Chad Carson's Blog, page 38
June 18, 2020
Is It Too Late To Invest in Real Estate? (The 2-Minute Drill of Life)
A few years ago I was talking to a real estate coaching client who was extremely anxious about his finances. The details have been changed for his privacy, but let’s call him James. James was in his late 50s, and he felt like time was working against him. A series of life setbacks during the prior [Continue Reading]
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June 9, 2020
How to Use a Self-Directed IRA to Invest in Real Estate
This is a guest post from my friend Sean McKay of American IRA. Sean and his wife Heather invest in rental properties in Charlotte, NC, and he is also an expert on using a self-directed IRA or 401k to invest in real estate. I’ve used self-directed IRAs for almost 18 years both investing with my [Continue Reading]
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June 1, 2020
Old School Real Estate – 21 Timeless Lessons From Experienced Investors
Updated & republished in May 2020 I began investing in 2003. I’ve been through rising markets (2003 – 2006 & 2013 – 2017) and a falling market (2007 – 2012). And 2020 and beyond could be another changing market. But real estate history has much more to teach than the lessons I’ve learned in my [Continue Reading]
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May 17, 2020
How to Calculate Cash-On-Cash Return (With Detailed Examples)
One of the most important reasons to invest in rental properties is cash flow. And one of the simplest ways to measure cash flow is a formula called the cash-on-cash return (CoC for short). In this article, Ill explain what cash-on-cash return is, when to use it (and when not to!), and how cash-on-cash return [Continue Reading]
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May 3, 2020
Making it Big on Little Deals – Interview With John Schaub
John Schaub has been investing in real estate for 4 decades and through 7 recessions. He is also the author of a long-time favorite, best-seller book called Building Wealth One House at a Time. In this interview, I interview John Schaub to learn what he thinks about the current economic climate and what principles helped him to [Continue Reading]
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April 29, 2020
The Coach Carson Credo – 7 Principles to Flourish as an Entrepreneur
A credo is the philosophy or set of beliefs that guide your day-to-day actions. This article is a summary of the credo that guides my own entrepreneurial journey and informs the advice youll find here at coachcarson.com. Back in 2016, I made my first attempt to organize these ideas into a blog article. And this [Continue Reading]
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April 26, 2020
Investing in Rental Properties With No Debt – Interview With Rich Carey
Rich Carey owns 20+ rental properties without any mortgage debt. These rentals give Rich and his family $10,000 of regular, monthly cash flow plus peace of mind. The podcast interview below shares Richs story, how he got started, how he saved the money, and how he bought and managed properties in Alabama while living around [Continue Reading]
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April 15, 2020
How to Buy Good Real Estate Investments, Not Trophy Houses
Early in my career, Jack Miller was one of my favorite real estate investing teachers. He passed away in 2009, but I still reread a lot of his old books and newsletters, like the book Success Secrets (heres my book review). Jack taught a lot of classic lessons. But one that stuck with me, [Continue Reading]
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April 7, 2020
Building Wealth One House at a Time, by John Schaub
Tens of thousands of ordinary people have made millions of dollars investing in the most humble of real estate investments, the single family house. I am one of them, and I have a unique perspective because I have helped thousands of others make their first million buying houses. Rather than put their trust in a [Continue Reading]
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April 6, 2020
The Danger of Wishful Thinking During Challenging Times (aka the Stockdale Paradox)
In 1965 during the Vietnam War, pilot James Stockdales plane was shot down. After a brief 30-second descent by parachute, he was captured and held in a brutal prisoner of war camp for 7.5 years. During his imprisonment, Stockdales captors repeatedly tortured him. And in 4 of those 7.5 years, they kept him in solitary [Continue Reading]
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