Ritter on Real Estate Creating Generational Wealth Through Real Estate
After growing up struggling financially, Ralph DiBugnara knew he wanted more for himself and he didn't want generational poverty to be his future. Today he is a successful serial entrepreneur and real estate expert. He is now the president of Home Qualified, a digital resource for buyers and sellers, and vice president at Cardinal Financial, a nationally recognized mortgage loan company. Ralph also hosts a series called The Real Estate Disruptors where he interviews guests on investing, property guidance, and advice. In today’s episode, he joins us to talk about how he is helping the next generation of aspiring real estate investors through a scholarship he created called The Generational Disruptors Scholarship Program. With 20 years of experience in mortgages and real estate, he shares why he believes this is a great time to get into real estate investment, why it’s not the best time to be flipping properties, and his thoughts on the short-term rental market. In addition to these investment tips, you’ll also find out how building his own brand on social media helped him grow his business and how to overcome the trap of being comfortable that prevents you from growing. For all this and more, tune in today!
Key Points From This Episode:
- An introduction to Ralph DiBugnara and his career in real estate.
- Ralph’s goal of making a generational change and how real estate helped him achieve that.
- How Ralph is trying to help the next generation not make the same mistakes he did through a scholarship he created.
- How building his own brand on social media has helped him grow his business.
- How he changed his mindset to put himself out there on social media.
- The trap of being comfortable and how it prevents you from growing.
- What he’s doing right now in real estate and where he sees the market heading.
- Ralph’s tips for anybody wanting to get started as a real estate investor based on his own successes and failures.
- Insight into his current strategy in terms of his ROI and exit plan.
- The importance of patience and the opportunities Ralph foresees for the coming years.
- The one question that Ralph would want to ask someone he's investing with: What's the long-term exit strategy?
- What he’s most proud of in his career: the young people he is mentoring.
- A book that Ralph recommends: Relentless by Tim Grover.
- Why Ralph’s number one key to success is making yourself uncomfortable so you grow.
- A practical tip to help you step out of your comfort zone.
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Production by Outlier Audio