How to Choose the Correct Housing Market for You
Wealthy Way
Ryan Pineda
4.9 • 2.2K Ratings
🗓️ 16 June 2024
⏱️ 9 minutes
🧾️ Download transcript
Summary
Discover the key factors to consider when selecting the ideal housing market that aligns with your goals.
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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 | The first thing we're going to be going over is how to pick a market because this is always the question I get from people starting out. |
| 0:06.5 | Like, dude, what what markets should I pick? You know, do I go for cash flow appreciation? We'll cover all of that. |
| 0:11.5 | The second thing we're going to talk about is how to find deals. |
| 0:14.8 | Where exactly are all the deals? They're going to be much different than you probably think. |
| 0:19.7 | You don't have to actually find your own deals. I'm going to go over how other people can find |
| 0:23.1 | the deals for you. The third topic we'll go over is financing. So how do we go and |
| 0:27.5 | buy these properties with no money? What are the options? Well, there's a lot of |
| 0:31.3 | different ways to do financing these days. |
| 0:33.8 | The fourth thing we're going to go over are rental strategies. |
| 0:36.8 | So what exactly are we going to do with the property? |
| 0:39.2 | Should we do long-term rents, midterm, short-term, air-b&B, we're going to go over all of the strategies. |
| 0:44.6 | And then lastly, we'll jump into taxes. |
| 0:47.5 | How does buying rental properties save you on taxes so you can potentially make a boatload of money and |
| 0:52.3 | pay zero in taxes. |
| 0:54.3 | I am the recipient of this. I've been able to significantly cut my tax bill because of |
| 0:59.2 | buying rental properties with the framework I'm going to show you. And look, it doesn't matter if you're trying to get that first deal |
| 1:04.5 | or you're somebody who's trying to scale. |
| 1:06.1 | This is going to help you out. |
| 1:07.7 | All right, so first thing, let's talk about the market. |
| 1:10.6 | How do you choose which market you should go into? Well right now I see so many people who are like Ryan I'm in California or I'm in Las Vegas or I'm in New York or somewhere really expensive and they're like you can't afford |
| 1:24.4 | anything you can't buy a rental here and quite frankly that's just not true all |
| 1:28.8 | right you could buy a rental property anywhere you just got to make sure the numbers add up your rental |
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