Sep 20, 2021
Ryan Pineda has been in the real estate industry since 2010. He began his career as Realtor and soon realized that wasn’t the path he wanted to continue on. In 2015 with only $10,000 in the bank, he began flipping houses. Since then he has flipped hundreds of homes and taught many others how to do the same. In 2018 he released his first book, Flip Your Future, which was a best seller on Amazon.
In this episode, Brad and Ryan discuss the fundamentals of being in real estate, what it takes to flip a house and make money, as well as how to make a lot of money in this industry!
00:00 Intro
02:30 Ryan’s story
04:49 Shout out to Bigger Pockets Podcast
06:31 Go to https://www.futureflipper.com to learn how to do what Ryan is doing
10:30 The questions that are asked in this business
12:21 Pineda Capital
14:55 Accredited only
17:24 Apply to https://www.pinedacapital.com
17:44 Ryan’s book: Flip Your Future
18:41 “There are three ways to find deals…”
22:32 “What are properties going for PER door?”
23:00 Live interaction about what a good deal is with Brad and Ryan
27:29 Pitfalls someone can encounter
34:00 “Don’t try to reinvent the wheel.” - Ryan Pineda
35:42 “You ain’t a professional and you don’t know how to negotiate, don’t do a ‘for sale by owner.’” - Ryan Pineda
36:20 What to do when you are comping a property
40:10 “The hardest part of being a flipper is finding the deal.” - Ryan Pineda
46:08 “I didn’t make money 10 years ago.” - Ryan Pineda
46:20 Bomb 1: “There is no excuse why you should not be making a lot of money since all of the information is on the internet.” - Ryan Pineda
46:47 Shoot Ryan a DM @ryanpinedashow and check out his content on YouTube!
47:27 Hit Brad Lea up for houses you think are a good deal for him!