How to Invest in Turnkey Properties Without Getting Burned | Engelo Rumora
EPISODE 388: A lot of people get burned when they start investing in real estate...
Especially when it comes to turnkey properties, which many wrongly believe are zero effort.
One of the people who gut burned this way is Engelo Rumora. But he didn\u2019t let that deter him from pursuing his goals. Instead, he learned from his mistakes, made smarter decisions in his next deals, and started helping other ambitious investors avoid the costly mistakes he made.\xa0
Today, Engelo is a passionate and visionary real estate entrepreneur who has been involved in over 1000 real estate transactions worldwide. He is the co-founder and CEO of Ohio Cashflow and Oz Realty, two successful companies that offer turnkey real estate solutions and property management services to investors in the US and abroad.\xa0
In our insightful interview, he shared everything you need to know about turnkey real estate investing, so check it out!
Without further ado, let\u2019s jump right in.
Key Takeaways:\xa0
- 00:00:00 Intro
- 00:02:13 How Engelo made his first dollar as a kid
- 00:05:18 Why he moved from Australia to Toledo, Ohio
- 00:08:01 Turnkey real estate
- 00:09:18 Getting burned by turnkey properties\xa0
- 00:15:20 Third-party property managers and attracting good talent\xa0
- 00:22:40 Burnout, entrepreneurship, and meditation\xa0
- 00:26:30 The future of real estate investing
- 00:29:33 Top 5 investing tips
- 00:31:09 Outro
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\u27a1\ufe0f Reach out to Engelo Rumora:
\u2022 Website: https://engelorumora.com/
\u27a1\ufe0f Visit https://reedgoossens.com/ and:
\u2022 Invest passively in multifamily real estate\xa0
\u2022 Get FREE access to my 100% Passive Real Estate Investment Masterclass
\u2022 Take a look at my portfolio
\u2022 Get FREE multifamily real estate resources\xa0
\u27a1\ufe0f Follow me on social media:
\u2022 LinkedIn: https://www.linkedin.com/in/reed-goossens-b2a6a933/\xa0
\u2022 Instagram: https://www.instagram.com/reedgoossens/\xa0
\u2022 Facebook: https://www.facebook.com/reed.goossens/\xa0
\u27a1\ufe0f Subscribe to my podcast:\xa0
\u2022 YouTube: @ReedGoossensREI\xa0
\u2022 Apple: https://apple.co/44MiDN7\xa0
\u2022 Spotify: https://spoti.fi/45fVIcR\xa0
\u2022 Stitcher: https://bit.ly/3OHHJqJ\xa0
\u2022 Soundcloud: https://soundcloud.com/investing-in-the-us\xa0
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Investing in the U.S. is a podcast for real estate investors and entrepreneurs who want to break into the U.S. market and grow their wealth!
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