Wealthy Way SHOCKING: His First Real Estate Deal Netted $50,000 PROFIT?! | Rob Rowsell
Jun 4, 2025
Rob Rosell, a former auto shop owner turned real estate mogul, shares his remarkable journey from homelessness and addiction to building a $100 million real estate empire. He recounts his first $50K wholesale deal and the valuable lessons learned in active income and investment strategies. Rob also discusses the challenges of securing insurance in disaster-prone areas and the importance of mentorship. His mission work in Mexico highlights the fulfillment of giving back, while he emphasizes the transformative power of faith and community in his life.
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$50K Profit First Deal
- Rob Rosell made $50,000 profit on his first wholesale real estate deal in San Diego.
- He initially flipped houses and wholesaled before holding rentals to build his portfolio.
Importance of Return on Equity
- Return on equity is a critical metric often overlooked by investors.
- It drives decisions to sell or trade assets for better cash flow opportunities.
Rental Concessions Explained
- Concessions like move-in specials temporarily reduce rents to fill apartments fast.
- This approach protects property value by backing to regular rents once units are filled.
