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Former Google Employee Reaches Financial Independence at 25 with CRE | Ryan Stenberg
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In this episode, I chat with Ryan Stenberg to discuss the topics about deal flow, raising funds, real estate risk and using your perceived weaknesses as strengths.
Ryan Stenberg is a really smart, young hustler. He worked at Google after he graduated college. He got interested in real estate as a vehicle to invest his own money. He started by buying triplexes and quadplexes in Cincinnati. But the difficulty of scaling that model pushed him to change his direction. In January 2021, he left his job to focus on real estate. For him, working at his W2 job didn’t offer him much in terms of learning. But real estate gave him the ability to leverage money, time, and the opportunity to grow.
Key takeaways from this episode:
03:04 - Ryan’s journey and aha moments in real estate
06:52 - How Ryan shift from his W2 job to Real Estate
11:24 - When does residential real estate end and when does commercial real estate begin
12:29 - Constraints when starting a real estate business
12:18 - How to overcome the constraints in real estate
14:46 - The 2 bottlenecks at an early stage in real estate
16:19 - 2 things you need to do every day when you are in the business of Landlording
17:31 - How to convince people that real estate is powerful
19:18 - How to find deals in the commercial and multifamily space
22:41 - How to get started commercial real estate
27:22 - Ryan’s biggest obstacles in real estate and how he overcomes it
Tune in to learn more valuable information from this episode!
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Connect with Guest, Ryan Stenberg:
Website:Westeggrealestate.com
Email:ryanstenberg10@gmail.com
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