Ryan developed an interest in real estate as a kid, the thought of turning a plot of dirt into a building fascinated him. Architecture interested him, but as he grew older the business side of things exposed him to real estate development and investing.
The Full Podcast
Real Estate Schooling
Knowing he was interested in investing, Ryan took a holistic approach to his real estate education. Learning the only way you can in the industry, on the job within real estate. While in college at UMD, he interned with a brokerage and a property manager to get some exposure to those integral pieces, then he worked on the financial side, to wrap everything together.
Out On His Own
“Hire other people that do stuff better than you do”
Ryan mentioned that his CPA, Brandon Hall from Episode 6, and contractors are extremely helpful in vetting deals. The team he built became his sounding board. Similar to what Andrew Miller and Brian Forrester mentioned on Episode 17, hiring professionals to add to your team ends up saving you money. Ryan also enlisted the help of a real estate agent to help find deals in the area.
Moving forward, Ryan and Berry Lane acquired properties and began to fix-and-flip properties in Jersey City.
Since the interview, Ryan and I have chatted a lot and I’m super excited to get him back on the show here to continue the story.