Real Estate Investing with Coach Carson

#399: From Laid Off to 40 Rentals - A Real Estate Comeback Story

10 snips
Apr 7, 2025
Discover an inspiring journey of overcoming adversity after a job loss, leading to a remarkable 40-unit real estate portfolio. Learn how strategic use of loans and business acquisitions helped one immigrant thrive. Explore innovative approaches like house hacking and the BRRRR strategy, emphasizing adaptability in changing markets. Gain insight into the benefits of investing in healthcare alongside real estate, and uncover the significance of sound financial decisions for achieving true freedom. This story is a blueprint for escaping the 9-to-5.
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ANECDOTE

From COO to Uber

  • Lew worked for 17 years in healthcare, rising to COO, before being laid off.
  • He started driving for Lyft and Uber while searching for a new job, ultimately finding one as an HR director with a 4-hour daily commute.
ADVICE

Financial Freedom Planning

  • Calculate your essential living expenses to set a clear financial freedom target.
  • Ensure your rental income can cover this baseline before leaving your job for financial independence.
ANECDOTE

Living Expense Free

  • Lew house hacks by renting part of his home and having his businesses pay rent, eliminating his mortgage.
  • His lending business covers car and phone expenses, demonstrating creative expense management.
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