May 15, 2023
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://www.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/
🎬 AUDIO TIMESTAMPS:
0:00 - Hook/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
24:27 - Economics of a good investment property
34:03 - Sample investment deal
43:23 - The BRRRR Method
46:15 - Tips on investing later in life
49:21 - Making decisions as an investor
54:45 - John talks about his book
56:30 - Outro
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🧰MY FAVORITE REAL ESTATE & MONEY TOOLS:
- Deal Machine - software to help you buy more real estate deals https://www.coachcarson.com/dealmachine
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💰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!
https://coachcarson.com/creativefinancing
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🎧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
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