In today’s episode of Passion for Real Estate Investments, Founder of RealEstateInvestor.com, Gary Boomershine, talks about his journey into real estate investing.
At the age of 18, even before graduating high school, Gary obtained his real estate license. He then went into a career in corporate America as a computer engineer before founding RealEstateInvestor.com in 2005. He has since grown his company into the largest marketer in the real estate niche.
How has Covid guided Gary’s strategy? Hear about the benefits of investing in real estate, the importance of having a lifestyle business, diversifying his strategy, focusing on passive income, and finding your ‘why.’
If you want to get into real estate investing, or you want to create passive income, or you want to attain the perfect lifestyle, this episode is for you.
Highlights from the interview
- “Real estate is a long-term game.”
- “Real estate is the vehicle to give us financial freedom and a life, if it’s done right.”
- “The passive income is where the money is.”
- “Most people get lost because they want to get into real estate for passive income, yet they create a job.”
- “Don’t fall in love with the property. Fall in love with the cashflow.”
- “Every one of us is 7 houses away from complete financial freedom.”
About Gary Boomershine
Gary Boomershine founded RealEstateInvestor.com in 2005 out of the need to scale and grow his own real estate investing and home buying business. With a family legacy in the real estate niche, and a long successful career in enterprise and emerging technology markets, Gary saw the vision for RealEstateInvestor.com. He saw the glaring opportunity to leverage people, processes and technology to gain a leg up in a changing and competitive marketplace. As he worked to develop and use the initial product and service, he saw in his real estate business flourish by allowing him to work smarter – not harder and focusing on the one thing that makes money – talking to sellers and making offers. That’s when RealEstateInvestor.com began offering it’s flagship product, Services Done-For-You, to the savvy investor market.
According to Gary, “Most small real estate enterprises limit their growth and many times fail because they lack real marketing and sales expertise along with the infrastructure to scale their business. Instead of being able to focus on closing deals and maximizing profits, they hit a wall trying to build and do everything themselves; and they simply can’t do it! RealEstateInvestor.com caters to top producing agents, investors and smaller hedge funds who are looking for a competitive advantage in their local markets. Under the leadership of Gary Boomershine, this service has launched a “technology revolution” within the real estate niche; offering an alternative to the MLS by bringing pre-screened motivated sellers and buyers face to face at the right time.