Joel Bolomboy

Joel Bolomboy is a standout professional with 8+ years of experience, knowledge, business acquisition, and business system implementations. Aiming to leverage skills to successfully Acquire Multifamily Real Estate or Cash Flowing Businesses. Continuously providing and creating for thousands of families and individuals; providing housing units, creating jobs, and mentoring youth.

Joel Bolomboy has a one-of-a-kind story and unique, unheard-of background. Having an international background and being a first-generation immigrant, Joel Bolomboy is living the true American dream. Joel's dad originally from the Democratic Republican of Congo and Joel's mother being from Ukraine and having Ukrainian/Russian roots. Joel's story starts off where Joel's dad had many academic scholarship opportunities to go to universities all over the world, including universities in America. Joel's dad ultimately wanted to go to university in America but having an upbringing with the lack of resources and financial support to be able to make it really happen, even with the help of all his academic scholarship opportunities, he had to ultimately settle on accepting an academic scholarship to university in Russia. Where he met Joel's mom, later Joel being born in Donetsk, Ukraine in 1994. Joel's first languages where French and Russian until he started to learn English, years later when he would move to America.

Joel's early days consisted of bouncing around between Ukraine, Russia, and France. When Joel's parents finished university, they decided they wanted to move to Texas in America to pursue a better life for themselves, Joel and future kids they planned on having. Joel moved to America when he was around 5 years old and the rest was history. Joel was the typical kid that grew up playing outdoors, was into sports, video games and all the other fun things kids enjoy. Fast forward to Joel's teenage years, he quickly fell in love with the sport of basketball. Joel, being blessed with some gifts that not everyone is born with, made the most of it. His physical attributes complemented his love for basketball, Joel grew to be 6'9 and had the build for a future NBA star. His eyesight was set on one day playing in the NBA.

As Joel progressed through middle and high school, he made a name for himself and became one of the states and nations' top prospect. When Joel wrapped up his high school career, he had over 21 official division 1 scholarships from high majors and top prestigious schools. Gaining interest from over hundreds of schools across the country. Joel decided to take his talents to Weber State University in Ogden, UT where he played 4 years and majored in Professional Sales. Towards the end of Joel's last year at Weber, Joel became one of the schools' greatest player to ever come through the program and became one of the best players in the world and whole country. Joel went on to get drafted in the 2016 NBA draft by the Utah Jazz and had a successful 7-year career playing for the Utah Jazz, Milwaukee Bucks, and other Professional Basketball Teams.

Joel's investing career began in 2016 where he realized he wouldn't play basketball forever and noticed an eye-opening trend. Every ultra wealthy, successful friend he knew was either a business owner or real estate investor. With that said he took the next few years to launch his own private Multifamily acquisition company and got his billionaire mentors to show him the way. Joel launched Bolomboy Capital in 2017 and successfully acquired 400 units throughout Florida. At the time Joel was targeting value add c class assets, 75 units & under and deals that happened to be $10 million or less. Taking a proven method and perfecting it Joel came into a stagnant period where his company experienced significant growth, but his primary profession was basketball and the 2 would overlap. Joel ended up merging his real estate company with 2 partners that he met along the way and became a managing partner of Dreamstone Investments, allowing him to remain focused on his basketball career while still being able to continue to have the real estate aspect there.

Joel along with his 2 partners at Dreamstone Investments went on to significantly scale their portfolio and operations to where they currently sit at today with over 1,500 units and $400 million assets under management. With a typical transaction now being 250 units+ and in the ballpark realm of $75 million. Joel and Dreamstone focus on buying a class assets that are of newer build, pre-stabilized condition or large build to rent single family home communities in Texas and Georgia. All of this having led to exponential growth within Dreamstones, gave Joel and his 2 partners no choice but to vertically integrate through acquisitions. Adding an in-house property management company and painting company complementing their growth. Joel accumulating wealth himself along the way through basketball, investing, and his real estate company and various entrepreneurial ventures, decided to take all his skills and build a portfolio of cash flowing businesses. Joel's newest venture he recently formed in late 2022 is Business Junkies.

Business Junkies is an alternative investments acquisition firm that acquires alternative assets, such as cash flowing businesses and or multifamily real estate, or in general alternative assets that cash flow. Alternative assets are not your typical and most known forms of investments such as stocks, ETF's, IRA's, 401k's, etc. Business Junkies buys the deal/assets then allows individuals and institutional investors to invest in our deals right along side Business Junkies. Being able to achieve above average market returns, we Help create reliable passive income streams for investors. Investors enjoy all the benefits of being a business owner or owning a piece of real estate without doing any work. Benefits include capital preservation while receiving monthly distributions (cash flow), since 99% of the time the assets we buy have equipment's, machinery or FF&E (furniture fixture and equipment) that can be depreciated, investors enjoy tax benefits and future appreciation of assets if applicable when the time for a sale comes.