Nov 21, 2022
It’s time to get creative about down payments! In this episode, I’m joined by Ryan Luthi as he shares his personal story of getting into real estate investing, and how he now helps others do the same! Ryan shares how he went from living in one of the units of the first duplex, to now having 87 doors! A lot of this has come down to getting creative with down payments, so you can grow your real estate portfolio quicker. Ryan also talks about the “hockey stick effect” as you build your portfolio and your wealth begins to compound. Tune in to hear more real estate investing tips!
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WATCH THE FULL EPISODE HERE:
EPISODE HIGHLIGHTS:
01:40 How Ryan got into real estate.
04:15 Getting started with our first duplex, and benefits of living in one of the units.
10:00 Did you have a goal of a certain number of doors per year?
12:00 What mindset tips helped you take action and begin investing in real estate?
15:40 Tips for delaying gratification and avoiding “lifestyle reach”.
19:00 How to get creative with down payments for multi and single family properties.
22:30 Benefits of taking out a line of credit.
27:15 The difference between being “rich” and being “wealthy”.
31:30 When did you know it was the right time to take partners and get into commercial real estate?
38:15 How long has it taken to get to 87 doors?
42:30 How can we connect with you and learn more?
RESOURCES & LINKS
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