How a Couple Bought 11 Rental Units in 5 Years (Starting $100k in Debt)

  Рет қаралды 11,723

Coach Carson

Coach Carson

Күн бұрын

Пікірлер: 27
@StevenHill-l6g
@StevenHill-l6g Жыл бұрын
This was very clear very concise and inspirational. Very good example of down to earth people.
@chriswebb4797
@chriswebb4797 Жыл бұрын
Great interview, thanks all!
@alioschemarinosanchez7211
@alioschemarinosanchez7211 Жыл бұрын
Amazing interview! Always inspiring! Thank you, Coach,
@JavierMendez-kl1op
@JavierMendez-kl1op Жыл бұрын
Hi Coach , hope all is well with you and family. Great program as always
@karimkarachiwalla7073
@karimkarachiwalla7073 2 ай бұрын
Amazing interview!!
@nguyenhqtuan
@nguyenhqtuan Жыл бұрын
Hi Coach, where could I go to find "Market value comparable sales" in certain area?
@whatta7793
@whatta7793 Жыл бұрын
Bro is geekin out on some sort of stimulant lol, if you know you know, grats on all of the success you two
@leeroach3381
@leeroach3381 Жыл бұрын
Very helpful Thank you for sharing
@EvangelinaNaval
@EvangelinaNaval 8 ай бұрын
I am very interested to start being an investor, kindly help me to find a private lending. Thanks Eva
@StevenHill-l6g
@StevenHill-l6g Жыл бұрын
What happens if you seller finance and then after several years the seller decides they dont want to sell and prefer to keep it? Can they take it back?
@CoachChadCarson
@CoachChadCarson Жыл бұрын
No. You (the buyer) have a deed. You own it. Seller couldn't take it back unless you broke the seller financing contract, like not paying your payment. But even then you could sell it or refinance.
@kfx216
@kfx216 Жыл бұрын
Very impressive couple, and great interview. Thanks for finding them, Coach!
@jameswelsh364
@jameswelsh364 Жыл бұрын
Incredible episode. Thank you! I am having a problem with letting my friends and family know that I am looking to buy rental properties. I have a goal to post something on facebook but I am a private person and that terrifies me. Any advice?
@sergct47
@sergct47 Жыл бұрын
I would probably keep it private I’m looking to purchase my first investment property by the end of this year but my plan is to keep it private and I probably wouldn’t tell anyone until I’m at least on my third or fourth that’s just me I’m very private as well and wouldn’t want any bad energy to throw me off.
@dncprops427
@dncprops427 Жыл бұрын
@@sergct47 how does keeping it private stop "any bad energy"? Many times, I feel, putting it out there helps because your friends and family can keep you motivated and be encouraging.
@sergct47
@sergct47 Жыл бұрын
@@dncprops427 whatever works for you good luck on your journey.
@InvestingwithBishop
@InvestingwithBishop 29 күн бұрын
Seller financing is not all what people make it out to be just saying. Congratulations on their success though! Also, “off market” properties are not all what they are jacked up to be most of the time.
@CoachChadCarson
@CoachChadCarson 29 күн бұрын
I've had some of my best deals off-market, with seller financing. Definitely not my ONLY deals - but they're something to pursue in my experience. Have you had a different experience with them?
@InvestingwithBishop
@InvestingwithBishop 29 күн бұрын
Seller financing is not all what people make it out to be just saying. Congratulations on their success though.
@Lovepinkdress
@Lovepinkdress Жыл бұрын
Where are these people in NY??? Unless I misheard. It’s crazy prices here up to 2 hr from manhattan. Multiple offers, 100k over asking :(
@CoachChadCarson
@CoachChadCarson Жыл бұрын
Upstate NY.
@dncprops427
@dncprops427 Жыл бұрын
What if I'm a "baby boomer", but I'm still looking to buy more properties instead of sell? 😁
@annwaters9484
@annwaters9484 Жыл бұрын
Tell about how the tenants smashed holes in the walls,didn't pay rent, ripped the copper out of the house, and trashed the houses. Being a landlord is Such a joy.
@CoachChadCarson
@CoachChadCarson Жыл бұрын
I can't tell that story because it hasn't happened to me, although I've had a few rough stories of miy own. I'm sorry to hear if that happened to you. In my own case, screening tenants more diligently has avoided those problems for the last 15 years or so. Having great tenants really has been a joy for me.
@sethadams440
@sethadams440 Жыл бұрын
I’ve been a landlord for 8 years and have 5 houses now. I’ve never experienced damages like you’ve sited but a friend has lost all his kitchen cabinets to a sledgehammer and an angry tenant. I would say have the right burglary rider with your landlord policy to prevent major losses.
@dncprops427
@dncprops427 Жыл бұрын
With enough units, statistically, you will get a bad tenant, I feel, no matter how rigorous your screening is. Having reserves is the key to riding out all the storms of real estate investing. 9 months after I bought a brand new condo, my tenant was arrested for drugs, she stopped paying, broke the front door, etc. Sad to see all the damage to a brand new condo, but all my other doors, no pun intended, were OK.
@talus007
@talus007 28 күн бұрын
Anything stolen from one of my properties will be seen on a ring cam and cheerfully shared with local authorities
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