1. EachPod

How to Achieve Wealth, Balance Health and Find Freedom in Real Estate| The Newly Invested Podcast, Ep.11, with Ray Glymph

Author
Newly Invested
Published
Tue 18 Jun 2024
Episode Link
https://podcasters.spotify.com/pod/show/newly-invested/episodes/How-to-Achieve-Wealth--Balance-Health-and-Find-Freedom-in-Real-Estate-The-Newly-Invested-Podcast--Ep-11--with-Ray-Glymph-e2l0i2r

👉Click HERE to Attend Rays FREE training every Tuesday for invaluable insights to boost your success!


Welcome to another episode of Newly Invested! In this exciting episode, host Judith Tait sits down with Ray Glymph, a seasoned business and life coach who has inspired entrepreneurs at every level, from mom-and-pop businesses to 8-figure corporations. Ray’s incredible journey from homelessness to owning over 100 units is both inspirational and enlightening.




Episode Highlights:


1. Introduction:



  • Meet Ray Glymph, a distinguished business and life coach featured on platforms like Yahoo and Google.



  • Ray’s numerous accolades include being a 40 under 40 candidate and winning the NAACP Champion of Change award.




2. Ray's Background:



  • Ray’s journey from Brooklyn, NY, to becoming a successful entrepreneur.



  • The pivotal moment in Ray's life: Living in a homeless shelter at a young age after his father lost his job post-9/11.



  • How his challenging childhood experiences fueled Ray’s motivation to achieve sustainable financial freedom.




3. Affirmations and Mindset:



  • Ray’s powerful daily affirmations: "I deserve to be wealthy, healthy, and free."



  • The importance of having a mindset that encompasses wealth, health, and freedom, and how these affirmations drive his daily actions.




4. Career and Personal Life Insights:



  • Ray’s personal definition of freedom.



  • The balance between financial success and personal happiness, emphasizing the importance of health and time with family.




5. First Investment Experience:



  • Ray’s initial foray into the entrepreneurial world by starting a Taco food truck.



  • His first real estate investment, buying and renovating a house in a challenging neighborhood.



  • The valuable lessons learned from these early ventures.




6. Investment Strategies and Education:



  • The importance of finding a mentor and continuous education in real estate.



  • The pitfall of purchasing properties based on emotion rather than solid financial analysis.



  • The 1% rule for evaluating potential rental properties as an initial screening tool.




7. Analyzing Real Estate Deals:



  • Key factors to consider, including the neighborhood’s crime rate and school system quality.



  • The importance of achieving a high cash-on-cash return, aiming for at least 20-30% for long-term investments.




Connect with Ray Glymph:


Instagram: @Rayglymph


Website: Ray Glymph Coaching


Click HERE to Attend Rays FREE training every Tuesday for invaluable insights to boost your success!


Tune in to the full episode with Ray Glymph to discover how he overcame significant obstacles and achieved remarkable success in real estate investing. 


Don’t forget to subscribe, leave a review, and share this episode with your network.


Thank you for listening! Stay tuned for more inspiring stories and expert advice to help you achieve your real estate and financial goals. Happy investing!

Share to: