Published Jun 7, 2023

016 | House Hacking With Coach Carson

Join real estate expert Chad Carson as he delves into house hacking as a key to financial independence, shares his family's minimalist lifestyle in Ecuador, and offers invaluable insights into real estate investing, emphasizing simplicity and goal-setting for wealth accumulation.
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  • Minimalism

    Chad Carson and his family embraced minimalism as they prepared to move to Ecuador. They rented out their house and sold most of their possessions, which allowed them to be more flexible and focus on their experiences abroad. Chad highlights the cultural differences in Latin America, emphasizing the relaxed lifestyle and family-oriented values.

    Latin America is perfect. I love the Spanish culture of Siestas and taking it easy and, hey, you green go. Americans are working too hard. They do work hard here, but it's like more family. On Sundays. You hang out, you go to the Plaza, and you walk around for a hard working A type like me, this is like a perfect situation to say, chill out, dude, take it easy.

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    This minimalist approach not only simplified their lives but also deepened their connections with each other and their new community 1 2.

       

    Detachment

    Detaching from their routine was a significant challenge for Chad and his family. They spent a year preparing for the move, which involved letting go of material possessions and social commitments. This process was both difficult and liberating, allowing them to fully immerse themselves in a new culture and lifestyle.

    We spent basically a whole year last year. We feel like we're fairly frugal people we don't buy tons of stuff. We don't have a new piece of furniture in our house. But it was an enormous, like, pulling your wisdom teeth kind of detachment to try to pull yourself out of a situation.

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    Chad's story serves as an inspiration for others considering a similar lifestyle change, demonstrating the transformative power of stepping out of one's comfort zone 2 3.

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