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Wealthy Way

Top Real Estate Myths of 2024

Wealthy Way

Ryan Pineda

Business, Entrepreneurship

4.92.2K Ratings

🗓️ 16 January 2024

⏱️ 10 minutes

🧾️ Download transcript

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Don't believe these myths...
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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

Before I show you exactly the step by step plan, there are some myths that we need to break because you probably are coming in this video with a lot of preconceived notions that just really aren't true.

0:11.6

And so I want to just knock those out of the park real quick and then show you how I plan

0:16.1

to dominate this year and how you can too. Okay? So, Miss, let's talk about

0:20.5

them. Number one, there's only one way to succeed.

0:26.5

That's just not true, guys.

0:28.2

Look, I saw a meme the other day.

0:30.0

It was on Instagram, and somebody wrote this little note

0:33.4

and they said, oh, Grand Cardone says,

0:36.3

don't buy any single family real estate.

0:38.9

Ryan Paneda says wholesale real estate only,

0:42.0

or flip real estate only. This other guy says only do

0:45.3

Airbnb. This other guy says only do multifamily, you know, and then basically the

0:50.0

conclusion was all these gurus are lying to you, you can't trust anyone, right? That was the conclusion and I was like well that's not really true you're kind of an idiot for making that's not really true you're kind of an idiot for making that statement out of it but I do like the graphic because it is true, like everybody's pushing a certain agenda for essentially what they believe today and how they're making money today, right?

1:16.9

The reality is there is no one way to succeed, all right? You could succeed in Airbnb. You could succeed in multifamily. You could succeed flipping.

1:20.8

You could succeed just buying a single a single family home you know every year

1:24.3

there's lots of ways to succeed the question that you have to ask yourself is

1:28.6

which situation my in and which method is going to help me for my situation.

1:35.0

And I'm going to dive deep into that so you're going to know exactly in this video

1:39.0

what situation you're in and how to play it, but to give you like a preview right if you're a

1:44.7

W-2 person who's making no money you want to quit your job well you need to make some

1:48.6

active income okay you're not going to make active income buying rental

1:51.6

properties right now you can't even

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