Retire Early With Real Estate: How Smart Investing Can Help You Escape the 9-5 Grind and Do More of What Matters

by Chad Carson

Overview

Fans of The 4-Hour Workweek will love these tried-and-true real estate strategies to help you escape the 9-to-5 work grind, retire early, and do more with your life!

Are you stuck in the rut of a 9-to-5 job? Would you like to do more with your life than just work to pay the bills? Consider this your comprehensive guide to achieve financial freedom using real estate!

Retire Early With Real Estate provides practical methods to quickly and safely build wealth using the time-tested vehicle of real estate rentals. Experienced real estate investor and early retiree, Chad Carson, shares the investment strategies that he used to create enough passive income to retire at 37 years old.

Packed with specific strategies, tips, and techniques, this book will help you forge a new path toward your retirement. Learn from more than twenty real estate investors and early retirees profiled in this book—retiring early is possible with a step-by-step strategy at hand! Whether you’re brand new or already investing, you can apply these lessons to retire early and live the life you want.

Inside, you’ll discover:

Step-by-step methods to use rental properties to retire in 10-15 years

How to produce rental income to pay all your bills (and never run out)

A 5-step process to create your customized real estate early retirement plan

Detailed case studies of ordinary investors who used real estate to retire early

4 practical, easy-to-follow strategies—especially for brand new investors

Creative backup plans to stay flexible and help you sleep well at night

And much more!

Product Details

ISBN-13:	9781947200036
Publisher:	BiggerPockets Publishing
Publication date:	09/13/2018
Series:	Financial Freedom , #2
Pages:	292
Sales rank:	519,740
Product dimensions:	6.00(w) x 9.01(h) x 0.80(d)

About the Author

Chad Carson is an entrepreneur, writer, and teacher who used real estate investing to reach financial independence before the age of 37. Chad and his business partner currently focus on long-term rental properties and private lending in and around the college town of Clemson, South Carolina. Their portfolio of 90+ units includes houses, small multi-unit apartments, and mobile homes. They started the business from scratch in 2003 with a combination of wholesaling, fix-and-flips, and non-conventional financing sources like private lending, seller financing, and lease options—which remains their expertise today. After surviving the 2007–2009 real estate downturn (with scars to prove it!), they transitioned to a focus on student rentals. When not investing, you’ll find Chad traveling the world with his family, playing basketball, and helping to build trails in his local community.

Table of Contents

Introduction

Part 1 - Why Real Estate Investing?

Chapter 1: Why Real Estate Is the I.D.E.A.L. Investment

Chapter 2: Four Reasons Early Retirees Should Invest in Real Estate

Part 2 - A Map of the Financial Mountain

Chapter 3: Getting Clear On Your Retirement Destination

Chapter 4: How Much Wealth Do You Need to Retire Using Real Estate?

Chapter 5: But Don’t Wait On Happiness - Enjoy the Peak AND the Plateaus

Part 3 - Preparations For The Climb

Chapter 6: The Story of the Savings Gap

Chapter 7: Simple Math = Shorter Path to Financial Independence

Chapter 8: Why You Should Cut the Big Expenses

Chapter 9: The 5 Wealth Stages - What’s Yours?

Part 4 - The Climb

Chapter 10: The House Hacking Plan

Chapter 11: The Live-In-Then-Rent Plan

Chapter 12: The Live-In-Flip Plan

Chapter 13: The BRRRR Plan

Chapter 14: The Rental Debt Snowball Plan

Chapter 15: The All Cash Rental Plan

Chapter 16: The Long-Term Hold Plan

Chapter 17: The Short-Term Hold Plan

Chapter 18: The Trade-Up Plan (Compounding Wealth Tax-Free)

Chapter 19: The Private Note Plan

Chapter 20: The Retirement Account Plan

Chapter 21: How to Mix & Match Plans For Synergistic Results

Part 5 - The Peak

Chapter 22: A Retirement Plan That Works

Chapter 23: How to Build a Retirement Income Floor Around Real Estate

Chapter 24: Strategies to Invest For the Upside in Retirement

Chapter 25: How and When to Access Your Retirement Accounts

Chapter 26: How to Have True Security in Retirement

Part 6 - The Vehicle of Real Estate

Chapter 27: How to Pick the Right Market For Your Investment Properties

Chapter 28: Riches are in Niches

Chapter 29: How to Run the Numbers - Back-of-the-Envelope Analysis

Chapter 30: How to Find Good Investment Property Deals

Part 7 - The Real Estate Retirement Challenge

Chapter 31: The 7-Step Real Estate Early Retirement Challenge

Chapter 32: Final thoughts

Appendix A: Profiles of Real Estate Early Retirees

Appendix B: Survey Results from 844 Real Estate Investors - “How You Use Real Estate to Retire Early”

What People are Saying About This

From the Publisher

“In Retire Early With Real Estate Chad not only takes you thru the process of using real estate investing to achieve your financial goals, he shows you several paths, how to combine them to suit your needs and, perhaps most critically, how to enjoy the journey along the way.”

—JL Collins, bestselling author of The Simple Path to Wealth

“In the sometimes murky world of real estate there is no one that we trust more than Chad Carson and this resource he has put together is nothing less than a roadmap to real estate success. Chad shares with painstaking detail how you can build a comprehensive real estate portfolio. It simply works. The remaining question is will you take action?”

—Jonathan Mendonsa & Brad Barrett, Founders of ChooseFI.com & the ChooseFI Podcast

“Clear, actionable, easy-to-understand guide to real estate investing, with fascinating case studies of ordinary people who have reached financial independence at an early age.”

—Paula Pant, Founder of AffordAnything.com and the Afford Anything Podcast

“Real estate investing has always been a mystery to me. It's daunting, confusing. This book shines a light in the darkness. Chad Carson carefully explains not only different approaches to building a real-estate empire, but also how to use that empire to achieve your financial goals. If you're at all curious about getting started with real estate, this book is a must-read.”

—JD Roth, founder of GetRichSlowly.com

“One of my biggest financial regrets is that I didn't get started in real estate investing sooner. But I didn't find my mentor until later in life. With this book, Coach Carson becomes a mentor to his readers and gives them the wisdom, tips, and practical advice needed to succeed as a real estate investor. In particular, his ‘5-Step Real Estate Early Retirement Plan’ is pure gold, a great overview and guide for anyone wanting to retire early with the help of real estate.”

—John, Founder of ESIMoney.com

“Chad is an excellent teacher and thought leader in the real estate investing space. He knows how to explain new concepts and ideas in a way that is easy to understand and implement. If you're looking to expand your horizons and greatly enrich your financial future, Chad is someone worth paying attention to.”

—Seth Williams, Founder of RETipster.com

“Chad is one of the most passionate and genuinely nice people I have ever met in the real estate space. I deeply admire the lifestyle he's set up for himself and his family through his strategies, and I urge you to soak up every last word of his! Financial freedom is possible through real estate!”

—J. Money, Founder of BudgetsAreSexy.com

“Most real estate books take a short-sighted approach to owning property and building a portfolio. Retire Early with Real Estate covers it all, and then some. From the ‘whys’ to the ‘hows’ to the ‘what-ifs’, you'll find everything you need to pursue your own financial independence in this in-depth resource. As an accidental landlord myself, you can bet I'll be using Chad's advice for years to come.”

—Phillip Taylor, CPA and founder of FinCon Expo and ptmoney.com

Interviews

The overarching metaphor I'm playing with is a mountain climb. Retirement (or early retirement) is the peak. And the meat of the book is how to plan and execute the climb.

Part 1 - Prepare reader for the climb to retirement using real estate (define the destination, teach real estate benefits and fundamentals)
Part 2 - Show reader how to climb and the different potential routes (various real estate wealth building strategies).
Part 3 - Show reader what to do at the top (how to use real estate income and equity to live in retirement).
Part 4 - Share real-life profiles of investors who used real estate to retire (purposely sharing different ages, types, etc to catch as many readers as possible).
Part 5 - Action Guide/Closing - to help reader compile and put into action what they just read.

While that's all the main focus of the book, a theme I weave throughout my writing is to succeed with money and real estate in order to do what matters in life. So, my own story and the profiles will emphasize the interesting stories behind the real estate, like my trip with my family to live in Ecuador and perhaps other ways people contribute to society and do interesting things because they have free time.
The demographic that I've resonated a lot with when writing this content on BP and my own blog is the 25 - 45 crowd. A subdemo are the 50-somethings that are behind or anxious about retirement planning. Real estate is presented as an alternative and better way to retire than main stream strategies (volatile stocks/bonds, low interest CDs and annuities, etc).