199: From Scratch To Success Through Local Homebuying with Ray Glymph

16 Dec 2024 • 51 min • EN
51 min
00:00
51:34
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Sometimes, becoming an accidental landlord can be the best thing to happen to a would-be investor. Today’s guest experienced exactly that, leading to a successful real estate investing career. On today’s episode of Zen and the Art of Real Estate Investing, Jonathan interviews Ray Glymph, a real estate investor and mentor who started with nothing and transformed his passion for real estate and investing into over 100 doors. Ray also runs a mentorship program to help others do the same. As Jonathan and Ray start their conversation, they explore Ray’s accidental entry into real estate investing. Ray shares what happened with his first investing property purchase, his mistakes, and what it taught him about real estate investing. You’ll hear how investors can help improve neighborhoods and increase returns over time, the importance of knowing your end client, and why it pays to be local. Ray shares how he negotiates and works with contractors, what he likes about the West Virginia, Ohio, and Pittsburgh, Pennsylvania, area, the upsides to gentrification, and the importance of staying on top of what’s going on with your property while preparing for future expenses. Ray Glymph’s start-from-scratch story is inspiring, and his passion for helping others succeed shines through. In this episode, you will hear: Ray Glymph’s entry into real estate investing as an accidental investor His first investment property purchase, the mistakes he made with it, and what Ray learned from that experience How investors can help improve neighborhoods and increase their returns The importance of knowing who your end client is, the competitive advantage of being local, and the power of networking Becoming the problem solver in your community and creating great off-market deals Understanding your costs as a new investor in a new neighborhood Negotiating with contractors to get a better price and hanging on to the good ones What Ray likes about the West Virginia, Ohio, and Pittsburgh, Pennsylvania markets Gentrification and the positive impact landlords can make Being aware of what’s going on with your property and preparing for the future What’s on the horizon for Ray’s business Follow and Review: We’d love for you to follow us if you haven’t yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We’d love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at https://zenandtheartofrealestateinvesting.com/podcast/199/ to download it. Supporting Resources: Ray Glymph’s YouTube channel - www.youtube.com/@RayGlymph Ray’s Instagram - www.instagram.com/rayglymph Connect with Ray Glymph on LinkedIn - www.linkedin.com/in/rayglymph Real Estate Inner Circle - www.skool.com/real-estate-inner-circle-7661/about Website - www.streamlined.properties YouTube - www.youtube.com/c/JonathanGreeneRE/videos Instagram - www.instagram.com/trustgreene Instagram - www.instagram.com/streamlinedproperties TikTok - www.tiktok.com/@trustgreene Zillow - www.zillow.com/profile/StreamlinedReal Bigger Pockets - www.biggerpockets.com/users/TrustGreene Facebook - www.facebook.com/streamlinedproperties Email - info@streamlined.properties Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.

From "Zen and the Art of Real Estate Investing"

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