Angelo Rumora

Founder & CEO, Ohio Cashflow · 1 appearance on the record.

computed by AI from the episodes · how this works → · full disclaimer →

founderinvestorexecutiveauthorathlete@engelorumora ↗engelorumora.com ↗Wikipedia ↗

After starting out in Australia, Rumora relocated to the United States to build turnkey property investment operations, acquiring, renovating, and selling hundreds of residential properties to passive investors. He founded Ohio Cashflow—which earned repeat spots on the Inc. 5000 list—and co-founded property management firm Oz Realty.

7statements → 4claims → 1claims resolved → 4/5average certainty → 1.43/5average debate potential →

0 supported 0 partly supported 1 contradicted 3 not checkable as stated how the 4 claims stand · each chip opens the sources

4 assertions · 3 disclosures · every statement was checked. The predictions and assertions are the 4 claims: statements the public record can support or contradict. 1 is resolved, and 3 name no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

The record, in short

What the tape says about how Angelo argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

Their most notable contradicted claim

Assertion Contradicted
Rumora acquired Australia's cheapest house by submitting daily lowball offers
“And that is how I bought Australia's cheapest house, by implementing that strategy of hustling and submitting those offers every single day.”
Angelo Rumora Mar 7, 2016 ▶ 13:17 The Right Way to Do Real Estate with Engelo Rumora Episode 194

How they sound: not measured why? →

We measure speaking style by listening to the audio itself, and a fair number needs at least 2,000 words from one person on tape we have measured. There is too little of Angelo Rumora on measured tape to publish a rate. This says nothing about how they speak.

Everything Angelo Rumora said on Top Founders that made the record, most notable first. Filter by type, assessment or year in the ledger →

Disclosure
Rumora lost money monthly on mortgages during early portfolio expansion
“So what nobody actually knew at the time, mate, is I was losing money On the mortgage repayments every single month. Okay. And I was hoping that my portfolio would go up in value more than I was actually losing on my monthly repayments.”
Angelo Rumora Mar 7, 2016 ▶ 3:43 The Right Way to Do Real Estate with Engelo Rumora Episode 194
Assertion Not checkable as stated
Rumora leveraged $50K into a $1.5M property portfolio in six months
“I had 1.2 million dollars in debt at the time. My portfolio was worth 1.5, something like that, and I did that in six months time.”
Angelo Rumora Mar 7, 2016 ▶ 7:31 The Right Way to Do Real Estate with Engelo Rumora Episode 194
Disclosure
Rumora nets $15,000 to $20,000 annually across three personal rental properties
“Okay, look, I've got two two-bedroom, one-bathroom homes, they're getting 800 dollars per month in rent, and I've got one three-bedroom, one-bathroom home that's getting 900 dollars per month in rent. I own the property management. Yeah, 1700 per month. It's a…”
Angelo Rumora Mar 7, 2016 ▶ 10:27 The Right Way to Do Real Estate with Engelo Rumora Episode 194
Assertion Not checkable as stated
Ohio Cashflow averaged $20K to $30K net profit on January closings
“We have closed. Seven deals this year. Okay. Approximate profit after, after all expenses are taken into consideration is going to be around 20 to 30,000 dollars profit per deal.”
Angelo Rumora Mar 7, 2016 ▶ 10:55 The Right Way to Do Real Estate with Engelo Rumora Episode 194
Assertion Contradicted
Rumora acquired Australia's cheapest house by submitting daily lowball offers
“And that is how I bought Australia's cheapest house, by implementing that strategy of hustling and submitting those offers every single day.”
Angelo Rumora Mar 7, 2016 ▶ 13:17 The Right Way to Do Real Estate with Engelo Rumora Episode 194
Assertion Not checkable as stated
Rumora: Ohio Cashflow operates two offices with 10 full-time staff
“We're a multi-million dollar turnkey real estate investment company. Literally right now, mate, I've got all of my funds tied up in 20 plus real estate transactions, ok? So I've only got a handful of properties in my own portfolio because I'm busy servicing ot…”
Angelo Rumora Mar 7, 2016 ▶ 9:06 The Right Way to Do Real Estate with Engelo Rumora Episode 194
Disclosure
Rumora: Ohio Cashflow Targets 250+ Deals in 2016
“My goal and our company's goal and my business partner's goal for this year is to do 250 plus deals.”
Angelo Rumora Mar 7, 2016 ▶ 11:27 The Right Way to Do Real Estate with Engelo Rumora Episode 194

Appearances (1)

EpisodeDateSpeaking time
The Right Way to Do Real Estate with Engelo Rumora Episode 194 Mar 7, 2016 10m
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 2,600 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.