Real Estate Investing with Coach Carson

Aaron, a new dad and former concert organizer, shares his inspiring transition to real estate investing, building a portfolio of 8 rental properties while navigating long distances. He discusses how his music industry skills helped him overcome challenges and the strategies that fueled his growth. Aaron reflects on the importance of due diligence in remote investing and lessons learned about property management. His journey highlights the blend of personal growth and financial independence, all while balancing family life.

Kelli, a savvy real estate investor, shares how she and her husband transformed a distressed property into a profitable rental, leveraging a $223K HELOC. They discuss innovative budgeting strategies, overcoming challenges like mold and water damage, and successfully executing the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) method. Kelli highlights the importance of hands-on skills and effective negotiation tactics in navigating the competitive property market, providing valuable insights for aspiring investors.

Doctor Louis Stone, a pivotal mentor in real estate, shares insights on shaping successful careers. He and Chad discuss their journey from Clemson University, highlighting the importance of mentorship in navigating challenges. Key topics include the '4Fs' strategy for investment success and the shift from earning through labor to strategic investing. Louis emphasizes the balance between business relationships and personal well-being, advocating for a focused approach to wealth building and the power of community support in real estate.

Discover the inspiring journey of house hacking a four-plex that led to an impressive $358,000 gain over 18 years. Learn about the creative financing strategies and relationship-building with lenders that paved the way for success. Unpack the transformation of a distressed property into a profitable rental, including key renovations and management insights. Delve into financial returns, analyzing cash flow, appreciation, and future projections of the investment. Perfect for those eager to explore real estate opportunities!

This discussion challenges the belief that LLCs are essential for small-scale real estate investors. It tackles common misconceptions, highlighting that new investors may benefit more from focusing on foundational knowledge than complicated legal structures. The hosts explore various strategies for personal liability protection, emphasizing proactive property management and insurance over forming an LLC. Listeners will discover a more nuanced approach to asset protection and the importance of tailoring strategies to individual circumstances.

Jaren, known as Finance Cowboy, turned his life around from $100K in debt to owning 22 rental properties worth $2 million. He shares his journey of overcoming financial hardship and the crucial role of networking in real estate. Discover how the BRRRR method helped him expand his portfolio and the importance of creative financing. Jaren emphasizes the value of time flexibility and offers insights on navigating today's market challenges. His story inspires others to pursue financial independence through smart investing.

⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: https://www.coachcarson.com/rpm 🎙️ Episode #357 – Achieving financial freedom requires a massive portfolio of rentals and decades of effort is a myth. Here's a step-by-step plan to build wealth with just 5 small and simple rentals instead. ▶️ Next Episode: How to Analyze a Rental Property (No Calculators or Spreadsheets Needed!)  https://youtu.be/ExFWAYXr11s 📄 Show Notes: https://www.coachcarson.com/10simplerentals/ 🎬 Timestamps: 0:00 - Gaining Financial Freedom Doesn't Have to Take So Long 00:55 - Finding Your Number that Defines Your Financial Freedom 05:16 - The Number of Properties to Have Financial Freedom 09:07 - The 4 Steps Towards Your Financial Freedom 18:18 - How to Analyze a Rental Property -------------------------- ⚒️ 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 💰 DealMachine – Software to help you buy more real estate deals:  https://www.coachcarson.com/dealmachine 

⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: https://www.coachcarson.com/rpm 🎙️ Episode #356 – Out of cash, but you found an amazing real estate deal? Learn the nitty-gritty about leveraging hard money lenders while understanding the challenging risks. Coach and Justin present a step-by-step approach to ensure you never miss out on a great investment! ▶️ Next Episode: How to Calculate Internal Rate of Return (IRR) https://www.coachcarson.com/irr/ 📄 Show Notes: https://www.coachcarson.com/hardmoneylenders/ 🎬 Timestamps: 0:00 - Ins and outs of hard money lending 1:04 - Finding the perfect deal but having no money 3:22 - Locking up a good deal FIRST 5:41 - What is hard money? 11:44 - "4 C's" of hard money lending 18:10 - Logistics of hard money loans 21:06 - Challenges of hard money 31:54 - Private money vs. hard money lender 39:06 - Tips to the run the "money lender marathon" 43:32 - Start out with a short-term loan 48:52 - Credit Partnerships 57:04 - How to use Internal Rate of Return (IRR) 🔗 Connect with Justin:  • FREE closing checklist for borrowers and lenders: https://www.lenderscollective.com/resources/ • Facebook: https://www.facebook.com/profile.php?id=100045631728890 • LinkedIn: https://www.linkedin.com/in/justin-foster-3a7b3014/ -------------------------- ⚒️ 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 💰 DealMachine – Software to help you buy more real estate deals:  https://www.coachcarson.com/dealmachine 

Alisha, a determined investor, transformed her life from being $200K in law school debt to building a million-dollar rental portfolio. She shares her unconventional journey of living in an RV with her husband to save money and strategically investing in properties in Texas and Mississippi. Alisha discusses the debt snowball method, the impact of renovations on property value, and crucial strategies for navigating the real estate market. Her insights are a treasure for aspiring investors looking to embrace financial freedom.

Justin, a seasoned expert in real estate, shares insights on becoming a preferred buyer for wholesalers. He emphasizes the importance of building strong relationships and crafting a clear buying strategy for quick decision-making. Listeners learn how to effectively engage with wholesalers to find discounted rental properties. Justin also discusses financial preparedness for swift transactions and offers valuable tips on evaluating distressed properties. With a focus on confidence and trust-building, he highlights strategies that can significantly enhance investment opportunities.