Real Estate Investing with Coach Carson

Episode #34 - What cap rate is good for a rental property? How do you know if you have a good real estate investment?   In this episode of Ask Coach, Chad explains the two criteria he uses to judge if a rental is a good deal. And he also shares what cap rate he looks for with his purchases.   --------------------------   If you want to support the show, here are some easy ways: 1) Leave an iTunes...

Episode #33 - How do you retire, live off your investments, and never run out of money? Big challenge, right? I have a plan to do that with rental properties, and I share that rental retirement strategy, in detail, in this episode. For a companion article & show links visit:  https://www.coachcarson.com/rental-retirement-strategy/ -------------------------- :) If you want to support the show, here...

Episode #32 - Replacing your job salary with passive income from investments like rental properties is usually the goal of financial independence. But it's also scary to actually take the leap and leave your job! In this episode of Ask Coach, Chad shares three key steps he's taken to feel more financially confident without the security of a regular job salary. --------------------------   If you w...

Episode #31 - Money isn't the only way to measure wealth. A more balanced approach is to accumulate all three of the currencies of life - time, money, & mobility. This episode explains what the three currencies are and how it's changed the direction of my business, investing, and life. For a companion article & show links visit:  https://www.coachcarson.com/three-currencies-of-life/ --------------...

Episode #30 - Education and learning is great. But when you get stuck as a perpetual learner and never get started it can become frustrating and even lead you to quit. In this episode of Ask Coach, Chad gives some advice to those stuck in analysis paralysis or perpetual learning so that you can begin moving forward toward your goals. --------------------------   If you want to support the show, he...

Episode #29 - Slowing down and living more deliberately have many personal and professional benefits. In this episode, learn practical strategies to slow down and get more out of life. For a companion article & show links visit:  https://www.coachcarson.com/slowing-down/ -------------------------- :) If you want to support the show, here are some easy ways: 1) Leave an iTunes review:  https://coac...

Episode #28 - We real estate investors sometimes accumulate properties but get stuck in a place where we work a lot but don't get a lot of financial reward. It can be frustrating and even lead to burn out. In this episode of Ask Coach, Coach Carson tackles how to get unstuck and improve this situation so that you can receive the lifestyle benefits that led you to invest in real estate in the first...

Episode #27 - How do you plan to save for college for your kids or grandkids? This episode shares a real-life case study of how I plan to use two properties to save and pay for college with real estate investing. For a companion article & show links visit:  https://www.coachcarson.com/save-for-college-real-estate-investing/   -------------------------- :) If you want to support the show, here are...

Episode #26 - How do you manage a rental property remotely? If you plan to live far from your rental property, either permanently or for a short time, you need to have a plan for remote property management.   In this episode of Ask Coach TV, Coach Carson tackles this question and shares his experience managing properties for 17 months while living abroad with his family in Ecuador.   -------------...

Episode #25 - The math to achieve an early retirement is simple. But applying that math will require some uncommon thinking & effort. This episode shows how. For a companion article & show links visit:  https://www.coachcarson.com/early-retirement-simple-math/  The Mr. Money Mustache article that inspired this episode:  http://www.mrmoneymustache.com/2012/01/13/the-shockingly-simple-math-behind-ea...

Episode #24 - If a recession is coming soon, should you still invest in real estate? Markets go up and down in cycles, especially in real estate. So, you should always be prepared for the next economic changes coming. In this episode of Ask Coach TV, Coach Carson tackles how to invest before a recession and shares his experiences (good and bad) from investing during the last recession in 2008-2009...

Episode #23 - My family and I spent 17 months living abroad in Cuenca, Ecuador. In this episode, I share 17 insights from our experience, including the funny (like my Spanish mistakes!), the fascinating, the heart warming, and the inspiring.   For a companion article & show links visit:  https://www.coachcarson.com/17-insights-17-months-living-abroad/ The TED Talk I reference from Steven Pinker th...

Episode #22: Should you invest in mobile homes as buy and hold rental properties? These properties sometimes have a bad reputation, but they can be outstanding investments and also source of affordable housing for tenants. In this episode of Ask Coach TV, Coach Carson shares his experience investing in mobile homes and why you might want to consider doing the same. For show notes, please visit htt...

Episode #21 - This episode shares 6 real-life examples of how new real estate investors took baby steps to get started. The examples include rentals, flips, and wholesale deals. For a companion article & show links visit:  https://www.coachcarson.com/first-rental-flip-wholesale/ For more details on two of the case studies, see the following investor profile articles:  https://www.coachcarson.com/c...

Episode #20: Can you invest in real estate as a college student with very little money or resources? The answer is yes, but you have to play to your strengths and compensate for your weaknesses. In this episode of Ask Coach TV, Coach Carson tackles this question, shares his experiences starting as a 23-year old investor, and gives a specific recommendation.   For show notes, please visit coachcars...

Episode #19 - Why is real estate investing a good investment? Here are five benefits that show why real estate is the I.D.E.A.L. investment. If you are new to real estate this will provide a solid foundation to get started. Or if you're already investing, it will provide a refresher and an opportunity to share just why real estate investing is so great with people you know! For a companion article...

Episode #18: What if you don't have enough cash to buy a real estate investment? Whether you are new or you spent all your cash on other deals, partnerships could be a solution to keep you buying more properties.    Coach Carson shares his favorite ideas for using real estate partnerships in this episode of Ask Coach.   For show notes, please visit coachcarson.com/ep18-ask-coach-how-to-use-simple-...

Episode #17: Two simple buying choices, your car and your home, could cost you over $400,000 depending on which choices you make. In other words, old cars & ugly houses can make you rich! This episode explains why that's true with a story of two recent college grads who took slightly different paths that made an enormous difference. For a companion article & show links visit:  https://www.coachcar...

Episode #16: Have you ever had a hard time finding a good real estate investment deals? You're not alone. It's probably the toughest part of the real estate business. But there are some strategies and tricks that you can use to stay ahead of the competition. Coach Carson shares his advice on finding the best real estate deals in this episode of Ask Coach. For show notes, please visit coachcarson.c...

Episode #15: Suze Orman gave the FIRE (Financial Independence/Retire Early) movement a Suze-smackdown on a recent interview. But she also got some BIG things wrong, which I expose in this episode. For a companion article & show links visit: https://www.coachcarson.com/suze-orman-fire-movement/ . Suze Orman interview at: https://affordanything.com/154-youll-need-at-least-10-million-to-retire-early-...

Episode #14: What if you already own multiple rental properties that have equity (i.e. they are worth more than you owe) and you want to refinance them, pull cash-out, and buy more rentals? What's the safest and smartest way to do that?  Coach Carson tackles that question and more in this edition of Ask Coach.    For show notes, please visit coachcarson.com/ep14-how-to-safely-refinance-a-rental-pr...

Episode #13: For real estate investing beginners, analysis paralysis is the enemy of your success. This episodeepisod you get focused & moving forward confidently. For a companion article & show links visit:  https://www.coachcarson.com/real-estate-investing-beginners/ ------------------------- :) If you want to support the show, here are some easy ways: 1) Leave an iTunes review:  https://coachca...

Episode #12: Have you ever thought to yourself "who am I to attempt these lofty financial or life goals? Do you think you can really do this?" In other words, have you ever been weighed down by self-limiting beliefs?  I sure have. And in this episode, I share what I've done (and continue to do) to overcome my own limiting beliefs. -------------------------- :) If you want to support the show, here...

Episode #11: Is Dave Ramsey right that debt is dumb? Or is there a way to use debt intelligently when you invest in real estate? In this episode, I'll share why Dave is both right and wrong. For a companion article & show links visit: https://www.coachcarson.com/dave-ramsey-debt-is-dumb-real-estate/ -------------------------- :) If you want to support the show, here are some easy ways: 1) Leave an...

Episode #10: If I were given a time machine and could start over again as a real estate investor, here's what I would do. I've invested for over 16 years, and I've bought hundreds of properties. That basically means I've made MANY mistakes. So, this was a fun question that I hope will be helpful to you as you move forward as a real estate investor.   -------------------------- If you want to suppo...