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Wealthy Way

How Spencer Cornelia Lost $60K Flipping Houses And Recovered | Ep. 016

Wealthy Way

Ryan Pineda

Entrepreneurship, Business

4.92.2K Ratings

🗓️ 11 March 2021

⏱️ 63 minutes

🧾️ Download transcript

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Subscribe to Spencer Cornelia!
https://youtube.com/c/SpencerCornelia

Video Mentioned:
Giannis Antetokounmpo Should Invest In This...
https://youtu.be/poQhyYVY1Mc

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Download my book, RAISE+ Planner, real estate contracts, and newsletter for FREE. Also check out all my courses and programs. https://ryanpineda.com

Go Subscribe to my main channel "Ryan Pineda". https://www.youtube.com/c/ryanpineda

Text Me: 1-702-297-6328
I communicate directly with you! Exclusive content and giveaways.

Join one of my coaching programs! Apply at https://futureflipper.com

Want to get the best off market real estate deals? Use BatchLeads for your marketing!
Promo Code: HOMERUN for half off your first month. https://bit.ly/2E3LbtY

Need Tax and Accounting help? Contact my CPA Firm! https://TrueBooksCPA.com/

Are you a Realtor in Las Vegas, NV? Join my Brokerage! https://ForeverHomeLV.com/

Follow me on Social Media: 
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Spencer details exactly how he bought his first investment property in Las Vegas, Nevada. His first investment was actually a four-plex! Spencer also details how he lost $60K+ on his first two flips, but was able to bounce back from them. 

Spencer details how and why he started a series exposing gurus and how that helped him grow his channel. After that, we talked about social media and why it isn’t always what it seems like it is. 

Spencer and I talk about how everyone is on a different timeline. Most people act surprised when I tell them that I was 27 when I made my first $100,000 in a year! To some people, that is older than they expected, to others, that is incredibly impressive. Everyone is on a different timeline, so do not compare your success to others.

Learn how to invest in real estate with the Cashflow 2.0 System! Your business in a box with 1:1 coaching, motivated seller leads, & softwares. https://www.wealthyinvestor.com/

Want to work 1:1 with Ryan Pineda? Apply at ryanpineda.com

Join our FREE community, weekly calls, and bible studies for Christian entrepreneurs and business people. https://tentmakers.us/

Want to grow your business and network with elite entrepreneurs on world-class golf courses? Apply now to join Mastermind19 – Ryan Pineda’s private golf mastermind for high-level founders and dealmakers. www.mastermind19.com
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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

Welcome to the Ryan Pineda Show.

0:03.6

Where our mission is to invest.

0:05.2

I only expect to make money and things that I understand.

0:08.6

Innovate.

0:09.2

It's about believing in the future and thinking that the future will be rather than the past.

0:12.8

An inspire.

0:13.9

I am much more likely to hit my goal just due to putting it out there.

0:19.2

Now, I'm rocking with the best.

0:22.4

What's going on everybody?

0:23.3

Welcome to the Ryan Pineda Show.

0:24.8

Today we have a very special guest who is a good friend of mine from Las Vegas.

0:29.9

I've seen him go from many facets of life of real estate investing to I just found out we

0:36.5

may have been co-workers when I was playing for the Oakland A's.

0:39.4

And now he spends his time on YouTube exposing the gurus.

0:43.5

So I've got my good friend Spencer Cornelia here for the podcast man.

0:48.4

Thanks for coming.

0:49.2

This is awesome.

0:49.8

Las Vegas represent.

0:51.1

Yeah, that's what's up man.

0:52.4

So I kind of gave a brief intro.

0:54.4

But why don't you tell us a little bit about your story man?

0:56.7

Sure.

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