Real Estate Investing with Coach Carson #291: How to Buy Rental Properties That Cash Flow in 2023 - with John Schaub
⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: http://coachcarson.com/rpm
🎙️ Episode #291 - John Schaub has been investing in rentals for 5 decades, and he's seen high interest rates, recessions, inflation, and more. In this interview, he shares his advice for investors in 2023 about how to structure deals that cash flow today and build wealth over the long run. Whether you're a new investor or more experienced, you'll benefit from his perspective and grounded investing wisdom.
▶️ Next Episode: My Step-by-Step Due Diligence Process to Avoid Big Real Estate Mistakes
📄 Show Notes: https://www.coachcarson.com/cash-flow-rentals-2023-Schaub
🔗 Connect with John:
- Updated Book - Building Wealth One House at a Time: https://amzn.to/41W6mDR
- Website: https://www.johnschaub.com/
- John's seller financing course: https://www.johnschaub.com/product/buying-and-selling-with-owner-financing/
- 2021 Interview with John: https://www.coachcarson.com/johnschaub2021/
🎬 TIMESTAMPS:
0:00 - Buy where there aren't many rentals elsewhere
3:13 - Business and Rental Licenses
5:41 - Where is the economy in 2023?
11:00 - The fundamentals for real estate investors
14:42 - Types of locations to look for
19:52 - Types of properties to look for
24:27 - Economics of a good investment property
34:03 - Sample investment deal
43:23 - The BRRRR Method
46:15 - Tips on investing later in life
49:21 - Making decisions as an investor
54:45 - John talks about his book
56:30 - Due diligence to avoid big mistakes
____________________________________________________________________
⚒️ 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-YT