Wealthy Way

My Best Flip Was a Failed Flip: Why Rentals Are Piggy Banks, Not Paychecks

7 snips
Jan 28, 2026
Brian Davila, real estate investor and Ryan Pineda collaborator, shares practical perspectives on wholesaling, rentals, and deal-structuring. Listen to stories about a failed flip that became a high-appreciation rental. Hear why rentals act like long-term piggy banks, why passive income is often a myth, and why wholesaling can be the lowest-risk path to real cash.
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ANECDOTE

Failed Flip Turned Big Win

  • Ryan Pineda bought a 4,000 sq ft Summerlin house for $525k and spent over $100k renovating it.
  • It didn't sell, he held it for years, broke even on cashflow, then sold later for ~ $1.2M due to appreciation.
INSIGHT

Rentals Are Piggy Banks, Not Paychecks

  • Ryan Pineda calls rentals 'piggy banks' because their primary return is appreciation, not monthly cashflow.
  • He warns owners to expect repairs and not rely on rentals for passive income.
ADVICE

Wholesale To Avoid Holding Risk

  • Wholesaling means locking a contract and selling it to a buyer so you never buy or rehab the house.
  • Do wholesale deals to avoid construction, debt, market risk, and long hold headaches.
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