How He became a Millionaire in Real Estate by 24
Wealthy Way
Ryan Pineda
4.9 • 2.2K Ratings
🗓️ 9 May 2026
⏱️ 104 minutes
🧾️ Download transcript
Summary
Ryan Pineda and cohost Brian Davila sit down with former employee Ray Rodriguez to break down how he became a millionaire in his early 20s through wholesaling real estate, scaling an MLS-based investing business, and navigating the mindset shifts around money, entrepreneurship, fulfillment, and wealth building.
Connect with Ray -
https://www.instagram.com/rayrrodriguez_/
https://www.instagram.com/monumentalestates/
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If you want to start your real estate investing business, we'll give you 1:1 coaching, seller leads, software, & everything you need. https://www.wealthyinvestor.com
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Join our private mastermind for elite business leaders who golf. https://www.mastermind19.com
Join free Bible studies and workshops for Christian business leaders. https://www.tentmakers.us
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CHAPTERS:
00:00 - Ray’s Millionaire Journey
02:38 - Discovering Real Estate Investing
06:02 - Getting Hired By Ryan
11:23 - Nine Months No Deals
18:35 - First Real Estate Payday
22:43 - Leaving To Go Solo
26:56 - MLS Strategy Explained
30:23 - Subject-To & Rental Debate
34:43 - Buying Businesses vs Wholesaling
47:23 - Paying $100K For Hormozi
53:02 - Why Wholesaling Caps Out
01:06:00 - Underground Poker Tournament Story
01:14:11 - Wealth, Lifestyle & Fulfillment
01:21:50 - Buying A Million-Dollar Home
01:36:31 - The Path To $100M
01:40:07 - Keep Or Sell Rentals
01:43:08 - Ray’s Wealthy Investor Advice
Transcript
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| 0:00.0 | Today we got a special episode. I have got my former employee who became a millionaire at just 24 years old through real estate investing. And we're going to talk about his journey, how it happened. I've got Ray Rodriguez. What's up, bro? What's up, man? Appreciate you having me. |
| 0:15.0 | It's crazy because you start working here at 20 years old. Now you're 26. Yeah. And it's like, I still think of you as like a little kid. |
| 0:22.7 | But you're a grown man. Yeah, I guess so. I still think of myself as a little kid, so it's all good. |
| 0:27.4 | There we go. And then we got the bald co-host here. You know, Brian DeVilla used to be the most success |
| 0:32.6 | story ever, but I think Ray is. Ray's beating me out now. Yeah, you, he's 10 years younger than me, bro, and he's a billionaire. |
| 0:38.5 | I know. |
| 0:39.0 | Crazy. |
| 0:39.5 | I know. |
| 0:40.1 | When I was 24, bro, I was still doing drugs. Just for context. I didn't even start real estate until I was 25. I mean, I didn't start flipping until I was 25 either. Damn. So something I tell people because people tell me all the time like, oh, wow, it's like blah blah blah like what you did at a young age and um you know I always like say |
| 0:58.3 | thank you and whatnot but I really don't think the age is what's like impressive in my opinion |
| 1:02.9 | I think what's impressive is um how and how fast some people go from like zero to whatever |
| 1:09.4 | level they get to so you're saying you were still doing drugs at 24, whatever. Okay, cool. You might not have had like the exposure or the privilege to be exposed to like what I was exposed to at a young age. But once you did get exposed to that and you got off the drugs and whatnot, you became a millionaire pretty quickly. So I don't think it's fair. You know, someone might be watching this and they're like 50 and they've been working a blue color job forever and maybe they just never had a shot to get into this business. And then they watch a podcast from you or from you or whatever. And then they take action and boom, three years later, they're a millionaire. I think that's arguably more impressive. So that's just my two cents for, uh, you know, on what you guys are saying there. I think the average is four years. That's what I heard. Like you could become a millionaire in four years in real estate if you really just go hard. If you really go hard. Did you come up with that stat? No, I was actually Steve Trang. I remember I used to walk in back. For sure. Steve pulled that out of nowhere. |
| 2:04.6 | Well, that's what I saw. That's what happened with me. And that's a lot of people that did happen with me too. |
| 2:09.0 | Exactly. So it has to be true. Two people, three people. Yeah. It's just true. It's a fact. Yeah. I'd say like the big players, or like, I put big players in quotes. |
| 2:35.7 | I've seen a lot of those people that end up really dominating. Yeah, they become a millionaire in like three to five years. But I do think the average person who does real estate like never even makes more than like 100 grand a year. Yeah, yeah, it never happens. Yeah. So for those who don't know, let's go into your story, right? |
| 2:37.3 | How did this all come about? |
| 2:35.4 | Yes. year. Yeah, yeah, it never happens. Yeah. So for those who don't know, let's go into your story, right? How did this all come about? Yeah, so I was in college. I was cutting hair and |
| 2:41.8 | flipping sneakers, painting sneakers, just outside of my apartment. And my fiance, well, |
| 2:48.5 | then girlfriend, she sent me this TikTok by another Asian guy, not you, |
| 2:52.8 | but Kong talking about how you can make 10 grand a month doing this thing called like |
| 2:58.1 | wholesaling real estate. You don't need money. So I check that box. You don't need a degree. I check |
| 3:02.8 | that box too. You don't need a license. So I checked that box as well. And I was like, okay, I don't have any of |
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