One day I plan on coming to wealth con. You give so much advice, changed my life i closed on my first flip in March made almost $80k. Thanks Ryan
@RyanPineda5 ай бұрын
I love it! I’m excited to meet you at WealthCon!
@DVMCellini5 ай бұрын
23:30 - I sold a duplex recently, made 200k and put it in VOO which is now up 5% in 2 months. I'm enjoying that decision way more than trying to meet up with roofers for my $500/month cashflow.
@dominicgerodano54814 ай бұрын
I started at 19 buying 2 houses per year on average. My real estate portfolio is worth $8 million and has positive cash flow of over $14,000./mo after 28 years. It's not the fast track but it's a slow steady way to wealth. I recommend investing in stocks and your own business as well. When your stocks are down, your business and real estate will be up for example. If your business is having a bad month, your real estate and stocks are probably doing well. It's a great way to diversify while building wealth to achieve financial freedom. I have partners on everything, this way I can take off a few months and i have multiple streams of Passive Income.
@ShxkeGFX3 ай бұрын
how much equity do you have in there?
@crazymanstanley5 ай бұрын
Watched the first 20 minutes, seemed like an interesting video at first then just became an ad where what he’s learned through doing all this work is that you need what he currently has for sale. Convenient!
@wishyouknew4874 ай бұрын
😂😂😂 yeah the 20% split was hilarious 😂 😃 😄
@hhstyuihggfv5 ай бұрын
Getting inspired by 'cash flow' songs, I purchased 27 units in the Midwest within three years, but now I'm hemorrhaging money every month, not even close to breaking even. Real estate isn't passive, and achieving positive cash flow takes five to ten years or even longer. Never leave your day job!!
@vonnyworld71835 ай бұрын
No never buy at market price 😂
@eliot52205 ай бұрын
@@hhstyuihggfv That’s very aggressive . You must need renovations and better management. I wonder what the price per door was?
5 ай бұрын
Real estate cash flows just fine when it’s not over leveraged.
@RyanPineda5 ай бұрын
Hard to BRRRR at 80% LTV in major markets.
@blackkemo15 ай бұрын
Exactly when you buy it right you can cashflow it!
@JasonJFlippingLife5 ай бұрын
@@RyanPineda I agree with you regarding cash flow up front but there is more nuances to markets beyond major markets and Midwest markets.
@eliot52205 ай бұрын
What a lot of beginners don’t understand about investing in real estate is that you don’t always go for trendy areas. If they are trendy you’re probably too late because greed will beat you. You invest in up and coming neighborhoods. You make the most money when you build something not when you jump on the bandwagon.
@LibaaxTopG4 ай бұрын
You are right but few ppls have liquidity to put properties in cash or put a big percentage down . It is easy to make a million if you have a million dollars already .
@RobertDisch24 күн бұрын
Love this video. So much value in this. I’m a newbie but everything you said seems pretty common sense but maybe it isn’t to a lot of people? I don’t think it makes sense to focus on rentals and cash flow, especially when starting out. $200-300 per month in cash flow (if you’re lucky) is not worth it and won’t take you very far right now. Not to mention it’s not passive at all like many say. I have friends who can attest to this. Stick with 1 niche makes so much sense. Get really good at 1 thing before branching out, don’t get shiny object syndrome. I think Real Estate is easier to get started than most people would say, I agree there. I like how you didn’t spend any money on marketing when starting out, I feel like that’s more of an advanced thing to worry about when you gain more experience and wealth. Is marketing only a big problem when you’re trying to scale vs just starting out? Or when does it become a big challenge in your opinion?
@allshoulders96245 ай бұрын
More units under one roof!
@joeatch25 ай бұрын
I love when people have never experienced a down market.... And they tell you not to worry about cash flow lol. You absolutely can buy positive cash flow properties. You just have to buy them when everyone else is freaking out and selling them and losing them because they bought the ones that don't cash flow.
@J.WinstonCPA4 ай бұрын
CPA here. You can have your convictions but long term real estate makes more money and pays less taxes. But you are really good at flipping so I would stick with it.
@KemetAmon27 күн бұрын
Ryan, this is Kendell from Miami, FL. Thanks so much for these valuable insights! You might've saved me 10 years of headaches. I love how your content gives realistic perspective on the game. Respect!
@randywhitaker65 ай бұрын
Great video! Thank you for the TRUTH about real estate cash flow, it does get better if one can hold it over time.
@RyanPineda5 ай бұрын
Glad you enjoyed!
@sondersrn80615 ай бұрын
That’s how my relative did it holding it for 35 years 🏠 🏠 🏠
@clh855 ай бұрын
Ya. Building a rental portfolio works if you have many doors per property or have time to let rental prices increase. Doesn't make sense for replacing income.
@jayc47155 ай бұрын
Does for me..but I buy cash deals
@chrisatlas23775 ай бұрын
Loved this video Ryan. Thank you for the free knowledge you put out on KZbin. Thank you for making this video and talking about the REALITY and sharing the TRUTH about the real estate game.
@Invest-oq9xh25 күн бұрын
Thank you, Ryan! Great content.
@clh855 ай бұрын
This video is gold
@benjaminhathaway3775 ай бұрын
All the Guru’s changing their tune real quick with the change in market. What were you preaching just a few years ago?
@ersindeger51553 ай бұрын
Isn't that what is supposed to be?😊 I would think that that is good.. We got a saying in Turkish; The only thing that won't change what it says is a broken wall clock
@yonmoore4 ай бұрын
Definitely agree on doing what makes sense to YOU. For me, flipping never made sense. So I always focused on cashflow, heavy value add, etc and now I'm semi retired after 20 years. Sure I could have done it sooner if I would have had the same focus and knowledge that I have now, but I've also enjoyed the hell out of those last 20 years.
@RohanMoolman4 ай бұрын
Finally someone who's making sense i could rate this 5⭐
@agentjacob40995 ай бұрын
For a piece of junk property, people in California are willing to pay close to $1 million. California is losing people and businesses, yet the cost of homes there hasn't decreased. Here, nothing makes sense.
@ms_christinejones5 ай бұрын
Yes, I completely agree! That's why, in August 2022, I paid 685k with a 4.375 interest rate to purchase my second property in San Diego. The property is currently worth $895k. I've already increased my ownership by over 30% in less than two years. There's no need for me to sell because I'm making over 90k in rental income from my two ADU studios, which pays my mortgage each month. Not to mention that I view my ridiculously low rate as a benefit.
@agentjacob40995 ай бұрын
I'm sorry for first-time homebuyers who could never afford to buy one in the first place. I have no sympathy for first-time homebuyers who could afford it but decided to hold off because they believed the market was collapsing and was now priced out.
@ms_christinejones5 ай бұрын
I don't panic because I have an excellent professional analyst in *Leah* *Foster* *Alderman* who helps me adopt an investor mindset and only purchases properties with strong cash flows in desirable neighborhoods.
@BaileyJames-zv2ddd5 ай бұрын
Excellent reviews I saw for her online, but it doesn't mean we can't voice our dissatisfaction with the socioeconomic state of the city, state, or nation in which we reside.
@ms_christinejones5 ай бұрын
Even if property prices will probably drop in the future, given the current state of affairs, diversifying investments by switching from real estate to financial markets or gold is encouraged. With the present mortgage rates and the status of the economy, this is a prudent move, especially considering the stricter mortgage requirements. It is recommended that individuals who require guidance get advice from a qualified and impartial financial consultant.
@Lucho-23105 ай бұрын
LOVE THIS KIND OF CONTENT RYAN ✅✅✅✅✅✅✅✅
@RyanPineda5 ай бұрын
I’ll make more!
@jrodtr5 ай бұрын
Great vid! I only have 2 single family rentals and everything you said up front is true: basically breaking even, but paying down the mortgages such that the units will be a part of my retirement plan. Cheers!
@Drew_Renner5 ай бұрын
Do more podcasts like this about flipping and wholesaling! I don’t wanna hear about all the other stuff
@chrisposch50282 ай бұрын
A lot of good advice on this video
@geoffreyguist50005 ай бұрын
thanks for sharing this amazing information about real estate. I'm interested in getting into real estate when I get my money right to get into a deal so the perspective and knowledge you shared is very helpful.
@edwinmachado79645 ай бұрын
Ain’t graduated high school… Brian hahaha love both your podcasts 😄 man I need to take action already 🥲
@williampineda18415 ай бұрын
Honest take. Thanks
@Tom-bb6jn4 ай бұрын
Cash is king . Pay cash for house . Less properties , less headaches, great cash flow, low closing cost, and when you know what you are doing you can put it in land trust and LLC and you don’t even need to insure it . All money from rents going to your pocket
@answir5 ай бұрын
Shout out to long term buy and hold investors who bought about 10 years ago and now have free and clear property with positive cash flow.
@pkkim93845 ай бұрын
Wow amazing to meet Christian real estate investors ! I want to meet you guys soon!
@KemetAmon27 күн бұрын
Ryan I see so many comments about renting is way better than flipping, and therefore some people are okay with skipping wholesaling and flipping and going straight to rentals. My question to you at what stage in one's real estate investment career should they start investing in cashflow properties?
@vonnyworld71835 ай бұрын
You always make money on the buy investors don’t pay retail we pay what works
@ZupoMobiles5 ай бұрын
Real estate cash flow with mobile home investing is solid!
@Mr.J2UMF5 ай бұрын
Concentrate on equity, and oh yeah, keep your job until you can't.
@DemandingRiches5 ай бұрын
If you have enough free and clear it definitely will cash flow even with repairs and vacancies
@JasonJFlippingLife5 ай бұрын
Very good advice overall. I can't disagree with any of your points because they're borne out of experience.
@fitlife8205 ай бұрын
So this is a sales funnel for his wholesaling course
@RyanPineda5 ай бұрын
All my content is a sales funnel for all my businesses. Whether we do business together or not, you’ll still get value.
@RafaelsFlix5 ай бұрын
Love ur channel but damn bro, lessen the ads.. I get it wealthcon.. and all ur other businesses..
@RafaelsFlix5 ай бұрын
Add time stamps
@JasonJFlippingLife5 ай бұрын
@@RyanPinedaDefinitely got value from this and considering your offer to use your marketing resources but 20% gave me pause.
@morejaredwilson5 ай бұрын
Yeah 20% is crazy land because he doesn’t pay for the ad spend, you do. This is like the IRS business model, you pay for everything and if and when you make money, you owe us a cut.
@marksoberay23185 ай бұрын
Midwest is incredible cash flow
@paulgarcia11474 ай бұрын
Pay off a house and then rent it. Make sure you save the maintenance, insurance and taxes first and the rest is profit/cash flow. Then you are not one vacancy away from foreclosure. It is a long term game and you have to have discipline.
@s.p.35754 ай бұрын
CORRECT. If you can rent in,you can get a cash flow. Not instantly but gradually, or you need at list 20- 30 % in. People want cash flow with 5% down.,😅. Play long,wait,and play save. Learn numbers, but remember there smarter people than you arround.😊
@aaronsinger40955 ай бұрын
Las vegas is unrealistic, cash flow is in the midwest and rural areas of america where you make 500-700$ cash flow WITH debt! And equity. Should do both but if you live in the high society areas like vegas and California then stick to flips
@livinginoklahomacityofficial5 ай бұрын
Where?? People come to me ALL the time expecting to find cash flowing deals in Oklahoma City. Sure, if you're knocking doors and under paying for properties, but those people have been getting harassed by wholesalers and "investors" to buy their houses DAILY for a decade AT LEAST. $500+ cash flow simply doesn't exist here, hell with the interest rates today you'd be lucky to get $100 cash flowing property. I honestly wish people like Ryan Pineda would stop fooling everyone into believing they're "investors".
@JasonBay-RealEstateInvesting5 ай бұрын
I live in the Bay Area of California and I get cash flowing deals.
@livinginoklahomacityofficial5 ай бұрын
@@JasonBay-RealEstateInvesting BRRR? Door knocking or cold calling? Not on MLS listed properties, correct?
@RyanPineda5 ай бұрын
This is exactly what I say in the video.
@aaronsinger40955 ай бұрын
@livinginoklahomacityofficial people from different areas of the country are buying up houses in illinois,Michigan, indiana,ohio,Kentucky etc where you can find 1400sqft 3 bedroom homes for 30-100k distressed fix up then worth 300k stick a commercial loan on it under leverage and get huge cash flow. Bigger investors buying assets like mobile home parks. But exactly bigger pockets has made people believe everywhere has these deals TRUTH IS there a rare location based occurrence
@carlo69125 ай бұрын
Sometimes i wonder if putting all my money into an index fund or money market account would be easier and just live off the Interest.
@realtorrasheeddubai4 ай бұрын
"Owning a home is a keystone of wealth, both financial affluence and emotional security." - Suze Orman
@jaimegranero90275 ай бұрын
Read ABC's of real estate series, you'll learn more of how it really works
@eduardogonzalez63645 ай бұрын
I agree with everything Ryan said!
@eliot52205 ай бұрын
I never understood why people call themselves investors and buy single families to rent out. That’s a terrible model. Houses are not designed as rentals. You buy apartments for cash flow not houses. The reason why is because the cost per unit is too high. You guys buying houses to rent is a poor model because they just cost too much and they don’t serve the larger market.
@Rshen115 ай бұрын
House for air bnb is okay.. but other then that.. apartments are way bettee
@eliot52205 ай бұрын
@@Rshen11 Right. An expensive house is risky. Seeing that it cost about $250,000 or more. If the tenant doesn’t pay the rent for just one month that could be several thousand. You can buy a 2- or 3-flat for the same amount or less and have less risk.
@Lucho-23105 ай бұрын
TOTALLY AGREE WITH YOU RYAN
@mrsoccergod50015 ай бұрын
If I look up upcoming foreclosures in my area. Would I be able to purchase the property from the owner instead of letting it go to foreclosure
@mikegans39935 ай бұрын
It’s nice to here someone say keep working and invest for long term gains. I’m 3 min in 😂
@brainharrington4 ай бұрын
“Then I have insurance idk what to tell you” 😂😂😂
@addieb8943Күн бұрын
I don't know I found on my rental property investment what i found is real estate is all about timing. I didn't buy rentals to get rich but to hedge againts inflation.
@creativefinanceplaybook5 ай бұрын
NOPE! Cash Flow is King 👑 If you bought property between 2001- 2007, it took 15 years just to get back to that same value. Meanwhile cash flow stays constant 🔥🔥🔥🔥
@noneofyourbusiness8535 ай бұрын
There is no cash flow if your financing… Financing cost will eat up any and all cash flow, not failing to mention taxes, insurance and repairs Those who are capable of buying their properties in cash, cash flow. The cash flow can be offset by depreciation, repairs, utilities management cost, etc.. The true value of real estate, is in the appreciation value and the equity… The higher the property appreciate, zero debt, Means liquidity will come in a leverage property, which you will pull out cash, tax-free. The rents will cover the mortgage, and you will have the cash tax free.
@RyanPineda5 ай бұрын
Agreed
@robert-s1i7b5 ай бұрын
who are your go to lenders?
@StabilizePhotography4 ай бұрын
What about E-Commerce?
@TheYomoman3 ай бұрын
What are your thoughts on buying a single family median priced home all cash in today's market as a rental investment?
@RicondaRacing5 ай бұрын
What about inflation? Having hard assets seems to be the only hedge against massive inflation.
@vonnyworld71835 ай бұрын
Cash flow is real idk what your talking about 😂
@blackkemo15 ай бұрын
How is cash flow a myth if you’re saying you can still get it?
@eliot52205 ай бұрын
You can’t get good cash flow in high priced markets.
@freeestyleobsessed4 ай бұрын
Flip three keep one flip three keep one flip three keep one The rentals I kept have gone up 4X on one property I made $80 grand if I just held it for a few more years I would’ve made half a million
@hhstyuihggfv5 ай бұрын
So true
@DemandingRiches5 ай бұрын
It’s real if you own the property free and clear. I’m my market I can buy rentals for 50k all day long.
@Boli41615 ай бұрын
Where can you get rentals for 50k?
@frank83485 ай бұрын
@@Boli4161 Gaza Strip
@RicondaRacing5 ай бұрын
Why are you the only voice I hear saying cash flow is fake?
@CurtissCain4 ай бұрын
Let’s talk!!
@MatthewCBecker4 ай бұрын
I buy cash flow, buy, rehab, rent, refi, repeat, One at a time, then two, then 3. Over 20 years I have create $150K a month in cash flow. I was raised in government housing by a single mom I have no formal education. I have never lost money on a deal. At first you only make a few hundred bucks a month but in 10 years you make tons. If you know how to value ad you can make $1000 a month pretty quick now but I have done it for years, have my own construction company and PM company. Keep your job and buy one at a time. You will do great. So I agree and disagree. Dan Ramsey is a idiot that makes money teaching people how stupid he was. Every Pastor in the country who knows nothings about money pays him crap loads of money to buy his junk for the flock. He is good for lazy dumb people who want to be poor forever and retire with nothing except a paid off house.
@legendbe20234 ай бұрын
You sir says it well. RE is nor for lazy people or gamblers. You got to play it long term.
@blackkemo15 ай бұрын
Of course rentals aren’t going to cash flow immediately just like when you start a business you don’t immediately make money and cash flow but that doesn’t mean it’s a myth!
@Buckaroo8013 ай бұрын
It’s a Long ball game.
@leverageearnings83875 ай бұрын
Time stamps bro tf
@matthewjustice225 ай бұрын
💎💎💎
@daeseanboyd5 ай бұрын
People will do anything to rent your property... so idk wtf you are talking about
@jamestheketoguy2 ай бұрын
What? Im confused
@m123icn5 ай бұрын
Tray Young.
@GideonHawk-j8i5 ай бұрын
I thought he started flipping in like 2018?
@josearredondo55265 ай бұрын
I think he was a realtor way before that. Still 15 years seems like a stretch. Regardless, he has done a lot in the time he has been in the game.
@spencerhall44525 ай бұрын
@@josearredondo5526maybe he means his family and people he works with
@zachdollar215 ай бұрын
From what I understand, he got his license to become a realtor in 2010. Started flipping in 2015.
@RyanPineda5 ай бұрын
Became a Realtor in 2010. Bought a primary home in 2011. Started flipping in 2015.
@ClarisNdoroRealEstate5 ай бұрын
@@RyanPinedaHi, Ryan. A realtor is also trying to flip like you! I have been trying to reach you.
@ramonsanchez51754 ай бұрын
15 years of real estate knowledge means you have not managed your portfolio through a recession.
@jamesmclain14495 ай бұрын
Ryan, I think you offer a wealth of information, but you’ve never lived through a downturn. You think taking risk, buying now and holding for 10 years will work? Bad timing. You started your journey when the market was in the tank. A moron could have had success. Maybe not your level of success, but easy to succeed over the last 12 years. Get ready for the next ride. Wholesaling should work well for you over the next 7 years.
@johnkomaniecki5 ай бұрын
Why so negative and why say rental properties will not cash flow.
@chefgromano50255 ай бұрын
This is why there will be a crash. Cause it doesn’t make sense.
@soundsnags20015 ай бұрын
lmao you're gonna be waiting a while bro
@fresnocabinetsoutlet4 ай бұрын
In other words, don't bite more than you can chew..
@DirtyMikeandTheBoyz2 ай бұрын
Here from a video that says he's a con man. Run far and fast from this fraud.
@JoeJoe-tg3ed5 ай бұрын
lol you are doing it wrong son. Ask me how I know.
@TravisBinder-rg7xd4 ай бұрын
Single homes aren't meant to be rental property at all you will never make money trying to rent out single homes.
@legendbe20234 ай бұрын
depending on location and how many years you hold them
@1rstjames2 ай бұрын
If we could convince the federal/state/local governments to change thier plain purpose doctrine interpretation of the legal word, "soil," at the statutory level, then homeowners across the USA would cash flow multiple streams of stacked revenue, via the appropriated term, "permaculture." You have flipped thousands of houses, but how many inches of soil have you produced over the last fifteen years? It takes nature one hundred years to produce one inch of soil. Soil is worth more than gold. Bamboo alone could produce more oxygen than these morons in Capitol Hill.Or my local administrative offices and all of the native species combined in the same amount of square footage. When you combine bamboo with all of the Species that can existwithin its canopy, such as squash watermelon strawberries passion fruits, How could anyone anywhere on the planet be broke If not for all of the predation going on?
@injectorplanet43065 ай бұрын
cardboard houses lol
@mikegedz14514 ай бұрын
Lots of bullshit
@provishky4 ай бұрын
Too many adds
@Rs-qc8mq5 ай бұрын
Does he have verified returns or is this horseshit? 😂 seems to change his tune often
@aaronmurphy87965 ай бұрын
Another one of these anti cash flow influencers . I’m so tired of this strawmanning . Because it’s called passive income and because we want to see a solid cash flow return after our first refinance that doesn’t mean we can’t also collect rent increases . It doesn’t mean we don’t do some work on the properties . It doesn’t mean we aren’t holding them for the long haul . That’s a false dichotomy. You all take the worst version of these concepts and parade around like that’s what cash flow investors are arguing . It
@RyanPineda5 ай бұрын
Did you watch the video? I said you can get cash flow in the long hauk
@aaronmurphy87965 ай бұрын
@@RyanPineda I apologize for the hostile tone in my comment. i am very frustrated at this direction from the real estate influencers but I see you as a good decent guy and I dont want to convey disrespect. yes i watched the video and i feel that what i said still applies. Ill outline more clearly what I am saying. there is a persepctive currently ,most popularized by david greene, but very much embodied in your video- that planning to do deals and start making cash flow after stabilization wich one can live off of or use to invest more isnt a legit strategey. The idea posits that instead cash flow only comes after several years and many rent increases that help you grow into cash flow. and thats fine because you should keep a job(your direct quote was "keep your day job" or do an active income business in the meantime. I do not have an issue with you all liking that approach. what I find frustrating is that its presenetd like this is "the truth of it" when in fact there are many investors doing BRRR and making cash flow at the outset after the refinance. many of these people are doing it in post industrial cities like detroit baltimore etc . Its a type of investing that you all arent interested in but it is occuring and their are profits being made after the refi or somtimes even at the refi without waiting for 5+ years of rent increases. so to be clear when you respond saying "but i said you can get the cash flow later" I do not see that as responsive to my point. It is still part of the perspective that up front cash flow isnt a thing and its only by modeling rent growth and equity growth that you get deals to be good deals. Personally I think investing for equity growth in the longhaul is awesome and I do have aquired and plan to aquire some more assets that re good candidates for that . but high cash flow low appreciation area properties can create job freedom and have a host of other benifits. I like to have a mix.
@_chanellehalle5 ай бұрын
about to start in big bear with a cabin my grandpa built in the 70s and has been paid off for years. the company renting it isn't marketing it correctly because my cabin barely rents out with them, so i'm starting a business out of it & binging your content to do so 🫶🏼
@jamesmclain14495 ай бұрын
Ryan, I think you offer a wealth of information, but you’ve never lived through a downturn. You think taking risk, buying now and holding for 10 years will work? Bad timing. You started your journey when the market was in the tank. A moron could have had success. Maybe not your level of success, but easy to succeed over the last 12 years. Get ready for the next ride. Wholesaling should work well for you over the next 7 years.
@kipta9995 ай бұрын
Exectly, this buddy doesn't know shiet ,he is flipping 40 houses but probnever been on field ,don't know what is closet toilet or light fixture dosent work he is just office guy who know how to operate exel sheet😅