#217: We're moving to Spain! (and living off our rental income while abroad)
Real Estate Investing with Coach Carson
Chad Carson
4.9 • 613 Ratings
🗓️ 28 March 2022
⏱️ 47 minutes
🧾️ Download transcript
Summary
Episode #217 - Coach Carson and his family are moving to Spain for a year starting in July 2022. Learn why they're going, where they're going, what they're doing about school for their kids, how they're paying for it with rental income, what they plan to do while there, and more.
Companion Article: https://www.coachcarson.com/movingtospain2022/
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Transcript
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| 0:00.0 | I think we'll probably just between our house and our old house that we used to live in that we all that we manage ourselves. |
| 0:04.9 | We'll probably have 2,000 to 2,500 a month coming in just from those two. |
| 0:09.3 | And then we have a rental property business that produces income. |
| 0:13.1 | So the income from the rental property business, then income from our two houses that we have, |
| 0:17.3 | that's going to cover that's going to cover our expenses, which feels pretty good, right? |
| 0:20.7 | That's a big part of why this channel's what is all about. |
| 0:24.1 | If you can build up to the point where you have rental income coming in or some kind of |
| 0:28.1 | investment income, it gives you the option to pick up and go. |
| 0:31.5 | We're not having to think about, can I make enough income? |
| 0:34.7 | Do I need to save the money? |
| 0:43.9 | Yeah. Can I make enough income? Do I need to save the money? Welcome to the real estate and financial independence podcast. |
| 0:46.8 | I'm your host, Chad Carson. |
| 0:48.0 | You can call me coach. |
| 0:49.2 | And I'm here today with a special episode to talk about why we are moving to Spain. I'm here with my wife, |
| 0:55.7 | Carrie Carson. And we're going to normally on my podcast episodes, I have a little intro segment |
| 1:01.3 | where I talk just behind the scenes for three minutes. Well, today the entire episode is going to be |
| 1:05.6 | behind the scenes. I've let little tidbits go in the last month or two that we're making a big |
| 1:10.3 | trip where we're moving abroad and moving to Spain. But I thought it would be fun to take everybody behind the scenes and to share the good and the bad and the ugly of our planning process. We haven't moved there yet. We're still here in Clemson, South Carolina. But we're going to be moving in July 22. So before we get started with that, though, I want to say hello to Carrie. My wife, Carrie. Hi. Hi, Chad. Hi, everyone. So I had to talk Carrie once again into coming on a podcast with me. She did one. Don't remember the episode now, but we talked about stuff on that one. We talked about financial independence and relationships, but thank you for coming on, |
| 1:45.5 | because this is our trip, not just mine. |
| 1:48.7 | You're welcome. |
| 1:50.6 | All right. |
| 1:51.2 | So, Carrie, the first on Instagram and other places I put out there just to ask some questions |
... |
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