The Ricky Ricardo Show

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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.

🎥 Watch the full video episode on YouTube:
 youtube.com/@therickyricardoshow

📲 Instagram:
 @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.

Send us Fan Mail

I’m gonna be real with you… I thought having $100,000 ready to invest was going to change everything.

I thought deals would be easier to find.
I thought I could move faster.
Maybe even take down multiple deals at once.

But right now? I can’t find a deal that actually makes sense.

In this episode, I break down what’s really happening behind the scenes — analyzing multiple properties, watching deals sit on the market that used to sell in days, and realizing that forcing a deal right now could be one of the biggest mistakes I make.

This is the part of real estate nobody really talks about…
The waiting. The uncertainty. The pressure to move… but knowing you shouldn’t.

I also dive into:

• Why $100K doesn’t feel like what it used to
• What I’m seeing in the market right now
• The mental battle between action vs patience
• Whether I should switch markets or stay where I’ve built relationships
• And the reality of trying to grow this while working a full-time job

This is a real-time look at what it feels like when you’re in between deals… and trying to figure out your next move without blowing up everything you’ve built.

🎥 Watch the full video episode on YouTube:
 youtube.com/@therickyricardoshow

📲 Instagram:
 @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.

Send us Fan Mail

Most real estate investors focus on the numbers first — purchase price, rehab cost, rent, and cash flow.

But with my newest property, I’m realizing something different. The design decisions you make can actually determine the type of tenant you attract.

In this episode of The Ricky Ricardo Show, I walk through the renovation strategy for a property I currently have under contract and why this project is completely different from the first rental properties I bought.

My early rentals were turnkey investments where I had almost no say in the renovations. My flip project later taught me some tough lessons about contractors, construction quality, and what can happen when you’re not fully involved in the process.

Now with this deal, the goal is to turn the property into a mid-term rental for contractors, traveling professionals, and corporate tenants. That means the renovation strategy needs to focus on comfort, design, and the overall experience of living in the home.

I also share a personal challenge I’m working on — running 40 miles before my 40th birthday — and how that same mindset applies to real estate investing.

One project at a time.

🎥 Watch the full video episode on YouTube:
 youtube.com/@therickyricardoshow

📲 Instagram:
 @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.

Send us Fan Mail

Everyone talks about the deals they close in real estate… but nobody talks about the deals they walk away from.

In this episode, I break down a flip opportunity that looked like it had over $100K in spread — until the numbers got tight and the risk started stacking up.

Sometimes discipline in real estate isn’t about the deals you do. It’s about the ones you don’t.

I also share a big update: my first investment property is now under contract to sell, completing my first full cycle as an investor.

Buy. Rent. Sell. Recycle the capital.

🎥 Watch the full video episode on YouTube:
 youtube.com/@therickyricardoshow

📲 Instagram:
 @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.

Send us Fan Mail

Last week I was staring at my bank account debating whether to wire $52,000.

Today the deal is closed… and I don’t feel excited. I feel focused.

This episode isn’t about hype. It’s about what happens mentally when capital stops being theoretical and becomes committed. The fear wasn’t that the deal wouldn’t work. The fear was losing optionality.

What if a better flip pops up?
What if I need liquidity?
What if I’m wrong?

I break down:

• Why unused capital feels safe
• How analysis makes everything feel massive
• Why operating turns fear into tasks
• How I’m managing rehab differently this time
• The system I’m trying to build (not just another property)

Real growth costs something. This is what it feels like when it gets real again.

If you have deals, questions, or want to partner — reach out. Let’s build.

🎥 Watch the full video episode on YouTube:
 youtube.com/@therickyricardoshow

📲 Instagram:
 @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.

Send us Fan Mail

Closing is Friday and I haven’t wired the $52,000 yet.

This deal was supposed to require just over $20K. Then the appraisal hit. Now I’m being asked to bring more than double that amount to the table.

In this episode, I talk through the real tension investors don’t post — the moment before the wire. The emotional side of deploying capital. Rerunning numbers. Stress testing downside. And deciding whether discipline means moving forward… or walking away.

The deal isn’t the test.

The wire is.

🎥 Watch the full video episode on YouTube:
 youtube.com/@therickyricardoshow

📲 Instagram:
 @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.

Send us Fan Mail

This week nothing flashy happened — but two major risks on my newest deal completely changed the way I’m thinking about it.

We confirmed a lifetime foundation warranty, a newer roof with a 30-year warranty, completed our full scope of work, and moved one step closer to closing.

This episode is about due diligence, uncertainty, and why confidence comes from removing unknowns — not hype.

🎥 Watch the full video episode on YouTube:
 youtube.com/@therickyricardoshow

📲 Instagram:
 @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.

Send us Fan Mail

Nothing is finalized yet — but everything matters.

In this episode, I’m giving a real-time update on a new deal I’m currently under contract on and walking you through the most overlooked phase of real estate investing: due diligence.

We’re talking inspections, foundation concerns, scope of work, loan structure, and why knowing when to walk away can be just as powerful as closing.

This is the unglamorous part of real estate — the waiting, the checking, the uncomfortable unknowns — but it’s where deals are actually made or killed.

No guru talk. No polished wins. Just the real journey, happening in real time.

🎥 Watch the full video episode on YouTube:
 youtube.com/@therickyricardoshow

📲 Instagram:
 @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.

Send us Fan Mail

Last week, I shared the tough decision to leave my first real estate market in Evansville, Indiana.

This week — everything changed fast.

In today’s episode of The Ricky Ricardo Show, I’m breaking down how I’m officially under contract on my first mid-term rental in Alabama, forming my first LLC, and working with lenders again to execute a BRRRR strategy focused on real cash flow.

I walk you through:

• Getting under contract and why I didn’t stress over a $5,000 price difference
• What due diligence really looks like (inspections + contractor estimates)
• Why I’m forming my first LLC and what it means for scaling
• Using hard money for rehab and refinancing into a DSCR loan
• The potential of mid-term rentals and hybrid Airbnb strategies
• And the biggest lesson I’m learning about momentum in real estate

This is a real-time update on what happens when you stop overthinking and start taking action.

No guru talk — just the real journey, real numbers, real lessons, and real growth.

🎧 If you’re new to real estate or trying to build momentum yourself, this episode is for you.

🎥 Watch the full video episode on YouTube:
 youtube.com/@therickyricardoshow

📲 Instagram:
 @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.

Send us Fan Mail

In today’s episode of The Ricky Ricardo Show, I’m sharing a big real-time update in my real estate journey — I’m officially selling my first rental property and exiting the Evansville, Indiana market altogether.

I break down why I originally invested there, the reality of slow cash flow, vacancies, and repairs, and why I’ve decided to pivot and refocus my efforts back in Alabama after the success of my recent flip.

We talk about the importance of relationships in real estate, how experience changes your strategy, and why sometimes the smartest move isn’t buying more properties — it’s reallocating capital and adapting as you grow.

If you’re a beginner investor or someone navigating tough decisions in real estate, this episode gives an honest look at the emotional and financial side of pivoting strategies in real time.

🎥 Watch the full video episode on YouTube:
 youtube.com/@therickyricardoshow

📲 Instagram:
 @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.