306: Achieving FI with Fewer Doors: The Small and Mighty Real Estate Portfolio w/Chad Carson

Financial freedom with only a handful of rental properties!? So many real estate investors are convinced that amassing units is the key to bigger profits, but the truth is that a strategy involving fewer doors can be just as—if not more—effective. Today’s guest is an advocate for the “small and mighty” real estate portfolio that allows you to create passive income, pursue your passions, and achieve financial independence on your terms! Welcome back to another episode of the Real Estate Rookie podcast! Today, we’re sitting down with Chad “Coach” Carson to discuss his latest book, The Small and Mighty Real Estate Investor. Enjoying the flexibility that many rookie investors dream of, Chad and his family live abroad while his property managers handle the day-to-day operations of his rentals stateside—allowing him to spend very little time on his business each week. If you want to achieve financial freedom without becoming enslaved to your real estate business, this is an episode you won’t want to miss! Chad speaks on creating passive income through real estate, how to enjoy a two-hour workweek, and why accumulating more units shouldn’t be your end goal. He also talks about the three phases in every real estate journey and why the final phase is the key to unlocking your financial independence! Remember to pick up Chad’s new book and use code “SMALL306” at checkout!  In This Episode We Cover How to build a small real estate portfolio that supports your financial goals The three important phases in every real estate journey Lean FI, fat FI, and why you should know both numbers before investing The people and systems you NEED to create passive income from your rentals Arriving at “enough” when scaling your real estate empire And So Much More! Links from the Show Find an Agent Find a Lender Ashley's BiggerPockets Profile Ashley's Instagram Tony's BiggerPockets Profile Tony's Instagram Real Estate Rookie Facebook Group Join BiggerPockets for FREE Submit Your Real Estate Rookie Question! Become a (Small) Multifamily Millionaire in 7 Steps w/ Brian Murray and Brandon Turner Books Mentioned in the Show Retire Early with Real Estate by Chad Carson Get Your Copy of “The Small and Mighty Real Estate Investor” and Use Code "SMALL306" for 10% Off Connect with Chad: Chad's BiggerPockets Profile Coach Carson Podcast Chad's Instagram Chad's YouTube  Check the full show notes here: https://www.biggerpockets.com/blog/rookie-306 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email: [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoices