Engelo Rumora
BiggerPockets.com
Toledo, OH, United States
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Discover and connect with journalists and influencers around the world, save time on email research, monitor the news, and more.
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Past articles by Engelo:
How to Ditch a Crappy Business Partner
Over the years, I’ve easily lost over $2 million working with the wrong people. So, for all of you in a partnership now, if it’s a toxic relationship, you may be going through turmoil. But you can’t have two cooks in the kitchen. Here's how to remedy the situation. → Read More
All Real Estate Strategies Requires Significant Money—Here's Why
One thing is for certain and that is this: If you want to play, you have to pay. And unless you have the money, forget about anything that I’m about to say. → Read More
3 Hidden Costs That Can Tank Rental Property Profits
Try to always underestimate your income and overestimate your expenses. Looking at the worst case scenario will help you mitigate the risk and succeed! → Read More
Never Compromise on 2 Things When Buying an Investment Property
If you always do these two things—without fail—throughout your real estate investing career, you will be successful. You will earn the amount of passive income you need to achieve financial freedom. So learn them, and commit to them. → Read More
4 Tough Situations That Can Make Real Estate Investing Painfully Hard
Let's talk about why investing in real estate can really suck at times. The good news is all these issues are within your control and solvable. Once you have all the elements you might be initially missing, your business will start flowing and making money. → Read More
Why Today Is the Best Time to Invest in Real Estate
I tell anyone interested in real estate investing pretty much the same thing: "The best time to buy a house is now, and the best time to sell is never." Here's why I think real estate is a safe bet regardless of market cycles and why I never have trouble finding deals. → Read More
What to Focus on When Saving to Invest: Spend Less or Earn More?
When starting out in real estate investing, is it more important to focus on being frugal or upping your income streams? Get insight here! → Read More
Which Real Estate Investments Provide True Passive Income?
In my opinion, true financial freedom and true passive income are when you never get that call from the tenant. So, how can you go about accomplishing something like that? → Read More
Real Estate Investing Without Formal Education or Business Knowledge
This one is for all of you underdogs out there. When I started my journey over 10 years ago, I didn’t know anything. In fact, I quit school at age 14, so I barely had any formal education. But I have succeeded in this business and you can, too. Here's the formula that will get you there. → Read More
3 Ways to Be a "Black Sheep" of REI (Don't Follow the Herd to Slaughter)
By being a black sheep and not following the herd, you'll be able to find opportunities first. By the time you see it on TV or read it online, it's too late to get ahead of the pack. Get in front of the crowd in your real estate investing business. → Read More
How to Invest $50,000 in Real Estate
You’ve proven to yourself that you can work hard and live frugally. You've saved up $50,000, and now you want to invest it in real estate and earn passive income. Here's what I think you should do—and should absolutely not do. → Read More
How to Find a Deal When Inventory Is Low
Today we’re talking about how to find a deal when inventory is low. Some of you guys are just out of luck, and I’ll tell you why. Because you’re looking in the wrong places. But for those who are seeking deals in comparatively reasonable markets, here's what I recommend. → Read More
Single Family or Multifamily? Where Should New Investors Begin?
Some real estate investors jump into multifamily (looking at you, house hackers)—or even syndications—right away. Others begin with single family homes, then transition to something else (or just stick with it!). What's best? Here's my opinion—take it or leave it. → Read More
3 Tips When Purchasing Your First Investment Property
Avoid beginners' mistakes by considering these three very important points before you purchase your first investment property. → Read More
The Hardest Business in Real Estate—Be Sure to Appreciate These Folks!
I want to open up your eyes to one of the toughest businesses in real estate and what goes on behind the scenes. Hopefully, you can then reach out to those individuals and give them the recognition that they deserve. That business is... → Read More
4 Tips to Avoid Overpaying for Your First Investment Property
If you think you’re an expert real estate investor just because you’ve read one article and saw one video—and now you’re going to go to the market and buy a property—you’ll probably lose your butt and pay too much. Follow this recipe instead, and you’re not going to overpay for your first property. → Read More
The No. 1 Strategy I Use to Find Bargain Properties
To date, I have been involved in closing several hundred real estate deals. THIS is the top strategy that I’ve used to find them. → Read More
The 4 Most Common Roadblocks to Investing in Real Estate
Inexperienced investors who are looking to get started in real estate—or even investors who have already bought a few properties—listen up. Ultimately, there are always going to be things that are going to set you back and make you adjust or change direction in this industry. And that's OK. You can still succeed. → Read More
Why I'd Choose Real Estate Over Stocks Any Day of the Week
In my opinion, bricks and mortar are a much safer and better investment than stocks. You get to touch it, you get to feel it, and you are in control of it! → Read More
You Should Never Sell Off Your Real Estate Portfolio, Unless...
For the most part, there is no real reason why you should sell your performing portfolio. Still, a few instances might motivate you to unload properties. → Read More