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Wealthy Way

Essential Rules for Achieving Success as a Real Estate Investor

Wealthy Way

Ryan Pineda

Business, Entrepreneurship

4.82.1K Ratings

🗓️ 30 August 2024

⏱️ 13 minutes

🧾️ Download transcript

Summary

Ready to take your real estate investment game to the next level? Discover the some essential rules for achieving success in the market.---Secure your spot at the #1 conference for real estate, entrepreneurship, and social media here - https://www.wealthcon.org/Feeling lost as an entrepreneur or real estate investor? Get access to our community, coaching, courses, and events at Wealthy University https://wealthyuniversity.com/If you want to level up, text me at 725-444-5244! ---About Ryan Pin...

Transcript

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0:00.0

You cannot time the market.

0:02.6

Don't even try.

0:03.8

I mean, seriously, I can't tell you how many people

0:07.0

ask me this question.

0:08.2

They say, Ryan, is now a good time to buy real estate.

0:11.7

And I'm like, well, the only reason you would ask that question

0:15.3

is if you're not actively buying real estate, right?

0:18.0

I mean, for most people, if you're a full-time real estate

0:20.5

investor like myself, I can't just stop buying real estate and you know

0:25.1

all of a sudden do nothing. I mean I wouldn't have any income, I wouldn't have a

0:28.5

job, I wouldn't have all these things. If you're flipping houses, if you're

0:31.5

wholesaling like you can't just stop because maybe the market's not favorable to you right this moment,

0:37.5

you gotta just figure out ways to make money in any market.

0:40.5

And so anytime I hear this, it's just kind of like more of an excuse to somebody who's maybe thinking about getting into real estate.

0:47.0

And they're like, well, you know, now's not like the optimal time. Maybe I'll just wait it out, right? Or maybe I'll hear just a normal, let's say,

0:55.1

W-2 person who's looking at buying a rental property

0:57.7

and they're like, well, should I buy right now?

0:59.6

And once again, my question is like,

1:02.0

well, if you're not a very good real estate

1:04.1

investor right now, like you're thinking about buying your first property, well clearly,

1:07.8

you don't really know what you're doing.

1:08.8

So how do you think you could time the market, right?

...

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