How To Successfully Invest In California Real Estate And Use A Property Management Company As A Side Hustle with Rob Chiang

Rob Chiang is the creator of the passive wealth coach system. He has been managing apartments since the age of 16. He has 25 years of experience with all facets of real estate investing, including but not limited to rent collection, accounting, maintenance, remodelling, leasing, buying, selling, and owning. Rob Chiang holds a California broker's license as well as a general contracting license and currently controls $193M in investment property assets and owns $10M worth of Real Estate. He coaches students across the United States on how to create passive and generational wealth through his 7-step "Heroics" passive wealth coaching program.

Grab moonlight ebook: http://moonlightcre.com/ebook/ 

Website: https://ericlindseyrei.com/

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CLICK ON THE LINK BELOW TO SCHEDULE A CALL WITH ERIC:

https://calendly.com/moonlightequitiesgroup/scheduled-conversation

 

During this episode, you will learn about;

[01:42] Meet Rob Chiang and know how he started in real estate

[06:47] Inevitable failures despite being an all-rounded investor

[08:52] How Rob handles high prices and negative impact addressed toward landlords in California

[10:41] Has Rob encountered lawsuits in his real estate investing? 

[13:23] How Rob is navigating inflation and high-interest rates while sourcing deals

[15:18] A quick synopsis of his book; The 7-Step Blueprint to Passive Wealth

[18:12] First-hand information about the profitability of property management

[24:40] Best moonlighting book recommended by Rob

[25:36] How you can connect with Rob and get more resources for your education

 

Notable Quotes:

• Property management is only as profitable as your level of financial knowledge.
• Failures are inevitable in real estate. Use them as learning opportunities.
• High-level performers always have a coach. 
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Resources Mentioned: 

7 Step Blueprint to Passive Wealth by Rob Chiang: https://www.amazon.com/gp/product/B0BC4Q3CBR/

Rich Dad Poor Dad by Robert T. Kiyosaki: https://www.amazon.com/gp/product/B07C7M8SX9/

Who Not How: The Formula to Achieve Bigger Goals Through Accelerating Teamwork by Dan Sullivan: https://www.amazon.com/gp/product/B0867ZJ151/

Extreme Ownership: How U.S. Navy SEALs Lead and Win by Jocko Willink: https://www.amazon.com/gp/product/B0739PYQSS/