All Forum Posts by: Robert Ruschak

It really depends on your investment objective and risk tolerance. The small towns may not have any property management companies and may have to manage the property yourself!
You can get guaranteed income from section 8 tenants.

0 Votes

Upstate New York, New York

A realtor will hire a professional photographer to maximize results and draw ✍️ more attention to a property!

1 Vote

Houston, Texas

What is the fastest way to scale up as a real estate investor and create life changing passive/active income?

1) Was it investing into several single family homes, building up a successful track record and presenting similar opportunities to other seasonal and new 1st time investors?

2) Was it investing into 2-4 unit multi-family properties, while residing in one unit and financing with a FHA loan? Did that house hacking method allow you to build skills in property management/property maintenance and set you up for bigger multi-family investments down the road?

3) Did you start out with investing into a $1m to $10 m self-storage facility or 50+ unit multi-family with other entrepreneurs/business owners? Did you have wealthy people believe in you before or after college and finance your business like billionaire Ken Griffin?

0 Votes

Attempt to do a final walkthrough one hour prior to closing!

0 Votes

Quote from @Matt Roberts:

I am finishing up rehabbing my second house using the brrrr strategy. Does it make much of a difference which bank I go to for the mortgage? What are the pros and cons of big banks, small banks, credit unions or should I use a mortgage broker?

Go with a local bank or credit union!
Build a relationship with bankers.

0 Votes

Quote from @Anthony Dooley:

If you go to the three day workshop for $500, they will try to sell you a more expensive seminar at the end. All of the "secrets" will be yours for $1500-3000. You will learn more by doing a deal and pay less for the knowledge.

😅😅😅😅😅

The real secret is you can read a book for $20 bucks and get more value!

0 Votes

The hardest part is not getting started

The easiest part is getting started

0 Votes

Originally posted by @Jay Helms:

@John Fulton - question for you. We sold our primary home last year and cashed out $115,000 in equity. That is after all closing costs were paid, including realtor fees. We purchased the home just 3 years before w/a minimum down payment and installed upgrades to the tune of approx $15k. Are you telling me I shouldn't have considered that primary home an asset or an investment? Because we now have the equity working for us, on our way to purchase 6 more units.

That is incredible equity appreciation✅

0 Votes

All Forum Posts by: Robert Ruschak

Robert Ruschak has started 4 posts and replied 63 times.

Post: Utility Bill Back (Gas and Water)

Post: 4 Unit Apartment Building with one Water Line

Post: Would you purchase strictly for cash flow?

Post: How much do professional pictures matter?

Post: What is the fastest way to scale up as a real estate investor

Post: Appliances walking off between final walk through and closing…

Post: Brrrr

Post: Should I pay to go to a Robert Kiyosaki workshop

Post: New Investor in Dayton OH - PhD Student, Military Officer

Post: Own or Rent Paradox: Your home is not an investment