Rommel Romero is no stranger to the real estate business. As co-owner and project manager of SmartReno Property Services, he knows what it takes to successfully renovate an investment property. Investing in himself is the foundation of his success. “I have always believed in investing in yourself by never waiting to be taught or invited to learn. Education is critical in every aspect of life. In regards to real estate, it’s a proven way to make long term wealth and a firm foundation for one’s family.”
Here at Auben we are proud to serve all types of people, from many backgrounds and schools of thought. From brand new investors purchasing their first property to seasoned ownership groups who are ready to expand their investment portfolio rapidly, we have strategies that are founded in experience and backed by our commitment to your success as an investor!
We also believe in sharing wisdom among investors. Keeping reading and you might just learn something new!
Here with tips and insight, is Rommel Romero II, Real Estate Investor
Q: Who was your first business mentor?
A: My oldest brother, Chris Romero
Q: Who was your first real estate mentor?
A: Chris West
Q: How many properties do you own?
A: None….YET. It’s one of my 2021 Goals!
Q: When did you start investing?
A: I haven’t invested in any property yet, but I started investing in myself as early as I can remember.
Q: Why do you invest?
A: I have always believed in investing in yourself by never waiting to be taught or invited to learn. Education is critical in every aspect of life. In regards to real estate, it’s a proven way to make long term wealth and a firm foundation for one’s family.
Q: What is the best advice you have received?
A: Your only limitation in life is yourself.
Q: What is the best advice you could give a new investor?
A: Have an appropriated scope of work if you are seeking multiple estimates. The more detailed, the better. This keeps everyone in agreement of what is to be facilitated on a project and keeps accountability across the board. Make sure the estimate matches the scope of work.
Q: What is the most valuable lesson you have learned in real estate?
A: Do your research and don’t overpay for a property if the projected short/long term gains are not there.
Q: Is there a place for you where time slows down?
A: In the moment when I have in-depth conversations with friends or loved ones.
Q: What is a must-read book you would recommend?
A: What Radical Husbands Do by Regi Campbell. It’s a great read and not just for husbands.
Q: Do you have any hobbies?
A: Building furniture, though I don’t have much time these days.
Q: If I were a member of a music group, it would be with_________.
A: Not really a “group”, but I would like to be a part of the process with Dermot Kennedy.
Q: Do you have a favorite podcast?
A: Ed Mylett
Q: If you weren’t investing in real estate you would be_______.
A: …doing exactly the same thing I’m doing now: assisting investors with inspecting, scoping, estimating, and managing renovations from start to finish.
Q: If you were to start over_______.
A: Though I believe every day we have that opportunity, if I HAD to choose when to start over, I believe I would possibly start over by re-enlisting in the Army, instead of getting out. Then again, the good or not so good decisions are what shape us to become who we are in life. So with that I will say, I am pretty happy where I am in life.
Q: When / how were you introduced to Auben?
A: I believe it was 2015, I had my first opportunity to facilitate a renovation on a property for Auben. It was was during my first business venture.
Q: I am happy I chose Auben because _______.
A: Though I don’t have any investment properties with Auben. They have been a great business partner to work with. The trust and respect for each other has been a growing part of both of our businesses. Plus I know they have the same relationship with all of their clients as well.