#210: How a New Investor Bought SIX PROPERTIES While Working a Full-Time Job
Real Estate Investing with Coach Carson
Chad Carson
4.9 • 613 Ratings
🗓️ 28 February 2022
⏱️ 60 minutes
🧾️ Download transcript
Summary
Episode #210 - Learn how Ray Zhao, a busy professional in Los Angeles, California started investing in real estate across the county in North Carolina and bought 6 properties in 1 year using what he learned in Coach Carson's course Real Estate Deal School.
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💲REAL ESTATE DEAL SCHOOL🏘️ - My signature online course + community guides and supports you towards your next real estate investing deal. Only open twice per year. Learn more at https://www.coachcarson.com/reds
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🧰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
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Transcript
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| 0:00.0 | So when she sees a property, she would go in there, she already know the pretty much the roughly rehab costs. |
| 0:06.9 | She will give me the complete statistic of the property, the, you know, the comp, the rental comp. |
| 0:14.2 | So from that, I just basically leverage you from her network. |
| 0:17.2 | I got to know the lenders and her set of contractors, closing lawyers. So I basically |
| 0:25.1 | leverage all her skills, all her network. Welcome to the real estate and Financial Independence Podcast. |
| 0:39.1 | I'm your host, Chad Carson. |
| 0:40.3 | You can also call me coach, and this is a show all about helping you get out of the financial |
| 0:44.4 | grind so that you can do more of what matters. |
| 0:47.3 | Thank you for being here for another episode. |
| 0:49.5 | The title for today's episode is how a new long distance investor bought six properties in one year. |
| 0:57.0 | This is an interview with Ray Tzau. |
| 0:59.2 | He is a student in my course Real Estate Deal School. |
| 1:02.7 | He was in fall of 2020. |
| 1:04.4 | It was when he took the course. |
| 1:05.7 | And so I'm recording this in February almost of 2022. |
| 1:10.3 | And so we're looking back over the steps he took and the progress |
| 1:14.1 | he made to buy those six properties and starting from scratch. So this is one of the most fun |
| 1:19.6 | things I get to do is really to unpack the details of his progression. And the reality, |
| 1:25.5 | and so many people get frustrated in the early stages, |
| 1:28.8 | but the reality that I want to share with you in today's episode is that the steps you take |
| 1:32.6 | forward are a little bit messy sometimes. There's no perfect path. And what I do in the course |
| 1:37.8 | and what I've helped people now for about a decade when I'm helping people get started |
... |
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