Ryan Chaw and Todd discuss the power of single-family student rentals in strong college markets. In this episode, they deep dive into what it takes to get started and what to look out for. 

Books: Millionaire Real Estate Investor by Gary Keller & Traction by Gino Wickman

3 Pillars: 

  1. Health 
  2. Relationships
  3. Impact

Ryan purchased one single-family home a year and slowly built up a reputation at his local college for having high-quality student housing rental spaces. Because he rented by the room, there was double the rental income and a lot more cash flow compared to renting to a family by the whole house. By the age of 28, he became a millionaire and was earning multiple 6 figures in rental income on my student rentals. He teaches others his “room-hacking system”: figuring out neighborhoods with great cash flow, renovating to increase the maximum rentable space, finding high-quality tenants, and managing properties with unique systems. Ryan built a community of like-minded creative real estate investors who focus on getting one deal at a time. 

Reach out to Ryan at www.newbierealestateinvesting.com/guide

Interested in coaching? Schedule a call with Todd at www.coachwithdex.com

Connect with Pillars Of Wealth Creation on Facebook: https://www.facebook.com/PillarsofWealthCreation/

Subscribe to our email list at www.pillarsofwealthcreation.com

Listen to the audio version on your favorite podcast host:

SoundCloud: https://soundcloud.com/user-650270376

Apple Podcasts: https://podcasts.apple.com/us/podcast/pillars-of-wealth-creation/id1296372835?mt=2

Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5zb3VuZGNsb3VkLmNvbS91c2Vycy9zb3VuZGNsb3VkOnVzZXJzOjMzNTY2Mjc4NC9zb3VuZHMucnNz?ep=14

iHeart Radio: https://www.iheart.com/podcast/pillars-of-wealth-creation-28651794/

CastBox: https://castbox.fm/channel/Pillars-Of-Wealth-Creation-id1070576?country=us

Spotify: https://open.spotify.com/show/0FmGSJe9fzSOhQiFROc2O0

Pandora: https://pandora.app.link/YUP21NxF3kb

Amazon/Audible: https://music.amazon.com/podcasts/f6cf3e11-3ffa-450b-ac8c-025f1a1a9962