EngeloRumora replied to the topic Back from living/investing in USA for past 7 years. Ask Me Anything in the forum Overseas Deals 3 years ago
I was just referring to fellow Aussie’s being together in the US and never catching up hehe
I’m still stuck here lol
EngeloRumora replied to the topic Back from living/investing in USA for past 7 years. Ask Me Anything in the forum Overseas Deals 3 years, 1 month ago
Looks like we missed each other in the US
I’m still here and plugging away lol
Also, moved for real estate
Fast forward 6 years and 500 deals later, time are good
Amazing opportunities here for those that want to work for them
Many pitfalls tho as it’s much shadier than in Australia
“Best time to buy is now and best time to sell is never”
If the property is producing cashflow without issues then just hold and buy more.
I’ve been based in the US for 6 years now and have done over 500 deals
Mostly renovating and selling but that was for the purpose of building up enough capital to buy and hold.
Cash is King and cashflow…[Read more]
Every single day I speak to many folks from all over the world including a ton of Aussie’s.
And you know what?
They all share one thing in common.
They got royally screwed by shady US real estate investment companies.
I really don’t want this to be YOU so make sure to do a ton of due diligence on the companies you are looking…[Read more]
EngeloRumora replied to the topic Dont pay to be taught how to wholesale in the United States in the forum Overseas Deals 4 years, 7 months ago
Good one mate, I have had quite a few Aussie’s reach out to me wanting to wholesale in the US from OZ.
My reply is “You are nuts” hehe
Even to this day and after 350 deals under my belt here in the US, I still sometime loose money.
It’s a different animal and it is pretty much impossible to make it work from afar.
Just my opinion :)
I have known Nathan on a personal level for years now and actually worked with him while Binvested was still in its infancy stages. I can comfortably say that even behind the scenes, Nathan genuinely cares about everyone’s success.
The operation he runs isn’t a money pinching gimmick and I think that his results speak for themselves.
His timing…[Read more]
I hope you’re all having a great start to the new year.
Just want to let you know that your favorite investor in foreign real estate (me lol), is going to be in Sydney for the first time after 3 long years.
March 1st – 9th
I’d be happy to catch up one day and share some pointers on what TO DO and what NOT TO DO when investing…[Read more]
Hey Dingo Daniel :)
Thanks for your comment.
Loyalty, Honesty, No Greed and Respect are 4 things I live by and how I like to run my business. I also look for these traits in others. Unfortunately its very hard to find all 4 in people. We all make mistakes and the only ones that don’t are the ones not doing anything lol
Thanks again and have a great day.
I always try to perceive every experience as a good experience no matter how bad it might seem at first.
We learn more in times of trails than triumphs.
Thanks again and have a great day :)
Here is a fun read for all of my fellow Aussie investors.
I have been living and breathing the US real estate market for over 3 years.
With over 100 buy, fix and flips under my belt I still managed to loose $25,000 on this deal even tho it was located within a 2min walk from our HQ here in Toledo, Ohio.
Please read my story…[Read more]
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