#478: If Your City Is Too Expensive to Buy Rentals, Do This Instead
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#478: If Your City Is Too Expensive to Buy Rentals, Do This Instead
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Narrated by:
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By:
About this listen
⭐ Get my coaching & community to achieve financial freedom →
https://www.coachcarson.com/rpm-pod-478
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https://www.coachcarson.com/toolkit-pod-478
▶️Next Episode: How One Investor Quit His Job With $100k Rental Cash Flow
- Apple: https://podcasts.apple.com/us/podcast/456-how-one-investor-quit-his-job-with-%24100k-rental-cash-flow/id1448707654?i=1000735018807
- Spotify: https://open.spotify.com/episode/3BNPqg4d7lkFVeHBlaS2MC?si=2v6Go6Z0TVyey46HS5HFag
EPISODE NOTES:
🎬 Topics Covered:
- (00:00) - Why invest out of state
- (00:51) - Choosing out-of-state over local investing
- (05:28) - Overcoming fears of long-distance investing
- (07:10) - Picking a market: landing in Southern Indiana
- (13:56) - Funding deals and unique loan structures
- (18:41) - Neighborhood classes and low-price opportunities
- (21:40) - Subject-to-appraisal rehab loans explained
- (23:45) - Building a remote team and vetting
- (27:55) - Start simple: avoid heavy rehabs early
- (31:29) - Lessons learned: patience and zero-down tradeoffs
- (35:16) – How to find deals long distance
- (41:24) - Portfolio update and stabilization focus
- (43:32) - Phases: starter, builder, harvester
- (47:08) - Short-term goal: funding school costs
- (51:14) - How One Investor Quit His Job With $100k Rental Cash Flow
🎙️ Episode #478 - If homes in your city cost $2M and don't cash flow, you don't have to quit investing. Learn how investors build rental portfolios in affordable markets, even when they live thousands of miles away.
📄 Show Notes: https://www.coachcarson.com/tooexpensiverentals/
Connect with Ben:
- Instagram: https://www.instagram.com/cashflow.with.vido/
- Podcast: https://beacons.ai/cashflow.with.vido
- TikTok: https://www.tiktok.com/@cashflow.with.vido
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