Ep.131- Never Try To Time The Market with GoBundance Member Ryan Chaw

Let us know what you thought about the show!Sponsored by OnAir Brands, this interview is one of a series of conversations I had while attending GoBundance Miami in May 2022.Ryan Chaw started investing by buying one house a year and renting by the room in college towns which doubles the rent and scale a portfolio that makes almost $18k a month!Ryan’s grandfather was able to retire early and paid off part of his and his brother’s college tuition because of real estate. This motivated Ryan to build up a rental portfolio. After graduating in 2015, he worked in both a retail pharmacy and a hospital pharmacy to save up capital. In 2016, he bought his first property for $262,000. It was a 3-bedroom, 2-bathroom house over 100 years old.Ryan is a newbie real-estate investing expert, pharmacist turned investor.In this episode, Ryan shares insights into:◈ How real-estate can build wealth.◈ Capital, research, tenant problems.◈ Being a Self-taught Real-Estate Investor.[00:01:35]- Transition to real-estate.[00:02:03]- 4 ways real-estate builds wealth.[00:05:05]- Real-estate background.[00:06:11]- Why you’re not happy.[00:07:40]- Where to start your real-estate journey, building a capital.[00:08:06]- “Fighting in two fronts.”[00:09:17]- “House hack.”[00:12:50]- Where you start your research, GOOGLE![00:14:57]- The Achilles’ heel of real-estate investing, the tenants.[00:17:29]- Getting connected with GoBundance.[00:21:20]- W2 to financial freedom.[00:23:29]- Picking a career, picking an identity.[00:27:59]- Self-taught Real-estate investor.[00:28:45]- Real-estate terms.[00:33:21]- Newbie Real-estate investing.https://www.newbieinvestingrealestate.comPlease do me a favor, subscribe, leave a positive review on iTunes, follow us on Instagram and share if you know anyone who would benefit from this or other episodes!Do you want to work with me? Reach out and let me know!https://www.instagram.com/youwinninglife/https://www.tiktok.com/@youwinninglifehttps://linktr.ee/jasonwasserlmftThank you for joining me on this ride!Jason Wasser Therapist/CoachOnline Tele-Therapy & Coaching 🖥The Family Room Wellness AssociatesCertified Neuro Emotional Technique Practitioner 🎧Host:You Winning Life Podcast🎤Available for speaking engagementsSupport the showSupport the show