Engelo Rumora
I’m a big—no, huge!—anti-guru person. They are a real danger, especially to real estate investors who are just starting out and desperately trying to learn this business. Let me tell you a story to illustrate why I am so emphatic about this. I had a speaking engagement in Chicago recently, ...
Are You Focusing on the Real Money?
I see way too many investors on a daily basis trying to save money by, for example, managing their property themselves, because they don’t want to pay the 10 percent (or whatever the amount may be) to their property manager. Well, that is absolutely ridiculous! A good property manager is ...
3 Tips for Identifying a Good Long-Term Tenant
Anyone landlord knows it's essential to find the right tenant for your rental. Sure, it’s important to get somebody into your property so you can start generating rent. But if you don’t choose carefully, you could end up with someone who is habitually late on paying – if they pay ...
3 Red Flags in Evaluating Investment Property
A common question from many beginning investors is “How can I tell by looking at a property whether that is going to be a good investment or not?” First, let me say this: Most beginning investors should never ever, ever purchase a property that needs major renovations. Never purchase a ...
My Advice: Start Small, With Single-Family Investments
I was recently in San Francisco for a speaking engagement. After I had returned to my home and business in Ohio, we started getting a lot of calls. These calls were from people based in California who have some pretty deep pockets—like about $300,000 to $400,000 to invest—but a lot ...
How to Get a Property Tenanted In Less Than 30 Days
I am often asked how we get our properties tenanted so quickly. It’s because we focus on quality instead of quantity. First, we focus on buying a property in the right area, for the right amount of money and which needs the right amount of work. That makes the process ...
Five ‘Gotta-Have’ Tools for Real Estate Investors
We all love lists, right? And today I’ve got an awesome one for you—five great tools that I know can help you in your real estate investing. Tool No. 1: Think Realty Starting with the obvious: The first one is Think Realty Magazine. You’ve got to subscribe to the Think ...
‘Wantrepreneurs’ Have Ruined the Term ‘Entrepreneur’
I have said it many times in my videos and social media posts: the word “entrepreneur” is dead. Or useless, anyway. All the “wantrepreneurs” out there have seen to that. Now you’re probably saying to yourself, how can the word “entrepreneur” be dead? Well, it’s dead because of so many ...
Believe in Success—And it Will Come
This blog post is a little more philosophical than usual, but I really believe in this as a key to reaching success—whether that’s in your real estate investing, or in life in general. What I’m talking about is the “law of attraction,” which is, quite simply: what you think, you ...
Associate With the Best, So You Can Be the Best
Today, I want to address a question that I get a lot: Is it important to your business success that you have a mentor? From my standpoint, mates, the answer is “Yes.” And, “No.” Let me explain: Absolutely, you want to associate yourself with successful people of good character and ...
Key to a Great Team: Hire Slowly and Fire Quickly
When you realize someone on your team is a bad fit or you otherwise need to cut ties with them, how do you do that? One word: Quickly! That conclusion is the result of a lot of heartache I have endured—but also have learned from—in hiring and firing over 20 ...
Teamwork Makes the Dream Work, and it Starts With a ‘Magic Question’
You know what really ticks me off about most of the investors I deal with? (And I’m putting that nicely, believe me!) And I speak to a lot of investors on a daily basis, from all over the world—from the East Coast, West Coast, the UK, Canada, Australia and Asia ...
4 ways to commit to a buy-and-hold real estate investing style
Why do we invest in real estate? We invest in real estate to supplement the current income from a job we do not want to be working in. Or, even if you love working in your current job, it is still awesome making money before you get out of bed ...
3 reasons to quit your day job and invest in real estate
Many people seek real estate investing for various reasons. Here are the three major reasons that I’ve come to find why most people quit (or decide to replace) their day jobs with real estate investing: Reason No 1: Because working for someone else... STINKS “If you don’t build your dream, ...
3 reasons to quit your day job and invest in real estate
Many people seek real estate investing for various reasons. Here are the three major reasons that I’ve come to find why most people quit (or decide to replace) their day jobs with real estate investing: Reason No 1: Because working for someone else... STINKS “If you don’t build your dream, ...
Where real estate investors should look in the second half of 2015
G’Day Mates, It’s Engelo Rumora here, your favorite Australian and The Real Estate Dingo. Here is my opinion on the current market conditions and what you should look for in the second half of 2015. What real estate investors should look for in the second half of 2015 Many of ...
My success in real estate is due to copying the right cat
G’day, everyone! It’s your favorite Australian and The Real Estate Dingo, bringing you another great blog about the KEY strategy that I used when I first started out in real estate and that I continue using to this day. As many of you may know, I’m a huge believer in working ...
How to overcome the top 3 obstacles real estate investors face
Here are the top 3 obstacles that real estate investors face and how to overcome them. No. 1 - I can't pay for deals with good looks! Or, great deal but no money! This is a common obstacle I see among many investors. I suggest starting off by tapping into your ...
3 traits that will clear the air about turnkey real estate investing
G’day, Mates! It’s Engelo Rumora, your favorite Australian, today sharing my opinion on the key traits that any genuine turnkey real estate company should possess. As I’m sure you’re aware, turnkey investors have a quite a stench about them. And by that, I mean there is a well-known stigma about ...
8 ways to work better in business and life with your significant other
G’day everyone! Engelo here, your favourite Australian! On this week’s blog I’m giving it a twist by getting down and personal. You see, quite often I’ve been asked how do I do it? And my answer simply is: because I’m awesome. Haha- ok, ok jokes aside. How am I able ...
2 reasons to quit your 9-to-5 job and invest in real estate
Many people seek real estate investing for various reasons. Here are the two major reasons that I’ve come to find why most people quit (or decide to replace) their day jobs with real estate investing: Reason No 1: Because working for someone else… STINKS “If you don’t build your dream, ...
3 traits that guarantee success in business and in life
As many of you may or may not know, I’m crazy. Literally. I’m a bit nuts. I’m extreme, loud, obnoxious, and one rude Aussie. I’m often known for being too “intense” and “full-on”. These traits are all true to the very “T”, but allow me to share with you my ...
3 traits that helped me buy Australia’s cheapest house
With housing prices among the highest in the world, can you imagine acquiring Australia’s “cheapest house?” Seems a challenging feat – but that is exactly what I did! Some might say I accomplished this with pure luck. But if you know me at all, you also know that the word ...
3 property classes to remember when you invest
Real estate experts and investors share many different views when it comes to ranking property and area classes. Most will rank them on a general scale of Class A through Class C. Others will be a bit more particular and grade them from Class A through Class F. I prefer ...
3 tips for building your brand in real estate investing
This week I want share with you some ideas on brand building. You may say that you’re an individual and don’t have a brand, but that is not the case. I assure you that you do. Whether we have a company structure or work alone, each of us has our ...
