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All Forum Posts by: Chad Carson

Chad Carson has started 9 posts and replied 173 times.

Post: New Book: Retire Early with Real Estate by Chad Carson

Chad Carson
Posted
  • Investor
  • Clemson, SC
  • Posts 179
  • Votes 156
Originally posted by @Jon P.:

ordered the book last week. very excited to sit down and read it.  found Chad's recent podcast fascinating.

 Thank you for the book order, Jon! Let me know what you think. Hope it's helpful for you. 

Post: New Book: Retire Early with Real Estate by Chad Carson

Chad Carson
Posted
  • Investor
  • Clemson, SC
  • Posts 179
  • Votes 156
Originally posted by @Todd Fithian:
@Chad Carson just finished listening to your most recent podcast and man if I could borrow your brain for a year or so I promise I'll give it back in tact haha loved it. Stoked to read your book man.

 Ha, Ha. Thanks Todd. The best I can do is chat over a beer, walk, or bike ride.  But I don't go far from Clemson, SC these days - so you'll have to come this way:) 

I appreciate you getting the book, and I hope it'll be helpful for you!

Post: New Book: Retire Early with Real Estate by Chad Carson

Chad Carson
Posted
  • Investor
  • Clemson, SC
  • Posts 179
  • Votes 156
Originally posted by @Ericka Williams:

Oh wow. Clemson SC is booming. Thank that clemson football. I look forward to the book. Carolina girl living in a hot austin texas market. 

 Isn't that amazing how a national championship affects real estate?! It sure is booming in Clemson. Lots of new construction and growth. 

Thanks for getting the book! 

Post: Beginner Investor seeking guidance

Chad Carson
Posted
  • Investor
  • Clemson, SC
  • Posts 179
  • Votes 156

Hey William! Hope to see you at Metrolina REIA on the 20th. Thanks for the mention @Don Harris. You will meet a lot of awesome people. And hopefully you can pick up a thing or two from my presentation. Be sure to come introduce yourself after!

Post: Ep 293. Retire Early w Real Estate & Do What Matters -Chad Carson

Chad Carson
Posted
  • Investor
  • Clemson, SC
  • Posts 179
  • Votes 156
Originally posted by @Morris Cohen:

I have a question about the podcast. I’m not sure if it’s better to post it here or in the forums. In the “deep dive” Chad mentioned he purchased a property at a tax sale and there happened to have been a mortgage on it. Are you required to pay that mortgage off or does it go away when you are given the tax deed?

 Hey Morris - in South Carolina where I invest, a tax deed "wipes out" the mortgage and that lender loses their money because the property taxes are in superior position to the mortgage. That's why I was surprised the mortgage company didn't pay the taxes when they received notice. It was a big mistake on their part. 

Post: New Book: Retire Early with Real Estate by Chad Carson

Chad Carson
Posted
  • Investor
  • Clemson, SC
  • Posts 179
  • Votes 156
Originally posted by @Anthony Atiase:

I just listened to the bigger pockets podcast with you as a guest. It was awesome. I just purchased your book and look forward to reading it. Please let me know if you plan on doing any seminars or meetups in Charlotte, NC. 

Thanks Anthony! I'm speaking at Metrolina REIA in Charlotte on September 20th. Hope to see you there!

Post: New Book: Retire Early with Real Estate by Chad Carson

Chad Carson
Posted
  • Investor
  • Clemson, SC
  • Posts 179
  • Votes 156

Thanks all who ordered it and gave positive feedback!! Can't wait for you to get it and I hope it's helpful with your real estate early retirement plans.

@Lane Babin - the book is delivered in .mp3 format when you buy it on BiggerPockets. So, you and your wife will both be able to share access. 

And for better or worse you'll get my voice - not a voiceover professional!

@Mike Dymski -  I really appreciate you saying that. 

@Logan M. Gibbons - glad you were there in Greenville at the talk. And thanks for getting the book.

@John Lingo - thanks for preordering the book! Best of luck to you. 

Post: Should we accept this Tenant??

Chad Carson
Posted
  • Investor
  • Clemson, SC
  • Posts 179
  • Votes 156

I agree with Will. Stick to your credit criteria. 

It is POSSIBLE this couple could work out, but they let that drama into their life. And there is a good chance history will repeat itself. 

I also understand you may be anxious to get rent coming in. But an extra month of vacancy will cost less than an eviction and bad tenant. 

Good luck!

Post: Pass-Thru Deduction, Landlords, New Regs

Chad Carson
Posted
  • Investor
  • Clemson, SC
  • Posts 179
  • Votes 156

@John Hyre - great to see you posting on BP. And this is excellent information. Thank you for doing the hard work of research on the topic and sharing it with all of us.

Clearly there is a lot of grey in this (and many other tax law areas), but I like how you explain the risks, rewards, and worst case scenarios so that we can make intelligent decisions. That entrepreneurial kind of thinking with tax decisions is not common.

Post: Opinion on Buy & Holds in College Towns

Chad Carson
Posted
  • Investor
  • Clemson, SC
  • Posts 179
  • Votes 156
Originally posted by @Will Gaston:

Regarding location, I have found in my portfolio that proximity to classes are overrated.

My properties near anything fun (i.e. bars in Five Points or football stadium) are always in the highest demand. 

Good distinction Will. My town is small and being close to campus also puts you close to the bars, etc. And the more general rule is study your tenants and know what's important to them. I like to rent to grad students and professors as well, and proximity to bars isn't as important. But proximity to parks, the campus, quiet neighborhoods, etc is. All depends on your customer base.