Rick Wheat...
Actually Born Into the
Real Estate Business.

His father was a Real Estate Attorney and former Director of Corporate Real Estate for a Fortune 100 company, who not only negotiated multi-million dollar Commercial Acquisitions, but also bought, built and sold houses in his spare time before Rick was born. Rick got involved with Real Estate at a very early age, and for many years he spent his after school hours and summer days working on Residential and Commercial construction projects.

Upon entering college, Rick began to focus more on business. He graduated in 1980 with a Bachelor of Science in Business from the University of Tennessee. In 1981, Rick moved to Jacksonville Beach, Florida, to begin a position as a Project Manager for a construction firm. For the next few years he built single family homes while attending the University of North Florida in the evenings. In 1983, he received his Bachelor of Technology degree in Construction, with a minor in Real Estate. He later returned to the University as an Adjunct Professor in the Construction Department.

In 1985, Rick became a Certified Residential Contractor, and two years later, upgraded his license to that of a Certified General Contractor. In 1986, he became a Licensed Real Estate Salesman, and in 1988, he earned his Broker's designation. A few years later, he acquired his Mortgage Broker's license.

Over the course of his career, Rick has managed the construction of over 200 single family homes, with values ranging into the millions of dollars. He has also completed numerous commercial and remodeling projects, including but not limited to Retail Shops, Restaurants, Dental and Medical Facilities, Office Buildings, Warehouses, and others. His activities as a Real Estate Broker/Associate encompassed Marketing, Sales, Leasing and Property Management. As a Mortgage Broker, he primarily specialized on Private Lender funding, originating numerous Investor loans. All of his licenses are currently inactive, since Rick now concentrates on acting as a principal in every transaction he's involved with.

In 1993, Rick began purchasing his own Investment properties, and he joined a local Real Estate Investment Association in order to learn more about that particular aspect of the business. His various areas of expertise were quickly recognized, and he was elected to their Board of Directors, where he remained for five years, one of them as Vice-President.

RWC Properties, Inc., a Florida for-profit corporation, was founded in 1995, to acquire Investment properties for their own account. At one time the Company bought or sold an average of 2 - 4 properties per month. Most of these properties were resold to owner/ occupants, but a few were held as long-term rental properties. Since its origination, the company has bought or sold nearly 200 homes in the Jacksonville, Florida area.

Shortly after starting RWC Properties, a nationally recognized Real Estate Investment training company offered Rick a position as Consultant. In that capacity, he initially managed their "Real Estate Hotline" department, a service for customers to call in to discuss practically any question or type of Real Estate transaction.

He later was enlisted by the firm to instruct Workshops, Seminars and Advanced Multi-day Training events on a wide variety of subjects across the U.S., Canada, and the Caribbean. Since that time, Rick has spoken before tens of thousands of participants at hundreds of events. Some of the topics he's discussed include:

  • Wholesaling/Retailing of "Ugly" Houses;
  • Creative Financing and Lease/Options;
  • Commercial Properties;
  • Land Development;
  • Business Management;
  • Business & Entity Structuring ;
  • Negotiating;
  • Marketing;
  • Notes, Mortgages and Paper transactions;
  • Private Lending;
  • Property Management;
  • Tax Strategies;
  • Foreclosures;

Since getting started in the Real Estate Investment business in 1993, Rick has had the pleasure of working with and learning from most of the biggest names in the business, many of whom are household names to anyone involved in Real Estate Investing. Some of those include:

  • Ron LeGrand - World's best at "Quick Turning" houses;
  • Robert Allen - One of the originators of "Nothing Down" and "Multiple Streams of Income" strategies;
  • Dan Kennedy - Top notch Marketing GURU;
  • Jeff Kaller - "Mr. Pre-foreclosure";
  • Kris Kirschner - Creator of "Selling Your Houses on Auto-pilot" system;
  • J. Scott Shields - One of the Nation's leading authorities on Commercial properties;
  • Peter Conti - Nationally recognized Mentor and Author;
  • Frank McKinney - Known as the Real Estate Rock Czar and multiple Best-Selling Author;
  • Marshall Sylver - Leading Expert on Subconscious Reprogramming;
  • Robyn Thompson - The "Queen of Rehabs";
  • Kathy Kennebrook - The "Marketing Magic Lady";
  • Barney Zick - Member of Creative Real Estate Hall of Fame;
  • Shawn Casey - One of America's foremost Asset Protection Attorneys;
  • Ernie Kessler - Top Foreclosure Instructor;
  • Bob Leonetti - Nationally recognized Mortgage & Note expert;
  • George Yeiter - Tax Strategy & Business Planning authority;
  • Al Lowery, Richard Powelson, Louis Brown, and others.

He has also had the pleasure of working alongside some of the sharpest minds in the Marketing and Internet Marketing fields, such as:

  • Yanik Silver - World-Class Web Copywriter, Marketer and Serial Internet Entrepreneur;;
  • Terry Dean - Internet Marketer and Business Coach;
  • Marlon Sanders - Copywriter and Internet Marketer;
  • and several others

As an author, Rick has written several advanced Real Estate training manuals and software, and is currently working on several more including:

  • Making the Shift Into Commrecial Deals (Co-Authored with Peter Conti who co-author of "Commercial Real Estate Investing for Dummies" & Jeff Kaller, nationally recognized Short-Sale educator);
  • Prescreening For Profits - How to Prescreen Commercial Leads at Lightning Speed;
  • The Real Estate Investor's Management System - An Investor's Total Office Management Solution;
  • Road Map to Residential Real Estate Riches;

Rick and his company were retained by a national Real Estate Investment firm in February of 2005 to review, analyze, negotiate, entitle, and market numerous Commercial Projects submitted for potential Joint Ventures from all across the U.S. and Canada. In that role, he personally reviewed over 2,600 Commercial Project submittals and facilitated the acquisition of several of them which are now being developed or completed by that firm.

In September of 2009, Rick joined his longtime friend Jeff Kaller to create an educational training program concentrating on the small-to-medium, distressed and defaulted Commercial properties so prevalent in today's economic turmoil. With this training, the two of them have helped thousands of students get involved it Commercial investments and they are currently working with many of them in Joint Ventures on those projects.

To facilitate that goal, Rick and Jeff formed Pinnacle Commercial Group, LLC, a Florida company with a corporate office in Jacksonville Beach. As CEO of Pinnacle, Rick helped build the organization to include an Executive Team of highly experienced Real Estate professionals, including Brokers, an Attorney, General Contractors, Mortgage Brokers, an Architect, several Appraisers, and many more.

The firm has also developed a propriatary system of Commercial lead submittal and collaboration websites, as well as a network of several thousand highly trained "Acquisition Specialists" across the U.S. who provide Pinnacle with highly scrutinized Commercial prospects for acquisition.  This combination of people and technology helps keep Pinnacle on the forefront of the Commercial Real Estate Acquisition arena.

For more information on Pinnacle Commercial Group, go to www.PinnacleCommercialGroup.net.


Rick Wheat
3948 S. Third St., Suite 325
Jacksonville Beach, FL 32250
(904) 334-8638 Phone
(904) 280-4399 Fax

RWheat@PinnacleCommercialGroup.net