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Apr 12, 2020

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.)

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Follow Josh Koth and Jack Hoss on their journey towards financial freedom using the power of Real Estate through the REI Rookies Podcast (Real Estate Investing Rookies Podcast). We share our experiences as we acquire rental properties, build net worth, and work towards financial freedom. We are focused on creating wealth through conventional and creative real estate investing while improving our financial education. If you are a fan of Rich Dad Poor Dad by Robert Kiyosaki and Millionaire Real Estate Investor by Gary Keller or are looking for an alternative to the Dave Ramsey, Jim Cramer, Motley Fool or Suze Orman shows we invite you to subscribe today!