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Wealthy Way

How I Developed a Millionaire Mindset

Wealthy Way

Ryan Pineda

Business, Entrepreneurship

4.82.1K Ratings

🗓️ 12 August 2024

⏱️ 62 minutes

🧾️ Download transcript

Summary

In this video, we break down the pivotal moments that transformed my career, from leveraging hard money lenders to the power of social media in real estate investing. You'll hear my personal story, packed with actionable advice on flipping, wholesaling, and scaling your real estate business. Discover the hurdles I had to overcome, the failures that shaped me, and how I turned setbacks into setups for success. Learn how I scaled from 5 to 150 flips in just four years and how you can appl...

Transcript

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0:00.0

I had failed as a realtor.

0:01.2

Baseball was now in my mind over.

0:03.2

And I'm like literally, I have no idea what to do with my life.

0:06.8

It was not flipping houses that was the smartest thing I did.

0:09.3

It was social media.

0:10.7

So for anyone listening, trust me, it's a foundational piece, but

0:16.0

You know, you've done a lot of flipping and you teach that. I know you teach the flipping in the wholesaling which is a fantastic way you know if you're listening or watching and you need to make some some quick cash you know a lot of people progress from that into buying cash flowing real estate like you did.

0:33.2

That's literally my power.

0:34.2

Yeah, exactly.

0:34.9

You start with the flipping wholesaling, you build up some cash,

0:38.6

maybe you buy some smaller stuff, you buy a 10 unit, 20 unit,

0:41.4

whatever.

0:41.8

The first one was a 10 unit.

0:42.6

There you go, and then you go into the larger stuff.

0:45.0

So talk about some of the hurdles that you had to overcome when you, I mean you're a hustler, I mean you're very, very driven, but speak to the ones you know the people that are

0:55.1

listening or watching that maybe you're a little afraid of this and maybe

0:59.5

help them by talking about some of the overcoming any fear that you may have had or any hurdles that you had when you first got started.

1:06.0

Well, I'll tell you like I became a realtor in 2010 and I didn't do my first slip until 2015.

1:12.0

So you would think dude like you're a realtor. and I didn't do my first slip until 2015.

1:12.8

So you would think, dude, like you're a realtor,

1:15.0

you understand how to flip, but you don't.

1:17.8

So literally for five years, I wasted time.

...

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