Real Estate Investing with Coach Carson
Business:Investing
#304 - How a Couple Retired to Portugal Using Rental Properties in the US
2023-08-14
Episode #304 - Karen and Bob are students of mine who are closer to the traditional retirement age. They demonstrate how it's never too late to get started in real estate investing, found a niche to be successful in, and now live a fulfilling life in Portugal!
📑 COMPANION ARTICLE/SHOW NOTES: https://www.coachcarson.com/retired-to-portugal/
🔗 LINKS:
Chad's New Book - https://biggerpockets.com/smallandmighty
🎬 TIMESTAMPS:
0:00 - Intro
3:52 - Why Portugal?
5:44 - Leaving corporate careers
13:05 - Investment philosophy
17:59 - Diversifying with real estate
21:46 - Strategy for flipping houses
25:36 - Tips for working with contractors
27:30 - Getting started with rental properties
32:05 - Flipping houses vs rentals
38:07 - Benefits of manufactured homes
43:20 - Using rentals to move abroad
48:16 - No debt properties
52:19 - What they would have done differently
55:17 - Tax considerations for retired lifestyle
59:54 - Starting with real estate later in life
1:02:33 - Time spent on rentals
1:05:44 - Summary and closing
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🧰MY FAVORITE REAL ESTATE & MONEY TOOLS:
- Deal Machine - software to help you buy more real estate deals - https://www.coachcarson.com/dealmachine
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💰CREATIVE FINANCING COURSE🏘️
Learn to finance your deals successfully, even with high interest rates. My online course teaches you how to use non-traditional funding sources for real estate, like private money, self-directed retirement accounts, seller financing, lease options, subject-to, and more. Includes paperwork! coachcarson.com/creativefinancing
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READ MY BOOK ON RETIRING EARLY 📚 https://www.coachcarson.com/retirementbook
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