From $25,000 purchase prices last week to $300,000+ group houses this week!

We head to the Bay Area today to meet pharmacist Ryan Chaw, who ventured about an hour away from his hometown and began buying 1 house per year and renting them by the room to college students.

Ryan collects nearly $11,000/month from 18 tenants, and is creating the kind of generational wealth his grandfather used to put both him and a sibling through college.

Does renting to college kids sound like a disaster waiting to happen? Well... Ryan has found several ways around this, and in this episode he outlines the checklists, systems, and "personal touches" he uses to selfmanage without the headaches.

Ryan opens up about an early failure, too. He wasn't getting all his rooms filled, and he realized he wasn't doing a good enough job advertising. So he developed stepbystep, "P.R.I.M.E." marketing method to attract a steady stream of qualified applicants... and you'll learn each step today.

If you're struggling how to figure out just how to create cashflow in a spendy market, follow Ryan's lead! Get creative, consider rentbytheroom and other outsidethebox strategies, and reap the rewards of greater appreciation and stability that come with highpriced areas.

Connect with Ryan:
Ryan’s BiggerPockets Profile https://www.biggerpockets.com/users/R...
Ryan’s Website https://www.newbierealestateinvesting...

Click here for full show notes: https://www.biggerpockets.com/rookie35