#107 - How To Earn Passive Income by 'Being the Bank' with Rick and Crystal Rumer

Send us Fan MailEver wish you could invest in real estate without dealing with tenants, repairs, or late-night calls? In this episode, Rick and Crystal Rumer share how they went from overwhelmed landlords to building a business that brings in steady, passive income, all by “being the bank.” They break down how they buy land and homes, set up notes, and help other investors earn 10–12% returns without the usual real estate stress. If you're a busy tech pro, doctor, or just short on time, this episode shows a smarter way to grow your money.Rick and Crystal Rumer are full-time real estate investors and founders of Texas Secured Notes. After starting out with rental properties and fix-and-flips during the 2008 housing crisis, they discovered the power of note investing — and never looked back. Today, they specialize in buying land and homes, creating owner-financed notes, and helping investors earn passive income through first-lien note purchases. With over 450 notes completed and a default rate under 5%, Rick and Crystal are passionate about helping others build steady monthly income while keeping things simple and secure. They’re also a husband-and-wife team, proud parents, and committed to making real estate work for both investors and everyday families.Connect with Rick and Crystal:Website: https://www.texassecurednotes.com/LinkedIn: https://www.linkedin.com/in/therealrick/                 https://www.linkedin.com/in/crystal-rumer/Email: [email protected]            [email protected]: (817) 845-6764             (907) 342-2214Episode highlights:(0:00) Intro(1:24) Who are Rick and Crystal Rumer?(2:03) Leaving corporate America during the 2008 crash(4:07) Crystal and Rick’s background in finance and sales(9:19) What “being the bank” really means(14:15) How they buy, subdivide, and sell land on terms(20:02) The power of creating and selling notes(25:52) Why land buyers make reliable borrowers(30:39) Getting started: minimums, returns, and process(40:50) Who is this for?(46:29) Where to find Rick and Crystal(47:16) Outro—Share this with your tech friends who you think would benefit from learning about passive income and alternative real estate investments. For more resources and guides, check these out:Crack the Code https://www.aritacapital.com/crack-the-code/Investor 101 https://www.aritacapital.com/investor-101-resource/Due Diligence Resource https://www.aritacapital.com/dd-checklist-resource/If you want to learn more, reach out at:Email: [email protected]:  https://www.linkedin.com/in/aritasteven/IG:  https://www.instagram.com/the.real.arita