Live in an Expensive Market? Here's EXACTLY How to Invest Out of State | Don & Janelle Carlson (Ep 157)
The BetterLife Podcast
Brandon Turner and Cam Cathcart
4.8 • 767 Ratings
🗓️ 24 June 2025
⏱️ 81 minutes
🧾️ Download transcript
Summary
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Our names are Brandon Turner and Cam Cathcart! We teach people how to BUILD WEALTH WITHOUT LOSING THEIR SOUL through real estate investing!
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🎥 DESCRIPTION
I sat down with Don and Janelle Carlson to unpack how they built a flexible, freedom-focused real estate business while living life on the road. They share how they invest out of state, manage teams remotely, and scaled quickly... even after their incredible but heart-breaking story of losing $35K on their first deal. From brutal early lessons to building a lifestyle by design, this is a candid look at what it really takes to thrive in the middle phase of real estate investing.
Specifically, we talk about:
• the mechanics behind investing in real estate out-of-state
• why you shouldn't count out your expensive market just yet
• how to get started
• how to get out of the "middle investor" phase
• and so much more!
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Transcript
Click on a timestamp to play from that location
| 0:00.0 | This is the Better Life podcast with Brandon Turner and... |
| 0:03.0 | Cam, I got a really important question for you. |
| 0:06.8 | Why don't some fish play the piano? |
| 0:09.9 | Why? |
| 0:10.4 | Because you can't tune a fish. |
| 0:14.1 | Okay. |
| 0:15.4 | Can you beat that? |
| 0:16.8 | Why can't you hear a tarotacto going to the bathroom? |
| 0:20.4 | I don't know. |
| 0:21.2 | Because the P.S. I don't. |
| 0:23.5 | I get it. |
| 0:24.3 | That's pretty good, man. |
| 0:25.2 | Off the top of my head. |
| 0:26.4 | Off the top of your head. |
| 0:27.5 | Yeah, whatever. |
| 0:28.6 | Never. Yeah, you didn't Google that one before. |
| 0:30.4 | Hey, everybody. |
| 0:31.1 | Thanks for coming out on today's show. |
| 0:32.2 | Today, we're really excited to bring you an interview with some good friends of ours, actually. And we're going to talk |
| 0:37.5 | about investing in real estate at a distance and having kind of a cool life, style, life, and |
| 0:43.3 | real estate. So our guest today, Don and Janelle Carlson. What's up, guys? Hey, what's |
| 0:48.8 | how are you? I'm good. I'm excited. We need a name for this room. You're in the office. |
... |
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