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Disruptors

Ryan Scialabba shares how he flipped 70+ houses for a gross profit of $1.9MM in 2019

Disruptors

Steve Trang

Business, Investing, Careers

5741 Ratings

🗓️ 5 December 2019

⏱️ 80 minutes

🧾️ Download transcript

Summary


Ryan Scialabba talks about how he went from quitting college to instant success before tragedy struck. He then talks about how he got back and scaled his business to over $2MM in revenue in 2019.



Video Replay of Interview with Ryan Scialabba







Podcast of Interview with Ryan Scialabba



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Show Notes: Coming Soon



Transcription: Coming Soon

Transcript

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0:00.0

Hey everybody. Thank you for joining us for today's episode of Real Estate Disruptors. Today we have Ryan Shalaba with Urban Capital and he flew it from Pittsburgh to show how he and his partner have flipped over 70 properties so far this year for close to $2 million in gross profit. If this is your first time tuning in, I am Steve Trang and I help entrepreneurs create businesses that support their family, lifestyle, and goals through mentorship. I'm on a mission to create 100 millionaires. You want to be part of that journey.

0:25.3

Drop me a message on Instagram at Steve.tran. If you're excited for today's show,

0:30.1

please give me a wave, give me a thumbs up. And as a friendly reminder, I don't charge a dime

0:33.5

for this show. I don't make any money doing this. So here's all I ask. This is what it costs for you to listen to the show.

0:38.3

I still need to get the 500 five-star reviews in iTunes because I have some crazy goals in 2020.

0:43.9

So please do me favor. Go into iTunes, subscribe, give a five-star review.

0:47.8

Even if you're listening to Spotify or any other podcasting app, if you could please go to iTunes and give us a review, that would be fantastic.

0:54.8

And if you could write down what you like about the show, that would be even better.

0:58.0

And this is a live show. Ask questions for Ryan Answer. He's promised me. There's no question,

1:04.4

no matter how personal, that he won't answer. All right, you ready? Yeah, let's do it.

1:09.7

All right. So first question is,

1:10.9

what got you into real estate? So I'm sure everybody opens up the same way, right? Way back when,

1:16.8

but obviously I'm a young guy, so I'm 26 years old. I actually got into real estate because of my

1:23.1

dad, and he worked for U.S. Airways for a number of years. And in about a span of 18 months back in

1:31.9

2004 through 05, 06, their company filed bankruptcy twice. And so you have all these workers.

1:40.4

And I watched my dad at young age, I like 10 11 years old I watched him lose his pension

1:47.5

lose 401k stock option all of that and get his pay cut in half and I watched us go from like just

1:57.2

really kind of non-stressed about about money as a family to you know kind of batten down

2:03.1

the hatches and a big change in like just lifestyle and mindset really as he tried to kind of

2:08.9

climb back out and so from 10 11 years on years old on we started doing a lot of stuff together on

2:17.0

the side so we were flipping dirt bikes,

2:19.2

flipping cars, tickets. That was when eBay Craigslist was getting real big, you know. And,

...

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