Скачать или смотреть Inspire Wealth with Prof M: Real Estate Rx: From Pharmacy to Financial Freedom with Ryan Chaw

We sit down with Ryan Chaw, a pharmacist turned real estate investor who shares his journey and success in scaling his portfolio to 90 tenants. This episode focuses on Ryan's strategies in investing and managing his properties efficiently. His stories are packed with insights that will help you get started and achieve financial freedom through real estate.

EPISODE HIGHLIGHTS:
Ryan's Background and Inspiration: Inspired by his grandfather's real estate success, Ryan transitioned from being a pharmacist to a real estate investor.
Mistakes and Lessons: Like all successful investors, Ryan made his fair share of mistakes in his first investment property, which taught him valuable lessons.
Investment Focus: Properties near universities, hospitals, and clinics are his target with the goal of renting them out to graduate students and healthcare professionals.
The HELOC Strategy: By leveraging a home equity line of credit, Ryan scaled his portfolio without additional out-of-pocket capital.
Ryan emphasizes the importance of deciding whether an investor will go for cash flow or appreciation. Cash flow replaces W-2 income quickly while appreciation is where long-term wealth grows.

Criteria for Selecting Student Rental Markets:
1. Top colleges and grad programs
2. Proximity to campus
3. Larger homes with more bedrooms

Tenant Screening Process:
1. The tenant's communication style matters.
2. Tenants with similar backgrounds are clustered to encourage a more focused environment.
3. High-end colleges are prioritized to ensure that tenants can afford the rent.
4. First and last month's rent and a security deposit is required to reduce risks.
5. Verifying financial stability.

To avoid being overwhelmed with managing 90 tenants, Ryan and his virtual assistant utilize automation and marketing systems.
Coaching Program: Ryan's coaching program is designed to guide investors in buying their first rental property, avoiding big mistakes, and building a scalable portfolio.

Ryan's Advice for New Investors:
1. Surround yourself with the right people.
2. Hire a coach or a mentor.
3. Learn from real experts.

REAL ESTATE INVESTING 101 COURSE—ENROLL NOW!
https://realestateinvesting101.mykaja...

Ryan Chaw
Website: https://www.newbierealestateinvesting...
Student Housing Method Free PDF: https://www.newbierealestateinvesting...

Mallory Meehan
Website: https://www.inspirewealthmgt.com/
Spotify: https://podcasters.spotify.com/pod/sh...
Apple Podcasts: https://podcasts.apple.com/us/podcast...
YouTube:    / @malloryinspireswealth  
For collaborations: [email protected]

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