Smart Agents magazine April 2024

p Jumpstart Your Retirement: Tips for Growing a Passive Investment Portfolio Patrick Grimes, a real estate investor specializing in assisting busy professionals to diversify their investment portfolios and include non-correlated investment opportunities, was recently featured as a guest on the Smart Agents podcast. In addition to his other accomplishments in the real estate industry, Patrick is the founder and CEO of InvestOnMainStreet. com and the co-author of the book, Persistence, Pivots and Game Changers, Turning Challenges into Opportunities, an Amazon bestseller. Patrick first got involved in real estate investing back in 2007, but it wasn’t a path he foresaw himself taking as he was growing up. He describes himself as “your unsuspecting real estate investor” who was “a geek as a kid” with a fascination for “playing with Legos, taking apart VCRs (if you remember what those were), and making electronics up and [throughout] high school.” In college, he decided to become a robotics engineer because he was still intrigued by what design and automation could accomplish across a range of industries. The first company Patrick was employed by was a machine design firm specializing in manufacturing automation. The owner of that business, Dave Karlberg, started investing in real estate with Patrick back in 2007 and still does to this day. Dave once revealed to Patrick that “his only regret was not buying more real estate sooner.” Patrick confides the conversation “really stuck with me because he said that high tech is fun, it’s cognitively rewarding” but like working in many other highly skilled professions, that alone isn’t going to get you set for early retirement or have “your family set for success” in the future in the way that you want. Patrick claims he has never forgotten that advice and credits those words from a trusted mentor and friend to getting him into real estate full- time.

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