14 No-Debt Rental Properties After Starting With a Waitress Salary

Рет қаралды 25,505

Күн бұрын

My new coaching & learning community, Rental Property Mastery is now LIVE.
Join us here: 👉👉www.coachcarson.com/RPM-YT
Episode 208 - Learn how Ashley Hamilton started her real estate journey as a waitress making $2/hour. She now has 24 properties, 14 of them owned debt-free! You'll learn the specific steps she took, where she got the money, how she learned to invest, and what obstacles she faced. You'll also learn about her home market, Detroit, which along with other lower-priced markets, unfairly gets overlooked by many investors.
Show notes: coachcarson.com/AshleyHamilton
Reach out to Ashley!
detroit_investor
www.ashleyhamiltonconsults.com
TIMESTAMPS:
0:00 - Intro
6:19 - Grew up poor but grateful for my childhood
9:35 - 2 powerful quotes that changed my life
14:36 - Challenges of buying in Detroit in 2009
16:54 - Bought my 1st property with my tax return
21:12 - Goal of buying 1 property per year
24:46 - FI after 10x'ing my portfolio
28:49 - Retired, but have so much to give back
31:33 - Passing down legacy onto the kids
38:53 - The market is not too expensive
44:52 - Always buy with the consumer in mind
49:07 - Section 8 Rentals?
52:07 - Parts of Detroit developed. Others need help
57:26 - Address the Education Gap
1:00:54 - Advice for those on the road to FI
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💲CREATIVE FINANCING COURSE🏘️
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! coachcarson.com/creativefinancing-YT
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🧰MY FAVORITE REAL ESTATE & MONEY TOOLS:
- American IRA - invest your retirement accounts into alternative investments like real estate, private loans, partnerships, crypto, and more - www.coachcarson.com/americanI...
- Avail.co - If you're a small landlord self-managing between 1 to 20 rental units, this is a fantastic (FREE) online rental management software to help you collect rent, market vacant units, screen tenants, and more - www.coachcarson.com/avail-YT
- Deal Machine - software to help you buy more real estate deals - www.coachcarson.com/dealmachi...
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Пікірлер: 104

@junny1871 2 жыл бұрын

Ashley rocks. She’s a prim example of a true Detroiter (stop playin) took her tax return money and got busy. True entrepreneur👍🏿👍🏿👍🏿💪🏿

@CoachChadCarson 2 жыл бұрын

She's one of the most true entrepreneurs I've ever met! For sure.

@terryward1374 Жыл бұрын

Detroit Hustles Harder

@Aulluralv444 Жыл бұрын

Truly an inspiration same Story coming from Norfolk Virginia section 8 life is definitely a trap and she hustled and got out the system. 👌🏽🙏🏽 she has a pure heart of gold and a go getter. Love this video and her story thanks for sharing needed this

@josephsmith8389 2 жыл бұрын

What a story! This lady is so inspiring. All excuses are gone. She is changing the family tree and many other lives in the process.

@CoachChadCarson 2 жыл бұрын

agree 100%! Ashley is an excuse buster:)

@CraigCastanet 8 ай бұрын

The best of America, this lady. No excuses. No nonsense. No victimhood. Just courage and character when others would lose hope. God bless this lady. This is how you destroy WOKEISM. Everyone cheers these stories because Americans love grit and great stories.

@shericebsperspective2631 Жыл бұрын

She's amazing! And a great example of working HARD for what you want! I'm so inspired!

@amjds1341 2 жыл бұрын

Obviously back in 2009 houses were cheap as F. Glad that you guys took advantage of all this at right time. Hats off to her

@ln5747 9 ай бұрын

Jobs market was horrendous though.

@jordonbell9733 2 жыл бұрын

It’s hard to find “real life” real estate stories you can relate to sometimes. Love the guest you bring on your podcast coach

@CoachChadCarson 2 жыл бұрын

Thank you Jordan! I love to hear this feedback, and I am glad you found this and other content helpful. Best of luck with your own financial journey.

@zionrose007 5 ай бұрын

Coach this illustrates; discipline, focus, action plan, and execution. Thank you!

@CoachChadCarson 5 ай бұрын

Absolutely! Thanks for watching

@portiapotter7513 2 жыл бұрын

I enjoyed Ashley’s story. Very inspiring to say the least. Keep providing value & education!

@CoachChadCarson 2 жыл бұрын

Glad you enjoyed it! I agree - Ashley's story was SO inspiring. Thank you for watching and commenting.

@tadeager1804 2 жыл бұрын

Fantastic interview! Ashley is an INSPIRATION !!

@CoachChadCarson 2 жыл бұрын

agreed! Thanks for watching.

@adelitavalle1852 6 ай бұрын

Ashley is so brilliant and resourceful.

@CoachChadCarson 6 ай бұрын

Agreed!

@kellygibson7299 2 жыл бұрын

Thank you Ashley & Chad. Awesome information and I love the story of how Ashley just got started when others allowed their money to slip through their fingers after tax time. I’m so thankful to be around this community of investors who continue to inspire me everyday.

@CoachChadCarson 2 жыл бұрын

Well said Kelly! Thanks for watching and commenting.

@JRNurse2013 Ай бұрын

Sadly, most young people will not listen (me included back in the day). How wise of her to realize so young that delayed gratification pays off.

@mylesmikieal Ай бұрын

Great Interview

@bernadettepineda4179 Ай бұрын

This is so inspiring! Thank you Ashley for sharing your story. Thank you Coach. My take away - lesson in life

@CoachChadCarson Ай бұрын

You are so welcome! thanks for watching. Agree - Ashley is one of the most inspiring people I know.

@kiaunscustomsllc 2 жыл бұрын

Great interview!

@nelsonbran4628 7 ай бұрын

What an amazing story. Bravo 👏

@charlesstutts4578 7 ай бұрын

What a wonderful interview and success story! You are an awesome landlord and business person!

@FB-osi 2 жыл бұрын

One of the best interviews I’ve heard in 2022! Thank you for sharing. Legacy is the only history teller that will allow families to understand the fruits of your labor!

@CoachChadCarson 2 жыл бұрын

Thank you for watching!

@bipi4363 2 жыл бұрын

Great interview. I really love Ashley's story.

@CoachChadCarson 2 жыл бұрын

thanks for watching!

@PlayYourSongz 7 ай бұрын

I love her videos, great job coach.

@CoachChadCarson 7 ай бұрын

Thanks so much!

@brocksmith1077 2 жыл бұрын

Great video! Thanks so much!

@CoachChadCarson 2 жыл бұрын

Glad it was helpful!

@sheritacotten5293 2 жыл бұрын

Truly inspiring my shereo the sky is the limit no excuses where there is a will there is a way

@tlkendall29 Жыл бұрын

Wow! You are such an inspiration! Thank you🙌🏼

@CoachChadCarson Жыл бұрын

Agreed! She really is.

@ShizzieShizz73 Жыл бұрын

College is a waste of time, for most. It's a cool expensive experience, but that depends on where you go!! No need to waste that money if you don't have to.

@thorarthur66ddz 2 жыл бұрын

Great interview. Inspiring story

@CoachChadCarson 2 жыл бұрын

thank you!

@gsmith4502 2 жыл бұрын

Awesome story. Great job Ashley!

@CoachChadCarson 2 жыл бұрын

Thanks for listening

@raynellwilliams706 Жыл бұрын

I’m just starting out myself. Ashley dropped so much valuable insights.

@CoachChadCarson Жыл бұрын

Glad you found the interview helpful. Ashley is awesome!

@dorisgallman7113 2 жыл бұрын

Awesome!!! Go Ashley!!!

@CoachChadCarson 2 жыл бұрын

Thanks for watching!

@robertcolon4998 10 ай бұрын

Great story she did great job and included her kids to work with her thats a key because they will remember and they will understand better what mom was doing to give her kids a better future and have them get educated wao

@glefort 6 ай бұрын

13:29 Love this!!

@CampsitePyro Жыл бұрын

Coach, this is a really good interview. Keep them coming! Also, do you have any information/videos on 1031 exchanges and also pursuing a real estate license? Thank you.

@CoachChadCarson Жыл бұрын

this is a good interview where I guy used a 1031 Exchange: kzfaq.info/get/bejne/kLqmkrx-3cy4gps.html For real estate license, I don't have as much info. @grahamstephan has good stuff on that.

@tracyneighbors7059 Жыл бұрын

GREAT STORY, THANK YOU!

@CoachChadCarson Жыл бұрын

Glad you enjoyed it! Thanks for watching!

@gonoenriquez26.2 2 жыл бұрын

Great video!

@CoachChadCarson 2 жыл бұрын

Thanks!

@gilbertjean-louis4826 Жыл бұрын

Amazing 👏 congrats!

@kashfortheking Жыл бұрын

She did what she had to. That’s the American 🇺🇸 Dream 🫡

@CoachChadCarson Жыл бұрын

Thanks for watching!

@jakethehitman-187 Жыл бұрын

This is awesome

@ZedGirl Жыл бұрын

@33:00 Kids Legacy Goals 1. Car paid off 2. Investment property 3. Good credit 4. Graduated college debt free (Have a business, bonus 5) 😀

@CoachChadCarson Жыл бұрын

I love these goals!

@figo007tv Жыл бұрын

This was good 👍🏾

@CoachChadCarson Жыл бұрын

Thank you for watching!

@ZoriGV 9 ай бұрын

What a lovely woman🙂

@vmv--5409 2 жыл бұрын

Hello Good Afternoon , I do have a Question for you : What about Seller Financing , Example : I have a few acres of Land that I am buying using Owner Financing & I make monthly payments on this Land . Can I Make better investment progress with this land ? & Can you help one accomplish this ? Thank you for your time in reading this -- Mike

@CoachChadCarson 2 жыл бұрын

what's your goal with the land? Can you develop it (i.e. build something on it to sell or rent)?

@amjds1341 2 жыл бұрын

The way housing market is going now, do you think is it possible now?

@CoachChadCarson 2 жыл бұрын

Not the exact same prices. But in some parts of country - more rural markets or cities like Detroit - prices are still very approachable. But most of major metro areas are different with prices.

@jessescott3558 11 күн бұрын

❤

@ericgraham3506 2 жыл бұрын

What property management software does Coach Carson use?

@CoachChadCarson 2 жыл бұрын

When I self managed 60 units we used Buildium. Now we have property managers for most, but the ones we manage I recommend Avail or Rent Marketplace..

@ericgraham3506 2 жыл бұрын

@@CoachChadCarson thank you so much. I’m stuck on Avail or Innago. Can you tell me why Avail is your go to?

@CoachChadCarson 2 жыл бұрын

Avail - free (biggest one for small landlords I recommend to), better user and customer experience than apartment.com and others I've seen, has all the features and capabilities I need as small landlord.

@djgainsbond 2 жыл бұрын

🎁 Coach

@CoachChadCarson 2 жыл бұрын

🙌

@DNOJ 2 жыл бұрын

Why haven’t those other areas turned around ?

@leakingcavity 2 ай бұрын

Super inspiring story, well done Ashley

@sheritacotten5293 2 жыл бұрын

Black girl magic

@priceandpride 2 жыл бұрын

Bring more disadvantaged people up

@maritestaylor8458 Жыл бұрын

😊😊😊😊😊😊😊😊😊 thanks

@CoachChadCarson Жыл бұрын

Thank you too!

@amjds1341 2 жыл бұрын

Damn

@Jetsetfastfood Жыл бұрын

I LOVE her!!!!!

@CraigCastanet 8 ай бұрын

No excuses. FULL STOP.

@dynodin81 2 жыл бұрын

Dang, everybody that I see in these type of videos started in 2008/2009 housing crash. Hmmm,

@CoachChadCarson 2 жыл бұрын

It does seem that way sometimes, doesn't it! I started in 2003, which was a competitive market more like this. Then I had to hang on through the 2007-2009 recession when things tanked!

@TechnoDadLife 2 жыл бұрын

We started in 2019. We have bought five two families and have two paid off. Will pay off third this year. Should fire at the end of this year.

@LEADEXECUTIVE 2 жыл бұрын

Many others, like myself started in 2020 ((Covid 19 lockdown). The perfect start is when YOU start.

@HappyPenguin75034 Жыл бұрын

@@TechnoDadLife you have a good paying job I assume.

@freedomworks3976 4 ай бұрын

Did she say I love the government ???

@DNOJ 2 жыл бұрын

500k look small now

@dynodin81 2 жыл бұрын

Everybody is being greedy now…so should I be fearful?

@CoachChadCarson 2 жыл бұрын

Yes, it's good to be careful with your purchases now. But for me careful doesn't mean sitting it out. It just means making sure you buy deals that cash flow, that have long-term financing, and that you have enough cash reserves on. If you follow those rules and buy in a good location, you can withstand most ups and downs of the market.

@dynodin81 2 жыл бұрын

@@CoachChadCarson Thanks for sharing your knowledge and experience - Sometimes it gets a bit scary knowing what happened in 2008 and for those that bought at the wrong time. Thanks for teaching and taking the time to respond. 👍