Navigating the Retail Buyers Program
Wealthy Way
Ryan Pineda
4.9 • 2.2K Ratings
🗓️ 27 September 2024
⏱️ 13 minutes
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Summary
Get the insights you need to navigate the Retail Buyers Program and unlock new opportunities for growth and success.
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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 | What is RVV? So retail buyer program basically allowing us to wholesale to retail buyers. |
| 0:05.0 | FHA, VA, USDA loans, very similar to like a novation. |
| 0:10.0 | But that's really what saved our company from just doing stuff for cash buyers. Yeah. That's that's really I think |
| 0:16.8 | The next level and then of course you know we're doing a lot with takedown funding. Yeah, so I've been telling that to people, especially our students and |
| 0:24.3 | everything for the last man, three, four months and I'm like guys if you're not |
| 0:28.8 | doing innovations, you are just I don't know how you're gonna stay in |
| 0:32.1 | business. |
| 0:33.2 | It's true and it also gives you the edge. |
| 0:35.4 | Yeah. Because now you as a wholesaler don't have to buy stuff at 50, 40, 50, 60 cents |
| 0:40.1 | on a dollar depending on where you are. |
| 0:41.6 | You're national right? |
| 0:43.3 | Yeah I mean we do national but I would say half maybe a little more than half is in |
| 0:48.3 | Vegas. Okay so 50% in Vegas yeah so we do about 25% in Oklahoma, where we used to be 100% in Oklahoma, right? |
| 0:55.4 | Now we closed in over 35 different states. But mostly, we do most of our deals through 15 different |
| 1:01.9 | states. That's a lot 15 different states. |
| 1:03.0 | That's a lot of different states. |
| 1:04.0 | Yeah, it is. |
| 1:05.0 | Yeah, we'll talk about your marketing and everything, but I'm just, I'm curious what led you to |
| 1:10.1 | the conclusion you had to do that and how it saved your company like what were you |
| 1:13.6 | seeing as the precursor that said hey I need to switch because right now I'm seeing |
| 1:19.2 | a lot of people like stuck yeah and they don't know why they're stuck and how to fix it. |
| 1:24.6 | When you're stuck, right? Like you can't just rely on the way that things used to work |
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