E156: Ryan Chaw: Building Wealth and Freedom Before 30
Manage episode 517801265 series 3561497
In this episode, Roger sits down with Ryan Chaw, the founder of Newbie Real Estate Investing. Ryan completely redefined his life by leaving his job as a pharmacist and diving headfirst into real estate. By age 28, Ryan had become a millionaire, and just three years later, he retired from his day job — all through a niche strategy focused on student housing investments.
Ryan opens up about his early influences, including lessons from his grandfather's investment success, and how he applied those principles to create long-term wealth. He walks listeners through the pivotal moment when he realized his career in pharmacy wasn't aligned with his goals, and how that clarity led him to start purchasing single-family homes and transforming them into multi-bedroom student rentals.
Listeners will gain a front-row seat to Ryan's real-world experiences — the wins, the setbacks, and the tough lessons learned from properties that didn't go as planned. He discusses the hidden challenges of older homes, why sewage line inspections became a non-negotiable, and how mastering the details of property management helped him protect his investments and maximize returns.
Topics Include:
- Unpacking the Student Housing Model
- Ryan's Lessons Learned in Real Estate
- First Steps to Start Real Estate Investing
- Ryan's Tips on Smart Financing Moves
- Practical Advice on Managing Tenants
Ryan's Book Recommendation:
Connect with Ryan and Newbie Real Estate Investing:
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Produced By: Social Chameleon
157 episodes