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Real Estate Investing with Coach Carson

#55: The Short-Term Buy & Hold Plan - Buy-3-Sell-2-Keep-1

Real Estate Investing with Coach Carson

Chad Carson

Business, Investing

4.9613 Ratings

🗓️ 29 July 2019

⏱️ 37 minutes

🧾️ Download transcript

Summary

Episode #55 - This episode explains how to use buy & hold rentals for a short period of time & generate large chunks of equity using the Buy-3-Sell-2-Keep-1 Plan. This plan works especially well in high priced markets or for newer investors trying to grow their wealth faster with smaller down payments available.
 
To get the companion article for this episode go to https://www.coachcarson.com/buy-3-sell-2-keep-1-plan/

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Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to the real estate and financial independence podcast. My name is Chad Carson. You can call me Coach Carson. Welcome to the show, which is all about investing in real estate so that you can achieve financial independence and do more of what matters.

0:22.7

Really appreciate you being here.

0:24.4

You've been following along with my own story this summer.

0:27.1

I am in Ecuador with my family.

0:29.8

This is a place we lived for about a year and a half, starting in 2017 and into 2018.

0:35.2

So we're back visiting for what seems like a small trip is five weeks.

0:40.6

So I'm recording my podcast episodes here in one of the upstairs bedrooms.

0:44.4

So if you hear some trucks going by, you hear some motorcycles, occasional dogs barking,

0:50.6

that's just part of big city, Latin America.

0:53.4

So I'm in Quenka, Ecuador.

0:54.6

Really wonderful place, if you ever get a chance to visit here.

0:57.7

And being here and kind of being far from my normal place in South Carolina with my

1:02.5

properties has made me a little bit philosophical.

1:05.4

I like to think big picture sometimes when I'm looking long distance.

1:08.9

And so the last few episodes have been going big picture and talking about financial independence.

1:14.8

Just two episodes ago and episode number 53, the topic was destination financial independence.

1:21.1

And I basically went over and finally defined what financial independence means to me and also

1:27.3

gave you some alternatives to

1:28.7

just waiting to get to the peak of the mountain where you only can enjoy life when you get to the

1:33.3

very top of your financial independence climb. Actually, there's a lot of milestones and plateaus

1:38.0

along the way. So I talked a lot about that in episode 53. But then I've also had some episodes

1:43.1

where I've gone into some specific unpacking of

...

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