Hello my friends, and welcome to another episode of Passive Real Estate Investing. I'm your host, Marco Santarelli. You know, I'm bringing a good friend and a past guest back onto the show today. It's Chad Carson, or he's also known as Coach Carson. Great guy. He reached out to me just not long ago and he said, Hey, I have a book coming out and I want you to take a look at it. So I did. I took a look at it and I thought it was great. It's just another perspective and approach and view on real estate investing. And so for those of you who are not familiar with Chad or haven't heard the past episode in the past, Chad or many people know him as Coach Carson is an author. He's an investor, obviously a podcaster, a lifelong learner. And he used real estate investing to achieve financial independence in his thirties.

So he's done what a lot of us always aspire to do or think about doing. But he's publishing a new book soon called The Small and Mighty Real Estate Investor. How's that for a title? He sees the book essentially as a manifesto and guidebook for small rental property investors. And these are people who simply want to create financial independence and time freedom, not the, you know, the 10 Xers, the go big or watch me until I scale to the moon type of people out there. This is kind of like in the way I look at it, it's kind of like the building blocks or building bricks to build up a passive income portfolio without having to have goals that essentially are reaching for the stars. Why not hit the moon?

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So with that chat, hey, welcome to the show.

Great to be back Marco. Thanks for having me and appreciate that intro.

Yeah, no, it's great to have you back. Now for everybody to know you're actually in a d much different time zone cuz you're still in Spain. You're on a l a long vacation with your family. Is that true?

Yes. So we, I'm in Grenada, Spain, so if anybody's been to southern Spain, it's the kind of older, hotter part of Spain. It's about 104 degrees out outside today. I was just telling Marco that before we got on the call today. But we've been on an adventure. I have a 12 year old daughter, 10 year old daughter, my wife. And we moved to Spain for a year and at least for us, kind of part of our bigger picture story as we like to have the time freedom to travel and not only take vacations but also live different places. My wife teaches Spanish. We wanted our kids to become fluent in Spanish. So we decided to enroll them in schools here in Spain. And I took Spanish classes every week. I still kind of do my thing podcasting here and there, writing a book, but this has been a year for me just to get away from the normal routine. My wife has been teaching English, she's also taking classes here locally. So yeah, that's, that's been our, our experience for the last 12 months. And you know, real estate's always at the foundation of that though. That's what's enabled us because I've been doing it now two decades, 20, 21 years and build, building up to this point where you have enough income and also enough free time to be able to make this kind of stuff happen has been, it's been my goal and what I like to share about.

Well, that's huge. You basically are spending a year in Spain using the rental income from your portfolio and not necessarily working a W2 or active job in order to support yourself. You're basically doing it off passive income, right?

Correct. That's it. Yeah. I mean, a hundred percent of a hundred percent of what we spend in over here in Spain and we're not skipping either. We spend about eight to 10 grand a month. Somewhere in there is is rental income. So yeah, that's, I I do have other businesses and I teach a few classes here and there, but I've taken a sabbatical sabbatical from that this year as...