#208: 14 Rental Properties With NO DEBT After Starting With a Waitress Salary
Real Estate Investing with Coach Carson
Chad Carson
4.9 • 613 Ratings
🗓️ 21 February 2022
⏱️ 69 minutes
🧾️ Download transcript
Summary
Episode #208 - Learn how Ashley Hamilton started her real estate journey as a waitress making $2/hour. She now has 24 properties, 14 of them owned debt-free! You'll learn the specific steps she took, where she got the money, how she learned to invest, and what obstacles she faced. You'll also learn about her home market, Detroit, which along with other lower-priced markets, unfairly gets overlooked by many investors.
Show notes: https://coachcarson.com/AshleyHamilton
Links:
________
🧰MY FAVORITE REAL ESTATE & MONEY TOOLS:
- American IRA - invest your retirement accounts into alternative investments like real estate, private loans, partnerships, and more https://www.coachcarson.com/americanIRA
- Avail - If you're a small landlord self-managing between 1 to 20 rental units, this is a fantastic (FREE) online rental management software to help you collect rent, market vacant units, screen tenants, and more - https://www.coachcarson.com/avail
- Deal Machine - software to help you buy more real estate deals https://www.coachcarson.com/dealmachine
__________
🎧SUBSCRIBE to the podcast for more episodes about how to achieve financial independence and do what matters using real estate investing! https://coachcarson.com/podcast
----------------
▶️WATCH my YouTube channel - Coach Carson TV - for tutorials, tips, strategies, and interviews https://www.youtube.com/user/CoachChadCarson?sub_confirmation=1
----------------
📋 GET MY FREE REAL ESTATE INVESTOR TOOLKIT https://coachcarson.com/reitoolkit
----------------
FOLLOW ME ON INSTAGRAM 📸 https://www.instagram.com/coachcarson1/
----------------
READ MY BOOK ON RETIRING EARLY 📚 https://www.coachcarson.com/retirementbook
----------------
👋👋 SAY HI ON SOCIAL https://www.facebook.com/coachchadcarson/ https://twitter.com/CoachChadCarson
Transcript
Click on a timestamp to play from that location
| 0:00.0 | So at 23 years old, working as a waitress at this point, I was making less than 20,000 a year. |
| 0:06.3 | And I was able to purchase my first home at 23 using my income tax return. |
| 0:11.2 | I think I could have took that money and lived more comfortable throughout the year or bought a better car and not have to go through breakdowns and stuff. |
| 0:18.6 | But I knew that, hey, the money's going to disappear anyway, and I needed to change my life. |
| 0:31.1 | Welcome to the real estate and financial independence podcast. |
| 0:34.1 | I'm your host, Chad Carson. |
| 0:35.6 | You can also call me coach, and this is a show all about |
| 0:37.9 | helping you get out of the financial grind so you can do more of what matters. Whether you're a brand |
| 0:42.5 | new listener or a long-time listener, thank you for being here to listen to another episode. |
| 0:47.4 | The title for today is 14 no-debt rental properties after starting with a waitress salary. |
| 0:56.8 | My interview today is with Ashley Hamilton. |
| 1:02.5 | She's from Detroit, Michigan, and her story is just inspiring. And I hope you see on this podcast, I want to bring you very practical stories and I want to bring you real stories of people |
| 1:07.5 | who are building their rental property portfolios that you can relate to, but also |
| 1:11.4 | be inspired by. And Ashley is definitely in that category. When she was just in her early 20s, |
| 1:16.7 | she was working a job as a waitress. She is a single mom, and she's providing for her family, |
| 1:21.9 | making about $20,000 per year, $2 per hour plus tips was how she was making it work. And she leveraged her tax refund |
| 1:30.0 | one year, plus a whole lot of creativity, a whole lot of focus, a whole lot of, you know, |
| 1:35.8 | can-do attitude, which we talk about that entrepreneur mindset and the problem-solving mindset, |
| 1:40.9 | opportunity mindset. And so we go over her story of how she did that and how she grew |
| 1:45.0 | from that first property that she moved into to a portfolio that's now in the 20-something |
| 1:49.8 | properties, 14 of them are free and clear of debt, meaning there's no debt on the property. She |
| 1:54.8 | now has passive income coming in each and every month. And so that's what it's all about today. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Chad Carson, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Chad Carson and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.