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Today’s episode features Ryan Chaw from Newbie Real-Estate Investing, who has created over $10k in monthly rental income.
Ryan did all this over a 5-year period of investing in California.
His strategy is to buy large single-family homes and rent them by the room to college students.
He even sometimes adds walls to these homes to increase the number of rooms.
Ryan doesn’t just randomly pick tenants either, he uses his P.R.I.M.E method.
P.R.I.M.E – Placement of ad, Review social media, Identify tenant’s personality type, Measure responsiveness, Ensure proof of income.
And on top of all of this…. Ryan is a practicing pharmacist who became a millionaire at age 28!
If you’ve been wondering how you could make money with real estate, take some notes out of Ryan’s playbook.
And if you enjoyed this episode as much as we did, please share!
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