#291: How to Buy Rental Properties That Cash Flow in 2023 - with John Schaub

Episode #291 - John Schaub has been investing in rentals for 5 decades, and he's seen high interest rates, recessions, inflation, and more. In this interview, he shares his advice for investors in 2023 about how to structure deals that cash flow today and build wealth over the long run. Whether you're a new investor or more experienced, you'll benefit from his perspective and grounded investing wisdom.  📑COMPANION ARTICLE/SHOW NOTES: https://www.coachcarson.com/cash-flow-rentals-2023-Schaub Links:  Updated Book - Building Wealth One House at a Time: https://amzn.to/41W6mDR John's website: https://www.johnschaub.com/ John's seller financing course: https://www.johnschaub.com/product/buying-and-selling-with-owner-financing/ 2021 Interview with John: https://www.coachcarson.com/johnschaub2021/ 🎬 AUDIO TIMESTAMPS:  0:00 - Hook/Intro 3:13 - Business and Rental Licenses 5:41 - Where is the economy in 2023? 11:00 - The fundamentals for real estate investors 14:42 - Types of locations to look for 19:52 - Types of properties to look for 24:27 - Economics of a good investment property 34:03 - Sample investment deal 43:23 - The BRRRR Method 46:15 - Tips on investing later in life 49:21 - Making decisions as an investor 54:45 - John talks about his book 56:30 - Outro ______________________ 🧰MY FAVORITE REAL ESTATE & MONEY TOOLS: - Deal Machine - software to help you buy more real estate deals https://www.coachcarson.com/dealmachine __________ 💰CREATIVE FINANCING COURSE🏘️Learn to finance your deals successfully, even with high interest rates. My online course teaches you how to use non-traditional funding sources for real estate, like private money, self-directed retirement accounts, seller financing, lease options, subject-to, and more. Includes paperwork! https://coachcarson.com/creativefinancing __________ 🎧SUBSCRIBE to the podcast for more episodes about how to achieve financial independence and do what matters using real estate investing! https://coachcarson.com/podcast ---------------- ▶️WATCH my YouTube channel - Coach Carson TV - for tutorials, tips, strategies, and interviews https://www.youtube.com/user/CoachChadCarson?sub_confirmation=1 ---------------- 📋 GET MY FREE REAL ESTATE INVESTOR TOOLKIT https://coachcarson.com/reitoolkit ---------------- FOLLOW ME ON INSTAGRAM 📸 https://www.instagram.com/coachcarson1/ ---------------- READ MY BOOK ON RETIRING EARLY 📚 https://www.coachcarson.com/retirementbook ---------------- 👋👋 SAY HI ON SOCIAL https://www.facebook.com/coachchadcarson/ https://twitter.com/CoachChadCarson