Touring All My Apartments in Iowa

[@andrewcarlson9929]

Fixing up properties is truly helping the community! I bought a building that had police calls like crazy. Now, it’s nice and clean!

[@Mark-ub8ce]

I have to admit, I laughed when Ryan said he is not afraid to get his hands dirty. We all know he does not get his hands dirty, ever! It would throw off his golf swing.!🤣

[@RyanPineda]

😂😂😂

[@sophiasavanna1329]

You need to do more of these type videos

[@dr.jasonbaca]

Super impressive man. God is clearly blessing what you're doing, and the favor He's giving you is obvious. Keep going!

[@RyanPineda]

Thank you! Will do!

[@dr.jasonbaca]

Also, see you at WealthCon in October. Looking forward to it. :) @@RyanPineda

[@eniscuni7761]

I love your content Ryan and I think I am the only one watching your videos from my country, Albania

[@harrylawrealestate]

I think the industrial space in the back at 0:29 is a good investment, less turnovers and recession proof. Less headache with tenants and management.

[@Newbbbie]

Buddy sent me over here. Excited to learn. based here in SE Iowa super cool to see you back here!

[@PubieSaladx]

Would love to hear about the 90k in tax breaks with the city from the Hawthorne! Or about how you manage these out of state assets!

[@FinancialFreedomLifestyle]

this is epic! Were building to 1000 units!

[@LV_TK]

Stoked to be an LP in the Hawthorne! It looks awesome. Excited for the iowa deal too 🤙🤙

[@breakfastwithperkins]

Maaaaaan the thumbnail takes me back! That used to be Alpine Village back in the day! I grew up in J85 and K105!!! 7800 Iltis in Urbandale!

[@AIForEverydayLife]

I'm in Cedar Rapids, Iowa and love to hear you're investing here. If you ever need any help please don't hesitate to let me know. God bless!

[@jansmith3158]

Very interesting video. Can you explain how you get your tax break. Is this something you negotiate with the county before purchase or you deal with this with your tax accountant during Tax time? thanks.

[@bradenbookkeeping9709]

@RyanPineda, first off, great job man! I've been following the Hawthorne project since we lost out on the bidding process to you guys apparently and the place looks great. I'm a local rental property owner here in the Quad Cities (focusing on work force & section 8 housing) and even though we didn't get a chance to purchase the place, I still really enjoy learning how it's working for the person who did and while I'm sure you're moved on from this video/dialogue, figured I throw some questions at you: This place is comprised of 6 studios, 30 -1 beds and 60 -2 beds. How is your rent out going assuming the studios are 800, 1 beds 900 and 2 beds 1000? I'm assuming you negotiated the increased taxable value as your tax breaks, which I assume wasn't a hard sell for the city given the issues they had previously, how many years did they give that to you? Were you able to separate all utility meters during your renovation? Did you roll your first year mortgage and construction loan payments into the final refi loan once everything was done or just make those payments along the way? I'm assuming conventional terms on the loan (20% apr, 20 yr am, 7%), but I think this is where the Grant C.'s do some fancy stuff and just wondering if you follow that same model (ie. interest only loans, etc)? Last thing...we also have a laundry contract on another property and I'm HUGELY against it. We get a split as well but my analysis is it barely pays for the water/sewer/electric/dryer vent cleaning bills and the terms of the contract basically hijack us, leaving us little ability to exit (we inherited the agreement). Obviously it's a nice amenity to offer that you don't have to service, but do you have any properties you own where you own the laundry units and have staff collecting those coins? Thanks and again, good stuff man!

[@opsec]

Looking good, keep up the good work. All seem like great deals that can weather those rate hikes.

[@RyanPineda]

Thanks!

[@RareFoodsMarket]

Ryan you should style that burn mark on your hairline. Have your barber cut a distinct triangle around it. Make it a feature.

[@GCInvesting]

This is huge! Way to go team!!

[@DanKohan]

Great video! Your Iowa apartment investments are amazing. I'm into real estate too, and your work is inspiring. Keep it up, and I'd love to see more updates!

[@hairyape15]

Love what you are doing for the people and not solely on filling the pockets of the investors and yourself!

[@TheHandyJeff]

Ok Ryan, it’s so weird because I’ve always thought you looked familiar, I’m from Burlington Iowa! And I gave you a quick google and I used to wait tables/bartend at the sports bar attached to the casino. I used to wait on the Bees players all the time. I wonder if I ever waited on you! 🤔 Also if you ever need another guy in Iowa I’m in Burlington with a love of renovation and real estate (I’ve got a flip house and a duplex!) keep on keeping on and thank you for rehabbing the buildings that are falling apart! Iowan communities need it!

[@RyanPineda]

Haha that’s awesome! I’ll let you know!

[@JeremyLMarquez]

*If you were to start new today you would start buying buildings or still start with sfr?*

[@adriank2959]

I was wondering why you dress polo today................btw, Is that the PP 6119 on your wrist?

[@RyanPineda]

You are correct!

[@Officialkiddleon]

Hi Ryan, i love the transparency with the numbers, its very helpful and gives everybody an idea of the cost of this scale of a project... Do you ever plan on having properties outside of the US. I was born in Cebu, Philippines... I'm not very familiar with your background but I'm just wondering if you have families outside of the US. Take care brother.

[@unusualsheep9626]

You should build some in Ottawa Illinois. Up and coming town.

[@vincentdilaura3375]

Would love to see more videos like these!!!

[@ShaneNewbanks]

Thank you for cleaning up the Quad Cities!

[@Chthonian121]

At least he's not buying starter single family homes and is selling off units unlike blackrock... (I could be wrong - haven't seen his other videos)

[@WillOrtxz]

Wow I’m actually from Iowa city and have been to these properties before!

[@HarvardUni]

same, kinda cool

[@WanaaBeee]

I just moved to iowa where are your hotels

[@obie1coby]

Pretty smart way to raise capital and get rid of these loans that are resetting

[@ShaneNewbanks]

Looks like Ryan played Deere Run, home of the PGA's John Deere Classic.

[@epicgaming4946]

This man brrrrd a 96 unit apartment building, stud

[@reiw9398]

out of topic, what kind of shirt and pants are you wearing Ryan? They look nice!

[@kkp4297]

$800? to rent a renovated apartment? I know where I'm moving to if i'm strapped for cash.

[@dollarbill2121]

Once you refinance it will hit your overhead at more than 60% of rental income, you’ll probably end with 10% net income which around 100k, assuming 100% occupancy.

[@Jercorian]

Bout time something different 🙏🏾

[@Prospecting.with.cristian]

Awesome video 🔥

[@uglystick77]

I have work in the apartment space for as contractor for 10 years,In the des moines area. Looking to invest money in the space how much money does an investor have to put up to be prart of the group.

[@RyanPineda]

Visit www.pinedacapital.com to see the requirements to invest with us!

[@BM-kg9jd]

How much do these apartments rent for ?

[@nellymuchangi7670]

Hey can you teach me how to do this thank u

[@DesMoinesHomeDeals]

I’m in Des Moines Ryan. Hit me up next time you come here.

[@iowawizkid1]

How is $1000 a month affordable housing?

[@zdobson88]

You’re right. He should just let people live there for free 🙄. Have you looked at apartments lately? $1000/mo is very affordable for most people. If it isn’t affordable for you, that’s a YOU problem. Not his problem. Do better.

[@TheQuadraticAttenuator]

@@zdobson88 In Iowa that's on the expensive side for a regular-ass apartment. I pay $695 for a 1 bedroom very close to the metro area.

[@dennisstrutinsky9276]

Someone was shaving into the camera sensor?

[@freedomfan]

I live in Iowa City near the university hospital and I own a bunch of properties

[@HarvardUni]

hope you’ve been taking good care of my apartment over there! 😂

[@azmac9973]

I don't trust a guy whose idol is smaccy cardone.

[@jackbrundell4539]

I have a 77 unit deal in cedar rapids Iowa, lets connect

[@iaustincoon]

🤘🏽

[@RyanPineda]

To everyone asking about my fit: Primo Polo Greyson Pants Patek 6119 Watch Wealthy Way Hat For those who’ve wanted a Wealthy Way hat, we’ll have a store for them soon!

[@Ligmaballs666]

literally nobody asked 😂

[@knappsta393]

Must have money to make money.

[@kennygreen6673]

Im trying to learn from the best ryan you got my attention