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All Forum Posts by: Ruchit Patel

Ruchit Patel has started 5 posts and replied 378 times.

Post: Rental Investing Mentor?

Ruchit PatelPosted
  • Bay area, CA
  • Posts 383
  • Votes 305

I agree with Scott. If you look enough around, you will find old/wise guys willing to feel proud of your success. 

Many times people have something to sell or they are trying to make money out of you, so it gets trickier to get proper advice. Nowadays, social media is filled with scammers. 

For general questions related to finance or economics or tax or real estate, I can help too. Feel free to message me. I am not a real estate professional neither I have anything to sell. Naturally, I enjoy educating. 

Post: Out of State Investing

Ruchit PatelPosted
  • Bay area, CA
  • Posts 383
  • Votes 305

I am also from California and I do out-of-state investing. If you want to connect and know my story, message me.

--Ruchit

Post: Path to becoming an investor

Ruchit PatelPosted
  • Bay area, CA
  • Posts 383
  • Votes 305

If you are looking to learn as much as possible, volunteering to help local companies after your job hours is the best way to go.

If you are looking to make more money passively, having a good, trustworthy turnkey provider is the way to go. Then you are a pure investor.

What's your goal/preference?

--Ruchit

Post: Newbie (no doors yet)

Ruchit PatelPosted
  • Bay area, CA
  • Posts 383
  • Votes 305

Either you can do everything on your own by spending countless hours, or find a good mentor to lead you for the first couple of deals. Both routes work. 

I would be happy to answer a few questions over the phone if you need. I think, in the beginning, it's more about mindset and less about knowledge. Knowledge is easy, but having a proper mindset is hard. 

Post: Cash flowing areas like Rochester, NY and Cleveland, OH

Ruchit PatelPosted
  • Bay area, CA
  • Posts 383
  • Votes 305

If you are looking for higher cash flow, have you thought about turn-key properties in the midwest?

Post: Newbie that’s in analysis paralysis

Ruchit PatelPosted
  • Bay area, CA
  • Posts 383
  • Votes 305

That's a significant amount of money already. Keep it up. If you are looking to invest it passively, that's possible with having a good team. If you are looking to house hack, that's possible too. 

Post: Aspiring real estate investor/Quality of Life question

Ruchit PatelPosted
  • Bay area, CA
  • Posts 383
  • Votes 305

It's all subjective, people define their freedom differently. 

In general, yes, if you have a good team managing your houses, and if cash flow is more than your life expense, you can literally control what you do with every hour of your life.

Anyhow, would you mind telling me what's your life goals?

Post: First time RE; OOS looking at long term in Atlanta

Ruchit PatelPosted
  • Bay area, CA
  • Posts 383
  • Votes 305

There are two ways to go: either you spend countless hours doing it on your own, or better find an experienced team/person who is willing to lead and teach at the same time. You will be surprised how many people are willing to educate for free. 

Message me and we can connect, once I understand your preferences and future goals, I can connect you with some of the mentors I have. 

Post: Newbie investor seeking advice

Ruchit PatelPosted
  • Bay area, CA
  • Posts 383
  • Votes 305

Message me and we will connect. I know the perfect team that has been helping non-US people to invest in the USA, completely passively. From lawyers to tax, to property management, they take care of everything. 

Would you like to connect with them?

Post: Positive ROI hard to find in Toronto

Ruchit PatelPosted
  • Bay area, CA
  • Posts 383
  • Votes 305

Highly populated with high-paying jobs will have that problem of not having cash flow, same in silicon valley, Manhatten, LA, etc.

If you have enough money to buy $1.1M house, then don't count out the possibility of investing in the USA! Are you interested?