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The Long Game by Ryan Richards
The Long Game by Ryan Richards is a podcast about how real operators think, decide, and build for the long term — and what actually happens behind the scenes when the stakes are real.
Narrated and hosted by Ryan Richards, the show pulls back the curtain on business, real estate, and investing through unfiltered conversations with operators, investors, and builders who have earned their perspective. You’ll hear what worked, what didn’t, and the decisions most people never see or talk about publicly.
This isn’t surface-level advice or polished success stories. It’s a fly-on-the-wall look at high-caliber conversations — the mental models, systems, mistakes, and tradeoffs that shape durable success over time.
Through solo reflections and deep conversations, The Long Game gives listeners proximity to real operators and the clarity that comes from understanding how the best actually think, judge risk, and execute.
If you’re an ambitious builder who wants to learn from real experiences — not shortcuts or hype — this is an invitation inside.
Welcome to The Long Game.
The Long Game by Ryan Richards
Ep. #66 | Capital Expenditures: Planning for Unexpected (And Expected) Repairs
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If you own rental properties long enough, it's not a matter of if something breaks - it's when.
In this solo episode of the Real Estate Lens, multi-family investor Ryan Richards breaks down the reality of repairs, maintenance, and capital expenditures that come along with rental property ownership.
Ryan shares what he is dealing with right now across his own portfolio in early December 2025, including replacing a six-unit boiler system, and explains how better underwriting, early planning, and simple systems can save you time, money, and stress.
What you’ll learn:
- How to spot major repair risks during your initial property walkthrough
- Why getting contractor quotes and building your repair plan early gives you leverage and better outcomes
- How to budget for capital expenditures without killing cash flow
- Simple systems that reduce emergency calls and unnecessary maintenance costs
If you want to protect your cash flow and stop reacting to every surprise repair, this episode will help you take control and manage your properties more proactively.
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