Podcast appearances and mentions of chad carson

Rentals can give you much more than just bigger pockets. They can buy you time, flexibility, and the freedom to design an adventurous and fulfilling life. Just ask today's guest, who built a simple real estate portfolio that runs itself—creating space for midday hikes, living abroad, and passion projects. In this episode, he'll show YOU how to slow down and do the same!   Today, Chad Carson, investor and author of The Small and Mighty Real Estate Investor returns to the show to share how real estate investing gave him much more than money. Chad has been investing for decades, but now, he's making a major shift. Rather than accumulating more rental properties, he's paying off the ones he already owns. Instead of putting in 80-hour workweeks, he's traveling, taking mini-retirements, and prioritizing his life goals. And the best part? Some weeks, he spends as little as two hours on his portfolio!   Want to copy Chad's success? In this episode, he'll show you how to trade the rat race—whether that means long hours at your nine-to-five or the relentless grind of scaling your investments—for time freedom, a flexible portfolio, and a real estate business that works for you. In This Episode We Cover How Chad optimized his real estate portfolio for a two-hour workweek Why real estate's real return isn't money—but time, freedom, and flexibility How to use real estate investing to build a fulfilling life (not just a big portfolio!) Swapping traditional retirement for mini-retirements that help you savor life while you're young The power of paying down mortgages versus buying more rental properties How to ditch the rat race for a real estate business that works for YOU And So Much More! Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/real-estate-1127 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠advertise@biggerpockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Learn more about your ad choices. Visit megaphone.fm/adchoices

Jesse is joined by Chad Carson, who discusses residential real estate investing as a stable alternative to stocks and bonds. While real estate offers advantages like rental income, property appreciation, and tax benefits, Jesse also highlights challenges such as high costs, tenant issues, liquidity problems, and the time commitment required. Jesse thinks of his Rochester wealth management clients, and what some of them do.  Chad emphasizes choosing the right location, focusing on properties with minimal renovation needs, and securing financing that ensures a healthy cash flow. He advises new investors to avoid risky locations and avoid over-leveraging, recommending a steady, cautious approach. The discussion also touches on the stages of investing, from securing initial deals to building wealth and prioritizing stability.  The concept of the "small and mighty" investor is introduced, suggesting that a smaller, well-managed portfolio can generate significant passive income, offering more flexibility and freedom than large-scale investing. Both Jesse and Chad stress the importance of aligning investments with personal values and goals, encouraging listeners to prioritize lifestyle over asset accumulation - a pillar of financial planning.  Key Takeaways:• When investing in real estate, focus on areas with strong job markets and potential for growth. Avoid declining populations and single-industry towns. • Ensure mortgage payments are significantly lower than your rental income, ideally aiming for a 50% or lower mortgage-to-rent ratio. • Mortgages allow for property ownership you couldn't otherwise afford, but use debt carefully, especially in downturns. Ensure good debt management to avoid financial failure. • Whether through books, podcasts, or coaches, learning from experts can help build confidence and avoid mistakes. • Bigger isn't always better. A smaller, well-managed portfolio can generate significant passive income without the burden of managing hundreds of units. • Real estate should fit into your personal values and long-term lifestyle vision. Success is not about accumulating assets but achieving your desired way of life. Key Timestamps:(00:00) Introduction to Personal Finance for Long Term Investors (02:23) The Power of Leverage in Real Estate (07:35) Cons of Residential Real Estate Investing (15:02) Introducing Coach Chad Carson (17:01) Choosing the Right Real Estate Location (28:26) Understanding the Three Rental Stages (29:09) The Importance of Debt Management (31:51) Balancing Real Estate with a Busy Life (40:16) The Small and Mighty Real Estate Investor (45:56) Finding Your 'Enough' in Real Estate (51:32) Conclusion and Resources Key Topics Discussed:Personal Finance for the Long-Term Investor, The Best Interest, Jesse Cramer, Rochester New York, financial planner, financial advisor, wealth management, retirement planning, tax planning, personal finance, real estate, Chad Carson, leverage, debt, mortgage, Coach Carson Mentions:Website: https://www.coachcarson.com/ LinkedIn: https://www.linkedin.com/in/coachcarson/ More of The Best Interest:Check out the Best Interest Blog at bestinterest.blogContact me at jesse@bestinterest.blog The Best Interest Podcast is a personal podcast meant for educational and entertainment. It should not be taken as financial advice, and is not prescriptive of your financial situation.

⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: https://www.coachcarson.com/rpm   

Want to retire early? Then, STOP buying rental properties. You heard that right; buying more rental properties may actually push you further away from early retirement IF you've crossed a certain threshold. Today's guest proves you don't need dozens of rental properties to reach financial freedom. Chad Carson, the “small and mighty” investor, is back to share why he scaled down his rental portfolio and now only works two hours a week because of it! Don't know Chad? He's the investor who did it right. After building a real estate business way too big for his liking, he and his partner thought, “Is this the life we dreamed of?” It wasn't, so they began scaling down, only keeping the properties they loved and selling the rest. Now, Chad does what he wants full-time, including traveling the world and living abroad with his family, coaching other investors, and spending a fraction of his waking hours on his rental property portfolio. This is an investor who has actually retired early with real estate. Want to copy Chad's blueprint to financial freedom in just ten to fifteen years? He's sharing the three “phases” every investor goes through, including the most important one—the “harvesting” phase that allows you to retire early. How do you get to the “harvest” after all your hard work, and what should you do once you get there to unlock ultimate financial freedom? Chad is sharing it all, step-by-step, in this episode. In This Episode We Cover: How to retire early with fewer rental properties than you'd think The three “phases” of financial freedom investing (and how long it'll take to retire early) How to start building your real estate portfolio even if you have no money or experience  Why cash flow is far less important than you think when building a rental portfolio  Why Chad sells some of his successful rental properties to pay off others (this is a cheat code!) Three tools you can use to start “harvesting” your portfolio and retire early  And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Ask Your Question on the BiggerPockets Forums BiggerPockets YouTube BiggerPockets Money Podcast Set for Life by Scott Trench  Zeckendorf: The autobiography of the man who played a real-life game of Monopoly and won the largest real estate empire in history Find Your Next Real Estate Deal with PropStream Grab Chad's Book “The Small and Mighty Real Estate Investor” Find an Investor-Friendly Agent in Your Area BiggerPockets Real Estate 1004 - How to Retire Early with Fewer Rental Properties Than You Think w/Chad Carson Connect with Chad Connect with Dave (00:00) Intro (01:52) Financial Freedom, Not Just Getting Rich (05:09) The "Harvesting" Phase (09:51) 3 Phases of Financial Freedom Investing (18:32) How to "Grow" the Right Way (24:29) What About Cash Flow? (26:58) How to Start "Harvesting" (33:55) Consolidating Your Portfolio (36:32) Spending Your Time Freedom Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1072 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

If you're looking to add some time-leveraged cash flow to your bottom line, two of the best options are investing in rental real estate and buying small businesses. Both are viable options, and to help you figure out if either or both of these investment options are right for you, it's time for another Side Hustle Showdown. For the debate, I've invited back two Side Hustle Show favorites: Chad Carson is the owner of over 100+ properties and the author of Retire Early with Real Estate. Codie Sanchez is the owner of several so-called “boring” small businesses, including a laundromat and a podcast production service. (In Chad's first appearance, we covered several low-cost real estate side hustles. With Codie, we explored how to grow and monetize an email newsletter.) Tune in the week to learn: what kind of portfolios Chad and Codie have built up how you can get started buying real estate and small businesses some of the creative financing options available the mistakes they made along the way and more Full Show Notes: Side Hustle Showdown: Buying a Business vs. Investing in Real Estate (Greatest Hits) New to the Show? Get your personalized money-making playlist here! Sponsors: Found — Stop getting lost in countless finance apps and try Found for free! Indeed — Start hiring NOW with a $75 sponsored job credit to upgrade your job post! Mint Mobile — Cut your wireless bill to $15 a month! Gusto — Get 3 months free of the leading payroll, benefits, and HR provider for modern small businesses!

On today's episode, we're revisiting an impactful discussion as Tyler Deveraux sits down with Coach Chad Carson. Chad is a multifamily investor, Bigger Pockets podcast host, athlete, entrepreneur, and best-selling author—he truly does it all and has created his ideal life. Tune in to learn from Chad's story and gain fresh inspiration from his experiences!Please leave a rating and review of the show! We are giving away a mystery prize to some lucky winners who leave us a rating and review.Check out the Multifamily Mindset store for great tools like the Think Bigger Journal and MFM merchandise.Follow Tyler & Dallas on Instagram:►Tyler Deveraux (@tyler_deveraux), CEO of Multifamily Mindset & Managing Partner of Multifamily Capital Partners►Dallas Pruitt (@dalpruitt), Founder of LIVE LIFE Mission and Resident Mindset Consultant at the Multifamily Mindset►Cyndi Maguire (@cyndigap), Real Estate Investor & Consultant at the Multifamily Mindset►Kyle Brown, Fulfillment Acquisitions Manager at the Multifamily Mindset►Zach Rucker (@zachrucker), Underwriting Mentor at the Multifamily Mindset

Throwback Thursday Episode (The episode originally took place in the year 2022) Click Here for the Show Notes If you missed our last episode, be sure to listen to 7 Strategies to Expand Your Real Estate Portfolio Download your FREE copy of:  The Ultimate Guide to Passive Real Estate Investing. See our available Turnkey Cash-Flow Rental Properties. Please give us a RATING & REVIEW   (Thank you!) SUBSCRIBE on iTunes  |  Stitcher  |  Podcast Feed    Websites: Passive Real Estate Investing Norada Real Estate Investments Ask Marco Norada Capital Management #LearningRealEstate #AskMarco #PassiveRealEstateInvesting #Turnkeyproperties #RealEstatePodcast #Investment #investors #RealEstateInvestors #RentalProperties #TurnkeyProperties

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You want to retire early, so you come up with a plan. “I'm going to buy ten rental properties and call it quits, then I'll never have to work again.” Within a decade, you've got your ten rental properties, but now you want more. You buy another ten, then a big apartment complex, and now you're raising money to buy even more. You have zero free time, investors to answer to, and a lot of stress. This wasn't what you wanted. Let's take it back to where you are now: how do you actually make it to early retirement? At the height of Chad Carson's real estate investing career, he was working eighty-hour weeks flipping homes, buying rentals, and dreaming of a financial freedom-enabling portfolio. But when the market crashed, he took a step back and asked, “What do I really want?” Thus, the small and mighty investor mindset was born. Now, Chad is retired early in his forties, working just two hours per week and making six figures in passive income. Want to do it, too? Today, Chad discusses how you can build a small and mighty portfolio with fewer rentals, more cash flow, and ultimate time freedom. We'll show you how to reverse engineer your goals to build the real estate portfolio you ACTUALLY want to own, why having hundreds of doors isn't completely worth it, and the “metrics of success” you can use to measure your progress toward financial freedom. In This Episode We Cover: How to retire early (like Chad) with a small real estate portfolio  Why “door count” isn't an accurate measure of success in real estate investing Reverse-engineering your financial freedom and how to start working toward it today Discovering your “why” and how NOT to get stuck in the day-to-day drudgery of adult life Measuring your progress toward financial freedom with the “metrics of success” Knowing when is “enough” and why winners know when to quit  And So Much More! Links from the Show Grab Chad's Book, “The Small and Mighty Real Estate Investor” Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Craft Your Personal Real Estate Portfolio with “Start with Strategy” Property Manager Finder See Dave at BPCON2024 in Cancun! Who Cares About the Number of Doors You Have—Cash Flow Is What Actually Matters Chad's BiggerPockets Profile Dave's BiggerPockets Profile Door count is a terrible metric. Please stop using it. 00:00 Intro 01:56 You DON'T Need 100 Rentals 05:18 What Do You REALLY Want? 09:53 Why Work More? 14:04 Metrics of Success 23:36 Reverse Engineering Financial Freedom 26:42 Does Door Count Matter? 33:13 What is "Enough"? 37:20 The Dish Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1004 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to another exciting episode of Money Talk with Tiff! Today, Tiffany Grant brings on a very special guest, Chad Carson, the acclaimed author of "The Small and Mighty Real Estate Investor." Chad and Tiffany dive deep into a fresh perspective on real estate investing, challenging the popular notion that bigger is always better. Chad shares his unique philosophy on how starting small in real estate can lead to more flexibility, freedom, and a happier, balanced life. They discuss practical strategies like house hacking, the distinctions between short-term and long-term rentals, and tips for finding good tenants. Chad also offers valuable insights on maintaining properties and dealing with common landlord challenges. Whether you're a seasoned investor or just starting, this episode is packed with actionable advice to help you succeed in the real estate market. Be sure to listen in as we explore how to build a "small and mighty" real estate empire!About Our GuestChad Carson (aka Coach Carson) is an author, investor, podcaster, and life-long learner who used real estate investing to reach financial independence in his 30s. His current passion is teaching other investors how to build a small and mighty rental property business so they can get out of the financial grind and do more of what matters. Based in Clemson, South Carolina, Chad and his family have also lived abroad in other countries, including 17 months in Cuenca, Ecuador and 12 months in Granada, Spain. When not writing about himself in 3rd person, vying for the silliest dad award, or playing pick-up basketball, Chad enjoys volunteering with a local non-profit he co-founded to create a network of walking and bike paths in his hometown.Connect with ChadGet the book: The Small and Mighty Real Estate Investor (affiliate link)Website: Coach CarsonPodcast: Real Estate Investing with Coach CarsonYouTube: Coach Carson on YouTubeInstagram: @coachcarson1Facebook: Coach Carson on FacebookConnect with TiffanyWebsite: https://www.moneytalkwitht.comFacebook: Money Talk With TiffTwitter: @moneytalkwithtInstagram: @moneytalkwithtLinkedIn: Tiffany GrantYouTube: Money Talk With TiffPinterest: @moneytalkwithtTikTok:

As I said right off the beginning of this interview, I really love it when worlds collide in my own life. It's one of the more joyful aspects of doing a podcast, and talking with people in real life.Chad “Coach” Carson is someone in the Financial Independence world that I've listened to and followed for some time. He's a very genuine guy, and his particular niche focuses on using small-scale real estate investment to build financial freedom for yourself and your family. Check out his website, YouTube channel and podcast.We ran into each other at the Strong Towns National Gathering in May, and I knew immediately we'd have a lot to discuss. This episode is the result. Among other things, we talk about his non-profit in Clemson, SC to build a trail network, his family's 17 month stay in Ecuador, and how we all can talk about small / incremental development. There's just so much good content in this episode, I don't want to give away any more.That said, here are a few more links worth sharing:For a taste of his content, check out Chad's recent episode with Paula Pant on “7 Powerful Principles for Financial Freedom.”ChooseFI House Hacking pageIncremental Development AllianceBigger PocketsFind more content on The Messy City on Kevin's Substack page.Music notes: all songs by low standards, ca. 2010. Videos here. If you'd like a CD for low standards, message me and you can have one for only $5.Intro: “Why Be Friends”Outro: “Fairweather Friend”Episode Transcript:Kevin K (00:00.89)Welcome back to the Messy City Podcast. This is Kevin Klinkenberg. One of the things that I really enjoy is when worlds collide in my life. Things that I have interest in that are in very different worlds find themselves aligned with each other. And I'm really fortunate to have a guest today that's a classic example of that. My wife and I have had a kind of a long interest in what's called the financial independence movement. And, and,You know, a lot of that we can talk about what all that means for people. I hope we do, but, a lot of it is really just kind of creating resilience in your own life. and, one of the people in that world that I have, noticed for quite a long time and followed and with, with some interest is a guy named, Chad, Carson, otherwise known as coach Carson. And, he's, agreed to join me today. So I'm delighted to have you here, Chad. Thanks for coming.Chad Carson (00:56.397)Yeah, thanks for having me, Kevin. It is fun to see different interests collide on the internet. That's always a good time.Kevin K (01:03.034)Yeah, yeah. So we actually ran into each other at the Strong Towns National Gathering in Cincinnati. And it was just kind of funny. I had seen enough of Chad's videos to kind of have an idea what he looked like. I'm looking around the room and I see this guy in the back and I'm like, that looks a little bit like Coach Carson, you know? Is that really him? And so, and lo and behold, it was, so we had a chance to just chat briefly on site. But...For those chat for those who don't know you and I would imagine probably most of my audience doesn't know who you are And the work that you do. Why don't you talk a little bit about what you spend most of your time dealing with?Chad Carson (01:40.013)Yeah, I also have a lot of intersections of worlds, but for the last 21 years, my professional career has been an entrepreneur and I've been entrepreneur in the real estate investing space. So I graduated from Clemson University and I was a football player there. So that was like how I paid for school. And I was, I thought I was going to go like the route of being a medical in the medical field and applied to medical schools, but I was just so tired from playing football that I said, I'm just going to take a year or two off and just like take a break before I go into that. And then.that gave me space to kind of explore an itch I had for being an entrepreneur. And I was lucky enough to have family members. My dad was in the rental, had rental properties growing up and I never really liked them. Actually, when I was a middle schooler, he used to take me over to a property he just bought. There was a fixer upper and he's like, hey, clean up this pile of trash, Chad, and paint this wall. And I was like, this is horrible. Like, who ever want to fix up a property or turn this nasty place around? And sure enough, when I got out of college, I was like,That's actually pretty interesting. Let me, let me see how that goes. And so I got into that business of really the finding fixer upper properties. initially just finding them for other people. I was what's in the net world. I was called a bird dog where I would just go in. I didn't have any money. I didn't like a bird dog. I wasn't the one actually hunting the birds, but I would just point to them and people who had resources and money would buy them and I would make a little finders fee every time that happened. And, but that taught me the business. It made me a little bit of money.I was living at home at that time and it just got me, I decided, you know what? I don't ever want to do a real job. I'm just going to keep doing this. And it grew into a business where I found the funding for those deals. I got a business partner. The two of us found other partners to put up the money or private financing. We started flipping houses, fixing them up, reselling them just to make some money. And then we got into the rental property business from there. And that's really what I, kind of the end story of my rental, my real estate business was,planting these little seeds of buy and hold properties. I started off house hacking. I did, you know, I lived in one unit, rented the other units out. And so that's, that's been my core kind of financial career, how I made money. And, but then that has evolved into other things, which is why I met you at Strong Towns as well. So once I started, you know, got past like the business side of real estate, of, of making money and the finances, which is all interesting, also just started thinking aboutChad Carson (04:01.133)the community and like, why is this neighborhood the way it is? Why is this neighborhood a fixer upper and this was not? And started volunteering in my community at local advocacy meetings and just doing that. And so that led to a couple of things. One is I started just being frustrated with connectivity in my town. And so in 2014, I and some other people in our town started a nonprofit trying to connect the parks and the downtowns and with a trail system.Little did I know that most towns that did that had like a rail railway that they was abandoned and they could like take over. And so I had to like crash course over five to six years just learning about, you know, easements and right aways and the DOT and how difficult it is to work with the DOT. But we've, yeah, we could talk more about that one, but that's, that's been a passion project of mine, which is why I got interested in strong towns and local advocacy. And along the way, separate from that, I also started teaching other people.how to do the thing that I love doing with real estate investing. And so I started a blog and a podcast and a YouTube channel and what started off as a hobby became a real thing. And people started reading it to my surprise and people started watching my YouTube videos. So I have like a little media business with that. And I have a nonprofit that I'm a board member of and a founding member of that I'm super passionate about in my local community. And then the real estate investing actually takes a lot less of my time these days, but it's still kind of the main thing.Kevin K (05:04.442)Mm -hmm.Kevin K (05:27.098)Yeah, and so you've got a super active YouTube channel with a good following and you're putting up a video, what about once a week or so?Chad Carson (05:36.109)Yeah, the what's I have a coach Carson YouTube channel. It's also the podcast. So my podcast has evolved into the YouTube podcast as well. So that's that's my main thing there.Kevin K (05:45.53)Okay. And this may be a funny thing for you. So I think probably the first time I heard you was on the choose FI podcast a long time ago. and so, I actually moderate the choose FI house hacking, Facebook page. Yeah. I've bugged those guys into creating it and I I'm a terrible moderator. I mean, I don't do anything. I don't do anything I should do with it to try to, you know, encourage more conversation, but.Chad Carson (05:55.533)Mm -hmm.Chad Carson (06:03.597)nice.Chad Carson (06:09.305)Yeah.Kevin K (06:15.418)It's incredible how quickly that started and zoomed over 5 ,000 members and everything else.Chad Carson (06:21.005)Yeah. Yeah. I became friends with Brad Barrett, who was one of the founders of choose FI and stills their hosts of their podcasts. He's become a good friend. And yeah, that was, it's kind of like strong towns for me. It was like, I was doing these things. I'm trying to save money and try to improve my financial life and really just get more autonomy. Like you, I think you were talking about some version of that earlier. I just, I just didn't want to go work for the man. That was always my motivation. I wanted to have space to read, to think, to have interesting stuff. And I just didn't want to go.and be in somebody else's treadmill. And that's pretty much what the, to me, what the financial independence movement is about is it kind of got hung up in the retire retirement idea that you're going to retire early at 35 years old and sit on a beach with a pina colada. The opposite seems to be the truth. The truth, like a lot of my friends like Brad Barrett, Mr. Money Mustache is a big famous blog that who is in the financial independence movement. Paula Pant is another blogging podcasting friend of mine. All these people.they, you build these resources of financial independence early, you save money, you're frugal, but you do it so that you have this abundance of time and flexibility and you can then cash that option, those options in however you want. And for me and my family, my wife is a Spanish teacher. And so foreign languages have always been sort of our, our mutual passion and living particularly Latin America and Spain. And so we took our kids to live in Ecuador for 17 months in 2017.And our, they were three and five years old. We wanted them to become fluent early in their life. And that financial independence, having rental properties back at home, we could kind of put that on pause for a little bit and still have some income coming in that allowed us to do that personal passion project. And, and, and do it. So that, that is to me, that's, that's financial independence, advocacy and local communities is financial independence, being able to do something. This for me has been like almost like a full -time job being theworking on, on trail transportation, advocacy, and, but I don't, I don't want to get paid. I don't care if I get paid. I, in fact, I'm spending a lot of money, you know, donating a lot of money on it. And that's great. I love that because there's some entrepreneurial ventures that aren't, I don't think always best suited for, for profit. You know, there's, you make your profit over here and then you free up this time and this energy to solve problems in your community that they're honestly, there's just not many people who have the capacity to do that. So that's been a lot of fun.Kevin K (08:42.234)Yeah, I think we, I'm not sure how much people talk about that enough in the financial independence world that one of the great luxuries it gives you is it gives you that ability to devote time and potentially money in a philanthropic way in your own community and make a difference there. I think that's really cool. I remember reading about how you took the family abroad for over a year and that was kind of a source of inspiration for us as well. We've...Chad Carson (08:57.005)Yeah. Yeah.Kevin K (09:06.97)We've, you know, my wife and I have had this idea for, for quite some time that we would do something like that. Of course we haven't done it yet, but we've done, you know, we did, and there's still time. The kids are still young enough. They're six and eight. but, we, we did take them, in 2018, I guess it was, we took them to Europe for a month. and, we, you know, I approached it from the standpoint that I was, I was a big proponent of house hacking, but I didn't really know what anybody called it.Chad Carson (09:13.805)Still time.Kevin K (09:36.09)and so actually done it three different times in three different ways in my life, just different life stages. And, like to your point, I think one of the things that we really loved is, when we were living in Savannah, and we had, we owned a townhouse that had a carriage house in the back. and the carriage house produced a lot of rental income for us. So then when we had started having kids, my wife kind of, she wanted to quit her job.and stay home for a while. But obviously that's a financial hit to do it for people, you know, with two of us were working professional jobs while having that income from the house hack just completely made it work. And it just enabled a lifestyle for us that we really wanted to live. And so we always felt like that was kind of a great luxury effect of that.Chad Carson (10:27.085)I think it's undersold. House hacking is something, if you look at the average budget, last time I looked at it in the United States, I think 30 to 40 % of most people's budget is with housing. And if you, so you can, the hack is the literal word. Like if you could figure out how to do what you did, what I've done, and either cut your housing expense in half, or maybe like in my case, I really did well and eliminated my housing expense altogether by living in a fourplex and living in unit number two and renting the other three out.I mean, I was living positive, $100 per month as a young entrepreneur. And, you know, so my wife was able to do the same thing. She was a Spanish teacher. She wanted to stay home a little bit and I wanted to take a break too. And so it's, it's amazing when you cut those like core expenses of housing and then you add the car. And for us, it was just, you know, just being smart with the car, not doing something that's crazy, but also this is where transportation infrastructure comes in. If you can have one car instead of having two cars, I mean, what, what is that seven to 10 ,000 bucks per year or whatever the latest number is.I mean, so you started adding up like a thousand a month for housing and five to 600 bucks for a car. I mean, you're talking a couple thousand bucks a month for an average family. That's huge. Like after tax, you know, if you're talking about before tax, that'd be 3000, maybe 4 ,000 a month. So it's a really powerful tool for a lot of people and it gives you flexibility, it gives you freedom. And so that's what's interesting to me about housing, not because...Everybody needs to be a real estate developer investor, although they could, but just doing a little bit like that, like that can give you leverage. It can give you options. You can tell, tell people, no, I'm not going to do that. I'm going to do this because you have your housing expense taken care of.Kevin K (12:07.354)Yeah, I think that for me that's where the alignment was always interesting in my own kind of long and winding career in working in the design and planning of walkable places. And there were always a lot of spin -off interests in that, different things that I thought were great for it, I think is better for you from a health standpoint. The more that you can just move your body as part of your daily routine, it's better for you. But the economic benefits.You know, we often don't talk enough about that. I always used to tell people if you can, you don't have to get rid of your cars, but like if you can just live car light, you know, and, and so if you're a family of four, instead of having three cars, if you can have two or one and live off of that, the amount of money that you free up to do other things, it's, especially when you, when that starts to accumulate over time, it's incredible. It's, it's, it's absolutely life -changing.Chad Carson (13:02.189)Yeah, that's one of the basic principles of the financial independence movement is just understanding basic compounding math. The $1 ,000 a month is not $1 ,000 per month. It's that number compounded. If you could, if you can invest that money, for example, and it grows at 7%, I'm putting myself on the spot here because I don't know the exact amount that compounds, but you know, that, that number turns into 20 ,000 or a hundred thousand bucks over a 10, 20 year period. And if you start like stacking those up, that's, that's really the difference between.having some, even if it's not financial independence, it's like some level of like autonomy where you have options with your job, where you're not living paycheck to paycheck and housing and transportation are always, from a personal finance standpoint, are always at the crux of that. And that's what I think the financial independence movement focuses on is I love also focusing on it from the advocacy standpoint and the local community standpoint. But if you just take the perspective of the individual, this is one of those things, just your housing choice, your car choice, if possible.you can really change the trajectory of your own career, your own family's ability to have some options.Kevin K (14:07.162)Yeah, I think I remember one time, it might have been just like a joke or something on Twitter, but it was somebody who said something the effect of, if it weren't for all the money we spend on cars, we'd be a nation of millionaires. Anyway, so you start having this interest in bike trails. So what was kind of the genesis of that? Was it more just trying to figure out other ways to get around, sort of a healthy living thing, or how did you become interested?Chad Carson (14:20.045)Yeah, there we go.Chad Carson (14:36.909)I've always been into fitness and exercise and athletics. So I think part of that was just, I walk around a lot. I just do that and to think, but I was also, I had young kids, two or three year old, and I was pushing her in a stroller. And that really gave me that sort of visceral understanding of the community's infrastructure. And in a negative way, I would try to, I live in a neighborhood that has a small neighborhood of single family houses, and I have to cross a state.Kevin K (14:54.906)Mm -hmm.Chad Carson (15:03.085)what I didn't know is a state road, but it's a state road. Almost every road in South Carolina is a state road, by the way. That's another story. But they, you cross this road and it's people, it's 35 miles per hour, but people go really fast. There's some blind spots. There's no sidewalks. And it's just, it's not, it's very unfriendly to pedestrians. And I felt that in a visceral way as a dad who's protective of his little girl. And I'm trying to play Frogger to go across the street to get to the park that's a quarter mile away.And I was just thinking to myself, this is ridiculous. Like this is, this is insane that a neighborhood like this is in this, a beautiful park down there with this, you know, walking along a Creek and a playground that we can't get there safely on foot. How hostile is this? And so that, that spurred me to then go to the local meetings and say, all right, I'm going to volunteer. There's a local 10 year comprehensive plan. And I sat in all of these, I, you know, contributed as I could as a real estate entrepreneur, but the, this connectivity idea.kept coming up over and over again, like Clemson University, Clemson where I live is a small college town. We have 25 ,000 college students now. We have a lot of faculty members, but it's a really tiny town. I mean, 17 ,000 was one of the last census numbers. I think it's 20 ,000 or so now. It's on a lake, it's beautiful. We have 15 ,000 acres of forest land around the community. So like you're five minutes from biking trails, walking trails, waterfalls. And it's just like this little.nature, natural paradise with the lake as well. But it's horrible connectivity from, it's just like, it's a little, I grew up in Atlanta. It's like a microcosm of Atlanta because everything's built for getting around in a car. And so I realized that I started listening to planners talking about that. And my question as an entrepreneur was like, okay, well, who's working on this? What department's working on this? Or is anybody taking any action on this? And they were like, no.No, it's we're going to put it in the comprehensive plan. I was like, is it? Okay. That's great. Was it in the last comprehensive plan? Yeah, it was in the last comprehensive plan too. And so I got, I got this kind of what many entrepreneurs do is when you see a problem, you start just figuring it like, how are we going to solve this? Let's go solve it. And it's sort of in a naive way. I said, I'm going to just ask them questions. And there was one professor at Clemson university who is an architectural professor actually, and his students had a kind of cross curriculum class where they had put together this idea.Chad Carson (17:23.021)something called the Green Crescent Trail. And the Crescent is the Crescent train line that goes between New York City and New Orleans, so the Crescent City. And so they kind of been inspired by that idea of connectivity of the railroad and that history in our town of students who went to Clipsy University used to get off the train and walk off the train down into Clipsy University. They get their barber haircut and it was a military school at that point and they'd walk on the campus. And so that kind of historical connection with the Crescent line and then green.and the spaces around us and the connection to the land was the inspiration. And they had this story, this whole idea, they had maps and it was amazing. And I saw the little video and I got so motivated by that, that I said, like, this has to happen. Like, this is really cool. And I talked to the professor, I talked to some of the students, students rotate in and out of class a lot. So they move on to their jobs and their careers in another city. But I started meeting with people and say, we gotta do this. And some other entrepreneurs, that professor.and we formed a nonprofit and one thing led to another, but we started getting some money for a master plan study. We started talking to landowners and I can go into all the details and all the mistakes and frustrations that we had, but we started making progress and that was 2014. So that was 10 years ago, whenever we started it.Kevin K (18:38.874)So I mean, yeah, I do have some questions just getting into the weeds a little bit, especially for people who have an interest in doing something similar. I guess the first question is like, you start identifying this problem. Like, who do you know how to call the very first time? Just try to get a hold of somebody at the city planning department? I mean, Clemson's a small town, so people are more accessible there. But who did you figure out who to call?Chad Carson (19:02.029)are the city planner was very friendly. And she she has moved on to another town, but I still kind of have connections with her on Facebook. And she she was the one who said, Yeah, this professor is working on it. And yes, connectivity is really important. Let's try she was one of those young, just optimistic planners and just had had a good head is very friendly. So she her name is Jennifer and she was she was great. She gave me some good feedback. I wish I'd heard your podcast. I wish I'd had strong towns. I wish I'd had like, when I read the walkable city by Jeff speck, I was just like,Kevin K (19:16.922)huh. Yeah.Kevin K (19:25.57)I'm going to go ahead and close the video.Chad Carson (19:30.977)my God, there's a world of people out here trying to do this thing too. Like this is, this is great. so I, I didn't have all those resources right away, but I just sort of fumbled around, ask questions, talk to professors being in a university is kind of nice. Cause there's others professors who are urban planners. There's professors who are architecture students or architecture focuses on the community. So I just started asking questions and talking to people, but really approaching it. I think the entrepreneurial approach is you stumble along, you set a short -term goal.You run into a wall that didn't work, turned around and go another direction. And I did a whole lot of like bumping into walls. And, and, but I think the thing we did well was like having a vision, like just having, so we, as soon as we could, we started getting a name and a pictures and maps and talking to the community. And we didn't know exactly what we were doing, but we sure were dreaming big and had a vision. And we were trying to, I think the thing I, I, and some of our other early members tapped into was just.this emotion that community members have of wanting to make their place better. And we made that our mission. We said, our mission is to connect the places we love in our community with a safe alternative transportation network. We want to make it safe for me to push my kid in a stroller to the park. I've told that story hundreds of times. And then other people started saying, yeah, I wish I could walk to the local downtown and that's a quarter of a mile away. Or we have a lot of international students in town who live in these apartments.and they're walking in the gutter, the ditch on the side of the road to try to get to the bus or to try to go to the grocery store because it's just not doable. And so I think there's been a variety of different people from the practical transportation side of things, from students, but then really the people we had to get on board were the local community members who actually don't really care anything about, many of them don't really care anything about practical, you know, commuting anywhere, going to the grocery store. They wanted to do it for recreation. And so we've sort of had to tap into like the recreational trail movement plus,the actual practical use of transportation, which I was interested in, and try to connect those two and figure out how to get funding and to put all that together.Kevin K (21:31.993)Yeah. Yeah, there's actually, so there's a guy in Dallas named Jason Roberts who created the Better Block, which is a pretty cool deal. And he has a great TED talk that's out there all the time where he talks a lot about, especially early on, just naming, naming something, whatever it is, even if it's like you and one other person, just give it a name, create a logo, create a website. It's super easy. And then all of a sudden people think it's a real thing. Now there's a lot to that. So, so.Chad Carson (21:57.069)Yeah, exactly.Kevin K (22:01.53)Then how did you go about, you said at some point you started finding some funding. What was the nature of that funding and how did you figure out how to make that happen?Chad Carson (22:11.277)Yeah, we had a local county council person who saw the vision, I guess, and it was inspired by it. And he had some recreational funds from the county that year that he could allocate. And I think it was $25 ,000. He allocated that 25 to our idea to do a feasibility study. And then the city of Clemson put in 5 ,000, the town of Central put in 1 ,000. We got Southern Wesleyan University, which is, there's a university in this little town of Central next to Clemson.They were on board and then the city, I think the Clemson University also chimed in a little bit, although we had a hard time getting Clemson University on board at first, ironically. But it's basically four entities, four local entities plus the county, all chipped in money, but mainly the county. And then we went through a process of hiring a local landscape architecture firm, I think Alta Planning ended up doing that. I guess not local, but.Kevin K (23:01.466)Mmm, yeah.Chad Carson (23:04.205)So they, they came in, that was a lot of fun just to see how their process worked. And to this day, I still look at some of their maps and some of their estimates. If they put, they put cost estimates together, they put their maps. It was a great plan, but the problem I learned was, and they told us this at the time was like, I think all the city council members and other people we were trying to pitch for this idea, they saw the numbers on that plan, which were, you know, $30 million, $40 million. And it's just, just ridiculously big number for a small town.And understandably, they're like, yeah, this is not, we can't do this. And so we had a hard time figuring out the first little thing to do. And, you know, the Strongtown style, like what's the first little $500 thing or a hundred dollar thing we could do. And I knew that concept and we knew that concept, but it really had a hard time getting traction on that, but particularly because a lot of the segments we were trying to build on were in DOT right aways where we had to get a couple of private easements.I'll also say that even the well -meaning people inside the city government, there's always a propensity to do bigger and more formal stuff to build something really, we don't build things like dirt trails in our town. We build nice stuff in our town. That was like the attitude I got a lot. And I said that was a really difficult thing to bump up against because they would, with good intentions say, well, let's go get this grant. Let's go do this thing. And the grant would take six months to apply for. We wouldn't get it. And then we'd miss a bunch of momentum. And then.They were kind of used to this though. They're like, yeah, we'll just wait until the next cycle. And three years go by and nothing's happening. And that was really, really frustrating.Kevin K (24:39.034)Yeah, yeah. Once you get, learn a little bit about the government funding cycle, especially for transportation, it's very eye opening. So at what point did you come across the Strong Towns conversation then?Chad Carson (24:52.429)Yeah, I think I started listening to the podcast and I was interested in the financial angle as an investor. I just, I found it fascinating that towns were not really budgeting for their liabilities. And I compared it as a real estate investor. This is something we actually deal with all the time because we have a house that you buy from 1950. It's a single family house and you have these things called capital expenses that we all, if you're an experienced investor, you know, those are the thing that come up and bite you.that most rookie investors underestimate the amount of repairs and maintenance they're going to have to do. But as I learned kind of the school hard knocks, these $8 ,000 heating and air bills or $10 ,000 roof or a sewer line that has to be replaced from the house to the road, those will eat up your cashflow for the next two years. And so you have to start creating sinking funds or having reserve funds to pay for those things if you ever want to have a real business, a real rental property business.And it was fascinating to hear that cities aren't doing that. Like, wow, okay, so we have these 70 year capexes that are, you know, they're not even budgeting for it. And that the, you're building these new construction properties. And so I was just fascinated by that math and by the lack of conversation about that and lack of awareness of that in many places. And so that was interesting, but also just, I was just energized by the advocacy, the local, there's other people doing this. There's other people working on it.The fact that you can use social media to try to garner support in your community. So for all those reasons, I was, I was on board and I think I read, happy city and walkable cities, but it was other things first. And they kind of brought me into the strong towns world as well.Kevin K (26:32.09)And then, have you been able to use that with any of your friends or neighbors or anything as a way to help broaden the conversation?Chad Carson (26:41.229)Yeah, I think I bought all the city council members, walkable city at one point. And, you know, probably, I'm probably that annoying local person who brings up, sends, I send city council members regularly, strong towns, articles and different things. And, so yeah, I'm, I'm using that resource a bunch and particularly YouTube videos I find in podcasts, I think are helpful books are great too, but I think having little snippets of content, something somebody can watch in 10 minutes can really change their perspective and a video.As a YouTuber, I've really become a believer that YouTube videos, they use all the senses to try to influence somebody, right? You're seeing something, you can use visuals, you can show maps, you can show music if you want to. So I've really enjoyed using that as well. And I have ambitions myself to create more content. Like I create a lot of real estate oriented content, but I have a long list of ideas I would love to create videos on and shorts on. And I've...10 different intersections that I want to go out and show how awful they are in town. And I think social media and video and what Strong Towns has done really well is just using media to leverage their voice and be able to make a change. I think that's one of the best things about the media revolution we have now. Small people with not many resources can make good enough content to do, it goes viral and makes a big difference.Kevin K (28:02.49)Yeah, I'm always amazed that I'll stumble on some sort of YouTube channel that I didn't even know existed that was related to like urban planning or whatever. And I'll check it out and they have like 600 ,000 subscribers or something. It's just like, wow, where's that? Yeah. Yeah. And then, you know, some of the folks out there, like not just bikes and others who have like literally millions of subscribers and produce really beautiful, incredible content on a regular basis. So yeah, you're right. It's, it's cool. I think I'm.Chad Carson (28:14.093)Exactly. There's a big audience. Big audience. Isn't that amazing? Yeah.Chad Carson (28:28.621)Exactly.Kevin K (28:31.514)find myself increasingly behind the times on some of that stuff. Yeah.Chad Carson (28:33.997)You got a podcast that this is great. This is the medium people are listening to.Kevin K (28:40.218)I actually, the funny thing is I actually created a couple of videos probably almost 20 years ago at this point that related more specifically to like street design. And it was really fun to do, but it was so early on and I, you know, I, the technology wasn't quite as good or as inexpensive yet. So I actually hired like a marketing firm to create them for me. And it was, it was really fun. And, and I actually got, they got a ton of views and I was excited for that, but it was just having a hard time justifying.you know, paying that amount of money to keep doing those sorts of things.Chad Carson (29:09.933)Yeah. Well, if you want to experiment and do a couple of pilot projects, I've got my editors on the call and ready. I've got a graphic designer. So let's collab and we'll make a couple of cool videos and test them out on Coach Carson.Kevin K (29:20.858)I would love to do that. Yeah, I'd love to do that. Like you, I have a longer list than I'll ever be able to get to of things like that. So one thing I'm curious about, so it was, you said it was Ecuador where you and your family went for 17 months. Is that right? So how did that experience of living in a foreign country, how did that kind of shape your idea about how to get around a place? I would imagine, I mean, I'm going to make an assumption. It could be totally wrong here, but the assumption you're probably living in an older,Chad Carson (29:35.213)Correct, yes it was.Kevin K (29:50.17)city where you were walking around most of the time.Chad Carson (29:53.069)Yes, we lived in Cuenca, Ecuador. So Cuenca is a third biggest city in Ecuador. And Ecuador, by the way, is just an amazing country. To me, it's a lot like Costa Rica was probably 30 years ago, 40 years ago, in that it has, from an ecological standpoint, it's just amazing. It's got rainforest in the, it's got the Amazon basin rainforest on one side of the country. It's got highland mountains. So we lived in, Cuenca is in the highlands, it's 8 ,000 feet up.8200 feet or so is the kind of the base of this place and you have mountains around that. And then you have the coast and of course the Galapagos Islands, which have a lot of history with biology. I was a biology major, so I just loved going to the Galapagos and getting to study that. So it's just amazing place. People are really amazing. I love the food there and a lot of, you know, so many fruits and local foods, but from a walkability standpoint, we, we chose, I kind of learned how important walkability was to me when we started choosing where we wanted to live.And we, we look for parks, we look for the downtown and then we found residential areas near those places. It's the top of the list. Like there's a lot of other criteria. Of course we wanted to be safe. We wanted to have other things, but walkability has been and still is like the top of my list. And the cool thing about going to another country is you can see there's different approaches to, how they built their cities. This was a colonial city. So we had like the kind of the Spanish square in the middle and it's a public, it's amazing.Spanish squares are amazing public spaces because people use them. There's benches around, there's trees, there's the church on one side, there's the civics building on the other side. They're playing, you know, in the 1700s or 1500s, it depends when. So that was kind of the center of town. We were kind of off that kind of old colonial town, but relatively close. And the whole town was built around parks, was built around that center, but it was also...you know, I think resources are an issue. It's not like they had more resources than an American city. But most people, the thing that struck me was a lot of the people like my Spanish teacher who I met with every week, he rode a bus from the suburbs into town every single day. He walked around a lot. And people didn't do this because it was just something they wanted to do. let me let me be a walk in a walkable town. This is the entire system of transportation was built around people who couldn't afford a car.Chad Carson (32:16.493)And so it was out of reach for most people, even like he was a teacher, he taught me on the side and he taught English at an elementary school. So he was like lower middle class, but for him to get a loan to get a car or to have enough money was just completely out of reach. So there's this whole system of both public transportation officially from the city buses. There's also just people walking and on paths that are kind of necessary to get around, but there's also an informal.transportation system that if anybody's traveled in Latin America, you'll see how this works. It's like people standing on the side of the road and when they go by, you just kind of raise your finger up and somebody eventually might pick you up. And so we did that several times where we missed the bus and this like delivery truck came by and said, you need a ride in? And we talked to him in Spanish and we'd sit in the back of the delivery truck and offer them some money and go to town. So like, there's just this enormous kind of organic system of.of transportation that was fascinating to see, but walkability was just kind of implied. Like everybody knew you, all right, yeah, you have to make it walkable because it's just for survival and people have to be able to do this.Kevin K (33:24.346)How did your kids react to being in that environment?Chad Carson (33:29.165)they were three and five at the time. So I think they were a little too young to like be fully aware of what they were getting into, but it was beautiful to see them sort of integrate themselves. And they had about seven or eight words of Spanish when we started. And as a three -year -old, you don't have that many, that many words anyway. So it was okay. But then by about seven, eight months in, I had a head start. I had learned Spanish. I wasn't great at it. My wife was very fluent, but I was way ahead of them. But by seven, eight months in,We were sitting around the dinner table talking Spanish and they were correcting me saying, Papa, no se dice eso. And they would kind of wag their finger at me, Spanish Ecuadorian style and, and correct my Spanish, which was amazing. So the language they just really took to, they made friends locally. but then also, you know, they just kind of get used to, to being there that we, at first, we first started walking around the complaint and why not? I don't want to walk around. But by the end it was just, just what we did. You just, you walk everywhere. And I think that's sort of stuck with them a little bit.Kevin K (34:28.89)Yeah, I've often talked in presentations that, especially people my age and sort of our general generation, that it really was a formative thing for when a lot of us like traveled overseas. And if you got to spend any length of time living in a foreign country and just kind of experiencing what it's like, because most of the world, frankly, you are living in a place where...still the backbone of getting around is walking. We're a little unique in that regard in the United States. And I always tell people American cities used to all be that way too. We used to all be walking cities until about the 1920s or so. But it's definitely like it really gets, it really affects your thinking and your perspective on a lot of things, especially like a unique chance like you had to live somewhere for a really extended period of time.What was the adjustment like coming home?Chad Carson (35:28.045)depression. And I'm literally mean that literally it's it was my wife and I both had a really hard time. I think the kids did okay. Our older daughter had a hard time in school, just which of things natural, you know, when you go through a big 17 months living somewhere else. Our younger daughter was in kindergarten. So everybody was new to kindergarten. She did okay. But, you know, my wife and I had transportation and walk lack of walkability was really the big deal because there was a lot of great things coming back. I was alsobelieve it or not, I had a lot of Ecuadorian friends who said, are you sure you want to go back to the United States? Because it seemed like every month there was another school shooting. And that's a political topic. I'm not going to get into the details of it. But it's a reality that a lot of other countries don't have. And they were worried for us going back to the United States, which I find very humorous given that we had the same thing for people in the United States. Are you sure you want to go to Ecuador? Are you sure you want to go there? And that was the same question they were asking as we came back. So that was an adjustment. But really the...The fact that we had to drive so much was again, was just a shocker to your kind of system. And we, but we, I was determined and my wife was determined to only have, we sold one of our cars when we left and our other car we put in storage with family. And we kept this one car for about two years after we got back and I bought an e -bike. And so we, my wife and I, we sort of kind of an adjustable side, it was in between my size and my wife's size. So neither one of us like was perfect for us, but we.I use the heck out of that e -bike. And if somebody wanted to have a meeting with me, I was like, well, here's the two places I can meet in town where I knew I had a fairly safe route to get to. And I would meet them at those places. So it really like being in another environment where I walked all the time, inspired me to try to do that when I got back. And I had to use biking because walking was not possible to get all over town just from a distance standpoint. And so having a bike and having an e -bike in particular.It would make it in the hot summer, you know, South Carolina summer when it's 90 degrees and humid, I could still go, you know, two miles away and be there, not really sweat. And that was great. Like it was so inspiring. So going back to like the green Crescent trail movement, it sort of took a pause. I was still involved with it, but when I got back, I was really gung ho about that and excited about it again. And so that just experience of going somewhere else and seeing that it's possible to do this and seeing what it feels like and knowing that people will really.Chad Carson (37:49.165)get a lot out of this and are gonna, it's gonna be awesome when we can get it. Sort of motivated me to get back into that. And we, we've since made, I didn't finish that story, but we've since made a lot of progress. We have this, just this year in this past year, 2023 opened up about a mile and a half of multi -use path and the city of Clemson and then another mile or mile and a half inside Clemson University. So there's a trail that connects two city parks, Clemson Elementary School to the university.Kevin K (38:12.378)Great.Chad Carson (38:18.829)And then the university has a botanical gardens, which is one of the key kind of park locations in town. So it's connected to that. So we've connected like three or four of our strategic locations and people being able to see that it's on the ground and it's possible and asking questions like, Hey, can we get more of this? And so it's been really nice to have some validation after so many years. And then we have a lot of momentum now, all the city council members that I've talked to are.very much on board. The city of Clemson now has dedicated funding every year, $250 ,000 for the Green Crescent Trail. They have raised, they did, we should talk about from a strong town standpoint, they actually bonded some money to build another trail as well, another portion of the trail, along with a couple of the park infrastructure. So it's, I mean, they're spending money and they're investing in it, which is awesome. And we're also working with a couple of the local smaller towns, which is a different dynamic.Kevin K (39:03.642)interesting.Chad Carson (39:15.053)They're 5 ,000 person towns with lower budgets, but we've got another half a mile on the ground in one of those towns. And we're working with the third town to do just a natural surface trail to start. We're starting to learn our lesson. We're working, as we speak, we're working on, one of the city council members is working on getting easements from a couple of property owners. One's a church, one's a historic foundation. And so we're kind of, we're getting our order of operations where we get the land secured and then we.I think we're just going to try to see what's the lowest cost trail we get on the ground and build a trailhead and just get people using this and connect, you know, smaller locations we can, a quarter mile, half a mile, and just get it on the ground and then let people experience it. And they're going to say, well, we want more of this. And so then we can say, yeah, yeah, we do want more of this. What's, what's the next step? And that's the, luckily we've learned a little bit, but I'm really excited about how it's coming together. And we have a, we have a 30 plus mile kind of map.that we've kept updated. We're showing what the towns will look like when they're connected, what all the routes we're trying to connect are. And then we have like an implementation plan of here are the two or three locations in town that we really think are the low -hanging fruit where we can make progress and get easements and raise money. And so that's all that all was spurred personally for me along by living in places that were walkable that I could see the potential for it.Kevin K (40:38.202)That's amazing. And I mean, I think you're totally right that I have the same experience from a professional standpoint, but I've seen it time and time again when you have trail networks, when you have even like we have the streetcar system we have here in Kansas City. Oftentimes the most challenging thing is just getting a little bit of it going. And then once people can see it and feel it, touch it, ride it, whatever, then they tend to want more. So I think...that's definitely the right path. And so you found then that just even in those cases, just getting sort of like a gravel trail down is a better place to start than than waiting for the paved surface.Chad Carson (41:19.021)I think so. If I had to do ever again, I'm not sure we had had that surface, but if we could have had anybody give us a quarter mile, even within a park, I would have just said, let's do that. Or let's do the, let's just do a crosswalk. Let's just, let's do a tactical urbanism. And we talked about that. I just, I don't think we pressed it enough. I think we got talked out of that kind of stuff by well -meaning people, often planners or people who are like, Hey, we're supportive of this. Let's do this, but let's do it bigger. Let's not do a little.crosswalk and I think that's a mistake. I think it's the you lose momentum you you get you know that that person changes jobs somebody city council people rotate off and if you don't get some tangible quick process progress on the ground through either temporary or otherwise you're you're gonna lose momentum and it's just it's kind of amazing we didn't lose the whole get off track because we went five or six years without anything.on the ground and we had a lot of supporters and we had a lot of maps and we had a lot of meetings, but it got really frustrating not having the actual stuff on the ground. So that was something I would, if we did it over again, it would have found a way to do that.Kevin K (42:23.354)Yeah. So has this been then like a gateway drug for you to the broader strong towns movement or are you gearing up to start thinking about zoning and all that sort of stuff yet?Chad Carson (42:30.453)Yeah. Yeah. Yeah. I actually went on the planning commission. I didn't mention that I was on my local planning commission after during that same time. So yeah, I got involved and I've always been involved in housing. And so I think housing is affordable housing is something that I find even I find it some ways more approachable because I understand housing so well and the finance financial world. So I've been more interested in transportation, but seeing how that connects to housing and how important they are.Kevin K (42:37.43)cool.Chad Carson (42:59.085)I'm really geared up as well to try to help shape opinion on that, talk to people about it, preach about it, whatever we have to do. Yeah. But, and also maybe I was really inspired at this latest Strong Towns gathering by some of the alternative ways to build affordable housing. For me, the ADUs and cottages, that's always been vernacular for me in the real estate investing world. And that's from a purely kind of...you know, just financial independence movement. That's it makes a ton of sense. But to see that that's maybe a potential solution on a larger scale, I think is really exciting. And then I'm excited also, it's not something I've kind of written plans for it. And I think I could get into some of the small scale development. I never called it that I didn't think about what we're doing as development, fixing up a property that needed $50 ,000 in work and turning it around or.turning, you know, subplating a lot and building an extra unit on there. It was just something we did, but it's been kind of cool to see it a whole other world of people seeing it from a little bit different perspective of this is adding housing supply to the market and seeing that real estate investors, as I call them, is like, there's a role for us, a really important role for affordable housing, for providing rentals, for building more rentals. And so yeah, I'm excited about that. And I think I'm...I'm more in, I think, the finance, financing role these days. Like I have done on the ground, I've managed all my properties myself. I've managed remodeled projects. I'm a little less interested in that at this point because I've done all that. But I like partnering with people who do that. And so we've, my business partner and I have financed some deals with other people, kind of been the mentor on the ground. Here's how, all right, we need to do this. Let's get this done. And I think some of the planning, the properties and acquiring the properties and then.working with people on the ground who we can partner to kind of execute them. That's something that I'm interested in doing more of.Kevin K (44:53.146)That's terrific. Yeah, I think one of the things that we've really tried hard to broaden is the understanding of what a developer actually is. And unfortunately, there's this idea that a developer, somebody is a guy who has a fancy suit that drives a $100 ,000 car and builds six story buildings and everything else or $50 million projects. But the reality is, just like you said, if you build a house,If you renovate a house, you're a developer. You may not think of it that way, but if you are doing anything that really contributes to the built environment, no matter at what scale you're a developer, and that's, I mean, historically, that is much more aligned with how our cities were built than the way we think about it today.Chad Carson (45:39.885)I got a question for you. This has been on my mind. What is what is the worst connotation being a real estate investor or being a real estate developer when you when you walk into when you walk into a room of local citizens? Because I don't know for me developer is like not a positive word. Like I gotta get I gotta get my head around this. I like developers. I'm fine with developers. But man, like in my town right now, developers are like the evil empire like you might as well be might as well be Darth Vader walking into a room because they've just there's been a lot ofbuilding pressure for the big buildings for the, you know, 700 unit apartment buildings for students. And so we small developers, I call it my, I wrote a book called the small and mighty investor. My heart, my heart is with the investor who has two properties, five properties, 10 properties. We might as well not even be, you know, in the room. So I feel like we have a marketing problem, an imaging problem that maybe there's a new name. Maybe it's not, I don't know, but like, I just, I'm curious what your take is on that.Kevin K (46:29.305)Yes.Kevin K (46:36.698)Well, I mean, you're totally right. And some of the black hat stuff has been well -earned. My good friend John Anderson, who is one of the founders of the Incremental Development Alliance, he used to always talk about how he was teaching people the dark arts of development. And we always made, we had a lot of fun with all that. But there's definitely been a lot of work to try to rebrand what development is and what a developer is and to try to.Chad Carson (46:52.557)Yeah, yeah, exactly.Kevin K (47:06.458)you know, almost think about it more. There is a field called community development. I, I hesitate to call people community developers because there actually is like, there's, there's like whole federal programs that are tied to that term and everything else. And their community development block grants and stuff like that. But, but in a sense, that's kind of what it is. my, my friend, Monty Anderson, who was also very big in the incremental development world. he, he likes to talk about.people as farmers. And he really likes to encourage that language, you know, that if for people who want to do small scale development and really work in a community in your place, the idea is thinking about it like a farm and, you know, first of all, to find your farm, whatever that is, that location that you care about, that you want to live in and invest in, you know, literally for like the rest of your life, because you want to have a positive transformative effect on it. And then,The analogy, like a farmer, a farmer knows every blade of grass on their farm. They know where all the really productive areas are and the not productive areas are. They know what's going to work in different sections of their fields. And ultimately, that type of developer where you're just working in a community at a smaller scale, that's kind of the analogy.Chad Carson (48:23.725)Yeah, I like that. Yeah, I think the word small is important. Keeping small versus big. And then I think one of the problems a lot of people have is that the bigger developers don't have skin in the game. They don't have skin in the game in the local community. Even a big developer, if they live there and they had to bump into people in the grocery store and have to see and talk to those people, that's a natural human pressure that we've always had when you live in a tribe or live in a community.Kevin K (48:36.666)Mm -hmm.Chad Carson (48:53.197)where you couldn't just make an action or make a decision without thinking about how that affects your neighbor and your community. And you might make a decision that makes less profit so that you're not ashamed of being there. And that's something when you're sitting at a desk in New York City, you don't have to make that decision. It's just a number on a piece of paper. And I find that annoying, I find it lame. And it's always bothered me like in the real estate investing sphere too, that the big hedge funds, the big...go big 10X. That's kind of been like the aspiration for a lot of people in the financial world. It's like, once you grow up out of the single family houses and the duplexes, then you'll move up to like the real investing. And one of my mentors was a guy named John Schaub and he's in Sarasota, Florida and he's owned single family houses for 50 years. Like that's what he thinks is the best from a selfish standpoint. And it's also from the community standpoint, his tenants benefit. He's had tenants who stay for 10, 20 years. They get to live in a nice community.So I don't know, I think I resonate a lot with that idea. But yeah, imaging and how do we frame that and how do we tell those stories is such an important part of the process.Kevin K (50:02.17)Yeah, I mean, I think we put a, we definitely put a big emphasis on the term small developer or incremental developer. And there's probably better ways to talk about that. we have a, we have a local sort of meetup group that my friend, Abby Newsham, who also has a great podcast on the strong towns network that she organizes. That's just, small developers of Kansas city. and, we have, I don't know, 20, 30, 40 people that come every week to a meeting where we kind of, it's almost like a, like a support group.in a lot of ways. But you know, as you know, as you allude to, there's such a vast gulf, like two different worlds in real estate development. There's the people who work at the hedge fund level, and they literally are doing projects anywhere in the world. And they're working with hundreds and hundreds of millions of dollars at a time to build projects everywhere. And then there's the people who work in communities, and they're probably getting their loans from a community bank.Chad Carson (50:31.853)Yeah. Yeah.Kevin K (50:59.002)you know, a locally owned or a regionally owned community bank. And they are your neighbors and they are people you're going to run into. So you're right, it's a huge difference.Chad Carson (51:10.669)Night and day. My only banker has been a guy who lives locally, goes to church locally. He runs on our trail now. He's like, I love this green crescent trail and he's running on it. So it's a, that's the one of my favorite parts about the real estate investing business, but also how it spurs off into the trails and the housing advocacy and working on your local planning commission, all the relationships you build and how organic that is and how mixed up that is. Like it's a really fun part of it.Kevin K (51:34.906)Yeah. Well, it's an interesting drug that once you catch on to all this stuff, you find yourself going in a lot of different rabbit holes.Chad Carson (51:40.717)Yeah, yeah, I'm all in. Yeah, I'm in the rabbit hole for it, there's no doubt.Kevin K (51:46.266)So how else can people in my world, how can we help you or what questions do you have that I can answer or others can answer in our world? What sort of things are you would like to know about the world of city building and design?Chad Carson (52:04.845)That's a great question. I never thought about that. I think design, I'm really interested in maps and just like design is an amateur and I find it really, I've been fascinated with just studying how cities are built. So I don't know if it's like, I'll just tell you what I'm learning, what I'm studying. Like all the Strongtown books have been great, but I think the thing that is,good about all that is like taking the design world, the development world, and translating it into a language that's understandable for laymen, for people who are just a layperson who's on the ground. I think that's been the brilliant part about a lot of your work, about what I've seen Jeff Speck do and other people is, yes, I know planners and city council, but a lot of city council members are the lay people. They're not professionals. So that's kind of what I've been trying to do in my own world of real estate investing as well. I feel if I have any kind of signature,Kevin K (52:53.946)Sure.Chad Carson (53:01.357)is taking this complicated idea of math and finance and negotiation and evaluating neighborhoods and trying to simplify it and translate it into a common vernacular, something that's easy to understand, telling stories. And I think that's the trick with all of this as well, is like translating it, because ultimately, getting a lot of people on board doing this and maybe the mixing of these two worlds we're talking about today. I mean, I think, I...publisher of my books, bigger pockets, for example, they're the big real estate investing website. There's 2 million members of bigger pockets. They have the, you know, top five investing podcasts in the in the country world, whatever, I don't know, and they have another two or three podcasts, like there's a lot of people who are interested in it from that angle. And I found just because I've been talking about it on my own, that there's a lot of those people who are interested in architecture design, but they just don't see themselves in that yet.And I would love to help bridge those worlds in whatever way we can. That's part of my interest in coming on this podcast too. It's just, I think, I think there's a lot of one of the beautiful parts about this kind of local small developer movement is that it is not only like there's a selfish motivation behind it, which is fine. Like I'm good with that. That's capitalism, right? That's that's people, people have to have a engine, a personal motivation to do this. They can make money. They can turn this into a business. but then there's also, this is a really,Kevin K (54:19.034)Mm -hmm. Mm -hmm.Chad Carson (54:28.653)people have an interest in their own communities and designing them. And they're curious about why it is that you can't cross this street the same way I was. And so I think like, go back to your question, I think just continuing to open up the hood to show like, here's how cities are built. Here's why this intersection is the way it is. I found that to be fascinating because it's something I took for granted before. It was just an assumption I made. And a lot of these things happen in like a back room somewhere.And so like bringing that to light and showing like, no, here's why over the last 60 years cities are built this way and here's how we can do it differently. I find that enormously interesting and optimistic and fun to be able to learn that.Kevin K (55:10.618)Yeah, and my experience has certainly been that the people who are the most persistent, and often it takes way longer than you think anything should take to get done, but those people who are persistent and really have a passion for whatever it is in their community, that they're ultimately the ones who get things done. And it frustrates all of us how long things can take, but it all starts by somebody giving a damn to begin with. It's funny.We talk about other people in our world, but like Pete from Mr. Money Mustache, he's moving to cul -de -sac, which is a pedestrian -only community in Tempe, Arizona, which was designed by my friend Dan Parolick's firm Opticoast Design out of Berkeley, California. It's a total small world.Chad Carson (55:52.525)Yeah. Okay. Small world. Yeah. I went out, I went out and visited them. Yeah. He lived there for the winter and I went and visited him in February. So we all, we all hung out and cul -de -sac and rode e -bikes and I think he missed, I think he missed his Colorado mountains a little bit too. So I think he's going to be back and forth between, you know, visiting both, but yeah, yeah, exactly. There's a, there's a ton of crossover betw

Welcome to a new episode of Get Creative! In today's episode, we chatted with Wesley Thompson, a graduate of the SubTo program who found success in real estate using creative financing strategies. Wes shares his journey from military service to becoming a long-term rental investor, highlighting the importance of finding the right market and building relationships. Highlights "I don't want to build myself into a business or a job. So I like to keep things as Chad Carson would say, relatively small and mighty."  "It's not necessarily the best idea to be the first one to reach the seller."  "It was very much a relationship thing... the listing agent reached out to me because they already had credibility there."  Timestamps: 00:49 - Meet Wesley Thompson 02:54 - Why Long-Term Rentals? 04:51 - Real Estate Journey: Army to SubTo Graduate 06:28 - First Creative Deal: Subject-To on MLS Listing 09:14 - Finding the Right Market & Seller Situation 12:27 - Wholesalers Paved the Way for Creative Deal 14:31 - Building Relationships with Listing Agents 18:43 - Renovation & Cash-on-Cash Return 21:14 - Creative Financing on the Commercial Side 24:20 - Open to Weird Deals & Building a Team ► Join The Subto Community & Learn Creative Finance Directly from Pace:  https://paceapproves.com/subto-gc ► Want to Become a Private Money Lender? Join Us For The Upcoming LIVE Training this Saturday to Learn How to Lend Money on Real Estate Deals: http://joingatortribe.com/yt   ► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt   ► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions: https://paceapproves.com/tttc-gc   ► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success: https://getcreativepodcast.com/   PLUG IN & SUBSCRIBE Instagram: https://www.instagram.com/pacemorby/ TikTok: https://www.tiktok.com/@pacemorby

In this episode of the Inspired Money Live Stream Podcast, we discuss building wealth through real estate. Joined by an expert panel featuring Russell Gray, Chad Carson, Crystal Hammond, and Joe Saul-Sehy, we explore strategic investment approaches, the importance of market awareness, and effective property management. Transitioning to Wealth Building Real estate is not just about properties but about creating a wealth-building strategy. "Building Wealth with Real Estate: Strategies for Success" highlights the diverse approaches to investing in real estate. Our distinguished guests share their expertise and personal experiences, offering a comprehensive view of effective real estate investing.

In this WIIRE episode, we are welcoming the mind behind the Small and Mighty Real Estate Investor, Chad Carson. Chad began his real estate investing journey back in 2003 in Clemson, South Carolina, and along with his business partner has grown an incredible business and impressive portfolio.He first started working on Small and Mighty Real Estate Investor, not even knowing what it would be called yet, but instead with a list of ‘Here is why I want to do this.' and asked himself, ‘What kind of business can do this for me?'. The answer will probably surprise you so don't miss a second of this incredible interview.Chad has pivoted a few times during his investing journey but has also changed the way he thinks and the way he helps people now offering coaching services alongside his real estate investing business.Want to know more about Chad and what he offers? Connect with him on Instagram or check out his podcast on YouTube!We hope you loved this episode as much as we did. Thanks for tuning in!  Resources:Order your copy of The Self-Managing LandlordUse Hospitable for your REI bizFind out more about Chad's coaching programConnect with Chad on InstagramCheck out Chad's podcast on YouTubeGrab your copy of Small and Mighty Real Estate InvestorGrab your copy of Retire Early with Real EstateLeave us a review on Apple PodcastsLeave us a review on SpotifyJoin our private Facebook CommunityConnect with us on Instagram

Join Chad Carson on the Invest2FI podcast as he opens the door to his world, sharing the pivotal role that real estate investing played in liberating him from the financial grind. Also known as Coach Carson, Chad is committed to sharing his expertise in rental properties through his exclusive learning and coaching community, Rental Property Mastery (RPM), and his vast community of 40,000+ investors tuned into his free weekly newsletter.  Chad's approach to building wealth and income through rental properties allowed him and his family to achieve financial independence in their 30s and enabled a transformative "mini-retirement" in Spain in 2023. Chad aims to empower listeners to live on their terms, contributing more fully to their families and communities, indulging in hobbies and travel, and breaking free from the traditional 9-to-5 grind. In this episode, our guest shares valuable insights on technical topics such as the difference between lease options and purchasing sale agreements, deal-sourcing strategies, finding private money lenders, and managing lifestyle creep. With 33 properties and 99 units, Chad shares his advice on scaling your real estate portfolio without burning out or finding yourself buried in debt. Tune in to learn how to finally step away from the financial grind and create true wealth for you and your family! PODCAST HIGHLIGHTS: [1:10] Craig's Current Buy [4:05] A Sneak Peek into Craig's Five-Year Investment Plan [7:35] Starting Real Estate Investing Right after College [11:20] Learning From Chad's Dad's Real Estate Journey [14:30] On Making a Lease Option [16:41] Chad's Deal Sourcing Strategy [18:10] Why a Lease Option May Be Beneficial [28:38] Finding Private Money Lenders [31:35] How to Structure Money Lending Agreements [37:05] How to Scale Your Portfolio (Without Burning Out) [40:55] If You Could Restart Your Journey, What Would You Do Differently? [47:30] Aligning Property Types with the Market HOSTS    Craig Curelop   

Getting into the game of real estate is like stepping into a world of houses, buildings, and properties. It's all about buying, selling, and renting places where people live, work, or play. Real estate can be a thrilling adventure, like a puzzle where you match homes with buyers or tenants. It's a game where you use your smarts to make money by understanding property values, location, and the needs of people looking for a place to call home or start a business. But just like any game, you need to learn the rules and strategies to succeed in the world of real estate. In this exciting journey, you'll explore various types of real estate, from cozy houses to towering skyscrapers, and discover how each property is unique. You'll learn about the tools and tricks of the trade, like mortgages, contracts, and negotiations, that can help you win in the real estate game. In this episode of the His and Her Money Show, we are joined by Chad Carson, a real estate investor, world traveler, and the author of the book, Small and Mighty Investor, to talk about the game of real Estate investing. Chad shares how people can get into real estate, why real estate is a powerful tool for wealth-building for the average person, tips to evaluate the right location for buying your property, and strategies to save money for real estate investing. He also talks about the different ways to find networking events where you can find other people who are interested in real estate investing and the difference between successful and unsuccessful real estate investors. Tune in to learn more!   What You Will Learn: Why real estate is a powerful tool for wealth-building for the average person How people can get into real estate investing Is this a good time to invest in real estate despite the high interest rates and housing prices? Tips to evaluate the right location for buying your property Strategies to save money to start investing in real estate Ways to find networking events where you can find other people who are interested in real estate investing Advice on structuring proper partnerships in real estate so that no issues occur Situations where seller financing might be an option for you The best properties for small investors Evaluating the right properties for your real estate investing The difference between successful and unsuccessful real estate investors   Resources Mentioned: The book: Small and Mighty Investor Debt Freedom Blueprint (FREE) Teach Me How To Budget Course   Connect with Chad Carson: Website: https://www.coachcarson.com/ LinkedIn: https://www.linkedin.com/in/coachcarson/ Twitter: https://twitter.com/CoachChadCarson

Raking in twelve thousand dollars each month from only four rentals might seem like pie in the sky, but that's the power of investing (and reinvesting!) in short-term rentals. Find the right market and property, and you can charge a premium for an unforgettable guest experience! Welcome back to the Real Estate Rookie podcast! Today, we're chatting with Zoey Berghoff, an investor who earns a significant amount of income from a small real estate portfolio. While other investors might use their profits to buy more properties, Zoey bucks conventional wisdom by reinvesting those profits back into her rentals—a move that has not only boosted her booking numbers but also allowed her to charge more for her unique stays. But that's not all Zoey is doing to maximize her profits. By “land hacking,” she creates multiple income streams on one property while keeping her rental property expenses down. What does it take to succeed in the short-term rental space? Stick around and find out! In addition to maximizing Airbnb profits, Zoey talks about how to approach new builds—from assembling the right team for the job to getting your county on board. Finally, she highlights the importance of setting reasonable expectations for your Airbnb guests—even if it means narrowing your pool of potential guests! In This Episode We Cover: The power of reinvesting your profits back into your real estate portfolio Lowering your overhead costs through land hacking How to assemble the ideal team for your short-term rental build Getting your county to sign off on your new build or home renovation project How to analyze a unique rental property (when there are no comps!) Creating a unique guest experience that makes your rental stand out Things you MUST include in your short-term rental description And So Much More! Links from the Show Find an Agent Find a Lender Ashley's BiggerPockets Profile Ashley's Instagram Tony's BiggerPockets Profile Tony's Instagram Real Estate Rookie Facebook Group Join BiggerPockets for FREE Ask Us Your Investing Question Apply to Be a Guest on the “Real Estate Rookie” Podcast 10 Income Streams on 1 Property by “Land Hacking” w/ Andrew Kai Achieving FI with Fewer Doors: The Small and Mighty Real Estate Portfolio w/ Chad Carson $11,000/Month with One VERY Unique Rental Property w/ Garrett Brown Connect with Zoey: Zoey's Instagram Zoey's Website Check the full show notes here: https://www.biggerpockets.com/blog/rookie-337 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email: advertise@biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of the Personal Finance Podcast, we're going to be talking about how to build a small and mighty rental property portfolio with Chad Carson. How Andrew Can Help You:  Join The Master Money Newsletter where you will become smarter with your money in 5 minutes or less per week Here! Learn to invest by joining  Index Fund Pro! This is Andrew's course teaching you how to invest!  Watch The Master Money Youtube Channel!  Ask Andrew a question on Instagram or TikTok.  Learn how to get out of Debt by joining our Free Course  Leave Feedback or Episode Requests here.  Thanks to Our Amazing Sponsors for supporting The Personal Finance Podcast. Shopify: Shopify makes it so easy to sell. Sign up for a one-dollar-per-month trial period at  shopify.com/pfp Chime: Start your credit journey with Chime. Sign-up takes only two minutes and doesn't affect your credit score. Get started at chime.com/ Listen to Planet Money wherever you get your podcasts. Policygenius: This is where I got my term life insurance. Policygenius is made so easy. To get your term policy go to policygenius.com and make sure your loved ones are safe. Connect with Chad Carson Website Linkedin Youtube Facebook Twitter Instagram Books Connect With Andrew on Social Media:  Instagram  TikTok Twitter  Master Money Website  Master Money Youtube Channel   Free Guides:   The Stairway to Wealth: The Order of Operations for your Money  How to Negotiate Your Salary  The 75 Day Money Challenge  Get out Of Debt Fast  Take the Money Personality Quiz Learn more about your ad choices. Visit megaphone.fm/adchoices

Think big! Accumulate hundreds or even thousands of units. Use economies of scale. Syndicate. Benefit from maximum leverage. In other words: Go big or go home. Aren't these the messages we hear so often here on BiggerPockets? Aren't the biggest and the best the ones with the most cash flow, the most flips, and the most rental units? Well, I'm here to tell you that bigger is not always better. In fact, in this article and my new book, The Small and Mighty Real Estate Investor, I plan to show you that smaller and simpler is actually better for many of you. I'm trying to start a new movement. I hope some of you will join me. The motto is “go small or go home.” And the hero is called the small and mighty real estate investor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Think big! Accumulate hundreds or even thousands of units. Use economies of scale. Syndicate. Benefit from maximum leverage. In other words: Go big or go home. Aren't these the messages we hear so often here on BiggerPockets? Aren't the biggest and the best the ones with the most cash flow, the most flips, and the most rental units? Well, I'm here to tell you that bigger is not always better. In fact, in this article and my new book, The Small and Mighty Real Estate Investor, I plan to show you that smaller and simpler is actually better for many of you. I'm trying to start a new movement. I hope some of you will join me. The motto is “go small or go home.” And the hero is called the small and mighty real estate investor. Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's episode, Tyler Deveraux sits down to interview Coach Chad Carson! Chad is a multifamily investor, podcast host with Bigger Pockets, athlete, entrepreneur, and best-selling author. He does it all! And has created his ideal life. Tune in this week to hear about Chad's story!Get Chad's Book Here: The Small and Mighty Real Estate Investor - BiggerPockets OR Here: The Small and Mighty Real Estate Investor - AmazonListen to Chad's Podcast: Real Estate Investing With Coach CarsonSubscribe to his YouTube: Coach Carson YouTube ChannelSubscribe to his Newsletter: Coach Carson Newsletter

The goal for real estate is to generate as much cash flow as possible and/or own as many doors as possible right? What if you realized the real goal is just to generate enough income to satisfy your desired lifestyle? That may seem obvious, but too often investors fixate on a high score instead of focusing on happiness. Coach Carson has previously joined us on the very first episode of The Financial Independence Show. In that episode, we cover Chad's background in detail but today we focus on the topic of his new book. That topic is the concept of the Small and Mighty real estate investor. The root of this concept is focusing on achieving the least number of doors needed to cover your lifestyle. Chad explains how chasing the least needed is much healthier than chasing the most possible. More properties equate to more headaches, and why have stress if you've already won? If you enjoyed this episode, check out the links below for more content, and don't forget to share this podcast with a friend! Links From the Episode Book: Small and Mighty Real Estate Investor Chad's Website Chad's Instagram Chad's Twitter Chad's Free Tools YouTube Interview https://youtu.be/U85lcE_ibS0 Join the Community We'd love to hear your comments and questions about this week's episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab the Ultimate FI Spreadsheet Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFiShow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here 

In this enlightening conversation with Chad Carson, we unpack the intricate journey of commercial real estate investment. From the balance between aspiration and satisfaction to understanding the deeper reasons behind urban development, Chad offers a unique perspective that integrates real estate knowledge with personal growth and community-building aspirations. Key Takeaways: The Moving Goalpost Phenomenon: Investors often shift their financial targets, leading to a never-ending race. Recognizing your "enough" is pivotal for satisfaction and growth in the industry. Importance of Community Understanding: Chad recommends the book "Strong Towns" that emphasizes the financial dynamics and designs of towns, which is crucial for commercial investors. Engaging in local community activities and understanding urban development can influence investment decisions and enhance community welfare. The Power in Diversification: Chad shares his strategy for investing in both single family rentals and small multifamily properties to create the ideal portfolio. He also discusses the power in "doing your own thing" with the lessons you learn from others to create the lifestyle you want to live. Chad Carson | Real Estate Background Owner of Coach Carson Portfolio: 37 units, 99 units total - mix of small multifamily and single family homes Based in: Clemson, SC Say hi to him at:  coachcarson.com The Small and Mighty Real Estate Investor (Chad's book)  Best Ever Book: Strong Towns by Charles Marohn Greatest Lesson: Understand your why before you scale quickly. Know where your threshold of success is and stick to it, so you don't end up chasing the ever moving goalposts.   Click here to learn more about our sponsors: Delete Me BAM Capital

Chad Carson is a Biggerpockets author of "The Small & Mighty Real Estate Investor"https://coachcarson.comWant To Quit Your Job, Build Your Own Business, And Travel / Impact The World?Check Out The Action Academy Community / Schedule A Free Intro CallLearn How To Buy Real Estate & Businesses In 5 Minutes Per Week:Join Our Weekly Newsletter Follow Me As I Travel & Build:Twitter @theactionpodIG @brianluebbenTiktok @brianluebben

Trading time for money. Most of us do it. In fact, before financial revolutionary Vicki Robbin (find her on past episodes), the practice was even more prevalent. Chad Carson is a real estate investor who believes that if you're building a pile of assets, often less can be more (especially if it's slightly hands-on like real estate). Using his own journey and real-life examples of other people, Chad talks us through the "trading time for money" connundrum, and hopefully helps us that Go Big or Go Home may not be the only approach to living your life. We even talk trading time for money in our headline today. Amazon and other companies are calling people back to the office. Many are fighting this, wishing to spend their career at home. If that's you, what do you do? Do we work better in the workplace or from home? We debate this (heatedly) on today's episode. How about someone who wasn't trading time for money? We'll cover that in Doug's trivia segment. Before players were paid, they had to find their own way...and we bring you a question about the Heisman Trophy in honor of football season kicking off. And, to keep the "trading time for money" trend going...today's anonymous caller traded time for money which included a pension! She wonders if she should take a lump sum or the money monthly...and of course, we have thoughts to help her. I think we have a theme! Trading time for money may not be the best path toward your goals, and today we hope you begin thinking how to exit that approach to life. Thanks for hanging out with us! FULL SHOW NOTES: https://www.stackingbenjamins.com/coach-carson-1408 Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.stackingbenjamins.com/201 Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Cash Flow King describes his thoughts and opinions after reading Chad Carson's newest book: The Small and Mighty Real Estate Investor.Support the showQuestions, Comments, or Show Ideas?Email the show: RealTalkPersonalFinance@gmail.comBECOME A PREMIUM SUBSCRIBER TODAY!Get some RTPF merch! Use Promo Code RTPF10 for 10% off!Interested in starting your own podcast? Get a $20 Amazon giftcard with this link! Here's the USB microphone I use for the show Here's the Pop Filter I use on my microphone for the show Here's the Headset I use for the show

About Chad Carson Chad Carson (aka Coach Carson) is an author, investor, podcaster, and life-long learner who used real estate investing to reach financial independence in his 30s. His current passion is teaching other investors how to build a small and mighty rental property business so they can get out of the financial grind and do more of what matters. Based in Clemson, South Carolina, Chad and his family have also lived abroad in other countries, including 17 months in Cuenca, Ecuador and 12 months in Granada, Spain. When not writing about himself in 3rd person, vying for the silliest dad award, or playing pick-up basketball, Chad enjoys volunteering with a local non-profit he co-founded to create a network of walking and bike paths in his hometown. Website: coachcarson.com Support Our Sponsors Try OneSkin and get 15% off with the code MONEYNERDS at https://www.oneskin.co/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

In this episode, I speak to Chad Carson about his new book, The Small And Mighty Real Estate Investor. Chad played linebacker for Clemson University and decided to dive deep into real estate as a career. To buy the book, click here (BiggerPockets) or above and use the discount count SAMURAI to save 10%. It's an incredibly thorough book if you ever wanted to start building your real estate empire.  You can also buy the book on Amazon if you missed the initial promotion on Biggerpockets in the link above. Keep In Touch With Financial Samurai Join 60,000+ others and subscribe to my free weekly newsletter. This way you always stay on top of the most important events in the stock market, real estate market, and everything personal finance.  To invest in real estate more strategically and passively, check out Fundrise. Fundrise manages over $5 billion, mostly in residential and industrial real estate in the Sunbelt. The spreading out of America is going to be a multi-decade trend. 

On today's episode of the Financial Independence Podcast, I welcome back Chad Carson from CoachCarson.com! Chad just released a new book, The Small and Mighty Real Estate Investor, and I wanted to get him back on the show to talk about it. I'm not a real-estate investor myself though. So rather than interview him myself, my real-estate-investor friend, Jillian Johnsrud, did the interview for me! You may know Jillian from Montana Money Adventures, or her new podcast – Retire Often. She did a fantastic job, so I hope you enjoy their conversation as much as I did!

Follow Shawn and Mike on Instagram! Shawn: @shawn_dimartile   Mike: @investormikedotcom Learn more about Mike and Shawn Shawn: www.investorshawn.com Mike: www.investormike.com   Join us in this insightful podcast episode as we sit down with Chad Carson, also known as Coach Carson, to dive deep into the world of real estate investing. Chad takes us through his inspiring journey, starting from his college days and leading to his impressive status as a seasoned investor. With a strong focus on setting clear goals, establishing investment criteria, and crafting a well-defined strategy, Chad's insights are a goldmine for both newcomers and experienced investors alike. We explore the power of starting small and the advantages of concentrating on key factors like financing and property quality. Chad introduces us to the concept of 'house hacking,' a strategy where living in a property while renting out additional units can significantly offset living expenses. He walks us through his transition from single-family homes to small multifamily properties, offering valuable lessons learned along the way. In a pivotal moment from 2016, Chad shares how he leveraged growth potential by investing in a 28-unit property due to favorable zoning regulations. The conversation revolves around the pursuit of both financial and personal freedom, emphasizing the importance of time and flexibility in addition to monetary gains. Discover the intriguing concept of the 'small and mighty' real estate investor, as Chad sheds light on the power of efficiency and adaptability over sheer property size. We also delve into negotiation skills and the art of successful property acquisition, with Chad recounting an eye-opening negotiation experience. Chad Carson's recently published book, 'The Small and Mighty Real Estate Investor,' is discussed, offering a fresh perspective on building a portfolio with fewer units while maintaining financial stability and enjoying time freedom. Tune in to this engaging podcast episode for a comprehensive journey through real estate investing, peppered with practical advice, personal experiences, and valuable takeaways that can transform your own investment endeavors.   Please help us out and be sure to subscribe to the show and leave us a review on Apple iTunes.  Want to connect or be a guest on our show? Visit https://takeoffcapital.co/podcasts/ and click the “Be a Guest Button Interested in investing with us? Visit www.takeoffcapital.co and click “Invest with Us”

We're stoked to be talking with our friend Chad Carson, aka Coach Carson, which is also where you can find him online: CoachCarson.com. We've known Chad for years now but just because this feels like a more casual conversation to us, that doesn't mean that he's not going to bring the heat! We tout the benefits of small-time real estate investing, but Chad has made it his mission, and it's the focus of his new book: Small and Mighty Real Estate Investor. During our conversation today Chad describes his experience of living abroad for a year with his family and how investing in real estate made that possible, house hacking as a gateway drug to investing in real estate, the difference between building wealth and achieving freedom, the risk you run by discounting the ‘romance' of a property, ways to get around the high cost of mortgage lending, why it makes sense to pay off a mortgage early, and much more!   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear' is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It's fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Zeros to Heaven West Coast IPA by Casa Agria! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you're not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.

Ready to break free from financial constraints and build wealth without compromising what truly matters to you?   In this episode, Chad Carson - author of the newly released book The Small and Mighty Real Estate Investor - discusses his journey into real estate investing. He explores the concepts of financial independence, passive income vs. recurring income, risk management, house hacking, and much more. You'll learn how to evaluate your lifestyle needs, understand personal finances, and assess your risk tolerance before venturing into real estate investing. Discover valuable advice to determine if you're ready to take the leap into an entrepreneurial journey.   Through his story of success in real estate investing, Chad Carson shares his tips on how to achieve financial freedom while still living a rich life filled with what matters most!     In this episode, you will learn about:   • How to Get into Real Estate if You're Starting from Zero • How to Create More Wealth that Adds More Life to Your Life • From Recurring Income to Financial Independence • Understanding the Basics of House Hacking • Strategies for Achieving Optimal Health, Wealth, and Life Balance • The Significance of Minimum Viable Workouts, Payments & Investments • And much more!     Key Quotes:   “You gotta do something out of the ordinary in order to build wealth and get to financial independence.” - Chad Carson   “Find investments that can eventually be passive enough for you to do whatever you want to do.” - Chad Carson   “I want to have a schedule that's not full, and that goes as slowly as possible. That, to me, is the ultimate luxury of 2023.” - Chad Carson   “The true richness of life is often found when we actually slow down and become present to what we're doing in that particular moment and where we're at in our life.” - Justin David Carl     Resources Mentioned:   • Small and Mighty Real Estate Investor • Real Estate Investing with Coach Carson.     WANT TO LEARN MORE?   Would you like short, actionable tips, tools & strategies that will take your Fitness, Money & Life to the next level? Then join thousands of readers & get the Fit Rich Life Newsletter! Delivered weekly. It's free. No Spam. Just empowering AF.   Are you ready to get in the best shape of your life, master your money, and start living your Best Life now? I'm incredibly passionate about fitness, money & life and have reached a strong degree of mastery in these domains and built an incredible coaching program to help you. Sign up for a Free Fit Rich Life Coaching Consultation, or DM me on Instagram with the words "COACHING" to discover if it'd be a good fit for you!   Follow my Instagram, LinkedIn, Facebook, Youtube, & Twitter Show Notes: www.fitrichlife.com/podcast    Sponsors:   For something unlike you've ever had before and to get into an almost euphoric state of Focused Flow & Productivity, try Feel Free by Botanic Tonics! Go to www.botanictonics.com and use code DRAGON to save $40 off your first order!   If you desire to lead a happy, healthy, fit life, go to www.vedgenutrition.com/dragon, and grab all of your key supplements. Use the code DRAGON and get 15% off!   I often get asked what my favorite Vegan Protein Bars are for when I'm on the go, and without a doubt, they are the No Cow Protein Bars which have THE BEST MACROS out there -- High Protein with great amount of Fiber to keep you feeling full & Low-Fat (most protein bars & actually Fat Bars in disguise). The newly released "Dipped" Now Cow Protein Bars taste so good! Use code DRAGON to save 15% on all of your orders.   My favorite regenerative clothing brand is One Golden Thread. Life-giving apparel that is stylish AF, comfortable enough to sleep in & versatile enough to work out in, attend a business meeting, or take someone out on a date. It's truly sustainable & actually regenerative as they plant a tree for every purchase. Use code DRAGON11 to save 11% & support this show.   Thanks for tuning in!     If you liked my show, LEAVE A 5-STAR REVIEW, like, share, and subscribe!

You don't need to have thousands of properties in order to be financially independent. In fact, my guest and I believe that it is much better to be a small and mighty real estate investor with a strong business that makes us money to live the dream life that we design. Chad Carson is here to show us how we can be a successful real estate investor and stay small and mighty.   Get Chad Carsons' Book Small and Mighty Investor here: https://masterpassiveincome.com/smallandmighty 10% OFF with the promo code: Dustin Chad's YouTube channel: https://www.youtube.com/channel/UCMB4AigBkfj-TFKLDsXcOTg Chad's Podcast: https://www.coachcarson.com/coach-carson-podcast/ Past MPI Podcast with Chad is Episode 208 Check out more about Chad Carson here: https://www.coachcarson.com/ Get your free real estate investing course: http://www.masterpassiveincome.com/freecourse  Get 10% OFF the Real Estate Wealth Builders Conference pass with promo code: PODCAST https://rewbcon.com Real Estate Group Coaching Membership: https://masterpassiveincome.com/wealthbuilders //BEST REAL ESTATE INVESTING RESOURCE LINKS 1 Minute Green Light Deal Analyzer: http://www.greenlightdealanalyzer.com Set Up Your LLC for only $29! https://masterpassiveincome.com/formanllc Get Business Funding https://masterpassiveincome.com/fundandgrow Great High Interest Savings Account: https://masterpassiveincome.com/cit Investor Money Management with Stessa: https://masterpassiveincome.com/stessayt // WHAT TO WATCH NEXT How to Use Owner Financing to Make Loads of Money https://youtu.be/qAOpCOWvj6Q How to Analyze a Real Estate Investing Deal in 5 Seconds https://youtu.be/SqA1HcAW4EI How to Set Up Your LLC for Your Business https://youtu.be/B9RzLkAZI9s Everything You Need to Know about Real Estate Comps https://youtu.be/wMZ_We-wlrg Learn more about Dustin and find resources to build an automatic real estate investing business: https://masterpassiveincome.com/ NOTE: This description may contains affiliate links to products we enjoy using ourselves. Should you choose to use these links, this channel may earn affiliate commissions at no additional cost to you. We appreciate your support!

Robert Leonard brings back his good friend Chad Carson to discuss his new book The Small & Mighty Real Estate Investor, including the differences between building a small portfolio and a large portfolio, how to deal with debt in partnerships, people not paying rent, the psychology of being a workaholic, the 7 rules of a small and mighty real estate investor, and much, much more!IN THIS EPISODE, YOU'LL LEARN:00:00 - Intro12:05 - What it means to be a small & mighty real estate investor.12:05 - 7 rules of a small & mighty real estate investor.34:18 - How to deal with being a workaholic.43:11 - How to think about debt.46:41 - How to deal with tenants not paying rent.47:13 - Why you might not want to build a big real estate portfolio.And much, much more!*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.BOOKS AND RESOURCESChad Carson's book The Small & Mighty Real Estate Investor.Chad Carson's book Retire Early with Real Estate.Related episode: Listen to REI056: Warren Buffett Style Real Estate Investing, or watch the video.Related episode: Listen to REI001: How to Get Started in Real Estate, or watch the video.NEW TO THE SHOW?Check out our Millennial Investing Starter Packs.Browse through all our episodes (complete with transcripts) here.Try Robert's favorite tool for picking stock winners and managing our portfolios: TIP Finance.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts.P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSGet a FREE audiobook from Audible.RentSavvy is the first and only nationwide service for filling your rental property with a quality tenant for one flat fee. Register your rental property for free at RentSavvy.co now, to take advantage of this tenant placement service for your next vacancy.Have the visibility and control you need to make better decisions faster with NetSuite's cloud financial system. Plus, take advantage of their unprecedented financing offer today - defer payments of a full NetSuite implementation. That's no payment and no interest for six months!Make investing in Short Term Rentals aka Air-BNBs simple, passive, and profitable with Techvestor. Listeners of Millennial Investing get better terms by just mentioning "Millennial Investing!" Sign up and book your call with their Investor Relations Team to get started today.Your home might be worth more than you think. Earn extra money today with Airbnb.Support our free podcast by supporting our sponsors.Connect with Robert: Twitter | WebsiteConnect with Chad: Website | TwitterSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Financial freedom with only a handful of rental properties!? So many real estate investors are convinced that amassing units is the key to bigger profits, but the truth is that a strategy involving fewer doors can be just as—if not more—effective. Today's guest is an advocate for the “small and mighty” real estate portfolio that allows you to create passive income, pursue your passions, and achieve financial independence on your terms! Welcome back to another episode of the Real Estate Rookie podcast! Today, we're sitting down with Chad “Coach” Carson to discuss his latest book, The Small and Mighty Real Estate Investor. Enjoying the flexibility that many rookie investors dream of, Chad and his family live abroad while his property managers handle the day-to-day operations of his rentals stateside—allowing him to spend very little time on his business each week. If you want to achieve financial freedom without becoming enslaved to your real estate business, this is an episode you won't want to miss! Chad speaks on creating passive income through real estate, how to enjoy a two-hour workweek, and why accumulating more units shouldn't be your end goal. He also talks about the three phases in every real estate journey and why the final phase is the key to unlocking your financial independence! Remember to pick up Chad's new book and use code “SMALL306” at checkout!  In This Episode We Cover How to build a small real estate portfolio that supports your financial goals The three important phases in every real estate journey Lean FI, fat FI, and why you should know both numbers before investing The people and systems you NEED to create passive income from your rentals Arriving at “enough” when scaling your real estate empire And So Much More! Links from the Show Find an Agent Find a Lender Ashley's BiggerPockets Profile Ashley's Instagram Tony's BiggerPockets Profile Tony's Instagram Real Estate Rookie Facebook Group Join BiggerPockets for FREE Submit Your Real Estate Rookie Question! Become a (Small) Multifamily Millionaire in 7 Steps w/ Brian Murray and Brandon Turner Books Mentioned in the Show Retire Early with Real Estate by Chad Carson Get Your Copy of “The Small and Mighty Real Estate Investor” and Use Code "SMALL306" for 10% Off Connect with Chad: Chad's BiggerPockets Profile Coach Carson Podcast Chad's Instagram Chad's YouTube  Check the full show notes here: https://www.biggerpockets.com/blog/rookie-306 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email: advertise@biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Join us for an insightful interview with Chad Carson, widely recognized as "Coach," as we dive into his latest book, "Small and Mighty Real Estate Investor." Discover why being targeted and smart in your real estate investing approach is far more valuable than simply owning a vast number of properties. Coach shares his expert insights and practical advice on how to maximize returns, minimize risks, and achieve long-term success in the real estate market. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode: designing your life, real estate investing, pain points, working backward, and finding your sweet spot. This week we are rejoined by friend of the podcast Chad Carson to discuss his new book "The Small and Mighty Real Estate Investor: How to Reach Financial Freedom with Fewer Rental Properties," as well as cover some strategies he's picked up during his real estate investing journey. While investing in real estate can be a full time job, for many listeners it can also be seen as a way to generate additional income. Although getting started can seem a little daunting, Chad offers excellent insights on how to confidently begin real estate investing and stay motivated towards having your investments align with your personal goals and desired life! Chad Carson: Get 10% off Chad's book coming out on July 20th, "The Small and Mighty Real Estate Investor: How to Reach Financial Freedom with Fewer Rental Properties," with the promo-code "choosefi" Timestamps: 1:02 - Introduction 4:34 - Designing Your Life 14:36 - Walkability and Location 23:39 - Buying Around Pain Points 28:08 - Working Backwards for Solutions 34:55 - Transition From Buying to Paying Off 43:52 - Working In Your Sweet Spot 52:02 - What You Can't Outsource 57:10 - Conclusion Resources Mentioned In Today's Episode: "The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich" By Timothy Ferriss Strong Towns Of Dollars and Data "Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence" by Vicki Robin, Joe Dominguez, and Mr. Money Moustache Subscribe to The FI Weekly! More Helpful Links and Resources: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Keep learning or start a new side hustle with one of our educational courses Commission-Free Investing with M1 Finance  

Welcome to another exciting episode of the Finance Cowboy Show! Today we have a very special guest joining us: Chad Carson, a renowned real estate investor and entrepreneur. In this episode,  We explore the power of choosing what you want in life, and how that mindset translates into the world of real estate. Chad shares his insights on the mindset shifts that occur when you take the leap and purchase a property, highlighting the importance of forward-thinking and long-term planning. We discuss the crucial aspect of factoring in growth when making investment decisions, and Chad reveals some of his most effective strategies for achieving success in the real estate market.As mentioned in the show:-Be sure to follow Chad on Instagram: @coachchadcarson-Order Chad's Book, "Small and Mighty Real Estate Investor" HERETo check out all the AWESOME things Backflip Capital has to offer click this link!  https://backflip.mobi/FinanceCowboyPod"I love Jaren and the Finance Cowboy Show" If that sounds like you, please consider rating & reviewing my show!! This helps me support more people and help others change their life through real estate. Go to the homepage of the Podcast, scroll to the bottom, tap to rate with five stars, and select "Write a Review." Then be sure to let me know what you loved most about the episode! Jaren

https://www.biggerpockets.com/blog/2015-07-06-ultimate-guide-systems-outsourcing-real-estate Learn more about your ad choices. Visit megaphone.fm/adchoices

https://www.biggerpockets.com/blog/2015-07-06-ultimate-guide-systems-outsourcing-real-estate Learn more about your ad choices. Visit megaphone.fm/adchoices

Chad Carson is currently spending a year in Spain with his family of four while he manages his rental properties and team remotely. Sound cool? It is! Learn how he does it today!https://www.coachcarson.com/Listening To A Podcast Won't Help You Hit "Financial Freedom".If you want the community, support, accountability, mentorship, and step by step playbook for your freedom in 12 months or less, apply below!Join Us: Apply For The Action Academy CommunityFor Frameworks, Freedom Tips, and Millionaire Financial Breakdowns:Join Our Weekly NewsletterTo Watch These Interviews In Video Format:Subscribe To Our Youtube Channel Twitter @theactionpodIG @brianluebbenTiktok @brianluebben

In this episode we interview the one and only Chad Carson! Chad is the author of the book Retire Early With Real Estate published by Bigger Pockets. We talk to Chad all about the power of real estate and how you can build a small but mighty portfolio to live off of.  Chad has been able to become financially independent at a pretty young age and pursue his dream of traveling the world with his family. We also talk about the power of being in the drivers seat when it comes to your finances and being able to keep the first things in life FIRST. Enjoy this conversation with Chad!Roll over your old 401k with capitalizeDrop your questions hereApply to be on the podcast hereFollow us on InstagramFollow us on TwitterVisit Leftcoastfinance.com 

Amber alert suspect, and daughter killed in shootout / Chad Carson eye of Hurricane Ian in FLA. // Chad Carson - Hurricane Ian staying in his home in Tampa // Amber alert suspect shootout / father & daughter killed / Traffic affected on Highway 15 // Amber Alert shooting

#403: September Sabbatical continued! If you've been listening to the show for the past few years, then you know that we've entered our September Sabbatical, where the team takes a break from podcast production and airs a few of our favorites from the 400+ episodes we've aired to date. F.I.R.E. holds four pillars: Financial psychology, Investing, Real estate, and Entrepreneurship. This September, we're running four weeks of episodes focusing on each of these four pillars. Today's episode is focused on real estate. —------------------------------------------------------------------------------------- Chad Carson's friends called him a “nerdjock.” When former college football linebacker Chad Carson graduated from Clemson University, he decided to start a business. But he didn't have any money. He was a 235-pound athlete who attended college on a football scholarship. He graduated debt-free with $1,000 in savings from various odd jobs. He wanted to become an entrepreneur, and he knew he was starting from zero. As Chad viewed it, starting from zero meant he had nothing to lose. He started jogging around local neighborhoods near the university. Whenever he noticed a property in disrepair, he'd ask if it was for sale. If he noticed a ‘For Sale by Owner' sign in the yard, for example, he'd dial the number. If he noticed a home with an overgrown lawn and no curtains in the windows, he'd leave a note on the door, or he'd knock on the neighbor's doors to get the owner's phone number. By doing this, Chad started a real estate wholesaling business. He'd find off-market properties, enter into a sales contract with the owner, and then ‘flip' the contract to an investor. He earned around $5,000 for each deal. The benefit to a wholesaling business, Chad discovered, is that he could get a foothold inside the real estate industry without much access to capital. He was a recent college graduate without any official employment, so most banks weren't interested in offering him loans. Wholesaling gave him a start in the industry. But after awhile, he wanted to chase bigger deals. He and a business partner decided to start flipping houses themselves. They earned profits of around $20,000 to $30,000 for each deal. While this was great, Chad wanted to transition into something that would provide a steady, stable income stream. He was running an active business; he wasn't accumulating a portfolio of passive investments. He and his business partner stopped flipping homes and began accumulating buy-and-hold rental properties. Today they have 90 units between the two of them. A few years ago, Chad realized that the passive income from his investments made him financially independent. He and his wife decided to enjoy their newfound freedom by moving to Ecuador with their two children, ages 3 and 5. They spent 17 months living in Ecuador, learning Spanish and enjoying a slower pace of life. They recently returned to the U.S. and are considering moving to either Spain or Germany — or maybe Colorado? — for their next adventure. In today's episode, Chad and I discuss real estate, financial independence, and international travel with children. Enjoy! Learn more about your ad choices. Visit megaphone.fm/adchoices

If you had 2 years to earn $1 million, what would you do? In this episode Chad Carson from the Real Estate and Financial Independence Podcast breaks down his strategy. (And I share mine at the end.) Links and Resources: CoachCarson.com 222: 5 Ways to Get Started in Real Estate Investing on the Cheap 460: Side Hustle Showdown: Investing in Real Estate vs. Buying a Small Business

Several years ago, Chad Carson and his family moved to Ecuador without making any plans beyond a three-day Airbnb rental. They ended up living there for 17 months. Now they are preparing for a move to Spain for a year. Carson played football at Clemson from 1998 to 2001 but has carved out life and leadership that is totally separate from the sport that defined him in college and high school. Carson's success in the real-estate business has allowed him, his wife and two children the flexibility to explore the world. It's also granted him the time to pursue his passion of making Clemson's transportation infrastructure inclusive of more than just automobiles. Carson joins the podcast to talk about his life in football and after football, and he offers his reflections on the rapid changes in college athletics. "I'm not saying that getting a scholarship and an education is not valuable -- it really is. But I think college football has always been a pro sport. We were treated like pro athletes all along. It's a business, and you get pushed hard by coaches who are saying 'sink or swim' because their jobs are on the line, and they're facing the pressure of getting paid millions of dollars. It's a pro sport that happens to be on a college campus. In my mind there has always, always been a disjunction there -- coaches making millions of bucks, players making nothing. It didn't sit right with me, particularly knowing that a few of those really big-time players were generating a lot of that revenue. It never seemed equitable to me."

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IN THIS EPISODE, YOU'LL LEARN: 07:39 - How to get started with real estate investing.07:39 - What house hacking is and how it works.07:39 - Why real estate investing is a great strategy for financial freedom.11:39 - What FIRE is and the different types and approaches that exist.16:29 - How to transition from house hacking to traditional rental properties.55:31 - How to analyze real estate deals and benchmarks to use.And much, much more!*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.EPISODE RESOURCESGet more content from Robert.Learn about our Investing Starter Packs on real estate.Robert Leonard's book The Everything Guide to House Hacking.Chad Carson's book Retire Early with Real Estate.RV Rentals Weekly Juice Pod episode w/ Robert Leonard.Gary Keller's book The Millionaire Real Estate Investor.Entrepreneurship Weekly Juice Pod episode w/ Robert Leonard.All of Robert's favorite books.Support our free podcast by supporting our sponsors.Connect with Robert (@therobertleonard): Website | Instagram | TwitterConnect with Cory & Ryan: Instagram See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.