
Episode #135
How She Built a $2.5 Million Rental Portfolio in 2 Years (Investing Out of State)
Ruby left a 20+ year corporate finance career and built a $2.5 million rental portfolio in just over 2 years: 9 properties in Cincinnati, all while living in Los Angeles. In this Sensei Session, she walks through BRRRR #8, a deal she almost turned down. It created $100K in equity, appraised $70K higher than she expected, and took about 15 hours of her time. She never saw the house in person. If you live in an expensive market and have wondered whether investing out of state can really work, this is the conversation that makes it real. 00:00 — Meet Ruby 01:03 — From Corporate Finance to Real Estate 02:43 — Why Cincinnati? 04:52 — What Helped Her Scale 06:18 — Inside BRRRR #8 07:15 — The Original Numbers 07:40 — The $370K Appraisal 08:36 — Creating $100K in Equity 09:40 — Why She Only Cashed Out 65% 10:43 — $350+ Monthly Cash Flow 11:38 — Breaking the 1% Rule 12:39 — The Appraisal Package 14:17 — 15 Hours, Fully Remote 15:43 — Building the Right Team 16:18 — Ruby’s Biggest Takeaway ___________ Resources: - Get a copy of Accelerate Your Real Estate - https://a.co/d/bdW6j7K - Book a Call - http://www.openspacesacademy.com/bookacall?utm_source=youtube&utm_medium=organic&utm_campaign=video1 - Exact 5-day Blueprint One Property Away Challenge - http://onepropertyawaychallenge.com?utm_source=youtube&utm_medium=organic&utm_campaign=video1 - Join Our Tuesday Live Call: https://openspacesacademy.com/live?utm_source=youtube&utm_medium=organic&utm_campaign=video1 Connect with Palak and Niti • Website: https://www.openspacesacademy.com/?utm_source=youtube&utm_medium=organic&utm_campaign=video_name • Instagram: https://www.instagram.com/openspacesacademy/?utm_source=youtube&utm_medium=organic&utm_campaign=video_name https://www.instagram.com/openspaceswomen/?utm_source=youtube&utm_medium=organic&utm_campaign=video_name • Facebook: https://www.facebook.com/openspacesacademy?utm_source=youtube&utm_medium=organic&utm_campaign=video_name • LinkedIn: https://www.linkedin.com/company/openspacescapital/?utm_source=youtube&utm_medium=organic&utm_campaign=video_name • YouTube: https://youtube.com/@openspaces1251?utm_source=youtube&utm_medium=organic&utm_campaign=video_name • TikTok: https://www.tiktok.com/@openspacesacademy?utm_source=youtube&utm_medium=organic&utm_campaign=video_name https://www.tiktok.com/@openspacesacademy?utm_source=youtube&utm_medium=organic&utm_campaign=video_name Disclaimer: This video is for educational and informational purposes only and does not constitute financial, legal, tax, or investment advice. Ruby's experience and results are specific to her individual circumstances. They are not typical and are not a guarantee of future results. Real estate investing involves risk, including the potential loss of principal. Always do your own due diligence and consult a licensed professional before making investment decisions.

