Master the Market with these Proven Strategies

Wealthy Way

Ryan Pineda

Business, Entrepreneurship

4.8 • 2.1K Ratings

🗓️ 12 August 2024

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

Step up your real estate game with these tried-and-true strategies for growth and success.---Secure your spot at the #1 conference for real estate, entrepreneurship, and social media here - https://www.wealthcon.org/Feeling lost as an entrepreneur or real estate investor? Get access to our community, coaching, courses, and events at Wealthy University https://wealthyuniversity.com/If you want to level up, text me at 725-444-5244! ---About Ryan Pineda: Ryan Pineda has been in the real estate i...

Transcript

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0:00.0	I believe you need to first build up your cash.
0:04.0	If you don't have cash and money in the bank,
0:06.0	it's already going to eliminate basically every strategy.
0:09.0	Okay, because here's why.
0:10.0	So many people want to buy rental properties right off the bat and they're broke
0:14.1	they're like well I heard you could buy real estate without any money I want to own
0:17.4	rentals I want passive income typically what I have found is that lazy
0:22.0	people are broke and so lazy people are attracted to passive income and
0:26.8	so they think that by buying rental properties they can continue to be lazy and build wealth.
0:31.6	Wrong. I've yet to find any broke lazy person that lazy and build wealth. Wrong!
0:32.6	I've yet to find any broke, lazy person that just buys rental properties and gets wealthy.
0:37.2	It does not happen.
0:38.5	So really, step one is all about just building up your cash.
0:42.5	The only way you're going to build up cash
0:44.6	is by either flipping or wholesaling.
0:46.0	That's what it comes down to.
0:47.4	You are not going to buy rental properties right away.
0:49.7	So that already is going to determine
0:52.4	your exit strategy just from the jump.
0:54.4	And let me just add this too.
0:56.2	You don't even want to buy rental properties if you're broke because you're one repair
1:01.4	away from being toast. You're one vacancy away from being toast.
	...

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