New Member Introductions
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago,
New member from San Diego!
Hello Bigger Pockets Community!
I want to take this opportunity to introduce myself, and thank you all for contributing to my real estate education. My name is Ryan Zomorodi and I have been listening to the BP podcast for over a year. After graduating from San Diego State University, I began working in sales for one of the largest food and beverage companies in the world. The 12-hour work days provoked me to question life, and led me to seek ways out of the “rat race.” I was inspired by friends who were doing well in real estate, so I spent all of my “free” time driving, running, cooking, etc listening to these podcasts, which helped me cope with the lack of work/life balance and to discover a way out of this corporate nonsense.
Fortunately, by listening to Josh and Brandon, as well as other sources I’ve found, I’ve discovered the power of passive income through rental property. My parents own two rentals that I help manage, but until recently, I hadn’t realized that this type of asset could be my ticket to financial freedom.
I began my search in early 2015 to find my first rental property to purchase and cash flow in San Diego. Soon enough, I found out that inventory was very tight and prices were very high (at least where I was looking). I considered a house hack, however the homes that I could afford were in areas that my friends and I did not desire to live (I share rent 4 ways in a condo on the beach). The numbers did not make a lot of sense, so I took my search out of state. In addition to BP, I listen to Jason Hartman’s Creating Wealth podcast, The Real Estate Guys, and Get Rich Education. These programs all spoke highly of turn key rental properties, in linear markets, where cash flow is strong. This has lead me to work with one of Jason’s providers in Memphis, TN, where I now have an A Class home under contract. Scheduled to close within 30 days. I will be flying out to tour the property and city in a couple of weeks.
My goal is to build a portfolio of rentals and investments, so that my passive income exceeds 20k per month. This will serve as a platform for me to pursue my passions full-time in music, travel, philanthropy, surfing, and much more.
Feel free to reach out anytime, happy to be a part of this great community!
Sincerely,
Ryan Zomorodi