#478: If Your City Is Too Expensive to Buy Rentals, Do This Instead Podcast By cover art

#478: If Your City Is Too Expensive to Buy Rentals, Do This Instead

#478: If Your City Is Too Expensive to Buy Rentals, Do This Instead

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▶️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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🏠 TurboTenant – Streamline Your Property Management for Free: https://www.coachcarson.com/turbotenant


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