EP108: The Road Less Traveled: Ryan Smith's Pursuit of Real Estate Wealth and Freedom
Welcome to another episode of Migrate to Wealth! In this insightful conversation, host Saket Jain sits down with guest Ryan Smith to discuss his unique approach to wealth creation through real estate investing. Ryan shares his journey from starting a software company as a teenager to becoming a successful investor, focusing on mobile home parks and storage spaces.
Join us as Ryan unveils his strategies for achieving net operating income growth, balancing supply and demand, and finding long-term wealth creation opportunities. Get ready to gain valuable insights and rethink your approach to passive income. Let's dive in!
In this episode, you will be able to
- Learn Ryan’s prediction on the growing demand for affordable housing and mobile home parks
- Understand the importance of cash flow in passive investing and the equation for active and passive investing.
- Consider the value of real estate compared to other income generation options and the importance of taking action.
- Gain insights into why there are few new mobile home parks due to stigma and lack of tax revenue.
Key Moments in the episode are:
- 04:44 Identify resilient assets for stable investment.
- 06:10 Reframe passive income, focus on cash flow.
- 11:07 Repositioned strategy: target high-quality assets, generate long-term profits.
- 13:21 Analyze risk levels and adapt investment strategy.
- 15:42 Rethink your investor mindset for true freedom.
- 19:53 Minimize risk by investing wisely in Treasuries.
- 20:53 Misjudged demand, limited supply fuel income.
- 24:18 Seek action, not reliance on others.
- 27:50 Reorient, remind, and empathize with others.
- 29:10 Focus on actions, not just words.
Resources/Links Mentioned In This Episode
About Ryan
Ryan Smith is the co-manager of multiple investment funds, which specialize in investing, both directly and indirectly, in mobile home parks and self-storage assets representing more than 20,000 units located in more than 25 states.
Ryan graduated from the University of Tampa with a Bachelor of Science in Computer Science. An athlete, he was highly recruited for both baseball and basketball and was drafted as a senior in high school by the Baltimore Orioles, and again in college by the Anaheim Angels. Ryan pursued his athletic talents by playing baseball throughout his college experience.
Ryan currently serves on the board of Young Life College – UCF and is a member of the Advisory Board for the National Christian Foundation’s Orlando chapter. Mr. Smith lives in Orlando with his wife and four children.
Connect with Ryan
- Website: elevationcapitalgroup.com
- Email: ryan@elevationcg.com
Connect With Saket
To connect with Saket Jain, as well as with other Migrate 2 Wealth listeners, and get the latest scoop on new and upcoming episodes, join Migrate 2 Wealth Community on Facebook.
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Sponsors
Bangerter Financial Services, Inc
Do you want to retire from land-lording through passive real estate? Look no further than us – we are your go-to experts for 1071 Exchanges and Alternative Tax Strategies.
Call (801) 312-9482 or visit https://1071.bangerterfinancial.com/1071guy to learn more!
Sponsor Disclosure:
Securities offered through Concorde Investment Services, LLC, member FINRA/SIPC. Bangerter Financial is independent of Concorde. This is for informational purposes only, does not constitute individual investment advice, and should not be relied upon as tax or legal advice. Investments in real estate may be speculative, illiquid, and carry a high degree of risk – including the potential loss of the entire investment. Please consult the appropriate professional regarding your individual circumstance.
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