Ryan was born and raised in Lake Charles, LA. He currently resides in New Orleans, LA with his wife Jennifer and their three children. Ryan is a real estate broker & he currently buys, sells, renovates, and manages apartment buildings. He currently has 9 apartment buildings throughout Louisiana and Texas and 40-50 employees in his business.

Highlights of the Episode:

01:01 - Introduction of the guest

02:37 - How to scale to a big portfolio in a short period of time

05:25 - Pivoting from multifamily to retail

06:55 - Management structure

07:44 - Having enough deal flow with 1031

09:37 - What is being bought

10:25 - What to look for in the retail sector

11:47 - What to look for specifically in the asset

12:37 - What do in place leases look like

13:38 - Different between a triple net lease and gross lease

14:54 - A common thing in a triple net lease where responsibility is needed

16:48 - How to find the deals that someone locally hasn’t taken yet

21:50 - What a seller wants from a buyer

23:42 - What communities do to help and support growth

25:30 - Cultivating a mindset

27:25 - Life outside of work

33:06 - Good debt is an asset and what to offload

36:04 - Percentage made on horizontal income

41:59 - Closing remarks

Quotes:

“The guarantee or the assurance, the close, is more valuable than the price.” - Ryan Bodin

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