Real Estate Investing with Coach Carson
#309: How to Create $10k Per Month Rental Cash Flow, Starting From Scratch
Sep 18, 2023
Explore two different paths to financial independence in real estate. Meet Liz and Tom in St. Louis who achieved wealth and long-term equity. Discover Tiffany and Darius in the Bay Area who utilized the Burr strategy to invest in affordable properties. Learn about their cash flow strategies, flexible financing, and managing rental properties.
39:12
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Quick takeaways
- Tiffany and Darius achieved financial independence by strategically paying down debt and obtaining cash flow from their rental properties.
- The case studies highlight the different paths to financial independence in real estate, emphasizing the importance of adapting strategies based on the phase of the journey.
Deep dives
Getting Started with House Hacking
Tiffany and Darius begin their real estate journey with house hacking. They find a multi-unit property in Oakland, California and use an owner-occupant loan to get a lower down payment. They live in one unit and rent out the others.
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