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E12 Episode 12 – Mobile Home Parks With Ryan Narus

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Manage episode 242073806 series 2503757
Content provided by Kevin Brown & Jim Kittridge, Kevin Brown, and Jim Kittridge. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kevin Brown & Jim Kittridge, Kevin Brown, and Jim Kittridge or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Ryan Narus is a double graduate of Wake Forest University with an undergraduate degree in Psychology and an MBA with concentrations in Operations and Marketing. He began his career as an award winning salesman, then took that knowledge to write and sell a book. After graduating with his MBA, Ryan went to work for Wells Fargo's Operations Leadership Program. Ryan works full-time on operating and growing the Archimedes Group portfolio.

Click here to listen online, read notes, and connect with our guest

In This Episode We Cover:

  • How Ryan became a succesful real-estate entrepreneur
  • Three aspects to a deal
  • Finding and reaching out to investors
  • What made Ryan choose mobile home parks
  • Investment criteria
  • Importance of having a good location
  • How learning Spanish can give you a competitive advantage
  • Tips on finding deals
  • Deal breakers
  • Ryan’s valuation techniques
  • Choosing between deals
  • Determining the fair market rent
  • Ways to increase property value

Ryan’s book recommendations:

  • Rich Dad, Poor Dad by Robert T. Kiyosaki
  • The 4-Hour Work Week by Tim Ferriss
  • Never Split the Difference by Chris Voss

Connect With Our Guest

Connect with Kevin Brown & Jim Kittridge

Find out more at http://whoknowsrealestate.com

  continue reading

23 episodes

Artwork
iconShare
 
Manage episode 242073806 series 2503757
Content provided by Kevin Brown & Jim Kittridge, Kevin Brown, and Jim Kittridge. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kevin Brown & Jim Kittridge, Kevin Brown, and Jim Kittridge or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Ryan Narus is a double graduate of Wake Forest University with an undergraduate degree in Psychology and an MBA with concentrations in Operations and Marketing. He began his career as an award winning salesman, then took that knowledge to write and sell a book. After graduating with his MBA, Ryan went to work for Wells Fargo's Operations Leadership Program. Ryan works full-time on operating and growing the Archimedes Group portfolio.

Click here to listen online, read notes, and connect with our guest

In This Episode We Cover:

  • How Ryan became a succesful real-estate entrepreneur
  • Three aspects to a deal
  • Finding and reaching out to investors
  • What made Ryan choose mobile home parks
  • Investment criteria
  • Importance of having a good location
  • How learning Spanish can give you a competitive advantage
  • Tips on finding deals
  • Deal breakers
  • Ryan’s valuation techniques
  • Choosing between deals
  • Determining the fair market rent
  • Ways to increase property value

Ryan’s book recommendations:

  • Rich Dad, Poor Dad by Robert T. Kiyosaki
  • The 4-Hour Work Week by Tim Ferriss
  • Never Split the Difference by Chris Voss

Connect With Our Guest

Connect with Kevin Brown & Jim Kittridge

Find out more at http://whoknowsrealestate.com

  continue reading

23 episodes

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