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Real Estate Investing with Coach Carson

#39: The Time We Paid Cash For a House in 3 Days

Real Estate Investing with Coach Carson

Chad Carson

Business, Investing

4.9613 Ratings

🗓️ 13 May 2019

⏱️ 35 minutes

🧾️ Download transcript

Summary

Episode #39 - One time my business partner & I paid cash for an investment house in 3 days! Learn the details of how to raise cash for YOUR deals and also learn about the Warren Buffett deals I used as a model for my purchase.

For a companion article & show links visit: https://www.coachcarson.com/cash-for-house-in-3-days/ 

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Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to the Coach Carson podcast.

0:10.1

This is a show all about investing in real estate, achieving financial independence, and doing more of what matters.

0:17.1

My name is Chad Carson.

0:18.5

You can also call me Coach Carson.

0:20.8

Really appreciate you being here today.

0:22.3

Glad to have you. The topic of the episode is the time we paid cash for a house in three days.

0:31.1

So yes, that's actually what happened. I'm going to tell you a story from one of my experiences in real estate investing and talk to you a

0:38.3

little bit about a strategy or an approach, a benefit that we have as real estate investors that

0:44.4

we can add value to other people who are selling properties. And that has to do with having cash

0:49.6

available to buy a property and being able to do it quickly. I'm going to compare that to a story that one of my favorite investors, Warren Buffett,

0:56.8

did during the depths of the Great Recession.

0:59.5

But before I get into that topic, I want to make a couple of announcements.

1:03.2

One of those is that as you're listening to this show, probably around May 13th of 2019,

1:08.3

if you listen to it at the very beginning when it comes out, I'm doing

1:12.0

an in-person event. If you happen to be in the southeast, kind of near Greenville, South Carolina,

1:16.9

which is pretty near where I live in Clemson, South Carolina. I don't get out often and do live

1:21.9

events anymore. I'm mainly online and staying at home close to family. But on May 20th, I'm going to be speaking at the

1:29.4

upstate Rio group, upstate Korea group in Greenville, South Carolina. It's a Monday evening.

1:34.6

They're calling it Coach Carson Unplugged. So we're going to do sort of an interview. I'm going to

1:39.6

share a lot of my story from the beginning. And there's going to be another investor there

1:44.0

interviewing me

1:44.7

and talking about my experiences getting started, talking about going through the great

...

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