The Side Hustle Show

Side Hustle Showdown: Buying a Business vs. Investing in Real Estate (Greatest Hits)

11 snips
Dec 5, 2024
Chad Carson, a seasoned real estate investor with over 100 properties, and Codie Sanchez, a savvy business owner and author, dive into the great debate of buying businesses versus investing in real estate. They discuss their unique portfolios, strategies for acquiring cash-flowing assets, and the essential steps for getting started. Both share valuable lessons from their journeys, including common pitfalls and creative financing options. Tune in for insights on achieving financial independence through smart investments!
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ADVICE

Starting with Small Capital

  • Learn about business acquisition through resources like "Buy Then Build" by Walker Deibel.
  • Consider investing in businesses related to your existing expenses or skills, like Codie did with her landscaper.
ADVICE

Real Estate Investing Advice

  • Focus on simple, understandable businesses and locations you know.
  • Look for undervalued properties with potential for improvement, balancing cash flow and appreciation.
INSIGHT

Business vs. Real Estate Returns

  • Small business acquisitions can offer higher cash-on-cash returns (sometimes triple digits) compared to real estate's 8-20%.
  • This is due to shorter payoff periods (2-3 years) from leveraging SBA loans and seller financing.
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