Podcast

Zen and the Art of Real Estate Investing with Jonathan Greene

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

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

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