203 | Real Estate Investing During a Recession Or Financial Crisis With Coach Carson

203 | Real Estate Investing During a Recession Or Financial Crisis With Coach Carson

Small landlords are collecting 90% of rent during a crisis — defying national headlines predicting widespread defaults. Chad Carson breaks down why relationships, not just numbers, separate resilient real estate portfolios from those at risk. Chad Carson shares critical strategies for real estate investors navigating economic uncertainty. The conversation covers maintaining strong tenant relationships, calculating your burn rate, keeping adequate cash reserves, and identifying investment opportunities when markets shift. Carson reveals surprisingly high rent collection rates among small-scale landlords compared to alarming national statistics, and explains why proactive communication with tenants matters more than ever. Key Topics Discussed Tenant Management Strategies [00:07:11] Maintaining communication with tenants during crises Building strong tenant relationships leads to higher rent collection rates Liquidity and Cash Reserves [00:10:12] Keeping sufficient cash reserves to navigate uncertain times Understanding your burn rate and preparing for potential rent shortfalls Evaluating Investment Opportunities [00:23:34] Recessions can present strong investment opportunities Being proactive and analyzing market trends for potential deals Chapters [00:00:40] Introducing Coach Carson [00:02:01] Impact of Economic Uncertainty [00:07:11] Tenant Management Strategies [00:10:12] Liquidity and Cash Reserves [00:23:34] Evaluating Investment Opportunities Key Quotes "Understanding local real estate dynamics is crucial." [00:09:39] "Cash is still King." [00:11:02] "Seize recession opportunities for real estate investments." [00:23:34] "Build strong tenant relationships for better outcomes." [00:09:39] Action Items Evaluate your current cash reserves and burn rate [00:11:02] Reach out to your tenants to check on their wellbeing [00:09:39] Begin researching potential investment opportunities [00:25:49] Resources Coach Carson's Free Course [00:39:27] Terminology Cash Reserves [00:10:12] Funds set aside to cover expenses in case of emergency situations. Burn Rate [00:11:02] The rate at which an investor uses their cash reserves. 1% Rule [00:26:22] A guideline for evaluating rental properties: rent should equal 1% of the purchase price. ▶ Listen Next: Ep. 205 — Tax Loss Harvesting and Other Money Moves to Make During a Financial Crisis | Essential Listening

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Episoder(692)

609 | How to Talk to Your Partner about FI | Jasper Lee

609 | How to Talk to Your Partner about FI | Jasper Lee

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27 Jul 59min

608 | Die With Zero, Revisited

608 | Die With Zero, Revisited

Brad Barrett's daughter just graduated high school. She's heading to college in a few months. The number of times he'll see her for the rest of his life? Already countable. This realization—visceral a...

20 Jul 1h 13min

607 | Other Mountains I Want to Climb | Diania Merriam

607 | Other Mountains I Want to Climb | Diania Merriam

Reaching financial independence is supposed to be the goal—but what if you get there and realize the real skill isn't earning or saving, but learning to spend? And what if the metric for business succ...

13 Jul 1h 21min

606 | Deep Dive: Target-Date Retirement and Bond Funds | Cody Garrett

606 | Deep Dive: Target-Date Retirement and Bond Funds | Cody Garrett

Most investors think they're buying the same thing when they choose a target date fund—but two people who bought 2025 target date funds 15 years ago could have 40% different returns today. Same target...

6 Jul 1h 8min

605 | Retire in Less Than 10 Years

605 | Retire in Less Than 10 Years

At 21, Cody Berman appeared on ChooseFI as a college student discovering financial independence. Three years later, he retired at 26. Now 30 with a $5 million net worth, he's back to reveal exactly ho...

29 Jun 1h 7min

604 | Getting Personal With Personal Finance: Bill Yount

604 | Getting Personal With Personal Finance: Bill Yount

Bill Yount reached financial independence at 60—then froze. His financial advisor confirmed 100% security, yet instead of relief, he felt disoriented fog. The emergency medicine physician who transfor...

22 Jun 1h

603 | Crash Proof: The Science Of Stock Market Resilience | Brian Feroldi

603 | Crash Proof: The Science Of Stock Market Resilience | Brian Feroldi

The stock market crashes about once every three years—at least a 20% drop. Most investors panic and sell. But if you understood why markets always recover, you'd do the opposite. Brian Feroldi reveals...

15 Jun 51min

602 | FI 201 Beyond FI Basics: Asset Allocation & Market Psychology Mastery

602 | FI 201 Beyond FI Basics: Asset Allocation & Market Psychology Mastery

Most investors lose to the market because they're trying to pick winners in a game where only 4% of stocks have created 100% of market wealth over the past century. The math isn't in your favor—but th...

8 Jun 1h 1min

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