How to Make Your First $250K

Making $250,000 isn't as hard as you might think, and it's a crucial step to building your wealth while living a great life!
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Making your first $250k is the gateway to building wealth...
If you can work your way to make $259k per year, you can simply become a millionaire in less than 5 years after that! Rayn Pineda walks through how exactly you can accomplish this, while living a full life. So, get out your notepad and pay close attention to this masterclass!

[@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]

🙌

[@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.

[@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.

[@officialchrischau]

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

[@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 🤞

[@NewAgentHQ]

What are your thoughts on being a Realtor?

[@bizzyb-tg1kc]

This reminds me, I need to update my budget

[@deandremims47]

Ryan, you're a hero

[@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!

[@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

[@GWhittet]

I agree.

[@biblefaithjourney]

250k would be a great starting point

[@susiesus]

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

[@ezmoney1903]

Thanks for the knowledge 🙏🏻

[@RyanPineda]

You’re welcome!

[@clementerodriguez5769]

Appreciate the content my boy just subscribed to your channel

[@tylerjaime5094]

I really appreciate what you do thank you.

[@RyanPineda]

You are very welcome!

[@GCInvesting]

Fantastic breakdown of the numbers!

[@diegochavez8325]

Great video Ryan!

[@RyanPineda]

Thanks!

[@brandonestelle6318]

Great info! Thanks for sharing!

[@afterjunkllc1320]

250 k would be life changing for me.

[@S1N2D3S]

Fire Content. Thank you!

[@RyanPineda]

Glad you enjoyed it!

[@graytg115]

Good series

[@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...

[@Raytangfitness]

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

[@bruceprofitsTradesFutures]

Great stuff. 250 minimum

[@JoseCruz-hm8io]

Great video brO 👍🏼

[@RyanPineda]

Appreciate it!

[@pattygremm4393]

25-30% down to finance these...

[@rodwarrentv]

Awesome Video My Friend 👍🏾💯🙏🏾💰

[@RyanPineda]

Thanks for watching!

[@hennmack3968]

Never new about the tax right off

[@RyanPineda]

👏🏻

[@MarlonJayManuel]

❤

[@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?

[@erichuifitness]

I thought tax was 50% lol

[@mauiwowielocoboy]

🤙🏾