Wealthy Way

What ‪he‬ Learned from His WORST Year in Real Estate

10 snips
Nov 21, 2025
Joining the discussion is Ryan Pineda, a seasoned real estate investor and entrepreneur known for his extensive portfolio of flips and rentals. He candidly shares his harrowing tale of a disastrous year, including losing 40 properties to title theft and battling city permits that turned into costly fixes. From a disastrous 1031 exchange to partner betrayals, Ryan reveals the darker side of real estate investing. His personal struggles, including a heartbreaking breakup, compounded the chaos, but his resilience shines through this raw narrative.
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ANECDOTE

Mass Title Theft And Devastation

  • Ryan Pineda had about 40 Florida properties stolen via a legal-entity registration loophole and they were sold to other buyers.
  • When he recovered them they were trashed, turned into drug and prostitution houses, and he sold them to a hedge fund to prevent repeat thefts.
ANECDOTE

Agent Sabotage During A 1031 Exchange

  • During a pressured 1031 exchange Ryan's agent inserted unfavorable contract terms and mismanaged his STR listings, causing poor reviews and revenue collapse.
  • When Ryan tried to fire the manager he threatened a three-year lawsuit and his properties' performance plummeted.
ANECDOTE

Permitting Nightmares From STR Inspections

  • Cities inspected short-term rentals and found historic unpermitted work, forcing expensive fixes and red tags that made properties unsellable.
  • Ryan spent years and tens of thousands on architects and engineers while cities repeatedly kicked back permits and stalled progress.
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