Ray specializes in three areas of investing; Rehab, Property Management and Deal Structuring. He started with rehabbing. As a teenager during the summers he worked as a flunky for his step-dad on rental properties. He and his brother did their first rehab in 1982. It was a severely fire damaged property. After barely surviving the rehab and making every mistake in the book, they have gone on to do 100’s of Rehabs, mostly on their own properties. From minor to major fire, flood and Mold. Ray has received certifications in Mold and Fire remediation and a State HVAC license and a Real Estate License.
He currently buys and rehabs properties with his partners and their Company Race Property Management and is also a Mentor where he helps students in their Rehabs. He is proud of his relationship with his contractors, building relations that have lasted over 20 years with many of them.
Turning an old outdated house into a home, makes this one of the most rewarding things an investor can do and be proud of. There are so many traps and ways to get hurt. As an investor it’s about ROI, but as a rehabber it’s about quality, function and use. Managing both outcomes is where the fun begins.