Action Academy | Replace The Job You Hate With A Life You Love From Multifamily To NNN Commercial - How / Why Ryan Bodin Scaled 2000+ Doors, Sold Them ALL, & Pivoted To Commercial Investing
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Jan 2, 2025 Ryan Bodin, a seasoned real estate investor, dives into his strategic pivot from multifamily properties to a diverse triple net commercial portfolio. He discusses the importance of the Happiness Index in shaping life satisfaction and the challenges he faced transitioning to commercial real estate, all while highlighting innovative financing options. Ryan underscores the need for a strong internal team as investments grow and shares insights on navigating debt and maintaining important industry relationships amidst a shifting market landscape.
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From Fourplexes to 60+ Units
- Ryan Bowden started with two fourplexes, using $40,000 borrowed from his parents.
- He scaled up to 60+ units before selling everything to move to New Orleans.
Scaling to 1500 Units
- Using his wife's tax return, Ryan bought a 40-unit property in Baton Rouge.
- He continued scaling up, reaching 1500 units across three states.
Creative Financing & Property Selection
- Be creative with financing, such as seller financing and negotiating commissions.
- Focus on properties with either low occupancy or high CapEx, not both.