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JF1443: Keeping Cash In The Business To Scale Faster with Ryan Scialabba

JF1443: Keeping Cash In The Business To Scale Faster with Ryan Scialabba

FromBest Real Estate Investing Advice Ever


JF1443: Keeping Cash In The Business To Scale Faster with Ryan Scialabba

FromBest Real Estate Investing Advice Ever

ratings:
Length:
29 minutes
Released:
Aug 15, 2018
Format:
Podcast episode

Description

Ryan and his business partner have a successful flipping business which will net 1.8 - 1.9 million this year. With the large income, you would think they’re giving themselves large salaries. That couldn’t be further from the truth, Ryan and his partner only pay themselves $60k a year. Hear how they’ve grown to where they are and why they leave so much cash in the business. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!   Best Ever Tweet: “At the end of the day, direct mail isn’t working as well as it did last year” - Ryan Scialabba   Ryan Scialabba Real Estate Background: Started investing in real estate at 19 - currently 25 Met business partner in 2015, formed Urban Capital Group Had first seven figure year in 2017 Will buy and sell about 50 houses in 2018, netting over $2M Based in Pittsburgh, PA Say hi to him at: http://homebuyersofpittsburgh.com/ Best Ever Book: Extreme Ownership   Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com   Best Ever Listeners: We have launched bestevercauses.com   We profile 1 nonprofit or cause every month that is near and dear to our heart. To help get the word out, submit a cause, or donate, visit bestevercauses.com.
Released:
Aug 15, 2018
Format:
Podcast episode

Titles in the series (100)

Are you ready for the best real estate investing advice EVER? Welcome to the world's longest running, DAILY real estate investing podcast hosted by Joe Fairless. Joe went from buying $35,000 single family homes to controlling over $500,000,000 worth of large apartment communities in under a decade. Join Joe as he interviews flippers, renters, builders, passive investors, and many other successful professionals ready to give you their Best Ever advice without the fluff. Plus, tune in every Friday for a special episode as Joe shares his own real estate investing and personal development knowledge.