Ryan Pineda. Flipping Real Estate with No Money. Episode 407 with The Real Brad Lea (TRBL)

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!