HE OWNS 56 RENTALS! Meet Jose Luiz Morales | Ep. 026
Wealthy Way
Ryan Pineda
4.9 • 2.2K Ratings
🗓️ 13 April 2021
⏱️ 59 minutes
🧾️ Download transcript
Summary
Today we had Jose Luiz Morales on the show! Jose is a real estate investor in Ventura, California with 56 doors. Jose is also running a big realtor business where they do over a million dollars a year in commissions, and he talks about his goal of getting to a million dollars of passive income a year. This episode was jam packed with great conversations, it’s one you don’t want to miss!
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Jose talks about how being a business major actually helped him a lot in business! That is very different from my experience in business school! Jose talks about how he got into real estate and how he scaled up to where he is today.
Jose talks about his 56 doors and why he’s bought them. It’s not for the cash flow as many people might think. What Jose said might take you by surprise.
Jose talks about social media and his goals for content. After that, he details how he made $600,000 on a property! Jose also gives his advice for anyone looking to get into the real estate business.
Lastly, Jose talks about what his “why” is. His goal isn’t about a certain about of money or a number of rental doors he wants to
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About Ryan Pineda:
Ryan Pineda has been in the real estate industry since 2010 and has invested in over $100,000,000 of real estate. He has completed over 700 flips and wholesales, and he owns over 650 rental units. As an entrepreneur, he has founded seven different businesses that have generated 7-8 figures of revenue.
Ryan has amassed over 2 million followers on social media and has generated over 1 billion views online. Starting as a minor league baseball player making less than $2,000 a month, Ryan is now worth over $100 million. He shares his experiences in building wealth and believes that anyone can change their life with real estate investing.
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Transcript
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| 0:00.0 | today's episode we had Jose Luis Morales on he's an investor and realtor out of |
| 0:05.3 | Vince for a California and he's doing some really big things he's got over 56 |
| 0:10.2 | doors in California where it's really expensive on top of that he's running a big |
| 0:15.1 | realtor business where they're doing over a million dollars a year in |
| 0:17.7 | commissions for the past many years straight he's got a big three year vision |
| 0:22.7 | goal to have over a million dollars in passive income every year as well big |
| 0:26.9 | thinker just like me we had a really good time going over all of his goals and |
| 0:31.3 | some big plans he has for social media this year you're not gonna want to |
| 0:34.8 | miss it so make sure you tune in for the whole video now let's jump into it |
| 0:38.2 | welcome to the Ryan Pena to show |
| 0:42.8 | where our mission is to invest by only expect to make money and things that I |
| 0:46.8 | understand in a way it's about believing in the future and thinking that the |
| 0:50.2 | future will be rather than the past and inspire I am much more likely to hit my |
| 0:54.5 | goal just due to putting it out there now rocking with the best |
| 1:01.1 | what's going on everybody welcome to another episode of the Ryan Pena to show |
| 1:04.8 | today I have a really good friend and investor out of California he's a |
| 1:10.3 | realtor who is killing it he is doing a lot of big things and apartments on |
| 1:15.0 | the investing side and in fact he actually played baseball with one of my |
| 1:19.2 | former teammates in college which is cool we'll talk about that later but I |
| 1:23.0 | have the one and only Jose Luis Morales how you doing man doing good man did I |
| 1:28.6 | say it right because I feel like that was kind of like the American way to say |
| 1:32.4 | it yeah he said it is best is best as I can tell me the right way to say it |
... |
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