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BiggerPockets Real Estate Podcast

89: From High School Dropout to 300+ Real Estate Deals with Engelo Rumora

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.816.5K Ratings

🗓️ 25 September 2014

⏱️ 73 minutes

🧾️ Download transcript

Summary

Looking to be inspired? Today on The BiggerPockets Podcast we sit down and chat with Engelo Rumora, a real estate investor with a fascinating story that involved dropping out of high school, playing professional soccer, and building up a massive real estate investment business across two continents! Don’t miss this incredible interview where we cover numerous topics ranging from getting started, flipping houses, networking with potential lenders, finding (and working with) mentors, running a growing business at a young age, and a lot more! In This Show We Cover: How Engelo got his start in Real Estate Investment The challenges of jumping in without formal education Valuable tips on effective networking The varied & diverse deals Engelo has made in his career so far Why he decided to move from Australia to the US Details on his first deal (and why he almost got killed because of it!) The 3 essential traits every investment partner should have How to avoid shady operators Tips on how to find the most promising properties How Engelo and his team finance their deals The keys to managing a business from a young age What he’s learned about building a brand and marketing a business Engelo’s vision for the future of his company And so much more! Books Mentioned in the Show Rich Dad Poor Dad by Robert Kiyosaki Think and Grow Rich by Napoleon Hill How to Win Friends & Influence People by Dale Carnegie Tweetable Topics “Formal education will you earn you a living, while personal development will give you a lifestyle.” (Tweet This!) “Many people are school smart, but life-dumb.” (Tweet This!) “No matter how many times you get hit, you just got to pick yourself up and keep going.” (Tweet This!) “Passion definitely inspires passion.” (Tweet This!) Connect with Engelo Engelo’s Personal Website Engelo’s Company Website Engelo’s BiggerPockets Profile Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is the Bigger Pockets Podcast, Show 89.

0:05.0

You're listening to Bigger Pockets Radio,

0:08.0

simplifying real estate for investors large and small.

0:11.0

If you're here looking to learn about real estate investing without all the

0:14.9

height, you're in the right place. Stay tuned and be sure to join the millions of others who have benefited

0:21.2

from bigger pockets.com.

0:23.6

Your home for real estate investing online.

0:26.4

What's going on everybody?

0:27.4

This is Josh Dorkin, host of the BiggerPockets

0:30.0

podcast here with my co-host Mr.

0:33.0

Brendan Turner.

0:34.0

What's going on Brandon?

0:35.0

What's going on Josh?

0:36.0

How are you?

0:37.0

Good to be back home?

0:38.0

It is good to be back home.

0:39.0

It is, it is.

0:40.0

Yeah, for those of you who don't know Brandon and I were just in

0:43.4

Nollands now and you orlands for a conference and got to spend a few days

0:49.8

together in person which is always fun if you're Brandon and always scary if you're me but

0:54.8

I had a good time yeah we met with a lot of you know financial writers and stuff and

1:00.4

had a really enjoyable time walking up bourbon streets so that's a crazy area.

...

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