In this episode, Todd talks with Ramsey Blankenship about how he invests in both hotels and multifamily syndications all while being in the Navy.
Ramsey and his beautiful wife Hope bought a home in Panama City as a “House Hack”. 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.
3 Pillars
- Receiving retirement money from the Navy
- Investing in real estate
- Owning a business
Book: The ONE Thing by Gary Keller and Jay Papasan
You can connect with Ramsey at www.realfocus.org or ramsey@realfocus.org
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