Millionaire by Mid-30s Using THIS Multifamily Rental Formula

Рет қаралды 27,431

Күн бұрын

Episode #821
Ryan Tseko became a multifamily millionaire by his mid-thirties after giving up his previous career to invest. By the time Ryan was thirty, he already had twenty-one rental units, paid off over six figures in student debt, and used his pilot job to scope out new property markets. Everything was going to plan until a once-in-a-lifetime opportunity presented itself. Ryan left everything and made the jump.
But how did Ryan end up in his multi-millionaire position? How did he go from house hacking “crash pads” for pilots to helping manage one of the largest real estate portfolios in the country? A better question-how did a commercial pilot become Grant Cardone’s right-hand man? Ryan’s story is unbelievable, but it’s true.
In today’s episode, Ryan will share why he gave up his high-paid job to bust his butt working for Cardone Capital, why Grant Cardone told him to sell his ENTIRE real estate portfolio, and the two-minute deal analysis Ryan does that instantly tells him whether a property is worth pursuing. Ryan proves ANYONE can go from nothing to much more than something-and you can, too!
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Connect with Ryan:
Instagram: @ryantseko or / ryantseko
KZfaq: / @ryantseko10x
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Show notes at: www.biggerpockets.com/blog/re...
00:00 Intro
02:33 Quick Tip
03:45 Pilot to Property Investor
10:17 21 Rentals by 30 Years Old!
13:02 $140K in Student Debt
16:29 Finding New Markets
17:52 Managing Properties at 30,000 Feet
20:35 Becoming Grant Cardone's Private Pilot
30:06 40 Units in 40 Days
42:49 Working with Grant and Selling His Portfolio
51:21 The 2-Minute Multifamily Formula
59:35 Flight, Fight, or Fright
01:03:50 Connect with Ryan!

Пікірлер: 49

@RyanTseko10X 10 ай бұрын

It was an incredible experience and a wonderful opportunity to share my story. I'm truly grateful for the platform you provide to individuals like myself. Looking forward to more opportunities in the future!

@vietpham8456 10 ай бұрын

Your story is amazing! Someone to look up to for a mentor.

@louisa5733 10 ай бұрын

Great interview & sharing. The point on paying off student debt first vs investing on a cash flow potential asset is gold. Cos if one opt for former, they have debt gone but no cash flow + appreciating asset. I was contemplating on which option. This was so helpful. 🙏

@sophiasavanna1329 10 ай бұрын

So well spoken & knowledge, I throughly enjoyed the interview

@Alex-Cortez 10 ай бұрын

I’m a corporate pilot and I relate to Ryan’s story very much. I have a similar story and started out with Room rentals for other pilots. It’s grown into much more today. Big results start with little wins.

@RyanTseko10X 10 ай бұрын

That's fantastic to hear! It's amazing how small beginnings can lead to significant accomplishments. Your journey sounds inspiring, and it's great that you've been able to expand beyond room rentals. Keep pushing forward and making those little wins count! ✈👍

@Alex-Cortez 10 ай бұрын

⁠@@RyanTseko10XI plan on pushing forward into bigger multi family like you have. it’s inspiring to see far you’ve come. I’ve learned a lot from you and Grant. Thank you for your insights and inspiration.

@Drew-hd4hm 10 ай бұрын

Not trying to hate or anything, but he made it seem like after already being hired as a salesman for Grant he told Grants wife he was a pilot and she asked if Grant knew and he said no. Then a few minutes later David asks him what did you offer Grant on the initial phone call that got you in the door and he says he told him he was a pilot and can run the flight division for free. I'm confused.

@ThePUMPJUNKY 10 ай бұрын

His story is incredible. Much respect

@RyanTseko10X 10 ай бұрын

Preciate that

@dstorm2.02 10 ай бұрын

That was powerful how you just under write that deal in 3mins. Great tip brother. Bigger pockets is gem of a podcast

@RyanTseko10X 10 ай бұрын

Thank you!

@DanKohan 10 ай бұрын

Wow, Ryan! Your story is amazing. The training and discipline from flying seem to have been a big help in your real estate success. I'm sure traveling to different places as a pilot helped you find good real estate deals. Keep it up!

@RyanTseko10X 10 ай бұрын

Thanks a lot! Flying taught me discipline and skills that translate well into real estate. Being a pilot also helps me spot good deals in different places. Excited for what's ahead! Thanks for the support!

@skysthelimit.podcast 10 ай бұрын

Wow this is crazy impressive!Keep up the good work!

@JaydonRose 10 ай бұрын

RYAN TSEKO in the House! Good to see you on BP buddy! ❤😁

@RyanTseko10X 10 ай бұрын

🙌🙌

@EGoldman 10 ай бұрын

Great show. I appreciate him mentioning his timing in the beginning. Not to take anything away from anyone but I think it is helpful for anyone whos looking to get started in investing today to recognize that the last 10-15 years have been nothing but exponential growth in real estate. Much has changed in the last 2 years.

@RyanTseko10X 10 ай бұрын

Timing is everything to me!

@dhowto3005 10 ай бұрын

Congratulations Mr. Ryan Tseko!!! This was an awesome story!

@RyanTseko10X 10 ай бұрын

Thank you so much! I'm really glad you enjoyed the story. Your congratulations means a lot to me! If you have any questions or want to hear more, feel free to let me know. Thanks again!

@mravsolody 10 ай бұрын

Great show gentlemen.

@TheKSProduction 10 ай бұрын

Is now a good time to apply for a home equity loan when home values are up?

@varnelnoel1970 10 ай бұрын

49:33 … golden!!!!

@RyanTseko10X 10 ай бұрын

🙌🙌

@Freshprankstv1 10 ай бұрын

Dave u were saying he bought blue states in that interview 8 yrs ago but now he does red states except for that Malibu prob, red states more landlord friendly .

@dennishowland7495 10 ай бұрын

How can you get in touch with Ryan seko for investment property

@gavenhohl8038 10 ай бұрын

Cardone Capital

@ThePUMPJUNKY 10 ай бұрын

He exaggerated the Grant story. 😂😂😂😂

@giggityeffyou 10 ай бұрын

Litcherally 🤬

@matthewburkholder1076 10 ай бұрын

@@giggityeffyou😂😂😂

@suhrobnurillaev2327 10 ай бұрын

🔥 🔥🔥

@RyanTseko10X 10 ай бұрын

🙌🙌

@mlh5434 10 ай бұрын

Here's what I don't get. A lot of these videos are all "so I bought this multifamily complex 18 months ago and am now cashflowing and it's amazing!!" If that's the case, why did the previous owner sell you the multifamily complex, since he/her in theory was also "cashflowing and it was amazing!!" Something's....not adding up here. If buying real estate leads to these astronomical returns, why isn't everyone buying real estate? Or said different, why would anyone ever sell real estate to a potential buyer? "The key to wealth building is buying real estate!!!" But the only way this works is if the person selling you that real estate didn't get the memo that the key to wealth building is buying real estate, because he's getting rid of the thing that's in theory the key to the wealth building. Doesn't...make...sense...

@adrielaraujo2604 10 ай бұрын

Peoples goals change throughout life when landlords get older they may prefer tge cash or pay down debt or possibly 1031 into something that makes more money off the equity.

@abq5525 10 ай бұрын

Good episode, but can y’all add more adds….

@legacyopp9318 10 ай бұрын

What an amazing story.. and with uncle G

@RyanTseko10X 10 ай бұрын

Thank you!

@gabemiller4100 10 ай бұрын

In the early days of Bigger Pockets "quick tip" was said in a high pitched voice. Now you say it in a creepy mass murder voice. Can you please go back? It always used to make me smile and now it makes me cringe.

@PlatypusVomit 10 ай бұрын

Can confirm, investing in real estate was one of the worst things I've done in my entire life. Lost literally my entire life savings.

@koby2995 10 ай бұрын

His mancrush on Cardone is very weird, might as well have his babies at this point.

@matthewburkholder1076 10 ай бұрын

😂😂

@Wavyysav 4 ай бұрын

🤣🤣🤣🤣

@that9blife465 2 ай бұрын

Airline paying for all your expenses and making 120 hr. Bruh stfu !

@darnellkramer-fitnessfound4064 10 ай бұрын

Thank you @RyanTseko10X You took the selfless approach. You looked to help someone else without the expectation of reward. It is a powerful tool in marketing and in relationship. Exactly how I am thinking about moving into the commercial side. I don;t need the money and simply want to learn the industry by helping some of those that are doing it. Step 2 is then of course reaching back and helping those from the communties that I grew up in. Keep it up.

@RyanTseko10X 10 ай бұрын

I appreciate that!

@matthewburkholder1076 10 ай бұрын

He was doing all of this totally for a reward...

@darnellkramer-fitnessfound4064 10 ай бұрын

@@matthewburkholder1076 Oh, I must have missed the point where he had a contract for pay prior to helping out.