Investor/Agent still working a 9-5 in Phoenix area

[Ryan Hoover]

I have been listening to the podcasts for the last 2 years and joined the forums last year, but life has kept me from diving in with both feet. So I am finally getting around to introducing myself!

I got into real estate, like most, after reading Rich Dad Poor Dad in 2011. The next year I bought my first investment, a condo in Phoenix, AZ. During that process I realized that I could do much better than the agent that represented me for that transaction. So in 2013 I got my license, but wanted to keep it as a side hustle because I work for a local utility that pays well and has benefits.

Fast forward to the present and I am juggling a full time salary management job while still working as a local Realtor and doing as much if not more transactions than many full time agents I know. The real estate work is the most rewarding personally but it’s a hard to fully commit when you have a family. One day I hope to have enough passive cash flow to cushion that transition.

I am a value add buy and hold investor. I currently have 6 investment properties and am always looking to add more.

-2 vacation rental condos

-3 single family homes

-1 duplex

I am a big believer in buying in good areas with more potential for appreciation. Plus when your juggling so many priorities, I want less problematic tenants. Even though I use a property management company, it doesn’t make you immune to the drama.

When I have the time, I train Brazilian Jiu-Jitsu (Brown Belt now), exercise or travel mostly to California or Northern Arizona with my family.

My goal is to one day be on the BP podcast! So as you can see, I have my work cut out for me.