Kenny Rushing – The Investor Kenny Rushing
Kenny Rushing – The Investor
In 2009 when the US real estate market crashed and many investors were calling it quits, savvy-minded Rushing saw an opportunity and formed the Rush Capital Fund to acquire and dispose of bulk real estate owned (REO) homes and non-performing notes from distressed banks. Kenny recognized that the record number of bank failures and over 3 million foreclosures filings during that period made it an ideal time to build a business model to harvest the opportunities delivered by these economic events. This model would prove to be successful; between 2009 – 2015 Kenny ‘flipped’ hundreds of homes to investors.
Building on the success and lessons learned from his previous business ventures, in 2016 Rushing went on to form Kenny Rushing Homes, LLC. in order to re-focus his attention on the acquisition and disposal of single-family homes. When it comes to buying real estate, we have all heard the mantra, “location, location, location”, but to this Kenny adds, “timing, timing, timing”. Rushing believes that the key to successful real estate investing is paying close attention to economic indicators, making adjustments and using the right real estate strategy at the right time to minimize risk and maximize profitability.