meta_pixel
Tapesearch Logo
Log in
Real Estate Investing with Coach Carson

#363: How One Dad Earns $5K/month From 8 Rental Properties

Real Estate Investing with Coach Carson

Chad Carson

Business, Investing

4.9613 Ratings

🗓️ 30 September 2024

⏱️ 62 minutes

🧾️ Download transcript

Summary

⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom:

https://www.coachcarson.com/rpm

🎙️ Episode #363 – Aaron, a new dad who transitioned from concert organizer to real estate investor, built a portfolio of 8 rental properties while long-distance. Learn how Aaron leveraged his music industry skills, overcame challenges, and chose the strategies that fueled his rapid growth in real estate.

▶️ Next Episode: How to Find the Best Property Managers

https://podcasts.apple.com/us/podcast/333-how-to-find-the-best-property-managers/id1448707654?i=1000647918499

📄 Show Notes:

https://www.coachcarson.com/8rentalportfolio/

🎬 Timestamps:

0:00 - From Music to Real Estate

1:12 - Aaron's Career turning point

9:25 - Aaron and his wife's journey to real estate investing

17:49 - Numbers on Aaron's first rental property

24:20 - Leveraging equity in your residence

31:54 - Migrating to Washington

41:02 - Trying long distance in Iowa

45:20 - Operations and lessons of managing remotely

53:25 - Aaron's reflections on his journey

56:32 - What's next for Aaron?

1:00:00 - How to find the best property managers

🔗 Connect with Aaron:

• Website: https://aaronameen.com

• Twitter: https://x.com/AaronAmeen

--------------------------
⚒️ Get my FREE Real Estate Investor Toolkit:

https://www.coachcarson.com/toolkit-pod 

🖥️ Learn with Coach (Courses, Books & more):

https://www.CoachCarson.com 

👋 Connect with Me:

📸 https://www.instagram.com/coachchadcarson  

👍 https://www.facebook.com/coachchadcarson  

🐦 https://twitter.com/CoachChadCarson

💰 DealMachine – Software to help you buy more real estate deals:  https://www.coachcarson.com/dealmachine 

Transcript

Click on a timestamp to play from that location

0:00.0

I know that our family is better off for having taken those chances and tried those new things

0:04.8

even when they were risky.

0:06.6

That's Aaron Amin, a new dad of three and an investor who bought eight rental properties

0:10.7

in seven years.

0:12.3

But just before his real estate journey began, when he was working in a high stress career

0:15.9

in the music industry, things got worse.

0:18.4

I thought I was doing the right stuff, but I was drinking too much, and I

0:21.4

hit a rock bottom point before COVID, and I landed myself in inpatient rehab. In this episode,

0:26.5

you'll hear Aaron's full story, including a big transition from the music industry lifestyle

0:30.9

to growing his rental portfolio. I had to ask some very tough questions about what I wanted my

0:36.1

life to look like. What direction did I want to go?

0:38.6

How Aaron used equity in his primary home to buy two new rental properties.

0:43.0

We ended up selling that primary house.

0:44.9

We had, I think, about $165,000 gain that we were able to take completely tax-free.

0:49.8

And his struggles while long-distance investing in Iowa.

0:52.8

The company we hired went bankrupt within

0:55.2

eight weeks of hiring them with our very first long-distance rental. We were 2,000 miles away from

1:00.8

in the middle of the winter. And now we're going to dig into all of that and more.

1:29.7

All right. So, Aaron, I can't wait to dig into your rental property story. I got a lot of questions on that. But I have to start on some personal interest here. I know I've heard your background was with music. You were a drummer in a touring band. And you also organized concerts, like big big concerts and so a couple random questions what were some of the biggest concerts you organized like and I'm thinking like

1:35.3

how many people are there what were some of the names and this is just like me music fan boy and kind of

1:40.7

stuff so like I got to hear some of that sure Sure. Yeah. So I used to work for the largest

1:45.4

entertainment company in the world. And so they put on shows all the way from 300 capacity

...

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.