When Ryan Groene was in college, he thought he had it all planned out: he’d play baseball, go to parties, get his degree in finance, and the rest would come. But his life didn’t turn out that way. When Ryan found himself in corporate America, he couldn’t wait to get out. After being asked to leave his job, Ryan pursued a career in real estate. In today’s episode, we sit with Ryan to talk about his journey in the industry, his success with mobile home investing, and why this asset class is so unique. We kick off the show by finding out more about his experience in corporate America and why he couldn’t integrate into corporate culture. Following this, Ryan tells us how he stumbled into his first real estate deal by pure chance. Delving deeper, we ask Ryan to tell us about how his systems have improved and his method of finding the right partners.
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We find out that confidence is key, and that the more deals you do, the quicker they come in succession. He expands on this and reveals his work-style and why having a big-brother approach doesn’t encourage a strong working relationship. Toward the end of the episode, Ryan explains why mobile home parks have been so resilient during the pandemic. Before we close the show, Ryan then shares why he thinks he has achieved such success. To find out about his daily habits, how he meets new investors, and some of the ways he likes to give back, be sure to tune in.
Key Points From This Episode:
- Introducing today’s guest, Ryan Groene.
- Ryan tells us about his background and how he got into mobile home parks.
- Why Ryan couldn’t mesh with corporate culture.
- Ryan details his first experience with mobile home parks.
- Hear about how Ryan acquired his first mobile home park.
- Some of the adversity Ryan faced as a young investor in his early years of real estate.
- How Ryan’s systems improved as he made more deals.
- The hardest part of growing Ryan’s brand.
- How Ryan finds the right partners.
- The effects of the pandemic on Ryan’s portfolio and his asset class.
- Ryan’s predictions for real estate in the next six to 12 months.
- Hear Ryan’s daily habits for success.
- The best way Ryan meets new investors.
- The number one thing that has contributed to Ryan’s success.
- Ways Ryan likes to give back.
[bctt tweet=”I’d never owned any other asset class. I’d only bought mobile home parks. With mobile home parks comes other real estate — I’ve owned single-families, apartments, garages, storage units, vacant land.” — Ryan Groene” username=”whitney_sewell”]
Links Mentioned in Today’s Episode:
About Ryan Groene
Ryan Groene graduated from The Farmer School of Business at Miami University (OH) in 2012 with a B.S. in Finance. During his academic career, Ryan played 4 years of collegiate baseball. After graduation, he worked in the Finance industry prior to getting into the mobile home park industry full time. Currently, his portfolio has grown to over 7 parks, spreading across 300 lots across the Midwest and Southeast. Ryan also serves as the Director of Operations for Buckeye Communities where he oversees the operations of over 400 lots spread across 5 parks in Ohio and Michigan. Ryan has been involved with over 1000 lots and almost every aspect of finding, running, turning around, and refinancing/selling mobile home communities.
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