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!

In this episode: designing your life, real estate investing, pain points, working backward, and finding your sweet spot. This week we are rejoined by friend of the podcast Chad Carson to discuss his new book "The Small and Mighty Real Estate Investor: How to Reach Financial Freedom with Fewer Rental Properties," as well as cover some strategies he’s picked up during his real estate investing journey. While investing in real estate can be a full time job, for many listeners it can also be seen as a way to generate additional income. Although getting started can seem a little daunting, Chad offers excellent insights on how to confidently begin real estate investing and stay motivated towards having your investments align with your personal goals and desired life! Chad Carson: Get 10% off Chad's book coming out on July 20th, "The Small and Mighty Real Estate Investor: How to Reach Financial Freedom with Fewer Rental Properties," with the promo-code "choosefi" Timestamps: 1:02 - Introduction 4:34 - Designing Your Life 14:36 - Walkability and Location 23:39 - Buying Around Pain Points 28:08 - Working Backwards for Solutions 34:55 - Transition From Buying to Paying Off 43:52 - Working In Your Sweet Spot 52:02 - What You Can't Outsource 57:10 - Conclusion Resources Mentioned In Today’s Episode: "The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich" By Timothy Ferriss Strong Towns Of Dollars and Data "Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence" by Vicki Robin, Joe Dominguez, and Mr. Money Moustache Subscribe to The FI Weekly! More Helpful Links and Resources: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Keep learning or start a new side hustle with one of our educational courses Commission-Free Investing with M1 Finance  

Real estate investors Jillian Johnsrud and Chad Carson discuss the benefits of small real estate investing and challenge common notions of leveraging debt. They emphasize the importance of aligning real estate with desired lifestyle and share personal examples of community involvement and positive impact. The episode also includes a discussion on Chad Carson's new book on practical steps and philosophy for smaller investors.

Chad Carson, an early retiree and real estate expert, shares his journey from working 80-hour weeks to enjoying financial freedom. He discusses redefining success by focusing on a smaller portfolio that creates significant passive income while allowing for personal fulfillment. Listeners learn why having hundreds of rental doors isn't always ideal, and Chad emphasizes aligning investment strategies with life goals. He encourages reflection on personal aspirations and offers insights on achieving a balanced and satisfying real estate experience.

In this engaging discussion, Chad Carson, a distinguished real estate investor and author, shares how he achieved financial independence in his 30s. He emphasizes the power of starting small with rental properties and using Other People’s Money (OPM) to grow wealth. Chad dives into lessons learned from economic downturns, the importance of tactical debt management, and the benefits of single-family homes. His personal journey illustrates how embracing risk and strategic thinking can lead to lasting financial freedom.