SHOCKING: His First Real Estate Deal Netted $50,000 PROFIT?! | Rob Rowsell

Wealthy Way

Ryan Pineda

Business, Entrepreneurship

4.8 • 2.1K Ratings

🗓️ 4 June 2025

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

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Summary

From homeless and addicted to owning over $100 million in real estate. In this episode, Ryan Pineda sits down with Rob Rosell, a former auto shop owner turned real estate mogul and passionate follower of Christ. Rob shares how he made $50K on his first wholesale deal, scaled to 3,000 units, and sold his auto business for 8 figures, all while living off passive income and serving others. Get access to our real estate community, coaching, courses, and events at Wealthy University https://ww...

Transcript

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0:00.0	I've got someone who owns over $100 million worth of real estate.
0:02.9	3,000 doors.
0:05.9	What was the auto shop making at that time, would you guess?
0:08.6	The auto shop was doing about $2 million a year.
0:12.1	You're like, all right, we need to start putting this into real estate.
0:14.4	Like, when did you get your first building?
0:15.7	My first deal was a wholesale deal.
0:17.2	Okay, I didn't know that.
0:18.1	It was.
0:18.6	What did you make on that deal? Locked it up under contract. 50 grand. You made 50 grand on your first wholesale deal?
0:24.2	Got Rob Rosell. What's up? How you doing? Great to be here, man. Yeah, dude. So,
0:28.8	you've got a lot of real estate, you know, and you own, you know, some yourself, your syndicator, you've got JVs, you've got a whole bunch going on. But I think your story's fascinating because you just started as just like a normal everyday guy,
0:41.3	like auto shop guy.
0:42.7	Auto shop guy, that's right.
0:44.5	How long did you do that for?
0:46.0	You know, I bought my first store in 2000, so 20 years, 2004 to 2024.
0:52.8	Okay.
0:53.6	Well, how long were you in the auto space? I worked for somebody else for five years that
0:59.5	taught me how to run an ethical, honest auto repair shop, and that was the last job I ever had.
1:03.7	Okay. And then when did you get your first auto shop? First auto shop was 04.
1:07.6	04. Yeah. So you were doing that, making money.
1:12.1	And I mean, like, what was the evolution like?
	...

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