So you have dreams of traveling, maybe going to the Caribbean on a cruise or traveling abroad to other countries and relaxing and enjoying yourself.

And then you remember, oh yeah, I've got rental properties back at home.

Or maybe you're going to be buying rental properties and you're worried about how am I going to manage these properties and deal with all the problems that come with rental properties while I'm traveling.

Well, that's the question I'm going to tackle in today's episode of Ask Coach, and we're getting

started right now.

Welcome to the Ask Coach edition of the podcast, and we haven't met yet.

My name is Chad Carson. You can also call me Coach, And my mission here is to help you get out of the financial grind so you can do more of what matters. And the Ask Coach series is where I do my best to answer your burning questions about real estate investing and personal finance. Today's question comes from one of our YouTube viewers with the username DNM, and the exact question was,

how did you handle traveling while having rentals? What of an emergency and fixing needs to be done?

And what if you want to be your own property manager to save some money? So I love this question

because I love travel, I love real estate investing, and I've wanted to do both of those for my entire career. And so I want to share a few stories of my own experience of what I've done to make this work. And also just give you a couple tips that hopefully will help you with your own real estate investing if you also want to travel. So my first story goes back to 2009. And just to give you some context, you probably know that time period, but it was in the middle of the Great Recession.

And I was a relatively new investor still.

So I started in 2003.

And we had made a lot of progress buying properties in 2007, almost too much.

You can watch other videos.

I've talked about that where we bought a lot of properties and had to sort of digest them and also deal with

the changing market in 2008 and 2009. But by the end of 2009, I was sort of at a place not where I was

financially independent. I didn't have enough money coming in to pay for my bills. I had a little

bit of rental income coming in, but I just saved some money, saved some cash. I was married at that point,

did not have any kids. And I had a business partner who was really the main way that I was able

to travel for four and a half months with my wife. We went to Spain for about six weeks,

and we went to South America, starting in Peru, and I learned how to speak Spanish there. We lived in

Idaquipa, Peru, and southern Peru, went to Montupitou and some other places in Peru and I learned how to speak Spanish there. We lived in Ida Kipa, Peru and southern Peru went to Montupitou and some other places in Peru and made our way

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