Episode 158
Creative Investing in a Difficult Market with Ryan Chaw #158
Ryan Chaw primarily invests in California where investing may prove difficult to to high cost and low returns. However, Ryan has been creative in selecting specific locations and catering to a specific renter. This strategy has earned him a personal real estate portfolio earning over $10,000 per month.
We chat about:
- How Ryan created a 6 figure rental portfolio in California, where most houses are overpriced and cash flow is limited. (It involves college town investing and super targeted advertising.)
- His strategy for managing 4 single family homes without hiring a property manager while still working my full-time job.
- His top tips on preventative maintenance to avoid the sometimes very high costs of emergency repairs. (He lost over $20K on my first investments because of unanticipated emergency repairs that were all preventable.)
Want to make contact with Ryan? Head over to NewbieRealEstateInvesting.com
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"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack