In this episode, Seun Adeyemi interviews Dr. Chad Carter about investing in the US real estate market. Seun expresses frustration with the Canadian real estate market and its pro-tenant regulations. Dr. Chad shares his journey into the US market and his first property purchase. They discuss the benefits of investing in the US, including lower prices and better cash flow. They also talk about finding properties, financing options, and managing properties from a distance. Dr. Chad introduces Beyond Borders, a platform that provides education and consulting services for Canadians interested in investing in US real estate. In this episode, Chad Carter discusses the importance of financial literacy and provides insights into common financial mistakes. He shares investment strategies and highlights the role of real estate in building wealth. The conversation also covers retirement planning and the impact of education on financial success. Finally, Chad shares his thoughts on the future of personal finance.
Takeaways:
The Canadian real estate market is becoming increasingly pro-tenant and anti-landlord, making it less viable for investors.
Investors can find better opportunities in the US real estate market, where prices are lower and cash flow is higher.
It is possible for Canadian investors to finance US properties using Canadian banks and their Canadian credit history.
When investing in the US, it is important to choose the right market and neighborhood based on metrics like population growth, home price appreciation, and household income.
Section 8 housing is a government-sponsored program in the US that provides rental vouchers to tenants, offering landlords a steady source of income and reducing the risk of non-payment. Financial literacy is crucial for making informed financial decisions.
Avoid common financial mistakes such as overspending and not saving enough.
Diversify your investment portfolio and consider real estate as a wealth-building strategy.
Start planning for retirement early and take advantage of retirement savings accounts.
Education plays a significant role in achieving financial success.
The future of personal finance is likely to be influenced by technology and changing economic landscapes.
Featured on the Show:
Dr.Chad Carter
US Real Estate Investor and Sports Chiropractor
Email: info.beyondbordersgroup@gmail.com
https://linktr.ee/beyondbordersgroup
https://www.beyondbordersgroup.com/
Follow us on
Support this show http://supporter.acast.com/the-dollarsavvy-podcast.
Hosted on Acast. See acast.com/privacy for more information.
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Ruthie's Table 4
For more than 30 years The River Cafe in London, has been the home-from-home of artists, architects, designers, actors, collectors, writers, activists, and politicians. Michael Caine, Glenn Close, JJ Abrams, Steve McQueen, Victoria and David Beckham, and Lily Allen, are just some of the people who love to call The River Cafe home. On River Cafe Table 4, Rogers sits down with her customers—who have become friends—to talk about food memories. Table 4 explores how food impacts every aspect of our lives. “Foods is politics, food is cultural, food is how you express love, food is about your heritage, it defines who you and who you want to be,” says Rogers. Each week, Rogers invites her guest to reminisce about family suppers and first dates, what they cook, how they eat when performing, the restaurants they choose, and what food they seek when they need comfort. And to punctuate each episode of Table 4, guests such as Ralph Fiennes, Emily Blunt, and Alfonso Cuarón, read their favourite recipe from one of the best-selling River Cafe cookbooks. Table 4 itself, is situated near The River Cafe’s open kitchen, close to the bright pink wood-fired oven and next to the glossy yellow pass, where Ruthie oversees the restaurant. You are invited to take a seat at this intimate table and join the conversation. For more information, recipes, and ingredients, go to https://shoptherivercafe.co.uk/ Web: https://rivercafe.co.uk/ Instagram: www.instagram.com/therivercafelondon/ Facebook: https://en-gb.facebook.com/therivercafelondon/ For more podcasts from iHeartRadio, visit the iheartradio app, apple podcasts, or wherever you listen to your favorite shows. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com