About

Rodney Ross

In 2009 my college roommate handed me a book called "Rich Dad, Poor Dad" one night while we were talking about life and business. I was a sophomore in college at Drexel University, working a 6 month co-op job between semesters, and looking to scratch my entrepreneurial itch that a Business and Engineering degree wouldn't satisfy.

I read the entire book back to back in one sitting. Two weeks later I walked into my boss's office and told him I was quitting my job to figure out how to buy real estate. I had signed an agreement to work for six months so leaving sixty days early wasn't something that was allowed - and it could have led to paying for an extra semester at school if things went wrong.

My boss looked at me and did something I never imagined. He handed me the phone number to a local real estate investor and gave his blessing for me to leave. 30 days later, I bought my first single family property in Southwest Philadelphia from that same guy. It was a pivotal point in my life.

Nothing went right with that property and I learned many valuable lessons. I never collected more than $150 in rent from the tenant, didn't know how to handle 5 people living in the house that weren't on the lease, and the tenant died in the middle of the eviction process which left me feeling hopeless.

22 months later I met the owner at a notary office and deeded the house back to him. Our agreement was that he'd give me $1,000 cash back for my troubles. Instead of handing me the last $50 bill, he pulled it back and said it was to cover "transfer tax". I was so stunned and defeated that I couldn't even say anything. My total net loss was $10,000 - and most of that was borrowed as a student loan.

The next year I got my real estate license to learn how to do things the right way. Over the following decade I purchased dozens of 1-4 unit properties (mostly through partnerships) in Philadelphia and Camden aiming to build a rental portfolio. My largest project was Osage Pine, a 36-unit renovation in Cobbs Creek on the site of the 1985 MOVE Bombing.

In 2020, my view on real estate started to change. It seemed like no matter how many houses we had, our bank account would rise and drop to the same number every month. The real estate market was at an all time high, tenant laws in Philadelphia were starting to change in a bad way, and I felt like something needed to change.

I spoke with my business partner and we started selling off our small portfolio as fast as we could. It wasn't an obvious decision in the moment but I strongly believe now that we avoided being trapped in properties that would have not been great to own for another ten years waiting for the top of the market again.

Fast forward to 2026. I own two self storage facilities in that same partnership and have learned a tremendous amount about commercial real estate over the past five years. In the meantime I've been fortunate enough to start a family, become a father, and have a clearer vision now more than ever about what's important in life and business.

My greatest strength in real estate is the ability to find opportunities, quickly analyze them, and put complex transactions together. Underwriting commercial real estate can be much heavier than residential and there's often a lot more at stake which is why I enjoy it so much. Good judgment takes practice and a lot of work behind the scenes that is never seen.

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