#500: What My Dad Taught Me About Money, Freedom, & Life

⭐ Get my coaching & community to achieve financial freedom →  https://www.coachcarson.com/rpm-pod-500   ⚒️Get my best investor tools for FREE →  https://www.coachcarson.com/toolkit-pod-500   ▶️Next Episode: How to Become Financially Free with 5 Small & Simple Rentals Apple: https://podcasts.apple.com/us/podcast/357-how-to-become-financially-free-with-5-small-simple/id1448707654?i=1000665864424 Spotify: https://open.spotify.com/episode/336CUBMafiXziE1NfdMh8O?si=MX98eU8FQD-bWo5hIcFfZg -------------------------- EPISODE NOTES: 🎬 Topics Covered: (0:00) - What my dad taught me about money, freedom, and life (0:48) - The fridge that almost made me HATE real estate (4:23) - Why kids need to learn how to work (7:25) - The budgeting habit that helped them buy their first house (10:16) - The accounting job that opened Tom's eyes to real estate (13:02) - Why independence became a lifelong habit (14:52) - Why real estate is a wealth-building tool anybody can learn (19:18) - Dad bought 24-units for $200 down  (21:22) - Dad bought the worst deal of his life (25:55) - Don't buy in the wrong location (29:57) - The 28-house portfolio that looked better on paper (33:32) - Can you manage rentals with a job and family? (36:27) - How deferred maintenance can destroy a portfolio (40:08) - The hardest phase of building real estate wealth (44:25) - When taking a loss is the smarter move (47:06) - What debt-free properties give you that leverage can't (51:34) - People FIRST in real estate.  (55:12) - How to Become Financially Free with 5 Small & Simple Rentals 🎙️ Episode #500 - Before I ever taught financial freedom, I watched my dad build it…through purchasing 200 houses, hard-knock mistakes, and choices that created something more valuable than money: time. We're unpacking his lessons about work, family, real estate, and what "enough" really looks like.   📄 Show Notes: https://www.coachcarson.com/lifelessonsfromdad/ -------------------------- ADDITIONAL RESOURCES  💵 Need Investor-Friendly Financing?  This is who I trust → https://www.coachcarson.com/bryan   🏠 TurboTenant – Streamline Your Property Management for Free: https://www.coachcarson.com/turbotenant-yt   📱 DealMachine – Software to help you buy more real estate deals:  https://www.coachcarson.com/dealmachine-YT