Podcasts about for ryan

Ryan went all the way to Glasgow to see Lola and all you got was this lousy podcast. We talk about international travel restrictions related to the upcoming piercing conferences in Germany and the UK. We also discuss our evolving needs on how we schedule specialty services. For Ryan that means piercing kids' lobes, for Lola that means managing genital piercing clientele. We talk about a need to distinguish between services that can be self-booked by clients, and services that require a bit more management. If you'd like to register for Ryan's upcoming Bevel Theory webinar on August 8 2021 the deadline will be Friday August 6. Use this registration from to sign up, but don't delay: https://forms.gle/x2c4edcH7nDbTX5m6. There is new content monthly for you at www.patreon.com/ryanpba. Not only can you watch the video version of this podcast but you can also get instant access to a library of on-demand education content.

Content warning: This interview contains some explicit language and graphic, frank talk about sex that some listeners might be sensitive to. Ryan O'Connell is the creator and star of the Netflix show Special. It's a semi-autobiographical sitcom about Ryan's own life – his experience as a gay man, and coming to terms with his identity as a disabled person. Ryan has cerebral palsy. It's a congenital disorder that can affect someone's movement, muscle tone, or posture. For Ryan, that means it manifests mainly as a limp. Season one of the show tackles Ryan coming to terms with his disability. In the latest season Ryan learns to become more accepting of himself. The show's depiction of disability on screen is groundbreaking. It shows the intersection of disability and sexuality in a way that is rarely ever seen on screen. And it does it in a way that is funny, lighthearted and relatable. Public radio veteran Ray Suarez interviews Ryan on the latest episode of Bullseye.

Coach Trevor Connor and Chris Case, as well as Coach Ryan Kohler and Fast Talk producer Jana Martin, all chose an N1 Challenge in the fall of 2020. Now, part way through the training and preparation for their big events, they discuss what they've learned and the adjustments they've made to keep themselves on track. The premise of the N1 Challenge is that each of the four riders is an experiment of one (n = 1); however, each rider's training experience can offer lessons for everyone. For Jana, who is new to cycling and is preparing for a gravel race in the Colorado mountains, that has meant incorporating more structured riding into her program and being mindful of the intensity at which she rides. For Ryan, a time-crunched husband and father of two who is preparing for Breck Epic, a six-stage mountain bike race, he has found new ways to be creative when planning his weeks. Trevor, who at the age of 50 is hoping to remain competitive in the pro field at the Joe Martin Stage Race, has been reminded just how hard he needs to train to find that last 10 percent of his form. Finally, Chris reveals his struggles to determine just how much recovery he needs after big training blocks and camps as he prepares for his first ultra-cycling, bikepacking race. Learn more about your ad choices. Visit megaphone.fm/adchoices

On the surface, Ryan Grilz and Danielle Grilz fit the bill of a Power Couple to a T. However, the term ‘power couple’ generally denotes a romantic union magnified by the individual's combined influence and earnings. The young and attractive husband and wife duo of Ry & D (Ryan and Danielle) naturally project the textbook image of the picture perfect partnership with pull, making the most of modern media with backgrounds in fitness and music, respectively. While #relationshipgoal aesthetics and dream industry endeavors back the power couple stereotypes, it’s not gym gains, financial success or likes that prove their power. The power of Ry&D comes from vulnerability and uplifting others. https://youtu.be/Ywi5zagavQA   Ryan Grilz and Danielle Grilz interview on Digital Hospitality: Ryan Grilz and Danielle Grilz were guests on the Digital Hospitality podcast where Ry&D opened up about their journeys, gave advice on life and business, and shared tips and strategies for social media marketing and digital content creation. GET IN TOUCH WITH RY AND D: The Ry&D Show on Instagram — http://instagram.com/theryanddshow Ry&D Enterprises on LinkedIn — https://www.linkedin.com/company/the-ry-d-show/ Ryan Grilz Links — https://linktr.ee/ryangrilz Danielle Grilz Links — https://linktr.ee/Danielleld08 “I had to deal with very, very bad situations such as a gun to my head,” recalls Danielle on her traumatic past. “That's where I felt inspired to want to help others.” For Danielle, a difficult dating history plagued by domestic violence led her to be an advocate in uplifting women. Spiritual healing and her own divine path led her to Ryan, a once undersized kid suffering from multiple sclerosis who later became bodybuilder big but not without baggage. “I feel like I'm 90 years old,” notes Ryan on the aftereffects of using performance enhancing drugs at a young age. “My body hurts, every joint hurts, I’ve had two shoulder surgeries, my back hurts and my knees have been blown out. It's awful and when I look back at what inspired me to do that is why I'm an advocate of doing things correctly and understanding the risks.”   Sharing Stories Online to Help Others: In January 2019, the power couple who spent much of their lives feeling powerless started The Ry&D Show as a way to share their story and help others. The pair pride themselves on helping others find their own self-worth and confidence through holistic practices, relationship coaching and modern media. For Ryan, putting himself out there in the digital world was not easy whether it was personally or professionally. “I’d never made a Facebook in my life,” laughs Ryan Grilz about his early social media experience. “I'm thirty-one years old and I've never made one. I never was on social media and I thought only about doing business with people in person. Then life changed last year, and we really cranked up our digital media presence and aligned ourselves to the right marketing individuals. The floodgates are open because there's no way, especially with the light in the landscape of COVID, to be able to do what we can do without social media.” Despite success in professional endeavors and the support of a loving wife, Ryan’s hesitancy to put himself out there online was much like the rest of us. “I didn't have the confidence,” admits Ryan. “Or I thought someone did not value what I had to say. So, that's important for anyone out there that is apprehensive or thinks that what they have to offer is subpar to someone else. You're wrong. What everyone has to say, whether celebrity, A-list or athlete or just someone that is a typical startup in any town in the world, you have something to offer and people can resonate with that.” By being vulnerable, sharing his story and not second guessing himself, Ryan has been able to grow more comfortable in a space he never even understood. For him and Danielle,

What the COVID-19 pandemic has revealed to the American public is the stark difference in philosophies between Democrats and Republicans in this country - Democrats want to control your lives, Republicans want you to live your lives. For Ryan, there is a simple bullet-point approach that should appeal to a wide swath of Coloradans and the original independent, pioneering spirit that spans the generations in the Centennial State. He outlines the path and plan for victory that should be well within reach of the Colorado GOP.

Warning: This Video Game May Impair Your Judgment. It May Cause Sleep Deprivation, Alienation Of Friends And Family, Weight Loss Or Gain, Neglect Of Your Basic Needs As Well As The Needs Of Loved Ones And/Or Dependents, And Decreased Performance On The Job. The Distinction Between Fantasy And Reality May Become Blurred. Play At Your Own Risk. Not Responsible For Suicide Attempts. No such warning was included on the latest and greatest release from the Warcraft series of massive multiplayer online role-playing games World of Warcraft (WoW). So when Ryan Van Cleave a college professor, husband, father, and one of the 11.5 million Warcraft subscribers worldwide found himself teetering on the edge of the Arlington Memorial Bridge, he had no one to blame but himself. He had neglected his wife and children and had jeopardized his livelihood, all for the rush of living a life of high adventure in a virtual world. A fabulously written and gripping tale, Unplugged takes you on a journey through the author's semireclusive life with video games at the center of his experiences. Even when he was sexually molested by a young school teacher at age eleven, it was the promise of a new video game that had lured him to her house. As Ryan's life progresses, we witness the evolution of video games from simple two-button consoles to today's multikey technology, brilliantly designed to keep the user actively participating. For Ryan, the virtual world was a siren-song he couldn't ignore, no matter the cost. As is the case with most recovering addicts, Ryan eventually hit rock bottom and shares with you his ongoing battle to control his impulses to play, providing prescriptive advice and resources for those caught in the grip of this very real addiction. - www.ryangvancleave.comFor Your Listening Pleasure for these Lockdown / Stay-At-Home COVID and Variants Times - For all the radio shows available on The 'X' Zone Broadcast Network visit - https://www.spreaker.com/user/xzoneradiotv.Our radio shows archives and programming include: A Different Perspective with Kevin Randle; Alien Cosmic Expo Lecture Series; Alien Worlds Radio Show; America's Soul Doctor with Ken Unger; Back in Control Radio Show with Dr. David Hanscom, MD; Connecting with Coincidence with Dr. Bernard Beitman, MD; Dick Tracy; Dimension X; Exploring Tomorrow Radio Show; Flash Gordon; Imagine More Success Radio Show with Syndee Hendricks and Thomas Hydes; Jet Jungle Radio Show; Journey Into Space; Know the Name with Sharon Lynn Wyeth; Lux Radio Theatre - Classic Old Time Radio; Mission Evolution with Gwilda Wiyaka; Paranormal StakeOut with Larry Lawson; Ray Bradbury - Tales Of The Bizarre; Sci Fi Radio Show; Seek Reality with Roberta Grimes; Space Patrol; Stairway to Heaven with Gwilda Wiyaka; The 'X' Zone Radio Show with Rob McConnell; Two Good To Be True with Justina Marsh and Peter Marsh; and many other!That's The ‘X' Zone Broadcast Network Shows and Archives - https://www.spreaker.com/user/xzoneradiotv

At the age of 3, our guest this week watched a video of a turtle being harmed by plastic in the ocean and decided he wanted to make a difference to better protect the ocean, the turtles and the planet. Today, at 11 years of age, young Ryan is the CEO, manager and employee of Ryan's Recycling Company. He spends a part of every week sorting through cans and bottles from his customers and getting them ready to take to the recycling centers and has recycled 1.3 million bottles and cans from hundreds of customers. For Ryan, the passion to protect our planet and recycle comes from an understanding that more bottles and cans recycled means fewer bottles and cans in the ocean! Y not learn more and support Ryan's initiative: https://ryansrecycling.com/

Are you empowering those around you, most importantly your kids? Many times, we limit our children, team members, or those we encounter to our expectations of them. In that the question arises, am I leading to be first or am I striving to be a servant leader? Let’s be honest, all of us, you included are leaders in some capacity. Are you sowing seeds of doubt in those you come-upon? OR Are you helping them build their success in their strengths?Coach Paul’s interview today is with a take-charge, trail-blazing leader that has many accolades in connecting and empowering dads with their children. One way he has done this is through expanding the astonishing FBI Dads program, not only in his own community, but for each and every one of us. This phenomenal man has also written the powerful book “Be the Dad You Wish You Had”, and is an astounding accountability coach. Ryan Roy is a lifelong leader that defines being a leader as one that shows up for themselves at a high level and does it for the right reasons. [08:25] Coach Paul asks Ryan the deep question of where his take-action leadership style came from. Join in now to hear the answer, get answers for some of your tough leadership questions, and get empowered with some of the enlightening antidotes Ryan has to share with you. For Ryan’s free book go to http://bethedadyouwishyouhad.com/ Ryan Roy’s contact info.:http://www.ryanroy.me/ https://fbidads.com/paulReach Coach Paul Ybarra:FREE DOWNLOAD: bit.ly/iamfreedownloadWEBSITE: www.setfreelife.netFACEBOOK: facebook.com/coachpaulybarra facebook.com/wakeupinthewordbit.ly/facebookwearecommunityIG: https://www.instagram.com/coach.paulybarra/YOUTUBE: bit.ly/recoverycoachyoutubeLIKE PAGE: https://www.facebook.com/coachscornerpodastEmail: identityofonecoaching@gmail.comWant to be interviewed? https://calendly.com/setfreelabproductions/record-podcast

Season 2 Premiere! What's something you don't know about your partner? For Ryan, it's how Grace's mind works!

Talking to Ryan Berry, head chef at Naughton’s Hotel in Parkville was a real highlight. Ryan is thoughtful and extremely articulate in the way he talks about cooking, teaching younger staff how to navigate chef life sustainably and with joy, and how important it is to work with ethical and passionate suppliers and producers. Naughton’s is one of those beautiful pubs where the décor makes you wish it was your home. The first thing you notice when you walk in the door is the Specials board taking pride of place on the wall. Unlike many Specials boards, this one celebrates the farmers and the fishermen who provide the food on your plate. For Ryan and the team at Naughton’s, where food comes from and how it is treated from start to finish is vitally important. I loved every minute of this chat and I can’t wait for you to hear it.

BSS Podcast Ep. 57 –  Most impactful sports memory of Mike & Ryan The guys are taking their own advice on transparency and this week we learn a bit more on Ryan and Mike’s background. They are talking about how sports in their youth, played such a major role in how they operate today, especially within their mindset and generally with how it shaped them as people today. For Ryan – he starts off sharing his favorite sports memory was from his Division 2 school football game on national TV. Which included a spotlight showcase on him, tv timeouts, cameras and the like. The overall experience was memorable for him, despite breaking his collar bone the first play of the game. He has many profound memories around football but this was a highlight. For Mike – one of the bigger memories was from his first touchdowns as a freshman fullback running 65 yards on a trap play all the way into the endzone after a solid stiff-arm. He follows up with one of the most devastating memories from his main sport of baseball. Playing pick up basketball with friends the night before a big baseball game, he tore his ACL in his knee. At that point it was devastating. Sports, school and family is what many high school students’ entire world looks like. To Mike, at the time, it hit hard with difficult life lessons to learn. They both go back and forth about who was natural at what and who had to work harder at certain things given their different heights and weights. All in all, they were eager to share some more insight into their pasts in an effort to get to know them a bit more. Next week, back to your regular programming!..... Tune in to this episode to hear more and tag us, leave a comment on social media! The School of Construction Selling Online Course: https://learn.winrateeducation.com/socs-online-course Follow Mike on his YouTube Channel HERE

In this episode of Connection Loop, we are proud to share our conversation with Ryan Conlan. Speaking with Dubb founder Ruben Dua, Ryan shares insights and advice related to making disabilities a superpower. Some of the insights exchanged in this episode include the following: Opportunities to become a TEDx speaker can come from anywhere. For Ryan, he was able to leverage a professor’s advice to gain a spot at a local TEDx event. While there is often shame about a condition like dyslexia, Ryan found the courage to speak about it. He dug into the research around dyslexia and felt like it was something that needed to be discussed. If you are interested in becoming a TEDx speaker, it’s worth your time to give it a try. This is especially so if you have a topic or idea that you think is worth sharing. Recognize that through hard work, you can actually change your brain. If there is an obstacle that is in front of you, don’t undervalue hard work. Self-reflecting is an extremely important process. It can deliver some game-changing insights that can help you achieve your goals. Ultimately, we’re confident that you will enjoy this discussion. Whether you want to learn how to become a TEDx speaker or simply want to gather some helpful tips on self-improvement, this conversation is for you. Ryan Conlan is an associate account strategist at Google and most recently completed a TEDx Talk on dyslexia. Ryan’s TEDx Talk is titled “The Secret Upside of Dyslexia: Not a Disability but a Superpower.” Ryan is originally from Ireland and spent his pre-Google career attending school at NUI Galway and TU Dublin. Want to learn more from Ryan about how to make disabilities a superpower? The story continues at dubb.com. Learn more about Dubb at https://dubb.it/up5c Chat with us on social media: Dubb Facebook: https://www.facebook.com/dubbapp Linkedin: https://www.linkedin.com/company/dubb/ Instagram: https://www.instagram.com/dubbapp/ Twitter: https://twitter.com/dubbapp Youtube: https://www.youtube.com/dubbapp Ruben Dua Facebook: https://www.facebook.com/rubendua Linkedin: https://www.linkedin.com/in/rubendua Instagram: https://www.instagram.com/rubendua/ Twitter: https://twitter.com/rubendua Medium: https://medium.com/@rubendua Youtube: https://www.youtube.com/user/theqbe --- Send in a voice message: https://anchor.fm/connection-loop-dubb/message

Warning: This Video Game May Impair Your Judgment. It May Cause Sleep Deprivation, Alienation Of Friends And Family, Weight Loss Or Gain, Neglect Of Your Basic Needs As Well As The Needs Of Loved Ones And/Or Dependents, And Decreased Performance On The Job. The Distinction Between Fantasy And Reality May Become Blurred. Play At Your Own Risk. Not Responsible For Suicide Attempts. No such warning was included on the latest and greatest release from the Warcraft series of massive multiplayer online role-playing games World of Warcraft (WoW). So when Ryan Van Cleave a college professor, husband, father, and one of the 11.5 million Warcraft subscribers worldwide found himself teetering on the edge of the Arlington Memorial Bridge, he had no one to blame but himself. He had neglected his wife and children and had jeopardized his livelihood, all for the rush of living a life of high adventure in a virtual world. A fabulously written and gripping tale, Unplugged takes you on a journey through the author's semireclusive life with video games at the center of his experiences. Even when he was sexually molested by a young school teacher at age eleven, it was the promise of a new video game that had lured him to her house. As Ryan's life progresses, we witness the evolution of video games from simple two-button consoles to today's multikey technology, brilliantly designed to keep the user actively participating. For Ryan, the virtual world was a siren-song he couldn't ignore, no matter the cost. As is the case with most recovering addicts, Ryan eventually hit rock bottom and shares with you his ongoing battle to control his impulses to play, providing prescriptive advice and resources for those caught in the grip of this very real addiction. - www.ryangvancleave.com

For Ryan's last episode of NOGL before his hiatus, we have the long awaited FROM NOW ON REUNION! Featuring the stars of From Now On, Sawyer and Mariel (and of course, Ethan), we talk about some of our favourite memories. Hosted by Kristoffer Bradley Cruz (@krisbradleycruz) Featuring Ralph Ramos (@rlphrmos2) Ryan Tocheri (@rytoc12) Ethan Zuchkan (@EZuchkan) Marina Yap (@anirampay) Sawyer Ferreira (@sawyergella) Mariel Stanco (@mariel_stanco) Moderated by Danielle Produced by Kristoffer Bradley Cruz, Ralph Ramos, Ryan Tocheri, Ethan Zuchkan, and Marina Yap Edited by Kristoffer Bradley Cruz

Does your current agency business strategy support long term sustainability? Are you looking for some simple strategies to be a more effective leader? It probably comes as no surprise the two issues often go hand-in-hand. In today's episode, we'll cover: 3 elements to any successful agency. What is the key to agency client retention? How to be a more effective agency leader. Today I had an informative talk with Ryan Cote, digital services director at Ballentine, a direct mail and digital marketing agency founded by his great-uncle over 50 years ago. Ryan's here to share how his family's agency has sustained success for over five decades, and how he has become a better leader. 3 Elements to Any Successful Agency If you want to know the secret to success, there's no better place to start than with an agency that's been around since the mid-1960s. During a time in which many agencies have started and failed, Ballentine has not only survived, they've thrived. I asked Ryan why he thinks his family's agency has been so successful. His answer — it all begins with the basics: Always look for sales. As agency owners, we have a tendency to back off from bringing in new sales when business is good. But we often experience lulls where we have to catch up to find new clients and replace some that have left. Constantly sell and bring on new clients. Keep your current clients happy. Ryan says his team is always revising their onboarding strategy to make sure clients get the attention they need. In order to retain clients, make sure you're giving them the attention they deserve. Start with leadership. As your agency begins to grow, the way you treat your team can make a big difference. For some people, leadership comes naturally. For others, it doesn't. Take the time to make sure you have the right leaders in the right places. What is the Key to Agency Client Retention? Many agency owners make the mistake of thinking converting leads is the secret to rapid growth. The truth is, you have to focus on your current clients first. It's far easier and cheaper to retain existing clients than to keep finding new ones. The number one key to client retention is communication. There's no quicker way to lose a client than to make them feel neglected. Make time to show your current clients you're still invested. For Ryan, this means bi-weekly phone calls and quarterly check-ins. For you, this could be something different. Establish a procedure that prioritizes communication and keeps the client involved every step of the way. Take nothing for granted. Speaking of communication, make sure you communicate successes and what you're doing behind the scenes. As another podcast guest said, "If we didn't communicate it, it never got done." Give your clients a way to track metrics and provide benchmarks to show how far they've come. How to be a More Effective Agency Leader Ryan says having a team made him take a look at his own ability to be a leader. This, in turn, pushed him to focus on personal development. Despite what you're lead to believe, leadership doesn't come out of a book and it's not something that you really can teach. Successful leadership comes from within. I end my day answering "What did I learn? What did I accomplish? Am I ready for tomorrow?" This simple ritual allows me to visualize the day ahead and get a good night's sleep. Ryan, on the other hand, focuses on a morning routine.  His regimen includes meditation, exercise, and morning journaling. Whatever you choose, take some time to focus on what went well and how you can improve. Being aware and continuous learning are two attributes of a good leader. So much of your success as an agency will come down to your values. When you invest in your clients and your team, you're more likely to see your agency grow. Looking for a Payroll and HR Solution for your Agency? Payroll and benefits are hard. Especially when you’re a small business. Gusto is making payroll, benefits and HR easy for small businesses. You no longer have to be a big company to get great technology, great benefits and great service to take care of your team. For a limited time, Gusto is offering a deal to Smart Agency Master Class listeners. Check out Gusto.com/agency for 3-months FREE once you run your first payroll with them.

Dr. Ryan Lowery (@ryanplowery), (Ketogenic.com) Dr. Ryan P. Lowery who is the CEO of Ketogenic.com and President of the Applied Science and Performance Institute. He has published over 150 papers, abstracts, and book chapters on human performance and sports nutrition and is heavily focused on the impact of ketogenic diets. Ryan has received the Exercise Science Scholar of the Year Award, NSCA Award for Outstanding Presentation of the year award, and the National AAHPERD Exercise Science Major of the Year Award. Ryan recently co-authored the book The Ketogenic Bible alongside his partner Dr. Jacob Wilson which focuses on the science and practical application behind the ketogenic diet, exogenous ketones, and all of their potential applications. GIVEAWAY for today’s episode is brought to you by SuperCoffee: 3 winners will EACH get a variety pack of SuperCoffee Protein Coffee and a variety pack of SuperCoffee Creamer. I use their creamers in my coffee on a daily basis because they're made with MCT oil (gives me that extra boost of mental focus), have 0 sugar, are lactose-free, and they taste delicious! The espressos and protein coffees are also delicious as well - all made with organic coffee too!   To enter: Subscribe to the MetFlex & Chill podcast Leave a rating and a review mentioning something you learned or took away from this episode. *Note: If you have already left a rating and review for a previous episode, you can still enter this giveaway by taking a screenshot of the episode, posting it in your Instagram story, and tagging @rachelgregory.cns for a chance to win! In this episode we talk about Carnivore vs. Vegan experiments, building muscle on keto, low carb/keto and CrossFit, metabolic flexibility, exogenous ketones, and ayahuasca. “If your goal is to build muscle, you don't need to, nor should you, be on a therapeutic ketogenic diet where you're eating 90% fat. That's not supportive of your goal which is to build muscle and I think that's where it comes down to context.” Dr. Ryan Lowery Top Takeaways: Be willing to test theories by experimenting and testing for yourself. Keto vs. veganism, carnivore, and Atkins diets. Why a strict keto diet may not be the best if your goal is to build muscle or compete in sports like CrossFit..and what you should focus on instead. The ability to utilize metabolic flexibility for health, sport, and lifestyle. The truth about exogenous ketones. Show Notes: [5:00] Ryan and Rachel met at the NSCA national conference in 2016 [7:30] Ryan was in school for Physical Therapy but changed trajectory when he found research on  the ketogenic diet in 2011 through Dr. Jeff Volek [8:30] Dr. Volek examines the ketogenic diet for endurance athletes [8:30] Ryan did the first study on resistance athletes, ketogenic diet, and body composition [9:00] Ryan founded the Applied Science Performance Institute (ASPI) [10:30] Ryan talks about his experience with the Carnivore diet, incorporating lots of organ meat, salt, and ghee to achieve maximum results [13:00] An all meat diet does not result in muscle loss, adverse effects on blood, or unhealthy microbiome [11:35] Ryan’s experiment going vegan for one month led to significant lean muscle loss [20:00] Ryan’s study on building muscle on the keto diet [22:00] “The question is, do you need to be 100% keto, all the time, 24/7, 365? Is that ideal for building muscle? … I don’t necessarily think that is the case.” [24:00] Keto is different from Atkins diet in that it achieves a metabolic state of ketosis [27:00] Dual fuel advantages for many different types of athletes [28:30] “Even some of these elite CrossFit athletes, regardless of their diet, they're likely inducing ketosis through exercise by how many calories they're burning in general.” [31:00] Ryan’s research on traumatic head injuries suggests difficulty in implementing keto [34:00] Beware of “miracle pill” Exogenous ketones, which are ineffective [37:00] Esters are a longer chain liquid form of ketone, they are effective but “... the taste is brutal… like gin from great-great-great grandfather.” Salts are a good alternative. [40:30] For Ryan’s experience with ayahuasca go to his Youtube channel  [44:30] Ryan’s advice for young entrepreneurs: “Find something that sets your soul on fire… then the key is aligning yourself with like-minded people.” [51:00] Ryan recommends keeping a daily gratitude journal to stay grounded --- Join the FREE MetFLex Life course: www.metflexandchill.com Rachel Gregory (@rachelgregory.cns) is a Board-Certified Nutrition Specialist, Strength and Conditioning Specialist, and Author of the best-selling book, 21-Day Ketogenic Diet Weight Loss Challenge. She received her Master’s Degree in Nutrition & Exercise Physiology from James Madison University and Bachelor’s Degree in Sports Medicine from the University of Miami. Rachel helps her clients transform their lives by starting with the physical (body), realizing the power of the mental (mindset), and ultimately gaining massive confidence that bleeds into every aspect of their lives (family, relationships, work, etc.).

2020 is a really exciting year for us and we want to get back to our roots today with a conversational style video about what we are excited for in property and life in 2020. 1:10 – We are so excited about this year 1:52 – For Ryan last year was a year of survival […] The post Property and Life Update 2020: Ryan McLean and Ben Everingham appeared first on On Property.

Lots of changes going on for Fatherhood On Fire! For Ryan personally, we're expecting our second baby! Ryan started a new job! And FOF is honing in on what matters most. Faith, Family, Career, and Fitness. We'll focus on harmonizing those aspects of our lives and how we do that as fathers and parents. Spread The Fire! --- Send in a voice message: https://anchor.fm/fatherhoodonfire/message Support this podcast: https://anchor.fm/fatherhoodonfire/support

More Frasuary! For Ryan's pick The Mummy Returns (2001), the star of our theme month takes a back seat as we examine the eternal love of Imhotep (Arnold Vosloo) and Anck-Su-Namun (Patricia Velasquez). Unfortunately, the movie suffers from symptoms of why Polina hates sequels. Treat yourself to our sponsor Frankie & Myrrh's selection of aroma therapy products and at the same time support our show. Use “HAPPILY1” to save 20% and orders over $35 get free domestic shipping! The mummy Imhotep is revived once again by a cult of followers and a reincarnated version of his lover Anck-Su-Namun. Their goal: to ensure their immortality by capturing the power of the ancient Scorpion King. To do so, they steal an artifact from Rick and Evie (now a married couple), kidnapping their eight-year-old son in the process. Then it’s a race to the Scorpion King’s resting place that will determine the fate of the O’Connells’ son, the world, and our two star-crossed villains. Stars Brendan Fraser, Rachel Weisz, Arnold Vosloo, Patricia Velasquez, John Hannah, Oded Fehr, Freddie Boath, Alun Armstrong, Dwayne Johnson, Adewale Akinnuoye-Agbaje, and Shaun Parkes. (description from Ryan Skonnord, cast list from IMDb.com) Find other amazing podcasts by searching #ladypodsquad on Twitter, Facebook, and all the social media platforms. Follow us on Twitter and Instagram @HEAMCast, like us on Facebook @HappilyEverAftermath, and e-mail us at contact@heamcast.com.

In this episode of the Social Lights Podcast, podcast host and Social Mediology founder Kate vanderVoort chats with Ryan Elson, who tells us about how his multiple endeavors—Tribe, EmployMeet, and the Guardian App—and how these came about. ABOUT RYAN, TRIBE, EMPLOYMEET, and GUARDIAN APP Sometimes, we as a society create systems that obviously don’t work, yet we continue to do them anyway because that’s how it’s always been done. Ryan has always had an eye for broken systems, and so he does his best to go in and improve them. Improving the way things are done is exactly what he is doing with his multiple undertakings: Tribe—a social inclusion program, EmployMeet—an alternative to traditional employment services, and Guardian app—a simple messaging app that prevents abusive exchanges of texts. He is even running for council! BIG IDEA 1 “One of the first questions I always ask is, ‘Who can you control?’—and everyone goes, ‘Me.’ And that’s the truth. There’s nothing else. There’s no one else. No one’s responsible for your behavior. No one’s responsible for the way you’re feeling.” (5:30) Ryan has dealt with his fair share of challenges as both a child and an adult. From losing his parents at an early age to separating with his wife and later losing his child to cancer, he truly resonates with the saying, “What doesn’t kill you makes you stronger.” While bad things happen to everybody, not everyone chooses to do something with that. Ryan has learned to look at the situations he’s been through and found multiple ways to make positive change. Tribe is all about social inclusion, providing connections to individuals who feel lonely and isolated. They have regular events—from monthly Tribe gatherings over food and drinks, family gatherings at the beach, coffee dates, Tribe trivia, and even regular visits to the home for the elderly. There are very few rules in this social inclusion program, and one of these rules is that you must talk to people you don’t know. With EmployMeet, Ryan provides opportunities for jobseekers and employers to meet in a more comfortable setting. There are no interviews and no resumes here—It’s all about you. Ryan is currently working on EmployMeet.com—a website that differs from other employment websites. “Think of it like a dating app for employment,” Ryan explains. Instead of job advertisements, employers can basically act as headhunters, searching through a database of jobseekers that fit the parameters they have set. Employers are also able to see videos of the jobseekers, giving them an opportunity to hear them speak and see how they present themselves. The Guardian app was inspired by bad breakups and how quickly things can get out of control when emotions are high. Texting can be particularly difficult and easily misconstrued, and Ryan believes that no one should have to be on the receiving end of an abusive exchange of texts. Guardian app is a good option for two people who are going through a difficult time, but who still need to contact each other. This messaging app that blocks roughly 500 abusive words and phrases. If one party tries to send a message of that nature, the sender will receive a message stating “This message has not been delivered and has been deemed inappropriate.” The receiver, on the other hand, will never have to read such message. This simple messaging service forces people to have a civilized, drama-free exchange of messages. BIG IDEA 2 “Employment is not just people earning money—because that’s what everybody thinks it is. Employment is purpose.” (12:50) For Ryan, running for council is another way to make positive change. To him, having purpose in your life is the most fantastic thing. He feels for young people, who are struggling to find their purpose. Employment for the young ones means going through the job network, and being judged by their resume—which doesn’t tell you who these people really are. All of this, however,

Ryan Stratis is one of only four Ninjas to compete on every single season of the tv show “American Ninja Warrior™”. He first found Ninja when it was still airing as the original Ninja Warrior (Sasuke) from Japan and immediately fell in love with the sport. He was determined to be a part of it and when Ninja Warrior came to the USA, he had his chance. Since 2009, Ryan has made it to the finals in Las Vegas finals 7 times in a row and has competed internationally in Japan and Malaysia. Ryan served 12 years in the military and afterwards decided to transition into the civilian life and pursue stunt work in Atlanta, GA. While there he helped build the ninja community by working with local gyms to provide top notch experiences and spread the love of Ninja Warrior. Ryan is currently based out of Aurora, Colorado Ryan is available for events, conducts public speaking engagements and clinics. Ryan tours the country for these events solo or along side the Wolfpack Ninjas as part of their pro team. I was lucky enough to spend some time with him at a recent event he was at, and see first hand how much dedication he puts into what he does. He also spent a lot of time with all the kids at the event, talking to them about being on the show, what the competition is like, staying dedicated to your dreams and more. He gave so much of himself to everyone (including me, as you'll see below) – it was awesome to see in person. I  am really excited to bring his story to you. [caption id="attachment_12249" align="alignleft" width="458"] Heres my proud moment when I got to flex with this ANW Legend[/caption] Key Points from the Episode with Ryan Stratis: Ryan, who grew up in Georgia, currently lives in Colorado, training for American Ninja Warrior full time He’s become well-known to fans of American Ninja Warrior as one of the few participants who has been in every season of the show since it began. He served in the Army National Guard for a six year period before getting into Ninja as one of the original participants in American Ninja Warrior He’s currently focusing on his own Ninja career and recovering from a shoulder injury, and has pulled back from training other ninjas, which he was well known for on top of his performance on the show Ryan has had staying power, being one of only four participants who have been on every season since the show started. There are several mental components at play in Ryan’s Ninja career Being mentally prepared and centered became a core theme to the interview For Ryan, he’s dealt with both having really strong performances and then facing the expectations of staying on top and almost not taking it seriously enough because he had done really well This happened after Season 3 of the show, when he did really well, and then almost didn’t take it seriously enough in Season 4. He said he felt the spark or fire not being as strong going into Season 4 because of the hubris or perhaps over-confidence from his performance the year before. This past season, he also did extremely well, making it all the way to Stage 3 of the finals. That sets up expectations for next season to live up to. On top of living up to last season, he’s also now dealing with his shoulder injury and will be having surgery before the season begins, so he has that weighing on him, too. After Season 4 went unexpectedly poorly, he came back in Season 5 with a different mental focus. Since Season 5, he’s changed how he thinks about things, coming back to himself and removing external distractions. That greater focus has served him well, after a strong Season 5, and qualifying for the Finals in Las Vegas every year since then, even when he had his last shoulder surgery heading into Season 8. We talked about what happens when you have a tough time on a particular obstacle. If you make it past, how that struggle sticks with you can set the stage for how you perform on subsequent obstacles. And it can effect you watching others struggle, as was the case in Baltimore last year where no one finished the city finals. If you let those struggles take too much of your focus, that can get in your head and impact how you perform. I asked about this interesting dynamic in Ninja where, despite the fact that everyone is competing with each other, there’s this very clear support and camaraderie that you can feel watching the show. In any other sport, opposing teams are just that – opposing. But in Ninja, you see competitors wearing each other’s shirts, cheering each other on. Ryan talked about leading a team of Ninjas in the Ninja vs. Ninja and Team Ninja Warrior shows, giving a special shout out to Mike Bernardo, his Ninja Brother. Ryan is starting to think about how life going forward post-Ninja. It’s an interesting situation given how much of his life is dedicated to ANW, he talks about being back at square one in terms of figuring out his career path, only doing so in his late 30s instead of earlier in life. With the show and his Ninja career being such an all-consuming lifestyle, it leaves you wondering what you’d do otherwise. We talked about staying power and commitment. If you set a major goal for yourself, you have to keep at it even if you don’t get there. For Ryan, this plays out in staying with Ninja for so long regardless of if he wins it. Ryan shared a role model in Sasuke (the original show ANW is based on) who has done it all 36 seasons despite not winning. He keeps at it, and that’s so inspiring for Ryan. I asked if he’s always been this way – driven, committed and athletic. Growing up, Ryan was wiry and not athletic. He got into wrestling in high school because he would be matched with kids his size rather than bigger than him, as most kids were. After that, he got into the junior ROTC program, which set him down the military path and brought in the commitment and dedication that comes with it. Ryan is clear that there’s no blueprint or set path. We all have our own way, and need to stay true to that and persevere. He got into a book that really helped him with mental prep, Thinking Body Dancing Mind, which is all about the mental tools to succeed in life’s various challenges. It goes into life in general, athletics and business situations, and the broad applicability of it really struck Ryan, and stuck with him starting with Season 3 of ANW, after he read it. Links: Facebook: ANWStat Instagram:@ryan_strat Twitch: The_Statis_Status Twitter: @straticus Subscribe to The Do a Day Podcast    Keep Growing with Do a Day Get Bryan's best-selling first book, Do a Day, which is the inspiration for this show and can help you overcome your greatest challenges and achieve in life. Read Bryan's best-selling second book, The 50 75 100 Solution: Build Better Relationships, to tap into the power we all have to improve our relationships – even the tough ones we feel have no hope of getting better. Get started on your journey to Better with the Big Goal Exercise Work with Bryan as your coach, or hire him to speak at your next event

Have you ever heard of gluteal amnesia or dead butt syndrome? Did you know that this can happen when you sit for long periods of time without standing or moving around? Many of us are in this same situation every day, our backs hunched over the computer finishing tasks and projects at work. And if your glutes are weak, chances are you’re experiencing pain in your lower back. In this episode of Back Talk Doc, Ryan Klomparens – who is a Physical Therapist at the Carolina Neurosurgery and Spine Associates – discusses why it’s important to keep your gluteal muscles strong and functioning correctly, while also promoting flexibility. He reveals how we need to have a comprehensive look at our body’s muscle groups as having weakness in one can affect how the other performs. The glutes, in particular, help keep the pelvis level to reduce stress on the lumbar spine and decrease the pressure put on the back muscles. Forgetting to strengthen these in your exercise routine will have detrimental effects on your knees, feet and ankles too. Ryan also specifically talks about runners and CrossFit athletes, and how strong gluteal muscles can reduce the risk of injuries when doing this sport. He also provides tips and basic exercises you can do at home for your gluteal muscles, which include pelvic bridging, step-ups, reverse lunges and goblet squats, while carrying hand weights or kettlebells. For Ryan, we should focus on working to make our bodies healthy and keeping our joints strong, by minimizing the workload we put on them on a daily basis. Key moments in the episodeWhat are the gluteal muscles? 05:20 Having strong hips reduces back pain 07:20 Effects of prolonged sitting on the back and hips 09:26 Self-correcting sitting posture 10:56 The importance of strong gluteal muscles for runners 12:28 How the glutes affect the knees, hips and ankles 21:33 Balancing strengthening muscles and promoting proper flexibility 24:00 Basic exercises for the gluteal muscles 25:49 Lowering the risk of injury when doing deadlifts and squats 27:54 Recommended exercise apps and online programs 30:19 Ryan’s personal exercise routines 31:44 Every episode of Back Talk Doc includes a Health Matters segment intended to provide actionable health information you can immediately put into practice in your life. This week, Dr. Lakhia explores organic vegetables and fruits, and how it’s necessary for us to nourish our bodies with only clean food. He mentions the Environmental Working Group’s 2019 Shopper's Guide to Pesticides in Produce (https://www.ewg.org/foodnews/summary.php) . (14:44) Links mentioned in the episodeRyan’s recommended apps: Nike Training Club (https://apps.apple.com/us/app/nike-training-club/id301521403) The Prehab Guys (https://theprehabguys.com/) The Ready State (https://thereadystateapp.com/) Ryan’s recommended gluteal and back strengthening exercises Goblet squat (https://youtu.be/6xwGFn-J_Q4) Single leg RDL (https://youtu.be/Wrm3TfcV7N8) Safe spine positioning for dead lifts (https://youtu.be/B8xvQ0m_IkE) Nordic Hamstring Curls (https://youtu.be/ihTUvs997b4) Glute Bridges (https://youtu.be/0Y8iKA4nv-8) Front Foot Elevated Dumbbell Reverse Lunge (https://youtu.be/L80de7G3kBU) Rear Foot Elevated Split Squat Tutorial (https://youtu.be/I3p2bdtluUk)  Back Talk Doc is brought to you by Carolina Neurosurgery & Spine Associates, with offices in North and South Carolina. To learn more about Dr. Lakhia and treatment options for back and spine issues, go to (http://www.carolinaneurosurgery.com/) .

This week, a very spooky episode! To celebrate Halloween we decided to “torture” each other by forcing one another to watch a terrible movie and report on it, comedic commentary style. For Ryan, Mike and Dave chose Drew Barrymore’s “Ever After”, a movie he has actively tried to avoid seeing his entire life.for Dave, Ryan and Mike chose the terrible spoof “Superhero Movie”, hoping to find the line at which Dave draws his love of all things comic book related.And for Mike, Dave and Ryan chose Joaquin Phoenix’s “I’m Still Here”, probably the worst movie made by Mike’s least favourite actor.Enjoy, and Happy Halloween!Email: contact@thirdreelpodcast.com Twitter: @ThirdReelPod Instagram: https://www.instagram.com/thirdreelpodcast/ Amazon Affiliate Link: https://www.amazon.ca/?&_encoding=UTF8&tag=shifti05-20&linkCode=ur2&linkId=ec31c95ca9d1040142ab09e2e1066faa&camp=15121&creative=330641 A Shifting Focus production Theme: "Enigma" Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License http://creativecommons.org/licenses/by/3.0/

We all compare ourselves to other people. We do this even though we probably know that the comparisons aren’t meaningful. Even when we know the comparisons probably make us unhappy. Even when we know the comparisons don’t make us better, make us change, make us smarter or even make us better human beings. For Ryan it happens when the BRW rich list comes out (probably cause of being overly ambitious) every year and he reviews it and comparing to others. For Matty it's comparing how he is as a father compared to the perceptions around him. For Kane it's comparing himself with his 25 year old self (and how incapable he seems these days).  Comparisons seem to be happening more and more, especially with the uptake and of Social Media. Everyone has an angle or opinion or a comment.  This week we discuss if and what we compare and how we try to take every comparison with a grain of salt.  REMEMBER: If you have any suggestions for topics please send through to team@daddyeatslast.com and we will be sure to include them. +++++++ Is the modern man a hunter or a gentleman? A manual labourer or a technophile? In today's culture the modern man usually is a mix of many things. The modern man must be adaptable. Gender roles are changing and blending together and the stay-at-home dad or part time dad population is growing. More fathers than ever are participating in their children's nurturing and upbringing. The thing is that fathers and mothers come into the parenting process differently though. For the mother, the connection is biological. It's a part of her. Fathering, on the other hand, is less so. Therefore, it's important for men to learn the skills they need to be a good dad. For some guys it's more intuitive, like kicking a football, but most guys need a coach or some direction. DADDY EATS LAST discusses what it means to be a man and a father in modern society and all the issues that comes with both.

GUEST BIO: Ryan Levick is a developer advocate working in Berlin.  Ryan joined Microsoft as a result of its acquisition of Wunderlist in 2015.  Ryan has spent his career building apps on both the server and client side and exploring a wide range of open source technologies with a particular focus on functional programming.   Ryan has a passion for the Rust programming language, which he often writes about on Twitter and on his blog, and speaks about at conferences. EPISODE DESCRIPTION: Phil’s guest on today’s show is Ryan Levick. He came late to programming, having worked in marketing, communications, and business. Despite this, after just a few years of programming, Microsoft asked them to join them as a senior engineer. They did so when they acquired 6Wunderkinder, which included Wunderlist, which Ryan was working as a backend engineer. Today, he is a Principal Cloud Developer Advocate. Over the years, he has used numerous languages, including, Ruby, Rails, Scala, Elixir, JavaScript and many others. He is currently learning and working with Rust. As well as working in the Cloud. Primarily, using Azure but he is also learning other competing cloud platforms. Ryan is also a conference speaker. KEY TAKEAWAYS: (1.11) – So Ryan, can I ask you to expand on that brief intro and tell us a little bit more about yourself? Ryan explains that he studied marketing, so that is the sector he began working in, when he left university. Around that time, he moved to Berlin and joined a start-up called 6Wunderkinder. That was when he first started to learn to programme. In time, he became a full-time programmer for them working on their Wunderlist project. (1.41) - I don't know anything about 6Wunderkinder or Wunderlist, can you give us an overview of what they're about? It is a small company that focuses on building productivity software. In 2015, it was acquired by Microsoft, which is when Ryan secured the first of the 3 jobs he has had with Microsoft. (2.02) – Can you please share a unique career tip with the I.T. career audience? Learn as much as you can and spread out in weird and strange directions. Even if what you are learning is not immediately useful, it may be one day. This will push you to explore areas of computer science and programming you would not have otherwise looked at. (2.45) – Is this something you do yourself? Yes, all the time. (3.04) – Do you focus on the strange and unusual? If yes, how do you do that? Ryan explains that he picks up on new trends all sorts of people are talking about, then explores as many of them as possible. Usually, even if something is not ready for real-time use there are still lessons to be learned from that technology. The trick is to learn about something, then generalize that knowledge. Doing this enables you to apply it elsewhere. He always stops and asks himself how he can apply what he has learned to real-time applications and his job. (4.31) – Can you tell us about your worst career moment? And what you learned from that experience. Ryan says he hesitates to say worst because his worst career moment actually turned out to be an amazing experience. Recently, he became the manager of a small team. A role he really enjoyed, but the problem was that running his team did not leave him enough time to be hands-on and continue to learn. As a result, he feels he can categorize this experience as his worst career moment. (5.29) – So, stepping away and being more managerial is not necessarily something you want in the future? Ryan explains that he was continuing to learn new skills. About people management, career growth and things like that. But, he found that he was not waking up in the morning wanting to rush to the office like he used to. Ryan thinks it is important to find things that make you feel enthusiastic and stick to doing them. (6.08) – What was your best career moment? Ryan says he has been lucky enough to have had quite a few career highlights. For example, it felt great when Microsoft took over 6Wunderkinder and offered him a job straight away. He had only been programming for a few years, yet was still asked to become a senior engineer for Microsoft. It proves that, in this industry, if you work hard you do not necessarily need a computer science degree to be able to succeed. (7.04) - So presumably, you were able to demonstrate your value to Microsoft? Ryan explains that he was able to do exactly that primarily by showing them that he looked for and recognized new angles. He did this primarily by not being afraid to ask the so-called dumb questions, the ones nobody else wanted to ask. It turns out that, most of the time, dumb questions are the right questions, (7.51) – Can you tell us what excites you about the future of the IT industry and careers? The fact that things can change almost literally overnight is something that Ryan finds exciting about working in the IT industry. A few months ago he started a new job as a Developer Advocate. Even in that short period of time, the role has already evolved and changed significantly. The pace of change is amazingly fast. So, you never stop learning, which is exciting. (8.40) – Is there any technology or direction that particularly interests you? At the moment, Ryan is fascinated by a technology called web assembly. It enables you to run programs in a very controlled way. Web Assembly has the potential to drastically change the world of IT. Including how things are done on servers, in web browsers, and on people’s computers. It is such a young technology that it is hard to tell what direction it will go in. (9.36) – A lot of companies now have Developer Advocates. How do you see that influencing the way in which people develop their careers? It is very important for companies that offer products and services to developers to build a strong and close relationship with them. One of Microsoft’s aims is to provide value to developers and other IT professionals. To give them the tools they need to succeed and change things for the better. In order to do that, Microsoft has developed the Azure platform, Visual Studio and Visual Studio Code. But, it is not enough to simply deliver these tools. You need to be sure that they are what IT professionals actually need. If you do not have a constant dialogue with these people, there is no way that you can serve them well. So, Ryan feels that one of his key roles is to have an honest dialogue with them. To figure out what is working for them and what is not and take that feedback back to Microsoft. Phil finds that interesting because, to date, developer advocacy has not been explained to him in that way. Others who fulfill this role have described it more as an evangelical role. To Phil it sounded like it was all about sharing a company’s latest products and ideas with IT professionals, rather than acting as a two-way feedback channel. Ryan explains that he does both. He showcases their products and helps IT professionals to recognize and unlock their true potential. But, if something is not up to standard, he  also wants to hear about it. So, that he can make sure that the product is updated and improved. (12.05) – What drew you to a career in IT? Ryan says it was curiosity that led him into the IT sector. He remembers looking over his colleague's shoulder at Wunderlist, realizing he did not understand what they were typing on the screen and started wondering how everything works. So, decided to find out. When he peeled the first layer back he just ended up with even more questions. His curiosity drew him in deeper and deeper. Now he realizes you can never know everything about computers and technology. It is impossible to hold it all in your head. Something that excites and drives him on. (12.53) – What is the best career advice you have ever received? Constantly put yourself in a position to learn the right skills. The skills that you think will be applicable to your future career. Don’t get into the position where you spend all of your time maintaining a legacy system or working on something that will only ever be used inside the company you work for. If you do that, finding and moving on to a new role will become very difficult. Make sure that you are always learning new transferable skills. (14.06) – If you were to begin your IT career again, right now, what would you do? Ryan says he would definitely get involved in what he is doing now – developer relations. He really enjoys working in this field. In particular, having a legitimate excuse to spend all day speaking to people about things he feels passionate about. Things they are passionate about too. It is the perfect opportunity to be continually learning. Ryan prefers being out talking to people to just sitting in front of a screen in a dark room. That kind of IT career is not the one he wants. (15.18) – What are you currently focusing on in your career? Right now, Ryan is focusing on growing his presence in the communities he cares most about. He is trying to become more t-shaped. That means continuing to maintain a wide breadth of knowledge while diving deep on one, maybe two, particular subjects. Right now, for Ryan, that means learning everything he can about cloud technology. That includes Azure of course. But, also his competitor’s technologies like AWS and Google’s cloud platform. He wants to make sure that when he needs to do so, he will have the right type of knowledge to easily switch to another job. Ryan is also working to grow his presence in the IT communities he is most interested in. That includes the Rust programming language community. He has been using this new language since late last year. (16.24) – What is the number one non-technical skill that has helped you the most in your IT career? For Ryan, the ability to listen has been critical to his success. He has noticed that a lot of developers talk too much. They forget to take a step back and just listen. Even if you are an expert in your choosen field that does not mean that you cannot learn from other people. The technology sector is so big and varied that you will rarely be the smartest person in the room. There are always subjects about which others are more knowledgeable than you. It pays to take a step back and just listen and ask questions and grow your understanding. (17.48) – Phil asks Ryan to share a final piece of career advice with the audience. Without wishing to sound like a broken record – don’t be afraid to explore. Find something you feel passionate about and dive deep into it. But, be sure to learn other things too. There is no harm in being a scatterbrain. If you believe you have covered a subject enough, don’t feel you have to stick with it forever. Instead, move on and learn something else. You will find that one set of knowledge feeds into your new subject. Ryan’s advice is to do as much as you can. Don’t worry about catching it all the first time around. Just explore, have fun and revisit it at a later date. BEST MOMENTS: (2.15) RYAN – "Try to learn as much as you possibly can and expand out into weird and strange directions." (5.23) RYAN – "If I'm not having fun at work, then I'm just not going to do as good of a job as I possibly can." (7.39) RYAN – "It turns out that most of the time the dumb questions are the right ones." (13.06) RYAN – "Constantly put yourself in the position to learn the right skills." (17.22) RYAN – "When you do talk, instead of talking at people, try to ask questions." CONTACT RYAN: Twitter: https://twitter.com/ryan_levick LinkedIn: https://www.linkedin.com/in/ryanlevick/ Website: https://blog.ryanlevick.com/

Find Your Running Calling Finding your calling in life is wonderful. When you have a burning inside you that powers your actions, no amount of adversity can stop or discourage you. You know why you do what you do, and your success and fulfillment don’t stem from the results of your effort, they come from your effort alone. For some people, a life calling comes naturally, often at a very young age. For others, it takes years of searching and work till they discover what makes them excited to jump out of bed each morning. Us runners? We also all have a running calling. Something that fuels our reason for running. A natural ability, an appreciation for the body, a desire to stay healthy, or an aspiration to break records can all be reasons to run. Maybe you are battling cancer, maybe you lost someone to cancer, maybe you run simply to work off some stress. Whatever it is, it’s yours. Today we interviewed Ryan Hall on the Running for Real podcast. Ryan holds the record for the U.S. half marathon and once completed seven marathons, on all seven continents, in seven days. Yes, you read that correctly. Ryan knows how it feels to find a calling in life and in running. Listen or read along to see what you can learn about your calling and how that can propel you to do great things. Learn About Yourself Learning about yourself is a funny concept. We are the only people we are around 24/7, and yet often times, coaches, parents, or mentors know things about us we don’t know about ourselves. For Ryan, learning about himself helped him to know that running was something he wanted to do from the first time he went on a run. It can be difficult to decide which interests are life callings, and which are just interests. Knowing when to give something up or when to work through difficulty takes practice. Ryan says, “The more you know yourself, the easier it is to act on these different ideas or inspirations.” Take time to explore a variety of ideas and ponder which ones speak to your heart. Also take time to think about why you run. When you think back to the first time you ran, or the first run you enjoyed, was there something bigger attached to that run? Something that you can always lean on when your next run seems pointless or too hard? Finding a deeper meaning will help you stay strong and committed. Listen to Your Body Learning about your body can be as important as learning about yourself. A healthy body will allow you to perform to the best of your ability. Whether you are working to solve a social issue, running your own business, or training for your hometown 10K, it is important to listen to your body. Ryan gives two suggestions from having been a professional athlete when it comes to listening to your body. The first is rest. Make sure to prioritize rest. The only way to perform at a high level is to push yourself and then allow your body to adapt to that level. Adaptation cannot come without proper rest. Again, make it a priority. Another critical aspect of body performance is proper fueling. Especially in the long-distance realm, getting down to a certain weight is a popular way to try to conserve energy. Avoid this trend. Your body knows best, and whatever weight it settles at, be comfortable with it. Focus on your performance, eat when you are hungry, and your body will figure out the optimal weight for you. Be like Bamboo There will be times when life throws you a curveball. Unexpected events are normal, so don’t let them take you off your path. “You want to be like Bamboo,” says Ryan referencing an ancient Samurai adage, “You bend but you don’t break.” Set goals for yourself, but be flexible. If you accept that there are many ways to reach your objectives, then you won’t be disturbed by changes you may need to make. Ryan was on a trajectory to become a great baseball player when he found running. Now that his professional running career is over, he has taken up weight lifting. With each transition Ryan finds a common thread that connects his current focus to his personality. For him, it’s all about taking on a new challenge. What is it for you? Praise Others Last of all, wherever you find yourself on your journey, it is important to praise others. As you do so you will find support from others, and the temptation to compare your journey to theirs will fade away. We are all on this journey together. Running can be a very individual sport, but it’s much more enjoyable when you have friends, teammates, coaches, and even competitors that you can share this experience with. We may all have different running callings, but we all have one. Resources: (Book) Run the Mile You’re In Ryan’s Instagram Ryan’s Twitter Ryan and Sara’s Website Mike Wardian’s Instagram   Thank you to Aftershokz and Generation UCAN for being a wonderful sponsor of The Running For Real Podcast.   The award winning headphones which are best known for their open ear listening experience. I have to admit, I was a little skeptical at first, but they absolutely blew me away, they are fantastic and were built for runners! Being able to hear your music as well as your surroundings is great for our safety. Visit the Aftershokz website, and use code TINA for $50 off!     UCAN is back on the Running4Real Podcast as an amazing sponsor! This product have been my go to nutritional product for marathon training and racing when I was getting all of my best times. It gives you a steady energy without the sugar, so there are no sugar crashes! 15% off with coupon code tinamuir at www.generationUCAN.com Thanks for Listening! I hope you enjoyed today's episode. To share your thoughts: Leave a note in the comment section below. Join the Running for Real Facebook Group and share your thoughts on the episode (or future guests you would like to hear from) Share this show on Twitter, Facebook, Instagram, or Pinterest. To help out the show: Leave an honest review on iTunes. Your ratings and reviews will really help me climb up the iTunes rankings and I promise, I read every single one. Not sure how to leave a review or subscribe, you can find out here. Thank you to Ryan, I look forward to hearing your thoughts on the show.

Rents - PITI = Cash Flow?!?! Nonsense! John, Ben, and Ryan discuss the real costs of owning and operating rental property. Here are a few buzz words: cap rate, NOI, cash flow after debt... Don't we sound smart now? We'll de-mystify common real estate jargon to ensure you'll know what your broker is talking about when he tries to impress you by offering you "a steal at a 6-cap".   (Transcript below.) Ben Shelley: [00:00:07] Welcome back to the Brick x Brick Podcast. I'm Ben, and I'm here with John and Ryan. And today we're going to piggy back a little off last episode where we talked and identified what might be your first area of investment both to do your first real estate investment and maybe if you're starting to pick up the number of real estate investments you're doing in your surrounding area. And we want to talk about the kind of ways to identify from a numbers and metric standpoint whether or not your deal is viable for you. And it's important to recognize obviously that finding out and identifying different real estate metrics is just part one of the many parts of figuring out whether or not a real estate deal is good for you or not. But nevertheless we want to take you through it. And so Ryan When do we kick off with you.   Ryan Goldfarb: [00:00:50] Yes. So the first thing I will... I guess it's just kind of foundationally the goal of buying investment property for me is twofold. The first part is earning cash flow that is passive income over the duration of the investment.   Ryan Goldfarb: [00:01:06] And the second part of the second piece of the puzzle is the equity side which is the idea of gaining equity in that property which is something that you do both by purchasing it right but also by holding it over the long haul and by paying down the principal of the loan amount.   John Errico: [00:01:24] Yeah I think I think that that's a really good way to frame it because you could buy an investment property and make no cash flow like no rental income but it could still be a good investment because the property could for example appreciate very rapidly either because you do something to appreciate it like going to flip or just because you bought at the right time and the broader market appreciates. So I know primarily at least up until very recently I consider myself almost exclusively a buy and hold investor like a rental investor and I almost always perform or underwrite or whatever you want to call it my investments as if there were no appreciation at all. So the power of doing that is you have to be pretty disciplined to make an investment because you're thinking OK well my rents are this my expenses are this. What if I assume that the value of my property doesn't go up at all. And what if I assume that my rents don't go up at all. Am I still comfortable with the cash flow that I'm making right now that other investors will say well you know my rents will increase at 2 percent a year or 3 percent your CPI inflation whatever and my expenses are going to be fixed my mortgage is going to be fixed to my you know B minus investment right now might turn into an investment in four or five years but that's at least not the approach that I've taken personally.   John Errico: [00:02:42] I don't know if you guys feel differently but...   Ryan Goldfarb: [00:02:43] Well I think this highlights a pivotal mistake that a lot of beginning investors make. It's that they, it's that they assume that the market will continue to appreciate and they forego what would otherwise be sound investment strategy by looking towards cash flow in lieu of the expectation of appreciation down the road. And I think particularly at a time like today you see this often when we're coming off of a period of six seven eight years of market appreciation and now the hype is strong. The market the real estate market is at its peak arguably and has soundly recovered from 2008 2009. And people are back into thinking that this is going to last forever. When the reality is it's not. If you're buying it with the expectation that you're going to make your money when you sell it because it's going to continue appreciating you're going to find yourself in a bit of trouble at some point down the line. And the way to mitigate that in my view is to buy with strong cash flow and to buy something that you're confident you can hold on to in   Ryan Goldfarb: [00:03:55] perpetuity. Based on what your cash flows are.   John Errico: [00:03:57] Yeah I think like maybe the riskiest investment that I've possibly ever seen or even was. I mean I didn't consider it for my own portfolio but I was helping somebody in California it was maybe a year ago who was buying a flip or wanted to buy a flip in California and they had this spreadsheet or this deck was really well done deck it was like 15 slides like really professional and you looking at the numbers they wanted to buy for something like 400 grand and they're going to put one hundred thousand dollars into it and they thought they're going to sell it for like 850 in a year. No there isn't. You know not that bad investment but if you look at the numbers like the comps the market comps were all at like six hundred grand right now. And the underlying assumption was that because those same properties had appreciated by like 40 percent or something in the past year or two years that it was going to continue to depreciate or 40 percent it was kind of buried in the numbers like it was really obvious as you actually click through the comps were like wait all the comps are like way below what the ARV is. So this person had reached out to me I was like look I mean if you think it's really going to continue appreciate as it has already appreciated I guess it's a good investment but no. You know it's like that's that's it. That's probably the riskiest type of investment.   John Errico: [00:05:11] I think you could make.   Ryan Goldfarb: [00:05:11] Well this this I don't want to deviate too much from what I think should be the focus of this conversation which is cash flow but this highlights something that concerns me about investors in general it's the I think there's a misunderstanding between what drives quote unquote appreciation there's there's market appreciation and then there's appreciation that you forced by buying something distressed and repositioning the asset whether that's by bumping rents or by putting capital improvements into the property and the the latter I would feel pretty comfortable assuming going in because that's something that is within your control. But I don't know that I would ever make an investment purely based on in my view speculative market.   John Errico: [00:05:52] It's like for me it's micro and macro factors micro factors are your house you can affect the the value of your house by doing something nice to it improving it. But the macro factors are like the broader market and you you individually probably are not going to impact the broader market by your improving real estate that's going to be factors that you control.   Ben Shelley: [00:06:16] Well I'll say it quickly in defence of calculating and embedding appreciation in your underwriting it is part of the fundamentals. I think for those people out there they're saying well gosh should I not account for it at all then you know it's fair it's usually standard to account for let's say 2 percent revenue growth maybe 2 percent expense growth over a certain period of time. But I think what we're saying is just be cautious about and especially understand that you need a certain amount of cash on hand at the beginning and throughout the first year of your project to to survive into it. Sorry.   John Errico: [00:06:43] No I mean I think that that's fair. My point is that I wouldn't feel comfortable buying a buy and hold property if at the moment that I bought it I wasn't satisfied with the cash flow I might be happily pleased with the cash flow and two or three years assuming appreciation assuming increases in rents. But if at the moment that I bought it it was not cash flowing like I wanted it to that I wouldn't buy it even if I thought in three or four years it might.   Ryan Goldfarb: [00:07:07] And if you're trending income at 2 percent and expenses at 2 percent just as an example granted as applies more so to a commercial property and to commercial underwriting then to let's say an underwriting for a 2-family investment property but that ultimately is driving NOI which is going to be the basis for appreciation in that scenario rather than just saying oh we're buying this at a 7 cap. And I think the market's going to be at a five cap in two years. So the energizing to stay the same.   Ryan Goldfarb: [00:07:36] But I'm going to see a sizable increase in the value of the property because it's purely based on the fact that I think the market is going to tighten and people are going to be buying more gas   Ben Shelley: [00:07:46] Which is a lesson by the way to not just look at these numbers standalone because you see a lot of people and when I when I talk to people in real estate or sometimes say well or brokers will throw those numbers at you like look look at a cap rate look at the IRR look at the NOI but you know it's a bigger puzzle and you want to try to take all of these factors into account because they wouldn't say no-ey.   John Errico: [00:08:03] No I said a thing I've never heard that I make that a thing.   Ryan Goldfarb: [00:08:06] We can make that if I just don't like and I just I think that's what it is. I think I would really go out and what I believe you're going to do well about No. I mean it's you know there's just no way I could I could maybe get on board with like Noi. But no me no noise to high class I think we're every gentlemen.   Ben Shelley: [00:08:28] So I want to I wanted to move the conversation to maybe two of the main types of deals that we do. I know we want to talk about rental properties so maybe for starters. I would love to actually now that I'm talking about this out loud talk about some of our methodology for flips. But for starters when we're looking at two three and four families I think it's important for listeners to understand how we identify those those properties and whether or not they're worth taking the leap. So we talk in the last episode about identifying the geographic location. Once you've identified your property I think the first thing that there is a little bit of a misperception is specifically for newer investors is how much cash you actually need on hand when you go into a deal. You know a lot of people see an investment of $100,000 and think great I just need the ten thousand dollar downpayment for a 10 percent DP but there's there's a lot more equity required I think than a lot of people realize or understand going into a deal and we talk about that a lot. So for example if you're planning on buying a property and renovating the property over the first let's let's say four or five months there are holding costs of fixed expenses that are associated as part of that purchase and so on top of the ten thousand dollar downpayment on top of the closing costs which might include origination depending on the points affiliated with your loan or legal fees which we talk about that are associated with putting together the necessary documentation to transfer the deal and close the deal. You also have taxes and insurance payments that you're going to have to make consistently on your property before you generate even one dollar of income. And so my first recommendation once you've identified that property for listeners is understand exactly how much is the total equity required even outside the downpayment before you move forward and kick that in to what you're going to be making in your calculation moving forward on whether or not it's a good deal for you.   Ryan Goldfarb: [00:10:14] Yeah I think one mistake people make is they they say OK I have one hundred thousand dollars cash. I know that generally speaking the kind of norm in the mortgage space is to be able to put 25 percent down. Therefore I have four hundred thousand dollars in buying power because one hundred thousand dollars as a 25 percent down payment is gives you the ability to buy afforded another property as you just alluded to. The reality is is not the case. There are circumstances where your equity requirement can be limited a little bit more to just what your down payment requirement is and that's that's generally if you're buying something that's turnkey something that's already rented and something on which you'll be collecting rental income from day one but in a lot of instances particularly if you're trying to drive value you're going to be dealing with maybe getting tenants out you're going to be dealing with some vacancy you're going to need some money set aside to do some repairs or some renovations and then you're going to need to allocate a few weeks maybe a month or two to actually getting the property tenanted and to get to the point where you are quote unquote stabilized and collecting rents.   Ben Shelley: [00:11:22] That is the most common misconception I think for newer investors coming in and just understanding all the kind of cash required. I know when I've talked to people this hour you know that even from from becoming maybe even institutional investors to house hacking they just don't have a full appreciation for how much cash is required on hand for their first investment.   Ryan Goldfarb: [00:11:40] So one thing I actually wanted to point on that point out on that front is it can be it can be really sexy to look for those kinds of like quote unquote value add plays where you can buy something and buy a three family with three tenants in there who are each paying $900 a month when you know that the market rents on that unit or $1,200 a month. But if you if you don't properly account for the downtime that you're going to have with each of those units the the upside is a little less attractive. And one thing that I I oftentimes will encourage other investors to do and something that I should probably practice a little bit more often in my own on our own projects is to maybe stagger the vacancies. So if you have those three tenants in there rather than rather than going from having a fully occupied building to a fully vacant building and to have three units to renovate at the same time and three and then ultimately three vacancies to fill at the same time whenever the units come on line to stagger home and say Okay Unit 1 she really wants to get out because she's looking to move anyway. This is just a good time for her to get out. Unit 2 and 3 are a little bit more flexible. I'll keep you in it two and three there. We'll work something out where they're here for a few more months or we'll put them on like a three month lease or whatever the case may be and then we'll do those units one by one it'll make the construction a little bit more manageable because you're just doing maybe you're just doing like a cosmetic renovation and you don't need to do anything that's that pertains to the whole building you're not rerunning plumbing entirely or you're not redoing the entire electrical system. So that's one way to mitigate the burden of sinking cash in every month after month because you'll still have maybe two of the three units paying.   Ben Shelley: [00:13:26] And I think that's a particularly important point because when you're underwriting your deal oftentimes people want to just put in whatever the market rent is. And it's really important I understand that even if there is a certain amount of time it takes where you know which is hard to know. But if you even knew that you know eight months down the road nine months down the road you can stabilize at market rents. There is a period of time whether it be because of what Ryan alluded to getting entrenched tenants out or having to put up with maybe below market rents in order to to expedite this process and maybe not have it to go through something like an eviction that you're probably not going to be generating those rents from the word go even after renovation. So you know one of the things to that point I wanted to talk about was sort of the beginning of of the underwriting process and I know this is a lot of what I do for. For Ryan and John so. So I guess for a smaller deal I think one of the first things that's important to do is is try to properly. Well the first thing you want to do is look at your comps right. And we kind of talked about that in the context of finding your geographic location so going to move forward from that and talk more about your revenue particularly as it pertains to rent. I mean it's. Sorry John.   John Errico: [00:14:30] No I was just saying maybe we can frame it in the context of explaining some of the terms that real estate investors use like cap rate cash on cash. Ah I think that the cap rate is sort of a unique real estate term that people don't fully cap rate is very broadly speaking that operated net operating income divided by the value of the asset that you buy. Normally people look. So net operating income itself is a little bit of a term of art in the real estate context generally net operating income is the revenue that you're generating from rents or from whoever you use your property minus the expenses that you're generating or that your properties accruing at any given time. Normally you don't consider debt service normally you don't consider debt service in the context of calculating it. So you like your mortgage payment interest principle would not be part of the calculation. And investors talk about cap rate. Normally they say like X cap or X numbers like a six cap would be a six percent cap rate seven capital seven percent cap rate and one of the joys of using cap rates to analyze properties even if you're looking at a smaller like a 2-family or three friendly property is that you can compare properties of different asset classes almost using the same metrics. So if you have a 2-family property in say northern New Jersey and you know that's a seven cap for some reason and you have a 2-family property in New Haven and that's a nine cap well you've essentially analyzed away all the differences and all of the details and you're just looking at one number to compare it at a high level.   Ryan Goldfarb: [00:16:06] I say that the general theory behind that is first and foremost the reason that I believe at least there isn't that cap rate is exclusive of debt service which is in this context a mortgage payment.   Ryan Goldfarb: [00:16:19] The reason that cap rates are exclusive of that is is that your financing is more specific to the specific investor and to that investors strategy than to the property itself. So the cap rate is supposed to be a means of analyzing these specific property from investor to investor be and that should not be clouded by whatever your investment strategy is like something like the cash on cash return would be or even IRR or return on equity or whatever other metric you would look at.   Ben Shelley: [00:16:51] And I was only just going to give a caveat to say that while the cap rate is and is a very effective metric to compare deal by deal it's important to recognize maybe two things one especially when you're working on smaller properties oftentimes in more distressed areas. Oftentimes the cap can be inflated just because the numbers you're playing with are smaller so when you're talking about what you're netting versus the value of the property right. If that number is smaller generally speaking the number the cap rate you're going to see could be eight plus versus maybe like a four to eight and a more institutional area.   John Errico: [00:17:20] It's a good point because when you looking at smaller properties you realize that say you're looking at a 2-family property a property with two apartments. If you for example miscalculate the rent by 5 percent that will tremendously impact your bottom line or if you say well I'm assuming that it's a 2-family but one of the units you know is a lot smaller or one of the units I just can't run for five months of the year that has an enormous impact on your bottom line. But if you had a 50 family building and you had one year that you couldn't rent for five months. Well it doesn't we have a huge impact. So in another way to look at it is so you have a 2-family building and you have two boilers and one of the boilers breaks. That's a pretty significant expense that that will very severely impact your bottom line which is if you have a 50 family house 50 unit apartment and you have some history that say costs five thousand dollars which would be like the cost of a new boiler that's not going to be severely impact your bottom line. So it's it gets into a larger question about why do large hedge funds and whatever else invest in very large multifamily properties as opposed to like a 2-family property and why the management challenges of owning a portfolio of say 10 2-family properties might be different than a 20 unit property but generally speaking one idea is because the sensitivity to expenses and incomes are way different on a two year 15 year property.   Ryan Goldfarb: [00:18:46] It's also important to bear in mind that these numbers are generally based off of performance they're estimates. So on paper if someone is talking about a property buying at about buying a property at a 10 cap they're generally talking about based on their projections and those projections as John just alluded to will vary a lot more for a smaller property than a larger property. Year one you may see a 2-family if you get hit with a lot of maintenance you may effectively operate at a five cap and then year two once you're stabilized if you have no tenants move out you might be looking at an 18 cap. So it's important to understand the volatility in these numbers and to ensure that your expectations are in line with that. The other thing I want to point out is that the cap rate the cap rate itself is effectively the unlevered rate a rate of return on the asset. So if you're looking at a 10 cap what that means is if you buy a property if you buy that property for a million dollars at a 10 cap with no debt whatsoever. So you don't get a loan on the property. That means that you should if it performs at a 10 cap you should earn a 10 percent rate of return on your money. And the idea is that if you're able to get a loan on top of it to get a loan on the property the cost of that loan is going to be less than the cap rate which is going to increase your returns because you'll be buying you'll be borrowing money at let's say a rate of 5 percent interest and the property will be quote unquote earning money at a 10 percent rate. So when you look at your blended rate of return it's going to be much higher than the 10 percent cap rate that you would be seeing if you bought it all cash and two to bookend that conversation on cap to both of their points right.   Ben Shelley: [00:20:39] If you as an individual investor are looking at a smaller project and you see in a cap and you see a 7 cap it's important to again understand that there are other factors in play so for example maybe the the property with an a cap is generating more cash in the next year two years even three years. But the seven cap property might be new construction which for whatever reason is taking time to to bring in tenants or what have you who knows what the reasons are might be in better shape for the future and that's where understanding appreciation and also not looking too closely at only one metric can be really.   John Errico: [00:21:12] I mean yeah it's it's a fair point. I mean with all these metrics like cap rate cash or metric yeah you're you can make amazing returns but you could have a like a 15 cap and only be quote unquote cash flowing like two or three dollars a month. Yeah. And your because it doesn't take into account the debt. Well it also meant taking the cash the properties were 30 grand. So it's different than absolute returns.   Ryan Goldfarb: [00:21:35] But the other thing is that these I think John alluded to this earlier this is way more of an art than a science. So you can have you can have two experienced brokers or two experienced developers underwriting a similar deal or an identical deal and one could come out to a seven cap. One could have a nine cap and when you're dealing with larger numbers that's a huge variance and it could be for various reasons it could be because one of them maybe has more experience managing that asset class. One of them may see a way to increase expenses or decrease expenses or increase income but I think that's a good segue way to the next topic which is how you arrive at the NOI and ultimately how you underwrite cash flows.   John Errico: [00:22:22] Know very broadly I would say cap rate is not the only way to analyze properties. So there is cash on cash return. There's I would say monthly cash flow which is maybe not like I'm like a form of formal analysis but it just a way to look at it and there there's IRR which is basically was not relevant to not particularly useful to calculate unless you're very aware of what your exit might be and when it might be. But I mean we could talk very briefly about what those are before we go on this but I mean they all use the same inputs but they have different results for you cash and cash return is very broadly a measurement of the sort of year. I'm not actually sure at a high level the best way to describe it.   Ryan Goldfarb: [00:23:10] It's cash on cash return displays. It's the relationship between the cash flow so the amount of money that you are clearing on an annual basis and the amount of cash that you have invested in a particular property. So if you bought this the straightest way to look at this is for something that's stabilized. So you buy at a turnkey 10 family that's already rented and already stabilized and your plans upon purchasing it are to just kind of like continue operations as they are. So it's a you buy it at a 10 cap. So you put 25 percent down so you put $250,000 down obtain a mortgage for 750 with closing costs and whatever reserves you need to put in maybe you're all in at three hundred thousand dollars invested into the property and your cash flowing thirty five three thousand dollars a month. The way to calculate the cash on cash return in this context would be the three thousand dollars a month over 12 months.   Ryan Goldfarb: [00:24:20] That's thirty six thousand dollars a year divided by your three hundred thousand dollars invested in the property. It's a little over 10 percent return cash on cash which is a pretty good for.   John Errico: [00:24:34] Pretty good depending on risk adjusted for risk strategy in the area and the advantage of cash on cash returns as Ryan alluded to is that it takes into consideration debt and leverage. And so your cash and cash return can change substantially depending on it.   John Errico: [00:24:50] So one common strategy in buying whole investing that we get into would be the you know the BRRRR strategy or whatever you want to call it which would be buy renovate rent refinance and then repeat. So the idea is that you buy a property you have a fair amount of equity in the property to begin with. You spend money on renovations which is even more equity than you read it out and then you refinance refinance meaning that your property is appreciated in value because of all the work that you've done for it and maybe you got a good deal anyways and you take a bunch of equity out that will very very significantly impact your cash and cash return because all of a sudden you go from say having one hundred grand hypothetically the property to maybe having no money in the property or 10 grand in the property. You can have like you know quote unquote infinite cash and cash returns because maybe even got money back just to buy the property. So those are that and will not necessarily show up in it in a cap rate analysis and we'll maybe have negative impacts in a cash flow sense because now your basis and now you're the value of property is higher and your mortgage rates going to be higher in excess of your mortgage amount is going to be higher but it will impact in a huge way your cash and cash returns.   Ben Shelley: [00:25:57] And I think it's just important to quickly to note that the distinguishing difference here from an actual calculation standpoint for people who are underwriting their individual deals right is for example cap rate which is dividing your NOI by the value of the property versus here where you're I'd like to turn in net cash after debt because you're also accounting for your debt service divided by the total cash invested which gives gives you a different slightly different metric and a different look when you talk about sort of your blended results assumptions and returns for how you want to approach analyzing the deal.   Ryan Goldfarb: [00:26:28] Yeah. Just to add a little more color to the last example the So you buy if you buy that same property at a 10 cap and you buy it all cash the 10 cap means that you're effectively going to see a 10 percent cash on cash return as well. Whereas in this scenario with leverage the thirty six thousand dollars a year cash flow and cash flow on a three hundred thousand dollar investment yield about a twelve percent return. So the idea there is you're using leverage you're using debt to juice your cash on cash returns. To John's point before about the bird strategy the idea there is to achieve those kind of infinite returns but that also kind of highlights the deficiencies of cash on cash return as a metric because what that doesn't necessarily take into account is when you receive the cash it it doesn't. It's agnostic to the timing of cash flows. So IRR is one metric that a lot of investors like to use because that quantifies in some way whether you're receiving that refinance cash whether you're like pulling your equity back out in month one or in month 13 or in month 9 or not until the very end of the project and Year 5 or whatever it may be.   Ryan Goldfarb: [00:27:47] So that's going to be a huge driver of returns when you're looking at things from an IRR standpoint in.   John Errico: [00:27:53] IRR is the easiest metric I think to compare real estate returns with returns from other types of investments. So cap rate is pretty generally only used in the real estate context. Cash and cash return I suppose could be used in different contexts but I've never never really seen it used outside of the real estate context personally but IRR you could say well I can make x percent on my my my bond or in return from the stock market or on my Treasury bill or whatever I invest there or investing in a private equity fund or any space or invest in a private equity fund absolutely or you know I can compare it to what I would make on a property investment. So IRR the only way to calculate are truly is retrospectively after you've already disposed of the asset or received all the cash you can receive. But it is possible to prospectively guess that well I could receive this cash flow at this point and I could exit the property at this amount at this point. So when we do that type of analysis which we do for the purposes of our private equity fund we just guess and say Well I think we're going to exit the property what would it be if we exit the property in a year and two years three years whatever educated guess.   Ryan Goldfarb: [00:29:02] Of course of course. And then to turn us back in a little bit with how it applies to I think most of what we do. The kinds of rental property that are in the two to four families base frankly in my opinion it's overkill to do a real deep dive into the numbers in this way for let's say a 2-family rental because as John alluded to before there's so much variance between between what your quote unquote cap rate is going to look like between what you're IRR is going to look like and so on and so forth. When you're dealing with such a small property and you're dealing with such swings from there a vacancy or from some kind of repair and maintenance or cap ex. So. The way that I actually like to approach most of these is to kind of I guess more subjectively the way what the cash flow is against what the equity is against what the kind of quote unquote risk and effort required is for any given deal. So just to give you an example of how how that might look. We have some stuff with some property in Montclair New Jersey which is an affluent suburb with a nice downtown big community commuter population. We also have rentals in a rental property in Newark New Jersey which has a much different reputation. So. High level I might say I'm looking for. I'm looking to clear a thousand dollars a month on this on any given rental property purchase because if it's anything below that then it's a not worth my time and b I don't feel safe enough knowing that there are going to be there are going to be weeks or months or years. And I want to make sure that I have enough cushion to weather any kind of storm but that's also factored in with a lot that's also factored in with where the property is located. So if I'm in Newark let's say I know that that is not as strong of a real estate market and in a downturn values there are going to suffer. And and there's going to be you know not as much of a pool of buyers and long term. It's a different it's a different tenant profile it's a different I would say like operational burden from a management standpoint whereas something in Montclair you're dealing with a different class of tenant. You're not generally dealing with higher income earners. So in my opinion you have a greater likelihood of achieving some kind of rent growth there because you're dealing with a population that is generally seeing wage growth which is ultimately what's going to support rent growth. And then from an operational standpoint while you may be dealing with as John and I often kind of joke about you're dealing with a lot of people who don't want to be plunging a toilet or changing a lightbulb. So sometimes you have to provide a little bit more of a white glove service when it comes to management but at the end of the day you have less concerns that they're not gonna be able to pay their rent or that they're going to stiff you on the rent or that they're going to trash your place when they when they leave. So there is an economic value to that.   John Errico: [00:32:11] Yeah it brings up a larger point maybe we can get into right now which is what are the inputs to all of these forms analysis and I would say the very very top level input would be rents or rental income. That's generally the you know revenue or income side of the equation. So why do we talk a little bit about how to figure out what rents are and how to figure out vacancy rates.   Ben Shelley: [00:32:36] Yeah sure I mean I mean just very quickly but base level right once you when you're looking at an area you know it's sort of the same way that you're identifying from last episode where you're going to invest the next step would be to look at comps to try to determine what the average rents are in the area for your specific property and unit. So I think it's worth mentioning. I know this sounds simple but obviously there's a difference between renting studios first one bedrooms or two bedrooms or three bedroomsetc. and even within that context you want to know OK are you renting individual units are you renting the property out as a whole home as a single family versus multifamilyetc.   Ben Shelley: [00:33:12] And then also take into account what is the unit mix within your property. So some units I think a lot of people say oh you either rent two bedrooms or you rent three bedrooms well just as a case in point I was looking at a property the other day in New Haven and these two properties were all one one bedroom and one three bedroom. So understanding your unit mix as well as important. So once you determine through comps et cetera what your average rents are going to be for those different types of units then you want to take into account I think any other factors that might make you revenue. So for example does your unit have parking space. And if it does do you rent that out to tenants. So if you're renting out you can additionally add those types of revenue streams to at least I like to to your total revenue as it pertains to rental income because I consider that again you're probably paying a parking space by month. And then as John and Ryan alluded to you want to try to discount that rental by a certain vacancy percentage which is really just a guess to how long per unit would any given unit on a given month or any given year be vacant because as we know every day you have a unit that's vacant in his day you're losing money. So it's very very important to not just include a vacancy rate but to try to be as close and as accurate as you possibly can.   John Errico: [00:34:23] I think it's really important what you said shouldn't be glossed over it's important to include a vacancy rate because a lot of people would say oh I have a great you know that the rental demand is really high. My area and I'm always going to find a tenant that may be true but if you have a tenant leave who just doesn't wanna renew their lease. Maybe you can line up a tenant who's going to come in right after the person leaves. But more than likely you're probably gonna have to get in there paint the unit. Do something fix it up whatever you have to do so that at the absolute minimum you're gonna spend half a month maybe more likely a month just to get the unit turned around. So even in a very very high demand market you might still have a month of vacancy. Even per year. So at the very minimum I would say include a vacancy rate in some way and then adjusted upwards if you think that the rental demand is lower.   Ryan Goldfarb: [00:35:13] Other factors are at play not to get too in depth there and to kind of lose sight of the topic at hand which is understanding the income and expense but there's also a difference between physical vacancy and economic vacancy. So economic vacancy is also intended to keep and to take into account other factors like not just how much money you're losing because a unit is taken but also oftentimes it's kind of embedded. It also has like a bad debt number embedded in there which would be bad a bad debt write off from an accounting standpoint is the amount that you are foregoing because of an inability to collect. So if you're in an area where you have if you have a 20 unit building in just about any market it's going to vary depending on where you are but chances are you're going to run into tenants who are not going to pay. We're dealing with this right now and one of our properties actually with arguably multiple tenants in one of the properties we have one eviction ongoing which means obviously that tenant is not paying. We have another tenant who is I would say paying habitually late and is somewhat somewhat troubling to deal with this.   Ryan Goldfarb: [00:36:30] Well at the generals we thought we were a white glove service but that's a separate issue but this actually highlights the importance of screening your own tenant and not inheriting tenants.   John Errico: [00:36:43] To be clear we didn't choose any of these tenants.   Ryan Goldfarb: [00:36:45] They they came with the primary vote shows us the economic vacancy kind of takes takes these things into account.   Ryan Goldfarb: [00:36:53] The other thing I like to think about is what does a 4 percent vacancy mean so that in most in most contexts a four point four percent vacancy is indicative of any of an extremely strong market. But when you take when you think about it in the way that John just described 4 percent economic vacancy essentially translates to I think about two weeks of lost rent quote unquote over the course of a year. So if you think about one full month one full month of vacancy is about 8 percent of the year. So if you divide that in half that's 4 percent. So essentially what that means is if you're underwriting a 4 percent economic vacancy that means that you're expecting that on average you're gonna be seeing about two months of lost rent over the course of the year which when you think about the logistics and you think about things from a practical standpoint if you have a tenant leave I would say two weeks to have one from the time that one tenant leaves to the time that you clean the apartment that you make any repairs to the time that you lease it out to the time that that person moves in is extremely optimistic and probably a best case scenario.   John Errico: [00:38:03] And it's another you know a lot of investors rag on rent control and rent stabilized buildings which is you know a whole different time may be warranted. Yeah but one thing that you will have in a rent controlled or rent stabilized building assuming it's controlled or stabilize below market rents is that you're probably not going to have a lot of vacancies as long as you pick tenants that are going to pay rent. So just you know other a lot of things go into the rents and the vacancy rate.   Ben Shelley: [00:38:31] So I guess just just to sort of go back to you know general income an expense. Right so let's just say your total revenue including rents and any other affiliated income streams are added up to one hundred thousand dollars and you had a 10 percent vacancy so that's $10,000. So you're your net revenue from rent if you proportion that altogether is about $90,000 and then what you tend to want to do is go through your expenses. So obviously there are closing costs affiliated with purchasing the property and then there's holding as well but for the purpose of just rentals probably want to start by talking about fixed and variable expenses. So for your fixed expenses as an example you're talking about expenses that no matter what happens you know through through a lot. So what's the expression like hell and high water you're gonna have to pay these and those things include taxes insurance your mortgage payment. I tend to like to include utilities as a fixed expense because even if you are passing through a lot of those expenses to tenants you're going to have to pay some proportion of that or at least that might amount of money is owed to somebody all the time.   Ryan Goldfarb: [00:39:33] Point out that if we're looking at we're looking at deriving NY mortgage expansion B Well that is going to fix that.   Ben Shelley: [00:39:41] Yeah and I at the end I was gonna maybe make a caveat. I don't know he doesn't believe me but I promise. This is how I look when you send us you're like Deal somebody right.   Ryan Goldfarb: [00:39:51] I know that you have it in there but I know that when I when I think about it or when I think about it and it's gonna expert anyway for anyway purposes it's tricky.   John Errico: [00:39:58] One the major caveat one major thing to say is that everything that we're talking about is a yearly just people that get used all these calculations that done on a yearly basis not a monthly basis or whatever.   Ben Shelley: [00:40:07] And this is something that I that I took from from Ryan and John but oftentimes what we'll do is we'll separate the periods even refinancing aside let's just take out of the picture where we'll calculate the cost right. Equity required and just general affiliated costs up until the time that we lease up and then extrapolate out over the course of a year to see what the property looks like stabilized for one full year which may or may not be helpful for. For you guys out there but putting that aside once you calculate your fixed expenses and will take out the make sure to take out the mortgage for the NY thank you then you would look at your variable expenses these are expenses that can change year to year.   John Errico: [00:40:40] So things like just to touch it if you look we're going to talk about utilities as a fixed expense so the utilities are I think a I think a big a big one to think about. A lot of investors grossly miscalculate what the utility costs will be. And they also change depending on the nature of the property. So as an example used before he might have a property that has separate heat and hot water that is not super uncommon for smaller multifamily properties particular the northeast. So each property has their own boiler or furnace or whatever and they each have their own say hot water heater. In that case you generally as a landlord will pass the cost of heating and hot water through to the tenant because there is a separate meter and system for each tenant in a larger building or in a different building. You might have one central heating system like one boiler or one hot water heater and in that case you as the landlord will almost always pay for the cost of heat or hot water. You may be in a good great world would be able to in some way pass the costs along to the tenant but if you're looking at comps online oftentimes it's not entirely clear if the unit has heat and hot water included in the unit or the landlord pays it or whatever. Having said all that that calculus is significant also because you might even though the tenants say pay for heating hot water use the landlord is responsible for servicing the boiler and the hot water heater so you might though you might gain on the fact you don't have to pay those types of utilities every month every year for tenants that pay their own heat and hot water. You might lose because you know all the sudden you have say three or four boilers to maintain as opposed to one boiler and the costs of replacing a boiler for a four family unit and the cost of a boiler for a one family unit might be a little bit different but it's not way different. So there are pluses and minuses to having separate utilities in larger buildings particularly in the Northeast. It will almost always be the case that there will be one central heating unit and one central one high well positioned say that I love.   Ryan Goldfarb: [00:42:52] I've seen them separated pretty pretty early and even when there's one they're not separated even when they're not separated.   Ryan Goldfarb: [00:42:59] I think a lot of landlords have transition to a rub system ratio ratio utility billing system I think it's called where they essentially pass the costs through to the tenants and just kind of build them build them back in a pro-rata fashion.   Ryan Goldfarb: [00:43:16] So regardless of whether they are metered separately or not.   Ben Shelley: [00:43:19] So this is from by the way I mean we got John here unbiased top property manager probably in Hudson County. I mean I I take it it's so important. I'm glad you stopped me there because it really is important like all of these calculations matter. You know if you and like John alluded to earlier as well it's like OK let's say you pass even if you pass all your expenses. If a boiler goes down you are responsible as the landlord for that payment so you also want to allocate certain capital resources to those emerging nations.   John Errico: [00:43:46] The overarching point is just understand the utility expenses. There are also a hidden utility costs in Hudson County as you just mentioned but you have to pay sewerage costs which is not the case in other counties in New Jersey and across the country.   Ben Shelley: [00:43:58] So Mayor Stack we're totally okay with it. Really.   John Errico: [00:44:00] I promise I love it. I love it I love it at the North Hudson Sewage Authority. One of the greatest utilities on Earth. So to the bank one way to figure it out just ask.   John Errico: [00:44:11] I mean you could ask the prior owner the chances of you know for a smaller multifamily property them having great records to give you are low but conceivably or you could just ask another property investor in the area like hey need to see your utility bill for a two or three family property to be able to get.   Ryan Goldfarb: [00:44:26] You may be able to get it from the utility itself to maybe.   John Errico: [00:44:29] Yeah I don't know. I mean you could try but yeah. So when you're doing your due diligence make sure to figure out that no because even in a 2-family property say you're off by a thousand dollars for utility costs are per year. That's the law. Yeah that's going to really impact your bottom line.   Ben Shelley: [00:44:47] Yeah I mean especially where our numbers are so when you're talking about again multi-family properties. Any discrepancy even you may think it's just five hundred six hundred dollars. That makes a big difference in your bottom line and it makes a big difference in the totality of calculation you have for a lot of the metrics that we talked about which I'll I'll get into when we finish the breakdown. So just again to quickly run through it we talked about some of our fixed expenses. So just some of the variable expenses again these are expenses that would change potentially year to year as you're you're managing your property so things like admin expenses which might be fees affiliated with filing taxes or any kind of documentation you have to go back and forth that you have to pay for things like supplies things like maintenance costs something that's also really really important to try to allocate correctly probably best to be conservative when it comes to to maintenance costs and also very important which we're very familiar with a management fee right. If most people aren't. Well I would say in the multi-family sphere you see this more often especially if you are for example a house hacker. But most people are going to pay an outside company or source to manage their property. So is there a management fee. And if so what is the percentage of your gross rent that you're paying out to that manager. So it's usually I think somewhere between 5 and 8 percent. I know for a lot of the properties John that you work on you charge a percent but that depends on some sort.   John Errico: [00:45:59] I think it's probably between five and twelve percent but really it really depends on the market and the property for sure.   Ryan Goldfarb: [00:46:05] And it could be a lot lower even for say a multi hundred unit building it could be lower three to three to five and that is I say is more more of the norm but the as a practice whether you plan to self manage or not it's it's good to put a management fee in there when you're underwriting a property because whether it's because you continue to acquire and kind of grow out of self managing or because you grow tired of self managing it's highly likely that at some point you may consider hiring or outsourcing Robert property management. And if you do that you want to know that your property can support it.   John Errico: [00:46:42] Yeah. And management is a whole other sphere that we can get into at some other point. But just to touch on it very briefly beyond the numbers that we're talking about just having. Either the ability yourself to manage the property or having a good property manager is very very very important and very very valuable. And I have used third party property managers that have been great some that have been really bad and it is a large component that goes into buying a property and thinking about how to rent it out and even to our previous conversation before about location. Sometimes just having a good property manager that you can trust in an area could be a factor as to why you might want to invest there and what other side too is if you buy a say 2-family property in the middle of nowhere or someplace where you don't have an infrastructure setup it's going to be hard to find it's often to be hard to find a property manager who just going to want to manage your 2-family property. A lot of property managers are interested in managing portfolios bigger properties know whatever it might be.   John Errico: [00:47:45] So just take that into consideration if you're investing not in your own backyard where you can't actually manage it yourself.   John Errico: [00:47:50] How you like think about how could I find a good property manager how much is that going to cost how it's going to be set upetc.   Ryan Goldfarb: [00:47:56] And that property manager is also likely going to be your gateway to a good plumber or a good electrician or a good carpenter or a good pest control company and that's going to truly inform your experience probably more so than anything outside of buying the property.   John Errico: [00:48:11] Like for some properties that I manage it's really like I am essentially the owner of the property because everything you know for that property will flow through me like I might be responsible for making sure that the utilities are paid that the taxes are paid. Collecting rent to have access to the bank account everything else. So to the tenants of that property I am the landlord. I manage the property they have no idea that I don't personally own or have any equity interest in it. So think about that too. You know this property manager the sort of person that you want your tenants to deal with all the time is like the face of the property to really manage to operate the the logistics of the property.   Ben Shelley: [00:48:51] And I think again to their point it's worth first taking into your calculation just for for both conservative purposes but also for purposes of it's likely that you'll end up using a property manager if this is one of your first investments and particularly if you're going somewhere further away from you. So if you're talking about an hour drive two hour drive or even further it really is essential but also understanding that it may well may be difficult to find a property manager for an area that you're unfamiliar with that it can be essential and can also actually in the long run cost the side help increase help juice your bottom line because if they're the ones consistently handling maintenance issues collecting rent that can be a boon for your for your total rental revenue.   Ben Shelley: [00:49:31] And so the only thing left to do once you have your revenue and income and expenses is to do the calculations to get you your final assumptions so you know for us these are smaller deals so we can talk in the second but what.   John Errico: [00:49:45] Maybe one less thing on expenses not to totally gloss over it but would be I think you mentioned too that repairs and sort of highlight the same thing.   Ben Shelley: [00:49:54] I'm doing the overhead.   John Errico: [00:49:55] You guys get into the weeds so that's another thing that property investors will often miscalculate or under overestimate the way. So I'm thinking you have a great great is maybe not the right word. There is a property manager in New Haven that we've used in the past is a real character a great guy and he was trying to sell me a property a couple of years ago that he had owned for about seven or eight years and so he was walking through those properties for five family property and he said well I said to him like why do you want to sell this property.   Ben Shelley: [00:50:32] And I said I juiced it and I think we've talked about this on a previous ad before. I think so. Now to talk about it again it is very relevant here.   John Errico: [00:50:41] Well you haven't caught that episode just yet.   Ben Shelley: [00:50:44] We're listening John. Thanks.   John Errico: [00:50:47] So yeah he said he juiced it which means that he had the everything that you have in the property has an economic life a useful life. You under describe it including the property itself but aspects of the property that have defined life terms would be the roof your boiler your hot water heater maybe some of your fixtures in your bathroom. These are the things that you install and you know that at some point you gonna have to replace them. So maybe like a cheap roof might last you 10 years a hot water heater is probably not gonna last you more than 10 or 15 years. So what he meant in that context was that he put money into the property. Day one that he bought it and now seven eight nine years later all of the stuff that you put in now needs to be replaced. So all of a sudden there's gonna be a big cost to replace the roof and the hot water heater and the boiler and whatever else. The way to look at that in the context of what I was saying with with repairs and maintenance is that those expenses that you have to pay for a hot water heater whatever are not going to be born every year like in year to year three or four you're going to have to pay money to replace a hot water heater but you're going to have to pay a lot of money after Year 10. So the way to to underwrite it or to think about it is women look at that expense and then just divide that total expense by the number of years that I have. So I might put in my budget that my repairs and maintenance are twenty five hundred dollars a year. But there might be two or three years I don't pay a dollar to that or pay ten dollars and there might be one year where I pay eight thousand dollars. So over the lifespan over the three or four year period of time and I'm looking the average might be that number. But in any given year it might not be that exact number and it's important if you look at a property you know say the owner might say oh I didn't spend any money on maintenance last year. Okay great. That does mean that the cost that you should underwrite is zero dollars. It just means that maybe you know nothing bad happened that year but next year you know this year to replace a boiler for our properties cost me a boiler and hot water heater cost me seven thousand dollars. But last year I didn't have to do anything so cost me five bucks there.   Ryan Goldfarb: [00:52:45] I'd like to have a distinction between repairs and maintenance and capital expenditures. So repairs and maintenance are generally classified as maintenance of existing fixtures maintenance maintenance and overall maintenance of the property. So that might be things like going and unclogging a toilet or patching a hole in the drywall from somebody who took down a picture. Little things like that that are just more so upkeep than a true replacement. I think a lot of things that John alluded to are more so classified as capital expenditures which also as you alluded to have a pre-defined lifespan and it's just an inevitability that there's gonna be concern that those are going to have to be addressed. So when you're looking at your quote unquote repairs a maintenance number it's important to take both sides of the equation into account. And oftentimes as this this also comes back to the idea of applying context to your investment. So if you're buying something that you're maybe getting a little bit of a deal on but it's an older house it hasn't been renovated needs a little bit of love. Need some cleanup maybe hasn't been lived in for a little bit. You can. You can bet that in the first year or two you're going to find out where the leaks are you're going to find out where the warts of the property are and you're going to be spending on both repairs and maintenance and probably some capital expenditure items if you didn't pick them up immediately anyway. And on the same token you may buy something that is perfectly that is turnkey and that was renovated right. And it may be reasonable for you to assume that in year one year to year 3 your repair maintenance number is gonna be pretty low because most of those items that John alluded to earlier have already been addressed and you shouldn't need to deal with them again. Let's say that John you also know manager property that was recently renovated but was not renovated to the standard that one would expect and so despite the fact that it's renovated I think there's been a fair amount of expenditures on the repairs and maintenance side just to address some subpar renovations.   John Errico: [00:54:50] Yeah I think the way to look at it. I think we even talked about this in the previous episode is that even though there are events that happen infrequently it doesn't mean that they'll never happen. So even if you have a property that's been recently renovated everything is OK. You could still have a pipe that will leak but just the way that it is. So I I could probably count it. You know I manage quite a few properties. I can probably count less than maybe there are one or two of the properties that I manage which is like over 10 properties each of which have multiple units that has never had a pipe leak in the time that I've managed it. And doesn't matter if the pipes are new or old or whatever it is just the way that it happens. So does it happen every day. No but it does happen. So even things that are infrequent are going to happen sometimes. Doesn't matter how old how young what the status is whatever. So the only way I mean if you really really really want to control your maintenance issues is to do preventative maintenance and I would say do it yourself. Don't rely on a previous property owner to have done quote unquote preventative maintenance because as Ryan mentioned even properties that are newly renovated you have no idea the standards that the previous construct. Contractor construction person whatever used to apply to it if you want to get it done then be preventative yourself. But I would say do it yourself and make sure it's done right.   Ben Shelley: [00:56:11] Yeah I mean it was crazy not to mention the idea of cap ex capital putting aside a capital reserve you know a lot of the things that we're doing here when they're smaller deals we're looking just a year one so renovation to lease up through through a full year year and a half. But even with something as small as that to looking at something over a 10 year 10 year exit you got to have some sort of proportion put aside of your of your income put aside to address these possible concerns.   John Errico: [00:56:35] Yeah. So that's that's a great point to bring up as well that the way that I always think about properties whether I own them or manage them is that they're that there will be a pool of money and you can call it like an emergency fund or a capital reserve fund or repair fund or whatever want to call it that is usually at least equal to the deductible of the the insurance that you have in the property but oftentimes is larger. I would suggest to be larger because for various reasons you might not want to make an insurance claim or whatever it is you want to be covered insurance but long story short is that for the first year or two of the property if you're thinking about a property as like a cash flow machine I the way that I operate and what suggest operating is taking the income that you're generating from the property you're your net operating income and putting it into a separate fund or a bank account for the property and waiting until that reaches a certain amount maybe it's 1 percent of the purchase price 2 percent of the purchase price the value whatever you want to use for me and a lot of 2-family properties it's often like 10 grand or something around there and don't touch that money at all until it gets that point once it matures beyond 10 grand start making distributions to yourself or to investors or whatever might be but keep the money in there so that you know on a rainy day if you have like and like what happened to me this year I had a seven thousand dollar expense just come out of nowhere. Well I had ten thousand dollars in my account so yeah my accounts now down to three thousand dollars but I didn't have to go into a credit card saving you know whatever might be. I just had the money sitting right there and I didn't make an insurance claim for other reasons that we can get into at some other point but but it's nice to have the security so that's I think I would highly advocate it touches back to the point before about not being undercapitalized and buying a property. This is not being undercapitalized when maintaining a property going forward.   Ryan Goldfarb: [00:58:22] That's a great point. And I think if you want to understand why we don't always believe in NOI when we see one or we don't always believe the numbers that a broker or a wholesaler or another investor is showing to us me then you want to understand why we're maybe skeptical about the numbers that we see it's because if you go through each and every one of these line items there is a certa

I am constantly on the lookout for good neighborhood restaurants. The kind of restaurants that treat me like a regular even if I'm not; where the host greets me warmly even when it's really crowded; where the food is consistently serious and reasonably priced; and, most of all, where I feel well taken care of at all times.   So when I read Kindness & Salt: Recipes for the Care and Feeding of Your Friends and Neighbors by Doug Crowell and Ryan Angulo, who own Buttermilk Channel and French Louie, two terrific neighborhood restaurants in Brooklyn, I knew they'd be great guests to have on Special Sauce. And I wasn't disappointed.    Both Doug and Ryan fell in love with restaurant work right away. For Ryan it was antidote to high school; he started washing dishes at a country club when he was sixteen. "I hated high school," Ryan says, "I wasn't into sports. I got into the kitchen, and I felt right at home."   On Doug's first day in a kitchen, he was asked to go through a crate of live lobsters and separate the bodies from the claws. "So I never had seen that done anywhere else before, but it's not easy to take a lobster's claws off while they're still alive and it's a pretty messed up thing to do," Doug recalls. "And they were flopping all over the place and snapping at me. That was a trial by fire...But I loved it."   When they decided to open a restaurant in the Carroll Gardens neighborhood of Brooklyn together, they had a specific kind of restaurant in mind. As Doug says, they wanted it to be "sort of a hub of the community as well as being one restaurant for all occasions. So a place where you can go with your kids and also come back for a fancy dinner. That's when I know we've really succeeded, is when see those same parents who came in with a high chair and they're back for their anniversary."   And while that may seem like the perfect definition of a neighborhood restaurant, I asked Doug to expand on the idea, and he said, "I think it's a place that if you live near the restaurant, that you can come back to multiple times in a week and have different experiences from the menu and from the service, and from the drinks and everything. You can come in and have dinner by yourself; you can come with your family, you can come with your kids. Because a neighborhood restaurants means that you get a lot of people from the neighborhood regularly, and they can't really do that if it's just a tasting menu restaurant or it's a steakhouse."   There's lots more to dive into in this week's episode of Special Sauce, like the secret (or non-secret) of Ryan and Doug's superb fried chicken, so I hope you tune in.    ---   The full transcript for this episode can be found over here at Serious Eats: https://www.seriouseats.com/2019/02/special-sauce-doug-crowell-ryan-angulo-1-1.html

This is it! The year is winding down and your Shock Waves hosts Rob Galluzzo, Elric Kane, Ryan Turek, and Rebekah McKendry are here to walk you through the best horror of 2018! But first, the gang touch base on what they've seen lately. For Ryan, it was LEPRECHAUN RETURNS. Elric reports back on GOOD MANNERS. Rob talks URBAN LEGENDS: FINAL CUT. Bekah signs off on HOUSEWIFE. And then we get into it! We count down both our Top 10 horror movies of the year, as well as our 10 favorite horror things in 2018. For this episode, we tackle picks 10 through 6! What made the cut? Did the updates of SUSPIRIA and HALLOWEEN sneak into the top 10? How about break out indie favorites like HEREDITARY and MANDY? Or Shudder originals like TERRIFIED and SATAN'S SLAVES? You'll have to tune in to find out!

Ryan Florio is the founder and "TeaEO" of Inca Tea. He launched the brand after being struck by inspiration while hiking the Inca Trail to Machu Picchu in Peru.    In this episode, Ryan shares some practical advice around launching a consumer packaged goods (CPG) brand. We chat about playing the long game, branding, commitment, and even some of the legalities involved with launching a product brand.   For Ryan's advice on how to find your passion and the inspirational story behind the founding of Inca Tea, check out the last chat we recorded - Find Your Passion w/ Ryan Florio (Episode 4).   Check out IncaTea.com to order your tea today!

Ryan Haack is a writer, speaker, and blogger who was also born with one hand. Today’s episode is a re-run of episode 45, which is a Productive Flourishing favorite because it highlights that we’re each different, but it’s how we handle our differences that makes all the difference. Ryan uses what makes him different to inspire kids, parents, and teachers to explore how being different isn’t just something to cope with, but how being different is awesome. Key Takeaways: [2:05] – Ryan started his website, Living One Handed, back in 2011. It goes back to him being born without one hand, but consciously, this fact didn’t make a difference in his life for a long time. After an encounter at a restaurant with a mom and her son who was also born without a hand, he decided to use his online presence to help reach others and make a difference. [4:41] – Growing up, Ryan had an incredibly supportive family, school, and friends, and his physical handicap wasn’t a big deal to them because it wasn’t a big deal to Ryan. Starting the website challenged him to think about the fact that there are other people out there like him, and then figure out what kinds of struggles they face and how he could help. [7:20] – When we have an aspect of ourselves that’s different from the majority, we often have a double veil: the way we see ourselves and the way other people see us. For Ryan, he didn’t really have the veil of how other people saw him. [9:19] – Ryan’s left arm comes down just past his elbow, with the ability to bend it. He broke this arm and now has a steel plate and seven screws in it. Ryan has always been open about his limb difference. It really makes a difference in how people react and how they want to engage. Ryan embraces vulnerability and tries to be gracious, because he is in a position where he can also teach people. [14:30] – Ryan shares an example of his job in the hardware store and instances where he used to refuse help. Once you get comfortable enough with yourself that you know you can do things independently, you start to realize you don’t really have anything to prove. It can be easier to accept help then – this is a lesson we can all learn. [16:50] – In our society, there is a stigma attached to getting help from other people. We often view receiving help as being weak, and we don’t allow people who want to help us to give us that extra bit that we need. In the case of our differences, maybe it’s because we don’t want them to be on display. [19:15] – In a community made of people who have a visible difference, words are huge. There is a dual nature of “I’m not any different than you” but also bringing awareness to the fact that they are different from you. With his book, Ryan wants to encourage people to claim their differences and celebrate that being different is awesome. [21:38] – It is our differences that make us awesome and beautiful. They are not something that need to be hidden away. If we can’t talk about it, we can’t be seen. [22:00] - Ryan did a Kickstarter for his book, Different Is Awesome. After some experiences at his younger brother’s school and meetings with some other authors, he realized the idea he wanted to bring to life. Kickstarter seemed like a good platform because the book had specific appeal, but a broad message that could reach a lot of people. [25:18] - The Kickstarter project was a massive success. There was a lot of pre-launch work, and Ryan attributes a lot of the success to the short video they shot. The target amount they wanted to raise was $25,000, and he ended up with over 500 backers and made over $29,000. [28:55] - The message of Different Is Awesome is that different is awesome, and it shares the story of a little boy who brings his brother to class so they can ask him questions, and all the kids who are asking questions have something that makes them different. In the end, it fosters the discussion that we’re all different somehow, and encourages people to recognize and respect each others’ differences. [30:38] - Everyone is valuable just as they are. If we value ourselves, we will therefore value other people, and we’ll treat them that way. What Ryan stands for is helping other people believe that they are valuable, so it changes their lives and that of those around them. [34:26] - Ryan hopes people will feel encouraged and valuable based on the work he’s doing, and that he can provide hope and courage to them. Additional Links: Productive Flourishing Ryan Haack Different is Awesome, by Ryan Haack Ryan’s Podcast The Art of Asking, by Amanda Palmer Harry and Willy And Carrothead, by Judith Caseley Leave a Review

Who was your first crush? A celebrity? A classmate? For Ryan, it was Mothra's twin fairies, and so he's dragged Sam and Joanna to the front row seats for this episode's viewing of Mothra. Actor and improviser Charlotte Spangler joins the Godzillavangelists on their journey through the incredibly bizarre world of paper-mache chickens and Japanese interpretations of Christianity. Is Jesus Christ a 60-meter female butterfly? Possibly! Next episode features King Kong vs. Godzilla (1963). We'll be watching both versions, but the American version is up first! Godzillavangelists is a satirical, critical work not affiliated or endorsed by Toho, Legendary Pictures, or anyone behind the Godzilla series. Visit our website at Godzillavangelists.com! We’re also on Twitter @Godzillacast, and Instagram @Godzillavangelists! And we have a Godzillavangelists Facebook page too!

Why is hiring so important under for compliance? It is because hiring is important to any company’s health and reputation. At this point, until the US Supreme Court tells us that a corporation is the same as a human being, with both obligations and rights; a company is only as strong as its employees. Like most areas of compliance good hiring practices for those employees who will do business in compliance with anti-corruption laws such as the FCPA are simply good business practice. I have seen one industry estimate, it costs an average of roughly $4,000 to replace a single employee, and one survey of 2,500 companies found that a single bad hire can cost more than $25,000 in lost productivity, lower morale and the like. For one of the energy services company where I worked this estimate went as high as $400,000 to hire and fully train a new employee. I would add that those costs could go up significantly if a bad hire violates the FCPA. As far back as 2004, in Opinion Release 04-02, the Department of Justice (DOJ) realized this was an important part of an overall compliance program when it approved a proposed compliance program that had the following requirement: Clearly articulated procedures which ensure that discretionary authority is not delegated to persons who the company knows have a propensity to engage in illegal or improper activities. One tool which that is often overlooked in the hiring process is the reference check. Many practitioners feel that a reference is not of value because prospective candidates will only list references that they believe will provide glowing recommendations of character. This leads to a pro forma reference check. However, in an article in Harvard Business Review (HBR), entitled “Gilt Groupe’s CEO on Building a Team of A Players”, author Kevin Ryan explodes this misconception by detailing how he views the entire hiring process and specifically checking references. I would add that it could be a valuable and useful tool for you and your compliance program. In the hiring of personnel, Ryan details the three steps his company takes: (1) Resume review; (2) In-Person interview; and (3) Reference checks. Ryan believes that resumes are good for establishing “basic qualifications for the job, but not for much else.” He believes that the primary problem with in-person interviews is that they are skewed in favor of “persons who are well spoken [or] present well.” For Ryan, the key check is through references and he says, “References are really the only way to learn these things?” Ryan recognizes that many people believe that reference checks are not of great value because companies cannot or will not give out much more information than confirming dates of employment. However, he also believes that “the way around it is to dig up people who will speak candidly.” He also recognizes that if you only speak to the references listed on a resume or other application, you may not receive the most robust appraisal. Ryan responds that the answer is to put in the work to check out references properly. Ryan believes this is one of the key strengths of search firms and that companies should emulate this practice when it comes to reference checks. He notes that anyone who has worked in an industry for any significant length of time will have made many connections. Invariably some of these connections will be acquainted with you or those in your current, and former, company. Ryan gave the following example: A longtime friend who was employed at another company called and said that he had been asked by his hiring partner to find out “the real story” on a hiring candidate by asking Ryan his candid opinion of the candidate. Ryan’s response was “Don’t hire him.” Lest you think that such refreshing honesty no longer exists when informal employment references are provided, you are mistaken. In my past corporate position, I was charged with performing compliance due diligence on senior executives and I spent time doing what Ryan suggested, calling acquaintances that I knew and asking such direct questions. More than 75% of the time, I got direct responses. Ryan believes that you must invest your company in the hiring process to get the right people for your company. The same is true in compliance. You do not want people with a propensity for engaging in corrupt acts working for, or leading, your company. Moreover, failure to prevent such hires can be evidence of an not effective compliance program and lack of appropriate commitment to compliance at your company. The hiring of someone who will perform business activities in compliance with anti-corruption laws such as the FCPA will continue to be as much art as science because the hiring of quality employees for senior management positions is similarly situated. But that does not mean a company cannot work to not hire those persons who might have a propensity to engage in bribery and corruption if the situation presented itself. The hiring process is just one more tool that can be utilized to build an effective and operationalized compliance program. Three Key Takeaways The hiring process can be seen as the first step in operationalizing your compliance program. The DOJ spoke to hiring as part of a best practices compliance program as far back as 2004. Reference checks are an underutilized part of the hiring process and a key internal HR control. This month’s series is sponsored by Advanced Compliance Solutions and its new service offering the “Compliance Alliance” which is a three-step program that will provide you and your team a background into compliance and the FCPA so you can consider how your product or service fits into the needs of a compliance officer. It includes a FCPA and compliance boot camp, sponsorship of a one-month podcast series, and in-person training. Each section builds on the other and provides your customer service and sales teams with the knowledge they need to have intelligent conversations with compliance officers and decision makers. When the program is complete, your teams will be armed with the knowledge they need to sell and service every new client. Interested parties should contact Tom Fox.     Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to Tuff Love with Rob Kandell. The guest star on the show today is Ryan Thomas, who runs the podcast Modern Sex Talks. Rob was on that podcast and now Ryan is here to talk about the concept of sex in the modern age. How Ryan ended up teaching and running a podcast called Modern Sex Talks is a bit of a long story. His background is in the military, he was an Army Captain and he served in the Canadian Army for 11 years. In that environment, it’s not very emotionally intimate. For Ryan growing up, he didn’t get a lot of sex education, and learned a lot from pornography and the internet. As he got older, he started using sexuality as a way to build confidence, which led him down some very dark paths. He started to hate women, which isn’t a healthy place to be. He realized he was the only common denominator in all the problems he was experiencing in relationships. That wasn’t an easy thing to realize. Love the show? Subscribe, rate, review, and share! Here’s How » Join the Tuff Love Community today: robertkandell.com Tuff Love Facebook Tuff Love Instagram Tuff Love YouTube Tuff Love LinkedIn

Ep140 Ryan Moran of Freedom Fast Lane: Financial Freedom, Personal Growth, and Extraordinary Living Ryan Daniel Moran is one of the most sought after and well respected leaders on entrepreneurship in the marketplace. He is best known for helping businesses develop their million-dollar plan, getting rapid results, and investing the profits for passive income. Ryan is recognized for cutting out the fluff and creating the “fast lane” to results without compromising your lifestyle or being a slave to your business. YOUR $100: Remember to subscribe to the show on itunes then text the word "nathan" to 33444 to confirm that you've done it to enter to win $100 every Monday on the show. Do this now. Stop reading this and do it!   Click here to join the top tribe and instantly learn how Nathan made his first $10k at 19 years old: http://nathanlatka.com/startertribelive 3 Key Points: ‘Real companies’ that have potential for growth offer products and services that are independently sought by customers. Not just from websites like Amazon. If you want to have an exit with a cash flow business, you need to build it like to acquire customers and influence the marketplace. For the younger viewers, you don’t have to do something the way everybody says you should, you can blaze your own path. Episode Notes:  01:00 – Nathan’s introduction to today’s show 01:30 – Ryan joins the show 02:40 – To sell on Amazon, one should focus on ranking high on search keywords 03:25 – ‘Real companies’ offer products and services that are independently sought out by consumers – not just on Amazon 03:41 – Ryan’s team’s total topline revenue in October: 500K 04:06 – Primary expense of being in a products business is usually cost of goods sold (COGS) 04:45 – For Ryan and his team of 6, COGS is around 30% (in the ballpark) 05:40 – Costs include salary, sales, and advertising 07:08 – For publicity, Ryan’s team often sponsors athletes or bloggers 07:54 – Ryan’s primary focus is to scale into new areas and to find new ways to capture customers once they purchase through Amazon 08:42 – Ryan’s team will put things in their packaging in order to direct attention to some of their other products 09:05 – Some examples of what are put in their product shipments 10:18 – Ryan’s team nets just under 50% of their topline revenue of 500K   11:03 – Ryan and how he sold his yoga products business 13:14 – Selling a cash flow business is possible but not easy    14:30 – If you want to have an exit with a cash flow business, you need to build it like to acquire customers and influence the marketplace. 16:00 – Details on Ryan’s next conference 17:55 – Famous Five Related: Want to learn how to go from $0-$10k/mo in revenue fast? Join Nathan live on the Starter Tribe Beta free workshop. Famous 5 Favorite Book?— Straight-Line Leadership by Dusan Djukich What CEO do you follow?— Glen Beck and Tai Lopez What is your favorite online tool?— Ryan prefers a physical journal (probably black moleskin) Do you get 8 hours of sleep?— Most of the time (unless the baby’s having a particular night) If you could let your 20 year old self know one thing, what would it be?— Realize that you don’t have to do something the way everybody says it should be done. Blaze your own path. Resources Mentioned: Growth Geeks – The way Nathan hires growth hackers on a per project basis for things like info graphics, blog posts, and other growth projects freedomfastlane.com – Ryan’s website Glen Beck – Businessperson Ryan follows Tai Lopez – CEO Ryan follows. Straight-Line Leadership – Book that Ryan stands by Want to learn how to go from $0-$10k/mo in revenue fast? Join Nathan live on the Starter Tribe Beta free workshop. Listen to The Top if you want to hear from the worlds TOP entrepreneurs on how much they sold last month, how they are selling it, and what they are selling - 7 days a week in 20 minute interviews! Join the Top Tribe at http://NathanLatka.com/TheTop The Top is FOR YOU if you are: A STUDENT who wants to become the CEO of a $10m company in under 24 months (episode #4) STUCK in the CORPORATE grind and looking to create a $10k/mo side business so you can quit (episode #7) An influencer or BLOGGER who wants to make $27k/mo in monthly RECURRING revenue to have the life you want and full CONTROL (episode #1) The Software as a Service (SaaS) entrepreneur who wants to grow to a $100m+ valuation (episode #14). Your host, Nathan Latka is a 25 year old software entrepreneur who has driven over $4.5 million in revenue and built a 25 person team as he dropped out of school, raised $2.5million from a Forbes Billionaire, and attracted over 10,000 paying customers from 160+ different countries.   Oprah gets 60 minutes or more to make her guests comfortable to then ask tough questions. Nathan does it all in less than 15 minutes in this daily podcast that's like an audio version of Pat Flynn's monthly income report. Join the Top Tribe at http://NathanLatka.com/TheTop

It’s Day 2 with Ryan Roy, and today we're diving deep into the topic of Accountability. Some people are terrified of it, some depend on it. For Ryan, he lives and breathes it.    Today, Ryan takes us through the exact process he uses to create powerful Accountability Systems for his clients.   There are some absolutely brilliant take-aways in today’s conversation. If possible, you will want to have a pen and a notebook in front of you for this one.   Thanks for tuning in, and continuing to share the show with your friends. Have an incredible day. Do what moves you.   In This Episode, You Will Learn:   The difference between a Life Coach and an Accountability Coach The exact process Ryan uses to create powerful Accountability Systems for his clients How to discover the most important goals in your life, and break them down into 1300 bite-size action steps over the course of 1 year How to figure out the top 5 activities you can do this week to move your life forward How to wrap your head around Accountability, if you feel resistance around it   Resources Discussed   Ryan’s website Elan Marko’s Habit Hacking Challenges   Continue the conversation with me in these ways: Email at dave@movingmillennials.com and follow me on Twitter  @_daveanderson.   Visit http://www.movingmillennials.com/87 for complete show notes, to download The Manifesto, and to receive your free ebook, 'The Millennial Mentors: Volume 1'.

For Ryan at the Main Street Gazette http://www.mainstgazette.com/2009/06/there-came-sailor.html