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Wealthy Way

It All Starts with Acquisitions

Wealthy Way

Ryan Pineda

Business, Entrepreneurship

4.92.2K Ratings

🗓️ 26 December 2023

⏱️ 10 minutes

🧾️ Download transcript

Summary

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What are your acquisitions?
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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

just watching you obviously from afar and we've talked and we've met at just different events and stuff but

0:06.6

I remember one time asking you we might have been in Santa and Tony. I was like

0:11.1

how the heck do you manage closing just deals everywhere right

0:16.0

because like flipping everywhere ain't gonna work that's a recipe for disaster

0:20.4

but I'm like all right wholesaling though is tough because you need, like, locking up the

0:26.5

deal is easy. Not, I don't want to say easy, but like it's the easier portion. I'm like, the hard part becomes

0:31.7

Dispo. Like you got to build a buyer's listen all these places and like in Vegas we get a deal I already know who's gonna buy it.

0:38.0

Yeah, like it just is what it is. I'm like to do that in all these weird towns and all that stuff seems like an absolute unscalable nightmare.

0:46.6

And then when investor lift came around I was like, okay, that can solve this problem with this model.

0:55.0

Yep.

0:56.0

And it does.

0:58.0

And I was like, okay, like now we're talking.

1:00.8

This is a scalable thing now because I have the students

1:03.6

and the resources to get the leads I have the team to close the deals and now I

1:08.1

have a way to get rid of the deals. Step one of what I told you guys today is soon as you're on the

1:15.1

phone with the lead. Yeah, you're taking that address, you're dropping it into

1:18.8

your comping software. Yep. And you're dropping it into investor lift.

1:22.6

I use investor lift just as much for acquisitions as I do as for dispositions.

1:27.6

Because my thing is, is do I have buyers?

1:30.6

Yeah.

1:31.6

When we're talking about nationwide, there's so many times where I get a lead.

1:36.3

We just sold a deal on Hamilton, Alabama.

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