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Dropping Bombs

How I Bought My First Rental Property at 18 With $5K Saved

23 Nov 2025

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This episode sponsored by Carpenter Realty LightSpeed VT: https://www.lightspeedvt.com/ Dropping Bombs Podcast: https://www.droppingbombs.com/ In this explosive Dropping Bombs episode, Larry Carpenter III drops a straight-up masterclass on scaling rentals fast — creative financing, the 1% rule, cash-out refinances, and why "hard work alone" keeps you poor.   From buying his first house at 18 to now owning 400+ doors with Carpenter Realty — Larry reveals exactly how he did it: sourcing off-market deals nobody wants, knowing when to never sell, Section 8 realities, property management at scale, the math to decide in minutes, and partnerships + seller financing that 10x'd his portfolio. If you're ready for your first door or your next hundred, this is your green light.   🔗 Connect with Larry Carpenter III  Instagram — https://www.instagram.com/carpenterrealestate/  Facebook — https://www.facebook.com/larry.carpenter3  LinkedIn — https://www.linkedin.com/in/larry-w-carpenter-iii-548b7893/  Carpenter Coaching Group — https://carpentercoachinggroup.com  Carpenter Realty — https://www.carpenterrealty.com/  Carpenter Realty (FB) — https://www.facebook.com/CarpenterRealty  Jasper Properties (FB) — https://www.facebook.com/jasperproperties/  BB Fit (Gym) (FB) — https://www.facebook.com/bbfit11/    Watch the full-length video version of any Dropping Bombs episode here on YouTube.   Brad Lea is a self-made entrepreneur who turned small-town grit into a multi-million-dollar empire. With over 25 years dominating sales and leadership, he's mentored thousands to outsmart, outwork, and out win their competition. His top-rated podcast, Dropping Bombs, brings raw, game-changing insights from the biggest names in business.   LightSpeed VT is Brad's brainchild—the world's leading interactive training platform. It's built to make your team sharper, faster, and more effective, without wasting time or money. Whether you're a startup or a Fortune 500, LightSpeed VT is how you scale success and dominate your industry. Curious? Check it out: https://www.lightspeedvt.com/   Brad's also behind Closer School, the go-to program for mastering sales and closing deals like a pro. Want to 10x your income? This is where you start. His book, The Hard Way, lays out the brutal, honest lessons he learned building his empire—your blueprint to winning the game. Get it here: https://bradlea.com/product/the-hard-way/   This isn't just a video. It's a wake-up call. Watch it. Share it. Act on it. Closer School: https://www.closerschool.com/cs  

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