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#304 - How a Couple Retired to Portugal Using Rental Properties in the US
Description
Episode #304 – Karen and Bob are students of mine who are closer to the traditional retirement age. They demonstrate how it's never too late to get started in real estate investing, found a niche to be successful in, and now live a fulfilling life in Portugal!
🔗 Show Notes:
https://www.coachcarson.com/retired-to-portugal/
🔗 Chad's New Book:
https://biggerpockets.com/smallandmighty
🎬 Timestamps:
0:00 - Intro
3:52 - Why Portugal?
5:44 - Leaving corporate careers
13:05 - Investment philosophy
17:59 - Diversifying with real estate
21:46 - Strategy for flipping houses
25:36 - Tips for working with contractors
27:30 - Getting started with rental properties
32:05 - Flipping houses vs rentals
38:07 - Benefits of manufactured homes
43:20 - Using rentals to move abroad
48:16 - No debt properties
52:19 - What they would have done differently
55:17 - Tax considerations for retired lifestyle
59:54 - Starting with real estate later in life
1:02:33 - Time spent on rentals
1:05:44 - Summary and closing
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