• #368: 10-Year Financial Freedom Plan With Rentals in High Price Markets

  • Nov 4 2024
  • Length: 21 mins
  • Podcast

#368: 10-Year Financial Freedom Plan With Rentals in High Price Markets

  • Summary

  • ⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: http://coachcarson.com/rpm

    🎙️ Episode #368 - We're diving into the case study of a couple from Oakland who transformed $80,000 into $1.4 million in equity in just 10 years. Their strategies are perfect for anyone in a high-priced market looking to build a portfolio and eventually harvest wealth for long-term financial independence.

    ▶️ Next Episode:

    DON’T BE CHEAP! - How to Double Your Money in a High Priced Housing Market

    https://youtu.be/F-bsP-InDLA?si=LcgkdAbRbKZ8VZQS


    📄 Show Notes:

    https://www.coachcarson.com/highpricedmarket/


    🎬 Timestamps:

    00:00 - Starting Real Estate in High-Price Markets

    00:36 - Saving $80K: First Steps in Investing

    01:53 - House Hacking: Strategy for High-Price Markets

    04:14 - Growing Portfolio: Second Duplex and More

    04:48 - BRRRR Strategy in Vallejo

    06:08 - Moving to Dream Home and Holding Properties

    07:08 - Harvesting Equity: Selling California Rentals

    08:30 - Exchange to Greensboro, North Carolina

    11:20 - Transition to Cash Flow Properties

    12:16 - Wealth/Equity from 50 Rental Units

    13:14 - Rental Investing Journey: Starter

    14:25 - Rental Investing Journey: Builder

    14:58 - Rental Investing Journey: Harvester

    16:10 - Small & Mighty Strategy

    20:30 - How to Double Your Money in a High Priced Housing Market

    ____________________________________________________________________

    ⚒️ Get my FREE Real Estate Investor Toolkit:

    https://www.coachcarson.com/toolkit-pod

    🖥️ My Real Estate Courses:

    *FREE COURSE* Find Your Focus in Real Estate for Beginners:
    https://www.coachcarson.com/fyf

    30 Days to a Better Rental Investor:
    https://www.coachcarson.com/30days

    Creative Financing for Real Estate Investors:
    https://www.coachcarson.com/creativefinancing

    My Books:

    📘 The Small & Mighty Real Estate Investor

    📙 Retire Early with Real Estate

    https://www.coachcarson.com/books-pod

    👋 Connect with Me:

    📸 https://www.instagram.com/coachchadcarson

    👍 https://www.facebook.com/coachchadcarson

    🐦 https://twitter.com/CoachChadCarson

    💰 DealMachine – Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine

    🌐 For everything else: https://www.coachcarson.com

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