Correcting Misconceptions of RV Park Investing with Ryan Twomey, Ep 87

Journey to Multifamily Millions

Today's guest is Ryan Twomey, Ryan is one of the Founders and Managing Partners at TR Capital Partners. Starting in real estate by acquiring and managing small multifamily properties in Massachusetts he later transitioned into the large multifamily investment space where is flourishing today.

In this episode, Ryan talks about how the RV park industry is becoming more and more popular because of its high returns and less capital expenditure required when compared to regular multifamily buildings. Financial literacy, the value of action above mere knowledge acquisition, and real estate investment methods under various market scenarios are all discussed.

He dispels widespread misconceptions about the real estate industry, goes into additional detail on the importance of general partners and investors having aligned interests, and describes their individual definitions of success.

Episode Topics

[01:24] Meet our guest, Ryan Twomey
[01:52] Ryan's Journey into Real Estate
[03:19] The Power of House Hacking
[04:40] Expanding into Larger Multifamily Investments
[13:56] Exploring the RV Space
[23:20] Understanding the Current Market Trends
[28:06] What is one red flag every investor should look out for?
[29:31] What is a myth about the real estate business?
[32:13] Connecting to Ryan

Notable Quotes

• “When a GP invests alongside investors in their deals, it creates alignment of interest.” - Tim Little
• “Rents were also increasing. So it's more of an affordability play too for people.” - Ryan Twomey
• “A lot of people tend to invest in real estate when a market's thriving but when things slowdown they perceive it as dangerous to get into.” - Tim Little
• “Sticking to your fundamentals and not forcing a deal is key, because when people do that, they tend to get into trouble.” - Tim Little
• "Our strategy: focus on B or C class properties in B to B plus areas, add value by renovating, updating amenities, and raising rents. Control over asset value is our game-changer." -Ryan Twomey
• "The RV community isn't what people think. It's not just lower income; many are passionate, with RVs going for hundreds of thousands." -Ryan Twomey

👉Connect with Ryan Twomey

• LinkedIn: Ryan Twomey
• Website: TR Capital Partners

👉 Connect with Tim

• Linkedin: Tim Little
• Instagram: @tim_at_zana
• Email: [e-mail]
• Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
• Get your Passive Investor's Cheat Sheet FREE

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https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497