Investing With Purpose: Finding Fulfillment Beyond Material Wealth With Engelo Rumora

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In this captivating episode Suja interviews Engelo Rumora a former professional soccer player turned real estate investor who has built a successful business in Toledo Ohio Despite quitting school at the age of 14 Engelo s passion hard work and determination have led him to flip over a thousand properties and establish a thriving property management company He shares his journey the challenges he faced and the lessons he learned along the way Engelo also discusses his investment philosophy the importance of sticking to what you know and the value of creating a business that serves a greater purpose than just personal gain Engelo Rumora is a prominent real estate executive investor and CEO known for his remarkable achievements in real estate investments as well as his diverse entrepreneurial ventures spanning various industries With a global portfolio encompassing countries such as the Bahamas Croatia Japan Australia and the USA he has demonstrated a comprehensive understanding of investment strategies Engelo s expertise extends beyond real estate to include tech crypto stocks and oil funds He is the driving force behind several successful companies primarily in the real estate sector having experienced both setbacks and triumphs Engelo s enduring commitments are Ohio Cashflow a leading turnkey property provider and Oz Realty a renowned property management firm His career has seen involvement in over 1 000 real estate transactions including flips and buy-and-holds 00 00 00 – 00 04 00 From Soccer Pitch to Real Estate Riches – Engelo s journey from quitting school at 14 to become a professional soccer player – The decision to leave soccer and start a new career in real estate – Building a portfolio in Australia and the challenges faced 00 04 00 – 00 09 00 Discovering the Toledo Ohio Market – Why Engelo chose to invest in Toledo Ohio – The benefits of investing in a tertiary niche market – Explaining the business model of flipping and property management 00 09 00 – 00 14 00 Mastering the Art of Property Management – The initial struggles and mistakes made in property management – Streamlining processes and incorporating technology to improve efficiency – The importance of having in-house property management for a successful turnkey business 00 14 00 – 00 19 00 Investing Beyond Real Estate – Engelo s experiences investing in various markets worldwide – The advantages of investing in the U S compared to other countries – Diversifying investments while maintaining a focus on core competencies 00 19 00 – 00 25 00 The Purpose Behind the Grind – Engelo s semi-retirement at 28 and the realization that material possessions don t bring happiness – Doing business for the benefit of family and loved ones – The importance of having a purpose greater than oneself to stay motivated Quotes Food and shelter are the two most important things to humanity So for as long as Elon Musk doesn t send us to Mars people are always going to need a roof over their head – Engelo Rumora If you do things for you you will eventually let yourself down because you aren t enough to continue the grind But if you do things for someone else that s blood related or a bigger purpose than yourself you won t give up – Engelo Rumora Connect with Engelo Website https ohiocashflow com WANT TO LEARN MORE Connect with me through LinkedIn Or send me an email at sujata luxe-cap com Visit my website www luxe-cap com or my YouTube channel Thanks for tuning in If you liked my show LEAVE A 5-STAR REVIEW like and subscribe Click here to visit this podcast episode