JF1443: Keeping Cash In The Business To Scale Faster with Ryan Scialabba

Ryan and his business partner have a successful flipping business which will net 1.8 - 1.9 million this year. With the large income, you would think they’re giving themselves large salaries. That couldn’t be further from the truth, Ryan and his partner only pay themselves $60k a year. Hear how they’ve grown to where they are and why they leave so much cash in the business. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“At the end of the day, direct mail isn’t working as well as it did last year” - Ryan Scialabba

 

Ryan Scialabba Real Estate Background:

• Started investing in real estate at 19 - currently 25
• Met business partner in 2015, formed Urban Capital Group
• Had first seven figure year in 2017
• Will buy and sell about 50 houses in 2018, netting over $2M
• Based in Pittsburgh, PA
• Say hi to him at: http://homebuyersofpittsburgh.com/
• Best Ever Book: Extreme Ownership

 

Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com

 

Best Ever Listeners:

We have launched bestevercauses.com  

We profile 1 nonprofit or cause every month that is near and dear to our heart. To help get the word out, submit a cause, or donate, visit bestevercauses.com.

Learn more about your ad choices. Visit megaphone.fm/adchoices