Real Estate Investing with Coach Carson

Bryan Maddox, an investor-friendly mortgage broker, shares crucial insights into cash-out refinancing. He explains how this strategy can help real estate investors tap into their home equity to boost cash flow and fund new investments. The conversation covers the benefits of working with a broker and the differences between cash-out refis and home equity lines of credit. Maddox also discusses navigating risks and the importance of informed financial decisions, making a compelling case for understanding these refinancing options in today's market.

⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: http://coachcarson.com/rpm    3️⃣ Get your 3 Rentals FREEBIE: https://coachcarson.com/3-rentals   🎙️ Episode #438 – How three rentals and three years of hustle turned into $108K a year in retirement income. Learn the CoastFi strategy that lets this couple work hard now, coast later, and enjoy life in between.   ▶️ Next Episode: He Stopped Saving Money…And Still Hit Financial Independence https://podcasts.apple.com/us/podcast/429-he-stopped-saving-money-and-still-hit-financial/id1448707654?i=1000718287668   📄 Show Notes:  https://www.coachcarson.com/thirtyyearsoffreedom/   🎬 TIMESTAMPS: (0:00) - A couple’s journey to financial freedom (0:40) - Using CoastFI to build wealth (4:00) - Understanding property investment types (5:45) - Choosing good locations (8:15) - Planting seeds for the future (9:40) - Estimating retirement cash flow  (11:20) - Don’t defer life (12:00) - Small & mighty investments (12:35) - The power of compounding (13:20) - Get your free cheat sheet  (13:42) - Stop saving money and still hit FI ____________________________________________________________________ ⚒️ 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 💵 Need Investor-Friendly Financing? This is who I trust → https://www.coachcarson.com/bryan 💰 DealMachine – Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine-YT

Omni Casey, a savvy investor who achieved financial freedom twice by 30, discusses the deeper purpose behind wealth creation. He emphasizes the importance of community and strategic relationships in long-distance real estate investing. Listeners will learn about cash flow dynamics, the significance of local teams, and how to evaluate markets effectively. Omni shares his insights on leveraging properties for long-term wealth while navigating the complexities of investment and the journey to true financial independence.

Discover how to accurately measure cash flow from rental properties using effective formulas. Learn about the crucial roles of location and financing in your investment decisions. Uncover strategies to enhance cash flow and set realistic goals. Emphasizing patience, the podcast compares real estate investing to nurturing a fruit tree, highlighting that returns take time. Listeners will gain practical insights and resources for thorough property analysis.

Amanda Han and Matthew McFarland, CPAs at Keystone CPA, share insights on how the new tax bill can significantly enhance rental property profitability. They delve into the reinstatement of 100% bonus depreciation, highlighting strategies to write off expenses. The duo explains the real estate professional status, short-term rental tax advantages, and recent changes to tax deductions, including increased limits for high-tax states. They also discuss empowering children's financial futures with new investment accounts, making tax planning approachable and beneficial for all investors.

Can you really earn 15% returns on rental properties? The discussion dives into leveraged mortgages and potential risks, revealing strategies to enhance returns. By analyzing a specific case in Clemson, valuable insights into pricing and purchasing tactics emerge. Key financial metrics like rent-to-price ratio and net operating income are explored, emphasizing the necessity of thorough preliminary analyses in making informed investment choices. It's a blend of optimism and strategic planning for aspiring rental property investors.

Daniel Mills, a tenured professor residing in Japan, manages a portfolio of over 10 rental properties in the U.S. He discusses overcoming the challenges of long-distance investing, including choosing the right markets and finding reliable property management. Mills shares valuable strategies for evaluating potential investments and the importance of aligning financial goals with personal values. He emphasizes the significance of education and networking in achieving financial freedom while navigating language barriers and building a trustworthy local team.

Delve into the art of tough conversations that can transform your real estate investments. Discover how discussing uncomfortable topics with sellers, tenants, and partners can lead to lucrative deals. Learn practical tips for making difficult offers and avoiding late tenant payments. Get inspired by personal anecdotes that highlight the power of negotiation. Plus, explore strategies to navigate challenging situations and take decisive action within a supportive community.

Join a lively trivia game where the contestant tackles real estate questions for a chance to win a prize! Discover the journey to becoming a 'time billionaire' through strategic investing and personal time management. Key topics include the essential profit drivers in real estate, the importance of making offers, and the superpower of bookkeeping. The discussion also emphasizes diverse investment strategies like house hacking and personal well-being, creating a roadmap to financial freedom and a balanced life.

Discover why choosing blue-collar, or 'hard hat' tenants can be a game-changer for landlords. Contrary to popular belief, these tenants often provide stability, reliability, and better property care. The discussion reveals the surprising advantages of lower-income tenants and emphasizes the importance of thorough tenant screening. With personal anecdotes, the host shares insights on how higher income doesn't necessarily mean better tenants, challenging common assumptions in real estate investing.