Wealthy Way

How He became a Millionaire in Real Estate by 24

May 9, 2026
Ray Rodriguez, a real estate investor who became a millionaire in his early 20s and founded Monumental Estates, shares his rise from wholesaling to MLS-based deals and scaling an investment business. He discusses cold-calling grind, MLS and agent outreach tactics, why direct-to-seller marketing failed, subject-to rentals, flips versus wholesales, and plans to expand into new markets.
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ANECDOTE

How Ray Used A Social Media Job To Enter Real Estate

  • Ray found Ryan's small YouTube channel and DM'd him, then applied for a social media job to get into real estate.
  • He worked social media, started cold calling within weeks, and after nine months got his first closing that launched his investing career.
ANECDOTE

First Wins Came After Many Rejections

  • Ray's first closed deal with Ryan's team netted Home Run $30k and Ray earned a $3k cut after eight prior contracts fell through.
  • Three weeks later he found an MLS deal as a licensed agent and made ~$20k commission, accelerating momentum.
ADVICE

Use Realtor Commission Strategically On MLS Deals

  • When brokering MLS deals, choose between keeping realtor commission or crediting it to lower the purchase price and take a share of profit.
  • Ray mixed both strategies and later wished he had kept commissions on every deal to avoid losses on flipped equities.
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