Episode 163
Is Real Estate the Best Path to Financial Independence? | E163 Chad Carson
Is Real Estate the Best Path to Financial Independence?
As a die-hard index fund investor, I used to have a clear answer. But after researching Chad Carson’s “small but mighty” real estate philosophy, I’m starting to see the potential.
While I still prefer the hands-off nature of index funds, especially as I focus on growing my income - I can see real estate playing a role in my future. It offers steady cash flow, diversification, and even scratches my entrepreneurial itch.
When that time comes, I’ll be turning to Chad Carson’s content. With two decades of real estate investing experience, Chad knows how to find, analyze, and buy solid investment properties.
In this episode, Chad breaks down the fundamentals of real estate investing, including how to find quality deals in a high-priced market, red flags to watch for, and key financial metrics to evaluate before buying.
I learned a ton from this conversation, and I’m already looking forward to a part two.
Key Takeaways:
- How real estate fits into Chad’s investment portfolio
- Pros and cons of real estate investing
- Finding quality deals in a high-priced market
- Defining your "buy box" to focus your search
- Red flags to watch for in properties
- Key financial metrics to evaluate before buying
- The “small and mighty” real estate philosophy
- Aligning real estate with your life goals
Mentions:
Create Your Buy Box: https://www.youtube.com/watch?v=_ORTQ_2S-mE
DealMachine: https://www.dealmachine.com/
More of Coach Chad Carson:
Real Estate Investing with Coach Carson: https://www.coachcarson.com/coach-carson-podcast/
More of The Struggle is Real:
Find show notes and more at https://www.tsirpodcast.com/
Connect with Justin on LinkedIn: https://www.linkedin.com/in/justinleepeters/