Ryan Murdock

Successful Transition from Electronics to Real Estate Investing

 Today Dr. Allen chats With Ryan Murdock, a real estate investor and VP of Acquisitions at Open Door Capital. Ryan Murdock spent 10 years in the electronics manufacturing industry before transitioning to real estate investing and property management in 2007. Ryan was a licensed real estate broker for over a decade and owns and operates a portfolio of residential rental properties outside of his interest in Open Door Capital.

After 10 years in the electronics manufacturing industry, Ryan realized that he should think about some other future career options. After a lot of research and study, he started investing initially in duplex apartments. Now he has extensive management experience in many facets of real estate including retail, office, multi-family, HOA, and especially mobile home parks - including nationwide consulting and turn-around projects.

In today’s chat, listen to Ryan’s journey from the electronics manufacturing industry to the trouble, mistakes, misery, and success in the real estate investment. He believed that before starting any new task we should acquire the required experience and knowledge.

3 Key Points from the episode:

1. Acquire the essential knowledge and expertise before starting investment
2. Prepare financially for any of the worst-case scenarios.
3. You should be responsible for your mistakes.

Connect with Ryan:

https://odcfund.com/

[email protected]

(207) 570-6588

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