The Hardest Part is Getting the Deal
Wealthy Way
Ryan Pineda
4.9 • 2.2K Ratings
🗓️ 5 January 2025
⏱️ 13 minutes
🧾️ Download transcript
Summary
Unlock the potential of real estate wholesaling by finding discounted properties and connecting them with eager buyers, you can earn profits without ever owning the home.
Learn how to invest in real estate with the Cashflow 2.0 System! Your business in a box with 1:1 coaching, motivated seller leads, & softwares. https://www.wealthyinvestor.com/
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Join our FREE community, weekly calls, and bible studies for Christian entrepreneurs and business people. https://tentmakers.us/
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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 | the hardest thing to do for most people is get a deal, right? Once you have a deal, you have the gold. |
| 0:04.9 | Yeah. Right. Wholesalers are now able to sell their deals for more because less people have |
| 0:09.0 | deals. They're able to do innovations, everything. So in my mind, wholesaling has now become the thing |
| 0:15.1 | that is where like, man, everyone should really focus on because the tide has favored them. So, I mean, like just breaking this down, it sounds like, man, everyone should really focus on because the tide has favored them. |
| 0:22.7 | So, I mean, like just breaking this down, it sounds like just over time, like the, |
| 0:26.8 | there's always inefficiencies in the market. |
| 0:28.5 | Yeah. |
| 0:28.8 | And so as a flipper back in the day, you're taking advantage. |
| 0:31.5 | Let's say there's the inefficiency in the auctions because people weren't aware of the auctions. |
| 0:35.1 | Someone had cash. |
| 0:35.8 | You can buy them in a big discount. So there was a huge inefficiency where you could take advantage. |
| 0:39.3 | Yep. |
| 0:39.6 | Then let's say there was inefficiency and cold calling and texting because no one was getting |
| 0:42.8 | text. |
| 0:43.2 | Now I get like texts every single day to try people trying to buy my houses, right? |
| 0:46.0 | But then back in the day, there was not a lot of people doing it. |
| 0:48.2 | So then you were taking advantage of an inefficiency and then you're like crushing on, like texting cold calling. Now, in today's market, flipping is a lot harder because it's hard to find deals. |
| 0:59.4 | But then if you're using a strategy, let's say like on Facebook, your marketing costs, |
| 1:03.1 | direct-to-sellor can be a lot cheaper because not a lot of guys are doing it right now or at a high level. |
| 1:07.9 | And they don't know how. And then on the wholesaling side is actually like |
| 1:11.6 | now you have the tools to sell things for a lot more than you would back in the day. So you're |
| 1:15.5 | taking advantage of another inefficiency that you're solving to make more profit margin on the |
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