fbpx

Client: Benny Dadlani
Market: Gainesville, Florida
Cash flow: $2,255/month
Cash-on-cash return: 15.5%
Occupation: Business owner
Investment goal: Build $10K/month in passive income and create generational wealth

Before we started working together, Benny had already achieved more than most people dream of.

He’d built a career overseas, run successful businesses for over three decades, invested in duplexes, and provided a comfortable life for his family.

But as his business started slowing down and struggling, Benny began asking himself: 

“How can I create a steady, reliable income that supports my wife and me for the rest of our lives — and leave behind something meaningful for our kids?”

Even after building and running multiple businesses, he still felt like he didn’t have enough to retire.

But at 57 years old, he didn’t want to hustle harder. His businesses had drained a lot of his energy. Instead he wanted to build a business that would let him enjoy his retirement with stable, passive income, that gave him more flexibility with his time, and something he could pass on to his children as a legacy. 

He specifically wanted to get $10,000 in monthly passive income. (Spoiler: his very first U.S. investment now brings in over $2,000/month in net cash flow — and he’s already working with me again to scale further.)

Benny had resources to tap into – his years of business experience, a strong financial foundation with $300,000 in savings.

But he also knew what he didn’t have. 

Benny lives in Canada, and so he wanted somebody by his side to help him understand the U.S. market. He also desperately needed someone to keep him focused on what he needed to do and to hold him accountable. 

He came across the strategy that I teach – the rent-by-the-room model. This is a strategy that essentially helps you double or triple your cash flow per property. 

Instead of renting a property to one tenant, you rent it by the room to multiple tenants, such as students and healthcare workers. 

Not only do you get more cash flow, but also much more stability because if one person were to stop paying rent, you still have 4 or 5 others paying rent. And if you rent to students, there are new students coming in every single year.

Something I explain in more detail here:

Even though Benny saw all the benefits of it, he realized he didn’t have the experience he needed to implement this strategy. And he knew he needed help…

Benny realized he couldn’t do it all on his own

When Benny first reached out, he told me exactly what he wanted.

Someone who could guide him from the beginning on the rent-by-the-room strategy, hold him accountable, and teach him how to build systems like the ones I had built for myself, so that he could free up his time. 

His problem wasn’t motivation – like most new investors, Benny knew what he wanted and why.

But he didn’t have the clarity he needed.

He had analyzed deals before but often second-guessed himself, wondering if he’d done enough due diligence or if he was missing something critical.

And he knew that indecision could cost him years and hundreds of thousands of dollars by doing things the wrong way.

Benny needed a roadmap and a partner who had been there before. He recognized that by having a mentor by his side, he could get to his goal much faster (and with much less risk) than if he did it all on his own. He told me that essentially he wanted somebody to hold his hand throughout his entire real estate journey.

He says: 

“A mentor has experience and has been in that business and has probably seen all those situations and experienced a lot more than you, since they are already in the business. Having that person holding your hand is a big benefit mentally and emotionally… There’s this quote: ‘the biggest lie we tell ourselves is that we’re going to do it later because later never comes.’”

But like most people, he wanted to know if the strategies I teach would work for him.

And after speaking to some of my other clients, he had the reassurance he needed. 

He says: 

“When I first considered Ryan as my mentor, he straight off sent me 5-6 contacts, previous students, and asked me to call them. That was so transparent. I called 2-3 people and spoke to them, and they all spoke highly of him. I’ve had mentors in the past, whether it was in real estate or some other business, and I’ve never had a person send me those contacts so quickly.”

And so Benny joined my real estate coaching program – and we went to work. 

couple packing belongings in carton boxes

First, we created a clear plan

From day one, this was our focus. 

Together, we:

  • Selected Gainesville, Florida, as the ideal student market for Benny. The reason Benny chose Gainesville was that he had gone on a field trip to Tampa, Florida and liked the state. Tampa was overpriced for him when we started looking for a rental, while Gainesville had a lot more affordable housing, so he chose Gainesville.
  • Identified properties that would have a high cash flow
  • Created a renovation blueprint to optimize the floor plan for rent-by-the-room income
  • Set up local systems for remote management and tenant screening – remember, Benny is located in Canada!

I also shared my full resource stack, from deal analysis templates to lease templates to tenant management systems and the exact processes I use to scale.

Text message from Benny sharing he signed his first tenant

Benny took every piece of advice and ran with it.

The result? Benny overcame his overwhelm and successfully invested in his first U.S. property

Within months, Benny closed on a property that would become his first high-performing U.S. student rental. And his best performing rental compared to the ones he owned in Canada.

These are the specific property details: 

  • Market: Gainesville, Florida
  • Purchase price: $320,500
  • Down payment: $112,000 (35%)
  • Renovations: $20,000
  • Loan: DSCR loan at 7.98% interest
  • Mortgage payment: $1,935/month
  • Total rent: $4,190/month
  • Cash flow: $2,255/month
  • Cash-on-cash return (after expenses): 15.5%

Here’s the best part: he never visited it in person.

Benny says:

“The most amazing thing is, I have not even been to the property. I did everything remotely – with Ryan by my side.”

Text message from Benny sharing he has filled his rental property thanks to Ryan’s coaching

Just like most new investors, Benny was hesitant to submit his offer. But he didn’t stay stuck; instead, he leaned into the mentorship and took the leap. 

When Benny closed on the property, he didn’t stop there. He set up repeatable systems for marketing, property maintenance, and managing tenants. 

That foundation now lets him scale with confidence and helps him shave off hours of managing his properties so that the cash flow he makes is much more passive.

Today, Benny earns over $2,200/month in net cash flow from his first U.S. property. And he manages the property remotely without an expensive property manager!

He is now focused on acquiring two more rent-by-the-room houses and fully systemizing his portfolio to generate $10K/month in passive income. 

To make sure he is making the best decisions and avoiding costly mistakes, Benny decided to extend his coaching with me and tap into my experience of scaling rental portfolios to six figures and beyond.

But beyond the numbers, he’s achieved what he truly wanted. And that is real freedom with passive income, stability, and the confidence to keep going.

He says: “I did it remotely. And if I can do it, you can too!”

The secret to Benny’s results

Benny had a lot going for him: his existing properties and years of experience in business. But those are not the reasons why Benny was so successful.

Nope, it’s this: 

I’ve helped close to 80 clients at this point and the most successful ones are those who have the right mindset. 

Benny approached real estate like a student. He was coachable – and he took action. 

He showed up prepared for every call, wrote down his questions, and applied everything he learned during our coaching sessions.

When something came up, he problem-solved and asked me for help. 

Text message from Benny asking a coaching question

That’s the hallmark of a great investor.

Benny’s story is proof that it’s never too late to start building the life — and legacy — you want.

And that you don’t need to quit your job or move to another city!

You just need: 

  • A proven strategy 
  • The right mentorship
  • And the willingness to take action

Just like my other clients, Benny is now proof that the rent-by-the-room model works for anyone ready to create lasting wealth.

man with cardboard boxes while packing

Want to build your own cash-flowing portfolio? 

If you, like Benny, are ready to:

  • Replace income from your job or business with real estate cash flow
  • Build long-term generational wealth
  • Learn how to manage out-of-state rentals remotely

Then let’s chat.

I’ve helped 80+ investors like Benny do exactly that — using the same rent-by-the-room system that allowed me to retire from my pharmacy job at 31.

You don’t need any type of investing experience and you can be located anywhere. (Note: all my strategies apply to the U.S. market.)

However, you typically do need to have saved at least $60,000-$75,000 saved for the down payment and unexpected costs.

If that’s you, let’s chat! 

Book your FREE initial call here to learn how to start building your wealth and net worth.

About Ryan Chaw

About Ryan Chaw:
Ryan Chaw is a real estate investor with a multi-state and multiple six-figure rental portfolio, which he built on the side of his full-time job. Ryan also teaches others how to buy their first deal and quickly scale to owning multiple properties. Ryan also teaches others how to buy their first deal and quickly scale to owning multiple properties. Read more about Ryan here.