<description>&lt;p&gt;โญ Join Rental Property Mastery, my community of rental investors on their way to financial freedom:&lt;br /&gt; &lt;a href= "http://coachcarson.com/rpm"&gt;http://coachcarson.com/rpm&lt;/a&gt;&lt;/p&gt; &lt;p&gt;ย &lt;/p&gt; &lt;p&gt;๐ŸŽ™๏ธ Episode #369 โ€“ Trying to decide between buying more rentals or paying down debt to reach financial freedom? Iโ€™ll share my own story of facing this BIG choice, along with insights from one of the wisest investors I know, Erion Shehaj, whoโ€™s tackling the same question. Find out which path could be right for you!&lt;/p&gt; &lt;p data-pm-slice="1 1 []"&gt;ย &lt;/p&gt; &lt;p data-pm-slice="1 1 []"&gt;Next Episode:&lt;br /&gt; How Much Tax I Paid When I Sold a Rental Property&lt;br /&gt; &lt;a class="ProsemirrorEditor-link" href= "https://youtu.be/SgNXl8eqa2U"&gt;https://youtu.be/SgNXl8eqa2U&lt;/a&gt;&lt;/p&gt; &lt;p&gt;ย &lt;/p&gt; &lt;p&gt;๐Ÿ“„ Show Notes:&lt;br /&gt; &lt;a class="ProsemirrorEditor-link" href= "https://www.coachcarson.com/rentalsvsdebt/"&gt;https://www.coachcarson.com/rentalsvsdebt/&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;br /&gt; ๐ŸŽฌ Timestamps:&lt;/p&gt; &lt;p&gt;0:00 - Pay off debt or keep growing?&lt;/p&gt; &lt;p&gt;0:43 - 3 stages of a rental property&lt;/p&gt; &lt;p&gt;6:12 - How to know when you've won the game?&lt;/p&gt; &lt;p&gt;9:16 - Erion's personal journey + blueprint for investing&lt;/p&gt; &lt;p&gt;14:07 - Transitioning from the growth to harvesting phase&lt;/p&gt; &lt;p&gt;19:33 - Planning from a mini harvester phase vs going all in&lt;/p&gt; &lt;p&gt;23:27 - The planning phase&lt;/p&gt; &lt;p&gt;33:54 - Finding a balance in investing&lt;/p&gt; &lt;p&gt;41:46 - Chad's recommendation for increasing cash flow&lt;/p&gt; &lt;p&gt;43:04 - When to transition to the next investing phase&lt;/p&gt; &lt;p&gt;48:14 - Connect with Erion&lt;/p&gt; &lt;p&gt;49:20 - How Much Tax I Paid When I Sold a Rental&lt;/p&gt; &lt;p&gt;ย &lt;/p&gt; &lt;p data-pm-slice="1 3 []"&gt;๐Ÿ”— Connect with Erion Shehaj:&lt;br /&gt; Website: &lt;a class="ProsemirrorEditor-link" href= "https://investingarchitect.com/"&gt;https://investingarchitect.com/&lt;/a&gt;&lt;br /&gt; Instagram:ย &lt;a class="ProsemirrorEditor-link" href= "https://www.instagram.com/investingarchitect/"&gt;https://www.instagram.com/investingarchitect/&lt;/a&gt;&lt;/p&gt; &lt;p&gt;ย &lt;/p&gt; &lt;p&gt;_________________________________________________________&lt;/p&gt; &lt;p dir="ltr"&gt;โš’๏ธ Get my FREE Real Estate Investor Toolkit:&lt;br /&gt; &lt;a href= "https://www.coachcarson.com/toolkit-pod"&gt;https://www.coachcarson.com/toolkit-pod&lt;/a&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;ย &lt;/p&gt; &lt;p dir="ltr"&gt;๐Ÿ–ฅ๏ธ My Real Estate Courses:&lt;/p&gt; &lt;p dir="ltr"&gt;*FREE COURSE* Find Your Focus in Real Estate for Beginners:&lt;br /&gt; &lt;a href= "https://www.coachcarson.com/fyf"&gt;https://www.coachcarson.com/fyf&lt;/a&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;30 Days to a Better Rental Investor:&lt;br /&gt; &lt;a href= "https://www.coachcarson.com/30days"&gt;https://www.coachcarson.com/30days&lt;/a&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;Creative Financing for Real Estate Investors:&lt;br /&gt; &lt;a href= "https://www.coachcarson.com/creativefinancing"&gt;https://www.coachcarson.com/creativefinancing&lt;/a&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;ย &lt;/p&gt; &lt;p dir="ltr"&gt;My Books:&lt;/p&gt; &lt;p dir="ltr"&gt;๐Ÿ“˜ The Small &amp; Mighty Real Estate Investor&lt;br /&gt; ๐Ÿ“™ Retire Early with Real Estate&lt;br /&gt; &lt;a href= "https://www.coachcarson.com/books-pod"&gt;https://www.coachcarson.com/books-pod&lt;/a&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;ย &lt;/p&gt; &lt;p dir="ltr"&gt;๐Ÿ‘‹ Connect with Me:&lt;br /&gt; ๐Ÿ“ธ &lt;a href= "https://www.instagram.com/coachchadcarson"&gt;https://www.instagram.com/coachchadcarson&lt;/a&gt;&lt;br /&gt; ๐Ÿ‘ &lt;a href= "https://www.facebook.com/coachchadcarson"&gt;https://www.facebook.com/coachchadcarson&lt;/a&gt;&lt;br /&gt; ๐Ÿฆ &lt;a href= "https://twitter.com/CoachChadCarson"&gt;https://twitter.com/CoachChadCarson&lt;/a&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;ย &lt;/p&gt; &lt;p dir="ltr"&gt;๐Ÿ’ฐ DealMachine โ€“ Software to help you buy more real estate deals: &lt;a href= "https://www.coachcarson.com/dealmachine"&gt;https://www.coachcarson.com/dealmachine&lt;/a&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;ย &lt;/p&gt; &lt;p dir="ltr"&gt;๐ŸŒ For everything else: &lt;a href= "https://www.coachcarson.com"&gt;https://www.coachcarson.com&lt;/a&gt;&lt;/p&gt;</description>

Real Estate Investing with Coach Carson

Chad Coach Carson

#369: Should I Buy More Rentals or Pay Off Debt? (Hereโ€™s What I Did)

NOV 11, 202449 MIN
Real Estate Investing with Coach Carson

#369: Should I Buy More Rentals or Pay Off Debt? (Hereโ€™s What I Did)

NOV 11, 202449 MIN

Description

โญ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: http://coachcarson.com/rpm

ย 

๐ŸŽ™๏ธ Episode #369 โ€“ Trying to decide between buying more rentals or paying down debt to reach financial freedom? Iโ€™ll share my own story of facing this BIG choice, along with insights from one of the wisest investors I know, Erion Shehaj, whoโ€™s tackling the same question. Find out which path could be right for you!

ย 

Next Episode: How Much Tax I Paid When I Sold a Rental Property https://youtu.be/SgNXl8eqa2U

ย 

๐Ÿ“„ Show Notes: https://www.coachcarson.com/rentalsvsdebt/

๐ŸŽฌ Timestamps:

0:00 - Pay off debt or keep growing?

0:43 - 3 stages of a rental property

6:12 - How to know when you've won the game?

9:16 - Erion's personal journey + blueprint for investing

14:07 - Transitioning from the growth to harvesting phase

19:33 - Planning from a mini harvester phase vs going all in

23:27 - The planning phase

33:54 - Finding a balance in investing

41:46 - Chad's recommendation for increasing cash flow

43:04 - When to transition to the next investing phase

48:14 - Connect with Erion

49:20 - How Much Tax I Paid When I Sold a Rental

ย 

๐Ÿ”— Connect with Erion Shehaj: Website: https://investingarchitect.com/ Instagram:ย https://www.instagram.com/investingarchitect/

ย 

_________________________________________________________

โš’๏ธ Get my FREE Real Estate Investor Toolkit: https://www.coachcarson.com/toolkit-pod

ย 

๐Ÿ–ฅ๏ธ My Real Estate Courses:

*FREE COURSE* Find Your Focus in Real Estate for Beginners: https://www.coachcarson.com/fyf

30 Days to a Better Rental Investor: https://www.coachcarson.com/30days

Creative Financing for Real Estate Investors: https://www.coachcarson.com/creativefinancing

ย 

My Books:

๐Ÿ“˜ The Small & Mighty Real Estate Investor ๐Ÿ“™ Retire Early with Real Estate https://www.coachcarson.com/books-pod

ย 

๐Ÿ‘‹ Connect with Me: ๐Ÿ“ธ https://www.instagram.com/coachchadcarson ๐Ÿ‘ https://www.facebook.com/coachchadcarson ๐Ÿฆ https://twitter.com/CoachChadCarson

ย 

๐Ÿ’ฐ DealMachine โ€“ Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine

ย 

๐ŸŒ For everything else: https://www.coachcarson.com