Real Estate Investing with Coach Carson

Discover the vital role of cash reserves for rental properties and how too little can lead to trouble. Learn from personal experiences during the 2008 recession, as well as practical strategies for striking the right balance. Explore effective cash management techniques, including maintaining separate accounts. Finally, find out how joining a supportive community can enhance your skills and help you achieve financial independence in real estate investments.

🏠 TurboTenant – Streamline Your Property Management for Free: https://www.coachcarson.com/turbotenant ⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: http://coachcarson.com/rpm 🎙️ Episode #393 - A single eviction can cost you $10,000 or more—not to mention the stress, frustration, and sleepless nights. Andy Gil has been through it firsthand, facing con artists, legal battles, and painful lessons. But could it all have been avoided? ▶️ Next Episode: How to Raise Rents the RIGHT WAY | For Small Landlords https://podcasts.apple.com/us/podcast/336-how-to-raise-rents-the-right-way-for-small-landlords/id1448707654?i=1000650340124 📄 Show Notes: https://www.coachcarson.com/andygil/ 🎬 Timestamps: (00:00) - Recent Costly Eviction Experiences (03:13) - Eviction Process and Challenges (06:51) - Reflecting on Red Flags and Tenant Screening (09:47) - Mindset During Difficult Tenant Situations (11:55) - Advice for New Landlords Facing Emotional Storms (13:04) - Andy's Philosophy on Tenant Relationships (15:01) - Long-Term Benefits of Treating Tenants Well (17:22) - Earning Respect and Building Trust with Tenants (19:24) - Screening Tenants to Avoid Costly Evictions ­(­24:08) - Managing Tenant Applications and Referrals (28:11) - Advantage of Being a Small Landlord (29:53) - Setting Boundaries (32:37) - Finding Personal Fulfillment in Real Estate (37:16) - Encouragement to Help Others Succeed (38:28) - How to Raise Rents the Right Way, For Small Landlords 🔗 Connect with Andy Gil: Instagram: https://www.instagram.com/coachandygil/ ____________________________________________________________________ ⚒️ 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-YT

⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: https://coachcarson.com/rpm 🎙️ Episode #392 - Saving for the future is smart—but waiting too long to enjoy your wealth can backfire. Learn how to strike the right balance between building and living so you don't become the richest dead person! 📄 Show Notes: https://www.coachcarson.com/richestdeadperson/ 🎬 Timestamps: (0:00) - The Trap of Delayed Gratification (1:33) - Balancing Wealth and Enjoyment (2:29) - The Golden Mean and Financial Wisdom (5:42) - Three Stages of a Rental Investor (8:36) - Personal Journey and Lessons Learned (14:05) - Encouragement to Take Action ____________________________________________________________________ ⚒️ 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-YT

In this conversation, John Schaub, a seasoned landlord with over 50 years of experience, unveils practical and affordable strategies to protect your real estate wealth. He argues that LLCs may not be the best option, sparking fascinating insights on risk management. Key discussions include the significance of insurance, managing ownership structures, and minimizing transactions. Schaub also emphasizes the importance of diversification and the role of understanding legalities in safeguarding investments, all while promoting a balanced approach to enjoying wealth.

Discover how true wealth might be knowing when you have enough, inspired by the tales of Kurt Vonnegut and Joseph Heller. Explore the fulfillment curve to see how chasing excess can diminish happiness. Learn to define success based on personal values rather than societal pressures. Delve into the importance of gratitude while still maintaining ambition, especially within the context of real estate investing. The conversation encourages self-reflection, leading to a more balanced path towards financial independence.

⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: https://coachcarson.com/rpm 🎙️ Episode #389 – Are real estate investors really to blame for the housing crisis? Some say they're driving up prices and squeezing out homebuyers - but is that the full story? Let's break down the facts behind this hot debate. ▶️ Next Episode: Crash Course on ADU Rental Investing https://podcasts.apple.com/us/podcast/341-crash-course-on-adu-rental-investing-accessory/id1448707654?i=1000653891510 📄 Show Notes: https://www.coachcarson.com/housingcrisis/ 🎬 Timestamps: (00:00) - Real Estate Controversy (00:43) - Breaking Down Investor Types (02:59) - Wall Street's Role in Real Estate (08:26) - Mom and Pop Landlords (11:13) - The Housing Market Crisis (16:57) - Economic Factors and Housing (20:13) - Inflation and Debt: The Real Estate Advantage (20:59) - Simplifying Real Estate Investment (21:25) - Interest Rates and Long-Term Strategy (22:44) - The Role of Landlords (26:18) - The Value of Renting (29:50) - A Solution to Housing Supply (31:43) - Policy and Economic Considerations for ADUs (36:31) - Crash Course on ADU Rental Investing 🔗 Connect with Michael: Youtube: https://www.youtube.com/@OneRentalataTime Website: https://onerentalatatime.com Keep your Strategy Simple: https://youtu.be/zZyzvXnkaWU?si=Zyshafa_Vd5ZSUvd ______________________________________ ⚒️ 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

Real estate investing has its ups and downs. The journey involves a messy growth phase followed by a critical cleanup phase. Understanding these cycles can help investors strengthen their portfolios. Personal experiences and lessons reveal the importance of self-awareness during this process. The discussion offers valuable insights on balancing growth with necessary cleanup, plus resources for maximizing success. It's all about turning chaos into order and building a sustainable future in real estate.

Vacant rentals can be a financial burden, but there are simple fixes! Discover five key reasons why properties may not be renting. Improvements in marketing, appealing listings, and management can make all the difference. Learn how pricing adjustments and a service-oriented mindset help attract tenants. Plus, effective tenant screening and property showings can enhance your leasing strategy. Tune in for actionable tips to fill your rental fast!

Discover why a 30-year mortgage can be a real estate investor's best friend. It offers enhanced cash flow and flexibility, allowing you to weather economic challenges effectively. Learn how it reduces risk and supports the rental debt snowball strategy for quicker property payoff. This approach can accelerate your journey toward financial freedom. Say goodbye to the misconception that shorter is better!

Uncover the secrets to achieving financial freedom through real estate by 2025. Learn about the impactful 6% rule and the 'tortoise strategy' for steady growth. Discover the advantages of acquiring one property per year while managing your income and expenses effectively. Explore essential financing tools and the importance of negotiation skills in property acquisition. Lastly, embrace patience and teamwork as fundamental aspects for successful long-term wealth building in real estate.