Episode Details
Back to Episodes
How to Make More Passive Income with Fewer Rentals (& ACTUALLY Retire Early) w/Chad Carson
Description
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
Let Us Know What You Thought of the Show!
Ask Your Question on the BiggerPockets Forums
Love PodBriefly?
If you like Podbriefly.com, please consider donating to support the ongoing development.
Support Us