $100k in Debt) Jun 26, 2023

Show notes

Episode #296 - Discover the FI couple's invaluable negotiation strategies and powerful network connections that enabled them to secure $1.3 million in real estate. Be inspired as they share how they achieved financial freedom in 5 years, built a steady cash flow, and unlocked the secrets to optimizing their rental business.

📑 COMPANION ARTICLE/SHOW NOTES:

https://www.coachcarson.com/ficouple/

Links:

Get the FI Couple's Deal Analyzer: https://theficouple.gumroad.com/l/dealanalyzer

Paying Off $100k in Debt While Investing in Real Estate - the FI Couple: https://youtu.be/nsza3x9m3Ug

Stay in touch with the FI Couple:

Website: https://www.theficouple.com

Instagram: https://www.instagram.com/theficouple/

Twitter: https://twitter.com/theficouple

🎬 AUDIO TIMESTAMPS:

0:00 - No connections, no knowledge

2:43 - Paying of $100k

4:53 - How to get started even with debt

7:17 - 1st deal financing

9:41 - Scaling to $1.3 million

13:50 - How to find great deals

20:49 - 2023 deal

26:23 - Negotiation tactics

29:21 - Benefits of Seller Financing

35:57 - Deal numbers45:52 - Treating tenants right

47:09 - Summary

______________________

🧰MY FAVORITE REAL ESTATE & MONEY TOOLS:

- Deal Machine - software to help you buy more real estate deals https://www.coachcarson.com/dealmachine

__________

💰CREATIVE FINANCING COURSE🏘️Learn to finance your deals successfully, even with high interest rates. My online course teaches you how to use non-traditional funding sources for real estate, like private money, self-directed retirement accounts, seller financing, lease options, subject-to, and more. Includes paperwork!

https://coachcarson.com/creativefinancing

__________

🎧SUBSCRIBE to the podcast for more episodes about how to achieve financial independence and do what matters using real estate investing! https://coachcarson.com/podcast

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

▶️WATCH my YouTube channel - Coach Carson TV - for tutorials, tips, strategies, and interviews https://www.youtube.com/user/CoachChadCarson?sub_confirmation=1

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

📋 GET MY FREE REAL ESTATE INVESTOR TOOLKIT https://coachcarson.com/reitoolkit

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

FOLLOW ME ON INSTAGRAM 📸 https://www.instagram.com/coachcarson1/

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

READ MY BOOK ON RETIRING EARLY 📚 https://www.coachcarson.com/retirementbook

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

👋👋 SAY HI ON SOCIAL https://www.facebook.com/coachchadcarson/ https://twitter.com/CoachChadCarson

#295: Build Big Wealth One Rental at a Time - with Michael Zuber Jun 19, 2023

Show notes

🎙️ Episode #295 - What makes a small and mighty real estate investor so powerful? Why does the gradual approach of acquiring 1 property at a time turn into a blue chip stock later on? Gain valuable insights on how many properties it takes to reshape your real estate investment unlock long-term success.

📑 COMPANION ARTICLE/SHOW NOTES: https://www.coachcarson.com/michaelzuber/

🔗 Connect with Michael: