Chad Carson operates at a pace of buying or building 2–3 new properties per year while pruning 1–2 underperformers from his portfolio annually.
Snapshot · BiggerPockets Real Estate Podcast
Chad Carson operates at a pace of buying or building 2–3 new properties per year while pruning 1–2 underperformers from his portfolio annually.
Where this was said
At 2:00 · chapter starts 1:48
With introductions complete, Dave Meyer establishes the episode's collaborative dynamic: three experienced investors who see the same market through different lenses. Chad Carson is positioned not as a mega-portfolio builder but as someone who has deliberately and successfully stayed small — and who argues that staying small is a strategy, not a consolation. Henry Washington brings his own active investor perspective, and together the three signal this will be less theory and more lived experience.
Bhanu grew SiteGPT to $13,000 monthly recurring revenue entirely through organic channels, spending nothing on paid marketing.
More than 1 million people have visited SiteGPT's website since launch in March 2023, all through organic channels.
Approximately 90% of SiteGPT's Google search traffic comes from the free tools Bhanu built, not the main product pages.
Bhanu sold his first SaaS product, Feather, for $250,000 so he could focus fully on the faster-growing SiteGPT.
SiteGPT has generated approximately $500,000 in total revenue since its launch in March 2023.
The average customer lifetime value for SiteGPT is approximately $1,700 to $1,800, which Bhanu considers unusually high.
SiteGPT receives around 50,000 visitors per month, of which about 200 convert to leads and 60 start free trials.
SiteGPT hit $10,000 MRR within its very first month of launch, driven largely by early traction in the AI chatbot space.
Despite strong download numbers, PropGPT could not push past $1,000–$2,000 MRR due to poor product retention.
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