The Side Hustle Show
Side Hustle Showdown: Buying a Business vs. Investing in Real Estate (Greatest Hits)
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!
59:26
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Quick takeaways
- Investing in rental real estate offers steady cash flow and long-term appreciation, while buying small businesses can provide immediate income and leverage.
- Effective cash flow management is crucial, highlighting the necessity for real estate diversification and acquisition of cash-positive small businesses.
Deep dives
Real Estate vs. Business Buying
The episode presents a debate between real estate investing and buying small businesses as viable side hustles. Real estate remains a time-tested approach, with experts arguing that it offers steady cash flow and long-term appreciation. Buying a small business, on the other hand, can provide immediate income and leverage, allowing investors to benefit from existing operations. Both options emphasize the importance of understanding the market and applying effective management to maximize profitability.
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