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Wealthy Way

Every Problem I’ve Encountered in My 15 Years of Real Estate

Wealthy Way

Ryan Pineda

Business, Entrepreneurship

4.82.1K Ratings

🗓️ 11 July 2024

⏱️ 70 minutes

🧾️ Download transcript

Summary

Join me as we dive into my journey of real estate investing. From humble beginnings to doing over $100M in deals.In this video, I share:- **My Early Days:** How baseball dreams led to a career in real estate.- **Initial Struggles:** Navigating the 2010 housing market and learning from failures.- **Breakthrough Moments:** From flipping couches to earning $2M in a year!- **God's Guidance:** The pivotal moments of faith that redirected my path.- **Mentorship and Growth:** The immense value of ha...

Transcript

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0:00.0

My mom actually was a real estate started, I mean ever since I was a kid, my mom actually was a realtor,

0:05.6

she's been a realtor for over 30 years now, and real estate was like always a part of our family's life,

0:11.1

but to be honest with you it's not like I

0:13.3

studied it or wanted to do it I was just always dead set on playing baseball and you

0:18.8

know my mom didn't try to push me in a real estate in fact she always told me to get a safe job because she didn't like that, you know,

0:26.6

she was only as good as her next commission.

0:29.1

You know, she always told me, Ryan, you should really just get a degree and go work for the government and, you know, if baseball doesn't work out, get something safe.

0:36.5

That was always her advice.

0:37.5

And so she definitely didn't want me to be a realtor or any of these things.

0:41.0

Well, long story short, I ended up getting drafted by the

0:45.9

Oakland A's in 2010. So I was, you know, living out my dream and my goal of being a

0:51.0

professional baseball player, but I knew that as a professional I was only

0:54.1

gonna make 1200 bucks a month while I was playing and you know that came out to seven thousand

0:59.3

dollars a year because we only played for half the year and so I'm'm like, well, you know, I'm 21 years old,

1:04.6

I ain't gonna live off $7,000 a year,

1:06.8

so I gotta go get some kind of income.

1:10.2

And so that's why I ended up getting into real estate in 2010 as well,

1:13.6

because I got my real estate license thinking that, oh, well, you know, I can just go make

1:18.6

commissions in the off season and if I make enough commissions that should fund my lifestyle for the entire year and I had watched my mom sell houses growing up so I'm like you know whatever it can't be that hard

1:29.2

Well in 2010 what I didn't realize was how difficult it was to be a real estate agent at that time.

1:37.2

In fact, I would argue it was the most difficult time in the history of real estate.

1:41.9

Seriously, I mean, if you look at the last couple of years

...

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