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The Intrinsic Value Podcast - The Investor’s Podcast Network

MI282: The Small & Mighty Real Estate Investor w/ Chad Carson

The Intrinsic Value Podcast - The Investor’s Podcast Network

The Investor's Podcast Network

Education, Investing, Business

4.6592 Ratings

🗓️ 25 July 2023

⏱️ 75 minutes

🧾️ Download transcript

Summary

Robert Leonard brings back his good friend Chad Carson to discuss his new book The Small & Mighty Real Estate Investor, including the differences between building a small portfolio and a large portfolio, how to deal with debt in partnerships, people not paying rent, the psychology of being a workaholic, the 7 rules of a small and mighty real estate investor, and much, much more! IN THIS EPISODE, YOU’LL LEARN: 00:00 - Intro 12:05 - What it means to be a small & mighty real estate investor. 12:05 - 7 rules of a small & mighty real estate investor. 34:18 - How to deal with being a workaholic. 43:11 - How to think about debt. 46:41 - How to deal with tenants not paying rent. 47:13 - Why you might not want to build a big real estate portfolio. And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Chad Carson’s book The Small & Mighty Real Estate Investor. Chad Carson’s book Retire Early with Real Estate. Related episode: Listen to REI056: Warren Buffett Style Real Estate Investing, or watch the video. Related episode: Listen to REI001: How to Get Started in Real Estate, or watch the video. NEW TO THE SHOW? Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle’s favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Fiscal.AI Connect with Robert: Twitter | Website Connect with Chad: Website | Twitter Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

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0:00.0

You're listening to TIP. In this week's episode, I bring back my good friend Chad Carson to discuss

0:06.9

his new book, The Small and Mighty Real Estate Investor. We talk about the differences between

0:13.3

building a small portfolio and a large portfolio, how to deal with debt and partnerships,

0:19.0

people not paying rent, the psychology of being a workaholic,

0:22.8

the seven rules of a small and mighty real estate investor, and much, much more. Chad Carson is a

0:28.8

successful entrepreneur, real estate investor, and author. He was also a linebacker for Clemson

0:35.3

University football. And before we get into the episode,

0:39.0

I just want to give you guys a quick reminder. Call or text your friends that you don't talk to

0:44.1

as often as you'd like. I always enjoy talking with Chad, and I have failed at doing this as

0:50.1

often as I'd like. He's always only a call or a text or an email away,

0:56.6

and yet I let life get in the way way too often. This episode and conversation today

1:02.9

reminded me of this. So I wanted to remind you guys all to do the same. Text your friends or

1:09.7

family that you don't talk to as often as you'd like.

1:13.4

And now, without further delay, let's get into this week's episode with Chad Carson.

1:19.5

You're listening to Millennial Investing by the Investors Podcast Network, where your host, Robert

1:25.2

Leonard, interview successful entrepreneurs, business leaders,

1:28.5

and investors to help educate and inspire the millennial generation.

1:41.4

Hey, everyone.

1:42.6

Welcome back to the millennial investing podcast. I'm your host, Robert Leonard, and with me today,

1:47.7

I bring back fan favorite coach Chad Carson. Chad, welcome back. It is great to be here. Robert,

1:54.1

thanks for having me back. You have been on the show quite a few times in the past. Actually, I think you're

1:59.6

one of the most, I think you've been on some of the most out of any guess. I think you're up there with maybe one or two other people in terms of the number of times you've been on the show. But it has been a while. So give us a quick rundown on your background, what you've been up to and everything you've been doing since we last talked. Thank you for having me on multiple times. I appreciate that. And I want have been up to just, I'll go start recently. The last 12 months, I'm actually, you and I were talking about this offline. I've been living in Spain with my family. We're in Granada, Spain. I have a 10 and 12 year old daughters. My wife and I moved here with them. And so part of my real estate investing story, part of what motivates me is travel. We like to live in other countries. This is the second time we've done this long term. We lived in Ecuador and 2017 and 18. And so part of just us having the flexibility, the freedom, the time to do things. And then also the money from income properties is to be able to experience different things

...

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