Sometimes, an unexpected turn can spark an incredible journey, and that’s exactly what happened to Ray Glymph. An accidental landlord turned successful real estate investor, Ray shares his story with Jonathan on this episode of Zen and the Art of Real Estate Investing. Starting with nothing, Ray built a portfolio of over 100 doors and turned his passion for real estate into a thriving career. Now, through his mentorship program, he’s helping others achieve their own real estate goals and discover the possibilities of investing.
Jonathan and Ray begin their conversation by diving into how Ray’s unexpected foray into real estate investing became the foundation of his career. Reflecting on his first property, Ray shares the lessons he learned from early missteps and how they shaped his approach to real estate. He discusses investors’ role in revitalizing neighborhoods, the value of understanding your target tenants, and the benefits of staying local in your investments. Ray also opens up about his strategies for negotiating with contractors, why he’s drawn to areas like West Virginia, Ohio, and Pittsburgh, and the positive aspects of gentrification. With a focus on proactive property management and planning for future expenses, Ray offers insights for investors at any stage.
Jonathan and Ray delve more in-depth into the following:
- Ray shares his early problems in real estate investing, mostly revolving around managing and screening tenants.
- As he gained more experience, Ray started to scale his business and expanded into multifamily buildings.
- Networking is where Ray finds his best deals.
- Reliable contractors can be hard to come by, and Ray recommends hanging on to them when you find them.
Ray Glymph began his real estate career with nothing, but he put in the reps to learn and now has a successful and growing real estate portfolio while he teaches others to do the same.
If you want to learn more about Zen and the Art of Real Estate Investing Podcast, check out https://zenandtheartofrealestateinvesting.com/podcast/199/.