Thank you for your honesty😊

My strategy was to get break even cash flow (tax advantages and appreciation) and my criterion was "Would I like to live here?" because long term I would retire and move in to them one at a time, fix them up if needed and sell them as owner occupied to exempt the equity gains from taxes. I came to that after I realized poorer quality places brought in less money and more trouble to maintain and more problematic tenants. So after my learning experience I went for places about twice as expensive; had vacancies about half as often and made more money with less hassle. Today I live in the last property and love it here.

Beautiful, thank you.

We are on our 2nd rental, we pay them entirely off before we proceed, (5years total, 2 more years to go). Thing is we're gonna be 60 by then and I wonder how much more effort we are willing to put in to become semi- rich vs. enjoying life with a bit less $$.. we're in Canada so all is 5year financing, so we're simply done before re- financing.

He has some really good tip that I have found over the last 18 years I have had rental properties. Especially the flooring tip👍

Boring works over time. The issue is most people are impatient and that’s what gets people into trouble. If you want to be rich overnight buy a lottery ticket. If you want to be wealthy be boring and stay the course 👍

Bravo to Karen and Bob! They are such an inspiration to just get started. I've visited and contemplated living in Portugal - such an amazing place! I am curious with the process of doing such a thing while maintaining properties in the US. Great content as always and thank you, Coach!

I am the person who line items everything - yes, who parses out the Costco receipt into categorical spending... but I'd like to devote more energy into starting a business, and move to a streamlined give/save/spend planning approach. This was a timely episode - thanks to both of you!

Im targeting both, single family zoning but my build design is the key, one of a kind, super critical ❤😅

Hello, Ruth from Washington state.

Morning to you coach Carson, my name is Ruth, love your videos

Thanks for sharing your knowledge!

I would love to say positive things about this amazing channel and the guests, but I believe there are some critical mistakes made in the arguments against boring rental properties in this video. First off, in Maui they’re not taking away the ability to short term rent all properties as mentioned by the guest, but rather those that are in the residential zone. What do you think would happen if you own a STR in the hotel/ vacation zone (which is where you are supposed to be buying if your goal is to invest in STRs) when a third of your competitors are gone and no new supply will come? Let’s compare cash flow and appreciation to them in 10 years! Secondly comparing leverage in stock market, don’t compare with the dumb margin account model. Talk about leveraged ETFs. For instance SPXL goes up 3x the S&P. So if SPX goes up 8% your leveraged ETF would go up 24%. AND btw, this leverage is interest free and is constant i.e. doesn’t go down with amortization. I believe if you really wanted the highest return as possible with the lowest risk portfolio you should own all 3 types of assets.

And who's managing all these properties?

What's a house hack? Discussing all kinds of things I don't know what you're talking about.

What's a burr?

Fantastic show ❤

Thanks. Like the solar system metaphor.

Yes, please have an in person meetup! Would love to see something setup on the East Coast.

Oh no, I'm so sorry this format didn't work. Would love to see more live videos! Appreciate your advice!

Appreciate your sharing gems from your experience. Yes, I like the live stream format from you.

Thank you so much for this wonderful video and thank you for answering my question

START NOW!!.... Don't wait until you are older or married.. Just Do It now.. the earlier the better.. and learn the skills to take care of your own properties... you will pay them off faster if you can save the money you spend on repairs and remodel

People could use buying those homes that she is hoarding. I have no sympathy or tolerance for investment owners. Unless she has apartment complexes... that's different.

But what's a good GRM number? What's a good cap rate? What's a good NIAF? What's a good cash on cash return? "That's up to you.." isnt a good answer its too vague. People leave these formulas but online all the time, but what are the ranges to be in to find out if a property is a good deal or not? Without knowing that then you're still shooting in the dark even with the calculations being completed. Can you explain what are good and bad values to each of these calculations?

Unfortunately, the market prices here in Serbia don't fit the One percent formula in any way, typical 50sqm apartments can go from 125,000$ up to 300,000$ and you can only get about 500-1000$ a month, which is not even 0,5% of the total purchase price. I'm thinking about taking a loan from the bank, but the mortgages are insane, it eats up to 90% of the gross rent, leaving you with no more than 50$ overall, which is a rather poor investment considering you need to cash out 10,000 - 60,000$ down payment. :/

There is a lot is Latinos or chicanos that in North Charleston that coach never follows up with💔👏🏿🇺🇦🇸🇪🇫🇮🇲🇽

The only problem I have with coach is that he refuses to invest in Moncks corner or North Charleston ? There is so many opportunities in real estate in both markets ? Coach never talk about Moncks corner? 💔🙏🇺🇦🇫🇮🇲🇽🇸🇪🇵🇱👏🏿😥

Yes! Passive investing should be very !! Boring 👍🇺🇦🇫🇮🇺🇸🇸🇪❤️🐐👏🏿🙌🏾🙏💔🔥💰

Coach and his wife love ❤️ the Latino community. His family with his daughters speak better Spanish (Español) than most chicanos..,🇫🇮👏🏿🇺🇦🇺🇸🇸🇪🇲🇽👍🐐

Coach es muy chingon 👏🏿🔥🇲🇽🇸🇪🇵🇱🇫🇮🙏🙌🏾🇺🇦🇺🇸💰

LOL! Then the bankers get the government to shutdown the economy and tenants not having to pay rent, then the banks will be able to foreclose and pocket that 40% down payment. Banks don't foreclose on owners who don't have equity (as that would make their books look worse), but certainly eager to foreclose on owners who have a lot of equity.

Putting 40 down, to break even on renting it out, so you are overpaying on the house by 40 percent, it doesn’t make sense unless you trying to keep prices up on homes, I could see put enough down to break even but if value drops your out of all your down payment, this sounds like horrible idea, it works but it’s your choice, I’ll buy boring treasury bills

I would give them moving money. I'm not worried about the bank calling the loan due. I can handle them!

She benefited from the ridiculous run in housing prices. Don’t think you can start now and be her.

I appreciate the return on equity exercise. He's right, I've always done return on cash, but return on equity paints a different picture. Thanks!