Millionaire by 28 thru Rentals with Ryan Chaw

How can renting properties room by room not only maximize your rental income but also provide affordable housing solutions for students, all while navigating the challenges of property management and tenant selection?



In this eye-opening episode of the Passive Wealth Strategy Show, host Taylor Loht interviews Ryan Chaw, a real estate investor who achieved millionaire status by 28 through his innovative room-by-room rental strategy across the country. Ryan shares his journey from a recently retired pharmacist to a real estate mogul, providing invaluable insights into selecting the right markets, managing properties remotely, and strategically catering to college and grad students to create significant cash flows. Discover Ryan’s approach to overcoming common landlord challenges, his methods for market analysis, and the systems he’s put in place to ensure his investments remain passive yet highly profitable.

 

Ryan Chaw is a real estate investor with a multiple six-figure real estate portfolio, which he built on the side while working his full-time job. He has previously been featured on sites like Business Insider and BiggerPockets. Ryan also regularly shares his advice on industry podcasts and blogs and speaks at industry events. He graduated with a Doctor of Pharmacy at age 23 and has since been working as an Infectious Diseases and Pediatric Pharmacist. 




[00:00:00 – 00:05:00] Breaking the Mold: Room-by-Room Rentals



  • Ryan’s unique investment strategy focuses on maximizing rental income by renting out individual rooms.

  • Targeting college and grad students as tenants offers a stable demand.

  • The importance of location and property selection to minimize risks and maximize returns.

 

[00:05:00 – 00:10:00] The Blueprint to Millionaire Status



  • Ryan’s path to financial independence through real estate investment.

  • How leveraging student housing can lead to significant cash flow.

  • Strategies for selecting properties and managing them efficiently to maximize income.

 

[00:10:00 – 00:15:00] Overcoming Challenges: Tenant Management & Maintenance



  • Effective strategies for managing tenant relations and expectations.

  • Tips for minimizing maintenance issues and handling repairs.

  • The importance of creating a tenant-proof property to reduce wear and tear.

 

[00:15:00 – 00:20:00] Scaling Up: From Local to National

 

  • Ryan’s approach to expanding his investment portfolio across states.

  • The critical role of market analysis in identifying new investment opportunities.

  • Techniques for remote management and ensuring consistent standards across properties.

 

[00:20:00 – 00:25:00] Vision for the Future: Goals and Aspirations



  • Ryan’s long-term vision for his real estate portfolio and impact on affordable student housing.

  • The importance of continuous learning and self-improvement in achieving success.

  • Ryan’s commitment to mentoring and sharing his knowledge with aspiring investors.

  • Books recommendation: Millionaire Real Estate Investor, The Traction Book

  • Who inspires Ryan?: His grandfather.



Quotes:

 

“By targeting high-quality students and utilizing strategic locations, we’re able to minimize typical landlord headaches while providing value to our tenants.” – Ryan Chaw

 

“Real estate isn’t just about investing in properties; it’s about investing in communities and making a positive impact.” – Ryan Chaw

 

Connect with Ryan:



Website: www.newbierealestateinvesting.com/guide





Apply to Invest with Taylor at www.investwithtaylor.com

Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com

Please leave a review and help others escape Wall Street and build wealth on Main Street!





About our Guest

Ryan Chaw

Ryan Chaw is a real estate investor with a multiple six-figure real estate portfolio, which he built on the side while working his full-time job.

 

Ryan has created a student housing system based on his experience and now teaches others how to build their real estate portfolios as a real estate investment coach.

 

He has previously been featured on sites like Business Insider and BiggerPockets. Ryan also regularly shares his advice on industry podcasts and blogs and speaks at industry events.

 

He graduated with a Doctor of Pharmacy at age 23 and has since been working as an Infectious Diseases and Pediatric Pharmacist. 

This episode is brought to you by Roofstock, the world’s largest residential real estate investing marketplace. Open an account for free and start browsing turnkey investment properties today.

We are also supported by You Need a Budget. YNAB is a different kind of personal financial tracking company. They’ll help you track and plan your money with your priorities in mind. Open your trial account today and give it a shot!

About the Host

Taylor on stage

Hi, I’m Taylor. To date I’ve acquired or partnered on over $250 Million in Commercial Real Estate Investments. I help busy professionals invest in multifamily and self storage real estate through my company NT Capital

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Not Sure How to Tell a Good Deal from a Bad Deal?

Learn 7 Red Flags in Passive Real Estate Investing

Free 7 Day Video Course

Real Listener Reviews

Extremely useful podcast
Extremely useful podcast
@thehappyrexan
Read More
Short, impactful with excellent guests. If you have a full time W-2 job or business and are looking for ways to get involved in real estate on the side, this is for you.
Simple & effective information!
Simple & effective information!
@jjff0987
Read More
This podcast is worth listening to for investors at all levels. The information is simplified for the high level investors but detailed enough to educate seasoned investors about nuances of the business. I recommend!
Awesome Podcast!!!
Awesome Podcast!!!
@Clarisse Gomez
Read More
The host of Passive Wealth Strategies for Busy Professionals podcast highlights all aspects of real estate investing and more in this can’t miss podcast! The host and expert guests offer insightful advice and information that is helpful to anyone that listens!
Great podcast!
Great podcast!
@Owchy
Read More
Love all the information and insights from Taylor and his guest. Fun and entertaining. Highly recommend.
Previous
Next

Popular Posts