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All Forum Posts by: Tim Ryan

Tim Ryan has started 20 posts and replied 604 times.

Post: out of state investor wanting to invest in wisconsin or illinois

Tim RyanPosted
  • Investor / Mentor / Contractor
  • Arcadia, CA Buying Out of State
  • Posts 654
  • Votes 614

Yes to Wisconsin.  I am in Los Angeles and investing in SE Wisconsin for the past few years.  let's connect and I'll tell you more.

Post: Starting Out (House Hacking, Raising Money)

Tim RyanPosted
  • Investor / Mentor / Contractor
  • Arcadia, CA Buying Out of State
  • Posts 654
  • Votes 614

Find a mentor. You can learn and learn, but still not do anything. Or worse, do something wrong.  I've had several mentors. Without them I would not be where I am today in real estate investing.

On the other hand, I never really took on a contracting mentor and it took 20 years to fugure out that business. In retrospect I wish I had found a mentor, regardless of cost, and I could hav been where I am today, a decade earlier.

Post: New and Aspiring Investor

Tim RyanPosted
  • Investor / Mentor / Contractor
  • Arcadia, CA Buying Out of State
  • Posts 654
  • Votes 614

Welcome Nish.

You are making a good decision to get into real estate. Don't quit your day job just yet! It'll take time but can really pay off if you stick with it.

I'm in Los Angeles and I've investing in TN and GA in the past, and currently investing in SE Wisconsin (your area).

Let's connect and discuss the market.

Post: How did you get into multifamily?

Tim RyanPosted
  • Investor / Mentor / Contractor
  • Arcadia, CA Buying Out of State
  • Posts 654
  • Votes 614
Quote from @John Lasher:
Quote from @Tim Ryan:

John, I have (I think) a longer, interesting story about how I did. But in a nutshell I joined RE Mentor - David Lindahl from Boston area. His program taught me everything I needed to know, I met a ton of people, and found a partner. Together we owned 330 units in Chattanooga (before it was cool) and did extremely well there. We sold out in 2018 and now in a new market but we still own together a 42-Unit.

The coaching program was for sure the best thing I ever did. Coming up with the money for tuition was hard as my business (construction) was not doing great at the time.

My whole life changed when I went for it.


 Oh nice! Are you focusing on your construction business more than real estate syndication?


 Doing both. But since I am in the fire area of Altadena I will be very busy rebuilding houses for the next decade for me "day job". I'll never stop investing in rentals though and providing properties for my investor friends. I'm currently investing in the Milwaukee area.

Post: How did you get into multifamily?

Tim RyanPosted
  • Investor / Mentor / Contractor
  • Arcadia, CA Buying Out of State
  • Posts 654
  • Votes 614

John, I have (I think) a longer, interesting story about how I did. But in a nutshell I joined RE Mentor - David Lindahl from Boston area. His program taught me everything I needed to know, I met a ton of people, and found a partner. Together we owned 330 units in Chattanooga (before it was cool) and did extremely well there. We sold out in 2018 and now in a new market but we still own together a 42-Unit.

The coaching program was for sure the best thing I ever did. Coming up with the money for tuition was hard as my business (construction) was not doing great at the time.

My whole life changed when I went for it.

Post: First Post, New member but Old Listener

Tim RyanPosted
  • Investor / Mentor / Contractor
  • Arcadia, CA Buying Out of State
  • Posts 654
  • Votes 614

Giovanni, Congrats on deciding to go to the next level.  There is still a lot to learn but sounds like you are on the right track.  Let me know if you'd like to set up a meeting since we are local. I've helped many investors from simple advice over coffee to helping them through an entire investment.

Post: Buying my first property (NEED ADVICE)

Tim RyanPosted
  • Investor / Mentor / Contractor
  • Arcadia, CA Buying Out of State
  • Posts 654
  • Votes 614

For those buyers it's called "parking their money". I see the same in Los Angeles every day. Large Metros get this.

You should be looking in growth markets which have higher cap rates - but the future projection is they will decrease.

Mid-west for instance. 

I've bought several in the past few years at 8-10 caps and they have decreased already and the market is not even booming yet. But it will...

Post: Hi I'm Karmine!

Tim RyanPosted
  • Investor / Mentor / Contractor
  • Arcadia, CA Buying Out of State
  • Posts 654
  • Votes 614

Hi Karmine,

Let's go - 2025!!

Good to hear your motivation to get into real estate investing. I'm in Los Angeles but I invest in TN & WI. Mostly Racine currently.

Let's connect.

Post: Why do people Buy Property in California

Tim RyanPosted
  • Investor / Mentor / Contractor
  • Arcadia, CA Buying Out of State
  • Posts 654
  • Votes 614

Here's my investing motto:

Live where ever you want to live, invest ONLY where it makes sense.

For me I'd never live anywhere but SoCal - yeah the weather is that great.

But for investing I'll never own rentals there.

Post: Learning the Game of Real Estate Investing

Tim RyanPosted
  • Investor / Mentor / Contractor
  • Arcadia, CA Buying Out of State
  • Posts 654
  • Votes 614

I played Kiyosaki's Cash Flow 101 Game this weekend with 3 new Mentees of mine.

This is seriously not just fun, but really good for learning and mindset training.

If you haven't played this game - you must.  It's Monopoly on steroids.

Let me know your thoughts.