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Real Estate Investing with Coach Carson

#490: Meet the $1M Entrepreneur Buying Boring Rental Properties

Real Estate Investing with Coach Carson

Chad Carson

Business, Investing

4.9613 Ratings

🗓️ 1 June 2026

⏱️ 60 minutes

🧾️ Download transcript

Summary

⭐ Get my coaching & community to achieve financial freedom →

https://www.coachcarson.com/rpm-pod-490

⚒️ Get my best investor tools for FREE → 

https://www.coachcarson.com/toolkit-pod-490

▶️ Next Episode: How a New Mom Built a $3 Million Rental Portfolio in 7 Years

 

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🎬 Topics Covered:

  • (00:00) - Why real estate if you're already winning in business?
  • (02:51) - The real cost of skipping real estate
  • (05:13) - $200K in stocks vs. $200K in rentals
  • (10:07) - Can't find the 1% rule?
  • (16:48) - Airbnbs, flips, and syndications
  • (23:49) - There's no one right path to financial freedom
  • (23:47) - The income gap that built his wealth fastest
  • (28:49) - Stop trading time for money
  • (38:12) - The 3 ways to reach financial independence
  • (44:27) - How to invest money before you can spend it
  • (58:18) - How a New Mom Built a $3 Million Rental Portfolio in 7 Years

 

🎙️ Episode #490 - The fastest path to wealth isn't one strategy, it's three. Here's how business, real estate, and index funds work together.

 

📄 Show Notes: https://www.coachcarson.com/3leggedwealthstool/

 

🔗 Connect with Cody Berman:

 

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ADDITIONAL RESOURCES

💵 Need Investor-Friendly Financing? This is who I trust → https://www.coachcarson.com/bryan

 

🏠 TurboTenant – Streamline Your Property Management for Free: https://www.coachcarson.com/turbotenant-yt

 

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

Transcript

Click on a timestamp to play from that location

0:00.0

This episode is for the person on the climb. You've got a job. You've got a rental or two. Maybe you have a side hustle starting to make a little bit of money. And you're trying to figure out how to put all these pieces together to give yourself more financial freedom. My friend Cody Berman climbed exactly that way and reached financial freedom early in his life. He didn't just pick real estate, stocks, or a business. He used all three and made them work together. He explains

0:22.0

how in our conversation. If we haven't met yet, my name is Chad Carson. You can also call me Coach

0:34.7

Carson. And on this channel, I teach you how to use a small and mighty style of real estate investing to achieve financial freedom so you can spend your time doing more of what matters. All right, Cody, I had to look. The last time we talked was like officially on this podcast was like three years ago, you were, I think you were 26 years old at that point. You were getting ready to travel. You were engaged, and you were also doing well with your business

0:54.7

and had a million dollar, you were a millionaire or something like that. I say all that to start

1:00.4

off is like, what that's been happening for the last three years with Cody? This is a personal

1:04.7

selfish question. I just want to see what's what's been going on with you since that time?

1:08.6

Oh man. More of the same.

1:11.0

I feel like in that episode, because I actually listened back to that episode this past week in prep for this conversation.

1:16.2

Nice.

1:16.5

And we did an awesome job and people can definitely go check that one out.

1:19.4

But honestly, more of the same.

1:21.1

I think today I probably trimmed more of the fat off of what I do than what I was doing three or four years ago.

1:27.7

Like at one point, I had 20 plus sothustles. Wow. Don't recommend. It was way too much. Like I was, I was just doing everything. And since then, I've like really narrowed my focus to kind of a main three things. I have like my digital products business. I have my real estate business. Then I have my like personal finance educator business, if you will,

1:45.8

which is like all encompassing of like my book now. digital products business. I have my real estate business. Then I have my like personal finance

1:44.2

educator business, if you will, which is like all encompassing of like my book now and social

1:48.9

media, my podcast. But yeah, I used to do like way too many things. And now I've since

1:54.1

narrowed my scope to a couple of things. But those couple of things have grown in revenue and

1:59.6

scale since we last talked. Yeah, I admire your

2:02.9

ability to focus. One of the things just behind the scenes that people know, like Cody and I've

2:06.6

known each other for a long time in the fire community. We go to a conference every year called

2:10.0

FinCon and get a talk there. And he's somebody I go to as like a really good entrepreneur,

2:15.2

like really good business person, understands products, understands how to grow income, grow well. So we have a lot of fun conversations about that. One of the things I would love to unpack though is like you've been really successful in all three, in all your different ventures, but particularly like you have an entrepreneur streak and you've been really well with that early in your life. And so one of the questions I have is when you make a lot of,

...

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