Episode 291 - John Schaub has been investing in rentals for 5 decades, and he's seen high interest rates, recessions, inflation, and more. In this interview, he shares his advice for investors in 2023 about how to structure deals that cash flow today and build wealth over the long run. Whether you're a new investor or more experienced, you'll benefit from his perspective and grounded investing wisdom.
📑 COMPANION ARTICLE/SHOW NOTES:
https://coachcarson.com/cash-flow-rentals-2023-Schaub
Links:
Updated Book - Building Wealth One House at a Time:
https://amzn.to/41W6mDR
John's website:
https://www.johnschaub.com/
John's seller financing course:
https://www.johnschaub.com/product/buying-and-selling-with-owner-financing/
2021 Interview with John:
https://www.coachcarson.com/johnschaub2021/
🎬 TIMESTAMPS:
0:00 - Intro
3:13 - Business and Rental Licenses
5:41 - Where is the economy in 2023?
11:00 - The fundamentals for real estate investors
14:42 - Types of locations to look for
19:52 - Types of properties to look for
24:20 - Economics of a good investment property
33:56 - Sample investment deal
43:16 - The BRRRR Method
46:02 - Tips on investing later in life
49:08 - Making decisions as an investor
54:32 - John talks about his book
56:18 - Outro
__________
🧰MY FAVORITE REAL ESTATE & MONEY TOOLS:
📈RENTAL PROPERTY ANALYSIS🏘️
My online course teaches EXACTLY how I run the numbers and confidently analyze rental properties that produce cash flow and build wealth (and it includes my actual property analysis spreadsheet!): https://www.coachcarson.com/RPA-YT
💵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-YT
👉 Deal Machine - software to help you buy more real estate deals - https://www.coachcarson.com/dealmachine-YT
__________
SUBSCRIBE for more videos about how to retire early with real estate investing!
💥 https://www.youtube.com/user/CoachChadCarson?sub_confirmation=1 💰
----------------
MY AUDIO PODCAST ON REAL ESTATE INVESTING
🎧 https://www.coachcarson.com/podcast/
----------------
GET MY FREE REAL ESTATE INVESTOR TOOLKIT
📋 https://www.coachcarson.com/toolkit-yt/
----------------
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
-----------------
▶️ MY YOUTUBE PLAYLISTS:
New to my channel? START HERE!
https://youtube.com/playlist?list=PL5F-I4oW-y2GOKLku5ZZLs4-bFqhT3dhM
Start investing now with NO EXPERIENCE
https://youtube.com/playlist?list=PL5F-I4oW-y2HzDDUGdPgpMd0qiIE19osb
Start investing now with a FULL TIME JOB
https://youtube.com/playlist?list=PL5F-I4oW-y2F0159OWyVmtURM62dnNa5B
Start investing now with NO MONEY
https://youtube.com/playlist?list=PL5F-I4oW-y2GT1sXIBio2rEycQ6v38iyH
Get out of the financial grind, so you can do what matters in your life.
https://youtube.com/playlist?list=PL5F-I4oW-y2GHS4nUGnmUOAUfRqOlVHcD
Analyze deals using GRADE SCHOOL MATH
https://youtube.com/playlist?list=PL5F-I4oW-y2FBXLqGI51b-aScuSPbc93M