POWC #392 Investing in Hotels and Multifamily Syndications with Ramsey Blankenship
Welcome to Pillars of Wealth Creation, where we talk about building financial freedom with a special focus in business and Real Estate. Follow along as Todd Dexheimer interviews top entrepreneurs, investors, advisers and coaches. In this episode, Todd talks with Ramsey Blankenship about how he invests in both hotels and multifamily syndications all while being in the Navy. \n\nRamsey and his beautiful wife Hope bought a home in Panama City as a \u201cHouse Hack\u201d. The property has a 3 br. 2 ba. main home with two 1/1 Cottages on the backside. Ramsey renovated both units and the rent from the cottages covered the mortgage and utilities for the entire property. Ramsey has since become a part time Multi-Family investor while active duty in the Navy. Ramsey owns 12 rental units in Panama City and nine in Shreveport La. He has successfully performed a BRRRR with a seven-unit apartment complex in which he now maximizes income potential with short term rentals. Ramsey also owns a small hotel and is a general partner on a 112-unit multifamily property. \n\n3 Pillars\n1.\tReceiving retirement money from the Navy\n2.\tInvesting in real estate\n3.\tOwning a business\n\nBook: The ONE Thing by Gary Keller and Jay Papasan\n\nYou can connect with Ramsey at www.realfocus.org or ramsey@realfocus.org \n\nInterested in coaching? Schedule a call with Todd at www.coachwithdex.com\n\nConnect with Pillars Of Wealth Creation on Facebook: www.facebook.com/PillarsofWealthCreation/\n\nSubscribe to our email list at www.pillarsofwealthcreation.com\n\nSubscribe to our YouTube channel: www.youtube.com/c/PillarsOfWealthCreation