Real Estate Investor Magazine South Africa November 2016 | Page 52

GREYSTONE Sean Ryan Founder & CEO of Greystone Residential S ean Ryan has spent more than a decade as a pioneer within the single- family residential industry and has facilitated the acquisition, investment, renovation, management and development of thousands of homes in multiple states across the U.S. It was his first-hand knowledge of the many challenges new property investors face that gave rise to Greystone and its end-to-end service platform. Before becoming CEO and founder of one of the biggest names in the buildtorent industry, Ryan was a new investor experiencing what he describes as a “seemingly endless” amount of obstacles with no one to help or guide him along the way. Unlike many of his industry peers, investing is not the “family business.” In fact, Ryan comes from a humble background which included a period of homelessness as a child. It was his desire to succeed that carried him over each hurdle he faced. Ryan purchased his first properties in his early 20s at the beginning of what he would later learn was a historic 50 NOVEMBER 2016 SA Real Estate Investor housing crisis. Even though he had purchased the properties at a great price, he was unable to sell them for a profit. There was never a “Plan B” for Ryan, and rather than accepting a loss, he chose to forgo having a car, cell phone and enough food to eat. His resilience eventually paid off, and he was able to sell the houses double his initial investment. It is lessons and experiences like this that have motivated Ryan to make smart real estate investing as easy and accessible as possible to everyone. He firmly believes that property has the potential to be the safest investment option out there, but the many unknowns act as barriers that prohibit most from ever even getting started. He has worked tirelessly to design a platform that allows experienced investors to add institutionalgrade property to their portfolios, but is built around supporting clients from across the country and around the world who are just getting started on their own journeys building wealth in U.S. real estate. www.reimag.co.za