Millionaire Reacts To Newbie Buying His First Rental | Ep. 043
Wealthy Way
Ryan Pineda
4.9 • 2.2K Ratings
🗓️ 11 June 2021
⏱️ 24 minutes
🧾️ Download transcript
Summary
My cousin Josh just purchased his first rental property! If you’re thinking about buying your first rental property, you do not want to miss this video.
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In this video on buying a rental property, I talk about the 2 roads you can take when deciding to buy rental properties. The first way is to buy houses that you are looking to cash flow from. The second option is to buy houses that are going to have significant appreciation over time.
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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 | In today's episode, I'm my cousin Josh on and he just purchased his very first rental property. |
| 0:04.8 | I think this episode was amazing, especially if you're thinking about buying your first property. |
| 0:10.6 | There are some lessons to be learned from this episode about what he could have done better, |
| 0:14.4 | what he did well, you don't want to miss out so let's jump into the episode. |
| 0:19.3 | Welcome to the Ryan Penaedish Show. |
| 0:22.9 | Where our mission is to invest. |
| 0:24.4 | I only expect to make money and things that I understand. |
| 0:28.0 | It's about believing in the future and thinking that the future will be rather than the past. |
| 0:32.1 | I can inspire. |
| 0:33.2 | I am much more likely to hit my goal just due to putting it out there. |
| 0:41.8 | What's going on everybody? Welcome to another episode of the Ryan Penaedish Show. |
| 0:45.1 | Today I'm joined by my co-host Josh Sutton, aka my cousin from my mother's sister. |
| 0:51.4 | Yeah, that's exactly what I am. |
| 0:53.2 | You guys don't see the resemblance obviously. |
| 0:56.8 | It's right there. Similar hair. |
| 0:59.6 | How's your stylist going? |
| 1:03.7 | You told one of your very first episodes about how you have a lifetime haircut deal. |
| 1:07.8 | Yeah, she actually saw her this morning. |
| 1:11.0 | She squeezed me in for this. |
| 1:12.9 | She has a lifetime deal. |
| 1:16.0 | She can tell me no all the time. |
| 1:17.5 | Yeah, no, she was stoked about the last podcast because she listens to. |
... |
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