Ryan Chaw graduated with his Doctor of Pharmacy in 2015 at age 23. Ryan loves his job but he wanted to do something more in life. He didn’t want to become just “that pharmacist” who worked at his job until he retired at 65.

Ryan was inspired become a real estate investor by his grandpa who had bought 3 properties in the Bay and whose rental income covered all his expenses and allowed him to retire early. His grandpa was even able to use that rental income help cover his grandchildren’s’ college tuitions.

Ryan bought his first property in 2016 – a single family home at his local college. He rented out the home per bedroom to college students and renovated to add extra bedrooms to increase rental profit.

He repeated the same process for each property, buying 1 property each year. He then created a system for getting consistent high quality tenants, self-managing the property, and decreasing expenses through preventative maintenance. He now makes $10,755 per month in rental income.

3 of the properties are on 15 year mortgages. 1 is on a 10 year mortgage. Ryan further leveraged his equity on the first house by taking out a HELOC on it and put a downpayment on the 4th house.

Ryan is now teaching others his system: how to find a college town to invest near, analyzing a deal, generating tenant leads through strong marketing tactics, and how to self-manage college tenants so everything is hands off and automated.

In his free time Ryan travels to many foreign countries to just absorb the culture and life outside of California. So far Ryan has been to China, Japan, Taiwan, the Bahamas, Canada, Paris, London, Germany, and Mexico.

 

CONNECT WITH RYAN:

• [email protected]
• 916-367-3415
• www.newbierealestateinvesting.com

KEY TAKEAWAYS:

• Day 1 Mentor - I hate this job. 
• PRIME method for finding amazing college student tenants
• Collecting rents from College Students
• Why 15 & 10 year notes? 
• 3 Random Questions

Episode Affiliate:

• https://w2capitalist.com/affiliates/

Links mentioned in this episode:

• w2capitalist.com/shop/
• https://www.facebook.com/groups/REIforTheW2/