The Ricky Ricardo Show

Episode 83: I Sold My Rental… Now The Real Decisions Start

Send us Fan Mail [https://www.buzzsprout.com/2572246/fan_mail/new] After officially selling my first rental property last week, I’m now facing the next big decision in my investing journey. HVAC installation starts this week on the Alabama midterm rental, and now I have to decide whether to use hard money draws or the proceeds from my recent sale to fund the next phase of the project. In this episode of The Ricky Ricardo Show, I talk about: * why I sold my first rental property * how my mindset around cash flow and financial freedom is changing * the reality of low cash flow rentals * balancing liquidity vs. interest costs * why HVAC may be the most important upgrade in this entire deal * learning to think more like an operator and business owner I also share why I’m moving away from simply collecting doors and focusing more on investments that can actually move the needle financially. This isn’t guru talk. This is the real journey of figuring it out in real time while balancing a W-2 job, investing, risk, and chasing financial freedom. Welcome back to The Ricky Ricardo Show. Follow the show: Instagram: https://instagram.com/rickyricardoshow About the show: The Ricky Ricardo Show documents the real journey of building financial freedom through leverage, better decision-making, and real-world lessons — in real time. Real estate is the current vehicle, but the principles apply far beyond it.

Episode 82: I Sold My First Rental Property… And It Changed Everything

Send us Fan Mail [https://www.buzzsprout.com/2572246/fan_mail/new] In this episode of The Ricky Ricardo Show, I talk about officially selling my very first rental property and why this deal completely changed the way I look at real estate investing. A couple years ago, I thought buying as many rental properties as possible was the path to freedom. But after going through vacancies, repairs, management headaches, tied-up capital, and low cash flow, I started questioning whether this strategy was actually creating the life I wanted. This episode is a real conversation about: * the reality of low cash flow rentals * why my mindset around investing has changed * the dangers of getting stuck in “door count” thinking * why I’m now chasing stronger cash flow and business-style investments * learning when to evolve instead of forcing a strategy that no longer fits your goals I also break down the numbers, lessons, mistakes, and mindset shifts that came from completing my first full real estate cycle from purchase to sale. This isn’t guru talk. This is the real journey of figuring it out in real time. Welcome back to The Ricky Ricardo Show. Follow the show: Instagram: https://instagram.com/rickyricardoshow About the show: The Ricky Ricardo Show documents the real journey of building financial freedom through leverage, better decision-making, and real-world lessons — in real time. Real estate is the current vehicle, but the principles apply far beyond it.

Episode 81: $20K Invested… $150/Month? Why I’m Selling My First Rental

Send us Fan Mail [https://www.buzzsprout.com/2572246/fan_mail/new] I’m selling my very first rental property this week… and it didn’t go the way I thought it would. In this episode, I break down the real numbers, what actually happened over the last couple of years, and why I’m choosing to move on instead of holding. This isn’t about saying rentals don’t work—it’s about realizing when something doesn’t work for you. I also share my shift into midterm rentals, the potential for higher cash flow, and why I’m choosing speed over perfection moving forward. No fluff. Just the real journey. Follow the show: Instagram: https://instagram.com/rickyricardoshow About the show: The Ricky Ricardo Show documents the real journey of building financial freedom through leverage, better decision-making, and real-world lessons — in real time. Real estate is the current vehicle, but the principles apply far beyond it.

Episode 80: I Didn’t Look at a Single Deal This Week (Here’s Why)

Send us Fan Mail [https://www.buzzsprout.com/2572246/fan_mail/new] This week, I didn’t look at a single real estate deal… and that bothered me more than anything else going on. Not because I didn’t want to—but because real life hit all at once. In this episode, I break down what actually happened behind the scenes: * A $20,000 Tesla battery scare * A property under contract but not closed yet * Another property sitting with no offers * A renovation project paused with money going out every month And how all of that forced me to slow down. This isn’t a highlight reel episode. This is what it actually feels like when: * Your momentum stops * Your pipeline disappears * And you’re forced to face the reality of where you are I also talk about: * Why liquidity matters more than you think * How one problem can stop everything * And the importance of consistently having deals in front of you If you’ve ever felt stuck, overwhelmed, or like you’re not moving forward… This episode is for you. Follow the show: Instagram: https://instagram.com/rickyricardoshow About the show: The Ricky Ricardo Show documents the real journey of building financial freedom through leverage, better decision-making, and real-world lessons — in real time. Real estate is the current vehicle, but the principles apply far beyond it.

Episode 79: I Made $135 in 2 Years… Here’s Why I’m Selling Everything

Send us Fan Mail [https://www.buzzsprout.com/2572246/fan_mail/new] I finally sat down and looked at the real numbers—and they changed everything. In this episode, I break down the actual profit and loss from my first rental property… and it wasn’t what I expected. After putting nearly $20,000 into the deal, the return over two years was barely over $100. I also share the numbers behind my second property, which is cash flowing—but still not aligned with the bigger goal. This isn’t about saying rentals don’t work. This is about understanding what works for YOU and your goals. For me, it’s about speed, leverage, and putting real pressure on replacing my W-2 income. So I’m making a shift. In this episode, I talk about: – The real profit and loss behind my rentals – Why cash flow alone isn’t enough for my goals – The mindset shift away from “door count” – Why I’m selling and repositioning my capital – What I’m focusing on next (flips, midterm rentals, and scaling faster) This is the real side of real estate investing—the part most people don’t show. If you’re building your portfolio or questioning your strategy, this one’s for you. Follow the show: Instagram: https://instagram.com/rickyricardoshow About the show: The Ricky Ricardo Show documents the real journey of building financial freedom through leverage, better decision-making, and real-world lessons — in real time. Real estate is the current vehicle, but the principles apply far beyond it.