Jan 14, 2021
Rich Groves has
been in the corporate training field since 1999. He absolutely
loves helping people develop the skills to maximize their
professional success. Rich trains individuals on technical skills,
as well as "soft" skills to reach their goals and realize their
In 2005, his corporate career saw a major curveball. As a
result of a merger, his job transitioned to a new metro area.
Instead of uprooting his family, he and his wife decided to stay
planted in the greater St. Louis area with their extended family
nearby. As a result, Rich found himself without a job and turned to
real estate investing. Completing his first "rehab and flip" in
late 2005, Rich felt the rush of what real estate investing could
do for people, families, communities and in 2012, Rich and his wife
started looking into formal real estate investing education and
started their own real estate investing company, Metro STL Homes,
LLC in early 2013.
It took Rich 8 months to breakthrough his analysis paralysis
to complete his first real estate investment transaction, but he
hasn't looked back since.
Rich made a move back to the W2 with a rewarding, full-time
job as a Firm Trainer at a major law firm, and he and his wife have
raised two boys, the younger of which will be going off to college
in the fall.
Rich has performed on over 50 real estate transactions from
assignments to rehabs to building a rental portfolio. He currently
owns 7 rental properties and has a goal for 2021 to bring that
total to 15.
EPISODE SPONSOR: BANK ON YOURSELF
CONNECT WITH RICH:
- Immediate transition from W2 to Flipping REI
- Getting Wife Over Hump of Being Averse to The Risk
- Does Todays Market Remind You of 2006-2007
- 2nd Transaction was Harder for Wife
- Being Pushed Over Analysis Paralysis
- Networking during COVID
- OFF THE WALL
Links mentioned in this episode: