And I remember we were thinking, if we built a duplex together, because we each had some savings,

we could both live in one half and then not have a rent payment, mortgage payment.

We ended up finding like a layout that we thought would work great.

And we just drew it ourselves.

We had a little two bedroom, two bath, each side.

So that was kind of the start of it was hearing about house hacking and light bulb going off for us.

Welcome to the podcast, Real Estate Investing with Coach Carson.

I'm your host, Chad Carson.

You can also call me a coach.

And this is a show to help you get out of the financial grind so you can do more of what matters whether your first time listener or a long time listener thank you for being back for another episode

the title of this episode is how a new investor built a duplex rental from scratch so new construction

and i'm going to give you a full analysis this This is an interview, another one in our Deal, Deep Dive series. And this week, I'm interviewing Kyle Sekella. He's a 36-year-old real estate investor and also a contractor who builds new houses in the upstate of South Carolina, which is actually not too far away from my house. I live in Clemson, South Carolina. He's in another part of the region. Now, have you ever had a situation in your life where you messed up at something? Maybe you made a big mistake. Maybe you had a failure. You know, once you've made that mistake, it's a lot harder to go back and try that thing again. You don't want to screw it up. You don't want to mess that thing up again. Well, an interesting part of our story, my interview with Kyle today was back in 2008 and 9. He and his brother bought some rental properties. So he got started

back then. It actually went very badly during the recession. They actually lost these properties

foreclosure. So he talks a little bit about that. The beginning of the story. Like I said,

I worked for my brother doing concrete through the

summer. So in 2007, I think we partnered together to buy some properties, fix them up,

and keep them as rentals. And then when everything crashed, early 2009, I got called from all

three tenants that they were moving out. And it was a lot to handle. I didn't have any money, no cash reserves. So we ended up losing all three of those to foreclosure. What's amazing is we're going to go in how he transformed. He actually changed careers from being a CPA to being a general contractor, constructing houses. And since then, he's built a duplex. and he and his wife have actually built some single

family houses as well that they've lived in and then sold to make profits the CPA thing it just

I couldn't sit in a cubicle every day so I had to get outside and I thought that was the best

plan at the time we were thinking if we built a duplex together because we each had some savings,

we could both live in one half and then not have a rent payment, mortgage payment.

...