Rob Rosell, a former auto shop owner turned real estate mogul, shares his remarkable journey from homelessness and addiction to building a $100 million real estate empire. He recounts his first $50K wholesale deal and the valuable lessons learned in active income and investment strategies. Rob also discusses the challenges of securing insurance in disaster-prone areas and the importance of mentorship. His mission work in Mexico highlights the fulfillment of giving back, while he emphasizes the transformative power of faith and community in his life.
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$50K Profit First Deal
Rob Rosell made $50,000 profit on his first wholesale real estate deal in San Diego.
He initially flipped houses and wholesaled before holding rentals to build his portfolio.
insights INSIGHT
Importance of Return on Equity
Return on equity is a critical metric often overlooked by investors.
It drives decisions to sell or trade assets for better cash flow opportunities.
insights INSIGHT
Rental Concessions Explained
Concessions like move-in specials temporarily reduce rents to fill apartments fast.
This approach protects property value by backing to regular rents once units are filled.
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What the Rich Teach Their Kids about Money - That the Poor and the Middle Class Do Not
C.P.A. Sharon L. Lechter
Robert Kiyosaki
The book tells the story of Robert Kiyosaki's two fathers: his 'poor dad,' a highly educated but fiscally poor man, and his 'rich dad,' the father of his best friend who was a successful entrepreneur. It emphasizes the importance of financial education, distinguishing between assets and liabilities, and building wealth through investing in assets such as real estate and businesses. Kiyosaki argues that a good education and a secure job are not guarantees for financial success and provides practical lessons on how to make money work for you rather than working for money[1][3][5].
Alcoholics Anonymous
Bill Wilson
Written primarily by Bill Wilson, one of the founders of Alcoholics Anonymous, this book outlines the 12-step program for recovering from alcoholism. It includes personal stories of recovery, explanations of the steps, and chapters targeted at specific audiences such as agnostics, wives, and employers. The book emphasizes the importance of admitting powerlessness over alcohol, seeking help from a higher power, and community support. It has been highly influential and has sold over 37 million copies worldwide, making it one of the best-selling books of all time.
From homeless and addicted to owning over $100 million in real estate. In this episode, Ryan Pineda sits down with Rob Rosell, a former auto shop owner turned real estate mogul and passionate follower of Christ. Rob shares how he made $50K on his first wholesale deal, scaled to 3,000 units, and sold his auto business for 8 figures, all while living off passive income and serving others.
Join our FREE community, weekly calls, and bible studies for Christian entrepreneurs and business people. https://www.wealthykingdom.com/
If you want to level up, text me at 725-527-7783! ---
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 generat...
Wealthy Way 
