#304 - How a Couple Retired to Portugal Using Rental Properties in the US
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 __________ 🧰MY FAVORITE REAL ESTATE & MONEY TOOLS: - Deal Machine - software to help you buy more real estate deals - https://www.coachcarson.com/dealmachine ---------------- 💰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 ---------------- 🎧SUBSCRIBE to the podcast for more episodes about how to achieve financial independence and do what matters using real estate investing! https://coachcarson.com/podcast ---------------- ▶️WATCH my YouTube channel - Coach Carson TV - for tutorials, tips, strategies, and interviews https://www.youtube.com/user/CoachChadCarson?sub_confirmation=1 ---------------- 📋 GET MY FREE REAL ESTATE INVESTOR TOOLKIT https://coachcarson.com/reitoolkit ---------------- FOLLOW ME ON INSTAGRAM 📸 https://www.instagram.com/coachcarson1/ ---------------- READ MY BOOK ON RETIRING EARLY 📚 https://www.coachcarson.com/retirementbook ---------------- 👋👋 SAY HI ON SOCIAL https://www.facebook.com/coachchadcarson/ https://twitter.com/CoachChadCarson