How to Make Your First $250K

[@michaelmansour6326]

I started in real estate 20 years ago. I honed my skills and able to make over $100k after the first several years. Plus my wife's salary as a teacher. Bought our first home FHA 3% down When we built our next house, we rented out our first home and still rent it out. Slowly bought 16 properties and flipped several throughout the years. Many are paid off now and the cash flow alone is pushing $160k/yr alone. plus my real estate deals, plus wife's salary. Once all are paid off in 5 years the cash flow of properties will be over $250k alone. Slow and steady! Won't owe anyone anything and a great net worth. All set by late 40's. Yes, it is possible, but no magic or get rich quick. JUST DON'T OVER LEVERAGE YOURSELF. Anyone can do it, but most people won't!

[@tylerdement3592]

Living the dream, congrats

[@Brendabuildswealth]

Purchasing my second property and excited! I can't wait to see how it looks in 10 years. Thanks for sharing!

[@southtampabnb1618]

Finally someone who is realistic with numbers on expenses

[@RyanPineda]

🙌

[@SomethingMobile]

Here in Southern California a decent house is 6 to 700k. I think I would need about 275 to 300k per year. If I want to stay here, and I really do.

[@Broke.But.Handsome]

I cant imagine spending 700k on a house and it's "decent." I'll stay over here on the east coast and libe like a king in a 500k mansion.😂

[@SomethingMobile]

@@Broke.But.Handsome I think that sounds like a good plan and a smart decision.

[@fitnfavored]

$250k a year seemed like an all-star income out of my reach, but once you broke it down it actually seemed reasonable.

[@NewAgentHQ]

What are your thoughts on being a Realtor?

[@deandremims47]

Ryan, you're a hero

[@thatboyhash1992]

Love all the great masterclasses, Keep it coming. Its great to see a High net worth individual like you with all your accomplishments and businesses to create free content like this. Also would definitely recommend getting J waller on your podcast, he owns a succesful construction company as well as heavy holdings in real estate, I think he would provide a lot of value on the pod. Thank you for all you do.

[@tim4505]

Work hard, don't have kids and don't live in California, and invest. Most people can be wealthy if they do this.

[@liammusgrove6334]

I'm doing all of the above. Wish me luck 🤞

[@officialchrischau]

Yessss.. this just re-ignited my fire inside why I chose to get into RE in the first place! 🙌🏽

[@diegochavez8325]

Great video Ryan!

[@RyanPineda]

Thanks!

[@GWhittet]

I agree.

[@ezmoney1903]

Thanks for the knowledge 🙏🏻

[@RyanPineda]

You’re welcome!

[@graytg115]

Good series

[@venusdyk637]

Hey Ryan, quick question - if for example my regular job income (not fix and flip), would be 250K, can I write off 120 K 2 times (240k) or it only applies if your fulltime work is fix and flips?

[@venusdyk637]

@ryanpineda

[@RyanPineda]

I'm not a tax person so I can't give tax advice. But I'd definitely consult one if that's a concern for you

[@GCInvesting]

Fantastic breakdown of the numbers!

[@JoseCruz-hm8io]

Great video brO 👍🏼

[@RyanPineda]

Appreciate it!

[@bizzyb-tg1kc]

This reminds me, I need to update my budget

[@clementerodriguez5769]

Appreciate the content my boy just subscribed to your channel

[@brandonestelle6318]

Great info! Thanks for sharing!

[@S1N2D3S]

Fire Content. Thank you!

[@RyanPineda]

Glad you enjoyed it!

[@susiesus]

Just an FYI.. for two kids I pay $ 560 per week for daycare in our area, which is considered cheap!

[@biblefaithjourney]

250k would be a great starting point

[@tylerjaime5094]

I really appreciate what you do thank you.

[@RyanPineda]

You are very welcome!

[@lostlion3532]

I am a little confused on the giving part. Give to who?

[@thatboyhash1992]

give to the people in need. Charities who help kids in wartorn countries, Homeless people, Animal shelters. To do more good in the world.

[@riot9946]

@@thatboyhash1992🙏

[@GWhittet]

Church, charities, nonprofits, schools, sponsor little league, camps, etc...

[@afterjunkllc1320]

250 k would be life changing for me.

[@aminitoify]

A lot of respect and admiration for your accomplishments and willingness to nurture people on the real estate possibilities to become financially independent! Thank you for your stellar content!

[@RyanPineda]

You're welcome! Glad you like it!

[@rodwarrentv]

Awesome Video My Friend 👍🏾💯🙏🏾💰

[@RyanPineda]

Thanks for watching!

[@bruceprofitsTradesFutures]

Great stuff. 250 minimum

[@pattygremm4393]

25-30% down to finance these...

[@hennmack3968]

Never new about the tax right off

[@RyanPineda]

👏🏻

[@n8yeung]

250k is my minimum

[@Raytangfitness]

This video really helps me as an online fitness coach helping 9-5 working professional men lose weight & get in shape

[@MarlonJayManuel]

❤

[@erichuifitness]

I thought tax was 50% lol

[@versatile_etc]

🤙🏾

[@Pew_Meister]

So if I have a full time job where I can make 100k and get 15-20 days off a month, should I be asking… What can I do to make an additional 150k in 15-20 days a month? Or… Should I leave my job to make 250k while being all in one thing?