Sponsored by OnAir Brands, this interview is one of a series of conversations I had while attending GoBundance Miami in May 2022.
Ryan Chaw started investing by buying one house a year and renting by the room in college towns which doubles the rent and scale a portfolio that makes almost $18k a month!
Ryan’s grandfather was able to retire early and paid off part of his and his brother’s college tuition because of real estate. This motivated Ryan to build up a rental portfolio. After graduating in 2015, he worked in both a retail pharmacy and a hospital pharmacy to save up capital. In 2016, he bought his first property for $262,000. It was a 3-bedroom, 2-bathroom house over 100 years old.
Ryan is a newbie real-estate investing expert, pharmacist turned investor.
In this episode, Ryan shares insights into:
◈ How real-estate can build wealth.
◈ Capital, research, tenant problems.
◈ Being a Self-taught Real-Estate Investor.
[00:01:35]- Transition to real-estate.
[00:02:03]- 4 ways real-estate builds wealth.
[00:05:05]- Real-estate background.
[00:06:11]- Why you’re not happy.
[00:07:40]- Where to start your real-estate journey, building a capital.
[00:08:06]- “Fighting in two fronts.”
[00:09:17]- “House hack.”
[00:12:50]- Where you start your research, GOOGLE!
[00:14:57]- The Achilles’ heel of real-estate investing, the tenants.
[00:17:29]- Getting connected with GoBundance.
[00:21:20]- W2 to financial freedom.
[00:23:29]- Picking a career, picking an identity.
[00:27:59]- Self-taught Real-estate investor.
[00:28:45]- Real-estate terms.
[00:33:21]- Newbie Real-estate investing.
https://www.newbieinvestingrealestate.com
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Jason Wasser Therapist/Coach
Online Tele-Therapy & Coaching 🖥
The Family Room Wellness Associates
Certified Neuro Emotional Technique Practitioner
🎧Host:You Winning Life Podcast
🎤Available for speaking engagements