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Living Off RentalsAuthor: Kirby Atwell
We believe that a high quality rental property is the best investment a person can make. This podcast equips listeners to build a rental portfolio of their own. Each week host, Kirby Atwell, interviews someone who is living off rentals and identifies best practices, advice, and potential investing pitfalls to avoid! Language: en Genres: Business, Entrepreneurship, Investing Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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#349 - How to Get Double the Income from a Property by Renting Rooms Individually - Ryan Chaw
Wednesday, 21 October, 2026
Joining us on this episode of Living Off Rentals is someone who found a profitable niche right next to college campuses. Ryan Chaw is a real estate investor who specializes in student housing and renting by the room. He started buying properties on the side while working full time as a pharmacist, inspired by the rentals his grandfather used to build generational wealth for their family. Today he helps busy professionals buy their first cash-flowing student rental. Listen as he shares the $30,000 lesson from his first property and how one duplex rented to 12 college baseball players brings in $7,360 a month. He also explains how he picks the right houses near campus and screens tenants so shared homes run smoothly. Enjoy the show! Key Takeaways: [00:00] Introducing Ryan Chaw and his real estate journey [02:42] Getting into real estate investing as a young pharmacist [04:39] Ryan's first rental property and the lessons he learned [05:39] Finding better tenants by targeting graduate students [06:44] Losing over $30,000 on his first property [09:55] How Ryan worked out a deal with his dad after the unexpected repairs [10:40] The three things you need to get right with student housing [11:47] B.I.G. method for finding the right property [13:49] Structuring student leases [15:54] The ideal bathroom-to-tenant ratio [17:13] Converting existing space into additional bedrooms [18:51] Managing neighbors and student housing complaints [20:15] The three-strike policy for head tenants [24:05] Ryan's cash flow targets and the 2% rule [25:42] The PRIME method for finding high-quality tenants [29:56] Ryan's real estate investing community works [31:53] Outro Guest Links: Website: https://www.newbierealestateinvesting.com/ YouTube: https://www.youtube.com/@ryanchaw1 Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – https://www.livingoffrentals.com/ Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals Want to start investing in short-term rentals? Book a call to see if my STR Blueprint program is a good fit for you: livingoffrentals.com/call
