How to Build Generational Wealth In 5 Years (2024 Update)

Wealthy Way

Ryan Pineda

Business, Entrepreneurship

4.8 • 2.1K Ratings

🗓️ 9 April 2024

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

Ready to dive into the world of building legacy wealth through real estate investing?

First up, we'll tackle the big question: should you go all-in as a full-time investor or go part-time? We'll weigh the pros and cons so you can make the smartest move for your goals.

Then, we're getting into the nitty-gritty of finding those deals. You'll learn the basics of finding opportunities and, more importantly, how to spot a winner from a dud. Trust us, there's more to it than just location!

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If you want to level up, text me at 725-444-5244!

Get access to our community, coaching, courses, and events at Wealthy University https://wealthyuniversity.com/

Secure your spot at the #1 conference for real estate, entrepreneurship, and social media here - https://www.wealthcon.org/
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Transcript

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0:00.0	What's up, wealth letters, welcome back to another master class.
0:02.1	Today I'm going to show you how you can build legacy wealth in just five years
0:06.2	through real estate investing. We're talking about the kind of wealth that not only takes
0:09.7	care of you, but also your loved ones, your parents, how you can make an impact in your community around you.
0:14.8	We're talking about that kind of wealth all right?
0:17.0	Now I don't care if you are going to go into real estate part-time and you want to work
0:20.7	your full-time gig and you know kind of build wealth here on the side or
0:23.7	whether you're going to go into real estate full-time both can work you can build
0:27.6	legacy wealth in both scenarios so we're going to go over those two different scenarios
0:32.0	and how it looks for each of them so let's jump into it now if you're going to go over those two different scenarios and how it looks for each of them.
0:33.4	So let's jump into it.
0:34.4	Now if you're new to my channel, I have no idea who I am.
0:36.0	My name is Ryan Paneda.
0:37.0	I'm a real estate investor, entrepreneur.
0:38.8	I've started in multiple seven and eight figure businesses.
0:40.8	I have flipped over 700 homes. We own over 600
0:44.1	rental properties. So I've done a lot in the business and the real estate space.
0:47.5	But to give you just some context to what I'm going to share with you about
0:50.7	legacy wealth, I'm going to talk about my story for two
0:53.2	minutes just to give you an idea of what is possible. So for me, my real estate
0:58.1	investing journey started in 2015. At the time, I was a professional baseball player in minor leagues and I was making
1:05.6	1200 bucks a month. I was not making very much money and so I needed to figure out how to subsidize
	...

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