Every Problem I’ve Encountered in My 15 Years of Real Estate
Jul 11, 2024
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Discover the speaker's journey from baseball dreams to $100M in real estate deals. Learn about overcoming struggles in the 2010 housing market, earning $2M in a year, and the importance of mentorship. Find out how to adapt to market shifts, leverage Facebook ads, and scale wholesaling for future success.
01:09:58
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Quick takeaways
Starting in real estate post-baseball, lessons from market challenges, faith's role in evolution.
Adapting to economic shifts, scaling through wholesaling, leveraging social media for growth.
Expanding real estate ventures, lessons on financial management, diversification strategies for success.
Deep dives
Transition from Baseball to Real Estate
The speaker's journey in real estate began unexpectedly, transitioning from a career in professional baseball due to financial constraints and the need for a stable income. Initially hesitant about real estate, the speaker's perspective changed after witnessing the challenges and rewards in the field.
Challenges in Real Estate in 2010
Starting in real estate in 2010 presented significant challenges due to the economic conditions at the time, specifically in Las Vegas where foreclosures dominated the market. The lack of listings, low commissions, and fierce competition made it a daunting environment for a rookie realtor, leading to unconventional methods like newspaper ads and buyer representation.
Business Growth and Market Strategies
As the speaker's real estate business expanded in subsequent years, lessons in financial management and strategic decisions became critical. Overcoming cash flow issues through wholesaling and creating a brokerage and a house flipping company marked a shift towards scalable and diversified real estate ventures. The speaker's faith and open-mindedness played key roles in overcoming challenges and evolving as a successful entrepreneur.
Real Estate Journey from 2017 to 2020
The podcast episode discusses the speaker's real estate journey from 2017 to 2020, highlighting key experiences with house flips, rentals, and Airbnb properties. In 2017, the speaker started buying rental properties in different states at low prices but faced challenges with these cheap homes not providing adequate returns due to repair costs surpassing property values. This experience led to a shift in focus towards acquiring properties in undervalued markets like Big Bear, California, where the speaker found success with Airbnb rentals. The episode outlines the initial struggles, successes, and lessons learned during this period.
Pivoting to Social Media and Education in 2020
In 2020, the speaker faced personal challenges with family health issues but also experienced significant growth in social media presence and educational initiatives. The onset of COVID-19 prompted a shift towards creating content on platforms like YouTube and TikTok, inspired by successful influencers in the real estate space. Leveraging social media, the speaker saw substantial growth in followers and engagement, leading to successful educational programs and coaching services. The year marked a transition towards focusing on social media influence and education, steering away from traditional real estate practices like flipping towards scalable wholesaling and innovative marketing strategies.
Join me as we dive into my journey of real estate investing. From humble beginnings to doing over $100M in deals.
In this video, I share:
- **My Early Days:** How baseball dreams led to a career in real estate. - **Initial Struggles:** Navigating the 2010 housing market and learning from failures. - **Breakthrough Moments:** From flipping couches to earning $2M in a year! - **God's Guidance:** The pivotal moments of faith that redirected my path. - **Mentorship and Growth:** The immense value of having mentors and building strong relationships. - **Market Shifts:** Adapting to economic changes and maintaining success in tough times. - **Future Plans:** Scaling wholesaling, leveraging Facebook ads, and continuing wealth building
--- If you want to level up, text me at 725-527-7783!
Join our FREE community, weekly calls, and bible studies for Christian entrepreneurs and business people. https://www.wealthykingdom.com/ --- ---
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 a...
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