In this episode of "The Let's Get It Podcast," we dive into the world of real estate investing with Ryan Manning, a seasoned investor from upstate New York. Ryan shares his inspiring journey from purchasing his first duplex in 2017 to managing a thriving portfolio of over 60 units.
Listeners will gain valuable insights into creative financing strategies, including the use of FHA loans and hard money, as well as the challenges of scaling a real estate business. Ryan opens up about the operational hurdles he faces, such as managing multiple renovations and building strong contractor relationships. They touch on the personal side of entrepreneurship as Ryan discusses the delicate balance between work and family life. This episode is packed with actionable advice and motivational stories, offering a comprehensive look at the life of a successful real estate investor.
Chapters:
0:00 Intro: Ryan Manning joins the show
5:07 Buying first property and learning lessons
10:13 Leveraging previous deals to fund new ones
15:36 Balancing growth and operations in real estate
21:10 Rapid portfolio growth over past few years
26:41 Overcoming challenges in real estate investing
38:54 Learning from "failures" and keeping perspective
45:16 Doubling units with each new acquisition
51:13 Balancing business growth and personal life
57:27 Wrapping up and looking to the future
