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All Forum Posts by: Ruchit Patel

Ruchit Patel has started 5 posts and replied 377 times.

Post: New Member to Bigger Pockets

Ruchit PatelPosted
  • Bay area, CA
  • Posts 382
  • Votes 304

what's your goals and have you been looking into anything to invest?

Post: Advice on getting started...

Ruchit PatelPosted
  • Bay area, CA
  • Posts 382
  • Votes 304
Quote from @Kyle Sosnowski:
Quote from @Ruchit Patel:

Have you thought of turnkey investment to start out journey in real estate?


 I would assume it would be quite difficult to begin as a turnkey investor. Do you have any immediate recommendations as to why *you* recommend TurnKey for starting up?


 Yes, absolutely. Feel free to message me, we can reconnect personally.

In-general, it's harder to reinvent the wheel then simply finding people who have invented and mastered the art of wheel. So, that's how I started. 

Post: 5% cash on cash ROI - better to start out anyway or wait

Ruchit PatelPosted
  • Bay area, CA
  • Posts 382
  • Votes 304

If a deal has future potential because of good area, then yeah, don't let less CoC be the reason to give up on a good deal.

Post: New Investor in SWFL - how to find deals and contractors

Ruchit PatelPosted
  • Bay area, CA
  • Posts 382
  • Votes 304

I know an experienced constructor there if you are looking for a new build.

Post: Advice on getting started...

Ruchit PatelPosted
  • Bay area, CA
  • Posts 382
  • Votes 304

Have you thought of turnkey investment to start out journey in real estate?

Post: Building a Team

Ruchit PatelPosted
  • Bay area, CA
  • Posts 382
  • Votes 304

do you need someone to help you full-time or you simply need a good expert to talk to once in a while?

Post: Michelle - Introduction

Ruchit PatelPosted
  • Bay area, CA
  • Posts 382
  • Votes 304

I think you can use a call with somebody who has been doing real estate for around a couple of decades such as @Zach Lemaster

If you are thinking about fixer-upper that means you have time to hustle and some experience to take on that big project. If that's the case, then what is your really question here?

Post: Finally have the means but don't know where to start...

Ruchit PatelPosted
  • Bay area, CA
  • Posts 382
  • Votes 304

Depending on your work-life balance, have you thought of starting out with buying turnkey properties? Instead of reinventing the wheel, enough people go that route to begin their investment journey.

If you are starting out, lot other things are more important on CoC returns. Peace of mind will comes from dealing with right deal and right people and right area, and not from high CoC returns.

20% CoC is not worth the headache it brings if deal or tenant or area turns out to be bad.