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Ryan Groene graduated from The Farmer School of Business at Miami University (OH) in 2012 with a B.S. in Finance. During his academic career, Ryan played 4 years of collegiate baseball. After graduation, he worked in the Finance industry prior to getting into the mobile home park industry full time. Currently, his portfolio has grown to over 7 parks, spreading across 300 lots across the Midwest and Southeast. Ryan also serves as the Director of Operations for Buckeye Communities where he oversees the operations of over 400 lots spread across 5 parks in Ohio and Michigan. Ryan has been involved with over 1000 lots and almost every aspect of finding, running, turning around, and refinancing/selling mobile home communities.\n\xa0\n[00:01 - 05:54] Opening Segment\nGet to know Ryan Groene\nRyan shares his journey from his finance background to mobile home parks\n\xa0\n[05:55 - 12:55] Scaling from 0 to 15 Mobile Home Parks\nWhy it took three years for Ryan to buy his first mobile home park\nFocusing on a single asset class at a time\nRyan recalls a mobile house deal that was not so mobile\nThe Impact of Mobile Home Parks on America\u2019s Housing Crisis\xa0\n\xa0\n[12:56 - 27:05] Mobile Home Park Red Flags, and More\nRyan talks about the increasing mobile home park trend\nRed flags to look out for while passively investing in MHPs\nChoosing the best location for your MHP\nRyan\u2019s strategy for his covered land deal\nWhy you should always have an exit strategy\xa0\xa0\n\xa0\n[27:06 - 36:15] Closing Segment\nQuick break for our sponsorsThe first step to growing your wealth is tracking your wealth, income spending and everything else about your finances, you can start tracking your wealth for free and get six free months of wealth advisor.\xa0 Learn more about Personal Capital at www.escapingwallstreet.com\n\nWhat is the best investment you've ever made other than your education?His first mobile home park\n\nRyan\u2019s worst investmentBeing in the wrong partnership\n\nWhat is the most important lesson that you've learned in business and investing?\u201cBelieve in yourself and be educated.\u201d\n\nConnect with Ryan Groene through Facebook, Instagram, and LinkedIn.\xa0\n\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\nJoin our Passive Investor Club for access to passive commercial real estate investment opportunities.\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\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\n\xa0\nResources Mentioned:\nRich Dad Poor Dad\n\xa0\nTweetable Quotes:\n\u201cIt takes a lot of time and effort to go from zero to one. And then once you get past one, the ball starts rolling in, it's significantly easier.\u201d - Ryan Groene\n\u201cWhen the economy is bad in the United States, mobile home parks have to do a little bit better.\u201d - Ryan Groene\n\u201cIt's important to understand that when you're buying real estate, you always have to think about the exit strategy.\u201d - Ryan Groene