Becoming FI with Mobile Home Parks in Your 30s...Then What? with Ryan Narus

Published: Aug. 30, 2021, 5 a.m.

b"Ryan is a double graduate of Wake Forest University with an undergrad in Psychology & Statistics and an MBA. He is a self-made real estate entrepreneur who owns and operates 20 Mobile Home Parks spanning ~1,795 units. But here's the thing: He started with nothing. No money. No experience. No network. He was a 20 something with way more student loan debt than actual capital to invest in deals. He's just a normal dude. The only thing that makes him different is that he refused to quit. And he was willing to sacrifice, and take bold action. He found creative ways to make money while he scaled his business up. He was stuck in Corporate America. He escaped. And he wants to help others too.\\n\\xa0\\n[00:01 - 09:29] Opening Segment\\nRyan shares his \\u2018not so sexy\\u2019 passive investing background and experience\\nWhy Ryan uses the products he sells\\nLike a three-legged stool: all or nothing\\n\\xa0\\n[09:30 - 14:24] Reinvesting to Grow\\nRyan talks about reinvestingReinvesting over 75%\\xa0\\nYou have to outsource smart\\n\\nThe Cheapest Capital and Most Multiplier\\nThe Best Thing About the United States\\n\\xa0\\n[14:25 - 25:45] Becoming FI with Mobile Home Parks in Your 30s...Then What?\\nWhy Do You Listen to Other People?\\nCapital Preservation versus Growth\\nYou Can\\u2019t Multiply Nothing\\nWhy the Opportunity is in Those that People Do not Want to Buy\\nThe Right Time to Preserve\\n\\xa0\\n[25:46 - 42:36] Closing Segment\\nQuick break for our sponsorsGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started.\\n\\nWhat is the best investment you've ever made other than your education?Countryside Mobile Home Park\\n\\nRyan\\u2019s worst investmentThe first home he ever bought\\n\\nWhat is the most important lesson that you've learned in business and investing?\\u201cKnow yourself.\\u201d\\n\\nConnect with my guest. See the links below.\\n\\xa0\\nResources Mentioned:\\nRich Dad Poor Dad\\nTweetable Quotes:\\n\\u201cI want to consume the products that I am selling.\\u201d - Ryan Narus\\n\\u201cWhat\\u2019s another million bucks?\\xa0 Is it going to give me more time with my son?\\u201d - Ryan Narus\\n\\u201cThere\\u2019s nothing you can do to pay you enough, to keep you interested enough or long enough to give you that longevity.\\u201d - Ryan Narus\\n------------\\nConnect with Ryan Narus through LinkedIn. Listen to his podcast Mobile Home Parks In Real Life.\\xa0 Check out his websites http://www.archimedesgrp.com/ and https://mobilehomeparkmentors.com/.\\xa0\\nInvest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/\\nParticipate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.\\xa0\\nLEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes"