How a Part-Time Investor Bought an OLD Duplex Rental Property

Episode 283 - With only a partial inspection, Mike wishes he caught these glaring red flags before purchasing his 1920s duplex. The mistakes he made have forever changed him as an investor.  

📑 COMPANION ARTICLE/SHOW NOTES: https://www.coachcarson.com/1920duplexrental/

Mike's Email: [email protected]


🎬 TIMESTAMPS:
0:00 - Hook
0:33 - Chad's Intro
1:43 - Mike's career and backstory
7:43 - Mike's buy box
11:00 - How Mike found the deal
14:33 - The bidding process
18:30 - Mike's due diligence
22:00 - Mike's financing plan
32:06 - The first two weeks of owning the property
39:58 - The process of getting the property rented
47:13- Running the final numbers
53:59 - Mike's biggest takeaways
57:06 - Mike's advice for listeners
58:10 - How to get in touch with Mike
58:46 - Chad's outro


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💲RENTAL PROPERTY ANALYSIS🏘️
My online course teaches EXACTLY how I run the numbers and confidently analyze rental properties that produce cash flow and build wealth (and it includes my actual property analysis spreadsheet!): https://www.coachcarson.com/RPA-YT
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