You don’t have to be a millionaire to be a successful real estate investor. Chad Carson, our $Pro this week, is here to explain how even a small, effective real estate portfolio can lead to reaching your financial goals in a short period of time. He illustrates this with an example of a couple reaching financial independence with only five properties, not hundreds! Having greater financial freedom and flexibility with your time will be the natural outcome of focusing on your goals, and carefully investing in real estate can take you there.
Some additional links we covered this episode:
- Learn even more about real estate from the $Pro himself: CoachCarson.com
- And check out that sweet cargo bike I was talking about at the beginning.
- Achieving financial freedom via real estate gives you the time to do what matters, so it’s always a good time to know your Why Behind Money and to form a Personal Mission Statement.
During this episode we enjoyed a Primordial Noir by Cascade Brewing which you can find and learn all about on Untappd. A massive thanks for Alex in Oregon for donating this beer to the show! And if you enjoyed this episode, be sure to subscribe and give us a quick review in Apple Podcasts, Castbox, or wherever you get your podcasts- we’d love to hear from you.
Best friends out!
Throughout this episode you and Chad mentioned a few times to ignore the mortgage payment in the simple formulas. Why?
I’ve only just found this podcast, so which previous episode should I jump back to to understand this?
Hi Freya! Chad was just illustrating the fact that aside from the mortgage payment, there are fixed expenses associated with keeping and maintaining an investment property that remain, even after you completely pay off the mortgage. When considering properties you certainly don’t want to ignore the mortgage payment.