Small And Mighty Real Estate Investing With Chad Carson | Ep. 326 Money Talk With Tiff podcast

Welcome to another exciting episode of Money Talk with Tiff! Today, Tiffany Grant brings on a very special guest, Chad Carson, the acclaimed author of "The Small and Mighty Real Estate Investor." Chad and Tiffany dive deep into a fresh perspective on real estate investing, challenging the popular notion that bigger is always better.

Chad shares his unique philosophy on how starting small in real estate can lead to more flexibility, freedom, and a happier, balanced life. They discuss practical strategies like house hacking, the distinctions between short-term and long-term rentals, and tips for finding good tenants.

Chad also offers valuable insights on maintaining properties and dealing with common landlord challenges. Whether you're a seasoned investor or just starting, this episode is packed with actionable advice to help you succeed in the real estate market.

Be sure to listen in as we explore how to build a "small and mighty" real estate empire!

About Our Guest

Chad Carson (aka Coach Carson) is an author, investor, podcaster, and life-long learner who used real estate investing to reach financial independence in his 30s. His current passion is teaching other investors how to build a small and mighty rental property business so they can get out of the financial grind and do more of what matters.

Based in Clemson, South Carolina, Chad and his family have also lived abroad in other countries, including 17 months in Cuenca, Ecuador and 12 months in Granada, Spain. When not writing about himself in 3rd person, vying for the silliest dad award, or playing pick-up basketball, Chad enjoys volunteering with a local non-profit he co-founded to create a network of walking and bike paths in his hometown.

Connect with Chad

Get the book: The Small and Mighty Real Estate Investor (affiliate link)

Website: Coach Carson

Podcast: Real Estate Investing with Coach Carson

YouTube: Coach Carson on YouTube

Instagram: @coachcarson1

Facebook: Coach Carson on Facebook

Connect with Tiffany

Website: https://www.moneytalkwitht.com

Facebook: Money Talk With Tiff

Twitter: @moneytalkwitht

Instagram: @moneytalkwitht

LinkedIn: Tiffany Grant

YouTube: Money Talk With Tiff

Pinterest: @moneytalkwitht

TikTok: @moneytalkwitht

Timestamps

[00:00] Introduction to Chad Carson and his book "The Small and Mighty Real Estate Investor."

[03:15] The philosophy of being a small and mighty real estate investor.

[06:45] House hacking as a strategy to start real estate investing.

[11:30] Differences between short-term and long-term rentals.

[16:20] Transitioning your lived-in house to a rental property.

[20:10] The realities of being a landlord and managing tenants.

[25:00] Tips for finding good tenants and maintaining your property.

[30:45] Where to find more information about Chad Carson and his work.

Key Topics Covered

1. Small and Mighty Real Estate Investing:

Chad explains his approach to real estate investing that focuses on achieving personal goals and financial freedom without the need to scale massively.

The benefits of smaller, manageable investments that align with one's lifestyle and aspirations.

2. House Hacking:

Introduction to house hacking as a beginner-friendly strategy.

Examples of how to turn your primary residence into an investment property.

3. Rental Strategies:

Comparison between short-term rentals (like Airbnb) and long-term rentals.

Considerations for choosing the right rental strategy based on your lifestyle and investment goals.

4. Landlord Insights:

Common fears and misconceptions about being a landlord.

Practical tips for managing properties and tenants effectively.

5. Finding Good Tenants:

Strategies for attracting and screening reliable tenants.

The importance of maintaining your property to attract quality renters.

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