All Forum Posts by: Ruchit Patel

The best way to learn can be learning by doing it. 

In the beginning, maybe, you can buy small properties with a turnkey provider, buy & hold it, enjoy the passive cash flow, and learn from them. 

If you are not experienced, out-of-state BRRRR can be extremely tricky/challenging. One small mistake and you can lose money in this high-interest rate market.

I would buy turnkey properties in midwest, let it cash flow, and enjoy passive money. 

As long as you can find a good deal where you don't lose money and the city keeps growing in the future, no need to worry about market conditions. 

$100,000 is a good sum of money. Congratulations on that. You can buy two small properties in two different cash-flowy areas via a turnkey provider with a $40,000 down payment for each. 

That's what I would do. 

I can talk about my experience with RTR. It's been more than two years I believe since I am connected with them. DM me and we can connect. 

If you are looking into passive turnkey investment out of state, yes, they are pretty good at that. 

I am from the bay area of California and I was in the same boat. No net positive deals here and too expensive. So, I decide to invest out of state turnkey provider. That's what I would recommend. We can talk more if you wish. 

Market conditions are quite tricky for flippers. So, I hope you are willing to put in the hustle and do things perfectly. Otherwise, you can simply buy turnkey in Ohio and enjoy the passive cash flow. and learn to invest by doing it. 

If you did put lot of work like you are saying, did that increase the of the house significantly? 

If yes, why not sell, 1031 exchange to save tax in gains, and then buy cash flowy turnkeys or airbnbs in Florida!! 

That's what I do. 

If you want pure passive investment, you can't go wrong with buying good turkey properties in Florida. That's what I do. 

Yes, California is not the place to find cash flow. I live in the bay area of California. I know that feeling.

Yes, turnkey providers such as Rent To Retirement are one of the best ways to passive income.

Instead of reinventing the wheel, I decide to invest with them, around 2 years ago. If you want I can discuss my experience with them in detail. 

The best way to learn something is by doing it. I like your idea of putting $30K down to get 10% coc and learning the process. 

How the H*** you are getting $800 cash flow on $135,000 property! Love it, if there is no catch!!