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A college grad can't find a job, becomes a hamster on a wheel as a used car salesman, and ultimately realizes that owning his own business is the way to go. He chose investing in mobile home parks to build a business around. He owns over 10 properties now and is doing amazing.

Investing in Mobile Home Parks with Ryan Narus

Key Points on Investing with Ryan Narus

Investing in mobile homes
Photographer: Angelo Pantazis | Source: Unsplash
  • He graduated in 2009 with a business degree and a psychology minor
  • Wanted to be in sales doing B2B work but he couldn't find a job because everyone wanted someone with five years of work experience
  • Got a job as a used cares salesman because his old karate instructor was a car sales manager
  • Sold well over 800 cars, won a bunch of awards, and wrote a book
  • Sprained his ankle and had to buy crutches to continue to sell cars which caused him to realize that he didn't want to do this anymore
  • Tried to start three businesses, all of them failed
  • Ended up writing a book, as of the time of the the podcast he's made $19.20 from book sales
  • Decided to go back to school for his MBA where he met his future business partner
  • His business partner asked him what he thought about trailer parks
  • He started investing in low income housing to help provide good places for underprivileged people to live
  • Had to live in his own trailer park to help offset his student loan debt so he could manage the property
  • Now owns 10 different properties because of his hard work and sacrifice
Moments of Truth Graphic
Moments of Truth Graphic
  • What is your success role model? Mike Conlon
  • What is your biggest success? Personally: The birth of his son; Professionally: Having a self sustaining business that allowed him to be with his son's birth and stay in the hospital
  • What does a typical day look like for you?
  • What is your favorite quote? "If you want to tell someone the truth, make them laugh, otherwise they'll kill you" -Oscar Wild
  • What are your hobbies? Teaching himself Spanish, football, and PokemonGo
  • What is the best business book you’ve read? Four Hour Work Week by Tim Ferriss
  • If there was one key piece of advice you could leave our listeners with about achieving success, what would it be? Network, learn, self-assess, sacrifice, and your performances are only as good as your won assumptions.

About Our Guest, Ryan Narus

Ryan Narus

My name is Ryan Narus. I'm a Mobile Home Park owner and operator with 9 Mobile Home Parks spanning ~1,151 units. I started with nothing. No money. With no experience. No network. I was a 20 something with way more student loan debt than actual capital to invest in deals. I'm just a normal dude. The only thing that makes me different is that I refused to quit. And I was willing to sacrifice, and do things others weren't willing to do. I found creative ways to make money while I scaled my business up. I was stuck in Corporate America. Now I have 5 employees and I work from home. I escaped. And I want to help others too.

http://www.archimedesgrp.com/

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