Coach Carson | How to Be a Remote Real Estate Investor - With Michael Albaum from Roofstock @CoachChadCarson | Uploaded December 2022 | Updated October 2024, 2 hours ago.
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🎙️ Episode 270 – Learn how to invest remotely in rental properties from a long distance. In this interview, Coach Carson interviews Michael Albaum, host of the Remote Real Estate Investor podcast and head coach at the Roofstock Academy. Michael lives in California and invests all over the country, including turnkey rentals, short-term rentals, and remote remodel projects.

📄 Show Notes: coachcarson.com/remoteinvestor

🎬 Timestamps:
0:00 - Remote vs. Local
1:57 - Behind the scenes
4:52 - Simple over Big
6:52 - What is value-add?
9:28 - Hard lessons of remodel project
10;49 - Where should you start?
12:20 - Remote is harder than local
14:54 - What is Turnkey?
20:54 - Fundamentals make a good deal
24:26 - Cashflow metrics to follow
28:37 - The buy box
30:55 - Practical approach
35:58 - Importance of farm areas
41:05 - Double due diligence for Turnkey
48:59 - Best way to use Roofstock
52:42 - Striving towards FI

🔗 Connect with Michael:
• LinkedIn: LinkedIn.com/in/Michael-Albaum-297a8534
• Twitter: twitter.com/MichaelAlbaum

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📘 The Small & Mighty Real Estate Investor: coachcarson.com/smallandmighty
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