Episode #196 – Recently at a local real estate meetup, Coach Carson shared his plan to make $1 million in 2 years if he lost everything and had to start over from scratch. In this episode, you’ll hear the entire, detailed plan with comments about how you can apply it to your life as you build wealth using real estate.
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I have heard many times that if you took everything from rich people and gave it to poor people and dropped the former rich by parachute into the jungle that in ten years the money would all be back in the rich peoples’ accounts. I doubt that’s true but Coach Carson is one of the guys who’d be back in business in no time! I don’t like real estate much and have managed to become financially independent in spite of that, but Coach is the real deal.
Hey Coach, Ive been listening to your podcasts for the last 3 months. Hoping to take the rental property plunge in the next year. You recommend joining your local REIA group, what if you plan on investing out of state? Do you join the REIA group in the area you plan on investing or where you currently live? I imagine it would be hard to network when you live across the country.
Amrit, thanks for the question. Yes, I still recommend joining the local group where you will be investing. That is where a lot of the valuable knowledge and connections will happen.
The silver lining of Covid-19 is that many clubs have continued doing online/hybrid meetings even when they go back in person. So, you may be able to do that and then network online. And you can get a list of members and vendors associated with the club, and perhaps reach out to some 1-1 with phone calls. It will be more effort but definitely worth it!
Good luck!